Green industrialisation for sustainable development

The contribution of industry to the national economy is gradually increasing with about 35.14 per cent of Gross Domestic Product (GDP) at present. As part of striving for building a developed nation by 2041, the industrial sector is playing a...

Determinants of commercial bank lending rates in Bangladesh

Until 1990, the lending rate structure of Bangladesh was administered by a mechanism set by the government. So interest rates on deposit and lending were not changed simultaneously with the movement in inflation. Moreover, the government attempted to give incentives...

Businesses place package demands for budget

Cuts in taxes, predictable policy regime, tax simplification and boosting CMSMEs are among measures leading businesses seek in new budget for ensuring a business-friendly climate in the country. They demanded Thursday a clear indication of improving ease of doing business...

Recipients of 'Bangabandhu Award for Wildlife Conservation'

Two individuals and one organisation in three categories have been nominated for the 'Bangabandhu Award for Wildlife Conservation'.The decision was taken at a meeting of the Wildlife Advisory Board chaired by Environment, Forest and Climate Change Minister Md. Shahab Uddin...

Brigadier General Md Sazzad Hossain receiving a 'Medal of Honour'

Director General of Bangladesh Fire Service and Civil Defence Brigadier General Md Sazzad Hossain receiving a 'Medal of Honour' from Director General of Fire and Rescue Department of Malaysia Mohammad Hamdan Bin Haji Wahid in Kuala Lumpur on Wednesday for...

AB Bank signed agreement with Unimart

AB Bank Limited signed an agreement with Unimart under which ABBL credit cardholders will get 12 per cent cashback on purchases at all Unimart outlets. Abdur Rahman, Deputy Managing Director of AB Bank Limited, and Shahin Mahmud, Chief Operating Officer,...

Prayer Timings (2022-04-01)

Bill tabled in JS to protect farmland

A bill seeking steps for proper use and protection of the agricultural land in Bangladesh was placed in parliament on Thursday. Opposition Jatiya Party lawmaker Rowshan Ara Mannan placed the bill named 'Agricultural Land (Appropriate Use and Conservation) Bill-2022 with...

Joint-venture gas search in hills soon

A priority preparation gets going for hydrocarbon search in Bangladesh's hill tracts in partnership with any international oil major as the country bids for downsizing fuel imports amid current global crunch.Sources say the state-owned oil-and gas-exploration company - BAPEX --...

Lack of data hinders protection for jobless

The absence of credible and digitised employment database and a lack of appropriate legal provisions and regulatory frameworks are among the major challenges to promote jobless-protection measures in Bangladesh.These are the findings of an ILO working paper on 'Towards Improved...

ADB lends $143m for efficiency upgrading

Bangladesh is receiving a US$143-million loan from the Asian Development Bank (ADB) for accelerating economic growth through improving efficiency, predictability, and security of cross-border trade.The board of the Manila-based lender Thursday approved the fund for facilitating sub-regional economic cooperation, the...

Postpone classification of loan until June 30

The country's apex trade body has requested the central bank to suspend loan classification until June 30 to keep the overall business activities as usual.Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin sent a letter...

5G spectrum fetches BTRC $1.23b

Bangladesh Telecommunication Regulatory Commission (BTRC) earns around $1.23 billion or Tk106.45 billion by auctioning 190MHz 5G spectrums that power latest telephony. However, 30 MHz, out of total 220 MHz on sale, remained unsold at the auction as BTRC was planning...

Elgar, Bavuma power South Africa to 233-4

South Africa reached 233-4 on day one of the first Test against Bangladesh, thanks to half-century from captain Dean Elgar and vice-captain Temba Bavuma at the Kingsmead Cricket Ground in Durban on Thursday, reports BSS.Elgar gave the side a dominating...

Participants pose for a photograph at roundtable on 'India-Bangladesh Trade and Business'

Participants pose for a photograph at the roundtable on 'India-Bangladesh Trade and Business', jointly organised by Assistant High Commission of India, Chattogram and the Chittagong Chamber of Commerce and Industry (CCCI) at World Trade Center in the port city on...

