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UN chief calls for global action on extreme heat

2024-07-27 00:00:00

The Secretary-General of the United Nations, António Guterres, has released a "Call to Action" on extreme heat in response to the deadly impacts of rising temperatures all over the world, reports UNB. The call to action outlines the global need...

Repression, deaths highlight severe govt deficiencies: TIB

2024-07-27 00:00:00

The recent repression of the students' quota reformation movement for government jobs, coupled with unprecedented deaths and destruction, highlights severe governance deficiencies, according to Transparency International Bangladesh (TIB), reports UNB.In a press release on Friday TIB emphasised that peaceful dissent...

Disclose details about crackdown on protests

FE REPORT | 2024-07-27 00:00:00

UN Human Rights Chief Volker Türk has called on the Bangladesh government urgently to disclose full details about last week's crackdown on student protests amid the growing accounts of horrific violence, and to ensure all law enforcement operations abide by...

Striking FTA with Latin American bloc seems on backburner

REZAUL KARIM | 2024-07-27 00:00:00

Striking a much-needed free-trade agreement (FTA) with a potential Latin American bloc encoded Mercosur apparently lacks pace and the chance of a top-level push is missed. Sources say there had been a perceived lukewarm response from the Southern Common Market...

Financial account surplus tapering off for less intake

FE REPORT | 2024-07-27 00:00:00

Bangladesh's financial-account surplus was tapering off while the deficit in current account widening until the last part of the just-past fiscal year, indicating some macroeconomic imbalances. The stresses on the two accounts related to external incomings and outgoings during 11...

Find and bring culprits to justice: PM

2024-07-27 00:00:00

Prime Minister Sheikh Hasina said on Friday that the BNP-Jamaat and Shibir carried out the nationwide mayhem to undermine the country's development alongside tarnishing its image abroad, calling upon the countrymen to help arrest the culprits and bring them to...

Briefing 2024-07-27

2024-07-27 00:00:00

Prayer Timings (2024-07-27)

2024-07-27 00:00:00

Delhi tightens purse strings on Dhaka aid

FHM HUMAYAN KABIR | 2024-07-27 00:00:00

Foreign aid to Bangladesh from India was the lowest among key development partners in the just-ended FY 2023-24, data shows. Moreover, the neighbouring country in its FY 2024-25 union budget trimmed the development allocation for Bangladesh by 40 per cent,...

Guarded life, limited economic activity under relaxed curfew

FE REPORT | 2024-07-27 00:00:00

An unlikely weekend it looked like in Dhaka-increased traffic and commuters, evidently as people came out for doing limited economic activity under a further relaxed curfew after days of delirious unrest. The curfew restrictions in the capital city and adjacent...

Stepping back in time

IG Chowdhury | 2024-07-27 00:00:00

My eye surgeon has a special way of telling me about the state of my eyes. As he looks in my eyes, he laments that we are not twenty-one any more. As he writes down the prescription, his words are...

Looking for escape from a brutal and inhospitable city

Nilratan Halder | 2024-07-27 00:00:00

Living in Dhaka in normal time is quite challenging. Its environmental pollution is infamous and ranks mostly at the top among the worst polluted cities. Unsurprisingly, the capital city of Bangladesh has the dubious record of ranking among the world...

Surveillance and privacy: Walking the tightrope

2024-07-27 00:00:00

In a time of technological innovation and globalised communities, the issue of surveillance and its effects on personal privacy has gained more significance. It is critical to consider if we can achieve a delicate balance between the protection of our...

Restore rule of law in university dorms

2024-07-27 00:00:00

First-year students come to universities envisioning spacious campus, big dormitories and decent residential facilities. But, as far as managing a seat in the dorm is concerned, their dream shatters into pieces as soon as they step into the campus due...

Damage and loss never to be healed

Tanim Asjad | 2024-07-27 00:00:00

The country has witnessed one of the horrific and tragic episodes marked by widespread violence claiming more than 200 lives and leaving thousands injured. Targeted destruction of public property by miscreants is deeply concerning. The unruly mob torched offices, buses...

Ensuring uninterrupted export shipments

Syed Mansur Hashim | 2024-07-27 00:00:00

The country's export sector faced troubles as shipments were being handled manually following the shutdown of internet. However, according to a report published in this newspaper on July 24, the "Customs authorities Tuesday restored some of its networks to release...

