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EBL, US State Dept to jointly work on climate change adaptation

FE DESK | 2024-05-16 00:00:00

Eastern Bank (EBL) and the US Department of State have signed an agreement to collaborate on the 'EBL Climate Change Adaptation Award'. This annual award will recognise and celebrate best practices by Bangladeshi corporations, manufacturers, NGOs and climate activists for...

Rules for margin loans: Regulator, lenders consider reforms

MOHAMMAD MUFAZZAL | 2024-05-16 00:00:00

The securities regulator and market operators have put their heads together to change rules for margin loans to stem a further rise of negative equity as they consider it crucial for market stability. A committee comprising representatives from the Bangladesh...

Gold climbs on weaker dollar

2024-05-16 00:00:00

Gold prices climbed to a more than three-week peak on Wednesday, aided by a weaker dollar and yields after data showed the US consumer price index rose less than expected in April, boosting chances of interest rate cuts by the...

Indian wheat stocks at 16-yr low after record state sale

2024-05-16 00:00:00

NEW DELHI, May 15 (Reuters): Wheat stocks in India's government warehouses on May 1 were down 10.3 per cent year on year to their lowest since 2008 after two years of low crops prompted the sale of record volumes to...

Qantas to suspend Shanghai flights on low demand

2024-05-16 00:00:00

.Australia's Qantas Airways said on Tuesday it will suspend flights to Shanghai starting on July 28, citing low demand, nine months after the Australian flag carrier resumed service from Sydney on hopes of a travel rebound following the pandemic, reports...

Oil prices slip as market weighs new 2024 demand data

2024-05-16 00:00:00

LONDON, May 15 (Reuters): Oil prices slipped on Wednesday as International Energy Agency (IEA) data showed demand in developed countries was forecast to flag this year as inflation remains persistent.Brent crude futures were down 54 cents or 0.6 per cent...

News in Brief -2024-05-16

2024-05-16 00:00:00

India downplays US sanctionsthreat overIran port dealNEW DELHI, May 15: India's foreign minister has said his company will work to communicate the benefits of a strategic port project in Iran, after the United States said Indian firms working on the...

Cardiovascular diseases kill about 10,000 Europeans a day

2024-05-16 00:00:00

COPENHAGEN, May 15 (AFP): Cardiovascular disease is responsible for 40 percent of deaths in Europe, the WHO said on Wednesday, urging Europeans to cut their salt intake.That amounts to 10,000 deaths a day, or four million a year, "Implementing targeted...

Ukraine soldiers pull back in Kharkiv after Russia offensive

2024-05-16 00:00:00

KHARKIV, May 15 (BBC): Ukraine has pulled back its troops from several villages in the border region of Kharkiv following continued pressure from Russian forces. Soldiers had come under heavy fire and moved to "more advantageous positions" in two areas...

Eight perish in Florida road crash

2024-05-16 00:00:00

OCALA, May 15: Mexican citizens were among those going to work at a Florida watermelon farm on Tuesday when the bus they were traveling in was sideswiped and crashed, killing eight people, officials said. Alicia Bárcena, Mexico's foreign relations secretary,...

Battles rage across Gaza city

2024-05-16 00:00:00

GAZA, May 15 (Reuters/AP/BBC): Israeli troops fought militants across Gaza on Wednesday, including in the southern city of Rafah that had been a refuge for civilians, in an upsurge of the more than seven-month war that has killed tens of...

Wong replaces him

2024-05-16 00:00:00

SINGAPORE, May 15 (Reuters): Singapore was set to inaugurate Lawrence Wong on Wednesday as its new prime minister and fourth leader since independence six decades ago, completing a carefully calibrated power transfer designed to guarantee continuity in the wealthy city-state.Wong,...

First Women's Club World Cup to take place in 2026

2024-05-16 00:00:00

BANGKOK, May 15 (AP): FIFA finally set a date on Wednesday to play the first Women's Club World Cup tournament in January and February 2026.The first edition should involve 16 teams though FIFA's ruling council did not specify how they...

Shakib, Wanindu share No.1 T20I all-rounder spot ahead of WC

2024-05-16 00:00:00

DUBAI, May 15 (IANS): Bangladesh veteran Shakib Al Hasan and Sri Lanka T20I WC skipper Wanindu Hasaranga with 228 ratings share the top spot in the latest ICC T20I all-rounder in the latest rankings update released on Wednesday.Shakib dropped three...

Tigers en route to T20 ICC WC with guarded optimism

2024-05-16 00:00:00

As the Bangladesh cricket team is set to embark on another T20 World Cup journey to the USA, Head Coach Chandika Hathuru-singha stresses the importance of quick adaptation to unfamiliar conditions and tempers expectations. In their quest for glory, as...

