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France votes in high-stakes parliamentary election

2024-07-01 00:00:00

PARIS, June 30 (BBC): France is voting in a parliamentary election that could make history, with the far right closer to power than it has ever been in modern times.The National Rally (RN) of Marine Le Pen and Jordan Bardella...

BRICS countries back grain exchange idea, says Russia

2024-07-01 00:00:00

MOSCOW, June 30 (Reuters): The BRICS group of countries have supported an initiative to set up a grain exchange, Russian Minister of Agriculture Oksana Lut said on Friday.The exchange would allow buyers to purchase directly from producers and has been...

Singapore port congestion shows global ripple impact of Red Sea attacks

2024-07-01 00:00:00

SEOUL/SINGAPORE, June 30 (Reuters): Congestion at Singapore's container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping - with bottlenecks also appearing in...

BD startups: The Good, the Bad, the Ugly

Seyed Mosayeb Alam | 2024-07-01 00:00:00

In recent years, Bangladesh has emerged as a vibrant hub for startups, driven by rapid economic growth, a young and tech-savvy population, and improvements in digital infrastructure. Instead of opening another convenience store like 7/11, Chaldal, an online grocery delivery...

Commercialisation of GI Products

2024-07-01 00:00:00

Geographical Indication (GI) tags represent a product's origin, history, and uniqueness. They distinguish a product's quality and characteristics from similar products produced elsewhere, creating a strong demand among consumers. Effective commercialisation is crucial to tapping into both national and international...

Power supply capacity must be increased

2024-07-01 00:00:00

Electricity drives civilisation's development. To Bangladesh's credit, it has brought 100 per cent people under the electricity coverage. However, demand for electricity continues to rise while supply lags, resulting in load-shedding in different areas.Currently, the country's power generation capacity stands...

Presidential debates and win-loss matrix

Neil Ray | 2024-07-01 00:00:00

In an era of showmanship, debates between contenders of the world's most powerful position cannot be dismissed as a verbal contest. It is much more than that. The Thursday's debate between President Joe Biden and former President Donald Trump has...

Inflation, forex reserve remain ever defiant

Syed Fattahul Alim | 2024-07-01 00:00:00

The finance minister during his closing speech on the Finance Bill for the proposed budget for the fiscal year 2024-25 on Saturday (June 29) at the Jatiya Sangsad assured the nation that the general point-to-point inflation rate would come down...

Curbing tax evasion

2024-07-01 00:00:00

Tax evasion has remained extensive and a large number of professionals and businesses feel no qualms about resorting to this malpractice responsible for crippling the country's fiscal stability. According to the National Board of Revenue (NBR), merely 4.6 million of...

Stakeholders urge withdrawal of VAT on tour operator services

2024-06-30 12:00:00

Tourism stakeholders on Saturday called for withdrawal of the 15 per cent Value Added Tax (VAT) on tour operator services, proposed in the fiscal 2024-25 budget, saying that it would severely impact the sector's growth, reports BSS. They warned that...

Fair biz climate Focus on role of mass media

2024-06-30 12:00:00

FE REPORTSpeakers at a seminar highlighted the role of the media alongside the Bangladesh Competition Commission (BCC) in ensuring healthy business competition in the market.The BCC and the mass media can jointly play a pivotal role in building a competitive...

Interior Design Award 2024 announced

2024-06-30 12:00:00

The Interior Designers Association of Bangladesh (IDAB) will organise "IDAB Excellence in Interior Design Award 2024" in November for the first time, reports UNB.The organisers shared the comprehensive planning of the event at a press briefing at Biswa Sahitya Kendra...

NBR officials should be rewarded with promotion for good work

2024-06-30 12:00:00

FE ReportOfficials at the National Board of Revenue (NBR) should not be entitled to any cash incentives for their good work, rather they should be rewarded with promotion, a senior official at the finance ministry has said.The ones who failed...

A major intervention to improve working conditions in Bangladesh

Hasnat M Alamgir | 2024-06-30 12:00:00

A series of major disasters over the last several years, including a fire incident that killed 112 workers and a factory building collapse that killed 1,122 workers, have provoked widespread calls domestically and internationally to improve the workplace health and...

Neo-cybercrime doubled in 2023

2024-06-30 00:00:00

FE REPORT The number of new types of cybercrime has more than doubled in 2023, accounting for 11.85 per cent of total crimes, according to a latest study.The survey report has also revealed a decrease in cybercrime-affected children under 18...

