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Imports handling witnesses 32pc decline in last six years

DOULOT AKTER MALA | 2024-10-25 00:00:00

The handling of imported goods by private Inland Container Depots (ICDs) fell sharply, nearly 32 per cent, in the last six years, jeopardising returns on investment in these establishments.Each of the ICDs had to invest not less than Tk 3.0...

Prayer Timings (2024-10-25)

2024-10-25 00:00:00

Age limit for govt job entry rises up to 32 yrs

FE REPORT | 2024-10-25 00:00:00

Age limit for entering public service rises to 32 years on a government decision following an entrenched movement by jobseekers on the demand. A press release issued Thursday from the Cabinet Division carried the decision made by the interim government's...

WB to provide $250m to help with flood losses

Rezaul Karim from Washington, DC | 2024-10-25 00:00:00

The World Bank (WB) will provide a grant amounting $250 million with an eye on helping to recoup the losses Bangladesh suffered due to the recent flood, Finance Adviser Dr Salehuddin Ahmed told reporters on Wednesday in Washington, D.C., United...

BD economy slows, GDP growth forecast down

SYFUL ISLAM | 2024-10-25 00:00:00

An economic slowdown now compared to previous months has prompted the IMF to revise down its growth forecast for Bangladesh in the current fiscal year. "The reason for revising down our growth forecast is response to what we saw in...

Khaleda, two others acquitted in Gatco case

2024-10-25 00:00:00

A Dhaka court has acquitted BNP Chairperson and former Prime Minister Khaleda Zia, along with Standing Committee members Dr Khandaker Mosharraf Hossain and Amir Khasru Mahmud Chowdhury, in the long-standing Gatco corruption case. Judge Abu Taher of Dhaka Special Judges'...

Cyclone Dana's impacts might be lesser

FE REPORT | 2024-10-25 00:00:00

As the severe cyclonic storm Dana makes landfall in the Indian state of Odisha, Bangladesh is facing a reduced threat from the oceanic storm.Director of BMD Dr. Md Sadequl Alam said the cyclone is likely to make landfall in Odisha...

Interim cabinet opts for political consensus on unseating President

FE REPORT | 2024-10-25 00:00:00

The interim government has decided to elicit political consensus to settle the demand for abdication of President Sahabuddin following his reported double talk on former premier's resignation, while agitations continue. An adviser of the stand-in government informed reporters Thursday when...

Thai company to relinquish stakes to two Chinese firms

MUNIMA SULTANA | 2024-10-25 00:00:00

A Thai company engaged in the maiden expressway construction in Dhaka will finally have to transfer all shares to two Chinese partner firms as the duo wins an international arbitration, ending a deadlock.Officials hope the arbitration verdict, delivered on October...

Laxmipur road crash kills boy

2024-10-25 00:00:00

LAXMIPUR, Oct 24 (BSS): A five-year-old boy was killed after a truck ran him over in Sonapur Chaitailla Digirpar area on Raipur-Laxmipur regional highway in Laxmipur Sadar upazila on Thursday.The deceased was Md Musa, 5, son of Shahadat Hossain, a...

Man dies as tree falls on him in Barguna

2024-10-25 00:00:00

BARGUNA, Oct 24 (BSS): A man died as a tree fell on him in bad weather in Betagi upazila here on Thursday.The deceased was identified as Ashraf Ali, 61, of Kismot Koruna area in Betagi upazila.Officer-in-Charge of Betagi Thana Md...

Renovation work on Moulvibazar road neglected for years

2024-10-25 00:00:00

MOULVIBAZAR, Oct 24 (UNB): Some 0.3 million ( 3 lakh) people, living in Rajnagar upazila of Moulvibazar district and Balaganj upazila of Sylhet district have been suffering badly as the Moulvibazar-Rajnagar-Kheyaghat Bazar Road has become unfit for movement due to...

Bay turns rough as Cyclone Dana approaches

OUR CORRESPONDENT | 2024-10-25 00:00:00

COX'S BAZAR, Oct 24: The Navy jetty at Inani Beach in Ukhia, Cox's Bazar, collapsed on Thursday under the impact of the turbulent sea waves caused by the approaching cyclone 'Dana'.The coast of Cox's Bazar became very turbulent due to...

Magura Kheya Ghat bridge turns a death trap

OUR CORRESPONDENTS | 2024-10-25 00:00:00

Kheya ghat bridge which has recently been constructed over the Nabaganga River in Magura district town has now become a death trap due to its dilapidated condition.Our Magura correspondent reports that the construction work on the bridge was completed in...

Pakistani forces kill nine militants

2024-10-25 00:00:00

PESHAWAR, Pakistan, Oct 24 (AP): Pakistani security forces killed nine insurgents in a shootout overnight in a former stronghold of the Pakistani Taliban in the volatile northwestern region that borders Afghanistan, the military said Thursday.Troops also seized weapons and ammunition...

