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Dengue: Six more deaths reported

2024-10-30 00:00:00

Six more deaths were reported from dengue in 24 hours till Tuesday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 286 this year, reports bdnews24.com.During the period, 1, 312 more patients were hospitalised with viral...

Govt to ease BR's online ticket sale, raise capacity

FE Report | 2024-10-30 00:00:00

The government has taken moves to ease online sale of tickets and increase passenger capacity of the Bangladesh Railway (BR) by rationalising the train routes for facilitating passenger-friendly train services. Adviser to road transport and bridges and railways ministries Muhammad...

DB arrests four stamp, currency syndicate members

2024-10-30 00:00:00

The Detective Branch (DB) has reaffirmed its commitment to dismantling a widespread counterfeit stamp and currency syndicates operating across the country, reports UNB.Four members of the stump syndicate were arrested in connection with the manufacturing and distribution of counterfeit stamps...

Human rights in BD better than in many countries: Jahangir

2024-10-30 00:00:00

Home Adviser Lt. Gen. Md. Jahangir Alam Chowdhury (Retd.) Tuesday said the human rights condition in Bangladesh is much better in comparison with many countries, reports BSS. "The condition of Bangladesh is much better on the human rights issue compared...

UNHRC office to be set up in Dhaka soon: Adviser

FE REPORT | 2024-10-30 00:00:00

An office of the United Nations Human Rights Commission (UNHRC) will be set up in Dhaka soon, Social Welfare Adviser Sharmin Murshid said on Tuesday.After holding a meeting with the visiting United Nations High Commissioner for Human Rights, Volker Turk,...

Qatar's LNG sales to key Asian markets face challenges due to rivalry from US, UAE

2024-10-30 00:00:00

Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) to Japan and South Korea as rising competition from the US and elsewhere with more flexible contract terms challenges Doha's decades-old dominance of the market,...

SYLHET GAS FIELDS LIMITED HOLDS 42ND AGM

2024-10-30 00:00:00

SYLHET GAS FIELDS LIMITED HOLDS 42ND AGM The 42nd Annual General Meeting of Sylhet Gas Fields Limited (SGFL), a gas production company of Petrobangla, was held at the Petrobangla Boardroom on October 24. Khalid Ahmed, Chairman of the company's Board...

India's Marico beats Q2 profit estimates on price hikes

2024-10-30 00:00:00

Indian consumer goods maker Marico reported second-quarter profit well above market estimates on Tuesday, propped up by price hikes undertaken to offset higher raw material prices, reports Reuters.The company reported a near-20 per cent rise in consolidated net profit to...

22 women entrepreneurs graduate from DIU

2024-10-30 00:00:00

BRAC Bank and Daffodil International University (DIU) hosted a graduation ceremony for 22 women from the bank's women entrepreneur accelerator programme, 'Uddokta 101', says a statement.The three-month intensive certification course, which began in June, offered 12 modules covering key areas...

Nurun Newaz elected NCC Bank chairman

2024-10-30 00:00:00

        Md Nurun Newaz SalimMd Nurun Newaz Salim has been unanimously elected as the Chairman of NCC Bank at a meeting of the Board of Directors of the bank on Monday, says a statement.Mr Newaz is an eminent industrialist and...

FTA: Dhaka, Bangkok plan to hold 6th JTC meeting soon

2024-10-30 00:00:00

Bangladesh and Thailand have underscored the necessity of convening 6th Joint Trade Committee (JTC) meeting in Dhaka as soon as possible, highlighting that this would pave the way for Free Trade Agreement (FTA) negotiations, reports UNB.The Thai side flagged that...

IPDC Finance’s operating profit grows 18pc

2024-10-30 00:00:00

IPDC Finance PLC posted an operating profit of Tk 1021.9 million for January-September period this year, registering an 18 per cent increase year on year, says a statement. During this period, the investment portfolio has increased by 44.5 per cent,...

MTB celebrates Silver Jubilee by distributing loans

2024-10-30 00:00:00

Mutual Trust Bank PLC (MTB) has distributed fresh loans to clients under Credit Guarantee Scheme (CGS) of Bangladesh Bank to celebrate its Silver Jubilee at its corporate Head office in Dhaka. CGS is aimed to scale up lending to CMSMEs...

Top UAE firms eager to invest in Bangladesh: Envoy tells CA

2024-10-30 00:00:00

The United Arab Emirates (UAE) is eager to invest in Bangladesh's logistics, ports, aviation and renewable energy sectors, and is ready to support the interim government.UAE Ambassador in Dhaka Abdulla Ali Abdulla AlHmoudi said this during a meeting with Chief...

Man stabbed to death in Savar

2024-10-30 00:00:00

SAVAR, Oct 29 (UNB): A 38-year-old man was stabbed to death by miscreant on the Savar New Market area highway early Tuesday.The deceased was identified as Md Asaduzzaman, son of Abu Bakar Siddique of Taraganj in Rangpur.Savar Model Police Station...

