FE Report | 2022-05-22 00:00:00
Foreign stakes in many small-cap listed companies declined significantly in last 10 months as the foreigners offloaded their shares held in those companies.The foreign stakes in large-cap companies, however, declined marginally during the period.The companies which saw significant decline in...
Traffic jam has become our daily companion. It has turned our daily trips into nightmares. According to a World Bank report, in the last 10 years, the average traffic speed in Dhaka has dropped from 21 kilometres per hour (kmph)...
A large number of people in Sylhet and Sunamganj are faced with a humanitarian crisis because of a flood that has left many areas of the north-eastern region inundated for the past few days. Heavy rain and the onrush of...
If you are still reeling from the Covid pandemic, we are sorry to say that there is another virus that can take a firm hold across the world. It is monkey pox. It is a rare viral disease seldom detected...
Shihab Sarkar | 2022-05-22 00:00:00
Unlike in the other years, the Cannes Film Festival (17 May-28 May) has created a great stir among the movie enthusiasts this year, too. The 2022 edition of the festival being held after part virtual, part in-person styles during the...
Asjadul Kibria | 2022-05-22 00:00:00
When inflation is soaring across the world, the situation in Bangladesh is slightly different. The country is also feeling the pinch of price inflation but at a lower rate, at least officially. The national statistical agency released the latest monthly...
Preparations are afoot to raise the power tariff in a big way. The Bangladesh Power Development Board (BPDB) had approached the Bangladesh Energy Regulatory Commission (BERC) seeking a hike as high as 65.57 per cent. The technical committee of the...
Muhammad Mahmood | 2022-05-22 00:00:00
Global food prices are most likely to keep rising even after jumping to a record high in March this year as reflected in the FAO Food Price Index (FFPI) which averaged 159.3 points in March, up 12.6 per cent from...
Shankar Shikdar | 2022-05-21 12:00:00
In the face of an acute shortage of trained professionals, ensuring healthcare for a population of 168 million in Bangladesh remains a major challenge for the nation. A major portion of the population are living far from the access to...
Syed Fattahul Alim | 2022-05-21 12:00:00
Skipping unnecessary expenditures is the time-tested way of surviving crisis time. In modern-day economic management, the same belt-tightening steps under the rubric of austerity measures are suggested by experts when a country's economy falls on hard times. At present the...
The cross-border train services between Bangladesh and India will resume shortly, said the Indian High Commission in Dhaka on Friday, reports UNB.The Maitri Express service between Dhaka-Kolkata and the Bandhan Express Service between Kolkata-Khulna will resume on May 29, 2022....
WASHINGTON, May 20, (AFP) : The US Congress on Thursday approved a gargantuan $40 billion aid package for Ukraine to help fight Russia's invasion as President Joe Biden rallied behind the historic NATO membership bids of Sweden and Finland.With unusually...
Health and Family Welfare Minister Zahid Maleque said that one million people die normal deaths in the country every year. Of these, 70 percent die of non-communicable diseases, reports UNB.He made the remarks while addressing a launching ceremony of the...
FE REPORT | 2022-05-21 00:00:00
Both the daily Covid-19 cases and the virus test positivity rate showed upwards in Bangladesh on Friday.The Directorate General of Health Services (DGHS) reported 50 Covid-19 cases and its infection rate at 0.79 per cent on the day against the...
NEW YORK, May 20 (AFP): The United States on Thursday unveiled a $3.5-billion plan for projects to capture carbon dioxide directly from the air, a recent technology seen as a possible solution to climate change.The money will fund four major...
China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away from business with Russia after its invasion...
A CNG-run autorickshaw left badly damaged after a pick-up van collides head-on with the three-wheeler on Chandpur-Cumilla road in Miaar Bazar area of Chandpur Sadar upazila on Friday morning. Two candidates of the primary teacher recruitment-test who were going to...
A hawker selling colourful gamchha (traditional cotton towel) in Farashganj area of the city on Friday. These handloom woven towels, brought from Baburhat in Narsingdi, have a high demand among common people — FE photo by Shafiqul Alam
The body of prominent writer and columnist Abdul Gaffar Chowdhury - best known for writing the lyrics of "Amar Bhaier Rokte Rangano" - is likely to arrive in Dhaka next week, reports BSS.Bangladesh High Commissioner to the UK Saida Muna...
Ismail Hossain | 2022-05-21 00:00:00
The government is going to launch an app and a website on a pilot basis to manage complaints of customers against various e-commerce platforms, according to the authority concerned. The digital system, called the Central Complaint Management System (CCMP), is...
FHM Humayan Kabir | 2022-05-21 00:00:00
The government will require nearly Tk 10.15 trillion to implement some 1,349 ongoing projects over next three years, officials said on Wednesday.However, the government is likely to allocate Tk 8.21 trillion in the next three fiscal years' (FY) Annual Development...
Rice prices from top exporter India extended losses this week, pressured by ample domestic supplies and the rupee's dive to record lows, reports Reuters.India's 5 per cent broken parboiled variety was quoted at $351 to $356 per tonne, down from...
BD Paints QIO opens tomorrowThe Qualified investor offer (QIO) of Bangladesh Paints Ltd. shares will open for subscription tomorrow (Sunday), aiming to raise Tk 120 million under fixed-price method. The paint manufacturer's share subscription through electronic subscription system (ESS) of...
FE REPORT | 2022-05-21 00:00:00
The Transparency International Bangladesh suggests formation of an independent economic strategy advisory committee to find ways to address the potential fallout from an unfolding global economic crisis.The panel will also advise the government authorities concerned to help continue the commendable...
SYFUL ISLAM | 2022-05-21 00:00:00
Planned foreign investment in Bangladesh's state-owned sugar mills to run under joint management hits twin barriers, officials say, while the sweetener's price climbs unreachable highs. Long-outstanding large loans from state banks and the requirement of sovereign guarantee are considered as...
Saif Uddin | 2022-05-21 00:00:00
The country's export earning from pharmaceutical sector has marked a significant rise in the recent years following its growing capacity and access to new destinations. Local pharmaceutical companies brought in US$163.83 million in July-April period of the current fiscal year...
SYLHET, May 20 (UNB): The overall flood situation in Sylhet district has not improved, despite eight days having passed since flash floods hit this region.The Surma and Kushiarar rivers continue to flow above the danger level due to the onrush...
JASIM UDDIN HAROON | 2022-05-21 00:00:00
Savers are losing out as high inflation makes inroads on yields from the savings instruments this section of people have invested in as their last resort, sources say.These individuals, who rely on savings to supplement their income, are finding it...
Rain/thunder showers with intense lightning flashes and temporary gusty/squally wind is likely to occur at many places over Rangpur, Rajshahi, Mymensingh and Sylhet divisions in the next 24-hour from 06:00 am today (Saturday), according to the met Office.Day temperature may...
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