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Depositors desert BASIC with funds amid its merger troubles

REZAUL KARIM | 2024-05-11 00:00:00

Depositors are deserting the state-owned BASIC bank amid its merger troubles and the management seeks government intervention with bailout pending amalgamation with a private bank, sources said.Although the financial health remained poor previously following its loan scams, they said, the...

PPA seeks Tk 52b for new dredging scheme

SYFUL ISLAM | 2024-05-11 00:00:00

Another Tk 52 billion has been sought for dredging just after the spending of Tk 65 billion mostly from Bangladesh's scarce forex reserves for conducting capital-and-maintenance dredging of Payra seaport's Rabnabad channel.Some appear pessimistic in commenting on the port's viability...

BD win hard-fought game to extend lead

2024-05-11 00:00:00

Tigers won a hard-fought game against Zimbabwe after a lot of drama on the field, managing to restrict Zimbabwe below the target and extending their series lead to 4-0, report agencies.The hosts earned a five-run victory in the fourth game...

PM for cooperatives everywhere to boost agri production

2024-05-11 00:00:00

GOPALGANJ, May 10 (UNB): Prime Minister Sheikh Hasina on Friday stressed the need for cooperatives in every area throughout the country in order to boost agricultural production, alleviate poverty and create scope for micro-savings."Our (political) leaders should be sincere to...

David Slayton Meale named new US envoy to Bangladesh

2024-05-11 00:00:00

US President Joe Biden has nominated David Slayton Meale, currently Deputy Chief of Mission in Beijing, as the next US Ambassador to Bangladesh, reports UNB.The nomination has been sent to the Senate, according to the White House.David Meale of Virginia...

Consumer woes mount as key commodities pricier

FE REPORT | 2024-05-11 00:00:00

The misery of consumers has reached its peak as prices of most essentials, including fish, meat, eggs, vegetables and spices, saw a notable hike last week.Beef price sold at Tk 800-860 and Sonali chicken at Tk 390-420 a kg, eggs...

Weather (2024-05-11)

2024-05-11 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Dhaka, Mymensingh, Khulna, Barishal, Chattogram and Sylhet divisions and at a few places over Rajshahi and Rangpur divisions with hails at isolated places until 06:00...

News in Brief -2024-05-11

2024-05-11 00:00:00

Boy stabbed dead in teen-gang attack in Ctg An 18-year-old boy was stabbed to death and another injured in an attack allegedly by a teen gang in the port city of Chattogram on Thursday night. The dead, Md Mehedi Hasan,...

Ctg getting sewerage system after 53 yrs

NAZIMUDDIN SHYAMOL | 2024-05-11 00:00:00

CHATTOGRAM, May 08: The Chattogram Water Supply and Sewerage Authority (CWASA) is going to implement the sewerage system in the port city finally after 53 years into independence.The aim of the project is to address the sewerage disposal problem in...

22 more Covid-19 cases reported

2024-05-11 00:00:00

Bangladesh reported 22 more COVID-19 cases in the last 24 hours until Friday morning, reports UNB.With the new numbers, the country's total Covid-19 caseload rose to 2,050,134, according to the Directorate General of Health Services (DGHS).The official death toll from...

BD migrant 'commits suicide' in Dubai over family dispute

2024-05-11 00:00:00

A Bangladeshi expatriate from Cumilla has died in Dubai, a city in the United Arab Emirates. Locals allege that the migrant worker 'died by suicide' due to financial stress and a family dispute, reports bdnews24.com.The dead, Mohammad Farooq Sarker (35),...

Students to get punch cards next year: VC

2024-05-11 00:00:00

Dhaka University (DU) is set to introduce a card punch system at the entrance of residence halls next year to prevent outsiders and former students from residing in the dormitories, reports bdnews24.com.DU Vice chancellor Prof ASM Maksud Kamal revealed the...

Students seeking admission to 24 public universities

2024-05-11 00:00:00

Students seeking admission to 24 public universities coming out of an examination centre after appearing at the cluster entry test for Commerce unit (C-unit) for the 2023-24 academic session. The picture was taken from the city's Willes Little Flower School...

Country’s temperatures to start rising again from tomorrow

2024-05-11 00:00:00

After a month-long heatwave, Bangladesh saw some relief thanks to the rain. But this relief is likely to be short-lived, reports bdnews24.com.The Bangladesh Mete-orological Department says temperatures will start rising again from tomorrow (Sunday) and a heatwave is expected from...

