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DESCO aims for uninterrupted power supply

2025-02-19 00:00:00

Dhaka Electric Supply Company Limited (DESCO) recently held a view-exchange meeting aimed at ensuring an uninterrupted power supply during the upcoming Ramadan and summer. The meeting also focused on improving customer service and enhancing the skills of DESCO officials. Muhammad...

Citizens Bank gets new DMD

2025-02-19 00:00:00

Citizens Bank PLC appointed Md Mostafizur Rahman as Deputy Managing Director (DMD) of the bank. Previously, Mr. Rahman served as Senior Executive Vice President at Bank Asia, says a statement.With over 27 years of experience in the banking sector, Mr....

Bhutan seeks jt venture investment with BD on hydropower

2025-02-19 00:00:00

Bhutan is keen on joint venture investments with Bangladesh to tap into the hydropower potential of the Himalayan kingdom, Bhutanese Ambassador Rinchen Kuentsyl said on Tuesday.Bhutan has also taken steps to sign an agreement with Bangladesh's submarine cable company to...

Govt ramps up market monitoring

FE REPORT | 2025-02-19 00:00:00

The government has intensified its market monitoring of essential commodities ahead of the holy month of Ramadan. Three dedicated teams will start monitoring markets across Dhaka metropolitan today. The decision came from a workshop attended by leaders of market monitoring...

Uber contributes Tk 5.5b to BD economy in 2024

FE REPORT | 2025-02-19 00:00:00

Uber supported economic growth in Bangladesh with Tk 5.5 billion of economic activity in 2024, according to a report.Uber, the leading ridesharing app in Bangladesh, released its economic impact report 2024 at an event on Tuesday.Md Ehsanul Hoque, senior secretary...

Textile millers threaten to halt investments

FE REPORT | 2025-02-19 00:00:00

Leaders of the country's primary textile millers on Tuesday threatened that they would not make any fresh investments unless the government announces an election date. Textile mills, already grappling with an acute gas shortage, will face closure one after another...

Social Islami Bank hosts Business Review Meeting

2025-02-19 00:00:00

Social Islami Bank PLC arranged a Business Review Meeting on Monday at the head office of the bank. Md. Nazmus Saadat, Managing Director (Acting), was present as the chief guest. The meeting was chaired by A A M Habibur Rahman,...

ISLAMI BANK RANGPUR ZONE HOLDS AGENT BANKING CONFERENCE

2025-02-19 00:00:00

Rangpur Zone of Islami Bank Bangladesh PLC organised an 'Agent Banking Business Development Conference' and a workshop on 'Prevention of Money Laundering & Terrorist Financing' on Monday at a community centre in Rangpur. Md Abdul Jalil, independent director of the...

MTB FOUNDATION PARTNERS WITH QUASEM FOUNDATION FOR EYE CARE TO THE POOR

2025-02-19 00:00:00

MTB Foundation signed an agreement with Quasem Foundation to implement a project titled 'Eyesight Restoration Camps', aimed at providing quality eye care services to low-income communities in the remote areas of Rangpur Division. Tasvir Ul Islam, general secretary, Quasem Foundation;...

Prime Bank launches books in Braille on financial literacy

2025-02-19 00:00:00

Prime Bank published books on consumer & SME banking in Braille for visually impaired people, according to a statement. The bank's Chief Executive Officer Hassan O. Rashid handed over the books to Dr. Md. Habibur Rahman, deputy governor of the...

Regulator imposes fines of Tk 66.3m for stock price manipulation

FE REPORT | 2025-02-19 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) has imposed fines worth Tk 66.3 million on seven individuals, including Md. Abul Khayer, and two companies, for manipulating the stock price of NRB Commercial Bank.It penalized two more individuals with fines of...

Shipping Corporation's profit up on higher freight charges

FE REPORT | 2025-02-19 00:00:00

Bangladesh Shipping Corporation (BSC) showed a 7 per cent year-on-year increase in profit to Tk 536 million in the second quarter of FY25. Factors that contributed to the profit growth were increased freight rates, enforcement of the Bangladesh Flag Vessels...

Summit Power's income rises 51pc in FY24 on import cost cuts

FE REPORT | 2025-02-19 00:00:00

Summit Power secured a remarkable 51 per cent year-on-year growth in profit to Tk 3.34 billion in FY24, driven by lower import costs amid stable foreign exchange rates.Its consolidated earnings per share (EPS) rose to Tk 3.13 in FY24 from...

Sinner case 'a million miles from doping', says WADA

2025-02-19 00:00:00

LONDON, Feb 18 (AFP): Jannik Sinner's three-month ban for a pair of positive drug tests has been defended by the World Anti-Doping Agency after claims the world number one's punishment was too lenient.Sinner's long doping saga came to an end...

Pakistan face New Zealand in opener today

2025-02-19 00:00:00

KARACHI, Feb 18 (Agencies): Pakistan will host New Zealand in the opening game of the Champions Trophy 2025 at the National Stadium in Karachi. Pakistan, the ICC Men's Champions Trophy 2025 hosts, begin their title defense against New Zealand at...

