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Biden to hold talks with Xi soon

2022-07-22 00:00:00

WASHINGTON, July 21 (Reuters): US President Joe Biden plans to speak with his Chinese counterpart, Xi Jinping, by the end of the month at a moment of simmering tensions between the countries over Taiwan and trade."I think I'll be talking...

Defeating the agents of unrest sullying humanity

Shihab Sarkar | 2022-07-22 00:00:00

When cosmologists and space enthusiasts around the world remain dazed in amazement over the great feat of the James Webb Space Telescope, many areas of this Earth continue to be torn by hatred. This is an ancient form of rancour...

Increasing DU central library's seats

2022-07-22 00:00:00

The central library of Dhaka University opens at 8:00am every day. But students gather and queue up in front of the locked entrance from 7:00am to grab a seat and study inside as, on an average, it has just one...

Road under Hanif Flyover needs attention

2022-07-22 00:00:00

Mayor Hanif Flyover from Gulistan to Jatrabari seems to be a blessing for the people who live near the mega-structure. It has greatly reduced the travel time for many of us. But unfortunately, the road under the flyover is the...

Delegation of regulatory authority!

Zahid Huq | 2022-07-22 00:00:00

The government's decision on power outages because of the rise in LNG and oil prices hit the headlines of the last Tuesday's issue of all national newspapers. Load-shedding that has returned after many years stirred up worries among all sections...

Multilateralism has been a casualty

Nilratan Halder | 2022-07-22 00:00:00

Societies the world over are becoming increasingly intolerant and violent. Political intrigues and atrocious economic inequality have stoked religious fundamentalism, bigotry and hate campaign. The victims everywhere are 'religious minorities' or vulnerable people. Slavery and apartheid have long been abolished...

Raising the export target in a turbulent year

2022-07-22 00:00:00

Setting export target for a country like Bangladesh is more than a mere exercise in jugglery of figures. Apart from its being a macroeconomic indicator of stability and sustainability, it is also a hallmark of a country's progress or otherwise....

Bangladesh's gas crisis: A puzzling paradox

Jehangir Hussain | 2022-07-22 00:00:00

Bangladesh has enough power- generation capacity to provide electricity to all, but a depressing reality is that load-shedding has become a daily affair. The question is why then enough power is not generated? The answer is the operators are constrained...

Why are marketing agencies so prevalent in Bangladesh?

Abir Ershad | 2022-07-21 12:00:00

Marketing is a major business function, and businesses that tend to overlook its importance either have an excellent product or they're making a bad decision. Despite this importance and the fact that marketing is an introductory business course, there are...

Odd thoughts

Sajjad Zohir | 2022-07-21 12:00:00

The two ideas mentioned below popped up while a few of my colleagues were discussing contemporary issues at random. Lest some enthusiastic political leaders or a powerful group of actors find the ideas useful, I dare to put those in...

Vaccination drive extended

2022-07-21 00:00:00

The authorities have extended the nationwide daylong Covid-19 vaccination campaign till today (July 21) aiming to fulfill the target of administering 7.5 million people with second and booster dose, report agencies."We have set a target of administering 7.5 million people......

HC rules over issuing gazette declaring Kazi Nazrul as National Poet

FE REPORT | 2022-07-21 00:00:00

The High Court on Wednesday issued a rule asking the authorities concerned to explain as to why they should not be directed to issue a gazette notification, declaring Kazi Nazrul Islam as National Poet.A HC court bench of Justice Farah...

BB asks banks not to harass NSC investors

FE REPORT | 2022-07-21 00:00:00

The Bangladesh Bank (BB) asked all scheduled banks on Wednesday not to harass clients, seeking services relating to investment in the national savings certificates (NSCs).A circular, issued by the central bank's debt management department, said the clients face harassments while...

Increase in EDF loan interest

SIDDIQUE ISLAM | 2022-07-21 00:00:00

The central bank has increased the interest rates on loans under Export Development Fund (EDF) scheme aiming to adjust the lending rates with traditional market, officials say.Under the revised interest rates, exporters will now be able to borrow from the...

Migration cost for Bangladeshis highest in region

FE REPORT | 2022-07-21 00:00:00

Migration cost for Bangladeshis is still highest in the region despite a slight decrease, says the 2022 Trafficking in Persons (TIP) Report.The report, released by the US State Department on Wednesday, also points out that Rohingyas and poor migration seekers...

