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Swiatek, Paolini set up Paris final showdown

2024-06-08 00:00:00

Four-times Grand Slam champion Swiatek's 6-2, 6-4 semi-final win was her 11th victory in 12 meetings with Gauff Swiatek, Paolini set up Paris final showdown Iga Swiatek moved closer to a third successive French Open title by cruising past American...

Olympic torch lights up France ahead of Games

2024-06-08 00:00:00

PARIS, June 7 (AFP): If there was any doubt as to whether the French public would embrace the Olympics, the month of May gave a pretty clear indication, as over a million spectators turned out to watch the Olympic torch...

Nat’l Archery Championship inaugurated

2024-06-08 00:00:00

Teer 15th National Archery Championship began on Friday at Bangladesh Krira Shikkha Prothistan (BKSP) in Savar, reports BSS.A total of 126 archers (119 men) and 97 women) from 53 teams, including district sports associations, services associations, BKSP, and clubs are...

Ansar retain National Women's Handball title

2024-06-08 00:00:00

Bangladesh Ansar and VDP retained the title of EXIM Bank 35th National Women's Handball competition beating Bangladesh Police Handball Club by 33-24 goals in the final held at Shaheed Captain Mansur Ali National Handball Stadium on Friday, reports BSS.Alpona Akter...

Lanka complain to ICC over 'different treatment' at WC

2024-06-08 00:00:00

COLOMBO, June 07 (AFP): Sri Lanka said Friday they have complained to the International Cricket Council over their T20 World Cup team's treatment and conditions in co-host the United States.The sports minister Harin Fernando alleged other teams had it better...

Scotland beat Namibia by five wickets

2024-06-08 00:00:00

BRIDGETOWN, June 07 (AFP): Captain Richie Berrington hit an unbeaten 47 to guide Scotland to a five-wicket victory over Namibia in their T20 Cricket World Cup Group B game in Barbados on Thursday.Thwarted by the weather in their opening fixture...

ICC 'working hard' to fix New York T20 pitch

2024-06-08 00:00:00

NEW YORK, June 07 (AFP): Cricket's governing body, the International Cricket Council (ICC) say they are hoping for an improvement in the surfaces at the T20 World Cup venue in New York after widespread criticism of the pitch.The opening two...

United States beat Pakistan in Super Over thriller

2024-06-08 00:00:00

DALLAS, June 07 (AFP): The United States enjoyed arguably the greatest day in their cricket history as the non-Test nation beat Pakistan in a stunning Super Over upset at the T20 World Cup on Thursday.Both teams made 159 in their...

Tigers look for a fresh start in SL match today

2024-06-08 00:00:00

Bangladesh kick off their T20 World Cup journey with a match against familiar rivals Sri Lanka today (Saturday) morning. The team is looking to turn the page on recent struggles, with captain Najmul Hossain Shanto emphasising a focus on a...

Why does budget ignore public transport?

Tanim Asjad | 2024-06-08 00:00:00

Nobody expects the annual national budget to solve various socio-economic problems, as the budget is never a panacea. What is, however, rationally expected is that the finance minister's budget speech would recognise the key problems. Once the issues are recognised,...

Exploiting benefits of solar air conditioners

Syed Mansur Hashim | 2024-06-08 00:00:00

The market of hybrid solar air conditioner is growing globally. As the world turns hotter, the demand for air conditioners has also gone up in Bangladesh along with other tropical countries. With the constant revision of power prices (upward) in...

Fight against inflation: Treading a rugged terrain

2024-06-08 00:00:00

The national budget that Finance Minister Abul Hassan Mahmood Ali placed in the Jatiya Sangsad (Parliament) on Thursday for the financial year (FY) 2024-25 recognises that the prevailing economic situation is complex and demands belt-tightening. Except for a few aberrations,...

Current budget cut by Tk 473.67b amid financial crunch

FE REPORT | 2024-06-07 12:00:00

As fund shortage and slower development-works execution stood in the way, the government proposed to cut the national budget for the outgoing fiscal year by Tk 473.67 billion to Tk 7.14 trillion.The reduction would "ultimately give a breath of relief...

Steps taken to ensure compliance in 1550 RMG factories

2024-06-07 12:00:00

Finance Minister AH Mahmood Ali in his budget speech on Thursday said a target has been set to ensure compliance in 1550 factories in the ready-made garment sector during fiscal year 2024-25 (FY25) with a view to ensuring a decent...

