FE Today Logo

Search results for:


Marico to pay lowest dividends in 11 years despite 19pc profit growth

FARHAN FARDAUS | 2024-05-01 00:00:00

Marico Bangladesh has declared a cash dividend of Tk 20 per share, the lowest in 11 years, for the fiscal year ended in March this year, despite a 19 per cent year-on-year growth in net profit. The manufacturer of famous...

Most drug makers' revenue growth fails to propel profit as much

BABUL BARMAN | 2024-05-01 00:00:00

Leading drug makers showed a double-digit revenue growth year-on-year in the nine months through March this year, but the rise in their profits was much slower in comparison during the period for escalation in business cost. Increased raw material prices,...

Heatwave likely to abate

2024-05-01 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at a few places over Sylhet division and at one or two places over Chattogram division with hails at isolated places until 06:00 pm today (Wednesday), according to the...

Three Transcom Group officials get bail in two cases

2024-05-01 00:00:00

A Dhaka court has granted bail to three Transcom Group officials in two separate cases of embezzlement and illegal transfer of company shares, reports BSS.Dhaka Additional Chief Metropolitan Magistrate Tofazzal Hossain accepted the bail plea from the trio -- Transcom...

Buet students call off class, exam boycott

2024-05-01 00:00:00

Students of Bangladesh University of Engineering and Technology (Buet) have decided to sit for the examinations, reports UNB. They were boycotting all sorts of academic activities in protest against Bangladesh Chhatra League (BCL)'s move to restore political activities on the...

Death anniv of industrialist Seraj Uddin Ahmed today

2024-05-01 00:00:00

The 39th death anniversary of Seraj Uddin Ahmed, founder chairman of Elite Paint Group of Companies, will be observed today (Wednesday), says a press release. He was also the founder director of Arab Bangladesh Bank Ltd, former president of Chittagong...

Participants pose for photograph at a discussion on 'Labour Laws and Challenges in Protecting the Rights of Workers in Bangladesh'

2024-05-01 00:00:00

Participants pose for photograph at a discussion on 'Labour Laws and Challenges in Protecting the Rights of Workers in Bangladesh' organised by Center for Migration Studies (CMS) and the Department of Law on the North South University campus in the...

'ERF-PRAN Media Award' launched

FE REPORT | 2024-05-01 00:00:00

Agro processing company PRAN and the Economic Reporters' Forum (ERF) have jointly introduced first ever 'ERF-PRAN Media Award'.The award will recognise journalists for their outstanding reports on the agro-processing sector in the country.The announcement was made at a press conference...

USAID to give $26m to help control infectious diseases

FE REPORT | 2024-05-01 00:00:00

The United States Agency for International Development (USAID) is launching its new USAID One Health Project to improve infectious disease prevention and control in Bangladesh.Working with the US Congress, USAID will provide up to $26 million over five years and...

Train fare hiked to benefit bus owners: BJKS

FE REPORT | 2024-05-01 00:00:00

The railway authorities are desperate to give special benefits to long-route bus owners by increasing train fares in the name of withdrawal of rebate facilities, alleged Bangladesh Jatri Kalyan Samiti (BJKS) on Tuesday. Now, the train fares have become higher...

Some BUET students demand action against extremist threats

2024-05-01 00:00:00

Some students from the Bangladesh University of Engineering and Technology (BUET) have made a call for taking urgent action following a distressing cycle of death threats and cyberbullying allegedly by members of the Islami Chhatra Shibir and extremist groups, reports...

BNP expels four more leaders for contesting upazila polls

2024-05-01 00:00:00

The BNP has expelled its four more grassroots leaders for participating in the first phase of upcoming upazila elections violating the party's decision, reports UNB.The punitive action was taken against the party leaders as per its constitution, said a press...

Arafat urges govt officials to work upholding Liberation War spirit

2024-05-01 00:00:00

State Minister for Information and Broadcas-ting Mohammad Ali Arafat on Tuesday urged the government officials to work with utmost sincerity showing maximum loyalty to the state by keeping the country's foundation intact that was built through the Liberation War, reports...

AL risking its existence by holding unilateral polls: Farroque

2024-05-01 00:00:00

Jatiyatabadi Sramik Dal, the labour wing of BNP, is set to hold a rally in the city today (Wednesday) to mark the historic May Day, reports UNB.The rally is scheduled to begin at 3pm in front of BNP's Nayapaltan central...

