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PM for legal actions

2023-09-05 00:00:00

Prime Minister Sheikh Hasina on Monday directed the authorities concerned to identify and take legal action against those who go abroad with fake certificates and their abettors, reports UNB.She made this directive while chairing the Cabinet meeting at her office...

Sluggish pvt investment stokes concerns

MIR MOSTAFIZUR RAHAMAN | 2023-09-05 00:00:00

Bangladesh seems stumbling at a low equilibrium level of private- investment growth, amid a crucial transition in its economic status, says a finance-ministry report while economists raise stagnation alarms. Economists note that unless the rate is raised above 49 per...

Flag raised over RHD's Tk 5.16bn per km highway cost estimate

FHM HUMAYAN KABIR | 2023-09-05 00:00:00

The Roads and Highways Department (RHD) has proposed a cost of Tk 5.16 billion per kilometre for widening a 23.5-km stretch of the Chittagong-Cox's Bazar highway, according to officials. This has prompted the Planning Commission to express reservations about the...

Export rises by 9.12pc to $9.37bn in July-Aug

FE REPORT | 2023-09-05 00:00:00

Bangladesh's goods exports fetched $9.37 billion in the first two months of the current fiscal year, according to data released by the Export Promotion Bureau (EPB) Monday, propelled mostly by the apparel-manufacturing might of the country. The July-August export income...

Weather (2023-09-05)

2023-09-05 00:00:00

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

President in Indonesia to attend ASEAN Summit

2023-09-05 00:00:00

President Mohammed Shahabuddin on Monday arrived in Jakarta, Indonesia to attend the 43rd ASEAN Summit and the 18th East Asia Summit to be held on September 5-7, reports UNB.Minister of Environment and Forestry Siti Nurbaya Bakar and Foreign Minister Dr...

Land Crime Prevention and Remedy Bill, 2023 placed in JS

2023-09-05 00:00:00

The Land Crime Prevention and Remedy Bill, 2023 was placed in Parliament on Monday to curb land-related forgeries and offences, reports UNB.Land Minister Saifuzzaman Chowdhury placed the Bill and it was sent to the respective scrutiny committee for further examination....

Saima Wazed nominated for WHO Regional Director post

2023-09-05 00:00:00

Saima Wazed has been nominated by the Government of Bangladesh for the post of Regional Director of World Health Organisation's (WHO) South-East Asia Region (SEARO), reports UNB.WHO SEARO is one of the six regional offices of the WHO, composed of...

NSU Vice-chancellor Professor Atiqul Islam and CPD Executive Director Dr Fahmida Khatun signed MoU on behalf of their respective organisations

2023-09-05 00:00:00

North South University (NSU) Vice-chancellor Professor Atiqul Islam and CPD Executive Director Dr Fahmida Khatun signed a MoU on behalf of their respective organisations on the university campus in the city on Monday to collaborate on academic and research projects....

Boro procurement deadline extended to collect 0.2m tonnes more

YASIR WARDAD | 2023-09-05 00:00:00

Despite the country successfully meeting its domestic procurement target for the key rice variety Boro, the government has extended the collection deadline by half a month to buy an additional 0.2 million tonnes of the food grain. This decision is...

14th death anniv of Saifur Rahman today

2023-09-05 00:00:00

The 14th death anniversary of former finance minister M Saifur Rahman will be observed today (Tuesday), reports UNB.On September 5, 2009, Saifur, also a former BNP standing committee member, died in a road accident on the Dhaka-Sylhet Highway at the...

Fugitive Hizb ut-Tahrir leader held in city

2023-09-05 00:00:00

Members of Rapid Action Battalion (RAB) have arrested a fugitive leader of banned militant outfit Hizb ut-Tahrir from the city's Mohammadpur, reports UNB.The arrestee is Abdul Baten (60), son of late Arshad Ali of Manikganj's Daulatpur upazila and a member...

Khaleda Zia not in position to be discharged from hospital: Doctor

2023-09-05 00:00:00

BNP Chairperson Khaleda Zia's condition has not improved enough to be discharged from hospital, her personal physician Professor AZM Zahid Hossain said on Monday, reports UNB.BNP chief has been receiving treatment in a cabin at Evercare Hospital for the last...

Rohingya crisis to go if BNP voted to power

2023-09-05 00:00:00

FE REPORTThe Bangladesh Nation-alist Party (BNP) has vowed to resolve the Rohingya crisis if voted to power.BNP secretary general Mirza Fakhrul Islam Alamgir made the comments at a seminar styled 'Rohingya Crisis and Repatriation' hosted at a city hotel on...

BNP has no importance as political party to people: Quader

2023-09-05 00:00:00

Awami League (AL) General Secretary Quader has accused BNP of creating crises, though the party has no capacity of resolving them, reports BSS. "The Rohingya crisis began during Ziaur Rahman's reign . . . but the outline they now present...

