FE Today Logo

Search results for:


Rizvi slams interim govt

2025-06-04 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi has strongly criticised the interim government for keeping a provision in the proposed budget that allows the whitening of black money, reports UNB. "You (interim govt) have presented a budget of Tk...

Correction 2025-06-04

2025-06-04 00:00:00

On pages 21 to 28 in Tuesday’s issue of The Financial Express the ‘Finance Ordinance 2025’ was erroneously mentioned as ‘Finance Bill 2025’. Moreover, the last para under the item number 55 of Chapter-3 of the Finance Ordinance 2025 should...

BNP wants polls under 90-day caretaker govt

2025-06-04 00:00:00

BNP on Tuesday said it wants only the national election to be held under a non-party caretaker government and supports the 90-day tenure for such a non-party election-time government, reports UNB."Our party does not want local government elections to be...

Jamaat wants local govt polls under caretaker govt

2025-06-04 00:00:00

Bangladesh Jamaat-e-Islami on Tuesday proposed that both national and local government elections be held under a non-partisan caretaker government, reports UNB."Our proposal is that both national and local elections must take place under a caretaker government," Jamaat's Nayeb-e-Ameer Dr Syed...

Biman eyes 30pc rise in cargo handling this year

FE REPORT | 2025-06-04 00:00:00

Biman Bangladesh Airlines, the sole ground handler at the country's airports, eyes a 30-percent rise in its handling of both domestic and international cargoes to reach 0.434 million tonnes this year.Biman handled 0.334 million metric tons of international and domestic...

Intermediary entities add little to no value

FE REPORT | 2025-06-04 00:00:00

The Association of Mobile Telecom Operators of Bangladesh (AMTOB) has said that multiple intermediary entities in the telecom sector add little to no value to the core objective of seamless connectivity and have instead inflated costs and stifled innovation.The entities...

Highly ambitious budget's implementation to be difficult

FE REPORT | 2025-06-04 00:00:00

The proposed national budget for the fiscal year 2025-26 has been termed highly ambitious by panellists at a post-budget discussion, who said its implementation will be difficult in the current economic and political contexts.Speaking at the discussion styled "Reflection, response...

Ctg chamber says budget to protect local industries

OUR CORRESPONDENT | 2025-06-04 00:00:00

CHITTAGONG, June 03: The Chittagong Chamber of Commerce and Industry (CCCI) welcomed the budget for fiscal year 2025-26 and termed it as a pro-people and business-friendly one. The CCCI mentioned that the new budget will reduce the sufferings of people...

Execution challenging, say trade bodies

FE REPORT | 2025-06-04 00:00:00

The proposed national budget for the fiscal year 2025-26 has been met with cautious approval by leading trade bodies, who praised its intent but flagged serious concerns about its implementation.While acknowledging the Finance Adviser's effort to address inflation, unemployment, and...

FY 25-26 budget reactions

2025-06-04 00:00:00

Eid cattle trade begins in Dhaka city

YASIR WARDAD | 2025-06-04 00:00:00

The official sale of sacrificial animals commenced in the capital from Tuesday, ahead of Eid-ul-Azha which will be celebrated nationwide on June 7.In line with tradition, temporary cattle markets-locally known as haats-began operating four days before the festival.This year, a...

High-level body to be formed for review

2025-06-04 00:00:00

The government is going to form a high-level committee to review the recently promulgated Government Service (Amendment) Ordinance, 2025 due to widespread objections from government employees, reports UNB.Law Adviser Asif Nazrul made the announcement while speaking to reporters after receiving...

Govt employees, pensioners to get special incentives from July

FE REPORT | 2025-06-04 00:00:00

Government employees and pensioners will receive a special incentive ranging between 10 per cent and 15 per cent, effective from July this year, says a finance ministry notification.It said that employees in Grades 1 to 9 will enjoy a 10...

LNG re-gasification hits record high at 1,050 mmcfd

FE REPORT | 2025-06-04 00:00:00

Bangladesh's liquefied natural gas (LNG) re-gasification reached its highest level ever on Monday as the regular berthing of LNG tankers to the floating storage and regasification units (FSRUs) resumed, following last week's rough weather in the Bay of Bengal.The country's...

Merchandise export earnings see double-digit growth in May

FE REPORT | 2025-06-04 00:00:00

The country's single-month merchandise-export earnings in May 2025 witnessed a double-digit growth of 11.45 per cent year on year to fetch US$4.73 billion due to the sustained performance of ready-made garment industry.Bangladesh earned $4.25 billion in May 2024, according to...

