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Manufacturers in trouble

Syed Mansur Hashim | 2024-05-22 00:00:00

Domestic manufacturers are in the soup. Prior to devaluation of Bangladesh Taka (BDT), they faced a myriad of problems that involved persistently high inflation, a dearth of dollars for import and the ever-increasing price of energy, the combined effects of...

Children's education more expensive than ever

Wasi Ahmed | 2024-05-22 00:00:00

In recent years, the cost of children's education in Bangladesh has soared to unprecedented levels, surpassing that of neighbouring countries. While this might initially seem indicative of commendable parental investment, the stark reality reveals a different narrative: the burgeoning reliance...

Protecting and promoting electrical goods producers

2024-05-22 00:00:00

Rapid urbanisation and its attendant expansion of electrification work have boosted domestic demand for electrical goods including both accessories and lighting products over the past decades. The good news is that local firms producing electrical goods have gradually built their...

Welcome to the abundance of 'ChipiChapa'

NOWSHABA ACHAL | 2024-05-22 00:00:00

ChipiChapa is a street food hub hidden in the lively area of Merul Badda, adjacent to the prestigious BRAC University new campus (a few steps away from the pocket gate). Numerous food carts offer an abundance of street food here....

Making vegetables ‘NOT BORING’

SOFIA NOOR RAFA | 2024-05-22 00:00:00

Fine-tuning food is an art that is nailed only when nutritious values are prioritised, along with tastiness that can satisfy the needs of the human body and mind. Should a vegetarian diet be completely off the table to fulfil that...

A calming home in colours

FIRUZ NAWER | 2024-05-22 00:00:00

Did you know that the colours in your house can influence your mood and mental health? Colour psychology suggests that different colours may impact your emotions and behaviour. Colour therapy is a well-known technique for reducing stress, including adding colours...

Shrinking space for pedestrian and vehicular movement

2024-05-21 12:00:00

Motorbikes are parked on a sidewalk and the adjacent thoroughfare shrinking space for pedestrian and vehicular movement, turning a blind eye to a 'No-parking' sign placed beside. The photograph was snapped from Gulshan-1 in the city on Monday — FE...

NRBC BANK DONATES Tk 2.0M TO ANJUMAN MUFIDUL ISLAM

2024-05-21 12:00:00

NRBC Bank PLC has donated Tk 2.0 million to Anjuman Mufidul Islam as part of its Corporate Social Responsibility (CSR) activities. Parvez Tamal, Chairman of the bank, handed over a cheque to Mahfuzur Rahman, Executive Director of Anjuman Mufidul Islam,...

Underground power cable works, causing traffic chaos and disruption

2024-05-21 00:00:00

Motijheel road in Dhaka has been dug up for over a month for underground power cable works, causing traffic chaos and disruption. Road-digging regulations require designating and separating dug-up areas with barrier tapes for safety, but these appear to be...

ERF demands withdrawal of ban on journs' access to BB

2024-05-21 00:00:00

The Economic Reporters' Forum (ERF) has demanded that Bangladesh Bank (BB) to withdraw its restrictions on access of the journalists to the central bank, reports BSS.Otherwise, the ERF cautioned of waging tougher movements to press home their demands.ERF president Refayet...

BD missions, India working to locate missing MP

2024-05-21 00:00:00

Bangladesh High Commission in New Delhi and Deputy High Commission in Kolkata are in touch with the Ministry of External Affairs, India regarding alleged missing of Anwarul Azim Anar, MP, reports UNB.The Deputy High Commission in Kolkata has sent formal...

Animal health cos seek withdrawal of radioactive testing provision

FE REPORT | 2024-05-21 00:00:00

Local animal health companies have sought withdrawal of the proposed radioactive-testing provision for their import consignments of different fish/animal feed, feed supplements and feed additives as such requirement, they said, increases extra costs for them.Recently, the Animal Health Companies' Association...

ABB deplores media reports on bank MDs' visit to USA

FE REPORT | 2024-05-21 00:00:00

The Association of Bankers Bangladesh Limited (ABB) has expressed concern over what it termed incorrect and misleading reports regarding the participation of some managing directors in two upcoming events in the US.The United States Department of Justice (DOJ), Office of...

JS goes into first budget session June 5

2024-05-21 00:00:00

The 12th parliament will go into the first budget session on June 5 next for the placement of the proposed national budget for the fiscal 2024-2025 on the following day there, reports UNB.President Mohammed Shahabuddin on Monday summoned the 3rd...

Inward remittance rises by 4.75pc

SAJIBUR RAHMAN | 2024-05-21 00:00:00

The amount of inward remittances collected and disbursed through the country's agent banking increased by 4.75 per cent in the January-March quarter this year over the previous quarter.At the end of March 2024, the amount of inward remittances through agent...

