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Robiul narrowly misses chance to qualify for Paris Olympics

2024-01-12 00:00:00

Bangladeshi shooter Robiul Islam narrowly missed the chance to qualify for the Paris Olympics directly as he failed to reach the final round of the Asian Shooting Championship now being held in Jakarta on Wednesday, reports UNB.The Paris Olympics will...

Qatar take on Lebanon in Asian Cup today

2024-01-12 00:00:00

DOHA, Jan 11 (AFP): Qatar must shoulder the pressure of defending their crown when they kick off the Asian Cup on home soil against Lebanon on Friday, captain Hassan Al-Haydos warned.The 2022 World Cup hosts won the continental title for...

Real Madrid edge Atletico to reach Super Cup final

2024-01-12 00:00:00

RIYADH, Jan 11 (AFP): Real Madrid defeated Atletico Madrid 5-3 after extra-time in a pulsating battle in Saudi Arabia to reach the Spanish Super Cup final on Wednesday.Mario Hermoso and Antonio Rudiger exchanged early headed goals before Ferland Mendy sent...

I'll try to end my tenure as BCB president this yr: Papon

2024-01-12 00:00:00

Bangladesh Cricket Board (BCB) president Najmul Hassan Papon said he would try to end his tenure as the board chief by this year as his working area are expanded after being sworn in as the Minister of Youth and Sports...

Man gets 10 yrs’ imprisonment over attempted rape in Natore

2024-01-12 00:00:00

NATORE, Jan 11 (UNB): A Natore court has sentenced a man to 10 years in prison in a case filed for attempting to rape a woman in Gurudaspur upazila.Natore Women and Children Repression Prevention Tribunal Judge Muhammad Abdur Rahim handed...

UGC forms probe committee against Islamic University VC

2024-01-12 00:00:00

The University Grants Commission on Thursday formed a three-member probe committee to investigate allegations of irregularities, including in teacher recruitment, against Islamic University Vice-chancellor Professor Shaikh Abdus Salam, reports UNB.A press release, signed by UGC Director Muhammad Jaminur Rahman, was...

Daulatdia-Paturia ferry services resume after seven hours

2024-01-12 00:00:00

MANIKGANJ, Jan 11 (UNB): The ferry services on Daulatdia-Paturia route resumed on Thursday after seven hours of disruption caused by dense fog.Abdus Salam, manager of Bangladesh Inland Water Transport Corporation (BIWTC) at Aricha point, said the ferry service was suspended...

Target set to procure 28,278 tonnes of Aman paddy, 81,858 tonnes of rice

2024-01-12 00:00:00

KHULNA, Jan 11 (BSS): The government has set a target to procure 28,278 tonnes of Aman paddy and 81,858 tonnes of Aman rice from all 10 districts in Khulna division during the current season.Under the procurement drive, the Food Department...

Train services not operational yet two months after opening

2024-01-12 00:00:00

KHULNA, Jan 11 (UNB): Two months have passed since its inauguration, but train services on the Khulna-Mongla railway line are yet to become operational.Residents of the Khulna region are anxiously waiting the commencement of train services on this line. However,...

Elections ... as a citizen remembers

Syed Badrul Ahsan | 2024-01-12 00:00:00

There used to be a time —- and that was in my youth —- when I thought I would be a politician. On a monsoon evening before the gates of the old Ganabhaban, where I stood nearly every evening to...

Drive against illegal gas connections

2024-01-12 00:00:00

Several areas around Dhaka city including Narayanganj and Narsingdi have become hotbeds of gas explosions. According to the media, six members of a family, including a woman and a child, have recently suffered burn injuries in an explosion from a...

Financial sector and regulatory oversight

Zahid Huq | 2024-01-12 00:00:00

The country's financial sector has grown by leaps and bounds during the past decade. Thirteen new banks and an equal number of mobile financial service (MFS) entities have entered the financial market during that period. The authorities have also permitted...

Gloomy outlook of economy – domestic and global

Nilratan Halder | 2024-01-12 00:00:00

By the time the new government takes over in Bangladesh, the Global Economic Prospects Report released by the World Bank makes a projection of slowdown of the country's GDP (gross domestic product) growth to 5.6 per cent for the current...

Attaining IMF-set forex reserves target

2024-01-12 00:00:00

The immediate past finance minister's statement that attainment of the target of foreign exchange reserves set by the International Monetary Fund (IMF) would be impossible does give a wrong signal so far as economic and financial health of the country...

PM pays homage to Bangabandhu - - -

2024-01-11 12:00:00

Prime Minister Sheikh Hasina on Wednesday paid rich tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman on his historic Homecoming Day, reports BSS.She paid homage to the great leader by placing a wreath at the portrait of the...

When a minor surgery is made fatal

Imam Hossain | 2024-01-11 12:00:00

The circumcision of a baby boy is usually a joyous moment in any Bangladeshi family. And celebrations follow in most circumcisions with arranging a feast attended by near and dear ones. But for Ayaan's family, their excitement and happiness did...

