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Myanmar Navy kill Bangladeshi fisherman

2024-10-11 00:00:00

A fisherman has reportedly been killed and two others injured after the Myanmar Navy opened fire on a Bangladeshi fishing trawler near St Martin's Island in the Bay of Bengal, reports bdnews24.com.Trawler owners claim that five trawlers carrying 60 people...

Prof Yunus didn't mean wiping out 1971 history

2024-10-11 00:00:00

Chief Adviser Prof Muhammad Yunus's press wing has clarified that his recent remarks on "pressing the reset button" in an interview with Voice of America is being misinterpreted by some people."He (Prof Yunus) did not mean wiping out Bangladesh's proud...

Han Kang wins S Korea's first literature Nobel

2024-10-11 00:00:00

STOCKHOLM, Oct 10 (AFP): Author Han Kang on Thursday became the first South Korean to win the Nobel Prize in Literature for her work exploring the correspondence between mental and physical torment as well as historical events.A short story writer...

Eight killed in private car accident in Pirojpur

2024-10-11 00:00:00

PIROJPUR, Oct 10 (BSS): Eight people, including four children and two women, were killed after a private car lost control and fell into a roadside canal at Gyansha in front of Nurani gate of Pirojpur Sadar upazila in the early...

BTRC initiates move to convince tech giants

FE REPORT | 2024-10-11 00:00:00

The Bangladesh Telecommunication Regulatory Commission (BTRC) has initiated a move to convince tech giants to establish a data centre in Bangladesh.It has already requested TikTok to come up with investment in this regard and planned to hold similar discussions with...

Briefing 2024-10-11

2024-10-11 00:00:00

Prayer Timings (2024-10-11)

2024-10-11 00:00:00

Rain, running out summer crops raise veg prices

FE REPORT | 2024-10-11 00:00:00

Heavy rain and end of summer crops have caused a sharp rise in vegetable prices in the capital over the past week.In addition to these natural factors, many city wholesalers are manipulating the market due to a lack of proper...

Indian business titan Ratan Tata passes away

2024-10-11 00:00:00

MUMBAI, Oct 10 (AFP): Indian industrialist Ratan Tata, who is credited with transforming the Tata Group into a globally renowned conglomerate, has died at age 86, the company said late Wednesday.Under Tata, the company grew into a sprawling international enterprise...

WB projects lower growth, higher inflation for Bangladesh in FY'25

FE REPORT | 2024-10-11 00:00:00

Bangladesh's economy faces downgrades for the past political upheaval that prompts the World Bank to lower its growth forecast to 4.0 per cent for the current fiscal year, but sees a silver lining on the horizons. The global development financier...

Gas supply likely to rise this week

M AZIZUR RAHMAN | 2024-10-11 00:00:00

Countrywide gas supply is set to increase from this week as Bangladesh started importing liquefied natural gas (LNG) on Thursday after a hiatus of more than three months, according to a senior Petrobangla official."Gunvor Singapore Pte Ltd started delivering its...

Corporate foreign borrowing falls amid business slowdown

JUBAIR RAHAN | 2024-10-11 00:00:00

Corporate borrowing from external lenders to meet their needs squeezes significantly with the stock of short-term overseas debts having dropped to $11.19 billion as of last August, as entrepreneurs make a pause in business expansion.Officials and money-market analysts say such...

Delta Air forecasts Q4 revenue below estimates

2024-10-11 00:00:00

CHICAGO, Oct 10 (Reuters): Delta Air Lines on Thursday forecast quarterly revenue largely below expectations in anticipation of slower travel spending against the backdrop of the upcoming US presidential election, sending its shares down 6.3 per cent before the bell.The...

Cocoa declines on strong production data

2024-10-11 00:00:00

LONDON, Oct 10 (Reuters): Cocoa futures on ICE fell on Thursday after strong production data from Ghana, the world's second-largest grower, while coffee steadied near recent lows as rains arrived in Brazil.March London cocoa lost 1.1 per cent to 4,752...

Gold extends gains as traders added to US rate cut bets

2024-10-11 00:00:00

Gold prices extended gains on Thursday after traders added to bets that the Federal Reserve will deliver an interest-rate cut next month following the latest US economic data, reports Reuters.Spot gold was up 0.4 per cent at $2,617.15 per ounce...

Oil prices up 1.0pc on US storm and Israel-Iran fears

2024-10-11 00:00:00

LONDON, Oct 10 (Reuters): Oil prices rose more than 1 per cent on Thursday, underpinned by a spike in fuel demand as a hurricane barrelled into Florida, with Middle East supply risks also in focus.Brent crude futures rose $1.20, or...

