FE REPORT | 2022-07-21 00:00:00
The Bangladesh Bank (BB) asked all scheduled banks on Wednesday not to harass clients, seeking services relating to investment in the national savings certificates (NSCs).A circular, issued by the central bank's debt management department, said the clients face harassments while...
SIDDIQUE ISLAM | 2022-07-21 00:00:00
The central bank has increased the interest rates on loans under Export Development Fund (EDF) scheme aiming to adjust the lending rates with traditional market, officials say.Under the revised interest rates, exporters will now be able to borrow from the...
FE REPORT | 2022-07-21 00:00:00
Migration cost for Bangladeshis is still highest in the region despite a slight decrease, says the 2022 Trafficking in Persons (TIP) Report.The report, released by the US State Department on Wednesday, also points out that Rohingyas and poor migration seekers...
FE REPORT | 2022-07-21 00:00:00
Influx of people, scarcity of land, skill gap of workforce and lack of coordination among state agencies are among the key constraints on quality implementation of development projects in the capital, speakers viewed at an event on Wednesday.There is also...
As part of the government's target to ensure housing for all landless and homeless people, Prime Minister Sheikh Hasina will hand over 26,229 more houses to landless and homeless families under the third phase of Ashrayan-2 Project today, reports BSS.Prime...
DOULOT AKTER MALA | 2022-07-21 00:00:00
The tax revenue collection has faced nearly Tk 300 billion shortfall in the previous fiscal year (FY), 2021-22, although the tax-collecting wings have achieved double-digit growth over their previous year's collection.According to a provisional data until Wednesday, the National Board...
Train movement between Dhaka and other parts of the country remained suspended for three and half an hour on Wednesday as some admission seekers put up barricade on rail tracks at Airport Rail Station demanding tickets to go to Rajshahi...
FE REPORT | 2022-07-21 00:00:00
An International Monetary Fund (IMF) economic appraisal mission noted with concern Bangladesh's low tax-GDP ratio, non-performing loan (NPL) buildup in the banking system and rising inequality, officials said.The team also had a critical appreciation of low FDI inflow, high out-of-pocket...
Dhaka stocks extend lossesStocks extended the losing streak for a seventh consecutive session on Wednesday as jittery investors, facing confidence crisis, continued their relentless sell-offs. The market witnessed a positive trend in the early trading but failed to maintain the...
FE REPORT | 2022-07-21 00:00:00
Bangladeshi startups have raised nearly $90 million invest in the first half of the running calendar year, according to a study report.Of the latest investment, business to business platform ShopUp raised $63 million followed by delivery service Paperfly's $13 million,...
The government has decided to reduce the use of electricity by 25 per cent at all its offices to save power for future, reports UNB.The decision came at an emergency meeting of secretaries of all ministries and departments held at...
MONIRA MUNNI | 2022-07-21 00:00:00
The domestic apparel industry has witnessed a downtrend in work orders from global buyers in recent times, posing a threat to the country's export growth.Industry insiders, however, attribute this downswing to growing inflation and possible recession in major economies due...
COLOMBO, July 20 (AFP): Ranil Wickremesinghe, a lawyer who served as Sri Lanka's prime minister a record six times, has finally made it to the top job, securing the presidency after winning a parliamentary vote on Wednesday despite fierce public...
FE Report | 2022-07-21 00:00:00
Finance Minister A H M Mustafa Kamal on Wednesday said Bangladesh would not borrow from the International Monetary Fund (IMF) at this moment."Neither Bangladesh has sought any loan from the IMF nor has the Washington-based lender proposed (to give) any...
FE REPORT | 2022-07-21 00:00:00
Bangladesh sets sights high on US$ 67 billion in export earnings in the current financial year, a 10.1-percent growth over the achieved income in the just-past fiscal, discounting headwinds.All factors, like pandemic and war disruptions, have been taken into account...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh, Dhaka, Barishal, Chattogram and Sylhet divisions in the next 24-hour from 06:00 am today (Thursday), according to the Met Office.The...
Md Shamsul Alam, deputy managing director of Rupali Insurance Company Limited, died at a hospital in Barishal on Wednesday.He breathed his last at 10:15 am while undergoing treatment at Sher-e-Bangla Medical College and Hospital, says a press release.Shamsul Alam served...
Seventy more dengue patients were hospitalised in 24 hours until Wednesday morning amid a rise in the mosquito-borne disease in Bangladesh, according to Directorate General of Health Services (DGHS).Among them, 56 patients were hospitalised in Dhaka while the remaining 14...
Bangladesh University of Professionals (BUP) Vice Chancellor Major General Md Mahbub-ul Alam speaking at the Freshers' Reception-2022 for the newly-enrolled students of BUP on the university campus on Tuesday
FE REPORT | 2022-07-21 00:00:00
Rapid Action Battalion (RAB) arrested five alleged members of a gang that trades in kidney through social media.The crime-busting force made the arrests conducting a drive from Tuesday night to Wednesday morning in Vatara, Banasree and Mirpur areas of the...
FE REPORT | 2022-07-21 00:00:00
The Directorate of National Consumer Rights Protection (DNCRP) on Wednesday fined sohoz.com Tk 0.2 million following complaints lodged by Md Mohiuddin Hawlader Roni, a student of Dhaka University (DU). Roni, a fourth year student of DU's Department of Theatre and...
FE REPORT | 2022-07-21 00:00:00
Some parts of Dhaka on Wednesday experienced moderate rainfall giving an immediate respite from scorching heat for the people. Met office recorded 13 millimetres rainfall in the last 24 hours till 6.00pm on the day, Bangladesh Meteorological Department (BMD) said...
Foreign Minister AK Abdul Momen has called for global cooperation to combat the Covid-19 pandemic for quick economic recovery, reports UNB.He made the call while delivering a statement at the virtual Covid-19 Global Action Plan (GAP) Foreign Ministerial Meeting jointly...
Two digital display boards have been installed outside the courtrooms of the Appellate Division of the Supreme Court to show the details of the ongoing cases and their summaries as per the cause-list, reports UNB."This is the first such incident...
The long wait for the country's most cherished award for young trailblazers is over with the sixth Joy Bangla Youth Award scheduled for November this year, reports UNB.Youth organisations that turned around communities through social initiatives can apply for the...
FE REPORT | 2022-07-21 00:00:00
The Consultative Group for International Agricultural Research (CGIAR), a consortium of international agricultural research centres, in collaboration with the government of Bangladesh launched its research portfolio on Wednesday, targeting advanced scientific innovations to help tap the potential of the country's...
Awami League General Secretary Obaidul Quader on Wednesday said the Bangladesh Nationalist Party (BNP) is getting perplexed now as mega projects are being implemented in the country, reports BSS."The heartburning of BNP leaders is yet to be eased but it...
BNP senior Leader Mirza Abbas on Wednesday appreciated Chief Election Commissioner Kazi Habibul Awal for inviting their party to talks, but he said they will not participate in any dialogue with the Election Commission (EC) unless there is a change...
LONDON, July 20 (Reuters): The London Stock Exchange Group said on Tuesday it has launched a taskforce to drive through financial reforms announced by British government to buttress the capital's attraction for global investors.The UK Capital Markets Taskforce includes chief...
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