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Russia assures fuel supply in September

FE REPORT | 2023-08-01 00:00:00

Russia will supply nuclear fuel for the country's maiden nuclear power plant (NPP) in Rooppur this September, Rosatom director-general Alexey Likhachev made the assurance on Monday.The assurance from the top executive of Russia's nuclear-energy corporation came during his meeting with...

A car drives down a pothole-dotted road at Kutubkhali of Jatrabari area

2023-08-01 00:00:00

A car drives down a pothole-dotted road at Kutubkhali of Jatrabari area in the city on Monday. The road, close to the Jatrabari-end of Hanif Flyover, has been in a deplorable condition for a prolonged time, much to the inconveniences...

2,694 new dengue cases, 4 deaths in a day

FE REPORT | 2023-08-01 00:00:00

Bangladesh reported four deaths from dengue in 24 hours till Monday morning as the dengue outbreak has taken an alarming turn.As many as 2,694 dengue patients were admitted to different hospitals across the country in the last 24 hours, according...

Slow import, manufacturing squeeze domestic revenues

DOULOT AKTER MALA | 2023-08-01 00:00:00

Decline in import of commodities and local manufacturing pulled Bangladesh's domestic tax-revenue growth down the average, to 10 per cent, in the past fiscal, and such "setback" is predicted to prolong for poll unrest. According to central bank data, the...

Fifth death anniversary of Moazzem Hossain today

FE REPORT | 2023-08-01 00:00:00

Today (Tuesday) is the 5th death anniversary of iconic economic journalist and founder-editor of The Financial Express (FE) A.H.M. Moazzem Hossain.On August 01, 2018, he passed away at the age of 73.He launched the FE, the country's first financial English...

Political unrest to undermine economic advances

MIR MOSTAFIZUR RAHAMAN | 2023-08-01 00:00:00

Looming political uncertainty over the upcoming general election in Bangladesh gives leading economists to believe the country's economy, already reeling from shock of the Ukraine war, may face further setbacks.Suggesting all the stakeholders to act "responsibly"-to leapfrog any such eventuality--they...

Weather (2023-08-01)

2023-08-01 00:00:00

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

Students of Syeda Anjuman Ara Girls School (SAAGS)

2023-08-01 00:00:00

Students of Syeda Anjuman Ara Girls School (SAAGS), established in 2018 at Chauddagram, Cumilla, have excelled by passing 100 per cent in the SSC Exams in 2023 including GPA 5. The girls also made similar results in 2021 and 2022...

BD logs 47 Covid cases in a day

2023-08-01 00:00:00

Bangladesh has recorded 47 new cases of Covid-19 in a day, taking the overall tally of infections to 2,044,457, reports bdnews24.com.The death toll from the disease remained unchanged at 29,472 over the 24-hour period, according to the latest government data...

ACC files case against customs commissioner

FE REPORT | 2023-08-01 00:00:00

Anti-Corruption Commission (ACC) filed a case against Mohammad Enamul Haque, commissioner of the Customs, Valuation and Internal Audit Department, for allegedly acquiring an illegal wealth of around Tk 100 million.ACC's Dhaka Integrated District Office Assistant Director Mahbubul Alam filed the...

Prime Minister Sheikh Hasina conferred 'Bangabandhu Public Administration Award-2023'

2023-08-01 00:00:00

Prime Minister Sheikh Hasina conferred 'Bangabandhu Public Administration Award-2023' on 28 officials and two government departments on the occasion of the National Public Service Day for their outstanding performance at Osmani Memorial Auditorium in the city on Monday — PID

CEC holds closed-door meeting with Chief Justice at SC

FE REPORT | 2023-08-01 00:00:00

Chief Election Commissioner Kazi Habibul Awal on Monday held a closed-door meeting with Chief Justice Hasan Foez Siddique at the latter's Supreme Court office. Election Commissioner Begum Rasheda Sultana and a number of EC secretariat officials, including Secretary Md Jahangir...

Indictment hearing in two cases against Khaleda on Aug 14

2023-08-01 00:00:00

A Dhaka court on Monday set August 14 for holding hearing on charge framing in two cases, one for observing fake birthday on National Mourning Day and another for stigmatizing the War of Liberation, lodged against BNP chairperson Begum Khaleda...

AL submits audit report to EC

2023-08-01 00:00:00

Awami League's income last year decreased compared to that of 2021, according to the party's annual financial report for 2022. Awami League on Monday submitted its annual audit report to the Election Commission, reports UNB. As per the statement, the...

BNP to gain from movement: Fakhrul

FE REPORT | 2023-08-01 00:00:00

BNP secretary general Mirza Fakhrul Islam Alamgir has said they would succeed in the ongoing anti-government movement with substantial advancement in the struggle."Our victory is certain as we've advanced a lot," he said while addressing a rally at Suhrawardy Udyan...

