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Power price raise likely again by Oct

M AZIZUR RAHMAN | 2022-08-03 00:00:00

Subscribers should brace for yet higher electric bills as the government considers raising power price again in October on grounds of subsidy cut-down and saving the country's foreign-exchange reserves from further depletion. Higher cost of primary fuel imports amid global...

TCB sale of essentials kicks off

FE REPORT | 2022-08-03 00:00:00

The Trading Corporation of Bangladesh (TCB) has started a drive to sell essential commodities to more than 10 million families at subsidised prices. Commerce Minister Tipu Munshi inaugurated the sales drive at a dealer point on Babar Road in Dhaka's...

July export growth slowest since Sept

FE REPORT | 2022-08-03 00:00:00

Bangladesh opened its current fiscal account with a slow export growth as July shipments show a 14.72-percent income rise to US$3.98 billion, for mainly external headwinds. The Export Promotion Bureau (EPB) Tuesday reported the 14.72 per cent growth in July,...

14 moneychangers pay for forex misdealing

SIDDIQUE ISLAM | 2022-08-03 00:00:00

Cleanup action continues to manage Bangladesh's volatile forex market as 14 moneychangers are being meted out punitive actions in government bid to tame the dollar and stabilise reserves. Sources said nine of the entities were going to be shut down...

Weather (2022-08-03)

2022-08-03 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Rajshahi, Dhaka, Mymensingh, Chattogram and Sylhet divisions in the next 24-hour from 06:00 am today (Wednesday), according to the Met Office.The...

Footpath digging causes immense suffering

2022-08-03 00:00:00

Footpath digging causes immense suffering to pedestrians at Bangla Motor in the city. The photograph was taken on Tuesday — Focus Bangla

HC issues rule over bail of two NSU trustees

FE REPORT | 2022-08-03 00:00:00

The High Court on Tuesday issued a rule asking the bodies concerned to explain in two weeks as to why two members of North South University's (NSU) trustee board, MA Kashem and Rehana Rahman should not be granted bail in...

Coast Guard arrested seven drug smugglers

2022-08-03 00:00:00

Members of Bangladesh Coast Guard arrested seven drug smugglers and seized 21,000 pieces of Yaba pills from a fishing boat at Chhera Dwip in the Bay of Bengal on Tuesday — Bangladesh Coast Guard

Biman offers web check-in

FE REPORT | 2022-08-03 00:00:00

Biman Bangladesh Airlines introduces web check-in facility on international routes for the convenience of passengers cutting their waiting time at airports.With the service, travellers can choose their seats and prepare digital boarding pass by themselves, according to a statement issued...

BD impact investment strategy launched

FE REPORT | 2022-08-03 00:00:00

The Bangladesh Impact Investment Strategy and Action Plan (BIISAP) was launched on Tuesday to facilitate local and global impact investors to invest in Bangladesh.Planning Minister M A Mannan inaugurated it along with National Advisory Board (NAB) for Impact Investment in...

DTCA in a fix with Tk 520m project

Munima Sultana | 2022-08-03 00:00:00

The Dhaka Transport Coordination Authority (DTCA) is still in dire straits with the Tk 520-million Dhaka Integrated Traffic Management Project (DITMP), sources said. The authorities concerned are yet to fix the fate of the project on four intersection signal development...

Indictment hearing in Niko graft case deferred to Sept 29

2022-08-03 00:00:00

A Dhaka court on Tuesday fixed September 29 to hold hearing on charge framing in Niko graft case against BNP chairperson Begum Khaleda Zia, reports BSS.Judge Sheikh Hafizur Rahman passed the order at a temporary courtroom of the Dhaka Special...

Protesting BCL faction suspends blockade at CU

2022-08-03 00:00:00

CHATTOGRAM, Aug 02 (UNB): An aggrieved faction of Bangladesh Chhatra League's (BCL) Chittagong University (CU) unit lifted its indefinite blockade on Tuesday, following an assurance from the Deputy Education Minister. Members of the BCL faction had been protesting the exclusion...

BNP stages Bhola incident to create anarchy: Hasan

2022-08-03 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud on Tuesday said BNP orchestrated the Bhola incident on July 31 as part of their design to create anarchy across the country, reports BSS."They (BNP opened fired on police and a policeman received...

BNP spreading propaganda over electricity: Quader

2022-08-03 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Tuesday said Bangladesh Nationalist Party (BNP) continues spreading propaganda and falsehood over power and energy to hide its own failure, reports BSS."BNP's continuous propaganda and lying about electricity and energy are nothing...

AL leaders won't even get time to flee, warns Fakhrul

2022-08-03 00:00:00

Calling upon his party colleagues to take to the streets protesting the killing of a Swechchhasebak Dal leader in police firing, BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday warned that the Awami League leaders will not even get...

