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BNP becomes crazy seeing global praise for BD, says Hasan

2023-05-07 00:00:00

CHATTOGRAM, May 06 (BSS): Information and Broadcasting Minister Dr Hasan Mahmud on Saturday said BNP leaders have become crazy as the whole world is praising Bangladesh and they are talking nonsense."The scenario of Bangladesh has been changed due to the...

Sheikh Hasina's home-coming day today

2023-05-07 00:00:00

Awami League president and Prime Minister Sheikh Hasina returned home on May 7 in 2007 defying a ban on her homecoming during the state of emergency, reports BSS.On this day in 2007, amid the state of emergency declared by the...

Judiciary should ensure quick services for justice seekers

2023-05-07 00:00:00

Law Minister Anisul Huq on Saturday said the government is ready to provide all sorts of assistance to the judiciary, but the judiciary should ensure quick services for the justice-seekers, reports BSS."The government will have no qualms in providing all...

BNP making outline of conspiracy to halt development: Quader

2023-05-07 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Saturday said BNP is not preparing outline of movement rather they are preparing outline of conspiracy to halt the country's ongoing progress, reports BSS."BNP is holding secret...

Currency depreciation & the exchange rate regime in Bangladesh

Muhammad Mahmood | 2023-05-07 00:00:00

As a growing economy, Bangladesh is actively involved in international trade and foreign direct investment (FDI). As such, the exchange rate greatly matters to the Bangladesh economy because of its influence on trade and financial flows between Bangladesh and the...

Limiting children's online addiction

2023-05-07 00:00:00

Technology has both advantages and drawbacks. And its benefits can only be realised when it is used wisely. Otherwise, it can be dangerous. Some parents may feel happy seeing that their children have become tech-savvy. But only a few of...

Need for more trained electricians

2023-05-07 00:00:00

Electricity is an essential ingredient of life nowadays. Extension of power lines to urban and rural areas as well as to different organisations has been going on since 2010. No doubt it infused dynamism in the Bangladesh economy. But along...

Repairing gas leaks

2023-05-07 00:00:00

Many residents of Dhaka city have been complaining of gas smell and leaks for the past couple of weeks. The smell of leaked gas has been reported from Lalbagh, Hazaribagh, Mohammadpur and Khilgaon areas. It has created panic among people...

The all-important exam

Shihab Sarkar | 2023-05-07 00:00:00

Passing school final exams is considered the first major test in the academic career of a student in almost all countries. In Bangladesh, it's like achieving an academic milestone. In the past, passing the entrance or matriculation would mark an...

Bypassing dollar in international trade

Asjadul Kibria | 2023-05-07 00:00:00

Excitement runs high across the world to bypass or avoid the United States (US) dollar and use national currencies in international trade payments. Many developing nations have been trying to push their own currencies to settle trade with the partners...

Amending Fire Prevention & Extinguishing Act

2023-05-07 00:00:00

The Bangladesh Fire Service and Civil Defence authority has approached the government with a proposal to amend the Fire Prevention & Extinguishing Act, 2003. The amendment being proposed would award the Fire Service with magistracy powers. Given that there have...

Saudi Arabia cuts June crude oil prices for Asia

2023-05-07 00:00:00

SINGAPORE, May 6 (Reuters): Saudi Arabia, the world's top oil exporter, has cut the price of its June flagship crude to Asian buyers for the first time in four months, following a plunge in refining margins.The official selling price (OSP)...

Temasek considers investing $100m in Indian jeweller BlueStone

2023-05-07 00:00:00

BENGALURU/SINGAPORE, May 6 (Reuters): Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20 per cent, two sources with direct knowledge of the matter told Reuters.The investment would value Bengaluru-based...

Padma Bank organised its first-ever conference for the Branch Anti-Money Laundering Compliance Officers. A total of 120

2023-05-07 00:00:00

Padma Bank holds BAMLCO ConferencePadma Bank organised its first-ever conference for the Branch Anti-Money Laundering Compliance Officers. A total of 120 participants joined the 'BAMLCO Conference-2023' held at the Police Plaza Convention Centre in Dhaka on Saturday. Md. Masud Biswas,...

Prime Minister's Private Industry and Investment Adviser Salman F Rahman and UK's Investment Minister Lord Dominic Johnson

2023-05-07 00:00:00

Prime Minister's Private Industry and Investment Adviser Salman F Rahman and UK's Investment Minister Lord Dominic Johnson signed a Joint Communique with the aim of establishing an 'Aviation Partnership' with the UK. Prime Minister's Principal Secretary M Tofazzal Hossain Mia...

Global copper smelting slides to two-year low in April

2023-05-07 00:00:00

LONDON, May 6 (Reuters): Global copper smelting activity slid in April to the lowest level in two years as Chinese operations shut for maintenance and plants in North America slowed down, data from satellite surveillance of metal processing plants showed...

