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Watermelon price hits record high

YASIR WARDAD | 2022-04-06 00:00:00

The price of watermelon has climbed to an all-time high of Tk 60 a kg in Dhaka's retail outlets despite bumper production of the juicy summer fruit this year.An almost 200-per cent price gap between farm's end in coastal region...

HC rules over confinement of death convicts in condemned cell

FE REPORT | 2022-04-06 00:00:00

The High Court on Tuesday issued a rule asking the government bodies concerned to explain as to why the confinement of the death row convicts in the death cell or condemned cell before attaining finality of their sentence by the...

Six DU BCL activists expelled from hall

2022-04-06 00:00:00

Dhaka University's Bijoy Ekattor hall has expelled six students for life on charges of beating up two fellow students on the hall premises, reports UNB.The expelled students are Masfi-Ur Rahman, a 2nd year student of Social Welfare and Research Institute,...

Gayeshwar Chandra Roy speaking as the chief gust -

2022-04-06 00:00:00

BNP Standing Committee Member Gayeshwar Chandra Roy speaking as the chief gust at a roundtable organised by Liberal Democratic Party at the National Press Club in the city on Tuesday — FE Photo

BNP demands govt's resignation

2022-04-06 00:00:00

Observing that people's lives have become miserable in the country, BNP standing committee members have demanded of the government to step down immediately for its failure to control price hikes of the essentials, reports UNB.At a virtual meeting, they also...

Critics get silent after Biden’s letter to PM: Hasan

2022-04-06 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud Tuesday said the critics, who were vocal after the US sanction on some officials, have become silent after the USA President sent a letter to Prime Minister Sheikh Hasina, reports BSS."The US President...

BNP shifting responsibility of their failure to govt: Quader

2022-04-06 00:00:00

Awami League General Secretary Obaidul Quader on Tuesday said the BNP leaders are shifting the responsibility of their incompetence, inefficiency and failure to the government, reports BSS.He made the remark while speaking at a press conference at his official residence...

Opposition MPs slam Article 70 of Constitution

2022-04-06 00:00:00

Opposition lawmakers on Tuesday came down heavily on the Article 70 of the Constitution saying they are unable to speak freely because of this provision, reports UNB.A total of three Jatiya Party and BNP MPs raised the issue while taking...

Ryanair summer fares to be higher than in 2019

2022-04-06 00:00:00

DUBLIN, April 5 (Reuters): Ryanair expects average air fares during this year's summer peak season to be 5-10 per cent higher than pre-pandemic prices in the same period of 2019, Group Chief Executive Michael O'Leary was quoted as saying on...

Nissan delays Ariya electric SUV sales

2022-04-06 00:00:00

TOKYO, April 5 (Reuters): Nissan Motor Co is pushing back the release date of the electric Ariya B6 SUV again due to a global shortage of semiconductors and other supply chain disruptions, the Japanese automaker said in a statement late...

Canada's exports hit record high in Feb

2022-04-06 00:00:00

OTTAWA, April 05 (Reuters): Canada's exports rose 2.8 per cent in February to a record high, driven mostly by energy products, while imports climbed 3.9 per cent from the previous month, data from Statistics Canada showed on Tuesday, with economists...

US services sector accelerates despite supply issue: survey

2022-04-06 00:00:00

WASHINGTON, April 05 (AFP): The dominant US services sector saw growth accelerate in March as worker shortages and Covid-19 cases eased, but firms continue to face supply challenges, according to an industry survey released Tuesday.The Institute for Supply Management (ISM)...

Premier Bank opened Shantirhar Bazar sub-branch

2022-04-06 00:00:00

The Premier Bank Limited has opened Shantirhar Bazar sub-branch under the supervision of Mirshorai branch in Mirshorai upazila recently. Mosharraf Hossain MP inaugurated the sub-branch as the chief guest at Simon Lily Supermarket in Shantirhat Bazar. Kazi Ahsan Khalil, Deputy...

Chinese co to set up garment industry in Mongla EPZ

2022-04-06 00:00:00

Xihe Textile Technology Bangladesh Limited, a Chinese company, will set up a garment manufacturing industry in Mongla EPZ with an investment of USD $12.89 million, reports UNB.An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA)...

Walton sets up solar power plant

2022-04-06 00:00:00

Bangladeshi electronics and tech giant Walton has set up a 2.16MW solar power generation plant at its headquarter in Chandra, Gazipur, says a press release. The tech giant has a plan to set up 10MW solar power plant by this...

