ZURICH, Sept 11 (Reuters): UBS will continue to provide around 350 billion Swiss francs ($414 billion) of loans to its home market, a senior executive at the Swiss bank said on Wednesday, countering speculation it could trim domestic loan volumes.UBS'...
ALLIANCE FINANCE SUPPORTS SAJIDA FOUNDATION FOR FLOOD VICTIMS Alliance Finance PLC (AFPLC) made a donation as part of its Corporate Social Responsibility (CSR) to SAJIDA Foundation to support flood victims. SAJIDA Foundation has been running a project called ‘Emergency Flood...
Community Bank donates Tk 3m for flood victimsCommunity Bank Bangladesh PLC has contributed Tk 3.0 million to the Chief Advisor's Relief and Welfare Fund to stand by the flood-affected people under its corporate social responsibility (CSR) programme. Faruk-e-Azam, Adviser to...
Food and Agriculture Organization (FAO) of the United Nations is keen to enhance support in exporting mangoes from Bangladesh to promote the product at global, regional and local levels, reports BSS."FAO will help Bangladesh to export its different seasonal fruits...
HONG KONG, Sept 11 (AFP): Equities slipped Wednesday following a mixed day on Wall Street, as worries about the world's top two economies offset optimism that the Federal Reserve will start cutting interest rates next week.Meanwhile, the yen hit its...
Tarek Reaz Khan has recently joined NRB Bank as the managing director (MD) for a 3-years tenure. Prior to joining NRB Bank, Mr Tarek served as MD and chief executive officer of Padma Bank.After completing Masters in Marketing from the...
PRIME BANK, DOTLINES TO IMPROVE PAYROLL BANKING SERVICESPrime Bank recently signed an agreement with Dotlines, a renowned tech company, aimed at enhancing banking services for Dotlines's employees. Employees will be able to avail of various benefits including preferential offers in...
Mutual Trust Bank (MTB) won the "Best Bank" title by the Indian Chamber of Commerce (ICC).MTB's commitment to excellence is reflected in its innovative approach to banking, offering tailor-made products and services that cater to the diverse needs of its...
GP WINS ASIAN TECHNOLOGY AWARDS 2024Grameenphone (GP) won the Asian Technology Awards 2024 in the Digital - Telecommunications category for its MyGP app. The Asian Technology Awards recognises outstanding technology-based innovations across various industries in Asia. Commenting on the achievement,...
FE REPORT | 2024-09-12 00:00:00
The securities regulator has allowed Bangladesh Submarine Cable Company Ltd (BSCCL) to issue 22.13 million ordinary shares to the government against share money deposits to comply with a more-than-four-year-old regulatory order.The Bangladesh Securities and Exchange Commission (BSEC) gave its consent...
FE REPORT | 2024-09-12 00:00:00
The securities regulator cancelled its permission to listed textile sector firm Alif Industries for collection of Tk 2 billion by issuing shares to its directors after repeated time extension had failed to serve the purpose. The new order was issued...
FE Report | 2024-09-12 00:00:00
The securities regulator will seek travel ban on top brasses of Dhanmondi Securities and PFI Securities for embezzling clients' funds worth Tk 353.6 million from the consolidated customers accounts (CCAs).As part of actions against brokers for malpractices, the Bangladesh Securities...
The Theory of Three Zeroes represents an ambitious vision of achieving Zero Poverty, Zero Unemployment, and Zero Net Carbon Emissions. This concept was pioneered by Dr Mohammad Yunus, the current head of our interim government. Dr Yunus describes it as...
Relatives of the missing persons have persistently sought to find their loved ones, demanding justice for the victims of enforced disappearances. This demand is in place for a long time. Last Friday, on the occasion of the International Day for...
Mir Mostafizur Rahaman | 2024-09-12 00:00:00
Tragic death of Bangladeshi citizens at the hands of the Indian Border Security Force (BSF) has been going on unabated for year after year, casting a long shadow over an otherwise historically friendly relation between Bangladesh and India. The latest...
