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BSC plans keel-laying event to build four ships in Sept

FE REPORT | 2023-06-07 00:00:00

The Bangladesh Shipping Corporation (BSC) is expected to hold the keel-laying ceremony to construct four new ships in September next, officials said.With funding from the Export-Import Bank of China, the BSC has planned to buy the ocean-going mother vessels -...

Briefing 2023-06-07

2023-06-07 00:00:00

Prime bourse sees biggest fall in 7 months Dhaka stocks plummeted on Tuesday, marking the largest single-day decline in seven months, amid panic-selling triggered by rumours of a proposed 15 per cent capital gains tax on individual investors in the...

Prayer Timings (2023-06-07)

2023-06-07 00:00:00

Supplementary budget for FY 2022-23 passed in Parliament

2023-06-07 00:00:00

Parliament on Tuesday passed the supplementary budget of Tk 172.99 billion (17299 crore) for the fiscal 2022-23 to meet the increased expenditures under different ministries and divisions, reports UNB.Finance Minister AHM Mustafa Kamal placed the supplementary budget in the House...

BEZA study: Fuel crunch upsets most EZ investors

FE REPORT | 2023-06-07 00:00:00

A majority of the surveyed stakeholders, including investors in economic zones (EZs), have cited fuel crunch as one of the key economic challenges, according to a new study.It also identified high energy tariff, inadequate logistic infrastructure, hike in staff wages...

Tips on trading in govt securities on secondary market

FE REPORT | 2023-06-07 00:00:00

Binding rules are set for trading in secure government securities — coveted as blue chips — on the secondary market as part of measures for developing the capital market.An investor who is willing to purchase the sovereign securities —- government...

State minister comes under fire in JS

FE REPORT | 2023-06-07 00:00:00

Opposition lawmakers on Tuesday came down heavily on State Minister for Power, Energy and Mineral Resources Nasrul Hamid due to the ongoing power crisis across the country.Addressing the parliament during the discussion on cut motion tabled by the state minister, they criticised the...

Weather (2023-06-07)

2023-06-07 00:00:00

Rain/thunder showers accompanied by temporary gusty wind is likely to occur at one or two places over Barishal and Chattogram divisions in the next 24 hours until 06:00 pm today (Wednesday)), according to the Met Office.. Severe heat wave is...

One more dies of Covid

2023-06-07 00:00:00

Bangladesh reported one more COVID-19-linked death and 197 fresh cases in the last 24 hours until Tuesday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,451 and caseload to 2,039,911, according to the Directorate General of...

Two farmers shot at by BSF on B'baria border

2023-06-07 00:00:00

BRAHMANBARIA, June 06 (UNB): Two Bangladeshi farmers were shot by Border Security Force (BSF) of India along the border in Kasba upazila of Brahmanbaria on Tuesday.The injured were Azam Ali Bhuiyan (55), son of late Nur Ali and Iqbal Bhuiyan...

Japan to provide $0.5m for Mocha-hit Rohingya, host communities thru IOM

FE REPORT | 2023-06-07 00:00:00

The Japanese government has decided to provide US$0.5 million in assistance to the International Organization for Migration (IOM) in response to the super Cyclone Mocha that hit Rohingya and host communities in Cox's Bazar on 14 May.According to a press...

Admiral M Shaheen Iqbal watering the sapling

2023-06-07 00:00:00

Chief of Naval Staff Admiral M Shaheen Iqbal watering the sapling after planting it in front of Submarine Fleet Headquarters at 'BNS Sheikh Hasina', at Pekua in Cox's Bazar on Monday, at the inauguration of National Tree Plantation Campaign —...

General Manoj Pande holding talks with Prime Minister Sheikh Hasina

2023-06-07 00:00:00

Chief of Army Staff of the Indian Army General Manoj Pande holding talks with Prime Minister Sheikh Hasina at the Jatiya Sangsad Bhaban in the city on Tuesday — PID

New tech can boost BD fish output up

FHM Humayan Kabir from Colombo, Sri Lanka | 2023-06-07 00:00:00

Experts and stakeholders at a regional conference on Tuesday said that modern aquaculture technology can help Bangladesh and neighbouring countries boost fish production by 5.0 to 10 times.At "Aquacon" in Colombo, they pointed out that lack of technology transfer and...

Indictment hearing in Gatco graft case against Khaleda July 10

2023-06-07 00:00:00

A Dhaka court on Tuesday set July 10 to hold hearing on charge framing in Gatco graft case against BNP chairperson Begum Khaleda Zia and 14 others, reports BSS.Judge Ali Hossain of Dhaka Special Judge Court-3 Sheikh Nazmul Alam passed...

