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Bank staffs' power skills low at 11.5pc

FE REPORT | 2022-07-27 00:00:00

Sufficient training, development and career counseling for employees are needed much in the banking sector as bank staffs in the country are lagging far behind others in terms of power skills, a study revealed on Tuesday.The study, titled A Review...

RMG exports to Japan cross billion dollars

MONIRA MUNNI | 2022-07-27 00:00:00

Bangladesh's ready-made garment (RMG) exports to Japan crossed the billion-dollar mark in fiscal year (FY) 2021-22 after a decline in the previous two fiscals.Apparel exports to Japan doubled in the last decade, thanks to entrepreneurs' relentless efforts to meet Japanese...

A vessel of MV Green Line anchored at Sadarghat

2022-07-27 00:00:00

A vessel of MV Green Line anchored at Sadarghat launch terminal in Dhaka on Tuesday. The authorities of the launch have temporarily suspended its operations on the Dhaka-Barishal route as the number of passengers dropped significantly after the opening of...

Briefing 27-07-2022

2022-07-27 00:00:00

Push for amending book-building systemDSE Brokers Association of Bangladesh (DBA) has demanded amendment of current book-building system. Terming the existing system faulty, they urged the authorities concerned to amend the bidding system to attract big and well performing companies to...

Prayer Timings (2022-07-27)

2022-07-27 00:00:00

Power sector single borrower exposure limit put on hold

FE REPORT | 2022-07-27 00:00:00

The central bank has put on hold the single borrower exposure limit for power sector for the next six months to facilitate the country's electricity generation. The Bangladesh Bank (BB) issued a notification in this connection on Tuesday and asked...

Govt wants cut in taxes on olive, canola, sunflower oils

FE REPORT | 2022-07-27 00:00:00

The commerce ministry has asked the National Board of Revenue (NBR) to cut all kinds of duty, tax and tariff value on sunflower, olive and canola oils at import stage, aiming to cut dependency on widely consumed soybean and palm...

US dollar hits record Tk 112 in kerb mkt

FE REPORT | 2022-07-27 00:00:00

The Bangladeshi Taka (BDT) continued its slide against the US dollar (US$) on Tuesday, with the international currency hitting an all-time high of Tk 112 each in the kerb (open) market.According to the money exchange traders in the city, the...

D8 meeting today with fuels, trade atop topics

FE REPORT | 2022-07-27 00:00:00

Expanding intra-block trade, food security and current energy crisis will dominate discussions as the D8 Council of Ministers meets in Dhaka today, amid one of worst global crises clouding these economic lifelines.Prime Minister Sheikh Hasina would inaugurate the ministerial conference...

An inside view of the Dhaka New Market

2022-07-27 00:00:00

An inside view of the Dhaka New Market at around 3:00pm on Monday! The market, which usually remains abuzz with customers during week days, now gives a desolate look. As people are struggling to deal with high prices of daily...

Double whammy of drought, flood

YASIR WARDAD | 2022-07-27 00:00:00

Erratic rainfall in Bangladesh during the peak June-July monsoon period, in what experts blame an adverse impact of climate change on the world's largest delta, plays havoc on its agriculture.The entire country has so far witnessed 68-per cent lesser rainfall...

IMF advises avoiding forex 'misclassification'

SIDDIQUE ISLAM | 2022-07-27 00:00:00

Bangladesh has assured the International Monetary Fund (IMF) of complying with latest global standards of reporting foreign-exchange reserves, officials say, as an IMF mission mentioned 'miscalculation' of the amount.The assurance was made in a meeting with an IMF economic appraisal...

Weather (2022-07-27)

2022-07-27 00:00:00

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

Another dies of dengue, 99 hospitalised

2022-07-27 00:00:00

Dengue claimed another life and 99 new patients were hospitalised with the viral infection in 24 hours until Tuesday morning, according to the Directorate General of Health Services (DGHS), reports UNB.With these, the authorities recorded eight deaths from the viral...

Two more deaths push up flood toll to 131

2022-07-27 00:00:00

The death toll from floods in the country rose to 131 with two more deaths in Lalmonirhat district in 24 hours till Tuesday morning. The deaths were recorded from May 17 to July 26, according to the Directorate General of...

13 to receive state accolades for excellence in agriculture

FE REPORT | 2022-07-27 00:00:00

A total of thirteen persons are set to receive the country's first-ever 'Agricultural Important Person (AIP) status today (Wednesday) for their outstanding contribution to the development of the agriculture sector.AIP is similar to the status of Commercially Important Persons (CIPs)...

