EC decides to grant reg to three parties including NCP

The Election Commission (EC) has decided to grant registration to three political parties ahead of the upcoming national elections.They are: The National Citizens Party (NCP), the Socialist Party of Bangladesh-Marxist, and the Bangladesh Aam Jonogon Party (BAJP).EC Senior Secretary Akhtar...

European envoys back inclusion of Airbus aircraft in Biman fleet

The ambassadors and high commissioners of France, Germany, the United Kingdom, and the European Union in Dhaka on Tuesday emphasised the importance of introducing Airbus aircraft -- produced by the European aerospace giant Airbus -- into Biman Bangladesh Airlines' fleet...

54pc of Climate Change Trust Fund lost to corruption

About 54.17 per cent of the Bangladesh Climate Change Trust (BCCT) Fund -- established using the government's own resources to tackle the climate crisis -- has been lost due to irregularities and corruption, according to a new study by Transparency...

Mamdani on track to win NY vote

QUEENS, Nov 04 (AFP): New Yorkers looked set to elect a young Muslim leftist as mayor Tuesday as US voters cast judgment for the first time on Donald Trump's tumultuous second presidency in nationwide local elections.While Zohran Mamdani's rise has...

US cotton exports can be redoubled with proportionate tariff reduction

Bangladesh's apparel exporters want to work jointly with American cotton exporters to secure proportionate tariff reductions through increased use of US raw materials in garment industry.A recently announced US executive order allows proportionate tariff relief for apparel made with at...

Hopes fade for legal hurdles, interagency conflicts

A much-hyped drive by the post-uprising interim government to recover a cache of stolen assets may not see success during its term as intelligence-insiders find no hope yet for formidable hurdles.Even evaded tax-recovery steps have stagnated as legal barriers restrict...

Govt finalises legal docs of five Islami banks’ merger

The government has finalised the memorandum and articles of association for the proposed "Sammilito Islami Bank" to be formed by merging five shariah-based commercial banks facing severe liquidity crises, officials said.Under the two foundational legal documents recently approved by the...

Techniques that set you free from the endless scrolling

Do you feel regret while scrolling through social media, checking news feeds, and think, 'What am I doing?' and then keep scrolling more? Have you ever felt that you have so many tasks piled up, scheduled for the next day,...

How chess is finding new life in Bangladeshi youth

"Check and mate" is the catchy line of the winner. The king of the opponent is blocked in all ways to move, and there is no alternative move to save the king. That's the last move in a chess game....

Hong Kong logs warmest Oct on record

HONG KONG, Nov 04 (AFP): Hong Kong's weather service said Tuesday the city endured the hottest October on record, as scientists warn extreme heat will become more frequent and intense because of human-induced climate change globally.The Hong Kong Observatory said...

Indian investigators freeze assets in Anil Ambani probe

MUMBAI, Nov 04 (AFP): India's top financial crimes agency said it had seized properties worth over $846 million from firms linked to beleaguered tycoon Anil Ambani as part of a bank fraud probe.Anil, the younger sibling of Asia's richest person...

Brazil records biggest annual emissions fall in 15 years

SAO PAULO, Nov 04 (AFP): Brazil recorded its biggest annual fall in greenhouse gas emissions last year since 2009, according to statistics released Monday, providing a boost for left-wing President Luiz Inacio Lula da Silva as he prepares to host...

N submarine launch possible in 15 yrs: Seoul

SEOUL, Nov 04 (AFP): South Korea expects to launch its first nuclear-powered submarine by the late 2030s, a senior defence ministry official told ministers on Tuesday, days after Washington had approved Seoul's plans.US President Donald Trump last week said he...

Sudan army-backed council to meet on US truce proposal

PORT SUDAN, Nov 04 (AFP): Sudan's army-backed defence council is set to meet Tuesday to consider a US-backed truce proposal, a government source told AFP, just over a week after paramilitaries overran the key city of El-Fasher.The Rapid Support Forces,...

Guterres decries 'continued violations' of Gaza truce

DOHA, Nov 04 (AFP): United Nations Secretary-General Antonio Guterres on Tuesday warned against violations of the ceasefire in Gaza that halted two years of devastating war in the Palestinian territory.Addressing reporters on the sidelines of the Second World Summit for...

