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Why nurturing power-sector white elephants?

2023-09-09 00:00:00

Looking at the total power generation capacity of the country's power sector, both of the state-run and the privately operated power plants, one would like to be impressed. A recent report says, on Tuesday (September 5) the power sector's daily...

Human resource development through infrastructure

M Rokonuzzaman | 2023-09-09 00:00:00

Our conventional belief has been that academic institutions would develop human resources, and government and industry would be readily using them for infrastructure development and other purposes. If the needed human resource is not locally available to get state-of-the-art infrastructure,...

Dengue: Guatemalan, Bangladeshi responses

Zahid Huq | 2023-09-08 12:00:00

Guatemalan health minister Francisco Coma on August 31 last declared a national health emergency in the face of a dengue outbreak that has claimed 22 lives and infected over 12,000 persons in his country this year. The emergency will be...

IMF, World Bank pledge greater climate collaboration at G20

2023-09-08 00:00:00

WASHINGTON, Sept 7 (AFP): The leaders of the International Monetary Fund and World Bank announced Thursday that the two institutions will collaborate more closely to tackle the "existential threat" posed by climate change."Climate change is a threat to global peace,...

NBR moves to cut taxes on land, flat registration

DOULOT AKTER MALA | 2023-09-08 00:00:00

Tax authorities have moved to reduce the land-and-flat registration taxes following a sharp slide of its revenue collection from this major contributing sector. The National Board of Revenue (NBR) has found that land and flat owners have refrained themselves from...

Thrust on taking tough action against illegal forex transactions

FE REPORT | 2023-09-08 00:00:00

A high-profile meeting on Thursday suggested taking tough action against illegal hundi, online gambling, betting, forex, and crypto currency trading as they have been impacting the economy adversely.It also stressed the need for greater coordination among the agencies like mobile...

Hike in bank interest rates likely

FE REPORT | 2023-09-08 00:00:00

Prime Minister's Private Industry and Investment Adviser Salman F Rahman hinted at the possibility of increase in the bank interest rates in the coming days as such rates have already gone up globally.He, however, said the interest rates in Bangladesh...

Spot LNG, fertiliser import proposals approved

FE REPORT | 2023-09-08 00:00:00

The cabinet committee on government purchase at its meeting on Thursday approved procurement of two cargoes of liquefied natural gas (LNG) from the international spot market.Finance Minister AHM Mustafa Kamal chaired the virtual meeting that approved state-owned Petrobangla's proposal to...

Let's build Smart Bangladesh together irrespective of caste, religion, says PM

2023-09-08 00:00:00

Prime Minister Sheikh Hasina Thursday asked all irrespective of caste, creed and religion to work together to build a developed, prosperous and Smart Bangladesh by 2041, report agencies."We, Hindu, Muslim, Bouddha and Christian will work shoulder to shoulder to take...

With 7.8pc growth RMG exports to US bounce back in July

MONIRA MUNNI | 2023-09-08 00:00:00

Readymade garment (RMG) exports to the country's single-largest destination -- the United States -- bounced back into positive growth in July 2023 after months of fall since January.Though exports during the first seven months of 2023 (January to July) sustained...

Briefing 2023-09-08

2023-09-08 00:00:00

Prayer Timings (2023-09-08)

2023-09-08 00:00:00

Dengue deaths near 700 with Thursday's 20

2023-09-08 00:00:00

The number of dengue fatalities in Bangladesh is nearing 700, reports news agency UNB based on the tally of the Directorate General of Health Services (DGHS).With 20 more deaths from dengue in the past 24 hours as of Thursday morning,...

Private credit plummets amid inflation-induced austerity

JUBAIR HASAN | 2023-09-08 00:00:00

Formal credit flow into private sector continues shrinking amid central bank's fist tightening to fight inflation through curtailing import with costly dollar, sources say.Officials and bankers say private businesses also seem to be reluctant in taking funds from the banks...

Lavrov lauds BD's independent policy amid pressure from West

FE REPORT | 2023-09-08 00:00:00

Visiting Russian Foreign Minister Sergei Lavrov on Thursday lauded Bangladesh for maintaining a foreign policy in line with its national interests "despite pressures from the USA and the West"."We appreciate the fact that despite the pressure exerted upon Bangladesh by...

BD concerned over OHCHR statement

2023-09-08 00:00:00

The government has noted with deep concern that the High Commissioner for Human Rights and his office have taken an attempt to influence the outcome of the judicial process, saying: "these cases also represent an important test for the independence...

