MUMBAI, July 5 (Reuters): India's cut and polished diamond exports have been faltering due to weak demand from the key market, China, and they are unlikely to stabilize unless the government provides support to the industry, the head of a...
LONDON, July 5 (AFP): Britain's new Labour government has pledged immediate action to grow the economy after clinching a landslide election victory to oust the Conservatives, but its task could be hampered by strained state finances following huge Covid expenditures.The...
S. Alam & Co., one of the leading industrial groups of the country, has joined hands with the government for sugarcane production and modernization of sugar mills in Bangladesh to make the sugar industry profitable, reports UNB.These projects will be...
Ummay Shahera Anika | 2024-07-06 00:00:00
Trademarks help make money for an owner or business. Nowadays, it is more beneficial for businesses. The Internet helps quickly promote a worldwide logo, brand, tagline or symbol.Intellectual property or IP is an asset that comes to mind. It is...
FRANKFURT, Germany, July 5 (AFP): German industrial production unexpectedly fell in May, official data showed Friday, fuelling concerns that a tentative recovery in Europe's largest but beleaguered economy is losing steam.Output dropped 2.5 percent month-on-month, federal statistics agency Destatis said,...
Hungary, which took over the EU's rotating presidency this week, on Friday said it would not pay a multi-million-euro fine imposed by the bloc's top court for violating asylum rules.In June, the European Court of Justice fined Hungary 200 million...
SAIF UDDIN | 2024-07-06 00:00:00
Asian Paints is looking to further strengthen its position in the Bangladesh market by providing the best quality products and services, as the paint maker sees the local economy as having high potential.Strong research and development, along with Asian Paints'...
NAZIMUDDIN SHYAMOL | 2024-07-06 00:00:00
CHATTOGRAM, July 05: The Customs House, Chattogram (CHC), largest revenue collection centre in Bangladesh, collected a total of Tk688.66 billion (Tk 68,866 crore) revenue in the last fiscal year (FY)2023-24.The CCH collected Tk74.02 billion (Tk 7,402 crore) more revenue in...
The market system in Bangladesh is a constant source of frustration for many, as prices often increase with no clear explanation. Unscrupulous traders exploit situations like transportation issues, low supply, or religious festivals to destabilise the market.Despite frequent calls for...
The ongoing gas crisis, now spanning a month, poses a significant challenge and inconvenience for household, commercial, and industrial users. Refuelling vehicles with CNG is consuming 3-4 hours daily due to low pressure, which is especially burdensome for those who...
Tanim Asjad | 2024-07-06 00:00:00
It was long overdue. The service should have been introduced much earlier. Lack of long-term vision was the main obstacle to go ahead. Though many people suggested taking the initiative, the authorities were indifferent. Finally, the government has taken a...
Recently, different parts of the world have been witnessing heatwaves marked by record-breaking temperatures. Worse, the condition is lingering on indefinitely. Climatologists blame it on global warming, a symptom of climate for which human actions have a big role to...
Abdur Zabbar Sakil and Md Tuhin Ahmed | 2024-07-06 00:00:00
There is no denying that maintaining Bangladesh's macroeconomic stability and achieving its development goals requires consistent and uninterrupted energy supply. Bangladesh's energy landscape is predominantly shaped by fossil fuels, with natural gas including Liquefied Natural Gas (LNG), coal, and oil...
FAO Representative in Bangladesh Jiaoqun Shi on Thursday said FAO Bangladesh has taken many steps to promote jackfruit since the launch of One Country One Priority Product (OCOP) initiative last year, including the formation of OCOP national taskforce, reports UNB."We...
FE REPORT | 2024-07-05 00:00:00
A Dhaka court on Thursday ordered the attachment of a nine-storey house, two flats and three commercial spaces owned by Mohammad Enamul Haque, commissioner of the Customs Valuation and Internal Audit Department.Dhaka Metropolitan Sessions Judge As-Sams Jaglul Hossain issued this...
FE REPORT | 2024-07-05 00:00:00
The expatriates' welfare ministry has asked recruitment agencies to return money within 15 days to the aspirant workers who failed to go to Malaysia.State Minister for Expatriates' Welfare and Overseas Employment Shofiqur Rahman Chowdhury said this on Thursday while addressing...
FE REPORT | 2024-07-05 00:00:00
A Dhaka court on Thursday, granting a petition filed by the Anti-Corruption Commission (ACC), ordered attachment of 1,017-decimal land and four flats owned by Matiur Rahman, former member (Customs and Excise) of the National Board of Revenue, and two of...
FE REPORT | 2024-07-05 00:00:00
The country's apparel exports to the United States, its largest destination, sustained a double-digit decline in the first five months of 2024, reaching $2.90 billion. Data released by the Office of Textiles and Apparel (OTEXA) under the US Department of...
FE REPORT | 2024-07-05 00:00:00
Public university teachers and employees, including Dhaka University (DU), observed work abstention for the 4th consecutive day on Thursday demanding their exclusion from the "Prottoy" scheme under the Universal Pension Scheme.As a result, all the activities of DU, including classed...
Flooding north and northwestern regions may deteriorate in the north and northwest while the situation will be stable in the northeastern Sylhet region, the Flood Forecasting and Warning Centre has said.Except the Kushiyara, the water level of other major rivers...
FE REPORT | 2024-07-05 00:00:00
Public university students in their thousands across the country erupted into a storm of protests against the reinstatement of quota for freedom fighters in government jobs on Thursday.Students from Dhaka University (DU), Jahangirnagar University (JU), Rajshahi University (RU), Chattogram University...
FE REPORT | 2024-07-05 00:00:00
Dhaka will seek Beijing's assistance to implement seven power and energy projects involving an estimated $1.0 billion during the prime minister's forthcoming visit.State minister for power, energy and mineral resources Nasrul Hamid said this to the media on Thursday.Of the...
JASIM UDDIN HAROON | 2024-07-05 00:00:00
A major correction in miscalculated export data is now set to down-rate Bangladesh's gross national income and per-capita GNI in a major upset.Bangladesh Bank sources Wednesday told The Financial Express that a committee formed to investigate EPB data found a...
LONDON, July 04 (AFP): Three large-scale surveys indicated Labour was on the brink of a record victory, with the Tories set for their worst-ever result and the centrist Liberal Democrats resurgent in third.YouGov, Focaldata and More in Common all projected...
FE REPORT | 2024-07-05 00:00:00
Chinese Ambassador to Bangladesh Yao Wen said China is ready to collaborate with India on the Teesta River restoration project, if that is what Bangladesh wants.Asked about China's response to Bangladesh's possible desire for joint collaboration with both China and...
DOULOT AKTER MALA | 2024-07-05 00:00:00
Absence of scrutiny of data-inputs accuracy in government entities results in the downsizing of export earnings and may upset Bangladesh's trade rankings.Economists call it 'macroeconomic data shock' that might impact trade deficit, country ranking on export, and current-account balance among...
FE REPORT | 2024-07-05 00:00:00
The government has decided to squeeze certain spending under both new operating and development budgets at the very outset of the new financial year, in line with its ongoing belt-tightening measures.Never before the government resorted to such a move only...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Rajshahi, Dhaka, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the...
The Parliamentary Standing Committee on the Ministry of Education on Thursday recommended taking effective steps to bring the private universities under the purview of accountability and transparency, reports BSS.The parliamentary committee made the recommendation at its 4th meeting at the...
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