FE Today Logo

Search results for:


Govt goes for belt-tightening as promised

FE REPORT | 2022-07-04 00:00:00

Belt-tightening heralds Bangladesh's new fiscal as the government orders postponing fund release for less-priority projects under the annual development programme (ADP) as a cost-cutting measure amid global economic downturn.The Ministry of Finance (MoF) issued Sunday a circular suspending the funding...

Flood likely to raise cattle prices this Eid

YASIR WARDAD | 2022-07-04 00:00:00

The ongoing flood has already affected some 6,662 cattle and poultry farms in 15 districts, which might cause further surge in animal prices during this Eid-ul-Azha festival, although the prices are much higher than those of last year, according to...

Govt raises LPG prices

2022-07-04 00:00:00

The price of liquefied petroleum gas (LPG) has increased by Tk 1 per kg, reports UNB.From now, 12 kg container will be sold at Tk 1254 instead of Tk 1242 (May, 2022) from 6 pm Sunday.The Bangladesh Energy Regulatory Commission...

Remittance inflow falls over 15pc

FE REPORT | 2022-07-04 00:00:00

Inward remittances into the country dropped over 15 per cent in the fiscal year (FY) 2021-22 over the previous fiscal, despite providing higher incentives.Bangladeshis staying abroad sent home over $21.03 billion in the just-concluded fiscal compared to more than $24.77...

Exports go past $50b mark in FY'22

FE REPORT | 2022-07-04 00:00:00

Bangladesh booked record goods export earnings at US$52.08 billion in the past financial year in a quantum leap by over 34 per cent as rebounded apparel shipments provided the prop.Overall export earnings also surpassed the set target by 19.73 per...

Weather (2022-07-04)

2022-07-04 00:00:00

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

14.30pc pass DU 'Ga' unit entry test

DU Correspondent | 2022-07-04 00:00:00

The admission test result of 'Ga' unit under the Faculty of Business Studies of Dhaka University (DU) for 2021-22 academic session was published on Sunday.The pass rate was 14.30 per cent.DU Vice-Chancellor (VC) Prof. Dr. Md. Akhtaruzzaman announced the result...

Trainers and participants pose for photograph

2022-07-04 00:00:00

Trainers and participants pose for photograph at a workshop titled Enhancing Negotiation Knowledge of Media Personnel jointly organised by South Asian Institute of Policy and Governance of North South University and United Nations Development Programme, Bangladesh on the NSU campus...

Banks, FIs asked to follow HC order

FE REPORT | 2022-07-04 00:00:00

Bangladesh Bank has asked all the scheduled banks and financial institutions to follow a High Court order stating that the holders of cheques issued in the name of ILFSL are now required to approach the company court first before presenting...

ACC opens 12 more dist offices

FE REPORT | 2022-07-04 00:00:00

The Anti-Corruption Commission (ACC) on Sunday inaugurated 12 more district offices aimed at stepping up its fight against graft and irregularities across the country.With the new ones, the total number of ACC's integrated district offices (IDOs) has now stood at...

Unnecessary C-sections rampant for lax monitoring

SM NAJMUS SAKIB | 2022-07-04 00:00:00

Unnecessary caesarean sections have reached peak because of the unhealthy profit-making trend in the country's health sector and an apparent inaction of health authorities to establish transparency and accountability in the process. Gynaecologists say that the money-minting attitude of private...

Court orders PP to produce case docket

2022-07-04 00:00:00

The Speedy Trial Tribunal-2 on Sunday directed the Metropolitan Public Prosecutor (PP) and the Special Public Prosecutor of the Tribunal to produce the 'case docket' of actor Sohel Chowdhury murder case before the court on July 20, reports BSS. As...

Narail sadar OC stand-released

2022-07-04 00:00:00

NARAIL, July 03 (UNB): The officer-in-charge of Narail Sadar police station has been stand-released due to negligence in duty over humiliation of a teacher of Mirzapur United Degree College in Sadar upazila of Narail. OC Shawkat Kabir has been attached...

Heads of Mission from OECD states meet CEC, discuss next polls

2022-07-04 00:00:00

Heads of Mission representing the Organisation for Economic Co-operation and Development (OECD) countries had a 'constructive meeting' with Chief Election Commissioner Kazi Habibul Awal on Sunday and discussed the preparations of the next parliamentary polls, reports UNB. British High Commissioner...

Fugitive death row convict held in city

FE REPORT | 2022-07-04 00:00:00

The Rapid Action Battalion (RAB) arrested KM Aminul Haque alias Rajab Ali (69), a fugitive convict who was sentenced to death for his crimes against humanity during the War of Liberation in 1971.Director of RAB commander Khandaker Al Moin disclosed...