Three held over SUST student Bulbul's murder

2022-07-27 00:00:00

SYLHET, July 26 (UNB): Police have detained three people in connection with the murder of a Shahjalal University of Science and Technology (SUST) student on the campus on Monday evening.The identities of the detainees are yet to be disclosed by...

Verdict in war crimes case against six Khulna accused July 28

2022-07-27 00:00:00

The International Crimes Tribunal (ICT)-1 on Tuesday set July 28 for pronouncing verdict on a case of crimes against humanity against six alleged Razakars from Batiaghata in Khulna, reports BSS.Justice Md Shahinur Islam, chairman of the three-member panel of the...

Fakhrul Islam Alamgir speaking at a press conference -

2022-07-27 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir speaking at a press conference at the BNP Chairperson's Gulshan office in the city on Tuesday — Focus Bangla

Court sends five accused on two-day remand

OUR CORRESPONDENT | 2022-07-27 00:00:00

CHATTOGRAM, July 26: A port city court on Tuesday granted two days' remand for each of five students arrested in a case filed over sexual harassment of a female student on the Chittagong University (CU) campus. The court of Chattogram...

HC refuses bail to four convicts

FE REPORT | 2022-07-27 00:00:00

The High Court on Tuesday refused to grant bail to four accused of a case filed on charge of attacking motorcade of the then opposition leader Sheikh Hasina in Satkhira in 2002. The court, however, admitted their appeal petition for...

Holding election a difficult task in Bangladesh: CEC

2022-07-27 00:00:00

Chief Election Commissioner (CEC) Kazi Habibul Awal on Tuesday said the commission wants all political parties to take part in the next parliamentary election, even though it does not always guarantee a free and fair voting, reports UNB. "If the...

Sajeeb Wazed Joy's 52nd birthday today

2022-07-27 00:00:00

The 52nd birth anniversary of Bangabandhu's grandson Sajeeb Wazed Joy, also ICT Affairs Adviser to Prime Minister Sheikh Hasina, will be observed today (Wednesday) in a befitting manner, reports BSS.Joy, son of Prime Minister Sheikh Hasina and eminent nuclear scientist...

Quader urges all to be prudent in using state resources

2022-07-27 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Tuesday called upon the people to be economical, prudent and responsible in using state resources, reports BSS."Awami League thinks that it will not be difficult to deal...

Alibaba aims to add primary listing in Hong Kong

2022-07-27 00:00:00

SHANGHAI/HONG KONG, July 26 (Reuters): Alibaba plans to add a primary listing in Hong Kong to its New York presence, targeting investors in mainland China as it becomes the first big company to take advantage of a rule change in...

GM signs multi-year agreements with LG Chem

2022-07-27 00:00:00

MICHIGAN, July 26 (Reuters): General Motors Co said on Tuesday it had signed multi-year agreements with LG Chem Ltd and Livent Corp to secure key raw materials used in manufacturing batteries for electric vehicles.With the latest deals, GM said it...

Saudi Central Bank launches centre to combat financial fraud

2022-07-27 00:00:00

RIYADH, July 26 (Arab News): Saudi Central Bank has launched the Joint Operations Centre for banks to follow up and monitor cases of financial fraud, the Saudi Press Agency reported. Inaugurated by the central bank's governor, Fahd bin Abdullah Al-Mubarak,...

McDonald's tracking inflation impact

2022-07-27 00:00:00

NEW YORK, July 26 (AFP): McDonald's reported lower profits Tuesday following the hit from its Russia withdrawal, as it keeps a close eye on restaurant traffic amid rising consumer inflation.The US restaurant chain scored higher comparable sales in most major...

China, Indonesia pledge deeper ties after rare Beijing summit

2022-07-27 00:00:00

BEIJING, July 26 (Reuters): The leaders of China and Indonesia pledged on Tuesday to scale up bilateral trade and expand cooperation in areas such as agriculture and food security, following a rare visit to Covid-wary China by a foreign head...

Md Ataur Rahman Prodhan presiding over the 14th meeting of SMT of Sonali Bank

2022-07-27 00:00:00

Senior Management Team (SMT) Chairman and Sonali Bank Limited Managing Director and CEO Md Ataur Rahman Prodhan presiding over the 14th meeting of SMT of the bank at its head office in the city on Tuesday. Sonali Bank deputy managing...