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8-yr-old student dies as truck runs over him in Sylhet

2024-07-14 00:00:00

SYLHET, July 13 (UNB): An eight-year-old madrasa student died after being run over by a pickup truck in Gowainghat upazila of Sylhet on Saturday afternoon.Gowainghat Police Station Inspector (investigation) Mehedi Hasan Sumon confirmed the matter.The deceased, Zobayer Ahmed, was the...

Two die of suffocation in septic tank

2024-07-14 00:00:00

KUSHTIA, July 13 (UNB): Two people died of suffocation and another fell sick inside a septic tank at Daulatpur upazila of Kushtia on Saturday.Mahabubur Rahman, officer-in-charge of Daulatpur Police Station, confirmed the matter.The deceased were identified as Liton Hossain, 30,...

Gopalganj eyes bumper snake gourd yield

OUR CORRESPONDENT | 2024-07-14 00:00:00

GOPALGANJ, July 13: Snake gourd farming is gaining popularity among farmers under Sadar Upazila of the district as they are getting lucrative profit from the cultivation of the agri produce.A total of 40 acres of land have been brought into...

Woes mount as rainfall, runoff deluge vast areas

OUR CORRESPONDENT | 2024-07-14 00:00:00

RANGPUR, July 13: Flash floods triggered by heavy rainfall and water from the upstream have inundated vast areas in Gangachara and Kaunia upazilas of Rangpur district during last couple of weeks, multiplying sufferings of the local people. Several thousand families...

Robusta coffee gains 10pc this week

2024-07-14 00:00:00

NEW YORK, July 13 (Reuters): Robusta coffee futures on ICE closed up on Friday, just shy of a record high set on Thursday, gaining 10 per cent in the week amid lower exports from Vietnam and news of diminishing Brazil...

Gold ETFs saw second month of inflows

2024-07-14 00:00:00

LONDON, July 13 (Reuters): Global physically backed gold exchange traded funds (ETFs) saw the second consecutive month of inflows in June due to additions to holdings by Europe- and Asia-listed funds, the World Gold Council (WGC) said on Tuesday.Gold ETFs,...

Wheat futures slips to lowest since April as supply pressure persists

2024-07-14 00:00:00

PARIS, July 13 (Reuters): European wheat futures fell on Friday to their lowest since April, as widely followed US government forecasts underscored ample global supply including a bigger than expected US crop.September wheat on Euronext settled 1.5 per cent down...

Japan builds gas markets in Asia to boost LNG trading, energy security

2024-07-14 00:00:00

TOKYO, July 13 (Reuters): Japanese companies foreseeing a growing surplus in stocks of liquefied natural gas (LNG) as their demand for the fuel wanes in coming years, are scrambling to invest in regional markets to provide potential outlets to sell...

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...