LONDON, June 16 (AFP): Britain's Competi-tion and Markets Authority regulator said Friday it has approved Amazon's $1.7-billion purchase of iRobot, the US maker of robotic vacuum Roomba.The CMA "has now concluded that the deal would not lead to competition concerns...
LONDON, June 16 (AFP): British supermarket giant Tesco said Friday there are "encouraging early signs" of easing inflation, but customers are still looking to save cash in a cost-of-living crisis.Recent data showed UK inflation slowed to a 13-month low in...
WROCLAW, Poland/STOCKHOLM, June 16 (Reuters): Intel is to invest up to $4.6 billion in a new semiconductor assembly and test facility near Wroc?aw, Poland, as part of a multi-billion-dollar investment drive across Europe to build chip capacity, it said on...
The Bangladesh Bank (BB) will announce its monetary policy statement (MPS) on Sunday for the first half of the fiscal year 2023-24, reports BSS.BB Governor Abdur Rouf Talukder will announce the MPS at a press conference at the central bank...
ISLAMABAD, Jun 16 (AP) : The International Monetary Fund slammed Pakistan's government on Thursday over its proposal for the new annual budget, saying it failed to implement a more fair tax system in the draft.The harsh criticism by Esther Perez...
BEIJING, June 16 (AFP): US chipmaker Micron said Friday it would invest more than $600 million in a packing and testing factory in northern China, less than a month after Beijing banned its chips from critical infrastructure projects.In a WeChat...
NAZIMUDDIN SHYAMOL | 2023-06-17 00:00:00
CHATTOGRAM, June 16: The trial run of train on Chattogram-Dohazari-Cox's Bazar-Ghumdhum (CDCG) rail line is expected to begin inSeptember this year as the construction work of the project is going on in full swing. Project Director of the CDCG train...
Prospective sponsors are barred from acquiring an ownership stake in a digital bank using borrowed funds, according to the Bangladesh Bank's guidelines, reports bdnews24.com.Loan defaulters are also prohibited from becoming an owner or a shareholder of such an institution, even...
Delta Air Lines said on Thursday it would pay a quarterly dividend, resuming a payout that the carrier had suspended in March 2020 during the Covid-19 pandemic, reports Reuters.The dividend, of $0.10 per share, will be paid on Aug 7...
Gold rose on Friday as the dollar hovered near a month's low, but expectations of more US interest rate hikes this year capped gains, reports Reuters. Spot gold gained 0.5 per cent to $1,967.29 per ounce by 1217 GMT, en...
LONDON, June 16 (Reuters): Oil steadied on Friday, on course for a weekly gain, as a market outlook tightened by higher Chinese demand and OPEC+ supply cuts was balanced by expected weakness in the global economy with the prospect of...
IG Chowdhury | 2023-06-17 00:00:00
Sixties were a wonderful time to be in Dhaka. The roads were quiet. Most areas had plenty of trees to make the air pleasantly scented. In spring the area around Ramna Park was ablaze with the red colour of Krishnachura....
Promila Devi Arora | 2023-06-17 00:00:00
Dr Abu Ishahaq Hossain, a bilingual writer, poet, researcher, translator, lyricist and television programme presenter of Bangladesh, has twenty five books to his credit. While reading his anthologies 'Sense Off Sense' and 'Poet Prophet Lover' one feels going through a...
Nilratan Halder | 2023-06-17 00:00:00
The month-long Brikkho Mela (tree fair) got off to a promising start with arboriculture and enthusiasm for plant life --- by extension Nature --- of the urban people finding a meeting place in the capital's Agargaon. While nurseries and arboreal...
FARO, Portugal, June 16 (AFP): Kylian Mbappe on Thursday said staying at Paris Saint-Germain was his "only option for now" after the France superstar told the club he would not be extending his contract beyond 2024."I've already answered this question,...
Bangladesh will host the Indian women's team for a white-ball series in July. Shafiul Alam Chowdhury Nadel, Bangladesh Cricket Board's women's wing chairman, confirmed the development to the online sports portal Cricbuzz.It will be the first time in 11 years...
ENSCHEDE, Netherlands, June 16 (AP): Midfielder Rodri's goal in Istanbul secured Manchester City's first Champions League title on Saturday played another key role as Spain beat European champion Italy 2-1 on Thursday to advance to the Nations League final against...
PARIS, June 16 (Agencies): Two-time champions West Indies and 1996 winners Sri Lanka are among 10 teams competing for the final two spots at this year's Cricket World Cup in India.The 10 teams will now have to compete in the...
Afghanistan lost two quick wickets Friday, trailing Bangladesh by 616 runs at stumps after centuries from Najmul Hossain and Mominul Haque gave the hosts a third straight day of dominance in their one-off Test.Bangladesh declared their second innings at 425-4...
Dhaka city dwellers do not seem to be keen on using foot over-bridges. Rather, they are often seen crossing busy roads risking their lives. There are many fully functional foot-bridges in the capital. But pedestrians' reluctance to use over-bridges is...
Most bank customers are nowadays young in age. So they are tech-savvy, too. They seek both convenience and safety from banks spending a minimal amount of time. As these customers are more adapted to technology, they seek digitalisation in banking....
Sudip Adhikary | 2023-06-17 00:00:00
It was June 02, 1991, when one of the most important sources of tax revenue in Bangladesh - Value Added Tax- was introduced, as a replacement of Sales Tax. Since then, business organisations had to manually submit hard copies of...
Amid all the available indications that the dengue situation in the coming months might become worse, Health Minister Zahid Maleque, while speaking at a function organised to mark the World Malaria Day on Thursday in Dhaka, found the efforts of...
Afsan Chowdhury | 2023-06-17 00:00:00
Migration as reported in Bangladesh media is all about bringing home dollars. Since dollars went short remittance is what it's all about. However, there is a global cloud hanging over migration as many countries are becoming less interested in the...
FE REPORT | 2023-06-16 12:00:00
Himadri Ltd, which operates six potato cold storage facilities in northern Bangladesh, has been flying high on the SME board of the Dhaka Stock Exchange without any valid reason.The little-known SME stock skyrocketed 783 per cent in just seven weeks...
OUR CORRESPONDENT | 2023-06-16 12:00:00
COX'S BAZAR, June 15: A yellow-bellied snake has washed up ashore at Sugandha Point of Cox's Bazar beach. With yellow colour belly, upper part of the creature's body is black while its rest part is also yellow. The snake was...
The performance in an examination may not be the true reflection of a student's ability. But it is the closest indicator to evaluate him/her. It also measures competence in a particular topic, and helps predict one's future success. Therefore, we...
Nilratan Halder | 2023-06-16 12:00:00
The North Atlantic Treaty Organisation (NATO) has currently been holding its biggest ever airpower showdown, dubbed "Air Defender 23" since its inception 74 years ago. Starting on June 12, the air exercise will conclude on June 23, surprisingly with Germany...
The interbank exchange rate of the US dollar jumped to the highest ever Tk 109 in the banking channel amid the scarcity of foreign currency, reports UNB.Bangladesh Bank (BB) on Thursday revealed the data that interbank transactions occurred at Tk...
Police arrested two physicians of a private hospital in a case over the death of a newborn baby and critical condition of its mother due to an alleged wrong treatment in the capital's Dhanmondi area, reports UNB.The arrestees-Dr Shahjadi and...
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