Student drowns in Jamalpur pond

2024-05-16 00:00:00

JAMALPUR, May 15 (BSS): A 17-year old student has drowned in a pond while taking bath in Bakshiganj upazila of the district.The victim is Rifat Miah (17), son of Abdul Halim Sarker, a resident in Dighar Par area of Sherpur...

UPDF calls half-day road blockade in two hill dists

2024-05-16 00:00:00

KHAGRACHHAR, May 15 (UNB): The United People's Democratic Front (UPDF) called a half-day blockade of roads and waterways in Khagrachari and Rangamati districts to protest the 'conspiracy to repeal' the Chittagong Hill Tracts Regulation, 1900.The blockade began at 6:00 am...

Two to die for killing shop employee in Rajshahi

2024-05-16 00:00:00

A Rajshahi court has sentenced two people to death for hacking a mobile store employee to death in Bagha upazila, reports bdnews24.com.Rajshahi Speedy Trial Tribunal Judge Mohammad Mohiduzzaman also sentenced another suspect to three years in prison in the verdict...

RAB bust 'ARSA den' in Cox's Bazar, two 'Rohingya criminals' held

2024-05-16 00:00:00

Members of Rapid Action Battalion (Rab) busted a 'den of Arakan Rohingya Salvation Army (ARSA)' near Ukhiya Rohingya camp in Cox's Bazar district and arrested two suspected Rohingya criminals in the early hours of Wednesday, reports UNB. One of the...

HC rule on eviction of illegal brick kilns in Gaibandha

OUR CORRESPONDENT | 2024-05-16 00:00:00

GAIBANDHA, May 15: The High Court (HC) has issued a rule, asking why no action should be taken to evict 179 illegal brick kilns in the district.It has sought to know why the defendants' inaction to remove the brick kilns...

Bumper yield of B Hybrid-8 expected as Boro harvest on

OUR CORRESPONDENT | 2024-05-16 00:00:00

GOPALGANJ, May 15: Farmers in Gopalganj sadar upazila are expecting a bumper production of B Hybrid Dhan-8 as Boro paddy harvesting is going on in full swing now in the district.According to the Upazila Agriculture Office, 18,100 hectares of land...

The memory streets of Dhaka

Syed Badrul Ahsan | 2024-05-16 00:00:00

Despite your feelings about the city, Dhaka remains a place of warmth. Yes, it is a sprawling urban slum these days, with twenty million people crammed into it. The spaces we once knew in our childhood are all gone. The...

Emphasising career-oriented education

2024-05-16 00:00:00

The more orderly the education system of a country, the better is the quality of education. Unfortunately, our country's education system is flawed from start to finish. The transition from education to work is particularly problematic. Universities, supposed to be...

Implementing 'no helmet, no fuel' policy

2024-05-16 00:00:00

The government's directive to implement the 'No Helmet, No Fuel' policy across the country starting from May 15, 2024, is a significant step towards enhancing road safety. The 'No Helmet, No Fuel' policy is a practical approach to ensuring that...

BIMSTEC and regional prosperity

Mir Mostafizur Rahaman | 2024-05-16 00:00:00

The emergence of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was seen as a major development in promoting regional cooperation in South Asia.As the South Asian Association of Regional Cooperation (SAARC) has failed to meet...

Raising age limit for govt jobs is no panacea

Atiqul Kabir Tuhin | 2024-05-16 00:00:00

The decade-old demand of jobseekers to raise the maximum age to applying for government jobs from 30 to 35 years has again resurfaced following Education Minister Mohibul Hassan Chowdhury's recent letter to the Ministry of Public Administration. In his letter,...

Reducing use of imported LNG

2024-05-16 00:00:00

At a time when Bangladesh's overdependence on import of liquefied natural gas (LNG) poses a threat to power generation and industrial production, a study by the Institute for Energy Economics and Financial Analysis (IEEFA) suggests how the import parameter can...

'SBAC SMART BANKING SERVICES' LAUNCHED

2024-05-15 12:00:00

Minister for Housing and Public Works R.A.M. Obaidul Muktadir Chowdhury unveils the 'SBAC Smart Banking Services', a digital product platform, at the celebration of SBAC Bank's 11st anniversary. Abu Zafar Mohammod Shofiuddin (Shamim), MP, Chairman of SBAC Bank, and AKM...

Mild heat wave sweeps in seven dists

2024-05-15 00:00:00

A mild heat wave is sweeping Tangail, Rajshahi, Pabna, Jashore, Nilphamari, Rangamati and Feni districts and it may continue, reports UNB.Weather may remain mainly dry with temporary partly cloudy sky over the country, said a regular bulletin of Bangladesh Meteorological...

Australia unveils US$6 billion budget surplus, sets clean energy focus

2024-05-15 00:00:00

CANBERRA, May 14, (AFP) - Australia unveiled a US$6 billion budget surplus on Tuesday, touting a clean energy "transformation" that could eventually shift the mining superpower away from fossil fuels."This budget invests in our renewable energy superpower ambitions," said Treasurer...