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Modernising public libraries

2022-09-13 00:00:00

Once Old Dhaka used to have a number of libraries. And there were thousands of book-lovers, who used to visit those places every day. Now, these libraries have worn a deserted look. Only a few people still visit these places...

Checking drug price hike

2022-09-13 00:00:00

The cost of drugs in our country is getting out of hand. Many people now have to choose between food and life-saving medication. The drug price hike is not only hitting the low-income groups hard but also impacting the middle...

Need for counselling centres at educational institutions

2022-09-13 00:00:00

A total of five Jagannath University (JnU) students died by suicide in 2021. The university, however, acted promptly and launched a counselling centre for the students. Two teachers of the university started counselling the students at the medical centre of...

A monarchy on the wane

Syed Fattahul Alim | 2022-09-13 00:00:00

Modern monarchy is a contradiction in terms. British monarchy in that sense should be an oxymoron. But the outpouring of love and respect that the people of Britain have shown at the death of Queen Elizabeth II is remarkable. What...

Dhaka metro-rail travel turning real

Shihab Sarkar | 2022-09-13 00:00:00

Now that a chart of fares for travelling the 20.10-kilometre Uttara-Motijheel metro rail route, and 14 others in between, has been published in the media, commuters on that route have started feeling upbeat. There are reasons to feel so. Although...

Buriganga river carnival

2022-09-13 00:00:00

Why the event of boat rally in the river Buriganga was called 'Buriganga River Carnival' is rather puzzling. When the purpose of the rally apparently was to create public awareness about protection of the capital's lifeline from pollution and encroachment,...

Bangladesh's response to global economic crisis

Atiur Rahman | 2022-09-13 00:00:00

There are two dimensions of Bangladesh's response to the on-going global economic crisis. The response has been a mix of both domestic and external in nature. The domestic response has been focused mostly on promoting domestic supplies in the fast-advancing...

BEPZA started paying salary arrears

2022-09-12 12:00:00

BEPZA has started paying salary arrears, amounting to Tk 300.20 million (30.02 crore), to the workers of M/s Shine Fashion Company (PVT) Limited, a closed factory at Dhaka EPZ (DEPZ). DEPZ Executive Director Abdus Sobhan handed over pay orders to...

Revealing secrets of Swiss bank deposits

M S Siddiqui | 2022-09-12 12:00:00

A raging debate centring the issue whether Bangladesh authorities had sought information from the Swiss authorities about the money deposited in the Swiss Banks by Bangladeshis has only subsided recently. Even the country's higher court had sought clarification from the...

90% of countries see decline in human development

2022-09-12 00:00:00

Multiple crises are halting progress on human development, which is going backwards in the overwhelming majority of countries, according to the UN, reports UNB.The 2021-22 human development report "Uncertain Times, Unsettled Lives: Shaping our Future in a Transforming World," released...

Ubisoft CEO says still open to other partners after Tencent deal

2022-09-12 00:00:00

PARIS, Sept 11 (Reuters) - Ubisoft, France's biggest video games maker, is still open to other partners after a deal in which China's Tencent will raise its stake in the company, its co-founder and CEO Yves Guillemot said on Thursday.Guillemot's...

2022 Europe's hottest summer on record: EU monitor

2022-09-12 00:00:00

PARIS, Sept 11 (AFP): The summer of 2022 was the hottest in Europe's recorded history, with the continent suffering blistering heatwaves and the worst drought in centuries, the European Commission's satellite monitor said on Thursday.The five hottest years on record...

City restaurant catches fire

FE REPORT | 2022-09-12 00:00:00

A fire incident took place at Urban Restaurant in Jatrabari area in the capital around 6:00 am on Sunday.However, there was no report of casualties. Ten units of fire-fighters rushed to the spot and doused the flame within an hour.A...

BD sees two more Covid deaths, 310 cases

2022-09-12 00:00:00

Bangladesh reported two more Covid-linked deaths and 310 cases in 24 hours until Sunday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,334 and caseload to 2,014,887, according to the Directorate General of Health Services (DGHS).The...

Rotten goods at Ctg port yards to be destroyed

CHATTOGRAM CORRESPONDENT | 2022-09-12 00:00:00

CHATTOGRAM, Sept 11: The Chittagong Port Authority (CPA) and Chittagong Customs House (CCH) have decided to destroy expired imported goods loaded in 382 containers in the current month.There are 136 refer containers loaded with meats, fish and rotten goods, 32...

