FE Today Logo

Search results for:


Black money whitening contravenes social justice

FE REPORT | 2022-06-17 00:00:00

Some analysts term the budgetary provision of bringing back laundered money by offering tax incentives unethical and contravention of social justice, while suggesting a revision of different fiscal measures. Speaking at a budget dialogue organised by the Centre for Policy...

BD-tied money in Swiss banks swells 54pc

ASJADUL KIBRIA | 2022-06-17 00:00:00

Funds parked by Bangladeshi nationals and entities in all the Swiss banks swelled by 54 per cent to around CHF (Swiss Franc) 871 million (Tk 83.18 billion) in the last calendar year, according to available data. The amount was around...

Weather (2022-06-17)

2022-06-17 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Mymensingh, Chattogram and Sylhet divisions in the next 24-hour from 06:00 am today (Friday), according to the Met Office.It may also...

Orientation programme for the summer- 2022 of CUB

2022-06-17 00:00:00

Patrick Joseph, virtual dean, School of Science and Engineering of Canadian University of Bangladesh (CUB), Dr Chowdhury Nafeez Sarafat, Founder and Chairman, Board of Trustees of CUB and Vice Chancellor Prof Dr HM Jahirul Haque of the university attend an...

DU announces Tk9.22b budget

DU CORRESPONDENT | 2022-06-17 00:00:00

The Dhaka University authority on Thursday announced an over Tk 9.22 billion (Tk 922.48 crore) budget for fiscal year 2022-23 (FY '23). The budget was approved during Dhaka University (DU)'s annual senate session at Nabab Nawab Ali Chowdhury Senate Bhaban...

Padma Bridge to help improve southern financial condition: PM

2022-06-17 00:00:00

The Padma Bridge has become a reality due to unprecedented support from the people of Bangladesh, says Prime Minister Sheikh Hasina, expressing her hope the much-awaited bridge will be inaugurated with fanfare across the country, report agencies."We want the celebration...

Fruit fair begins in city

FE REPORT | 2022-06-17 00:00:00

The National Fruit Fair 2022 kicked off in the city on Thursday aiming to boost production further to meet the national requirement.Agriculture minister Dr Muhammad Abdur Razzaque inaugurated the three-day fair on the Krishibid Institution of Bangladesh (KIB) premises in...

Youths with disabilities deprived of learning, employment scopes: Study

2022-06-17 00:00:00

The country's youths with disabilities are being deprived of learning and employment opportunities in the country, said a study conducted by Sightsavers and BRAC University, reports UNB.It also said such young people are also facing multifaceted challenges in terms of...

General SM Shafiuddin Ahmed sprinkling water after planting a sapling

2022-06-17 00:00:00

Chief of Army Staff General SM Shafiuddin Ahmed sprinkling water after planting a sapling of Bukal flower in Nirjhor residential area of Dhaka Cantonment on Thursday, after inaugurating the Tree Plantation Programme-2021 of Bangladesh Army — ISPR

Increased health allocation can help cut out-of-pocket spending

FE REPORT | 2022-06-17 00:00:00

An increase in budgetary allocation for the country's healthcare sector could help people cut their out-of-pocket expenditure, former Bangladesh Bank Governor Dr Atiur Rahman suggested on Thursday.Presenting a keynote paper at a virtual discussion, he said there is also scope...

Police halt Islami Andolan's march towards Indian HC

2022-06-17 00:00:00

Police put up on Thursday barricades to prevent activists of Islami Andolan Bangladesh from going towards Indian High Commission in Dhaka protesting the derogatory remarks by India's two BJP leaders on Prophet Muhammad (PBUH), reports UNB.Several thousand leaders and activities...

Khaleda Zia gets permanent bail in two cases

FE REPORT | 2022-06-17 00:00:00

The High Court on Thursday granted permanent bail to BNP Chairperson Khaleda Zia in two cases filed on charges of hurting religious sentiment of Muslims and making derogatory comments on Bangabandhu Sheikh Mujibur Rahman. The court passed the order as...

Cumilla incident proves decision not to join polls was right: Fakhrul

2022-06-17 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir said on Thursday his party boycotted the election to Cumilla City Corporation as it knew what would happen there, reports UNB."You yourself saw yesterday (Wednesday)'s election. I don't want to talk about it...

Thank EC for holding fair Cumilla polls: Hasan

2022-06-17 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud thanked the Election Commission (EC) for conducting a fantastic, fair and peaceful election, reports BSS. "I would like to congratulate the people of Cumilla on electing the Awami League candidate as mayor after...

Mirza Fakhrul Islam Alamgir along with party standing committee member

2022-06-17 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir along with party standing committee member Nazrul Islam Khan holding talks with Chairman of Liberal Democratic Party Oli Ahmad as part of the current political dialogue at the latter's Mohakhali residence in the...

