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No sign of immediate Rohingya return: USAID

FE Report | 2022-05-12 00:00:00

USAID Deputy Administrator Isobel Coleman said on Wednesday there is no sign of repatriation of Rohingyas in near future despite their eagerness to go back to their homeland Myanmar."Unless a safe environment is in place for a dignified, voluntary and...

Indictment hearing in two cases against Khaleda May 26

2022-05-12 00:00:00

A court in the city on Wednewday set May 26 for holding hearing on charge framing in two cases-- observing fake birthday on National Mourning Day and stigmatizing the War of Liberation-- lodged against BNP Chairperson Begum Khaleda Zia.Wednesday was...

AL wants EVM to rig votes: BNP

2022-05-12 00:00:00

BNP senior leader Iqbal Hasan Mahmud Tuku on Wednesday alleged that the ruling Awami League wants the Electronic Voting Machines (EVMs) to be used in all 300 seats in the next national election as part of its fresh plot to...

Expelled JL leader Samrat released on bail

FE REPORT | 2022-05-12 00:00:00

Expelled Jubo League leader Ismail Hossain Chowdhury Samrat has been released from jail after he got bail in a corruption case filed against him by the Anti-Corruption Commission (ACC). He was released around 4:30pm on Wednesday from prison cell of...

Amnesty, RSF, TIB lost credibility

2022-05-12 00:00:00

Information and Broadcasting Minister Hasan Mahmud on Wednesday came down heavily on the organisations like Amnesty International, RSF and TIB for what he said their biased reporting on human rights, press freedom and corruption in Bangladesh, reports UNB."These organisations have...

Failed BNP leaders should resign, says Quader

2022-05-12 00:00:00

Awami League General Secretary Obaidul Quader on Wednesday said the failed BNP leaders, including its secretary general Mirza Fakhrul Islam Alamgir, should resign from their party, reports UNB.He made the remark while speaking at a press conference after joining the...

Two promoted as DMDs of NCC Bank

2022-05-12 00:00:00

Mohd. Rafat Ullah Khan and Md. Zakir Anam have recently been promoted to the post of Deputy Managing Director (DMD) of NCC Bank Ltd. Prior to this promotion, Mohd. Rafat Ullah Khan was discharging his duties of Head of Credit...

Promoted as GM of ICB

2022-05-12 00:00:00

Mr. Mohammad Zaker Hossain was recently promoted to the post of GM of the Investment Corporation of Bangladesh (ICB). Prior to his promotion, he was Deputy General Manager of ICB. During his past service tenure he worked for the Capital...

MARICO Bangladesh launches Parachute SkinPure

2022-05-12 00:00:00

MARICO Bangladesh launched Parachute SkinPure Face Wash for the very first time in Bangladesh. This Brightening Facewash comes in 3 variants: Parachute SkinPure Ggoat Milk Brightening Facewash, Parachute SkinPure Aloe Vera Brightening Facewash, Parachute SkinPure Orange Brightening Face Wash. Parachute...

'US-Bangladesh Business Forum: Building on 50 years' of friendship'

2022-05-12 00:00:00

(Standing from left): Kevin Green, Head of Commercial Banking, HSBC Bangladesh, Ramon Wangdi, Vice President- Asia Pacific, Excelerate Energy, Mahesh Palashikar, President - GE South Asia, Peter Haas, US Ambassador to Bangladesh, Md Mahbub Ur Rahman, CEO HSBC Bangladesh and...

MTB condoles death of Sharif Uddin Ahmed

2022-05-12 00:00:00

Mutual Trust Bank Ltd (MTB) has condoled the demise of Brigadier General (Retd) Sharif Uddin Ahmed Psc. Hailed from Feni, he was a Cadet of the 6th batch of Foujdarhhat Cadet College. After completing his HSC, he joined Pakistan Military...

eGeneration signs Cloud Solution deal with Intelligent Machines

2022-05-12 00:00:00

eGeneration, a leading system integration and software solutions company in Bangladesh, has recently signed an agreement with Intelligent Machines Ltd to provide Microsoft Azure solutions which includes productivity and collaboration tools, smart analytics solutions, task management software under a secure...

Aman Feed signs deal with Star Feed Mills

FE REPORT | 2022-05-12 00:00:00

Aman Feed, a listed animal feed producer, has decided to make an agreement with Star Feed Mills for all works related to feed production."Under the agreement all works related to feed production including supply of raw materials will be done...

Stocks plunge on panic sale

FE REPORT | 2022-05-12 00:00:00

Stocks fell sharply on Wednesday as the jittery investors went for panic-driven sell-offs amid concerns over the country's macroeconomic situation. The market opened lower and the downturn continued until the end of the session with no sign of reversal, eventually...

