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NCC BANK RECEIVES 'REMITTANCE AWARD'

2025-01-07 00:00:00

NCC Bank received the 'Remittance Award' from the Ministry of Expatriates' Welfare and Overseas Employment in recognition of its exceptional performance in facilitating remittance collection during the fiscal year 2023-24. Md. Mahbub Alam, Deputy Managing Director of NCC Bank, received...

DHAKA BANK TO COLLECT TAX, LICENCE FEES FOR DSCC

2025-01-07 00:00:00

Dhaka Bank on Monday launched holding tax and trade licence fee collection services for the Dhaka South City Corporation (DSCC) at Nagar Bhaban in the capital. Deputy Managing Director Sheikh Abdul Bakir of the bank, and DSCC Chief Executive Officer...

MEGHNA GROUP OF INDUSTRIES CELEBRATES 50TH ANNIVERSARY

2025-01-07 00:00:00

Meghna Group of Industries (MGI) on Sunday celebrated its 50th anniversary at its head office in the capital's Gulshan. The programme was live-streamed via video conference at MGI's different factories and offices. MGI offices, factories, and depots nationwide were decorated...

BIDA launches new version of OSS portal

2025-01-07 00:00:00

The Bangladesh Investment Development Authority (BIDA) launched the new version of its One-Stop Service (OSS) portal on Sunday, reports BSS.The updated version incorporates several key features to enhance service delivery, making it easier and more transparent for investors, said a...

Prepare roadmap to boost regional trade

2025-01-07 00:00:00

Commerce Adviser Sk Bashir Uddin on Monday urged the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) to prepare a roadmap to double regional trade, reports BSS."Increasing trade among partner countries, especially mutual understanding among businessmen in...

Bhomra land port earns Tk 162.4m revenue in H1

2025-01-07 00:00:00

KHULNA, Jan 6 (UNB): Bhomra land port in Satkhira has posted an impressive revenue of Tk 162.4 million from the export of various products to India in the first half of fiscal year 2024-25, according to the National Board of...

Digital banking transactions see steady growth

2025-01-07 00:00:00

Transactions through digital and paperless banking system are gradually increasing in the country, with an expansion of the prevalence of ATMs, POS terminals and CRMs, reports BSS.Despite the challenges posed by the July-August uprising of 2024, transactions through Automated Teller...

BIFC shows signs of dying: Auditor

FE REPORT | 2025-01-07 00:00:00

The auditor of Bangladesh Industrial Finance Company (BIFC) issued a warning about the risk facing the business as its key financial indicators have been in the negative for more than a decade.The cumulative loss of the scam-hit non-bank financial institution...

Lawlessness in industries impacting banks' cash flow: BAB chief

JUBAIR HASAN | 2025-01-07 00:00:00

Lawlessness in industrial hubs has emerged as a major challenge for the economy, badly impacting cash flow to the banking sector, says Abdul Hai Sarker, newly appointed chairman of the Bangladesh Association of Banks (BAB). In an exclusive interview with...

The urgent need for a global AI governance framework

Manmohan Parkash | 2025-01-07 00:00:00

Artificial Intelligence (AI) is no longer a futuristic concept; it’s here, transforming every aspect of our lives. From life-saving medical diagnoses and personalised education to autonomous vehicles and financial algorithms, AI promises unprecedented benefits. However, with these benefits come significant...

Urban life amid gas crisis

2025-01-07 00:00:00

The absence of gas for cooking causes serious problems for thousands of people every day. In addition to interfering with day-to-day activities, this issue has wider economical effects. Inadequate pipelines, irregular maintenance, and a lack of gas supply are the...

Dhaka's unclean street food spots

2025-01-07 00:00:00

Dhaka city's vibrant street food culture is a joy for many. But its aftermath leaves much to be desired. Streets are littered with garbage, and the lack of waste management by street food hawkers is alarming. This is an urgent...

Blocking sun to fight climate change

Syed Fattahul Alim | 2025-01-07 00:00:00

To retard the process of human-induced global warming, the concerned UN bodies have been working hard to prevail upon nations to limit their levels of carbon emission. But despite commitments and promises from the main contributors to global warming, cooperation...

Cryptocurrencies in Bangladesh: a growing shadow economy

Mir Md Tasnim Alam | 2025-01-07 00:00:00

Cryptocurrencies like Bitcoin and Ethereum have introduced a transformative way of handling money, offering a decentralized, digital alternative to traditional currencies. Built on blockchain technology, these virtual currencies use cryptography for secure transactions, making them resistant to manipulation by central...

Minimising road, railway and waterway accidents

2025-01-07 00:00:00

The 2024 statistics of accidents on roads, railways and waterways, as presented by the Passenger Welfare Association of Bangladesh (PWAB), makes it clear that the safety of commuting or travelling irrespective of the modes of transportation is getting increasingly compromised....

