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BB also halts foreign trips of its officials, employees

2022-05-20 00:00:00

Bangladesh Bank (BB) has suspended overseas travel of its officials, employees with the central bank's financing until further notice, reports UNB.Foreign trips of Bangladesh Bank officials and employees to participate in educational programmes, seminars and workshops will remain suspended following...

Chinese CCCC to collect toll of Bangabandhu tunnel

2022-05-20 00:00:00

The government approved on Wednesday a proposal for appointing the China Communications Construction Company Limited (CCCC) to collect toll of the Bangabandhu Sheikh Mujibur Rahman Tunnel under Karnaphuli River in Chattogram district, reports BSS.The approval came from the 12th meeting...

This pier of Dhaka Elevated Expressway

2022-05-20 00:00:00

This pier of Dhaka Elevated Expressway has been installed right next to a school building at Baridhara DOHS in the city, raising questions about the standard of the design. The photo was taken on Thursday — FE photo

Qatar keen to hire workers from BD

FE REPORT | 2022-05-20 00:00:00

Qatar is willing to hire workers from Bangladesh for employment in its security, hospitality and transport sectors ahead of the FIFA World Cup that kicks off this November.Ali bin Smaikh Al Marri, labour minister of the Gulf nation, expressed such...

BD daily Covid death zero, fresh cases 35

FE REPORT | 2022-05-20 00:00:00

Thirty-five Covid-19 cases and zero death from the virus were reported in Bangladesh on Thursday.The figures were 22 and zero respectively on Wednesday, according to the Directorate General of Health Services (DGHS).With the latest daily counts, the total fatalities from...

Sylhet schools shut as flood worsens

2022-05-20 00:00:00

The overall flood situation in Sylhet district worsened further Thursday morning, with some rivers still flowing above the danger level due to the onrush of hilly waters from India, reports UNB.Although the showers have subsided in the district in the...

Sustainable freight transport strategy comes into focus

FE REPORT | 2022-05-20 00:00:00

Speakers at a daylong national consultation workshop stressed devising a strategy for sustainable freight transport in Bangladesh having potential to transform the country into a transport and logistics hub for South and Southeast Asia. Sharing the draft strategy for the...

Consumer rights laws need to be strengthened

FE REPORT | 2022-05-20 00:00:00

The country's existing consumer rights laws need to be strengthened to protect the interests of common people as irregularities persist everywhere, said speakers at a seminar on Thursday.They made the comment while speaking at a seminar on 'Consumer Rights Protection...

ACC sues PK Halder, three others

FE REPORT | 2022-05-20 00:00:00

The Anti-Corruption Commission (ACC) on Thursday filed another case against Prashanta Kumar Halder, also known as PK Halder, and three others over embezzlement of Tk 440 million from FAS Finance Ltd.Three other accused are -- former managing director of Diya...

Toll rates to be revised

MUNIMA SULTANA | 2022-05-20 00:00:00

The proposed toll rates for the country's first expressway are expected to be revised to introduce on the 55-kilometre road on both sides of the Padma Bridge after its inauguration.Sources said the Road Transport and Highways Division (RTHD) will sit...

Bridge to be named just Padma Bridge, says PM

2022-05-20 00:00:00

The long-awaited Padma bridge is nearly ready to open, reports bdnews24.com.Following a Cabinet meeting on Thursday, the cabinet secretary said the date of the bridge's inauguration will be set by the prime minister in the next few days."The honourable prime...

Holding a baby in her arms

2022-05-20 00:00:00

Holding a baby in her arms, a woman is waiting outside Udayan School on the Dhaka University campus on Thursday noon for her other kid to be taken home after school. Since it was extremely hot out there, another guardian...

RMG workers' income rises

FE REPORT | 2022-05-20 00:00:00

Garment workers' income during the first three months of 2022 increased, mainly due to excessive workload and overtime, according to a latest survey.Though their real wage did not see a rise, the income increased as they worked more than 10...

Briefing 20-05-2022

2022-05-20 00:00:00

Stocks bleed for seven daysStocks extended the losing streak for seven days in a row until Thursday as the jittery investors continued to off-load their shares despite regulatory efforts to stop the market fall. Following the previous six days' major...

Prayer Timings (2022-05-20)

2022-05-20 00:00:00

Indonesia ban on palm oil exports goes Monday

2022-05-20 00:00:00

JAKARTA, May 19 (AFP): Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said Thursday, relieving pressure on the global vegetable oil market after prices spiked because of the suspension and the war in Ukraine.The...

