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US says Arab-proposed peacekeepers could hinder anti-Hamas campaign

2024-05-18 00:00:00

WASHINGTON, May 17 (AFP) : The United States said Thursday that a UN peacekeeping force in the Palestinian territories proposed by the Arab League could compromise Israel's effort to defeat Hamas but stopped short of opposing it.At a summit in...

Canada slaps sanctions on 'extremist' Israeli settlers

2024-05-18 00:00:00

OTTAWA, May 17 (AFP) : Canada announced Thursday for the first time sanctions against Israeli settlers accused of committing acts of violence against civilians in the West Bank.The United Kingdom, France, the European Union and the United States took similar...

13 countries urge restraint from Israel over Rafah

2024-05-18 00:00:00

ROME, May 17 (AFP): Thirteen Western countries, including many traditionally supportive of Israel, appealed to it Friday not to launch a large-scale offensive on Rafah."We reiterate our opposition to a full-scale military operation in Rafah that would have catastrophic consequences...

SOPs signed with UK on returning Bangladeshi overstayers

2024-05-18 00:00:00

Bangladesh and the United Kingdom (UK) held their first-ever Joint Working Group meeting on Home Affairs on Thursday in London at the British Home Office and signed the Standard Operating Procedures (SOPs) on returns, reports BSS.British Minister for Countering Illegal...

Five killed as bus plunges into roadside ditch in Cumilla

2024-05-18 00:00:00

Five persons have been killed as a bus fell into a roadside ditch on Dhaka-Chattogram Highway in Chauddagram of Cumilla, report agencies. The double decker bus of 'Relax Paribahan' carrying several passengers was heading towards Cox's Bazar from Dhaka, said...

Savings tool sales plunge over 200pc as encashments soar

SAJIBUR RAHMAN | 2024-05-18 00:00:00

Net sales of savings instruments have plunged by over Tk 125.45 billion year on year in the first nine months (July-March) of the current fiscal year, representing a more than 200-percent decline.Higher-paying encashments outpacing new investments contributed to this massive...

Duty dodging thru false declaration of imports surges

GULAM RABBANI | 2024-05-18 00:00:00

Dodging duties through false declaration on imports has increased alarmingly in last few years, a watchdog noses out, while public purse feels financial strains. In the financial year 2022-2023, the Customs Intelligence and Investigation Directorate (CIID) realised Tk 2.01 billion...

Briefing 2024-05-18

2024-05-18 00:00:00

Prayer Timings (2024-05-18)

2024-05-18 00:00:00

Litchi growers sort and bundle freshly plucked fruits

2024-05-18 00:00:00

Litchi growers sort and bundle freshly plucked fruits at an orchard at Sonargaon in Narayanganj on Friday. Covered in bumpy red shells, these treasures reveal almost clear white flesh with a juicy and jelly-like texture, making the fruit a tempting...

Chinese consortium seeks digital banking licence in BD

REZAUL KARIM | 2024-05-18 00:00:00

A group of Chinese nationals, in collaboration with Bangladeshi partners, has applied for a digital bank licence in Bangladesh, according to documents of the Chinese Embassy in Dhaka. The consortium submitted the application to the Bangladesh Bank under the name...

US rules out RAB ban withdrawal

FE REPORT | 2024-05-18 00:00:00

The United States Department of State has ruled out the possibility of lifting the sanctions against Bangladesh's elite-force RAB. Deputy Spokesperson for the US Department of State Vedant Patel made the US government's position clear in response to a question...

BB probing opaque trade credit buildup

JUBAIR HASAN | 2024-05-18 00:00:00

Bloating deficit in trade credits prompts the central bank to begin probing the facts as the lacuna has upset the country's financial account in recent times, officials said.The fact-checking measure of Bangladesh Bank (BB) comes at a time when the...

Make plans considering local reality: PM to economists

2024-05-18 00:00:00

Prime Minister Sheikh Hasina has called upon economists to formulate plans, policies and programmes considering the people and reality of Bangladesh."My expectations from the economists are that you will think about the people of the country and plan your policies,"...

Unapproved projects galore in new ADP

FHM Humayan Kabir | 2024-05-18 00:00:00

Bangladesh's current economic difficulties couldn't deter ministries from a race for getting unapproved projects interpolated into the new development programme as 1,225 such supernumeraries got in, officials said.Almost all of these projects in the Annual Development Programme (ADP) for the...

Weather (2024-05-18)

2024-05-18 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at a few places over Mymensingh, Chattogram & Sylhet divisions and at one or two places over Rangpur, Dhaka and Barishal divisions over the country 6:00 pm today (Saturday),...

