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Karwan Bazar wholesale market relocation in limbo

SAIF UDDIN | 2024-11-02 00:00:00

Much-talked-about relocation of the wholesale kitchen market at Karwan Bazar in the capital now hangs in the balance as traders are unwilling to move citing the reason that they were forced to agree to the process during the tenure of...

Jubo Dal leader, two others expelled for tender manipulation

2024-11-02 00:00:00

LALMONIRHAT, Nov 1 (UNB): BNP's youth wing Jubo Dal has expelled its Lalmonirhat district unit senior vice president Jahangir Alam Julhas, who was earlier detained over bid to manipulate government tenders, and two others for their involvement in the anti-party...

Lalmonirhat AL leader, two others sued for money laundering

2024-11-02 00:00:00

LALMONIRHAT, Nov 1 (UNB): The Criminal Investigation Department (CID) of police has filed a case against three persons, including Lalmonirhat district unit of Awami League (AL) Joint General Secretary Sakhawat Hossain Suman Khan and his wife Nahida Aktar Ruma for...

Young generation will lead country: Adviser Nahid

2024-11-02 00:00:00

Posts, Telecommunications and Information Technology Adviser Md Nahid Islam has said the young generation will lead Bangladesh in all aspects, reports BSS."Young people have shown Bangladesh a new way . . . they will lead Bangladesh in all aspects," he...

Bangladesh in state of crisis, says GM Quader

2024-11-02 00:00:00

Jatiya Party Chairman GM Quader has said the country is in a state of crisis, report agencies.GM Quader came up with the remarks while speaking at a press conference at the party chairman's office in capital's Banani on Friday.Jatiya Party...

Saudi Arabia may cut Dec oil prices for Asia

2024-11-02 00:00:00

SINGAPORE, Nov 1 (Reuters): Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in Middle East benchmark Dubai, trade sources said.Price cuts for Saudi oil would signal...

China pivot from US farm imports bolsters it against trade war risks

2024-11-02 00:00:00

BEIJING/SINGAPORE, Nov 1 (Reuters): China's push to shift its food import sources since 2018 has put it in a better position to impose tit-for-tat tariffs on US farm goods with less harm to its food security if trade friction with...

Palm closes 3pc higher, hits highest level in almost two and a half years

2024-11-02 00:00:00

KUALA LUMPUR, Nov 1 (Reuters): Malaysian palm oil futures jumped more than 3 per cent on Friday, reaching the highest in almost two and a half years in response to stronger soyoil and crude oil prices, along with positive domestic...

Gold prices rise after US nonfarm payrolls

2024-11-02 00:00:00

LONDON, Nov 1 (Reuters): Gold prices rose on Friday, rebounding from profit-taking during the previous session, as the US dollar weakened after data showed that US job growth slowed sharply in October.Spot gold added 0.4 per cent to $2,754 per...

Oil climbs 2pc on reports of Iran preparing strike on Israel

2024-11-02 00:00:00

LONDON, Nov 1 (Reuters): Oil prices rose by 2 per cent on Friday after reports that Iran was preparing a retaliatory strike on Israel from Iraq in the coming days, though benchmarks were still set for a weekly decline.Brent crude...

Bangladesh Commerce Bank and NEC Money Transfer UK signed remittance service agreement

2024-11-02 00:00:00

Bangladesh Commerce Bank Limited and NEC Money Transfer Ltd. UK signed a remittance service agreement on Thursday. In presence of Commerce Bank Chairman Md. Ataur Rahman and others, the bank's Managing Director and CEO (Acting) Mohammad Ziaul Karim and NEC...

Ethiopian Airlines' inaugural Dhaka flight tomorrow

2024-11-02 00:00:00

Ethiopian Airlines, Africa's largest airline and a member of the Star Alliance, is set to officially enter the Bangladeshi market with the arrival of its inaugural flight on the new Addis Ababa-Dhaka-Addis Ababa route on Sunday.The launch of this route...

Move to build Kalurghat bridge

NAZIMUDDIN SHYAMOL | 2024-11-02 00:00:00

CHATTOGRAM, Nov 01: The interim government has initiated a move to construct a new rail-cum-road bridge over the Karnaphuli River at Kalurghat in the port city to ensure smooth communication between Chattogram and Cox's Bazar. Sources said the Executive Committee...

Masud Khan joins BAT Bangladesh as Independent Director

2024-11-02 00:00:00

BAT Bangladesh (BATB) has recently appointed Masud Khan as its new Independent Director, reports UNB. With more than 43 years of experience in multinational and domestic companies, Masud Khan brings a wealth of expertise and strategic vision to the board,...

