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DSCC razes illegal structures at Suhrawardy Udyan

FE REPORT | 2025-05-16 00:00:00

The authorities of Dhaka South City Corporation (DSCC) demolished on Thursday a number of illegally built structures at Suhrawardy Udyan in the capital.The demolition drive was carried out in the morning near the gate adjacent to the Teacher-Student Centre (TSC)...

Egg, chicken, onion get dearer again

FE REPORT | 2025-05-16 00:00:00

Prices of eggs, chicken, and onion increased further in the city markets last week ending on Thursday over the previous week, raising consumers' woes. Prices of other essential commodities remained more or less unchanged at their previous high levels, according...

Ex-MP Dhanu held in city

2025-05-16 00:00:00

Former MP Kazim Uddin Ahmed Dhanu has been arrested from the capital's Aftabnagar area, reports UNB.He was arrested around 3:00 am on Thursday, said DMP's Deputy Commissioner (media) Talebur Rahman.According to Jatrabari Police sources, he was arrested in connection with...

Police on hunt for youth who threw water bottle at Mahfuj

FE REPORT | 2025-05-16 00:00:00

Police have launched an operation to hunt down the youth who allegedly hurled a plastic water bottle at Information Adviser Mahfuj Alam while he was addressing the protesting students of Jagannath University.Ramna Zone Assistant Police Commissioner (AC) Abdullah Al Mamun...

People do not want a return of fascism again and again

2025-05-16 00:00:00

The National Consensus Commission wants to translate the aspirations of the 2024 mass uprising into a concrete form through a national charter, said commission's Vice-Chairman Prof Ali Riaz, report agencies."We want to reflect the spirit of national consensus in a...

Rizvi alleges political motive behind Shammo murder

2025-05-16 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi suspects Dhaka University (DU) unit leader of Jatiyatabadi Chhatra Dal (JCD) Shahriar Alam Shammo was killed for political reasons, as he raised his voice in favour of the national flag and anthem,...

Student crisis hits Feni's government primary schools

2025-05-16 00:00:00

FENI, May 15 (UNB): Government primary schools in Feni are facing a serious student enrolment crisis, even after various initiatives taken to bring children back to classrooms.Teachers and education officials point to the growing attraction of kindergartens and madrasas as...

Bottles-made house that stands out in Gaibandha !

OUR CORRESPONDENT | 2025-05-16 00:00:00

GAIBANDHA, May 15: A spectacular house has been made with abandoned plastic bottles at Khanpara village in Sundarganj Upazila of the northern district, drawing the attention of local people.Abdul Hakim, an auto-rickshaw driver, has made the three-room house with the...

Govt food aid eludes 63,193 fishermen in Cox's Bazar

OUR CORRESPONDENT | 2025-05-16 00:00:00

COX'S BAZAR, May 15: As long as 28 days have already elapsed since the ban on fishing in the sea was enforced still the 63,193 registered fishermen in Cox's Bazar have not yet received the VGF food assistance meant for...

WTC winners to get $3.6m as ICC bumps up prize money

2025-05-16 00:00:00

NEW DELHI, May 15 (Agencies): The winners of next month's World Test Championship (WTC) final between Australia and South Africa will take home $3.6 million following a significant increase in the prize money by the governing International Cricket Council on...

Alcaraz beats Draper at Italian Open, Sabalenka felled by Zheng

2025-05-16 00:00:00

ROME, May 15 (Reuters): Champion Alexander Zverev and world number one Aryna Sabalenka fell by the wayside in the quarter-finals of the Italian Open on Wednesday, while Carlos Alcaraz beat Briton's Jack Draper 6-4 6-4 to reach the last four...

Shakib set to return with Lahore in PSL

2025-05-16 00:00:00

Bangladesh all-rounder Shakib Al Hasan is set to make his return to competitive cricket, having been picked by Lahore Qalandars for the remainder of the Pakistan Super League (PSL), reports UNB.Shakib, 38, confirmed the development on Thursday to the media.He...

Uncertainty looms over Mustafizur's IPL participation

2025-05-16 00:00:00

Will Mustafizur Rahman take part in the ongoing Indian Premier League (IPL) season? The question is relevant after the Bangladesh pacer boarded the flight for Dubai on Wednesday (May 14) to be a part of the two-match T20I series against...

Haaland hopes for FA Cup win after 'horrific' season

2025-05-16 00:00:00

MANCHESTER, England, May 15 (AP): As "horrific" seasons go, Manchester City's could still end on a high note.While English soccer's most dominant force for the past decade has been dispossessed of the Premier League crown, City's campaign could finish with...

Gold steadies as dollar slips

2025-05-16 00:00:00

Gold prices erased early losses to steady on Thursday, helped by a weaker dollar and technical buying as investors await key US economic data later in the day for further clarity on future interest rates, reports Reuters.Spot gold was little...

