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Smelling coups smacks of disinformation hypes

FE REPORT | 2025-03-14 00:00:00

Dhaka rebuts a recent spate of "unfounded" stories in certain Indian media outlets, such as The Economic Times and India Today, smelling 'coups' or 'instability within Bangladesh Army' as not only baseless but also deeply irresponsible. "Such disinformation campaigns undermine...

Manzur Elahi laid to eternal rest after mournful funerals

FE REPORT | 2025-03-14 00:00:00

The curtain falls on an iconic patron in business and social service with the mournful funerals and burial of Syed Manzur Elahi.An eminent businessman and visionary entrepreneur in Bangladesh's business community, he was laid to eternal rest at the Banani...

UN Secretary-General Guterres in Dhaka

FE REPORT | 2025-03-14 00:00:00

Hopes get in high pitch about a remedy for the prolonged Rohingya crisis Bangladesh is burdened with as UN Secretary-General Antonio Guterres is now in Dhaka for a four-day visit. Foreign affairs adviser of the interim government Md Touhid Hossain...

Eight projects proposed to enhance gas reserves

JAHIDUL ISLAM | 2025-03-14 00:00:00

Eight new projects are proposed for survey, exploration and extraction of hydrocarbons to enhance gas reserves in a latest push to cut Bangladesh's dependence on foreign-exchange-sapping imported petroleum fuels.Sources say the total cost of the projects, put forward by Energy...

ACC seeks arrest of UP chairman for abnormal bank transactions

2025-03-14 00:00:00

The Anti-Corruption Commission (ACC) is seeking the arrest of Brahmandi Union Parishad (UP) Chairman Lak Mia (Araihazar, Narayanganj) on charges of unusual transactions of TK14,376 crore in his 49 bank accounts, reports UNB.The investigation officer of the case, ACC deputy...

Nanak's close aide snatched from police custody

2025-03-14 00:00:00

Golam Mostofa, a close aide of Awami League (AL) leader Jahangir Kabir Nanak, was snatched away from the police custody, reports BSS. Mostofa is accused in multiple cases relating to July mass uprising. Police sources said a police team from...

Court freezes 21 bank A/Cs of ex-MP Sadek, family

2025-03-14 00:00:00

A Dhaka court ordered to freeze 21 more bank accounts of former Dhaka-13 lawmaker Sadek Khan, his wife Ferdous Khan and son Fahim Sadek Khan, over graft allegations, reports BSS.Of the accounts, 14 accounts are in the name of Ferdous...

EC staff to go on work abstention from March 19

2025-03-14 00:00:00

Officials and employees of the Election Commission (EC) will go on a three-hour work abstention daily from March 19, demanding cancellation of the move to transfer NID operation to a separate registration entity, reports UNB.Convener of Bangladesh Election Commission Officers...

Travel ban on ex-minister Maya, wife, ex-BGB DG, wife

2025-03-14 00:00:00

A Dhaka court has imposed a travel ban on Awami League presidium member and former minister Mofazzal Hossain Chowdhury Maya and his wife Pervin Chowdhury over graft allegations, reports BSS.Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib passed the...

Nargis new BNP vice-chairman, Yasin chairperson's adviser

2025-03-14 00:00:00

BNP has appointed Nargis Begum, wife of late BNP standing committee member Tariqul Islam, as the party's vice-chairman, reports UNB.Besides, Haji Aminur Rashid Yasin, BNP's relief and rehabilitation affairs secretary, has been appointed a member of the party chairperson's advisory...

Fakhrul demands exemplary punishment to rapists of Magura girl

2025-03-14 00:00:00

Expressing deep sorrow over the death of Magura's eight-year-old rape victim, BNP Secretary General Mirza Fakhrul Islam Alamgir has demanded exemplary punishment to the culprits who raped and killed the little girl, report agencies.In a condolence message issued by BNP...

Weather (2025-03-14)

2025-03-14 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at one or two places over Sylhet division and weather may remain mainly dry with temporary partly cloudy sky elsewhere over the country until 6:00 pm today (Friday), according...

NEWS IN BRIEF --2025-03-14

2025-03-14 00:00:00

Vitamin A plus campaign for 22.6m children tomorrowThe national Vitamin A plus campaign will be held tomorrow (Saturday). The Ministry of Health and Family Welfare is determined to eliminate malnutrition and ensure good health for all children. To this end,...

BD-Gambia ink visa exemption deal

2025-03-14 00:00:00

Bangladesh and Gambia on Thursday signed an agreement on visa exemption for diplomatic and official passport holders, reports BSS.Home Adviser Lt. Gen. Md. Jahangir Alam Chowdhury (Retd.) and visiting Gambian Minister for Foreign Affairs and International Cooperation Dr. Mamadou Tangara...

