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Graft can't be curbed thru' flexibility: HC

FE REPORT | 2023-05-03 00:00:00

The High Court (HC) observed that corruption cannot be stopped by showing flexibility, and the anti-graft body has to take a hard line to curb corruption. Quoting a Nobel laureate, the HC also observed that the South Asian countries show...

Rajuk recovers 26,777 clients' lost documents

FE REPORT | 2023-05-03 00:00:00

The Rajdhani Unnayan Kartripakkha (Rajuk) informed the High Court on Tuesday that it already recovered lost documents of a total of 26,777 clients out of 30,000 on permission for construction of buildings. Lawyer Imam Hasan on behalf of the Rajuk...

CPA pleads taking prompter delivery

FE REPORT | 2023-05-03 00:00:00

The Chattogram Port Authority (CPA) has urged the parties concerned to quickly take delivery of containerised cargoes lying undelivered to ensure a smooth supply chain of goods and commodities.The CPA in a letter, issued on Tuesday, said at least 42,608...

Evacuation from Sudan starts with 650 transferred

FE REPORT | 2023-05-03 00:00:00

The government started evacuating stranded Bangladeshi expatriates from Sudan on Tuesday with shifting of 650 Bangladeshis to the Port of Sudan by bus."Seven buses carrying 400 Bangladeshis started for the Port of Sudan in the morning, then another four buses...

Govt to revisit trade negotiation structure before LDC graduation

SYFUL ISLAM | 2023-05-03 00:00:00

The government is going to revisit the existing trade-negotiation structure ahead of graduation from the poor-country club for ensuring efficient and time-bound agreements with other countries, officials said.The planned review aims to strengthen the country's negotiation capacity to successfully face...

DSA in BD much better than other countries: PM

2023-05-03 00:00:00

Prime Minister Sheikh Hasina has said that the Digital Security Act in Bangladesh is much simpler than the similar laws in other civilised countries, including the United States, reports UNB."Our law is simpler than in other countries," she told Voice...

Scrap DSA or keep journalists out of its purview

FE REPORT | 2023-05-03 00:00:00

The Editors' Council, a representative organisation of newspaper editors, has demanded of the government to scrap the Digital Security Act (DSA) to ensure press freedom in the country.If scrapping is not possible, the government could insert a clause into the...

Sheikh Hasina presents Padma Bridge painting to WB president

2023-05-03 00:00:00

Washington, May 2 (UNB): Visiting Bangladesh Prime Minister Sheikh Hasina has presented a painting on Padma Multipurpose Bridge to the World Bank president David Malpass.She handed over the painting after her informal interaction with the bank's Board of Executive Directors...

Briefing 2023-05-03

2023-05-03 00:00:00

Most IT firms' profit leaps to double-digit growth in Jan-Mar on rising demand Most information technology (IT) companies posted double-digit profit growth in the third quarter ended in March as the demand for related services increased both in the local...

Prayer Timings (2023-05-03)

2023-05-03 00:00:00

Jobless up in 1st quarter

FE REPORT | 2023-05-03 00:00:00

Unemployment in Bangladesh increased slightly in the first quarter (Q1) of 2023, due mainly to a fall in agricultural employment, the government's Labour Force Survey (LFS) data showed on Tuesday.The number of unemployed people increased by 0.27 million to 2.59...

LPG prices up by 4.8pc for May

FE REPORT | 2023-05-03 00:00:00

Bangladesh Energy Regulatory Commission (BERC) on Tuesday raised the prices of liquefied petroleum gas (LPG) by nearly 4.84 per cent for May trading.The country's private operators would now charge Tk 1,235 per 12kg cylinder, up by Tk 57 from April's...

Falling remittances push reserves below $31b

JUBAIR HASAN | 2023-05-03 00:00:00

The country's foreign-currency reserves dropped below US$ 31 billion due to a significant fall in inward remittance flow in April, according to central bank officials. This fall in forex reserves has led to uncertainty in meeting the net reserve-threshold target...

Refiners seek to up soybean oil price by Tk 18 per litre

REZAUL KARIM and YASIR WARDAD | 2023-05-03 00:00:00

Citing the expiration of a VAT cut, edible oil refiners want to increase the price of bottled soybean oil by Tk 18 to Tk 205 per litre from today (Wednesday) - at a time when the global prices declined to...

Lender for CPI recast, quarterly GDP stats

FE REPORT | 2023-05-03 00:00:00

Government's statistical agency jumpstarts updating work as the International Monetary Fund suggests recasting the consumer price index (CPI) and calculating quarterly GDP data under its lending terms, officials said.In response to the IMF suggestions, the Bangladesh Bureau of Statistics agreed...

