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FT publishes FM's rejoinder

FE Report | 2022-08-14 00:00:00

The rejoinder sent to the Financial Times by Finance Minister AHM Mustafa Kamal was published in the letter section of the London-based daily.Following is the text of the rejoinder: "We appreciate the Financial Times reporting on developments in the Bangladesh...

BD an important country for dev financing: AFD

FE Report | 2022-08-14 00:00:00

The Agence Francaise de Developpement (AFD), the French government's funding agency, considers Bangladesh as an important country in South Asia for development funding since 22 projects with portfolio of € 1.12 billion have been under its commitment so far in...

OHCHR chief due in city today

2022-08-14 00:00:00

UN High Commissioner for Human Rights Michelle Bachelet is scheduled to visit Bangladesh from Sunday to Wednesday, reports BSS."The government of Bangladesh warmly welcomes the first-ever visit of any UN High Commissioner for Human Rights," said a press release issued...

Private cars and motorbikes are parked illegally along a central reservation on the busy Paltan Road in Dhaka city.

2022-08-14 00:00:00

Private cars and motorbikes are parked illegally along a central reservation on the busy Paltan Road in Dhaka city. Even things go wrong with so many vehicles plying the wrong route, making a traffic mess in the area — Focus...

BFIU sought info from Swiss banks repeatedly: BB

2022-08-14 00:00:00

Bangladesh Financial Intelligence Unit (BFIU) repeatedly sought information from different countries including Switzerland about money laundered by Bangladeshis, said Bangladesh Bank (BB), reports UNB.In response to a query regarding the recent statement of the Swiss Ambassador, Md Serajul Islam, executive...

Power outage worsens public sufferings

FE REPORT | 2022-08-14 00:00:00

Countrywide electricity load shedding has intensified with the execution of once a week area-based holiday staggering in industrial zones, it has been alleged. The government implemented the fresh area-based rationing programme from Friday to minimise consumption of both natural gas...

Briefing 14-08-2022

2022-08-14 00:00:00

Savar Refractories’ delisting process Savar Refractories Ltd, a Z-category company, has started the process of voluntary delisting, being unable to carry on operation amid continued losses on account of shrinking demand for its products. Talking to the FE, the company's...

BB mulling fresh rules to manage forex volatility

Siddique Islam | 2022-08-14 00:00:00

The central bank is trying to set fresh rules on managing the volatility in foreign-exchange (forex) market and curb the falling trend of forex reserves.As part of the latest move, the Bangladesh Bank (BB) is scheduled to hold a meeting...

Costly diesel, low catch hit fishers, consumers

YASIR WARDAD | 2022-08-14 00:00:00

Diesel price hike, low hilsa catch and the turbulent sea are taking a heavy toll on the trade, thus hurting both the fishing community and consumers.Prices of the delicious silvery fish this peak monsoon are 15-20 per cent higher amid...

Prices of most items increasing A dozen eggs cost Tk 160

FE REPORT | 2022-08-14 00:00:00

Prices of egg, chicken, onion, edible oil and sugar increased further on Saturday intensifying consumers' woes during this toughest time. Farm egg price hit an all time high at Tk 160 a dozen in many city markets which was Tk...

Many projects shelved or part-funded

FHM HUMAYAN KABIR | 2022-08-14 00:00:00

More than half of the ongoing development projects face implementation setback as the government has restricted funding to mitigate macroeconomic worries, insiders say, as a global financial crunch upends normal plans worldwide. They say as many as 717 out of...

North South University Vice-Chancellor Prof Atiqul Islam and Pro-VC Prof Dr M Ismail Hossain, among

2022-08-14 00:00:00

North South University Vice-Chancellor Prof Atiqul Islam and Pro-VC Prof Dr M Ismail Hossain, among others, visit an exam centre of undergraduate admission test for fall semester-2022 on the university campus in the city on Saturday

DMCH interns' strike rolls into 3rd day

2022-08-14 00:00:00

Interns at Dhaka Medical College and Hospital continued their strike for the 3rd consecutive day on Saturday protesting what they said the failure of the law enforcement agencies in identifying the attackers on their fellow Sazzad Hossen, reports UNB. However,...

Light rain likely today---------------------

2022-08-14 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Khulna, Barishal and Chattogram divisions in the next 24-hour from 06:00 am today (Sunday), according to the Met Office.It may also occur...

Zero Covid death, 144 new cases

2022-08-14 00:00:00

FE ReportBangladesh reported zero Covid death and 144 new cases in the 24 hours until Saturday morning.The country last reported zero Covid-linked death on August 7.The daily test positivity rate dropped to 4.29 per cent from Friday's 4.75 per cent...

