FE REPORT | 2022-08-30 00:00:00
Edible salt could be imported following domestic production shortage in order to stabilise the market, Bangladesh Competition Commission gave such an order in the judgment of a case on Monday."In that perspective, there is a need to calculate actual demand,...
YASIR WARDAD | 2022-08-30 00:00:00
Traders get until September to open letters of credit (L/Cs) for importing 1.06-million tonnes of rice until September as only 25 per cent have been opened so far.Food ministry earlier fixed August 29 as the L/C opening deadline, which has...
Tigers face Afghans today in Asia CupBangladesh vowed to make a winning start to their T20 Asia Cup journey when they take on Afghanistan in their opening match at the Sharjah Cricket Stadium today (Tuesday). The match which starts at...
FE REPORT | 2022-08-30 00:00:00
India is holding another trial run of its ships this week using Chittagong Port - to check readiness for starting regular transhipment of cargoes to and from Kolkata and the north-eastern states using Bangladeshi ports, officials said.Under the fresh round...
FE REPORT | 2022-08-30 00:00:00
The government reduced the prices of diesel, octane, petrol and kerosene by Tk 5.0 per litre on Monday - after the National Board of Revenue (NBR) slashed import tax and advance income tax (AIT) on oil import.The new oil prices...
SIDDIQUE ISLAM | 2022-08-30 00:00:00
Credit flow into Bangladesh's private sector has been on the up and up pushed by rising demand, particularly for trade financing, sources say on a cautious note about a possible side-effect. The upturn is evident in July findings that also...
FE REPORT | 2022-08-30 00:00:00
Some 35 non-compliant and unauthorised healthcare facilities were sealed off on the first day of countrywide crackdown on the errant hospitals, clinics and diagnostic centres, officials said.The Directorate General of Health Services (DGHS) launched Monday the drive as part of...
FE REPORT | 2022-08-30 00:00:00
Transparency in Bangladesh's budget-making process continues to deteriorate, slipping to the lowest stand in the subcontinent as per a latest revelation on global rankings.In the 8th edition of Open Budget Survey (OBS), 2021, sponsored by the Washington-based International Budget Partnership...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Rangpur, Mymensingh and Sylhet divisions in the next 24-hour from 06:00 am today (Tuesday), according to the Met Office.Day and night...
FE REPORT | 2022-08-30 00:00:00
Department of Environment (DoE) carried out a drive against cars using hydraulic horns in the capital on Monday. An executive magistrate of DoE led the drive on the road adjacent to Bangladesh Secretariat. During the drive, 16 cars were fined...
The government will appeal against the High Court's ruling that police would require no prior permission to arrest government officials in criminal cases.This was stated by Farhad Hossain, state minister for public administration, in Parliament on Monday, reports UNB.In its...
FE REPORT | 2022-08-30 00:00:00
Improving trade and transport connectivity between India and Bangladesh, as well as other neighbouring countries can be a game-changer not only for the two countries but also for the entire region, said Indian High Commissioner to Bangladesh Vikram Kumar Doraiswami,...
FE REPORT | 2022-08-30 00:00:00
Country's rice exporters fear losing the international market of aromatic rice as different neighbouring countries are trying to take control over the Bangladeshi fragrant rice market due to a ban on export of the scented rice by the government.In this...
The Anti-Corruption Commission (ACC) has filed an appeal before the High Court seeking the cancellation of the bail granted to expelled Jubo League leader Ismail Hossain Chowdhury Samrat in a money laundering case, reports UNB.Advocate Khurshid Alam, a counsel of...
KUSHTIA, Aug 29 (UNB): At least twenty people sustained injuries in a clash between two factions of the ruling Awami League (AL) in Goswami Durgapur union of Kushtia Sadar upazila on Sunday.Of the injured, ten were admitted to the Kushtia...
Awami League (AL) Advisory Council Member and spokesperson of 14-party alliance Amir Hossain Amu said on Monday the next general election will be held in line with the constitution, reports BSS."The countrymen will give their mandate in favour of Prime...
BNP Secretary General Mirza Fakhrul Islam Alamgir has alleged the government is trying to create anarchy in the country by attacking opposition leaders and activists and their houses in different parts of the country, reports UNB."The Awami League cadres have...
BENGALURU, Aug 29 (Reuters): Indian shares fell on Monday to close at their lowest in a month, weighed down by losses in information technology and banking stocks after US Federal Reserve signalled aggressive rate hikes.Fed Chair Jerome Powell's promise of...
Disbursement of dividend Standard Bank Limited: The company has credited the bonus shares to the respective shareholders' BO accounts and it has also disbursed cash dividend to the respective shareholders for the year ended December 31, 2021.ONE Bank Ltd: The...
TOKYO, Aug 29 (Reuters): Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios for an undisclosed amount as part of a major push by the Japanese conglomerate beyond console gaming.Sony's gaming...
NEW YORK, Aug 29 (Reuters): North American companies snapped up a record number of robots in the first half of this year as they struggled to keep factories and warehouses humming in the face of an extremely tight labor market...
SEOUL, Aug 29 (Reuters): South Korean officials will meet US counterparts this week to express "concerns" about the Inflation Reduction Act, which restricts who can receive US subsidies for the production of electric vehicles and where firms can source battery...
A training programme on "Automated FC Clearing Through RTGS" was held at the National Bank of Pakistan (NBP) controlling office in the city recently. The session was conducted by Md Shahinuzzaman, joint director (G), PSD, and Aminul Islam, deputy director,...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB), Khulna Branch, held an orientation programme for newly admitted students in July-December session. ICMAB President Md Mamunur Rashid was present as the chief guest while Ashok Kumar Debnath, Chairman of...
The 345th meeting of the board of directors of Shahjalal Islami Bank Limited (SJIBL) was held at Corporate Head Office of the bank recently. The meeting was presided over by Mohammed Younus, Chairman of the board of directors. M. Shahidul...
FE REPORT | 2022-08-30 00:00:00
Two more companies -- Eastern Housing Ltd. and Far East Knitting & Dyeing Industries -- saw their share prices rising 'abnormally' without any price sensitive information (PSI).Share price of Eastern Housing jumped 54 per cent or Tk 28 each in...
A high level delegation of Insurance Companies of Bangladesh led by AKM Monirul Hoque, vice president of Bangladesh Insurance Association (BIA), and chairman of Nitol Insurance Company Limited, participated in the 4th Global Takaful and Re-Takaful Forum-2022" in Dubai, United...
RAJSHAHI, Aug 29 (BSS): Rajshahi Krishi Unnayan Bank (RAKUB) has been infusing dynamism into the agro-based economy of the country's northwest region for the last couple of years.The specialised state-owned commercial bank has been providing loans to the grassroots farmers...
Pubali Bank Limited and Dhaka Electric Supply Company (DESCO) Limited recently signed an agreement for DESCO Bill (Prepaid & Postpaid) payment through internet banking/PI banking apps, said a press release. Md Rabiul Alam, DGM & head of ADC Division, Pubali...
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