Sacrificial animals start appearing in cattle markets

As the holy Eid-ul-Azha is drawing nearer, cattle markets across the country are reportedly buzzing with sacrificial animals, traders and buyers.Sources said cattle owners and traders are taking their domestic animals to different markets to sell them for good profits.Besides,...

Rundown pry school building a safety concern for children

KHULNA, May 29: The ramshackle tin-shed building of Aruwabarni Government Primary School in Chitalmari upazila of Bagerhat district is running amid an extremely risky condition. The cracked ceiling and fractured roof and plasters falling off the walls have become a...

Displaced Syrians leave camps to pitch tents near destroyed homes

AL AWASH, May 29 (AFP): Aref Shamtan, 73, preferred to pitch a tent near his destroyed home in northwest Syria rather than stay in a camp for the displaced following longtime ruler Bashar al-Assad's ouster."I feel good here, even among...

Russia proposes to hold next talks with Ukraine in Istanbul

TURKEY, May 29 (Reuters): Russia has proposed holding the next round of direct talks with Ukraine in Istanbul on June 2 with a view to achieving a sustainable peace settlement, Russian Foreign Minister Sergei Lavrov said on Wednesday.There was no...

Two Lanka ex-ministers jailed up to 25 yrs for corruption

COLOMBO, May 29 (AFP): A Sri Lankan court sentenced on Thursday two former ministers from the government of deposed president Gotabaya Rajapaksa to decades in prison in a landmark corruption case.Ex-sports minister Mahindananda Aluthgamage and former trade minister Anil Fernando...

US to start revoking visas for Chinese students

NEW YORK, May 29 (Reuters): US Secretary of State Marco Rubio announced on Wednesday the United States will start "aggressively" revoking visas of Chinese students, including those with connections to the Chinese Communist Party or studying in critical fields.If applied...

Israel announces major expansion of West Bank settlements

JERUSALEM, May 29 (BBC/AFP): Israeli ministers say 22 new Jewish settlements have been approved in the occupied West Bank - the biggest expansion in decades.Several already exist as outposts, built without government authorisation, but will now be made legal under...

Asian equities boosted by US court's tariff ruling

HONG KONG, May 29 (AFP): Asian stocks rallied with US futures Thursday after a US court blocked Donald Trump's sweeping global tariff blitz, dealing a hefty blow to the president's signature trade policy and providing some much-needed relief.The ruling provided...

Google begins direct online sales of Pixel phones in India

NEW DELHI, May 29 (Reuters): Google on Thursday began direct online sales of its popular hardware devices in India, including Pixel phones, watches and earbuds, ahead of an anticipated launch of its first physical stores in the South Asian nation.The...

DHAKA WOMEN CHAMBER HOLDS ANNUAL GENERAL MEETING

The Annual General Meeting-2024 of Dhaka Women Chamber of Commerce & Industry (DWCCI) was held at Gulshan North Club in Dhaka on Wednesday, with its President Naaz Farhana in the chair. Sr. Vice President Sajeda Minhaz Mukul, Vice President Sharif...

NCC BANK INAUGURATES SHARIAH-BASED MURADPUR BRANCH IN CTG

NCC Bank's Muradpur branch in Chattogram was inaugurated on Thursday for full-fledged Islamic banking operations. Md. Nurun Newaz Salim, chairman, NCC Bank, inaugurated the branch as chief guest. Abdus Salam, vice chairman; Khairul Alam Chaklader, chairman of the executive committee;...

UCB BOARD MARKS 513TH MEETING

United Commercial Bank (UCB) held its 513th board meeting. During the session, the board reviewed and approved the audited financial statements for the year ending 2024, along with the unaudited results for Q1 2025. In a strategic move, the UCB...

Workshop on 'Capacity Building of Textile Businesses'

Midland Bank PLC organised a training workshop titled 'Capacity Building of Textile and Apparel Businesses in Bangladesh under the Green Supply Chain Transition Programme' at a hotel in Dhaka on Wednesday. The event was supported by Global Supply Chain Support...

'Market Intelligence Platform' launched to facilitate market access

Adoption of advanced technological knowhow is crucial for production in major sectors like garments, leather, footwear, plastics, and light engineering, as it can strengthen Bangladesh's position in the global market, speakers said on Thursday.They also called for better information resources...

