Staff Reporter : The government has granted executive magistrate powers to commissioned officers of the Army nationwide.A gazette notification from the public administration ministry, issued on Tuesday, confirms that this authority is effective immediately and will last for the next 60 days. This move comes in response to widespread clashes related to quota reform protests. Following the deployment of the Army and the imposition of a nationwide curfew on July 19, the Sheikh Hasina government was overthrown by a student-led...
Staff Reporter : The interim government in Bangladesh has admitted it is unaware of the current status of ousted Prime Minister Sheikh Hasina during her visit to India, sparking concern over the implications for the country’s leadership. A senior official from the government, who requested anonymity, stated, “We are not fully informed of ousted Prime Minister Hasina’s whereabouts or the purpose of her landing in India at this point. However, we expect to receive updates soon.” This revelation has raised...
BSS : Bangladesh’s foreign exchange reserves have crossed $24 billion. “According to the latest data, foreign exchange reserves amount to $24.3 billion. It is close to $20 billion according to the BPM-6 calculation standard of the IMF,” said Bangladesh Bank (BB) spokesperson Husne Ara Shikha in a video message here yesterday. Net reserves are calculated according to the International Monetary Fund’s BPM-6 measure. Subtracting short-term liabilities from gross or total reserves gives the amount of net or actual reserves. The...
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...