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Israel vows to broaden Rafah sweep amid heavy fighting

2024-05-21 00:00:00

RAFAH, May 20 (Reuters/BBC): Israel made a new push in central Gaza on Monday, bombarded towns in the north of the Strip and said it intended to broaden its military operation in Rafah despite US warnings of the risk of...

More than a third of Italian teens want to emigrate

2024-05-21 00:00:00

ROME, May (Reuters): More than a third of Italian teenagers want to emigrate when they are older, according to a survey by national statistics institute Istat which also found that young people have become more anxious about the future.The findings...

Ryanair annual profit jumps on higher demand

2024-05-21 00:00:00

LONDON, May 20 (AFP): Irish no-frills carrier Ryanair on Monday said group net profit jumped a third to 1.92 billion euros in its financial year as higher demand and fares offset ballooning fuel costs.Profit after tax climbed 34 per cent...

Apple slashes iPhone prices in China amid fierce Huawei competition

2024-05-21 00:00:00

BEIJING, May 20 (Reuters): Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.The discounting comes as the U.S. tech giant seeks to defend...

ISLAMI BANK OPENS STALL AT SME PRODUCT FAIR-2024

2024-05-21 00:00:00

Islami Bank Bangladesh PLC has opened a stall at the 11th National SME Product Fair-2024 at Bangabandhu International Conference Centre in Dhaka. Md Altaf Hossain, Additional Managing Director of the bank, inaugurated the stall on Sunday as the chief guest....

40TH AGM OF SABINCO HELD

2024-05-21 00:00:00

The 40th Annual General Meeting (AGM) of Saudi-Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO) was held at its Head Office at Nikunja in Dhaka recently. The meeting approved cash dividend of Tk 150 million for the year 2023. The...

StanChart, TMSS partner to promote eco-friendly agri practices

2024-05-21 00:00:00

Standard Chartered Bangladesh and Thenga-mara Mohila Sabuj Sangha (TMSS) have joined forces to empower 11,000 farmers to adopt polyhouse farming, an eco-friendly agricultural practice. This modern method allows for year-round cultivation, regardless of external conditions.Farmers in Bogura, Joypurhat, Sirajganj, Natore,...

Speculative frenzy propels copper to record high

2024-05-21 00:00:00

LONDON, May 20 (Reuters): Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the metal used in the power and construction industries.Short...

AstraZeneca to build $1.5b cancer drug facility in Singapore

2024-05-21 00:00:00

SINGAPORE, May 20 (AFP): British pharmaceutical giant AstraZeneca said Monday that it planned to build a $1.5 billion plant in Singapore to manufacture next-generation drugs to treat cancer.The facility, to be ready by 2029, will produce antibody-drug conjugates (ADCs), a...

BGMEA urges ILO to develop unified audit code of conduct

FE REPORT | 2024-05-21 00:00:00

Apparel sector leaders on Monday called on International Labour Organization (ILO) to initiate measures to develop a unified code of conduct as multiple audits cost them a huge money and time as well as create audit fatigue, making compliance difficult...

Gold soars to a new high

2024-05-21 00:00:00

Gold prices touched a record high on Monday as recent economic data boosted bets for interest rate cuts by the US Federal Reserve, while silver followed suit and surged to a more than 11-year high, reports Reuters.Spot gold rose 0.5...

Wheat rebounds on Black Sea crop concerns

2024-05-21 00:00:00

LONDON, May 20 (Reuters): Chicago wheat prices rose on Monday, rebounding from losses late last week, with the market buoyed by concerns about crops in several key exporting countries including Russia and Ukraine.Soybean futures were higher withcrop losses in Brazil...

SYNGENTA CELEBRATES WORLD BEE DAY

2024-05-21 00:00:00

Syngenta Bangladesh Limited celebrated World Bee Day 2024 in collaboration with the Department of Agricultural Extension (DAE) at the DAE office in Shirajganj on Monday, recognising bees' vital role in enhancing agricultural productivity and conserving biodiversity for agricultural sustainability. The...

Oil dips as US Fed dampens mood on interest rate cuts

2024-05-21 00:00:00

LONDON, May 20 (Reuters): Oil prices fell on Monday after a US Federal Reserve official suggested inflation data in the world's biggest oil consumer was not sufficiently convincing to lower borrowing costs.Brent crude was down 50 cents, or 0.6 per...

Man City win record fourth straight Premier League title

2024-05-21 00:00:00

MANCHESTER, England, May 20 (AP): Manchester City fans could hardly stand the wait for the final whistle.Not because they feared a last-minute twist and the unlikeliest of comebacks from West Ham.The tension during the dying moments of the Premier League...