Making polls questionable is BNP's nature: Quader

2022-06-17 00:00:00

Awami League (AL) General Secretary Obaidul Quader said on Thursday the character of BNP is to make the election of the country questionable, reports BSS."Today, questioning the election randomly has become the character of the BNP. With their ill- motives,...

Ford recalls 3.3m vehicles

2022-06-17 00:00:00

WASHINGTON, June 16 (Reuters): Ford Motor Co is recalling more than 3.3 million vehicles in North America that could roll away because a damaged or missing part may prevent the vehicle from shifting into the intended gear.In a filing with...

Qatar Airways posts record $1.54b profit

2022-06-17 00:00:00

DOHA, June 16 (AFP): Qatar Airways on Thursday posted a record net profit of $1.54 billion for the 2021-2022 financial year, a result it attributed to a "successful strategy" during the coronavirus pandemic.The state-owned airline said the profit result was...

Lego to invest $1.0b in US brick plant

2022-06-17 00:00:00

COPENHAGEN, June 16 (Reuters): Toymaker Lego on Wednesday said it will invest more than $1 billion in a factory in the United States to shorten supply chains and keep up with growing demand for its coloured plastic bricks in one...

Revlon files for bankruptcy as online beauty race takes toll

2022-06-17 00:00:00

Revlon Inc has filed for bankruptcy after the US cosmetics firm buckled under debts it built up in efforts to compete with online-focused upstarts, reports Reuters.Known for its nail polishes and lipsticks, the 90-year-old company listed assets and liabilities of...

'Knowledge sharing on Bangladesh Bank's circulars regarding cash incentive to exporters'

2022-06-17 00:00:00

A seminar on 'Knowledge sharing on Bangladesh Bank's circulars regarding cash incentive to exporters' was held at the World Trade Centre (WTC) hall room of Chittagong Chamber of Commerce and Industry (CCCI) on Thursday

'Amader Sobujayan'

2022-06-17 00:00:00

Coordinator of 'Amader Sobujayan' (Our Plantation) activities Mohammad Hossain, also former managing director of Sonali Bank, presents more than 200 books to Chairman of Janata Bank Dr SM Mahfuzur Rahman and Managing Director and CEO of Janata Bank Md Abdus...

Tecom Group sets price for IPO of up to $454m

2022-06-17 00:00:00

DUBAI, June 16 (Reuters): Dubai business park operator Tecom Group set price guidance on Thursday for its initial public offering that showed it could raise up to 1.67 billion dirham ($454.7 million) in the listing.Tecom Group, owned by the investment...

Asian stocks erase early gains after short-lived Fed relief rally

2022-06-17 00:00:00

Most Asian stocks and currencies erased early gains on Thursday, as investors shifted focus towards the possibility of a global recession after briefly cheering a 75 basis point interest rate hike by the US Federal Reserve in a widely expected...

Md. Abdul Mannan congratulated Abdur Rouf Talukder

2022-06-17 00:00:00

Md. Abdul Mannan, Managing Director of Rajshahi Krishi Unnayan Bank (RAKUB), congratulated Abdur Rouf Talukder, Senior Secretary of the Finance Ministry, with a bouquet on his appointment as the Governor of Bangladesh Bank on Wednesday.

GDCL signed an issue management agreement

2022-06-17 00:00:00

Green Delta Capital Limited (GDCL) has recently signed an issue management agreement with Thai Foils & Polymer Industries Limited, a concern of Al-Mostafa Group. Md. Rafiqul Islam, Managing Director and CEO of Green Delta Capital Limited, and Mr. Mostofa Kamal,...

23rd AGM of Mutual Trust Bank

2022-06-17 00:00:00

Md. Wakiluddin, Chairman of Mutual Trust Bank Ltd (MTB), presiding over the 23rd Annual General Meeting (AGM) of the Bank, which approved 10 per cent stock dividend. MTB Vice Chairman, Md. Abdul Malek, Founding Chairman, Syed Manzur Elahi, MTB Directors,...

News Briefs (2022-06-17)

2022-06-17 00:00:00

Disbursement of dividend Linde Bangladesh Limited: The company has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Premier Bank Ltd: The company has informed that it has credited bonus share to the respective shareholders'...

Expansion of tax net essential for increasing tax-GDP ratio

2022-06-17 00:00:00

Expansion of tax net is a sine qua non to improve the tax-GDP ratio. The government needs to take further steps to expand the tax net. Experts made the opinion at a webinar 'Salient Features of Finance Bill 2022, organized...

CCCI-EPB seminar on knowledge sharing

Our Correspondent | 2022-06-17 00:00:00

CHATTOGRAM, June 16: A seminar on 'Knowledge sharing on Bangladesh Bank's circulars regarding cash incentive to exporters' was held at the World Trade Centre (WTC) hall room of Chittagong Chamber of Commerce and Industry (CCCI) on Thursday. CCCI and Export...