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Prayer Timings (2023-08-02)

2023-08-02 00:00:00

People seeking to go to Qatar for jobs

2023-08-02 00:00:00

People seeking to go to Qatar for jobs wait on the road near the Qatar Visa Centre, which provides various services related to visa processing, at Bangla Motor in Dhaka on Tuesday. As the Visa Centre allows only a handful...

11yrs on, BR meets 5.0pc target only

MUNIMA SULTANA | 2023-08-02 00:00:00

Even after the lapse of 10 years, the railways could meet only 5.0 per cent of its target to develop dual-gauge track to operate both metre- and broad-gauge trains.The delay is due to inability on part of the Bangladesh Railway...

July remittance inflow drops 6.0pc to $1.97b

FE REPORT | 2023-08-02 00:00:00

Remittance sent home by overseas Bangladeshis fell by nearly 6.0 per cent to US$ 1.97 billion in July, the first month of the current fiscal year, 2023-24, according to the Bangladesh Bank's (BB) latest figures. It was $2.09 billion in...

Dengue claims 10 more lives

FE REPORT | 2023-08-02 00:00:00

The government on Tuesday reported 10 more deaths from the mosquito-borne dengue fever, mostly from Dhaka.With this, the total casualties stood at 261, including 206 from Dhaka, according to the Directorate General of Health Services (DGHS).Besides, 2,584 new dengue patients...

Current-account deficit little cured, reserves crunch not

JUBAIR HASAN | 2023-08-02 00:00:00

Bangladesh sees its current-account deficit (CAD) recoup slowly with export and remittance earnings outstripping tightfisted import spending meant to weather dollar dearth, official data showed.The marginal surplus in the out-of-pocket spending from the nation's purse, however, fails to cushion the...

Bangladesh apparel earns US accolade

MONIRA MUNNI | 2023-08-02 00:00:00

US-based fashion companies rated Bangladesh high as the topmost competitive country in terms of product prices among world's apparel-manufacturing countries, according to a latest report.While majority of the participants reported to decline sourcing from China, none was willing to do...

Weather (2023-08-02)

2023-08-02 00:00:00

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

BD logs 75 Covid cases, one death

2023-08-02 00:00:00

Bangladesh has recorded 75 new cases of Covid-19 in a day, taking the overall tally of infections to 2,044,532, reports bdnews24.com.The death toll from the disease rose by one in 24 hours to 29,473, according to the latest government data...

Newly appointed Comptroller and CAG of Bangladesh Md Nurul Islam paid tributes to Father of the Nation

2023-08-02 00:00:00

Newly appointed Comptroller and Auditor General (CAG) of Bangladesh Md Nurul Islam paid tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his mausoleum in Tungipara, Gopalganj on Saturday

'Commonwealth Business Excellence Award 2023'

2023-08-02 00:00:00

Ishtiaque Abedin, founding member and chairman of the Board of Trustees of American International University, Bangladesh (AIUB), was honoured with the 'Commonwealth Business Excellence Award 2023' at the Commonwealth Partnership Summit and Business Excellence Awards- 2023 function in Singapore recently...

Journalist Enayat Rasul passes away

2023-08-02 00:00:00

Veteran journalist Enayat Rasul passed away at a city hospital on Monday at the age of 72, says a statement. He died of cardiac arrest.He left behind wife, one son, one daughter, a host of relatives and well-wishers to mourn...

Engineer among 4 injured as tree collapses in city

2023-08-02 00:00:00

Four people including the engineer of Public Works Division were injured when a tree collapsed on top of a private car and a rickshaw in Dhaka's Central Shaheed Minar area on Tuesday, reports UNB.The injured were identified as Sohel Rahman,...

SC dismisses petition challenging legality of 290 MPs' oath-taking

FE REPORT | 2023-08-02 00:00:00

The Appellate Division of the Supreme Court (SC) on Tuesday upheld a High Court order that rejected a writ petition which challenged the legality of oath-taking by 290 Awami League alliance lawmakers, who were elected in the polls held on...

BD start-ups' funding slow as $43.3m raised in H1

FE REPORT | 2023-08-02 00:00:00

Funding for Bangladeshi start-ups remain sluggish as the local companies raised US$43.3 million in the first half (H1) of the calendar year.The figure is almost half of the $91.3 million received by the local start-ups in the corresponding period of...

AL announces its sub-committee on industry, commerce

2023-08-02 00:00:00

Awami League (AL) announced its sub-committee on industry and commerce affairs for the period of 2023-2025 on Monday night, reports UNB.Obaidul Quader, General Secretary of AL, approved the 88-member sub-committee following the instructions of AL President and Prime Minister Sheikh...

