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Govt allows two more hours of overtime for RMG workers

Monira Munni | 2022-06-01 00:00:00

The government has allowed two more hours of overtime for the country's export-oriented ready-made garment (RMG)-sector workers for six months amid huge work orders, sources said.According to the labour law, a worker in a garment factory works eight hours a...

Briefing 01-06-2022

2022-06-01 00:00:00

ETF makes debut in SeptemberExchange-Traded Fund (ETF) will finally be launched in September this year to facilitate diversification of the country's stock market. Page 9China jets in Taiwan air defence zoneTaiwan says it deployed fighter jets to warn off 30...

Prayer Timings (2022-06-01)

2022-06-01 00:00:00

Rice prices head for high levels of 2017, grocers fear

YASIR WARDAD | 2022-06-01 00:00:00

Rice became even more costly on Tuesday, when the government started its drive against hoarding of the staple. The price of coarse rice increased further by Tk 2.0-4.0 a kg in the city markets to hit a maximum of Tk...

BD static at 93 in Global Startup Ecosystem Index

SAIF UDDIN | 2022-06-01 00:00:00

Bangladesh's position in the latest edition of the Global Startup Ecosystem Index remains static at 93 among one hundred countries, according to a global report.However, the country's capital city ,Dhaka, slips by 63 positions to rank 326th globally among 1,000...

FBCCI pushes for loan moratorium until Dec

FE REPORT | 2022-06-01 00:00:00

Bangladesh's businesses seek loan-repayment moratorium till December because of "volatile" business ambience globally amid the war in Europe and resultant standoff in the West.The country's apex trade body placed the request, in a package of economic-recovery recommendations, with the central...

A Waterfront gets new lease of life

2022-06-01 00:00:00

After recovery from encroachers, BIWTA has placed concrete blocks along the bank of the Turag to save it from erosion near the Amin Bazar Bridge in Dhaka. At the same time, the authority has been installing benches on the waterfront...

Power price may rise to 'tolerable' level

FE REPORT | 2022-06-01 00:00:00

Electricity tariffs may rise to a 'tolerable' high as the government moves to ensure uninterrupted power supply to consumers and as its generation cost rises, says a minister.Many countries in the world are now facing difficulties in keeping the tariffs...

Submission of return-filing slip a must

DOULOT AKTER MALA | 2022-06-01 00:00:00

Submitting proof of tax-return submission may be mandatory for availing different services in public and private entities from the upcoming fiscal year, as a preventive measure against TIN tricks.Currently, these services from public and private entities could be taken on...

Weather (2022-06-01)

2022-06-01 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Barishal, Chattogram and Sylhet divisions over the country until 6:00 pm today (Wednesday), according to Met office.Day and night temperature may remain nearly unchanged over...

Technological Festival-2022

2022-06-01 00:00:00

A rally was brought out at Rangamati Science and Technology University on Monday marking the Technological Festival-2022. Vice chancellor of the university Dr Kanchan Chakma inaugurated the festival

HC orders arrest of two AB Bank officials in 24 hrs

FE REPORT | 2022-06-01 00:00:00

The High Court on Tuesday ordered to arrest two AB Bank officials, an Assistant Vice President (AVP) of the bank's head office, Aminul Islam, and the Satkhira Branch Manager within 24 hours. Officials of the Gulshan Police Station in Dhaka...

Ctg people yet to get rid of waterlogging

Our Correspondent | 2022-06-01 00:00:00

CHATTOGRAM, May 31: The people of Chattogram suffer a lot due to waterlogging during the rainy season even though the government had taken several projects to solve the problem permanently in 2018.As the projects have not been completed in four...

BD top recipient of Covid-19 vaccines under Covax: Unicef

2022-06-01 00:00:00

UNICEF has delivered over 190 million doses of Covid-19 vaccines to Bangladesh through Covax in one year, reports UNB.To date, Bangladesh remains the top recipient of doses under Covax, the global initiative co-led by the Coalition for Epidemic Preparedness Innovation,...

Govt plans to boost rice bran oil production

REZAUL KARIM | 2022-06-01 00:00:00

Against a backdrop of the soaring prices of edible oil in the country, the government is set to take an initiative to devise strategies for ramping up rice bran oil production aiming to cut dependency on widely-consumed soybean and palm...

Two JMB men get life-term jail in Lalmonirhat

2022-06-01 00:00:00

LALMONIRHAT, May 31 (BSS): A court in the city on Tuesday sentenced two JMB (Jammatul Mujahideen Bangladesh) men to life-term imprisonment in an arms case filled in 2018.Judge of Special Tribunal-1 Md Mizanur Rahman handed down the verdict to Md...