Champions Trophy set for liftoff today

2025-02-19 00:00:00

KARACHI, Feb 18 (AFP): The Champions Trophy begins Wednesday after a turbulent build-up that saw the tournament split between Pakistan and Dubai, and with England facing calls to boycott their match against Afghanistan.The event, regarded as second only to the...

Two minor sisters drown in Jashore pond

2025-02-19 00:00:00

BENAPOLE, Feb 18 (UNB): Two young sisters drowned in a pond in Matikumra village of Hazirbagh union under Jhikargachha upazila in Jashore on Tuesday morning.The deceased were identified as Sumaiya, 3, and Suraiya, 2, daughters of Yamin and his brother...

Kishoreganj, Chattogram road crashes kill three

2025-02-19 00:00:00

Three persons were killed in separate road accidents in Kishoreganj and Chattogram districts on Tuesday, report agencies.In Kishoreganj, traffic on Kishoreganj-Bhairab highway remained suspended for two hours on Tuesday as locals blocked the highway, protesting the death of two schoolboys...

Road woes plague Cumilla's five villages

2025-02-19 00:00:00

CUMILLA, Feb 18 (UNB): For the residents of five villages in Chandina upazila, a 1.5-kilometre stretch of road has become a symbol of neglect and frustration. Unrepaired for years, the deteriorating route has left around 15,000 people, particularly students, battling...

Many brick kilns running illegally in Gaibandha

OUR CORRESPONDENT | 2025-02-19 00:00:00

GAIBANDHA, Feb 18: A good number of brick kilns are running without any official approval in the district, posing a threat to environment and public health.Most of the brick kilns have been set up near educational institutions and croplands in...

A misty train ride across Bangladesh's winter heartland

MAHMUDUL ISLAM | 2025-02-19 00:00:00

Cloaked in mist, the landscape in the predawn hour was haunting. I leaned against the train door and looked at rural houses, their shapes faintly discernible in thick darkness. Only the green light coming from the displays of digital electricity...

How to stay motivated while learning music besides a full-time job

MOHAMMAD ASIF | 2025-02-19 00:00:00

"Some days, after work, I feel too tired even to pick up my guitar," says Ridwan Salsabil, a banker who has been learning music for six months. "But when I do, I feel a sense of relief. It's like entering...

We need a movement for peace

2025-02-19 00:00:00

In a world often marred by conflict and division, the call for a movement for peace resonates with profound urgency. As the Greek philosopher Heraclitus once said, "Out of discord comes the fairest harmony." This timeless wisdom reminds us that...

Deadly voyage to Europe

2025-02-19 00:00:00

Dreams inspire people to move forward, but when those dreams push them towards death, they become a nightmare. Every day, countless young Bangladeshis attempt to reach Europe illegally in pursuit of a better life, higher income, and social security. However,...

Country needs to brace for climate catastrophe

Sarker Nazrul Islam | 2025-02-19 00:00:00

Bangladesh has to bear the brunt of awful climate impacts though its contribution to global warming is negligible, believed to be less than 0.47 per cent of global emission. The Bonn-based green organisation Germanwatch reaffirmed this phenomenon and focused on...

Reclaiming canals: Now or never

Wasi Ahmed | 2025-02-19 00:00:00

With the canal reclamation drive on the agenda of the interim government, one wonders whether it makes Dhaka dwellers at all optimistic about its success, given the decades of repeated failures to accomplish the task. Despite the undeniable benefits of...

Need for a national cancer database

2025-02-19 00:00:00

Admittedly, bearing the expense of treatment of cancer, no matter its type, is beyond the capacity of the majority of the people of Bangladesh. As a result, in most cases, the patients or their family members give up and leave...

The growth of freelancing & its effect on Bangladesh's economy

Matiur Rahman | 2025-02-19 00:00:00

Freelancing has emerged as a transformative force in Bangladesh, reshaping the employment landscape and contributing significantly to the country's economy. As the global workforce transitions towards more flexible and remote working arrangements, Bangladesh has positioned itself as a key player...

MEGHNA BANK HOSTS 'BRANCH BUSINESS DIALOGUE'

2025-02-18 12:00:00

Meghna Bank PLC hosted 'Branch Business Dialogue: Aligning Strategy & Vision' at a hotel in Dhaka recently. The event brought together Branch and Sub-Branch Managers, who shared their valuable experiences and provided strategic recommendations for the bank's future growth. The...

ISLAMI BANK BOGURA ZONE HOLDS AGENT BANKING CONFERENCE

2025-02-18 12:00:00

Bogura Zone of Islami Bank Bangladesh PLC organised an 'Agent Banking Business Development Conference' and a workshop on 'Prevention of Money Laundering & Terrorist Financing' on Monday at Rural Development Academy in Sherpur, Bogura. Prof Dr. Mohammed Masud Rahman, chairman...