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Keep market stable during Ramadan

2023-12-19 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called on traders to keep the supply of essential commodities normal, and prices under control, during the Muslim holy month of Ramadan, reports UNB.President of the FBCCI Mahbubul Alam...

A worker is carrying a bundle of finished blankets

2023-12-19 00:00:00

A worker is carrying a bundle of finished blankets on his head in Nayaranganj's Siddhirganj area for delivery. With winter's nip in the air, demand for cosy covers surges across Bangladesh, keeping Siddhirganj manufacturers and wholesalers busy. — FE Photo...

Dev spending slumps to seven-year low

FE REPORT | 2023-12-19 00:00:00

The government's development-programme-implementation rate has hit a seven-year low, with only 17.06 per cent of the budget spent in the first five months of the current fiscal year. This sluggish pace is attributed to both government austerity measures and the...

Bangladesh's foreign debts go ballooning

FE REPORT | 2023-12-19 00:00:00

Bangladesh's foreign debts have increased nearly 3.5 times in last one decade to US$97.01 billion, a World Bank report says, on a note of alert about ballooning global debt-service costs.Ten years back in 2012, the public-and private-sector debt stock was...

Banks walk tightrope for larger liquidity crunch

JUBAIR HASAN | 2023-12-19 00:00:00

Banking system in Bangladesh gets into tighter liquidity situation as banks' cash stocks dip and cashable credits in vaults remain under hard pressure amid a crunch, experts have said.As such, the liquidity supports from the central bank to tidy balance...

Palm oil up on output concerns, lower inventories

2023-12-19 00:00:00

NEW DELHI, Dec 18 (Reuters): Malaysian palm oil futures settled higher on Monday as falling inventories and concerns over output due to dry weather conditions pushed up prices.The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives...

Copper slips on weak China demand

2023-12-19 00:00:00

LONDON, Dec 18 (Reuters): Copper prices came under pressure on Monday due to worry about weak demand in top consumer China, but mine closures and disruptions raising the prospect of tighter supplies helped support confidence.Benchmark copper on the London Metal...

Gold prices rebound

2023-12-19 00:00:00

Gold prices climbed on Monday, buoyed by a weaker dollar and bond yields as markets awaited US inflation data due this week to ascertain the Federal Reserve's policy path after a dovish spin last week, reports Reuters.Spot gold was up...

Soybeans, corn, wheat drop

2023-12-19 00:00:00

HAMBURG, Dec 18 (Reuters): Chicago soybeans and crop fell on Monday with more rain forecast for dry crops in Brazil, although robust demand for US soy supplies limited falls.Wheat dropped with US export prospects looking difficult against competition from cheap...

CAREW & CO BEGINS SUGARCANE CRUSHING

2023-12-19 00:00:00

Carew & Co (Bangladesh) Ltd. has kicked off the sugarcane crushing programme at its sugar mill at Darshana in Chuadanga recently. Chairman of Bangladesh Sugar and Food Industries Corporation (BSFIC) Sheikh Shoebul Alam inaugurated the sugarcane crushing season on the...

Oil rises by more than 1pc on Red Sea tanker attack

2023-12-19 00:00:00

LONDON, Dec 18 (Reuters): Oil rose more than 1 per cent on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions, although ample supply and scepticism around Russia's plan to cut...

Champions League Man City to play Copenhagen in last 16 short on glamour ties

2023-12-19 00:00:00

PARIS, Dec 18 (AFP): Holders Manchester City were handed a tie against FC Copenhagen in Monday's draw for the Champions League last 16, from which the meeting of last season's runners-up Inter Milan and Atletico Madrid appears the standout tie.Pep...

NZ's Kyle Jamieson rested for remainderof BD ODI series

2023-12-19 00:00:00

Kyle Jamieson will sit out the second and third ODIs against Bangladesh "and will instead have a period of rest" ahead of the three-match T20 series. Meanwhile, Finn Allen has also been taken out of the squad for the second...

Harry Kane breaks another scoring record in Germany

2023-12-19 00:00:00

Harry Kane continued his superb scoring form by breaking yet another record in Bayern Munich's 3-0 win against Stuttgart on Sunday, according t CNN Sports.The 30-year-old Kane scored two goals in the game, his second making him the quickest player...

Chief of Army Staff of Bangladesh Army, posing with winners of ABG Bashundhara Bijoy Dibosh Golf Tournament 2023 during a closing and prize giving ceremony

2023-12-19 00:00:00

Chief of Army Staff of the Bangladesh Army and KGC President General SM Shafiuddin Ahmed SBP (BAR), OSP, ndu, psc, PhD posing with the winners of the ABG Bashundhara Bijoy Dibosh Golf Tournament 2023 during a closing and prize giving...

