FE REPORT | 2024-11-08 00:00:00
Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir has urged the interim government to hold the national election within an appropriate timeframe to help eliminate uncertainty in the country."The interim government can hold the general election at rational...
FE REPORT | 2024-11-08 00:00:00
Donald Trump's victory in the US presidential elections will not have major impact on the US Bangladesh bilateral ties, said foreign adviser Touhid Hossain on Thursday."There is no need for speculation, let him take over the office. It will take...
The High Court (HC) on Thursday set November 14 for pronouncing judgment on a rule that questions the legality of two provisions regarding quick rentals, reports BSS. These provisions include giving quick rental power plants immunity from legal bindings and...
Hundreds of boats shuttle between both banks of the Buriganga, the lifeline for Dhaka, to ferry passengers. Many boatmen live in their water vessels after their service. This Thursday morning picture shows a small boat with its owner sleeping inside...
Seven more people have died of dengue while 1,209 new patients have been hospitalised with the Aedes mosquito-borne disease across Bangladesh in the past 24 hours till Thursday morning.The Directorate General of Health Services, or DGHS, said as many as...
FE REPORT | 2024-11-08 00:00:00
Bangladesh's purchasing managers' index (PMI) climbed to 55.7 in October, a 6.0-point spike from the previous month, thereby signalling an economic expansion after three consecutive months of contraction.A PMI reading above 50 indicates that the economy is generally 'expanding'. A...
Leaders and activists of BNP and its associate bodies observed the 'National Revolution and Solidarity Day' on Thursday by holding various programmes, commemorating the 'civil-military uprising' in November 7, 1975.On October 31, BNP announced a 10-day programme to mark the...
SAJIBUR RAHMAN | 2024-11-08 00:00:00
As many as 42 government organisations are unable to recover their money from the troubled Padma Bank, formerly Farmers Bank, as a staggering Tk 60-billion deposits remain locked in it.Of the deposits is Tk 8.74 billion from the Climate Change...
MIR MOSTAFIZUR RAHAMAN | 2024-11-08 00:00:00
Chief Adviser (CA) Dr Muhammad Yunus is scheduled to leave for Azerbaijan on November 10 to join the World Leaders Climate Action Summit at COP 29 in the country's capital, Baku.A bilateral meeting likely to be held between Dr Yunus...
MUNIMA SULTANA | 2024-11-08 00:00:00
Despite the Bangladesh government's green signal to go ahead, uncertainty over implementation of the projects of Bangladesh Railway (BR) under the Indian Line of Credit (LoC) is still persisting due to continued inaction by the authorities concerned from the Indian...
WASHINGTON, Nov 7 (Reuters): Donald Trump's victory in the US presidential election has darkened the outlook for a strong deal at the COP29 climate summit next week and will increase pressure on Europe and China to lead international progress in...
FE REPORT | 2024-11-08 00:00:00
The Cyber-security Act now gets under the axe as the council of advisers of the interim government Thursday decided in principle to repeal the contentious law.Disclosing this, among other decisions made in a meeting of the council, Shafiqul Alam, Press...
FE REPORT | 2024-11-08 00:00:00
The government has introduced Orange Bonds with an intent to mobilise $1.0 billion immediately and up to $10 billion by 2030, aiming for sustainable and inclusive growth and gender-equitable economic empowerment.The United Nations Development Programme (UNDP) and Impact Investment Exchange...
SIDDIQUE ISLAM | 2024-11-08 00:00:00
Woes of private entrepreneurs compounded with formal-credit flow to the businesses having plummeted by 66 basis points to 9.20 per cent in September as their business-expansion plans get stymied.Money-market analysts and industry-insiders term such continuous ebb in the demand for...
FE REPORT | 2024-11-08 00:00:00
Controlling inflation may take 12 to 18 months, as required in the case of all countries after the tightening of monetary policy, says the central bank's governor as inflationary pressure hits a new high. The Bangladesh Bank Governor, Dr Ahsan...
FE REPORT | 2024-11-08 00:00:00
Over-all inflation heated up to 10.87 per cent in October with people in rural Bangladesh hit hard as the consumer price index (CPI) rose faster there by official count.The revelation made Thursday prompted the interim government's finance and banking authorities...
Asian equities, excluding China, witnessed sharp foreign outflows in October, as investors wary of the US presidential election outcome reacted to concerns over weaker-than-expected corporate earnings, overvalued stocks and rising bond yields, reports Reuters.According to LSEG data, foreigners offloaded a...
LONDON, Nov 7 (Reuters): Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency raises the prospects of hefty tariffs.European bonds emerged as winners, as expectations...
HONG KONG/SYDNEY, Nov 7 (Reuters): More US financial firms may pull back from China, hive off local units to minimise risks or pause expansion plans on concerns about geopolitical tensions in a Donald Trump presidency, industry executives and analysts said.Mainland...
TOKYO, Nov 07 (Reuters): Nissan Motor announced a $2.6 billion cost saving plan on Thursday, including 9,000 job cuts and a 20 per cent reduction in global production capacity as it battles falling sales in China and the United States.Japan's...
SHANGHAI, Nov 07 (Reuters): US agriculture producers are bracing for the prospect of a fresh trade war under US President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new tariffs would hurt, they...
NEW DELHI, Nov 07 (Reuters): India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged violations of foreign investment rules, two government sources said on Thursday.The searches come weeks after...
Regal Emporium, the country's leading furniture chain shop, has launched a campaign called 'Honey Bird,' offering customers a chance to win a honeymoon to Indonesia, along with discounts on furniture purchases. In addition to the chance to visit Bali for...
Sonali Bank Employees Association (CBA) congratulated Md Shawkat Ali Khan, the newly appointed CEO & MD of Sonali Bank PLC. CBA President Md Zakir Hossain and Secretary Md Mahbub Hossain greeted the new CEO with a bouquet recently. The CBA...
Bangladesh Bank hosted the closing ceremony of the 'Programme to Support Safety Retrofits and Environmental Upgrades in the Bangladeshi Ready-Made Garments (RMG) Sector (SREUP)' on Wednesday. The event celebrated SREUP's remarkable achievements in promoting sustainable practices and improving safety standards...
The United Nations Global Compact Network Bangladesh celebrated Sustainability Day 2024 with an event at a city hotel on Wednesday. This year's theme, "Building Resilience: Advancing Sustainability," reflects the critical moment in Bangladesh's history, with a change in the political...
Shipping Adviser Brigadier General (retd) Dr M Sakhawat Hussain on Thursday urged local and foreign investors to invest in the country's maritime and offshore industry to tap huge opportunities of the sector.He made the call while inaugurating the 6th edition...
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