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UNITED COMMERCIAL BANK SIGNS MOU WITH DHAKA INTERNATIONAL UNIVERSITY

2024-11-22 00:00:00

UNITED COMMERCIAL BANK SIGNS MOU WITH DHAKA INTERNATIONAL UNIVERSITY United Commercial Bank PLC (UCB) and Dhaka International University (DIU) have signed a Memorandum of Understanding (MoU) recently to provide a range of banking services, including tuition fee collection and other...

Commerce adviser warns against artificial crisis in food supply chain

2024-11-22 00:00:00

CHATTOGRAM, Nov 21 (BSS): Commerce Adviser Sheikh Bashir Uddin said the government will not allow any artificial crisis in the supply chain of food and essential items.A balanced demand and supply system should be ensured through increasing production and involving...

DHAKA BANK SIGNS MOU WITH DHAKA SOUTH CITY CORPORATION

2024-11-22 00:00:00

DHAKA BANK SIGNS MOU WITH DHAKA SOUTH CITY CORPORATION Dhaka Bank PLC has signed a memorandum of understating with Dhaka South City Corporation for collecting holding tax and trade license fee of the city corporation. Sheikh Mohammad Maroof, Managing Director...

BKASH WINS 'MASTERCARD EXCELLENCE AWARD'

2024-11-22 00:00:00

BKASH WINS 'MASTERCARD EXCELLENCE AWARD' bKash, the country's largest MFS provider, has won the 'Excellence in Mastercard Digital Business 2023-24' award for the 4th consecutive time in recognition of its exceptional contributions to advancing financial inclusion and fostering a robust...

BD, Bhutan agree to expand trade

2024-11-22 00:00:00

FE REPORT Bangladesh and Bhutan agreed on Thursday to expand their existing trade and bolster bilateral ties for mutual benefit of the two friendly neighbouring countries.The development came when Bhutanese ambassador to Bangladesh Rinchen Kuentsyl called on Bangladesh Nationalist Party...

Cash incentives for juice, drink exporters

2024-11-22 00:00:00

FE REPORTThe interim government will provide cash incentives for exporters of different types of juices and drinks, made from locally produced fruit pulp, with an eye to diversifying Bangladesh's export basket.Allied exporters will receive a 10-per cent cash incentive, according...

BENGAL ISLAMI LIFE HANDS OVER CHEQUE FOR TK 1.1M TO SOUTH ASIA INSURANCE

2024-11-22 00:00:00

BENGAL ISLAMI LIFE HANDS OVER CHEQUE FOR TK 1.1M TO SOUTH ASIA INSURANCE Bengal Islami Life Insurance Limited handed over a cheque for Tk 1.1 million to South Asia Insurance Co. Ltd. as death benefit following the death of its...

DUTCH EMBASSY OFFICIALS VISIT THAKURGAON TO INSPECT SPECIAL REVOLVING FUND ACTIVITIES

2024-11-22 00:00:00

DUTCH EMBASSY OFFICIALS VISIT THAKURGAON TO INSPECT SPECIAL REVOLVING FUND ACTIVITIES Deputy Head of Mission at the Netherlands Embassy Thijs Woudstra and Senior Policy Advisor-Social Sector Mushfiqua Zaman Satiar visited Thakurgaon on Wednesday to review the activities related to Special...

PayPal outage affects thousands worldwide

2024-11-22 00:00:00

Payments firm PayPal is facing a system issue that may be affecting multiple products, it said on Thursday, reports Reuters.The outage comes on a day bitcoin, the world's largest cryptocurrency, has surged to levels to over $98,000 and pulled other...

Ruchi Beautigram Exhibition begins in city

2024-11-22 00:00:00

Ruchi Beautigram Season 6 Exhibition began at Alliance Française in the city's Dhanmondi area on Thursday, says a press release.The event will conclude with an award ceremony tomorrow, according to Ruchi Explore Limitless.This year's competition focused on the theme 'New...

US calls for breakup of Google and Chrome

2024-11-22 00:00:00

WASHINGTON, Nov 21 (AFP): The US government late Wednesday asked a judge to order the dismantling of Google by selling its widely used Chrome browser in a major antitrust crackdown on the internet giant.In a court filing, the US Department...

Sri Lanka's president makes U-turn on IMF bailout

2024-11-22 00:00:00

COLOMBO, Nov 21 (AFP): Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor.Leftist President Anura Kumara Dissanayake, who tightened his grip on power...

EXECUTIVE COMMITTEE MEETING OF SHAHJALAL ISLAMI BANK

2024-11-22 00:00:00

EXECUTIVE COMMITTEE MEETING OF SHAHJALAL ISLAMI BANK The 886th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Akkas Uddin...

SONALI BANK HOSTS 'MEET THE BORROWERS'

2024-11-22 00:00:00

SONALI BANK HOSTS 'MEET THE BORROWERS' Sonali Bank PLC arranged a programme titled 'Meet the Borrowers' at its Bangabandhu Avenue corporate branch on Thursday. MD & CEO of Sonali Bank Md Shawkat Ali Khan attended the event as the chief...

