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Stocks skid as earnings reports weigh

FE REPORT | 2025-02-01 00:00:00

The equity benchmark index failed to sustain its positive momentum this week as investors retreated to the sidelines following a series of earnings reports that fell short of expectations. The market experienced a sluggish pace throughout the week, with investors...

No tourists in St Martin for nine months from today

2025-02-01 00:00:00

COX'S BAZAR, Jan 31 (UNB): Tourist travel to St Martin's, a coral-rich island located in Teknaf, Cox's Bazar, will be suspended for nine months starting February 1, according to a decision from the Ministry of Environment, Forest and Climate Change.The...

Adviser urges businesses for preparation

FE REPORT | 2025-02-01 00:00:00

Commerce adviser Sheikh Bashir Uddin has called for businesses to prepare themselves for Bangladesh's upcoming graduation from its least-developed country (LDC) status in 2026.He also urged all stakeholders concerned to work together to lower operating costs, emphasising the need for...

Switzerland to wrap up dev programmes in Bangladesh by 2028

2025-02-01 00:00:00

The Swiss Agency for Development and Cooperation (SDC) will phase out its bilateral development programmes in Bangladesh, Albania and Zambia by the end of 2028.This decision was based on the actual needs on the ground, Switzerland's long-term interests (diplomatic and...

Gold prices hit record high as tariff uncertainty sparks safe-haven rush

2025-02-01 00:00:00

Gold prices scaled an all-time high on Friday, briefly touching the $2,800 mark, as market participants rushed to the safe-haven asset after U.S. President Donald Trump reiterated his tariff threats, reports Reuters.Spot gold steadied at $2,795.52 per ounce by 11:18...

Britain's Billy Harris reacts after a point against Britain's Billy Harris

2025-02-01 00:00:00

Britain's Billy Harris reacts after a point against Britain's Billy Harris during their men's singles match of the Davis Cup team tennis qualifiers at Bourbon Beans Dome in Miki on Friday. — AFP

(From L) UEFA Deputy General Secretary Giorgio Marchetti and UEFA Managing Director of Communications Pedro Pinto welcome former Spanish player Artiz Aduriz

2025-02-01 00:00:00

(From L) UEFA Deputy General Secretary Giorgio Marchetti and UEFA Managing Director of Communications Pedro Pinto welcome former Spanish player Artiz Aduriz on stage during the 2024-2025 UEFA Europa League football tournament knockout play-off draw at the House of European...

NEWS IN BRIEF-2025-02-01

2025-02-01 00:00:00

Half masters marathon contest held in NoakhaliNOAKHALI, Jan 31: The first-ever half marathon masters competition was held on Friday in Noakhali on occasion of Festival of Youth with the slogan of "Marathon run for good health." The marathon started from...

Man Utd, Spurs advance to last 16 in Europa League

2025-02-01 00:00:00

LONDON, Jan 31(AFP): Manchester United booked their place in the Europa League last 16 with a 2-0 win at Romanian side FCSB, while troubled Tottenham turned to their young guns to advance via a top-eight finish on Thursday.Diogo Dalot and...

PCB chairman promises Gaddafi Stadium to be ready for inauguration

2025-02-01 00:00:00

Pakistan Cricket Board (PCB) chairman Mohsin Naqvi has announced that the redevelopment of the Gaddafi Stadium in Lahore is "in its final stages". At a press conference held within the ground itself, Naqvi praised everyone involved in the construction of...

Kiwi cricket star Kerr says best yet to come

2025-02-01 00:00:00

NEW DELHI, Jan 31 (AFP): New Zealand all-rounder Amelia Kerr is the toast of her sport after winning ICC Women's Cricketer of the Year award for a stellar 2024, but says she is far from hitting her peak.The 24-year-old top-order...

BPL T20 Today's Matches (2025-02-01)

2025-02-01 00:00:00

Friendly football match held in Sirajganj

2025-02-01 00:00:00

SIRAJGANJ, Jan 31 (BSS): A friendly football match was held with the participation of local players at Kawakola char beside the Jamuna river in Sirajganj on Friday.Sirajganj sadar Kamarkhanda constituency former member of national parliamentand Sirajganj district BNP president Rumana...

U-17 Nat'l Gold Cup Football finals held in Bagerhat

2025-02-01 00:00:00

BAGERHAT, Jan 31 (BSS): Festival of Youth U-17 National Gold Cup Football tournament finals (boys' and girls') were held at Bagerhat Stadium on Friday.In the girls' section final match, Kachua pazila team emerged champions defeating Mongla upazila team by 4-2...

Kohli flops on return to domestic cricket

2025-02-01 00:00:00

NEW DELHI, Jan 31 (AFP): Superstar Indian cricketer Virat Kohli flopped on his first domestic cricket match in more than a decade Friday to the dismay of thousands who turned out to see him play.International stars were ordered by India's...

