SINGAPORE, Nov 02 (Reuters): Barrick Gold Corp beat analysts' expectations for third-quarter profit on Thursday, as the Canadian gold miner benefited from lower costs, increased production, and higher bullion prices.The Toronto-based company posted adjusted earnings of 24 cents per share...
LONDON, Nov 02 (Reuters): Oil gained 1.0 per cent on Thursday to snap its three-day decline, as risk appetite returned to financial markets after the US Federal Reserve kept benchmark interest rates on hold.Brent crude futures rose $1.03, or 1.22...
South Asia Insurance Company Limited has paid a fire insurance claim to Centex Textile and Apparels Limited, a sister concern of Oriental Group, at a function in the city recently. Chief Executive Officer of South Asia Insurance Company Limited Md...
ACI Motors has recently arranged a Grand Tractor Delivery Festival in Thakurgaon. ACI Motors Director (Sales) Azam Ali inaugurated the programme as the chief guest. The company has delivered 100 units of Sonalika Tractor from a single place. A record...
M Rokonuzzaman | 2023-11-03 00:00:00
The primary purpose of education is to empower graduates for jobs. Hence, the higher the education level, the more the employability should have been the natural outcome. Ironically, the reality is the opposite in less-developed countries. According to media reports,...
Renewable energy does not cause carbon emission. It is free from environmental pollution. So, we should tend towards renewable energies like solar energy, wind energy, geothermal, bio-energy, tidal and hydro energy. They are safe, sustainable and cheap too. On the...
Ahead of the 12th parliamentary elections, the ruling party and the opposition have been holding political programmes in Dhaka city and elsewhere in the country every day. In a democratic society, any political party or organisation can hold meetings to...
Zahid Huq | 2023-11-03 00:00:00
The price of any item in the market is determined by supply and demand, a fundamental economic concept. However, the concept, on occasion, does not work in some markets where operators defy laws and rules. Bangladesh, unfortunately, is one such...
Nilratan Halder | 2023-11-03 00:00:00
In his seminal book, The Clash of Civilisations and the Remaking of World Order, Samuel Phillips Huntington warned of the danger of not recognising and respecting multicultural civilisations by the West led by the United States of America. The champions...
The soaring public debt is, no doubt, a matter of serious concern for the country's economy in the days ahead as debt servicing even at a moderate rate outstrips the government's capacity to mobilise resources – domestic or otherwise. The...
FE REPORT | 2023-11-02 12:00:00
BRAC Bank has reported a 53 per cent year-on-year growth in its consolidated profit for January-September to Tk 5.83 billion, as its interest income and return on investments rose significantly. A reduction in non-performing loans and higher income from the...
Seven more deaths were reported from dengue in 24 hours till Wednesday morning, raising the fatalities from the mosquito-borne disease in Bangladesh to 1,355 this year, reports UNB.During the period, 1,903 more patients were hospitalised with the viral fever, according...
FE REPORT | 2023-11-02 00:00:00
Following several months of increase by almost 1.0 million each, the number of mobile subscribers dropped by less than half a million (0.49 million) in September, according to latest official data.As per the statistics issued by Bangladesh Telecom Regulatory Commission...
DOULOT AKTER MALA | 2023-11-02 00:00:00
The new Customs Act-2023 recognises daily exchange rates of foreign currencies, or floating rates, ensuring transparency in customs assessments and transactions.This is in contrast to a fixed exchange rate, in which the government entirely or predominantly determines the rate.A floating...
FE REPORT | 2023-11-02 00:00:00
Amid the ongoing labour troubles in different industrial zones, apparel makers said they will place a new wage proposal with a higher pay structure to the Minimum Wage Board next week. "The factory owners' representative has agreed to propose higher...
FE REPORT | 2023-11-02 00:00:00
Motijheel office-goers are going to enjoy 30 minutes' ride to reach their respective workplaces from Sunday as the metro-rail company will start operating MRT-6 from Uttara North to Motijheel at 7:30 am after inaugurating second phase of the mass-transit line.Dhaka...
FE REPORT | 2023-11-02 00:00:00
Arson, vandalism, low traffic and detention of opposition leaders marked the second day of the three-day nationwide blockade by BNP and its allies. On Wednesday, at least five buses were set on fire in Dhaka, exacerbating the situation in the...
FE REPORT | 2023-11-02 00:00:00
The government has halved specific customs duty on sugar import to rein in its prices in the local market amid skyrocketing prices in the international market.The import duty on raw sugar brought down to Tk 1500 and refined sugar to...
JUBAIR HASAN | 2023-11-02 00:00:00
Private-sector-credit growth slowed to 9.69 per cent in September, its lowest level since October 2021, as the central bank tightened monetary policy to combat rising inflation and the country's foreign-exchange reserves dwindled.The decline, which followed a 9.75-percent growth in August,...
The Prime Minister Wednesday stated that the establishment of a cashless society will be implemented in order to reduce corruption and promote development, reports UNB."When we will be able to build the cashless society it will curtail corruption. The development...
FE REPORT | 2023-11-02 00:00:00
Bangladesh's business community rues economic losses stemming from a chain of hartal, blockade and industrial unrest and appeals for an immediate end to the ongoing political standoff over polls. As the country currently remained apparently blockade-bound, the Federation of Bangladesh...
FE REPORT | 2023-11-02 00:00:00
Remittance from wage earners rebounds with a nearly 30-percent rise to US$1.98 billion recorded in October year on year, at a time when Bangladesh greatly needs foreign exchange to replenish reserves. This monthly receipt is the highest in four months,...
Bangladesh candidate Saima Wazed has been nominated as World Health Organisation's (WHO) new regional director for South East Asia region for a five-year term beginning from 2024 in an election, defeating lone candidate from Nepal, the global health organization said...
Prime Minister Sheikh Hasina stated on Wednesday that the joint inauguration of three development schemes assisted by India showcases the exceptional friendship and mutual cooperation between Dhaka and New Delhi, report agencies.She also expressed the hope that the existing relationship...
YASIR WARDAD | 2023-11-02 00:00:00
The government on Wednesday issued permits to 70 traders for import of 50,000 tonnes of potato, as its prices soared to an all-time high level.The stored diamante and cardinal varieties retailed at Tk 60-70 a kilogram on the day, as...
Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Thursday), according to the Met Office.Night and day temperature may remain nearly unchanged over the country.The highest temperature in...
The air in capital Dhaka was ranked fourth worst among cities around the world according to Air Quality Index (AQI) on Wednesday morning, reports UNB.Dhaka's air was classified as unhealthy at 8:53 am with an AQI score of 178.Pakistan's Lahore,...
A drama and web series, based on Agartala conspiracy case, will be produced by the government as part of the unfinished programme of Golden Jubilee of the Independence, reports UNB.Cabinet Committee on Economic Affairs in a meeting with Finance Minister...
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