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Central bank should act to arrest inflation

Asjadul Kibria | 2022-04-24 00:00:00

Persistent rise in inflation in Bangladesh has now been officially recognised by the national statistical agency. The monthly rate of inflation crossed 6.0 per cent level in February last to hit a 16-monht high mainly due to rise in prices...

Reining in indiscriminate loan interest waivers

2022-04-24 00:00:00

The decision of the Bangladesh Bank (BB) to rein in indiscriminate waiving of interest on loans by a section of banks has been long overdue. Unrestrained interest waivers and loan write-offs are viewed as two major problems facing the banking...

Jamuna Bank inaugurated "Anindya Majumder Call Center"

2022-04-23 12:00:00

Jamuna Bank Ltd inaugurated "Anindya Majumder Call Center" at MHB Bhaban, Dhaka. The Chairman of the Bank, Gazi Golam Ashria inaugurated the call center. Chairman of Jamuna Bank Foundation, Al-Haj Nur Mohammed, Director of the Bank, Kanutosh Majumder and Managing...

Keeping a comfortable reserve of foreign currency

Syed Fattahul Alim | 2022-04-23 12:00:00

With the low-income earners' back to the wall as the cost of living is going up irrationally, the government is learnt to have decided to control import of luxury items. Though not having any direct impact on the lives of...

Half-point rate hike 'on the table' at May Fed meeting: Powell

2022-04-23 00:00:00

WASHINGTON, April 22 (AFP) : The Federal Reserve may opt to hike interest rates by half a percentage point at its policy meeting next month in a bid to battle record US inflation, the central bank's Chair Jerome Powell said...

Eurozone growth speeds up in April despite Ukraine war

2022-04-23 00:00:00

BRUSSELS, April 22 (AFP): Economic growth in the eurozone accelerated and hit a seven-month high in April, a key survey showed on Friday, despite concerns about inflation and Russia's war in Ukraine.The closely-watched monthly purchase managers' index (PMI) by S&P...

Moscow aims to capture southern Ukraine

2022-04-23 00:00:00

KYIV/MARIUPOL, April 22 (Reuters): A Russian general said on Friday that Moscow wants to seize all of southern and eastern Ukraine, far wider war aims than it had acknowledged as it presses on with a new offensive after its campaign...

Covid deaths nil, 21 new cases

FE REPORT | 2022-04-23 00:00:00

Bangladesh reported zero death from Covid-19 and 21 new virus cases on Friday, according to official data.The figures were zero and 45 respectively on Thursday.With the latest daily count, the total fatalities from coronavirus reached 29,127 since the virus was...

Govt imposes fishing ban in Kaptai Lake from May 1

Nazimuddin Shyamol | 2022-04-23 00:00:00

CHATTOGRAM, Apr 22: The government will impose a three-month ban from May 1 on fishing in Kaptai Lake, the biggest man-made lake in Bangladesh and largest breeding place of carp fish in Chattogram division. The ban will stay in force...

150 people sued over death of shop worker Morsalin

2022-04-23 00:00:00

A fourth case has been started in connection with the violent clashes between Dhaka College students and shop workers in Dhaka's New Market area that left two people dead.Nur Mohammad, the elder brother of Md Morsalin, a shop worker who...

Eidflation upsets shoppers amid buying pickup

SAJIBUR RAHMAN and SM NAJMUS SAKIB | 2022-04-23 00:00:00

Fashion businesses, which had rued sale slump during the last two consecutive Eid festivals for the pandemic, now hope to recover the losses in a bold rebound. They sounded upbeat Friday as a growing number of shoppers started thronging Dhaka's...

Tourism sector eyeing bounceback on Eid

Saif Uddin | 2022-04-23 00:00:00

The country's tourism sector, which has been one of the worst-affected sectors amid the pandemic, is planning to make an upturn during the upcoming Eid-ul-Fitr festival, as the virus-outbreak situation has improved significantly here.However, outbound tourism from Bangladesh is likely...

Catching ban in sanctuaries pushes up fish cost

Yasir Wardad | 2022-04-23 00:00:00

Prices of fish, which got costlier during the onset of Ramadan increased further last week which traders attributed to the ongoing 2-month fishing ban in Hilsa sanctuaries. Besides fish, other essentials, including onion and lentil, also witnessed a slight hike...

Briefing 23-04-2022

2022-04-23 00:00:00

Leaders of 2 Koreas exchange letters The leaders of the rival Koreas exchanged letters expressing hope for improved bilateral relations, which plummeted in the past three years amid a freeze in nuclear negotiations and North Korea's accelerating weapons development. Page...

