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FSIB HOLDS MANAGERS' CONFERENCE FOR DHAKA CITY BRANCHES

2024-10-07 00:00:00

A managers' conference of Dhaka North and Dhaka South zones and branches under head office of First Security Islami Bank was held on 03 October 2024, Thursday, at FSIB Training Institute, Dhaka. Mohammad Abdul Mannan, chairman, board of the directors...

127TH EC MEETING OF MODHUMOTI BANK HELD

2024-10-07 00:00:00

The 127th meeting of the executive committee of Modhumoti Bank was held on Sunday, 06 October 2024, at the bank's head office. The meeting was presided over by EC Chairman Salahuddin Alamgir. Among others, Mostafa Kamal, Mohammad Ismail Hossain, Nemai...

UCB INVESTMENT MARKS FOUR YEARS OF EXCELLENCE

2024-10-07 00:00:00

UCB Investment Limited (UCBIL), a subsidiary of United Commercial Bank (UCB), recently celebrated its fourth anniversary, reflecting on a journey marked by success and recognition. The celebration coincided with the company's latest accolade: "Best Securities House" in Bangladesh for 2024,...

CRP GETS AMBULANCE AS A PRESENT BY MTB

2024-10-07 00:00:00

Mutual Trust Bank (MTB) recently presented an ambulance to the Centre for the Rehabilitation of the Paralysed (CRP) as part of its Corporate Social Responsibility efforts. Md Bakhteyer Hossain, deputy managing director, and chief operating officer of MTB, handed over...

Stakeholders call for crisis management plan to revive tourism sector

2024-10-07 00:00:00

Tourism stakeholders on Sunday called for a comprehensive crisis management plan to revive the country's tourism and hospitality sector, which has been impacted by recent student-people-led uprising, reports BSS.Speaking at a seminar, industry experts recommended a series of measures, including...

Nagad offers cash bonus on remittance receipt

2024-10-07 00:00:00

Nagad, a popular mobile financial service provider under the Bangladesh Postal Department, is offering a cash bonus to customers receiving remittances sent home by Bangladeshi expatriates living abroad.To become eligible for a cash bonus of Tk 100, excluding the 2.5...

Labour leaders push for realisation of 18-point demand

FE REPORT | 2024-10-07 00:00:00

Labour leaders on Sunday called for full implementation of the 18-point demands outlined in a tripartite agreement between the government, factory owners, and labour representatives to restore normalcy in major industrial belts.They also demanded justice for the death of a...

bKash wins Bangladesh Retail Awards

2024-10-07 00:00:00

bKash, the country's largest mobile financial services (MFS) provider, has won three awards in two categories in the second edition (2024) of the Bangladesh Retail Awards, says a statements. Organised by the Bangladesh Retail Forum and the Bangladesh Brand Forum,...

Islami Bank leads blue chips in dragging DSEX

FE REPORT | 2024-10-07 00:00:00

Poor performance of the stock of Islami Bank Bangladesh coupled with the erosion of other blue chip stocks caused a sharp fall of the broad index of the Dhaka Stock Exchange (DSE) on Sunday.Islami Bank's decline on the bourse itself...

Submarine Cables' profit falls 34pc in FY24

FE REPORT | 2024-10-07 00:00:00

Bangladesh Submarine Cables showed a 23 per cent year-on-year reduction in revenue and more than 34 per cent profit erosion in FY24, compared to the previous year. According to the financial statement of the state-owned voice and data bandwidth service...

Prime bourse needs strengthening to act independently: Chairman

Mohammad Mufazzal | 2024-10-07 00:00:00

The newly-appointed chief of the prime bourse emphasizes the need for capacity building for changing the dynamics of the market.The foremost job of the board of the Dhaka Stock Exchange (DSE) should be to take over the responsibility of approving...

TotalEnergies considers foray into copper trading

2024-10-07 00:00:00

France's TotalEnergies is considering a move into trading copper, expanding its oil trading operations into metals to capitalise on the global energy transition, the Financial Times reported on Sunday, reports Reuters.The oil major has been "studying the case" for trading...

Airbus deliveries fall 9pc to 50 jets in Sept

2024-10-07 00:00:00

PARIS, Oct 6 (Reuters): Airbus delivered 50 jets in September, down 9 from 55 a year earlier and leaving nine-month deliveries ahead by a narrow margin as it faces a sprint towards the finish line in the fourth quarter, industry...

Global cocoa market to have first surplus in 4 years, says broker

2024-10-07 00:00:00

NEW YORK, Oct 6 (Reuters): The first global cocoa supply surplus in four years is expected in the 2024/25 season starting in October due to better crop care and favourable weather in Africa, broker-analyst StoneX said in a report. StoneX...

Asian spot LNG price flat on weak demand

2024-10-07 00:00:00

SINGAPORE, Oct 6 (Reuters): Asian spot liquefied natural gas (LNG) remained flat for a second consecutive week, with buyers staying away at the end of the cooling season and waiting for price levels to fall further.The average LNG price for...

