JASIM UDDIN HAROON | 2023-12-09 00:00:00
The government has approved guidelines for introducing insurance products through commercial banks, according to official documents, as bancassurance is expected to serve as a shot in the arm for the country's insurance sector. Previously, two regulators -- the Insurance Development...
FE REPORT | 2023-12-09 00:00:00
Bangladesh's tax policy is counterproductive and doesn't encourage investment and productivity, Dr Mashiur Rahman said at a meet Friday, as other economists echoed and all suggested urgent reforms. "Maybe, we are doing taxation in a way counterproductive in the sense...
Although winter is just around the corner, dengue is still here and taking a heavy toll on public health every day. The disease seems to have now become a yearlong endemic. Dengue cases can be found across Bangladesh throughout the...
Incidents of fire-related disasters often take place in Old Dhaka. This part of the city houses around 500 chemical warehouses and factories. However, these risky business is done in densely-populated residential areas. As a result, a number of tragic fire...
Tanim Asjad | 2023-12-09 00:00:00
A ten-year-old schoolgirl loves to read books passionately. Her parents are puzzled as the girl spares no time to read whatever book is available to her. She borrows as many books as possible from the school library at a time....
Afsana Binte Khaleque | 2023-12-09 00:00:00
The enchanting beauty of the Sundarbans mangrove forest hides a harsh reality. This UNESCO World Heritage site, spanning the delta of the Ganges, Brahmaputra, and Meghna rivers, is not only a treasure trove of biodiversity but also the lifeline of...
Growing income inequality in Bangladesh society is so glaringly evident that it hardly requires any research to discover it. Even so, there is no denying the importance of a scientific approach to know exactly how income disparity is distributed among...
Mirza Manbira Sultana, Munir Ahmed and Doris Macharia | 2023-12-09 00:00:00
According to the World Health Organization's (WHO's) first World Vision Report, more than a quarter of the world's population - 2.2 billion people worldwide - suffer from vision impairment, of which one billion cases could have been prevented or are...
Nilratan Halder | 2023-12-09 00:00:00
Today's quinquagenarians, sexagenarians and septuagenarians were children, teenagers or youths these days back in 1971. Octogenarians, if of course they are fortunate to live this long, were mostly in the prime of their youth or in their early mid-life. Compared...
LONDON, Dec 8 (Reuters): Copper prices extended their rebound on Friday, lifted by firm demand in top metals market China and hopes for interest rate cuts next year that would boost the global economy.Three-month copper on the London Metal Exchange...
Hong Kong's Cathay Pacific Airways said on Friday it has placed a firm order to purchase six Airbus A350 freighters with a list price of $2.71 billion, as it replaces its ageing Boeing 747 cargo jets, reports Reuters.Cathay, which has...
LONDON, Dec 8 (Reuters): Oil benchmarks were on track for a seven-week decline on Friday, their first in half a decade, on worries about a supply surplus and weak Chinese demand, though prices rebounded after Saudi Arabia and Russia lobbied...
Gold prices were flat on Friday, as markets looked forward to the crucial US jobs data for more clues on the Federal Reserve's monetary policy decision, although a firmer dollar kept bullion on track for its first weekly fall in...
Nilratan Halder | 2023-12-08 12:00:00
In his scholarly keynote dissertation presented at a programme marking the 63rd anniversary of the International Centre for Diarrhoeal Disease Research, Bangladesh (ICDDR,B), renowned economist Dr Binayak Sen notes with concern the emergence of two societies in one nation. Titled...
ABIDJAN, Dec 7 (Reuters): Ivory Coast's cocoa regulator, the Cocoa-Coffee Council (CCC), has halted sales of cocoa export contracts for the 2024/25 season due to concerns about low output, two CCC sources told Reuters.The CCC has sold between 950,000 and...
