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BD, Lao PDR, Nepal join UN-led meet on smooth transition

2022-08-24 00:00:00

Government officials and representatives from the private sector, academia, research institutes, and civil society from Bangladesh, Lao PDR, and Nepal, alongside the UN, have gathered in Bangkok, Thailand to attend a South-South Exchange on Preparing Smooth Transition Strategy (STS) for...

ERD requests WB to confirm budgetary-support credit early

FHM HUMAYAN KABIR | 2022-08-24 00:00:00

Bangladesh government has requested the World Bank (WB) to confirm a budgetary-support loan worth US$1.0 billion and release the second tranche of a loan, approved earlier, expeditiously to help it navigate economic headwinds stemming from global turmoil, officials say.In a...

Briefing 24-08-2022

2022-08-24 00:00:00

Stocks rally as turnover rises Stocks extended the winning streak for a sixth straight session on Tuesday, with turnover hitting a fresh seven-month high, thanks to higher participation of general investors. The market opened higher and the key index rose...

Prayer Timings (2022-08-24)

2022-08-24 00:00:00

This mother sells betel leaf and water bottles

2022-08-24 00:00:00

This mother sells betel leaf and water bottles, among other stuffs, to eke out a living, while her infant baby is sleeping right next to her on a plastic object used for a road divider. The photo was taken in...

EC to use EVMs in highest 150 seats

2022-08-24 00:00:00

The Election Commission (EC) decided Tuesday to use electronic voting machines instead of traditional ballot in maximum 150 constituencies out of 300 in the next general election.The decision came from a meeting of the election agency on Tuesday with Chief...

Edible oil prices go up again despite fall in int'l market

FE REPORT | 2022-08-24 00:00:00

Local refiners on Tuesday raised the maximum retail price (MRP) of soybean oil in both loose and bottled forms by Tk 9.0 and Tk 7.0 per litre respectively.Recently, the Ministry of Commerce (MoC) formally approved the new rates following a...

DSE MD quits

FE REPORT | 2022-08-24 00:00:00

Dhaka Stock Exchange (DSE) managing director (MD) Tariq Amin Bhuiyan on Tuesday resigned from his position without completing his tenure.DSE chairman Md Eunusur Rahman has acknowledged the resignation of Mr Bhuiyan."His resignation letter came to my notice after Tuesday's evening,"...

BFIU moves against moneychangers

SIDDIQUE ISLAM | 2022-08-24 00:00:00

Bangladesh Financial Intelligence Unit (BFIU) moves to take stern action against moneychangers involved allegedly in suspicious dealings, including money laundering, officials say, as drives are on to discipline forex market. Under the move, the intelligence agency of the country's financial...

Detailed Area Plan gazetted, finally

FE REPORT | 2022-08-24 00:00:00

The government has issued a gazette finalising a 1,528-square-kilometre Detailed Area Plan (DAP) to ensure planned urbanisation in Dhaka and its adjacent areas.Housing and public works ministry published the gazette on Tuesday after a series of parleys with stakeholders.The DAP...

Only 110 biggies pay half of Tk 1.08t VAT in FY '22

DOULOT AKTER MALA | 2022-08-24 00:00:00

Limited corporates turn cash cow for VAT as 110 large companies paid around half the aggregate value-added tax (VAT) collected by the revenue board last fiscal, out of over 0.3 million registered firms.The business biggies deposited the consumption tax worth...

Weather (2022-08-24)

2022-08-24 00:00:00

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

BD sees zero Covid death, 175 cases

2022-08-24 00:00:00

Bangladesh reported zero Covid death and175 new cases in 24 hours until Tuesday morning, reports UNB.While the country's total fatalities remained unchanged at 29,316, the new cases took its caseload to 2,010,323, according to the Directorate General of Health Services...

Shahazada Basunia awarded PhD

2022-08-24 00:00:00

Shahazada Basunia, an official of First Security Islami Bank Ltd., has been awarded Doctor of Philosophy (PhD) from English department of Islamic University (IU), Kushtia, says a statement. His dissertation was on "Viscount John Morley: A Critical Appraisal of His...

US donates addl 10m Pfizer vaccines to Bangladesh

2022-08-24 00:00:00

The US government has donated another 10 million (1 crore) doses of Pfizer's COVID-19 vaccine to Bangladesh via COVAX to help the Ministry of Health and Family Welfare continue expanding vaccinations to teens and adults across the country, reports UNB.This...

Students block city road for 50pc discount on bus fare

FE REPORT | 2022-08-24 00:00:00

Students blocked the Banani-Gulshan road on Tuesday for about two hours demanding a 50 per cent discount on circular buses.Students of Banani Bidyaniketan School and College (BBSC) blocked the Banani road at the Kemal Ataturk Avenue (Kakoli to Natun Bazar)...

