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BSEC cancels primary approval to 12 applications

FE Report | 2022-03-25 00:00:00

The securities regulator has cancelled primary approval to 12 applications earlier submitted seeking trading right entitlement certificate (TREC) required to conduct the operations as stock brokers.The Bangladesh Securities and Exchange Commission (BSEC) has cancelled the approvals due to the firms'...

Savar Refractories' price keeps rising sans PSI

FE REPORT | 2022-03-25 00:00:00

The share price of Savar Refractories, a junk stock, is rising 'abnormally 'despite the company is incurring losses and not giving any dividends for many years.The stock price of the loss-making company, listed with the stock market in 1988, jumped...

Perpetual bonds won’t need provisioning

FE Report | 2022-03-25 00:00:00

The securities regulator has removed the mandatory condition of keeping provision by issuers of perpetual bonds.The Bangladesh Securities and Exchange Commission (BSEC) earlier set a condition of keeping provision by issuers of perpetual bonds to remove apprehension regarding non-payment of...

Stocks end flat on bourses

FE REPORT | 2022-03-25 00:00:00

The market ended nearly flat on Thursday, after choppy trading, as investors remained shaky to put fresh bets on stocks.The market witnessed see-saw movement several times before edging higher as investors hesitated to make fresh investments in the market amid...

New Zealand to remove Covid mandates

2022-03-25 00:00:00

WELLINGTON, Mar 24 (AP): New Zealand will remove many of its COVID-19 pandemic mandates over the next two weeks as an outbreak of the omicron variant begins to wane.Prime Minister Jacinda Ardern said Wednesday that people will no longer need...

Russia to expel more US diplomats

2022-03-25 00:00:00

WASHINGTON, Mar 24 (AP): The U.S. State Department says Russia has begun the process of expelling several more diplomats from the U.S. embassy in Moscow.The department said it received a list of diplomats on Wednesday who have been declared "persona...

Muslim activist denied bail

2022-03-25 00:00:00

NEW DELHI, Mar 24 (BBC): An Indian court has denied bail to a prominent activist arrested 18 months ago for allegedly instigating riots in the national capital, Delhi.Umar Khalid was accused of being a "key conspirator" in the violent clashes...

China's foreign minister visits India for talks

2022-03-25 00:00:00

BEIJING, Mar 24 (Reuters): China's foreign minister will visit New Delhi for talks on Friday, an Indian official said, though neither side has formally announced what would be the highest-level visit since border clashes soured relations two years ago.Foreign Minister...

Oklahoma crash claims lives of 6 students

2022-03-25 00:00:00

OKLAHOMA CITY, Mar 24 (AP): Six teenage girls on a high school lunch break were killed when their small car with only four seats collided with a large truck hauling rocks, the Oklahoma Highway Patrol said Wednesday.The crash occurred shortly...

Russian warship destroyed in Ukraine

2022-03-25 00:00:00

KYIV, Mar 24 (BBC/Reuters/AFP/AP): Ukrainian officials said that a Russian landing ship has been destroyed and two other boats damaged in the occupied Ukrainian port city of Berdyansk.Video posted by the navy and on social media showed explosions and a...

N Korea tests banned missile

2022-03-25 00:00:00

SEOUL, Mar 24 (BBC): North Korea has tested a banned intercontinental ballistic missile (ICBM) for the first time since 2017, South Korea and Japan say.Japanese officials estimated it flew 1,100 km (684 miles). It fell in Japanese waters after flying...

Bumper wheat output likely in Joypurhat, Rajshahi

2022-03-25 00:00:00

The farmers of Joypurhat and Rajshahi districts are expecting a bumper production of wheat during the current season amid suitable weather conditions, reports BSSIn Joypurhat, farmers are eyeing a bumper production of wheat during the current season.Department of Agriculture Extension...

Carpenter's body recovered in Ctg

2022-03-25 00:00:00

CHATTOGRAM, Mar 24 (UNB): Police recovered the body of a person from the Khiran area of Chattogram's Fatikchhari on Wednesday.The deceased was identified as Md Suman, 30, a carpenter and resident of Dharmapur.Police sources said that Sumon was found in...

Naogaon, Meherpur road accidents kill six

2022-03-25 00:00:00

A total of six people were killed in separate road accidents in Naogaon and Meherpur districts on Wednesday night and Thursday, reports UNB.In Naogaon, four people, including a two-year-old child, were killed and 15 others injured in a head-on collision...

Congratulations Tigers!

