BSEC lifts price floors from most shares, minimum price to remain for 35
The Bangladesh Securities and Exchange Commission, or BSEC, has scrapped the minimum fixed price or floor prices on shares in stock markets after one and a half years. All stocks, except those of 35 companies, will no longer have a minimum price from Sunday. Of these, 357 no longer have a floor price. No special instructions have been given regarding the circuit breaker share prices for these companies, so the maximum limit will remain 10 percent. However, no clear explanation was given for why minimum prices were maintained for 35 companies.
Source:bd News24
January 18, 2024 22:51 UTC
EU sends information request to 17 tech firms including Amazon, Apple, Meta
The EU asked the companies to provide more information by February 9 on measures they have taken to give researchers access to data that could be relevant to the upcoming EU and national elections as well as countering illegal content and goods sold online. The DSA came into force in November last year and requires very large online platforms and search engines to do more to tackle illegal content and risks to public security. The Commission opened its first probe under the DSA in December 2023 into social media company X over suspected breaches of its obligations.
Source:bd News24
January 18, 2024 22:51 UTC
Winter weather, Red Sea disruption cause congestion: Maersk
Weather-related disruption at ports in northern Europe and the diversion of vessels away from the Red Sea are causing congestion at container terminals, AP Moller-Maersk said in an update to customers on Thursday. Maersk and other shipping groups have diverted vessels away from the Red Sea and the Gulf of Aden following attacks by Yemen's Houthis, sending them on a long journey around Africa rather than through the Suez Canal shortcut. In northern Europe, winter storms and the effects of the recent holiday season have led to terminal closures and navigation stoppages, the company said.
Source:bd News24
January 18, 2024 22:50 UTC
Rice price: State Minister Titu warns ‘corporates’ after hearing from traders
Wholesale traders have blamed large mill owners and corporate companies for the sudden rise in rice prices, and have asked the government to open up import opportunities. The government gave facilities to large companies in the hope of getting lower rice prices but this has not panned out, said State Minister for Commerce Ahsanul Islam Titu after hearing comments from traders. After hearing the traders’ concerns, the state minister for commerce said, “We protected the mills and factories because we wanted them to proliferate. But now they are starting to take advantage of us.”“We gave them incentives so they could supply us with rice at affordable prices. Otherwise they won’t.”If there is any attempt to wrest control of the market, the government will take action, Titu said.
Source:bd News24
January 18, 2024 22:50 UTC
Google’s CEO Says There Will Be More Layoffs
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Source:Daily Sun
January 18, 2024 22:50 UTC
Nsue hat-trick earns Equatorial Guinea handsome win over Guinea Bissau
Veteran striker Emilio Nsue grabbed a hat-trick as Equatorial Guinea beat Guinea Bissau 4-2 on Thursday to put themselves in a strong position to qualify for the Africa Cup of Nations last-16 in the Ivory Coast. Nsue opened the scoring in the 21st minute and added two more in the second half with Josete Miranda also on target in the Group A encounter. Guinea Bissau's goals -- their first in eight matches at the finals since 2017 -- came from an own goal from Esteban Orozco and a stoppage-time consolation effort from Ze Turbo. Host Ivory Coast and Nigeria were meeting later on Thursday in the second Group A game at the Alhassan Ouattara Stadium.
Source:bd News24
January 18, 2024 22:46 UTC
Bangladesh records 29 hospitalisations from dengue, another death in a day
Bangladesh has registered 29 new hospitalisations and another death in a 24-hour tally to Thursday morning. Of the patients newly hospitalised with the disease, nine cases were in Dhaka, while 20 were outside the capital. The one death was recorded outside the capital. Currently, 149 patients are hospitalised with dengue. Of them, 59 are in Dhaka and 90 are outside the capital.
Source:bd News24
January 18, 2024 22:42 UTC
Salvage operation continues a day after ferry sinks in Paturia
Search and rescue efforts have rolled into the second day after a ferry carrying several vehicles sank in the Padma River near Manikganj's Paturia terminal. The operation resumed around noon on Thursday, according to Abdul Salam, a senior official at the Bangladesh Inland Water Transport Authority's Paturia office. The vessel capsized near terminal No. 5 in Paturia with nine trucks on board around 8 am on Wednesday. The ferry's second driver, 39-year-old Humayun Kabir, was reported missing afterwards.
