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IMF 'very concerned' about Lanka's economic crisis

2022-04-11 00:00:00

COLOMBO, April 10 (Agencies): The Internation-al Monetary Fund (IMF) said on Saturday it was "very concerned" about Sri Lanka's ongoing economic crisis and that it had started technical-level engagement with finance ministry and central bank officials for a loan programme."We...

A group of transgender people gather around a rickshaw to ask for money from its passenger at a traffic signal in Shantinagar area

2022-04-11 00:00:00

A group of transgender people gather around a rickshaw to ask for money from its passenger at a traffic signal in Shantinagar area of Dhaka city on Sunday. They say they are forced to beg for a living due to...

US warns India on Russian energy

2022-04-11 00:00:00

President Joe Biden will virtually meet with Indian Prime Minister Narendra Modi on Monday, the White House said, at a time when the United States has made clear it does not want to see an uptick in Russian energy imports...

Steelmakers urge immediate ingredient tax waivers

FE REPORT | 2022-04-11 00:00:00

Steelmakers urge the government to waive all duties and taxes on raw materials forthwith, without waiting until new budget, to save the industry and construction works from a feared nosedive. They send the SOS message as volatility in global-market prices...

BB issues new CSR reporting format for banks, NBFIs

FE REPORT | 2022-04-11 00:00:00

The central bank has issued a revised Corporate Social Responsibility (CSR) reporting format for all the scheduled banks and non-banking financial institutions (NBFIs) to enhance their responsibilities for socioeconomic development. Different issues including involvement of external implementing agency/third party/foundation for...

BD records zero Covid death, 42 cases in 24 hrs

FE REPORT | 2022-04-11 00:00:00

Forty -two Covid-19 cases and zero death were reported in Bangladesh on Sunday.The numbers of cases and death were 28 and zero respectively on Saturday, according to the Directorate General of Health Services (DGHS).With the latest daily counts, the total...

Clarify definition, set up commission

FE REPORT | 2022-04-11 00:00:00

Speakers at a programme on Sunday urged the government to clarify the definition of 'discrimination' in the proposed Anti-Discrimination Act 2022 for its better implementation.They also favoured establishing a separate commission to observe the activities, carried out under the act,...

Briefing 11-04-2022

2022-04-11 00:00:00

Dhaka stocks snap losing streakStocks ended marginally higher on Sunday, snapping a four-day losing streak, as bargain hunters showed their buying interest in the sector-wise issues at lucrative prices. The market witnessed see-saw movement several times before closing higher amid...

BSEC finds RSRM Steel Mills' factory closed

FE REPORT | 2022-04-11 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) in a recent inspection found the factory of Ratanpur Steel Re-Rolling Mills Ltd (RSRM) closed."An enquiry team, formed by the BSEC, visited the factory of Ratanpur Steel Re-Rolling Mills, in which operations of...

Race to shape fund admin

FE REPORT | 2022-04-11 00:00:00

Government's Finance Division races for shaping National Pension Authority under top-level push and eliciting public opinion in this regard ends tomorrow (Tuesday)."Prime Minister Sheikh Hasina has instructed the division under the finance ministry to have the law enacted on an...

Floods now creeping into northern dists

YASIR WARDAD | 2022-04-11 00:00:00

\Apart from the Haor, floodwater has also been creeping into the northern region as fresh areas with standing rice, onion and garlic were submerged in Lalmonirhat and Sirajganj districts in the last 24 hours, officials said.Heavy rain in the Indian...

Wholesalers at the Enexco Tower of Bangabazar in the city pass an idle time on Sunday in the absence of buyers. Usually the

2022-04-11 00:00:00

Wholesalers at the Enexco Tower of Bangabazar in the city pass an idle time on Sunday in the absence of buyers. Usually the market remains abuzz with retailers ahead of every Eid, but the number of buyers is still insignificant...

Shehbaz Sharif set to become next Pak PM

2022-04-11 00:00:00

ISLAMABAD, April 10 (AFP): Imran Khan was dismissed Sunday as Pakistan's prime minister after losing a no-confidence vote, paving the way for an unlikely opposition alliance that faces the same issues that bedevilled the cricket star-turned-politician.A new premier will be...

Agent banking booms but lending remains paltry

FE REPORT | 2022-04-11 00:00:00

Lending portfolio of fast-growing agent banking remained much lower than deposits, according to a latest report, as the bankers seem tight-fisted in disbursing loans.The report on state of agent banking, prepared for the October-December 2021 period and released Sunday by...

CSE to ink deal with Indian MCX tomorrow

Mohammad Mufazzal | 2022-04-11 00:00:00

The move to introduce a commodity exchange advances further, as the authorities concerned are set to formulate the rules and regulations along with identifying products for the exchange.As part of the move, the Chittagong Stock Exchange (CSE) will sign a...

