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Politicising flood serves no purpose

2024-08-31 00:00:00

The recent clamour in Bangladesh over India causing floods by releasing water from its dams has been debunked by credible fact-checking sources, including DW. It confirmed that many of the videos allegedly showing water releases from the Dumbur Dam were,...

Extending tenure of interim government

2024-08-31 00:00:00

The interim government is currently focused on overhauling the entire system. As time progresses, the extent of the irregularities plaguing our state-owned institutions is becoming increasingly apparent. Addressing these issues is a lengthy process. Recently, people from various sectors have...

Relief work is no adventure

Tanim Asjad | 2024-08-31 00:00:00

It is heartening to find that hundreds and thousands of people, especially younger ones, have joined their hands to mobilise relief materials for the flood-affected people in the country's south-eastern part. People enthusiastically donate money, clothes, dry foods, bottled water,...

Reversing decline in life expectancy

2024-08-31 00:00:00

Life expectancy at birth predicts how long a newborn baby is expected to live. Obviously, such predictability in large measure depends on the overall health condition of the population in question. Admittedly, the healthier a population is the greater the...

Recovering BD's stolen wealth: it's time for action

Washim Ahmed from Toronto, Canada | 2024-08-31 00:00:00

In early 2020, Bangladesh was thrust into the global spotlight as several high-profile financial crimes came to light, igniting widespread outrage across the nation and among the Bangladeshi diaspora abroad, particularly in Canada. While money laundering and illicit money transfers...

Insights into Nazrul's life and works

Asjadul Kibria | 2024-08-30 12:00:00

It was the time of explosion in British India and anti-British movements were getting in high gear across the sub-continent. Bengal was no exception. As series of events like the Jalianwallah Bag massacre in 1919, Khilafat Movement in 1920 and...

Saudi Arabia's real estate transactions surge 38pc

2024-08-30 00:00:00

RIYADH, Aug 29 (Arab News): Saudi Arabia witnessed a 38 per cent rise in real estate transactions during the first half of the year, reaching 106,700 deals with a total value of around SR127.3 billion ($33.9 billion), according to Knight...

German inflation falls below 2pc for first time since 2021

2024-08-30 00:00:00

FRANKFURT, Aug 29 (AFP): German inflation fell to its lowest level in more than three years in August, official data showed Thursday, strengthening the case for another interest rate cut by the European Central Bank next month.The annual inflation rate...

S Lankan president defends IMF bailout in campaign launch

2024-08-30 00:00:00

COLOMBO, Aug 29 (AFP): Sri Lanka had no option but to agree to an International Monetary Fund bailout that required tough austerity measures, President Ranil Wickremesinghe said Thursday as he launched his re-election campaign.An unprecedented economic crisis two years ago...

US funding yielded hundreds of patents for China-based researchers

2024-08-30 00:00:00

WASHINGTON, Aug 29 (Reuters): The US Defence Department, NASA and other government agencies funded research that led to more than 1,000 US patents for China-based inventors since 2010, including in sensitive fields such as biotechnology and semiconductors, data from the...

ABC Group donates one day's salary to Chief Adviser’s Relief and Welfare Fund

2024-08-30 00:00:00

Directors and employees of ABC Group, a renowned organisation of construction industry, have recently donated their one day's salary to the Chief Adviser’s Relief and Welfare Fund for flood victims and also distributed Emergency Relief Supplies through the armed forces.

Employees of ICB have donated their one-day salary to the relief and welfare fund of the Chief Advisor

2024-08-30 00:00:00

In order to help and rehabilitate the people affected by the flood, the employees of ICB have donated their one-day salary to the relief and welfare fund of the Chief Advisor. Md. Anwar Shamim, General Manager of ICB, handed over...

Islami Bank holds board meeting --

2024-08-30 00:00:00

A meeting of the Board of Directors of Islami Bank Bangladesh PLC was held on Thursday at Islami Bank Tower. Md. Obayed Ullah Al Masud, Chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, Md. Abdul Jalil, Professor...

Spanish inflation cools again as fuel prices ease

2024-08-30 00:00:00

MADRID, Aug 29 (AFP) : Spain's inflation rate fell in August for the third consecutive month as fuel and food prices eased, preliminary official data showed Thursday.Consumer prices rose 2.2 percent on an annual basis, down from 2.8 percent in...

416 mobile towers still out of order in 11 flood-hit districts: BTRC

2024-08-30 00:00:00

A total of 416 mobile towers out of 14,551 in eleven flood affected district have remained out of order due to flood, according to the Bangladesh Telecommunications and Regulatory Commission (BTRC).The districts are Noakhali, Laxmipur, Feni, Cumilla, Brahmanbaria, Chattogram, Khagrachhari,...

