FE REPORT | 2024-06-02 00:00:00
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has called for several government measures to help the industry reach its $100 billion export target by 2030. The measures include a reduction in source tax to 0.50 per cent, continuation of...
Saied Mahmud Zubayer, head of issue marketing, promotion and debt market development, Dhaka Stock Exchange, has been appointed as a member of the Global Council of CGIA Institute, USA for three years.The CGIA Institute is a globally recognised professional organisation...
A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially...
Prime Bank conducted its 29th Annual General Meeting (AGM) on Thursday (May 30, 2024), attended by 312 registered shareholders. Shareholders passed all (six) ordinary resolutions presented for their approval, which included a 17.5 per cent cash dividend for 2023 and...
BRAC Bank has promoted its offshore banking deposit product 'Bondhon' among expatriate Bangladeshis in New York. At the Offshore Banking Fixed Deposit Outreach Program in New York City on May 24, Selim R. F. Hussain, managing director and CEO of...
MOHAMMAD MUFAZZAL | 2024-06-02 00:00:00
Mutual Funds (MFs) will hardly be able to recommend any dividend for FY24 as they have failed to gain any profit in the year up until now out of the gloomy market. To minimise investment risks, fund managers tend to...
Various universities, foundations, and organisations provide guidelines on the standards of diplomatic language and etiquette. For example, California State University, Pace University (New York), Azerbaijan University, and the Diplo-Foundation have all clarified this issue. Those who have written about diplomatic...
Writing the generic name of drugs in prescriptions has been customary in many developed countries for a long time. In India, it is compulsory for physicians to prescribe medicines by generic names rather than by brand names. However, no legal...
Atiqul Kabir Tuhin | 2024-06-02 00:00:00
The once majestic Gulshan-Baridhara Lake, sprawling over the diplomatic VIP area of Dhaka, has already lost its distinctive postcard attractiveness and is slowly but steadily decaying due to a two-pronged attack of pollution and encroachment. Over two decades ago, in...
Asjadul Kibria | 2024-06-02 00:00:00
When inflation overtakes growth, an economy generally comes under severe pressure. If unemployment also starts to rise, the economy moves toward stagflation. Theoretically, stagflation is the simultaneous appearance of slow growth, high unemployment, and increasing prices. Every country wants to...
The results of the latest survey jointly carried out by the Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, and the Policy Exchange Bangladesh (PEB) on the country's prevailing business climate are disconcerting. Business Climate, according to the survey, in...
Sayera Younus, Nurun Nahar Sultana, Md Abdul Karim, and Ripon Roy | 2024-06-02 00:00:00
Bangladesh Bank prioritises maintaining price stability as its primary goal. It is crucial for the development of monetary policy to observe and comprehend the root causes of fluctuations in consumer prices and wage levels. Bangladesh Bureau of Statistics (BBS) publishes...
ANINDETA CHOWDHURY | 2024-06-02 00:00:00
While growing up, almost all of us have written an ‘aim in my life’ essay. If not that, then the burning question of ‘what do you want to become in future?’ could not be escaped at all. Till we have...
TAHSEEN NOWER PRACHI | 2024-06-02 00:00:00
‘Career’ is a word that just sounds fancy to youngstars and a word that scares the freshly ‘out in the market’ youth. Today, the word holds more freight and anxious anticipation than ever for the vast and ever-evolving landscape in...
KHALID SAIFULLAH KHAN | 2024-06-02 00:00:00
Nowadays, studying abroad has become a popular choice for various reasons, be it the desire to thrive in a more competitive environment, be it succeeding in life with all the possible opportunities, or be it simply for a modern, tech-savvy,...
Joharin is the two-year old daughter of Reza and Khadija. She just loves to watch cartoons on smartphone. Whenever the baby cries, her parents immediately hand over their smartphone to her and it works like magic. Joharin stops crying as...
Foreign Minister Dr Hasan Mahmud has reaffirmed Bangladesh's steadfast support for UN peacekeeping missions in the coming days, reports BSS.He expressed this view while attending a joint reception by Bangladesh and Austria at the United Nations headquarters in New York...
FE REPORT | 2024-06-01 12:00:00
Some banks, including Janata, have lost their capability to disburse fresh loans as laid-out loans are not coming back to the lenders, according to Janata Bank chairman Prof Dr SM Mahfuzur Rahman.Instead of disbursing any fresh loan, they would rather...
Syed Mansur Hashim | 2024-06-01 12:00:00
For years, policymakers have touted the youthful population of Bangladesh as a lucrative bait for attracting foreign direct investment (FDI). That would certainly have worked had Bangladesh done something other than use that data as a slogan. For decades, economists...
Palestinians check the site of an Israeli strike on a vehicle in the central Gaza Strip on Friday, amid continuing battles between Israel and the Hamas. — AFP
NEW DELHI, May 31 (Agencies): An Indian court has urged the government to declare a national emergency over the country's ongoing heat-wave, saying that hundreds of people had died during weeks of extreme weather.India is enduring a crushing heat-wave with...
A Dhaka court on Friday placed three persons, accused in a case lodged over the murder of AL lawmaker of Jenaidah-4 Anwarul Azim Anar, on a five-day fresh remand.The three accused are Tanvir Bhuiyan, Shimul Bhuiyan and Silisti Rahman, reports...
The government has increased the prices of diesel, kerosene, petrol and octane adjusting the prices with the global market, reports BSS.The government increased the fuel prices due to devaluation of Taka against US dollar and the new prices will come...
OUR CORRESPONDENT | 2024-06-01 00:00:00
CHATTOGRAM, May 31: Special train service on the Chattogram-Cox's Bazar route will resume operation before Eid-ul-Azha.Presently, the service on the route remains stopped for a shortage of engines.Saiful Islam, Chattogram divisional manager of the Bangladesh Railway (BR), made the disclosure...
FE REPORT | 2024-06-01 00:00:00
The government will buy one more LNG (liquefied natural gas) cargo from the international spot market for June delivery, according to a senior Petrobangla official.The Rupantarita Prakritik Gas Company Ltd (RPGCL) floated a tender on May 28 to purchase the...
The flood situation in Sylhet, triggered by incessant rain and the onrush of water from upstream, has improved slightly but 533,000 people in seven Upazilas are still marooned by floodwater, according to the district administration, reports bdnews24.com."We are keeping an...
FE REPORT | 2024-06-01 00:00:00
Prices of potato, vegetables, egg, onion and some other commodities surged in the past week, subsequent to the havoc wreaked by Cyclone Remal that hit Bangladesh on May 26 and 27.The agriculture ministry's initial report indicates that nearly 0.18 million...
SINGAPORE, May 31 (Reuters): Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift...
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