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REB, PDB and BERC get new chairmen

2024-08-25 00:00:00

The Rural Electrification Board, the Power Development Board and the Bangladesh Energy Regulatory Commission are receiving new chairmen amid a widespread reshuffle in the administration, reports bdnews24.com.Maj Gen SM Zia-ul-Azim was appointed as the chairman of the Bangladesh REB in...

HSBC looks to double UK wealth business as banks target 'mass affluent'

2024-08-25 00:00:00

LONDON, Aug 24 (Reuters): HSBC aims to double the assets under management in its British wealth business to 100 billion pounds ($131 billion) in the next five years, the division's head told Reuters, joining rivals in targeting more fee income...

Apparel industry tops social audit even amid a global decline

Monira Munni | 2024-08-25 00:00:00

The Bangladeshi readymade garment industry continues to undergo the highest average number of social audits, which assess labour and human rights risks, even as audits have declined in other surveyed countries including China, Vietnam, Turkey and India, according to a...

Shaheen, wife Ansha blessed with baby boy

2024-08-25 00:00:00

Pakistani fast bowler Shaheen Shah Afridi and his wife Ansha Afridi have welcomed their first child, a baby boy, on Saturday while the dad participates in the ongoing two-Test series against Bangladesh, reports Pakistani Tv channel Geo Tv.The cricketer received...

Mushfiq misses a double-ton but creates records

2024-08-25 00:00:00

Bangladesh batter Mushfiqur Rahim missed a double-ton by just nine runs in the ongoing Rawalpindi Test against Pakistan on Saturday. He ended up on 191. Despite missing on the chance of his fourth double ton, Mushfiqur brought some changes to...

Mushfiqur hits 191, hands Tigers advantage

2024-08-25 00:00:00

RAWALPINDI, Pakistan, Aug 24 (AFP): Senior batter Mushfiqur Rahim hit a brilliant 191 on the fourth day of the first Test in Rawalpindi on Saturday, giving Bangladesh an outside chance of a maiden victory over Pakistan.The diminutive batter was the...

How engineering students are gaining real-world business skills

2024-08-25 00:00:00

Mansura Islam Orthy"INTERN," an annual business case competition organised by the IUT Career and Business Society (CBS) for first-year students of the Islamic University of Technology, is in its sixth edition this year. Since its inception in 2018, this intra-IUT...

A call to reform the public universities

Afiea Ibnat Suchi | 2024-08-25 00:00:00

In Bangladesh, the opportunity to study at a public university is like gold dust. Due to obvious reasons, every year a large number of students embrace the battle of securing it, and in the end, few fortunate ones become successful...

Rohingya's fate remains unchanged even after seven years

Mahbubul Haque | 2024-08-25 00:00:00

The Rohingya have faced a continuous process of de-legitimization, systematic persecution, and worsening abuses culminating in genocide. Today is the seventh year of the Myanmar military's genocidal attacks against the Rohingya. The Rohingya diaspora in different countries observe today as...

Modern irrigation tech being promoted in Barind tract

2024-08-25 00:00:00

RAJSHAHI, Aug 24 (BSS): Abu Zafar Ahmed, a farmer of Mohanpur village under Godagari upazila, has been cultivating guava on eight bighas of land for the last couple of years. He had to arrange irrigation to the orchard regularly through...

15-month-old girl drowns in Dinajpur pond

2024-08-25 00:00:00

DINAJPUR, Aug 24 (UNB): A 15-month-old girl drowned in a pond in the Birganj upazila of Dinajpur on Saturday.The deceased was identified as Vanu Rani Roy, daughter of Dharma Narayan Roy, from the Jharbari Devdarupara area of the Shatagram Union.Sub-inspector...

Summer tomato farming now getting popular

2024-08-25 00:00:00

OUR CORRESPONDENTSTomato cultivation is now getting popular in the summertime in different districts for its high demand and good profits.Our Khulna Correspondent says that Bangladesh Agricultural Research Institute has developed Bari-8 variety of summer tomato which is being cultivated commercially.Summer...

Abu Sayeed's father looks for dead son among thousands

2024-08-25 00:00:00

PIRGANJ, Rangpur, Aug 24 (BSS): Mokhbul Hossain in an illusion looks for his son Abu Sayeed killed in police firing during the student-mass upsurge as thousands of people irrespective of party affiliations, professions, castes and creeds regularly visit the grave...

Hilsa price plummets on increased supply

OUR CORRESPONDENT | 2024-08-25 00:00:00

CHANDPUR, Aug 24: Price of hilsa fish has come down by Tk200-Tk300 per kg in the fish markets of Chandpur district town on the back of its increased supply in the last couple of days. At this time, Chandpur Fish...

