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Averting pitfalls in trying times

Shihab Sarkar | 2022-05-24 00:00:00

In describing the plight amid which Bangladesh presently discovers itself, the phrase that could aptly be used is 'triple whammy'. The expression is rarely used. But there are no suitable terms to describe the country's present conditions. The series of...

Targeted subsidies for the poor

2022-05-24 00:00:00

Managing Director and Chairperson of the International Monetary Fund (IMF), Kristalina Georgieva has suggested that governments across the world should subsidise the cost of food and energy for the poorest segment of society. Her suggestion comes at a time when...

Is the proposed Universal Pension Scheme viable?

A F M Mainul Ahsan | 2022-05-24 00:00:00

The role of an inclusive pension system in any society is increasingly important to ensure that future retirees will have sufficient funding to retain their standard of living at the end of their working life. However, the newly proposed Universal...

Fresh fiscal bailouts up as bourses dip

FE REPORT | 2022-05-23 12:00:00

Stocks sink yet deeper as the benchmark of Bangladesh's prime bourse hit an 11-month low on Sunday, prompting the government to frame rescue packages with fresh financial injections. A latest refinance scheme worth Tk 10.09 billion and raising the margin-loan...

BGMEA holds milad and doa mahfil

OUR CORRESPONDENT | 2022-05-23 12:00:00

CHATTOGRAM, May 22: The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) held a milad and doa mahfil in memory of its recently deceased directors at its office at Khulshi in the port city on Saturday. The deceased directors are Md...

Easing workplace stress

Ekram Kabir | 2022-05-23 12:00:00

That workplace stress significantly hampers productivity and increases frictions among co-workers is no revelation. Also an unhappy and stress-afflicted person in most cases fails to deliver what is expected of him or her.There have been surveys and studies galore to...

Rohingya from India: Dhaka sends 'note verbale' to Delhi

2022-05-23 00:00:00

Bangladesh has asked India to take measures to halt entry of the Rohingyas as Dhaka reported the arrival of some Myanmar nationals in the past weeks, reports UNB."We've sent a note verbale," Mashfee Binte Shams, Secretary (East) at the Ministry...

Water hyacinth

2022-05-23 00:00:00

Water hyacinth has covered this entire channel of the river Buriganga near Lalbagh in Old Dhaka. This not only hinders smooth flow of water but also contributes to pollution in the area. The photo was taken recently — FE photo

BEA floats Tk 20.50tn alternative budget

FE REPORT | 2022-05-23 00:00:00

Bangladesh Economic Association (BEA) on Sunday placed an alternative national budget of Tk 20.50 trillion, which is more than three times higher than the national budget amount likely to be proposed for the upcoming fiscal year (FY 2022-23).The platform of...

Monkeypox self-limiting but may be severe in some individuals: WHO

2022-05-23 00:00:00

Monkeypox is usually self-limiting but may be severe in some individuals, such as children, pregnant women or persons with immune suppression due to other health conditions, says the World Health Organization (WHO) on Sunday, reports UNB.Eating inadequately cooked meat and...

HSIA-Tejgaon phase sees 80.66pc progress

MUNIMA SULTANA | 2022-05-23 00:00:00

Challenges still exist in completing construction of the First Dhaka Elevated Expressway (FDEE) from Hazrat Shahjalal International Airport (HSIA) to Shonir Akhra of the Dhaka-Chattogram Highway by next year.Officials of Italian-Thai Development Public Company said 80.66 per cent progress in...

Chevron gives bid to Petrobangla

M AZIZUR RAHMAN | 2022-05-23 00:00:00

The US-based oil and gas giant Chevron plans to develop further two onshore gas-fields and one onshore block in Bangladesh in a quest to discover new gas zones and supply gas from those to help mitigate the country's mounting energy...

Briefing 23-05-2022

2022-05-23 00:00:00

Southeast Bank leads turnover chart Ten-most traded stocks grabbed 39 per cent transaction of Dhaka Stock Exchange (DSE) Sunday while Southeast Bank topped the turnover list after a long time. Southeast Bank became the top turnover leader as some investors...

Cars carrying students

2022-05-23 00:00:00

Cars carrying students of Willes Little Flower School and College are dropping them off right in the middle of the road in front of the school at Kakrail in Dhaka on Sunday noon, blocking vehicular movement and thus leading to...

Prayer Timings (2022-05-23)

2022-05-23 00:00:00

Govt to lower fertiliser usage target for FY23

YASIR WARDAD | 2022-05-23 00:00:00

The government is set to cut fertiliser usage for the upcoming financial year (FY23) following its skyrocketing prices in the global market.The Department of Agriculture Extension (DAE) under the Ministry of Agriculture primarily has set a requirement for 6.4 million...

