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Weather (2024-07-12)

2024-07-12 00:00:00

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

Dhaka University officials and employees brought out a procession

2024-07-12 00:00:00

Dhaka University officials and employees brought out a procession on the university campus in the capital on Thursday to protest against the government's decision to bring them under the universal 'Prottoy' pension scheme. — Focus Bangla

JICA to boost institutional capacity of CWASA

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

CHATTOGRAM, July 11: The Japan International Cooperation Agency (JICA) is going to start a technical assistance project with its own grant to increase the institutional capacity of the Chattogram WASA.To this end, a meeting was held in the conference room...

Court's door always open for students: CJ

FE REPORT | 2024-07-12 00:00:00

Chief Justice (CJ) Obaidul Hassan on Thursday said the door of the court is always open for the students, who are now continuing movement against the quota system in the government jobs. During proceedings of the Supreme Court, the CJ,...

Legal steps, if anyone creates public sufferings

FE REPORT | 2024-07-12 00:00:00

Dhaka Metropolitan Police (DMP) warned of taking legal actions, if anyone tries to block roads and create public sufferings."Police will take legal actions, if anyone tries to seize roads in the name of blockade programme (students' movement against quota) and...

Quota protestors crossing the line: Home minister

2024-07-12 00:00:00

Home Minister Asaduzzaman Khan on Thursday said students continuing their anti-quota protests are crossing the line. He made the remark during a press conference at the Secretariat, held in observance of the International Day Against Drug Abuse and Illicit Trafficking,...

Actions if officials appointed thru' leaked PSC questions

2024-07-12 00:00:00

Public Administration Minister Farhad Hossain on Thursday said legal actions would be taken against any officials proven to have been appointed through leaked questions from the Public Service Commission (PSC), reports UNB.He made the statement during a press briefing at...

BCL urges students to return to classrooms

2024-07-12 00:00:00

Bangladesh Chhatra League (BCL) has called on students protesting the quota system in government jobs to await the court's decision and return to their classrooms, reports UNB.BCL expressed its stance on the ongoing anti-quota movement at a press conference held...

Stop movements, don’t create public sufferings

2024-07-12 00:00:00

Awami League (AL) General Secretary Obaidul Quader has urged the students demonstrating for for scrapping the quota system in government service to go back to their respective educational institutions, stopping their movement that creates huge public sufferings, reports BSS.The government...

Govt creating back-to-back issues to conceal its misdeeds: Rizvi

FE REPORT | 2024-07-12 00:00:00

Bangladesh Nationalist Party (BNP) alleged on Thursday that the government was creating issues one after another just to cover up its misdeeds.Senior joint secretary general of BNP Ruhul Kabir Rizvi made the allegation at a press briefing arranged at the...

Obaidul Quader greets Prime Minister Sheikh Hasina with a bouquet -

2024-07-12 00:00:00

Awami League General Secretary Obaidul Quader greets Prime Minister Sheikh Hasina with a bouquet on her arrival at the Hazrat Shahjalal International Airport in the capital on Thursday after the three-day visit to China. — PID

Bank of France hopes political gridlock clears by Sept

2024-07-12 00:00:00

PARIS (Reuters): Bank of France Governor François Villeroy de Galhau said on Thursday he hoped the country's political gridlock would be resolved by September, when parliament must vote on the budget of the euro zone's second-largest economy. Last Sunday's parliamentary...

10 banks, three instts 'sustainable' in BD

FE REPORT | 2024-07-12 00:00:00

Some 10 private commercial banks and three financial institutions have been rated as sustainable financial institutions in Bangladesh.According to the Bangladesh Bank's sustainable report 2023, the 10 top banks are BRAC Bank, City Bank, Eastern Bank, Exim Bank, Jamuna Bank,...

Landslide alerts issued as Met Office forecasts heavy rains in 5 divisions

2024-07-12 00:00:00

The Bangladesh Meteorological Department has predicted heavy rains for three days in the country's five divisions at the end of Ashar, the first month of monsoon in the Bangla calendar, under the influence of an active monsoon trough, reports bdnews24.com.In...

'Transfer of Development Rights' to be introduced to protect agri lands

2024-07-12 00:00:00

The Government of Bangladesh has launched the 'Transfer of Development Right (TDR)' initiative, similar to those in developed countries, to safeguard agricultural lands, three-crop fields, and reservoirs outlined in the Detailed Area Plan (DAP) (2022-2035).Under the TDR system, landowners of...

