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BUET Vice-Chancellor Prof Dr Satya Prasad Majumder speaking at discussion

2024-03-28 00:00:00

Bangladesh University of Engineering and Technology (BUET) Vice-Chancellor Prof Dr Satya Prasad Majumder speaking at discussion on the university campus on Tuesday, marking the Independence and National Day. BUET Pro-Vice-Chancellor Prof Dr Abdul Jabbar Khan, Registrar Prof Dr Md Forkan...

BJKS demands extension of Eid holiday by two days

2024-03-28 00:00:00

Passenger welfare platform 'Bangladesh Jatri Kalyan Samitiy' (BJKS) on Wednesday demanded extension of the Eid holidays by two days to reduce the suffering of passengers on the roads and prevent road accidents during the upcoming Eid, reports UNB.In a press...

Pahela Baishakh celebration must end by 06:00pm

2024-03-28 00:00:00

All events centring Pahela Baishakh including those at Ramna park, Suhrawardy Udyan, Dhaka University, Hatirjheel, and Rabindra Sarobar, must conclude by 06:00 pm, reports UNB.The decision was taken at a meeting on law and order during celebration of Pahela Baishakh...

Bhutanese King Jigme Khesar Namgyel Wangchuk visiting the Padma Bridge

2024-03-28 00:00:00

Bhutanese King Jigme Khesar Namgyel Wangchuk visiting the Padma Bridge on Wednesday. State Minister for Information and Broadcasting Mohammad Ali Arafat was also present at the moment — PID

Waterway surveillance to be augmented for safe Eid trips

FE REPORT | 2024-03-28 00:00:00

Operation of all kinds of bulkheads and speed boats would be suspended for 11 days to ensure safety of the homebound people on the waterways during the upcoming Eid-ul-Fitr.Additional Inspector General of Police (IGP) Mohammad Abdul Alim Mahmud, also head...

SCBA new president asked not to take charge

FE REPORT | 2024-03-28 00:00:00

The Bangladesh Jatiotabadi Ainjibi Forum (BJAF) has requested the newly elected SCBA President, Barrister AM Mahbub Uddin Khokan, not to assume his post. Khokan was elected as President of the Supreme Court Bar Association (SCBA) for the 2024-2025 sessions from...

Bangladesh's story is one of extraordinary strength

2024-03-28 00:00:00

President of the UN General Assembly, Ambassador Dennis Francis, has said with a well-educated workforce and a dynamic youth population, modern Bangladesh has overcome remarkable odds to become an economic powerhouse in South Asia, reports UNB.Francis made the comment while...

Yunus 'misleading' public with UNESCO award claim

2024-03-28 00:00:00

Education Minister Mohibul Hassan Chowdhury has accused Nobel laureate Muhammad Yunus of misleading the public by 'inaccurately' claiming to have received an award from UNESCO, reports bdnews24.com.On March 17, a post on Yunus's verified Facebook page announced that he had...

Govt extends Khaleda's stay out of jail for six more months

2024-03-28 00:00:00

The government has extended the term of a stay order on the prison sentence of BNP Chairperson Khaleda Zia, allowing her to remain out of jail for another six months, reports bdnews24.com.However, the former prime minister will not be able...

Strengthen fight to establish democracy, voting rights: Fakhrul

2024-03-28 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Wednesday called upon the people, especially the youth, to strengthen their fight for establishing democracy and voting rights, reports UNB.He said this at a discussion meeting organised by BNP on the occasion...

BNP trying to destroy Liberation War spirit

2024-03-28 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday said BNP is making evil efforts to destroy the spirit and values of the great Liberation War as well as the democracy under an orchestrated plan,...

Chinese cities to close local financial asset exchanges to defuse risks

2024-03-28 00:00:00

SHANGHAI/SINGAPORE, March 27 (Reuters): Four Chinese provinces and cities are shutting down their financial asset exchanges as part of efforts to crack down on illegal fundraising and rising risks in local government finances.Local financial regulators in China's provinces of Hunan...

As yuan skids, markets bet more depreciation is in store

2024-03-28 00:00:00

SINGAPORE, March 27 (Reuters): China's yuan is sliding and market participants suspect authorities are deliberately but slowly engineering a light depreciation of the currency, both to complement an easy monetary policy and to support exports.Several signals have stirred that speculation....

Dutch pension funds willing to invest billions in energy transition

2024-03-28 00:00:00

AMSTERDAM, March 27 (Reuters): The Netherlands' five largest pension funds on Wednesday said they were willing to invest billions in the country's energy transition and to help support investment in the electricity grid.In a letter, addressed to the political parties...

Fast-food companies seeing low-income diners pare orders

2024-03-28 00:00:00

SAN ANTONIO, Mar 27 (Reuters): Runaway prices at US fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald's and Wendy's recently said they worry about losing business from those on the...

