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Moody's forecasts BD’s stable credit rating

FE REPORT | 2023-12-18 00:00:00

Moody's Investors Service has forecast Bangladesh's credit rating and the country's long-term outlook to be stable. It indicates the global rating agency does not anticipate any significant changes in the economy's creditworthiness or its ability to meet its financial obligations.It,...

Six NSW services opening up for faster trade

DOULOT AKTER MALA | 2023-12-18 00:00:00

A part of National Single Window (NSW) is set to open next month for expediting export-import trade through digital integration of six clearance-providing entities that helps leapfrog port hurdles.After the opening of the NSW, importers and local manufacturers would get...

Islamic banks asked to reverse negative accounts

FE REPORT | 2023-12-18 00:00:00

Islamic sharia-based commercial banks have been warned to adjust their prolonged negative balance with the central bank's account, but suspension of their transactions with other banks not yet decided. Meanwhile, a double dollop of IMF and ADB funds has come...

Kuwait buries late emir Sheikh Nawaf, world leaders pay respects

2023-12-18 00:00:00

Kuwait's Emir Sheikh Nawaf al-Ahmad al-Sabah, whose six-decade career in public service primarily focused on domestic issues, was buried on Sunday as world leaders made their way to pay their respects and meet the new ruler of the Gulf state,...

Priority reforms, macro-financial stability, growth at risk

FE REPORT | 2023-12-18 00:00:00

Political uncertainties over polls may put priority reforms in Bangladesh on tenterhooks and thus undermine its macro-financial stability and economic growth, the IMF predicts in releasing funds and setting hard terms for next. The International Monetary Fund (IMF) has stated...

U-19 Tigers crush UAE to clinch maiden Asia Cup

2023-12-18 00:00:00

Ashiqur Rahman Shibli smashed a century to propel Bangladesh to their maiden U19 Asia Cup championship with a resounding 195-run victory over the United Arab Emirates.A magnificent display with the ball helped the young Tigers bundle the UAE out for...

India crush South Africa in 1st ODI

2023-12-18 00:00:00

JOHANNESBURG, Dec 17 (AFP): Pace bowlers Arshdeep Singh and Avesh Khan set up a convincing eight-wicket win for India in the first one-day international against South Africa at the Wanderers Stadium on Sunday.Left-armer Arshdeep took five for 37 and Avesh...

Australia seal a massive 360-run win over Pakistan in 1st Test

2023-12-18 00:00:00

PERTH, Australia, Dec 17 (AFP): Nathan Lyon took his 500th Test wicket Sunday as Australia dismissed a rattled Pakistan for just 89 to post a thumping 360-run win in the opening Test at Perth.Pakistan's unlikely bid to win their first...

Lyon joins elite club with 500th Test wicket

2023-12-18 00:00:00

PERTH, Australia, Dec 17 (AFP): Australian off-spinner Nathan Lyon claimed his 500th Test wicket on Sunday to join an exclusive club of just seven others to achieve the feat.The 36-year-old veteran, reached the milestone in his 123rd match.

Williamson to lead New Zealand in Bangladesh T20 series

2023-12-18 00:00:00

WELLINGTON, Dec 17 (Agencies): Captain Kane Williamson will make his return to international Twenty20 cricket in the three-match home series against Bangladesh, New Zealand Cricket said Sunday.Williamson has not played 20-overs cricket for more than a year after missing the...

Tigers tumble against New Zealand in rain-hit ODI opener

2023-12-18 00:00:00

DUNEDIN, New Zealand, Dec 17 (AFP): Opener Will Young cracked a rapid century as New Zealand recovered from a dreadful start to beat Bangladesh by 44 runs on Sunday in the rain-affected first one-day international.The remaining games are in Nelson...

Tigresses cruise to victory against South Africa in series opener

2023-12-18 00:00:00

In a stellar display, the Bangladesh women's team secured a convincing win against South Africa in the first ODI at Buffalo Park, East London in the African country, reports agencies.This marked Bangladesh women's first victory over their South African counterparts...

ACC U-19 Asia Cup final

2023-12-18 00:00:00

Bangladesh's U-19 opener Ashiqur Rahman Shibli celebrating after scoring a century against UAE in the ACC U-19 Asia Cup final at Dubai International Cricket Stadium in Dubai on Sunday — bdnews24.com

BGB arrests man with 20 gold bars on Benapole border

2023-12-18 00:00:00

BENAPOLE, Dec 17 (UNB): Members of Border Guard Bangladesh (BGB) arrested a man with 20 gold bars from Putkhali border in Benapole of Jashore district on Saturday night.The arrestee was identified as Atiar Rahman, 55, son of late Mohar Ali...