IMF says right for US to cut rates though inflation risk not gone

2024-08-25 00:00:00

JACKSON HOLE, Aug 24 (Reuters): The imminent rate cuts planned by the US Federal Reserve are "in line" with International Monetary Fund (IMF) advice that has put a premium on ensuring inflation was controlled but now sees risks shifting toward...

Dollar falls after Fed's Powell greenlights September easing

2024-08-25 00:00:00

WASHINGTON, Aug 24 (Reuters): The dollar fell and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an unambiguous signal that the long-anticipated US interest rate cut would come next...

PRAN-RFL stands by flood-hit people

2024-08-25 00:00:00

The country's one of the leading business conglomerates PRAN-RFL group has stood beside the flood affected people in different districts of the country, reports BSS.Dry foods and bottled water are being provided to the flood affected people under the initiative...

Employees of US-Bangla donate one day’s salary for flood victims

2024-08-25 00:00:00

In response to the ongoing floods in south-eastern Bangladesh, US-Bangla Airlines has pledged its support to the flood-hit communities, reports UNB.The airline's pilots, engineers, cabin crew, and all other staff have committed to donating an amount equivalent to one day's...

Sony-Smart provides free healthcare services at Uttara showroom

2024-08-25 00:00:00

Smart Technologies (BD) Limited, the official distributor of Sony in Bangladesh, has launched a three-day free healthcare service programme under the theme 'Let Life Be Secure.' The initiative was inaugurated at the Sony-Smart's Uttara showroom in the city on Saturday,...

First meeting of new board of directors of National Bank

2024-08-25 00:00:00

First meeting of new board of directors of National Bank The first meeting of the newly-formed board of directors of National Bank was held on August 22, 2024. In the meeting of the board, sponsor director Abdul Awal Mintoo was...

Prime Bank pledges relief package of Tk 20m for flood victims

2024-08-25 00:00:00

Prime Bank pledges relief package of Tk 20m for flood victimsPrime Bank held an emergency board meeting on Saturday in response to the severe flood situation currently affecting many districts of the country. The board of directors of Prime Bank...

Tapan Chowdhury new chairman of CDBL

FE Report | 2024-08-25 00:00:00

Tapan Chowdhury, managing director of Square Pharmaceuticals, has been selected as chairman of the Central Depository Bangladesh Ltd (CDBL).He was chosen by the directors of the CDBL at a board meeting on Thursday, according to a press release.Rupali Haque Chowdhury,...

Market regulator needs to look at itself before planning reforms

Farhan Fardaus | 2024-08-25 00:00:00

The securities regulator had been directly or indirectly involved in financial frauds that eroded investor confidence, crippling the market over a period of a decade and a half.That has created a ground for an in-depth and impartial investigation into the...

China has cut new coal power plant permits by nearly 80pc: Greenpeace

2024-08-25 00:00:00

BEIJING, Aug 24 (Reuters): China, the world's largest builder of coal-fired power stations, cut the number of permits for new plants by nearly 80 per cent in the first half of 2024, an environmental group report finds, saying time would...

Soybeans gain ahead of heat wave

2024-08-25 00:00:00

CHICAGO, Aug 24 (Reuters): Chicago Board of Trade soybeans rose on Friday as traders covered short positions ahead of the weekend while monitoring an incoming heat wave that could threaten some crops in the US Midwest, traders said.Most-active November soybeans...

India's silver imports to double on demand for solar, investment

2024-08-25 00:00:00

BENGALURU, Aug 24 (Reuters): India's silver imports are on course to nearly double this year due to rising demand from solar panel and electronics makers, and as investors bet the metal will give better returns than gold, leading importers said...

Equinor halts Vietnam offshore wind plans, to close Hanoi office

2024-08-25 00:00:00

HANOI/OSLO, Aug 24 (Reuters): Norway's state-controlled energy giant Equinor has cancelled plans to invest in Vietnam's offshore wind sector, a company spokesperson told Reuters, in a setback for the Southeast Asian country's green power ambitions.Vietnam has attracted international interest in...

Morgan Stanley cuts oil demand growth outlook on China factors

2024-08-25 00:00:00

Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China's slower economic growth, increased electric vehicle usage there, and a rise in the number of trucks in China powered by liquefied natural gas (LNG),...

Three killed, 8 hurt in German city

2024-08-25 00:00:00

BERLIN, Aug 24 (BBC): A manhunt is under way after three people were killed and eight others injured in a knife attack in the western German city of Solingen, police say.The attack happened during a festival in the city centre...

US, European, Latin American nations reject Maduro vote certification

2024-08-25 00:00:00

CARACAS, Aug 24 (AFP): The United States along with countries inEurope and Latin America on Friday rejected the certification by Venezuela's Supreme Court of strongman Nicolas Maduro's widely questioned presidential reelection.Washington, which has sanctions in place against Maduro's regime, said...