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MTB wins Global Climate Partnership Award

FE Desk | 2023-10-05 00:00:00

Mutual Trust Bank Ltd (MTB) has won this year's Global Climate Partnership Award, according to a statement. Chosen by external experts from 14 applications, the private commercial bank of Bangladesh stood out for its innovative approach to linking smallholder farmers...

World's biggest bond markets hit by relentless selling

2023-10-05 00:00:00

LONDON Oct 4 (Reuters): An unrelenting selloff in world government bonds drove US 30-year Treasury yields to 5 per cent for the first time since 2007 and German 10-year yields to 3 per cent on Wednesday in moves that could...

Apex Foods slumps on DSE despite 73pc profit growth in FY23

2023-10-05 00:00:00

FE REPORTApex Foods plunged 7.23 per cent year-on-year to Tk 382.20 on Wednesday, becoming the day's top loser on the Dhaka Stock Exchange (DSE), despite reporting a 73 per cent growth in profit for FY23.An export-oriented shrimp processor, it secured...

Himadri's price gap between DSE and CSE: A curious case of manipulation

Farhan Fardaus | 2023-10-05 00:00:00

Himadri on the Dhaka bourse was more than three times costlier than on the Chittagong bourse on Wednesday. That created an unusual window of opportunity for investors to make quick profits -- just by buying shares of Himadri at a...

'Smart Bangladesh Summit' begins on Oct 5

2023-10-05 00:00:00

President Mohammed Shahabuddin and Prime Minister Sheikh Hasina, in separate messages, on Wednesday greeted all stakeholders on the occasion of 'Smart Bangladesh Summit' that is going to be held within October 5-7 next in Dhaka, reports BSS.In his message, Mohammed...

Cap on Philippines' rice prices withdrawn

2023-10-05 00:00:00

MANILA, Oct 4 AFP: Philippine President Ferdinand Marcos lifted a price ceiling on rice Wednesday, weeks after capping the cost of the staple to support poor households.In early September, Marcos set the maximum retail price of regular milled rice at...

Tesco says profits surge as costs drop

2023-10-05 00:00:00

LONDON, Oct 4 AFP: Britain's largest retailer Tesco on Wednesday said half-year net profit soared on slashed costs, and forecast a further slowdown in food price inflation.Profit after tax soared to o929 million ($1.1 billion) in the six months to...

Bangladesh Institute of Bank Management (BIBM) congratulated Trust Bank Limited on being recognised as one of the top

2023-10-05 00:00:00

Bangladesh Institute of Bank Management (BIBM) congratulated Trust Bank Limited on being recognised as one of the top sustainable banks of 2022 by Bangladesh Bank. At a programme at the BIBM Auditorium in Dhaka recently, Ahsan Zaman Chowdhury, Deputy Managing...

Financing, tech and innovation needed ‘for just transition to greener economy’

2023-10-05 00:00:00

State Minister for Foreign Affairs Md Shahriar Alam on Wednesday described financing, technology, and innovation as significant tools for the just transition to a greener economy, reports UNB.He also highlighted that the government of Bangladesh has intensified its focus on...

Teachers and teaching profession in wider context

Quazi Faruque Ahmed | 2023-10-05 00:00:00

World Teachers' Day is being observed today, October 5 in Bangladesh and many countries in all the continents, with the theme 'The teachers we need for the education we want: The global imperative to reverse the teacher shortage'. The theme...

Adapting to changing workforce

2023-10-05 00:00:00

The workforce is changing rapidly, driven by technological advancements, globalisation and demographic shifts. According to a recent McKinsey study, up to 800 million jobs could be displaced by automation by 2030. Additionally, a World Economic Forum report found that a...

Taking mild quakes seriously

2023-10-05 00:00:00

Another mild quake jolted Bangladesh Monday last. The quake, measured at 5.2 magnitudes on the Richter scale, hit India's Assam and was felt in Dhaka and elsewhere in the country. Although no significant damage has been reported, experts have noted...

Making human haulers safe

Imam Hossain | 2023-10-05 00:00:00

Human hauler, locally known as leguna, is an accident-prone vehicle. Most of these modified utility vehicles are inherently flawed in terms of structural design. According to Bangladesh Road Transport Authority's engineering department, the bodies of these vehicles are made locally...

Roedad Khan and post-1971 Pakistan

Syed Badrul Ahsan | 2023-10-05 00:00:00

Roedad Khan was divisional commissioner of Quetta when I was in school in the capital of Balochistan in the 1960s. As an important civil servant in Pakistan's central government, he would rise higher and by the time 1971 came round,...

Earthquake: A grim warning!

2023-10-05 00:00:00

If expert opinion is any guide, the country is heading for a major earthquake devastation anytime. With several fault lines in and around the country and 34 minor tremors shaking its eastern parts including the capital city in the past...

