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BD defers decision until mid-January

FE REPORT | 2023-09-30 00:00:00

The government has once again deferred a decision to use taka as headline currency in fixing airfares in Bangladesh until next January 16.According to officials, this is for the second time the deadline has been extended due to "procedural delays".In...

Ctg elevated expressway set for Nov opening

OUR CORRESPONDENT | 2023-09-30 00:00:00

CHATTOGRAM, Sept 29: The first elevated expressway in the port city of Chattogram, spanning from Lalkhan Bazar to Chittagong Shah Amanat International Airport, is now 80-percent complete. According to officials, a segment of the elevated expressway is scheduled to open...

50 killed in Pakistan blasts

2023-09-30 00:00:00

QUETTA, Sept 29 (AFP): More than 50 people were killed and dozens more wounded in Pakistan's Balochistan province on Friday by a suicide bomber targeting a procession marking the birthday of Islam's Prophet Mohammed, officials said.A second suicide attack by...

Green chilli prices heating up again

FE REPORT | 2023-09-30 00:00:00

After an unusual hike in July and subsequent return to normalcy, green-chilli prices have started to rise again, reaching Tk 250 a kg on Friday. This marks a Tk 100-to Tk 120-per-kg increase in just three days. Onion, fish and...

Briefing 2023-09-30

2023-09-30 00:00:00

Prayer Timings (2023-09-30)

2023-09-30 00:00:00

New law permits taxmen to disclose undeclared assets

DOULOT AKTER MALA | 2023-09-30 00:00:00

Taxmen now have the authority to disclose information about undeclared assets and income of tax-evaders in the current financial year, as the restrictions on taxpayer-information privacy have been eased under the new tax law.This new provision, integrated into the Income...

First batch of uranium for RNPP reaches Rooppur

2023-09-30 00:00:00

PABNA, Sep 29 (UNB): The first consignment of uranium, the nuclear fuel for Rooppur Nuclear Power Plant, has arrived in Pabna's Rooppur under special security arrangement.Akbar Ali Munsi, superintendent of Pabna police, confirmed the development, saying that the first consignment...

US to impose visa curbs on others anytime appropriate

MIR MOSTAFIZUR RAHAMAN | 2023-09-30 00:00:00

Washington keeps option open to impose visa restrictions on other individuals if and when the administration believes "it's appropriate", a US mission spokesperson says about their hold-all sanctions policy. "The United States has taken steps to impose visa restrictions under...

Largest pvt data centre for financial sector opens today

ISMAIL HOSSAIN | 2023-09-30 00:00:00

Felicity IDC Limited (FIDC) -- a tier 3, PCI-DSS-certified internet data centre (IDC) -- is going to open for cloud service today (Saturday). It is specially designed for the country's financial sector. The data centre, located in Bangabandhu Hi-Tech City...

Inflation inexplicable as prices manifold over production cost

JASIM UDDIN HAROON | 2023-09-30 00:00:00

Inflation in Bangladesh seems inexplicable with prices stubbornly staying manifold over production costs while it eases worldwide, a situation which some economists describe as 'greedflation' created by profiteers. Prices of some prime essentials, for example, potatoes, chickens, eggs, and onions...

Weather (2023-09-30)

2023-09-30 00:00:00

Light to moderate rain/ thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rajshahi, Khulna and Barishal divisions until 06:00 pm today (Saturday) according to the Met Office. Mild heat wave is sweeping over...

News in Brief(2023-09-30)

2023-09-30 00:00:00

Two killed in Gopalganj road accidentTwo people were killed and five others injured in a collision between a passenger bus and a battery-run easy bike on the Dhaka-Khulna highway in Daserhat area under Muksudpur upazila of Goplaganj on Friday. The...

Eid-e-Miladunnabi observed -

2023-09-30 00:00:00

The holy Eid-e-Miladunnabi was observed in the country with due religious fervor and festivity on Thursday, marking the anniversary of the birth and demise of Prophet Hazrat Muhammad (peace be upon him), reports BSS. In separate messages, President Mohammed Shahabuddin...

Sabrang tourism park to have hotels, resorts soon

SAIF UDDIN | 2023-09-30 00:00:00

Installation of key infrastructure, including hotels and resorts, at Sabrang Tourism Park (STP) will begin soon as land development has been done, people familiar with this matter have said.The Bangladesh Economic Zones Authority (BEZA) is also awaiting a project's approval...

Work to brighten country's image further: PM

2023-09-30 00:00:00

WASHINGTON DC, Sept 29 (BSS): Prime Minister Sheikh Hasina has asked officials of the Bangladesh embassy in Washington DC to work with sincerity and patriotism to further enhance the country's image."Discharge duties with utmost sincerity, professionalism, honesty and patriotism to...

