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Non-tax revenue notches down

JASIM UDDIN HAROON | 2022-08-18 00:00:00

Non-tax revenue (NTR), the second-biggest source of government revenues, contracted more than 33 per cent in ten months to last April, with its impact on total resource mobilisation in the last fiscal. Sources say lesser-than-targeted collection of fees and receipts...

The officers who took part in the National Defence Course 2022 exchanging views with senior defence

2022-08-18 00:00:00

The officers who took part in the National Defence Course 2022 exchanging views with senior defence secretary Golam Md Hasibul Alam at the Ministry of Defence at Sher-e-Bangla Nagar in the city on Wednesday — ISPR

Mosharraf Hossain's 8th anniversary of death today

2022-08-18 00:00:00

Today (Thursday) is the eighth death anniversary of Muhammad Mosharraf Hossain, a renowned industrialist, social worker and politician, says a press release.He was elected as a member of parliament from Feni-3 constituency three times.Mosharraf Hossain was also the president of...

Janmashtami today ----

2022-08-18 00:00:00

The Hindu community of the country will celebrate Janmashtami, marking the birth of Lord Krishna, today (Thursday) with due religious fervour, reports UNB. According to Hindu religion, Lord Vishnu incarnated in the universe as Lord Krishna in the prison of...

Acute gridlock cripples city

2022-08-18 00:00:00

FE REPORTSevere traffic congestion paralysed most of the key roads in the capital on Wednesday afternoon, causing immense sufferings to commuters.Important roads in the areas like Paltan, High Court, Matshya Bhaban, Shahbag, Farmgate, Tejgaon, Mogbazar, Kakrail, Jatrabari, Mirpur, Bijoy Sharani,...

Amend laws, enforce those strictly to curb sound pollution

2022-08-18 00:00:00

FE ReportSpeakers at a discussion on Wednesday urged the government to amend the existing laws and enforce those strictly to control sound pollution, as Dhaka has been ranked as the noisiest city in the world.They also suggested the Department of...

HC clears way for Labour Court proceedings against Prof Yunus

FE REPORT | 2022-08-18 00:00:00

The High Court on Wednesday cleared way for Labour Court to continue its proceedings of a case filed against Nobel laureate Prof Dr Muhammad Yunus and three others on charge of violating the labour law. The High Court has discharged...

Local fruits get dearer amid price hike of imported ones

ADNAN HOSSAIN BHUIYAN | 2022-08-18 00:00:00

Locally produced fruits become dearer for commoners after price hike of imported fruits amid imposition of regulatory duty and 100 per cent cash margin on letter of credit (LC) opening.Such contractionary measures by the government to save foreign currency led...

Five JMB men to die for bomb attack on Ctg Navy mosques

2022-08-18 00:00:00

A tribunal has sentenced five activists of banned Islamist outfit Jama'atul Mujahideen Bangladesh (JMB) to death in a case filed for the 2015 bomb attack on two mosques at the Bangladesh Navy's Issa Khan Base in Chattogram, report agencies.Judge Abdul...

BNP meets UN HR Commission's Asia-Pacific chief

2022-08-18 00:00:00

A BNP delegation on Wednesday met Rory Mungoven, the head of UN Human Rights Commission's Asia-Pacific section, at a city hotel and discussed the country's human rights situation, reports UNB. The four-member BNP delegation, led by the party's human rights...

Hasan for strict action against unreasonable price surge

2022-08-18 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud has warned that the government will take stern action if the prices of essential goods or transport fares are raised unnecessarily on the plea of hike in fuel prices, reports UNB.Taking the recent...

Indictment hearing in two cases against Khaleda Sept 13

2022-08-18 00:00:00

A Dhaka court has set September 13 for hearing on charge framing in two cases, one for observing fake birthday on National Mourning Day and another for stigmatising the War of Liberation, lodged against BNP chairperson Khaleda Zia, reports BSS.Additional...

Govt's mismanagement behind price hike of essentials: BNP

2022-08-18 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir alleged on Wednesday that the prices of essentials are going up alarmingly due to the government's corruption and mismanagement, reports UNB."The management of the consumer goods market is held hostage by a syndicate...

US retail sales flatline in July as gas prices fall

2022-08-18 00:00:00

WASHINGTON, Aug 17 (AFP): US retail sales held steady in July as gas prices fell sharply, but the new data released Wednesday showed consumers are still spending, keeping the pressure on the Federal Reserve to continue its aggressive interest rate...

Oil climbs $2 as US crude stocks plunge on strong export demand

2022-08-18 00:00:00

HOUSTON, Aug 17 (Reuters): Oil climbed about $2 after hitting a six-month low earlier on Wednesday as US government data showed a much larger than expected draw in crude inventories thanks to strong export demand.US crude stocks fell by 7.1...

