TOKYO, June 22 (Reuters): Toyota Motor Corp on Wednesday cut its July global production plan by 50,000 vehicles as semiconductor shortages and COVID-19 parts supply disruptions continued to curb output.The world's largest car maker by volume expects to make 800,000...
TOKYO/HONG KONG, June 22 (Reuters): Bidders for Toshiba Corp are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private, three people familiar with the situation told Reuters, valuing the deal at about $22...
India's market regulator on Monday fined Reliance Industries and two of its compliance officers for violating fair disclosure norms during Facebook's $5.7 billion investment in its digital unit in 2020, reports Reuters.In April 2020, Meta's Facebook invested $5.7 billion in...
Our Correspondent | 2022-06-23 12:00:00
CHATTOGRAM, June 22: Chittagong Port Authority (CPA) and officials of Port of Koper in Slovenia held a meeting on Tuesday at the CPA Board room in Chattogram to start a new sea route with Chattogram to Slovenia.The Bangladesh Garment Manufacturers...
Finance Minister AHM Mustafa Kamal on Wednesday said the amount of defaulted loans in the country is Tk 1.26 trillion (126,369 crore), reports UNB.Apart from this, another Tk 210.46 billion (21,046 crore) is stuck due to the order of the...
FE REPORT | 2022-06-23 00:00:00
Land Minister Saifuzzaman Chowdhury has described the proposed budget for the fiscal year 2022-23 as time-befitting and said that it could cope with the present challenges.He came up with the comments in the Jatiya Sangsad on Tuesday night (June 21)...
Flights will be resumed at Osmani International Airport, Sylhet today (Thursday) after six days of suspension due to the ongoing flood. Abdus Sattar, station manager of the airport, confirmed the matter to UNB on Wednesday. The airport authorities had suspended...
Bangladesh Bank (BB) will announce monetary policy for the new fiscal year (2022-23) on June 30 amid challenges of growing inflation rate and taka weakening against US dollar, reports UNB.BB's outgoing governor Fazle Kabir will announce the monetary policy physically...
FE REPORT | 2022-06-23 00:00:00
More than 1,000 commercial high-rises, especially markets, in Dhaka city will come under government inspection soon to ensure fire, structural and electrical safety, officials say.The government will inspect multi-storey commercial buildings (market buildings) in Dhaka North and South City Corporation...
FE REPORT | 2022-06-23 00:00:00
The UK and the USA on Wednesday announced emergency assistance for Bangladesh to support the people in peril in places most affected by the deluge.The UK releases an additional emergency funds of £442,548 (over Tk 5.0 crore) to support flood-hit...
SM Najmus Sakib | 2022-06-23 00:00:00
The health ministry is going to sit today (Thursday) to review the recent surge in Covid-19 infections as health experts and officials fear a fresh wave of the deadly virus in the country.The rate of daily infections jumped to over...
TALHA BIN HABIB | 2022-06-23 00:00:00
The government has made a move to ensure continued wheat supply from Russia in the upcoming fiscal year (FY), 2022-23, to boost food security in the country. As part of the moves, the Ministry of Food (MoF) officials are going...
The flood situation has improved slightly in northeastern and northern parts of Bangladesh while other low-lying areas of the country are likely to be inundated, officials said, reports BSS. "Despite the flood situation is likely to improve in the Sylhet,...
Stocks end three-day losing spellStocks posted a marginal gain on Wednesday after high volatility as most investors remained cautious amid rising virus cases and persistent macroeconomic worries. The market closed slightly higher after a three-day losing streak. DSEX, the prime...
ZURMAT, Afghanistan, June 22 (AFP): A powerful earthquake struck a remote border region of Afghanistan overnight killing at least 1,000 people and injuring hundreds more, officials said Wednesday, with the toll expected to rise as desperate rescuers dig through collapsed...
FE REPORT | 2022-06-23 00:00:00
The government has extended the closure time of shops, markets and shopping malls by additional two hours for a temporary period from next month ahead of Eid-ul-Azha.Shops, markets and shopping malls will remain shut after 10.0 pm from July 01-...
SYFUL ISLAM | 2022-06-23 00:00:00
The Asian Development Bank (ADB) may pledge to lend Bangladesh US$2.3 billion during 2023-2025 under an overall development recipe, at a time when the country launches a search for foreign-exchange support. Regarding the financing programme the ADB is finalising indicative...
Describing the Padma Bridge as the symbol of national pride, Prime Minister Sheikh Hasina on Wednesday said none can raise question about the standard of the multipurpose bridge which opens on June 25, reports UNB."We've not made any compromise over...
FE REPORT | 2022-06-23 00:00:00
The Foreign Investors' Chamber of Commerce and Industry (FICCI) on Wednesday suggested a few changes in the conditions attached to the proposed cut in corporate tax by 2.5 per cent. It also urged the government to revoke the provision, proposed...
Light to moderate rain/thunder showers accompanied by temporary gusty wind and intense lightning flashes is likely to occur at many places over Rangpur, Mymensingh, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24-hour from 06:00 am today (Thursday), according...
FE REPORT | 2022-06-23 00:00:00
Garment workers should be made financially literate so that they can access digital financial services for better financial inclusion, speakers said at a programme.In this regard, a project titled 'Sarathi- Improving Financial Health' was launched on Tuesday at a hotel...
The results of the 44th Bangladesh Civil Service (BCS) preliminary test (MCQ type) were published on Wednesday, reports UNB.A total of 15,708 candidates qualified for the written examination, said a press release issued by Public Service Commission (PSC).The results are...
The death toll from floods in different parts of the country, including the northeastern region, has reached 42 with six more deaths in the past 24 hours until Wednesday morning, said Directorate General of Health Services (DGHS), reports UNB.The deaths...
FE Report | 2022-06-23 00:00:00
Bangladesh Railway (BR) will start selling advance train tickets from July 1 to facilitate the journey of home-bound people on the occasion of Eid-ul-Azha with adding six sets of special trains to its fleet.Railways Minister Nurul Islam Sujon disclosed this...
A woman walks out of a queue after purchasing essential commodities at subsidisd rates from an outlet of the Trading Corporation of Bangladesh at Segunbagicha in the city on Wednesday. The agency started its open market sale programme again in...
Munima Sultana | 2022-06-23 00:00:00
At least 10 foreign consultancies from countries across the world provided supports as Chinese engineers built Bangladesh's longest bridge over the mighty river Padma, officials say ahead of its grand opening.The consultancy firms are from the United Kingdom, Japan, India,...
A Dhaka court has placed Sumon Shikder Musa on a three-day fresh remand in a case lodged over the murders of Awami League leader Jahidul Islam Tipu and college student SamiaAfrin Prity in the city's Shahjahanpur area on March 24,...
BNP has alleged the government is occupied with the Padma Bridge inauguration, leaving hundreds of thousands of flood-affected people in the country's northeast areas in the lurch, reports UNB."The people of vast swathes of land in Bangladesh are going through...
The government has invited BNP to the opening programme of the Padma Bridge on June 25, reports UNB.Dulal Chandra Sutradhar, deputy secretary of the Bridges Division, went to BNP's Nayapaltan central office around 11:00 am on Wednesday and handed over...
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