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Briefing 2024-09-07

2024-09-07 00:00:00

Prayer Timings (2024-09-07)

2024-09-07 00:00:00

Battery-run rickshaws and easy bikes

2024-09-07 00:00:00

Battery-run rickshaws and easy bikes have come out of lanes and by-lanes to rule major roads in the capital cashing in on a lax law-and-order situation after the fall of the Sheikh Hasina government on August 05. The snap was...

How a retired bureaucrat becomes metro monarch, muddles matters

MUNIMA SULTANA | 2024-09-07 00:00:00

Future metro-rail ride for the city commuters might not be as smooth as in other parts of the world allegedly for violative and domineering control of the non-technical company boss over highly technical operations of the modern mass transport.This is...

Notable gaps in women’s role in banking: BB

SAJIBUR RAHMAN | 2024-09-07 00:00:00

A Bangladesh Bank report for January to June 2024 has revealed notable disparities in women's participation in the banking sector.While female representation on bank boards remains low at 13.58 per cent, foreign commercial banks lead with the highest share of...

Switch towards currency free float to fix forex quandary

JUBAIR HASAN | 2024-09-07 00:00:00

A latest regulatory policy prompts a switch towards free float of currencies by redirecting banks to the interbank forex market instead of direct dollar sale to them, for remedying foreign-exchange quandary. Officials and bankers have said the Bangladesh Bank has...

BD wants to resolve Teesta issues following int'l rules: Prof Yunus

2024-09-07 00:00:00

Bangladesh's interim government will 'work with' India in order to resolve the issues over the long-pending Teesta water-sharing treaty, says Chief Adviser Muhammad Yunus, report agencies.The issue has been left hanging for an extended period, which is not good for...

Females leading commercial transformation of farming

FHM Humayan Kabir | 2024-09-07 00:00:00

Females are leading an agricultural transformation in Bangladesh with many coming out from home-management chore to run small and medium commercial-farming entrepreneurships across the country, labour transition shows.The transformation-visibly occurring over a decade now--has already kept a positive impact on...

(L-R) Germany's midfielder Jamal Musiala

2024-09-07 00:00:00

(L-R) Germany's midfielder Jamal Musiala, defenders Jonathan Tah and Benjamin Henrichs attend a training session on Friday in Herzogenaurach, Germany, on the eve the UEFA Nations League football match. — AFP

Herath, Rathour join New Zealand Test team for short-term roles

2024-09-07 00:00:00

Rangana Herath and Vikram Rathour have linked up with the New Zealand Test squad, who are set to play six Tests in Asia over the next two months. Herath will be the spin-bowling coach for New Zealand's next three Tests...

Dravid unveiled as Rajasthan Royals head coach

2024-09-07 00:00:00

Rahul Dravid has been formally announced as Rajasthan Royals' new head coach for a multi-year term, and he said it was the "ideal time" to "take on another challenge" after guiding India to the T20 World Cup title in June...

Three uncapped players in Afghanistan squad for NZ Test

2024-09-07 00:00:00

Afghanistan have named three uncapped players - opening batter Riaz Hassan, offspin allrounder Shams Ur Rahman and fast bowler Khalil Ahmed - in their 16-member squad for the one-off Test against New Zealand in Greater Noida, starting on September 09,...

Sabalenka into second successive US Open final

2024-09-07 00:00:00

NEW YORK, Sept 06 (AFP): World number two Aryna Sabalenka reached a second successive US Open final on Thursday when she defeated a battling Emma Navarro to move one win away from her third Grand Slam title.Double Australian Open champion...

We are morally boosted, confident: Topu

2024-09-07 00:00:00

Centre-back Topu Barman said players are morally boosted and confident after the first match victory against host Bhutan and upbeat to continue the same spree in the second match, reports BSS."Look we have no alternative option but to win in...

Parag takes solo lead

2024-09-07 00:00:00

FIDE master Mehdi Hasan Parag took solo lead in the points table with 5.5 points after the sixth round of Manha's Castle 26th Open FIDE Rating Chess tournament held at Bangladesh Chess Federation hall-room on Friday, reports BSS.Four players shared...

Duckett leads charge against SL in third Test

2024-09-07 00:00:00

LONDON, Sept 06 (AFP): Ben Duckett's typically quickfire fifty guided an England side chasing a series whitewash against Sri Lanka to 76-1 before bad light forced an early lunch break on the first day of the third Test at the...

Global shares climb

2024-09-07 00:00:00

LONDON, Sept 6 (Reuters): World shares rose on Friday after U.S. jobs data only slightly missed expectations, muddying the outlook on the size and speed of coming interest rate cuts in the world's largest economy.MSCI's broadest index of world shares...