US visa policy should be effective on BNP: Quader

2023-08-01 00:00:00

The new US visa policy should be effective on BNP as they are trying to obstruct election through violence and anarchy, Awami League General Secretary Obaidul Quader has said, reports UNB. "BNP's recent political programmes were nothing but obstruction to...

The Board of Directors of ICB approved dividend

2023-08-01 00:00:00

The Board of Directors of Investment Corporation of Bangladesh (ICB) approved dividend of Tk 34.90 per ICB Unit (face value 100.00) of the ICB Unit Fund for financial year 2022-23 at its meeting held on Sunday. It also fixed repurchase...

Half-yearly business review conference 2023 of Midland Bank held

2023-08-01 00:00:00

The half-yearly business review conference 2023 of the Institutional Banking, Retail Distribution and Treasury Divisions of Midland Bank Limited was held at the bank's head office in the capital recently. Md. Ahsan-uz Zaman, managing director and CEO of the bank,...

54th board meeting and 73rd bi-monthly meeting of PDBL held

2023-08-01 00:00:00

The 54th board meeting and 73rd bi-monthly meeting of Primary Dealers Bangladesh Limited (PDBL) was held on Sunday at a hotel in Gulshan, Dhaka. Chairman of PDBL and Managing Director of Sonali Bank Limited Md Afzal Karim, Vice Chairman of...

Green Delta Capital honoured with 'Swadhinata Subarna Joyantee Award for 2022'

2023-08-01 00:00:00

Green Delta Capital (GDC) has been honoured with 'Swadhinata Subarna Joyantee Award for 2022' in the merchant bank category. The Bangladesh Securities and Exchange Commission (BSEC) has recognised GDC as the top merchant bank for its outstanding contributions to the...

IBTRA organised closing ceremony of foundation training course

2023-08-01 00:00:00

Islami Bank Training and Research Academy (IBTRA) organised the closing ceremony of foundation training course for probationary officers on Monday. Mohammed Monirul Moula, managing director & CEO of Islami Bank Bangladesh Limited, addressed the programme as the chief guest.

Brac Bank, Pragati Life up for investment in digital banks

FE REPORT | 2023-08-01 00:00:00

Two more listed companies -- BRAC Bank and Pragati Life Insurance -- have decided to invest in the proposed digital banks, according to separate disclosures on Monday.Earlier, three listed companies -- Bank Asia, Crystal Insurance and Advanced Chemical Industries --...

Banks report mixed H1 earnings amid NPL impact

FE REPORT | 2023-08-01 00:00:00

In the first half of 2023, listed banks displayed a varied performance in generating profits compared to the same period in the previous year. While over half of the banks that disclosed their half-yearly financial statements reported growth in net...

Most MNCs post profit growth, riding out inflationary storm

BABUL BARMAN | 2023-08-01 00:00:00

During the first half of this year, most listed multinational companies (MNCs) posted impressive profit growth compared to the same period last year due to efficient management, strong brand value and product-price increases. Despite pinching inflation affecting people's purchasing power,...

Toyota to boost dev of EV tech in China

2023-08-01 00:00:00

TOKYO, July 31 (Reuters): Toyota will strengthen development of electric vehicle technology in China, the automaker said on Monday, as it looks to catch up with increasingly tough domestic competition in the world's largest auto market.The move is the latest...

Eurozone economy rebounds as inflation slows in July

2023-08-01 00:00:00

BRUSSELS, July 31 (AFP): Economic growth in the eurozone rebounded in the second quarter, data showed Monday, but concerns remain over inflation that is slowing yet still stubbornly high, and over stagnation in the German economy.The EU's Eurostat data agency...

Musk draws heat from San Francisco over giant X logo

2023-08-01 00:00:00

NEW YORK, July 31 (Reuters): A giant, glowing X marks the San Francisco spot where Elon Musk says he plans to keep his company, the messaging platform X, formerly known as Twitter. But city officials and some residents are unhappy...

Lamborghini could hit 10,000 sales this year

2023-08-01 00:00:00

MILAN, July 31 (Reuters): Lamborghini could sell 10,000 cars this year for the first time, its CEO said, as the luxury sports carmaker reported a rise in profit and revenues for the first half.The Italian brand, a subsidiary of Germany's...

Hong Kong economy slows in Q2

2023-08-01 00:00:00

HONG KONG, July 31 (AFP): Hong Kong's economy expanded by 1.5 per cent in the second quarter, data released Monday showed, indicating slowing growth after a robust start to the year.Vast swathes of Hong Kong's economy were shut down in...

EU, Philippines agree to relaunch free trade talks

2023-08-01 00:00:00

MANILA, July 31 (AFP): The European Union (EU) and the Philippines will restart negotiations on a free-trade agreement as they seek to accelerate "a new era of cooperation", European Commission President Ursula von der Leyen said Monday.Talks began in 2015...