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Next budget to focus on Smart BD concept, 4IR challenges

FE REPORT | 2023-05-24 00:00:00

Keeping in mind the concept of “Smart Bangladesh”, the budget for the fiscal year 2023-24 will focus on creating smart manpower to cope with the impacts of the Fourth Industrial Revolution (4IR).Officials said the lack of smart manpower will hinder...

Direct tax regime getting facelift

DOULOT AKTER MALA | 2023-05-24 00:00:00

Bangladesh is getting a full-fledged income-tax law after 39 years from July with an updated direct-tax regime shifting government reliance on import taxes that make imported goods costlier.The changes in direct tax measures would come through ‘The Income Tax Law...

PM joins opening session

2023-05-24 00:00:00

DOHA, May 23: Prime Minister Sheikh Hasina joined the opening session of the 3rd Qatar Economic Forum here on Tuesday morning.The forum is being held at Fairmont & Raffles hotels in Lusail city on May 23-25, reports UNB.Sheikh Hasina arrived...

Weather (2023-05-24)

2023-05-24 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Mymensingh, Dhaka, Khulna, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Wednesday), according to the Met Office. The highest temperature...

Death anniv of Salehuddin today

2023-05-24 00:00:00

Today (Wednesday) is the 40th death anniversary of Bengali language movement organiser and veteran freedom fighter Barrister Syed Kamrul Islam Mohammed Salehuddin, says a statement. He was one of the pioneer organisers of the Liberation War in 1971 and a...

DCCI's ex-president Shahjahan Khan passes away

2023-05-24 00:00:00

Mohammad Shahjahan Khan, former President of Dhaka Chamber of Commerce and Industry, breathed his last on Monday in Bangkok, Thailand, reports UNB.He was 73 years old.Shahjahan Khan served as president of DCCI in 2014. In addition, he was the senior...

United Hospital marking International Nurses Day 2023

2023-05-24 00:00:00

A week-long programme organised by United Hospital marking the International Nurses Day 2023 concluded recently. With the theme, "Our Nurses Our Future," the event which featured three special health discussions ended with a grand session on May 20. Managing Director...

JU IBA to get its own building

JU CORRESPONDENT | 2023-05-24 00:00:00

Promising enhanced academic facilities, the construction work of the building of the Institute of Business Administration (IBA) has been started in Jahangirnagar University (JU).JU Vice Chancellor Professor Dr Md Nurul Alam inaugurated the ceremony of the beginning of the construction...

TIB says 'shoot the messenger' practice set

FE REPORT | 2023-05-24 00:00:00

The Transparency International Bangladesh (TIB) has condemned the removal of Dhaka WASA (DWASA) chairman Golam Mostafa who brought allegations against managing director Taqsem A Khan of arbitrariness.Earlier on May 19 in a statement, the TIB called upon the government to...

US to help BD improve cold chain management

FE REPORT | 2023-05-24 00:00:00

The United States (US) will help Bangladesh improve its cold chain management.Bangladesh Cold Storage Association (BCSA) has taken an initiative to develop international standard cold chain management in the country, according to a statement issued on Tuesday.To this effect, on...

DSCC mayor expects responsible role from stakeholders in dengue control

2023-05-24 00:00:00

Dhaka South City Corporation (DSCC) Mayor Barrister Sheikh Fazle Noor Taposh has said he expects a responsible role from all stakeholders to protect the people of Dhaka city from the outbreak of dengue disease by destroying the breeding grounds of...

Bangladesh receives 20 broad gauge locomotives from India

FE REPORT | 2023-05-24 00:00:00

Bangladesh Railway (BR) received 20 diesel-run broad gauge locomotives from India as grant on Tuesday.The new engines, received at the Darshana-Gede interchange point, are expected to facilitate both passenger and freight train operations in the country.Earlier, in 2020, the BR...

Mirza Fakhrul tests Covid positive for 3rd time

2023-05-24 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir was hospitalised on Tuesday as he tested positive for Covid-19 for the third time, reports UNB.He has been receiving treatment at Square Hospital as per the advice of his physicians, said BNP vice...

US slams BNP leader's 'death threat' to PM

2023-05-24 00:00:00

The United States has condemned the Rajshahi BNP leader's public 'death threat' against Prime Minister Sheikh Hasina, noting that they stand firmly against any attempts to incite violence, reports UNB."The US Embassy condemns the use of any inflammatory language, intimidation,...

Independent media indispensible for a democracy: Hasan

2023-05-24 00:00:00

Information and Broadcasting Minister and Awami League (AL) Joint General Secretary Dr Hasan Mahmud on Tuesday said independent, transparent and responsible media is conducive to economic uplift and indispensible for a democratic society, reports BSS."Under the leadership of Prime Minister...

