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TIB organised a human-chain

2024-12-09 00:00:00

Transparency International Bangladesh (TIB) organised a human-chain on Manik Mia Avenue in the capital on Sunday to mark the International Anti-Corruption Day. — FE Photo

Notre Dame re-opens five yrs after fire

2024-12-09 00:00:00

PARIS, Dec 08 (AFP): The archbishop of Paris re-opened Notre Dame cathedral on Saturday by symbolically knocking on the doors and entering the 12th-century landmark which has been restored after a devastating fire in 2019.Wearing new designer vestments and carrying...

14,000 young Americans visit China

2024-12-09 00:00:00

WASHINGTON, Dec 08 (Xinhua): Over the past year, about 14,000 American youths have visited China for exchange and study since the announcement of China's pledge to invite 50,000 young Americans to visit in the next five years, Chinese Ambassador to...

S Korean opposition will try again to impeach president Dec 14

2024-12-09 00:00:00

SEOUL, Dec 08 (AFP/AP): South Korea's main opposition party will try again on December 14 to impeach President Yoon Suk Yeol, its leader Lee Jae-myung said Sunday."Yoon, the principal culprit behind the insurrection and military coup that destroyed South Korea's...

Zelensky is ready for 'deal' with Russia, Trump says

2024-12-09 00:00:00

PARIS, Dec 08 (AFP): US president-elect Donald Trump said on Sunday that Ukrainian President Volodymyr Zelensky is keen on a "deal" to end the war with Russia, after the pair met in Paris to discuss the future of the conflict.French...

People celebrate fall of Assad in capital

2024-12-09 00:00:00

Thousands in cars and on foot congregated at a main square in Damascus waving and chanting "Freedom"DAMASCUS, Dec 08 (Reuters/AFP): Syrian President Bashar al-Assad flew out of Damascus for an unknown destination on Sunday, two senior army officers told Reuters,...

Syrian PM ready to cooperate with new leadership

2024-12-09 00:00:00

DAMASCUS, Dec 08 (AFP/BBC/AP): Syrian Prime Minister Mohammed al-Jalali said Sunday he was ready to "cooperate" with any leadership chosen by the people, after rebels said "tyrant" President Bashar al-Assad had fled the country.The leader of the Islamist Syrian rebel...

Airlines not switching quickly enough to green jet fuel: Study

2024-12-09 00:00:00

Most of the world's airlines are not doing enough to switch to sustainable jet fuel, according to a study by Brussels-based advocacy group Transport and Environment, which also found too little investment by oil producers in the transition, reports Reuters.The...

Nippon Steel committed to US Steel takeover, says executive

2024-12-09 00:00:00

TOKYO, Dec 8 (Reuters): Japan's Nippon Steel is committed to its $15 billion acquisition of US Steel and is confident of completing it by year-end, a senior executive said, despite strong US opposition including from President-elect Donald Trump."We will not...

Saudi crude oil prices to Asia slump to 4-year low on weak demand

2024-12-09 00:00:00

DUBAI, Dec 8 (Reuters):The world's biggest crude oil exporter Saudi Aramco has cut its January 2025 prices for Asian buyers to the lowest level since early 2021 as weak demand from top importer China weighs on the market, it said...

China-Indian Ocean Region Forum begins December 15

2024-12-09 00:00:00

BEIJING, Dec 08 (Express Tribune): The Third China-Indian Ocean Region Forum on Blue Economy Development Cooperation will be held from December 15 to 17, which is expected to deepen pragmatic marine cooperation and continue to promote global sustainable development.Under the...

Retail space demand in Riyadh drives 4.2pc rent increase

2024-12-09 00:00:00

RIYADH, Dec 08 (Arab News): The retail market in Riyadh saw a five-per centage-point increase in occupancy rates, reaching 92 per cent by the end of the third quarter, according to a new report by Knight Frank. The report also...

UK leader Starmer heads to Gulf to talk trade, Mideast

2024-12-09 00:00:00

LONDON, Dec 08 (AFP): Britain's leader Keir Starmer makes his first trip to the Gulf as prime minister from Sunday, seeking to attract investment from the region's oil-rich states, Downing Street announced.Starmer will first visit the United Arab Emirates and...

Walmart, Amazon holiday spending rise as Target, Best Buy stumble

2024-12-09 00:00:00

NEW YORK, Dec 08 (Reuters): Walmart Inc, Amazon.com and fast-growing e-commerce sites Shein and PDD Holding's Temu saw record-breaking sales on Black Friday and Cyber Monday, according to spending data, suggesting that they may finish the holiday season on a...

Goldman Sachs quits global climate coalition for banks

2024-12-09 00:00:00

LONDON, Dec 8 (Reuters): Goldman Sachs said it has quit a sector coalition aimed at aligning bank lending and investment activities with global efforts to fight climate change, becoming the most high-profile member to leave the group.The US investment bank's...

