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Dhaka-Tokyo ties turn into 'Strategic Partnership',

2023-04-27 00:00:00

TOKYO, Apr 26 (BSS): Prime Minister Sheikh Hasina said on Wednesday Bangladesh and Japan successfully elevated the bilateral relations to a 'Strategic Partnership' from the existing 'Comprehensive Partnership'."Prime Minister Kishida and I have discussed today the entire gamut of our...

Tighten targeted action against bad loans

FE REPORT | 2023-04-27 00:00:00

Non-performing loans triggers serious risks to the banking system, the International Monetary Fund cautioned and suggested that Bangladesh should further tighten measures against the buildup of bad loans. Making such observations, a visiting team of IMF representatives Wednesday wanted to...

IMF cold-shoulders corporate-tax cut, tax waiver

DOULOT AKTER MALA | 2023-04-27 00:00:00

The International Monetary Fund (IMF) has advised the revenue authority not to cut the existing corporate-tax rates further in the budget in order to keep revenue mobilization uninterrupted, sources said.In a meeting with the National Board of Revenue (NBR) on...

Dry weather likely today ----

2023-04-27 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 (Thursday), according to the Met Office.Mild heat wave may sweep over the districts of Chattogram, Rangamati, Feni, Cox's...

Awami League leader Advocate Qamrul Islam MP at a programme organised by Dhaka Foundation in the city

2023-04-27 00:00:00

Awami League leader Advocate Qamrul Islam MP at a programme organised by Dhaka Foundation in the city recently to distribute food and clothes among the destitute on the occasion of Eid-ul-Fitr

Eight hospitalised with dengue

2023-04-27 00:00:00

Eight more people were hospitalised with dengue in the 24 hours until Wednesday morning, reports UNB.Of the new patients, five were admitted to hospitals in Dhaka and the rest outside it, according to the Directorate General of Health Services (DGHS).Thirty-three...

DSA case trial against ex-SP Babul, Youtuber Elias begins

2023-04-27 00:00:00

The trial proceedings against four accused including former superintendent of police (SP) Babul Aktar and US based-Youtuber Elias Hossain in a case filed under the Digital Security Act (DSA) started through submission of the chargesheets, reports UNB.Though there was a...

Army chief leaves for 3-day visit to India

2023-04-27 00:00:00

Chief of Bangladesh Army General SM Shafiudin Ahmed left Dhaka on Wednesday on a three-day official visit to India, according to an Inter Services Public Relation Directorate (ISPR) press release.During the visit Gen Shafiuddin will take the parade salute after...

President pays tributes to Bangabandhu in Tungipara

2023-04-27 00:00:00

President Mohammed Shahabuddin paid tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman in Tungipara of Gopalganj on Wednesday, reports UNB.He placed a wreath at the mausoleum of the late leader in Tungipara and stood in solemn silence for...

Microplastics in 90 pc frogs a menace to ecology, crops

SM Najmus Sakib | 2023-04-27 00:00:00

There is presence of toxic microplastics in 90 per cent of frog samples collected from Bengal delta, reveals a study that terms the friendly creature a worrying threat to the native ecosystem.The shocking presence of microplastics in frogs poses a...

IAGS's recognition for 1971 genocide a big achievement for Bangladesh: Experts

2023-04-27 00:00:00

Genocide scholars, activists, politicians and offspring of martyred intellectuals opined that International Association of Genocide Scholars (IAGS's) recognition for crimes committed by Pakistan in Bangladesh during the 1971 Liberation War as genocide is one step ahead for the country to...

Two ex-JL, BCL leaders shot dead in Laxmipur

2023-04-27 00:00:00

LAXMIPUR, Apr 25 (UNB): Two former leaders of Juba League (JL) and Bangladesh Chhatra League (BCL), associate bodies of Awami League, have been shot dead in an attack allegedly by their rivals over establishing supremacy in Sadar upazila of Laxmipur...

Rizvi's statement an example of freedom of speech: Hasan

2023-04-27 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud has said the statement made by BNP leader Ruhul Kabir Rizvi after his release from jail is a clear manifestation of freedom of speech in the country, reports BSS.After his release from the...

EC asks aspiring candidates to follow electoral code

2023-04-27 00:00:00

The Election Commission (EC) has issued a directive asking the aspirant candidates of the upcoming Gazipur City Corporation (GCC) polls to follow the electoral code of conduct during submission of the nomination papers, reports BSS.As tomorrow (Thursday) is the last...

61st death anniv of Sher-e-Bangla today

2023-04-27 00:00:00

The 61st death anniversary of Sher-e-Bangla Abul Kashem Fazlul Huq will be observed across the country today (Thursday), reports BSS.Prime Minister Sheikh Hasina issued a message paying rich tribute to the memory of Sher-e-Bangla. The ruling Awami League will pay...