Prayer Timings (2025-06-04)

2025-06-04 00:00:00

BD becoming self-reliant in air shipment of its exports

FE REPORT | 2025-06-04 00:00:00

A surprise Indian restriction on aerial transshipment taboo on Bangladesh exports turns a blessing in disguise with the latter poised to become self-reliant in air shipment, officials say. Airfreight facilities are taking a facelift at all the country's internationalairports in...

Budget not consistent with July spirit of equity, employment: CPD

FE REPORT | 2025-06-04 00:00:00

Economic-policy analysts at the CPD see the interim government's maiden budget paradoxical to July spirit of equity for its customary fiscal measures and take exception to the black-money-whitening provision in particular.The Centre for Policy Dialogue (CPD) says although the proposed...

Inflation to fall to 7.0pc by Sept

FE REPORT | 2025-06-04 00:00:00

Bangladesh Bank Governor Ahsan H Mansur on Tuesday expressed hope that the rate of inflation would fall to 7.0 per cent by this September, paving the way for lowering the policy interest rate.He said there were two big challenges -...

Budget framed within means for easing life: Salehuddin

JASIM UDDIN HAROON | 2025-06-04 00:00:00

This budget is framed realistically within the means and for easing people's life, sans growth hypes of yesteryears, interim government's high-ups said to defend its maiden budgetary measures with curtailed spending on fund-guzzling development schemes. At a post-budget press meet...

Black money whitening not commendable

FE REPORT | 2025-06-04 00:00:00

Finance Adviser Dr Salehuddin Ahmed has acknowledged that the opportunity to whiten black money in the proposed national budget is not a commendable measure and hinted that this provision might be reviewed, if required. In the proposed budget for the...

Transformative trade dynamics in Trump era

Sabbir Ahmed and Ranjan Sen | 2025-06-04 00:00:00

Yanis Varoufakis, globally respected political economy thinker and former finance minister of Greece recently in an article wrote: “Trump understands how raw economic power, not marginal productivity, decides who does what to whom — both domestically and internationally”. Yes, economic...

Bangladesh's export future: education and research is the key

M G Quibria | 2025-06-04 00:00:00

In the globalised economy, the countries that have risen fastest and sustained growth longest are those that embraced exports. The 2008 World Bank Growth Report is unequivocal: countries with outward-oriented policies consistently outperformed those looking inward. For Bangladesh, a country...

Gig economy 3.0: Freelancers embracing AI

2025-06-04 00:00:00

As reported by the Oxford Internet Institute, Bangladesh has emerged as a significant player in the global freelance market, ranking among the top 10 countries for online labour. With over 650,000 freelancers and a tech-savvy youth population, the country has...

Textile waste to fashion product

2025-06-04 00:00:00

Bangladesh, the world's second-largest exporter of garments, has significantly shaped the global fashion industry by supplying affordable, high-quality clothing. However, this achievement comes at an environmental cost. The country's ready-made garment (RMG) sector generates an estimated 400,000 tonnes of textile...

Biotechnology to boost agro productivity

Wasi Ahmed | 2025-06-04 00:00:00

With the world's population rising rapidly, the challenge of feeding billions of hungry mouths has reached a critical point. Meeting this demand will require a dramatic increase in agricultural productivity -- nearly double the current levels -- within the next...

FY'26 Budget: Conventional but rooted in ground reality

2025-06-04 00:00:00

As expected, the national budget for the 2025-26 financial year, unveiled by Finance Adviser Dr Salehuddin Ahmed on Monday last, lacked the usual ambience, uproar, and thumping of tables by lawmakers -- whether elected genuinely or otherwise -- in parliament....

No quick success in 'complex' Ukraine talks, says Russia

2025-06-04 00:00:00

MOSCOW, June 03 (AFP): Russia on Tuesday said it was wrong to expect a quick breakthrough in Ukraine talks, a day after Moscow rejected Kyiv's call for an unconditional ceasefire at negotiations in Istanbul.The sides agreed on a large-scale swap...

South Korea's Lee will win by landslide

2025-06-04 00:00:00

SEOUL, June 03 (AFP): Lee Jae-myung of the left-leaning Democratic Party is on track to win South Korea's presidential election by a landslide, exit polls showed Tuesday, with turnout high after months of political chaos.Six months to the day after...

At least 27 people killed, over 90 injured

2025-06-04 00:00:00

GAZA, June 03 (AFP): Rescuers said the Israeli military killed at least 27 people near a US-backed aid centre in Gaza on Tuesday, with the army reporting it had fired on "suspects who advanced toward the troops".The UN human rights...