Considering the importance of the main gateway of the country's external trade, the need for improving the Chattogram (Ctg) seaport's operational capacity cannot be overemphasised. The drastic fall in the Ctg port's cargo handling capacity during the recent Eid holidays...
Md Nur-E-Alom Siddique and Md Abir Hossain | 2022-05-11 00:00:00
Exchange rate misalignment influences the economic performance of a country especially when it comes to developing countries like Bangladesh. The impact of exchange rate misalignment on growth is more relevant in developing countries than in developed countries. According to D....
MUNIMA SULTANA | 2022-05-10 12:00:00
The long-awaited 6.15-kilometre Padma Bridge is likely to open to traffic on June 25 as work on the country's longest infrastructure has been done within timeline.Official sources, however, say the inaugural date, due to be disclosed by the prime minister...
M A Taslim | 2022-05-10 12:00:00
The spectacular unravelling of the Sri Lankan economy over the last few years and its eventual collapse very recently have attracted wide attention. The miseries wrought by the ensuing economic crisis on the ordinary Lankans have alarmed some observers that...
Vice Chancellor of Bangladesh Open University (BOU) Prof. Dr. Syed Humayun Akhter (centre) addressing a views exchange meeting with officers and employees of the BOU's Bogura regional centre and its affiliated sub-centres at the regional centre office on Monday, chaired...
FE REPORT | 2022-05-10 00:00:00
Bangladesh reported 30 new Covid-19 cases and zero death from the virus on Monday.With this, the country witnessed zero Covid death for the 19th consecutive day.The figures were twenty-three and zero respectively on Sunday, according to the Directorate General of...
FE REPORT | 2022-05-10 00:00:00
The central bank on Monday lowered the value-addition threshold for the country's garment exporters to 20 per cent from 30 per cent for the current fiscal year.Apparel exporters will now get cash incentives or financial assistance from the government on...
Severe cyclonic storm Asani, placed over west central Bay and adjoining area, moved north-northwestwards over the same area, reports UNB.It was centered at evening on Monday about 1100 Kms Southwest of Chattogram port, 1045 kms Southwest of Cox's Bazar port,...
FE Report | 2022-05-10 00:00:00
Voicing concern over the draft Data Protection Act-2022, Transparency International Bangladesh (TIB) fears that it could become 'another black law' through establishing administrative control in the name of personal protection.At a virtual discussion on its evaluation of the proposed act,...
A Rapid Action Battalion mobile court fined three grocery shops Tk150,000 for illegal stockpiling of soybean oil and sale at exorbitant prices in the Jatrabari area of the capital on Monday, reports UNB.An operational team of RAB-3 got secret information...
FE REPORT | 2022-05-10 00:00:00
The country's single-month export earnings in April 2022 grew by over 51 per cent to US$4.73 billion year-on-year riding on the resilient rebound in apparel shipments. Of the amount, Bangladesh fetched $3.93 billion from ready-made garment (RMG) exports last month,...
FE REPORT | 2022-05-10 00:00:00
Bangladesh calls US entrepreneurs for diversification of their investments here as 90 per cent of the US investment is currently in the energy sector."We told the US businessmen that they should pour investment in other sectors apart from the energy...
Prime Minister Sheikh Hasina on Monday sought support from the Asian Development Bank (ADB) to implement Delta Plan 2100, reports UNB."This Delta Plan is very important for Bangladesh," she told ADB vice president (operations-1) Shixin Chen when he called on...
DSE turnover exceeds Tk 12b mark Daily trade turnover on Dhaka Stock Exchange (DSE) crossed Tk 12 billion mark on Monday, after nearly three months, as buoyant investors put fresh funds on stocks anticipating positive momentum ahead. Turnover stood at...
This three-member family, riding a bike, is probably returning to Dhaka residence from their village home after the Eid holiday. But a closer look shows two of the riders, including the kid, asleep, which may lead to a fatal accident...
COLOMBO, May 9 (Agencies): Sri Lankan Prime Minister Mahinda Rajapaksa quit on Monday after a day of violence saw three people including an MP killed and over 150 wounded as government supporters armed with sticks and clubs attacked protestors.Lawmaker Amarakeerthi...
Doulot Akter Mala | 2022-05-10 00:00:00
The revenue authority collected Tk 2.04 trillion or 62 per cent of the total tax revenue target for the entire fiscal year (FY) 2021-22 until March - leaving a large task for its last or fourth quarter (Q4) from April...
SIDDIQUE ISLAM | 2022-05-10 00:00:00
The exchange rate of Bangladesh taka (BDT) again dropped against the US dollar (US$)- mainly due to higher demand for the greenback for settling import-payment obligations.The local currency lost its value by 25 paisa in the inter-bank foreign exchange (forex)...
FE REPORT | 2022-05-10 00:00:00
Bangladesh too may get into "discomfort" with its foreign debt after the fiscal year 2024-25 particularly following big borrowings for megaprojects having little immediate returns, says CPD's Dr Debapriya Bhattacharya.The distinguished fellow of the Centre for Policy Dialogue or CPD,...
FE REPORT | 2022-05-10 00:00:00
A section of relevant traders is to blame for the edible-oil crisis in Bangladesh as indicated by Commerce Minister Tipu Munshi while lamenting his misplaced trust on the traders regarding the pricing. "I requested traders not to hike edible-oil price...
Rain/thunder showers with intense lightning flashes and temporary gusty/squally wind is likely to occur at most places over Barishal and Chattogram divisions in the next 24-hour from 06:00 am today (Tuesday), according to the Met Office.It may also occur at...
A moment of 'Golden Jubilee Bangladesh Concert' held at the Madison Square Garden in New York, USA recently. The Bangladesh Hi-Tech Park Authority organised the concert in cooperation with eight leading companies, marking the Golden Jubilee of Bangladesh's Independence and...
KG Mostafa, the legendary lyricist of numerous evergreen songs from the golden era of Bengali cinema, passed away on Sunday night at the age of 84, reports UNB.A senior member of the National Press Club, Mostafa breathed his last at...
One person was killed and another one got injured when a passenger bus hit a CNG-run auto-rickshaw in the city's Kalabagan area on Monday, reports UNB. The victim was identified as Ujir Ahmed, 55, a fast food trader. Son of...
This year's Higher Secondary Certificate (HSC) exams are likely to start on August 22 with curtailed syllabus and fewer marks than usual, reports UNB.Students will have two hours to write the exams - 20 minutes for multiple-choice questions (MCQs) and...
FE Report | 2022-05-10 00:00:00
The cyclonic storm 'Asani' formed in the Bay of Bengal started impacting parts of the coastal region from Monday noon with heavy rain and wind, posing threat to standing Boro crops. Dearth of agricultural labourers is also mounting woes of...
Anti-Corruption Commission ( ACC) on Monday approved the case against the suspended vice-president of Dhaka Mohanagar Jubo League Enamul Haque Arman in connection with the casino scandal, reports UNB.The case was filed with Dhaka Coordinated Office, ACC-1 after the investigation...
RAJSHAHI, May 09 (UNB): A local leader of Bangladesh Chhatra League, who's pictures holding firearms went viral on social networking site Facebook, was held from Rajshahi on Monday, said RAB.The arrestee is Abu Bakar Siddique alias Ratul, son of Mostafa...
CUMILLA, May 09 (UNB): Two people were shot during a clash between activists of ruling party student front Bangladesh Chhatra League and the Liberal Democratic Party (LDP) on Monday on Redwan Ahmed College premises in Chandina upazila of Cumilla.After the...
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