FE REPORT | 2024-06-10 00:00:00
The first trading session after the placing of the FY25 budget in parliament dragged the prime index to a fresh 39-month low of 5,171 points as pessimism heightened about the equity market. The budgetary measures, market operators say, failed to...
ROME, June 9 (AFP): Italy's Olympic champion Marcell Jacobs retained his European 100m crown in Rome on Saturday in the perfect tonic for the upcoming Paris Games.Jacobs timed a season's best of 10.02 seconds to claim gold. Italian teammate Chituru...
PARIS, June 09 (AFP): Poland's Iga Swiatek extended her French Open reign on Saturday as she thrashed Jasmine Paolini 6-2, 6-1 in the final to win a third successive Roland Garros title.World number one Swiatek dominated Italian 12th seed Paolini,...
Seoul to restart anti-Pyongyang broadcastsin retaliation to North's trash balloonsSEOUL, June 09: South Korea announced Sunday it would resume anti-North Korean propaganda loudspeaker broadcasts in border areas in retaliation to the North sending over 1000 balloons filled with trash and...
MEXICO CITY, June 09 (AP): Amid Mexico's heat wave and drought, suffering birds are getting air-conditioning and monkeys with heatstroke are being rescued by non-governmental groups.The government, meanwhile, has been more preoccupied with cooling down animals at state-run zoos, giving...
COPENHAGEN, June 09 (AFP): Danish authorities said Saturday that an attack on Prime Minister Mette Frederiksen, which she said left her "shaken" but "fine", was not thought to be politically motivated.A 39-year-old Polish man, apprehended after hitting the prime minister...
RIYADH, June 09 (AFP): Saudi Arabia said on Saturday that security forces had cleared hundreds of thousands of unregistered pilgrims from Makkah ahead of the hajj which begins next week.Crowd management is a major concern during the annual pilgrimage, one...
ROME, June 09 (Reuters): Voters in 21 EU countries including France and Germany will conclude a four-day election for the European Parliament on Sunday, which is expected to shift the assembly to the right and boost the numbers of eurosceptic...
HABIGANJ, June 09 (BSS): A man was killed by lightning strike at Baniachang upazila of the district here on Sunday noon.The deceased was identified as Liton Mia, 24, hailed from Eralia village in the upazila.
KHULNA, June 09 (UNB): Two people were killed and two others sustained injuries in a head-on collision between a passenger bus and a private car in Khulna on Sunday.The accident occurred around 2:30pm in Mecha-ghona area of Dumuria on the...
OUR CORRESPONDENT | 2024-06-10 00:00:00
SYLHET, June 09. Flooding has hit hard the road network in the district and adjoining areas, causing immense sufferings for general people.Although the floodwater has started to recede from most places of the upazilas in the district, the overall flood...
OUR CORRESPONDENT | 2024-06-10 00:00:00
RAJSHAHI, June 09: The Bangladesh Railway is set to launch a special mango train from Chapainawabganj to Dhaka for the fifth time today (Monday) in order to transport mangoes at a low cost. Despite incurring a loss of Tk20 million...
Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Towfiqul Islam Khan, Muntaseer Kamal and Syed Yusuf Saadat | 2024-06-10 00:00:00
In the national budget for the fiscal year 2024-25 (FY25), some changes proposed to provide relief to low & middle-income groups, and to impose higher rates of taxes to high income groups. Retrospective to prospective tax system introduced for proper...
Gaming and eSports is one of the highest-paying industries currently in entertainment. Once viewed as little more than a hobby or a way to pass time, gaming is rapidly transforming into a global economic powerhouse. Currently, a top-grossing entertainment industry...
During a recent visit to Rupnagar residential area of Dhaka, I was dismayed to observe a significant portion of the road under heaps of garbage. It appears that some individuals have transformed a portion of the road into a makeshift...
