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Thaksin to be freed today

2024-02-18 00:00:00

BANGKOK, Feb 17 (AFP): Jailed former Thai premier Thaksin Shinawatra will be freed on Sunday, the kingdom's prime minister has said, just six months after returning from 15 years of self-imposed exile.The controversial billionaire, twice elected premier and ousted in...

Texas to build military base on Mexico border

2024-02-18 00:00:00

HOUSTON, Feb 17 (AFP): Texas plans to construct a military base along the border with Mexico, the state's Republican governor announced Friday, as his election-year tug-of-war with the White House over migration continues to broil.A wave of illegal border crossings...

Iran unveils new air defence weaponry

2024-02-18 00:00:00

TEHRAN, Feb 17 (Reuters): Iran unveiled new weaponry on Saturday including what it said was the locally made Arman anti-ballistic missile system and the Azarakhsh low-altitude air defence system, the official IRNA news agency reported.The announcement came amid heightened tensions...

Judge orders Trump to pay $355m

2024-02-18 00:00:00

NEW YORK, Feb 17 (AP): A New York judge ordered Donald Trump on Friday to pay $355 million in penalties, finding that the former president lied about his wealth for years in a sweeping civil fraud verdict that pierces his...

France to recognise Palestinian state

2024-02-18 00:00:00

PARIS, Feb 17 (Reuters/AP): The recognition of a Palestinian state is no longer a taboo for France, President Emmanuel Macron said on Friday, suggesting Paris could make the decision if efforts for a two-state solution stalled because of Israeli opposition.A...

How social are we on social media?

2024-02-18 00:00:00

The world is at our fingertips, leading to a significant shift in the social sphere. Internet-based communication platforms such as Facebook, Twitter, Instagram, WhatsApp, and YouTube have become integral parts of our lives. People are increasingly reliant on these sites...

Scourge of session jam continues

2024-02-18 00:00:00

In our government-run universities (both public universities and colleges under national university), the issue of session jam is widespread. Timely announcements of results and regular examinations are crucial, and the university authorities and the teachers are duty-bound to do that....

Stop poison fishing and save Sundarbans

Atiqul Kabir Tuhin | 2024-02-18 00:00:00

IN observing the annual Sundarbans Day on February 14 speakers at a seminar in Dhaka highlighted the critical need of stopping the destructive poison fishing to save flora and fauna of the world's largest mangrove forest. The biodiversity of Sundarbans...

WTO's 13th ministerial: Any good news for LDCs?

Asjadul Kibria | 2024-02-18 00:00:00

As the 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) is set to start next week in Abu Dhabi, United Arab Emirates (UAE), Least Developed Countries (LDCs) are struggling hard to secure their trade benefits in the multilateral...

Consumer products poisoning people

2024-02-18 00:00:00

Sadly, bad news never seems to leave consumers alone in this country. The recent report of a study done by the 'Environment al and Social Development Organisation (ESDO) in collaboration with the Wonjin Institute for Occupational and Environmental Health (WIOEH)...

India resumes buying Russian Sokol oil after 2-month hiatus

2024-02-18 00:00:00

NEW DELHI, Feb 17 (Reuters): India has resumed imports of Russian Sokol oil after a two-month gap with at least two refiners so far taking deliveries of the light sweet crude in February, four trade sources said and ship tracking...

China to show off homegrown airliner at Singapore air show amid supply crunch

2024-02-18 00:00:00

SINGAPORE, Feb 17 (Reuters): Singapore will play host to Asia's biggest air show next week for the first time since the end of COVID border restrictions, with regional travel rebounding and the military side of the show bristling with defensive...

Soy futures rebound as corn sets new three-year low

2024-02-18 00:00:00

CHICAGO, Feb 17 (Reuters): Chicago Board of Trade soybean futures jumped on Friday on short covering before a long weekend, a day after slumping to a three-year low, analysts said.Corn futures set a three-year low for the third consecutive session...

Oil records weekly gain on Middle East tensions

2024-02-18 00:00:00

NEW YORK, Feb 17 (Reuters): Oil prices settled higher on Friday as geopolitical tensions in the Middle East more than offset a forecast from the International Energy Agency for slowing demand.Brent crude futures settled up 61 cents, or 0.74 per...

Profit-booking drags DSEX lower

FE REPORT | 2024-02-17 12:00:00

The benchmark equity index retreated into the negative territory in the week to Thursday, snapping a two-week winning streak, as investors rushed to book profit on quick-gaining stocks. Market operators said the risk-averse investors opted to realise their gains as...