BNP doesn't do politics over public issues, says Hasan

2022-07-04 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud on Sunday said the people get annoyed with BNP for different reasons as the party doesn't do politics over public issues, reports BSS."BNP doesn't speak for people. They only talk about Khaleda Zia's...

AL does pro-people politics standing against terrorism: Quader

2022-07-04 00:00:00

Awami League General Secretary Obaidul Quader on Sunday said the ruling AL practises public welfare-oriented politics holding the people's expectations and standing against terrorism, reports BSS."The BNP continues the arson terrorism and the horrible culture of burning people alive in...

Prime Minister Sheikh Hasina addressing a function -

2022-07-04 00:00:00

Prime Minister Sheikh Hasina addressing a function at the Osmani Memorial Auditorium in the city to mark signing of the Annual Performance Agreement (APA) for FY 2022-23 virtually from her official Ganobhaban residence on Sunday — PID

Global investors turn sellers in equity funds on recession fears

2022-07-04 00:00:00

Global equity funds faced outflows in the week to June 29, as recession fears crept higher, with major central banks looking keen to raise interest rates further to tame soaring inflation, reports Reuters.According to Refinitiv Lipper, investors disposed of a...

Foreign investors' exodus from India continued for ninth straight month in June

2022-07-04 00:00:00

NEW DELHI, July 3 (NDTV): Foreign portfolio investors (FPIs) pulled out Rs 502.03 billion worth of equities from India in June, according to the latest National Securities Depository data.FPIs have been persistently selling equities in the Indian markets for the...

Union Insurance Company -

2022-07-04 00:00:00

A relief distribution programme for flood affected people of Sylhet (Bishonath, Rampasha, Amtole) and Sunamganj (Mollapara, Monpura, Pondha) districts organised by Union Insurance Company Ltd was held recently. Chief Executive Officer Talukder Md Zakaria Hossain was present in the programme.

Agreement signed between SIBL and TML Remittance

2022-07-04 00:00:00

An agreement was signed between Social Islami Bank Limited (SIBL) and TML Remittance at the TML Remittance Center for inward remittance services. In presence of Zafar Alam, Managing Director & CEO of SIBL, Albert Lim Poh Boon, Managing Director of...

BRAC Bank received one of Bangladesh's top 10 sustainable banks award

2022-07-04 00:00:00

Md. Sabbir Hossain, Deputy Managing Director & COO of BRAC Bank, received one of Bangladesh's top 10 sustainable banks award from Bangladesh Bank Governor Fazle Kabir recently.

MTB received a certificate & crest as one of the top ten sustainable banks

2022-07-04 00:00:00

Md. Khalid Mahmood Khan, Deputy Managing Director & CBO of Mutual Trust Bank Limited (MTB), received a certificate & crest as one of the top ten sustainable banks of Bangladesh by Bangladesh Bank based on its performance in 2020 from...

Pubali Bank ranked among the top 10 sustainable banks

2022-07-04 00:00:00

Pubali Bank Limited has been ranked among the top 10 sustainable banks. Fazle Kabir, Governor of Bangladesh Bank , handed over the crest and certificate to Safiul Alam Khan Chowdhury, Managing Director and Chief Executive Officer of Pubali Bank, at...

NCC Bank celebrated achieving a major milestone of crossing BDT 200 billion in loans

2022-07-04 00:00:00

NCC Bank celebrated achieving a major milestone of crossing BDT 200 billion in loans and advances. Managing Director and CEO Mohammad Mamdudur Rashid along with other Senior Management Team (SMT) members attended a ceremony on Sunday.

Towfika Aftab, Chairperson of Citizens Bank PLC inaugurated the opening ceremony

2022-07-04 00:00:00

Towfika Aftab, Chairperson of Citizens Bank PLC inaugurated the opening ceremony of commercial operations of the bank through its principal branch at Motijheel, Dhaka on Sunday. Members of the board of directors Masuduzzaman, Mohammed Iqbal, Mukhleshur Rahman, Sk. Md. Iftekharul...

News Briefs (2022-07-04)

2022-07-04 00:00:00

Disbursement of dividend NRBC Bank: The Bank informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Board meetingDesh General Insurance Company Limited: A board meeting of the company will be held...

New AMD of EBL

2022-07-04 00:00:00

Ahmed Shaheen has been promoted to Additional Managing Director of Eastern Bank Ltd (EBL). Prior to this, Shaheen had been serving as Deputy Managing Director and Head of Corporate Banking of EBL. He has over 29 years of professional exposure...

Investors brace for pivotal July after dismal first half

2022-07-04 00:00:00

NEW YORK, July 3 (Reuters): The US stock market is reeling from its worst first half of any year since 1970, with investors girding for a series of potential flashpoints in July that may set Wall Street's course for the...