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Rohingyas in Indonesia face uncertain future as local anger rises

2023-12-20 00:00:00

LHOKSEUMAWE, Dec 19 (AFP): On a remote island in northwestern Indonesia, just miles from the white sand beaches where more than a thousand Rohingya refugees have arrived since mid-November, throngs of residents marched outside a temporary shelter housing the newcomers."Shoo...

Russia Bangladesh's trusted partner since its birth: Ambassador

2023-12-20 00:00:00

Russian Ambassador to Bangladesh Alexander Mantytskiy Tuesday said that they are proud of their country's contribution during the early years of Bangladesh's development, which over the decades has become a role model for the whole world, reports UNB."Today, we remain...

Marginalised people battling climate effects

FE REPORT | 2023-12-20 00:00:00

Marginalised people like those with disabilities, women and girls were grappling with climate-change challenges in Bangladesh, experts told a roundtable on Tuesday.Citing recent data from the Intergovernmental Panel on Climate Change (IPCC), they said women and girls were affected disproportionately,...

BNP's daylong hartal observed

2023-12-20 00:00:00

A daylong hartal called by BNP and other opposition parties was observed across the country on Tuesday in protest against the Election Commission's announcement of the 12th parliamentary election schedule under the Awami League-led government, reports UNB.Since October 29, it...

Insurance regulator unveils guidelines for bank-insurance partnerships

FE REPORT | 2023-12-20 00:00:00

The Insurance Development and Regulatory Authority (IDRA) on Tuesday issued a circular outlining the appointment of corporate agents by commercial banks for partnering with insurance companies. This follows a previous circular on the matter by the Bangladesh Bank.The new guideline...

Realise fairer wages for BD garment workers, support extra costs

FE REPORT | 2023-12-20 00:00:00

Eight US lawmakers urged the American Apparel and Footwear Association (AAFA) to strongly support fairer wages and labour rights in Bangladesh's garment industry by leveraging sourcing influence and supplementing pay-hike costs. The Congress members in a letter to the AAFA...

Prayer Timings (2023-12-20)

2023-12-20 00:00:00

China earthquake kills 116 people

2023-12-20 00:00:00

BEIJING (AP): An overnight earthquake killed at least 116 people in a cold and mountainous region in northwestern China, the country's state media reported Tuesday.Search and rescue operations were underway in Gansu and neighboring Qinghai provinces. The earthquake left more...

Ashraf Ahmed elected DCCI president

2023-12-20 00:00:00

Ashraf Ahmed, Chief Executive Officer (CEO) of Riverstone Capital Limited, has been elected President of Dhaka Chamber of Commerce and Industry (DCCI) for the year 2024, reports BSS.Malik Talha Ismail Bari has been elected Senior Vice President and Md Junaed...

Local power producers push for separate classification

FE REPORT | 2023-12-20 00:00:00

Facing a perfect storm of working-capital woes, a dollar crunch and protracted payment delays, local independent power producers have appealed for a change in how banks categorise them. In a letter to the Finance Division, they argue for being exempted...

Four burnt to death in train blaze in city

FE REPORT | 2023-12-20 00:00:00

At least four people burnt to death as a running train---Mohanganj Express---- was set afire in Dhaka on Tuesday dawn, just before the beginning of a daylong hartal called by the election-boycotting opposition political parties, officials said.Two of the deceased...

Overvalued taka undercuts trade competitiveness

JASIM UDDIN HAROON AND SYFUL ISLAM | 2023-12-20 00:00:00

Bangladesh's currency remains overvalued for long and thus dents the trade competitiveness with overseas trading partners who are enjoying economic pickup and inflation downturn, economists say.Data show that the taka remained overpriced by more than 5.6 per cent or Tk...

Economic slowdown decelerates growth

FE REPORT | 2023-12-20 00:00:00

Bangladesh's economic growth is to decelerate by 0.3 percentage points to 6.2 per cent in the current fiscal as the economy slows and uncertainties over the January election prevail, says the ADB. The revised growth forecast from the Asian Development...

Dealing with common winter diseases

DR IMTIAZ AHMED | 2023-12-20 00:00:00

As the cold weather sets in, we wrap ourselves in blankets and warm clothes. Equally important is to be aware of certain health conditions. These diseases commonly occur or exacerbate during the winter season. The whole family could be affected,...

An emotional journey to the house of Allah

ZANJABIL MASHKURA | 2023-12-20 00:00:00

Experiencing the sight of the Kaaba is an emotion unmatched. From the first time I set my heart on Kaaba back in 2013, there was no coming back. Fortunately, I was blessed to perform Umrah 4 times within ten years,...

