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Rain, thunderstorm likely in four divs

2024-05-25 00:00:00

The Bangladesh Meteorological Department (BMD) has forecasted rain or thundershower in Khulna, Barishal, Chattogram, and Sylhet divisions over 24 hours, starting from 9 am on Friday, reports UNB."Rain or thundershowers accompanied by temporary gusty or squally winds are likely at...

Dhaka's air quality 5th worst in world

2024-05-25 00:00:00

Dhaka has ranked fifth on the list of cities worldwide with the worst air quality with an AQI score of 152 at 9 am this morning (May 24, 2024), reports UNB.Dhaka's air this morning was classified as 'unhealthy', according to...

Fire guts 50 houses in Gazipur

2024-05-25 00:00:00

GAZIPUR, May 24 (UNB): More than 50 residential houses were gutted in a massive fire in the workers' colony at Kaliakoir in Gazipur on Friday.Fortunately, no one sustained injuries in the fire that erupted in Telirchala area of Mouchak in...

RAB nabs job fraud ringleader in Gaibandha

2024-05-25 00:00:00

Members of the Rapid Action Battalion (RAB) have arrested Shaharul, an alleged mastermind behind a job scam, from Palashbari in Gaibandha. He is accused of fraudulently posing as senior officers of various forces to deceive job seekers, reports UNB.RAB-13 made...

Poet Nazrul’s birth anniversary today

2024-05-25 00:00:00

The 125th birth anniversary of National Poet Kazi Nazrul Islam will be celebrated across the country today in a befitting manner, reports BSS.The Ministry of Cultural Affairs has taken up elaborate programmes to mark the day at the national level....

Bangladesh logs 29 Covid cases in 24 hrs

2024-05-25 00:00:00

Bangladesh reported 29 more Covid-19 cases in 24 hours till Friday morning, reports UNB.With the new number, the country's total Covid-19 caseload rose to 2,050,332, according to the Directorate General of Health Services (DGHS).The official death toll from the disease...

Dhaka, Tokyo hold 1st round of negotiations for EPA

2024-05-25 00:00:00

The first round of negotiations for the Japan-Bangladesh Economic Partnership Agreement (EPA) was held in Dhaka from May 19 to 23, reports UNB.The meeting was attended by, on the Japanese side, Taketani Atsushi, Ambassador in charge of Economic Diplomacy, Deputy...

Depression may turn into severe cyclone

2024-05-25 00:00:00

The depression over the Bay of Bengal may intensify and turn into a severe cyclone, Bngladesh Meteorological Department has said, reports bdnews24.com.The depression over the east-central Bay of Bengal, along with the adjacent west-central Bay, has shifted northeastward and remains...

JS body for non-cash incentives to increase remittance inflow

2024-05-25 00:00:00

The Parliamentary Standing Committee on the Ministry of Finance has laid emphasis on arranging non-cash incentives to increase remittance inflow through official channels, reports BSS.The committee made the recommendation at its 3rd meeting held at the Jatiya Sangsad (JS) Bhaban...

AL to pay rich tribute to Kazi Nazrul Islam

2024-05-25 00:00:00

Awami League (AL) will pay rich tribute to Jatiya Kabi Kazi Nazrul Islam by placing wreaths at his grave marking his 125th birthday at central mosque premises of Dhaka University in the city at 7.30am today (Saturday), reports BSS.AL General...

RAB arrests couple pretending to be NSI officials in Ctg

2024-05-25 00:00:00

CHATTOGRAM, May 24 (UNB): Members of the Rapid Action Battalion (RAB) have arrested a couple from Chattogram's Sitakunda upazila who identified them as National Security Intelligence (NSI) officials, and swindled money from people. The arrestees are Mumtaz Begum, 34 and...

Expatriate welfare state minister visits UAE, Qatar, Oman to strengthen labour mkt ties

2024-05-25 00:00:00

State Minister for Expatriates' Welfare and Overseas Employment Shofiqur Rahman Chowdhury has embarked on a seven-day official visit to the United Arab Emirates, Qatar, and Oman to expand the Middle East labour market and address temporary issues, reports UNB.He left...

AL govt believes in balanced and sustainable development: Arafat

2024-05-25 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat said on Friday the Awami League (AL) government, led by Prime Minister Sheikh Hasina, believes in balanced and sustainable development, reports BSS.He was addressing the opening ceremony of the two-day international...

India bond yields slip for fifth straight week

2024-05-25 00:00:00

MUMBAI, May 24 (Reuters): Indian government bond yields declined on Friday, with the benchmark 10-year bond yield logging its fifth straight weekly fall, as record surplus transfer by the central bank is expected to aid the government's fiscal position.The benchmark...

PRIME BANK INVESTMENT WINS INDEPENDENCE GOLDEN JUBILEE AWARD

2024-05-25 00:00:00

Prime Bank Investment Ltd. (PBIL) has been honoured with the 'Independence Golden Jubilee Award 2023' presented by the Bangladesh Securities and Exchange Commission (BSEC). PBIL secured the 1st position in the 'Merchant Bank' category. Jatiya Sangsad Speaker Shirin Sharmin Chaudhury...

