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Ex-rapper Balendra Shah sweeps to power in Nepal landslide victory

2026-03-14 00:00:00

KATHMANDU, Mar 13 (Reuters): A three-year-old party won Nepal's general elections by a landslide, authorities said, positioning its candidate Balendra Shah to become the next prime minister, with a mandate for the rapper-turned-politician to restore political stability.The March 5 election...

Trump says US will hit Iran 'very hard' after easing sanctions on Russian oil

2026-03-14 00:00:00

DUBAI, Mar 13 (Agencies): US President Donald Trump said the US was going to be hitting Iran "very hard over the next week", shortly after issuing a partial 30-day waiver for purchases of sanctioned Russian oil, hoping to ease prices...

US consumer spending, core PCE inflation firmer before Iran war

2026-03-14 00:00:00

WASHINGTON, Mar 13 (Reuters): US consumer spending rose solidly in January and underlying inflation maintained a strong pace of increase, which together with the dragging war in the Middle East strengthened economists' views that the Federal Reserve would not resume...

Middle East war: global economic fallout

2026-03-14 00:00:00

PARIS, Mar 13 (AFP): Here are the latest economic events in the Middle East war on Thursday:- Iran threatens oil and gas sector -Iran has threatened to "set the region's oil and gas on fire with the slightest attack on...

Global shipping industry caught in storm of war

2026-03-14 00:00:00

PARIS, Mar 13 (AFP): For anyone in the import business, the economic risks from the war in the Middle East arrive by sea-and that goes for everyone who buys their products, too.As the war rages into its third week, the...

Oil prices dip as Indian tanker sails out of Strait of Hormuz

2026-03-14 00:00:00

LONDON, Mar 13 (Reuters): Oil prices dipped on Friday as an Indian tanker sailed out of the Strait of Hormuz and the US put forth measures to try and ease supply concerns, but were on track for weekly gains as...

Gold firms but heads for 2nd consecutive weekly fall

2026-03-14 00:00:00

LONDON, Mar 13 (Reuters): Gold prices firmed on Friday but were on track for a second consecutive weekly decline, with inflation worries driven by the Iran war weighing on rate-cut expectations.Spot gold gained 0.8 per cent at $5,118.39 per ounce,...

Trump tells G7 leaders Iran is ‘about to surrender’

2026-03-14 00:00:00

WASHINGTON, Mar 13 (Agencies): US President Donald Trump told leaders of the Group of Seven during a virtual meeting on Wednesday that Iran was "about to surrender", according to a report by Axios citing officials from three G7 countries who...

Global stocks mixed, dollar up as Iran conflict weighs

2026-03-14 00:00:00

BOSTON/LONDON, March 13 (Reuters): Global stocks were mixed and oil prices stayed elevated as uncertainty over the Iran war continues to disrupt energy supplies, driving concerns over fuel inflation and interest rates.The price of oil hovered around $100 per barrel...

Global equity funds see highest outflows since Dec on oil shock fears

2026-03-14 00:00:00

Global equity funds recorded the largest weekly outflows since mid-December in the seven days to March 11 as disruptions to oil supplies stemming from the ongoing US-Israel conflict with Iran stoked concerns about inflation and global economic growth, reports Reuters.According...

PRIME BANK PARTNERS WITH BEST WESTERN PLUS BAY HILLS HOTEL

2026-03-14 00:00:00

Prime Bank PLC has recently signed a strategic agreement with Best Western Plus Bay Hills Hotel, Cox's Bazar to offer exclusive privileges to its customers and employees. Under this agreement, all Prime Bank credit and debit cardholders and the bank...

Traders bet on Fed rate cut by September

2026-03-14 00:00:00

The Federal Reserve will probably next cut interest rates in September, traders bet on Friday after government data showed inflation by the Fed's targeted measure wasn't quite as hot as feared at the start of the year, reports Reuters.Before the...

Crisis-hit People's Leasing seeks Tk 7.5b stimulus from govt for revival

REZAUL KARIM | 2026-03-14 00:00:00

Crisis-hit People's Leasing and Financial Services Ltd (PLFS), a non-bank financial institution (NBFI), has formally sought a financial stimulus of Tk 7.50 billion from the government to complete its restructuring process and resume full-scale operations.In a letter sent to the...

Stocks gain, but investors remain wary

FE REPORT | 2026-03-14 00:00:00

The benchmark index of the Dhaka Stock Exchange (DSEX) rebounded this week, paring some of the previous week's steep losses as bargain hunters returned to scoop up undervalued blue-chip stocks, even though overall sentiment remained cautious amid escalating Middle East...

The unfinished equality agenda

Matiur Rahman | 2026-03-14 00:00:00

International Women's Day, observed every year on March 8, is more than a symbolic celebration of women's achievements. It is a global moment of reflection on the progress made toward gender equality and the challenges that remain. In 2026, the...

