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bti hosts Home Fest in city

2023-08-06 00:00:00

The bti Home Fest '23, organised by the building technology and ideas limited (bti), a leading real estate company, was held on Saturday with the slogan 'Live Smart, Live Better', promoting smart home to ensure an improved and comfortable living,...

Square Toiletries opens 'Anita Centre'

2023-08-06 00:00:00

FE REPORTSquare Toiletries Limited, a subsidiary of Square Group, inaugurated its new building named 'Anita Centre' on Saturday, marking the 91st birthday of Anita Chowdhury, popularly known as 'Square Mata' (mother).Late Anita Chowdhury was the wife of Square Group founder...

Next two years to be crucial for energy sector: Nasrul

2023-08-06 00:00:00

State Minister for Power and Energy Nasrul Hamid on Saturday said the next two years will be critical for the energy sector of the country, reports UNB."In the next two years, we must take a leap forward in executing all...

Argentina uses $775m Qatar loan to repay IMF

2023-08-06 00:00:00

BUENOS AIRES, Aug 05 (AFP): The Argentine government said Friday it will use a loan from Qatar amounting to $775 million to make a payment to the International Monetary Fund as it awaits approval of a disbursement from the IMF...

UBS nears major investment bank restructuring

2023-08-06 00:00:00

NEW YORK, Aug 05 (Reuters): UBS Group AG is poised to make sweeping changes to the senior ranks of its investment banking division globally as soon as Monday, marking a new milestone in the process of integrating Credit Suisse, people...

US companies hoarding workers even as economy cools

2023-08-06 00:00:00

CALIFORNIA, Aug 05 (Reuters): When storms hammered California's farms last winter, Kevin Kelly knew his small factory outside San Francisco would soon see demand wilt for the plastic bags it churns out for pre-cut salads and other produce.In the past,...

Britannia's profit climbs 36pc

2023-08-06 00:00:00

BENGALURU, Aug 05 (Reuters): India's Britannia Industries reported a near-36 per cent jump in quarterly earnings on Friday as the Marie Gold biscuits maker stocked up its products in mom-and-pop stores across rural markets.Britannia, which also sells cakes and breads,...

Daily Shopping, a chain store, has opened its outlet in Rajshahi. Galib Farrokh Bakht, Chief Operating Officer

2023-08-06 00:00:00

DAILY SHOPPING OPENS OUTLET IN RAJSHAHIDaily Shopping, a chain store, has opened its outlet in Rajshahi. Galib Farrokh Bakht, Chief Operating Officer of the chain store, inaugurated the outlet at Dorikhrobona Mor near Nagar Bhaban in Rajshahi city recently.

74th birth anniversary of Sheikh Kamal

2023-08-06 00:00:00

Russia says JPMorgan stops processing grain payments

2023-08-06 00:00:00

UNITED NATIONS, Aug 05 (Reuters): US bank JPMorgan this week stopped processing payments for the Russian Agricultural Bank, Russia said on Friday, as it demanded action, not promises, from Washington to help Russian grain and fertiliser reach global markets.JPMorgan had...

Exim Bank launches Bangla-QR Transaction

FE Desk | 2023-08-06 00:00:00

Exim Bank launched Bill Payment Service through Bangla-QR with the aim of creating cashless Bangladesh. Managing Director and CEO of the bank Mohammad Feroz Hossain officially launched this service in a programme held at EXIM Bank head office recently, said...

Top 10 open-ended MFs strike double digit return rates for FY22

Mohammad Mufazzal | 2023-08-06 00:00:00

As many as 10 open-ended mutual funds (MFs) generated returns at double-digit rates between 11.9 per cent and 26.7 per cent in FY22, with investments concentrating on blue-chip stocks, according to EBL Securities. The high incomes from investments were derived...

Good yield, fair prices bring smile to maize farmers in Rajshahi

2023-08-06 00:00:00

RAJSHAHI, August 05 (BSS): Both good yield and fair market price have delighted the grassroots farmers as the cash crop is being judged as profitable one in the region, including its vast Barind tract, for the last couple of years.Currently,...

About 150 houses have been washed away due to erosion by the Meghna River

2023-08-06 00:00:00

About 150 houses have been washed away due to erosion by the Meghna River in Chandpur. The picture was taken on Thursday — bdnews24.com

300 families marooned as dam collapses in Bagerhat

2023-08-06 00:00:00

BAGERHAT, Aug 05 (UNB): A flood protection embankment along the Bhairab River at Bhadrapara in Sadar upazila was washed away by the tidal surges on Friday, leaving 300 families of three villages marooned. A vast portion of Bhadrapara, Boitpur and...

