Time Business Report: Bangladesh Bank has issued a notice today raising the interest rate on a pre-finance facility under a support safety retrofits and environmental upgrades programme (SREUP) to 7 percent from 5 percent. However, the interest rate for customers for whom loans have already been sanctioned will remain at 5 percent per annum, it said. The interest rate for financial institutions which would disburse the loan among customers has also been refixed at 4.5 percent per annum, meaning that...
Day: April 16, 2024
NN Online Report: The officials and employees of BASIC Bank have urged the banking regulator to merge the state-run financial...
NN Online Report: The International Monetary Fund (IMF) has further revised down the growth forecast for Bangladesh’s economy to 5.7...
UNB: President Mohammed Shahabuddin today urged the universities to formulate world-class curricula so that the students can establish themselves as...
BSS: The historic Mujibnagar Day will be observed on Wednesday marking the oath-taking ceremony of Bangladesh’s first government on April...
Reuters : Europe’s aviation regulator reaffirmed advice to airlines to use caution in Israeli and Iranian airspace though it said no civil overflights had been placed at risk during weekend tensions surrounding Iranian drone and missile strikes on Israel. The European Union Aviation Safety Agency (EASA) said it and the European Commission would “continue to closely monitor the situation to assess any potential safety risks for EU aircraft operators and be ready to act as appropriate”. EASA guidance that is...
Business Desk : A colorful Eid reunion programme was held at the head office of Social Islami Bank PLC on...
Staff Reporter : BNP Senior Joint Secretary General Ruhul Kabir Rizvi said on Monday that the number of wealthy people in the country has increased, according to the Benazir (former Inspector General of Police) standard. Recently, a daily newspaper published reports on Benazir Ahmed’s alleged corruption and lavish lifestyle. Rizvi said it in a press conference held at BNP’s Nayapalton Central office. Rizvi said, “These rich people, who are blessed by Sheikh Hasina, have killed and kinapped BNP’s thousands of...
AFP : United Nations Secretary General Antonio Guterres warned the international community Sunday against deeper descent into conflict, addressing the Security Council during a meeting over Iran’s weekend attack on Israel. “Neither the region nor the world can afford more war,” Guterres said. “The Middle East is on the brink,” he told the Security Council. “The people of the region are confronting a real danger of a devastating full-scale conflict. Now is the time to defuse and de-escalate,” he added,...
Staff Reporter : The government has promoted Fayaz Alam as Deputy Managing Director (DMD) of the state owned Rupali Bank. However, the Finance Ministry recently has promoted nine general managers to DMD from various banks. Fayaz Alam has successfully served as General Manager of the Rupali Bank prior to getting the promotion. He joined the Rupali Bank as senior officer in 1988. He served as manager to various important branches, chief of zonal and head offices in his banking career....
City Desk : Dhaka ranked second on the list of cities worldwide with the worst air quality on Monday morning. Dhaka’s air quality was in the “unhealthy” zone, with an air quality index (AQI) score of 193 at 9am, according to the air quality index, reports UNB. India’s Delhi, China’s Beijing and Nepal’s Kathmandu occupied the first, third and fourth spots on the list, with AQI scores of 207, 193 and 175, respectively. An AQI between 101 and 200 is...