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Teesta may cross danger mark at Dalia in B'putra basin

2023-06-22 00:00:00

The Teesta may cross danger mark (DM) at Dalia point due to continuous rise in water level following monsoon rains and onrush of water from the upstream in the last 24 hours ending at 9 am Wednesday, reports BSS.Bangladesh Water...

Court orders freezing all immovable property of Alesha Mart

FE REPORT | 2023-06-22 00:00:00

A Dhaka Court on Wednesday directed authorities concerned to freeze all immovable property of scam-hit e-commerce-platform Alesha Mart. It also issued a travel ban on Alesha Mart Chairman Manjurul Alam Sikder and three others in the case. The three others...

DIG Mizan gets 14-yr jail term in graft case

FE REPORT | 2023-06-22 00:00:00

A Dhaka court on Wednesday sentenced former Deputy Inspector General of Police (DIG) Mizanur Rahman to 14 years' imprisonment in a case filed on charge of amassing wealth beyond known sources of income and concealing information in his wealth statement....

Japan provides 500m yen for 4th primary edn programme

2023-06-22 00:00:00

Japan has provided another 500 million yen in grant aid for the Fourth Primary Education Development Programme (PEDP4) as part of Tokyo's continued support for Bangladesh's education sector, reports UNB.The Exchange of Notes, formalizing this agreement, was signed by Ambassador...

Forex reserves likely to rise on govt steps

2023-06-22 00:00:00

Prime Minister Sheikh Hasina on Wednesday said an improvement in foreign-exchange reserves is likely in the coming days as a number of measures such as discouraging unnecessary imports and encouraging remittance inflow have been taken by the government. The prime...

BGMEA looks to tap $100b RMG market by 2030

FE REPORT | 2023-06-22 00:00:00

The apex apparel-body BGMEA has started developing high-end fashion items using local heritage stuff, including fabrics, in a bid to earn $100 billion from garment exports by 2030.The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) steps include raising its global...

Briefing 2023-06-22

2023-06-22 00:00:00

8 cos to be downgraded to Z category for failing to pay dividends for FY22Eight companies of the DSE's main board are going to be downgraded from A and B category to Z category for failing to pay the dividends...

Prayer Timings (2023-06-22)

2023-06-22 00:00:00

Capital machinery, raw material imports down

FHM HUMAYAN KABIR | 2023-06-22 00:00:00

Capital machinery, intermediate goods and raw-material imports have plummeted amid dollar dearth and restrained foreign trade, giving analysts and economists to believe that Bangladesh’s economy bears its cascading impact.The slump may result in production contraction and further consumer-market waywardness, they...

Liton wins in RCC polls, Anwaruzzaman in SCC

2023-06-22 00:00:00

Awami League-backed mayoral candidate AHM Khairuzzaman Liton has won the Rajshahi City Corporation election with a huge margin while Awami League-nominated mayoral candidate Anwaruzzaman Chowdhury won the Sylhet City Corporation (SCC) election, reports UNB. The incumbent mayor bagged 160,290 votes...

Directors' tenure extension to hit governance, say economists

FE REPORT | 2023-06-22 00:00:00

Enhancement of tenure of sponsor directors and inclusion of a provision for not treating wilful defaults of their subsidiary companies as defaulters draw a lot of flak from experts and economists.According to them, such a provision will certainly affect governance...

An IOC-pampering model deal gets thru anytime

M AZIZUR RAHMAN | 2023-06-22 00:00:00

Long-delayed hydrocarbon search in the bay no longer looks far off as an IOC-pampering new model production-sharing contract (PSC) may be approved by Bangladesh government anytime soon. Sources have said the model PSC for deal-making with international oil companies (IOCs)...

BRICS membership to expand BD's trade horizons, says PM

2023-06-22 00:00:00

Prime Minister Sheikh Hasina has explained Bangladesh's decision to seek membership to the BRICS coalition, consisting of Brazil, Russia, India, China, and South Africa, reports bdnews24.com.Speaking at a media briefing on Wednesday about her recent trip to Switzerland, the prime...

Bank directors’ tenure catapulted to 12 years

FE REPORT | 2023-06-22 00:00:00

Last-minute strokes raise bank directors' tenure to 12 years from nine and allow a sister concern of a defaulting business group or a person to borrow from banks as the much-hyped Bank Company (amendment) Act 2023 was passed in parliament...

Forex reserves past $30b: BB

FE REPORT | 2023-06-22 00:00:00

The country’s foreign-currency reserves crossed $30-billion mark on Wednesday, according to the central bank data.The forex reserves stood at $30.016 billion as on June 21, which was $29.958 billion a day ago, the Bangladesh Bank (BB) statistics showed.Seeking anonymity, a...

