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Inward remittance thru MFS surges 95pc in October

2024-12-28 00:00:00

Bangladesh's migrant workers sent home Tk 11.02 billion (1,102.22 crore) in remittances through mobile financial service (MFS) providers in October 2024, according to Bangladesh Bank (BB) data, reports BSS.This figure represents a remarkable 95.22 per cent year-on-year (YoY) increase from...

REHAB Fair fetches Tk4.0b

FE REPORT | 2024-12-28 00:00:00

Properties such as apartments, plots, and commercial spaces worth over Tk 4.0 billion were sold or booked at this year's five-day REHAB Fair, which concluded on Friday. Out of the total figure, flats were sold and booked for Tk 2.3...

Bangladesh starts marketing world-class Sedan cars at affordable prices

2024-12-28 00:00:00

With a view to making cars more affordable for local consumers, Bangladesh has started marketing the world-class, brand-new Sedan cars.To bring diversification to the automobile industry, the state-run top automobile company, Pragati Industries Limited (PIL), has started the assembling and...

S Korea's Shinsegae to set up joint venture with Alibaba

2024-12-28 00:00:00

SEOUL, Dec 27 (Reuters): South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday.The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce...

Asia-Pacific markets mixed ---

2024-12-28 00:00:00

Asia-Pacific markets were mixed Friday, as some markets return from the Boxing Day holiday and investors assessed economic data from the region, reports CNBC.China's industrial profits extended declines to a fourth straight month, dropping 7.3 per cent in November from...

Dollar set for big annual gain as traders brace for high US rates

2024-12-28 00:00:00

LONDON, SINGAPORE Dec 27 (Reuters): The US dollar was headed for an almost 7 per cent annual gain while Japan's yen was set for a fourth consecutive year of losses on Friday, as traders anticipated robust US growth would make...

Global equity funds regain inflows on US inflation relief

2024-12-28 00:00:00

Global equity funds witnessed sharp inflows in the week through December 25, rebounding from significant net sales the previous week, buoyed by a benign US inflation report and relief that Washington had averted a government shutdown, which restored investor confidence...

BRAC BANK, NSU SIGN DEAL ON ADVANCED CASH MANAGEMENT SOLUTION

2024-12-28 00:00:00

BRAC Bank has partnered with North South University (NSU) to deliver advanced cash management solutions. Through this innovative alliance, BRAC Bank will implement a cutting-edge tuition fee collection system for NSU via the Universal Collection Platform. This partnership was formalised...

Stocks stumble as macroeconomic uncertainty weighs on investors

FE REPORT | 2024-12-28 00:00:00

The benchmark equity index stumbled in the holiday-shortened week, following a strong rebound the previous week as ongoing macroeconomic uncertainty continues to keep investors on the sidelines, contributing to the market's lackluster performance. Market analysts noted that investors remained largely...

Life may be short but the art of living can make it rewarding

Nilratan Halder | 2024-12-28 00:00:00

"Ars longa vita brevis" is a saying by history's most famous physician, Hippocrates of Greece. Translated into English, it stands as "Art is long, life is short". Here is a proverb that highlights the universal truth of art's enduring nature...

Bosch gives SA 90-run lead against Pakistan

2024-12-28 00:00:00

CENTURION, Dec 27 (AFP): Debutant fast bowler Corbin Bosch, batting at number nine, hit an attacking 81 not out and took South Africa to a 90-run first-innings lead on the second day of the first Test against Pakistan at SuperSport...

Injured Halep withdraws from Australian Open

2024-12-28 00:00:00

MELBOURNE, Dec 27 (AFP): Two-time Grand Slam champion Simona Halep on Friday pulled out of Australian Open qualifying and a warm-up tournament in Auckland citing pain in her knee and shoulder.The former world number one, who is working to re-establish...

Iran football body summons player after hugging female fan

2024-12-28 00:00:00

TEHRAN, Dec 27 (AFP): Iranian football's ethics body has summoned a professional player after he hugged a female fan prior to a match in the domestic league, local media reported."The ethics committee of the Football Federation of Iran has summoned...

Liverpool's English midfielder Curtis Jones celebrates scoring the team's second goal

2024-12-28 00:00:00

Liverpool's English midfielder Curtis Jones celebrates scoring the team's second goal during the English Premier League football match between Liverpool and Leicester City at Anfield in Liverpool on Thursday. — AFP

Rybakina makes winning start at United Cup

2024-12-28 00:00:00

PERTH, Dec 27 (AFP): World number six Elena Rybakina led Kazakhstan to a 2-1 defeat of Spain on Friday, as the former Wimbledon champion made a winning start to the season at the United Cup mixed-team event.The All England Club...

BGB, Ansar retain V-Day Handball title -

2024-12-28 00:00:00

Border Guard Bangladesh (BGB) in men's section and Bangladesh Ansar and VDP in women's section retained title of Victory Day Handball competition beating their respective rivals in the finals held at Shaheed Captain M Mansur Ali National Handball Stadium on...

