The Bay Terminal project, envisioned to expand Chattogram Port's capacity and transform it into an international-standard facility, has come to a standstill following the fall of the Awami League government.Already delayed by bureaucratic hurdles, the project, initiated a decade ago,...
WASHINGTON, Dec 21 (Reuters): The imminent arrival of Donald Trump in the White House was already shaping global economic policy-making this week as the US Federal Reserve flagged fewer rate cuts and other leading central banks signalled caution over their...
The Principal Branch of Social Islami Bank arranged a 'Client Get-together' in Dhaka on Thursday. Mohammad Forkanullah, Managing Director (Acting) of the bank, was present as the chief guest while Deputy Managing Directors Abdul Hannan Khan and Md Nazmus Saadat...
The Dhaka Mass Transit Company Limited, or DMTCL, has begun selling Rapid Pass cards as an alternative to the Mass Rapid Transit, or MRT, pass cards for metro rail travel, citing a supply shortage of the latter, reports bdnews24.com.Previously, MRT...
Jalalabad Gas Transmission and Distribution System (JGTDS) and LafargeHolcim Bangladesh (LHB) have agreed, in principle, to extend gas sale agreement (GSA), effective from January 17, 2026.The decision was made at a meeting held at the Ministry of Energy and Mineral...
NAZIMUDDIN SHYAMOL | 2024-12-22 00:00:00
CHATTOGRAM, Dec 21: A ship carrying goods directly from Pakistan has arrived in Bangladesh waters for the second time. The Panama-flagged carrier, Yuan Xiang Fa Zhan, arrived in Chittagong Port waters on Friday and is scheduled to berth at the...
FE REPORT | 2024-12-22 00:00:00
Fresh fruits traders have demanded that the assessment value of imported dates be fixed as per international prices aiming to keep supply and prices of such items stable during the fasting month of Ramadan. To this effect, Bangladesh Fresh Fruits...
AB Bank recently organised a 'Business Review Meeting' at their head office in the capital. Syed Mizanur Rahman, managing director and chief executive officer (acting), attended the meeting along with other senior members from the bank's Dhaka and Chattogram regional...
SYDNEY, Dec 21 (Reuters): Dealmakers expect the momentum for new share sales in India, now the world's busiest market for initial public offerings, and Australia in 2025 will cushion the impact of sluggish Chinese deals in the Asia Pacific.The Mumbai-based...
The Investment Corporation of Bangladesh (ICB) in its 48th 'Annual General Meeting' approved 2 per cent cash dividends for the year ended in June this year. The meeting was held on Saturday on a virtual platform. Prof. Abu Ahmed, chairman,...
MOHAMMAD MUFAZZAL | 2024-12-22 00:00:00
Writing off bad debts behind negative equity partially or fully is the ultimate solution of the problem that has been gnawing away at the market's growth potential for more than a decade. Market intermediaries -- merchant banks and brokerage firms...
LUSAKA, Dec 21 (AFP): Zambian police said they have arrested two men for allegedly trying to "harm" the president of the southern African nation using witchcraft.Mozambican national Jasten Mabulesse Candunde, 42, and Zambian village chief Leonard Phiri, 43, were arrested...
WASHINGTON, Dec 21 (Reuters/AFP): Billionaire Elon Musk, set to join US President-elect Donald Trump's administration as an outside advisor, on Friday called on German Chancellor Olaf Scholz to resign in response to a deadly attack at a German Christmas market."Scholz...
MOSCOW, Dec 21 (AFP): Kyiv on Saturday staged a major drone attack on the Russian city of Kazan, 1,000 kilometres (620 miles) from the frontier, as Moscow's troops captured a new frontline village in eastern Ukraine.The drones damaged buildings in...
YANGON, Dec 21 (Reuters): A rebel army in Myanmar said it had captured a major military headquarters in the country's west, marking the fall of the junta's second regional command as it faces mounting setbacks against a nationwide armed resistance...
GAZA STRIP, Dec 21 (AFP): Gaza's civil defence rescue agency reported that an Israeli air strike killed 10 members of a family on Friday in the northern part of the territory, including seven children.Violence in the Gaza Strip continues to...
ISLAMABAD, Dec 21 (Reuters): Twenty-five civilians were sentenced by a Pakistani military court to periods of two to 10 years of "rigorous imprisonment" in connection with attacks on military facilities in 2023, the armed forces' media wing said on Saturday.The...
Dengue has become a life-threatening disease in Bangladesh in recent years, claiming an increasing number of lives since 2021. The year 2023 saw a record high number of dengue-related deaths, surpassing all combined totals of the previous 23 years. According...
It is frustrating that, amidst serious financial hardships faced by ordinary people due to the skyrocketing prices of essential commodities, businessmen and pharmacists are arbitrarily raising prices of life-saving drugs. This is akin to adding insult to injury when consumers...
Atiqul Kabir Tuhin | 2024-12-22 00:00:00
As Bangladesh prepares to graduate from a Least Developed Country (LDC), aligning business enterprises with Environmental, Social, and Governance (ESG) reporting standard is becoming a mandatory practice to boost their global competitiveness. ESG reporting is a globally recognised tool for...
Asjadul Kibria | 2024-12-22 00:00:00
As the world is preparing willy-nilly to embrace Donald Trump's trade regime, which will take effect from January 20, 2025, there is uneasiness about what will happen immediately after he takes the oath on that day. He will officially become...
That the per-acre Aman rice yield this season is notably higher than that of the last season, when the country reportedly had produced an all-time high of 16.7 million tonnes of Aman, is a piece of welcome news. Despite an...
Muhammad Mahmood | 2024-12-22 00:00:00
Donald Trump's decisive election victory - an extraordinary comeback no doubt -- has left world leaders contemplating on how to deal with his presidency's likely ramifications for the global economy, particularly in shaping its direction.In his pre-election campaigns he had...
Nilratan Halder | 2024-12-21 12:00:00
In this age of feverish competition for drawing attention, courtesy of social sites, the buzz words are 'going viral'. Some would go to the extra length, even to the point of their own bodily harm for going viral. If the...
At least eight people have been killed and more than 40 others injured after a truck carrying chemicals hit other trucks and caught fire outside a petrol pump in India's Jaipur.The incident took place on the Jaipur-Ajmer highway in the...
Bangladesh is reeling under a sharp drop in temperatures, with northern districts like Kurigram facing the harshest conditions, reports BSSOver the past week, temperatures have hovered between 11°C and 13°C, with the mercury dipping further at night amid dense fog...
Bangladesh fact-checking body Rumor Scanner called misleading the video claiming that the houses is set on fire near the Ijtema ground in Tongi, saying the viral fire incident was from Rohingya camp in last June, reports BSS. "The old video...
The Economist, a London-based prestigious magazine, has declared Bangladesh the country of the year for 2024, referring to the "recognition of the efforts of student-led street protests" that toppled an autocratic regime, reports BSS.The prestigious magazine made the announcement on...
TALHA BIN HABIB | 2024-12-21 00:00:00
Traffic police have realised nearly Tk 430 million in fines from different vehicles for violation of traffic rules during a special drive in the capital, an official said.The Traffic Division of the Dhaka Metropolitan Police (DMP) fined the vehicles by...
FE REPORT | 2024-12-21 00:00:00
The International Finance Corporation (IFC) has sought final approval from the government on Bangladesh Taka (BDT)-denominated bonds planned for the launch on the local market for industrial-and- business financing, officials said.Country manager of the IFC for Bangladesh Martin Holtmann, in...
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