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MODHUMOTI BANK HOLDS 40TH MEETING OF RISK MANAGEMENT COMMITTEE

2024-11-14 00:00:00

The 40th meeting of the risk management committee of Modhumoti Bank was held on Wednesday. The meeting was presided over by Mr. Mostafa Kamal, chairman of the committee. Md. Shafiul Azam, managing director and chief executive officer; and Arab Fazlur...

PRIME EXCHANGE RECEIVES 'EXEMPLARY DEDICATION SERVICE AWARD'

2024-11-14 00:00:00

Prime Exchange, a wholly owned subsidiary of Prime Bank, recently received 'Exemplary Dedication Service Award' Remittance Association Singapore for ensuring seamless remittance services in Singapore. Mr Shawn Huang, senior parliamentary secretary for education and finance, handed over the award recently...

BSRM Steels to open new plant in Jan, expects a boost to revenue

FE REPORT | 2024-11-14 00:00:00

BSRM Steels is going to launch its new plant at Mirsarai in January next year of an annual production capacity of 0.6 million tonnes of MS (Mild Steel) Rods, with an expectation for revenue boost. The country's largest steel manufacturer...

News in Brief -2024-11-14

2024-11-14 00:00:00

Woman, two daughters die of poisoning in Brahmanbaria A woman and her two children have allegedly died after ingesting poison in Brahmanbaria's Sadar Upazila. Riaz Uddin Mitul, a doctor at the emergency department at Brahmanbaria Sadar Hospital, declared them dead...

Fortune smiles on vermicompost producers in Rangpur

OUR CORRESPONDENT | 2024-11-14 00:00:00

RANGPUR, Nov 13: A growing number of entrepreneurs across different upazilas in the district have changed their fortune through commercial production of vermicompost, an organic fertiliser made using earthworms.Many are expressing their interests in the production of vermicompost thanks to...

Pricey potato seeds frustrate Lalmonirhat farmers

OUR CORRESPONDENT | 2024-11-14 00:00:00

LALMONIRHAT, Nov 13: Several thousand potato farmers in Lalmonirhat and nearby districts in northern Bangladesh are worried about the high prices of potato seeds. They say high seed prices will affect cultivation this season. Atoar Rahaman, a farmer from the...

Fossil fuel emissions to hit new record in 2024

2024-11-14 00:00:00

PARIS, Nov 13 (AFP): Planet-warming carbon dioxide emissions from oil, gas and coal rose to a new record high this year, according to preliminary research Wednesday that found no sign the world was moving away from fossil fuels.Nations gathering in...

Israeli strikes in Lebanon leave 23 dead

2024-11-14 00:00:00

BEIRUT, Nov 13 (BBC): At least 23 people have been killed in Israeli air strikes on two houses in central Lebanon where displaced families were reportedly living, the Lebanese health ministry says.Fifteen people, mostly women and children, were killed in...

No ground for indirect talks with US: Iran

2024-11-14 00:00:00

TEHRAN, Nov 13 (AFP): Iran's top diplomat said Wednesday that communication channels with the United States were still open, a week after Donald Trump was elected president."The communication channels between us and the Americans still exist," Abbas Araghchi said on...

Huthis attack US warships with drones, missiles

2024-11-14 00:00:00

WASHINGTON, Nov 13 (AFP): Yemen's Huthi rebels targeted two US destroyers with drones and missiles as they transited the Bab al-Mandab Strait, but the warships defeated the attacks, the Pentagon said Tuesday.The Huthis began striking ships in the Red Sea...

India's top court bans 'bulldozer justice' as punishment

2024-11-14 00:00:00

MUMBAI, Nov 13 (BBC): India's Supreme Court has said that authorities cannot demolish homes merely because a person has been accused of a crime and has laid down strict guidelines for any such action.The ruling comes in response to a...

Russia launches first combined aerial assault on Kyiv

2024-11-14 00:00:00

KYIV, Nov 13 (AFP): Russia escalated its attacks on Kyiv early Wednesday, launching waves of drones and missiles in its first combined aerial assault on the capital in more than 70 days, authorities said.The broadside came as Washington and Seoul...

India's Oct palm oil imports rise 60pc

2024-11-14 00:00:00

India's palm oil imports in October rose 60% from September to 845,682 metric tons on festive demand and as refiners boosted purchases to replenish stocks depleted by lower-than-usual imports recently, the Solvent Extractors' Association of India (SEA) said on Wednesday,...

Tesla recalls over 2,400 Cybertrucks

2024-11-14 00:00:00

Tesla said on Wednesday it was recalling 2,431 Cybertruck electric pickup trucks in the United States as loss of drive power could increase the risk of a crash, in its sixth such move this year, reports Reuters.Last month, the EV...

