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Oil found in Sylhet-10 gas well

FE REPORT | 2023-12-11 00:00:00

Bangladesh has found the presence of oil deposit in Sylhet-10 onshore gas well, according to an official disclosure made Sunday. Some 70 barrels of oil flowed in two hours in a depth between 1,397 metres and 1445 metres of the...

Next expansionary budget to target inflation below 6.0pc

FE Report | 2023-12-11 00:00:00

The government would propose an expansionary economic policy in the next budget but at the same time with a target to maintain inflation below 6.0 per cent in fiscal year (FY) 2024-25, Finance Secretary Dr Khairuzzaman Mozumder said on Sunday.Higher...

Inflation, taka devaluation eroding real wealth value

JASIM UDDIN HAROON | 2023-12-11 00:00:00

Steep inflation and weakened local currency are eroding the real value of wealth as the double-pronged depletion bites into the pockets or saved funds, economists say and cite its divisive social impact. The rate of inflation (food inflation) topped over...

Dealing with children's mental health

2023-12-11 00:00:00

In today's fast-paced world, we often overlook children's mental health. Mental health has an important role to play in the life of children. We, however, are not as conscious about their mental health as we are about physical health. Sometimes,...

Work experience matters for MBA abroad

2023-12-11 00:00:00

Many business schools around the world prefer applicants with work experience. Although it is not a fixed rule, such experience is essential for two-year MBA programme abroad as it gives a better understanding of businesses. It also enhances leadership skills...

When cricket's home advantage backfires

Neil Ray | 2023-12-11 00:00:00

The friendship as delineated in the fable of a fox and a crane could not be more appropriate for the relationship between two cricket teams, one hosting the other. While the fox invited his friend crane to offer a delicacy...

Where AI needs to be regulated

Syed Fattahul Alim | 2023-12-11 00:00:00

Should Artificial Intelligence (AI) be regulated? Heated debate has been ongoing on the issue. In many cases, the fear of AI's potential for not only equalling humans in intelligence, but even surpassing them lies behind the call for regulating the...

Minimising climate variability consequences

Muhammad Zamir | 2023-12-11 00:00:00

The European Union as well as some other environmental analysts and climatologists in the UK, USA and Canada have been carefully monitoring climate change and variability as an important global phenomenon. In this context the EU analysts have noted recently...

Switching to non-carbon and renewable energy and climate financing

Mushfiqur Rahman | 2023-12-11 00:00:00

COP 28 (28th UN Climate Summit in Dubai) has been engaged in debates on various ways of Green House Gas (GHG) emission reduction in the atmosphere for decelerating the global warming and climate change. Participants (governments, financial institutes, private sector...

Barrister Mainul Hosein no more

2023-12-10 12:00:00

Barrister Mainul Hosein, former adviser to a caretaker government, passed away on Saturday. He was 83, reports UNB. Hosein, also the publisher of the daily newspaper The New Nation, breathed his last at the Evercare Hospital Dhaka around 6 pm,...

A new phase of development

NAZIMUDDIN SHYAMOL | 2023-12-10 12:00:00

The dream of the people of Chattogram has come true. The 'Bangabandhu Sheikh Mujibur Rahman Tunnel' is now a reality. The first ever tunnel of the country under the river Karnaphuli has ushered in a new era for the communication...

BD focuses on its $5.5b funding gap at COP 28

Yasir Wardad from Dubai | 2023-12-10 00:00:00

Bangladesh on Saturday officially highlighted its funding gap of US $5.5 billion for the implementation of the National Adaptation Plan (NAP) considering the climate change impact.Bangladesh Environment and Climate Change Minister Md Shahab Uddin made the pledge at the 28th...

Prayer Timings (2023-12-10)

2023-12-10 00:00:00

Iran warns of 'explosion' after US veto on Gaza war

2023-12-10 00:00:00

TEHRAN, Dec 9 (AFP) : Iran warned Saturday of the threat of an "uncontrollable explosion" of the situation in the Middle East, after the United States vetoed a UN Security Council resolution calling for a ceasefire in the Gaza war.Hossein...

Train schedule not normal yet

FE REPORT | 2023-12-10 00:00:00

The Bangladesh Railway (BR) is yet to restore schedule of all train services, including intercity, countrywide two days after the train accident.Schedule disruptions have left thousands of passengers in woes at Kamalapur station.The schedule collapsed after derailment of a commuter...