Light engineering expo kicks off

A two-day Bangladesh Light Engineering Expo 2025 kicked off in Dhaka on Thursday, aiming to boost the local light engineering sector by connecting domestic producers with international buyers and exploring new growth opportunities.The Bangladesh Engineering Industry Owners Association (BEIOA) in...

Shariah advisory council, committee dissolved

The securities regulator has discarded the Shariah advisory council and its selection committee to facilitate the issuance of fresh Shariah-compliant securities.The Bangladesh Securities and Exchange Commission (BSEC) on Thursday dissolved the committees by issuing two directives.As per the Bangladesh Securities...

Shahjalal Islami Bank looks to raise Tk 6b through bonds

Shahjalal Islami Bank wants to raise Tk 6 billion through 4th Mudaraba subordinated bonds to strengthen its capital base under Basel-III compliance as per the Bangladesh Bank's December 2014 guidelines on risk-based capital adequacy.The bond issuance is subject to the...

Anisuzzaman promises budgetary support to market

Chief Advisor's special assistant Dr. Anisuzzaman Chowdhury has promised budgetary support to help revive the country's ailing capital market.His assurance came on Thursday at a meeting held with representatives from different associations of general investors at the office of the...

Bank Asia's acquisition of Alfalah expected to boost profit

Bank Asia has finally signed a memorandum of understanding (MoU) with Karachi-based Bank Alfalah to acquire the latter's Bangladesh chapter more than a year after the board of the former approved the acquisition. The deal was signed on Wednesday at...

Shahjalal Islami Bank holds 395th Board Meeting

The 395th meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at the Corporate Head Office of the bank in Dhaka on Wednesday. The meeting was presided over by Chairman of the bank A K Azad....

Shimanto Bank inks MoU with Mana Bay Water Park

Shimanto Bank has recently signed a Memorandum of Understanding (MoU) with Mana Bay Water Park at the bank's Head Office in Dhaka. As part of this agreement, all Debit and Credit card holders, along with employees of Shimanto Bank, will...

Banknotes with new designs to hit market on June 1

Bangladesh Bank is set to release newly designed banknotes of Tk 1,000, Tk 50 and Tk 20 denominations into the market from June 1, reports UNB.In a press release issued on Thursday, the central bank said it has begun printing...

Convay chosen over Zoom, Google Meet for G20 SIDSSA 2025

In a landmark achievement for Bangladesh's tech industry, homegrown platform Convay has been selected as the official virtual collaboration tool for the G20's Sustainable Infrastructure Development Symposium (SIDSSA) 2025 in South Africa, surpassing global competitors like Zoom and Google Meet.The...

Consumer-led transformation in tobacco harm reduction

Technology is reshaping many aspects of society. This includes how people choose to consume tobacco and nicotine. Thanks to innovation, adult smokers, who would otherwise continue to smoke, can continue to use nicotine without the burning of tobacco, significantly reducing...

ICX removal could harm economy and digital security, experts warn

Removing the Interconnection Exchange (ICX) from Bangladesh's telecom architecture could seriously undermine national interests, reduce government revenues, increase unemployment, and compromise digital security, industry experts and stakeholders have warned.These concerns were raised at a workshop titled 'Draft Telecom Reform Policy...

Record US clean power run rolls on

LITTLETON, Colorado, May 29 (Reuters): The U.S. power system is on track to produce more electricity from clean power sources than from fossil fuels for the third straight month in May, establishing a record-long stretch for clean power generation in...

Gold holds firm as markets digest court roadblock on tariffs

Gold prices rose in volatile trading on Thursday, aided by softer jobs data, while market participants also digested a court ruling that blocked most of U.S. President Donald Trump's tariffs, reports Reuters. Spot gold reversed course to rise 0.9% to...

Workshop on draft guideline for small-scale PPP projects

The Public-Private Partnership Authority organised a workshop on the 'Draft Guideline for Small-Scale PPP Projects' at its training room at Agargaon in Dhaka on Wednesday. The session brought together key stakeholders from both government and non-government sectors to discuss the...

Oil prices advance as US court blocks Trump tariffs

LONDON, May 29 (Reuters): Oil prices rose on Thursday after a U.S. court blocked most of President Donald Trump's tariffs, while the market was watching out for potential new U.S. sanctions curbing Russian crude flows and an OPEC+ decision on...

A trip to ancient Hajj gateway

As pilgrims from across the Muslim world have been congregating in the holy city of Makkah, many of them will try to explore some of the historical sites in the Kingdom of Saudi Arabia (KSA). Their most desired destinations are...