News in brief -----

2022-08-14 00:00:00

Police recover body of young man in cityPolice recovered body of a young man from a residence in the Lalbagh area in the capital on Saturday. The deceased was identified as Md Mamun (28). An official of Lalbagh Police Station...

Dengue cases keep rising ------

2022-08-14 00:00:00

Ninety-two more people were hospitalised with dengue-a viral infection-in the 24 hours until Saturday morning as cases have continued to increase in Bangladesh, reports UNB.Eighty-nine new patients were admitted to the hospitals of Dhaka and three outside it, according to...

Implementation of Teesta management, restoration master plan demanded

2022-08-14 00:00:00

International Farakka Committee on Saturday demanded the implementation of the Teesta Master Plan to protect thirty million people living in its basin in Bangladesh from heavy flood and river banks erosion. Atiqur Rahman Salu, chairman of IFC, voiced the demand...

Tea garden workers enforced an indefinite strike and staged a sit-in programme demanding daily wage hike from Tk120 to Tk300

2022-08-14 00:00:00

Tea garden workers enforced an indefinite strike and staged a sit-in programme demanding daily wage hike from Tk120 to Tk300 at Chhoti Central Shaheed Minar in Sylhet on Saturday — Focus Bangla

People's needs not reflected in election manifestos: CPD

2022-08-14 00:00:00

FE ReportThe needs and interests of the common people are not properly reflected in the election manifestos prepared by the political parties before the elections, according to the findings of a series of courtyard meetings across the country.Participants in the...

Jubo League member found dead in Natore

2022-08-14 00:00:00

NATORE, Aug 13 (UNB): A 30-year-old Jubo League member was found dead near a railway track at Kalikapur Amhati in Sadar upazila of Natore district on Saturday.The deceased was identified as Nusat, an activist of the Sadar unit of Jubo...

Framework done for commission to unearth Aug 15 plotters: Anisul

2022-08-14 00:00:00

A framework has been readied for forming a commission to unearth the plotters of August 15, 1975 carnage that saw the brutal assassination of the nation's founding father Bangabandhu and most of his family members, said Law, Justice and Parliamentary...

Corruption, suicidal deals behind energy crisis: BNP

2022-08-14 00:00:00

The BNP on Saturday blamed the government's "pervasive corruption, suicidal deals and imprudent plans" for the current crisis in the power and energy sector, reports UNB.At a press conference at BNP chairperson's Gulshan office, party Secretary General Mirza Fakhrul Islam...

Be careful with your words, conduct

2022-08-14 00:00:00

Awami League leader Obaidul Quader has warned members of the ruling party against 'flaunting' powers and called on them to conduct themselves judiciously amid the ongoing economic crisis, reports bdnews24.com."Everyone must speak and act responsibly. It is not appropriate to...

Lionel Messi misses out on Ballon d'Or nomination

2022-08-14 00:00:00

PARIS, Aug 13 (AP): Seven-time Ballon d'Or winner Lionel Messi was omitted from the 30-man list of nominees for the prestigious award on Friday for the first time since 2005.The Argentina great edged out Poland striker Robert Lewandowski for the...

Women's IPL starts in March 2023

2022-08-14 00:00:00

NEW DELHI, Aug 13 (PTI): The much-awaited Women's IPL will start in March, 2023 in a one-month window and in all likelihood with five teams, a senior Board of Control for Cricket in India (BCCI) official confirmed the development.The BCCI...

Shakib made T20 captain for Asia Cup, WC

2022-08-14 00:00:00

Shakib Al Hasan on Saturday has been named made Bangladesh's Twenty20 international captain after he bowed to a Bangladesh Cricket Board (BCB) ultimatum to scrap a deal with a betting site, report agencies.The all-rounder was given the nod to lead...

Albanian farmer feeds coffee to fields amid fertiliser crunch

2022-08-14 00:00:00

MAMURRAS (Albania), Aug 13 (AFP): With the pandemic and the Ukraine conflict sending fertiliser prices through the roof, Albanian farmer Alban Cakalli has turned to coffee, one of the Balkan country's great loves, to nourish his fields.The 38-year-old farmer owns...

Tourists, locals irate over Machu Picchu snafu

2022-08-14 00:00:00

AGUAS CALIENTES, Peru, Aug 13 (AFP): The suspension of ticket sales to Machu Picchu sparked protests among angry tourists and merchants from the town closest to the Inca citadel.Authorities had recently begun limiting the number of visitors to the jewel...

Oil leak affecting US offshore output contained, Shell says

2022-08-14 00:00:00

HOUSTON, Aug 13 (Reuters): Top U.S. Gulf of Mexico oil producer Shell (SHEL.L) said on Thursday it halted production at three U.S. Gulf of Mexico deepwater platforms after a leak shut two pipelines connecting the platforms, adding it expected pipeline...