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Oil prices hold steady as market awaits Trump announcements

2025-01-21 00:00:00

Oil prices were steady on Monday as traders awaited US President-elect Donald Trump's inauguration in the hope of some clarity on his policy agenda, including plans to end the Russia-Ukraine war, reports Reuters.Brent crude futures dropped 37 cents, or 0.46...

BANK ASIA CELEBRATES FOUNDING ANNIVERSARY OF AGENT BANKING-

2025-01-21 00:00:00

BANK ASIA CELEBRATES FOUNDING ANNIVERSARY OF AGENT BANKINGBank Asia on Saturday celebrated the 11th founding anniversary of Agent Banking. The bank's Chairman Romo Rouf Chowdhury along with directors of the board and members of the senior management team attended the...

MTB NAMES INTERNET BANKING PLATFORM AS MTB NEO

2025-01-21 00:00:00

MTB NAMES INTERNET BANKING PLATFORM AS MTB NEOMutual Trust Bank (MTB) named its internet banking platform MTB Neo in an official name revealing event on Monday. The MTB Neo app provides an upgraded user interface, enhanced functionality, and more flexibility,...

EASTLAND INSURANCE'S 38TH ANNUAL BRANCH MANAGERS' CONFERENCE

2025-01-21 00:00:00

EASTLAND INSURANCE'S 38TH ANNUAL BRANCH MANAGERS' CONFERENCE The 38th Annual Branch Managers' Conference of Eastland Insurance was held on Monday at DCCI Auditorium in the capital's Motijheel. Chairman Mahbubur Rahman (fourth from left) inaugurated the conference. Vice Chairman Rizwan Rahman...

Fine Foods' quick rally, faster plunge: What happened around its record growth

Mohammad Mufazzal | 2025-01-21 00:00:00

The stock of Fine Foods started off on a steep decline more than a week before it announced a record 376 per cent year-on-year profit growth on January 16 for the first half of FY25. It kept falling even after...

Kolkata rape-murder: Convict gets life sentence

2025-01-21 00:00:00

KOLKATA, Jan 20 (Reuters): An Indian court awarded the life sentence on Monday to a police volunteer convicted of the rape and murder of a junior doctor at the hospital where she worked in the eastern city of Kolkata.The woman's...

Yoon set to spend first night in jail as criminal suspect

2025-01-21 00:00:00

SEOUL, Jan 20 (AFP): South Korea's impeached President Yoon Suk Yeol had his mug shot taken and underwent a physical check before spendinghis first night in jail as a criminal suspect, a prison officer said Monday.Yoon was arrested in a...

Israel frees 90 Palestinian prisoners

2025-01-21 00:00:00

JERUSALEM, Jan 20 (AFP): Israel released 90 Palestinian prisoners on Monday after Hamas handed over three Israeli hostages, completing the first exchange under a long-awaited truce aimed at ending more than 15 months of war in Gaza.The three hostages released...

25 kg venison seized in Bagerhat

2025-01-21 00:00:00

BAGERHAT, Jan 20 (UNB): Forest officials in a drive seized 25 kgs of venison from Jongla area under Chandpai Range of the Sundarbans East Zone in Bagerhat district.Tipped off, a team of forest officials conducted a drive in the area...

Two bulkheads seized from Meghna, nine detained

2025-01-21 00:00:00

CHANDPUR, Juan 20 (UNB): The Coast Guard seized two bulkheads carrying soil illegally extracted from the Meghna River in Chandpur in the early hours of Monday.Nine people were also detained in connection with the illegal soil extraction.Tipped off, a team...

Road accidents kill four in two districts--

2025-01-21 00:00:00

Four people were killed in separate road accidents in two districts on Monday, report agencies.In Lakshmipur , two auto-rickshaw passengers were killed and its driver was injured when a dump truck rammed the auto-rickshaw in BU Chowdhury Fisheries area of...

Boro cultivation gathers pace in Gopalganj

2025-01-21 00:00:00

Our CorrespondentGOPALGANJ, Jan 20: The farmers of the district are passing a very busy time to cultivate boro paddy with a high production target this season.According to the Department of Agricultural Extension (DAE) in Gopalganj, a total of 81,663 hectares...

Unleashing AI for enhancing global competitiveness

Manmohan Parkash | 2025-01-21 00:00:00

In today's rapidly evolving global landscape, competitiveness is defined by the capacity to innovate, adapt, and effectively leverage technology. At the forefront of this technological revolution is artificial intelligence (AI), which holds the potential to transform industries, boost productivity, and...

Democracy in chains

Mohammad Enamul Hoque | 2025-01-21 00:00:00

Democracy is often addressed as the ultimate system for raising equality, inclusivity, and meritocracy, a governance model that embodies the collective will of the people. Yet in Bangladesh, the ideal of democracy is overshadowed by a deeply entrenched culture of...