Murshida hits ton in Central Zone's strong reply

2024-12-28 00:00:00

Opener Murshida Khatun struck a 122 not out to become the fourth female batter to hit a first class century as her side Central Zone made a strong reply to East Zone on Day 2 of the second round game...

Navy to face Players WFU, Air Force to play BKSP today

2024-12-28 00:00:00

Both semifinals of the Paragon Group Victory Day Hockey Tournament will be held at the Maulana Bhashani Stadium in Dhaka today (Saturday), reports UNB.Bangladesh Navy will play the first semifinal against Hockey Players Welfare Unity at 12:30 pm, while Bangladesh...

V-Day Tennis meet inaugurated

2024-12-28 00:00:00

Shahjalal Islami Bank Victory Day Tennis competition inaugurated on Friday at National Tennis court complex in the capital, reports BSS.Abdul Hai Sarkar, chairman of Purbani Group and president of Bangladesh Tennis Federation (BTF) formally inaugurated the eight-day meet, which is...

BCB names squad for U19 Women's T20 World Cup

2024-12-28 00:00:00

The Bangladesh Cricket Board (BCB) on Thursday announced the squad for the ICC U19 Women's T20 World Cup 2025, reports UNB.Prior to the event, the Bangladesh Under-19 side will play four U19 T20 matches in Sri Lanka against the hosts...

Smith's heroics put Australia in charge of fourth Test

2024-12-28 00:00:00

MELBOURNE, Dec 27 (AFP): Australia's fiery pace attack destroyed India's top order on Friday to put them in the driving seat of the fourth Test after they set a daunting first innings target on the back of Steve Smith's 34th...

Dhaka Mohammedan maintain solo lead with all-win record

2024-12-28 00:00:00

Dhaka Mohammedan Sporting Club (MSC) maintained solo lead with all-win record in the 10-team Bangladesh Premier League (BPL) Football, beating Fortis Football Club by 1-0 goal at the Shaheed Dhirendranath Dutta Stadium in Cumilla on Friday, reports UNB.Nigerian forward Emmanuel...

Bodies of about 100 Kurdish women, children found in Iraq mass grave

2024-12-28 00:00:00

TAL AL-SHAIKHIA (Iraq), Dec 27 (AFP): Iraqi authorities are working to exhume the remains of around 100 Kurdish women and children thought to have been killed in the 1980s under former Iraqi ruler Saddam Hussein, three officials said.The grave was...

China’s Xi Jinping to visit Russia in 2025

2024-12-28 00:00:00

BEIJING, Dec 27 (Reuters): China's President Xi Jinping will visit Russia in 2025, Russia's state-run RIA news agency quoted Moscow's ambassador to Beijing as saying early on Friday."As for concrete bilateral events, I can say that the appropriate plans are...

People on crashed Azerbaijani plane say they heard bangs before it went down

2024-12-28 00:00:00

BAKU, Dec 27 (Reuters): Two passengers and one crew member on the Azerbaijan Airlines plane that crashed in Kazakhstan told Reuters that they heard at least one loud bang as it approached its original destination of Grozny in southern Russia.Flight...

Scientists observe ‘negative time’ in quantum experiments

2024-12-28 00:00:00

TORONTO, Dec 27 (AFP): Scientists have long known that light can sometimes appear to exit a material before entering it -- an effect dismissed as an illusion caused by how waves are distorted by matter.Now, researchers at the University of...

US condemns HK bounties, passport revocations for democrats

2024-12-28 00:00:00

WASHINGTON, Dec 27 (Reuters): The US State Department said that Hong Kong's (HK) ofered bounties for six more pro-democracy campaigners who were deemed to have violated national security laws and the revoking of the passports of seven more amounted to...

Nasa makes history with closest-ever approach to Sun

2024-12-28 00:00:00

WASHINGTON, Dec 27 (BBC): A Nasa spacecraft has made history by surviving the closest-ever approach to the Sun.Scientists received a signal from the Parker Solar Probe just before midnight EST on Thursday (05:00 GMT on Friday) after it had been...

NATO to boost military presence in Baltic after cables 'sabotage'

2024-12-28 00:00:00

BRUSSELS, Belgium, Dec 27 (AFP): NATO will bolster its military presence in the Baltic Sea after the suspected sabotage of an undersea power cable linking Finland and Estonia this week, the Western military alliance's chief Mark Rutte said on Friday.On...

Gaza death toll nears 45,400 as Israel kills 23 Palestinians

2024-12-28 00:00:00

CAIRO/JERUSALEM, Dec 27 (Reuters): Israeli forces on Friday raided the Kamal Adwan Hospital, one of three medical facilities on the northern edge of the Gaza Strip, torching large sections and ordering dozens of patients and hundreds of others to leave,...