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Briefing 05-07-2022

2022-07-05 00:00:00

Stocks extend losses as Eid festival nearsThe stock market extended its losing streak for the second straight session Monday amid persistent volatility as investors were mostly cautious to put fresh funds in stocks ahead of the Eid festival. The market...

Prayer Timings (2022-07-05)

2022-07-05 00:00:00

State-run BSEC suffers loss for first time

Jubair Hasan | 2022-07-05 00:00:00

A once-thriving state-run behemoth, Bangladesh Steel and Engineering Corporation (BSEC), shrinks into atrophy with financial loss for the first time, officials say.The state steelmaker had been profitable until the financial year (FY) 2019-2020 despite various operational challenges but saw a...

12 new deaths, highest daily count in four months

2022-07-05 00:00:00

Bangladesh has recorded 12 new deaths from COVID-19, the highest daily count since Mar 5, taking the total toll from the disease to 29,174, reports bdnews24.com.It also recorded 2,285 new coronavirus cases in a day, taking the total caseload to...

IFC, BRAC Bank to issue first housing bond

FE REPORT | 2022-07-05 00:00:00

The International Finance Corporation (IFC) joined hands with BRAC Bank Limited to issue housing bond worth US$50 million for the first time in the country to help provide affordable housing loans to low- and middle-income urban and rural families. "Thousands...

Measure may pamper informal economy

DOULOT AKTER MALA | 2022-07-05 00:00:00

A flexible approach to enforcement of the provision for mandatory verification of tax-return slip is being adopted for now, officials say as apprehensions grow about money migration into informal economy.The customized software on third-party verification that is a proof of...

Weather (2022-07-05)

2022-07-05 00:00:00

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

News in Brief-(2022-07-05)

2022-07-05 00:00:00

36 new dengue patients hospitalisedThirty-six new dengue patients were hospitalised in 24 hours until Monday morning as cases are rising in Bangladesh. Among them, 31 patients were hospitalised in Dhaka while the remaining 5 patients in other places, according to...

10.39pc pass DU Ka unit entry test

DU Correspondent | 2022-07-05 00:00:00

The results for the first year admission test of Dhaka University's (DU) Ka unit under Science and Engineering related faculties were published on Monday for 2021-22 academic session, with a pass rate of 10.39 per cent.DU Vice-Chancellor Prof Dr Md...

General SM Shafiuddin Ahmed poses for photograph with other guests

2022-07-05 00:00:00

Chief of Army Staff General SM Shafiuddin Ahmed poses for photograph with other guests at SKS Tower in the city's Mohakhali area on Sunday marking the golden jubilee and 50th founding anniversary of Sena Kalyan Sangstha — ISPR

Dhaka seeks proactive role from Jakarta, ASEAN

2022-07-05 00:00:00

Foreign Minister Dr AK Abdul Momen has urged Indonesia and the ASEAN to play a proactive role in facilitating early repatriation of the displaced Rohingya people currently sheltered in Bangladesh on humanitarian grounds, reports UNB.He reiterated that the problem was...

Commercial building inspection begins in city

FE REPORT | 2022-07-05 00:00:00

Integrated inspection teams, led by Bangladesh Investment Development Authority (BIDA), have started inspecting multi-storey commercial buildings (market buildings) in Dhaka city.Initially, 11 integrated inspection and monitoring teams were formed to inspect 1,072 buildings and find structural, electrical, fire safety and...

BEZA to expedite development of planned EZs in SW region

SAIF UDDIN | 2022-07-05 00:00:00

Bangladesh Economic Zones Authority (BEZA) is expecting to expedite development of the planned industrial parks in the country's south-western (SW) region as investors are showing increased interest in the areas, thanks to enhanced connectivity established after opening of the Padma...

BCL man stabbed dead in Cox's Bazar

2022-07-05 00:00:00

COX'S BAZAR, July 04 (UNB): A leader of Bangladesh Chhatra League (BCL) was stabbed to death allegedly by his rivals in Sadar Upazila of Cox's Bazar distrct on Sunday.The dead was identified as Faisal Uddin (25), son of Lal Mohammad...

JL leader held over brutal torture of man in Noakhali

2022-07-05 00:00:00

NOAKHALI, July 04 (UNB): Police arrested a local Jubo League (JL) leader in a case over torture of a sexagenarian man from Thanarhat Bazar in Subornachar upazila of Noakhali district in the early hours of Monday.The arrestee is Abul Hossain...

