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Huge gap persists between apparel industry's best practices, industry norms

FE REPORT | 2024-03-08 00:00:00

A huge gap persists between apparel industry's best practices and industry norms, according to the Sustainable Terms of Trade Initiative (STTI).In a statement issued on March 04, the STTI that consists of 13 industry associations from 10 countries, including Bangladesh's...

Pvt credits contract, indicate corporate slowdown

JUBAIR HASAN | 2024-03-08 00:00:00

Private-sector credits remain on a slide -- official calculations showing a growth contraction to 9.95 per cent year on year in January -- which economists say could indicate slowdown in corporate activity. Apart from central bank's tightening in monetary policy...

Negotiations ripe for procuring four China ships

MIR MOSTAFIZUR RAHAMAN | 2024-03-08 00:00:00

Negotiations for procuring four oceangoing ships from China are ripe for sealing the deal as issues related to equipment and pricing are all clarified from Bangladesh side, sources say.After getting proposals from Bangladesh for the procurement with Chinese loan, China...

Int'l Women's Day today

2024-03-08 00:00:00

The International Women's Day will be celebrated in the country and elsewhere across the world today (Friday) with due fervor, reports UNB.The theme for this year's International Women's Day is 'Invest in Women: Accelerate Progress', targeting economic disempowerment. However, the...

Fuel prices fall under automated pricing

FE REPORT | 2024-03-08 00:00:00

Prices of fuel oils fall somewhat, for cuts by Tk 0.75-Tk 4.0 per litre, as Bangladesh goes for automated petroleum pricing under a reform programme. The government lowered oil prices under the newly introduced Automatic Fuel Oil Pricing Guidelines, apparently...

Weather (2024-03-08)

2024-03-08 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Friday), according to the Met Office. Day temperature may remain nearly unchanged and night temperature may rise slightly over...

Building catches fire in capital

FE REPORT | 2024-03-08 00:00:00

A fire broke out in a building under construction in Banani Chairmanbari area of the capital on Thursday.However, there was no report of casualties. An officer at the Fire Service and Civil Defense (FSCD) told the FE that they received...

Prof Dr Satya Prasad Majumder --

2024-03-08 00:00:00

Prof Dr Satya Prasad Majumder, vice-chancellor of Bangladesh University of Engineering and Technology (BUET), and Pro-Vice-Chancellor Prof Dr Abdul Jabbar Khan along with others attend a reception accorded to 81 students of the university for their outstanding achievement in the...

Court orders confiscating property of Evaly MD, chairman

FE REPORT | 2024-03-08 00:00:00

A Dhaka court on Thursday ordered the authorities concerned to confiscate the properties of Evaly Managing Director Mohammad Russel and his wife, Evaly Chairman Shamima Nasrin, in connection with a fraudulent case.Judge of the Metropolitan Magistrate Court in Dhaka Farah...

Intensify efforts to scale up renewable energy technology: Energy Adviser

2024-03-08 00:00:00

Prime Minister's Energy Adviser Dr Tawfiq-e-Elahi Chowdhury has urged young scientists to intensify their efforts to scale up renewable energy technology to cope with the local demands, reports UNB."You have to lay more emphasis on development of technology to serve...

Five women to be honoured on Int'l Women's Day

2024-03-08 00:00:00

Five women will be awarded for their contributions in different fields on the occasion of International Women's Day, said State Minister for Women and Children Affairs Simin Hossain Rimi, reports UNB.She said each of the five winners will be given...

0.3m women likely to join Dhaka workforce by 2028

2024-03-08 00:00:00

The ride-hailing services are playing a significant role for women to access the workforce as nearly 0.3 million (3.0 lakh) women are expected to join Dhaka workforce by 2028 as per a study report released on Thursday.Uber, Bangladesh's most preferred...

BNP has become isolated from people: Asaduzzaman

2024-03-08 00:00:00

KURIGRAM, Mar 07 (UNB): Home Minister Asaduzzaman Khan on Thursday said BNP has become isolated from people.The minister said this while talking to journalists before attending a community policing and anti-drug rally at Kurigram Government College ground on Thursday."On August...

Arafat urges students to uphold spirit of 7 March speech

2024-03-08 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat on Thursday highlighted the significance of Bangabandhu's 7 March speech in making the Banglee nation indomitable and urged the students to go forward being imbued with the spirit of the speech,...

Govt out to eliminate its political opponents: BNP

FE REPORT | 2024-03-08 00:00:00

The BNP has alleged that the government has become desperate to eliminate it and other parties by indiscriminately arresting the opposition leaders and activists across the country.Senior joint secretary general of the party Ruhul Kabir Rizvi made the allegation at...

Do those not observing Mar 7 believe in independence?

