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Smart power grid ‘to help fight climate change’

2023-10-30 00:00:00

A seminar highlighting the smart grid solution and empowering the future of power distribution was held in Dhaka recently to get more innovative ideas for accelerating the "Smart Grid" project. Under the 'Construction and Augmentation of Substation Installation of Capacitor...

ONE BANK SIGNS AGREEMENT WITH ASTRA AIRWAYS

2023-10-30 00:00:00

ONE Bank Limited signed an agreement with Astra Airways Limited (Air Astra) recently. Mozammel Haque Bhuiya, Head of Marketing and Sales of Air Astra, and Md Kamruzzaman, Head of Retail Banking of ONE Bank, signed the agreement whereby ONE Bank...

Standard Bank launched four more new deposit schemes

2023-10-30 00:00:00

Standard Bank has launched four more new deposit schemes -- Standard Jonopriyo-Mudaraba Savings Scheme, Astha-Mudaraba Monthly Savings Scheme, Gunoboti-Mudaraba Monthly Savings Scheme and Premium-Mudaraba Savings Account. These products were unveiled at the bank's head office recently.

Special offer for bKash customers at Universal Hospital

2023-10-30 00:00:00

bKash customers are getting special discounts on bKash payments for various healthcare services at the Universal Medical College Hospital, says a press release.Customers can avail 10 per cent discount on OPD (Outpatient Department) services, special discounts on different packages of...

Innovative dental implants by Korea's Osstem

2023-10-30 00:00:00

Question: Could you please share the Osstem Implant's journey and the key achievements that have led to its success in the dental implant industry?JK: Osstem Implant takes great pride in its innovative approach to dental implants. Our primary mission is...

Ispahani teams up with Tampaco Group

2023-10-30 00:00:00

Ispahani Group, Bangladesh's oldest business house, has partnered with Tampaco Group, the pioneer in the country's packaging industry, to drive the expansion of their packaging business, says a press release. This collaboration marks a significant milestone as the Ispahani Group...

Eight entities receive 'HSBC Business Excellence Awards'

FE REPORT | 2023-10-30 00:00:00

Eight business entities have been honoured with the 'Third HSBC Business Excellence Awards' introduced by the Hongkong and Shanghai Banking Corporation Limited in Bangladesh.The award recipients are Ha-Meem Group in readymade garments (RMG); Pahartali Textile & Hosiery Mills in supply...

Make 'Loss and Damage Fund' on climate change fully operational

2023-10-30 00:00:00

Prime Minister Sheikh Hasina on Sunday called upon the authorities concerned to make the Loss and Damage Fund fully operational, reports UNB."The loss and damage fund should be operational completely," she said while UNOPS (United Nations Office for Project Services)...

FICCI investment expo now on Nov 19-20

FE REPORT | 2023-10-30 00:00:00

The Foreign Investors' Chamber of Commerce and Industry (FICCI) has decided to reschedule the date of its 60th-anniversary celebration and investment expo. The expo will now take place from November 19 to 20.According to a statement by FICCI, the event...

BD missions asked to identify 5 potential export items each

FE REPORT | 2023-10-30 00:00:00

The government has asked the Bangladesh missions abroad to identify five potential items each to diversify products and boost export earnings, sources said.As part of the move, they said the commerce ministry has assigned the economic ministers, ministers (commercial), commercial...

Tk 0.15m toll collected in seven hours since Bangabandhu Tunnel opened

2023-10-30 00:00:00

CHATTOGRAM Oct 29 (UNB): Since Bangabandhu Tunnel opened to traffic on Sunday, authorities concerned have collected about Tk 0.15 million (1.48 lakh) as toll from 498 vehicles that went through the tunnel under the Karnaphuli River in seven hours.Toll manager...

A road in Feni wears a deserted look during the countrywide dawn-to-dusk hartal

2023-10-30 00:00:00

A road in Feni wears a deserted look during the countrywide dawn-to-dusk hartal called by BNP-Jamaat in the morning of Sunday — Focus Bnagla

Two killed in city road accidents -

2023-10-30 00:00:00

Two people were killed and another was injured in two separate road accidents in city's Dholaypar and Mayor Mohammad Hanif Flyover areas on Sunday, reports BSS.The dead are motorcycle rider Md Shifat Morshed (28), son of Zahid Morshed of Kustia...

News in Brief-(2023-10-30)

2023-10-30 00:00:00

China's top diplomat says Xi-Biden meetingin US would not be 'smooth-sailing'BEIJING, Oct 29: China's foreign minister considers that the road to an expected meeting between President Xi Jinping and U.S. President Joe Biden would not be "smooth-sailing" and that both...

Mouse embryos grown in space for first time

2023-10-30 00:00:00

TOKYO, Oct 29 (AFP): Mouse embryos have been grown on the International Space Station and developed normally in the first study indicating it could be possible for humans to reproduce in space, a group of Japanese scientists said.The researchers, including...

