DOULOT AKTER MALA | 2024-06-04 00:00:00
Import taxes on nearly 300 goods may be bundled out in the upcoming fiscal year in preparation for Bangladesh's graduation to middle-income country that presupposes tariff rationalisation.Officials in the revenue board have said Supplementary Duty (SD) on some 191 while...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh, Sylhet, Dhaka, Rajshahi, Khulna, Barishal and Chattogram divisions in the next 20 hours from 06:00 am today (Tuesday), according to...
Shahbagh police station will be relocated from its current location to facilitate the implementation of the Shadhinata Stambha project at Suhrawardy Udayan in the city, reports UNB.The decision came from the cabinet meeting chaired by Prime Minister Sheikh Hasina at...
Twenty-two people were hospitalised with dengue fever in 24 hours until Monday morning, reports UNB.Of the new patients, fifteen were admitted to hospitals in Dhaka city and the rest outside it, according to the Directorate General of Health Services (DGHS).Currently,...
FE REPORT | 2024-06-04 00:00:00
Bhutan has reduced the Sustainable Development Fee (SDF) for Bangladeshi tourists to $15 from $100.The new visa policy went into effect on June 2, 2024, according to a notification by the Department of Tourism of Bhutan on Monday.Under the new...
Water levels at 59 river stations, monitored by Flood Forecasting and Warning Centre (FFWC), have marked rise while 42 stations recorded fall, reports BSS.Among the 110 monitored river stations, eight have been registered steady and water levels at three river...
FE REPORT | 2024-06-04 00:00:00
The Appellate Division of the Supreme Court (SC) on Monday upheld a ban on setting up cattle markets at Aftabnagar in the capital on the occasion of Eid-ul-Azha, as it is a residential area. The apex court dismissed a petition,...
NAZIMUDDIN SHYAMOL | 2024-06-04 00:00:00
CHATTOGRAM, June 03: Apart from three permanent cattle markets, seven temporary cattle markets will sit in the port city ahead of the holy Eid-ul-Azha.The district administration has given permission to the Chattogram City Corporation (CCC) to set up seven temporary...
FE REPORT | 2024-06-04 00:00:00
The Transparency International Bangladesh (TIB) has sounded serious alarms following revelations regarding the former police and RAB chief, who reportedly amassed substantial illegal wealth and property through misuse of the state-granted authority.The anti-corruption watchdog underscores that the unchecked use of...
Shafi Ahmed, one of the key orgnisers of student protests during the anti-autocracy movement against the HM Ershad regime in the 1980s, has died in Dhaka aged 63, reports bdnews24.com.Hasanul Haq Inu, president of the Jatiyatabadi Samajtantrik Dal (JSD), said...
Foreign Minister Hasan Mahmud has criticised the recent Deutsche Welle (DW) documentary on UN peacekeepers, saying it was intentionally made to undermine the contributions of Bangladeshi peacekeepers, reports UNB.He said the documentary, titled 'Torturers deployed as UN peacekeepers,' has sparked...
FE REPORT | 2024-06-04 00:00:00
Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir said on Monday that former Inspector General of Police (IGP) Benazir Ahmed had committed unprecedented level of corruption.He also said that the ruling Awami League has almost destroyed the country.Mr...
Awami League (AL) General Secretary Obaidul Quader has said BNP is closely connected with communal forces, including Jamaat, reports BSS."The statement of BNP Secretary General Mirza Fakhrul Islam Alamgir over anti-liberation forces and fanatic organisation Jamaat has proved that BNP...
HONG KONG, June 3 (Reuters): More than a year after China pledged to smoothen the process for offshore listings, firms are reeling from a regulatory logjam that is unlikely to ease soon, and staring at the prospects of sharply lower...
LONDON, June 3 (AFP): Shein, the Chinese-founded online fashion giant, is set to file in the coming days with regulators over a potential London stock market listing, UK media reported Monday.A float, which could value Shein at £50 billion ($64...
