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Under-invoicing in garment imports

Shiabur Rahman | 2025-03-28 00:00:00

Bangladesh has achieved a remarkable success in readymade garment export. Shelves of leading global brands cannot be imagined without made-in-Bangladesh garments. Still Indian and Pakistani dresses seem to have remained an integral part of Eid celebrations of Bangladeshi people, particularly...

Bangladesh's independence is unique but grossly undermined

Nilratan Halder | 2025-03-28 00:00:00

The usual fervour and euphoria have been missing to some extent from the celebration of the Independence Day this year. This is because of the confusion about and uncertainty over the future of the country. Controversial narratives about relations between...

Long wait for tax digitisation

2025-03-28 00:00:00

Despite years of discussion and enthusiasm surrounding digitisation in the country, it is quite baffling why crucial sectors that would benefit the most from automation have yet to see substantial progress. A prime example is the National Board of Revenue...

Former England bowler Lever dies aged 84

2025-03-28 00:00:00

LONDON, Mar 27 (AFP): Former England fast bowler Peter Lever, who helped his country win the 1970-71 Ashes series in Australia, has died aged 84.Lever took 41 wickets in 17 Tests and also featured in 10 one-day internationals, including the...

Argentina hope Messi will play at 2026 WC

2025-03-28 00:00:00

BUENOS AIRES, Argentina, Mar 27 (AP): Argentina is proving it can win without Lionel Messi, just in case he opts not to play in the 2026 World Cup.After Argentina secured a spot in next year's competition, the main question now...

Hamza leaves to rejoin his EPL club

2025-03-28 00:00:00

Bangladesh's first and only English Premier League-playing footballer Hamza Dewan Choudhury left the country for Manchester on Thursday noon by a Bangladesh Biman flight, to join his club Sheffield United, reports UNB.He left Hazrat Shahjalal International Airport in Dhaka for...

Nahid Rana prioritises Zimbabwe series over PSL

2025-03-28 00:00:00

CHAPAINAWABGANJ, Mar 27 (UNB): Bangladeshi pace sensation Nahid Rana said representing country is always the priority over franchise leagues like the Pakistan Premier League (PSL) to him, reports UNB."To me, representing my country is always the priority over franchise leagues...

Trump admin to end funding for childhood vaccines in world's poorest countries

2025-03-28 00:00:00

NEW YORK, Mar 27 (Reuters/AFP): President Donald Trump's administration plans to end US financial support for Gavi, an organisation that helps buy vaccines for children in developing countries, and will also scale back efforts to combat malaria, a document reviewed...

Hamas spokesman killed in Israeli strike on Gaza

2025-03-28 00:00:00

GAZA CITY, Mar 27 (AFP): Hamas said an Israeli air strike killed one of its official spokesmen in Gaza on Thursday, the latest high-ranking operative targeted since Israel resumed its bombardment.The group said in a statement it mourned the loss...

Ukraine-Russia truce deals run into trouble

2025-03-28 00:00:00

KYIV, Mar 27 (Reuters/BBC): Ukraine and Russia accused one another on Wednesday of flouting a truce on energy strikes brokered by the United States, and conditions set by Russia cast doubt over a planned ceasefire in the Black Sea.The United...

Gold futures hit record high as US tariffs spark trade tensions

2025-03-28 00:00:00

NEW DELHI, Mar 27 (Reuters): US gold futures scaled a record peak on Thursday, as investors sought the safe-haven asset in response to escalating global trade tensions and tumbling equity markets following US President Donald Trump's announcement of new auto...

European airlines will miss green jet fuel targets, CEOs warn

2025-03-28 00:00:00

BRUSSELS, Mar 27 (Reuters): The EU's requirement for 6 per cent of the jet fuel used by its airlines to be sustainable by 2030 is impossible to meet because of the cost and scarcity of green fuels, airline CEOs warned...

Oil steadies near one-month high

2025-03-28 00:00:00

LONDON, Mar 27 (Reuters): Oil prices were steady on Thursday as markets assessed new US tariffs, while concerns about global supply kept prices near one-month highs.Brent crude futures fell 14 cents, or 0.2 per cent, to $73.65 a barrel by...

Cultural fraternity bids tearful adieu to Sanjida Khatun

2025-03-27 12:00:00

Two years ago, Sanjida Khatun came to Chhayanaut in a wheelchair for an event celebrating her 90th birthday.This time, a sombre mood pervaded her beloved institution as she returned for the last time. Tearful colleagues, students, and fellow cultural figures...

Prayer, Sehri, Iftar Timings (2025-03-27)

2025-03-27 00:00:00

Shab-e-Qadr to be observed tonight

2025-03-27 00:00:00

The holy Shab-e-Qadr, also known as Lailatul Qadr (the Night of Decree) when the first verses of the holy Quran were revealed to Prophet Hazrat Muhammad (PBUH), will be observed across the country tonight (Thursday), reports BSS.The Muslims will pass...