Weather (2023-06-22)

2023-06-22 00:00:00

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

JU D-unit admission test for four shifts held

JU CORRESPONDENT | 2023-06-22 00:00:00

Honours course admission test for the first four shifts of 'D' unit under the Faculty of Biological Sciences of Jahangirnagar University (JU) for the academic year of 2022-2023 was held on Wednesday. Only the girl candidates participated in the test...

Bangladesh becomes ICIC EC member

2023-06-22 00:00:00

Bangladesh has become one of members of the International Conference of Information Commissioners (ICIC) executive committee (EC), reports BSS.Bangladesh got elected through the voting of 83 member states at the 14th ICIC conference held in Manila, Philippines on Wednesday.The nine-member...

Two die of dengue

2023-06-22 00:00:00

Two more deaths were reported from dengue in 24 hours until Wednesday morning, raising the fatalities from the mosquito-borne disease in Bangladesh to 38 this year, reports UNB.During the period, 360 more patients were hospitalised with the viral fever, according...

822 factories yet to pay May wages

FE REPORT | 2023-06-22 00:00:00

Some 822 industrial units, including readymade garment factories, across the country under the jurisdiction of Industrial Police (IP) did not pay wages for the month of May until Wednesday.A total of 9,915 units, including textile, garment and jute, located in...

PM asks BCG members to carry out its growing responsibility

2023-06-22 00:00:00

Prime Minister (PM) Sheikh Hasina on Wednesday said Bangladesh Coast Guard (BCG) will be developed as a modern and time-fitting force to carry out its growing responsibility, reports UNB."Our (its) responsibility will go up in future. Keeping eyes on it,...

Carbon emission in BD rose 31.48pc in 2012-19

FE REPORT | 2023-06-22 00:00:00

Head-on emission in the country witnessed a 31.48 per cent rise - from 0.98 tonnes of carbon dioxide equivalent in 2012 to 1.29 tonnes in 2019, revealed a government report.The Ministry of Environment, Forest and Climate Change, however, said the...

AL central working committee meet today --

2023-06-22 00:00:00

A meeting of Awami League (AL) Central Working Committee will be held at Ganabhaban, the official residence of Prime Minister Sheikh Hasina, at 10.30 am today (Thursday, reports BSS.Awami League (AL) President and Prime Minister Sheikh Hasina will preside over...

Two more witnesses testify in graft case against Tarique, Zubaida

2023-06-22 00:00:00

Two more prosecution witnesses (PWs) on Wednesday testified in a graft case against BNP acting chairman Tarique Rahman and his wife Zubaida Rahman, reports BSS.Afzal and Shanto appeared as PW-30 and 31 and submitted their depositions as seizure list witnesses...

Petition filed with HC to quash charges against Dr Yunus

2023-06-22 00:00:00

A petition has been filed with the High Court, seeking the quashing of charges framed against Nobel laureate Dr Muhammad Yunus in a case lodged over violation of labour laws, reports UNB.Barrister Abdullah Al Mamun filed the petition on behalf...

BNP was wrong to boycott polls: Liton

2023-06-22 00:00:00

RAJSHAHI, June 21 (BSS): AHM Khairuzzaman Liton, one of the three mayor candidates in Wednesday's election of Rajshahi City Corporation (RCC), has said the decision of Bangladesh Nationalist Party (BNP) to boycott the election is not right."BNP should take part...

Agents booted out of centres

2023-06-22 00:00:00

SYLHET, June 21 (UNB): Jatiya Party's mayoral candidate for Sylhet City Corporation election, Nazrul Islam Babul, has alleged that BCL and Jubo League leaders and activists are booting out agents for the 'plough' symbol from various centres."I have been getting...

BNP-centric political evil-force hinders country's democracy, says Quader

2023-06-22 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday said the undemocratic political evil-forces centering BNP is the main obstacle to country's democracy and fair elections, reports BSS.He said this in a statement sent...

India's Sensex hits all-time high; Nifty settles at a record close

2023-06-22 00:00:00

BENGALURU, June 21 (Reuters): India's benchmark Sensex stock index hit a record on Wednesday, while the Nifty 50 logged a new closing high amid sustained foreign inflows into Indian equities backed by the country's strong growth prospects.The S&P BSE Sensex...

UK inflation shock rocks markets as investors eye more rate hikes

2023-06-22 00:00:00

LONDON, June 21 (Reuters): Investors on Wednesday ramped up bets on the Bank of England raising interest rates by a hefty half a percentage point on Thursday as inflation failed to fall in May, sending Britain's two-year borrowing costs to...