Bangladesh and the Islamic Development Bank (IsDB) signed a significant loan agreement for the second phase of the 'Rural and Peri-Urban Housing Finance Project,' valued at approximately $289.52 million, reports UNB.The agreement was signed at the annual meeting of the...
NAZIMUDDIN SHYAMOL | 2024-05-01 00:00:00
CHATTOGRAM, Apr 30: The full-scale transportation of petroleum products through undersea pipeline from Matarbari storage station in Kutubdia to the storage tank of the Eastern Refinery Limited (ERL) in Patenga is expected to start in July next. The authorities conducted...
In recent times, Bangladesh's banking sector has found itself grappling with a formidable challenge: a liquidity crisis. Among them, Five Islamic banks --Islami Bank Bangladesh, Social Islami Bank, First Security Islami Bank, Union Bank, and Global Islami Bank -- are...
The rise of the gig economy has ignited discussions surrounding workers' rights, labour laws, and economic stability in today's rapidly evolving landscape. With more individuals turning to freelance work and short-term contracts, it's imperative to explore how we can harmonise...
Syed Mansur Hashim | 2024-05-01 00:00:00
City residents had to put up with a lot of hassle in terms of dust, pollution and dug-out roads or overlapping barricaded medians while the first metro rail (MRT-6) was being built. There long delays and the project had dragged...
Wasi Ahmed | 2024-05-01 00:00:00
There is, no doubt, an increasing focus these days on the social safety net programmes (SSNPs) --- not only within the scope of the government's poverty alleviation exercise but also in the public discourse. Despite the many odds stacked against...
This year the May Day is likely to provide an insight into the growing hostility from elements the toiling masses will continue to encounter the world over on account of climate change. When millions of workers in South and South...
Matiur Rahman | 2024-05-01 00:00:00
Bangladesh, a nation nestled in the fertile delta of the Ganges and Brahmaputra rivers, is no stranger to heat. However, in recent years, the intensity and duration of heatwaves have reached alarming levels. This excessive heat isn't merely an inconvenience;...
AHMED ATIF ABRAR | 2024-05-01 00:00:00
"When my family first came to Bangladesh in 1972, the USIS library was on the corner of Topkhana Road… I have a dim memory of a cavernous, high-ceilinged place where sunlight from big windows fell on the ranks of newspapers...
ZANJABIL MASHKURA | 2024-05-01 00:00:00
With the increasing temperature, picking breathable, relaxing, lightweight outfits for all-day-long activities is necessary. Heat waves might end in a few days, but the temperature will continue to stay up for at least the next three months, as it is...
MONIRA MUNNI | 2024-04-30 12:00:00
Bangladesh has huge potential to double its man-made fibre (MMF) or non-cotton garment shipment within years through providing required policy support and addressing bottlenecks, industry people said.A recent study styled 'Upscaling the RMG Sector' by the Research and Policy Integration...
FE REPORT | 2024-04-30 00:00:00
Nagad, a popular mobile financial service provider in Bangladesh, is now going all the way towards making cashless transactions people's first choice.In line with the government's goal that 75 per cent of all retail transactions are settled digitally, this MFS...
Infrastructure Develop-ment Company Limited (IDCOL) has been recognised as 'Development Finance Institution of the Year' for the Asia Pacific region at the prestigious 'IJGlobal Awards 2023'. The award was announced by IJGlobal, a part of the Euromoney Institutional Investor business,...
The leadership of Summit Group, the largest infrastructure conglomerate in Bangladesh, as part of its strategic leadership transition, has approved the election of Jafer Ummeed Khan as the Chairman of Summit Oil and Shipping Limited (effective from April 17) and...
Bangladeshi banks venturing into offshore operations are offering lucrative benefits for non-resident Bangladeshis (NRBs) to deposit their earnings in foreign exchange (mainly dollar) with them, reports UNB.The Bangladesh Bank (BB) has given verbal directives to the scheduled banks in this...
FE REPORT | 2024-04-30 00:00:00
Eastern Housing's profit dropped 14 per cent year-on-year to Tk 135 million in the January-March quarter of FY24, as apartment sales plunged for rising costs of building materials amid runaway inflation.The lone listed realtor's apartment sales plunged almost 87 per...
FE REPORT | 2024-04-30 00:00:00
The cut-off price of initial public offering (IPO) shares of Techno Drugs Ltd has been fixed at Tk 34 each through an electronic bidding process involving eligible investors.The price was determined during a 72-hour bidding window between April 21 and...
FE REPORT | 2024-04-30 00:00:00
The state-run Investment Corporation of Bangladesh (ICB) is in the red for the nine months through March of FY24, having counted a loss as high as Tk 3 billion for higher interest rates and scanty gains from the capital market....
FE REPORT | 2024-04-30 00:00:00
Square Pharmaceuticals has exhibited a 15 per cent year-on-year growth in profit for January-March FY24 to Tk 4.41 billion, supported by higher revenue. It witnessed an 8.44 per cent year-on-year growth in revenue to Tk 17.22 billion in the quarter....
RAFAH, Apr 29 (AFP): As garbage piles up and the heat rises in war-torn Gaza, flies and mosquitoes proliferate in crowded Rafah city and life becomes even more grim for displaced people living in tents.Last week, temperatures already topped 30...
CANBERRA, Apr 29 (AP): Australia's Prime Minister Anthony Albanese on Monday described domestic violence as a "national crisis" after thousands rallied around the country against violence toward women.Thousands protested in cities around Australia on Sunday to draw attention to the...
MILAN, Apr 29 (AFP): An all-female referee team took charge of a Serie A game for the first time on Sunday as Inter Milan defeated Torino 2-0 at the San Siro.Maria Sole Ferrieri was assisted by Tiziana Trasciatti, Francesca Di...
Bangladesh Cricket Board (BCB) did not include all-rounder Shakib al Hasan and pace bowler Mustafizur Rahman in their 15-member squad for the first three games of the five-match T20I series against Zimbabwe, scheduled in Chattogram from May 03 (Friday), reports...
WELLINGTON, Apr 29 (AFP): Captain Kane Williamson will play at his sixth Twenty20I World Cup in June after New Zealand named an experienced 15-man squad Monday.The tournament, taking in the United States and the West Indies from June 2-30, will...
Abahani Limited will face Fortis Football Club in the last quarterfinal match of Federation Cup Football scheduled to be held at Bashundhara Kings Arena in the city today (Tuesday), reports BSS. The match will kick off at 3 pm.Earlier, Mohammedan...
OUR CORRESPONDENT | 2024-04-30 00:00:00
KHULNA, Apr 29: The current hot spell entire Bangladesh now reels under is wrecking massive havoc to the fisheries, agricultural sectors of the southwestern region.Insiders said the prevailing heatwave has brought those involved in the two sectors to their knees...
PESHAWAR, Apr 29 (AP): A Pakistani judge who was kidnapped after gunmen ambushed his vehicle has been freed in a late-night operation, a police official said Monday.Around 15 men on motorbikes intercepted Judge Shakirullah Marwat's vehicle as he was traveling...
PARIS, Apr 29 (AFP): Chinese President Xi Jinping is due to make a state visit to France on May 6 and 7, Paris announced on Monday, with wars in Ukraine and the Middle East expected to be high on the...
RAFAH, Apr 29 (AP/AFP): Israeli airstrikes on the southern Gaza city of Rafah have killed at least 22 people, including six women and five children, Palestinian health officials said. One of the children killed in the strikes overnight into Monday...
Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at one or two places over Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Tuesday), according to the Met Office. Weather may remain mainly...
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