FE Today Logo

Search results for: l


Exploring the first and second rounds of INTERN 2023

ZANNATUL SAMARUKH ELMA | 2023-06-22 12:00:00

The IUT Career and Business Society (IUT CBS) is hosting 'INTERN 2023', an event aimed at fostering and empowering the entrepreneurial aspirations of students at the Islamic University of Technology (IUT). This intra-IUT novice case competition, now in its fifth...

Inspiring youths with success stories and mentorship

MOHSINAT AHMED LABONI | 2023-06-22 12:00:00

“This journey of us is an endeavor of stacking all the beautiful picturesque stories of inspiring lives together in a place," so says the motto of Short Stories platform on Facebook. Starting its journey from 2021 to this date, it...

CCC declares Tk 18.87b budget for FY 24

NAZIMUDDIN SHYAMOL | 2023-06-22 00:00:00

CHATTOGRAM, June 21: Chattogram City Corporation (CCC) ann-ounced its annual budget of over Tk 18.87 billion for the fiscal year (FY) 2023-24 on Wednesday. CCC Mayor Rezaul Karim Chowdhury announced his third budget, providing detailed data on the city's past,...

The Titanic, a submersible ... and voices of the dead

Syed Badrul Ahsan | 2023-06-22 00:00:00

The news is distressing. As we write, an OceanGate Expeditions submersible, with five people on board, has gone missing. Frantic efforts are on to locate the machine, which was meant to carry those five people to the vicinity of the...

Not only exporters, importers too will benefit from market-driven exchange rate

BABUL BARMAN AND MOHAMMAD MUFAZZAL | 2023-06-21 12:00:00

All businesses are expected to benefit from market-driven exchange rate even if that entails a further devaluation of the taka against the dollar. Market experts, economists and asset managers unanimously welcome the central bank's move to allow the currency to...

Dev projects line up for revision amid dollar-driven cost overruns

SYFUL ISLAM | 2023-06-21 00:00:00

Development expenditure in Bangladesh is set shoot beyond limits as projects line up for revision following mainly dollar-driven cost overruns as the taka loses value to the costly US currency.Officials said most of the project-evaluation committee (PEC) meetings at the...

SAARC Food Bank in focus

YASIR WARDAD from Kathmandu, Nepal | 2023-06-21 00:00:00

The SAARC Food Bank should be activated as a regional approach to deal with the crisis relating to food security in South Asia (SA).Apart from the SAARC (South Asian Association for Regional Cooperation), another regional entity, named BIMSTEC (Bay of...

Concerns over cumulative corporate-tax buildup

DOULOT AKTER MALA | 2023-06-20 12:00:00

Concern brews about cumulative corporate-tax buildup from ancillary fiscal measures under the new income-tax law Bangladesh is poised to pursue, while redefining NGOs and academia as corporates is also decried. The Income Tax Law 2023 might come into antedated effect...

The flying rivers

Akber (AL) Hakim | 2023-06-20 12:00:00

"Flying Rivers" are a phenomenon discovered above the treetops of the Amazon rainforest where water vapor flows in narrow bands extending several thousand kilometers across the sky. The term was coined by Peruvian climatologist José Marengo and is also known...

Brood fishes release eggs in Halda -

NAZIMUDDIN SHYAMOL | 2023-06-20 00:00:00

CHATTOGRAM, June 19: The brood fishes started releasing fertilised eggs in the early hours of Monday in Halda River, the lone natural spawning centre for carp fishes in the country. Earlier, fishes released sample eggs in the water of Halda...

Refiners urge govt to raise sugar price to Tk 150/kg

REZAUL KARIM | 2023-06-20 00:00:00

Despite the price spiral of sugar, local refiners urged the government to jack up its price by Tk 25 per kilogramme, ahead of the sweetener’s high demand in the upcoming Eid-ul-Azha festival.The Bangladesh Sugar Refiners Association (BSRA) moved the proposal...

Covid, climate, conflict push up undernourishment

YASIR WARDAD from KATHMANDU, NEPAL | 2023-06-20 00:00:00

The Covid-19 pandemic, the war in Europe and frequent natural disasters has made the food security system more vulnerable globally.As a result, the undernourished population has increased to 768 million by 2021, marking a 34.2 per cent up from 2014...

Cos with piled-up cash to benefit from monetary policy tightening

MOHAMMAD MUFAZZAL | 2023-06-20 00:00:00

The contractionary monetary policy for the first half of FY24 brings cheers to the companies having huge net cash as they are expected to see higher interest income. The increased cost of borrowings aimed at containing the consumer price index...

Deepfakers on the loose

Syed Fattahul Alim | 2023-06-20 00:00:00

When even Geoffrey Hinton, who is known as the father of Artificial Intelligence (AI) for pioneering 'deep learning' based on neural network that can recognize faces and objects like humans do, leaves Google to warn people about the dangers of...

