FE REPORT | 2024-07-13 00:00:00
The country's importers opened letters of credit (LCs) worth $68.19 billion in the fiscal year 2023-24, up by 1.85 per cent from that in the previous year, according to Bangladesh Bank (BB) data.During the fiscal year 2022-23, the amount of...
M AZIZUR RAHMAN | 2024-07-13 00:00:00
The authorities repaired a damaged gas- transmission pipeline 62 hours after an accident and resumed the flow of re-gasified liquefied natural gas (LNG) through it on Friday morning.Md Rafiqul Islam, managing director of state-owned Rupantarita Prakritik Gas Company Limited (RPGCL),...
SYFUL ISLAM | 2024-07-13 00:00:00
Fast-rising state guarantees against both foreign and local loans warrant government alert for ministries and the central bank to timely repay the debts to avert the risk of falling defaulter, officials said.The Ministry of Finance has made the reminder decision...
FE REPORT | 2024-07-13 00:00:00
Season's heaviest monsoon rain deluged Dhaka as the heavens opened over the capital on Friday morning, with streets getting waterlogged and weekend commuters facing immense difficulties.It began to rain early in the morning and continued unabated until around 1:30 pm,...
JUBAIR HASAN | 2024-07-13 00:00:00
Commercial banks' holdings in government securities (G-sec) continue ballooning for plum bets put on treasuries to meet budget shortfalls after a freeze on printing money as an inflation-control measure. Such diversion of funds into G-sec is creating a crowding-out effect...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Mymensingh, Chattogram and Sylhet divisions and at many places over Dhaka, Rajshahi, Khulna and Barishal divisions with moderately heavy to very...
Mother dies falling from son's bikeA woman has died after falling off the back of her son's motorcycle in Chapainawabganj's Sadar upazila, reports bdnews24.com. The accident occurred in the Narendrapur area of the Sadar upazila around 10:00 am on Friday,...
FE REPORT | 2024-07-13 00:00:00
An employee of a beverage company was stabbed to death by unidentified miscreants in Kadamtali area of the capital on Thursday night.The deceased was identified as Mahbub Alam, 52, who was engaged in supplying water and soft drink bottles to...
Agitating students of Jahangirnagar University brought out a torch procession on the campus on Friday, protesting attacks on the anti-quota movement participants in various parts of the country. — FE Photo
At least six people were killed in separate road accidents in Chattogram and Jashore districts on Friday, report agencies. In Chattogram, three people, including a child, were killed after a CNG-run autorickshaw collided head-on with a salt-laden truck in Chattogram's...
FE REPORT | 2024-07-13 00:00:00
Teesta and supply of essential commodity issues, among others, were discussed during the bilateral meeting between foreign minister Dr Hasan Mahmud and his Indian counterpart Dr S Jaishankar.They sat in talks on the sidelines of the Second BIMSTEC Foreign Ministers'...
CHATTOGRAM, July 12 (UNB): Chattogram Metropolitan Police (CMP) has written to the police headquarters in Dhaka recommending suspension of Additional Deputy Commissioner (ADC-Crime) Mohammad Kamrul Hasan after an internal police probe confirmed his involvement in graft.The recommendation of the suspension...
Chattogram, July 12, (UNB): State Minister for Finance Waseqa Ayesha Khan said that over the past 16 years, approximately Tk 9.0 trillion (9 lakh crore) has been allocated to the social security sector, a rare feat in the South Asian...
Foreign ministers from the BIMSTEC Member States jointly met Indian Prime Minister Narendra Modi in New Delhi on Friday, reports UNB.He had 'fruitful discussions' with the group of Ministers on further strengthening the regional cooperation in diverse areas including connectivity,...
LALMONIRHAT, July 12 (BSS): A monthly meeting of Lalmonirhat District unit of Awami League was held at AL office on Thana road in district town on Friday.Lalmonirhat District AL President Motahar Hossain, MP, presided over the meeting and its General...
CHATTOGRAM, July 12 (UNB): A BNP leader from Mirsharai upazila of Chattogram was killed in a road accident on the Dhaka-Chattogram highway on Friday morning.The dead, Kamrul Alam (38), was the convener of the Maghadia union BNP unit, said Kumira...
BRAHMANBARIA, July 12 (UNB): Law Minister Advocate Anisul Huq said on Friday ghosts of anti-independence elements are conspiring in the name of quota reform movement.He said the protesting students should leave the streets and return to classes following the decision...
Myanmar Foreign Minister Than Swe has responded positively to the start of repatriation of the Rohingyas to their homeland, Myanmar, reports UNB.Myanmar's foreign minister expressed this positive approach during a bilateral meeting with Foreign Minister Hasan Mahmud on the sidelines...
KATHMANDU, July 12 (AFP): Nepali Prime Minister and former Maoist guerrilla commander Pushpa Kamal Dahal lost a parliamentary vote of confidence on Friday barely 18 months after taking office, throwing open the Himalayan republic's revolving door leadership.Better known by his...
FE REPORT | 2024-07-13 00:00:00
Bangladesh Nationalist Party (BNP) has called upon the students to engage themselves in the movement for restoring democracy and getting back voting rights of people - apart from their ongoing agitation for quota reforms in the government services.BNP Standing Committee...
Urging the quota protesters not to be abused as political tools of anyone, Awami League (AL) General Secretary Obaidul Quader has said his party is always sincere about the logical demand of the country's people, reports BSS."No logical demand was...
Unilever plans to cut a third of all office roles in Europe by the end of 2025 as a part of a push by the CEO to revive growth at the consumer goods giant, reports Reuters.The company, whose shareholders include...
Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing inflation levels, reports Reuters.According to LSEG data, global...
BRAC Bank Distribution Network has achieved a net deposit growth of Tk 55 billion in the first half of 2024, breaking all-time industry records in the past. Meheriar M Hasan, Chairperson, Selim R F Hussain, Managing Director & CEO, and...
FE REPORT | 2024-07-13 00:00:00
The stock market managed to stay positive this week, extending the gaining streak for the fourth straight week even as cautious investors opted to book profit on quick-gaining stocks.As many stocks saw price appreciation by 10 to 15 per cent...
TOKYO, July 12 (AFP): A surge in the yen triggered speculation among analysts on Friday that Japanese authorities may have again intervened in forex markets to prop up the ailing currency.In New York, the dollar shed more than two percent...
WASHINGTON, July 12 (AFP) : US President Joe Biden's administration said Thursday it is issuing $1.7 billion in grants to help expand or revive auto facilities for making electric vehicles and parts -- including in election battlegrounds Michigan and Georgia.The...
NEW DELHI (Reuters): India's main opposition Congress party asked Prime Minister Narendra Modi on Friday to impose an additional tax on the country's billionaires to generate funds for stretched public services like education and health.The annual budget will be presented...
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