Atiqul Kabir Tuhin | 2024-09-12 00:00:00
The ongoing labour unrest since August 29, which has led to several factory closures across the industrial hubs of Ashulia and Gazipur, has brought the lucrative Bangladesh readymade garment (RMG) sector to a critical crossroads, sending warning signals to buyers...
The news that use of polythene bags are going to be banned at the country's superstores carries no meaning. First, most superstores do not allow the material's use; second, and more importantly, the 2002 ban on polythene imposed under the...
Fahmidul Haq | 2024-09-12 00:00:00
Bangladesh recently experienced a student-led anti-dictator uprising that resulted in Prime Minister Sheikh Hasina fleeing the country on August 5, 2024. The movement was initially sparked by university students demanding reforms to the quota system in civil service.Despite the government's...
Syed Badrul Ahsan | 2024-09-12 00:00:00
There was regime change in Indonesia in the mid-1960s. And there was regime change in Chile in the early 1970s. Those were times before the term ‘regime change’ became fashionable. But the consequences of what transpired in Jakarta and Santiago...
GREATER NOIDA, India, Sept 11 (AFP): The third day of the only Test between Afghanistan and New Zealand was called off because of rain on Wednesday, with the match in danger of being washed out without a ball being bowled.Afghanistan's...
DUBAI, Sept 11 (PTI): The 2023 ODI World Cup in India created an "economic impact" of USD 1.39 billion with tourism among the biggest beneficiaries, according to a report released by the International Cricket Council on Wednesday.The Economic Impact Assessment...
Former Bangladesh captain and director of the Bangladesh Cricket Board (BCB), Khaled Mahmud, has resigned, reports UNB.Mahmud, who had been with the board for years, played a crucial role in developing the U-19 squad that famously won the ICC U-19...
GENEVA, Sept 11 (AFP): The United Nations on Wednesday said the probability of the cooling La Nina weather phenomenon appearing this year had decreased slightly since June.There is now a 55-percent chance of La Nina conditions emerging between September and...
TEHRAN, Sept 11 (AFP): Iran's new president, Masoud Pezeshkian, was due in neighbouring Iraq on Wednesday as he moves to deepen already close ties on his first foreign visit since taking office.Pezeshkian has vowed to make relations with neighbouring countries...
PESHAWAR, Sept 11 (AFP): Gunmen in northwestern Pakistan killed a polio worker and a policeman on Wednesday during the latest campaign to vaccinate millions of children in the country, police said.Pakistan and Afghanistan are the only countries in the world...
WASHINGTON, Sept 11 (AFP): Republican US presidential candidate Donald Trump on Wednesday claimed-without providing evidence-that the debate between him and rival Kamala Harris was "rigged.""It was a rigged deal, as I assumed it would be, because when you looked at...
CAIRO, Sept 11 (Xinhua/BBC): Foreign ministers (FMs) of Arab countries on Tuesday urged Israel's complete withdrawal from the Gaza Strip, including from the Philadelphi Corridor and the Palestinian side of the Rafah crossing.The ministers categorically rejected Israel's plans for "the...
OUR CORRESPONDENTRANGPUR, Sept 11: Local jute farmers have become happy as they have got a satisfactory profit by selling the cash crop during this season.Presently, growers earn a good price from both jute and jute sticks which is encouraging them...
NARAIL, Sept 11 (BSS): Two brothers were killed allegedly over a land dispute at Mollikpur village under Lohagara upazila in Narail district on Wednesday morning.The victims are Miran Sheikh, 45, and Ziaur Sheikh, 40, sons of Samad Sheikh of Charmollikpur...
Jahangir Alam Bhuiyan's 'Mariam Dairy' in Feni Sadar Upazila was doing quite well with 40 cows and 22 goats before the August floods ruined everything, reports bdnews24.com.When the floodwaters first entered his farm, Jahangir was able to relocate some of...
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