The food vlogging scene in Bangladesh

Shadique Mahbub Islam | 2022-08-03 00:00:00

Food Vlogging. The very mention of the phrase takes the readers to YouTube or Facebook videos where a person is travelling to various places and enjoying different foods while entertaining the audience. Food vlogging, or Food video blogging, is presenting...

A researcher with a mic

Lubaba Mahjabin | 2022-08-03 00:00:00

Explaining intellectual content with situational humour, that too in Bangla, Enayet Chowdhury stands out as a content creator. His eccentric approach to video making and presentation has earned him a loyal audience base and massive respect. In an exclusive conversation...

Hawa: The game changer

FE REPORT | 2022-08-03 00:00:00

No Bangladeshi film in recent memory has created such hype in the hearts of the audience as Hawa, a film directed by Mejbaur Rahman Sumon. The film has been released in twenty-four halls across the country, and all tickets have...

Uber reports loss, but beats income expectations

2022-08-03 00:00:00

SAN FRANCISCO, Aug 2 (AFP): Uber reported better-than-expected revenue on Tuesday, fuelled by strong demand for the San Francisco-based company's ride-hailing and food delivery services that sent its shares upward.Revenue more than doubled to $8.1 billion in the three months...

BA halts short-haul Heathrow flight ticket sales

2022-08-03 00:00:00

LONDON, Aug 2 (AFP): British Airways on Tuesday suspended ticket sales for short-haul London Heathrow flights until at least Monday, in order to meet the hub's request to cap flights due to staff shortages.The carrier has been among the worst...

Asian, European markets drop over China-US tensions

2022-08-03 00:00:00

LONDON, Aug 2 (AFP): Asian and European stock markets fell Tuesday as investors dumped risky equities on spiking US-China tensions over a possible visit by House Speaker Nancy Pelosi to Taiwan."Tensions ramped up on reports that Pelosi is due to...

BP boosts dividend after profit hits 14-year high

2022-08-03 00:00:00

LONDON, Aug 2 (Reuters): BP's (BP.L) second quarter profit soared to $8.45 billion, its highest in 14 years, as strong refining margins and trading prompted it to boost its dividend and spending on new oil and gas production.The strong performance...

11th AGM of Agrani SME Financing Company

2022-08-03 00:00:00

The 11th annual general meeting (AGM) of Agrani SME Financing Company Limited was held recently through videoconferencing. The meeting was presided over by Mohammad Shams-Ul-Islam, Chairman of Agrani SME and Managing Director and CEO of Agrani Bank Limited. Representative from...

Commercial Bank of Ceylon recently signed MoU with InterContinental Dhaka

2022-08-03 00:00:00

Commercial Bank of Ceylon recently signed an MoU with InterContinental Dhaka to avail Lounge services for the bank's dedicated cardholders and their guests at Balaka Executive Lounge at Hazrat Shahjalal International Airport in Dhaka. The MoU was signed by Chief...

News Briefs (2022-08-03)

2022-08-03 00:00:00

Disbursement of dividend Bangladesh National Insurance Company Ltd: The company has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Islamic Finance & Investment Ltd: The company informed that it has disbursed the cash dividend...

"Benapole" sub-branch of Jamuna Bank inaugurated

2022-08-03 00:00:00

The "Benapole" sub-branch of Jamuna Bank Limited was inaugurated at Jessore. Chairman of Jamuna Bank Limited and Jamuna Bank Foundation Al-Haj Nur Mohammed was present as the chief guest. Managing Director and CEO of the Bank Mirza Elias Uddin Ahmed...

23rd AGM of Trust Bank held

2022-08-03 00:00:00

The 23rd Annual General Meeting (AGM) of Trust Bank Limited was held on Tuesday on a digital platform. Maj Gen Md Moshfequr Rahman, Vice Chairman of the bank, presided over the meeting while Humaira Azam, Managing Director & CEO was...

Agreement signed between Dhaka Bank and SME Foundation

2022-08-03 00:00:00

An agreement has been signed between Dhaka Bank and SME Foundation to disburse loans to CMSME customers at a concessional interest rate under the incentive package announced by the government. Mr. Emranul Huq, MD & CEO of Dhaka Bank Limited,...

MTB signed agreement with SME Foundation -

2022-08-03 00:00:00

Mutual Trust Bank Limited (MTB) signed an agreement with SME Foundation recently. Sheikh Mohammad Salim Ullah, Secretary, Financial Institutions Division, Ministry of Finance, attended the event as the chief guest. Dr. Md. Masudur Rahman, Chairperson, SME Foundation, presided over the...