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Hilsa price plummets on increased supply

OUR CORRESPONDENT | 2024-08-25 00:00:00

CHANDPUR, Aug 24: Price of hilsa fish has come down by Tk200-Tk300 per kg in the fish markets of Chandpur district town on the back of its increased supply in the last couple of days. At this time, Chandpur Fish...

IMF says right for US to cut rates though inflation risk not gone

2024-08-25 00:00:00

JACKSON HOLE, Aug 24 (Reuters): The imminent rate cuts planned by the US Federal Reserve are "in line" with International Monetary Fund (IMF) advice that has put a premium on ensuring inflation was controlled but now sees risks shifting toward...

Dollar falls after Fed's Powell greenlights September easing

2024-08-25 00:00:00

WASHINGTON, Aug 24 (Reuters): The dollar fell and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an unambiguous signal that the long-anticipated US interest rate cut would come next...

PRAN-RFL stands by flood-hit people

2024-08-25 00:00:00

The country's one of the leading business conglomerates PRAN-RFL group has stood beside the flood affected people in different districts of the country, reports BSS.Dry foods and bottled water are being provided to the flood affected people under the initiative...

Employees of US-Bangla donate one day’s salary for flood victims

2024-08-25 00:00:00

In response to the ongoing floods in south-eastern Bangladesh, US-Bangla Airlines has pledged its support to the flood-hit communities, reports UNB.The airline's pilots, engineers, cabin crew, and all other staff have committed to donating an amount equivalent to one day's...

Sony-Smart provides free healthcare services at Uttara showroom

2024-08-25 00:00:00

Smart Technologies (BD) Limited, the official distributor of Sony in Bangladesh, has launched a three-day free healthcare service programme under the theme 'Let Life Be Secure.' The initiative was inaugurated at the Sony-Smart's Uttara showroom in the city on Saturday,...

First meeting of new board of directors of National Bank

2024-08-25 00:00:00

First meeting of new board of directors of National Bank The first meeting of the newly-formed board of directors of National Bank was held on August 22, 2024. In the meeting of the board, sponsor director Abdul Awal Mintoo was...

Prime Bank pledges relief package of Tk 20m for flood victims

2024-08-25 00:00:00

Prime Bank pledges relief package of Tk 20m for flood victimsPrime Bank held an emergency board meeting on Saturday in response to the severe flood situation currently affecting many districts of the country. The board of directors of Prime Bank...

Tapan Chowdhury new chairman of CDBL

FE Report | 2024-08-25 00:00:00

Tapan Chowdhury, managing director of Square Pharmaceuticals, has been selected as chairman of the Central Depository Bangladesh Ltd (CDBL).He was chosen by the directors of the CDBL at a board meeting on Thursday, according to a press release.Rupali Haque Chowdhury,...

Market regulator needs to look at itself before planning reforms

Farhan Fardaus | 2024-08-25 00:00:00

The securities regulator had been directly or indirectly involved in financial frauds that eroded investor confidence, crippling the market over a period of a decade and a half.That has created a ground for an in-depth and impartial investigation into the...

China has cut new coal power plant permits by nearly 80pc: Greenpeace

2024-08-25 00:00:00

BEIJING, Aug 24 (Reuters): China, the world's largest builder of coal-fired power stations, cut the number of permits for new plants by nearly 80 per cent in the first half of 2024, an environmental group report finds, saying time would...

Soybeans gain ahead of heat wave

2024-08-25 00:00:00

CHICAGO, Aug 24 (Reuters): Chicago Board of Trade soybeans rose on Friday as traders covered short positions ahead of the weekend while monitoring an incoming heat wave that could threaten some crops in the US Midwest, traders said.Most-active November soybeans...

India's silver imports to double on demand for solar, investment

2024-08-25 00:00:00

BENGALURU, Aug 24 (Reuters): India's silver imports are on course to nearly double this year due to rising demand from solar panel and electronics makers, and as investors bet the metal will give better returns than gold, leading importers said...

Equinor halts Vietnam offshore wind plans, to close Hanoi office

2024-08-25 00:00:00

HANOI/OSLO, Aug 24 (Reuters): Norway's state-controlled energy giant Equinor has cancelled plans to invest in Vietnam's offshore wind sector, a company spokesperson told Reuters, in a setback for the Southeast Asian country's green power ambitions.Vietnam has attracted international interest in...

Morgan Stanley cuts oil demand growth outlook on China factors

2024-08-25 00:00:00

Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China's slower economic growth, increased electric vehicle usage there, and a rise in the number of trucks in China powered by liquefied natural gas (LNG),...

