FE REPORT | 2024-03-04 00:00:00
Bangladesh Nationalist Party (BNP) Senior Joint Secretary General Ruhul Kabir Rizvi said on Sunday that the country's power sector has plunged into a deep crisis.Addressing a press briefing at the party's Nayapaltan central office in the city, Mr Rizvi also...
Foreign Minister Dr Hasan Mahmud has called for raising united global voices to stop Israel from committing genocide and ethnic cleansing in Gaza, reports BSS. "What's happening in Gaza is simply crime against humanity. Not only crimes against humanity, ethnic...
WASHINGTON, March 3 (AFP): A fertilizer-laden cargo ship, which sank in the Gulf of Aden after it was damaged by missiles from Yemen's Huthi rebels, poses an environmental risk, the US military warned Saturday.The Huthis claimed the February 18 attack...
FE REPORT | 2024-03-04 00:00:00
Newly appointed State Minister for Finance Waseqa Ayesha Khan on Sunday vowed to work towards checking corruption in the country. "…I will work towards building a corruption-free economic system," she said. She said she would play an important role in...
NAZIMUDDIN SHYAMOL | 2024-03-04 00:00:00
CHATTOGRAM, Mar 03: At last, the Bangladesh Railway (BR) is going to build a two-tier road-cum-rail bridge over the Karnaphuli River in place of an old and dilapidated bridge at Kalurghat in the port city.The BR authorities have already sent...
FE REPORT | 2024-03-04 00:00:00
Women inclusion in the renewable energy can play a significant role in empowerment of both rural and urban women ensuring employment and entrepreneurship creation through skills and training.Highlighting the issue during a workshop on women empowerment and energy, keynote speaker...
Large LPG cylinders are stored among tables and chairs in a cramped restaurant in Dhaka's Malibagh area, as customers are served meals. Forty-six people died in a recent fire at a building on Bailey Road that housed several restaurants. This...
The price of liquefied petroleum gas (LPG) has been adjusted upwards by Tk 0.66, setting the new rate at Tk 123.52 per kg, up from the previous Tk 122.86, reports UNB. This price change is effective from 6 pm on...
FE REPORT | 2024-03-04 00:00:00
Bangladesh has the potential to raise its non-cotton apparel exports to $42 billion by 2032, from the current $15.6 billion, provided it establishes a fully integrated value chain, according to a recent study.To develop the value chain, the country needs...
FE REPORT | 2024-03-04 00:00:00
Nobel laureate Prof. Dr. Muhammad Yunus, also the chairman of Grameen Telecom, and some other officials of the organization have secured bail in two cases after surrendering in two different courts in the city.Acting Chairman of the Labour Appellate Tribunal...
FE REPORT | 2024-03-04 00:00:00
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has hinted at a possibility of downward adjustment of fuel-oil prices in the domestic market this week."Fuel-oil prices are set to be lower to some extent as the proposed automated...
ISLAMABAD, Mar 03 (AP): Lawmakers in Pakistan's National Assembly elected Sunday Shehbaz Sharif as the country's new prime minister for the second time.Allies of imprisoned former premier Imran Khan in parliament shouted in protest against his appointment, alleging rigging in...
YASIR WARDAD | 2024-03-04 00:00:00
Consumers' spending on sugar, date, pulses, potato, and onion would be 20.0- 225-percent higher this Ramadan compared to that of last year.Rice prices have also risen by 5.0-6.0 per cent, intensifying owes of the commoners.Prices of red meat, chicken, eggs,...
Finance Minister Abul Hassan Mahmood Ali on Sunday said that the prices of goods in the market are declining and would decline further. "Some 50,000 tonnes of onion is coming from India. Once such consignments of onion arrive, the prices...
FE REPORT | 2024-03-04 00:00:00
The Bangladesh Bank (BB) has constituted a four-member committee to evaluate qualifications of managing directors (MDs) and chief executive officers (CEOs) in banks before their appointment and re-appointment.Issuing a circular on Sunday, the BB stated that the deputy governor tasked...
Concrete pipes lie by the roadside in old Dhaka's Nayabazar area, where ongoing sewerage work is causing traffic congestion. The situation is worsened by the detour of long-distance buses and heavy vehicles via the Babubazar Bridge-Gulistan route due to repairs...
DOULOT AKTER MALA | 2024-03-04 00:00:00
An International Monetary Fund (IMF) mission begins reappraisal of Bangladesh's tax-expenditure status on direct taxes, tax incentives to businesses and compliance issues through consultation with the revenue authority.In a series of meetings scheduled for March 4-15, geared towards necessary reforms,...
FE REPORT | 2024-03-04 00:00:00
Bangladesh ought to jumpstart policy reforms to overcome macroeconomic crisis, says a leading economist, as he finds "unprecedented and inconsistent" economic-crisis indicators here.Presenting his views Sunday on the latest state of the country's economy, Dr Zahid Hussain especially focused on...
Prime Minister Sheikh Hasina on Sunday asked all concerned, particularly the field-level administration, to ensure maintaining building codes and actions against food stockpiling across the country, reports BSS."All have to keep an eye on pursuing building codes properly. The codes...
JUBAIR HASAN | 2024-03-04 00:00:00
Remittance rebound fetched US$2.16 billion in February-the highest monthly receipt this fiscal-while Bangladesh strives to buttress its depleting forex reserves with foreign borrowings and import curbs. Official data showed Sunday the February count of remittances grew by around 40 per...
LONDON, (Reuters): Investors poured the most cash into technology stocks since August in the week to Wednesday and doubled the amount they put into cryptocurrencies, according to a report on Friday from Bank of America Global Research.Inflows into tech stocks,...
LONDON, (Reuters): Invesco, opens new tab on Friday became the fifth major US investor to exit or scale back their involvement with the Climate Action 100+ coalition of investors, which aims to push highly polluting companies to cut their carbon...
NEW YORK, March (Reuters): Money managers are scrambling to cash in on the stock market's interest in artificial intelligence, as a stunning rally by Nvidia, opens new tab sparks a search for other companies that are capitalizing on the technology.Shares...
NEW YORK, (Reuters): As fervor for artificial intelligence sweeps Wall Street, some investors are seeking bargains in more conventional areas of the stock market.Value stocks, typically defined as companies trading at a discount on metrics such as book value or...
GENEVA, Mar 03 (AFP): A record jackpot of 64.59 million Swiss francs ($73 .09 million) was won Saturday in Switzerland by a lucky single ticket-holder, Swiss Lotto said in a statement.The winning ticket was held by a person in the...
DUBAI, Mar 03 (Arab News): Saudi Arabia offers an "extraordinary opportunity" for Irish firms looking to invest in everything from technology to tourism, according to Ireland's minister for enterprise, trade and employment.Appearing on the Arab News current-affairs show "Frankly Speaking,"...
LONDON, Mar 03 (AFP): British finance minister Jeremy Hunt on Sunday talked down the likelihood of tax cuts in this week's budget, pledging "prudent and responsible" measures "for long term growth".The Chancellor of the Exchequer had been widely expected to...
The 24th Annual Conference of Crystal Insurance Company Limited was held at a city hotel recently. Chairman of the company Abdullah Al-Mahmud (Mahin) inaugurated the conference as the chief guest while Chief Executive Officer (C.C) SM Shahidullah presided over the...
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