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PCB faces $85m loss in hosting Champions Trophy 2025

2025-03-18 00:00:00

The Pakistan Cricket Board (PCB) has reportedly suffered a staggering $85 million (Rs 737.8 crore) loss after hosting the ICC Champions Trophy, a tournament in which the national team played only one home match before being eliminated, as reported by...

Jack Draper claims maiden ATP title

2025-03-18 00:00:00

INDIAN WELLS, United States, Mar 17 (Reuters): Jack Draper turned his childhood dreams into reality at Indian Wells on Sunday, claiming his maiden Masters 1000 title and catapulting himself into the top 10 for the first time after a rapid...

Mirra Andreeva youngest champion since 1999

2025-03-18 00:00:00

INDIAN WELLS, United States, Mar 17 (Reuters): Russian teenager Mirra Andreeva fought back to overcome world number one Aryna Sabalenka 2-6 6-4 6-3 in the Indian Wells final on Sunday, winning a second WTA 1000-level event in a row to...

Hamza Chowdhury hopes for victory against India

2025-03-18 00:00:00

Bangladeshi-origin English Premier League footballer Hamza Dewan Chowdhury, who is included in the 30-member Bangladesh preliminary squad for the AFC Asian Cup 2025 qualifiers, expressed hope that they will win the ensuing match against India, reports UNB."It is amazing, amazing,...

Moulvibazar flood control project hangs in balance

OUR CORRESPONDENT | 2025-03-18 00:00:00

SYLHET, Mar 17: Fate of the Tk1.0 billion (Tk100 crore) flood control project in Moulvibazar is still uncertain although deadline for completion of its work was extended for second time for one year, till June this year, official sources said.The...

South Korea opposition urges swift ruling on Yoon

2025-03-18 00:00:00

SEOUL, Mar 17 (AFP): South Korea's opposition party Monday urged the country's Constitutional Court to rule swiftly on suspended President Yoon Suk Yeol's impeachment, saying delays were "irresponsible" and causing social unrest.Yoon was impeached by lawmakers over his disastrous December...

Iran orders release of opposition leader

2025-03-18 00:00:00

TEHRAN, Mar 17 (AFP): Iranian authorities have ordered the release of prominent opposition leader Mehdi Karroubi, who has been under house arrest since 2011, local media reported Monday.The 87-year-old, together with former premier Mir Hossein Mousavi, led the "Green Movement"...

EU hosts donor confce for war-torn Syria

2025-03-18 00:00:00

BRUSSELS, Mar 17 (AFP): Germany on Monday kicked off a new pledging round of aid for Syria, as the EU hosts a donor drive for the war-torn country after the ouster of Bashar al-Assad.For the first time, the Syrian authorities...

Japan govt approval rate drops sharply

2025-03-18 00:00:00

TOKYO, Mar 17 (AFP): Approval ratings for Japanese Prime Minister Shigeru Ishiba's government have dropped sharply, polls showed Monday, as the leader faces a backlash for distributing expensive gift vouchers to rookie ruling-party lawmakers.The Liberal Democratic Party, which has governed...

Trump will talk to Putin today

2025-03-18 00:00:00

NEW YORK, Mar 17 (Reuters): US President Donald Trump said he plans to speak to Russian President Vladimir Putin on Tuesday and discuss ending the war in Ukraine, after positive talks between US and Russian officials in Moscow."We want to...

Restructuring banking sector

M Fazlur Rahman | 2025-03-18 00:00:00

Bangladesh's economic achievements over the past decades are at risk due to severe financial sector challenges. The banking sector is facing a crisis, with non-performing loans (NPLs) exceeding 30 per cent, capital and liquidity shortages, weak governance, and regulatory inefficiencies....

When will JnU students' accommodation crisis end?

2025-03-18 00:00:00

Jagannath University students have been grappling with a severe accommodation crisis for years, a fact that needs no elaboration. Governments change, and administrative chairs shuffle, yet the issue of resolving this crisis seems to elicit nothing but silence. For nearly...

Is Bangladesh ready to go cashless?

2025-03-18 00:00:00

Not long ago, carrying cash was the norm in Bangladesh for everything-from buying groceries to paying utility bills. Today, with just a few taps on a phone, money moves instantly. The rise of bKash, Nagad, Rocket, and online banking has...

Old habits die hard

Syed Fattahul Alim | 2025-03-18 00:00:00

Report that distribution of essential commodities at subsidised prices among Trading Corporation of Bangladesh (TCB)'s smart card holders is being controlled by local political leaders in Sitakunda upazila of Chattogram district smacks of what the average person was used to...

Ensuring smooth journey during Eid-ul-Fitr

Mir Mostafizur Rahaman | 2025-03-18 00:00:00

Eid-ul-Fitr, the largest and most cherished festival of the Muslim community, is just around the corner. Marking the end of the holy month of Ramadan, this joyous occasion is celebrated with great enthusiasm and devotion across the globe. In Bangladesh,...