UN ship with grain for Africa leaves Ukraine: ministry

2022-08-18 00:00:00

KYIV, Ukraine, Aug 17 (AFP): A UN-chartered vessel laden with grain set off from Ukraine for Africa on Tuesday following a deal to relieve a global food crisis, the ministry in charge of shipments said.The MV Brave Commander left the...

BRAC Bank observes Mourning Day

2022-08-18 00:00:00

BRAC Bank has observed the 47th martyrdom anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and National Mourning Day, says a press release. The bank conducted a Dua Mahfil on August 15 on a virtual platform. In his...

National Mourning Day in pictures ---

2022-08-18 00:00:00

Set up data centre to ensure BD's data sovereignty: Jabbar

2022-08-18 00:00:00

FE REPORT Posts and Telecommunications Minster Mustafa Jabbar Wednesday stressed the need for setting up data center whoever using data of Bangladesh and its people to ensure data sovereignty in the country. "Every national and international organisation working in the...

IDCOL funds 1.60 MWp Renata rooftop solar project

2022-08-18 00:00:00

The Infrastructure Development Company Limited (IDCOL) is going to finance a rooftop solar project of Renata Limited, says a statement.The 1.60 MWp project will be implemented on factory rooftops of Renata Ltd., located at Mirpur, Rajendrapur, Bhaluka, Keraniganj, Feni, Sylhet,...

A roadshow for the public subscription of the 'ICB AMCL CMSF Golden Jubilee Mutual Fund' was held at the

2022-08-18 00:00:00

A roadshow for the public subscription of the 'ICB AMCL CMSF Golden Jubilee Mutual Fund' was held at the Khulna Branch of ISTCL on Wednesday. Capital Market Stabilization Fund (CMSF) and ICB Asset Management Company Ltd (IAMCL) have jointly floated...

Mostafa Golam Quddus, Chairman, Rupali Insurance Company Limited, presided over the Half-Yearly Managers'

2022-08-18 00:00:00

Mostafa Golam Quddus, Chairman, Rupali Insurance Company Limited, presided over the Half-Yearly Managers' Conference-2022, held recently. Chief Executive Officer P. K. Roy, FCA, and Additional Managing Director Fauzia Quamrun Tania were also present.

World shares struggle

2022-08-18 00:00:00

World shares struggled and oil prices fell on Wednesday as the UK's highest inflation since 1982 and a rate hike in New Zealand reminded investors of the challenges facing the global economy, reports Reuters.MSCI's benchmark for global stocks came off...

News Briefs (2022-08-18)

2022-08-18 00:00:00

Islamic Banking Diploma exam results publishedIslami Bank Training and Research Academy (IBTRA) published the results of 'Diploma in Islamic Banking' (DIB) examinations for May 2022 session. Mohammed Monirul Moula, Managing Director & CEO of Islami Bank Bangladesh Limited, formally announced...

MTB showcases 'Student Banking' services at IUB

2022-08-18 00:00:00

Mutual Trust Bank Limited (MTB) and Independent University, Bangladesh (IUB) have recently organised a series of interactive and informative sessions under an integrated event titled 'IUBians meet the Bank' for the IUB students at the Multipurpose Hall on the university...

Credit rating for Bangladesh Thai Aluminium

2022-08-18 00:00:00

ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of Bangladesh Thai Alumi-nium Ltd as "A+" for long term and "ST-2" for short term along with a stable outlook in consideration of audited financials of the company up to...

MJL Bangladesh Limited has been awarded the Top Taxpayer Award 2021-22 in 'Service category' for a second consecutive year

2022-08-18 00:00:00

MJL Bangladesh Limited has been awarded the Top Taxpayer Award 2021-22 in 'Service category' for a second consecutive year at a ceremony organised by the Large Taxpayer Unit of NBR recently. On behalf of MJL Limited, S M Rahmatul Mujeeb,...

Achia Sea Foods jumps 392pc in a month

FE REPORT | 2022-08-18 00:00:00

The stock price of Achia Sea Foods, which made its debut on the SME Platform of the the Dhaka Stock Exchange (DSE) just a month ago, has been rising 'abnormally' riding on short-term speculation.Within a month, the SME firm's stock...

Mercantile Bank Limited recently opened two sub-branches -- Jigatola Sub-branch in Dhaka and Gharishar

2022-08-18 00:00:00

Mercantile Bank Limited recently opened two sub-branches -- Jigatola Sub-branch in Dhaka and Gharishar Bazar Sub-branch in Shariatpur. Chairman of the bank Morshed Alam, MP, virtually inaugurated the sub-branches as the chief guest. Managing Director & CEO of the bank...

Stocks extend gains for third straight day

FE REPORT | 2022-08-18 00:00:00

Stocks extended the winning streak for a third straight session on Wednesday amid increased participation of investors.The day's session opened on an upward trend and the benchmark equities index rose about 37 points within the first hour of trading, but...