GULAM RABBANI | 2024-05-18 00:00:00
Dodging duties through false declaration on imports has increased alarmingly in last few years, a watchdog noses out, while public purse feels financial strains. In the financial year 2022-2023, the Customs Intelligence and Investigation Directorate (CIID) realised Tk 2.01 billion...
Litchi growers sort and bundle freshly plucked fruits at an orchard at Sonargaon in Narayanganj on Friday. Covered in bumpy red shells, these treasures reveal almost clear white flesh with a juicy and jelly-like texture, making the fruit a tempting...
REZAUL KARIM | 2024-05-18 00:00:00
A group of Chinese nationals, in collaboration with Bangladeshi partners, has applied for a digital bank licence in Bangladesh, according to documents of the Chinese Embassy in Dhaka. The consortium submitted the application to the Bangladesh Bank under the name...
FE REPORT | 2024-05-18 00:00:00
The United States Department of State has ruled out the possibility of lifting the sanctions against Bangladesh's elite-force RAB. Deputy Spokesperson for the US Department of State Vedant Patel made the US government's position clear in response to a question...
JUBAIR HASAN | 2024-05-18 00:00:00
Bloating deficit in trade credits prompts the central bank to begin probing the facts as the lacuna has upset the country's financial account in recent times, officials said.The fact-checking measure of Bangladesh Bank (BB) comes at a time when the...
Prime Minister Sheikh Hasina has called upon economists to formulate plans, policies and programmes considering the people and reality of Bangladesh."My expectations from the economists are that you will think about the people of the country and plan your policies,"...
FHM Humayan Kabir | 2024-05-18 00:00:00
Bangladesh's current economic difficulties couldn't deter ministries from a race for getting unapproved projects interpolated into the new development programme as 1,225 such supernumeraries got in, officials said.Almost all of these projects in the Annual Development Programme (ADP) for the...
Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at a few places over Mymensingh, Chattogram & Sylhet divisions and at one or two places over Rangpur, Dhaka and Barishal divisions over the country 6:00 pm today (Saturday),...
13 Covid-19 cases reported Bangladesh reported 13 more Covid-19 cases in the last 24 hours until Friday morning. With the new numbers, the country's total Covid-19 caseload rose to 2,050,223, according to the Directorate General of Health Services (DGHS). The...
Biman Bangladesh Airlines has sent a rejoinder on the content of the news item titled "Biman captain gets only letter of caution" published on May 13, 2024 in The Financial Express. In the rejoinder the Biman said that departmental proceeding...
Writer and Managing Editor of the daily Prothom Alo Anisul Hoque and Vice chancellor of Independent University, Bangladesh Tanweer Hasan, among others, attended an orientation programme (Summer 2024) for undergraduate students of IUB on the university campus in the city...
FE REPORT | 2024-05-18 00:00:00
Three construction workers died on Friday after falling from a 10-storey under-construction building in the capital's Basabo area. The deceased were identified as Altabur (40), Antor (25) and Mofizul (20).A sub-inspector at Sabujbagh Police Station told the FE that the...
RAB's intelligence-based drive against the Arakan Rohingya Salvation Army (ARSA) is continuing and operations are being launched as soon as any information is received, reports UNB.Commander Arafat Islam, director (legal and media wing), said this while speaking at a press...
Arafat Ara | 2024-05-18 00:00:00
Bangladesh is set to face another impact for its foreign exchange reserves as Malaysia -- a key destination for Bangladeshi workers -- announced it will no longer welcome Bangladeshi workers from June 1. This job market closure follows similar closures...
BRAHMANBARIA, May 17 (UNB): Law, Justice and Parliamentary Affairs Minister Anisul Huq said on Friday that the BNP, in alliance with war criminals and Razakars, Al-Badrs, acted as Pakistan's agent during their rule.They exploited and tortured the people of Bangladesh,...
Home Minister Asaduzzaman Khan on Friday said police will play the main responsibility towards implementing the Prime Minister's vision to transform the country into Smart Bangladesh, reports BSS."Bangladesh is moving forward due to your (police) sincere efforts to control terrorism,...
FE REPORT | 2024-05-18 00:00:00
Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir said on Friday that the Awami League (AL) government has introduced neo-Baksal rule in the country. He made the comment in a statement issued on the day expressing concern over...
Prime Minister Sheikh Hasina on Friday said her party - Bangladesh Awami League (AL) is now the strongest, largest and the most credible political party in the country, report agencies."Today Awami League is the strongest and biggest organisation in Bangladesh....
Global equity funds experienced strong demand for the third consecutive week, in the seven days to May 15, bolstered by a softer US jobs report and lower-than-expected inflation figures, which increased expectations that the Federal Reserve may begin cutting rates...
MUMBAI, May 17 (Reuters): Most Indian bond traders are looking for a cut in the government's short-term borrowing as a better way to regulate banking system liquidity after two consecutive attempts to buy back debt failed, several traders said.Government spending...
Fareast Islami Life Insurance Company Limited has signed a corporate agreement with Exim Bank, aiming to sell life insurance policies through Bancassurance. Managing Director and CEO of Exim Bank Mohammad Feroz Hossain and Managing Director and CEO of Fareast Islami...
FE REPORT | 2024-05-18 00:00:00
Craftsman Footwear and Accessories, an export-oriented shoe manufacturer, made its trading debut on the SME platforms of the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Thursday. But only one trade executed on each exchange, involving two shares.On...
FE REPORT | 2024-05-18 00:00:00
Stocks tumbled below 5,600 mark again this week, wiping out all the gains of the previous two weeks, as investors opted to flee the riskier assets amid persistent macroeconomic uncertainties. The investors trimmed their exposure to the stock market owing...
KAZAN, May 17 (TASS): Iran is actively participating in the activities organized under of Russia's chairmanship in BRICS, and the countries are working to create a single currency for the association, Iranian Ambassador to Russia Kazem Jalali said at a...
RAJSHAHI, May 17 (BSS): Agriculture Minister Dr Abdus Shahid, MP, has said India, China, Russia and Belarus are very much interested in importing mangoes produced in Rajshahi, including its vast Barind tract.He also said a Chinese team will see the...
Genex Infosys Ltd, a premier IT enablement company, and City Bank PLC, a leading provider of banking solutions, signed an agreement recently at the bank's Head Office at Gulshan in Dhaka. The collaboration marks a significant milestone in the financial...
FE REPORT | 2024-05-18 00:00:00
The debut edition of 'Fashion Tech Week' (FTW) concluded in Dhaka. The event was aimed at Empowering the Bangladesh Readymade Garment (RMG) industry.In the two-day event exhibitors and visitors witnessed valuable opportunities in the tech driven apparel business. The two...
OUR CORRESPONDENT | 2024-05-18 00:00:00
CHATTOGRAM, May 17: The Chittagong Chamber of Commerce and Industry (CCCI) held a view exchange meeting with the Ambassador of the Republic of Korea at the World Trade Centre (WTC) in the port city Chattogram on Thursday. Addressing the meeting,...
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