Gold prices climbed on Thursday, buoyed by a weakness in the dollar and Treasury yields, with investors awaiting crucial US payrolls data that could help ascertain the Federal Reserve's interest rate trajectory, reports Reuters.Spot gold rose 0.4 per cent to...
LONDON, Dec 7 (Reuters): Oil prices reclaimed some ground on Thursday after tumbling to a six-month low the previous day, but investors remained concerned about sluggish demand in the US and China.Brent crude futures were up 52 cents, or 0.7...
Scott Murdoch, Emily Chow and Lewis Jackson | 2023-12-08 00:00:00
SYDNEY, Dec 7 (Reuters): Australia's Woodside Energy and Santos said on Thursday they were in preliminary talks to create an A$80 billion ($52 billion) global oil and gas giant, as consolidation among international energy firms intensifies.Combining two of Australia's largest...
BENGALURU, Dec 7 (Reuters): India's benchmark indexes fell on Thursday after rallying for seven consecutive sessions, as investors took a breather a day before the Reserve Bank of India's (RBI) monetary policy decision.The NSE Nifty 50 index shed 0.17 per...
Gaurav Dogra and Patturaja Murugaboopathy | 2023-12-08 00:00:00
Dec 7 (Reuters): Asian equities attracted substantial foreign investment in November, signalling the prospects of continued inflows next year, bolstered by a decrease in U.S. Treasury yields and rising optimism for potential Federal Reserve rate cuts.According to data from stock...
BEIJING, Dec 7 (Reuters): China said on Thursday that Biden administration plans to limit Chinese content in batteries eligible for generous electric vehicle tax credits from next year violate international trade norms and will disrupt global supply chains.The plans will...
BEIJING, Dec 7 (Reuters): China-Russia trade hit $218.2 billion during January-November, Chinese customs data showed on Thursday, achieving the goal that had been set by the two countries in 2019 a year ahead of schedule.The two-way trade value in the...
LONDON, Dec 7 (Reuters): Copper prices rose in London on Thursday, halting a three-session run of declines, helped by strong Chinese export data and a weaker dollar, though other factors capped gains.Three-month copper on the London Metal Exchange (LME) edged...
Bangladesh Krishi Bank (BKB) celebrated the successful conclusion of its 100-day special programme, a strategic initiative launched by its Managing Director Md Shawkat Ali Khan. The programme, that began on August 23 and concluded on November 30, aimed to fortify...
Bashundhara Housing has been recognised as the 'most innovative property development firm' as it won the 'World Business Outlook Award 2023' at a global award ceremony held in Bangkok recently. Deputy Director General of Thailand Department of International Trade Promotion...
Alauddin, an automechanic from Chowmuhani under Begumganj upazila of Noakhali district, has received a cash voucher worth Tk 100,000 after he had purchased a Marcel-brand refrigerator. He was awarded the cash voucher as per the customer benefits declared in the...
The Structural Engineers Ltd. (SEL) celebrated its 40 years in the construction and housing industry with a programme held at the SEL Orchard Point at Dhanmondi in the city recently. Engineer Mohammad Abdul Awal, Managing Director, Mohammad Abdur Rahman (Shafi),...
Southeast Bank successfully conducted its fourth quarter "Business Review Meeting- 2023" recently. Nuruddin Md. Sadeque Hossain, managing director of the bank, presided over the conference. Senior Executives from head office, heads of branches, in-charges of sub-branches and heads of the...
Rupali Bank Ltd opens an ATM booth at Sherpur Town Corporate Branch in Sherpur. Mohammad Jahangir, managing director and CEO of the bank, inaugurated the booth recently. GM of Mymensingh Divisional Office Iqbal Hossain Khan and DGM of Jamalpur Zone...
Mercantile Bank organised a day-long workshop on cluster-based finance in Rangamati recently. A.B.M. Zohurul Huda, executive director of the Bangladesh Bank, Chattogram office, inaugurated the workshop as chief guest. Md. Zakir Hossain, DMD & head of Chattogram zonal office, Mercantile...
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