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A five-day training workshop titled "Development of Leadership of Branch Management", organised by Agrani Bank Training

2024-05-19 00:00:00

Agrani Bank training course beginsA five-day training workshop titled "Development of Leadership of Branch Management", organised by Agrani Bank Training Institute, began on Saturday. Chief Executive Officer (Current charge) and Deputy Managing Director Wahida Begum of the bank was present...

Govt earns Tk 140m revenue from Nagad despite zero investment: Palak

2024-05-19 00:00:00

The government has earned over Tk 140 million (14 crore) in revenue from the mobile banking service 'Nagad' without any investment in any form, according to Junaid Ahmed Palak. More than Tk 50 million has been received in the current...

Electricity generation from Rohingya camp waste begins

OUR CORRESPONDENT | 2024-05-19 00:00:00

COX'S BAZAR, May 18: The Department of Public Health Engineering (DPHE) has started generating eco-friendly electricity from waste and abandoned plastic in the Rohingya camp of Cox's Bazar by using the Omni process method. Omni process is a technology where...

Islami Bank Bangladesh PLC organised a webinar on 'Compliance of Shari'ah in Banking Operations' recently. Dr. Tanveer Ahmad, Vice Chairman

2024-05-19 00:00:00

ISLAMI BANK WEBINAR ON 'COMPLIANCE OF SHARI'AH IN BANKING' Islami Bank Bangladesh PLC organised a webinar on 'Compliance of Shari'ah in Banking Operations' recently. Dr. Tanveer Ahmad, Vice Chairman of the bank, addressed the webinar as the chief guest, with...

Malaysia's economy grows faster than expected

2024-05-19 00:00:00

KUALA LUMPUR, May 18 (Reuters): Malaysia's economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though some analysts said the rebound could be short-lived with price pressures set to...

BRAC Bank has opened a relocated branch on spacious new premises at RK Mission Road in Dhaka

2024-05-19 00:00:00

RELOCATED BRAC BANK BRANCH OPENS AT RK MISSION ROADBRAC Bank has opened a relocated branch on spacious new premises at RK Mission Road in Dhaka. This branch has been shifted from the Graphics Building in Motijheel and renamed the RK...

Businesses urged to embrace ESG compliance for sustainable growth and competitive edge

2024-05-19 00:00:00

Embracing an Environmental, Social, and Corporate Governance (ESG) compliance framework will allow businesses to align their values and strategies with sustainability objectives, foster economic growth, and remain competitive beyond LDC graduation.Dhaka Chamber of Commerce and Industry (DCCI) President Ashraf Ahmed...

The IFIC Bank celebrated the 'World Telecommunication and Information Society Day' with the launch of a campaign titled 'IFIC

2024-05-19 00:00:00

IFIC BANK SUPPORTS WOMEN IN TECH ADVANCEMENTThe IFIC Bank celebrated the 'World Telecommunication and Information Society Day' with the launch of a campaign titled 'IFIC Bank stands by women in technological advancement'. This initiative aims to equip young women with...

Economists blame policymakers for failing to tame inflation

FE REPORT | 2024-05-19 00:00:00

Policymakers have signally failed to control inflation in the country as people in the low-income bracket have been hardest hit by skyrocketing prices of essential commodities in recent years.Economists said this during a session of the Bangladesh Economic Association (BEA)...

Man City's Phil Foden named Premier League Player of the Season

2024-05-19 00:00:00

LONDON, May 18 (AFP): Manchester City's Phil Foden has been named the Premier League's Player of the Season.Saturday's announcement meant the 23-year-old England midfielder completed an awards double after being voted Footballer of the Year by the English Football Writers'...

Pakistan 'close' to achieving World Cup glory, claims Shaheen Afridi

2024-05-19 00:00:00

Shaheen Shah Afridi is confident that Pakistan is very close to lifting the T20 World Cup as the Green Shirts came close to it in the previous two editions where they reached the semi-final and final in 2021 and 2022...

Aslam calls for reviving Khulna's sports scene

2024-05-19 00:00:00

Former Bangladesh national football team captain and Dhaka Abahani Club legend Sheikh Mohammad Aslam has expressed serious concerns about the decline of sports in his hometown of Khulna, declaring the scene "dead," reports UNBThough retired from professional football, Aslam remains...

Warren Buffett's legacy is at stake via Bill Gates

2024-05-19 00:00:00

NEW YORK, May 18 (Reuters Breakingviews): Warren Buffett cares deeply about who will succeed him to run Berkshire Hathaway. But what about the single organization destined to receive much of his stock? Buffett has bequeathed a vast sum to the...

Eastern Bank Limited (EBL) recently opened its 36th sub-branch in Banshkhali, Chattogram. The inauguration ceremony was

2024-05-19 00:00:00

Eastern Bank Limited (EBL) recently opened its 36th sub-branch in Banshkhali, Chattogram. The inauguration ceremony was attended by A.N.M. Shahadat Alam Chowdhury, chairman of 5 No. Kalipur Union Parishad; Mohiduddin Chowdhury Khokha, former chairman of 2 No. Shadhanpur Union Parishad;...

