NAZIMUDDIN SHYAMOL | 2024-04-25 00:00:00
CHITTAGONG, Apr 24: The Chittagong Port Authority (CPA) will observe the 137th Chattogram Port Day today (Thursday).The Chittagong seaport is one of the oldest natural ports in the subcontinent and also the prime one of the country.On the eve of...
Tesla shares surged 10 per cent on Wednesday after the electric-car maker eased some worries about growth with a prediction that sales would rise this year and said it would roll out more affordable models in early 2025, reports Reuters.The...
Bank Asia PLC has recently organised a capacity development training for Agent Banking field staff simultaneously in Dhaka, Rajshahi, Rangpur, Mymensigh and Khulna Divisions to promote business through providing better services to customers and ensure gender equity in the financial...
The board of directors of Islami Bank Bangladesh has recommended a 10 per cent cash dividend for the shareholders for the year 2023, subject to approval of the 41st annual general meeting of the bank. The decision was taken in...
Mutual Trust Bank's (MTB) Digital Banking Division Head Khalid Hossin received the prestigious "Ingenious Leader of Technology in Customer Experience" award at the South Asian BFSI Tech Summit & Awards in Kathmandu, Nepal. The award was presented by Narayan Kaji...
FE REPORT | 2024-04-25 00:00:00
Having posting an impressive annual profit growth in 2023, Singer Bangladesh suffered a loss of Tk 21 million in January-March this year, thanks to higher finance expenses amid the rising interest rate. The electronic and home appliance manufacturer gained Tk...
Mohammad Abu Jafar has taken up the role of managing director and CEO of Premier Bank with effect from 24 April 2024.Mr Abu Jafar is a seasoned banker with 34 years of experience in the industry. He brings a wealth...
FE REPORT | 2024-04-25 00:00:00
The securities regulator has reduced the single-day permissible price decline of stocks to 3 per cent from 10 per cent for all securities except for six that still have floor price imposed on them.The stock market has been battered since...
ISMAIL HOSSAIN | 2024-04-25 00:00:00
Daiki Axis, Japan's leading water and wastewater solution provider, is set to invest US$10 million in Bangladesh to manufacture Johkasou sewage treatment products. The company has already joined hand with its local partner Charm Ltd, which is its sale agent.Daiki...
Dhaka residents queue to collect water, using containers and jars, as some parts of the capital experience a water crisis amid a summer heatwave. — FE Photo
The Bangladesh Jeweller's Association (Bajus) on Wednesday decrease gold price by Tk2099 per bhori and fixed good quality 22-carat gold price at Tk 114191 per bhori, reports UNB.With this, the apex body of gold traders changed the gold price for...
Two persons died from heatstroke in Chattogram, and Khulna districts on Wednesday as long punishing heatwaves continue to sweep through Bangladesh, report agencies.In Chattogram, a farmer died from heatstroke while working in the fields at West Chunti Hadur Pahar village...
MUNIMA SULTANA | 2024-04-25 00:00:00
The private sector is mostly blamed for damaging highways for carrying overloaded goods, so are government agencies to blame equally for conveying overweight building materials and heavy machinery to different project sites.In these cases, sources say, allowable limit becomes unlimited...
UNITED NATIONS, Apr 24 (AP): The United Nations called Tuesday for "a clear, transparent and credible investigation" of mass graves uncovered at two major hospitals in war-torn Gaza that were raided by Israeli troops.Credible investigators must have access to the...
FE REPORT | 2024-04-25 00:00:00
The European Parliament (EP) voted in favour of new rules on Wednesday, obliging large companies to prevent and remedy human rights and environmental abuses in their global supply chains to ensure greater corporate accountability.The legislation, known as the Corporate Sustainability...
BANGKOK, April 24: Prime Minister Sheikh Hasina was accorded a red-carpet reception as she arrived in the Thai capital Wednesday on a six-day visit when she would have bilateral talks and attend an ESCAP meet.As she flew in at the...
FHM HUMAYAN KABIR | 2024-04-25 00:00:00
Straight 13 months' monetary and fiscal combat by Bangladesh couldn't tame an inexorable inflation below 9.0 per cent rather the rate heads for double-digit club after fresh price spirals in March, analysts say.The higher inflationary pressure has already hit hard...
A truck has fallen into a roadside ditch at Sajek in Rangamati's Baghaichari area, killing at least six labourers and injuring eight others, reports bdnews24.com The accident occurred in the Nobboi Degree area on Udaypur Road around 7pm on Wednesday,...
FE REPORT | 2024-04-25 00:00:00
The country's tech entrepreneurs have expressed concern about the sustainability of their businesses once a tax break for the IT sector expires in June this year. The government's vision of building a 'Smart Bangladesh' could be affected if the software...
DOULOT AKTER MALA | 2024-04-25 00:00:00
The customs authority is set to introduce a self-assessment system for import goods that come through the green channel from the next fiscal year (FY).The authority is incorporating the automated assessment system in the Asycuda World to reduce time and...
FE REPORT | 2024-04-25 00:00:00
Revenue and forex reserves evoke major concerns as an International Monetary Fund (IMF) delegation starts stocktaking on Bangladesh's achievements against various targets set in a lending package for restoring macroeconomic stability deemed under stress. The visiting team is reviewing the...
FE REPORT | 2024-04-25 00:00:00
The customs authorities have frozen bank accounts of Abdul Monem Group and its sister concern for non-payment of customs duty and taxes worth Tk 6.74 billion.Sources said the Abdul Monem Sugar Refinery did not comply with the customs law on...
The residents of Baishnabhati village, located in the Kewarjor union under Mithamoin upazila of Kishorganj district, are facing a dire situation due to river erosion. Witnesses report a tragic scene unfolding along the riverside, with two houses and cowsheds on...
A severe heat wave is currently affecting Bangladesh, with temperatures reaching previously unheard-of levels across the nation. The need for electricity to power cooling appliances like air conditioners and fans has increased as temperatures rise, significantly impacting the availability of...
Atiqul Kabir Tuhin | 2024-04-25 00:00:00
The proposed substantial increase in indirect taxes, such as the value-added tax (VAT), for the next fiscal year is a cause for concern amid persistent inflation. Despite the implementation of contractionary monetary policy, there are no signs of inflation cooling...
Load-shedding has multi-dimensional consequences, especially at a time of punishing heat and humidity in April, the 'cruellest month'. According to the National Load Dispatch Centre (NLDC) at the Power Grid Company of Bangladesh, load-shedding on Wednesday reached up to 1500...
Syed Badrul Ahsan | 2024-04-25 00:00:00
Have we sometimes wondered why we should be referring to places and institutions in our country through associating them with places and institutions abroad? For ages there have been the many references to Dhaka University (DU) as the Oxford of...
The Bangladesh Cricket Board (BCB) announced a preliminary squad on Tuesday for a practice camp ahead of the five-match T20I series against Zimbabwe, starting on May 03 in Chattogram, reports UNB.Notable absentees from the squad include Shakib Al Hasan and...
DR IMTIAZ AHMED | 2024-04-24 00:00:00
A heatwave is sweeping across the country. This happens when warm air gets trapped in the atmosphere. Heat waves are natural occurrences which are becoming more and more frequent and intense. Many reasons have been cited for these, the most...
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