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Standards harmonisation imperative for greener garment industry

ASJADUL KIBRIA, FROM GENEVA | 2023-09-15 00:00:00

As fashion giants are imposing varied standards and requirements for clothing manufacturers and exporters in the developing countries, including Bangladesh, it impedes making factories environment-friendly and sustainable in transition process.In this connection, trade experts argue that there should be some...

PM to highlight Rohingya, dev issues at UNGA on Sept 22

FE REPORT | 2023-09-15 00:00:00

Prime Minister Sheikh Hasina will highlight the issues like the Rohingya crisis, climate change and inclusive economic development achieved by the government in her speech at the upcoming United Nations General Assembly (UNGA), Foreign Minister Dr AK Abdul Momen said...

Fire at Krishi Market in city guts 500 shops

FE REPORT | 2023-09-15 00:00:00

At least 500 shops were gutted in a devastating fire in the capital's Mohammadpur Krishi Market on Thursday.The fire incident happened at around 3:43 am on Thursday. Upon hearing the news, 17 fire-fighting units along with the members of army,...

High egg, potato, onion prices pegged down

FE REPORT | 2023-09-15 00:00:00

High egg, potato and onion prices have been pegged down while pricey edible oil and sugar retail rates cut by latest government orders as people pay through their nose amid market waywardness. The Ministry of Commerce (MoC) issued Thursday the...

Revenue authority frequently mends legal loopholes

DOULOT AKTER MALA | 2023-09-15 00:00:00

Concerns from both ends over implementation of a new income-tax law prompt government's revenue authority to make frequent changes to its incongruous provisions, like taxing private provident fund at corporate-tax rate.In another instance of what is now deemed as a...

Weather (2023-09-15)

2023-09-15 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the Met Office.Night temperature...

Jamalpur DC transferred after making political statement

2023-09-15 00:00:00

The government has transferred the deputy commissioner (DC) of Jamalpur, Md Imran Ahmed, to the Ministry of Expatriates' Welfare and Overseas Employment. A notification issued by the public administration ministry on Thursday said Imran Ahmed was made the deputy secretary...

Cases filed under DSA will continue, law minister tells JS

2023-09-15 00:00:00

Law Minister Anisul Huq on Thursday said that there is no scope for cancelling the cases filed under the Digital Security Act (DSA). The law minister came up with the statement while replying to a tabled question from Ganoforum MP...

Professor Haseena Khan paying tributes to Father of the Nation

2023-09-15 00:00:00

Newly-appointed University Grants Commission of Bangladesh member Professor Haseena Khan paying tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman after placing wreath at his portrait in front of Bangabandhu Memorial Museum at Dhanmondi-32 in the city on Thursday

Unscrupulous businessmen occupying illegally both sides of in city's Vashantek main road

2023-09-15 00:00:00

A section of unscrupulous businessmen occupying illegally both sides of the in city's Vashantek main road running their business. The actual width of the street gets narrowed, creating undue congestion and making the movement of pedestrians and vehicles difficult. The...

Court directs Gulf Air copilot to face PBI interrogation

FE REPORT | 2023-09-15 00:00:00

A Dhaka court has directed the Gulf Air authorities to bring copilot Khalil Abdul Razak before the Police Bureau of Investigation (PBI) for questioning in a case over the death of the airline's pilot Mohannad Yousef Hassan Al Hindi. Judge...

8th B’desh Int'l Cancer Congress starts in city

FE REPORT | 2023-09-15 00:00:00

The 8th Bangladesh International Cancer Congress began in the city on Thursday - to share the progress made worldwide in cancer treatment.Oncology Club, the Bangladesh Chapter of the SAARC Federation of Oncologists (SFO), is hosting the two-day conference, where leading...

Nobel laureates not angels: FM

FE REPORT | 2023-09-15 00:00:00

Foreign Minister (FM) Dr Abdul Momen on Thursday said being a Nobel Laureate does not mean that he or she is an angel.The FM also said he knows some Nobel laureates, who were punished for their involvement in criminal activities...

European Parliament concerned over human rights situation in BD

FE REPORT | 2023-09-15 00:00:00

The European Parliament has expressed concern about the human rights situation in Bangladesh, with seven groups, including centre-right, social democrats and leftists, jointly proposing a resolution. During the parliamentary session debate in Strasbourg, France, on Wednesday night, six members participated....

Next polls will be free, fair, hopes Raushan Ershad

2023-09-15 00:00:00

Opposition leader Raushan Ershad on Thursday said that they hope that the upcoming parliamentary elections will be held in a free, fair and festive atmosphere, reports UNB. "And Jatiya Party will participate in that election, Jatiya Party is taking full...

