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Copper falls on firmer dollar

2024-02-27 12:00:00

BEIJING, Feb 26 (Reuters): Copper prices lost ground on Monday, weighed down by a firmer US dollar ahead of key economic data and rising inventories in top consumer China.Three-month copper on the London Metal Exchange was down 0.5 per cent...

Weather (2024-02-27)

2024-02-27 00:00:00

Weather may remain mainly dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Tuesday), according to the Met Office. Night and day temperature may rise by (1-2)°C over the country.The highest...

'General Ansar Foundation Training (male) first phrase'

2024-02-27 00:00:00

Mostafizur Rahman, senior secretary of the Public Security Division under the Ministry of Home Affairs, handing over a crest to a best trainee at the concluding session of the 'General Ansar Foundation Training (male) first phrase' at Bangladesh Ansar &...

HC bans gender detection of unborn babies

FE REPORT | 2024-02-27 00:00:00

The High Court (HC) has issued a rule prohibiting detection of gender of unborn babies or fetuses.The court also instructed the hospital and diagnostic centre authorities to strictly follow the order. The HC bench of Justice Naima Haider and Justice...

Japan to give $2.7m to Rohingyas, hosts

FE REPORT | 2024-02-27 00:00:00

Japan's government has decided to provide the International Organisation for Migration (IOM) with $2.7 million in assistance for humanitarian support to the Rohingyas staying in Bangladesh and the host communities.This donation will be used for disaster risk reduction, shelter upgrade,...

Three out of five births thru C-section in cities

SM NAJMUS SAKIB | 2024-02-27 00:00:00

The latest local demographic surveillance has found an alarming tendency of C-sections in Bangladesh with the private hospitals in the lead for lack of monitoring from the regulator's end.City corporation areas see about three out of five births (58.21 per...

'BNP was involved in BDR bloodbath'

FE REPORT | 2024-02-27 00:00:00

Foreign minister Dr Hasan Mahmud on Monday alleged that the Bangladesh Nationalist Party (BNP) was directly involved in the BDR carnage that took place on 25 February 2008."The Awami League came to power in 2008 after a landslide victory… It's...

All 50 candidates win unopposed in JS reserved seats for women

2024-02-27 00:00:00

All the 50 candidates of Awami League (AL) were elected unopposed in the 50 reserved seats for women in the 12th Jatiya Sangsad (JS), reports BSS.At the end of deadline for withdrawal of nomination papers on Sunday, returning officer Md...

Give back ‘abducted’ leader Zulfiqur

FE REPORT | 2024-02-27 00:00:00

Bangladesh Nationalist Party (BNP) has demanded that the government should produce "abducted" Swechchasebak Dal leader Zulfiqur Siddique before the public.BNP senior secretary general Ruhul Kabir Rizvi made the demand at a press briefing at the party's Nayapaltan office in the...

BNP has to suffer for not joining JS polls: Quader

2024-02-27 00:00:00

Awami League (AL) General Secretary Obaidul Quader has said BNP has to suffer for the mistake it made by failing in movement and boycotting the Jatiya Sangsad (JS) election, report agencies Lamenting for BNP for not joining the January 7...

Most financial crises linked to easy, low-cost debt financing: Speakers

FE REPORT | 2024-02-27 00:00:00

The fundamental root cause of most financial crises in the world is directly or indirectly connected to easy and low-cost debt financing.The view was expressed at an international seminar on 'Islamic Finance and Sustainability Nexus', organised by the Department of...

Gas supply to remain off in parts of capital today

2024-02-27 00:00:00

Gas supply will remain suspended for three hours from 11 am to 2 pm today (Tuesday) in different areas of the city for emergency repair of gas transmission lines, reports UNB.According to Titas Gas Transmission and Distribu-tion Company Limited, the...

Another date for probe report submission set

2024-02-27 00:00:00

A Dhaka court Sunday set May 6 to submit a probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016, reports BSS.Dhaka Metropolitan Magistrate Rajesh Chowdhury set the date as the investigation agency...

Hasina writes back to Biden

2024-02-27 00:00:00

Prime Minister Sheikh Hasina has written back to US President Joe Biden, reports UNB. Foreign Minister Hasan Mahmud handed over a copy of the letter to Special Assistant to the President and Senior Director for South Asia, US National Security...

Pankaj Udhas passes away

2024-02-27 00:00:00

MUMBAI, Feb 26: Pankaj Udhas was suffering from a prolonged illness and wasn't keeping well for the last few days. He died this morning around 11 am at Breach Candy hospital," reports The Indian Express.Prime Minister Narendra Modi condoled Pankaj...