Urgent assistance needed for flood-hit people to restart life

2024-07-27 00:00:00

"Bangladesh is used to flooding, but climate change is making floods more intense and less predictable, making it impossible for families to stay safe, let alone plan" anything beforehand. This is how the head of BRAC's Disaster Risk Management programme...

Revisiting the ancient Olympic Games

Helal Uddin Ahmed | 2024-07-27 00:00:00

The Olympic Games had its origin exactly 2800 years ago - in the year 776 B.C.E - at the Greek site of Olympia, when some spectators came together to watch a men's foot-race. This classical sporting event of the ancient...

SCBA president blames govt

FE REPORT | 2024-07-26 12:00:00

The Supreme Court Bar Association (SCBA) president blamed the government for the casualties that happened during the recent quota movement, while its secretary blamed the 'anti-liberation forces' for the situation. The two leaders expressed these dissenting opinions in two separate...

Tesla's bleak margins sink shares as Musk hypes everything but cars

2024-07-26 00:00:00

\Tesla shares tumbled 12 per cent on Wednesday, evaporating almost $100 billion in stock market value after CEO Elon Musk's talk of humanoid robots and driverless taxis failed to comfort investors worried about the electric car maker's shrinking profit margins,...

Global investors scramble to dodge US election curveballs

2024-07-26 00:00:00

LONDON, July 25 (Reuters): Investors are scrambling to shore up global portfolios against wild market swings ahead of the Nov. 5 US presidential election and backing out of assets stuck in the crosshairs of uncertainty, from big tech stocks to...

Carrier's profit beats estimates on price hikes

2024-07-26 00:00:00

NEW YORK, July 25 (Reuters): Carrier Global surpassed analysts' estimates for second-quarter profit on Thursday, benefiting from price hikes, resilient demand for its heating, ventilating and air conditioning products and aftermarket repair services.The air conditioner maker also said it plans...

China makes surprise cut to key lending rate

2024-07-26 00:00:00

BEIJING, July 25 (AFP): China's central bank on Thursday unexpectedly cut a medium-term interest rate by the most in more than four years, marking the latest move by authorities to boost economic growth.The world's second-largest economy has encountered severe headwinds...

Pak finance minister in Beijing to seek debt relief

2024-07-26 00:00:00

ISLAMABAD, July 25 (Reuters): Pakistan's Finance Minister Muhammad Aurangzeb on Thursday arrived in Beijing to open talks on power sector structural reforms suggested by the International Monetary Fund (IMF), two government sources said.He held a meeting with his Chinese counterpart...

IFIC Bank launches 'IFIC Islamic'

2024-07-26 00:00:00

IFIC Bank launched 'IFIC Islamic,' a shariah-compliant full range of Islamic banking services,aiming to offer comprehensive Islamic financial solutions alongside its conventional banking services. The official inauguration of 'IFIC Islamic' took place on Thursday, July 25, 2024, at the multipurpose...

Dettol, ToguMogu to promote better health for new mothers, children

2024-07-26 00:00:00

Dettol, leading household name in Bangladesh, has recently announced its partnership with ToguMogu, the largest Bangladeshi parenting app, to promote better health for new mothers and children, reports UNB.The signing ceremony was held at the Reckitt's corporate office in Gulshan...

LPG sales boom as unrest fuels demand

2024-07-26 00:00:00

Sales of LPG (liquified petroleum gas) witnessed a boom against the backdrop of the prolonged unrest affecting the country, taking advantage of the fact that prepaid and smart prepaid gas consumers are facing obstacles to recharging their balances, reports UNB.According...

Khairul Alam re-elected chair of AB Bank

2024-07-26 00:00:00

Barrister Khairul Alam Choudhury has been re-elected as AB Bank's chairman for the second consecutive term, according to a press release.Mr. Choudhury is a senior lawyer of the Supreme Court of Bangladesh. He completed his graduation from the University of...

Foreigners sell nearly $1b in Indian equities in 2 days since budget

2024-07-26 00:00:00

BENGALURU, July 25 (Reuters): Foreign investors sold nearly $1 billion worth of Indian equities in the two days since the government raised taxes on derivatives trades and on capital gains from equity investments in its annual budget.Foreign portfolio investors (FPIs)...

Stocks rebound as investors show increased appetite in blue chips

FE REPORT | 2024-07-26 00:00:00

Stocks rebounded strongly on Thursday, after a sharp decline the day before, as investors showed buying appetite in selective blue chip shares in anticipation of a turnaround.The market recovery was mostly supported by price appreciation of blue chip stocks as...