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US must ditch 'Trump method' in talks: Iran

2022-06-30 00:00:00

DOHA, June 29 (AFP): Iran warned the US to abandon the "Trump method" on Wednesday after the two sides opened indirect talks to revive a nuclear deal that was torpedoed by the former American president.But Iranian officials said they were...

Japan experiences worst heatwave

2022-06-30 00:00:00

TOKYO, June 29 (BBC): Japan is sweltering under the hottest day yet of its worst heatwave for almost 150 years.The blistering heat has drawn official warnings of a looming power shortage, and led to calls for people to conserve energy...

Serena unsure of Wimbledon future

2022-06-30 00:00:00

Serena Williams is unsure whether she will play at Wimbledon again, but says Tuesday's first-round exit has motivated her for future Grand Slams, reports BBC Sports.The 23-time major winner lost 7-5 1-6 7-6 (10-7) to Harmony Tan in a gripping...

FIFA sells 1.8m tickets for WC

2022-06-30 00:00:00

DOHA June 29 (Reuters): Organisers have sold 1.8 million tickets for this year's World Cup in Qatar, world soccer governing body FIFA said Wednesday ahead of the next round of ticket sales that opens on July 05.There is a special...

Lyon takes five as spin makes mark on 1st day

2022-06-30 00:00:00

GALLE, Sri Lanka, June 29 (AFP): Nathan Lyon's five-for helped Australia bowl out Sri Lanka for 212, before the hosts hit back with three wickets in a fast-moving opening Test on Wednesday.The tourists reached 98 for three at stumps after...

West Indies pick Motie for Tigers' ODI series

2022-06-30 00:00:00

ST. JOHN'S, Antigua and Barbuda, June 29 (Agencies): Left-arm spinner Gudakesh Motie was called up Tuesday by the West Indies for next month's one-day internationals against Bangladesh, while fast bowler Obed McCoy returns to the T20 squad after injury.The 27-year-old...

Making school bags less heavy for children

2022-06-30 00:00:00

Every school student has to carry backpacks from home to school and back home. Sometimes, these bags are so heavy that they can cause a number of problems for the children. According to experts, weight of the school bag should...

Why are students failing to respect teachers?

2022-06-30 00:00:00

Students are expected to show good social behaviour to establish healthy relationships with their teachers. However, many students are now unaware of the basic academic norms. I have witnessed many instances of students treating their teachers with disrespect, asking inappropriate...

Supplying flood shelters with sanitary napkins and other related facilities

2022-06-30 00:00:00

Millions of people are leading an inhuman life in flood-hit Sunamganj, Sylhet, Kurigram and many other areas. They are badly in need of food and pure drinking water. In this situation, one of the most important issues, however, is hardly...

The other side of the moon

Syed Badrul Ahsan | 2022-06-30 00:00:00

Development, especially in our times, is like the moon. While we see the luminous side of it, it is the dark side which remains beyond our vision. And on that dark side are laid out the many tales of sorrow...

SOEs -- liabilities for how long?

2022-06-30 00:00:00

Intriguing it may seem to learn that the state-owned enterprises' (SOEs) loan has hit an all time high at Tk 926.01 billion. A FE report the other day expressed fear that in the time of current inflationary pressure the loan...

Policy approach for green & inclusive business

Shah Md Ahsan Habib | 2022-06-30 00:00:00

Green resilient and inclusive development has become a prime driving force towards sustainable development worldwide. The economy of Bangladesh has been progressing rapidly, where business developments have been playing notable roles. However, the booming business sectors are causing a massive...

Sri Lanka electricity firm seeks 835pc price rise

2022-06-29 12:00:00

COLOMBO, June 28 (AFP): Sri Lanka's heavily loss-making state-run electricity monopoly asked for a shocking price rise of over 800 per cent for its poorest customers with the bankrupt nation out of fuel, regulators said Monday.The South Asian nation has...

India, EU resume free trade talks after nine-year gap

2022-06-29 12:00:00

NEW DELHI, June 28 (AFP): India and the European Union resumed talks Monday on a free-trade deal after a nine-year gap, as Western countries seek to wean New Delhi off its close economic ties to Russia.Dubbed the "tariff king" by...

Demand strong for US manufactured goods in May, data shows

2022-06-29 12:00:00

WASHINGTON, June 28 (AFP): Even as prices continue to rise, orders for US-made, big-ticket manufactured goods were surprisingly strong in May, helped by demand for autos and military aircraft, according to government data released Monday.Durable goods orders rose 0.7 per...

