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Western, Arab officials meet to find ways to provide aid to Gaza civilians

2023-11-10 00:00:00

PARIS, Nov 09 (AP/AFP): Officials from Western and Arab nations, the United Nations and nongovernmental organizations were set to gather Thursday in Paris for a conference on how to provide aid to civilians in the Gaza Strip during Israel's war...

Gold lacks momentum as traders seek more Fed cues

2023-11-10 00:00:00

SINGAPORE, Nov 09 (Reuters): Gold prices retreated for a third straight session on Wednesday as investors looked for fresh cues on the US central bank's interest rate stance, while palladium hit a five-year low.Spot gold was down 1 per cent...

Oil edges up, mkts shrug off China inflation data

2023-11-10 00:00:00

SINGAPORE, Nov 09 (Reuters): Oil prices edged up on Thursday as markets shrugged off deflationary indicators in China and looked for further clues on the status of demand from the world's two biggest oil consumers.Brent crude futures rose 67 cents,...

Protests for min. wage rock garment belts

YASIR WARDAD | 2023-11-09 12:00:00

A female garment worker identified as Anjuara Khatun was killed on Wednesday in Gazipur garment hub while the area witnessed massive protests and clashes between agitated RMG workers and law enforcers. Enraged workers, rejecting the RMG wage board's proposal for...

Small borrowers to get credit guarantee

FE REPORT | 2023-11-09 12:00:00

Small borrowers will be eligible for credit-guarantee facilities under two new refinancing schemes of the central bank.The refinancing schemes, totalling Tk 44 billion, are for agricultural-product processing and small enterprises run by women, the Bangladesh Bank (BB) said on Wednesday.In...

73 companies receive Nat'l Export Trophy

FE Report | 2023-11-09 12:00:00

Seventy-three companies received National Export Trophy for the fiscal year (FY) 2020-21 for their outstanding contribution to the development of the country's economy.Out of the entities, Rifat Garments Ltd has received the "Bangabandhu Sheikh Mujib Exports Trophy" as the best...

Movement will continue until democracy restored: Rizvi

2023-11-09 12:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi on Wednesday said that the movement will continue till the goal of restoring democracy is achieved, reports UNB.Rizvi said this while speaking at a virtual press briefing amid the first day of...

Fighting corruption: HC recommends 16 suggestions for parliament

2023-11-09 00:00:00

FE REPORTIn the full text of a verdict, the High Court has made a 16-point recommendation for the Jatiya Sangsad (National Parliament) with an eye to building a corruption-free Bangladesh.The formation of an independent cadre service for recruitment of officials...

H&M to pay more for BD garments as wages rise

2023-11-09 00:00:00

FE Report In line with the latest wage hike for apparel workers, one of the country's top apparel buyers H&M will pay higher prices for ready-made garment items sourced from Bangladesh."We are committed and welcome the latest wage hike. We...

Minister orders greening of wide Chingri Mahal space

2023-11-09 00:00:00

FE REPORTLand minister Saifuzzaman Chowdhury on Wednesday directed the authorities concerned to take the necessary measures for greening the wide empty space located in the Chingri Mahal (Shrimp Pond area) to protect environment, according to a press release.The land minister...

LNG, fertiliser, wheat, soybean oil purchase proposals approved

FE REPORT | 2023-11-09 00:00:00

The cabinet committee on government purchase on Wednesday approved a number of proposals to procure liquefied natural gas (LNG), fertiliser, wheat, soybean oil, and lentils.Finance Minister AHM Mustafa Kamal presided over the virtually held meeting.Briefing newsmen after the meeting at...

Another life insurance co gets licence

2023-11-09 00:00:00

The Insurance Develop-ment and Regulatory Authority (IDRA) has approved a new licence for a life insurance to "Shanta Life Insurance PLC", reports UNB.Shanta, a business conglomerate in Bangladesh, is going to expand its step in the insurance arena with this...

Onion, potato prices to come down by mid-Dec

2023-11-09 00:00:00

Commerce Minister Tipu Munshi on Wednesday said onions and potatoes will be available at lower prices by mid-December.He made the remarks while talking to journalists after a meeting of the National Tariff Policy Monitoring and Review Committee at the Bangladesh...

7 more die, 1,912 new cases

2023-11-09 00:00:00

Seven more deaths were reported from dengue in 24 hours till Wednesday morning, raising the fatalities from the mosquito-borne disease in Bangladesh to 1,432 this year, reports UNB.During the period, 1,912 more patients were hospitalised with the viral fever, according...

BNP rallies on first day of third blockade

FE REPORT | 2023-11-09 00:00:00

The BNP and its allies held rallies across the capital on Wednesday, the first day of the third-phase nationwide blockade, to press home their demand for the government's resignation.The number of public vehicles increased on streets on the day compared...

