Former Malaysia Prime Minister Mahathir Mohamad, 98, has been admitted to hospital again, his office said, confirming media reports after the ex-premier of more than two decades missed a court hearing on Tuesday, reports Reuters.The nonagenarian has been in and...
FE REPORT | 2024-02-14 00:00:00
NRB Bank Managing Director and Chief Executive Officer Mamoon Mahmood Shah has resigned from his post on personal grounds.According to the bank sources, Mr Mahmood Shah sent a resignation letter to the chairman of the private commercial bank on January...
OUR CORRESPONDENT | 2024-02-14 00:00:00
CHATTOGRAM, Feb 13: Chattogram City Corporation (CCC) has initiated legal action against 1,200 hawkers, including 11 leaders, for obstructing the drive to remove illegal establishments. The case has been filed at Kotowali Thana in connection with a clash that occurred...
The state-run Bangladesh Betar on Tuesday celebrated the World Radio Day-2024 through various programmes in the city, highlighting the importance of radio for reaching information and entertainment to the people, reports BSS.This year's theme of the day is 'Radio: A...
GULAM RABBANI | 2024-02-14 00:00:00
The Civil Aviation Authority of Bangladesh (Caab) has requested permission from the central bank to pay outstanding dues for its six ongoing projects in foreign currencies.In a letter to the Ministry of Civil Aviation and Tourism, Caab says it needs...
ISLAMABAD, Feb 13 (Reuters): The Pakistan Peoples Party (PPP) on Tuesday indicated it would support former prime minister Nawaz Sharif's party to form a minority government, seeking to end a stalemate after inconclusive elections in the nuclear-armed nation.But the conditions...
JUBAIR HASAN | 2024-02-14 00:00:00
Banking sector's annualised provision shortfall surged around 75 per cent in the immediate-past calendar year due mainly to burgeoning classified loans and forex-market volatility, sources said.The provisioning-fund deficit against bad assets in commercial banks increased to Tk 193 billion by...
Prime Minister Sheikh Hasina on Tuesday put emphasis on the rural development along with building infrastructure, report agencies.The Prime Minister gave the directives while chairing the 1st meeting of the Executive Committee of the National Economic Council (ECNEC) under the...
M AZIZUR RAHMAN | 2024-02-14 00:00:00
Search for offshore hydrocarbons starts shortly as Bangladesh is all set to launch international bidding, after five years, now that fuel shortages haunt households and industries. Export of surplus gas and global-level pricing are among sweeteners put in model deals...
A woodpecker perched on a Shimul branch pecks for nectar among the vibrant red blossoms, heralding the arrival of spring in Dhaka. The mild winter has given way to a season of blooms, captured in Hatirjheel area on Tuesday. —...
GULAM RABBANI | 2024-02-14 00:00:00
Despite boasting 0.28 million registered companies and firms, the country faces a crippling shortage of dedicated courts to handle corporate disputes such as feuds over annual general meetings, share distributions or minority-shareholder rights.Since there are no dedicated lower courts for...
A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh PLC was held on a virtual Platform on Tuesday. Maolana Obaid Ullah Hamzah, chairman of the committee, presided over the meeting. Mohammed Monirul Moula, Managing Director & CEO of...
A Memorandum of Understanding (MoU) was signed between Midland Bank and Quantanite Bangladesh Limited at the corporate head office of the bank in Dhaka on Monday. Mohammad Javed Tarek Khan, Head of Institutional Banking Division of Midland Bank, and Ahnaf...
Akij Polymer Industries Limited inaugurated a 2-MWp Rooftop Solar Project financed by the Infrastructure Development Company Limited (IDCOL) in Manikganj on Monday, says a statement. M R Jamil, Executive Director of Akij Bashir Group, Alamgir Morshed, Executive Director & CEO...
OUR CORRESPONDENT | 2024-02-14 00:00:00
CHATTOGRAM, Feb 13: GPH Ispat Limited held its annual channel partner conference titled 'GPH Maharaj Darbar' in Dhaka on Sunday and Monday.This signature event honours channel partners based on their year-round performance. Several hundred channel partners and their families participated...
Shahjalal Islami Bank PLC signed an agreement with Daraz Bangladesh Limited at the bank's Corporate Head Office on Tuesday, says a statement. Additional Managing Director & CBO of the bank Abdul Aziz and Chairman of Daraz Syed Mostahidal Hoq signed...
FE REPORT | 2024-02-14 00:00:00
The country's shipping agents have urged the government to lower the source tax on their commission from existing 8.0 per cent to 5.0 per cent to help flourish the sector further.The Bangladesh Shipping Agents Association (BSAA) has also requested the...
FE REPORT | 2024-02-14 00:00:00
Australia is seeking to enhance their relationship with Bangladesh, focusing on economic partnership and supporting regional connectivity and stability, including defense cooperation.Acting High Commissioner of Australia in Dhaka Nadia Simpson expressed the interest on Tuesday while addressing a programme organised...
FE REPORT | 2024-02-14 00:00:00
The government is set to establish a National Plant Quarantine Authority to ensure the sustainability of the country's agricultural exports in the global market, according to a source. This move aims to fulfil the requirements of the World Trade Organization's...
BENGALURU, Feb 13 (Reuters): KRBL reported a nearly 35 per cent drop in third-quarter profit on Tuesday, hit by a weak demand for its India Gate basmati rice brand in international markets, leading to a 6.4 per cent decline in...
LONDON, Feb 13 (Reuters): Britons may have to brave a shortage of some lines of tea, one of the nation's favourite drinks, after the supermarket industry warned of a risk to supply from shipping disruptions in the Red Sea.The British...
LONDON, Feb 13 (Reuters): Copper prices extended gains on Tuesday, continuing a recovery from last week's 3.7 per cent decline thanks to lower inventories while investors await US inflation data for a steer on hopes for cuts to interest rates.Three-month...
The Institute of Chartered Secretaries of Bangladesh (ICSB) organised a seminar titled "Leadership and Human Resource Development" at the Dhaka Club in the city on Monday.Renowned economist and former Bangladesh Bank governor Dr Atiur Rahman was present as the chief...
LONDON, Feb 13 (Reuters): OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025 and raised its economic growth forecasts for both years saying there was further upside potential.The Organisation of...
Gazi Ashraf Hossain, new Bangladesh Cricket Board (BCB) Chief Selector, said on Tuesday that he is confident of getting a free hand as the selection panel head. He also added that if his freedom is curbed, then he might have...
Bangladesh Cricket Board (BCB) on Tuesday recalled batsman Mahmudullah Riyad and Taijul Islam to their Twenty20 international squad for the three-match series against Sri Lanka in March, reports AFP.Former captain Mahmudullah last played a T20 against Zimbabwe in 2021, but...
CGL e-sports, a youth organisation committed to nurturing Bangladesh's growing e-sports community, successfully orchestrated the CGL Masters 2, according to a press release on Tuesday.This marked the country's inaugural Counter-Strike 2 FULL LAN tournament, according to the press release. The...
The Chattogram phase of the ongoing Bangladesh Premier League (BPL) season began with a resounding victory for defending champions Comilla Victorians at the Zahur Ahmed Chowdhury Stadium in Chattogram on Tuesday, reports UNB.Batting first, the Comilla posted a massive 239...
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