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US postpones Asia trade deal rollout after domestic fire

2023-11-15 00:00:00

SAN FRANCISCO, Nov 14 (AFP): President Joe Biden's administration signaled Monday it would postpone a draft of an Asia trade pact that had been set to be unveiled at a summit in San Francisco, after facing domestic criticism.Biden, welcoming 20...

1962 Ferrari auctioned for $51.7m in New York

2023-11-15 00:00:00

NEW YORK, Nov 14 (AFP): A 1962 Ferrari 250 GTO sports car sold for $51.7 million in New York on Monday, making it the second most expensive car ever sold at auction, Sotheby's said.The bright red roadster had been the...

Euro zone Q3 GDP shrinks, but employment rises

2023-11-15 00:00:00

BRUSSELS, Nov 14 (Reuters): The euro zone economy contracted marginally quarter-on-quarter in the third quarter, a new estimate confirmed on Tuesday underlining expectations of a technical recession if the fourth quarter turns out equally weak, but employment still rose.The European...

Journalist and researcher Nazrul Islam Bashir hands over a rare document

2023-11-15 00:00:00

Journalist and researcher Nazrul Islam Bashir hands over a rare document related to Bangabandhu and the then Alpha Insurance Company to Sadharan Bima Corporation Chairman Dulal Krishna Saha and Managing Director Md Harun-ur-Rashid at a function at the Bangabandhu Corner...

A meeting of the Asset-Liability Management Committee of Janata Bank PLC held

2023-11-15 00:00:00

A meeting of the Asset-Liability Management Committee of Janata Bank PLC was held recently. Managing Director and CEO of the bank Md Abdul Jabbar presided over the meeting.

IDCOL-financed rooftop solar project inaugurated

2023-11-15 00:00:00

Infrastructure Development Company Limited (IDCOL), the leading entity in private sector renewable energy and infrastructure financing in Bangladesh, financed a 3.3 MWp rooftop solar project of Walton Hi-Tech Industries PLC. The project was inaugurated at the Walton's cutting-edge manufacturing plant...

Islami Bank rolls out DNCC Smart Parking Card

2023-11-15 00:00:00

Islami Bank Bangladesh PLC introduced a new prepaid card -- DNCC Smart Parking Card -- designed specifically for paying the 'Smart on Street Parking' service fees of the Dhaka North City Corporation (DNCC), says a press release. The DNCC initiated...

Roche, Radiant sign agreement

2023-11-15 00:00:00

F. Hoffmann-La Roche, Switzerland, a globally leading research-based innovative pharmaceutical company, and Radiant Pharmaceuticals Limited, one of the top-ten manufacturers of pharmaceutical products in Bangladesh and a leading importer of specialized life-saving medicines, have signed a "Co-promotion" agreement to bring...

Businesses urge BB to play due role to solve dollar crisis

FE REPORT | 2023-11-15 00:00:00

Businesses on Tuesday urged the central bank to play a proactive role to solve the persisting dollar crisis and help contain the stubbornly high inflation.They also called upon the political parties to avoid all kinds of violent activities for the...

IEA raises oil demand growth forecasts

2023-11-15 00:00:00

LONDON, Nov 14 (Reuters): The International Energy Agency (IEA) on Tuesday raised its oil demand growth forecasts for this year and next despite slower economic growth in nearly all major economies, although its 2024 outlook remains much lower than that...

Food price inflation to ease next yr: Rabobank

2023-11-15 00:00:00

LONDON, Nov 14 (Reuters): Consumers can expect some relief from food inflation next year, with the price of key staples such as sugar, coffee, corn and soybeans set to ease as supplies adjust higher in response to three years of...

The foundation stone for KGDCL Gas Distribution Network Upgradation Project laid

2023-11-15 00:00:00

The foundation stone for KGDCL Gas Distribution Network Upgradation Project was laid and the work for gas pipeline installation in Mirsarai Economic Zone was inaugurated on Tuesday. Prime Minister Sheikh Hasina inaugurated the project work and the gas pipeline installation...

Two killed as covered van rams into two vehicles in Ctg

2023-11-15 00:00:00

CHATTOGRAM, Nov 14 (UNB): Two people were killed and at least four others injured as a covered van crashed into a stationary mini truck and an auto-rickshaw in the Sufia Road area of Mirsarai upazila in Chattogram on Tuesday morning.The...

Woman's hanging body recovered in Natore

2023-11-15 00:00:00

NATORE, Nov 14 (UNB): Police recovered the body of a woman, hanging from the ceiling of her home, in the Jangli area of Natore Sadar upazila on Tuesday morning.The deceased was identified as Salma Begum, 30, wife of Saiful, and...

