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A concerted, coordinated effort must for macroeconomic management

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Towfiqul Islam Khan, Muntaseer Kamal, and Syed Yusuf Saadat | 2023-05-28 00:00:00

The assessment of key macroeconomic correlates of Bangladesh being carried out by the Centre for Policy Dialogue (CPD) as part of its flagship Independent Review of Bangladesh Development (IRBD) programme comes at a crucial juncture in the country's development journey....

Indonesia's anti-trust body fines cooking oil firms

2023-05-28 00:00:00

JAKARTA, May 27 (Reuters): Indonesia's anti-monopoly agency (KPPU) ordered seven cooking oil companies on Friday to pay fines of up to $2.8 million for restricting sales amid scarce supplies last year.KPPU launched an investigation into the conduct of cooking oil...

Vietnam to cut annual rice exports by 44pc by 2030

2023-05-28 00:00:00

HANOI, May 27 (Reuters): Vietnam aims to cut its rice exports to 4 million tonnes a year by 2030, the government said in a document detailing its rice export strategy, down from 7.1 million tonnes last year.Vietnam is the world's...

UK airports face border system issue, causing major delays

2023-05-28 00:00:00

LONDON, May 27 (Reuters): Passengers flying into Britain faced major delays after landing at airports on Saturday due to a nationwide issue affecting the automated border control gates that scan passports upon arrival.Images posted on social media showed long queues...

Black Sea grain deal slow to get moving after extension

2023-05-28 00:00:00

UNITED NATIONS, May 27 (Reuters): A deal allowing the safe wartime export of grain and fertilizer from Ukrainian Black Sea ports has not yet resumed full operations, the United Nations said on Friday, having come to a halt before Russia's...

Four dead in rare shooting in Japan

2023-05-27 00:00:00

TOKYO, May 26 (Reuters): Japanese authorities said on Friday they arrested a 31-year-old man in a rural area for suspected murder after four people were killed in a rare shooting and stabbing incident involving a 12-hour stand-off with police.The suspect...

BD, Brazil willing to boost trade ties

FE REPORT | 2023-05-27 00:00:00

Bangladesh and Brazil have expressed the willingness to improve trade relations between the two countries by removing the barriers to trade, including communication and shipments. The two countries expressed their interest at the first bilateral business conference in Dhaka on...

Democracy wins through Gazipur city polls: Quader

2023-05-27 00:00:00

Awami League General Secretary Obaidul Quader today said democracy has won through the Gazipur City Corporation (GCC) polls as it was held in a free, fair and peaceful manner, reports BSS."Democracy has won through the Gazipur city election and it...

A worker spreads small pieces of used plastic products on the bank of Buriganga river in Lalbagh area of

2023-05-27 00:00:00

A worker spreads small pieces of used plastic products on the bank of Buriganga river in Lalbagh area of Dhaka to dry them in the sun on Friday. These plastic chips, which are obtained by crushing the used plastic products,...

So cheap green papaya now so dear

YASIR WARDAD | 2023-05-27 00:00:00

Green papaya, once a cheap vegetable, has now turned so expensive, making it difficult for the poor to source this nutrition-rich item.Papaya price hit an all-time high of 110 a kg in the third week of April from Tk 50-55,...

SPM work nearing completion

Nazimuddin Shyamol | 2023-05-27 00:00:00

CHATTOGRAM, May 26: Construction of the Single Point Mooring (SPM) project in Cox's Bazar Moheshkhali area is reaching its final stages, with around 97 per cent of the project completed. The remaining work is expected to be finished by the...

Graft lawsuits stayed by HC still high

SAJIBUR RAHMAN | 2023-05-27 00:00:00

The number of graft cases stayed by the High Court (HC) still remains high despite a determined effort by the Anti-Corruption Commission (ACC) for faster resolution.The graft-buster could not move with the trial of 431 high-profile lawsuits as the higher...

Govt exploring markets for export of agri items

FE Report | 2023-05-27 00:00:00

The government is exploring export markets worldwide for its agricultural products to increase earnings from the sector as well as to overcome possible shocks after the country's LDC graduation, sources said. As part of the move, the Ministry of Agriculture...

Briefing 2023-05-27

2023-05-27 00:00:00

Stocks surge to 6-month high on buying spree Stocks reach 6-month high on buoyant investor buying, with DSEX climbing 35.54 points to settle at 6,325.73. Blue-chip DS30 Index up 3.22 points, while DSES Index rises 2.53 points. Medium- and small-cap...

Biden, McCarthy looking to close US debt ceiling deal for two years

2023-05-27 00:00:00

WASHINGTON, May 26 (Reuters): The White House and congressional Republicans on Friday aimed to put the final touches on a deal to raise the US government's $31.4 trillion debt ceiling for two years while capping spending on many government programs,...

