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Trial run on Nov 2, inauguration Nov 12

OUR CORRESPONDENT | 2023-10-22 00:00:00

COX'S BAZAR, Oct 21: The trial run on the Dohazari-Cox's Bazar railway line is scheduled for November 2, with Prime Minister Sheikh Hasina set to inaugurate it on November 12, according to railway authorities.As part of the project, nine rail...

Kaptai hanging bridge in Rangamati opens to tourists after over one month

2023-10-22 00:00:00

RANGAMATI, Oct 21 (UNB): After a month and half of staying closed following inundation, the iconic hanging bridge on Kaptai Lake, known as a "symbol of Rangamati", has opened to tourists and visitors.The local administration withdrew the ban on tourist...

S Arabia's crude exports drop to 28-month low in August

2023-10-22 00:00:00

Saudi Arabia's crude oil exports in August hit their lowest level in 28 months as they fell for a fifth straight month, data from the Joint Organizations Data Initiative (JODI) showed on Monday, reports Reuters.Crude exports from the world's largest...

Bangladesh Small and Cottage Industries Corporation (BSCIC) Chairman Md. Mahbubor Rahman speaking

2023-10-22 00:00:00

Bangladesh Small and Cottage Industries Corporation (BSCIC) Chairman Md. Mahbubor Rahman speaking as the chief guest at a function held in the city on Saturday marking the World Iodine Day-2023

India rice prices retreat as export duty extension hurts demand

2023-10-22 00:00:00

Parboiled rice export prices in top hub India declined for the third straight week on sluggish demand, primarily due to the extension of export duties until March 2024, reports Reuters. Prices for India's 5 per cent broken-parboiled variety fell to...

Myanmar junta orders air strikes to recover lost outposts

2023-10-22 00:00:00

YANGON, Oct 21 (AFP): Myanmar's ruling junta ordered air strikes and troop reinforcements as it tried to recover lost outposts near the Chinese border from rebels, the military said.The toppling of Aung San Suu Kyi's civilian government in a 2021...

Thousands in Australia join pro-Palestinian march over Gaza

2023-10-22 00:00:00

SYDNEY, Oct 21 (Reuters): Thousands took part in a pro-Palestinian march in Australia's biggest city, Sydney, on Saturday, getting last-minute approval amid concerns after some protesters at an earlier rally had chanted anti-Jewish slogans.Protesters worldwide on Friday demanded an end...

Three-time Pak PM Nawaz Sharif arrives home from exile

2023-10-22 00:00:00

ISLAMABAD, Oct 21 (Reuters): Pakistan's three-time Prime Minister Nawaz Sharif arrived home on Saturday from four years of self-imposed exile in London to kick-start his party's campaign for an election early next year, targeting former premier Imran Khan as the...

World leaders attend Cairo peace summit to 'de-escalate' Israel-Hamas war

2023-10-22 00:00:00

CAIRO, Oct 21 (Agencies): Leaders and top officials from more than a dozen countries have gathered in the Egyptian capital, Cairo, for a conference to discuss ways to "de-escalate" the Israel-Hamas war amid growing fears of a wider Middle East...

Creating job opportunities for unemployed graduates

2023-10-22 00:00:00

Bangladesh is one of the countries with the highest rate of unemployed educated youth. Graduates are finding it hard to get a job as the conventional education system does not equip them with the skills the job market demands. According...

Protecting our water reservoirs

2023-10-22 00:00:00

Bangladesh was once full of rivers, canals and water bodies. They were the lifeline for almost every aspect of our life. Many of these water reservoirs are, however, dying fast because of pollution and land-grabbing. A number of rivers have...

Gains of mid-day meal at school

Shihab Sarkar | 2023-10-22 00:00:00

It is the different types of infrastructural limitations that discourage many child students of the rural primary schools from attending classes. A large number of these institutions include schools run by the government. Thanks to the parents having dreams of...

Adopting correct policy to encourage FDI

Asjadul Kibria | 2023-10-22 00:00:00

Bangladesh has long been trying to attract a higher amount of FDI. Various policy measures and fiscal incentives have gone into alluring foreign investors. The country's investment policy opens up all but four sectors for outside private investment. The policy...

Taming inflation thru flexible taxation

2023-10-22 00:00:00

The idea of setting different tariffs for agricultural commodities based on their production calendar sounds good, for its basic objective is to protect the interests of domestic producers, consumers and the government. But its execution might prove daunting because of...

Industrial physics & economic prosperity

Abdullah A. Dewan and Mia M. Nasimullah | 2023-10-22 00:00:00

"Industrial physics is the application of physics knowledge and principles to the design and manufacturing of products," said Steven Lambert, APS Industrial Physics Programme Manager (APS: American Physical Society). "The success of modern technology is built upon a foundation of...

