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DHAKA BANK opens 32ND SUB-BRANCH

2024-08-22 00:00:00

Md Mostaque Ahmed, Deputy Managing Director & CEMO of Dhaka Bank PLC, inaugurated its 32nd Sub-branch in Tongi under Sonargaon Janapath Branch, Dhaka on Monday. Tipu Sultan, SEVP & Head of Islamic Banking Division, Altamas Nirjhor, SVP & Head of...

Prime Bank offers support for injured protesters

FE REPORT | 2024-08-22 00:00:00

Prime Bank Limited (PBL) is interested in helping treat injured and maimed protesters of the recent movement that toppled Sheikh Hasina's regime on August 05."Prime Bank is eager to come forward and contribute to treating injured and maimed protesters currently...

NBR aims to improve tax-GDP ratio to address chronic budget deficits

2024-08-22 00:00:00

The National Board of Revenue (NBR) has initiated measures to improve Bangladesh's tax-GDP ratio, aiming to break free from the persistent culture of deficit budgets that has plagued the country since independence, reports UNB."Increasing the tax-GDP ratio remains a significant...

REHAB calls for revoking 'discriminatory' and 'flawed' DAP

FE REPORT | 2024-08-22 00:00:00

Terming the latest Detailed Area Plan (DAP) 2022-2035 'discriminatory' and 'flawed', the country's realtors on Wednesday urged the interim government to revoke it and implement the previous DAP 2010.The Real Estate and Housing Association of Bangladesh (REHAB) also said the...

Palm oil climbs to two-week high

2024-08-22 00:00:00

SINGAPORE, Aug 21 (Reuters): Malaysian palm oil futures rose to a two-week high on Wednesday, buoyed by prospects of weakening supply in the world's largest producer Indonesia, although softer exports data capped gains.The benchmark palm oil contract for November delivery...

Gold pauses after record rally as mkt consolidates

2024-08-22 00:00:00

Gold prices eased on Wednesday, a day after hitting record highs, as investors awaited US Federal Reserve meeting minutes and Chair Jerome Powell's speech for clues to the central bank's potential rate-cutting path, reports Reuters.Spot gold was down 0.1 per...

Indian flour mills urge govt to release wheat stocks as prices surge

2024-08-22 00:00:00

NEW DELHI, Aug 21 (Reuters): Indian wheat prices rose to their highest level in nearly nine months on Wednesday and could surge further during the festival season unless the government starts releasing stocks from its warehouses, industry figures told Reuters."Wheat...

Oil edges up after days of losses

2024-08-22 00:00:00

LONDON, Aug 21 (Reuters): Oil prices rose slightly on Wednesday, regaining some ground after steady sell-offs driven by expectations of reduced Chinese demand and diminishing concerns over the potential for Middle East conflict to spread and disrupt supply.Brent crude futures...

Bangladesh face Nepal today --

2024-08-22 00:00:00

Bangladesh will take on host Nepal in their group A match of the SAFF U-20 Championship scheduled to be held at ANFA Complex in Nepal today (Thursday), reports BSS.The match will kick off at 3:15 pm (BST).After the respective group...

England run riot to put Lanka in early trouble

2024-08-22 00:00:00

MANCHESTER, United Kingdom, Aug 21 (AFP): Chris Woakes struck twice as Sri Lanka collapsed to 80-5 at lunch on the opening day of the first Test against England at Old Trafford on Wednesday.That actually represented something of a considerable recovery...

BCCI secretary Jay Shah set to replace Greg Barclay as ICC chairman

2024-08-22 00:00:00

The Board of Control for Cricket in India (BCCI) secretary Jay Shah is all set to replace the incumbent Greg Barclay as the new chairman of the International Cricket Council (ICC), sources have confirmed to Indian news media NDTV. Barclay...

Ayub, Shakeel rescue Pakistan

2024-08-22 00:00:00

RAWALPINDI, Pakistan, Aug 21 (AFP): Left-handers Saud Shakeel and Saim Ayub hit fighting half-centuries to help Pakistan recover to 158-4 on a rain-hit opening day of the first Test against Bangladesh in Rawalpindi on Wednesday.Shakeel was unbeaten on 57 at...

Faruque becomes BCB president

2024-08-22 00:00:00

The Bangladesh Cricket Board (BCB) named ex-skipper Faruque Ahmed Wednesday as president after the resignation of Nazmul Hassan, a close ally of ousted prime minister Sheikh Hasina, report agencies.Cricket and politics go hand-in-hand in Bangladesh, and the sport has been...

Youths for stopping pond filling in Rajshahi as per HC directive

2024-08-22 00:00:00

RAJSHAHI, Aug 21 (BSS): A large number of youths and students from different parts of the city unequivocally called for stopping pond and water body filling in the city indiscriminately as per the directive of High Court (HC).Simultaneously, they also...

