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US tariff, rate fears rattle global stocks

Stock markets were rattled Wednesday by worries about incoming US president Donald Trump slapping tariffs on imports and the fading prospects for interest rate cuts...

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Russian gas cut triggers blackouts in Moldova region

The separatist Moldovan region of Transnistria ordered a second day of rolling blackouts on Saturday, as a shutdown in Russian gas supplies starved the pro-Moscow self-proclaimed state of energy...

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S Korea surprises with 2nd successive rate cut

South Korea’s central bank cut interest rates Thursday for the second time in a row in a surprise move, citing stabilising inflation and the need to mitigate growing economic risks...

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Hope for justice for Rohingyas

THE public statement of ICC prosecutor Karim Khan KC on the arrest warrant application against General Min Aung Hlaing during his recent visit to Bangladesh is a long-awaited but anticipated development in the ICC’s quest to ensure justice for the deported Rohingya population currently taking shelter in Bangladeshi refugee camps...

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ECNEC approves 5 projects worth Tk 5,916cr

The Executive Committee of the National Economic Council on Monday approved five projects involving an overall estimated cost of Tk 5,915.99 crore, including one for improving the sewerage system of Chattogram (catchment 2 and 4) with around Tk 5,152.55 crore...

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Trump names Scott Bessent as Treasury chief

US president-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs...

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Power cuts, austerity reveal energy crisis

Intermittent power outages despite substantial drop in the electricity demand together with the new austerity instruction issued on Monday underscore the country’s declining energy capacity...

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3 of a family electrocuted

Three members of a family died from electrocution at a house at Kadamtala in Sadar upazila of Kurigram district on Wednesday.

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ECNEC approves rail-cum-road bridge construction project at Kalurghat

The Executive Committee of National Economic Council on Monday approved a Taka 11,560.77 crore new rail-cum-road bridge project over the River Karnaphuli at Kalurghat beside the existing old bridge to ensure smooth and uninterrupted communication system between Chattogram and Cox’s Bazar.

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Govt should redress absence of law officers from court soon

THE government’s not effectively minding the absence, or presence, of public prosecutors and government pleaders in lower courts is delaying justice as judges are compelled to adjourn hearing during cross-examination of or deposition by witnesses, which undermines the delivery of justice. The law officers, including public prosecutors and government...

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Rashid appointed as MD, CEO of UCB

Mohammad Mamdudur Rashid has been appointed as managing director and chief executive officer of United Commercial Bank PLC recently, said a press release...

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World stocks rally

Asian and European stocks markets rallied Thursday, with a record high in Frankfurt, after the Federal Reserve announced a bumper interest-rate cut and pledged further reductions as inflation cools...

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ECNEC approves 4 projects worth Tk 1,222.14cr

The Executive Committee of the National Economic Council on Wednesday approved a total of four development projects involving an overall estimated cost of Taka 1,222.14 crore.

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Frequent power cuts due to looting of AL: BNP

Bangladesh Nationalist Party on Tuesday said that the frequency of power cuts had increased dramatically in the country due to the looting and laundering of huge amounts of money by the previous Awami League government.

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Efforts on to collect genocide evidence: Tajul

International Crimes Tribunal chief prosecutor Md Tajul Islam on Monday said that efforts were on to collect evidence of genocides those had been allegedly committed by past Awami League government while attempting to quell the recent anti-discrimination student movement...

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Steps to be taken to bring back Hasina to stand trial: chief prosecutor

Newly appointed chief prosecutor of the International Crimes Tribunal Md Tajul Islam on Sunday said that necessary steps would be taken to bring ousted prime minister Sheikh Hasina back to the country to stand trial over alleged crimes against humanity and genocide during the recent anti-discrimination student movement in Bangladesh...

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Salahuddin elected Modhumoti Bank EC chair

Salahuddin Alamgir has been elected executive committee chairman of Modhumoti Bank PLC during the bank’s 79th board meeting held on August 28, said a press release...