Ria is returning home after receiving anti-rabies vaccine

2022-09-12 00:00:00

Six-year-old Ria is returning home after receiving an anti-rabies vaccine at Infectious Diseases Hospital in Dhaka's Mohakhali area on Sunday. The hospital authorities say a high number of patients with dog bites visit the hospital every day` — FE photo...

ACC files case against businessman

FE REPORT | 2022-09-12 00:00:00

The Anti-Corruption Commission (ACC) on Sunday filed a case against businessman Md Delwar Hossain accusing him of laundering over Tk 110 million and investing in "second home" scheme in Malaysia.The accused, a former president of Shop Owners' Association of Fulbaria...

Legal notice to stop export of Hilsa

FE REPORT | 2022-09-12 00:00:00

A legal notice was sent to the government bodies concerned on Sunday, demanding all necessary steps to stop export of Hilsa fish to India permanently - within seven days from the date of receiving the notice.Md Mahmudul Islam, a Supreme...

No bar for an MFI to lend to or borrow from another MFI

ISMAIL HOSSAIN | 2022-09-12 00:00:00

The country's micro-finance institutions (MFIs) can lend to or borrow from other MFIs. In this regard, the Microcredit Regulatory Authority (MRA) has recently issued guidelines, titled 'Policy on Financing of Microcredit Institutions by Microcredit Institutions, 2022', in a bid to...

Transfer order not punishment, says SC

FE REPORT | 2022-09-12 00:00:00

In the full text of a verdict the Appellate Division of the Supreme Court has ruled that transfer order is an administrative order which cannot be challenged and cannot be treated as a punishment.A three-member bench of the Appellate Division...

Sinopec to drill exploratory well at Sylhet-10

FE REPORT | 2022-09-12 00:00:00

Chinese Sinopec International Petroleum Service Corporation will drill an exploratory well at Sylhet-10 to delineate new gas reserves in the country's southeastern region.It will also work as a turnkey contractor for land development and civil work, supplying logistics and equipment,...

Banks pegged down to uniform dollar exchange rates

SIDDIQUE ISLAM | 2022-09-12 00:00:00

Bangladesh's top bankers agree to set uniform rates in foreign-exchange dealings to help restore stability on the country's forex market, with Tk 108 cap per dollar for remittance netting.Under the decisions reached with the regulator, all the authorized dealer (AD)...

Get knowledge about 4IR, PM asks youths

2022-09-12 00:00:00

Prime Minister Sheikh Hasina on Sunday asked the youth to grow as the worthy citizens of the country acquiring education and technological knowledge for the coming fourth industrial revolution, reports UNB."Youth folks are most important for any nation. I want...

Briefing 12-09-2022

2022-09-12 00:00:00

Stocks slip in volatile tradingStocks slipped into the red on Sunday, snapping a three-day rally, as Jittery investors rushed to book profits on major sector issues after the recent price surge. The market remained positive in the first three hours...

Prayer Timings (2022-09-12)

2022-09-12 00:00:00

Provident fund profits pruned

FE REPORT | 2022-09-12 00:00:00

Seen as a major fiscal move, government employees' general provident fund (GPF) and contributory provident fund (CPF) have been split into three tiers with yields pruned down, sources have said. Earlier, there was a unique flat rate of profit at...

Lift interest cap on deposits

FE REPORT | 2022-09-12 00:00:00

Top executives of the non-bank financial institutions (NBFIs) requested Bangladesh Bank (BB) Governor Abdur Rouf Talukder on Sunday to lift the existing interest cap on deposit.The NBFI high-ups made the request during a meeting with the central bank governor at...

Bangladesh positive about giving fuel transit to India

MIR MOSTAFIZUR RAHAMAN | 2022-09-12 00:00:00

India is likely to be allowed to use Bangladesh territory for fuel transportation from Assam to Tripura and other Northeastern states of the next-door neighbour, said a high official.Bangladesh is positive about such a proposal as 'it would increase the...

Wanindu Hasaranga plays a shot during the Asia Cup Twenty20

2022-09-12 00:00:00

Sri Lanka's Wanindu Hasaranga plays a shot during the Asia Cup Twenty20 international cricket final match against Pakistan at the Dubai International Cricket Stadium in Dubai on Sunday. Batting first, Sri Lanka scored 170 for the loss of six wickets....

Most banks cold-shoulder LC opening

MONIRA MUNNI | 2022-09-12 00:00:00

Most commercial banks are averse to opening letter of credit (LC) under EDF, UPAS and deferred-payment systems for dollar shortages which, spinners fear, may lead to production suspension of basic apparel raw material.Bangladesh Textile Mills Association (BTMA) disclosed Sunday such...