FE REPORT | 2022-06-03 00:00:00
No conversion factor would be used against 100 per cent funded and non-funded exposure while calculating single borrower and large loan limit, according to a Bangladesh Bank (BB) circular - issued on Thursday. However, conversion method would be used while...
FE REPORT | 2022-06-03 00:00:00
FBCCI President Md Jasim Uddin on Thursday came down hard on traders over sudden price hike of rice, especially in the peak season.The leader of the country's apex trade body said the unethical practice of hoarding by a group of...
FE REPORT | 2022-06-03 00:00:00
Bangladesh lowered the retail prices of liquefied petroleum gas (LPG) provided by private operator by 6.96 per cent for June trading, in a downward adjustment of the previously hiked rates.The price of 12kg cooking fuel has been adjusted lower to...
FE REPORT | 2022-06-03 00:00:00
As if to deepen the plight of consumers already reeling from unabated hike in prices of most essentials, the edible oil millers submitted a fresh proposal to the commerce ministry on Thursday, seeking a Tk 24 hike in prices of...
FE REPORT | 2022-06-03 00:00:00
The country's single-month export recorded a slow growth with US$3.83 billion earnings in May, the lowest since September last, which exporters attributed to a sluggish global demand. Bangladesh witnessed a 23.24 per cent growth in May 2022 export earnings compared...
JASIM UDDIN HAROON | 2022-06-03 00:00:00
Bangladesh's current-account deficit (CAD) widens over nine times to $15.32 billion, as of April, mainly on account of a sharp decline in remittances and rise in imports.Bangladesh Bank (BB) data released Thursday showed that the CAD widened in ten months...
SIDDIQUE ISLAM | 2022-06-03 00:00:00
The local currency depreciated significantly against the US dollar Thursday as Bangladesh again allowed banks to fix their exchange rates freely on the foreign-exchange market, officials said.The central bank allowed the authorised dealer (AD) banks to fix their exchange rates...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Mymensingh, Dhaka, Chattogram and Sylhet divisions and at a few places over Rangpur, Rajshahi Khulna and Barishal divisions with moderately heavy to...
Bangladesh reported 20 new dengue cases in the 24 hours till Thursday morning, reports UNB. Among the new patients, 19 were hospitalised with dengue, a mosquito-borne viral disease, in Dhaka city while another was hospitalised outside Dhaka, according to the...
The High Court (HC) has ordered the authorities concerned to investigate the allegation of harassment of students wearing hijab and burqa in eight educational institutions, reports UNB.The HC bench of Justice Mozibur Rahman and Justice Khizir Hayat passed the order...
DU Correspondent | 2022-06-03 00:00:00
The Dhaka University (DU) admission tests for the first year honours will begin today (Friday). The 'Ga' unit test under Business Studies faculties will be held today (Friday) and the 'Kha' unit admission test under Faculty of Arts for the...
The orientation programme for the newly-enrolled students of the Summer Semester -2022 of East West University (EWU) was held on the university campus at Aftabnagar in the city on Thursday, says a press release. Nearly 1000 students got admitted to...
FE REPORT | 2022-06-03 00:00:00
The Dhaka city corporations are now joining the ongoing government drive against unscrupulous traders to strengthen monitoring on the markets amid soaring prices of rice.The Dhaka South City Corporation (DSCC) already launched its drive on Thursday, making its first visits...
Awami League presidium member Jahangir Kabir Nanak has said that BNP does not have the capacity to resist the upcoming parliamentary elections no matter how much BNP and Jamaat hatch conspiracy, reports BSS."The BNP-Jamaat evil force has started hatching conspiracy...
Agriculture Minister and Awami League (AL) Presidium Member Dr Muhammad Abdur Razzaque on Thursday said his party has enough power to deal with BNP politically, reports BSS."Different small political parties including the BNP are threatening of waging movement centring the...
KUSHTIA, June 02 (BSS): Awami League (AL) Joint General Secretary Mahbubul Alam Hanif today said that the leaders of BNP are spreading falsehood against the development activities of the government."They (BNP-leaders) are making falsehood against the development activities of the...
Information and Broadcasting Minister Dr Hasan Mahmud on Thursday said BNP has proved that Ziaur Rahman was involved in the assassination of Bangabandhu in 1975 and the party admitted it by chanting the slogan of 'Pochatthorer Hatiar' (weapons of 75)...
Road Transport and Bridges Minister Obaidul Quader on Thursday said Bangladesh Nationalist Party (BNP) is trying to conceal its failure by creating the 'greater mockery' in the name of forming 'greater unity', reports BSS.He made the remark at a press...
BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday alleged that an artificial crisis of rice and different food grains has been created to make a quick buck by raising their prices, reports UNB. "The problem with the present government...
BRASÍLIA, June 2 (AFP): Brazil's economy grew one per cent in the first quarter of the year, the government said Thursday, though surging inflation continues to hurt the Latin American giant.The expansion, which was in line with analysts' forecasts, was...
Md Nurul Alam joined the Janata Bank Limited as its chief financial officer (CFO) (DMD) recently, according to a statement. Prior to his joining the bank, Mr. Alam was the additional director of Bangladesh Bank. He was involved in policymaking...
A government delegation led by Agriculture minister Dr Muhammad Abdur Razzaque visited PRAN's industrial park, PRAN Agro Limited, at Ekdala in Natore on Wednesday. They visited different parts of the industrial park and saw the various production plants, including noodles...
Bangladesh Economic Zones Authority (BEZA) on Thursday gave pre-qualification licence to privately-owned Purbagaon Economic Zone (EZ) being developed at Kayet Para Union under Rupganj upazila in Narayanganj.BEZA issued the pre-qualification licence to establish the economic zone at a function at...
Bangladesh House Building Finance Corporation (BHBFC) recently opened its 62nd branch in Khagrachhari district. Local MP Mr. Kujendra Lal Tripura inaugurated the office as the chief guest. Prof. Dr. Md. Salim Uddin, FCA, FCMA, chairman of BHBFC Board of Directors...
The 830th meeting of the executive committee (EC) of Shahjalal Islami Bank Limited (SJIBL) was held at corporate head office of the bank recently. The meeting was presided over by Akkas Uddin Mollah, Chairman of the executive committee of the...
NEW YORK, June 2 (Reuters): US corporate bonds posted their first positive monthly return this year in May as easing inflation jitters alleviated pressure on rates and the possibility of a less hawkish Federal Reserve mitigated concerns over companies' ability...
Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening measures by major central banks and supply chain disruptions due to strict lockdowns in China, reports Reuters.Overseas investors withdrew $3.69...
Disbursement of dividend Mercantile Bank Limited: The company has credited bonus share to the respective shareholders' BO accounts and disbursed the cash dividend to the respective shareholders for the year ended December 31, 2021.Board meetingMIDAS Financing Ltd: A board meeting...
Modhumoti Bank Limited organised a three-day orientation programme for management trainees (7th batch) of the bank at Modhumoti Learning & Development Center recently. Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank, was present as the chief guest at...
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