Deposition of PWs against Khaleda, others begins

2023-05-24 00:00:00

A court in the city on Tuesday started recording deposition of prosecution witnesses (PWs) in Niko graft case against BNP chairperson Begum Khaleda Zia and seven others, reports BSS.Plaintiff of the case and then assistant director of Anti-Corruption Commission (ACC)...

Final phase of oust-govt movement soon

2023-05-24 00:00:00

BNP senior leader Gayeshwar Chandra Roy on Tuesday threatened that their party will begin the final phase of movement soon to oust the Awami League government, reports UNB.Speaking briefly before launching the Dhaka South City unit's road march in front...

Govt won't interfere in city polls: Quader

2023-05-24 00:00:00

Vowing that all upcoming city elections, including Gazipur city one, will be free and fair, Awami League General Secretary Obaidul Quader on Tuesday said the government will not interfere in the elections, reports BSS."It will be shown that how to...

IMF asks Sri Lanka to speed debt restructuring

2023-05-24 00:00:00

COLOMBO, May 23, 2023 (BSS/AFP) - The International Monetary Fund asked Sri Lanka Tuesday to speed its debt restructuring and warned any delays could undermine efforts to overcome the country's worst economic crisis.Sri Lanka expected a quick deal with creditors...

Govt works relentlessly to reach land services to people doorsteps

2023-05-24 00:00:00

RAJSHAHI, May 23 (BSS)- Present government has been working relentlessly to reach the land services to the peoples doorsteps through digitizing those for welfare of the public in general.The government under the prudent and dynamic leadership of Prime Minister Sheikh...

India's Adani stocks rally after SEBI probe draws a blank on foreign links

2023-05-24 00:00:00

BENGALURU, May 23 (Reuters): Adani Enterprises Ltd led the gains among shares of Adani Group companies on Tuesday, extending a rally after a Supreme Court panel said on Friday it was not "possible to conclude regulatory failure on allegation of...

Shell CEO shielded by security as climate protesters try to storm shareholder meeting

2023-05-24 00:00:00

LONDON, May 23 (Reuters): Security staff shielded Shell Chief Executive Wael Sawan and the firm's board of directors as climate protesters tried unsuccessfully to storm the stage at the energy giant's annual shareholder meeting in London on Tuesday.Shell Chairman Andrew...

Markets nervous on Fed ceiling uncertainty, US yields rise

2023-05-24 00:00:00

SINGAPORE, May 23 (Reuters): Markets were cautious on Tuesday, as the latest talks over the US debt ceiling offered something for optimists and pessimists, leaving European shares just shy of last week's 15-month top, and US benchmark yields at their...

S&P 500 seen dipping between now and year-end

2023-05-24 00:00:00

NEW YORK, May 23 (Reuters): The S&P 500 index of US shares will slip marginally between now and year-end as past interest rate hikes, troubled regional banks and weak earnings weigh on sentiment, according to strategists in a Reuters poll.They...

Japan's Nikkei at 33-year high has more wind in its sails

2023-05-24 00:00:00

SINGAPORE, May 23 (Reuters): As Japan's stock market sits atop 33-year highs last seen during the country's 'bubble" era, investors are bullish that the rally in the world's third-largest market has only just begun.Cheap valuations, corporate reforms, outflows from China,...

Pubali Bank signed remittance drawing agreement with Small World Financial Services

2023-05-24 00:00:00

Pubali Bank Limited signed a remittance drawing agreement with Small World Financial Services at the Bank's Head Office recently. The agreement aims to deliver remittances sent by expatriate Bangladeshis quickly and easily. Stanley Wachs, Managing Director, Northern Europe, Africa and...

Shahjalal Islami Bank signed remittance drawing agreement with Small World Financial Services

2023-05-24 00:00:00

Shahjalal Islami Bank Ltd has signed a remittance drawing agreement with Small World Financial Services, an international money transfer company, at the bank's Corporate Head Office recently. Additional Managing Director & CBO of the bank Abdul Aziz and the Group...

Daraz, Visa partner to introduce co-branded card

2023-05-24 00:00:00

Daraz, the leading e-commerce marketplace in Bangladesh, in collaboration with Visa, the global leader in digital payments, has announced an exciting partnership to introduce a co-branded card. This collaboration not only aims to create a seamless payment solution for all...

Incepta’s Akter Jahan gets CIP status

2023-05-24 00:00:00

In recognition of significant contribution to the country's economy the Ministry of Industries has honoured Incepta Vaccines Ltd's Vice-chairman Akter Jahan Hasneen Muktadir as a Commercially Important Person (CIP) in the mid-level Industry category, says a press release.In a programme...

Confidence Group Vice Chairman becomes CIP

FE DESK | 2023-05-24 00:00:00

Vice Chairman of Confidence Group Imran Karim has been recognised as a commercially important person (CIP) for the year 2021 by the Ministry of Industries for his contributions to the business sector in the large industrial manufacturing company category and...