FE Today Logo

Search results for:


Sheikh Mani's birth anniv today

FE DESK | 2023-12-04 00:00:00

The 85th birth anniversary of Awami Juba League founding chairman Sheikh Fazlul Haque Mani will be observed today (Monday). Sheikh Mani was the nephew of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and the founder of Mujib Bahini, one...

Readymade garment workers stage demonstration

2023-12-04 00:00:00

Readymade garment workers stage a demonstration in front of the Sromo Bhaban on Bijoy Nagar Road at Purana Paltan in the city on Saturday, demanding immediate payment of their outstanding wages — FE photo

EC directs ROs to uphold impartiality in JS polls

2023-12-04 00:00:00

The Election Commission (EC) has directed the returning officers (ROs) to take a number of steps for upholding the commission's neutrality, report agencies. The steps include protection of impartiality in election from any quarter's influence and interference as well as...

Mirza Fakhrul seeks HC bail

FE REPORT | 2023-12-04 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir has sought bail from the High Court in connection with a case filed over the attack on the residence of the Chief Justice in Kakrail during BNP-police clash on October 28. He filed...

BNP's boycott won't undermine credibility of elections: Quader

2023-12-04 00:00:00

Awami League (AL) has yet to decide the fate of the defectors who intend to contest the upcoming elections as independent candidates, said General Secretary Obaidul Quader, reports bdnews24.com.The AL leaders came up with the remarks while speaking at a...

Belarusian leader to meet Xi

2023-12-04 00:00:00

MOSCOW, Dec 03 (AFP): Belarusian President Alexander Lukashenko, a staunch ally of Moscow, is visiting China Sunday and Monday to meet his counterpart Xi Jinping, the Belarusian presidency said.On Monday, he will hold talks with Xi on issues including "trade,...

Dubai's skyline obscured by blanket of smog

2023-12-04 00:00:00

DUBAI, Dec 03 (AFP): Dubai's glitzy skyline was obscured by a blanket of smog rated as "unhealthy" on Sunday as thousands of delegates attended a COP28 conference dedicated to the harmful effects of air pollution.The air quality index reached 155...

Winter weather cuts power to thousands in Seattle

2023-12-04 00:00:00

SEATTLE, Dec 03 (AP): Winter weather brought high winds and snow to parts of the Pacific Northwest, knocking out power in some areas and dumping fresh snow across the Cascade Range.Thousands of households were without power Saturday morning in the...

Indonesia volcano erupts, spews ash 3 km into sky

2023-12-04 00:00:00

PADANG, Dec 03 (AFP): A volcano in western Indonesia erupted Sunday, belching a column of ash around three kilometres into the sky, officials said.Ash from Mount Marapi on the island of Sumatra was observed 3,000 metres (9,842 feet) above its...

Tesla's Cybertruck feels like an SUV; price, lower driving range upset some

2023-12-04 00:00:00

Tesla's (TSLA.O) pricier-than-expected Cybertruck pickup, which offers driving ranges that fell well short of what CEO Elon Musk had promised, has deeply disappointed some but fascinated others with its futuristic, SUV-like feel, reports Reuters. The Cybertruck, two years behind schedule,...

Exclusive: Boeing eliminated from US Air Force's 'Doomsday Plane' competition

2023-12-04 00:00:00

WASHINGTON, Dec 1 (Reuters): The U.S. Air Force has eliminated Boeing (BA.N) from its competition to develop a successor to the E-4B Nightwatch, Boeing confirmed on Friday, shaking up the battle to build the next version of the aircraft known...

Mutual Trust Bank PLC organised open loan distribution programme

2023-12-04 00:00:00

Mutual Trust Bank PLC (MTB) organised an open loan distribution programme at Hatibandha, Lalmonirhat to promote maize production in Bangladesh to reduce import dependency. Some 778 maize farmers received loan at a 4 per cent interest rate under the refinance...

Modhumoti Bank handed over a cheque of Tk. 120 million to Bangladesh Red Crescent Society

2023-12-04 00:00:00

Modhumoti Bank Limited handed over a cheque of Tk. 120 million to the Bangladesh Red Crescent Society, Dhaka city unit in their 51st Annual General Meeting held on Saturday at Holy Family Red Crescent Medical College Auditorium, Dhaka under the...

IPDC sees bonds as better alternative to short-term deposits as rate rises

FE REPORT | 2023-12-04 00:00:00

IPDC Finance has planned to raise Tk 3 billion by issuing mortgaged-backed zero coupon bonds to avoid interest rate risk. "As the interest rate has been rising, depositors keep money [with banks or non-bank financial institutions] for a short-term --...

Walmart won’t advertise on social platform X

2023-12-04 00:00:00

Walmart said on Friday it is not advertising on social media platform X, one of the latest brands to say it has dropped the Elon Musk-owned site, reports Reuters."We aren't advertising on X as we've found other platforms to better...

