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Industrial failures rooted in past misgovernance

2025-05-04 00:00:00

Labour and Employment Adviser Brig Gen (Retd) M Sakhawat Hossain blamed on Saturday past misgovernance and political abuse for the failure of the country's industrial sector, stating that factory owners used to hold political power and parliamentary positions, leading to...

EU wheat falls for fourth week on export gloom

2025-05-04 00:00:00

PARIS/HAMBURG, May 2 (Reuters): European wheat fell for a fourth consecutive week despite a technical rise on Friday, knocked by a strong euro against the dollar hampering export prospects on world markets.Benchmark September milling wheat on Paris-based Euronext, was up...

Farmers to get smart cards in place of 'fake' TCB cards: Adviser

2025-05-04 00:00:00

NARAYANGANJ, May 03 (BSS): Food Adviser Ali Imam Majumder said that smart cards would be given to the farmers after cancelling the 'fake' Trading Corporation of Bangladesh (TCB) cards."The farmers would be encouraged if they get fair prices of the...

Apple shares fall as buyback cuts, tariff fears fan investor jitters

2025-05-04 00:00:00

Apple shares fell 5 per cent on Friday after the company trimmed its stock buyback program and CEO Tim Cook flagged a $900 million tariff-related hit to costs this quarter amid a raging Sino-US trade war, reports Reuters.US President Donald...

Green shift worries RMG workers as businesses grow wary of new costs

Saifunnahar Sumi | 2025-05-04 00:00:00

Global buyers demand greener supply chains, but the financial pressure of transitioning to clean energy has raised serious concerns about its impact on workers who are the backbone of the country's ready-made garment (RMG) sector.Factories are under growing pressure to...

Rashed Chowdhury elected as MTB chair, Arif Dowla as vice chair

2025-05-04 00:00:00

Rashed Chowdhury has been elected as the chairman of Mutual Trust Bank (MTB), according to a statement.Prior to assuming this role, Mr Chowdhury was the vice chairman of the board and the chairman of the board executive committee of the...

Here is why some listed MFs see a turnaround in Q3

Mohammad Mufazzal | 2025-05-04 00:00:00

Despite extreme volatility in the equity market during January-March (Q3) of FY25, many close-ended mutual funds (MFs) have reported positive earnings for the period-a turnaround from losses in the same quarter a year ago.For example, ICB AMCL Sonali Bank Ltd....

The political and economic reset process

Muhammad Mahmood | 2025-05-04 00:00:00

The collapse of the Sheikh Hasina regime and her hasty escape to India on August 5 last year were shocking in their speed but not surprising. She has been residing in New Delhi since the day she fled from Bangladesh....

Discrimination against diploma pharmacists

2025-05-04 00:00:00

Diploma in Pharmacy is a rigorous four-year academic programme in Bangladesh, producing skilled pharmacists who play a vital role in the healthcare system. From hospitals and clinics to community pharmacies and regulatory bodies, these professionals ensure the safe and effective...

Press freedom and Bangladesh

2025-05-04 00:00:00

On May 3rd, the world observes Press Freedom Day, a reminder to honour and uphold the principles of free press. It is a day of support for media professionals and a call to eliminate restrictions on the press. In a...

Remittance inflow shines bright

2025-05-04 00:00:00

In April 2025, Bangladesh's remittance inflow is demonstrating remarkable strength, with an inflow of $2.27 billion reported during the first 26 days of the month, showcasing ongoing financial support from the nation's expatriates. This figure mirrors trends observed in previous...

Technical education reform an imperative

Atiqul Kabir Tuhin | 2025-05-04 00:00:00

Polytechnic students have been protesting since 16 April to realise their six-point demand, which includes the cancellation of a High Court verdict that allowed the promotion of craft instructors to the post of the junior instructor, age restrictions on new...

Developing a comprehensive labour database

Asjadul Kibria | 2025-05-04 00:00:00

Among the eight reform commissions formed by the Yunus-led interim government, the Labour Reform Commission, the last one to present its report, holds significant importance. This is the first time in Bangladesh's history that such a commission has been established...

Balancing revenue goals and growth

2025-05-04 00:00:00

As the government prepares the national budget for the upcoming fiscal year, its pre-budget consultation with trade bodies brought the longstanding issue of tax collection into sharp focus. This is unsurprising, given that businesses account for the majority of the...

Labour reform implementation key to starting a new journey

2025-05-03 12:00:00

Highlighting the importance of workers’ welfare through joint efforts, Chief Adviser professor Muhammad Yunus on Thursday said the mass desire to build New Bangladesh would remain unfulfilled if the workers' conditions remain unchanged like in the past, reports UNB."It's a...