Improving healthcare for hill people

2025-01-21 00:00:00

Tribal people in the Chittagong Hill Tracts (CHT) face significant hardships in accessing healthcare services due to the lack of quality hospitals tailored to the needs of the tribal population. The existing hospitals and upazila health complexes are plagued by...

Hazardous Paltan intersection

2025-01-21 00:00:00

For thousands of passengers every single day, Paltan Intersection-one of Dhaka's busiest areas-is a major transit crossroads. But the growing threat of careless driving has made this busy intersection dangerous which is pretty challenging for people.Traffic laws are regularly broken...

What does lie ahead for Gazans?

Syed Fattahul Alim | 2025-01-21 00:00:00

There was euphoria in Gaza following the announcement of ceasefire deal between the Palestinian militant group, Hamas, and Israel on Wednesday. The ceasefire deal that came into effect on Sunday (January 19) following approval by the Israeli cabinet was brokered...

Quality pry education needs quality teachers

Mir Mostafizur Rahaman | 2025-01-21 00:00:00

The quality of education in Bangladesh has long been a topic of concern. Despite the oft-repeated phrase that "education is the backbone of the nation," successive governments have failed to implement policies ensuring a robust and quality education system. Among...

Improving economic Management

2025-01-21 00:00:00

If the purpose behind preparation of the white paper on the state of the country's economy was to identify the economic malaises and find some ways out of the current imbroglio, the follow-up by the interim government has been conspicuous...

SWOT analysis of agent banking in Bangladesh

JASIM UDDIN HAROON | 2025-01-20 12:00:00

Agent banking has emerged as a transformative tool for financial inclusion, particularly in underserved areas of Bangladesh. This banking derivative cuts down costs of traditional banking operations, augments deposit mobilisation and facilitates enterprise growth in those far-flung areas, among other...

'Agent banking a transformative model for financial inclusion'

2025-01-20 12:00:00

Question (Q) Agent banking is now being considered as a cost-effective banking approach particularly in the least developed areas. Could you please explain the journey of agent-based banking service of your bank?Answer (A) Midland Bank recognizes the transformative potential of...

Promoting financial inclusion of backwoods people, driving greater goal of SDGs

Siddique Islam | 2025-01-20 12:00:00

Coming as a technology-driven hybridization of traditional banks, agent banking has accelerated financial-inclusion initiatives across Bangladesh through bringing more unbanked and underbanked people into the banking network. This way, this banking derivative is contributing to the national effort for achieving...

Peace, not election, is priority

2025-01-20 12:00:00

LANGKAWI, Jan 19 (Reuters): Southeast Asian nations told Myanmar's military government on Sunday its plan to hold an election amid an escalating civil war should not be its priority, urging the junta to start dialogue and end hostilities immediately.The Association...

Agent banking augurs well as a rural game-changer

JASIM UDDIN HAROON | 2025-01-20 00:00:00

Even during the 1980s, many relatives of Bangladeshi expatriates had to travel to Dhaka to withdraw remittances from Sonali Bank's foreign-exchange branch in Dilkusha. Imagine the toils involved: relatives navigating the bustling capital city to collect the hard-earned money sent...

‘Agent banking path strewn with challenges’

2025-01-20 00:00:00

Question (Q): Agent banking is now being considered as a cost-effective banking approach, particularly in the least developed areas. Could you please explain the journey of agent-based banking services of your bank?Answer (A): Social Islami Bank PLC launched Agent Banking...

‘Bank Asia progressing with a goal in sight’

2025-01-20 00:00:00

Question (Q): Agent banking is now being considered as a cost-effective banking approach particularly in the least developed areas. Could you please explain the journey of agent-based banking service of your bank?Answer (A): Bank Asia PLC pioneered Agent Banking and...

How banking innovation upends disparate male-female equations

JUBAIR HASAN | 2025-01-20 00:00:00

Villagers used to depend on usurers and thereafter on NGOs for small moneys. Gonna are the days of those moneylenders. Agent banking makes inroads and begins changing the macro-economic landscape in the rural areas, especially with increasing participation of female...

Prime Bank’s bet on own model pays off

2025-01-20 00:00:00

Question (Q) : Agent banking is now being considered as a cost-effective banking approach, particularly in the least developed areas. Could you please explain the journey of agent-based banking service of your bank?Answer (A): The journey of agent-based banking services...

'BRAC Bank's Agent Banking empowers rural communities'

2025-01-20 00:00:00

Question (Q). Why Agent Banking Channel is important for BRAC Bank? Answer (A): Agent banking channels play a crucial role in providing banking services to the country's unbanked and underserved populations. While these individuals may have limited exposure to traditional...

Islami Bank boasts over 5.0m clients under its Agent Banking

2025-01-20 00:00:00

Agent banking is the easiest way of bringing dynamism in economic activities, creation of employment opportunities, alleviation of poverty, and contribution to economic growth by promoting financial inclusion of the people in far-flung areas and out of the reach of...