2022-03-25 00:00:00

It is a historic win. It is a great achievement. It is another prize for Bangladesh cricket. For the first time, the Tigers have clinched a series win against the Proteas in one-day international (ODI) cricket. On Wednesday last, Bangladesh...

Importance of fresh water

2022-03-25 00:00:00

Price fluctuation of crude oil is the talk of the world but it has alternative renewable energy. What about groundwater in our country, the level of which is depleting fast. Reports have it that by 2050, five billion people will...

Caution against mushrooming gyms

2022-03-25 00:00:00

There is hardly any area left in Dhaka city, which does not have a fitness centre. Gyms are also available in almost every urban area in the country. The number of such centres is increasing day by day to cater...

UN Security Council needs to be reformed

Mohammad Amjad Hossain | 2022-03-25 00:00:00

The United Nations (UN) is apparently unbalanced in terms of the population of the world since the Security Council of the world body is dominated by the United States, China, Russia and the France Republic and the United Kingdom while...

Meeting challenges of the worst air pollution

Nilratan Halder | 2022-03-25 00:00:00

Once again, Bangladesh has earned the dubious distinction of topping the list of countries in the world with the worst air quality. To make the matter particularly shocking and painful, the country has held the undesirable spot for the fourth...

Containing price spiral of local steel and iron products

2022-03-25 00:00:00

No doubt demand for local steel and iron is being increasingly met from ship scraps at various shipyards of the country. Suffice it to say, the local supply source has, to some extent, contained price spiral besides helping a number...

Preparing for fun visits to Sundarbans

Shihab Sarkar | 2022-03-25 00:00:00

The International Day of Forests was observed on March 21 in Bangladesh and elsewhere in the world. With little notice being given to these Days, the mindless and indiscriminate swoops on the Sundarbans in Bangladesh continue to replicate in newer...

Hoarding -- is it always bad?

Golam Rasul | 2022-03-25 00:00:00

The price of edible oil has recently increased in Bangladesh and causing worry among both consumers and the government. The edible oil price increase in the international market, the Ukraine war, and speculation about price increase during Ramadan have caused...

The dilemma of demand forecasting

Mahmudur Rahman | 2022-03-25 00:00:00

The coming month will bring with it one of the biggest challenges for small business. Strewn all over Bangladesh are an estimated 5.6 million shops and markets that depend on sales uptake centring Bangla New Year and the two Eid...

Many corporates fail to submit returns

DOULOT AKTER MALA | 2022-03-24 12:00:00

Half of the corporate taxpayers across Bangladesh couldn't submit their returns by the deadline after the government made verified audit report on their financials mandatory for the 2021-22 fiscal, officials say. The fault on return submission unveils, by default, a...

Easy solution to accessible internet

Shadique Mahbub Islam | 2022-03-24 12:00:00

In a post-Covid neo-normal world, a life without an internet connection is unthinkable. Internet dependency before Covid is barely a fraction of what it is at present. However, internet penetration is only about 31 per cent in our country, leaving...

NATO: The eye of the storm

Hasnat Abdul Hye | 2022-03-24 12:00:00

The war in Ukraine did not start on February 24, 2022 but on April 04, 1949 when 12 countries -- Belgium, Canada, Denmark, France, Iceland, Italy, Luxemburg, Netherland, Norway, Portugal, United States of America (USA) and United Kingdom(UK) -- representing...

People stand in queues to get Covid jabs

2022-03-24 00:00:00

People stand in queues to get Covid jabs at the Institute of Child and Mother Health in Matuail of Dhaka on Wednesday without maintaining physical distance. Though Covid cases are on the decline these days, carelessness like this may help...

Global Covid cases near 474 million

2022-03-24 00:00:00

The overall number of Covid cases is rapidly approaching 474 million as the pandemic enters into its third year.According to Johns Hopkins University (JHU), the total case count mounted to 473,942,775 while the death toll from the virus reached 6,098,277...

Pakistan Day flag hoisting ceremony held in city

FE REPORT | 2022-03-24 00:00:00

A flag hoisting ceremony to mark the National Day of Pakistan (March 23) was held at the Pakistan High Commission in Dhaka on Wednesday.Pakistani High Commissioner Imran Ahmed Siddiqui hoisted the national flag at the chancery to the tune of...

Rohingyas' long stay will bring trans-national catastrophe

FE REPORT | 2022-03-24 00:00:00

Bangladesh tells the OIC that it cannot bear the immense socio-economic and environmental costs by hosting millions of refugees for an indefinite period, the foreign ministry said on Wednesday.Addressing the meeting of the OIC Ad Hoc Ministerial Committee on Accountability...