Kohli’s 76 gives India 176

2024-06-30 00:00:00

India set a 177-run target in their T20 World Cup final clash against South Africa at Kingstown on Saturday. India were 176 at the end of their innings as they posted the highest score in a T20 World Cup final.India...

Trade imbalance alarming amid import surge, export squeeze

JASIM UDDIN HAROON | 2024-06-30 00:00:00

Bangladesh continues to see its trade gap widen as imports far outstrip export receipts as per latest official data that show dismal imbalances on April count. The April deficit in monthly turnover of trade in goods and services was as...

HSC exams begin today--

2024-06-30 00:00:00

Higher Secondary Certificate (HSC) and equivalent examinations of 2024 will begin across the country today (Sunday), reports BSS.A total of 1,450,790 examinees from 9,463 educational institutions under 11 education boards -- nine general education boards, one madrasah board and one...

Budget to help economy regain pre-Covid momentum

FE REPORT | 2024-06-30 00:00:00

Finance Minister Mahmood Ali said on Saturday that the country's economy could be brought back to the pre-Covid state by implementing the fiscal measures proposed in the budget for the FY2025.Delivering his closing speech on the proposed national budget in...

Central bank’s cash injections ease banking liquidity crisis

JUBAIR HASAN | 2024-06-30 00:00:00

Commercial banks appear to be recovering gradually from a persistent liquidity crisis, helped by cash injections from the central bank despite ongoing tight monetary policy, according to officials and bankers. This much-anticipated improvement is reflected in two key indicators of...

Tough anti-graft drive underway

FE Report | 2024-06-30 00:00:00

Prime Minister Sheikh Hasina on Saturday said the country would advance one step ahead through implementing the proposed budget for the fiscal year 2024-25.Delivering her budget speech in Parliament, the premier warned that the government had started a tough anti-corruption...

Black money-holders laugh, loan defaulters to grumble

DOULOT AKTER MALA | 2024-06-30 00:00:00

A 'no pay, no claim' measure is adopted on interest expenses to accelerate repayment of loans as parliament Saturday passed the finance bill with contentious provisions for black-money whitening and duty-free car import. In another major fiscal measure, opposed by...

60 hospitalised with dengue

2024-06-30 00:00:00

Sixty people were hospitalised with dengue fever in 24 hours until Saturday, reports UNB.Of them, 30 patients were hospitalised in Dhaka city, while the rest were outside the capital, according to the Directorate General of Health Services (DGHS).Currently, 178 patients...

DNCC demolishes nine illegal buildings at Mohammadpur

2024-06-30 00:00:00

FE REPORTDhaka North City Corporation (DNCC) on Saturday demolished nine buildings, a gate and some other illegal structures in the city's Mohammadpur area. With these, the Corporation has demolished around 70 illegal buildings and recovered 20 bighas of land from...

Light rain likely today .........

2024-06-30 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Rajshahi, Dhaka, Mymensingh, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 today (Sunday), according to the...

WFP gives food aid for BD flood-affected people

2024-06-30 00:00:00

The United Nations World Food Programme (WFP) are providing emergency assistance to communities affected by the severe flooding in Sylhet and Sunamganj districts in northeast Bangladesh, reports UNB."Our priority is to ensure that the most vulnerable families, who were already...

A crowd of onlookers gathered at the scene of the crash where a bus of Star Line Paribahan overturned

2024-06-30 00:00:00

A crowd of onlookers gathered at the scene of the crash where a bus of Star Line Paribahan overturned on the Dhaka-Chattogram highway in Sitakunda of Chattogram on Saturday killing a person and injuring 14 others. — Focus Bangla

Arafat for pledge to ensure honesty in disclosing info

2024-06-30 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat on Saturday put emphasis on making a vow to ensure honesty in disclosing information to establish peace in society, reports BSS."Existence of differences of opinion is a beauty of society and...

President asks SSF to ensure public relations of VVIPs

2024-06-30 00:00:00

President Mohammed Shahabuddin on Saturday directed to maintain good relations, close communication and coordination between all partner agencies in creating a security zone for VIPs, reports UNB.He said this in a brief speech before the 38th anniversary celebration of the...

E-com scamsters yet to refund Tk 1.25b to customers

2024-06-30 00:00:00

FE REPORTDozens of scam-hit e-commerce companies like Eorange Shop have still to pay an estimated Tk 1.25 billion back to their credulous clients.Sources said the refund activity was going on at a snail's pace.The volume of clients' stuck-up funds with...