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Buffer stock and expanded OMS suggested for taming inflation

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

As the measures taken through monetary policy are failing to tame indomitable inflation in Bangladesh, eminent economists suggest the government enhance food stock and raise open-market sale of foodstuffs to mitigate inflationary pressure on the commoners.They came up with the...

Bangladesh Bank smells big-bet investment fraud, launches action

DOULOT AKTER MALA | 2025-03-17 00:00:00

All bank accounts of OGS Bangladesh have been seized by the central bank for allegedly running a Ponzi scheme that fools investors with lucrative profits, in a resurgence of MLM frauds. A Ponzi scheme is an investment fraud that pays...

Revenue shortfall may soar to Tk 1.05t in FY25

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

Government revenue shortfall could soar to Tk 1.05 trillion at the end of this fiscal year even after factoring in the potential sources to boost collection, says the CPD about state of the outgoing fiscal while drawing next national budget's...

HC upholds death to 20, life term to five

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

The High Court on Sunday upheld the death sentence of 20 convicts and life imprisonment of five others in a case filed over the murder of BUET student Abrar Fahad.Earlier, a lower court handed down the same verdict in the...

Weather (2025-03-17)

2025-03-17 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at one or two places over Sylhet division in the next 24 hours from 06:00 am today (Monday), according to the Met Office. Weather may remain dry with temporary...

NEWS IN BRIEF-2025-03-17

2025-03-17 00:00:00

Rashly driven car claims woman's life in cityA woman was killed, as a recklessly driven car knocked down her on the Outer Circular Road in the capital's Shahjahanpur area on Sunday. A sub-inspector (SI) of Shahjahanpur Police Station said the...

Training launched for drivers, assistants

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

An initiative has been taken to train drivers and assistants of public buses to prevent sexual harassment, which a large number of female bus commuters are regularly facing.According to a study conducted by BRAC, 94 per cent women in Bangladesh...

CA’s China visit to focus on investments, relocation of factories

2025-03-17 00:00:00

Chief Advisor (CA) Muhammad Yunus's upcoming trip to China will primarily focus on attracting Chinese investment and businesses to Bangladesh, according to his Press Secretary Shafiqul Alam, reports bdnews24.com.In preparation for the four-day visit starting on March 26, Dr. Yunus...

City planners, environ experts suggest proper DAP execution

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

City planners, environmentalists and experts at a discussion on Sunday suggested proper implementation of the Detailed Area Plan (DAP) to build an inclusive and equitable Dhaka for future generations.The urgency came at the discussion on the initiatives to revise the...

BNP groups fight inside police station over AL leader's release

2025-03-17 00:00:00

RAJSHAHI, Mar 16 (UNB): Two groups of Rajshahi BNP scuffled inside a police station on Saturday over the release of an Awami League (AL) leader accused in a case filed for allegedly attacking protesters during the July Uprising.Besides, AL leader...

ACC files graft cases against ex-minister Inu, wife

2025-03-17 00:00:00

The Anti-Corruption Commission (ACC) has filed two separate cases against former Information Minister Hasanul Haque Inu and his wife, former Member of Parliament (Reserved) Afroza Haque for acquiring wealth worth about Tk 63.4 million illegally, reports BSS.ACC Director General (DG-Prevention)...

Four more parties place opinions

2025-03-17 00:00:00

The National Consensus Commission has received opinions from four more political parties regarding the reform recommendations, reports UNB.Earlier, seven political parties out of 38 ones submitted their complete opinions before the consensus commission within the stipulated timeframe of March 13.So,...

Tarique promises trial for killings in 2024 uprising, if BNP wins

2025-03-17 00:00:00

BNP Acting Chairman Tarique Rahman on Sunday promised his party would bring those responsible for the tortures and killings during the anti-autocratic movement and the 2024 mass uprising under trial, if it is voted to power, reports UNB."We can firmly...

EU to support BD in holding polls meeting int'l standards

2025-03-17 00:00:00

The European Union (EU) will support Bangladesh to conduct elections in line with international standards with a significant financial package as well as its experiences and expertise, reports UNB."The EU will support the conduct of elections in this country in...

Two BD NGOs to receive Tk 16.3m grant from Japan

2025-03-17 00:00:00

extended on Sunday a grant of U$ 135,237, which is approximately Tk 16.3 million, to two Bangladeshi NGOs - MedGlobal Inc. and Training Assistance and Rural Advancement Non-Government Organization, reports UNB. Ambassador of Japan to Bangladesh Saida Shinichi signed the...

Baidu launches two new AI models

2025-03-17 00:00:00

HONG KONG, Mar 16 (Reuters): China's Baidu said on Sunday it has launched two new artificial intelligence models, including a new reasoning-focused model that \it said rivalled DeepSeek's model, as it vies to stand out in a fiercely competitive AI...