10 Jamaat men held in Narail

2023-08-02 00:00:00

NARAIL, Aug 01 (BSS): Police during different drives arrested 10 Jamaat activists at Sadar upazila here last night.Officer-in-Charge of Narail Sadar Thana Md Obaidur Rahman said the arrestees were accused of involving subversive activities and a case was filed against...

Jamaat wants to hold rally Aug 4 at Suhrawardy Udyan

2023-08-02 00:00:00

Jamaat-e-Islami Bangladesh sent a letter to the Dhaka Metropolitan Police (DMP) Commissioner seeking permission to hold a rally at Suhrawardy Udyan on August 4 (Friday), reports UNB. A group of Jamaat-e-Islami leaders led by Advocate Abdur Razzak, party counsel, submitted...

AL observes first day of Mournful August

2023-08-02 00:00:00

The first day of the mournful month of August commemorating the brutal assassination of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and most of his family members on August 15, 1975, was observed with paying glowing tributes to him,...

BNP gets recognition as terrorist organisation for 5th time: Hasan

2023-08-02 00:00:00

RANGPUR, Aug 01 (BSS): Information and Broadcasting Minister and Awami League (AL) Joint General Secretary Dr. Hasan Mahmud on Tuesday said BNP has once again been recognised internationally as a terrorist organisation for the fifth time."The Federal Court of Canada...

AL turns BD into a deep state, alleges Fakhrul

2023-08-02 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir alleged that the Awami League government has turned Bangladesh into a 'deep state' by using the state machinery to cling to power, reports UNB."They (AL) are using the state machinery, including the law...

70pc people eagerly waiting to cast votes for Hasina: Quader

2023-08-02 00:00:00

RANGPUR, Aug 01 (BSS): Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader today said Prime Minister Sheikh Hasina will reveal her dream centring the country's northern region at today's (Wednesday) public rally in the city.He...

Indian shares muted as caution over elevated valuations offsets IT uptick

2023-08-02 00:00:00

BENGALURU, Aug 1 (Reuters): Indian shares closed little changed on Tuesday, as a broad sectoral slide on caution over elevated valuations overpowered the uptick in IT stocks.The Nifty 50 index settled 0.10 per cent lower at 19,733.55, while the S&P...

BP boosts dividend even as profit slumps 70pc to $2.6 billion

2023-08-02 00:00:00

LONDON, Aug 1 (Reuters): BP's second-quarter profit slumped 70 per cent from a year earlier to $2.6 billion, missing forecasts, as refining margins and oil trading income fell, but still allowing the energy giant to boost its dividend by 10...

Apple, Microsoft remain world's top 2 companies by market cap

2023-08-02 00:00:00

Tech giants Apple and Microsoft remained the top two global companies by market capitalisation at the end of July after riding this year's rally in technology shares, reports Reuters.Apple last month became the first company in the world to reach...

Equity hedge funds get crushed by bearish bets in July

2023-08-02 00:00:00

NEW YORK, August 1 (Reuters): Global long/short hedge funds, those that bet stocks will fall or rise, were forced to unwind bearish bets that were dragging down performance in July, a Goldman Sachs report showed on Monday.Long/short funds are on...

Mercantile Bank donated five power tillers

2023-08-02 00:00:00

Mercantile Bank Limited (MBL) donated five power tillers to as many farmers at Sindurpur in Feni recently from the special CSR fund of the bank. Hasne Alam, Deputy Managing Director and CBO of MBL, handed over the power tillers to...

Southeast Bank held 701st Board meeting

2023-08-02 00:00:00

Southeast Bank Limited held its 701st Board meeting on Tuesday. At the beginning of the meeting, the Board members participated in a Doa Mahfil organised as part of the bank's month-long programmes marking the National Mourning Day, the death anniversary...

Modhumoti Bank donated Tk 5.0 million to Prime Minister's Education Assistance Trust

2023-08-02 00:00:00

Modhumoti Bank Limited donated Tk 5.0 million to the Prime Minister's Education Assistance Trust on Monday as part of the bank's CSR programme. Managing Director & CEO of the bank Md Shafiul Azam handed over the cheque to Managing Director...

BSEC asks Progressive Life to reconstitute its board

FE REPORT | 2023-08-02 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) has asked Progressive Life Insurance Company Ltd. to reconstitute its board by appointing five independent directors nominated by the regulator.The company has also been asked to hold its pending annual general meetings (AGMs).The...