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Japan to resume funding for stalled projects in Sri Lanka

2024-07-26 00:00:00

COLOMBO, July 25 (Reuters): Japan will resume funding for all stalled projects in Sri Lanka, Tokyo's envoy there said on Wednesday, the first such announcement since the island nation finalised a $10 billion restructuring deal with its official creditors.A total...

UK govt launches flagship green energy plan

2024-07-26 00:00:00

LONDON, July 25 (Reuters): Britain's new Labour government launched its flagship green energy infrastructure plan on Tuesday, announcing a multi-billion-pound partnership with the business arm of the royal family to develop offshore wind farms.UK Prime Minister Keir Starmer is establishing...

Foxconn to invest $138m for new business HQs in China

2024-07-26 00:00:00

BEIJING, July 25 (Reuters): Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, said on Wednesday it plans to invest 1 billion yuan ($137.5 million) to construct a new business headquarters in Zhengzhou, China.Foxconn, formally called...

World's richest 1pc gained $40t in a decade: Oxfam

2024-07-26 00:00:00

PARIS, July 25 (AFP): The world's richest one per cent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda.Despite...

SHAHJALAL ISLAMI BANK BOARD MEETING HELD -

2024-07-26 00:00:00

The 382nd meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at its Corporate Head Office on Wednesday, with its Chairman A K Azad in the chair. The Board approved a number of investment proposals. Vice-Chairmen...

Nestle, Unilever sales disappoint as consumers still wary of high prices

2024-07-26 00:00:00

Nestle and Unilever may be raising prices more slowly but it has not been enough to win back some cost-conscious customers, with the consumer goods giants delivering disappointing first-half sales growth on Thursday, reports Reuters.Shares of Dove soap maker Unilever...

Social Islami Bank waives late fee for credit card dues

2024-07-26 00:00:00

Social Islami Bank PLC has waived late payment fee for its customers who could not make their installment payments for credit cards and investments due to the current situation. The customers can now pay such dues by July 31, 2024...

BIDA witnesses surge in investment proposals

FE REPORT | 2024-07-26 00:00:00

A total of 254 industrial establishments have registered with the Bangladesh Investment Development Authority (BIDA) in the past three months through June. Among them, 220 are local enterprises, 19 are foreign-owned firms, and 15 are joint ventures. The combined proposed...

Bay Terminal to expand with new oil terminal

NAZIMUDDIN SHYAMOL | 2024-07-26 00:00:00

CHATTOGRAM, July 25: The Bay Terminal, the flagship project of Chittagong seaport, will expand to include an oil terminal alongside the three terminals already designated in the master plan.This new addition will enable Bay Terminal to accommodate oil tankers at...

News in Brief -2024-07-26

2024-07-26 00:00:00

Death toll from Ethiopia landslide hits257, could reach 500, says UNKENCHO SHACHA GOZDI, July 25: The death toll from landslides in a remote region of southern Ethiopia has risen to 257, the United Nations said Thursday, warning that the number...

Biden left presidential race to save democracy, he says

2024-07-26 00:00:00

NEW YORK, July 25 (BBC): US President Joe Biden has told Americans in a televised address that he decided to end his faltering re-election campaign in a bid to save US democracy.Mr Biden, 81, said he felt his record as...

Drones open new battlefront

2024-07-26 00:00:00

KYIV, July 25 (BBC): The black box sits on the army truck dashboard like a talisman, its tiny screen lighting up with warnings when Russian drones are above us. We are driving fast along a country road in the darkness...

Only 4 survive as boat capsizes with 45 refugees off Yemen's coast

2024-07-26 00:00:00

SANNA, July 25 (Reuters): A boat with at least 45 refugees has capsized off the coast of Yemen's Taiz on Wednesday night, and there are only four survivors, the UN refugee agency in Yemen said on Thursday.The boat capsized because...

Weather (2024-07-26)

2024-07-26 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Khulna, Barishal and Chattogram divisions; at a few places over Sylhet division and at one or two places over Rangpur, Rajshahi, Dhaka...

263 dengue patients hospitalised in 24 hrs

2024-07-26 00:00:00

Two hundred and sixty-three dengue patients were hospitalised in the last 24 hours until Thursday morning, reports UNB.Of the new patients, 164 were hospitalised in Dhaka city, while the rest were outside the capital, according to the Directorate General of...

Sit with students' bodies to resume classes

2024-07-26 00:00:00

The Ministry of Education will request the heads of the higher educational institutions to discuss with the students' organisations to resume academic activities after ensuring safe and congenial atmosphere, reports UNB.Education Minister Mohibul Hasan Chowdhury Nowfel revealed the information, said...