H1 MPS goes online July 18 due to journos’ boycott

2024-07-12 00:00:00

In a shift from tradition, Bangladesh Bank has decided to publish its monetary policy statement (MPS) online to avoid potential boycotts by economic reporters.Traditionally, the central bank has held press conferences where mainstream media reporters and senior journalists gather to...

ACC endorses charge sheet against Litu

FE REPORT | 2024-07-12 00:00:00

The Anti-Corruption Commission (ACC) has approved the charge sheet against Abul Khair Litu, chairman of Bengal Group Limited, for acquiring assets worth over Tk 900 million illegally.ACC deputy director Md Kamruzzaman, who is also the investigative office of the case,...

NBR set to adopt Customs Strategic Plan 2024-28

FE REPORT | 2024-07-12 00:00:00

The National Board of Revenue (NBR) is set to adopt a 'Customs Strategic Plan 2024-2028' to modernise customs procedures, streamline cross-border trading, and enhance revenue collection. Publication of the policy paper in this regard is expected to be completed by...

Project cost set to go up substantially

MUNIMA SULTANA | 2024-07-12 00:00:00

The cost of Khulna-Darshana double-track rail line, an important project to strengthen regional connectivity, is set to go up by around Tk 20 billion from the initial estimate.The expenditure is now estimated to be Tk 55 billion as the feasibility...

Commoners battered as rice, lentil, onion get pricier again

FE REPORT | 2024-07-12 00:00:00

Prices of rice, lentils, onions, garlic and ginger increased once again last week, battering the commoners further.Rice witnessed Tk2.0-3.0 hike in price per kg in the wholesale and retail levels as coarse varieties of rice sold at Tk52-55 each kg,...

Prayer Timings (2024-07-12)

2024-07-12 00:00:00

Seize all assets of Matiur: Court

FE REPORT | 2024-07-12 00:00:00

A Dhaka court on Thursday ordered the authorities concerned to confiscate all moveable and immoveable assets of former NBR official Matiur Rahman and his family members on charges of corruption.Mohammad Ash-Shams Joglul Hossain, judge of the Metropolitan Senior Special Judge's...

Summit LNG Terminal reaches Moheshkhali

M AZIZUR RAHMAN | 2024-07-12 00:00:00

Summit LNG Terminal reached Moheshkhali mooring facility on Wednesday night following the fixing of the damage done during the recent cyclone Remal."The floating, storage and regasification unit (FSRU) will resume liquefied natural gas (LNG) regasification next week," Summit Corporation Managing...

Crawling-peg system gradually pulling up forex market

JASIM UDDIN HAROON | 2024-07-12 00:00:00

Interbank foreign-exchange turnover that declined nearly 9.0 per cent during the first nine months of the last fiscal, year on year, is on a recovery path following the introduction of the crawling-peg system.The forex turnover during July-March period of FY...

Govt can revise quota, HC suggests

FE REPORT | 2024-07-12 00:00:00

In its full verdict on the contentious job quota system, the High Court has directed the government to maintain quota of all types in public service.At the same time, it has given an option to reform or revise the quota...

Protesters scale police cordons, continue demo for executive order

FE REPORT | 2024-07-12 00:00:00

Sporadic clashes between cops and quota protesters occurred in different places as the demonstrators Thursday scaled police cordons to continue street squatting to press for an executive order recasting the quota system in government recruitment. Several protesters were injured during...

Bangladesh-China 'comprehensive strategic partnership' promised

FE REPORT | 2024-07-12 00:00:00

Bangladesh and China have decided to elevate bilateral ties to "comprehensive strategic cooperative partnership", says a joint statement issued Thursday on agreed points reached during Prime Minister Sheikh Hasina's Beijing trip.At the invitation of Chinese premier Li Qiang, Sheikh Hasina...

Initial revision finds $20b lesser earnings in two fiscals

MONIRA MUNNI | 2024-07-12 00:00:00

Around US$20-billion shortfall in Bangladesh's export proceeds for last two fiscal years has been detected initially as the Export Promotion Bureau started a recheck of shipments following a miscalculation row, sources said.Following the finding of the faux pas in export...

Most major Gulf markets steady ahead of US inflation test

2024-07-12 00:00:00

Most major stock markets in the Gulf were little changed in early trade on Thursday, while the Saudi market was slightly lower, as traders counted down to US data later in the day that is expected to show inflation easing...

AI frenzy takes Taiwan's TSMC to record peak, puts it in trillion dollar club

2024-07-12 00:00:00

SINGAPORE, July 11 (Reuters): Taiwan's TSMC scaled a record high on Thursday after posting strong second-quarter revenue on booming demand for AI applications, cementing its position as Asia's most valuable company.TSMC also topped a trillion dollar market value this week.The...