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CEC says sorry for his rifle for sword remarks

2022-07-20 00:00:00

Chief Election Commissioner (CEC) Kazi Habibul Awal on Tuesday apologised for his rifle against sword comment during his ongoing dialogue with political parties, reports UNB."Sometimes we make mistakes. Sorry for that. I went for humour. I didn't mean it. Please...

Govt may start monitoring edible oil mkt from today

FE REPORT | 2022-07-20 00:00:00

The Directorate of National Consumer Rights Protection (DNCRP) will monitor the edible oil market with a view to ensuring that such oils are sold at the new rate fixed by the government recently. The decision came at the 3rd meeting...

Sabrina, Arif get 11 years

FE REPORT | 2022-07-20 00:00:00

A Dhaka court awards eight persons, including JKG Health Care chairman Dr Sabrina Arif Chowdhury, 11 years of rigorous imprisonment each in a case filed over issuing fake Covid-19 certificates.Additional Chief Metropolitan Magistrate Court Judge Tofazzal Hossain delivered a verdict...

Covid vaccination drive witnesses low turnout

FE Report | 2022-07-20 00:00:00

The daylong nationwide coronavirus vaccination drive that began on Tuesday to cover some 7.5 million people received lukewarm response across the country.Visiting various vaccine centers in Dhaka, lower presence of vaccine-seeking people was observed throughout the day. Even in some...

BD passport 104th on global index

FE REPORT | 2022-07-20 00:00:00

Bangladeshi passport has been placed in 104th position among 112 in a latest global Index indicating its poor acceptance in many travel destinations.The green passport holders can enter only 41 international destinations without prior visa, according to the Henley Passport...

BB tightens shippers' EDF facility

FE REPORT | 2022-07-20 00:00:00

The Bangladesh Bank (BB) on Tuesday tightened the Export Development Fund (EDF) facility for the shippers to some extent, as settlement of liabilities from the funded facility is no more allowed. The central bank issued a circular, signed by director...

ECNEC okays MRT-6 project 2nd revision, cost rises by Tk 114.87b

2022-07-20 00:00:00

Prime Minister Sheikh Hasina has urged all concerned, including the stakeholders in public and private sector, to maintain austerity in all fields, including in power consumption, in the wake of global inflationary situation, reports BSS.If all concerned could pursue austerity,...

Diesel being purchased from a gas station

2022-07-20 00:00:00

Diesel being purchased from a gas station to run a private power generator amid the introduction of scheduled power load-shedding. The photo was taken in Motijheel area of the city on Tuesday — FE photo

Deadline nears, L/Cs for 47K tonnes only

YASIR WARDAD | 2022-07-20 00:00:00

Most of the importers are going to miss the government-set July 21 deadline to open letters of credit (L/Cs) to bring home 0.409=million tonnes of rice from abroad.The L/Cs for 47,000 tonnes of rice have so far been opened in...

War causes public sufferings: PM tells Indian Army chief

2022-07-20 00:00:00

Prime Minister Sheikh Hasina on Tuesday denounced any kind of war saying it always causes sufferings to the mass people, reports UNB.She said this while visiting Indian Army chief General Manoj Pande called on her at her official residence Ganobhaban.PM's...

Briefing 20-07-2022

2022-07-20 00:00:00

Stocks keep bleeding Stocks suffered another big fall on Tuesday as edgy investors continued to sell off their positions in a bid to exit the market, fearing that economic uncertainty would deepen in coming months. The benchmark DSEX of Dhaka...

Prayer Timings (2022-07-20)

2022-07-20 00:00:00

Area-based scheduled electricity outage starts

FE REPORT | 2022-07-20 00:00:00

Area-based scheduled daily load-shedding has been imposed across the country from Tuesday, as the government has shut operations of all diesel-fired power plants under a fresh austerity measure to cut import of expensive diesel.The state-run electricity distribution companies have prepared...

Transit fees remain unchanged

Doulot Akter Mala and Syful Islam | 2022-07-20 00:00:00

Bangladesh has kept the transit fees unchanged for four trial runs of transhipment of Indian goods using Mongla-Tamabil, Tamabil-Chattogram, Chattogram-Shawla and Chattogram-Bibirbazar routes.The National Board of Revenue (NBR) issued a gazette on Tuesday with the schedules of fees and charges...

Implementing labour roadmap must for GSP plus: EU

FE REPORT | 2022-07-20 00:00:00

The visiting European Union parliamentary delegation on Tuesday made it clear that Bangladesh must implement the Labour Roadmap and amend the EPZ labour rules to get the GSP plus facilities from EU. They also tagged improving human rights and elimination...