BEPZA employees donate one day's salary for flood victims

2024-08-30 00:00:00

Bangladesh Export Processing Zones Authority (BEPZA) employees have donated their one day's salary to the Chief Adviser's Relief and Welfare Fund for distribution among the flood victims, reports BSS.Considering the severity of the ongoing devastating floods in the country, BEPZA...

ABB donates Tk 20m for flood, student movement victims

2024-08-30 00:00:00

The Association of Bankers Bangladesh Limited (ABB) has announced the contribution of Tk 20 million (2.0 crore) for flood relief and medical treatment of students and other individuals wounded during the recent movement, says a press release. ABB, in its...

Dhaka Bank donates Tk 20m for flood victims

2024-08-30 00:00:00

Dhaka Bank donated Tk 20 million (2.0 crore) to Chief Adviser's Relief & Welfare Fund part of its corporate social responsibility (CSR), says a press release. Dhaka Bank PLC's this substantial contribution underscores its deep commitment to community welfare and...

Salahuddin elected Modhumoti Bank EC chief

2024-08-30 00:00:00

Salahuddin Alamgir CIP, Chairman & CEO of Labib Group, was unanimously elected as Chairman of the Executive Committee of Modhumoti Bank PLC by the Board of Directors in its 79th meeting held on Wednesday at its headquarters. Mr. Alamgir is...

Dhaka Airport's Third Terminal on track for completion this Oct, flights expected from early 2025

2024-08-30 00:00:00

The construction of the third terminal at Hazrat Shahjalal International Airport in Dhaka is set to be completed by October this year, with flight operations expected to begin in early 2025, officials from the Civil Aviation Authority of Bangladesh (CAAB)...

BB to donate Tk 280m for victims of flood, student movement

2024-08-30 00:00:00

Bangladesh Bank will donate Tk 50 million (5 crore) to the foundation formed for those injured and killed in the recent student movement for quota reform and the fall of the autocratic government, reports UNB.Besides, the central bank will also...

Prime Bank partners with Toyota-Navana

2024-08-30 00:00:00

Prime Bank PLC, a leading financial institution committed to innovation and customer-centric financial solutions, has signed a partnership with Toyota-Navana Limited, an authorised distributor of brand new Toyota vehicles in Bangladesh. Recently a signing ceremony was held between these two...

BB to ensure farm credit flow to real farmers

FE REPORT | 2024-08-30 00:00:00

Bangladesh Bank (BB) will conduct a thorough study to see whether the farm credit goes to actual farmers, central bank governor Dr Ahsan H. Mansur has said.The chief of the banking regulator said they often received allegations that the real...

India's SpiceJet flies empty in Dubai in 2nd disruption this month

2024-08-30 00:00:00

BENGALURU, Aug 29 (Reuters): India's SpiceJet had to operate empty flights from Dubai as passengers were not allowed to check in due to the airline's unpaid airport dues, The Hindu daily reported on Thursday, marking at least the second such...

Gold prices dip as traders await US inflation data for Fed rate cut cues

2024-08-30 00:00:00

SINGAPORE, Aug 29 (Reuters): Gold prices fell 1 per cent on Monday on profit-taking, as investors looked forward to key inflation figures this week for clues on the US interest rate cuts this year.Spot gold fell 1 per cent to...

A BICDA delegation headed by its President Nurul Qayyum Khan met new CPA Chairman Rear Admiral S.M. Muniruzzaman

2024-08-30 00:00:00

A BICDA delegation headed by its President Nurul Qayyum Khan met new Chittagong Port Authority (CPA) Chairman Rear Admiral S.M. Muniruzzaman on Tuesday. They discussed overall development of port and export - import operation to gear up national economy.

PRAN Spice, the renowned spice brand in the country, signed a deal with Chef's Federation of Bangladesh

2024-08-30 00:00:00

PRAN Spice, the renowned spice brand in the country, signed a deal with Chef's Federation of Bangladesh on Wednesday to enhance the nation's culinary industry. Naser Ahmed, Executive Director of PRAN Spice, and Habibur Rahman Johir, President of Chef's Federation...

Oil prices gain as Libyan supply woes counter modest US stock draw

2024-08-30 00:00:00

LONDON, Aug 29 (Reuters): Oil prices edged higher on Thursday, after two losing sessions, as concerns over Libyan supplies helped offset a smaller than expected draw in US crude inventories, which tempered demand expectations.Brent crude futures were up 51 cents,...

Major Gulf markets fall on regional tensions

2024-08-30 00:00:00

Major stock markets in the Gulf fell in early trade on Thursday due to rising geopolitical tensions in the region, while investors await US weekly jobless claims data to gauge the health of the labour market, reports Reuters.In the Middle...

Hyundai plots India SUV rollout as domestic competition mounts ahead of IPO

2024-08-30 00:00:00

NEW DELHI, Aug 29 (Reuters): Hyundai Motor, long the most successful foreign automaker on Indian roads, is hoping to regain market share from increasingly formidable domestic rivals by launching a series of new SUVs as it gears up for a...