Gold prices see sharp drop in domestic market

Gold prices in the domestic market saw a sharp drop with the newly revised rates announced by the Bangladesh Jewellers Association (BAJUS) on Tuesday.According to the new rates, the price of high-quality 22-carat gold has dropped by Tk 10,474, bringing...

LGED engineers, contractor sued on Tk 12.2m embezzlement charge

The Anti-Corruption Commission (ACC) has filed a case against three engineers of the Local Government Engineering Department (LGED) in Dhaka and a contractor for allegedly embezzling over Tk 12.2 million through 'forgery and abuse of official power'.The accused are Md...

Construction of 1.16-kilometre extension of metro rail

The construction of the 1.16-kilometre extension of the metro rail from Motijheel to Kamalapur is progressing rapidly. This segment, the final section of the Mass Rapid Transit (MRT) Line-6, is expected to be completed by the end of next year....

Cyclone Montha slams India's southern coast

NEW DELHI, Oct 28 (AFP): Heavy rain and gusty winds lashed India's southern coast as Cyclone Montha started to make landfall on Tuesday, officials said, disrupting flights and triggering waterlogging in low-lying areas.Cyclones, the equivalent of hurricanes in the North...

Court orders to attach 469 acres of land of S Alam

A court in Dhaka on Tuesday ordered to attach 469 acres of land in Gazipur and Cox's Bazar, owned by S Alam Group owner Mohammad Saiful Alam and persons associated with his interests.Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz...

Bond yields climb as banks hold back

Yields on two types of long-term treasury bonds rose sharply on Tuesday, as banks showed reluctance to invest their surplus funds in government securities in an effort to manage their portfolios more efficiently.According to auction results, the cut-off yield, effectively...

Power import payment rules relaxed

Bangladesh Bank (BB) has relaxed regulations governing power-import payments, allowing authorised dealer banks to make outward remittances for electricity purchases under government-approved cross-border arrangements without obtaining prior approval for each case from the central bank.In a circular issued on Tuesday...

Govt tightens spending control, bars extra budget allocations

The government has imposed a strict expenditure ceiling on all ministries and divisions as part of its ongoing austerity measures amid mounting fiscal pressures and slower revenue growth.According to a recent directive from the Ministry of Finance, total expenditure in...

US need not worry over BD-China ties, says adviser

Foreign Affairs Adviser Md Touhid Hossain said on Tuesday that there is no reason for the United States or any other country to be concerned about Bangladesh's balanced relationship with China.He made the remark while responding to a question at...

A2i project faces massive cost surge

The government's flagship Aspire-to-Innovate (a2i) project has run into major financial controversy after racking up deferred payments of Tk 3.0 billion in its data-preservation segment, twelve times the original allocation. Despite an initial provision of only Tk 250 million, the...

Experts foresee 'huge' problem with merger of five Islamic banks

Criticising the central bank's proposed merger of five problem-ridden Islamic banks, speakers at a roundtable discussion expressed the fear that the merged Sariah-based bank could become a huge burden for the government.Their fear comes in the backdrop of experience gained...

Prayer Timings (2025-10-29)

Govt suspends int'l flights at Cox's Bazar Airport

The Ministry of Civil Aviation and Tourism (MoCAT) has suspended all scheduled and non-scheduled international flights at Cox's Bazar Airport following a government directive.In a notification issued on Monday, the ministry said international flight operations at the airport will remain...

RMG leaders seek review of labour law amendments

Leaders of the country's apparel industry on Tuesday urged the government to review certain provisions of the latest amendments to the labour law, saying the changes were made bypassing the tripartite committee's agreed recommendations.They also expressed frustration over their repeated...

NCP lists terms for signing July Charter

The National Citizen Party has said it will sign the July Charter only if the implementation order excludes any provision for a "note of dissent" and incorporates the recommendations of the Consensus Commission on constitutional reform, reports bdnews24.com.NCP Convener Nahid...

Referendum in Nov, no additional RPO amendments: Jamaat to EC

Jamaat-e-Islami has called on the Election Commission not to amend the Representation of the People Order (RPO) provision that requires candidates to contest under their own party symbol even when contesting as part of an alliance, reports bdnews24.com.The party also...

