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Election roadmap after reforms, hopes BNP

FE REPORT | 2024-08-30 00:00:00

The Bangladesh Nationalist Party (BNP) on Thursday expressed its hope that the transitional government would announce an election roadmap after exhausting necessary state reforms.BNP secretary general Mirza Fakhrul Islam Alamgir said this after meeting the chief adviser to the interim...

Students show special volunteering skills

FE REPORT | 2024-08-30 00:00:00

In an unprecedented show of management skills, the students of Dhaka University have been collecting and disseminating relief goods to flood-hit eastern and south-eastern regions of the country.It has been five days and the flood situation has improved a little,...

Sufferings compound as floodwater receding

FE REPORT | 2024-08-30 00:00:00

Water continued to recede from the flood-affected south-eastern districts but rescue and relief operations were still facing difficulties until Thursday, while sufferings of the people mounting with rising concerns over snake bites.The death toll rose to 52 that included 39...

Prayer Timings (2024-08-30)

2024-08-30 00:00:00

Banks won't buy dollar at prices over Tk 120

FE REPORT | 2024-08-30 00:00:00

Treasury heads of the country's commercial banks on Thursday decided not to buy dollar from the exchange houses at exchange rate over Tk 120 to contain inflation with bringing stability in the forex market.To ensure proper implementation of the decision,...

Board of EXIM Bank reconstituted

FE REPORT | 2024-08-30 00:00:00

Bangladesh Bank (BB) has reconstituted the board of directors of EXIM Bank, removing its long-standing chairman, Mr. Nazrul Islam Mazumder. The decision, taken on Thursday by the central bank of Bangladesh, aims to protect the interests of depositors and ensure...

IMF assures raising budgetary support

FE REPORT | 2024-08-30 00:00:00

The International Monetary Fund (IMF) on Thursday assured Bangladesh of providing increased budgetary supports to help revive its economy from the political shock, officials have said.At a virtually held meeting, IMF Mission Chief for Bangladesh, Chris Papageorgiou, gave the assurance,...

Convention on enforced disappearance gets advisory council nod

FE REPORT | 2024-08-30 00:00:00

In a major move, the advisory council of the interim government on Thursday decided to scrap the provisions for the Security of Family Members Act, 2009.A meeting of the advisory council held at the State Guest House Jamuna, presided over...

Roots and extent of corruption, policy failings to be unveiled

FHM HUMAYAN KABIR | 2024-08-30 00:00:00

Roots and extent of corruption and policy failings in entire economic spectrum, including wrongs in finance and development megaprojects, will be unveiled in the 'white paper' on the anvil to show way forward. However, the wrongdoers won't be unmasked in...

Capital flight cut, import curbs help halve BoP deficit

JASIM UDDIN HAROON | 2024-08-30 00:00:00

A letup in external trade imbalances appeared at the last fiscal end with the balance of payments (BoP) deficit getting halved to US$4.3 billion from the level a year before. Capital-flight cut and import curbs largely helped the reduction in...

Much-cherished oil refinery building thru fresh bidding

M AZIZUR RAHMAN | 2024-08-30 00:00:00

A much-cherished crude-oil refinery will now be built through fresh competitive biddings as the interim government Thursday cancelled controversial S Alam Group's deal and made the latest decision.The long-delayed refinery project, 'installation of ERL unit -2', will be implemented under...

BD SAFF U-20 champions to receive reception from Interim Govt

2024-08-30 00:00:00

The Bangladesh U-20 football team recently clinched the SAFF U-20 Championship 2024, defeating Nepal by a commanding 4-1 margin. To inspire the team to maintain their momentum, the Bangladesh government has announced plans to host a reception in their honor,...

Bangladesh cricket's unruly, under-fire champion

2024-08-30 00:00:00

Bangladesh cricketer Shakib Al Hasan is the leading all-rounder of his era, whose laundry list of achievements is rivalled only by his disciplinary infractions and his brief political career under his country's loathed ex-leader, reports AFP.Shakib has been the driving...

Tigers eye maiden series win against Pakistan

2024-08-30 00:00:00

RAWALPINDI, Pakistan, Aug 29 (AFP): Bangladesh are hoping to secure a first Test-series victory over Pakistan, who have left out star pacer Shaheen Shah Afridi for the second match starting in Rawalpindi on Friday.The visitors upset a normally formidable home...

'Now there is nothing left, everything was swept away by the water'

2024-08-30 00:00:00

FENI, Aug 29 (UNB): Hasina Akter couldn't bring anything except her clothes she was wearing when the floodwater within few hours inundated her village."Now there is nothing left. Everything was swept away by the water. The house and all our...

