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Higher costs cut Reckitt Benckiser's profit marginally

FE REPORT | 2024-08-01 00:00:00

Reckitt Benckiser's profit fell 3.4 per cent year-on-year to Tk 142 million in the second quarter through June this year owing to higher operating expenses.Its earnings per share stood at Tk 30.12 in the quarter, slightly down from Tk 31.11...

Unilever Consumer Care’s profit grows 15pc on reduced cost

FE REPORT | 2024-08-01 00:00:00

Despite a decline in revenue, Unilever Consumer Care registered a 15 per cent year-on-year growth in profit to Tk 189.49 million in April-June (Q2) this year, backed by operating efficiency and an increase in net finance income.The one-off waiver of...

Bata's profit plunges 38pc in Q2

FE REPORT | 2024-08-01 00:00:00

Bata Shoe has declared a 38 per cent year-on-year decline in profit for the second quarter through June on a 19 per cent plunge in sales in the quarter, compared to the same period a year ago. An FE analysis...

Here is time Marico is set to distribute income to foreign owners

BABUL BARMAN | 2024-08-01 00:00:00

Marico Bangladesh has declared a record 1,000 per cent interim cash dividend for the three months to June this year. This dividend payout will be the highest even when compared to yearly dividends paid by the multinational company since its...

Light to moderate rain likely today _

2024-08-01 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Dhaka, Khulna, Barishal, Chattogram & Sylhet divisions; at many places over Rangpur and Mymensingh divisions and at a few places over Rajshahi...

Injured Narsingdi man dies

2024-08-01 00:00:00

A 44-year-old man who was injured during the quota reform protests in Narsingdi died on Wednesday while undergoing treatment at Dhaka Medical College Hospital (DMCH), reports UNB.Abdur Rahman passed away at the DMCH ICU at 7:15 am, confirmed Inspector Bachchu...

DNCC to develop another waste management system

2024-08-01 00:00:00

A move is underway to acquire a 50-acre piece of land by the Dhaka North City Corporation (DNCC) to develop a modern waste management facility alongside the existing Landfill Site (LFS) in the ccapital's Amin Bazar area, reports UNB.According to...

Amnesty urges PM to end crackdown

FE REPORT | 2024-08-01 00:00:00

Amnesty International's Secretary General Agnès Callamard in an open letter has called for Prime Minister Sheikh Hasina to cease the ongoing crackdown on protesters.She also urged the premier to cooperate with the United Nations to conduct a thorough, effective, independent...

Air Chief Marshal Hasan Mahmood Khan inaugurated the tree plantation programme

2024-08-01 00:00:00

Chief of Air Staff Air Chief Marshal Hasan Mahmood Khan inaugurated the tree plantation programme 'Green Initiative 2024' by planting a sapling at the Headquarters of Bangladesh Air Force Base Bashar in Dhaka Cantonment on Wednesday. — ISPR

DSCC declares Tk 67.60b budget for FY 25

2024-08-01 00:00:00

Dhaka South City Corporation (DSCC) has announced a budget of over Tk 67.60 billion (6,760.74 crore) for the fiscal year (FY) 2024-25, reports BSS.DSCC Mayor Sheikh Fazle Noor Taposh announced the budget at Mayor Hanif Auditorium at the Nagar Bhaban...

Anti-Discrimination Students' Movement activists demonstrated

2024-08-01 00:00:00

The Anti-Discrimination Students' Movement activists demonstrated on the premises of a Chattogram court on Wednesday as part of their 'March for Justice' programme, condemning mass killings, arrests, attacks and cases against a large number of people across the country. —...

Govt turns country into 'death valley'

2024-08-01 00:00:00

Ganatantra Mancha, an alliance of several opposition parties, has said the government has turned the entire Bangladesh into a death valley by killing several hundred students and people to suppress their protests, reports UNB.Speaking at a protest rally on Wednesday,...

Quader calls for resisting arson terrorists

2024-08-01 00:00:00

Awami League (AL) General Secretary Obaidul Quader has urged the former Bangladesh Chhatra League (BCL) leaders to resist arson terrorists unitedly forgetting all differences of opinions, report agencies."Destructive activities of arson terrorism have begum again. We should fight against them...

Month of mourning begins today

2024-08-01 00:00:00

The month of mourning begins today (Thursday) commemorating the brutal assassination of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and most of his family members on August 15, 1975, reports BSS.The August 15 carnage is the ugliest chapter of...

Withdraw curfew, stop harassment of opposition activists: BNP

FE REPORT | 2024-08-01 00:00:00

Bangladesh Nationalist Party (BNP) demanded on Wednesday that the government withdraw curfew, stop torture, harassment and arrest of the opposition leaders and reopen the educational institutions.Secretary General of the party Mirza Fakhrul Islam Alamgir made the demand in a statement...

