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A. K. Azad re-elected chair, Shahjalal Islami Bank

2025-01-10 00:00:00

The board of directors of Shahjalal Islami Bank has unanimously re-elected A.K. Azad as chairman in their 389th board meeting on Wednesday.Meanwhile, the board also re-elected Mohammed Younus and Mohiuddin Ahmed as vice chairmen, according to a press release.Mr. Azad,...

HSBC downgrades Indian stocks to 'neutral' on tapering growth, lofty valuations

2025-01-10 00:00:00

HSBC cut its rating on Indian equities to "neutral" on Thursday, joining a growing list of global brokerages that have tempered their bets on Asia's third-largest economy on slowing growth and elevated valuations, reports Reuters.The brokerage slashed its end-2025 target...

Khulna Printing stock price double in 3 weeks

FE REPORT | 2025-01-10 00:00:00

Khulna Printing & Packaging has recently been flying high on the Dhaka Stock Exchange while the company has been enduring losses without any sign of recovery. Its operation has remained suspended for more than three years.It has been producing nothing...

Exchanges should be free to exercise power to delist non-performers

FE REPORT | 2025-01-10 00:00:00

Stockbrokers demand introduction and proper execution of delisting regulations for non-performing companies to ensure qualitative development of the capital market.While listing of well-performing companies will expand the market, there must be a legal framework to remove non-performers from the bourses....

NOVOAIR steps into 13th year

FE DESK | 2025-01-10 00:00:00

NOVOAIR, a leading private airline in Bangladesh, celebrated its 12 years of operation and entered its 13th year on Thursday. On the occasion, NOVOAIR Managing Director Mofizur Rahman extended his gratitude to business partners, passengers, and stakeholders, says a statement....

BRAC Bank partners Akij Logistics for seamless online air ticket payment

2025-01-10 00:00:00

BRAC Bank has signed a payment gateway agreement with Akij Logistics Ltd to facilitate seamless online payment for air ticket purchases for customers holding Visa and MasterCard. Akij Logistics will now be able to accept payments for online air ticket...

Guardian Life teams up with Bangladesh Finance

FE DESK | 2025-01-10 00:00:00

Guardian Life Insurance Limited and Bangladesh Finance Limited have entered into a strategic partnership aimed at delivering state-of-the-art insurance services to customers.As the first step in this collaboration, the two organisations recently signed an agreement that enables Bangladesh Finance customers...

9th Social Business Youth Summit on Feb 1-2

2025-01-10 00:00:00

The 9th Social Business Youth Summit (SBYS) 2025 will be held on February 1-2 at the InterContinental Dhaka, reports UNB.YY Ventures, an incubation and investment social business that supports early-stage entrepreneurs who are fighting carbon emissions, poverty, and unemployment, is...

Turkey seeks to invest in renewable energy

2025-01-10 00:00:00

Turkey has shown a strong interest in investing in Bangladesh's diverse sectors, including renewable energy, automobile manufacturing, pharmaceuticals, information and communication technology, logistics, and construction. This was revealed during a meeting between Turkish Trade Minister Prof Dr. Omer Bolat and...

Hoteliers threaten strike over proposed VAT hike

FE REPORT | 2025-01-10 00:00:00

The Bangladesh Restaurant Owners Association has threatened a nationwide strike if the government does not withdraw its proposal for a hike in value-added tax (VAT) on hotels and restaurants.It made the announcement during a press conference at a city hotel...

BPL T20 Today's Matches (2025-01-10)

2025-01-10 00:00:00

Junior Tigresses beat Sri Lanka by 21 runs to draw series

2025-01-10 00:00:00

A brilliant all-round performance of Jannatul Maoua helped Bangladesh Under-19 Women's team draw the four-match T20 series against hosts Sri Lanka as they secured a 21-run victory in the final game in Colombo on Thursday, reports BSS.The Bangladeshi girls lost...

Sinner begins title defence against Jarry, Sabalenka gets Stephens

2025-01-10 00:00:00

MELBOURNE, Jan 09 (Reuters): Jannik Sinner begins his Australian Open title defence against Nicolas Jarry while women's champion Aryna Sabalenka takes on 2017 US Open winner Sloane Stephens after the draw, opens new tab for the year's first Grand Slam...

Tamim becomes first B'deshi to enter T20's 8,000-run club

2025-01-10 00:00:00

Former captain of the Bangladesh national team and the captain of Fortune Barishal in Bangladesh Premier League (BPL), Tamim Iqbal, reached 8000 runs in T20s as the first Bangladeshi batter, report agencies.The left-handed batter achieved the milestone of 8,000 runs...

Nurul magic keeps Rangpur unbeaten

2025-01-10 00:00:00

With three sixes and three fours, Nurul Hasan struck 30 runs off the last over to lead Rangpur Riders to a thrilling three-wicket win over defending champions Fortune Barishal in the Bangladesh Premier League (BPL) in Sylhet on Thursday, reports...

