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Press freedom yet under attack: Editors' Council

FE REPORT | 2024-11-06 00:00:00

Expressing deep concern, the Editors' Council on Tuesday said the press freedom in the country was still under attack from certain sectors of society despite the interim government's repeated promises to uphold it.Some of the country's leading print-media offices faced...

No need for any hard copies in online tax submission: NBR

2024-11-06 00:00:00

The National Board of Revenue on Tuesday said hard copies need not be submitted to VAT office after filing online returns, coefficient declarations, etc, reports UNB.The NBR said that it has been informed that in some cases hard copies are...

HC issues rule over forming body to reinvestigate BDR mutiny

FE REPORT | 2024-11-06 00:00:00

The High Court on Tuesday issued a rule asking why an order should not be given to form a national independent investigation committee to re-investigate the killings during the mutiny at the then Bangladesh Rifles (BDR) headquarters in the capital's...

Olama Mashayekh rally gridlocks city

FE REPORT | 2024-11-06 00:00:00

A massive gathering of Olama Mashayekh Bangladesh led to significant traffic disruptions across the capital on Tuesday. Major intersections and roads in areas like Farmgate, Shahbagh, Paltan, Gulistan, and Mohakhali were paralysed due to the turnout of a large number...

Refiners seek sugar import at 10pc LC margin

REZAUL KARIM | 2024-11-06 00:00:00

Local sugar refiners have urged the government to keep the LC (letter of credit) margin at a lower level for sugar import to ensure its uninterrupted supply during the upcoming fasting month of Ramadan, sources said.The Bangladesh Sugar Refiners Association...

Prayer Timings (2024-11-06)

2024-11-06 00:00:00

Dengue claims six more lives -

2024-11-06 00:00:00

Six more deaths were reported from dengue in 24 hours till Tuesday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 326 this year, reports UNB.During the period, 1,370 more patients were hospitalised with the viral...

Eight 'Aynaghor' detention centres detected

2024-11-06 00:00:00

The inquiry commission formed to investigate incidents of enforced disappearances during the Awami League regime eight secret detention centers where detained people were reportedly tortured over the years, reports UNB."Eight secret detention centers more horrific than "Aynaghor" have been detected,"...

Rising seed demand makes potato pricier

YASIR WARDAD | 2024-11-06 00:00:00

Both consumers and farmers have fallen in difficulties amid a surge in potato prices further.The potato price has further increased to Tk 70-75 from Tk 60-65 a kg, battering consumers.Habibur Rahman Molla, a potato and spice trader at Rayerbazar-Beribadh in...

Building multibillion-dollar Bay Terminal takes new nudge

FE REPORT | 2024-11-06 00:00:00

Building the planned multibillion-dollar Bay Terminal in Chattagram takes new nudge in the changed political context as government authorities are set to evaluate progress and set new course of action. Officials have said the ministry of shipping will sit with...

Americans vote: Who will win-Trump or Harris?

2024-11-06 00:00:00

Election Day voting was underway till the filing of the report on Tuesday at 10pm after an extraordinary -- and for many unnerving -- US presidential race, report agencies. Democratic Vice-President Kamala Harris and Republican Donald Trump, the former president,...

WB agrees to lend $400m for bankrolling project

SIDDIQUE ISLAM | 2024-11-06 00:00:00

A latest World Bank financing worth US$400 million is expected for strengthening financial-safety net and crisis preparedness in Bangladesh, officials said about the funding that specially focuses tidying up the banking sector.The money will go for bankrolling the Financial Sector...

Sajek, Khagrachhari reopen to tourists after month-long restriction

2024-11-06 00:00:00

KHAGRACHHARI, Nov 05 (BSS): Tourists can now visit Sajek Valley and Khagrachhari, as the authorities lifted the month-long tourism restriction on these two popular destinations on Tuesday."All tourist centers in the district are now open, with Sajek Valley accessible via...

SOUTHEAST BANK LAUNCHES ONLINE BULLETIN 'TRAINING MONOGRAPH'

2024-11-06 00:00:00

Southeast Bank PLC has launched its pioneering online bulletin, Training Monograph, at a special ceremony held at its Head Office. This digital publication is designed to serve as a platform for knowledge sharing, research, and professional growth across banking sector....

Strong IPR regime crucial to attract global business

FE REPORT | 2024-11-06 00:00:00

Experts at a dialogue on Tuesday emphasised that a strong Intellectual Property Rights (IPR) regime is crucial for Bangladesh to attract global business, drive innovation, and support sustainable economic growth.Protecting IPR in a country boosts investor confidence, promotes technology transfer,...

Power brokers lose their grip on US politics

2024-11-06 00:00:00

NEW YORK, Nov 5 (Reuters Breakingviews): Last month, BlackRock's leader Larry Fink said, opens new tab it "doesn't matter" who wins the US presidential election this Tuesday. He was singing a different tune in 2020, when President Joe Biden won...