Shahjalal Islami Bank opens Sorojganj sub-branch

2024-12-09 00:00:00

Shahjalal Islami Bank PLC opened its 5th sub-branch at Sorojganj in Chuadanga on Sunday. Managing Director of the bank Mosleh Uddin Ahmed was present as the chief guest and formally inaugurated the Sorojganj sub-branch. The sub-branch will conduct all its...

Trust Bank holds Annual Risk Conference

2024-12-09 00:00:00

The Annual Risk Conference-2024 of Trust Bank PLC was held on a digital platform at the Head Office of the bank recently. Ahsan Zaman Chowdhury, Managing Director of the bank, along with other officials were present in the programme.

NATIONAL BANK HOLDS REGIONAL BUSINESS CONFERENCE

2024-12-09 00:00:00

National Bank hosted its Regional Business Conference (Mymensingh) at the Surjodip Convention Centre in Mymensingh on Saturday. Abdul Awal Mintoo, Chairman of National Bank, was present as the chief guest. The conference was attended by Moazzam Hossain, Vice Chairman &...

CONCORD ARCHITECTS SIGNS MOU WITH MUTUAL TRUST BANK

2024-12-09 00:00:00

Concord Architects & Interior Decor Limited, a leading interior solutions company, has signed an agreement with Mutual Trust Bank PLC (MTB) at Concord Group's corporate office in the city recently. Under this agreement, MTB clients are set to enjoy exclusive...

UCB Investment wins six FinanceAsia awards

2024-12-09 00:00:00

UCB Investment Limited (UCBIL), a wholly owned subsidiary of United Commercial Bank PLC, has achieved a milestone by securing six prestigious awards at the FinanceAsia Achievement Awards 2024, says a statement.UCB Investment won two Best House Awards in the Asia...

Asian spot LNG remains near highest level this year

2024-12-09 00:00:00

LONDON, Dec 8 (Reuters): Asian spot liquefied natural gas (LNG) prices edged down last week as high inventories depressed demand, but prices remained near their highest level this year, tracking European gas prices which have risen on supply concerns.The average...

Dhaka optimistic about resolving trade standoff with India

2024-12-09 00:00:00

Bangladesh anticipates that the ongoing trade slowdown with India, which has persisted over the past two to three months, will be resolved soon, Foreign Adviser Md Touhid Hossain said on Sunday. "The slowdown is impacting not just Bangladesh but also...

Delays in opening LCs hampering supply chain: BIDS study

FE REPORT | 2024-12-09 00:00:00

Readymade garment exporters in Bangladesh are facing banking-related challenges, particularly in cases of raw material imports and product exports, according to a latest study by the Bangladesh Institute of Development Studies (BIDS). The most pressing concerns included delays in opening...

Ant Group's President Han to become CEO

2024-12-09 00:00:00

NEW YORK, Dec 08 (Reuters): The president and financial chief of China's Ant Group, Cyril Han, will take over from Eric Jing as chief executive from March 1, showed an internal memo seen by Reuters which was confirmed by a...

EV maker VinFast to build second production plant in Vietnam

2024-12-09 00:00:00

HANOI, Dec 08 (Reuters): Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production plant that will double its output capacity, saying it is needed to meet increased demand for its small and...

Community Bank holds Annual Risk Conference

2024-12-09 00:00:00

Community Bank Bangladesh PLC hosted its Annual Risk Conference 2024 at the bank's Head Office recently. The conference was chaired by Mohammad Abdul Qaium Khan, Managing Director (Current Charge) of Community Bank. Saiful Alam, Chief Risk Officer (CRO); Mohammad Khairul...

Standard Bank Audit Committee meeting held

2024-12-09 00:00:00

The 119th meeting of the Audit Committee of the Board of Directors of Standard Bank PLC was held at the bank's Head Office in Dhaka on Sunday. Chairman of the committee Golam Hafiz Ahmed presided over the meeting attended by...

JANATA BANK BOARD HOLDS MEETING ON DEFAULTED LOANS

2024-12-09 00:00:00

An extraordinary meeting of the Board of Directors of Janata Bank PLC was held at its head office in Dhaka on Saturday to discuss ways to recover loans from top defaulters in collaboration with the government and Bangladesh Bank. Chairman...

NRB Bank opens Maijdee Branch

2024-12-09 00:00:00

NRB Bank PLC, a leading emerging bank of the country, opens its Maijdee Branch in Noakhali recently. Tarek Reaz Khan, Managing Director of NRB Bank, formally inaugurated the branch as the chief guest. Deputy Managing Director Anwar Uddin, SEVP &...

US clears export of advanced AI chips to UAE under Microsoft deal

2024-12-09 00:00:00

NEW YORK, Dec 08 (Reuters): The US government has approved the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab Emirates as part of the company's highly-scrutinized partnership with Emirati AI firm G42, Axios reported...