FE REPORT | 2024-12-05 00:00:00
Finance Adviser Dr Salehuddin Ahmed has said the ongoing political tensions between Bangladesh and India would not affect bilateral trade relations."Politics won't interfere with the commercial and trade issues with India," he said replying to a query while briefing newsmen...
DETROIT, Dec 4 (Reuters): General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the restructuring of the operation and another reflecting its...
SINGAPORE, Dec 4 (Reuters): Global investors have always valued South Korea below other markets for reasons ranging from tensions with the North to the tight structures of its conglomerates - politics this week gave them cause to deepen that discount.Korean...
OSLO, Dec 4, (AFP): Norway's sovereign wealth fund, the world's largest with assets of around $1.8 trillion, has excluded an Israeli and a Russian group on ethical grounds.The Norwegian central bank, which manages the fund, said late Tuesday that it...
LONDON/SINGAPORE, Dec 4 (Reuters): Global shares were mixed on Wednesday as markets digested political turmoil in South Korea, where martial law was imposed and then lifted hours later, and France, where an upcoming no-confidence vote also put the euro in...
Prime Bank recently hosted its 'Annual Risk Conference 2024' to raise awareness of risk management policies and guidelines established by the Bangladesh Bank while addressing current challenges within the banking sector. Seasoned central bankers shared their insights in the conference...
Eastern Bank on Monday organised 'Student Agency Night', bringing together Sylhet's leading education agencies, which guide students seeking educational opportunities abroad. The event at Hotel Crown Park in Sylhet was part of the bank's initiative to strengthen its role as...
FE Report | 2024-12-05 00:00:00
Shahjada Mahmud Chaudhri has been declared as new shareholder director of the port city bourse as his contestant withdrew his candidature ahead of the polls.An election arranged by the Chittagong Stock Exchange (CSE) was scheduled for December 12 on completion...
BABUL BARMAN | 2024-12-05 00:00:00
Square Pharmaceuticals registered a 22.4 per cent year-on-year export growth in FY24, riding on a higher demand for its products in the global market.The country's largest drug manufacturer's export revenue stood at Tk 2.39 billion in FY24, up from Tk...
Gold prices held steady on Wednesday as safe-haven demand countered a slight recovery in the US dollar while markets await US jobs data and comments from Federal Reserve Chair Jerome Powell for clues on the US central bank's policy outlook,...
KYIV, Dec 04 (Reuters): Ukraine has introduced a new system for exporting key agrarian goods, including grains, which implies a ban on shipping consignments of goods at prices below those set by the agriculture ministry.Ukraine is a major grain and...
Oil prices were little changed on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts this week while heightened geopolitical tensions continue to dominate market sentiment, reports Reuters.Brent crude futures were up 5 cents, or 0.07%, at...
Md Roushon Jamal | 2024-12-05 00:00:00
Caring for cropland is crucial for food security and sustainable development. Human civilisation should show gratitude for 1500 million hectares of agricultural land, which sustains the lives of the 8.2 billion people in the global population. Bangladesh's 7.29 million ha...
In Bangladesh, the first thing that stands out in any local grocery store is the Coca-Cola fridge. Naturally, those fridges only hold Coca-Cola products, and when customers ask for a local product like Mojo, the grocers usually don't have it...
The tragic deaths of three students from Gazipur's Islamic University of Technology (IUT) raise serious questions about the safety of power transmission line in Bangladesh. Their journey, filled with excitement as they headed for a picnic, ended in grief. Who...
Mir Mostafizur Rahaman | 2024-12-05 00:00:00
The recently concluded COP29 in Baku left many nations, particularly climate-vulnerable countries like Bangladesh, frustrated. Despite the dire need for urgent action and financial support, the outcomes were underwhelming. The summit's most notable financial commitment-$300 billion by 2035-falls drastically short...
Atiqul Kabir Tuhin | 2024-12-05 00:00:00
Last Thursday, a group of workers from Mahmud Jeans mercilessly assaulted the factory's deputy managing director, Rafee Mahmud, who is also the son of the factory owner and responsible for overall management of the factory. A spokesperson of Bangladesh Garment...
Although dengue has been comparatively merciful this year by claiming 497 lives as against 1,705 lives last year, it is still higher than its 269 fatalities in 2022. But zika and chikungunya reportedly infecting 11 and 67 people respectively appear...
Ismail Hossain | 2024-12-05 00:00:00
The Bangladesh Microinsurance Market Development Programme (BMMDP), funded by the Swiss Agency for Development and Cooperation (SDC), recently went live with two challenge funds. The funds will power efforts to diversify the microinsurance market and enhance reinsurer capacity.The BMMDP goes...
Syed Badrul Ahsan | 2024-12-05 00:00:00
The American political system is rather interesting, often amusing. Congressmen are elected for two years, senators for six years and Presidents and Vice Presidents for four years in a first term and another four years in a second term. The...
MEGH RAHMAN | 2024-12-04 12:00:00
Did you know your dream fitness body doesn't need hours of gruelling gym sessions or fancy equipment? Given a tight schedule of back-to-back meetings, household chores, and endless responsibilities, finding time for exercise is almost impossible. While modern life demands...
China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications.The Chinese Commerce Ministry announced the move after the Washington expanded its list of Chinese companies subject...
The Bangladesh Institute of Development Studies (BIDS) is set to host its four-day flagship event, the Annual BIDS Conference on Development (ABCD) 2024, on December 7-10, reports BSS.The theme of the conference is "Equality, Opportunity, Freedom, and Dignity: Restructuring Institutions...
FE REPORT | 2024-12-04 00:00:00
Filipino toxic watchdog BAN Toxics has called the attention of the public to refrain from buying kiddie plastic slippers sold online after detecting lead, a brain-damaging toxicant.The group purchased the popular kiddie slippers on the online platform Shopee for testing,...
GULAM RABBANI | 2024-12-04 00:00:00
In a groundbreaking legal move, Bangladesh has become the first South Asian country to challenge the legality of a Japan-backed fossil fuel-based power plan with the Supreme Court (SC), marking a historic step towards climate justice. A writ petition has...
JAHIDUL ISLAM | 2024-12-04 00:00:00
Bangladesh's economy generated only 0.51 million new jobs in 2023, the lowest employment growth in 12 years and well below the annual average of over 1.12 million since 2013, according to the Bangladesh Bureau of Statistics (BBS). Despite the sluggish...
Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman Tuesday called upon all Bangladeshis to show utmost restraint and not fall prey to any provocation amid the tension between Bangladesh and India."Since the fall of autocrat Sheikh Hasina, there is an...
FE REPORT | 2024-12-04 00:00:00
Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the apex body for the apparel sector, on Tuesday sought continued support from the Bangladesh Army and members of the law-enforcement agencies to maintain law and order and thus ensure stability in all...
FE REPORT | 2024-12-04 00:00:00
Country's merchandise- export earnings increased 16.23 per cent to US$4.14 billion in November 2024, according to provisional data of Export Promotion Bureau (EPB).The earnings were US$ 3.56 billion in November last year.EPB data also revealed that the overall export trade...
Chief Adviser Prof Muhammad Yunus will hold talks separately with different stakeholders including political parties and student leaders as he seeks national unity. Briefing the media on Tuesday evening, Chief adviser's Press Secretary Shafiqul Alam said there is a possibility...
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