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Briefing 2023-06-18

2023-06-18 00:00:00

Companies moving up floor price: How much it matters for market recoveryAs many as 59 companies have moved above the floor price on the Dhaka Stock Exchange (DSE) since the first week of March, but their gains have hardly made...

Income Tax Bill likely to be passed today

Doulot Akter Mala | 2023-06-18 00:00:00

The Income Tax Bill-2023 is likely to be passed by Parliament today with major changes including a relief for the bank depositors having current or savings accounts.Under the law, if enacted, bank depositors having only fixed deposit above Tk 1.0...

Agro products export makes significant fall

FHM Humayan Kabir | 2023-06-18 00:00:00

Bangladesh's impressive agro products export has made a significant fall in the outgoing fiscal from its billion-dollar-export-earning club due to the government's policy intervention and the decline in global demand.Business insiders and regulators said the global economic turmoil and the...

Remittance from KSA on unrelenting fall

Arafat Ara | 2023-06-18 00:00:00

Inward remittance from the Kingdom of Saudi Arabia (KSA) has been on a downturn for the last two fiscal years from its recent peak registered in FY 2020-21 despite a substantial rise in the labour migration to the major job...

Policy rates to rise, bank lending caps go

JUBAIR HASAN | 2023-06-18 00:00:00

A more 'cautious' monetary policy statement (MPS) is likely to be announced today (Sunday), introducing three major regulatory stances believed to be pressure-easing panacea for the under-stress money market and overheated consumer prices. Official sources said the MPS the Bangladesh...

SCRF demands exemplary punishment for journalist Nadim's killers

2023-06-18 00:00:00

Shipping and Communication Reporters Forum (SCRF) has demanded exemplary punishment for those involved in the murder of journalist Golam Rabbani Nadim in Jamalpur, reports UNB. President Ashish Kumar Dey and general secretary Lion Jahangir Alam made this demand in a...

Netrakona AL brings out procession protesting anti-state activities of BNP-Jamaat

2023-06-18 00:00:00

NETRAKONA June 17 (BSS): A peace procession was brought out here today by Netrakona district Awami League (AL) in protest against anti-state activities byBNP-Jamaat in the name of political movement.A large number of workers and leaders of AL and its...

BNP leader Mosharraf hospitalised

2023-06-18 00:00:00

FE REPORT BNP standing committee member Khandakar Mosharraf Hossain has been admitted to hospital on Friday night as he felt unwell.He is now undergoing treatment at Evercare Hospital in the capital's Bashundhara area.Member of BNP media cell Sairul Kabir Khan...

BNP's caretaker govt demand dies in field, says Hasan

2023-06-18 00:00:00

CHATTOGRAM, June 17 (BSS): Information and Broadcasting Minister and Awami League (AL) Joint General Secretary Dr Hasan Mahmud on Saturday said BNP's demand for a polls-time caretaker government had died in the field."BNP's demand for a caretaker government had died...

All BNP leaders united to join polls only under neutral govt

2023-06-18 00:00:00

BNP Standing Committee member Nazrul Islam Khan termed on Saturday Awami League General Secretary Obaidul Quader's assertion that many BNP leaders are preparing to join the next election under a partisan government a 'sheer lie', reports UNB."Why are only many...

Khaleda returns home from hospital

2023-06-18 00:00:00

BNP Chairperson Khaleda Zia returned to her Gulshan residence on Saturday evening after receiving treatment for four days at Evercare Hospital in the city, reports UNB."Madam was discharged from the hospital as per the decision of the medical board. The...

BD not concerned about new US visa policy: Quader

2023-06-18 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Saturday said Bangladesh is not concerned about the new US visa policy, reports UNB."We can have our own visa policy as well. We are capable of implementing...

UCVs' work towards community resilience

2023-06-18 00:00:00

In the bustling city-life of Bangladesh, a group of unsung heroes emerged amidst the risks of urban hazards like fire outbreaks, waterlogging, earthquakes, dengue and landslides. These heroes are the Urban Community Volunteers (UCVs) who dedicated themselves to helping those...

Science unit intake test held

DU Correspondent | 2023-06-18 00:00:00

Admission test for the undergraduate programme under science unit for the academic session 2022-23 at the seven colleges affiliated with Dhaka University (DU) was held on Saturday.With total marks 120, the test was held from 11am to 12am, said a...

Rain makes Dhaka's air quality 'moderate'

2023-06-18 00:00:00

Dhaka's air quality was 'moderate' this morning, thanks to the rain on Friday night, reports UNB.With an air quality index (AQI) score of 98 at 8:52 am, the capital of Bangladesh ranked 12th among cities worldwide with the worst air...

