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Green industries for sustainable development, FDI stressed

Speakers at an event on Friday highlighted the critical need for green industrialisation in Bangladesh to ensure sustainable development and attract foreign direct investment (FDI).They noted that foreign buyers favour green industries, and international investors seek opportunities in sectors with a robust green industrial environment.Besides, they said Bangladesh faces significant...

BSFIC trade gap jumps to Tk 80b

Trade deficit of the Bangladesh Sugar and Food Industries Corporation (BSFIC) has stood at more than Tk 80 billion for various reasons, including the sale of the sweetener at a subsidised rate.Other reasons, according to sources, are insufficient basic raw materials, higher operating expenses and payments against bank loans.The deposed...

Fire and smoke erupt from a building just after an Israeli airstrike in Beirut

Fire and smoke erupt from a building just after an Israeli airstrike in Beirut's southern Shayah neighbourhood on Friday amid the ongoing war between Israel and Hezbollah. — AFP

Moody's downgrade ratings require rethink: BB rebuttal

Downgrade ratings of Bangladesh by Moody's didn't appropriately reflect the positive changes in the political and economic areas following the mass uprising, says central-bank rebuttal that also requests a rethink.In a statement, the Bangladesh Bank (BB) said the New York-based global ratings agency recently downgraded the ratings for Bangladesh from...

15-member committee set up to assist administrator

The e-Commerce Association of Bangladesh (e-CAB), an organisation representing entrepreneurs in the digital commerce sector, has set up a 15-member support committee to assist the current administrator in overseeing the leadership election.The committee comprises London Bazar BD CEO Abdus Salam, BD Exclusive CEO Muhammad Ismail Hussain, ePaikar Extensive Chairman Sheikh...

Karnaphuli Tunnel a wasted investment

Dinajpur, Nov 22 (UNB): A staggering amount of Tk 100 billion (10,000 crore) spent on the Karnaphuli Tunnel has proven to be a wasted investment, said Mohammad Fouzul Kabir Khan, Power, Energy, Mineral Resources, and Railways adviser, on Friday.Speaking to the media after inspecting the Parbatipur Central Locomotive Factory in...

Govt to float tenders for renewable energy projects next week: Adviser

NILPHAMARI, Nov 22 (BSS) : Power, Energy and Mineral Resources Affairs Adviser Muhammad Fouzul Kabir Khan said on Friday the government would float tenders for installation of 30-40 renewable energy projects next week."We can meet electricity demand during irrigation time, by installing renewable energy sources at open places and rooftop...

Ex-SP Farooqui, ex-ASP Alep sent to jail in July uprising killing case

A court in Dhaka on Friday sent former superintendent of police (SP) of Betbunia Police Specialized Training Centre Mohiuddin Farooqui and additional superintendent of police (ASP) of Barishal Range Alep Uddin to jail in the case lodged over the murder of Zobayer Omar Khan in the capital's Jatrabari area during...

People will decide on banning AL after trial: Zainul

SAVAR, Nov 22 (BSS) : BNP Vice-Chairman Advocate Zainul Abedin on Friday said that leaders and activists of the fascist Awami League (AL), including Sheikh Hasina, must be tried first and after that the people of the country will decide whether AL will be banned or not."The leaders and activists...

Death toll rises to 43 in Pakistan sectarian attacks: officials

PESHAWAR, Pakistan, Nov 22 (AFP) : The death toll from two attacks in northwest Pakistan rose to 43, authorities said on Friday as they imposed a curfew and suspended mobile service in the remote mountainous district.Gunmen opened fire Thursday on two separate convoys of Shiite Muslims travelling with police escorts...