The reopening of primary schools across the country after nearly a month of closure marks a crucial step towards resuming normalcy in our education system. Following the indefinite closure of government primary schools and related educational institutions on July 17...
Tanim Asjad | 2024-08-17 00:00:00
After the fall of Sheikh Hasina's authoritarian regime last week, the demand for broad-based reforms in various sectors has become vociferous. The interim government is, however, not in a position to fulfil all such demands within a short period, as...
Syed Mansur Hashim | 2024-08-17 00:00:00
Despite having built up an over-capacity of power generation in the energy sector), the past government did little to ensure a cheap and reliable supply chain of primary energy, over which it would have total control. That is the irony...
The failures of the Anti-Corruption Commission (ACC), the government agency created two decades back to combat graft, to deliver the goods are legendary. Also, the records of similar other bodies like the Bangladesh Financial Intelligence Unit (BFIU), the Criminal Investigation...
Md Abdul Latif | 2024-08-17 00:00:00
The traditional linear business model, with its extractive philosophy, "take, make, dispose" prioritises short-term profits over sustainability. This leads to cheap, disposable products that generate excessive waste, depleting resources and harming the environment. Resource extraction, production, transportation, and disposal all...
Helal Uddin Ahmed | 2024-08-16 12:00:00
The chief adviser of the interim caretaker government of Bangladesh and pioneer of micro-credit cum social business programmes across the globe – Professor Muhammad Yunus was awarded the Nobel Peace Prize in 2006. Micro-credit programmes offer an alternative strategy for...
ZURICH, Aug 15 (Reuters): UBS has put a real estate fund of its former competitor Credit Suisse worth over $2 billion into an "orderly liquidation" as of Thursday, the Swiss bank said.The Credit Suisse Real Estate Fund International's total net...
RIYADH, Aug 15 (Arab News): The number of operational entities in the Abu Dhabi Global Market rose to 2,088 in the first half of 2024, reflecting a 31 per cent surge compared to the same period in 2023.During the first...
TEXAS, Aug 15 (Reuters): Toyota may be one of the slowest legacy automakers to develop electric vehicles but it could be the first to jettison cars powered only by gasoline.Almost three decades after launching the Prius, its pioneering gasoline-electric hybrid,...
LONDON, Aug 15 (BBC): The UK's economy grew by 0.6 per cent between April and June as it continued its recovery from the recession at the end of last year.The latest figure was in line with forecasts and follows a...
SAN FRANCISCO, Aug 15 (Reuters): Google parent Alphabet said on Thursday it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities following a problem-riddled launch.The search giant made...
BEIJING, Aug 15 (Reuters): China's factory output slowed for a third straight month in July, showing the recovery in the world's second-largest economy was losing steam, although the battered consumer sector perked up slightly as stimulus targeting households took effect.A...
Shares of former US President Donald Trump's media company dipped and neared record lows on Wednesday, following weak quarterly results and the Republican presidential candidate's return to social media platform X, reports Reuters.Trump's dwindling lead in polls and election betting...
LONDON, Aug 15 (Reuters): Big investors are bracing for this summer's stock market rout to run into the autumn, fearing a broader wave of selling will follow the turmoil sparked by US recession concerns and the Bank of Japan wrong-footing...
HONG KONG, Aug 15 (AFP): Asian markets mostly mirrored positive strides on Wall Street in early trade Thursday, as easing US consumer inflation buoyed hopes that a big interest rate cut was around the corner and economic growth in Japan...
A certificate distribution ceremony of a 30-day foundation training course of 84th and 85th batches of Agrani Bank PLC was held in the city on Wednesday. Agrani Bank Chief Executive Officer (CEO) Md Murshedul Kabir distributed the certificates among the...
The 879th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC was held on August 14, 2024 at the bank's head office. The meeting was presided over by Akkas Uddin Mollah, the EC chairman of the Bank. The...
Dhaka Bank PLC received the ISO 27032:2023 certification of the International Organization for Standardization (ISO), from the globally recognized certification body, Bureau Veritas, with IOTA Consulting Bangladesh serving as the consulting partner. Achieving the certification is a significant milestone in...
LONDON, Aug 15 (Reuters): Logic suggests that US companies will benefit when the Fed's interest rate-cutting cycle gets underway, because they will pay less to service their debt, but counterintuitively, they may not see much of a net benefit at...
FE REPORT | 2024-08-16 00:00:00
The Dhaka bourse closed the week's last session with a sharp loss after a day of breaking the previous losing streak as selling pressure mounted to make profits. The Dhaka Stock Exchange (DSE) opened the day's session positively but soon...
FE REPORT | 2024-08-16 00:00:00
Despite higher sales, Berger Paints' profit dropped 1 per cent year-on-year to Tk 962 million in April-June this year, as higher operating costs and foreign exchange loss ate up a big chunk of the earnings.Berger, which follows the April-March financial...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the Met Office.It may...
All 639 police stations across the country have resumed their operations on Thursday, said authorities.Police Headquarters in a message said all the police stations have returned to regular activities, reports UNB.All 110 police stations in the metropolitan cities are functional...
CHATTOGRAM, Aug 15 (UNB): Mohammad Rafiqul Alam, Vice Chancellor (VC) of Chittagong University of Engineering and Technology (CUET) in Chattogram, has resigned from his position.University Registrar Sheikh Mohammad Humayun Kabir confirmed the matter on Thursday saying the VC sent his...
After nearly one month of suspension, intercity train services resumed across the country on Thursday, reports UNB.The services resumed with the departure of the Mohanganj Express from Kamalapur rail station at around 01:15 pm.Other intercity trains have been departing as...
Three more deaths were reported from dengue in 24 hours until Thursday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 74 this year, reports UNB.During the period, 228 more patients were hospitalised with viral fever,...
Foreign Affairs Adviser Md. Touhid Hossain on Thursday assured that Bangladesh would continue its cooperation with the Russian Federation in areas of mutual interest, reports BSS.He gave the assurance while Russian Ambassador to Bangladesh Alexander Mantytskiy paid a courtesy call...
FE REPORT | 2024-08-16 00:00:00
As many as 487 people were killed and 679 injured in 452 road accidents across the country in July, according to a report of the Road Safety Foundation (RSF) - published on Thursday.Of the dead, 63 were women and 71...
The Upazila Nirbahi Officers (UNOs) have been temporarily granted full financial and administrative powers of the Upazila Parishad (UP) chairmen in areas where both the chairmen and panel chairmen have been absent from their posts, according to a new government...
Interim government Chief Adviser Nobel Laureate Prof Muhammad Yunus is scheduled to brief diplomats stationed in Dhaka on Sunday (August 18), said a senior official at the Ministry of Foreign Affairs on Thursday, reports UNB.The briefing will be held at...
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