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Bangladesh face Nepal today -

2024-03-02 00:00:00

The Bangladesh U-16 women's national football team face host Nepal in their first match of the SAFF U-16 Women's Championship scheduled to be held today (Saturday) at ANFA Complex in Kathmandu, Nepal, reports BSS.The match kicks off at 03.15 pm...

News in Brief-(2024-03-02)

2024-03-02 00:00:00

Ex-Canada PM Mulroney diesMONTREAL, Mar 01: Former Canadian prime minister Brian Mulroney, who made his political mark in the 1980s with the signing of a ground-breaking free trade agreement with the United States that later expanded to include Mexico, died...

Pakistan’s new parliament elects a speaker

2024-03-02 00:00:00

ISLAMABAD, Mar 01 (AFP): Pakistan's new parliament elected a speaker on Friday, despite protests from lawmakers loyal to jailed ex-prime minister Imran Khan three weeks after an election they claim was brazenly rigged.Sardar Ayaz Sadiq of the military-backed Pakistan Muslim...

Myanmar now a 'never-ending' nightmare: UN

2024-03-02 00:00:00

GENEVA, Mar 01 (AFP): Three years of military rule in Myanmar have inflicted unbearable cruelty, leaving people trapped in an unending nightmare as the conflict spreads, the UN human rights chief said Friday.The junta is crushing all forms of dissent...

Trump demands Biden 'must take a cognitive test'

2024-03-02 00:00:00

WASHINGTON, Mar 01 (AFP): Donald Trump called Thursday for President Joe Biden to take a cognitive test, slamming the Democrat almost certain to be his opponent in November's US election for his "terrible decisions."Trump regularly boasts about his performance on...

S Korea urges unification efforts after Pyongyang threats

2024-03-02 00:00:00

SEOUL, Mar 01 (AFP): South Korean President Yoon Suk Yeol called Friday for the international community to back "unification efforts" after Pyongyang earlier this year declared Seoul its "principal enemy".Ties between the two Koreas have been in a deep freeze...

More than a billion people obese worldwide, research suggests

2024-03-02 00:00:00

LONDON, Mar 01 (BBC): More than a billion people are living with obesity around the world, global estimates published in The Lancet show.This includes about 880 million adults and 159 million children, according to 2022 data.The highest rates are in...

Hardliners set to tighten grip in Iran vote as frustration mounts

2024-03-02 00:00:00

TEHRAN, Mar 01 (Reuters/Arab News): Iranians vote for a new parliament on Friday, but growing frustration over economic woes and discontent at the hardline clerical rulers' restrictions on political and social freedoms are set to keep many people at home.State...

Gaza famine ‘almost inevitable’: UN

2024-03-02 00:00:00

GENEVA, Mar 01 (AFP): Famine in the Gaza Strip is almost inevitable unless the Israel-Hamas war changes, the United Nations said Friday.The UN and other humanitarian actors have not yet declared a state of famine in Gaza, despite worsening conditions...

Russian government to ban gasoline exports from March 1

2024-03-02 00:00:00

MOSCOW, March 1 (TASS) :The Russian Cabinet introduces a temporary ban on gasoline exports from March 1 to August 31 of this year and increases the standard values of diesel fuel sales in commodity exchange trading from 12.5% to 16%,...

Maintenance work on submarine cable postponed

2024-03-02 00:00:00

The maintenance work on the country's first submarine cable system, SEA-ME-WE 4, at its Singapore end scheduled for today (Saturday) has been postponed due to technical glitches in other submarine cable systems in the area, says a press release. So...

Ctg trade fair attracts crowds as visitors seek early Eid deals

NAZIMUDDIN SHYAMOL | 2024-03-02 00:00:00

CHATTOGRAM, Mar 01: The month-long Chittagong International Trade Fair (CITF) has gained momentum in the port city after Shab-e-Barat in late February as many opt for Eid shopping in advance. Particularly on weekends, large crowds gather at the fair on...

Sheltech launches month-long housing fair

2024-03-02 00:00:00

Sheltech Pvt. Ltd. has organised a month-long housing fair titled 'Sheltech 36th Anniversary Fair 2024' at the head office of Sheltech in the West Panthapath area of the capital, says a press release. Sheltech (Pvt.) Ltd. has offered up to...

RANCON launches Proton X90 as sole authorised distributor

2024-03-02 00:00:00

RANCON officially unveiled two variants of Proton X90 hybrid vehicle in Dhaka on Thursday, announcing a plan to start producing automobiles of this brand at its plant this year. The launch of Proton X90 marks the beginning of a partnership...