Syed Fattahul Alim | 2024-06-10 00:00:00
'Black money', according to Investopedia,'includes all funds earned through illegal activity and otherwise legal income that is not recorded for tax purposes'. The sources of black money, as defined, include tax evasion as well as corruption, money laundering and illicit...
Poverty, food insecurity, and malnourishment are persistent problems for millions of low and middle-income families in Bangladesh. In recent years, the situation has worsened further for people living below the poverty line due to the skyrocketing prices of food. The...
Muhammad Zamir | 2024-06-10 00:00:00
The opposition obituaries had been written. According to most polls, India's election was a foregone conclusion. Prime Minister Narendra Modi's right-wing, Hindu-nationalist alliance was expected to secure a super majority, and with it the power to enact radical change unopposed....
Atiqul Kabir Tuhin | 2024-06-09 12:00:00
It's been known for long that one of the major problems facing the country's private universities is the lack of permanent campuses. The University Grants Commission (UGC) - the government body responsible for regulating tertiary education - has long been...
The inclusion of young leg-spinner Rishad Hossain in the Bangladesh T20 World Cup squad wasn't surprising considering the way he performed for the national team during the last couple of bilateral series. However, there were concerns whether the leggie could...
NAZIMUDDIN SHYAMOL | 2024-06-09 00:00:00
CHATTOGRAM, June 08: A total of 135 ships have already berthed at the jetty of Matarbari deep-sea port channel at Maheshkhali in Cox's Bazar.Sources have said 175-metre and 10-metre draught ships are getting the berthing facilities at the port jetty.When...
Monira Munni | 2024-06-09 00:00:00
Bangladesh is lagging far behind others in seizing US garment work orders shifting from China, which industry insiders attributed to a number of factors like inefficiency, long lead time and energy crisis.Data available with the Office of Textiles and Apparel...
FE REPORT | 2024-06-09 00:00:00
The private sector has not received adequate attention in the proposed national budget for 2024-25 fiscal year, experts said at a roundtable on Saturday. They also highlighted the lack of initiatives aimed at expanding industrialisation, diversifying exports, and boosting private...
FE REPORT | 2024-06-09 00:00:00
Hailing the proposed national budget, the Institute of Chartered Accountants of Bangladesh (ICAB) has said financing a huge sum of money from internal sources through borrowing could raise inflation.About huge internal borrowings, ICAB president Forkan Uddin says from the macro-economic...
FE REPORT | 2024-06-09 00:00:00
Leaders of the country's textile and apparel sector on Saturday urged the government to reconsider a cut in source tax and continuation of cash incentive which, according to them, were not reflected in the proposed budget for FY 2024-25.They also...
FE REPORT | 2024-06-09 00:00:00
Although this year's budget promises to reduce inflation to 6.5 per cent, there is no clear direction to achieve this goal.Besides, in the absence of special initiatives for investment and job creation, it will be difficult to achieve economic stability.Dr...
FE Report | 2024-06-09 00:00:00
Noted economist Dr Binayak Sen on Saturday recommended bringing wealthy people, who earn 45 per cent of the urban income, under tax net to relieve the middle- and lower-income group from the tax burden."Bring them into direct income tax and...
FE REPORT | 2024-06-09 00:00:00
Bangladesh's dependence on fossil fuels hinders its ability to meet international commitments under the Paris Agreement and sustainable development goals (SDGs) related to climate change mitigation and clean energy transition.Speakers made the observations at a national policy dialogue hosted on...
FE Report | 2024-06-09 00:00:00
The country's economic crisis may become more severe after one year, according to South Asian Network on Economic Modelling (SANEM), as the local think-tank said the proposed budget does not offer an adequate recovery plan for the turbulent macro environment."The...
NEW DELHI (BSS): Prime Minister Sheikh Hasina reached New Delhi on Saturday to attend the swearing-in ceremony of Narendra Modi as the prime minister for a third consecutive term.She is visiting Indian capital to join the oath-taking ceremony at her...
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