HC verdict on Tk 5.76b tax on Grameen Kalyan July 30

FE REPORT | 2024-07-26 00:00:00

The High Court (HC) on Thursday fixed July 30 to deliver its verdict on two writ petitions filed by Grameen Kalyan, an organisation headed by Noble Laureate Prof Dr Muhammad Yunus, challenging imposition of income tax worth Tk 5.76 billion...

Singer Shafin Ahmed no more

2024-07-26 00:00:00

Shafin Ahmed, one of the most popular band artists, has passed away at age of 63, reports UNB.The singer breathed his last while on life support at a hospital in Virginia, United States, on Thursday morning (Bangladesh time). due to...

Linguist Mahbubul Haque dies

2024-07-26 00:00:00

Mahbubul Haque, a linguist and former Chittagong University (CU) professor, has died in a hospital in the capitak at the age of 76, reports bdnews24.com.The Ekushey Padak-winning freedom fighter breathed his last while undergoing treatment at the Combined Military Hospital...

Dhaka struggling to return to normal

FE REPORT | 2024-07-26 00:00:00

Dhaka city was found trying to return to normalcy on Thursday, the second day of a seven-hour curfew relaxation.But markets, shopping malls and other trading places witnessed a lesser number of customers than that of normal days, a spot visit...

BD High Commission in Delhi protests India Today’s news

2024-07-26 00:00:00

Bangladesh High Commission in New Delhi has protested a news article with false information, titled "Indian students flee Dhaka amid violent clashes, PM Sheikh Hasina airlifted," published online as well as a related post on the X handle of India...

Exemplary punishment must be meted out for killings: BNP

FE REPORT | 2024-07-26 00:00:00

Bangladesh Nationalist Party (BNP) demanded on Thursday that the government mete out exemplary punishment to those responsible for the killing of students and innocent people over the job quota movement.It also called upon the government to provide due compensation to...

BJP Chief Partho on five-day remand

FE REPORT | 2024-07-26 00:00:00

A Dhaka court on Thursday sent two people, including Bangladesh Jatiyo Party (BJP) Chairman Andaleeve Rahman Partho, to five-day remand in a case filed over setting fire to the Setu Bhaban in the capital. The other accused is Rezaul Hasanat...

PM to take responsibility of deceased's families

2024-07-26 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Thursday said Prime Minister Sheikh Hasina would take responsibility for the families of the people killed in recent nationwide mayhem, reports BSS."A committee has been formed...

Traffic congestion snarls Dhaka roads on the second day of relaxed curfew hours

2024-07-26 00:00:00

Traffic congestion snarls Dhaka roads on the second day of relaxed curfew hours on Thursday. The situation worsened during peak commuting times. The photo was taken from Chairmanbari-Airport road. — FE Photo by Asad-Uz-Zaman

UNHRC condemns govt crackdown on protesters

FE REPORT | 2024-07-26 00:00:00

UN Human Rights chief Volker Türk on Thursday called on the Bangladesh government to urgently disclose details about last week's crackdown on protests amid growing accounts of horrific violence.He also called for ensuring all law enforcement operations abide by international...

Plan to resume train service revoked, no decision yet

2024-07-26 00:00:00

Bangladesh Railway has reversed its decision to resume train services on a limited basis due to tensions surrounding the quota-protest movement, report agencies. Director General of Bangladesh Railway, Sardar Shahadat Ali, said on Thursday that no decision has been made...

It manifests lack of good governance: TIB

FE REPORT | 2024-07-26 00:00:00

The Transparency International Bangladesh (TIB) on Thursday decried the government's use of force to repress the students' quota-reform movement.Unprecedented deaths and havoc, exacerbated by interest groups, during the movement is blamed on the weakness of the government, according to the...

LTU beats tax target as tobacco, telecom drive revenue in FY24

DOULOT AKTER MALA | 2024-07-26 00:00:00

Large businesses paid nearly 26 per cent more Value Added Tax (VAT) in the last fiscal year, marking a record increase since the creation of the Large Taxpayers Unit (LTU).The LTU, established in 2003, collected Tk 736.60 billion in revenue,...

BD struggling to get LNG cargoes for regasification

M AZIZUR RAHMAN | 2024-07-26 00:00:00

Bangladesh has been grappling to receive LNG (liquefied natural gas) cargoes for regasification after purchases due to a halt in the operation of Summit LNG Terminal at Moheshkhali following accidents.One spot cargo vessel carrying around 3.36 million British thermal unit...