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Oil prices climb as mkt weighs Ukraine war escalation

2024-11-21 00:00:00

LONDON, Nov 20 (Reuters): Oil edged higher on Wednesday as concerns about escalating hostilities in the Ukraine war potentially disrupting oil supply from Russia outweighed data showing rising US crude stocks.Brent crude futures for January were up 49 cents, or...

N Korea bombarding South with blood-curdling sounds

2024-11-21 00:00:00

GANGHWA-GUN, Nov 20 (AFP): Gunshots, screams, eerie laughter: South Korea's border island Ganghwa is being bombarded nightly with blood-curdling sounds, part of a new campaign by the nuclear-armed North that is driving residents to despair.Before it started, 56-year-old Kim Yun-suk...

Saudi prince uses fund to expand power, commit abuses, says HRW

2024-11-21 00:00:00

DUBAI, Nov 20 (AFP): Saudi Arabia's de facto ruler is using the oil-rich kingdom's sovereign wealth fund to bankroll vanity projects linked to a host of rights abuses, Human Rights Watch said on Wednesday.A 93-page report from the New York-based...

Israeli strikes kill 17 including a boy in Gaza

2024-11-21 00:00:00

GAZA, Nov 20 (Reuters/AFP): Gaza's civil defence agency said on Wednesday that at least 17 people, including a baby and a rescue worker, were killed in Israeli air strikes on the war-ravaged Palestinian territory, as tanks deepened their incursion in...

Suicide attack leaves 12 Pak soldiers dead

2024-11-21 00:00:00

PESHAWAR, Nov 20 (AFP): A suicide attack in northwest Pakistan killed 12 soldiers, the military said Wednesday, following a separate clash that left eight dead in the same region bordering Afghanistan.The suicide blast occurred on Tuesday and resulted in the...

News in Brief -2024-11-21

2024-11-21 00:00:00

Bogie of freight train derails in B'baria BRAHMANBARIA, Nov 20: A bogie of a freight train derailed at Borohoron near Brahmanbaria rail station in Sadar upazila on Wednesday morning, snapping the rail communication with Dhaka through the up line. However,...

Farmers' capacity, knowledge need recognition for sustainable agriculture

2024-11-21 00:00:00

RAJSHAHI, Nov 20 (BSS): Earned capacity and indigenous knowledge of the grassroots farmers need to be recognised for sustainable and eco-friendly agriculture.Simultaneously, importance should be given to farmers' interests in production and preservation of paddy seeds.Many of the farmers are...

Sugarcane farming gaining popularity in Gopalganj

Our Correspondent | 2024-11-21 00:00:00

GOPALGANJ, Nov 20: The high-yielding sugarcane variety, Eshwardi-34, is rapidly becoming popular, raising hopes for farmers living in Kasiani upazila in the district.According to Kasiani Upazila Agriculture Office, a total of 223 hectares of land have been brought under sugarcane...

HC orders formation of expert body to analyse, prepare report on deals

GULAM RABBANI | 2024-11-20 12:00:00

The High Court on Tuesday asked the government to constitute a high-powered body comprising internationally acclaimed energy and legal experts for preparing a detailed report based on analysis of all the terms and conditions of the deals signed with the...

HC orders to stop battery-run rickshaws in Dhaka within 3 working days

FE REPORT | 2024-11-20 12:00:00

The High Court on Tuesday ordered the government authorities to stop or to impose restrictions on plying of battery-run rickshaws in Dhaka city within three working days in a bid to reduce road accidents. The concerned authorities include home secretary,...

Two workmen without wearing any safety gears paint the wall of a building sitting

2024-11-20 00:00:00

DICING WITH DEATHTwo workmen without wearing any safety gears paint the wall of a building sitting on the crosspiece of a rope ladder, which may invite a fatal accident at any time leading to death. The photo was snapped from...

Dengue: One more dies

2024-11-20 00:00:00

One more death from dengue was reported in the last 24 hours, bringing the total number of fatalities from the mosquito-borne disease in Bangladesh to 422 this year, reports UNB. The latest death occurred in the Dhaka South City Corporation...

Tk 2.65b liquidity support for 3 troubled banks

FE REPORT | 2024-11-20 00:00:00

Three troubled banks received Tk 2.65 billion more as liquidity support from four affluent banks under the central bank's guarantee scheme, officials said. Under the arrangement, First Security Islami Bank received Tk 500 million, National Bank Tk 650 million and...

People's voting rights need to be safeguarded at any cost

2024-11-20 00:00:00

BNP Acting Chairman Tarique Rahman has said people's voting rights need to be safeguarded at any cost, reports UNB.He stressed that voting rights of people are essential for their political and economic emancipation."We're fighting for the restoration of people's freedom...

NBR strengthens ASYCUDA World System security

FE Report | 2024-11-20 00:00:00

The National Board of Revenue (NBR) has strengthened the security of the Automated System for Customs Data (ASYCUDA) World System in the wake of a password theft in May this year. To enhance the system's overall security and prevent misuse,...

