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China extends military exercises

2022-08-09 00:00:00

In this photo released by Xinhua News Agency, an air force pilot from the Eastern Theater Command of the Chinese People's Liberation Army (PLA) looks as they conduct a joint combat training exercises around the Taiwan Island on Sunday, Aug....

Biden stands with Muslims after killings in New Mexico

2022-08-09 00:00:00

NEW YORK, Aug 08 (Reuters): US President Joe Biden expressed solidarity with the Muslim community on Sunday after a fourth Muslim man was killed in Albuquerque, New Mexico, in what authorities are describing as targeted attacks.Biden, in a Twitter post...

Drought forces Spain to rethink water use

2022-08-09 00:00:00

MADRID, Aug 08 (AFP): Faced with a historic drought and threatened by desertification, Spain is rethinking how it spends its water resources, which are used mainly to irrigate crops."We must be extremely careful and responsible instead of looking the other...

Ukraine bombs key bridge in Kherson

2022-08-09 00:00:00

KYIV, Aug 08 (AFP): Ukrainian forces bombed a strategic bridge over the Dnipro river overnight in the Russian-held city of Kherson, the army announced Monday."What a night for the occupiers in the Kherson region. Strikes in the area of the...

Landmark US climate action bill clears Senate bar

2022-08-09 00:00:00

NEW YORK, Aug 08 (BBC): The US Senate has approved a bill that includes $369bn (£305bn) for climate action - the largest investment in America's history.The authors of the Inflation Reduction Act say it will cut the country's carbon emissions...

Making footbridges user-fiendly

2022-08-09 00:00:00

A significant amount of money is spent every year for building foot over bridges. No doubt, they facilitate safe passage of people from one side of the road to the other. But unfortunately, these bridges are full of dirt and...

Common people suffer as fuel oil prices shoot up

2022-08-09 00:00:00

The decision to increase fuel oil prices by a large margin is unprecedented in the history of Bangladesh. Before taking such a decision, the government could have taken into account the extent of its negative impact on the country's economy...

Repairing Doyaganj road

2022-08-09 00:00:00

Doyaganj is an important road for the people living in Old Dhaka. It connects Dholaikhal, Tikatuli, Dolairpar and Jatrabari. And the connecting road has become busier after the inauguration of Dhaka-Mawa expressway. However, a ride through this road is now...

Poor consumers the forgotten lot

Syed Fattahul Alim | 2022-08-09 00:00:00

Fuel is such an essential item in the public's everyday life that any change in its price starts a chain reaction in the market. As a consequence, the cost of living goes up. And when there is already an inflationary...

Rape on moving buses

2022-08-09 00:00:00

The shock and outrage that the nation should have felt and expressed over the two incidents of rape on moving buses within four days in Tangail and Gazipur are apparently missing. Is the nation increasingly becoming shock-proof to such crimes?...

Global economy at a crossroads

Hasnat Abdul Hye | 2022-08-09 00:00:00

That the global economy is in turmoil is no news now. What everyone is waiting to hear is: can it become better before getting worse? As of now no one, from number crunchers in banks and research bodies to policy...

RMG: connecting the dots for further growth

Faruque Hassan | 2022-08-08 12:00:00

Bangladesh's ready-made garment (RMG) industry has advanced rapidly in the last decade, increasing its annual export earnings from US$ 12.49 billion in fiscal year 2009-10 to US$ 42.61 billion in 2021-22. Such robust growth in the apparel sector, which helps...

Chaos rampant in public transports

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

Anarchy in public transports continued unabated, as city bus operators overcharged passengers - defying the government's revised transport fares on Sunday.The bus fare in Dhaka was increased by 35 paisa per kilometre (km) to Tk 2.50 per km, but the...

Govt settles launch fare issue today

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

Launch operators sit with the government today (Monday) for discussion as owners have proposed cent percent hike in fare following the recent fuel tariff hike.However, it is alleged that some operators are overcharging passengers at Dhaka River Port Terminal at...

DCCI pushes for adjusting fuel prices

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

A trade body urges the government to cut fuel prices once the trends come down in the international market for the greater good of the national economy.The recent hike in fuel oil prices will have an immediate impact on transportation...