Sehri, Iftar & Prayer Timings (2022-04-23)

2022-04-23 00:00:00

Cholera jab drive in Dhaka from early May

FE Report | 2022-04-23 00:00:00

The government has decided to start inoculating people in the city against cholera from early next month.At the initial stage, the special vaccination drive will be launched in the most diarrhoea-prone areas of the capital having hospitals packed with too...

Exclusive multipurpose abode for migrants ready

ARAFAT ARA | 2022-04-23 00:00:00

A dedicated multipurpose centre close by Dhaka's airport is going to operate its services for migrant workers to alleviate accommodation problem during departure and return.The 49-seated Bangabandhu Wage Earners Centre (BWEC) has been established on about a 160-katha plot of...

Iran seeks to buy BD ro-ro ships, hire cruiser

REZAUL KARIM | 2022-04-23 00:00:00

An Iranian company eagerly seeks to purchase six roll-on roll-off (ro-ro) ships and hire a cruiser from Bangladesh.TT Tejarar Gostaresh Kish, a member of Kish Merchant Association, has recently shown its purchasing interest to Bangladesh mission in Iran.The Bangladesh embassy...

Zonal ISPs have to buy bandwidth from IIG service providers

FE REPORT | 2022-04-23 00:00:00

The country's internet service providers (ISPs) in thana/upazila level must purchase bandwidth from international internet gateway (IIG) service providers from July 1. According to a recent letter of the Bangladesh Telecommunication Regulatory Commission (BTRC), the zonal ISPs also have to...

Nor'wester lashes Dhaka -

2022-04-23 00:00:00

An afternoon nor'wester swept the capital city on Friday compounding sufferings for the Eid shoppers, reports UNB.The Met Office recorded 33.40mm of rainfall between 3.00pm and 4.30pm in Dhaka city.Till 6pm, 37mm rainfall was recorded in the capital. The windspeed...

PC refuses to seal project

FHM HUMAYAN KABIR | 2022-04-23 00:00:00

A donor-funded project on flood-shelter construction fails to get through for what planners say improper selection of executing agency and unusual overhead cost on some components, insiders say.The project-evaluation committee (PEC) of the Planning Commission has sent back the World...

Weather (2022-04-23)

2022-04-23 00:00:00

Rain/thunder showers with lightning accompanied by 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 occur...

Justice Abdul Jabbar Khan's death anniv today

2022-04-23 00:00:00

The 38th death anniversary of Justice Abdul Jabbar Khan, a former Speaker of the then Pakistan national assembly, will be observed with special prayer sessions today (Saturday), says a press release.Abdul Jabbar Khan, also a former president of the East...

Hundreds of vehicles stranded at Paturia

2022-04-23 00:00:00

MANIKGANJ, Apr 22 (UNB): Hundreds of buses, cars and trucks remained stranded at Paturia Ghat on Friday due to the onrush of homebound people ahead Eid-ul-Fitr.A long tailback has been seen on Paturia road since the morning.Bangladesh Inland Water Transport...

Question leak in primary teachers' recruitment test is rumour: State minister

2022-04-23 00:00:00

The information of question paper leakage through social media in the recruitment examination for the post of assistant teacher in primary schools is an absolute rumour, said State Minister for Primary and Mass Education Md Zakir Hossain on Friday, reports...

Four businesses fined for violating rules

FE REPORT | 2022-04-23 00:00:00

The Directorate of National Consumer Rights Protection (DNCRP) carried out drives on Friday against some business entities at Karwanbazar, Mohakhali, Elenbari, and East Nakhalpara areas and fined four business establishments a total of Tk 18,000 for violating the existing rules....

Zahid Maleque visits BDS admission test centre

2022-04-23 00:00:00

Health Minister Zahid Maleque visits Bachelor of Dental Surgery (BDS) admission test centre at Government Titumir College in the city on Friday — PID Photo

Efforts on to improve varsities' world ranking, says Dipu Moni

2022-04-23 00:00:00

CHANDPUR, Apr 22 (UNB): Education Minister Dr Dipu Moni on Friday said that different factors are considered to rank universities worldwide. "There are some issues with the world ranking in education that we don't understand. So, we are giving emphasis...

Experts worry about safe waterway journey for holidaymakers

2022-04-23 00:00:00

With less than two weeks left for Eid-ul-Fitr, rundown and faulty launches are being refurbished and repaired to sail on river routes across the country during the huge rush of holidaymakers, endangering hundreds of lives, reports UNB.At least 30 defective...

Businessman dies in police custody in B'baria

2022-04-23 00:00:00

BRAHMANBARIA, Apr 22 (UNB): A 40-year-old businessman died allegedly in police custody in Brahmanbaria on Thursday, his family said.The dead is Najir Ahmed, son of Obaidullah, a resident of Sarail upazila.The victim's family members alleged Najir died due to police...