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RFL starts exporting geysers to Oman

2024-11-05 00:00:00

RFL, one of the country's leading business conglomerates, has started exporting geysers to Oman.The first consignment of geysers was dispatched to Oman recently from the factory of Rangpur Metal Industries Ltd, a concern of RFL Group, says a press release.At...

ADP project directors urged to update data in e-PMIS

2024-11-05 00:00:00

Project directors (PDs) under the Annual Development Programme (ADP) have been urged to update all the project data in the electronic Project Management Information System (e-PMIS) of Implementation Monitoring and Evaluation Division (IMED).The call was made at a dissemination workshop...

MTB INKS DEAL WITH DZN LABELS FOR PAYROLL SERVICES

2024-11-05 00:00:00

Mutual Trust Bank (MTB) recently signed an agreement with DZN Labels to provide payroll banking services to its employees. The ceremony was held on October 28, 2024, at the MTB's corporate head office in the capital's Gulshan. The bank's Deputy...

SOUTHEAST BANK PROVIDES CSR FUND TO BAU FOR AGRI RESEARCH

2024-11-05 00:00:00

Southeast Bank extended financial support to Bangladesh Agricultural University (BAU) for agricultural research under its 'Special CSR Fund'. The funds under corporate social responsibility (CSR) was handed over to Bangladesh Agricultural University Research System Director Professor Dr. M. Hammadur Rahman,...

City Bank's operating profit rises 77pc

2024-11-05 00:00:00

City Bank reported an operating profit of Tk 16.53 billion for the duration from January to September, representing a 77 per cent growth compared to the previous year, according to a press release issued on Monday.However, due to high provisioning,...

Stocks rebound on high hopes after capital gain tax cut

FE REPORT | 2024-11-05 00:00:00

Stocks rebounded strongly on Monday, after a single-day break, as investor confidence was boosted by the news of capital gain tax cut for individual investors.The market appeared subdued initially and remained volatile until the first half of the session. However,...

Listed cos say few female candidates up for board positions

MOHAMMAD MUFAZZAL | 2024-11-05 00:00:00

Listed companies are yet to comply with the mandatory provision of appointing at least one female independent director in their boards but they put the blame on lack of eligible candidates.Only a handful of organisations among those listed, including BRAC...

StanChart, British Int’l Investment to support trade finance for SMEs

2024-11-05 00:00:00

Standard Chartered, a leading international cross-border bank, and British International Investment (BII), the UK's development finance institution (DFI) and impact investor, on Monday announced the signing of a $350 million risk participation agreement. This facility aims to bolster the trade...

Citizens Bank opens Agrabad branch

2024-11-05 00:00:00

Mohammad Masoom, Managing Director & CEO of Citizens Bank PLC, formally inaugurated the bank's branch at Agrabad in Chattogram on Sunday in presence of local elite, prominent businesspersons and other senior officials of the bank.

DHAKA BANK RELOCATES CEPZ SME SERVICE CENTER

2024-11-05 00:00:00

Dhaka Bank PLC relocated its CEPZ SME Service Center & Offshore Banking Unit to new premises at Commercial Complex, Dakshin Halishahar, Chattagram EPZ, on Sunday. Abdul Hai Sarker, Chairman of Dhaka Bank, inaugurated the relocated branch as the chief guest....

BRAC Bank achieves Tk 300b retail deposit milestone

2024-11-05 00:00:00

BRAC Bank has achieved a significant milestone, surpassing the Tk 300 billion mark in retail deposits at the end of October 2024, says a statement.The bank's robust retail deposit growth clearly indicates the growing confidence among customers who trust BRAC...

Push for separate interest rate for shrimp industry

FE REPORT | 2024-11-05 00:00:00

Frozen food exporters have called for a separate interest rate for the shrimp industry in order to generate more export earnings from the sector.Their other demands include declaring shrimp as an agriculture product like jute and establishing dedicated economic zones...

Islami Bank gets six new DMDs

2024-11-05 00:00:00

Islami Bank Bangladesh PLC has promoted its six officials to Deputy Managing Directors. They are Mahmudur Rahman, Md Rafiqul Islam, Muhammad Sayeed Ullah, KM Munirul Alam Al-Mamoon, Dr M. Kamaluddin Jasim and Md Maksudur Rahman. Earlier, they were serving as...

S Korea urged to invest more in Bangladesh

FE REPORT | 2024-11-05 00:00:00

Chief Adviser Prof Muhammad Yunus on Monday urged South Korea to invest more in Bangladesh and recruit more Bangladeshi workers, especially in their shipbuilding industry, for mutual benefits.Professor Yunus made the call when Park Young-sik, the South Korean Ambassador in...

Previous govt clipped BTRC’s wings to curtail independence

FE REPORT | 2024-11-05 00:00:00

Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Maj Gen (retd) Md Emdad Ul Bari on Monday said the previous government had clipped the wings of the commission to curtail its independence. He said the BTRC had become a "farcical commission" following...

