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Israeli strikes on Khan Younis kill 8

2024-07-03 00:00:00

GAZA, July 02 (BBC/Reuters): Palestinians have been fleeing districts to the east of Gaza's second city of Khan Younis after Israel issued evacuation orders.Overnight and into the morning, witnesses reported multiple Israeli strikes in and around Khan Younis. A medical...

Kenya protesters say 'Ruto must go'

2024-07-03 00:00:00

NAIROBI, July 02 (Reuters): Riot police fired tear gas grenades and charged at stone-throwing protesters in downtown Nairobi and across Kenya on Tuesday in the most widespread unrest since at least two dozen protesters died in clashes a week ago.The...

Russian LNG exports up in H1

2024-07-03 00:00:00

MOSCOW, July 2 (Reuters): Russia's liquefied natural gas (LNG) exports rose 2.7 per cent in the first half of the year to 16.79 million metric tons, the Kommersant newspaper reported on Tuesday, but added volumes were set to decline in...

BREB seeks to ensure uninterrupted power service thru better work environment

2024-07-03 00:00:00

The Bangladesh Rural Electrification Board (BREB) has drawn its attention to the recent demonstrations and work abstention by some officials and employees of Palli Bidyut Samity (PBS) which is under the BREB.They are staging demonstrations in many places to press...

STANDARD BANK RISK MANAGEMENT COMMITTEE MEETING

2024-07-03 00:00:00

STANDARD BANK RISK MANAGEMENT COMMITTEE MEETINGThe 35th meeting of the Risk Management Committee of Shari'ah-based Standard Bank PLC was held at the Head Office of the bank in Dhaka on Sunday. Chairman of the Board of Directors Kazi Akram Uddin...

Gold slips amid elevated US Treasury yields

2024-07-03 00:00:00

LONDON, July 2 (Reuters): Gold prices fell on Tuesday under pressure from elevated US Treasury yields and a stronger dollar while investors awaited comments from Federal Reserve Chair Jerome Powell and more data for further clues about the interest rate...

Oil prices climb to two-month high

2024-07-03 00:00:00

BENGALURU, July 2 (Reuters): Oil prices climbed nearly 1 per cent on Tuesday, extending gains to two-month highs on Tuesday on expectations of rising demand during the summer driving season and possible supply disruptions from Hurricane Beryl.Brent crude futures rose...

Lighting up tax revenue: the role of electricity bills

Syed Abul Basher | 2024-07-03 00:00:00

How can Bangladesh increase its tax revenue? This question frequently appears in media discussions and is also a recurring topic in conversations with my university students. Taxes are the primary source of government revenue, used to finance public investments in...

Keep a tab on public servants' wealth

2024-07-03 00:00:00

The International Monetary Fund (IMF) advised the government to take annual wealth statements from public servants and update them regularly to reduce corruption. However, the effectiveness of this advice is in doubt. There are currently 1.5 million government employees in...

Evaluation method in new curriculum

2024-07-03 00:00:00

For the first time, our education system will scrap the number and grading system and start assessing students' skills using 'triangle,' 'circle,' and 'quadrant' indicators. This system is slated for its official launch concurrent with the commencement of the half-yearly...

Traditional farming now at risk

Syed Mansur Hashim | 2024-07-03 00:00:00

Small farmers are now in danger of leaving the profession altogether. In the face of severe shortcomings, the traditional small holding farmer can no longer afford to stay true to the profession of his forefathers and that has raised alarm...

Declining apparel exports - any way out?

Wasi Ahmed | 2024-07-03 00:00:00

The decline in garment export to the largest markets USA and the EU is persisting since the second half of the current fiscal. Reasons broadly attributed to the situation include inflationary pressure, increased production costs, lead time, and energy crisis....

Supporting small farmers to ensure nation's food security

2024-07-03 00:00:00

Small farmers, who constitute 28 per cent of the country's population and work on farmlands that have been shrinking at an alarming rate of about 16,000 hectares annually, thanks to unplanned urbanization, development work and expanding settlements, are obviously in...

What to do and what to avoid

Nowshaba Achal | 2024-07-03 00:00:00

One of your most valuable assets is your smile, and the basis of excellent dental health lies behind every radiant expression. However, maintaining and obtaining healthy teeth involves much more than just brushing twice a day. It necessitates a coordinated...

A day through the artistic heart of Kushtia

Afra Nawmi | 2024-07-03 00:00:00

Known as the capital of literature and culture, the Kushtia district is situated northwest and north of the Padma River. The writer, being of Kushtia origin, can confirm that the district is a heaven for everything it offers. A day...

