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Fakhrul condemns Israeli air strikes on Beirut

FE REPORT | 2024-10-05 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir has said that the world is playing a silent spectator's role after Israeli air strikes on Lebanon's Beirut. He further said question is also now in public minds about the role of the...

US, India set to cooperate on critical minerals

2024-10-05 00:00:00

WASHINGTON, Oct 4 (AFP): The United States and India are set to work together on supply chains for critical minerals that are key to clean energy technologies, the US Commerce Department said Thursday in a statement.US Commerce Secretary Gina Raimondo...

UK announces £22bn for carbon capture projects

2024-10-05 00:00:00

LONDON, Oct 4 (AFP):The UK government on Friday announced investment of nearly £22 billion ($28.8 billion) in projects to capture and store carbon emissions created by industry and energy production.The money will fund "carbon capture clusters" in Merseyside, northwest England,...

Bangladesh yet to tap into potential of Brazilian animal protein: Ambassador

2024-10-05 00:00:00

Brazilian Ambassador to Bangladesh, Paulo Fernando Dias Feres, has said that Bangladesh has yet to fully explore the potential of accessing Brazilian animal protein, particularly beef, reports UNB.He suggested that Bangladesh could consider Brazilian meat as a low-cost nutrition option...

Egg, chilli, hilsa prices rise amid lax market monitoring

FE REPORT | 2024-10-05 00:00:00

The prices of egg, vegetable, delicious hilsa, green chilli and other commodities have surged over the past week, making the items increasingly unaffordable for poor and low-income consumers.Apart from ongoing rainfall across the country, market observers said, insufficient market monitoring...

AL-ARAFAH ISLAMI BANK SIGNS MOU WITH HBRI

2024-10-05 00:00:00

Al-Arafah Islami Bank PLC signed a Memorandum of Understanding (MoU) with Housing and Building Research Institute (HBRI) for sustainable and eco-friendly housing development. Director General of HBRI Md Ashraful Alam was present as the chief guest at the event. Deputy...

China-focused hedge funds post explosive returns

2024-10-05 00:00:00

HONG KONG, Oct 4 (Reuters); Some China-focused hedge funds are reporting explosive returns in September, thanks to a sharp rebound in Chinese stocks driven by Beijing's aggressive stimulus package.The surge in stocks, which fuelled a 25 per cent record jump...

Islami Bank tops DSE turnover chart

FE REPORT | 2024-10-05 00:00:00

Islami Bank Bangladesh dominated the weekly turnover chart of the Dhaka Stock Exchange (DSE) this week, with three other banks also making the top turnover list, as investors actively traded banking stocks.The three other banks are BRAC Bank, Social Islami...

Investors lose Tk 135b as stocks bleed

FE REPORT | 2024-10-05 00:00:00

Stocks continued their downward spiral this week, sparking protests from investors, as a series of strict regulatory measures, policy changes, and rising interest rates have dampened investor sentiment, contributing to volatility in the market.The market has remained bearish over the...

News in Brief -2024-10-05

2024-10-05 00:00:00

Philippines accuses China of assaulting Vietnamese fishermen in S China SeaMANILA, Oct 04: The Philippines accused Chinese maritime officials on Friday of carrying out an "unjustified assault" on Vietnamese fishermen in the contested waters of the South China Sea, adding...

Donald Trump tries to blunt Democrats’ momentum in North Carolina

2024-10-05 00:00:00

FAYETTEVILLE, Oct 04 (Agencies): Donald Trump is heading to North Carolina for the fourth time in a month, as the Republican presidential candidate tries to firm up support in a state he was winning handily a few months ago but...

Kim threatens to use nukes if attacked

2024-10-05 00:00:00

SEOUL, Oct 04 (AFP): North Korean leader Kim Jong Un said his country would use nuclear weapons "without hesitation" if attacked by the South and ally the United States, state media reported Friday.Relations between the two Koreas are at one...

Indian FM Jaishankar to visit Pakistan for SCO summit

2024-10-05 00:00:00

NEW DELHI, Oct 04 (Reuters): Indian Foreign Minister Subrahmanyam Jaishankar will visit Pakistan to participate in the Shanghai Cooperation Organisation (SCO) summit this month, the Indian foreign ministry spokesman said on Friday.The visit will be the first by an Indian...

Pakistan seals off capital, blocks cellphones ahead of protest by Imran Khan’s party

2024-10-05 00:00:00

ISLAMABAD, Oct 04 (Reuters): Authorities in Pakistan sealed off the capital, Islamabad, and blocked cellphone services on Friday to prevent an anti-government rally by supporters of jailed former Prime Minister Imran Khan, officials said.It would be the latest in a...

Japan PM warns ‘today’s Ukraine could be tomorrow’s East Asia’

2024-10-05 00:00:00

TOKYO, Oct 04 (AFP): Japan's new Prime Minister Shigeru Ishiba warned in his first policy speech Friday that "today's Ukraine could be tomorrow's East Asia" while also dubbing the country's low birth rate a "quiet emergency"."Many fear that today's Ukraine...

