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Understanding Zakat

2022-05-19 00:00:00

Islam highly encourages Zakat. It is a mandatory charity for solvent Muslims. According to Islamic law, you have to give 2.5 per cent of your excess property or wealth.as Zaka. It is necessary for the stability of economy that all...

Arranging free blood pressure drug for the poor

2022-05-19 00:00:00

Hypertension or high blood pressure is one of the major health conditions that contributes to the rising number of premature deaths in Bangladesh. According to the Bangladesh Demographic and Health Survey, the incidence of high blood pressure among people aged...

Why journalists are unionised workers

Jehangir Hussain | 2022-05-19 00:00:00

Journalists are and were always unionised workers worldwide.It's totally incorrect to say that this or that political party in Bangladesh made journalists workers.No political party in Bangladesh can be credited or discredited for making journalists workers. Such allegations are made...

Tea growers in the north deserve better

2022-05-19 00:00:00

The fast-growing tea belt in the country's north has been witnessing growers' protests over drastic reduction in prices of raw leaves by the tea factories there. The Panchagarh District Tea Garden Owners Association and the Panchagarh District Tea Growers' Rights...

Stimulating private sector engagement in climate change adaptation

Mohammad Abu Yusuf | 2022-05-19 00:00:00

Climate change poses a fundamental threat to places, species and people's livelihoods. The impacts of human-induced climate change have already become a reality and it is occurring on a global scale. It is disrupting national economies and affecting lives. Increased...

Gold gains as dollar backs off highs

2022-05-18 12:00:00

LONDON, May 17 (Reuters): Gold rose on Tuesday as a retreat in the dollar helped bullion recover slightly from the last session's 3-1/2 month lows, but sentiment remained negative as further US interest rate hikes loom.Spot gold rose 0.5 per...

Farmers demand end to palm oil export ban

2022-05-18 12:00:00

JAKARTA, May 17 (Reuters): Hundreds of Indonesian smallholder farmers on Tuesday staged a protest in the capital Jakarta and in other parts of the world's fourth most populous country, demanding the government end a palm oil export ban that has...

Oil rises on EU's push for Russian oil ban

2022-05-18 12:00:00

LONDON, May 17 (Reuters): Oil hit its highest in seven weeks on Tuesday, supported by the European Union's ongoing push for a ban on Russian oil imports that would tighten supply and as investors focused on higher demand from an...

Parked illegally

2022-05-18 00:00:00

Though there is a no-parking sign being displayed prominently, many cars are parked illegally encroaching upon a significant part of the road in front of Notre Dame College in Dhaka on Tuesday — FE photo

Lanka's president escapes censure motion

2022-05-18 00:00:00

COLOMBO, May 17 (AFP): Sri Lanka's beleaguered president side-stepped a censure motion on Tuesday after his fractured coalition rallied to delay a resolution blaming him for the country's worst economic crisis.Gotabaya Rajapaksa's shaky coalition voted against taking up the unprecedented...

ICB moves to arrest stock market fall

FE REPORT | 2022-05-18 00:00:00

The Investment Corporation of Bangladesh (ICB) comes up with a set of measures to avert the downward trend of the stock market.It seeks to discourage offloading shares by small investors, its subsidiary companies and other stakeholders. The state-run corporation on...

Cases, positivity rate decline

FE REPORT | 2022-05-18 00:00:00

Both the daily Covid-19 cases and the virus test positivity rate declined slightly in Bangladesh on Tuesday. The Directorate General of Health Services (DGHS) reported 32 Covid-19 cases and its infection rate at 0.75 per cent on the day.The figures...

BB asks ADs for import shipment tracking

FE REPORT | 2022-05-18 00:00:00

The central bank asks the authorised dealers (ADs) to track import shipments through vessel/container tracking as it smells a rat about trade-based money laundering of billions of dollars.Currently, banks are tracking vessels through software, especially in case of having a...

Dev projects' audit may unearth unproductivity

FE REPORT | 2022-05-18 00:00:00

Transportation and safety expert Dr Mohammad Shamsul Hoque at a national conference on Tuesday demanded proper audit of the development, claimed so far through implementing various projects in line with achieving the sustainable development goals (SDGs), saying many examples of...

