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Maintain confidence in banking sector

Says BB Governor | 2024-09-13 00:00:00

The Governor of Bangladesh Bank, Dr. Ahsan H Mansur, has urged the public to maintain confidence in the nation's banking sector, highlighting significant ongoing reforms aimed at stabilizing and improving financial institutions, reports UNB.In a message sent directly to the...

Spl body formed to take stock of ICT programmes

FE REPORT | 2024-09-13 00:00:00

A nine-member committee has been formed to review the development projects, procurement plans, and programmes implemented by the ICT Division and its subsidiaries over the past 15 years (2009-2024). Information and Communication Technology (ICT) Division Additional Secretary Mahbubur Rahman heads...

Briefing 2024-09-13

2024-09-13 00:00:00

Reshuffles, inquiries leave BSEC in disarrayAn eerie sense of unease hangs at the Bangladesh Securities and Exchange Commission (BSEC), with its staffers divided into groups fighting with each other and seeking protection from the wrath of the changing political landscape....

Tenders floated to purchase LNG

M AZIZUR RAHMAN | 2024-09-13 00:00:00

Bangladesh has floated tenders, after a hiatus of around four months, to purchase liquefied natural gas (LNG) from a spot market after coming online of the Summit's LNG terminal, a senior Petrobangla official told the FE on Thursday.The state-run Rupantarita...

Pvt sector credit growth surprisingly rises in July

JUBAIR HASAN | 2024-09-13 00:00:00

Formal credit to the private enterprises increased significantly in July, which money market analysts termed 'very surprising' as overall economic activities were almost halted in that month because of mass uprising that led to the fall of Sheikh Hasina government...

Credit ebb, remittance surge signal G-Sec yield contraction

SIDDIQUE ISLAM | 2024-09-13 00:00:00

Dampened credit demand, particularly from private business, and higher remittance inflows signal an oncoming downturn in the yields on government securities (G-Sec), bankers predict.The yields on G-Sec, like Bangladesh Government Treasury Bonds (BGTBs) and Treasury Bills (T-bills), have already seen...

Arrest warrant issued against A. Hye Bachchu

FE REPORT | 2024-09-13 00:00:00

A court in Dhaka has issued arrest warrant against former BASIC Bank chairman Sheikh Abdul Hye Bacchu and four of his family members in connection with a money laundering case filed by the Anti-Corruption Commission (ACC). Judge of the Metropolitan...

Businesses urge image-rebuilding action as disinformation dents buyer confidence

FE REPORT | 2024-09-13 00:00:00

Business leaders Thursday urged the interim government to undertake package reforms in economic field, including action to curb "disinformation" that dents confidence of foreign buyers in Bangladesh's major export destinations.Their call came at 'National Business Dialogue' where Chief Adviser of...

15-20pc RMG orders lost

FE REPORT | 2024-09-13 00:00:00

The council of advisers on Thursday asked the finance ministry to take necessary steps to recover the funds different ministries deposited with various banks. The finance ministry has been asked to request the Bangladesh Bank to sit with the banks...

Worry about export slump as 258 industrial units stay shut

FE REPORT | 2024-09-13 00:00:00

Industrial unrest stokes worry about export timing and resultant order diversion as around 250 factories in Savar-Ashulia and Gazipur belts stay shut in fear of vandalism as a section of workers continued demonstrations undeterred.However, the post-uprising interim government Thursday expressed...

Ex-MP Fazle Karim, two others held while intruding into India

2024-09-13 00:00:00

Members of Border Guard Bangladesh (BGB) have arrested three people, including former Awami League lawmaker ABM Fazle Karim Chowdhury, from Brahmanbaria's Akhaura border, reports agencies.The two others are Md Hannan Molla, former union parishad member of Nurpur area under Akhaura...

Probe if AL men are behind unrest in RMG sector

2024-09-13 00:00:00

Expressing deep concern over the ongoing unrest in the readymade garment industry, Bangladesh Jamaat-e-Islami has asked the authorities to look into whether an Awami League leader and his men are acting as instigators behind the incidents, reports UNB.Jamaat-e-Islami Secretary General...

Khaleda's fitness being examined for overseas treatment: Zahid

2024-09-13 00:00:00

The medical board at Evercare Hospital is assessing BNP Chairperson Khaleda Zia's physical fitness for sending her abroad for treatment as soon as possible, reports UNB.Khaleda's personal physician, Professor AZM Zahid Hossain, made the remark while addressing a press briefing...

Ex-addl SP Kafi on five-day remand in murder case

2024-09-13 00:00:00

A Dhaka court has placed former Dhaka district's Additional Superintendent of Police Abdullahhil Kafi on a five-remand in a case over the killing of Military Institute student Shaikh Ashabul Yameen, reports UNB.Dhaka Senior Judicial Magistrate Md Julhas Uddin passed the...