Helping farmers store surplus crops

2025-03-18 00:00:00

Trade and commerce in this country remain as tricky as ever to take both the growers of crops of mass consumption and the consumers for a ride. Big businesses wield their all-pervasive power compelling farmers and the consumers to see...

A paradigm shift in banking

Md Touhidul Alam Khan | 2025-03-18 00:00:00

The global banking sector is undergoing a significant transformation with the introduction of the International Financial Reporting Standard 9 (IFRS 9), which mandates using the Expected Credit Loss (ECL) framework for credit loss provisioning. This shift from the traditional incurred-loss...

Smelly and dirty water remains stagnant for long at Sayedabad Bus Terminal

2025-03-17 00:00:00

Smelly and dirty water remains stagnant for long at Sayedabad Bus Terminal due to a faulty drainage system, but the authorities concerned do not seem to be bothered about it. The accumulation of such putrid water causes suffering for commuters...

Call for prompt action to stem tide of rapes

FE REPORT | 2025-03-17 00:00:00

The Transparency International Bangladesh (TIB) has called for a decisive step immediately to end the ongoing wave of rapes and brutal violence against women and children across the country.The Dhaka chapter of the Berlin-based anti-corruption watchdog also demanded quick and...

SpaceX discusses feasibility of services at Bangladesh airports

2025-03-17 00:00:00

SpaceX, the parent company of satellite-based internet service-provider Starlink, on Sunday discussed the feasibility of providing services at the airports in Bangladesh, reports BSS. The discussion was held between Civil Aviation Authority of Bangladesh (CAAB) Chairman Air-Vice Marshal Md. Manjur...

Court asks freeze of 21 accounts of three aides

FE REPORT | 2025-03-17 00:00:00

A Dhaka court on Sunday ordered the Anti-Corruption Commission (ACC) to freeze 21 bank accounts of three associates of Proshanta Kumar (PK) Halder.The three associates are FAS Finance and Investment Ltd chairman Md Siddiqur Rahman, and directors Mahfuza Rahman Baby...

IndustriALL calls on Bangladesh to uphold commitments

FE REPORT | 2025-03-17 00:00:00

Global rights group IndustriALL Global Union has called on Bangladesh's interim government to uphold the commitments outlined in the roadmap for labour rights reforms ahead of a key discussion at the International Labour Organisation (ILO).The ILO Governing Body is set...

Guterres eyes a most perfect democracy after reform

2025-03-17 00:00:00

UN Secretary-General Antonio Guterres concluded his Ramadan solidarity visit on Sunday morning, expressing his hope that Bangladesh would become one of the most perfect democracies in the world through reforms, reports UNB.Guterres left Hazrat Shahjalal International Airport at 9:55am on...

T-bills witness sharp increase in yields

FE REPORT | 2025-03-17 00:00:00

The yields on treasury bills (T-bills) increased significantly on Sunday as banks showed reluctance to invest their excess liquidity in the securities ahead of the upcoming Eid-ul-Fitr.The cut off yield, generally known as interest rate, on the 91-Day T-bills rose...

Govt prepares model PSC for a fresh bidding round

M AZIZUR RAHMAN | 2025-03-17 00:00:00

The government has moved to launch an onshore bidding round, 28 years after the previous one, to expedite hydrocarbon exploration in onshore areas with a view to meeting the country's mounting natural gas demand in industries, power plants and other...

Yunus meets senior police officers today

2025-03-17 00:00:00

Chief adviser Professor Muhammad Yunus will hold a special meeting today (Monday) with senior police officers on law-and-order issues, reports BSS.Some 127 SP level and senior officers will join the special meeting with the Chief Adviser at his office tomorrow,...

Prayer, Sehri, Iftar Timings (2025-03-17)

2025-03-17 00:00:00

Chickens are sold wholesale to retailers on the streets of Kaptan Bazar

2025-03-17 00:00:00

Chickens are sold wholesale to retailers on the streets of Kaptan Bazar area at midnight. Wholesalers, locally known as 'bapari', arrive here from different parts of the country to make a sale. — FE Photo by Shafiqul Alam

'Dhaka Central Univ' to be set up for seven colleges

FE REPORT | 2025-03-17 00:00:00

The name of the new university for seven government colleges in Dhaka has been finalised as 'Dhaka Central University (DCU)'.The decision was made at a meeting of the University Grants Commission (UGC) on Sunday where student representatives of seven colleges,...

NBFI deposits up 0.37pc in Oct-Dec

JUBAIR HASAN | 2025-03-17 00:00:00

Non-bank financial institutions (NBFIs) see a ray of hope for the industry's much-needed rebound with increased deposits in the second quarter (Q2) of this financial year.Not only did the deposits increase but the loans and advances distributed by them also...