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Bangladesh's economic outlook for 2024-25

Muhammad Mahmood | 2024-07-14 00:00:00

Even in the very recent past Bangladesh was hailed as a great success story for achieving rapid economic growth and raising millions of people out of poverty. A World Bank (WB) report published in last October wrote, "From being one...

Plight of Kurigram flood victims

2024-07-14 00:00:00

The devastating flood in Kurigram, where thousands of people are struggling amidst rising water level and insufficient relief efforts, is not receiving the urgent attention it deserves. The continuous rise in water levels of the Brahmaputra, Dharla, Teesta, and Dudhkumar...

Dhaka's perennial water-logging problem

2024-07-14 00:00:00

An incessant rainfall on Friday brought the capital to a standstill, highlighting once again the critical need for improved drainage infrastructure. The heavy monsoon rain resulted in severe waterlogging across several key areas of Dhaka, including Mirpur, Mohammadpur, Shewrapara, Kazipara,...

Getting to the heart of youth unrest

Atiqul Kabir Tuhin | 2024-07-14 00:00:00

The youth of Bangladesh have seemingly had enough and are not prepared to stand by in silence any longer and just accept what is being dished out to them. Wherever you look nowadays nationwide you'll find angry and disillusioned university...

Doing away with measures that restrict trade

Asjadul Kibria | 2024-07-14 00:00:00

Is protectionism in global trade rising and also eroding global business? The answer is 'yes', as per the head of the World Trade Organization (WTO). Last week, she told BBC: "We are seeing increasing protectionism, some undermining of the WTO...

Data errors: CPA too resorts to double counting

2024-07-14 00:00:00

It has now emerged that Chittagong Port Authority (CPA) has been calculating the number of outbound containers twice. Interestingly enough, the CPA has gone on record to state that this is, apparently, the international practice. While checking the number of...

CDA chairman holds courtesy meeting with BB governor

OUR CORRESPONDENT | 2024-07-13 12:00:00

CHATTOGRAM, July 12: Chairman of Chittagong Development Authority (CDA) Mohammad Yunus held a courtesy meeting with Bangladesh Bank (BB) Governor Abdur Rauf Talukdar at Radison Blu Hotel in Chattogram on Friday.Secretary of the Finance Department of the Ministry of Finance...

63 missing after Nepal landslide sweeps two buses into river

2024-07-13 00:00:00

BHÂRATPUR, Nepal, July 12 (AFP) : Nepal authorities on Friday evening temporarily halted the search for at least 63 people missing after a landslide triggered by heavy monsoon rains swept two buses off a highway and plunged them into a...

Bronze jewellery of Gopalganj recognized as GI product

2024-07-13 00:00:00

TUNGIPARA (Gopalganj) July 12 (BSS): Bronze jewellery of Gopalganj has been recognized as a Geographical Indication (GI) product. This is the second product from the district to get this recognition.Earlier, Rosogolla from Gopalganj received GI recognition as the first product...

Hamas calls for independent Palestinian government in post-war Gaza

2024-07-13 00:00:00

GAZA CITY, Palestinian Territories, July 12 (AFP): Hamas is suggesting during ceasefire negotiations that an independent government of non-partisan figures run post-war Gaza and the Israeli-occupied West Bank, a member of the Palestinian Islamist movement's political bureau said Friday."We proposed...

Foundation laying of new Kalurghat bridge in Dec

NAZIMUDDIN SHYAMOL | 2024-07-13 00:00:00

CHATTOGRAM July 12: The foundation stone of the long-awaited new Kalurghat Bridge in the port city is likely to be laid next December.The Bangladesh Railway (BR) is going to build a two-tier road-cum-rail bridge at Kalurghat point over the Karnaphuli...

Quota protesters condemn police attacks

FE REPORT | 2024-07-13 00:00:00

Students demanding job quota reform in public recruitment continued their demonstrations across the country on Friday.In Dhaka, students blocked Shahbagh intersection on Friday afternoon, a weekend holiday, as heavy rain and waterlogging drenched the city. During the hour-long blockade, they...

Stern action if law and order disrupted

FE REPORT | 2024-07-13 00:00:00

The Dhaka Metropolitan Police (DMP) issued a warning on Friday that stern legal action would be taken if anyone tried to disrupt the law-and-order situation and create public sufferings therewith.Addressing those on the ongoing movement for reform of the quota...

Floods in Sirajganj, Sunamganj leave 200,000 stranded

2024-07-13 00:00:00

Continuous rainfall and onrush of water from the upstream have raised the Jamuna River's water level at Sirajganj Point, stranding over 100,000 people, report agencies. The water level rose by 8 cm in the past 24 hours to 6 am...

