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Govt to include health dimension in national adaptation plan

FE REPORT | 2024-03-05 00:00:00

The government will incorporate the health dimension into its national adaptation plan (NAP) strategies to address climate-induced non-communicable diseases in the country, said Environment Minister Saber Hossain Chowdhury.For this to happen, the nexus between health and climate change is essential,...

Tigers lose in nail biting first T20 to Lanka

2024-03-05 00:00:00

Sri Lanka beat Bangladesh by three in a nail-biting finish in the first Twenty20 international at Sylhet International Cricket Stadium in Sylhet on Monday, report agencies.Debutant Jaker Ali Anik, a young guy who demonstrated a strong performance in the recently...

HC orders demolishing 922 illegal brick kilns in Barishal, Rangpur divisions

FE REPORT | 2024-03-05 00:00:00

The High Court ordered on Monday the demolition of 922 illegal brick kilns in Barishal and Rangpur divisions within four weeks. The Divisional Commissioners of the two divisions have been instructed to comply with the order and to also take...

Govt to sell rice, meat, eggs at low, fair prices

2024-03-05 00:00:00

In two separate efforts, the government will begin selling rice to 5 million families at a very low price, and beef, mutton, chickens, and eggs to the general public at affordable prices at 30 locations in the city, report agencies.Starting...

No scope for price hike in Ramadan, says Titu

2024-03-05 00:00:00

There is no room for increasing prices of any products during the month of Ramadan as there is an abundance of supply," said State Minister for Commerce Ahsanul Islam Titu on Monday, according to reports from agencies."Directives have been issued...

Economy facing major challenges, yet Q2 shows signs of improvement

FE REPORT | 2024-03-05 00:00:00

Country's economy is facing significant challenges as reflected in the majority of key indicators mainly due to the prevailing global and internal adversities, according to a leading local business chamber."As many as six out of nine key economic indicators, prepared...

S Alam sugar mill in Ctg catches fire

2024-03-05 00:00:00

A fire erupted at a sugar mill of conglomerate S Alam Group in the Moizzartek area of Chattogram, reports bdnews24.com.Fire Service and Civil Defence personnel were working to douse the fire after it broke out around 4pm on Monday, said...

FCBs' female workforce highest at 24.18pc

SAJIBUR RAHMAN | 2024-03-05 00:00:00

The numbers of female officers and employees at the foreign commercial banks remained higher than in the country's other types of banks in the July-December period of 2023.The female workforce in the foreign commercial banks (FCBs) stood highest at 24.18...

Smart tech for BGB to protect frontiers

2024-03-05 00:00:00

Prime Minister Sheikh Hasina said on Monday that the government has been providing the Border Guard Bangladesh (BGB) with state-of-the-art technology to ensure foolproof security at the frontiers and combat transnational crimes, report agencies."Smart digital surveillance and technical response systems...

Briefing 2024-03-05

2024-03-05 00:00:00

Prayer Timings (2024-03-05)

2024-03-05 00:00:00

How inflation can now be main concern?

FE REPORT | 2024-03-05 00:00:00

Inflation cannot be the main concern now when 10 million people are given foodstuff at cheap rates, says Finance Minister Abul Hassan Mahmood Ali as price rises widely grab talk time. "Only inflation has become concern? Not anything else? How...

Fund team straight starts training taxmen

FE REPORT | 2024-03-05 00:00:00

An International Monetary Fund (IMF) team starts providing technical support to taxmen from today (Tuesday) to help develop their capacity on tax-expenditure analysis to measure the forgone domestic revenues through various incentives to businesses.A team of the IMF will hold...

Agencies seal 23 restaurants after deadly fire

FE REPORT | 2024-03-05 00:00:00

Government agencies concerned have launched crackdown on non-compliant buildings and restaurants, following the tragic fire at Green Cozy Cottage on Bailey Road in Dhaka.On Monday, the Dhaka South City Corporation (DSCC) sealed off a multi-storied 'Keari Crescent Plaza' at Jigatola...

Bank owners agree, yet air worry

FE REPORT | 2024-03-05 00:00:00

Key shareholders of commercial banks agree in principle on proposed mergers and acquisitions for bail-in of weak banks under government's decisive financial-sector reform recipe, but on a note of concern.The latest developments on Bangladesh's banking front came when the owners...

EFG Hermes sees Gulf IPO frenzy from private sector in 2024

2024-03-05 00:00:00

DUBAI, March 4 (Reuters): Emerging market-focused investment bank EFG Hermes, opens new tab is "very bullish" on Gulf markets this year, expecting more, smaller initial public offerings (IPOs) from the region from a year earlier, Mostafa Gad said on Monday.Smaller...