AL peace, dev rally today

2024-05-11 00:00:00

A peace and development rally of Awami League (AL) will be held in front of Aarong in city's Mohammadpur area at 3:30pm today (Saturday), reports BSS.AL General Secretary and Road Transport and Bridges Minister Obaidul Quader today informed this at...

Europe is dev partner of BD, says Dipu Moni

2024-05-11 00:00:00

Social Welfare Minister Dr Dipu Moni has said that Europe is a proven friend and development partner of Bangladesh, reports BSS."Europe is a proven friend and development partner of Bangladesh. Last year, Bangladesh-EU bilateral relations crossed 50 years," she said.The...

AL wants to see human rights protected in US, Europe: Hasan

2024-05-11 00:00:00

Foreign Minister Hasan Mahmud on Friday said there is a necessity for all the countries to work together to improve human rights records, including in the United States and Europe, reports UNB."Look, the human rights situation in Bangladesh is much...

BNP will resort to terrorist acts if AL not in field: Quader

2024-05-11 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Friday said if their party leaders and workers don't stay in field, BNP will carry out terrorist activities in the name of holding rally, reports BSS....

AL can't sustain thru coercion, says BNP

FE REPORT | 2024-05-11 00:00:00

The ruling Awami League would not be able to remain in power by resorting to repression and suppression of opponents, said BNP standing committee member Gayeshwar Chandra Roy on Friday."You (government) won't stay in power whatever repression you unleash on...

PM pays tributes to Bangabandhu

2024-05-11 00:00:00

TUNGIPARA, Gopalganj, May 10 (BSS): Prime Minister Sheikh Hasina on Friday paid rich tributes and offered prayers at the mausoleum of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Tungipara in Gopalganj.She paid homage by placing a floral...

Briefing 2024-05-11

2024-05-11 00:00:00

Prayer Timings (2024-05-11)

2024-05-11 00:00:00

Govt eyes $500m WB loan by June to ease budget deficit

FHM HUMAYAN KABIR | 2024-05-11 00:00:00

The government is expecting $500 million in budgetary support from the World Bank (WB) within the current fiscal year of FY 2023-24 to help alleviate the budget deficit. Officials say the Washington-based multilateral lender is likely to confirm allocations of...

Biman pilot hiring riddled with irregularities

GULAM RABBANI | 2024-05-11 00:00:00

A probe body formed by the Ministry of Civil Aviation and Tourism has found allegations of irregularities in the 2022 recruitment process of 14 Boeing 777 pilots by Biman Bangladesh Airlines to be true.Complying with an earlier order, the probe...

Dollar dash fuels local-currency crunch in banks

JUBAIR HASAN | 2024-05-11 00:00:00

Pressure on local currency in banks seems rising on the cusp of major monetary changes that prompts the commercial lenders to go in desperate but cautious liquidity-boosting moves, bankers say.Following decisions to raise policy rate, introduce crawling peg system in...

News in Brief 2024-05-11

2024-05-11 00:00:00

Opposition leaders in Kashmir accuse govt of sabotaging their campaignsSRINAGAR (India), May 10: Opposition leaders in India's troubled Kashmir valley have accused Prime Minister Narendra Modi's administration of denying or cancelling permissions to hold campaign events, to help his party's...

Russia attacks Ukraine in new ground offensive

2024-05-11 00:00:00

KYIV, May 10 (AFP): Russia launched a surprise ground offensive into Ukraine's northeast Kharkiv region on Friday, putting its forces on the attack in a border zone Moscow's troops were pushed back from nearly two years ago.Civilians were told to...

India completes Maldives troop withdrawal

2024-05-11 00:00:00

MALÉ, Maldives, May 10 (AFP): India pulled out its last remaining soldiers stationed in the Maldives on Friday, meeting a deadline for their withdrawal that had strained ties between the two neighbours.Pro-China President Mohamed Muizzu won office last year while...

Iran warns it will change nuclear doctrine if ‘existence threatened’

2024-05-11 00:00:00

Iran could be pushed into building a nuclear weapon if Israel threatens its existence, an adviser to the country’s supreme leader has warned, reports Al Jazeera.“We have no decision to build a nuclear bomb but should Iran’s existence be threatened,...

Israeli artillery hits Rafah after truce talks end

2024-05-11 00:00:00

RAFAH (Palestinian Territories), May 10 (Agencies): Israel bombarded Gaza including Rafah on Friday after negotiators left truce talks in Cairo without a deal and a senior UN official said aid operations are now all but impossible.AFP journalists witnessed artillery strikes...