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Achia Sea Foods' share subscription begins today

FE REPORT | 2022-06-19 00:00:00

The subscription for shares of Achia Sea Foods through qualified investor offer (QIO) will begin today (Sunday), aiming to raise Tk 150 million under the fixed price method.The frozen food exporter's share subscription through electronic subscription system (ESS) of the...

Biden downplays meeting with Saudi prince

2022-06-19 00:00:00

WASHINGTON, June 18 (AFP): President Joe Biden distanced himself Friday from an upcoming encounter with controversial Saudi leader Mohammed bin Salman, saying the reason for his trip to the oil-rich nation was not to meet the crown prince.Biden is attending...

Modi govt announces several benefits for Agnipath retirees

2022-06-19 00:00:00

NEW DELHI, June 18: The Centre on Saturday announced several incentives including reserving 10 per cent vacancies in its paramilitary and the defence ministry for Agnipath retirees and said it will look into any grievance about the new military recruitment...

Blast rocks Kabul Sikh temple: 2 civilians die

2022-06-19 00:00:00

KABUL, June 18 (BBC): An assault on a temple of Afghanistan's tiny Sikh community has left one worshipper and a Taliban member dead as well as the unidentified attackers.The temple in the capital Kabul was hit by a bomb early...

Global economic outlook & dire predictions

Muhammad Mahmood | 2022-06-19 00:00:00

The global economy faces a confluence of challenges unseen for generations. The Russia-Ukraine armed conflict triggered by Ukraine's failure to implement the terms of the Minsk agreements signed in 2014 is still lingering. This conflict has, for all practical purposes,...

Happy Father's Day

2022-06-19 00:00:00

Yes, we do agree that parents should be appreciated every day for the hard work, tears and sweat they put into raising their children. But a day solely dedicated to this purpose should never hurt anyone. In a fast-paced, busy...

Curbing fatalities from bike accidents

2022-06-19 00:00:00

Motorcycles are risky vehicles. Road crashes and deaths have seen a sharp rise recently due to an increase in bike accidents. According to a research of Bangladesh University of Engineering and Technology (BUET), for every 10,000 motorcycles in the country,...

Standing by flood-hit people

2022-06-19 00:00:00

Floods triggered by heavy rainfall have submerged the entire Sylhet division, leaving thousands of people stranded. According to the media, most of them have been waiting to be rescued from floodwater for the past few days. But their relatives and...

Same old saga of village schools

Shihab Sarkar | 2022-06-19 00:00:00

Apart from the paddy fields ravaged by the recent flash floods in the country's northern and north-eastern areas, many affected areas and establishments still remain unfocused. Schools in the remote corners of villages mostly comprise them. Many of them have...

Improving country's FDI profile in the run-up to graduation

Asjadul Kibria | 2022-06-19 00:00:00

When Finance Minister AHM Mustafa Kamal while unveiling the national budget for the next fiscal year (FY '23) in parliament on June 09, laid emphasis on many issues. Attracting more foreign direct investment (FDI) was one of those. "Our goal...

Another Covid wave brewing?

2022-06-19 00:00:00

Signs are increasingly becoming prominent that another wave of the Covid-19 pandemic is brewing in the corner. After a long lull, the SARS-Cov-2 is staging a comeback, it seems. Nobody knows for sure what tricks this pathogen has up its...

4th wave feared as positivity rate crosses 6pc

FE Report | 2022-06-18 00:00:00

Experts are warning that Bangladesh would see another major spike in Covid-19 cases unless the precautionary hygienic rules are followed here.In line with growing positive cases in India and other countries in the region, the number of infections continues climbing...

BD to ratify mercury convention

FE REPORT | 2022-06-18 00:00:00

Bangladesh will soon ratify an international convention on mercury which is designed to protect human health and the environment from anthropogenic emissions and releases of this poisonous metal.Adopted and signed in October 2013 at a diplomatic conference in Kumamoto, the...

WB set to prepare strategy paper for BD to address key challenges

FHM Humayan Kabir | 2022-06-18 00:00:00

As Bangladesh marches toward upper-middle-income country (UMIC) status, the World Bank gets down to preparing a five-year Country Partnership Framework (CPF) to facilitate its development, officials say. The CPF will be a strategy paper which will help Bangladesh overcome challenges...

Petroleum price may go up next month: Nasrul

2022-06-18 00:00:00

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the government is considering a hike in petroleum prices from next month, reports UNB."But the decision will come after discussion with all stakeholders including transport business operators",...