Influx, land scarcity, underskill bar to execution of dev projects

FE REPORT | 2022-07-21 00:00:00

Influx of people, scarcity of land, skill gap of workforce and lack of coordination among state agencies are among the key constraints on quality implementation of development projects in the capital, speakers viewed at an event on Wednesday.There is also...

PM hands over 26,229 more houses today

2022-07-21 00:00:00

As part of the government's target to ensure housing for all landless and homeless people, Prime Minister Sheikh Hasina will hand over 26,229 more houses to landless and homeless families under the third phase of Ashrayan-2 Project today, reports BSS.Prime...

Tk 300b tax revenue deficit in FY '22

DOULOT AKTER MALA | 2022-07-21 00:00:00

The tax revenue collection has faced nearly Tk 300 billion shortfall in the previous fiscal year (FY), 2021-22, although the tax-collecting wings have achieved double-digit growth over their previous year's collection.According to a provisional data until Wednesday, the National Board...

Admission seekers' blockade snaps Dhaka's rail link for over 3 hrs

2022-07-21 00:00:00

Train movement between Dhaka and other parts of the country remained suspended for three and half an hour on Wednesday as some admission seekers put up barricade on rail tracks at Airport Rail Station demanding tickets to go to Rajshahi...

IMF team cites weaknesses on macroeconomic front

FE REPORT | 2022-07-21 00:00:00

An International Monetary Fund (IMF) economic appraisal mission noted with concern Bangladesh's low tax-GDP ratio, non-performing loan (NPL) buildup in the banking system and rising inequality, officials said.The team also had a critical appreciation of low FDI inflow, high out-of-pocket...

Briefing 21-07-2022

2022-07-21 00:00:00

Dhaka stocks extend lossesStocks extended the losing streak for a seventh consecutive session on Wednesday as jittery investors, facing confidence crisis, continued their relentless sell-offs. The market witnessed a positive trend in the early trading but failed to maintain the...

Prayer Timings (2022-07-21)

2022-07-21 00:00:00

Startups net $90m in H1

FE REPORT | 2022-07-21 00:00:00

Bangladeshi startups have raised nearly $90 million invest in the first half of the running calendar year, according to a study report.Of the latest investment, business to business platform ShopUp raised $63 million followed by delivery service Paperfly's $13 million,...

Electricity use to be cut by 25pc at govt offices

2022-07-21 00:00:00

The government has decided to reduce the use of electricity by 25 per cent at all its offices to save power for future, reports UNB.The decision came at an emergency meeting of secretaries of all ministries and departments held at...

Apr-June export orders fall 20pc

MONIRA MUNNI | 2022-07-21 00:00:00

The domestic apparel industry has witnessed a downtrend in work orders from global buyers in recent times, posing a threat to the country's export growth.Industry insiders, however, attribute this downswing to growing inflation and possible recession in major economies due...

Wickremesinghe elected Sri Lanka's president

2022-07-21 00:00:00

COLOMBO, July 20 (AFP): Ranil Wickremesinghe, a lawyer who served as Sri Lanka's prime minister a record six times, has finally made it to the top job, securing the presidency after winning a parliamentary vote on Wednesday despite fierce public...

No borrowing from IMF now: Kamal

FE Report | 2022-07-21 00:00:00

Finance Minister A H M Mustafa Kamal on Wednesday said Bangladesh would not borrow from the International Monetary Fund (IMF) at this moment."Neither Bangladesh has sought any loan from the IMF nor has the Washington-based lender proposed (to give) any...

Bangladesh eyes $67b export this fiscal despite headwinds

FE REPORT | 2022-07-21 00:00:00

Bangladesh sets sights high on US$ 67 billion in export earnings in the current financial year, a 10.1-percent growth over the achieved income in the just-past fiscal, discounting headwinds.All factors, like pandemic and war disruptions, have been taken into account...

Weather (2022-07-21)

2022-07-21 00:00:00

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

Obituary of Md Shamsul Alam

2022-07-21 00:00:00

Md Shamsul Alam, deputy managing director of Rupali Insurance Company Limited, died at a hospital in Barishal on Wednesday.He breathed his last at 10:15 am while undergoing treatment at Sher-e-Bangla Medical College and Hospital, says a press release.Shamsul Alam served...