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Abrar, Ghulam, Jamal return for 2nd Test against Tigers

2024-08-29 00:00:00

RAWALPINDI, Aug 28 (Geo Tv): Pakistan's mystery spinner Abrar Ahmed and Kamran Ghulam have joined the national Test squad ahead of the second Test match against Bangladesh, the Pakistan Cricket Board (PCB) said in a statement on Wednesday. The second...

'Hope Shakib won't be arrested', says adviser Asif Nazrul

2024-08-29 00:00:00

Adviser to the Ministry of Law, Justice, and Parliamentary Affairs, Asif Nazrul, has expressed hope that Bangladeshi star cricketer Shakib Al Hasan will not be arrested despite the murder case filed against him. Speaking to journalists at his office in...

Bangladesh clinch maiden SAFF U-20 Championship title

2024-08-29 00:00:00

Bangladesh clinched their first-ever SAFF U-20 Championship title, crushing hosts Nepal by 4-1 goals in the final at the ANFA Complex in Lalitpur, Kathmandu, on Wednesday afternoon, reports UNB.With the day's feat, Bangladeshi boys not only won their maiden title...

Gold down 1pc on stronger dollar

2024-08-29 00:00:00

LONDON, Aug 28 (Reuters): Gold prices fell on Wednesday under pressure from a stronger dollar and uncertainty ahead of a key US inflation report that could provide more clarity about the Federal Reserve's September policy meeting.Spot gold was down 1...

Oil slides as demand concerns offset Libya supply risks

2024-08-29 00:00:00

Oil prices fell by around 1 per cent on Wednesday due to persistent concerns over Chinese demand and elevated risks of a broader economic slowdown, though losses were capped by supply risks in the Middle East and Libya, reports Reuters.Brent...

Ban politics in all universities

2024-08-29 00:00:00

A new chapter in Bangladesh's history has begun with toppling of Sheikh Hasina's autocratic regime following an unprecedented mass movement led by students. This marks a significant step towards establishing a Bangladesh based on equality, honesty, and justice.In recent years,...

Reducing call rates, minute pack prices

2024-08-29 00:00:00

The vast majority of the country's 19 crore SIM users belong to the low-income segment of society, who are already grappling with the rising cost of living. Just as everyone is deeply concerned about the escalating prices of essential commodities,...

Time to reform the judiciary

Mir Mostafizur Rahaman | 2024-08-29 00:00:00

An independent judiciary is a cornerstone of any democratic society where justice is administered without bias or external influence.In Bangladesh, this basic element of a democracy was under severe strain as we have seen that ruling parties, in some cases,...

Street must not dictate govt's decisions

Atiqul Kabir Tuhin | 2024-08-29 00:00:00

Throughout Bangladesh, people are reveling in their newfound freedoms like someone who's been incarcerated in solitary confinement and seen no sunlight or inhaled fresh air for over a decade. They had all but forgotten the freedom of expression, peaceful assembly,...

Criminality of administrative eavesdropping

2024-08-29 00:00:00

A move by the Bangladesh Securities and Exchange Commission (BSEC) to sign a memorandum of understanding (MoU) with the infamous National Telecommunications Monitoring Centre (NTMC) was reportedly underway last month. The BSEC sought approval for this from the Financial Institutions...

Revamping the banking sector

Tareq Ahmed Robin | 2024-08-29 00:00:00

The banking sector in Bangladesh has been dealing with persistent challenges, one of which is the substantial rise of non-performing loans (NPLs). NPLs have risen to worrying levels over time, disrupting the financial sector and contributing to broader economic instability....

America 2024: Robert Kennedy's son roots for Trump

Syed Badrul Ahsan | 2024-08-29 00:00:00

It was an eccentric candidacy all along. There was not any meat in it, no policies on offer. Robert F. Kennedy Jr based his drive for the White House on two factors, neither of which helped him in the end....

Fed most likely to cut rates by quarter percentage point next month, Daly says

2024-08-28 00:00:00

San Francisco Federal Reserve President Mary Daly on Monday said "the time is upon us" to cut interest rates, likely starting with a quarter-percentage point reduction in borrowing costs. Asked if there is anything that could derail a rate cut...

Canada imposes 100pc tariff on imports of Chinese-made EVs

2024-08-28 00:00:00

Canada announced Monday it is launching a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. tariffs imposed over what Western governments say are China's subsidies that give its industry an unfair advantage, reports AP.The announcement came after encouragement...

Incepta PROVIDES medicine & financial support for flood victims

2024-08-28 00:00:00

Incepta Pharmaceuticals Ltd., a leading pharmaceutical company in Bangladesh, has extended its support to the Bangladesh Air Force by providing essential medicines and financial donations for flood-affected people across the country. This initiative aims to ensure that aid reaches those...

24th AGM of Islami Commercial Insurance held

2024-08-28 00:00:00

The 24th Annual General Meeting of Islami Commercial Insurance Co. Ltd. was held recently at the Engineers Institution in Dhaka. Chairperson of the Board of Directors of the company Shahida Anowar presided over the meeting. Directors Mohammad Yahya, Ashik Hossain,...

