NEW YORK, Feb 17 (Reuters): Oil prices settled higher on Friday as geopolitical tensions in the Middle East more than offset a forecast from the International Energy Agency for slowing demand.Brent crude futures settled up 61 cents, or 0.74 per...
FE REPORT | 2024-02-17 12:00:00
The benchmark equity index retreated into the negative territory in the week to Thursday, snapping a two-week winning streak, as investors rushed to book profit on quick-gaining stocks. Market operators said the risk-averse investors opted to realise their gains as...
WASHINGTON, Feb 16 (AFP) : The status of the US dollar as the world's reserve currency is likely to continue, despite threats posed by China's rise and the growth of cryptocurrencies, a US Federal Reserve official said Thursday.The dollar continues...
DU CORRESPONDENT | 2024-02-17 00:00:00
The Economics Study Centre (ESC) of Dhaka University held its 3rd panel discussion on "Global Accelerator for Jobs and Social Protection for a Just Transition-A Bangladesh Context" at the 5th Bangladesh Economics Summit 2024 at DU on Friday. Among the...
OUR CORRESPONDENT | 2024-02-17 00:00:00
CHITTAGONG, Feb 16: Two fixed container scanners are set to be installed and inaugurated at the Chittagong Port tomorrow (Saturday). State Minister for Shipping Khalid Mahmud Chowdhury will formally inaugurate these newly imported container scanners.The National Board of Revenue (NBR)...
REZAUL KARIM | 2024-02-17 00:00:00
Dhaka and New Delhi are nearing the harmonisation-of-product standards to remove major non-tariff barriers between Bangladesh and India, sources say.As part of this, neighbouring India sent a concept note, which Bangladesh is currently reviewing. The note expresses concern that "if...
MUNICH, Feb 16 (Agencies): Prime Minister Sheikh Hasina on Friday joined the Munich Security Conference in Germany.She attended the opening session of the three-day conference at the Conference Hall of the Hotel Bayerischer Hof here in the afternoon.The conference will...
At least seven people, including three family members, have died after a head-on collision between a bus and an autorickshaw in Mymensingh. They were all passengers on the autorickshaw, reports bdnews24.com.The accident occurred in Mymensingh Sadar Upazila's Alalpur area at...
FE REPORT | 2024-02-17 00:00:00
Bangladesh slips two notches down democracy ladder to 75th rank and is classified by the Economist as a "hybrid regime" among countries in the world.The Economist Intelligence Unit published the Democracy Index 2023 where Bangladesh sees its score at a...
FE REPORT | 2024-02-17 00:00:00
Prices of the key essential commodities still keep surging unabatedly long before the fasting month of Ramadan despite some pragmatic approaches taken by government agencies. Beef, broiler chicken, eggs, cultured ruhi, onion, sugar, chickpea, coarse and medium lentils, coarse and...
A fisherman casts his net into the polluted waters of the Shitalakshya River near Dhaka. River pollution is forcing many fishermen to abandon their traditional livelihoods and seek alternative work. — FE Photo by KAZ Sumon
GULAM RABBANI | 2024-02-17 00:00:00
The Civil Aviation Authority of Bangladesh (CAAB) has begun initial work on building a new airport at Kuakata, one of the country's most scenic tourist destinations, to improve access for visitors and facilitate commercial activities around the Payra Seaport.A five-member...
FE REPORT | 2024-02-17 00:00:00
Turkish beverage company Coca-Cola Içecek is set to fully acquire Coca-Cola Bangladesh Beverages Limited for $130 million.As per an agreement, Coca-Cola Içecek will acquire 100 per cent of Coca-Cola Bangladesh Beverages Limited shares, Coca-Cola Içecek announced on its website on...
JUBAIR HASAN | 2024-02-17 00:00:00
A much-needed respite to the economy from forex crunch is being felt with banks' stock of foreign currencies or net open position (NOP) improving, bankers say.As the holding of foreign exchange continues rising significantly in recent days, Bangladesh Bank (BB)...
FE REPORT | 2024-02-17 00:00:00
Grameen Bank has denied outright a slew of allegations made by Nobel laureate Prof Dr Muhammad Yunus, terming his statements misleading, false, illegal and deliberate.The bank issued a comprehensive media statement signed by its media cell head, Anju Ara Begum,...
FE REPORT | 2024-02-17 00:00:00
Outsiders have "forcibly occupied" eight establishments, including Grameen Telecom, housed in the Grameen Telecom Bhaban in Dhaka's Mirpur, Nobel laureate Dr Muhammad Yunus has alleged."I have witnessed many disasters in my life, but not like this one," said a visibly...
SYFUL ISLAM | 2024-02-17 00:00:00
Chittagong Port Authority (CPA) would be well advised to shun dual role as regulator and cargo operator at the same time to avert conflicts of interest as the seaport is on the cusp of operational model change.The World Bank has...
Weather may remain dry with temporary partly cloudy sky over the country until 06:00 pm today (Saturday), according to the Met Office.Light to moderate fog may occur over the country during late night to morning.Night temperature may fall by (1-2)°C...
One person died of Covid-19 and 43 fresh cases were detected in the last 24 hours until Friday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,485 and caseload to 2,04,7796, according to the Directorate General...
GAZIPUR, Feb 16 (UNB): Police arrested a fugitive convict from the city's Ashulia in the early hours of Friday.The arrestee is Mofazzal Hossain (43), a resident of Dhirashram Road in Samantapur area of Gazipur.Mofazzal was accused in twenty-seven cases, said...
The Chattogram Metropolitan Police (CMP) has requested toll-free access for 23 of their vehicles used in rescue operations and other duties inside the Bangabandhu Sheikh Mujibur Rahman Tunnel, reports bdnews24.com.They have also sought four more vehicles to enhance their emergency...
Principal of Milestone College Mohammad Ziaul Alam and others pose with students of Bangla medium and English version of the 21th batch who were given dignified badges at the annual investiture ceremony-2024 on its campus at Uttara in the city
Four persons were killed in separate road accidents in Lalmonirhat, Faridpir and Sylhet on Friday, reports UNB. In Lalmonirhat, a 37-year-old man died after a speeding truck ran him over in Aditmari upazila of Lalmonirhat on Thursday.The dead is Sirajul...
FE REPORT | 2024-02-17 00:00:00
The country's apex trade body FBCCI has made a plea to the government to address the tax burden in the upcoming national budget.The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) made the call at the first meeting of...
An international symbolic torch procession styled "Songjog 2024" was brought out from the Central Shaheed Minar in the city on Friday, ahead of the Shaheed Dibash and International Mother Language Day, by the Kolkata St. Xavier's College Alumni Association in...
Prime Minister Sheikh Hasina holding talks with Prime Minister and Foreign Affairs Minister of Qatar Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani at the Hotel Bayerischer Hof in Munich of Germany on Friday — Focus Bangla
SAJIBUR RAHMAN | 2024-02-17 00:00:00
A good many scheduled banks are failing to adhere to the central bank's directives regarding the disbursement of startup funds, as the aggregate total distributed by these banks is negligible.Twenty-five out of 52 banks are yet to distribute any loan...
Although a relative calm has descended on the restive border areas in Bandarban's Naikhongchhari and Cox's Bazar's Ukhiya, heavy gunfire and shelling from Myanmar echoed across two islands off the Teknaf coast, reports bdnews24.com.On Friday, Shah Porir Dwip and St...
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