Indo-Bangla to work together for cyber security: Palak

2023-10-05 00:00:00

State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak on Wednesday said Bangladesh and India will work together to ensure the cyber security of both the countries, reports BSS."Mutual cooperation has been helped us to eliminate militancy and...

Khaleda’s release issue 'Minister Huq gives political version of law'

FE REPORT | 2023-10-05 00:00:00

Law minister gave a political interpretation of the law regarding permission for BNP chairperson Khaleda Zia to go abroad for treatment, asserted her counsel barrister Kayser Kamal on Wednesday."It's a political interpretation as section 401(1) of the Code of Criminal...

If 1.0pc votes cast, that is legally valid: CEC

2023-10-05 00:00:00

Chief Election Commissioner (CEC) Kazi Habibul Awal on Wednesday said that the Election Commission would not be bothered about the legitimacy of the election, but it would be concerned over whether the process is legally correct, reports UNB. "If one...

Fakhrul slams Quader for comment on "US-India compromise"

2023-10-05 00:00:00

FE REPORTBangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir on Wednesday criticised his Awami League counterpart Obaidul Quader regarding a "compromise with the US and India" ahead of the polls."A compromise is done. America needs Delhi. As Delhi...

BD will also impose sanctions: FM

FE REPORT | 2023-10-05 00:00:00

Bangladesh will also impose sanctions against those who will impose sanctions against the country, Foreign Minister Dr AK Abdul Momen has said.The foreign ministry will take preparations in this regard in due time, he told journalists at the ministry on...

Quader castigates Fakhrul for presenting distorted info

2023-10-05 00:00:00

Awami League General Secretary Obaidul Quader on Wednesday strongly condemned and protested BNP Secretary General Mirza Fakhrul Islam Alamgir's remarks over the country's existing law and judicial process, reports BSS."BNP secretary general Mirza Fakhrul Islam Alamgir presented false and distorted...

Afif helps Bangladesh survive Malaysia scare, will face India in semi-final

2023-10-05 00:00:00

Former gold medalists of the Asian Games, the Bangladesh Men's Cricket team beat Malaysia by two-run in the fourth quarterfinal during the 19th Asian Games at the Zhejiang University of Technology Cricket Ground in Hangzhou on Wednesday.Afif Hossain put on...

Neymar scores first Al Hilal goal in Asian Champions League win

2023-10-05 00:00:00

TEHRAN, Oct 04 (AFP): Brazil star Neymar opened his account for Al Hilal finally on Tuesday, scoring in his side's 3-0 victory in the Asian Champions League against Iran's Nassaji Mazandaran in Tehran.The former Paris Saint-Germain forward, signed in August...

Tendulkar named global ambassador for WC 2023

2023-10-05 00:00:00

NEW DELHI, Oct 04 (IANS): The International Cricket Council (ICC) named former cricketer Sachin Tendulkar as the 'Global Ambassador' for the Men's Cricket World Cup 2023.The Master Blaster, who has an enviable record of featuring in six 50-over World Cups...

Cricket's biggest extravaganza kicks off today

2023-10-05 00:00:00

The ICC Men's Cricket World Cup 2023 kicks off today (Thursday) in India with defending champions England taking on New Zealand at the Narendra Modi Stadium in Ahmedabad, which will also host the final on November 19, report agencies.The 13th...

England face New Zealand in WC opener today

2023-10-05 00:00:00

AHMEDABAD, India, Oct 04 (Agencies): After combining to produce the most dramatic finish ever to a Cricket World Cup, England and New Zealand will meet again this time to open the 2023 edition in India.This is also the third time...

21 perish as bus plunges from bridge near Venice

2023-10-05 00:00:00

VENICE, Oct 04 (BBC): At least 21 people including several children have died after a bus crashed off a flyover near Venice and burst into flames, officials say. The electric bus broke through a barrier and plunged almost 15m (50ft)...

Iranian teenaged girl in critical condition

2023-10-05 00:00:00

DUBAI, Oct 04 (Reuters): An Iranian teenaged girl is in critical condition in hospital, two prominent rights activists told Reuters on Wednesday, after falling into a coma following what they said was a confrontation with agents in the Tehran metro...

McCarthy ousted as US House Speaker

2023-10-05 00:00:00

CAPITOL HILL, Oct 04 (BBC): Kevin McCarthy has been toppled in a right-wing revolt - the first time ever that a US House of Representatives Speaker has lost a no-confidence vote. The final tally was 216-210 to remove the congressman...

News in Brief(2023-10-05)

2023-10-05 00:00:00

Two members of ARSA, RSO killed in Ukhiya Rohingya campTwo members of Rohingya Salvation Army (ARSA) and Rohingya Solidarity Organisation (RSO) were killed in separate incidents at Ukhiya Rohingya camp in Cox's Bazar. The incidents took places in the early...