Hasina, 25 journalists sued over killing man during movement

2024-09-13 00:00:00

As many as 25 journalists have been named along with deposed prime minister Sheikh Hasina and 165 others in a case filed over the murder of Md Fazlu in the capital's Mirpur during the student-led civil uprising, reports bdnews24.com.The deceased's...

Article 70 of Constitution needs to be amended: AG

2024-09-13 00:00:00

Attorney General (AG) Md Asaduzzaman has said article 70 of the Constitution needs to be amended "The interim government led by Muhammad Yunus has been doing everything according to the Constitution. This government has written legality from the Supreme Court...

Inu, Menon, Palak, ex-IGP Mamun sent to jail

2024-09-13 00:00:00

A Dhaka court has sent Jatiya Samajtantrik Dal (JSD) president Hasanul Haq Inu, Workers Party president Rashed Khan Menon, ex-state minister for ICT Junaid Ahmed Palak and ex-IGP Chowdhury Abdullah Al-Mamun to jail after expiry of their remand period, report...

Polls will be held at the earliest after reforms

2024-09-13 00:00:00

FE REPORT Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir expressed hope on Thursday that the interim government headed by Dr Muhammad Yunus would arrange the national election after completing the state reforms at the earliest. He came...

Light rain likely today,,,,,

2024-09-13 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 and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the Met Office.It...

Yunus can charm Western govts to consider hosting Rohingya refugees: Kugelman

2024-09-13 00:00:00

Chief Adviser Professor Muhammad Yunus could be an asset in leveraging his star power and connections to the donor community to get Western governments to consider hosting refugees, says an expert on South Asian affairs, reports UNB."Yunus has an opportunity...

Prof Badruzzaman appointed BUET VC

2024-09-13 00:00:00

The government has appointed Dr Abu Borhan Mohammad Badruzzaman, Professor of Civil Engineering Department of Bangladesh University of Engineering and Technology (BUET) as its new Vice-Chancellor (VC), reports UNB. The Ministry of Education issued a notification on Thursday in this...

Prof Mamun Ahmed new Pro-VC of DU

DU CORRESPONDENT | 2024-09-13 00:00:00

Professor Mamun Ahmed of the Department of Biochemistry and Molecular Biology of Dhaka University (DU) has been appointed the new Pro-Vice Chancellor (Education) of the institution.The Ministry of Education announced the appointment on Thursday in a notification, signed by Deputy...

Prof Abdul Hannan Chy new NSU VC

2024-09-13 00:00:00

Professor Abdul Hannan Chowdhury has been appointed as the new vice-chancellor (VC) of North South University (NSU), reports UNB.A press release, signed by Rafe Sadnan Adel, director (Public Relations Office) at the university, confirmed his appointment on Thursday.Professor Chowdhury was...

Ex-DMP chief Asaduzzaman on 7-day remand

2024-09-13 00:00:00

FE REPORT Former Dhaka Metropolitan Police (DMP) Commissioner Asaduzzaman Mia has been placed on a seven-day remand in connection with a case filed over the custodial death of former Jatiyatabadi Chhatra Dal (JCD) leader Nuruzzaman Jonny in a "crossfire" in...

Three ministries won't use single-use plastic bottles

2024-09-13 00:00:00

FE REPORTSingle-use plastic water bottles will no more be used in meetings, seminars, workshops and other daily activities in the ministries, departments and offices, organisations and companies under the Ministry of Power, Energy and Mineral Resources, Ministry of Road Transport...

Tanzimuddin, Anwar Hossen made UGC members

2024-09-13 00:00:00

The University Grants Commission (UGC) has named Dhaka University (DU) professors Mohammad Tanzimuddin Khan and M Anwar Hossen as new members, reports bdnews24.com.The Ministry of Education issued a notification in this regard on Thursday.After the fall of the Awami League...

Operation of many plastic recycling units going on in full swing by illegally encroaching

2024-09-13 00:00:00

Operation of many plastic recycling units going on in full swing by illegally encroaching the Buriganga in the capital's Lalbag-Kamrangirchar Beribadh area. The snapshot was taken on Thursday. — Focus Bangla

364m people in states like BD lack social protection: ILO

2024-09-13 00:00:00

FE REPORT As many as 364 million people in the most climate vulnerable countries, including Bangladesh, still lack any form of social protection, according to a new report of the International Labour Organization (ILO), published on Thursday.The climate vulnerable countries...

Amir Humayun Mahmud awarded by Thai govt

2024-09-13 00:00:00

Our CorrespondentCHATTOGRAM, Sept 11: Thailand's King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua awarded Amir Humayun Mahmud Chowdhury by giving the country's highest honor Grand Order of the Crown of Thailand to him. The prize was given to Amir Humayun Mahmud Chowdhury for...

Hafizur Rahman takes charge as FBCCI administrator

2024-09-13 00:00:00

Bangladesh Competition Commission member Md Hafizur Rahman formally took charge on Wednesday as the administrator of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), reports BSS.Md Hafizur Rahman was also a former additional secretary to the government.General council...