Source:bd News24
January 18, 2024 22:40 UTC
Elephant herd on month-long rampage in the hills of Bandarban's Rajbila
U She Thowai Marma, Bandarban Correspondent, bdnews24.comA herd of 11 elephants has been roaming the hills of Bandarban Sadar Upazila for over a month, damaging land, gardens, and crops, leaving residents in constant fear. According to the forest department and hill residents, a herd of large and small elephants entered some villages of Rajbila Union in the Upazila in mid-December. Attempts to drive them away using bursting crackers and burning torches every night have proven unsuccessful. Those affected include 71 families in Jhangkapara under Rajbila Union, 50 in Taingkhali, and 67 in Block No. Despite being in the Bandarban district, Rajbila Union is administratively part of the Kaptai Forest Division in Rangamati district for geographical reasons.
Source:bd News24
January 18, 2024 22:40 UTC
Winter rain raises woes of people hit by bitter cold
There'll be no comfort until the rain and cold decrease," he said. At Benapole Land Port, Raju Ahmed, a leader among the handling workers, said they could not proceed with loading and unloading because of the rain on top of the cold and dense fog. Port worker Abdus Selim said it had grown difficult to go out, and those who did leave home could not work properly. Handling worker Rabiul Islam said the sun came out in the afternoon but failed to drive away the cold amid a chilly wind from the north. The extreme cold has disrupted exports and imports, said Azim Uddin Gazi, general secretary of Benapole Transport Agency Owners' Association.
Source:bd News24
January 18, 2024 22:40 UTC
BNP leader Amir Khosru gets bail in four more cases
BNP Standing Committee member Amir Khosru Mahmud Chowdhury has received bail in four cases of sabotage filed at Dhaka’s Ramna and Paltan Model police stations. On Thursday, Dhaka's Additional Chief Metropolitan Magistrate Tofazzal Hossain granted him bail on a bond of Tk 10,000 until police submit their investigation reports in the cases. “Amir Khosru has received bail in four of the eight cases filed at two separate police stations,” said Syed Zainul Abedin Mezbah, who represented the BNP leader in court. “Hearings were not held in the four other cases due to the absence of case files. Hopefully, the case files will arrive at the relevant court and he will receive bail.”Amir Khosru was brought to court from the Keraniganj prison around 1:30 pm for the hearing.
Source:bd News24
January 18, 2024 22:40 UTC
Foreign Minister Mahmud heads to Delhi on Feb 7
Foreign Minister Hasan Mahmud will fly to India for his first bilateral visit. The new foreign minister will depart for New Delhi on Feb 7. “I am going to New Delhi on Feb 7 at the invitation of Indian Minister for External Affairs S Jaishankar,” Mahmud told the media on Thursday. Mahmud, who served as the minister for information in the previous cabinet, took charge of the foreign ministry after the 12th parliamentary polls.
Source:bd News24
January 18, 2024 22:40 UTC
Escalating violence in the Middle East isn’t raising gas prices, yet: Track changes in gas prices in Nebraska
Not that long ago, the closure of one of the world’s most important trade routes would have pushed households’ energy and fuel bills sharply higher. So why, then, in the midst of a crisis in the Red Sea, with tankers of oil and liquefied natural gas (LNG) forced to take much longer routes to their destinations, have energy prices barely reacted — or even declined — over the past few weeks? Now, however, analysts say economic factors — weaker demand in countries such as China and Germany, ample oil and gas supply — are superseding concerns about violence in the Middle East. Here is some recent gas price data for Nebraska. Gas prices: Track changes in Nebraska
Source:Daily Sun
January 18, 2024 22:38 UTC
Metro rail extends operating hours on Uttara-Motijheel route
The Dhaka metro rail will extend its operating hours on the Uttara to Motijheel route from Jan 20. Under the new timetable, trains will run from 7:10am to 8:40pm, MAN Siddique, managing director of Dhaka Mass Transit Company Limited (DMTCL), said on Thursday.
Source:bd News24
January 18, 2024 22:30 UTC
Russia keen to export more wheat to Bangladesh
Russian Ambassador to Bangladesh Alexander V Mantytskiy has emphasised his country's interest in increasing wheat exports to Bangladesh during a meeting with Food Minister Sadhan Chandra Majumder. Mantytskiy paid a courtesy visit to Majumder at his office in the Secretariat on Thursday, congratulating him on his second term as the head of the food ministry. The discussion also focused on Bangladesh's economic development and the prospects for expanding bilateral trade, according to a ministry official.
Source:bd News24
January 18, 2024 21:10 UTC