EU says it discussed rare earth supply stability with China, including general licences

BRUSSELS, Nov 4 (Reuters): EU and Chinese officials in a meeting last week have discussed how to maintain supply of rare earths on which Beijing imposed controls in April, including possible general licences, the European Commission said on Tuesday.The White...

Amazon's $38b OpenAI deal shows it is no longer an AI laggard

Amazon's $38 billion cloud deal with OpenAI marks a major endorsement for the e-commerce giant's cloud business after recent setbacks, including ceding market share to rivals and an outage that disrupted large parts of the internet, reports Reuters.After years of...

EU lawmakers debate sunset clause, conditions for Trump tariff deal

BRUSSELS, Nov 4 (Reuters): The European Parliament began debating on Tuesday whether to make the EU-US tariff deal conditional on concessions from Washington and limited in time, which could reignite trade tensions with the Trump administration.Under the deal, the United...

Edison Group unveils Helio 45 smartphone

Edison Group, one of the country's most trusted and pioneering technology brands, has launched its latest smartphone, the Helio 45.With cutting-edge performance, a vibrant display, and advanced camera technology, the Helio 45 is designed to deliver a next-level smartphone experience...

Loan demand from US mid- and large firms improves, Fed survey shows

Business loan demand from large and mid-sized US firms strengthened by the most in about three years in the third quarter while demand from small firms was essentially unchanged from the prior quarter, a Federal Reserve survey showed on Monday,...

PRIME BANK, RANGS join hands TO OFFER DISCOUNTS ON MITSUBISHI VEHICLES

Prime Bank recently signed an agreement with Rangs Limited to offer customers exclusive discounts on Mitsubishi vehicles. Rangs Limited is the authorised distributor for Mitsubishi vehicles in Bangladesh. Mamur Ahmed, senior executive vice president & head of branch distribution, Prime...

PUBALI BANK DONATES MICROBUS TO BANGLADESH MEDICAL COLLEGE

Pubali Bank has donated a microbus to Bangladesh Medical College as part of its social responsibility. Mohammad Ali, managing director and CEO of Pubali Bank, was present as chief guest at the event organised at the Bangladesh Medical College auditorium....

IFIC Bank’s ex-MD fined Tk 50m for misleading bond promotion

The Bangladesh Securities and Exchange Commission (BSEC) has slapped ex-managing director of IFIC Bank with a fine of Tk 50 million for deceptive promotion of a zero-coupon bond.According to a press release issued after the commission's meeting on Tuesday, the...

DSE to elect two shareholder directors on December 15

The Dhaka Stock Exchange (DSE) will hold an election for the posts of two shareholder-directors on December 15, as the three-year tenure of the existing board members will expire this year in line with the demutualisation scheme.This year, Md. Shakil...

Bengal Islami Life congratulates its Sponsor Director

Bengal Islami Life Insurance Limited has congratulated its Sponsor Director, Md. Iqbal Hossain Chowdhury, Managing Director of JCX Development Limited and Director of Bengal Commercial Bank, on his election as Vice President of the Bangladesh Jewellers Association (BAJUS) for the...

Javed Karim takes over as LGED chief engineer

Javed Karim has officially taken over as chief engineer (Routine Duties) of the Local Government Engineering Department (LGED).Mr Karim took charge on Monday following the issuance of government notification by the Development-1 Branch of the Local Government Division under the...

Long-term planning, management major hurdles

Bangladesh Energy Regulatory Commission (BERC) Chairman Jalal Ahmed says Bangladesh holds significant potential to expand renewable energy generation, particularly in the coastal region, but faces challenges in management and long-term planning.Addressing these issues, he said, was the key to ensuring...

ICMAB launches startup incubation centre to foster entrepreneurship

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has officially opened the ICMAB Startup Incubation Centre (ISIC), a pioneering initiative designed to cultivate a dynamic ecosystem of innovation and entrepreneurship. Shish Haider Chowdhury, Secretary of the ICT Division,...

Anlima Yarn faces survival threat as liabilities soar, auditor cautions

Anlima Yarn Dyeing Ltd. is at risk of going out of business, warned its auditor.Its liabilities are double the value of its assets that can be converted into cash within a year to clear the obligations due within the same...

Rising costs, weak demand drag down SME earnings in FY25

Most of the listed small and medium enterprises (SMEs) witnessed a year-on-year decline in profit in FY25, driven by higher business costs amidmacroeconomic challenges.According to market analysts, overall economic activities remained subdued after the political shift last year that squeezed...