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None will be allowed to intrude through borders: Kamal

2024-02-23 00:00:00

Home Minister Asaduzzaman Khan Kamal on Thursday said that no one will be allowed to enter Bangladesh illegally through borders, reports UNB.He said this while replying to questions from reporters over the Myanmar issue at the Ministry of Home Affairs...

SC upholds HC bail to GK Shamim in arms case

FE REPORT | 2024-02-23 00:00:00

The Appellate Division of the Supreme Court on Thursday upheld a High Court order that on December 13 last year granted bail to expelled Jubo League leader Golam Kibria Shamim, popularly known as GK Shamim, in an arms case in...

Future of Indo-Bangla relations to depend on commitment of youths

2024-02-23 00:00:00

A 100-member Bangladesh Youth Delegation will be visiting India from February 25 to March 4, reports UNB.The High Commission of India, Dhaka hosted a flag-off ceremony for the delegation on Thursday.Interacting with the young delegates, Indian High Commissioner Pranay Verma...

Plan to hike power, fuel prices anti-people: BNP

2024-02-23 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi on Thursday slammed the government for its plan to increase the prices of electricity and fuel in March, labeling it as 'anti-people, and cruel', reports UNB."The government has planned to increase the...

Bangladesh moves forward with ideals of Language Movement: PM

2024-02-23 00:00:00

Prime Minister and Awami League (AL) President Sheikh Hasina on Thursday said that Bangladesh is moving forward with the ideals taught by the great Language Movement of 1952, reports BSS."No country can progress without ideals. And the Great Ekush (February...

Countries 'reaching beyond borders' to silence dissidents: HRW

2024-02-23 00:00:00

PARIS, Feb 22 (AFP) : Governments around the world are "reaching beyond their borders" to attack their own citizens abroad in order to crush dissent, Human Rights Watch said Thursday, urging more protection for them.The New York-based rights group said...

JU admission test begins

2024-02-23 00:00:00

JU CORRESPONDENTThe admission test of Jahangirnagar University (JU) for the academic year 2023-2024 began on Thursday. The 'A' unit exam under the Faculty of Mathematics and Physics and IIT took place on the first day of the admission test.A total...

Brief rainfall

2024-02-23 00:00:00

The capital and its contiguous areas saw a sudden, brief rainfall on Thursday afternoon. The snap shows passengers of a rickshaw trying to protect them from rain with a polythene sheet and a parasol. — FE photo by KAZ Sumon

Imran to urge IMF to call election audit

2024-02-23 00:00:00

ISLAMABAD, Feb 22 (Reuters) : Pakistan's jailed former prime minister Imran Khan will write to the IMF urging it to call for an independent audit of the country's controversial Feb. 8 national elections before it continues talks with Islamabad, his...

DoE director, wife die in city, raising concerns

2024-02-23 00:00:00

An official of the Department of Environment (DoE) and his wife have died due to sudden illness in the city, police said.But the reasons have remained unclear. Police said they need to wait to have a clear picture, reports UNB.The...

Jewellers want 10-year tax holiday for gold refiners

2024-02-23 00:00:00

Bangladesh Jeweller's Association (BAJUS) on Thursday urged the National Board of Revenue (NBR) for a 10-year tax holiday for the gold-refinery industry and setting up Electronic Fiscal Device (EFD) in 40,000 jewellery establishments across the country.BAJUS, the apex organisation of...

Direct transportation of fuel oil using SPM to start Feb 29

NAZIMUDDIN SHYAMOL | 2024-02-23 00:00:00

CHATTOGRAM, Feb 22: Finally, the direct transportation of fuel oil using Single Point Mooring (SPM) will commence on February 29 from Kutubdia in Cox's Bazar to Eastern Refinery Limited (ERL) at Patenga in the district. This operational milestone comes over...

CCCI urges govt to help prevent shipping agents from illogical charges

FE REPORT | 2024-02-23 00:00:00

Amid allegations of collecting unreasonable fees and charges by some shipping agents, Chittagong Chamber of Commerce and Industry (CCCI) has urged the government intervention to stop such unfair practices for ensuring a fair business environment.The trade body put forward the...

Time to fix issues cramping cashew-processing industry

DOULOT AKTER MALA | 2024-02-23 00:00:00

Umpteen issues have been discouraging local cashew nut-processing investors from further expanding this booming agro-based industry, dampening government efforts to diversify its export basket.Although a number of large companies, including BSRM, City Group, JMI and Kazi, have already invested in...

