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T-bills witness sharp rise in yields ahead of Eid-ul-Azha

FE REPORT | 2025-06-02 00:00:00

The yields on treasury bills (T-bills) increased significantly on Sunday as banks expressed unwillingness to invest their excess liquidity in the securities ahead of the upcoming Eid-ul-Azha.The cut-off yield, generally known as interest rate, on the 91-day T-bills rose to...

Prices of local mobile phones may increase

JASIM UDDIN | 2025-06-02 00:00:00

Local mobile phone manufacturers and assemblers are likely to face increased value-added tax (VAT) in the next fiscal year (FY2025-26), as the government plans to reduce certain facilities currently enjoyed by the sector.Authorities argue that the measure aims to prepare...

City corporations still in limbo over management of cattle market sites

YASIR WARDAD | 2025-06-02 00:00:00

With Eid-ul-Azha at just around the corner, Dhaka's two city corporations are scrambling to finalise leasing processes for several targeted temporary cattle markets across the city.Of these, 13 are under the jurisdiction of Dhaka North City Corporation (DNCC) and eight...

Bapex finds gas presence at Jamalganj well

2025-06-02 00:00:00

Fresh natural gas has been found in a well at Jamalganj of Madarganj Upazilla in Jamalpur district, an official of Bapex said on Sunday."Bapex (Bangladesh Petroleum Exploration and Production Company) discovered the presence of gas at Madarganj, Jamalpur during preliminary...

Prayer Timings (2025-06-02)

2025-06-02 00:00:00

Several future tax rates to be outlined

DOULOT AKTER MALA | 2025-06-02 00:00:00

Several tax rates, both for individual and corporate taxpayers, would come in a prospective manner in the FY26 budget, with effect from July 2026 in a bid to help taxpayers properly plan their taxes.Individual taxpayers will enjoy an upward revision...

May sees second-highest remittance flow of $2.97b

FE REPORT | 2025-06-02 00:00:00

Rising remittance inflows fetched Bangladesh US$2.97 billion in May, the second-highest monthly receipt in its history, giving a much-needed respite to the economy facing multipronged strains amid forex dearth in recent times. In terms of growth, the country saw a...

Deposed PM Hasina indicted for crimes against humanity

FE REPORT | 2025-06-02 00:00:00

Deposed Prime Minister Sheikh Hasina was indicted Sunday in an open-court trial, along with two others, for "crimes against humanity" committed during the July-August 2024 uprising.The International Crimes Tribunal (ICT)-1 in Dhaka took into cognizance five counts of formal charges...

CA urges Chinese investors to build production hubs in BD

FE REPORT | 2025-06-02 00:00:00

Chief Advisor Prof Muhammad Yunus called upon Chinese investors to help transform Bangladesh into a "production hub" as a big band of entrepreneurs from Beijing, led by their commerce minister, are here exploring business prospects.Speaking at a business meet Sunday...

Interim govt unveils its maiden Tk 7.9t budget today

FE REPORT | 2025-06-02 00:00:00

Post-uprising interim government is set to present today its maiden national budget worth Tk 7.9 trillion for the fiscal year 2025-26, avowedly aligned with reforms and income parity. With no functioning parliament existing following the July-August changeover, the budget will...

Let the budget be friendly to health sector

2025-06-02 00:00:00

Access to quality healthcare is a basic human right, yet for millions in Bangladesh, it remains a distant dream. High costs of medical tests, doctor consultations, and medicines have made treatment unaffordable for many. As a result, people of all...

July fighters' suicide attempt

2025-06-02 00:00:00

During the July Uprising in Bangladesh, thousands of young people and ordinary citizens mobilised across the country, demanding freedom, justice, and the resignation of Sheikh Hasina's government. But while they braved bullets and batons, few anticipated the prolonged suffering that...

The looming threat of floods

Neil Ray | 2025-06-02 00:00:00

That floods in this deltaic plain are recurrent is no news. The news is that the timing of this type of natural calamity has changed remarkably. Floods and the monsoon are interlinked. Before the month of Ashar on the Bangla...

Job prospects, well-being of migrant workers

Syed Fattahul Alim | 2025-06-02 00:00:00

The International Labour Organization (ILO)'s recently released World Employment and Social Outlook (WESO) report portrays a rather grim picture about the state of youth employment in Bangladesh. This is more so, as according to the outgoing country director of ILO,...

Is there no end to waterlogging?

2025-06-02 00:00:00

Waterlogging has long been a chronic civic menace in Dhaka, yet it remains largely unchecked and appears to be worsening with each passing year. What many dismiss as a seasonal inconvenience is, in reality, a serious public hazard. Pothole-ridden roads,...