Global trade hits record $33tn in 2024, growing by 3.7pc

2025-03-17 00:00:00

RIYADH, Mar 16 (Arab News): Global trade reached a record high of $33 trillion in 2024, marking a 3.7 per cent increase from the previous year, driven by an uptick in the services sector. According to the latest Global Trade...

NBR to digitise its activities under master plan

2025-03-17 00:00:00

The National Board of Revenue (NBR) has taken a master plan to digitise all of its activities to ensure that digital services reach the taxpayers, reports UNB."In future all activities of the NBR will be through digital platform. We will...

SONALI BANK HOLDS BUSINESS CONFERENCE IN CHATTOGRAM

2025-03-17 00:00:00

Sonali Bank PLC held a Divisional Business Conference at the World Trade Centre conference hall in Chattogram on Saturday. Chairman of the bank's Board of Director Mohammad Muslim Chowdhury attended the conference as the chief guest while MD & CEO...

Brac Bank hosts TARA Uddokta Mela

2025-03-17 00:00:00

A two-day exposition, 'TARA Uddokta Mela 2025' commenced on Sunday at the Aloki Convention Center on Gulshan-Tejgaon Link Road in the capital, ahead of Eid.The exhibition was open to the public from 12:00 noon to 11:00pm on the opening day...

MTB FOUNDATION SIGNS AGREEMENT WITH PFDA-VTC TRUST

2025-03-17 00:00:00

MTB Foundation recently signed an agreement with PFDA - Vocational Training Centre (PFDA-VTC) Trust for the project titled 'Capacity development of teachers, parents, caregivers and rtudents with autism spectrum disorders for adolescent sexual reproductive health (SRH)'. The initiative is aimed...

Donald Trump makes Chinese stocks (somewhat) great again

2025-03-17 00:00:00

SINGAPORE/HONG KONG, March 16 (Reuters): As US President Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities.Hong Kong's benchmark Hang Seng Index - where many major Chinese companies are listed...

Shinepukur Ceramics flies high despite losses

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

Shinepukur Ceramics has been flying high on the Dhaka bourse despite facing significant operational and financial challenges since the political changeover in August last year.The tableware manufacturer's stock jumped 76 per cent in the month through Sunday to Tk 22...

Merger is the answer to dysfunctional insurance industry: Studies

FARHAN FARDAUS | 2025-03-17 00:00:00

Stakeholders in the country's insurance sector have suggested that weak companies should be merged with better performers to ease competition and improve service quality.The recommendation has been made in a research paper recently submitted to the chief of the insurance...

FIRST SECURITY ISLAMI BANK'S 291st BOARD MEETING HELD

2025-03-17 00:00:00

The 291st meeting of the Board of Directors of First Security Islami Bank PLC was held at the FSIB Head Office in Dhaka recently, with Mohammad Abdul Mannan, Chairman of the Board, in the chair. Md Azizur Rahman, Vice Chairman,...

Asian spot LNG prices dip amid tepid demand

2025-03-17 00:00:00

SINGAPORE, Mar 16 (Reuters): Asian spot liquefied natural gas (LNG) prices slipped last week to a three-month low, as tepid demand in the region persists and Europe continues to attract Atlantic basin cargoes.The average LNG price for April delivery into...

Gold prices surge in local market

2025-03-17 00:00:00

The price of gold has surged once again in Bangladesh, with an increase of Tk 2,613 per bhori.The Bangladesh Jewellers Association (Bajus) has set the new price for 22-carat gold at Tk 153,475 per bhori, with effect from Monday, reports...

Banks asked to operate school banking via nearby branches

2025-03-17 00:00:00

Bangladesh Bank has instructed all scheduled banks to conduct school banking activities through their nearest branches, ensuring that students can directly access services.The central bank issued a notification on Sunday, outlining that every scheduled bank branch must facilitate school banking...

DCCI seeks Sri Lanka's cooperation in deep sea fishing, tourism

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

President of Dhaka Chamber of Commerce and Industry (DCCI) Taskeen Ahmed urged Sri Lanka to cooperate in the development of deep sea fishing and tourism sectors in Bangladesh. He made the request while High Commissioner of Sri Lanka to Bangladesh...

NEWS IN BRIEF --2025-03-17

2025-03-17 00:00:00

'Disturbing rise in anti-Muslimbigotry' exists: UN chiefNEW YORK, Mar 16: United Nations Secretary-General Antonio Guterres said on Friday there was a "disturbing rise in anti-Muslim bigotry" around the world while urging online tech platforms to curb hate speech and harassment....