Sue the bosses, seize their assets

REZAUL KARIM | 2024-07-13 00:00:00

The National Security Intelligence has suggested that the authorities seize the properties of and take stern legal action against the top bosses of two errant e-commerce platforms -- Aladinerprodip and Dhamaka Shopping -- for cheating customers, sources said.The country's principal...

Briefing 2024-07-13

2024-07-13 00:00:00

Prayer Timings (2024-07-13)

2024-07-13 00:00:00

LCs worth $68.19b opened in FY24

FE REPORT | 2024-07-13 00:00:00

The country's importers opened letters of credit (LCs) worth $68.19 billion in the fiscal year 2023-24, up by 1.85 per cent from that in the previous year, according to Bangladesh Bank (BB) data.During the fiscal year 2022-23, the amount of...

Normalcy expected as gas supply resumes after pipeline fixed

M AZIZUR RAHMAN | 2024-07-13 00:00:00

The authorities repaired a damaged gas- transmission pipeline 62 hours after an accident and resumed the flow of re-gasified liquefied natural gas (LNG) through it on Friday morning.Md Rafiqul Islam, managing director of state-owned Rupantarita Prakritik Gas Company Limited (RPGCL),...

Repay state-guaranteed loans regularly to skip defaulter tag

SYFUL ISLAM | 2024-07-13 00:00:00

Fast-rising state guarantees against both foreign and local loans warrant government alert for ministries and the central bank to timely repay the debts to avert the risk of falling defaulter, officials said.The Ministry of Finance has made the reminder decision...

Downpour deluges Dhaka, drainage goes haywire

FE REPORT | 2024-07-13 00:00:00

Season's heaviest monsoon rain deluged Dhaka as the heavens opened over the capital on Friday morning, with streets getting waterlogged and weekend commuters facing immense difficulties.It began to rain early in the morning and continued unabated until around 1:30 pm,...

Pvt credit drops, as banks dumping funds in govt securities

JUBAIR HASAN | 2024-07-13 00:00:00

Commercial banks' holdings in government securities (G-sec) continue ballooning for plum bets put on treasuries to meet budget shortfalls after a freeze on printing money as an inflation-control measure. Such diversion of funds into G-sec is creating a crowding-out effect...

Weather (2024-07-13)

2024-07-13 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Mymensingh, Chattogram and Sylhet divisions and at many places over Dhaka, Rajshahi, Khulna and Barishal divisions with moderately heavy to very...

News in Brief -2024-07-13

2024-07-13 00:00:00

Mother dies falling from son's bikeA woman has died after falling off the back of her son's motorcycle in Chapainawabganj's Sadar upazila, reports bdnews24.com. The accident occurred in the Narendrapur area of the Sadar upazila around 10:00 am on Friday,...

Youth stabbed dead in capital

FE REPORT | 2024-07-13 00:00:00

An employee of a beverage company was stabbed to death by unidentified miscreants in Kadamtali area of the capital on Thursday night.The deceased was identified as Mahbub Alam, 52, who was engaged in supplying water and soft drink bottles to...

Agitating students of Jahangirnagar University brought out a torch procession

2024-07-13 00:00:00

Agitating students of Jahangirnagar University brought out a torch procession on the campus on Friday, protesting attacks on the anti-quota movement participants in various parts of the country. — FE Photo

Road accidents claim six lives in two districts

2024-07-13 00:00:00

At least six people were killed in separate road accidents in Chattogram and Jashore districts on Friday, report agencies. In Chattogram, three people, including a child, were killed after a CNG-run autorickshaw collided head-on with a salt-laden truck in Chattogram's...

BD, Indian FMs discuss Teesta, goods supply

FE REPORT | 2024-07-13 00:00:00

Teesta and supply of essential commodity issues, among others, were discussed during the bilateral meeting between foreign minister Dr Hasan Mahmud and his Indian counterpart Dr S Jaishankar.They sat in talks on the sidelines of the Second BIMSTEC Foreign Ministers'...

CMP recommends suspension of ADC Karmul

2024-07-13 00:00:00

CHATTOGRAM, July 12 (UNB): Chattogram Metropolitan Police (CMP) has written to the police headquarters in Dhaka recommending suspension of Additional Deputy Commissioner (ADC-Crime) Mohammad Kamrul Hasan after an internal police probe confirmed his involvement in graft.The recommendation of the suspension...

Govt taking multifaceted approach to cut poverty

2024-07-13 00:00:00

Chattogram, July 12, (UNB): State Minister for Finance Waseqa Ayesha Khan said that over the past 16 years, approximately Tk 9.0 trillion (9 lakh crore) has been allocated to the social security sector, a rare feat in the South Asian...