FE Today Logo

Search results for:


Need for a footbridge in Chashara

2024-06-04 00:00:00

Narayanganj, a well-known historic city and district within the Dhaka division, is rich in trade, industry, history, and legacy. Known as the "Dundee of the East", Narayanganj is situated on the banks of the Shitalakshya River. This district lies southeast...

Let them bloom

2024-06-04 00:00:00

Let's walk with them. Who are they? They are the softest part of our society. They are beautiful, fragrant, and soft like flowers. They spread serenity and the fragrance of life. If we extend a helping hand to them, they...

How much damage Remal did to Sundarbans' ecology?

Syed Fattahul Alim | 2024-06-04 00:00:00

How much devastation cyclone Remal has caused to life and property in Bangladesh will take some more time before it is fully comprehended and estimated. So far, as could be learnt, around 4.59 million people have been affected and some...

A never-ending ordeal of outbound workers

Zahid Huq | 2024-06-04 00:00:00

Last Friday, the outgoing passenger terminal of the Hazrat Shahjalal International Airport had turned into a sea of Malaysia-bound jobseekers. Hundreds of them carrying valid visas and no-objection certificates from appropriate government authorities thronged the airport but failed to fly...

Going all out for enhancing solar power generation

2024-06-04 00:00:00

While addressing the 2nd Dhaka Renewable Energy Financing Talk organised by Change Initiative at a venue in the city, Saber Hossain Chowdhury, Environment, Forest and Climate Change Minister, claimed that if the country's irrigation pumps can shift to solar power...

Economic growth and employment

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Towfiqul Islam Khan, Muntaseer Kamal, and Syed Yusuf Saadat | 2024-06-04 00:00:00

Bangladesh economy is currently under significant strain due to several ongoing challenges. While external factors such as the Covid-19 pandemic and the Ukraine war have left their mark, persistent domestic issues—such as policy weaknesses, poor governance, and failure to implement...

News in Brief-2024-06-04

2024-06-04 00:00:00

Imran acquitted of leaking state secretsISLAMABAD, June 03: A Pakistan high court on Monday overturned a treason conviction against former prime minister Imran Khan, who remains in jail on other charges. The decision by a two member bench at Islamabad...

Heat kills over 50 people in India in three days

2024-06-04 00:00:00

NEW DELHI, June 03 (BBC): More than 50 people have died in India over the past three days as a brutal heat spell continues to grip parts of the country. Around 33 people died in the northern state of Uttar...

Hunter Biden's federal gun case begins

2024-06-04 00:00:00

NEW YORK, June 03 (BBC): With the strike of a judge's gavel in Delaware, Hunter Biden, the son of Joe Biden, will become the first child of a sitting president to be a criminal defendant.Prosecutors allege that the younger Biden,...

Mexico elects woman president

2024-06-04 00:00:00

MEXICO CITY, June 03 (BBC): Claudia Sheinbaum has been elected as Mexico's first woman president in an historic landslide win. That gives her a lead of about 30 percentage points over her main rival, businesswoman Xóchitl Gálvez.Mexico's official electoral authority...

More than half of Gaza structures destroyed or damaged: UN

2024-06-04 00:00:00

GENEVA, June 03 (AFP): Some 55 percent of all structures in the Gaza Strip have been destroyed, damaged or possibly damaged since war erupted in the Palestinian territory eight months ago, according to preliminary satellite analysis by the UN.The analysis...

Feed prices remain high despite record maize harvest, low rates

YASIR WARDAD | 2024-06-03 12:00:00

While a possible record maize harvest has led to a decline in maize prices this year during peak harvesting season, small livestock, fisheries and poultry farms are seeing minimal benefit as feed costs remain high.Farmers and seasonal traders in the...

Global economic rebound to drive up BD goods’ demand

SYFUL ISLAM | 2024-06-03 12:00:00

Hopes underpin new budget outlook as the government eyes a boost in Bangladeshi goods on the international market in the upcoming fiscal year on gradual global economic rebound.Also, as the economic conditions in major economies like Euro Zone and the...

Looking for alternative reserve assets

Syed Fattahul Alim | 2024-06-03 12:00:00

Worries over falling foreign exchange reserves have been forcing many countries to look for alternatives to US dollar (USD) as reserve currency. Bangladesh, for instance, is concerned as its foreign exchange reserves position has been falling persistently since it reached...

