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Apple agrees to $25m settlement with US

2023-11-11 00:00:00

WASHINGTON, Nov 10 (Reuters): Apple Inc will pay $25 million to settle claims by the US Department of Justice that the company illegally favored immigrant workers over US citizen and green card holders for certain jobs, the agency said on...

Biden backs Tesla, Toyota unionization, slams Trump

2023-11-11 00:00:00

BELVIDERE, Nov 10 (Reuters): President Joe Biden on Thursday backed the United Auto Workers' efforts to unionize carmakers Tesla and Toyota and asked auto workers to reject his Republican opponent, Donald Trump.Biden spoke to UAW workers in Belvidere, Illinois, as...

ICMAB Khulna Branch celebrates International Accounting Day

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

The Khulna Branch of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) Khulna Branch on Friday celebrated the International Accounting Day.The 10th November is celebrated as International Accounting Day in most of the countries across the world.Marking the...

Factories start commercial production in Bangabandhu Shilpa Nagar

NAZIMUDDIN SHYAMOL | 2023-11-11 00:00:00

CHATTOGRAM, Nov 10: Factories in Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) at Mirsarai Economic Zone (MEZ) in the port city of Chattogram has started commercial production. The first consignment of exports has gone from the Shilpa Nagar.China-owned KPST Su (BD)...

Navigating inflation-induced supply chain challenges

Mohammad Ashraful Islam Khan | 2023-11-11 00:00:00

Inflation has become a pressing concern in Bangladesh, echoing the challenges experienced by numerous other countries in South Asia and beyond. According to data from Bangladesh Bank, the point-to-point inflation rate reached 9.92 per cent in August 2023. This surge...

A great asset class for risk-averse investors

Abul Ahsan Ahmed | 2023-11-11 00:00:00

Bangladesh is one of the fastest growing economies of the world. According to a Bloomberg report, Bangladesh is seen on a track to be a trillion dollar economy by 2040. In contrast, the number of MAC (middle and affluent class)...

When World Cup Cricket is at its best

Nilratan Halder | 2023-11-11 00:00:00

If cricket has ever remained a team game, unlike tennis, that myth was shattered on Tuesday last. And it was done in a manner that will be etched in golden letters in the history book of cricket. Glenn Maxwell was...

News in Brief-(2023-11-11)

2023-11-11 00:00:00

Last 12 months on Earth were the hottestever recorded, analysis findsNEW YORK, Nov 10: The last 12 months were the hottest Earth has ever recorded, according to a new report by Climate Central, a nonprofit science research group. The peer-reviewed...

'Positive results' reached in climate talks with US: China

2023-11-11 00:00:00

BEIJING, Nov 10 (AFP): China said Thursday that climate talks with the United States in California had yielded "positive results" after the world's two largest greenhouse gas emitters met ahead of the COP28 summit in Dubai.The negotiations between US climate...

Cambodian artist turns tyres into giant King Kong

2023-11-11 00:00:00

KANDAL, Nov 10 (AFP): A giant, snarling gorilla rears from the peaceful paddy fields on the outskirts of the Cambodian capital Phnom Penh, made entirely from old tyres by a Cambodian artist keen to encourage others to reuse materials in...

Actors get back to work

2023-11-11 00:00:00

LOS ANGELES, Nov 10 (AFP): Hollywood celebrated Thursday after actors ended a crippling months-long strike, kicking off a race to get the cameras rolling and salvage next year's movies and television shows.The Screen Actors Guild (SAG-AFTRA) called off its 118-day...

Putin, military leaders assess Ukraine war

2023-11-11 00:00:00

Nov 10 (UNB) -- Russian President Vladimir Putin visited the Southern Military District headquarters in Rostov-on-Don as he assessed the state of his country's forces in Ukraine as the war drags on toward winter. It was his second public visit...

US okays world's first vaccine for chikungunya

2023-11-11 00:00:00

SINGAPORE, Nov 10 (BBC): The US Food and Drug Administration has approved the world's first vaccine for chikungunya, which it sees as an "emerging global health threat". The mosquito-borne disease causes fever and joint pains and can be fatal to...

Palestinians leaving besieged Gaza city

2023-11-11 00:00:00

GAZA, Nov 10 (Reuters/AFP): Palestinians trudging past Israeli tanks and decomposing corpses along a frontline passage out of encircled Gaza City on Thursday said they feared a new "Nakba", the "catastrophe" of their mass dispossession after Israel was founded in...

World's first complete eye transplant performed

2023-11-11 00:00:00

NEW YORK, Nov 10 (BBC): Surgeons in New York say they have performed the world's first complete eye transplant on a man, although it is not certain he will regain vision. Aaron James, who survived a high-voltage electrical accident, underwent...

RMG workers deserve better

Tanim Asjad | 2023-11-11 00:00:00

For the last couple of weeks, unrest in the country's readymade garments (RMG) industry has cast a shadow on the already weakened economic situation. Industry workers turned violent at one stage of their continuous protests over the delay in announcing...

