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'CA does not intend to be declared as nat'l reformer'

2025-07-16 00:00:00

Chief Adviser (CA) press wing on Tuesday stated that Chief Adviser (CA) Professor Muhammad Yunus does not intend to be declared as national reformer and the government too does not has any plan to confer any such title on him,...

Abu Sayeed's killing sparks outrage, triggers uprising

2025-07-16 00:00:00

The 16th July last year was marked with fierce clashes between Bangladesh Chhatra League ((now banned student wing of fascist Awami League), police and anti-discrimination student movement protesters across the country, leaving at least six people, including Abu Sayeed, dead...

BNP alleges conspiracy to delay polls by destabilising law and order

2025-07-16 00:00:00

BNP Standing Committee Member Dr AZM Zahid Hossain on Tuesday alleged that a conspiracy is underway to delay the national election by deteriorating the law and order situation in a planned way, reports UNB."There is a clear conspiracy… if the...

Appeal soon for total repeal: Dr Badiul Alam

FE REPORT | 2025-07-16 00:00:00

Dr Badiul Alam Majumdar, Member of the National Consensus Commission and also Secretary of Sushashoner Jonno Nagorik (Shujan), on Tuesday said an appeal petition would be filed soon with the Appellate Division of the Supreme Court, seeking complete repeal of...

Israeli strikes kill at least 31 in Gaza as UN agencies warn of fuel crisis

2025-07-16 00:00:00

Israeli strikes across the Gaza Strip overnight killed at least 31 people, according to local hospitals, as U.N. agencies warned on Monday that critical fuel shortages put hospitals and other critical infrastructure at risk, reports AP.The latest attacks came after...

BRAVING RAIN FOR LIVELIHOOD

2025-07-16 00:00:00

A rickshaw-puller pedals through heavy rain in the capital's Motijheel area on Tuesday, covering himself with a plastic sheet and a hat for protection. With little choice but to work in all weather conditions, many like him endure daily hardships...

First Security Islami Bank MD removed

FE REPORT | 2025-07-16 00:00:00

First Security Islami Bank PLC has formally removed its managing director (MD) Syed Waseque Md Ali on allegations of loan scams.The decision was made by the bank's board after receiving formal approval from the Bangladesh Bank on Tuesday, said a...

Another arrested in Mitford murder case

FE REPORT | 2025-07-16 00:00:00

RAB arrested another suspect in connection with the brutal murder of Lal Chand Sohag, who was killed in front of the city's Mitford Hospital.Eight out of nineteen accused in the murder case have been arrested so far.RAB-11 Commanding Officer Lt...

HRC Group Chairman passes away

2025-07-16 00:00:00

Sayeed Hossain Chowdhury, chairman of HRC Group, passed away on Tuesday while undergoing treatment at a hospital in Dhaka, reports UNB.His personal secretary Md. Sohel confirmed the news.Chowdhury was the eldest son of Hedaet Hossain Chowdhury, the founder chairman of...

Central bank buys $313m in fresh move

SIDDIQUE ISLAM | 2025-07-16 00:00:00

In a renewed effort to stabilise the exchange rate of the US dollar against the Bangladesh Taka (BDT), the central bank stepped into the foreign-exchange market once again on Tuesday, with a buy of US$313 million through an auction.This marked...

Referendum needed for caretaker govt system change: Ali Riaz

FE REPORT | 2025-07-16 00:00:00

National Consensus Commission (NCC) Vice Chairman Prof Ali Riaz has said a referendum would be required for any future change to the caretaker- government system in the Constitution. "Political parties have agreed to restore the caretaker government provision in the...

Yunus invited for Vatican inter-religious discussions

FE REPORT | 2025-07-16 00:00:00

Archbishop Kevin S. Randall, the Apostolic Nuncio (Ambassador of the Holy See), has extended an invitation to Chief Adviser Prof Muhammad Yunus for an inter-religious dialogue scheduled for September 6-12 in Vatical City.Archbishop Randall called on the Chief Adviser on...

Exports of Hilsa to India dip despite robust output

JASIM UDDIN | 2025-07-16 00:00:00

Despite achieving record Hilsa production in recent years, Bangladesh is witnessing a sharp decline in exports of the prized fish to India, its largest foreign market, official data show.According to figures from the Export Promotion Bureau (EPB), Hilsa exports to...

Prayer Timings (2025-07-16)

2025-07-16 00:00:00

Businesses air concerns over US tariff hike

FE REPORT | 2025-07-16 00:00:00

Expressing grave concerns, top business leaders Tuesday suggested government's strong negotiations with the USA so that the US tariffs on 'made-in-Bangladesh' goods do not exceed the rates of its competitor countries. They also requested the authorities concerned not to keep...

Indemnity-covered IPPs deals being reevaluated

FE REPORT | 2025-07-16 00:00:00

Government move gets going for recasting the agreements signed on independent power plants during the Awami League regime under cover of a sort of indemnity law providing for unsolicited deals.Finance Adviser of the current interim government Dr Salehuddin Ahmed Tuesday...