Malaysian envoy optimistic about FTA with Bangladesh

Malaysian High Commissioner to Bangladesh Haznah Md Hashim has said she is optimistic that Dhaka and Kuala Lumpur would soon sign a Free Trade Agreement (FTA) to boost bilateral trade, reports UNB.While delivering her keynote speech at Cosmos Foundation's virtual...

Judiciary working to uphold spirit of Constitution: CJ

Chief Justice Hasan Foez Siddique has said the judiciary is constantly working for upholding the spirit of the country's Constitution and for ensuring justice. The CJ said this while addressing inauguration of a high-rise building named Bijoy Ekattor on the...

Russian co joins hands with local firm to promote software

Leading Russian software company NtechLab has partnered with local enterprise Ribat Metatech to promote advanced face recognition software in Bangladesh.NtechLab, one of the global leaders in the field of facial recognition, on Thursday announced the partnership with Bangladeshi software company...

Most commodity prices inflate before Ramadan

Most of the essential commodities like beef, chicken, fish, sugar, salad items, brinjal, pulses, bason and date rise in prices just before the start of the fasting month of Ramadan.Market sources say edible oil is still retailing at much higher...

NSDA issues guideline to award entities

Skill development initiatives by various organisations would be recognised by the government - to ensure availability of skilled labour forces as per local and international market demand.The National Skill Development Authority (NSDA) would give 'Skill Centre of Excellence Recognition' to...

Zero death, 73 new Covid-19 cases in 24 hrs

Bangladesh reported zero death from Covid-19 and 73 new virus cases on Thursday. The figures were two and 72 respectively on Wednesday, according to official data.With the latest daily counts, the total fatalities from coronavirus reached 29,122 since the virus...

Convoy heads to Ukraine's Mariupol for evacuation

KYIV, March 31 (AP): A convoy of buses headed to Mariupol on Thursday in another attempt to evacuate people from the besieged port city, while Russia pressed its attacks in several parts of Ukraine ahead of a planned new round...

Anxious parents attend their children admitted to the Mugda General Hospital

Anxious parents attend their children admitted to the Mugda General Hospital in the city with diarrhoea. With the temperature rising, the number of diarrhoea patients in different parts of the country, including the capital, has gone up sharply. The photo...

Weather (2022-04-01)

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 Dhaka, Rajshahi and Chattogram divisions until 6:00 pm today (Friday), according to...

CVASUTA executives

CHATTOGRAM, Mar 31: The election of Chittagong Veterinary and Animal Science University Teachers Association (CVASUTA) was held today. Professor Dr Masudujja-man has been elected president while Professor Dr Mejbah Uddin general secretary of CVASUTA. The other elected leaders of the...

60MW wind power plant being installed

State minister for power, energy and mineral resources Nasrul Hamid laid the foundation stone of a 60-megawatt (MW) wind-based power plant in Cox's Bazar on Thursday.With this latest one, several wind-based power plants having a total of 245-MW generation capacity...

Strengthen BD's link with S Asian peers to boost trade, network

Noted economist and former central bank governor Dr Atiur Rahman suggests strengthening Bangladesh's connectivity with other South Asian countries, aimed at boosting regional trade and network.Citing huge investment potential in the country's connectivity infrastructure, he urges both domestic and foreign...

Two feeder vessels released after nine days in detention

After remaining detained for nine days in Chattogram, two container feeder vessels have been released Thursday following their furnishing of bank guarantees, against due export proceeds by a jute exporter. The vessels were held on March 22, following an order...

Recipients of crests awarded by NOAB to media outlets

Recipients of crests awarded by the Newspaper Owners' Association of Bangladesh (NOAB) to media outlets in recognition of their 25 years of publication are seen with other guests at a function held in the city on Wednesday — FE photo

Children with special needs not burden to society: PM

Prime Minister (PM) Sheikh Hasina said on Thursday children with special needs or physically challenged people are not the burden of the society, reports UNB."The physically challenged people are one of us, this is the biggest thing," she said.She said...