Power, gas consumption to come under scanners

DOULOT AKTER MALA | 2022-05-20 00:00:00

Electricity and gas consumption of residents will be scrutinised to assess their actual payable taxes with an eye to finding tax evaders, tax officials say.The National Board of Revenue (NBR) has decided to exchange data with the power supply and...

Assess prices in three days: Cabinet

2022-05-20 00:00:00

The Cabinet on Thursday directed the authorities concerned to make within next three days a realistic assessment of the prices of the essentials and challenges ahead, reports UNB.The directive to finance and commerce ministries and Bangladesh Bank came at the...

BB bailout for banks amid dollar crunch

SIDDIQUE ISLAM | 2022-05-20 00:00:00

The central bank ramps up foreign-currency liquidity support to the scheduled banks trying to manage Bangladesh's volatile forex market amid a global financial crunch, officials say. As part of the move, the Bangladesh Bank (BB) has sold US$392 million direct...

No reserves crunch, loan ratio lowest in region

FE REPORT | 2022-05-20 00:00:00

No pressure is there on the country's foreign-exchange reserves as the loan-GDP ratio in Bangladesh is still lowest in the region, says Finance Minister AHM Mustafa Kamal. During pre-budget consultation with editors and journalists Thursday, he categorically said the annual...

Abdul Gaffar Chowdhury no more

2022-05-20 00:00:00

"Amar Bhaiyer Rokte Rangano"-famed eminent lyricist, journalist, political analyst, columnist and writer Abdul Gaffar Chowdhury passed away in London on Thursday. He was 88, reports UNB.He died of a cardiac arrest at a hospital in London at 6:49 am (London...

Pvt forex borrowers struggling

JASIM UDDIN HAROON | 2022-05-20 00:00:00

Private entrepreneurs who borrowed dollar from the international market on grounds of cheaper rates of interest are now struggling to service the debts as the greenback has abruptly become expensive.Such corporates had borrowed from overseas sources a total of US$23...

Mild heat wave likely today -

2022-05-20 00:00:00

Rain/thunder showers with intense lightning flashes and temporary gusty/squally wind is likely to occur at many places over Rangpur, Mymensingh and Sylhet divisions in the next 24-hour from 06:00 am today (Friday), according to the Met Office.It may also occur...

Four districts get new DCs

2022-05-20 00:00:00

The government has appointed new deputy commissioners to four districts- Chandpur, Netrakona, Sherpur and Jamalpur, reports UNB.The Ministry of Public Administration issued a gazette notification in this regard on Thursday, saying the order will take immediate effect.According to the notification,...

Four held for involvement with question paper leak

FE REPORT | 2022-05-20 00:00:00

The Rapid Action Battalion (RAB-2) arrested on Thursday four persons allegedly involved with question paper leak of public and private jobs appointment exams. The elite force arrested them following raids at different areas in the capital.They also recovered some devices...

World Metrology Day today -

2022-05-20 00:00:00

World Metrology Day, commemorating the anniversary of signature by representatives of 17 nations of the 'Metre Convention-1875', will be observed today (Friday) in Bangladesh like elsewhere across the world, reports BSS.The event was held in Paris on May 20 celebrating...

1,674 children die in road accidents across country in 28 months: RSF

2022-05-20 00:00:00

The number of road accidents refuses to come down, despite periodic enforcement drives by police, reports UNB.As many as 1,674 children were killed in road accidents in the past 28 months (until April 2022), according to the latest report by...

Traffic congestion intensifying in the city

2022-05-20 00:00:00

Traffic congestion intensifying in the city for the last few days resulting in immense suffering to the commuters amid a scorching heat. The photograph was taken from Banani road on Thursday — Focus Bangla

Air Vice Marshal M Sayed Hossain handing over 'Chief of Air Staff Trophy'

2022-05-20 00:00:00

Assistant Chief of Air Staff (Administration) Air Vice Marshal M Sayed Hossain handing over 'Chief of Air Staff Trophy' to Squadron Leader Atique Ahmed, GD (P), BAF for his best performance in No. 119 Junior Command and Staff Course on...

Climate change costs BD poor women up to 30pc of their outgoings

2022-05-20 00:00:00

Women heading poor, rural households in Bangladesh are spending up to 30 per cent of their total expenditure on measures to protect themselves from the impacts of climate change including flooding and storms, according to a new research.The study was...