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Romo Rouf new chairman of Bank Asia

2022-08-28 00:00:00

Romo Rouf Chowdhury has been elected Chairman of Bank Asia Ltd. in the 479th meeting of the bank's Board of Directors held on Thursday. Mr Chowdhury is one of the sponsor-shareholders as well as sponsor-directors of Bank Asia Ltd. He...

Under shadow of war, Porsche gears up for market debut

2022-08-28 00:00:00

HAMBURG/LONDON, Aug 27 (Reuters): Preliminary steps to list Porsche on the stock market are expected in the coming days, six people familiar with the matter said, adding executives at parent Volkswagen and family members were gathering to sell the idea...

An agreement was signed between Social Islami Bank Limited and Yashoda Hospitals, Hyderabad, India, recently. Mohammad Forkanullah, Deputy Managing Director

2022-08-28 00:00:00

An agreement was signed between Social Islami Bank Limited and Yashoda Hospitals, Hyderabad, India, recently. Mohammad Forkanullah, Deputy Managing Director of SIBL, and Keshov Gupta, SVP of Yashoda Hospitals signed the agreement in presence of Zafar Alam, Managing Director &...

Top four cos see 'unusual' price rise on DSE

FE REPORT | 2022-08-28 00:00:00

Four listed companies dominated the weekly gainers' chart of Dhaka Stock Exchange (DSE) last week, driven by unusual price rise in their shares. During the week, these firms' share prices jumped as high as 50.89 per cent on the DSE...

Most investors’ complaints addressed through CCAM

FE REPORT | 2022-08-28 00:00:00

Around 91.1 per cent of the investors' complaints submitted online have been addressed through the securities regulator's Customer Complaints Address Module (CCAM) in nearly three years.The Bangladesh Securities and Exchange Commission (BSEC) introduced the CCAM on September 30, 2019 and...

Md Jaker Hossain, director, SME & Special Programmes Department of the Bangladesh Bank, and Hassan O Rashid, managing

2022-08-28 00:00:00

Md Jaker Hossain, director, SME & Special Programmes Department of the Bangladesh Bank, and Hassan O Rashid, managing director and CEO, Prime Bank Limited, recently signed an agreement in presence of Abdur Rouf Talukder, governor of Bangladesh Bank, on providing...

Union Bank Limited has signed an agreement with Bangladesh Bank recently to disburse loans at 7.0 per cent profit rate under the

2022-08-28 00:00:00

Union Bank Limited has signed an agreement with Bangladesh Bank recently to disburse loans at 7.0 per cent profit rate under the 'Refinance scheme against term loans to cottage, micro, small and medium enterprises (CMSME) sector'. Governor of Bangladesh Bank...

US-Bangla announces spl Bangkok package

2022-08-28 00:00:00

Planning a trip to Thailand? Well, private carrier US-Bangla Airlines has announced a special package for Bangkok with free accommodation. The package will be valid from September 1 to October 31, reports UNB.The special package starting from TK 33,000 includes...

Nagad elevates mobile recharge experience with great offers

FE REPORT | 2022-08-28 00:00:00

Rehnuma Begum, a Facebook-based business owner, has to make several phone calls to her customers every day for business needs, such as verifying orders or assuring the successful delivery of the products. To run her small business, she needs to...

PPA with Indian cos soon to buy 500 MW electricity from Nepal

2022-08-28 00:00:00

Bangladesh is going to sign a power purchase agreement (PPA) with Indian companies GMR Karnali Hydropower Company Limited and NTPC Vidyut Vyapar Nigam (NVVN) to buy 500 MW of electricity, reports UNB.In the joint steering committee (JSC) meeting between the...

Takeover of NDTV by India's richest man worries journalists

Alasdair Pal and Aftab Ahmed | 2022-08-28 00:00:00

NEW DELHI, Aug 27 (Reuters): For years Indian television company NDTV pursued an independent line critical of the government even as others embraced strident nationalism. Now a proposed takeover by tycoon Gautam Adani's conglomerate has raised fears that one of...

Over 80 rescued from ferry fire

2022-08-28 00:00:00

MANILA, Aug 27 (AP): Philippine coast guard personnel and volunteers have rescued more than 80 passengers and crew of an inter-island ferry that caught fire as it approached a port south of Manila, prompting many to jump into the water...

Shootouts, blasts erupt in Tripoli

2022-08-28 00:00:00

TRIPOLI, Aug 27 (Reuters): Intense fighting erupted in the Libyan capital overnight and lasted until Saturday morning, with rival factions exchanging heavy gunfire and the sounds of several loud blasts ricocheting around the city.The clashes took place in Tripoli's city...

Afghan flood toll rises above 180

2022-08-28 00:00:00

KABUL, Aug 27 (Reuters): Flooding in Afghanistan this month killed more than 180 people, the Taliban said on Thursday, appealing to the international community for help.Flooding has wrought widespread devastation in central and eastern Afghan provinces in recent weeks, washing...