Kamal dismisses media report of ADC Sanjida's transfer

2023-09-15 00:00:00

Home Minister Asaduzzaman Khan on Thursday dismissed the media report about the possible transfer of ADC Sanjida Afrin to Rangpur saying it is just rumour, reports UNB."No, it's just rumour," the home minister said in response to a question regarding...

Govt plunders mosquito control fund

FE REPORT | 2023-09-15 00:00:00

BNP standing committee member Mirza Abbas on Thursday said the government did not take any effective steps to control mosquitoes but looted public money meant for the purpose."No effective initiatives are in place to combat mosquitoes. When I was the...

World will know about Bangabandhu through his biopic, says Hasan

2023-09-15 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud on Thursday said Bangabandhu's indomitable struggle and sacrifices for the nation is portrayed in his biopic, 'Mujib - The Making of a Nation', as its premiere show was screened in Canada, reports BSS."Through...

Judiciary system under govt control, alleges Fakhrul

2023-09-15 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday alleged that the current judiciary system is entirely under control of the government, reports UNB."We just want to say this, there is no democracy in Bangladesh, the judicial system that exists...

German carmakers lead fall in Europe auto stocks amid China EV probe dispute

2023-09-15 00:00:00

MILAN, Sept 14 (Reuters): German car stocks, highly exposed to China, dragged down Europe's auto index on Thursday after the government in Beijing warned the European Commission that its probe into China's electric vehicle subsidies could hurt trade relations.By 0909...

SoftBank's Arm set to debut on Nasdaq after blockbuster IPO

2023-09-15 00:00:00

SoftBank's chip designer Arm Holdings is set to debut on the Nasdaq on Thursday, in what is expected to be the biggest test for the US IPO market after a drought that lasted for nearly 16 months, reports Reuters.Arm priced...

India's Nifty 50 closes at new record

2023-09-15 00:00:00

BENGALURU, Sept 14 (Reuters): India's Nifty 50 index closed at a fresh high on Thursday, led by gains in metals and real estate stocks, while inflows into small and mid-cap indexes continued.The Nifty 50 ended up 0.16 per cent at...

Sri Lanka bondholders talks focus on state enterprise debt, domestic banks

2023-09-15 00:00:00

LONDON, Sept 14 (Reuters): Talks between Sri Lanka and its international bondholders will seek common ground on how much of a hit should be incurred by domestic banks and holders of debt of the country's state-owned enterprises (SOEs), two sources...

Beijing blasts 'protectionist' EU probe as China EV stocks slip

2023-09-15 00:00:00

SHANGHAI/BEIJING Sept 14 (Reuters): Beijing on Thursday blasted the launch of a probe by the European Commission into China's electric vehicle (EV) subsidies as protectionist and warned it would damage economic and trade relations, as shares in Chinese EV makers...

Foreign investors sell Asian bonds in August amid rising US yields, analysts eye rebound

2023-09-15 00:00:00

Foreign investors sold Asian bonds in August due to a spike in US yields, but analysts see potential inflows to the region as the US Federal Reserve may be nearing the end of its monetary tightening, making yields in Asia...

China asks big banks to stagger and adjust dollar purchases, sources say

2023-09-15 00:00:00

SHANGHAI, Sept 14 (Reuters): China's central bank has asked some of the country's biggest lenders to refrain from immediately squaring their foreign exchange positions in the market, and to run open positions for a while in order to alleviate downside...

Some big US bond investors say Fed hikes have peaked despite sticky inflation

2023-09-15 00:00:00

NEW YORK, Sept 14 (Reuters): Some large US bond investors said on Wednesday they believe the Federal Reserve has reached a peak in its interest rate hiking campaign, despite inflation heating up in August on the back of surging energy...

Dubai Int’l Chamber opens office in Paris

2023-09-15 00:00:00

RIYADH, Sept 14 (Arab News): In an effort to boost trade and investment ties with France, the Dubai International Chamber has inaugurated a new representative office in Paris. The launch comes shortly after opening the chamber's new office in Italy,...

China cuts bank reserve ratio to support economy

2023-09-15 00:00:00

BEIJING, Sept 14 (AFP): China's central bank said Thursday it would cut a benchmark ratio for the amount of cash banks must hold in reserve to "consolidate the foundation" of the country's sputtering economic recovery.The world's second-largest economy has struggled...

Commonwealth investment forum to enhance economic cooperation

2023-09-15 00:00:00

The Commonwealth Trade and Investment Forum wrapped up in Dhaka with the promise of enhancing cross-border investment to flourish respective economies, reports UNB.There were nine sessions on investment, banking, technology, Cameroon's economy, pharmaceuticals and public health, SMEs, green finance, tourism...