SBAC Bank holds 11tH AGM The 11th Annual General Meeting (AGM) of SBAC Bank PLC was held on Saturday through hybrid system at RAOWA Centre. Chairman of the Board of Directors of the bank AZM Shofiuddin Shamim MP presided over...
SONALI BANK HOLDS BUSINESS CONFERENCE IN SYLHET Sonali Bank PLC, General Manager's Office, Sylhet, arranged a 'Divisional Conference and Business Discussion Meeting-2024' at a hotel in Sylhet city on Saturday. Chief Executive Officer of the bank Md Afzal Karim was...
The World Bank (WB)'s Board of Executive Directors approved two projects totalling US$900 million to help Bangladesh strengthen fiscal and financial sector policies and improve urban infrastructure and management to ensure sustainable and climate-resilient growth, reports BSS."Decisive reforms will help...
BRAC Bank signs agreement with Society for Social ServiceBRAC Bank and the Society for Social Service (SSS), a renowned microfinance institution, have come together in a significant partnership, signing an Employee Banking agreement. A K M Shahadul Islam, Head of...
ANKARA, June 22 (Reuters): Turkish Finance Minister Mehmet Simsek met with investors at a Deutsche Bank-organised investor meeting in London on Thursday and participants said Turkey stood out positively among emerging markets, a meeting participant said. He said Simsek spoke...
City Bank recently signed a $30 million loan agreement with OPEC Fund for International Development to support international trade through financing import and export companies in Bangladesh. OPEC Fund Vice President Tareq Alnassar and Sheikh Mohammad Maroof, additional managing director...
Mohammad Mufazzal | 2024-06-23 00:00:00
Nearly nine months after getting the regulatory consent, LankaBangla Asset Management is yet to float the country's first-ever Exchange Traded Fund (ETF) namely LB Multi Asset Income ETF because of apathy among eligible investors. In October last year, the Bangladesh...
Syed Mansur Hashim | 2024-06-22 12:00:00
For a nation that is as densely populated as Bangladesh, food availability remains a major headache for policymakers. A report published in March, 2024, titled 'Changing Climate of Bangladesh', jointly prepared by researchers from the Bangladesh Meteorological Department (BMD) and...
RIYADH, June 21 (AFP) : After years of failing to secure a hajj visa, Yasser finally concluded he had no choice but to perform the holy pilgrimage illegally, a move he has now come to regret.While he survived the gruelling...
UNITED NATIONS, Jun 21 (AP) : The United Nations chief warned Thursday that "the perils of weaponizing digital technologies are growing by the year" and malicious activity in cyberspace is on the rise by governments, non-government actors and criminals.At the...
Eleven people were hospitalised with dengue fever in 24 hours till Friday morning, reports UNB.All of them are from Dhaka city, according to the Directorate General of Health Services (DGHS).Currently, 136 patients are receiving treatment at several hospitals across the...
NEW DELHI, June 21 (AFP): An Indian court stopped on Friday the release from jail of one of Prime Minister Narendra Modi's chief opponents, a day after he was granted bail in a long-running corruption case, reports said.Arvind Kejriwal, the...
At least five people were killed on Friday in three separate accidents in 3 districts including one in capital city, reports UNB.In Dhaka a man was killed after being hit by an unidentified vehicle on the Hanif flyover in Wari...
FE REPORT | 2024-06-22 00:00:00
The first return Hajj flight of Biman Bangladesh Airlines carrying 419 pilgrims landed at Dhaka's Hazrat Shahjalal International Airport (HSIA) from the Kingdom of Saudi Arabia (KSA) early on Friday.The flight 'BG 332' landed at the HSIA around 5:40am, said...
WASHINGTON, June 21 (AFP): Donald Trump said he wants to grant green cards to foreign graduates from US colleges, in an apparent softening of his typically hard-line view on immigration, a key election issue.The Republican candidate made the remarks in...
COX'S BAZAR, June 21 (BSS): A couple died following a landslide in Badshagona area of the district town in the early hours of today as the district witnessed heavy rainfalls for the last few days.The victims were identified as Anwar...
Armenia has officially recognised a Palestinian state, the Armenian foreign ministry said on Friday, the latest country to do so despite opposition from Israel.Armenia supports a United Nations resolution on an immediate ceasefire in Israel's war with Hamas in Gaza...
FE REPORT | 2024-06-22 00:00:00
Bangladesh Police Service Association (BPSA) urges maintaining more caution and proper adherence to journalistic ethics in reporting about the force, as recent random graft reports came to its notice.The association made the appeal in a press release issued Friday, claiming...
FE REPORT | 2024-06-22 00:00:00
Bangladesh Awami League (AL) general secretary Obaidul Quader alleged on Friday that the country's police force was being harassed by vested quarters including Bangladesh Nationalist Party (BNP). He said that BNP leaders were grossly spreading rumours and falsehood against Awami...
Prices of beef, mutton, chickens, eggs, green chilli and vegetables are still high in the kitchen market of the capital city Dhaka, despite demand falling as holidaymakers return to the city, reports UNB.The market insiders said that the prices of...
GULAM RABBANI | 2024-06-22 00:00:00
Gold smuggling through different ports in Bangladesh, including the main gateway, shows little letup despite tight vigilance by law-enforcement agencies in the wake of consequential happenings, sources say. Although carriers of the consignments are being caught sometimes, 'godfathers' behind the...
FE REPORT | 2024-06-22 00:00:00
UNICEF has expressed deep concern as over 2,000,000 people, including over 772,000 children, are affected by devastating flash floods in the north-eastern region of Bangladesh.The flood-affected people are in urgent need of assistance, the UNICEF Representative to Bangladesh Sheldon Yett...
After being battered by heavy rainfall and the onrush of water from upstream for the past few days, water levels in several rivers in Sylhet started receding on Thursday, report agencies.The speed of water receding increased Friday compared to Thursday....
FE REPORT | 2024-06-22 00:00:00
The government will honour 22 farmers with 'Agriculturally Important Person (AIP)' status for their outstanding contributions to the development of the country's agriculture sector in 2021.The AIP status was introduced in 2020 and is similar in level to the Commercially...
ARAFAT ARA | 2024-06-22 00:00:00
Banking in Bangladesh is on the cusp of a fast switchover to cash recycling machine (CRM) technology that completes real-time deposit and cash withdrawal without clients having to visit bank offices. Customers will no longer need to go to banks...
NEW DELHI, June 21 (UNB): Indian External Affairs Minister Dr S Jaishankar on Friday met Prime Minister Sheikh Hasina and discussed issues of mutual interest.The meeting was held at the Hotel Taj Palace in the Indian capital."Bangladesh is a key...
FHM HUMAYAN KABIR | 2024-06-22 00:00:00
Consumption compared to Bangladesh's GDP in the outgoing fiscal year has been the lowest in three years, as entrenched inflation, yawning income inequality and waning purchasing power eat out from commoners' platters, economists say and official data substantiate. The consumption-GDP...
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