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Minister calls for rewarding honest traders

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

To boost revenue mobilisation, finance minister Abul Hassan Mahmood Ali on Friday instructed the revenue board to reward the law-abiding traders and take strict action against the non-compliant ones.The minister said one of the duties of the customs was to...

Most base metals set for weekly gains on China demand hopes

2024-01-27 00:00:00

Nonferrous metals traded largely mixed on Friday, but most were set for weekly gains on hopes of an improvement in demand from top consumer China following a raft of policy support, reports Reuters.Three-month copper on the London Metal Exchange CMCU3...

Gold in tight range as US inflation data looms

2024-01-27 00:00:00

Gold prices held in a narrow range on Friday as investors stayed on the sidelines awaiting a key U.S. inflation print later in the day that could set the tone for the Federal Reserve policy meeting next week, reports Reuters.Spot...

UK food prices to keep rising through 2024

2024-01-27 00:00:00

LONDON, Jan 26 (Reuters): British food and drink prices will continue to rise in 2024, contributing to an extended cost-of-living crisis, a prominent grocery industry researcher said on Thursday.Food and drink inflation will be between 0.3 per cent and 2.3...

Aviation sector seeks urgent solutions for GPS interference

2024-01-27 00:00:00

LONDON/WASHINGTON, Jan 25 (Reuters): The aviation industry will press regulators this week for urgent action to help tackle GPS "spoofing" amid a surge in such activity, which can send commercial airliners off-course, due to conflicts in Ukraine and the Middle...

Oil prices set for weekly gain on US growth, ME concerns

2024-01-27 00:00:00

LONDON (Reuters): Oil prices eased on Friday but remained on course for a second consecutive weekly gain, supported by positive US economic growth and Middle East supply concerns.The United States, the world's biggest oil consumer, registered faster than expected economic...

Two Zimbabwe cricketers banned for recreational drug use

2024-01-27 00:00:00

HARARE, Jan 26 (AFP): Zimbabwean international cricketers Wessly Madhevere and Brandon Mavuta have been banned from all cricket for four months for recreational drug use.Both players have also been fined 50 per cent of their salaries for three months, according...

Australia strike late to claim slight advantage over WI

2024-01-27 00:00:00

BRISBANE, Jan 26 (AFP): Australia took the late wicket of Tagenarine Chanderpaul to even the contest after a fascinating second day's play in the second Test against the West Indies in Brisbane on Friday.At stumps, the West Indies were 13-1,...

Graphic shows the women's single final

2024-01-27 00:00:00

Graphic shows the women's single final between Belarussian Aryna Sabalenka and Chinese Zheng Qinwen of the Australian Open tennis competition in Melbourne on Saturday — AFP

Rubiales three-year ban for WC kiss confirmed by FIFA

2024-01-27 00:00:00

BARCELONA, Jan 26 (AFP): Disgraced former Spanish football chief Luis Rubiales will be banned from the game for three years, world football governing body FIFA confirmed Friday after rejecting his appeal."The Appeal Committee was comfortably satisfied that Mr Rubiales behaved...

NZ name Williamson, Ravindra for SA Tests

2024-01-27 00:00:00

WELLINGTON, Jan 26 (AFP): Star batters Kane Williamson and Rachin Ravindra were named Friday in the New Zealand squad for the two-match home Test series, starting next week, against an inexperienced South Africa side.Williamson returns to the Black Caps after...

Sinner ends Djokovic Grand Slam history bid at Australian Open

2024-01-27 00:00:00

MELBOURNE, Jan 26 (AFP): Jannik Sinner ended Novak Djokovic's bid for a record 25th Grand Slam title on Friday, snapping the Serb's astonishing 33-match winning run at Melbourne Park to reach his first major final.The Italian fourth seed was unfazed...

Rahul, Jadeja power India's lead in first England Test

2024-01-27 00:00:00

HYDERABAD, Jan 26 (AFP): KL Rahul hit 86 and Ravindra Jadeja closed in on a half-century Friday to push India's lead to 63 runs on day two of the opening Test against England.India were 309-5 at tea with Jadeja on...

Khulna Tigers secure 28-run victory over Rangpur Riders

2024-01-27 00:00:00

The Sylhet leg of the ongoing Bangladesh Premier League (BPL) commenced as Khulna Tigers triumphed over Rangpur Riders by 28 runs on Friday, reports UNB.Mohammad Nawaz's stellar fifty and Dasun Shanaka's four-wicket haul were instrumental in securing the victory for...

The challenges that lie ahead

Mohammad Ashraful Islam Khan | 2024-01-27 00:00:00

Supply chains in 2023 witnessed improvement since the economic downturn triggered by the Covid-19 pandemic in 2020-21. Operations became more streamlined, experiencing reduced congestion and a more harmonious supply-demand equilibrium. Valuable insights from the challenges posed by the pandemic underscored...

