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BB throws NBR, EPB under the bus for export data mismatch

2024-07-07 00:00:00

Bangladesh Bank (BB) in an explanation of its actions erasing billions of dollars from the country's export earnings account has said the National Board of Revenue (NBR) and the Export Promotion Bureau (EPB) are responsible for duplication in export data.As...

BTMA demands cash incentives at previous rates

2024-07-07 00:00:00

FE Report Bangladesh Textile Mills Association (BTMA) on Saturday demanded putting the government-provided benefits for the country's textile industry back into effect as the basis for slashing it by a half was not appropriate.The trade body alleged that the incentive...

Be prepared for going to moon

2024-07-07 00:00:00

TUNGIPARA, Gopalganj, July 06 (BSS): Prime Minister Sheikh Hasina today called upon the children to take preparation from now on to make them worthy as they can go to the moon in future."We will go to the moon one day....

E-commerce spending with cards falls in April

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

Consumers spent 7.45 per cent less on e-commerce purchases using cards in April compared to March, according to Bangladesh Bank data, as entrepreneurs blame the persistent dollar crisis and stubbornly high inflation for hurting growth.In April, total e-commerce spending through...

Briefing 2024-07-07

2024-07-07 00:00:00

Bank sector feeling the heat of bad image painted by a few It is worrisome that 15 out of 36 listed banks are trading below the face value of Tk 10 per share but what is more troubling is that...

2.0m in 15 dists affected by flood

2024-07-07 00:00:00

Around 2.0 million (20 lakh) of people in 15 districts were affected by the ongoing flood caused by torrential rains and onrush of upstream water, said State Minister for Disaster Management and Relief Md Mohibur Rahman on Saturday, reports UNB.Sylhet,...

Benazir's Tk 100m Rupganj duplex house attached

2024-07-07 00:00:00

The government has taken over the luxurious duplex house of former Inspector General of Police (IGP) Benazir Ahmed in Rupganj upazila of Narayanganj, reports UNB. A team comprising Narayanganj district administration and the Anti-Corruption Commission's Narayanganj Integrated Office attached the...

China's Mongla seaport dev project stalls

SYFUL ISLAM | 2024-07-07 00:00:00

Months have elapsed since a multimillion-dollar Chinese investment project for upgrading Mongla seaport got approval from Bangladesh's highest economic body but it couldn't make any headway for 're-evaluation' dilemmas, sources said.Under the 'Expansion and Development of Mongla Port Facilities' project...

Students enforce blockade today

DU CORRESPONDENT | 2024-07-07 00:00:00

University students and job seekers block Shahbagh intersection in Dhaka on Saturday, protesting the reinstatement of the quota system in public recruitment. The demonstration caused traffic disruption in the area. The protesters later dispersed in the afternoon, announcing a larger...

Large-scale industry throughput marks slow pickup

JASIM UDDIN HAROON | 2024-07-07 00:00:00

Throughput in large-scale manufacturing industries edges up, with a 6.4-percent growth measured in March, in signs of a modest pickup in economic activity. Such slow start of a rebound is reflected in the data released by the Bangladesh Bureau of...

Light rain likely today....

2024-07-07 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Rajshahi, Mymensingh, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Sunday), according to the Met...

News in brife--

2024-07-07 00:00:00

Unidentified man crushed under train in city An unidentified man was crushed under the wheels of a train in Battala Kasaibari level crossing in the Airport area of the capital on Friday night. Sanu Mong Marma, assistant sub-inspector of Dhaka...

Daily Observer Editor Iqbal Sobhan Chowdhury, North South University

2024-07-07 00:00:00

Daily Observer Editor Iqbal Sobhan Chowdhury, North South University (NSU) Board of Trustees Chairman Javed Muneer Ahmad, NSU Board of Trustees Member Seema Ahmad, NSU Treasurer and Pro Vice-Chancellor (In Charge) Professor Abdur Rob Khan and others pose with newly-enrolled...

Nine-day Ratha Yatra festival begins today

2024-07-07 00:00:00

A nine-day Ratha Yatra, the chariot festival of Sri Jagannath Dev which is one of the major festivals of the Hindu community, will begin today (Saturday), reports BSS.According to Hindu calendar, the festival begins on Dwitiya Tithi of Shukla Paksha...

Arafat urges all concerned in film industry to take strong stance against propagandists

2024-07-07 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat on Saturday urged all concerned including artistes in the film industry as well as civil society and creative industry members to take stance against those who are spreading "falsehood and misinformation"...

'People to get mango, jackfruit in 365 days'

2024-07-07 00:00:00

Agriculture Secretary Wahida Akter on Saturday said people will get mangos and jackfruits round the year, as the government continuously works for introducing new types of fruits and other agro crops in the country, reports BSS."The government under the dynamic...

