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NCC BANK HOLDS SME RELATIONSHIP MANAGERS' MEET

2024-11-27 00:00:00

NCC Bank organised a 'SME Relationship Managers' Meet' in Bogura recently to review the present status of SME Banking and develop strategies for the future. M Shamsul Arefin, Managing Director of the bank, presided over the meeting while Md Zakir...

UCB TRAINING PROGRAMME FOR AGRI-ENTREPRENEURS

2024-11-27 00:00:00

United Commercial Bank PLC (UCB), under its agricultural support scheme 'Bhoroshar Notun Janala', organised a comprehensive skill development training programme for 150 agricultural entrepreneurs at a hotel in Chuadanga on Tuesday. In accordance with the directives of Bangladesh Bank, UCB...

ADB launches plan to drive nature-positive investments

2024-11-27 00:00:00

The Asian Development Bank (ADB) has launched its Environment Action Plan 2024-2030, a road map for addressing the impacts of the triple planetary crisis of biodiversity loss, pollution, and climate change in Asia and the Pacific.Under the plan, ADB aims...

BD, Japan sign ODA loan deal

FE REPORT | 2024-11-27 00:00:00

Bangladesh and Japan signed the Exchange of Notes of the 45th Official Development Assistance (ODA) Yen Loan of Japan to Bangladesh, a spokesperson of the Japan Embassy said on Tuesday.Ambassador of Japan to Bangladesh IWAMA Kiminori and Secretary of Economic...

Experts push for reforms to attract more foreign direct investment

FE REPORT | 2024-11-27 00:00:00

The interim government should make some visible progress on reforms in key areas, including institutional framework, customs and logistics, to boost foreign direct investment in Bangladesh, experts said at a seminar on Tuesday. They also stressed the need to address...

Fitch puts some Adani bonds on negative watch as Sri Lanka weighs accusations

2024-11-27 00:00:00

Sri Lanka is weighing US bribery accusations against Adani Group and Fitch put some company bonds on a watch list for a possible downgrade, as fallout widens from indictments of some key executives of the Indian conglomerate, reports Reuters.US prosecutors...

Ghana's battered local bond market casts shadow over growth rebound

2024-11-27 00:00:00

ACCRA/LONDON, Nov 26 (Reuters): Ghana's economy is growing again, two years after a painful economic crisis pushed it into default, but repercussions from a local debt restructuring are casting a shadow over its longer-term recovery.The restructuring, unprecedented on the African...

JANATA BANK LAUNCHES FEE PAYMENT FACILITY FOR KUET STUDENTS

2024-11-27 00:00:00

The students of Khulna University of Engineering and Technology (KUET) can now pay their academic fees through Janata Bank's mobile banking app, eJanata. KUET Vice Chancellor Dr Muhammad Masud inaugurated this special module of the app at the university's conference...

BENGAL COMMERCIAL BANK HOLDS 36TH BOARD MEETING

2024-11-27 00:00:00

Bengal Commercial Bank PLC held its 36th meeting of the Board of Directors recently at the bank's Head Office at Gulshan in Dhaka. Md. Jashim Uddin, Chairman of the Board, presided over the meeting. Ghulam Mohammed Alomgir, Vice Chairman of...

MODHUMOTI BANK TITLE SPONSOR OF 26th National Cricket League

2024-11-27 00:00:00

Modhumoti Bank recently signed an agreement to become the title sponsor of 26th National Cricket League (NCL) 2024-25, a tournament organised by Bangladesh Cricket Board (BCB). The cricket contest kicked off on October 19, 2024. Humayun Kabir, chairman of the...

PUBALI BANK, DELTA LIFE INSURANCE SIGNS AGREEMENT

2024-11-27 00:00:00

Pubali Bank and Delta Life Insurance Company on Tuesday signed a 'Group Hospitalisation Insurance' agreement as part of a strategic collaboration aimed at improving healthcare benefits for the bank's employees. The agreement was signed at the bank's head office in...

SOUTHEAST BANK SIGNS MOU WITH BENGAL GLASS

2024-11-27 00:00:00

Southeast Bank recently signed a memorandum of understanding (MoU) with Bengal Glass to provide payroll services. Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank, and Khandaker Gyasuddin, executive director of Bengal Glass, exchanged the document at the bank's head...

DSEX edges up on rise of selective stocks

FE REPORT | 2024-11-27 00:00:00

Stocks ended slightly higher on Tuesday, as investors showed interest in some large-cap scrips. The prime index of the Dhaka Stock Exchange (DSE) rose 7 points to 5,143.13. The benchmark index of the Dhaka bourse managed to stay afloat following...

Indian shares end lower, pulled down by Adani firms on implications of US indictment

2024-11-27 00:00:00

Indian shares inched lower on Tuesday, weighed down by Adani Group stocks' on worries about the implications of alleged bribery charges by the US against their key executives, reports Reuters.The NSE Nifty 50 shed 0.11 per cent to 24,194.5 points,...