Japanese envoy calls on RU VC

2023-11-15 00:00:00

RAJSHAHI, Nov 14 (BSS): Japanese Ambassador in Bangladesh Wama Kiminori on Tuesday called on Vice-chancellor (VC) of Rajshahi University (RU) Professor Golam Sabbir Sattar at the latter's office here.During the meeting, they exchanged views related to bilateral and mutual interests...

Construction work drags on even after three years of timeframe

OUR CORRESPONDENT | 2023-11-15 00:00:00

CHANDPUR, Nov 14: Several hundred people of riverine Haimchar Upazila have been suffering acutely as the construction work of the new four-storey building of Haimchar Upazila Health Complex is yet to be completed, even three years after the stipulated timeframe.Haimchar...

US expects specific results from Biden, Xi meeting

2023-11-15 00:00:00

WASHINGTON, Nov 14 (TASS): The United States expects specific results from the meeting between President Joe Biden and President of China Xi Jinping, National Security Advisor Jake Sullivan said at the briefing."We're also looking for specific outcomes from the meeting...

Delhi plans artificial rain to rein in air pollution

2023-11-15 00:00:00

NEW DELHI, Nov 14 (BBC): Could the answer to Delhi's pollution problem lie in the clouds? Last week, as the Indian capital battled days of toxic air, the city's environment minister said that his government was considering cloud seeding -...

Malaysia commutes death penalty, life terms of 11 drug convicts

2023-11-15 00:00:00

KUALA LUMPUR, Nov 14 (Reuters): Malaysia's top court on Tuesday commuted the death sentences and natural-life prison terms of 11 people convicted of drug trafficking, including two Thai nationals, following capital punishment reforms passed earlier this year, state news agency...

World ‘off track to limit’ planet-heating emissions

2023-11-15 00:00:00

PARIS, Nov 14 (AFP): The world is "failing to get a grip" on climate change, the UN warned Tuesday, as an assessment of current climate pledges shows only minor progress on reducing emissions this decade.In a report released just weeks...

Hamas to free 70 women, children in exchange for a five-day truce

2023-11-15 00:00:00

GAZA, Nov 14 (Reuters/AFP/AP): Israeli tanks advanced on Monday to the gates of Gaza City's main hospital, a chief target in Israel's battle against Hamas, as US President Joe Biden said hospitals must be protected and he hoped for less...

An ode to the night owls

ANINDETA CHOWDHURY | 2023-11-15 00:00:00

In a box of 24 hours, people tend to like one part more than the other. For some people, it's the morning sunshine when they can start their active day. Some love the shadowing vibe of the afternoon, and some...

Struggles of newly married couples

ASMA-UL-HUSNA | 2023-11-15 00:00:00

Setting out on the path of marriage marks a significant milestone. Sharing your life with someone, creating a home, and nurturing a family is exciting and heartwarming. However, this beautiful phase often comes with its own challenges, especially when managing...

Drinking history over a meal

AHNAF MD. SHAFEE RAHMAN | 2023-11-15 00:00:00

Apart from 'Kolkata Kacchi' or 'Shomsher Alir Khichuri' in Old Dhaka, did you hear the name 'Qazi Bari Heritage Estate'? Well, if you haven't yet, this is your opportunity to visit a home carrying 200 years of history with Mughal,...

Take measures against adulterated pesticides

2023-11-15 00:00:00

Insecticides are mostly imported from abroad. Those materials come in big containers and are commercially re-packed in the country. During this process, some of these pesticides are adulterated with sub-standard materials so that a section of businessmen can increase their...

Meet RMG workers' demand

2023-11-15 00:00:00

Bangladesh's economy remains heavily dependent on the ready-made garments industry (RMG) for jobs in manufacturing, foreign reserves and empowering women. The industry contributes a major portion to the country's GDP. More than 4,600 RMG factories in our country represent its...

Consumers get no benefit from import tax cut

Syed Mansur Hashim | 2023-11-15 00:00:00

The premise on which import taxes were cut on a host of essential items in a bid to lower prices in kitchen markets in Bangladesh has essentially backfired. In the process, the national board of revenue (NBR) has lost earnings...

Agro-food processing still not a priority!

Wasi Ahmed | 2023-11-15 00:00:00

The agro-food processing in the country is way behind its potential. The sector's below par performance is often attributed to factors that are largely reliant on government's efforts. Declaring it a thrust sector by the government hasn't worked to stimulate...

Weighing efficacy of tax cuts to arrest price hike

2023-11-15 00:00:00

All the measures taken so far by the government to check unrestrained price inflation of essential commodities have come to a naught, thanks to the manipulative power of a section of market players. For instance, the government tried to fix...

Business data & analytics for sustainable financing

Sanjoy Pal | 2023-11-15 00:00:00

Bank financing to business firms occupies the largest portion of total lending portfolio in Bangladesh. Non-Banking Financial Institutions (NBFIs) come next. The analysis of financing viability by financial institution at times seems to be ambiguous due to lack of industry-specific...