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Israel, Hamas hint no deal imminent

2024-02-29 00:00:00

JERUSALEM, Feb 28 (AP/AFP): Israel and Hamas on Tuesday played down chances of an imminent breakthrough in talks for a ceasefire in Gaza, after U.S. President Joe Biden said Israel has agreed to pause its offensive during the Muslim holy...

IU Saddam Hussain Hall plagued with problems

A CORRESPONDENT | 2024-02-29 00:00:00

ISLAMIC UNIVERSITY, Kushtia, Feb 28: The Saddam Hossain Hall in Islamic University (IU) has been plagued by various problems for a long time, causing immense sufferings for students.Although students have repeatedly made complaints, the hall provost has not taken any...

Man gets life-term for raping university student in Khulna

2024-02-29 00:00:00

KHULNA, Feb 28 (UNB): A tribunal in the district on Wednesday sentenced a man to life-term imprisonment for raping a university student in 2023.Khulna Women and Children Repression Tribunal Judge Abdus Salam Khan found Rafi Islam, son of Mohammad Zahirul...

BSMRAAU celebrates 5th founding anniversary

OUR CORRESPONDENT | 2024-02-29 00:00:00

LALMONIRHAT, Feb 28: The 5th founding anniversary of Bangabandhu Sheikh Mujibur Rahman Aviation and Aerospace University (BSMRAAU) was celebrated here on Wednesday morning amid much enthusiasm.Chief of Air Staff of Bangladesh Air Force Air Chief Marshal Shaikh Abdul Hannan, BBP,...

Two bridges in Faridganj unfit for traffic

OUR CORRESPONDENT | 2024-02-29 00:00:00

CHANDPUR, Feb 28: Two very important bridges in Faridganj upazila of the district have become dilapidated for a long time, which may collapse any time causing a fatal accident.The bridges that were built over the Dakatia river many years ago...

Rise of unplanned urbanisation

Md Khairul Islam, Shanawez Hossain, Abdallah Naeefy, Fahim Uddin Shuvo, Ishrat Islam, Khondker Neaz Rahman, Md Akter Mahmud, Mohammad Mainul Islam, Mohammad Yunus, and Mohammed Nabinur Rahman | 2024-02-29 00:00:00

Over the recent past years, the pace of urbanisation in Bangladesh has been growing at a very fast pace. This is manifested in the increasing number of urban settlements, both large and small, and the growing number of people residing...

Saving Sundarbans

2024-02-29 00:00:00

Sundarbans is the world's largest mangrove forest, which is a natural blessing for Bangladesh. This forest, a reservoir of biodiversity, consistently shields us against all terrible natural calamities such as floods and cyclones. However, the most alarming aspect of the...

Unfair practices targeting university admission seekers

2024-02-29 00:00:00

As the RU admission test for the 2023-24 academic year approaches on March 5, 6 and 7, a pervasive challenge extends beyond the examination hall for candidates. The journey to the exam centre is fraught with the inconvenience of skyrocketing...

Role of diplomatic missions in promoting trade

Mir Mostafizur Rahaman | 2024-02-29 00:00:00

Since the inception of the diplomatic activities, diplomats are assigned to promote trade and investment.In ancient Roman empire emissaries were sent to countries like Egypt to secure grain imports. And colonial powers like Britain, France, Netherlands, and Portugal sent representatives...

Consumers' rights a far cry

Atiqul Kabir Tuhin | 2024-02-29 00:00:00

In a time when the lives of ordinary people are being battered mercilessly by the skyrocketing prices of essentials as the food inflation rate has been increasing non-stop for the last 18 months, major political parties, unfortunately, are trading blame...

Extension of trade benefits for LDCs

2024-02-29 00:00:00

The journey for a Least Developed Country (LDC) on way to a United Nations (UN)-set development milestone is long and tortuous. But once the criteria have been attained, it is a momentous event to celebrate for the nation concerned. Bangladesh...

Role of youth in fostering sustainable entrepreneurship

Sayed Saikh Imtiaz and Ifterkharul Amin Shatil | 2024-02-29 00:00:00

In recent years, Bangladesh has witnessed the emergence of a compelling cases in sustainable entrepreneurship, thanks to the Sustainable Enterprise Project (SEP) funded by the World Bank and the Palli Karma-Sahayak Foundation (PKSF) with the help of the Government of...

Ramadan . . . prices, unscrupulous traders, syndicates

Syed Badrul Ahsan | 2024-02-29 00:00:00

Ramadan will be here soon, a season which will test Muslims' religiosity through the month of fasting. For Muslim families in Bangladesh, poor as well as middle class, it will once again be a month of worry. The worry has...

Electric vehicles are climate-friendly but not a cure-all solution

Mohammad Abu Yusuf | 2024-02-28 12:00:00

Electric vehicles (EVs) are considered climate-friendly alternatives to internal combustion engine (ICE) vehicles. EVs can limit ecological damage, reduce smog (mix of smoke and fog i.e., air pollution) and protect public health. Driving an EV (i.e., battery operated car i.e.,...