Reverse remittance restricted

FE REPORT | 2022-05-23 00:00:00

Outward remittance for training, seminar and workshop abroad now comes under restrictions meant for mitigating pressure on Bangladesh's foreign-exchange reserves, officials say.All authorized dealer (AD) banks have been instructed to refrain from release of foreign exchange on account of registration/participation...

Delta Plan to include maritime areas: PM

2022-05-23 00:00:00

Prime Minister Sheikh Hasina Sunday asked for appropriate development planning taking into consideration the features of different regions, reports BSS. "The characteristics of all areas of Bangladesh are not identical. . . Bangladesh needs to be better known for any...

BD passport holders can avail with penal tax

Doulot Akter Mala | 2022-05-23 00:00:00

The government envisages fresh baits for repatriating siphoned-off money with a budgetary measure allowing Bangladeshi-passport holders to get their 'black money' whitened with penal tax.The new measure, first of its kind, may be incorporated into the Finance Bill 2022, to...

Weather (2022-05-23)

2022-05-23 00:00:00

Rain/thunder showers with intense lightning flashes and temporary gusty/squally wind is likely to occur at many places over Rangpur, Dhaka and Sylhet divisions in the next 24-hour from 06:00 am today (Monday), according to the met Office.Day temperature may rise...

Four businesses fined Tk 0.12m for violating consumer protection law

FE REPORT | 2022-05-23 00:00:00

A mobile court of the Directorate of National Consumer Rights Protection on Sunday fined four business entities in Dhaka and Gazipur over Tk 0.12 million (Tk 123,000) for violating the existing consumer protection law.The Directorate's assistant directors Abdul Jabbar Mandal...

UGC member Prof Dr Muhammed Alamgir

2022-05-23 00:00:00

University Grants Commission (UGC) member Prof Dr Muhammed Alamgir, Comilla University Vice-Chancellor (VC) Dr AFM Abdul Moyeen, Chittagong University VC Prof Dr Shireen Akhtar and Chandpur Science & Technology University VC Dr Md Nasim Akhtar along with others attend a...

HC sends four NSU trustees to police custody

FE REPORT | 2022-05-23 00:00:00

The High Court on Sunday sent four trustees of the North South University under the police custody of the Shahbagh Police Station in Dhaka after rejecting their anticipatory bail petition filed in a corruption case. The four trustees are ---...

Thrust on protecting waterbodies to end waterlogging

FE REPORT | 2022-05-23 00:00:00

Institute for Planning and Development (IPD) on Sunday urged the authorities concerned to protect the waterbodies in the capital and adjacent areas to put an end to waterlogging.Canals and other open waterbodies are being filled by influential people, companies and...

Excessive gastric pills lead to 45pc ulcer: BSMMU VC

FE REPORT | 2022-05-23 00:00:00

Intake of excessive gastric pills can cause gastric ulcer among 45 per cent of patients in the country, BSMMU Vice Chancellor Prof Dr Md Sharfuddin Ahmed said at a seminar on Sunday."Overuse of proton-pump inhibitors (PPIs) or commonly known as...

Two JMB men get 20 yrs imprisonment in Khulna

2022-05-23 00:00:00

KHULNA, May 22 (BSS): A court here today sentenced two militants of banned Jammatul Mujahiden Bangladesh (JMB) for 20 years of rigorous imprisonment (RI) in explosive case in Khulna.The court also fined them Taka 0.1 million each, in default they...

Dhaka court sends Haji Salim to jail

FE REPORT | 2022-05-23 00:00:00

A Dhaka court on Sunday sent Haji Mohammad Salim, a ruling party lawmaker from Dhaka-7 constituency who had been earlier sentenced to 10 years in prison in a corruption case, to jail after he surrendered before it.Judge Shahidul Islam of...

BNP to revoke DSA, all 'repressive' laws if it returns to power: Fakhrul

2022-05-23 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Sunday categorically said their party, if returns to power, will revoke all 'repressive' acts and ordinances, including the Digital Security Act (DSA), reports UNB. Speaking at a views-exchange meeting with journalists, he...

BNP will have to join polls under existing system

2022-05-23 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Sunday said BNP will have to join the next parliamentary polls under the existing electoral system, reports BSS."BNP will have to contest the polls abiding by...

US, S Korea sign pact on supply chain

2022-05-23 00:00:00

WASHINGTON, May 22 (AFP): The United States and South Korea have agreed to work more closely on crucial trade and supply-chain issues, the US Commerce Department announced Saturday.Establishing a US-Korea Supply Chain and Commercial Dialogue, the statement said, would "foster...