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Indictment hearing in Khaleda's Gatco graft case on Aug 11

2024-07-11 00:00:00

A Dhaka court has fixed August 11 for hearing on charge framing in the Gatco graft case against BNP chairperson Khaleda Zia and 14 others, reports BSS.Judge Ali Hossain of the Dhaka Special Judge Court -3 passed the order on...

Man arrested for threatening to kill Barrister Sumon

2024-07-11 00:00:00

Police have arrested Sohag Mia, who threatened to kill Barrister Syed Sayedul Haque Sumon, member of parliament from Habiganj-4 constituency, reports UNB.Akhtar Hossain, Superintendent of Police of Habiganj, shared this information during a press briefing on Wednesday afternoon.Sohag Mia (32),...

Tulip appointed Economic Secy to Treasury

2024-07-11 00:00:00

Tulip Siddiq, elected an MP for the fourth time in the UK's recent general election, has been appointed as Economic Secretary to the Treasury and City Minister by Keir Starmer, the new prime minister, reports UNB."Our financial services industry is...

BNP questions intel’s role over BPSC question leak

FE REPORT | 2024-07-11 00:00:00

Bangladesh Nationalist Party (BNP) raised on Wednesday the question of role of the intelligence agencies over the leak of question papers of Bangladesh Public Service Commission (BPSC) recruitment examinations for government jobs. The party also put a question whether the...

Quader urges students to return to classrooms

2024-07-11 00:00:00

Awami League (AL) General Secretary Obaidul Quader has urged the agitating students to return to their classrooms, saying the apex court will give a 'realistic decision' over the quota system in government jobs, report agencies.He made the urge while speaking...

Flood situation improving in Sylhet

2024-07-11 00:00:00

SYLHET, Jul 9 (UNB): The overall flood situation in Sylhet has improved further but till now around 400,000 people are marooned due to flooding across the district.Among them, 9,635 people took refuge in 651 shelter centres in different parts of...

Five burnt as microbus catches fire in N’ganj

2024-07-11 00:00:00

Five people sustained burn injuries as a microbus carrying them caught fire after hitting a road divider in Meghna toll plaza area on Dhaka-Chattogram Highway in Narayanganj's Sonargaon upazila on Wednesday.The identities of the victims could not be known immediately,...

17 single-use plastic items categorised hazardous

FE REPORT | 2024-07-11 00:00:00

The government has categorised 17 hazardous 'single-use-plastics' to phase those out from the environment.According to a recent circular, issued by the Ministry of Environment, Forest and Climate Change, the products include cigarette filter, fast food wrap, plastic bottle and its...

Metro stations see mad rush of passengers

FE REPORT | 2024-07-11 00:00:00

All metro rail stations witnessed on Wednesday a mad rush of passengers due to the ongoing blockade action by students demanding the repeal of the quota system in government jobs.Long queues of passengers were seen stretching out from station buildings...

Days of manual savings tools go in online age

ARAFAT ARA | 2024-07-11 00:00:00

The manual savings certificates finally called it a day through the phase-out of the regime as all physical state-managed savings tools matured last month.According to the Department of National Savings (DNS), all offline or manually handled savings instruments went to...

Billion 10, EB Solutions secure $280m Chinese investment

FE REPORT | 2024-07-11 00:00:00

During Prime Minister Sheikh Hasina's official visit to China, Billion 10 Communications Limited and EB Solutions Limited signed six agreements, securing US$280 million in investment for Bangladesh.These investments target sectors like electric vehicles (EV) and renewable energy, strengthening economic ties...

Students and job aspirants gather at key points in the capital to protest

2024-07-11 00:00:00

Students and job aspirants gather at key points in the capital to protest against the reinstatement of the quota system in public recruitment, blocking vehicular movement on Wednesday. The nationwide blockade, named 'Bangla Blockade', paralyses Dhaka traffic, leaving women, children...

Briefing 2024-07-11

2024-07-11 00:00:00

Prayer Timings (2024-07-11)

2024-07-11 00:00:00

Gas supply system suffers fresh setback

M AZIZUR RAHMAN | 2024-07-11 00:00:00

A major pipeline dedicated to carry RLNG from Moheshkhali Island was damaged Tuesday afternoon, intensifying the gas supply shortage in most parts of the country.Immediately after the incident, the authorities concerned had to squeeze re-gasification of liquefied natural gas (LNG)...

Inflated container info confounds trade situation

SYFUL ISLAM | 2024-07-11 00:00:00

A row over export-data mismatch is now followed by allegation that inflated data on container-handling performance have long been produced under the Chittagong Port Authority (CPA) domain, sources said. Such alleged prime-port miscalculation of container handling only adds credence to...

