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BRAC BANK BRANCH NETWORK POSTS RECORD DEPOSIT GROWTH

2024-10-12 00:00:00

BRAC Bank's branch network achieved a net deposit growth of Tk 20 billion in September 2024, marking the highest single-month deposit growth of any branch network in Bangladesh. This milestone reflects the bank's increasing customer confidence, strong engagement, and robust...

Stocks extend losses for third week

FE REPORT | 2024-10-12 00:00:00

Equity benchmark index lost more ground, extending the losing streak for a third consecutive week, as investor sentiment remains downbeat amid ongoing push for market reforms.Majority of the securities experienced price appreciation this week, but mixed performance of large-cap stocks...

News in Brief -2024-10-12

2024-10-12 00:00:00

Han Kang's books sell out in South Korea after Nobel winSEOUL, Oct 11: Major South Korean bookstores sold out of author Han Kang's books Friday, as sales skyrocketed and the share price of local publishers soared following her historic Nobel...

EU chief says peace Nobel for Nihon Hidankyo sends 'powerful message'

2024-10-12 00:00:00

BRUSSELS (Belgium), Oct 11 (AFP): European Commission President Ursula von der Leyen on Friday welcomed the awarding of this year's Nobel Peace Prize to Nihon Hidankyo, a grassroots organisation of atomic bomb survivors, saying it sent a "powerful message"."The spectre...

20 Pakistan coal miners shot dead in attack

2024-10-12 00:00:00

QUETTA, Oct 11 (AFP): Twenty coal miners were shot dead in an overnight attack by a group of heavily armed men who laid siege to their lodgings in Pakistan's southwestern Balochistan province, police said Friday.Up to 40 attackers fired at...

Clashes on S China Sea, Ukraine dominate Asia summit

2024-10-12 00:00:00

VIENTIANE, Oct 11 (AFP): The United States and its allies clashed on Friday with Russia and China at a summit in Laos dominated by disputes on maritime claims and Ukraine.World leaders descended on the normally tranquil, temple-lined streets of the...

Relations with Iran a 'priority', hails 'close' views

2024-10-12 00:00:00

ASHGABAT, Oct 11 (AFP): Russian President Vladimir Putin said on Friday that relations with Iran were a "priority" for Moscow, after talks with Iranian President Masoud Pezeshkian, saying the two countries had "very close" views of world events."Relations with Iran...

Israeli forces fire at UN position, 22 killed in Beirut strike

2024-10-12 00:00:00

BEIRUT/JERUSALEM, Oct 11 (Agencies): Israeli forces fired at a watchtower used by UN peacekeepers in southern Lebanon on Friday, injuring two, a UN source said, the third day in a row peacekeepers have reported Israeli fire at their positions as...

Oil heads for weekly climb on potential Mideast supply disruption

2024-10-12 00:00:00

LONDON, Oct 11 (Reuters): Oil prices softened on Friday but were set for a second weekly gain as investors weighed the impact of hurricane damage on U.S. demand against any broad supply disruption if Israel attacks Iranian oil sites.Brent crude...

Gold extends gains on rate cut hopes

2024-10-12 00:00:00

Gold rose on Friday after a US inflation data cemented prospects of rate cuts this year, restraining the dollar below recent highs, while safe-haven demand stemming from the geopolitical tensions in the Middle East also lifted bullion, reports Reuters.Spot gold...

Wheat climbs as dry weather, Ukraine war put supply risks in focus

2024-10-12 00:00:00

Chicago wheat extended gains on Thursday as traders assessed whether increased tensions between Russia and Ukraine and persistent dryness in grain production areas around the world may curb global wheat exports, analysts said.Corn and soybean futures tipped down as investors...

Notundhora wins Commonwealth Business Excellence Award 2024

2024-10-12 00:00:00

Notundhora Assets Ltd. achieved Commonweath Business Excellence Award 2024 as the "Best Real Estate Company of the Year". The Award was announced in a ceremony held at Emperors Palace, Johannesburg, South Africa recently. Commonwealth Partnership Summit & Business Excellence Awards...

Market monitoring teams fine traders in city

2024-10-12 00:00:00

Two market monitoring teams under the Ministry of Commerce fined several business establishments Taka 4,500 during separate drives in the city on Friday, reports BSS.A team led by Senior Assistant Secretary of the Ministry of Commerce Fuara Khatun conducted a...

Manipulation involved in rising price of eggs, adviser says

2024-10-12 00:00:00

Fisheries and Livestock Adviser Farida Akhter believes that manipulation may be involved in the recent hike in prices in the egg market.She made the remark while speaking as the chief guest at a World Egg Day event in Dhaka's Khamarbari...

