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Bangladesh becoming Saudi investors' hotspot

FE REPORT | 2024-10-01 00:00:00

Bangladesh is increasing drawing attention from Saudi businessmen and investors who are keen on investing here, said Foreign Affairs Adviser Md Touhid Hossain.Leading Saudi companies like ACWA Power and SABIC are exploring opportunities in the renewable energy, logistics and infrastructure...

BHP expects copper demand to grow by 1m tonnes a year until 2035

2024-10-01 00:00:00

Australian miner BHP expects the world to consume an extra 1 million metric tons of copper per year on average until 2035 due to the adoption of copper-intensive technologies, double the annual volume growth in the past 15 years, reports...

Palm futures decline on stronger ringgit

2024-10-01 00:00:00

KUALA LUMPUR, Sept 30 (Reuters): Malaysian palm oil futures ended the month with overall gains, but declined on Monday, marking the second consecutive session of losses as a stronger ringgit weighed on sentiment and traders remained cautious as palm continues...

Gold eases from record high

2024-10-01 00:00:00

Gold eased from its recent record high on Monday, but was still set for its biggest quarterly gain in more than eight years on the back of geopolitics and the U.S. Federal Reserve's rate cut, reports Reuters. Spot gold was...

Britain's biggest steel works to end production after 100 years

2024-10-01 00:00:00

LONDON, Sept 30 (Reuters): Britain's biggest steelworks will end production later on Monday, when the final blast furnace at Port Talbot in Wales will close after more than 100 years of steelmaking, at a cost of almost 3,000 jobs.The closure...

Oil prices fall on strong supply outlook

2024-10-01 00:00:00

LONDON, Sept 30 (Reuters): Oil prices declined on Monday and were on track to fall for the third month in a row as a strong supply outlook and questions around demand outweighed fears that Israeli strikes in Lebanon and Yemen...

News in Brief -2024-10-01

2024-10-01 00:00:00

Far right wins Austria electionVIENNA, Sept 30: Austrian voters handed a first-ever general election victory to the far-right Freedom Party on Sunday, preliminary results showed, illustrating rising support for hard-right parties in Europe fuelled by concern over immigration levels. The...

Rate of ocean warming has doubled since 2005

2024-10-01 00:00:00

BREST, Sept 30 (AFP): The pace at which oceans are warming has almost doubled since 2005 as global temperatures rise because of human-caused climate change, a report from the EU monitor Copernicus said Monday.The findings by the Copernicus Marine Service...

Hezbollah ready for Israeli offensive

2024-10-01 00:00:00

BEIRUT, Sept 30 (AFP/AP): Hezbollah's deputy leader Naim Qassem said Monday the Iran-backed group was ready to face any Israeli ground operation, warning that the battle could last a long time.In a televised address, Qassem also said Hezbollah would choose...

Japan's new PM announces snap polls on Oct 27

2024-10-01 00:00:00

TOKYO, Sept 30 (BBC): A mere three days after being elected as the new leader of Japan's ruling party, incoming Prime Minister Shigeru Ishiba has announced plans for a snap election on 27 October.Ishiba, 67, replaced outgoing prime minister, Fumio...

Jhenaidah farmers make profit by cultivating off-season cauliflower, cabbage

2024-10-01 00:00:00

JHENAIDAH, Sept 30 (UNB): Farmers in Jhenaidah are making good profit by cultivating cauliflower and cabbage in summer due to their huge demand among customers and high market price.Farmers said that cultivation of the vegetables begins in Ashar (June-July) and...

Two killed being hit by covered van in Dinajpur

2024-10-01 00:00:00

DINAJPUR, Sept 30 (UNB): Two people were killed and two others injured when a covered van ploughed through several rickshaw vans in the Raniganj Bazar area of Ghoraghat upazila in Dinajpur district on Monday morning.The deceased were Abdul Goffar, 68,...

Flooding improves in Lalmonirhat, Kurigram

OUR CORRESPONDENT | 2024-10-01 00:00:00

The overall flood situation of Lalmonirhat and Kurigram district are improving rapidly as water level from many areas has started receding in the last 12 hours.Our Correspondent from Lalmonirhat says, most of the low-lying areas of the district went under...

Improving air cargo management for smooth export operations

Abu Mukhles Alamgir Hossain | 2024-10-01 00:00:00

Efficient cargo handling is crucial for export-driven economies like Bangladesh. Air transport plays a significant role in logistics management, accounting for 6.20 per cent of exports. Due to the short seasonal cycles in the global fashion industry, apparel buyers increasingly...

Creating awareness against road accident

2024-10-01 00:00:00

The rate of road accidents in the country is increasing daily, with roads claiming countless lives. Every day, as one turns on the TV or flips through the newspaper, reports of numerous road accidents dominate the headlines. Despite laws and...

