A Japan Airlines plane on fire on a runway of Tokyo's Haneda Airport after apparently colliding with a coast guard aircraft on Tuesday. Five people aboard the coast guard aircraft were killed in the accident. — AFP
A powerful earthquake that hit Japan on New Year's Day killed at least 55 people, with rescue teams struggling in freezing temperatures on Tuesday to reach isolated areas where many people are feared trapped under toppled buildings, reports Reuters.In Suzu,...
DOULOT AKTER MALA | 2024-01-03 00:00:00
Luxury-car imports tripled year on year in 2023 by official count, notwithstanding foreign-exchange crunch facing Bangladesh and resultant curbs imposed on import of non-essential items to navigate financial crisis.Country's gross forex reserves dipped to around US$ 27 billion as on...
YASIR WARDAD | 2024-01-03 00:00:00
Soaring food prices have triggered a wave of consumer backlash, with boycotts erupting online and demand plummeting across various items. This phenomenon, increasingly witnessed over the past year as food inflation climbed into double digits, fuelled by widespread internet access,...
JUBAIR HASAN | 2024-01-03 00:00:00
Yield on two-year Treasury bond hit a record-high 11.60 per cent Tuesday as credit-starved commercial banks bid for higher returns to gain maximum out of their squeezing resources, sources said.According to the auction of 2-year T-bond held on the day...
FE REPORT | 2024-01-03 00:00:00
Export growth got stymied in the first half of the current fiscal with the rate tumbling to 0.84 per cent in US$27.54-billion turnover, for volatile global market and Bangladesh's limited product basket. The overall July-December earnings in the fiscal year...
Weather may remain dry with temporary partly cloudy sky over the country until 06:00 pm today (Wednesday), according to the Met Office.Moderate to thick fog may. Moderate to thick fog may occur over the country during midnight to morning and...
OUR CORRESPONDENT | 2024-01-03 00:00:00
CHATTOGRAM, Jan 02: Chittagong Film Centre (CFC) celebrated its 31st founding anniversary in the port city on Monday. Journalist and poet Nazimuddin Shyamol , president of the centre, inaugurated the function by cutting a cake.Among others, CFC General Secretary Lokpriyo...
A cold wave has hit parts of Bangladesh, with the lowest temperature of 9.0°C being recorded in Syedpur, Nilphamari district on Tuesday morning, according to the Bangladesh Meteorological Department (BMD), reports UNB. This cold wave, accompanied by dense fog, has...
The number of dengue cases has increased by 60 in the last 24 hours on Tuesday, after 321,179 hospitalisations last year, according to the Directorate General of Health Services, reports bdnews24.com.In Dhaka, hospitals admitted 13 patients, while the other districts...
FE Report | 2024-01-03 00:00:00
Expatriate Bangladeshis should be given a 5.0 per cent incentive on sending remittances to encourage them to send their hard-earned money home through the official channel, speakers recommended at an event. The speakers also recommended that the recruiting agencies that...
CHUADANGA, Jan 02 (UNB): Jatiya Party (JP) candidate for Chuadanga-1 constituency, Advocate Sohrab Hossain, has withdrawn his candidacy from the 12th parliamentary election race, alleging lack of cooperation from his party and coordination.Meanwhile, Jatiya Party (JP) candidate for Dinajpur-2 constituency...
FE REPORT | 2024-01-03 00:00:00
Awami League nominee Shammi Ahmed from Barishal-04 constituency and independent candidate Serniabat Sadiq Abdullah from Barishal-05 constituency are unable to contest the January 07 general election.The Appellate Division of the Supreme Court on Tuesday dismissed a leave-to-appeal petition filed by...
JU CORRESPONDENT | 2024-01-03 00:00:00
Leaders of Jatiyatabadi Shikkhak Forum, an organisation of pro-BNP teachers, distributed leaflets in and around the Jahangirnagar University (JU) campus on Tuesday in support of the party's boycott of the 'dummy' national election and the non-cooperation movement.A JU Senate member...
Ganatantra Mancha, a platform of some opposition organisations, on Tuesday said that the Labour Court's verdict against Nobel Laureate Professor Muhammad Yunus is an outcome of the Awami League government's political vendetta, reports UNB.Speaking at a rally in the capital's...
Awami League General Secretary Obaidul Quader on Tuesday said there is no scope of escape after committing crime despite having a social status of a parson, reports BSS."Noble laureate economist Dr Muhammad Yunus is not above the law and that's...
Tesla on Tuesday reported fourth-quarter deliveries ahead of analysts' estimates after a push to deliver more Model 3 electric cars before some variants of the compact sedan lose federal tax credits in the New Year under the Inflation Reduction Act...
TORONTO, Jan 2 (Reuters): In a tough year for Canadian banks, shares in mid-sized lender EQB Inc jumped more than 50 per cent on solid earnings growth, making it the best-performing banking stock in 2023, with investors expecting more gains...
Mohammed Rabiul Hossain, Managing Director & CEO of Uttara Bank PLC, inaugurated the new premises of Mitford Road Branch (MM Tower, Biren Bose Street, Mitford Road) in Dhaka on Monday. Deputy Managing Directors Maksudul Hasan, Md Abul Hashem, Md Ashraf-uz-Zaman...
Shari'ah-based Standard Bank PLC organised a doa mahfil on the occasion of its stepping into the 4th year of full-fledged Islami banking. Kazi Akram Uddin Ahmad, Chairman of the bank, was the chief guest at the event held at the...
Bengal Commercial Bank PLC (BGCB) held its 26th meeting of the Board of Directors at the bank's Head Office in Dhaka recently. Md. Jashim Uddin, Chairman of the Board, presided over the meeting. Mahbubul Alam, Vice Chairman of the bank,...
US financial technology companies that popularised amateur stock trading are pushing into fixed income in a bid to capitalise upon growing retail investor interest sparked by soaring yields in 2023, reports Reuters.Online brokerage Public, wealth management platform Wealthfront and fintech...
FE REPORT | 2024-01-03 00:00:00
The E-Commerce Association of Bangladesh (E-CAB) has urged the government to facilitate the smooth supply of essential commodities in case of any emergency that may arise during the national parliament election.They sought all types of logistic support before and after...
The Summit Alliance Port Limited (SAPL) has approved a 12 per cent cash dividend for the year ended on 30 June 2023 at its 19th Annual General Meeting (AGM) held recently, says a statement. In this financial year, SAPL has...
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called for reforms in the tax regime to materialise the country's development goal -- 'Smart Bangladesh', reports BSS.The country's apex trade body has also sought business-friendly tax system and...
BENGALURU, Jan 2 (Reuters): India's benchmark indexes fell on Tuesday, dragged by financials, auto and information technology stocks, as selling pressure emerged at near record high levels.The blue-chip NSE Nifty 50 fell 0.35 per cent to 21,665.80 points, while the...
Global mega-cap companies, led by the technology sector, posted solid gains in 2023, boosted by optimism over artificial intelligence, that inflation was peaking and on hopes for further economic stimulus from central banks, reports Reuters.Facebook parent Meta Platforms experienced a...
Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them. Markets rallied as a result, but 2024 could hold surprises as the world adjusts to an economic order...
LONDON, Jan 2 (Reuters): US property catastrophe reinsurance rates rose by as much as 50 per cent on the key Jan. 1 renewal date, broker Gallagher Re said in a report on Tuesday, as reinsurers look to recoup losses from...
HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France to Crédit Commercial de France, a subsidiary of My Money Group, the British lender said on Monday, reports Reuters."All necessary regulatory approvals were...
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