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Shopping bag no more a freebie from today

Ismail Hossain | 2024-10-01 00:00:00

Shopping bags in supermarkets will no longer be a freebie as outlet owners are offering no free bags as the interim government executes the no-more-polythene-bag policy in super shops from today (Tuesday).The Bangladesh Supermarket Owners Association will inaugurate the no-more-polythene-bags...

Deal to be signed Oct 4 to import 40 MW electricity from Nepal

2024-10-01 00:00:00

A Bangladesh delegation went to Nepal Monday to sign a contract to import 40 MW of electricity from the Himalayan nation, reports UNB.Senior Secretary of the Power Division Habibur Rahman will be leading the 8-member delegation where they are expected...

Bank A/Cs of Joy, Putul blocked

FE REPORT | 2024-10-01 00:00:00

Bangladesh Financial Intelligent Unit (BFIU) on Monday blocked accounts of four people' including ousted prime minister Sheikh Hasina's son Sajeeb Wazed Joy and his sister Saima Wazed Putul and two institutions.Other people whose accounts are also frozen by the BFIU...

Committee to look into entry age bar for govt jobs

FE REPORT | 2024-10-01 00:00:00

The government has formed a two-member committee to review the entry age limit for government jobs in response to demands from job seekers, who staged a protest in front of the caretaker adviser's official residence in the city on Monday.Abdul...

Oil tanker catches fire at Ctg port, 3 bodies recovered

OUR CORRESPONDENT | 2024-10-01 00:00:00

CHATTOGRAM, Sept 30: The bodies of three people have been recovered after a fire on board a vessel docked at Chattogram Port.The explosion occurred on the oil tanker 'Banglar Jyoti', owned by the state-owned Bangladesh Shipping Corporation (BSC), at the...

Dr Yunus wants quick reforms, election soon

2024-10-01 00:00:00

Muhammad Yunus, chief advisor of the interim government, has expressed his determination to propel reforms and hold an election soon.Yunus made the remarks in an interview with NHK in New York during his trip to the US for the 79th...

Govt grappling with repayments

FHM HUMAYAN KABIR | 2024-10-01 00:00:00

The interim government is under tremendous pressure to pay off hefty foreign debt taken by the ousted Sheikh Hasina government as more than half-a-billion-dollar debt has already been served in the past two months.Officials on Monday said the government has...

Prayer Timings (2024-10-01)

2024-10-01 00:00:00

IMF mission reaffirms support to Bangladesh economy

FE REPORT | 2024-10-01 00:00:00

After spot checks of the country's current situations, the International Monetary Fund (IMF) says it will assist Bangladesh in conducting necessary reforms and policy adjustments to navigate emerging headwinds on the economic front."We support the authorities' efforts to initiate policy...

Worker killed as violence rocks Ashulia zone

FE REPORT | 2024-10-01 00:00:00

Endemic labour unrest in Bangladesh's main export industry erupted into massive clashes between the garment workers and law-enforcers in Ashulia on Monday, leaving one worker shot dead and several injured.Kawsar Hossain Khan, a 27-year-old factory worker at Mango Tex Limited...

Work of reform commissions delayed

FE REPORT | 2024-10-01 00:00:00

The work of the reform commissions that was scheduled to begin from yesterday (Monday) has been deferred, as the interim government has decided to hold another round of dialogue with the political parties before that, press secretary to the chief...

Investor caution prompts global money market fund inflow

2024-10-01 00:00:00

Global money market funds experienced their highest weekly inflows in nearly six months, with investors cautious about the health of the US economy and concerned that further rate cuts this year could signal deeper economic troubles, reports Reuters.Investors bought safer...

Pubali Bank welcomes newly recruited junior officers

2024-10-01 00:00:00

A five-day-long orientation programme has been arranged for the newly recruited 148 junior officers of Pubali Bank. The course is designed to train the participants in the concepts, principles, rules, regulations, laws and practices of the bank. Managing Director &...

BRAC bank’s milestone of 50 sub-branches

2024-10-01 00:00:00

BRAC Bank achieved the milestone of opening 50 sub-branches. The latest sub-branch at Oxygen Moor in Chattogram went into operation as the 50th branch on September 26. Sheikh Mohammad Ashfaque, the deputy managing director & head of branch distribution network,...

MTB hosts first branch banking conference 2024

2024-10-01 00:00:00

Mutual Trust Bank (MTB) held its first branch banking conference on September 13-14 at BRAC CDM, Savar in Dhaka. The event brought the MTB's leadership and key stakeholders together to come to an agreement on strategies and focus on future...