Three arrested over killing of Trishal bike rider

2025-01-10 00:00:00

The Police Bureau of Investigation (PBI) has revealed the mystery after nine days of the murder of a bike rider at Trishal of Mymensingh district and arrested three suspects for their involvement in the killing, reports BSS.The arrestees was identified...

Road accidents kill six in five districts

2025-01-10 00:00:00

A total of six persons were killed in separate road accidents in Mymensingh,Chattogram, Noakhali, Savar and Cumilla districts on Thursday, reports BSS.In Mymensingh, two persons were killed and one injured while a motorbike hit behind a sand-laden truck at Haluaghat...

Price fall upsets veggie farmers in Rangpur, Lalmonirhat, Magura

2025-01-10 00:00:00

An abrupt and continuous downtrend in the prices of winter vegetables comes as a matter of great disappointment for several thousand farmers in Rangpur, Lalmonirhat and Magura districts this season. Farmers have become frustrated as price of every vegetable has...

Poet of the Forbidden Editorial

Helal Uddin Ahmed | 2025-01-10 00:00:00

An epoch-making poet – enjoying undying popularity among the young Bangladeshis because of his youthful utterances that captivated generations of poetry-lovers – Poet Helal Hafiz (1948-2024) left us for eternity on December 13, 2024.He was most notably the creator of...

Creating opportunities for educated unemployment

2025-01-10 00:00:00

Bangladesh has made remarkable strides in various sectors over the past decades. However, beneath this socio-economic progress, an alarming rise in the number of educated youth remains a major challenge, which may not only hamper economic growth but also undermine...

Drug pricing mechanism

2025-01-10 00:00:00

Drug pricing is a critical issue that affects access to healthcare worldwide. European countries, including the UK, Canada, and Australia, exemplify strong government controls over drug pricing. In the UK, the National Health Service (NHS) and the National Institute for...

It's time to switch to generic prescriptions

Shiabur Rahman | 2025-01-10 00:00:00

The pharmaceutical sector of Bangladesh has achieved quite a success in terms of quality and overseas market penetration. The country exports medicines to over 150 countries with several of the over 250 functional drug manufacturers sending their products even to...

BRICS' potential for changing global economic order

Nilratan Halder | 2025-01-10 00:00:00

With Indonesia joining the BRICS, a platform looking for strengthening South-South Cooperation and setting into motion a new world order, it now accounts for 40 per cent of the world population and 35 per cent of the global gross domestic...

Expanding external audit of banks' assets

2025-01-10 00:00:00

The Bangladesh Bank (BB) has embarked on an important task of getting a true picture of the financial health of some domestic banks. It has started the audit of six troubled Islamic banks in the private sector employing a reputed...

A tale of two regions

Simon Mohsin | 2025-01-10 00:00:00

In late December 2024, North-South University (NSU) became a hub for scholars, policymakers, experts, and students gathered under the banner—”China-South Asia Civilization and Connectivity: History and Contemporary Issues”— an international conference to weave together the threads of history, diplomacy, and...

Philippines reports outbreak of H5N2 bird flu

2025-01-10 00:00:00

PARIS, Jan 9 (Reuters): The Philippines reported an outbreak of highly pathogenic H5N2 bird flu among backyard ducks, the World Organisation for Animal Health (WOAH) said on Thursday.The virus was detected in 15 out of 428 backyard ducks in the...

Gold hits 4-week peak on safe-haven demand

2025-01-10 00:00:00

Gold prices rose to a near four-week high on Thursday, supported by safe-haven demand, while investors weighed how US President-elect Donald Trump's policies would impact the economy and inflation, reports Reuters.Spot gold inched up 0.4 per cent to $2,672.77 per...

Oil prices steady as markets weigh demand against US inventories

2025-01-10 00:00:00

LONDON, Jan 9 (Reuters): Oil prices were little changed on Thursday as investors weighed firm winter fuel demand expectations against large US fuel inventories and macroeconomic concerns.Brent crude futures were down 3 cents at $76.13 a barrel by 1003 GMT....

Six perish in India temple stampede

2025-01-10 00:00:00

NEW DELHI, Jan 09 (AFP): At least six people were crushed to death at a Hindu religious gathering in India, with several more injured, officials said Thursday.A huge crowd had gathered to collect entrance tokens to visit the Sri Venkateswara...

18 gunmen, one soldier killed

2025-01-10 00:00:00

N'DJAMENA, Jan 09 (AFP): Gunmen attempted to storm the presidential complex in Chad's capital N'Djamena on Wednesday, sparking a battle that left 18 attackers and one security personnel member dead, the government said.AFP reporters heard gunfire near the site and...