City Desk : Finance Minister Abul Hassan Mahmood Ali has said that the government has taken plans to develop international standard tourism facilities in Rangpur, Chandpur, and Cox’s Bazar. “We are implementing a 25-year Tourism Master Plan to contribute to the economic development of Bangladesh through tourism,” said the minister while presenting the proposed budget for the 2024-2025 fiscal year amounting to Tk797,000 crore (Tk7.97 trillion) in parliament on Thursday. “The master plan will serve as a comprehensive roadmap to...
Day: June 8, 2024
Abu Jakir : The Awami League government’s proposed budget for the fiscal year 2024-2025 has faced unanimous rejection from the country’s major political parties. Critics argue that the budget lacks specific measures to address the ongoing economic crisis, including inflation, corruption, and instability in the banking sector. Leaders from various political factions have condemned the budget as a continuation of deficit financing without clear strategies to stabilise the economy. Mirza Fakhrul Islam Alamgir, Secretary General of the main opposition Bangladesh...
Business Report : Ongoing economic challenges will not make it easy to reduce inflation to 6.5 percent in the next fiscal year, said Atiur Rahman, the chairperson of Unnayan Shamannay. “If the inflation rate can be decreased to the targeted level, it would relieve people from the pressure of inflation,” he said during a media briefing today on the proposed budget at the Unnayan Shamannay office. Rahman, a former governor of the Bangladesh Bank, mentioned that the current inflation rate...
Staff Reporter : Two in every three children under five in Bangladesh are living in food poverty, according to UNICEF’s new report Child Food Poverty: Nutrition Deprivation in Early Childhood. This alarming statistic means that about 10 million Bangladeshi children consume fewer than the minimum five food groups recommended by UNICEF and WHO for adequate nutrition. Child food poverty severely impacts all children, with especially profound effects during early childhood. The report highlights that one in five children under five...
Staff Reporter : The Finance Minister presented the proposed budget for the 2024-25 fiscal year in parliament on June 6....
Captain Richie Berrington hit an unbeaten 47 to guide Scotland to a five-wicket victory over Namibia in their T20 Cricket World Cup (WC) Group-B game in Barbados on Thursday. Thwarted by the weather in their opening fixture two days earlier at the same venue, Berrington’s commanding knock off 36 balls (two fours, three sixes) and the timely support of Michael Leask (35 off 17 balls, four sixes) paced the Scots to a winning total of 157 for five with nine...
AFP, Dallas : The United States of America (USA) enjoyed arguably the greatest day in their cricket history as the non-Test nation beat Pakistan in a stunning Super Over upset at the T20 World Cup (WC) on Thursday. Both teams made 159 in their standard 20 overs of this Group-A match at Grand Prairie in Dallas of Texas. Then the United States, batting first in a Super Over bowled for Pakistan by veteran left-arm quick Mohammad Amir, made an 18...
Staff Reporter : Families of exiled leaders of Bangladesh’s main opposition party, the BNP, have accused the government of harassment campaigns against them. These allegations were made by family members of BNP leaders residing in the United Kingdom (UK), who claim that police and other law enforcement agencies in Bangladesh are targeting them. The allegations surfaced during a siege program at the Bangladesh High Commission in the UK and through various Facebook posts. The families reported facing various forms of...
AFP, Hong Kong : Palestine created history when they booked a place in the third round of the FIFA World Cup (WC) Qualifiers for the first time following a goalless draw on Thursday against Lebanon in Doha. Against the backdrop of the war in Gaza, the Palestinian team have already claimed a piece of footballing history this year by making a debut appearance in the Asian Cup knockout phase. On Thursday, Palestine, who came into the Group I match with...