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NBR's July-August collection falls by Tk 48.70b

2023-09-22 00:00:00

The National Board of Revenue (NBR) reported a shortfall of Tk 48.70 billion (4870 crore) in the July-August revenue collection of the current fiscal year, according to the government agency, reports UNB.According to NBR, the revenue collection in July-August stood...

IMF shows how macroeconomic model works for Bangladesh

FE REPORT | 2023-09-22 00:00:00

The International Monetary Fund (IMF) technical team showed on Thursday how a macroeconomic model that they have proposed for Bangladesh works.The members of the team made a presentation on the model at their concluding meeting with Bangladesh Bank governor Abdur...

Matarbari channel goes under CPA

OUR CORRESPONDENT | 2023-09-22 00:00:00

CHATTOGRAM, Sept 21: The navigation channel of Matarbari deep-sea port under Moheshkhali upazila of Cox's Bazar has gone under the control of the Chattogram Port Authority (CPA).The state-run Coal Power Generation Company Bangladesh Ltd (CPGCBL) handed over the charge of...

Strong private sector crucial for growth of Bangladesh

FE REPORT | 2023-09-22 00:00:00

The new USAID Mission Director in Bangladesh, Reed Aeschliman, on Thursday underscored the need for a stronger private sector to accelerate the economic growth of Bangladesh, saying that the agency is committed to supporting this effort.In an interaction with a...

Eight more die with 2,889 new cases

2023-09-22 00:00:00

Eight more deaths were reported from dengue in 24 hours till Thursday morning, raising the fatalities from the mosquito-borne disease in Bangladesh to 875 this year, reports UNB.During the period, 2,889 more patients were hospitalised with the viral fever, according...

Major economies must be honest about climate finance: PM

2023-09-22 00:00:00

NEW YORK, Sept 20 (UNB): Prime Minister Sheikh Hasina on Wednesday alleged that Climate Vulnerable Forum's repeated calls for an equal distribution of climate finance between adaptation and mitigation have received little response."The Adaptation Fund needs to live up to...

RHD inspects 5,188 bridges in 23yrs

MUNIMA SULTANA | 2023-09-22 00:00:00

It was nearly a Herculean task for the Roads and Highways Department (RHD). The government agency, responsible for the construction and maintenance of highways and bridges across Bangladesh, recently completed the inspection of 5,188 bridges, flagging 184 of them as...

Briefing 2023-09-22

2023-09-22 00:00:00

Prayer Timings (2023-09-22)

2023-09-22 00:00:00

Govt allows import of 60m more eggs

FE REPORT | 2023-09-22 00:00:00

In a bid to tame the overheated market, the government on Thursday allowed six more companies to import 60 million eggs in addition to 40 million permitted earlier.The companies are BDS Corporation, SM Corporation, M/S Ripa Enterprise, Popular Trade Syndicate,...

RPGCL reissues tender for one spot LNG cargo

M AZIZUR RAHMAN | 2023-09-22 00:00:00

With the previous one cancelled due to a high price quotation, state-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has floated the tender again to purchase one spot LNG cargo for delivery to the Moheshkhali floating storage and re-gasification unit (FSRU)...

Now BB opens crisis resolution consultation

FE REPORT | 2023-09-22 00:00:00

Bangladesh Bank opens consultation with economists, think-tanks, business bodies and professional groups on how to manage inexorable inflation and persisting macroeconomic stress-two cardinal concerns of the day.As part of the crisis-resolution initiative, BB governor Abdur Rouf Talukder Thursday sat for...

Imports on incremental fall under belt-tightening

FE REPORT | 2023-09-22 00:00:00

Imports show an incremental fall under belt-tightening recipe the government has adopted amid dollar dearth, with the July-August turnover recording an 18-percent contraction.Economists and businesspeople say lower-than-necessary imports have downstream economic implications, as the supply chains get into volatility for...

Dhaka signs treaty for sustainable use of marine resources

2023-09-22 00:00:00

NEW YORK, Sept 21 (UNB): Bangladesh has signed the Marine Biodiversity of Areas Beyond National Jurisdiction (BBNJ) , also known as "Treaty of the High Seas", to protect and use marine resources in a sustainable way.Prime Minister Sheikh Hasina signed...

Weather (2023-09-22)

2023-09-22 00:00:00

Light to moderate rain/ thunder showers accompanied by temporary gusty wind is likely to occur at most places over over the country in the next 24 hours from 06:00 am today (Friday), according to the Met Office. The highest temperature...

2nd international conference on 'Information and Communication Technology for Sustainable Development'

2023-09-22 00:00:00

Bangladesh University of Professionals (BUP) Vice Chancellor Major General Md Mahbub-ul Alam, Professor Dr Kamal Zuhairi bin Zamli, Deputy Vice Chancellor, University of Malaysia Pahang, Kamal Quadir, CEO of bKash Ltd, Yasir Azman, CEO, Grameenphone Ltd, Dr Mohammad Abdur Razzaque,...

