FE REPORT | 2023-08-10 00:00:00
Two cabinet bodies approved two proposals on Wednesday in favour of the local conglomerate Summit Group.Under a proposal at a meeting of the Cabinet Committee on Government Purchase (CCGP), chaired by Finance Minister AHM Mustafa Kamal, the tenure of three...
FE REPORT | 2023-08-10 00:00:00
The Editors' Council suggests that the government consult media stakeholders before finalising the draft Cyber Security Act (CSA) 2023 so the new law also doesn't play out to be counteractive to press freedom.In a statement, the Council Wednesday urged the...
JUBAIR HASAN | 2023-08-10 00:00:00
Bangladesh Bank's (BB) injection of high-powered money into the economy through devolvement of the government securities has been declining slowly in recent months, giving some respite amid the present high-inflation scenario.Bankers have pointed out a number of factors, like improvement...
FE REPORT | 2023-08-10 00:00:00
After several days of gloomy weather and continuous rainfall that disrupted both life and livelihoods, floodwaters began receding in the southeastern region on Wednesday, accompanied by bright sunshine. As the water levels dropped in districts including Chattogram, Cox's Bazar, Bandarban,...
FHM HUMAYAN KABIR | 2023-08-10 00:00:00
Alternative debt servicing for Rooppur nuclear power plant to skip US sanctions falters as Dhaka and Moscow couldn't yet execute a decision on payment in Chinese currency Yuan, insiders said Wednesday.The failure in finalisation of the loan repayment through byways-decided...
MONIRA MUNNI | 2023-08-10 00:00:00
Bangladesh's apparel export to the United States ebbed down during the first half of this year apparently as global economic slowdown, high inflation and rising interest rates dampened consumer demand.The ongoing sluggish economy induced by the twin crises of the...
Light to moderate rain /thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur and Chattogram divisions in the next 24 hours from 06:00 am today (Thursday), according to the Met Office.Day temperature may...
FE REPORT | 2023-08-10 00:00:00
The Appellate Division of the Supreme Court has stayed for eight weeks a High Court order that asked four accused in 20 cases filed in connection with the Basic Bank scam to surrender in the lower court concerned within six...
DU CORRESPONDENT | 2023-08-10 00:00:00
Students of Bangladesh University of Engineering and Technology (BUET) on Wednesday boycotted their classes and staged a demonstration in front of the vice-chancellor's (VC) office protesting against an expelled student's return to the campus. They also demanded cancellation of the...
A dance sequence of indigenous artistes at the Central Shaheed Minar in the city on Wednesday, marking the International Day of the World's Indigenous People-2023 — FE Photo
FE REPORT | 2023-08-10 00:00:00
Speakers in a webinar on Wednesday said proper action plan and the government's policy support would help include a substantial quantity of renewable energy in the national grid. But, before that, the government should review the existing policies on renewable...
A war crimes accused died at Dhaka Medical College Hospital on Wednesday, reports BSS.The deceased was Md Fajr Ali Gazi (71), of Kadamtala village in Shyamnagar upazila of Satkhira district and an accused in a case over crimes against humanity...
KUSHTIA, Aug 09 (UNB): A Swechchhasebak League leader who was seriously injured in an attack in Bheramara upazila of Kushtia on August 2 died on Wednesday while undergoing treatment at Dhaka Medical College Hospital (DMCH).The deceased was identified as Pramanik...
Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday left the city for Singapore to undergo his routine health check-up, reports BSS.A Biman Bangladesh Airlines flight (BG 0584) carrying the minister departed from Hazrat...
The High Court (HC) on Wednesday fixed August 14 for holding further hearing on a plea filed by BNP chairperson Begum Khaleda Zia challenging the lower court order that framed charges against her in Niko graft case, reports BSS.A High...
Indian High Commissioner in Bangladesh Pranay Verma visited Tungipara on Wednesday and paid his rich tributes to the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, reports UNB.He laid a wreath at the mausoleum of Bangabandhu, honouring his enduring legacy...
FE REPORT | 2023-08-10 00:00:00
Bangladesh Nationalist Party (BNP) will bring out mass processions in the capital tomorrow (Friday) simultaneously with other like-minded parties and allies to drum up support to their one-point demand - immediate resignation of the government to pave the way for...
BNP senior leader Ruhul Kabir Rizvi on Wednesday said the office of the Detective Branch (DB) of the Dhaka Metropolitan Police has now become a restaurant to have rice, reports UNB."The DB office has now become a hotel (restaurant) for...
Election Commissioner Anisur Rahman on Wednesday said the schedule of the 12th parliamentary election may be announced in November, reports UNB.Ballot papers will be sent to the polling stations on the morning of the election day except those in the...
WeWork on Tuesday warned of a possible bankruptcy after reporting yet another quarterly loss, in a stunning reversal of fortune for the shared workspace provider that was valued at $47 billion in 2019, reports Reuters.The SoftBank-backed firm is worth just...
BENGALURU, Aug 9 (Reuters): Inflows into Indian equity mutual funds rose for the 29th month in a row, but the inflows remain volatile as investors preferred small- and mid-cap funds due to stretched valuations in large-caps, data from the Association...
TOKYO, Aug 9 (Reuters): Apple and Samsung Electronics will invest in SoftBank Group -owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on Tuesday.Reuters reported in June that Arm was in talks...
Most major stock markets in the Gulf fell in early trade on Wednesday after data showed that China slipped into deflation in July, a negative sign for the world economic growth outlook, reports Reuters.Closely watched China data on Wednesday showed...
LONDON, Aug 9 (AFP): Global stock markets were mixed on Wednesday with Wall Street opening flat after European bourses rebounded with a mixed showing by Asia.Data revealed China slipped into deflation, compounding worries about the world's second biggest economy after...
TOKYO, Aug 09 (AFP): Japanese electronics giant Sony on Wednesday upgraded its annual sales and net profit forecasts, driven by strength in its music business and favourable foreign exchange rates.The conglomerate said its annual net profit for the year to...
BEIJING, Aug 09 (AFP): China slipped into deflation for the first time in more than two years in July, official data showed Wednesday, as slowing domestic spending weighs on the post-Covid economic recovery.The reading comes a day after news that...
NEW YORK, Aug 9 (Reuters): Rising US bond yields are unnerving investors and worsening stocks turbulence as markets confront a pileup of unwelcome news, from last week's downgrade of the US credit rating to revived worries over regional banks.Surging yields...
LONDON, Aug 9 (Reuters): Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global decoupling in the direction of interest rates.While the US Federal Reserve has delivered aggressive interest rate hikes since...
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