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Target sees some disruption of Indian supplies on Red Sea crisis

2024-01-14 00:00:00

NEW YORK, Jan 13 (Reuters): US retailer Target is experiencing some disruptions of shipments from India and Pakistan, a big region for apparel manufacturing, due to the crisis in the Red Sea, a source familiar with the matter told Reuters...

Automation of taxation to generate more revenues: DCCI president

2024-01-14 00:00:00

President of Dhaka Chamber of Commerce and Industry (DCCI) Ashraf Ahmed said automation of taxation system will help reduce hindrances and increase tax. "Few initiatives have been taken that would make it easier for businesses to submit their returns," he...

EU's competition czar warns tech giants on new rulebook

2024-01-14 00:00:00

SAN FRANCISCO, Jan 13 (AFP): The European Union's competition czar Margrethe Vestager on Friday said US tech giants will have to strictly abide by the bloc's new rules on how they do business when they come into force in two...

India's retail inflation rises to four-month high

2024-01-14 00:00:00

NEW DELHI, Jan 13 (Reuters): India's annual retail inflation rose at the fastest pace in four months in December, driven by a rise in prices of some food items, raising expectations that the central bank will stay away from interest...

Morgan Stanley to pay $249m to settle US trading fraud charges

2024-01-14 00:00:00

NEW YORK, Jan 13 (AFP): Morgan Stanley will pay $249 million to settle civil and criminal charges connected to stock trades where it disclosed key information that it promised to keep confidential, US authorities announced Friday.The conduct concerns large equity...

Pakistan research house sees higher growth

2024-01-14 00:00:00

KARACHI, Jan 13 (Express Tribune): A Pakistan-based research house has disagreed with the International Monetary Fund's (IMF) economic forecast, anticipating comparatively higher economic growth at 3 per cent and a lower current account deficit at $4 billion in the current...

Ghana secures debt deal as part of IMF loan

2024-01-14 00:00:00

ACCRA, Jan 13 (AFP): Ghana has reached an agreement with external creditors for a debt restructuring that was key to its $3 billion credit line with the IMF, the government and the lender said.Facing its worst economic crisis in decades,...

Mohammed Mahtabur Rahman, Chairman of NRB Bank Ltd. and Chairman & Managing Director of Al Haramain Perfumes Group

2024-01-14 00:00:00

NRB Bank Chairman honouredMohammed Mahtabur Rahman, Chairman of NRB Bank Ltd. and Chairman & Managing Director of Al Haramain Perfumes Group of Companies, UAE, along with his spouse Bayzun N Chowdhury, Director of NRB Bank; his son Mohammed Emadur Rahman,...

DIFE Service Week begins today

2024-01-14 00:00:00

The Department of Inspection for Factories and Establishments (DIFE) will host 'DIFE Service Week 2024' for the first time in the country, beginning today (Sunday). The theme of the week is 'Safe Working Environment for all', says a statement.The headquarters...

Saudi investment ministry signs deal with UK firm

2024-01-14 00:00:00

RIYADH, Jan 13 (Arab News): Saudi Arabia's investment ministry on Thursday signed an agreement with UK-based Power Metal Resources it said aims to unlock high-value investment opportunities to maximize the potential benefits offered by the Kingdom's natural resources.The memorandum of...

Southeast Bank organised 'Business Policy and Planning Conference- 2024' on Saturday to evaluate the business position of the

2024-01-14 00:00:00

Southeast Bank organised 'Business Policy and Planning Conference- 2024' on Saturday to evaluate the business position of the bank. Alamgir Kabir, chairman of the bank, M. Maniruz Zaman Khan, nominee of Bay Leasing & Investment Ltd, Md. Rafiqul Islam, nominee...

Offshore funds raise concerns over India's same-day trade settlement plan

2024-01-14 00:00:00

BENGALURU, Jan 13 (Reuters): India's proposals for same-day settlement of securities trades will be costly for offshore funds and could fragment the market, according to a lobby group for the funds.The Securities and Exchange Board of India (SEBI) last month...

New financing route to roll out soon for real estate

FE REPORT | 2024-01-14 00:00:00

The real estate sector is likely to see a boost as another financing route is about to open following the recent approval of Real Estate Investment Trust Fund Rules 2024.The stock market watchdog will finalise the rules on receiving feedbacks...

Regulator to probe Popular Life to see if it committed fund leaks

Mohammad Mufazzal | 2024-01-14 00:00:00

The securities regulator has begun an investigation into Popular Life Insurance to find out if it is responsible for any fund misuse and to trace its assets and investments, provoked by auditor's financial review. Examining the company's audited financial statements,...

Online teaching methods

SABIT IBTISAM ANAN | 2024-01-14 00:00:00

Covid-19 drove a fundamental shift in our lifestyle, when it forced the entire world to go remote. Like any other faucet of our life, education took a drastic change as well. Students around the world shifted to online classes, and...

