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Next week's IORA meet may discuss trade, maritime issues

FE REPORT | 2023-06-09 00:00:00

The thirteenth meeting of the Indian Ocean Rim Association (IORA), scheduled to be held in Sylhet on June 13-14, is expected to highlight trade and investment facilitation, and safety and security of maritime resources of the region.Representatives from 23 member...

PM rejects elevated expressway revenue sharing plea by Dhaka mayors

MUNIMA SULTANA | 2023-06-09 00:00:00

Prime Minister Sheikh Hasina has rejected the pleas of two Dhaka city corporations to share revenue earnings from the Dhaka Elevated Expressway (DEE) project, which is being implemented under a public-private partnership (PPP) initiative.The prime minister also dismissed the mayors'...

Onion prices show further decline

FE REPORT | 2023-06-09 00:00:00

Retail prices of onion further declined in the city groceries, thanks to rising imports, said insiders. Both imported and local onions sold between Tk 70 and Tk 80 per kg on Thursday in different city areas, marking a Tk 5.0-a-kg...

Briefing 2023-06-09

2023-06-09 00:00:00

ADN Telecom dips on DSE ADN Telecom's stock price fell 2.78 per cent despite announcing the acquisition of a 10 per cent share in Shohoj Ltd. Market insiders suggest the stock's previous 17 per cent jump as a possible reason...

Prayer Timings (2023-06-09)

2023-06-09 00:00:00

Q1 no-frill accounts grow 1.44pc

FE REPORT | 2023-06-09 00:00:00

The number of NFAs (no-frill accounts) has grown by 1.44 per cent to more than 30.45 million with Tk 58,898.28-million deposits during the January-March period over its previous quarter.The central bank’s move is to ensure financial services for people of...

VISA rules the roost, says BB

JUBAIR HASAN | 2023-06-09 00:00:00

Transactions through credit cards continue to grow with VISA, thereby dominating the credit-card usage among Bangladeshis at home and abroad, according to officials.Not only Bangladeshis, but also the foreigners, who stay here for varied purposes, use the VISA card most...

Heat persists despite rain

FE REPORT | 2023-06-09 00:00:00

The people of the capital city and its adjacent areas experienced a light rain on Thursday, which gave them relief to some extent from an unbearable heatwave over the last few days.However, the drizzle could not curb the prevailing heat...

Nagging outages ease on power import, cooling rain

FE REPORT | 2023-06-09 00:00:00

Countrywide load-shedding amid sizzling summer heat eases with increased power output and natural cooling by rain on Thursday, bringing a much-sought-after respite.City-dwellers in Dhaka said they experienced less outage on Thursday and Wednesday compared to the previous several days.The government,...

Investment ceiling likely at Tk 0.5m for rebates on govt securities

DOULOT AKTER MALA | 2023-06-09 00:00:00

Investors in government securities may experience a reduction in their investment rebate on tax filings starting from July 1, 2023.According to the new Income Tax Bill-2023, which was placed in Parliament on Thursday, the government is going to establish a...

Bangladesh’s BoP situation worsens

JASIM UDDIN HAROON | 2023-06-09 00:00:00

Falling accounts receivables worsened Bangladesh’s balance-of-payments situation as latest statistics show the BoP deficit widened to US$8.8 billion in July-April period of this fiscal, thereby affecting the country’s credit ratings.The gap between what the economy earns and what it spends...

Weather (2023-06-09)

2023-06-09 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Dhaka, Khulna Chattogram and Barishal divisions in the next 24 hours from 06:00 am today (Friday), according to the Met Office.It may also occur at...

Two more die of dengue in 24 hrs

2023-06-09 00:00:00

Two more deaths were reported from dengue in 24 hours until Thursday morning, raising the fatalities from the mosquito-borne disease in Bangladesh to 21 this year, reports UNB.During the period, 134 more patients were hospitalised with the viral fever, according...

DU Business unit admission results published

DU CORRESPONDENT | 2023-06-09 00:00:00

The admission test results of the 'Undergraduate (honours) Programme' of Dhaka University's 'Business Studies' unit under 2022-23 academic session were published on Thursday, with a pass rate of 11.84 per cent.Dhaka University (DU) Vice-Chancellor Prof Dr Md Akhtaruzzaman announced the...

‘BD must suspend pilot project to return Rohingyas to Myanmar’

2023-06-09 00:00:00

Bangladesh must immediately suspend a pilot repatriation project for Rohingya refugees to return to Myanmar, where they "face serious risks" to their lives and liberty, a UN expert said on Thursday. UN Special Rapporteur on the situation of human rights...