Foreigners sold Asian bonds in April amid firm dollar

2024-05-19 00:00:00

Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve's interest rate cuts dampened appetite, reports Reuters.Investors net sold bonds worth $1.91 billion from...

The 125th meeting of the executive committee of Modhumoti Bank was held virtually on Saturday. Barrister Sheikh Fazle Noor Taposh, chairman of the committee,

2024-05-19 00:00:00

The 125th meeting of the executive committee of Modhumoti Bank was held virtually on Saturday. Barrister Sheikh Fazle Noor Taposh, chairman of the committee, presided over the meeting. Other attendees included Managing Director of Sharmin Group Mohammad Ismail Hossain, Chairmen...

NCC Bank marked its 31st anniversary with a celebratory programme which began with Chairman Md Abul Bashar cutting a cake.

2024-05-19 00:00:00

NCC Bank marked its 31st anniversary with a celebratory programme which began with Chairman Md Abul Bashar cutting a cake. He also announced the upcoming launch of the bank's new internet banking app 'NCC Always' and a Customer Self Service...

Pink bond: Women to get easy fund soon to turn ideas into action

2024-05-19 00:00:00

Mohammad MufazzalThe securities regulator is framing rules for a new product namely 'Pink Bond' to cater to the financing need of women entrepreneurs. Women having innovative business ideas to set up small and medium enterprises will be given access to...

Will food prices never stop rising?

2024-05-19 00:00:00

The stubborn and persistent rise in inflation rate is a major threat to the country's short-term economic recovery and long-term developmental goal. According to the Bangladesh Bureau of Statistics (BBS), food inflation rose to 10.22 per cent in April from...

Graphic designing for freelancing

2024-05-19 00:00:00

Many trainers are now providing graphic design training both online and offline. They aim to provide employment opportunities to the unemployed by developing skilled manpower through graphic design training. We welcome their initiative and hope that graphic design can help...

Glaring indifference to railway safety

Atiqul Kabir Tuhin | 2024-05-19 00:00:00

At a time when the deteriorating conditions of rail tracks have already made rail routes accident-prone causing recurring human tragedy, it is alarming to learn that wooden planks and bamboo sticks are being used in repairing and maintaining the dilapidated...

Can Chinese credit in yuan meet country's present need?

Asjadul Kibria | 2024-05-19 00:00:00

Advanced developing countries like China and India have been trying to push their currencies in the bilateral trade settlement with their different trading partners like Bangladesh for a long time. The core logic is that it will help reduce the...

Preparing participatory master plans for districts

2024-05-19 00:00:00

It is now difficult to predict what will pan out finally, but the idea of preparing five-year development master plans for districts, as mooted by Prime Minister Sheikh Hasina at the just-held meeting of the Executive Committee of the National...

Bank mergers: lessons for a sucker in despair

Sajjad Zohir | 2024-05-19 00:00:00

Only a few days or weeks before the Bangladesh Bank (BB) issued the April 4, 2024 circular, introducing guidelines for both voluntary and compulsory mergers, the Chairman of the ailing Padma Bank, M. Nafeez Sarafat resigned. Under a new Acting...

Russia has no plans to capture Kharkiv: Putin

2024-05-19 00:00:00

KYIV, May 18 (AP/AFP): Russian President Vladimir Putin said on Friday during a visit to China that Moscow's offensive in Ukraine's northeastern Kharkiv region aims to create a buffer zone but that there are no plans to capture the city.The...

Biden aide visits KSA, Israel for Gaza talks

2024-05-19 00:00:00

WASHINGTON, May 18 (AFP/BBC/AP) - US President Joe Biden's national security advisor Jake Sullivan will travel to Kingdom of Saudi Arabia (KSA) and Israel at the weekend for talks on the conflict in Gaza, the White House said Friday.Sullivan will...

Afghan floods leave 50 dead

2024-05-19 00:00:00

KABUL, May 18 (AFP): Flash flooding has killed at least 50 people in western Afghanistan, provincial police said Saturday, with some reaching safety on higher ground mere minutes before the water hit.The floods on Friday also destroyed about 2,000 houses,...

Chinese officials meet to mull support for developers: Bloomberg

2024-05-18 00:00:00

BEIJING, May 17 (AFP) : Chinese leaders are meeting Friday with top housing officials to discuss a possible plan for the government to buy millions of unsold homes in a bid to support the struggling property sector, Bloomberg reported.The State...

Mild to moderate heat-wave sweeps over country

2024-05-18 00:00:00

Mild to moderate heat-wave is sweeping over eight divisions across the country, said met office forecast for the next 24 hours begins from 9am Friday, reports BSS."Mild to moderate heat-wave is sweeping over Rangpur, Rajshahi, Mymensingh, Dhaka, Khulna, Barishal, Chattogram...

China industrial output picks up, retail sales slow in April

2024-05-18 00:00:00

BEIJING, May 17 (AFP): Chinese industrial production picked up in April but consumption slowed, official figures showed Friday, as woes in the property sector and elsewhere continued to weigh on economic recovery.Industrial output rose 6.7 percent on-year last month, according...