HC issues rule on Shafik Rehman's 'Jai Jai Din' declaration

2025-03-27 00:00:00

The High Court has issued a rule asking why the declaration of Shafiq Rehman as the publisher and printer of the daily newspaper 'Jai Jai Din' should not be declared illegal, reports UNB.The court also questioned the cancellation of Sayed...

Robbery committed at Dhaka house

FE REPORT | 2025-03-27 00:00:00

An incident of robbery took place at a house in the city's Dhanmondi area in the early hours of Wednesday. Sources said a group of 15 to 20 people wearing RAB uniforms entered the House No. 8 at Dhanmondi at...

Transport owners to overcharge Eid travellers Tk 8.32b: JKS

FE REPORT | 2025-03-27 00:00:00

Public transport owners are going to overcharge Eid-ul-Fitr holidaymakers an estimated Tk 8.32 billion, said Bangladesh Jatri Kalyan Samity (JKS) on Wednesday.It said 220.75 million trips may be made in Dhaka and the surrounding areas, driven by Eid shopping and...

New record set on remittance earnings

2025-03-27 00:00:00

FE REPORTBangladesh has set a new record in remittance earnings, reaching an all-time high of $2.749 billion in just 24 days of March, with two more banking days remaining. According to Bangladesh Bank data, which compiles figures from all banks,...

UNGA adopts resolution on Rohingya crisis

FE REPORT | 2025-03-27 00:00:00

The United Nations General Assembly adopted a resolution on the scope, modalities, format, and organisation of the high-level conference on the situation of Rohingya Muslims and other minorities in Myanmar under the sponsorship of Malaysia and Finland, said a spokesperson...

OMS rice allocation increased by 400 tonnes a day

FE REPORT | 2025-03-27 00:00:00

To support low-income citizens, the food ministry has continued its subsidised rice sale programme across the country. Under this initiative, rice and flour are being sold at subsidised rates through 1,057 centres in city corporations, district headquarters, municipalities, and labour-intensive...

BSFIC gets Tk 300m govt loan to pay employees' gratuity, PF dues

2025-03-27 00:00:00

FE REPORTThe government provided a loan of Tk 300 million to the Bangladesh Sugar and Food Industries Corporation (BSFIC) to pay outstanding gratuity and provident funds for retired employees, according to a finance ministry order issued recently.The loan was approved...

Repayment outpaces foreign aid inflow

FE REPORT | 2025-03-27 00:00:00

Bangladesh spent US$2.636 billion in debt servicing against principal and interest during July-February of this fiscal year at a rising rate that outpaces receipt, according to officials, affecting execution of aided projects.The foreign-aid inflow dropped as both commitment and disbursement...

Bangladesh Ambassador to China Md Nazmul Islam and Vice Governor of Hainan Province receive CA Dr Muhammad Yunus

2025-03-27 00:00:00

Bangladesh Ambassador to China Md Nazmul Islam and Vice Governor of Hainan Province receive CA Dr Muhammad Yunus at Qionghai Bo'ao Int’l Airport in Hainan, China, on Wednesday. (Story on page 1) — Photo: CA's Press Wing

Indian President, PM greet Dr Yunus

FE REPORT | 2025-03-27 00:00:00

President of India Smt Droupadi Murmu and Prime Minister of India Shri Narendra Modi extended felicitations on the occasion of National Day of Bangladesh on Wednesday expressing their commitment to advancing the bilateral partnership."On behalf of the Government, the people...

Yield rise may make govt bank borrowing costlier

JASIM UDDIN HAROON | 2025-03-27 00:00:00

Government bank borrowings may be costlier from this fiscal year's last quarter for growing yields on sovereign securities, as rate rises already cast their shadows before. Economists and bankers believe the yield pressures may be zooming despite the borrowing target...

Nation celebrates Independence Day, salutes war heroes

FE DESK | 2025-03-27 00:00:00

Bangladesh Wednesday celebrated the 55th Independence and National Day with fresh spirits and rich tributes to the Liberation War heroes whose sacrifices helped the Bengalis wrest freedom from Pakistani occupation in 1971.A common aspiration for rebuilding Bangladesh as a democratic,...

Next ADP likely to be worth Tk 2.30t

SYFUL ISLAM | 2025-03-27 00:00:00

A relatively fat development budget worth Tk 2.30 trillion is likely to be prepared for the next fiscal year, too, by the interim government notwithstanding a staggeringly low execution of the outgoing ADP. By official count, only a fourth of...

CA arrives in Hainan to join Boao Forum meet

2025-03-27 00:00:00

HAINAN, China (BSS): Chief Adviser Professor Muhammad Yunus arrived here on Wednesday to join the Boao Forum for Asia (BFA) conference."A special flight carrying the Chief Adviser and entourage arrived in Qionghai Boao International Airport in Hainan at about 4:15pm...