Amended labour law to ensure 15pc trade union threshold: Anisul

2024-05-01 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Huq on Tuesday said amendment is being brought to the labour law, keeping the provision of 15 per cent trade union threshold in all the factories in the country."As long as the labour...

Power Division calls for markets to close at 8pm

2024-05-01 00:00:00

The Power Division has urged shopping malls and commercial establishments to close at 8pm in order to ensure uninterrupted power supply amid the ongoing heatwave.The Ministry of Power, Energy, and Mineral Resources has also issued a notification urging customers to...

Road-digging work by the DPDC in the capital's Shantinagar area

2024-05-01 00:00:00

The road-digging work by the DPDC in the capital's Shantinagar area for laying high-voltage electric cable underground is going on at a slow pace, thereby disrupting both vehicular as well as pedestrian movement. — FE Photo by Asad-Uz-Zaman

Hilsa fishing resumes after two-month ban

2024-05-01 00:00:00

Fishermen were scheduled to resume Hilsa fishing from Tuesday midnight as a two-month ban on catching, selling and transporting of the national fish came to an end.In an effort to boost the production of Hilsa, the government imposed a two-month...

NOAB, Editors' Council slam ban on journos' access to BB

FE REPORT | 2024-05-01 00:00:00

The Newspaper Owners' Association of Bangladesh (NOAB) and the Editors' Council in a joint statement on Wednesday criticised the restriction imposed on journalists' entry into the Bangladesh Bank headquarters. Both the organisations demanded ensuring free access of financial journalists to...

DMTCL yet to relocate utilities though physical work set to begin in Dec

MUNIMA SULTANA | 2024-05-01 00:00:00

Despite the planned physical work start of the Mass Rapid Transit Line-1 in December this year, the project authorities have yet to get the utility lines relocated thanks to "non-cooperation" from two Dhaka city corporations and the Roads and Highways...

HC discharges rule over probe

FE REPORT | 2024-05-01 00:00:00

The High Court (HC) on Tuesday discharged a rule issued over the inaction of the government agencies concerned in taking steps to probe the alleged irregularities in loan disbursement by Islami Bank Bangladesh Ltd, Social Islami Bank Ltd and First...

Impact on economic growth can be substantial: Analysis

SAIF UDDIN | 2024-05-01 00:00:00

Increased exports of ICT products and services would play a vital role in short- and long-term macroeconomic growth of Bangladesh, says a latest research, suggesting the need for attracting foreign direct investment (FDI) and investing in human resources.In the short...

International lenders to provide $121.55m in project finance

FE REPORT | 2024-05-01 00:00:00

Asian Development Bank (ADB) will arrange a loan of US$121.55 million for a local private company to set up a 100-megawatt solar power plant in Pabna.The Manila-based lender signed an agreement with Dynamic Sun Energy (DSE) Private Limited here on...

BD now a role model before the globe: PM

2024-05-01 00:00:00

Prime Minister and Awami League (AL) President Sheikh Hasina Tuesday said Bangladesh has become a role model for development and its advancement will be continued braving all odds, reports BSS."The advancement of Bangladesh will continue by throwing ash to the...

Holiday Notice 2024-05-01)

2024-05-01 00:00:00

Briefing 2024-05-01

2024-05-01 00:00:00

Prayer Timings (2024-05-01)

2024-05-01 00:00:00

At least 11 die from heatstroke so far

FE REPORT | 2024-05-01 00:00:00

At least 11 people died from heatstroke in nine days amid the ongoing countrywide heatwave as Jashore recorded the season's highest temperature at 43.8 degrees Celsius on Tuesday.It was also the highest temperature registered in the country's history since 1989...

Prices of petroleum oil, gas hiked

FE REPORT | 2024-05-01 00:00:00

The government has raised the prices of petroleum oil and gas used for power and captive power generation. Petrol price has increased by Tk 2.50 per litre to Tk 124.50 while that of diesel and kerosene by Tk 1.0 to...

May Day today

2024-05-01 00:00:00

The historic May Day will be observed in the country as elsewhere across the globe today (Wednesday) with due respect, reports UNB.May Day, also known as the International Workers' Solidarity Day, commemorates the historic uprising of working people in Chicago,...