Air Chief leaves for UAE on official visit

2023-09-22 00:00:00

Chief of Air Staff of Bangladesh Air Force Air Chief Marshal Shaikh Abdul Hannan left Dhaka for the United Arab Emirates (UAE) on Thursday on an official visit, reports UNB.During the period, the Air Chief will visit AAL Group MRO...

Election schedule for JU senate-teachers' reps announced

JU CORRESPONDENT | 2023-09-22 00:00:00

The Jahangirnagar University (JU) administration has finally announced the schedule for the election of teachers' representatives in the Senate, the highest policy-making forum of the university. The announcement was conveyed in a circular signed by Abu Hasan, the Acting Registrar...

PM vows to attain SDGs overcoming challenges

2023-09-22 00:00:00

NEW YORK, Sept 21 (UNB): Prime Minister Sheikh Hasina has reiterated her pledge to attain the Sustainable Development Goals (SDGs), including the SDG-3 which is related to 'Good Health and Well-being". "We're committed to achieving the SDGs....despite the challenges steaming...

US ready to help hold free, fair polls: Haas

FE REPORT | 2023-09-22 00:00:00

A six-member pre-election assessment mission (PEAM) of the US will visit Bangladesh on October 7-13.At the conclusion of its visit, the delegation will issue a public statement, highlighting positive trends as well as areas of concern and offering practical recommendations,...

No alternative to Hasina for country's dev: Shahab Uddin

2023-09-22 00:00:00

MOULVIBAZAR, Sept 21 (BSS): Environment, Forest and Climate Change Minister Md Shahab Uddin today urged the people to vote for the ruling Awami League again in the next general elections to bring Prime Minister Sheikh Hasina to power."There is no...

BNP extends 15-day prog by 2 days

2023-09-22 00:00:00

BNP has decided to extend its 15-day programme by an additional 2 days until October 5. BNP Secretary General Mirza Fakhrul Islam Alamgir announced the decision of the party's standing committee at a press conference at BNP Chairperson's Gulshan office...

New CJ to take oath Sept 26

2023-09-22 00:00:00

Justice Obaidul Hassan, who was appointed as the 24th Chief Justice of Bangladesh, will take oath on September 26, reports UNB.President Mohammed Shahabuddin will administer the oath at the Darbar Hall of Bangabhaban at 11am.A notification signed by The Supreme...

EU won't send full-fledged election observation team for budget constraint, says EC

2023-09-22 00:00:00

The European Union will not send its full-fledged election observation team to Bangladesh during the upcoming national election due to 'budget constraint', said Election Commission (EC) secretary Md Jahangir Alam on Thursday, reports UNB.Alam said this while talking to journalists...

Fakhrul fears conflict in country if govt doesn't step down

FE REPORT | 2023-09-22 00:00:00

Bangladesh Nationalist Party (BNP) expressed apprehension on Thursday that the country might move towards a confrontation if the government doesn't resign."As long as you (Prime Minister Sheikh Hasina) remain in power, the country would move to the path of a...

China scrutinises quant strategies as market weakness stokes public anger: sources

2023-09-22 00:00:00

SHANGHAI, Sept 21 (Reuters): As China's stock market struggles to recover, regulators have started to probe some hedge funds and brokerages on quantitative trading strategies amid a growing outcry against a sector able to profit from share price falls and...

India shares close at two-week low

2023-09-22 00:00:00

BENGALURU, Sept 21 (Reuters): India's benchmark indexes on Thursday closed at a two-week low in a broad-based selloff, after the US Federal Reserve signalled that interest rates will remain elevated for longer.The Nifty 50 closed 0.8 per cent lower at...

World stocks wilt, dollar marches higher as central banks spring surprises

2023-09-22 00:00:00

LONDON, Sept 21 (Reuters): World stocks fell for a fifth straight session, the dollar hit its strongest since March and the Swiss franc tumbled on Thursday, as the latest crop of central bank interest rate moves continued to produce surprises.European...

Asian markets sink, dollar gains as Fed hints at further rate hike

2023-09-22 00:00:00

HONG KONG, Sept 21 (AFP): Asian stocks sank Thursday and the dollar advanced after the Federal Reserve indicated it could hike interest rates again this year and keep them elevated longer than feared as it struggles to bring inflation to...

Vietnam's VinFast to deliver EVs to Europe this year

2023-09-22 00:00:00

HANOI, Sept 21 (Reuters): Vietnamese electric vehicle (EV) maker VinFast plans to ship its first EVs to Europe this year after receiving regulatory approval, its CEO told Reuters on Thursday, as the European Union considers imposing tariffs on its Chinese...