National News

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Govt to purchase refined fuel oil, 1 cargo LNG

The government on Thursday approved a proposal for procuring refined fuel oil from state-owned enterprises of various countries under G to G basis for the second half (July-December) period of 2024 with around Taka 16,484.45 crore as per the premium and reference price.
Besides, the government also approved separate proposals for procuring 30,000 metric tons of diesel and 80,000 metric tons of fertilizer.
The approvals came from the 18th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held on Thursday at the Cabinet Division conference room with Finance Minister Abul Hassan Mahmood Ali in the chair.
Briefing reporters after the meeting, Cabinet Division Secretary (coordination and reforms) Md Mahmudul Hossain Khan said a total of five proposals were approved on Thursday.

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ACC approves chargesheet against Bengal Group chairman

The Anti-Corruption Commission on Thursday approved a charge sheet against Bengal Group Chairman Abul Khair Litu in a case filed on charges of amassing wealth worth Tk90 crore beyond known sources of income.
ACC Deputy Director Aktarul Islam confirmed the matter to The Shuttle Times.
He said the commission approved a charge sheet against Abul Khair Litu for his illegal wealth and concealing information about it.
ACC Deputy Director, Kamruzzaman, and the investigation officer of the case submitted the charge sheet to the commission regular meeting for approval last week.

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BB to publish monetary policy statement online

In a shift from tradition, Bangladesh Bank has decided to publish its monetary policy statement (MPS) online to avoid potential boycotts by economic reporters.
Traditionally, the central bank has held press conferences where mainstream media reporters and senior journalists gather to discuss the MPS. During these events, the Bangladesh Bank governor and the chief economist explain various policy issues and respond to challenging questions about monetary policy and the banking sector performance.
However, breaking with this tradition, Bangladesh Bank has now decided to release the MPS for the July-December period of FY 2024-25 through an online update.

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Dhaka, Beijing sign 21 instruments, announce 7 projects

Bangladesh and China today signed 21 instruments including two renewed Memorandums of Understanding (MoUs) and made announcement of 7 more projects to elevate "comprehensive strategic cooperative partnership" from "strategic partnership" between the two countries.
The instruments were inked in the presence of Bangladesh Prime Minister Sheikh Hasina and her Chinese counterpart Li Qiang after the delegation-level talks between the two countries at the Great Hall of the People, Beijing.
Earlier, the Bangladesh prime minister was accorded a red carpet reception as she reached the Great Hall of the People to have a bilateral meeting with her Chinese counterpart Li Qiang.