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Bangladesh, Turkey to work together to combat disinformation: Arafat

2024-02-25 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat has said Bangladesh and Turkey will work together globally to prevent disinformation and misinformation, reports BSS.Arafat, who is now in Istanbul to attend a special session of the Islamic Conference of...

BNP delegation holds closed-door meet with Afreen, Haas

2024-02-25 00:00:00

A three-member BNP delegation, led by party Secretary General Mirza Fakhrul Islam Alamgir, had a closed-door meeting with visiting US Deputy Assistant Secretary at the Bureau of South and Central Asian Affairs, Afreen Akhter, on Saturday, reports UNB.The hour-long meeting...

Quader accuses BNP of backing price syndicate

2024-02-25 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Saturday alleged that BNP is sponsoring and supporting the hoarders and syndicate to create an anarchic situation regarding commodity prices, reports BSS. He said this at...

'Quest for Prosperity' launched in city

FE REPORT | 2024-02-25 00:00:00

Speakers at a book-launching ceremony at the Embassy of Japan on Saturday (February 24) shed light on how a poor boy made his way to a high road of industrial development in the twentieth-century Japan.He is none other than the...

Canada says to provide $2.2 bn in Ukraine aid in 2024

2024-02-25 00:00:00

KYIV, Ukraine, Feb 24 (AFP): Canada said on Saturday it would provide 3.02 billion Canadian dollars ($2.2 billion) in financial and military support for Ukraine this year as the two countries signed a security agreement."We will stand with Ukraine with...

UK Tories suspend MP from parliamentary party over 'Islamophobic' comments

2024-02-25 00:00:00

LONDON, Feb 24 (AFP): Britain's ruling Conservatives on Saturday suspended their former deputy chairman from the parliamentary party, after he refused to apologise for saying London's Labour mayor Sadiq Khan was controlled by Islamists.Pressure had been growing on Prime Minister...

Prime Minister Sheikh Hasina inaugurating 'Bangabandhu' app

2024-02-25 00:00:00

Prime Minister Sheikh Hasina inaugurating 'Bangabandhu' app, developed by Durbar Technologies Ltd, in her official Gonobhaban residence on Saturday. The app has been created with the heroic saga of the political life of the father of the nation and the...

Ukrainian drones hit major Russian steel factory

2024-02-25 00:00:00

KYIV, Feb 24 (Reuters): Ukrainian drones hit a major Russian steel factory overnight, causing a large fire, a Kyiv source said on Saturday, the second anniversary of Russia's full-scale invasion of Ukraine.The governor of Russia's Lipetsk region identified the plant...

First Buriganga Bridge at Postagola is off-limits to traffic

2024-02-25 00:00:00

The First Buriganga Bridge at Postagola is off-limits to traffic as work on its renovation is well underway. Therefore, thousands of people, including office-goers, have to walk the bridge. The snap was shot on Saturday. — FE Photo

Local Govt Day today

2024-02-25 00:00:00

National Local Government Day will be observed today in a befitting manner for the second time in the country with the theme 'Local government will be smart and ensure rights to services'.President Mohammed Shahabuddin and Prime Minister Sheikh Hasina issued...

15th anniv of BDR carnage today

2024-02-25 00:00:00

The 15th anniversary of the atrocious carnage at the Pilkhana BDR (now BGB) headquarters in the capital will be observed today (Sunday), reports UNB.A total of 74 people, including 57 army officers, were killed in the mutiny on this day...

World Bank MD in Dhaka

2024-02-25 00:00:00

The World Bank's Managing Director of Operations, Anna Bjerde, was scheduled to arrive in Dhaka on Saturday evening on her first official visit to Bangladesh. During her one-day visit, Bjerde will meet with Prime Minister Sheikh Hasina, the Finance Minister,...

High-level US team in Dhaka

FE REPORT | 2024-02-25 00:00:00

A high-level US delegation arrived in Dhaka on a three-day official visit on Saturday, according to a spokesperson for the US Embassy here.The delegation included Eileen Laubacher, special assistant to the President and senior director for South Asia, US National...

'Businesses need new tech, innovation for desired growth'

FE REPORT | 2024-02-25 00:00:00

Adoption of new technology, patenting innovations and proper use of social-media platforms are some of pre-requisites for businesses to ensure desired growth. This was observed at a session on 'Growth Dynamics' on the second day of three-day 7th SANEM Annual...

PM attributes country's development to independent judiciary, strong parliament

2024-02-25 00:00:00

Prime Minister Sheikh Hasina on Saturday said her government has taken various initiatives to ensure justice for people, attributing any country's development to independent judiciary, strong parliament and administration."After assuming power, we've made the judiciary totally independent, separating it from...

