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DSE asked to look into Shyampur Sugar price jump

FE REPORT | 2023-12-12 00:00:00

The stock market regulator has asked the Dhaka Stock Exchange (DSE) to investigate unusual price movements of state-run Shyampur Sugar Mills.A probe report has to be submitted within 20 working days from December 10, as per an order issued by...

Arequl Arefeen promoted as DMD of Bank Asia

2023-12-12 00:00:00

The Board of Directors of Bank Asia Limited has promoted Mr. Arequl Arefeen to the position of Deputy Managing Director (DMD), according to a press release.Mr. Arefeen joined Bank Asia in the year 2003. Later on, he has been taken...

47th AGM of Apex Tannery held virtually

2023-12-12 00:00:00

The 47th AGM of Apex Tannery Limited was held virtually on Monday. Md. Abul Hossain presided over the meeting. Managing Director Md. Hedayetullah, Director Syed Nasim Manzur, independent director Dr. ATM Shamsul Huda, Chief Financial Officer Sajeeb Saha ACA, company...

Shipping Corporation's profit plunges to 8-quarter low, on low fare, export-import

FE REPORT | 2023-12-12 00:00:00

The Bangladesh Shipping Corporation (BSC) witnessed the lowest profit in eight quarters in July-September this year, thanks to a decline in vessel fare internationally coupled with lower export-import due to the persisting dollar crisis.When compared to the same quarter of...

Weather (2023-12-12)

2023-12-12 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Tuesday), according to the Met Office. The highest temperature in the country on Monday was recorded at 30.7 degrees...

Death toll rises to three --

2023-12-12 00:00:00

The death toll from the fire at a fuel filling station in city's Mohakhali area on December 06 rose to three, with the deaths of two more people on Sunday and Monday, reports UNB.The deceased were identified as Md Salauddin,...

HC clears way for Sonali Bank’s promotion policy

FE REPORT | 2023-12-12 00:00:00

The High Court (HC) has cleared the way for the authorities of the Sonali Bank Ltd (SBL) to continue with its promotion proceedings.The development came as the HC rejected a rule that questioned the legality of the promotion proceedings of...

General SM Shafiuddin Ahmed inaugurating 'Shaheed Colonel Arefin Library'

2023-12-12 00:00:00

Chief of Army Staff General SM Shafiuddin Ahmed inaugurating 'Shaheed Colonel Arefin Library' at Bangladesh Infantry Regimental Centre in Rajshahi Cantonment on Monday — ISPR

BD gets $400m ADB loan for climate priorities

FE REPORT | 2023-12-12 00:00:00

The Asian Development Bank (ADB) will provide US$400 million as policy-based loan to help Bangladesh implementing its National Adaptation Plan 2023-2050 and Nationally Determined Contributions 2021 Update to the Paris Agreement to achieve a climate-resilient inclusive development.Economic Relations Division (ERD)...

AL to bring out victory rally in city Dec 18

2023-12-12 00:00:00

The Awami League (AL) will bring out a victory rally in the city on December 18, marking the Great Victory Day, reports BSS.On that day, the victory procession will be brought out from the premises of the Institution of Engineers,...

21 BNP-Jamaat men jailed for several terms

2023-12-12 00:00:00

Twenty-one leaders and activists of BNP and Jammat-e-Islami were sentenced to different jail terms in two separate sabotage cases filed with Paltan and Gulshan thanas on Monday, reports UNB.A Dhaka court sentenced 10 leaders and activists of BNP and Jamaat-e-Islami...

EC restores candidatures of 51 more MP aspirants on second day

2023-12-12 00:00:00

As many as 51 aspirants got back their candidacy as the Election Commission (EC) on Monday heard their petitions and cleared the way for them to contest the upcoming national election on January 07, reports UNB.With the new 51 aspirants,...

HC rejects writ challenging polls schedule

FE REPORT | 2023-12-12 00:00:00

The High Court (HC) on Monday rejected a writ petition challenging the legality of the 12th parliament polls schedule by fixing the polling date on next January 7.The HC bench of Justice Mustafa Zaman Islam and Justice Md Atabullah passed...

Foreign observers show interest as polls will be fair: Hasan

2023-12-12 00:00:00

Information and Broad-casting Minister Dr Hasan Mahmud on Monday said that interest of foreign observers in the poll proves that a transparent, fair and participatory election is going to be held in the country and their arrival will be very...