Debate over renewable energy

Syed Mansur Hashim | 2023-11-11 00:00:00

Recently, the government has announced plans to increase power from renewable energy (RE) sources up to 40 per cent by 2041. This has kicked off a major debate amongst energy planners and experts on how realistic this plan is, particularly...

Riding out challenges facing apparel sector

2023-11-11 00:00:00

Still retaining its position as the world's second largest exporter with its 7.9 per cent share in global apparel export after China, Bangladesh's Readymade Garment (RMG) sector is now experiencing its most challenging time. Given the fast-changing external and domestic...

Gender gap, sexual harassment, and economic retardation

Muzahida Tasbiha and Abdullah Dewan | 2023-11-11 00:00:00

Discrimination in employment and in workplaces under any labeling is a degradation of human spirits and capabilities to pursue activities for self-actualisations and societal cause and effect. Discriminatory environment results in economic retardation–a situation in which an economy progresses with...

ECNEC approves 44 projects involving huge investment

FE REPORT | 2023-11-10 12:00:00

The Executive Committee of the National Economic Council (ECNEC), the government's highest economic-policy-making body, has endorsed 44 projects with a combined cost of Tk 390.94 billion.Prime Minister Sheikh Hasina chaired the ECNEC meeting, held on Thursday in the capital.A total...

Beijing working on FTA, may help Dhaka resolve reserves stress

FE REPORT | 2023-11-10 12:00:00

China wants to implement free-trade agreement with Bangladesh by 2026, Chinese Ambassador Yao Wen said Thursday while speaking on major issues of common concern that include election. At a meet with diplomatic journalists in Dhaka, the envoy made China's stand...

Bangladesh Bank Training Academy (BBTA) on 30 November organized its 'Policy Dialogue to Improve

2023-11-10 00:00:00

Bangladesh Bank Training Academy (BBTA) on 30 November organized its 'Policy Dialogue to Improve Supervisory Tools and Techniques' at its auditorium. BBTA's Executive Director Md. Zulkar Nayn conducted the programme while Bangladesh Bank (BB) Director Md. Sarwar Hossain presented the...

BNP, allies call fresh 48-hour blockade

FE REPORT | 2023-11-10 00:00:00

The Bangladesh Nationalist Party (BNP) announced a fourth nationwide blockade for 48 hours from Sunday morning to Tuesday morning.BNP Senior Joint Secretary General Ruhul Kabir Rizvi announced the blockade programme in a virtual press conference on Thursday evening.Rizvi said the...

Prof Yunus, others seek exoneration

FE REPORT | 2023-11-10 00:00:00

Nobel Laureate Prof Dr Muhammad Yunus and three others have claimed in a Labour Court in Dhaka that the charges of violating the Labour Act brought against them by the Department of Inspection for Factories and Establishments (DIFE) are false.The...

PM inaugurates Matarbari channel, lays foundation of port tomorrow

NAZIMUDDIN SHYAMOL | 2023-11-10 00:00:00

CHATTOGRAM, Nov 09: Prime Minister Sheikh Hasina will inaugurate the Matarbari deep-sea port channel at Moheshkhali in Cox's Bazar tomorrow (November 11).She will also lay the foundation stone of the first terminal of the new seaport the same day.On Thursday,...

Internally displaced Palestinian from the Gaza Strip, looking for safty are camped in the grounds of the al-

2023-11-10 00:00:00

Internally displaced Palestinian from the Gaza Strip, looking for safty are camped in the grounds of the al-Nasser hospital in Khan Yunis in the southern Gaza Strip on Thursday, amid the ongoing battles between Israel and the Palestinian group Hamas....

President seeks EC's responsible role for free, fair polls

2023-11-10 00:00:00

President Mohammed Shahabuddin on Thursday asked the Election Commission (EC) to play responsible role with courage and sincerity to hold next national elections in a free, fair and credible manner following the constitutional rules and regulations, reports BSS."It is not...

Probe report submission deferred for 75th time

FE REPORT | 2023-11-10 00:00:00

A Dhaka court on Thursday deferred again the submission date of investigation report on a case filed in connection with the Bangladesh Bank reserve heist in February, 2016.It asked the Criminal Investigation Department (CID) of police to submit the report...

Duty cut fails to check sugar price

FE REPORT | 2023-11-10 00:00:00

In the midst of this challenging journey, as consumers navigate the rollercoaster of essential markets-- spanning rice, fish, meat, eggs, potatoes, and vegetables--concern reached new heights last week, fueled by a fresh surge in sugar and flour prices.Sugar prices reached...

Dengue claims 17 more lives

FE REPORT | 2023-11-10 00:00:00

The health authorities on Thursday reported 17 more deaths due to mosquito-borne dengue fever, taking the total fatalities to 1,449 this year. Of the new fatalities, 13 were from outside Dhaka and four from Dhaka. Of the total deaths, 854...