Finance Minister AHM Mustafa Kamal Monday said participating in G-20 is a unique opportunity for Bangladesh to be part of global decision-making process, reports BSS."The slogan of this year's G-20 Summit is 'One World, One Family, One Future'. The ongoing...
MONIRA MUNNI | 2023-07-18 00:00:00
A combination of factors, including the ongoing Russia-Ukraine war-led sluggish demand, excess post-Covid inventory and a local gas-price hike, has significantly impacted the home textile sector in the country, industry insiders said. The sector, which raked in $1.63 billion in...
Regulator to fast-track maiden commodity exchange launch The BSEC is set to approve the draft rules of the country's maiden commodity exchange this month to fast-track the launching of the exchange. The final approval will, however, come from the regulator...
FE REPORT | 2023-07-18 00:00:00
The dengue situation has worsened sharply as eight more people died of the mosquito-borne disease in last 24 hours until Monday morning.It is the highest single-day dengue deaths of this year, taking this year's total death toll to 114. At...
YASIR WARDAD | 2023-07-18 00:00:00
Local wheat suppliers expressed concern about smooth supply of wheat flour following Russia's decision to axe the Black Sea Grain Initiative (BSGI) on Monday. Minutes after the Kremlin announced that the deal had "de facto ended", wheat prices experienced a...
JUBAIR HASAN | 2023-07-18 00:00:00
A record government borrowing in recent months has helped Bangladesh Bank's reserve money grow by 5.27 per cent as of last May.Economists and bankers, however, are of the opinion that the net domestic-asset part of the reserve money or RM...
The cabinet on Monday approved the proposal for ratification of the agreement on the New Development Bank (NDB), a multilateral bank established by the BRICS states, reports UNB.The approval came from the cabinet meeting chaired by Prime Minister Sheikh Hasina...
MIR MOSTAFIZUR RAHAMAN | 2023-07-18 00:00:00
Bangladesh's maiden maritime runway on the bay beach will be operational by December for hosting international tourist flights as the project may be completed ahead of time, sources said.The US$185-million project was taken up for upgrading the Cox's Bazar airport...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Khulna, Barishal, Chattogram and Dhaka divisions in the next 24 hours from 06:00 am today (Tuesday), according to the Met Office.It may...
Bangladesh reported one more COVID-19-linked death and 80 fresh cases in 24 hours until Monday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,465 and caseload to 2,043,657, according to the Directorate General of Health Services...
Javed Muneer Ahmad, chairman of North South University's Board of Trustees (BOT), Yasmin Kamal, BOT member, Dr Ahmed Tazmeen, NSU's Registrar, among others, were present at an orientation programme of summer semester for undergraduate (honours) degrees students on the university...
JU CORRESPONDENT | 2023-07-18 00:00:00
Contractual employees of Jahangirnagar University (JU) on Monday started a sit-in strike on the campus demanding a permanent employment. They said that they will continue this programme until they receive a written assurance of their permanent employment.The sit-in strike began...
Physicians enrolled in postgraduate programmes at Bangabandhu Sheikh Mujib Medical University (BSMMU) and Bangladesh College of Physicians and Surgeons (BCPS) have once again taken to the streets to demand a higher monthly allowance after rejecting a Tk 5,000 increase to...
Prime Minister (PM) Sheikh Hasina on Monday received Kalabati sarees and handicrafts made from banana plant fibre, reports UNB.Bandarban Deputy Commissioner Yasmin Parveen Tibriji handed over three such sarees and two jewellery boxes to the PM at the cabinet room...
FE REPORT | 2023-07-18 00:00:00
The government has doubled the permissible level of particulate matters in the air in order to portray low air pollution in Bangladesh, environmental experts alleged on Monday.The World Health Organisation (WHO) has reduced the standard level of air to 5.0...
Information and Broadcasting Minister Dr Hasan Mahmud has said it is very usual of low turnout of votes in a by-poll, reports BSS.The Dhaka-17 by-polls were held just five months ahead of the national election. "Voter turnout is always low...
KHULNA, Jul 17 (UNB): BNP Secretary General Mirza Fakhrul Islam Alamgir said on Monday the attack on Hero Alam, an independent candidate in the by-election to Dhaka-17 constituency, was a mockery of democracy, saying that it has demonstrated how Awami...
Presiding and polling officers sitting idle amid thin presence of voters in the by-polls to Dhaka-17 constituency held on Monday. The picture was taken from T&T Adarsha Girls High School centre in the city's Mohakhali — FE photo
A cryptocurrency developer's landmark legal victory against the US Securities and Exchange Commission (SEC) will galvanize Coinbase and other companies to resist the agency's attempt to assert its jurisdiction over the industry, experts said, reports Reuters.Thursday's ruling that Ripple Labs...
US stock index futures edged lower on Monday after last week's strong gains, as investors stayed on the sidelines ahead of quarterly results from industry heavyweights through the week, reports Reuters.Second-quarter earnings are gathering momentum, with Tesla due to report...
BENGALURU, July 17 (Reuters): Indian shares rose to fresh all-time highs, led by index heavyweight Reliance Industries ahead of the demerger of the financial services unit, while HDFC Bank powered financials after strong June quarter results.The Nifty 50 index closed...
Major stock markets in the Gulf were subdued in early trade on Monday tracking oil prices lower, with the Dubai index on course to snap five sessions of gains, reports Reuters.Oil prices - a key catalyst for the Gulf's financial...
HONG KONG, July 17 (Reuters): China Evergrande Group, the world's most indebted property developer, is expected to post on Monday significant losses in its long overdue results for 2021 and 2022 - numbers the market will scour for updates on...
LONDON, July 17 (Reuters): Global shares and commodities slipped on Monday after data showed the Chinese economy is growing a lot more slowly than expected, while the dollar eased as traders ramped up their bets for an imminent end to...
MANILA, July 17 (Xinhua): Personal remittances from overseas Filipinos reached 2.78 billion US dollars in May, up 2.9 per cent year-on-year, the Philippine central bank said on Monday.The Bangko Sentral ng Pilipinas (BSP) said the remittances in the first five...
RIYADH, July 17 (AFP): Turkish President Recep Tayyip Erdogan arrives on Monday in the Kingdom of Saudi Arabia (KSA) during a three-country Gulf tour as he looks to attract foreign investment in his country's ailing economy.Erdogan is scheduled to land...
ZURICH, July 17 (Reuters): UBS's emergency takeover of Credit Suisse may lead to thousands of job losses, departures of key staff and a risky integration challenge, but for many UBS investors it increasingly looks like a good deal for Switzerland's...
RIYADH, July 17 (Arab News): Residents in Saudi Arabia have been benefiting from the availability of more housing options as the number of residential rental deals surged 137 per cent in June compared to the same month in 2022. The...
NEW DELHI, July 17 (Reuters): China's BYD Co has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters.BYD and...
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