Construction work on Bay Terminal from Oct as land dispute resolved

NAZIMUDDIN SHYAMOL | 2024-03-02 00:00:00

CHATTOGRAM, Mar 1: The commencement of work on the Bay Terminal at Chittagong Port is likely to start in October this year following the recent resolution of a dispute over transfer land.According to sources, the Chattogram district administration is allocating...

India bond yields may inch higher as growth data surprises

2024-03-02 00:00:00

MUMBAI, Mar 1 (Reuters): Indian government bond yields are likely to trend higher on Friday, as stronger-than-expected economic growth could encourage the central bank to continue its fight against inflation, delaying rate cuts.The benchmark 10-year yield is expected to hover...

Dell shares hit record high

2024-03-02 00:00:00

Dell Technologies surged 25 per cent to hit a record high on Friday, following an upbeat annual forecast that indicated the tech equipment maker was also benefiting from the AI boom, reports Reuters.The stock climbed to $118.8, and was set...

Japan’s Nikkei closes shy of 40,000 record level

2024-03-02 00:00:00

Japan's Nikkei 225 ended just short of breaching the 40,000 level, leading gains in Asia stocks on Friday, while China markets rose as investors digested manufacturing data from the mainland, reports CNBC.Japan's Nikkei 225 hit a fresh record high, closing...

Tech rally, AI excitement drive strong inflows into global equity funds

2024-03-02 00:00:00

Global equity funds drew substantial inflows in the seven days to February 28, driven by a rally in stock markets and greater investor interest in technology stocks, particularly after Nvidia's strong earnings forecast and growing enthusiasm about artificial intelligence, reports...

Central Pharma's stock soars 63pc in one month

FE REPORT | 2024-03-02 00:00:00

Central Pharmaceuticals Limited's stock price surged by over 63 per cent in just one month on the Dhaka Stock Exchange (DSE), despite a lack of apparent catalysts to justify investors' interest in the stock.The drug maker has incurred losses for...

Stocks extend losses on sell-offs

FE REPORT | 2024-03-02 00:00:00

Stocks endured yet another bearish week, extending the losing streak for a third straight week to Thursday, as jittery investors continued to offload their holdings amid a confidence crisis.Market operators said most investors opted to take a 'wait-and-see' approach amid...

An encounter with action-packed Sundarbans

Tajrian Binte Hasan | 2024-03-02 00:00:00

The journey unfolded as we set out from Dhaka to Mongla Port via a typical overnight bus ride. We were a bunch of thirty people, some unknown and the majority known. However, the night seemed to be frozen from the...

What makes celebrities is mysterious and yet so obvious

Nilratan Halder | 2024-03-02 00:00:00

Celebrities are those who can be celebrated for their popular but outstanding performances. Not all great achievers, even Nobel Prize winners are celebrities. But the Latin word celebritas which originates from celeber or celebr meaning frequented or honoured is more...

Check price hike during Ramadan

2024-03-02 00:00:00

Controlling prices of essential commodities remains an elusive goal despite the government's hectic effort to manage the market. During Ramadan, there is typically a surge in the price of goods that are consumed during the fasting period, such as sugar,...

A tale of entrepreneurial triumph

2024-03-02 00:00:00

Embarking on the journey of entrepreneurship is akin to stepping into a world of boundless possibilities and daunting challenges. My sister's story epitomises the essence of this rollercoaster ride. Faced with financial struggles and the responsibility of caring for her...

Caution needed before undertaking mega projects

Syed Fattahul Alim | 2024-03-02 00:00:00

Any new government, especially a post-poll one starting a fresh term, prepares national budget for the upcoming fiscal year in a way that reflects the election pledges of the party assuming office. The incumbent Awami League government is also learnt...

Why purchase expensive power?

Syed Mansur Hashim | 2024-03-02 00:00:00

Admittedly, power production in Bangladesh is an expensive affair. Many experts believe it was a fatal mistake to forgo the exploration of all known coal fields in Bangladesh when the government decided by around 2012 not to use this precious...

Fire tragedy in Bailey Road building

2024-03-02 00:00:00

The fire that took no time to become an inferno to reduce an upscale and trendy building bustling with shoppers and food lovers on Bailey Road into a kind of death valley highlights the vulnerability of life in such accommodations....

Why does policy inaction occur in public affairs?

Nasim Ahmed | 2024-03-02 00:00:00

In democratic states, there are strong expectations that the government’s public organisations, when faced with imperfect, problematic, and undesirable social conditions will take immediate action. Policymakers are often confronted with such expressions of the public: Why doesn’t the government do...

Challenges for quality power supply and power tariff adjustment

Mushfiqur Rahman | 2024-03-02 00:00:00

Media reports that the government has been considering electricity price adjustment from March 2024. UNB reports that the government is in dilemma over raising power tariff at this stage. Media further speculates that the Power Division of the Ministry of...