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Field admin asked to monitor rawhide trading during Eid

FE REPORT | 2023-06-24 00:00:00

The government has instructed divisional commissioners and district-level deputy commissioners to monitor the overall management of rawhide trades, including the preservation and transportation of the skins of sacrificial animals during Eid-ul-Azha, according to sources.The divisional commissioner is the chief bureaucratic...

Hindus leaving country for lack of security: Gayeshwar

2023-06-24 00:00:00

BNP standing committee member Gayeshwar Chandra Roy on Friday alleged that the Hindus, the largest religious minority in Bangladesh, are gradually leaving the country for lack of security, reports UNB."People of all classes and professions, regardless of religion and caste,...

AL regime has lost support at home and abroad, claims Fakhrul

2023-06-24 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Friday said neither the country's people nor the international community support the current Awami League regime. Speaking at a road march programme in the capital, he also said it is now clear...

AL's leadership brought country's independence, says Hasan

2023-06-24 00:00:00

Information and Broadcasting Minister and Awami League (AL) Joint General Secretary Dr Hasan Mahmud on Friday said the biggest achievement of the AL, which is involved in every achievement of the Bangalees, is bringing independence for the country, reports BSS.The...

AL pays tributes to Bangabandhu marking its 74th founding anniv

2023-06-24 00:00:00

Leaders and activists of the ruling Awami League (AL) and its associate bodies on Friday paid rich tributes to the portrait of Bangabandhu Sheikh Mujibur Rahman in front of Bangabandhu Bhaban at Dhanmondi in the city on Friday marking the...

Asia markets fall across the board

2023-06-24 00:00:00

Asia-Pacific markets were lower on Friday as investors look to inflation data out of Japan and Singapore, as well as flash estimates from the au Jibun bank on Japan's manufacturing and services activity, reports CNBC.Hong Kong's Hang Seng index slid...

22nd AGM of Jamuna Bank held virtually

2023-06-24 00:00:00

The 22nd annual general meeting (AGM) of Jamuna Bank Ltd was held virtually at the Corporate Head Office of the bank on Wednesday. Md Saidul Islam, Chairman of the Board of Directors of the bank, presided over the meeting. At...

Global equity funds see $15b in outflows on rate hike worries

2023-06-24 00:00:00

Global equity funds suffered substantial outflows during the seven days to June 21 amid concerns over borrowing costs staying higher for longer as the European Central Bank raised interest rates and the Federal Reserve signalled more hikes, reports Reuters.Investors withdrew...

Ten firms grab 22pc of weekly turnover on DSE

FE REPORT | 2023-06-24 00:00:00

The ten most-traded firms accounted for nearly 22 per cent of the turnover on the Dhaka Stock Exchange (DSE) in the outgoing week, with life insurers dominating the turnover list.Investors were mostly active in the life insurance sector, capturing 20...

Stocks rebound despite tight monetary policy

FE REPORT | 2023-06-24 00:00:00

Stocks rebounded in the week to Thursday, paring half of the steep losses from the previous week despite the announcement of tight monetary policy.The Bangladesh Bank unveiled the monetary policy for the first half of the next fiscal year on...

News in Brief (2023-06-24)

2023-06-24 00:00:00

19 dead, thousands seek shelter in South Asia monsoon floodsKATHMANDU, June 23: At least 19 people are dead after floods triggered by South Asia's annual monsoon, with a week of relentless rains forcing thousands of people to seek shelter in...

Beijing issues highest heat alert as north China swelters

2023-06-24 00:00:00

BEIJING, JUne 23 (AFP): China issued its highest-level heat alert for northern parts of the country on Friday as the capital baked in temperatures hovering around 40 degrees Celsius (104 Fahrenheit).A day earlier Beijing logged its hottest June day since...

Republicans launch push to impeach Biden

2023-06-24 00:00:00

WASHINGTON, June 23 (AFP): Republicans voted Thursday to kickstart the formalities that could lead to Joe Biden's impeachment, as far right lawmakers sought to seize the-party's agenda and escalate a bitter standoff with the US president.The Republican-controlled House of Representatives...

Russia asks IAEA to ensure Zaporizhzhia nuclear plant security

2023-06-24 00:00:00

MOSCOW, June 23 (Arab News): Russia urged the International Atomic Energy Agency on Friday to ensure Ukraine does not shell the Zaporizhzhia nuclear power plant, saying it was otherwise operating safely.Alexei Likhachev, chief executive of the Russian state nuclear energy...

UN slams Israel's use of 'advanced military weaponry' in Jenin

2023-06-24 00:00:00

GENEVA, June 23 (Arab News)/ Al Jazeera): The violence in the occupied West Bank "risks spiralling out of control", according to the United Nations human rights chief who condemned Israel's use of deadly force in a raid in the Jenin...