US sanctions 20 officials of some countries

2023-12-10 00:00:00

WASHINGTON, Nov 09 (AP): Ahead of the 75th anniversary of the Universal Declaration of Human Rights, the U.S. on Friday imposed sanctions on 20 people, from Afghanistan to China to Haiti to Iran, accused of violating human rights in their...

Strong policy reforms with homegrown approaches needed

FE REPORT | 2023-12-10 00:00:00

Speakers at discussions on Saturday said there should be strong and vigorous policy reforms with homegrown approaches to counter new challenges the country's economy following national elections.They said the government must focus on immediate problems in the economy, including taming...

IPL, the owning company of The Financial Express, holds 24th AGM

2023-12-10 00:00:00

The 24th Annual General Meeting (AGM) of the International Publications Ltd (IPL), the owning company of The Financial Express (FE), was held in its board room on Saturday. Mr Mahbubur Rahman, Chairman, IPL Board of Directors, presided over the meeting....

Begum Rokeya's dream materialised: PM

2023-12-10 00:00:00

Prime Minister Sheikh Hasina said on Saturday her government had taken every possible measure to empower women in every sector and ensure their rights, adding, "Bangladesh has been able to materialise the dream of Begum Rokeya", reports BSS."The womenfolk don't...

Anniversary Supplement (2023-12-10)

2023-12-10 00:00:00

Gas output plummets to decade-low

M AZIZUR RAHMAN | 2023-12-10 00:00:00

Domestic natural gas production has plummeted to a decade-low amid continuous depletion of output and lax move to ramp up extraction, with domino effect of the fuel shortage, said sources.Production in Industries slow, many gas-fired power plants have shut and...

BD fails to leverage shift in global trade

FE REPORT | 2023-12-10 00:00:00

Bangladesh has not been able to leverage the ongoing global trade and investment diversion, which resulted from attendant geopolitics and conflicts, owing to its inadequate preparations and capabilities, a noted economist said Saturday."Bangladesh hasn't gained much because it's ill-prepared for...

Onion sells at Tk 240 a kg on India’s export ban

FE REPORT | 2023-12-10 00:00:00

A sudden hike in the price of onion in the local market has puzzled the consumers who are already struggling with unbridled prices of key essential commodities.The prices of local and imported onion almost doubled on Saturday on the news...

Weather (2023-12-10)

2023-12-10 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Sunday), according to the Met Office. Light to moderate fog may occur over the country during late night to...

Int'l Human Rights Day today

2023-12-10 00:00:00

The International Human Rights Day will be observed in the country today (Sunday) as elsewhere across the globe, reports UNB.The theme of this year's day is "Freedom, Equality and Justice for All".Different organisations and political parties have chalked out elaborate...

Locals living near Buriganga embark on recycling projects

2023-12-10 00:00:00

A visit to the banks of the Buriganga River offers a stark glimpse into the plastic pollution crisis in Bangladesh. Here, plastic waste often overshadows the presence of water, a troubling symbol of the environmental challenges the nation faces, reports...

President calls for vigilant anti-corruption efforts to foster dev

2023-12-10 00:00:00

President Mohammed Shahabuddin emphasised the importance of the Anti-Corruption Commission's (ACC) role in ensuring the protection of innocent individuals from wrongful actions or decisions, reports UNB. He made the remarks during a discussion at Bangladesh Shilpakala Academy in the city...

Level playing field essential for credible polls

2023-12-10 00:00:00

Amar Bangladesh Party (AB Party) has said level playing field is essential for credible polls, reports UNB.The leaders of the party told this when they met with the 'European Union election expert mission to Bangladesh' in Dhaka on Saturday.AB Party...

BNP’s human chains today to highlight HR violations in Bangladesh: Rizvi

2023-12-10 00:00:00

BNP has taken preparations to form human chains across the country, including in the capital, today (Dec 10), together with the family members of victims of enforced disappearance and political killings, marking the international Human Rights Day, reports UNB.BNP Senior...

Obaidul Quader speaking at a press conference --

2023-12-10 00:00:00

Awami League General Secretary Obaidul Quader speaking at a press conference at the party president's political office at Dhanmondi in the city on Saturday — Focus Bangla