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SBAC BANK HOSTS WORKSHOP ON PREVENTION OF MONEY LAUNDERING

2024-11-26 00:00:00

SBAC Bank PLC organised a training workshop on 'Prevention of money laundering & combating financing of terrorism' at the Training Institute of the bank recently. Syed Golam Shahajarul Alam, Additional Director, and Mehedi Hasan, Deputy Director of Bangladesh Financial Intelligence...

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING' ---

2024-11-26 00:00:00

A daylong workshop on 'Prevention of Money Laundering and Combating Financing of Terrorism' was organised by Bangladesh Financial Intelligence Unit (BFIU) for all scheduled bank officials of Thakurgaon district. Jamuna Bank PLC acted as the lead bank in the workshop....

UCB HOLDS WORKSHOP FOR TEA CLUSTER ENTREPRENEURS

2024-11-26 00:00:00

United Commercial Bank PLC (UCB) recently organised a workshop for tea cluster entrepreneurs in Panchagarh district. The event aimed to enhance financial literacy and explore growth opportunities within the tea industry. Nawshad Mustafa, Director, SMESPD of Bangladesh Bank, was present...

IFIC BANK DONATES DESKTOP COMPUTERS TO STUDENTS

2024-11-26 00:00:00

IFIC Bank PLC, as part of its 'Stand Beside Women in Tech Advancement' campaign, donated desktop computers and educational materials to Khulna Collegiate Girls' School and KCC Women's College to inspire young women to embrace technology and enhance digital skills....

Shakir Amin promoted to AMD of NRB Bank

2024-11-26 00:00:00

NRB Bank PLC has promoted Md Shakir Amin Chowdhury to Additional Managing Director (AMD).Prior to his new assignment, he has been serving as the Deputy Managing Director, says a statement.Managing Director Tarek Reaz Khan, on behalf of the Board of...

Over 500K taxpayers file tax returns online

2024-11-26 00:00:00

More than 500,000 individual taxpayers have filed their income tax returns online for FY 2024-2025.The National Board of Revenue, or NBR, said in a media statement that the milestone was reached by Sunday, reports bdnews24.com.The statement highlighted a significant increase...

TotalEnergies pauses funding for Adani Group

2024-11-26 00:00:00

NEW DELHI/PARIS, Nov 25 (Reuters): French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.The Indian business group's billionaire chairman, Gautam Adani, and...

BIDA to add 7 new services on OSS portal to facilitate business

FE REPORT | 2024-11-26 00:00:00

Bangladesh Investment Development Authority (BIDA) has signed separate Memorandums of Understanding (MoUs) with four agencies to add seven new services to BIDA's online 'one-stop service' (OSS) platform, aiming to facilitate businesses.The four agencies are Sylhet City Corporation, Rangpur City Corporation,...

Four dead in BJP-ruled Uttar Pradesh

2024-11-26 00:00:00

MUMBAI, Nov 25 (BBC): The northern Indian city of Sambhal is on alert after four people died and dozens were injured in violent clashes over a Centuries-old mosque on Sunday.Clashes broke out between protesters and the police during a court-monitored...

Countries divided as UN plastics treaty talks begin

2024-11-26 00:00:00

175 countries gather in South Korea for discussions to curb plastic pollution, but doubts linger on the stance of the USSEOUL, Nov 25 (Reuters): As delegates from 175 countries gathered in Busan, South Korea on Monday for the fifth round...

Trump Jr helping his father pick ‘most controversial’ cabinet

2024-11-26 00:00:00

NEW YORK, Nov 25 (Reuters): Donald Trump Jr has emerged as the most influential Trump family member in the transition as the president-elect builds the most controversial cabinet in modern US history, according to a half dozen sources with knowledge...

Two Palestinians killed in Israeli raid in W Bank

2024-11-26 00:00:00

YABAD, Nov 25 (AFP): The Palestinian Authority said two Palestinians, including a teenage boy, were killed during an Israeli raid in the occupied West Bank village of Yabad.The official Palestinian news agency Wafa said Israeli forces entered the village on...

One woman killed by partner, relative in every 10 minutes worldwide: UN

2024-11-26 00:00:00

VIENNA, Nov 25 (AFP): One woman was killed by a partner or relative every 10 minutes worldwide in 2023, the United Nations warned Monday, stressing that femicides remained at "alarmingly high levels".Almost 85,000 women and girls were murdered by people...

Hezbollah truce deal 'within days'

2024-11-26 00:00:00

NEW YORK, Nov 25 (AP/Reuters): The Israeli ambassador to Washington says that a cease-fire deal to end fighting between Israel and the Lebanon-based Hezbollah could be reached "within days."Ambassador Mike Herzog told Israeli Army Radio on Monday that there remained...

