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DUTCH EMBASSY OFFICIALS VISIT THAKURGAON TO INSPECT SPECIAL REVOLVING FUND ACTIVITIES

2024-11-22 00:00:00

DUTCH EMBASSY OFFICIALS VISIT THAKURGAON TO INSPECT SPECIAL REVOLVING FUND ACTIVITIES Deputy Head of Mission at the Netherlands Embassy Thijs Woudstra and Senior Policy Advisor-Social Sector Mushfiqua Zaman Satiar visited Thakurgaon on Wednesday to review the activities related to Special...

PayPal outage affects thousands worldwide

2024-11-22 00:00:00

Payments firm PayPal is facing a system issue that may be affecting multiple products, it said on Thursday, reports Reuters.The outage comes on a day bitcoin, the world's largest cryptocurrency, has surged to levels to over $98,000 and pulled other...

Ruchi Beautigram Exhibition begins in city

2024-11-22 00:00:00

Ruchi Beautigram Season 6 Exhibition began at Alliance Française in the city's Dhanmondi area on Thursday, says a press release.The event will conclude with an award ceremony tomorrow, according to Ruchi Explore Limitless.This year's competition focused on the theme 'New...

US calls for breakup of Google and Chrome

2024-11-22 00:00:00

WASHINGTON, Nov 21 (AFP): The US government late Wednesday asked a judge to order the dismantling of Google by selling its widely used Chrome browser in a major antitrust crackdown on the internet giant.In a court filing, the US Department...

Sri Lanka's president makes U-turn on IMF bailout

2024-11-22 00:00:00

COLOMBO, Nov 21 (AFP): Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor.Leftist President Anura Kumara Dissanayake, who tightened his grip on power...

EXECUTIVE COMMITTEE MEETING OF SHAHJALAL ISLAMI BANK

2024-11-22 00:00:00

EXECUTIVE COMMITTEE MEETING OF SHAHJALAL ISLAMI BANK The 886th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Akkas Uddin...

SONALI BANK HOSTS 'MEET THE BORROWERS'

2024-11-22 00:00:00

SONALI BANK HOSTS 'MEET THE BORROWERS' Sonali Bank PLC arranged a programme titled 'Meet the Borrowers' at its Bangabandhu Avenue corporate branch on Thursday. MD & CEO of Sonali Bank Md Shawkat Ali Khan attended the event as the chief...

China firm to operate first single point mooring

2024-11-22 00:00:00

China Petroleum Pipeline Engineering Co. Ltd (CPPEC) has been chosen to operate and maintain (O&M) Bangladesh's first single point mooring (SPM) with double pipeline project, reports UNB.The decision was approved in principle on Thursday by the Advisers Council Committee on...

Gulf shares slip as geopolitical tensions rise

2024-11-22 00:00:00

Stock markets in the Gulf tracked global shares lower on Thursday as tension between Russia and Ukraine kept investors on edge, while Egypt's index snapped a four-day losing streak, reports Reuters.Russia launched an intercontinental ballistic missile during an attack on...

India's Adani says US charges 'baseless', opposition demand arrest

2024-11-22 00:00:00

NEW DELHI, Nov 21 (AFP): India's Adani Group on Thursday called US charges that their billionaire tycoon founder Gautam Adani had paid more than $250 million in bribes "baseless", as the opposition leader demanded his arrest.The stiff denial came after...

PUBALI BANK HOLDS PROGRAMME ON GREEN FINANCE

2024-11-22 00:00:00

PUBALI BANK HOLDS PROGRAMME ON GREEN FINANCEPubali Bank organised a capacity development programme on 'Sustainable Finance and Green Finance' at the bank's head office on Thursday. Mohammad Ali, managing director and CEO of Pubali Bank, presided over the programme. The...

SOUTHEAST BANK SIGNS MOU WITH SUMMERFIELD INTERNATIONAL SCHOOL

2024-11-22 00:00:00

SOUTHEAST BANK SIGNS MOU WITH SUMMERFIELD INTERNATIONAL SCHOOLSoutheast Bank recently signed a memorandum of understanding (MOU) with Tiny Tots and Summerfield International School at the bank's head office in the capital for providing tuition fees collection services, payroll services, among...

BANK ASIA WINS SAFA AWARD 2023

2024-11-22 00:00:00

BANK ASIA WINS SAFA AWARD 2023 Bank Asia won 'SAFA Best Presented Annual Report Award 2023' for 'Integrated Reporting' at a recent event in Colombo, Sri Lanka. In addition, the bank also achieved 'Certificate of Merit' among private sector banks...

Melita Mehjabeen joins BAT Bangladesh as independent director

2024-11-22 00:00:00

Professor Dr. Melita Mehjabeen, a tenured faculty member of IBA, Dhaka University, has been appointed as independent director to British American Tobacco (BAT) Bangladesh, according to a press release.She has about 20 years of proven track record in academia, research,...