Agrani Bank Workshop on Working Capital Assessment

2024-08-28 00:00:00

Agrani Bank Training Institute (ABTI) organised a workshop on 'Working Capital Assessment and Loan Processing'. The three-day workshop was inaugurated and a session was conducted by CEO of Agrani Bank PLC Md. Murshedul Kabir on Tuesday. The workshop was chaired...

JANATA BANK FOUNDATION COURSE FOR OFFICERS

2024-08-28 00:00:00

Managing Director of Janata Bank PLC Md Abdul Jabbar has recently inaugurated a 30-day Foundation Course for Officers (Batch 8/24), organised by Janata Bank Staff College Dhaka. Some 50 officers of the bank participated in the course.

BSEC-ICB view-exchange meeting held

2024-08-28 00:00:00

A view-exchange meeting on various issues of capital market was held between Bangladesh Securities and Exchange Commission (BSEC) and Investment Corporation of Bangladesh (ICB) at the BSEC Bhaban in Dhaka on Tuesday. Khondoker Rashed Maqsood, Chairman of BSEC, Dr. ATM...

Walton stands by flood victims

2024-08-28 00:00:00

Managing Director (MD) of Walton Hi-Tech Industries PLC SM Mahbubul Alam has given special instructions and directives to the distributors, Plaza and sales representatives to extend all-out cooperation to the helpless flood victims.According to his instructions, Walton distributors, plaza representatives...

Daily Shopping launches campaign to support flood-hit people

2024-08-28 00:00:00

The popular retail chain 'Daily Shopping' has launched a campaign to stand by flood-affected people. As part of the initiative, the retail chain shop will donate a portion from each transaction to provide relief to the affected people, says a...

Asiatic 3Sixty contributes to CA’s Relief Fund for flood victims

2024-08-28 00:00:00

The country has recently witnessed devastating floods, which has left countless people homeless. Those impacted not only require rescue assistance but are now facing extreme shortages of food, water and medical services. In this crisis, the members of the Asiatic...

BRAC Bank partners Syngenta to provide agri-financing

2024-08-28 00:00:00

BRAC Bank has entered into a strategic partnership with Syngenta to offer agricultural financing solutions to marginal farmers across Bangladesh.Syed Abdul Momen, Deputy Managing Director and Head of SME Banking of BRAC Bank, and Mohammad Hedayet Ullah, Managing Director of...

Foreign investors ditch India's pricey stocks, opt for new issues

2024-08-28 00:00:00

Foreign investors are unloading their holdings of expensive Indian stocks and turning instead to new listings in primary markets as they seek cheaper exposure to the market and better returns, reports Reuters.Their selling has been driven by profit booking as...

SHAHJALAL ISLAMI BANK ORGANISES FDI REPORTING WORKSHOP

2024-08-28 00:00:00

Shahjalal Islami Bank recently organised a daylong workshop on Foreign Direct Investment (FDI) reporting at its' corporate head office for its' FDI enterprise clients and officials of the bank. The Executive Director of the Bangladesh Bank Training Academy Md. Hanif...

Bourses have legal scope of choosing independent directors: BSEC

MOHAMMAD MUFAZZAL | 2024-08-28 00:00:00

Confusion over the selection of independent directors has been removed as the securities regulator finally found a legal solution.Talking to the FE, officials of the Bangladesh Securities and Exchange Commission (BSEC) said the exchanges' Board and Administration Regulations, 2013 allows...

SOUTHEAST BANK SIGNS MOU WITH PRAGATI LIFE INSURANCE LIMITED

2024-08-28 00:00:00

Southeast Bank (SEB) signed a Memorandum of Understanding (MOU) with "Pragati Life Insurance Limited" at the bank's head office in Dhaka for providing Payroll Banking Service, Collection Service, Payment Service, and other banking services. The bank's Managing Director Nuruddin Md....

UCB elects board chairman, executive committee chairman

2024-08-28 00:00:00

United Commercial Bank during a meeting on Tuesday unanimously elected Dr. Aparup Chowdhury as the board's chairman.Moreover, Bashir Ahmed was elected as executive committee chairman of UCB.Mr Chowdhury was a former secretary to the Government of Bangladesh working for 37...

DSE slips back into the red as policy rate hike deflates investor enthusiasm

FE REPORT | 2024-08-28 00:00:00

Stocks ended in the red on Tuesday after rising for two consecutive days, as investors' enthusiasm was deflated by the latest policy rate hike. The policy rate's rise by a further 50 basis points amid a tightened monetary space heightened...

Gold retreats as US yields firm

2024-08-28 00:00:00

Gold prices fell on Tuesday, weighed down by higher US bond yields, as markets await inflation data that could shed light on the scale of an expected interest rate cut from the Federal Reserve next month, reports Reuters.Spot gold fell...