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Gold prices gain

2024-05-25 00:00:00

SINGAPORE, May 24 (Reuters): Gold prices rose on Friday, but were headed for their first weekly fall in three as expectations for interest rate cuts began to fade following the hawkish tone adopted in the US Federal Reserve's latest minutes.Spot...

India, Egypt top destinations for Russian seaborne fuel oil in April

2024-05-25 00:00:00

MOSCOW, May 24 (Reuters): India and Egypt were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in April, traders said and LSEG data showed.In total, Russian fuel oil and VGO seaborne exports fell in April...

S’pore Airlines drops meal service

2024-05-25 00:00:00

SEOUL, May 24 (Reuters): Singapore Airlines has changed its in-flight seatbelt rules and altered at least one flight route after a turbulence incident this week killed one person and left dozens critically injured, according to the airline and flight data.The...

Oil holds steady around three-month lows

2024-05-25 00:00:00

LONDON, May 24 (Reuters): Oil prices were stable on Friday but poised to show a weekly loss under pressure from lingering concerns that sticky inflation could prolong higher interest rates and curb fuel demand.Brent crude futures fell by 25 cents,...

Smart investment services essential for dev: BIDA EC

2024-05-25 00:00:00

Smart investment services held the key to building a developed Bangladesh, stated Lokman Hossain Miah, Executive Chairman (Senior Secretary) of the Bangladesh Investment Development Authority (BIDA), at a day-long workshop organised by BIDA under the chairmanship of Chattogram Divisional Commissioner...

BHBFC awarded for best innovative idea

2024-05-25 00:00:00

Bangladesh House Building Finance Corporation (BHBFC) has been awarded the first prize for best innovative idea, namely 'The Smart Home Loan (SHL)', says a press release. The digital loan service delivery system of the organisation won this recognition of excellence...

Urgent need for stronger data protection

2024-05-25 00:00:00

I am writing to express my strong support for the recent statement by Transparency International Bangladesh (TIB) on the theft and online sale of citizens' confidential information. The alarming nature of this data breach, which involves the misuse of IDs...

Open SCM subject in every public university

2024-05-25 00:00:00

There are 55 public universities in the country, including four medical universities and five pure engineering universities. Most of these universities have a business administration department that offers BBA and MBA programmes, from which thousands of students graduate. However, as...

Standoff over pvt varsities' income tax

2024-05-25 00:00:00

Ever since private universities have started mushrooming, they have been making news - often for wrong reasons. That they receive media attention is primarily because a good number of them face multifarious problems, some concerning financial and others management issues....

The Achilles heel of BD economy

Hasnat Abdul Hye | 2024-05-25 00:00:00

Budget-eve is perhaps the most relevant time to think about the Achilles heel that underlies most of the macro-economic woes of Bangladesh economy. It is a generic name that has been downplayed through the use of various names representing its...

Learner-driver cars

2024-05-24 00:00:00

Learner-driver cars are parked illegally in a lane of the road in front of Motijheel Govt Boys' High School, near Rajarbagh intersection in Dhaka, on Thursday. Dhaka is often ranked the slowest city in the world in international studies, partly...

Brazil teen kills parents, sister after row over phone

2024-05-24 00:00:00

SAO PAULO, May 23 (AFP): A 16-year-old Brazilian boy upset over having his cell phone taken away shot and killed his parents and sister in the family's home, police said Wednesday.The triple homicide took place Friday in Sao Paulo, but...

US reports 2nd human case of bird flu tied to dairy cows

2024-05-24 00:00:00

WASHINGTON, May 23 (AFP): A second case of bird flu has been found in a human, US health authorities announced Wednesday, less then two months after the first one as an outbreak of the disease circulates widely among dairy cows.Both...

Parties sharpen knives as UK snap polls loom

2024-05-24 00:00:00

LONDON, May 23 (AFP): UK political parties began jostling for position on Thursday, setting out their electoral battle plans after embattled Prime Minister Rishi Sunak called a general election for July 4.Sunak ended months of speculation about the date of...

Thousands bid farewell to Raisi ahead of burial

2024-05-24 00:00:00

TEHRAN, May 23 (Agencies): Iran's late President, Ebrahim Raisi, was being buried in his home city of Mashhad, four days after he was killed in a helicopter crash.The 63-year-old hard-line cleric was being laid to rest in the holy shrine...

