LENORAH, July 28 (AP): To the naked eye, the Mako Compressor Station outside the dusty West Texas crossroads of Lenorah appears unremarkable, similar to tens of thousands of oil and gas operations scattered throughout the oil-rich Permian Basin.What's not visible...
KYIV, July 28 (AFP): Ukraine said Thursday that Moscow's forces had struck a military base north of the capital Kyiv, in a rare admission of a successful Russian attack on Ukrainian military infrastructure.Senior Ukraine military official Oleksiy Gromov told reporters...
PYONGYANG, July 28 (BBC): North Korea is ready to mobilise its nuclear war deterrent, its leader Kim Jong-un has claimed.Speaking at a Korean War anniversary event, Mr Kim added that the country was "fully ready for any military confrontation" with...
Citibank, N.A. Bangladesh recently hosted a client awareness programme on 'e-Payment of Customs Duty and VAT Online' with participation from local and global corporate and regulators, says a press release. Citi has been one of the leading banks in promoting...
Global Islami Bank opened its three sub-branches at Bajitpur in Kishoreganj, Majhira in Bogura and Voktobari Bazar in Narayanganj on Thursday. Syed Habib Hasnat, Managing Director of the bank, along with other high officials virtually inaugurated the sub-branches as the...
Arafat Ara | 2022-07-29 00:00:00
The United Arab Emirates (UAE) has emerged as a potential market for Bangladeshi jute goods, as the Arab nation has planned to gradually phase out different plastic-made products, including bags, official sources said.The Ministry of Textiles and Jute (MoTJ) gave...
The Pakistani rupee's losses continued on Thursday as the currency closed at a record low of Rs239.94 against the dollar in the interbank market, reports DAWN.According to the Forex Association of Pakistan (FAP), the rupee lost 4.48, or 1.89 per...
For the first time, a shipment of garments produced in Bangladesh has been shipped abroad from Mongla port, opening a new avenue for the export sector in the country, reports bdnews24.com.The Maersk Nesna, a ship bearing the flag of Panama,...
Janata Bank Managing Director and CEO Md Abdus Salam Azad inaugurated a 30-day foundation training course at Janata Bank Staff College, Dhaka on Thursday. Some 50 officers of the bank are taking part in the course. Principal of Janata Bank...
The Business Review Meeting-2022 of Karmasangsthan Bank was held at the bank's head office on Thursday. Md Nurul Amin, chairman of the bank, was present as the chief guest while Managing Director Shirin Akhter, General Managers Goutam Saha and Meher...
JAKARTA, July 28 (Reuters): Indonesia's Krakatau Steel and South Korea's Posco Holdings have agreed to invest $3.5 billion to expand their production capacity in the Southeast Asian country, the companies said on Thursday.Under the deal, the companies agreed to increase...
SINGAPORE, July 28 (Reuters): Top oil exporter Saudi Arabia could raise September crude prices for customers in Asia for a third month even though refining margins have declined as high fuel prices and persistent COVID-19 restrictions in China hit demand.State...
Shihab Sarkar | 2022-07-29 00:00:00
Even the infamously mechanised city of Kolkata, the Indian state of West Bengal's capital, now boasts of its patches of green. Even during his youth one-and-half century back Rabindranath Tagore portrayed Kolkata as a city, "where the residents were mere...
The T20 World Cup will be hosted by Bangladesh in 2024 and by England in 2026, according to Cricbuzz.com. From 2024 to 2027, three of the four ICC tournaments in women's cricket will likely be played in the Indian subcontinent....
FE REPORT | 2022-07-28 00:00:00
Bangladesh Bank (BB) has directed all banks concerned to put on hold purchase of new or replacement vehicles, along with other austerity measures, in the wake of the present global economic situation.The central bank issued a circular to this effect...
FE REPORT | 2022-07-28 00:00:00
A legal notice has been served on the bodies concerned of the government demanding scrapping of a clause of the Representation of the People Order (RPO), 1972 that bars a retired government service holder from participating in the parliament election...
Two pilots were injured as a training helicopter of the Bangladesh Army made crash landing on a waterbody in Nawabganj Upazila of Dhaka district on Wednesday, reports UNB.The pilots- Lt Col Ismail and Major Shams were shifted to Dhaka Combined...
After recovering swiftly from the havoc caused by the COVID-19 pandemic, Bangladeshi garment manufacturers are now anticipating a slowdown as sales at key customers such as Walmart are hit by a spike in inflation, reports Reuters.The garments industry accounts for...
FE REPORT | 2022-07-28 00:00:00
Bangladesh should focus on the youth's engagement in economic activity to achieve its development goals as they constitute one third of the population, speakers suggested at a dialogue on Wednesday.In order to make the best use of the demographic dividend,...
Dengue claimed another life and 99 new patients were hospitalised with the viral infection in 24 hours until Tuesday morning, according to the Directorate General of Health Services (DGHS), reports UNB.With these, the authorities recorded eight deaths from the viral...
M AZIZUR RAHMAN | 2022-07-28 00:00:00
State-run Bangladesh Petroleum Corporation (BPC) is continuing regular import of petroleum products under contractual obligations amid austerity measures taken by the government to reduce fuel consumption.Although the government has instructed the BPC to reduce import of diesel by 20 per...
OUR CORRESPONDENT | 2022-07-28 00:00:00
CHATTOGRAM, Jul 27: Former officer-in-charge (OC) of Teknaf police station Pradip Kumar Das and his spouse Chumki Karon have been awarded 20 years and 21 years in jail for amassing wealth illegally.The Pradeep-Chumki couple are also fined Tk 4.101 crore...
FE REPORT | 2022-07-28 00:00:00
The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) suggested considering using a second currency, other than the US dollar, for international trading. The proposal came up following volatility in the country's forex market, as a result of which value...
FHM HUMAYAN KABIR | 2022-07-28 00:00:00
Bangladesh's debt servicing crossed US$2.01 billion in the last fiscal year as payment for some previously borrowed big loans began, officials say, amid reported strains on the country's foreign-exchange reserves.Out of the debt-servicing amount, $1.42 billion is paid as the...
FE REPORT | 2022-07-28 00:00:00
Finance Minister A H M Mustafa Kamal Wednesday admitted seeking loans from the International Monetary Fund (IMF), although last week he denied any intention to take loans immediately."If I expose my need, the lender will impose higher cost and conditions,"...
FE REPORT | 2022-07-28 00:00:00
The total population in Bangladesh now stands at 165.16 million with a declining trend of the number of males compared to their female counterparts.The provisional data of the latest census, done by the Bangladesh Bureau of Statistics (BBS), revealed the...
FE REPORT | 2022-07-28 00:00:00
The D8 bloc agrees to implement preferential trade agreement (PTA) by next year for business boosting, at a time when economic crises sweep the world from different directions.A meeting of the D8 Council of Ministers in Dhaka Wednesday reached the...
SIDDIQUE ISLAM | 2022-07-28 00:00:00
An eventual policing drive against suspected manipulators brought down the overheating cash-dollar price on the open market that hit Tk 112 Tuesday amid growing concerns about Bangladesh's foreign-exchange reserves.Market operators said the exchange rate of the US currency came down...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh and Sylhet divisions in the next 24-hour from 06:00 am today (Thursday), according to the Met Office.Day and night temperature...
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