FE REPORT | 2024-06-04 00:00:00
The state-owned Titas Gas Transmission & Distribution Company's fixed assets climbed more than five times to Tk 48.63 billion after a revaluation of its property, plant and equipment, done for the first time in six decades.A significant jump in the...
LONDON, June 3 (Reuters): Oil prices edged lower on Monday as investors digested the complex deal brokered by producer group OPEC+ to extend various layers of output cuts, much of them into 2025.Brent crude futures for August delivery were down...
Uttara Motors, the sole importer, manufacturer, and distributor of SML ISUZU commercial vehicles in Bangladesh, has launched two new models, namely SML ISUZU Executive LX AC Bus and S7 Non-AC Bus, for local market. Sheikh Md. Mahbub-E-Rabbani, Director (Road Safety),...
AB Bank has recently relocated its Momin Road Branch to CDPL-JM Levante, Jamal Khan Road, Chattogram. Tarique Afzal, Managing Director of AB Bank, formally inaugurated the new premises with all modern banking facilities. Officials of the bank were present on...
Jamuna Bank PLC steps into its 24th year, celebrating its commitment to modern and innovative banking services, risk-free investments, and economic stability. The anniversary was marked with a grand ceremony at the bank's corporate office on Monday. On this occasion,...
TAIPEI, June 03 (AFP): AMD on Monday announced its new artificial intelligence chips for everything from cutting-edge data centres to advanced laptops, ramping up its challenge to the runaway market leader Nvidia.Demand has exploded in the past two years for...
The Bangladesh Bank has granted the final licence to Nagad Digital Bank PLC, paving the way for commencing its operations as the country's first full-fledged digital bank. Mohammad Shahriar Siddiqui, director (BRPD) of Bangladesh Bank, handed over the copy of...
FE REPORT | 2024-06-04 00:00:00
Bangladesh Jeweller's Association (Bajus) revealed Monday that gold and diamond valued at Tk 2.5 billion are being smuggled into Bangladesh daily. Bajus disclosed this during a pre-budget press conference at their office in Dhaka's Bashundhara City Shopping Complex.The association also...
JASHORE, June 03 (UNB): A 38-year-old woman died in police custody at Abhaynagar upazila in Jashore district on Sunday.Deceased Afroza Begum's family claimed she was tortured and killed after being falsely implicated.Afroza was the wife of Jalil Molla from North...
CHATTOGRAM, June 03 (UNB): A 15-year-old schoolboy who was beaten allegedly by his neighbours in Boalkhali upazila of Chattogram died at CMCH on Sunday night.The deceased was identified as Md. Arif, a tenth grader, and son of Md. Zakir Hossain...
OUR CORRESPONDENT | 2024-06-04 00:00:00
SYLHET, June 03: Incessant rainfall on Sunday night and next morning caused inundation in Sylhet city and adjoining areas inflicting untold sufferings on the local residents. The downpour left a significant number of dwelling houses and the MAG Osmani Medical...
Narayanganj, a well-known historic city and district within the Dhaka division, is rich in trade, industry, history, and legacy. Known as the "Dundee of the East", Narayanganj is situated on the banks of the Shitalakshya River. This district lies southeast...
Let's walk with them. Who are they? They are the softest part of our society. They are beautiful, fragrant, and soft like flowers. They spread serenity and the fragrance of life. If we extend a helping hand to them, they...
Syed Fattahul Alim | 2024-06-04 00:00:00
How much devastation cyclone Remal has caused to life and property in Bangladesh will take some more time before it is fully comprehended and estimated. So far, as could be learnt, around 4.59 million people have been affected and some...
Zahid Huq | 2024-06-04 00:00:00
Last Friday, the outgoing passenger terminal of the Hazrat Shahjalal International Airport had turned into a sea of Malaysia-bound jobseekers. Hundreds of them carrying valid visas and no-objection certificates from appropriate government authorities thronged the airport but failed to fly...
