Banks have increased the price of US dollar up to Tk119.40 after getting central bank instruction to rate hikes to lure more remittance in the legal channel, reports UNB.Over a dozen banks increased the US dollar exchange rate on Monday...
Education Minister Mohibul Hasan Chowdhury confirmed that educational institutions will be reopened in phases, considering public safety, reports UNB.The announcement was made following a meeting chaired by Home Minister Asaduzzaman Khan at the Ministry of Home Affairs Tuesday.When asked about...
Hackers have carried out more than 50,000 cyberattacks in several rounds in the past 10 days to take control of important government websites during the quota reform protests, State Minister for ICT Zunaid Ahmed Palak has said, reports bdnews24.com.The hackers...
FE REPORT | 2024-07-31 00:00:00
A good number of economically insolvent Bangladeshi nationals migrate to Libya first and then to Europe from there, according to a latest survey report.About 95 per cent of Bangladeshis left their home country primarily because of economic reasons. Of them,...
Flower business runs dull due to scarce socio-cultural programmes amid the fluid political climate the country has been through this month. The snap shows most florists in Shahbagh area shut on Tuesday. — FE Photo
KOCHI, July 30 (Reuters): Landslides swept through tea estates and villages in southern India's Kerala on Tuesday, killing at least 106 people while they slept as unexpected heavy rain collapsed hillsides and triggered torrents of mud, water and tumbling boulders.The...
FE REPORT | 2024-07-31 00:00:00
Train services will resume across the country tomorrow (Thursday) with only short-distance commuter, mail and local trains operating during the curfew-relaxed time.The decision was taken at a high-level meeting held with Railway Minister Mohammad Zillul Hakim in the chair at...
FE REPORT | 2024-07-31 00:00:00
The High Court observed on Tuesday that all deaths that occurred during the quota-reform movement are tragic for all of us.The High Court bench of Justice Mustafa Zaman Islam and Justice S M Masud Hossain Dolon made this observation during...
FE REPORT | 2024-07-31 00:00:00
The importers who failed to release cargoes from Chittagong port due to student protests, curfew and internet outage must do it by August 14 to get a demurrage waiver.In an order issued on Tuesday, shipping ministry said import consignments that...
REZAUL KARIM | 2024-07-31 00:00:00
The government will sit to devise strategies for issuance of sovereign guarantee against Tk 50 billion to be provided to the state-run ICB aiming to inject into the ailing capital market, sources said.The loan will be taken from the Bangladesh...
FE REPORT | 2024-07-31 00:00:00
The first unit of Rooppur 2,400MW Nuclear Power Plant has been readied to load dummy fuel assemblies as part of its pre-commissioning job, said sources."The refuelling machine in the reactor compartment of Rooppur NPP (RNPP) first power unit is ready...
Prime Minister Sheikh Hasina on Tuesday said the government will take foreign technical assistance for the judicial probe committee formed to investigate the deaths during quota movement, aiming to ensure proper and standard inquiry, reports UNB."We will take foreign technical...
FE REPORT | 2024-07-31 00:00:00
After twelve days, all public and private offices will resume their normal function today (Wednesday), following the previous 9am-5pm schedule, the government said on Tuesday.Commercial banks, financial institutions, and the capital markets will also operate at full capacity according to...
Law Minister Anisul Huq said on Tuesday the government will ban Jamaat-e-Islami today (Wednesday), reports UNB.The party will be banned through an executive order, he told reporters at the Secretariat.The Law Minister said discussions was scheduled to be held Tuesday...
FE REPORT | 2024-07-31 00:00:00
A platform of eminent citizens made an 11-point demand, including unconditional release of the six coordinators of the quota-reform movement from the custody of plainclothes police within 24 hours.Throwing their weight behind the now muted massive student protests, the platform,...
MONIRA MUNNI | 2024-07-31 00:00:00
American fashion companies are actively diversifying their apparel- sourcing base and exploring opportunities especially in India amid growing risks and market uncertainty in Bangladesh, says a latest US study.It cites shipping delays and supply-chain disruptions and 'managing geopolitics and other...
FE REPORT | 2024-07-31 00:00:00
American agency S&P has relegated Bangladesh's long-term creditworthiness ratings to "B+" from "BB-" on grounds of elevated external vulnerabilities coupled with latest domestic sociopolitical situations.The US global credit-rating agency lists the downside risks and says Bangladesh's external profile remains under...
Tanvir Ahmad | 2024-07-31 00:00:00
In the face of escalating climate crises, the imperative to climate-proof our economy has never been more pressing. The relentless march of global warming, marked by more frequent and severe natural disasters, threatens not just our environment but the very...
In the fast-paced world of finance, the development of cryptocurrency has sparked discussions over regulation. Governments and financial institutions worldwide are grappling with how to strike a balance between the need for innovation and the imperative to maintain financial stability....
In today's fast-paced business environment, a seamless supply chain process is indispensable for success. It entails efficiently management of the flow of goods, services, and information from the point of origin to the point of consumption. To achieve this, companies...
Syed Mansur Hashim | 2024-07-31 00:00:00
It is interesting to see that the government has formed some 37 market monitoring teams to tame inflation of foods at retail markets. The utility of such teams has proved futile so far. What is needed is to identify the...
Despite its efforts to the contrary, the National Board of Revenue (NBR), over the past decade could never succeed in achieving its annual tax collection targets. There was nothing surprising about that since traditionally, the finance ministry in its annual...
AFRA NAWMI | 2024-07-31 00:00:00
When there was no internet, computers, and smartphones, words like ‘digital’ or ‘online’ didn’t exist, and kids had unique plans to entertain themselves. They had spacious houses, courtyards, empty compounds, and terraces. There were countless named and unnamed country games...
DR IMTIAZ AHMED | 2024-07-31 00:00:00
Everything around us is very expensive nowadays, including food. A big chunk of our monthly income is spent on a decent meal. Even essential food items are becoming pricier. Therefore, it might be a good time to rethink our dietary...
TAHSEEN NOWER PRACHI | 2024-07-31 00:00:00
Recently, the whole country faced an internet blackout. An internet blackout is exactly what it reads-no internet for anything, not even the basics, like downloading a movie. For a generation that depends on their mobile phones for almost any kind...
NEW DELHI, July 29 (Reuters): India has declined to accept a European Union proposal to levy higher taxes on its carbon-producing industries, which the 27-nation bloc said it was willing to offset when those products enter its borders, a top...
NEW YORK, July 29(Reuters): US oil and gas producer Occidental Petroleum said on Monday it would sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for about $818 million, as it plans to cut down debt.It...
BENGALURU, July 29 (Reuters): Home appliances maker Whirlpool of India beat first-quarter profit estimates on Monday, helped by strong demand for its air conditioners and refrigerators amid hot weather in the country.Whirlpool's India unit posted consolidated net profit of 1.44...
FRANKFURT/GDANSK, July 29 (Reuters): European companies focused on clean energy are abandoning expansion plans, bracing for lower sales or see funding of US projects in doubt because of fears over what a potential election victory for Donald Trump could mean...
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