Doreen Power to sell another plant

FE REPORT | 2024-10-01 00:00:00

Doreen Power Generations and Systems has announced that it will sell another power plant in Feni a month after it sold its Tangail plant upon the expiry of its 15-year power purchase contract with the government. The board of the...

Mamdudur Rashid new UCB MD

2024-10-01 00:00:00

Mohammad Mamdudur Rashid has recently been appointed as the managing director and CEO of United Commercial Bank, according to a press release. He brings three decades of experience in the financial services sector. Most recently, he served as the managing...

Sheikh Mohammad Maroof joins Dhaka Bank as MD

2024-10-01 00:00:00

Sheikh Mohammad Maroof, a veteran banker with almost three decades of versatile experience in the banking industry, joined Dhaka Bank as the managing director. He served at The City Bank as the additional managing director and chief business officer before...

Moklesur Rahman new Sbac Bank chairman

2024-10-01 00:00:00

Engineer Md. Moklesur Rahman, one of the sponsor directors of SBAC Bank, was elected as the chairman of the board of directors of the bank on Monday, according to a press release. The board unanimously selected him for the post...

Panel to recommend prudent usage of Stabilisation Fund

FE REPORT | 2024-10-01 00:00:00

The government has formed a high-powered panel to ensure the management of the Capital Market Stabilization Fund (CMSF), sources said.It has given 10 days to the panel to prepare and submit a report with a set of recommendations.The Financial Institutions...

Beacon Pharma to pay record dividend despite slowdown in growth

FE REPORT | 2024-10-01 00:00:00

Beacon Pharmaceuticals will pay a 20 per cent cash dividend for the year ended in June this year, the highest since its listing on the stock exchanges in 2010.The drug maker's profit grew 2.3 per cent year-on-year to Tk 522...

BSEC not meant to influence index: Chairman Maqsood

FE REPORT | 2024-10-01 00:00:00

It is not the job of the securities regulator to take measures to influence the index of the secondary market, said the chief of the market watchdog.Khondoker Rashed Maqsood, chairman of the Bangladesh Securities and Exchange Commission (BSEC) said this...

France star Griezmann retires from int'l football

2024-10-01 00:00:00

PARIS, Sept 30 (Reuters): France midfielder Antoine Griezmann announced the end of his international career on Monday after being coach Didier Deschamps's most important player for a decade, during which he won a World Cup title.The 33-year-old, who struggled at...

Alcaraz to play Medvedev at semifinals in China Open

2024-10-01 00:00:00

BEIJING, Sept 30 (AP): Third-ranked Carlos Alcaraz advanced to the China Open semifinals for the second straight year after an impressive 7-5, 6-2 victory against Karen Khachanov on Monday.The 21-year-old Spaniard was characteristically relentless from the baseline and ground down...

Pakistan aim to end win drought against England

2024-10-01 00:00:00

KARACHI, Sept 30 (AFP): Pakistan captain Shan Masood on Monday backed Babar Azam to find his batting touch as his side look to end their win drought in the three-match Test series against England starting next week.Pakistan have gone winless...

South Africa recall Muthusamy for Bangladesh Tests

2024-10-01 00:00:00

South Africa have brought back Senuran Muthusamy to the Test fold for the upcoming two-match tour of Bangladesh in October, reports Cricbuzz. The all-rounder, who bowls left-arm orthodox., is part of a spin troika that includes Keshav Maharaj and Dane...

Tigers face tough battle after India's record-shattering batting

2024-10-01 00:00:00

KANPUR, India, Sept 30 (Agencies): Records tumbled as India launched a batting blitz to overtake Bangladesh's first innings total of 233 in 28 overs, injecting fresh life into the rain-marred second Test in Kanpur on Monday.On a frenetic day four,...

German inflation slows further to 1.6pc in Sept

2024-10-01 00:00:00

FRANKFURT, Germany, Sept 30 (AFP): German inflation slowed in September to its lowest level since early 2021, official data showed Monday, sliding further below the European Central Bank's two-per cent target rate.The annual inflation rate in Europe's biggest economy declined...

Central Bank of Egypt issues over $1b in treasury bills

2024-10-01 00:00:00

JEDDAH, Sept 30 (Arab News): Egypt's central bank has issued treasury bills worth 50 billion Egyptian pounds ($1.06 billion) as the country seeks to manage liquidity and support government financing amid rising inflation. One tranche offers 30 billion pounds in...

13th AGM of AGRANI SME FINANCING COMPANY HELD

2024-10-01 00:00:00

The 13th Annual General Meeting (AGM) of Agrani SME Financing Company Limited, a wholly-owned non-banking financial institution of Agrani Bank PLC, was held at the bank's head office in the city on Sunday. Chairman of the company and Chief Executive...