Holiday-Notice (2024-02-25)

2024-02-25 00:00:00

The offices of The Financial Express (FE) will remain closed today (February 25) on the occasion of Shab-e-Barat. Therefore, there will be no issue of the FE tomorrow (February 26). However, the online section of the newspaper will remain open...

Prayer Timings (2024-02-25)

2024-02-25 00:00:00

Shab-e-Barat tonight

2024-02-25 00:00:00

The holy Shab-e-Barat, the night of fortune, will be observed throughout the country tonight with due religious fervour and devotion.On the occasion, the Islamic Foundation (IF) has chalked out programmes at the Baitul Mukarram National Mosque in the capital.The IF...

Gas, power price hikes likely in tandem

M AZIZUR RAHMAN | 2024-02-25 00:00:00

A successive hike in gas tariffs, too, for all consumers but households over next three years is likely to phase out government subsidy under a reform recipe. Economists say the raise-in sync with already-hinted hike in power price--would further add...

Importers reluctant to bring in rice despite duty cut

YASIR WARDAD | 2024-02-25 00:00:00

Rice prices still stay higher despite slashing import duty to 15.25 per cent from 62.5 per cent, while a section of traders are reaping windfalls.Coarse rice like guti swarna and hybrid variety was selling at Tk 52-55 a kilogram, medium-quality...

India's oil imports hit record high in January on Red Sea delays

2024-02-25 00:00:00

NEW DELHI, Feb 24 (Reuters): India's crude oil imports rose to a monthly record in January after the Red Sea shipping crisis delayed the December arrival of cargoes from the Americas, data from trade sources showed.The world's third largest oil...

In a first, Chinese developer's creditors plan to sue state-owned shareholder for dues

2024-02-25 00:00:00

HONG KONG, Feb 24 (Reuters): A group of offshore creditors of China South City is set to file a lawsuit against the debt-laden developer's biggest state-owned shareholder for dues, four sources said, in what would be the first such case...

Ford Motor halts shipments of new F-150 Lightning EVs

2024-02-25 00:00:00

Ford Motor said on Friday it had halted shipments of all 2024 model year F-150 Lightning electric pickup trucks, so it could perform quality checks for an issue it did not specify, reports Reuters.The No. 2 US automaker said the...

Rolls-Royce profit more than doubles

2024-02-25 00:00:00

LONDON, Feb 24 (Reuters): Britain's Rolls-Royce said annual profit more than doubled last year, beating consensus, and it forecast a further jump in 2024 as aircrafts powered by its engines fly more, defence orders flow and data centre demand rises.Rolls,...

China securities regulator says penalties will be severe in market crackdown

2024-02-25 00:00:00

BEIJING/SHANGHAI, Feb 24 (Reuters): China's securities regulator said on Friday it would mete out increasingly tough penalties on fraudulent listings, accounting scams and misappropriation of funds by big shareholders, as part of a crackdown to boost confidence in the stock...

EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger

2024-02-25 00:00:00

NEW YORK, Feb 24 (Reuters): Shares of Lotus Technology, opens new tab closed up 2 per cent in their Nasdaq debut on Friday, recouping earlier losses, after the luxury electric car maker completed its merger with a blank-check acquisition company...

'TRUB Smart Performance Award-2024'

2024-02-25 00:00:00

Dr Md Shadi-Uz-Zaman, Managing Director of Notundhora Group & Co-Chairman of FBCCI Standing Committee on Land Developers, receives the 'TRUB Smart Performance Award-2024' from Shajahan Khan MP at a ceremony marking the International Mother Language Day at a city hotel...

HSBC and the Daily Star hosted 23rd O & A level Awards ceremony

2024-02-25 00:00:00

The Hongkong and Shanghai Banking Corporation Limited (HSBC) and the Daily Star hosted the 23rd O & A level Awards ceremony at the Shaheed Suhrawardy National Indoor Stadium in Dhaka on Saturday. For English medium students of Bangladesh, this is...

Mercantile Bank donated 10 power tillers and fertiliser at Faridganj in Chandpur

2024-02-25 00:00:00

Mercantile Bank donated 10 power tillers and fertiliser at Faridganj in Chandpur on Friday from the special CSR fund of the bank. Md. Abdul Hannan, sponsor director of the bank, distributed 10 power tillers and fertiliser among 3000 farmers of...

BRAC Bank organised 'SME leaders' conference'

2024-02-25 00:00:00

BRAC Bank recently organised 'SME leaders' conference' to formulate a business plan and strategy for SME banking in 2024 and beyond. The bank's Chairperson Meheriar M. Hasan addressed the conference virtually, while Managing Director & CEO Selim R. F. Hussain...