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Ctg apparel export up amid unrest in Dhaka

NAZIMUDDIN SHYAMOL | 2024-11-10 00:00:00

CHATTOGRAM, Nov 09: The export of ready-made garments (RMG) from factories in the port city is increasing as there is no labour unrest here.According to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), RMG goods to the tune of $543...

Judiciary Reform Commission to meet Carter Center, FBCCI today

2024-11-10 00:00:00

The Judiciary Reform Commission formed by the interim government will exchange views with the delegation of the Carter Center and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today (Sunday) as part of its consultation with stakeholders.Commission Secretary...

COP29 kicks off in Baku tomorrow

M AZIZUR RAHMAN | 2024-11-10 00:00:00

The 29th conference of the parties (COP29) of the United Nations Framework Convention on Climate Change kicks off in the Azerbaijan capital of Baku tomorrow (Monday).The November 11-22 event is a pivotal opportunity to accelerate action to tackle the overwhelming...

Ballast deficiencies spoil new rail lines

JAHIDUL ISLAM | 2024-11-10 00:00:00

Planning ministry has uncovered severe deficiencies in the ballast thickness of new rail lines built in the Kashiani-Gopalganj-Tungipara region, with the ballast measuring only 100 millimetre at certain points.The current ballast measurement is only 40 per cent of the 250mm...

Prayer Timings (2024-11-10)

2024-11-10 00:00:00

FE Anniversary Supplement (2024-11-10)

2024-11-10 00:00:00

Startup financing stalls due to absence of BB effective policy

SAJIBUR RAHMAN | 2024-11-10 00:00:00

The distribution of startup funds by scheduled banks remains minimal, hindered by the absence of an effective policy from the Bangladesh Bank (BB).A total of Tk 0.43 billion in loans had been disbursed to 153 customers as of August this...

BB should maintain tight monetary policy stance

JASIM UDDIN HAROON | 2024-11-10 00:00:00

Bangladesh Bank should maintain its tight monetary policy without losing patience to curb the inflationary pressure on the economy.The authorities should also rein in public spending while ensuring competition in the commodities market as a strategy to stabilise prices.While talking...

Relief and concerns

SHAMSUL HUQ ZAHID | 2024-11-10 00:00:00

The Financial Express (FE), Bangladesh's first English-language business daily, is entering its 32nd year of publication today in an entirely different domestic political and economic context.An authoritarian regime that had imposed itself on a democracy-loving nation for over a decade...

Non-tax revenue stuck, trails far behind regional ratios

DOULOT AKTER MALA | 2024-11-10 00:00:00

Bangladesh trails far behind regional countries in non-tax revenue netting as the NTR-GDP ratio has stagnated within a peanut 1.0 per cent during the last eight years while the government struggles for deficit financing.This happens to be government's second-largest income...

CA pledges all-out help

FE REPORT | 2024-11-10 00:00:00

Chief Adviser Professor Muhammad Yunus on Saturday promised the Commission of Enquiry on Enforced Disappearances all possible support to identify those responsible for enforced disappearances between 2009 and 2024 and hold them accountable."We will facilitate anything that you need and...

North Korea jams GPS signals, affecting ships, aircraft in South

2024-11-10 00:00:00

SEOUL, Nov 09 (AFP): North Korea staged GPS jamming attacks on Friday and Saturday, Seoul's military said, an operation that was affecting several ships and dozens of civilian aircraft in South Korea.The alleged jamming comes a week after the North...

Canada on 'high alert' bracing for migrants fleeing US

2024-11-10 00:00:00

OTTAWA, Nov 09 (AFP): Canadian authorities said Friday they're on "high alert" with all eyes on the US border as the country braces for a possible influx of migrants from the United States.US President-elect Donald Trump has promised the largest...

Pak separatists kill 26 in Quetta

2024-11-10 00:00:00

QUETTA, Nov 09 (AFP): A bombing claimed by Pakistani separatists killed 26 people including 14 soldiers at a railway station in the southwestern Balochistan province, a hospital spokesman said Saturday.The blast hit as passengers waited on a platform at the...

US charges Iranian man in plot to kill Trump

2024-11-10 00:00:00

NEW YORK, Nov 09 (Reuters): The United States charged an Iranian man on Friday in connection with an alleged plot ordered by Iran's elite Revolutionary Guards Corps to assassinate President-elect Donald Trump, the Department of Justice said.Farhad Shakeri informed law...

Republicans need 7 seats for US House majority

2024-11-10 00:00:00

NEW YORK, Nov 09 (Reuters): Donald Trump's Republicans held on to a narrow edge on Friday as election officials tallied the final votes that will determine control of the US House of Representatives, though Democrats succeeded in flipping a pair...

