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Power system losses estimated at Tk 1.08b

FE REPORT | 2024-05-29 00:00:00

The severe cyclone 'Remal' has caused financial losses worth around Tk 1.08 billion to the power infrastructure in the southern districts of the country, initial estimation by state-run power entities suggested Tuesday.Some 17.31 million consumers in the region - 36.83...

Bangladesh sees five cyclones in a year

YASIR WARDAD | 2024-05-29 00:00:00

Cyclone takes place frequently in the Bay of Bengal due to the global climate change, causing massive losses of lives, crops, livestock, fisheries and infrastructure in Bangladesh.Bangladesh has witnessed five cyclones in the last twelve and a half months, with...

26 dead deer recovered in Sundarbans

OUR CORRESPONDENT | 2024-05-29 00:00:00

KHULNA, May 28: A good number of deer were found dead or sick in the Sundarbans on Tuesday as cyclone 'Remal' wreaked havoc in the coastal belt of the country.The forest department recovered 26 dead deer in different places of...

HC orders listing of illegal foreign jobholders

FE REPORT | 2024-05-29 00:00:00

On a petition that US$10 billion is taken way from Bangladesh by unauthorized foreigners annually, the High Court Tuesday ordered the listing of legal and illegal foreign jobholders here through thorough investigations. Also, the court asked the Inspector General of...

Briefing 2024-05-29

2024-05-29 00:00:00

Prayer Timings (2024-05-29)

2024-05-29 00:00:00

Net equity capital inflows down 31pc in 2023

FE REPORT | 2024-05-29 00:00:00

The net equity capital inflows in Bangladesh dropped by more than 31 per cent to US$ 705.84 million in 2023 over the corresponding period a year earlier, according to a Bangladesh Bank report.The equity capital refers to capital that a...

MCCI suggests steps to stabilise reserves, contain inflation

FE REPORT | 2024-05-29 00:00:00

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has suggested that the government take necessary steps to stabilise foreign exchange reserve, manage inflation and enhance revenue earnings to overcome the country's emerging socioeconomic challenges following the global conflicting situation,...

ACC subpoenas ex-IGP, family to grill over graft

FE REPORT | 2024-05-29 00:00:00

Former police chief Benazir Ahmed and his family members are subpoenaed to face ACC grilling on graft charges while their six beneficiary owner (BO) accounts frozen by the securities regulator.The Anti-Corruption Commission (ACC) Tuesday summoned the former Inspector-General of Police...

BD needs to enhance labour productivity by 1.5pc: ILO

FE REPORT | 2024-05-29 00:00:00

Bangladesh will have to increase its annual labour productivity by 1.5 per cent to become a high-income country by 2050, according to a latest report of the International Labour Organisation (ILO).At present, the growth is 4.1 per cent against an...

Death toll reaches 16, millions yet to return home

FE REPORT | 2024-05-29 00:00:00

Casualties from the severe cyclone Remal reached 16 on Tuesday, while millions were still bearing the brunt of waterlogging amid the damage to dams in several districts.The Cyclone Remal wreaked havoc on Bangladesh between May 27 and 28 with its...

Assess cyclone damages, mend wrecks: PM

FE REPORT | 2024-05-29 00:00:00

Prime Minister Sheikh Hasina Tuesday directed urgently assessing cyclone damages and repairing damaged structures while presiding over an ECNEC meeting that endorsed 11 projects, including two that cost some Tk 84.82 billion.The prime minister, who is set to visit tomorrow...

Taxes on basic consumer commodities being halved

DOULOT AKTER MALA | 2024-05-29 00:00:00

Taxes on numerous basic consumer commodities are getting cut to half as the government is set to bank on fiscal measures to combat high food inflation, sources say.Existing tax on procurement of rice, wheat, potatoes, onions, garlic, green peas, gram,...

Light to moderate rain likely over parts of country

2024-05-29 00:00:00

Light to moderate rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at many places over four divisions, at a few places over two divisions and at one or two places over Rajshahi and Khulna...

Sale of advance train ticket for Eid-ul-Azha to start June 2

2024-05-29 00:00:00

The sale of advance train tickets for Eid holidaymakers will start online from June 2, reports UNB.The commuters have to purchase their tickets online and though mobile apps, said Director General of Bangladesh Railway Sardar Sahadat Ali while speaking at...

Bangladesh observes UN Peacekeepers Day today

2024-05-29 00:00:00

Bangladesh will observe International Day of United Nations Peacekeepers today (May 29), reports UNB.A number of activities will be arranged on the day, the Inter-Services Public Relations Directorate (ISPR) said in a release on Tuesday.Local Government, Rural Development and Cooperatives...

