FE REPORT | 2024-09-06 00:00:00
The government will form a taskforce to bring laundered money back home, Finance Adviser Dr Salehuddin Ahmed said on Thursday.He also said the commodity prices will go down within a few months.The adviser was talking to newsmen after a meeting...
FE REPORT | 2024-09-06 00:00:00
The interim government on Thursday constituted a five-member national committee to review the deals inked under the 'controversial' Quick Enhancement of Electricity and Energy Supply (Special Provision) Act 2010 (Amended 2021).Retired Judge of High Court Division Moinul Islam Chowdhury will...
FE REPORT | 2024-09-06 00:00:00
Bangladesh Bank (BB) has simplified the process of importing raw materials and capital machinery to improve the business environment and ensure smooth supply of daily essentials in the domestic market.As part of easing the business climate, the central bank has...
Chief Adviser Prof Muhammad Yunus on Thursday called upon the students to return to their classrooms and campuses as a well-educated and competent generation is required to reap the benefits of the revolution."Now it's time to go back to study....
ARAFAT ARA | 2024-09-06 00:00:00
Brunei started worker recruitment under the government-to-government (G2G) arrangement from Bangladesh in July.So far, the Southeast Asian nation hired 25 Bangladeshi workers for its trades like construction, services, and hospitality.Dhaka and Bandar Seri Begawan, which is the country's capital, inked...
FE REPORT | 2024-09-06 00:00:00
The National Board of Revenue (NBR) has reduced import duties on onion, potato and pesticides to rein in prices of the commodities in the local market.The waiver on onion and potato would continue until November 30, 2024, said a statement...
FE REPORT | 2024-09-06 00:00:00
Bangladesh has lodged a strong protest against the killing of Bangladeshi girl Swarna Das by the Border Security Force (BSF) of India.The 13-year-old of Juri upazila in Moulvibazar district was shot dead on the border on 01 September 2024.Bangladesh's foreign...
FE REPORT | 2024-09-06 00:00:00
The Advisory Council, in its meeting on Thursday, decided to form a commission to review the short-term demands of workers in all sectors.Representatives from the owners will also be included, Adviser Asif Mahmud stated during a briefing in the evening....
FE REPORT | 2024-09-06 00:00:00
All the election commissioners, led by Chief Election Commissioner (CEC) Kazi Habibul Awal, have resigned en masse amid massive protests against their involvement in conducting rigged elections.They announced their resignation at a press briefing in the capital on Thursday.The President...
MONIRA MUNNI | 2024-09-06 00:00:00
A latest spate in labour unrest in Bangladesh's readymade garment factories prompted global apparel brands to shift work orders to neighbouring India.The unrest follows Sheikh Hasina government's fall in a student movement.Factory owners and labour leaders allege that the unrest,...
FE REPORT | 2024-09-06 00:00:00
The Anti-Discrimination Student Movement on Thursday staged 'Shahidi March' to mark the fall of the Awami League government and to honour those killed in the July-August protests. The march, which began at 3:30 PM from the Anti-Terror Raju Memorial Sculpture...
FE REPORT | 2024-09-06 00:00:00
In a change of fortune now, 197 global leaders, including 92 Nobel laureates, wished Chief Adviser of the Interim Government of Bangladesh Muhammad Yunus and the people "peace and success in the months and years ahead".Such a big galaxy of...
FE REPORT | 2024-09-06 00:00:00
All business concerns of Salman's Beximco Group and their property look poised for ownership change as the High Court Thursday issued rule asking why a receiver of the conglomerate shouldn't be appointed.In the rule the High Court asks government bodies...
FE REPORT | 2024-09-06 00:00:00
Over half of Islami Bank's outstanding loans went to S Alam Group in insider lending after the fast-acquisitive conglomerate took over its ownership, imperilling its liquidity situation. Newly appointed chairman of Islami Bank Bangladesh PLC Obayed Ullah Al Masud came...
NEW YORK, Sept 05 (Reuters): Verizon said on Thursday it would buy Frontier Communications in an all-cash deal worth $20 billion, as the US wireless carrier looks to expand its fiber network.Verizon has offered $38.50 per share, a premium of...
BENGALURU, Sept 05 (Reuters): India's Adani Group is in talks with more than 10 global banks to raise at least $1.5 billion through dollar bond sales, Bloomberg News reported on Thursday, citing people familiar with the plans.The bonds would be...
MUMBAI, Sept 05 (Reuters): Despite the moderation seen in India's first quarter gross domestic product growth (GDP), the South Asian economy is likely to achieve full year growth of 7.2 per cent as projected, the Reserve Bank of India (RBI)...
WAHINGTON, Sept 05 (Reuters): Democratic presidential candidate Kamala Harris' proposed corporate tax hike could reduce S&P 500 company earnings by about 5 per cent, with additional taxes potentially hitting profits harder, Goldman Sachs analysts said.Last month, Vice President Harris outlined...
ZURICH, Sept 05 (Reuters): The Swiss government has submitted its proposed free trade agreement with India to parliament, it said on Thursday, moving closer to a deal that could open up the world's most populous country to Swiss exports.The agreement...
PITTSBURGH, Sept 05 (AFP) : United States Steel warned Wednesday it could shut its headquarters and factories in Pennsylvania, a key swing state in November's election, if a takeover by Japan's Nippon Steel is blocked.At a rally in downtown Pittsburgh,...
KUALA LUMPUR, Malaysia, Sept 05 (AP) : Prime Minister Anwar Ibrahim said Thursday that Malaysia will not bow to demands by China to stop its oil and gas exploration in the South China Sea as the activities are within the...
BEIJING, Sept 05 (AFP) : Chinese leader Xi Jinping on Thursday pledged more than $50 billion in financing for Africa over the next three years and promised to help create at least a million jobs on the continent.Xi's comments came...
Eastern Bank PLC has opened its 21st Priority Centre for its premium customers located at Canyon Tower of Sonargaon Janapath Road at Uttara Model Town. Ali Reza Iftekhar, Managing Director and CEO of the bank, inaugurated the centre on Thursday.
The 175th Emergent Board Meeting of Exim Bank held on Thrusday at its head office in Dhaka. Chairman of the Board of Directors Md. Nazrul Islam Swapan presided over the meeting. Members of the Board of Directors Md. Nurul Amin...
First meeting of the new Board of Directors of First Security Islami Bank (FSIB) PLC held on Wednesday at its head office in Dhaka. Mohammad Abdul Mannan, Chairman of the Board of Directors of First Security Islami Bank PLC, presided...
To aid in the medical treatment of those injured during the recent student movement, the country's leading private financial institute, United Commercial Bank PLC (UCB), has provided financial assistance to Dhaka Medical College Hospital (DMCH). The funds from UCB will...
The 56th Board Meeting of Community Bank Bangladesh PLC was held at the Police Headquarters on Thursday. The meeting was chaired by Md. Mainul Islam, ndc, Inspector General, Bangladesh Police, and Chairman of Community Bank Bangladesh PLC. Masihul Huq Chowdhury,...
MONIRA MUNNI | 2024-09-06 00:00:00
Bangladesh's apparel exports to the United States have sustained double-digit negative growth, while the performance of its major Asian competitors is improving fast.The country's garment shipments to its single-largest US market plummeted 10.27 per cent during the January-July 2024 reaching...
International School Dhaka (ISD) distributed relief items among the flood victims, reports BSS.A delegation of ISD students and faculties went to Cumilla to provide supplies such as food, clean water, medicines, and other essential goods to 2,000 flood-affected families.The ISD...
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