Syed Ibrahim Saajid | 2023-12-13 00:00:00
Bangladesh stands at the precipice of a digital revolution, with the financial sector poised for significant transformation through the rise of digital banking. Driven by a burgeoning tech-savvy population, widespread mobile phone and internet penetration, and supportive regulatory initiatives, the...
Palestinians carry a list of Gaza victims during a rally amid a general strike in Ramallah city in the occupied West Bank on Monday in solidarity with Gaza, as battles continue between Israel and the Palestinian group Hamas. — AFP
Gold prices declined on Monday pressured by a firm US dollar, as investors look ahead to several major central bank meetings and U.S. inflation data this week for further clarity on the interest rate path, reports Reuters.Spot gold was down...
LONDON, Dec 11 (Reuters): Mine closures and disruptions have rapidly changed the landscape for copper supplies and prompted analysts to lower their forecasts for surpluses in a positive signal for prices of the industrial metal.Copper prices on the London Metal...
HAMBURG, Dec 11 (Reuters): Chicago wheat slipped on Monday from last week's four-month highs as investment funds showed few signs of exiting bearish positions despite the biggest US wheat sales to China in years.Soybeans rose on concerns about Brazilian weather....
LONDON, Dec 11 (Reuters): Oil prices dipped on Monday as worries persisted around crude oversupply despite OPEC+ cuts and softer fuel demand growth next year.Brent crude futures fell 43 cents to $75.41 a barrel by 1221 GMT. US West Texas...
The 36th Annual General Meeting (AGM) of Kohinoor Chemical Company (Bangladesh) Limited was held on Sunday on a digital platform. Chairman of the company Mohammad Obaidul Karim, Managing Director Md. Rezaul Karim, Director Md Ebadul Karim, and Independent Directors Prof...
From now on, Janata Bank PLC will issue four types of savings certificates of the Department of National Savings. Managing Director and CEO of the bank Md Abdul Jabbar inaugurated the service as the chief guest while DMD Md Ramjan...
A training workshop on 'Grievance Redress System (GRS) and using its Software' organised by Sonali Bank PLC was held at its head office in the city on Monday. Mafiz Uddin Ahmed, Additional Secretary of Financial Institutions Division, Ministry of Finance,...
Russia targets Kyiv with ballistic missilesKYIV, Dec 11: Russia fired eight ballistic missiles at Kyiv early Monday, all of which were shot down, Ukraine's Air Force said. The thwarted attack still left one person injured by shrapnel and three more...
TOKYO, Dec 11 (AFP): Japan's Prime Minister Fumio Kishida is set to fire several top ministers who are reportedly under investigation for alleged fraud, local media said Monday, in what would be the second reshuffle in three months.Those to be...
GAZA, Dec 11 (AP/AFP): Israel said it is prepared to fight for months or longer to defeat Gaza's Hamas rulers, as its ground offense intensifies with more airstrikes and artillery fire.Qatar, which has played a key mediating role, says efforts...
KHARTOUM, Dec 11 (Reuters): An African regional body involved in efforts to mediate over the war in Sudan says it has secured a commitment from warring parties to implement a ceasefire and to hold a political dialogue aimed at resolving...
After the introduction of stop clocks was approved at an International Cricket Council (ICC) meeting in Ahmedabad recently, the world body is set to trial it in international cricket, starting with the opening T20 between West Indies and England in...
Defending champions India will start their title defence in the 2024 U-19 World Cup by taking on Bangladesh, the 2020 champions, reports Cricbuzz. The tournament, which had to be shifted from Sri Lanka to South Africa, will be played from...
Left-arm spinner Nahid Hasan scripted a history by becoming the first Bangladesh woman cricketer to win the ICC 'Player of the Month' award for her brilliant performance in November, reports BSS.She beat compatriot Fargana Hoque and Pakistan's Sadia Iqbal to...
Bangladesh advanced to the semifinals of the ACC U-19 Asia Cup from Group B with one match to spare, outplaying Japan by nine wickets with 232 balls remaining in their second match at the ACC Academy Ground-2 in Dubai, UAE,...
KURIGRAM, Dec 11 (UNB): Kurigram and Lalmonirhat districts have been grappling with severe cold and dense fog over the past few days, significantly disrupting daily life and activities.In Kurigram, the extreme weather conditions have particularly affected children, the elderly, day...
GAZIPUR, Dec 11 (UNB): Police recovered the body of a 25-year-old auto-rickshaw driver from a forest in Sreepur upazila of Gazipur district early Sunday.The deceased was identified as Md Hridoy, son of late Sujon Miah in Hatikhola village under Gafargaon...
PABNA, Dec 11 (UNB): Train communication on Pabna-Ishwardi route has remained suspended since Monday morning as two bogies of Rajshahi-bound 'Dhalarchar Express Train' derailed in Ranigram area of Pabna district.Train operator Hafizul Islam said that the derailment occurred around 7:20...
OUR CORRESPONDENT | 2023-12-12 00:00:00
BOGURA, Dec 11: Dairy farm owners in the northern region, especially in Sirajganj, Pabna and Bogura districts, are now facing trouble due to surging prices of fodder.Farmers attributed the Russia-Ukraine war to the scarce supply of raw materials that hits...
HANOI, Dec 11 (AFP): US chip giant Nvidia wants to set up a base in Vietnam to develop its semiconductor industry, its CEO was quoted as saying by the Vietnamese government.Jensen Huang, chairman and CEO of the Silicon Valley chip...
GENEVA, Dec 11 (Reuters): Global trade is set to contract by 5 per cent in 2023 compared to last year, the United Nations trade body said on Monday, with an overall pessimistic forecast for 2024.In its Global Trade Update, the...
NRBC Bank PLC will offer long-term loans at low interest rates to contribute to the economic development of the country. This loan will be in US dollars for investment in export-oriented industries. The 'Long Term Financing Facility (LTFF)' by Bangladesh...
The 30th Annual General Meeting (AGM) of Bangladesh Association of Banks (BAB) was held on Monday. BAB Chairman Md Nazrul Islam Mazumder presided over the meeting. Chairman of City Bank Aziz Al Kaiser, Chairman of Dhaka Bank Abdul Hai Sarker,...
The Bill & Melinda Gates Foundation has approved a grant for BRAC Bank to leverage the digitalisation of banking products and services to bring a significant number of cottage micro and small enterprises (CMSEs) and women into the banking system.The...
FE REPORT | 2023-12-12 00:00:00
The Trading Corporation of Bangladesh (TCB) has sought over Tk 16 billion as a subsidy to cover the financial loss incurred due to selling essential commodities at subsidised rates for six months, according to officials.In a recent letter to the...
S Alam Group, a leading business conglomerates in the country, is in the process of investing over Tk 580 billion in two special industrial zones approved by Bangladesh Economic Zones Authority (BEZA). Within this substantial investment, the company earmarks Tk...
In line with an ever-changing world, Jamuna Bank is constantly moving forward with the trust and confidence of its customers. A new chapter has begun with the unveiling of a fresh logo, with a promise of more advanced and smart...
FE REPORT | 2023-12-12 00:00:00
Trading in the secondary market of the government's fixed income securities has surged by 90 per cent in the first five months of the current fiscal year (FY'24), compared to the same period of the previous fiscal (FY'23).According to the...
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