FE Today Logo

Search results for:


Farmer killed, wife injured during robbery in Natore

2024-09-18 00:00:00

NATORE, Sep 17 (UNB): A farmer was killed, and his wife was injured in an attack during a robbery at their home in Gurudaspur upazila, Natore on Tuesday morning. The incident happened around 4:30 am in the Bri-Chapila village of...

Erosion hits Jamuna embankment in Sirajganj

2024-09-18 00:00:00

SIRAJGANJ, September 17 (UNB): Erosion has occurred on the Jamuna River embankment in the Old Meghai area of Kazipur Upazila, Sirajganj, causing a 70-meter section of the embankment to collapse. However, the Bangladesh Water Develo-pment Board (BWDB) has reported that...

Record-breaking 241 mm rainfall in Kushtia

2024-09-18 00:00:00

KUSHTIA, Sept 17 (UNB): Kushtia has experienced unprecedented rainfall over the past two days, with 241 millimetres of rain recorded in just 48 hours, causing widespread public distress.The downpour, driven by a low-pressure system, started with light drizzle on Friday...

Dharmapasha Health Complex facing acute staff shortage

OUR CORRESPONDENTS | 2024-09-18 00:00:00

Patients of Dharmapasha Upazila Health Complex in Sunamganj are being deprived of proper medical services due to a shortage of staff members.Sources said patients are not getting necessary medicare services in the health complex.In another development, the only X-ray machine...

Apple shares slip as shorter iPhone 16 shipping times signal soft demand

2024-09-18 00:00:00

Shares of Apple fell nearly 3 per cent on Monday after some analysts said delivery times for the new iPhone 16 Pro models indicated weaker-than-expected demand, possibly due to the delayed rollout of key artificial intelligence features, reports Reuters.Apple last...

China tells Italy: EU electric vehicle probe affecting investor confidence

2024-09-18 00:00:00

BEIJING, Sept 17 (Reuters): Chinese Commerce Minister Wang Wentao said on Monday the EU investigation into Chinese electric vehicles was seriously affecting Chinese car companies' confidence in investing in Italy, as a regional vote on additional tariffs looms.Cooperation between the...

Most Asian markets up ahead of Fed but Tokyo hit by strong yen

2024-09-18 00:00:00

HONG KONG, Sept 17 (AFP): Most Asian markets rose Tuesday but Tokyo sank more than one percent as exporters were hit by a stronger yen with traders gearing up for a bumper US interest rate cut and a key Japanese...

Indonesia's trade surplus beats forecast in August

2024-09-18 00:00:00

JAKARTA, Sept 17 (Reuters): Indonesia's trade surplus rose to a three-month high in August, topping forecasts, as exports grew much faster than expected, official data showed on Tuesday.The August trade data is among economic indicators the central bank will analyse...

Credit Agricole CIB chooses carbon trading over gold

2024-09-18 00:00:00

LONDON, Sept 17 (Reuters): France's second largest listed bank Credit Agricole has decided to replace precious metals with trading in the regulated carbon markets starting from 2025, three sources with knowledge of the matter told Reuters.The move signals the increasing...

Uttara Bank opens Muktagacha Sub-branch

2024-09-18 00:00:00

Mohammed Rabiul Hossain, Managing Director & CEO of Uttara Bank PLC, inaugurated the 40th Sub-branch of the bank at Muktagacha, Mymensingh, on Thursday. Md. Mahbubur Rahman, General Manager (BCCSD), and Md. Mostafizur Rahman, Deputy General Manager & Zonal Head (Mymensingh...

MTB FOUNDATION ORGANISES EYE CARE CAMP

2024-09-18 00:00:00

MTB Foundation, in partnership with Ispahani Islamia Eye Institute and Hospital, organised a 'Community Health Partnership, Predominantly Eye Health' programme at Akhrabari, Patuakhali, Barisal. The programme was attended by MTB's Chief Executive Officer Samia Chowdhury and Associate Golam Rabbani. A...

ICB HOLDS MEETING WITH STAKEHOLDERS

2024-09-18 00:00:00

A meeting with the participation of the stakeholders of the Investment Corporation of Bangladesh, (ICB) Chittagong was recently held at the bank's regional branch in Agrabad, Chittagong. ICB Chairman Professor Abu Ahmed attended the meeting as chief guest on Sunday....

BRAC Bank supports oxygen plant at Kidney Foundation Sylhet

2024-09-18 00:00:00

BRAC Bank has contributed to the establishment of an oxygen plant at the new premises of Kidney Foundation Sylhet, reinforcing its commitment to the healthcare sector, says a statement. This initiative complements the bank's unique and inclusive health initiative, "BRAC...

Walton rolls out new ecOzone AC

2024-09-18 00:00:00

The country's leading air-conditioner brand 'Walton' has launched the world's most environment-friendly models of ecOzone series AC. These new model ACs uses R290 gas which is a class A3 natural hydrocarbon refrigerant with a low environmental impact. In Bangladesh, only...

