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Veg, lentils pricier on flood surge

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...

Briefing 02-07-2022

2022-07-02 00:00:00

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...

Prayer Timings (2022-07-02)

2022-07-02 00:00:00

A king's ransom for consultants!

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...

Marine Protected Area declared in Bay

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....

Spl tribunal on the cards to settle cases

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...

Fragrant rice export banned

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,...

Toll plaza in Dhaleswari bridge

2022-07-02 00:00:00

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...

BD accession to pay dividend

SYFUL ISLAM and REZAUL KARIM | 2022-07-02 00:00:00

Bangladesh's export may grow by 17 per cent and gross domestic product (GDP) 0.26 per cent if a free-trade agreement (FTA) is signed with member-states of the emerging Regional Comprehensive Economic Partnership (RCEP) bloc.The RCEP deal, which came into force...

Weather (2022-07-02)

2022-07-02 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, Sylhet and Rangpur divisions in the next 24-hour from 06:00 am today (Saturday), according to the Met Office.It may...

AUW offers scholarship to Afghan female students

Our Correspondent | 2022-07-02 00:00:00

CHATTOGRAM, July 01: Asian University for Women (AUW), based in Chattogram, has offered hundreds of new scholarships to Afghan female students who are eligible and qualified for admission to its undergraduate or graduate programmes. During his four-day visit to Kabul,...

Daylong chaos as expressway tolling slows traffic

2022-07-02 00:00:00

Travellers have waited for hours in vehicles stuck in a tailback on Bangabandhu Expressway at Faridpur's Bhanga after the start of tolling, reports bdnews24.com.The government opened four out of 10 counters at the toll plaza -- three for vehicles from...

DU marks 102nd anniversary

DU Correspondent | 2022-07-02 00:00:00

Dhaka University (DU) observed its 102nd birth anniversary on Friday with great enthusiasm and festivity.This year, the main theme is 'Research and invention: industry-academia collaboration'.To mark the day, the national flag and the university flag were hoisted in the university's...

'Int’l Rotary will provide more support to BD'

2022-07-02 00:00:00

The installation of Rotary International Bangladesh District-3281 was held at Bangabandhu International Conference Center in the city on Friday afternoon.The event presided over by Rotarian Shereen Bon was addressed by Holger Knaack, former International President of Rotary, Engr. MA Wahab,...

Floods damage 45,000 houses in Sunamganj

2022-07-02 00:00:00

The devastating floods in northeastern Bangladesh have caused damage to at least 45,286 houses in Sunamganj, reports bdnews24.com.The figure does not account for a massive number of houses and it will take another month to come up with a more...

Haji Salim granted parole to attend brother's funeral

2022-07-02 00:00:00

Awami League leader Haji Mohammad Salim, who is currently serving a 10-year jail sentence in a graft case, has been granted parole to join the funeral rites for his elder brother Haji Kayes, reports bdnews24.com.The Ministry of Home Affairs granted...

Senior leaders of ruling party Awami League placing a wreath

2022-07-02 00:00:00

Senior leaders of ruling party Awami League placing a wreath at the coffin of Awami Swechchhasebok League president Nirmal Ranjan Guha at the Central Shaheed Minar in the city on Friday — Focus Bangla

BD is a country of communal harmony, says Hasan

2022-07-02 00:00:00

CHATTOGRAM, July 01 (BSS): Information and Broadcasting Minister Dr Hasan Mahmud said on Friday Bangladesh is a country of communal harmony as people of different faiths have been living on this soil in peace from time immemorial. "Members of Hindu,...

Govt's negligence leads to rise in Covid case surge: BNP

2022-07-02 00:00:00

BNP senior leader Khandaker Mosharraf Hossain alleged on Friday the country has been witnessing a fresh surge in Covid cases because of the government's negligence to take proper preventive measures, reports UNB."Coronavirus has been spreading in the country for the...

Foreign envoys commemorate victims

2022-07-02 00:00:00

Foreign envoys stationed in Dhaka on Friday paid homage to 22 people who lost their lives during the Holey Artisan Bakery attack on July 1, 2016, reports UNB.To mark the sixth anniversary of the attack, Japan's Ambassador in Bangladesh Ito...

Gold set for weekly dip as India import duty hike adds to headwinds

2022-07-02 00:00:00

Gold fell below $1,800 on Friday en route to a third straight weekly dip as a stronger dollar and prospects of higher interest rates eroded its safe-haven appeal, with an import tax hike by India also seen dampening demand for...

Indian shares trim losses -

2022-07-02 00:00:00

BENGALURU, July 1 (Reuters): Gains in consumer goods and financial stocks helped India's blue-chip share indexes recover sharply on Friday, after government export duties on oil products triggered a plunge in energy majors Reliance Industries and ONGC.The NSE Nifty 50...

News Briefs (2022-07-02)

2022-07-02 00:00:00

Disbursement of dividend MBL1STMF: The asset manager of MBL 1st Mutual Fund has informed that it has disbursed cash dividend for the year ended March 31, 2022 to the respective shareholders' bank accounts through BEFTN on June 21, 2022. Manual...

S&P 500 ends first half of '22 with largest percentage loss since 1970

2022-07-02 00:00:00

NEW YORK, July 1 (Reuters): Steep losses in stocks and bonds, dizzying market swings and a Federal Reserve intent on curbing the worst inflation in more than forty years have been among the hallmarks of US markets in the first...

Beximco leads most-traded stocks in H1

FE REPORT | 2022-07-02 00:00:00

Beximco, the flagship company of the Beximco Group, led the most-traded stocks in the first half (H1) of the calendar year 2022 while the top ten most-traded stocks grabbed one-fourth transactions of the Dhaka bourse during the period.In the first...

Stocks snap two-week losing streak -

BABUL BARMAN | 2022-07-02 00:00:00

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.Of the five trading days this week, the first session saw...

Japanese asked to save power as east sizzles

2022-07-02 00:00:00

The highest temperatures in at least 147 years have scorched much of eastern Japan for a week as of Friday, with the government asking citizens to cut power use as much as possible, while still running air conditioners to stay...

Putin denies Russia's role in looming global food crisis

2022-07-02 00:00:00

MOSCOW, July 1 (AFP) : President Vladimir Putin denied Thursday that Russia bore any responsibility for a looming global food crisis due to the conflict in Ukraine.Ukraine, a major exporter of grain, especially corn and wheat, has seen its production...

KGDCL and Karnaphuli Fertiliser Company signed revised agreement

2022-07-02 00:00:00

Karnaphuli Gas Distribution Company Ltd. (KGDCL) and Karnaphuli Fertiliser Company Ltd. signed a revised agreement under a new price formula at the gas distribution company's liaison office recently. KGDCL Managing Director M A Majed and other high officials of both...

Martin Raiser appointed WB Vice President for South Asia

FE REPORT | 2022-07-02 00:00:00

The World Bank (WB) has appointed Martin Raiser, an economist and development expert with almost two decades of experience at the World Bank Group, as its new Vice President for the South Asia Region, with effective from July 1, 2022.As...