Cummins, Starc face off as IPL enters playoffs

2024-05-21 00:00:00

AHMEDABAD, India, May 20 (AFP): The two highest-priced players in the IPL -- Australia teammates Pat Cummins and Mitchell Starc -- will go head-to-head on Tuesday for a place in the final as the cash-rich Twenty20 league enters the playoffs.Former...

We should beat S Africa, Sri Lanka in T20 World Cup: Mashrafe

2024-05-21 00:00:00

Former Bangladesh captain Mashrafe Bin Mortaza believes that the national cricket team has the ability to beat at least one of the two big teams-South Africa and Sri Lanka-in their Group D fixture to move to the next round, reports...

Tigers face USA to fine-tune for T20 WC

2024-05-21 00:00:00

Bangladesh will have the last opportunity to fine-tune for their T20 World Cup campaign when they take on USA for a three-match series.The series opening game is today (Tuesday) at Prairie View Cricket Complex in Huston, Texas, reports BSS.The match...

Adulterated food a major threat to public health -

2024-05-21 00:00:00

RAJSHAHI, May 20 (BSS): Ensuring proper measurement of food and its ingredients are vital for maintaining food safety as millions of people suffer from illness by eating contaminated and adulterated foods every year.Hazardous food has been adjudged as a major...

Woman killed by wild elephant in Chattogram

2024-05-21 00:00:00

CHATTOGRAM, May 20 (UNB): A 56-year-old woman was killed by a wild elephant in Lohagara upazila of Chattogram on Sunday night.The deceased, Hamida Akter, was the wife of late Nazir Hossain from the area.The incident occurred at 9 pm in...

Cumilla, Sherpur road accidents kill three

2024-05-21 00:00:00

Three persons were killed in separate road accidents in Cumilla and Sherpur districts on Monday and Sunday night, reports BSSIn Cumilla, two motorcyclists were killed after being hit by a truck on the Chandina-Rammohan road in Udalia area under Chandina...

Maize farming receives a boost in Chandpur

OUR CORRESPONDENT | 2024-05-21 00:00:00

CHANDPUR, May 20: Maize cultivation is gaining ground in Chandpur district as the farmers have found it to be a profitable venture in recent time. Inspired by a bumper yield in the last winter season, farmers in the district opted...

Illicit trade in human organs

2024-05-21 00:00:00

In Bangladesh, illegal trade involving vital human organs, including kidneys and livers, has been going on for years. By 2011, this trade increased significantly, prompting law enforcement to take action, resulting in numerous arrests and a subsequent reduction in illegal...

Tapping into the potential of franchising

2024-05-21 00:00:00

The burgeoning landscape of the franchising business in Bangladesh holds immense potential for economic development and entrepreneurial growth. Over the past decade, franchising has emerged as a dynamic business model, contributing significantly to job creation, economic diversification and the introduction...

Danger of faster sea level rise

Syed Fattahul Alim | 2024-05-21 00:00:00

American south is witnessing an alarming rise in sea level affecting coastal communities across eight US states, says a Washington Post analysis reported last month (April 29). The tide gauges of the water level monitoring stations at more than eight...

Doing business in a bizarre system

Afsan Chowdhury | 2024-05-21 00:00:00

That Bangladeshi investors and entrepreneurs are facing trouble or face trouble when doing business is not a secret. That the cost of doing business in Bangladesh is high is well known and the situation has been so for ages. While...

Managing escalation of manufacturing costs

2024-05-21 00:00:00

While exporters of certain finished goods and commodities have rejoiced over the introduction of crawling peg in currency exchange, manufacturers depending overwhelmingly on imports of most of the raw materials do feel the bite. Even the apparel sector comprising readymade...

Inclusive finance & micro enterprise development in Bangladesh

Matiur Rahman | 2024-05-21 00:00:00

Bangladesh's remarkable economic growth story is intricately woven with the rise of microfinance and its impact on poverty alleviation. Inclusive finance, a broader concept encompassing microfinance and other financial services for the underserved, has emerged as a powerful tool for...

Prime Bank has launched PrimeAcademia

2024-05-20 12:00:00

Prime Bank has launched PrimeAcademia, a banking solution tailored for academic institutions, teachers, students, and parents across Bangladesh. Primeacademia has been designed to address the diverse financial needs of the academic community, offering features such as fees collection for simplified...

Chinese firms invest in 'green' jet fuel, anticipating blending rule

2024-05-20 12:00:00

SINGAPORE, May 19 (Reuters): Biofuel firms are pouring more than $1 billion into building China's first plants to turn waste cooking oil into aviation fuel for export and meet domestic demand once Beijing mandates the fuel's use on airplanes to...