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Uncertainty creeps back into US Treasury mkt

2024-02-08 00:00:00

NEW YORK, Feb 07 (Reuters): A rethink on when the Federal Reserve will cut interest rates is reverberating through the fixed income market, heightening risk for those betting the explosive rally that took bonds higher at the end of 2023...

KSA, Pakistan sign deal to boost collaboration in SME sector

2024-02-08 00:00:00

RIYADH, Feb 07 (Arab News): Collaboration between small and medium enterprises in Saudi Arabia and Pakistan is set to get a boost, thanks to a new agreement between the two countries. The Kingdom's Small and Medium Enterprises General Authority, Monsha'at,...

IMF warns of Maldives foreign debt crisis, after China borrowing

2024-02-08 00:00:00

COLOMBO, Feb 07 (AFP): The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of "debt distress," the IMF warned Wednesday.Beijing has pledged more funding for the...

Shimanto Bank signed MoU with Concord Real Estate & Development

2024-02-08 00:00:00

Shimanto Bank signed an MoU with Concord Real Estate & Development at the bank's head office recently. Under this MoU, the customers of Concord Real Estate will enjoy reduced interest rate & loan processing fee when they avail Shimanto Bank's...

FSIB inaugurated two sub-branches

2024-02-08 00:00:00

First Security Islami Bank inaugurated two sub-branches on Wednesday. The sub-branches are Bandarban Sadar Sub-branch in Bandarban and Saheber Hat Sub-branch in Barishal Sadar. Managing Director of the bank Syed Waseque Md Ali along with other official inaugurated these sub-branches...

A delegation of ABB led by Selim R. F. Hussain made a courtesy call on NBR Chairman

2024-02-08 00:00:00

A delegation of the Association of Bankers Bangladesh Limited (ABB) led by its Chairman Selim R. F. Hussain made a courtesy call on Chairman of the National Board of Revenue Abu Hena Md. Rahmatul Muneem on Tuesday and congratulated him...

A delegation from MCCI, Dhaka led by Kamran T. Rahman called on Abu Hena Md. Rahmatul Muneem

2024-02-08 00:00:00

A delegation from Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) led by its President Kamran T. Rahman called on Abu Hena Md. Rahmatul Muneem, Chairman, NBR, at his office on Wednesday. Directors Syed Tareque Md. Ali, Mohammad Naser Ezaz...

S Arabia seeks to set up economic zone in Payra

2024-02-08 00:00:00

Prime Minister's Private Industry and Investment Adviser Salman F Rahman said Saudi Arabia has shown keen interest to set up a special economic zone at Payra in Patuakhali, reports BSS."We want to give Saudi Arabia an economic zone in Bangladesh....

Jewellery fair begins today

2024-02-08 00:00:00

The Bangladesh Jewellers' Association (Bajus) has organised a three-day jewellery fair in the capital, beginning today (Thursday), reports BSS.With the participation of 41 jewellery companies, the largest and most ambitious gold fair named 'BAJUS FAIR- 2024' will be held at...

BIDA to integrate 150 more services into OSS by Mar

FE REPORT | 2024-02-08 00:00:00

The Bangladesh Investment Development Authority (BIDA) aims to integrate 150 more investment-related services into its virtual One Stop Services (OSS) by March. The investment promotion agency has already incorporated 112 services onto the platform, with the goal of enhancing the...

Saudi, Sweden keen to boost support for ICT, telecoms

FE REPORT | 2024-02-08 00:00:00

Saudi and Sweden envoys in Dhaka have expressed their willingness to increase cooperation in the ICT and telecommunications sector of the country.The development came as they paid courtesy calls to state minister for post, telecoms and information technology Junaid Ahmed...

Soybeans snap 2-session rally

2024-02-08 00:00:00

SINGAPORE, Feb 7 (Reuters): Chicago soybean futures declined on Wednesday with the market's focus on higher production in Argentina, while corn prices dropped to the lowest in more than three years.Wheat lost ground amid ample Russian supplies."Soybean prices are on...

Base metals gain on weaker dollar, China support

2024-02-08 00:00:00

BEIJING, Feb 7 (Reuters): Prices of most base metals gained on Wednesday, thanks to a weaker US dollar and more upbeat sentiment, boosted by Beijing's latest effort to support its stock market.Three-month copper on the London Metal Exchange was up...

Oil up as US crude inventories grow less than expected

2024-02-08 00:00:00

LONDON, Feb 7 (Reuters): Oil prices rose for a third day on Wednesday after US crude inventories grew less than expected and a cut in the forecast for output growth in the US, the world's biggest producer, eased concerns about...

Bumrah becomes first Indian pacer to top ICC rankings

2024-02-08 00:00:00

NEW DELHI, Feb 7 (AFP): India's pace spearhead Jasprit Bumrah on Wednesday rose to the top of the International Cricket Council's Test bowling rankings, becoming the first-ever fast bowler from the country to achieve the feat.The 30-year-old played a key...

