JAKARTA, Dec 2 (Reuters): Indonesia's annual inflation eased to 1.55 per cent in November, official data showed on Monday, for the slowest rate since July 2021 amid lower prices of some food items.November's reading eased from 1.71 per cent in...
Southeast Bank recently organised a workshop titled 'Transitioning to ISO 20022 & Awareness on SWIFT Security' at its training institute with the participation of 55 officials from the bank's different branches and divisional head offices. Guest facilitators, Md. Abul Bashar,...
FE REPORT | 2024-12-03 00:00:00
The Dhaka Stock Exchange (DSE) downgraded Emerald Oil Industries to 'Z' category from 'A' category, effective from today (Tuesday), as its production has remained suspended since January this year.According to a recent directive of the Bangladesh Securities and Exchange Commission,...
Bank Asia signed an agreement with ShareTrip to provide the bank's credit card holders with monthly instalment facilities and discounts on flight and domestic hotel bookings from the travel agency's outlets and website. Zishan Ahammad, the head of cards of...
FE REPORT | 2024-12-03 00:00:00
Jamuna Oil Company's profit jumped almost 30 per cent year-on-year to Tk 4.42 billion in FY24, as income from bank deposits escalated amid rising interest rates.The state-run oil distributor's earnings per share (EPS) stood at Tk 40 for FY24, increased...
BABUL BARMAN and FARHAN FARDAUS | 2024-12-03 00:00:00
Kattali Textile has laundered money from the funds raised through its 2018 IPO, and now the stock market regulator has handed its investigation report to the CID for actions under the Money Laundering Prevention Act 2012.A primary investigation by the...
Biden gives son 'unconditional' pardonNEW YORK, Dec 02 : US President Joe Biden has issued an official pardon for his son Hunter, who was facing sentencing for two criminal cases, despite previously ruling it out. In a statement, the president...
IDLIB, Dec 02 (Reuters): At least 25 people were killed in northwestern Syria in air strikes carried out by the Syrian government and Russia, the Syrian opposition-run rescue service known as the White Helmets said early on Monday.Russian and Syrian...
CAIRO, Dec 02 (AFP): The United Nations chief said Monday the situation in war-torn Gaza was "appalling and apocalyptic", warning conditions faced by Palestinians in the territory may amount to the "gravest international crimes".In remarks read out on his behalf...
CONAKRY, Dec 02 (BBC): At least 56 people have been killed in clashes at a football match in Guinea's second-largest city, Nzérékoré, the government says.Some reports indicate that it was sparked by a referee sending off two players from the...
SINGAPORE/HAMBURG, Dec 2 (Reuters): Chicago wheat fell on Monday, pressured by low prices in export markets offered for wheat from Argentina, Russia and other Black Sea producers, with dealers shrugging off new Russian export quotas.Soybeans were slightly weaker, with expectations...
JAKARTA, Dec 2 (Reuters): Malaysian palm oil futures fell on Monday, snapping a run of five consecutive sessions of gain, dragged down by weakness in Dalian and Chicago soyoil prices and lower exports in November.The benchmark palm oil contract for...
PARIS, Dec 2 (Reuters): Airbus deliveries rose sharply in November to more than 80 jets as the planemaker recovered from a downturn and made progress towards year-end targets, industry sources said.The world's largest planemaker declined comment on the monthly deliveries,...
Gold dropped 1 per cent on Monday, ending a four-session winning streak, weighed down by a robust US dollar, as investors eyed upcoming economic data and remarks from Federal Reserve officials for clues on the future of US interest rates,...
Oil prices rose more than 1 per cent on Monday, supported by strong factory activity in China, the world's second-largest oil consumer, and escalating tensions in the Middle East, where Israel resumed attacks on Lebanon despite a ceasefire deal, reports...
Unemployment in Bangladesh significantly impacts both individuals and the economy. It contributes to an economic slowdown by reducing overall national productivity, as fewer people are employed to generate income. This limits the country's GDP growth and stifles economic development. The...
In today's fast-paced world, the pressure of work and constant stress are taking a toll on mental health. Long working hours, heavy workloads, and the lack of proper breaks contribute to anxiety, depression, and extreme stress, impacting both mind and...
Syed Fattahul Alim | 2024-12-03 00:00:00
Pro-development people often look upon pro-environment activists as anti-development. But one need not be an environmentalist to be concerned about destruction of forests, filling up of wetlands, flattening of hills and grabbing of all open spaces for building roads or...
Helal Uddin Ahmed | 2024-12-03 00:00:00
Sudden and whimsical decisions without any consultations whatsoever were the hallmark of the ousted autocratic regime that ruled the country for over 15 years. Take for example, the 'daylight saving time' that was introduced all of a sudden in June...
Considering the enormous and complex task, the committee assigned the job of preparing the white paper on the country's state of economy during the regime of Sheikh Hasina has delivered the report within a very short time. During handing the...
Md Shahidur Rahman | 2024-12-03 00:00:00
The International Day of Persons with Disabilities was introduced by the United Nations General Assembly in 1992 to promote the rights and well-being of people with disabilities. The day commemorates the 2006 adoption of the United Nations Convention on the...
Rationale of the Exercise and Magnitude of ConcernOver the recent past years, illicit financial outflows have emerged as an alarmingly growing phenomenon in Bangladesh, a malignant tumour that was devouring a significant part of the country’s economy and wealth. Such...
Huge assets have been found in the United Kingdom (UK) belonging to the close circle of ousted Prime Minister Sheikh Hasina, reports BSS.The circle including former ministers, politicians and businessmen have an accumulated investment of approximate over 40 crore pound...
In this picture taken from Marjayoun, thick smoke rises from explosions as Israeli forces reportedly demolish dwellings in the border town of Khiam in southern Lebanon, on Sunday, days into a fragile ceasefire between Israel and Hezbollah. — AFP
Six more deaths were reported from dengue in 24 hours till Sunday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 494 this year.Among the recent fatalities, two occurred in Chattogram division, and one each in...
FE REPORT | 2024-12-02 00:00:00
Bangladeshi expatriates sent $2.19 billion in remittances in November 2024, marking a 13.47 per cent year-on-year growth, according to Bangladesh Bank (BB) data released on Sunday.This, however, is slightly lower than that of October's $2.39 billion inflows.Remittance inflows have shown...
FE REPORT | 2024-12-02 00:00:00
Bangladesh Bank has relaxed rules asking banks to allow their industrial clients import capital machinery under supplier's/buyer's credit on usance term up to three years, officials said. The central bank has revised the usance tenure from existing 360 days to...
FE REPORT | 2024-12-02 00:00:00
The Bangladesh Bank has raised the interest rate on credit card loans by 5 percentage points to 25 per cent to ensure effective loan risk management as well as align with the policy rate and banks' rising funding costs.It issued...
FE REPORT | 2024-12-02 00:00:00
Centre for Policy Dialogue (CPD) chairman Prof Dr Rehman Sobhan on Sunday said the think tank's mission was to foster conclusive as well as constructive dialogues on economic issues by engaging political leaders.While addressing an event hosted at a local...
JASIM UDDIN HAROON & GULAM RABBANI | 2024-12-02 00:00:00
Amid the ongoing foreign exchange volatility, local businesses could attract substantial capital through "foreign private equity funds", offering a lifeline to the crisis while fostering sustainable growth.Launched in 2020, the foreign private equity fund BMA, supported by globally renowned institutions,...
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