2024-03-08 00:00:00

Foreign Minister and Awami League joint general secretary Hasan Mahmud on Thursday said he wonders whether those denying March 7 actually believe in the independence and sovereignty of Bangladesh, reports UNB.He said that these individuals and entities including BNP do...

EU demands answers over Epic-Apple feud

2024-03-08 00:00:00

BRUSSELS, Mar 07 (AFP): Apple must explain its decision to halt Epic Games' effort to develop a competing app store for its devices, EU regulators said Thursday, as they consider whether the iPhone-maker violated any laws."We have requested further explanations...

India backs higher carbon tax on coal imports

2024-03-08 00:00:00

SINGAPORE, Mar 07 (Reuters): A panel of officials from Indian ministries has called for a bigger carbon tax on higher quality imported coal while cutting rates for domestic coal, in a bid to slash shipments of the polluting fuel, the...

Spotify to increase prices in France over new tax

2024-03-08 00:00:00

PARIS, Mar 07 (Reuters): Swedish streaming service Spotify on Thursday said it would increase its prices in France due to a new tax, which it argued would fail to accomplish its intended goal.The government last year decided, starting form this...

MIDLAND BANK CELEBRATES FINANCIAL LITERACY DAY

2024-03-08 00:00:00

Midland Bank Limited celebrated Financial Literacy Day-2024 at the bank's head office in the city on Monday. Managing Director & CEO of the bank Md Ahsan-uz-Zaman inaugurated the programme. Various issues related to financial management and savings were discussed at...

FMPE of Bangladesh Agricultural Research Institute

2024-03-08 00:00:00

The Farm Machinery and Postharvest Process Engineering Division (FMPE) of Bangladesh Agricultural Research Institute (BARI) at the inauguration ceremony of FMPE Lab Building and Agricultural Machinery Talent Search Awards at the FMPE seminar room on Thursday. The programme was funded...

Sonali Bank pays tribute to Bangabandhu

2024-03-08 00:00:00

Sonali Bank PLC paid rich tribute to Father of the nation Bangabandhu Sheikh Mujibur Rahman on historic 7 March with due dignity. Managing Director and CEO of the bank Md Afzal Karim placed a wreath at the portrait of Bangabandhu...

Sticky inflation to keep eurozone interest rates on hold

2024-03-08 00:00:00

FRANKFURT, Germany, March 7 (AFP): Sticky inflation is expected to prompt eurozone rate-setters to hold borrowing costs steady again Thursday, as they await clearer signs of a sustained easing of consumer prices before beginning to cut.Costs of everyday goods surged...

China trade surges in first two months of 2024

2024-03-08 00:00:00

BEIJING, March 7 (AFP): China's exports sharply accelerated in the first two months of 2024, official figures showed Thursday, providing policymakers a bright spot as they battle to revive the world's second-largest economy.Overseas shipments have long served as a key...

63rd Board meeting Shahjalal Islami Bank PLC held

2024-03-08 00:00:00

The 63rd meeting of the Risk Management Committee (RMC) of the Board of Directors of Shahjalal Islami Bank PLC was held at its Corporate Head Office on Wednesday. Chairman of the Risk Management Committee of the bank Eng Md. Towhidur...

German industrial orders plunge in January

2024-03-08 00:00:00

FRANKFURT, Mar 07 (AFP): German industrial orders plunged more than expected in January, official data showed Thursday, in another worrying sign for the crucial manufacturing sector in Europe's biggest economy.New orders, closely watched as an indicator of future business activity,...

Global patent filings fall for first time in 14 years: UN

2024-03-08 00:00:00

GENEVA, Mar 07 (AFP): International patent filings declined last year for the first time in 14 years due to higher interest rates and economic uncertainty, the UN said Thursday, with India among the few countries bucking the trend.A total of...

BWDB gets new DG -

2024-03-08 00:00:00

Engineer Muhammad Amirul Haq Bhuiya joined as Director General (DG) of the Bangladesh Water Development Board (BWDB), said a press release. Prior to joining the post, he served as the additional director general (West Region) of BWDB. He obtained BSc...

CCPIT-TEX China's exhibitions kick off in city

2024-03-08 00:00:00

CEMS-Global USA and CCPIT-TEX China's international exhibitions on Yarn and Fabric kicked off at the International Convention City Bashundhara (ICCB), Dhaka on Wednesday, said a press release. Lokman Hossain Miah, Executive Chairman of Bangladesh Investment Development Authority (BIDA), attended the...

No crisis of sugar during Ramadan

2024-03-08 00:00:00

State Minister for Commerce Ahsanul Islam Titu said on Thursday that there would be no crisis of sugar during the Holy month of Ramadan owing to the S Alam Group factory fire."We've contacted with the owners of various mills and...