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Gopalganj's Muksudpur upazila sees a boom in onion production

2025-01-05 00:00:00

OUR CORRESPONDENT GOPALGANJ, Jan 04: Onion cultivation has turned out to be a profitable venture for the farmers in Maharajpur union under Muksudpur upazila of the district in recent years. High profitability is inclining the local peasants to cultivate the...

Bono, Messi, Soros get Presidential Medal of Freedom from Biden

2025-01-05 00:00:00

WASHINGTON, Jan 04 (AFP): Joe Biden on Saturday will award the Presidential Medal of Freedom to 19 honorees, bestowing the highest civilian honor in the United States to entertainers, sports stars, politicians and diplomats.Among those to receive honors from the...

Shakib's ICC Champions Trophy participation still not clear

2025-01-05 00:00:00

Farque Ahmed, president of the Bangladesh Cricket Board (BCB), has hinted that Shakib Al Hasan might be available for the ICC Champions Trophy that will take place in Pakistan and the UAE in February-March this year, reports UNB.Farque, while having...

Dhaka Mohammedan maintain all-win run

2025-01-05 00:00:00

Dhaka Mohammedan SC Ltd maintained their solo lead in the 10-team Bangladesh Premier League (BPL) Football with all-win record outplaying Chittagong Abahani Ltd by 5-1 goals at the Rafiq Uddin Bhuiyan Stadium in Mymensingh Saturday afternoon, reports UNB.With the day's...

Berger Award for Excellence: Architecture Project Exhibition Opens

2025-01-05 00:00:00

Berger Award for Excellence: Architecture Project Exhibition Opens The exhibition of 11th cycle of the Berger Award for Excellence in Architecture (BAEA) began at the Multipurpose Hall of the Institute of Architects Bangladesh (IAB) in Dhaka on January 2. The...

British entrepreneurs invited to invest in Bangladesh

2025-01-05 00:00:00

Lutfey Siddiqi, Special Envoy of Chief Adviser Prof Muhammad Yunus, called upon British entrepreneurs, including Bangladeshi-origin investors, to capitalise on Bangladesh's widespread reforms designed to attract foreign direct investment."We are open to business. We are keen to answer your questions....

Microsoft to spend $80b on AI

2025-01-05 00:00:00

SAN FRANCISCO, Jan 4 (AFP): Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year.Smith contended AI is poised to transform all aspects of life, and...

DURABLE PLASTIC HOLDS INTERNATIONAL DEALER CONFERENCE IN EGYPT

2025-01-05 00:00:00

DURABLE PLASTIC HOLDS INTERNATIONAL DEALER CONFERENCE IN EGYPTThe international dealer conference of Durable Plastic Limited, a concern of the country's leading business conglomerate RFL, was held in Egypt recently. Toukirul Islam, Deputy Managing Director of Durable Plastic, inaugurated the conference...

Biman Bangladesh Airlines, the national flag carrier, celebrated its 53rd founding anniversary

2025-01-05 00:00:00

Biman Bangladesh Airlines, the national flag carrier, celebrated its 53rd founding anniversary with various programmes on Saturday. The photo shows top Biman officials hoisting the National flag at the Biman headquarters, Balaka, in Dhaka at the beginning of the celebrations....

BTRC issues draft guideline to regulate, promote IoT services

FE Report | 2025-01-05 00:00:00

In a move to regulate and foster growth of Internet of Things (IoT) services in Bangladesh, the Bangladesh Telecommunication Regulatory Commission (BTRC) has recently introduced a draft directive to create a supportive ecosystem for startups and attracting investments. The initiative...

Politicians will hinder central banks' easing plan

2025-01-05 00:00:00

LONDON, Jan 4 (Reuters Breakingviews): In 2025, the global economy will be in a much better place than at any time since the outbreak of Covid-19. Growth will be solid, and inflation will finally abate. Those are ideal conditions for...

BDBL OFFICERS ASSOCIATION EXECUTIVE COMMITTEE TAKES CHARGE

2025-01-05 00:00:00

BDBL OFFICERS ASSOCIATION EXECUTIVE COMMITTEE TAKES CHARGEThe installation ceremony of the executive committee of Bangladesh Development Bank Officers Association was held in the conference room of the bank's head office in Dhaka recently. Chairman of the Board of Directors of...

ETFs could face obstacles in 2025 after bumper year

2025-01-05 00:00:00

US exchange-traded funds could face more obstacles to their runaway growth in 2025 after a bumper year saw the products take in a record $1.1 trillion in inflows in 2024, reports Reuters.The inflows were the most in the product's 35-year...

KARMASANGSTHAN BANK DISTRIBUTES WINTER CLOTHES

2025-01-05 00:00:00

KARMASANGSTHAN BANK DISTRIBUTES WINTER CLOTHESKarmasangsthan Bank has started distributing winter clothes among the poor, helpless and marginalised people of society as part of its social responsibility. Chairman of the Board of Directors of the bank Dr AFM Matiur Rahman inaugurated...

