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Minhaz Manna new shareholder director of DSE

FE REPORT | 2024-11-21 00:00:00

Minhaz Mannan Emon, managing director of BLI Securities, has been elected uncontested as a shareholder-director of the Dhaka Stock Exchange (DSE) for the next three years.Mr Emon will be replaced by Sharif Anwar Hossain, managing director of Sahidullah Securities, who...

BD Thai Food's profit hits rock bottom due to hefty Q4 loss

FE REPORT | 2024-11-21 00:00:00

BD Thai Food & Beverage has performed poorly since its listing in January 2022, with its profit plunging to rock bottom in FY24, thanks to an "unusual" loss in the final quarter. It reported a profit of Tk 38.88 million...

How Pubali Bank's unique policy keeps NPL under control

JUBAIR HASAN | 2024-11-21 00:00:00

Pubali Bank PLC has become successful in controlling the burden of non-performing loans (NPLs), thanks to its unique policy of robustly assessing the personal lives of borrowers apart from their business turnover before approving loans.This pre-loan approval measure worked well...

Investors shy away from stocks, rattled by Moody's rating

FE REPORT | 2024-11-21 00:00:00

The daily trade turnover on the Dhaka Stock Exchange (DSE) tumbled below Tk 4 billion on Wednesday after three weeks as investors were mostly reluctant to make fresh bets on stocks amid macroeconomic concerns.Turnover, a crucial indicator of the market,...

Salahuddin to look after Bangladesh's batting in WI

2024-11-21 00:00:00

Bangladesh's newly appointed senior assistant coach Mohammad Salahuddin will look after the team's batting department in West Indies tour, reports BSS.He will replace David Hemp who did not travel with the team to the Caribbean Island.Hemp is in now Bangladesh...

Bangladesh tennis team lose to Bahrain

2024-11-21 00:00:00

Bangladesh tennis team got off to a losing start as they suffered a 3-0 defeat to host Bahrain in their opening group D match of the '2024 Davis Cup Asia/Oceania Group-5' tennis tournament held on Wednesday in Isa Town, Bahrain,...

BCB president hands over Tk 2.0m to nat'l women's booters

2024-11-21 00:00:00

The Bangladesh Cricket Board (BCB) President Faruque Ahmed on Wednesday handed over a cheque for Tk 2.0 million (20 lakh) to Bangladesh Women's football team, reports BSS.The cheque was given in recognition of the SAFF Women's Championship 2024 triumph. Captain...

Abdul Hai Sarker elected President of Bangladesh Tennis Fed

2024-11-21 00:00:00

Abdul Hai Sarker, chairman of the Board of Directors of Dhaka Bank PLC, has been elected President of Bangladesh Tennis Federation, says a statement.Mr. Sarker is the present and founder chairman of Dhaka Bank PLC, chairman of Bangladesh Association of...

Tigers complete preparation in WI

2024-11-21 00:00:00

Ahead of the Test series Bangladesh have completed their preparation well in West Indies, reports UNB.Bangladesh's bowlers, led by left-arm spinner Hasan Murad, delivered a good performance in a two-day warm-up match against the West Indies Select XI in Antigua.Murad,...

Abahani, MSC in same group

2024-11-21 00:00:00

Dhaka Abahani Limited and Mohammedan Sporting Club (MSC) were pitted in the same group as the draw ceremony of Federation Cup Football was held at Bangladesh Football Federation (BFF) Bhaban conference room in the city on Wednesday, reports BSS.Ten participating...

Ukraine wheat crop may rise in 2025 on larger sowing area, says minister

2024-11-21 00:00:00

KYIV, Nov 20 (Reuters): Ukraine's wheat harvest may increase to up to 25 million tonnes next year from an expected 22 million tonnes this year thanks to a larger sowing area, the first deputy agriculture minister Taras Vysotskiy told Reuters...

Gold prices ease from one-week high as US dollar strengthens

2024-11-21 00:00:00

Gold prices eased from a one-week high on Wednesday as the dollar strengthened, though safe-haven demand linked to Russia-Ukraine tensions helped cap further losses, reports Reuters.Spot gold was down 0.2% at $2,627.60 per ounce as of 1238 GMT, after hitting...

Oil prices climb as mkt weighs Ukraine war escalation

2024-11-21 00:00:00

LONDON, Nov 20 (Reuters): Oil edged higher on Wednesday as concerns about escalating hostilities in the Ukraine war potentially disrupting oil supply from Russia outweighed data showing rising US crude stocks.Brent crude futures for January were up 49 cents, or...

N Korea bombarding South with blood-curdling sounds

2024-11-21 00:00:00

GANGHWA-GUN, Nov 20 (AFP): Gunshots, screams, eerie laughter: South Korea's border island Ganghwa is being bombarded nightly with blood-curdling sounds, part of a new campaign by the nuclear-armed North that is driving residents to despair.Before it started, 56-year-old Kim Yun-suk...