Sylhet BNP expels 43 leaders for contesting polls

2023-06-07 00:00:00

SYLHET, June 06 (UNB): Forty-three BNP leaders, including independent mayoral candidate Md. Salah Uddin Rimon, have been expelled for life from the party for contesting the upcoming Sylhet City Corporation election -- defying the party's decision to boycott all polls...

AL factional clash injures 30 in Cumilla

2023-06-07 00:00:00

CUMILLA, June 06 (UNB): At least 30 people sustained injuries in a clash between two factions of ruling Awami League (AL) in Chauddagram upazila of Cumilla district on Tuesday morning.Traffic on the Dhaka-Chattogram highway remained suspended for nearly an hour...

BNP stages sit-in tomorrow to protest graft, load shedding

2023-06-07 00:00:00

The BNP will hold an hour-long sit-in programme in front of all the district offices of the Power Division across the country tomorrow (Thursday) to protest the ongoing loadshedding and 'corruption' in the power sector, reports UNB.Besides, the party will...

Fakhrul, US envoy discuss free, fair election

2023-06-07 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir met US Ambassador in Bangladesh Peter Haas at the ambassador's residence in Gulshan on Tuesday afternoon, reports UNB.They discussed 'free and fair elections and campaign processes, and additional important priorities the United States...

Historic Six-Point Day today -

2023-06-07 00:00:00

The historic Six-Point Day, marking the demand for autonomy of the then East Pakistan, now Bangladesh, will be observed today (Wednesday) across the country in a befitting manner, reports BSS.On June 7 in 1966, Father of the Nation Bangabandhu Sheikh...

Neither AL nor govt daunted by US visa policy: Quader

2023-06-07 00:00:00

Awami League general secretary Obaidul Quader on Tuesday said the Awami League and the government are not afraid of the visa policy of the United States as they always respect the constitution, democracy, human rights and rule of law, reports...

Saudi bourse inches higher on Fed rate pause hope; oil limits gains

2023-06-07 00:00:00

Saudi Arabia's stock market edged higher in early trade on Tuesday amid hopes of a pause in rate hikes by the US Federal Reserve, although falling oil prices limited gains, reports Reuters.Most Gulf currencies are pegged to the dollar and...

London's FTSE slips on energy drag

2023-06-07 00:00:00

Britain's benchmark FTSE 100 dropped in early trade on Tuesday, dragged down by energy stocks, while investors assessed fresh economic data in the face of concerns over the prospect of a global slowdown, reports Reuters.The resource-heavy FTSE 100 slipped 0.4...

Apple shares notch all-time high ahead of developer conference

2023-06-07 00:00:00

Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although the company's market value remained short of an all-time peak of $3 trillion, reports Reuters.Apple is...

World stocks tread water as traders eye Fed pause prospects

2023-06-07 00:00:00

LONDON, June 6 (Reuters): European stocks started Tuesday mixed, as soft US economic data reinforced expectations the Federal Reserve may skip an interest rate hike when it meets next week.The pan-European STOXX 600 index was up 0.1 per cent to...

Trust Bank opened Rangpur Sub-Branch

2023-06-07 00:00:00

Trust Bank Limited has opened Rangpur Sub-Branch under the supervision of Rangpur Cantonment Branch. Humaira Azam, Managing Director & CEO of the bank inaugurated the sub-branch as the chief guest recently. Ahsan Zaman Chowdhury, Deputy Managing Director & Chief Business...

Award ceremony of ICB Securities Trading

2023-06-07 00:00:00

An award ceremony was organised at the head office of ICB Securities Trading Company Limited (subsidiary of ICB) on Monday. On the occasion, institutional and individual investors in various categories were awarded certificates based on the highest transactions of the...

Indian shares close flat in run-up to RBI, Fed meets

2023-06-07 00:00:00

BENGALURU, June 6 (Reuters): Indian shares closed little-changed on Tuesday, with a rise in autos and realty balancing out a fall in information technology stocks ahead of a widely expected rate hike pause by the US Federal Reserve, as well...

Premier Bank inaugurated new location of Banglabazar SME branch

2023-06-07 00:00:00

The Premier Bank Limited has recently inaugurated the new location of Banglabazar SME branch at 10 North Brook Hall Road (1st Floor), Banglabazar, Dhaka. Shamsuddin Chowdhury, additional managing director of the bank, inaugurated the branch as the chief guest.

Eastern Bank in observance of World Environment Day

2023-06-07 00:00:00

Eastern Bank Ltd (EBL) in observance of World Environment Day hosted a seminar on 'Role of Financial Institutions to Address Climate Change Adaptation & Mitigation' at the bank's head office in the capital on Monday. Nurun Nahar, Executive Director and...