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Govt employees' main duty is to serve people

2024-09-05 00:00:00

Education Adviser Wahiduddin Mahmud has said the main responsibility of the government employee is to serve the country's people, reports UNB."Government employees should have accountability in all spheres alongside showing their responsibility," he said.The adviser made the remarks while addressing...

SCBA president wants reform in judiciary

FE REPORT | 2024-09-05 00:00:00

Supreme Court Bar Association (SCBA) President Barrister AM Mahbub Uddin on Wednesday said that the country's judiciary needs a large scale reform. He further said, "Awami League government directly controlled the judiciary in last 16 years. Political consideration influenced trials...

Experts suggest precise plans to tackle situation

FE REPORT | 2024-09-05 00:00:00

Experts and stakeholders have suggested taking precise plans to address the post-flood situation, as waterborne diseases have started spreading fast across the affected regions after floodwaters have begun receding.Waterborne diseases like diarrhoea, skin disease and infection as well as diseases...

Youth shot dead in 'gunfight' at Mohammadpur Geneva Camp

2024-09-05 00:00:00

A 32-year-old man was shot dead in a reported gunfight between two groups at Geneva Camp in the capital's Mohammadpur area on Wednesday.The deceased was identified as Md Manu, son of Md Babul.Inspector Bachhu Mia, in-charge of Dhaka Medical College...

Two killed in stabbing at Pabna bus terminal over alleged drug dispute

2024-09-05 00:00:00

Pabna, Sept 4 (UNB):Two men were killed in a stabbing incident early Wednesday morning near the central bus terminal in Pabna, allegedly over a drug-related dispute. The attack occurred in front of Halim Hotel in the terminal area, leaving 45-year-old...

EC holds media briefing today

2024-09-05 00:00:00

The Election Commission (EC) headed by Kazi Habibul Awal has called a media briefing amid measures taken by the interim government to reform the constitutional body after the student-led mass uprising, report agencies.The commission is scheduled to hold a courtesy...

Indian envoy optimistic about future of Dhaka-Delhi ties

2024-09-05 00:00:00

The High Commission of India hosted a send-off event on Wednesday for Bangladesh students who are leaving for India to pursue higher studies on ICCR scholarship, reports UNB.Indian High Commissioner to Bangladesh Pranay Verma expressed optimism about the future of...

BNP gives Tk 130m to flood victims

FE REPORT | 2024-09-05 00:00:00

Bangladesh Nationalist Party (BNP) has distributed relief materials worth over Tk 130 million to flood-affected people. BNP's Standing Committee Member Dr A Z M Jahid Hossain, also the head of the party's relief collection committee, told this while talking to...

Govt to purchase LNG from int'l spot mkt thru' open tender

2024-09-05 00:00:00

The government will now purchase LNG from the international spot market through open tender instead of negotiation.Cabinet Committee on Economic Affairs (CCEA) in a meeting on Wednesday in principle approved a proposal in this regard, report UNB.Adviser of the interim...

Body on cards to review energy deals

2024-09-05 00:00:00

Interim government's Adviser for Power and Energy Dr Muhammad Fouzul Kabir Khan has said that a committee will be formed consisting of judges to review the deals in the power and energy sector signed during the previous Awami League government,...

ILO report warns of stagnant wages, unemployment crisis

2024-09-05 00:00:00

The International Labour Organization (ILO) finds upward pressure on inequality as the labour income share stagnates and a large share of youth remains out of employment, education or training, according to a report released on Wednesday.In its newly-released World Employment...

ACC launches probe into former army chief Aziz

FE REPORT | 2024-09-05 00:00:00

The Anti-Corruption Commission (ACC) launched probe into former chief of army staff, and retired General, Aziz Ahmed and former Member of Parliament from Feni, Nizam Uddin Hazari, on the allegations of amassing huge wealth and misusing their power.The ACC has...

Lutfe Siddiqui made special envoy to CA

2024-09-05 00:00:00

Lutfe Siddiqui has been appointed special envoy on international affairs to Chief Adviser Professor Muhammad Yunus.The Cabinet Division Wednesday issued a notification to this end, reports BSS.While holding the post of "Chief Advisers' Envoy on International Affairs", Siddiqui will enjoy...

BNP wants national govt, bicameral parliament, says Tarique Rahman

2024-09-05 00:00:00

Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman Wednesday said with the support of the people, BNP wants to see that the country will be run through "national government" system while bicameral parliament system will be incorporated in the constitution...

Call for auditing all contracts freely

FE REPORT | 2024-09-05 00:00:00

The International Business Forum of Bangladesh (IBFB) has exhorted the interim government to conduct independent audits of all projects and contracts in the power and energy sector to address irregularities.At a seminar styled 'Challenges in Reforms in Energy and Power...