RMG exports to EU log 2.47pc neg growth

Monira Munni | 2024-11-20 00:00:00

Bangladesh's ready-made garment (RMG) exports to the European Union (EU) sustained a 2.47 per cent year-on-year negative growth during the first nine months of 2024.Apparel exports to the EU between January and September fetched 13.43 billion euros compared to 13.77...

Sun rises, not surrounded by darkness

2024-11-20 00:00:00

Finance Adviser Dr. Salehuddin Ahmed described the interim government's success in the macroeconomic sector as a positive step forward on Tuesday, stating that the sun has already risen and is not surrounded by darkness, report agencies. "I think dawn shows...

Defiant transport owners now rush for a business slice

MUNIMA SULTANA | 2024-11-20 00:00:00

Once-defiant transport companies now make a beeline for a slice of the business cake as six-colour bus service under one-route, one-company franchise system begins soon in Dhaka, sources said. As planned for a much-cherished modern mass-transport system to remove chaotic...

Consultancy cost soars to Tk 14.37b after 2nd revision

FHM HUMAYAN KABIR | 2024-11-20 00:00:00

Spending on consultancy services for the 172-kilometre Padma rail link project would now stand at Tk 14.37 billion, more than 32 per cent higher than the cost estimated after the first revision, insiders said on Tuesday.The cost of the rail...

VAT on edible oil cut to 5pc

2024-11-20 00:00:00

THE PLIGHT OF THE MIDDLE CLASS A modestly-attired woman, seemingly from a middle-class background, waits patiently in the middle of a queue to buy rice and flour at subsidised rate from an OMS truck. The economic strain caused by inflated...

Country loses $355m annually in taxes

Doulot Akter Mala | 2024-11-20 00:00:00

Bangladesh loses US$355 million in taxes annually as multinational corporations and individual tycoons are parking funds in tax havens to underpay tax, reveals a report on capital flight.The report, launched Tuesday by Tax Justice Network, says tax loss has declined...

Bangladesh Bank bills make a comeback

JUBAIR HASAN | 2024-11-20 00:00:00

A three-year pause on Bangladesh Bank bills is over as the regulator is set to restart the liquidity-sterilization card to offset the injection of high-powered money into the banking system.As part of the liquidity-mopping-up plan, aimed at inflation control, the...

News in Brief -2024-11-20

2024-11-20 00:00:00

56 people enter BD fleeing Myanmar As many as 56 indigenous people have entered the Bangladesh territory through the Naikhongchhari upazila border in Bandarban district after escaping from Myanmar amid war and violence. The batch containing 56 people from the...

Weather may remain dry today,,..

2024-11-20 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country until 6:00 pm today (Wednesday), according to the Met office.Night temperature may fall slightly over Rangpur division and it may remain nearly unchanged elsewhere over the country. Day...

HC wants to know legal status of Orinon's Obaidul Karim

2024-11-20 00:00:00

FE REPORT The High Court (HC) on Tuesday wanted to know the legal status of Orion Group founder Obaidul Karim.During the hearing in a case, an HC bench of Justice Ahmed Sohel asked his lawyer to know legal status of...

Energy transition, climate financing key to BD's prosperity: Rizwana

M AZIZUR RAHMAN From Baku, Azerbaijan | 2024-11-20 00:00:00

Bangladesh is revising its energy policies to transition from fossil fuel-based energy to renewables, advisor to the Ministry of Environment, Forest and Climate Change (MoEFCC) Syeda Rizwana Hasan said Tuesday.She emphasised the critical importance of energy transitions and climate financing...

NOAB airs grave concern

2024-11-20 00:00:00

FE REPORT The Newspaper Owners' Association of Bangladesh (NOAB), in a meeting on Tuesday, expressed grave concern over the government's decision to cancel accreditation cards of over one hundred journalists. The newspaper owners' platform thinks that the step presents a...

Yunus envisions 'EU-like' relations between BD, India

2024-11-20 00:00:00

Muhammad Yunus, chief adviser (CA) to Bangladesh's interim government, has outlined his vision for a closer relationship with neighbouring India, grounded on economic principles like the freedom of trade and movement espoused by the European Union, reports bdnews24.com.In an interview...

Three HC judges resign

FE REPORT | 2024-11-20 00:00:00

Three judges of the High Court (HC) Division of the Supreme Court (SC) resigned on Tuesday. The judges are - Justice Salma Masud Chowdhury, Justice A K M Zahirul Hoque and Justice Quazi Reza-Ul Hoque. They have been relieved of...

Titumir College students postpone demo

2024-11-20 00:00:00

FE REPORTStudents of Government Titumir College suspended their protest on Tuesday until next seven working days following government assurances that their demand for upgrading their institution to a university will be evaluated.Responding to a government call for a dialogue, a...