ECB set to cut rates again as inflation cools

European Central Bank policymakers meet on Thursday with fading price pressures and weaker economic activity in the eurozone nudging them towards making another cut to interest rates.The 26 members of the governing council are gathering in Slovenia, as they make one of their regular tours away from the ECB's headquarters in Frankfurt.ECB President Christine Lagarde arrived ahead of her colleagues, "checking on prices" at a market in the capital Ljubljana, she said in a video posted on social media on Tuesday.What she heard from traders might well have reassured her -- recent data show that inflation in the eurozone has slowed considerably. In Slovenia, the annual rate of consumer price rises was a mere 0.6 percent in September.For the whole of the eurozone, the figure was 1.8 percent -- the first time it has been below the ECB's two-percent target in three years.After cutting rates twice already this year, including at their last meeting in September, policymakers ini...

UCB partners with D Money to improve banking services

United Commercial Bank PLC (UCB) has officially signed an agreement with D Money Bangladesh, a leading payment service provider, to enhance banking services for their customers.This partnership includes a range of services, such as the Trust Cum Settlement Account, options to add money from UCB to D Money, and seamless money transfers from D Money to UCB.The signing ceremony was attended by key representatives from both organizations, including Nabil Mustafizur Rahman, Additional Managing Direct...

Prime Bank inks payroll deal with Mart Promoters

Prime Bank PLC, a leading financial institution known for its innovative and customer-centric financial solutions, has recently entered into a new payroll agreement with Mart Promoters. The agreement was signed at M...

Govt to take long-term initiative to save elephants: Rizwana

Syeda Rizwana Hasan, Adviser for Environment, Forest and Climate Change, on Thursday said that the government would also take a long-term programme for elephant conservation.Under the short-term programme, initiatives will be taken to improve the natural habitat of elephants, ensure their safe breeding and food security, assess number of elephants and using modern technology to resolve human-elephant conflicts, she said.Rizwana said that an awareness raising campaign on elephant conservation would be further strengthened. "This programme will be implemented in some districts of Chattogram, Mymensingh, Sylhet and Rangpur divisions where elephants are found," she added.Rizwana made the remarks while speaking as the chief guest at a meeting on elephant conservation project at Bangla...

BNP’s Jahidur Rahman takes oath

Shakib not returning to country

The episode of the Shakib Al Hassan’s returning home to bid his farewell Test at home ground came to an end when he cancelled his Dhaka bound flight from Dubai on Thursday.   Shabib Al Hassan, who was named in Bangladesh's 15-member squad for the first of the two-Test series against South Africa and was supposed to fly for Dhaka from UAE on Wednesday to play his final Test, all possibility his returning home for farewell Test at homeground is finished, as his homecoming was hold. Shakib Al Hassan was scheduled to land in Dhaka from Dubai last night to play his final Test in a Bangladesh jersey when the Tigers will take on the Proteas in the first match in Mirpur on October 21 but agroup of students burned his effigy at the Dhaka University campus protesteing his return home on Wednesday.Upon arriving in Dubai en route from the USA, Shakib was asked by BCB to wait instead of continuing to Dhaka. Despite remaining the uncertainties, Shakib received a green signal from the interim government and had made all travel arrangements to return on Thursday. It was also learned that the 37-year-old cricketer was scheduled to board the Dhaka-bound flight from Dubai at 5:00pm Bangladesh Time and touch down in the country at around 11:00pm, which allows him three days to prepare for his final Test match.However, it a BCB source infirmed that Shakib was asked to wait for further communication before boarding the flight.  Following such uncertainties, a source from Dubai told the Bangaldesh Post that Shakib cancelled his flight from Dubai and almost manag...

The Long March

On October 16, 1934, the embattled Chinese Commu­nists break through Nationalist enemy lines and begin an epic flight from their encircled headquarters in southwest China. Known as Ch’ang Ch...

Lightning fatalities

This is a matter of concern because the incidents of lightning strikes in the country are increasing due to rising temperature and climate variability caused by global warming and it is taking a heavy toll on human lives in recent years. We have noti...

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