The government has unveiled a comprehensive telecommunications scheme, targeting 90 percent 5G coverage and broadband speeds of 100 Mbps to accelerate job creation, expand freelancing and outsourcing opportunities and raise the Information and Communication Technology (ICT) sector’s contribution to the economy. “To this end, a target has been set to ensure the rollout of 5G coverage to 90 percent of the population and to guarantee broadband speeds of 100 Mbps, involving all stakeholders including mobile operators and fixed broadband service providers,” said Finance Minister Amir Khosru Mahmud Chowdhury while announcing the initiatives in his speech of national budget for Fiscal…
Author: diplomaticjourna_diplomaticjourna
US President Donald Trump said that a deal with Iran to end the war in the Middle East could be signed Sunday, and that the strategic Strait of Hormuz would be “open to all” immediately after. Iran had offered a different timeline earlier in the day, but nonetheless signalled an agreement was in the offing, as both the warring parties and their mediators expressed increasing optimism that weeks of halting negotiations were drawing to a close. The leader of key mediator Pakistan said a deal was closer “than ever before”. The “finalisation” of this agreement is expected “within the next…
Attorney General (AG) Barrister Md Ruhul Quddus Kazal today sought priority hearing in the High Court (HC) in the death reference and appeal of the rape and murder cases of Magura’s eight-year-old Achia and Ramisa of Pallabi. The Attorney General made the submission before a special HC bench comprising Justice Bhishmadev Chakraborty and Justice KM Rasheduzzaman Raja. At the time, he told the court that the state party would not seek any adjournment in the hearing of any death reference and appeal related to women and child abuse pending before this bench. Meanwhile, another HC bench accepted the jail appeal,…
The government has decided to establish Export Processing Zones (EPZs) in Barishal and Lalmonirhat to attract foreign investment, increase exports, and create employment opportunities. The Cabinet Division has already sent letters to the Secretary of the Prime Minister’s Office and other relevant authorities to begin implementing the EPZ projects. During the DC Conference held in May, several DCs highlighted the need for new EPZs and economic zones. The concerned DCs have been instructed to submit progress reports on the implementation of these plans to the Cabinet Division. These directives were outlined in a letter sent by the Cabinet Division to…
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today described the proposed national budget for FY27 as big but achievable, saying its successful implementation would require foresight, efficiency, transparency and accountability. In its formal reaction on the proposed budget unveiled by Finance Minister Amir Khosru Mahmud Chowdhury in the Jatiya Sangsad on Thursday, the country’s apex trade body welcomed the government’s emphasis on economic stability, investment, production, employment generation and social justice. The FBCCI congratulated the finance minister for presenting the budget and thanked Prime Minister Tarique Rahman for placing what it termed the first budget of the…
By BSS The United States could scarcely have scripted a better start to their World Cup as a Folarin Balogun brace and Gio Reyna curler fired the co-hosts to a 4-1 drubbing of Paraguay in front of Hollywood royalty in Los Angeles on Friday. The hosts took the lead in the tournament’s first game on US soil within seven minutes thanks to an own goal, and by the end of an utterly dominant half the home fans were in dreamland, their side up by three. Tom Cruise, Leonardo DiCaprio and Paris Hilton were among a sold-out 70,492 crowd as the…
Prime Minister Tarique Rahman today inaugurated the re-excavation work of the historic ‘Patli Khal’ (canal) in the district, which is closely linked to the memory of his father Shaheed President Ziaur Rahman. After arriving here from Dhaka by air this morning, the Prime Minister launched the re-excavation work of the canal at Pmkhali Union in Sadar Upazila around 10:53 am. Despite heavy rain, Tarique Rahman proceeded from the airport to Pmkhali by road and formally launched the programme by cutting soil with a spade. He later planted a date palm sapling on the bank of the canal. Braving the incessant…
By BSS Bangladesh Bank (BB) Governor Md. Mostaqur Rahman today assured the depositors of the Islami Bank and other troubled banks that there would be no difficulty for them as the central bank has adequate tools and liquidity support mechanisms to maintain stability in the banking sector. “Our first priority has been to stabilise the banking sector and then recapitalise it,” he said, adding that restoring confidence in the financial system remains the central bank’s foremost objective. Replying to a question at a post-budget press conference at the Osmani Memorial Auditorium in the capital, the governor said the interim government…
By Asma Parvin : Prime Minister Tarique Rahman today inaugurated the re-excavation work of the historic ‘Patli Khal’ (canal) in the district, which is closely linked to the memory of his father Shaheed President Ziaur Rahman. After arriving here from Dhaka by air this morning, the Prime Minister launched the re-excavation work of the canal at Pmkhali Union in Sadar Upazila around 10:53 am. Despite heavy rain, Tarique Rahman proceeded from the airport to Pmkhali by road and formally launched the programme by cutting soil with a spade. He later planted a date palm sapling on the bank of the…
Bangladesh Bank (BB) Governor Md. Mostaqur Rahman today assured the depositors of the Islami Bank and other troubled banks that there would be no difficulty for them as the central bank has adequate tools and liquidity support mechanisms to maintain stability in the banking sector. “Our first priority has been to stabilise the banking sector and then recapitalise it,” he said, adding that restoring confidence in the financial system remains the central bank’s foremost objective. Replying to a question at a post-budget press conference at the Osmani Memorial Auditorium in the capital, the governor said the interim government inherited a…
