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Schools with less than 50 students to be merged

2024-03-22 00:00:00

Schools in the country with less than 50 students in the last 10 years will be merged with neighbouring schools, said Ministry of Primary and Mass Education secretary Farid Ahmed on Thursday, reports UNB.He said this at a briefing held...

Rising tides, collective solutions: Community initiatives to tackle coastal water crisis

FE REPORT | 2024-03-22 00:00:00

As the sources of drinking water are shrinking in the country's coastal belt due largely to climate change effects, people living in the region struggle every day to get the sweet water required for a healthy life.Saline water has in...

Watermelon sales in metric system banned

FE REPORT | 2024-03-22 00:00:00

The Directorate of the National Consumer Rights Protection (DNCRP) on Thursday imposed a ban on the sales of watermelon in metric system which, the organisation thinks, is depriving consumers of reasonable price.Fruit vendors will have to sell watermelon per piece...

World Water Day today -

2024-03-22 00:00:00

The World Water Day will be observed in the country today (Friday) as elsewhere in the globe, reports BSS. This year's World Water Day theme is 'Water For Peace'.President Mohammed Shahabuddin and Prime Minister Sheikh Hasina issued separate messages on...

Quader calls for building capacity of BRTA, police

FE REPORT | 2024-03-22 00:00:00

Road transport and bridges minister Obaidul Quader has emphasised capacity-building of the Bangladesh Road Transport Authority (BRTA) and the Highway Police for safe round trips during Eid.His observation comes as manpower shortages cause many problems during Eid trips every year.Despite...

After the opening of the Dhaka Elevated Expressway exit ramp

2024-03-22 00:00:00

After the opening of the Dhaka Elevated Expressway exit ramp near the Bangladesh Film Development Corporation in Karwan Bazar of the capital on Wednesday, city dwellers start experiencing heavy traffic congestion. The picture was snapped on Thursday — FE Photo

Stern action if business done blocking roads, warns DMP

FE REPORT | 2024-03-22 00:00:00

Traffic department of the Dhaka Metropolitan Police (DMP) warned on Thursday that stern action will be taken against traders if they do business blocking roads inconveniencing vehicular movement during the holy month of Ramadan.The DMP issued the warning to give...

Ex-president Zillur Rahman's politeness was remarkable

2024-03-22 00:00:00

Deputy Leader of the Jatiya Sangsad (JS) and Awami League (AL) Presidium Member Begum Matia Chowdhury on Thursday said that former President Zillur Rahman was a leader of the grassroots people and his politeness was remarkable, reports BSS."He did not...

Anisul urges children to build themselves with Bangabandhu's ideology

2024-03-22 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Huq on Thursday urged children to build themselves by being imbued with the ideology of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, reports BSS."You have to build yourselves on the ideology of...

Dr Yunus stresses zero net carbon emission

2024-03-22 00:00:00

Nobel Peace Laureate Professor Muhammad Yunus underscored the importance of innovative solutions and collaborative efforts in redesigning the system to build the world of three zeros, zero net carbon emmission, zero wealth concentration and zero unemployment, reports UNB.In his address...

BNP chalks out 3-day Independence Day programme

FE REPORT | 2024-03-22 00:00:00

Bangladesh Nationalist Party (BNP) announced on Thursday a three-day long programme on the occasion of the Independence Day. Publicity Secretary of the party Shahid Uddin Chowdhury Annie announced the programme at a meeting at the party chairperson's Gulshan office in...

BD has been turned into a police state: Hafiz

2024-03-22 00:00:00

BNP Vice Chairman Major (retd) Hafiz Uddin Ahmed on Thursday said the great war of independence in 1971 was to establish democratic rights, reports UNB."But today there is no democracy… no basic rights, freedom of speech and the press. Bangladesh...

Elections to 152 upazilas on May 8

2024-03-22 00:00:00

A total of 152 upazilas around the country will go to the polls in the first phase on May 8, announced the Election Commission (EC) on Thursday, repowers BSS.The EC decided the poll date and schedule in a meeting held...

Saudi Arabia boosts its maritime connectivity with India

2024-03-22 00:00:00

RIYADH, Mar 21 (Arab News): Saudi Arabia's King Abdulaziz Port has strengthened connections to India's nautical hubs thanks to increased cooperation between two Gulf maritime bodies.The Saudi Ports Authority announced that Safeen Co., a subsidiary of the Abu Dhabi Ports...

HDFC Bank closes $1.15b stake sale in HDFC Credila

2024-03-22 00:00:00

BENGALURU, Mar 21 (Reuters): India's HDFC Bank said on Wednesday it has completed the sale of its stake in education finance arm HDFC Credila for 95.53 billion rupees ($1.15 billion) to private equity firms BPEA EQT and ChrysCapital.The deal, announced...