Swiss chemicals maker Clariant misses profit estimates

2023-05-07 00:00:00

Swiss specialty chemicals maker Clariant missed first-quarter profit expectations on Friday as customers cut inventories and demand softened in some business areas, reports Reuters.The company, which has increased its prices by 7 per cent year-on-year and by 2 per cent...

US bank lending touches record as deposits fall

2023-05-07 00:00:00

Deposits at US commercial banks fell toward the end of April to the lowest in nearly two years, data released on Friday by the Federal Reserve showed, while overall credit provided by banks moved up, led by a record level...

Asian-Entech Power Corporation, a concern of Doreen Group, and Marubeni Corporation signed a Memorandum of Understanding

2023-05-07 00:00:00

Asian-Entech Power and Marubeni sign MoUAsian-Entech Power Corporation, a concern of Doreen Group, and Marubeni Corporation signed a Memorandum of Understanding (MoU) at the Trading and Investment Summit in Japan in presence of Prime Minister Sheikh Hasina during her recent...

Hungary seeks to strengthen trade ties with Bangladesh

2023-05-07 00:00:00

FE ReportHungary has shown interest in strengthening trade and business with Bangladesh, aiming to boost bilateral relations between the two countries.Hungarian Foreign Affairs and Trade Minister Péter Szijjártó expressed the interest at a meeting with Bangladesh Commerce Minister Tipu Munshi...

Nazeem A Choudhury new DMD of Prime Bank

FE DESK | 2023-05-07 00:00:00

Nazeem A. Choudhury has joined Prime Bank Limited as its deputy managing director (DMD), said a statement.Mr Choudhury has more than 22 years of diversified experience in business development, sales & marketing and communications. Prior to joining Prime Bank, he...

BRAC Bank introduces yoga for employees

2023-05-07 00:00:00

FE DESKBRAC Bank has introduced yoga classes for its employees as part of its wellness drive across the company. The bank has welcomed Yogi Shameem Mahbub, an 89-year-old experienced yoga practitioner, to teach the classes, said a statement.Shameem Mahbub has...

Apple's results send shares surging to nine-month high

2023-05-07 00:00:00

Apple's stock surged nearly almost 5 per cent on Friday, hitting a nine-month high and on track for its biggest one-day gain since November after the iPhone maker's quarterly results cheered investors worried about a potential recession, reports Reuters.The rally...

How much cement makers' earnings hold out hope for future growth?

2023-05-07 00:00:00

Mohammad MufazzalCement makers seemed alarmed when they revealed in March that the month that usually records highest demand in a year saw a 14 per cent drop in sales compared to the same month of the previous year. They termed...

BGMEA, TTRI join hands to enhance capacity

2023-05-07 00:00:00

FE REPORTThe apex apparel body BGMEA has teamed up with the Taiwan Textile Research Institute (TTRI) to boost capacity of the domestic ready-made garment (RMG) industry.The institute will collaborate in the areas of product development, especially manufacturing high-end products of...

GPH Ispat signs MoU with Apollo Imperial Hospitals

2023-05-07 00:00:00

GPH Ispat and Apollo Imperial Hospitals Chattogram signed a Memorandum of Understanding (MoU) recently to provide medical services to GPH employees and their dependents, says a press release.Chief Corporate Relations Officer of GPH Ispat Shobhon Mahbub Shahabuddin Raj and Chief...

Vietnam boosts rare earths output by tenfold

2023-05-07 00:00:00

HANOI, May 6 (Reuters): Vietnam's mined output of rare earths soared tenfold last year, US data showed, as global firms have flocked to the Southeast Asian country with the world's second largest estimated deposits to reduce reliance on China for...

Oil prices jump but post third straight weekly fall on economic woes

2023-05-07 00:00:00

Oil prices rose on Friday but fell for the third straight week after a sharp fall earlier this week ahead of benchmark interest rate rises and on concern that the US banking crisis will slow the economy and sap fuel...

Pakistan No. 1 ODI team in ICC rankings for first time

2023-05-07 00:00:00

KARACHI, May 06 (Geo Tv): Pakistan has achieved the number one position in the ICC ODI rankings for the first time since the introduction of ICC's official team ranking system in 2005 after a comfortable win in the fourth ODI...

Pakistan cruise to comfortable victory over Bangladesh

2023-05-07 00:00:00

Pakistan U-19 cruised to a comfortable 9-wicket victory over Bangladesh U-19 in the first one-day of the five-match series at Zahur Ahmed Chowdhury Stadium in Chattogram on Saturday, reports UNB.Bangladesh lost the toss and batted first but struggled to get...