Footpath encroachment causing public suffering

2026-03-14 00:00:00

The severe problem of footpath encroachment in our city has become a matter of great concern. Footpaths, which are meant for pedestrians, are now occupied by hawkers and small shops. Even motorcycles and bicycles also move on the footpaths, which...

The cost of cheap labour

2026-03-14 00:00:00

When the "Made in Bangladesh" label adorns a glittering garment displayed in an upscale shopping mall abroad, it often evokes a sense of national pride. However, behind those polished storefronts lie untold stories of sweat, deprivation, and silent suffering. Beneath...

Rationalising Eid holiday

Tanim Asjad | 2026-03-14 00:00:00

Eid-ul-Fitr, the largest religious festival for Muslims worldwide, will be celebrated on Friday or Saturday, depending on the sighting of the new moon. In Bangladesh, the government has approved a seven-day holiday for Eid-ul-Fitr from March 17 to March 23,...

America's treacherous war on Iran

Syed Muhammed Showaib | 2026-03-14 00:00:00

The expectation that statesmen should conduct themselves with a degree of honour is a cornerstone of civilised society. It is what separates them from rogue elements and common criminals, and it is the very foundation upon which international diplomacy, treaty-making...

Adopting a clear strategy for manpower export

2026-03-14 00:00:00

Of the two main sources of the country's hard currency, migrant workers' remittances constitute the second largest after commodity export earnings. But since the Covid-19 pandemic in 2020, Bangladesh's main destination of migrant workers, the Middle Eastern nations, was never...

Zakat for changing lives in Bangladesh

M Kabir Hassan | 2026-03-13 12:00:00

Bangladesh is at a pivotal point in its development journey. The country has shown amazing strength and economic growth over the past fifty years. It has maintained its gross domestic product (GDP) growth, improved social indicators, and expanded its industrial...

Fuel shortage fears trigger panic buying

FE REPORT | 2026-03-13 00:00:00

Fears of fuel shortages and price hikes have resulted in long queues of cars and motorcycles at petrol pumps in the capital on Thursday, as panic buying continued following the escalating military conflicts in the Middle East.The situation led to...

BR now gears up to revive two ditched projects

MUNIMA SULTANA | 2026-03-13 00:00:00

Bangladesh Railway (BR) plans to revive its two projects dropped by the interim government despite its importance in improving railway's workshop capacity, reducing operational costs and ensuring smooth train movement.Officials have said coach-and locomotive- handling capacities of BR's two existing...

National protocol to detect, manage CKD launched

FE REPORT | 2026-03-13 00:00:00

A National Treatment Protocol for Chronic Kidney Disease (CKD) in primary healthcare settings has been launched, introducing a standardised approach to early detection, diagnosis, and management of kidney disease across the country.The protocol was disseminated on Thursday by the Non-Communicable...

Eid holiday-makers start homebound journey from city

FE REPORT | 2026-03-13 00:00:00

Many holiday-makers have started their homebound journey from the city ahead of the Eid-ul-Fitr festival amid a fear of trip rescheduling due to the ongoing fuel crisis.Although the long Eid holiday will begin on March 17, many holiday-makers and service-holders...

Chinese vice FM to visit Dhaka next month

2026-03-13 00:00:00

Chinese Ambassador Yao Wen on Thursday informed Foreign Minister (FM) Dr Khalilur Rahman about the upcoming visit of Chinese Vice Foreign Minister Sun Weidong to Bangladesh on April 2-3 to lead Beijing's delegation to the 14th Bangladesh-China Diplomatic Consultations, reports...

Mirza Abbas hospitalised

2026-03-13 00:00:00

Mirza Abbas, political adviser to Prime Minister Tarique Rahman, was admitted to Evercare Hospital in the capital on Wednesday evening, reports UNB.Mirza Abbas fell unconscious while drinking water during iftar, said Afroza Abbas, wife of Mirza Abbas.As his condition did...

Pak Speaker congratulates BD Speaker Major Hafiz

FE REPORT | 2026-03-13 00:00:00

Sardar Ayaz Sadiq, the speaker of the National Assembly of Pakistan, has felicitated Major (Retd.) Hafiz Uddin Ahmed on his unanimous election as the speaker of the Bangladesh Parliament. Speaker Sadiq extended his heartfelt congratulations and best wishes, stating that...

Five JS committees formed on first day

2026-03-13 00:00:00

Five parliamentary committees, including the Business Advisory Committee, were formed on the first day of the 13th Jatiya Sangsad on Thursday, reports UNB.Speaker Hafiz Uddin Ahmed announced the formation of the Business Advisory Committee and the House Committee during the...

Shafiqur Rahman urges Speaker to ensure fairness, vibrant parliament

2026-03-13 00:00:00

Opposition Leader of the House Dr Md Shafiqur Rahman on Thursday congratulated the newly elected Speaker of Parliament and urged him to ensure fairness, justice and a dynamic parliamentary environment for the benefit of the nation, reports UNB.After the election...