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Economic revival to get priority: Kamal

FE REPORT | 2022-06-02 00:00:00

Finance Minister A H M Mustafa Kamal said on Wednesday the ongoing Russia-Ukraine war has created pressure on all, and the upcoming budget will focus on ways to come out from the economic uncertainties."The war is definitely causing pressure. Everyone...

Local producers may get tax benefits, VAT waivers

Doulot Akter Mala | 2022-06-02 00:00:00

The government is likely to consider providing tax benefits to local manufacturers of ICT products in the upcoming budget for fiscal year (FY) 2022-23, while imposing high taxes on import of finished goods, sources said.The imports of raw materials for...

AL always fulfils its election pledges: PM

2022-06-02 00:00:00

Prime Minister Sheikh Hasina on Wednesday expressed satisfaction that her ruling Awami League party has been able to fulfil its election pledges to the people, reports UNB. She said this in her introductory speech at the Awami League Advisory Council...

Briefing 02-06-2022

2022-06-02 00:00:00

Market sees investors' increased roleDhaka bourse closed the Wednesday's session with a moderate rise both in broad index and turnover value following investors' increased participation. On the day, most of the sectors saw marginal price appreciation despite the market witnessed...

Prayer Timings (2022-06-02)

2022-06-02 00:00:00

A goldsmith is busy working at his wooden desk

2022-06-02 00:00:00

A goldsmith is busy working at his wooden desk at a jewellery workshop in Old Dhaka's Tantibazar on Wednesday, while most of the desks are empty. These people carve out ornaments from mere blocks of gold for the fancy jewellery...

Minister sees biggies’ role

FE Report | 2022-06-02 00:00:00

Food Minister Sadhan Chandra Majumder on Wednesday held some big business groups and traders responsible for hoarding rice and hiking prices of the staple, warning them of tough actions for the sake of keeping the market stable."The government has evidence...

GDP growth may slow to 6.5pc

JASIM UDDIN HAROON | 2022-06-02 00:00:00

Bangladesh's real GDP growth may slow to 6.5 per cent in the next fiscal year (FY 2022-23), says a global rating agency that attributes the slowdown to a slew of headwinds. In the process of rebound from the pandemic shocks,...

Devious deals by banks trigger forex volatility

Siddique Islam | 2022-06-02 00:00:00

Devious deals by banks trigger current forex volatility in Bangladesh, a probe finds and the central bank begins quizzing them over the anomalies, officials say. The Bangladesh Bank is seeking clarification from the suspect banks particularly on conceal of information...

May inward remittances down by 6.24pc

FE REPORT | 2022-06-02 00:00:00

Volume of the country's inward remittances declined by around 6.24 per cent to US$1.88 billion in May of the current fiscal year over the previous month, official data revealed.Bangladeshis staying abroad sent home over $2.01 billion in April last, according...

Weather (2022-06-02)

2022-06-02 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at manyplaces over Dhaka, Mymensingh, Khulna, Barishal, Chattogram and Sylhet divisions; at a few places over Rangpur division and at one or two places over Rajshahi...

Appoint 2,500 teachers recommended by NTRCA: HC

FE REPORT | 2022-06-02 00:00:00

The High Court on Wednesday ordered the Non-Government Teachers' Registration and Certification Authority (NTRCA) to recommend appointment of 2,500 people, who passed all relevant exams, as teachers to different private educational institutions. The High Court bench of Justice Kashefa Hussain...

Two siblings get life for acid attack on cousins

2022-06-02 00:00:00

A Chattogram court has sentenced a woman and her brother to life in prison for attacking two cousins with acid, reports bdnews24.comChattogram Fifth Additional Metropolitan Sessions Judge Nargis Akhter delivered the verdict in the decade-old case on Wednesday.Both convicts Farzana...

‘Pvt varsities need to show more capacity to offer PhDs’

2022-06-02 00:00:00

Private universities will have to show greater capabilities and capacity before they get approval to offer PhD degrees, says Dr Muhammed Alamgir, a member of the University Grants Commission, reports bdnews24.com.Approval will not be granted suddenly and the UGC is...

Bashundhara Media Award 2021 recipients

2022-06-02 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud, among others, poses with Bashundhara Media Award 2021 recipients at International Convention City Bashundhara in the city on Monday

Mitali Express starts regular service

FE Report | 2022-06-02 00:00:00

The Mitali Express, the third cross-border passenger train between Bangladesh and India, started its regular weekly service from Indian side of New Jalpaiguri on Wednesday - more than a year after the train service was inaugurated.Railways Minister Nurul Islam Sujon...