Pay jute goods' export money directly to millers

FE REPORT | 2023-10-21 12:00:00

From now on, authorised dealer banks will send the money against export prices of jute products to the exporter millers' accounts directly to help eliminate any kind of irregularities.Besides, the money against export prices can be paid to the millers...

Beximco's profit slumps 43pc, as demand slows at home, abroad

FE REPORT | 2023-10-21 12:00:00

Bangladesh Export Import Company (Beximco) reported a 43 per cent year-on-year decline in profit to Tk 7.10 billion for FY23, as exports and local demand plummeted. Beximco, the flagship company of the Beximco Group, gained a higher profit in FY22...

In time of lean FDI inflow

Syed Mansur Hashim | 2023-10-21 12:00:00

It is disconcerting to see that foreign direct investment (FDI) in the country has contracted by around 7.0 per cent to US$3.2 billion in the current fiscal. The central bank data show that this trend started last year when the...

Fair global trade impossible without changing West's status quo: Russian PM

2023-10-21 00:00:00

MOSCOW, Oct 20 (TASS): The West is seeking after establishing control over the global economy but the majority of countries understand that qualitative development is impossible in such conditions, Prime Minister Mikhail Mishustin said at the Made in Russia 2023...

US warship intercepts missiles fired from Yemen 'towards Israel'

2023-10-21 00:00:00

A US Navy warship has intercepted missiles and drones launched from Yemen by the Iran-aligned Houthi movement, US officials say. A Pentagon spokesman said the missiles had been launched "potentially towards targets in Israel".The USS Carney, a guided-missile destroyer, was...

First aid delivery due in Gaza on Saturday or so

2023-10-21 00:00:00

The first aid delivery into the besieged Gaza Strip via the Rafah border crossing with Egypt should take place "in the next day or so", the United Nations said Friday."We are in deep and advanced negotiations with all relevant sides...

Bharat Biotech working on developing dengue vaccine: Officials

2023-10-21 00:00:00

Hyderabad, India, Oct 20 (UNB) - BHARAT BIOTECH, one of India's leading vaccine manufacturers, is working on the development of dengue vaccine.At the same time, the BHARAT BIOTECH authority has announced that the third trial for Chikungunya vaccine is currently...

Fourth batch of uranium for RNPP reaches Rooppur amid tight security

2023-10-21 00:00:00

The fourth consignment of uranium, the nuclear fuel for Rooppur Nuclear Power Plant, has arrived in Pabna's Rooppur under special security arrangement, reports UNB.A convoy carrying the fresh nuclear fuel entered the project area around 9:30 am on Friday.Confirming the...

Australia's Mitchell Marsh (back) celebrates with his teammate David Warner

2023-10-21 00:00:00

Australia's Mitchell Marsh (back) celebrates with his teammate David Warner after scoring a century (100 runs) during the 2023 ICC Men's Cricket World Cup one-day international (ODI) match between Australia and Pakistan at the M. Chinnaswamy Stadium in Bengaluru on...

Japan inflation slows to under 3 per cent

2023-10-21 00:00:00

TOKYO, Oct 20 (AFP): Japanese consumer inflation slowed to below three percent last month for the first time since August 2022 on the back of easing gas and electricity prices, government data showed Friday.The annual reading of 2.8 percent, excluding...

China to boost 'trust' after debt deal, Xi tells Sri Lankan president

2023-10-21 00:00:00

BEIJING, Oct 20 (AFP): President Xi Jinping told his Sri Lankan counterpart on Friday that China would look to deepen "mutual trust" with Colombo, which is working to recover from its worst-ever economic crisis.Sri Lanka defaulted on its $46 billion...

Hailed for streamlining e-commerce, now a major hurdle for entrepreneurs?

REZAUL KARIM | 2023-10-21 00:00:00

Obtaining digital business identification has turned out to be the main obstacle to the country's e-commerce sector, alleged the e-Commerce Association Bangladesh (e-CAB), as it sought urgent steps from the commerce ministry to ease the registration process. In a letter...

Indian firm halts uniform sales to Israel police over Gaza war

2023-10-21 00:00:00

BENGALURU, India, Oct 20 (AFP): An Indian firm is terminating a longstanding contract to make uniforms for the Israeli police, telling AFP on Friday that it had made a "moral decision" in light of the war in Gaza.Maryan Apparel in...

Bangladesh offers special prayers for Palestinian victims

2023-10-21 00:00:00

Muslim devotees are in a special prayer for Palestinian after Jummah namaz at a mosque in Sylhet city on Friday.Dhaka, Oct 20 (UNB)- Bangladesh on Friday held special prayers for the victims of the Israeli attacks in Gaza and other...

Bicycle export earnings drop drastically in Q1

SAIF UDDIN | 2023-10-21 00:00:00

A drastic fall in the demand for bicycles abroad mainly due to an economic slowdown in key export destinations has put the local manufacturers in dire straits, insiders have said.According to them, domestic exports have dropped significantly in the recent...