Chinese company to sell tickets for space tourism flights in 2027

2024-10-25 00:00:00

BEIJING, Oct 24 (AFP): A Chinese company will launch sales on Thursday of two tickets for a commercial spaceflight planned for 2027.The tickets sold by firm Deep Blue Aerospace cost 1.5 million yuan ($211,000) and are for seats on a...

Los Angeles Times editor resigns over US polls stance

2024-10-25 00:00:00

LOS ANGELES, Oct 24 (AP): The editorials editor of the Los Angeles Times has resigned after the newspaper's owner blocked the editorial board's plans to endorse Democratic Vice President Kamala Harris for president, a journalism trade publication reported Wednesday.Mariel Garza...

Harris calls Donald Trump a 'fascist'

2024-10-25 00:00:00

PHILADELPHIA, Oct 24 (AFP): Kamala Harris called Donald Trump a "fascist" Wednesday and warned that her US election rival was "increasingly unstable" as she addressed his reported praise for Adolf Hitler at a town hall event.The Democrat's fierce criticism came...

Xi tells BRICS summit world facing 'serious challenges'

2024-10-25 00:00:00

KAZAN, Russia, Oct 24 (AFP): Chinese President Xi Jinping on Thursday told leaders of BRICS emerging economies the world was facing "serious challenges" and urged the group to be a "stabilising force".Xi was speaking on the final day of the...

COP16 president hopeful of 'major announcements' soon

2024-10-25 00:00:00

CALI, Colombia, Oct 24 (AFP): The Colombian host and president of the UN's COP16 biodiversity summit said Wednesday she expected "major announcements" soon regarding negotiations to increase funding and political commitment against the destruction of nature.The 16th Conference of the...

Boeing reports $6.2 bn loss

2024-10-25 00:00:00

NEW YORK, Oct 24 (AFP): Boeing reported a whopping $6.2 billion quarterly loss Wednesday as a nearly six-week labour strike weighed on its commercial plane division and costly problems dragged down its defense and space business.The embattled aviation giant, which...

EU wheat eases as export competition persists

2024-10-25 00:00:00

PARIS, Oct 24 (Reuters): Euronext wheat fell on Thursday as a steadying euro and brisk shipments of Russian wheat weighed on export sentiment, tempering concern about Russian government intervention in wheat trade.December wheat BL2Z4, the most active position on Paris-based...

Emirates and Dubai, each propels the other to greater heights

Sir Tim Clark | 2024-10-25 00:00:00

The Emirates Group, under the leadership of His Highness Sheikh Ahmed bin Saeed Al Maktoum, is without a doubt one of the most successful aviation entities on the planet. Emirates is the world's largest and most profitable all-international airline, and...

Walton Fridge buyer gets Tk 2m

2024-10-25 00:00:00

Rana Islam, a motor worker in Dinajpur Sadar, won Tk 2 million in Walton's 'Digital Campaign Season-21' as part of its Double Million offer. He qualified for the award after purchasing a Walton brand refrigerator recently. Walton Plaza Managing Director...

SOCIAL ISLAMI BANK'S TREE PLANTATION PROGRAMME

2024-10-25 00:00:00

Social Islami Bank's Kakrail Branch inaugurated an 'Account Opening Campaign and Tree Plantation' programme at Habibullah Bahar University College in Dhaka on Thursday. The bank will observe this event from October 24-28, marking the International Day against Climate Change. Md....

BB asks bank employees to file tax returns online

2024-10-25 00:00:00

Just like government employees, bank officials and staff in the four city corporations of Bangladesh are now required to submit their tax returns online, reports UNB.The Banking Regulations and Policy Department of Bangladesh Bank gave the instruction on Wednesday.Referring to...

Dhaka needs preparation to qualify for EU GSP plus

FE REPORT | 2024-10-25 00:00:00

Bangladesh needs to take necessary preparation to qualify for the EU GSP plus scheme, a senior German diplomat has said.Ambassador Erik Kurzweil, the Commissioner for Indo-Pacific, South Asia and Afghanistan of the German Federal Foreign Office, visited Dhaka on an...

Starlink set to launch in BD, but some hurdles remain

ISMAIL HOSSAIN | 2024-10-25 00:00:00

Starlink, SpaceX's satellite-based internet service, is poised to enter Bangladesh, which could significantly transform the country's digital landscape.To allow the satellite internet service, the Bangladesh Telecommunication Regulatory Commission (BTRC) is drafting guidelines, aiming to bridge the connectivity gap in remote...

Palm oil surges on lower stockpiles

2024-10-25 00:00:00

KUALA LUMPUR, Oct 24 (Reuters): Malaysian palm oil jumped more than 2% on Thursday, supported by expectations of palm production declines and lower national stockpiles.The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 116...

US fines Apple and Goldman Sachs over Apple Card

2024-10-25 00:00:00

NEW YORK, Oct 24( AFP): The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone-maker's credit card.Customer service breakdowns and misrepresentations affected hundreds of thousands of users...