Five more deaths were reported from dengue in 24 hours till Tuesday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 193 this year. During the period, 981 more patients were hospitalised with viral fever, according...
FE REPORT | 2024-10-09 00:00:00
Saber Hossain Chowdhury, a former Awami League (AL) lawmaker and former minister of the Ministry of Environment, Forests and Climate Change, was freed from jail on Tuesday after securing bail in all six cases filed against him.Considering his bail petitions,...
FE REPORT | 2024-10-09 00:00:00
A Dhaka court on Tuesday summoned Tapashee Tabassum Urmi, the suspended assistant commissioner of Lalmonirhat district administration, in a case filed over her "derogatory remarks" about Abu Sayed, who was killed in police firing during the Anti-Discrimination Mass Movement on...
FE REPORT | 2024-10-09 00:00:00
Public Service Commission (PSC) Chairman Sohrab Hossain and 12 other members of the constitutional body have stepped down from their posts amid a call from coordinators of the anti-discrimination student movement.They submitted resignation letters to the President, PSC communications officer...
Durga Puja, the biggest religious festival of the Bangalee Hindu community, will be celebrated at 31,461 puja mandaps across the country including 252 in the capital. This information was disclosed at a press conference at Dhakeshwari National Temple in the...
STOCKHOLM, Oct 8 (AFP) : American John Hopfield and British-Canadian Geoffrey Hinton won the Nobel Prize in Physics on Tuesday for pioneering work in the development of artificial intelligence.The pair were honoured "for foundational discoveries and inventions that enable machine...
FE REPORT | 2024-10-09 00:00:00
The Anti-Corruption Commission (ACC) has initiated an inquiry into Mujibul Haque, former Railway Minister and former Member of Parliament (MP) for Cumilla-11, and A K M Bahauddin, former MP for Cumilla-6.The inquiry also includes two others: Tahsin Bahar Shuchona, Bahauddin's...
FE REPORT | 2024-10-09 00:00:00
The Islamic banking (IB) and financial institutions sector in Bangladesh witnessed a cruel mischief over the past several years, causing its present sorry state.Islamic banks, which once remained in a strong position in the country, have now landed in a...
FE REPORT | 2024-10-09 00:00:00
The Bangladesh Purchasing Managers' Index (PMI) for September 2024 increased by 6.2 points to 49.7 from the previous month's 43.5, showing signs of slight improvements in the overall economy.This rise reflects a slower pace of contraction across key sectors such...
FE REPORT | 2024-10-09 00:00:00
The government has given permission to import 45 million eggs in a bid to ease the overheated market of the widely consumed item.Meanwhile, the Bangladesh Trade and Tariff Commission (BTTC) has suggested withdrawal of the existing import duty on egg...
FE REPORT | 2024-10-09 00:00:00
The government took special measures for smooth and peaceful celebrations of the Durga Puja by the Hindu community and the Chibor Daan festival by the Buddhist community, Deputy Press Secretary to the Chief Adviser Apurba Jahangir told a press briefing...
JUBAIR HASAN | 2024-10-09 00:00:00
Troubled banks cannot be sustainably revived by only giving some money to improve the liquidity of the crisis-ridden commercial lenders, says the new chief of bankers and suggests a holistic remedy through coordinated actions.The newly made chairman of the Bangladesh...
SIDDIQUE ISLAM AND JUBAIR HASAN | 2024-10-09 00:00:00
Bangladesh's current-account balance returned into green zone in August, after months of negativity, mainly as lower import expenses and higher inflow of remittances tipped the balance up, officials said.The country recorded a current-account surplus of US$111 million during the July-August...
FHM HUMAYAN KABIR | 2024-10-09 00:00:00
Massive fund cuts are likely from three ongoing railway megaprojects as the incumbent interim government finds their bloated estimation done by the deposed Sheikh Hasina administration, officials said Tuesday.An amount of some Tk 91.00 billion is likely to be slashed...
