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Contract farming reduces use of antibiotics

Sultan-ul Islam | 2024-05-23 00:00:00

Observation of farming practices at ground level has revealed that most broiler chicken farmers are using antibiotics unnecessarily. This increases production cost and puts the health of the public at risk. On the other hand, poultry companies are providing their...

Biman Hajj flights from Sylhet begin

FE REPORT | 2024-05-23 00:00:00

Biman Bangladesh Airlines, the national flag carrier of the country, has started its dedicated Hajj flights from Sylhet. A flight with 389 pilgrims departed from Osmani International Airport in Sylhet at 4.45 pm on Wednesday to Medina in Saudi Arabia....

Members of Bangladesh Bauddha Kristi Prachar Sangha brought out a colourful procession

2024-05-23 00:00:00

Members of Bangladesh Bauddha Kristi Prachar Sangha brought out a colourful procession in the city on Wednesday, marking the Buddha Purnima — Focus Bangla

Curbing graft a must to build a livable city: Taposh

FE REPORT | 2024-05-23 00:00:00

Dhaka South City Corporation (DSCC) Mayor Sheikh Fazle Noor Taposh on Wednesday said that checking corruption, strict enforcement of law and ensuring speedy trial are the three key components to build a livable and safer city. If these three elements...

Zia planned to destroy AL by grabbing state power: Nanak

2024-05-23 00:00:00

Textiles and Jute Minister Jahangir Kabir Nanak on Wednesday said BNP founder General Ziaur Rahman had become a member of the Bangladesh Krishak Sramik Awami League (BAKSAL) by begging, and he had planned to destroy the Awami League and the...

Central 14-party meeting today

2024-05-23 00:00:00

A meeting of the central 14-Party Alliance led by ruling Awami League will be held at Prime Minister Sheikh Hasina's official residence Ganobhaban in the city at 7pm on Thursday, reports BSS.Awami League President and Prime Minister Sheikh Hasina will...

5 hurt, 20 houses vandalised in Satkhira post-polls violence

2024-05-23 00:00:00

SATKHIRA, May 22 (UNB): At least five people sustained injuries after post-polls attacks allegedly by the supporters of a rival group in Satkhira's Ashashuni upazila on Tuesday night and Wednesday morning.During the attacks, the assailants also vandalised at least twenty...

Missing AL lawmaker found dead in Kolkata

2024-05-23 00:00:00

The Indian police have recovered the body of ruling Awami League lawmaker of Jenaidah-4 Anwarul Azim Anar from an apartment 'Sanjiba Garden' located in New Town area in Kolkata on Wednesday morning, reports BSS."Body of the lawmaker was recovered from...

Saber urges SA nations to take urgent action to address climate change

2024-05-23 00:00:00

Environment, Forest, and Climate Change Minister Saber Hossain Chowdhury on Wednesday called upon the South Asian countries to take urgent actions to cope with the adverse impacts of global warming, halting glacier melting in the Hindu Kush Himalaya (HKH) region,...

Fakhrul blames govt for sanctions against Aziz

2024-05-23 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Wednesday alleged that the government is responsible for the sanctions imposed by the United States on former Army chief General Aziz Ahmed, reports UNB. Speaking at a press conference at the BNP's...

Govt doesn't care about sanctions imposed by supporters of genocide

2024-05-23 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday said the government does not care about the sanctions imposed by the supporters of genocide, reports BSS."The government does not have any headache over sanctions...

Paytm warns of more financial impact from banking unit wind down

2024-05-23 00:00:00

MUMBAI, May 22 (Reuters): Paytm posted a wider loss in the fourth quarter on Wednesday and warned of further financial impact in the current quarter as the Indian digital payments firm absorbs the full impact of the Reserve Bank of...

ECB can start cuts before Fed, says Finnish bank governor

2024-05-23 00:00:00

FRANKFURT, May 22 (AFP): The European Central Bank (ECB) did not have to take its cues from the US Federal Reserve and could start to lower rates as soon as June, Bank of Finland governor Olli Rehn told the newsw...

Bulls beat a path to China stock shop but foreigners dare not go in

2024-05-23 00:00:00

SHANGHAI/LONDON, May 22 (Reuters): Emboldened by China's latest measures and pledges to fix the weakest parts of its struggling economy, domestic investors are scooping up shares in a cheap stock market, while most foreign investors are hopeful but taking it...

Emerging market credit ratings are finally looking up again

2024-05-23 00:00:00

LONDON, May 22 (Reuters): From Brazil, Nigeria and Turkey to even some of the riskiest emerging markets such as Egypt and Zambia, evidence is growing that a decade-long deterioration in sovereign credit ratings has finally started to reverse.Economists watch ratings...

RUPALI BANK CONGRATULATES NEW FID SECRETARY

2024-05-23 00:00:00

Chairman of Rupali Bank PLC Kazi Sanaul Haque congratulated Md Abdur Rahman Khan with a bouquet on his appointment as the secretary of the Financial Institutions Division (FID), Ministry of Finance, on Tuesday. Parsuma Alam, Managing Director and CEO (additional...

