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Dhaka stocks close green before Eid holidays

FE REPORT | 2024-06-14 00:00:00

Dhaka stocks managed to stay positive for the second day in a row on Thursday as bargain hunters opted to take positions in beaten-down issues in anticipation of short-term gains.Market analysts said that after a sharp correction in recent weeks,...

Bangladesh Finance reports first-time loss for 2023 on higher default risk

FE REPORT | 2024-06-14 00:00:00

Bangladesh Finance endured losses for the first time in 2023 for what it said is higher provision and a substantial decline in income from investment in securities in the bearish market. The non-bank financial institution (NBFI) has reported a loss...

How homeopathic colleges compromise qualities

2024-06-14 00:00:00

Since 1790, homeopathic treatment, pioneered by the German scientist Christian Friedrich Samuel Hahnemann, has grown in popularity. With increasing awareness of the side effects of antibiotics, interest in homeopathy has surged, bolstered by confidence in this treatment system. Recognising this,...

Harnessing potential of maritime resources

2024-06-14 00:00:00

Since securing exclusive rights to a significant area in the Bay of Bengal in 2013, Bangladesh has had the opportunity to capitalise on its maritime resources for economic growth and prosperity. However, a decade later, we find ourselves falling short...

Public transports in a shambles

Shiabur Rahman | 2024-06-14 00:00:00

The inhabitants of Dhaka city have been bombarded with the official jargon of turning the city into a 'tilottoma' or incomparably beautiful capital since the regime of HM Ershad. Although survey reports find the capital of Bangladesh as one of...

Where engineering and technological universities falter

Nilratan Halder | 2024-06-14 00:00:00

The Quacquarelli Symonds (QS) University Rankings, the pioneer in this field, has come up with ranking of global universities for their excellence in higher education for the year 2025. It is also the first to introduce what it calls the...

Hydropower from Nepal

2024-06-14 00:00:00

The approval given by the Cabinet Committee on Government Purchase (CCGP) for import of 40 megawatts of hydroelectricity from Nepal is a significant step towards materialising the plan to strengthen the country's grid power. While the deal is primarily between...

Justifying increased health budget for improved healthcare

Shafiun Nahin Shimul | 2024-06-14 00:00:00

Bangladesh has made notable strides in its health sector, earning accolades both nationally and internationally. Yet, beneath these achievements lies a troubling reality: the sector is riddled with inefficiencies and weaknesses, starkly exposed by various national and international emergencies including...

Fire in Kuwaiti building housing workers kills 41

2024-06-13 00:00:00

A fire that broke out in a building housing workers in the city of Mangaf in southern Kuwait early on Wednesday has killed at least 41 people, the country's deputy prime minister Sheikh Fahad Yusuf Saud Al-Sabah said during a...

363 foreigners detained in BD prisons

FE REPORT | 2024-06-13 00:00:00

A total of 363 foreigners are imprisoned or detained in different jails of Bangladesh for committing various crimes, Home Minister Asaduzzaman Khan told the House on Tuesday.Responding to a question of lawmaker Farida Yasmin, the home minister said of the...

Mobile usage costs rise for 'irrational' SD, surcharge

FE REPORT | 2024-06-13 00:00:00

Telecom-industry leaders said on Wednesday that they could reduce mobile expenditure of customers significantly had the government cut what they call 'irrational' 20-percent supplementary duty and 01-percent surcharge imposed on the usages.They made the observation while speaking at a post-budget...

UGC approves Tk 117b for 55 public varsities in FY 25

FE REPORT | 2024-06-13 00:00:00

The budget allocation for the country's public universities has decreased in the fiscal year (FY) 2024-25 compared to the last fiscal, despite a demand for higher allocation in research and development from the universities. The University Grants Commission (UGC) has...

Court frames charges against Yunus, 13 others

FE REPORT | 2024-06-13 00:00:00

A Dhaka court framed charges against Nobel Laureate Prof Dr Muhammad Yunus and 13 others on Wednesday in a case filed on charge of embezzling and laundering Tk 252.2 million of Grameen Telecom Workers' Profit Participation Fund. Syed Arafat Hossain,...

Summit requests force majeure as FSRU function halts

M AZIZUR RAHMAN | 2024-06-13 00:00:00

Summit Group has applied to execute force majeure against a halt in the operation of its LNG (liquefied natural gas) terminal, according to sources.Summit LNG Terminal is preparing to leave the mooring facility in the Bay of Bengal as it...