LISBON, Oct 8 (Reuters): Chinese lithium producers are flooding the global market with the critical metal and causing a "predatory" price drop as they seek to eliminate competing projects, a senior US official said on a visit to Portugal that...
PARIS/SINGAPORE, Oct 8 (Reuters): Chicago soybeans and corn eased on Tuesday as brisk US harvest progress and forecasts for rain in drought-hit Brazilian crop belts bolstered expectations of abundant global supplies.Wheat edged down as weakness in corn and soy countered...
JAKARTA, Oct 8 (Reuters): Malaysian palm oil futures fell on Tuesday on profit-taking, while declines in Chicago soyoil and crude oil prices added further pressure to the benchmark contract.The benchmark palm oil contract for December delivery on the Bursa Malaysia...
Social Islami Bank held its 395th Executive Committee (EC) meeting at the bank's head office on Tuesday. Maksuda Begum, Chairman of the committee, presided over the meeting. Prof Dr. M. Sadiqul Islam, Chairman of the bank, Mohammad Forkanullah, Managing Director...
Pragati Life Insurance Limited received the Best Corporate Governance Award in the life insurance company category at the 11th ICSB National Award ceremony. This prestigious recognition, presented by the Institute of Chartered Secretaries of Bangladesh (ICSB), highlights the company's commitment...
OUR CORRESPONDENT | 2024-10-09 00:00:00
CHATTOGRAM, Oct 08: A 21-member committee of Bangladesh Public Relation Association's Chattogram unit was announced on Tuesday. Osman Gani Chowdhury (Media Advisor, GPH Ispat Ltd) and Saif Uddin Ahmed Saki (ex-public relations officer of Chattogram City Corporation) were elected president...
FE REPORT | 2024-10-09 00:00:00
The securities regulator on Tuesday held a meeting with the representatives of three top conglomerates to inspire the listing of their companies in a bid to enhance the depth of the capital market.The chairman of the Bangladesh Securities and Exchange...
Italy has assured Bangladesh that it will clear 20,000 pending visa applications for Bangladeshi nationals by December, said Foreign Adviser Md. Touhid Hossain said on Tuesday, reports BSS. "As many as 20000 (visa) cases were cleared from Rome, but the...
Mutual Trust Bank (MTB) was recognised with the "Most Innovative Women Empowerment Initiatives - Banking - Bangladesh 2024" award by Women's Tabloid, for its impactful and innovative women empowerment project.This flagship initiative under the bank's Corporate Social Responsibility was launched...
BRAC Bank has entered into a new partnership with Radisson Blu Chattogram Bay View, a hotel under the Radisson Hotel Group. This partnership will enable the Premium Banking Plus customers to enjoy complimentary benefits at the hotel during special occasions,...
Southeast Bank on Tuesday elected Rehana Rahman as the vice chairperson of the bank in its 744th board meeting held on 8 October 2024.Rehana Rahman, a prominent female entrepreneur in Bangladesh, held various key roles across several organisations, according to...
BABUL BARMAN | 2024-10-09 00:00:00
The bond market plays a crucial role for economic development and has the potential to replace banks for long-term financing, but Bangladesh is yet to tap into the alternative source of funds, said UCB Investment chief.In a recent interview with...
MOHAMMAD MUFAZZAL | 2024-10-09 00:00:00
Some regulatory actions, though mostly hailed as corrective measures, caused the market to take a U-turn to a persistent decline. Market experts say it is the doing of a handful of influential people who have been penalized. In the last...
PepsiCo cut its forecast for annual sales growth on Tuesday as picky consumers in North America limit their spending on savory snacks and sodas, while opting for cheaper private-label brands, reports Reuters.The packaged food giant now expects fiscal 2024 organic...
Trust Bank PLC has opened its new sub-branch at Dewanhat, Chattogram. Ahsan Zaman Chowdhury, Managing Director of the bank, inaugurated it recently. Renowned businessmen, industrialists, local dignitaries, and senior officials of the bank attended the programme.
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