Four of a family burnt in N’ganj gas explosion

2023-12-18 00:00:00

NARAYANGANJ, Dec 17 (UNB): Four members of a family sustained burn injuries in an explosion, reportedly from gas accumulated due to a leak in the line, at Khilmarket area in Fatullah of Narayanganj early Sunday.The injured were identified as Sultan...

Bogura-S'ganj railway to usher in a new era of connectivity

OUR CORRESPONDENT | 2023-12-18 00:00:00

BOGURA, Dec 17: Despite several complexities, work of the Bogura-Sirajganj Railway Project is going to be started in the next year (2024) that is expected to open a new horizon of connectivity in the northern region.The government through the Ministry...

Chinese firm wins Brazil power line tender to boost green energy

2023-12-18 00:00:00

SAO PAULO, Dec 17 (Reuters): China's State Grid emerged as the big winner in Brazil's largest-ever electricity transmission line auction on Friday, snapping up the largest batch of projects up for grabs.State Grid won a bid to build and operate...

Vision offers Victory Day discounts

2023-12-18 00:00:00

Vision Emporium, the retail chain shop selling electronics products of RFL Group, has launched a special offer titled 'Bijoy Uthsab' on the occasion of the Victory Day. This offer for the customers started on December 15 and will continue until...

Oil and gas should not be demonised, says Elon Musk

2023-12-18 00:00:00

ROME, Dec 17 (Reuters): Oil and gas should not be demonised in the medium-term, Elon Musk, the founder of electric car maker Tesla, said on Saturday, but he also said it was important to reduce carbon emissions to preserve the...

News in Brief -2023-12-18)

2023-12-18 00:00:00

Severe storm strikes coastal city inArgentina, at least 13 deadBAHÍA BLANCA, Dec 17: At least 13 people have been killed in Argentina, a local city mayor said on Saturday, following a severe electrical storm that struck along the South American...

Scientists create world's 1st AI-made images using brain activity

2023-12-18 00:00:00

TOKYO, Dec 17 (Xinhua): Japanese scientists have succeeded in creating the world's first mental images of objects and landscapes from human brain activity by using artificial intelligence (AI) technology, local media reported.The team of scientists from the National Institutes for...

Sheikh Meshal al-Ahmad named as successor of Kuwait’s emir

2023-12-18 00:00:00

KUWAIT CITY, Dec 17 (Reuters): Kuwait's late emir Sheikh Nawaf al-Ahmad Al-Sabah was laid to rest on Sunday at a private funeral attended by select relatives, a day after he passed away.Crown Prince Sheikh Meshal al-Ahmad al-Sabah, 83, who has...

Gaza hostage-related issues discussed

2023-12-18 00:00:00

GAZA, Dec 17 (Reuters/BBC/AFP): Israel appeared to confirm that new negotiations were under way to recover hostages held by Hamas, after a source said Israel's intelligence chief met the prime minister of Qatar, a country mediating in the Israeli-Palestinian conflict.Prime...

60 migrants feared drowned off Libya

2023-12-18 00:00:00

TRIPOLI, Dec 17 (BBC): More than 60 migrants are believed to have drowned in a shipwreck off the coast of Libya, the International Organization for Migration (IOM) said. Citing survivors, the UN agency said on Saturday the vessel left the...

Keeping house rent under control

2023-12-18 00:00:00

It is the house rent that eats up a lion's share of Dhaka city residents' monthly income. As a result of skyrocketing house rent, people have no choice but to squeeze their expenditures on basic necessities such as food, clothing...

Addressing gas crisis

2023-12-18 00:00:00

Dhaka city residents face gas crisis with the onset of every winter. The disruption of the key necessity is not only hampering regular activities, like cooking meals, but also enhancing living cost of the residents, as they have to make...

Respect for national flag

2023-12-18 00:00:00

We have recently celebrated the 53rd Victory Day, the most cherished day for the nation, with paying glowing tributes to 1971 Liberation War martyrs and recalling the glorious history. The day has been celebrated across the country with an array...

A less chilly winter with adverse consequences

Neil Ray | 2023-12-18 00:00:00

There was a false alarm of cold waves. Even the Bangladesh Meteorological Department was misled to issue forecasts that moderate to severe cold waves were likely to sweep across the northern region of the country in the middle and at...

Enhancing efforts to boost forex reserve

Syed Fattahul Alim | 2023-12-18 00:00:00

Rate of foreign remittance inflow had been falling over the past few months and last September it went down to USD1.34 billion, the lowest in 41 months till then. However, from the following months (October and November) remittance inflow has...

Gas reserves running dry

2023-12-18 00:00:00

That the domestic natural gas production has dipped to a decade-low, according to an FE report, is a wake-up call for the policymakers who have long been dragging their feet over exploration of new gas fields. Instead of ratcheting up...