Gender justice and social inclusion in Bangladesh

Matiur Rahman | 2025-01-07 00:00:00

Gender justice and social inclusion are integral components of a progressive society that aspires to ensure equality, equity, and dignity for all individuals. In Bangladesh, a country with rich cultural traditions and a diverse population, these concepts have become increasingly...

Technical malfunction again lays bare IT inadequacy of DSE

FE REPORT | 2025-01-06 12:00:00

A technical glitch that delayed the opening of the Dhaka Stock Exchange (DSE) by one and a half hours on Sunday exposed once again the weak IT infrastructure of the prime bourse. Trading began at 11:30am and continued until 3:00pm,...

Police are bound to serve people

FE REPORT | 2025-01-06 00:00:00

Dhaka Metropolitan Police (DMP) additional commissioner (Crime and Operations) S N Md Nazrul Islam said on Sunday that people have the rights to get services and police are bound to serve the people. He made the observation while addressing a...

Govt's top priority is to bring back Sheikh Hasina

FE REPORT | 2025-01-06 00:00:00

The government's top priority is to bring back deposed Sheikh Hasina to face trial for her alleged crimes, Chief Adviser's Press Secretary Shafiqul Alam said on Sunday."We have sent a note verbale (to India) requesting her extradition and will persist...

KSA revises fees for visa, Iqama renewals

2025-01-06 00:00:00

The Saudi Ministry of Interior's Absher Business platform has updated fees for seven services available to establishments.The fee for extending an exit and reentry visa has been revised to SR103.5. The renewed fees for residency permit (Iqama) renewals and final...

BB seeks stakeholders' suggestion

2025-01-06 00:00:00

Bangladesh Bank (BB) has sought stakeholders' suggestion or opinion to formulate the Monetary Policy Statement (MPS) for the second half of the current fiscal year 2024-25 (H2FY25), reports BSS."This is to inform you all that Bangladesh Bank is going to...

Malaysia turns back boats carrying 300 Myanmar migrants

2025-01-06 00:00:00

Malaysia's coast guard escorted away from its waters two boats carrying almost 300 undocumented Myanmar migrants found in a state of exhaustion for lack of food and water, a top agency official said.Authorities gave the migrants food supplies and clean...

RMG workers block highway in Gazipur

2025-01-06 00:00:00

Gazipur, Jan 5 (UNB): Workers of a garment factory staged a demonstration on Sunday on Chandra-Nabinagar highway in Gazipur, demanding a wage increase.The authorities of 15 factories declared holiday fearing further trouble.Workers and locals said workers of Irish Fashion Ltd...

Eminent economist and Tagore exponent Prof Anisur Rahman passes away

2025-01-06 00:00:00

Professor Anisur Rahman, eminent Bangladeshi educator-researcher and Tagore exponent, passed away on Sunday in a Dhaka hospital at the age of 91, reports UNB.The former Professor and Chairman at the Department of Economics at Dhaka University and a member of...

SC upholds HC verdicts scrapping 4 extortion cases against Tarique

FE REPORT | 2025-01-06 00:00:00

The Appellate Division of the Supreme Court on Sunday upheld the High Court verdicts that scrapped four extortion cases filed against BNP acting chairman Tarique Rahman during the regime of the military-backed caretaker government in 2007. A four-member bench of...

Court summons two more investigation officers

FE REPORT | 2025-01-06 00:00:00

A Dhaka court on Sunday summoned two more investigation officers of 13 corruption cases filed over BASIC Bank loan scams. They will explain whether the bank's board of directors was involved in the scams. The officials are Anti-Corruption Commission's deputy...

Tax fair with green approach draws greater attention

DOULOT AKTER MALA | 2025-01-06 00:00:00

An innovative digital tax fair in Tax Zone-15 has garnered significant attention for its eco-friendly approach, marking a first in the country's tax offices.This event, held in a zone dedicated to Bangladesh Bank (BB) officials and the Information Technology Enabled...

Students of Rajarbagh School and College in Dhaka

2025-01-06 00:00:00

Students of Rajarbagh School and College in Dhaka city hold new textbooks on Sunday. Books for different classes are being distributed across the country in phases. — FE Photo by Asad-Uz-Zaman

CA witnesses army manoeuvre exercise in Rajbari

2025-01-06 00:00:00

Chief Advisor Prof. Dr. Muhammad Yunus on Sunday witnessed the manoeuvre exercise of an infantry brigade at Rajbari Military Training Area.Bangladesh Army's 55 Infantry Division organized the event on the occasion of Army Maneuver Exercise 2024-25, an ISPR release said,...

Prayer Timings (2025-01-06)

2025-01-06 00:00:00