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Zaved Akhtar new FICCI president

FE REPORT | 2023-12-08 00:00:00

Zaved Akhtar, Chairman and Managing Director of Unilever Bangladesh Limited, has been elected President of Foreign Investors' Chamber of Commerce and Industry (FICCI) for the tenure of 2024-2025. Eric. M. Walker, Managing Director of Chevron Bangladesh, and Yasir Azman, Chief...

Apparel export to US plummets

FE REPORT | 2023-12-08 00:00:00

Apparel export to the United States, Bangladesh's single-largest market, dives with the January-October earnings having posted a 24.75-percent negative growth year on year to $6.35 billion year on year. The downturn in export of the country's main exportable to the...

Outlay Tk 8.05t, 6.75pc GDP growth Govt cuts

FE REPORT | 2023-12-08 00:00:00

The government downsizes the gross domestic product (GDP) growth for the current fiscal to 6.5 per cent from the projected growth of 7.5 per cent in keeping with both internal and external challenges the economy faces now, officials said.At the...

Challenges remain over possible post-polls bans

FE REPORT | 2023-12-08 00:00:00

Former central bank Governor Dr Salehuddin Ahmed on Thursday said there are 'challenge, uncertainty and fear' for Bangladesh's economy if any further sanctions are imposed by the western countries following the upcoming national election."The national economy is now facing challenges...

Rain disrupts normal life, routine

FE REPORT | 2023-12-08 00:00:00

Continuous rain influenced by cyclonic storm Michaung disrupted normal life and routine activities in Dhaka and other parts of the country on Thursday.Office-goers and individuals returning from work faced difficulties due to the continuous day-long downpour. Those most affected were...

Ill-automated tax payment fraught with risk of fraudulence

DOULOT AKTER MALA | 2023-12-08 00:00:00

Apparently ill-automated tax-payment system is found fraught with risk of revenue fraudulence as land-revenue offices and some bank branches deplore missing features of the mechanism, sources say. The revenue board has made mandatory provision for government tax payment through automated...

Suarez fires farewell double to end Brazilian adventure

2023-12-08 00:00:00

RIO DE JANEIRO, Dec 07 (AFP): Luis Suarez scored twice in his farewell match for Gremio as the Brazilian side defeated Fluminense 3-2 at the Maracana Stadium in Rio de Janeiro on Wednesday.The 36-year-old Uruguayan football icon, who has been...

Villa beat Man City to go third, Liverpool close in on Arsenal

2023-12-08 00:00:00

LONDON, Dec 07 (AFP): Aston Villa beat champions Manchester City on Wednesday to extend their remarkable winning run at home as Liverpool closed to within two points of leaders Arsenal with victory at Sheffield United.Elsewhere, Scott McTominay scored twice as...

Italy's anti-doping tribunal chases four-year ban for Pogba

2023-12-08 00:00:00

ROME, Dec 07 (AFP): France's World Cup winner Paul Pogba is facing the possibility of a lengthy ban after Italy's national anti-doping tribunal called for a four-year suspension for the Juventus midfielder, a club source told AFP on Thursday.Pogba, 30,...

ICC unveils logo for ICC Men's, Women's T20 World Cup 2024

2023-12-08 00:00:00

International Cricket Council (ICC) has unveiled the logo for the upcoming T20 World Cup in Men's and Women's cricket next year, according to Indian news-based television channel India Tv News.While the men's event is set to take place from June...

Nahida, Fargana nominated for ICC player of the month

2023-12-08 00:00:00

NEW DELHI, Dec 07 (IANS) Bangladesh duo of Nahida Akter and Fargana Hoque, along with Pakistan left-arm spinner Sadia Iqbal have been nominated for ICC Women's Player of the Month award for November 2023.Nahida is named on the shortlist for...

Rain washes out 2nd day of BD-NZ Test

2023-12-08 00:00:00

Rain washed out the second day of play without a ball being bowled Thursday in the second Test between Bangladesh and New Zealand at the Sher-e-Bangla National Stadium in Dhaka, reports AFP.Match officials called an end to the day at...

Full-swing Aman harvesting underway in Panchagarh

2023-12-08 00:00:00

PANCHAGARH, Dec 07 (BSS): Aman paddy harvesting is going on in full swing in the district as farmers started Aman harvesting on their respective land with much enthusiasm.The farmers are happy with production and fair price of Aman paddy as...

Woman dies in DB custody in Narsingdi

2023-12-08 00:00:00

NARSINGDI, Dec 07 (UNB): A woman died in the custody of the Detective Branch (DB) of Police in Narsingdi on Thursday.Nurtaj Begum, 60, wife of late Peer Hossain, a resident of South Kanda Para area of the district, died around...

