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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,...

Reforms can help mobilise three times higher revenue: Experts

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

Phasing out certain tax exemptions could generate an additional Tk 600- billion revenue in next four years while more extensive reforms are imperative, suggests a think-tank as way-out from debt-dependent development paradigm.Currently, one-fourth of Bangladesh's tax revenue is being spent...

IMF prescribes greater exchange rate flexibility

SYFUL ISLAM | 2024-05-01 00:00:00

Bangladesh has to pursue greater exchange-rate flexibility to get rover the jitters over depleting foreign-exchange reserves, the IMF says to reaffirm its financial-recovery suggestions. "…it's important that the next stage of the reform agenda is to allow greater exchange-rate flexibility,...

Vietnam coffee farmers boost irrigation but running low on water

2024-05-01 00:00:00

Coffee farmers in Vietnam, the world's largest producer of robusta coffee, have sharply increased use of irrigation in the main producing regions of the country amid excessive dryness, but they are now running low on water, a report said on...

Shell earns $1 billion a year from US crude trading, court filing shows

2024-05-01 00:00:00

HOUSTON, Apr 30 (Reuters): Financial details of Shell's vast oil and gas trading business are some of the company's closest-held secrets. Documents in a lawsuit filed by a former employee, however, revealed its US crude trading regularly earns around $1...

Speakers highlight impacts of LPG on environment and health

2024-05-01 00:00:00

Omera, the largest LPG operator in Bangladesh, reaffirms its commitment to providing environmentally friendly alternative energy solutions at a roundtable titled 'The Impact of LPG as Clean Fuel on Health and Safety' recently, says a press release. The discussion, held...

G7 reaches deal to exit from coal by 2035

2024-05-01 00:00:00

TURIN, Apr 30 (Reuters): Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their coal-fired power plants in the first half of the 2030s, in a significant step towards the transition away from...

CRYSTAL INSURANCE BOARD MEETING HELD

2024-05-01 00:00:00

The 106th meeting of the Board of Directors of Crystal Insurance Company Limited was held at the company's Corporate Office in Dhaka on Sunday. Abdullah Al-Mahmud (Mahin), Chairman of the company, presided over the meeting. SM Shahidullah, Chief Executive Officer...

BOARD MEETING OF NITOL INSURANCE COMPANY

2024-05-01 00:00:00

The 174th board meeting of Nitol Insurance Company Limited was held virtually recently. The meeting was chaired by AKM Monirul Hoque, Chairman of the company. CEO SM Mahbubul Karim was also present. It was proposed in the meeting that a...

Standard Bank holds 390th Board Meeting

2024-05-01 00:00:00

The 390th board meeting of Shari`ah-based bank, Standard Bank PLC, was held at the bank's Head Office in Dhaka on Tuesday. Chairman of the Board of Directors Kazi Akram Uddin Ahmed in presided over the meeting. It was attended by...

TRAINING ON ‘Sustainable Agriculture and Rural Financing’

2024-05-01 00:00:00

Participants and others in a photo session of the international training course on ‘Sustainable Agriculture and Socially Responsible Rural Financing’ organised at the Bangladesh Bank Training Academy (BBTA) under the joint auspices of the BBTA and the Center for International...

ICMAB ACCORDS RECEPTION TO NEW CMAS -

2024-05-01 00:00:00

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) arranged a reception programme for newly passed CMAs on Monday at the ICMA Bhaban in Dhaka on Monday. A cake-cutting ceremony was held on the occasion and the CMAs were...

RUPALI BANK OPENS SUB-BRANCH IN KHULNA

2024-05-01 00:00:00

Rupali Bank PLC has opened its 27th sub-branch at Batiaghata in Khulna on Tuesday. Managing Director and CEO of the bank Mohammad Jahangir along with other senior officials inaugurated the 'Zero Point Sub-branch', which is under the KDA New Market...

Berger renews partnership with DU Fine Arts Faculty, introduces new award

2024-05-01 00:00:00

Berger Paints Bangladesh Limited, the leading paint solution brand in Bangladesh, announced the renewal of its Memorandum of Understanding (MoU) with the Faculty of Fine Arts, University of Dhaka, for the 'Berger Award for Student of Fine Art, DU' programne.The...