Ashraf Ahmed, Chief Executive Officer (CEO) of Riverstone Capital Limited, has been elected President of Dhaka Chamber of Commerce and Industry (DCCI) for the year 2024, reports BSS.Malik Talha Ismail Bari has been elected Senior Vice President and Md Junaed...
FE REPORT | 2023-12-20 00:00:00
Facing a perfect storm of working-capital woes, a dollar crunch and protracted payment delays, local independent power producers have appealed for a change in how banks categorise them. In a letter to the Finance Division, they argue for being exempted...
FE REPORT | 2023-12-20 00:00:00
At least four people burnt to death as a running train---Mohanganj Express---- was set afire in Dhaka on Tuesday dawn, just before the beginning of a daylong hartal called by the election-boycotting opposition political parties, officials said.Two of the deceased...
JASIM UDDIN HAROON AND SYFUL ISLAM | 2023-12-20 00:00:00
Bangladesh's currency remains overvalued for long and thus dents the trade competitiveness with overseas trading partners who are enjoying economic pickup and inflation downturn, economists say.Data show that the taka remained overpriced by more than 5.6 per cent or Tk...
FE REPORT | 2023-12-20 00:00:00
Bangladesh's economic growth is to decelerate by 0.3 percentage points to 6.2 per cent in the current fiscal as the economy slows and uncertainties over the January election prevail, says the ADB. The revised growth forecast from the Asian Development...
DR IMTIAZ AHMED | 2023-12-20 00:00:00
As the cold weather sets in, we wrap ourselves in blankets and warm clothes. Equally important is to be aware of certain health conditions. These diseases commonly occur or exacerbate during the winter season. The whole family could be affected,...
ZANJABIL MASHKURA | 2023-12-20 00:00:00
Experiencing the sight of the Kaaba is an emotion unmatched. From the first time I set my heart on Kaaba back in 2013, there was no coming back. Fortunately, I was blessed to perform Umrah 4 times within ten years,...
FIRUZ NAWER | 2023-12-20 00:00:00
Prior to the availability of digital photography, photo albums were the only way we could save and value our most precious memories. Creating a photo album isn't just about arranging pictures. It can convey a thousand emotions. There was excitement...
M Rokonuzzaman | 2023-12-20 00:00:00
Despite a lack of natural resources, economies like Japan, Taiwan, and Germany have reached high-income status. We attribute their success to smartness. Undoubtedly, all less developed countries aspire to keep driving economic growth to earn high-income status. As most of...
Fire-related incidents have become increasingly common in Bangladesh. The year 2023 saw a series of fires and explosions that have afflicted us with extensive damage and fatalities. The frequency of fire incidents has also raised concerns about the adequacy of...
The campus of the Jahangirnagar University is famous for its lakes and green bushes, which provide a safe sanctuary for the migratory birds. Last year, an estimated 2,500 birds spent the winter comfortably there on arrival from a long travel...
Syed Mansur Hashim | 2023-12-20 00:00:00
The market volatility of basic staples is a story that refuses to die. That's because the market has largely been left to the whims of commercial entities that control the supply chain. What has come as a surprise is that...
Wasi Ahmed | 2023-12-20 00:00:00
Migrant workers going abroad and returning home present a picture that essentially reflects the intertwined activities involved in the process. That is to say, migration is not an end in itself but return of workers is also a part of...
The small-sized family farms that constitute nearly 85 per cent of the entire farming community of the country, also account for the largest share of the agricultural produce. The winter vegetables, for instance, are mostly grown by these small farmers...
MILAN, Dec 18 (Reuters): Shipping stocks rose across European exchanges on Monday after Iranian-backed Houthi militants in Yemen stepped up attacks on vessels in the Red Sea, prompting Denmark's A.P. Moller-Maersk and other freight firms to avoid the Suez Canal.Traders...
Donald Trump, who predicted three years ago that if Democratic President Joe Biden won the White House in 2020 markets would crash, said on Sunday that stock markets hitting record highs were just making "rich people richer."Trump, the frontrunner for...
BENGALURU, Dec 18 (Reuters): Foreign portfolio investors (FPI) were major buyers of Indian equities in the first half of December, making the highest-ever purchases in a fortnight, National Securities Depository data showed.Lower US bond yields on expectation of interest rate...
FRANKFURT Dec 18 (Reuters): IBM said on Monday that it would buy Software AG's enterprise integration platforms for 2.13 billion euros ($2.33 billion) to bolster its artificial intelligence and hybrid cloud offerings.IBM will acquire Software AG's StreamSets and webMethods platforms...
A loan agreement on "Climate Resilient Inclusive Development Programme (Subprogram1)" amounting to $90.00 million was signed on Monday between the government of Bangladesh and Korea, reports BSS.Md Anwar Hossain, wing chief and additional secretary of the Economic Relations Division (ERD),...
Officials and employees of Karnaphuli Gas Distribution Company Limited led by its Managing Director Md Abu Saklain placed a wreath at the Shaheed Minar on the Chattogram Municipal School and College premises on Saturday on the occasion of the Victory...
Employees and officials of Bangladesh Power Development Board (BPDB) led by its Chairman Md Mahbubur Rahman placed a wreath at the portrait of Bangabandhu Sheikh Mujibur Rahman at the BPDB Bhaban in the city on Saturday on the occasion of...
Bangladesh Atomic Energy Commission (BAEC) celebrated the Victory Day by hoisting the national flag in front of its office in the city on Saturday with the participation of BAEC Chairman Prof Dr Ashok Kumar Pal, Member (Planning) Prof Dr Shamim...
The 203rd meeting of the Executive Committee of the Board of Directors of Ansar-VDP Unnayan Bank was held at the board room of the bank's head office on Monday. Chairman of the bank and Director General of Bangladesh Ansar and...
Shareholders of the Information Technology Consultants Limited (ITC) approved 10 per cent cash dividend for 2022-23 and a change in the name of the company from 'Information Technology Consultants Ltd.' to 'IT Consultants PLC.'. The approval came at the 23rd...
BRAC, the world's largest NGO, and Chartered Life Insurance Company Limited (CLICL) signed a Memorandum of Understanding (MoU) at BRAC Centre on Sunday to promote health insurance initiatives in rural Bangladesh. Arinjoy Dhar, Senior Director of BRAC Microfinance Programme, and...
Managing Director and CEO of Janata Bank PLC Md Abdul Jabbar on Sunday inaugurated a five-day Faculty Development Training Course organised by the Janata Bank Staff College, Dhaka. A total of 26 executive and faculty members from Janata Bank Staff...
A views-exchanging meeting was held among the Financial Institutions Division (FID) of the Ministry of Finance, Bangladesh Securities and Exchange Commission (BSEC) and the Investment Corporation of Bangladesh (ICB) at the board room of ICB recently to discuss the current...
The 75th meeting of the board of directors of Modhumoti Bank Limited was held on Thursday on a virtual platform. Humayun Kabir, chairman of the board of directors, Shaikh Salahuddin, vice-chairman, Barrister Sheikh Fazle Noor Taposh, chairman, executive committee of...
Exim Bank inaugurated Savar upazila sub-branch at Savar and University Avenue sub-branch at Shahjalal University of Science and Technology area on Monday. Managing Director and CEO of the bank Mohammad Feroz Hossain inaugurated the sub-branches from the head office virtually.
Eastern Bank (EBL) signed an agreement with Oslo-based IDEX Biometrics to launch the world's first biometrics metal card featuring cutting-edge fingerprint sensor technology at its head office in Dhaka on Monday. Ali Reza Iftekhar, managing director and CEO of EBL,...
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