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Economy
2 hours ago

Economy facing major challenges, yet Q2 shows signs of improvement

Country's economy is facing significant challenges as reflected in the majority of key indicators mainly due to the prevailing global and internal adversities, according to a leading local business chamber. "As many as six out of nine key economic indicators, prepared by the Bangladesh Bank, signa

Economy
3 hours ago

How inflation can now be main concern?

Inflation cannot be the main concern now when 10 million people are given foodstuff at cheap rates, says Finance Minister Abul Hassan Mahmood Ali as price rises widely grab talk time. "Only inflation has become concern? Not anything else? How inflation can be main concern? The minister said in rep

Trade
3 hours ago

FCBs' female workforce highest at 24.18pc

The numbers of female officers and employees at the foreign commercial banks remained higher than in the country's other types of banks in the July-December period of 2023. The female workforce in the foreign commercial banks (FCBs) stood highest at 24.18 per cent in July-December last year, acc

Economy
3 hours ago

Fund team straight starts training taxmen

An International Monetary Fund (IMF) team starts providing technical support to taxmen from today (Tuesday) to help develop their capacity on tax-expenditure analysis to measure the forgone domestic revenues through various incentives to businesses. A team of the IMF will hold a seven-day training

National
3 hours ago

Agencies seal 23 restaurants after deadly fire

Government agencies concerned have launched crackdown on non-compliant buildings and restaurants, following the tragic fire at Green Cozy Cottage on Bailey Road in Dhaka. On Monday, the Dhaka South City Corporation (DSCC) sealed off a multi-storied 'Keari Crescent Plaza' at Jigatola due to non-c

Economy
3 hours ago

Bank owners agree, yet air worry

Key shareholders of commercial banks agree in principle on proposed mergers and acquisitions for bail-in of weak banks under government's decisive financial-sector reform recipe, but on a note of concern. The latest developments on Bangladesh's banking front came when the owners of bank Monday met

Trade
5 hours ago

Google-backed satellite to track global oil industry methane emissions

A rendering of a satellite that will be used to track methane emissions is shown in a handout from MethaneSAT. Google and environmental group EDF will unveil a partnership to expose large sources of climate-warming emissions using AI and a methane-hunting satellite that will launch next month. ...

Editorial
5 hours ago

Adverse impacts of indirect tax

The correlation between poverty and tax does not usually figure prominently because the poor are nontaxable. They are dismissed as a social segment which does not generate revenue for the state. But this is a wrong conception. As consumers – much as their individual consumption may be meagre

Columns
5 hours ago

Bangladesh CSOs: of definitions and confusions

That there are so many definitions and ideas about what constitutes a civil society organization (CSO) is a good pointer that people think it exists robustly but most are not sure what it means. Amongst development workers and academics, there is some agreement about its linkage with NGOs and globa

World
5 hours ago

Trump wins ballot disqualification case

The US Supreme Court handed Donald Trump a major victory on Monday as he campaigns to regain the presidency, overturning a judicial decision that had excluded him from Colorado's ballot under a constitutional provision involving insurrection for inciting and supporting the Jan. 6, 2021, Capitol att

World
5 hours ago

Germany accuses Russia of seeking to divide Europe with leaked call

Germany accused Russia on Monday of leaking an intercepted recording of German military discussions about how to support Ukraine against the Kremlin's invasion in an attempt to divide Europe. Russian media last week published an audio recording of a meeting of senior German military officials held

Trade
6 hours ago

Islami Bank Central Laboratory inaugurated in Dhaka’s Paltan

The inauguration of Islami Bank Central Laboratory has taken place at Paltan in Dhaka recently. Professor Dr Kazi Shahidul Alam, Chairman of the Islami Bank Foundation and Director of Islami Bank Bangladesh PLC, inaugurated the lab as the chief guest. Dr Mohammad Saleh Jahur, Vice Chairman of the

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