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Eco-concern over BD textile waste

FE REPORT | 2023-09-06 00:00:00

Environmental concern linked with textile waste has emerged as a critical challenge for Bangladesh with its remarkable economic growth being the world's second-largest garment exporter, speakers said on Tuesday.International buyers and European Union's regulatory changes are increasingly selecting suppliers based...

Don't give excessive compensation for land, says PM

2023-09-06 00:00:00

Prime Minister Sheikh Hasina Tuesday asked the authorities concerned including the district administrations, to remain vigil so that none can claim excessive compensations for land acquisition required for implementing development projects, reports UNB."In the case of land acquisition, the government...

ECNEC allows RHD 9 years to finish the 652m bridge

FE REPORT | 2023-09-06 00:00:00

The Executive Committee of the National Economic Council (ECNEC) on Tuesday extended time for a project for fifth time, allowing the Roads and Highways Department (RHD) nine years to complete a 652-metre bridge on the Nabaganga River in Narail. The...

Briefing 2023-09-06

2023-09-06 00:00:00

Prayer Timings (2023-09-06)

2023-09-06 00:00:00

Despair and frustration while waiting for the TCB truck

2023-09-06 00:00:00

A group of women in Islambagh, Old Dhaka, express their despair and frustration while waiting for the TCB truck. As essential prices continue to rise, the women from low-income backgrounds eagerly await the opportunity to purchase subsidised food items from...

Don't trade with US-sanctioned Myanmar banks

FE REPORT | 2023-09-06 00:00:00

Bangladesh Bank (BB) has instructed all the commercial banks not to do any financial transaction with two Myanmar banks facing US sanctions, officials said.The central bank, recently in a letter, issued the instruction asking local banks to refrain from transacting...

Dhaka, Jakarta sign energy, agriculture agreements

FE REPORT | 2023-09-06 00:00:00

Bangladesh and Indonesia signed a memorandum of understanding (MoU) on mutual cooperation in the energy sector, the foreign ministry said on Tuesday. Bangladesh Foreign Minister Dr AK Abdul Momen and Indonesian Foreign Minister Retno Marsudi signed the MoU on behalf...

Tk 1.04t paid to pvt power cos in three terms

2023-09-06 00:00:00

The present government has paid a total of Tk 1.04 trillion to 82 independent power producers and 32 rental power plants as capacity charge or rental payment during its three terms.State Minister for Power, Energy and Mineral Resources Nasrul Hamid...

Indo-Pacific, election and Rohingya issues figure high

FE REPORT | 2023-09-06 00:00:00

Indo-Pacific stances of Bangladesh and the United States, upcoming national elections, security assistance, defence trade and cooperation featured a Bangladesh-US security dialogue which concluded Tuesday in Dhaka."Apart from the pure defence-related issues, all other security-related areas were discussed," Foreign Secretary...

Adversities still overshadow economy despite rebound

FE REPORT | 2023-09-06 00:00:00

Further actions to stabilise the foreign-exchange reserves, control inflation, boost revenue, ensure consistent supply of electricity and gas and expand social safety-net programmes are imperative, says a review report on Bangladesh's economy. Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI)...

Vehicles negotiating a road that remains submerged with rainwater

2023-09-06 00:00:00

Vehicles negotiating a road that remains submerged with rainwater over a few days at Gendaria in the city, causing unbearable woes to the commuters. The photograph was snapped on Tuesday — FE Photo

151 Bangladeshis return home from Libya

2023-09-06 00:00:00

A total of 151 Bangladeshi nationals, who were detained in Libya, were brought back home on Tuesday, reports UNB.They landed at Hazrat Shahjalal International Airport at around 6:45 am with the help of the International Migration Organisation (IMO) from the...

Trade Organisation (Amend) Bill, 2023 placed in JS

2023-09-06 00:00:00

The Trade Organisation (Amendment) Bill, 2023 was placed in Parliament on Tuesday aiming to bring some changes in the existing law of 2022, reports UNB.Industries Minister Nurul Majid Mahmud Humayun In absence of Commerce Minister Tipu Munshi placed the Bill...

Flagship event titled Startup IUB@CSE

2023-09-06 00:00:00

Sonia Bashir Kabir, founder and managing director of SBK Tech Ventures, Sami Ahmed, managing director & CEO of Startup Bangladesh Limited, Wahidur Rahman Sharif, President of BACCO, Dr Tanjiba Rahman, chairman, Bangladesh Freelancer Development Society, Sohael Reza, CEO of ADN...

