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Clouds gathering on economic horizon

Asjadul Kibria | 2022-07-17 00:00:00

Last week, India's central bank introduced a new mechanism for international trade settlements in rupee, the Indian national currency. The idea behind the move is to promote international use of the local currency, keep the foreign-exchange reserves stable and facilitate...

Importance of hydrocarbon exploration in offshore blocks

2022-07-17 00:00:00

The ongoing volatility of the international fossil fuel market has again come as a stark reminder of just how important it is for a country to have its own supply of hydrocarbon (HC). Not every country, however, is blessed with...

Tigers want to whitewash West Indies today

2022-07-16 12:00:00

Bangladesh refused to give up the hopes of sweeping the series even though team management wants to test their bench strength in the third and final ODI against West Indies, statring today (Saturday) at Providence Stadium in Guyana, reports BSS.The...

Journeying deeper into time and space

SB Ahsan | 2022-07-16 12:00:00

Good old Shakespeare put it all in perspective hundreds of years ago. 'Imagination bodies forth', said he, 'the forms of things unknown.' And judging by what the James Webb Space Telescope has been sending back to Earth from deep space,...

Netflix partners with Microsoft to offer cheaper streaming plan

2022-07-16 00:00:00

SAN FRANCISCO, July 15 (AFP) : Netflix will work with Microsoft to launch a cheaper subscription plan that includes advertisements, the firms said Wednesday, as the streaming giant fights to attract customers.Netflix opted to develop the lower-cost offering after a...

Industrialist Munsur Rahman passes away

2022-07-16 00:00:00

CHAPAINAWABGANJ, July 15 (BSS) : Alhaj Md. Munsur Rahman, owner of Sagar Auto Rice Mills, general secretary of the Chapainawabganj District Rice Mills Owners Association and life member of Chapainawabganj Diabetic Samity, died at United Hospital in Dhaka today.He was...

Sri Lankans queue at pumps for days with no promise of petrol

2022-07-16 00:00:00

COLOMBO, July 15 (AFP) : Out of gas and stuck in line for days, a group of motorists kick off their shoes and settle on a sidewalk in Sri Lanka's capital for a round of cards.Emergency curfews, tear gas plumes...

Ice-cream vans stay idle

2022-07-16 00:00:00

Ice-cream vans stay idle by the roadside on the Dhaka University campus on Friday. Since Dhaka is yet to get back to life after Eid holiday, the sellers went to a nearby tea stall leaving the carts like this in...

Rajapaksa ousted, search begins for next leader of Sri Lanka

2022-07-16 00:00:00

Sri Lanka's Prime Minister Ranil Wickremesinghe was sworn in as the country's acting president on Friday, a government official said, reports Reuters.Wickremesinghe had already taken on the role after former president Gotabaya Rajapaksa fled the country on Wednesday following months...

Return Hajj flight of Ctg to begin on Wednesday

2022-07-16 00:00:00

CHATTOGRAM, July 15 (BSS): The first return Hajj flight, with 419 pilgrims, of Biman Bangladesh Airlines is scheduled to leave Jeddah for Chattogram International Shah Amanat International Airport on Wednesday (July 20).Saroj Kanti Barua, Chattogram district manager of Biman Bangladesh...

Mystery vessel with no sailors found adrift in Bhola

2022-07-16 00:00:00

A mystery vessel containing stones has been found adrift at an estuary of the Bay of Bengal in Monpura, Bhola with no sailors on board, reports bdnews24.com.As the residents were excited by the vessel, the authorities were yet to take...

BD calls for coordinated response

FE Report | 2022-07-16 00:00:00

State Minister for Foreign Affairs Md Shahriar Alam has called for strengthening global solidarity and adopting a well-coordinated response to the ongoing global crises. He was addressing a ministerial roundtable, titled 'Accelerating achievement of the SDGs by 2030: addressing on-going...

Missing BUET student's body recovered from Padma

2022-07-16 00:00:00

KERANIGANJ, Jul 15 (UNB): The body of a final-year student of Bangladesh University of Engineering and Technology (BUET) has been recovered from the Padma River.The dead is Tariquzzaman Sunny.Mostafa Kamal, officer-in-charge of Dohar thana, said Sunny went missing while taking...

Two Covid deaths, 1,051 new cases posted in BD

FE REPORT | 2022-07-16 00:00:00

Bangladesh reported two deaths from Covid-19 on Friday along with 1,051 positive cases of the viral disease, according to official data.Some 9,100 samples were test in the past 24 hours till 8:00 am on the day.Of them, around 11.55 per...