Gold sheds 1pc on profit taking

2024-11-26 00:00:00

Gold prices declined 1 per cent on Monday as investors booked profits following a five-session rally to a three-week high, while the announcement of fund manager Scott Bessent as the new US Treasury Secretary tempered safe-haven buying, reports Reuters.Spot gold...

Wheat falls on supply pressure

2024-11-26 00:00:00

SINGAPORE/HAMBURG, Nov 25 (Reuters): Chicago wheat fell on Monday as ample supplies pressured prices, with worry receding that intensified conflict between Russia and Ukraine could threaten Black Sea export shipments.Soybeans rose on buying interest after hitting contract lows last week....

Oil prices steady amid rising geopolitical tensions

2024-11-26 00:00:00

Oil prices were little changed on Monday ahead of an upcoming OPEC+ meeting and following 6 per cent gains last week and as geopolitical tensions remained high, reports Reuters.Brent crude futures were down 0.23 per cent, or 17 cents, to...

Uncertainties hindering economic recovery

2024-11-26 00:00:00

Economic momentum is almost always hindered by political turmoil, and Bangladesh is no exception. Investors are wary of the sudden leadership change, fearing policy discontinuity that could impact both the domestic and international markets. The nation's key industries, particularly textiles...

Addressing insecurity imperative

2024-11-26 00:00:00

The inhabitants of Dhaka are deeply concerned about the city's growing insecurity because of rising incidents of robbery, mugging, rowdy protests and mob lynchings. There are significant concerns about the attacks on weaker sections in society, especially women and children....

Gen Z will know the truth

Syed Fattahul Alim | 2024-11-26 00:00:00

About a year ago on December 11 2023, The Hill, a US political newspaper and digital news channel, published a report headlined, 'Why is Gen Z so pro-Palestine and anti-Israel?' What was the basis of such claim by this report?...

Tackling unemployment

Helal Uddin Ahmed | 2024-11-26 00:00:00

The domain of employment generation in Bangladesh is mostly confined to a few traditional and informal sectors. The major players in the area are agriculture, services, consumer goods production, readymade garments, wage-based labour, and overseas employment. Besides, there are some...

Reversing outbound medical tourism

2024-11-26 00:00:00

It is hardly surprising that an amount of $4.0 billion is annually spent by this country's people on medical treatment abroad. Disclosing this at a seminar titled "Reversing the Outbound Healthcare Tourism" held at the office of the Dhaka Chamber...

Innovative tool for climate finance: the case of blended finance

Mohammad Abu Yusuf | 2024-11-26 00:00:00

Climate change is the most widely discussed topic at the moment. An overwhelming majority of people around the world are concerned about climate change.  Given the critical situation of climate change for humanity, UN experts called on States at the...

National Tea out of production as workers demand arrears before joining work

MOHAMMAD MUFAZZAL | 2024-11-25 12:00:00

Production at the state-run National Tea Company (NTC) has remained suspended for nearly three months as workers have abstained from work for non-payment of wages. Wages of around four months are due as the company suffers an acute shortage of...

US natural gas drillers to boost 2025 output, reversing year of cuts

2024-11-25 12:00:00

US natural gas producers will boost output in 2025 following a series of production cuts this year, as rising demand from liquefied natural gas export plants is expected to increase prices that had fallen to multi-decade lows, reports Reuters.US production...

54pc see childcare as factor influencing jobs

FE REPORT | 2024-11-25 00:00:00

Majority or 54 per cent of surveyed parents identified childcare as a major factor influencing their participation in work, according to a latest survey.Inadequate childcare facilities adversely affect women's participation in the country's labour market. As many as 34 per...

No security personnel sacked on recommendations of 'Commission on Inquiry'

2024-11-25 00:00:00

Bangladesh security forces have not sacked any of their officers and members on the basis of any recommendations of the 'Commission on Inquiry' into the cases of enforced disappearances in the country, reports BSS.Several TV stations are wrongly broadcasting news...

Govt officials get one month more to submit wealth statement

2024-11-25 00:00:00

The deadline for submitting wealth statements by government officials and employees has been extended by a month until December 31 from November 30, reports UNB.Senior Secretary of the ministry Md Mokhles Ur Rahman announced the decision at a press briefing...

Parveen Mahmud FCA elected the new Chairman of MIDAS

2024-11-25 00:00:00

The 32nd Annual General Meeting of MIDAS was held on Saturday at MIDAS head office in Dhanmondi, Dhaka. Ms. Parveen Mahmud FCA has been elected as the new Chairman of Micro Industries Development Assistance and Services (MIDAS) by the MIDAS...

5 of a family among 7 burnt in fire at Dhaka's Mirpur

2024-11-25 00:00:00

Seven people including five members of a family sustained burn injuries in a fire apparently from accumulated gas in a house at Mirpur-11 in the capital on Sunday.The injured are Abdul Khalil,40, a painter, his wife Ruma Akter,32, and their...