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Max Group 33rd National Swimming

2024-11-14 00:00:00

Assistant Chief of Bangladesh Navy Rear Admiral Mohammad Musa handing over a prize to the best male swimmer of the Max Group 33rd National Swimming, Diving and Waterpolo Championship 2024 at the Syed Nazrul Islam National Swimming Complex in the...

BPL's 11th season set to kick off Dec 30

2024-11-14 00:00:00

The Bangladesh Cricket Board (BCB) has released the official schedule for the 11th season of the Bangladesh Premier League (BPL), which is set to begin on December 30, reports UNB.Seven teams-Dhaka Capitals, Chittagong Kings, Durbar Rajshahi, Fortune Barishal, Khulna Tigers,...

Tamim keen to play NCL T20

2024-11-14 00:00:00

Opener Tamim Iqbal expressed his desire to play the upcoming National Cricket League (NCL) T20 format, slated to start on December 9, following the completion of the four-day version, reports BSS.But he needs to overcome the standard fitness process for...

Bangladesh make frustrating start

2024-11-14 00:00:00

Hosts Bangladesh made a fustrating start in the two-match FIFA Tier-1 International Friendly series, losing to the Maldives in the first match at the floodlight Bashundhara Kings Arena in the capital on Wednesday evening, reports UNB.With the day's well-deserved victory,...

Record stand propels Sri Lanka to 324-5 against New Zealand

2024-11-14 00:00:00

DAMBULLA, Sri Lanka, Nov 13 (AFP): Top-order batsmen Kusal Mendis and Avishka Fernando both slammed centuries to lead Sri Lanka to an imposing 324-5 in the rain-interrupted first one-day international against New Zealand on Wednesday.The duo stitched together a 206-run...

bKash wins 'Visa Payment Excellence Awards-2024'

2024-11-14 00:00:00

bKash, the country's largest mobile financial services (MFS) provider, has won the "Visa Payment Excellence Awards-2024" in two categories for its significant contribution to the digital payment ecosystem. By enabling highest volume of transactions through bKash wallet, the company has...

Islami Bank relocates Kanchpur Branch

2024-11-14 00:00:00

The Kanchpur Branch of Islami Bank Bangladesh PLC has been shifted to Habibullah Tower, Kanchpur, Narayanganj. Mohammed Monirul Moula, managing director of the bank, inaugurated the branch at the new location on Tuesday as the chief guest.

IBCF meeting reviews Islamic Banking Act-2024

2024-11-14 00:00:00

A meeting of Islamic Banks Consultative Forum (IBCF) was held recently, with Mohammad Abdul Mannan, the Chairman of IBCF and First Security Islami Bank PLC, in the chair. The meeting discussed in details the proposed draft of Islamic Banking Act-2024...

Global EV sales up 35PC in October

2024-11-14 00:00:00

Global sales of fully electric and plug-in hybrid vehicles rose 35 per cent in October from the same month last year, led by a 54 per cent jump in sales in China, market research firm Rho Motion said on Wednesday,...

France-Bangladesh chamber hosts networking event

FE REPORT | 2024-11-14 00:00:00

The France Bangladesh Chamber of Commerce and Industry (CCIFB) on Wednesday arranged a business networking event, with a focus on internal development and strengthened bilateral ties between the two countries' businesspeople.It hosted senior executives, entrepreneurs, and industry experts from both...

Global luxury sales to fall 2pc in 2024, among weakest years on record

2024-11-14 00:00:00

MILAN, Nov 13 (Reuters): Sales of personal luxury goods are set to fall 2 per cent this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry's customer base, according to consultancy...

Chief Adviser Prof Muhammad Yunus holds talks with Social Business Group

2024-11-14 00:00:00

Chief Adviser Prof Muhammad Yunus holds talks with Social Business Group on the sidelines of the 29th Conference of Parties (COP29) in Baku, Azerbaijan on Wednesday.—PID

Update labour law, ensure decent working conditions in RMG sector

FE REPORT | 2024-11-14 00:00:00

Bangladesh needs to work more on updating its labour law, regulations and policies for ensuring decent working conditions in its garment sector and achieving sustainable development goals by 2030.Even though Bangladesh is about to graduate from the least developed country...

Bitcoin rises above $90,000

2024-11-14 00:00:00

Bitcoin charged past the $90,000 level on Wednesday, as its relentless rally showed no signs of easing on expectations that Donald Trump as US president and his administration will be a boon for cryptocurrencies, reports Reuters.The world's biggest cryptocurrency has...

COLLEGE STUDENT WINS TK 2M IN WALTON'S 'DOUBLE MILLION' OFFER

2024-11-14 00:00:00

Md Rashed Ali, a college student from Meherpur, has won Tk 2.0 million after purchasing a Walton brand refrigerator as part of the company's ongoing 'Digital Campaign Season-21'. The Season's 'Double Million' offer, which started on October 10, provides customers...