INAUGURATION CEREMONY OF BAGERHAT BRANCH OF MODHUMOTI BANK -

2024-09-07 00:00:00

Modhumoti Bank inaugurated its 51st branch at Bagerhat on Thursday. Humayun Kabir, chairman of the board of directors of the bank inaugurated the branch through a virtual platform. Salahuddin Alamgir, chairman of the executive committee of the board of directors...

Envoy Textiles to set up 'Waste Fabric Recycling Plant'

FE REPORT | 2024-09-07 00:00:00

Envoy Textiles, one of the leading denim manufacturers and exporters, has announced plans to set up a 'Waste Fabric Recycling Plant' on its factory premises in Bhaluka, Mymensingh, to boost production capacity and meet growing demand. The company has estimated...

Stocks slip back into red amid macroeconomic concerns

FE REPORT | 2024-09-07 00:00:00

Equity benchmark index slipped back into the red after a single-week break, as concerns over looming macroeconomic pressures prompted jittery investors to offload their holdings to avoid further erosion of their portfolios. This week, the market witnessed high volatility as...

UK homebuilder says trading stable, reaffirms profit guidance

2024-09-07 00:00:00

British high-end homebuilder Berkeley on Friday reiterated its annual profit forecast, saying trading has been stable over the first four months of its current fiscal year, reports Reuters.The housing market is expected to benefit from the UK's first rate cut...

Nearly 2,000 drug plants are overdue for FDA checks after COVID delays

2024-09-07 00:00:00

WASHINGTON (AP/UNB) - Federal regulators responsible for the safety of the U.S. drug supply are still struggling to get back to where they were in 2019, before the COVID-19 pandemic upended factory inspections in the U.S. and across the world,...

Ctg Police Plaza Merchant Association execs resign

OUR CORRESPONDENT | 2024-09-07 00:00:00

The executive members of the Police Plaza Merchant Association in Chattogram resigned after traders of the association alleged that its president ARM Shamim Uddin misappropriated Tk 24 million.Accepting the allegations against him, Shamim Uddin also submitted his resignation and said...

BD holds ‘incredible potential’ in agriculture, transforming rural communities: IFAD

2024-09-07 00:00:00

IFAD's newly appointed Country Director for Bangladesh Dr Valantine Achancho has said Bangladesh has "incredible potential" when it comes to agriculture and transforming rural communities, reports UNB. "I am excited to collaborate with the government, our partners, and local communities...

AmCham seeks review of tax structure to grow biz

REZAUL KARIM | 2024-09-07 00:00:00

The American Chamber of Commerce in Bangladesh (AmCham) offers a set of suggestions like re-evaluation of and reduction in customs duty/tax structure without delay for the sustenance of business entities.It also recommended collection and dissemination of timely and accurate data,...

News in Brief -2024-09-07

2024-09-07 00:00:00

Kenya school dorm fire kills 17 childrenENDARASHA (Kenya), Sept 06: At least 17 young children were killed in a fire that ripped through their primary school dormitory in central Kenya overnight, with initial reports Friday indicating it was overcrowded in...

Russia to impose restrictions on US media over RT row: Kremlin

2024-09-07 00:00:00

MOSCOW, Sept 06 (AFP/Reuters): Russia will impose domestic restrictions on US media outlets in response to Washington's sanctions on Russian state-funded news network RT, the Kremlin said on Friday.The United States indicted two RT employees and slapped its top editors...

Thailand swears in Shinawatra heiress as youngest PM

2024-09-07 00:00:00

BANGKOK, Sept 06 (AFP): Paetongtarn Shinawatra, the heiress of Thailand's most famous political dynasty, was sworn in as prime minister on Friday, capping a month of turmoil in which her predecessor was thrown out of office and the main opposition...

'Impartial force' must be deployed to Sudan: UN experts

2024-09-07 00:00:00

GENEVA, Sept 06 (AFP): Flagrant rights violations by Sudan's warring parties require the deployment of an "independent and impartial force" to protect millions of civilians driven from their homes, UN experts said Friday.An independent fact-finding mission uncovered "harrowing" violations by...

Israeli troops leave West Bank’s Jenin with Gaza talks deadlocked

2024-09-07 00:00:00

JENIN, Palestinian Territories, Sept 06 (AFP): Israeli forces appeared to be winding down a deadly 10-day raid in a flashpoint city in the occupied West Bank on Friday, as key ally Germany warned against treating the territory like Gaza.There was...