FE REPORT | 2023-10-06 00:00:00
The personal information of 55 million Bangladeshi citizens has been leaked in a data breach that has been acknowledged by government officials.The authority suspects that the breach occurred through one of the 174 organisations that have access to the National...
FE REPORT | 2023-10-06 00:00:00
The registration cost of land and flat would come down as the National Board of Revenue (NBR) has changed the tax-calculation method and reduced the deed value of land and flat amid demands from the stakeholders concerned.It has also extended...
FE REPORT | 2023-10-06 00:00:00
Nobel Laureate Professor Dr Muhammad Yunus on Thursday said he did not commit any crimes and that is why he is not afraid. He made the comment while replying to reporters' queries at the Anti-Corruption Commission (ACC) office where he...
DOULOT AKTER MALA | 2023-10-06 00:00:00
The National Board of Revenue (NBR) on Thursday briefed the visiting mission of the International Monetary Fund (IMF) an outline of its plan to cut tax expenditure and expedite revenue mobilisation.The mission held separate meetings with the three wings of...
JASIM UDDIN HAROON | 2023-10-06 00:00:00
Interest on bank loans rises to 10.7 per cent as the central bank now approves lending-rate hike by 50 basis points as part of belt-tightening for reining in unruly inflation. The latest step that makes funds costlier comes a day...
JUBAIR HASAN | 2023-10-06 00:00:00
Special treasury bills auction resumes on high bets for replenishing government funds as a substitute for print money circulation by the central bank that fuels inflation and price spiral.The Bangladesh Bank Thursday restarted auctioning the 14-day special treasury bills, after...
Light to moderate rain/ thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rajshahi, Dhaka, Mymensingh, Khulna, Barishal and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the...
North South University (NSU) has been recognised as one of the top universities in Bangladesh, as revealed by the esteemed Times Higher Education World University Rankings 2024, says a statement. The announcement was made recently at the University of Sydney,...
RAJSHAHI, Sep 05 (UNB): Rajshahi city has witnessed its 10-year's highest rainfall that inundated various important parts of the city and caused suffering to its dwellers.The Rajshahi met office recorded 245.8 mm of rainfall in 24 hours from 1:00 pm...
President Mohammed Shahabuddin on Thursday stressed the need for taking necessary steps to make the teaching method international standard so that students can move forward successfully in the global competition, reports UNB.Curriculum and teaching methods are constantly changing due to...
SYLHET, Oct 05 (UNB): Foreign Minister Dr AK Abdul Momen on Thursday said collaboration among neighbours in South Asia through strategic partnership for shared peace and stability can help establish a peaceful region. "When we think of shared prosperity, we...
ARAFAT ARA | 2023-10-06 00:00:00
Migrant workers will soon be able to get immigration clearance from district manpower offices as the government is going to decentralise this service from next month, officials said.Immigration clearance is a mandatory process that workers have to go through while...
NATORE, Oct 05 (UNB): A Natore court sentenced two people, including a woman, to life imprisonment in a case filed for trafficking heroin, on Thursday. Natore Senior District and Sessions Judge Md Sharif Uddin passed the order in the presence...
Fifteen MPs from Australia's opposition Greens party have written a letter to the Australian prime minister seeking specific steps including help to supervise and conduct free and fair elections in Bangladesh, reports UNB. In the letter written to Australian Prime...
Road Transport and Bridges Minister and Awami League General Secretary Obaidul Quader on Thursday said that he was not wrong when he said "a lot is going on behind the scenes." He said this while exchanging views with journalists at...
CUMILLA, Oct 05 (UNB): BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday said that Prime Minister Sheikh Hasina returned home empty-handed from the United States."Sheikh Hasina came back from America empty-handed. She put in much effort to cancel the...
HONG KONG, Oct 05 (Reuters): As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening to rescue what was not too long ago considered one of the country's "too big...
The Annual Sales & Marketing Conference-2023 of Kohinoor Chemical Company (Bangladesh) Ltd. was held at a hotel in Cox's Bazar on Tuesday. The members of Sales & Marketing Division who achieved the sales target for financial year 2022-23 were awarded...
LONDON, Oct 05 (Reuters): Britain's media regulator on Thursday asked the country's antitrust authority to investigate US tech giants Amazon and Microsoft's dominance of the UK cloud market.Ofcom said it had identified features that made it more difficult for UK...
Major stock markets in the Gulf fell in early trade on Thursday amid concerns about the Federal Reserve's interest rate path, with the Qatari index on course to post second weekly loss, reports Reuters.Hawkish rhetoric by the Fed and signs...
NEW YORK, Oct 5 (Reuters): Bond investors' rising concerns around US government spending and its ballooning budget deficit are contributing to a steep sell-off that has pushed Treasury prices to 17-year lows.So-called bond vigilantes - investors who punish profligate governments...
BENGALURU, Oct 5 (Reuters): J.P.Morgan analysts expect investors to parse upcoming second-quarter results and commentary from Indian IT companies for signs of recovery in deal signings in fiscal 2025 following a "washout" year."We remain negative on the sector as we...
LONDON, Oct 5 (AFP): Asian and European stocks rose Thursday after modest Wall Street gains as investors kept a wary eye on US bond yields, while oil sank further on stubborn demand fears.Markets were rocked earlier this week as robust...
The 367th meeting of the board of directors of Shahjalal Islami Bank Limited (SJIBL) was held at the corporate head office of the bank on Wednesday. The meeting was presided over by the Chairman of the board of directors Mohammed...
Southeast Bank Limited has conducted its 3rd quarter "Business Review Meeting- 2023" recently. Nuruddin Md Sadeque Hossain, managing director of the bank, presided over the conference. Senior executives from the head office, head of branches, sub-branch in-charges and heads of...
Walton Digi-Tech Industries Limited, the sole Printed Circuit Board (PCB) manufacturer in Bangladesh, has started exporting the component abroad, said a press release. Walton has exported 10,000 pieces of 'Made in Bangladesh' tagged PCB manufactured entirely in its own state-of-the-art...
FARHAN FARDAUS | 2023-10-06 00:00:00
Non-functional RN Spinning Mills received the regulator's approval for merger with a non-listed sister concern, but the benefit investors will get out of it is questionable. RN Spinning Mills has been counting losses since 2019 as a fire incident forced...
City Bank has been named the 'Leading Partner Bank in Bangladesh' at the 'Trade and Supply Chain Finance Program (TSCFP) Awards 2023' organised by the Asian Development Bank (ADB). The award came in recognition of City Bank being the most...
FE REPORT | 2023-10-06 00:00:00
The Dhaka bourse on Thursday experienced one-month low participation from investors as most of them refrained from making fresh investments amid persistent market volatility. The Dhaka Stock Exchange (DSE) posted a turnover of Tk 3.89 billion, the lowest since October...
FE REPORT | 2023-10-06 00:00:00
ADN Telecom earned record profit in FY23 as recent investments started bearing fruit. The IT firm reported Tk 258.60 million in profit for the year, a 54.3 per cent increase from the previous fiscal year, according to the Dhaka Stock...
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