Eurozone GDP growth revised down to 0.3pc in Q1

2025-05-16 00:00:00

BRUSSELS, May 15 (AFP): The eurozone economy expanded at a slightly slower pace than estimated in the first three months of the year, official data showed on Thursday, with global trade tensions clouding the outlook.The EU's official data agency said...

Global oil demand growth to slow for rest of 2025 as supply jumps: IEA

2025-05-16 00:00:00

LONDON, May 15 (Reuters): Global oil demand will rise more slowly for the remainder of 2025 due to economic headwinds combined with record sales of electric vehicles, the International Energy Agency (IEA) said on Thursday, as rising supply from planned...

US retail sales barely rise in April

2025-05-16 00:00:00

WASHINGTON, May 15 (Reuters): US retail sales growth slowed in April as the boost from households front-loading motor vehicle purchases ahead of tariffs faded and households pulled back on other spending against the backdrop of an uncertain economic outlook.Retail sales...

Ctg mayor calls for separate ministry for tourism

2025-05-16 00:00:00

Bangladesh requires a separate and dedicated tourism ministry to further harness the country's tourism potential. The industry can be the fourth largest contributor to the national GDP, given that necessary policy and infrastructure support are provided.Dr. Shahadat Hossain, Mayor, Chattogram...

PPP Authority promotes investment in renewable energy, coastal tourism

2025-05-16 00:00:00

The Public Private Partnership Authority (PPPA) organised its Divisional Conference at Bangladesh-China Power Company Ltd. (BCPCL) in Patuakhali on Thursday, aiming to unlock regional investment opportunities through the PPP model.The event brought together key stakeholders from government and industry. PPP...

ICML Discussion on TIP Sanchita

2025-05-16 00:00:00

ICB Capital Management Limited (ICML), a subsidiary of Investment Corporation of Bangladesh (ICB), has launched a unique scheme for women investors under the innovative investment service product Term Investment Plan (TIP) called "TIP Sanchita". To encourage this investment, a discussion...

Mercantile Bank opens 'Fultola sub-branch'

2025-05-16 00:00:00

Mercantile Bank inaugurated 'Fultola sub-branch' in Khulna on Thursday to provide easy and tech-savvy banking services to the customers. Md. Zakir Hossain, Managing Director (CC) Mercantile Bank, inaugurated the sub-branch virtually as the chief guest. Shamim Ahmed & Dr. Md....

IFIC Bank donates bus to Patuakhali Science and Technology University

2025-05-16 00:00:00

To facilitate better transportation for the students, IFIC Bank has donated a bus to the Patuakhali Science and Technology University (PSTU). IFIC Bank Chairman Md Mehmood Husain officially handed over the key of the bus to PSTU Vice-Chancellor Prof Dr...

Internet prices to drop by 20pc at ISP and IIG levels from July

2025-05-16 00:00:00

Internet prices at the ISP (Internet Service Provider) and IIG (International Internet Gateway) levels will be reduced by 20 per cent from July this year, said Chief Adviser's Special Assistant Faiz Ahmed Taiyeb for Post, Telecommunications and Information Technology, reports...

Sammilita Parishad pledges to address RMG sector challenges

FE REPORT | 2025-05-16 00:00:00

Sammilita Parishad, a panel of apparel makers contesting the upcoming election of the BGMEA, on Thursday pledged to address the challenges that the country's readymade garment sector has been facing amid the global volatile situation.Leaders of the panel also expressed...

Apparel sector needs $6.6b investment to cut carbon emission by half: Report

MONIRA MUNNI | 2025-05-16 00:00:00

Bangladesh's textile and apparel industry needs an approximate investment worth US$6.6 billion to help reduce the level of carbon emissions by half by 2030 through renewable energy and energy efficiency measures, according to a global report.Of the required amount, only...

Syrian foreign investors welcome after US sanctions move

2025-05-16 00:00:00

DAMASCUS, May 15 (Arab News): Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on...

Siemens sticks to forecast despite uncertainty

2025-05-16 00:00:00

FRANKFURT, May 15 (AFP): German industrial giant Siemens reported an unexpected jump in quarterly profits Thursday and stuck to its outlook for the year but warned of "increased uncertainty" in the global economy.Net profit came in at 2.4 billion euros...

Sri Lanka restructures nearly $931m in credit lines with India

2025-05-16 00:00:00

COLOMBO, May 15 (Reuters): Sri Lanka has restructured nearly $931 million in lines of credit and buyers' credit facility agreements with the Indian government, the island nation's finance ministry said on Thursday.The deal between the two countries will facilitate deeper...

REMITTANCE FESTIVAL: BKB HANDS OVER MOTORCYCLE TO MEGA PRIZE WINNER

2025-05-16 00:00:00

Bangladesh Krishi Bank (BKB) has awarded 31 prizes to its remittance customers through lottery from March 1 to April 15 as part of 'Remittance Festival 2025'. Saddam Hossain, a remittance customer of the Baishmouja Bazar Branch under the Brahmanbaria region,...