On the eighth anniversary of the terror attack at Gulshan's Holey Artisan café,

2024-07-02 00:00:00

On the eighth anniversary of the terror attack at Gulshan's Holey Artisan café, which claimed the lives of 22 people including seven Japanese nationals, the Japanese Embassy in Dhaka pays tribute to the victims. — FE photo

Businesses say export incentives cut would affect local industry

2024-07-02 00:00:00

The government decision to cut export incentives in the current fiscal year in almost all sectors has garnered mixed reaction from business leaders, reports UNB.The government defends the move saying that after the country graduates from least developed country (LDC)...

Call for policy guideline to integrate energy sector

FE REPORT | 2024-07-02 00:00:00

Speakers during a webinar underscored the necessity for a policy guideline with an eye to integrating the entire energy sector.The country has so far adopted a single policy that was dedicated solely to the power and energy sector, which was...

$400m AIIB loan for budget support: deal signed

2024-07-02 00:00:00

The Asian Infrastructure Investment Bank (AIIB) will provide $400 million to Bangladesh as budget support for implementing the 'Climate Resilient Inclusive Development Programme- Subprogramme1'.In this regard, the government signed a loan agreement with the AIIB on June 27, reports BSS.Mirana...

Sales of savings tools fall 309pc in Jul-Apr of FY24

SAJIBUR RAHMAN | 2024-07-02 00:00:00

Net sales of government savings instruments saw a dramatic year-on-year decline of more than 309 per cent in the first ten months (July-April) of FY2023-24 compared to the same period of the previous year, thanks to higher encashment rates outpacing...

Writ seeks info on public servants' assets

FE REPORT | 2024-07-02 00:00:00

A writ has been filed with the High Court seeking its directive to the authorities concerned to collect returns of movable and immovable assets from public servants working in Bangladesh and aboard.The information has to be submitted to the court...

University teachers go on strike in protest

FE REPORT | 2024-07-02 00:00:00

Teachers and employees of public universities across the country went on an indefinite strike on Monday in protest against the 'Prottoy' pension scheme, bringing their academic and administrative activities to a halt.However, the protesters demanded the withdrawal of the universal...

Govt to form special co to run Padma Bridge

Munima Sultana | 2024-07-02 00:00:00

The government will finally form a special company to operate and maintain the country's largest Padma Bridge that was opened to traffic two years ago.The weekly cabinet meeting held with Prime Minister Sheikh Hasina in the chair on Monday approved...

Implement budget with transparency

2024-07-02 00:00:00

Prime Minister Sheikh Hasina on Monday directed all to implement the just-approved national budget with competence and transparency in the new fiscal year.She made the directive while chairing the Cabinet meeting at her office here, reports UNB.Briefing reporters at the...

Ceramic factories struggling amid gas crisis

SAIF UDDIN | 2024-07-02 00:00:00

The country's ceramic manufacturing factories in key areas like Dhaka, Gazipur and Narsingdi have been struggling to continue production as they have been suffering from a severe gas crisis in recent times. According to industry people's estimation, nearly 25 factories...

Briefing 2024-07-02

2024-07-02 00:00:00

DSE SME board gains 13pc in FY24, advantaged by absence of floor priceThe SME market index soared almost 13 per cent year-on-year in the just concluded financial year as it drew a significant number of investors at a time when...

New firm registrations plunge as investment climate sours

Ismail Hossain | 2024-07-02 00:00:00

New private firm registrations dropped 6.76 per cent year over year to 7,479 in FY24, according to official data, as trade leaders see a deteriorating investment climate since the pandemic that has discouraged new business formation.During the recently concluded financial...

VAT on metro fares takes effect

FE REPORT | 2024-07-02 00:00:00

The value-added tax (VAT) on metrorail-ticket prices came into effect on Monday after the expiry of the exemption tenure on June 30.The metrorail authorities now require paying a 15-percent VAT on its total sales of tickets to the exchequer.However, there...

Sylhet may see fresh flooding, Ctg runs risks of landslide

FE Report | 2024-07-02 00:00:00

Incessant rain and the onrush of water from upstream have raised fears of flooding once again in the Sylhet region and landslides in the Chattogram region.Our correspondent in Chattogram reports that the Chattogram division is at high risk of fresh...

Court questions short notice for huge payment

FE REPORT | 2024-07-02 00:00:00

A short notice to two S Alam firms for making a huge payment to the exchequer, to the tune of Tk 35.38 billion in evaded VAT compounded with Tk 35.31-billion penalty and interest, comes into question from the court. The...