RAJSHAHI, July 28 (BSS): A day-long training for children on safeguarding and reporting mechanisms was held here on Sunday aimed at protecting the children from all sorts of violations and exploitation.Association for Community Development (ACD) organised the training at its...
BRAHMANBARIA, July 28 (UNB): All four members of a family including two minor sisters were found dead in their house at Bijoypara in Nabinagar upazila of Brahmanbaria district on Sunday, said police.The deceased included Shohag, 33, his wife Jannat, 25,...
TAHJIBUL ANAM | 2024-07-29 00:00:00
COX'S BAZAR, July 28: Tourism business in Cox's Bazar is feared to incur colossal losses due to the persistent countrywide unrest over the student movement seeking the quota system repeal in public services. According to industry insiders, the local tour...
BELEM, Brazil, July 28 (Reuters): US Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy requires $3 trillion in new capital each year through 2050, far above current annual financing, but that filling the...
As part of its corporate social responsibility, Shahjalal Islami Bank PLC organised a tree plantation programme on the Markazul Ulum Madrasa premises in Parshuram upazila of Feni district on Saturday. Additional Managing Director of the bank Abdul Aziz was present...
TOKYO, July 28 (Reuters): Japan's Toyota Motor plans to build a battery plant for electric vehicles in the southwestern prefecture of Fukuoka and supply its batteries to a factory that makes luxury Lexus brand cars, the Nikkei business daily reported...
The Department of Livestock has sustained damage estimated between Tk 50 million and Tk 55 million as a result of the nationwide violence over the quota-reform protests, Fisheries and Livestock Minister M Abdur Rahman said on Sunday.During the protests, the...
MONIRA MUNNI | 2024-07-29 00:00:00
Leaders of the garment industry will meet with representatives of global apparel buyers in Dhaka today (Monday) to discuss current issues and potential solutions concerning the supply chain disruptions caused by the anti-quota movement.The Bangladesh Garment Manufacturers and Exporters Association...
FE REPORT | 2024-07-29 00:00:00
The internet shutdown and subsequent curfew imposed to control violent conflict during the nationwide anti-quota movement have already resulted in a staggering $10 billion loss, according to the Foreign Investors' Chamber of Commerce & Industry, as it calls for lifting...
NEW DELHI, July 28 (Reuters): India's Paytm has got approval from the government for its 500 million rupees ($5.97 million) investment in a key subsidiary, a top finance ministry official told Reuters on Friday.The approval, which was stuck for months...
CAIRO, July 28 (Arab News): Egypt's Ministry of Petroleum and Mineral Resources signed two agreements with international companies on Sunday to invest $340 million to boost oil and gas production in the Mediterranean and Gulf of Suez.After discussions between Egypt's...
TOKYO, July 28 (Reuters): Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper said on Sunday.Mitsubishi Motors,...
WASHINGTON, July 28 (AFP): It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants.Short on funds,...
SINGAPORE, July 28 (Reuters): Asian spot liquefied natural gas (LNG) prices eased last week, amid a resumption of loading at Freeport LNG in the United States and rising inventory levels held by major Japanese utilities, reports Reuters.The average LNG price...
LONDON, July 28 (Reuters): Most regions saw equity inflows in the week to Wednesday, led by emerging markets and the US, Bank of America Global Research said, as investors brought forward expectations for Federal Reserve rate cuts due to softer...
LONDON, July 28 (Reuters): Often the scariest thing in markets is a rout without a trigger.People are still unsure about the precise cause of the October 1987 crash, for example. And when the Nasdaq clocked a 10 per cent one-day...
BEIJING, July 28 (Reuters): China will enhance support for small and medium-sized technology enterprises through its national financing guarantee fund, the finance ministry said on Friday, in a bid to leverage more funding for the technology and innovation sector.Beijing is...
The 14th Annual General meeting (AGM) of Agrani Equity and Investment Ltd, a subsidiary of Agrani Bank PLC, was held at the head office of the bank recently. Chairman of the Board of Directors of Agrani Equity and CEO of...
BEIJING, July 28 (Reuters): China's use of ultra-long treasury bonds to fund a consumer goods trade-in programme deviates from the usual playbook of boosting investment to support the economy and is fuelling expectations for more stimulus that targets household demand.The...
RIYADH, July 28 (Arab News): The Bahrain Bourse has introduced a new regulatory framework for market making and updated the rules for liquidity providers to advance capital and bolster its funds.The initiative, approved by the Central Bank of Bahrain, aims...
ONE Bank held its 25th annual general meeting on July 25, 2024 at Lakeshore Grand, Gulshan, Dhaka. A.S.M Shahidullah Khan, honorable chairman of the board of directors, presided over the AGM. The Bank declared 3.5 per cent cash and 3.5...
FE REPORT | 2024-07-29 00:00:00
Despite economic challenges amid high inflation and prevailing dollar crisis, six listed banks achieved good profits in the second quarter (Q2) through June this year, driven by higher interest spread. The lenders reaped the benefit of their wise move investing...
FE REPORT | 2024-07-29 00:00:00
Berger Paints fell 0.22 per cent to Tk 1,845.6 per share on the Dhaka bourse on Sunday despite its disclosure of record annual profit for the year ended in March this year.The market leader in the local paints industry reported...
The Mass Rapid Transit (MRT), also known as the Metro Rail, is a national infrastructural project undertaken by the current government in June 2016 with the primary objective of providing a congestion-free mode of transportation to the citizens. Stretching from...
To address Dhaka's tailbacks, ranked as the fifth worst in the world in 2023, several suggestions could be considered. With a population of over 22 million and 1.81 million registered vehicles, the city's outdated traffic management and poor road infrastructure...
Neil Ray | 2024-07-29 00:00:00
After the shutdown of the internet, it has also returned but in a debilitated form. It is more like a person's recuperation period following a serious illness. With limited capacity, it cannot perform the normal works it is supposed to...
Syed Fattahul Alim | 2024-07-29 00:00:00
Of the many vulnerabilities that the country's banking sector is exposed to, its acute liquidity crisis is one. Tightening of money supply as part of the central bank's contractionary monetary policy, crisis in the forex market, slow pace of loan...
Although the incidence of dengue is relatively low this year, its breakout in an epidemic form last year still haunts people. The apprehension of the disease unfolding equally or more viciously in the come breeding season of Aedes is always...
Muhammad Zamir | 2024-07-29 00:00:00
Walid Ellafi, President of Trans-Mediterranean Migration Forum has recently highlighted an important dimension that has been the focal point of attention pertaining to North Africa. In this context the leadership within this region has been trying to create a comprehensive...
Md Abu Nashir Khan | 2024-07-29 00:00:00
On May 27, 2024, Cyclone Remal struck coastal Bangladesh, causing extensive damage and affecting over 4.59 million people. The cyclone damaged approximately 150,000 households across 19 districts and inflicted significant financial damage, including crop damage worth BDT 10,595 million (USD...
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