FE REPORT | 2024-01-12 00:00:00
The High Court on Thursday acquitted Regent Group chairman Mohammad Shahed alias Shahed Karim in an arms case in which he got life-term imprisonment by the trial court.The HC bench of Justice Ashish Ranjan Das and Justice Md Riaz Uddin...
KABUL, Jan 11 (AFP): A powerful earthquake hit northeastern Afghanistan on Thursday, shaking buildings from the capital Kabul to Islamabad in neighbouring Pakistan.The epicentre of the 6.4-magnitude earthquake was in Jurm district in the Afghan province of Badakhshan in the...
Russia's Rosatom has manufactured the first three fuel assemblies of Uranium-Plutonium MOX fuel at its Mining and Chemical Combine plant in Zheleznogorsk, of Krasnoyarsk region.According to the organization, which engaged in Bangladesh's Rooppur Nuclear Power Plant project as contractor, this...
FE REPORT | 2024-01-12 00:00:00
The Supreme Court on Thursday debarred two lawyers from conducting any case in the Appellate and High Court Divisions for the next four weeks on charges of making 'derogatory statements' in a letter sent to Chief Justice (CJ) Obaidul Hassan.The...
FE REPORT | 2024-01-12 00:00:00
The US has pledged to continue its partnership with Bangladesh to prevent human trafficking, prosecute traffickers and provide for survivors, the US Embassy said in a statement on Thursday."Working together with Bangladesh to combat human trafficking is a great example...
FE REPORT | 2024-01-12 00:00:00
The Fitch Ratings expects broad policy continuity in Bangladesh following the government's general election win, in a vote boycotted by the main opposition Bangladesh Nationalist Party, although external challenges remain.The Awami League continues to be in a strong position to...
DUBAI, Jan 11 (AP) : An oil tanker once at the centre of a crisis between Iran and the United States was boarded in the Gulf of Oman by "unauthorised" people in military uniforms early on Thursday morning, an advisory...
YASIR WARDAD | 2024-01-12 00:00:00
The already-volatile essential-commodity market witnessed another round of fresh price hikes last week, fueled by disruptions to the supply chain following the national elections. Rice, beef, chicken, flour and pulses saw price increases last week, leaving consumers wondering about the...
FE REPORT | 2024-01-12 00:00:00
As a new government takes over, Transparency International Bangladesh (TIB) pleads for confiscating any ill-gotten fortunes of the newly-elected lawmakers through due legal process by scrutinising their election-affidavit data. "Based on scrutiny of the election-affidavit data and consistent with the...
FE REPORT | 2024-01-12 00:00:00
Chinese President Xi Jinping has congratulated Sheikh Hasina on her re-election as the prime minister of Bangladesh.China and Bangladesh are neighbours with long-established friendship, Jinping said in a congratulatory message sent from the Chinese Embassy in Dhaka on Thursday."Over the...
FE REPORT | 2024-01-12 00:00:00
Key consumer items alongside industrial raw materials can be imported on supplier's or buyer's credit under 90-day usance approved by the central bank for cooling the overheated market. Bangladesh Bank (BB) has allowed eight key items to be imported on...
SAVAR, Jan 11 (UNB): Police have arrested four people, including Awami League and Krishak League leaders, for alleged involvement in post-election violence in Savar.They were arrested in raids at different places on Wednesday night, said Akbar Ali Khan, officer-in-charge of...
KERANIGANJ, Jan 11 (UNB): A young man was beaten to death in Keraniganj on Tuesday after allegedly arguing with a local Swechchhasebak League leader.The victim Russel, 35, was reportedly taken away by a group of followers of the thana unit...
Bangladesh Nationalist Party's (BNP) central office in Dhaka's Nayapaltan was reopened on Thursday morning, nearly two and a half months after closure following clashes with police during the party's grand rally on October 28, 2023, reports UNB.Some BNP leaders and...
FE REPORT | 2024-01-12 00:00:00
The High Court (HC) on Thursday rejected a writ petition filed by Awami League candidate Mostafizur Rahman Chowdhury from Chattogram-16 constituency for the January 07 general election, challenging the decision of the Election Commission (EC) about the cancellation of his...
BNP Chairperson Khaleda Zia returned home from Evercare Hospital on Thursday after receiving treatment for her various health complications for over five months, reports UNB.The BNP chief left the hospital at 5pm and reached her Gulshan residence around an hour...
The United States has said "nothing has changed" about their desire to see that the aspirations of Bangladeshis are met, reports UNB."We obviously still believe in the importance of viable, vibrant democratic institutions all over the world," National Security Council...
JAKARTA, Jan 11 (Reuters): Indonesia has assigned its state food procurement firms Bulog and IDFood to procure 120,000 metric tons of meat from Brazil and India this year, the National Food Agency (NFA) said on Thursday.Bulog was alloted an import...
NEW DELHI, Jan 11 (Reuters): India is considering import duty cuts on components key to producing high-end mobile phones, two government officials said, which would potentially be a boost for companies like Apple and the country's exports.Companies in the sector...
WASHINGTON, Jan 11 (Reuters): A recent dip in Apple's stock over worries about iPhone sales has left the Silicon Valley tech heavyweight in danger of being overtaken by Microsoft as the world's most valuable company.Fresh worries about smartphone demand have...
BUENOS AIRES, Jan 11 (AFP): Argentina and the International Monetary Fund announced an agreement Wednesday to release $4.7 billion dollars as part of a debt restructuring plan for the troubled South American giant.Latin America's third-biggest economy is on its knees...
LONDON, Jan 11 (Reuters): Big investors are tearing up market playbooks for 2024 based on timing an expected recession and interest rate cuts, as the world economy proves surprisingly resilient.They are turning lukewarm on government bonds and away from big...
TOKYO, Jan 11 (Reuters): Japan's Nikkei share average scaled its highest levels since February 1990 on Thursday, as a weaker yen buoyed exporters and caution over an impending hike by the Bank of Japan continued to fade on the back...
GANDHINAGAR, India, Jan 11 (Reuters): US stock exchange Nasdaq has held talks with Indian authorities on potentially allowing local Indian companies to list directly on foreign stock exchanges, a senior Nasdaq executive said.Indian companies are currently not permitted to list...
Bank Asia has signed an agreement with Syngenta under the bank's corporate social responsibility (CSR) to provide free seeds, fertilisers and pesticides to the poor and marginal farmers. Shafiuzzaman, president and managing director (current charge) of Bank Asia; and Hedayet...
Mercantile Bank Chairman Morshed Alam MP has won a hat-trick in Noakhali-2 (Senbag-Sonaimuri) in the 12th parliamentary election. The board of directors and top management of the bank greeted him with bouquets on Thursday. A. S. M. Feroz Alam and...
International Leasing and Financial Services Limited appointed Kazi Alamgir as its managing director (MD) on Thursday. The newly appointed managing director is being congratulated with a bouquet. In a banking career spanning over 37 years, he worked in various capacities...
Huawei South Asia Representative office has announced its achievements in the renewable energy sector at an event titled 'Huawei Solar Annual Ceremony 2023' in Dhaka recently.In 2023, Huawei delivered a 100 MW utility project for distribution to the national grid...
The ready-made garment (RMG) industry of Bangladesh needs to focus more on value addition in order to sustain and further enhance its global competitiveness, said Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Faruque Hassan, reports UNB."In the garment industry,...
FE REPORT | 2024-01-12 00:00:00
The benchmark index of the Dhaka Stock Exchange (DSE) extended its rally on Thursday amid a rise in investor confidence about the market. Investors are optimistic that the economy will gradually overcome the prevailing challenges that are keeping the market...
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