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Prayer Timings (2023-09-11)

2023-09-11 00:00:00

BD opts to export electricity to Nepal in winter

FE REPORT | 2023-09-11 00:00:00

A country with hugely surplus installed capacity but compelled to import power to meet summer demand for insufficient generation, Bangladesh now opts for exporting electricity to Nepal in low-demand winter.The advance planning on power usage in the cold weather --...

Saudi crown prince for bolstering BD-KSA ties

FE REPORT | 2023-09-11 00:00:00

Saudi Crown Prince and Prime Minister Mohammad Bin Salman said that Bangladesh and the Kingdom of Saudi Arabia (KSA) would work together to boost cooperation in all possible areas and assured the Bangladesh Prime Minister of his full support in...

Reverse flow taking e-commerce startups to overseas business havens

DOULOT AKTER MALA | 2023-09-11 00:00:00

Opening up scope for foreign companies to make investment on their own in e-commerce business in Bangladesh failed to make headway and left the country lamenting missed chances of hitting a jackpot of billions of dollars in global sales.Three years...

Macron arrives, meeting with Hasina today

2023-09-11 00:00:00

Emmanuel Macron, the first French president to visit Bangladesh in 33 years, was on Sunday accorded a red carpet reception on his arrival here on a two-day trip.Prime Minister Sheikh Hasina received President Macron at Hazrat Shahjalal International Airport on...

Food inflation hits new high at 12.5pc

JASIM UDDIN HAROON | 2023-09-11 00:00:00

Food inflation hits a new high at 12.54 per cent by latest official count as price rises look unstoppable on the wayward Bangladesh market, even as global dearth eases. The August 2023 peak in the consumer price indices happens to...

Weather (2023-09-11)

2023-09-11 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today Monday, according to the Met Office.It also may occur...

Fresher tortured by IU students again

2023-09-11 00:00:00

A fresher of the Human Resource Management department of Islamic University (IU) in Kushtia on Sunday lodged a written complaint with the university administration seeking punishment of those involved in torturing him near Birshreshtha Hamidur Rahman Auditorium on the campus,...

29,630 tonnes of coal for Rampal power plant arrives

2023-09-11 00:00:00

KHULNA, Sep 10 (UNB): A ship carrying 29,630 tonnes of coal for the Rampal Thermal Power Plant has docked at Mongla port from Indonesia.A Panamanian cargo ship arrived here early today.The unloading of coal from the vessel has already started.This...

Overseas Employment and Migrants (amendment) Bill, 2023 placed in JS

2023-09-11 00:00:00

The Overseas Employment and Migrants (amendment) Bill, 2023 was placed in the Parliament on Sunday aiming to bring middlemen of international migration accountable, reports UNB.Expatriates' Welfare and Overseas Employment Minister Imran Ahmad placed the bill in the House and it...

Land Development Tax Bill 2023 passed in JS

2023-09-11 00:00:00

The Land Development Tax Bill 2023 was passed in Parliament on Sunday aiming to streamlining the land-related taxes, reports UNB.Land Minister Saifuzzaman Chowdhury moved the bill and it was passed by voice vote.As per the proposed Bill, If the total...

Withdraw statement on Dr Yunus

FE REPORT | 2023-09-11 00:00:00

The BSMMU Vice-Chancellor (VC) along with its 554 doctors and teachers called for withdrawing the global leaders' statement on Professor Dr Muhammad Yunus.Earlier, more than 160 global leaders and Nobel laureates urged Prime Minister Sheikh Hasina to suspend legal proceedings...

Traders manipulate potato prices, BCSA claims

YASIR WARDAD | 2023-09-11 00:00:00

Traders who stored potatoes in the cold storages are behind the price volatility in the markets, Bangladesh Cold Storage Association (BCSA) claimed Sunday, saying that they thought stock of the commodity was lower than demand. "Traders who raised prices think...

PM returns home -

2023-09-11 00:00:00

Prime Minister Sheikh Hasina on Sunday returned home after attending the G20 summit in New Delhi, reports UNB.She arrived by a Biman Bangladesh Airlines flight that landed at Hazrat Shahjalal International Airport at 3:38 pm.She and her entourage members departed...

AL asks nomination aspirants to collect forms

2023-09-11 00:00:00

Awami League has asked nomination aspirants to collect and submit forms to get the party ticket to contest the by-elections to Natore-4 constituency, reports BSS.Nomination forms can be collected and submitted from AL President Sheikh Hasina's Dhanmondi political office here...

ADC Harun transferred to APBn

2023-09-11 00:00:00

Police headquarters issued a new order transferring Additional Deputy Commissioner (Ramna Zone) of Dhaka Metropolitan Police (DMP) Harun Ar Rashid to Armed Police Battalion (APBn) from the DMP on Sunday, reports UNB.The new posting order was given several hours after...