Minor boy drowns in Kurigram pond

2024-11-05 00:00:00

KURIGRAM, Nov 04 (BSS): A minor boy drowned in a pond at Bamantari village in Nageshawri upazila of the district on Monday.The victim was Meraz Babu, 04, son of Al Amin, a resident of the village.

Two workers killed in Patuakhali wall collapse

2024-11-05 00:00:00

PATUAKHALI, Nov 04 (UNB): Two workers were killed when an old wall of a shop collapsed on them at Keranipara in Kuakata of Patuakhali district on Monday.The deceased were identified as Abu Bakkar, 42, son of Abdur Rahman, and Kamal...

Banana cultivation on increase in Gaibandha

OUR CORRESPONDENT | 2024-11-05 00:00:00

GAIBANDHA, Nov 04: Banana cultivation is increasing gradually in the district as farmers get huge profits due to its low production cost.Official sources said different varieties of banana grow commercially in the northern district.Many farmers have achieved prosperity through the...

Tk3.0b rehabilitation project underway in 7 haor districts

OUR CORRESPONDENT | 2024-11-05 00:00:00

SYLHET, Nov 04: With a target to rehabilitate the crop damage, inflicted by the massive flood in 2022, a comprehensive project has been initiated in the country's haor region, comprising seven districts. Designed to reconstruct the agricultural landscape damaged by...

Valencia given another Copa del Rey postponement after floods

2024-11-05 00:00:00

VALENCIA, Spain, Nov 04 (AFP): Valencia's Copa del Rey first round match against Parla Escuela was postponed again on Monday after the devastating flooding in the region.The club had requested a second postponement of the game due to take place...

Cummins sees off fiery Rauf to seal tight win

2024-11-05 00:00:00

MELBOURNE, Nov 04 (AFP): Skipper Pat Cummins kept his cool under pressure with a gritty unbeaten 32 to steer Australia to a nervy two wicket defeat of Pakistan in the first of three one-day internationals on Monday.Chasing 204, they reached...

Rohit, Kohli under fire as India chews over 'tough pill' of New Zealand loss

2024-11-05 00:00:00

MUMBAI, Nov 04 (AFP): Virat Kohli and Rohit Sharma came under fire on Monday as India chewed over a 3-0 Test series home defeat to New Zealand, with critics calling the team ageing and low on confidence.The cricket superpower went...

Martinez's header gives Intera 1-0 win over Venezia

2024-11-05 00:00:00

MILAN, Nov 04 (Reuters): Inter Milan clinched a hard-fought 1-0 home victory over Venezia when a second-half header from Lautaro Martinez proved enough to seal the Serie A clash on Sunday.Inter are now in second place in the table with...

Players of Bangladesh cricket team attend a practice session

2024-11-05 00:00:00

Players of Bangladesh cricket team attend a practice session at Sharjah Cricket Stadium in UAE on Monday, ahead of their ODI series against Afghanistan which will start on November 06 — BCB

Tigresses set to host SA, Windies, SL, Zimbabwe

2024-11-05 00:00:00

Bangladesh will host South Africa, West Indies, Sri Lanka and Zimbabwe in home series as the International Cricket Council (ICC) on Monday gave significance to Test matches and bilateral rubbers while announcing women's cricket Future Tours Programme (FTP) for the...

Indonesia volcano eruption kills 10

2024-11-05 00:00:00

JAKARTA, Nov 04 (Reuters): At least 10 people died after Mount Lewotobi Laki-laki in eastern Indonesia erupted near midnight on Sunday, spewing explosive plumes of lava and forcing authorities to evacuate several nearby villages, officials said on Monday.Mount Lewotobi Laki-laki,...

Deceptive 'pro-Harris' manifesto tied to pro-Trump group

2024-11-05 00:00:00

NEW YORK, Nov 04 (AFP/BBC): It looks like Kamala Harris's political manifesto, but the catchily titled "Progress 2028" is actually a fake document that a funding watchdog says was produced by a dark money group with ties to Donald Trump's...

Spain's king, queen pelted with mud in flood-hit Valencia

2024-11-05 00:00:00

VALENCIA, Nov 04 (BBC): The king and queen of Spain have been pelted with mud and other objects by angry protesters during a visit to flood-hit Valencia. Shouts of "murderer" and "shame" were directed at the royal couple as they...

36 dead as overcrowded bus meets accident in N India

2024-11-05 00:00:00

LUCKNOW, Nov 04 (AP): A poorly maintained and overcrowded bus veered off the road and plunged into a deep gorge in northern India on Monday, killing at least 36 people and injuring several others, officials said.The accident occurred in Almora...

Swing states will decide US election

2024-11-05 00:00:00

NEW YORK, Nov 04 (Reuters): The winner of Tuesday's US presidential election will govern a nation of more than 330 million people, but the contest will almost certainly be decided by just tens of thousands of voters - a tiny...