BNP rejects NCC's suggestion for pre-election referendum: Khosru

Senior BNP leader Amir Khosru Mahmud Chowdhury on Tuesday said their party did not agree with the Consensus Commission's recommendation to hold a referendum before the national election, saying BNP's position on the issue remains unchanged, reports UNB. "BNP does...

Next IMF loan tranche uncertain for unfinished banking reforms

Hints are rife the IMF might hold back the next installment of its US$5.5-billion loan from stipulated payout by December deadline as Bangladesh couldn't complete agreed banking reforms, officials said Tuesday.The International Monetary Fund (IMF) is not happy for the...

July charter ratification by referendum during or before general election

General reforms not related to constitutional changes can immediately be executed by executive orders while the July National Charter has to be incorporated into the constitution by referendum on the national-election day or before. The National Consensus Commission has made...

Janata Bank PLC Managing Director Md. Mazibur Rahman poses with others

Janata Bank PLC Managing Director Md. Mazibur Rahman poses with others at the inaugural ceremony of a 25-day foundation course for officers of the bank organised by the Janata Bank staff college, Dhaka recently.

IDCOL supports ICS Testing Lab at BUET to boost clean cooking innovation

IDCOL and the Department of Chemical Engineering (DChE) at BUET inaugurated the 'IDCOL-DChE, BUET ICS Laboratory' on the BUET campus in Dhaka on Monday. Alamgir Morshed, Executive Director & CEO of IDCOL, Md. Enamul Karim Pavel, Head of Renewable Energy...

The Department of Banking and Insurance, University of Dhaka

The Department of Banking and Insurance, University of Dhaka, in collaboration with Policy Think & Economic Research Centre, hosted a roundtable on 'Transition of banking sector in Bangladesh: Challenges and the way forward' at MBA Building on the DU campus...

China signs expanded ASEAN trade pact

KUALA LUMPUR, Malaysia (AP): China signed an upgraded free trade agreement with the Association of Southeast Asian Nations (ASEAN) on Tuesday, positioning itself as a counterweight to U.S. protectionism and deepening its economic influence in the region.Premier Li Qiang told...

No irregularities in wheat import from US: Food Ministry

The Ministry of Food has clarified that there have been no irregularities, overpricing, or special privileges in the import of wheat from the United States (US), reports BSS.The ministry said that a recent report in a national daily titled "Bangladesh...

Pakistan lifts extra duty on jute imports

Pakistan has withdrawn the 2.0 per cent additional customs duty (ACD) on jute imports from Bangladesh, a move expected to reinvigorate trade in the natural fibre long considered Bangladesh's "golden fibre". The decision restores duty-free access for Bangladeshi jute in...

Remittance inflow grows by 11.1 per cent till Oct 26

The inflow of remittances posted an year-on-year growth of 11.1 per cent, reaching US$2,166 million in the first 26 days of October, according to the latest data released by Bangladesh Bank (BB) on Tuesday, reports BSS.During the same period last...

Int'l tourism fair begins Oct 30

The Biman Bangladesh Travel and Tourism Fair (BTTF) 2025 is set to begin at the Bangladesh-China Friendship Conference Centre in the city on October 30. A total of 12 countries will take part in the three-day event which will be...

Names of BGCCI office-bearers announced

The Bangladesh German Chamber of Commerce & Industry (BGCCI) has announced the names of its new office bearers for 2025-2027 term.Md. Rokonuzzaman, FCA, Country Managing Director of AMANN Bangladesh, has been elected President. In a statement, he highlighted the importance...

Policy support, curbing corruption key to SME growth: Experts

Informal practices, lack of data, and weak coordination among stakeholders are the major challenges hampering the growth of Bangladesh's small and medium-sized enterprises (SMEs), experts said at a session of the Economic Reform Summit on Tuesday.They also emphasised the urgent...

Timor-Leste joins ASEAN

Timor-Leste, Asia's youngest nation, has officially joined the Association of Southeast Asian Nations (ASEAN) as its 11th member, marking a historic step towards deeper regional cooperation and economic integration.The formal accession was celebrated in Kuala Lumpur, where the Timor-Leste flag...