China firm to operate first single point mooring

2024-11-22 00:00:00

China Petroleum Pipeline Engineering Co. Ltd (CPPEC) has been chosen to operate and maintain (O&M) Bangladesh's first single point mooring (SPM) with double pipeline project, reports UNB.The decision was approved in principle on Thursday by the Advisers Council Committee on...

Gulf shares slip as geopolitical tensions rise

2024-11-22 00:00:00

Stock markets in the Gulf tracked global shares lower on Thursday as tension between Russia and Ukraine kept investors on edge, while Egypt's index snapped a four-day losing streak, reports Reuters.Russia launched an intercontinental ballistic missile during an attack on...

India's Adani says US charges 'baseless', opposition demand arrest

2024-11-22 00:00:00

NEW DELHI, Nov 21 (AFP): India's Adani Group on Thursday called US charges that their billionaire tycoon founder Gautam Adani had paid more than $250 million in bribes "baseless", as the opposition leader demanded his arrest.The stiff denial came after...

PUBALI BANK HOLDS PROGRAMME ON GREEN FINANCE

2024-11-22 00:00:00

PUBALI BANK HOLDS PROGRAMME ON GREEN FINANCEPubali Bank organised a capacity development programme on 'Sustainable Finance and Green Finance' at the bank's head office on Thursday. Mohammad Ali, managing director and CEO of Pubali Bank, presided over the programme. The...

SOUTHEAST BANK SIGNS MOU WITH SUMMERFIELD INTERNATIONAL SCHOOL

2024-11-22 00:00:00

SOUTHEAST BANK SIGNS MOU WITH SUMMERFIELD INTERNATIONAL SCHOOLSoutheast Bank recently signed a memorandum of understanding (MOU) with Tiny Tots and Summerfield International School at the bank's head office in the capital for providing tuition fees collection services, payroll services, among...

BANK ASIA WINS SAFA AWARD 2023

2024-11-22 00:00:00

BANK ASIA WINS SAFA AWARD 2023 Bank Asia won 'SAFA Best Presented Annual Report Award 2023' for 'Integrated Reporting' at a recent event in Colombo, Sri Lanka. In addition, the bank also achieved 'Certificate of Merit' among private sector banks...

Melita Mehjabeen joins BAT Bangladesh as independent director

2024-11-22 00:00:00

Professor Dr. Melita Mehjabeen, a tenured faculty member of IBA, Dhaka University, has been appointed as independent director to British American Tobacco (BAT) Bangladesh, according to a press release.She has about 20 years of proven track record in academia, research,...

Appollo Ispat slips into abyss with Tk 7.6b loss

FE REPORT | 2024-11-22 00:00:00

Keeping shareholders in the dark for the last five years, Appollo Ispat Complex finally disclosed a huge pile-up of losses worth Tk 7.6 billion, incurred between FY19 and FY23.Once renowned for its corrugated iron sheets brand "Rani Marka Dheutin," Appollo...

Emerald Oil production suspended after major share sell-off by Minori

FE REPORT | 2024-11-22 00:00:00

The struggling Emerald Oil Industries' production has remained suspended for more than six months for what the company said was a shortage of gas supply to its factory. It communicated the matter to the Dhaka Stock Exchange on Thursday in...

Medical Assistant Training School students block road in Bagerhat

2024-11-22 00:00:00

BAGERHAT, Nov 21 (UNB): Students of the Medical Assistant Training School (MATS), Bagerhat blocked the road in front of the Bagerhat Police Superintendent's office on the Bagerhat-Khulna highway over four-point demands on Thursday.This caused traffic congestion on both sides of...

Two bodies recovered in Naogaon

2024-11-22 00:00:00

NAOGAON, Nov 21 (UNB): Police recovered two bodies, one of a young man and another of an elderly man, from separate locations in Naogaon on Thursday.The discoveries were made near the Atrai River bank in Manda upazila and in the...

Waste treatment plant lies inoperative for three years

2024-11-22 00:00:00

BARGUNA, Nov 21 (UNB): A waste treatment plant in Barguna town constructed at a cost of Tk 160 million (16 crore) under the LGSP project with World Bank funding has been lying inoperative for the last three years amid environmental...

Repair to flood-hit roads in Sylhet region still a far cry

2024-11-22 00:00:00

OUR CORRESPONDENT SYLHET, Nov 21: The authorities concerned are yet to take any measure to repair or reconstruct the roads damaged badly by floods in Sylhet region, local people have alleged.Officials concerned said they carried out some repair work on...

Tigresses out to make direct qualification for World Cup

2024-11-22 00:00:00

Bangladesh Women's team is confident of making a direct entry to the ICC World Cup despite knowing that the equation is quite tough for them, reports BSS.To ensure a direct entry to the World Cup, to be held in India...

Tigers take on Windies in first Test today

2024-11-22 00:00:00

After a disappointing clean sweep at home against South Africa in their last Test series, Bangladesh are gearing up to take on the West Indies in a two-match Test series, with the first match starting in Antigua today (Friday), reports...

Can TfL model transform Dhaka's traffic system?

2024-11-22 00:00:00

Dhaka is one of the most traffic-congested cities in the world, with some of the worst public transport services globally.Every year, Dhaka's traffic nightmare costs Bangladesh billions of dollars. According to data from the BUET, the annual financial loss due...