Reserves fall to $20.46b after ACU payment

FE REPORT | 2024-07-11 00:00:00

The country's foreign exchange reserves fell to US$20.46 billion on Wednesday after a payment of US$1.42 billion to the Asian Clearing Union (ACU) for the May-June period.The information was posted in a WhatsApp group for journalists on Wednesday by Bangladesh...

Quota demo to continue despite SC status quo

FE REPORT | 2024-07-11 00:00:00

Commuters suffered abjectly as city transport virtually came to halt Wednesday under countrywide 'Bangla Blockade' enforced by students to press for a recast of quota in government recruitment, and they vowed to continue the protests. An apex-court order of "status...

Hasina-Xi meet bolsters bilateral ties

FE DESK | 2024-07-11 00:00:00

Beijing offered concessional development funding as Bangladesh and China Wednesday signed 21 cooperation documents, mostly MoUs, aiming to consolidate development and economic cooperation between the two Asian countries.Capping talks during Prime Minister Sheikh Hasina's visit, the two countries also announced...

Billionaire investor Ackman kicks off fundraising for new US fund

2024-07-11 00:00:00

Hedge fund manager Bill Ackman kicked off fundraising for a new US-listed closed-end fund on Tuesday, an effort people familiar with the matter say could bring in as much as $20 billion, more than double his assets under management, some...

Labour faces low bar in re-attracting foreign funds

2024-07-11 00:00:00

LONDON, July 10 (Reuters): The remarkable thing about investor reaction to the UK's new Labour government is how much just a modicum of stability, consistency and competence is being richly applauded.With exposure to British assets at such a low ebb...

Is France governable? The budget is an early test

2024-07-11 00:00:00

Just a couple of weeks ago, France was under scrutiny over how it would plug the holes in its budget. Now the issue is whether the euro area's second largest economy can muster a budget at all, reports Reuters.What France...

India boosts Russian grain imports

2024-07-11 00:00:00

MOSCOW, July 10 (Reuters): India increased its imports of Russian grain and grain products 22 fold, well above other major importers, in the 2023/24 agricultural season, according to data released during Prime Minister Narendra Modi's visit to Moscow.Economic cooperation between...

UK govt puts wealth fund at heart of investment push

2024-07-11 00:00:00

LONDON, July 10 (Reuters): Britain's new government took a first step on Tuesday to boost public and private investment and modernise the economy, placing a National Wealth Fund atop the existing state-owned agencies and freeing up money for immediate use.Prime...

Walton showroom opens in Joypurhat

2024-07-11 00:00:00

Apon Enterprise, an exclusive distributor showroom of Walton, has been inaugurated at Akkelpur in Joypurhat. All kinds of Walton brand's electrical, electronics and digital devices, and home and kitchen appliances are available in the showroom. On the occasion, Apon Enterprise...

STANDARD BANK ARRANGES TRAINING

2024-07-11 00:00:00

Shari'ah-based Standard Bank organised a two-day training on 'Investment Operations & Management' for the Investment Desk officials of the bank. Mohammad Mohon Miah, Managing Director & CEO (acting), inaugurated the training as the chief guest at the bank's Learning Center...

TAKAFUL ISLAMI INS INVESTMENT COMMITTEE MEETING

2024-07-11 00:00:00

The 3rd meeting of the Investment Committee of Takaful Islami Insurance Limited was held in Dhaka on Tuesday. Chairman of the committee Engr. Khandaker Mesbahuddin Ahmed presided over the meeting attended by committee members Tahmina Afroz, Jahirul Islam, Shahanaz Parvin...

Rupali Bank signs MoU with National Pension Authority

2024-07-11 00:00:00

Rupali Bank signed a Memorandum of Understanding (MoU) with National Pension Authority (NPA) to implement Universal Pension Scheme. NPA Chairman and Finance Division's Additional Secretary Kabirul Yazdani Khan and the bank's Managing Director & CEO Mohammad Jahangir inked the agreement...

FOUR-DAY THAI TRADE SHOW KICKS OFF IN CITY

2024-07-11 00:00:00

Industries Minister Nurul Majid Mahmud Humayun visits a stall at a trade fair titled 'Top Thai Brands 2024' after its inaugural ceremony at Pan Pacific Sonargaon Dhaka on Wednesday. The Royal Thai Embassy and Thai Trade Centre organised the four-day...

South Indian Food Fest in city

2024-07-11 00:00:00

Marriott International's Renaissance Dhaka Gulshan Hotel has been hosting a South Indian Food Fest at the Bahar Multicuisine Restaurant, says a press release.The festival that began July 3 will run through July 13. This festival features an exquisite culinary journey...