India cenbank expects to launch interoperable payment system for internet banking in 2024

2024-03-05 00:00:00

MUMBAI, March 4 (Reuters): India's central bank expects to launch interoperability of digital payment systems for internet banking in 2024 to enable faster fund settlements for merchants, Governor Shaktikanta Das said on Monday."... we have given approval for implementing such...

Tesla in talks with Thailand for production facility

2024-03-05 00:00:00

BANGKOK, Mar 04 (Reuters): Electric vehicle (EV) maker Tesla is in talks with Thailand's government for a potential production facility in the country having conducted a site survey late last year, an official from the prime minister's office said on...

Alibaba team discusses collaboration with BGMEA

2024-03-05 00:00:00

A delegation from Alibaba, a global retail and e-commerce giant, paid a visit to Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), at the BGMEA Complex in the city on Monday, reports BSS.The Alibaba delegation comprised...

Japan govt considers calling end to deflation

2024-03-05 00:00:00

TOKYO, Mar 04 (Reuters): Japan is considering calling an end to deflation in the wake of rising prices, Kyodo news reported, a move that would turn a new page for the world's fourth-largest economy after decades of economic stagnation scarred...

Managers explore dollar shift to handle faster US stock settlement

2024-03-05 00:00:00

NEW YORK, March 4 (Reuters): Some investment managers are looking to change the currency their funds do business in to the dollar to prevent their foreign exchange transactions from failing when US securities move to a shorter settlement cycle this...

Asian stocks rise on US gains ahead of key China policy meeting

2024-03-05 00:00:00

HONG KONG, March 4 (AFP): Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing's annual growth target and other key policies will be announced.Japan's benchmark Nikkei 225 index surpassed the 40,000 mark...

WALTON AC SERVICE PARTNER CONFERENCE HELD

2024-03-05 00:00:00

A daylong 'AC Service Partner Conference-2024' of the electronics giant Walton was held at the headquarters of Walton Hi-Tech Industries PLC at Chandra in Gazipur on Sunday. At the conference, life insurance policy was declared for the AC service experts...

BKB HOLDS MEETING WITH STAKEHOLDERS

2024-03-05 00:00:00

Bangladesh Krishi Bank (BKB) conducted a meeting with its stakeholders as a part of National Integrity Strategic Plan 2023-24 in Cox's Bazar on Sunday. Md Azimuddin Biswas, Additional Secretary of Financial Institutions Division, Ministry of Finance, was present as the...

Modhumoti Bank holds 76th board meeting

2024-03-05 00:00:00

The 76th meeting of the board of directors of Modhumoti Bank was held virtually on Saturday. Humayun Kabir, chairman of the board, Shaikh Salahuddin, MP, vice-chairman, Barrister Sheikh Fazle Noor Taposh, chairman of executive committee, members Mohammad Ismail Hossain, Salahuddin...

Mercantile Bank donates fertiliser in Noakhali

2024-03-05 00:00:00

Mercantile Bank distributed fertiliser among marginal farmers in Noakhali's Nateshwar on Sunday from the special CSR fund of the bank. Morshed Alam, chairman of the bank and Member of Parliament in Noakhali-2, handed over the fertilisers to the farmers as...

Amari Dhaka comes up with Ramadan offerings

2024-03-05 00:00:00

Amari Dhaka is going to offer a range of culinary delights prepared by chefs from various countries during this Ramadan. The iftar buffet includes Arabian, Moroccan, and Indian kebabs, available for dine-in or takeaway, says a statement. Buffet iftar and...

South Asia Insurance Company brought out a colorful rally

2024-03-05 00:00:00

South Asia Insurance Company Limited brought out a colorful rally in front of the head office of the company at Shantinagar Bazar area in the city recently on the occasion of National Insurance Day-2024.

LafargeHolcim launches ‘Holcim Block’

2024-03-05 00:00:00

LafargeHolcim Bangladesh Limited (LHBL) has launched 'Holcim Block' at a hotel in the capital, says a statement. Md Ashraful Islam, Director General of Housing and Building Research Institute (HBRI), was present as the chief guest while Mohammad Abu Sadek, Executive...

Ex-Norwegian minister lauds progress of BD’s ship recycling industry

2024-03-05 00:00:00

Former climate and environment minister of Norway Erik Solheim visited the Kabir Steel Ship Recycling facilities in Sonaichhari area of Sitakunda in Chattogram on Sunday, says a press release.During his visit, he praised the remarkable progress of Bangladesh's ship recycling...