FE REPORT | 2024-08-27 00:00:00
Water levels receded on Monday in the south-east river basins but concern grew for a red alert issued in the Indian state of Tripura over heavy rainfall in the next two days.Meanwhile, the north-western regions are set to be flooded...
JUBAIR HASAN | 2024-08-27 00:00:00
Government securities (G-sec) become hotcakes to institutional and individual depositors as their investments in treasury bills and bonds increased manifold in recent times, in an unhappy coincidence with bank deposit squeeze.Bankers and officials say allured by a record rise in...
FE REPORT | 2024-08-27 00:00:00
Some 377 Ansar members have been held and whisked to jail after clashes with student-people vigilantes on Sunday night after government Secretariat gatecrash, witnesses and officials said.A Dhaka court Monday sent the auxiliary law-enforcers, including two female members, to jail...
SYFUL ISLAM | 2024-08-27 00:00:00
Arrangements were all set by the securities regulator under now-sacked Prof Shibli Rubayat to set a virtual booby trap on bourses in cahoots with a state telecommunications agency to gather information about online activities and voice-call records of stock-market investors,...
Md Tauhidul Alam | 2024-08-27 00:00:00
Through the war of independence, the people of Bangladesh sought to establish a country free from exploitation and deprivation, where every citizen would enjoy fair treatment and access to basic rights and benefits. It is deeply regrettable that even after...
The embankments along the Muhuri River in Feni district are in a state of disrepair, presenting a critical threat to the safety and livelihood of the residents in the surrounding areas. Despite the vital role these embankments play in flood...
In recent days, continuous heavy rainfall in India's Tripura state and Bangladesh's eastern regions has led to one of the most devastating floods in memory, affecting nearly 11 districts, with the people of Feni and Cumilla being hit the hardest....
Syed Fattahul Alim | 2024-08-27 00:00:00
The flash floods that struck the north-eastern and south-eastern districts of Bangladesh on August 20 shocked many and confused others about why those (floods) happened at all at a time when the interim government in the wake of a bloody...
Shamsul Huq Zahid | 2024-08-27 00:00:00
The number of delinquent borrowers who have ripped the country's private and public banks is unknown. Together, these plunderers have brought the banking industry to its knees. The interim government that assumed power following what many fondly describe as the...
In his inaugural address to the nation on Sunday last after taking over the responsibility of the chief adviser of the interim government, Dr Muhammad Yunus has firmly mentioned the preeminently historic mission he and his team of advisers have...
Muhammad Mahmood | 2024-08-27 00:00:00
I acknowledge that I have borrowed the first half of the title of this article from the Daily Telegraph (online) of India. It is not surprising that that Sheikh Hasina landed in India. During her 15-year rule, India has enjoyed...
PARIS, Aug 25 (BBC): Telegram chief executive Pavel Durov has been arrested by French police at an airport north of Paris.Mr Durov was detained after his private jet had landed at Le Bourget Airport, French media reported.According to officials the...
OTTAWA, Aug 25 (AFP): Canada's industrial relations board on Saturday ordered striking rail workers back on the job and imposed binding arbitration to settle labor disputes at two major freight carriers that threatened to upend the North American economy.Stoppages began...
BEIJING, Aug 25 (Reuters): Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said.The state-owned lender said its board had approved Chairman Ge Haijiao to serve as acting president, according to...
JACKSON HOLE, Aug 25 (Reuters): Brazil's central bank chief said on Saturday that discussing monetary policy transmission will become increasingly difficult without addressing fiscal issues, citing the growing burden of public debt driven by expanded government spending.Speaking at the Kansas...
SINGAPORE, Aug 25 (Reuters): Asian spot liquefied natural gas (LNG) prices eased last week from a more thaneight-month top on the back of easing spot demand and as European gas prices also fell.The average LNG price for October delivery into...
Sales of new US single-family homes rose to their highest level in more than a year in July as a drop in mortgage rates boosted demand, offering more evidence that the housing market is recovering, reports Reuters.New home sales jumped...
BANGKOK, Aug 25 (Reuters): Thailand's central bank will use a policy mix to address uneven recovery in Southeast Asian's second-largest economy, its governor said on Saturday.Interest rates alone cannot fix economic problems, Bank of Thailand Governor Sethaput Suthi-wartnarueput told a...
The 24th Annual General Meeting (AGM) of Pragati Life Insurance Limited was held virtually on Thursday. Director of the company Syed M. Altaf Hussain presided over the meeting. The shareholders unanimously approved 14 per cent cash dividend for the year...
FE REPORT | 2024-08-26 00:00:00
Mohammad Hatem, Managing Director of MB Knit Fashion Ltd., has succeeded Salim Osman as the President of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).Mr. Osman resigned from the post of President due to health issues, according to a statement...
Nagad, one of the country's leading mobile financial service providers, has introduced a specialised account as directed by the government, aiming to facilitate easy contribution to the state relief fund for flood victims.Unlimited donations can be made via this newly...
NRBC Bank donated Tk 10 million under its Corporate Social Responsi-bility, along with donation from Directors and other donation equivalent to one-day salary of all levels of employees for the flood-affected people, says a press release. Out of the amount,...
FE REPORT | 2024-08-26 00:00:00
The tax authority plans to eliminate human intervention in the auditing of taxpayers' files by implementing an automated scrutiny system soon, the revenue board chief said on Sunday. This decision came in response to complaints from the Federation of Bangladesh...
ICE cotton futures rose more than 2 per cent on Friday, hitting their highest level in a month, on lower US dollar and upbeat sentiment in wider financial and commodity markets, reports Reuters.Cotton contracts for December CTZ4 rose 1.74 cent,...
NEW YORK, Aug 25 (Reuters): Swiss chocolate maker Barry Callebaut said on Friday it had halted operations at one of its plants in Mexico after tests found that production at that site did not meet the company's quality standards.A spokesperson...
MADRID, Aug 25 (Reuters): Sunflower oil has dethroned olive oil as king of the kitchen in Spain, the world´s largest olive oil producer, as rising prices force consumers to switch to cheaper options.Spaniards bought 107 million litres (28.3 million gallons)...
SHANGHAI/Beijing, Aug 25 (Reuters): E-commerce retailer JD.com needs to convince investors of its relevance amid a stagnant Chinese e-commerce market, aggressive price war and now, the departure of Walmart, its biggest shareholder.Walmart announced this week a full exit from the...
The political unrest in Bangladesh has, temporarily, left the country crippled. Just when it seemed Bangladesh has slumped to their lowest point, cricket has given them something to cheer for, in fact, plenty. Although their cricket has not quite grown...
On the final day of the Rawalpindi Test, Shakib Al Hasan remarkably found his lost bowling rhythm, achieving a significant milestone as the Bangladeshi all-rounder is now the most successful left-arm spinner in the history of international cricket, report agencies.Shakib...
KARACHI, Aug 25 (Geo Tv): Cricket experts on Sunday dissected Pakistan's dismal performance against Bangladesh in the Test match that the hosts lost by 10 wickets.Bangladesh registered their first ever Test win over Pakistan in the series opener in Rawalpindi...
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