Dhaka residents have begun their journeys to celebrate Eid-ul-Fitr with loved ones in their villages. For many, trains are a favoured mode of transport for Eid journeys and Kamalapur Railway Station was busy on Thursday as people looked to return...
FE REPORT | 2024-04-05 00:00:00
Metro Rail passengers will have to count 15 per cent VAT on their fare starting from July 1, 2024.The National Board of Revenue (NBR) will impose the VAT as the VAT exemption period on MRT tickets will expire on June...
FE REPORT | 2024-04-05 00:00:00
The Bangladesh Bank (BB) has issued its first-ever bank merger policy, outlining both voluntary or agreed mergers and forced mergers.For banks that agree to merge voluntarily, the central bank and the government will provide policy support to the acquiring bank,...
FE REPORT | 2024-04-05 00:00:00
Bangladesh's new budget will cautiously follow global and local economic realities with focus on containing inflation and supply- chain management for sustaining fiscal growth.Implementation of 'Smart Bangladesh' concept will be the thrust in undertaking fiscal and taxation measures. Such views...
FE REPORT | 2024-04-05 00:00:00
Foreign-funded megaprojects emerge as a new tool for capital formation and its flight overseas, a policy think-tank Thursday presented such a view in the context of Bangladesh's external debt buildup.Noted economists at a dialogue arranged by the Centre for Policy...
Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at one or two places over Sylhet division with hails at isolated places until 06:00 pm today (Friday), according to the Met Office.Weather may remain mainly dry with temporary...
A BRT worker was killed after being struck by a covered van on the Dhaka-Mymensingh highway in Gazipur, report agencies.The accident occurred at Joydebpur's Jagrata Chowrangi area around midnight on Thursday.The dead is Lablu Mia (28).Matiuzzaman, sub-inspector of Bason thana,...
Prof Nigel Healey, vice president of Global and Community Engagement at the University of Limerick, Ireland and Prof Satya Prasad Majumder, vice chancellor of Bangladesh University of Engineering and Technology, shaking hands after signing a joint memorandum of agreement to...
Law Minister Anisul Huq has emphasised the significance of legislation to regulate the use of Artificial Intelligence (AI) in realising the vision of a Smart Bangladesh, including Smart Generation by 2041, as outlined by Prime Minister Sheikh Hasina, report agencies.Acknowledging...
No fresh death due to dengue was reported in Bangladesh in the last 24 hours until Thursday morning, according to the Directorate General of Health Services (DGHS), reports UNB.However, 11 patients were hospitalised across the country with viral fever during...
FE REPORT | 2024-04-05 00:00:00
China and Bangladesh are at a critical stage of development and revitalisation, says Chinese Ambassador in Dhaka Yao Wen."China and Bangladesh have set a good example of mutual respect and win-win cooperation," he said.The envoy said this while inaugurating the...
FE REPORT | 2024-04-05 00:00:00
The University Grants Commission (UGC) has issued cautions about student admission to 35 private universities running without approved vice-chancellors and permanent campuses despite repeated warnings.Of them, 30 private universities are running without any appointed vice-chancellors.Three are operating illegal campuses, one...
A court in in the citry on Thursday sentenced former Jatiya Party lawmaker of Gaibandha-1 constituency Col (retd) Dr Abdul Kader Khan to four years imprisonment in a case filed for amassing wealth beyond known sources of income and concealing...
India has reaffirmed the strength and depth of its relationship with Bangladesh, characterising the bilateral ties as robust and multifaceted. This statement was made by Randhir Jaiswal, the spokesperson for the Indian Ministry of External Affairs, in response to inquiries...
A group of students of Bangladesh University of Engineering and Technology (BUET) have appealed to Prime Minister Sheikh Hasina to have a safe and secure campus with politics at BUET.They held a press conference at the Shaheed Minar of BUET...
FE REPORT | 2024-04-05 00:00:00
A spate of recent bank robberies and looting by a group of terrorists in the hilly region is just a reflection of mega looting happening across the country.Bangladesh Nationalist Party (BNP) senior joint secretary general Ruhul Kabir Rizvi made the...
BNP standing committee member Dr Abdul Moyeen Khan on Thursday said that the Awami League government had only two success stories: the oppression of the opposition parties and laundering the poor people's money abroad, reports UNB."It has failed in every...
Prime Minister Sheikh Hasina on Thursday asked the public representatives of the local government bodies to work with utmost sincerity for the welfare of the people, reports UNB."Don't lose public trust and confidence in any way. So, work for the...
BENGALURU, April 4 (Reuters): Indian metals-to-oil conglomerate Vedanta will raise up to 25 billion rupees ($299.6 million) through debt securities, the company said on Thursday.The fundraise will take place through the issue of non-convertible debentures on a private placement basis....
LONDON, April 4 (Reuters): British companies' expectations for selling prices and wage increases in the year ahead cooled in March, adding to signs of easing inflation pressure, a Bank of England survey showed on Thursday.Wage growth expectations for the coming...
NEW YORK, April 4 (Reuters): Strong economic data and worries over sticky inflation are pushing investors to reassess how deeply the Federal Reserve will be able to cut interest rates this year, fueling weakness in the US government bond market.Yields...
HONG KONG, April 4 (AFP): Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year.An equities rally...
LONDON, April 4 (Reuters): Traders and investors are looking to global interest rate cuts and a closely-fought US election to drag the world's currency markets from their deepest lull in almost four years.Measures of historical and expected volatility - how...
MUMBAI, Apr 04 (Reuters): Blackstone will invest at least $2.0 billion a year in India for the next five years, a top company executive said, citing the country's fast-growing economy and booming capital markets.The US investment firm counts India among...
RIYADH, Apr 04 (Arab News): Iraq's maritime industry is poised for expansion after a UAE logistics and trade firm signed a deal aimed at developing Al-Faw Grand Port and its associated economic zone.Abu Dhabi Ports Group entered into a preliminary...
RIYADH, Apr 04 (Arab News): Bonds and sukuk maturing for Qatar's government during 2024 have amounted to 20.3 billion riyals ($5.5 billion), according to the central bank.Data from the nation's financial institution showed that this year's government bond repayments amount...
LONDON, Apr 04 (Reuters): Switzerland kickstarted the rate cutting cycle among major central banks in March while the easing push re-accelerated across emerging economies.The Swiss National Bank became the first central bank overseeing one of the 10 most heavily traded...
National Finance Ltd has signed a memorandum of understanding (MoU) with Ace Autos Pvt Ltd, an authorized distributor of Haval sport utility vehicles (SUV) in Bangladesh, to provide attractive auto loan package for its customers. Irteza Ahmed Khan, Managing Director,...
A Memorandum of Understanding (MoU) was signed between Bangladesh Water Development Board (BWDB) and Dhaka WASA on the work of Automation, Construction and Regeneration of Monitoring Well under the jurisdiction of Dhaka WASA and exchange data of Monitoring Well. The...
The 38th meeting of the risk management committee of the board of directors of Modhumoti Bank was held virtually on Wednesday. The meeting was presided over by Mostafa Kamal, chairman of the board's risk management committee of Modhumoti Bank. Among...
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