Prayer Timings (2024-09-05)

2024-09-05 00:00:00

Salman out as BB reconstitutes IFIC board

FE REPORT | 2024-09-05 00:00:00

The Bangladesh Bank (BB) has dissolved the board of IFIC Bank, led by controversial industrialist Salman F Rahman, and reconstituted a six-member board to run it.It restructured the board on Wednesday with a view to protecting the interests of the...

RMG factories reopen today as joint forces to beef up security

FE REPORT | 2024-09-05 00:00:00

BGMEA said all garment factories across the country would remain open today (Thursday) as law-enforcing agencies would provide the required security in different industrial zones amid the joint forces' drive beginning from Wednesday night.A total of 167 readymade garment factories...

A patriarch in banking domain brings doom thru excesses

SIDDIQUE ISLAM | 2024-09-05 00:00:00

A self-imposed patriarch in banking made normal operations of the private-sector banks in Bangladesh difficult during ousted prime minister Sheikh Hasina's rule through excesses like forced donation and money-market distortions, bankers say.Bankers say Nazrul Islam Mazumder's reign was marked by...

Nationwide "Shaheedi March" today

2024-09-05 00:00:00

Today marks one month since the fall of the Sheikh Hasina regime, and the Anti-discrimination Student Movement has announced a nationwide event titled "Shaheedi March" to honour the martyrs of the uprising, reports UNB.The central march will begin at 3...

Economically unviable Bangabandhu Satellite-01 cited as white elephant

FHM HUMAYAN KABIR | 2024-09-05 00:00:00

Bangabandhu Satellite-01 is a white elephant of the country as it is one of the economically unfeasible schemes executed by the Sheikh Hasina government, according to insiders.Most of the bands of the satellite remained unutilised and revenue earnings were so...

Three troubleshooting taskforces to resolve crises, liquidity crunch

FE REPORT | 2024-09-05 00:00:00

No more central-bank liquidity support to weak banks by printing money rather temporary assistance will be facilitated through the interbank money market, with the regulator acting as guarantor.Bangladesh Bank's new Governor, Dr Ahsan H. Mansur, reaffirmed the stance while spelling...

CA urges secys to help rebuild country

FE REPORT | 2024-09-05 00:00:00

Government secretaries ought to reform their traditional mindset and work with ingenuity in running the administration, says Chief Adviser Muhammad Yunus while arming a new-look bureaucracy with directions to 'rebuild' Bangladesh. "Consultation must be held and opinions should be taken...

Cocoa slides below 5,000 pounds a tonne

2024-09-05 00:00:00

LONDON, Sept 4 (Reuters): London cocoa futures slid to a six-and-a-half-month trough below 5,000 pounds a tonne on Wednesday amid forecasts for above average rainfall in West Africa, while robusta coffee rallied.December London cocoa fell 3.4 per cent to 4,998...

Cathay Pacific A350 fleet to resume full service by Saturday after repairs

2024-09-05 00:00:00

Cathay Pacific Airways said it would return all Airbus A350s to operation by Saturday following engine fuel lines repairs, while other airlines were waiting for guidance from manufacturer Rolls-Royce on whether they needed to inspect their engines, reports Reuters.Several Asian...

LME announces measures to boost electronic trading

2024-09-05 00:00:00

LONDON, Sept 4 (Reuters): The London Metal Exchange (LME) unveiled a set of proposed measures on Wednesday designed to boost liquidity in electronic trading while also seeking to protect its complex structure used for deals in physical metal.The exchange released...

Ethanol push turns India into corn importer, shaking up global market

2024-09-05 00:00:00

MUMBAI, Sept 4 (Reuters): A push by India to make more corn-based ethanol has turned Asia's top corn exporter into a net importer for the first time in decades, squeezing local poultry producers and scrambling global supply chains.The jump in...

Gold prices extend declines to 2-week low on equities sell-off

2024-09-05 00:00:00

Gold prices extended declines to a two-week low on Wednesday as a sharp sell-off in equities forced a rush to cover margin calls, adding pressure on bullion ahead of keenly awaited non-farm payrolls data due later this week, reports Reuters.Spot...

Oil slips again on demand concerns, possible end to Libya row

2024-09-05 00:00:00

LONDON, Sept 4 (Reuters): Oil prices fell slightly on Wednesday, hovering at their lowest levels since December after plunging more than 4 per cent the previous day on signs of a weak global economy, lacklustre oil demand, and expectations of...

Chinese Embassy, ABCA give food items to flood victims in Feni

2024-09-05 00:00:00

Association of Bangladesh China Alumni (ABCA) in association with Chinese Embassy has distributed cooked food and monthly food packs among the 12,500 flood-affected people in Feni, says a press release.Flood victims of Sonagazi, Fulgazi, Parshuram, Daganbhuiyan, Chhagalnaiya and Feni Sadar...