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Rezwana Chy Bannya named for Padma Shri Award

2024-01-27 00:00:00

Legendary Tagore singer and Rabindra Sangeet exponent Rezwana Chowdhury Bannya has been named as one of the recipients of prestigious Padma Shri Award by the Indian government, report agencies.The government of India made the announcement on Thursday. President of India...

Good educational instts can make smart citizens

2024-01-27 00:00:00

Bangladesh needs skilled and educated manpower to face various challenges and good educational institutions can make smart citizens, said Environment, Forest and Climate Change Minister Saber Hossain Chowdhury on Friday, report agencies."A smart society is needed to build a smart...

BD struggles with food prices despite grain price fall

FE REPORT | 2024-01-27 00:00:00

Domestic food price inflation remains elevated in low and middle-income countries, including Bangladesh, according to a recent World Bank publication.The global lender's latest food security update also found that Bangladesh reported 9.6 per cent inflation in December 2023 compared to...

Saidul, Badrul new Chandpur Bar president, gen secy

2024-01-27 00:00:00

CHANDPUR, Jan 26 (BSS): Awami League (AL)-backed Advocate Md. Saidul Islam Babu and Advocate Md Badrul Alam Chowdhury have been elected President and General Secretary (GS) respectively in Chandpur District Bar Association election.Chief election commissioner Advocate ATM Mustafa Kamal declared...

All those sentenced by Bangladeshi courts will be brought back home,

2024-01-27 00:00:00

BRAHMANBARIA, Jan 26 (UNB): Law, Justice and Parliamentary Affairs Minister Anisul Haq on Friday said the government would take initiative to bring back all those from abroad who were sentenced by the courts in Bangladesh.He came up with the remarks...

Hungary, Kyrgyzstan greet Sheikh Hasina on her re-appointment as Prime Minister

2024-01-27 00:00:00

Hungary and Kyrgyzstan have extended greetings and felicitations in messages to Sheikh Hasina recently on her re-appointment as the Bangladesh prime minister, reports UNB.Hungarian Prime Minister Victor Orban, in his message, said they greatly appreciate the development of Bangladesh in...

Neither parliament nor current govt was formed with people's mandate

2024-01-27 00:00:00

BNP leader Dr Abdul Moyeen Khan on Friday said neither the parliament nor the current government was formed with the mandate of the people of the country, reports UNB."We would like to say this clearly that the parliament and the...

Govt to curb sternly violence ensuing from BNP's programme

2024-01-27 00:00:00

The government will clamp down on any form of violence or sabotage stemming from BNP's protest campaigns, said ruling Awami League's General Secretary Obaidul Quader, reports bdnews24.com.Strict measures will be taken to prevent acts of arson during opposition hartals and...

US inflation slowed further in Dec

2024-01-27 00:00:00

WASHINGTON, Jan 26 (AP): The Federal Reserve's preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race...

Dhaka's Hazaribagh market

2024-01-27 00:00:00

Dhaka's Hazaribagh market, the city's largest banana wholesale hub, bustles with activity as retailers browse Friday's arrivals from across the country. — FE Photo

US state of Alabama carries out country's first execution using nitrogen gas

2024-01-27 00:00:00

WASHINGTON, Jan 26 (AFP): The southern US state of Alabama on Thursday put to death a convicted murderer using nitrogen gas, the first time the controversial method decried by human rights advocates has been used in the country.Kenneth Eugene Smith...

34 more cases reported in 24 hours

2024-01-27 00:00:00

Bangladesh reported 34 more COVID-19 cases in 24 hours till Friday morning, reports UNB.With the new numbers, the country's total COVID-19 caseload rose to 2,046,935, according to the Directorate General of Health Services (DGHS).The official death toll from the disease...

BD moves for fringe meeting with India

FE REPORT | 2024-01-27 00:00:00

Dhaka looks to a meeting with Delhi on the sidelines of the upcoming WTO ministerial conference with intent to implement CEPA (Comprehensive Economic Partnership Agreement) and food quota quickly.According to foreign ministry officials, commerce ministry wants to sit with the...

PM to open Amar Ekushey book fair on February 1

2024-01-27 00:00:00

The month-long "Amar Ekushey Grantha Mela 2024", the country's largest book fair, is going to begin this year on its traditional date of the first day of February."Prime Minister Sheikh Hasina is expected to open the fair to be held...

Housing loans surge despite slower private credit growth

SAJIBUR RAHMAN | 2024-01-27 00:00:00

Housing loans jumped 12.05 per cent in the fiscal year 2022-23, outpacing overall private sector credit growth which slowed to 10.57 per cent. Realtors say the surge in housing loans is directly linked to the rising costs of construction materials....

