Internet finance is a new type of financial business model. It allows traditional financial institutions and internet companies to conduct financing, payment, investment, and other services. The main business models of internet finance include internet payment, online lending, internet fund...
Dhaka city's traffic system collapses every year during the holy month of Ramadan. And this year is not an exception. People now have to go through unbearable sufferings while going to work and other destinations. The commuting often takes the...
Diarrhoea is a common disease in summer. However, it has recently taken an alarming turn in the capital with a large number of patients getting admitted to hospitals every day. The International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b) has...
Shihab Sarkar | 2022-04-10 00:00:00
Against the backdrop of acute crisis of pure drinking water in the capital leading to an outbreak of diarrhoea and many public sufferings, the city's water supply chief blurted out a long known truth. It is related to drinking safe...
Asjadul Kibria | 2022-04-10 00:00:00
Zakat is one of the five fundamentals of Islam. It is an obligatory charity for all the Muslims who have the ability to pay and so is an important component of Islamic finance. The ability to pay Zakat is determined...
The Dhaka Water and Sewerage Authority (DWASA) does very often hit the news headlines. The reasons that attract the attention of the media towards this state-owned utility provider, in most cases, are not that palatable. Water supply shortage and supply...
A short rain break slowed down South Africa's scoring rate during the second session of the second Test, but still, the home side were largely on top of proceedings on the first day in Gqeberha. They went to tea on...
Rabiul Hossain | 2022-04-09 12:00:00
The portion of a country's debt which is collected from the foreign/external parties is termed as external debt of that country. Generally, debt receiving country takes debt from multilateral lending institutions i.e., World Bank, International Monetary Fund (IMF), Islamic Development...
FE REPORT | 2022-04-09 00:00:00
Bangladesh has reported 48 more Covid-19 cases with no death in the last 24 hours till Friday morning, according to the Directorate General of Health Services (DGHS). With the latest infections, the entire caseload rose to 1,951,995 while death toll...
COLOMBO, April 8 (AFP): Cash-strapped Sri Lanka's central bank hiked interest rates by a record 700 basis points Friday as police fired tear gas at hundreds of students protesting about the economic crisis.Severe shortages of food, fuel and electricity have...
Traders busy selling iftar items at Chawkbazar, known for traditional iftar delicacies, in old Dhaka on Friday, a weekly holiday — FE photo by KAZ Sumon
FE REPORT | 2022-04-09 00:00:00
Supplying subsidised essentials to 10 million families as Ramadan ex-gratia under a government recipe would cost the exchequer over Tk 6.53 billion, officials say, apart from the ongoing market- intervention spending.The cut-price selling of soybean oil -- which showed unusual...
SM NAJMUS SAKIB | 2022-04-09 00:00:00
Despite being the second-largest Muslim country, Bangladesh performs poorly in zakat (Islamic almsgiving) collection and distribution, and it is still unsystematic.But this obligatory charity, that a well-off religionist has to make annually, can potentially lead to poverty alleviation and promote...
FE REPORT | 2022-04-09 00:00:00
The Export Promotion Bureau (EPB) is not in favour of granting the authority of issuing certificate of origin (CoO) of products to many associations.The EPB's opinion came after the Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) sought the authority...
KRAMATORSK, Ukraine, April 8 (AFP): A rocket attack on a train station in the eastern Ukrainian city of Kramatorsk killed dozens on Friday as civilians raced to leave the Donbas region in the crosshairs of the Russian army.Thirty-nine people were...
Taijul Islam celebrates after the dismissal of South Africa's Ryan Rickelton during the first day of the second Test at St George's Park in Gqeberha on Friday. South Africa were on 278/5 at stumps. Taijul claimed three wickets for 77....
Saif Uddin | 2022-04-09 00:00:00
The Bangladesh Investment Development Authority (BIDA) looks to deliver high-value services as it has recently assumed the regional directorship of WAIPA, a UN-affiliated global platform to promote investment.The new role of the country's apex investment-promotion agency or IPA is also...
Stocks plummet amid sluggish turnoverStocks plummeted in the outgoing week to Thursday, with jittery investors selling off their shares to skirt further losses amid persistent volatility on the market. Out of the five trading days this week, four sessions suffered...
DOULOT AKTER MALA | 2022-04-09 00:00:00
Foreign organisations in Bangladesh, including UN agencies, are expected to get VAT refund expeditiously as the revenue board's relevant office moves to go digital to end their long wait.Foreign agencies are exempt from value-added tax on local buys, so are...
FE REPORT | 2022-04-09 00:00:00
Edible oil prices remained 6.0-13 per cent higher than the government-fixed rates on Friday as refiners and distributors were yet to supply oils with new price tags, said city grocers.Meanwhile, prices of brinjal, a vegetable used widely in Iftar during...
ISLAMABAD, April 8 (Agencies): Pakistan Prime Minister Imran Khan was to address the nation Friday, on the eve of a controversial no-confidence vote that looks certain to dismiss him.The country is abuzz with speculation he may resign rather than face...
FE REPORT | 2022-04-09 00:00:00
About 4000 hectares of standing Boro crops have been submerged so far due to flash flood, causing losses to the tune of Tk 500 million to the farmers in Sunamganj and Netrakona haor areas, according to the field service wing...
FHM Humayan Kabir | 2022-04-09 00:00:00
Bangladesh is likely to seek US$500 million more in budgetary support from the World Bank at the upcoming IMF-WB spring meeting in Washington, as the government eyes yet a bigger budget. Besides, an extended support may also be requested from...
Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at one or two places over Rangpur, Mymensingh and Sylhet divisions in the next 24-hour from 06:00 am today (Saturday), according to the Met Office. Day temperature may rise...
CHANDPUR, Apr 08 (UNB): The government is yet to take a call on doling out 100 per cent festival bonus to the teachers of private educational institutions in Bangladesh, Education Minister Dipu Moni said on Friday."We have to weigh our...
Caught in the grip of the coronavirus pandemic during the last two years, Bangladeshis were forced to commemorate Pahela Baishakh, the first day of the Bangla calendar, with low-key celebrations that were mostly confined to their homes.But this time, the...
FE REPORT | 2022-04-09 00:00:00
Today (Saturday) is the 8th death anniversary of veteran journalist and columnist ABM Musa.AMB Musa died at Lab Aid Hospital in 2014.Family members urged all relatives and admirers to pray for the salvation of his departed soul.Born in Dharmapur village...
Our Correspondent | 2022-04-09 00:00:00
CHATTOGRAM, Apr 08: Over 65 per cent work of a mega project mainly aiming to rid the port city of water-logging problem has been completed, sources said.The Chattogram Development Authority (CDA) in association with Bangladesh Army is implementing the Tk...
Foreign Minister AK Abdul Momen has reaffirmed Bangladesh's commitment to ensuring that over 75 million autistic people in the world can make the most of their talents and participate fully in the societies, reports UNB.Momen was delivering his opening remarks...
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