Repair the roads of Subarnachar

2024-10-01 00:00:00

Subarnachar is a beautiful upazila in the Noakhali district, situated on the banks of the Meghna River, where various types of flowers and crops flourish. Agriculture is the primary source of livelihood for the people here. However, it is unfortunate...

Revisiting solar power

Syed Fattahul Alim | 2024-10-01 00:00:00

When the need for exploiting all sources of renewable energy including that of the tropical sun is being felt more than ever, the number of existing Solar Home Systems (SHSs) that converts solar energy into electricity through a photovoltaic (PV)...

Reforming the ACC

Helal Uddin Ahmed | 2024-10-01 00:00:00

One of the long-term recommendations of the Public Administration Reform Commission (PARC) that submitted its report in 2000 was to establish an Independent Commission Against Corruption (ICAC). Subsequently, the Government of Bangladesh did establish an Anti Corruption Commission (ACC) in...

'Blue network' of canals

2024-10-01 00:00:00

Syeda Rizwana Hasan, environment, forest and climate as well as water resources adviser of the interim government comes up with her government's plan to create what she calls a 'blue network' with proper use of canals -- both already in...

Ending the cheap labour dependency

Md Rubaiyath Sarwar | 2024-10-01 00:00:00

Bangladesh has built an entire export portfolio based on cheap labour. The domestic industries also thrive on cheap labour. Both in domestic and export markets, Bangladesh competes in price-sensitive markets. Low price is the value that we deliver. To a...

Not cosmetic reforms

CAF Dowlah | 2024-10-01 00:00:00

In every country --- no matter developed or developing --- the central bank serves as the economy's nervous system. It regulates interest rates, controls money supply, maintains foreign exchange reserves, and fights inflation. Such responsibilities are critical to ensuring economic...

Navigating economic uncertainty -

2024-09-30 12:00:00

Businesses today face significant challenges in navigating economic uncertainty. The fluctuations in the economy can create both obstacles and opportunities for organisations of all sizes. Recent economic conditions have been marked by unpredictable shifts, whether due to inflation, supply chain...

Joint forces arrest 'Pichchi Raza', 34 others from Geneva Camp

2024-09-30 00:00:00

Joint forces in a drive arrested 35 people, including suspected drug peddler "Pichchi Raza," from the Geneva Camp in Dhaka's Mohammadpur area on Sunday, reports UNB.According to an ISPR press release, the joint forces, comprising RAB, police and army personnel,...

Weather (2024-09-30)

2024-09-30 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Mymensingh, Dhaka, Chattogram and Sylhet divisions and at many places over Rangpur, Rajshahi, Khulna and Barishal divisions with moderately heavy to heavy...

Action being taken against absentee police personnel: DMP commissioner

2024-09-30 00:00:00

Dhaka Metropolitan Police (DMP) Commissioner Md Mainul Hasan on Sunday said processes have already started to take action against the police personnel who have not joined their workplace yet, reports UNB.He made the remark while responding to a question from...

Probe body visits Khagrachhari

2024-09-30 00:00:00

KHAGRACHHARI, Sept 29 (UNB): The probe body formed to investigate the recent violence in the Chattogram Hill Tracts (CHT) started its activities through visiting the Larma Square Bazar, which was set of fire on September 19, in Dighinala upazila of...

85 return after imprisonment in Myanmar

OUR CORRESPONDENT | 2024-09-30 00:00:00

COX'S BAZAR: Eighty-five Bangladeshis have returned home after their imprisonment in Myanmar. On the other hand, 123 BGP and army personnel who fled to save their lives due to the conflict in the country are going back to Myanmar.On Sunday...

Senior journo Badiul Alam passes away

2024-09-30 00:00:00

Badiul Alam, former senior vice-president and treasurer of the National Press Club, passed away in the capital on Sunday. He was 78, reports UNB.Badiul Alam, also former city editor of News Today, breathed his last at his residence in Eskaton...

UN, partners launch $134m appeal for BD

FE REPORT | 2024-09-30 00:00:00

The UN and partners have launched a humanitarian appeal for US$134 million to provide urgent relief and support to the communities affected by the ongoing cyclones and monsoonal floods in Bangladesh. Since May 2024, the country has been severely impacted...

RAB arrests SUST BCL president

2024-09-30 00:00:00

SYLHET, Sep 29 (UNB): Members of Rapid Action Battalion (RAB) arrested president of Shahjalal University of Science and Technology (SUST) unit of Bangladesh Chhatra League (BCL) Khalilur Rahman from Mymensingh's Bhaluka on Saturday.Mashihur Rahman, assistant superintendent of police at RAB-9,...