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Budget deficit to remain high in next fiscal year also

FHM HUMAYAN KABIR | 2024-05-30 00:00:00

Budget deficit in the next fiscal year is likely to be Tk 2.50 trillion as the government frames a slightly expansionary budget amid ongoing elevated inflationary pressure, officials said, although inflation control remains its high priority.The government is likely to...

Dhaka WASA to raise water prices 10pc from Jul 01

2024-05-30 00:00:00

The price of water supplied by the Dhaka Water Supply and Sewerage Authority, or WASA, is increasing again. The authorities have decided to raise the water price by 10 percent from Jul 1, reports bdnews24.com.Dhaka WASA has set the new...

BD reports 18 Covid cases

2024-05-30 00:00:00

Bangladesh reported 18 more Covid-19 cases in 24 hours until Wednesday morning, reports UNB.With the new numbers, the country's total Covid-19 caseload rose to 2,050,429, according to the Directorate General of Health Services.The official death toll from the disease remained...

15 hospitalised with dengue

2024-05-30 00:00:00

Fifteen more people were hospitalised with dengue in 24 hours until Wednesday morning, reports UNB.Of the new patients, six were admitted to hospitals in Dhaka city and the rest outside it, according to the Directorate General of Health Services (DGHS).Currently,...

Weather (2024-05-30)

2024-05-30 00:00:00

Rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Rangpur, Mymensingh, Sylhet, Dhaka and Chattogram divisions in the next 24 hours from 06:00 am today (Thursday), according the Met Office. Day temperature may...

Saber urges developed nations to keep climate pledges

2024-05-30 00:00:00

Environment, Forest and Climate Change Minister Saber Hossain Chowdhury on Wednesday said the world must act and commitments of rich nations must be fulfilled to address climate change impacts, reports BSS."Climate change is underfunded. Each time there are pledges by...

Raise fiscal jurisdiction ceiling to Tk1.0m

FE REPORT | 2024-05-30 00:00:00

Citizens of different municipalities have to go to the courts to settle petty disputes, in spite of their unwillingness, as ceiling of the fiscal jurisdiction is limited in an existing law.Keeping this in view, speakers at a national seminar on...

Cabin crew member arrested with two kg gold at HSIA

2024-05-30 00:00:00

Law enforcement agencies arrested a Bangladeshi cabin crew member of Saudi Airlines on Tuesday night at Hazrat Shahjalal International Airport (HSIA), seizing nearly two kilograms of gold, reports UNB.The arrested individual, identified as Rokeya Khatun, was apprehended following the arrival...

Palak receives 'UN WSIS Award 2024'

2024-05-30 00:00:00

State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak received the 'United Nations World Summit on Information Society (WSIS) Award-2024' for the videoconferencing app 'Boithak', reports BSS.The state minister received the award at a function held in Geneva,...

Separate nat'l database on returnee women migrants demanded

FE REPORT | 2024-05-30 00:00:00

Migrant rights activists have demanded separate national database on returnee women migrant workers for ensuring their sustainable social and economic reintegration.They also suggested that the Wage Earners' Welfare Board provide financial supports for the children of women migrant workers born...

Mohammad Ali Arafat distributing Bangladesh Press Council Award 2022

2024-05-30 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat distributing Bangladesh Press Council Award 2022 at a programme organised by Bangladesh Press Council at Information Bhaban Auditorium in the city on Wednesday — Focus Bangla

WB approves $700m for Rohingya crisis

FE REPORT | 2024-05-30 00:00:00

The World Bank (WB) has approved two projects totaling US$700 million to provide basic services and build disaster and social resilience for both the host communities and displaced Rohingya population in Bangladesh. The approval was given at the meeting of...

Purba Bangla Communist Party leader Saiful arrested

2024-05-30 00:00:00

JASHORE, May 29 (UNB): Saiful Alam Member, the second-in-command to Shimul Bhuiyan, a leader of the defunct extremist group Purba Bangla Communist Party, has been arrested by Detective Branch (DB) of police in connection with the murder of Jhenaidah-4 MP...

Law to take its own course

2024-05-30 00:00:00

Clarifying the government's stance about graft allegations against former heads of army and police Aziz Ahmed and Benazir Ahmed respectively, Prime Minister's Private Industry and Investment Adviser Salman F Rahman on Wednesday said that it won't give protection to anyone...

Zia inspired Bangladeshi nationalism: Fakhrul

FE REPORT | 2024-05-30 00:00:00

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir said on Wednesday that the philosophy of 'Bangladeshi nationalism' introduced by former president Ziaur Rahman and his ideology created strong inspirations in the minds of the country's people."The spirit of...

