City Dhaka Financial News
01.12 / 10:49
markets
Digital
Strategy
Death
Justice
Courts
Bangladesh HC acquits all accused, including ex-PM Khaleda Zia's son, in 2004 Hasina attack case
Rahman, 57, is the acting chairman of Bangladesh Nationalist Party (BNP). Two cases — one for murder and another under the Explosives Act — were filed after a grenade attack on an Awami League rally at Bangabandhu Avenue in Dhaka left 24 people dead and nearly 300 injured.
30.11 / 17:09
markets
Remark
Experts
social
travelers
Schools
Bus with 28 passengers from India and Bangladesh involved in minor accident in Brahmanbaria
There was no causality. Officials said that the Dhaka-bound bus owned by Shyamoli Paribahan of Bangladesh carrying 28 passengers — 17 Indian and 11 Bangladeshi nationals — left Agartala on Saturday morning. When the bus reached Ashuganj (in Brahmanbaria), 31 km from the Agartala-Akhaura Integrated Check Post, a goods-laden truck tried to overtake it and the bus collided with an auto-rickshaw, leading to a commotion among the local people, the official said.
29.11 / 17:15
markets
Provident
Extreme
security
country
International
Security agencies should focus on emerging security challenges along eastern border: Amit Shah
The focus should be on emerging security challenges along the eastern border, immigration and trends in urban policing, Shah was quoted as saying in an official release. The home minister's statement bears significance as India's eastern neighbour Bangladesh has seen unrest following the ouster of its then prime minister Sheikh Hasina and an interim administration taking charge in August.
26.11 / 01:37
markets
Digital
Strategy
Experts
reports
rights
Bangladesh ISKCON priest Chinmoy Krishna Das arrested amid protests against Hindu atrocities
Chinmoy Krishna Das Brahmachari, a spokesperson for the Bangladesh Sammilita Sanatani Jagran Jote and an Iskcon priest, on Monday. The arrest was confirmed by Dhaka Metropolitan Police’s Detective Branch spokesperson Talebur Rahman, though no details of the charges have been disclosed, as reported by TOI. “Police spokesperson Talebur Rahman confirmed the arrest but did not give details of the charges.” Chinmoy Krishna Das, a key figure advocating for Hindu rights, was apprehended at Dhaka airport before his scheduled flight to Chattogram. He was later taken to a local police station for questioning.
21.11 / 06:25
Citi
Waves
Art
country
2020
International
Profiles
Prabhavathi Meppayil: An artistic practice that defies genres
Subscribe to enjoy similar stories. Coinciding with the recently held Art Mumbai, Jhaveri Contemporary opened Prabhavathi Meppayil’s eponymous first solo exhibition in Mumbai after 17 years. While Bengaluru-based Meppayil has kept a relatively low profile in her own country, she has been making waves internationally over the years.
18.11 / 07:45
markets
security
Strategy
country
Updates
Investigations
International
Bangladesh tribunal tells investigators to finish probe against ousted premier Sheikh Hasina by next month
ousted former Prime Minister Sheikh Hasina and her close aides who face charges of crimes against humanity after hundreds of people were killed in a mass uprising this summer. Golam Mortuza Majumdar, the head judge of the three-member International Crimes Tribunal, set Dec 17 for investigators to finish their work, as the tribunal heard updates Monday from police about what the country's security agencies have done to arrest Hasina and her close aides. The decision came after prosecutors sought more time for the investigation. Hasina has been living in exile in India since Aug 5 when she fled the country amid the student-led protests. The Dhaka-based International Crimes Tribunal on Oct. 17 issued arrest warrants for Hasina and 45 others including former Cabinet ministers, advisors and military and civil officials. The country is now being run by an interim government headed by Nobel Peace laureate Muhammad Yunus.
11.11 / 05:27
markets
UPS
Digital
Death
country
Rivals of ousted Bangladesh leader Sheikh Hasina foil her party's attempt to hold a rally
Sheikh Hasina on Sunday thwarted a plan by her Awami League party to hold a rally in Bangladesh's capital, seen as a potential first effort to make a comeback on the streets since she fled the country in August amid a mass uprising. The rally in Dhaka by Hasina's party was to commemorate the death of a party activist on Nov. 10, 1987, which had sparked a mass protest against former military dictator H.M. Ershad. He was eventually ousted from office, ending his nine-year rule in 1990. The day is commemorated as «democracy day.» In 1991, Bangladesh switched to a parliamentary democracy from a presidential form of government, and since then Hasina and her rival, former Prime Minister Khaleda Zia from the Bangladesh Nationalist Party, became the most powerful political figures in the country.