BD among 10 countries on bottom rung

MONIRA MUNNI | 2024-06-13 00:00:00

Bangladesh, for the eighth consecutive year since 2017, ranks among 10 countries of the world that stand on the bottom rung in guaranteeing labour rights, according to a global survey.Bangladesh's peers on the list are Belarus, Ecuador, Egypt, Eswatini, Guatemala,...

Prayer Timings (2024-06-13)

2024-06-13 00:00:00

Today's & Tomorrow's Matches (2024-06-13)

2024-06-13 00:00:00

Oman eases visa curbs for Bangladesh nationals

FE REPORT | 2024-06-13 00:00:00

Oman has decided to exempt certain categories of Bangladeshi nationals from its visa ban issued in October of last year.The categories are: family visas, visitation visas for citizens of Bangladesh residing in GCC (Gulf Cooperation Council) countries, physician, engineer, nurse,...

Trials of train travels for delayed departure

FE REPORT | 2024-06-13 00:00:00

Passengers travelling by rail on different routes underwent an ordeal as most of the trains at Kamalapur Station departed late on Wednesday.Thousands of city-dwellers started leaving the capital city of Dhaka by train to celebrate the upcoming festival with their...

India submits revised proposal for trial run

REZAUL KARIM | 2024-06-13 00:00:00

India has proposed afresh to conduct a trial run of a freight train up to Bhutan border via Bangladesh.The country has sent a revised draft memorandum of understanding (MoU) in this regard through its mission in Dhaka to the authorities...

Economists call for budget cuts, central bank tightening

FE REPORT | 2024-06-13 00:00:00

The government should re-examine its budget to trim the outlay by Tk 500 billion through expenditure-plan adjustments. Administrative costs, subsidies and other government spending could be reduced, while bank borrowing should be limited to less than Tk 900 billion, according...

Governance, transparency, time-bound strategy urgent

FE REPORT | 2024-06-13 00:00:00

Establishing governance, transparency and time-bound strategy are among urgent dos for helping Bangladesh economy out of its current predicament, eminent discussants said Wednesday at a dialogue and termed the proposed budget inappropriate for now.This is an "ordinary budget during an...

China proposal on Teesta project feasibility under consideration: PM

FE REPORT | 2024-06-13 00:00:00

The government is considering a proposal for a detailed feasibility study for implementation of the Teesta river-restoration and-management project, said Prime Minister Sheikh Hasina as the question arose in parliament Wednesday. She was responding to the question raised by lawmaker...

Heat wave may continue --

2024-06-13 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh and Sylhet divisions; at a few places over Dhaka and Chattogram divisions and at one or two places over Rajshahi,...

Remal losses estimated at Tk 70b

2024-06-13 00:00:00

The government has so far estimated the losses caused by cyclone Remal at Tk 70.0 billion, said State Minister for Disaster Management and Relief Md Mohibur Rahman on Wednesday, reports UNB.The overall damage report of the cyclone will be handed...

Court orders confiscation of more property of Benazir -

FE REPORT | 2024-06-13 00:00:00

The Anti-Corruption Commission (ACC) has identified more movable and immovable assets belonging to former Inspector General of Police (IGP) Benazir Ahmed and his family.In the latest development in a series of court orders related to Benazir Ahmed's alleged corruption, a...

DSCC to remove Eid-time animal waste in 24 hours

FE REPORT | 2024-06-13 00:00:00

Dhaka South City Corporation (DSCC) Mayor Sheikh Fazle Noor Taposh said on Wednesday that the wastes of sacrificial animals, produced on the day of Eid-ul-Azha, would be removed within 24 hours. He made the comment to the media after visiting...

31 KNF detainees transferred to Ctg Jail

2024-06-13 00:00:00

CHATTOGRAM, Jun 12 (UNB): A total of 31 members of the Kuki Chin National Front (KNF), an armed group, were transferred from Bandarban Jail to Chattogram Central Jail on Tuesday.The transfer included 16 women and 15 men, all under strict...

Ex minister Nasim's 4th death anniv today

2024-06-13 00:00:00

The 4th death anniversary of veteran Awami League leader and former health and family welfare minister Mohammed Nasim will be observed today (Thursday), reports BSS.Marking the day, political and different social organisations and his family members will place wreaths at...

Seven pro-BNP lawyers exempted from personal appearance

2024-06-13 00:00:00

The Supreme Court (SC) has exempted seven pro-BNP lawyers of the apex court from appearing personally in a contempt of court case filed against them for passing derogatory remarks on two SC judges, reports BSS.A four-judge Appellate Division bench led...