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Six industrial enterprises of embroiled S Alam shut

NAZIMUDDIN SHYAMOL | 2024-12-25 00:00:00

CHATTOGRAM, Dec 24: Gates of six factories here of the embroiled S Alam Group, including power plant and sugar refinery, were shut on the staffs indefinitely without citing grounds.Witnesses said the suddenly laid-off staffers kept staging factory-gate demonstrations, in one...

Xmas Day today

2024-12-25 00:00:00

Today is Christmas Day, the birthday of Jesus Christ, Jewish preacher and religious leader of the first-century, reports BSS.The Christians of different groups in Bangladesh and elsewhere across the world will celebrate the day amid festivity and religious fervour.They will...

Weather (2024-12-25)

2024-12-25 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country until 6:00 pm today (Wednesday), according to the Met Office.Light to moderate fog may occur at places over the country during midnight till morning.Night temperature may rise slightly...

Dengue claims one more life--

2024-12-25 00:00:00

One more person died of dengue in the 24 hours until Tuesday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 565 this year, reports UNB.During the period, 125 more patients were hospitalised with viral fever,...

Two PSC staffers on remand over BCS question leak

2024-12-25 00:00:00

A Dhaka court has placed two staffers of the Public Service Commission (PSC) on a five-day remand each in a case lodged with the capital's Paltan Model Police Station over alleged leaking of BCS question papers, reports BSS.They are office...

Verma optimistic about better Dhaka-Delhi relations

2024-12-25 00:00:00

Indian High Commissioner to Bangladesh Pranay Verma has expressed optimism about the strength of Bangladesh-India relations, emphasising that the two neighbors offer unique opportunities to each other that are hard to find elsewhere, reports BSS."We need to look at our...

Journalist Reaz Uddin Ahmed’s death anniv today

2024-12-25 00:00:00

Today (December 25) marks the Third death anniversary of eminent journalist and Editor Reaz Uddin Ahmed. Late Reaz Uddin Ahmed was the founding Chief Editor and Managing Director of Financial Express, and was the founder editor and publisher of News...

No-frill account deposits fall 4pc in July-Sept

SAJIBUR RAHMAN | 2024-12-25 00:00:00

The decline in the no-frill account (NFA) deposits during the July-September 2024 quarter could potentially limit access to credit for low-income individuals and small businesses.A latest Bangladesh Bank report revealed total deposits in the Tk 10/50/100 accounts stood at Tk...

Ex-secy Ismail shown arrested in ACC case

2024-12-25 00:00:00

A Dhaka court has shown Ismail Hossain, former secretary of the food ministry, arrested in a case filed by the Anti-Corruption Commission (ACC), report agencies.The case was mainly filed against former food minister Sadhan Chandra Majumder.Vacation Judge of Dhaka Metropolitan...

BNP leader Pintu released from jail after 17 years

2024-12-25 00:00:00

BNP leader Pintu released from jail after 17 years Abdus Salam Pintu, BNP vice-chairman and former deputy minister, has been released from Kashimpur Central Jail in Gazipur after nearly 17 years in prison, report agencies.Pintu, who was arrested in connection...

There will be no differences based on religion in country: Jamaat chief

2024-12-25 00:00:00

GAIBANDHA, Dec 24(BSS): Bangladesh Jamaat-e-Islami Ameer Dr Shafiqur Rahman has said Bangladesh will be a discrimination free country in future and there will be no differences between the majority and minorityon the basis of religion."Bribery and corruption should be eradicated...

ICT issues arrest warrants against ex-MP, four cops

2024-12-25 00:00:00

Burning six bodies in Ashulia ICT issues arrest warrants against ex-MP, four cops.The International Crimes Tribunal(ICT) has issued warrants for the arrest of former Dhaka-19 MP Saiful Islam and four police officers in a case over burning the bodies of...

BNP will never accept AL terrorists, mass killers

2024-12-25 00:00:00

THAKURGAON, Dec 24 (UNB): BNP Secretary General Mirza Fakhrul Islam Alamgir has said those responsible for mass killings during the Awami League's rule as well as the party's terrorists will never be accepted by the BNP."Our leaders and activists were...

RUNNER AUTOMOBILES AGM APPROVES CASH DIVIDEND

2024-12-25 00:00:00

The 24th Annual General Meeting (AGM) of Runner Automobiles PLC, a listed engineering company, was held at Kurmitola Golf Club in Dhaka on Monday. At the meeting, shareholders approved 11% cash dividend for general shareholders and 1% for sponsor-directors for...

People's Insurance Company Board meeting held

2024-12-25 00:00:00

The 440th meeting of the Board of Directors of People's Insurance Company Limited was held at PHP Family's Farm House at Bhatiari in Chattogram on Saturday. The meeting was chaired by company Chairman Zafar Ahmed Patwari. Chairman of PHP Family...

