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Transport services resume after six-day halt

FE Report | 2024-07-25 00:00:00

Transport movement on the long routes of the country resumed on Wednesday as most of the bus operators ran their vehicles after a suspension of six days.However, the Bangladesh Railway (BR) is yet to start train operation but plans to...

Bangladesh Army vehicles stand guard outside the Bangladesh Bank

2024-07-25 00:00:00

Bangladesh Army vehicles stand guard outside the Bangladesh Bank in Dhaka, following nationwide unrest and curfew. — FE Photo

Banks’ excess liquidity dips after upturn

JUBAIR HASAN | 2024-07-25 00:00:00

The volume of excess liquidity in the commercial banks fell in May after months of growth, putting pressure on overall fund management the money market, according to the latest statistics from the central bank.The May decline affected not only excess...

Briefing 2024-07-25

2024-07-25 00:00:00

Prayer Timings (2024-07-25)

2024-07-25 00:00:00

Expressway, metro services unlikely to resume shortly

MUNIMA SULTANA | 2024-07-25 00:00:00

Dhaka metro rail and elevated expressway are unlikely to resume operations soon following attacks on the physical infrastructure of the popular transport services recently.An angry mob vandalised two metro stations and toll plazas and also carried out arson attacks during...

Business leaders urge waiver of charges at port

2024-07-25 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has requested the government to waive demurrage charges at ports due to delayed delivery of goods over the last five days, reports UNB.Business leaders have also demanded that any new...

E-commerce loses Tk 600m in five-day Internet blackout

DOULOT AKTER MALA | 2024-07-25 00:00:00

E-commerce businesses have lost at least Tk 600 million during the five-day nationwide Internet blackout, according to entrepreneurs, as they said their sufferings included difficulties ranging from tracking inventory to delivering goods amid a curfew.The situation, according to them, affected...

No penalty for payment default during shutdown

FE REPORT | 2024-07-25 00:00:00

Clients of credit cards, borrowers and accountholders of savings schemes can deposit or repay instalments sans additional interest or penalties under a clemency for periods of curfew and unrest-induced unscheduled holiday.Bangladesh Bank (BB) issued Wednesday directions for banks and financial...

It was a target by BNP-Jamaat to destroy economy

2024-07-25 00:00:00

Prime Minister Sheikh Hasina on Wednesday said she had apprehended destructive activities across the country by the BNP-Jamaat nexus to cripple the economy and hold back the nation's march towards prosperity, reports UNB. "…they (BNP-Jamaat) tried to prevent us from...

Banks bump under transaction rush

FE REPORT | 2024-07-25 00:00:00

As if floodgates opened as banks saw a rush of accountholders to withdraw cash and have other banking-related services when operations resumed Wednesday after an exigent long break. Banks reopened certain branches for a curfew-truncated time -- as did offices...

Conducting trade in local & common currencies

Nasrin Sheely | 2024-07-25 00:00:00

Bypassing international currencies is a common talk following the global supply chain disruption due to the Russia-Ukraine war. De-dollarisation becomes an issue when sanctions are imposed on different countries to execute transactions in US dollar. Reports indicate Russia and China...

Healthcare issues in CHT

2024-07-25 00:00:00

Tribal people in the Chittagong Hill Tracts (CHT) face significant hardships in accessing healthcare services due to the lack of quality hospitals tailored to the needs of the tribal population. The existing hospitals and upazila health complexes are plagued by...

Freelancers hit hardest by internet shutdown

2024-07-25 00:00:00

The recent internet shutdown has left a devastating impact on the country's online freelancer community. As a nation striving to build a robust digital economy, such disruptions not only cause immediate financial hardship but also erode our long-term reputation in...

Crisis-ridden mango farmers

Mir Mostafizur Rahaman | 2024-07-25 00:00:00

Mango is the most popular fruit in the country. People of all ages are fond of mango, and it is so popular that from time memorial mango has been heavily featured in the works of leading poets and artists.Bangladesh has...

Payra Seaport: A white elephant in the making?

Atiqul Kabir Tuhin | 2024-07-25 00:00:00

A sound feasibility study is the key to successful implementation and effective functioning of any project. But in Bangladesh, the importance of conducting a feasibility study before project implementation is often overlooked, leading to implementation delays and cost overruns. Worse...