Form separate authority to monitor quality of healthcare services: TIB

FE Report | 2022-06-02 00:00:00

Welcoming recent drives against unauthorised private health facilities, the Transparency International Bangladesh (TIB) on Wednesday suggested the government form a separate authority to monitor and ensure the quality of services at those health centres.However, the anti-graft watchdog believes that the...

Dipu Moni poses with children of the journalists

2022-06-02 00:00:00

Education Minister Dipu Moni poses with children of the journalists, who obtained GPA-5 in SSC and HSC examinations at a reception at Dhaka Reporters Unity in the city on Wednesday — FE photo

Biman to use own planes for Hajj flights

FE Report | 2022-06-02 00:00:00

Biman Bangladesh Airlines will use its own aircrafts - instead of taking lease - for operating Hajj flights, starting from Sunday, officials said.The national flag carrier will not increase its fare despite jet-fuel price hike, they added.They said these at...

HC stays trial against journo Kajol in 3 cases under DSA

2022-06-02 00:00:00

The High Court (HC) on Wednesday stayed for two months the trial proceedings of three cases filed against photojournalist Shafiqul Islam Kajol under the Digital Security Act, reports UNB .The HC bench of Justice ASM Abdul Mobin and Justice Md...

Zia spoils spirit of Liberation War: Hanif

2022-06-02 00:00:00

LAXIMPUR, June 01 (BSS): Awami League joint General Secretary Mahbubul Alam Hanif said Ziaur Rahman destroyed the spirit of Liberation War banning 'Joy Bangla' slogan and the Bangabandhu's historical 7th March speech as he came to power through the assassination...

SC terms Zubaida Rahman as fugitive

FE REPORT | 2022-06-02 00:00:00

In the full text of a verdict the Appellate Division of the Supreme Court has mentioned Dr Zubaida Rahman, wife of BNP's acting chairman Tarique Rahman, as a fugitive. The apex court also observed that the High Court division has...

BCL blockade halts classes, exams at CU

2022-06-02 00:00:00

CHATTOGRAM, June 1 (UNB): The activities of Chittagong University came to a halt on Wednesday as a faction of Bangladesh Chhatra League (BCL) enforced a blockade since the morning following fighting between its two factions.Witnesses said a group of BCL...

BNP, BBWP agree to wage oust-govt movement

2022-06-02 00:00:00

BNP and Bangladesher Biplobi Workers Party (BBWP) on Wednesday agreed to wage a simultaneous movement to force the Awami League government to quit power, reports UNB."We believe we can end misrule if we can initiate a movement. The main thing...

Sheikh Hasina speaking at a meeting of the Awami League Advisory Council -

2022-06-02 00:00:00

Awami League President and Prime Minister Sheikh Hasina speaking at a meeting of the Awami League Advisory Council held at her official residence Ganobhaban in the city on Wednesday — Focus Bangla

Quader asks BNP to return to welfare-oriented politics

2022-06-02 00:00:00

Awami League General Secretary Obaidul Quader on Wednesday called upon the BNP leaders to return to the path of welfare-based politics shunning undemocratic tactics, reports BSS."We urge the BNP leaders to quit undemocratic ways and return to the path of...

Indian private refiners profit from cheap Russian crude

2022-06-02 00:00:00

NEW DELHI, June 01 (Reuters): There's a split emerging in India's refining sector as private refiners tap cheap Russian crude and boost profits from exports just as domestically focused state refiners get squeezed by high oil costs and government-capped domestic...

Kremlin ‘can re-route oil exports’ amid EU ban

2022-06-02 00:00:00

The Kremlin warned on Wednesday that the European Union's sanctions on Russian oil would hit the global energy market, but said Moscow could re-route exports to limit its own losses, reports Reuters.EU leaders this week agreed an embargo on Russian...

Inflation in Lanka hits fresh record

2022-06-02 00:00:00

COLOMBO, June 1 (AFP): Cash-strapped Sri Lanka saw its highest inflation on record for the eighth consecutive month in May, official data showed Wednesday, as the island nation grapples with its worst-ever economic crisis.The Colombo Consumer Price Index (CCPI) rose...

HSBC to invest $448m in Chinese business

2022-06-02 00:00:00

HONG KONG, June 1 (Reuters): HSBC Holdings plans to invest more than 3 billion yuan ($448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy but also opportunities...