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Check 32 CoO certificates

FE REPORT | 2022-05-07 00:00:00

India reminded Bangladesh last month (April) to check and let it know the authenticity of 32 country-of-origin (CoO) certificates which were issued under the South Asian Free Trade Area (SAFTA) deal, sources said.India sent the copies of these certificates to...

Bangladesh ranks 5th on global Covid recovery index

FE REPORT | 2022-05-07 00:00:00

Bangladesh has ranked 5th out of 121 countries and become the best in the South Asian region in the latest Nikkei Covid-19 Recovery Index.Compared to March, 2022, Bangladesh's rank improved eight notches from 13th to 5th as of April 30...

Chandrima Udyan

2022-05-07 00:00:00

Krishnachura trees are in full bloom with their fiery orange blossoms at the Chandrima Udyan in Dhaka's Sher-e-Bangla Nagar. The spectacular view offers some relief to people visiting the park, a popular recreational spot in the city. The photo was...

Oil anarchy on even after price hike

FE REPORT | 2022-05-07 00:00:00

Volatility on the edible-oil market still prevails even after a record-breaking price raise by the government as groceries almost ran dry of the cooking oils on Friday.The result is obvious: consumers' desperate but failed attempt for buying some soybean and...

Beijing now spotlights $1.0b Teesta project

Mir Mostafizur Rahaman | 2022-05-07 00:00:00

The much-talked-about multipurpose project on Teesta river management is now considered a priority one by China and the authorities in Beijing are tasked with its evaluation, competent sources said.Bangladesh has sought US$938.27 million in loan from China to implement the...

Weather (2022-05-07)

2022-05-07 00:00:00

Rain/thunder showers with intense lightning flashes and temporary gusty/squally wind is likely to occur at a few places over Rangpur, Mymensingh and Sylhet divisions in the next 24-hour from 06:00 am today (Saturday), according to the Met Office.It may also...

News in Brief (2022-05-07)

2022-05-07 00:00:00

Two die in road crashNARAYANGANJ, Apr 06: Two youths riding a bike were crushed under the wheels of a car on Dhaka-Araihazar Road in Narayanganj on Thursday, police said. The deceased were identified as Laden, 18, a resident of Shilmandi...

Gulshan intersection wore a deserted look

2022-05-07 00:00:00

Gulshan intersection wore a deserted look on Friday with a large chunk of the city's population still remaining off to celebrate Eid-ul-Fitr — Focus Bangla

Ctg zoo bedeviled by dearth of staff

2022-05-07 00:00:00

In the past three decades since its inception, the Chattogram Zoo has grown both in size and the number of animals it houses; but the same cannot be said about its workforce.The port city zoo is operating without a curator...

Doa mahfil for Muhith today

2022-05-07 00:00:00

A doa mahfil for the salvation of the departed soul of former finance minister Abul Maal Abdul Muhith will be held at Gulshan (Azad) mosque in the city today (Saturday), reports UNB.The doa mahfil will be held after Asr prayers,...

BD businessman shot dead in Manila

2022-05-07 00:00:00

A Bangladeshi businessman has been shot dead by unidentified gunmen in Metro Manila, the capital of the Philippines, reports UNB.The deceased was identified as Anwar Hossain, 63, of Munshiganj district. He was president of Bangladesh Garment Traders Association Philippines Corporation.Anwar...

Quader blames Russia-Ukraine war for hike in edible oil price

2022-05-07 00:00:00

NARAYANGANJ, May 06 (UNB): The price of soybean oil has increased in Bangladesh on grounds of its rise in the global market as the fallout of Russia's war with Ukraine, said Road Transport and Bridges Minister Obaidul Quader on Friday.The...

ACC sues five NSU trustees, land developer

FE REPORT | 2022-05-07 00:00:00

The Anti-Corruption Commission (ACC) Thursday filed a case against six people including five members of board of trustees of North South University (NSU) for allegedly embezzling over Tk 3.03 billion from the university's fund. According to the commission, the accused...

People returning to the capital

2022-05-07 00:00:00

Photographed from Kamalapur railway station in the city on Friday, people returning to the capital after celebrating Eid-ul-Fitr with near and dear ones at their native homes — Focus Bangla

PM urges engineers to play effective role in building infrastructure

2022-05-07 00:00:00

Prime Minister Sheikh Hasina has urged engineers to play more effective role in constructing infrastructure suitable to cope with adverse impacts of climate change, reports BSS."Engineers must play more effective role in building infrastructure tolerant to climate change and its...