Vietnam economy grows 7.4pc in Q3

2024-10-07 00:00:00

HANOI, Oct 06 (AFP): Vietnam's economy grew by 7.4 per cent in the third quarter, government figures showed Sunday, despite severe economic damage caused by deadly Typhoon Yagi.Vietnam suffered $3.3 billion in economic losses as a result of Yagi which...

UK investment summit to feature Google, Wayve, Brookfield

2024-10-07 00:00:00

LONDON, Oct 06 (Reuters): The new British government's first international investment summit will feature senior executives from companies including Google, Wayve and Brookfield Asset Management, the government said on Saturday.The summit, on Oct. 14, is aimed at ramping up foreign...

Chinese automakers should be allowed to avert tariffs by investing in EU

2024-10-07 00:00:00

FRANKFURT, Oct 06 (Reuters): The CEO of German carmaker Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments made in Europe."Instead of punitive tariffs this should be about mutually giving...

KSA’s e-commerce sector sees 9.4pc growth in Q3

2024-10-07 00:00:00

RIYADH, Oct 06 (Arab News): The Kingdom of Saudi Arabia's (KSA) e-commerce sector continues its upward momentum, with 39,769 businesses registered in the third quarter, a 9.4 per cent increase year on year. The latest data from the Ministry of...

Madrid's Carvajal to miss several months after knee injury

2024-10-07 00:00:00

MADRID, Oct 06 (AFP): Spanish defender Dani Carvajal is facing several months on the sidelines, Real Madrid confirmed Sunday, saying he needed surgery after a serious knee injury during a La Liga match against Villarreal."He has been diagnosed with a...

England aim to challenge struggling Pakistan with new-look attack in 1st Test

2024-10-07 00:00:00

MULTAN, Pakistan, Oct 06 (AP): England is aiming to challenge struggling Pakistan with a new-look pace attack in the opening Test of a three-match series, starting in the searing heat of Multan on Monday.Fast bowler Brydon Carse will make his...

Gauff beats Muchova in China for 8th WTA title

2024-10-07 00:00:00

BEIJING, Oct 06 (AFP): Coco Gauff overpowered Karolina Muchova in straight sets to win the China Open on Sunday for her second title of the year and eighth overall.The 20-year-old American and last year's US Open champion stormed to victory...

Marin penalty grabs draw for Cagliari at Juventus

2024-10-07 00:00:00

TURIN, Italy, Oct 06 (Reuters): Juventus conceded their first Serie A goal this season as a late Razvan Marin penalty snatched a 1-1 draw for visitors Cagliari on Sunday.The draw denied Juventus the chance to move back into second place...

India defy scare to beat Pakistan

2024-10-07 00:00:00

DUBAI, Oct 06 (AFP): India captain Harmanpreet Kaur produced a steely 29 to steer her side to a scrappy six-wicket victory over Pakistan in Dubai on Sunday.Set 106 to win after restricting Pakistan to 105-8 in their 20 overs, India...

Injured Bavuma doubtful for S Africa's Tests against Tigers

2024-10-07 00:00:00

South Africa captain Temba Bavuma is in doubt for their Test series against Bangladesh, which starts on October 21, after being ruled out of the third ODI against Ireland with an elbow injury, according to ESPNcricinfo. Bavuma retired hurt during...

Narail road accident kills one

2024-10-07 00:00:00

NARAIL, Oct 06 (BSS): A man was killed and another injured in a road accident near Kalna Madrasha on the Lohagara-Kalna-Dhaka highway in Lohagara upazila of the district on Saturday .The deceased was Md Rifatul Islam, 33, son of Md...

Academic activities resume at CU

2024-10-07 00:00:00

CHATTOGRAM, Oct 06 (BSS): Classes and academic activities resumed at Chattogram University (CU) on Sunday after almost three months.Classes and academic activities remained halted at the university for almost three months due to different movements of teachers, students, employees and...

Sherpur flood situation worsens as eight more unions inundated

2024-10-07 00:00:00

SHERPUR, Oct 06 (UNB): The flood situation in the country's northeastern district of Sherpur has worsened further as eight more unions in Nakla and Sadar upazilas have been inundated.The death toll from the flood in the district stood at five...

News in Brief -2024-10-07

2024-10-07 00:00:00

Trump rallies at site of failed assassinationBUTLER, Oct 06: Donald Trump defiantly returned Saturday to the site of a campaign rally where an assassin's bullet almost killed him in July, questioning whether his opponents were responsible and declaring he would...

UK PM's chief of staff resigns after 'intense commentary'

2024-10-07 00:00:00

LONDON, Oct 06 (AFP): British Prime Minister Keir Starmer's chief of staff Sue Gray resigned on Sunday after facing intense scrutiny during the Labour government's first few months in power.Gray said she was standing down after it "become clear to...