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How US military scrambling to build floating dock for urgently needed aid to Gaza

2024-03-10 00:00:00

WASHINGTON, Mar 9 (AP): Even before President Joe Biden announced in his State of the Union address the plans for providing aid to Gaza by sea, the Army's 7th Transportation Brigade and other units were scrambling to pull equipment together.They...

Universal Medical College honours FE journalist, 11 other women

FE ONLINE DESK | 2024-03-10 00:00:00

Doulat Akter Mala, a special correspondent of The Financial Express, has been honoured by Universal Medical College and Hospital (UMCH) for her contribution to mass media. She is among 12 women UMCH recognised on Saturday for their contribution to various...

PM meets SB officials involved in publishing Secret Documents on Bangabandhu

2024-03-10 00:00:00

Prime Minister Sheikh Hasina on Saturday met the Special Branch (SB) officials who were involved in publishing "The Secret Documents of Intelligence Branch on Father of the Nation Bangabandhu Sheikh Mujibur Rahman" at her official Ganabhaban residence in the capital."The...

Israel strikes residential tower in Rafah as truce talks stall

2024-03-10 00:00:00

Israel struck one of the largest residential towers in Rafah in the southern Gaza Strip on Saturday, residents said, stepping up pressure on the last area of the enclave it has not yet invaded and where over a million displaced...

89pc turnout at BGMEA election

2024-03-10 00:00:00

The vote counting is underway after 89 per cent of the electorate cast their votes in the election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) for the term of 2024-26.Earlier, the polling took place at the BGMEA Building...

BR sets targets to increase fleets

FE REPORT | 2024-03-10 00:00:00

The Bangladesh Railway (BR) has set targets to increase fleets soon in both intercity and commuter services on Dhaka-Cox's Bazar, Dhaka-Narsingdi and Bhanga-Dhaka routes amid the challenge of a locomotive shortage.Commercial train services on Dhaka-Burimari route will start soon after...

Increase budget for women dev

FE REPORT | 2024-03-10 00:00:00

Women's rights defenders have urged the government to increase the budget allocation for development of women of all classes, including rural, underprivileged, tribal and landless ones.They also said investment is a very important issue for women and girls.Investments for rural,...

UAE wants to sign CEPA with BD

FE REPORT | 2024-03-10 00:00:00

The United Arab Emirates has expressed interest in signing the Comprehensive Economic Partnership Agreement (CEPA) with Bangladesh, a spokesperson for the foreign ministry said on Sunday.During the bilateral meeting with Bangladesh, Foreign Minister Dr Hasan Mahmud at his palace in...

Shuchona Cumilla city mayor, Titu leading in MCC polls

FE DESK | 2024-03-10 00:00:00

Tahseen Bahar Shuchona was elected mayor of Cumilla City Corporation (CCC) in mayoral by-polls unofficially on Saturday while Ekramul Hoque Titu was leading in the Mymensingh City Corporation (MCC) polls with a big margin.Farhad Hossain, returning officer, announced the unofficial...

High-powered bodies formed to search funds

FE REPORT | 2024-03-10 00:00:00

With Bangladesh's spending on climate change growing every year, the government has recently formed a high-powered coordination committee and four working groups to prepare strategy and procedures to garner an increased amount of funds from external and internal sources.The principal...

Prayer Timings (2024-03-10)

2024-03-10 00:00:00

A worn-out bus of Labbaik Paribahan photographed near Farmgate

2024-03-10 00:00:00

A worn-out bus of Labbaik Paribahan photographed near Farmgate in the city. The bus is plying the city roads before the very eyes of on-duty traffic policemen. — FE photo

BTMA seeks BB intervention for unfreezing millers' $47m

MONIRA MUNNI | 2024-03-10 00:00:00

Textile millers have sought the central bank's intervention to get payments against raw materials they supplied to apparel exporters under back-to-back letters of credit (LCs) opened by commercial banks.Bangladesh Textile Mills Association (BTMA) has said the banks are not making...

BD's apparel exports to US plunge 36pc in Jan '24

FE REPORT | 2024-03-10 00:00:00

Bangladesh's apparel exports to the United States plunged by more than 36 per cent in January 2024.Exporters said the ongoing sluggish economy, triggered by the twin crises of the Covid-19 pandemic and the Russia-Ukraine war, left retailers in the USA...

New national highway to connect entire southwest with east

FHM HUMAYAN KABIR | 2024-03-10 00:00:00

A plan awaits approval for converting regional highways into a six-lane national highway connecting the country's deprived southwestern zone with the eastern part passing by the capital, officials said on Saturday.Roads and Highways Department (RHD) has planned the longest-connectivity network....

India rice export rates hit record high

2024-03-10 00:00:00

India's rice export prices surged to a record high this week as traders sought clarity over how the export levy is calculated, while those in Thailand awaited fresh supplies to hit the market, reports Reuters.Top exporter India's 5 per cent...