DNCC waste management incapacitated

2024-07-25 00:00:00

Waste disposal in metropolises has ever remained challenging not only for mega cities the world over but also in other smaller cities and towns. Dhaka City came out creditably in the task of clearing off the accumulated solid garbage in...

National revenue collection takes a hit

Syed Mansur Hashim | 2024-07-24 12:00:00

With the internet blackout and nationwide shutdown comes a host of problems for internal revenue generation. According to a report published in this newspaper on July 22: "State exchequer counts an estimated domestic revenue loss of Tk 8.73 billion daily...

Weather (2024-07-24)

2024-07-24 00:00:00

Rainfall: Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur over the country 06:00 pm today (Wednesday), according to the Met office.The highest temperature in the country on (Tuesday) was recorded at 34.5 degrees Celsius...

No late fee on loan repayment

2024-07-24 00:00:00

BRAC Bank PLC has decided not to charge any late payment fee or interest on its loan to customers in the event of delayed repayments due to general holidays and internet outage nationwide, the bank said in a message received...

Students' death toll will be known after reopening of instts: Minister

2024-07-24 00:00:00

The number of deaths and injuries of students in the recent protests will be known after the reopening of educational institutions, said Education Minister Mohibul Hassan Chowdhury on Tuesday, reports UNB. "We have to see how many students actually took...

220 RMG units in Ctg reopen under special arrangement

2024-07-24 00:00:00

CHATTOGRAM, July 23 (UNB): Production in 220 garment factories in Chattogram out of 350 resumed under special arrangements by the local administration on Tuesday.First vice-president of BGMEA Nazrul Islam said the orders in some garment factories are going to be...

Valuables worth Tk 2-3 billion damaged in BTV attack: DG

2024-07-24 00:00:00

Valuables worth around Tk 2.0-3.0 billion were damaged during the arson attack on Bangladesh Television (BTV) building amid student protest over quota reform on July 18, reports UNB."How much valuables were gutted or destroyed could not be ascertained yet but...

Cash shortage hits city dwellers, patients most affected

2024-07-24 00:00:00

Residents of Dhaka, particularly patients admitted in hospitals, are facing a shortage of cash as banks as well as digital transaction is off due to lack of internet service and ongoing curfew across the country, reports UNB.Patients admitted in hospitals...

Toll collection from vehicles going on manually at the Mayor Hanif Flyover

2024-07-24 00:00:00

Toll collection from vehicles going on manually at the Mayor Hanif Flyover in the capital on Tuesday, as its toll plaza at the Jatrabari end was destroyed during the quota reform-related unrest. — FE Photo

BNP leaders Shimul Biswas, Nirob arrested

2024-07-24 00:00:00

Law enforcement agencies arrested some more opposition leaders and workers, including BNP Chairperson's Special Assistant Shimul Biswas and the party's Dhaka North City unit President Saiful Islam Nirob from different parts of Dhaka on Tuesday, reports UNB.Shimul Biswas was arrested...

Samanta condemns miscreants' attacks on people, property

2024-07-24 00:00:00

Health Minister Dr. Samanta Lal Sen today condemned the attacks of miscreants on service providing people and public property during the recent violence, reports BSS."Miscreants launched destructive activities on common people and government establishments . . . in the attacks,...

Terrorists resorted to violence to topple govt: Home minister

2024-07-24 00:00:00

NARSINGDI, July 23 (UNB): A terrorist group or a quarter with vested interest was involved in the violence and arson attacks on state-owned establishments in an attempt to topple the government, Home Minister Asaduzzaman Khan said on Tuesday."A terrorist group...

Law Minister Anisul Huq speaking at a press conference

2024-07-24 00:00:00

Law Minister Anisul Huq speaking at a press conference to unveil the gazette notification on the quota system at Gulshan-2 in the capital on Tuesday. Education Minister Mohibul Hassan Chowdhury, Public Administration Minister Farhad Hossain, and State Minister for Information...

Freelancers fear significant negative impacts

SAIF UDDIN | 2024-07-24 00:00:00

Online freelancers working from the country fear that the prolonged internet shutdown would have a far-reaching impact as they would lose their regular clients and a negative image of the country would be projected abroad. Even after the internet service...