Copper hits two-month low on China demand angst

2024-11-14 00:00:00

LONDON, Nov 13 (Reuters): Copper prices hit a two-month low on Wednesday as the dollar held firm and poor demand prospects in top consumer China dominated the mood, while the market waited for US inflation data.Benchmark copper on the London...

Gold rises from two-month low

2024-11-14 00:00:00

Gold prices rose on bargain buying on Wednesday after the metal dropped to its lowest in nearly two months in the previous session and as the dollar paused ahead of upcoming US inflation data and remarks from Federal Reserve officials,...

Palm oil ends low on heavy losses at Dalian rival oils

2024-11-14 00:00:00

JAKARTA, Nov 13 (Reuters): Malaysian palm oil futures closed down for a second session in a row on Wednesday, dragged down by the heavy losses in prices of rival vegetable oils in Dalian.The benchmark palm oil contract for January delivery...

Four win Agri Machinery Talent Hunt Awards

2024-11-14 00:00:00

The Farm Machinery and Postharvest Process Engineering Division (FMPE) of Bangladesh Agricultural Research Institute (BARI) held the Agricultural Machinery Talent Hunt Award ceremony at the FMPE Seminar Room on Wednesday. The programme was funded by (FMD) project, says a statement.Four...

Oil prices hold near 2-week low on gloomy demand outlook

2024-11-14 00:00:00

Oil prices were little changed, trading near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 2025 and amid demand concerns in China, reports Reuters.Brent futures were...

Trump and modern-day political comebacks

Syed Badrul Ahsan | 2024-11-14 00:00:00

For students and researchers of history, political comebacks in our times make for interesting, even thoughtful reading. The return of Donald Trump to the White House, despite all the legal entanglements he has been caught in since he left the...

Making country safe for children

2024-11-14 00:00:00

Muntaha, a beautiful young girl, had been missing since 3 November 2024. News of her disappearance circulated on Facebook for several days, and everyone prayed she would return to her family soon. Tragically, that day never came. Instead, Muntaha was...

Learning to invest early

2024-11-14 00:00:00

Starting to invest as a student offers a valuable opportunity to build a secure financial future. Despite their limited budgets, students can begin with small amounts, allowing their savings to grow over time.Firstly, students should set aside some money and...

Hastening pace of economic recovery

Mir Mostafizur Rahaman | 2024-11-14 00:00:00

A sense of uncertainty centring Bangladesh's economic situation has been persisting for months. Policymakers and economists alike are now burning midnight oil to craft suitable measures to stabilise and revive a faltering economy.After assuming power, the interim government has initiated...

Removing hurdles to investment in SEZs

Atiqul Kabir Tuhin | 2024-11-14 00:00:00

An economic zone, by definition, is a special designated area within a country's national borders. It is created with its own set of applicable laws to encourage and enhance business and trade investment, and job creation. The primary reason behind...

Developing climate adaptability

2024-11-14 00:00:00

The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) in Baku, Azerbaijan has begun with the looming shadow of overwhelming climate impacts spreading further. Add to this the possible withdrawal of the...

JL leader Sohagh sent to jail in attempt to murder case

2024-11-13 00:00:00

A Dhaka court has sent to jail Jubo League (JL) organising secretary Dr Shamim Al Saiful Sohagh in a case lodged over allegedly attempting to murder one Mizan in the capital's Banani area, reports BSS.Dhaka Additional Metropolitan Magistrate Md Sanaullah...

BNP plans divisional rallies for early election

2024-11-13 00:00:00

BNP is planning to stage showdowns in 10 divisions across the country to demonstrate its strength in resisting any plot to destabilise the country and mount pressure on the government to present a clear election roadmap, reports UNB.Through the rallies,...

ICT issues arrest warrant against four cops

2024-11-13 00:00:00

The International Crimes Tribunal (ICT) has ordered four police officers to appear in court over a genocide case related to incidents in Jatrabari during the student-led mass uprising in July and August, report agencies.The order was issued on Tuesday by...

Amu lands in jail in murder case

2024-11-13 00:00:00

A Dhaka court has sent former minister and Awami League advisory council member Amir Hossain Amu to jail in trader Abdul Wadud murder case, reports BSS. Dhaka Metropolitan Magistrate Sharifur Rahman passed the order on Tuesday as police produced Amu...

Ex-MP Shambhu, Quader's PA on remand

2024-11-13 00:00:00

A Dhaka court has placed former MP Dhirendra Debnath Shambhu on a six-day remand in a case over the killing of businessman Abdul Wadud in the capital's New Market area during the student-led mass upsurge, report agencies.Dhaka Metropolitan Magistrate Sharifur...