Three Naogaon Razakars to walk gallows for war crimes

2022-06-01 00:00:00

The International Crimes Tribunal (ICT)-1 on Tuesday sentenced three Razakars of Naogaon to death for their crimes against humanity in 1971, reports BSS.A three-member panel of the ICT-1 led by its chairman Justice Md Shahinur Islam pronounced the judgment on...

EC has no jurisdiction to declare reelection after announcing an election result: SC

FE REPORT | 2022-06-01 00:00:00

The Appellate Division of the Supreme Court on Tuesday upheld a High Court ruling saying that the Election Commission has no jurisdiction for declaring reelection after announcing an election result.A three-member bench of the Appellate Division headed by Justice Md...

AL ready to resist BNP's anarchy on streets: Quader

2022-06-01 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Tuesday said if BNP wants to create anarchy on the streets in the name of movement, it would be handled with an iron hand, reports BSS."Chhatra Dal has been sent to field...

BNP reaches consensus on 'simultaneous' movement with Ganosanghati Andolan

2022-06-01 00:00:00

BNP on Tuesday reached a consensus with Ganosanghati Andolan to wage a 'simultaneous' movement to ensure the fall of the Awami League government and establish a polls-time neutral government, reports UNB.BNP Secretary General Mirza Fakhrul Islam Alamgir made the remarks...

Prime Minister Sheikh Hasina paying tributes to Bangabandhu

2022-06-01 00:00:00

Prime Minister Sheikh Hasina paying tributes to Bangabandhu by placing wreath at the mazar of Father of the Nation Bangabandhu Sheikh Mujibur Rahman in Tungipara of Gopalganj on Tuesday — PID Photo

Eurozone shares hit session lows

2022-06-01 00:00:00

Eurozone shares hit session lows on Tuesday after data showed inflation rose to a record high in May, spurring bets of bigger interest rate hikes by the European Central Bank (ECB), reports Reuters.Inflation in the 19 countries sharing the euro...

Life Ins Corp of India reports lower profit

2022-06-01 00:00:00

MUMBAI, May 31 (Reuters): Life Insurance Corporation of India reported a profit of 23.72 billion Indian rupees ($306 million) for the March quarter, down from 28.93 billion a year earlier.India's biggest insurer and largest domestic financial investor also announced a...

Asian markets mixed as inflation, rate worries temper rally

2022-06-01 00:00:00

HONG KONG, May 31 (AFP): Asian markets were mixed Tuesday as investors battled to maintain a global rally, with inflation continuing to niggle owing to a pick-up in oil prices while a top Federal Reserve official pressed for a series...

61st AGM of Bangladeshiyo Cha Sangsad held

2022-06-01 00:00:00

The 61st Annual General Meeting (AGM) of Bangladeshiyo Cha Sangsad (BCS) -Bangladesh Tea Association (BTA) was held in Dhaka on Tuesday. The AGM was chaired by the Association's Chairman Mr. M. Shah Alam. Senior Vice-Chairman, Mr. Riazur Rahman, FCA, Central...

Bank Asia Agent Conference - 2022 of Rangpur Division held

2022-06-01 00:00:00

Bank Asia Agent Conference - 2022 of Rangpur Division was held at RDRS Guest House in Rangpur recently. Md. Sazzad Hossain, Deputy Managing Director and Chief Operating Officer of the bank, was the chief guest of the conference. Around 250...

News Briefs (2022-06-01)

2022-06-01 00:00:00

Disbursement of dividend Golden Son Limited: The company has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.City General Insurance Co. Ltd: The company has disbursed the cash dividend for the year ended December...

216th Jamalpur Branch of UCB inaugurated

2022-06-01 00:00:00

The 216th Jamalpur Branch of United Commercial Bank Limited (UCB) was inaugurated on Tuesday. Arif Quadri, Managing Director & CEO, United Commercial Bank, inaugurated the branch as the chief guest. Additional Managing Director of UCB Nabil Mustafizur Rahman was present...

'MTB Lotto Privileged Club Mastercard Prepaid Card'

2022-06-01 00:00:00

Mutual Trust Bank Limited (MTB), in collaboration with Mastercard and Lotto, has recently launched 'MTB Lotto Privileged Club Mastercard Prepaid Card'. Syed Mahbubur Rahman, Managing Director & CEO, Mutual Trust Bank, Syed Mohammad Kamal, Country Manager, Mastercard Bangladesh, and Kazi...

39th AGM of Pubali Bank held

2022-06-01 00:00:00

The 39th Annual General Meeting (AGM) of Pubali Bank Limited was held at the bank's head office through physical presence and virtual platform on Tuesday. Monzurur Rahman, Chairman of the board of directors of Pubali Bank, presided over the meeting....