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ASEAN envoys discuss trade with ICCB chief

2024-03-08 00:00:00

ASEAN ambassadors had a meeting with ICC Bangladesh President Mahbubur Rahman at ICC Bangladesh (ICCB) Secretariat in Dhaka on Thursday. The ambassadors were briefed about the activities of ICC HQ and ICC Bangladesh and they also discussed bilateral trade and...

Tannery traders to get short-term environment certificate: Salman

2024-03-08 00:00:00

Prime Minister's Private Industry and Investment Adviser Salman F Rahman has said tannery industry businessmen will get short-term environmental certificates until Eid-ul-Azha to facilitate leather exports."If they do not comply with the environmental ministry's regulations after Eid-ul-Azha, their operations will...

Foreign firms warn Vietnam of investment freeze without new tax offset, source says

2024-03-08 00:00:00

HANOI, March 7 (Reuters): Large foreign multinationals said they may freeze new investment plans in Vietnam in the absence of subsidies to help offset the cost of a new top-up tax, said a person involved in talks on the matter...

Financials lead India's Nifty, Sensex to record highs

2024-03-08 00:00:00

BENGALURU, March 7 (Reuters): India's blue-chips extended their rally to record highs for a second session in a row on Thursday, led by financials, while US Federal Reserve Chair's rate cut assurance supported sentiment.The NSE Nifty 50, opens new tab...

National Finance signs deal with Chartered Life Insurance

2024-03-08 00:00:00

Deposit holders of National Finance Ltd can now enjoy life insurance coverage provided by Chartered Life Insurance Ltd. This initiative was launched through a recent agreement signed between the two companies. Irteza Ahmed Khan, managing director of National Finance, Mohammad...

Southeast Bank opens 8 new agent banking outlets

2024-03-08 00:00:00

Southeast Bank has opened eight new agent banking outlets across the country, particularly in rural and semi-urban areas. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, virtually inaugurated the outlets on Thursday at the bank's head office, coinciding with...

Saudi bourse gains on Fed rate cut signal

2024-03-08 00:00:00

The Saudi Arabian stock market rose in early trade on Thursday as the US Federal Reserve Chair said he expects interest rate cuts later this year, while bourses in Dubai and Qatar were weighed down by stocks trading ex-dividend, reports...

Goldman Sachs lifts stock buyback forecast for S&P 500 companies

2024-03-08 00:00:00

Goldman Sachs has raised its share buyback forecast for companies in the S&P 500, opens new tab index, with repurchases pegged to rise 13 per cent to $925 billion in 2024, driven by stronger than expected mega-cap tech earnings growth,...

Asian markets swing ahead of key US jobs data

2024-03-08 00:00:00

HONG KONG, March 7 (AFP): Equities were mixed in Asian trade on Thursday as investors try to assess the Federal Reserve's plans for interest rates after boss Jerome Powell indicated they would start to come down this year.Focus is also...

Tesla shares fall after Morgan Stanley cuts price target on weakening EV demand

2024-03-08 00:00:00

Tesla, opens new tab fell for a third day on Wednesday after a closely watched analyst at Morgan Stanley lowered his price target on the stock, saying that electric-vehicle demand was continuing to weaken in key markets including China despite...

People's Leasing to resume trade on Sunday

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

The scam-hit People's Leasing & Financial Services will resume share trading on March 10 (Sunday) after 56 months of suspension.The Dhaka Stock Exchange (DSE) took the decision after the company had ensured compliance with some security rules. Before the suspension,...

Techno Drugs to float IPO to raise Tk 1b

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

Techno Drugs, a manufacturer of veterinary and oncology medicines, will raise Tk 1 billion from the primary market for business expansion and loan repayment.The Bangladesh Securities and Exchange Commission (BSEC) on Thursday approved the company's proposal to float an IPO...

Little-known Yusuf Flour's astonishing rise for no good reason

BABUL BARMAN | 2024-03-08 00:00:00

Yusuf Flour Mills, a little known SME stock, has been flying high once again on the Dhaka Stock Exchange (DSE), leaving many well-performing stocks behind.The stock price jumped an astounding 86 per cent or Tk 1,307 each share in just...

World wheat outlook not as heavy as Chicago price plunge suggests

2024-03-08 00:00:00

CHICAGO, Mar 07 (Reuters): Exactly two years ago, Chicago wheat futures stamped all-time highs after top exporter Russia invaded fellow supplier Ukraine, immediately throwing almost 30 per cent of global wheat exports into question.But on Wednesday, CBOT wheat slipped to...

Oil prices slip on view US rate cuts could be delayed

2024-03-08 00:00:00

LONDON, Mar 07 (Reuters): Oil prices slipped on Thursday as expectations that US interest rate cuts could be delayed capped gains, though upbeat Chinese trade data augured well for demand in the world's top oil importer.Brent crude futures slipped 42...

