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Process of judiciary ties deal with S Arabia begins

2024-01-26 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Haq has disclosed that the process of signing an agreement on mutual cooperation between the judiciaries of Bangladesh and Saudi Arabia has commenced, reports UNB.Bangladesh has already sent the contents of the accord...

BNP, allies' black-flag processions today, tomorrow

2024-01-26 00:00:00

The BNP and like-minded opposition parties are set to bring out processions holding black flags in all districts today ( Friday) demanding the cancellation of the 12th parliament and protesting the growing price hike of essential commodities, reports UNB.A similar...

Govt wants rumour-free mass media : Arafat

2024-01-26 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat on Thursday said the government wants disinformation, misinformation and rumour-free mass media that will ensure free flow of authentic information to hold the authorities accountable, reports BSS."We want disinformation and rumour...

Declaration of Nat'l Ethics Day demanded

DU CORRESPONDENT | 2024-01-26 00:00:00

The Ethics Club Bangladesh Society has demanded the declaration of National Ethics Day.The declaration of the Ethics Club Bangladesh Society was read out by Dilara Afroz Khan Rupa, founder and chief executive of the organization, on Thursday.ME Chowdhury Shamim, president...

Bangladesh detains Malawian woman with record 8.5 kg cocaine haul

Senior Correspondent | 2024-01-26 00:00:00

The Department of Narcotics Control (DNC) has apprehended a Malawian woman with around 8.5 kilograms of cocaine, the largest seizure of solid cocaine by Bangladeshi authorities, reports bdnews24.com.Authroties detained 35-year-old Nomthandazo Towera Soko with the drugs, valued at around Tk...

Despite heavy traffic

2024-01-26 00:00:00

Despite heavy traffic on Thursday, the final day of the working week, vehicles approaching Mohakhali and Farmgate from the airport road opt for the familiar, albeit congested, ground routes instead of the tolled but smooth Dhaka Elevated Expressway at Setu...

BD reports zero Covid-19 death, 40 positive cases

2024-01-26 00:00:00

Bangladesh on Thursday recorded zero Covid-19 death while it reported 40 coronavirus positive cases."Bangladesh reported 9.26 percent Covid-19 positive cases as 432 samples were tested during the last 24 hours," a daily statement of the DGHS said, reports BSS.During the...

Virtual payments, lead time block online apparel marketplace

FE REPORT | 2024-01-26 00:00:00

Limited cross-border virtual payments and longer lead times compared to traditional methods are key barriers to establishing a virtual marketplace for Bangladesh's apparel sector, a new study shows. Calling for policy reforms, the study also underlines significant potential to capitalise...

SC stays HC conviction of Agrani Bank MD, 4 others

FE REPORT | 2024-01-26 00:00:00

The Appellate Division of the Supreme Court (SC) on Thursday stayed a High Court verdict that sentenced five Argani Bank officials including its Managing Director (MD) and CEO Md Murshedul Kabir to three months' imprisonment till March 18.Justice M Enayetur...

Stranded Bhola gas to be used in three years

FE REPORT | 2024-01-26 00:00:00

Stranded gas from Bhola would be supplied to mainland through pipelines in the next three years, said state minister for power, energy and mineral resources Nasrul Hamid on Thursday.Bhola is a natural gas-rich area of the country.The government has made...

Decent work practices key to global competitiveness

FE REPORT | 2024-01-26 00:00:00

Participants in a consultation stressed the commitment to fostering decent work practices across all sectors to create a sustainable and responsible business environment in Bangladesh.The two-day event, 'Responsible Business Conduct (RBC) along Value Chain and Purchasing Practices', concluded on Thursday....

A slew of factors hindering social insurance execution

FE REPORT | 2024-01-26 00:00:00

A new platform, Social Insurance Forum (SIF), has been launched to facilitate discussion on issues affecting implementation of the National Social Insurance Scheme (NSIS). The Centre for Policy Dialogue (CPD) in association with German cooperation agency GIZ GmbH established the...

PM seeks more Chinese help to smoothen dev journey

2024-01-26 00:00:00

Prime Minister Sheikh Hasina sought on Thursday more Chinese cooperation to expedite Bangladesh's development journey as she termed China as one of the largest development and strategic partners of her country."China can cooperate more than the past to smoothen our...