AI startup Cohere seeks $5b valuation in latest fundraising

2024-03-22 00:00:00

WASHINGTON, Mar 21 (Reuters): Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation of about $5 billion, according to a person familiar with...

As US moves towards faster stock settlement, where are other countries?

2024-03-22 00:00:00

The US Securities and Exchange Commission adopted a rule in February 2023 to shorten the settlement cycle for securities transactions from two business days after the trade to one, beginning on May 28, 2024, reports Reuters.Dubbed T+1, the move, which...

AI hype will be hard to puncture

2024-03-22 00:00:00

NEW YORK, March 21 (Reuters Breakingviews): Artificial intelligence is as hungry as the technology's bullish backers. Data centers will consume some $200 billion of extra capital expenditure by 2028 to feed the boom, according, opens new tab to consultancy Dell'Oro....

Looming US stock changes could cause headaches for international funds

2024-03-22 00:00:00

NEW YORK/LONDON, March 21 (Reuters): The looming introduction of a shorter settlement cycle for US securities is causing headaches for international fund managers, who face staffing problems, the prospect of holding more cash and raised foreign exchange risk as they...

Fed sees three rate cuts in 2024

2024-03-22 00:00:00

WASHINGTON, Mar 21 (Reuters): Federal Reserve Chair Jerome Powell said on Wednesday recent high inflation readings had not changed the underlying "story" of slowly easing price pressures in the US as the central bank stayed on track for three interest...

Rangs Electronics' top brass congratulates Home Minister

2024-03-22 00:00:00

A delegation led by Ekram Hossain, Managing Director of Rangs Electronics Limited (Sony-Rangs), paid a courtesy call on Asaduzzaman Khan Kamal, Minister of Home Affairs, at the Bangladesh Secretariat on Wednesday. Mr. Ekram congratulated him for his third term as...

Walton Computer Cashback offer draws huge response

2024-03-22 00:00:00

The 'Walton Computer Cashback Offer' campaign is getting huge response from customers, says a press release. Under the offer, Walton Digi-Tech Industries Limited is providing up to 100 per cent cashback on purchase of its computer items including laptop, desktop...

BD’s e-commerce sector looking for Eid business boost

2024-03-22 00:00:00

College student Nafisa Nidhi is opting for online shopping on e-commerce platforms instead of physically stepping into stores for Eid-ul-Fitr shopping, especially with the college-leaving HSC exams around the corner, reports bdnews24.com.According to the student of Viqarunnisa Noon School and...

MTB opens revamped privilege centre at Agrabad

2024-03-22 00:00:00

Mutual Trust Bank (MTB) has opened its refurbished privilege centre in Chattogram's Agrabad area. The centre, located next to the MTB Agrabad Branch, boasts a brand-new look and modern amenities. It was inaugurated by Syed Mahbubur Rahman, managing director and...

Singer looks to manufacture locally, curb imports

FE REPORT | 2024-03-22 00:00:00

Singer Bangladesh aims to manufacture 90 per cent of its products locally in near future, instead of relying on imports. The multinational company declared its plan at a press conference featuring "Transform for Growth". It has already readied a new...

Craftsman Footwear QIO subscription begins Apr 21

FE REPORT | 2024-03-22 00:00:00

The share subscription of Craftsman Footwear and Accessories, an SME company, will open on April 21, aiming to raise Tk 50 million through a qualified investors offer (QIO). Qualified investors, who have maintained a minimum investment of Tk 3 million...

DSEX recovery shows signs of strength of blue chips

FE REPORT | 2024-03-22 00:00:00

The Dhaka bourse on Thursday bounced back strongly, extending the gaining streak for the second consecutive session, as a majority of the listed securities experienced appreciation.Investors' increased participation in blue chips exerted significant influence on the broad index, leading to...

Japan Airlines is buying 32 Airbus, 10 Boeing planes

2024-03-22 00:00:00

TOKYO, March 21 (AFP): Japan Airlines said Thursday that it is buying 32 new aircraft from Airbus and 10 from Boeing, without giving financial details."Japan Airlines (JAL) has announced today, following its board of directors meeting, the decision to introduce...

India's March business activity ends fiscal year on strong note

2024-03-22 00:00:00

BENGALURU, Mar 21 (Reuters): India's business activity ended this fiscal year on a high note, expanding at the fastest rate in eight months in March, according to a business survey, suggesting the country would remain the fastest growing major economy....

375th Board Meeting of Shahjalal Islami Bank PLC held

2024-03-22 00:00:00

The 375th meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at its Corporate Head Office on Thursday . Chairman of the Board of Directors AK Azad presided over the meeting. The Board approved a number...