In the era of digital abundance, photo albums remain special

FIRUZ NAWER | 2023-12-20 00:00:00

Prior to the availability of digital photography, photo albums were the only way we could save and value our most precious memories. Creating a photo album isn't just about arranging pictures. It can convey a thousand emotions. There was excitement...

Turning a less developed country smart

M Rokonuzzaman | 2023-12-20 00:00:00

Despite a lack of natural resources, economies like Japan, Taiwan, and Germany have reached high-income status. We attribute their success to smartness. Undoubtedly, all less developed countries aspire to keep driving economic growth to earn high-income status. As most of...

Preventing fire tragedies

2023-12-20 00:00:00

Fire-related incidents have become increasingly common in Bangladesh. The year 2023 saw a series of fires and explosions that have afflicted us with extensive damage and fatalities. The frequency of fire incidents has also raised concerns about the adequacy of...

Keeping JU safe for migratory birds

2023-12-20 00:00:00

The campus of the Jahangirnagar University is famous for its lakes and green bushes, which provide a safe sanctuary for the migratory birds. Last year, an estimated 2,500 birds spent the winter comfortably there on arrival from a long travel...

Market monitoring on the wane

Syed Mansur Hashim | 2023-12-20 00:00:00

The market volatility of basic staples is a story that refuses to die. That's because the market has largely been left to the whims of commercial entities that control the supply chain. What has come as a surprise is that...

Policy on reintegration of returnee migrant workers

Wasi Ahmed | 2023-12-20 00:00:00

Migrant workers going abroad and returning home present a picture that essentially reflects the intertwined activities involved in the process. That is to say, migration is not an end in itself but return of workers is also a part of...

Empowering small farmers for rationalising market

2023-12-20 00:00:00

The small-sized family farms that constitute nearly 85 per cent of the entire farming community of the country, also account for the largest share of the agricultural produce. The winter vegetables, for instance, are mostly grown by these small farmers...

Shipping stocks rise in Europe after Red Sea attacks

2023-12-19 00:00:00

MILAN, Dec 18 (Reuters): Shipping stocks rose across European exchanges on Monday after Iranian-backed Houthi militants in Yemen stepped up attacks on vessels in the Red Sea, prompting Denmark's A.P. Moller-Maersk and other freight firms to avoid the Suez Canal.Traders...

Trump bemoans record stock market as just making 'rich people richer'

2023-12-19 00:00:00

Donald Trump, who predicted three years ago that if Democratic President Joe Biden won the White House in 2020 markets would crash, said on Sunday that stock markets hitting record highs were just making "rich people richer."Trump, the frontrunner for...

Foreign investors post record fortnightly purchases of Indian equities

2023-12-19 00:00:00

BENGALURU, Dec 18 (Reuters): Foreign portfolio investors (FPI) were major buyers of Indian equities in the first half of December, making the highest-ever purchases in a fortnight, National Securities Depository data showed.Lower US bond yields on expectation of interest rate...

IBM to buy Software AG's integration platforms for $2.3b

2023-12-19 00:00:00

FRANKFURT Dec 18 (Reuters): IBM said on Monday that it would buy Software AG's enterprise integration platforms for 2.13 billion euros ($2.33 billion) to bolster its artificial intelligence and hybrid cloud offerings.IBM will acquire Software AG's StreamSets and webMethods platforms...

Korea to provide $90m loan to Bangladesh

2023-12-19 00:00:00

A loan agreement on "Climate Resilient Inclusive Development Programme (Subprogram1)" amounting to $90.00 million was signed on Monday between the government of Bangladesh and Korea, reports BSS.Md Anwar Hossain, wing chief and additional secretary of the Economic Relations Division (ERD),...

Officials and employees of Karnaphuli Gas Distribution Company

2023-12-19 00:00:00

Officials and employees of Karnaphuli Gas Distribution Company Limited led by its Managing Director Md Abu Saklain placed a wreath at the Shaheed Minar on the Chattogram Municipal School and College premises on Saturday on the occasion of the Victory...

Employees and officials of Bangladesh Power Development Board

2023-12-19 00:00:00

Employees and officials of Bangladesh Power Development Board (BPDB) led by its Chairman Md Mahbubur Rahman placed a wreath at the portrait of Bangabandhu Sheikh Mujibur Rahman at the BPDB Bhaban in the city on Saturday on the occasion of...

BAEC celebrated Victory Day by hoisting the national flag

2023-12-19 00:00:00

Bangladesh Atomic Energy Commission (BAEC) celebrated the Victory Day by hoisting the national flag in front of its office in the city on Saturday with the participation of BAEC Chairman Prof Dr Ashok Kumar Pal, Member (Planning) Prof Dr Shamim...