MUMBAI, Aug 31 (Reuters): The Indian Banks' Association is likely to ask the central bank to reduce the amount of additional funds lenders will need to set aside against some retail deposits and also seek a delayed and gradual implementation...
NEW YORK, Aug 31 (Reuters): A broadening rally in US stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data and the Federal Reserve's expected rate cuts in September.As the...
Mohammed Nurul Amin, former managing director of Meghna Bank PLC and NCC Bank PLC, has been appointed as the Independent Director and Chairman of the Board of Directors of Global Islami Bank PLC, following his selection by Bangladesh Bank, says...
Modhumoti Bank Risk Management Committee meetingThe 39th meeting of the Risk Management Committee of the Board of Directors of Modhumoti Bank PLC was held on Thursday. The meeting was presided over by Mostafa Kamal, Chairman of the Board's Risk Management...
Intel's shares rose more than 3 per cent in early trading on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor enthusiasm after one of the stock's worst...
FE REPORT | 2024-09-01 00:00:00
The Bangladesh Merchant Bankers Association (BMBA) has formally requested the government to extend the repayment period for loans taken under the capital market refinancing scheme by an additional five years.In a letter to the Financial Institutions Division of the Ministry...
MOHAMMAD MUFAZZAL | 2024-09-01 00:00:00
The Dhaka Stock Exchange (DSE) has submitted a list of seven nominees for appointment as independent directors to its board, aiming to make it functional, as suggested by the securities regulator after six independent directors resigned in the wake of...
BRAC Bank's Reading Cafés in Chuadanga and Dhaka recently concluded insightful discussions on two significant historical novels, 'Badshah Namdar' by Humayun Ahmed and 'Masnad' by Moshtaq Sharif, the bank said in a statement on Saturday.Over the past month, members immersed...
Mr. Muklesur Rahman has been elected as the Chairman of the Executive Committee of National Bank Limited as an independent director of the bank. This decision was made during the bank's 505th Board Meeting, which took place on August 22,...
JEDDAH, Aug 31 (Arab News): The Kingdom of Saudi Arabia and Poland have established a joint business council for the 2024-2028 term to boost trade and investment between the two countries.The Kingdom's General Authority for Foreign Trade has finalized the...
FE ReportMore than 98 per cent of the network has been restored across the flood-hit 11 districts, according to the regularly updated monitoring report from the Bangladesh Telecommunication Regulatory Commission (BTRC).The report highlights that, due to immediate action taken to...
Labourers busy at a shop at the wholesale rice market at Badamtali in the city on Saturday. Though rice prices declined by Tk 2-3 per kg, in the span of one week, the rates were back to square one following...
Bangladesh Bank achieved a record profit in the fiscal year 2023-24, fueled by significant US dollar sales from reserves and a sharp rise in short-term lending to commercial banks, reports UNB. The central bank's final balance sheet for the year...
A Dhaka court on Satutday placed former national parliament chief whip ASM Feroz on three-day remand in a case lodged over the murder of Sohag Mia, 16, in city's Bhatara area on July 19 during the student-people movement, reports BSS.Dhaka...
BARISHAL, Aug 31 (UNB): Thirteen people were injured in an attack by a faction of the BNP attempting to take control of the Rupatali Bus Terminal and the three-wheeler stand in Barishal. Seven of the injured have been admitted to...
FE REPORTBNP Senior Joint Secretary General Ruhul Kabir Rizvi on Saturday said not only Awami League, but other political parties also have the records of engaging in dishonest schemes with the ruling authorities."We (BNP) have seen many times in the...
FE REPORT | 2024-09-01 00:00:00
Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman said the upcoming national election will be one of the toughest tests for the party.He came up with the observation while virtually exchanging views with the grassroots-level leaders and activists of BNP's...
Foreign Adviser Md Touhid Hossain has reaffirmed the interim government's commitment to conducting an impartial and internationally credible investigation into the recent Bangladesh massacre and ensuring due judicial processes are followed, reports BSS.He made the remark while highlighting the events...
LITTLETON, Colorado, Aug 31 (Reuters): Global electricity generation from solar farms has exceeded generation from wind farms since May, marking the longest ever stretch when solar power has been the top source of utility-scale renewable electricity worldwide.Solar electricity generation exceeded...
Gold discounts in India widened this week to their highest in six weeks as a price rebound dampened purchases, while new import quotas failed to lift Chinese demand, reports Reuters.In India, the world's second-largest gold consumer, domestic prices were ruling...
HOUSTON, Aug 31 (Reuters): Oil prices retreated on Friday as investors weighed expectations of a rise in OPEC+ supply starting in October, alongside dwindling hopes of a hefty U.S. interest rate cut next month, following data showing strong consumer spending.Brent...
Maisha Zaahir | 2024-09-01 00:00:00
Every year Bangladeshi students, specially undergrad ones, consider the US, Canada, Australia, and the UK when planning for studying overseas. These countries are favoured for their well-regarded universities, established alumni, multicultural environments, and greater career prospects. However, globally an increasing...
Samin Shahan RahmanAt the age of just 16 years, Tamzid Rahman is making waves in social entrepreneurship with his innovative startup, Bloodlink. This peer-to-peer blood donation app, which connects donors and recipients free of charge, holds the promise to be...
Rounak Marium | 2024-09-01 00:00:00
Making a career change for many can be seen as tough or quite impossible, particularly when your educational background doesn't match your true passion. Nevertheless, today we have an incredible story to share. This is about a skilled programmer from...
RAJSHAHI, Aug 31 (BSS): Acidic soil management as per the land and soil resources application direction can be the crucial means of boosting crop yield through protecting soil health in the region, particularly the vast Barind tract.Soil management with liming...
FENI, Aug 30 (UNB): Residents of Feni, one of the most flood-affected districts in Bangladesh, are struggling to turn around after a devastating flood that left millions people in serious trouble.Recounting her suffering, Hasina, a resident of Alampur village of...
OUR CORRESPONDENT CHANDPUR, Aug 31: Haimchar is a small sub-district in Chandpur located just beside the turbulent Meghna river and home to a population of about 300 thousand (three lakh) in about 49 thousand families in six unions. Around 90...
LONDON, Aug 31 (AFP): Declan Rice was controversially sent off for the first time in the Premier League as Arsenal were held to a contentious 1-1 draw against Brighton on Saturday.Mikel Arteta's side were leading through Kai Havertz's first-half strike...
A big budget for a big stadium in Purbachal is not feasible at this moment, said Bangladesh Cricket Board (BCB) president Faruque Ahmed, reports BSS.The then BCB president Najmul Hassan Papon took the initiative of a big stadium with boat-shaped...
RAWALPINDI, Pakistan, Aug 31 (AFP): Off-spinner Mehidy Hasan Miraz grabbed five wickets to help Bangladesh skittle Pakistan for 274 on the second day of the second Test in Rawalpindi on Saturday.The 26-year-old recorded his 10th five-wicket haul in Tests to...
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