The national flag flies at half-mast at the TCB Bhaban

2024-05-24 00:00:00

The national flag flies at half-mast at the TCB Bhaban in Dhaka on Thursday, as Bangladesh observed a day of mourning on the day over the death of Iranian President Ebrahim Raisi.

Amid belt-tightening, experts for more budgetary spending on agriculture

FE REPORT | 2024-05-24 00:00:00

Experts at a seminar on Thursday emphasised the critical need to prioritise budget allocation for the agriculture sector, especially during this ongoing austerity, to boost food-crop production.The seminar, titled 'The Political Economy of Agrarian Future of Bangladesh', organised by the...

Low over Bay likely to intensify into depression

2024-05-24 00:00:00

The low-pressure system over the Bay of Bengal has intensified into a well-marked low and may gather more strength to transform into a depression, reports bdnews24.com.The system moved slightly northeastwards and was lying over west-central Bay and adjoining Southwest Bay,...

LNG re-gasification reaches capacity level

M AZIZUR RAHMAN | 2024-05-24 00:00:00

Bangladesh has augmented re-gasification of liquefied natural gas (LNG) to its full capacity recently to meet mounting demand for the fuel in the power plants amid ongoing heat waves. The re-gasification of the imported energy reached its highest-ever level at...

Briefing 2024-05-24

2024-05-24 00:00:00

Prayer Timings (2024-05-24)

2024-05-24 00:00:00

Seize Benazir's assets: Court

FE REPORT | 2024-05-24 00:00:00

A Dhaka court on Thursday ordered the government authorities concerned to seize assets involving 83 deeds of former Inspector General of Police (IGP) Benazir Ahmed.It also asked them to freeze a total of 33 accounts in different banks.Metropolitan Sessions Judge...

Banking sector stays adrift amid governance deficiencies

FE REPORT | 2024-05-24 00:00:00

Banking sector drifts like a ship sans radar amid governance deficiencies as the central bank cannot exercise its autonomy, experts said Thursday and pinpointed a lack of accountability and transparency in operations. At a CPD meet held here to reveal...

Israel launches deadly Gaza strikes

2024-05-24 00:00:00

Palestinian Territories, May 23 (AFP): Israel launched devastating air strikes on Gaza early Thursday while also saying it is ready to resume stalled talks on a truce and hostage release deal with Hamas to pause the war raging since October...

Planned in Dhaka 3 months ago, executed in Kolkata for Tk 50m

FE REPORT | 2024-05-24 00:00:00

Police believe the murder of Jhenidah MP Anwarul Azim Anar was planned two to three months ago. According to them, the crime was plotted during several meetings held at two residences in Dhaka's Gulshan and Bashundhara areas.Dhaka Metropolitan Police's Detective...

NPLs triple to Tk 1.45tn in ten years, create cash crunch

FE REPORT | 2024-05-24 00:00:00

In ten years' time till last December, the volume of non-performing loans or NPLs more than tripled to Tk1.45 trillion in Bangladesh and exacerbated the cash crunch in banks. If another chunk of banks' liquid asset stuck up as rescheduled...

Weather (2024-05-24)

2024-05-24 00:00:00

Rain/Thunder showers accompanied by temporary gusty/squally wind is likely to occur at one or two places over Chattogram and Sylhet divisions in the next 24 hours from 06.00 am today (Friday), according to the Met Office. Mild heat wave may...

News in Brief-2024-05-24

2024-05-24 00:00:00

Rohingya teenager dies from clash injuriesA Rohingya teenager has died from injuries suffered in a clash between two armed groups fighting in a 'power struggle' at a refugee camp in Cox's Bazar's Ukhiya. He died on Wednesday while under hospital...

Two Chinese nationals held with gold bars at HSIA

FE REPORT | 2024-05-24 00:00:00

Officials of the Customs Intelligence and Investigation Department (CIID) on Thursday seized 46 gold bars worth around Tk 50.15 million, and arrested two Chinese nationals at the Hazrat Shahjalal International Airport (HSIA) in Dhaka. The gold was hidden inside the...

41st death anniv of Barrister Salehuddin today

2024-05-24 00:00:00

The 41st death anniversary of Bengali Language Movement veteran and freedom fighter Barrister Syed Kamrul Islam Mohammed Salehuddin will be observed today (Friday), says a statement. Barrister Salehuddin was born in Kashiani upazila of Gopalgonj district. In 1963, he went...