Mehdi Rahman | 2022-08-22 00:00:00
Recent media reports indicate that import payments are going to be settled in the currency of a supplier's country, Chinese yuan renminbi (CNY) in particular. It is expected that this will support stabilisation of exchange rates in foreign exchange market....
Bangladesh and India have decided to start negotiation on the proposed Comprehensive Economic Partnership Agreement (CEPA) with a view to strengthening further the bilateral trade and economic relations. A formal announcement is likely to come during the top-level visit of...
Mahmudur Rahman | 2022-08-22 00:00:00
Bright eyed executives are nowadays told to be disruptive. The new term replaces 'out-of-the-box thinking' that has, as with most buzzwords fast become a cliché. The newness comes in the form of, to use another cliché, 'shaking the tree' of...
Muhammad Zamir | 2022-08-22 00:00:00
Due to the increasingly visible consequences of climate change, governments are finding it difficult to downplay the warnings of scientists. Among the consequences of the climate change are worldwide record-breaking high temperatures as well as droughts, floods, wildfires, storms, hurricanes...
DSE cement sector sees highest gainThe cement sector of the stock market saw the highest price appreciation last week following investors' increased participation. The market capitalisation of the sector having seven companies also soared by 6.3 per cent on the...
FE REPORT | 2022-08-21 00:00:00
Another private car narrowly escaped an accident at the BRT project site in the city's Uttara area on Friday only five days after the fatal accident that took lives of five members of a family.Sources said the accident occurred when...
FE REPORT | 2022-08-21 00:00:00
Raising concern over an amendment to the Bangladesh Press Council Act-2022, the Sampadak Parishad has demanded that the draft be published on its website.The call comes as a team, led by Sampadak Parishad president and Daily Star editor Mahfuz Anam,...
FE REPORTLocal marine fisheries sector is now in deep trouble due to the recent price hike of fuel oils in the country, according to the sector insiders.They requested the government to provide diesel at previous prices for survival of the...
FE REPORT | 2022-08-21 00:00:00
The Bangladesh customs have issued an order attaching conditions for temporary road transit use, duration, methods, charges and fees for transporting petroleum products to Indian states.The facility will be valid until 30 November 2022.The customs wing of the National Board...
FHM HUMAYAN KABIR | 2022-08-21 00:00:00
The Asian Development Bank (ADB) will provide US$250 million loan for developing climate-resilient and environment-friendly coastal towns, official sources said on Saturday.The fund would be used in building climate-adopted infrastructure and socio-economic development of the people in the 10 coastal...
Worried, a farmer shows his parched field at Belta in Keraniganj on Saturday as he could not manage getting irrigation water on time due to price hike of diesel and load-shedding. Farmers in this area face the risk of crop...
FE REPORT | 2022-08-21 00:00:00
The country's leading poultry companies made an additional profit of Tk 5.18 billion in just fifteen days by raising prices of egg, broiler chicken, and day-old-chicks (DOCs), claimed the Bangladesh Poultry Association (BPA).The organisation of the country's small-scale poultry farms...
ISMAIL HOSSAIN | 2022-08-21 00:00:00
The government has reduced the uplink charges of Bangabandhu Satellite-1 for foreign television channels by 15 times to attract more clients as it still has huge untapped potential.According to the landing rights guidelines for broadcast satellites, foreign satellite television channels...
FE REPORT | 2022-08-21 00:00:00
Bangladesh Railway (BR) formally started installation of rail track on the lower deck of the Padma Bridge on Saturday, nearly two months after opening of the bridge's road segment, targeting to complete its work in the main bridge by December...
The 18th anniversary of the gruesome grenade attack on an Awami League (AL) anti-terrorism rally in the capital on August 21, 2004, will be observed today (Sunday) with heavy hearts, reports BSS.On this day in 2004 during the BNP-Jamaat coalition...
DOULOT AKTER MALA | 2022-08-21 00:00:00
Current gas tariffs at consumer level has been fixed in a "faulty manner" through calculating less value-added tax than the actual payable quantum, revenue officials say in an indication at an extra load on the bloated bills. Economists, however, question...
SAJIBUR RAHMAN | 2022-08-21 00:00:00
An estimated 240 major government organisations along with commercial banks have come under major and coordinated cyber-attacks very recently.Terming cyber-attacks outrageous, the state-backed Bangladesh e-Government Computer Incident Response Team (BGD e-Gov CIRT) reports that important organisations have seen distributed denial-of-service...
FE REPORT | 2022-08-21 00:00:00
The Financial Reporting Council (FRC), Bangladesh has lodged a complaint to the authorities concerned that some accountancy bodies of the government were bypassing it in preparing laws, rules, and standards. Established in 2017 to regulate auditors, chartered accountants, cost accountants...
LONDON, Aug 20 (AFP): British retail sales surprisingly rose overall in July but consumer confidence is at a record-low level as the UK heads towards recession under a new leader, data showed Friday.Sales by volume gained 0.3 per cent last...
WASHINGTON, Aug 20 (AFP) : The IMF said Friday a team will travel to Sri Lanka next week to resume aid talks that were interrupted amid the unrest that led to the resignation of the nation's president.The island nation defaulted...
As part of its corporate social responsibility (CSR), Dhaka Regency Hotel & Resort organised an event to help the underprivileged children recently. Shahid Hamid, executive director of DHAKA REGENCY, handed over towels to the founder of Shishu Polli Plus, Petricia...
HAVANA, Aug 20 (AFP): The number of foreign tourists visiting Cuba so far this year is up nearly sixfold from the 2021 period but remains below pre-pandemic levels, the government said Saturday.Officials say they are hoping to see more Russian...
Moulvibazar, Aug 20 (UNB): After a meeting with the Labour Department, tea workers' union leaders have withdrawn their indefinite strike after assurance of raising their wages to 145 from Tk 120.After the meeting at divisional Labour Department office at Sreemangal...
Concreting of the inner containment dome of the reactor building has started at the unit- 2 of the Rooppur Nuclear Power Plant (RNPP), reports BSS.According to a message received in Dhaka on Saturday, the work is being carried out by...
Ministry of Foreign Affairs (MoFA) Maritime Affairs Unit Secretary Rear Admiral Md Khurshed Alam (retired) and Commission on the Limits of the Continental Shelf (CLCS) Chair Adnan Rashid Nasser Al-Azri have discussed Bangladesh's amended submission to the CLCS, reports UNB.Khurshed...
Adani Group has received regulatory approval for an almost 311.6 billion rupees ($3.9 billion) open offer to buy the remaining shares of two Indian cement makers, following Holcim Ltd's decision in May to sell its majority stake to the conglomerate,...
UK midcap stocks logged their worst weekly performance since early July on Friday as a bunch of grim data this week including consumer sentiment hitting a record low in August stoked fears about a recession in the world's fifth-largest economy,...
Singapore Exchange Ltd said on Thursday it posted a marginally higher adjusted profit and record revenues, helped by the bourse operator's push towards its derivatives product offerings amid a weak securities market, reports Reuters.Higher derivatives volumes for equities, currencies and...
WASHINGTON, Aug 20 (Reuters): The world's largest asset manager BlackRock Inc. warned the US Securities and Exchange Commission (SEC) this week that its proposed rules aimed at fighting "greenwashing" by fund managers will confuse investors.BlackRock made the claims in a...
Capital Market Stabilisation Fund (CMSF) and ICB Asset Management Company Ltd (IAMCL) have jointly floated a close-end mutual fund called "ICB AMCL CMSF Golden Jubilee Mutual Fund" to commemorate the golden jubilee of Bangladesh's independence. On this occasion, a road...
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