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EBL, Metrocem sign payroll banking agreement

2023-12-23 00:00:00

M. Khorshed Anowar, DMD and Head of Retail and SME Banking of Eastern Bank PLC.( EBL) and Md. Shahidullah, Managing Director, Metrocem Group, signed a payroll banking agreement at the bank's head office in Dhaka recently. Under the agreement, employees...

Biman to operate Dhaka-Rome flight from Mar 2024

2023-12-23 00:00:00

Biman Managing Director and CEO Shafiul Azim on Thursday said Biman Bangladesh Airlines would start operating Dhaka-Rome flights from March next year, reports BSS.He revealed this information at the ATJFB dialogue, organised by the Aviation and Tourism Journalist Forum of...

BD's credit rating to be stable: Moody's forecast

2023-12-23 00:00:00

Moody's Investors Service has forecast Bangladesh's credit rating and the country's long-term outlook to be stable, reports UNB.The rating indicates that the global rating agency does not anticipate any significant changes in the economy's creditworthiness or its ability to meet...

Social Islami Bank donates Tk 7.5m to Proyash

2023-12-23 00:00:00

Social Islami Bank donated Tk 7.5 million (75 lakh) to Proyash, an institute of special education run by Bangladesh Army for special child, as part of the bank's CSR activities. Zafar Alam, Managing Director & CEO of the bank, handed...

NBR to set up new tax zones, units to boost collection

2023-12-23 00:00:00

The National Board of Revenue (NBR) is extending its network by setting up 28 new tax zones and units to increase revenue collection, reports UNB.Under the plan, the revenue agency will set up 20 new tax zones, four specialised units...

Wall St rises after soft inflation data

2023-12-23 00:00:00

Wall Street's main indexes gained on Friday after a key inflation reading came in softer than expected, boosting recent investor optimism that the Federal Reserve could lower borrowing costs next year, reports Reuters.The personal consumption expenditures (PCE) price index, considered...

Global equity funds see big outflows as investors book year-end profits

2023-12-23 00:00:00

Global equity funds saw significant withdrawals in the week up to December 20 as investor enthusiasm over potential rate cuts waned and profit-taking set in ahead of the year-end holidays, reports Reuters.The markets have experienced a sharp rally since late...

Stocks retreat as investors take to sidelines

FE REPORT | 2023-12-23 00:00:00

The equity benchmark index retreated into the red in the outgoing week, snapping a two-week winning streak, as mounting political tensions prompted investors to move to the sidelines after booking profit on quick-gaining shares.Analysts say the prevailing floor price discourages...

WI include seven uncapped players for Australia Tests

2023-12-23 00:00:00

West Indies have included as many as seven uncapped players in their squad for the daunting challenge of facing Australia in two Tests next month, reports www.espncricinfo.com. Batter Zachary McCaskie, wicketkeeper Tevin Imlach, allrounders Justin Greaves, Kavem Hodge and Kevin...

Curran vows appeal after 'intimidating umpire' ban

2023-12-23 00:00:00

SYDNEY, Dec 22 (AFP): England star Tom Curran has been banned for four Big Bash League games after intimidating an umpire, but his club Sydney Sixers said Friday it was not intentional and vowed to appeal.The slick fast bowler, who...

S Africa's Elgar to end int’l career

2023-12-23 00:00:00

JOHANNESBURG, Dec 22 (AFP): Former South Africa Test captain Dean Elgar announced Friday that he will retire from international cricket after a Test series against India starting next week.The 36-year-old, who has hit more than 5,000 Test runs including 13...

Barcelona cruise into Women's Champions League last eight

2023-12-23 00:00:00

PARIS, Dec 22 (AFP): Holders Barcelona hammered Rosengrad 7-0 on Thursday to reach the Women's Champions League quarter-finals as Salma Paralluelo scored twice for the hosts.Barca kept their 100 per cent record after four rounds as English midfielder Keira Walsh...

Returning home from SA, Kohli likely to be back for first Test

2023-12-23 00:00:00

Virat Kohli has returned home from South Africa for personal reasons, but is likely to rejoin the Test squad ahead of the Boxing Day Test in Centurion, reports espncricinfo.com. Kohli didn't take part in the Indians' three-day intra-squad match, the...

Denmark wins Bangabandhu Diplomatic Cup Tennis tournament

2023-12-23 00:00:00

Foreign Ministry has successfully concluded the "2nd Bangabandhu Diplomatic Cup" Tennis Tournament-2023 with the final match between Team Pakistan (High Commission of Pakistan) and Team Denmark (Embassy of Denmark) followed by a prize giving ceremony, reports BSS.The highly competitive match...