New York to deploy soldiers to check bags on subway

2024-03-08 00:00:00

NEW YORK, Mar 07 (Reuters): New York Governor Kathy Hochul will deploy 750 soldiers from the state's National Guard to help New York City police check commuters' bags in the busiest stations in the city's sprawling subway system, she announced...

Two Philippine crew among dead in Huthi missile attack

2024-03-08 00:00:00

MANILA, Mar 07 (AFP): Two Filipino crew members were among those killed in a missile attack by Yemen's Huthi rebels on a ship in the Gulf of Aden, the Philippine government said Thursday.The Iran-backed Huthis have been targeting merchant vessels...

Trump challenges Biden to debate 'anytime'

2024-03-08 00:00:00

WASHINGTON, Mar 07 (AFP): Donald Trump on Wednesday challenged Joe Biden to an election debate after the two men emerged from primary voting as the all-but-certain Republican and Democratic candidates in November's US presidential vote."It is important, for the Good...

Kim calls for stronger war fighting capabilities against US, S Korea

2024-03-08 00:00:00

SEOUL, Mar 07(AP): North Korean leader Kim Jong Un called for greater war fighting capabilities against the United States and South Korea, state media reported Thursday, after his defense ministry vowed to respond to the ongoing South Korean-U.S. military drills...

Modi addresses Kashmir rally -

2024-03-08 00:00:00

SRINAGAR, Mar 07 (BBC): Indian-administered Kashmir has been transformed economically since it was stripped of its semi-autonomous status, Prime Minister Narendra Modi has said.Security was tight for his first trip to the Muslim-majority region since he made the controversial change...

US has wrong perception of China, says foreign minister

2024-03-08 00:00:00

BEIJING, Mar 07 (Reuters): The US is clinging to wrong perceptions of China and has yet to fulfill its "promises" despite some progress since presidents Joe Biden and Xi Jinping met last November, China's Foreign Minister Wang Yi said on...

England collapse gives India control of final Test

2024-03-08 00:00:00

DHARAMSALA, India, Mar 07 (AFP): Kuldeep Yadav took five wickets to bundle out England for 218, with India's batsmen starting strongly on a dominant opening day for the hosts in the fifth Test on Thursday.Yadav returned figures of 5-72 and,...

Australia, New Zealand face off for 2nd Test today

2024-03-08 00:00:00

CHRISTCHURCH, New Zealand, Mar 07 (AFP): Australia plan to spoil the party for New Zealand centurions Kane Williamson and Tim Southee when the second Test starts on Friday as they bid to sweep the series.Fast bowler Southee and batsman Williamson...

Bangladesh's captain Najmul Hasan Shanto

2024-03-08 00:00:00

Bangladesh's captain Najmul Hasan Shanto attends a practice session on Thursday ahead of their third and final T20 international match against Sri Lanka at the Sylhet International Cricket Stadium in Sylhet tomorrow (Saturday) — AFP

Bangladesh face Bhutan today --

2024-03-08 00:00:00

Motivated Bangladesh U-16 national women football team will face Bhutan in their third match of the SAFF U-16 Women's Championship scheduled to be held today (Friday) at ANFA Complex in Kathmandu, Nepal, reports BSS.The match will kick off at 3.15...

Woman ends life after poisoning children in B'baria

2024-03-08 00:00:00

BRAHMANBARIA, Mar 07 (bdnews24.com): A woman died by suicide after poisoning two of her children in Brahmanbaria Sadar.Authorities recovered the body of 32-year-old Irene Akhter from Bhadughar's Elempara on Wednesday, according to Aslam Hossain, chief of Brahmanbaria Sadar Model Police...

Khulna farmers eye bumper watermelon yield

OUR CORRESPONDENT | 2024-03-08 00:00:00

KHULNA, Mar 07: A total of 12,612 hectares of land has been brought under watermelon cultivation in four districts of Khulna division with an expectation of bumper production this season.Farmers have cultivated watermelon on 12,225 hectares in Khulna district, 162...

Services stymied at understaffed Derai Upazila Health Complex

OUR CORRESPONDENT | 2024-03-08 00:00:00

SYLHET, Mar 07: Medicare service at Derai Upazila Health Complex in Sunamganj has been being hampered thanks to a severe shortage of staff for a long time. Thought the hospital was upgraded to a 50-bed facility from a 31-bed one...

Farewell Sayed Kamaluddin

Sir Frank Peters | 2024-03-08 00:00:00

Someone witty like Irish playwright Oscar Wilde once said: ‘We never regret the things we do in life, it’s the things we don’t do’. And that’s certainly is true in the case of veteran journalist Sayed Kamaluddin, who left us...

Dhaka: the city of death traps

2024-03-08 00:00:00

The capital city of Dhaka is witnessing a shocking rise in fatalities stemming from various accidents. With a population of around 20 million people, the city seems to have turned into a death trap. Tragic incidents, such as fires and...