3rd-phase UZ voting participatory: Quader

2024-05-30 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday said the third phase upazila (UZ) election was held in a festive mood and it was peaceful and participatory, reports BSS."No casualty was reported during...

UPS to make parcel-tracking tags in India

2024-05-30 00:00:00

LONDON, May 29 (Reuters): United Parcel Service, the world's biggest parcel delivery firm, is in talks with several Indian state governments to make some of the tags used in tracking packages in the Asian country, a senior executive told Reuters...

IMF lifts China growth forecast but warns on industrial policy

2024-05-30 00:00:00

BEIJING, May 29 (AFP): The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing's industrial policy risks a "misallocation" of resources and could harm trade.The world's number-two economy has been battered in recent...

HALIMA AWARDED TK 1.0M ON WALTON FRIDGE PURCHASE

2024-05-30 00:00:00

Halima Akter Dipu, a private company employee in the capital's Demra area, was awarded Tk 1.0 million under the ongoing Digital Campaign Season-20 of electronics giant Walton. She got the award as part of the 'Nonstop Millionaire' offer after she...

UTTARA MOTORS HANDS OVER BAJAJ PULSAR N250

2024-05-30 00:00:00

The final mega raffle draw winner of a campaign titled 'Eid-er Khushi Bajaj-e Beshi', launched by the Uttara Motors Limited on the occasion of holy Eid-ul-Fitr, received a Bajaj Pulsar N250. Sameer Deshpande, Vice President of Bajaj Auto Ltd, India,...

FIRST SECURITY ISLAMI BANK TRAINING COURSE

2024-05-30 00:00:00

First Security Islami Bank organised a training course on 'Cash Management and Operation' with the participation of officials of the bank. Syed Waseque Md. Ali, Managing Director of the bank, was present as the chief guest at the closing ceremony...

NBL Relaunches 'Century Deposit Scheme'

2024-05-30 00:00:00

National Bank relaunched "Century Deposit Scheme" at the bank's head office on Wednesday. Managing Director & CEO Md. Touhidul Alam Khan attended the event as the chief guest. The deposit period for the "Century Deposit Scheme" is 100 days. This...

SOUTHEAST BANK DISTRIBUTES CSR FUND AMONG FARMERS -

2024-05-30 00:00:00

Southeast Bank PLC distributed special CSR fund among farmers for cultivation and purchasing agricultural machinery. The financial assistance was channelled to grassroots farmers through renowned non-government development organisation Community Development Centre (CODEC). The fund was handed over to Imrul Hasan,...

Bproperty launches Eid campaign

2024-05-30 00:00:00

Bproperty, the country's leading real estate marketplace, has launched its latest campaign titled 'Eid-er Khushi Digun Beshi'. This exciting campaign, running from May 27 to June 16, offers participants the chance to win incredible prizes through a lucky draw, says...

FBCCI seeks investment from Australia

2024-05-30 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought investment from Australian entrepreneurs and enterprises, reports BSS. FBCCI also proposed to establish a Comprehensive Economic Partnership Agreement (CEPA) or a Regional Trade Agreement (RTA) between Bangladesh and...

Mobile internet subscribers hits 138.59m

FE REPORT | 2024-05-30 00:00:00

Both mobile internet users and mobile subscribers witnessed a growth of nearly 3.89 million and 1.47 million respectively in April. The rise has brought the cumulative count of internet subscribers to 138.59 million, marking a record growth, according to the...

Six more MFIs partner with bKash for payment facility

2024-05-30 00:00:00

Six more leading microfinance institutions (MFIs) have signed agreements with bKash to use installment payment services for their loan and savings programmes. This convenient, fast and secure service is set to benefit over 500,000 microfinance customers, says a press release....

Fashion watchdog groups team up to improve working conditions

FE Report | 2024-05-30 00:00:00

The Fair Wear Foundation (FWF) and the Social & Labor Convergence Program (SLCP) announced a new memorandum of understanding (MoU) in Amsterdam on Wednesday to strengthen their collaboration and achieve improved working conditions in global garment supply chains.Fair Wear Foundation,...

UCB signs bancassurance agreement with Janata Insurance Company

2024-05-30 00:00:00

United Commercial Bank (UCB) recently entered into a bancassurance agreement with Janata Insurance Company Limited. The agreement, signed at UCB's corporate head office, intends to offer insurance products to UCB's customers. Signatories for UCB included Syed Faridul Islam, managing director...

Bank Asia holds certificate awarding ceremony

2024-05-30 00:00:00

Bank Asia held a certificate awarding ceremony for the 61st foundation training course for its officers. Shafiuzzaman, managing director (current charge) of the bank, was the chief guest and presented certificates to participants at the concluding ceremony. Alkona K Choudhuri,...