Williamson, Jamieson to miss Bangladesh T20 on 'medical advice'

2023-12-23 00:00:00

Kane Williamson, the designated captain, and Kyle Jamieson have been withdrawn from New Zealand's T20I squad to take on Bangladesh at home later this month, reports www.espncricinfo.com. Mitchell Santner, who has led both the New Zealand white-ball sides in the...

Tigers looking to avoid ODI series whitewash

2023-12-23 00:00:00

Bangladesh are keen to restore some pride by avoiding a whitewash as they take on New Zealand for the third and final One Day International (ODI) at McLean Park in Napier today (Saturday), reports BSS.The match will start at 04:00...

News in Brief -2023-12-23)

2023-12-23 00:00:00

Corruption scandal threatens PM Kishida's govtTOKYO, Dec 22: Japan is going through a "once in a generation" political crisis, analysts say, as the government fights to clean up its image in the face of a corruption scandal. Four cabinet ministers...

North Korean nuclear reactor appears to be operational

2023-12-23 00:00:00

SEOUL, Dec 22 (Reuters): A second reactor at North Korea's Yongbyon nuclear facility appears to be operational, according to the UN atomic agency.Yongbyon is North Korea's main nuclear complex and home to its first nuclear reactor, with a five megawatt...

31 killed in floods in India's Tamil Nadu

2023-12-23 00:00:00

CHENNAI, Dec 22 (Reuters): At least 31 people were killed in floods and heavy rain in India's southern state of Tamil Nadu this week, a top federal minister said on Friday, as rescuers struggled to reach scores still stranded in...

Japan prepares for missile shipments after easing arms export restrictions

2023-12-23 00:00:00

TOKYO, Dec 22 (Reuters): Japan said on Friday it would prepare to ship Patriot air defence missiles to the United States after revising its arms export guidelines earlier that day, in the pacifist nation's first major overhaul of such export...

Four Indian soldiers killed in Kashmir

2023-12-23 00:00:00

Four Indian soldiers were killed, and three others were wounded after suspected rebels ambushed Indian military vehicles in the southernmost border district of Rajouri in Indian-administered Kash-mir, officials said on Friday, report Al Jazeera.An Indian army official told Al Jazeera...

Pak ex-PM Imran Khan gets bail, but release uncertain

2023-12-23 00:00:00

ISLAMABAD, Dec 22 (Reuters): Pakistan's Supreme Court on Friday granted bail to former Prime Minister Imran Khan in a case related to an alleged leak of state secrets, possibly a huge win for his party ahead of national elections in...

14 killed in unprecedented attack at Prague university

2023-12-23 00:00:00

PRAGUE, Dec 22 (Reuters): David Kozak, a 24-year-old Czech student, shot dead his father, then killed 14 people and wounded 25 others at his Prague university on Thursday before possibly killing himself, police said, marking the country's worst-ever mass shooting.The...

War pushing Gaza to famine, UN warns

2023-12-23 00:00:00

GAZA STRIP, Dec 22 (Agencies): The Israel-Hamas war is pushing Gaza towards famine, the United Nations warned ahead of an expected Security Council vote later on Friday on a resolution to boost aid to the Palestinian territory but not call...

When human life is made cheaper: Global and domestic perspective

Nilratan Halder | 2023-12-23 00:00:00

The dichotomy of human progress as represented by the peaking of scientific and technological development to the most sophisticated range of artificial intelligence (AI) on the one hand and a homicide over trivial matters or mass killing ---actually genocide---now being...

Dealing with online gaming addiction

2023-12-23 00:00:00

 Online games have taken the world by storm in recent years. The wave has reached Bangladesh too. A number of youths are active players of these games and many are even addicted to it. As a result, many students neglect...

Controlling Dhaka's winter dust

2023-12-23 00:00:00

With the advent of every winter, the problem Dhaka city dwellers face most is dust. Due to the ongoing construction projects and absence of effective coordination among service agencies, the problem has become acuter this year as well across the...

Stop medical representatives' aggressive promotion

2023-12-23 00:00:00

Pharmaceutical firms employ smart and articulate young men to promote their products. They offer doctors drug samples and gifts to woo them to prescribe their products. These rush-hour visits by medical representatives to hospitals and doctors' chamber often cause inconvenience...

Female compartment of commuter train

Tanim Asjad | 2023-12-23 00:00:00

In order to facilitate the regular passengers, the Bangladesh Railway (BR) authority converted the Turag Express into a commuter train category from a local train in the Dhaka-Joydevpur-Dhaka route in October this year. The fare per passenger also increased to...

Power producers facing uncertain future

Syed Mansur Hashim | 2023-12-23 00:00:00

Independent Power Producers (IPPs) are facing a financial storm. The Bangladesh Power Development Board (BPDB), which is the sole procurer of power in the country, owes Bangladesh Independent Power Producers' Association (BIPPA) around US$2.5 billion in outstanding payments. At the...