Budget Trend Public Order

2024-06-07 00:00:00

Foreign investors thumb up corporate tax cuts

FE REPORT | 2024-06-07 00:00:00

The Foreign Investors' Chamber of Commerce and Industry (FICCI) praised the proposed FY 2024-25 budget as a comprehensive plan addressing economic challenges and fostering business growth.In budget reaction on Thursday, FICCI particularly commended the proposed reduction in corporate tax rates...

'Prospective tax' system on cards

FE REPORT | 2024-06-07 00:00:00

Bangladesh is going to frame 'prospective tax' annually to facilitate investors predict the rate for next year with an eye to making a proper business plan with its operation cost.In the Finance Bill-2024, finance minister Abul Hassan Mahmood Ali proposed...

Debt servicing to eat up 14.5pc of FY'25 budget

FE REPORT | 2024-06-07 00:00:00

The interest payment on the government's domestic and foreign borrowing is estimated to be 7.79 per cent higher in the next fiscal year (FY 2024-25) than the revised amount of the last FY.The government's expenditures on account of interest payments...

Capital gain tax will go up to 30pc

MOHAMMAD MUFAZZAL | 2024-06-07 00:00:00

Individual investors are going to be subject to scrutiny of their beneficiary owner's (BO) accounts by the revenue authority for the first time ever for capital gain tax for FY25. According to the proposed budget unveiled by the finance minister...

Corporate tax rates

2024-06-07 00:00:00

Taxes, investment of undisclosed money elicit mixed responses

FE REPORT | 2024-06-07 00:00:00

Market operators and experts have given mixed reactions to measures announced for the secondary market in the proposed budget for FY25.Finance Minister Abul Hassan Mahmood Ali finally went ahead with the capital gain tax, allowed undisclosed money into stocks, apartments,...

Tk 74b proposed for Liberation War Affairs Ministry

2024-06-07 00:00:00

The government has allocated Tk 74.74 billion for the Liberation War Affairs Ministry in the proposed budget for the fiscal year (FY) 2024-25, reports BSS.The allocation is Tk 2.46 billion higher than the revised budget of Tk 72.43 billion of...

Treatment in specialised hospitals to be costlier

FE REPORT | 2024-06-07 00:00:00

Treatment in the country, certainly in specialised hospitals, is expected to be costlier as a higher custom duty has been proposed on the import of medical equipment and supplies by referral hospitals.Finance Minister Abul Hassan Mahmood Ali said in his...

First-time Tk 2b for green energy, ocean exploration

FE REPORT | 2024-06-07 00:00:00

The government is set to allocate a total of Tk 2 billion for the development of renewable energy and to explore the potential of marine resources for the first time."Considering the importance of renewable energy in building a developed, prosperous,...

Djokovic says knee operation 'went well', no return date set

2024-06-07 00:00:00

PARIS, June 6 (AFP): Novak Djokovic confirmed on Thursday he had undergone an operation on his right knee that he injured at the French Open and that it "went well", but gave no timeframe for his return.The 24-time Grand Slam...

Hoover named new chief of 2028 Los Angeles Olympics

2024-06-07 00:00:00

LOS ANGELES, June 6 (AFP): Former US Army lieutenant general Reynold Hoover was named as the new chief executive of the Los Angeles 2028 Olympic Games organizing committee on Wednesday.The 63-year-old ex-soldier will assume day-to-day control of the organizing committee...

National B Chess Championship begins today

2024-06-07 00:00:00

The 48th National B Chess Championship begins today (Friday) at Bangladesh Chess Federation hall-room, reports BSS.A total of thirty six players including three International masters Mohammad Fahad Rahman, Md Minhaz Uddin and Abu Sufian Shakil, ten FIDE masters, one woman...

Argentina's Martinez ready 'to fight' Villa to play in Olympics

2024-06-07 00:00:00

BUENOS AIRES, June 6 (AFP): Argentina goalkeeper Emiliano Martinez says he is ready to "fight" with his club Aston Villa over being able to feature at this year's Olympic Games.Clubs are not obliged to release players for the Olympic football...

Indian football legend Chhetri set for int’l swan song

2024-06-07 00:00:00

KOLKATA, June 6 (AFP): Indian football legend Sunil Chhetri was set for his final international Thursday, ending a career for his country spanning two decades that put him among the world's all-time leading scorers.The 39-year-old forward said last month that...

Ireland want to fire against newcomers Canada today

2024-06-07 00:00:00

NEW YORK, June 06 (Agencies) Ireland will bank on their experienced batters Andy Balbirnie, Paul Stirling and Harry Tector to recover from the pummeling given by India and get their T20 World Cup campaign back on track when they face...