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BGMEA chief requests EU for extended transition period

2023-05-13 00:00:00

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has urged the European Union to extend the transition period of GSP from the current three years to six years, report UNB.He said the extension would help Bangladesh to prepare...

Chahal becomes leading IPL wicket-taker

2023-05-13 00:00:00

Indian spinner Yuzvendra Chahal became the leading wicket-taker in Indian Premier League (IPL) history on Thursday after he picked up four wickets in their win over the Kolkata Knight Riders, reports Reuters.Chahal was tied for the record with former West...

Roma take narrow lead over Leverkusen in semifinals

2023-05-13 00:00:00

AS Roma grabbed a 1-0 home victory over Bayer Leverkusen in their Europa League semi-final first leg on Thursday thanks to 20-year-old Edoardo Bove's second-half goal.Roma youth product Bove stabbed in the winner on the rebound in the 63rd minute...

French Open announces prize money increase for 2023

2023-05-13 00:00:00

The prize money for this year's French Open will total 49.6 million euros ($54.6 million), up 12.3 per cent on 2022, organisers of the claycourt Grand Slam announced on Friday.The amount offered for the Roland Garros singles draws will be...

Barcelona eye derby win to secure La Liga title

2023-05-13 00:00:00

Runaway leaders Barcelona will have the chance to clinch their 27th La Liga crown with four games to spare when they face city rivals Espanyol on Sunday evening.Victory at RCDE Stadium would give Barca an unassailable lead over Atletico or...

Vietnam's Nguyen Thi Oanh celebrates with her national flag

2023-05-13 00:00:00

Vietnam's Nguyen Thi Oanh celebrates with her national flag after winning the women's 10,000m final during the 32nd Southeast Asian Games (SEA Games) in Phnom Penh on Friday — AFP

Pakistan demands neutral World Cup venues in row with India

2023-05-13 00:00:00

NEW DELHI, May 12 (AFP): The chairman of Pakistan's cricket board is demanding his side's World Cup games are moved out of host country India if their arch-rivals refuse to travel to Pakistan for September's Asia Cup, a report said...

Jaiswal scores fastest IPL fifty

2023-05-13 00:00:00

Rajasthan Royals opener Yashasvi Jaiswal scored the fastest fifty in Indian Premier League (IPL) history when he raised his half-century in 13 balls in a nine-wicket victory over the Kolkata Knight Riders on Thursday, reports Reuters.Chasing a modest target of...

Messi likely to play today's PSG match

2023-05-13 00:00:00

PARIS, May 12 (AFP): Lionel Messi is in line to return for Paris Saint-Germain for Saturday's Ligue 1 game at home to Ajaccio after a club-imposed suspension for going on an unauthorised trip to Saudi Arabia.The seven-time Ballon d'Or winner...

Sri Lankan women crush Tigresses to win T20 series

2023-05-13 00:00:00

Sri Lanka women's team secured a 44-run victory against Bangladesh in the third and final T20 International to claim the series 2-1 at Sinhalese Sports Club (SSC) on Friday, reports BSS.Bangladesh stunned Sri Lanka by six wickets in the first...

Russia says it repelled Ukrainian attack on eastern front

2023-05-13 00:00:00

MOSCOW, May 12 (AFP): Russia said Friday it had repelled Ukrainian attacks along a 95-kilometre (60-mile) stretch of the eastern front near the town of Bakhmut, as an anticipated Ukrainian offensive looms.The announcement of the apparent large-scale Ukrainian push on...

South Africans fret over US arms-to-Russia charge

2023-05-13 00:00:00

JOHANNESBURG, May 12 (AFP): South Africans were left angry and baffled on Friday after the US accused their country of secretly shipping arms to Russia, a charge that triggered both a government rebuke but also the announcement of an inquiry.US...

Sudan war drags on despite humanitarian pledge

2023-05-13 00:00:00

KHARTOUM, May 12 (AFP): Warplanes roared overhead as explosions rocked Khartoum on Friday, just hours after Sudan's warring parties signed a commitment to respect humanitarian principles in their spiralling conflict, without a truce in sight.Nearly one month after the outbreak...

Erdogan rallies his base ahead of tomorrow's vote

2023-05-13 00:00:00

ISTANBUL, May 12 (AFP): Turkish President Recep Tayyip Erdogan readied Friday to meet his hardcore supporters in the final countdown to the toughest election challenge of his two-decade rule.Erdogan has been campaigning round the clock as he nears momentous polls...

Gaza fighting rages on as truce hopes fade

2023-05-13 00:00:00

GAZA CITY, Palestinian Territories, May 12 (AFP): Israel and Gaza militants traded heavy fire Friday as hopes faded of securing a truce to end days of fighting that have killed dozens, all but one of them Palestinian.The violence has been...

