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Briefing 2023-11-14

2023-11-14 00:00:00

Prayer Timings (2023-11-14)

2023-11-14 00:00:00

New crude oil refinery still remains a dream

M AZIZUR RAHMAN | 2023-11-14 00:00:00

Construction of a new crude-oil refinery still remains a dream as the project is yet to get necessary approval from the top economic policy-making body.State-run Bangladesh Petroleum Corporation (BPC) twice sent the Tk 237.36-billion project proposal to the Planning Commission,...

Factories reopening in Gazipur, some still shut in Ashulia

FE REPORT | 2023-11-14 00:00:00

Bangladesh's apparel apex body wrote to the American Apparel and Footwear Association (AAFA) for readjusting garment prices commensurate with the enhanced worker wages amid industrial action. Meanwhile, sources said, factories in Gazipur began reopening with violent labour protests dissipating while...

US writes to AL, BNP and Jatiya Party for 'unconditional talk'

FE REPORT | 2023-11-14 00:00:00

The United States has urged Bangladesh's three major political parties -- Awami League, BNP and Jatiya Party -- to engage in "unconditional dialogue" to break a deadlock over polls.Just days before the announcement of the schedule for the next national...

PM opens 24 dev projects in Khulna

2023-11-14 00:00:00

Prime Minister Sheikh Hasian inaugurated 24 development projects, involving Tk 25.93 billion, and laid foundation stones for another five schemes during a day's trip to Khulna where she urged people to support her re-election bid.The projects implemented by Public Works...

BNP announces fresh blockade for Wednesday and Thursday

FE REPORT | 2023-11-14 00:00:00

The Bangladesh Nationalist Party (BNP) on Monday announced a fresh two-day nationwide blockade from Wednesday morning, in an escalation of their agitations for neutral polls.Like-minded parties aligned with the BNP will also observe the blockade to press home their demand...

Bangladesh Bank resumes liquidity support to banks

JUBAIR HASAN | 2023-11-14 00:00:00

Cash feeding to banks begins over again in a policy shift by the central bank perforce following liquidity crunch, bankers say about the abrupt bailout action. Economists say the Bangladesh Bank's latest retreat from the contractionary monetary-policy stance for inflation...

Weather (2023-11-14)

2023-11-14 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Tuesday), according to the Met Office.Night temperature may rise slightly and day temperature may remain nearly unchanged over the...

Death anniv of M A Rab today

2023-11-14 00:00:00

Today (Tuesday) is the 48th death anniversary of Major General (retd) M A Rab, Bir Uttam, chief of staff of the Liberation Forces and first honorary managing director of `Muktijoddha Kalyan Trust', says a statement. Relatives and well-wishers are requested...

Govt to provide Tk 1.08b as incentive to boost Boro production: Ministry

2023-11-14 00:00:00

The government has decided to provide Tk 1.08 billion (107.62 crore) as incentive to boost the production of hybrid (Ufsi) variety of Boro paddy across the country, reports UNB.The disbursement of incentives will start soon at the field level, said...

Chehlam of Khurshid Jahan held

FE REPORT | 2023-11-14 00:00:00

The chehlam of late Khurshid Jahan, a philanthropist, was held in her Iqbal Road residence on Monday.Late Jahan, wife of renowned footwear merchant Radu and Company late Nasiruddin, was the founder of Merajul Mominat, a religious organisation for women, and...

SC asks lower court to finish trial in 6 months

FE REPORT | 2023-11-14 00:00:00

The Appellate Division of the Supreme Court on Monday ordered the Speedy Trial Tribunal-2 of Dhaka to finish in the next six months the trial proceedings of the case filed in connection with the murder of film actor Sohel Chowdhury,...

PM to inaugurate 2,023 govt pry school buildings today

2023-11-14 00:00:00

Prime Minister (PM) Sheikh Hasina will inaugurate multiple projects, including 2,023 government primary school buildings, today (Tuesday), reports UNB.The prime minister will inaugurate the schools virtually from Ganobhaban at 10:00 am, according to a press release of the Ministry of...

29pc diabetics face peril of losing eyesight: BES study

FE REPORT | 2023-11-14 00:00:00

An estimated 29 per cent of diabetic patients are facing a concrete risk of losing eyesight as the disease causes other serious and life-threatening illnesses subsequently.The figure was alarming and it needed additional precautionary measures, said Dr Shahjada Selim while...

EC cancels results in three centres in B'baria-2, Lakshimur-3 by-polls for fraud

2023-11-14 00:00:00

The Election Commission (EC) has cancelled the results of one polling station in Lakshmipur-3 and two in Brahmanbaria-2 parliamentary by-elections due to irregularities, reports UNB.But no fresh voting is required in the three polling stations as the number of voters...