10.11 / 08:19
markets
Digital
Election
Experts
PAM
Schools
Bangladeshi ousted-party protesters arrested with Trump signs
Donald Trump, police said Sunday, accusing them of trying to undermine relations with Washington. Former prime minister Sheikh Hasina, 77, fled by helicopter to India on August 5, following weeks of deadly student-led protests. Since then a caretaker government, led by Nobel Peace Prize winner Muhammad Yunus, has taken charge. It has been tasked with implementing democratic reforms and holding elections.
09.11 / 06:23
markets
Digital
Election
country
reports
donates
'Heard he donated to see me lose': When Trump made his displeasure with Muhammad Yunus
he may face hurdles dealing with the new Trump administration. Reason- His past statements on Donald Trump and President-elect's perceived limited interest in the South Asian country.
08.11 / 10:07
markets
Reuters
Digital
Election
awards
Experts
Adani Power cuts Bangladesh supply by over 60% on payment dispute
Adani Power has further reduced electricity supply to neighbouring Bangladesh as it seeks to recover more than $800 million in dues, according to data from Bangladesh's grid operator and two sources familiar with the move.
25.10 / 09:07
markets
security
Strategy
country
information
Schools
India-Bangladesh border talks postponed
Border Security Force (BSF) and its Bangladeshi counterpart the Border Guard Bangladesh (BGB) were to be tentatively held between November 18 and 22 in the national capital, the first such meeting after the collapse of the Sheikh Hasina government on August 5. Sources told PTI that the Bangladeshi side informed about the postponement and indicated that they were working on «an early date» for the meeting to be held. Overall, it will be the 55th edition of the Director General (DG)-level talks between the two forces that also includes officials from the home and external affairs ministries, and anti-narcotics, Customs and some other federal agencies from both the countries that have a stake in border management.
18.10 / 16:55
markets
Action
community
Celebrity
reports
Schools
Durga Puja festival marred by desecration and damage in Bangladesh
There has been a concerning rise in Islamist extremism in Bangladesh, which has led to increased violence against minorities, particularly the Hindus. The political vacuum following the resignation of Prime Minister Sheikh Hasina has allowed Islamist parties to gain ground. The situation in Bangladesh has been dire for the Hindu community. There have been numerous reports of violence and killings by radical mobs. For instance, during the recent Durga Puja celebrations, there were back-to-back attacks on Hindu communities, including attacks on puja mandaps. Miscreants attacked an idol immersion procession in Old Dhaka, injuring three people. Additionally, there have been reports of bomb attacks on puja mandaps and other violent acts targeting the Hindu community.
25.09 / 10:57
markets
Waters
Opinion
country
reports
International
Bangladesh to soon hold negotiations with India over sharing of water of transboundary rivers: Interim government adviser
Bangladesh will soon take steps to hold negotiations with India over the sharing of water of transboundary rivers, an adviser of the interim government said on Wednesday. India and Bangladesh were set to sign a deal on Teesta water sharing during then-Prime Minister Manmohan Singh's visit to Dhaka in 2011, but West Bengal Chief Minister Mamata Banerjee declined to endorse it, citing a scarcity of water in her state. Speaking at a seminar titled 'Bangladesh's Fair Share of Water in Shared Rivers' here, Water Resources Adviser Syeda Rizwana Hasan said Bangladesh would soon take steps to hold negotiations with India over the sharing of water from transboundary rivers, state-run BSS news agency reported.
24.09 / 06:43
markets
Digital
RAI
Fishing
reports
Bangladesh clarifies hilsa export to India as economic move, not a gift
hilsa fish being sent to India is not a gift but an export aimed at generating foreign currency for Dhaka, reported TOI. Syeda Rizwana Hasan, adviser to the Ministry of Environment, Forests, and Climate Change, stated that they did not want to close the door on discussions with India over minor issues. «The decision came from the top level,» she said, emphasising that the export value of hilsa was significant and should not be underestimated. «The price has already increased so it's not accurate to say prices will rise further due to export. This matter is under govt's consideration,» noted the TOI report.
24.09 / 03:27
markets
Election
country
reports
Bangladesh army chief pledges support for Yunus' interim government 'come what may'
General Waker-uz-Zaman and his troops stood aside in early August amid raging student-led protests against Hasina, sealing the fate of the veteran politician who resigned after 15 years in power and fled to neighbouring India. In a rare media interview, Zaman told Reuters at his office in the capital Dhaka on Monday that the interim administration led by Nobel laureate Muhammad Yunus had his full support and outlined a pathway to rid the military of political influence.