Armed forces' magistracy power extended for another 60 days

FE REPORT | 2025-03-14 00:00:00

The government has extended the magistracy powers of commissioned officers in the Army, Navy, and Air Force for another 60 days, effective from March 15. This extension also applies to officers serving on deputation in the Bangladesh Coast Guard and...

Only seven parties give opinions, 16 seek time

2025-03-14 00:00:00

The National Consensus Commission has received opinions from only seven political parties, among 37, over the important reform recommendations within the stipulated timeframe (March 13), reports UNB.As 16 political parties sought a few more days to place their opinions, the...

Tax holiday facility on LPG demanded for businesses

FE REPORT | 2025-03-14 00:00:00

Bangladesh LPG Autogas Station & Conversion Workshop Owners Association demanded tax holiday facility for 10 years to help keep businesses alive and flourishing in this sector.They also demanded withdrawal of currently imposed 7.5 per cent value added tax (VAT) on...

Primary head teachers will get salary at grade-10: SC

FE REPORT | 2025-03-14 00:00:00

The Appellate Division of the Supreme Court on Thursday ordered the government to upgrade the salary structure of the headmasters of the government primary schools at grade-10 of the National Pay Scale and give them the status of second-class gazetted...

TEARY BYE TO INDUSTRIALIST AND ENTREPRENEUR SYED MANZUR ELAHI

2025-03-14 00:00:00

Citigroup plans to slash IT contractors, hire staff to improve controls

2025-03-14 00:00:00

LONDON/NEW YORK, Mar 13 (Reuters): Citigroup plans to dramatically reduce its reliance on information technology contractors and hire thousands of employees for IT as the lender grapples with regulatory punishments over data governance and deficient controls.Citigroup's head of technology Tim...

Games industry still a hostile environment for many women

2025-03-14 00:00:00

PARIS, Mar 13 (AFP): Five years on from a first wave of harassment scandals that rocked the world of gaming, multiple women working in the industry tell AFP they have seen or experienced sexism in the workplace, fearing economic hardship...

UBS considers sale of some real estate assets in asset management unit

2025-03-14 00:00:00

LONDON, Mar 13 (Reuters): UBS is considering selling part of its asset management division that is largely focused on real estate investments, two people with knowledge of the matter told Reuters, as the bank looks to revamp the group's smallest...

BLASCWOA demands tax holiday facility for 10 years

2025-03-14 00:00:00

Bangladesh LPG Autogas Station & Conversion Workshop Owners Association (BLASCWOA) demanded tax holiday facility for 10 years to help keep businesses alive and flourish in this sector.The association’s president Mohammad Serajul Mawla placed these demands during a pre-budget meeting with...

US corporate bond spreads hit widest in about 6 months on recession fears

2025-03-14 00:00:00

The spreads between the yields on corporate bonds and US Treasuries hit their widest since September this week, pointing to mounting investor worries about recession and a global trade war, reports Reuters.US investment-grade bond spreads hit 94 basis points on...

BRAC Bank’s female top-performerS AWARDED

2025-03-14 00:00:00

BRAC Bank has recognised the top-performing female staffers of its branch network, who achieved outstanding deposit business performance during the second half of 2024. The bank's Chairperson Meheriar M Hasan, Vice Chairperson Faruq Mayeenuddin Ahmed, directors Farzana Ahmed, Anita Ghazi...

Janata Bank arranges Remittance Service Fortnight

2025-03-14 00:00:00

With a view to enhancing foreign remittance, Janata Bank PLC is observing a 'Foreign Remittance Service Fortnight marking the Ramadan and Eid-ul-Fitre from March 06 to March 27, says a press release.Managing Director of the bank Md Mazibur Rahman urged...

Commodity prices stable, even on downtrend

2025-03-14 00:00:00

Commerce Adviser Sk. Bashir Uddin said on Thursday that the prices of commodities are stable even on downtrend during the holy month of Ramadan, reports BSS.The Commerce Adviser made this remark while addressing an Imam and Khatib gathering and Iftar...

Singapore-India owned company to invest $ 9.24m in BEPZA EZ

2025-03-14 00:00:00

The Bangladesh Export Processing Zones Authority (BEPZA) has signed a lease agreement with Allied Tobacco Company Limited, a Singapore-India-owned company, to establish a 100 per cent export-oriented cigarette manufacturing industry in the BEPZA Economic Zone (EZ), reports BSS.The company will...

NBR chairman vows action against tax evasion

2025-03-14 00:00:00

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan urged revenue officials on Thursday to adopt a more empathetic approach toward businesses to support economic growth, reports UNB."If we are not empathetic towards businesspeople, the country's economy will not...

Prime Bank to pay 20pc dividends for 2024

2025-03-14 00:00:00

Prime Bank has announced 20 per cent annual dividends for its shareholders for 2024. The board of directors of the bank approved its audited financial statements at a meeting on Thursday and recommended the dividend-- 17.5 per cent in cash...