Off-season dengue situation in Dhaka worse: DGHS

FE REPORT | 2024-05-29 00:00:00

The dengue situation has crossed the acceptable limit much before its season begins in Dhaka city, according to a latest survey of the health directorate.The density of Aedes mosquito larvae in 18 wards of two city corporations have been found...

Much to the trouble of commuters, Arambagh road

2024-05-29 00:00:00

Much to the trouble of commuters, Arambagh road in the capital's Motijheel area went under knee-deep water following the daylong driving rainfall on Monday under the influence of the cyclonic storm Remal. — FE photo

Indictment hearing in Khaleda's coal mine graft case Aug 5

2024-05-29 00:00:00

A court in the ciyu on Tuesday set August 5 for holding hearing on charge framing in the Barapukuria coal mine graft case against BNP Chairperson Begum Khaleda Zia and nine others, reports BSS.The date was announced by Judge Md...

Prove human rights commitment airing Gaza documentary, Arafat urges DW

2024-05-29 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat on Tuesday urged the German broadcaster Deutsche Welle (DW) to show commitment to human rights and press freedom making and broadcasting documentary on the genocide orchestrated by Israeli forces in Gaza.He...

Govt's existence tainted by widespread corruption

2024-05-29 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday urged the government to step down without any manoeuvring as its existence has already been tainted by widespread corruption, reports UNB.Speaking at a discussion, he also warned that their party will...

Govt not embarrassed over Aziz-Benzir issue: Quader

2024-05-29 00:00:00

The government is not embarrassed about former Army chief Aziz Ahmed and former IGP Benzir Ahmed issue as the government has the courage to bring them to justice, said Awami League General Secretary and Road Transport and Bridges Minister Obaidul...

N Korean rocket carrying 2nd spy satellite explodes shortly after launch

2024-05-29 00:00:00

SEOUL, South Korea, May 28 (AP): A rocket launched by North Korea to deploy the country's second spy satellite exploded shortly after liftoff Monday, state media reported, in a setback for leader Kim Jong Un's hopes to operate multiple satellites...

Zelensky presses Biden to attend Ukraine peace summit

2024-05-29 00:00:00

BRUSSELS, Belgium, May 28 (AFP): Ukrainian President Volodymyr Zelensky on Tuesday urged US leader Joe Biden to attend a June peace summit in Switzerland, as he accused Russia's Vladimir Putin of trying to derail the gathering.Zelensky's appeal came as he...

Last year saw 26 extra days of extreme heat

2024-05-29 00:00:00

PARIS, May 28 (AFP): The world experience an average of 26 more days of extreme heat over the last 12 months that would probably not have occurred without climate change, a report said on Tuesday.Heat is the leading cause of...

Israel again bombs Rafah despite global outcry

2024-05-29 00:00:00

RAFAH, Palestinian Territories, May 28 (AFP): Israel again bombarded Gaza's far-southern Rafah area on Tuesday despite a global storm of outrage over a strike that set ablaze a crowded tent city, killing 45 people according to Palestinian officials.The strike, which...

Gold prices steady on lower dollar

2024-05-29 00:00:00

Gold prices held steady on Tuesday, buoyed by a slight pullback in the dollar as investors look forward to US inflation data due later this week for more clarity on interest rate cut timings, reports Reuters.Spot gold was flat at...

DMCB GETS BIZZ SIGNATURE AWARD 2024

2024-05-29 00:00:00

The Dhaka Mercantile Co-operative Bank Ltd. (DMCB) has been awarded 'The Bizz Signature Award 2024' in the category of 'Inspirational Company' in recognition of its excellent performance in the business sector (Microcredit) of Bangladesh. The World Confederation of Business (WORLDCOB),...

DHAKA WOMEN CHAMBER OF COMMERCE HOLDS AGM

2024-05-29 00:00:00

The Annual General Meeting-2023 of Dhaka Women Chamber of Commerce & Industry (DWCCI) was held at Gulshan North Club in Dhaka on Tuesday, with its President Naaz Farhana Ahmed in the chair. Sr. Vice President Sajeda Minhaz Mukul, General Secretary...

College admission: Students can pay fees via bKash

2024-05-29 00:00:00

Like previous years, students can pay application and registration fees of class XI and Technical curriculum for 2024-25 admission session through bKash conveniently, says a press release. Like application fee, the selected students will be able to pay registration fees...