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Dr Abdullah Yousuf new DG of BARI

2024-08-21 00:00:00

Agricultural scientist and biotechnologist Dr Md Abdullah Yousuf Akhond has been appointed as the Director General (Routine Charge) of Bangladesh Agricultural Research Institute (BARI), says a press release. Previously, he served as the Director (Research) of BARI, Gazipur.Dr Akhond started...

SHAHJALAL ISLAMI BANK SIGNS MOU WITH PURPLE CARE

2024-08-21 00:00:00

Shahjalal Islami Bank signed a Memorandum of Understanding (MoU) with Purple Care Limited at the bank's SIB Tower Branch on Sunday. The bank's Additional Managing Director S.M. Mainuddin Chowdhury, the Head of SME and AgriInvestment Division Abdur Rahim and Branch...

NCC BANK LAUNCHES VISA DEBIT, CREDIT, AND PREPAID CARD FOR WOMEN

2024-08-21 00:00:00

National Credit and Commerce (NCC) Bank has launched Visa debit, credit, and prepaid card for women. Managing Director and Chief Executive Officer M Shamsul Arefin launched the cards on Monday at the bank's head office. Deputy Managing Director (DMD) Md....

Shareholders linked to S Alam Group barred from selling bank stocks

FE REPORT | 2024-08-21 00:00:00

The securities regulator has imposed restrictions on purchase, sale, and transfer of shares by the entities of S Alam Group, its owners and family members of six banks.Five of the banks involved are listed on the stock exchanges.To this effect,...

Bank accounts of former BSEC chair, his son, six others frozen

FE REPORT | 2024-08-21 00:00:00

The Bangladesh Financial Intelligence Unit (BFIU) has issued an order to freeze the bank accounts of eight individuals, including former chairman of the Bangladesh Securities and Exchange Commission (BSEC) Shibli Rubayat-Ul Islam and his son Juhair Sharar Islam.Additional director Mr....

Legal reforms needed to allow bourses to sell brokers' assets

MOHAMMAD MUFAZZAL | 2024-08-21 00:00:00

The exchanges do not have the legal right to sell stakes of brokers in their custody when it comes to settling claims of investors who have fallen victim to financial frauds committed by the intermediaries.That is one major factor as...

ONE BANK SIGNS MOU WITH SOFTWARE SHOP

2024-08-21 00:00:00

ONE Bank PLC and Software Shop Limited signed a Memorandum of Understanding (MOU) to integrate the Shohoz online ticketing platform into the OK Wallet App. Under this agreement, OK Wallet customers can purchase bus tickets using the Shohoz online ticketing...

Al Arafah Islami Bank opens 221st Branch at Sirajganj

2024-08-21 00:00:00

Al-Arafah Islami Bank (AIB) PLC. has opened 221st branch at Sirajganj Sadar on Tuesday. Director of the bank Md. Anowar Hossain inaugurated the branch as the chief guest while Vice Chairman of the bank Abu Naser Md. Yeahea was present...

Monitor credit-deposit gap to avoid liquidity issues

2024-08-21 00:00:00

MUMBAI, Aug 20 (Reuters): Indian banks need to carefully monitor the gap between credit and deposit growth to avoid a potential structural liquidity issue, the governor of the Reserve Bank of India (RBI) said on Tuesday."Young Indians are aspirational. They...

BB increases foreign currency support for energy import

2024-08-21 00:00:00

Bangladesh Bank has increased its supply of foreign currency to the Energy and Mineral Resources Division to continue its import of petroleum fuels and gas from abroad and also from locally operating foreign companies, reports UNB.According to officials, the Energy...

Summit reviewing cross-border power deals after India rule change

2024-08-21 00:00:00

SINGAPORE, Aug 20 (Reuters): Bangladesh's Summit Group plans to renegotiate preliminary deals to import renewable power from India after a recent rule change by New Delhi allowed generators that exclusively export their electricity to sell locally, the utility's chairman said.India...

Onion, chilli prices remain high despite surge in imports

YASIR WARDAD | 2024-08-21 00:00:00

Prices of onions and chillies still remain high despite a surge in imports in recent weeks, insiders said. On Tuesday, onions are being retailed at Tk 110-130 per kg, and green chillies at Tk 200-240 per kg.Locally grown onions are...

Sinner, Sabalenka win titles in Cincinnati Open

2024-08-21 00:00:00

MASON, Ohio, Aug 20 (AP): Top-ranked Jannik Sinner and women's No. 2 Aryna Sabalenka earned straight-set victories in the finals of the Cincinnati Open on Monday, the first titles at the tournament for both players.Sabalenka defeated Jessica Pegula 6-3, 7-5...

No Messi, Di Maria in Argentina squad for first time in 11 years

2024-08-21 00:00:00

BUENOS AIRES, Argentina (Agencies): Lionel Messi will not play in Argentina's next two World Cup qualifiers because of injury.Argentina coach Lionel Scaloni announced his 28-man squad on Monday for the matches against Chile on September 05 and Colombia five days...

