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Equities gear up for Big Tech earnings; yen sits near danger zone

2024-04-24 00:00:00

LONDON, April 23 (Reuters): Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus on earnings reports from the US megacaps, while the yen hit a new 34-year low against the dollar, prompting a warning...

MTB MD gets 'Best Transformational Leader' award

FE DESK | 2024-04-24 00:00:00

Syed Mahbubur Rahman, managing director & CEO of Mutual Trust Bank (MTB), has been honoured with the 'Best Transformational Leader' award by International Business Magazine. This award is a tribute to Rahman's dedication and innovative leadership in a competitive industry....

EXIM Bank's 2023 profit down 9pc for higher provisioning

FE REPORT | 2024-04-24 00:00:00

EXIM Bank could not reap benefits from the increase in interest rates for having to keep higher provision against investments, which cut profit by more than 9 per cent year-on-year in 2023. The profit of the Export Import Bank stood...

All hopes lost, stock investors want BSEC chief to go, PM to intervene

FE REPORT | 2024-04-24 00:00:00

Investors have lost patience watching storm clouds hanging over the stock market for years and so on Tuesday took to the streets in the capital demanding resignation of the chief of the securities regulator. While they were chanting slogans accusing...

Climate financing: a climate change risk resilience tool

Khondkar Morshed Millat | 2024-04-24 00:00:00

Climate finance as part of green financing is playing a crucial role as a 'climate change risk resilience tool' as we see in green financing to green establishments like green building, affordable green housing, green industry and green appliances.Green building...

Self-learning for Children

2024-04-24 00:00:00

Children learn in many ways. They learn in cooperative learning environments, but they also love to learn independently, without the help of guardians and teachers. Through questioning, observation, reading, and listening, children become self-learners. Self-learning is the most effective method...

Heat wave and hardship of common people

2024-04-24 00:00:00

The term "heat wave" was unfamiliar to the average people of Bangladesh just a few years ago. However, nowadays, individuals grapple with this issue almost daily. This element now poses a significant threat to the country's homeless, elderly, and children,...

Overhauling income tax regime

Syed Mansur Hashim | 2024-04-24 00:00:00

The national board of revenue (NBR) is slated to overhaul the individual income tax regime in the upcoming national budget. According to a report published in this newspaper, it is understood that the government is to introduce higher rate of...

CSR and corporate governance

Wasi Ahmed | 2024-04-24 00:00:00

Reports say that banks' corporate social responsibility (CSR) spending dropped by 38 per cent in July-December period of 2023 compared with that in the previous six months. For CSR purposes, 53 scheduled banks spent Tk 3.53 billion in July-December of...

Flight of fund from rural to urban economy

2024-04-24 00:00:00

The Bangladesh Bank (BB)'s policy of tightening money supply to combat inflation has been instrumental in pushing up commercial banks' interest rates. The BB has allowed commercial banks to add 3.5 per cent margin to the benchmark rate, the so-called...

Heatwave may continue

2024-04-24 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at one or two places over Chattogram and Sylhet divisions with hails at isolated places until 06:00 pm today (Wednesday), according to the Met office. Severe heatwave is sweeping...

Dr Carmen Z Lamagna, member of Trustee Board of American International University-Bangladesh

2024-04-24 00:00:00

Dr Carmen Z Lamagna, member of Trustee Board of American International University-Bangladesh, hands over a cheque for over Tk 1.0 million as grants to the researchers of the university after signing an agreement with them at a function on its...

Physicians stop medical services at Ctg pvt clinics over beating of fellows

OUR CORRESPONDENT | 2024-04-24 00:00:00

CHATTOGRAM, Apr 23: The Chattogram unit of the Bangladesh Medical Association (BMA) suspended medical service in private chambers on Tuesday in connection with the beating of physicians at private hospitals in Chattogram city and Patiya upazila.The doctors stopped all services...

Man dies from heatstroke in city

2024-04-24 00:00:00

A man has died from heatstroke in the city's Gulistan, reports bdnews24.com.Shah Alam, sub-inspector of Wari thana, said Alamgir Shikder aged about 56 collapsed on the road due to a heatstroke after alighting from a bus around 11:00 am on...

Call for common voice for rights of labour migrants

FE REPORT | 2024-04-24 00:00:00

Migrants from South Asian countries, including Bangladesh, continue to face various types of abuse and exploitation in receiving countries, experts told a seminar on Tuesday.A regional coordinated effort is required to understand the challenges and raise a common voice to...