Bangladesh Air Force Women Welfare Association (BAFWWA) president Tahmida Hannan inaugurates tree

2023-06-18 00:00:00

Bangladesh Air Force Women Welfare Association (BAFWWA) president Tahmida Hannan inaugurates tree plantation programme by planting a sapling on the BAFWWA office premises in the city on Saturday — ISPR

BD, Sweden exchange views on Rohingya crisis

2023-06-18 00:00:00

State Minister for Foreign Affairs Md Shahriar Alam has exchanged views on different bilateral, regional and international issues of mutual interests and concerns with the cross-party Parliamentary Committee on Foreign Affairs of the Swedish Parliament Riksdag in Stockholm, reports UNB.The...

Four more die of dengue--

2023-06-18 00:00:00

Four dengue patients died and 477 were admitted to hospitals in the country during the past 24 hours until Saturday morning, reports BSS."A total of 402 were hospitalised in Dhaka city and 75 were outside it with dengue," a press...

Nationwide vitamin A-plus campaign today

2023-06-18 00:00:00

The National Vitamin A-plus campaign will be conducted today (Sunday) with a target to feed over 22.0 million (2.20 crore) children aged six months to 59 months vitamin A-plus capsule to prevent childhood blindness and reduce child mortality in the...

Keep inflation within 6.0pc

FE REPORT | 2023-06-18 00:00:00

Containing inflation and safeguarding the vulnerable new poor should get priority while implementing the budget for the next fiscal year, economists told a roundtable on Saturday.Proper implementation of the social safety-net programme, capacity building ahead of LDC graduation, and making...

Russia maintains economic stability despite challenges

2023-06-18 00:00:00

ST. PETERSBURG, June 17 (XINHUA): Russia has successfully maintained economic stability in the face of "unprecedented challenges," President Vladimir Putin said on Friday."Positive macroeconomic trends are gaining momentum and becoming increasingly apparent," Putin said during a plenary session of the...

BoE set to raise rates to 4.75pc

2023-06-18 00:00:00

LONDON, June 17 (Reuters): The Bank of England looks set to raise interest rates by a quarter point to a 15-year high of 4.75 per cent on June 22, its 13th straight rate rise as it fights unexpectedly sticky inflation...

The Institute of Chartered Secretaries of Bangladesh (ICSB) celebrated the 13th Anniversary of Establishment Day of ICSB at a city hotel on Friday. ICSB Mohammad Asad Ullah,

2023-06-18 00:00:00

ICSB CELEBRATES 13TH ANNIVERSARY The Institute of Chartered Secretaries of Bangladesh (ICSB) celebrated the 13th Anniversary of Establishment Day of ICSB at a city hotel on Friday. ICSB Mohammad Asad Ullah, Senior Vice President M Nurul Alam, and Treasurer Mohammad...

Govt sits next week to fix rawhide prices

2023-06-18 00:00:00

FE ReportThe government will sit with the traders, associations and other stakeholders next week to fix the prices of sacrificial animals' rawhides to be collected during the upcoming Eid-ul-Azha, said sources. "The meeting is supposed to be held on Sunday...

Ispahani Foods wins Nat’l Productivity and Quality Excellence Award

2023-06-18 00:00:00

Ispahani Foods Limited has been awarded the National Productivity and Quality Excellence Awards 2021 in the Medium Industry Category (Foods) by the Ministry of Industries. Director of Ispahani Group Zahida Ispahani received this prestigious award from Industries Minister Nurul Majid...

Fabrik Lagabe, Markopolo.ai named best start-ups

FE REPORT | 2023-06-18 00:00:00

Two start-ups -- "Fabrik Lagabe Ltd." and "Markopolo.ai" -- secured the first position jointly in the BIG 2023 competition while other top 50 start-ups received Tk 1.0 million each.This year's session of "Bangabandhu Innovation Grant (BIG) 2023" concluded with an...

IFAD president calls for increased investment in rural transformation

2023-06-18 00:00:00

HYDERABAD, June 17 (UNB): Alvaro Lario, President of the International Fund for Agricultural Development (IFAD), made a strong pitch for increased investment in small-scale farmers and rural communities at the G20 Agriculture Ministers' meeting in Hyderabad, India, held on June...

Pakistan's participation at WC in India subject to govt approval

2023-06-18 00:00:00

LAHORE, June 17 (PTI): Pakistan Cricket Board (PCB)'s chairman Najam Sethi cast fresh doubts over its participation in the ODI World Cup in India, saying it is "subject to government approval", putting the ICC in a bind before the schedule...

Shakib, Tamim return from injuries

2023-06-18 00:00:00

CHATTOGRAM, June 17 (Agencies): The Bangladesh Cricket Board (BCB) has announced the ODI squad for Bangladesh's upcoming series against Afghanistan, scheduled to take place next month in Chattogram.Tamim Iqbal will lead the team during this series, with Shakib Al Hasan...

Tigers' multiple records

2023-06-18 00:00:00

Bangladesh beat Afghanistan by 546 runs in the one-off Test in Dhaka, thus achieving their highest victory margin in Tests, and the third highest in the format's history, report agencies.Here's a look at the records that were re-written and broken...