Poultry Association blames corporate syndicates for price volatility

2025-01-05 00:00:00

The Bangladesh Poultry Association (BPA) has held corporate syndicates in the poultry feed and chick industry responsible for the volatility in egg and poultry prices."Corporate companies manipulate the market for their commercial gains, driving up the costs of eggs, poultry,...

A step by step guideline to build long-term network

Syed Mosayeb Alam | 2025-01-05 00:00:00

Bangladesh's business world does not wait; rather, it adapts. Standing still means slipping behind. Cultural differences and unpredictable markets create competitive hurdles for small and medium-sized firms (SMEs). Yet, those who crack the networking code often turn obstacles into opportunities.Research...

Why Pathao's cofounder hunt is a lesson for entrepreneurs

Maisha Zaahir | 2025-01-05 00:00:00

Pathao, one of Bangladesh's most renowned startups, is reportedly on the search for a cofounder to help launch its next big idea. Pathao is one of the early startups in Bangladesh that ushered in the entrepreneurial revolution in the country....

From wishes to reality

MEGH RAHMAN | 2025-01-05 00:00:00

Have you noticed how most of the New Year resolutions dwindle by February? But, the only feel better thing is that you aren't alone. Every year millions of people promise to mend their ways for a better life on January...

Russia vows response after US-supplied missiles hit Belgorod

2025-01-05 00:00:00

MOSCOW, Jan 04 (AFP): Russia vowed on Saturday to retaliate after it accused Ukraine of firing US-supplied ATACMS missiles at the border region of Belgorod the previous day.Outgoing US President Joe Biden authorised Kyiv to use the long-range weapons against...

19 killed in Israeli strikes on Gaza

2025-01-05 00:00:00

GAZA, Jan 04 (AFP): Rescuers in Gaza said on Saturday that at least 19 people, including eight children, were killed in Israeli strikes across the Palestinian territory.According to the civil defence agency, an air strike at dawn on the house...

S Korea in political crisis after Yoon resists arrest

2025-01-05 00:00:00

SEOUL, Jan 04 (AFP): South Korea's political leadership was in uncharted territory Saturday after the sitting president resisted arrest over a failed martial law decree days before the warrant expires.In scenes of high drama on Friday, Yoon Suk Yeol's presidential...

SOUTHEAST BANK HOLDS ANNUAL AGENT BANKING CONFERENCE 2025

2025-01-05 00:00:00

SOUTHEAST BANK HOLDS ANNUAL AGENT BANKING CONFERENCE 2025Southeast Bank organised its 'Annual Agent Banking Conference 2025' at the bank's head office in the capital. The bank's Chairman M.A. Kashem inaugurated the event as the chief guest. The programme was attended...

The central bank has said it will work on maintaining a normal upward-sloping yield curve, where long-term rates are above short-term rates

2025-01-05 00:00:00

SHANGHAI, Jan 4 (Reuters): China's central bank summoned some fund managers on Friday to warn them against chasing a fervid bond rally, two sources said, amid worries that a bubble in bonds might undercut Beijing's efforts to revive growth and...

China's central bank warns mutual funds against feeding bond frenzy, sources say

2025-01-05 00:00:00

SHANGHAI, Jan 4 (Reuters): China's central bank summoned some fund managers on Friday to warn them against chasing a fervid bond rally, two sources said, amid worries that a bubble in bonds might undercut Beijing's efforts to revive growth and...

Factors behind multinational cos' poor show on bourses in 2024

Mohammad Mufazzal | 2025-01-05 00:00:00

Multinational companies (MNCs) failed to perform well in the secondary market last year because of macroeconomic worries and liquidity shortage.Despite being fundamentally strong, a majority of these companies witnessed price erosion throughout the year, except for a few sessions immediately...

The good, the bad and the missing

Anis Chowdhury | 2025-01-05 00:00:00

About 400 pages long report by a panel of eminent economists, led by Dr. Debapriya Bhattacharya, was submitted on November 30 after about four months of deliberations. It contains 23 chapters, placed under five (5) broad themes - macroeconomy, structural,...

VAT increase and its impact

2025-01-05 00:00:00

The interim government has decided to impose 15 per cent VAT on 43 types of products and services. The National Board of Revenue (NBR) is expected to issue an order following a vetting from the law ministry.A large number of...

Need for low-cost radiotherapy

2025-01-05 00:00:00

Bangladesh needs 300 radiotherapy machines. However, government and private hospitals have only 37 machines in the country, and many of those are out of order. Two of the six radiotherapy machines at the National Cancer Research Institute and Hospital were...

Adjusting the trade policy in 2025

Asjadul Kibria | 2025-01-05 00:00:00

Every year presents a unique mix of challenges and opportunities, and 2025 is no different. For Bangladesh, it brings a host of challenges on the political and economic fronts, but also significant opportunities to propel the nation to new heights....

December export bodes well for future

2025-01-05 00:00:00

Despite socio-political instability centring the July-August mass upsurge, the country's export earnings during the July-December period of the current fiscal year surpassed that of the corresponding period of the previous fiscal. This is seen as a silver lining in the...