1 Commerce Minister Khandker Abdus Muktadir has stated that there is no scope to increase the prices of daily essential commodities using the increase in fuel oil prices as an excuse. He said the government would keep a strict watch on market conditions, and action would be taken against anyone attempting to destabilize the market. He made these remarks while speaking to journalists after inspecting the Sylhet District Council Natural Park on Friday. The Commerce Minister said, “Increasing the prices of daily essential goods due to fuel price hikes is unacceptable. The government has the opportunity to supervise this matter,…
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1 Gold prices have further increased in the international market. A week-long upward trend in the price of this precious metal is being observed, driven by diminishing concerns over inflation and high interest rates, coupled with optimism surrounding a potential US-Iran peace deal. On Friday (May 8), at 10:07 AM Bangladesh time, the spot market price of gold rose by 0.7 percent, reaching $4,715.49 per ounce. Meanwhile, US gold futures for June delivery saw a 0.3 percent increase, trading at $4,725. This news comes from Reuters. Kyle Rodda, a senior financial market analyst at Capital.com, told the British news agency…
1 A defamation lawsuit seeking BDT 100 crore in compensation has been filed against Matiur Rahman, editor of the daily Prothom Alo, and two other journalists in Habiganj. Syed Humayun Kabir, Executive Director of the local NGO People’s Assistant for Social Advancement (PASA), filed the case on Wednesday (May 6) at the Senior Judicial Magistrate Court. Court Judge Mosha. Tanjina Tanin accepted the case and instructed the DB unit of Habiganj District Police to investigate. The other two defendants in the case are Prothom Alo’s Senior Reporter Riyadhul Karim and Habiganj Correspondent Hafizur Rahman Niyon. According to the lawsuit, leading…
3 Renewed tensions between the United States and Iran in the Strait of Hormuz have once again pushed up global fuel oil prices. Significant increases were observed in the prices of both international benchmarks, Brent Crude and US WTI crude, immediately after the start of trading in Asian markets on Friday. Market Situation According to British media outlet BBC, Brent crude oil prices in the international market rose by approximately 1.5 percent to $101.60 per barrel at the start of trading on Friday. Although the increase surpassed 2 percent earlier in the day, it later stabilized slightly. Meanwhile, the price…
0 Despite the exchange of attacks, Donald Trump claimed that the ceasefire with Iran is still effective. In his words, he described the US attacks on Iranian facilities as a “gentle touch of love”. He stated that US forces were able to easily destroy Iranian missiles and drones. At the same time, he called Iran’s leadership “insane” and warned that if a deal is not reached quickly, even tougher attacks would be launched. Trump made these remarks in a phone interview with ABC News journalist Rachel Scott. He claimed that despite the ongoing attacks, the ceasefire remains effective and the…
1 Iran’s Islamic Revolutionary Guard Corps (IRGC) naval unit has claimed that during a large-scale joint military operation, they inflicted significant damage on critical US Navy military equipment. They asserted that three US destroyers were forced to flee the Strait of Hormuz in the face of their relentless attacks. In a statement regarding the operation conducted on Thursday (May 7) evening, the IRGC’s naval commander announced that the operation was carried out in response to two “provocative actions” by the United States military. According to his statement, an Iranian oil tanker near Jask port was first attacked, violating a ceasefire.…
3 In the first six days of the current May, the country received USD 752 million in remittances. This accounts for an average daily remittance inflow of USD 125.3 million. Arif Hossain Khan, spokesperson for Bangladesh Bank, provided this information on Thursday (May 7). He stated that in the first six days of current May, the country received USD 752 million in remittances, compared to USD 625 million during the same period last year. This indicates an increase in remittance flow year-on-year. From July of the current fiscal year to May 6, the country has received USD 30.085 billion in…
0 The Cabinet has approved a continuous 7-day holiday for government officials and employees in observance of the upcoming holy Eid-ul-Adha. However, offices will remain open for two days prior to Eid, namely May 23 and 24. This holiday was approved during a Cabinet meeting held at the Secretariat on Thursday (May 7). The information was confirmed in a press release sent by the Cabinet Division late at night. The press release stated that the government holiday for holy Eid-ul-Adha has been declared from May 25 to May 31. Prior to this, offices will remain open as usual on May…
1 A report published by the news outlet Manabzamin reveals that Tarique Rahman, Chairman of the Bangladesh Nationalist Party (BNP) and the current Prime Minister, was subjected to inhumane torture during the 1/11 period. The report was published on Thursday (May 7). The report states: Tarique Rahman, Chairman of the BNP. Currently in state power, having won an unforgettable election in Bangladesh’s history. There has been endless curiosity about his 17 years in Britain: how he was, how he lived, and why he had to go there. For a long time, it remained unknown when, how, and by whom he…
0 Home Minister Salahuddin Ahmed announced that a decision is being made to progressively withdraw members of the armed forces currently deployed in the field for maintaining law and order. He made this statement during a briefing with journalists at the Secretariat on Thursday (May 7), following a meeting in Sylhet regarding stone extraction. The Home Minister stated that with an elected political government currently in power and the police force’s operations becoming significantly more dynamic, the government believes there is no longer a need for army, navy, and air force personnel to remain deployed in the field for an…