Good governance marks Bank Asia's 25-year journey: MD

FE REPORT | 2024-11-27 00:00:00

Good governance, innovation, and financial inclusion have marked the 25-year journey of Bank Asia, its Managing Director Sohail RK Hussain has said."Good governance has played the most important role in Bank Asia's operations since its beginning. As a result, it...

Chittagong bourse losing relevance as turnover remains low: Stakeholders

FE REPORT | 2024-11-27 00:00:00

The relevance of the Chittagong Stock Exchange (CSE) has been called into question for its insignificantly low turnover. At a time when the regulatory bodies are contemplating reforms for the market's development, stakeholders ask whether the port city bourse should...

Interim govt needs to navigate competing priorities skillfully

CAF Dowlah | 2024-11-27 00:00:00

The abrupt collapse of Sheikh Hasina regime has already sent shockwaves through Bangladesh's geopolitical relations, but Donald Trump’s election victory is further intensifying the country's strategic challenges. With alliances, economic interests, and regional stability at risk, the interim government must...

Monetising passion

2024-11-27 00:00:00

Esports has transformed over the past decade, evolving from a niche hobby to a global phenomenon with millions of fans worldwide. This shift, driven by digital platforms and an increasingly youthful audience, marks not only a new form of entertainment...

To ban or not to ban auto-rickshaws

2024-11-27 00:00:00

The recent decision to ban auto-rickshaws from the main roads in Bangladesh has triggered significant debate. Proponents argue that removing auto-rickshaws - often criticised for erratic driving - will streamline traffic flow for larger vehicles and public transport.However, critics point...

Energy rationing causes industrial output fall

Syed Mansur Hashim | 2024-11-27 00:00:00

That the business community is upset is quite understandable. Business entities had poured in billions of Taka (BDT) over the years to expand industrial production on false promises made by policymakers of the immediate past regime. Assurances have turned out...

Efficient management and recycling of textile waste

Wasi Ahmed | 2024-11-27 00:00:00

The challenge of managing textile waste has long been a pressing issue, both from an environmental and socio-economic perspective. In Bangladesh, the handling of textile waste, locally known as jhut, remains largely informal and disorganised. This unregulated approach has created...

Dealing with lawlessness

2024-11-27 00:00:00

The streets of the capital city have recently been witnessing unending protests by both large and small groups of people, causing the traffic to come to a standstill for hours. This has been exacerbated by the very latest series of...

Paul Pogba blackmail trial set to open in Paris

2024-11-27 00:00:00

PARIS, Nov 26 (AFP): Six men linked to Juventus and France midfielder Paul Pogba go on trial Tuesday, accused of blackmail, attempted extortion of millions of euros and holding the player at gunpoint.The case at the Paris criminal court has...

West Indies beat Tigers in 1st ODI

2024-11-27 00:00:00

Bangladesh suffered a heavy defeat to host West Indies in the 1st ODI at the Sir Vivian Richards Stadium on Tuesday, report agencies.West Indies beat Bangladesh by 201 runs.Earlier, West Indies are three wickets away from clinching the Antigua Test...

Ayub ton helps Pakistan crush Zimbabwe, level ODI series

2024-11-27 00:00:00

ZIMBABWE, Nov 26 (AFP): Saim Ayub struck an unbeaten 113 as Pakistan crushed Zimbabwe by 10 wickets in Bulawayo on Tuesday to level a one-day international series with one match to come.Zimbabwe were all out for 145 at Queens Sports...

Sylhet clinch maiden NCL trophy

2024-11-27 00:00:00

Sylhet Division confirmed their maiden National Cricket League (NCL) title with a match to spare after securing a five-wicket win over Barishal at their home venue Sylhet International Cricket Stadium in Sylhet on Tuesday, reports BSS.Sylhet now have 37 points...

Tigresses face Ireland in 1st ODI today

2024-11-27 00:00:00

Bangladesh skipper Nigar Sultana said on Tuesday that a comprehensive win against Ireland would be a confident-booster for them ahead of the tour of West Indies.Bangladesh need to win at least five out of their next six ODIs to earn...

Judge tosses Trump's 2020 election case

2024-11-27 00:00:00

WASHINGTON, Non 26 (Reuters): A US judge on Monday dismissed the federal criminal case accusing Donald Trump of attempting to overturn his 2020 election defeat after prosecutors moved to drop that prosecution and a second case against the president-elect, citing...

Fear grips Indian city after deadly clashes over mosque survey

2024-11-27 00:00:00

SAMBHAL, Nov 26 (BBC/AFP): Two days after deadly violence in Sambhal left four people dead and many others injured, the city in India's northern state of Uttar Pradesh remains gripped by tension.The violence broke out on Sunday during a court-ordered...

UN demands permanent ceasefire in Lebanon, Gaza

2024-11-27 00:00:00

GENEVA, Nov 26 (AFP): The UN rights chief is gravely concerned over the escalating conflict between Israel and Hezbollah in Lebanon and wants a "permanent ceasefire" there and in war-ravaged Gaza, his spokesman said Tuesday."The high commissioner reiterates his call...