BRAC BANK CONDUCTS CPR AND FIRST AID TRAINING

2024-11-14 00:00:00

Reinforcing its commitment to a healthy workplace, BRAC Bank recently hosted an awareness training programme focused on life-saving cardiopulmonary resuscitation (CPR) and First Aid techniques for its coworkers. A total of 50 Dhaka-based officials took part in the training. From...

Pran-RFL's new agro-processing park to create 3,000 jobs

FE REPORT | 2024-11-14 00:00:00

The Kaliganj Agro Processing Limited (KAPL), an industrial park being developed by one of Bangladesh's leading conglomerates, Pran-RFL Group, is progressing rapidly. With an investment of Tk 7.5 billion already made out of a total projected investment of Tk 15...

Amazon, IKEA join ocean cargo shippers to boost demand for new green fuels

2024-11-14 00:00:00

Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping firms for the first time to bid on a contract in January to move their cargo on vessels powered by near-zero...

NBR faces revenue shortfall in first four months of FY25

2024-11-14 00:00:00

The National Board of Revenue (NBR) has fallen behind in revenue collection for the first four months of the current FY24-25, according to officials data made available on Wednesday.The revenue collection saw a shortfall of Tk 307.67 billion at the...

Tax measures on plastic waste collection contradict environmental goals

FE REPORT | 2024-11-14 00:00:00

Existing tax measures on the collection of plastic waste seem contradictory to the government's stance to curb environmental pollution, speakers said during a dialogue organised by Business Initiative Leading Development in the capital.Currently, a Value Added Tax (VAT) is imposed...

India's markets regulator proposes tighter regulations for custodians

2024-11-14 00:00:00

BENGALURU, Nov 13 (Reuters): India's markets regulator on Wednesday proposed changes to the regulatory framework for custodians, including doubling their minimum net worth requirement.Custodians provide services such as safekeeping of assets and maintenance of securities accounts for clients like foreign...

Most Gulf markets ease ahead of US inflation print

2024-11-14 00:00:00

Most stock markets in the Gulf fell in early trade on Wednesday, tracking Asian shares lower ahead of key US inflation data later in the day, which could signal the pace of Federal Reserve policy easing, reports Reuters.The Consumer Price...

Pubali Bank holds workshop on 'Cyber Security Awareness'

2024-11-14 00:00:00

ICT Operation Division of Pubali Bank recently arranged a virtual workshop on 'Cyber Security Awareness'. Mohammad Ali, managing director & CEO of Pubali Bank, inaugurated the workshop as the chief guest. Deputy Managing Directors Mohammad Esha, Mohammad Shahadat Hossain, Ahmed...

Southeast Bank extends financial support to Chattogram Veterinary and Animal Sciences University

2024-11-14 00:00:00

Southeast Bank has extended its financial support from special CSR fund to Chattogram Veterinary and Animal Sciences University to facilitate research. The financial assistance was handed over to Dr. Mohammad Lutfur Rahman, vice chancellor of the university, in presence of...

MODHUMOTI BANK HOLDS 40TH MEETING OF RISK MANAGEMENT COMMITTEE

2024-11-14 00:00:00

The 40th meeting of the risk management committee of Modhumoti Bank was held on Wednesday. The meeting was presided over by Mr. Mostafa Kamal, chairman of the committee. Md. Shafiul Azam, managing director and chief executive officer; and Arab Fazlur...

PRIME EXCHANGE RECEIVES 'EXEMPLARY DEDICATION SERVICE AWARD'

2024-11-14 00:00:00

Prime Exchange, a wholly owned subsidiary of Prime Bank, recently received 'Exemplary Dedication Service Award' Remittance Association Singapore for ensuring seamless remittance services in Singapore. Mr Shawn Huang, senior parliamentary secretary for education and finance, handed over the award recently...

BSRM Steels to open new plant in Jan, expects a boost to revenue

FE REPORT | 2024-11-14 00:00:00

BSRM Steels is going to launch its new plant at Mirsarai in January next year of an annual production capacity of 0.6 million tonnes of MS (Mild Steel) Rods, with an expectation for revenue boost. The country's largest steel manufacturer...

News in Brief -2024-11-14

2024-11-14 00:00:00

Woman, two daughters die of poisoning in Brahmanbaria A woman and her two children have allegedly died after ingesting poison in Brahmanbaria's Sadar Upazila. Riaz Uddin Mitul, a doctor at the emergency department at Brahmanbaria Sadar Hospital, declared them dead...

Fortune smiles on vermicompost producers in Rangpur

OUR CORRESPONDENT | 2024-11-14 00:00:00

RANGPUR, Nov 13: A growing number of entrepreneurs across different upazilas in the district have changed their fortune through commercial production of vermicompost, an organic fertiliser made using earthworms.Many are expressing their interests in the production of vermicompost thanks to...

Pricey potato seeds frustrate Lalmonirhat farmers

OUR CORRESPONDENT | 2024-11-14 00:00:00

LALMONIRHAT, Nov 13: Several thousand potato farmers in Lalmonirhat and nearby districts in northern Bangladesh are worried about the high prices of potato seeds. They say high seed prices will affect cultivation this season. Atoar Rahaman, a farmer from the...