Kings retain Independence Cup title

2023-12-19 00:00:00

Coming from behind, a 10-man Bashundhara Kings clinched the Independence Cup trophy for the 2nd consecutive time beating Federation Cup champions Dhaka Mohammedan SC by 2-1 goal in the final al the Sheikh Fazlul Haque Mani Stadium in Gopalganj on...

Sylhet road crash kills two bikers

2023-12-19 00:00:00

SYLHET, Dec 17 (UNB): Two men were killed in a head-on collision between their motorcycles on the Sylhet-Tamabil highway on Saturday night.The deceased were identified as Al-Amin, 25, resident of Shantinagar village of Gowainghat upazila, and Shakil Ahmed Imon, 30,...

Cold wave causes fever outbreak in Sirajganj

2023-12-19 00:00:00

SIRAJGANJ, Dec 18 (UNB): The north-western district of Sirajganj is experiencing an alarming rise in cold and fever cases amidst a cold wave and dense fog. This increase is particularly noted in the district's clinics and hospitals.Remarkably, the influx of...

31st night: Ban slapped on outdoor celebrations in Cox's Bazar

OUR CORRESPONDENT | 2023-12-19 00:00:00

COX'S BAZAR, Dec 18: The local administration has imposed a ban on all forms of gathering and celebrations outdoors in Cox's Bazar marking the Holy Christmas and on the eve of the Happy New Year (2024). Security will be tightened...

News in Brief -2023-12-19)

2023-12-19 00:00:00

Iraqis vote in provincial elections BAGHDAD, Dec 18: Iraqis voted Monday in the first provincial council elections in a decade, which are expected to strengthen powerful pro-Iran Shiite Muslim groups. The vote comes at a time of widespread public disillusionment...

Israel ‘intentionally starving’ Gaza civilians

2023-12-19 00:00:00

JERUSALEM, Dec 18 (AFP/AP): The group Human Rights Watch (HRW) on Monday accused the Israeli government of intentionally starving civilians in Gaza as part of its offensive in the besieged Palestinian territory."The Israeli government is using starvation of civilians as...

Hong Kong media tycoon's trial begins

2023-12-19 00:00:00

HONG KONG, Dec 18 (BBC): Pro-democracy media tycoon Jimmy Lai has gone on trial in Hong Kong on charges of breaching national security and colluding with foreign forces.Mr Lai, 76, denies all the charges. Jailed since December 2020, he faces...

Biden safe after car collides with motorcade

2023-12-19 00:00:00

NEW YORK, Dec 18 (Reuters): President Joe Biden was safe on Sunday night after a car collided with a motorcade SUV that was part of the president's security detail, a Reuters witness said.Biden had just left his campaign headquarters with...

North Korea fires ICBM-class missile

2023-12-19 00:00:00

PYONGYANG, Dec 18 (Reuters): North Korea fired an ICBM-class missile on Monday with a range capable of reaching anywhere in the United States, a Japanese official said, marking its second missile launch in hours as Pyongyang condemned a US-led show...

Covid cases rise in Kerala

2023-12-19 00:00:00

KOCHI, Dec 18 (BBC): India's Kerala state has asked people to stay cautious but urged them not to panic after an increase in Covid cases. The southern state has witnessed the increase after the detection of JN.1, a sub-variant of...

Resolving varsity students' housing problem

2023-12-19 00:00:00

An acute accommodation crisis has been prevailing in the country's public universities. The housing problem is deepening day by day mainly for the new entrants. Only 43.25 per cent of the students of the public universities are getting accommodation facility,...

Distributing school textbooks in time

2023-12-19 00:00:00

Delivering school textbooks on time is no doubt a success for the government. But in recent years, it has failed to deliver all new textbooks to the students on the first day of January. A similar situation is likely to...

More trees the answer for city's air pollution

Syed Fattahul Alim | 2023-12-19 00:00:00

Role of trees in protecting environment, helping animals to survive by releasing oxygen into the air and providing shade to keep earth surface cooler is well-known. These are too familiar truths to repeat. But humans often forget some familiar truths...

Cultural and social changes in BD: old and new realities

Afsan Chowdhury | 2023-12-19 00:00:00

A good example of change relating to culture may seem funny or ironic but nowadays when people go to the Shaheed Minar, they think as much about when they will be able to push the jam and return home and...

Reintegrating returnee migrant workers

2023-12-19 00:00:00

That migrant workers after years of hard labour abroad have to face difficulty reintegrating into society after returning home is, sadly, a cruel irony. For it is to be better off financially that those people go abroad, but often find...