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Shimanto Bank signs LTFF agreement with Bangladesh Bank

2024-07-11 00:00:00

Shimanto Bank has recently signed an agreement with Bangladesh Bank to participate in Long Term Financing Facility (LTFF) in foreign currency (USD). The agreement signing ceremony was presided over by Dr. Md. Habibur Rahman, Deputy Governor, Bangladesh Bank. Rafiqul Islam,...

Bank Asia starts acquisition of Bank Alfalah's BD operations

2024-07-11 00:00:00

Bank Asia, a leading private sector bank, has commenced the process of acquiring the Bangladesh operations of Pakistan-based Bank Alfalah. This marks the third foreign bank acquisition by Bank Asia, reports UNB.In 2001, Bank Asia acquired the Bangladesh operations of...

Japan reviewing plan to support BD's LDC graduation, 9th FYP

FE REPORT | 2024-07-11 00:00:00

Japan is reviewing the Country Assistance Plan for Bangladesh, taking into account the nation's upcoming graduation from Least Developed Country status and its Ninth Five-Year Plan, Japanese Ambassador to Bangladesh Iwama Kiminori said."We are considering Bangladesh's needs against its development...

Less than 10pc internet users make online purchases in Bangladesh

FE REPORT | 2024-07-11 00:00:00

The percentage of internet users making online purchases in Bangladesh is one of the lowest in the world. The ratio was below 10 per cent in the last year, reflecting the need for more substantive progress in e-commerce.The share is...

Corn, wheat edge lower, soybeans steady

2024-07-11 00:00:00

PARIS/JAKARTA, July 10 (Reuters): Chicago corn and wheat futures edged down on Wednesday as favourable crop conditions kept a lid on prices, while soybeans steadied after hitting another near four-year low.Rapid wheat harvest progress and good growing conditions for corn...

Boeing deliveries drop 27pc

2024-07-11 00:00:00

Boeing said on Tuesday it delivered more commercial jets in June than in any other month this year, but the total of 44 planes represented a 27 per cent drop on an annual basis amid a whirlwind of legal and...

Oil prices steady as OPEC keeps demand forecasts unchanged

2024-07-11 00:00:00

LONDON, July 10 (Reuters): Oil prices steadied on Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) kept its growth forecast for oil demand unchanged for this year and next, while U.S. crude and gasoline inventories likely fell last...

Colombia, Uruguay to clash in Copa semis with records in sight

2024-07-11 00:00:00

CHARLOTTE, N.C., July 10 (Agencies): Uruguay and Colombia will be chasing their own slice of history when they meet in Thursday's (as per BST) Copa America semi-final in Charlotte, North Carolina.Colombia enter the semi-final having avoided defeat in 27 consecutive...

Lamine Yamal—a hero for Spain

2024-07-11 00:00:00

Lamine Yamal delivered a dose of footballing justice as his record-breaking stunner sent Spain to their first final in 12 years and France home, report agencies.The entertainers defied the pragmatists in Munich as Yamal became the youngest goalscorer in Euros...

Atkinson steals spotlight in Anderson's farewell Test

2024-07-11 00:00:00

LONDON, July 10 (AFP): England debutant Gus Atkinson upstaged James Anderson's farewell by taking a sensational seven wickets as the West Indies collapsed to 121 all out on Wednesday's opening day of the first Test at Lord's.The build-up to the...

Messi leads Argentina into Copa final

2024-07-11 00:00:00

Lionel Messi helped guide Argentina to this year's Copa América final after scoring in his nation's 2-0 win against Canada in the semifinals on Wednesday's (as per BST), report agencies.The 37-year-old scored early in the second half to double Argentina's...

News in Brief 2024-07-11

2024-07-11 00:00:00

Twelve children killed in S African school minibus crashJOHANNESBURG, July 10: Twelve children were killed in South Africa early Wednesday when a minibus taking them to school near Johannesburg overturned and caught fire after being hit by another vehicle, the...

Myanmar ethnic armed group claims control of town on key trade highway

2024-07-11 00:00:00

YANGON, July 10 (AFP): Myanmar ethnic minority fighters said on Wednesday they have seized a town along a key trade highway to China following days of clashes with junta troops.The town of Naungcho "is totally ours," General Tar Bhone Kyaw...

Increased far-right ranks prepare for French parliament

2024-07-11 00:00:00

PARIS, July 10 (AFP): Dozens of freshly-elected French far-right lawmakers visited parliament Wednesday, as the left-wing alliance who beat them in the polls scrambled for a viable candidate to lead the government.A broad coalition of Greens, Socialists, Communists and the...

