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Road accidents kill eight in four districts

2025-05-20 00:00:00

A total of six people killed in separate road accidents in Dinajpur, Magura, Habiganj and Gopalganj on Sunday and Monday, report agencies.In Dinajpur, three people were killed and five others injured in a head-on collision between a truck and a...

Sacrificial animals likely to fall short in Chattogram

OUR CORRESPONDENT | 2025-05-20 00:00:00

CHATTOGRAM, May 19: There might be a shortage of sacrificial animals for the upcoming Eid-ul-Azha in Chattogram as local farmers cannot reportedly meet the demand this year.Moreover, the import of sacrificial animals from India and Myanmar has come to a...

Mango harvesting begins in Rajshahi

OUR CORRESPONDENT | 2025-05-20 00:00:00

RAJSHAHI, May 19: Mango harvesting for the current season kicked off in Rajshahi on Thursday (May 15) following the calendar earlier introduced by the district administration. Until then the growers and traders were dissuaded from plucking and selling the fruit...

NEWS IN BRIEF 2025-05-20

2025-05-20 00:00:00

Russia outlaws Amnesty International as'undesirable organisation'MOSCOW, May 19: Russia on Monday labelled Amnesty International an "undesirable organisation", banning the rights group's activities and accusing it of being a hub of "Russophobia" and of supporting Ukraine. "The London headquarters of Amnesty...

Denmark in 'frank' talks with China over backing Russia

2025-05-20 00:00:00

BEIJING, May 19 (AFP): Denmark's foreign minister said Monday he had a "frank talk" with his Chinese counterpart about Beijing's "deeply problematic" support for Russia and its war in Ukraine."I had a frank talk with my Chinese colleague about, among...

Warsaw mayor wins round one of Polish presidential election

2025-05-20 00:00:00

WARSAW, May 19 (AFP): Pro-EU Warsaw mayor Rafal Trzaskowski scored a narrow win in round one of Poland's presidential election but faces an uphill struggle after right-wing and far-right candidates won a majority of votes, analysts said on Monday.Trzaskowski, who...

Iran summons British envoy over arrests in UK

2025-05-20 00:00:00

TEHRAN, May 19 (BBC): Iran summoned a British envoy in Tehran over the arrest of several of its nationals in the UK, including three who have been charged with spying, Iranian state media has reported.The IRNA news agency said the...

Spring heat breaks records in Central Asia

2025-05-20 00:00:00

BISHKEK, May 19 (AFP): Central Asia has been in the grip of a heatwave this spring, with all five countries reporting abnormally high-and in some cases record-breaking-temperatures over the past three months.The five ex-Soviet states that make up the region...

Israeli strikes on Gaza kill 52

2025-05-20 00:00:00

GAZA CITY, May 19 (AFP): Gaza's civil defence agency said Israeli attacks on Monday killed at least 52 people, as the military pressed a newly intensified campaign in the war-ravaged territory."The Israeli bombardment on Gaza has continued since midnight and...

Adidas, Puma family feud to be turned into TV series

2025-05-20 00:00:00

CANNES, May 19 (AFP): The bitter brotherly feud that sparked the creation of sports-shoe brands Adidas and Puma in the same small German town in the 1940s is to be turned into a television series with the help of family...

Indonesia palm oil group GAPKI urges govt to delay levy hike

2025-05-20 00:00:00

JAKARTA, May 19 (Reuters): The Indonesia Palm Oil Association, GAPKI, on Friday urged the government to delay a planned hike in the palm oil export levy, warning it could harm competitiveness amid global trade uncertainties due to the US tariffs...

WB announces plans to restart Syria operations

2025-05-20 00:00:00

WASHINGTON, May 19 (AFP): The World Bank (WB) has said it would restart operations in Syria following a 14-year pause, after Saudi Arabia and Qatar had paid off the country's outstanding debts.The Bank's operations in Syria were halted when the...

US consumer sentiment slumps, households brace for inflation surge

2025-05-20 00:00:00

WASHINGTON, May 19 (Reuters): US consumer sentiment deteriorated further in May, with one-year inflation expectations soaring to levels last seen in late 1981 amid escalating fears over the economic impact of President Donald Trump's trade policy.The University of Michigan's Surveys...

Qatar Airways posts record $2b profit

2025-05-20 00:00:00

DOHA, May 19 (AFP): Qatar Airways posted a 28 per cent jump in annual net profit to a record $2.15 billion on Monday."These record-breaking results are a testament to the hard work, skill and dedication of teams across all of...

Midland Bank Signs MoU with Pension Authority

2025-05-20 00:00:00

Midland Bank PLC signed a Memorandum of Understanding (MoU) with the National Pension Authority to support the implementation of the Government's Universal Pension Scheme. The signing ceremony was held at in the conference room of the Finance Division at the...

