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100 more acres of forest land recovered

OUR CORRESPONDENT | 2024-08-31 00:00:00

CHATTOGRAM, Aug 30: The Forest Department has successfully recovered another 100 acres of forest land in Sukhbilas area under Padua union at Rangunia in Chattogram.The land had been under the control of Ershad Mahmud, the younger brother of former foreign...

Dr Yunus, Shahbaz stress need for revitalising SAARC

FE REPORT | 2024-08-31 00:00:00

Pakistan Prime Minister Muhammad Shehbaz Sharif and Chief Adviser Professor Muhammad Yunus on Friday stressed the need for revitalising SAARC.The issue came up when the Pakistan Prime Minister called the Chief Adviser over the telephone on Friday.The Prime Minister of...

Chief Adviser sits for talks with political parties today

2024-08-31 00:00:00

As part of the interim government's activities, Chief Adviser Muhammad Yunus will sit with representatives from the major political parties today (Saturday), reports bdnews24.com.The chief advisor's schedule shows a five-hour block of time from 3pm to 8pm on Saturday for...

Net sales of savings tools post negative growth in June

SAJIBUR RAHMAN | 2024-08-31 00:00:00

The net sales of state-run savings instruments in June showed a negative growth of Tk 33.81 billion over the matching period of the last year due to the prevailing higher rate of encashment than the investment. The substantial negative growth...

Families demand victims’ return

2024-08-31 00:00:00

The families of enforced-disappearance victims during the 15-year reign of Sheikh Hasina gathered at the Central Shaheed Minar Friday to demand their return, reports bdnews24.com.They demanded they be returned soon. They have also demanded that former prime minister Sheikh Hasina,...

Traders see mkt stable as govt able to curb extortion

FE REPORT | 2024-08-31 00:00:00

The recent floods in at least 11 districts, triggered by heavy rainfall and hill slopes, have submerged crops in vast areas.However, as floodwaters start to recede, the supply of raw vegetables and other essential products in the capital markets remains...

Briefing 2024-08-31

2024-08-31 00:00:00

Prayer Timings (2024-08-31)

2024-08-31 00:00:00

A mother navigates deep water with relief materials on her hands

2024-08-31 00:00:00

A mother navigates deep water with relief materials on her hands while juggling her baby in the flood-affected Burichang upazila of southern Cumilla district on Friday. — Focus Bangla

Sr professors to stand in for absent VCs

2024-08-31 00:00:00

The education ministry has instructed senior professors to take on urgent administrative and financial responsibilities in the absence of vice-chancellors, pro-vice-chancellors, and treasurers at public universities, reports bdnews24.com.A letter from the ministry's Secondary and Higher Education Division, issued on Thursday,...

India will work with Yunus-led govt, says Jaishankar

2024-08-31 00:00:00

India's External Affairs Minister S Jaishankar has emphasised that India will engage with "the government of the day" in Bangladesh and will try to identify and pursue areas of mutual interest, reports bdnews24.com.He made the comments during the launch event...

UN fact-finders due soon as advance team ends mission

FE REPORT | 2024-08-31 00:00:00

The UNHRC will deploy a fact-finding team in Bangladesh in the coming weeks to report recent rights violations and abuses during student protests as the UN advance team ended its mission last week.The fact-finders will analyse root causes and make...

Many relegated to lower-quality residences, food recipe

FHM Humayan Kabir | 2024-08-31 00:00:00

A degrading standard of living amid higher inflation and housing costs forces many to rent small homes or shared ones especially in towns and cities, besides compromising on food intake, analysts say and official findings attest.The tenants across the country...

Large lacuna shows BBS miscalculation of economic growth

JASIM UDDIN HAROON | 2024-08-31 00:00:00

A large lacuna exposes BBS miscalculation of Bangladesh's economic growth as its latest report shows some Tk590 billion was missed out in the GDP count last fiscal year. The Bangladesh Bureau of Statistics (BBS) report launched Thursday revealed such discrepancies...

BD unlikely to reroute external trade through Indian ports

SYFUL ISLAM | 2024-08-31 00:00:00

Bangladesh government won't encourage businesses to use Indian ports for rerouting export-import trade as no special facility comes therefrom and a local deep-sea port is forthcoming, sources say. Vessel traffic from the under-construction Matarbari deep-sea port is not far off...

