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Premier Bank donates Tk 10m for flood victims

2024-08-30 00:00:00

Premier Bank, with participation from its employees, has donated Tk 10 million to the chief adviser's Relief and Welfare Fund formed to assist the victims of severe floods in various districts of Bangladesh. This assistance to the flood victims reflects...

MTB COLLABORATES WITH BDRCS TO HELP THE FLOOD-AFFECTED

2024-08-30 00:00:00

Mutual Trust Bank (MTB), as a part of its proactive emergency response towards the underprivileged community, has recently collaborated with Bangladesh Red Crescent Society (BDRCS) to help flood-affected people in the eastern part of the country. With the situation worsening...

SOCIAL ISLAMI BANK FORMS NEW BOARD

2024-08-30 00:00:00

Social Islami Bank recently formed a new board and its first meeting was held on Wednesday at the bank's head office to safeguard depositors' interest and ensure good governance. Dr. M. Sadiqul Islam, professor of the Department of Finance at...

President urges Kuwait to recruit more manpower from BD

2024-08-30 00:00:00

President Mohammed Shahabuddin urged Kuwait to take more skilled and semi-skilled manpower from Bangladesh, reports UNB.He made the call when Kuwaiti Ambassador in Bangladesh Faisal Mutlaq H Al Adwani met the President at Bangabhaban on Thursday.During the meeting, the President...

What does DSE's abnormally high P/E ratio tell us about stocks?

FE REPORT | 2024-08-30 00:00:00

The ceramic sector has the highest P/E (price earnings) ratio among all sectors listed on the bourses, with latest financial results and stock prices taken into consideration.The P/E ratio, which measures stock price relative to earnings per share (EPS), is...

BO accounts of 5 ex cabinet members to be frozen

FE REPORT | 2024-08-30 00:00:00

The securities regulator has ordered freezing of BO (beneficiary owner's) accounts of five former cabinet members, a lawmaker and their family members.The individuals, whose BO accounts will be frozen, include former home minister Asaduzzaman Khan Kamal, his wife Lutful Tahmina...

Stocks exuberant as liquidity worries ease

FE REPORT | 2024-08-30 00:00:00

Stocks moved up on Thursday, with the prime index of the Dhaka bourse crossing the 5,800 mark after two weeks, despite the removal of all special measures to control price movement. The Bangladesh Securities and Exchange Commission (BSEC) changed the...

Weather (2024-08-30)

2024-08-30 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Rangpur, Mymensingh, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the Met Office.It...

Join office by Sept 1 or face action

2024-08-30 00:00:00

Newly-appointed Vice-Chancellor (VC) of National University (NU) Professor ASM Amanullah has ordered the teachers, officers and employees of the university and all its affiliated colleges and institutions to be present at their respective workplaces by September 01, reports UNB.Departmental action...

ICOM calls for protecting BD's cultural heritage

2024-08-30 00:00:00

International Council of Museums (ICOM) has expressed deep concern over the ongoing crisis in Bangladesh, which has led to the destruction of invaluable cultural heritage sites and museums, reports UNB.Reports from ICOM-Bangladesh of arson, vandalism, and deliberate damage to significant...

UK gives addl £450,000 for flood-hit people

2024-08-30 00:00:00

The UK government is providing an additional £450,000 of vital humanitarian assistance to support more than 36,000 people affected by flooding in eastern Bangladesh, where five million people have been impacted, reports UNB. This builds on the £33,000 of initial...

Case filed with ICT against Hasina, 29 journalists

FE REPORT | 2024-08-30 00:00:00

A new complaint has been filed with the investigation agency of the International Crimes Tribunal (ICT) against ousted Prime Minister Sheikh Hasina, 29 senior journalists and 22 other individuals on charge of committing crimes against humanity and genocide during the...

‘Over 1,000 killed during protests, over 400 blinded’

2024-08-30 00:00:00

More than 1,000 people have been killed during the protests by the Anti-discrimination Student Movement while over 400 have been blinded by police fire, reports bdnews24.com.Health Adviser Nurjahan Begum made the statement during a visit to the Central Police Hospital...

Shujan places set of proposals for electoral reform

FE REPORT | 2024-08-30 00:00:00

Democratic exercises within political parties are a must to ensure political good will and educate voters for making elections meaningful in Bangladesh.It is also vital to do major reforms in election and government systems, including bicameralism, setting a minimum percentage...

Chief Adviser Dr Muhammad Yunus showing the document

2024-08-30 00:00:00

Chief Adviser Dr Muhammad Yunus showing the document after signing the Instrument of Accession to the International Convention for the Protection of All Persons from enforced disappearances at the state guest house Jamuna in the capital on Thursday. — PID

G M Quader meets acting Australian envoy

2024-08-30 00:00:00

Jatiya Party (JP) Chairman Ghulam Muhamed Quader has met Acting Australian High Commissioner Nardia Simpson at her Gulshan residence in the capital on Thursday, reports BSS.In the meeting held in between 12:20 pm and 2:20 pm, they discussed the current...

