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Prof Yunus presents artbook on graffiti to US officials

2024-09-16 00:00:00

Chief Adviser (CA) Professor Muhammad Yunus on Sunday presented an artbook on the graffiti on the roadside walls in Bangladesh to a visiting US delegation during a meeting at the State Guest House Jamuna in the city, reports BSS.The CA...

ACC to launch graft inquiry against two former MPs, one university VC

FE REPORT | 2024-09-16 00:00:00

The Anti-Corruption Commission (ACC) on Sunday decided to launch inquiries into allegations against two former members of parliament (MPs) and a former vice-chancellor (VC) of Bangabandhu Sheikh Mujibur Rahman Digital University (BDU) for their alleged involvement in corruption, misuse of...

ADB to extend $1.5b in loan to Bangladesh

2024-09-16 00:00:00

The World Bank and the Asian Development Bank, or ADB, are set to provide Bangladesh with $2.5 billion in loans aimed at bankrolling efforts to reform the banking and financial sectors, reports bdnews24.com.The World Bank will contribute $1 billion of...

Hasina sued in Ctg over threat to throw Khaleda from Padma Bridge

OUR CORRESPONDENT | 2024-09-16 00:00:00

CHATTOGRAM, Sept 15: A case has been filed in Chattogram over disparaging remark made by former Prime Minister Sheikh Hasina about BNP Chairperson Begum Khaleda Zia. The case, which names Sheikh Hasina as the sole accused, was filed in the...

Report against Hasina, six others Oct 15

2024-09-16 00:00:00

A court in the city on Sunday set October 15 as the date to submit a probe report in a case filed against ousted prime minister Sheikh Hasina and 6 others over the murder of grocer Abu Saiyed on July...

Energy Adviser seeks Swiss help in renewable energy, tech

2024-09-16 00:00:00

Adviser of the interim government for Power, Energy and Mineral Resources, Muhammad Fouzul Kabir Khan has sought cooperation of the Swiss government in the fields of renewable energy and advanced technology. He also invited Swiss businessmen to participate in the...

Egg, chicken prices fixed

FE REPORT | 2024-09-16 00:00:00

The interim government on Sunday fixed the maximum prices of egg, Sonali chickens and broiler chickens at production and wholesale and retail levels. With the fixation, the prices of Sonali chickens and broiler chickens have been fixed at Tk 269.64,...

422 of 875 killed during student-mass uprising were from BNP: Fakhrul

FE REPORT | 2024-09-16 00:00:00

Bangladesh Nationalist Party (BNP) secretary-general Mirza Fakhrul Islam Alamgir said on Sunday that a total of 875 people were killed during the July-August one-point student-mass uprising that led to the downfall of the Sheikh Hasina regime, and of the total...

Chief Adviser visits army HQ

2024-09-16 00:00:00

Chief Adviser of the Interim Government Professor Dr Muhammad Yunus on Sunday visited the army headquarters here for the first time, reports BSS.On his arrival, Chief of Army Staff General Waker-Uz-Zaman welcomed the Chief Adviser, an ISPR press release said.Foreign...

Downpour triggers waterlogging in city

FE REPORT | 2024-09-16 00:00:00

Heavy downpour under the influence of a deep depression over Gangetic West Bengal and adjoining areas caused serious waterlogging in some major parts of the city on Sunday, leaving the toiling masses in a fix.A large number of people got...

Yields on T-bills fall slightly

FE REPORT | 2024-09-16 00:00:00

The yields on treasury bills (T-bills) fell slightly on Sunday as banks expressed willingness to invest their excess liquidity in short-term securities.The cut off yield, generally known as interest rate, on the 91-Day T-bills came down to 11.51 per cent...

Briefing 2024-09-16

2024-09-16 00:00:00

Prayer Timings (2024-09-16)

2024-09-16 00:00:00

Holiday Notice (2024-09-16)

2024-09-16 00:00:00

Case filed against Salman, former BB governor, 10 others

FE REPORT | 2024-09-16 00:00:00

A case has been filed against former private industry and investment adviser of ousted prime minister, the former Bangladesh Bank governor, and 10 former and current officials of Bangladesh Infrastructure Finance Fund Limited (BIFFL).Former adviser Salman F. Rahman, former BB...

Miladunnabi today _

2024-09-16 00:00:00

The holy Eid-e-Miladunnabi, marking the anniversary of the birth and demise of Prophet Hazrat Muhammad (PBUH), will be observed across the country today with due religious solemnity, reports BSS.The decision was taken at the National Moon Sighting Committee's meeting held...