Saudi prince uses fund to expand power, commit abuses, says HRW

2024-11-21 00:00:00

DUBAI, Nov 20 (AFP): Saudi Arabia's de facto ruler is using the oil-rich kingdom's sovereign wealth fund to bankroll vanity projects linked to a host of rights abuses, Human Rights Watch said on Wednesday.A 93-page report from the New York-based...

Israeli strikes kill 17 including a boy in Gaza

2024-11-21 00:00:00

GAZA, Nov 20 (Reuters/AFP): Gaza's civil defence agency said on Wednesday that at least 17 people, including a baby and a rescue worker, were killed in Israeli air strikes on the war-ravaged Palestinian territory, as tanks deepened their incursion in...

Suicide attack leaves 12 Pak soldiers dead

2024-11-21 00:00:00

PESHAWAR, Nov 20 (AFP): A suicide attack in northwest Pakistan killed 12 soldiers, the military said Wednesday, following a separate clash that left eight dead in the same region bordering Afghanistan.The suicide blast occurred on Tuesday and resulted in the...

News in Brief -2024-11-21

2024-11-21 00:00:00

Bogie of freight train derails in B'baria BRAHMANBARIA, Nov 20: A bogie of a freight train derailed at Borohoron near Brahmanbaria rail station in Sadar upazila on Wednesday morning, snapping the rail communication with Dhaka through the up line. However,...

Farmers' capacity, knowledge need recognition for sustainable agriculture

2024-11-21 00:00:00

RAJSHAHI, Nov 20 (BSS): Earned capacity and indigenous knowledge of the grassroots farmers need to be recognised for sustainable and eco-friendly agriculture.Simultaneously, importance should be given to farmers' interests in production and preservation of paddy seeds.Many of the farmers are...

Sugarcane farming gaining popularity in Gopalganj

Our Correspondent | 2024-11-21 00:00:00

GOPALGANJ, Nov 20: The high-yielding sugarcane variety, Eshwardi-34, is rapidly becoming popular, raising hopes for farmers living in Kasiani upazila in the district.According to Kasiani Upazila Agriculture Office, a total of 223 hectares of land have been brought under sugarcane...

HC orders formation of expert body to analyse, prepare report on deals

GULAM RABBANI | 2024-11-20 12:00:00

The High Court on Tuesday asked the government to constitute a high-powered body comprising internationally acclaimed energy and legal experts for preparing a detailed report based on analysis of all the terms and conditions of the deals signed with the...

HC orders to stop battery-run rickshaws in Dhaka within 3 working days

FE REPORT | 2024-11-20 12:00:00

The High Court on Tuesday ordered the government authorities to stop or to impose restrictions on plying of battery-run rickshaws in Dhaka city within three working days in a bid to reduce road accidents. The concerned authorities include home secretary,...

Two workmen without wearing any safety gears paint the wall of a building sitting

2024-11-20 00:00:00

DICING WITH DEATHTwo workmen without wearing any safety gears paint the wall of a building sitting on the crosspiece of a rope ladder, which may invite a fatal accident at any time leading to death. The photo was snapped from...

Dengue: One more dies

2024-11-20 00:00:00

One more death from dengue was reported in the last 24 hours, bringing the total number of fatalities from the mosquito-borne disease in Bangladesh to 422 this year, reports UNB. The latest death occurred in the Dhaka South City Corporation...

Tk 2.65b liquidity support for 3 troubled banks

FE REPORT | 2024-11-20 00:00:00

Three troubled banks received Tk 2.65 billion more as liquidity support from four affluent banks under the central bank's guarantee scheme, officials said. Under the arrangement, First Security Islami Bank received Tk 500 million, National Bank Tk 650 million and...

People's voting rights need to be safeguarded at any cost

2024-11-20 00:00:00

BNP Acting Chairman Tarique Rahman has said people's voting rights need to be safeguarded at any cost, reports UNB.He stressed that voting rights of people are essential for their political and economic emancipation."We're fighting for the restoration of people's freedom...

NBR strengthens ASYCUDA World System security

FE Report | 2024-11-20 00:00:00

The National Board of Revenue (NBR) has strengthened the security of the Automated System for Customs Data (ASYCUDA) World System in the wake of a password theft in May this year. To enhance the system's overall security and prevent misuse,...

RMG exports to EU log 2.47pc neg growth

Monira Munni | 2024-11-20 00:00:00

Bangladesh's ready-made garment (RMG) exports to the European Union (EU) sustained a 2.47 per cent year-on-year negative growth during the first nine months of 2024.Apparel exports to the EU between January and September fetched 13.43 billion euros compared to 13.77...

Sun rises, not surrounded by darkness

2024-11-20 00:00:00

Finance Adviser Dr. Salehuddin Ahmed described the interim government's success in the macroeconomic sector as a positive step forward on Tuesday, stating that the sun has already risen and is not surrounded by darkness, report agencies. "I think dawn shows...

Defiant transport owners now rush for a business slice

MUNIMA SULTANA | 2024-11-20 00:00:00

Once-defiant transport companies now make a beeline for a slice of the business cake as six-colour bus service under one-route, one-company franchise system begins soon in Dhaka, sources said. As planned for a much-cherished modern mass-transport system to remove chaotic...