DOULOT AKTER MALA | 2023-05-05 00:00:00
Bangladesh is missing out on the potential of a rapidly expanding coffee market and failing to attract foreign investors to the sector thanks to high taxation on manufacturing. According to local manufacturers, the current tax incidences are stubbornly high, hindering...
Midland Bank's rise on DSE breaks the trendMidland Bank jumped 20.35 per cent in the outgoing week to Tk 13.60 on Wednesday as its earnings disclosure for 2022 held out hope for good returns on investment in the stock. Five...
FE REPORT | 2023-05-05 00:00:00
South Korea and Bangladesh signed a new Framework Arrangement on Thursday that will bring an impressive US$ 3 billion worth of concessional loans from the Economic Development Cooperation Fund (EDCF) during five years from 2023 through 2027.The signing ceremony took...
M AZIZUR RAHMAN | 2023-05-05 00:00:00
The government has planned to import eight liquefied natural gas (LNG) cargoes from the spot market for the second half (H2) of 2023 in addition to scheduled imports from the long-term suppliers.The imports from the spot market would be one-third...
YASIR WARDAD | 2023-05-05 00:00:00
A latest hit comes from edible oils as sugar, eggs and onions also became costlier to further augment woes of consumers already smarting under high inflationary pressure.The government permitted private refiners to raise soybean-oil price by Tk 9.0- Tk 12...
JUBAIR HASAN | 2023-05-05 00:00:00
Bangladesh sees foreign-debt buildup as the government opted for increased external borrowing largely to meet budget deficit and foreign-exchange needs amid lower incomes, sources say. Official statistics show the borrowing in terms of the US currency in the second quarter...
FE REPORT | 2023-05-05 00:00:00
The World Bank (WB) executive directors have appointed Ajay Banga, an Indian-born US business executive, as its group president for a five-year term.He will take over the WB Group’s responsibility from David Malpass on June 02.Mr Banga is the Vice...
Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at a few places over Rangpur, Rajshahi, Dhaka, Mymensingh, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the Met...
The two-day Ganokarma -chari Conference, the conference of Public Service of South Asia, begins today (Friday) at the Institution of Diploma Engineers in the city, organised by Bangladesh Government Employees Coordination Council, says a statement. Chairman of the Parliamentary Standing...
The densely populated capital of Bangladesh, Dhaka, has once again topped the list of cities around the world with the worst air quality, reports UNB.Dhaka's air quality was recorded at 159 at 8:55 am on Thursday, according to Air Quality...
FE REPORT | 2023-05-05 00:00:00
Acknowledging the negligence and insincerity of some physicians in providing healthcare, Health Secretary Dr Muhammad Anwar Hossain Howlader called for improving hospital environments to increase patient accessibility. While speaking at the National Conference 2023 on Sexual and Reproductive Health and...
FE REPORT | 2023-05-05 00:00:00
Bangladesh Fire Service and Civil Defence is set to propose the government to amend the Fire Prevention and Extinguishing Act, 2003 to get power of magistracy, Director General of the service Brigadier General Md Main Uddin said on Thursday.The law...
FE REPORT | 2023-05-05 00:00:00
The telecom regulator has launched test run of automated and completely online licence issuance process and management system on Thursday for its licensees to ease licensing. The Bangladesh Tele-communication Regulatory Commission (BTRC) appo-inted Business Automation Limited in last September to...
A total of 340 people were killed by lightning strikes in the country from April 2022 to May 3, 2023.Among them, 274 people including 239 men and 35 women died due to lightning strikes during the period of April to...
Buddha Purnima, the biggest religious festival of the Buddhists, was celebrated on Thursday across the country with due religious fervor and zeal, reports BSS.Like elsewhere in the world, the Buddhists in Bangladesh, chalked out different programmes, including colourful processions, puja,...
ARAFAT ARA | 2023-05-05 00:00:00
Fiji has emerged as a long-term potential job market for Bangladeshi migrant workers as Dhaka has started to receive demands from the Oceanian state on a regular basis.Professionals, skilled and semi-skilled workers have good prospects of going to Fiji with...
Law enforcement agencies are working to ensure security so that people of all religions can celebrate their religious festivals peacefully, said Inspector General of Police (IGP) Chowdhury Abdullah Al-Mamun on Thursday, reports UNB."We stand by you in any need and...
Jatiya Party on Thursday nominated its mayoral candidates for five city corporation polls-Gazipur, Sylhet, Khulna, Rajshahi and Barishal, reports BSS.The main opposition party in the Jatiya Sangsad, Jatiya Party nominated MM Niaz Uddin for contesting in the polls of Gazipur...
BNP Chairperson Khaleda Zia has returned to her residence from Evercare Hospital in the city on Thursday afternoon after five days of treatment and medical check-ups for various ailments, according to news portals.She was admitted to the hospital on Saturday...
Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud on Thursday said at the directives of BNP-Jamaat leaders, terrorists killed innocent people by hurling petrol bombs and carrying out arson attacks during the siege in 2013,...
BNP secretary general Mirza Fakhrul Islam Alamgir has alleged that the government has been working against independence and they should not be allowed to come to power again in any way, reports UNB."It's a matter of regret and shame that...
Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Thursday said those who are narrow-minded should not do politics for the betterment of the country, reports BSS."BNP is making statements saying that Sheikh Hasina could...
Foreigners turned net buyers of Asian stocks in April, bolstered by rising expectations the US Federal Reserve will pause its aggressive tightening cycle, and by other factors such as a weaker dollar and strong first-quarter company earnings, reports Reuters.Data from...
BABUL BARMAN | 2023-05-05 00:00:00
Emerald Oil Industries, a junk stock, has been flying high on the Dhaka Stock Exchange in the last one month despite it incurring losses and being unable to declare dividend for six years. The company paid 10 per cent stock...
HONG KONG, May 4 (AFP): Asian markets rose on Thursday, shrugging off the sour mood surrounding the Federal Reserve's announcement that it was raising interest rates yet again and likely keeping them high for the foreseeable future.All three major US...
FE REPORT | 2023-05-05 00:00:00
The Chittagong Stock Exchange (CSE) has revised its CSE-50 index based on the performance of the listed companies.The revised index, which will be in effect from May 11, includes 14 new companies replacing the same number of companies from the...
Babul Barman | 2023-05-05 00:00:00
Midland Bank jumped 20.35 per cent in the outgoing week to Tk 13.60 on Wednesday as its earnings disclosure for 2022 held out hope for good returns on investment in the stock. Five weeks after the debut trading on the...
BERLIN, May 4 (AFP): German exports fell sharply in March compared to a month ago, a sign of fragility in Europe's biggest economy, which recently reported stagnating growth for the first quarter.Germany exported 129 billion euros' worth of goods in...
SAN FRANCISCO, May 4 (AFP): Microsoft on Thursday expanded public access to its generative artificial intelligence programmes, despite fears that tech firms are rushing ahead too quickly with potentially dangerous technology.The AI-enhanced features of the company's Bing search engine and...
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