Recovery to rise, dev process to accelerate

FE REPORT | 2022-07-20 00:00:00

A fresh loan-rescheduling and- restructuring policy the central bank has just issued would help raise recovery of huge unpaid loans and facilitate overall economic activities amid the exigencies of pandemic and war. A spokesperson for the Bangladesh Bank came up...

Inflation bites, as rate soars to 9-year high

FHM Humayan Kabir | 2022-07-20 00:00:00

Bangladeshis also feel bitter bite of inflation as its point-to-point rate climbed to 7.56 per cent last month, a nine-year high, amid erratic price rises.Meanwhile, the average inflation rate in the last fiscal year (FY), 2021-22, was recorded at 6.15...

Mild heat wave may sweep over N-districts

2022-07-20 00:00:00

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

BR starts fresh feasibility study

Munima Sultana | 2022-07-20 00:00:00

Bangladesh Railway (BR) has started carrying out a fresh feasibility study on the development of a dual-gauge double line rail track on the Joydebpur-Ishwardi section for the third time.The state-owned rail operator has taken the initiative as Japan has shown...

Another BD hajj pilgrim dies

2022-07-20 00:00:00

A Bangladeshi national has died during his Hajj pilgrimage to Saudi Arabia, according to the Ministry of Religious Affairs, reports bdnews24-com.This year, 23 Bangladeshis have died during the religious journey--16 men and seven women.The latest victim was 62-year-old Md Kamal...

92.79pc ADP executed in FY22

FE REPORT | 2022-07-20 00:00:00

With the record-highest single-month spending, government agencies implemented 92.79 per cent of the Annual Development Programme (ADP) in fiscal year (FY) 2021-22, officials said on Tuesday.In the single month of June, the agencies spent 27.23 per cent of the Tk...

Naval Chief Admiral M Shaheen Iqbal handing over a cheque to Prime Minister Sheikh Hasina

2022-07-20 00:00:00

Naval Chief Admiral M Shaheen Iqbal handing over a cheque to Prime Minister Sheikh Hasina for the flood-affected people in Sylhet and other parts of the country at the PM's official residence Ganobhaban in the city on Tuesday. The fund...

Eid-time road crashes kill 440: JKS

FE REPORT | 2022-07-20 00:00:00

Accidents claimed 440 lives on highways, waterways, and railways during the vacation season ahead of Eid-ul-Azha, said Jatri Kallyan Samity (JKS), a platform for road safety, on Tuesday.Road accidents alone account for 398 deaths in 319 incidents, marking the highest...

Defeated party in next polls may get eliminated from politics: GM Quader

2022-07-20 00:00:00

Jatiya Party Chairman GM Quader on Tuesday feared that the losers in the next national elections may get wiped out because of the prevailing political reality in the country, reports UNB. "The political leaders of the country are responsible for...

PM receives report on Bangabandhu's birth centenary celebration

2022-07-20 00:00:00

Chief coordinator of Bangabandhu Sheikh Mujibur Rahman Birth Centenary Celebration National Implementation Committee Kamal Abdul Naser Chowdhury on Tuesday handed over its report to Prime Minister Sheikh Hasina, reports UNB.He handed over the 234-page report to the PM at her...

Talks about electricity don’t suit BNP: Quader

2022-07-20 00:00:00

Awami League General Secretary Obaidul Quader on Tuesday said talking about electricity does not suit the mouths of BNP leaders, reports BSS."How do the BNP leaders talk about electricity? Do they have any shame?" he questioned while speaking at a...

Load-shedding an early sign of economic crisis, says BNP

2022-07-20 00:00:00

Terming the countrywide load-shedding an early sign of grave economic crisis, BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday said the government will now find it very difficult to overcome the crisis and prevent its fall, reports UNB."The economists...

EU efforts insufficient to get through winter without Russian gas: IEA

2022-07-20 00:00:00

PARIS, July 19 (AFP): Europe's efforts to diversify suppliers will not be enough to get it through winter without Russian gas, the head of the International Energy Agency warned Monday, urging immediate efforts to cut demand.The comments by the IEA's...

US sustainable funds returned to inflows in June, report says

2022-07-20 00:00:00

Investors resumed deposits into US sustainable funds last month, marking a return to the norm after net withdrawals in May broke a three-year streak of monthly inflows, researcher Morningstar said on Monday, reports Reuters.Sustainable mutual funds and ETFs, including those...

India's PharmEasy plans $200 million fund raising at lower valuation

2022-07-20 00:00:00

MUMBAI, July 19 (Reuters): Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15 per cent or even 25 per cent lower than last year's $5.1...