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135 on way to Dhaka

FE REPORT | 2023-05-08 00:00:00

Out of the 680 Bangladeshis evacuated from Sudan, 135 was set to depart for Dhaka from Jeddah on Sunday night, according to officials from the foreign ministry. These 135 Bangladeshis were transported to Jeddah on Sunday by Saudi military aircraft...

Next general election will be fair, PM tells UK

2023-05-08 00:00:00

LONDON, May 7 (UNB): Bangladesh Prime Minister Sheikh Hasina has once again said that her country's upcoming general election will be free and fair.She made it clear after UK Foreign Minister James Cleverly during a meeting with her on Saturday...

Persistent pressures weighing on BD economy: IMF mission

FE REPORT | 2023-05-08 00:00:00

Bangladesh's economy is among the fastest-growing ones in the Asia-Pacific region but remains under severe internal and external pressures from factors like inflation and global financial volatility, says an IMF mission.The International Monetary Fund (IMF) spot inspection team Sunday drew...

Weather (2023-05-08)

2023-05-08 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 (Monday), according to the Met Office.The highest temperature in the country on Sunday was recorded at 37.5 degrees...

ATM Mahabubul Haq passes away

2023-05-08 00:00:00

Banker ATM Mahabubul Haq passed away at his Mirpur residence recently, says a statement. He was 95. He was buried at his family graveyard in Shanukhali. ATM Mahabub started his career at National Bank of Pakistan. Afterwards, he joined the...

Terrorists or militant groups in CHT won't be spared: Asaduzzaman

2023-05-08 00:00:00

CHATTOGRAM, May 07 (UNB): Home Minister Asaduzzaman Khan on Sunday warned that armed criminals and or militant groups in the hills of Chattogram will not be spared."No armed criminals and militants groups will be spared in the hills but the...

HC rejects writ filed against Khulna Wasa MD

FE REPORT | 2023-05-08 00:00:00

The High Court (HC) on Sunday summarily rejected a writ petition that was filed challenging the legality of holding the post of Managing Director (MD) of Khulna Water Supply and Sewerage Authority (Khulna WASA) Md Abdullah.The HC bench of Justice...

Tagore's 162nd birth anniv today

2023-05-08 00:00:00

Today (Monday) is the 162nd birth anniversary of Biswakabi Rabindranath Tagore, who reshaped Bengali literature and music as well as arts of Indian subcontinent with contextual modernism, reports BSS.On the occasion, President Mohammed Shahabuddin and Prime Minister (PM) Sheikh Hasina...

DSCC, DNCC to set up 16 cattle haats this Eid

FE REPORT | 2023-05-08 00:00:00

The authorities of Dhaka north and south city corporations will set up a total of 16 temporary cattle markets in the capital on the occasion of the upcoming Eid-ul-Ahza, sources at the corporations said. Accordingly, the Dhaka South City Corporation...

HC bench issues rule on reduction of quota

2023-05-08 00:00:00

FE REPORTA High Court (HC) Division bench in the first week of this month issued the Rule Nisi in the matter of preserving the 20 per cent quota for the children of the deceased and retired seafarers in the training...

Army chief meets President

2023-05-08 00:00:00

Chief of Army Staff General SM Shafiuddin Ahmed on Sunday paid a courtesy call on President Mohammed Shahabuddin at Bangabhaban on Sunday, reports UNB.President's press secretary Joynal Abedin briefed reporters after the meeting.During the meeting, the army chief briefed the...

PM for diversified C'wealth observers for next polls in BD

2023-05-08 00:00:00

LONDON, May 07 (UNB): Prime Minister (PM) Sheikh Hasina on Sunday requested the Commonwealth to send diversified election observers from different member countries for the upcoming general election in Bangladesh.She made the request while the Commonwealth Secretary General Baroness Patricia...

Miscreants attack BNP leader Kaisar's house, threaten not to join polls

2023-05-08 00:00:00

KHULNA, May 07 (UNB): Miscreants attacked the house of former ward councillor and local BNP leader Md Mahbub Kaisar last night.They also reportedly verbally abused Kaisar's family members and threatened that he should not join the upcoming Khulna city corporation...

Democratic BD would have been a far cry unless Hasina had come back home: Hasan

2023-05-08 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud on Sunday said a democratic Bangladesh would have been a far cry unless Bangabandhu's daughter Sheikh Hasina had come back home on May 7 in 2007 ignoring the obstacles of the then rulers,...

Zahangir files writ challenging legality of cancellation of his candidacy

FE REPORT | 2023-05-08 00:00:00

Suspended Mayor of Gazipur City Corporation (GCC) Mohammad Zahangir Alam on Sunday filed a writ petition with the High Court challenging the legality of the authorities' decision to cancel his candidacy in the city corporation election to be held on...

