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Diplomats 'overreacting' to Bangladesh incidents, says Foreign Minister

FE REPORT | 2023-07-20 00:00:00

Foreign Minister Dr AK Abdul Momen on Wednesday came down heavily on a section of Dhaka-stationed diplomats apparently for their "overreaction" to the incidents in Bangladesh.While talking to reporters at the foreign ministry Wednesday, he said that the attack on...

Denmark offers $1.3b investment in offshore wind energy

2023-07-20 00:00:00

Denmark expressed its keenness to invest US$1.3 billion for the generation of offshore wind energy in Bangladesh, the country's outgoing ambassador Winnie Estrup Petersen said on Wednesday.The ambassador made the offer while paying a courtesy call on Prime Minister Sheikh...

Bangladesh may lose 1.7pc GDP yearly by 2037: Report

FE REPORT | 2023-07-20 00:00:00

Bangladesh may lose 1.7 per cent of Gross Domestic Product (GDP) annually by 2037 if it fails to adapt to the effects of a 3°C global warming, said a new report on Wednesday.In addition, in the long run, GDP may...

Trade bodies fear human catastrophe due to axing BSGI

FE DESK | 2023-07-20 00:00:00

Business leaders have expressed their deep concern about a possible disruption in smooth supply of wheat due to Russia's decision to axe the Black Sea Grain Initiative (BSGI) from Monday last."The discontinuation of BSGI will not only cause man-made human...

Growth ramped up to 6.0pc for FY23

FE REPORT | 2023-07-20 00:00:00

Policy support and export rebound lifted Bangladesh's economic growth in the past fiscal higher than the Asian Development Bank had predicted. The Bank now puts the rate at 6.0 per cent.The revised gross domestic product (GDP) growth in the just-past...

Spot suppliers forewarn of stopping LNG supply

M AZIZUR RAHMAN | 2023-07-20 00:00:00

At least two spot liquefied natural gas (LNG) suppliers have given Petrobangla three working days to clear their unpaid bills totalling around US$113 million or face supply halt, said sources. The spot suppliers who gave the cut-off time over the...

Dengue deaths, cases hit new highs

FE REPORT | 2023-07-20 00:00:00

Bangladesh Wednesday reported 19 deaths in dengue outbreak, the highest in a single day, taking the death toll to 146.The number of new cases also hit a new high of 1,792 as the mosquito-borne fever continued unabated countrywide, according to...

Weather (2023-07-20)

2023-07-20 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Thursday), according to the Met Office.The...

Appeal for help ---

2023-07-20 00:00:00

Mahmudul Hasan, a 20-year-old youth, has been suffering bilateral emphysema, a chronic pulmonary obstructive disease, for one year. He was also an SSC candidate in 2022. As his health condition worsened, he received treatment at various hospitals, including National Institute...

SSC, equivalent exam results on July 28

2023-07-20 00:00:00

Results of this year's Secondary School Certificate (SSC) and equivalent examinations will be published on July 28 (Friday), reports UNB.Dhaka Secondary and Higher Secondary Education Board Chairman Professor Tapan Kumar Sarkar made the announcement on Wednesday.This year's SSC and equivalent...

BD logs 42 more Covid cases

2023-07-20 00:00:00

Bangladesh reported 42 more Covid-19 cases in the 24 hours ontil Wednesday morning, reports UNB.With the new numbers, the country's total caseload rose to 2,043,772, according to the Directorate General of Health Services (DGHS).However, the official death toll from the...

PM inaugurates Akhaura-Laksam track today

MUNIMA SULTANA | 2023-07-20 00:00:00

The Dhaka-Chattogram rail corridor is set to get the second line more than 109 years after the first track was built there.Prime Minister will inaugurate the last section dual-gauge track from Akhaura to Laksam today (Thursday).With this, all trains between...

Outgoing Navy chief meets President

2023-07-20 00:00:00

Outgoing Navy Chief Admiral M Shaheen Iqbal met President Mohammed Shahabuddin on Tuesday, reports UNB.President's Press Secretary Joynal Abedin briefed reporters after the meeting.During the meeting at Bangabhaban, the outgoing Navy chief expressed his gratitude to the president for providing...

Prof Dr Md Abu Naim Sheikh and University Grants Commission of Bangladesh member

2023-07-20 00:00:00

Vice Chancellor of Sunamganj Science and Technology University Prof Dr Md Abu Naim Sheikh and University Grants Commission (UGC) of Bangladesh member (plan and development) Prof Dr Muhammed Alamgir, among others, attend a discussion at the UGC hall in the...

