SINGAPORE, May 25 (Reuters): Rising sea levels could severely disrupt crude oil shipments and erode energy security in import-dependent countries like China, South Korea and Japan, with many of the world's biggest terminals vulnerable to flooding, according to researchers.Melting ice...
Shares of Dell Technologies hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism for the new technology, reports Reuters.AI-heavyweight Nvidia posted strong quarterly results and forecast current-quarter revenue...
Premier Group, Premier Bank Foundation get nod for educational programmesPremier Group and Premier Bank Foundation, founded by Dr. H.B.M. Iqbal, have recently received approval to conduct educational programmes at the Sheikh Hasina University of Science and Technology located in Bashgari...
The US Securities and Exchange Commission adopted a rule in February 2023 to shorten the settlement cycle for securities transactions from two business days after the trade to one, beginning on Tuesday, reports Reuters.Dubbed T+1, the move, which spans equities...
EBL distributes educational materials Eastern Bank (EBL) as part of its CSR activities has distributed educational materials among students of Dhirasram Govt. Primary School in Gazipur recently. Bangladesh Bank Director Khaled Mahbub Morshed, Head Mistress Khaleda Anjuman, EBL Head of...
NCC Bank signs deal with PRAN-RFL GroupNCC Bank has signed a cash management solution agreement with PRAN-RFL Group recently. Uzma Chowdhury, CPA director of PRAN-RFL Group, and Md. Zakir Anam, deputy managing director of NCC Bank, exchanged documents of the...
Mohammad Mufazzal | 2024-05-26 00:00:00
General investors are highly unlikely to get back anything out of their investments in ICB Islamic Bank unless the government provides it with necessary funds and overhauls it. Presently, general investors constitute a 25.42 per cent stake in the bank,...
The Finance Ministry expects external debt repayment to remain within tolerable limits over the next two fiscal years, thanks to the government's efforts to diversify funding sources and boost foreign exchange reserves, reports UNB.However, managing debt service obligations is essential...
Tanim Asjad | 2024-05-25 12:00:00
Today marked the 125th birth anniversary of Kazi Nazrul Islam, the rebel poet who is also known as the national poet of Bangladesh. However, there is an ambiguity in the formalisation of the tag. Bangla-speaking people worldwide remember Kazi Nazrul...
Desperation to get more money back into the economy has led to revisit the much-debated issue of whitening undeclared or black money, offering lucrative concessions. There are arguments for and against whitening black money. But the reality is that billions...
The government has reported the deaths of five Bangladeshi Hajj pilgrims in Saudi Arabia so far this year, reports bdnews24.com.The religious affairs ministry said in a Hajj bulletin on Friday that three of the deaths occurred in Makkah and two...
LONDON, May 24 (AP): British Prime Minister Rishi Sunak has portrayed himself as thorough and evidence-led. That's why his gamble to call a U.K. general election for July 4 has come as such a surprise.Those personal traits were supposed to...
GENEVA, May 24 (AFP): Countries trying to thrash out a global agreement on handling future pandemics are hoping to seal the deal Friday after weeks of creeping progress in exhausting talks.Having ploughed past several previous deadlines, the hard stop of...
The new EU directive, adopted on Friday, mandates large companies to ensure human rights respect throughout their value chains, signaling a transformative shift in corporate accountability, according to Human Rights Watch, reports UNB.Human Rights Watch released a detailed question-and-answer document...
FE REPORT | 2024-05-25 00:00:00
Bangladesh Nationalist Party (BNP) said on Friday that the government could not avoid responsibility for the corruption committed by former army and police chiefs.BNP vice-chairman Shamsuzzaman Dudu made the comments at a programme in front of the National Press Club...
Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Friday said offenders must be brought to justice no matter how influential they are, reports UNB."The government has taken zero tolerance policy to this end," he...
ISMAIL HOSSAIN | 2024-05-25 00:00:00
In a move to reduce duplicate infrastructure and make better use of existing networks, the telecom regulator is finalising guidelines for telecom infrastructure sharing in a fair, transparent and non-discriminatory way.After years of discussion, the Bangladesh Telecom Regulatory Commission (BTRC)...
Cox's Bazar, May 24 (UNB): Over 500 shops and houses were gutted in a fire at the Balukhali Rohingya Camp in Ukhiya of Cox's Bazar on Friday.The fire that started around 11:00 am was brought under control around 12:00 pm.Three...
FE REPORT | 2024-05-25 00:00:00
A Dhaka court on Friday placed three accused on an eight-day remand in a case filed for abducting Jhenaidah-04 lawmaker Anwarul Azim Anar, who was later killed in Kolkata on May 13.Judge Dilruba Afroz Tithy of the Chief Metropolitan Magistrate...
YASIR WARDAD | 2024-05-25 00:00:00
The rocketing surge in commodity prices has left individuals with constrained incomes struggling to cope.Commodity prices showed rise again in the last week, leaving the poor and low-income families struggling with their fixed income.Prices of most of the essential commodities...
Judges at the top United Nations court ordered Israel on Friday to immediately halt its military assault on the southern Gaza city of Rafah, in a landmark emergency ruling in South Africa's case accusing Israel of genocide, reports Reuters.While the...
REZAUL KARIM | 2024-05-25 00:00:00
Government authorities braced with a to-do list to ensure a fair deal in rawhide, valuable for Bangladesh's export-potential-bearing leather industry, as around 13 million animals are ready for sacrificial fiesta. A set of steps planned include preventing any attempt to...
SAJIBUR RAHMAN | 2024-05-25 00:00:00
Bangladesh's import payments have plummeted amid tight-fisted spending from scarce foreign- exchange reserves, with a notable fall in capital machinery-and raw-material imports by industrial enterprises, according to latest available data.Customs-based imports decreased 15.54 per cent during July-March of the current...
South Asia is experiencing extreme weather conditions, with at least nine killed in suspected heat stroke in India's west, while doctors treated hundreds of victims of heat stroke at hospitals across Pakistan and parts of Bangladesh and West Bengal are...
SYFUL ISLAM | 2024-05-25 00:00:00
Annoyed about spiralling classified loans, government's finance authority asks state-owned commercial banks (SoCBs) to take "strong measures" to lessen the load of defaults that seriously impact overall financial situation.Such strong message came after the Financial Institutions Division under the Ministry...
The Maldivian government has suspended issuing visas for Bangladeshi workers, reports UNB.According to the local law, only 100,000 workers from a country are permitted to work in the Maldives. The Bangladeshi High Commission in Male, in a media release, has...
The Bangladesh Meteorological Department (BMD) has forecasted rain or thundershower in Khulna, Barishal, Chattogram, and Sylhet divisions over 24 hours, starting from 9 am on Friday, reports UNB."Rain or thundershowers accompanied by temporary gusty or squally winds are likely at...
Dhaka has ranked fifth on the list of cities worldwide with the worst air quality with an AQI score of 152 at 9 am this morning (May 24, 2024), reports UNB.Dhaka's air this morning was classified as 'unhealthy', according to...
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