NEW YORK, May 21 (Reuters Breakingviews): Snap Chief Executive Evan Spiegel is sounding more like Mark Zuckerberg. He's chased the same advertisers courted by the Meta Platforms boss, while also spending big on artificial intelligence. Meta stole Snap's thunder in...
MUMBAI, May 21 (Reuters Breakingviews): India's next government could raid investors. Global money managers are worrying that, if re-elected, Prime Minister Narendra Modi's administration will make sweeping changes to tax rules, including increasing the money it collects on capital gains...
COLOMBO, May 21 (Reuters): Sri Lanka's consumer price inflation rose to 2.7 per cent in April from 2.5 per cent in March, official data showed on Tuesday.The National Consumer Price Index (NCPI) captures broad retail price inflation and is released...
Janata Bank PLC has opened a new branch at Nalitabari in Sherpur with all facilities of modern banking. The bank's DMD Md. Faiz Alam along with other officials inaugurated the 928th branch as the chief guest at MN Plaza (2nd...
WASHINGTON, May 21 (AFP): Trump Media and Technology Group, which owns former US president Donald Trump's social media platform Truth Social, lost more than $300 million in the first quarter of 2024, it said Monday.TMTG, which recently went public, posted...
Professor Dr. Suborna Barua, chairman of the board of directors of ICB, Md. Abul Hossain, managing director of ICB, Mahmuda Akhter, CEO of IAMCL, Md. Mofizur Rahman, CEO of ISTCL, and Mazeda Khatun, CEO of ICML, congratulated Md. Abdur Rahman...
Eastern Bank (EBL) becomes the banking partner of CIIC Service Bd. Co. Ltd., managing the Chinese visa application center in Bangladesh. Ahmed Shaheen, acting managing director of EBL, and Hong Haoyue, consul of the Chinese Embassy, launched the EBL- CIIC...
Customer Awareness Week-2024 of the Bangladesh Bank (BB) has begun in the country's northern Rangpur division, aiming to enhance banking-related awareness among customers. Deputy Governor of Bangladesh Bank Md. Khurshid Alam was the chief guest at the opening ceremony held...
Mahindra Tractors, part of the Mahindra Group and the world's No.1 tractor manufacturer by volume, has recently launched a new campaign drawing out a unique play between Tractor businessmen, farmers of Bangladesh and the Mahindra Tractor brand, says a press...
FE REPORT | 2024-05-22 00:00:00
Many cottage, micro, and small entrepreneurs across the country lack adequate financial management skills, and as a result they fail to secure funding from formal lenders, which poses a major challenge towards their growth, experts said at a roundtable on...
TOKYO, May 21 (Reuters): Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about the negative implications of the current weakness in the yen and its effect on incentives to increase wages."One of our major goals is to...
FE REPORT | 2024-05-22 00:00:00
Prime Bank has received primary consent from the central bank to set up a subsidiary to provide mobile financial services (MFS) under Bangladesh Mobile Financial Services (MFS) Regulations 2022.The initial paid-up capital of the subsidiary will be Tk 450 million,...
BABUL BARMAN | 2024-05-22 00:00:00
Foreign stakes in listed securities have continued to fall as overseas investors dumped their holdings, having lost faith in the market and become worried over the sharp devaluation of the local currency against the dollar. The market index hovered around...
ISLAMABAD, May 21 (Reuters): Pakistan's economy grew 2.09 per cent in the third quarter of the financial year 2023-2024, supported by higher growth in agriculture, the Pakistan Bureau of Statistics said in a press release on Tuesday.The estimated provisional growth...
LONDON, May 21 (Reuters): Countries raised a record $104 billion last year by charging firms for emitting carbon dioxide, but prices remain too low to drive changes needed to meet Paris climate accord targets, the World Bank said in a...
Bashundhara Cement organised a daylong Annual Sales Conference-2024 with the theme 'Empowering sales through innovation and strategy' on Sunday. Bashundhara Group's Vice Chairman Safwan Sobhan inaugurated the event at International Convention City Bashundhara, Dhaka. Over 300 members of Bashundhara Cement's...
The British Asian Trust has appointed Eshrat Waris as its first Bangladesh Director. The British Asian Trust was founded in 2007 by King Charles III, together with leading British Asian business leaders. To date the Trust has supported more than...
Social Islami Bank PLC opened 10 new sub-branches on Monday. Zafar Alam, Managing Director and CEO, inaugurated the sub-branches as the chief guest while Mohammad Forkanullah, Deputy Managing Director, presided over the programme held at the bank's head office in...
SEOUL, May 21 (Reuters): Sixteen companies involved in AI, including Alphabet's Google, Meta, Microsoft and OpenAI, as well as companies from China, South Korea and the United Arab Emirates have committed to safe development of the technology.The announcement unveiled in...
FE REPORT | 2024-05-22 00:00:00
Bangladesh and Nepal have expressed their interests to share knowledge and best practices in sustainable forest management, renewable energy development, and climate resilience strategies.The interests were expressed at a meeting between Prime Minister of Nepal Pushpa Kamal Dahal 'Prachanda' and...
DINAJPUR, May 21 (BSS): A motorcyclist was killed and another injured after being hit by a truck on the Dinajpur-Rangpur highway in Ramdubi Bazar area under Dinajpur Sadar upazila on Tuesday.The deceased was identified as Anwar Hossain, 32, resident of...
Farmers busy threshing Boro paddy at Dogachchi village in Sreenagar upazila of Munshiganj district — Focus Bangla
MAGURA, May 21 (UNB): Police recovered the body of a farmer from his house at Borokhari village in Magura's Sadar upazila on Tuesday.The deceased was identified as Hafizur Lashkar, 63, of the village.Magura Police Station Officer-in-Charge Mehedi Hasan confirmed the...
RAJSHAHI, May 21 (BSS): Climate-resilient farming method of Alternate Wetting and Drying-AWD is being thrived in the Barind area as it is being detected as drought-prone due to the adverse impact of climate change.During the current Boro-paddy season, AWD method...
OUR CORRESPONDENT | 2024-05-22 00:00:00
KHULNA, May 21: Sales of palm shells have surged in Khulna city amid the sultry summer heat that made public life unbearable.Throughout the nine upazilas of Khulna district, people are seen on both sides of roads, offering baskets filled with...
SYDNEY, May 21 (AFP): Rising talent Jake Fraser-McGurk and fellow batsman Matt Short were added to Australia's Twenty20 World Cup squad as travelling reserves Tuesday.Fraser-McGurk has been in rampant form for Delhi Capitals in the IPL while the versatile Short,...
Rafael Nadal hopes to play in the French Open where he would be in the unfamiliar role of underdog but niggling injuries threaten to sour what would likely be the Spaniard's last appearance at the Grand Slam he dominated for...
Ashik Chowdhury, a professional skydiver, posing with the Bangladesh flag after a press conference at the Economic Reporters Forum auditorium in the city on Tuesday. He is set to jump from 41,000 feet to set a new Guinness World Record....
Bangladesh pacer Taskin Ahmed has been roped into Colombo Strikers in the ongoing Lanka Premier League (LPL) Player auction. Meanwhile, LPL team Dambulla Thunders has signed Bangladeshi pacer Mustafizur Rahman for the upcoming season, marking his first appearance in the...
Many would suggest consistency at the top in the batting department, while others will argue death bowling and fielding but on top of everything remains the form of Liton Kumar Das, who is going through a lean phase off late...
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