Shab-e-Barat observed

2024-02-27 00:00:00

The holy Shab-e-Barat, the night of fortune and forgiveness, was observed across the country on Sunday with religious fervor, reports UNB.According to Muslim belief, Shab-e-Barat is the night when Allah arranges the affairs of the following year.On this night, Allah...

Anniv of Pilkhana massacre observed

2024-02-27 00:00:00

The 15th martyrdom anniversary of the slain army officers in the barbaric killings at BDR (now BGB) headquarters, Pilkhana on February 25-26 in 2009 was observed Sunday with due dignity, reports BSS.On the occasion of the day, Major General S...

Govt ministries, depts asked to comply with rules of business

FE Report | 2024-02-27 00:00:00

The government has instructed its ministries and agencies to conduct activities as per the rules of business as the offices operate breaching the existing rules, sources said.They said the offices have also been instructed to submit proposals for modernising or...

BD should reduce trade cost, improve investment climate

FE REPORT | 2024-02-27 00:00:00

Lowering trade cost through easing customs procedure and further improvement in investment climate and skill development are imperative for Bangladesh to cope with the challenges stemming from graduation from the Least Developed Country (LDC) category, speakers observed at a seminar...

PM Hasina seeks WB support for women entrepreneurship

FE REPORT | 2024-02-27 00:00:00

Prime Minister Sheikh Hasina has called for special funding from the World Bank dedicated to fostering women entrepreneurs in Bangladesh, aiming to enhance their socioeconomic status.During a meeting with World Bank Managing Director for Operations Anna Bjerde at the Sangsad...

Prayer Timings (2024-02-27)

2024-02-27 00:00:00

Annual foreign debt service surges 45pc

FHM HUMAYAN KABIR | 2024-02-27 00:00:00

Bangladesh's foreign-debt service has surged significantly to an annualised rate of 45 per cent over the last few months, much of it on account of high interest payments, officials said.The government had spent US$1.86 billion in the first 7 months...

Flour costlier amid import surge, lowest global price

YASIR WARDAD | 2024-02-27 00:00:00

Wheat flour and flour-made food items have witnessed a 20-22-percent hike in last two months, although import of the grain rose by a great margin so far this year.Insiders said local companies raised the prices of all flour and flour-made...

Power tariffs set to rise from March

M AZIZUR RAHMAN | 2024-02-27 00:00:00

Power tariffs may rise pro rata from March 1 as initial government course under a new reform recipe to rescind state subsidy on this sector within next three years.Energy experts and economists take strong exception to the government proposal to...

LDCs may enjoy trade benefits for three years after graduation

ASJADUL KIBRIA, from Abu Dhabi | 2024-02-27 00:00:00

Retaining privileges after LDC graduation gets into focus as commerce ministers and senior trade officials of the World Trade Organisation (WTO) countries start hectic negations on the rules of trade, amid geopolitical tensions raging around. The four-day 13th Ministerial Conference...

Goldman Sachs, Mubadala sign $1b private credit partnership deal

2024-02-27 00:00:00

Abu Dhabi's sovereign wealth fund Mubadala Investment Company has struck a $1 billion deal with Goldman Sachs to go after private credit deals in Asia, the companies said on Monday, reports Reuters.Mubadala and the US bank agreed on a partnership...

Social Islami Bank organises Agent Banking Conference

2024-02-27 00:00:00

Social Islami Bank (SIB) arranged an Agent Banking Conference-2024 recently at a city hotel in Dhaka. Md Abul Bashar, Executive Director of Bangladesh Bank, was present as the chief guest while Zafar Alam, Managing Director and CEO of SIB, presided...

$2.7 million assistance for humanitarian support to Rohingya refugees

2024-02-27 00:00:00

Japanese Ambassador to Bangladesh Iwama Kiminori and Chief of Mission of IOM Bangladesh Abdusattor Esoev recently signed an Exchange of Notes regarding $2.7 million in assistance for humanitarian support to Rohingya refugees and the host communities in Cox's Bazar.

Pubali Bank holds 'Annual Managers' Conference-2024'

2024-02-27 00:00:00

A 2-day conference titled 'Annual Managers' Conference 2024' attended by all 504 Branch Managers, Regional Managers and Sr. Executives of the Head Office of Pubali Bank was held at a hotel in Cox's Bazar recently to motivate them to increase...

Islami Bank Foundation Marks Int'l Mother Language Day

2024-02-27 00:00:00

Islami Bank Foundation organised a discussion and prayer session recently to mark the Language Martyrs' Day and International Mother Language Day. Prof Dr Kazi Shahidul Alam, Chairman of Islami Bank Foundation and Director of Islami Bank Bangladesh PLC, attended the...