Prime Minister Sheikh Hasina addressing a programme to celebrate the golden jubilee

2024-02-23 00:00:00

Prime Minister Sheikh Hasina addressing a programme to celebrate the golden jubilee of the formulation of the Territorial Waters and Maritime Zones Act 1974. The event was held at Bangabandhu International Conference Centre in Dhaka on Thursday. — PID

Briefing 2024-02-23

2024-02-23 00:00:00

Prayer Timings (2024-02-23)

2024-02-23 00:00:00

India extends 20pc export duty on parboiled rice indefinitely

2024-02-23 00:00:00

The Indian government has extended a 20 per cent duty on export of parboiled rice for an indefinite period, reports bdnews24.com.The world's largest exporter of grain had imposed the duty in August last year, a move aimed at maintaining adequate...

DEE execution money dries as China suspends funding

GULAM RABBANI | 2024-02-23 00:00:00

Construction of the maiden Dhaka elevated expressway may get into a quandary as the Chinese lenders have suspended funding following one guarantor's failure to comply with terms and conditions. Citicorp International Limited, the Regional Loans Agency of the Chinese lenders,...

Inflation, foreign debt servicing create economic discomforts

FE REPORT | 2024-02-23 00:00:00

Inflation and rising foreign-loan repayments are currently putting Bangladesh's economy under some stress, Finance Minister Abul Hassan Mahmood Ali said Thursday."The government initiatives regarding economic development do not work every time. Some here have worked well, some haven't yet," he...

Postogola bridge closed until Mar 8 for repairs

2024-02-23 00:00:00

The first Buriganga Bridge in Dhaka's Postogola will be partially closed for repairs until Mar 08, according to the Road Transport and Highways Division, reports bdnews24.com.Southbound vehicles are advised to use the Dhaka-Bhanga Expressway, named after Bangabandhu Sheikh Mujibur Rahman,...

Sugar price raised Tk 20 a kg ahead of Ramadan

FE REPORT | 2024-02-23 00:00:00

The state-run Bangladesh Sugar and Food Industries Corporation (BSFIC) has raised the sugar price by Tk 20 a kg in a single day just two weeks before the holy month of Ramadan.The new maximum retail price (MRP) of sugar has...

Currency swap pays both ways

JUBAIR HASAN | 2024-02-23 00:00:00

Forex reserves show a rebound as the dollar-taka-swap mechanism proves a boon for both the Bangladesh Bank and cash-strapped commercial banks amid liquidity stress in the country's banking sector.This has clearly been manifest in the first two days' deals under...

Bangladesh against war, but to defend sovereignty

2024-02-23 00:00:00

Prime Minister Sheikh Hasina on Thursday reiterated Bangladesh's stance not to engage in war with anyone, but boost its defence aiming to protect the independence and sovereignty."We will not engage in war with anyone. But we have to attain capability...

AI leader Nvidia rises as forecast tops Wall treet's lofty goals

2024-02-23 00:00:00

Nvidia shares climbed 12 per cent before the bell on Thursday as booming demand for its AI chips helped the company forecast quarterly revenue much above Wall Street's lofty expectations, lifting AI and tech stocks globally, reports Reuters.The top chip...

HSBC cost conundrum intensifies investor bank scrutiny

2024-02-23 00:00:00

LONDON, Feb 22 (Reuters): Climbing costs at HSBC, opens new tab have added to growing investor concerns about how big banks manage their expenses, putting executives under pressure to quickly address spending.Although banks have seen revenues balloon in the higher...

US investor presses Japan Aviation and NEC to cancel buyback, reconsider buyout offers

2024-02-23 00:00:00

TOKYO, Feb 22 (Reuters): Chicago-based investor Curi RMB Capital said on Thursday that NEC, opens new tab and its listed unit Japan Aviation Electronics (JAE), opens new tab should cancel their buyback deal and reconsider alternative buyout offers they have...

Nikkei parties like it's 1989; scales record high

2024-02-23 00:00:00

SINGAPORE, Feb 22 (Reuters): Japanese stocks raced to a record peak on Thursday, breaking levels last seen in 1989 during the halcyon days of the bubble economy, as cheap valuations and corporate reforms lure foreign money looking for alternatives to...

European shares to hit records highs in 2024 but path could be rocky

2024-02-23 00:00:00

LONDON, Feb 22 (Reuters): European stocks will hit all-time highs in 2024, a Reuters poll found, as the prospect of interest rate cuts, hopes for a soft landing and strong earnings momentum fuel optimism.Fund managers and equity strategists surveyed Feb....

India expects record rapeseed output

2024-02-23 00:00:00

MUMBAI, Feb 22 (Reuters): India's rapeseed and mustard output is likely to reach a record high in 2024 due to an expansion in the planted area and favourable weather conditions in key producing states, industry officials said.Higher rapeseed output will...