Currency swap among three accords likely

FE REPORT | 2023-09-08 00:00:00

An MoU on strengthening network-to-network connections between Bangladesh Bank and the National Payments Corporation of India may be signed during Prime Minister Sheikh Hasina's Delhi visit, to facilitate currency swap amid dollar dilemmas. This memorandum of understanding (MoU) -- among...

Padma Bridge rail link trial run successful

MUNIMA SULTANA | 2023-09-08 00:00:00

The first trial run of a train between Dhaka's Kamalapur station and Faridpur's Bhanga station across the Padma Bridge was successfully completed on Thursday.The train, which featured eight new coaches and a new engine, completed the journey in two hours...

Liquidity hardship haunts once-affluent Islamic banks

JASIM UDDIN HAROON | 2023-09-08 00:00:00

Liquidity hardship haunts once-affluent Islamic banks in Bangladesh principally for directed lending of king's ransom apart from adversities in global ill time, sources say. According to Bangladesh Bank's latest report, the excess liquidity of the country's Islamic banking system dropped...

Weather (2023-09-08)

2023-09-08 00:00:00

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

Sixth death anniv of Shaafi Hossain Chisty today

2023-09-08 00:00:00

Today (Friday) is the sixth death anniversary of Shaafi Hossain Chisty Yousha, says a statement.Shaafi was the only son of Sajjad Hossain Chisty, a journalist.Quran Khwani, prayer sessions have been arranged at Rampura in the city and in his village...

Rickshaw-puller dies as tree falls on him at TSC

2023-09-08 00:00:00

A rickshaw puller died as a tree fell on him in front of TSC on Dhaka University campus on Thursday, reports UNB.The deceased Shariful Islam, 40, hailed from Sherpur district. Two or three students who were standing near the tree...

Bill placed in JS to extend tenure of BSMMU VC, pro-VC and treasurer

2023-09-08 00:00:00

The Bangabandhu Sheikh Mujib Medical University (Amendment) Bill, 2023 was placed in Parliament on Thursday in a bid to extend the tenure of vice chancellor, pro-vice chancellor and treasurer to four years, reports UNB.Health Minister Zahid Maleque placed the Bill...

'Next Business Leader MTO'

2023-09-08 00:00:00

Career and Placement Centre of North South University organised a road show named 'Next Business Leader MTO' on the university's city campus in collaboration with Grameenphone Limited on Thursday. NSU students participated in the programme

Major General AKM Nazmul Hasan speaking at the inauguration of E-Recruitment Software

2023-09-08 00:00:00

Border Guard Bangladesh (BGB) Director General Major General AKM Nazmul Hasan speaking at the inauguration of E-Recruitment Software at its headquarters in the city on Thursday — BGB Photo

Bangladeshi cattle trader shot dead by 'BSF'

2023-09-08 00:00:00

PANCHAGARH, Sep 07 (UNB): A Bangladeshi cattle trader was shot dead allegedly by the Indian Border Security Force (BSF) along Mominpara border in Panchagarh sadar upazila early Thursday.Nuruzzaman alias Nur Alam, 33, was son of Abdul Zabbar of Bokshigonj village...

Find durable solution to Rohingya crisis

2023-09-08 00:00:00

JAKARTA, Indonesia, Sept 07 (UNB): President Mohammed Shahabuddin on Thursday called upon the international community to urgently find a durable solution to the Rohingya crisis to commence their safe, voluntary and sustainable repatriation as shortage of humanitarian support may put...

WB to give BD $300m for investing in ECD

FHM HUMAYAN KABIR | 2023-09-08 00:00:00

The World Bank (WB) has assured Bangladesh of providing some US$300 million worth of financial support to enhance human capital formation through investing in early childhood development (ECD), officials said on Thursday.The Washington-based donor has already given green signal to...

Verdict in DSA case against Adilur, Elan deferred to Sept 14

2023-09-08 00:00:00

A Dhaka court on Thursday fixed September 14 for delivering the verdict in a case filed against rights body Odhikar's Secretary Adilur Rahman Khan and director Nasiruddin Elan for publishing a report about the death toll in clashes between police...

Three Sramik League men stabbed

2023-09-08 00:00:00

NATORE, Sept. 07 (UNB): Three activists of Sramik League were stabbed reportedly over intra-party feud in Natore town on Thursday.Witnesses said, a group of youths entered the Sramik League office in Chakbaiddanath area of the town around 2 pm and...