What will be the scenario of future job environment?

TANJIM HASAN PATWARY | 2024-01-14 00:00:00

The job environment in the world is changing over time which incurs new tools and techniques to both the employers and the employees. As well as enhancing productivity, sustaining in the long-run is becoming a key issue to the marketers....

Staying secure from digital scamming

TAHSEEN NOWER PRACHI | 2024-01-14 00:00:00

Ms Asia (pseudonym) was beyond herself when her daughter bought her the smartphone during last Eid vacation. She was slowly navigating the curious world of online wonders, with her new email and social media accounts. The sun was on the...

Barbecue off the menu in Argentina as inflation nears 200pc

2024-01-14 00:00:00

BUENOS AIRES, Jan 11 (Reuters): Argentine retiree Susana Barrio says she no longer invites her friends over for the traditional asado barbecue, long a key part of social life in the South American farming nation. Fast-rising meat and vegetable prices...

Delta orders up to 40 Airbus widebody planes

2024-01-14 00:00:00

CHICAGO, Jan 13 (Reuters): Delta Air Lines on Friday unveiled an order for up to 40 new Airbus A350-1000 widebody aircraft, with deliveries of the first 20 jets are scheduled to begin in 2026.The order, which Reuters this week reported...

US corn stocks swell as world recovers from tighter supplies

2024-01-14 00:00:00

CHICAGO, Jan 13 (Reuters): US corn inventories last month swelled to their largest level since 2018, the US Department of Agriculture said on Friday, as global supplies recover from multi-year lows.World grain supplies are becoming more comfortable after tightening due...

US producer prices unexpectedly fall

2024-01-14 00:00:00

WASHINGTON, Jan 13 (Reuters): US producer prices unexpectedly fell in December amid declining costs for goods such as diesel fuel and food, suggesting inflation would continue to subside and allow the Federal Reserve to start cutting interest rates this year.The...

Container rates soar on concerns of prolonged Red Sea disruption, inflation

2024-01-14 00:00:00

LONDON/LOS ANGELES, Jan 13 (Reuters): Container shipping rates for key global trade routes have soared this week, with US and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red Sea, one of the...

Australia women focus on Bangladesh tour as T20 WC preparation

2024-01-14 00:00:00

SYDNEY, Jan 13 (IANS): Australia national selector Shawn Flegler said the women's team will be aiming to use their first-ever bilateral tour of Bangladesh as preparation and gathering information for the Women's T20 World Cup to be held in the...

Quarter Master General of Bangladesh Army Lieutenant General Md Saiful Alam posing with the winners

2024-01-14 00:00:00

Quarter Master General of Bangladesh Army Lieutenant General Md Saiful Alam posing with the winners of the Trust Bank 6th Defence Service Cup Golf Tournament 2024 at Kurmitola Golf Club in Dhaka Cantonment on Friday — ISPR

Ebadot hopes to return to cricket before T20 WC

2024-01-14 00:00:00

Bangladesh fast bowler Ebadot Hossain expressed a strong desire to play the upcoming T20 World Cup in West Indies and USA in June by making him fit enough to play as faster as he can, reports BSS.The fast bowler has...

Over 0.73m-tonne maize yield expected in Rajshahi division

2024-01-14 00:00:00

RAJSHAHI, Jan 13 (BSS): Over 0.73 million (7.31 lakh) tonnes of maize yield are expected to be produced on 62,225 hectares of land in all eight districts under Rajshahi division during the current Rabi season.In the previous year, around 0.55...

People with child patients wait in a queue at the Kamrangirchar 31-bed Hospital outdoor in the city amid

2024-01-14 00:00:00

People with child patients wait in a queue at the Kamrangirchar 31-bed Hospital outdoor in the city amid a surge in cold and fever among children. The photo was taken on Saturday — Focus Bangla

Two bodies recovered in Natore

2024-01-14 00:00:00

NATORE, Jan 13 (UNB): Police recovered the bodies of two men from two separate places in Natore on Saturday morning.One of the deceased was identified as Makrob Ali, 70, and the identity of the other man could not be known...

Khulna middle, low-income people feel the pinch of price hike

2024-01-14 00:00:00

KHULNA, Jan 13 (UNB): In the aftermath of the January 07 national election, the kitchen markets in Khulna have witnessed a substantial hike in the prices of daily essentials, severely impacting middle-class and low-income families. This sudden increase in prices...

Three policemen among four held over gold smuggling in Khulna

2024-01-14 00:00:00

KHULNA, Jan 13 (UNB): Four people, including three policemen, were arrested in Khulna in a case filed over smuggling gold on Friday night.The arrestees are Basdev Dey, a gold smuggler from Khalishpur area in Khulna, Sub-inspector (SI) Mostafa Zaman, ASI...