SONALI E-WALLET AWARDED AS 'BEST INNOVATION'

2024-05-23 00:00:00

Sonali e-Wallet, the mobile app of Sonali Bank PLC, has been awarded as the best innovative initiative in the category of state-owned commercial banks. Financial Institutions Division, Ministry of Finance, has recognised the Sonali e-Wallet for its contribution to implementing...

BRAC Bank recognises top female performers in deposit growth

2024-05-23 00:00:00

BRAC Bank awarded its top-performing female officials from the distribution network for their outstanding achievements in deposit growth during the January-March quarter of 2024. At a ceremony titled 'Women Warriors', Selim RF Hussain, managing director and CEO of BRAC Bank,...

DBH shareholders approve 15pc dividend for 2023

2024-05-23 00:00:00

During their recent 28th annual general meeting (AGM), shareholders of DBH Finance approved a 15 per cent dividend for the year 2023. Nasiruddin Ahmad Choudhury, chairman of the company, presided over the meeting. Other attendees included Vice Chairman AMR Chowdhury,...

BD signs deal with Indian co for 200 rail carriages

2024-05-23 00:00:00

A contract has been signed with the Indian company RITES Ltd to procure 200 broad-gauge passenger carriages for Bangladesh Railway at a cost of over Tk 12.05 billion (1,205 crore and 54 lakh), reports UNB.Railway Minister Md Zillul Hakim said:...

bKash, BigganChinta to start 3rd season of ‘Science Festival’ for school students

2024-05-23 00:00:00

bKash and leading science related monthly publication BigganChinta are going to organise 'bKash-BigganChinta Science Festival-2024' for the 3rd time across the country, to inspire and nurture creativity and experimentation in science among school students, says a press release. The initiative...

Chinese co to invest $22.92m in BEPZA EZ

2024-05-23 00:00:00

Chinese company Sanxin Accessories MFC BD Ltd will invest US$ 22.92 million to set up an Interlining & Garments Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ) located at Bangabandhu Sheikh Mujib Shilpa Nagar, Mirsharai, Chattogram. In this connection,...

Lessons that go against floor price rhetoric

BABUL BARMAN and FARHAN FARDAUS | 2024-05-23 00:00:00

The floor price was in place for about 18 months to protect "small investors" but persistent bleeding of the index since its removal in January raises questions as to what investors or market achieved from the regulatory intervention. The prime...

ANOTHER WALTON FRIDGE BUYER BECOMES MILLIONAIRE

2024-05-23 00:00:00

Abu Alam, hailing from Kotwali in Chittagong, became the 36th millionaire in the Walton digital campaign. He won the coveted prize by purchasing a Walton refrigerator during the local brand's ongoing 'non-stop millionaire' offer. Walton's Senior Executive Director and film...

MIDLAND BANK, ZENITH ISLAMI LIFE SIGN BANCASSURANCE DEAL

2024-05-23 00:00:00

Midland Bank PLC and Zenith Islami Life Insurance Limited signed a Bancassurance agreement recently. As per the agreement, Midland Bank customers can now avail all types of life and health insurance benefits of Zenith Life directly from the bank. Chief...

US tariff hike on Chinese EVs from Aug 1

2024-05-23 00:00:00

Some of the steep US tariff increases on an array of Chinese imports, including electric vehicles and their batteries will take effect on Aug. 1, the US Trade Representative's office said on Wednesday, reports Reuters.The new measures affect $18 billion...

Three-year tax exemption sought for startups

FE REPORT | 2024-05-23 00:00:00

Speakers at a summit on Wednesday called for a three-year tax exemption for startups to gain a competitive edge in the global market.They also suggested gradually reintroducing these taxes at sustainable rates to foster growth and innovation.Bangladesh Innovation Forum organised...

Global fashion cos urged to prioritise workers' rights and living wages

MONIRA MUNNI | 2024-05-23 00:00:00

Global fashion companies should adopt responsible purchasing practices to support workers' rights and ensure fair compensation, including living wages for all, according to a latest global report. Global Fashion Agenda (GFA), a Copenhagen-based non-profit organization, in its new report titled...

Second unit set to go into operation next month

NAZIMUDDIN SHYAMOL | 2024-05-23 00:00:00

CHATTOGRAM, May 22: The 600 MW second unit of the Matarbari Ultra Super Critical Coal-Fired Power Project is slated to commence commercial operations in June, as the unit is now undergoing a test run, which is expected to be complete...

Gold prices slip ---

2024-05-23 00:00:00

Gold prices slipped on Wednesday as investors strapped in for minutes from the Federal Reserve's most recent policy meeting for further insights on the timeline for interest rate cuts, reports Reuters.Spot gold eased by 0.3 per cent at $2,413.96 per...