SBI BANGLADESH OPERATIONS MARKS INT'L WOMEN'S DAY

2024-03-10 00:00:00

SBI (State Bank of India) Bangladesh Operations organised a Free Health Check-Up camp at Jamuna Future Park in Dhaka on Thursday on the occasion of the International Women's Day. The camp and medical tests were conducted by doctors of Medicine...

CITIZENS BANK PARTNERS WITH VISA

2024-03-10 00:00:00

Citizens Bank PLC has recently onboarded VISA branded International Card services (Debit, Credit and Prepaid) for its clients across the different segments at its head office on Thursday. Mohammad Masoom, Managing Director and CEO, Citizens Bank, and Ashish Chakraborty, Director,...

BIPF for using 'cartel' instead of 'syndicate'

FE REPORT | 2024-03-10 00:00:00

The Bangladesh Intellectual Property Forum (BIPF) on Saturday urged the government to bring necessary changes to the Competition Law aiming to boost both investment and employments.The BIPF also advocated for using the term "cartel" instead of "syndicate" when it comes...

Aviva Finance draws up 5-7 year roadmap to clear NPL

ISMAIL HOSSAIN | 2024-03-10 00:00:00

Aviva Finance Limited, formerly known as Reliance Finance Limited, has drawn up a 5-7 year roadmap to clear its non-performing loan (NPL) burden which is around 35 per cent of the total outstanding credit, said M Mostafiduzzaman, managing director and...

Westin, Sheraton come up with Ramadan offerings

FE REPORT | 2024-03-10 00:00:00

Two five-star hotels, the Westin Dhaka and Sheraton Dhaka, are set to offer a wide range of foods for Iftar and Sehri in the month of long Ramadan. The hospitality services, owned by Unique Hotel & Resorts PLC, will also...

China needs to do more to boost employment in property market

2024-03-10 00:00:00

BEIJING, Mar 09 (AFP): China needs to do more to boost employment and stabilise its property market, top officials acknowledged on Saturday, as policymakers struggle to revive the country's battered economy.Beijing is grappling with a prolonged property sector crisis, record...

India, Europe trade group to sign pact today

2024-03-10 00:00:00

NEW DELHI, Mar 09 (Reuters): India will sign an economic agreement (today) Sunday with a group of four European countries aimed at increasing trade and investment, two officials with knowledge of the talks said, capping nearly 16 years of negotiations.New...

India widens inquiry into public debt issue subscriptions, sources say

2024-03-10 00:00:00

MUMBAI, March 9 (Reuters): India's financial market regulator and its central bank are widening an investigation into how merchant banks manage retail subscriptions in public debt issues, two sources with direct knowledge of the matter told Reuters.The Securities and Exchange...

US Department of Justice's updated corporate enforcement approach emphasizes national security

2024-03-10 00:00:00

Policy updates the US Department of Justice (DOJ) has instituted regarding its approach to corporate enforcement have been widely discussed in recent legal and business news. Going back to October 2021, opens new tab, Deputy Attorney General (DAG) Lisa Monaco...

Microsoft warns Russian hackers still trying to break into its systems

2024-03-10 00:00:00

WASHINGTON, Mar 09 (Reuters): Microsoft said on Friday that hackers linked to Russia's foreign intelligence were trying again to break into its systems, using data stolen from corporate emails in January to gain new access to the tech giant whose...

ERL HOLDS ANNUAL GENERAL MEETING

2024-03-10 00:00:00

The 47th annual general meeting (AGM) of Eastern Refinery Ltd (ERL), a subsidiary of Bangladesh Petroleum Corporation (BPC), was held at its North Patenga office in Chattogram on Friday. ABM Azad, Chairman of ERL Board of Directors and the BPC,...

AGRANI BANK OPENS NEW BRANCH

2024-03-10 00:00:00

Agrani Bank PLC has opened a new branch, 'Harashpur Market Branch', at Madhabpur Upazila in Habiganj on Saturday. Managing Director and CEO of the bank Md Murshedul Kabir inaugurated the branch as the chief guest. The bank Sylhet Circle's General...

Intercontinental Dhaka recognised as top performer

2024-03-10 00:00:00

InterContinental Dhaka, the iconic and city's only luxury hotel, has been recognised as the 2023 Top Performer for creating efficiency in guest loyalty in the India, Middle East and Africa region at the recent IHG Impact Awards ceremony held in...

UNIVERSAL MEDICAL COLLEGE HOSPITAL HOLDS FREE HEALTH CAMP

2024-03-10 00:00:00

Universal Medical college Hospital organised a daylong free women health camp on Thursday, marking the International Women Day. The hospital's Chairman and FBCCI Director Priti Chakraborty inaugurated the camp by cutting a cake. About 300 women received treatment at the...