TIB for probing money laundering allegations

FE REPORT | 2023-09-06 00:00:00

Transparency International Bangladesh (TIB) has called for opening investigation into various money laundering allegations to ensure exemplary punishment for those responsible in the incidents keeping above pity or fear.TIB cautiously lauded the Customs Intelligence and Investigation Directorate (CIID) for unearthing...

Cyber Security Bill 2023 lands in JS to replace DSA

2023-09-06 00:00:00

The highly anticipated Cyber Security Bill 2023 was placed in parliament on Tuesday, keeping offences under four of its sections non-bailable. It is proposed to replace the much-talked-about Digital Security Act (DSA), in which offences under 14 sections were non-bailable,...

Continuous rainfall likely for three days

FE REPORT | 2023-09-06 00:00:00

People in the capital and across the country are expected to experience rainfall for three consecutive days starting from today (Wednesday) due to the influence of a low formed over the north-west Bay and adjoining west central Bay off Andra-Odisha...

Dr Zafrullah Chy to remain forever in people's hearts

FE REPORT | 2023-09-06 00:00:00

Late physician Dr Zafrullah Chowdhury will remain forever in the hearts of the country's people for his lifelong endeavour to establish their rights to health and for being a down-to-earth person, a senior doctor said in a public lecture.His struggle,...

CAB demands legal action against cos

FE REPORT | 2023-09-06 00:00:00

Consumers Association of Bangladesh (CAB) on Tuesday demanded immediate legal action against the companies that raised bottled water prices illogically by 33 per cent in recent months.It also put forward four-point demands to ensure safe water at affordable prices at...

BNP wants to skip polls, says Hasan

2023-09-06 00:00:00

Information and Broadcasting Minister and Awami League (AL) Joint General Secretary Dr Hasan Mahmud on Tuesday said his party (AL) wants to win in a competitive election to be participated by all political parties, however BNP wants to flee from...

Fakhrul calls on all parties to unite to topple govt

2023-09-06 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday called upon all the opposition parties to take to the streets in unison to force the Awami League regime to quit and hold the next polls under a neutral government, reports...

Imran breached discipline: Law Minister

FE REPORT | 2023-09-06 00:00:00

Law Minister Anisul Huq on Tuesday said that Deputy Attorney General (DAG) Imran Ahmed Bhuiyan has breached discipline by making statements before the press about a letter that the government lawyer claimed was being prepared by the attorney general's office...

BNP makes mockery of Liberation War spirit: Obaidul Quader

2023-09-06 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Tuesday said BNP Secretary General Mirza Fakhrul Islam Alamgir has made mockery of the spirit of the 1971 Liberation War by comparing their so-called movement with it, reports BSS."By comparing their so-called...

SoftBank's Arm aims for over $52b valuation in biggest US IPO of the year

2023-09-06 00:00:00

SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering as the chip designer heads for the biggest stock market flotation of the year, reports Reuters.SoftBank is offering 95.5 million American depository shares...

L'Occitane dives as go-private talks called off

2023-09-06 00:00:00

HONG KONG, Sept 5 (AFP): Shares in French beauty brand L'Occitane plunged by a record of almost 30 percent in Hong Kong on Tuesday after its chairman called off talks on taking the firm private.The luxury retailer, known for its...

US healthcare stocks roiled by investor tug of war over economy

2023-09-06 00:00:00

NEW YORK, Sept 5 (Reuters): US stock fund flows into and out of the healthcare sector have swung wildly from week to week lately, as investors have adjusted their bets over how long the economy will stay strong.Many view healthcare...

Global shares drop as China optimism fades

2023-09-06 00:00:00

LONDON, Sept 5 (Reuters): Global equities fell on Tuesday as weak service sector data rekindled worries over China's sputtering post-pandemic economy, while Australia's central bank kept interest rates unchanged, pushing the Australian dollar lower.European equity indexes opened in the red,...

Instant settlement of Indian stock market trades to come in by Oct 2024: regulatory source

2023-09-06 00:00:00

MUMBAI, Sept 5 (Reuters): India's market regulator expects instant settlement of stock market trades to be implemented by October 2024, a source from the regulator told Reuters on Tuesday.Currently trades in India are settled in "T+1" or one day after...

China to launch $40b state fund to boost chip industry

2023-09-06 00:00:00

HONG KONG/BEIJING, Sept 5 (Reuters): China is set to launch a new state-backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said, as the country ramps up efforts to...