BD in talks with South Korea on Economic Partnership Agreement

2024-12-25 00:00:00

Bangladesh has launched a negotiation formally with South Korea on an Economic Partnership Agreement (EPA) in an effort to open a broader window for economic cooperation between the two countries."The Council of Advisers has been informed about the launching of...

400,000 tonnes of DAP to be imported annually from KSA

2024-12-25 00:00:00

Bangladesh will import 400,000 tonnes of Di-ammonium phosphate (DAP) fertiliser annually from the Kingdom of Saudi Arabia (KSA) for the next two years, reports BSS.An agreement in this regard was signed between Saudi state-owned company Ma'aden and Bangladesh Agricultural Development...

EXIM BANK INAUGURATES 155TH BRANCH IN NARAYANGANJ

2024-12-25 00:00:00

EXIM Bank inaugurated its 155th branch in Narayanganj's Araihazar on Tuesday. Mohammad Feroz Hossain, managing director and chief executive officer of the bank, inaugurated the branch as the chief guest. Md. Anisul Alam, the bank's regional manager for Dhaka South,...

PREMIER BANK moves DHAKA EPZ BRANCH

2024-12-25 00:00:00

The Premier Bank recently shifted its Dhaka EPZ branch to a spacious new spot on the second floor of Commercial Complex of Dhaka EPZ, Savar. The new branch aims to provide modern and “best-in-class” customer services. Mohammad Abu Jafar, managing...

UCB STOCK BROKERAGE WINS PRESTIGIOUS QUALITY CHOICE PRIZE AWARD 2024

2024-12-25 00:00:00

UCB Stock Brokerage has recently won Quality Choice Prize Award 2024 from European Society for Quality Research. The award ceremony, held in Vienna, Austria, on December 9, honoured organisations from across the globe for their exceptional dedication to quality management,...

Investit Growth Fund to be launched on Jan 1

FE REPORT | 2024-12-25 00:00:00

Fund manager Investit Asset Management has taken a move to launch its first open-ended mutual fund named Investit Growth Fund.The initial size of the fund is Tk 250 million, with the sponsor of the fund, Investit Asset Management, contributing Tk...

PUBALI BANK SECURES ISO/IEC CERTIFICATION

2024-12-25 00:00:00

Pubali Bank has achieved the international standard ISO/IEC 27001:2022 certification in the field of information security management. The ceremony to hand over the certificate was held at the bank's head office on Tuesday. Neyamul Hasan, country managing director of Intertek...

HR Textile endures record loss for gas, electricity supply shortage

FE REPORT | 2024-12-25 00:00:00

HR Textile made a loss in FY24 higher than double its aggregate profit in the preceding five years due to what it said is gas and electricity supply shortage. Its negative earnings of Tk 574.78 million in FY24 far outstripped...

Market turnover lowest in 5 months as fixed assets gain popularity

FE REPORT | 2024-12-25 00:00:00

The daily trade turnover on the Dhaka Stock Exchange (DSE) plunged to five-month low on Tuesday as investors were mostly reluctant to make fresh investments in stocks due to the bleak market outlook.Market analysts said investors were unwilling to inject...

PRIME BANK PARTNERS WITH LION KALLOL LIMITED

2024-12-25 00:00:00

Prime Bank PLC has recently signed an agreement with Lion Kallol Limited at the bank's corporate office. Under the agreement, the employees of Lion Kallol will receive preferential services, including access to credit card and loan facilities from Prime Bank....

JAMUNA BANK LAUNCHES BANCASSURANCE SERVICES WITH DELTA LIFE

2024-12-25 00:00:00

Jamuna Bank has officially launched bancassurance services. As a result, customers can take various insurance policies of Delta Life through Jamuna Bank. This initiative aims to make insurance products and services easier for the customers. The launch event was held...

Risks stack up for global economy in 2025

2024-12-25 00:00:00

No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new set of challenges opened up for 2025, reports Reuters.In 2024, the world's central banks were finally able to start...

Edn sector may get increased allocation in FY 25-26

2024-12-25 00:00:00

The country's education sector is likely to get a significant boost in budgetary allocation in the upcoming 2025-26 fiscal year, aiming to enhance the quality of education and align it with international standards, reports UNB.Planning and Education Adviser Dr. Wahiduddin...

DIFE makes 11-point reform proposal

FE REPORT | 2024-12-25 00:00:00

The Department of Inspection for Factories and Establishment (DIFE) on Tuesday put forward an 11-point reform proposal, including increasing penalty for violation of labour law and making labour license mandatory before starting any factory production.The DIFE in a meeting with...

Konstas to open for Australia in India Test

2024-12-25 00:00:00

MELBOURNE, Dec 24 (AFP): Sam Konstas will open the batting for Australia in the fourth Test against India, coach Andrew McDonald said Tuesday, while voicing confidence leading batsman Travis Head will be fit to play.Konstas was called up after selectors...