Met Office forecasts one to two cyclones in May

2025-05-03 00:00:00

The Bangladesh Meteorological Department (BMD) says the rainfall in May is likely to be typical, but it has also forecast one to two cyclones throughout the month, reports bdnews24.com.On Thursday morning, a regular meeting of an expert committee was held...

SC sends letter to set up separate courts for civil, criminal cases

2025-05-03 00:00:00

The Supreme Court (SC) has sent a letter to the Ministry of Law, Justice and Parliamentary Affairs to set up separate courts for civil and criminal cases.This information was revealed on Friday in the news update on the website of...

BD moves 16 notches up above India, Pakistan

FE Desk | 2025-05-03 00:00:00

Bangladesh has advanced to the 149th position in Press Freedom Index in 2025 from 165th in 2024, surpassing India and Pakistan.Bangladesh has moved up 16 spots among 180 countries in 2025 and is now ranked 149th, an improvement from 165th...

Bangladeshis urged not to perform hajj sans permit

FE REPORT | 2025-05-03 00:00:00

The government has urged the Bangladeshis staying in Saudi Arabia not to perform hajj without a hajj permit.The religious affairs ministry made the request in a statement on Friday for smooth and better hajj management and welfare of pilgrims.The ministry...

NCP renews call for ban on AL

FE REPORT | 2025-05-03 00:00:00

The National Citizen Party (NCP) has renewed its call for a complete ban on the Awami League (AL), warning that no national election will be accepted until the ousted ruling party is outlawed, its affiliates are dissolved, and comprehensive political...

Decision on corridor must come from parliament: Tarique

2025-05-03 00:00:00

Opposing the interim government's move to provide a humanitarian corridor for Myanmar's Rakhine State, BNP Acting Chairman Tarique Rahman on Thursday said only an elected parliament can make such a sensitive decision, reports UNB. "The freedom-loving people of the country...

China widens lead as top import source of BD

JASIM UDDIN HAROON | 2025-05-03 00:00:00

China has further consolidated its position as Bangladesh's largest import source, with its share of the South Asian country's import basket having grown significantly during the October-December quarter of 2024, according to the Bangladesh Bureau of Statistics (BBS).In December 2024,...

Prayer Timings (2025-05-03)

2025-05-03 00:00:00

A child looks on as people look for survivors in the rubble of a building

2025-05-03 00:00:00

A child looks on as people look for survivors in the rubble of a building hit in an Israeli strike in the Bureij camp for Palestinian refugees in the central Gaza Strip on Saturday. — AFP

Pakistani Kashmir orders stockpiling of food as India tensions flare

2025-05-03 00:00:00

MUZAFFARABAD, May 2 (AFP): Pakistan-administered Kashmir called on residents near the de facto border with India to stockpile food on Friday as tensions flare between the arch-rivals following a deadly attack last month.India blames Pakistan for backing a shooting on...

Dev budget for two seaports may bloat

FHM HUMAYAN KABIR | 2025-05-03 00:00:00

Interim government's focus on developing Matarbari deep-sea port and Mongla seaport as shipping hubs necessitates huge funds as the Ministry of Shipping has sought nearly 50-percent higher allocations in the upcoming budget.Officials say the Matarbari port development is likely to...

Khaleda returns home Monday with 2 daughters-in-law

2025-05-03 00:00:00

BNP chairperson and former Prime Minister Begum Khaleda Zia is set to return home Monday after a four-month stay in London for advanced medical treatment, report agencies.She is expected to be accompanied by her two daughters-in-law, Dr Zubaida Rahman and...

Joint-venture co seeks $110m loan from India's Exim Bank

SYFUL ISLAM | 2025-05-03 00:00:00

Rampal 1320-megawatt power plant is about to run out of coal stock and the exigency prompts the management to urge financial backup for the fuel import to continue operation, officials said.Authority of the power plant, a joint-venture company owned by...

Freelancers stash chunks of earnings in foreign coffers

JUBAIR HASAN | 2025-05-03 00:00:00

Bangladesh misses out on substantial sums of foreign currencies as most freelancers are not repatriating much of their cross-border incomes for multiple disincentives, including lower gains and higher promotional expenses, sources say.Much lesser exchange-rate gains for the remitters and higher...

Weather (2025-05-03)

2025-05-03 00:00:00

Rain/thunder showers and temporary gusty wind is likely to occur at one or two places over Rangpur, Rajshahi, Dhaka, Mymensingh, Khulna, Barishal, Sylhet and Chattogram divisions until 6:00 pm today (Saturday), according to the Met Office. Day temperature may remain...