Yields on BGTBs fall

The yields on two types of long-term Bangladesh Government Treasury Bonds (BGTBs) declined on Tuesday, as a section of banks expressed willingness to invest their excess liquidity in the securities.The cut-off yield, generally known as interest rate, on the 15-year...

Jahangir urges India to repatriate Bangladeshis through legal process

Home Adviser Lieutenant-General (Retd.) Md Jahangir Alam Chowdhury Tuesday urged India to follow the proper legal procedure in returning Bangladeshi nationals, expressing concern over a recent increase in cross-border push-ins, reports BSS."The number of push-ins at the border has increased....

Foreign ship docked with 470 reconditioned cars at Mongla Port

KHULNA, May 27 (BSS): A foreign ship carrying 470 reconditioned vehicles from Japan docked at Mongla Port on Monday noon.The ship, M.V. Viking Drive, bearing the flag of the Republic of the Marshall Islands, arrived at jetty no. 9 around...

Dhaka-Ctg oil pipeline lies idle despite completion

The country's maiden Dhaka-Chattogram oil-carrying pipeline remains idle and is awaiting commissioning despite completion of its construction work, sources said.Privately-owned tank lorry operators who have been transporting petroleum products over the years in the absence of any operational pipeline, continues...

SC acquits Jamaat leader Azharul of death penalty

The Appellate Division of the Supreme Court on Tuesday acquitted ATM Azharul Islam, a former Assistant Secretary-General of Bangladesh Jamaat-e-Islami, who was earlier given a death sentence on charges of committing crimes against humanity during the Liberation War in 1971....

Purchase of LNG, fertiliser, edible oil approved

The government on Tuesday approved a number of proposals allowing state entities to buy liquefied natural gas (LNG), fertiliser, and rice- bran oil, among others.The approvals came at a meeting of the Advisers' Council Committee on Government Purchase at the...

Prof Yunus looks to secure Japanese pvt investment

Chief Adviser Professor Muhammad Yunus has called for expedited development of key infrastructure in the Matarbari region to transform the coastal area into Bangladesh's premier manufacturing and export-oriented free-trade zone, said a spokesperson for the CA Office on Tuesday.The CA...

Budget aid of $500m expected during CA's Japan visit

Japan may provide 500 million US dollars as budgetary support for Bangladesh, against its request for one-billion-dollar, a government spokesperson said on Tuesday."We are expecting 500 million dollar budget support from Japan during the visit of Chief Adviser Professor Muhammad...

Prayer Timings (2025-05-28)

Trader shot, robbed of Tk 2.2m

A group of unidentified assailants shot a money exchange businessman and robbed local and foreign currencies worth over Tk 2.0 million (Tk 22 lakh) from him in broad daylight in the capital's Mirpur area on Tuesday morning.Victim Jahidul Islam (55),...

Govt officials stage no demo today

The agitating government officials and employees will not demonstrate today (Wednesday) at Bangladesh Secretariat as they were assured by the high-ups of the administration that their demand would be considered.They took the decision following a meeting on Tuesday with the...

Investment most pressing challenge for economy: CPD

Weak investment remains the most pressing challenge facing the economy, according to the Centre for Policy Dialogue (CPD), which expects that some uncertainties might ease after the upcoming general election."We have not been able to stimulate investment, and this is...

GDP growth marks post-Covid low at 3.97 per cent

Bangladesh's economy has faced a significant slowdown in the current fiscal year, with the three big sectors - agriculture, industry, and services - recording slower growth, official data showed on Tuesday.The FY25 gross domestic product (GDP) growth was recorded at...

BRAC Bank MD tenders resignation

Managing Director (MD) and Chief Executive Officer (CEO) of BRAC Bank PLC Selim R.F. Hussain has submitted his resignation to the board of directors, effective from Tuesday. The board has accepted Mr. Hussain's resignation and has sought Bangladesh Bank's approval...

Controversial 'minimum value' imposition on imports may go

A long-despised fiscal measure styled 'minimum value' provision in the customs act is up for getting axed to allow importers to assess transactional value for imposition of duty taxes, sources said.The much-debated provision has affected competitiveness and capital flow of...