A big fat Indian wedding for Ambani family to snarl Mumbai traffic

2024-07-11 00:00:00

MUMBAI, July 10 (Reuters): When the son of Asia's richest person Mukesh Ambani gets married in Mumbai this week, traffic in a key part of the city will literally stop for the four-day extravaganza to be attended by celebrities, business...

NATO leaders seek to bolster Ukraine as gloom grows

2024-07-11 00:00:00

WASHINGTON, July 10 (AFP): NATO leaders meet Wednesday for their 75th anniversary, seeking ways to ramp up support for Ukraine as deadly Russian strikes and political uncertainties in the West stir new concerns.With the pomp of a summit in Washington,...

Israeli attack on Gaza school kills dozens

2024-07-11 00:00:00

GAZA, July 10 (Agencies): Israeli forces launched more deadly strikes across Gaza on Wednesday, according to medical sources and the military, which said it targeted Hamas militants operating from inside a UN agency building.The Israeli army also said it was...

Man held with 18 gold bars in Benapole

2024-07-11 00:00:00

BENAPOLE, July 10 (UNB): Members of Border Guard Bangladesh (BGB) detained a man along with 18 gold bars worth over Tk 20 million (two crore) from Baropota Bazar along Putkhali bordering area of Benapole early Wednesday.The arrestee was identified as...

Four get life-term for killing boy in Joypurhat

2024-07-11 00:00:00

JOYPURHAT, July 10 (BSS): A court here on Wednesday sentenced four people to life term imprisonment for killing a boy after abduction in Khetlal upazila of the district in 2000.Additional District and Session Judge Md Nurul Islam handed down the...

Two minor sisters die from suspected food poisoning in Naogaon

2024-07-11 00:00:00

NAOGAON, July 10 (UNB): Two minor sisters have died from suspected food poisoning allegedly after eating biscuits in Naogaon Sadar upazila, police and doctors said on Wednesday.A 16-year-old boy lMoin Islam, who also fell sick after eating biscuit, is undergoing...

Flooding disrupts education of several thousand children

OUR CORRESPONDENTS | 2024-07-11 00:00:00

Learning of several thousand children faces setback as a total of 508 primary schools in Sylhet division and 117 in four upazilas of Gaibandha district have remained closed due to floods.In Sylhet, although flood waters have receded in the low-lying...

Rajbari, Gazipur road accidents kill three

2024-07-11 00:00:00

Three persons were killed in separate road accidents in Rajbari and Gazipur districts on Wednesday and Tuesday night, report agencies.In Rajbari, a class I student was killed after being hit by a battery-run auto-rickshaw in Baliakandi upazila of Rajbari on...

Question paper leaks frustrate general students

2024-07-11 00:00:00

Question paper leakage has become a serious problem. Previously, there were allegations of leaking school, college, and university admission test questions through various websites and social media platforms. However, in a surprising revelation, a private television channel reported that questions...

Urgent action needed to address gas crisis

2024-07-11 00:00:00

Bangladesh is facing a critical situation with widespread power cuts due to a nationwide gas shortage. This crisis, triggered by damage to a key liquefied natural gas (LNG) terminal during Cyclone Remal, has plunged millions into darkness, impacting everything from...

Checking question paper leaks

Mir Mostafizur Rahaman | 2024-07-11 00:00:00

Leaking of question papers prepared for public examinations and public sector recruitment has become a regular practice in our country in recent times.Public service examinations in Bangladesh, such as the Bangladesh Civil Service (BCS) exams, are highly competitive and hold...

The rot has gone too deep

Shamsul Huq Zahid | 2024-07-11 00:00:00

In recent months, financial or other scams have been hitting the news headlines one after another. Indeed, it has become difficult for people to keep track of those who are coming at them thick and fast. First came the incidents...

BB's default loan exit policy

2024-07-11 00:00:00

When the default loan culture is posing a threat to the stability of financial sector in particular and macroeconomy in general, the central bank has come up with an 'exit policy' that allows the defaulting borrowers up to three years...

Weather (2024-07-10)

2024-07-10 00:00:00

Light to moderate rain/ thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Mymensingh and Sylhet divisions, at many places over Chattogram and Dhaka divisions, at a few places over Rajshahi, Khulna and...

88 dengue patients hospitalised

2024-07-10 00:00:00

As many as 88 dengue patients were hospitalised in the last 24 hours until Tuesday morning, according to the daily statement of the Directorate General of Health Services (DGHS), reports BSS.During the period, 27 dengue patients were hospitalised in Dhaka...

A student speaking at a discussion on 'campus safeguarding'

2024-07-10 00:00:00

A student speaking at a discussion on 'campus safeguarding', organised by BRAC University in its residential campus in Savar on Tuesday, to raise awareness and ensure a safe environment for all members of the university. — Press Release