Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday said there is no interference from the government in holding the 12th parliamentary elections on January 7, reports BSS. "As the Election Commission (EC) is...
The overall power generation capacity in the country has witnessed a significant increase of around 5000MW in 2023, reaching a record high of 30,700MW, reports UNB. However, the demand for electricity has not matched the growth according to available data...
FE REPORT | 2024-01-04 00:00:00
The High Court on Wednesday deferred for one week the hearing on its rule regarding granting bail to BNP Secretary-General Mirza Fakhrul Islam Alamgir in connection with a case filed over the attack on the residence of the Chief Justice...
NAZIMUDDIN SHYAMOL | 2024-01-04 00:00:00
CHATTOGRAM, Jan 03: In response to the demand from the business community, the authorities have put forth a plan to install a total of 1460 CCTV cameras at 490 locations along the 265-km Dhaka-Chattogram highway. This demand came as a...
FE REPORT | 2024-01-04 00:00:00
Contractual appointment of the National Board of Revenue (NBR) Chairman and Senior Secretary of Internal Resource Division (IRD), Abu Hena Md Rahmatul Muneem, has been extended for another two years.The Ministry of Public Administration (MoPA) on Wednesday issued a circular,...
Members of the Bangladesh Army patrol in military vehicles in front of the InterContinental Dhaka hotel in the capital, following their deployment across the country on Wednesday to assist with maintaining peace and security during the 12th national elections. —...
FE REPORT | 2024-01-04 00:00:00
Taking note of ongoing global and domestic macroeconomic challenges, the Bangladesh Bank (BB) has extended its relaxed internal credit risk rating (ICRR) system for another year. The move makes it easier for borrowers with weaker credit scores to access formal...
A piercing chill and dense fog obscuring the sun until midday characterise the weather four days before the 12th national election and it is likely to persist through the voting day (January 7), forecasts the Met Office. On Wednesday, the...
Awami League (AL) President and Prime Minister Sheikh Hasina on Wednesday urged the people to cast their votes for her party's election symbol 'boat' and ensure the victory to give a befitting reply to the atrocities of the BNP-Jamaat alliance,...
FE REPORT | 2024-01-04 00:00:00
Following a meeting with traders, the Ministry of Commerce (MoC) has announced it will formally request the Bangladesh Bank to allow zero-margin imports of six key food items ahead of the month of fasting, Ramadan.The meeting, held at the Secretariat,...
FE REPORT | 2024-01-04 00:00:00
The National Technical Advisory Committee on Covid-19 has suggested inoculating medically vulnerable people the fourth shot of coronavirus vaccine as concern rises over growing detection of a new sub-variant globally.The technical team, chaired by the team chief Prof Dr Mohammad...
SYFUL ISLAM | 2024-01-04 00:00:00
Despite debt-equity ratio of some private companies already having crossed the permissible limits, they have been allowed to take foreign-currency loans from multilateral lenders while Bangladesh reels from depleting foreign-exchange reserves.The companies sought the funds to open letters of credit...
Prime Minister Sheikh Hasina is set to address the nation today ahead of the 12th parliamentary elections, reports bdnews24.com.Awami League General Secretary Obaidul Quader said the premier will deliver her speech following the ruling party's final campaign event on Thursday...
DUBAI, Jan 3 (Reuters): Two explosions caused by 'terrorist attacks' killed more than 100 people and wounded scores at a ceremony in Iran to commemorate top commander Qassem Soleimani who was killed by a U.S. drone in 2020, Iranian officials...
MUNIMA SULTANA | 2024-01-04 00:00:00
A smokescreen cloaks company dilly-dallying as commuters wonder why Dhaka metro rail is not operated full time despite the opening of all its stations now. One obvious reason ostensibly is a state of confusion getting confounded among overlapping authorities over...
JASIM UDDIN HAROON AND JUBAIR HASAN | 2024-01-04 00:00:00
Bangladesh would need a fresh start on socioeconomic front to heal accumulated ills with decisive reformative actions after the forthcoming polls, as leading economists think entrenched uuncertainties may not all clear with elections.The most pressing problems currently confronting the nation...
HONG KONG, Jan 3 (Reuters): Global long-only funds offloaded China equities at the fastest pace of 2023 in December as they rushed to meet redemption requests and to diversify away from the world's second-largest economy, according to Morgan Stanley analysts.China...
HONG KONG, Jan 3 (AFP): Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this...
Jan 03 (Reuters): Intel said on Wednesday it was forming a new independent company around its artificial intelligence software efforts with backing from digital-focused asset manager DigitalBridge Group and other investors.Intel executives would not comment on the value of the...
LONDON, Jan 03 (Reuters): Fines imposed by Russian courts on Alphabet's Google and YouTube, Meta, TikTok and Telegram appear to have been settled as the companies are no longer registered as debtors in the state bailiffs' database.But the database, accessed...
SEOUL, Jan 03 (Reuters): South Korea's Hyundai Motor Co and affiliate Kia Corp forecast on Wednesday that their combined global sales will rise about 2 per cent in 2024, even as last year's sales fell short of target.The duo sold...
BEIJING, Jan 03 (Reuters): Some of China's top banks have sharpened scrutiny of smaller peers' asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis...
NEW DELHI, Jan 3 (Reuters): India's Supreme Court on Wednesday said the Adani Group does not need to face more investigations beyond the current scrutiny of the market regulator, a major relief for the conglomerate hit hard by a US...
Modhumoti Bank Limited donated Tk 0.4 million to Baira College, Tk 0.2 million to Singair Pilot Girls High School and Tk 0.2 million to Baira High School, Singair Upazila, Manikganj under the bank's CSR programme on Wednesday. A Mannan Khan,...
The trading of Bank Asia First Perpetual Bond, listed in the corporate bond sector of the capital market, began on January 01, 2024. In this regard, Shafiuzzaman, president and managing director (current charge) of Bank Asia, and Khairul Bashar Abu...
IDCOL signed a contract with the Ministry of Water & Energy, the Government of Ethiopia, at Addis Ababa for providing advisory services on implementation of a 'Solar Home System' programme recently.Dr Engr Sultan Welle Ahmed, State Minister for Energy Development,...
In an era marked by rapid technological advancements, Huawei South Asia and eGeneration Ltd, a leading IT company, jointly hosted a seminar titled 'Digital Transformation for Continuous Business Growth'.The seminar showcased the latest innovations in digital transformation, with a specific...
The Electricity Generation Company of Bangladesh (EGCB) Ltd, a state-owned power generation entity, is set to build three more solar power plants of 300MW( 100MW each) capacity at Sonagazi upazila under Feni district, reports BSS.To this end, EGCB has recently...
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