Rice at Tk 15 from Aug for 5.5m families

FE REPORT | 2025-07-16 00:00:00

The government is starting its special programme in August to sell rice at Tk 15 a kg to around 5.5 million poor families across Bangladesh.This move comes as rice prices have been increasing sharply over the last five weeks. To...

14 defiant NBR officials suspended

FE REPORT | 2025-07-16 00:00:00

The government has suspended a total of 14 officials, mostly mid-level ones, of the National Board of Revenue (NBR) for allegedly defying high-ups' directives. To this effect, the NBR on Tuesday issued 14 separate orders, signed by NBR chairman Md...

July Shaheed Day today

2025-07-16 00:00:00

The government will observe state mourning today to mark 'July Shaheed Day' (July Martyrs' Day), reports UNB.The Cabinet Division issued a notification in this regard on Tuesday.According to the notification, the government has decided to observe the day as state...

SDF rate cut to 8.0pc to rescue call-money mkt

JUBAIR HASAN | 2025-07-16 00:00:00

Policymakers bill it as a major monetary-policy change as the central bank cuts the standing deposit facility (SDF) rate by 50 basis points to 8.0 per cent trying to revitalize the sagging call-money market.Monetary policy department (MPD) of the Bangladesh...

TRUST BANK HOSTS WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'

2025-07-16 00:00:00

Trust Bank organised a comprehensive daylong workshop titled "Prevention of Money Laundering & Combating Financing of Terrorism (AML & CFT)" at the Trust Bank Training Academy recently. Hasna Hena Chowdhury, Deputy Managing Director (DMD) and Chief Anti-Money Laundering Compliance Officer...

UCB SIGNS MOU WITH NATIONAL PENSION AUTHORITY

2025-07-16 00:00:00

United Commercial Bank PLC (UCB) has signed a Memorandum of Understanding (MoU) with the National Pension Authority (NPA) recently. Under this strategic partnership, UCB will act as a Banking Service Provider for the Universal Pension Scheme (UPS), enabling seamless collection...

CITIZENS BANK OPENS SUB-BRANCH IN NARAYANGANJ

2025-07-16 00:00:00

Alamgir Hossain, Managing Director, Citizens Bank PLC, inaugurated the bank's Tanbazar Sub-Branch in Narayanganj recently in presence of Deputy Managing Directors Md Mostafizur Rahman and Md Abdul Latif and other high officials of the bank. M Solaiman, President, Narayanganj Club,...

STANDARD BANK HOLDS 413TH BOARD MEETING

2025-07-16 00:00:00

The 413th Board Meeting of Shari'ah-based Standard Bank PLC was held at the bank's Head Office in Dhaka on Tuesday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. It was attended by Vice Chairman A...

Kaptai's power plant generates 218 MW due to increase of lake water

2025-07-16 00:00:00

RANGAMATI, July 15 (BSS): The Kaptai Karnaphuli Hydropower Station is currently generating 218 MW of electricity, its highest output this season, due to increased water levels in Kaptai Lake following recent rainfall.With the increase of water in Kaptai Lake, five...

Canada keen to expand sustainable trade, investment in Bangladesh

2025-07-16 00:00:00

Canada has expressed keen interest in expanding sustainable trade and investment ties with Bangladesh, as part of its commitment to fostering inclusive growth across the Indo-Pacific region, reports BSS.Weldon Epp, Assistant Deputy Minister (ADM) for the Indo-Pacific at Global Affairs...

Yield on T-bonds drops due to banks’ rush for investments

FE REPORT | 2025-07-16 00:00:00

The yield on five-year Bangladesh Government Treasury Bonds (BGTBs) dropped significantly on Tuesday as banks expressed willingness to invest their excess liquidity in the risk-free securities. The cut off yield, generally known as interest rate, on the BGTBs came down...

Foreign aid pledges for NGOs slip amid surge in disbursements

SAIF UDDIN | 2025-07-16 00:00:00

Foreign donors have slightly scaled back their funding commitments for NGOs operating in Bangladesh, even as actual disbursements rose significantly in the last fiscal year amid growing humanitarian needs across the country.According to the NGO Affairs Bureau (NGOAB), the total...

Shares gain ahead of key US earnings and data

2025-07-16 00:00:00

LONDON, July 15 (Reuters): Shares climbed worldwide and the dollar held onto most of its July gains on Tuesday as market participants entered a key week for US earnings, inflation data and trade talks in a relatively optimistic mood.MSCI's world...

Rupali Bank PLC’s Managing Director Kazi Md. Wahidul Islam presides over a business review meeting

2025-07-16 00:00:00

Rupali Bank PLC’s Managing Director Kazi Md. Wahidul Islam presides over a business review meeting at the state-owned bank’s head office at Dilkusha in the city on Tuesday.