FE Today Logo

Search results for:


Strong monitoring answer to unstable essentials market

2023-09-17 00:00:00

In a desperate effort to rein in the seemingly endless bouts of price hike of basic food staples like vegetable oil, onion, garlic, egg, potato, etc., the government has set maximum retail price (MRP) on a range of products. Already...

Singapore working with neighbours to build strong regional supply chains

2023-09-17 00:00:00

SINGAPORE, Sept 16 (Reuters): Singapore is working with Malaysia and Indonesia to build a strong regional supply chain base to take advantage of changes in global manufacturing flows, the city-state's top investment executive said on Thursday.Reaping the benefits of rising...

Two ships headed to Black Sea ports to load grain

2023-09-17 00:00:00

KYIV, Sept 16 (Reuters): Two cargo vessels were headed to Ukrainian ports on Saturday, the first to use a temporary corridor to sail into Black Sea ports and load grain for African and Asian markets, a senior Ukrainian government official...

Amazon makes first investment in direct air capture climate technology

2023-09-17 00:00:00

E-commerce giant Amazon.com is making its first investment in direct air capture technology, which removes emissions from the atmosphere, by committing to purchase 250,000 tons of removal credits over 10 years, it said on Tuesday, reports Reuters.Amazon will purchase the...

China lithium price sinks on lacklustre demand, rising supplies

2023-09-17 00:00:00

BEIJING, Sept 16 (Reuters): Lithium prices in China, the top consumer of the battery metal, sank to a five-month low this week, pressured by lacklustre buying and rising supplies.The spot lithium carbonate price assessed by Fastmarkets fell to 185,000 yuan...

Oil giants sued for downplaying risks posed by fossil fuels

2023-09-17 00:00:00

The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down the risks posed by fossil fuels, according to a report published in the New York Times on...

Oil gains for third straight week on tight supply, China optimism

2023-09-17 00:00:00

BENGALURU, Sept 16 (Reuters): Oil prices hit a 10-month high on Friday and posted a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts combined with optimism around Chinese demand to lift crude.Brent crude futures rose 23...

Kim inspects Russian N-capable bombers

2023-09-17 00:00:00

SEOUL, Sept 16 (AP): North Korean leader Kim Jong Un inspected Russian nuclear-capable bombers and other warplanes in Russia's Far East on Saturday as he continued a trip that has sparked Western concerns about an arms alliance that could fuel...

Russia doesn't need foreign mercenaries, says Putin

2023-09-17 00:00:00

SOCHI, Sept 16 (TASS): As many as 300,000 volunteers have signed contracts with the Russian army since the beginning of this year, so Russia doesn't need to recruit foreign mercenaries, Russian President Vladimir Putin said on Friday during his meeting...

UK methane greenhouse gas leak spotted

2023-09-17 00:00:00

LONDON, Sept 16 (BBC): A major UK leak of the extremely potent greenhouse gas methane has been spotted from space for the first time. The leak - seen by satellite - occurred over a three-month period at a gas main...

Kabul detains 18 staff members of Swiss NGO

2023-09-17 00:00:00

KABUL, Sept 16 (AFP): Afghanistan's Taliban authorities have detained 18 staff members of a Swiss-registered NGO, including a foreigner, the group said Saturday.The International Assistance Mission (IAM) said the staffers were picked up from its office in Ghor province, central...

Polish govt under pressure

2023-09-17 00:00:00

WARSAW, Sept 16 (BBC/AP): The speaker of Poland's upper house of parliament has called on the government to reveal what it knew about an escalating cash for visas scandal. Tomasz Grodzki said the issue was ruining the country's international reputation...

Normalisation of Saudi-Israeli ties difficult, says Blinken

2023-09-17 00:00:00

WASHINGTON, Sept 16 (Xinhua): US Secretary of State Antony Blinken said Friday that the normalization of relations between Saudi Arabia and Israel remains "difficult," and that any agreement between the two should address issues with Palestine.The secretary gave those remarks...

Simplify customs clearance to develop logistics sector

FE REPORT | 2023-09-16 12:00:00

Experts at a seminar have advocated for the simplification of customs clearance procedures to improve the logistics sector in the country.They have also called for modernisation of ports and enhancing the capacity of railway and inland water transport.Prime Minister's Office...

US surgeons report longest successful pig-to-human kidney transplant

2023-09-16 00:00:00

WASHINGTON, Sept 15 (AFP): US surgeons who transplanted a genetically modified pig kidney into a brain-dead patient announced Thursday they had ended their experiment after a record-breaking 61 days.The latest experimental procedure is part of a growing field of research...

