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NBR to realise undisputed taxes from frozen bank accounts

Doulot Akter Mala | 2024-05-26 00:00:00

The tax authority has decided to realise the undisputed taxes from frozen bank accounts of around 20 top private universities as the institutions remained non-responsive to calls for paying the taxes during the last two months, sources said.At present, nearly...

DB team going to India soon

FE REPORT | 2024-05-26 00:00:00

A three-member detective team is going to India in a day or two as part of their investigation into the murder of lawmaker Anwarul Azim Anar.DMP Additional Police Commissioner Mohammad Harun-or-Rashid disclosed the information while talking to the media at...

Full internet service expected by June

ISMAIL HOSSAIN | 2024-05-26 00:00:00

Bangladesh is likely to have its internet services fully restored in early June following a submarine cable disruption on April 19.Efforts are well underway to redirect bandwidth and maintain stability in service, with additional challenges arising from a crackdown on...

Bank time deposits surge under SMART push

JASIM UDDIN HAROON | 2024-05-26 00:00:00

Time deposits in banks increased by Tk 865.9 billion to Tk 14.82 trillion in July-March period of this fiscal year mainly because of rate rise under uncapped interest regime, sources say.The upturn began in July when the industry introduced a...

A waste of money, says Wahiduddin

2024-05-26 00:00:00

Eminent economist Dr Wahiduddin Mahmud has said that the decision to provide expensive cars to deputy commissioners (DCs) and Upazila Nirbahi Officers (UNOs) is a waste of state money.He observed that some 80 percent of the rich were evading taxes....

Danger signal 7 for maritime ports as Cyclone Remal approaches BD coast

FE REPORT | 2024-05-26 00:00:00

The deep depression in the Bay of Bengal approaching the coast turned into Cyclone Remal on Saturday evening, prompting the Met Office to upgrade its warning to a danger signal 'seven ' for maritime ports and authorities to suspend vessel...

Govt to allocate Tk 350bn in power subsidy for FY25

FHM Humayan Kabir | 2024-05-26 00:00:00

The government is going to allocate Tk 350 billion as a subsidy for the power sector in the upcoming national budget to settle capacity charges and other bills owed to private electricity producers, officials said. The rising debt burden to...

Rain likely today.

2024-05-26 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at most places over Khulna, Barishal, Chattogram , Dhaka, Mymensingh and Sylhet divisions in the next 20 hours from 06:00 am today (Sunday), according to the...

Canada's deputy minister of int’l dev in city

2024-05-26 00:00:00

Canada's Deputy Minister of International Development Christopher MacLennan arrived in the city on Saturday evening for a two-day visit, reports BSS.The Deputy Minister will meet with officials and development partners to discuss Canada's evolving international assistance in the context of...

PM must specify which world leader offered election victory for military base: Manna

2024-05-26 00:00:00

Nagorik Oikya President Mahmudur Rahman Manna on Saturday urged Prime Minister Sheikh Hasina to clarify which country is conspiring to create a Christian state taking parts of Chattogram Hill Tracts (CHT) and Myanmar's Rakhine, reports UNB.Addressing a sit-in programme, he...

'Shahadat' an offshoot of Ansar al-Islam: RAB

2024-05-26 00:00:00

A new militant group called 'Shahadat' has emerged from banned Islamist outfit Ansar al-Islam, the Rapid Action Battalion says after arresting three of its members, reports bdnews24.com.The three were arrested on Friday from Gulistan and Signboard areas of the capital.The...

Opponent prime suspect in case over Raipura candidate's death

2024-05-26 00:00:00

A murder case has been filed over the killing of Sumon Mia, a candidate running for the post of vice chairman in the Raipura Upazila Parishad elections in Narsingdi, reports bdnews24.com.The victim's father, Nasir Uddin, filed the case on Friday,...

Senior joint secretary general of BNP Ruhul Kabir Rizvi speaking to journalists after paying homage to National Poet Kazi Nazrul

2024-05-26 00:00:00

Senior joint secretary general of BNP Ruhul Kabir Rizvi speaking to journalists after paying homage to National Poet Kazi Nazrul Islam marking his 125th birth anniversary on the Dhaka University campus in the city on Saturday — FE Photo

AL delegation leaves for China to join workshops

2024-05-26 00:00:00

A 50-member delegation of Awami League left Dhaka in the afternoon for China to join training workshops at the invitation of Communist Party of China (CPC), reports BSS.Led by Awami Swechchhasebak League Vice-President and Sirajganj-1 lawmaker Tanvir Shakil Joy, leaders...

Freezing Benazir's bank accounts an eyewash, says BNP

2024-05-26 00:00:00

FE REPORT Bangladesh Nationalist Party (BNP) said on Saturday that freezing bank accounts of former inspector general of police (IGP) Benazir Ahmed is an 'eyewash' on the part of the government.Senior joint secretary general of BNP Ruhul Kabir Rizvi made...

