FE REPORT | 2023-07-03 00:00:00
Land acquisition and car buy are embargoed by the government under a fresh austerity recipe for the new fiscal year by citing the lingering global financial crunch.An official circular issued Sunday carries government orders limiting or suspending some operating and...
FE REPORT | 2023-07-03 00:00:00
The state-run Bangladesh Petroleum Corporation (BPC) will import up to 1.585 million tonnes of refined petroleum products through tender during July-December period (H2) of 2023, which is around 4.0 per cent lower than that of the second half of 2022.The...
Carrying bag and baggage, holidaymakers returning to Dhaka after enjoying their Eid-ul-Azha holiday in their native homes. The photo was taken at Sadarghat Launch Terminal on Sunday, the first working day after the Eid holiday — FE photo by Shafiqul...
Monira Munni | 2023-07-03 00:00:00
Inter-apparel diversification through innovations suiting demand side and boosting productivity with up-skilled workforce are deemed among tasks of the time for Bangladesh's export industry to navigate emerging challenges.A latest central-bank report on its findings also says exporting the readymade garments...
FE REPORT | 2023-07-03 00:00:00
Foreign-exchange inflows from expatriate Bangladeshis through formal channel amounted to about US$2.2 billion in June, as per official data, in a rise on the back of a festival binge. The remittance amount in a single month, ahead of the Eid-ul-Azha,...
JASIM UDDIN HAROON | 2023-07-03 00:00:00
Bangladesh is facing tightrope balancing on the financial front with external payments imbalance staying high, as per May data, apparently following guarded relaxing of import restrictions to feed the economy.The country's current-account deficit widened, according to the statistics available until...
REZAUL KARIM & YASIR WARDAD | 2023-07-03 00:00:00
Volatility persists in the green chilli market due to slow progress in imports and a significant decline in summer crop production, leading to retail prices of Tk 500-800 per kilogram in the city on Sunday.Since June 26, when the agriculture...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Rajshahi, Mymensingh and Sylhet divisions in the next 24 hours from 06:00 am today (Monday), according to the Met Office.It may...
BHOLA, July 02 ( UNB): COAST Foundation, a nonprofit organization dedicated to coastal community development, provided its support for the families affected by the tragic fishing trawler incident that occurred on June 25 in Bhola district.
FE REPORT Detective Branch (DB) police arrested four people for their alleged involvement in killing a traffic police constable, Moniruzzanan Talukder.A team of Dhaka metropolitan DB police during a raid arrested them from different areas of the capital city on...
Commander of Chattogram Naval Region Chief Staff Officer Captain Fayaz welcomed Captain of French Navy Ship FS Surcouf upon his arrival at the Chattogram Port jetty on Sunday on a five-day goodwill visit — ISPR
Two more people died from dengue in the 24 hours until Sunday morning, reports UNB.With the new number, the official death toll from dengue rose to 52 this year, according to the Directorate General of Health Services (DGHS).During the period,...
FE REPORT | 2023-07-03 00:00:00
The third death anniversary of Latifur Rahman, founding chairman of Transcom Group, one of the leading business groups of the country, was observed on Saturday. A special prayer session on this occasion was held at the deceased's Gulshan residence in...
The Foreign Ministry on Sunday summoned Chargé d'Affaires (CDA) at the Swedish Embassy in Dhaka Jakob Etaat to protest burning of a copy of the Holy Quran outside a mosque in Stockholm, reports BSS.Earlier, condemning the deplorable act, the foreign...
FE REPORTOfficials have warned that Sylhet, Netrokona, Sunamganj and adjoining upstream regions in north-eastern Bangladesh are at risk of experiencing short-term flooding due to heavy rainfall until Tuesday. Low-lying areas in northern Lalmonirhat district may also witness short-term floods caused...
SM Najmus SakibNative plant species in the country's protected areas (PAs), including Sundarbans, are under threat as a stunning number of invasive foreign plants have been detected inside the local flora reserves.These invasive plants can endanger extinction of the native...
A statement falsely attributed to Bangladesh Prime Minister raised at a US state department briefing by a former press official of Begum Khaleda Zia reiterated the call by rights activists and journalists for not counting on "single and controversial" source...
Information and Broadcasting Minister Hasan Mahmud on Sunday said Awami League has no connection with Jamaat-e-Islami, reports UNB." Jamaat was given permission to hold a rally as it is a political party and they asked for permission," the minister said.Hasan...
Deputy Secretary-General of the United Nations (UN) Amina J Mohammed on Sunday paid a courtesy call on the Jatiya Sangsad (JS) Speaker Dr Shirin Sharmin Chaudhury at the latter's JS office in the city on Sunday, reports BSS.During the meeting,...
BNP senior leader Ruhul Kabir Rizvi on Sunday alleged that the law and order situation in the country has collapsed as the law enforcers are being used to secure the ruling party's interests, reports UNB.Speaking at a press briefing at...
A Dhaka court on Sunday set July 12 for holding hearing on charge framing in a case for observing fake birthday on National Mourning Day and July 20 for indictment hearing in another case for stigmatizing the War of Liberation...
Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Sunday said that the country's election won't be held as per anyone's prescription. It will be held according to the constitution, he said, reports UNB.He came up...
BEIJING, July 2 (Reuters): New home prices in China edged down in June from the previous month, marking a second straight month of declines, and housing sales are likely to remain weak over the summer when demand is usually at...
Investment Corporation of Bangladesh (ICB) has been awarded for the implementation of Annual Performance Agreement (APA). The company secured 2nd position in the evaluation of APA among the non-bank financial institutions for FY 2021-22. Secretary of the Financial Institutions Division...
Egypt is executing eight new projects worth over $5 billion as part of its strategy to modernize the country's petroleum sector, with a key focus on refining and manufacturing expansions, reports Arab News.The Egyptian Ministry of Petroleum and Mineral Resources...
Chinese coffee producers are considering Bangladesh as new destination to export their products and coffee beans, reports UNB."We have been producing the best coffee in China and want to export it to Bangladesh," said Deng Jialu, manager of Beigui Coffee...
The overall customer payments made through the Saudi Arabian Riyal Interbank Express in May increased 28.98 per cent to SR1,075.13 billion ($286.61 billion) compared to SR833.63 billion in April, revealed the latest data from the Saudi Central Bank, also known...
Titas Gas Transmission and Distribution Company Limited held an Eid reunion and discussion at its head office in Dhaka on Sunday. Managing Director Md Haronur Rashid Mullah presided over the event.
Bangladesh Infrastructure Finance Fund Limited (BIFFL) hosted its 12th annual general meeting (AGM) on a virtual meeting platform recently. Fatima Yasmin, chairman of BIFFL and senior secretary to the Finance Division, Ministry of Finance, presided over the AGM. In the...
Nazimuddin Shyamol | 2023-07-03 00:00:00
CHATTOGRAM, July 02: The second unit of the Eastern Refinery Limited (ERL), which is likely to be constructed soon, will meet the fuel demand and ensure fuel security of the country. Once the second unit of ERL is completed, it...
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