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Nepal eyes joint ventures with global investors

2024-03-31 00:00:00

Nepal has invited global investors, including those from Bangladesh, to participate in joint ventures, as the Himalayan country is aiming for growth and shared prosperity."We stand ready to facilitate Bangladeshi investors. Investment is playing an important role in strengthening economic...

Global brands shirk responsibility for further wage hike

2024-03-31 00:00:00

FE ReportThe Clean Clothes Campaign (CCC) has alleged that global brands attempted to avoid their responsibility for further wage hike and legal threats Bangladeshi garment workers are facing due to wage protests.The CCC, a global platform of labour unions in...

BRAC Bank has recently organised an Agent Banking Meet for five southern districts to formulate a business roadmap for 2024 and beyond.

2024-03-31 00:00:00

BRAC BANK HOSTS AGENT BANKING MEET IN KUAKATABRAC Bank has recently organised an Agent Banking Meet for five southern districts to formulate a business roadmap for 2024 and beyond. The conference was organised with support from the Bill and Melinda...

NBR moves to align tariff structure with WTO obligations

2024-03-31 00:00:00

In a step towards global trade compliance, the National Board of Revenue (NBR) has undertaken a comprehensive review of Bangladesh's tariff regime, identifying 60 tariff lines where current customs duties and associated charges surpass the bound rates established in the...

Automakers urge Biden to oppose US Steel sale to Cleveland-Cliffs

2024-03-31 00:00:00

WASHINGTON, Mar 30 (Reuters): A group representing major automakers on Friday urged the White House to oppose any effort by steelmaker Cleveland-Cliffs to buy rival US Steel, warning that a deal could result in anti-competitive pricing for vehicles."A consolidation of...

Global freight acceleration to lift fuel prices

2024-03-31 00:00:00

LONDON, Mar 30 (Reuters): Global trade flows have showed signs of accelerating at the start of 2024, as the major industrial economies began to pull out of the slump that started in late 2022, which should boost demand for transport...

Blackouts hit Ukraine after Russian air raids

2024-03-31 00:00:00

KYIV, Mar 30 (AFP): Ukraine said Friday that it had imposed emergency blackouts on several regions after Russia fired dozens of missiles and drones at its power stations overnight.Moscow has stepped up its aerial bombardment of Ukraine in recent weeks,...

Climate change: Hot weather to last for longer period

2024-03-31 00:00:00

WASHINGTON, Mar 30 (AFP): Climate change is causing heat waves to slow to a crawl, exposing humans to extreme temperatures for longer than ever before, a study published in Science Advances said Friday.While previous research has found climate change is...

Iranian journo stabbed in UK now in stable condition

2024-03-31 00:00:00

LONDON, Mar 30 (AFP): A UK-based journalist for independent Iranian media who was attacked outside his London home, prompting a counter-terrorism police probe, is "doing very well", his news channel said on Saturday.Pouria Zeraati, a presenter for Persian-language outlet Iran...

Peru police team raids President home

2024-03-31 00:00:00

LIMA, Mar 30 (AFP): Peruvian authorities raided President Dina Boluarte's home on Saturday as part of an ongoing corruption investigation related to undisclosed luxury watches.According to a police document obtained by AFP, about 40 officials were involved in the raid,...

The trend and negative effects of backbiting among youths

Asma-ul-husna | 2024-03-31 00:00:00

Nothing destroys relationships among a group of people like backbiting. It affects friendships, creates misunderstandings, and destroys the foundation of respect for one another. Understandably, it has a significant impact in a sensitive environment such as academia or work-place. Starting...

Sports organiser Mohammad Yousuf dies

2024-03-31 00:00:00

Mohammad Yousuf, vice-president of Bangladesh Hockey Federation (BHF) and veteran sports organiser, passed away due to a cardiac arrest at the Evercare Hospital in Chattogram on Saturday, reports BSS.Yousuf, who was acting general secretary of the BHF's previous committee, breathed...

Zamindarbari at Bharatkhali in Gaibandha uncared for

2024-03-31 00:00:00

OUR CORRESPONDENTGAIBANDHA, Mar 30: Kacharibari of Zamindar Rajes Kanto Roy in Hat Bharatkhali of Saghata Upazila of Gaibandha stands as a witness of the times.There was a zamindari in the house. The zamindar used to have various needs of the...

Fire guts six shops in Chattogram

2024-03-31 00:00:00

CHATTOGRAM, Mar 30 (BSS): A total of six different kinds of shops and a house were gutted in a fire that broke out in Segun Bagan area under Chandragona in Rangunia upazila of the district in the early hours of...

50 injured as engine hits stationary train in Lalmonirhat

2024-03-31 00:00:00

LALMONIRHAT, Mar 30 (UNB): At least 50 passengers on a stationary train at a Lalmonirhat rail station were injured in a hit by a locomotive engine while it was being changed on Saturday afternoon.Two of the injured passengers were sent...