Khamenei in rare sermon vows to keep up fight against Israel

2024-10-05 00:00:00

BEIRUT/JERUSALEM, Oct 04 (Reuters): Iran's supreme leader Ayatollah Ali Khamenei, delivering a rare Friday sermon in Arabic, defended this week's missile attack on Israel that deepened fears of a regional war and praised allies' defiance.Speaking in front of tens of...

Afghanistan captain Rashid ties the knot

2024-10-05 00:00:00

Afghanistan cricket T20I captain Rashid Khan tied the knot on Thursday in a cheerful wedding ceremony attended by his fellow cricketers, admirers and loved ones, according to Pakistani Tv channel Geo Tv.Khan is considered one of the finest cricketers of...

Prohibitory orders imposed in Gwalior ahead of India vs Bangladesh 1st T20I tomorrow

2024-10-05 00:00:00

GWALIOR, Oct 04 (PTI): Days before a T20I cricket match between India and Bangladesh in Gwalior, the district magistrate has clamped prohibitory orders, banning protests and circulation of inflammatory material, especially on social media, to maintain peace and ensure an...

Belgium without Lukaku, Bruyne against France, Italy

2024-10-05 00:00:00

BRUSSELS, Oct 04 (AP): Belgium coach Domenico Tedesco called up four new players Friday for upcoming games against Italy and France in the Nations League while leaving out stalwarts Romelu Lukaku and Kevin De Bruyne.Malick Fofana, Cyril Ngonge, Matte Smets...

PCB yet to pay salaries of men's, women's team

2024-10-05 00:00:00

There is growing unrest within the Pakistan cricket camp over the persistent delay in the disbursement of players' monthly retainers, sponsorship shares, and the announcement of central contracts. According to a report from PTI, the Pakistan Cricket Board (PCB) has...

S Africa brush aside Windies for convincing win

2024-10-05 00:00:00

Laura Wolvaardt and Tazmin Brits carried their bats to take South Africa to a clinical 10-wicket victory against West Indies in their T20 World Cup opener at the Dubai International Stadium in Dubai on Friday, reports South Africa's online sports...

Tigresses face England today

2024-10-05 00:00:00

In match 6 of the Women's T20 World Cup 2024, Bangladesh women will face off against England women at the Sharjah Cricket Stadium in UAE today (Saturday), report agencies. Both teams aim to secure vital points early in the tournament.'Hopefully,...

THE VICE CHANCELLOR

Serajul I. Bhuiyan | 2024-10-05 00:00:00

Recently this scribe had an exciting interaction with the members of the Board of Trustees (BoT) from one of the leading private universities in Bangladesh. The most appropriate question they posed was: What are the qualities and strategies that a...

Aging is neither the end of life nor the world

Nilratan Halder | 2024-10-05 00:00:00

Aging is a process that culminates in life's end. Not all people have the luxury of enjoy aging. Geriatric maturity of skin, flesh, veins, blood and bones ---let alone hair, eyesight and hearing--- has its attendant ills. The thicker the...

Energy crisis: A growing concern

2024-10-05 00:00:00

Bangladesh, a developing country with aspirations for economic growth, is currently grappling with an energy crisis that hampers its progress. As the population increases and industrialisation accelerates, there is a marked decrease in the availability of energy resources, leading to...

Politics hinders prospect of business

2024-10-05 00:00:00

In Bangladesh, politics is one of the glorified subjects. However, intersection of politics and commerce poses significant threats to aspiring entrepreneurs. Political involvement often creates barriers to market penetration, fosters governmental biases, and hinders the ability to expand freely. This...

Introducing traditional medicine act

Tanim Asjad | 2024-10-05 00:00:00

Traditional medicine, having a long history in South Asia, is still popular with many people across the region. Instead of taking modern medicine, they are more comfortable with traditional medicine, which is known as the 'sum of the knowledge, skills...

The role of remittance in buoying economy

Syed Mansur Hashim | 2024-10-05 00:00:00

As problems continue to plague exports from Bangladesh, particularly on account of the ongoing protests, vandalism and closure of readymade apparel factories, the one good thing that helps keep the economy buoyant is remittance sent by expatriate workers. In fact,...

Sustaining higher remittance inflow

2024-10-05 00:00:00

What amounts of remittance dollars the wage earners are sending home every month from abroad had never been so concerning as it is now. This is for the simple reason that remittance is the major source of hard currency to...

FDI reform to improve investment climate

TIM Nurul Kabir | 2024-10-05 00:00:00

Bangladesh is a country with high potential for Foreign Direct Investment (FDI). Large investment inflow in electricity, transport, and telecommunications is creating a strong foundation for business. Other major sectors of foreign investments include readymade garments and textiles, energy and...