News in Brief 2024-05-18

2024-05-18 00:00:00

13 Covid-19 cases reported Bangladesh reported 13 more Covid-19 cases in the last 24 hours until Friday morning. With the new numbers, the country's total Covid-19 caseload rose to 2,050,223, according to the Directorate General of Health Services (DGHS). The...

Rejoinder 2024-05-18

2024-05-18 00:00:00

Biman Bangladesh Airlines has sent a rejoinder on the content of the news item titled "Biman captain gets only letter of caution" published on May 13, 2024 in The Financial Express. In the rejoinder the Biman said that departmental proceeding...

Orientation programme (Summer 2024) for undergraduate students of IUB

2024-05-18 00:00:00

Writer and Managing Editor of the daily Prothom Alo Anisul Hoque and Vice chancellor of Independent University, Bangladesh Tanweer Hasan, among others, attended an orientation programme (Summer 2024) for undergraduate students of IUB on the university campus in the city...

Three labourers die falling from Basabo building

FE REPORT | 2024-05-18 00:00:00

Three construction workers died on Friday after falling from a 10-storey under-construction building in the capital's Basabo area. The deceased were identified as Altabur (40), Antor (25) and Mofizul (20).A sub-inspector at Sabujbagh Police Station told the FE that the...

Drives against ARSA 'criminals' continue

2024-05-18 00:00:00

RAB's intelligence-based drive against the Arakan Rohingya Salvation Army (ARSA) is continuing and operations are being launched as soon as any information is received, reports UNB.Commander Arafat Islam, director (legal and media wing), said this while speaking at a press...

Malaysia again shuts door for BD workers

Arafat Ara | 2024-05-18 00:00:00

Bangladesh is set to face another impact for its foreign exchange reserves as Malaysia -- a key destination for Bangladeshi workers -- announced it will no longer welcome Bangladeshi workers from June 1. This job market closure follows similar closures...

BNP acted as Pak agent during their rule: Law minister

2024-05-18 00:00:00

BRAHMANBARIA, May 17 (UNB): Law, Justice and Parliamentary Affairs Minister Anisul Huq said on Friday that the BNP, in alliance with war criminals and Razakars, Al-Badrs, acted as Pakistan's agent during their rule.They exploited and tortured the people of Bangladesh,...

Police to play key role in building Smart Bangladesh

2024-05-18 00:00:00

Home Minister Asaduzzaman Khan on Friday said police will play the main responsibility towards implementing the Prime Minister's vision to transform the country into Smart Bangladesh, reports BSS."Bangladesh is moving forward due to your (police) sincere efforts to control terrorism,...

AL govt introduces neo-Baksal rule

FE REPORT | 2024-05-18 00:00:00

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir said on Friday that the Awami League (AL) government has introduced neo-Baksal rule in the country. He made the comment in a statement issued on the day expressing concern over...

Today AL is the strongest party, says Hasina

2024-05-18 00:00:00

Prime Minister Sheikh Hasina on Friday said her party - Bangladesh Awami League (AL) is now the strongest, largest and the most credible political party in the country, report agencies."Today Awami League is the strongest and biggest organisation in Bangladesh....

Global equity funds draw inflows on rate cut hopes

2024-05-18 00:00:00

Global equity funds experienced strong demand for the third consecutive week, in the seven days to May 15, bolstered by a softer US jobs report and lower-than-expected inflation figures, which increased expectations that the Federal Reserve may begin cutting rates...

India bond traders hanker for short-term borrowing cuts

2024-05-18 00:00:00

MUMBAI, May 17 (Reuters): Most Indian bond traders are looking for a cut in the government's short-term borrowing as a better way to regulate banking system liquidity after two consecutive attempts to buy back debt failed, several traders said.Government spending...

EXIM BANK, FAREAST ISLAMI LIFE INS SIGN BANCASSURANCE AGREEMENT

2024-05-18 00:00:00

Fareast Islami Life Insurance Company Limited has signed a corporate agreement with Exim Bank, aiming to sell life insurance policies through Bancassurance. Managing Director and CEO of Exim Bank Mohammad Feroz Hossain and Managing Director and CEO of Fareast Islami...

Craftsman Footwear makes trading debut on SME platform

FE REPORT | 2024-05-18 00:00:00

Craftsman Footwear and Accessories, an export-oriented shoe manufacturer, made its trading debut on the SME platforms of the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Thursday. But only one trade executed on each exchange, involving two shares.On...