MUMBAI/SINGAPORE, June 3 (Reuters): Indian shares hit lifetime highs while the rupee gained and bond yields dropped with investor sentiment buoyed by expectations of sustained economic growth after exit polls indicated a decisive mandate and a third term for Prime...
STOCKHOLM, June 03 (AFP): Microsoft said Monday it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, its biggest investment in the country.The group will train 250,000 people by 2027 to...
A training programme on Bancassurance was conducted by the Bangladesh Insurance Academy at its office in Dhaka. The three-day training was especially arranged for the officials of Midland Bank. The closing ceremony of the training programme was held on Thursday,...
Md. Abul Hashem, Deputy Managing Director of Uttara Bank PLC, inaugurated the new premises of Halishahar Branch in Chattogram (Tamizur Rahman Plaza, Halishahar Road, Pahartali) and Reazuddin Bazar Branch (Karnophuli Tower, Jebunnesa Road (Faler Gali), Chattogram) on Sunday. Deputy Managing...
Rupali Bank opened its 31st sub-branch at Kewatkhali under Thanaghat Branch in Mymensingh Sadar to provide modern banking services. The bank's Managing Director & CEO Mohammad Jahangir inaugurated the sub-branch virtually on Monday. Acting Vice Chancellor of Bangladesh Agricultural University...
After completion of 25 years of glorious journey, Standard Bank PLC has stepped into the 26th year on Monday. On this occasion, a doa programme was held at the Board room of the bank's head office in Dhaka. Kazi Akram...
Standard Chartered Bangladesh has appointed Lutful Habib as Managing Director and Head of Wealth and Retail Banking. In this role, Habib will be responsible for leading the bank's Wealth and Retail Banking division. His appointment has been effective from June...
The 52nd Meeting of the Board of Directors of the Asian Clearing Union (ACU) was held at in Dhaka on May 30.Governor of Bangladesh Bank Abdur Rouf Talukder, the newly elected Chairman of the ACU for 2024, presided over the...
FE REPORT | 2024-06-04 00:00:00
China is planning to import mangoes from Bangladesh this year, Chinese Ambassador in Dhaka Mr Yao Wen said on Monday.Addressing a programme in the city, the envoy also said that talks are underway for launching direct flights between Dhaka and...
Syed Mansur Mustafa has been appointed as managing director of IFIC Bank.Prior to this appointment, he served as deputy managing director (DMD) & head of international division, chief credit officer, chief risk officer and chief anti-money laundering compliance officer (CAMLCO)...
The 25th annual general meeting (AGM) of Mutual Trust Bank was held on June 03, virtually. MTB Chairman Md. Abdul Malek presided over the meeting where the bank's board recommended 10 per cent cash divideds. MTB Vice Chairman & Founding...
FE REPORT | 2024-06-04 00:00:00
Loss-making companies kept their dominance on the Dhaka Stock Exchange's (DSE) chart of top gainers on Monday, while good performers witnessed no or very insignificant appreciation on the bourse. Seven out of the top 10 gainers have been in the...
Leaders of Bangladesh Insurance Association (BIA) led by its President Sheikh Kabir Hossain, executive committee members -- Mr Mahbubur Rahman, chairman of Eastland Insurance Company, and Mr Nizam Uddin Ahmed, chairman of Meghna Life Insurance Company, -- met Finance Minister...
FE REPORT | 2024-06-04 00:00:00
The state-owned Titas Gas Transmission & Distribution Company's fixed assets climbed more than five times to Tk 48.63 billion after a revaluation of its property, plant and equipment, done for the first time in six decades.A significant jump in the...
LONDON, June 3 (Reuters): Oil prices edged lower on Monday as investors digested the complex deal brokered by producer group OPEC+ to extend various layers of output cuts, much of them into 2025.Brent crude futures for August delivery were down...
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