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Banks like to leapfrog spot to make forward transaction deals

SIDDIQUE ISLAM | 2025-01-08 00:00:00

Forward transactions may increase under the new exchange- management regime allowing banks a free play to fix exchange rates up to Tk 122 each US dollar in spot transactions.Most of the banks are showing interest in forward transactions instead of...

Quake leaves 126 dead in Tibet

2025-01-08 00:00:00

A devastating earthquake in China's remote Tibet region killed at least 126 people and damaged thousands of buildings on Tuesday, state media reported, with tremors also felt in neighbouring Nepal's capital Kathmandu, parts of India and parts of Bangladesh, reports...

Khaleda sets out to fly for London

2025-01-08 00:00:00

BNP Chairperson Khaleda Zia started for the Hazrat Shahjalal International Airport on Tuesday evening before flying for London for advanced medical treatment by a special air ambulance sent by the Emir of Qatar."Madam (Khaleda) left her Gulshan residence at 8:15...

Time-expired container terminal project now taken for revival

FHM HUMAYAN KABIR AND JAHIDUL ISLAM | 2025-01-08 00:00:00

A tenure-expired container-terminal project, conceived by the ousted regime, is set to be placed today for interim government's seal for revival by almost doubling the time and cost, insiders said Tuesday.Although Bangladesh Inland Water Transport Authority (BIWTA) had failed to...

Weather (2025-01-08)

2025-01-08 00:00:00

Weather may remain mainly dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Wednesday), according to the Met Office. Light to moderate fog may occur at places over the country during...

Home Adviser proposes job for 100 persons injured during uprising

2025-01-08 00:00:00

Home Affairs Adviser Lt Gen (retd) Md Jahangir Alam Chowdhury has proposed offering employment opportunities to 100 individuals injured during the July uprising, reports UNB."This initiative aims to help the injured regain financial stability. While we cannot offer help everywhere...

ACC starts inquiry against Hasina's ex-press secy Nayeemul

FE REPORT | 2025-01-08 00:00:00

The Anti-Corruption Commission (ACC) has launched an inquiry into the allegations of corruption and illegal wealth accumulation against journalist Nayeemul Islam Khan, who was a press secretary to former prime minister Sheikh Hasina, along with his wife and children.ACC sources...

India sends back 90 BD fishermen

OUR CORRESPONDENT | 2025-01-08 00:00:00

CHATTOGRAM, Jan 07: A total of 90 Bangladeshi sailors and fishermen were sent back by India on Tuesday, nearly one month after their detention in the neighbouring country.They were handed over to their families at Patenga in the port city...

Five killed, as train hits bus in Faridpur

2025-01-08 00:00:00

Eight people died in separate road accidents in three districts on Tuesday, report agencies. In Faridpur, five people were killed and four others were injured, as a microbus fell into a pond after being hit by a train on Gerda...

Swechhasebak Dal leader expelled for assaulting Ctg police officer

2025-01-08 00:00:00

CHATTOGRAM, Jan 07 (UNB): The BNP has expelled a leader of the Swechhasebak Dal, the party's volunteers wing, for physically assaulting the former Officer-in-Charge (OC) of Kotwali Police Station under Chattogram Metropolitan Police.The expelled leader, Shahidul Islam Shahid, was the...

Charges filed against Hasina, 15 others

2025-01-08 00:00:00

The International Crimes Tribunal (ICT) on Tuesday received allegation of crimes against humanity against ousted prime minister Sheikh Hasina and 15 others, reports BSS."The then government in 2021 fired indiscriminately at the people who were demonstrating against Indian Prime Minister...

SC starts hearing on Khaleda Zia's appeal against 10-year jail sentence

FE REPORT | 2025-01-08 00:00:00

The Appellate Division of the Supreme Court (SC) on Tuesday started its hearing on an appeal petition filed by BNP Chairperson Begum Khaleda Zia, challenging a High Court verdict that increased her five-year jail term to 10 years in the...

BNP for liberalised economy to ensure level-playing field for businesses

FE REPORT | 2025-01-08 00:00:00

BNP Standing Committee Member Ameer Khosru Mahmud Chowdhury on Tuesday pledged 'a more liberalised and democratic economy' saying that if they are voted into power, they will ensure a level playing field for the business community.Addressing a business delegation of...

CJ inaugurates renovated ICT courtroom

FE REPORT | 2025-01-08 00:00:00

Chief Justice Syed Refaat Ahmed on Tuesday inaugurated the renovated main building and courtroom of the International Crimes Tribunal (ICT) in the capital. This will handle cases filed over mass killings and crimes against humanity committed in July-August 2024. The...

Consist Apparels Ltd earns Platinum LEED certification

2025-01-08 00:00:00

Consist Apparels Limited has become the first RMG factory this year to receive the prestigious Platinum LEED certification, reports BSS.This recognition, awarded by the US Green Building Council (USGBC), underscores the factory's commitment to sustainability through energy efficiency, water conservation,...

