Hasnat Abdul Hye | 2023-12-12 00:00:00
Premature babies gasping for breath in a bombed-out hospital without functioning incubators, a father collecting the pieces of what was once his child from the shell-shocked streets, a blood covered garment of a young girl camouflaging her body beyond recognition,...
The 28th UN climate summit, COP28, has begun in the UAE's Dubai. Officially, COP 28 stands for the 28th meeting of the Conference of the Parties (COP) to the UNFCCC (United Nations Framework Convention on Climate Change). This yearly summit,...
Almost every year onion makes headlines in Bangladesh for outrageous increases in its price. This year is no exception. The prices of onion have recently increased by Tk 100 or more per kilogram overnight as traders began stockpiling following a...
Syed Fattahul Alim | 2023-12-12 00:00:00
It is common knowledge that people cry when they chop onions. But in Bangladesh, even a look at this essential kitchen item at the grocer's can bring tears to a buyer's eyes. Why that is so everyone knows here. And...
Afsan Chowdhury | 2023-12-12 00:00:00
In Bangladesh, like elsewhere migration plays a significant role in society and economy. Considering that reality, neither data management to support policy making and field level implementation is of quality. It is not looking at the present with the urgency...
If the announcement of an official embargo on export of a commodity or its extension by a country triggers an outright double price escalation overnight and two and a half times the following day in another country, it is a...
DUBAI, Dec 10 (Reuters): Russia said on Saturday it was looking into whether its frozen gold reserves, taken after Russia invaded Ukraine, could be used to fund the climate damage fund to help developing countries.In what looked like an attempt...
West Indies have named seamer Matthew Forde in their T20 squad for the first time as part of a 15-man squad to face England in the first three matches of this month's five-game series, report agencies.The 21-year-old Barbadian recently received...
Bangladesh Awami League (AL) will hold a joint meeting with Dhaka city south and north units of the party and its associate bodies' presidents and general secretaries in the party's central Bangabandhu Avenue office in the city at 4:00 pm...
Insurance companies will have reasons to prepare themselves for a much cherished celebration, as the government, according to a report published in this paper a couple of days back, has approved guidelines for selling their products through banks, technically known...
RIYADH, Dec 10 (Arab News): Further improvement in Oman's debt burden led US-based Moody's Investors Service to upgrade its credit rating for the second consecutive time this year from "Ba2" to "Ba1". The upgrade in rating is attributed to improvements...
FRANKFURT, Dec 10 (Reuters): Automotive supplier Bosch (ROBG.UL) needs to cut up to 1,500 jobs at two of its German sites by 2025 to adapt staffing levels to changing demand and technologies in the auto sector, the company said on...
DUBAI, Dec 10 (AP): The European Union's plan to impose a tax on the carbon pollution emitted to make goods imported from countries like India and China has sparked a debate at the United Nations climate conference in Dubai, as...
BRUSSELS, Dec 10 (Reuters): Alphabet's Google on Friday criticised a potential order from EU antitrust regulators to sell part of its lucrative adtech business, saying it was disproportionate and not right for its advertising partners.The comments from Google's director Oliver...
SHANGHAI, Dec 10 (Reuters): China's securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the...
China's securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the $3.8 trillion mutual fund...
A corporate agreement has been signed between Union Bank PLC and Yashoda Hospitals, Hyderabad, India at the bank's Head Office in Dhaka recently. Under this agreement, the employees of the bank and their dependents and the clients having Visa Debit...
The 385th Board Meeting of Standard Bank Limited was held at the bank's Gulshan Office in Dhaka recently. Chairman of the bank Kazi Akram Uddin Ahmed presided over the meeting. Managing Director & CEO Md. Habibur Rahman was also present.
Pubali Bank organised "Annual Risk Conference -2023" recently at its head office. Mohammad Ali, MD & CEO of Pubali Bank, inaugurated the programme. Md. Zabdul Islam, director, department of offsite supervision Bangladesh Bank; deputy managing directors of Pubali Bank --...
Mercantile Bank signed an agreement, Bangladesh Bank-Long Term Financing Facility, with the central bank. Md. Quamrul Islam Chowdhury, managing director and CEO of Mercantile Bank, and Liza Fahmida, director of the financial sector support and strategic planning department of the...
The 122nd meeting of the executive committee of Modhumoti Bank Limited was held virtually on Saturday. The meeting was presided by committee chairman, barrister Sheikh Fazle Noor Taposh. Among others, Managing Director of Sharmin Group Mr. Mohammad Ismail Hossain, Chairman...
RIYADH, Dec 10 (Arab News): Direct investment opportunities between Saudi Arabia and Hong Kong are set to grow after a new agreement was inked.A memorandum of understanding focusing on greater cooperation across funding avenues was signed in the Asian city...
A unique initiative of growing crops using disposed plastic bottles has been introduced in Bangladesh recently. Meghna Group of Industries (MGI), one of the leading conglomerates of Bangladesh, has taken the initiative as part of their corporate social responsibility in...
FE REPORT | 2023-12-11 00:00:00
Saif Powertec is going to form a subsidiary -- Innovative Logistics & Shipping -- in order to branch out into trading in commodities and farming. The country's lone terminal operator set Tk 25.50 million as initial investment for the business...
FARHAN FARDAUS | 2023-12-11 00:00:00
Deshbandhu Group, one of the largest conglomerates in the country, is set to merge publicly-traded Deshbandhu Polymer with its three other non-listed companies for what it says is strengthening of fundamentals. According to a disclosure on Sunday, the merger scheme...
CAIRO, Dec 10 (Arab News): Saudi-based biotech startup Green Desert SA is aiming to boost the Kingdom's sustainability with a fresh line of industrial hemp products.Founded in 2020 by Abdulhadi Al-Amer and Lucas Dietrich, GD was built on the foundation...
WASHINGTON, Dec 10 (BBC): Jobs growth in the US was stronger than expected last month, in part boosted as striking workers in Hollywood and the car industry returned to work.Employers added 199,000 jobs in November, the Labor Department said.That helped...
SYDNEY, Dec 10 (AFP): Australia will impose a dramatic rise in fees on foreign buyers of existing homes who leave them empty, the government said Sunday as it tries to ease a rental crisis.The centre-left Labour government said it would...
HANOI, Dec 10 (Reuters): Nvidia wishes to establish a base in Vietnam to develop the country's semiconductor industry as it considers the Vietnamese market an important one, the Vietnamese government said, citing the US chipmaker's chief executive.In his first visit...
DUBAI, Dec 10 (Reuters): A raft of new pledges announced at the COP28 climate summit -- from tripling renewables to reining in methane emissions -- won't be enough on their own to limit global warming to 1.5 degrees Celsius, the...
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