Three killed, 8 hurt in German city

2024-08-25 00:00:00

BERLIN, Aug 24 (BBC): A manhunt is under way after three people were killed and eight others injured in a knife attack in the western German city of Solingen, police say.The attack happened during a festival in the city centre...

US, European, Latin American nations reject Maduro vote certification

2024-08-25 00:00:00

CARACAS, Aug 24 (AFP): The United States along with countries inEurope and Latin America on Friday rejected the certification by Venezuela's Supreme Court of strongman Nicolas Maduro's widely questioned presidential reelection.Washington, which has sanctions in place against Maduro's regime, said...

F Kennedy Jr suspends White House race, endorses Trump

2024-08-25 00:00:00

GLENDALE, Aug 24 (AFP): Robert F. Kennedy Jr, scion of America's storied political clan, suspended his long-shot presidential bid on Friday and endorsed Donald Trump, injecting new uncertainty into the White House race."I no longer believe that I have a...

Libyan armed groups, authorities reach deal

2024-08-25 00:00:00

TRIPOLI, Aug 24 (AFP): Libyan armed groups and authorities reached an accord in Tripoli to secure important infrastructure, the country's interior minister announced Friday, following concern from the UN over recent fighting and a brewing crisis surrounding the country's central...

Hamas won't attend Cairo truce talks

2024-08-25 00:00:00

GAZA STRIP, Aug 24 (AFP/AP): A senior Hamas official said the Palestinian militant group was sending a delegation to Cairo on Saturday but that they would not attend Gaza ceasefire talks in the Egyptian capital."The delegation will meet with senior...

Stop exodus of talents

2024-08-25 00:00:00

The emigration of highly trained or qualified people from a particular country to another is called brain drain. Every year, a significant portion of our country's students pursue higher education in America, England, or other developed countries. Many of them...

Stand beside flood-hit people

2024-08-25 00:00:00

Due to heavy rain and water from upstream, nearly twelve districts in Bangladesh are experiencing severe flooding. This sudden flood has wreaked havoc on the lives of those living in these areas. Many people have fled their homes in search...

A new era of natural disasters looming?

Atiqul Kabir Tuhin | 2024-08-25 00:00:00

Exceptional heavy rains and unprecedented water flows from upstream have inundated large areas of eastern Bangladesh threatening life, causing untold chaos and profound concern, and seemingly heralding what to many may seem like the world is ending. Millions of people...

Resetting economy an uphill task

Asjadul Kibria | 2024-08-25 00:00:00

After the fall of Sheikh Hasina's brutal autocratic regime on August 5, thanks to student-people's mass upspring and scarifies of hundreds of lives, the country has entered an unchartered territory. The details of the economic damage done by the ousted...

Expeditious mobilisation of relief for the flood-hit imperative

2024-08-25 00:00:00

Millions across many districts have been severely affected by the devastating floods. The response to help those in need this time around has a different dimension. First, there is overwhelming anger and general perception that a neighbouring country intentionally opened...

Former MP Galib sued over murder in Ishwardi

2024-08-24 00:00:00

ISHWARDI, Aug 24(BSS): A case was filed against former MP Galibur Rahman Sherif and 71 Awami League leaders and activists with Iswardi thana over Jubu Dal activist Nazrul Islam murder on Thursday.Officer-in-charge of Ishwardi Thana Monirul Islam said Nazrul Islam...

BCL leader Pallab held at Benapole

2024-08-24 00:00:00

JASHORE, Aug 23 (BSS): General Secretary of Jashore district unit of Bangladesh Chhatra League Tanjib Nowshad Pallab was held at Benapole check post on Friday while trying to go to India.He is a son of Jashore Zila Parishad Chairman Saifuzzaman...

Case filed against two former MPs in Thakurgaon

2024-08-24 00:00:00

THAKURGAON, August 23 (UNB): A case has been filed against 77 individuals, including former Water Resources Minister and ex-MP of Thakurgaon-1 constituency, Ramesh Chandra Sen, former reserved MP Draupadi Devi Agarwala, and former Mayor Anjuman Ara Begum Bannya, in connection...

40 BNP activists injured as bus overturns in Sitakunda

2024-08-24 00:00:00

CHATTOGRAM, Aug 23 (UNB): At least 40 activists of BNP were injured in a road accident on the Dhaka-Chittagong highway in Chattogram's Sitakunda upazila on Friday.This accident occurred at the Royal Gate area of Kumira in the upazila at 4:00...

Workers and employees of Mahmud Jeans Limited, demanding arrears

2024-08-24 00:00:00

Workers and employees of Mahmud Jeans Limited, demanding arrears, demonstrated at Chandra in Kaliakoir, Gazipur on Friday. — Focus Bangla