A holistic approach

Md. Abdul Latif | 2024-01-27 00:00:00

Cox's Bazar, the sea, sun, and sand-based tourism capital in the country has built its connectivity with the capital, Dhaka, by the railway track opened on December 1 2023. This strengthens its existing multimodal connectivity and offers safer, cost-effective, and...

Metro rail slashes time but offers no ease of commute

Nilratan Halder | 2024-01-27 00:00:00

Some call it metro magic, others 'a slice of foreign land'. By foreign land, they mean the most advanced countries in the West where life is so synchronised that it can with rare exception go by the clock. Movements on...

News in Brief (2024-01-27)

2024-01-27 00:00:00

Turkey takes final step on Sweden's NATO membershipISTANBUL, Jan 26: Turkey's government newspaper on Thursday published a protocol on Sweden's accession to NATO, a final technical step in Ankara's ratification of the Nordic nation's bid to join the US-led alliance....

India's Prime Minister Narendra Modi (right) and France's President Emmanuel Macron embrace

2024-01-27 00:00:00

JAIPUR (India): India's Prime Minister Narendra Modi (right) and France's President Emmanuel Macron embrace during a visit at the Janta Mantar observatory in Jaipur on Thursday. President Emmanuel Macron was given a red carpet reception in India, with a welcome...

Kenya court rules Haiti police deployment is 'illegal'

2024-01-27 00:00:00

NAIROBI, Jan 26 (AFP): A Kenyan court on Friday ruled against the government's plan to deploy police to Haiti to lead a UN-backed multinational mission aimed at restoring order in the gang-plagued Caribbean nation.The ruling comes as Haiti's government calls...

Global warming drove record Amazon rainforest drought: Study

2024-01-27 00:00:00

Climate change, and not El Nino, was the primary driver of the unprecedented drought last year in the Amazon rainforest that caused rivers to dry up, required deliveries of essential supplies to river communities and resulted in the deaths of...

India calls Pakistan’s claim of targeted killings ‘false’

2024-01-27 00:00:00

NEW DELHI, Jan 26 (BBC): India has dismissed allegations by Pakistan that its agents killed two Pakistani citizens on its soil in 2023, calling them "false".Pakistan's claims come months after Ottawa alleged that India was involved in the murder of...

Republican committee pulls resolution declaring Trump as ‘presumptive’ 2024 nominee

2024-01-27 00:00:00

COLUMBIA, Jan 26 (AP): The Republican National Committee has pulled a resolution to consider declaring Donald Trump the party's "presumptive 2024 nominee" before he formally clinches the requisite number of delegates, a person familiar with the decision said Thursday.News of...

China accuses US of 'abusing' int'l law

2024-01-27 00:00:00

BEIJING, Jan 26 (AP): China accused the US of abusing international law with its military maneuvers in the western Pacific, one day after an American naval destroyer sailed through the politically sensitive Taiwan Strait.While China welcomes military-to-military communication with the...

S Africa hails ‘decisive victory’ at UN court

2024-01-27 00:00:00

JOHANNESBURG, Jan 26 (Agencies): South Africa hailed on Friday a ruling by the United Nations' top court that Israel should do everything it can to prevent any acts of genocide in Gaza.The International Court of Justice (ICJ) in The Hague...

Decent employment for youth: areas of concern

Syed Nasim Manzur, Tanvir Sobhan, A K M Fahim Mashroor, Amzad Hussain, Mohammad Sahab Uddin, Nazmul Ahsan, Sayema Haque Bidisha, Selim Raihan, Shale Ahmed, Shams Mahmud, Suborna Barua, and Zahid Hussain | 2024-01-27 00:00:00

Bangladesh’s demographic landscape is characterised by a large young population, which offers both significant opportunities and confronts the country with formidable challenges. As is widely recognised, the country’s performance in terms of many socio-economic indicators has been quite impressive. However,...

Appoint chairman from banks' independent directors

2024-01-27 00:00:00

The banks of Bangladesh are plagued by a plethora of irregularities and weak governance practices, leading to the growth of Non-Performing Loans (NPLs) and severe liquidity crises. Consequently, there is a growing call for the appointment of a chairman from...

Illegal fishing may spell doom for hilsha

2024-01-27 00:00:00

The kitchen market is flooded with Jatka (hilsa fry), apparently caught using a banned type of fishing net known as 'current net' or the monofilament fishing net. Environmentalists and knowledgeable people in fisheries think that the widespread use of these...

Dispelling the myth of gender dysphoria

2024-01-27 00:00:00

Gender dysphoria refers to the anxiety caused by a mismatch between a person's biological sex and their gender identity. Studies indicate that nearly all Trans Men (TM) and Trans Women (TW) experience gender dysphoria by the age of seven (7),...

Growing preference for religious education

Tanim Asjad | 2024-01-27 00:00:00

Parents have long preferred religious education for their children in this part of the world. The number of people receiving religious education during the past three decades has only gone up. The Population and Housing Census 2022 report showed that...