Govt considers issuing bonds to settle BPDB’s debt to private power plants

2024-09-18 00:00:00

The interim government is considering the issuance of additional bonds to address the Bangladesh Power Development Board's (BPDB) mounting unpaid dues to private power producers. This move aims to ease the financial strain on independent power producers (IPPs) and stabilize...

Standard, Exim banks to raise Tk 6b through bonds

FE REPORT | 2024-09-18 00:00:00

Standard Bank and Exim Bank have received Bangladesh Bank's approval to raise Tk 6 billion in total by issuing subordinated bonds for strengthening their Tier-II capital base under Basel-III norms.The central bank has given no objection certificate (NOC) to Standard...

Brokers' alliance demands task force to undo wrongs by previous regime

FE REPORT | 2024-09-18 00:00:00

The DSE Brokers Association (DBA) of Bangladesh demanded a special task force to overhaul the country's moribund capital market.The primary and secondary market does not have the capacity to attract people's savings and transform them into investments. The Dhaka Stock...

Excessive screen exposure for children

2024-09-18 00:00:00

In recent years, digital screens have become integral to modern life, used for communication, work, and entertainment. Once predominantly the domain of adults, screen usage now includes a growing number of young children. The proliferation of smartphones, tablets, and laptops...

Govt must finance and promote Sonali bag

Syed Mansur Hashim | 2024-09-18 00:00:00

Environment, forest and climate change adviser to the government has instructed the city's super shops not to use polythene bags but arrange for the biodegradable and environmentally friendly alternative. The environment advisor is well known nationally and internationally for her...

Fresh focus on jute packaging

Wasi Ahmed | 2024-09-18 00:00:00

The directive of the interim government to halt use of poly bags in the super shops looks like a first step in materialising the mandatory jute packaging law that seemingly lost its urgency despite sporadic moves to enforce it in...

US support for trade and investment

2024-09-18 00:00:00

As the first ever visit by any foreign diplomats to Bangladesh following the political changeover at its helm, a high-powered multi-agency U.S. delegation met the leaders of the interim government headed by Chief Adviser Dr Yunus on September 15 last....

Strategising sustainable and equitable economic growth

M. Rokonuzzaman | 2024-09-18 00:00:00

Although debt-driven infrastructure development through giving contracts to foreign firms, expansion of exports through incentives, growth of domestic firms through protection, and alleged cronyism have increased Bangladesh's gross domestic product (GDP), there have been questions about sustainability and equitability. Hence,...

Ghana lost 160k tonnes of cocoa to smuggling in 2023/24 season

2024-09-18 00:00:00

ACCRA, Sept 17 (Reuters): Ghana has lost more than a third of its 2023/24 cocoa output to smuggling, a top official from the cocoa marketing board (Cocobod) told Reuters, as low local prices and payment delays push some farmers to...

US solar jobs rise 6pc in 2023

2024-09-18 00:00:00

US solar industry jobs rose 6 per cent last year to nearly 280,000, their highest level ever, according to an annual study known as the National Solar Jobs Census published on Monday by the nonprofit Interstate Renewable Energy Council, reports...

Gold rally hits pause as Fed rate decision looms

2024-09-18 00:00:00

Gold prices eased on Tuesday after scaling an all-time high while all eyes were on the US interest rate decision that traders are betting may start with an outsized cut, reports Reuters.Spot gold fell 0.4 per cent at $2,572.20 per...

Oil steady with spotlight on US rate verdict

2024-09-18 00:00:00

Oil prices held steady on Tuesday in choppy trade as the focus turned to the US Federal Reserve's policy meeting that concludes on Wednesday, while fears of weaker demand in China curbed gains, reports Reuters.Prices saw some support from prospects...

The ones we choose and the ones we don't

SOFIA NOOR | 2024-09-18 00:00:00

No matter how weird it may sound, the taste of restaurants is a dealmaker when it comes to making a good impression. The presence of photogenic, social media-acclaimed varieties of dining and the presence of food-centric services nonchalant about the...

Recognising early signs of kidney disease

NUSRAT MUNIA | 2024-09-18 00:00:00

Kidney disease is often referred to as a 'silent disease' due to its lack of noticeable early symptoms, making it difficult for individuals to realize when their kidneys may not be functioning properly. Only 10% of people with kidney disease...

Why bachelor lifestyles often lack organization

IFTEKHARUL ISLAM | 2024-09-18 00:00:00

Most university students' rooms worldwide have a key characteristic: messy rooms with books, clothes, and other belongings everywhere, reflecting the chaotic lifestyle of students. Many young men, especially bachelors, struggle to maintain a clean and organized living space alone or...

A billionaire in S’pore, minnow in Bangladesh

DOULOT AKTER MALA | 2024-09-16 12:00:00

A multibillionaire tycoon in Singapore is found a minnow in Bangladesh as tax sleuths find his local asset coming to only 2.52 per cent of his second-home wealth. Taxmen's initial finding reveals that Aziz Khan, rated as the 43rd billionaire...