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Trust Bank-bKash two-way fund transfer service launched

2024-11-28 00:00:00

Trust Bank and bKash have further launched fund transfer service that allows customers to instantly send money to their own or others' Trust Bank accounts through bKash app. Currently, the customers are availing 'add money' service to bKash accounts via...

Sakhawat for direct ship movement between BD, Maldives soon

2024-11-28 00:00:00

Shipping, Labour and Employment Adviser Brig Gen (Retd) Dr M Sakhawat Hussain hoped for direct ship operation soon between Bangladesh and Maldives, reports BSS."Direct ship movement between Bangladesh and Maldives would help expand bilateral import-export", he said as Maldives High...

BASIS and SICIP team up to create 3K skilled IT professionals

FE REPORT | 2024-11-28 00:00:00

A total of 3,000 individuals will be trained over the next four years under a project, aiming to create IT professionals of international standard.To this effect, Bangladesh Association of Software and Information Services (BASIS) and Skills for Industry Competitiveness and...

APEX HOLDS 34TH AGM

2024-11-28 00:00:00

Apex Footwear held its 34th annual general meeting (AGM) virtually on Wednesday. Mr. Syed Manzur Elahi, chairperson of the company, presided over the programme. Syed Nasim Manzur, managing director, was present at the meeting among other directors and senior officials....

Investors showing good appetite in bank stocks amid interest rate hikes

FE REPORT | 2024-11-28 00:00:00

The banking sector has recently been making top contributions to daily turnover on the Dhaka bourse, supported by investors' increased participation.The sector's dominance has mainly been driven by two banks -- Midland Bank and NRB Bank. The two lenders topped...

IFC invests $50m in City Bank to support SME businesses

2024-11-28 00:00:00

IFC, a member of the World Bank Group, is investing $50 million in City Bank PLC to help SMEs grow, create jobs, and boost economic recovery. On this occasion, an agreement signing ceremony was recently held at the head office...

Agrani Bank suspends new lending till Dec

SIDDIQUE ISLAM | 2024-11-28 00:00:00

Agrani Bank has decided to suspend fresh loan approvals till December this year with the aim to improve its financial health, the lender's chairman has said."No new lending will be approved in the fourth quarter of the 2024 calendar year,"...

Power producers risk wiping out investors' funds as expiry nears

FARHAN FARDAUS | 2024-11-28 00:00:00

Eight listed power producers have been losing revenue as the government has moved away from quick rental plants to ease the burden of capacity charge payments and bring down the price of electricity. Quick rental power plants were a quick...

Rupee ends lower, dollar bids spurred

2024-11-28 00:00:00

MUMBAI, Nov 27 (Reuters): The Indian rupee declined on Wednesday, pressured by strong dollar demand related to the expiry of the November monthly futures contract and month-end payments by importers.The rupee closed at 84.4525 against the US dollar, down by...

EU commission pushes for defence, economy spending

2024-11-28 00:00:00

STRASBOURG, Nov 27 (AFP): EU chief Ursula von der Leyen warned Wednesday that Europe has "no time to waste" to boost its defences and competitiveness, as European lawmakers prepared to approve her new executive team to start work.Addressing deputies in...

RUPALI BANK OPENS 'MIRZAPUR SUB-BRANCH'

2024-11-28 00:00:00

Rupali Bank PLC has opened its 33rd sub-branch namely 'Mirzapur Sub-branch' under the Pakua Branch in Tangail. Managing Director (acting) of the bank Parsuma Alam inaugurated the sub-branch virtually on Wednesday. Deputy Managing Directors Hasan Tanvir and Md Harunur Rashid...

UCB TRAINING FOR AGRI ENTREPRENEURS IN BRAHMANBARIA

2024-11-28 00:00:00

United Commercial Bank PLC Limited's (UCB) agricultural support scheme 'Bhoroshar Notun Janala' conducted its 56th skill-development training session in Brahmanbaria. A total of 225 agricultural entrepreneurs from nine upazilas of the district took part in the training held in the...

Southeast Bank signs MoU with BIDA

2024-11-28 00:00:00

Southeast Bank PLC signed a Memorandum of Understanding (MoU) with the Bangladesh Investment Development Authority (BIDA) to provide seamless banking services, enhancing one-stop solutions for local and foreign investors. The agreement was signed at a ceremony at the BIDA Seminar...

USD 50m term loan facility for Prime Bank

2024-11-28 00:00:00

Prime Bank's CEO Hassan O Rashid and CRO & Management Board Member of FMO (Dutch Development Bank) Franca Vossen have exchanged documents for activation of 2nd tranche of USD 50 million term loan facility from FMO at a ceremony held...