Farm egg price hits Tk 12 in city

FE REPORT | 2022-07-16 00:00:00

Egg, one of the main sources of protein, became pricier last week as the city grocers were charging Tk 12 for a single piece of farm egg (brown) from the consumers. Both the city traders and customers said the price...

Home procurement of wheat fails

YASIR WARDAD | 2022-07-16 00:00:00

Public wheat procurement has mostly failed the target this year amid higher market prices, thereby putting the government in a tight spot to source the staple from a war-hit global market.Import also dropped to a decade low of 4.0-million tonnes...

Briefing 16-07-2022

2022-07-16 00:00:00

Investors still in selling modeStocks witnessed yet another bearish week to Thursday, the shortened week after Eid vacation, as jittery investors remained in selling mode amid growing macroeconomic worries. This week saw three trading days as the market remained closed...

Prayer Timings (2022-07-16)

2022-07-16 00:00:00

Trading in treasury bonds on bourses soon

JASIM UDDIN HAROON | 2022-07-16 00:00:00

Much-hyped trading in treasury bonds on the market may begin soon as the stakeholders completed most of the procedures, including mock trading, stoking hopes about a rebound of the bourses. The bonds never traded on the secondary market and remained...

Direct jute export shipping to Europe, UAE planned

FE REPORT | 2022-07-16 00:00:00

Direct shipping service to Europe and the United Arab Emirates (UAE) from Bangladesh's Chittagong seaport is planned to facilitate export of jute and jute goods to overseas market. Officials say the government also wants to enhance supply of required containers...

This cheerful little girl, as spotted with her family

2022-07-16 00:00:00

We often talk about people returning to Dhaka after enjoying Eid holiday in their village homes. But what about people leaving the capital after Eid celebrations? This cheerful little girl, as spotted with her family at the Kamalapur Railway Station...

Finance frames export strategy

REZAUL KARIM | 2022-07-16 00:00:00

Lifting conditions regarding local value addition and gradual cut in HS Headings on apparel items are among measures envisaged as export booster after Bangladesh's LDC graduation that will banish cash incentives.Sources say such substitutes are being mulled as businesses fear...

Road crashes kill six in three dists-

2022-07-16 00:00:00

Six people were killed and 15 others injured in separate road accidents in Dhaka city, Gazipur, Narayanganj and Bogura districts on Friday, report agencies.In Gazipur, three motorcycle riders were killed when a private car hit their bike on the Konabari...

Heat wave sweeping over four divs

2022-07-16 00:00:00

Light to moderate rain/thunder shower accompanied by temporary gusty wind is likely to occur at many places over Chattogram division; at a few places over Dhaka, Mymensingh, Barishal and Sylhet divisions and at one or two places over Rajshahi, Rangpur...

News in brief-16-07-2022

2022-07-16 00:00:00

Flood death toll stands at 119: DGHSThe death toll from the devastating floods in the country rose to 119 on Friday morning, with another death in Moulvibazar district in the past 24 hours. The latest victim drowned in floodwaters, according...

City's Lalbagh Kella

2022-07-16 00:00:00

As Eid holiday hangover continues, people in large numbers flock to different tourist spots. The picture was taken from the city's Lalbagh Kella on Friday — Focus Bangla

Nurul Islam Sujan visits the Padma Bridge Rail Link Project

2022-07-16 00:00:00

Railways Minister Nurul Islam Sujan visits the Padma Bridge Rail Link Project on Friday — PID

Three placed on remand over fake job circulars

2022-07-16 00:00:00

A Dhaka court has placed three fraudsters on different terms of remand in a case lodged for realising money from victims by publishing fake job circulars on Friday, reports BSS.The three who were put on remand are-- Md Azibul Hasan...

20 tourists rescued from Kaptai Lake upon 999 call

2022-07-16 00:00:00

RANGAMATI, July 15, (UNB): Police rescued 20 tourists, including women and children, after their boat ran out of fuel amid rain and got stuck on Kaptai Lake in Rangamati district on Thursday nightAccording to Additional Superintendent of Rangamati police Mahmuda...

31 hospitalised with dengue in 24 hrs

FE REPORT | 2022-07-16 00:00:00

Thirty-one dengue patients were hospitalised across the country in the past 24 hours until Friday morning taking the total cases to 1,610 this year.Of the latest dengue positive cases, 30 were hospitalised in Dhaka, Directorate General of Health Services (DGHS)...