FE REPORT | 2024-09-04 00:00:00
Bangladesh Bank (BB) has dissolved the boards of two banks and reconstituted them by appointing new chairmen. The banks in question are Al Arafah Islami Bank and Bangladesh Commerce Bank Limited. Al Arafah Islami Bank has been reconstituted with the...
FE REPORT | 2024-09-04 00:00:00
The interim government has appointed Prof Dr Abdul Hannan Chowdhury as director and chairman of the board of directors of microcredit- pioneer Grameen Bank.The Financial Institutions Division (FID) under the Ministry of Finance issued a notification to this end on...
FE REPORT | 2024-09-04 00:00:00
Bangladesh is likely to seek financial assistance from the US during talks with a US delegation scheduled to arrive in Dhaka on September 15, said Foreign Adviser Touhid Hossain on Tuesday.US Assistant Secretary of State, Donald Lu will lead the...
FE REPORT | 2024-09-04 00:00:00
The White Paper Preparation Committee is expected to find out the irregularities and corruption committed in the energy and power sector during the tenure of the immediate-past government, committee chief Dr Debapriya Bhattacharya said on Tuesday. "If necessary, we would...
FE REPORT | 2024-09-04 00:00:00
The Transparency International Bangladesh (TIB) and its four UK-based anti-corruption peers have called for an immediate freeze on illegal assets held by Bangladeshis in foreign countries.Bangladeshis have held huge ill-gotten gains in countries like the UK, the US, Switzerland, EU...
FE REPORT | 2024-09-04 00:00:00
Head of interim government Prof Yunus has sought cooperation from the media to foster national consensus on rebuilding Bangladesh in tune with spirit of the student-mass uprising. "We got an opportunity to rebuild and reform the country after the student-led...
RAWALPINDI, Sept 3 (AFP): Bangladesh celebrated a historic first-ever Test series win over Pakistan and a 2-0 clean sweep with a tense six-wicket victory in Rawalpindi on Tuesday.Shakib Al Hasan hit the winning boundary 25 minutes before tea on the...
GULAM RABBANI | 2024-09-04 00:00:00
Services at the country's largest airport, Hazrat Shahjalal International Airport (HSIA), have improved to a large extent, and now the passengers are coming out from the airport at the shortest time after completing their necessary procedure. The airport authority is...
SYFUL ISLAM | 2024-09-04 00:00:00
India has prevailed upon negotiators to keep transmission charge "variable" for using its line to transmit electricity from Nepal into Bangladesh which the finance division finds irrational.The Power Division negotiated with India that it will get Tk 0.76 per unit...
FE REPORT | 2024-09-04 00:00:00
Fifty-seven Bangladeshi expatriate workers who were jailed for staging protests in the United Arab Emirates to express solidarity with the anti-quota student movement in Bangladesh, have been pardoned following a bold initiative taken by Chief Adviser Prof Dr Muhammad Yunus.UNB...
MUNIMA SULTANA | 2024-09-04 00:00:00
Dhaka Elevated Expressway (DEE), the country's first road-access-control infrastructure, celebrated one year of inauguration on Tuesday, recording 12.7-million traffic during the period with domination of the lowest-toll-charged vehicles.According to data, Tk 1.04 billion was collected in tolls for using the...
FE REPORT | 2024-09-04 00:00:00
Business leaders have sought necessary steps from the interim government to ensure security in the industrial units amid suspension of production at several units over labour unrest for last couple of days. They made the appeal at a meeting with...
JASIM UDDIN HAROON AND JUBAIR HASAN | 2024-09-04 00:00:00
Banks' non-performing loan (NPL) volume reaches a record-high of over Tk 2.11 trillion as of last June-end, official statistics show and economists worry over its domino effect. Bankers and economists say the pressure on the banking sector continues mounting under...
LONDON, Sept 03 (AFP): Lord's will host the World Test Championship final for the first time in 2025, the International Cricket Council announced on Tuesday.The final between the two highest-placed teams in the World Test Championship rankings will start on...
LONDON, Sept 03: (AFP): England Test coach Brendon McCullum will take charge of the nation's teams in all three formats from the start of next year, cricket chiefs announced on Tuesday.McCullum has reinvigorated England's Test set-up alongside captain Ben Stokes...
NEW YORK, Sept 03 (AFP): World number one Jannik Sinner and former champion Daniil Medvedev set up a US Open quarter-final showdown on Monday as both men look to exploit the hole left by the shock exits of Novak Djokovic...
RAWALPINDI, Sept 03 (AFP): Skipper Najmul Hossain Shanto was lost for words after Bangladesh sealed a landmark first-ever Test series win over Pakistan on Tuesday in Rawalpindi.The visitors won the second and final Test by six wickets on the fifth...
BEIJING, Sept 3 (Reuters): Sales of U.S. automaker Tesla's China-made electric vehicles grew 3 per cent in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday.Deliveries of its China-made Model 3 and Model...
ONE Bank PLC donated Tk 20 million to the Chief Advisor's Relief Fund for the flood-affected people on Tuesday. Managing Director of the bank Md Monzur Mofiz and Additional Managing Director Abu Zafore Md Saleh handed over a Pay Order...
A meeting of the Board of Directors of Islami Bank Bangladesh PLC was held on Tuesday at Islami Bank Tower. Md. Obayed Ullah Al Masud, Chairman of the bank, presided over the meeting. Md. Abdul Jalil, Chairman, Executive Committee; Prof...
Midland Bank PLC has donated Tk 5.0 million to the Chief Adviser's Relief & Welfare Fund to support the people who have been suffering due to devastating flood.The amount deposited to the Relief & Welfare Fund will be utilised to...
NAZIMUDDIN SHYAMOL | 2024-09-04 00:00:00
CHATTOGRAM, Sept 03: All 24 directors of the executive committee of Chittagong Chamber of Commerce and Industry (CCCI), including its President Omar Hazzaz, resigned on Monday. The resignation letters were sent to Nazneen Kawshar Chowdhury, director general (Trade Organisation Wing)...
BRAC Bank's Branch Network has posted a net deposit growth of Tk 16 billion (Tk 1,600 crore) in August, says a press release.This is a commendable achievement, as the growth has been accomplished despite the unstable political situation in the...
FE REPORT | 2024-09-04 00:00:00
The government is set to impose stricter limitations on meat imports to protect local dairy and cattle farmers. To implement this, the Department of Livestock will not issue any import permit for now, said Farida Akhtar, adviser to the ministry...
The Securities and Exchange Board of India is working on allowing simplified registration rules for foreigners investing only in government bonds, an official with the markets regulator said on Tuesday, reports Reuters."For foreign funds investing in only government bonds, given...
Major stock markets in the Gulf were mixed in early trade on Tuesday ahead of a raft of US economic data that could determine how deeply the Federal Reserve will cut interest rates later this month, reports Reuters.The US ISM...
LONDON, Sept 3 (Reuters): Ukraine announced on Wednesday that international bondholders had formally approved its plan to restructure over $20 billion of debt amid its ongoing war with Russia.Kyiv said those holding over 97 per cent of its debt had...
BERLIN, Sept 3 (Reuters): German automaker BMW is recalling electric Mini Cooper SE vehicles due to problems in their batteries, which could potentially affect more than 140,000 autos worldwide, a company spokesperson told Reuters on Monday.Around 39,000 vehicles could be...
LONDON/TOKYO, Sept 3 (Reuters): Factories in the euro zone remained mired in contraction last month, surveys showed, with the data suggesting a recovery could be some way off but Asian and British manufacturers showed tentative signs of recovery.However, analysts say...
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