RFL HOSTS BEACH CLEANUP PROGRAMME IN COX'S BAZAR

2025-01-08 00:00:00

RFL Group, a leading business conglomerate, organised a 'Beach Cleaning' programme in Cox's Bazar on Tuesday, aiming to promote environmental sustainability and raise public awareness. Over 500 RFL Group officials took part in the event, cleaning garbage along the stretch...

Govt working to simplify businesses further

2025-01-08 00:00:00

Commerce Adviser Sk. Bashir Uddin on Tuesday said that the government is working to further simplify trade and commerce in the country while all practical cooperation would be ensured in this regard, reports BSS.The Commerce Adviser said this at a...

PUBALI BANK, DELTA LIFE INSURANCE LAUNCH BANCASSURANCE

2025-01-08 00:00:00

Pubali Bank recently launched bancassurance with Delta Life Insurance Company at the bank's head office . Monzurur Rahman, chairman of the board of directors, Pubali Bank, participated at the event as chief guest. Mohammad Ali, managing director and chief executive...

Stocks edge down, with no reform measure visible yet

FE REPORT | 2025-01-08 00:00:00

The market ended lower on Tuesday, as stakeholders' meeting with the finance adviser failed to revive investor confidence.Finance Adviser Salehuddin Ahmed held a meeting with the market stakeholders at the Dhaka Stock Exchange (DSE) on Tuesday and discussed the current...

Nazmus Saadat new MD (acting), Social Islami Bank

2025-01-08 00:00:00

Md. Nazmus Saadat recently took charge as managing director (acting) of Social Islami Bank (SIB).Earlier, he served as a deputy managing director (DMD) of the bank, according to a press release.He started his banking journey in 1995 as a probationary...

Akhtar Hossain joins Exim Bank as AMD

2025-01-08 00:00:00

M Akhtar Hossain, who has a banking career of over 36 years, joined EXIM Bank as additional managing director. He held the same post at Shahjalal Islami Bank before joining EXIM Bank, according to a press release.He started his career...

Govt to offer tax benefits to bring in new IPOs: Salehuddin

FE REPORT | 2025-01-08 00:00:00

The interim government will offer tax incentives in the upcoming budget to encourage foreign and family-owned corporations to be listed in the capital market, says Finance Adviser Dr. Salehuddin Ahmed."The government will provide policy support and tax benefits to inspire...

Benapole Customs moves to stop tax evasion

2025-01-08 00:00:00

Benapole Customs House has formed an Investigation, Research and Management (IRM) unit to play an effective role in preserving and securing revenue.Benapole Customs Commissioner issued an office order in this regard on Monday. IRM officers will be considered to be...

Garment tech trade show begins in city today

FE DESK | 2025-01-08 00:00:00

The 22nd edition of Garment Technology Bangladesh (GTB 2025), the largest garment technology trade show in Bangladesh, will open today (Wednesday) along with the 14th edition of the garment accessories & packaging tradeshow, GAP Expo 2025.The four-day trade show will...

IBTRA INTERNSHIP PROGRAMME BEGINS

2025-01-08 00:00:00

Islami Bank Training and Research Academy (IBTRA) inaugurated the 161st internship programme on Tuesday. Obayed Ullah Al Masud, chairman of the bank, inaugurated the programme as the chief guest. Mohammed Monirul Moula, managing director of the bank, presided over the...

MIDLAND BANK AND GRAMEEN DIGITAL HEALTHCARE SOLUTIONS SIGN MOU

2025-01-08 00:00:00

Midland Bank PLC, a prominent Bank, and Grameen Digital Healthcare Solutions, a leading provider of innovative digital healthcare services named 'Shukhee', have signed a Memorandum of Understanding (MOU) to improve healthcare access and delivery in underserved communities. Dr. Ahmed Armaan...

bKash expands microfinance payment services

FE DESK | 2025-01-08 00:00:00

Six more leading microfinance institutions (MFI) have signed agreements with bKash to use installment payment services of bKash for their savings and loan schemes. The new partnerships will allow 0.7 million members of these MFIs to make their payments via...

BEZA focuses on developing five economic zones to attract $5.5b in investments

FE REPORT | 2025-01-08 00:00:00

Bangladesh Economic Zones Authority (BEZA) will prioritise time-bound development of five government-managed economic zones (EZs) over the next two years, aiming to ensure desired industrialisation in the country, its Executive Chairman said on Tuesday."We are officially announcing that we would...

news in brief 2025-01-08

2025-01-08 00:00:00

New hypersonic missile will deter 'rivals': KimSEOUL, Jan 07: North Korea's leader Kim Jong Un said it tested a new hypersonic missile this week aimed at deterring the country's Pacific rivals, state media reported Tuesday, as Washington's top diplomat visited...

Former governor of Bank of Canada mulls campaign to replace Trudeau

2025-01-08 00:00:00

Carney is one of several names to replace Trudeau, along with his former deputy Chrystia Freeland and Transport Minister Anita AnandOTTAWA, Jan 07 (BBC): The former governor of the Bank of Canada and the Bank of England, Mark Carney, says...