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Flooding worsens in northern dists

Despite a decrease in rainfall, the Teesta River has been flowing above the danger mark due to upstream flooding. Vast areas of northern districts, including Lalmonirhat, Rangpur, Nilphamari, and Kurigram, have been submerged by floodwater, leaving around 50,000 people stranded. The contin...

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Tourism industry fails to explore potential

Country’s tourism industry remains underutilised, lagging behind among South Asian nations in attracting foreign tourists and revenue generation. People at home and abroad are showing little interest in visiting the tourist spots because of what they say ‘inadequate security measure...

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Billions spent on ICT projects, digital progress little

The Information and Communication Technology (ICT) Division spent billions of taka in the last 15 years during the Awami League government to build ‘Digital Bangladesh’, but the country still lags behind neighboring countries in critical technology and digital infrastructure indicators.&...

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Consumption of contaminated veg increases cancer risk

Two separate studies have found the alarming presence of pesticide residues in fruits and high levels of heavy metals in vegetables. The findings of the studies conducted by Bangladesh Food Safety Authority (BFSA) were revealed at a seminar held at the BFSA on Monday.Dr Mohammad Delowar Hossain...

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Unrest won’t affect RMG sector’s growth

Despite recent unrest in the garment sector, long-term prospects for its growth remain strong, according to industry insiders. Though some work orders have been shifted to other countries, they said, its impact is not significant.These work orders for garment products are expected to be restored soo...

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Around 300 fishermen still missing

Around 300 fishermen are still missing after many trawlers, which went fishing in the Bay of Bengal amid foul weather,  remain out contact till Saturday. The body of one more fisherman was recovered on Sunday, raising the death toll from trawler capsize to six. Efforts are on to rescue mis...

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Flooding worsens in Cox’s Bazar

*Three fishermen drown as six trawlers sink *Flashflood may hit more districts  The flood situation has deteriorated in Cox’s Bazar due to heavy rain, causing immense sufferings for local people and leaving a good number of tourists stranded. Incessant rain, triggered by low pre...

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Teletalk evades Tk 45cr in VAT

State-run mobile phone operator Teletalk has not deposited approximately Tk 45 crore in value added tax (VAT), collected from its customers, to the public exchequer, according to an audit report of the National Board of Revenue (NBR). The report said that from July 2018 to June 2023, Teletalk e...

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Sharp drop in bank transactions in July

Transactions through Automated Teller Machines (ATMs) and credit cards have dropped sharply in July as countrywide student protests caused serious disruption to transactions in the banking sector. Protests flared up since July 18 when the then Awami League government shut down internet, disrupt...

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NBR to set up committees to boost cross-border trade

The National Board of Revenue (NBR) has planned to form ‘border trade coordination committees’ aimed at increasing imports, exports and transit trade. At the same time, Bangladesh Bank has asked banks to keep a 100 percent cash margin for import of 14 luxury goods aiming to mitigate...

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Airfreight hike hits hard veg-fruit exporters

Within a span of just six months, the cost of exporting vegetables and fruits from the country has surged by two to three times despite no increase in fuel or operating costs during this period. As a result, Bangladesh is losing its competitive edge in the agricultural export market over compet...

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A landscape of devastation uncovered

The overall flood situation is improving in the country’s northeast and southeast regions as water recession continues in many rivers till Saturday. But, the deluge left a trail of devastation in the country’s northeast and southeast regions.The flood uncovered a landscape of widesp...

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Customs seizes luxury cars imported for ex-MPs

The Customs authorities have seized a total of 52 luxury cars that were imported for the members of the dissolved 12th parliament through duty-free facility, causing huge revenue losses to the national exchequer.    Each car has a market value of Tk 10 crore to Tk 12 crore with inclusion o...

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Floods wreak havoc on roads, highways

Recent flooding, triggered by heavy rain and upstream water, has caused extensive damage to roads and highways in Noakhali, Feni and Cumilla districts. According to Road and Highways Department (RHD), nearly 737.21 kilometres of roads and national and regional highways have got damaged by flood...

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Fisheries, poultry sectors suffer huge losses in flood-hit areas

The flood situation continues to worsen in Noakhali and Lakshmipur, wreaking havoc on the lives of residents and causing severe damage to the agriculture, fisheries, and poultry sectors in the region. Helal Uddin, a fish farmer from Nangalkot, has been cultivating fish in 12 ponds on ten acres ...

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Biman CFO found ‘involved’ in financial irregularities

Chief Financial Officer (CFO) of Biman Bangladesh Airlines Nowshad Hossain has been allegedly involved in financial irregularities and giving promotion to inefficient officials for his personal gain.  Sources said that Nowshad deposited a huge amount of money earned by Biman in several private ...

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Abu Hena makes crores of taka through graft

Abu Hena Morshed Zaman, former secretary of the Ministry of Posts and Telecommunications, made crores of taka allegedly by promoting inefficient officials in exchange for money and awarding contracts for project work to highest bidders. His (Abu Hena) unlimited control over the ministry left th...

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Container congestion takes toll on businesses

Container transportation to Inland Container Depot (ICD) at Kamalapur from the Chattogram Port has come to a standstill due to the suspension of freight services, leading to severe container congestion at ICD. As freight train operation resumed on Monday, the authorities concerned express the h...

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Most ATM booths remain shut in city

Most ATM booths of commercial banks in the capital have remained closed for a week due to cash shortage and security concern. Many banks have suspended their ATM services, citing issues such as network problem and insufficient cash supplies. Customers get frustrated when they visit different AT...

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Dollar crisis disrupts air cargo operations

Due to the ongoing dollar crisis in the country, many airlines fail to transfer funds to their parent companies. As a result, several airlines have significantly reduced their cargo flights from Hazrat Shahjalal International Airport (HSIA), which is taking toll on exporters.According to the Banglad...