Briefing 2024-01-27

2024-01-27 00:00:00

Prayer Timings (2024-01-27)

2024-01-27 00:00:00

Underperformance marks most macroeconomic parameters

FHM HUMAYAN KABIR | 2024-01-27 00:00:00

A halfway stocktaking of the execution of Bangladesh's eighth five-year plan (FYP) for development shows underperformance on most macroeconomic parameters, leaving little hope for recuperation during the remaining time. The midterm review by General Economics Division (GED) has found performance...

Israel must prevent genocide: UN court

2024-01-27 00:00:00

THE HAGUE, Jan 26 (AFP/Reuters): The World Court ordered Israel on Friday to prevent acts of genocide against the Palestinians and do more to help civilians, although it stopped short of ordering a ceasefire as requested by South Africa.While the...

Unemployment on upturn following economic downturn

JASIM UDDIN HAROON | 2024-01-27 00:00:00

Unemployment increased in the last quarter to December 2023 over its corresponding period a year before for, economists say, major factors like high inflation, lax investment and election jitters. And the jobless rate was especially pushed up by higher female...

Tetulia shivers as mercury dips to 5.8°C, season's lowest

2024-01-27 00:00:00

Residents of Panchagarh's Tetulia woke up to the chilliest morning of the season as a mid-winter cold snap continued to sweep over parts of Bangladesh on Friday, reports bdnews24.com.The mercury plunged to 5.8 degrees Celsius in Tetulia on the day,...

China equity funds draw largest weekly inflows since 2015

2024-01-27 00:00:00

LONDON, Jan 26 (Reuters): Investors poured almost $12 billion into Chinese equity funds in the week to Wednesday in the largest inflow since 2015 and the second largest ever, a BofA Global Research report showed on Friday - a positive...

NRB Bank's IPO opens tomorrow

FE REPORT | 2024-01-27 00:00:00

The initial public offering (IPO) of NRB Bank will open tomorrow (Sunday) for subscription, aiming to raise Tk 1 billion from the primary market under the fixed-price method.The subscription period will continue until February 1, according to Dhaka Stock Exchange.NRB...

Marico quarterly profit grows 13pc as raw material prices cool off

FE REPORT | 2024-01-27 00:00:00

The cooling-off raw material prices on the global market helped Marico Bangladesh's quarterly profit grow by 13 per cent to Tk 1.10 billion in the October-December 2023, compared to the same quarter a year earlier.Also, higher net finance income contributed...

Stocks tumble 2.8pc on sharp sell-off after floor price removal

FE REPORT | 2024-01-27 00:00:00

With the removal of the 'floor price' this week, the market saw sharp sell-off in stocks that remained unmoved for over a year, dragging the benchmark equity index deeper into correction territory.The stock market regulator lifted the floor price in...

US new home sales up in 2023, boosted by limited existing supply

2024-01-27 00:00:00

WASHINGTON, Jan 26 (AFP): Sales of new US homes jumped in 2023, government data showed Thursday -- a result that reflects a lack of inventory in the existing homes market, as mortgage rates remained elevated.An estimated 668,000 new homes were...

Sanjoy becomes new chairman of BSCIC

2024-01-27 00:00:00

Sanjoy Kumar Bhowmik took over as Chairman (Grade 1) of Bangladesh Small and Cottage Industries Corporation (BSCIC) on Thursday, says a press release. He started off his career as a member of the 13th BCS (administration) cadre in 1994. He...

Musk brain implant company violated US hazardous material transport rules

2024-01-27 00:00:00

WASHINGTON, Jan 26 (Reuters): Elon Musk's brain-implant company Neuralink was fined for violating US Department of Transportation (DOT) rules regarding the movement of hazardous materials, according to records from the federal agency reviewed by Reuters.During inspections of the company's facilities...

42pc drop in Suez traffic following Huthi attacks

2024-01-27 00:00:00

UNITED NATIONS, United States, Jan 26 (AFP): The volume of commercial traffic passing through the Suez Canal has fallen more than 40 percent in the last two months after attacks by Yemen's Huthi rebels, according to the United Nations, raising...

'Premature' to talk rate cuts, says ECB after pausing again

2024-01-27 00:00:00

FRANKFURT, (Germany), Jan 26 (AFP): The European Central Bank froze borrowing costs again on Thursday and expressed caution on inflation, with president Christine Lagarde saying it was still too early to consider rate cuts.The third consecutive pause since October leaves...