Sec 144 imposed at Bauphal AL office

2022-05-07 00:00:00

The local administration has prohibited public gatherings in and around the Awami League (AL) office in Bauphal upazila of Patuakhali after two factions of the ruling party called press conferences which were scheduled to run simultaneously at the same venue,...

People's happiness makes BNP sad: Quader

2022-05-07 00:00:00

Road Transport and Bridges Minister Obaidul Quader said on Friday happiness of the country's people makes BNP sad, reports BSS.He also expressed his satisfaction over the comparatively easy commuting of people to and from the capital marking Eid as the...

Ahsanullah Master's 18th death anniv today

2022-05-07 00:00:00

The 18th death anniversary of the Independence award winning veteran freedom fighter Ahsan Ullah Master will be observed today (Saturday), reports BSS. On this occasion, Shaheed Ahsan Ullah Master Foundation and Shaheed Ahsan Ullah Master MP Smriti Parishad have chalked...

Three more put on remand

2022-05-07 00:00:00

A Dhaka court placed on Friday three more people, including a student of Dhaka College, on a three-day remand in two cases filed over the recent violence in New Market area, reports UNB.Dhaka Metropolitan Magistrate Md Mosharraf Hossain passed the...

Oil price hiked to protect ruling quarter's interest: BNP

2022-05-07 00:00:00

BNP on Friday demanded that the government withdraw its decision to increase the price of soybean oil, alleging the move was taken to protect interest of the ruling quarters, reports UNB."After the meeting of the mill owners with the Commerce...

BNP's politics is to spread anti-state falsehood: Hasan

2022-05-07 00:00:00

COX'S BAZAR, May 6, 2022 (BSS): Information Minister Dr Hasan Mahmud said on Friday the politics of BNP is to spread rumours and anti-state falsehood as they cannot see unprecedented development in the country."We couldn't see BNP, Jamaat or any...

News Briefs (2022-05-07)

2022-05-07 00:00:00

CAPM declares Unit Fund NAVCAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 87,535,253.53 on the basis of cost price and 101,934,583.99 on the basis...

Shares in Asia-Pacific decline

2022-05-07 00:00:00

SINGAPORE, May 6 (CNBC): Shares in Asia-Pacific largely declined on Friday after an overnight drop on Wall Street sent the Dow Jones Industrial Average to its worst day since 2020.Hong Kong's Hang Seng index led losses regionally as it fell...

Musk to lead Twitter temporarily after $44b takeover

2022-05-07 00:00:00

Elon Musk is expected to become Twitter's temporary CEO after closing his $44 billion takeover of the social-media firm, a person familiar with the matter said on Thursday, as the billionaire inches closer to securing funds for the deal, reports...

'A big recession in the making'

2022-05-07 00:00:00

LONDON, May 6 (CNBC): The CEOs of several European blue chip companies have told CNBC that they see a significant recession coming down the pike in Europe.The continent is particularly vulnerable to the fallout from the Russia-Ukraine war, associated economic...

Meghna Ins IPO subscription opens on May 11

FE REPORT | 2022-05-07 00:00:00

The initial public offering (IPO) of Meghna Insurance Company will open for subscription on May 11, aiming to raise Tk 160 million from the capital market.Investors can make the IPO subscription through the electronic subscription system of the stock exchanges...

Most listed banks post higher EPS growth in 2021

BABUL BARMAN | 2022-05-07 00:00:00

Most of the listed banks posted higher profits in 2021, compared to the previous year, largely due to higher operating income.According to market insiders, the central bank's latest relaxation on provisioning, bullish stock market and record imports and exports helped...

Uganda weighs issuance of digital currency

2022-05-07 00:00:00

KAMPALA, May 6 (Reuters): Uganda's central bank is considering whether to issue a digital currency and has not banned cryptocurrencies, but has concerns about risks from the technology including consumer protection and financial inclusion, a senior bank official said on...

BoE flags risk of recession

2022-05-07 00:00:00

LONDON, May 6 (Reuters): The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10 per cent as it raised interest rates on Thursday to their highest since 2009, hiking by...

Strong demand lifts Indian rice export prices

2022-05-07 00:00:00

Export prices of rice from India rose this week on increasing demand from Asia and Africa, while dwindling supplies of the staple lifted Vietnamese rates, reports Reuters.Top exporter India's 5 per cent broken parboiled variety was quoted at $363-$367 per...