Recent violence resembles that of Sri Lanka: PM

2024-08-01 00:00:00

Prime Minister (PM) Sheikh Hasina has likened the recent violence in the country as 'almost a terrorist attack' aimed at creating a situation like what had happened in Sri Lanka to oust her government, reports UNB."It was not a movement...

Matiur goes on 'early retirement' without financial benefits

2024-08-01 00:00:00

Matiur Rahman, former member of the National Board of Revenue (NBR) and much-talked- about in the recent goat incident, has gone on 'early retirement', reports UNB.The government has sent him on retirement after he applied for voluntary retirement.The Internal Resources...

FBCCI welcomes govt's decision to waive port demurrage charges

FE REPORT | 2024-08-01 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Wednesday welcomed the government's decision to exempt port demurrage charges for seven days on export and import goods.Earlier, the apex trade body requested this exemption as the recent countrywide...

BPDB, SSPL sign PPA

FE REPORT | 2024-08-01 00:00:00

The state-run Bangladesh Power Development Board (BPDB) has inked a power purchase agreement (PPA) with the Sonagazi Solar Power Ltd (SSPL) to build a 50-mewagatt solar power plant in Noakhali.The deal-signing ceremony was hosted at Bidyut Bhaban in the capital...

Primary schools to reopen Sunday

2024-08-01 00:00:00

All primary schools under the Ministry of Primary and Mass Education, except those in 12 city corporations and Narsingdi municipalities, will reopen on Sunday.Children Welfare Primary Schools run by Children Welfare Trust and learning centres under Non-formal Education Bureau will...

Students remember the heroes today

DU CORRESPONDENT | 2024-08-01 00:00:00

The 'Anti-discrimination Student Movement' has announced to the media its 'Remembering the Heroes' programme across the country for today (Thursday).On behalf of the students, coordinator Rifat Rashid of the movement made the disclosure in a statement on Wednesday night.He particularly...

HC judge's sickness halts writ hearing

FE REPORT | 2024-08-01 00:00:00

Hearing on the writ petition that sought directives for not using live rounds on the protesters along with immediate release of the six coordinators of the quota reform movement could not be held in the High Court (HC) on Wednesday....

Russian credit to BD higher in FY24

FHM HUMAYAN KABIR | 2024-08-01 00:00:00

Moscow provided a higher volume of loans to Dhaka in fiscal year 2023-24 despite the latter's two-year halt to repayments, officials said on Monday.Russia disbursed $1.295 billion credit last fiscal, which was the second-highest amount for the nuclear-power project in...

US senators condemn crackdown on quota protests

FE REPORT | 2024-08-01 00:00:00

US senators have condemned Bangladeshi security forces for using force and violence against student protesters.Senators Ben Cardin, chair of the Senate Foreign Relations Committee, and Cory Booker issued a statement on Wednesday condemning the violence against students protesting the quota...

Harun transferred from DB

FE REPORT | 2024-08-01 00:00:00

Chief of the Detective Branch (DB) of the Dhaka Metropolitan Police (DMP) Additional Commissioner Harun or Rashid has been transferred. He has been appointed as the Additional Commissioner (Crime and Opera-tions) at DMP Headquarters.This information was revealed in an office...

Access to social media restored

FE REPORT | 2024-08-01 00:00:00

After a 13-day closure, access to social-media platforms like Facebook, TikTok, Whatsapp, Instagram and YouTube was restored on Wednesday afternoon.Users were able to access these platforms after 2:00 pm on the day, following a morning meeting between the tech operators...

A student tries to stop a police van carrying fellow protesters

2024-08-01 00:00:00

A student tries to stop a police van carrying fellow protesters in the High Court area in Dhaka. As students on Wednesday marched to the court demanding justice for more than 200 deaths and thousands of injuries during the nationwide...

E-com loses Tk 17b in 13 days

FE REPORT | 2024-08-01 00:00:00

The e-Commerce Association of Bangladesh (e-CAB) has reported a walloping great financial loss in the country's e-commerce sector due to the recent shutdown of internet and social network Facebook.During a press conference at Banani in Dhaka on Wednesday, e-CAB president...

Structures can be rebuilt, but lost lives never come back: PM

2024-08-01 00:00:00

Prime Minister Sheikh Hasina on Wednesday said the lives lost during the recent quota-reform violence can never be brought back even if the destroyed structures are rebuilt, reports UNB."The structures that were destroyed can be rebuilt. But we will never...

Prayer Timings (2024-08-01)

2024-08-01 00:00:00