Recently, an inter-university cricket competition was held at Rajshahi University. The final match took place between the Rajshahi University and the University of Dhaka at Sheikh Kamal Stadium of the former on February 12, 2024. However, during the game, unexpected...
In today's world, gender equality has made significant strides, enabling women to actively participate alongside men in different areas of daily life. However, in Bangladesh, women working alongside male colleagues often face significant challenges due to frequent instances of harassment,...
Syeda Nafisa Anjum and Yeashfa Haque | 2024-02-14 00:00:00
Hundi, is an informal channel of international money transfer, operating independently of the conventional banking system. The process involves Bangladeshi individuals transferring taka to a local hundiwala, who in return deposits equivalent foreign currency in the accounts held by that...
Wasi Ahmed | 2024-02-14 00:00:00
In Bangladesh's business landscape, a recurring impediment looms large: inadequate infrastructure. Often attributed to necessitating government intervention for facilitation, the pivotal role of infrastructure cannot be overstated.Putting in place the required infrastructure is both time-consuming and costly. Successive governments resorted...
From the recent media reports, it appears, the government's pre-Ramadan move to arrest further hike in prices of key essentials through drastic cuts on import duty and Value-Added Tax (VAT) have left no visible impact on the market. What shocked...
M Rokonuzzaman | 2024-02-14 00:00:00
Among the purposes of education, jobs, and economic growth are at the top. The higher the education, the more the job prospects, the better the salary. Yes, this correlation has been true in advanced countries. Hence, less developed countries' individuals,...
The annual branch managers' conference of South Asia Insurance Company was held at a city hotel recently. Managing Director of the company Muhammad Nurul Alam Chowdhury presided over the conference while Deputy Managing Director and Head of Branch Control Department...
QUETTA, Feb 12 (AP): Thousands of supporters of Pakistan's imprisoned former Prime Minister Imran Khan and members of other political parties blocked key highways and started a daylong strike in the volatile southwest Monday to protest alleged rigging of last...
Afsan Chowdhury | 2024-02-13 12:00:00
The media report quoted below says it all. "By the end of 2022 Bangladesh had nearly 800,000 unemployed university graduates, according to the Bangladesh Bureau of Statistics (BBS). This unemployment rate was 12 per cent (tertiary), highest among all levels...
LONDON, Feb 12 (Reuters): Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is "fully behind" a recently devised strategy to re-invigorate the company, even as some other investors remain sceptical after years of industry underperformance.Schumacher told...
DHAHRAN, SAUDI ARABIA, Feb 12 (Reuters): Saudi Arabia decided to halt its oil capacity expansion plans because of the energy transition, its energy minister said on Monday, adding that the kingdom has plenty of spare capacity to cushion the oil...
Feb 12 (Reuters): India's market regulator is increasing scrutiny of issue documents filed by companies going public, four sources said on Monday, amid a rise in initial public offerings in the Indian market.The country's surging stock market has prompted nearly...
RIYADH, Feb 12 (Arab News): Saudi Arabia's Islamic Development Bank is set to provide a financing framework for Azerbaijan through a new agreement. The IsDB and the country's Ministry of Economy signed a memorandum of understanding to establish a cooperative...
LONDON, Feb 12 (Reuters): Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial intelligence (AI).Announcing the funding on Monday, the tech giant said it had opened applications for social enterprises and nonprofits...
LONDON, Feb 12 (Reuters): Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is "fully behind" a recently devised strategy to re-invigorate the company, even as some other investors remain sceptical after years of industry underperformance.Schumacher told...
Mutual Trust Bank (MTB) and UCB Fintech Company (Upay) marked a significant milestone on January 30 with the signing of a remittance disbursement agreement. The ceremony took place at the corporate head office of MTB. Md. Shafquat Hossain, deputy managing...
Sonali Bank signed an agreement with Southeast Bank to collect chalan, utility bill, pension scheme installments and various charge/fees from Southeast Bank customers through mobile financial service 'Telecash' and internet banking portal by using 'Sonali Payment Gateway' service. The signing...
With a view to preventing abuse of Mobile Financial Services (MFS), bKash in collaboration with Mymensingh Range Police, recently organised a day-long workshop to raise awareness. 70 Investigation Officers of Mymensingh Range Police participated in the workshop titled "Investigation and...
The Dhaka Mercantile Co-operative Bank Limited (DMCB) has recently opened its 143rd branch at Mandal Plaza in Pirganj, Rangpur. Chief Advisor of DMCB Group Captain (Retd) Abu Zafar Chowdhury presided over the inaugural function. DMCB directors, advisors and senior officials,...
The annual business conference for the Corporate Branches and Dhaka South Region of National Bank Limited was held at its training institute on Sunday. Dr Syed Ferhat Anwar, chairman of the bank, inaugurated the conference as the chief guest. Md...
BASIC Bank Limited organised its 'Managers' Conference- 2024' at BCS Administration Academy Auditorium at Shahbagh in the city on Saturday. Prof Dr Abul Hashem, chairman of the bank, inaugurated the conference as the chief guest while Md Anisur Rahman, Managing...
Huawei has received the Energy Globe World Award, one of the most prestigious environmental awards in the world, aimed at recognising projects focused on energy efficiency, sustainability, and the use of renewable energy sources, said a press release. It is...
The Bangladesh Recon-ditioned Vehicles Importers and Dealers Association (BARVIDA) has sought 50 per cent depreciation facility on import of reconditioned cars, reports BSS.Currently, the depreciation rate on reconditioned vehicles is 30 per cent.The association today made the demand at the...
FE REPORT | 2024-02-13 00:00:00
Stocks' 10-day rally came to an end on Monday as the risk-averse investors preferred to bag profit on quick-gaining shares. The market opened on a positive note, gaining 26 points within the first 20 minutes of the session. But profit-booking...
BABUL BARMAN AND FARAN FARDAUS | 2024-02-13 00:00:00
The struggling Emerald Oil Industries' ambitious plan to bring in a foreign investment of Tk 4 billion by selling its shares or placing a lien against them seems elusive as the data does not add up. Minori Bangladesh recently claimed...
MOSCOW, Feb 12 (AFP): Russian exports to Europe dropped by more than two-thirds in 2023, as the EU drastically cut its purchases of Russian oil and gas, Russia's customs agency said Monday.EU countries have halted the vast majority of their...
PARIS, Feb 12 (Reuters): The French government said on Monday it was halting for the rest of this year a programme to subsidise low earners leasing an electric car, after demand far exceeded initial plans.Under the programme, people on less...
NEW DELHI, Feb 12 (Reuters): Indian police on Monday blocked roads to halt farmers who were marching to New Delhi to press for the better crop prices promised to them in 2021 when thousands of growers camped out on major...
DUBAI, Feb 12 (Arab News): During the annual Arab Fiscal Forum in Dubai, Egyptian Finance Minister Mohamed Maait emphasised his country's dedication to enhancing cooperation with the UAE in taxation, economy, finance, and investment areas.Maait told Emirates News Agency, also...
Al-Arafah Islami Bank (AIB) PLC. has opened its 216th branch at Gobindaganj in Chhatak Upazila of Sunamganj on Monday. Managing Director and CEO of the bank Farman R. Chowdhury inaugurated the new branch as the chief guest. Sylhet Zonal Head...
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