Criteria for MD, CEO appointment tightened

FE REPORT | 2024-02-28 00:00:00

Bangladesh Bank (BB) has tightened eligibility criteria for appointing or re-appointing managing director (MD) and chief executive officer (CEO) in banks by fixing minimum age limit of 45 years.The maximum age for the top executive has been fixed at 65...

Moody's upgrades Social Islami Bank's outlook as stable

FE REPORT | 2024-02-28 00:00:00

The Moody's Investors Service in its latest report has affirmed Social Islami Bank PLC's credit rating and revised its outlook from 'negative' to 'stable'.The decision to upgrade the bank's outlook reflects Moody's confidence in the bank's funding and liquidity stability...

Pulses, onion, garlic pricier further

FE REPORT | 2024-02-28 00:00:00

Kitchen items like pulses, onion and garlic have become pricier further, thereby heightening consumer sufferings ahead of the upcoming holy Ramadan.Indian pea (khesari), lentil, anchor pulses (Australian green pea) and chickpea witnessed Tk 10-15 a kg further hike in the...

SC orders private universities to pay 15pc income tax

FE REPORT | 2024-02-28 00:00:00

The Supreme Court has mandated that private universities in Bangladesh must pay a 15-percent tax on their earnings. The Appellate Division of the Supreme Court, on Tuesday, paved the way for the National Board of Revenue (NBR) to collect income...

Creative IP copyright reg still lower in BD

SAIF UDDIN | 2024-02-28 00:00:00

Copyright registration of creative intellectual property (IP) like literary works, music and computer software remains lower than expected in Bangladesh mainly due to unawareness, according to stakeholders.They say copyright registration with the authorities concerned is crucial to ensure that authors...

ADP execution rate at 14-yr low

FHM HUMAYAN KABIR | 2024-02-28 00:00:00

Development works lose gear as ADP implementation recorded an annualised rate of only 27.11 per cent during first seven months of this fiscal by official count-the lowest in 14 years.Officials said Tuesday the execution rate of the Annual Development Programme...

Return submission deadline extended until April 30

FE REPORT | 2024-02-28 00:00:00

The National Board of Revenue has further extended the deadline for submission of corporate-tax returns by two months until April 30 next, according to an order issued by the NBR on Tuesday.The deadline was scheduled to expire today (Wednesday), following...

Welfare-oriented mega projects to get priority

FE REPORT | 2024-02-28 00:00:00

Keeping in mind the benefits people have been enjoying from large infrastructures like Metro Rail and Padma Bridge, the government will also prioritise funding in the next fiscal budget for implementation of more mega-projects, officials have said.The finance officials have...

PM asks police to serve people, control terrorism, corruption

2024-02-28 00:00:00

Prime Minister Sheikh Hasina asked on Tuesday the Bangladesh Police to intensify their efforts in eradicating militancy, terrorism, drug abuse, and corruption, reports UNBShe said these actions are pivotal for the nation's peace, stability, and future prosperity.Speaking at the inauguration...

Prayer Timings (2024-02-28)

2024-02-28 00:00:00

Boats carrying winter vegetables through the Buriganga

2024-02-28 00:00:00

Boats carrying winter vegetables through the Buriganga to Shyambazar wholesale market in the capital from its surrounding areas on Tuesday. Green vegetables have risen in price in recent weeks. — FE photo by Shafiqul Alam

Currency swapping continues to replenish reserves

FE REPORT | 2024-02-28 00:00:00

The upward trend in the foreign-currency (forex) reserve continues as the Bangladesh Bank (BB) has so far bagged $588 million from a dozen of commercial banks through a currency-swap mechanism.Official sources at the BB said the central bank purchased the...

Central bank skips vital bank data publication

JUBAIR HASAN | 2024-02-28 00:00:00

Assessing financial health of banks has lately become difficult as the central bank has stopped publication of some relevant data, including their interest- rate and spread variables, for four months now, sources said.Bangladesh Bank (BB) has ceased releasing such key...

Plurilateral deal on investment facilitation faces opposition

ASJADUL KIBRIA, FROM ABU DHABI | 2024-02-28 00:00:00

More than six years ago, the 11th Ministerial Conference of the World Trade Organization (WTO) ended without any progress on critical issues but three plurilateral initiatives.Six years later, one of the initiatives is now almost at the final stage of...

China proposes deals on economic policy, green-carbon development

MIR MOSTAFIZUR RAHAMAN | 2024-02-28 00:00:00

Bangladesh and China are in discussion on signing two accords on 'cooperation on economic development policy' and 'promoting green and low- carbon development' during prime minister's anticipated Beijing trip, highly placed sources said.Recently, China forwarded drafts of the memorandum of...

Gas price for power production rises, electricity hike soon

M AZIZUR RAHMAN | 2024-02-28 00:00:00

Gas tariffs for power plants were raised by 5.36 per cent and the rate for captive power plants hiked 2.5-percent in an executive order issued Tuesday by the government while electricity-price hike comes soon. The gas-rate rise, with retrospective effect...