Apparel brands, buyers’ role urged in ensuring rights of workers

FE REPORT | 2024-11-02 00:00:00

Multinational enterprises (MNEs), brands and buyers should play an active role in ensuring human rights, health and occupational safety for workers in the garment industry by adhering to the principles of international business responsibility, speakers at a roundtable said on...

Embassay of People's Republic of Algeria in Bangladesh hosted a reception

2024-11-02 00:00:00

The Embassay of People's Republic of Algeria in Bangladesh hosted a reception at Hotel Le Meredian in the city on Friday evening on the occasion of the country’s National Day

Govt plans to drill 19 more gas wells in Bhola by 2028

2024-11-02 00:00:00

BHOLA, Nov 1 (BSS): Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan on Friday said the government has a plan to drill 19 more natural gas wells in Bhola by 2028 as part of intensifying the country's gas...

Exxon, Chevron surpass Q3 profit expectations on record oil output

2024-11-02 00:00:00

NEW YORK, Nov 1 (Reuters): US oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record high oil production cushioned the blow from a plunge in fuel margins.The two focused on expanding...

FIRST SECURITY ISLAMI BANK HOLDS BOARD MEETING

2024-11-02 00:00:00

The 274th meeting of the Board of Directors of First Security Islami Bank PLC was held at its Head Office in Dhaka on Thursday, with its Chairman Mohammad Abdul Mannan in the chair. The meeting approved the unaudited financial statement...

City Bank's Q3 profit jumps 41pc on higher investment income

FE REPORT | 2024-11-02 00:00:00

City Bank PLC posted an impressive 41 per cent year-on-year profit growth, reaching Tk 2.01 billion in the third quarter (Q3) of this year, driven by substantial income from investments, particularly in government securities.The private commercial bank's consolidated earnings per...

Stocks rebound on regulatory measures, strong earnings

FE REPORT | 2024-11-02 00:00:00

The benchmark equity index rebounded strongly this week after a five-week rout, potentially signalling an end to the downward trend, as bargain hunters came out of the sidelines to snap up beaten-down stocks. Favourable earnings reports and regulatory moves to...

Makers taking the role of saviours defying rules of economics

Mohammad Kazi Mamun | 2024-11-02 00:00:00

On August 6, when sighs of relief were flying all around, a pall of gloom hanged over my personal world because remittance, one of the heart valves of our business, nosedived putting our existence at stake. This was the time...

The perilous journey towards soulless pessimism

Nilratan Halder | 2024-11-02 00:00:00

A gregarious animal, man has in modern times anachronistically become lonely and despondent. With the breakup of joint families into fragmented units in the first half of the past millennium, even the Bangalees started to get separated from their immediate...

Amorim named as new Man United manager

2024-11-02 00:00:00

LONDON, Nov 01 (AFP): Ruben Amorim was Friday named as the new manager of Manchester United, replacing the sacked Erik ten Hag.The 39-year-old Portuguese coach, who won two Primeira Liga titles with Sporting Lisbon, has signed a deal until 2027...

Australia to tour SL for two Tests in January

2024-11-02 00:00:00

COLOMBO, Nov 01 (AFP): Australia will play two Test matches in Sri Lanka early next year as part of the ICC World Test Championships, the cricket board in Colombo announced Friday.The series will pitch currently second ranked Australia against third...

Rebecca Sramkova

2024-11-02 00:00:00

Rebecca Sramkova of the Slovak Republic hits a return to Italy's Martina Trevisan during their women's singles quarter-final at the Jiangxi Open tennis tournament in Jiujiang, China on Friday — AFP

School Handball tournament to begin Tuesday

2024-11-02 00:00:00

Tasmery Under-14 School Handball tournament (boy's and girl's) will begin from Tuesday at Shaheed Captain M Mansur Ali National Handball Stadium in the city, reports BSS.A total of twenty eight schools handball teams including sixteen of boys' and twelve of...

Fifteen booters report to camp

2024-11-02 00:00:00

Fifteen booters have reported to national team's camp on Friday for the upcoming two-match FIFA Int'l Friendly Series against Maldives at home in November, reports BSS.The players reported to team manager Amer Khan at Hotel Intercontinental inthe capital. Forward Arman...

S Africa captain lauds BD's exceptional security, hospitality

2024-11-02 00:00:00

South Africa's stand-in cricket captain, Aiden Markram, expressed satisfaction with the security and hospitality arrangements during the team's Bangladesh tour despite concerns recently, reports UNB.This was the first international cricket series in Bangladesh after the ouster of the Sheikh Hasina-led...

Brazilian former football player Ronaldinho (C) celebrates

2024-11-02 00:00:00

Brazilian former football player Ronaldinho (C) celebrates team's first goal with teammates during the Joga Bonito Tour exhibition football match between Ronaldinho XI and Cahill XI in Sydney on Friday — AFP