Delwar declared Singra Upazila chairman

2024-04-24 00:00:00

Md Delwar Hossain Pasha, who was allegedly abducted and beaten by a rival candidate, has been declared the uncontested winner of the race for Singra Upazila council chairman in Natore, reports bdnews24.com.District Returning Officer Abdul Latif Sheikh declared Delwar as...

UP chairmen can participate in polls without resigning: HC

2024-04-24 00:00:00

The High Court (HC) on Tuesday passed an order stating that the Chairmen of the Union Parishad (UP) can participate in the UP elections without resigning from their positions, reports agencies.A High Court Division Bench comprising Justice Sheikh Hasan Arif...

No significant changes in BD human rights records: US report

2024-04-24 00:00:00

There had been "no significant changes" in the human rights situation in Bangladesh during the year 2023, the United States has said in a new report.The country reports in the 2023 Human Rights Report (HRR) did not draw legal conclusions,...

US HR report exposes govt's injustice, brutality: Rizvi

2024-04-24 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi on Tuesday said the 2023 Human Rights Report released by the US has exposed the "injustice and brutality" of Sheikh Hasina government in Bangladeshreports UNB."The report expressed deep concern over the horrific...

Country witnesses progress because of govt stability

2024-04-24 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Tuesday said the country has witnessed unprecedented development in the last 15 years because of the stability of the government, reports BSS."As the country's democracy remains...

A DSCC bulldozer in action to dismantle roadside structures

2024-04-24 00:00:00

A DSCC bulldozer in action to dismantle roadside structures in Mughda area as part of a demolition drive meant for road expansion. The snap was shot on Tuesday afternoon. — FE photo

The demand for air conditioners increases in Dhaka city

2024-04-24 00:00:00

The demand for air conditioners increases in Dhaka city to stay cool in this extreme heatwave sweeping over the country. The photo was taken from Baitul Mokarram Market area. — FE photo

Jewellers cut gold prices changing 6 times in April

2024-04-24 00:00:00

The Bangladesh Jeweller's Association (Bajus) on Tuesday decreased gold price by Tk3138 per bhori, fixing good quality 22-carat gold price at Tk 1,16,290 per bhori, reports UNB.The apex body of gold traders changed the gold price for 6th time in...

IFC, BB sign deal to boost digital payment adoption

2024-04-24 00:00:00

In a landmark development aimed at advancing digital finance in Bangladesh, the International Finance Corporation (IFC) and Bangladesh Bank have formalized a new agreement.With the sponsorship of the Australian government, this agreement aims to support Bangladesh Bank in creating a...

Loadshedding 1000MW amid searing heat

2024-04-24 00:00:00

The extent of loadshedding in the country crossed 1000 MW on Tuesday in electricity supply against soaring demand, reports UNB.This is first time in recent days the power shortage crossed such a level while the highest loadshedding was recorded at...

HC directs ACC to submit progress report

FE REPORT | 2024-04-24 00:00:00

The High Court on Tuesday directed the Anti-Corruption Commission (ACC) to submit the progress report on its inquiry into the allegations of amassing a large amount of wealth beyond known sources of income by former Inspector General of Police (IGP)...

Workers bear the brunt as heatwave shows no signs of relenting

SAJIBUR RAHMAN | 2024-04-24 00:00:00

The relentless heatwave currently engulfing various divisions, including capital Dhaka and surrounding districts, shows no signs of relenting. The working class, particularly day laborers and rickshaw pullers, bear the brunt of this oppressive weather. In the capital and beyond, many...

Higher-axle vehicles key culprit: Study

MUNIMA SULTANA | 2024-04-24 00:00:00

Goods-laden vehicles of higher axles carry much higher than allowable weight limit compared to those with lower axles, thereby contributing to damaging expensive road infrastructure 16 times, according to a new study.Such overloading caused an increase in maintenance cost per...

Visiting Qatar Emir Sheikh Tamim bin Hamad Al Thani holds a parley with Prime Minister

2024-04-24 00:00:00

Visiting Qatar Emir Sheikh Tamim bin Hamad Al Thani holds a parley with Prime Minister Sheikh Hasina in the latter's office in Dhaka on Tuesday morning. — BSS

Prayer Timings (2024-04-24)

2024-04-24 00:00:00