Discard rental, inefficient power plants, repeal indemnity act

Those quick-rental and inefficient power plants that are not yet on existing 'phase-out' list should be discarded by 2025 and the indemnity act be repealed to heal Bangladesh's energy woes. Independent think-tank Centre for Policy Dialogue recommended Wednesday and experts...

Weather (2024-02-15)

Weather may remain mainly dry with partly cloudy sky elsewhere over the countryuntil 06:00 pm today (Thursday), according to the Met Office.Night temperature may rise by (1-2)°C over the country. Day temperature may fall by (1-2)°C over Rangpur and Rajshahi...

Fully paid scholarship schemes to study in India announced

'Suborno Jayanti Scholarship' and 'Lata Mangeshkar Dance and Music Scholarship' under the ICCR scholarship scheme for the 2024-25 academic year have been announced for benefits of meritorious Bangladeshi nationals.Those who want to pursue various courses in Indian public universities or...

‘No plan to change new edn system’

Education Minister Mohibul Hasan Chowdhury has said there is no plan to change the new education system, reports UNB. "But discussion is going on with education experts to implement the new system more effectively," he told parliament while responding to...

330 Myanmar officials to be sent back today

A total of 330 members of Myanmar security forces and others, who have taken shelter in Bangladesh amid conflict between Myanmar military and armed rebel group there, will be sent back to their country by a ship today (Thursday), report...

Novel 'Chaashabhusar Sontan' by Mohammad Mufazzal unveiled

A novel titled 'Chaashabhushar Sontan' (Offspring of Farmers and Labourers) authored by writer Mohammad Mufazzal was officially released on Wednesday at the Amar Ekushey Book Fair.Eminent writer Prof Dr Muhammad Zafar Iqbal unwrapped the cover of the book at the...

Journalism profession should have some accountabilities

State Minister of Information and Broadcasting Mohammad Ali Arafat has said journalism profession should have some accountabilities for checking misinformation.He said, "The main task of the mass media and journalism is to make the government accountable and to find out...

RAB helds ARSA '2nd-in-command'

COX'S BAZAR, Feb 14 (UNB): Members of Rapid Action Battalion (RAB) arrested three members of Arakan Rohingya Salvation Army (ARSA) including its second-in-command from a Rohingya refugee camp in Ukhiya upazila of Cox's Bazar on Tuesday midnight.The arrestees are its...

Bangladesh is well aware of evolving geopolitical situation: Hasan

Foreign minister Dr Hasan Mahmud on Wednesday said Bangladesh government is well aware of the evolving geopolitical scenario in the region and is taking prudent steps in this regard, reports BSS."This evolving geopolitical scenario has created both opportunities and challenges...

Surging attacks on opponents will lead to dire consequences

The Bangladesh Nationalist Party (BNP) said on Wednesday that the country is moving towards a dire consequence due to escalating attacks on the opponents by the ruling party men.Senior Joint Secretary General of BNP Ruhul Kabir Rizvi made the comment...

Bangladeshi women are now empowered: PM

Prime Minister Sheikh Hasina on Wednesday said more than 1550 women seeking to enter the parliament in reserve seats reflect that women's awakening has occurred in Bangladesh, reports UNB."When we see 1,553 women are hopefuls for only 48 reserved seats...

Coal India to add new mines, expand existing ones to meet higher demand

SINGAPORE, Feb 14 (Reuters): State-run Coal India plans to start operations at five new mines and expand capacity of at least 16 existing ones to address growing demand for the fuel, its chairman told Reuters on Wednesday.India has increasingly relied...

EBL cardholders can now enjoy special benefits at Aster Pharmacy

Eastern Bank (EBL) cardholders can now enjoy special benefits at Aster Pharmacy, Bangladesh's first international pharmacy chain and a GD Assist franchise. A recent agreement in Dhaka formalised the partnership, signed by M Khorshed Anowar, EBL's deputy managing director and...

Sheltech Brokerage named the Dhaka Stock Exchange's top brokerage house

Sheltech Brokerage Limited was named the Dhaka Stock Exchange's (DSE) top brokerage house for transactions in 2023. CEO Md Mesbah Uddin Khan received the 'DBA Stock Brokers Performance Award-2023' from State Minister for Commerce Ahsanul Islam Tito at a ceremony...

