German co Sonnex to set up 500MW Solar PV module hub in Bangladesh

With dozens of solar power plants in the establishment stage, a German company has come forward to set up a 500-megawatt (MW) Solar PV module-manufacturing hub in Bangladesh to tap the market potential here.Sonnex Energie GmbH is a premium quality...

50 hurt as police disperse JnU march

At least 50 people, including teachers, students and journalists, were injured on Wednesday when police dispersed a long march organised by Jagannath University (JnU) towards the chief adviser's residence Jamuna for realising their three-point demand.Of the injured persons, 10 were...

Israeli airstrikes in Gaza kill 60

DEIR AL-BALAH, Gaza Strip, May 14 (AP): At least 22 children were killed in Gaza early Wednesday in a punishing series of Israeli airstrikes across Gaza, according to local hospitals and health officials.The strikes killed at least 60 people in...

GP sees network outage

Grameenphone, the country's leading mobile telecom operator, experienced a temporary network outage on Wednesday, disrupting 4G services and affecting mainly data usage and partly voice calls for a significant number of users.Customers began reporting issues shortly after 4:30 pm, noting...

Decision to ban import, production suspended for three months

The Bangladesh Telecommunication Regulatory Commission (BTRC) has suspended its decision to ban the import, production, and marketing of single-band Wi-Fi routers, granting a three-month grace period in public interest.In a circular issued recently, the Spectrum Division of the BTRC stated...

BNP, JCD demand justice in DU student Shammo’s murder

The leaders and activists of Jatiotabadi Chatradal (JCD) on Wednesday held a protest rally on the Dhaka University campus where they demanded the resignation of the university's vice-chancellor and proctor.JCD leaders made this demand at a short rally in front...

Officials abstain from work on day 1

Officials and employees of the National Board of Revenue (NBR) observed a pen-down strike on Wednesday as part of their three-day protest against a newly issued ordinance that abolished the Internal Resources Division (IRD) and split the NBR into two...

Pending part's work to resume soon

The hurdle to resuming the construction of the Dhaka Elevated Expressway's (DEE) unfinished part is expected to be over after nearly a year with the completion of the formalities of transferring all the shares of First Dhaka Elevated Expressway (FDEE)...

Govt moves to probe graft allegations over ADB-funded project

The interim government has taken steps to investigate alleged irregularities in the Capital Market Development Programme (CMDP), implemented by the Bangladesh Securities and Exchange Commission (BSEC), officials said.As part of the move, the Financial Institutions Division (FID) has formed a...

Prayer Timings (2025-05-15)

Probe begins into nine banks' dubious forex dealings

A special regulatory probe into nine commercial banks with higher exposure to the foreign-exchange market begins to prevent potential volatility as Bangladesh transitions into a band-centric floating exchange-rate regime, officials said.Nine teams of Bangladesh Bank (BB) have been fielded to...

IMF for immediate execution of new forex regime, revenue reforms

On striking a delayed fund-release deal with Bangladesh, the International Monetary Fund (IMF) wants quicker implementation of an agreed new exchange-rate regime and tax reforms for boosting revenue generation.As the IMF desire for dos was made known Wednesday, the interim...

Titas proposes Tk 81b project to reduce gas wastage

Titas Gas Transmission and Distribution PLC wants to implement an ambitious Tk 81.61 billion project to reduce gas wastage by installing around 2,781 kilometres of new distribution lines and upgrading 5,000 kilometres of existing ones in the Dhaka, Gazipur, and...

World-class firms to operate Ctg port: CA

CHATTOGRAM, May 14 (BSS): Chief Adviser Professor Muhammad Yunus said on Wednesday the Interim Government had taken initiatives to turn Chittagong Port into a world-class one by entrusting its management to global operators.He said this while speaking at the New...

Market-driven forex rate with $500m guardrails decided

Bangladesh finally moves towards market-driven exchange rate, with US$500-million guardrails against instability on the foreign-exchange market, to remove a last roadblock to IMF loan payout worth $1.3 billion. Foreign financiers have now confirmed providing an aggregate sum of $3.5 billion...