YSSE unveils 'Speak to Inspire 3.0'

FE Education Desk | 2022-05-12 00:00:00

Youth School for Social Entrepreneurs (YSSE) is a Dhaka-based non-profit organisation which assists the young generation to grow inner abilities, and tries to make them aware of social issues. YSSE believes that the upcoming young generation of this country will...

Books vs smartphones Who is our best friend?

Partha Modak | 2022-05-12 00:00:00

Legendary American comedian once said, "Outside of a dog, a book is man's best friend." This has been considered an adage for ages. However, it seems like the emergence of the wonderous technological inventions in the 21st century did create...

Youngster making his mark in showbiz

Shadique Mahbub Islam | 2022-05-12 00:00:00

"Modhu hoi hoi bish khawaila" - the song that took the internet by storm in 2016 and catapulted a poor local massage kid Jahid Hosen into instant stardom, can be called the exact moment that morphed all social strata into...

Gold gains as dollar dips -

2022-05-12 00:00:00

Gold rose on Wednesday supported by a pullback in the dollar and US Treasury yields, while investors prepared for US inflation data that could determine how aggressively the Federal Reserve will hike interest rates, reports Reuters.Spot gold rose 0.7 per...

Boundless joy of Eid at Fantasy Kingdom

2022-05-12 00:00:00

A huge crowd of visitors thronged the Fantasy Kingdom, an entertainment centre near Dhaka, from the first day to the fifth day of Eid-ul-Fitr this year after a long pause of two years, says a press release. From the morning...

Oil rises as Russia gas flow to Europe falls

2022-05-12 00:00:00

LONDON, May 11 (Reuters): Oil rose on Wednesday after plunging nearly 10 per cent in the last two sessions, buoyed by supply concerns as flows of Russian gas to Europe fell and the European Union worked on gaining support for...

Decisive week for Finland, Sweden as NATO decisions loom

2022-05-12 00:00:00

STOCKHOLM, May 11 (AFP): Finland and Sweden are expected to announce this week whether to apply to join NATO following Russia's Ukraine invasion, in what would be a stunning reversal of decades-long non-alignment policies.The Nordic nations have been rattled by...

Copper gains as China's Covid cases ease

2022-05-12 00:00:00

LONDON, May 11 (Reuters): Copper prices gained on Wednesday as slowing Covid-19 infections in top metals consumer China eased near-term demand concerns, although enduring lockdowns limited enthusiasm.Shanghai said half the city had achieved "zero-Covid" status, but uncompromising restrictions had to...

Sugar market heading to large surplus

2022-05-12 00:00:00

NEW YORK, May 11 (Reuters): The global sugar market will see a relatively large surplus of 4.1 million tonnes in the new season starting in October as a 5 per cent output growth in Asia will more than compensate a...

India exports record 1.4m tonnes of wheat in Apr

2022-05-12 00:00:00

India exported a record 1.4 million tonnes of wheat in April, four trade sources said, providing some relief to grain markets as buyers scramble for alternatives to Black Sea supplies hit hard by the war in Ukraine, reports Reuters.April is...

Gasoline, diesel prices hit record highs in US

2022-05-12 00:00:00

LOS ANGELES, May 11 (Xinhua): The national average prices for regular gasoline and diesel in the United States both climbed to fresh record highs on Tuesday.According to the Ameri-can Automobile Associa-tion (AAA), which provides the latest gas price analysis based...

China's consumer prices reach six-month high

2022-05-12 00:00:00

BEIJING, May 11 (CNBC): China's consumer and producer prices rose more than expected in April, according to data from the National Bureau of Statistics released Wednesday.The consumer price index rose by 2.1 per cent last month from a year ago,...

Premier Bank signed agreement with HAAB

2022-05-12 00:00:00

The Premier Bank Ltd recently signed an agreement with Hajj Agencies Association of Bangladesh (HAAB) wherein the association members will open their CD/SND accounts with the bank for depositing Hajj-related fees and expenses. The bank's Managing Director and CEO M...

BUP organised a seminar on 'Taxation in Bangladesh: Past, Present and Future'

2022-05-12 00:00:00

The Department of Public Administration at the Bangladesh University of Professionals (BUP) organised a seminar on 'Taxation in Bangladesh: Past, Present and Future' at the university's Bijoy Auditorium on Wednesday. Planning Minister M A Mannan was present as the chief...

Thrust on proper waste management policy

FE REPORT | 2022-05-12 00:00:00

There is an urgent need to follow a proper waste management policy for recycling waste plastics to protect the environment from pollution, said speakers at a workshop on Wednesday.United Nations Industrial Development Organization (UNIDO) and Bangladesh Plastics Goods Manufacturers and...

Study on virtual marketplace for RMG sector soon

FE Report | 2022-05-12 00:00:00

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) teamed up with LightCastle Partners for conducting a feasibility study - "Establishing a Virtual Marketplace Platform for the RMG sector".In this connection, the BGMEA and LightCastle signed an agreement at the trade-body's Gulshan...