Germany demands BD factory visit to validate bicycle origin

REZAUL KARIM | 2023-06-19 00:00:00

The German customs administration is persuading Bangladesh to allow inspections of Bangladeshi bicycle factories in a bid to eliminate any doubts regarding the country of origin, according to sources familiar with the matter.The administration has proposed a visit to the...

Banks, NBFIs heave a sigh of relief as lending rate cap goes

MOHAMMAD MUFAZZAL and BABUL BARMAN | 2023-06-19 00:00:00

The Monetary Policy Statement (MPS) unveiled on Sunday for the first six months of FY24 will increase the profitability of the lenders as the interest rate spread will widen following the removal of the lending rate cap.From now on, the...

When reverse migration is no good news

Neil Ray | 2023-06-19 00:00:00

That 11 people out of each 1,000 left cities and towns for villages in 2022 against only six in 2021 could be a piece of great news but for two reasons. The reverse migration was not by choice but out...

Getting electricity from garbage

Syed Fattahul Alim | 2023-06-19 00:00:00

The drive to look for an alternative source of energy to keep industrial society running was not prompted by any altruistic motive of protecting environment or arresting global warming as many would like to believe nowadays. In fact, it was...

Income Tax Bill likely to be passed today

Doulot Akter Mala | 2023-06-18 00:00:00

The Income Tax Bill-2023 is likely to be passed by Parliament today with major changes including a relief for the bank depositors having current or savings accounts.Under the law, if enacted, bank depositors having only fixed deposit above Tk 1.0...

Companies moving up floor price: How much it matters for market recovery

Mohammad Mufazzal | 2023-06-18 00:00:00

As many as 59 companies have moved above the floor price on the Dhaka Stock Exchange (DSE) since the first week of March, but their gains have hardly made any impact on the index for most of them are small-cap...

New tax law to make higher-income people innovative

Jasim Uddin Rasel | 2023-06-18 00:00:00

Individual taxpayers' tax credit calculation will change as per the proposed Income Tax Act 2023, which will also impact the benefit of the taxpayers, mainly among the higher income earners. Low and middle income earners will have no negative impact...

Train trial run likely in Sept

NAZIMUDDIN SHYAMOL | 2023-06-17 00:00:00

CHATTOGRAM, June 16: The trial run of train on Chattogram-Dohazari-Cox's Bazar-Ghumdhum (CDCG) rail line is expected to begin inSeptember this year as the construction work of the project is going on in full swing. Project Director of the CDCG train...

Spreading Love

Promila Devi Arora | 2023-06-17 00:00:00

Dr Abu Ishahaq Hossain, a bilingual writer, poet, researcher, translator, lyricist and television programme presenter of Bangladesh, has twenty five books to his credit. While reading his anthologies 'Sense Off Sense' and 'Poet Prophet Lover' one feels going through a...

From Brikkho Mela to a greener city

Nilratan Halder | 2023-06-17 00:00:00

The month-long Brikkho Mela (tree fair) got off to a promising start with arboriculture and enthusiasm for plant life --- by extension Nature --- of the urban people finding a meeting place in the capital's Agargaon. While nurseries and arboreal...

Dangerous drift into nuclear rivalry

Nilratan Halder | 2023-06-16 12:00:00

The North Atlantic Treaty Organisation (NATO) has currently been holding its biggest ever airpower showdown, dubbed "Air Defender 23" since its inception 74 years ago. Starting on June 12, the air exercise will conclude on June 23, surprisingly with Germany...

12 cattle markets in Ctg for Eid-ul-Azha

NAZIMUDDIN SHYAMOL | 2023-06-16 00:00:00

CHATTOGRAM, June 15: Chattogram District Administration has given permission to Chattogram City Corporation (CCC) for setting up nine temporary cattle markets for the upcoming Eid-Ul-Azha in Chattogram. There are three regular cattle markets in Bibirhat, Sagarika and Postarpar areas of...

Much-debated Tk 2000 min. tax being ditched finally

DOULOT AKTER MALA | 2023-06-16 00:00:00

The much-debated Tk 2000 minimum tax for all to be eligible for a raft of government services is eventually up to be ditched in final cobbling of new fiscal measures, sources said.Instead, the amount would be adjusted against tax at...

Changing global power equations

Syed Badrul Ahsan | 2023-06-15 12:00:00

Slow but perceptible change is coming over the world. Of course, nothing might yet be there to hint at a resolution of the Russia-Ukraine conflict, but there are the other places where new configurations are being shaped. In the past...

Ctg Outer Ring Road opening not before June next year

NAZIMUDDIN SHYAMOL | 2023-06-15 00:00:00

CHATTOGRAM, June 12: The project schedule of Chittagong City Outer Ring Road has been extended and its estimated cost has also been increased as the authorities concerned are constructing a junction and other extension work in the project. The project...

Power Grid to issue shares for accounting adjustment of long-held govt investment

BABUL BARMAN | 2023-06-15 00:00:00

To comply partially with a three-year-old order by the Financial Reporting Council (FRC), state-run electricity transmission and distribution service provider Power Grid Company has decided to issue shares against funds received from the government. At a meeting on Tuesday, it...