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Common currency in South Asia not possible now

FE Report | 2023-11-05 00:00:00

Introduction of a common currency in South Asia would not be possible at this moment, and before boosting regional trade and bringing down the trade imbalances among the countries.Cross-border trade barriers, high bureaucratic sensitivity, complex visa procedure, people-to-people relation, and...

Commuting on north-south metro rail begins today

FE REPORT | 2023-11-05 00:00:00

People are all agog to ride past Dhaka's nagging traffic impasse by overhead train as commercial operation of the city's maiden metro rail through its 20-kilometre corridor from Uttara to Motijheel starts today, after Saturday's ceremonial inauguration.At 7:30am, two trains...

Tax on private sector PF, other funds cut to 15pc

DOULOT AKTER MALA | 2023-11-05 00:00:00

The government has decided to cut the tax rate on private sector provident fund (PF), Gratuity Fund, Superannuation Fund and Pension Fund to 15 per cent from existing 27.5 per cent.The decision comes following wide-spread demands and recommendations from a...

Money stashed outside banks reverses course

JUBAIR HASAN | 2023-11-05 00:00:00

Deposits that flew out of banks' vaults for trust deficit and lower rates of return have now taken a reverse course to enter the banking channel, as banks have lately raised interest rates, sources said.According to officials and bankers in...

Dry weather likely today----------------------------------------------

2023-11-05 00:00:00

Weather may remain mainly dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Sunday), according to the Met Office. Night and day temperature may remain nearly unchanged over the country.The highest...

Two killed in Rangamati road accident

2023-11-05 00:00:00

RANGAMATI, Nov 04 (UNB): Two people were killed and 4 others were injured in a road accident at Bhedbhedi area in Rangamati on Saturday.The deceased were identified as Puri Chakma and Gunimala Chakma. The identities of the injured could not...

NSU holds admission test for Spring semester

2023-11-05 00:00:00

North South University (NSU) on Saturday held the admission test for the Spring 2024 semester on its campus in the city, says a statement. The event saw approximately 6,000 eager students vying for admission into various departments, supported by a...

Five of a family burnt in fire from 'gas leak' in N'ganj

2023-11-05 00:00:00

NARAYANGANJ, Nov 04 (UNB): Five members of a family sustained burn injuries as a fire broke out apparently from gas line leak at Aukoba Bazar in Rupganj upazila of Narayanganj on Friday night.The injured- Hasun Banu, 55, her husband Oli...

EC to brief President about national polls on Nov 09

2023-11-05 00:00:00

The Election Commission (EC) is set to meet with President Md Shahabuddin on November 9 to provide an update on the preparations for the 12th national parliamentary election, reports bdnews24.com.The meeting holds great significance, typically occurring before the election schedule...

PR of Bangladesh highlights its contribution to UN Peacekeeping

2023-11-05 00:00:00

Permanent Representative (PR) of Bangladesh to the UN Ambassador Muhammad A Muhith has portrayed Bangladesh's contribution to UN Peacekeeping and peace building as their sacred responsibility, reports UNB.Welcoming a US Army War College delegation at the Bangladesh Permanent Mission to...

City dwellers experienced huge traffic congestion on Saturday, the second day of the weekend, due to

2023-11-05 00:00:00

City dwellers experienced huge traffic congestion on Saturday, the second day of the weekend, due to various political gatherings and rallies across the capital. The photo was taken from Rajarbag Police Lines area. — FE Photo

Call for integrated energy grid in SA

FE REPORT | 2023-11-05 00:00:00

A well-established integrated energy grid in South Asia region can benefit all the nations in terms of energy security and sustainability.However, a lack of political willingness and inadequate infrastructure are major obstacles to ensuring so.This was observed during the 'Towards...

The picture, snapped on Saturday, shows election materials are being sent to the polling stations as the by

2023-11-05 00:00:00

The picture, snapped on Saturday, shows election materials are being sent to the polling stations as the by-polls to the Brahmanbaria-2 (Sarail-Ashuganj) parliamentary constituency will be held today (Sunday) — Focus Bangla

BNP leaders hiding in 'cave' after posing a threat to govt: Quader

2023-11-05 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Saturday said the BNP leaders themselves have gone into hiding in "cave" after posing a threat to topple the government, reports BSS."BNP announced that Sheikh Hasina's government won't be found after October...

Imran seeks vote for 'Boat' in next national polls

2023-11-05 00:00:00

SYLHET, Nov 04 (BSS): Expatriate Welfare and Overseas Employment Minister Imran Ahmed today urged the people to vote for 'Boat', the election symbol of Awami League (AL), in the next general election to continue the development spree in the education...

Polls must be held as per constitution, says Anisul

2023-11-05 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Huq on Saturday said holding elections, forming the parliament and all other activities must be done as per the constitution and laws of the country, reports BSS."Provisions for the formation of the parliament...