How the US election could impact China's markets

2024-11-06 00:00:00

China's currency and equities will bear the brunt of a protectionist shift in the US and are seen trading sensitively to the election's trade and foreign policy implications, reports Reuters.Investors say a win for Donald Trump, particularly if accompanied by...

Major Gulf markets mixed ahead of US election

2024-11-06 00:00:00

Major stock markets in the Gulf were mixed in early trade on Tuesday as investors took a cautious approach ahead of the US presidential election, while Saudi Aramco reported a drop in quarterly earnings, reports Reuters.Donald Trump and Kamala Harris...

India's slowdown is touching the untouchable

2024-11-06 00:00:00

MUMBAI, Nov 5 (Reuters Breakingviews): India's biggest companies no longer offer a rose-tinted window onto the world's fifth-largest economy. Shoppers have been tightening their purse strings, for years. Now the austerity is spreading from the rural poor to the urban...

BARI AND SUPREME SEED COMPANY SIGN MOU

2024-11-06 00:00:00

Bangladesh Agricultural Research Institute (BARI) and Supreme Seed Company Limited signed a Memorandum of Understanding (MoU) on Tuesday. BARI Director (Training and Communication Wing) Dr. Md. Ataur Rahman and Managing Director of Supreme Seed Company A.H.M. Humayun Kabir signed the...

ICSB AND AIUB SIGN MOU

2024-11-06 00:00:00

The Institute of Chartered Secretaries of Bangladesh (ICSB) and American International University - Bangladesh (AIUB) signed a Memorandum of Understanding (MoU) on the AIUB Campus in Dhaka on Monday. Prof. Dr. Saiful Islam, Vice Chancellor of AIUB, and Abul Fazal...

JANATA BANK FOUNDATION COURSE BEGINS ((batch 11/2024))

2024-11-06 00:00:00

Janata Bank Staff College, Dhaka arranged a 30-day foundation course for officers (batch 11/2024) of Janata Bank PLC. Managing Director (CC) of the bank Md Golam Mortuza inaugurated the course recently.

PRAGATI LIFE TEAMS UP WITH GRAMEEN DIGITAL HEALTHCARE

2024-11-06 00:00:00

Pragati Life Insurance Limited has signed a partnership agreement with Grameen Digital Healthcare Solutions (GDHS) to launch an integrated life and health insurance package for users of the Shukhee App. Md Jalalul Azim, Managing Director & CEO of Pragati Life,...

PUBALI BANK LAUNCHES 'ISLAMIC CORNER'

2024-11-06 00:00:00

Pubali Bank, one of the country's leading commercial banks, launched 'Islamic Corners' across its branches nationwide to cater to the growing demand for Shariah-compliant banking services. The inauguration ceremony was held at a well-designed and customer-friendly 'Islamic Corner' at its...

MTB CELEBRATES MILESTONE HELPING FISHING COMMUNITIES

2024-11-06 00:00:00

As a part of the 25th anniversary celebration of Mutual Trust Bank (MTB), MTB Foundation recently distributed livelihood assets grant to a large number of marginalised fishing communities at Bheola Manik Char and Kaiyarbil areas of Chakaria, Cox's Bazar. Materials...

EBL, icddr,b partners in healthcare waste management and safe water access

2024-11-06 00:00:00

Eastern Bank PLC (EBL) and icddr,b have taken a pioneering step in corporate social responsibility by investing in healthcare waste management and addressing water scarcity in coastal areas. The partnership was formalised with the signing of an agreement at the...

NBR lifts airfare excise duty, VAT for hajj pilgrims

2024-11-06 00:00:00

The National Board of Revenue (NBR) has withdrawn the excise duty on inbound and outbound airfare for Hajj pilgrims, as well as the value-added tax (VAT) on three types of service charges, in a bid to reduce overall Hajj expenses,...

Brands, buyers will have to 'help entrepreneurs'

2024-11-06 00:00:00

Distinguished Fellow of the Centre for Policy Dialogue (CPD) Prof Mustafizur Rahman has said his proposition will be that brands and buyers will have to help entrepreneurs in terms of technology transfer, labour compliance, and other standards, reports UNB."I think...

Kohinoor Chemicals earns record profit, declares highest-ever dividends

FE REPORT | 2024-11-06 00:00:00

Kohinoor Chemicals reported a 35 per cent year-on-year growth in profit to Tk 509 million in FY24, the highest since its listing in the stock market.The oldest soap, cosmetics & toiletries manufacturer's earnings per share (EPS) jumped to Tk 15.12...

Govt securities boost 20 banks' performance in Jan-Sept

BABUL BARMAN | 2024-11-06 00:00:00

Most of the listed banks secured a double-digit profit growth year-on-year in the nine months through September this year, driven by substantial income from investments in government securities.The net interest income, the core source of income for banks, was not...