'Crimea is gone': Focus must be on peace in Ukraine

2024-11-10 00:00:00

NEW YORK, Nov 09 (BBC): A senior adviser to president-elect Donald Trump says the incoming administration will focus on achieving peace in the war in Ukraine rather than winning back territory.Bryan Lanza, a Republican party strategist, told the BBC the...

How JCI Bangladesh debating team claimed 2024 world championship

FE YOUTH DESK | 2024-11-10 00:00:00

Last week the Junior Chamber International (JCI) Bangladesh debate team secured an extraordinary victory at the 2024 JCI World Debating Championship. This remarkable accomplishment marks the first time a team from JCI Bangladesh has claimed this prestigious title globally. It...

The making of a global medical leader

IFTEKHARUL ISLAM | 2024-11-10 00:00:00

The medical scenario in Bangladesh is perceived to be not positive for underpaying freshly graduated medical students and a lack of adequate funding for medical universities and research facilities throughout the country, even though the country has a continuous demand...

Prime Bank signs agreement with Crown Cement

2024-11-10 00:00:00

Prime Bank PLC has signed an agreement with Crown Cement PLC at the bank's corporate office recently. Under this agreement, employees of Crown Cement will enjoy preferential banking services, including credit card and loan facilities. They will also enjoy PrimePay,...

EXIM BANK HOLDS BUSINESS DEVELOPMENT CONFERENCE 2024

2024-11-10 00:00:00

EXIM Bank held its 'Business Development Conference 2024' on Saturday. Md. Nazrul Islam Swapan, chairman of the bank, was present as the chief guest while Feroz Hossain, the managing director and CEO, presided over the conference at the bank's head...

Laurels for Standard Chartered at Visa's Excellence Awards

2024-11-10 00:00:00

Standard Chartered Bangladesh has recently received three awards at Visa's Payments Excellence Awards 2024. The award programme was held as a part of an event titled "Visa Leadership Conclave Bangladesh 2024."During the awards ceremony, the Bank received the most-anticipated award...

Policy reform needed to spur ICT sector growth

FE REPORT | 2024-11-10 00:00:00

Experts at a seminar on Saturday emphasized the need for strategic reforms to enhance upskilling workforce, develop higher-value added IT services and expand manufacturing capabilities in the semiconductor value chain, aiming to broaden Bangladesh's IT market. They highlighted that the...

AGRANI BANK HOLDS SYLHET CIRCLE MANAGERS' CONFERENCE

2024-11-10 00:00:00

Agrani Bank on Friday held its branch managers' conference on a 58-day special initiative, 'Uddipta Jatra-2024' and two-month 'Khelapi Rin Aday Kormasuchi' (programme for collecting defaulted loans) by the Recovery division. It was held in the conference room of Sylhet...

ICB ASSET MANAGEMENT COMPANY HOLDS 24th ANNUAL GENERAL MEETING

2024-11-10 00:00:00

The 24th Annual General Meeting of ICB Asset Management Company, a subsidiary of Investment Corporation of Bangladesh (ICB), was held on Saturday at Green City Edge, Kakrail, Dhaka. The meeting was presided over by Professor Abu Ahmed, chairman of the...

Mercantile Bank distributed food items

2024-11-10 00:00:00

A S M Feroz Alan, sponsor director of Mercantile Bank PLC, distributed food items among 900 poor families at Kalaiya in Baufal, Patuakhali, on Friday. Md. Quamrul Islam Chowdhury, Managing Director, and Mati Ul Hasan, Additional Managing Director of the...

Submission of tax return to be connected to more services' provision

2024-11-10 00:00:00

The National Board of Revenue (NBR) has taken a move to put more emphasis on ensuring submission of PSR (proof of submission of income tax return) in related fields aiming to expand tax net as well as enhance revenue collection,...

New JBCCI office-bearers

2024-11-10 00:00:00

Tareq Rafi Bhuiyan (Jun) has been elected as president of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) while Maria Howlader FCA as secretary general and Kenji Kimura as treasurer for the year 2024-2026. Mr. Tareq Rafi Bhuiyan is the Managing...

LNG projects to cost Bangladesh $50b

2024-11-10 00:00:00

A report by Market Forces, Waterkeepers Bangladesh, and Dhoritri Rokkhay Amra (DHORA) reveals that the development of new liquefied natural gas (LNG) power projects and import terminals could cost the Bangladesh economy an estimated US$50 billion, reports UNB.The report also...

Listed SME firms thrive on strong sales, low forex risk

BABUL BARMAN | 2024-11-10 00:00:00

Despite persistent high inflation and macroeconomic challenges, majority of companies listed on the SME Platform of the Dhaka Stock Exchange reported year-on-year profit growth for FY24, with six firms posting double-digit gains.SME companies in sectors such as seafood, poultry and...