FE REPORT | 2022-09-30 00:00:00
The government has introduced a national public welfare trophy for Bangladeshi citizens for encouraging voluntary contribution to development of the underprivileged group.The Ministry of Social Welfare has issued the National Public Welfare Policy-2022 (Jatiyo Manab Kollayan Padak), replacing the Mother...
FE REPORT | 2022-09-30 00:00:00
The country is expected to send more than 1.0 million workers abroad this year, said Expatriates' Welfare and Overseas Employment (EWOE) Minister Imran Ahmad at an award distribution ceremony in the city on Thursday.He also expressed hope that the remittance...
FE REPORT | 2022-09-30 00:00:00
Bangladesh Competition Commission (BCC) has grilled five companies and individuals in eight cases for their alleged involvement in price manipulation of essentials like rice, flour, egg and chicken, and toiletries since February this year, said the commission sources. The companies...
FE REPORT | 2022-09-30 00:00:00
Rice, beef and powdered milk witnessed a further hike in price last week intensifying woes of the commoners already battered between higher inflation and squeezed income.Market insiders said rice witnessed a Tk 3.0-10 hike a kg as coarse rice sold...
FE REPORT | 2022-09-30 00:00:00
The document verification system (DVS) would bring a radical change in financial reporting to ensure transparency and accountability in businesses, speakers told a dialogue on Thursday.They called for a combined effort by the business community, Financial Reporting Council, ICAB and...
Stocks finish green amid cautious tradingStocks managed to close marginally up for a second straight session on Thursday as the bargain hunters showed their buying appetite for selective issues ahead of corporate declarations by June-closing firms. The market opened on...
FE REPORT | 2022-09-30 00:00:00
The Ministry of Commerce (MoC) has assured of considering a proposal of the Business Initiative Leading Development (BUILD) for issuing trade licences for at least five years instead of the present one-year renewal provision to facilitate the ease of doing...
M AZIZUR RAHMAN | 2022-09-30 00:00:00
Bangladesh may see a quantum leap in coal-fired power generation shortly with new capacity coming online as the country courts undesirable tradeoff to avoid costly gases, amid a global paradigm shift. With the new output to be available from plants...
FE REPORT | 2022-09-30 00:00:00
Non-bank financial institutions (NBFIs) must seek prior permission from the central bank to lend money to their subsidiaries or associates and waive loans or interest.The Bangladesh Bank (BB) took the directive to protect the interests of depositors and restore discipline...
FE REPORT | 2022-09-30 00:00:00
US Ambassador in Dhaka Peter Haas on Thursday said that importing oil from Russia is not under sanctions.Addressing the "Meet the Press" programme organised by a local think tank in the city the US ambassador also noted that sanctions on...
FE REPORT | 2022-09-30 00:00:00
Comprehensive bilateral trade deals with the European Union and India at the next door could boost Bangladesh's GDP by 0.4 per cent and 0.5 per cent respectively, says the World Bank as it recommends massive reforms. The country's export to...
FE REPORT | 2022-09-30 00:00:00
Borrowing funds gets costlier as the central bank raises the benchmark interest rate to 5.75 per cent to control spiraling consumer prices pushed by raging inflation.Bangladesh Bank (BB) raised the repo rate, known as repurchase agreement in banking parlance, by...
Light to moderate rain/thunder shower accompanied by temporary gusty wind is likely to occur at many places over Rajshahi division in the next 24 hours from 06:00 am today (Friday), according to the Met Office.It may also occur at a...
Another 506 patients were hospitalised with dengue in 24 hours until Thursday morning, reports UNB.Of the new patients, 367 were admitted to different hospitals in Dhaka and 139 outside it.A total of 1,874 dengue patients, including 1,427 in the capital,...
FE REPORT | 2022-09-30 00:00:00
Police recovered the body of a British citizen from a residential hotel in the capital's Uttara area on Thursday. He was identified as Dugald Finlason (60). A duty officer of Uttara East Police Station told the FE that on information...
Chief of Army Staff General SM Shafiuddin Ahmed poses for photograph with others at the 42nd annual Commandant Conference-2022 of the Armoured Corps on the Armoured Corps Centre and School premises in the Majhira Cantonment, Bogura on Thursday — ISPR
OUR CORRESPONDENT | 2022-09-30 00:00:00
CHATTOGRAM, Sept 29: A passing out parade and oath taking ceremony of the freshly trained 849 soldiers under the 98th recruit batch of the Border Guard Bangladesh (BGB) was held at the Bir Uttam Mojibur Rahman Parade Ground of the...
SM NAJMUS SAKIB | 2022-09-30 00:00:00
A cheap Covid testing kit developed by the government scientific research institute has seen a slow progress in obtaining official clearance. The developer of the newly-developed kit requires the no objection certificate (NOC) from the concerned regulatory authority of government...
TANGAIL, Sept 29 (BSS): Awami League (AL) Presidium Member and Agriculture Minister Dr Abdur Razzaque today said that the government is determined to hold a free, fair and participatory election."The next (parliament) election will be free and fair. We will...
RANGPUR, Sept 29 (BSS): Election Commissioner (EC) Rashida Sultana on Thursday said there is a surprise in the next national elections to make it participatory with participation of all political parties."Many political parties did not respond to the Election Commission's...
Information and Broadcasting Minister Dr Hasan Mahmud on Thursday said it is the ethical responsibility of the mass media to present the real scenario of achievements, development and progress along with mistakes of the government, reports BSS."It is the responsibility...
BNP senior leader Gayeshwar Chandra Roy on Thursday declared that people will make their ongoing movement a success this time defying all obstacles and repressive acts, reports UNB."No obstacle could ever help sustain fascism or dictatorship. No movement can be...
Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Thursday urged the BNP leaders to take part in elections shaking off the thought of the caretaker government, reports BSS."The elections will be held in the...
LONDON, Sept 29 (AFP): UK Prime Minister Liz Truss on Thursday defended her tax cutting policy after days of silence during which markets tanked and the Bank of England was forced into an emergency intervention."We had to take urgent action...
RIYADH, Sept 29 (Arab News): The unemployment rate for Saudis decreased to 9.7 per cent in the second quarter of 2022 fueled by government reforms directed at the labor market, according to data released by the General Authority for Statistics.Additionally,...
RIYADH, Sept 29 (Arab News): China will sell sovereign bonds totalling $340 billion in the final months of this year as the Asian giant taps the remaining annual quota and refinances maturing special bonds.The government has issued 1.09 trillion yuan...
FRANKFURT, Sept 29 (AFP): Luxury sports carmaker Porsche raced onto the Frankfurt stock exchange Thursday with one of Europe's biggest listings in years, leveraging its brand power to defy global market turmoil.Its shares rose to over 84.70 euros ($81.90) in...
Euro zone government bond yields rose on Thursday as German data shifted the market focus to surging inflation, while gilt investors resumed selling after the Bank of England (BoE) stepped in to quell a storm the day before, reports Reuters.Euro...
BEIJING, Sept 29 (AP): European stocks tumbled on Thursday and Asian markets were mixed after British Prime Minister Liz Truss defended a tax-cut plan that rattled investors.London's market benchmark plunged 2.3 per cent and Frankfurt lost 1.9 per cent in...
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