BNP leader Aman lands in jail in graft case

2023-09-11 00:00:00

A Dhaka court on Sunday sent BNP leader Amanullah Aman to jail rejecting his bail petition in a case filed over acquiring wealth beyond known income source, reports UNB.Judge of Dhaka Special Judge Court-1 Abul Kashem passed the order after...

Biden's selfie won't save Awami League

2023-09-11 00:00:00

FE REPORTBangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir said on Sunday that the selfie with US President Joe Biden would not save the ruling Awami League (AL). He made the observation apparently in response to the joyous...

Biden's selfie with PM ruined BNP's sleep, says Quader

2023-09-11 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Sunday said BNP leaders could not sleep after seeing US President Joe Biden taking a selfie with Bangladesh Prime Minister Sheikh Hasina at the G-20 Summit in New Delhi, reports BSS."BNP's jumping...

Indian cables maker RR Kabel to raise $236m via IPO

2023-09-11 00:00:00

BENGALURU, Sept 10 (Reuters): Indian wires and cables maker RR Kabel has priced its initial public offering (IPO) between 983 rupees and 1,035 rupees, according to a newspaper advertisement on Friday, valuing the offering at around 19.64 billion rupees ($236.19...

SoftBank's Arm IPO six times oversubscribed, sources say

2023-09-11 00:00:00

NEW YORK, Sept 10 (Reuters): Arm Holdings Plc, the chip designer owned by SoftBank Group Corp (9984.T) that is seeking roughly $5 billion in its stock market debut, has seen investor demand that is six times the amount it is...

Europe stocks close slightly higher, snap longest losing streak since 2018

2023-09-11 00:00:00

European markets closed slightly higher Friday, following US stocks with tentative gains amid uncertainty over the inflationary outlook, according to CNBC. The basic resources sector fell 0.4 per cent as media stocks rose 1.1 per cent. The pan-European Stoxx 600...

US takes on Google in landmark antitrust trial

2023-09-11 00:00:00

WASHINGTON, Sept 10 (AFP): Google faces its biggest ever legal challenge in a Washington court on Tuesday, as it fends off accusations from the US government that it acted unlawfully to build its overwhelming dominance of online search.Over ten weeks...

Barclays hires JPMorgan's Oberle to oversee private equity relationships

2023-09-11 00:00:00

NEW YORK, Sept 10 (Reuters): Barclays hired Christian Oberle from JPMorgan Chase to oversee its relationships with private equity (PE)firms in the Americas region, Barclays confirmed on Friday.Oberle will join the British bank as the head of its financial sponsors...

Italian PM Meloni targets tight 2024 budget

2023-09-11 00:00:00

MILAN, Sept 10 (AFP): Italian Prime Minister Giorgia Meloni is tightening the budgetary screws to show that Rome can balance its books, even if it means delaying electoral promises.By the government's own admission, the room for manoeuvring is extremely limited...

53rd board meeting of BRDB held

2023-09-11 00:00:00

The 53rd board meeting of Bangladesh Rural Development Board (BRDB) was held at its conference room in the city on Sunday. BRDB Chairman and Minister for Local Government, Rural Development (LGRD) and Co-operatives Md Tazul Islam presided over the meeting....

LankaBangla organises Tree Plantation Programme

2023-09-11 00:00:00

LankaBangla Foundation in cooperation with Rajshahi City Corporation organised a tree-plantation programme at Nawdapara in Rajshahi city recently. Mayor of Rajshahi City Corporation A.H.M. Khairuzzaman (Liton) and Managing Director and CEO of LankaBangla Finance Khaja Shahriar inaugurated the programme. Under...

Union Bank distributes relief materials

2023-09-11 00:00:00

As a part of Corporate Social Responsibility (CSR), Union Bank Limited distributed household goods and relief materials among the poor and homeless people affected by the devastating flood in Chattogram division. Mayor of Dohazari Municipality Mohammad Lokman Hakim distributed the...

Potential US government shutdown could dent investor confidence

2023-09-11 00:00:00

NEW YORK, Sept 10 (Reuters): A potential US government shutdown at the end of September could add to worries about the economy going into year-end and beyond, investors said.Current funding for most government programs expires on Sept. 30. If lawmakers...

Women-focused banking initiative Prime Bank Neera and all-female travel platform Wander Woman signed agreement

2023-09-11 00:00:00

Women-focused banking initiative Prime Bank Neera and all-female travel platform Wander Woman signed an agreement at Prime Bank headquarters recently. Nazeem A. Choudhury, deputy managing director of Prime Bank, and Sabira Mehrin Saba, founder & CEO of Wander Woman, signed...