Teesta fury continues in Lalmonirhat

OUR CORRESPONDENT | 2024-08-30 00:00:00

LALMONIRHAT, Aug 29: The erosion of Teesta River has taken a serious turn at many points of Lalmonirhat Sadar upazila over the last few days. A good number of homesteads and vast tracts of crop land have already been devoured...

News in Brief -2024-08-30

2024-08-30 00:00:00

Record wildfires push Canada into topfour CO2 emitters in 2023OTTAWA, Aug 29: Record wildfires in 2023 bumped Canada into the top four greenhouse gas-emitting countries in the world that year, according to a study Wednesday that also cast doubt on...

Forest fires edge closer to Athens

2024-08-30 00:00:00

ATHENS, Aug 29 (AFP): With the smell still lingering in its suburbs after Greece's worst wildfire this year, floods and pollution now threaten Athens, experts say.Thousands were forced to flee their homes as the massive blaze raged out of control...

Russia faces 'difficult fight' to retake Ukraine-held area

2024-08-30 00:00:00

MOSCOW, Aug 29 (Reuters): Russian President Vladimir Putin will mount a counteroffensive to try to retake territory in the Kursk region captured by Ukrainian troops, but Russian forces will encounter "a difficult fight," Deputy CIA Director David Cohen said on...

Kamala campaign hires Egyptian American lawyer

2024-08-30 00:00:00

MARYLAND, Aug 29 (Reuters): Kamala Harris' campaign for US president has hired an Egyptian American lawyer and former Department of Homeland Security official to help lead outreach to Arab American voters who hold sway in some states that could help...

China, US will plan Biden-Xi call in coming weeks

2024-08-30 00:00:00

BEIJING, Aug 29 (AP): Beijing and Washington will plan for a phone call in the coming weeks between Chinese President Xi Jinping and U.S. President Joe Biden, the White House said Wednesday after National Security Adviser Jake Sullivan met Chinese...

Guterres urges Israel to stop W Bank raids

2024-08-30 00:00:00

NEW YORK, Aug 29 (BBC/AFP): The head of the UN, Antonio Guterres, urges Israel to stop its operation in the West Bank, saying it is "fuelling an already explosive situation".Israel began what it called a "counter-terrorism operation" in four areas...

Plight of street children

2024-08-30 00:00:00

Although various local and international organisations are vocal about the rights of the children, the plight of street children paints a starkly different reality. They face unimaginable hardships as they are denied of basic necessities like food, shelter and education....

Review cancelled HSC exams

2024-08-30 00:00:00

The recent decision in favour of cancellation of the postponed Higher Secondary Certificate (HSC) examination, following demands from a segment of students in the capital, raises significant concerns. This examination was crucial for 1.4 million students, and it is perplexing...

The strength of united Bangladesh

Shiabur Rahman | 2024-08-30 00:00:00

Several south-eastern districts of Bangladesh witnessed record flooding this month due to heavy monsoon rains in the area together with the northeast Indian states of Tripura, Assam and Meghalaya and the subsequent opening of the gates of hydropower plants, barrages...

Attacks on factories & industries unfold a grim spectre

Nilratan Halder | 2024-08-30 00:00:00

At a time students and people of various walks of life are battling elements to reach flood victims with a single-minded mission of rescuing and providing them with food and other relief goods, there are elements who are setting factories...

Economy expected to turn around despite strains

2024-08-30 00:00:00

The uncertainty prevailing across multiple sectors of the country, particularly the economic sector, has become one of the most pressing concerns in the wake of the recent political transition. Financial irregularities, including monstrous misconduct in the banking industry, have compounded...

Perspectives of state reforms and the pathways

Golam Rasul | 2024-08-30 00:00:00

An Interim Government led by Professor Muhammad Yunus was formed on August 8, 2024, following the overthrow of Sheikh Hasina’s government by a student-led popular uprising. Although interim governments are not new in Bangladesh, the current government is different from...

Nasdaq seeks SEC approval for bitcoin index options

2024-08-29 00:00:00

Nasdaq is seeking the green light from regulators to launch and trade options on a bitcoin index, the exchange operator said on Tuesday, reports Reuters.The US Securities and Exchange commission has yet to approve options based on any of the...

Adani Enterprises' debut public bond sale to see strong demand, bankers say

2024-08-29 00:00:00

MUMBAI, Aug 28 (Reuters): The maiden public issue of bonds by India's Adani Enterprises is expected to witness strong demand as yields are attractive, four merchant bankers said on Wednesday.The company plans to raise up to 8 billion rupees ($95.3...