Man electrocuted in Sherpur while chasing elephants

2024-03-31 00:00:00

SHERPUR, Mar 30 UNB): A 23-year-old youth died after being electrocuted in an elephant trap in the hill town of Nakugaon in the Nalitabari upazila of Sherpur early Saturday.The deceased was Usman Ali, 23, of the Nakugaon Village Ashrayan Project.Monirul...

Two held with 20 gold bars in Joypurhat

2024-03-31 00:00:00

JOYPURHAT, Mar 30 (UNB): Members of Border Guards Bangladesh (BGB) arrested two people with 20 gold bars worth Tk 22.9 million (2.30 crore) from Uchna in Panchbibi upazila of Joypurhat district on Friday.The arrestees were identified as Abdul Wahab, 42,...

Student dies being hit by train in Joypurhat

2024-03-31 00:00:00

JOYPURHAT, Mar 30 (BSS): A college student was killed after being hit by a train in Biswaspara area of the district town on Saturday.The deceased was identified as Jihan,18, son of Syed Sujan, resident of Biswaspara area of the district...

Delhi Shahi Phirni: A covetable Iftar delicacy in Rajshahi

OUR CORRESPONDENT | 2024-03-31 00:00:00

RAJSHAHI, Mar 30: 'Delhi Shahi Phirni' of Rahmania Hotel and Restaurant, a well-know eatery located at Ganakpara in Rajshahi city, has been bearing a tradition of more than seven decades. After its maiden sale in small clay pots in 1952...

Farmer killed over land dispute in Natore

2024-03-31 00:00:00

NATORE, Mar 30 (UNB): A farmer died after being attacked by a rival group over a land dispute in Naldanga upazila of Natore on Saturday.Zillur Rahman, 47, died while undergoing treatment at Rajshahi Medical College Hospital on Saturday morning.Naldanga Police...

Five sub-branches of Exim Bank were inaugurated at Chaterpaiya in Noakhali, Daganbhuiyan in Feni, Jagatpur in Chandpur,

2024-03-31 00:00:00

Exim Bank inaugurates five sub-branches Five sub-branches of Exim Bank were inaugurated at Chaterpaiya in Noakhali, Daganbhuiyan in Feni, Jagatpur in Chandpur, Mirpur North Pirerbag in Dhaka and Elenga in Tangail. Managing director and CEO of Exim Bank Mohammad Feroz...

Investors eye Fed rate cut, earnings as key to sustaining market rally

2024-03-31 00:00:00

NEW YORK, March 30 (Reuters): After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers on an expected interest rate cut by...

US pension fund CalPERS backs Peltz, Rasulo in Disney board battle

2024-03-31 00:00:00

NEW YORK, March 30 (Reuters): The California Public Employees Retirement System (CalPERS) said on Friday it voted to elect activist investment firm Trian Fund Management's two director candidates to Walt Disney's board, in one of the most closely watched and...

Margin loans: The tale that has not been told

Mohammad Mufazzal | 2024-03-31 00:00:00

General investors and the country's capital market repeatedly become victims of accumulated burden of margin loans disbursed to big investors. The recent rapid market erosion is the latest such event that befell them.The regulatory bodies have always claimed that they...

It is time to exercise consumer power

Hasnat Abdul Hye | 2024-03-31 00:00:00

In market economy consumer is sovereign, according to text book of Economics 101. Consumers convey their needs through their purchasing power transforming them in to ‘effective demand’. Market is to respond and comply with this particular demand. The fact that...

Broken system, broken safety

2024-03-31 00:00:00

Amidst the charred remains of yet another tragic fire incident, Bangladesh finds itself engulfed in a relentless battle against escalating infernos. On Sunday, at 3:30 am, a fire broke out at Puratan Bazar, also known as Kacha Bazar, beside Gausia...

Ensuring safe water for all--

2024-03-31 00:00:00

Water is a fundamental element for human survival. However, many people around the world still do not get adequate supply of water. The United Nations Sustainable Development Goal number six aims to ensure safe water and sanitation for all by...

Plight of the urban poor

Atiqul Kabir Tuhin | 2024-03-31 00:00:00

Certain statistics are disconcerting, especially those that portray a grim picture of the country's socio-economic reality. Urban poverty in Bangladesh has increased significantly over the last five years due to the rising cost of basic needs. A study jointly conducted...

Optimising Zakat mobilisation

Asjadul Kibria | 2024-03-31 00:00:00

Being one of the five pillars of Islam, it is critical to mobilise Zakat properly so that the ultimate objective of obligatory charity can be achieved. And the objective is to reduce poverty in society by a balanced distribution of...

Bangladesh needs cheap funds to meet environmental challenges

2024-03-31 00:00:00

The finding of World Bank's latest 'Bangladesh Country Environment Analysis' that the country is losing 17.6 per cent of its GDP (in 2019) due to environmental causes is truly shocking. The loss is equivalent to the gains the economy makes...