Ikea posts fall in annual sales

2024-10-11 00:00:00

STOCKHOLM, Oct 10 (AFP): Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to revive traffic at its online and brick-and-mortar stores.The Swedish company said sales amounted to 45.1 billion euros...

BMW and Mercedes quarterly sales drop on weak China

2024-10-11 00:00:00

BERLIN, Oct 10 (Reuters): Sluggish demand and stiff competition in China hit third quarter sales at BMW and Mercedes, the German luxury automakers said on Thursday.The German car sector is facing multiple challenges, ranging from high production costs and managing...

Tesla unveiling its long-awaited robotaxi

2024-10-11 00:00:00

DETROIT, Oct 10 (AP): Expectations are high for the long-awaited unveiling of Tesla's robotaxi at a Hollywood studio Thursday night. Too high for some analysts and investors.The company, which began selling software it calls "Full Self-Driving" nine years ago that...

Harris win may boost US effort to rein in 'junk fees' levied on consumers

2024-10-11 00:00:00

WASHINGTON, Oct 10 (Reuters): A crackdown by the US consumer finance watchdog on hidden or excessive financial fees could expand to target billions of dollars in mortgage, credit reporting and other fees if Vice President Kamala Harris wins the presidential...

SEMINAR ON 'ROADMAP FOR TOURISM RECOVERY'

2024-10-11 00:00:00

A seminar titled 'Roadmap for Tourism Recovery: Present Bangladesh Context' was held at a hotel in Dhaka recently. Peter A Semone, Chairman of Pacific Asia Travel Association (PATA), was present as the chief guest. He assured full cooperation from the...

Amrit Restaurant offers 5 Thalis for Puja festival

2024-10-11 00:00:00

In this festive season, Amrit Restaurant is all set to make Puja celebrations more delightful for food enthusiasts with incredible offers of exclusive 5 Ultimate Thalis, says a statement. Designed to cater to the diverse palates of food lovers, these...

Lift & Escalator Expo begins in city

FE REPORT | 2024-10-11 00:00:00

The Global Lift & Escalator Expo 2024 kicked off at the International Convention Centre Bashundhara (ICCB) in Dhaka on Thursday. The 5th edition of the three-day expo aims to promote the growth and development of the lift, escalator, and elevator...

31 ENTITIES, INDIVIDUALS HONOURED FOR CONTRIBUTION TO TOURISM SECTOR

2024-10-11 00:00:00

Thirty-one organisations and individuals in 25 categories have been awarded for their excellence in Bangladesh travel, tourism and hospitality sectors. The recognition programme, first of its kind in the country, was organised by the Bangladesh Monitor, a travel and tourism...

Aarong wins 3 accolades at Bangladesh Retail Awards

2024-10-11 00:00:00

Aarong, a popular lifestyle and fashion brand, has won three prestigious accolades at the Bangladesh Retail Awards 2024 in the categories of Best Retailer (Lifestyle), Best E-commerce Platform (B2C) and Most Sustainable Retail Initiative.These awards highlight Aarong's continued excellence in...

AmCham for branding of Bangladesh as prime investment destination

2024-10-11 00:00:00

American Chamber of Commerce in Bangladesh (AmCham) President Syed Ershad Ahmed has emphasised the importance of branding Bangladesh as an investment destination through "strategic diplomacy".He advocated for measures for the ease of business operation for the existing US investors and...

BD falls behind in renewable energy adoption: IEA Report

2024-10-11 00:00:00

In a striking contrast to global trends, Bangladesh finds itself lagging in the renewable energy sector, as outlined in the latest International Energy Agency (IEA) report.The report indicates that the world is on course to add over 5,500 gigawatts (GW)...

Militants kill 2 Pak police officers

2024-10-11 00:00:00

PESHAWAR, Oct 10 (AP): Suspected militants riding on a motorcycle opened fire on a vehicle carrying police officers Thursday in a former stronghold of the Pakistani Taliban, killing two of them and wounding two others, police said.The attack happened in...

KSA fails in bid to join UN human rights council

2024-10-11 00:00:00

UNITED NATIONS, Oct 10 (AFP): Saudi Arabia was thwarted Wednesday in its bid to join the UN's human rights council, which is charged with protecting freedoms globally, after coming sixth in a vote of UN members for one of five...

Houthi rebels target ship in Red Sea

2024-10-11 00:00:00

DUBAI, Oct 10 (AP): A series of suspected attacks by Yemen's Houthi rebels targeted a ship on Thursday in the Red Sea, authorities said.The attack comes as the rebels continue to threaten ships moving through the Red Sea, a waterway...