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Calm prevails at Ijtema ground

2024-12-20 00:00:00

GAZIPUR, Dec 19 (UNB): The government has taken full control of Tongi's Biswa Ijtema ground in Gazipur following deadly clashes between two factions of Tabligh Jamaat that left four people dead and over 50 injured.Members of the army, Border Guard...

Govt prioritises timely textbook distribution: Education adviser

2024-12-20 00:00:00

Education Adviser Wahiduddin Mahmud has said ensuring the timely printing, binding, distribution, and supply of textbooks is one of the government's top priorities, reports UNB.He came up with the remarks while speaking at a progress review meeting on textbook-related activities...

ICT orders to end probe against eight police officials within two months

2024-12-20 00:00:00

The International Crime Tribunal (ICT) has ordered the authorities concerned to complete investigation against eight police officials within the next two months for their alleged involvement in the crimes against humanity, reports BSS.The three-member panel of the tribunal headed by...

Adviser asks BRTA to improve capital’s traffic situation, air quality in a month

FE REPORT | 2024-12-20 00:00:00

Bangladesh Road Transport Authority (BRTA) has been given a deadline of one month to improve its services being the highest authority in the transport sector following continuous deterioration in the city's traffic jam and air quality.Power, Energy and Mineral Resources,...

BD seeks roadmap for Rohingya repatriation

FE REPORT | 2024-12-20 00:00:00

The transitional government has sought a clear roadmap for the repatriation of the Rohingya refugees to their homeland in the Rakhine state of Myanmar.Bangladesh has been housing more than 1.3-million displaced Rohingya members who fled their homes in the face...

Ex-Bogura-6 MP Ripu arrested in Netrakona

2024-12-20 00:00:00

The Rapid Action Battalion (RAB) has arrested former lawmaker from Bogura-6 constituency Ragibul Hasan Ripu from Netrakona district, reports BSS.A team of RAB arrested Ripu from Mohanganj municipality area in Netrokona district on Wednesday night.RAB in a short message confirmed...

Muktijoddha Dal's rally postponed due to Khaleda Zia's illness

2024-12-20 00:00:00

Jatiyatabadi Muktijoddha Dal has postponed its planned gathering of freedom fighters, initially scheduled for today (Saturday), due to the illness of BNP Chairperson Khaleda Zia, reports UNB.BNP Secretary General Mirza Fakhrul Islam Alamgir came up with the announcement while speaking...

Next polls will be peaceful, free from political interference

2024-12-20 00:00:00

RANGPUR, Dec 19 (BSS): Electoral System Reform Commission chief Dr Badiul Alam Majumder has said next elections will be held in a peaceful manner and in an environment free from political interference. "Free, fair, impartial and peaceful elections will be...

Break market syndicates to rein in commodity prices: Ganatantra Mancha

2024-12-20 00:00:00

Leaders of the Ganatantra Mancha, an alliance of six political parties, have urged the government to bring the commodity prices under people's purchasing power by breaking the business syndicates, reports BSS.They made the call while speaking at a press conference...

Continue struggle to protect country's independence

FE REPORT | 2024-12-20 00:00:00

Bangladesh Nationalist Party (BNP) acting chairman Tarique Rahman said on Thursday that the aim of their present struggle is to defend the country's independence and sovereignty.To win that struggle, all have to put effort continuously, he said.He made the comments...

German consumer confidence improves into new year

2024-12-20 00:00:00

BERLIN, Dec 19 (AFP): German consumers are heading into 2025 feeling slightly more confident, a key survey showed Thursday, but morale remained low as Europe's largest economy looked stuck in stagnation.The forward-looking indicator, published by pollsters GfK and the Nuremberg...

Inflation 'worrying' but Russian economy 'stable': Putin

2024-12-20 00:00:00

MOSCOW, Dec 19 (AFP): Russian President Vladimir Putin on Thursday acknowledged concerns over high inflation, but insisted the economy was "stable" in the face of external threats.Russia's central bank is set to hike interest rates on Friday in its latest...

Iran lawmakers to summon economy minister over currency woes

2024-12-20 00:00:00

TEHRAN, Dec 19 (AFP): Iranian lawmakers will summon the economy minister for questioning over a record slump of the local currency against the dollar, local media reported on Thursday.The Iranian rial was trading at around 770,000 against the US dollar...

Yen drops as BoJ maintains key interest rate

2024-12-20 00:00:00

TOKYO, Dec 19 (AFP): The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat for the currency that came after the Federal Reserve forecast fewer rate cuts.The BoJ said after a...

Modhumoti Bank PLC organises virtual confce

2024-12-20 00:00:00

Modhumoti Bank PLC organised an 'Anti Money Laundering & Combating Terrorist Financing Conference -2024' for MMBPLC Agents and Agent Banking Officials at the bank's head office in the city on Wednesday. Md Shafiul Azam, Managing Director & CEO of the...