BD signs fifth long-term LNG-import agreement

FE REPORT | 2023-11-09 00:00:00

Bangladesh on Wednesday inked three agreements with US multinational Excelerate Energy's Bangladesh outfit on import of increased volumes of liquefied natural gas and LNG regasification and transmission.The deals with Excelerate Energy Bangladesh Ltd include sales and purchase agreement (SPA) on...

Tax on income under Universal Pension Scheme exempted

FE REPORT | 2023-11-09 00:00:00

The National Board of Revenue (NBR) has exempted tax on incomes to be earned under the Universal Pension Scheme.Besides, it has also exempted tax on any amount of contribution to the Universal Pension Scheme.The exemptions came into force from November...

US urges BD to revisit RMG wage decision

2023-11-09 00:00:00

WASHINGTON, Nov 8 (AFP): The United States called Wednesday on Bangladesh to revisit its recent minimum wage decision and to protect workers' rights after police shot dead a woman during the latest protests by garment labourers.A government-appointed panel in Bangladesh...

Briefing 2023-11-09

2023-11-09 00:00:00

Steelmakers pay heavy price for rise in scrap price in FY23Listed steelmakers earned far less in FY23 than in the year before for costlier raw materials. They rely on scrap imports from the international market for production, but the dollar...

Allow Khaleda’s treatment abroad

2023-11-09 00:00:00

UN rights chief Volker Turk has urged Bangladesh Prime Minister Sheikh Hasina to release main opposition leader Khaleda Zia for urgent medical treatment outside the country, reports UNB.Bangladeshi doctors have said Zia, a two-times former premier, was at "high risk"...

Amid a nationwide blockade by the BNP, police escorted oil-carrying trucks

2023-11-09 00:00:00

Amid a nationwide blockade by the BNP, police escorted oil-carrying trucks to Dhaka filling stations. The photo was taken from Chattogram intersection of the Dhaka-Chattogram Highway on Wednesday. Story on page 8 — Focus Bangla

Apparel export to America plummets on demand drop

MONIRA MUNNI | 2023-11-09 00:00:00

Ready-made garment exports to the United States, Bangladesh's single-largest export market, declined by 23.33 per cent year on year to $5.77 billion in the first nine months of 2023, US data show.Apparel manufacturers attributed the decline to demand fall for...

Foregone corporate taxes surpass actual collection

DOULOT AKTER MALA | 2023-11-09 00:00:00

Bloated tax-related expenditure outstrips actual collection of direct tax from corporates in Bangladesh. The latest official count shows a tax expenditure of Tk 853.14 billion in the 2020-21 fiscal while receipt was Tk 852.24 billion. The due amount the exchequer...

Weather may remain dry --------

2023-11-09 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country, said a met office forecast for the next twenty-four hours begins from 9am today (Wednesday), reports BSS.Night and day temperature may remain nearly unchanged over the country, it...

Dhaka's air 4th worst in the world

2023-11-09 00:00:00

Dhaka has ranked fourth on the list of cities with the worst air quality with an AQI index score of 217 at 8:49 am on Wednesday, reports UNB.Dhaka's air was classified as 'very unhealthy', according to the air quality index.Pakistan's...

DNCC launches smart parking app, card

2023-11-09 00:00:00

FE REPORTThe Dhaka North City Corporation (DNCC) launched on Wednesday the country's first "smart on-street parking" in a bid to ensure discipline and safe parking.The "smart on street parking" includes a smart parking app and a parking card, were also...

Labaid doctor's registration suspended for 'neglect of duty'

2023-11-09 00:00:00

FE REPORTThe Bangladesh Medical & Dental Council (BM&DC) has suspended the registration of a doctor of Labaid Specialized Hospital for six months after a patient under his supervision died allegedly due to his negligence in duty.This decision was announced in...

PM returns home from KSA

2023-11-09 00:00:00

Prime Minister (PM) Sheikh Hasina returned home on Wednesday morning after attending the International Conference on Women in Islam and performing Umrah in Saudi Arabia, reports UNB.A commercial flight of Biman Bangladesh Airlines, carrying the PM and her entourage landed...

Launch passengers’ turnout drops due to blockade

2023-11-09 00:00:00

Launch service to the south of the country has continued from the Sadarghat on the first day of the third phase of blockades called by the BNP. However, only a few passengers decided to travel, reports bdnews24.com. On Wednesday, 11...

Income tax returns mandatory for access to 40 govt services

OUR CORRESPONDENT | 2023-11-09 00:00:00

CHATTOGRAM, Nov 08: A tax commissioner said at a workshop on Tuesday that the government's new income tax law made it mandatory to submit tax returns for all, including government employees, for receiving more than 40 services. "Under the new...