NN Online Report: The government will launch a special open market sale (OMS) programme for three months in the 14...
Day: September 1, 2024
NN Online Report: At least ten people died and scores injured in road crashes in Gopalganj and Narsingdi districts on...
Business Desk : Distinguished business leader and visionary entrepreneur Mr. Sharif Zahir has been unanimously elected as the Chairman of...
Business Desk : Australia and Canada, under the Strategic Partnership Arrangement (SPA) with BRAC, have contributed Tk10 crore towards flood response and rehabilitation efforts in Bangladesh. Australia has contributed Tk7 crore, while Canada has contributed approximately Tk3.10 crore, reads a press release.This funding will support 11,000 households across flood-affected regions. BRAC, in partnership with Australia and Canada, will utilise the funds to provide substantial support, including cash payments, repair and rehabilitation of water, sanitation, and hygiene facilities, emergency health and...
Business Report : The government wants to restructure the power companies to get rid of irregularities in the power sector,...
Busines Desk : Mr. Muklesur Rahman has been elected as the Chairman of the Executive Committee of National Bank Limited...
AFP : Chinese manufacturing contracted for a fourth consecutive month in August, official data showed Saturday, a worse-than-expected result reflecting the world’s second-largest economy’s struggle to recover.China is facing a crisis in its vast real estate sector as well as lackluster confidence among households and businesses, which is hindering consumption, while geopolitical tensions with Washington and the European Union threaten foreign trade.In August, the Purchasing Managers’ Index (PMI) — a key barometer of industrial output — stood at 49.1 points,...
Business Desk : The 39th Annual General Meeting of Bangladesh General Insurance Co. PLC. (BGIC) was held on Wednesday virtually...
Business Report : The Bangladesh Bank achieved a record profit in fiscal year 2023-24, fuelled by significant US dollar sales...
THE banking sector has been plagued by numerous irregularities over the past fifteen years, leading to a fragile state. A report published in a vernacular daily on Friday highlighted the most pressing issues, including rampant bad loans and money laundering facilitated by the misuse of banks for criminal activities. What is more concerning is that despite widespread awareness of these problems, senior bank officials, often under pressure from higher authorities, have either ignored these irregularities or even profited from them....
Dr. Rafsan Mahmud : The tragic deaths of students in recent protests have deeply shocked the nation, highlighting the need...