Some $18b-$20b laundered during AL regime: Mansur

Some US$18 billion to 20 billion had been laundered during the deposed past regime and the central bank under the interim government launched an all-out drive for freezing the siphoned-off assets of Bangladeshis abroad, says Dr Ahsan H. Mansur.The main...

Next budget to have realistic goals

Bangladesh switches focus from macro- onto micro-centric economic activity with budgetary focus on trade expansion, job creation and investment that benefits all. Finance Adviser Dr Salehuddin Ahmed, the custodian of the national exchequer under the post-uprising government, explained the aforesaid...

Man killed by 'mentally challenged' son

NARSINGDI, May 27 (UNB): A man was killed allegedly by his 'mentally challenged' son with a crowbar at Bahechar Paschimpara village in Raipura upazila in Narsingdi in the early hours on Tuesday.The deceased was identified as Kabir Mia, 50, son...

Over 1,100 KUET staffers, employees unpaid in absence of VC

KHULNA, May 27 (UNB): Financial and administrative activities at Khulna University of Engineering and Technology (KUET) have come to a standstill as the university remains without a vice-chancellor (VC) for over a week.More than 1,100 teachers, staffers and employees have...

Jashore farmers reap good profits from paddy farming

BENAPOLE, May 27: Farmer Tahid Moni of Jashore has been earning Tk 17,000 to Tk 20,000 in profit by cultivating paddy on one bigha of land.He considers paddy cultivation his source of year-round financial security. Despite the rising production costs,...

Adverse weather leads to a halt in Cox's Bazar salt production

COX'S BAZAR, May 27: Salt production has come to a complete halt in the coastal areas of Cox's Bazar district due to adverse weather and rainfall, barring season's target achievement of the industry. The disruption has made it impossible to...

NEWS IN BRIEF 2025-05-28

US futuristic 'Golden Dome' risks spacenuclear war, says North Korea PYONGYANG, May 27: Pyongyang derided Donald Trump's recently announced defence system, which will be aimed at countering "next-generation" aerial threats including ballistic and cruise missiles. North Korea has criticised the...

Syria, Israel in talks focused on security

DAMASCUS, May 27 (Reuters): Israel and Syria are in direct contact and have in recent weeks held face-to-face meetings aimed at calming tensions and preventing conflict in the border region between the two longtime foes, five people familiar with the...

Russia accuses Ukraine of trying to derail peace talks

MOSCOW, May 27 (AFP): Russia said Tuesday that its massive aerial assaults on Ukraine in recent days were a "response" to escalating Ukrainian drone strikes on its own civilians, accusing Kyiv of trying to "disrupt" peace efforts.Moscow, which has repeatedly...

Iran president in Oman as N talks progress

MUSCAT, May 27 (AFP): Iranian President Masoud Pezeshkian on Tuesday began a two-day visit to Oman, which is mediating ongoing nuclear talks between Tehran and Washington.Pezeshkian travelled Muscat looking to promote "peace and stability", he said, two days after US...

UK to spend billions on job training to cut reliance on migrants

LONDON, May 27 (Reuters): Britain will spend a record 3 billion pounds ($4 billion) to boost training opportunities, the government said on Tuesday, part of a broader strategy to train locals to fill gaps in the labour market and reduce...

Sudan cholera outbreak kills 172 in one week

PORT SUDAN, May 27 (AFP): Sudan's health ministry reported on Tuesday a spike in cholera cases in the war-torn country, with 2,700 infections and 172 deaths in one week.In a statement, the ministry said 90 percent of cases were reported...

Majority of Gaza medical equipment supplies at 'stock zero': WHO

GAZA, May 27 (Reuters/AFP): The majority of supplies of medical equipment have run out in Gaza, while 42% of basic medicines including pain killers are out of stock, the World Health Organization said on Monday."We are at stock zero of...

Japan loses status as world's top creditor

TOKYO, May 27 (AFP): Japan has lost its position as the world's top creditor after 34 years, falling behind Germany, even as its net external assets last year hit a record high, officials said Tuesday.Japan's net external assets as of...

ASEAN opens summit with Gulf nations and China amid US tariffs threat

KUALA LUMPUR, Malaysia, May 27 (UNB): A regional association of Southeast Asian nations is set to hold a three-way summit Tuesday with China and six Gulf countries in what officials called an effort to bolster economic resilience as they grapple...