21.09 / 13:59
markets
RAI
stars
reports
Department
Relationships
No meeting between Modi, Yunus at UNGA; Bangladesh foreign adviser will meet Jaishankar
Bangladesh's Foreign Adviser Touhid Hossain on Saturday said that Chief Adviser Muhammad Yunus will not be meeting with Indian Prime Minister Narendra Modi on the sidelines of the UN General Assembly in New York, according to media reports. Hossain, former foreign secretary of Bangladesh, said he would hold a bilateral meeting with India's External Affairs Minister S Jaishankar to advance the relationship between the two neighbours, The Daily Star newspaper reported. At a press briefing at the foreign ministry in the afternoon, Hossain said, «Sorting out all issues, we want to further advance our relationship based on mutual respect and fairness.»
17.09 / 16:31
markets
community
reports
Investigations
Indian origin Canadian MP raises issue of violence against Bangladeshi minorities
Chandra Arya on Tuesday raised the issue of violence against minorities in Bangladesh in Canadian Parliament in what was the first such statement in a Parliament in the West since the fall of the Sheikh Hasina government in early August. “I am deeply concerned by violence targeting religious minorities, including Hindus, Buddhists and Christians in Bangladesh. Every time there is instability in Bangladesh, religious minorities, particularly Hindus, face the brunt. The share of religious minorities in the population of Bangladesh has significantly decreased since it achieved its independence in 1971,” Arya pointed out in his statement. “From 23.1%, including about 20% Hindus, it has now come down to just about 9.6%, including about 8.5% Hindus. Canadian Hindus who have families in Bangladesh are concerned about the security and safety of their families, their temples and properties,” Arya claimed, adding, “They will be holding a rally on Parliament Hill next Monday, September 23, to highlight the current situation there. They will be joined by Canadian Buddhists and Christians who have families in Bangladesh.”
15.09 / 16:59
markets
FIVE
security
country
testing
Bangladesh arrive in Chennai, skipper Shanto confident of good show after Pakistan series win
Bangladesh team arrived in India on Sunday for two Test matches and three T20Is with visiting skipper Najmul Hossain Shanto hoping that their historic 2-0 series win in Pakistan recently would hold them in good stead against the formidable hosts in the coming weeks. The Bangladesh squad landed in Chennai, the venue for the opening Test beginning on September 19, on Sunday afternoon. «It's definitely going to be a very challenging series for us,» Shanto was quoted as saying at the pre-departure press briefing at the Dhaka airport. «After a good series (vs Pakistan) there is definitely an extra confidence in the team, in the people of the country. Every series is an opportunity.
15.09 / 07:47
markets
MET
Department
rights
International
US says committed to helping Bangladesh expand economic opportunities
Bangladesh's interim government of its commitment to helping the country expand economic opportunities, build institutional capacity, and uphold human rights. The US commitment came as a high-level US delegation met Foreign Adviser Md Touhid Hossain. «We are committed to helping expand economic opportunities, build institutional capacity, uphold human rights, and mitigate climate risks with our partner, Bangladesh,» the US Embassy in Dhaka posted on X after the meeting. The US delegation at the meeting was headed by Assistant Secretary for International Finance of the US Department of Treasury Brent Neiman. The delegation also included US State Department Assistant Secretary for South and Central Asia Donald Lu, The Daily Star newspaper said.
13.09 / 08:40
markets
UPS
Trade
Fishing
reports
No Padmar Ilish during Durga Puja! Bengalis face hilsa drought as Bangladesh ousts Hasina policy
Padmar ilish’ (hilsa from the Padma River) during Durga Puja this year. The interim government in Bangladesh has decided not to continue its hilsa export to India, prioritising domestic demand. The Fish Importers’ Association in Kolkata had requested the Bangladesh government to allow the continuation of hilsa exports as per the usual practice. Since 2019, under the leadership of the now-deposed Prime Minister Sheikh Hasina, Bangladesh had been exporting over 1,000 tonnes of hilsa to India in the month leading up to Durga Puja. On August 9, the association wrote to Bangladesh government adviser Touhid Hossain, asking to permit limited hilsa trade. However, Farida Akhtar, an adviser to Bangladesh's fish and animal resource ministry, has refused the request, citing rising domestic demand. Reports from Dhaka indicate that Akhtar has instructed the commerce ministry to ensure no hilsa exports this year.
11.09 / 11:28
markets
COST
economy
Trade
International
Are textile stocks hanging by the thread of optimism?
could benefit Indian RMG exporters like Gokaldas Exports Ltd, K.P.R Mill Ltd, and Arvind Ltd. Unsurprisingly, shares of these stocks touched new highs, reflecting the Street’s optimism. Sentiment boosts aside, grabbing a meaningful chunk from Bangladesh’s textile export pie may not be easy.
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