Atiqul Kabir Tuhin | 2024-01-21 00:00:00
That the country's overall business environment didn't improve in spite of the government's numerous measures and policy support is evident from a survey of Centre for Policy Dialogue (CPD). The CPD survey, conducted in partnership with the World Economic Forum...
Asjadul Kibria | 2024-01-21 00:00:00
To continue the fight against inflation, Bangladesh Bank has adopted the tight monetary stance applicable for the last half of the current fiscal year (FY24). The announcement of the new monetary policy last week came with a moderate hike in...
Authorities had introduced floor pricing more than a year ago to prevent a possible crash in the country's main bourse. What had originally been envisaged as a short-term measure had become a long-term one and with unintended, but not entirely...
LONDON, Jan 19 (Reuters): Global equity funds witnessed hefty outflows in the week up to Jan. 17 as investors trimmed positions after central bankers in the US and Europe pushed back against market expectations of an early interest rate cut.Investors...
LONDON, Jan 19 (AFP): Wall Street opened higher as tech stocks continued their recovery, but European shares were weighed down by concerns about slow growth and sticky inflation.Asian markets were hurt by China's economic woes.Global equities had rebounded Thursday in...
HONG KONG, Jan 19 (AFP): Asian markets mostly rose Friday following a tech-led rally on Wall Street that helped soothe traders' concerns that the Federal Reserve will likely not cut interest rates, though China's economic woes dragged on Hong Kong...
FE REPORT | 2024-01-20 00:00:00
The stock market regulator has approved the draft prospectus of an open-end mutual fund named "ACACIA SRIM Balanced Unit Fund", the initial targeted size of which is Tk 500 million.The approval came on Wednesday [January 17] at a meeting held...
FE REPORT | 2024-01-20 00:00:00
The equities index extended the winning streak last week with increasing participation of investors with their sights set on rallying stocks as political tensions subsided after the national election.Buyers dominated the trading floor since investors were getting optimistic about a...
TOKYO, Jan 19 (AFP) : Japanese consumer inflation slowed again in December due to lower electricity and gas bills, government data showed Friday, ahead of a Bank of Japan policy decision next week.Prices in the world's third-largest economy, excluding volatile...
GENEVA, Jan 19 (AFP): Generative artificial intelligence could transform healthcare through things like drug development and quicker diagnoses, but the World Health Organization warned Thursday of the potential pitfalls in rushing to embrace AI.The WHO has been examining the likely...
Prime Minister's Principal Secretary Md Tofazzel Hossain Miah has urged China and the International Finance Corporation (IFC) to increase their investments in Bangladesh, reports UNB.Tofazzel made the call when Chinese Ambassador to Bangladesh Yao Wen and International Finance Corporation (IFC)...
LONDON, Jan 19 (AFP): Indian-owned Tata Steel is to cut about 3,000 jobs at a plant in Wales, a source said Thursday, as the industry struggles to finance greener production of the metal.The company will on Friday confirm the closure...
WASHINGTON, Jan 19 (AFP): The US Federal Reserve could begin cutting interest rates "sooner than the third quarter" of this year, a voting member of the central bank's rate-setting committee said Thursday.Policymakers recently voted to keep the Fed's benchmark lending...
Customers buy warm clothes from a footpath shop at New Market in the city on Friday as the country is witnessing possibly the hard part of biting cold. — Focus Bangla
FE REPORT | 2024-01-20 00:00:00
The Bangladesh Textile Mills Association (BTMA) said the government has formed a minimum wage board for the country's textile sector, as the association requested the workers to have patience following reports of factory vandalisms. In a press release on Friday,...
MOSCOW, Jan 19 ( TASS): World oil supply is forecast to rise to a new high of 103.5 mln barrels per day in 2024, fueled by record-setting output from the US, Brazil, Guyana and Canada, the IEA (International Energy Agency)...
SAN FRANCISCO, Jan 19 (AFP): Google CEO Sundar Pichai has warned employees that more layoffs are in store at the search engine giant as it focused on new priorities, including artificial intelligence."These role eliminations are not at the scale of...
MURMANSK, Jan 19 (TASS): Russia may become a global leader in terms of LNG (liquefied natural gas) production and outpace Qatar, the world's largest LNG exporter, in the midterm, with the total potential of Russian liquefied gas production considering the...
MUMBAI, Jan 19 (Reuters): India's corn exports have almost ground to a halt since December due to a rally in local prices on strong demand from the poultry and ethanol industry, making shipments from the country more expensive than those...
PANAMA CITY, Jan 19 (AP): A severe drought that began last year has forced authorities to slash ship crossings by 36 per cent in the Panama Canal, one of the world's most important trade routes.The new cuts announced Wednesday by...
HYDERABAD (India), Jan 19 (Reuters): Airbus, opens new tab expects to double the total value of procurement from India to $1.5 billion in the coming years, the planemaker's India president said on Thursday, as it looks to ride on the...
LONDON, Jan 19 (Reuters) : Oil was little changed on Friday and heading for a weekly gain, as Middle East tensions and oil output disruptions caused by cold weather in the U.S., the world's biggest producer, balanced concerns about the...
Weather may remain mainly dry with temporary partly cloudy sky over the country. Fog: Moderate to thick fog may occur over the river basins and light to moderate fog elsewhere over the country during midnight to morning until 06:00 pm...
Fire guts poultry farm with 1,200 chickens in Ctg A poultry farm with 1,200 chickens has been gutted in a fire at Boalkhali upazila of Chattogram. The fire broke out at Kamal Hossain's poultry farm in Ward-2 of East Kalurghat...
Police arrested an absconding suspect who allegedly deceived people by impersonating the nephew of the home minister and younger brother of Dhaka Metropolitan Police (DMP) commissioner from Kamrangircahr of Dhaka on Wednesday.The arrestee is Md Jhutan Miah, a resident of...
NATORE, Jan 19 (UNB): A 45-year-old woman died after being electrocuted in Baraigram upazila of Natore on Friday .The dead is Maleka, wife of Didar Hossain of the Agran area of the upazila.Kamruzzaman, sub-inspector of Baraigram Police Station, confirmed the...
Warning of strict action against corruption, Minister for Health and Family Planning Dr Samanta Lal Sen has said no one will be spared if found involved with graft during his tenure, reports UNB. "I myself do not commit corruption and...
Preparation for the month-long Amar Ekushey Boi Mela-2024 going on in full swing as publishing houses are working round the clock to erect their stalls with beautiful decoration. The fair will start on February 1. The picture was taken from...
JU CORRESPONDENT | 2024-01-20 00:00:00
Jahangirnagar University (JU) hosted the 22nd annual bird fair on the beautiful nature-themed campus on Friday, aimed at sensitising people to the importance of bird conservancy.The university dressed the part with a series of activities, undertaken by zoology department, for...
National Committee to Protect Shipping, Roads and Railways (NCPSRR) has demanded a proper investigation over a ferry capsize near Paturia ghat in Manikganj district early Wednesday, reports UNB.President of the organisation Md. Shahid Mia and General Secretary Ashis Kumar Dey...
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