Tata Motors' profit soars on Jaguar Land Rover sales

2023-05-13 00:00:00

MUMBAI, May 12 (AFP): India's Tata Motors reported better-than-expected profits for the first three months of the year on Friday, boosted by a strong performance at its British subsidiary Jaguar Land Rover and sales in the domestic market.The Mumbai-headquartered automaker...

Gold prices dip for third straight session as dollar, yields weigh

2023-05-13 00:00:00

Gold prices were on track to fall for a third straight session on Friday, weighed by higher yields and a steady dollar, but the bullion retained its spot over the key $2,000 level on expectations of interest rate cuts towards...

Sri Lanka's airline posts $525 million annual loss

2023-05-13 00:00:00

COLOMBO, May 12 (AFP): Cash-strapped Sri Lanka's national airline announced a staggering $525 million annual loss on Friday.With nearly 6,000 staff, SriLankan Airlines is the biggest and most expensive of the cash-haemorrhaging state companies that have drained the budget and...

Biden administration announces plan to curb emissions from power plants

2023-05-13 00:00:00

WASHINGTON, May 12 (AFP): President Joe Biden's administration on Thursday announced plans to curb planet-warming emissions from the nation's power stations, as part of the United States' efforts to combat climate change.Starting from 2030, the proposal from the Environmental Protection...

Oil stabilises as supply deficit counters demand fears

2023-05-13 00:00:00

TOKYO, May 12 (Reuters): Oil prices stabilised on Friday and were set to end the week flat as the market balanced supply fears against renewed economic concerns in the United States and China.Brent crude futures was down 5 cents, or...

Islamic Syndication

Md. Touhidul Alam Khan | 2023-05-13 00:00:00

Islamic syndicated finance is a type of financing where multiple financial institutions collaborate to provide funding to a borrower. Similar to conventional syndicated finance, there is a lead bank that manages the process. However, in Islamic syndicated finance, the financing...

Looking for small bliss all around

Nilratan Halder | 2023-05-13 00:00:00

Rabindranath lamented the inability to venture a couple of steps out of home and see from close quarters a dew drop on an ear of paddy. Although there is no dearth of enthusiasm in embarking on journeys across countries to...

In search of gender equality

2023-05-13 00:00:00

It is good to learn that Bangladesh is the most gender-equal among the South Asian countries. According to the World Economic Forum's Global Gender Gap Report 2022, we have ranked 71 out of 146 countries. The constant efforts to empower...

Sad saga of national counselling facilities

Tanim Asjad | 2023-05-13 00:00:00

Mental health is still not on the priority agenda in this country. A large section of the population is yet to understand the necessity of taking care of mental health. They also think there is little need for cognitive treatment...

Regulating prices of life-saving drugs

Syed Mansur Hashim | 2023-05-13 00:00:00

A probing report published recently in this newspaper, reveals that the government controls prices of only 117 medicinal drugs, while the pharmaceutical industry sets the price of 1,700 drugs. Of the 117 medicines, 70 are essential drugs, 47 are vaccines...

Beefing up capacity of customs and VAT offices at ports

2023-05-13 00:00:00

Granting transit facilities to neighbouring countries, many tend to believe, without ensuring the necessary infrastructures, is like putting the cart before the horse. Transiting goods smoothly to and from any neighbouring country, be it India or Nepal or Bhutan, is...

Affordable housing gap-need for financing environment

Md Abdul Latif | 2023-05-13 00:00:00

After attaining independence in 1971 and facing hundreds of challenges, Bangladesh went through a remarkable developmental journey for the last five decades and achieved self-sufficiency in food and basic yarn production. It is also true that though Bangladesh has many...

APNIC keen to help BD in IPv6 implementation

FE REPORT | 2023-05-12 00:00:00

The Asia-Pacific Network Information Center (APNIC) is keen to provide technical assistance to Bangladesh in routing Internet Protocol Version 4 (IPv4) to IPv6, an updated version of internet protocol (IP) with a larger address size, to improve the internet services....

235 BD citizens to reach home today

FE REPORT | 2023-05-12 00:00:00

A total of 235 Bangla-deshis, evacuated earlier from battle-torn Sudan, will reach home from Jeddah, KSA on Friday morning.They will be flown to Dhaka from Jeddah by a Biman Bangladesh flight at 8:35 am, officials said.Over 680 Bangladeshis were evacuated...

Seven essential items get pricier

YASIR WARDAD | 2023-05-12 00:00:00

Seven key essential items showed a notable hike last week, augmenting woes of the consumers already in a fix amid skyrocketing prices of essential commodities.Prices of beef, egg, indigenous chicken, edible oil, including palm and loose soybean oil, local spices...