Messi plays in Tokyo on heels of Hong Kong no-show

2024-02-08 00:00:00

TOKYO, Feb 07 (Reuters):After leaving fans guessing about whether or not he would take to the pitch, Lionel Messi came on in the 60th minute in Inter Miami's friendly match against J-League side Vissel Kobe in Tokyo on Wednesday.The 36-year-old's...

New Zealand beat South Africa by 281 runs in first Test

2024-02-08 00:00:00

MOUNT MAUNGANUI, New Zealand, Feb 07 (AFP): Black Caps seamer Kyle Jamieson claimed four wickets on Wednesday to drive New Zealand to a 281-run win over South Africa with a day to spare in the first Test.Dogged resistance from the...

Aamer Jamal leads Comilla rout of Khulna in BPL

2024-02-08 00:00:00

Comilla Victorians emerged triumphant against the Khulna Tigers by 34 runs in their latest match in the ongoing season of the Bangladesh Premier League (BPL) on Wednesday, reports UNB.Opting to bat first after winning the toss, the Comilla set a...

Preserve traditional sports: PM Hasina

2024-02-08 00:00:00

Prime Minister Sheikh Hasina has emphasised the importance of preserving traditional sports in Bangladesh to instill the virtues they espouse into future generations."Our boys and girls must ensure that our traditional games do not fade into oblivion. They are very...

News in Brief (2024-02-08)

2024-02-08 00:00:00

Zelensky orders creation of separate military force for dronesKYIV, Feb 07: President Volodymyr Zelensky on Tuesday ordered the creation of a separate branch of Ukraine's armed forces devoted to drones, weapons he and military officials say are crucial to fighting...

EU eyes 90pc cut to greenhouse gases by 2040

2024-02-08 00:00:00

STRASBOURG, Feb 07 (AFP): The EU on Tuesday urged a 90-percent cut to its greenhouse gas emissions by 2040, even as the bloc's transition to a greener future was clouded by a widespread farmers' revolt."Based on the best available science,...

Zimbabwe cabinet scraps death penalty law

2024-02-08 00:00:00

HARARE, Feb 07 (Reuters): Zimbabwe's cabinet on Tuesday agreed to abolish the death penalty following months of debate in parliament, choosing instead to impose lengthy prison sentences for the worst offences.The cabinet passed a private member's bill introduced last year...

Israeli air raids in Syria kill civilians

2024-02-08 00:00:00

DAMASCUS, Feb 07 (AP): Israeli airstrikes over the central city of Homs and nearby areas killed and wounded civilians, the Syrian military said Wednesday.There was no immediate comment from Israel.Syrian state news agency SANA quoted an unidentified military official as...

Philippine landslide buries 20 people

2024-02-08 00:00:00

MANILA, Feb 07 (AFP/Reuters): Rescuers searched Wednesday for 20 people trapped inside two buses buried by a rain-induced landslide in a mountainous region of the southern Philippines, an official said.At least 28 people were on board two buses outside a...

Hamas proposes 135-day truce plan

2024-02-08 00:00:00

GAZA, Feb 07 (BBC/Reuters/AFP): Hamas has laid out a series of demands, including exchanging hostages for Palestinian prisoners and rebuilding Gaza, in response to an Israel-backed ceasefire proposal.The armed group wants a full withdrawal of Israeli forces and an end...

DMP arrests 47 for consuming, selling drugs

2024-02-08 00:00:00

As part of the anti-drug drives in the capital, the members of the Dhaka Metropolitan Police (DMP) has arrested a total of 47 people on charges of selling and consuming drugs during the last 24 hours till 6am on Wednesday,...

Two female farmers plucking beans

2024-02-08 00:00:00

Two female farmers plucking beans at a field for selling in local markets. The photo was taken from Moddhopara village in Shijanagar of Keraniganj — Focus Bangla

Man commits suicide after strangling wife in Gazipur

2024-02-08 00:00:00

GAZIPUR, Feb 07 (bdnews24.com): A man has died by suicide on camera after strangling his wife and restraining her hands and feet to the bed at Sreepur in Gazipur district on Tuesday night.The deceased was identified as 22-year-old Hridoy, who...

Barber stabbed to death in Chattogram

2024-02-08 00:00:00

CHATTOGRAM, Feb 07 (UNB): A 65-year-old barber was stabbed to death by some miscreants in Sarafbhata area of Rangunia upazila in Chattogram on early Wednesday.The deceased was identified as Santosh Kumar Shil, son of Khadendra Shil of Chatur Bazar of...

Florists expect to turn over Tk 1b in north

OUR CORRESPONDENT | 2024-02-08 00:00:00

BOGURA, Feb 07: Works related to harvesting, packaging and transporting flowers are now at their zenith in the northern region for their high demand with Ekushey February (International Mother Language Day), Valentine's Day, Pahela Falgun, Pahela Baishakh and March 26...