RAB arrest nine robbers

FE REPORT | 2022-07-05 00:00:00

The Rapid Action Battalion (RAB) arrested nine members of an inter-district robber gang. RAB-1 commander Lieutenant Colonel Abdullah Al Momen disclosed it to the media at the elite force's media centre at Karwan Bazar in the capital on Monday.He said...

BNP main obstacle to democratic values: Quader

2022-07-05 00:00:00

Terming BNP as the guarantor of autocracy, Awami League (AL) General Secretary Obaidul Quader on Monday said the party (BNP) is the main obstacle in the way of establishing democratic values, culture and principles in the country, reports BSS."The country's...

Make coordinated efforts to ensure rights of child domestic workers

2022-07-05 00:00:00

Members of parliament and civil society representatives at a dialogue on Monday called for coordinated efforts to ensure rights of child domestic workers, reports UNB.Action for Social Development (ASD), a non-profit organisation, arranged the dialogue on 'Rights and Protection of...

BNP men being barred from distributing flood relief: Tuku

2022-07-05 00:00:00

BNP has alleged that the ruling party men and law enforcers are preventing the party activists from carrying out relief efforts for the flood-affected people in the northeast region of the country, reports UNB."The air in the country's Sylhet, Mymensingh...

Mirza Abbas speaking at the Ward Conference

2022-07-05 00:00:00

BNP Standing Committee Member Mirza Abbas speaking at the Ward Conference of Khilgaon thana unit in the city's Sepahibagh on Monday — Collected

Vested quarter conspiring to oust AL govt, warns PM

2022-07-05 00:00:00

Prime Minister and Awami League President Sheikh Hasina on Monday warned that a vested quarter has been trying to oust her Awami League government despite its success in putting the country on the road to development and prosperity, reports UNB....

United Finance, receiving Sustainability Rating Recognition 2020 award

2022-07-05 00:00:00

Kaiser Tamiz Amin, Managing Director of United Finance, receiving the Sustainability Rating Recognition 2020 award as one of the top five financial institutions from outgoing Bangladesh Bank Governor Fazle Kabir at a ceremony recently

Agrani SME Financing Company achieved Sustainability Rating Recognition award

2022-07-05 00:00:00

Agrani SME Financing Company Limited, an NBFI owned by Agrani Bank Limited, has achieved the Sustainability Rating Recognition award from the central bank. Chairman of the institution and MD & CEO of Agrani Bank Mohammad Shams-ul Islam received the award...

City Bank signed agreement with IFAD Group

2022-07-05 00:00:00

City Bank has signed an agreement with IFAD Group for Employee Banking facility recently. The higher management of IFAD group will also avail Citygem Priority banking facilities under this agreement. Sheikh Mohammad Maroof, Additional Managing Director & Chief Business Officer...

BIDA begins inspection in Dhaka

2022-07-05 00:00:00

Integrated inspection teams led by Bangladesh Investment Development Authority (BIDA) began inspecting multi-storied commercial buildings (market buildings) in Dhaka North and South City Corporation area. Initially, 11 integrated inspection and monitoring teams were formed to inspect 1072 buildings. The Department...

CSE Shariah Index revised

2022-07-05 00:00:00

The Chittagong Stock Exchange (CSE) has revised its Shariah Index on the basis of performance of the listed companies. The new index will come into effect from July 17. The port city bourse reviews the index twice in a year,...

NLI celebrated 38th founding anniversary

2022-07-05 00:00:00

National Life Insurance Company Ltd (NLI) celebrated 38th founding anniversary on Sunday. Planning minister MA Mannan MP attended the programme on digital platform as the chief guest. Morshed Alam MP, chairman of the company, presided over the event, held at...

New Vice-Chairman of Dhaka Bank elected

2022-07-05 00:00:00

Mr. Md. Aman Ullah Sarker has recently been elected as the Vice-Chairman of Dhaka Bank Limited. He is associated with Rahmat Group, a renowned business group which is one of the leading manufacturers of textiles, spinning, weaving, plastic and accessories...

Dhaka Regency offers Eid packages

2022-07-05 00:00:00

On the occasion of Eid-ul-Azha, Dhaka Regency Hotel & Resort has arranged a host of wonderful accommodation and dining offers, says a press release. Designed to pamper and rejuvenate, the Eid package offers access to the distinctive hotel services and...

Intraco Refuelling to issue Tk 500 million bond

FE REPORT | 2022-07-05 00:00:00

Intraco Refueling Station Ltd (IRSL) has decided to issue convertible bonds worth Tk 500 million for business expansion."The board of directors has decided to hold an extraordinary general meeting for issuance of "Intraco Refueling Convertible Bond" worth Tk 500 million...