UNHCR seeks more world support for Rohingyas

2022-08-24 00:00:00

UNHCR has appealed for further investment from the international community to ensure Rohingya refugees can benefit from skills development, including vocational training and other forms of capacity-building for adolescent and adult refugees, reports UNB.This will allow refugees to support their...

Investment in WASH develops business, boosts production

FE REPORT | 2022-08-24 00:00:00

Investing in water, sanitation and hygiene (WASH) for employees in companies can ensure further prosperity in business and increase productivity, said a new global study that includes Bangladesh.The findings of the first-of-its-kind research, done by WaterAid and supported by HSBC...

Minister fears low Aman output this season

FE REPORT | 2022-08-24 00:00:00

Agriculture Minister Dr Muhammad Abdur Razzaque on Tuesday expressed his deep concern over lower Aman output in the ongoing season due to a drought-like situation, higher costs of diesel and frequent power load-shedding.The next two weeks are very crucial when...

By-election to Gaibandha-5 on October 12

2022-08-24 00:00:00

The by-election to Gaibandha-5 constituency that fell vacant following the death of deputy speaker Fazle Rabbi Miah will be held on October 12 with the use of electronic voting machines (EVMs) instead of traditional ballot papers, reports UNB.The Election Commission...

Section 144 in Feni as BNP, AL announce progs at same place

2022-08-24 00:00:00

FENI, Aug 23 (UNB): Prohibitory orders were imposed in Parshuram upazila of Feni on Tuesday in view of the Awami League's and opposition BNP's political programmes at the same place.Parshuram Upazila Nirbahi Officer Syeda Shamsad Begum issued a notice in...

BNP's 2-day prog to celebrate its founding anniv

2022-08-24 00:00:00

BNP on Tuesday planned a two-day programme, including rally and discussion, to celebrate its 44th founding anniversary on September 1, reports UNB.BNP Senior Joint Secretary General Ruhul Kabir Rizvi announced the programmes at a press briefing at the party's Nayapaltan...

BNP will gain nothing by lodging complaints with foreigners: Amu

2022-08-24 00:00:00

Awami League (AL) Advisory Council Member and 14-party alliance spokesperson Amir Hossain Amu on Tuesday said BNP will gain no benefit by lodging complaints with foreigners, reports BSS."BNP will gain nothing by complaining to foreigners. Bangladesh is an independent country....

BNP won't let sacrifices of slain leaders go in vain

2022-08-24 00:00:00

Stating that their party has initiated a fresh movement across the country, including at the rural level, BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday said their party will not let the sacrifices of its slain leaders and the...

Romanian Hidroelectrica's IPO expected by mid-2023

2022-08-24 00:00:00

BUCHAREST, Aug 23 (Reuters): The initial public offering of Romanian state-owned hydropower producer Hidroelectrica will take place by the end of June 2023, the government said on Monday, later than initially planned.The listing, to which the government will not contribute...

E-commerce giant JD.com posts slowest revenue growth

2022-08-24 00:00:00

BEIJING, Aug 23 (AFP): Chinese e-commerce giant JD.com reported its slowest revenue growth so far in the second quarter, the company said Tuesday, the latest in a series of gloomy numbers as China's economic growth slows.JD.com's results came shortly after...

FTSE 250 hits new one-month low

2022-08-24 00:00:00

UK's midcap index hit a fresh one-month low on Tuesday as a looming gas crisis in Europe and data showing slower-than-expected growth in business activity exacerbated fears of recession, reports Reuters.The domestically oriented FTSE 250 slipped 0.1 per cent, down...

Foreigners return to Indian equities on hopes over earnings

2022-08-24 00:00:00

Foreigners are returning to Indian stocks after dumping them in the first half as they look for higher returns amid expectations that major central banks will slow their hiking cycles as price pressures ease, reports Reuters.Fears of an economic recession...

Asian markets track Wall St plunge on growing rate fears

2022-08-24 00:00:00

HONG KONG, Aug 23 (AFP): Asian markets fell again Tuesday and the dollar held gains as traders grow increasingly worried that the Federal Reserve will continue to ramp up interest rates to fight inflation.With the Jackson Hole symposium of central...

73rd SAFA Board Meeting

2022-08-24 00:00:00

A delegation from the Institute of Chartered Accountants of Bangladesh (ICAB) participated in the 73rd SAFA Board Meeting and different committee meetings hosted by ICA India in New Delhi, India, recently. The members of the delegation were ICAB President Md....