Khaleda Zia's appearance in 11 cases on Jan 14

2023-11-14 00:00:00

A Dhaka court on Monday set January 14 for the appearance of BNP chairperson Begum Khaleda Zia before it in 11 cases filed against her, reports BSS.Monday was fixed for the appearance of the BNP chief before the court butDhaka...

Reza Kibria files writ to get EC registration for his party

2023-11-14 00:00:00

A writ petition has been filed with the High Court challenging the legality of Election Commission (EC) decision not to give its registration to the Gono Odhikar Parishad. Dr Reza Kibria, Convener of a fraction of the Gono Odhikar Parishad,...

BNP's demand for caretaker govt illegal

2023-11-14 00:00:00

Law Minister Anisul Huq on Monday conveyed to the UN Human Rights Council that opposition party BNP's demand for holding polls under a caretaker government is "completely unconstitutional and illegal", reports UNBMentioning Bangladesh's independent Election Commission, he said the government...

NID not enough for voting unless one reaches age-line: EC

2023-11-14 00:00:00

No one would be eligible for casting vote in the elections unless his age line reaches 18 years or above, reports BSS."The Election Commission (EC) usually provides national identity card (NID) to the age group of 16 and 17 years...

International Human Rights Commission

2023-11-14 00:00:00

International Human Rights Commission chairman MA Hashem Raju submitted an application at Dhaka Metropolitan Magistrate on Tuesday to sue Banshkhali union chairman and union Awami League convener Mujibul Haque Chowdhury on charge of threatening US envoy Peter D Haas. —...

BNP declaring progs like Al-Qaeda: Hasan

2023-11-14 00:00:00

Information and Broadcasting Minister and Awami League (AL) Joint General Secretary Dr Hasan Mahmud on Monday said BNP is declaring programmes from secret caves similar to Al-Qaeda and ISIS (Islamic State), reports BSS.In fact, BNP's main aims to arson attacks...

North American airlines bet on Asia to drive profit

2023-11-14 00:00:00

MONTREAL, Nov 13 (Reuters): The return of North American flights to Asia-Pacific is accelerating heading in to 2024, as carriers bet on the region as the next source of high-margin revenue at a time of soaring costs.A rebound in Asia...

Novo Nordisk shares rise as Wegovy shows heart benefits beyond weight loss

2023-11-14 00:00:00

LONDON, Nov 13 (Reuters): Novo Nordisk shares rose 3 per cent on Monday as the market reacted to data the drugmaker presented over the weekend showing that the heart protective benefits of its popular obesity drug Wegovy are not solely...

Russian companies' scaled-down IPOs in 2023

2023-11-14 00:00:00

Gold miner Uzhuralzoloto (UGC) set the price range on Monday for its initial public offering (IPO) on the Moscow Exchange, the latest in a series of small capital raises by Russian companies as they adjust to life without Western capital,...

Most Gulf markets subdued on falling oil, rising geopolitical tensions

2023-11-14 00:00:00

Most major Gulf stock markets were subdued in early trade on Monday amid falling oil prices and mixed signals from the US Federal Reserve, coupled with geopolitical tensions over the Israel-Hamas war, reports Reuters.Markets were wary of potential US policy...

Prime Bank partnered with Bongo

2023-11-14 00:00:00

Prime Bank has partnered with Bongo as the 'Banking Partner' for Shark Tank Bangladesh Season 1. Robi is the "Title Sponsor" and Startup Bangladesh is the "Powered by Sponsor". During the ceremony, agreements were signed and exchanged between Ahad Bhai,...

EBL and Unilever Bangladesh signed a payroll banking agreement

2023-11-14 00:00:00

Eastern Bank (EBL) and Unilever Bangladesh Limited (UBL) have signed a payroll banking agreement at the UBL head office in the city recently. M Khorshed Anowar, DMD and head of retail and SME Banking, EBL, and Syeda Durdana Kabir, human...

Banglalink ready for IPO, awaits favourable market conditions

ISMAIL HOSSAIN | 2023-11-14 00:00:00

Bangladesh's third-largest mobile operator Banglalink is fully ready to launch an initial public offering (IPO), but currently adopts a "wait-and-see" approach due mostly to current market conditions."The situation is not favourable right now," said Taimur Rahman, chief corporate and regulatory...

MTB's Mahbubur Rahman wins 'MD & CEO of the Year' award

FE DESK | 2023-11-14 00:00:00

Managing Director and CEO of Mutual Trust Bank Ltd (MTB) Syed Mahbubur Rahman has been bestowed with the prestigious 'MD & CEO of the Year 2023' award in the Financial Institutions Category by Bangladesh Brand Forum. This recognition is a...