Road accidents kill five in dists

2023-12-08 00:00:00

A total of five persons were killed in separate road accidents on the Dhaka-Aricha highway and Cox's Bazar district on Thursday, report agencies.In Saver, at least three people have died in separate road accidents on the Dhaka-Aricha highway.Two others were...

Rajshahi youth's companion planting a trailblazing success

OUR CORRESPONDENT | 2023-12-08 00:00:00

RAJSHAHI, Dec 07: Asif Iqbal, a resident of Biharipara village in Puthia upazila of Rajshahi district, has achieved an overwhelming success by the way of companion planting (crops sown with other crops) in mango orchards. He quitted a high-paying job...

Pak court rejects Imran's request to withdraw appeal

2023-12-08 00:00:00

ISLAMABAD, Dec 07 (Reuters): An Islamabad court on Wednesday rejected former Pakistani Prime Minister Imran Khan's request to withdraw a key appeal so he could move it to a different court in the city of Lahore, his lawyer said, a...

News in Brief -2023-12-08)

2023-12-08 00:00:00

Russian presidential vote on Mar 17MOSCOW, Dec 07: Russian lawmakers on Thursday set the date of the country's 2024 presidential election for March 17, moving Vladimir Putin a step closer to a fifth term in office. Members of the Federation...

Heavy rains from cyclone plays havoc in Chennai

2023-12-08 00:00:00

CHENNAI, Dec 07 (BBC): A cyclone which barrelled through India's southern coast earlier this week has left Chennai city flooded and struggling to return to normal.Authorities are trying to clear rainwater from homes and streets in the city's suburbs. Some...

Israel-Hamas battles rage in S Gaza

2023-12-08 00:00:00

GAZA STRIP, Dec 07 (AFP/AP): Israeli forces battled Hamas militants in Gaza's main southern city on Wednesday, as the UN warned a complete breakdown in public order was imminent after nearly two months of war sparked by deadly attacks on...

Two US shootings leave 10 dead

2023-12-08 00:00:00

LAS VEGAS, Dec 07 (Reuters/BBC): A lone shooter opened fire on the main campus of the University of Nevada, Las Vegas, on Wednesday, killing three people and wounding a fourth before the suspect was shot dead by police, authorities said...

Help weavers survive

2023-12-08 00:00:00

Bangladesh has a rich history of weaving. The weavers of Bengal have been mentioned in the travel stories of the 7th century Chinese traveller Hiuen Tsang and13th century Moroccan traveller Ibn Battuta. Handloom weaving occupied a special place as a...

Stop sexual harassment at educational institutions

2023-12-08 00:00:00

Sexual harassment against female at educational institutions has become a common phenomenon in recent years, with reports coming in from around the country. This indicates a dangerous upward trend that has become a serious cause for concern for all of...

The enigma of lending cap

Zahid Huq | 2023-12-08 00:00:00

The other day a leading and vocal economist, while taking part in a discussion held recently with the members of the Newspaper Owners Association of Bangladesh (NOAB), blamed the 'noy-chhoi' (9-6) rates of interest for destabilising the country's banking sector....

Wind power: Next big leap to energy security

2023-12-08 00:00:00

Wind power, with its immense potential for generating renewable energy, has recently emerged as a viable option for Bangladesh courtesy of a major offshore project. This ambitious initiative that came up at the COP28 is a collaborative effort between prominent...

India's Ola Electric slashes sales targets ahead of planned IPO -document, sources

2023-12-07 00:00:00

MUMBAI, Dec 6 (Reuters) - India's Ola Electric has slashed its sales goals for 2023-2025 by more than half and delayed its target of achieving profits by a year, after reduced government incentives pushed up e-scooter prices, according to a...

BAT writes down $31.5 billion from value of US cigarette brands

2023-12-07 00:00:00

LONDON, Dec 6 (Reuters) : British American Tobacco (BATS.L) said it would take a hit of around $31.5 billion as it writes down the value of some U.S. cigarette brands, acknowledging on Wednesday that its traditional market has no long...

Airlines see stable profits, record number of travellers in 2024

2023-12-07 00:00:00

GENEVA, Dec 6 (Reuters): Airline profits are set to stabilise in 2024 as continued growth in post-pandemic travel is offset by the high cost of capital and capacity constraints, industry group IATA said on Wednesday.The global airline sector has largely...

S Arabia looks to drive agri sector growth

2023-12-07 00:00:00

RIYADH, Dec 6 (Arab News): Several initiatives are underway in Saudi Arabia by the Ministry of Environment, Water, and Agriculture to drive the growth of the agricultural sector and bolster its contribution to the gross domestic product through strategic training...

Gold prices firm on yields weakness

2023-12-07 00:00:00

Gold prices inched higher on Wednesday buoyed by lower bond yields, while investors awaited for a crucial US employment report that could set the tone for Federal Reserve's policy meeting next week, reports Reuters.Spot gold rose 0.2 per cent to...