Nazimuddin Shyamol | 2023-08-14 00:00:00
CHATTOGRAM, Aug 13: Port city Chattogram is currently grappling with the aftermath of heavy rainfall and subsequent flooding, as primary estimate shows at least 50 kilometres of roads have been damaged in the metropolis. The deluge has left the roads...
FE Report | 2023-08-14 00:00:00
Refiners have cut the maximum retail prices (MRP) of bottled soybean oil and packaged sugar by Tk 5.0 each to Tk 174 per litre and Tk 135 per kg.The MRP of a five-litre soybean oil jar has been reduced by...
FE REPORT | 2023-08-14 00:00:00
The Bangladesh Bank (BB) issued instructions on Sunday for banks to adhere to the latest Income Tax Act-2023 which mandates the deduction of source tax from profits on term deposits of mutual funds.The Banking Regulation and Policy Department (BRPD) of...
FE REPORT | 2023-08-14 00:00:00
The UK is providing £250,000 (over Tk 34 million) of humanitarian assistance to respond to the urgent needs of the communities affected by large-scale flooding in Chattogram Division. This will deliver vital assistance to over 18,000 people affected by flooding...
Visiting two US Congressmen held a meeting with the leaders of three major political parties -- governing Bangladesh Awami League, its major political rival Bangladesh Nationalist Party (BNP) and the opposition in parliament Jatiya Party -- in Dhaka on Sunday.The...
People navigate the Buriganga river under umbrellas during a gentle drizzle at Babu Bazar point in old Dhaka on Sunday, as unrelenting downpours hamper daily activities and mobility. — FE Photo by Shafiqul Alam
Prime Minister Sheikh Hasina on Sunday urged the country's alem-uleama to cooperate with her government to eradicate religious superstitions, terrorism and militancy so no one can misguide the children by wrong interpretation of Islam, reports UNB."I want your cooperation in...
FE REPORT | 2023-08-14 00:00:00
The Bangladesh Bank (BB) has raised the interest rates for Refinance Scheme for Pre-Shipment Credit and Export Facilitation Pre-finance Fund (EFPF). This adjustment by the country's central bank aligns with the newly introduced reference rate known as SMART (Six months...
M AZIZUR RAHMAN | 2023-08-14 00:00:00
The government is set to allow Excelerate Energy to increase LNG- re-gasification capacity of its floating storage and re-gasification unit (FSRU) by 20 per cent to around 600 million cubic feet per day (mmcfd) from October next, said sources.Execelerate's FSRU,...
JASIM UDDIN HAROON | 2023-08-14 00:00:00
The cumulative written-off loan amount surged by nearly 8.0 per cent to Tk 653.21 billion at the end of 2022, which was Tk 604.98 billion at the end of 2021, according to the Bangladesh Bank's (BB) report. The cumulative written-off...
FE REPORT | 2023-08-14 00:00:00
Eleven more deaths were reported from dengue in 24 hours till Sunday morning, including 7 from Dhaka, raising the fatalities from the mosquito-borne disease in Bangladesh to 398 this year. Meanwhile, 2,905 hospitalizations were also recorded the same period of...
YASIR WARDAD | 2023-08-14 00:00:00
Overheating egg prices continue burning a hole into consumer wallets but commerce and livestock ministries go their different ways on import for managing what is seen as "manipulated" market. The ayes from the commerce and the nays from the livestock...
Doulot Akter Mala | 2023-08-14 00:00:00
The collection of value-added tax (VAT) from retail and wholesale businesses grew by 35.5 per cent in the commercial areas of the capital, largely for the installation of Electronic Fiscal Devices (EFDs) and intensified enforcement.The Dhaka South Zone, which includes...
SAJIBUR RAHMAN | 2023-08-14 00:00:00
Transportation shrinkage squeezes commercial vehicle sales with trucks, cargo vans and covered vans gathering dust in shops across Bangladesh, in an indicator of sluggish economic activity.Apart from slowdown under impact of global volatility, showroom owners, operators and importers say that...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Mymensingh, Dhaka, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Monday), according to the Met...
Bangladesh has recorded 28 new cases of Covid-19 in a day, taking the overall tally of infections to 2,044,997, reports bdnews24.com.The death toll from the disease stayed unchanged at 29,476 over the 24-hour period, according to the latest government data...
Prodip Chandra Howlader, a low-paid employee of a private firm, has been suffering from acute kidney disease. Doctors at Christian Medical College, Vellore in India have suggested kidney transplant for this 46-year-old only income earner of his family. His sister...
FE REPORTThe High Court on Sunday issued an injunction upon the construction work of the Central Tissue Culture and Seed Health Laboratory, a project of the Bangladesh Agricultural Development Corporation (BADC), by filling up water bodies in the Goidartek area...
A total of 36 students of Dhaka University (DU) received The Duke of Edinburgh's International Award recently for their outstanding success in completion of different self-development activities, said a press release. Among them, 22 received bronze awards and 14 silver...
Chief of Army Staff General SM Shafiuddin Ahmed addressing the army personnel at a function during his visit to Cumilla Cantonment on Sunday — ISPR
In the wake of dengue outbreak across the country, Bangladesh Bank (BB) on Sunday instructed banks to take adequate measures to protect bank employees and customers from dengue, reports UNB.Banking Regulation and Policy Department (BRPD) gave special instructions to banks...
FE REPORTThe High Court on Sunday refused to entertain an appeal for recalling its August 6 order that had directed the authorities concerned to conduct inquiry into the allegations against S Alam Group owner Mohammad Saiful Alam regarding the transfer...
Two visiting US Congressmen Ed Case and Richard McCormick met Foreign Minister Dr AK Abdul Momen at the State Guest House Padma in the city on Sunday. US Ambassador in Bangladesh Peter Haas was also present in the meeting —...
FE Report | 2023-08-14 00:00:00
The transport worker leaders accused the government of never paying any attention to wellbeing of drivers (and helpers), although it spends billions of taka for development of road infrastructure and different professionals.They said the professions of drivers and helpers are...
BEIJING, Aug 13 (Reuters): China's State Council issued guidelines on Sunday that it said would further optimize the country's foreign investment environment and attract more foreign investment.The State Council said in a document containing 24 guidelines that authorities should increase...
HSBC Bangladesh has been awarded as the International Retail Bank of the Year for the third time in a row alongside the Best Marketing and Brand Initiative of the Year 2023, says a press release. The award ceremony held at...
The 26th Annual General Meeting (AGM) of Infrastructure Development Company Limited (IDCOL) was held on a virtual platform recently, says a press release. Sharifa Khan, Chairman of IDCOL and Secretary at the Economic Relations Division, presided over the meeting. During...
BENGAL COMMERCIAL BANK HOLDS EGM, AGM Bengal Commercial Bank held its 1st extra-ordinary General Meeting (EGM) and 3rd Annual General Meeting (AGM) at a city hotel recently. Md Jashim Uddin, Chairman of the Board of Directors of the bank and...
BEIJING, Aug 13 (AFP): Chinese e-commerce giant Alibaba announced an unexpected 14 per cent on-year increase in quarterly sales on Thursday, following several difficult years and in spite of a broader economic slowdown.Alibaba is a key player in China's expansive...
Commerce Minister Tipu Munshi hands over subsidised food items to a family card holder after inaugurating the TCB sales programme at Mohammadpur in Dhaka on Sunday. — PID
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