The euro's tumble to parity against the dollar has pushed the European Central Bank back against a wall, leaving its policymakers with only painful and economically costly choices, reports Reuters.Letting the currency fall further would push up already record-high inflation,...
BEIJING, July 13 (AFP): China's export growth surged more than expected in June after its largest city eased lockdown rules, official data showed Wednesday, but imports fell while lingering Covid controls kept consumers jittery.Business hub Shanghai reopened in June after...
TOKYO, July 13 (Reuters): Japan's Fast Retailing, home of Uniqlo, is expected to report quarterly profit grew 11 per cent overall on Thursday, but investors' focus will be on whether China is recovering and how domestic consumers are faring with...
WASHINGTON, July 13 (Reuters): US consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the largest annual increase in inflation in 40-1/2 years and cementing the case for the Federal Reserve to hike interest rates...
A teenage boy has died after being crushed in a stampede triggered by a rush to collect the meat of sacrificial animals from a house in Dhaka's South Keraniganj, reports bdnews24.com.Several others were injured in the incident that took place...
MUNIMA SULTANABangladesh and Japan are set to sign a fresh memorandum of cooperation (MoC) for the next five years during the next joint platform meeting to carry out the development in investment opportunities of over US$ 8.0 billion created in...
FE REPORTDhaka metropolis remained in holiday mode on Wednesday with a poor presence of people at the workplace as many holidaymakers are yet to return from their roots after Eid-ul-Azha celebrations.Public, autonomous and private offices, including banks and financial institutions,...
FE REPORTThe daily Covid-19 caseload jumped to 1,027 in Bangladesh on Wednesday from the previous day's 656.On the other hand, the number of fatalities from the coronavirus declined to five on the day against nine on Tuesday, according to the...
FE REPORT | 2022-07-14 00:00:00
International cards (debit and prepaid) to be issued by the authorised dealers (ADs) can be used for online payments of visa- processing fees, the central bank said on Wednesday. The foreign exchange policy department of the Bangladesh Bank (BB) explained...
FE REPORT | 2022-07-14 00:00:00
Police recovered the dead body of a woman journalist from the city's Hazaribagh area on Wednesday. The deceased was identified as Sohana Parvin (37).Being informed, the police rushed to the spot and entered her room by breaking open the door...
PROVIDENCE ISLAND, (United Kingdom), July 13 (AFP): West Indies were dismissed for 108 batting first against Bangladesh in the second one-day international of a three-match series at the Guyana National Stadium on Wednesday. Brief scores at the end of the...
FHM Humayan Kabir | 2022-07-14 00:00:00
The Asian Development Bank (ADB) emerged as the top lender to Bangladesh, confirming US$2.08 billion worth of assistance in the just-concluded fiscal year (FY 2021-22), officials said on Tuesday. The Japan International Cooperation Agency (JICA) is the second-biggest lender in...
Stocks extend losing streakStocks extended the losing streak for the second straight session Wednesday as investors released their holding amid growing macroeconomic worries. DSEX, the key index of the Dhaka Stock Exchange (DSE), went down by 30.68 points to settle...
FE REPORT | 2022-07-14 00:00:00
The private-sector borrowers can extend guarantees like corporate guarantee, personal guarantee, third-party guarantee, etc. to the foreign lenders as per the foreign-loan agreement.However, the guarantee can be extended provided the loan concerned has been approved by the Bangladesh Investment Development...
Arafat Ara | 2022-07-14 00:00:00
Bangladesh's manpower export hit a new high in the past fiscal on post-pandemic rebound of overseas job market as nearly a million found employments abroad following good demand for Bangladeshi workers.Sources painted such a sound picture of the country's wager-earner...
COLOMBO, July 13 (AFP): Sri Lanka declared a state of emergency on Wednesday after the president fled overseas to escape anti-government protests, as thousands of people took to the streets, again furious that he had not yet stood down.President Gotabaya...
Siddique Islam | 2022-07-14 00:00:00
The central bank begins monitoring LCs daily to bar unnecessary imports in a major bid to ease pressure of import-payment obligations and thus buttress Bangladesh's falling reserves, officials say.Under the latest regulatory move-incidentally amid declining foreign-exchange reserves and depreciation of...
Mir Mostafizur Rahaman | 2022-07-14 00:00:00
Umpteen low-paid wage-earners will be able to access bank borrowings through the digital platform as several fintech firms are set to start latest financing operations in Bangladesh.Terming this as a welcome development, Prof Syed Farhad Anwar of the Institute of...
Light to moderate rain/ thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Rangpur, Mymensingh, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24-hour from 06:00 am today (Thursday), according to the...
Zahid Hossain, director at Biman Bangladesh Airlines, has been appointed as new managing director of the national flag carrier. He will replace Abu Saleh Mostafa Kamal who has been made the director general of Department of Social Services, reports bdnews24.com.The...
International Standard University (ISU) Vice Chancellor Prof Dr Abdul Awal Khan pays tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his mausoleum in Tungipara of Gopalganj on Wednesday. Treasurer (in-charge) HTM Quader Newaz,...
Fifty-one more dengue patients were hospitalised in 24 hours until Wednesday morning amid a rise in the mosquito-borne disease in Bangladesh, according to the Directorate General of Health Services (DGHS).Among them, 39 patients were hospitalised in Dhaka while the remaining...
The death toll from devastating floods in Netrakona and Habiganj districts rose to 118 on Wednesday morning with the recovery of two more bodies in the past 24 hours, repots UNB.The two victims had drowned in floodwaters, according to the...
France is keen on strengthening cooperation with Bangladesh for mutual economic and social benefits overcoming the challenges ahead, a French diplomat in Dhaka said on Wednesday, reports UNB."We now have to keep working together to combine our strength in order...
Prime Minister (PM) Sheikh Hasina on Wednesday called for ensuring integrated environment of education to help flourish talents and creativity of special children with autism and neuro-development disabilities, reports UNB. "Environment of integrated education is very much important to flourish...
FE REPORTLocal tanners are set to begin procuring salted rawhide of sacrificial animals from today (Thursday).The Bangladesh Tanners Association (BTA) on Wednesday said the tanneries in Savar have bought at estimated 0.55-million pieces of rawhide in the first three days...
Karmasangsthan Bank donated Tk 1.25 million to the PM's Relief and Welfare Fund for the flood-affected people. Chairman of the bank Md Nurul Amin and Managing Director Shirin Akhter handed over the donation cheque to Senior Secretary of the Prime...
FE ReportIndia has urged the Bangladesh government to resume import of meat from the neighbouring country as the traders concerned in both the countries are being hit hard by the non-shipment of such item, officials said.The Indian embassy in Dhaka...
CU student killed in Kolkata road crashA student of Chittagong University (CU) has been killed and her mother, a teacher of the university, severely injured in a road accident in Kolkata. The dead is Shajmila Jismam Moon, a third year...
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