Embracing an Environmental, Social, and Corporate Governance (ESG) compliance framework will allow businesses to align their values and strategies with sustainability objectives, foster economic growth, and remain competitive beyond LDC graduation.Dhaka Chamber of Commerce and Industry (DCCI) President Ashraf Ahmed...
IFIC BANK SUPPORTS WOMEN IN TECH ADVANCEMENTThe IFIC Bank celebrated the 'World Telecommunication and Information Society Day' with the launch of a campaign titled 'IFIC Bank stands by women in technological advancement'. This initiative aims to equip young women with...
FE REPORT | 2024-05-19 00:00:00
Policymakers have signally failed to control inflation in the country as people in the low-income bracket have been hardest hit by skyrocketing prices of essential commodities in recent years.Economists said this during a session of the Bangladesh Economic Association (BEA)...
LONDON, May 18 (AFP): Manchester City's Phil Foden has been named the Premier League's Player of the Season.Saturday's announcement meant the 23-year-old England midfielder completed an awards double after being voted Footballer of the Year by the English Football Writers'...
Shaheen Shah Afridi is confident that Pakistan is very close to lifting the T20 World Cup as the Green Shirts came close to it in the previous two editions where they reached the semi-final and final in 2021 and 2022...
Former Bangladesh national football team captain and Dhaka Abahani Club legend Sheikh Mohammad Aslam has expressed serious concerns about the decline of sports in his hometown of Khulna, declaring the scene "dead," reports UNBThough retired from professional football, Aslam remains...
NEW YORK, May 18 (Reuters Breakingviews): Warren Buffett cares deeply about who will succeed him to run Berkshire Hathaway. But what about the single organization destined to receive much of his stock? Buffett has bequeathed a vast sum to the...
Eastern Bank Limited (EBL) recently opened its 36th sub-branch in Banshkhali, Chattogram. The inauguration ceremony was attended by A.N.M. Shahadat Alam Chowdhury, chairman of 5 No. Kalipur Union Parishad; Mohiduddin Chowdhury Khokha, former chairman of 2 No. Shadhanpur Union Parishad;...
Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve's interest rate cuts dampened appetite, reports Reuters.Investors net sold bonds worth $1.91 billion from...
The 125th meeting of the executive committee of Modhumoti Bank was held virtually on Saturday. Barrister Sheikh Fazle Noor Taposh, chairman of the committee, presided over the meeting. Other attendees included Managing Director of Sharmin Group Mohammad Ismail Hossain, Chairmen...
NCC Bank marked its 31st anniversary with a celebratory programme which began with Chairman Md Abul Bashar cutting a cake. He also announced the upcoming launch of the bank's new internet banking app 'NCC Always' and a Customer Self Service...
Mohammad MufazzalThe securities regulator is framing rules for a new product namely 'Pink Bond' to cater to the financing need of women entrepreneurs. Women having innovative business ideas to set up small and medium enterprises will be given access to...
The stubborn and persistent rise in inflation rate is a major threat to the country's short-term economic recovery and long-term developmental goal. According to the Bangladesh Bureau of Statistics (BBS), food inflation rose to 10.22 per cent in April from...
Many trainers are now providing graphic design training both online and offline. They aim to provide employment opportunities to the unemployed by developing skilled manpower through graphic design training. We welcome their initiative and hope that graphic design can help...
Atiqul Kabir Tuhin | 2024-05-19 00:00:00
At a time when the deteriorating conditions of rail tracks have already made rail routes accident-prone causing recurring human tragedy, it is alarming to learn that wooden planks and bamboo sticks are being used in repairing and maintaining the dilapidated...
Asjadul Kibria | 2024-05-19 00:00:00
Advanced developing countries like China and India have been trying to push their currencies in the bilateral trade settlement with their different trading partners like Bangladesh for a long time. The core logic is that it will help reduce the...
It is now difficult to predict what will pan out finally, but the idea of preparing five-year development master plans for districts, as mooted by Prime Minister Sheikh Hasina at the just-held meeting of the Executive Committee of the National...
Sajjad Zohir | 2024-05-19 00:00:00
Only a few days or weeks before the Bangladesh Bank (BB) issued the April 4, 2024 circular, introducing guidelines for both voluntary and compulsory mergers, the Chairman of the ailing Padma Bank, M. Nafeez Sarafat resigned. Under a new Acting...
KYIV, May 18 (AP/AFP): Russian President Vladimir Putin said on Friday during a visit to China that Moscow's offensive in Ukraine's northeastern Kharkiv region aims to create a buffer zone but that there are no plans to capture the city.The...
WASHINGTON, May 18 (AFP/BBC/AP) - US President Joe Biden's national security advisor Jake Sullivan will travel to Kingdom of Saudi Arabia (KSA) and Israel at the weekend for talks on the conflict in Gaza, the White House said Friday.Sullivan will...
KABUL, May 18 (AFP): Flash flooding has killed at least 50 people in western Afghanistan, provincial police said Saturday, with some reaching safety on higher ground mere minutes before the water hit.The floods on Friday also destroyed about 2,000 houses,...
BEIJING, May 17 (AFP) : Chinese leaders are meeting Friday with top housing officials to discuss a possible plan for the government to buy millions of unsold homes in a bid to support the struggling property sector, Bloomberg reported.The State...
Mild to moderate heat-wave is sweeping over eight divisions across the country, said met office forecast for the next 24 hours begins from 9am Friday, reports BSS."Mild to moderate heat-wave is sweeping over Rangpur, Rajshahi, Mymensingh, Dhaka, Khulna, Barishal, Chattogram...
BEIJING, May 17 (AFP): Chinese industrial production picked up in April but consumption slowed, official figures showed Friday, as woes in the property sector and elsewhere continued to weigh on economic recovery.Industrial output rose 6.7 percent on-year last month, according...
WASHINGTON, May 17 (AFP) : The United States said Thursday that a UN peacekeeping force in the Palestinian territories proposed by the Arab League could compromise Israel's effort to defeat Hamas but stopped short of opposing it.At a summit in...
OTTAWA, May 17 (AFP) : Canada announced Thursday for the first time sanctions against Israeli settlers accused of committing acts of violence against civilians in the West Bank.The United Kingdom, France, the European Union and the United States took similar...
ROME, May 17 (AFP): Thirteen Western countries, including many traditionally supportive of Israel, appealed to it Friday not to launch a large-scale offensive on Rafah."We reiterate our opposition to a full-scale military operation in Rafah that would have catastrophic consequences...
Bangladesh and the United Kingdom (UK) held their first-ever Joint Working Group meeting on Home Affairs on Thursday in London at the British Home Office and signed the Standard Operating Procedures (SOPs) on returns, reports BSS.British Minister for Countering Illegal...
Five persons have been killed as a bus fell into a roadside ditch on Dhaka-Chattogram Highway in Chauddagram of Cumilla, report agencies. The double decker bus of 'Relax Paribahan' carrying several passengers was heading towards Cox's Bazar from Dhaka, said...
SAJIBUR RAHMAN | 2024-05-18 00:00:00
Net sales of savings instruments have plunged by over Tk 125.45 billion year on year in the first nine months (July-March) of the current fiscal year, representing a more than 200-percent decline.Higher-paying encashments outpacing new investments contributed to this massive...
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