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Dhaka calls for BIMSTEC coop on digital transformation

2024-06-25 00:00:00

State Minister for Posts, Telecommunications and ICT Zunaid Ahmed Palak has urged the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) Member States to build a platform for promoting seamless connectivity, cross-border data flow and development-oriented innovation...

Women account for 55pc of garment workers

2024-06-25 00:00:00

There are over 5.0 million workers employed in the garment factories in the country, with women constituting 55.57 per cent of the workforce, state minister for labour and employment Nazrul Islam Chowdhury told parliament on Sunday. He came up with...

LPG Operators Association holds 4th and 5th AGMs

2024-06-25 00:00:00

The LPG Operators Association of Bangladesh (LOAB) held its 4th and 5th Annual General Meetings at a city hotel on Sunday, marking a significant milestone for the country's LPG industry, says a press release.The meetings, presided over by LOAB President...

IFIC Bank donates computers to Barisal Govt. Women's College

2024-06-25 00:00:00

IFIC Bank donates computers to Barisal Govt. Women's CollegeIFIC Bank PLC is providing computers to various educational institutions under a campaign titled 'IFIC Bank stands beside women in the technological advancement'. As part of the bank's ongoing efforts to empower...

ShopUp sets up office in India

2024-06-25 00:00:00

ShopUp, Bangladesh's largest B2B commerce platform, has set up its tech and innovation centre in Bangalore, India. This expansion is a major milestone for ShopUp, allowing it to leverage Bangalore's status as the "Silicon Valley of the East." By entering...

AB BANK OPENS SUB-BRANCH AT PULHAT

2024-06-25 00:00:00

AB BANK OPENS SUB-BRANCH AT PULHATAB Bank inaugurated a sub-branch at Pulhat on Sunday. The sub-branch is located at Pulhat Sarak, Dinajpur Municipality, Dinajpur. Tarique Afzal, Managing Director of AB Bank, inaugurated the sub-branch. Officials of the bank were also...

EU adopts new sanctions against Russia, including LNG

2024-06-25 00:00:00

BRUSSELS, June 24 (Reuters): European Union countries adopted a 14th package of sanctions on Russia that aims to close some loopholes and hits Russia's gas exports for the first time, EU foreign ministers said on Monday.Western powers imposed sweeping sanctions...

Fast fashion retailer Shein filed for London listing

2024-06-25 00:00:00

HONG KONG, June 24 (Reuters): Shein has confidentially filed papers with Britain's markets regulator in early June for a potential London listing, two sources said, as the online fast fashion retailer moves ahead with what could one of the largest...

Exim Bank Shifted its CEPZ Branch

2024-06-25 00:00:00

Exim Bank Shifted its CEPZ BranchExim Bank CEPZ branch has been shifted to a new address to provide better customer services. Managing Director and CEO of the bank Mohammad Feroz Hossain was present as the chief guest at the inaugural...

EBL opens first ever ATM services at Dhaka metro rail station

2024-06-25 00:00:00

EBL opens first ever ATM services at Dhaka metro rail stationEBL becomes first to introduce ATM services at Dhaka metro rail stations, according to a press release. M. A. N. Siddique, managing director of Dhaka Mass Transit Company Limited (DMTCL),...

Stocks slide back into the red after five days

2024-06-25 00:00:00

FE REPORTStocks slipped into the red on Monday, snapping a five-day winning streak, as jittery investors preferred to pocket profits on quick-gaining stocks.Market analysts said the market failed to stay afloat as risk-averse investors realized their gains from the recently...

Regulator forbids RACE from managing funds until further order

FE Report | 2024-06-25 00:00:00

The securities regulator has taken away control from RACE Asset Management over mutual funds after it identified BO (beneficiary owner's) accounts opened to handle funds' assets bypassing the approved custodians. The regulatory order came on Monday two weeks after it...

American International University-Bangladesh (AIUB) organised a friendly football match with the General Union of Palestinian

2024-06-25 00:00:00

American International University-Bangladesh (AIUB) organised a friendly football match with the General Union of Palestinian Students in Bangladesh on the university campus in the city recently. AIUB Trustee Board chairman and founder member Ishtiaque Abedin, member Shania Mahia Abedin, Ziad...

Uruguay clinch 3-1 win over Panama

2024-06-25 00:00:00

Maximilian Araujo, Darwin Nunez and Matias Vina scored as Uruguay beat Panama 3-1 in their Copa America Group C match in Florida on Sunday, reports Reuters.Uruguay, who have won the Copa America a joint record 15 times, were rewarded for...

BCB names women's cricket team for ACC Women's Asia Cup

2024-06-25 00:00:00

The Bangladesh Cricket Board (BCB) on Sunday announced a 15-member final squad of Bangladesh for the ACC Women's Asia Cup 2024 to be held in Dambulla, Sri Lanka from July 19-28, reports UNB.Eight teams, one more than the previous edition...