HSC exams to begin on August 17

2023-06-09 00:00:00

The Higher Secondary Certificate (HSC) and its equivalent exams will begin on August 17, reports UNB.The Secondary and Higher Secondary Education Board released the routine of the exams for all education boards on Thursday.According to the routine, HSC written exams...

Power to maintain, lease vested properties remains with DCs

FE REPORT | 2023-06-09 00:00:00

The High Court on Thursday ruled that Sections 9, 13 and 14 of the Vested Property Return Act, 2001, which came into effect a decade ago, are not contradictory to the fundamental rights mentioned in the Constitution. A larger bench...

Participants at workshop on 'Media Literacy and Fact Checking'

2023-06-09 00:00:00

Dr Md Towfique E Elahi, Assistant Professor of the Media and Journalism Programme (MAJ), and Asif Bin Ali, faculty of MAJ, of North South University, and other participants at a workshop on 'Media Literacy and Fact Checking' on the university...

General SM Shafiuddin Ahmed inaugurating the Tree Plantation Programme 2023

2023-06-09 00:00:00

Chief of Army Staff General SM Shafiuddin Ahmed inaugurating the Tree Plantation Programme 2023 of Bangladesh Army at Shaheed Moinul Road of Dhaka Cantonment on Thursday — ISPR

Option open to extend bus corridor

MUNIMA SULTANA | 2023-06-09 00:00:00

With the bus rapid transit (BRT) project linking Gazipur with the Hazrat Shahjalal International Airport nearing completion, the authorities concerned are now considering the option of extending the dedicated bus corridor allowing more mixed modes of traffic on it. BRT...

BNP submits memo to BPDB chairman

2023-06-09 00:00:00

As part of the party's countrywide programme, BNP's Dhaka district unit submitted a memorandum to the Bangladesh Power Development Board (BPDB) chairman protesting the ongoing loadshedding and 'corruption' in the power sector, reports UNB.The leaders and activists of the BNP...

AL nomination board meets today -

2023-06-09 00:00:00

A joint meeting of Bangladesh Awami League`s (AL) Parliamentary Nomination Board and Local Government Representative Nomination Board will be held at Prime Minister Sheikh Hasina`s official Ganobhaban residence at 7pm today (Friday), reports BSS.

Govt clears Salahuddin's return to Bangladesh from India

2023-06-09 00:00:00

The government has cleared BNP leader Salahuddin Ahmed's return to Bangladesh anytime he wishes and conveys the decision to the country's mission in India, reports UNB."Our Home Ministry has approved his (BNP leader Salahuddin Ahmed) application for returning home. The...

AL out to divert BNP from anti-govt movement: Fakhrul

FE REPORT | 2023-06-09 00:00:00

BNP secretary general Mirza Fakhrul Islam Alamgir has said some Awami League leaders' dialogue issue is only for diverting his party's movement for a fair election under a caretaker government."The speeches on dialogue by home minister Asaduzzaman Khan and Awami...

No talks with BNP over neutral govt issue: Quader

2023-06-09 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Thursday said there will be no dialogue with the BNP over the issue of a neutral government, reports BSS."We remember what happened before the last general elections; we held dialogue with them...

Commercial Bank of Dubai set to raise $500 million with debut green bonds

2023-06-09 00:00:00

DUBAI, June 8 (Reuters): Commercial Bank of Dubai is set to raise $500 million through a debut sale of green bonds, its first foray into the international debt markets since 2020 that got $1.4 billion in orders, a bank document...

European shares dip on rate jitters, banks rise

2023-06-09 00:00:00

European shares dipped on Thursday as rate-sensitive technology shares slipped on expectations of further interest rate hikes by major central banks, although gains in banks helped limit losses, reports Reuters.The pan-European STOXX 600 index edged 0.1 per cent lower, with...

Chinese regulators try to assure sceptical foreign financiers

2023-06-09 00:00:00

SHANGHAI/BEIJING, June 8 (Reuters): China is open for investment, the country's top financial regulators told foreign financiers at a high-profile forum in Shanghai on Thursday, as concerns mount among foreign firms that they may no longer be welcome.The world's second-largest...

India's central bank holds rates, signals tight policy ahead

2023-06-09 00:00:00

MUMBAI, June 8 (Reuters): India's central bank kept its key lending rate steady for a second straight policy meeting on Thursday, as widely expected, but signalled that monetary conditions will remain tight for some time as it looks to further...

US luxury EV maker Lucid set to enter China market

2023-06-09 00:00:00

SHANGHAI, June 8 (Reuters): US luxury electric vehicle maker Lucid Group is preparing to enter the world's largest auto market, its head of China operations Zhu Jiang said on Thursday.Lucid will sell imported cars in China while also considering local...