NBR extends submission deadline until June 15

FE Report | 2022-05-18 00:00:00

The National Board of Revenue (NBR) has extended the time for submission of corporate tax returns for the assessment year 2021-22 until June 15 due to poor response so far.Until May 12 last, only around 24,000 returns were submitted out...

Pvt companies may invest in power transmission, distribution

FE REPORT | 2022-05-18 00:00:00

Private firms will be allowed to invest in power transmission and distribution lines as the government constitutes a policy to encourage private-sector investment for smooth operation of the power grid.The national power grid can be used by the private sector...

Flour prices further go up

YASIR WARDAD | 2022-05-18 00:00:00

Pricey wheat flour has become pricier further in the market as importers and traders have reviewed prices of the staple just in three days on excuse of export ban by India, said market observers. Finer flour (maida) packet hit maximum...

Spend cautiously to avert fund crisis: PM

FE REPORT | 2022-05-18 00:00:00

Prime Minister Sheikh Hasina stresses belt-tightening to navigate global financial crisis as she asks for taking projects and spend public money cautiously in the current crunch time.She notes that had Awami League not been in power now, there would have...

Briefing 18-05-2022

2022-05-18 00:00:00

Stocks keep bleeding Stocks continued bleeding for the fifth straight session on Tuesday as cautious investors kept their sell-off to avoid further erosion of their portfolios amid growing economic worries. Following the previous day's steep fall, the market opened on...

Prayer Timings (2022-05-18)

2022-05-18 00:00:00

'Ami Probashi' revolutionising migration process

2022-05-18 00:00:00

Digital BMET databank registration allows users to complete government processes from the comfort of their homes and increases aspiring migrant databank entry by 350%. The service was launched at zero cost of the Government of Bangladesh.'Ami Probashi' is a mobile...

'Delhi to give highest aid to return PK'

FE Report | 2022-05-18 00:00:00

Bank swindler Prashanta Kumar Halder would be sent to Bangladesh after completion of the necessary legal process, both Foreign Secretary Masud Bin Momen and Indian High Commissioner Vikram Doraiswami said on Tuesday.PK Halder, the former managing director of NRB Global...

Projects squeeze features Tk 2.46t new ADP

FE REPORT | 2022-05-18 00:00:00

Bangladesh highlights depth in next annual development programme as the government Tuesday approved a higher outlay of Tk 2.46 trillion for the new ADP with fewer projects than current ones. The number of development projects has been cut down to...

Dollar price jumps over Tk100 mark

Siddique Islam | 2022-05-18 00:00:00

US dollar price now jumps over Tk 100 mark for the first time in Bangladesh, prompting the central bank to begin a probe into the unusual exchange-rate hike. A brigade of 12 inspection teams of Bangladesh Bank started on-site inspections...

Padma Bridge tolls fixed

FE REPORT | 2022-05-18 00:00:00

The Bridges Division on Tuesday through a gazette notification announced tolls for the country's largest bridge, Padma Bridge.It said the toll will be applicable for all kinds of transports from the day of inauguration of the bridge, expected end of...

Clinch fresh deals or cross uphill duty wall

Monira Munni | 2022-05-18 00:00:00

Bangladesh exports to the vast European market may face an uphill duty wall of 12 per cent after the country's LDC graduation and grace time if a fresh deal is missed.Over such an envisaged grim prospect economists prod government negotiators...

Weather (2022-05-18)

2022-05-18 00:00:00

Rain or thunder showers with intense lightning flashes and temporary gusty or 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 (Wednesday), according to the Met...

Dhaka's air back to 'unhealthy' zone

2022-05-18 00:00:00

After a marked improvement in the past week, Dhaka's air quality slipped back to the 'unhealthy' zone on Tuesday, reports UNB.With an air quality index (AQI) score of 156 at 12.30pm on Tuesday, the metropolis ranked third in the list...

Access to justice is one of govt's goals: Anisul

2022-05-18 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Huq on Tuesday said one of the goals of the present government led by Prime Minister Sheikh Hasina is to ensure people's access to justice, reports BSS."It is also one of the targets...

Bangladesh seeks collective efforts in crime prevention

2022-05-18 00:00:00

Bangladesh Ambassador to Austria Muhammad A. Muhith has called for collective efforts in crime prevention and criminal justice, within the context of social and economic development for a sustainable future, reports UNB.Ambassador Muhith, who is also the Permanent Representative of...