England,Sri Lanka face off in first Test today

2024-08-21 00:00:00

LONDON, Aug 20 (AFP): England head into the first Test against Sri Lanka at Old Trafford starting Wednesday with several players given a chance to prove a point after captain Ben Stokes's series-ending injury.Star all-rounder Stokes is set to play...

Women's T20 World Cup set to be moved from Bangladesh to UAE

2024-08-21 00:00:00

The ICC Women's T20 World Cup is likely to be moved from Bangladesh to the UAE, according to indications from the recent International Cricket Council (ICC) Board meeting, which took place virtually on Tuesday, according o Cricbuzz. The tournament is...

BCB walks on thin ice amidst political turmoil

2024-08-21 00:00:00

Bangladesh Cricket Board (BCB) finds itself in a soup after the ongoing political situation in the country. The cricketing system has suffered from the butterfly effect and it has become a cause of concern for the sport administration in Bangladesh,...

Tigers look to Shakib to 'do something special'

2024-08-21 00:00:00

RAWALPINDI, Pakistan, Aug 20 (AP): Bangladesh is pinning its hopes on all-rounder and former lawmaker Shakib Al Hasan to "do something special" against pace-heavy Pakistan in the opening test of the two-match series, starting Wednesday.Bangladesh's cricket captain on Tuesday was...

Aush paddy harvest nears completion in Panchagarh

2024-08-21 00:00:00

PANCHAGARH, Aug 20 (BSS): Aush paddy harvesting nears completion in the district as the farmers and agricultural officials are happy to see its bumper production.Department of Agricultural Extensions (DAE) officials attributed bumper Aush yield to favourable weather condition.They said Aush...

Sylhet gets high fruit yield

OUR CORRESPONDENT | 2024-08-21 00:00:00

SYLHET, Aug 20: Amid a good yield of various fruits on the hillocks of Moulvi-bazar, Habiganj and Sylhet districts, there has been a good supply to different markets in the region for weeks.Although there has been a good demand and...

Gopalganj road crash kills one

2024-08-21 00:00:00

GOPALGANJ, Aug 20 (BSS): A youth was killed in a road accident as a Nosimon, locally-made three wheeler vehicle, overturned on Gopalganj-Tekerhat road in Sadar upazila here on Monday afternoon.The deceased was identified as Md Hamim Khan, 17, hailed from...

Heavy rain, upstream water inundate 70 villages in Feni

2024-08-21 00:00:00

FENI, Aug 20 (UNB): Continuous heavy rainfall and onrush of water from the upstream have inundated extensive areas in the Feni's of Parshuram and Fulgazi upazilas.Nearly 70 villages have been flooded as the Muhuri River crossed the danger level. This...

Bajunia-Ramdia road in Gopalganj in bad shape

OUR CORRESPONDENT | 2024-08-21 00:00:00

GOPALGANJ, Aug 20: Bajunia-Ramdia district highway under Sadar upazila in the district is in a sorry state, which may cause fatal accident any time.Binay Sarker Anadi, chairman of the Sahapur Union Parishad, told the FE that the 30-km Bajunia-Ramdia road...

105 defect this year until June from N Korea to South

2024-08-21 00:00:00

SEOUL, Aug 20 (AFP): A North Korean defected to the South by walking across the heavily fortified border that separates the peninsula, Seoul's military said Tuesday.Tens of thousands of North Koreans have fled to South Korea since the peninsula was...

'Unprecedented' flooding kills 2 in Connecticut

2024-08-21 00:00:00

NEW YORK, Aug 20 (AFP): Two women died after they were swept away during 'historic' flooding in the northeast US state of Connecticut, local officials said Monday.The women were inside separate vehicles Sunday that became caught in flood waters in...

India's top court creates task force on workplace safety

2024-08-21 00:00:00

NEW DELHI, Aug 20 (AP): India's top court on Tuesday set up a national task force of doctors who will make recommendations on safety of health care workers at their workplaces, days after the rape and killing of a trainee...

SpaceX a week away from first private spacewalk

2024-08-21 00:00:00

WASHINGTON, Aug 20 (AFP): Four members of a SpaceX mission that will carry out the first ever private spacewalk arrived in Florida on Monday ahead of their takeoff next week.The five-day expedition, named Polaris Dawn, will be led by US...

Mpox not the new Covid, says WHO

2024-08-21 00:00:00

GENEVA, Aug 20 (AFP): The mpox outbreak is not another Covid-19, the World Health Organization said Tuesday, because much is already known about the virus and the means to control it.While more research is needed on the Clade 1b strain...

Flights cancelled in Japan after scissors go missing

2024-08-21 00:00:00

TOKYO, Aug 20 (BBC): Thirty six flights were cancelled and 201 delayed at a Japanese airport on the weekend after a pair of scissors went missing in a store near the boarding gates.Security checks at Hokkaido's New Chitose Airport domestic...

Biden eyes legacy in emotional farewell

2024-08-21 00:00:00

CHICAGO, Aug 20 (BBC): It was not the speech Joe Biden wanted to give. At least, not this year, under these circumstances.But if anyone knows how quickly fortunes can change, it's this president - whose personal and professional life has...