A long queue of Dhaka-bound vehicles

2022-06-29 12:00:00

A long queue of Dhaka-bound vehicles is seen on the Babu Bazar Bridge over the Buriganga River around Tuesday noon. Due to severe traffic jams, people faced trouble reaching the capital on the day — FE photo

BB asks multiple post-holders to quit by Dec

FE REPORT | 2022-06-29 12:00:00

The resignation timeline for multiple post-holding chairmen and board members of NBFIs and their subsidiaries has been extended up to December 2022.Bangladesh Bank on Tuesday issued a circular to this end. Earlier, the BB fixed the resignation deadline by 30...

Major rivers receding except Teesta, three more die

2022-06-29 12:00:00

Flood claimed three more lives in different parts of the country in 24 hours till Tuesday morning, raising the total fatalities to 87, reports UNB.One of them died in Rangpur division, one in Dhaka division and one in Sylhet division,...

Taka takes further tumble

Siddique Islam | 2022-06-29 12:00:00

A hot demand for the US dollar for higher import payments causes the Bangladesh Taka (BDT) to tumble further as the local currency Tuesday depreciated by 50 paisa against the greenback. The local currency lost its value by 50 paisa...

Construct elevated roads, bridges or culverts in flood-hit areas

FE REPORT | 2022-06-29 12:00:00

Prime Minister Sheikh Hasina forbids reconstructing the roads which were damaged or cut open to drain out floodwater in Sylhet region rather instructs constructing elevated roads, bridges or culverts in the same alignments.She issued the direction at Tuesday's Executive Committee...

Drop in vehicles after motorcycle restriction

2022-06-29 12:00:00

About 15,000 vehicles crossed the Padma Bridge on the second day, a steep drop from the first, largely due to a ban on motorcycles, report agencies."Seventy-five per cent of the vehicles that crossed on the first day were motorcycles. As...

Constitute commission to identify plotters: HC

FE REPORT | 2022-06-29 12:00:00

The High Court on Tuesday ordered the authorities concerned to form a commission to identify the real conspirators who made up the stories of corruption in order to hinder the Padma Bridge project.The authorities concerned have been asked to form...

BR may get back rail part by Jul 15 to resume work

Munima Sultana | 2022-06-29 12:00:00

The Padma Multipurpose Bridge (PMB) project authority has a plan to hand over the lower deck of the Padma Bridge to the Bangladesh Railway (BR) by July 15 next so that it could start installing rail tracks.The placement of the...

Briefing 29-06-2022

2022-06-29 00:00:00

BSEC okays Tk 1.0b Mutual Fund The securities regulator has approved the prospectus of a new closed-end mutual fund named --- 'ICB AMCL CMSF Golden Jubilee Mutual Fund' worth Tk 1.0 billion. The approval came on Tuesday at a meeting...

Prayer Timings (2022-06-29)

2022-06-29 00:00:00

Exploiting opportunities main hurdle, say experts

FE REPORT | 2022-06-29 00:00:00

Experts said although the Padma Bridge offers tremendous economic opportunities, the main challenge now is to exploit these opportunities.Addressing a discussion on the Padma Bridge - organised by the Ministry of Foreign Affairs on Tuesday, they also observed that the...

Japan to provide $1.22b in loans for two dev projects

FE REPORT | 2022-06-29 00:00:00

Japan will provide US$1.22 billion (JPY165,861 million) in loans for two development projects, including MRT-5 (northern route), as it signed a deal with Bangladesh on Tuesday.Under the 43rd Official Development Assistance (ODA) aid package, the Japan International Cooperation Agency (JICA)...

NBFIs’ borrowers exempted from default, if half of dues paid

FE REPORT | 2022-06-29 00:00:00

Loan repayment is relaxed until December next in the wake of a fresh spike in Covid-19 infections and floods, granting exemption from default, if half-payment is made. Bangladesh Bank (BB) Tuesday issued the instructions on loan-repayment. In its circular the...

Tk 300b deficit likely in FY 22

Doulot Akter Mala | 2022-06-29 00:00:00

The tax revenue collection may face a shortfall worth nearly Tk 300 billion in the current fiscal year (FY), 2021-22, although the revenue board has achieved an average 15 per cent monthly growth in collection.The amount of shortfall is equivalent...

Digital database of workers to cover 10,000 entities initially

Monira Munni | 2022-06-29 00:00:00

The government will create a digital database of workers from both formal and informal sectors, officials said.Under the move, workers' information of about 10,000 entities would be incorporated into the database, while labour identification (LID) number would be provided to...