Appollo Ispat slips into abyss with Tk 7.6b loss

FE REPORT | 2024-11-22 00:00:00

Keeping shareholders in the dark for the last five years, Appollo Ispat Complex finally disclosed a huge pile-up of losses worth Tk 7.6 billion, incurred between FY19 and FY23.Once renowned for its corrugated iron sheets brand "Rani Marka Dheutin," Appollo...

Emerald Oil production suspended after major share sell-off by Minori

FE REPORT | 2024-11-22 00:00:00

The struggling Emerald Oil Industries' production has remained suspended for more than six months for what the company said was a shortage of gas supply to its factory. It communicated the matter to the Dhaka Stock Exchange on Thursday in...

Medical Assistant Training School students block road in Bagerhat

2024-11-22 00:00:00

BAGERHAT, Nov 21 (UNB): Students of the Medical Assistant Training School (MATS), Bagerhat blocked the road in front of the Bagerhat Police Superintendent's office on the Bagerhat-Khulna highway over four-point demands on Thursday.This caused traffic congestion on both sides of...

Two bodies recovered in Naogaon

2024-11-22 00:00:00

NAOGAON, Nov 21 (UNB): Police recovered two bodies, one of a young man and another of an elderly man, from separate locations in Naogaon on Thursday.The discoveries were made near the Atrai River bank in Manda upazila and in the...

Waste treatment plant lies inoperative for three years

2024-11-22 00:00:00

BARGUNA, Nov 21 (UNB): A waste treatment plant in Barguna town constructed at a cost of Tk 160 million (16 crore) under the LGSP project with World Bank funding has been lying inoperative for the last three years amid environmental...

Repair to flood-hit roads in Sylhet region still a far cry

2024-11-22 00:00:00

OUR CORRESPONDENT SYLHET, Nov 21: The authorities concerned are yet to take any measure to repair or reconstruct the roads damaged badly by floods in Sylhet region, local people have alleged.Officials concerned said they carried out some repair work on...

Tigresses out to make direct qualification for World Cup

2024-11-22 00:00:00

Bangladesh Women's team is confident of making a direct entry to the ICC World Cup despite knowing that the equation is quite tough for them, reports BSS.To ensure a direct entry to the World Cup, to be held in India...

Tigers take on Windies in first Test today

2024-11-22 00:00:00

After a disappointing clean sweep at home against South Africa in their last Test series, Bangladesh are gearing up to take on the West Indies in a two-match Test series, with the first match starting in Antigua today (Friday), reports...

Can TfL model transform Dhaka's traffic system?

2024-11-22 00:00:00

Dhaka is one of the most traffic-congested cities in the world, with some of the worst public transport services globally.Every year, Dhaka's traffic nightmare costs Bangladesh billions of dollars. According to data from the BUET, the annual financial loss due...

What a cruel way to realise demand!

2024-11-22 00:00:00

On Monday, at around 12:15 PM, protesters pelted stones at the Antanagar train, the Akoost Express, travelling from Noakhali to Dhaka. The students of Government Titumir College were demanding that their college be declared a university. While blocking roads might...

Rooting out online gambling

Shiabur Rahman | 2024-11-22 00:00:00

Online gambling has, as elsewhere, witnessed a steep rise in Bangladesh in recent years. The allure of easy money is attracting a growing number of Bangladeshis to this fool's game. A century-old statute and cultural and religious norms that discourage...

Streamlining bus operation in the capital

2024-11-22 00:00:00

The idea of limiting the number of bus operators in the capital has been floated once again. This initiative, initially endorsed by the Cabinet during the previous government's tenure, was a key feature of the draft Bangladesh Road Transport Authority...

Palm oil edges lower

2024-11-22 00:00:00

KUALA LUMPUR, Nov 21 (Reuters): Malaysian palm oil futures closed lower for a second consecutive session on Thursday, as fears of US tariffs imposed on China and muted demand for palm sparked a sell-off in the vegetable oils market.The benchmark...

Gold rises for fourth day with elevated safe-haven demand

2024-11-22 00:00:00

LONDON, Nov 21 (Reuters): Spot gold price rose for the fourth consecutive day on Thursday, with safe-haven demand for the precious metal supported by global stocks under pressure after AI bellwether Nvidia's revenue growth forecast failed to excite investors.Spot gold...

Copper slips on uncertainties over China, Ukraine, Trump

2024-11-22 00:00:00

LONDON, Nov 21 (Reuters): Copper prices retreated on Thursday on concerns about the latest developments in the war in Ukraine, a firmer dollar and worries about demand in China.Three-month copper on the London Metal Exchange (LME) was down 0.4 per...

Oil up 2pc on Ukraine war escalation

2024-11-22 00:00:00

LONDON, Nov 21 (Reuters): Oil prices climbed more than 2 per cent on Thursday as Russia and Ukraine launched missiles at each other, overshadowing the impact of a bigger-than-expected increase in US crude inventories.Brent crude futures rose $1.48, or 2.03...