Bangladesh won't accept any more Rohingya: FM

FE Report | 2024-05-21 00:00:00

Bangladesh cannot take anymore Rohingya refugees, said Foreign Affairs Minister Dr Hasan Mahmud on Monday.Asked whether Bangladesh will allow influx of Rohingya people who reportedly assembled on the border due to the fierce fighting in the Rakhine State of Myanmar,...

PM directs strict mkt monitoring

2024-05-21 00:00:00

Prime Minister Sheikh Hasina on Monday directed the State Minister for Commerce to start monitoring the market strictly, reports UNB.She made this directive during an unscheduled discussion at the cabinet meeting chaired by her at PM's office in the city.Cabinet...

France to provide Euro 300m budget support

FE REPORT | 2024-05-21 00:00:00

Bangladesh has secured Euro 300 million in loan as budget support from France which will be disbursed over the next three years.The France development partner-AFD on Monday confirmed the concessional loan through an agreement with the Economic Relations Division (ERD),...

JICA suggests updating grid frequency

FE REPORT | 2024-05-21 00:00:00

The power grid of Bangladesh needs to be prepared immediately to accommodate sophisticated power sources like Rooppur nuclear power plant that is scheduled to evacuate 2,400 megawatts of power in the coming years.A Japan International Cooperation Agency (JICA) has made...

Garment exports to India fall 22pc in July-March

MONIRA MUNNI | 2024-05-21 00:00:00

Bangladesh has seen a 22.31-percent year-on-year decline in garment exports to India during the first nine months of the current fiscal year, data shows, despite an increase in shipments to other non-traditional markets.Exporters point at shrinking demand in India and...

Weather (2024-05-21)

2024-05-21 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Rangpur, Rajshahi, Mymensingh, Sylhet, Dhaka, Khulna, Barishal and Chattogram divisions in the next 24 hours from 06:00 am, according to the Met Office. The highest...

27 dengue patients hospitalised in 24 hrs

2024-05-21 00:00:00

Twenty-seven more people were hospitalised with dengue in 24 hours until Monday morning, reports UNB.Of the new patients, 10 were admitted to hospitals in Dhaka city and the rest outside it, according to the Directorate General of Health Services (DGHS).Currently,...

NSU-CBR hosted a seminar on 'The architecture of equity valuation: 5 models 1 value'

2024-05-21 00:00:00

North South University (NSU) Centre for Business Research (NSU-CBR) hosted a seminar on 'The architecture of equity valuation: 5 models 1 value' on the university campus in the city on Monday. Professor Niaz Ahmed, director of NSU-CBR, and Professor Helal...

HC asks ACC to investigate graft charges in six months

FE REPORT | 2024-05-21 00:00:00

The High Court on Monday asked the Anti-Corruption Commission (ACC) to dispose of within six months a directive that sought proper investigation into alleged irregularity, corruption and bribery during the work of 'National Household and Database (NHD) Project'. It also...

PM Hasina's skill-based edn agenda praised at Commonwealth

2024-05-21 00:00:00

Prime Minister (PM) Sheikh Hasina's leadership in Bangladesh's "extraordinary education sector success" was praised at the 22nd Conference of Commonwealth Education Ministers held in London last week, reports UNB.Bangladesh was commended for its recent achievements and transformations in the education...

Furniture exports dip, but can BD turn the tables?

ARAFAT ARA | 2024-05-21 00:00:00

After a promising jump in FY22, Bangladesh's furniture exports dipped significantly last year on market competitiveness. However, local manufacturers believe they can still turn the tide within the next five years and propel earnings as high as near to garment...

Three 'KNF men' found dead in Bandarban

2024-05-21 00:00:00

Police have recovered the bullet-ridden bodies of three young men suspected to be members of the armed tribal separatist group Kuki-Chin National Front (KNF), aka the Bawm Party, reports bdnews24.com.Additional Superintendent of Police in Bandarban Hossain Md Rayhan Kazemi said...

Cabinet approves draft of Bangabandhu Peace Medal

2024-05-21 00:00:00

The government has decided to introduce the Bangabandhu Sheikh Mujibur Rahman Peace Medal for awarding an individual or organisation at local or international levels for their contribution to the establishment of peace, reports UNB.The cabinet on Monday approved the draft...

Auto-rickshaws run paying toll to ruling party men: Rizvi

2024-05-21 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi has said the ruling party leaders and members are 'extorting money' from poor battery-run auto-rickshaw pullers, reports UNB.The BNP leader came up the remarks while speaking at a human chain programme, organised...

BNP leaders sent to jail as offenders, not as political activists

2024-05-21 00:00:00

Awami League General Secretary Obaidul Quader said Prime Minister Sheikh Hasina has given clearance to plying of battery-run rickshaws only in Dhaka city considering the suffering of low-income people and impacts of commodity prices amid the ongoing global crises, reports...