Supporters rally for Ishraque's swearing-in as DSCC mayor

Supporters of BNP leader Ishraque Hossain staged a demonstration on Wednesday, demanding that he be given the responsibilities of mayor of the Dhaka South City Corporation (DSCC) immediately.A significant number of people took part in the demonstration in front of...

Zubaida gets HC bail

The High Court on Wednesday granted bail to BNP Acting Chairman Tarique Rahman's wife Zubaida Rahman, accepting her appeal against her three-year jail sentence in a corruption case.An HC bench of Justice Md Khasruzzaman passed the order after hearing a...

SC verdict on Jamaat's reg, polls symbol June 1

The Appellate Division of the Supreme Court on Wednesday set June 1 this year for delivering its verdict on an appeal petition filed by Bangladesh Jamaat-e-Islami against a High Court verdict that declared the party's registration with the Election Commission...

Weather (2025-05-15)

Rain/thunder showers with lightning flashes and temporary gusty wind is likely to occur at a few places over Mymensingh and Sylhet divisions until 6:00 pm today (Thursday), according to the Met office. The highest temperature of the country was recorded...

102nd birth anniv of Mirza Mehdy Ispahani observed

The 102nd birth anniversary of Mirza Mehdy Ispahani, former chairman of MM Ispahani Ltd, and founder of Mirza Ahmed Ispahani High School, was observed on Wednesday with due respect and solemnity on the school premises in Pahartali of Chattogram, says...

Research finds pesticides in 13pc of dried-fish samples

Around 13 per cent of the dried-fish samples have been found contaminated by chemical pesticides, according to latest research findings. On the other hand, the remaining tested dried-fish samples have been found to be safe.According to the research, the level...

In Tesla's wake, more big companies propose voting "Dexit" to depart Delaware

WILMINGTON, DEL., May 14 (Reuters): In the coming weeks, investors in nine public companies worth at least $1 billion each will vote on proposals to ditch Delaware as their place of incorporation, potentially denting the state's longtime reputation as Corporate...

NATIONAL FINANCE AND TROPICAL HOMES SIGN MOU FOR LOAN SERVICES

National Finance and Tropical Homes Limited have entered into a strategic partnership with the signing of a Memorandum of Understanding (MoU). As part of the agreement, clients purchasing properties from Tropical Homes will now enjoy preferential loan rates and expedited...

New BJSA chair, vice chair elected

The Bangladesh Jute Spinners Association (BJSA) has elected Tapas Pramanik as its chairman and Sk Farook Hossain as vice chairman.The new executive committee of the association for 2025-2026 and 2026-2027 was formed at its 46th Annual General Meeting held at...

Nestle launches NIDO 5+

Nestlé Bangladesh PLC launched its latest product, NIDO School Age 5+, especifically designed for school-going children, on Monday. The Ambassador of Switzerland to Bangladesh, Reto Renggli, launched the product as the chief guest. NIDO 5+is the only Swiss brand that...

Bank Asia Agent Banking introduces 'Wet Market Collection' service

Bank Asia Agent Banking for the first time has introduced wet market-centric customer service initiative 'Wet Market Collection' aiming to simplify, secure and digitize cash handling for small-large scale traders in local wet markets and make daily transactions more efficient...

BRAC Bank, VisionSpring eye care to reach 61,500

A partnership of BRAC Bank and VisionSpring to screen the vision of workforce groups and communities requiring eye care will reach 61,500 individuals by the end of 2025, with 40 per cent of the target group already covered.More than 80...

With overdue bills cleared, BD set for regular payments to LNG, oil suppliers

Bangladesh is now optimistic enough about paying the suppliers of liquefied natural gas (LNG) and petroleum products and international oil companies (IOCs) on a regular basis in the future."As all overdue bills are cleared now, making timely payments to energy...

IPDC Finance's profit up 98pc on high investment income

IPDC Finance has reported a 98.8 per cent year-on-year surge in profit to Tk 37 million for the first quarter through March this year, supported by high returns from investments in government securities. Investment income saw a sharp 134.8 per...

Central bank is to protect depositors, not investors, BB governor says

Bangladesh Bank Governor Ahsan H Mansur said the central bank would not be lenient while taking measures to discipline the banking sector.He said this at a virtual press conference from Dubai when his attention was drawn to the matter that...