Downpour halts Lanka Test as Australia tighten grip

2025-02-01 00:00:00

GALLE, Sri Lanka, Jan 31 (AFP): Incessant afternoon rain forced an early end to day three of the first Test between Australia and Sri Lanka on Friday, with the visitors leading by 518 and former home skipper Dinesh Chandimal waging...

Abahani emerge group top

2025-02-01 00:00:00

Abahani Limited Dhaka emerged as group B champions in the Bashundhara Group Federation Cup football beating Rahmatganj Muslim and Friends Society by 2-0 goals held at Bashundhara Kings Arena in the capital on Friday, reports BSS.With the win, Abahani secured...

China says two citizens among US plane crash victims

2025-02-01 00:00:00

BEIJING, Jan 31 (AFP): Two Chinese nationals were among the victims of a midair crash in Washington between a US commercial airliner with 64 people on board and a military helicopter, Beijing said Friday.In a statement, a spokesperson for China's...

Thai court grants ex-PM Thaksin permission to leave country

2025-02-01 00:00:00

BANGKOK, Jan 31 (AFP): A Thai court on Friday granted former prime minister Thaksin Shinawatra permission to leave the country, a court statement said, a rare exception for a defendant facing royal insult charges.The 75-year-old billionaire was jailed for eight...

US funding freeze forces Cambodia to partially halt mine clearance

2025-02-01 00:00:00

PHNOM PENH, Jan 31 (AFP): Cambodia's decades-long effort to clear unexploded munitions has had to partially suspend operations after the United States suddenly halted funding, a minister said Friday, calling on Washington to reverse the order.Cambodia remains littered with unexploded...

Myanmar junta extends state of emergency by six months

2025-02-01 00:00:00

YANGON, Jan 31 (AP): Myanmar's military government on Friday announced another six-month extension of its mandate to rule in preparation for elections it has said will be held this year, as the country enters its fifth year of crisis.However, it...

Russia condemns Trump missile defence shield plan

2025-02-01 00:00:00

MOSCOW, Jan 31 (Reuters): Russia on Friday condemned an executive order by US President Donald Trump to build a new missile defence shield, accusing the United States of trying to upset the global nuclear balance and pave the wave for...

Indian soldiers kill two near Pakistan border

2025-02-01 00:00:00

SRINAGAR (India), Jan 31 (AFP): Indian soldiers killed two fighters in Kashmir along the heavily militarised frontier with Pakistan as they attempted to cross into the Indian-administered part of the disputed territory, the army said Friday. Muslim-majority Kashmir has been...

Food crises in Gaza, elsewhere put millions of children in danger of lifelong harm

2025-02-01 00:00:00

LONDON, Jan 31 (Agencies): A surge in the flow of aid into the Gaza Strip since the truce between Israel and Hamas took effect on Jan. 19 is likely to ease the acute food emergency afflicting people in the war-ravaged...

The bitter taste of increased VAT on biscuits

Selim Mullah | 2025-02-01 00:00:00

The biscuit, a staple snack and vital source of nutrition for millions of Bangladeshis, is now at risk of becoming unaffordable for the very people who rely on it the most. The recent increase in Value Added Tax (VAT) on...

Tackling fiscal deficits for sustainable growth

2025-02-01 00:00:00

Bangladesh's economic stability is seriously threatened by its mounting debt load and widening fiscal deficits. The public debt has increased due to the growing reliance on borrowing from outside sources to fund development projects, and the government's finances are being...

High cost of journalism

Tanim Asjad | 2025-02-01 00:00:00

Journalism is always challenging, and journalists are subject to various forms of intimidation due to their role in maintaining professionalism. Governments are generally not comfortable with the works of journalists, although, in democratic states, they are obliged to provide adequate...

Country's RMG industry at a crossroads

Sarker Nazrul Islam | 2025-02-01 00:00:00

The prevailing volatile situation in the global arena of apparel business has left two options for Bangladesh: either it retains its position as an important apparel hub by boosting its production capacity up to the requirement of buyers or gives...

Redesigning manpower export policy

2025-02-01 00:00:00

The role migrant workers' remittance plays in the overall economy of Bangladesh cannot be overstated. Especially, it increases aggregate demand as well as stimulates non-farm activities in the rural economy. But of late, depressing developments on Bangladesh's overseas labour market...

Persistent headwinds and concerns in external sector

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Muntaseer Kamal and Syed Yusuf Saadat | 2025-02-01 00:00:00

Amid the prevailing bleak macroeconomic scenario and the pressure on several fronts, the external sector performance during the first half of FY25 offers some much needed and welcome relief to the Bangladesh economy. The positive changes are underpinned by the...