Sorting out the NPL conundrum

Md. Ariful Islam and Syed Md Aminul Karim | 2024-01-11 12:00:00

In recent years, Bangladesh's economy has witnessed a vitriolic phenomenon in handling its non-performing loans. According to the Bangladesh Bank, at the end of Sep 2023, the total gross non-performing loans ratio of the banking sector of Bangladesh stood at...

Copper ticks higher on weaker dollar

2024-01-11 00:00:00

LONDON, Jan 10 (Reuters): Copper prices edged higher on Wednesday on a softer dollar and as investors took a breather from bearish bets that have weighed on the market so far this year.Three-month copper on the London Metal Exchange was...

US lawmaker calls for probe of UAE tech firm over China ties

2024-01-11 00:00:00

WASHINGTON, Jan 10 (AFP): A key US lawmaker has called on Washington to mull trade curbs on Emirati artificial intelligence firm Group 42 Holdings (G42) over its ties with China, according to a letter released Tuesday.Mike Gallagher, the Republican chair...

Saudi Arabia shifts focus to all kinds of energy, not just oil

2024-01-11 00:00:00

RIYADH, Jan 10 (Reuters): Saudi Arabia is taking climate change issues seriously and has shifted its focus to all kinds of energy, not just oil, Energy Minister Prince Abdulaziz Bin Salman told an industry event on Wednesday.Saudi Arabia, the world's...

Modi woos investors at Gujarat Global Summit

2024-01-11 00:00:00

GANDHINAGAR, India, Jan 10 (Reuters): India's Prime Minister Narendra Modi touted his country's economic prospects at a major business summit in his home state on Wednesday as companies Maruti Suzuki and Adani unveiled investment plans worth nearly $30 billion combined.India...

UNION BANK DISTRIBUTES BLANKETS

2024-01-11 00:00:00

As a part of Corporate Social Responsibility (CSR), Union Bank PLC distributed blankets among the helpless, sick, orphan and cold-affected people in different places in Dhaka city. ABM Mokammel Hoque Chowdhury, Managing Director & CEO of the bank, gave away...

ISLAMI BANK HOLDS SHARI'AH SUPERVISORY COMMITTEE MEETING

2024-01-11 00:00:00

A meeting of the Shari'ah Supervisory Committee of Islami Bank Bangladesh PLC was held on Wednesday on a virtual platform. Chairman of the committee Mawlana Obaid Ullah Hamzah presided over the meeting. Mufti Sayeed Ahmed, Vice Chairman, and Prof. Dr....

BRAC Bank now accepts Diners Club Int'l Cards, Discover Cards

2024-01-11 00:00:00

BRAC Bank has collaborated with Discover Global Network to accept world renowned Diners Club International Cards and Discover Cards.As a result, the cardholders of Diners Club Cards and Discover Cards will be able to use their card at payment points...

Global unemployment to rise in 2024: ILO

2024-01-11 00:00:00

The global unemployment rate will increase slightly in 2024, the United Nations said Wednesday as it raised concerns about stagnant productivity, worsening inequalities and inflation biting into disposable income, reports AFP.The UN's labour agency said the economic recovery from the...

Meghna Bank hosts Investors' meet for Star Ceramics

2024-01-11 00:00:00

Meghna Bank PLC held an Investors' Meet and Information Memorandum (IM) Launching event for Star Ceramics Ltd., a leading tiles and sanitary ware manufacturer, on Tuesday, says a statement.The bank will act as the lead arranger, facility agent and transaction...

BTRC issues guidelines for ISPs

FE REPORT | 2024-01-11 00:00:00

The telecom regulator issued guidelines on the usage of radio frequencies, apparatus and equipment by Internet Service Providers (ISPs) on Tuesday. The Bangladesh Telecommunication Regulatory Commission (BTRC) said the instructions were issued to streamline, restructure, and bring an order the...

Asian markets drop again as traders steel for inflation, earnings

2024-01-11 00:00:00

HONG KONG, Jan 10 (AFP): Asian markets on Wednesday resumed the losses that have characterised the year so far, following a tepid lead from Wall Street as traders prepare for the release of key inflation data and start of earnings...

Maruti Suzuki to invest $4b in second Gujarat car plant

2024-01-11 00:00:00

GANDHINAGAR, India, Jan 10 (Reuters): India's top carmaker Maruti Suzuki will invest 350 billion rupees ($4.2 billion) to build a second car plant in Gujarat state and will add a new production line at an existing plant, the president of...

VW, Toyota saw China market share shrink in 2023

2024-01-11 00:00:00

BEIJING, Jan 10 (Reuters): Volkswagen Group and Toyota Motor saw their share of the world's largest auto market shrink last year, industry data showed on Wednesday, as legacy international automakers ceded ground to Chinese rivals.VW's two joint ventures in China...