Asia markets climb

2024-08-31 00:00:00

Asia-Pacific markets climbed Friday after economic data from the US calmed recessionary fears, while investors also assessed a slew of data from Japan, reports CNBC.Initial jobless claims in the US fell to 231,000 from the prior week's 232,000, but were...

China state banks buying dollars amid rapid yuan gains

2024-08-31 00:00:00

SHANGHAI/BEIJING (Reuters) - Major state-owned banks were buying dollars in China's onshore foreign exchange market on Friday to slow down a rising yuan, four people with knowledge of the matter said.The banks' actions come as the yuan strengthened to an...

Global bond funds gain solid inflows amid rate-cut expectations, ME tensions

2024-08-31 00:00:00

Global bond funds attracted the biggest weekly inflow in six weeks in the seven days to August 28, buoyed by heightened purchases of government bonds amid anticipation of a September Fed rate cut and ongoing Middle East tensions, reports Reuters.According...

Nazrul Islam Swapan new chairman of EXIM Bank

2024-08-31 00:00:00

Md Nazrul Islam Swapan, a prominent businessman and industrialist, was unanimously elected as the Chairman of the Board of Directors of EXIM Bank at the 174th Emergent Board Meeting of the bank held on Friday, says a press release.Earlier, he...

BATBC tops weekly turnover chart

FE REPORT | 2024-08-31 00:00:00

British American Tobacco Bangladesh (BATBC) dominated the weekly turnover chart this week for the first time in more than two years, while ten most-traded firms accounted for 37 per cent of the transactions on the Dhaka Stock Exchange (DSE). Being...

Stocks rebound on back of regulatory measures

FE REPORT | 2024-08-31 00:00:00

The equity benchmark index bounced back in the outgoing week after two weeks of losses, as buoyant investors put fresh bets on shares, riding on renewed optimism spurred by market supportive measures.This week, the regulator took a series of actions,...

Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

2024-08-31 00:00:00

FRANKFURT, Germany (AP): Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S. Federal Reserve...

Meghna Life AGM approves 15 per cent diviend

2024-08-31 00:00:00

The 28th Annual General Meeting (AGM) of Meghna Life Insurance Company Limited was held on a digital platform on Thursday with the company's Chairman Nizam Uddin Ahmed in the chair, says the company in a statement.The AGM approved 15 per...

Hilsa scarcity hits Khulna markets despite peak season; prices soar

2024-08-31 00:00:00

Khulna, Aug 30 (UNB): Despite the ongoing peak season for hilsa, the prized fish is conspicuously absent from Khulna's markets, leaving both buyers and sellers in a difficult situation.Prices have skyrocketed, making it increasingly difficult for ordinary consumers to afford...

Garment industry short on cotton as floods worsen protest backlog

2024-08-31 00:00:00

Garment factories in Bangladesh, one of the world's biggest clothing production hubs, are struggling to complete orders on time as flooding disrupts their cotton supplies - exacerbating a backlog caused by recent political turmoil, reports Reuters.Bangladesh is a leading global...

Vietnam Diary

Jackie Kabir | 2024-08-31 00:00:00

As I drive through Gulshan road 24 everyday, the big posters of vast paddy fields, a winding bridge held by two gigantic palms and a water body with sprouting mossy hills allure me to visit the places. They are all...

Insatiable craving for money and power is at the root of all evils

Nilratan Halder | 2024-08-31 00:00:00

In his seminal novel, Lord of the Flies, William Golding has shown how innocence transforms into crudity, generosity into selfishness, cooperation into conflict and peaceful cohabitation and camaraderie into domination and supreme authority. What begins as a genuine expression of...

Rashid Khan takes a break from Test cricket on medical advice

2024-08-31 00:00:00

Afghanistan legspinner Rashid Khan has taken a break from Test cricket on medical advice because of an "ongoing injury issue". He was hence not part of the 20-member preliminary Test squad to face New Zealand in the one-off Test in...

BCB to appoint audit firm for probe into possible irregularities

2024-08-31 00:00:00

Bangladesh Cricket Board (BCB) president Faruque Ahmed has said the board is actively considering appointing an audit firm to investigate potential irregularities during the tenure of former president Nazmul Hasan Papon, reports UNB.Faruque, the newly appointed BCB president, presided over...

Two-time champion Osaka falls to Muchova at US Open

2024-08-31 00:00:00

NEW YORK, Aug 30 (AFP): Naomi Osaka's return to the US Open ended in the second round on Thursday, but the two time champion said she felt "grateful" as she departed in the wake of a straight-sets loss to Karolina...