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Supplementary charge-sheet filed against Tarique

2024-01-18 00:00:00

Detective branch (DB) of police on Wednesday filed a supplementary charge-sheet against BNP acting chairman Tarique Rahman in a case filed under now replaced Digital Security Act (DSA) for declaring his father Ziaur Rahman as father of the nation, reports...

HC raps Nur over derogatory remarks about judiciary

2024-01-18 00:00:00

The High Court has warned Nurul Haque Nur, president of the Gono Odhikar Parishad, that misleading the public through derogatory remarks about the judiciary could lead to the 'breakdown' of the country's justice system, reports bdnews24.com.The bench of Justice JBM...

Reduce litigants' sufferings thru quick justice: Anisul

2024-01-18 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Huq has called for swift justice delivery to alleviate sufferings of the people, reports UNB.He conveyed this message when female deputy attorney generals (DAGs) and assistant attorney generals (AAGs) met him at his...

How new MPs took oath with 11th parliament still in force

2024-01-18 00:00:00

BNP Chairperson's Advisory Council member Zainul Abdin Farooque on Wednesday questioned the legitimacy of having 600 members of Parliament in the 300 seats of the Jatiya Sangsad (JS), reports UNB.Speaking at a human chain programme, he also said the country's...

Ruhul Kabir Rizvi talking to the media at a press briefing

2024-01-18 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi talking to the media at a press briefing at the party's Nayapaltan headquarters in the city on Wednesday — Focus Bangla

Hasina introduces process of fair elections: Quader

2024-01-18 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Wednesday said Prime Minister Sheikh Hasina has introduced the process of holding free and fair elections in the country, reports BSS."In this (general) election, we saw that the candidature of a ruling...

Gas crisis, Dhaka residents are turning to alternative solutions

2024-01-18 00:00:00

With a worsening gas crisis this winter, Dhaka residents are turning to alternative solutions. At Baitul Mukkarram Market on Wednesday, crowds throng electronics stores to buy electric induction or infrared stoves to replace gas cookers. — FE Photo by KAZ...

Malaysia to review migrant labour deals

2024-01-18 00:00:00

KUALA LUMPUR, Jan 17 (Reuters): Malaysia will review bilateral agreements with 15 nations from which it sources labourers in a bid to address exploitative practices and manpower imbalances that have left thousands of migrant workers stranded without jobs, officials said.Since...

Fakhrul, Khasru get bail in two cases

FE REPORT | 2024-01-18 00:00:00

BNP Secretary-General Mirza Fakhrul Islam Alamgir and its Standing Committee Member Amir Khasru Mahmud Chowdhury were granted bail on Wednesday in two cases filed with the Paltan Model Police Station over the political violence during the party's grand rally in...

BD wants 4,000MW power from Nepal

2024-01-18 00:00:00

Bangladesh is willing to buy more electricity from Nepal as the two countries work on finalising the 40 MW power deal, Bangladesh Ambassador to Nepal Salahuddin Noman Chowdhury said on Tuesday, according to a report by the Kathmandu Post in...

Summit to supply 1.5m tonnes of LNG per year for 15 years

2024-01-18 00:00:00

SINGAPORE, Jan 17 (Reuters): Bangladesh's Summit Group has signed a preliminary pact to supply 1.5 million tonnes of liquefied natural gas (LNG) per year to state-run Petrobangla for 15 years, starting from October 2026, its chairman, Aziz Khan, told Reuters.The...

Govt issues rice import warning to cool mkt

FE REPORT | 2024-01-18 00:00:00

The government has warned mill owners and traders of rice imports if they fail to bring down prices that have soared recently by Tk 5-6 per kg nationwide. Food Minister Sadhan Chandra Majumder issued the warning on Wednesday. During a...

It was one-sided, not free and participatory

FE REPORT | 2024-01-18 00:00:00

The recently concluded 12th parliamentary election was a one-sided event as the voting was not free and participatory, according to the Transparency International Bangladesh (TIB).Terming such a plotted election an ominous signal for the country's democracy and democratic election in...

Briefing 2024-01-18

2024-01-18 00:00:00

Prayer Timings (2024-01-18)

2024-01-18 00:00:00

US firm discovers vast energy reserve in Bay

FE REPORT | 2024-01-18 00:00:00

A US company has discovered a huge energy reserve in the Bay of Bengal, Foreign Minister Hasan Mahmud said on Wednesday following separate meetings with envoys Peter Haas of the US and Charles Whiteley of the European Union (EU).Extracting this...

