British lawmaker Apsana Begum on Tuesday called on the UK's National Crime Agency to probe and take action regarding properties acquired by former Bangladeshi land minister Saifuzzaman Chowdhury allegedly through corruption, reports The South Asian Time.Saifuzzaman reportedly has a property...
DU CORRESPONDENT | 2024-09-26 00:00:00
BUET students on Wednesday did not attend classes for the second day in a row. They previously decided to boycott classes and exams until visible action was taken against those accused of being involved with Chhatra League's politics.The administration of...
Rain has brought respite from the scorching heat that lasted for a week in Dhaka.However, commuters and other travellers faced difficulties on the road due to the rain on Wednesday, reports bdnews24.com.It rained more or less all across the country...
FE REPORT | 2024-09-26 00:00:00
The government has issued $350 million's worth of twin guarantees for the Bangladesh Petroleum Corporation (BPC) with intent to import petroleum products for the current fiscal year, 2024-25.The Finance Division published an order regarding the issue on Tuesday. The government...
NEW YORK, Sept 25 (UNB): Chief Adviser Prof Muhammad Yunus has sought support from foreign friends for Bangladesh's new journey towards a happy and prosperous future, stressing that they do not want to miss the opportunity to build a new...
FE REPORT | 2024-09-26 00:00:00
The total deposit liabilities, excluding interbank items, of the country's 61 scheduled banks increased by 4.34 per cent to about Tk 18.39 trillion during the second quarter (Q2) of 2024, compared to the first quarter (Q1).Bankers attributed the growth in...
FE REPORT | 2024-09-26 00:00:00
The labour situation in Ashulia and Gazipur industrial belts has improved as the workers of most of the garment factories joined the workplace on Wednesday.The development came a day after a tripartite meeting.Factory owners have agreed to meet workers' 18-point...
FE REPORT | 2024-09-26 00:00:00
A writ petition has been filed with the High Court seeking its directive on the concerned bodies of the government to cancel the decision of exporting hilsa fish to India. Supreme Court lawyer Md Mahmudul Hasan filed the petition on...
FE REPORT | 2024-09-26 00:00:00
The Anti-Corruption Commission (ACC) has launched probes into the alleged corruption of former BFIU chief Masud Biswas and former CU VC Dr Shireen Akhter, who abused their respective positions.According to the ACC's primary investigations, after assuming the responsibility of the...
India's External Affairs Minister S. Jaishankar expressed confidence in the resilience of India's diplomatic ties with Bangladesh and Sri Lanka, despite recent political shifts in both countries, reports UNB. Speaking at an event titled "India, Asia, and the World," hosted...
M AZIZUR RAHMAN | 2024-09-26 00:00:00
The interim government's move to purchase liquefied natural gas (LNG) from the spot market faced a setback as the bids offered fell short of minimum requirement under the Public Procurement Rules (PPR) 2008.The authorities concerned received two bids each in...
New York (USA), Sept 25 (UNB): Chief Adviser Prof Muhammad Yunus has sought international community's continuous attention to the Rohingya crisis, otherwise, he warned that it might put the entire region in trouble, not just Bangladesh."We must pay attention," he...
FE REPORT | 2024-09-26 00:00:00
Asian Development Bank's revised outlook of Bangladesh's economy projects a dip in the GDP growth by 1.50-percentage points to 5.1 per cent in the current fiscal for a slew of downside risks.The wellspring of risks mostly comprises continuing political uncertainty,...
SDDIQUE ISLAM AND JUBAIR HASAN | 2024-09-26 00:00:00
Liquidity-strapped banks' ordeals are set to be all over as well-off bankers finally decide in principle to lend to the weaklings, sources said, thanks to regulatory interventions.Officials and bankers said that, under the bailout arrangement, top management of the lender...
Major stock markets in the Gulf were subdued on Wednesday amid falling oil prices and rising geopolitical tensions in the region, reports Reuters.Oil prices - a catalyst for the Gulf's financial markets - fell as investors reassessed the ability of...
NAIROBI/SHANGHAI, Sept 25 (Reuters): Plans by African governments to raise money on China's domestic debt markets via so-called panda bonds could be undone by their heavy debt loads and a wider lack of market infrastructure, investors and analysts said.African governments...
LONDON, Sept 25 (Reuters): Stocks globally struggled on Wednesday to maintain momentum fuelled by China's monetary stimulus measures, with crude oil retreating and the dollar under pressure.European stocks eked out slim gains after opening in the red, following a near...
BEIJING, Sept 25 (AFP): China's commerce ministry on Wednesday said it "firmly opposes" US plans to ban the sale of connected vehicles incorporating Chinese and Russian technology, citing national security risks."The US practice has no factual basis, violates the principles...
NEW YORK, Sept 25 (Reuters): The interest rate for the most popular US home loan ticked down to 6.13 per cent last week, the lowest in about two years, and refinancing activity jumped, data from the Mortgage Bankers Association showed...
BRUSSELS, Sept 25 (Reuters): Alphabet unit Google filed a complaint to the European Commission on Wednesday against what it said were Microsoft's anti-competitive practices to lock customers into Microsoft's cloud platform Azure.Google, whose biggest cloud computing rivals are Microsoft and...
Tour Operators Association of Bangladesh (TOAB) called on the government on Wednesday to cancel new deposit requirements and address inconsistencies in the 'Tour Operator and Tour Guide Act, 2024', warning that these measures could harm future of the tourism industry,...
BEIJING, Sept 25 (Reuters): Sales of foreign-branded smartphones, including Apple Inc's iPhone, in China fell 12.7 per cent in August year-on-year, according to data released on Wednesday from a government-affiliated research firm.Calculations based on the data from the China Academy...
NEW YORK, Sept 25 (Reuters): The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the US bond market, as some investors fear looser financial conditions could re-ignite price pressures.Yields on longer-dated Treasuries that are most...
NCC Bank organised a daylong training on 'CMSME, Sustainable Finance & Digital Financial Services (DFS)' recently in Chattogram for the CMSME Relationship Managers of that region. M. Shamsul Arefin, Managing Director & CEO of the bank, inaugurated the training programme...
The 29th Annual General Meeting of Southeast Bank PLC was held virtually on Wednesday. Alamgir Kabir, Chairman of the bank, presided over the meeting. Vice Chairman Md. Akikur Rahman, Founder Chairman and Sponsor Director M. A. Kashem, ex-Chairman and Sponsor...
The award ceremony of the Mastercard Summer Spend and Win Campaign, 'Stunning Sydney-2024' was held at a ceremony at a city hotel recently. Syed Mohammad Kamal, Country Manager of Mastercard Bangladesh, presented the 1st prize (a 3-night, 4-day round trip...
Industries Adviser Adilur Rahman Khan called for enhancing trade and investment between Bangladesh and South Korea, describing the country as one of the important development partners of his country, reports BSS."Bangladesh and South Korea signed a bilateral-trade agreement on June...
Shipping, Jute and Textiles Adviser Brig Gen (Retd) Dr M Sakhawat Hussain called upon on Wednesday the World Bank (WB) to invest in Bangladesh's jute and textiles sectors and shipbuilding industry, reports BSS."Jute and shipbuilding are enormously potential sectors ....
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