Oman's OQ Gas Networks plans Muscat's biggest IPO in almost two decades

2023-09-05 00:00:00

DUBAI, Sept 4 (Reuters): Oman's OQ Gas Networks (OQGN), the pipelines business of state oil giant OQ, said on Monday it planned to float up to 49 per cent of its shares, in what is expected to be the biggest...

Indian shares advance on hopes of Fed rate pause, China stimulus

2023-09-05 00:00:00

BENGALURU, Sept 4 (Reuters): Indian shares rose on Monday, led by metals on fresh stimulus support by China for its property sector and information technology (IT) stocks on rising expectations that the US Federal Reserve will pause its monetary tightening...

Asian markets rise as US jobs data ease rate pressure on Fed

2023-09-05 00:00:00

HONG KONG, Sept 4 (AFP): Asian stocks rose Monday on hopes the Federal Reserve has come to the end of its interest rate hiking cycle following a positive US jobs report.Confidence has been buoyed recently by a string of reports...

CABI PLANTWISE PLUS LAUNCHED

2023-09-05 00:00:00

With a view to protecting harvest and detecting new diseases of crops, Bangladesh Agriculture Research Council has launched a Cabi Plantwise Plus in Bangladesh with the help of Digital Advisory Tools in the city on Sunday. Additional Secretary of the...

TVS Apache RTR 160 4V Fi launched in BD

2023-09-05 00:00:00

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, announced the launch of TVS Apache RTR 160 4V Fi (Fuel Injection) sports motorcycle at a programme in Dhaka on Monday. This latest addition to the range...

Mahmuda Akhter handed over a cheque for Tk 26.50 million to Md Habibur Rahman Gazi

2023-09-05 00:00:00

Chief Executive Officer of ICB Asset Management Company Limited (IAMCL) Mahmuda Akhter handed over a cheque for Tk 26.50 million recently to Managing Director and CEO of Bangladesh Development Bank Limited Md Habibur Rahman Gazi from profits out of investments...

City Bank distributed crop seeds among marginal farmers

2023-09-05 00:00:00

City Bank has distributed crop seeds among marginal farmers of Bogura recently as part of its corporate social responsibility (CSR). The bank completed the distribution among four hundred marginal farmers at Thengamara, Bogura, in collaboration with local NGO TMSS, at...

Shimanto Bank celebrated 7th anniversary

2023-09-05 00:00:00

Shimanto Bank celebrated its 7th anniversary and held a 'Town Hall Meeting' recently. Rafiqul Islam, managing director and CEO of the bank, joined the celebration as the chief guest, while head office employees and high officials were also present.

Redington becomes Adobe's partner for five South Asian countries

FE REPORT | 2023-09-05 00:00:00

Redington Ltd, a leading technology solutions provider, has been appointed as Adobe's market development partner for some key markets in South Asia, including Nepal, Bhutan, Sri Lanka, Maldives and Bangladesh. This partnership aims to ignite creativity as well as to...

Elevated expressway a new catalyst for growth: DCCI

2023-09-05 00:00:00

Dhaka Chamber of Commerce and Industry (DCCI) president Barrister Md Sameer Sattar said on Monday that since Dhaka is the country's economic growth centre, the transport and communication network of the city and other parts of the country must be...

Biman's Dhaka-Narita direct flights to boost BD-Japan trade, relations

2023-09-05 00:00:00

The launch of Biman's Dhaka-Narita (Tokyo) direct flight will enhance trade and relations between the two countries, Badal Chaklader, president of Bangladesh Chamber of Commerce and Industry in Japan (BCCIJ), has said, reports UNB.He said this while speaking at a...

BIA signs MoU with DITCL

2023-09-05 00:00:00

Bangladesh Insurance Association (BIA) has signed a memorandum of understanding (MoU) with Dragon Information Technology and Communication Limited (DITCL) in the city on Sunday. BIA President Sheikh Kabir Hossain and Mostafa Golam Kuddus on behalf of DITCL signed the MoU.

First-ever ETF to be launched this year

FE REPORT | 2023-09-05 00:00:00

The launching of the country's first ever Exchange Traded Fund (ETF) is impending as the relevant parties are set to get registration certificate of the fund to float the IPO (initial public offering).The initial size of the proposed ETF namely...

Mercantile Bank organised a film show named 'Chironjib Mujib'

2023-09-05 00:00:00

Mercantile Bank organised a film show named 'Chironjib Mujib', based on Bangabandhu's autobiography 'Ausamapta Atmajiboni', at its head office on the occasion of Bangabandhu Sheikh Mujibur Rahman's 48th martyrdom anniversary. Producer of the film Liton Haider handed over the film...

Stocks fall back on DSE, stemming 3-day rise

FE REPORT | 2023-09-05 00:00:00

Price fall of selective large- and mid-cap stocks dragged the market down on Monday, snapping a three-day winning streak, as investors preferred to realise short-term gains amid ongoing volatility.Mostly, the stocks, which had price appreciations recently, eroded.Sonali Paper & Board...