While addressing the 2nd Dhaka Renewable Energy Financing Talk organised by Change Initiative at a venue in the city, Saber Hossain Chowdhury, Environment, Forest and Climate Change Minister, claimed that if the country's irrigation pumps can shift to solar power...
Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Towfiqul Islam Khan, Muntaseer Kamal, and Syed Yusuf Saadat | 2024-06-04 00:00:00
Bangladesh economy is currently under significant strain due to several ongoing challenges. While external factors such as the Covid-19 pandemic and the Ukraine war have left their mark, persistent domestic issues—such as policy weaknesses, poor governance, and failure to implement...
Imran acquitted of leaking state secretsISLAMABAD, June 03: A Pakistan high court on Monday overturned a treason conviction against former prime minister Imran Khan, who remains in jail on other charges. The decision by a two member bench at Islamabad...
NEW DELHI, June 03 (BBC): More than 50 people have died in India over the past three days as a brutal heat spell continues to grip parts of the country. Around 33 people died in the northern state of Uttar...
NEW YORK, June 03 (BBC): With the strike of a judge's gavel in Delaware, Hunter Biden, the son of Joe Biden, will become the first child of a sitting president to be a criminal defendant.Prosecutors allege that the younger Biden,...
MEXICO CITY, June 03 (BBC): Claudia Sheinbaum has been elected as Mexico's first woman president in an historic landslide win. That gives her a lead of about 30 percentage points over her main rival, businesswoman Xóchitl Gálvez.Mexico's official electoral authority...
GENEVA, June 03 (AFP): Some 55 percent of all structures in the Gaza Strip have been destroyed, damaged or possibly damaged since war erupted in the Palestinian territory eight months ago, according to preliminary satellite analysis by the UN.The analysis...
YASIR WARDAD | 2024-06-03 12:00:00
While a possible record maize harvest has led to a decline in maize prices this year during peak harvesting season, small livestock, fisheries and poultry farms are seeing minimal benefit as feed costs remain high.Farmers and seasonal traders in the...
SYFUL ISLAM | 2024-06-03 12:00:00
Hopes underpin new budget outlook as the government eyes a boost in Bangladeshi goods on the international market in the upcoming fiscal year on gradual global economic rebound.Also, as the economic conditions in major economies like Euro Zone and the...
Syed Fattahul Alim | 2024-06-03 12:00:00
Worries over falling foreign exchange reserves have been forcing many countries to look for alternatives to US dollar (USD) as reserve currency. Bangladesh, for instance, is concerned as its foreign exchange reserves position has been falling persistently since it reached...
CHATTOGRAM, June 02 (UNB): A court here on Sunday sentenced e-commerce platform Evaly's Chairman Shamima Nasrin and CEO Mohammad Rassel, to one year of imprisonment each in a cheque dishonour case.The court also fined them Tk180, 000.Judge Md Mohiuddin of...
FE REPORT | 2024-06-03 00:00:00
Bank lending to the private sector grew by 9.9 per cent in April this year, a decline from the 11.28 per cent growth in the same period of the previous year, according to Bangladesh Bank. In March 2024, the private...
GENEVA, June 2 (AFP: World Health Organization members on Saturday extended negotiations on a landmark global agreement on handling future pandemics for up to a year, as the WHO chief warned that the next crisis was just a matter of...
Commercial cattle farmers in Dhaka are readying their cows for Eid-ul-Azha, the second biggest Muslim festival. The photo was taken on Sunday from Basila of Dhaka's Mohammadpur area. — FE Photo
Our Correspondent | 2024-06-03 00:00:00
CHATTOGRAM, June 02: An incident of 149 bhori gold ornaments worth around Tk15 million getting stolen from a locker of Islami Bank's Chawkbazar Branch in Chattogram has come to light.The incident that occurred presumably on Wednesday last was disclosed on...
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