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BD logs zero Covid death, 33 cases in 24 hrs

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

Thirty-three cases and zero death were reported from Covid-19 in Bangladesh on Wednesday.With the latest daily counts, the total fatalities from coronavirus reached 29,127 and the total caseload crossed 1.95 million since the virus was detected in the country in...

TCB sales drive starts May 16

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

The government is set to launch a countrywide truck sale of key essential items on May 16 to keep prices within people's purchasing power, officials say.The state-owned Trading Corporation of Bangladesh (TCB) will sell essential commodities in different parts of...

Verdict in Destiny Cooperative case today

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

A Special Court in Dhaka will deliver the judgment today (Thursday) in a case filed against 46 people, including Destiny Group President Harun-Ar-Rashid and Managing Director Rafiqul Amin, for allegedly embezzling Tk 18.61 billion through Destiny Multipurpose Cooperative Society Limited....

Fisheries ministry seeks 25pc cash incentive on chilled fish export

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

The Ministry of Fisheries and Livestock has requested the commerce ministry to take necessary steps to provide a 25-per cent cash incentive on the export of chilled fish, officials said.In January last, Bangladesh Live and Chilled Food Exporters Association requested...

Soldiers check documents

2022-05-12 00:00:00

Soldiers check documents of a driver at a road checkpoint in Colombo on Wednesday. Sri Lankan police have been ordered to go on the offensive and use live ammunition to stop rioting after another night of sporadic arson attacks —...

Encourage children in sports: PM

2022-05-12 00:00:00

Prime Minister Sheikh Hasina on Wednesday underscored creating opportunities for sports, exercise and cultural activities for everyone saying these are inevitable elements for building a nation, reports UNB."Sports, exercise and cultural activities are inevitable for a nation," she said while...

'Padma Bridge to open in last week of June'

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

Road Transport and Bridges Minister Obaidul Quader on Wednesday reiterated that the Padma Bridge will certainly be inaugurated in the last week of June, and the date will be announced after receiving the Prime Minister's (PM) schedule."I am saying that...

BBA board members for going slow with the plan

MUNIMA SULTANA | 2022-05-12 00:00:00

The board members of Bangladesh Bridge Authority (BBA) have proposed to go slow with the plan to develop a subway network in Dhaka city, aiming to relieve the commuters of construction-related hazards.Their stance on the issue came at the BBA's...

Briefing 12-05-2022

2022-05-12 00:00:00

Dhaka stocks plunge on panic saleStocks fell sharply on Wednesday as the jittery investors went for panic-driven sell-offs amid concerns over the country's macroeconomic situation. The market opened lower and the downturn continued until the end of the session with...

Prayer Timings (2022-05-12)

2022-05-12 00:00:00

Hajj cost increases

2022-05-12 00:00:00

Pilgrims will have to spend more to perform hajj this year as the minimum cost under government management has been fixed at Tk 462,150, raising the expense by Tk 1,02,150 compared to 2020, reports UNB.Under government management, Tk 5,27,340 has...

Forex falls fast on import financing, mkt feeding

Siddique Islam | 2022-05-12 00:00:00

Bangladesh's foreign-exchange reserves fell to US$41.95 billion following the feeding of the dollar-hungry money market over the months and a latest large import payment. Official sources say the central bank has pumped over US$5.0 billion into the market from reserves...

Less-priority projects being ditched

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

A crunch time prompts Bangladesh to go for deferring implementation of less-priority development projects to curtail spending from its foreign-exchange reserves. Finance Minister AHM Mustafa Kamal Wednesday unveiled the government's belt-tightening plan, a day after the country's central bank virtually...

TIB study reveals Tk 3.90b corruption

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

A TIB study has identified irregularities involving an amount of around Tk 3.90 billion in three under-construction power plants.The alleged corruption has taken place in the process of purchasing land, its acquisition and paying compensation to the land-owners, according to...

Chiefs of three bodies barred from board of subsidiary

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

Chairmen of three top policy-making committees of any bank will not be able to hold any post of its subsidiary company or foundation. The central bank of Bangladesh imposed the restriction in a circular on Wednesday. "If any chairperson of...