Awami oligarchs are looting the market, alleges Rizvi

FE REPORT | 2023-12-12 00:00:00

The essentials market has been left in the control of syndicates so that they can provide the ruling party leaders with their election expenses, BNP leader Ruhul Kabir Rizvi said on Monday."Awami oligarchs are looting the market," he said, adding...

Obaidul Quader speaking at a joint meeting of the party’s central leaders

2023-12-12 00:00:00

Awami League General Secretary Obaidul Quader speaking at a joint meeting of the party’s central leaders, leaders of the Dhaka city south and north units, and the associate bodies' presidents and general secretaries at the party's Bangabandhu Avenue office in...

Assess if Bhola's gas can be used by establishing fertiliser unit

2023-12-12 00:00:00

Prime Minister Sheikh Hasina has directed the Power, Energy and Mineral Resources Ministry to assess if the gas of the island district of Bhola could be used by setting up a fertiliser factory there following conducting a feasibility study, reports...

Four more die of dengue ---

2023-12-12 00:00:00

Four more deaths were reported from dengue in 24 hours till Monday morning, raising the fatalities from the mosquito-borne disease in Bangladesh to 1,665 this year. During the period, 413 more patients were hospitalised with the viral fever, according to...

EC decides to deploy army from Dec 29

2023-12-12 00:00:00

The Election Commission (EC) has decided to deploy troops from December 29 ahead of the January 7 parliamentary polls. The decision came at a meeting of the EC officials with the Bangladesh Army's principal staff at the Nirbachan Bhaban on...

To fulfil brand aspirations, exporters seek govt support to continue for readiness fund

FE REPORT | 2023-12-12 00:00:00

Top Bangladeshi exporters have urged the government to continue support for the grant-based Export Readiness Fund (ERF). They argue that the fund -- designed to enhance factory compliance and boost the competitiveness of specific local exporting industries -- requires additional...

Green, sustainable financing falls by 6.42pc in Jul-Sept

SAJIBUR RAHMAN | 2023-12-12 00:00:00

Green and sustainable financing of banks and non-bank financial institutions (NBFIs) dropped by 6.42 per cent during the July-September 2023 over the previous quarter.According to the Bangladesh Bank, such funding in terms of loans was recorded at Tk 378.29 billion...

Khaleda moved back to cabin from CCU after two hours

2023-12-12 00:00:00

BNP Chairperson Begum Khaleda Zia, who has been undergoing treatment at Evercare Hospital in Dhaka for nearly four months, was moved back to the cabin again around two hours after she had been transferred to the Coronary Care Unit (CCU)...

Cox's Bazar tourism hard hit by political unrest

OUR CORRESPONDENT | 2023-12-12 00:00:00

COX'S BAZAR, Dec 11: Ongoing political unrest, is taking a toll on the business of the country's prime tourist town, Cox's Bazar. Many people willing to come to the tourist spot have apparently shelved their plan for now, leading to...

BD needs immediate climate funding to navigate challenges

2023-12-12 00:00:00

As the climate crisis mirrors the unpredictable and fast-flowing waters of the Padma River, the response to this emergency remains sluggish, particularly in the realms of mitigation, finance, and adaptation.This observation comes from Prime Minister Sheikh Hasina, as expressed in...

Briefing 2023-12-12

2023-12-12 00:00:00

Prayer Timings (2023-12-12)

2023-12-12 00:00:00

Foreign onions flowing in soon

FE REPORT | 2023-12-12 00:00:00

Foreign onions will be flowing in soon as the state trading agency is importing 1,000 tonnes of the kitchen item in the first deal to heal the latest market waywardness. The Trading Corporation of Bangladesh (TCB) is set to make...

UN urges swift action for global decarbonisation

YASIR WARDAD from DUBAI, UAE | 2023-12-12 00:00:00

UN Secretary-General António Guterres has called for the world to set its highest ambition for decarbonisation, aiming to limit the global temperature rise to 1.5 degrees Celsius. He made this statement on Monday during a pivotal moment at COP 28,...

Not labour issues, but political problems might be excuse

FE REPORT | 2023-12-12 00:00:00

Apparel owners rule out any grounds for US trade and economic sanctions centering labour issues in Bangladesh's garment industry rather apprehend political repercussions over the coming polls. According to them, no such labour situation has arisen in Bangladesh's readymade garment...

Most machines dysfunctional, new placement, replacement in dilemma

DOULOT AKTER MALA | 2023-12-12 00:00:00

This one happens to be a classic example of how huge revenue is suspected to be evaded. One Jabbar Ali sought electronically generated invoice after buying two whole grilled chickens from a restaurant but eventually had to receive manual one....