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Buddha Purnima today-

2024-05-22 00:00:00

Buddha Purnima, the biggest religious festival of the Buddhist community, will be celebrated across the country today (Wednesday), reports UNB.Buddha Purnima marks the birth, enlightenment and death of Gautama Buddha. On this day in 563 BC, Buddha was born as...

EWU Environmental and Social Club organised a two-day "Eco Fair 3.0"

2024-05-22 00:00:00

East West University (EWU) Environmental and Social Club organised a two-day "Eco Fair 3.0" to showcase eco-friendly products and solutions on its campus in the city recently. EWU Vice-Chancellor Prof Shams Rahman, Treasurer Air Cdre (retd) Ishfaq Ilahi Choudhury and...

General SM Shafiuddin Ahmed watering a sapling

2024-05-22 00:00:00

Chief of Army Staff General SM Shafiuddin Ahmed watering a sapling on the AFMC campus in the Dhaka Cantonment on Tuesday after conclusion of the 17th Council of the College Meeting of the Armed Forces Medical College (AFMC) — ISPR

Mechanism launched to protect human trafficking victims

FE REPORT | 2024-05-22 00:00:00

A National Referral Mechanism (NRM) framework was launched on Tuesday to protect and assist victims of human trafficking. NRM is a dynamic framework that involves a multi-disciplinary group of government and non-governmental actors within a system guided by protocols, forms,...

Nirmul Committee pledges to gear up movement against communalism

2024-05-22 00:00:00

Ghatak Dalal Nirmul Committee on Tuesday renewed its pledge to gear up ongoing movement against communalism and fundamentalism aiming to establish a society based on the spirit of the Liberation War, reports BSS."We have taken fresh programmes to strengthen our...

BNP mourns deaths of Iranian President, Foreign Minister

2024-05-22 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Monday expressed deep shock and sorrow over the tragic deaths of Iranian President Dr Seyyed Ebrahim Raisi, Foreign Minister Dr Hossein Amir Abdollahian, and their entourage in a helicopter crash, reports UNB.In...

Jamaat leader Azhar jailed in sabotage case

2024-05-22 00:00:00

A Dhaka court on Tuesday convicted and sentenced 11 people including former assistant secretary general of Jamaat-e-Islami ATM Azharul Islam to two-year jail in a sabotage case filed with the capital's Motijheel Police Station, reports UNB.The other 10 convicts are-Mobarak...

Police foil Ganosamhati bid to besiege Bangladesh Bank

2024-05-22 00:00:00

Police foiled the attempt of the leaders and activists of Ganosamhati Andolon to besiege Bangladesh Bank in Dhaka's Motijheel area on Tuesday, reports UNB.As part of their scheduled programme, the leaders and activists of the party led by its Chief...

Someone 'paid by BNP' is deployed at US State Dept briefings: Hasan

2024-05-22 00:00:00

Foreign Minister Hasan Mahmud said on Tuesday there is someone "paid by BNP," deployed in the US Department of State regular briefing, to ask questions purposefully for generating negative response, reports UNB."There's someone there who used to work for Khaleda...

2nd phase of UZ polls too held peacefully: Quader

2024-05-22 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Tuesday said the second phase of the 6th upazila polls was held in peaceful manner too likewise 1st phase and the voter's turnout was also quite satisfactory,...

Australian Foreign Minister Senator Penny Wong paid a courtesy call on Prime Minister Sheikh Hasina

2024-05-22 00:00:00

Australian Foreign Minister Senator Penny Wong paid a courtesy call on Prime Minister Sheikh Hasina at her official residence Ganabhaban in the city on Tuesday — PID Photo

US index futures steady as Fed policy caution weighs

2024-05-22 00:00:00

US index futures were muted on Tuesday, as investors refrained from placing big bets before AI chip leader Nvidia's earnings this week and amid policy caution from Federal Reserve officials ahead of the central bank's meeting minutes, reports Reuters. Rate-setters...

Stocks stagnant, dollar firm ahead of Fed

2024-05-22 00:00:00

LONDON, May 21 (Reuters): Stocks drooped and the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's policy meeting, due Wednesday, for clues as to the timing and extent of possible interest rate cuts this year.Gold...

Snap's AI push makes for a poor man's Meta

2024-05-22 00:00:00

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...

A confident India can afford to squeeze investors

2024-05-22 00:00:00

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...

Sri Lanka inflation rises to 2.7pc in April

2024-05-22 00:00:00

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 OPENS NALITABARI BRANCH IN SHERPUR

2024-05-22 00:00:00

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...

Parent company of Trump's Truth Social posts $328m loss

2024-05-22 00:00:00

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...

ICB greets newly-appointed secretary

2024-05-22 00:00:00

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...

EBL will collect Chinese visa fees

2024-05-22 00:00:00

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...

BB begins Customer Awareness Week

2024-05-22 00:00:00

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 aims to transform farming in Bangladesh

2024-05-22 00:00:00

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...

Lack of financial management skills stifles growth for SMEs

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...

Japan closely monitoring weak yen and bond market, finmin says

2024-05-22 00:00:00

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...

Prime Bank gets BB nod for MFS

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,...

Stocks losing foreign holdings as investors shun market

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...

Pakistan GDP grows 2.09pc in Q3

2024-05-22 00:00:00

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...

Global firms charged $104b for carbon emissions in 2023

2024-05-22 00:00:00

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 HOLDS ANNUAL SALES CONFERENCE

2024-05-22 00:00:00

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...

British Asian Trust appoints first Bangladesh Director

2024-05-22 00:00:00

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...