PARIS, March 1 (AFP): Extraction of Earth's natural resources could surge 60 percent by 2060, imperilling climate goals and economic prosperity, the UN said Friday, calling for dramatic changes in energy, food, transport and housing.Enormous expansion of infrastructure, energy demand...
WASHINGTON, March 1 (Reuters): Boeing said on Thursday it had reached a $51 million settlement with the US State Department for numerous export violations including Chinese employees in China improperly downloading documents related to US Defence Department programmes.The State Department...
PARIS, March 1 (AFP): Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous years thanks to continued expansion of clean technologies, the International Energy Agency said Friday.CO2 emissions from energy rose by...
Textiles and Jute Minister Jahangir Kabir Nanak held a view-exchange meeting with the officials and employees of Bangladesh Jute Mills Corporation (BJMC) at its head office in Dhaka on Thursday. Secretary of the Ministry of Textiles and Jute Md Abdur...
The Bangladesh Council of Scientific and Industry Research (BCSIR) organised a stake holder workshop on 'ISO Standard Services and Research in building smart Bangladesh' on Thursday in the capital. BCSIR Chairman Professor Dr. Md Aftab Ali Shaikh was present as...
LONDON, March 1 (Reuters): Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while weighing fresh US, European and Chinese economic data.Brent futures for May...
Foreign Minister Hasan Mahmud has urged the people and Islamic parties of the country to resist the BNP and Jamaat accusing them of becoming Israel's friends instead of uttering a single word in favour of the Palestinians, reports UNB."BNP and...
At least two persons perished in a deadly fire that broke out on Thursday night in a six-storey building housing several restaurants at Bailey Road in Dhaka, according to TV reports.Around 66 people were rescued alive and at least 12...
Nurur Rahman | 2024-03-01 00:00:00
The concept of bancassurance, a fusion of banking and insurance services, has been a transformative force in the global financial landscape. Countries like Austria, France, Germany, Italy, Portugal, Spain, and the UK have witnessed remarkable success over the last five...
Md. Ashanur Rahman, Chief Economist and Country Business Manager at City Bank PLC, has played an important role in Bancassurance development in Bangladesh. As a member of Bangladesh Bank's Technical and Guideline Preparation Committees, his influence has been profound. Under...
S M Ziaul Hoque | 2024-03-01 00:00:00
A Bangladeshi graduate entering the job market or becoming an entrepreneur to run a business after completion of education never learnt anywhere about the investment mixing for savings. Historically following the precedence approach well known as hereditary, the person goes...
Md Abu Mahmud | 2024-03-01 00:00:00
Risk is the exposure to loss or injury. Insurance deals with financial risks that ultimately reduce the ability to pay claims. These risks are dynamic, diverse, and stem from multiple sources. Compliance-based or rule-based approaches emphasise adherence to rules, regulations...
Sheikh Rakibul Karim, FCA | 2024-03-01 00:00:00
Guardian Life Insurance Limited (GLIL) has emerged as a beacon of innovation and stewardship in the insurance landscape. With a firm commitment to its "Insurance for All" mission, Guardian Life has transformed the lives of half the total insured population...
Fresh regenerative course may usher in new era for Bangladesh insurance industry, IDRA chairman Mohammad Jainul Bari says in an interview with the Financial Express Following is the excerpt Q: How effective do you think the current initiatives and campaigns...
FE REPORT | 2024-03-01 00:00:00
Bangladesh Insurance Association (BIA) President Sheikh Kabir Hossain has said that the observance of National Insurance Day each year is playing a vital role in raising awareness of people even in the rural areas."This is National Insurance Day and its...
There is a wrong perception among many people that insurance is similar to a bank's savings product. It is important for customers to distinguish between savings schemes and insurance policies, as the latter provides financial protection against future unforeseen events,...
JASIM UDDIN HAROON | 2024-03-01 00:00:00
A bank-insurance-partnership business model, nicknamed 'Bancassurance', comes as a hope-raiser for rejuvenating insurance through its wider penetration in the economy. Prime Minister Sheikh Hasina is likely to announce the launch of Bancassurance today (Friday) when she formally inaugurates the National...
ISLAMABAD, Feb 29 (AP): Pakistan's National Assembly swore in newly elected members on Thursday in a chaotic scene, as allies of jailed former Premier Imran Khan protested what they claim was a rigged election.Lawmakers from Khan's Pakistan Tehreek-e-Insaf party repeatedly...
FE REPORT | 2024-03-01 00:00:00
At least two cocktails exploded on Thursday at the premises of the Dhaka Judge Court while voting for the Dhaka Bar Association was taking place. Witnesses reported that nobody was injured in the incident.Voting for the Dhaka Bar Association election...
Fortune Barishal are determined to deny Comilla Victorians a hat-trick Bangladesh Premier League (BPL) title when they will take on the tournament's most successful team in the grand final at Sher-e-Bangla National Cricket Stadium in the city today (Friday), reports...
FE REPORT | 2024-03-01 00:00:00
Nobel laureate Professor Dr Muhammad Yunus is due to appear before two courts on the same day, March 3, 2024. He is scheduled to appear at the Labour Appellate Tribunal at 10:00 AM and the Metropolitan Session Judge's Court at...
YASIR WARDAD | 2024-03-01 00:00:00
Consumers are unlikely to get soybean oil at a reduced rate from today (Friday) as most groceries have still to get bottles with new price tags, according to insiders.The government on February 20 reviewed soybean prices by Tk 10 a...
NAZIMUDDIN SHYAMOL | 2024-03-01 00:00:00
CHATTOGRAM, Feb 29: The Chittagong Port Authority (CPA) is set to lease container terminals to foreign operators with intent to forge competition among operators and make global-standard services available for port-users.Following a government decision to bring in competition among terminal...
DOULOT AKTER MALA | 2024-03-01 00:00:00
Four new private off-docks are set to enhance the container-handling capacity of the country's largest seaport and contribute to fast delivery of export-import goods and ease port congestion.Investors in the Inland Container Depots (ICDs) said the annual handling capacity of...
Prime Minister Sheikh Hasina on Thursday asked police personnel to prepare themselves to contain the new patterns of crimes amid the technological advancement."As technology advances, crimes occur in different ways. New patterns of crime are emerging. Our police force should...
Workers unload jeans at a factory in Aganagar area of Keranigang, ahead of Ramadan and the Muslim festival of Eid-ul-Fitr. The denim hub, located on the banks of Buriganga River, is widely known as a jeans powerhouse for the local...
The sports page of today’s issue has been dropped for unavoidable circumstances
FE REPORT | 2024-03-01 00:00:00
The central bank has issued guidelines on formation of board of directors and eligibility of the board members of the finance companies with minimum age limit set at 30 years.Among others, Bangladesh Bank (BB) in a circular issued on Thursday...
FE REPORT | 2024-03-01 00:00:00
Agri credit disbursement by banks has grown by around 20 per cent in the first five months of the current fiscal year compared to the corresponding period of FY23.Welcoming the sharp rise in farm credit, central bank officials say this...
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