Heavy rain triggers city waterlogging

FE REPORT | 2022-06-18 00:00:00

The capital city, as elsewhere in the country, witnessed intermittent downpour on Friday, which caused waterlogging in different areas and disrupted normal life of the dwellers.The Met Office recorded 21 millimetres (mm) of rainfall in Dhaka until 6:0pm on the...

Efforts on to ensure integrity in BD financial system

SIDDIQUE ISLAM | 2022-06-18 00:00:00

Bangladesh Financial Intelligence Unit (BFIU) has taken various measures to prevent money laundering as well as terrorist financing, in order to ensure stability and integrity in the country's financial system."We're working continuously to handle the problem," Md Masud Biswas, head...

Rice, potato become pricier again

FE REPORT | 2022-06-18 00:00:00

Rice and potato became pricier further last week augmenting woes of the consumers already battered by the rocketing price trend of essentials. Prices of rice at the retail level increased by Tk2.0-3.0 a kg further as coarse varieties of the...

Govt mulls hiring PMB staff for other purposes

MUNIMA SULTANA | 2022-06-18 00:00:00

The government is contemplating accommodating its recruited staff for the Padma Multipurpose Bridge (PMB) project for other purposes, though there is no legal scope to consider them for another project.More than 150 staffers engaged in the bridge project have been...

Hasina sends mangoes to Indian President, PM

FE Report | 2022-06-18 00:00:00

Bangladesh Prime Minister Sheikh Hasina sent one tonne of 'Amrapali' mangoes as a gift to Indian President Ram Nath Kovind and its Prime Minister Narendra Modi.The mangoes were sent to the residents of the President and the Prime Minister of...

SSC, equivalent exams suspended over floods

2022-06-18 00:00:00

The SSC general, vocational and Dakhil examinations, scheduled to start on Jun 19, have been suspended due to flooding in some districts, according to the Ministry of Education, reports bdnews24.com.The revised schedule for the exams will be announced at a...

WTO strikes deal on vaccine, food, e-com, fisheries

Doulot Akter Mala in Geneva | 2022-06-18 00:00:00

Hard bargains among World Trade Organization (WTO) members were finally capped with a package deal on patent waiver allowing cheap vaccine production, food security, fostering electronic commerce and fisheries subsidy cuts.However, the least-developed countries couldn't get their main gaol through...

Worst flood overwhelms Sylhet region

YASIR WARDAD | 2022-06-18 00:00:00

The flood situation in eastern districts turns worst as 3.0 million people have remained stranded for days, forcing army deployment in places for rescue operation.The rescuers struggled to reach some worst-hit unions in Sylhet and Sunamganj with the onrush of...

BD public finances may get weaker

JASIM UDDIN HAROON | 2022-06-18 00:00:00

Bangladesh's latest budget indicates that public finances in the next fiscal year will remain weaker than in the past, even as the country's economic recovery gathers pace, says Fitch Ratings. Doing the latest anatomy of the country's economic strengths and...

News in Brief-(2022-06-18)

2022-06-18 00:00:00

21 DU students stuck in flood-hit SunamganjSome 21 students of Dhaka University (DU) have been trapped by floods at a restaurant in Tanguar Haor in Sunamganj district. Running out of water and food on Friday they called out for immediate...

SUST closes until June 25 for flood

2022-06-18 00:00:00

SYLHET, June 17 (BSS): The authority concerned of Shahjalal University of Science and Technology (SUST) has decided not to take classes and exams of SUST till June 25 next following worsening of flood situation in Sylhet.The decision was taken at...

DU 'Cha' unit entry test held

DU CORRESPONDENT | 2022-06-18 00:00:00

The Dhaka University (DU) admission test of 'Cha' unit (general knowledge) under the Faculty of Fine Arts was held on Friday in eight divisional cities for the first year honors programme for 2021-22 academic session. The test was held from...

Lightning strikes kill nine

2022-06-18 00:00:00

At least nine people were killed and two others were wounded in separate incidents of lightning strikes in Mymensingh, Lalmonirhat, Sirajganj and Keraniganj on Friday, police said, reports UNB. In Mymensingh, six people, including three children, were killed separately as...

Army deployed for flood rescue, relief efforts in Sylhet, Sunamganj

2022-06-18 00:00:00

The government has deployed army personnel in Sylhet and Sunamganj to speed up flood rescue and relief efforts, according to Divisional Commissioner Muhammad Mosharrof Hossain, reports bdnews24.com."The main challenge is to rescue people and bring them to safety," he said...

Japan turns a potential job mkt for BD

ARAFAT ARA | 2022-06-18 00:00:00

Japan has emerged as a potential market for Bangladeshi workers as it can help increase employment opportunity and quality migration.Officials at the Bureau of Manpower Employment and Training (BMET) say they are giving priority to tap this opportunity through sending...