Woman stabbed to death after being dragged out from vehicle

2023-08-06 00:00:00

A group of assailants have stabbed a woman to death after dragging her away from a battery-run three-wheeler in Natore's Baraigram upazila, reports bdnews24.comThe incident occurred in the upazila's Moshinda area around 10:30 pm on Friday, said Baraigram Police Station...

T-Aman cultivation going on full swing in Manikganj

2023-08-06 00:00:00

MANIKGANJ, Aug 05 (BSS): The cultivation of T-Aman is going on full swing in five of seven upazilas of the district, the Department of Agriculture Extension sources said.Earlier a total of 4,000 small and marginal farmers got seed and fertiliser...

Gaibandha farmers worried as water scarcity hampers jute retting

2023-08-06 00:00:00

GAIBANDHA, Aug 05 (UNB): Despite bumper production, farmers in char areas of Gaibandha district are worried they won't get good prices for jute this year, as they are facing difficulties in rotting and processing the golden fibre due to lack...

Danger lurks in Ctg hillsides

2023-08-06 00:00:00

Our CorrespondentCHATTOGRAM, Aug 05: Several thousand people living at the foots and on the slopes of hills in Chattogram are exposed to high risk of landslide.Extreme rainfall within a short span of time has made the hills muddy increasing the...

Significance of green technology and innovation in Bangladesh

Matiur Rahman | 2023-08-06 00:00:00

Green technology and innovation refer to developing and applying environment-friendly sustainable solutions that minimise negative environmental impacts while promoting economic growth and social well-being. These technologies and innovations aim to address various environmental challenges and contribute to a more sustainable...

Plight of people taking loans from NGOs

2023-08-06 00:00:00

According to the media, a 36-year-old woman has recently committed suicide in Manikganj's Saturia reportedly after failing to repay loans that she had taken from NGOs (non-government organisations). One of the NGOs' officials allegedly harassed her just one day before...

Dhaka's noise pollution--

2023-08-06 00:00:00

One of the worst kinds of nuisances in Dhaka city is noise pollution. It is something with which we begin and end our days. Yet, hardly anyone seems to care how much it is affecting our life and health. As...

Witch doctors still call the shots

Shihab Sarkar | 2023-08-06 00:00:00

When Bangladesh has nearly entered the age of AI (artificial intelligence) news casting on TV, a recent FE photograph showing a female 'ojha' treating a baby dengue patient on a young mother's lap commands sheer incredulity. The Mugda Medical College...

The myth of market syndication

Asjadul Kibria | 2023-08-06 00:00:00

That 'syndicates' are behind unusual rise in prices of essential commodities is more of a popular perception. Even policymakers often blame a section of traders for creating syndicates that have hitherto remained beyond the reach of the long hand of...

RMG sector needs to evolve

2023-08-06 00:00:00

The readymade garments sector's share in global markets (RMG) has reportedly tripled in size over the last seventeen years. As per data from the World Trade Statistical Review 2023 shows, the country's share has increased from 2.5 per cent in...

Oil rises for 6th straight week as global supplies tighten

2023-08-06 00:00:00

Oil prices rose more than a dollar a barrel on Friday to record a sixth consecutive week of gains, after top producers Saudi Arabia and Russia extended supply cuts through September, adding to undersupply concerns, reports Reuters.Brent crude futures rose...

Panama Canal seen losing $200m as ship crossings dip

2023-08-06 00:00:00

PANAMA CITY, Aug 5 (Reuters): The Panama Canal expects its revenue to shrink by about $200 million in its next fiscal year due to crossing restrictions meant to save water as a consequence of an unprecedented drought, its administrator announced...

Weather woes, Russia upend outlook for global wheat suppliers

2023-08-06 00:00:00

CHICAGO, Aug 5 (Reuters): Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis shows, a decline coming as top supplier Russia intensifies its conflict with Ukraine...

Rashid Khan may be available for Pakistan ODI series

2023-08-06 00:00:00

The Afghanistan Cricket Board (ACB) said that Rashid Khan, who skipped the Hundred due to a back problem recently, will be available in the upcoming three-match ODI series against Pakistan, scheduled in Sri Lanka from August 22, reports Cricbuzz.Pakistan will...

It's a great honour to win Sk Kamal Nat'l Sports Award: Taskin

2023-08-06 00:00:00

Right-arm national team pacer, Taskin Ahmed, has won the prestigious Sheikh Kamal National Sports Award 2023. Along with him, a total of 10 sportsmen and organisations received this award this year from Prime Minister Sheikh Hasina, reports UNB."It's a great...