We are in ground-zero situation, CA tells ADB delegation

FE REPORT | 2024-09-16 00:00:00

Asian Development Bank (ADB) South Asia Director-General Takeo Konishi on Sunday said there was room for policy-based lending to Bangladesh as the interim government stepped up efforts to stabilise the economy. He also said the ADB had a long history...

WB, US delegates talk reforms, asset recovery with BB

FE REPORT | 2024-09-16 00:00:00

A fresh World Bank loan of US$750 million for policy update may be forthcoming for Bangladesh in addition to a $250-million investment credit currently being processed, central bankers said Sunday after talks.A WB delegation proposed the policy-based loan, conditional upon...

Labour situation improves in Ashulia industrial zone

FE REPORT | 2024-09-16 00:00:00

Labour situation in the Ashulia industrial zone improved as the workers of almost all the garment factories joined their respective workplaces on Sunday.The development emerged a day after a tripartite meeting that called upon the workers to join their respective...

Saudi Capital Market Authority launches 2 year strategy to boost market transparency, global investment

2024-09-16 00:00:00

RIYADH, Sept 15 (Arab News): Saudi Arabia's Capital Market Authority has unveiled its 2024-2026 strategic plan, emphasizing enhancing transparency, fostering financial technology and innovation, and diversifying financing options.The undertaking will build on past successes while aligning with Saudi Vision 2030,...

The UK's finance-business chasm is as wide as ever

2024-09-16 00:00:00

LONDON, Sept 15 (Reuters Breakingviews): The committee studying the financial state of British business did not pull its punches. After a lengthy investigation, the government-appointed panel of economists and experts concluded UK financial institutions were less supportive of domestic companies...

Indonesia's Prabowo plans $65b green fund from selling carbon credits

2024-09-16 00:00:00

JAKARTA, Sept 15 (Reuters): Indonesia's President-elect Prabowo Subianto plans to launch a green economy fund by selling carbon emission credits from projects such as rainforest preservation, aiming to raise $65 billion by 2028, an adviser told Reuters.A new regulator for...

Nippon Steel bid for US Steel faces Sept 23 review deadline

2024-09-16 00:00:00

WASHINGTON, Sept 15 (Reuters): A powerful US national security panel reviewing Nippon Steel's $14.9 billion bid for US Steel faces a Sept. 23 deadline to recommend whether the White House should block the deal, two people familiar with the matter...

BoC governor raises prospect of faster rate cuts

2024-09-16 00:00:00

OTTAWA, Sept 15 (Reuters): Bank of Canada Governor Tiff Macklem has opened the door to stepping up the pace of interest rate cuts, the Financial Times reported on Sunday.Macklem told the newspaper in an interview that rate-setters are concerned about...

US Fed expected to announce its first interest rate cut since 2020

2024-09-16 00:00:00

WASHINGTON, Sept 15 (AFP): The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before...

GP, Symphony unveil co-branded 4G smartphone

2024-09-16 00:00:00

Mobile phone operator Grameenphone in collaboration with local handset manufacturer Symphony has launched co-branded smart phone dubbed ATOM5, reports BSS. With made in Bangladesh tag, this Symphony ATOM5 offers premium features equipped with advanced technology accessible to all, said a...

Agrani Bank HOLDS Training on "Development of Leadership"

2024-09-16 00:00:00

A five-day training programme titled 'Development of Leadership Qualities of Branch Management' began at the Agrani Bank Training Institute (ABTI) on Sunday. The training course was inaugurated by CEO of Agrani Bank PLC Md. Murshedul Kabir as the chief guest....

DMCB hosts annual general meeting

2024-09-16 00:00:00

The Annual General Meeting (AGM) of The Dhaka Mercantile Co-operative Bank Ltd (DMCB) for financial year 2023-2024 was held in Dhaka on Sunday. Chairman of the DMCB Group Captain Abu Zafar Chowdhury (Retd) presided over the AGM. Managing Director Shamsun...

JANATA BANK WORKSHOP ON PREVENTION OF MONEY LAUNDERING --

2024-09-16 00:00:00

A daylong workshop on 'Prevention of money laundering and financing of terrorism' was held at Janata Bank Staff College on Saturday with the participation of executives of Janata Bank PLC. Managing Director of the bank Md Abdul Jabbar was present...

Shahjalal Islami Bank holds EC meeting --

2024-09-16 00:00:00

The 881st meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held recently at the Corporate Head Office of the bank. The meeting was presided over by Akkas Uddin Mollah, Chairman of the committee. The...