Wheat price rises after hitting its lowest since April

2024-06-25 00:00:00

HAMBURG, June 24 (Reuters): Chicago wheat rose on Monday in bargain-buying after hitting its lowest since April on prospects for good world supplies and as US wheat harvesting gathers speed.Corn fell and soybeans rose with the impact on US crops...

Gold gains on dollar retreat--

2024-06-25 00:00:00

Gold prices rose on Monday, helped by a pullback in the dollar, while investors looked forward to US inflation data due later this week that could offer more clarity on the Federal Reserve's monetary policy, reports Reuters.Spot gold was up...

Oil steady as demand expectations offset dollar strength

2024-06-25 00:00:00

LONDON, June 24 (Reuters): Oil prices were steady on Monday as traders weighed support from expected summer demand and geopolitical tensions against a stronger dollar.Brent crude futures rose 5 cents to $85.29 a barrel by 1335 GMT. US West Texas...

Netanyahu won't agree to deal to end Gaza war

2024-06-25 00:00:00

TEL AVIV, June 24 (AP/Reuters): The viability of a U.S.-backed proposal to wind down the 8-month-long war in Gaza was cast into doubt on Monday after Israeli Prime Minister Benjamin Netanyahu said he would only be willing to agree to...

18 Chinese among 22 killed

2024-06-25 00:00:00

SEOUL, June 24 (BBC/AFP): A massive factory fire that began after several lithium batteries exploded has killed at least 22 people, including 18 Chinese nationals, in South Korea. The blaze broke out on Monday morning at the Aricell plant in...

Young voters will shape outcome of Iran presidential polls this week

2024-06-25 00:00:00

TEHRAN, June 24 (Reuters): Atousa joined angry protests against Iran's rulers in 2022 that loyalists like Reza helped crush. Two years on, the two young Iranians' political views remain at odds, reflecting a rift that will shape the outcome of...

Endeavours for transition to green electric energy

Mushfiqur Rahman | 2024-06-25 00:00:00

Bangladesh has been working to increase the use of renewable energy in its energy mix. State Minister for the Ministry of Power, Energy and Mineral Resources Nasrul Hamid, MP considers that Bangladesh needs coordinated initiatives and major investment to make...

Stop bus fare anarchy on Banskhali road

2024-06-25 00:00:00

Banskhali's main road is plagued by heavy traffic and rampant fare anarchy. On one side, severe traffic jams persist, while on the other, passengers face exploitation by bus operators who charge arbitrary fares. This chaotic situation is the daily reality...

Dangers of online betting

2024-06-25 00:00:00

In recent times, the new generation has become heavily engaged with digital cryptocurrency and various online betting platforms like 1XBet and Exness. Primarily, they use Binance to transfer funds into their betting accounts. To deposit funds into Binance accounts, users...

Venomous snakes in our vicinity

Syed Fattahul Alim | 2024-06-25 00:00:00

In a country where around 400,000 incidents of snakebite take place with reports of some 7,000 fatalities annually, the hype and resulting panic created over a particular type of snake, locally called Chandrabora, or Russell's viper (Daboia russelli) is indeed...

Need for making highways safer

Samiul Huq | 2024-06-25 00:00:00

A free-for-all situation is now prevailing in the country's highways, barring the most watched and most regulated ones, such as the Jatrabari-Mawa or the Mawa-Bhanga expressways. Battery-run rickshaws, autorickshaws, and motorbikes dominate those, making the journey of all other regular...

Exaggerated threat from Russell's viper

2024-06-25 00:00:00

Mass panic over Russell's viper has almost turned into a mass hysteria, courtesy of social media. It is not for the first time that misinformation spreads like wildfire because the social media craze cashes in on exaggerated virtual picture of...

Islami Bank holds orientation programme

2024-06-24 12:00:00

Islami Bank holds orientation programme Islami Bank Training and Research Academy (IBTRA) organised a daylong orientation programme for newly-recruited probationary officers on Sunday at Islami Bank Tower. Mohammed Monirul Moula, Managing Director of the bank, inaugurated the programme as the...

Ctg people demand regular service of Cox's Bazar special train

2024-06-24 00:00:00

OUR CORRESPONDENTCHATTOGRAM, June 23: Local people have threatened to launch a tougher movement if their demand for permanent and regular operation of Cox's Bazar special train is not met.The call came from a press conference held in the Chattogram Press...

Locals rush to catch Russell's vipers

2024-06-24 00:00:00

Faridpur, June 23 (UNB): Following the announcement of a Tk 50,000 bounty for catching a Russell's viper alive, residents along the Padma riverbank in Faridpur have become desperate to capture the snakes.Last Thursday, Shah Md Ishtiak Arif, general secretary of...