US dollar dominance not under threat, despite risks: Fed official

2024-02-17 00:00:00

WASHINGTON, Feb 16 (AFP) : The status of the US dollar as the world's reserve currency is likely to continue, despite threats posed by China's rise and the growth of cryptocurrencies, a US Federal Reserve official said Thursday.The dollar continues...

DU Economics Study Centre holds 3rd panel discussion

DU CORRESPONDENT | 2024-02-17 00:00:00

The Economics Study Centre (ESC) of Dhaka University held its 3rd panel discussion on "Global Accelerator for Jobs and Social Protection for a Just Transition-A Bangladesh Context" at the 5th Bangladesh Economics Summit 2024 at DU on Friday. Among the...

Two new scanners to be installed at Ctg port today

OUR CORRESPONDENT | 2024-02-17 00:00:00

CHITTAGONG, Feb 16: Two fixed container scanners are set to be installed and inaugurated at the Chittagong Port tomorrow (Saturday). State Minister for Shipping Khalid Mahmud Chowdhury will formally inaugurate these newly imported container scanners.The National Board of Revenue (NBR)...

By aligning standards, Dhaka, Delhi seek to break trade barriers

REZAUL KARIM | 2024-02-17 00:00:00

Dhaka and New Delhi are nearing the harmonisation-of-product standards to remove major non-tariff barriers between Bangladesh and India, sources say.As part of this, neighbouring India sent a concept note, which Bangladesh is currently reviewing. The note expresses concern that "if...

PM attends Munich Security Conference in Germany

2024-02-17 00:00:00

MUNICH, Feb 16 (Agencies): Prime Minister Sheikh Hasina on Friday joined the Munich Security Conference in Germany.She attended the opening session of the three-day conference at the Conference Hall of the Hotel Bayerischer Hof here in the afternoon.The conference will...

7 die as bus crushes autorickshaw in Mymensingh

2024-02-17 00:00:00

At least seven people, including three family members, have died after a head-on collision between a bus and an autorickshaw in Mymensingh. They were all passengers on the autorickshaw, reports bdnews24.com.The accident occurred in Mymensingh Sadar Upazila's Alalpur area at...

Two steps down the democracy rankings

FE REPORT | 2024-02-17 00:00:00

Bangladesh slips two notches down democracy ladder to 75th rank and is classified by the Economist as a "hybrid regime" among countries in the world.The Economist Intelligence Unit published the Democracy Index 2023 where Bangladesh sees its score at a...

Price surge still unbridled ahead of Ramadan

FE REPORT | 2024-02-17 00:00:00

Prices of the key essential commodities still keep surging unabatedly long before the fasting month of Ramadan despite some pragmatic approaches taken by government agencies. Beef, broiler chicken, eggs, cultured ruhi, onion, sugar, chickpea, coarse and medium lentils, coarse and...

Briefing 2024-02-17

2024-02-17 00:00:00

Prayer Timings (2024-02-17)

2024-02-17 00:00:00

A fisherman casts his net into the polluted waters of the Shitalakshya River

2024-02-17 00:00:00

A fisherman casts his net into the polluted waters of the Shitalakshya River near Dhaka. River pollution is forcing many fishermen to abandon their traditional livelihoods and seek alternative work. — FE Photo by KAZ Sumon

Govt moves to build airport near Kuakata beach

GULAM RABBANI | 2024-02-17 00:00:00

The Civil Aviation Authority of Bangladesh (CAAB) has begun initial work on building a new airport at Kuakata, one of the country's most scenic tourist destinations, to improve access for visitors and facilitate commercial activities around the Payra Seaport.A five-member...

Turkish Coca-Cola Içecek buys BD firm for $130m

FE REPORT | 2024-02-17 00:00:00

Turkish beverage company Coca-Cola Içecek is set to fully acquire Coca-Cola Bangladesh Beverages Limited for $130 million.As per an agreement, Coca-Cola Içecek will acquire 100 per cent of Coca-Cola Bangladesh Beverages Limited shares, Coca-Cola Içecek announced on its website on...

Respite from crunch comes with banks' forex repletion

JUBAIR HASAN | 2024-02-17 00:00:00

A much-needed respite to the economy from forex crunch is being felt with banks' stock of foreign currencies or net open position (NOP) improving, bankers say.As the holding of foreign exchange continues rising significantly in recent days, Bangladesh Bank (BB)...

Grameen Bank bins Dr Yunus' claims

FE REPORT | 2024-02-17 00:00:00

Grameen Bank has denied outright a slew of allegations made by Nobel laureate Prof Dr Muhammad Yunus, terming his statements misleading, false, illegal and deliberate.The bank issued a comprehensive media statement signed by its media cell head, Anju Ara Begum,...