Samsung reshuffles leadership amid challenge in AI chips

2024-11-28 00:00:00

SEOUL, Nov 27 (AFP): Samsung Electronics reshuffled its leadership on Wednesday as it looks to gain an edge in the production of microchips used for artificial intelligence servers.The world's largest memory chip maker issued a rare apology in October, acknowledging...

100 tonnes of Atap rice imported from India via Banglabandha land port

2024-11-28 00:00:00

PANCHAGARH, Nov 27 (UNB): One hundred tonnes of Atap rice were imported from India through Banglabandha land port in Panchagarh on Tuesday, marking the first such import in two years. The shipment arrived in four cargo trucks, said Abul Kalam...

'Guardian Probashi Prohori' launched

FE REPORT | 2024-11-28 00:00:00

The Guardian Life Insurance and BRAC signed an agreement on Wednesday to ensure financial security of the country's migrant workers by offering them and their families various benefits.An insurance policy called 'Guardian Probashi Prohori' was unveiled at the event held...

Recognise the internet as basic right

FE REPORT | 2024-11-28 00:00:00

Speakers at a programme said that the digital rights of Bangladesh's citizens are under threat, with personal information of nearly 60 million people reportedly compromised and circulating freely online. They said allegations have emerged that a foreign company, engaged by...

A crisis of talent and opportunity

2024-11-28 00:00:00

Bangladesh continues to experience a significant brain drain, with many of its most talented individuals seeking better opportunities overseas. This trend shows no signs of abating, with 45,000 students going for studying abroad in 2021 alone. According to World Bank...

Can battery-run rickshaws be made safer?

2024-11-28 00:00:00

Halting the operation of battery-run rickshaws could create significant challenges for their drivers and investors. Many investors in these vehicles are from low-income backgrounds, relying on this as their primary source of income. Similarly, thousands of drivers depend on this...

In quest of a pro-people civil administration

Mir Mostafizur Rahaman | 2024-11-28 00:00:00

In modern states, civil administration is an integral part of the governance framework. It serves as the backbone of a nation's development, ensuring public services, policy implementation, and the rule of law. The quality and character of governance are profoundly...

Looming recession!

2024-11-28 00:00:00

Against the backdrop of no fresh investment by private entrepreneurs and extremely low execution of annual development programmes (ADPs), it is only natural that a country slides into recession. None other than Planning Adviser Prof Wahiduddin Mahmud is wary of...

A Vice President, a President & talk of murder

Syed Badrul Ahsan | 2024-11-28 00:00:00

Politics can sometimes lead to deep worries in societies. It throws up the unexpected, the unforeseen and leaves common people wondering about what is happening or why it is happening. Politics is certainly aimed at promoting public welfare through its...

The art of negotiation: corporate life and beyond

Seyed Mosayeb Alam | 2024-11-28 00:00:00

Negotiation is a part of our everyday life, whether in a corporate boardroom or just trying to decide at home. The key to successful negotiation isn't about who "wins" or "loses." Instead, it's about finding a solution that works for...

'Media cooperation crucial to restore order on highways'

2024-11-28 00:00:00

RANGPUR, Nov 27 (BSS): The cooperation of media is very important in correcting the previous mistakes of the Highway Police to restore order on the highways and uphold human rights. "Under the changed situation, the main task of the Highway...

Kushtia road accident kills two women

2024-11-28 00:00:00

KUSHTIA, Nov 27 (BSS): Two women were killed as a trolley hit a rickshaw-van in Mirpur upazila of the district on Wednesday.The deceased were identified as Sabela, 70, and Morium Begum, residents of Kaborbaria village of the upazila.Sub inspector of...

Khulna Aman growers hope for a record-breaking yield

2024-11-28 00:00:00

KHULNA, Nov 27 (UNB): The southwestern district of Khulna is celebrating a bumper harvest of Aman paddy this year, sparking joy and optimism among local farmers.Growers and others are preparing for harvesting the paddy and sharpening their sickles as they...

Farmers busy sorting out betel nuts

2024-11-28 00:00:00

Farmers busy sorting out betel nuts for selling in the local market in Teknaf town- bdnews24.com

South Africa 80-4 after rain-affected first day against Sri Lanka in 1st Test

2024-11-28 00:00:00

DURBAN, Nov 27 (Reuters): South Africa have closed a rain-affected first day against Sri Lanka on 80 for four at Kingsmead on Wednesday, after no play was possible after lunch in the first Test in Durban.Lahiru Kumara took 2-35 as...

Lewandowski becomes third player after Messi, Ronaldo to score 100 goals

2024-11-28 00:00:00

ROME, Nov 27 (Agencies): Robert Lewandowski converted a first-half penalty kick against Brest to become the third player to score 100 goals or more in the Champions League, behind Cristiano Ronaldo and Lionel Messi. Lewandowski calmly sent a low shot...