GENEVA, June 03 (AFP): Some 55 percent of all structures in the Gaza Strip have been destroyed, damaged or possibly damaged since war erupted in the Palestinian territory eight months ago, according to preliminary satellite analysis by the UN.The analysis...
YASIR WARDAD | 2024-06-03 12:00:00
While a possible record maize harvest has led to a decline in maize prices this year during peak harvesting season, small livestock, fisheries and poultry farms are seeing minimal benefit as feed costs remain high.Farmers and seasonal traders in the...
SYFUL ISLAM | 2024-06-03 12:00:00
Hopes underpin new budget outlook as the government eyes a boost in Bangladeshi goods on the international market in the upcoming fiscal year on gradual global economic rebound.Also, as the economic conditions in major economies like Euro Zone and the...
Syed Fattahul Alim | 2024-06-03 12:00:00
Worries over falling foreign exchange reserves have been forcing many countries to look for alternatives to US dollar (USD) as reserve currency. Bangladesh, for instance, is concerned as its foreign exchange reserves position has been falling persistently since it reached...
CHATTOGRAM, June 02 (UNB): A court here on Sunday sentenced e-commerce platform Evaly's Chairman Shamima Nasrin and CEO Mohammad Rassel, to one year of imprisonment each in a cheque dishonour case.The court also fined them Tk180, 000.Judge Md Mohiuddin of...
FE REPORT | 2024-06-03 00:00:00
Bank lending to the private sector grew by 9.9 per cent in April this year, a decline from the 11.28 per cent growth in the same period of the previous year, according to Bangladesh Bank. In March 2024, the private...
GENEVA, June 2 (AFP: World Health Organization members on Saturday extended negotiations on a landmark global agreement on handling future pandemics for up to a year, as the WHO chief warned that the next crisis was just a matter of...
Commercial cattle farmers in Dhaka are readying their cows for Eid-ul-Azha, the second biggest Muslim festival. The photo was taken on Sunday from Basila of Dhaka's Mohammadpur area. — FE Photo
Our Correspondent | 2024-06-03 00:00:00
CHATTOGRAM, June 02: An incident of 149 bhori gold ornaments worth around Tk15 million getting stolen from a locker of Islami Bank's Chawkbazar Branch in Chattogram has come to light.The incident that occurred presumably on Wednesday last was disclosed on...
A 4.8-magnitude earthquake jolted different parts of the country, including Dhaka, Chattogram, Sylhet, Rangamati and Khagrachari districts, at 2:45pm today, reports BSS.The epicentre of the earthquake was in Mawlaik in Myanmar, about 442km south-east of Dhaka, according to the website...
FE REPORT | 2024-06-03 00:00:00
Bangladesh's remittance inflow surged by over 32 per cent year-on-year in May, offering a much-needed respite to the economy wrestling with a foreign exchange shortage.Confirming the development, Bangladesh Bank (BB) Spokesperson Md Mezbaul Haque said the country received $2.25 billion...
Bangladesh will befriend those countries that help in its journey towards development, says Prime Minister Sheikh Hasina, report agencies.The prime minister made the remarks after handing out awards to the winners of a one-minute video competition titled 'Amar Chokhe Bangabandhu'...
JASIM UDDIN HAROON | 2024-06-03 00:00:00
Spot rates of ocean freight containers to and from Bangladesh have been rising since the start of May, prompting speculation that it may reach the Covid period when it trebled.Top shipping executives in Bangladesh told the FE that this is...
GULAM RABBANI | 2024-06-03 00:00:00
Despite record production in 2023, local tea estates are facing financial strain as a number of commercial tea growers have been forced to shutter businesses in the face of recurring losses.The cause of this crisis is a perfect storm: production...
FE REPORT | 2024-06-03 00:00:00
Focus should be on long-term macroeconomic stability instead of annual growth and prioritising public expenditure but not curtailing social-safety-net annuities, says CPD to show which course development drives ought to steer. The Centre for Policy Dialogue (CPD) also suggests taming...
Around 17,000 people, who were planning to go to Malaysia, failed to go there within the stipulated time, said State Minister for Expatriate Welfare and Overseas Employment Shofiqur Rahman Chowdhury on Sunday, reports UNB.Already a six-member body, headed by additional...
DOULOT AKTER MALA | 2024-06-03 00:00:00
Source tax on bank-interest incomes of public universities and MPO-listed educational institutions may double in the upcoming fiscal, sources said, as the government targets revenue boost to cut budget shortfalls.The tax rate is likely to be hiked twofold to 20...
PARIS, June 2 (AFP): Novak Djokovic avoided crashing to his worst defeat at the French Open in 15 years in the early hours of Sunday morning as title rival Alexander Zverev was also pushed to the limit.Defending champion and 24-time...
LONDON, June 2 (AFP): Real Madrid's record-extending 15th Champions League triumph will leave incoming French superstar Kylian Mbappe licking his lips at what lies ahead for him.The 25-year-old forward has been unable to win the competition with Paris Saint-Germain in...
MADRID, June 2 (AFP) Real Madrid fans had to bite their nails before victory was sealed, but at the end the kings of Europe were back on their Champions League throne on Saturday. For those who could not make it...
The Exim Bank 35th National Women's Handball competition begins today (Monday) at Shaheed Captain M Mansur Ali National Handball Stadium in the city, reports BSS.Bangladesh Handball Federation (BHF) president AKM Nurul Fazal Bulbul formally inaugurated the meet as the chief...
Indonesia is playing the Bangabandhu Cup International Kabaddi for the third time in 2024, reports BSS.Despite never making it to the semifinals, the team was progressively improving in the game and saw the knowledge gained from the prestigious Kabaddi competition...
As expected defending champions Bangladesh cruised in the final in the fourth edition of Bangabandhu Cup International Kabaddi Tournament beating Thailand by 41-18 points with three creditable lonas in the first semifinal held at Shaheed Suhrawardy Indoor Stadium in the...
NEW DELHI, June 02 (PTI): Sri Lanka will rely on its exceptionally varied bowling attack to tame the unrestrained batting power of South Africa in its Group D T20 World Cup opener here on Monday.They will be eager to get...
Bangladesh pace spearhead Shoriful Islam is a doubt for the team's first match of the T20 World Cup after he split the webbing between his index and middle finger while fielding a warm-up in New York on Saturday, report agencies.The...
Cricket West Indies (CWI) is expecting a significant financial boost with the co-hosting of the ICC Men's T20 World Cup 2024. According to reports, the tournament is expected to generate a revenue of approximately US$300 million for the cricket board,...
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