Reforms that can create a more sustainable United Nations

Muhammad Zamir | 2025-06-02 00:00:00

Analysts in their recent observations have recalled how since its birth, the United Nations was identified as a champion of human rights, the world's peacekeeper and provider of disaster relief and was accepted by most of the world as the...

GADGETS & SERVICES _2025-06-02

2025-06-02 00:00:00

Robi leads corporate blood donation drivefor thalassemia patients Robi Axiata PLC has reaffirmed its commitment to community health and social responsibility by organizing a blood donation campaign on 28 May at its headquarters in Shanta Forum Tower, in partnership with...

Bangladesh embraces IPAS 4.0 to safeguard creativity and spur economic growth

ANABIA NOOR | 2025-06-02 00:00:00

In the heart of Dhaka, amid industrial bustle and growing digital ambition, a quieter yet transformative shift is taking place-one that could redefine how Bangladesh fosters and protects its intellectual capital. With the launch of the Industrial Property Administration System...

A bold leap forward or risking local interests?

Ishtiaq Mahmud | 2025-06-02 00:00:00

Bangladesh's telecommunications sector stands at a pivotal juncture as a regulatory-policy upgrade with major changes gets underway. Bangladesh Telecommunication Regulatory Commission (BTRC) has unveiled proposed 'Telecommunication Network & Licensing Regime Reform Policy 2025'. Aimed at dismantling the existing complex and...

NEWS IN BRIEF 2025-06-02

2025-06-02 00:00:00

21 athletes killed in Nigeria road crashABUJA, June 01: A bus crash on a Nigerian highway on Saturday killed 21 athletes returning from a national sports tournament, with authorities saying the accident might have been the result of driver fatigue...

Iran warns of retaliation if Europeans make 'political' use of UN nuclear report

2025-06-02 00:00:00

TEHRAN, June 01 (AFP): Iran on Sunday warned it would retaliate if European powers "exploit" a UN report showing it has stepped up production of highly enriched uranium.The report by the International Atomic Energy Agency said Iran had sharply increased...

Russian strike kills 12 Ukrainian soldiers

2025-06-02 00:00:00

KYIV, June 01 (Agencies): A Russian missile strike on a Ukrainian army training area killed at least 12 soldiers on Sunday and wounded more than 60 others, the Ukrainian army said."Today, on June 1, the enemy launched a missile strike...

Opal Suchata Chuangsri from Thailand crowned Miss World 2025

2025-06-02 00:00:00

HYDERABAD (India), June 01 (AP): Opal Suchata Chuangsri of Thailand was crowned Miss World on Saturday in India, where the international pageant was held this year.Chuangsri topped a field of 108 contestants in the contest held in India's southern Hyderabad...

India sees tenfold rise in Covid-19 cases

2025-06-02 00:00:00

NEW DELHI, June 01 (Arab News): India has reported a sharp increase in COVID-19 cases over the past 10 days, official data showed on Sunday, with new, more transmissible virus variants believed to be driving the surge.A new wave of...

Israel kills dozens of Palestinians at US-backed aid hubs in Gaza

2025-06-02 00:00:00

CAIRO/GAZA June 01 (Agencies): An Israeli attack near an aid distribution point run by a private US-based group killed at least 31 people in Gaza on Sunday, local health authorities said, as Hamas and Israel exchanged blame over a faltering...

Top listed firms see share prices plunge up to 47pc in ten months

MOHAMMAD MUFAZZAL | 2025-06-01 12:00:00

Top listed companies by market capitalisation, including telecom giant Grameenphone, have seen their share prices plunge by as much as 47 per cent since the fall of the Awami League government, contributing to a sharp decline in the benchmark equity...

PREVIOUS BUDGETS AT A GLANCE

2025-06-01 12:00:00

Commerce Adviser Sk Bashir Uddin receives Chinese Commerce Minister Wang Wentao on his arrival at the Hazrat Shahjalal International Airport

2025-06-01 00:00:00

Commerce Adviser Sk Bashir Uddin receives Chinese Commerce Minister Wang Wentao on his arrival at the Hazrat Shahjalal International Airport in Dhaka on Saturday. Story on page 1

Afternoon rainfall floods parts of Dhaka, triggers traffic disruption

2025-06-01 00:00:00

FE REPORTResidents of Dhaka faced fresh trouble on Saturday as intermittent morning showers intensified into heavier downpours by noon, inundating parts of the city and causing severe traffic disruption.Several key roads and alleyways were submerged, leading to extensive waterlogging and...

Passengers holding umbrellas in their hands cross the Buriganga River on a boat amid rainfall.

2025-06-01 00:00:00

Passengers holding umbrellas in their hands cross the Buriganga River on a boat amid rainfall. The city has been experiencing rain for several days due to a deep depression over the Bay of Bengal, throwing normal life out of gear....