A S M Ahsan Habib | 2024-10-19 00:00:00
Embedded Finance is the seamless and complete integration of financial product or services (e.g. lending, insurance and payments) with nonfinancial services (e.g. logistics, procurement). Embedded finance incorporates various types of financial products such as loans, insurance, debit cards, savings and...
Ishrat Hossain | 2024-10-19 00:00:00
The Royal Swedish Academy of Sciences has awarded the 2024 Nobel Prize in Economic Sciences to Daron Acemoglu, Simon Johnson and James A. Robinson "for studies of how institutions are formed and affect prosperity." Jakob Svensson, Chair of the committee...
Rain/thunder showers accompanied by temporary gusty wind is likely to occur at one or two places over Rangpur, Mymensingh, Khulna, Barishal, Chattogram and Sylhet divisions. Weather may remain mainly dry with temporary partly cloudy sky elsewhere over the country until...
The Advisory Council has approved the proposed list of 26 of holidays for the 2025 calendar year, reports UNB.The approval came from a meeting of Advisory Council chaired by Chief Adviser Dr Muhammad Yunus at his office in the capital...
The month of September saw 493 road accidents in the country, leaving 498 people dead and 978 injured, according to a report by Jatri Kalyan Samity (JKS), reports UNB.JKS General Secretary Mozammel Haque Chowdhury shared the findings at a press...
FE REPORT | 2024-10-18 00:00:00
A Dhaka court on Thursday issued travel ban on nine persons, including former army chief General (retd) Aziz Ahmed and three former Awami League (AL) lawmakers, in connection with corruption charges against them. General Aziz's wife Dilshad Nahar Kakoli, former...
Bangladesh Army members stood beside the Buddhist community in Bandarban to ensure security during the Prabarana Purnima, one of their most important religious festivals, celebrated on Wednesday. — ISPR
FE REPORT | 2024-10-18 00:00:00
The government has reduced value-added tax (VAT) on import, processing and trading of soybean and palm oils - to lower their prices - following the demands of refiners and importers. The Ministry of Finance, through two separate notifications on Thursday,...
SHERPUR, Oct 17 (UNB): Matia Chowdhury, a senior member of the Awami League's (AL) Presidium and a veteran politician, was laid to eternal rest at Mirpur Intellectuals' Graveyard on Thursday.She was buried at the grave of her husband, renowned journalist...
A Dhaka court has showed former food minister Sadhan Chandra Majumder, former land minister Narayan Chandra Chanda and Diamond World Limited Managing Director Dilip Kumar Agarwala arrested in a case lodged over the murder of BNP activist Md Mokbul in...
The government has appointed 454 law officers in different courts in Chattogram and Sylhet, reports UNB.The Law, Justice and Parliamentary Affairs Ministry issued separate notifications in this regard on Thursday.Of the total prosecutors, 351 were appointed in Chattogram while the...
A Dhaka court has sent to jail former agriculture minister and Awami League (AL) presidium member Abdur Razzaque and former civil aviation and tourism minister Lt Colonel (Retd) Faruk Khan in two separate murder cases, report agencies.Dhaka Metropolitan Magistrate Md...
The Detective Branch of Dhaka Metropolitan Police (DB) has detained Shamsher Mobin Chowdhury, the chairman of the Trinamool BNP, in a raid at his home in the capital, report agencies.He was apprehended from his Banani DOHS residence on Thursday and...
FE REPORT | 2024-10-18 00:00:00
The Bangladesh Nationalist Party (BNP) has demanded cancellation of 43rd, 44th, 45th and 46th Bangladesh Civil Service (BCS) examinations.It also called for scrapping recommendations, made by the Bangladesh Public Service Commission (BPSC), for appointing a total of 2,064 candidates in...
PARIS, Oct 17 (AFP): Inaction on the water crisis could put more than half of the world's food production at risk by 2050, experts warned in a major report published Thursday."Nearly 3 billion people and more than half of the...
The United States (US) has said there is no excuse for violence and anyone responsible for violence should be held accountable in Bangladesh, reports UNB. "We have made clear that there's no excuse for violence, either conducted against those conducting...
The government has reduced the value-added tax (VAT) on imports of crude and refined soybean oil, palm oil, and other edible oils to 10 percent from the existing 15 per cent, according to a Statutory Regulatory Order (SRO) issued by...
Air and noise pollution has vitiated Dhaka's environment because of road-digging work in different parts of the capital for months. The snap shows vehicles as well as passers-by wending their way through a dusty road in Kamalapur area. — FE...
The Supreme Court in India has upheld the validity of a key citizenship rule recognising the Assam Accord, granting citizenship to Bangladeshi refugees who had arrived before 1971, NDTV reports.Section 6A of the Citizenship Act was introduced in 1985 to...
Eight more deaths were reported from dengue in 24 hours till Thursday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 234 this year, reports UNB.During the period, 1,100 more patients were hospitalised with viral fever,...
FE REPORT | 2024-10-18 00:00:00
The Embassy of Italy in Dhaka on Thursday announced the return of passports as it suspended issuing work permits to Bangladeshis and citizens of some other countries upon detecting a high number of false and counterfeit documents.Due to detection of...
Veteran journalist NM Harun passed away on Thursday at the age of 81. He is survived by his wife, one daughter, and a host of relatives. Harun served as the senior consultant editor of the Financial Express after working for...
FE REPORT | 2024-10-18 00:00:00
The government has been urged to invite bids under the 'reverse auction' method to attract foreign investors for setting up renewable power plants in the country.Speakers at a dialogue on Thursday put forward the recommendation mainly to bring back the...
To control inflation, the government should invest in better transportation networks to ensure timely delivery of food items, develop storage facilities to reduce food spoilage and wastage and streamlining supply-chain ecosystem, recommends a survey by the Dhaka Chamber of Commerce...
DMP traffic department hangs such a banner (circled) on main streets in the capital with an eye to keeping rickshaws off-limits to thoroughfares. The snap was shot in Shahbagh area on Thursday. — FE Photo by Shafiqul Alam
FE REPORT | 2024-10-18 00:00:00
The National Board of Revenue (NBR) has suspended three senior officials from the income tax department due to alleged procedural irregularities related to S. Alam's tax files.The officials are Additional Commissioner of Taxes Syful Alam, Joint Commissioner of Taxes AKM...
JUBAIR HASAN | 2024-10-18 00:00:00
A feel-good situation begins for liquidity-strapped banks as seven of the crisis-ridden commercial lenders so far secured guaranteed cash supports of over Tk 40 billion, sources said.In fact, the approved cash support under the Bangladesh Bank's liquidity-support guarantee programme is...
SIDDIQUE ISLAM | 2024-10-18 00:00:00
Banks now get a free hand to remit various payments abroad sans prior approval from the central bank as the banking regulator relaxes the foreign- exchange rules.The Bangladesh Bank issued Thursday three notifications to this effect on hopes for a...
FE REPORT | 2024-10-18 00:00:00
The government on Thursday formed new commissions on media, labour rights, health and women affairs.Senior journalist Kamal Ahmed will head the reform commission on media. Dr AK Azad will head the commission on health, Syed Sultan Uddin Ahmed will head...
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