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Dr Shawkat Akbar new president of Bangladesh Physical Society

2024-05-14 00:00:00

Dr Mohammad Shawkat Akbar, chairman of Bangladesh Atomic Energy Commission (BAEC), has been elected the 25th president of the Bangladesh Physical Society for the 2024-25 tenure, says a statement.The Physical Society elected its president from the renowned physicists of the...

Banks can avail services of BIAC or the likes for ADR

FE REPORT | 2024-05-14 00:00:00

In a bid to downsize the bulging non-performing loans (NPLs) in the country's banking sector, the Bangladesh Bank (BB) has asked all banks to resort to the alternative dispute resolution (ADR) mechanism availing the services of the Bangladesh International Arbitration...

Benapole cattle trader injured in BSF firing

2024-05-14 00:00:00

BENAPOLE, May 13 (UNB): A Bangladeshi cattle trader was reportedly shot and injured by Indian Border Security Force (BSF) at Putkhali border area in Benapole on Monday.The injured was identified as Amjad Ali, 32, of Krishnapur village in Putkhali border...

France to help develop BD students' satellite technology skills: Envoy

FE REPORT | 2024-05-14 00:00:00

France has shown interest to support Bangladeshi students in acquiring skills related to satellite technology, says its envoy in Dhaka. The willingness was expressed when Marie Massdupui, the French Ambassador to Bangladesh, paid a courtesy call on Zunaid Ahmed Palak,...

Man injured in Sirajganj post-UZ polls violence dies

2024-05-14 00:00:00

The supporter of a defeated candidate has allegedly died in a hospital after being beaten by supporters of the victorious chairman who won the race in Sirajganj's Belkuchi upazila, reports bdnews24.com.Abdul Alim died on his way to Dhaka on Monday....

Probe finds no involvement of two slain workers

2024-05-14 00:00:00

FARIDPUR, May 13 (UNB): The 7-member body formed to probe the lynching of two construction workers following a fire in a temple at Panchapalli in Madhukhali upazila of Faridpur on April 18, has not found involvement of the victims in...

Bangladesh’s dev not possible without good relations with India: Hasan

2024-05-14 00:00:00

Foreign Minister Dr Hasan Mahmud has said Bangladesh’s development is not possible without good relations with India as both the countries share common border of several thousand kilometers, reports BSS."The country (India) with which we (Bangladesh) have several thousand kilometers...

Shun divisive politics: Fakhrul

FE REPORT | 2024-05-14 00:00:00

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir called upon all on Monday to shun divisive politics for the sake of democracy and the welfare of the people. "A division has been created unfortunately in Bangladesh. We should...

People from all walks of life pay tributes to Haider Akbar Khan Rono

2024-05-14 00:00:00

People from all walks of life pay tributes to veteran leftist leader and adviser to Communist Party of Bangladesh central committee Haider Akbar Khan Rono by placing wreaths on his coffin at Central Shaheed Minar in the city on Monday...

BNP can’t be active again with anyone's support

2024-05-14 00:00:00

Awami League (AL) General Secretary Obaidul Quader has said BNP cannot be active again with anyone's support now, reports BSS."There is no reason to think that BNP will again create unrest at the patronisation of the United States," he told...

Indians vote in fourth phase

2024-05-14 00:00:00

HYDERABAD/SRINAGAR, May 13 (Reuters): India voted on Monday in the fourth phase of a seven-week long general election, as campaign rhetoric became more strident over economic disparities and religious divisions.The world's most populous nation began voting on April 19 in...

Labourers carry empty barrels

2024-05-14 00:00:00

Labourers carry empty barrels from Shyampur industrial area to Showari Ghat in old Dhaka. The workers use the barrels to transport chemicals to Shyampur and then sell the empty ones. The picture was taken from Dholaikhal area on Monday. —...

TIB, CPD should seek apology for wrong criticisms

FE REPORT | 2024-05-14 00:00:00

Organisations like the Transparency International Bangladesh (TIB) and the Centre for Policy Dialogue (CPD) should apologise for their wrong criticisms over the corruption allegations regarding the construction of the Padma Bridge, Foreign Minister Dr Hasan Mahmud said on Monday. But...

Govt to launch 2nd satellite in 2-3 years

2024-05-14 00:00:00

Shahjahan Mahmood, chairman of the Bangladesh Satellite Company Ltd, has said that the deal for the second satellite will be finalised within 2-3 months and it will be launched in 2-3 years, reports UNB.The second satellite will be a Bangladesh...

