FE REPORT | 2023-06-06 00:00:00
People in Dhaka and elsewhere in the country continue to suffer from scorching heat and unbearable humidity in the ongoing heatwave that may last a few more days.The heatwave brought worst sufferings for the working classes like day-labourers, rickshaw-pullers and...
FE REPORT | 2023-06-06 00:00:00
No respite from outages amid searing summer heat seems around as Bangladesh’s biggest coal-fired electricity producer, the 1244-megawatt Payra power plant, now goes phut for want of fuel. Sources said the two-unit Payra power plant went out of operation at...
M AZIZUR RAHMAN | 2023-06-06 00:00:00
Power paucity in Bangladesh hovers around fund crunch as overdue payments to energy-providers and power-plant owners, both local and foreign, have ballooned over US$2.76 billion by now, sources said. The back pay owed to the entrepreneurs amounted to around US$2.765...
Rain/thunder showers accompanied by temporary gusty wind is likely to occur at one or two places over Mymensingh, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Tuesday), according to the Met Office. Weather may remain...
The Appellate Division of the Supreme Court (SC) on Monday set June 14 for hearing a contempt of court case filed against Dhaka South City Corporation Mayor Barrister Sheikh Fazle Noor Taposh, reports UNB. Chamber Judge of the Appellate Division...
Prof Md Sajjad Hossain and Prof Muhammad Alamgir have been reappointed as a full-time member of the University Grants Commission of Bangladesh (UGC), reports UNB. They have been appointed as members for the next four years. They will be entitled...
Education Minister Dr Dipu Moni on Monday said that the University Grant Commission (UGC) may now take into account allowing PhD degrees in those private universities which are at the forefront of education and research, reports UNB."There are some private...
Awaj Foundation formed a human chain in front of the National Press Club in the city on Monday, marking the World Environment Day 2023 — Focus Bangla
DU CORRESPONDENT | 2023-06-06 00:00:00
The results of the admission tests for the undergraduate programme of 2022-23 academic session of Dhaka University's (DU's) Science and Fine Arts faculties were published on Monday with a pass rate of 9.43 and 4.49 per cent respectively.DU Vice-Chancellor (VC)...
Bangladesh reported two more COVID-19-linked deaths and 75 fresh cases in 24 hours until Monday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,450 and caseload to 2,039,714, according to the Directorate General of Health Services...
General Manoj Pande, Chief of Army Staff (COAS), Indian Army, is visiting Bangladesh from June 5-6 at the invitation of his counterpart, General SM Shafiuddin Ahmed, SBP (BAR), Chief of Army Staff (CAS), Bangladesh Army to review the Passing Out...
Law Minister Anisul Haq said some 7,001 cases were filed across the country as of January 31 of this year under the Digital Security Act. The minister said this in reply to a tabled question from Gonoforum MP Mukabbir Khan...
BNP Secretary General Mirza Fakhrul Islam Alamgir on Monday alleged that the US visa policy for Bangladesh is the outcome of Awami League's misrule and mischievous activities, reports UNB. Speaking at a seminar, he also said that democratic countries are...
Awami League president and Prime Minister Sheikh Hasina on Monday urged the party leaders and activists to take all out preparations for the next national polls saying it would be a challenge due to multifaceted conspiracies, reports BSS. "The next...
BENGALURU, June 5 (Reuters): Indian education startup Byju's on Monday said it will take its educational institute Aakash Education Services public through an initial public offering (IPO) by mid-2024.Aakash, which was acquired for $950 million by Byju's in 2021, had...
TOKYO, June 5 (Reuters): Japan's Nikkei share average closed at its highest in 33 years on Monday as gains on Wall Street lifted risk appetite, while investors kept betting on domestic equities on expectations the Bank of Japan would retain...
Most stock markets in the Gulf rose in early trade on Monday on optimism the US Federal Reserve would pause its rate hikes this month, while rising oil prices cheered investors, reports Reuters.Currencies in most Gulf Cooperation Council countries, including...
BENGALURU, June 5 (Reuters): Indian shares settled higher on Monday, propped by sustained gains in auto stocks and on stronger bets that the Federal Reserve may skip an interest rate hike later this month.The blue-chip Nifty 50 index closed 0.32...
HONG KONG, June 5 (AFP): Markets built on a global rally Monday after a mixed US jobs report lifted hopes the Federal Reserve will skip an interest rate hike this month, while oil extended gains after Saudi Arabia slashed output.The...
Financial Literacy Wing of Union Bank Limited organised a programme titled 'Enhancing Social Awareness about Sending Remittance through Legal Channels' in Cox's Bazar recently. Vice President and Head of BOCD & Financial Literacy Wing of the bank Chowdhury SM Atiqur...
BEIJING, June 5 (Reuters): US automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, a 2.4 per cent jump from April, data from the China Passenger Car Association (CPCA) showed on Monday.On a yearly basis, sales rose 142...
ISTANBUL, June 5 (Reuters): Global airlines on Monday more than doubled their forecast for the industry's 2023 profit but warned delays in getting planes to cope with rising demand could dampen their post-pandemic recovery."The pandemic years are behind us and...
Standard Bank Limited celebrated its 24th anniversary recently. On this occasion, a programme was organised at the boardroom of the bank's head office in the capital. Chairman of the board of directors of the bank Kazi Akram Uddin Ahmed, Vice...
Jamuna Bank Limited celebrated its 23rd anniversary recently. On the occasion Chairman of Jamuna Bank Md. Saidul Islam, Chairman of Jamuna Bank Foundation Nur Mohammed and Managing Director and CEO of the bank Mirza Elias Uddin Ahmed were present.
Bank Asia Limited has organised a certificate awarding ceremony of the 60th foundation training course for its officers recently. Adil Chowdhury, president & managing director of the bank, awarded the certificates among 34 participants in the concluding ceremony of the...
LONDON, June 5 (Reuters): Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest US bank JPMorgan said on Monday, although the currency should maintain its long-held dominance for the foreseeable future.The impact of steep US interest...
FE REPORT | 2023-06-06 00:00:00
In a fresh move to increase supply of Treasury bonds in the secondary market, the securities regulator has allowed beneficiary owner (BO) account holders to purchase T-bonds in primary auctions conducted by the central bank. Investors, however, will have to...
Four new directors have been elected to the board of Meghna Bank Limited. They are Ishmam Raidah Rahman, Aresha Manami Shafiq, Javed Kaiser Ally and Md Mahamudul Alam. Bangladesh Bank has recently approved them as directors on the board of...
The 39th Annual General Meeting (AGM) of Saudi-Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO) was held at its Head Office in Dhaka recently, says a press release. The meeting approved a cash dividend of Tk 150 million for the...
MOHAMMAD MUFAZZAL | 2023-06-06 00:00:00
The securities regulator has asked both the stock exchanges to impose 2.5 per cent monthly surcharge on dividends or other dues that have remained unpaid for more than three years. The deadline is the last day of this month. Surcharge...
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