No agenda to send any political leader, worker to jail: Obaidul Quader

2024-05-26 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Saturday said they have no agenda to send any political leader or worker to jail, reports BSS."But, the persons who are miscreants, offenders and wrongdoers must...

Rain likely today

2024-05-26 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at most places over Khulna, Barishal, Chattogram , Dhaka, Mymensingh and Sylhet divisions in the next 20 hours from 06:00 am today (Sunday), according to the...

News in Brief-2024-05-26

2024-05-26 00:00:00

19 more dengue patients hospitalised in 24 hoursNineteen more people were hospitalised with dengue in 24 hours until Saturday morning. Of the new patients, nine were admitted to hospitals in Dhaka city and the rest outside it, according to the...

ISPR protests DW documentary on UN peacekeepers

2024-05-26 00:00:00

The Inter Services Public Relations (ISPR) has protested the recent Deutsche Welle (DW) documentary titled "Torturers deployed as UN peacekeepers", terming it "false and fallacious".This documentary presents a misleading portrayal of Bangladesh Army personnel in UN Peacekeeping Missions, said an...

Chuadanga witnesses country's highest temperature again

2024-05-26 00:00:00

CHUADANGA, May 25 (UNB): After a temporary gap, Chuadanga on Saturday again experienced the country's highest temperature at 41.7 degrees Celsius.Rakibul Hasan, senior observer of Chuadanga First Class Meteorological Observatory, said from May 06 to May 24, the temperature was...

Aziz Khan next chair of Unicef Int'l Council

2024-05-26 00:00:00

Unicef has announced Muhammed Aziz Khan as the incoming chair of the Unicef International Council, succeeding the inaugural chair, Maria Ahlström-Bondestam.Aziz Khan will assume the position in November 2024, reports BSS citing a press release from Unicef received in the...

Tourism minister opens 'Garden by the Runway' in city

2024-05-26 00:00:00

Civil Aviation and Tourism Minister Muhammad Faruk Khan as the chief guest inaugurated the 'Garden by the Runway' at Air Headquarters (Unit) in the city on Saturday, says a statement. Bangladesh Air Force renovated the Runway Lake adjacent to the...

Family members offering munajat after placing wreath at the grave of National Poet Kazi Nazrul Islam

2024-05-26 00:00:00

Family members offering munajat after placing wreath at the grave of National Poet Kazi Nazrul Islam next to the central mosque of Dhaka University in the city on the occasion of his 125th birth anniversary on Saturday — Focus Bangla

4m coastal people at high risk of disaster

2024-05-26 00:00:00

NAZIMUDDIN SHYAMOLCHATTOGRAM, May 25: An estimated 4.0 million people in the coastal belt of Chattogram and Cox's Bazar are living at high risk of natural disasters due to inadequate cyclone shelters in the region.The safety issue has come to the...

Solar net metering system installed in 55pc commercial buildings

FE REPORT | 2024-05-26 00:00:00

A solar net metering system has been installed in 55 per cent of commercial buildings, 28 per cent of residential structures and 16 per cent of industrial facilities, according to a recent study.In the last seven years, only 110 MW...

Rakuten, eBay team up to test US market for used Japanese fashion goods

2024-05-26 00:00:00

TOKYO, May 25 (Reuters): Japan's Rakuten Group is partnering with eBay to test US demand for used Japanese fashion goods, made all the cheaper with the yen trading near a 34-year low.The tie-up, which started on May 8 with just...

National Bank Limited organised a discussion with its branch managers and operations managers of Dhaka North and South

2024-05-26 00:00:00

NBL HOLDS DISCUSSION WITH BRANCH MANAGERS National Bank Limited organised a discussion with its branch managers and operations managers of Dhaka North and South Regions along with the corporate branches of Dhaka in the city on Saturday. Khalilur Rahman, chairman...

Google to invest $350m in India's Flipkart, valuing co at $37b

2024-05-26 00:00:00

BENGALURU, May 25 (Reuters): Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at $37 billion, a source with direct knowledge of the matter told Reuters.Google and Flipkart were not...

BRAC BANK SIGN AGREEMENT WITH THE WESTIN

2024-05-26 00:00:00

BRAC BANK SIGN AGREEMENT WITH THE WESTIN BRAC Bank has recently signed an agreement with The Westin Dhaka to offer exclusive privileges for its Premium Banking Plus customers. Under the agreement, Premium Banking Plus customers will enjoy exciting complimentary benefits...

Elon Musk says he opposes US tariffs on Chinese EVs

2024-05-26 00:00:00

PARIS, May 25 (Reuters): Tesla founder Elon Musk told tech investors in Paris on Thursday he opposed US tariffs on Chinese electric vehicles (EVs), an about-face from his January warning that trade barriers were needed or China would "demolish most...