NASA registers summer 2023 as hottest on record

2023-09-16 00:00:00

LOS ANGLES, Sept. 15 (Xinhua): The summer of 2023 was Earth's hottest since global records began in 1880, NASA announced on Thursday.The months of June, July, and August combined were 0.41 degrees Fahrenheit (0.23 degrees Celsius) warmer than any other...

Miladunnabi on Sept 28

2023-09-16 00:00:00

The holy Eid-e-Miladunnabi, marking the anniversary of the birth and demise of Prophet Hazrat Muhammad (SM), will be observed across the country on September 28 with due religious solemnity, reports BSS.The decision was taken at the National Moon Sighting Committee's...

Foreign tourist inflow in BD still poor

SAIF UDDIN | 2023-09-16 00:00:00

Inflow of foreign tourists in Bangladesh remains much lower than potential - mainly due to lack of required infrastructure, complex visa regime, and limited promotion, sector insiders said.They also said the current trend of inbound visitors is yet to reach...

Body formed to probe Krishi Market fire

2023-09-16 00:00:00

A five member committee has been formed to investigate the massive fire that gutted hundreds of shops at Dhaka's Mohammadpur Krishi Market early Thursday, reports UNB.The committee headed by Fire Service and Civil Defence (FSCD) department's Director (Operations and maintenance)...

FSRU overhaul deferred

M AZIZUR RAHMAN | 2023-09-16 00:00:00

In the third instance of deferral, US-based Excelerate Energy has postponed the overhaul of its floating storage and regasification unit (FSRU) to October 24 from September. This move follows a request from state-run Petrobangla, as the government seeks to avert...

Local consumers miss out on 36pc drop in global powdered milk prices

FE REPORT | 2023-09-16 00:00:00

Global powdered milk prices have dropped by 36 per cent in a year, but local consumers are not benefiting as leading companies have yet to adjust their prices. Local manufacturers attribute this price discrepancy to the weakening Taka, reduced consumption...

Country begins fiscal year with rising loan payback

FHM HUMAYAN KABIR | 2023-09-16 00:00:00

Hefty debt servicing weighs on the country's already-depleting foreign-exchange reserves as Bangladesh began the fiscal year with rising loan payback, sources say. The government repaid a record-high amount of US$253.09 million in a month to the lenders in July, officials...

Stay vigilant regarding spirit of liberation war: PM

2023-09-16 00:00:00

Prime Minister Sheikh Hasina on Friday urged the people to remain vigilant so that none can distort the spirit of the Liberation War anymore in the future, reports UNB."The spirit of the great liberation war is very important for us....

Briefing 2023-09-16

2023-09-16 00:00:00

Prayer Timings (2023-09-16)

2023-09-16 00:00:00

India lose six wickets to score 170

2023-09-16 00:00:00

COLOMBO, Sept 15 (AFP): India lost six wickets to score 170 after 37.4 overs in their chase of 266 runs in the Super Four match of the Asia Cup on Friday. Earlier a century stand between Shakib Al Hasan and...

12 more die of dengue amid, 2,129 new cases

FE REPORT | 2023-09-16 00:00:00

The health authority on Friday registered 12 new deaths due to the mosquito-borne dengue fever, including 4 from the capital, Dhaka. With the new deaths, the total casualties now stood at 790, including 547 from Dhaka, according to the Directorate...

Enhanced role of trade in climate action underlined

ASJADUL KIBRIA, FROM GENEVA | 2023-09-16 00:00:00

Despite some limitations, trade can play a pivotal role in helping countries address the challenges of climate change and promote a sustainable future.The most critical thing is to devise strategies and ways to "make trade an enabler of a better...

Rising prices bypass govt fixed rates for essentials

FE REPORT | 2023-09-16 00:00:00

Consumers still had to pay higher prices for onions, potatoes, eggs, sugar and edible oil though the government on Thursday fixed the prices of these essential items. On Thursday, the commerce ministry set the maximum retail price (MRP) of an...

Internet banking doubles to Tk 462.43b in July

JUBAIR HASAN | 2023-09-16 00:00:00

Internet banking doubled to Tk 462.43 billion in July in a year-on-year growth with fin-tech transforming cash finance and payments system rapidly going online globally. Sources say the volume of internet-banking transactions is growing fast as huge people, particularly tech-savvy...