Hamas will release Israeli hostages if all Palestinian prisoners freed

2023-10-30 00:00:00

WEST BANK, Oct 29 (Reuters/AP/AFP): Hamas was about to reach an agreement with Israel over the hostages held by the Palestinian militant faction but Israel had "stalled" on that possibility, a spokesman for the group's armed wing said on Saturday.Abu...

Israel-Palestine conflict and its economic impact

2023-10-30 00:00:00

The ongoing Israel-Palestine conflicts can lead to spikes in fuel oil prices. As the region accounts for nearly a third of global oil supply, any instability can create interruptions to it. The on-going Israel-Gaza conflict coming on the heel of...

Economic fallout of confrontational politics

Neil Ray | 2023-10-30 00:00:00

The country has once again slid into confrontational politics of the worst form. But can the country weather the rough patches likely to extend up to the first or second week of January next year? Already battered, the economy is...

Cushioning economy against Middle Eastern conflict

Syed Fattahul Alim | 2023-10-30 00:00:00

Hardly had the world economy started looking up following the Covid pandemic and the war of attrition between Moscow and Kiev losing its tempo than the Hamas-Israel war broke out. While many are more interested in the day-to-day development of...

Foot-dragging over MRT

2023-10-30 00:00:00

Detailed reports published not long ago in the media on the proposed route of the MRT 2 and 3 made many eager Dhaka metro rail travellers feel quite upbeat. The vital and large swathes under the two vast MRT (Mass...

Justice, human rights and accountability at UNGA

Muhammad Zamir | 2023-10-30 00:00:00

The role of technology in protecting civilians in conflict zones, efforts toward justice and accountability in Sudan, standing in solidarity with Uyghurs, and protesting human rights violations in Syria received particular attention and was the subject of manifold discussion during...

Asia spot LNG prices steady on heating demand support

2023-10-30 00:00:00

SINGAPORE, Oct 29 (Reuters): Asian spot liquefied natural gas (LNG) prices were little changed last week, as steady European heating demand supported prices despite forecasts of mild weather in the coming months.The average LNG price for December delivery into north-east...

Europe's wind power goal hits new snag: security

2023-10-30 00:00:00

NYSTED WIND FARM, Denmark, Oct 29 (Reuters): As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, a peaceful marine scene conceals a billion-dollar security headache.Rising above the Baltic Sea less than 10 km...

Messi eyes an eighth Ballon d'Or

2023-10-30 00:00:00

PARIS, Oct 29 (AFP): Lionel Messi is the favourite to win the eighth Ballon d'Or of his remarkable career when this year's ceremony to crown the planet's best footballer takes place in Paris on Monday, while Spain's World Cup-winning star...

Juventus move atop Serie A for first time in more than 3 years

2023-10-30 00:00:00

ROME, Oct 29 (AP): Embattled Juventus is back atop Serie A for the first time in more than three years.Substitute Andrea Cambiaso scored seven minutes into stoppage time for his first goal with Juventus to earn the record 36-time Italian...

Sri Lanka face Afghanistan in must-win WC clash today

2023-10-30 00:00:00

PUNE, Oct 29 (Agencies): Emboldened by back-to-back wins, a tenacious Sri Lanka will have to tide over the injury-enforced absence of lead pacer Lahiru Kumara when they face a spirited Afghanistan in a battle for survival in the World Cup...

BCB likely to make changes in Tigers' coaching staff

2023-10-30 00:00:00

Bangladesh Cricket Board (BCB) is likely to make changes in their coaching set-up following the ongoing ICC Men's ODI World Cup 2023, according to Cricbuzz. A BCB source confirmed the development to the online sports portal and added that future...

Tigers stand on the brink of not qualifying for 2025 ICC Champions Trophy

2023-10-30 00:00:00

vAnother match in the ICC World Cup 2023, and Bangladesh have found themselves one more step down in the points table. With this defeat, Bangladesh's chance to qualify for the next phase of the World Cup has effectively ended.With the...

Bangladesh set to fail Korean quota for 2023

ARAFAT ARA | 2023-10-29 12:00:00

Bangladesh is likely to fail to fulfil almost half of the South Korean job quota set for this year owing to less demand for workers from employers.Korea recruits semi-skilled and skilled foreign workers for different sectors as it announced a...

ACI in the red in FY23, weighed down by losses of 2 subsidiaries

Mohammad Mufazzal | 2023-10-29 12:00:00

Advanced Chemical Industries (ACI) endured a consolidated loss of Tk 493.96 million in FY23 as two subsidiaries wiped out the profit made by the parent company. ACI Ltd bagged a profit of Tk 1.76 billion in FY23 out of its...