The City Bank has successfully closed a USD 45 million syndicated loan, which was arranged by Bank Muscat, the leading financial services provider in the Sultanate of Oman. The transaction, which was initially launched for USD 25 million with a...
BABUL BARMAN | 2022-07-03 00:00:00
The benchmark index of the Dhaka Stock Exchange (DSE) plunged 380 points in the first six months of 2022 as the jittery investors dumped their holdings amid macroeconomic worries.The market has been in doldrums during the period under review amid...
WASHINGTON, July 02 (AFP): Talks between the United States and the Taliban continued in Doha earlier this week to discuss earthquake aid, the State Department said Friday, months after the two parties last meet in the Qatari capital in March.The...
DAMASCUS, July 02 (AFP): Iran's foreign minister (FM) travelled Saturday to Damascus on what he said was a mission to calm tensions, after Turkey threatened to launch a new offensive on Kurds in northern Syria.Hossein Amir-Abdollahian said his visit "was...
TEHRAN, July 02 (AFP): A series of strong earthquakes rocked southern Iran on Saturday, killing at least five people, injuring over 80 others and flattening dozens of buildings.The quakes, including two of magnitude 6.0, struck west of the major port...
Muhammad Mahmood | 2022-07-03 00:00:00
Productivity isn't everything, but in the long run it is almost everything. --Paul KrugmanBalance of payments (BoP) difficulties usually develop slowly over time. They may result from developments such as a high and rising import dependency, slow but gradual loss...
Fish farmers battered by the flood fear the worse as they have lost almost everything to the latest natural calamity. A large number of ponds containing fish and fries have been washed away across the country. Many of these fish...
Wastage of water is a serious issue in Bangladesh. We are not at all aware of efficient use of water, be it for a shower or for household chores. Many of us let the taps run for a long time...
Bus owners and operators in Dhaka city have been charging the passengers fares at their will for a long time. They do not hesitate to ignore the government-set fares and charge more from the passengers. It seems there are no...
Shihab Sarkar | 2022-07-03 00:00:00
Few tiny tots and teenagers across the world have ever been found averse to toys. Every child likes to play with toys. Children of Bangladesh are no exception. The common toys of the country date back to the pre-Christ era,...
The central bank on Thursday last raised the key policy rate by 50 basis points to 5.50 per cent. Nearly a month back, it had upped the rate for the first time in a decade. It also hiked the LC...
Shah Alam | 2022-07-02 12:00:00
♦ Why does every one Need Financial Planning?To find out the real cause of this question. We are facing an important question about this such as: what do we do when we want to go somewhere? There are some alternative...
Syed Fattahul Alim | 2022-07-02 12:00:00
The World Bank (WB) Group President David Malpass recently presented a bleak scenario of the world economy for the next two years. In his view, prices of commodities are not going to come down any time soon as the US...
MOSCOW, July 1, 2022 (BSS/AFP) - Russia on Friday threatened to close its embassy in Bulgaria and shut down the EU country's mission in Moscow as tensions rage over Moscow's offensive in Ukraine and espionage concerns.This week Bulgarian Prime Minister...
India on Friday imposed a ban on single-use plastics on items ranging from straws to cigarette packets to combat worsening pollution in country whose streets are strewn with waste, reports Reuters.Announcing the ban, the government dismissed the demands of food,...
KHARTOUM, July 1 (AFP) : Sudanese protesters rallied again Friday and security forces fired tear gas at them, a day after a mass demonstration drawing tens of thousands was met with the deadliest violence so far this year.Hundreds of activists...
CHATTOGRAM, July 1 (BSS): Chattogram Port has made a new record by handling over 3.2 million (32 lakh) TEUs (twenty-foot equivalent units) of containers during the fiscal year 2021-22.According to the Chittagong Port Authority (CPA) data, a total of 32,55,358...
Sri Lanka's state-owned Jaya Container Terminal at Colombo Port has offered priority berthing facilities to Bangladeshi feeder vessels, reports UNB.Chairman of Sri Lanka Ports Authority (SLPA) Prasantha Jayamanna has recently announced it at a discussion in Colombo, according to a...
WASHINGTON, July 1 (AFP): A key US inflation measure showed price increases held steady in the 12 months ended in May, while consumer spending growth slowed sharply, a good sign in the battle against soaring prices.Any sign of moderation will...
FE Report | 2022-07-02 00:00:00
Like Covid-19 infections, the number of fatalities from the virus also shows an uptrend, triggering concern among the healthcare experts.Bangladesh witnessed a fresh spike in coronavirus infections from early last month (June) but the death figure was zero for more...
FE REPORT | 2022-07-02 00:00:00
The Bangladesh Railway (BR) authority started selling advance tickets on Friday ahead of the upcoming Eid-ul-Azha, to be observed on July 10. Tickets for journey on July 5 were sold on the first day (Friday) of selling advance tickets. BR...
FE REPORT | 2022-07-02 00:00:00
Prices of vegetables and lentils witnessed remarkable hike last week as tomato hit maximum Tk240 a kg on Friday.Tomato witnessed almost 70 per cent hike in a week also at the wholesale, Monohor Das, a vendor at Rayerbazar Khelarmath area...
Stocks snap two-week losing streak Snapping a two-week losing streak, stocks rebounded in the outgoing week, as bargain hunters put money cautiously on lucrative issues with expectations of higher returns in the new fiscal year. . Page 9OPEC oil output...
FHM Humayan Kabir | 2022-07-02 00:00:00
It amounts to a king's ransom as Tk 5.0 million has been proposed as 'meeting allowance', Tk 6.0 million for arranging meetings and some Tk 771.4 million for consultants in a project. Sources say the proposed ancillary costs of the...
FE Report | 2022-07-02 00:00:00
Bangladesh has declared an area totaling about 8.8 per cent of its Exclusive Economic Zone in the Bay of Bengal as Marine Protected Area as part of a recipe to maximise use of marine resources. Foreign Minister Dr A. K....
FE REPORT | 2022-07-02 00:00:00
The ministries concerned are working on the possibilities of forming a special tribunal to settle disputes and cases over land ownership of expatriate Bangladeshis in their homeland.The foreign minister revealed the government move at a recent gathering of Bangladeshi expatriates...
FE REPORT | 2022-07-02 00:00:00
The government has imposed a ban on export of fragrant rice to control its price in the local market.The commerce ministry has asked the National Board of Revenue (NBR) to take required measures in this regard.According to a latest move,...
Vehicles wait in long queues at a toll plaza in Dhaleswari bridge area at Keraniganj in Dhaka to pay toll for the Bangabandhu Mahasarak on Friday, the first day of the introduction of toll rules. Slow process of toll collection...
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