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Kataib Hezbollah commander killed in Iraq in US strike

2024-02-09 00:00:00

BAGHDAD, Feb 08 (Reuters): A commander from Kataib Hezbollah, an Iran-backed armed group in Iraq that the Pentagon has blamed for attacking its troops, was killed in a US strike on Wednesday, the US military said."(US) forces conducted a unilateral...

More talks planned

2024-02-09 00:00:00

GAZA, Feb 08 (Reuters/AFP): Mediators from the US, Qatar and Egypt scrambled to forge a ceasefire between Israel and Hamas in their four-month-old war in the Gaza Strip after America's top diplomat on a Middle East mission said there was...

NASA satellite blasts off to survey oceans, atmosphere

2024-02-09 00:00:00

CAPE CANAVERAL, Feb 08(AP): NASA's newest climate satellite rocketed into orbit Thursday to survey the world's oceans and atmosphere in never-before-seen detail.SpaceX launched the Pace satellite on its $948 million mission before dawn, with the Falcon rocket heading south over...

Two sentenced to life term for kidnapping SSC examinee in Natore

2024-02-09 00:00:00

NATORE, Feb 08 (UNB): A Natore court on Thursday sentenced two people to life imprisonment for kidnapping a Secondary School Certificate examinee in 2005.Natore Woman and Child Repression prevention Tribunal Judge Muhammad Abdur Rahim handed down the punishment.The court also...

Surge in accidents at unauthorised level crossings in Feni

2024-02-09 00:00:00

FENI, Feb 07 (UNB): In Feni, a concerning rise in accidents at railway tracks, especially at unauthorised level crossings, has led to eight fatalities and numerous injuries over the past four months. These incidents, often resulting from a combination of...

Cox's Bazar, Pirojpur road accidents kill four

2024-02-09 00:00:00

A total of four persons were killed in separate road accidents in Cox's Bazar and Pirojpur districts on Thursday, reports UNB.In Cox's Bazar, two people died and four others were injured in a head-on collision between a bus and a...

Three Upazila health complexes beset with manifold problems

OUR CORRESPONDENTS | 2024-02-09 00:00:00

Patients are not getting proper treatment in three upazila health complexes in three districts, including Narail, Sylhet and Habiganj, as the healthcare facilities are beset with manifold problems.A correspondent from Narail reports, although upgraded into a 50-bed hospital from a...

Sustainable actions needed to stop soil degradation

Zahidur Rahman | 2024-02-09 00:00:00

In the heart of Bangladesh's lush landscapes and fertile soils lies an escalating environmental crisis that imperils its agricultural foundation. As we delve into the intricate web of factors contributing to soil degradation, it becomes evident that urgent and sustainable...

The WTO MC13: what stakes for Bangladesh?

Mohammad A Razzaque, Mostafa Abid Khan, Md. Deen Islam, and Md. Hossain Uzzaman | 2024-02-09 00:00:00

The World Trade Organization (WTO)’s highest decision-making body, the Ministerial Conference, meets biennially with all members present. Decisions on multilateral trade agreements are made here. The 13th Ministerial Conference (MC13) is scheduled for 26-29 February 2024 in Abu Dhabi, the...

Upholding sanctity of Bangla

2024-02-09 00:00:00

There exists in the world only one language whose right to be spoken has been earned through blood, and that language is our mother tongue - Bangla. The Bangalees have demonstrated their willingness to sacrifice lives for preservation of their...

Don't step into Myanmar's trap

2024-02-09 00:00:00

We cannot predict how long the internal armed conflict in Myanmar will continue. Nevertheless, we must not permit anyone to breach our borders. We are steadfastly opposed to involvement in any war; we abhor war. Moreover, mortar fire from the...

Third Schedule and city corporations' inertia

Zahid Huq | 2024-02-09 00:00:00

Most residents of Dhaka city are unaware of the enormous duties and responsibilities that the City Corporation Act of 2009 has vested in two city corporations. There should be no genuine reason to blame them for not knowing those. Possibly,...

Resolving the cash incentive issue

2024-02-09 00:00:00

The recent central bank directive to slash cash incentives for exports has evoked strong reactions from businesses who consider the move detrimental. They are urging the government to restore the previous facilities. The country's apex chamber, FBCCI, conveyed its concerns...

German defence supplier Renk makes stock market return

2024-02-08 00:00:00

FRANKFURT, Germany, Feb 7 (AFP): German tank gearbox maker Renk returned to the Frankfurt Stock Exchange on Wednesday, highlighting growing investor appetite for the defence industry in the wake of Russia's war in Ukraine.Shares in the Augsburg-based company traded at...

Uber expects strong core profit as ride share

2024-02-08 00:00:00

NEW YORK, Feb 07 (Reuters): Uber Technologies forecast quarterly core profit and gross bookings above estimates and reported market-beating results for the holiday quarter on Wednesday, fueled by higher demand in its ride sharing and food delivery businesses.Uber, which posted...