BD, Sri Lanka 'should jointly tap potentials of blue economy'

2022-04-06 00:00:00

Sri Lankan High Commissioner in Dhaka Prof. Sudharshan DS Seneviratne has said Bangladesh has a huge potential in blue economy sector in the Bay of Bengal and there are huge opportunities to work jointly for the development of this sector....

Iran wants to sign PTA with BD

FE REPORT | 2022-04-06 00:00:00

Iran seeks to sign a Preferential Trade Agreement (PTA) with Bangladesh to boost bilateral trade, officials said.The country has recently conveyed its interest in signing the agreement to the Bangladesh Embassy in Tehran. The Trade Promotion Organisation (TPO) of the...

Elon Musk to join Twitter’s board

2022-04-06 00:00:00

NEW YORK, April 05 (AFP): Elon Musk will join Twitter's board of directors, the social network's chief executive announced Tuesday, a day after the Tesla boss bought a major stake in the company and became its largest shareholder."I'm excited to...

Amazon signs on launch partners for space internet

2022-04-06 00:00:00

COLORADO, Apr 05 (AFP): Amazon on Tuesday announced deals for scores of launches to deploy a "constellation" of satellites in low orbit around the Earth to provide internet service to people below.Amazon said that its contracts with Arianespace, Blue Origin...

India's antitrust body to probe Zomato, Swiggy over neutrality

2022-04-06 00:00:00

NEW DELHI, April 05 (Reuters): India's antitrust watchdog has ordered an investigation of food delivery companies Zomato Ltd and Swiggy over the companies' apps being "neutral" platforms, the Competition Commission of India (CCI) said on Monday. The order comes months...

SBL organised seminar on “Ramadan Taqwah and Banking”

2022-04-06 00:00:00

Standard Bank Limited (SBL) organised a seminar on “Ramadan Taqwah and Banking” on the 1st Ramadan on a virtual platform. Managing Director and CEO of the bank Khondoker Rashed Maqsood presided over the seminar while Associate Professor of Asian University...

ACCA welcomes new members

2022-04-06 00:00:00

The Association of Chartered Certified Accountants (ACCA) Bang-ladesh organised a programme at a city hotel recently to welcome 69 newly qualified ACCA and 30 FCCA members, says a press release.At the beginning of the programme, PromaTapsi Khan, Head of Education...

FBCCI seeks to boost trade with Mexico

2022-04-06 00:00:00

A virtual business platform of Mexico-Bangladesh has been launched to create better opportunities and bring the business community of Bangladesh and Mexico on a single platform, reports UNB.It was launched on Monday night through a webinar organised by Mexican Business...

Nikkei index ends higher on high-tech buying

2022-04-06 00:00:00

TOKYO, Apr 5 (AFP): Tokyo's blue chip shares ended higher Tuesday, driven by buying of high-tech shares, though the yen's gyrations weighed on the market.The benchmark Nikkei 225 index added 0.19 percent, or 51.51 points, to 27,787.98, after spending the...

Indian shares end lower ---

2022-04-06 00:00:00

BENGALURU, Apr 5 (Reuters): Indian shares ended lower on Tuesday as losses in financial stocks outweighed gains in auto companies, while fears of inflation due to rising global crude oil prices also spooked investors.The NSE Nifty 50 index (.NSEI) fell...

US stops Russian bond payments, raising risk of default

2022-04-06 00:00:00

NEW YORK/WASHINGTON, Apr 5 (Reuters): The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at US banks, in a move meant to ratchet up pressure on...

Global bond sales to cross $10 trillion in 2022 : S&P

2022-04-06 00:00:00

LONDON, Apr 5 (Reuters): Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings said in a report.Despite an economic recovery, borrowing will stay elevated because of high...

MoU signed between Trust Bank Limited and Radisson Blu Dhaka Water Garden

2022-04-06 00:00:00

An MoU was signed between Trust Bank Limited and Radisson Blu Dhaka Water Garden. Deputy Managing Director & CBO of Trust Bank Limited Ahsan Zaman Chowdhury and Md. Sharfuddin Newaz, Director of Sales & Marketing & General Manager In-Charge of...

IBBL organised workshop on 'Effective Internal Audit Procedure'

2022-04-06 00:00:00

Islami Bank Bangladesh Limited organised a workshop on 'Effective Internal Audit Procedure' at Islami Bank Tower on Tuesday. Mohammed Monirul Moula, Managing Director and CEO of the Bank, addressed the workshop as the chief guest.

News Briefs (2022-04-06)

2022-04-06 00:00:00

Disbursement of dividend Rangpur Dairy & Food Products Ltd: The company has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.Pacific Denims Limited: The company has credited the bonus shares for the year ended...