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Govt bank borrowing goes ballooning

JASIM UDDIN HAROON | 2023-09-01 00:00:00

Government bank borrowing this fiscal also goes ballooning as the amounts for the first two months doubled to Tk 750.24 billion compared to the corresponding period in 2022-23, stoking inflation fears. The gross bank borrowings in the past two months,...

Weather (2023-09-01)

2023-09-01 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the Met Office.The highest temperature in...

Banglabid festival to be telecast live on Channel i today

2023-09-01 00:00:00

The fifth annual festival of popular reality show 'Ispahani Mirzapore Banglabid' will be held at the Bangabandhu International Conference Centre in the city today (Friday), says a statement.The programme will be telecast live at 07:35pm on Channel i and on...

18 Covid cases recorded

2023-09-01 00:00:00

Bangladesh has recorded 18 new cases of Covid-19 in a day, taking the overall tally of infections to 2,045,352, reports bdnews24.com.The death toll from the disease remained unchanged at 29,476 over the 24-hour period, according to the latest government data...

Speaker Dr Shirin Sharmin Chaudhury, MP, speaking at a discussion

2023-09-01 00:00:00

Jatiya Sangsad (JS) Speaker Dr Shirin Sharmin Chaudhury, MP, speaking at a discussion on Southeast University campus in the city on Thursday, marking the 48th anniversary of the martyrdom of Father of the Nation Bangabandhu Sheikh Mujibur Rahman

Germany to support research, innovation in BD universities

2023-09-01 00:00:00

Germany has expressed interest to cooperate with Bangladeshi universities in conducting research and innovation, and establishing international centres there, reports UNB.A three-member delegation of German Academic Exchange Service (DAAD), led by its director Dr Katja Lasch showed this willingness while...

Political fray augurs badly for judiciary

FE REPORT | 2023-09-01 00:00:00

Chief Justice (CJ) Hasan Foez Siddique has said that it does not bode well for the judiciary when the political split crosses the streets and rushes to courts.The judiciary feels comfortable if political ideology is implemented politically and courts are...

PM's participation in G20 Summit to add another feather to Dhaka-Delhi ties: FM

2023-09-01 00:00:00

Foreign Minister (FM) Dr AK Abdul Momen on Thursday said Prime Minister (PM) Sheikh Hasina's participation in the G20 Summit in New Delhi will add yet another feather to the 'Golden Chapter' in Dhaka-Delhi ties, reports UNB."We look forward to...

President to attend 43rd ASEAN Summit

2023-09-01 00:00:00

President Md Shahabuddin will visit Indonesia to attend the 43rd ASEAN Summit to be held in Jakarta Convention Centre on September 5-7, reports UNB.Foreign Minister Dr AK Abdul Momen briefed the media at the Ministry of Foreign Affairs on Thursday...

Bangabandhu never believes that Bangalees can kill him: Kamal

2023-09-01 00:00:00

Home Minister Asaduzzaman Khan Kamal on Thursday said Father of the Nation Bangabandhu Sheikh Mujibur Rahman never thought that Bangalees would kill him, reports BSS."Even foreigners never thought that Bangalees can kill Bangabandhu. So, when we went abroad, we had...

Rizvi, six other BNP activists indicted in cop murder case

2023-09-01 00:00:00

A Dhaka court on Thursday framed charges against seven BNP leaders and activists including its Senior Joint Secretary General Ruhul Kabir Rizvi in police constable Shamim murder case filed around eight years back, reports UNB.Acting judge of Dhaka Additional 4th...

Foreigners' open letter favouring Yunus a threat to rule of law: 14-party

2023-09-01 00:00:00

Central 14-party alliance leaders considered the open letter issued by some local and foreign persons to the Prime Minister with an illegal and illogical demand to stop the ongoing trial proceedings against Dr Yunus in Bangladesh's court as a threat...

BCL holds grand rally in city today

2023-09-01 00:00:00

Bangladesh Chhatra League (BCL), the student wing of ruling Awami League (AL), will hold the biggest-ever student rally at Suhrawardy Udyan today (Friday) in memory of Father of the Nation Bangabandhu Sheikh Mujibur Raman and Bangamata Sheikh Fazilatun Nesa Mujib,...

No election sans caretaker govt, reiterates BNP

FE REPORT | 2023-09-01 00:00:00

The Bangladesh Nationalist Party (BNP) has once again reiterated that it would not participate in the next general election without a neutral caretaker government."If anybody thinks that the next election will be held under the ruling Awami League, they're just...

BNP's 45th founding anniversary today

2023-09-01 00:00:00

BNP is set to celebrate its 45th founding anniversary across the country today (Friday). On September 1, 1978, late President Ziaur Rahman founded the party with a 19-point programme to build a self-reliant Bangladesh, reports UNB. BNP and its associate...