Three to die for killing mother, daughter in Habiganj

2024-10-30 00:00:00

HABIGANJ, Oct 29 (UNB): A Habiganj court on Tuesday sentenced three people to death in a case filed for killing a woman and her daughter in 2021.Additional District and Sessions Judge Mohammad Yeasir Arafat handed down the punishment.The condemned convicts...

Gaibandha farmers fear low Aman yield

2024-10-30 00:00:00

OUR CORRESPONDENTSThe farmers of Gaibandha district fear a loss in Aman cultivation this season as cyclone 'Dana' has impacted the paddy farming just before its harvest.On other hand, bumper Aman production and fair price have brought smile on the faces...

Zorzi, Stubbs hit maiden tons to keep Tigers at bay

2024-10-30 00:00:00

CHATTOGRAM, Oct 29 (AFP): Tony de Zorzi and Tristan Stubbs put South Africa in command on 307-2 and left Bang-ladesh floundering after day one of the second and final Test in Chattogram on Tuesday.Both men made their maiden Test hundreds...

BANK ASIA SIGNS AGREEMENT WITH SHEBA.XYZ

2024-10-30 00:00:00

BANK ASIA SIGNS AGREEMENT WITH SHEBA.XYZBank Asia signed an agreement with Sheba.xyz on Tuesday. Zishan Ahammad, head of cards at Bank Asia, and Ronald Micky, chief operating officer of Shaeba.xyz, signed the agreement in a ceremony at the cards department...

MSCI reports strong Q3 profit amid increased demand for financial products

2024-10-30 00:00:00

Index provider MSCI on Tuesday reported a rise in its third-quarter profit helped by robust demand for its products and services, reports Reuters.The Federal Reserve's recent decision to cut the benchmark interest rate for the first time in four years...

Ford shares fall 6pc as supply snags and costs hurt profit forecast

2024-10-30 00:00:00

Ford Motor shares fell 6 per cent on Tuesday after the automaker tempered its full-year profit forecast, blaming supplier disruptions and warranty costs amid a global price war fueled by overcapacity, reports Reuters.It expects 2024 adjusted earnings before interest and...

Nasir Uddin Ahmed elected as BIA president

2024-10-30 00:00:00

Nasir Uddin Ahmed (Pavel), the first vice-president of Bangladesh Insurance Association (BIA), was recently elected as the president of the association after the previous president, Sheikh Kabir Hossain, resigned citing a health reason. Nasir Uddin, who will stay in office...

Robin becomes new chairman of Jamuna Bank

2024-10-30 00:00:00

Robin Razon Sakhawat took charge as the chairman of Jamuna Bank on Monday, according to a statement. In 2009, he obtained a bachelor's degree in financial engineering from Goethe University, Frankfurt, Germany. He became the director of Robintex Group, a...

BRAC Bank's profit grows 70pc on higher income from govt securities

FE REPORT | 2024-10-30 00:00:00

BRAC Bank secured an impressive 70 per cent year-on-year growth in profit to Tk 4.2 billion in the third quarter (Q3) this year, driven by substantial income from investment in government securities.Its consolidated earnings per share (EPS) stood at Tk...

Google among investors putting $110 million into Nigeria's Moniepoint

2024-10-30 00:00:00

LAGOS, Oct 29 (Reuters): Nigeria based fintech Moniepoint has raised $110 million in new funding from investors including Google to scale up digital payments and banking solutions across Africa, the company said on Tuesday.Moniepoint started operations in 2015 providing infrastructure...

Prime Bank's profit jumps 45pc in Q3

2024-10-30 00:00:00

Prime Bank posted a 45 per cent growth in profit after tax to Tk 5.1 billion in the third quarter (Q3) through September. The board of directors of the bank adopted its Q3 un-audited financial statements at a board meeting...

Unilever Consumer Care sees lower profit as demand falls

2024-10-30 00:00:00

FE REPORTUnilever Consumer Care endured a 49 per cent year-on-year decline in profit to Tk 159 million in the third quarter through September this year as its sales plummeted. The quarterly income was the lowest in four years. In the...

Brokers advise against labelling of stocks

Mohammad Mufazzal | 2024-10-30 00:00:00

Brokers of the Dhaka bourse have demanded the removal of the existing categorisation of securities, saying it creates scope of manipulation in the secondary market.The DSE Brokers Association (DBA) on Monday sent a letter to the Bangladesh Securities and Exchange...

GP secures income growth despite fall in revenue amid unrest, floods

FE REPORT | 2024-10-30 00:00:00

Grameenphone's revenue dropped 3.8 per cent year-on-year to Tk 39.5 billion in the third quarter this year due to a sharp fall in data revenue amid July unrest, internet shutdown and unprecedented floods in several regions.GP reported a degrowth of...

China ready to launch crew to space station

2024-10-30 00:00:00

JIUQUAN (China) Oct 29 (AP): China said all systems are ready to launch the next crew to its orbiting space station early Wednesday, the latest mission to make the country a major space power.The two men and one woman will...