Premier Bank signs MoU with Pension Authority

2025-05-20 00:00:00

The Premier Bank PLC and National Pension Authority has signed a MoU at the Ministry of Finance for registration of Universal Pension Schemes and collection of subscription fees. Mohammad Abu Jafar, Managing Director & CEO, the Premier Bank, and Md...

MERCANTILE BANK RELOCATES 'HEMAYETPUR BRANCH'

2025-05-20 00:00:00

The 'Hemayetpur Branch' of Mercantile Bank PLC was shifted to a new location on Sunday to provide developed banking services in spacious arrangement. Mati Ul Hasan, Managing Director of the bank, virtually inaugurated the branch by cutting a ribbon at...

UCB signs MoU with Ctg City Corporation for development of playground and park

2025-05-20 00:00:00

With a commitment to a greener Chattogram, United Commercial Bank PLC (UCB) signed a Memorandum of Understanding (MoU) with Chattogram City Corporation (CCC) on Sunday. Under this agreement, the abandoned playground adjacent to the Karnaphuli Shishu Park in Agrabad will...

Walton Brand launched in Sri Lanka

2025-05-20 00:00:00

Global electronics brand Walton has officially launched its business operation in Sri Lanka -- another milestone towards becoming one of the top global electronics brands.Monik Trading Private Limited, a renowned Sri Lankan firm and Walton Brand's distributor, hosted the launching...

Push for more renewable energy use in RMG sector

FE REPORT | 2025-05-20 00:00:00

Achieving energy efficiency through the increased use of renewable sources is vital for the country's readymade garment (RMG) sector to make it more competitive in the international market, speakers at an industry consultation workshop said on Monday.To this end, establishing...

EBL partners with DEG and JIM to enhance climate risk assessment capabilities

2025-05-20 00:00:00

Eastern Bank has signed a Technical Assistance (TA) Framework Agreement with DEG Impulse, a wholly owned subsidiary of DEG, and the Joint Impact Model (JIM) Foundation to bolster its capacity in assessing, measuring, and managing climate-related financial risks.The agreement was...

New policy formulated for TCB dealers

FE REPORT | 2025-05-20 00:00:00

The government on Monday unveiled a new policy for appointing dealers for TCB open market sales to ensure greater transparency in the appointment of dealers and enhance their accountability.The document titled "Dealer Appointment and Management Policy 2025" for the Trading...

Gold prices rebound on dollar weakness

2025-05-20 00:00:00

Gold prices rose more than 1 per cent on Monday, helped by a weaker dollar and safe-haven demand after Moody's downgraded the US government's credit rating amid lingering trade concerns, reports Reuters.Spot gold gained 1.1 per cent to $3,239.23 an...

PPP Authority holds training programme to strengthen public sector capacity

2025-05-20 00:00:00

The Public-Private Partnership Authority (PPPA) has successfully organised a two-day basic training programme, aimed at enhancing institutional understanding of PPP frameworks among key stakeholders from various government ministries and divisions.Muhammad Rafiqul Islam, Secretary and CEO of the PPP Authority, was...

Oil edges lower as US and China growth concerns weigh

2025-05-20 00:00:00

LONDON, May 19 (Reuters): Oil inched lower on Monday, weighed down by Moody's downgrade of the US sovereign credit rating and official data that showed slowing growth in China's industrial output and retail sales.Both developments raised concerns over the outlook...

Nvidia plans to sell tech to speed AI chip communication

2025-05-20 00:00:00

TAIPEI, May 19 (Reuters): Nvidia said on Monday it plans to sell a technology to others that will tie chips together in order to speed up the chip-to-chip communication needed to build and deploy artificial intelligence tools.Nvidia launched a new...

Canada pauses some counter tariffs against US

2025-05-20 00:00:00

OTTAWA, May 19 (AFP): Canada has temporarily paused some counter tariffs against the United States, but Finance Minister Francois-Philippe Champagne on Sunday pushed back against claims they have all been quietly lifted.This came as Prime Minister Mark Carney and US...

Thailand, Indonesia announce strategic partnership, vow to boost economic tie

2025-05-20 00:00:00

BANGKOK, May 19 (AP): Indonesia and Thailand agreed Monday to elevate their relationship to a strategic partnership, during the first state visit by an Indonesian president in 20 years and agreed to push for greater trade and investment.President Prabowo Subianto,...

Jamuna Tyre and Rubber Industry officially launched

2025-05-20 00:00:00

Jamuna Tyre and Rubber Industry officially launched it commercial operation recently.

Bangladesh Commerce Bank training on 'Foreign Exchange Regulations'

2025-05-20 00:00:00

Bangladesh Commerce Bank Training Institute organised a 5-day training programme on 'Foreign Exchange Regulations, International Trade Finance & Foreign Exchange'. Md. Ataur Rahman, Chairman, Board of Directors, was present as the chief guest at the inaugural ceremony on Sunday. Mohammad...