NEW YORK, Dec 15 (Reuters): US President-elect Donald Trump has in recent weeks expressed a keen interest in privatizing the US Postal Service, the Washington Post reported on Saturday, citing three people with knowledge of the matter.The US Postal Service,...
DUBAI, Dec 15 (Reuters): The Iranian currency extended its fall on Saturday, hitting a new all-time low against the US dollar amid uncertainties about Donald Trump's imminent arrival in the White House and tensions with the West over Tehran's nuclear...
NEW YORK, Dec 15 (Reuters): The US Treasury has informed Japan's Nippon Steel that the panel reviewing its proposed $14.9 billion purchase of US Steel has not yet come to an agreement on how to address security concerns, the Financial...
Residents of all unions in Gaibandha district can now digitally pay their holding tax and trade licence fees exclusively through Nagad, the digital financial service of the Bangladesh Postal Department, reports BSS.This service was formally inaugurated Saturday, said a press...
Pakistan has expressed interest in importing medicines from Bangladesh.Pakistan High Commissioner to Bangladesh Syed Ahmed Maroof conveyed this interest during a meeting with Health Adviser Nurjahan Begum at her office on Sunday, reports UNB. Bangladesh has made significant progress in...
RIYADH, Dec 15 (Arab News): Increasing the use of smart technology in farming is critical if the Middle East is going to truly achieve food security, experts have told Arab News.As agricultural productivity in the region remains vulnerable to supply...
Sarzil Sarwar, the Area Head of Information and Digital Technology at BAT Bangladesh, has been honoured as the 'Chief Digital Officer (CDO)/Digital Director of the Year' at the Bangladesh C-Suite Awards 2024 ceremony held at a city hotel recently. Bangladesh...
Midland Bank PLC and Sheba Fintech Limited have signed a Memorandum of Understanding (MOU) in a significant move aimed at advancing digital banking and financial inclusion. Md Zahid Hossain, Deputy Managing Director of Midland Bank, and Ilmul Haque Sajib, Managing...
FE REPORT | 2024-12-16 00:00:00
Taskeen Ahmed, Vice Chairman of IFAD Group, has been elected as the President of Dhaka Chamber of Commerce & Industry (DCCI) for the term 2025. In addition, Razeev H Chowdhury has been elected as the Senior Vice President and Md...
The government has signed a loan agreement with the Asian Infrastructure Investment Bank (AIIB), totalling US$109.78 million, EUR 29.42 million and RMB 132.49 million, for the implementation of the 'Southern Chattogram and Kaliakoir Transmission Infrastructure Development Project'.Mirana Mahrukh, Additional Secretary...
FE REPORT | 2024-12-16 00:00:00
The Kingdom of Saudi Arabia (KSA) will continue to recruit Bangladeshi workers, said Abdulaziz Fahad M Al Ibrahim, deputy head of Mission of the Saudi Embassy in Dhaka.Addressing a press briefing in the embassy, he said that they issue 4,000...
FHM HUMAYAN KABIR | 2024-12-16 00:00:00
The government plans to almost double power subsidies in the revised budget for FY 25 by diverting funds from its development part, finance ministry officials say.They say electricity subsidy allocations will be increased to around Tk 650 billion, up from...
SEOUL, Dec 15 (Reuters): South Korea's finance ministry vowed on Sunday to continue to swiftly deploy market stabilising measures as needed to support the economy after President Yoon Suk Yeol was impeached over his brief imposition of martial law.The ministry...
The 403rd Board Meeting of Shari'ah-based Standard Bank PLC was held at its Head Office in Dhaka on Sunday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Director & Founder Chairman Kazi Akram Uddin Ahmed,...
Islami Bank Training and Research Academy (IBTRA) organised the closing ceremony of its 160th Internship Programme at the IBTRA Auditorium in Dhaka recently. Mohammed Monirul Moula, managing director of Islami Bank Bangladesh PLC, was present as the chief guest while...
NEW YORK, Dec 15 (Reuters Breakingviews): Amid the many uncertainties in the artificial intelligence field, one thing has always seemed clear: bigger and more expensive systems produce better results. Hence the relentless fundraising of model developers like $157 billion OpenAI...
India's markets regulator on Friday proposed a framework to allow retail investors to participate in algorithmic trading through stock brokers, reports Reuters.In 2008, the Securities and Exchange Board of India (SEBI) had introduced algorithmic trading which provided facilities like faster...
Southeast Bank recently held its last 'Business Review Meeting' for the year 2024. Nuruddin Md. Sadeque Hossain, managing director of the bank, presided over the meeting. Executives from the head office, branch heads, operation managers, and officials of other units...
MTB recently organised its 'Service Champions Award 2024'to recognise officials who played the most significant roles in providing better services to its customers. The award ceremony was held in an event at MTB Centre in the capital. Syed Mahbubur Rahman,...
ORLANDO, Florida, Dec 15 (Reuters): One of the many curiosities of 2024 has been how global stocks have surged so strongly even as central banks have drained liquidity from the system. The question for markets is, if draining liquidity wasn't...
FE REPORT | 2024-12-16 00:00:00
The country's capital market strongly rebounded on Sunday, breaking away from a six-day losing streak, largely supported by the state-run Investment Corporation of Bangladesh (ICB).The ICB started putting in investments in the market on receipt of a fund worth Tk...
FARHAN FARDAUS AND BABUL BARMAN | 2024-12-16 00:00:00
More than 90 per cent of insurance stocks have experienced a significant decline in value in the last one year but their popularity as manipulative stocks makes it tricky for investors to select the best bargains. The stock market has...
Winter in Bangladesh, though cherished by some, brings severe hardship for many underprivileged people. While the affluent can buy warm clothes to shield themselves from the cold, the poor and homeless bear the brunt of the season's harshness. Railway lines,...
The recent discovery of typhoid bacteria in drinking water samples from Chattogram is an alarming development for public health. Research conducted by the Chittagong University revealed that 5.33 per cent of 150 tested samples were contaminated, with 87.5 per cent...
Neil Ray | 2024-12-16 00:00:00
To say it is incredulous is an understatement. But the news carried in a contemporary based on its reporter's visit to the spot and queries from all concerned cannot lie. The contention of the report is that peon (office bearer),...
Syed Fattahul Alim | 2024-12-16 00:00:00
The 54th Victory Day of Bangladesh will go down in history as one that followed yet another unique revolution, the student-led mass uprising of August 5 that has changed the course of the nation's history. The Victory Day of Bangladesh...
The ethos of the Bangalees was at its most effervescent on this day 53 years ago. This could not be otherwise because for the first time in modern history, the dream of a sovereign country the people of this land...
Muhammad Zamir | 2024-12-16 00:00:00
December 16 is a national holiday in Bangladesh and celebrated to commemorate the defeat of the Pakistan armed forces in the Bangladesh Liberation War in 1971 and the emergence of an independent Bangladesh. It commemorates the Instrument of Surrender wherein...
Earlier, Director of the Gamaleya National Research Center for Epidemiology and Microbiology Alexander Gintsburg told TASS that the vaccine's pre-clinical trials had shown that it suppresses tumor development and potential metastases.
MOSCOW, Dec 15 (TASS): Russia has developed its own mRNA vaccine against cancer, it will be distributed to patients free of charge, General Director of the Radiology Medical Research Center of the Russian Ministry of Health Andrey Kaprin has told...
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