Char farmers adopt new tools to fight climate adversities

SM NAJMUS SAKIB | 2023-07-20 00:00:00

Extreme weather and frequent flooding have forced Lalmia, a farmer in remote Chargoraipear under Ulipur sub-district of northern Kurigram district, to change farming methods and crop patterns."A couple of years ago I used to cultivated paddy as my father did....

Ensure accountability in govt offices up to grassroots level: PM

2023-07-20 00:00:00

Prime Minister Sheikh Hasina on Wednesday asked the government officials to ensure accountability and work sincerely up to the grassroots level for the sake of the advancement of the country, reports UNB."Any tough situation can be overcome or even impossible...

690 BNP leaders, activists sued over clashes with police

2023-07-20 00:00:00

Several cases have been filed against 690 BNP leaders and activists in connection with Tuesday's clashes with police and Awami League in different district towns of the country, reports UNB.A case has been filed against 380 leaders and activists of...

BNP leaders and activists -

2023-07-20 00:00:00

BNP leaders and activists organised a march programme at Abdullahpur in the city on Wednesday — Focus Bangla

A view of the 'Peace and development procession'

2023-07-20 00:00:00

A view of the 'Peace and development procession' brought out by the Dhaka North City unit of Awami League at Satrasta intersection in the city on Wednesday — Focus Bangla

Five recent city polls neither competitive nor participatory: Shujan

FE REPORT | 2023-07-20 00:00:00

The recently-held five city corporation elections have neither been competitive nor participatory; rather they were merely a game of voting, a non-partisan citizens' platform observed on Wednesday.Shushashoner Jonno Nagorik (Shujan), or Citizens for Good Governance, said the overall present political...

BNP asks AL not to announce concurrent programmes

FE REPORT | 2023-07-20 00:00:00

The Bangladesh Nationalist Party (BNP) asked the ruling Awami League (AL) not to announce simultaneous political programmes to avoid political violence and traffic disruptions, particularly in Dhaka.Before marching from Uttara's Abdullahpur towards Jatrabari in the capital on Wednesday, BNP Standing...

US not concerned about caretaker govt issue: Quader

2023-07-20 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Wednesday said the US has no headache over the BNP's demand for a caretaker government CG) to hold the next parliamentary elections, reports BSS."The US said they have no headache over caretaker...

Most Gulf markets gain in early trade

2023-07-20 00:00:00

Most major stock markets in the Gulf rose in early trade on Wednesday, as US data stoked hopes the world's biggest economy can avoid recession, although volatile energy prices limited gains, reports Reuters.Saudi Arabia's benchmark index edged 0.1 per cent,...

Indian shares extend record rally on earnings boost

2023-07-20 00:00:00

BENGALURU, July 19 (Reuters): Indian shares rose for the fifth straight day on Wednesday, aided by a late-session resurgence in Reliance and an uptick in banking and media stocks on strong quarterly earnings.The Nifty 50 index closed 0.42 per cent...

Global stocks climb, sterling weighed down as UK inflation slows

2023-07-20 00:00:00

LONDON, SYDNEY, July 19 (Reuters): Global stocks and government bonds rallied on Wednesday as good news on UK inflation added to a picture of cooling price pressures, although the data slammed the brakes on sterling's recent winning streak.Headline British consumer...

US bank shares jump on interest income and deals optimism, but outlook mixed

2023-07-20 00:00:00

Big US banks on Tuesday said higher interest rates had helped boost profits in the second quarter, causing shares to spike, but a pullback in consumer spending, slower loan growth and increased deposit costs may cloud the outlook for the...

China's bad first half gets investors hopeful and interested

2023-07-20 00:00:00

China's disappointing first half has the economy ripe for some help, and investors are preparing to ride an expected short-term wave of stimulus, even if structural problems look to hold back a sustainable rally, reports Reuters.The latest data this week...

Chip tech leader ASML sales jump despite US-China spat

2023-07-20 00:00:00

THE HAGUE, July 19 (AFP): Dutch chip-making machine supplier ASML reported Wednesday a jump in second-quarter sales, shrugging off a tech war over semiconductors between the United States and China.ASML, which produces the lithography equipment that makes semiconductors, said turnover...

IMF urges Pakistan to continue monetary policy tightening cycle

2023-07-20 00:00:00

KARACHI, Pakistan, July 19 (Reuters): Pakistan must continue its monetary tightening cycle, the International Monetary Fund (IMF) said in a staff report on Tuesday, a week after the lender approved a new bailout arrangement and less than two weeks before...

First-gen iPhone sells at auction for $190K

2023-07-20 00:00:00

WASHINGTON, July 19 (AP): A first-generation iPhone has sold at auction for $190,373, almost 380 times its original price of $499 when the groundbreaking device went for sale in 2007.LCG Auctions, which hosted Sunday's sale, said the 4GB iPhone model...