LONDON, Sept 5 (Reuters): Oil firmed on Thursday, edging up from multi-month lows on a possible delay to output increases by OPEC+ producers and a decline in U.S. inventories, though the gains were capped by persistent demand concerns.Figures from the...
The recent police crackdown on protesters of the quota reform movement has sparked significant criticism and condemnation of the force, severely tarnishing their image. Additionally, there is considerable confusion among the public regarding the role of police officers. Currently, a...
In recent years, increased prices for essential commodities have gravely impaired the livelihoods of millions of people in Bangladesh. Poor people, in particular, have been writhing under the crushing weight of rising prices, and in July, the country saw 14...
Shiabur Rahman | 2024-09-06 00:00:00
Bangladesh is certainly one of the countries which have the dirtiest, torn or contaminated banknotes in circulation, showing the authorities' utmost apathy to the health hazards and the damage to the nation's symbols of culture those end up causing. Notes...
Nilratan Halder | 2024-09-06 00:00:00
The student movement responsible for the ouster of Hasina-led government has not only restored confidence in and respect for the community of learners but also raised high hopes for the country. Before history was made on August 5 last, courtesy...
The central bank's latest report on defaulted loans, though alarming, underscores the urgent need to devise ways for rescuing the struggling banking sector. Bangladesh Bank data reveal that by the end of June this year, non-performing loans (NPLs) had surged...
Matiur Rahman | 2024-09-06 00:00:00
Bangladesh is one of the most vulnerable countries to natural disasters due to its geographical location, dense population, and high poverty. These disasters have profound implications for the people and the environment, significantly contributing to climate migration. Climate migration refers...
ANKARA, Sept 04 (AFP): Turkey's President Recep Tayyip Erdogan greeted Egypt's leader Abdel Fattah al-Sisi on Wednesday as he arrived in Ankara to seal their mended ties.The two men shook hands as Sisi stepped off his plane in the Turkish...
SINGAPORE, Sept 04 (AFP): Rising temperatures should trigger a global "red alert", the United Nations' weather and climate agency chief said Wednesday, after global heat indices again smashed records in August.The world saw record average temperatures in August for the...
LONDON, Sept 04 (AFP): The family of a British aid worker killed by an Israeli strike in Gaza in April on Wednesday called for an independent investigation into his death.James Kirby, from Bristol in southwest England, was one of seven...
KYIV, Sept 04 (AFP/BBC): A Russian strike on Ukraine's western city of Lviv on Wednesday killed seven people, including three children, the interior minister said.The attack comes a day after missiles hit the central city of Poltava in one of...
NEW YORK, Sept 04 (Reuters): The United States will send Michael Chase, the deputy assistant secretary of defence for China, Taiwan and Mongolia, to China's top annual security forum in mid-September, a US official told Reuters.The choice of Chase has...
WASHINGTON, Sept 04(AP): Vice President Kamala Harris is using a New Hampshire campaign stop on Wednesday to propose an expansion of tax incentives for small businesses, a pro-entrepreneur plan that may soften her previous calls for wealthy Americans and large...
WASHINGTON, Sept 04 (AFP): Donald Trump is to plead not guilty to the charges in a revised indictment accusing him of seeking to overturn the results of the 2020 US presidential election, according to a court filing on Tuesday.Trump, in...
BANGKOK, Sept 04 (AFP): Thailand's new prime minister named her cabinet on Wednesday, dumping an influential military-linked party out of government for the first time since 2019.King Maha Vajiralongkorn officially endorsed the new team of ministers nominated by Prime Minister...
MUMBAI, Sept 04 (Reuters): The Indian rupee dropped to a record low near the close of trading on Wednesday after yet another rangebound trading session as it stayed wedged between negative global cues and support from the central bank.The rupee...
NEW YORK, Sept 04 (Reuters): Discount store operator Dollar Tree cut annual forecasts on Wednesday, as it struggled to lure in price-sensitive shoppers for its more profitable higher-margin goods amid sticky inflation, sending shares down about 9 per cent in...
SYDNEY, Sept 04 (AFP): Australia's ailing economy recorded another quarter of near moribund growth, with data Wednesday showing second-quarter gross domestic product expanded just 0.2 per cent from the previous three months.The Australian Bureau of Statistics said government spending had...
NEW YORK, Sept 04 (Reuters): Alphabet's Google faces trial in a second antitrust case next week where the US Department of Justice will challenge how the search giant monetizes advertising through a system that prosecutors say harms news publishers.The case...
STOCKHOLM, Sept 04 (AFP): Swedish telecoms operator Telia said Wednesday it will cut 3,000 jobs as part of a cost-cutting drive that aims to generate approximately $250 million in annual savings.The company said the job cuts were part of an...
JEDDAH, Aug 04 (Arab News): Saudi-Singaporean industrial ties are set to strengthen after senior officials from the countries met to explore cooperation in sustainable growth, small and medium enterprises, and advanced manufacturing technology.During his official visit to the Asian island,...
NEW DELHI, Sept 04 (Reuters): India should focus on labour-intensive exports to boost employment, The World Bank (WB) said on Wednesday, noting that the country's manufacturing industry has not fully seized opportunities from China's exit from these sectors."India should also...
M Khorshed Anowar, Head of Retail and SME Banking of Eastern Bank, inaugurates the 38th sub-branch of the bank at Chandaikona of Sirajganj district on Wednesday. EBL Head of Outstation Istiak Ahmed, other senior officials of the bank, and local...
Human Resources Division of Pubali Bank PLC has organised a five-day orientation programme for newly recruited 136 junior officers. The course is designed to familiarise the participants with the concepts, principles, rules, regulations, laws and practices of the bank. Managing...
The newly formed board of United Commercial Bank PLC (UCB) held its first meeting at its corporate head office on Wednesday. UCB Chairman Sharif Zahir presided over the meeting. Md. Shazzad Hossoin, Vice-Chairman of UCB; Md. Tanvir Khan, Chairman of...
Customers of IDLC Finance PLC, a leading non-banking financial institution in the country, can now conveniently pay loan instalments, fees and charges for all other services through bKash anytime, anywhere, in a secure and efficient manner, says a press release.IDLC...
FE REPORT | 2024-09-05 00:00:00
The advisory council committee on government purchase at a meeting on Wednesday approved the procurement of fertiliser and lentils to meet local demand for these essential commodities.Finance adviser Dr Salehuddin Ahmed presided over the meeting held at the cabinet division...
Dr Md Shafiqur Rahman has been appointed as the managing director (MD) and chief executive officer (CEO) of Biman Bangladesh Airlines, reports UNB. Biman Board of Directors made the appointment on Wednesday, according to a press release.Dr Rahman, a former...
The Dhaka Chamber of Commerce and Industry (DCCI) on Wednesday called on the National Board of Revenue (NBR) to streamline the tax structure in order to create a more supportive environment for Cottage, Micro, Small, and Medium Enterprises (CMSMEs).The trade...
FE REPORT | 2024-09-05 00:00:00
Local exporters have requested the government to rationalise cargo fares and allocate more cargo space for exporting fresh vegetables and fruits, aiming to boost earnings from the sector.The Bangladesh Fruits, Vegetables & Allied Products Exporters Association (BFVAPEA) has recently written...
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