Obaidul Quader exchanging views with journalists

2023-09-01 00:00:00

Awami League General Secretary Obaidul Quader exchanging views with journalists after visiting the rally ground at Suhrawardy Udyan in the city on Thursday — Focus Bangla

Pernod Ricard shares drop on China and US sales warning

2023-09-01 00:00:00

PARIS, Aug 31 (Reuters): Pernod Ricard warned that sales would decline in Chinese and US markets in its first quarter to Sept. 30, sending shares in the drinks group down 4 per cent on Thursday despite forecast-beating annual results.The owner...

India's Adani hits back at new 'stock manipulation' report

2023-09-01 00:00:00

NEW DELHI, Aug 31 (AFP): India's Adani Group hit back Thursday at a new report investigating alleged manipulation of the conglomerate's share prices, accusing its authors of conspiring to drive down its stocks for profit.The globe-spanning ports-to-power conglomerate saw around...

UBS begins $10b cuts, axing 3,000 jobs after Credit Suisse deal

2023-09-01 00:00:00

ZURICH, Aug 31 (Reuters): UBS Group embarked on a sweeping plan to cut more than $10 billion in costs, saying on Thursday it will axe 3,000 jobs in Switzerland alone after it took over its stricken rival Credit Suisse.The plan...

Workers stage Japan’s first strike in decades over department store sale

2023-09-01 00:00:00

TOKYO, Aug 31 (Reuters): Workers at a major Tokyo department store went on strike on Thursday after talks with management over the planned sale of their company broke down, marking the first major walk-out the country has seen in decades.Some...

Engineer AHM Mohiuddin paid rich tributes to Father of the Nation Bangabandhu

2023-09-01 00:00:00

Newly appointed Managing Director of West Zone Power Distribution Company Ltd (WZPDCL) Engineer AHM Mohiuddin paid rich tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his mausoleum at Tungipara in Gopalganj on Wednesday....

23rd AGM of Desh General Insurance held

2023-09-01 00:00:00

The 23rd annual general meeting (AGM) of Desh General Insurance Company Limited was held on a virtual platform on Wednesday. Chairman of the company Md Jashim Uddin presided over the meeting. Chief Executive Officer Mohammadi Khanom was also present on...

EC, Microcredit Regulatory Authority sign deal

2023-09-01 00:00:00

Microcredit Regulatory Authority Executive Director Muhammad Majedul Haque and Election Commission Director Mohammad Azizul Islam signed an agreement in the city on Wednesday. The primary objective of the agreement is to facilitate the verification of data stored by the Election...

EBL and Renata introduced a co-brand payroll card for Renata employees

2023-09-01 00:00:00

Eastern Bank Limited (EBL) and Renata Limited have introduced a co-brand payroll card for Renata employees. Ahmed Shaheen, additional managing director and head of corporate banking, EBL, and Syed S Kaiser Kabir, CEO and managing director of Renata Limited, officially...

Trust Bank recognised as one of the top seven banks

2023-09-01 00:00:00

Trust Bank Ltd has been recognised as one of the top seven banks in the 'Sustainability Rating 2022' by the Bangladesh Bank. Abdur Rouf Talukder, governor of Bangladesh Bank, handed over the award to Humaira Azam, managing director and CEO...

Prime Bank acknowledged by Bangladesh Bank in 'Sustainability Rating 2022'

2023-09-01 00:00:00

Prime Bank has been acknowledged by the Bangladesh Bank in 'Sustainability Rating 2022' for actively driving sustainability initiatives. Prime Bank Managing Director and CEO Hassan O Rashid received the award from Bangladesh Bank Governor Abdur Rouf Talukder at the ceremony...

Community Bank gets new DMD

2023-09-01 00:00:00

Community Bank has promoted Md Abdul Qaium Khan to Deputy Managing Director and Chief Information Officer (CIO) recently. He has been working with the bank since its inception as SEVP and Chief Information Officer (CIO). He started off his banking...

Titas Gas MD reappointed

2023-09-01 00:00:00

Md Harunur Rashid Mollah has been reappointed as the managing director of Titas Gas Transmission and Distribution Company Limited, with effect from September 29, says a press release.He will serve in this role for the next one year from the...

Zaved Akhtar new chairman of Unilever Bangladesh

2023-09-01 00:00:00

Unilever Bangladesh Limited, the country's leading Fast Moving Consumer Goods company, has appointed Mr. Zaved Akhtar as the new Chairman of the Board of Directors, effective 28 August 2023. He has been unanimously elected as the Chairman of the Board...

World shares limp toward biggest monthly drop since February

2023-09-01 00:00:00

LONDON, Aug 31 (Reuters): World shares limped towards their worst month since February, with sentiment hurt by still-gloomy China factory readings on Thursday, as traders awaited European and US data that could add to bets that interest rates have peaked.Europe's...