BNP wants to come to power illegally: Maya

2023-09-30 00:00:00

Awami League (AL) Presidium Member Mofazzal Hossain Chowdhury Maya, Bir Bikram, on Friday said the BNP knows that they will not be able to come to state power through election, so the party wants come to power in illegal way,...

Khaleda again shifted to CCU from cabin

2023-09-30 00:00:00

BNP Chairperson Begum Khaleda Zia, who has been undergoing treatment at Evercare Hospital in Dhaka, was transferred to the Coronary Care Unit (CCU) from a cabin on Friday afternoon, reports UNB."Khaleda Zia was transferred to the CCU in the afternoon...

World lauds Hasina for her development works: Anisul

2023-09-30 00:00:00

BRAHMANBARIA, Sept 29 (BSS): Law, Justice and Parliamentary Affairs Minister Anisul Huq on Friday said the whole world is praising Sheikh Hasina for her numerous development works like launching the Bangabandhu Satellite and building Padma Bridge, Karnaphuli River Tunnel and...

Mohila Dal rally demands Khaleda's immediate release

FE REPORT | 2023-09-30 00:00:00

Bangladesh Nationalist Party (BNP) said on Friday that people including mothers and sisters are not safe now. "Today people and even the mothers and sisters of the country are being detained in the name of Cyber Security Act," secretary general...

Hasina a symbol of democracy: Hasan

2023-09-30 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud on Friday said Prime Minister Sheikh Hasina is not only a politician rather she is a symbol of democracy, reports BSS."Sheikh Hasina is the name of struggles, development and progress and democracy. Sheikh...

Asia-Pacific markets largely rebound

2023-09-30 00:00:00

Asia-Pacific markets largely climbed in the final trading day of the week, with Hong Kong's Hang Seng index leading gains in the region and rising 2.67 per cent in its final hour of trade, reports CNBC.This comes as traders assess...

Global bond funds register big outflows on rate worries

2023-09-30 00:00:00

Global bond funds saw their biggest weekly outflows in more than a month on concerns that US and European central banks will keep interest rates higher for longer to curb inflationary pressures, reports Reuters.The US Federal Reserve surprised markets last...

Supermarket franchisee Spinneys Dubai plans IPO in 2024

2023-09-30 00:00:00

Spinneys Dubai LLC, the franchisee of the supermarket chain in the United Arab Emirates and Oman, is planning an initial public offering of the business in the second quarter of 2024, three sources with direct knowledge of the matter said,...

eGeneration profit hits four-year high on growing demand for IT services

FE REPORT | 2023-09-30 00:00:00

eGeneration Ltd posted a profit of Tk 108.75 million in fiscal year 2022-23, the highest in four years, driven by the increasing demand for software and IT-enabled services, as more and more local business entities are embracing automation.eGeneration is a...

Stocks tumble amid macroeconomic and political concerns

FE REPORT | 2023-09-30 00:00:00

Failing to sustain the upward momentum, stocks tumbled in the outgoing week as investors mostly stayed on the sidelines amid macroeconomic and political concerns.Investors might have panicked following the announcement of the US state department regarding the imposition of visa...

IFIC Bank holds remittance roadshow in NY

2023-09-30 00:00:00

IFIC Bank has arranged remittance roadshows at four places in New York, USA to encourage fast, easy, and secure remittance exchange through legitimate banking channels, reports BSS.The places were Queens, Jamaica, Bronx and Brooklyn.The roadshow started from September 24 and...

UAW to expand strike on Detroit 3 US automakers

2023-09-30 00:00:00

DETROIT, Sept 29 (Reuters): The United Auto Workers are set to expand their strike of Detroit Three factories and walk off the job at one additional assembly plant at General Motors, Ford and Stellantis , three sources familiar with the...

US adopts plan to phase out single-use plastics at national parks

2023-09-30 00:00:00

WASHINGTON, Sept 29, (AFP): The US government on Thursday announced plans to phase out single-use plastics on public lands, including the country's famous national parks, by 2032."Plastic waste is a priority environmental problem," said a statement from the Interior Department,...

Islami Bank discussion on Shari'ah compliance in banking operations

2023-09-30 00:00:00

Barishal Zone of Islami Bank Bangladesh PLC organised a discussion on "Compliance of Shari'ah in Banking Operations" for its clients on the Barishal Branch premises recently. Dr Md Ruhul Amin Rabbani, member of Shari'ah Supervisory Committee was present as the...