Study sees greater energy efficiency to save $460m a year in LNG imports

SAJIBUR RAHMAN | 2024-05-14 00:00:00

Greater efficiency in gas-fired captive power generation and productive use of waste heat can help reduce the import of LNG by 50.18 billion cubic feet (Bcf) and save Bangladesh US$460 million a year, according to a new report.This study also...

Sailors of MV Abdullah to meet family today

OUR CORRESPONDENT | 2024-05-14 00:00:00

COX'S BAZAR, May 13: MV Abdullah, the Bangladeshi-flagged ship freed from Somali pirates, arrived at Kutubdia Channel in the Bay of Bengal on Monday afternoon with 23 sailors on board. The ship was captured by pirates off the coast of...

China pullout leaves Dhaka elevated expressway in funding limbo

GULAM RABBANI | 2024-05-14 00:00:00

The funding for the Dhaka Elevated Expressway project remains in limbo months after Chinese lenders halted financing in January 2024.Contractors for the project, whose alleged violation of contracts led to the Chinese funding drying up, say they began searching for...

Pending Hajj visa applications to be cleared

2024-05-14 00:00:00

Saudi Ambassador Essa Yousef Essa Alduhailan on Monday assured that he will take steps to clear all pending visa applications from Bangladeshi aspirants to perform Hajj this year, reports UNB. The ambassador made the assurance during a meeting with Prime...

Death-row convicts can't be confined to condemned cell before finality of trial: HC

FE REPORT | 2024-05-14 00:00:00

The High Court (HC) on Monday issued a direction that death-row convicts cannot be confined to condemned cell before attaining finality of their sentence by the latest judicial and administrative forums.The HC bench of Justice Sheikh Hassan Arif and Justice...

Govt to impose tariffs on raw jute exports

FE REPORT | 2024-05-14 00:00:00

The government is taking steps to address the issue of cheap raw-jute exports to India, which has been putting negative impacts on the country's jute industry.State minister for commerce Ahsanul Islam Titu has proposed imposing tariffs on raw jute exports...

Briefing 2024-05-14

2024-05-14 00:00:00

Prayer Timings (2024-05-14)

2024-05-14 00:00:00

Govt targets Tk 4.8 trillion tax haul in FY25

DOULOT AKTER MALA | 2024-05-14 00:00:00

The government is likely to set a Tk 4.80-trillion tax-revenue-collection target for the National Board of Revenue in the next fiscal year, according to sources, which will be a 17.07-per-cent increase over the revised target of Tk 4.10 trillion for...

Backlog of export receivables upsets BoP

JUBAIR HASAN | 2024-05-14 00:00:00

Bangladesh barely gains from growing current-account surpluses in the balance of payments (BoP) as bloating deficit in trade credits in financial account erodes the positive outcomes through LC contractions.Economists term an almost fourfold rise in the trade deficit the biggest...

Indo-Pacific, Myanmar and trade top agenda

FE REPORT | 2024-05-14 00:00:00

What may transpire in talks becomes a buzz as United States assistant secretary of state Donald Lu is scheduled to arrive here today, on his first trip after Bangladesh polls.Mr Lu, who is in charge of the Bureau of South...

Inflation control, FDI increase core instructions

SYFUL ISLAM | 2024-05-14 00:00:00

Curbing inflationary pressures on people, enhancing revenue, discouraging import of luxury items and augment foreign direct investment (FDI) are must-do instructions for finance officials finalising next fiscal budget. They also have to make sure that the election manifesto of the...

Inflation edges down to 9.74pc in April

FE REPORT | 2024-05-14 00:00:00

Overall inflation in Bangladesh edged down to 9.74 per cent in April although food-and rural inflation indices showed further rise, latest official statistics show. Rural people faced higher inflationary pressures in recent months as the inflation rate there had risen...

European shares listless as investors brace for inflation test

2024-05-14 00:00:00

Europe's STOXX 600 struggled for direction on Monday, as investors geared up for this week's key US inflation prints and a slew of economic data from the euro zone that could test the benchmark index's record-breaking run, reports Reuters.The pan-European...

Shahjalal Islami Bank holds 379th board meeting

2024-05-14 00:00:00

The board of directors of Shahjalal Islami Bank held its 379th meeting recently at the bank's corporate head office. The meeting was chaired by Mohammed Younus, vice-chairman of the board. Managing Director Mosleh Uddin Ahmed and Company Secretary Md Abul...

China to kick off 1 trillion yuan stimulus bond issues this week

2024-05-14 00:00:00

SHANGHAI/BEIJING, May 13 (Reuters): China's finance ministry said on Monday it would start the long-awaited sales of long-term special treasury bonds that Beijing hopes will help stimulate key sectors of a flagging economy this week.The finance ministry confirmed what four...