The sun has finally broken through the dense fog of winter in Dhaka and other parts of Bangladesh, according to reports from agencies.A bit of sun was also seen in Faridpur, Madaripur, Shariatpur, Gopalganj, Barishal, Patuakhali, Kishoreganj, and Sylhet. However,...
FE REPORT | 2024-01-16 00:00:00
The Supreme Court (SC) on Monday adjourned till February 05 its hearing on a petition filed seeking stay on a High Court (HC) order that asked the authorities concerned to investigate the allegations against the S Alam Group owner of...
FE REPORT | 2024-01-16 00:00:00
The newly appointed foreign minister, Dr Hasan Mahmud, stressed the importance of strengthening the country's economic diplomacy to face allied challenges."We have to advance our economy. We need to expand trade," Dr Mahmud told a view-exchange meeting with reporters at...
Prime Minister Sheikh Hasina will inaugurate the 28th edition of the Dhaka International Trade Fair (DITF) on January 21.AHM Ahsan, vice-chairman of the Export Promotion Bureau (EPB), confirmed this to UNB on Monday. He said that like the previous year,...
FHM HUMAYAN KABIR | 2024-01-16 00:00:00
Transport sector, the country's largest recipient of development funds, has proposed surrendering a big chunk of its current budget allocation due to delays in project execution, officials said on Monday.In the upcoming revised annual development programme, this proposed sacrifice amounts...
The 12th national parliament will convene for its first session on Jan 30, reports bdnews24.com.The parliament will meet at 3:00 pm, a notice from the Parliament Secretariat said on Monday.President Mohammed Shahabuddin called the session according to his constitutional power....
SAJIBUR RAHMAN | 2024-01-16 00:00:00
Bangladesh's mobile financial services (MFS) have witnessed a decrease in transaction volume in recent times.Overall MFS transactions and inward remittances via the MFS channel reported nearly 1.0 per cent and 2.16 per cent declines respectively in November 2023, according to...
YASIR WARDAD | 2024-01-16 00:00:00
Beef relief coinciding with the electioneering seems to have fizzled out. Now with the red meat prices spiralling for over a week, consumers face a fresh squeeze as prices for other protein sources -- both animal-and plant-based -- have also...
Prime Minister Sheikh Hasina issues warning against entertaining any sort of corruption and irregularities in any government sector, including public procurement, as her new cabinet sets sail."I will not tolerate any kind of corruption and irregularity in order to ensure...
FE REPORT | 2024-01-16 00:00:00
Bangladesh and India discussed means of expanding areas of local-currency trade as a way of dodging dollar dearth, a monetary crunch that affects many economies worldwide. Officials said the matter came up during discussion on a wide range of bilateral...
M AZIZUR RAHMAN | 2024-01-16 00:00:00
Electricity generation in Bangladesh tumbled to around a third of the overall capacity for scarcity of natural gas amid sagging winter demand.According to State-run Bangladesh Power Development Board (BPDB), the countrywide electricity generation during the day peak hours on January...
ATHENS, Jan 15 (Reuters): Greece has begun preparations for the sale of 30 per cent stake in Athens International Airport through an initial public offering (IPO) and separate agreements with shareholders AviaAlliance and the Copelouzos family, Athens International Airport said...
India's markets regulator, on Monday, proposed a relaxed framework for alternative investment funds (AIFs) and venture capital funds (VCFs) to deal with their unliquidated investments after the fund tenure expires, reports Reuters.The Securities and Exchange Board of India (SEBI) suggested...
TOKYO, Jan 15 (Reuters): Nearly half of the companies on the Tokyo Stock Exchange's (TSE) prime section have responded to a call to disclose plans to improve capital efficiency, the bourse said on Monday, as it released for the first...
The UK's benchmark FTSE 100 reversed early gains to fall on Monday, hurt by a sell-off in luxury and bank stocks, while lacklustre corporate earnings forecasts weighed on the FTSE 250 shares, reports Reuters.The blue-chip FTSE 100 (.FTSE) rose 0.2...
NEW DELHI, Jan 15 (Reuters): Net inflows into exchange traded funds (ETFs) tracking Indian stocks hit a record high in 2023, with analysts optimistic that investors will continue to buy into the world's fastest-growing major economy even as keenly watched...
SINGAPORE, Jan 15 (Reuters): Taiwan's election could allay global concerns about the island's relations with China, while prompting a light selloff domestically on Monday as investors worry the result could hinder economic policy.Vice President Lai Ching-te won the presidency on...
LONDON/SYDNEY, Jan 15 (Reuters): Global stocks held steady on Monday, with US markets closed for a holiday, while Chinese equities fell slightly after the country's central bank wrong-footed investors by skipping on a rate cut.MSCI's world stock index was unchanged...
RIYADH, Jan 15 (Arab News): Saudi Arabia's inflation slowed to 1.5 per cent in December 2023, compared to 1.7 per cent in the previous month, official data showed. According to the latest report from the General Authority for Statistics, the...
RIYADH, Jan 15 (Arab News): Some 56 per cent of chief economists expect the global economy to slow down in 2024 along with an acceleration in geo-economic fragmentation, a survey showed. The latest Chief Economists Outlook from the World Economic...
HONG KONG, Jan 15 (Reuters): Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world's biggest smartphone market.The US tech giant cut prices...
DAVOS (Switzerland), Jan 15 (AFP): The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich's influence over tax policy.A report from the...
The British Standards Institution (BSI) has organised a five-day 'Lead Auditor Training on Energy Management Systems (ISO 500001:2018)' in the capital. Director General (Grade-1) of the Bangladesh Standards and Testing Institution (BSTI) SM Ferdous Alam was present as the chief...
Entomology Division of Bangladesh Agricultural Research Institute (BARI) held a workshop on 'Up-scaling of BARI-developed biorational-based insect pest management technologies for safe vegetables production' at the BARI Seminar Room on Monday. The project was funded by the United Commercial Bank....
A new Sony-Smart showroom has opened its doors at Shyamoli in Dhaka. Genuine electronics products of Japanese world-famous brand Sony and related services are available in this showroom. Smart Technologies (BD) Ltd. is the official distributor of Sony in Bangladesh....
Rupali Bank PLC has congratulated newly-appointed Road Transport and Bridges Minister Obaidul Quader. Rupali Bank Managing Director and CEO Mohammad Jahangir greeted Mr Quader with a bouquet in the city on Sunday.
National flag carrier Biman Bangladesh Airlines joined the international tourism fair 'Dhaka Travel Mart 2024' as the title sponsor. To this effect, Biman Director of Marketing and Sales (Acting) Mohammed Salahuddin and Bangladesh Monitor Editor Kazi Wahidul Alam signed an...
Modhumoti Bank Limited inaugurated revenue collection booths in Dhaka South City Corporation areas on Monday for the collection of holding taxes and trade licence fees. In the presence of Modhumoti Bank Managing Director and CEO Md Shafiul Azam, Dhaka South...
Industries Minister Nurul Majid Mahmud Humayun has laid emphasis on formulating proper planning to best utilise the country's internal resources, reports BSS."In the context of existing global and regional geo-economic volatility, we have to concentrate on formulating a proper planning...
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