First Security Islami Bank holds executive dev programme

2024-12-20 00:00:00

First Security Islami Bank PLC has organised a executive development programme at the bank's head office recently. Mohammad Abdul Mannan, Chairman of the bank, was present as the chief guest in the programme. Md Azizur Rahman, Vice Chairman, Syed Waseque...

Sonali Bank arranges view exchange meeting

2024-12-20 00:00:00

Sonali Bank PLC arranged a view exchange meeting with its high officials to recover classified loans, write off loans and disbursement of new loans at its head office in the city on Thursday. MD & CEO of the bank Md...

MJL Bangladesh PLC holds 26th AGM

2024-12-20 00:00:00

The 26th Annual General Meeting (AGM) of MJL Bangladesh PLC (MJLBPLC) was held on a virtual platform on Thursday. Shareholders of the company approved a 52 per cent cash dividend. The meeting was presided over by Abdul-Muyeed Chowdhury, Chairman, MJLBPLC....

IFIC Bank holds seminar on Financial Literacy

2024-12-20 00:00:00

IFIC Bank PLC, in collaboration with the Jagannath University Marketing Alumni Association (JUMMA), has conducted a seminar on 'Financial Literacy and Banking Careers' at the central auditorium of the Jagannath University recently. Fariha Haider, Head of Centralised Retail Marketing Department...

National Bank’s services to remain suspended

2024-12-20 00:00:00

National Bank Limited has received approval to temporarily suspend all banking services to facilitate a seamless migration to a new core banking software system, reports BSS.To this end, Bangladesh Bank issued a circular on Thursday.According to the circular, all banking...

Collective effort needed to build resilient capital market in BD

2024-12-20 00:00:00

Institute of Chartered Secretaries of Bangladesh (ICSB) organised a seminar titled "Strengthening Governance Framework-Way Forward to a Vibrant Capital Market" at the IDEB Bhaban in the city on Wednesday. Md Mohsin Chowdhury, Commissioner, Bangladesh Securities and Exchange Commission (BSEC), attended...

Health, wellness digital toolkit for RMG workforce launched

2024-12-20 00:00:00

AYAT Education, in partnership with Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the John C. Martin Foundation, and Integral Global, officially launched the Health and Wellness Digital Toolkit for Bangladesh's Ready-Made Garment (RMG) workforce at the BGMEA head office in...

Fed's hawkish tilt has emerging markets scurrying to save currencies

2024-12-20 00:00:00

MUMBAI/SINGAPORE, Dec 19 (Reuters): Central banks from Brazil to Indonesia scrambled to defend their struggling currencies on Thursday, hours after the Federal Reserve jolted markets by indicating it may not cut rates by much next year.The Fed's tacit acknowledgement of...

ISLAMI BANK INAUGURATES MODHUBAG SUB-BRANCH

2024-12-20 00:00:00

Islami Bank Bangladesh inaugurated its Modhubag sub-branch under its Mouchak branch in the capital on Thursday. Mohammed Monirul Moula, managing director of the bank, inaugurated the sub-branch as the chief guest. Mahmudur Rahman, deputy managing director, presided over the programme...

Nazia Kabir first female independent director of Prime Bank

2024-12-20 00:00:00

Nazia Kabir, an advocate at the High Court Division of the Supreme Court of Bangladesh, and partner at legal advisory firm 'Syed Ishtiaq Ahmed & Associates' recently joined the board of directors of Prime Bank as its first female independent...

Trust Bank to invest more in MFS subsidiary

FE REPORT | 2024-12-20 00:00:00

Trust Bank has decided to invest Tk 312.5 million to strengthen its position in the rapidly growing mobile financial services industry, aiming to capture a bigger market share. The listed private commercial bank made the decision at a board meeting...

Shawkat Ali Khan joins Padma Bank as chairman

2024-12-20 00:00:00

Md. Shawkat Ali Khan, the chief executive officer and managing director (MD) of Sonali Bank, has been appointed as the new chairman of Padma Bank.He chaired the 120th board meeting at Padma Bank's head office in the capital's Gulshan on...

Mechanisation in farming needs easy access to funds: USAID study

FE REPORT | 2024-12-20 00:00:00

Access to finance is a big barrier to mechanization in farming in Bangladesh and so the lenders should do more to support the agriculture sector."Smallholder farmers and agri-businesses in Bangladesh continue to face significant barriers in accessing the financial resources...

Ring Shine Textiles to appeal to regulator to unfreeze IPO fund

FE REPORT | 2024-12-20 00:00:00

The struggling Ring Shine Textiles obtained shareholders' consent to extend its IPO fund utilization time by one more year to December next year.It had raised Tk 1.50 billion under the fixed price method in August 2019 but failed to use...

UTTARA BANK OPENS ITS 249TH BRANCH AT ARAIHAZAR

2024-12-20 00:00:00

Mohammed Rabiul Hossain, Managing Director & CEO of Uttara Bank PLC., inaugurated 249th branch of the bank named 'Araihazar Branch' at Araihazar, Narayanganj, on Thursday. Deputy Managing Directors Maksudul Hasan, Md. Abul Hashem and Md. Rezaul Karim joined the event...