SHAHJALAL ISLAMI BANK AWARDED AS ‘BEST CLIMATE-FOCUSED BANK’

2024-05-25 00:00:00

Shahjalal Islami Bank PLC has been awarded as the 'Best Climate-Focused Bank' in Bangladesh at the 24th National Renewable Energy Conference and Green Expo-2024. The Institute of Energy, University of Dhaka, and GreenTech Foundation jointly organised the award giving ceremony...

Global equity funds see strong weekly inflows on US rate cut hopes

2024-05-25 00:00:00

Global equity funds secured robust inflows in the week ended May 22, driven by optimism over slowing inflation and expectations of US Federal Reserve rate cuts in the latter half of the year, reports Reuters.According to Lipper data, global equity...

Dominage Steel seeks more time for IPO fund utilisation

FE REPORT | 2024-05-25 00:00:00

Dominage Steel Building Systems seeks a nine-month extension to fully utilise its IPO (initial public offering) funds, aiming to complete the process by December of this year.The listed company has decided to revise the IPO proceeds utilisation plan as it...

Market sees worst week in two years as nervous investors run for cover

FE REPORT | 2024-05-25 00:00:00

Stocks plummeted for the second straight week to Thursday, posting biggest single-week loss since May 2022, as nervous investors kept dumping the riskier assets fearing further economic slowdown.The benchmark equity index also hit a fresh 37-month low as the latest...

Tesla slashes Model Y production in Shanghai

2024-05-25 00:00:00

SHANGHAI, May 24 (Reuters): Tesla has cut output of its best-selling Model Y electric car by a double-digit per centage number at its Shanghai plant since March, according to industry data and a source.The move is aimed at addressing weakening...

Japan inflation slows in April

2024-05-25 00:00:00

TOKYO, May 24 (AFP): The pace of Japanese inflation slowed in April as gas bills fell, government data showed Friday, raising questions about when the Bank of Japan will hike interest rates again.The Consumer Price Index excluding volatile fresh food...

Standard Bank Inks Deal with ERA Infotech

2024-05-25 00:00:00

Shari'ah-based Standard Bank PLC signed an agreement with reputed IT company ERA Infotech Limited to implement Human Resource Information System called 'People Hub'. Mohammad Mohon Miah, Managing Director & CEO (Current Charge) of Standard Bank, and Muhammad Abdul Mabud, CEO...

ADN TECH TO PROVIDE MICROSOFT AI SOLUTIONS IN LOCAL MARKET

2024-05-25 00:00:00

ADN Technologies will provide Microsoft AI Cloud-based Solutions in the Bangladesh market. ADN Technologies and Microsoft Bangladesh recently co-hosted an event featuring a product demonstration. AM Ehsan-ul Haque, CEO of ADN Technologies, and Yousup Faruqu, Country Managing Director - Microsoft...

11th National Small and Medium Enterprises (SME) Fair-2024

2024-05-25 00:00:00

Visitors at a stall on Friday at the seven-day 11th National Small and Medium Enterprises (SME) Fair-2024 organised by the SME Foundation at the Bangabandhu International Conference Centre. — FE Photo

Govt expects 21m cft gas per day from Kailashtila well-8

2024-05-25 00:00:00

The government expects that natural gas from the Kailashtila gas well-8 will be added to the national grid shortly, reports BSS.The primary gas reserve at Kailashtila gas well-8 is 25-40 billion cubic feet (cft) at the Horizon-4 layer, which has...

Ctg faces crisis of sacrificial cattle

NAZIMUDDIN SHYAMOL | 2024-05-25 00:00:00

CHATTOGRAM, May 24: The greater Chattogram region is facing a shortage of sacrificial animals as local production is unlikely to meet the demand in the forthcoming Eid-ul-Azha.Moreover, the import of sacrificial animals from the neighbouring countries, including India and Myanmar,...

Green chilli import starts through Hili port

2024-05-25 00:00:00

DINAJPUR, May 24 (BSS): The import of green chilli has been started through Hili port in the district after six months.A green chilli-laden truck entered into Bangladesh through the port around 8:30 pm on Thursday night, said Mahabub Hossain, import-export...

Barcelona sack coach Xavi

2024-05-25 00:00:00

BARCELONA, May 24 (AFP): Barcelona sacked coach Xavi Hernandez on Friday after the Catalan giants failed to win a trophy this season.Xavi will take charge of the team's final La Liga match on Sunday at Sevilla before departing. "Barcelona president...

Cruz Azul's Uriel Antuna (L) celebrates

2024-05-25 00:00:00

Cruz Azul's Uriel Antuna (L) celebrates after scoring during the Mexican Clausura tournament first leg final football match between Cruz Azul and America at the Ciudad de los Deportes stadium in Mexico City on Thursday — AFP

Saudi Arabia spending big for a place on the gaming map

2024-05-25 00:00:00

TOKYO, May 24 (AFP): Saudi Arabia is moving aggressively with its investments in more gaming companies, the Canadian industry veteran steering the kingdom's push to become a global hub for the sector told AFP Friday.The kingdom has already been spending...