BKTTC partnered with Islami Bank Bangladesh to hold discussion

The Bangladesh Korea Technical Training Center (BKTTC) partnered with Islami Bank Bangladesh to hold a discussion at the centre's auditorium on Tuesday on legal remittance channels for outgoing expatriates. Engineer Md Lutfur Rahaman, BKTTC principal, presided over the programme. Miftah...

Uber unveils $7b share buyback after first profitable year

Uber Technologies said on Wednesday it will buy back up to $7 billion worth of company shares after a strong recovery in ride-share and healthy demand at its food delivery business, reports Reuters.The company's shares rose more than 5 per...

Aamra Networks to provide rights issue at 1R:2 ratio

The stock market regulator has accepted Aamra Networks' proposal to raise nearly Tk 930 million by issuing rights shares for network expansion and loan repayment.As per the regulatory approval given at a meeting on Wednesday, the company will issue one...

BSEC approves qualified offer of Craftsman Footwear

The stock market regulator has allowed Craftsman Footwear and Accessories, a SME company, to raise Tk 50 million through a qualified investors offer (QIO).The export-oriented shoemaker will issue 5 million ordinary shares at a face value of Tk 10 each...

Regulator to list meeting facilitators to stop tampering with outcome

The stock market watchdog has decided to make a list of facilitators to help organise annual general meetings (AGM) and extraordinary general meetings (EGMs) with transparency -- offline and online.Publicly-listed companies in the country are required to conduct AGMs and...

German investment in China rises to record high

BERLIN, Feb 14 (Reuters): German direct investment in China rose by 4.3 per cent to a record high of 11.9 billion euros ($12.7 billion) last year and also increased as a share of the country's overall investment abroad, official Bundesbank...

Sony hikes profit forecast but says PS5 sales to slow

TOKYO, Feb 14 (AFP): Japan's Sony upgraded its annual net profit forecast on Wednesday but trimmed its PlayStation 5 unit's sales target, with the flagship console currently in its fourth year on the market.The conglomerate now predicts a full-year net...

UK inflation holds at 4.0pc in January

LONDON, Feb 14 (AFP): Britain's annual inflation rate remained unchanged in January from the previous month, confounding expectations for an acceleration, official data showed on Wednesday.The Consumer Prices Index (CPI) stood at 4.0 per cent last month, the Office for...

India, UAE sign deal on trade corridor

DUBAI/NEW DELHI, Feb 14 (Reuters): India and the United Arab Emirates on Tuesday signed an agreement on a trade corridor that aims to connect Europe with India through parts of the Middle East by sea and rail, an ambitious plan...

GREEN DELTA INKS DEAL WITH WAADAA INSURE

Green Delta Insurance has signed an agreement with Waadaa Insure on Tuesday. Under the agreement, Green Delta's retail insurance products will be offered to the customers of Waadaa Insure platform. The products include micro health insurance, accidental insurance, travel insurance...

Trust Bank signed agreement with bKash

Trust Bank has recently signed an agreement with bKash Ltd. on the use of Trust Bank Corporate Payment portal for online payment solution. The Payment portal offers integrated services that enable users to execute banking transactions more efficiently. After performing...

MCCI organised Quarterly Luncheon Meeting

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) organised its Quarterly (Jan-March 2024) Luncheon Meeting at its Motijheel office in Dhaka on Wednesday. State Minister for Commerce Ahsanul Islam Titu was present as the chief guest. Representatives from various...

Nokia unveils AI assistant

NEW YORK, Feb 14 (Reuters): Technology company Nokia on Wednesday unveiled an AI-powered tool that generates messages for industrial workers, including warnings about faulty machinery based on real-time data and recommended ways to boost factory output.The tool, "MX Workmate", will...

Special sales drive for 10m families begins tomorrow

The government is set to launch a month-long sales drive of essential items for around 10 million low-income families countrywide tomorrow (Thursday) ahead of the upcoming fasting month of Ramadan, sources said.Currently, the state-run trading enterprise, Trading Corporation of Bangladesh...

Northern dists to go without gas for three days

The Pashchimanchal Gas Company Limited (PGCL), will suspend gas supply to four districts in northern Bangladesh for a total of 60 hours, reports bdnews24.com.The supply will be closed today (Thursday) from 8:00 pm for pipeline repairs, the company said in...

Monirul Hoque re-elected Nitol Ins chairman

A K M Monirul Hoque has been unanimously re-elected the chairman of Nitol Insurance Company Limited at the 171st Board Meeting of the company held recently, says a statement. Zobair Humayun Khandaker was also re-elected the vice-chairman of the company.Monirul...