Banks asked to keep LC margin low

FE REPORT | 2024-01-18 00:00:00

The central bank has instructed the banks concerned to keep LC (letter of credit) margin at a lower level under bank-client relation for import of eight essential items including edible oil, onion, gram, sugar and date to help ease their...

Ferry sinks with nine trucks in Padma

FE REPORT | 2024-01-18 00:00:00

A ferry sank with nine trucks on board in the Padma river at Paturia ferry terminal point under Manikganj district on Wednesday morning.The ferry, Rajanigandha, was anchored at jetty number 05 near the terminal due to dense fog, it was...

Graft tops stumbling blocks to doing business

FE REPORT | 2024-01-18 00:00:00

Graft tops the stumbling roadblocks to doing business in Bangladesh while "inefficient" bureaucracy and forex instability stand next in the way, a joint survey by CPD and a global economic forum shows. During the situational case study, businesses across the...

M&A likely for weaker banks: BB

FE REPORT | 2024-01-18 00:00:00

Mergers and acquisitions (M&A) may be in wait as a cure for comparatively weaker banks to strengthen their capital base, as they are deemed ridden with problems, according to a central bank plan. Bangladesh Bank Governor Abdur Rouf Talukder Wednesday...

Contractionary monetary policy to continue

JASIM UDDIN HAROON | 2024-01-18 00:00:00

Stubborn inflation induces contractionary monetary policy and pared-down GDP growth in Bangladesh for the second half of this fiscal year, prompting economists to take a critical view of the remedies outlined. The targeted annual gross domestic product (GDP) growth has...

Google lays off hundreds of staff in advertising sales team

2024-01-18 00:00:00

NEW YORK, Jan 17 (Reuters): Google is laying off hundreds of employees in its advertising sales team, the Alphabet-owned, opens new tab company said on Tuesday, marking the latest cuts at the search giant.The move adds to signs that job...

Asian Paints tops Q3 profit view on strong decorative business

2024-01-18 00:00:00

BENGALURU, Jan 17 (Reuters): India's top paintmaker Asian Paints, opens new tab reported a larger-than-expected rise in third-quarter profit on Wednesday, helped by strong sales in its mainstay decorative business.Consolidated net profit rose about 35 per cent to 14.48 billion...

Sadharon Bima Corporation greets Finance Minister

2024-01-18 00:00:00

Sadharon Bima Corporation has recently congratulated the newly-appointed Finance Minister Abul Hassan Mahmood Ali. Sadharon Bima Corporation Chairman Dulal Krishna Saha and Managing Director Md Harunur Rashid have greeted Finance Minister Abul Hasan Mahmud Ali with a bouquet in the...

EU states, lawmakers start talks to seal budget reforms

2024-01-18 00:00:00

STRASBOURG (France), Jan 17 (AFP): EU member states and lawmakers on Wednesday kicked off negotiations on long-awaited budget reforms aimed at loosening rules to encourage investment while keeping debt and spending under control.Finance ministers from the EU's 27 countries hammered...

Hong Kong stocks hammered after China growth data

2024-01-18 00:00:00

HONG KONG, Jan 17 (AFP): Hong Kong stocks tanked Wednesday on worries about China's economy after data showed it grew in 2023 at its slowest pace for more than three decades outside the pandemic years.The Hang Seng Index plunged 3.71...

Weak data, limited stimulus keep investors away from China

2024-01-18 00:00:00

SINGAPORE, Jan 17 (Reuters): China's patchy economic growth and a renewed slump in home sales have redoubled investors' resolve to steer clear of the country's markets, sending shares tumbling as foreigners quit in the absence of fresh policy support.Gross domestic...

Fund flows to Indian IT stocks set to rise on positive earnings surprise: Analysts

2024-01-18 00:00:00

BENGALURU, Jan 17 (Reuters): Fund flows into India's information technology stocks both from local and global investors are expected to rise gradually over the next two quarters, led by growing optimism for a soft landing of the US economy and...

World stocks hit by rate-cut push back, dollar shines

2024-01-18 00:00:00

LONDON, Jan 17 (Reuters): World stocks fell on Wednesday as markets grappled with a central bank push back against interest rate cut expectations and signs of a patchy economic recovery for China.The dollar rallied to a one-month peak, a day...

SCB team meets State Minister for Shipping

2024-01-18 00:00:00

A delegation of Shippers' Council of Bangladesh (SCB) led by its Chairman Md Rezaul Karim paid a courtesy call on State Minister for Shipping Khalid Mahmud Chowdhury at the latter's office in the city on Wednesday, said a press release....