How Modi, Biden turbocharged India-US ties

2023-06-24 00:00:00

WASHINGTON, June 23 (BBC/REuters): Following a lavish state visit by Indian Prime Minister Narendra Modi to Washington, US President Joe Biden has called his country's partnership with India among the "most consequential in the world". The BBC's Vikas Pandey and...

Rich nations pledge hundreds of billions for climate fight

2023-06-24 00:00:00

PARIS, June 23 (Reuters): Multilateral development banks like the World Bank are expected to find $200 billion in extra firepower for low-income economies by taking on more risk, a move that may require wealthy nations to inject more cash, world...

Current challenges

Md. Abdul Jabbar | 2023-06-24 00:00:00

We are currently facing many challenges. As a result of the shortage of foreign exchange reserves, electricity, gas, etc., the life of common people has become miserable, a deadlock-like situation has been created in trade and commerce. The unemployment rate...

Of animal sacrifice and locally grown cattle

Nilratan Halder | 2023-06-24 00:00:00

There is hardly any occasion other than the Eid-ul-Adha for which farmers --- cattle raisers to be precise --- take such a long preparation for marketing the saleable. Most varieties of agricultural produce takes a year at best to be...

JS body decides to present compiled report on Food Act

2023-06-24 00:00:00

The parliamentary standing committee on the Ministry of Food has decided to present a compiled report on a recently placed proposed food act before the parliament, reports BSS.The decision was taken by the committee at its 10th meeting held at...

Sri Lanka set to start tea-for-oil barter with Iran next month

2023-06-24 00:00:00

Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a key market...

MNT seed lab gets ISTA accreditation

FE REPORT | 2023-06-24 00:00:00

MNT Seed Testing Laboratory, a sister concern of Lal Teer Seed Limited (LTSL), has become the country's first entity to get accreditation from International Seed Testing Association (ISTA).The information was revealed at a press conference, organised by LTSL at its...

Ctg Ring Road project schedule extended again

NAZIMUDDIN SHYAMOL | 2023-06-24 00:00:00

CHATTOGRAM, June 22: Cost and time of the project to construct the Coastal Road, popularly known as Ring Road, have been extended again.The road construction was almost completed. But, the Chattogram Development Authority (CDA) is going to construct a junction...

Tipu Munshi visits stalls after inaugurating three-day Bhutan Trade and Investment Fair

2023-06-24 00:00:00

Commerce Minister Tipu Munshi visits stalls after inaugurating the three-day Bhutan Trade and Investment Fair at Gulshan Shooting Complex in Dhaka on Friday. — Focus Bangla

Single-point mooring awaits oil shipment ahead of trial run

2023-06-24 00:00:00

The long-awaited single-point mooring-an offshore bouy designed to pump and siphon imported crude oil to a storage facility-is set to partially start operations off the coast of Cox's Bazar's Moheshkhali, reports bdnews24.com.Officials at the Bangladesh Petroleum Corporation and Eastern Refinery...

UK economy falters on cost-of-living crisis

2023-06-24 00:00:00

LONDON, June 23 (AFP): UK private-sector growth has slowed to a three-month low as soaring interest rates and stubbornly high inflation fuelled by rising food prices worsens a cost-of-living crisis, data showed Friday.It comes as the UK government announced help...

Thai Airways could double narrow-body plane fleet over next decade, CEO says

2023-06-24 00:00:00

BANGKOK, June 23 (Reuters): Thai Airways aims to finalise a deal to buy at least 30 new aircraft by the end of the year and could double its fleet of narrow-body jets over the next decade, its chief executive said...

Gold set for biggest weekly drop since Feb on hawkish Fed

2023-06-24 00:00:00

Gold prices were en route to their worst week since early February on Friday as the dollar strengthened after US Federal Reserve Chief Jerome Powell reiterated that more interest rate hikes were in the offing, reports Reuters. Spot gold was...

Oil resumes slide on demand worries after latest rate hikes

2023-06-24 00:00:00

LONDON, June 23 (Reuters): Oil dropped over 2.0 per cent on Friday and was heading for a weekly decline, as a UK interest rate hike added to concern over economic growth that outweighed lower U.S. crude stocks and other signs...

England call up teenager Ahmed to Ashes squad

2023-06-24 00:00:00

LONDON, June 23 (AFP): Teenage leg-spinner Rehan Ahmed has been added to England's squad for the second Ashes Test against Australia as cover for Moeen Ali.Ahmed, 18, became the youngest man to play Test cricket for England when he was...