BNP calls dawn-to-dusk hartal in Ctg today protesting Khasru's arrest

2023-11-05 00:00:00

CHATTOGRAM, Nov 04 (UNB): BNP on Saturday called a dawn-to-dusk hartal in Chattogram for today (Sunday) in protest against the arrest of the party's standing committee member Amir Khasru Mahmud Chowdhury from his Dhaka residence.A press release was issued in...

Momen urges BNP to stop arson attacks, join polls

2023-11-05 00:00:00

SYLHET, Nov 04 (UNB): Foreign Minister AK Abdul Momen on Saturday urged BNP to publicly apologize to the people and expel the persons involved in recent attacks, destruction of assets and burning of properties and buses."Join the elections, stop arson...

EC wants to hold talks with all political parties: CEC

2023-11-05 00:00:00

Chief Election Commissioner (CEC) Kazi Habibul Awal on Saturday said the commission wants to exchange views with all registered political parties as these are prime stakeholder of election and democratic rule, reports BSS."We invited parties on short notice. If any...

Swarupkathi Sub-branch started its journey as the 38th sub-branch of National Bank Limited. NBL CRM

2023-11-05 00:00:00

NBL OPENS ITS 38TH SUB-BRANCH Swarupkathi Sub-branch started its journey as the 38th sub-branch of National Bank Limited. NBL CRM (MSME) division head & EVP Md. Shahidul Islam inaugurated the sub-branch, which is under the Jhalakathi branch, as the chief...

Asia spot LNG prices fall amid full inventories

2023-11-05 00:00:00

LONDON, Nov 04 (Reuters): Asian spot liquefied natural gas (LNG) prices fell last week but remained at a near nine-month high as geopolitical risks raised market concerns despite full inventories and a mild start to winter.The average LNG price for...

Jamuna Bank PLC. organised the BAMLCO Conference-2023 on "Effective Compliance of Money Laundering &

2023-11-05 00:00:00

Jamuna Bank holds BAMLCO Conference-2023Jamuna Bank PLC. organised the BAMLCO Conference-2023 on "Effective Compliance of Money Laundering & Terrorist Financing Risk" on Saturday. BAMLCOs from all branches of the bank participated in the conference. Md Masud Biswas, Head of BFIU,...

Ghorashal-Polash urea plant goes into production Nov 12

2023-11-05 00:00:00

FE REPORTThe long-awaited Ghorashal-Polash Urea Fertiliser Factory in Narsingdi is set to start functioning next Sunday (November 12).The largest in South East Asia, according to industries ministry, the plant has a capacity to produce 0.92-million tonnes (924,000 tonnes) of urea...

Eastern Bank PLC (EBL) held a town hall meeting at a hotel in Rajshahi on Saturday under the initiative of

2023-11-05 00:00:00

EBL HOLDS TOWN HALL MEETING ON FINANCIAL SECURITY Eastern Bank PLC (EBL) held a town hall meeting at a hotel in Rajshahi on Saturday under the initiative of Financial Integrity and Customer Services Department (FICSD) of Bangladesh Bank to create...

RMG sector faces multifaceted challenges

2023-11-05 00:00:00

Readymade Garments (RMG) industry will undergo a significant transformation in its trade benefit regime by 2029 as the GSP moratorium ends, coinciding with Bangladesh's exit from its Least Developed Country (LDC) status in 2026, according to a research report. LightCastle...

UK PM discusses free trade deal in call with India’s PM Modi

2023-11-05 00:00:00

LONDON, Nov 04 (Reuters): British Prime Minister Rishi Sunak on Friday agreed with his Indian counterpart Narendra Modi on the importance of securing an "ambitious" trade deal, as talks continue over a deal which could be finalised this year.British Prime...

Riyadh, Manama eye stronger collaboration in data development

2023-11-05 00:00:00

RIYADH, Nov 04 (Arab News): Saudi Arabia and Bahrain engaged in discussions to strengthen their collaboration in the development of methodologies and techniques for calculating vital indicators, particularly those pertaining to family income and expenditure surveys. High-ranking officials from both...

Union Bank Limited held its Chattogram Zone Sub-Branches' Business Review Meeting 2023 on Saturday.

2023-11-05 00:00:00

UNION BANK HOLDS BUSINESS REVIEW MEETING Union Bank Limited held its Chattogram Zone Sub-Branches' Business Review Meeting 2023 on Saturday. Managing Director & CEO of the bank ABM Mokammel Hoque Chowdhury inaugurated the event as the chief guest in Chattogram.

Mindshare Day observed

2023-11-05 00:00:00

Asiatic Mindshare Ltd, a leading media and advertising agency in Bangladesh, observed Mindshare Day on Wednesday, said a press release. It is basically the celebration of Mindshare's 26th birthday, globally, encapsulating all the essence and adaptive spirit of this super-dynamic...

Seminar on 'Sustainable business and technology development for Smart Bangladesh' held in Ctg

2023-11-05 00:00:00

OUR CORRESPONDENTCHATTOGRAM, Nov 04: The first international seminar on "Sustainable Business and Technology Development For Smart Bangladesh" (ISSBT 2023) was held at the University of Science and Technology Chittagong (USTC) on Saturday at the initiative of the Faculty of Business...