FE REPORT | 2022-08-12 00:00:00
The government on Thursday announced staggered weekly holidays to ensure an uninterrupted power supply in the industrial zones across the country. The Department of Inspection for Factories and Establishments (DIFE) under the labour and employment ministry issued a circular in...
FE REPORT | 2022-08-12 00:00:00
The youth unemployment rate currently stands at 10.6 per cent in Bangladesh, which is more than twice the overall national unemployment rate of 4.2 per cent, according to an ILO report.Youth unemployment increased significantly during the COVID-19 pandemic. ILO is...
Bangladesh on Thursday started administering Covid-19 vaccine to the children aged between 5-11 years on experimental basis.Health Minister Zahid Maleque, Education Minister Dr Dipu Moni and US Ambassador in Bangladesh Peter Haas jointly launched the campaign at Bangabandhu International Conference...
YASIR WARDAD | 2022-08-12 00:00:00
The latest diesel price hike started pinching the country's poor and low middle-income people hard, as prices of various essentials started soaring following hike in their transport cost.Prices of rice, the key staple, further increased by Tk 4.0-6.0 a kg,...
Stocks down for fourth dayStocks extended the losing streak for a fourth day in a row, as nervous investors continued their sell-offs amid growing macroeconomic worries. Dhaka Stock Exchange (DSE) opened the day's session in the red. Although the benchmark...
FE REPORT | 2022-08-12 00:00:00
Finance Minister AHM Mustafa Kamal on Thursday sent a rejoinder to the London-based daily Financial Times (FT) in connection with an interview published by the daily on the previous day, officials at the ministry said.According to the FT report, the...
FE REPORT | 2022-08-12 00:00:00
Dhaka finds untrue Swiss Ambassador Nathalie Chuard's statement that Bangladesh has not sought information about Swiss bank accounts of Bangladeshis, who are suspected of siphoning off money.The rebuttal came from Foreign Minister Dr AK Abdul Momen on Thursday, a day...
FE REPORT | 2022-08-12 00:00:00
Saudi companies plan to invest more than US $10 billion in Bangladesh in coming years, said Saudi Ambassador in Dhaka Essa Yousef Essa Alduhailan on Thursday. He was briefing in the city a group of journalists on the projects of...
SIDDIQUE ISLAM | 2022-08-12 00:00:00
Classified or non-performing loans in Bangladesh's banking sector hit an all-time high at Tk 1.25 trillion in the first half of the current calendar year despite policy perks provided to stem the tide.The H1 volume of non-performing loans (NPLs) jumped...
M AZIZUR RAHMAN | 2022-08-12 00:00:00
Ineptly done deals compel the government to make capacity payment in dollar worth around US$202,500 daily to two private FSRU owners without any re-gasification amid gas crunch, sources say.They say the state-run Petrobangla faces a double-edged sword as it cannot...
Light to moderate rain/ thunder showers accompanied by temporary gusty/ squally wind is likely to occur at most places over Khulna and Barishal divisions in the next 24-hour from 06:00 am today (Friday), according to the Met Office.The highest temperature...
Bangladesh Coast Guard (BCG) Deputy Director General Commodore M Anamul Haque handing over certificate to a participant of the 'VISIT Board Search and Seizure (VBSS) for Officer' training course at the Maritime Safety and Maritime Security School of the BCG...
Assistant Chief of Air Staff (maintenance) Air Vice Marshal Sade Uddin Ahmed poses with officers at the certificate award ceremony of the 11th Aircraft Accident Investigation (AAI) course of Bangladesh Air Force at Flight Safety Institute in Dhaka Cantonment on...
Another dengue patient died and 90 others were hospitalised in 24 hours until Thursday morning, reports UNB.The latest death was reported from Dhaka.With this, the authorities recorded 16 deaths from the viral infection this year, according to the Directorate General...
FE REPORT | 2022-08-12 00:00:00
Investment in road infrastructure development is required along with a political will to enhance regional transport connectivity in Eastern South Asia.Stakeholders from public and private sectors said this at a validation workshop on Thursday with former Bangladesh Bank governor Dr...
President Abdul Hamid on Thursday urged the humanitarian organizations such as the Rotary International to come forward for the welfare of people affected by Covid-19 pandemic, reports UNB. The President made the call when visiting Rotary International President Jennifer E....
BHOLA, Aug 11 (UNB): A case has been filed against 46 policemen of Bhola sadar police station in connection with the death of Jatiyatabadi Chhatra Dal (JCD) leader Noor-e-Alam allegedly in police firing during a clash with police on July...
Describing the current government as an anti-people one, Jatiya Party Chairman GM Quader on Thursday said it is now least bothered about public sufferings, reports UNB."The government has completely failed to run the country. It has mounted public sufferings by...
OUR CORRESPONDENT | 2022-08-12 00:00:00
CHATTOGRAM, Aug 11: A Jubo League leader has filed a case accusing 23 people including the Chief Election Commissioner (CEC) for rigging vote by the Electronic Voting Machine (EVM) in Chattogram. The plaintiff named Nasir Uddin is a member of...
Awami League General Secretary Obaidul Quader on Thursday warned that if the Bangladesh Nationalist Party (BNP) resorts to any violence and arson terrorism in the name of movement, it will be handled with strong hand on the streets, reports BSS."If...
BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday urged the people, especially the youth, to get ready to intensify the movement against the current 'fascist regime' by taking control of the streets as their victory is inevitable, reports UNB."I...
LONDON, Aug 11 (AFP): European stock markets eased on Thursday as investors took profit from the gains notched up the previous day on better-than-expected inflation data in the US.But while overall sentiment was positive, investors remain on edge as officials...
BERLIN/LONDON, Aug 11 (Reuters): Zurich Insurance Group reported a better-than-expected 25 per cent rise in operating profit in the first half on strong performance across the board and announced a bumper 1.8 billion Swiss francs ($1.91 billion) share buyback on...
BENGALURU, Aug 11 (Reuters): Indian shares closed at four-month highs on Thursday, led by gains in technology and bank stocks, after a softer-than-expected US inflation data eased fears of aggressive rate hikes by the Federal Reserve.For domestic cues, investors are...
LONDON, Aug 11 (Reuters): Wall Street headed for another day of gains on Thursday as investors banked on peaking inflation persuading central banks to dial back on their anticipated interest rate hikes in September.The prospect of less aggressive tightening in...
SINGAPORE, Aug 11 (AFP) : Singapore on Thursday narrowed its economic growth forecast this year after the economy contracted in the second quarter compared to the previous three months due to rising inflation and tighter monetary policies, the government said.Moves...
Disbursement of dividend AB Bank Limited: The bank disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders.Desh General Insurance Company Limited: The company informed that it has disbursed the cash dividend for the...
HSBC Bangladesh has been awarded the "Asian Banking and Finance Awards 2022" as the international retail bank of the year for the second time in a row, reports UNB.The award is an acknowledgement of the strengths of the bank's personal...
SYLHET, Aug 11 (UNB): India has for the first time used a landport in Bangladesh to transport its goods in the northeastern state of Meghalaya from Kolkata as part of a bilateral accord.A goods-laden vehicle reached Meghalaya from Kolkata on...
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