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Capacity charge set to soar to Tk 38,000cr

The power sector fixed cost is set to reach Tk 38,000 crore in the current financial year of 2024–25 as installed power generation capacity keeps growing amidst rather a static demand. 

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Govt should, rather, improve public industry management

FOUR state-run corporations having counted Tk 282.38 billion in losses in 28 years is a glaring example of inefficiency and mismanagement. The mismanagement in two corporations, the Bangladesh Jute Mills Corporation and the Bangladesh Sugar and Food Industries Corporation, resulted in the closure of 31 mills during the third tenure, 2019–2024, of the...

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4 SoEs in Bangladesh count Tk 28,238cr in losses in 28 years

Four state-run corporations incurred losses of about Tk 28,238 crore in the past 28 years mainly because of inefficient operation forcing the successive governments to close down 37 mills and factories of the corporations in the period.

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Mass Uprising Day today

The historic ‘Mass Uprising Day’, commemorating the 1969’s movement for autonomy from the then East Pakistan that eventually led to the Liberation War and the emergence of Bangladesh in 1971, will be observed on Friday in a befitting manner...

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TRUMP POLICY SHIFTS: Bangladesh treads tightropes

THE Trump presidency has significantly shaped the trajectory of US-Bangladesh relations, departing from traditional diplomacy and ushering in a transactional foreign policy approach. Under Trump’s leadership, US foreign policy pivoted away from multilateral engagements, focusing instead on bilateral dealings driven by immediate strategic interests...

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INCREASING INTERN ALLOWANCE: SAU vet students continue class boycott

The veterinary faculty students of Sylhet Agricultural University staged demonstrations for the second day on Wednesday boycotting academic activities to press home their five-point demand, including enhancement of an intern’s monthly allowance to Tk 20,000 from Tk 9,000...

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KSA-bound passengers stage demo over vaccine crisis

The Kingdom of Saudi Arabia-bound migrants and those intending to perform Umrah staged demonstration in Dhaka on Tuesday after failing to receive mandatory meningitis vaccination to travel the Middle East country...

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Abahani, Rahmatganj reach 2nd round

Abahani Limited and Rahmatganj Muslim Friends Society advanced to the second round of the Federation Cup from Group B following their identical 3-0 wins over Fakirerpool Young Men’s Club and Chittagong Abahani on Tuesday.

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ACC sues former AL MP Bahar, ex-Cumilla city mayor Tahseen

The Anti-Corruption Commission on Monday filed three cases against former Awami League lawmaker for Cumilla-6 constituency AKM Bahauddin Bahar, his wife Meherunessa, and their daughter and former Cumilla City Corporation mayor Tahseen Bahar Shuchona on charges of amassing illegal wealth...

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Trump sworn in for 2nd term

Donald Trump was sworn in for a historic second term as president on Monday, pledging a blitz of immediate orders on immigration and the US culture wars as he caps his extraordinary comeback...

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Bi-nationals should have no place in public, political administration

THIS is a welcome move that the Anti-Corruption Commission, which has found that some public servants have secretly obtained dual citizenship and used their foreign passports to conceal their illegal wealth and to syphon money abroad, has begun an inquiry to find out public servants having dual citizenship. The commission, as part of the inquiry, wrote...

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AB Bank unveils operation manual

AB Bank PLC unveiled the revised ‘Operations Manual’ at AB Bank’s head office in the capital Dhaka on January 19, according to a press release...

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Admin cadre’s supremacy manifests fascism: speakers

Speakers at a seminar held in Dhaka on Saturday condemned arbitrary suspension of officials from education, health, fisheries and livestock cadres, and the public administration reform commission’s negligence in listening to the voice of those protesting against inter-cadre discrimination...

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BFF extends contract with Cabrera, Butler

The Bangladesh Football Federation has finally extended the contracts of the national men’s team coach, Javier Cabrera, and the national women’s team coach, Peter James Butler, according to a federation press release on Thursday...

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Pubali Bank chair stresses following BB rules

Pubali Bank PLC chairman Monzurur Rahman on Thursday instructed the bank’s officials to conduct banking operations by following rules and regulations of the Bangladesh Bank and the regulatory body, said a press release...

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ATTACK ON NATIONAL MINORITY STUDENTS: Protests spreading

Amid the growing condemnation triggered by a recent attack on a national minority students’ demonstration, pressing for the re-inclusion of the word ‘Adivasi’ in the textbooks, at least seven individuals were injured again on Thursday when the police swooped on a protest rally tied to the issue in the capital...

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BSC to sell fire-damaged vessels

The Bangladesh Shipping Corporation has announced its decision to sell two vessels, MT Banglar Jyoti and MT Banglar Sourav, following fire incidents that rendered them unserviceable....

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Ex-Bodybuilding Federation GS Nazrul dies

Former Bangladesh Bodybuilding Federation general secretary Nazrul Islam passed away at a city hospital on Wednesday after suffering from stomach ulcer for the last two months...

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Majedur becomes CEO of BIAC

KAM Majedur Rahman on Wednesday joined Bangladesh International Arbitration Centre as its chief executive officer, according to a press release issued by the BIAC.

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Mozambique inaugurates new president

Mozambique’s new president Daniel Chapo took the oath of office on Wednesday in front of a heavily guarded audience of dignitaries in the capital Maputo following weeks of violent demonstrations over the fiercely disputed election results...

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Rabbi keeps Brothers in 2nd round hunt 

Fortis Football Club suffered their first defeat of the Federation Cup when they lost to Brothers Union 1-0 in their final Group A match at the Rafiq Uddin Bhuiyan Stadium in Mymensingh on Tuesday.