EC doesn't have capability to hold fair elections: Fakhrul

2023-05-08 00:00:00

THAKURGAON, May 07 (UNB): BNP General Secretary Mirza Fakhrul Islam Alamgir on Sunday said the Election Commission (EC) doesn't have the capability to conduct fair elections. "People of the country saw the Election Commission during the elections under the current...

No foreign pressure for caretaker govt: Quader

2023-05-08 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Sunday said there is no foreign pressure for restoring caretaker government system in Bangladesh, reports BSS."European Union, the USA, the UK or no other friendly countries put...

Saudi Arabia economy grows 3.9pc in Q1

2023-05-08 00:00:00

DUBAI, May 7 (Reuters): Saudi Arabia's economy grew by 3.9 per cent year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product published on Sunday.Non-oil activities grew by 5.8 per cent in the...

Bank buyers expect sweeteners as US government sets new bar

2023-05-08 00:00:00

NEW YORK, May 7 (Reuters): The government-brokered purchases of First Republic, Signature and Silicon Valley banks have created a vicious cycle in which troubled lenders need to fail -- and get government assistance -- before buyers will step up, industry...

Warren Buffett faults handling of bank failures, upbeat on US, Berkshire

2023-05-08 00:00:00

OMAHA, Nebraska, May 7 (Reuters): Warren Buffett on Saturday criticized the handling of recent tumult in the banking sector and said a debt ceiling showdown could bring "turmoil" to the financial system, even as he offered a vote of confidence...

Adidas shares leap on results

2023-05-08 00:00:00

LONDON, May 7 (Reuters): Adidas reported better-than-expected quarterly results and said the Chinese market was improving, sending its shares up 8 per cent, although its chief executive warned the group still faces a "bumpy year with disappointing numbers".The German sportswear...

US consumer price data to test feared stagflation scenario

2023-05-08 00:00:00

NEW YORK, May 7 (Reuters): Fears of stagflation are percolating on Wall Street, as investors await data that could shed light on whether the Federal Reserve is succeeding in tamping down inflation without badly hurting growth.Stagflation - a combination of...

'Tamim Electronics'

2023-05-08 00:00:00

Deputy Managing Director of Marcel Md Humayun Kabir, Marcel's Brand Ambassador and film actor Amin Khan and comedian Abu Hena Rony inaugurate the new exclusive showroom 'Tamim Electronics' at Kathgara Bazar in Ashulia, Savar, recently.

Dhaka Power Distribution Company arranged a discussion

2023-05-08 00:00:00

Dhaka Power Distribution Company Limited arranged a discussion marking the Engineers' Day-2023 in Dhaka on Sunday. Md Abdus Sabur, science and technology affairs secretary, Awami League, and former president of the Institution of Engineers, Bangladesh (IEB), was present as the...

Chairman of Janata Bank SM Mahfuzur Rahman and newly appointed Managing Director and CEO Md Abdul Jabbar paid tributes

2023-05-08 00:00:00

Chairman of Janata Bank Limited SM Mahfuzur Rahman and the newly appointed Managing Director and CEO Md Abdul Jabbar paid tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his mausoleum at Tungipara in...

358th board meeting of Shahjalal Islami Bank held

2023-05-08 00:00:00

The 358th meeting of the board of directors of Shahjalal Islami Bank Limited was held at the corporate head office of the bank recently. The meeting was presided over by Chairman of the board of directors Mohammed Younus. Vice-Chairman of...

FSIBL inaugurated 42nd foundation course

2023-05-08 00:00:00

First Security Islami Bank Limited (FSIBL) inaugurated 42nd foundation course at the FSIBL Training Institute for the newly-recruited trainee assistant cash officers. Syed Waseque Md Ali, managing director of the bank, inaugurated the training programme.

ADN Telecom, The City Bank , and City Bank Capital announced a syndicated loan arrangement

2023-05-08 00:00:00

ADN Telecom Limited, The City Bank Limited, and City Bank Capital have announced a syndicated loan arrangement for building construction and business expansion, amounting to Tk 1,200 million. The syndicated loan will be used to fund ADN Telecom Limited's new...

Social Islami Bank opened six sub-branches

2023-05-08 00:00:00

Social Islami Bank Limited opened six sub-branches on a virtual platform from its head office on Sunday. Zafar Alam, managing director and CEO, inaugurated the sub-branches as the chief guest while Mohammad Forkanullah, deputy managing director, presided over the programme....

Rumee A Hossain re-elected as Bank Asia EC chairman

FE DESK | 2023-05-08 00:00:00

Rumee A Hossain has been re-elected as the chairman of the board executive committee of Bank Asia Limited at the meeting of the board of directors held recently, said a statement.He is one of the sponsor directors of the bank....