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APSEZ, BEZA sign deal on infrastructure

FE REPORT | 2022-04-02 00:00:00

India-based Adani Ports and Special Economic Zone Limited or APSEZ will establish the required infrastructure for Indian Economic Zone in Bangladesh (IEZ).To this effect, a term sheet was signed between the Bangladesh Economic Zones Authority (BEZA) and APSEZ at a...

WB okays $250m for BD to sustain growth

FE REPORT | 2022-04-02 00:00:00

The World Bank (WB) has approved US$ 250 million financing to help Bangladesh strengthen its fiscal policies to sustain growth following the Covid-19 pandemic as well as to enhance resilience to future shocks. In a press release issued on Friday,...

A trader puts various types of dates

2022-04-02 00:00:00

A trader puts various types of dates, now in high demand ahead of Ramadan, on display as buyers crowd around the roadside fruit shop in Baitul Mukarram Mosque area in the city on Friday — FE photo by KAZ Sumon

Budget pressure rises for debt buildup

FHM HUMAYAN KABIR | 2022-04-02 00:00:00

Bangladesh's total foreign debts snowballed to some US$65 billion, as of February, enlarging the servicing liability to the external lenders, officials say, thus increasing strains on the national budget. In the foreign debts, general government's unpaid loan is $56.62 billion...

Prayer Timings (2022-04-02)

2022-04-02 00:00:00

Brown sugar can save ailing BSFIC

MIR MOSTAFIZUR RAHAMAN | 2022-04-02 00:00:00

Organic brown sugar production can be the savior of the state-owned Bangladesh Sugar and Food Industries Corporation (BSFIC).In a move to diversify its product basket, the sinking state entity produced 12 tonnes of brown sugar in Zeal Bangla Sugar Mills...

'No rush to sign defence deals with US'

FE Report | 2022-04-02 00:00:00

Bangladesh is not in a hurry to sign the two defence-related agreements proposed by the US. The country also has no plan right now to procure arms from the US, high-ups of the Ministry of Foreign Affairs told the FE.None...

Moscow warns fuel depot attack new snag for talks

2022-04-02 00:00:00

KYIV (Ukraine), April 1 (AFP): Moscow on Friday accused Kyiv of carrying out its first air strike on Russian soil, in a new blow to hopes of any deescalation in President Vladimir Putin's war against Ukraine.Peace talks between Ukrainian and...

Written-off bank loans rising for recovery 'reluctance'

SYFUL ISLAM | 2022-04-02 00:00:00

Drives for recovering billions of taka in written-off loans appear sluggish as most of the state-owned banks each month reclaim only a peanut, officials say, while the dud money ballooning.After the balance sheet is cleaned by writing off the default...

Weather (2022-04-02)

2022-04-02 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at a few places over Rangpur, Mymensingh and Sylhet divisions and at one or two places over Rajshahi, Dhaka and Chattogram divisions in the next 24-hour from 06:00 an...

MBBS admission test held

2022-04-02 00:00:00

The admission test for the country's medical colleges for academic year 2021-22 was held on Friday, reports UNB.The test was held at a total of 57 venues in 19 centres across the country including the capital.Health and Family Welfare Minister...

NSU student dies in road crash

2022-04-02 00:00:00

After more than two years of attending online classes, Maisha Momtaj Meem had set off on her scooter to the North South University campus for a social event on Friday.But just as she had ascended the flyover in the capital's...

Diarrhoea may continue to wreak havoc for some time

2022-04-02 00:00:00

Over 1000 diarrhoea patients are seeking treatment at the International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b) every day for two weeks, reports bdnews24.com.Head of icddr,b Hospital Dr Baharul Alam said the disease might continue to wreak havoc for some...

Tiger census in Sundarbans begins this month

2022-04-02 00:00:00

KHULNA, Apr 01 (UNB): The tiger census will begin in the Sundarbans, the world's largest and only mangrove delta inhabited by the big cats, this month. Along with tigers, the government will also enumerate deer and pigs in the delta...

Reciter Hasan Arif dies

2022-04-02 00:00:00

Hasan Arif, a renowned recitation artiste and general secretary of Sammilita Sangskritik Jote, has died in hospital care at the age of 56, reports bdnews24.com.Arif, who had been on life support for the last few months, passed away on Friday,...