Spillover of fuel oil price hike hits consumers hard

YASIR WARDAD | 2022-08-08 00:00:00

The consumers have already started feeling the pinch of a spillover of the fuel price hike into daily essential commodities.The prices of rice, vegetables, fish, meat, fruits and a few other key essentials witnessed a rise on Sunday, a couple...

It's not for endorsing black money

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

The offshore tax amnesty has been offered to encourage brining back legally-earned money, not black money, the National Board of Revenue (NBR) chairman said on Sunday.The NBR has offered the amnesty of not asking the source of such money, so...

Zero Covid death after month

2022-08-08 00:00:00

Bangladesh reported zero Covid death and 216 cases in the 24 hours to Sunday morning, report agencies.The country last reported zero Covid-linked death on June 29.While Bangladesh's total fatalities remained unchanged at 29,302, the new number took its caseload to...

$300m WB fund to help pandemic response

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

The World Bank (WB) will provide US$300 million to help strengthen local urban institutions in Bangladesh to respond to and recover from the COVID-19 pandemic and improve preparedness to future shocks.An agreement to this effect was signed Sunday between the...

Asia can work together to face challenges arising from war, says PM

2022-08-08 00:00:00

Prime Minister Sheikh Hasina Sunday said the South Asia, South East Asia and China could work together for economic progress by facing challenges arisen from the Russia-Ukraine war, reports BSS.Referring to the Russia-Ukraine war, sanctions and counter sanctions, she said,...

Briefing 08-08-2022

2022-08-08 00:00:00

T-Bonds trading debut likely on Aug 16Trading in Treasury Bonds (T-Bonds) is likely to begin on the secondary market on August 16 if the Dhaka Stock Exchange (DSE) can sort out some complexities that arose recently. As per the instructions...

Prayer Timings (2022-08-08)

2022-08-08 00:00:00

Industries to stay shut once a week

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

Industries across the country will be shut once a week under a fresh area-based rationing programme to minimise consumption of both natural gas and electricity.The government will announce a rationing schedule to decide on the area-based factory holidays.State minister for...

Additional Tk 15b govt revenue being reckoned

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

Fuel-price hike would earn government an additional Tk 15 billion in revenue in the current fiscal year as one of the spinoffs, according to an official reckoning. The revenue is estimated to be generated from value-added tax (VAT) at sale...

Inflation surge, wage stagnation erode people’s purchasing power

JASIM UDDIN HAROON | 2022-08-08 00:00:00

Wage growth in Bangladesh remains stymied in relation to soaring headline inflation and the mismatch stokes concerns about shrinkage of people's real income and its compound fallout.As a result of the gaping pay-and-price gap, economists say, limited-income people who are...

Why not thalassemia test reports on NID cards: HC

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

The High Court asks the government bodies concerned to explain as to why they should not be directed to formulate a provision for including thalassemia test report on NID cards.This information is vital so that patients of this disease do...

Refiners seek edible oil price hike again

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

Refiners have proposed to raise the maximum retail price (MRP) of edible oils by Tk 20 to Tk 205 per litre due to depreciation of local currency against US dollar.They also proposed to increase the MRP of a five-litre bottle...

China ups duty-free access to 99pc

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

China announces raise in duty-free access of Bangladeshi products to the Chinese market to 99 per cent with effect from September 01, as the two countries strike four new accords of cooperation.The announcement from the economic superpower came during a...

Manchester Utd, Wales icon facing court battle

2022-08-08 00:00:00

MANCHESTER, United Kingdom, Aug 07 (AFP): Ryan Giggs is used to life in the public eye as a footballer who grew from a dazzling teenage talent at Manchester United into the most-decorated player in English football history.Giggs is in the...

Kyrgios, Nishioka advance to ATP Washington final

2022-08-08 00:00:00

WASHINGTON, Aug 07 (AFP): Japan's Yoshihito Nishioka upset eighth-ranked Andrey Rublev on Saturday to join Wimbledon runner-up Nick Kyrgios in reaching the ATP and WTA Washington Open men's final with straight-set triumphs.Left-hander Nishioka, ranked 96th, outclassed top seed Rublev 6-3,...