Arson done, as Gazi was AL MP: Joy

2024-08-30 00:00:00

Son of former prime minister Sheikh Hasina, Sajeeb Wazed Joy, has alleged that BNP cadres torched Gazi Tyre factory and all such crimes are going on with complete impunity, reports UNB."BNP cadres torched it. Nobody brought to book; all these...

Abbas acquitted in two cases

2024-08-30 00:00:00

BNP Standing Committee Member Mirza Abbas was acquitted in two separate cases filed by the Anti-Corruption Commission (ACC), while he and his wife were discharged in another case, report agencies.ACC Public Prosecutor Mir Ahmed Ali Salam filed an application on...

Hearing on Yunus' leave to appeal Monday

2024-08-30 00:00:00

The Supreme Court (SC) has fixed Monday for hearing the leave-to-appeal of Grameen Telecom officials including Nobel Laureate Dr Muhammad Yunus, against a High Court (HC) order rejecting the application seeking cancellation of the money laundering case against them, reports...

Tipu Munshi on four-day remand

2024-08-30 00:00:00

A Dhaka court have placed former commerce minister Tipu Munshi on a four-day remand in a case lodged over the murder of Sumon Shikder (31) in the capital's Badda area during the recent anti-discrimination students movement, reports BSS.Dhaka Metropolitan Magistrate...

Russian envoy discusses polls, bilateral ties with Fakhrul

2024-08-30 00:00:00

Russian Ambassador to Bangladesh Alexander Vikentyevich Mantytskiy has met BNP Secretary General Mirza Fakhrul Islam Alamgir and discussed the country's latest situation, next general election, trade, investment and the potential areas for cooperation between the two friendly nations, reports UNB.An...

Opportunity has come to establish democracy, says Dr Kamal

2024-08-30 00:00:00

Two factions of Gonoforum are set to be reunited after four years, reports UNB.The party was founded by Dr Kamal Hossain in the 1990s."We'll organise the national council of the 'reunited Gonoforum' very soon," said Advocate Subrata Chowdhury, general secretary...

3,304 looted arms recovered till Aug 29

2024-08-30 00:00:00

Law enforcers have recovered 3,304 arms looted in recent times from police stations, police lines, police outposts and other places, till August 29 (Thursday), reports UNB.Police headquarters shared this information this afternoon.Moreover, a total of 2,50,974 rounds of bullets, 21,595...

Mexican central bank downgrades growth forecast to 1.5%

2024-08-30 00:00:00

MEXICO CITY, Aug 29 (AFP) : Mexico's economic growth is expected to slow to 1.5 percent this year amid an uncertain global outlook, the central bank said Wednesday, downgrading its forecasts for Latin America's second-largest economy."External demand will continue making...

Transplanted Aman seedlings

2024-08-30 00:00:00

Transplanted Aman seedlings have sustained injuries due to the recent flash flood, compounded by days of driving rain, in the country's south-eastern region. The snap was shot from Gumai beel, known as a granary of Chattogram, on Thursday.  — Focus...

8 ministers, 6 MPs barred from leaving country

FE REPORT | 2024-08-30 00:00:00

Eight former ministers and six members of parliament from the ousted Awami League government have been prohibited from leaving the country following a mass uprising by students and the public.The order was issued by Dhaka Metropolitan Sessions Judge As-Sams Jaglul...

Upward trend in remittance inflow

2024-08-30 00:00:00

Bangladesh is showing an upward trend again in remittance sent by expatriates and exceeded US$ 2 billion in 28 days of August, reports UNB.According to Bangladesh Bank's updated report on remittance as of August 28, expatriate Bangladeshis sent $2.07 billion...

Prof Yunus seeks Swiss support to bring back money

2024-08-30 00:00:00

Interim government Chief Adviser Professor Muhammad Yunus on Thursday sought cooperation from Switzerland to bring back money stolen from Bangladesh, reports UNB.Professor Muhammad Yunus raised the issue when Ambassador of Switzerland Reto Renggli paid a courtesy call to him at...

Black money whitening at 15pc tax blocked

DOULOT AKTER MALA | 2024-08-30 00:00:00

Blocked now is the window of opportunity for whitening 'black money' by paying 15-percent tax at a flat rate, following widespread contentions over the scheme.The interim government, which replaced the immediate-past regime following a student-mass uprising, made the decision Thursday...

Bangladesh needs to rewrite constitution: Ali Riaz

FE REPORT | 2024-08-30 00:00:00

Bangladesh needs to rewrite its constitution to streamline its institutions and ensure the continuation of its path towards democracy, said Ali Riaz, a distinguished professor in the Department of Politics and Government at Illinois State University in the USA, on...