Growth targets can be met with right policies: WB chief

2023-05-03 00:00:00

As a long-standing partner, World Bank Group President David Malpass has said that they will support Bangladesh as it navigates a challenging global environment on its way to reaching upper-middle-income status by 2031, reports UNB."I am confident that with the...

WB to provide $2.25b for five BD projects

FE REPORT | 2023-05-03 00:00:00

The World Bank will provide Bangladesh with loans worth US$2.25 billion to finance the growth, regional connectivity, and disaster preparedness programmes.The financing agreements were signed on five projects during the celebration of 50 years of 'strong partnership' between the World...

Dollar price hiked higher in one go now

FE REPORT | 2023-05-03 00:00:00

Now the US dollar becomes dearer as Bangladesh Bank Tuesday raised the regulatory exchange rate by Tk 1.50 to Tk 104.50 in a readjustment process falling in line with a recommendation.Economists say costlier trading currency may mean costlier imports and...

Weather (2023-05-03)

2023-05-03 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at a few places over Mymensingh and Sylhet divisions and at one or two places over Rangpur, Rajshahi, Dhaka, Khulna, Barishal and Chattogram divisions with hails at isolated places...

Senior journo Quamrul Islam Chy passes away

2023-05-03 00:00:00

Senior journalist and former news editor of national news agency BSS Quamrul Islam Chowdhury died of liver ailments at a city hospital on Tuesday, reports BSS. He was 63."He breathed his last at Bangabandhu Sheikh Mujib Medical University (BSMMU) at...

Eid time road crashes kill 285: RSF

FE REPORT | 2023-05-03 00:00:00

At least 285 people were killed in 240 road accidents across the country during Eid-ul-Fitr journey this year.Apart from these, at least 454 others were injured (the number could be much higher as reported) in the 14 days before and...

Report in DSA case filed by Taposh's PA on June 6

2023-05-03 00:00:00

A Dhaka court on Tuesday set June 6 for submitting probe report in a case filed under Digital Security Act (DSA) for posting and sharing false information based video about Dhaka South City Corporation (DSCC) Mayor Sheikh Fazle Noor Taposh,...

BNP demands withdrawal of all cases under DSA

2023-05-03 00:00:00

BNP standing committee has demanded immediate repeal of the Digital Security Act (DSA) and withdrawal of all cases filed under it as it thinks the 'notorious law' is the main obstruction to freedom of expression of the people of Bangladesh,...

EC asks DCs, police to enforce electoral code in city polls

2023-05-03 00:00:00

The Election Commission (EC) has directed the metropolitan police commissioners and district administrations concerned to ensure proper implementation and enforcement of the electoral code of conduct in the upcoming elections to Khulna, Barishal, Rajshahi and Sylhet city corporations, reports BSS.The...

AL urges all to remain alert about violence to obstruct city polls

2023-05-03 00:00:00

Awami League (AL) Presidium Member Mofazzal Hossain Chowdhury Maya, Bir Bikram, Tuesday said that all have been asked to remain vigilant so that none can obstruct city corporation polls through violence, reports BSS."Holding city corporation polls ahead of the parliament...

Fakhrul smells conspiracy in ministers' comments on Khaleda's health

2023-05-03 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir believes recent statements by members of the cabinet on Khaleda Zia's illness may be part of 'propaganda' to pave the way to putting her back in jail, reports UNB. The BNP secretary general...

Romo Rouf Chowdhury re-elected as Bank Asia chairman

FE DESK | 2023-05-03 00:00:00

Romo Rouf Chowdhury has been re-elected as chairman of Bank Asia Limited on Sunday.Mr. Chowdhury is one of the sponsor shareholders as well as sponsor directors of Bank Asia. He is a graduate in engineering from Durham University, United Kingdom....

Most IT firms' profit leaps to double-digit growth in Jan-Mar on rising demand

BABUL BARMAN | 2023-05-03 00:00:00

Most information technology (IT) companies posted double-digit profit growth in the third quarter ended in March as the demand for related services increased both in the local and global markets.Of the 10 IT firms that disclosed quarterly earnings until now,...

Nazrul Islam joins BGIC as AMD

2023-05-03 00:00:00

Md Nazrul Islam has joined Bangladesh General Insurance Company Ltd. (BGIC) as Additional Managing Director (AMD) recently, says a press release. Before joining the BGIC, he served Sadharan Bima Corporation as Deputy General Manager. He is an expert in underwriting,...

MTB Foundation focuses on disability inclusion

2023-05-03 00:00:00

With a view to building the capacity of people with disabilities and making society more inclusive for all individuals, MTB Foundation organised the second session regarding the 'Sensitization on Disability Inclusion' programme at the Mutual Trust Bank Limited (MTB) in...