Toyota halts some Tianjin operations

2023-12-04 00:00:00

SHENZHEN, China, Dec 3 (Reuters): Toyota Motor has halted production on some ageing lines at a joint venture in China while operations continue as normal, the Japanese automaker said on Saturday after a media report that it was partially suspending...

Switzerland freezes $8.8b Russian assets

2023-12-04 00:00:00

BERN, Dec 3 (Reuters): Switzerland has frozen an estimated 7.7 billion Swiss francs ($8.81 billion) in financial assets belonging to Russians, the government said on Friday, under sanctions designed to punish Moscow for its invasion of Ukraine.The figure, a provisional...

UTTARA BANK OPENS 33RD SUB-BRANCH

2023-12-04 00:00:00

Mohammed Rabiul Hossain, Managing Director and CEO of Uttara Bank PLC, has virtually inaugurated the 33rd sub-branch of the bank at Kamrangirchar in Dhaka recently. Deputy Managing Directors Maksudul Hasan, Md Abul Hashem, Md Ashraf-uz-Zaman and Md Rezaul Karim were...

ORGANIC SUNFLOWER OIL LAUNCHED

2023-12-04 00:00:00

EC Organic Products Ltd. (ECOPL), a subsidiary of East Coast Group (ECG), has launched its latest product, EC Organic Fortified Sunflower Oil, at a city hotel on Sunday. This sunflower oil is a new addition to the product line of...

NRBC BANK OPENS TWO SUB-BRANCHES IN CITY

2023-12-04 00:00:00

NRBC Bank PLC has opened two new sub-branches at Siddheshwari and Kaptan Bazar in Dhaka. Chairman of the bank SM Parvez Tamal inaugurated the Kaptan Bazar sub-branch's operations on Sunday while Mohammed Adnan Imam, Director and Chairman of the bank's...

MEGHNA BANK SIGNS MOU WITH SHIP INT'L HOSPITAL

2023-12-04 00:00:00

Meghna Bank PLC signed a Memorandum of Understanding (MoU) with Ship International Hospital at the bank's Head Office in Dhaka recently. Ship International Hospital, a multi-specialised private hospital, has been working under Japanese management since the beginning. Under this agreement,...

COP28 focus on health draws $777m to fight tropical disease

2023-12-04 00:00:00

DUBAI, Dec 3 (Reuters): The United Arab Emirates and several charities at the U.N. climate summit on Sunday offered $777 million in financing for eradicating neglected tropical diseases that are expected to worsen as temperatures climb.Climate-related factors "have become one...

US touts climate leadership as oil, gas output hits record

2023-12-04 00:00:00

DUBAI, Dec 3 (Reuters): U.S. Vice President Kamala Harris sought to claim the mantle of global climate leadership for the United States on Saturday in a speech to the COP28 summit, listing a slew of initiatives to cut emissions and...

Top development banks at COP28 vow to up climate game, quiet on fossil fuels

2023-12-04 00:00:00

DUBAI, Dec 3 (Reuters): Ten of the world's top development banks pledged to step up their climate efforts at the COP28 summit, yet failed to say anything about halting financing for fossil fuel projects, a document seen by Reuters showed.In...

Chinese onion selling at low prices in Ctg

OUR CORRESPONDENT | 2023-12-04 00:00:00

CHATTOGRAM, Dec 03: The Chinese onion is replacing the Indian and Myanmar varieties of onion in the wholesale markets of Khatunganj, Asadganj and Chaktai in Chattogram. As the price of Chinese onion is lower than the Indian and Myanmar ones,...

Consortium to invest $110m for first pvt submarine cable

ISMAIL HOSSAIN | 2023-12-04 00:00:00

A consortium of three private submarine cable companies is set to invest $110 million to set up a separate submarine cable network in a boost to the country's internet connectivity.The consortium comprising Summit Communications, CdNet Communications and Metacore Subcom Ltd....

Global regulators propose tougher scrutiny of voluntary carbon markets

2023-12-04 00:00:00

LONDON, Dec 3 (Reuters): A global securities watchdog proposed 21 safety measures on Sunday to improve integrity, transparency and enforcement in voluntary carbon markets (VCMs) in a sector of growing importance to efforts to combat climate change.IOSCO, which groups market...

China to speed reform of smaller financial instts

2023-12-04 00:00:00

BEIJING, Dec 3 (Reuters): A key Chinese financial regulator said on Sunday it would accelerate reform of small and midsize financial institutions as it steps up its oversight of the sector.The National Financial Regulatory Administration (NFRA) will collaborate with the...

India to step up coking coal imports from Russia

2023-12-04 00:00:00

NEW DELHI, Dec 03 (Reuters): India will step up imports of coking coal, a key material in steel manufacturing, from Russia, as cargoes from top supplier Australia drop and steel mills struggle with rising prices, three government sources and an...

US, allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions

2023-12-04 00:00:00

WASHINGTON, Dec 3 (Reuters): The US, EU and UK are pressuring Liberia, the Marshall Islands and Panama to increase oversight of ships carrying their flags to ensure they do not transport Russian oil sold above the price cap, a source...