Ctg port grappling with post-Mocha ship backlog

FE REPORT | 2023-05-27 00:00:00

The Chittagong seaport continues to experience a backlog of container ships as a result of a 60-hour operation shutdown caused by Cyclone Mocha, which hit the Bangladesh coast in mid-May, according to officials.Almost every day, 10 to 15 container vessels...

Traders display day-old chicks for sale on the footpath outside their shops at Nimtali in old Dhaka on Friday.

2023-05-27 00:00:00

Traders display day-old chicks for sale on the footpath outside their shops at Nimtali in old Dhaka on Friday. These chicks are mostly purchased by small poultry farmers. As chicken prices continue to climb, the cost of these chicks is...

Novel insurance accelerator up for AI-era economy

JASIM UDDIN HAROON | 2023-05-27 00:00:00

Bangladesh’s insurance penetration and financial inclusion through tech-era innovations are poised for a quantum leap with a novel acceleratory body matching with the new economy, sources said. The Insurance Regulatory Sandbox, first of its kind in the country’s financial history,...

Mild heat wave sweeps some districts----------------------

2023-05-27 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Mymensingh, Dhaka, Khulna, Barishal, Chattogram and Sylhet divisions and at a few places over Rangpur and Rajshahi divisions in the next 24 hours until 06:00...

Garment worker stabbed to death in Savar

2023-05-27 00:00:00

SAVAR, May 26 (UNB): A garment worker was stabbed to death by hijackers in Savar in the C&B area on Thursday night, according to police.The dead is Palash Chandra Mistry (35) of Thakurgaon district.Deepak Chandra Saha, officer-in-charge of Savar Model...

Pak diplomat, his family members escape unhurt

2023-05-27 00:00:00

BRAHMANBARIA, May 26 (UNB): The Deputy High Commissioner of Pakistan to Bangladesh and his family members narrowly escaped unhurt after a speeding bus collided head-on with his car in Brahmanbaria on Friday noon, police said.Akul Chandra Biswas, officer-in-charge (OC) of...

One held with yaba at HSIA

2023-05-27 00:00:00

FE REPORT Armed Police Battalion (APBN) arrested a person on Friday with 565 pieces of yaba tablets from Hazrat Shahjalal International Airport in the capital. The arrestee is Md Jahid Hossain (27). Members of APBN noticed his suspicious movements, challenged...

UN honours five fallen BD peacekeepers

2023-05-27 00:00:00

The United Nations has awarded 'Dag Hammarskjöld Medal' to five fallen Bangladeshi peacekeepers for their supreme sacrifice in UN Peacekeeping operations, reports UNB.The award was handed over on Friday at the General Assembly Hall by the UN Secretary-General António Guterres...

Garment and Sweeter Sramik Trade Union Kendra held a protest rally in front of the Jatiya Press Club in the

2023-05-27 00:00:00

Garment and Sweeter Sramik Trade Union Kendra held a protest rally in front of the Jatiya Press Club in the city on Friday to press home their demands including fixing minimum Tk 23,000 monthly wage for the apparel workers —...

EU gives €2.5m to support cyclone Mocha victims

2023-05-27 00:00:00

Following cyclone Mocha that hit Myanmar and Bangladesh, the European Commission has released €2.5 million in emergency humanitarian aid to address the most urgent needs of the affected population, reports UNB.The full magnitude of the damage is not yet known...

US visa policy reflects people's demand for restoration of voting rights: Fakhrul

2023-05-27 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir has said the new visa policy of the USA targeting Bangladesh's next election has reflected the people's long-standing demand for restoration of voting rights, reports UNB.In a statement in the early hours of...

Five BNP men injured in Khagrachhari, dozens in Keraniganj

2023-05-27 00:00:00

At least five BNP men, including Khagrachhari unit vice president Khetro Mohon Royaza, were injured in an attack on a motorcade allegedly by ruling Awami League men in Sadar upazila of Khagrachhari and dozens were injured in AL-BNP clash in...

Nasrul Hamid slams BNP cadres for attack on AL office in Keraniganj

2023-05-27 00:00:00

Sharing images of wounded party men, in the assault by BNP on Friday, Nasrul Hamid, State Ninister for Power, Energy and Mineral Resources Nasrul Hamid came down heavily on BNP cadres who attacked the AL party office in his constituency...

More sanctions will come if democracy not restored

2023-05-27 00:00:00

FE REPORT More sanctions will come if democratic environment is not restored in the country, cautioned BNP Standing Committee Member Amir Khasru Mahmud Chowdhury.He said the government tries to prove that the trend of fair election is ongoing in the...

Awami League General Secretary Obaidul Quader, also the road transport and bridges minister, addressing a

2023-05-27 00:00:00

Awami League General Secretary Obaidul Quader, also the road transport and bridges minister, addressing a protest rally organised by the ruling party's Dhaka south city unit in front of its Bangabandhu Avenue central office in the city on Friday —...