Fears of a radiation leak mount near Ukrainian N plant

2022-08-28 00:00:00

KYIV, Aug 27 (AP): Authorities began distributing iodine tablets to residents near Ukraine's Zaporizhzhia nuclear power plant Friday in case of a radiation leak, amid mounting fears that the fighting around the complex could trigger a catastrophe.The move came a...

Russia blocks final doc at N treaty confce

2022-08-28 00:00:00

UNITED NATIONS, Aug 27 (AP): Russia late Friday blocked agreement on the final document of a four-week review of the U.N. treaty considered the cornerstone of nuclear disarmament which criticized its military takeover of Europe's largest nuclear plant soon after...

Truck ploughs into auto killing four

2022-08-28 00:00:00

COX'S BAZAR, Aug 27 (bdnews2.com): At least four people were killed and another was injured after a truck ploughed into an autorickshaw at Ukhia in Cox's Bazar district.The accident occurred on the Shaheed ATM Zafar Alam Arakan Road along the...

Balanced fertilisation a must to boost crop production: Experts

2022-08-28 00:00:00

RAJSHAHI, Aug 27 (BSS): Substantial and sustainable promotion of balanced fertilisation can be the best way of protecting soil health from further degradation besides boosting crop production to ensure food security.Utmost emphasis should be given on habituating the grassroots farmers...

Frequent power cuts leave poultry farmers reeling

2022-08-28 00:00:00

MYMENSINGH, Aug 27 (bdnews24.com): Shakhawat Hossain had been doing well since opening a layer poultry farm in Mymensingh's Tarakanda upazila six years ago. But his fortunes took a turn for the worse when the Covid-19 pandemic struck in 2020.And now,...

Crab now a potential forex earner

OUR CORRESPONDENT | 2022-08-28 00:00:00

COX'S BAZAR, Aug 27: Crab has come out as a potential export earner for Bangladesh. Currently, the country exports around 28,000 tonnes of crab every year to more than 20 countries.By exporting crab, Bangladesh earned about US$ 750 million in...

Monopoly power and inflation in Bangladesh

Muhammad Mahmood | 2022-08-28 00:00:00

In early January 2003, Robert Lucas, President of the American Economic Association in his Presidential address on the occasion of the one hundred fifteenth meeting held in Washington D.C. said " The central problem of depression prevention has been solved,...

Post offices need to modernise

2022-08-28 00:00:00

Once we used to rely heavily on letters and post offices for communication. In the past, post offices were always crowded with people. Now-a-days, our post offices give an opposite picture. Not many people are there. Only a few visit...

Ensuring proper education for tea workers' children

2022-08-28 00:00:00

It is now difficult for common people to survive due to the skyrocketing prices of essentials. One wonders how a tea worker can keep body and soul together with the wage of only Tk 120 per day. Yes, they can...

Addressing manpower shortage at the public healthcare facilities

2022-08-28 00:00:00

Public health services across the country are being severely hampered due to the shortage of health professionals. Hundreds of posts of physicians, nurses, paramedics, medical assistants and other staff have been lying vacant in the government hospitals and upazila health...

A life haunted by myriad 'accidents'

Shihab Sarkar | 2022-08-28 00:00:00

With the very mention of the term 'accidents', the view which flashes on the minds of the general people is that of a road mishap. It has been defined for long as one of the common trends of people in...

Trend in global trade and Bangladesh

Asjadul Kibria | 2022-08-28 00:00:00

After a strong rebound last year, there was an expectation that global trade would be on the path of steady growth in the current year. However, the Russia-Ukraine war, starting in late February, dimmed the optimism to some extent. Though...

BB's refinancing scheme to boost wheat, maize output

2022-08-28 00:00:00

The importance of producing sufficient volumes of cereals and other food crops locally is now being felt more than at any time before. The Russia-Ukraine war has not only disrupted the supply of fuel and edible oils, but the availability...

Cement-laden vessels stay anchored

2022-08-27 00:00:00

Cement-laden vessels stay anchored at a terminal adjacent to Aminbazar Bridge over the river Turag. The sacks of cement are ferried here through the river route from outside Dhaka. Later, the construction ingredient is sent to Dhaka and neighbouring areas...

Kids are enjoying a ride

2022-08-27 00:00:00

Kids are enjoying a ride at the Shaheed Matiur Park at Gulistan of the capital on Friday - the weekly holiday. Once neglected, the public place has attracted a lot of visitors these days after the authorities concerned gave the...

Lankan children 'going to bed hungry': UN

2022-08-27 00:00:00

COLOMBO, Aug 26 (AFP): Children in Sri Lanka are "going to bed hungry" because of the island nation's economic crisis, the UN said Friday, warning other South Asian countries could be approaching similar shortages.Sri Lanka is grappling with its worst...