FHM HUMAYAN KABIR | 2024-01-27 00:00:00
A halfway stocktaking of the execution of Bangladesh's eighth five-year plan (FYP) for development shows underperformance on most macroeconomic parameters, leaving little hope for recuperation during the remaining time. The midterm review by General Economics Division (GED) has found performance...
THE HAGUE, Jan 26 (AFP/Reuters): The World Court ordered Israel on Friday to prevent acts of genocide against the Palestinians and do more to help civilians, although it stopped short of ordering a ceasefire as requested by South Africa.While the...
JASIM UDDIN HAROON | 2024-01-27 00:00:00
Unemployment increased in the last quarter to December 2023 over its corresponding period a year before for, economists say, major factors like high inflation, lax investment and election jitters. And the jobless rate was especially pushed up by higher female...
Residents of Panchagarh's Tetulia woke up to the chilliest morning of the season as a mid-winter cold snap continued to sweep over parts of Bangladesh on Friday, reports bdnews24.com.The mercury plunged to 5.8 degrees Celsius in Tetulia on the day,...
LONDON, Jan 26 (Reuters): Investors poured almost $12 billion into Chinese equity funds in the week to Wednesday in the largest inflow since 2015 and the second largest ever, a BofA Global Research report showed on Friday - a positive...
FE REPORT | 2024-01-27 00:00:00
The initial public offering (IPO) of NRB Bank will open tomorrow (Sunday) for subscription, aiming to raise Tk 1 billion from the primary market under the fixed-price method.The subscription period will continue until February 1, according to Dhaka Stock Exchange.NRB...
FE REPORT | 2024-01-27 00:00:00
The cooling-off raw material prices on the global market helped Marico Bangladesh's quarterly profit grow by 13 per cent to Tk 1.10 billion in the October-December 2023, compared to the same quarter a year earlier.Also, higher net finance income contributed...
FE REPORT | 2024-01-27 00:00:00
With the removal of the 'floor price' this week, the market saw sharp sell-off in stocks that remained unmoved for over a year, dragging the benchmark equity index deeper into correction territory.The stock market regulator lifted the floor price in...
WASHINGTON, Jan 26 (AFP): Sales of new US homes jumped in 2023, government data showed Thursday -- a result that reflects a lack of inventory in the existing homes market, as mortgage rates remained elevated.An estimated 668,000 new homes were...
Sanjoy Kumar Bhowmik took over as Chairman (Grade 1) of Bangladesh Small and Cottage Industries Corporation (BSCIC) on Thursday, says a press release. He started off his career as a member of the 13th BCS (administration) cadre in 1994. He...
WASHINGTON, Jan 26 (Reuters): Elon Musk's brain-implant company Neuralink was fined for violating US Department of Transportation (DOT) rules regarding the movement of hazardous materials, according to records from the federal agency reviewed by Reuters.During inspections of the company's facilities...
UNITED NATIONS, United States, Jan 26 (AFP): The volume of commercial traffic passing through the Suez Canal has fallen more than 40 percent in the last two months after attacks by Yemen's Huthi rebels, according to the United Nations, raising...
FRANKFURT, (Germany), Jan 26 (AFP): The European Central Bank froze borrowing costs again on Thursday and expressed caution on inflation, with president Christine Lagarde saying it was still too early to consider rate cuts.The third consecutive pause since October leaves...
FE REPORT | 2024-01-27 00:00:00
To boost revenue mobilisation, finance minister Abul Hassan Mahmood Ali on Friday instructed the revenue board to reward the law-abiding traders and take strict action against the non-compliant ones.The minister said one of the duties of the customs was to...
Nonferrous metals traded largely mixed on Friday, but most were set for weekly gains on hopes of an improvement in demand from top consumer China following a raft of policy support, reports Reuters.Three-month copper on the London Metal Exchange CMCU3...
Gold prices held in a narrow range on Friday as investors stayed on the sidelines awaiting a key U.S. inflation print later in the day that could set the tone for the Federal Reserve policy meeting next week, reports Reuters.Spot...
LONDON, Jan 26 (Reuters): British food and drink prices will continue to rise in 2024, contributing to an extended cost-of-living crisis, a prominent grocery industry researcher said on Thursday.Food and drink inflation will be between 0.3 per cent and 2.3...
LONDON/WASHINGTON, Jan 25 (Reuters): The aviation industry will press regulators this week for urgent action to help tackle GPS "spoofing" amid a surge in such activity, which can send commercial airliners off-course, due to conflicts in Ukraine and the Middle...
LONDON (Reuters): Oil prices eased on Friday but remained on course for a second consecutive weekly gain, supported by positive US economic growth and Middle East supply concerns.The United States, the world's biggest oil consumer, registered faster than expected economic...
HARARE, Jan 26 (AFP): Zimbabwean international cricketers Wessly Madhevere and Brandon Mavuta have been banned from all cricket for four months for recreational drug use.Both players have also been fined 50 per cent of their salaries for three months, according...
BRISBANE, Jan 26 (AFP): Australia took the late wicket of Tagenarine Chanderpaul to even the contest after a fascinating second day's play in the second Test against the West Indies in Brisbane on Friday.At stumps, the West Indies were 13-1,...
Graphic shows the women's single final between Belarussian Aryna Sabalenka and Chinese Zheng Qinwen of the Australian Open tennis competition in Melbourne on Saturday — AFP
BARCELONA, Jan 26 (AFP): Disgraced former Spanish football chief Luis Rubiales will be banned from the game for three years, world football governing body FIFA confirmed Friday after rejecting his appeal."The Appeal Committee was comfortably satisfied that Mr Rubiales behaved...
WELLINGTON, Jan 26 (AFP): Star batters Kane Williamson and Rachin Ravindra were named Friday in the New Zealand squad for the two-match home Test series, starting next week, against an inexperienced South Africa side.Williamson returns to the Black Caps after...
MELBOURNE, Jan 26 (AFP): Jannik Sinner ended Novak Djokovic's bid for a record 25th Grand Slam title on Friday, snapping the Serb's astonishing 33-match winning run at Melbourne Park to reach his first major final.The Italian fourth seed was unfazed...
HYDERABAD, Jan 26 (AFP): KL Rahul hit 86 and Ravindra Jadeja closed in on a half-century Friday to push India's lead to 63 runs on day two of the opening Test against England.India were 309-5 at tea with Jadeja on...
The Sylhet leg of the ongoing Bangladesh Premier League (BPL) commenced as Khulna Tigers triumphed over Rangpur Riders by 28 runs on Friday, reports UNB.Mohammad Nawaz's stellar fifty and Dasun Shanaka's four-wicket haul were instrumental in securing the victory for...
Mohammad Ashraful Islam Khan | 2024-01-27 00:00:00
Supply chains in 2023 witnessed improvement since the economic downturn triggered by the Covid-19 pandemic in 2020-21. Operations became more streamlined, experiencing reduced congestion and a more harmonious supply-demand equilibrium. Valuable insights from the challenges posed by the pandemic underscored...
Md. Abdul Latif | 2024-01-27 00:00:00
Cox's Bazar, the sea, sun, and sand-based tourism capital in the country has built its connectivity with the capital, Dhaka, by the railway track opened on December 1 2023. This strengthens its existing multimodal connectivity and offers safer, cost-effective, and...
Nilratan Halder | 2024-01-27 00:00:00
Some call it metro magic, others 'a slice of foreign land'. By foreign land, they mean the most advanced countries in the West where life is so synchronised that it can with rare exception go by the clock. Movements on...
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