Dry weather likely today ---------------

2022-04-11 00:00:00

Rain/thunder shower accompanied by temporary gusty/squally wind is likely to occur at many places over Mymensingh and Sylhet divisions; at a few places over Rangpur and Dhaka divisions until 6:00pm today (Monday), according to Met office. Weather may remain mainly...

HC orders to give internet connection to Canadian citizen

2022-04-11 00:00:00

FE REPORTThe High Court on Sunday directed the parents of a Bangladeshi-descent Canadian citizen to give internet connection to her laptop and give her opportunity to use mobile phone. The High Court bench of Justice Farah Mahbub and Justice S...

US envoy discusses DSA with law minister

2022-04-11 00:00:00

Bangladesh and the United States have discussed updating the Digital Security Act (DSA) so that it prevents cybercrime without curtailing the freedom of speech or independence of the press, reports UNB.US Ambassador to Bangladesh Peter Haas met Law Minister Anisul...

Family demands immediate execution of verdict

2022-04-11 00:00:00

FENI, Apr 10 (UNB): Although three year have elapsed since the gruesome murder of Feni madrasa student Nusrat Jahan Rafi, her family is still waiting to see the execution of the judgment.Nusrat, a student of Sonagazi Islamia Madrasah, was set...

Govt working to develop cyber solutions Says Palak

2022-04-11 00:00:00

State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak said on Sunday the government is working sincerely in flourishing cyber tools and solutions in the country, reports BSS."Bangladesh does not want to be a recipient country in developing...

Minister for stern action against harassment in birth registration

2022-04-11 00:00:00

Stern action will be taken against those who harass people while issuing birth certificates, said Local Government and Rural Development (LGRD) Minister Md Tajul Islam on Sunday, reports UNB."There are many flaws in the way people get birth registration after...

NID mandatory for buying launch tickets during Eid

FE REPORT | 2022-04-11 00:00:00

The government decided on Sunday that National Identity (NID) cards as mandatory for purchasing launch tickets during the upcoming Eid-ul-Fitr for ensuring a safe and hassle-free journey for the passengers.State Minister for Shipping Khalid Mahmud Chowdhury came up with the...

Hriday Chandra walks out of jail on bail

2022-04-11 00:00:00

Hriday Chandra Mondal, a schoolteacher who was arrested for discussing the distinction between science and religion in a classroom in Munshiganj, has been freed on bail, reports bdnews24.com.The District and Sessions Judge Court accepted his bail plea, a third attempt...

PM urges police force to work for people's welfare

2022-04-11 00:00:00

Prime Minister (PM) Sheikh Hasina said on Sunday her government wants to build a well-trained and educated police force which will work for the welfare of the people, reports UNB."Our aim is to build a 'police force of the people'...

KPMG sees Saudi jobless rate falling

2022-04-11 00:00:00

RIYADH, Apr 10 (Arab News): Saudi Arabia will see a drop in the jobless rate this year and next as its gross domestic product is expected to rise, a recent outlook report by KPMG showed.Saudi Arabian GDP is expected to...

Widen tax net, experts suggest at BMCCI discussion

2022-04-11 00:00:00

Speakers at a pre-budget discussion underscored the need for gearing up the activities of revenue administration to widen the tax net, reports BSS.They made the observation at the discussion on the pre-budget titled "National Budget 2022-2023" organised by the Bangladesh-Malaysia...

UNDP, BIDA team up to propel economic growth

2022-04-11 00:00:00

The United Nations Development Programme (UNDP) and Bangladesh Investment Development Authority (BIDA) signed a memorandum of understanding (MoU) for the 'Future Nation' programme to create economic opportunities for all, reports BSS.'Future Nation' is a new coalition of the government, private...

Huawei campus recruitment event at IUT

2022-04-11 00:00:00

Huawei Bangladesh organised a campus recruitment event at the Islamic University of Technology (IUT) recently.Some top participants will get an opportunity to work with this leading global ICT infrastructure and solutions provider.This recruitment event was organised for the students of...

Two PGD courses of DCCI Business Institute begin

FE REPORT | 2022-04-11 00:00:00

Two online postgraduate diploma (PGD) courses of the DCCI Business Institute (DBI) began for the new batches on Friday. The six-month-long courses are 'Customs, VAT and Income Tax Management' (6th batch) and 'International Trade (Export and Import) Management' (7th batch)....

Walton sales hit record high in Mar

2022-04-11 00:00:00

Walton Hi-Tech Industries PLC has achieved a new milestone in the sales of its elevators, fans, LED lights, switch-sockets and other electrical appliance, says a press release.The demand and sales of the electrical appliances made by Walton are witnessing a...