Cheque dishonour: Evaly Chairman, CEO get one year jail

2024-06-03 00:00:00

CHATTOGRAM, June 02 (UNB): A court here on Sunday sentenced e-commerce platform Evaly's Chairman Shamima Nasrin and CEO Mohammad Rassel, to one year of imprisonment each in a cheque dishonour case.The court also fined them Tk180, 000.Judge Md Mohiuddin of...

Private sector credit flow grows 9.9pc in April

FE REPORT | 2024-06-03 00:00:00

Bank lending to the private sector grew by 9.9 per cent in April this year, a decline from the 11.28 per cent growth in the same period of the previous year, according to Bangladesh Bank. In March 2024, the private...

WHO countries prolong talks on pandemic accord

2024-06-03 00:00:00

GENEVA, June 2 (AFP: World Health Organization members on Saturday extended negotiations on a landmark global agreement on handling future pandemics for up to a year, as the WHO chief warned that the next crisis was just a matter of...

Commercial cattle farmers in Dhaka are readying their cows for Eid-ul-Azha

2024-06-03 00:00:00

Commercial cattle farmers in Dhaka are readying their cows for Eid-ul-Azha, the second biggest Muslim festival. The photo was taken on Sunday from Basila of Dhaka's Mohammadpur area. — FE Photo

149 bhori gold stolen from bank locker in Ctg

Our Correspondent | 2024-06-03 00:00:00

CHATTOGRAM, June 02: An incident of 149 bhori gold ornaments worth around Tk15 million getting stolen from a locker of Islami Bank's Chawkbazar Branch in Chattogram has come to light.The incident that occurred presumably on Wednesday last was disclosed on...

Earthquake jolts parts of country

2024-06-03 00:00:00

A 4.8-magnitude earthquake jolted different parts of the country, including Dhaka, Chattogram, Sylhet, Rangamati and Khagrachari districts, at 2:45pm today, reports BSS.The epicentre of the earthquake was in Mawlaik in Myanmar, about 442km south-east of Dhaka, according to the website...

Remittances surge over 32 per cent in May

FE REPORT | 2024-06-03 00:00:00

Bangladesh's remittance inflow surged by over 32 per cent year-on-year in May, offering a much-needed respite to the economy wrestling with a foreign exchange shortage.Confirming the development, Bangladesh Bank (BB) Spokesperson Md Mezbaul Haque said the country received $2.25 billion...

BD will befriend countries that aid its dev: PM

2024-06-03 00:00:00

Bangladesh will befriend those countries that help in its journey towards development, says Prime Minister Sheikh Hasina, report agencies.The prime minister made the remarks after handing out awards to the winners of a one-minute video competition titled 'Amar Chokhe Bangabandhu'...

Freight container spot rates mounting

JASIM UDDIN HAROON | 2024-06-03 00:00:00

Spot rates of ocean freight containers to and from Bangladesh have been rising since the start of May, prompting speculation that it may reach the Covid period when it trebled.Top shipping executives in Bangladesh told the FE that this is...

Briefing 2024-06-03

2024-06-03 00:00:00

Prayer Timings (2024-06-03)

2024-06-03 00:00:00

Today's Matches (2024-06-03)

2024-06-03 00:00:00

Trouble brewing for tea as costs outpace prices

GULAM RABBANI | 2024-06-03 00:00:00

Despite record production in 2023, local tea estates are facing financial strain as a number of commercial tea growers have been forced to shutter businesses in the face of recurring losses.The cause of this crisis is a perfect storm: production...

Macroeconomic stability, not growth should take priority

FE REPORT | 2024-06-03 00:00:00

Focus should be on long-term macroeconomic stability instead of annual growth and prioritising public expenditure but not curtailing social-safety-net annuities, says CPD to show which course development drives ought to steer. The Centre for Policy Dialogue (CPD) also suggests taming...

Nearly 17,000 failed to go to Malaysia

2024-06-03 00:00:00

Around 17,000 people, who were planning to go to Malaysia, failed to go there within the stipulated time, said State Minister for Expatriate Welfare and Overseas Employment Shofiqur Rahman Chowdhury on Sunday, reports UNB.Already a six-member body, headed by additional...

Public varsities, MPO-listed institutions to pay double

DOULOT AKTER MALA | 2024-06-03 00:00:00

Source tax on bank-interest incomes of public universities and MPO-listed educational institutions may double in the upcoming fiscal, sources said, as the government targets revenue boost to cut budget shortfalls.The tax rate is likely to be hiked twofold to 20...