Poet Bande Ali Mia's ancestral house in Pabna lies unattended

OUR CORRESPONDENT | 2024-08-22 00:00:00

PABNA, Aug 21: Children's writer and poet Bande Ali Mia's ancestral house at Radhanagar-Narayanpur in Pabna district town has been lying uncared for due to lack of proper maintenance. The 118-year-old house of the gentle, modest, soft-spoken, slow-witted and quiet...

News in Brief -2024-08-22

2024-08-22 00:00:00

Moscow comes under largest Ukrainian attack MOSCOW, Aug 21: Russian authorities said Wednesday that Moscow came under the largest attack yet by Ukrainian drones since the start of fighting in 2022, and that it destroyed all of them. Russia destroyed...

Philippines says new mpox case 'not' deadly variant

2024-08-22 00:00:00

MANILA, Aug 21 (AFP): The first mpox case reported by the Philippines this year is a mild variant and not the deadly strain sparking global alarm, Health Secretary Teodoro Herbosa said Wednesday.The highly transmissible Clade 1b strain of the virus...

US criticises Israeli PM's truce stance

2024-08-22 00:00:00

JERUSALEM, Aug 21 (BBC): A senior US administration official has pushed back at reported comments by Benjamin Netanyahu, accusing the Israeli prime minister of making "maximalist statements" that are "not constructive to getting a ceasefire deal across the finish line".It...

Iran bus crash kills 28 Pak pilgrims

2024-08-22 00:00:00

TEHRAN, Aug 21 (BBC): A bus carrying Pakistani pilgrims has overturned in Iran, killing at least 28 passengers, Iranian state media reports.The crash happened on Tuesday night in the central Iranian province of Yazd and was due to a defective...

Obamas bring spirit of 2008 to Harris's party

2024-08-22 00:00:00

CHICAGO, Aug 21 (AFP): As deafening cheers greeted Barack and Michelle Obama, Democrats could have been forgiven for thinking they had been transported 16 years back in time.But in 2024, the former US president and first lady were devoting their...

Taliban bars UN human rights spl rapporteur from entering Kabul

2024-08-22 00:00:00

KABUL, Aug 21 (Reuters): The Taliban have barred United Nations-appointed special rapporteur Richard Bennett from entering Afghanistan, the administration's spokesperson told local broadcaster Tolo, accusing the human rights watchdog of "spreading propaganda".Bennett was appointed by the United Nations Human Rights...

Poverty main barrier to literacy

2024-08-22 00:00:00

One of the major challenges Bangladesh faced after the Liberation War was extremely low literacy rate. This low literacy rate is closely linked to the country's persistent poverty. A review of statistics since 1971 reveals a clear trend: as poverty...

Time to reclaim city's footpaths

2024-08-22 00:00:00

The current state of Dhaka's sidewalks and roads is a matter of to serious concern. Both sides of these essential pathways have been forcibly occupied, leaving many sidewalks unsuitable for pedestrians. This encroachment by hawkers has resulted in numerous complaints,...

Monitoring instances of human rights abuse

Mir Mostafizur Rahman | 2024-08-22 00:00:00

Bangladesh witnessed the deadliest crackdown on peaceful protests, as the immediate past government decided to use excessive force on the latter, between July 15 and August 5, 2024.According to UN reports, at least 650 people were killed and thousands injured...

Setting project priority right

2024-08-22 00:00:00

The just deposed government of Hasina literally went on a binge of mega projects in the name of development. Sure enough, a few of those like the Padma Bridge and the metro rail are iconic in terms of their infrastructural...

Buddhadeb & the literary politician

Syed Badrul Ahsan | 2024-08-22 00:00:00

The passing of Buddhadeb Bhattacharjee earlier this month brings to an end the career of not just a Marxist politician but also an individual whose grasp of literature was the envy of many across the political spectrum. Bhattacharjee, a humble...

Weak dollar, investor buying drive gold to record high

2024-08-21 12:00:00

LONDON, Aug 20 (Reuters): Gold prices hit a record high on Tuesday as a weaker dollar and buying by Western investors extended the precious metal's rally amid bets the US Federal Reserve will cut interest rates in September.Spot gold was...

Weather (2024-08-21)

2024-08-21 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Dhaka, Khulna, Barishal, Chattogram, Mymensingh and Sylhet divisions in the next 24 hours from 06:00 am today (Wednesday), according to the Met...

Students call for CMC principal's resignation

OUR CORRESPONDENT | 2024-08-21 00:00:00

CHATTOGRAM, Aug 20: Students at Chittagong Medical College (CMC) on Tuesday staged a sit-in demonstration demanding the resignation of Principal Prof. Dr. Shahena Akter, accusing her of adopting an opposition-stance against the students in the Quota Reform Movement, which turned...

BU, KU VCs resign

2024-08-21 00:00:00

Barishal University (BU) Vice-Chancellor (VC) Dr. Mohammad Badruzzaman Bhuiyan, Proctor Abdul Kaiyum, and 18 others resigned in the face of student protests, report agencies.Among those who stepped down are the provosts of four halls, several house tutors, the Director of...