JUBAIR HASAN | 2024-05-08 00:00:00
Rate-regulating SMART regime is destined to go as the central bank is set to make major decisions on Bangladesh's monetary front, possibly allowing market-driven interest rates.Alongside the ditching of SMART, there are some other key issues like pre-market-based exchange- rate...
FHM HUMAYAN KABIR | 2024-05-08 00:00:00
A bit expansionary Tk 2.65 trillion worth of Annual Development Programme (ADP) is estimated for the next fiscal year for "facilitating the country's development", officials said.The Planning Commission (PC) Tuesday drafted the Tk 2.65- trillion ADP, 0.76-percent higher than the...
The Sundarbans, with 450 small and big rivers and canals crisscrossing it, supports a rich ecosystem with approximately 400 species of fish and aquatic animals, along with 25 species of snakes and 215 bird species. This mangrove forest is a...
Wasi Ahmed | 2024-05-08 00:00:00
With commercial banks shying away from rural credit, economic activities in village areas relying on bank financing are facing increasing challenges. Moreover, many commercial banks are considering winding up their operations in rural areas due to factors such as high...
In recent years, heat waves generated by various atmospheric events including the impacts of climate change have caused temperatures during the summer months to rise abnormally well above 400Celsius in different parts of the country. As a result, adoption of...
Debapriya Bhattacharya and Towfiqul Islam Khan | 2024-05-08 00:00:00
A complex economic situation - at both national and global levels- is now prevailing. Bangladesh is now going through one of the most difficult macroeconomic situations in recent decades. The country is facing a number of transitional challenges: graduation from...
MEHENAZ SULTANA TISHA | 2024-05-08 00:00:00
Have you ever paused and wondered why you feel obligated to look at your phone and tap on social media applications to fully freshen up your sleepy eyes right after you wake up? With this habit growing daily, the boundaries...
NOWSHABA ACHAL | 2024-05-08 00:00:00
This summer has brought unprecedented heat across the nation. Persistent heat waves and humidity define this time of year and various temperature-related diseases. Hence, maintaining a balanced diet and lifestyle becomes essential. We must adopt a diet emphasising freshness, hydration,...
DR IMTIAZ AHMED | 2024-05-08 00:00:00
The whole country has been suffering under a blazing sun. People are dying or getting sick every day. However, the temperature has cooled down as we have long cherished rain. Many of us are going into the rain and soaking...
First Security Islami Bank organised a day-long workshop on anti-money laundering and combating terror financing. The workshop included officials from the bank's Chattogram North and Chattogram South zones. Muhammad Mustafa Khair, the bank's additional managing director, was the chief guest...
Social Islami Bank launched a credit card campaign on Sunday at its head office to promote a cashless society. Zafar Alam, the bank's managing director and CEO, inaugurated the campaign as the chief guest. Mohammad Habibur Rahman, deputy managing director,...
The 44th meeting of the Shari'ah Supervisory Committee of Standard Bank PLC was held at the bank's head office in Dhaka recently. Dr Muhammad Saifullah, chairman of the Committee, presided over the meeting attended by Kazi Akram Uddin Ahmed, chairman...
City Bank has signed an agreement with Reliance Insurance Limited to sell non-life insurance policies through bancassurance. Mashrur Arefin, managing director and CEO of City Bank, and Md Khaled Mamun, chief executive officer of Reliance Insurance, signed the agreement. It...
Southeast Bank has signed an agreement with ShareTrip Limited and ST Pay. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, and Kashef Rahman, founder of ShareTrip Limited & ST Pay, signed the agreement. It allows ShareTrip Limited and ST...
FE REPORT | 2024-05-07 00:00:00
Bangladesh Shipping Corporation (BSC) gained a 10 per cent year-on-year growth in profit in the third quarter through March of FY24.Despite a rise in finance costs, the company was able to secure a higher profit as the amount of its...
FE REPORT | 2024-05-07 00:00:00
Stocks extended their rally for the fourth straight session on Monday, with turnover crossing Tk 10 billion after three months, as buoyant investors kept their buying spree in lucrative shares.Investor sentiment remained enthusiastic as institutional investors were putting fresh bets...
FE REPORT | 2024-05-07 00:00:00
DBH Finance's profit plunged 34 per cent year-on-year to Tk 172.4 million in the first quarter of this year for higher interest payment on deposits and shrinking income from the stock market.The company, which is focused on home loans, witnessed...
A new showroom of Yamaha motorcycles, named 'Rubel Express', was inaugurated at 100-foot Madani Avenue in Dhaka recently. All models of Yamaha bikes are available in this special and beautiful showroom. Subrata Ranjan Das, Executive Director of ACI Motors, the...
Mohammad Munna, a resident of Narayanganj, has become the first winner of a trip to Makkah and Madinah by making a financial transaction through Nagad Islamic. He executed an 'Add Money' transaction to his Nagad Islamic account from his bank...
Rancon Motors Limited, the official distributor of Mercedes-Benz, has launched six models of Mercedes-Benz EQ Lineup in Bangladesh.On the occasion, a grand event was held at International Convention City Bashundhara (ICCB) on recently. There was a daylong motor show featuring...
A delegation from the United States Inter-national Trade Commi-ssion (USITC) met with SM Mannan (Kochi), president of Bangladesh Garment Manufacturers and Exporters Associa-tion (BGMEA), on Sunday and discussed issues of mutual interest, reports UNB. At the meeting, Bangladesh's standing and...
IT industry leaders on Sunday called for an extension of the tax exemption facility for three more years. Removing this facility would diminish profitability and reduce reinvestment capabilities for IT/ITES companies, leading to slower industry growth and diminished export potential,...
Leaders of the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) said on Monday there is a huge potential to boost foreign exchange earnings through exporting shrimp, crab, freshwater and marine fishes.Bangladesh is still lagging far behind in this...
MADRID, May 06 (AP): Despite sleepless nights struggling with a fever, Andrey Rublev found a way to fight back and win the Madrid Open for the first time.Rublev was feeling sick all week but rallied to beat Felix Auger-Aliassime in...
ISLAMABAD, May 06 (AP): Pakistan captain Babar Azam is hoping Haris Rauf will regain full fitness after a shoulder injury and make an impact at next month's T20 World Cup.Fast bowler Rauf has been included in an 18-man squad for...
The Cricket West Indies (CWI) has sought to allay fears of security threat to the Twenty20 World Cup in the West Indies even as the Caribbean islands have received terror alerts to the global event from North Pakistan, reports Cricbuzz."We...
On a day when Shakib Al Hasan reached the milestone of 400 wickets in List A cricket, young pacer Rejaur Rahman Raja gave him the pill which was hard to swallow.Raja invaded Shakib's party by registering the best bowling by...
Bangladesh are determined to seal the five-match T20 International series against Zimbabwe with two matches to spare when they will take on the East African nation at Zahur Ahmed Chowdhury Stadium in Chattogram today (Tuesday), reports BSS.The match will start...
Russia announces nuclear weapon drills after angry exchange with Western officialsMOSCOW, May 06: Russia plans to hold drills simulating the use of tactical nuclear weapons, the Defense Ministry announced Monday, days after the Kremlin reacted angrily to comments by senior...
LOME, May 06 (AFP): Togo's opposition says it needs to "reinvent" itself after winning just five seats in legislative elections it has dismissed as an "electoral masquerade".Opposition parties hoped for a strong showing in the April 29 ballot after a...
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