Staff Reporter : The Bangladesh Bank (BB) anticipates that the foreign exchange market, particularly the dollar rate, will stabilise in the coming days, thanks to an increased inflow of foreign currency and active interbank transactions. This was revealed by the central bank’s newly appointed spokesperson, Husne Ara Shikha, in a video message delivered in Dhaka on Tuesday. Shikha stated that the price of the US dollar is currently fluctuating between Tk 118 and 120, with the difference between the official...
Staff Reporter : The World Bank (WB) has announced that it could mobilise an additional $2 billion in new financing during the current fiscal year (FY) (2024-25) to support critical reforms, flood response, improved air quality, and healthcare in Bangladesh. During a meeting at the State Guest House Jamuna in Dhaka on Tuesday, the World Bank’s Country Director, Abdoulaye Seck, assured Chief Adviser Dr. Muhammad Yunus of the bank’s commitment to providing financial assistance to Bangladesh during this crucial period....
Staff Reporter : Chief Adviser of the interim government, Professor Dr. Muhammad Yunus, has called on the United States for...
Court Correspondent : Ousted Prime Minister Sheikh Hasina and 26 others were sued on Wednesday on charges of attempt to murder a lawyer of Dhaka Bar Association in front of the Supreme Court in December of 2013. Rehana Parvin, the victim, filed the case with the court of Dhaka’s Metropolitan Magistrate Arobia Khanam. The court asked the Officer-in-Charge of Shahbagh Police Station to submit a report after investigation into the incident. Former Home Minister Mohiuddin Khan Alamgir, Awami League General...
Reza Mahmud : The stock performance of Beximco Pharmaceuticals, a prominent company in Bangladesh’s pharmaceutical sector, appears to fluctuate in...
Court Correspondent : An accused in the Tanwir Muhammad Taqi murder case gave a confessional statement in the court on Sunday afternoon. The accused, Kajal Hawlader, was produced before the court after the remand and he willingly agreed to give a confessional statement under Section 164 of CrPC, said Inspector Abdur Rashid, in-charge of the Narayanganj court police outpost. The confession was recorded in the court of Senior Judicial Magistrate Haider Ali. Earlier, Kajal was placed on a 5-day remand...
Staff Reporter : The interim government has announced the official prices for eggs, Sonali chicken, and broiler chicken at the retail level, with eggs priced at Tk 11.87 each, Sonali chicken at Tk 269.64 per kilogram, and broiler chicken at Tk 179.59 per kilogram. At the production level, the price of eggs has been set at Tk 10.58 each, while the wholesale price stands at Tk 11.01. For Sonali chicken, the production price has been fixed at Tk 260.78 per...
Staff reporter : The reform initiatives undertaken by Bangladesh’s Interim Government, headed by Chief Adviser Dr Muhammad Yunus, have garnered significant support from international organisations, including USAID and the Asian Development Bank (ADB). The interim administration has been focusing on economic reforms, export diversification, tax reform, and recovering illicit funds siphoned abroad. On Sunday, a US delegation met with the government of Bangladesh to discuss these critical reforms. The discussions centred on potential support for the financial sector and cooperation...
Staff Reporter : The holy Eid-e-Miladunnabi, marking the birth and passing of Prophet Hazrat Muhammad (PBUH), will be observed across Bangladesh on Monday with due religious and spiritual solemnity. The day, falling on the 12th of Rabiul Awal in the Hijri calendar, commemorates the birth of the Prophet (PBUH) in 570 CE in Makkah, as well as his passing. President Mohammed Shahabuddin and Chief Adviser to the interim government, Professor Muhammad Yunus, have issued separate messages greeting the people of...
Diplomatic Correspondent : The US government stands ready to support its close ally Bangladesh in multifaceted arenas fostering inclusive economic growth, institution building and development to benefit the people of Bangladesh. The visiting US delegation made these commitments while meeting with Chief Adviser to the Interim Government Prof Muhammad Yunus, Foreign Adviser Md Touhid Hossain and others in different meetings on Sunday. Expressing US government’s keen interests, the delegation said that they are committed to helping expand economic opportunities, build...
Staff Reporter : A total of 422 activists of the Bangladesh Nationalist Party (BNP) were killed during the student-led mass movement in July and August, aimed at ousting the autocratic regime of Sheikh Hasina, according to BNP Secretary General Mirza Fakhrul Islam Alamgir. He shared this information at a press conference held at the BNP chairperson’s office in Gulshan on Sunday. Mirza Fakhrul also accused the government of instigating the current unrest among workers in the country’s industrial sectors, labeling...
AFP : Jordan’s Prime Minister Bisher Khasawneh submitted his resignation on Sunday to King Abdullah II, state media reported, after parliamentary elections dominated by frustration over the Gaza war. Under the kingdom’s constitution, the government usually resigns after legislative elections. It is the king who appoints the prime minister, not parliament which has limited powers. The country’s leading Islamist party, the Islamic Action Front, came out top in Tuesday’s poll, winning 31 out of the 138 seats in parliament. The...