BANGKOK, Sept 06 (AFP): Myanmar military air strikes in northern Shan state killed 11 civilians and wounded 11 more, a spokeswoman for an ethnic minority armed group battling the junta told AFP on Friday.The junta is battling widespread armed opposition...
Murshed Alam Sarker | 2024-09-07 00:00:00
Once, banks catered exclusively to well-off entrepreneurs, with their doors hardly accessible to those most in need of financial resources to build a better future. This left small investors and farmers at the mercy of local moneylenders, known as 'Mohajon,'...
Nilratan Halder | 2024-09-07 00:00:00
Whiteness above and whiteness below that is what Sharat or Autumn is all about. In popular perception the floating clouds like scattered clusters of snowy cotton in the sky and sheuli (night-flowering jasmine) together with undulating catkins below stand out...
PARIS, Sept 6 (Reuters): Airbus deliveries fell in August after a sharp spike in the previous month, the European planemaker said on Friday, a decline which analysts said leaves it with the task of achieving solid year-on-year growth to meet...
India's fuel demand fell 2.6 per cent in August compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Friday, reports Reuters.Consumption of fuel, a proxy for oil...
Chicago wheat, corn and soybean futures eased on Friday as traders decided that a fortnight-long rally which lifted prices from near four-year lows has left the contracts over-valued amid plentiful supply, reports Reuters.All three crops were nevertheless on track for...
Gold prices eased on Friday, retreating from near-record levels reached earlier, after mixed US jobs data cast doubts on the scale of interest-rate cut from the Federal Reserve this month, reports Reuters.Spot gold fell 0.3 per cent to $2,509.35 per...
EDOTCO Bangladesh, the country's leading digital infrastructure provider, has partnered with the Bangladesh Air Force (BAF) to extend critical relief support to flood-affected communities in the Feni, Noakhali, and Cumilla districts, says a press release. As part of the company's...
LONDON, Sept 6 (Reuters): Oil pared gains on Friday after data showed US employment increased less than expected in August, and was on track for a heavy weekly loss as demand concerns outweighed a delay to supply increases by OPEC+...
Have we forgotten the Test cricket match between Bangladesh and Pakistan held in Multan in 2003? We still remember that match vividly. Although Bangladesh had the potential to win, they ultimately lost. It was Inzamam-ul-Haq, the ace Pakistani batsman who...
A significant portion of the population remains unbanked due to the perceived complexity and apprehension associated with initiating banking relationships, particularly in rural areas. For emerging entrepreneurs, securing bank loans is arduous due to exorbitant interest rates and the collateral...
Tanim Asjad | 2024-09-07 00:00:00
The dark side of a number of so-called progressive intellectuals of the country has already been exposed. Over the years, they supported the misdeeds of the Hasina regime and never raised any question about various oppressive steps taken. They were...
Bangladesh's main gateway of entry and departure of international air traffic, the Hazrat Shahjalal International Airport (HSIA) in Dhaka, had never been a friendly and welcome place for airline passengers and visitors until recently. In fact, the hours of delay,...
M M Mahbub Hasan | 2024-09-07 00:00:00
Sixteen years ago, the national budget of Bangladesh in the fiscal year 2008-2009 was only Tk 99,962 crore. The five-figure budget announced by then one-eleven caretaker government was increased by the Awami League government in Tk. 797,000 crore from 2009-2010...
Modhumoti Bank inaugurated its 51st branch at Bagerhat on Thursday. Humayun Kabir, chairman of the board of directors of the bank inaugurated the branch through a virtual platform. Salahuddin Alamgir, chairman of the executive committee of the board of directors...
LONDON, Sept 05 (Reuters): PayPal is expanding into US point-of-sale payments by integrating its debit card with Apple's mobile wallet and offering cashback rewards, as the global online payments giant seeks direct competition with tech companies and banks.The bid to...
NEW DELHI, Sept 05 (Reuters): Amazon Inc plans to export about $5 billion of small-ticket items from India this year, up from nearly $3 billion in 2023, supplying markets such as the United States and Britain, a company official said,...
BEIJING, Sept (BBC): Car company Volvo has abandoned its target to produce only fully electric cars by 2030, saying it now expects to be selling some hybrid vehicles by that date.The carmaker blamed changing market conditions for its decision to...
BENGALURU, Sept 05 (Reuters): India's Reliance Industries, the country's most valuable company, on Thursday approved a one-for-one issue of bonus shares and recommended an increase in authorised share capital.The board recommended an increase in authorized share capital to 500 billion...
NEW DELHI, Sept 05 (Reuters): The leaders of India and Singapore on Thursday signed an agreement to partner and cooperate in semiconductors, in a deal aimed at giving Singaporean firms a greater role in supply chains in the Indian market,...
HONG KONG, Sept 5 (AFP): Asian markets bounced on Thursday after the turmoil of the previous day as traders assess the outlook for US interest rate cuts after another set of below-par data put extra focus on the upcoming jobs...
BENGALURU, Sept 5 (Reuters): India could soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that, though already among the best globally, is...
NEW YORK/LONDON, Sept 5 (Reuters): Global property markets, rattled by the steepest rise in interest rates in a generation, will get little relief from the gradual easing of borrowing costs, with scant hope of a return to the free money...
Tesla shares rose 2.5 per cent on Thursday after the electric automaker stuck to its plans to roll out the Full Self-Driving (FSD) advanced driver assistance software in China and Europe pending approval from regulators in the regions, reports Reuters.This...
SINGAPORE, Sept 5 (Reuters): India's stock market rally is ramping up its index weighting and creating a dilemma for global fund managers: sit back and watch as their relative exposure shrinks while the market grows, or buy in at increasingly...
National Bank Limited (NBL) officially launched a new product titled 'Nischinto Oboshor' at its head office on Thursday. The 'Nischinto Oboshor' launching programme was officially inaugurated by Md Touhidul Alam Khan, Managing Director & CEO of the bank, as chief...
The 517th board meeting of Social Islami Bank PLC was held at its head office in the city on Thursday. Prof Dr M Sadiqul Islam, Chairman of the board, presided over the meeting. Other directors of the bank Major (Retd)...
The 47th meeting of Bank Asia Shariah Supervisory Committee was held at the Bank Asia Tower, Karwan Bazar, Dhaka recently. Chairman of the reconstituted Shariah Supervisory Committee Mufti Shahed Rahmani, Member Secretary Maulana Shah Mohammad Wali Ullah, Faqih Member Maulana...
Al-Arafah Islami Bank (AIB) PLC opened its 224th branch in Chandpur on Thursday. Managing Director and CEO of the bank Farman R Chowdhury inaugurated the new branch as the chief guest.
With a view to expanding the range of remittance services, NRBC Bank PLC signed an agreement with Placid Express, USA, a US-based remittance company, at the bank's head office in the city on Wednesday. Kabir Ahmed, Deputy Managing Director of...
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