Take steps beforehand to make Eid-ul-Azha journey smooth

2023-04-27 00:00:00

Road Transport and Bridges Minister Obaidul Quader has directed the authorities concerned to take preparation from now for making the upcoming Eid-ul-Azha journey as smooth as the holy Eid-ul-Fitr one, reports BSS."There will be cattle markets, trucks carrying animal and...

US consumer confidence hits 9-month low

2023-04-27 00:00:00

WASHINGTON, Apr 26 (Reuters): US consumer confidence dropped to a nine-month low in April as worries about the future mounted, further heightening the risk that the economy could fall into recession this year.The consumer confidence survey from the Conference Board...

Google parent announces stock buyback, modest beat on ad sales

2023-04-27 00:00:00

CALIFORNIA, Apr 26 (Reuters): Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better than expected.Investors cheered...

Vietnam EV maker VinFast secures $2.5b

2023-04-27 00:00:00

HANOI, Apr 26 (Reuters): Vietnamese electric vehicle maker VinFast said on Wednesday it had received a fresh round of funding pledges worth $2.5 billion for its future development, in a move that may signal a new delay to its planned...

EU unveils overhaul of its fiscal rules

2023-04-27 00:00:00

BRUSSELS, Apr 26 (AFP): The EU unveiled an overhaul of its fiscal rules on Wednesday, a long-awaited reform that has bitterly divided member states over how to encourage investment while strengthening scrutiny of government spending.The European Commission, the EU's executive...

The Munshiganj Unit of Jamuna Bank Foundation Dialysis Centre was inaugurated in Mushiganj recently.

2023-04-27 00:00:00

The Munshiganj Unit of Jamuna Bank Foundation Dialysis Centre was inaugurated in Mushiganj recently. Nur Mohammed, Chairman of Jamuna Bank Limited and Jamuna Bank Foundation, inaugurated the dialysis centre as the chief guest. Director of the bank Kanutosh Majumder was...

ITC to purchase land for building 'ITC Tower'

2023-04-27 00:00:00

The shareholders of the Information Technology Consultants (ITC) Limited have approved a decision to purchase a piece of land valued at about Tk 350 million, located at Tejgaon Industrial Area in Dhaka.The approval came at an Extraordinary General Meeting (EGM)...

MoC urges NBR to withdraw VAT on clothing waste recycling business

FE Report | 2023-04-27 00:00:00

The Ministry of Commerce (MoC) has recommended the revenue board to withdraw the existing 22.5 per cent value added tax (VAT) on clothing waste recycling business as the sector's growth is being affected due to the tax.It wrote to the...

LankaBangla completes Tk 3,000m bond issue

2023-04-27 00:00:00

LankaBangla Finance has recently completed the issuance of a privately placed non-convertible, zero-coupon bond worth Tk 3,000 million, says a press release. The bond issue has attracted a diverse group of investors, including individuals, corporates, banks, insurance companies, mutual funds,...

Salt production hits record high

FE REPORT | 2023-04-27 00:00:00

The crude salt production in the country has hit a record 1,839,000 tonnes this season, the highest in 62 years.The figure is 7,000 tonnes higher than in the previous season.According to sources, the surge in salt production was possible due...

Raducanu hit by another injury pulls out of Madrid Open

2023-04-27 00:00:00

MADRID, Apr 26 (AFP): Emma Raducanu is set to drop out of the top 100 less than two years since her shock win in the US Open after pulling out of the Madrid Open on Wednesday with a hand injury...

Australia's BBL boosts player payments amid T20 talent war

2023-04-27 00:00:00

MELBOURNE, Apr 26 (Reuters): International players in Australia's Big Bash League (BBL) are set for a big pay-rise after a shake-up of the domestic T20 tournament's contracting system, amid a global battle for talent.Overseas players who nominate for the draft...

Tigers practice session in Sylhet starts today sans Shakib

2023-04-27 00:00:00

Allrounder Shakib Al Hasan made him unavailable for the three-day practice camp in Sylhet for the upcoming Ireland series as he flew to USA to spend time with his family by the permission of the Bangladesh Cricket Board (BCB), reports...

Global markets mixed as tech boosts US stock futures, Europe dips

2023-04-27 00:00:00

SINGAPORE, April 26 (Reuters): Global stock markets moved in opposite directions on Wednesday, as European investors responded to strain in the US banking sector but Wall Street futures rose on bullish updates from Microsoft and Google parent Alphabet.Europe's STOXX 600...

Major Gulf markets mixed in early trade--

2023-04-27 00:00:00

Major stock markets in the Gulf were mixed in early trade on Wednesday amid rising recession fears in the United States, with the Saudi index on course to end five-day winning streak, reports Reuters.US Consumer confidence fell to a nine-month...