Microsoft in talks to end trade body's cloud computing complaint

2024-02-08 00:00:00

BRUSSELS, Feb 07 (Reuters): Microsoft is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the US software giant's cloud computing licensing practices, the trade group said on Wednesday.Working the issue out bilaterally could...

Alibaba misses revenue estimates, boosts buyback by $25b

2024-02-08 00:00:00

SHANGHAI, Feb 07 (Reuters): China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world's second-largest.The company's US-listed shares, which announced an increase of $25...

Home loan service activities of BHBFC inaugurated

2024-02-08 00:00:00

Home loan service activities of Bangladesh House Building Finance Corporation (BHBFC) was inaugurated at the Integrated Government Office Building in Manikganj. BHBFC's Managing Director Md Abdul Mannan announced the opening of the organisation's activities in this new office building on...

BAT Bangladesh received certification from the Top Employers Institute

2024-02-08 00:00:00

For the fifth time, BAT Bangladesh received certification from the Top Employers Institute in both the Asia Pacific and global categories in 2024 for its best practices in talent attraction, development, well-being, and engagement. Top Employers Institute is an international...

Federal Insurance Company accorded a reception to Director Khadizatul Anwar Sony

2024-02-08 00:00:00

Federal Insurance Company accorded a reception to its Director Khadizatul Anwar Sony who was elected a member of parliament in the 12th national election, says a statement. Chairman of the company Enamul Hoq was present as the chief guest in...

Rupali Bank Employees Union CBA congratulated Textiles and Jute Minister Jahangir Kabir Nanak

2024-02-08 00:00:00

Rupali Bank Employees Union CBA congratulated Textiles and Jute Minister Jahangir Kabir Nanak at the Awami League party office in Dhanmondi recently. President of the newly elected committee of Rupali Bank CBA Md Ripon Mridha and General Secretary Golam Nabi...

Islamic banking, accounting courses begin

2024-02-08 00:00:00

The inaugural ceremony of 'Certified Islamic Professional Accountant' (CIPA) course and the 'Certificate Course on Islamic Banking & Finance (CIBF)' (9th phase) was held at the Central Shariah Board Training Institute in Dhaka recently, says a press release.The CIPA course...

Russia admits ‘problems’ with China payments

2024-02-08 00:00:00

MOSCOW, Feb 07 (AFP): The Kremlin on Wednesday acknowledged that Russian companies were having problems with Chinese banks after local media reported a major Chinese lender had blocked payment settlements with Russian firms.Beijing has become Moscow's crucial economic partner since...

Ford shares surge on dividend boost, lower EV spending

2024-02-08 00:00:00

Ford Motor, opens new tab shares surged 6 per cent in premarket trading on Wednesday after the automaker increased its dividend for the first quarter and decided to scale back investments in new capacity for loss-making electric vehicles (EV), reports...

NCC Bank launched women banking services 'NCC Parama'

2024-02-08 00:00:00

NCC Bank has recently launched its women banking services 'NCC Parama' with the payoff line "For Better You". Chairman of the bank Md Abul Bashar, Vice-Chairman Sohela Hossain and Managing Director and CEO (current charge) M Shamsul Arefin launched it...

Southeast Bank Training Institute organised an in-house conference

2024-02-08 00:00:00

Southeast Bank Training Institute organised an in-house conference titled 'Generative AI and its Application in Banking Industries'. Khondkar Atique-e-Rabbani, managing director of Computers Ltd, delivered a series of presentations on the topic, while Nuruddin Md Sadeque Hossain, managing director of...

Shahjalal Islami Bank appoints new leadership

FE DESK | 2024-02-08 00:00:00

Member of Parliament AK Azad was unanimously elected chairman of Shahjalal Islami Bank at its 373rd board meeting. Mohammed Younus and Mohiuddin Ahmed were also appointed vice-chairmen, according to a statement.Azad, a prominent industrialist, has a long entrepreneurial history in...

EBL gets bancassurance licence

FE DESK | 2024-02-08 00:00:00

Eastern Bank (EBL) obtained the licence from the Insurance Development and Regulatory Authority (IDRA) to start bancassurance business with MetLife and Green Delta Insurance Company Ltd, according to a statement. EBL is the first bank in Bangladesh to get a...

DSEX rises 7-month high, turnover exceeds Tk 17 billion

FE REPORT | 2024-02-08 00:00:00

The stock market managed to stay afloat for eight sessions in a row with turnover crossing Tk 17 billion on Wednesday, as buoyant investors put fresh bets on lucrative stocks.Following the recent market recovery, the Bangladesh Securities and Exchange Commission...

Merchant banks insist on pushing back time to fix negative equity

MOHAMMAD MUFAZZAL AND FARHAN FARDAUS | 2024-02-08 00:00:00

Merchant banks have been dealing with the hopeless case of negative equity since the 2010 market collapse and consider keeping the matter unsettled for at least another two years. The Bangladesh Merchant Bankers Association (BMBA) says the lenders of margin...