President urges PGR to embrace latest IT skills

2024-07-07 00:00:00

President Mohammed Shahabuddin emphasised the need for the President Guard Regiment (PGR) to enhance their knowledge and skills in the latest information technology, addressing the regiment during its 49th founding anniversary at the PGR headquarters in Dhaka Cantonment on Saturday,...

Prime Minister Sheikh Hasina, accompanied by children, going round the 'Bangabandhu Corner

2024-07-07 00:00:00

Prime Minister Sheikh Hasina, accompanied by children, going round the 'Bangabandhu Corner' after its inauguration at Gimadanga Tungipara Government Model Primary School in Gopalganj district on Saturday — PID photo

Canal recovery drive begins next month: Taposh

2024-07-07 00:00:00

FE REPORTMayor Sheikh Fazle Noor Taposh said on Saturday that following the demarcation of Jirani, Manda, Shyampur and Kalungar canals in the capital, their recovery drives will start in August.The Dhaka South City Corporation (DSCC) took over the canals from...

PM offers prayers at Bangabandhu's mausoleum in Tungipara

2024-07-07 00:00:00

TUNGIPARA, Gopalganj, July 06 (BSS): Prime Minister (PM) Sheikh Hasina on Saturday offered prayers at the mausoleum of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Tungipara in Gopalganj district.She also offered Fateha and joined a munajat there Saturday...

Internal party politics behind MP Anwarul Azim's killing, believes daughter

2024-07-07 00:00:00

Daughter of slain Jhenaidah-4 MP Anwarul Azim alias Anar, who was brutally murdered in Kolkata, on Saturday said her father was murdered for political reasons, hinting at internal party conflicts, reports UNB.Anar's daughter Muntarin Ferdous Dorin came up with the...

None of the corrupt under scrutiny now to face punishment: GM Quader

2024-07-07 00:00:00

GAZIPUR, Jul 6 (UNB): Jatiya Party Chairman and leader of the opposition GM Quader on Saturday predicted the corrupt people currently under scrutiny would get away with their crimes, saying that none of them will face any punishment."We've seen this...

Observing teachers, students' movements with great concern: Fakhrul

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

Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir on Saturday said that their party was observing the ongoing movements by the public university teachers and students with a great concern. Their party has extended support to the teachers'...

BNP congratulates new UK premier Keir Starmer

2024-07-07 00:00:00

The BNP has congratulated Labour Party leader Keir Starmer on his party's resounding victory in the UK election and his election as the Prime Minister of the country, reports UNB.Speaking at a press conference at the BNP Chairperson's Gulshan office,...

India is political friend while China development friend: Quader

2024-07-07 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Saturday said India is a political friend of Bangladesh while China has contributed a lot to the country as a development partner, reports BSS.Noting that Bangladesh...

India's June palm oil imports rise to 6-month high on lower prices

2024-07-07 00:00:00

MUMBAI, July 6 (Reuters): India's palm oil imports rose by 3 per cent in June from the previous month to reach the highest level in six months on robust demand from refiners for upcoming festivals and as the oil traded...

STANDARD BANK HOLDS 'EMPLOYEES CONFERENCE' IN KHULNA-

2024-07-07 00:00:00

STANDARD BANK HOLDS 'EMPLOYEES CONFERENCE' IN KHULNAShari'ah-based Standard Bank PLC organised 'Employees Conference 2024' of Khulna region at Ava Centre in Khulna on Saturday with the participation of all levels of executives and officials of branches and regional offices of...

Sadharan Bima's authorised, paid-up capital raised

2024-07-07 00:00:00

The government has raised the authorised capital of Sadharan Bima Corporation to Tk 15 billion (Tk 1,500 crore) from the existing Tk 10 billion (Tk 1,000 crore) as per Insurance Corporation Act, 2019, says a press release of the corporation....

CITIZENS BANK CELEBRATES 2ND ANNIVERSARY-

2024-07-07 00:00:00

CITIZENS BANK CELEBRATES 2ND ANNIVERSARYCitizens Bank PLC has celebrated the 2nd anniversary of its commercial operations recently. Towfika Aftab, Chairperson of the Board of Directors, and Anisul Huq, MP, Sponsor-Shareholder, were present at the event. Among others, Sk. Md. Iftekharul...

DCCI focuses on R&D to produce skilled grads

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

The Dhaka Chamber of Commerce and Industry (DCCI) has suggested that universities prioritise research and development to produce skilled and industry-smart graduates to meet today's market demand.The trade body made the observations at a roundtable styled 'Strengthening Collaboration between the...