Govt cuts public food imports to save forex

Bangladesh plans to cut public foodgrain imports in the next fiscal year in an effort to save foreign currencies and avoid putting further pressure on the already strained forex reserves. 

Inflation hits 11-year high

If there is one indicator that epitomises the government’s mismanagement of the economy in recent times, it is inflation -- which raced to an 11-year high of 9.94 percent in May.

Malaysia, Bangladesh discuss expansion of labour market, worker safety

Expatriates' Welfare and Overseas Employment Minister Imran Ahmed yesterday held talks with Malaysian Home Minister Saifuddin Nasutin Bin Ismail on the development and expansion of Bangladesh's labour market in Malaysia

The picture doesn’t reflect the reality

The recent photograph of Abul Hasnat Abdulalh hugging his younger brother Abul Khair Abdullah brought some relief to the grassroot Awami League leaders and activists of Barishal as they thought it was an indication of them uniting ahead of the city polls.

Deprived of funds, airlines cut flights

Turkish Airlines used to fly to Dhaka twice a day but it has been operating one flight a day for a year since it cannot repatriate to Istanbul $24 million it earned here from ticket sales and by moving freight.

Microsoft to pay $20 million to settle US charges for violating children's privacy

Microsoft will pay $20 million to settle US Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from children without their parents' consent, the FTC said on Monday

2 siblings die after pest control cleans home

Two siblings have died allegedly from pesticide poisoning after a cleaning service provider used pest control in their house in Dhaka’s Bashundhara Residential Area

Rohingyas should not be forced to return: UN

The Rohingyas wishing to return to Myanmar should have access to clear, factual information to be able to make free and informed decisions, and under no condition should be forced to return, said UN Deputy High Commissioner for Refugees, Kelly T Clements

39 firms to get productivity, quality award

Thirty nine firms are going to get the “National Productivity and Quality Excellence Award 2021” in recognition of their continuous improvement in productivity and quality. 

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3 submarine cable firms to team up owing to US dollar crunch

Three private submarine cables have backtracked from their initial decisions to supply bandwidth separately through undersea cables and have now agreed to collaborate on one connection amid the US dollar shortage. 

Islamic banks’ loan surges 9 times their deposits in a year

Investments made by full-fledged Islamic banks in Bangladesh surged nearly nine times their deposits in a span of a year, raising questions as private sector credit growth has slowed in the entire banking sector, official figures showed.  

One-Point Movement: BNP, Jamaat reconcile

The awkwardness of the BNP-Jamaat relationship that emerged over a year is apparently fading with Jamaat deciding to join the BNP’s one-point simultaneous movement to oust the government.

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Brazil and Spain to play friendly in anti-racism campaign

Brazil will play a friendly against Spain next March as part of an anti-racism campaign under the slogan 'One skin', both countries' football federations announced on Monday.

Zverev knocks out Dimitrov for French Open quarterfinal spot

An aggressive Alexander Zverev punched his ticket into the French Open quarterfinals with a 6-1, 6-4, 6-3 win over Bulgarian 28th seed Grigor Dimitrov on Monday to raise hopes that his barren Grand Slam run could finally end.

ACC sues ex-secy for graft

The Anti-Corruption Commission (ACC) today filed a case against former secretary Dr Proshanto Kumar Roy for amassing about Tk 1.25 crore beyond his known source of income..ACC’s Deputy Director Mashiur Rahman filed the case with its integrated district office against Proshanto, who was als

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Thousands of trees being felled on Tangail-Aricha highway

As many as 2,379 trees are being cut down along the Tangail-Aricha highway for the sake of development work. Among them, many are centuries old.

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Failure in visa processing: 90 hajj agencies show-caused

The religious affairs ministry issued show cause notice to 90 private hajj agencies for not starting the visa process for hajj pilgrims within three days despite its instructions

39 firms to get National Productivity and Quality Excellence Award 2021

The industries ministry shared the names through a gazette notification

Payra Plant’s Temporary Closure: Govt counting on power plants under trial run

With the country’s biggest power producer, Payra Power Plant, temporarily closing yesterday, the government is now looking at plants that are doing dry runs to ease load shedding.