Corporates hesitant to confide docs to CAs

DOULOT AKTER MALA | 2022-05-12 00:00:00

Corporate taxpayers appear hesitant about providing necessary financial documents to the chartered accountants for verification, slowing tax-return submission and causing evasion by many.All of the financial statements have to be verified through Document Verification System (DVS) from this year and...

Weather (2022-05-12)

2022-05-12 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Rangpur, Rajshahi, Dhaka, Mymensingh, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24-hour from 06:00 am today (Thursday), according to the...

Dhaka Regency Hotel organised a programme

2022-05-12 00:00:00

Dhaka Regency Hotel and Resort organised a programme recently marking International Mother's Day, with the participation of high officials, associates and all its female employees

Traders selling fish keeping them alive

2022-05-12 00:00:00

In an avid attempt to attract customers, traders selling fish keeping them alive in polythene bags filled with water. The picture was snapped from a shop at Karwan Bazar fish market in the city on Wednesday — FE Photo

Disaster management know-how cuts loss

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

Proper knowledge of natural disaster management can help victims significantly minimise damage during any catastrophe, speakers tell a seminar.State initiatives aside, they say, mobilising social capitals are also important in this regard.The views were made at a seminar styled 'The...

Manpower recruiters demand level-playing field for all agents

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

Manpower recruiters on Wednesday demanded that the authorities concerned ensure level-playing field for all legitimate recruiting agencies by scrapping the 25-agency syndicate involved in sending workers to Malaysia.The recruiters made the demand at a press conference at the city's National...

No sign of immediate Rohingya return: USAID

FE Report | 2022-05-12 00:00:00

USAID Deputy Administrator Isobel Coleman said on Wednesday there is no sign of repatriation of Rohingyas in near future despite their eagerness to go back to their homeland Myanmar."Unless a safe environment is in place for a dignified, voluntary and...

Indictment hearing in two cases against Khaleda May 26

2022-05-12 00:00:00

A court in the city on Wednewday set May 26 for holding hearing on charge framing in two cases-- observing fake birthday on National Mourning Day and stigmatizing the War of Liberation-- lodged against BNP Chairperson Begum Khaleda Zia.Wednesday was...

AL wants EVM to rig votes: BNP

2022-05-12 00:00:00

BNP senior leader Iqbal Hasan Mahmud Tuku on Wednesday alleged that the ruling Awami League wants the Electronic Voting Machines (EVMs) to be used in all 300 seats in the next national election as part of its fresh plot to...

Expelled JL leader Samrat released on bail

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

Expelled Jubo League leader Ismail Hossain Chowdhury Samrat has been released from jail after he got bail in a corruption case filed against him by the Anti-Corruption Commission (ACC). He was released around 4:30pm on Wednesday from prison cell of...

Amnesty, RSF, TIB lost credibility

2022-05-12 00:00:00

Information and Broadcasting Minister Hasan Mahmud on Wednesday came down heavily on the organisations like Amnesty International, RSF and TIB for what he said their biased reporting on human rights, press freedom and corruption in Bangladesh, reports UNB."These organisations have...

Failed BNP leaders should resign, says Quader

2022-05-12 00:00:00

Awami League General Secretary Obaidul Quader on Wednesday said the failed BNP leaders, including its secretary general Mirza Fakhrul Islam Alamgir, should resign from their party, reports UNB.He made the remark while speaking at a press conference after joining the...

Two promoted as DMDs of NCC Bank

2022-05-12 00:00:00

Mohd. Rafat Ullah Khan and Md. Zakir Anam have recently been promoted to the post of Deputy Managing Director (DMD) of NCC Bank Ltd. Prior to this promotion, Mohd. Rafat Ullah Khan was discharging his duties of Head of Credit...

Promoted as GM of ICB

2022-05-12 00:00:00

Mr. Mohammad Zaker Hossain was recently promoted to the post of GM of the Investment Corporation of Bangladesh (ICB). Prior to his promotion, he was Deputy General Manager of ICB. During his past service tenure he worked for the Capital...

MARICO Bangladesh launches Parachute SkinPure

2022-05-12 00:00:00

MARICO Bangladesh launched Parachute SkinPure Face Wash for the very first time in Bangladesh. This Brightening Facewash comes in 3 variants: Parachute SkinPure Ggoat Milk Brightening Facewash, Parachute SkinPure Aloe Vera Brightening Facewash, Parachute SkinPure Orange Brightening Face Wash. Parachute...