SM NAJMUS SAKIB | 2024-06-04 00:00:00
Battery-run auto-rickshaws and e-bikes have transformed the traffic landscape from faraway rural districts to the capital city, Dhaka, over the past decade -- earning the nickname "Bangla Teslas". Despite their numbers surging every day, the authorities are slow to regulate...
FE REPORT | 2024-06-04 00:00:00
A string of proposals to reform the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) will be placed in the upcoming Bangkok summit later this year.Secretary general Indra Mani Pandey of the economic bloc on Monday while...
SYFUL ISLAM | 2024-06-04 00:00:00
Government spending to cover net losses of state-owned enterprises (SoEs) is likely to double in the next fiscal year compared to the current budget, according to sources.The government forecasts that 49 SoEs may incur a total loss of Tk 280.47...
With one liquefied natural gas (LNG) floating storage and regasification unit in the Bay of Bengal offline due to Cyclone Remal disruption and subsequent gas-supply fall by around 500 mmcfd, CNG refuelling stations face low pressure of gas and see...
FE REPORT | 2024-06-04 00:00:00
The Bangladesh Energy Regulatory Commission (BERC) on Monday slashed further the liquefied petroleum gas (LPG) price by 2.15 per cent for a 12-kg cylinder for June, selling off the cooking fuel to clients of private operators.The country's private operators will...
JASIM UDDIN HAROON | 2024-06-04 00:00:00
Liquidity challenges are still affecting Islamic banks in Bangladesh, which are more vulnerable than conventional ones, according to the latest report of an American credit-rating agency.Fitch Ratings on Monday said the Islamic banking market share was sizeable but had been...
FE REPORT | 2024-06-04 00:00:00
The price of rawhide from cows has been fixed at Tk 1200 per piece in Dhaka and Tk 1000 per piece outside Dhaka for the first time in the country.Alternatively, the prices of salt-applied rawhide from sacrificial cows have been...
FHM HUMAYAN KABIR | 2024-06-04 00:00:00
Villagers get worst hit of price shocks as the overall high inflation in Bangladesh climbed higher and the rural rate hit a double-digit high in May, official data showed.The inflation rate soared to 10 per cent in the rural Bangladesh...
DOULOT AKTER MALA | 2024-06-04 00:00:00
Import taxes on nearly 300 goods may be bundled out in the upcoming fiscal year in preparation for Bangladesh's graduation to middle-income country that presupposes tariff rationalisation.Officials in the revenue board have said Supplementary Duty (SD) on some 191 while...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh, Sylhet, Dhaka, Rajshahi, Khulna, Barishal and Chattogram divisions in the next 20 hours from 06:00 am today (Tuesday), according to...
Shahbagh police station will be relocated from its current location to facilitate the implementation of the Shadhinata Stambha project at Suhrawardy Udayan in the city, reports UNB.The decision came from the cabinet meeting chaired by Prime Minister Sheikh Hasina at...
Twenty-two people were hospitalised with dengue fever in 24 hours until Monday morning, reports UNB.Of the new patients, fifteen were admitted to hospitals in Dhaka city and the rest outside it, according to the Directorate General of Health Services (DGHS).Currently,...
FE REPORT | 2024-06-04 00:00:00
Bhutan has reduced the Sustainable Development Fee (SDF) for Bangladeshi tourists to $15 from $100.The new visa policy went into effect on June 2, 2024, according to a notification by the Department of Tourism of Bhutan on Monday.Under the new...
Water levels at 59 river stations, monitored by Flood Forecasting and Warning Centre (FFWC), have marked rise while 42 stations recorded fall, reports BSS.Among the 110 monitored river stations, eight have been registered steady and water levels at three river...
FE REPORT | 2024-06-04 00:00:00
The Appellate Division of the Supreme Court (SC) on Monday upheld a ban on setting up cattle markets at Aftabnagar in the capital on the occasion of Eid-ul-Azha, as it is a residential area. The apex court dismissed a petition,...
NAZIMUDDIN SHYAMOL | 2024-06-04 00:00:00
CHATTOGRAM, June 03: Apart from three permanent cattle markets, seven temporary cattle markets will sit in the port city ahead of the holy Eid-ul-Azha.The district administration has given permission to the Chattogram City Corporation (CCC) to set up seven temporary...
FE REPORT | 2024-06-04 00:00:00
The Transparency International Bangladesh (TIB) has sounded serious alarms following revelations regarding the former police and RAB chief, who reportedly amassed substantial illegal wealth and property through misuse of the state-granted authority.The anti-corruption watchdog underscores that the unchecked use of...
Shafi Ahmed, one of the key orgnisers of student protests during the anti-autocracy movement against the HM Ershad regime in the 1980s, has died in Dhaka aged 63, reports bdnews24.com.Hasanul Haq Inu, president of the Jatiyatabadi Samajtantrik Dal (JSD), said...
Foreign Minister Hasan Mahmud has criticised the recent Deutsche Welle (DW) documentary on UN peacekeepers, saying it was intentionally made to undermine the contributions of Bangladeshi peacekeepers, reports UNB.He said the documentary, titled 'Torturers deployed as UN peacekeepers,' has sparked...
FE REPORT | 2024-06-04 00:00:00
Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir said on Monday that former Inspector General of Police (IGP) Benazir Ahmed had committed unprecedented level of corruption.He also said that the ruling Awami League has almost destroyed the country.Mr...
Awami League (AL) General Secretary Obaidul Quader has said BNP is closely connected with communal forces, including Jamaat, reports BSS."The statement of BNP Secretary General Mirza Fakhrul Islam Alamgir over anti-liberation forces and fanatic organisation Jamaat has proved that BNP...
HONG KONG, June 3 (Reuters): More than a year after China pledged to smoothen the process for offshore listings, firms are reeling from a regulatory logjam that is unlikely to ease soon, and staring at the prospects of sharply lower...
LONDON, June 3 (AFP): Shein, the Chinese-founded online fashion giant, is set to file in the coming days with regulators over a potential London stock market listing, UK media reported Monday.A float, which could value Shein at £50 billion ($64...
MUMBAI/SINGAPORE, June 3 (Reuters): Indian shares hit lifetime highs while the rupee gained and bond yields dropped with investor sentiment buoyed by expectations of sustained economic growth after exit polls indicated a decisive mandate and a third term for Prime...
STOCKHOLM, June 03 (AFP): Microsoft said Monday it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, its biggest investment in the country.The group will train 250,000 people by 2027 to...
A training programme on Bancassurance was conducted by the Bangladesh Insurance Academy at its office in Dhaka. The three-day training was especially arranged for the officials of Midland Bank. The closing ceremony of the training programme was held on Thursday,...
Md. Abul Hashem, Deputy Managing Director of Uttara Bank PLC, inaugurated the new premises of Halishahar Branch in Chattogram (Tamizur Rahman Plaza, Halishahar Road, Pahartali) and Reazuddin Bazar Branch (Karnophuli Tower, Jebunnesa Road (Faler Gali), Chattogram) on Sunday. Deputy Managing...
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