HOMAGE TO LIBERATION WAR MARTYRS ---

2024-03-28 00:00:00

Different organisations placed wreaths at the portrait of Father of The Nation Bangabandhu Sheikh Mujibur Rahman on the occasion of the Independence and National Day on Tuesday. Some other organisations held discussions on the occasion.

Vietnam jails luxury property tycoon over $355m bond scam

2024-03-28 00:00:00

HANOI, Mar 27 (AFP): A top Vietnamese luxury property tycoon was sentenced to eight years in prison, state media said Wednesday, after he was accused of cheating thousands of investors in a $355 million bond scam.It is the latest case...

China's Xi meets US business executives in Beijing

2024-03-28 00:00:00

BEIJING, Mar 27 (AFP): Chinese President Xi Jinping met with representatives of US businesses Wednesday as Beijing seeks to woo foreign investment and reassure American firms in the face of a slowing economy.Officials are keen to bring in investment to...

LOVOL HARVESTER FREE SERVICE CAMPAIGN HELD

2024-03-28 00:00:00

ACI Motors organised a 'Lovol Harvester Free Service Campaign' at Rampur Primary School in Shibganj upazila under Thakurgaon district on Sunday. The main objective of this programme was to provide timely service and harvester spare parts at affordable prices to...

EDIBLE OIL LTD. DISTRIBUTES ESSENTIAL ITEMS TO ORPHANAGES

2024-03-28 00:00:00

Bangladesh Edible Oil Limited has taken an initiative to distribute essential commodities to orphanages. As part of it, the company distributed edible oil and rice to Madrasa Darul Uloom and Orphanage at Mirpur-6 and Jame-ul Uloom Madrasa at Mirpur-14 in...

WATER RESOURCES MINISTRY MEETING ON ADP PROJECTS

2024-03-28 00:00:00

Water Resources Ministry held a meeting at the Pani Bhaban in Dhaka on Wednesday to review the progress of various ADP projects under the ministry, with State Minister for Water Resources Zaheed Farooque in the chair. Senior secretary of the...

Chinese company to invest $6m in Cumilla EPZ

2024-03-28 00:00:00

Chinese company Song Shin Leather (BD) Limited will set up a Leather processing industry in Cumilla EPZ, reports UNB.An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Song Shin Leather (BD) Co Limited at...

Prime Bank launches Islamic banking on MyPrime app

2024-03-28 00:00:00

Prime Bank has launched Islamic banking services on its mobile banking app MyPrime at an event in the capital. Nazeem A Choudhury, deputy managing director, Wasiul Alam, SEVP and head of Branch Distribution Network, and other senior officials of the...

US banks to see modest hit from deal to lower swipe fee by Visa, Mastercard

2024-03-28 00:00:00

WASHINGTON, Mar 27 (Reuters): US banks could see a modest hit to their earnings due to the $30 billion settlement to limit credit and debit card fees for merchants by payments networks Visa and Mastercard, Wall Street analysts said.The antitrust...

Abul Khayer, associates fined Tk 2m for stock manipulation

FE REPORT | 2024-03-28 00:00:00

The stock market watchdog has fined investor Abul Khayer and his associates Tk 2 million for manipulating the stock price of Genex Infosys.On 28 March 2022, Genex Infosys was traded at Tk 129 per share and then fell to Tk...

DSEX sinks to 3-year low as investors optimise scope of liquidating assets

FE REPORT | 2024-03-28 00:00:00

Stocks witnessed another sharp decline, with the benchmark index of the Dhaka Stock Exchange sinking below 5,800 after three years, as local and foreign investors continued sell-offs to safeguard their investments from further erosion.Market experts say the market faced another...

Sri Lanka cuts key interest rates, seeks China deal

2024-03-28 00:00:00

COLOMBO, Mar 27 (AFP): Sri Lanka's central bank cut interest rates Tuesday as the prime minister visited China seeking a debt restructuring deal crucial to maintaining an IMF bailout.Sri Lankan Prime Minister Dinesh Gunawar-dena is in Beijing, the island's biggest...

Spanish inflation picks up in March

2024-03-28 00:00:00

MADRID, Mar 27 (AFP): Spanish inflation accelerated in March due mainly to higher energy costs, preliminary official data showed Wednesday.Consumer prices rose 3.2 per cent on an annual basis, up from 2.8 per cent in February, national statistics office INE...

Yen hits 34-year low against dollar

2024-03-28 00:00:00

TOKYO, Mar 27 (AFP): The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest rate hike in a shift away from years of ultra-loose monetary policy.The...

H&M's Q1 operating profit rises more than expected

2024-03-28 00:00:00

STOCKHOLM, Mar 27 (Reuters): H&M, the world's second-largest listed fashion retailer, reported a stronger than expected first-quarter operating profit, as new CEO Daniel Erver said shoppers liked the brand's spring collections.The Swedish group has struggled to maintain its position in...