General SM Shafiuddin Ahmed speaking at concluding ceremony of "Exercise Tiger Lightning-3"

2022-04-02 00:00:00

Chief of Army Staff General SM Shafiuddin Ahmed speaking at the concluding ceremony of "Exercise Tiger Lightning-3" at the Bangladesh Institute of Peace Support Operation (BIPSOT) in Rajendrapur Cantonment on Thursday, jointly participated by the US Pacific Army Command and...

Gabriele Visentin speaking at a view-exchange programme

2022-04-02 00:00:00

European Union Special Envoy for Indo-Pacific Gabriele Visentin speaking at a view-exchange programme at the National Press Club in the city on Friday, organised by the Diplomatic Correspondents Association, Bangladesh (DCAB) — FE Photo

One in every five adults suffers from hypertension: Experts

FE REPORT | 2022-04-02 00:00:00

Fifty-one per cent of women and 67 per cent of men with hypertension in Bangladesh do not know they have high blood pressure, public health experts said quoting a study.One in every five or 21 per cent adults in Bangladesh...

Second suspect held with firearm

2022-04-02 00:00:00

Dhaka Metropolitan Police (DMP) detectives have arrested a second suspect in connection with the killing of an Awami League politician and a female college student at Shahjahanpur, reports UNB.The arrestee is Arfanullah Damal, said Rifat Mohammad Shamim, deputy commissioner of...

Hasan slams TIB for statement on Media Employees' Bill

2022-04-02 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud said on Friday Transparency International Bangladesh (TIB)'s statement is not conducive to rectifying Mass Media Employees Bill rather it is an impediment to doing so, reports BSS.The minister came up with the remarks...

Chormonai Pir Mufti Syed Muhammad Rezaul Karim speaking at a rally

2022-04-02 00:00:00

Islami Andolan Bangladesh Ameer and Chormonai Pir Mufti Syed Muhammad Rezaul Karim speaking at a rally in the city's Gulistan area on Friday, protesting unusual price hike of essential commodities and calling for implementation of five-point demand including an end...

No leadership crisis in BNP, says Fakhrul

2022-04-02 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Friday categorically said their party is not facing any leadership crisis or division as it remains united under the leadership of Khaleda Zia and Tarique Rahman, reports UNB. 'It's as clear as...

BNP plots to heat up politics over polls-time govt: Quader

2022-04-02 00:00:00

Awami League (AL) General Secretary Obaidul Quader said on Friday BNP is hatching conspiracy to heat up the country's political field in the name of forming a national government, reports BSS."Each BNP leader is speaking in different tones in different...

News Briefs (2022-04-02)

2022-04-02 00:00:00

CAPM declares Unit Fund NAVCAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 130,428,233.64 on the basis of cost price and Tk 144,324,418.05 on the...

Global bond funds gain first weekly inflow since early Jan

2022-04-02 00:00:00

Global bond funds drew their first weekly inflow in about three months in the week ended March 30, as a dip in oil prices tempered some concerns over inflation during the week, reports Reuters.According to Refinitiv Lipper, global bond funds...

Fortune Shoes shines out on weekly turnover list

FE REPORT | 2022-04-02 00:00:00

Ten most-traded stocks accounted for over one-third of weekly transactions, with Fortune Shoes making it way to the top of the turnover list of Dhaka Stock Exchange (DSE) in the outgoing week.Market operators said investors showed their buying interest for...

HSBC Bangladesh and TMSS signed cash management agreement

2022-04-02 00:00:00

In presence of Chief Executive Officer of HSBC Bangladesh Md Mahbub ur Rahman and Executive Director of TMSS Professor Dr. Hosne Ara Begum, HSBC signed a cash management agreement with Thengamara Mohila Sabuj Sangha (TMSS) recently. As per the agreement,...

Green Delta Ins approves 30pc dividend

2022-04-02 00:00:00

Green Delta Insurance Company Limited has approved 30 per cent cash dividend for its shareholders for the year ended on December 31, 2021.The approval came at the 36th Annual General Meeting of the company, held on Wednesday through an online...

Stocks inch up amid cautious trading

BABUL BARMAN | 2022-04-02 00:00:00

Dhaka stocks posted a modest gain in the outgoing week as investors started putting fresh bets on lucrative stocks amid cautious trading.Of the five trading days this week, three sessions closed higher while two others edged lower amid volatile trading.Week...

Policy support, incentives crucial for emerging industries

FE REPORT | 2022-04-02 00:00:00

Bangladesh's initial economic growth came through utilising the country's essential assets, namely its human capital and strategic use - whether by design or not - of specific industries. As the country looks forward to higher growth, the established industries like...