Challenges of combating money laundering

2024-10-12 00:00:00

Money laundering remains a significant challenge in Bangladesh, affecting multiple sectors and hampering the country's economic development. Recent reports suggest that approximately 20 per cent of Bangladesh's international trade is influenced by money laundering activities. This trend poses serious threats...

Navigating challenges in RMG sector

2024-10-12 00:00:00

For several decades, the Ready-Made Garment (RMG) industry has been a leading contributor to Bangladesh's export revenues. Despite remarkable achievements, such as having the highest number of LEED-certified factories globally, the industry continues to face numerous challenges. Political instability within...

Price hike: Symptoms and remedies

Rafeen Huq | 2024-10-12 00:00:00

One of the reasons that prompted the masses to put their weight behind the students' movement against discrimination in July and August this year was the high prices of most essentials. They vented their pent-up anger against the soaring prices...

Rightsizing pride projects

2024-10-12 00:00:00

Development projects, particularly those involving building of big infrastructures, dubbed megaprojects by the media and commenced during the deposed Awami League (AL) government, were in most cases undertaken either to improve the image of those in power or to satisfy...

FTA: the gateway for global market access

Manzur Ahmed | 2024-10-12 00:00:00

After five weeks of bloodshed, pain, fear and heartache, the mass uprising led by the students finally forced the autocratic government to step down as the then Prime Minister Sheikh Hasina fled the country to take shelter in India. The...

Israeli strike on Gaza school kills 28 people

2024-10-11 12:00:00

GAZA, Oct 10 (BBC/AFP/Reuters): At least 28 people have been killed in an Israeli air strike on a school sheltering displaced families in the central Gaza Strip, the Palestinian Red Crescent says.More than 50 others were injured in the attack...

Trimming costs of megaprojects

Syed Mansur Hashim | 2024-10-11 12:00:00

It is astounding to know that cost of some railway megaprojects was overblown by billions of Taka(s). This is what investigation by the present government has revealed. Hence, it comes as no surprise that drastic cuts are now in the...

BCL leader on remand for firing on students

2024-10-11 00:00:00

FENI, Oct 10 (UNB): Shafiqul Islam Samrat, a local Bangladesh Chhatra League (BCL) leader, who was seen in a video footage firing on students during the recent student movement in Feni's Sharshadi union, placed on a four-day remand.Senior Judicial Magis-trate...

Ex-minister Sadhan, ex-MP Mohibur, ex-secretaies Nazibur, Aminul sent to jail

2024-10-11 00:00:00

A Dhaka court has sent former food minister Sadhan Chandra Majumder to jail in a case lodged over the murder of Daffodil International University student Ramij Uddin Rup in the capital's Karwan Bazar area during the recent anti-discrimination student movement,...

Hasina, 65 others sued over attack on Mahmudur Rahman

2024-10-11 00:00:00

KUSHTIA, Oct 10 (UNB): Acting editor of Amar Desh Mahmudur Rahman on Thursday filed a case against 66 people including former prime minister Sheikh Hasina, ex-IGP Mohammad Javed Patwary on charge of attacking him on a court premises in Kushtia...

Fakhrul off to Australia

2024-10-11 00:00:00

 BNP Secretary General Mirza Fakhrul Islam Alamgir has left the country for Canberra, Australia for a weeklong personal visit to see his elder daughter, reports UNB.He departed from Dhaka's Hazrat Shahjalal International Airport on a Singapore Airlines flight at 11:55...

Former data centre director lands in jail

2024-10-11 00:00:00

A Dhaka court has sent Tareque M Barkatullah, former director of the Data Centre, to jail in a case lodged for allegedly selling citizens' National ID (NID) information, reports BSS.Dhaka Metropolitan Magistrate Mehedi Hasan passed the order on Thursday as...

Rizvi surprised at Saber Hossain Chowdhury’s quick bail

FE REPORT | 2024-10-11 00:00:00

Bangladesh Nationalist Party (BNP) senior joint secretary general Ruhul Kabir Rizvi questioned in surprise on Thursday how Awami League leader and former minister Saber Hossain Chowdhury got bail barely within 24 hours of his arrest.He alleged that a total of...

Fair election a must for democracy continuation

2024-10-11 00:00:00

Acting Chairman of Bangladesh Nationalist Party (BNP) Tarique Rahman on Thursday underscored the need for holding fair elections to maintain continuation of democracy, reports BSS."We must hold a free and fair election aiming to keep the country's democracy continued," he...

Weather (2024-10-11)

2024-10-11 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Dhaka, Mymensingh and Sylhet divisions and at one or two places over Rangpur, Rajshahi, Khulna, Barishal and Chattogram divisions with moderately...

HSC results set to be published Oct 15

2024-10-11 00:00:00

The wait for the results of this year's HSC and equivalent exams is set to end on October 15. Students will once again be able to access their scores at educational institutions and online, reports bdnews24.com.On Wednesday, the Dhaka Education...