Briefing 2024-01-26

2024-01-26 00:00:00

Prayer Timings (2024-01-26)

2024-01-26 00:00:00

A farmer in the northern Gaibandha district prepares rice seedlings

2024-01-26 00:00:00

A farmer in the northern Gaibandha district prepares rice seedlings amid chilly winter winds and temperatures around 9-10°C. The image reflects the dedication of Bangladeshi farmers, who continue working even in challenging weather conditions. — Focus Bangla

Mali gold mine collapse kills more than 70

2024-01-26 00:00:00

BAMAKO, Jan 25 (AFP): More than 70 people have been killed after a tunnel collapsed at a Malian gold mining site last week, local sources told AFP Wednesday, the latest disaster in a region prone to mining accidents.Mali, which is...

PM to attend Munich Security Conference: FM

2024-01-26 00:00:00

Prime Minister Sheikh Hasina will visit Germany next month to attend Munich Security Conference, foreign minister Dr Hasan Mahmud said on Thursday."Honourable Prime Minister has decided to join Munich Security Conference and we are now working on bilateral meetings (to...

NBR may slash tax on three essentials

FE REPORT | 2024-01-26 00:00:00

A ministry-of-commerce proposal for slashing taxes on three essentials to cool prices ahead of Ramadan is under consideration of the government's revenue authority.The mass-consumed commodities during the month fasting and religious festivals are sugar, onion and dates, which all bears...

Govt finalises draft toll policy with annual inflation-linked adjustments

MUNIMA SULTANA | 2024-01-26 00:00:00

The government has finalised a draft national toll policy which proposes annual revisions to tolls for all vehicle categories based on the consumer price index.If approved, sources say, tolls for all existing 13 categories of vehicles would be calculated based...

RMB comes into automated clearing system

FE REPORT | 2024-01-26 00:00:00

China's RMB is now here in Bangladesh's fastest settlement system styled RTGS on expectation of easing pain of the businesses in trade payment, traditionally dominated by costly dollar. Real Time Gross Settlement or RTGS is an online means of immediate...

Revenue receipt misses target by Tk 232.27b

DOULOT AKTER MALA | 2024-01-26 00:00:00

Tax-revenue collection missed the time-bound target for the first half of this fiscal with a Tk 232.27-billion shortfall for several adversities, although the receipt showed some annualised growth. The National Board of Revenue blames the target failure on import tightening...

Indian banks urge return to call option valuation for perpetual bonds

2024-01-26 00:00:00

MUMBAI, Jan 25 (Reuters): Indian lenders have suggested that investments in perpetual bonds issued by banks should be valued according to the call option instead of treating them as 100-year securities, according to four sources directly aware of the matter.The...

International investors fuel further growth in Japanese stock market

2024-01-26 00:00:00

Foreign investors bolstered their positions in the rising Japanese stock market drawn by a depreciating yen that boosted exporter shares and a robust performance in the chip sector, reports Reuters.According to exchange data, foreigners pumped in a net 395.84 billion...

Apple's iPhone shipments in China drop 2pc in Q4 as Huawei grows market share

2024-01-26 00:00:00

BEIJING, Jan 25 (Reuters): Apple's, opens new tab smartphone shipments in China shrank 2.1 per cent in the final quarter of 2023 from the same year-ago period, hurt by intensifying competition from local rivals led by Huawei, data from research...

Vedanta beats Q3 profit view on production

2024-01-26 00:00:00

BENGALURU, Jan 25 (Reuters): Indian metal-to-oil conglomerate Vedanta reported a smaller-than-expected drop in third-quarter profit on Thursday, as an uptick in production and sales outweighed lower metal prices.Consolidated profit after tax dropped 18 per cent to 20.13 billion rupees (nearly...

German business morale sinks to start new year

2024-01-26 00:00:00

BERLIN, Jan 25 (AFP): German business morale sank further in January, a key survey showed Thursday, as the slump in Europe's largest economy showed few signs of passing quickly.The Ifo institute's closely watched confidence barometer, based on a survey of...

US Q4 economic growth beats expectations

2024-01-26 00:00:00

WASHINGTON, Jan 25 (Reuters): The US economy grew faster than expected in the fourth quarter amid strong consumer spending, and defied dire predictions of a recession in 2023 after the Federal Reserve aggressively raised interest rates, with growth for the...

Indian commerce ministry backs import tax cuts on gold bars

2024-01-26 00:00:00

NEW DELHI/MUMBAI, Jan 25 (Reuters): India's commerce ministry has backed a long-standing demand from the jewellery industry to reduce import tariffs on gold bars, government and industry officials said, amid concern the duties were further harming the country's faltering jewellery...

STANDARD BANK SIGNS MOU WITH GREEN LIFE HOSPITAL

2024-01-26 00:00:00

Standard Bank has signed a Memorandum of Understanding (MoU) with Green Life Hospital. Under this agreement, debit & investment (credit) cardholders and all employees of the bank along with their dependents will get special discount on medical tests and hospital's...