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Nat'l Revolutionary Council forms convening committee

2024-12-19 00:00:00

National Revolutionary Council, a new political party, has announced a 77-member convening committee, reports UNB.Anisur Rahman, a former student of Dhaka University, was made its chairman while Mohammad Shafiur Rahman its organising chief, said a press release on Wednesday.Besides, Khomeni...

Modi demeans Liberation War of Bangladesh: Rizvi

FE REPORT | 2024-12-19 00:00:00

Bangladesh Nationalist Party (BNP) Senior Joint Secretary General Ruhul Kabir Rizvi, on Wednesday, said no country in the world except India had supported the autocratic Sheikh Hasina regime over the last 16 years.Alleging that the Indian Prime Minister has demeaned...

Tarique urges BNP activists to prioritise reform, not revenge

2024-12-19 00:00:00

BNP Acting Chairman Tarique Rahman has urged his party leaders and workers to respond to their oppressors by making the party's 31-point proposal a success, rather than resorting to reprisal and revenge, reports UNB."If you want to respond to the...

Malaysia's exports grow 4.1pc on year in November

2024-12-19 00:00:00

KUALA LUMPUR, Dec 18 (Xinhua): Malaysia's exports increased for the second consecutive month, growing by 4.1 per cent year on year to 126.57 billion ringgit (28.31 billion U. S. dollars) in November, official data showed Wednesday.The increase in exports was...

UK inflation rises further above Bank of England's target

2024-12-19 00:00:00

LONDON, Dec 18 (AP): Inflation in the UK has risen to its highest level since March, driven by an increase in fuel prices last month, official figures showed Wednesday.The Office for National Statistics said consumer price inflation rose by 2.6...

Amazon faces US strike threat ahead of Christmas

2024-12-19 00:00:00

Amazon workers in the US could go on strike ahead of Christmas, after members of the Teamsters union voted to support industrial action, reports BBC.The workers say the online retail giant has refused to recognise their union and ignored a...

JBC Jatyotabadi Kormochari Union HOLDS prize giving ceremony

2024-12-19 00:00:00

An intra-sports and prize giving ceremony organised by the Jibon Bima Jatyotabadi Kormochari Union Reg B-2077 of Jibon Bima Corporation (JBC) was held at its conference room in the city on Tuesday on the occasion of Victory Day. Managing Director...

Meghna Bank holds Annual Risk Conference-2024

2024-12-19 00:00:00

Meghna Bank PLC organised the Annual Risk Conference-2024 at the bank's Head Office in Dhaka recently. ANM Moinul Kabir, Director, Department of Off-site Supervision, and Mahmuda Haque, Joint Director, Department of Off-site Supervision, Bangladesh Bank, were present as the chief...

ADN Telecom holds 21st Annual General Meeting

2024-12-19 00:00:00

ADN Telecom Limited held its 21st Annual General Meeting (AGM) at a hotel in Dhaka on Wednesday. This was the company's first hybrid AGM since its stock exchange listing, offering both in-person attendance and virtual participation via a dedicated online...

Crown Cement approves 21pc cash dividend

2024-12-19 00:00:00

Shareholders of Crown Cement PLC have approved 21 per cent cash dividend for the year ended 30 June 2024. The approval came at the 30th Annual General Meeting (AGM) of the company held virtually on Wednesday. Mohammed Jahangir Alam, Chairman...

Square Textiles AGM approves 32pc cash dividend

2024-12-19 00:00:00

Square Textiles PLC declared a 32% cash dividend for its shareholders for the year ended June 30, 2024 at its 29th Annual General Meeting held virtually on Wednesday. The AGM was presided over by Chairman of the company Tapan Chowdhury....

ONE Bank holds Annual Risk Conference 2024

2024-12-19 00:00:00

ONE Bank PLC organised a daylong 'Annual Risk Conference 2024' for Executives and Officers of CHQ and Branches at a hotel in Dhaka. The objective of the Conference was to deepen participants' understanding of the diverse risk factors affecting banks,...

M A Jabbar elected as BSIA president

2024-12-19 00:00:00

M A Jabbar, Managing Director of Neural Semiconductor Limited & DBL Group, has been elected as president of Bangladesh Semiconductor Industry Association (BSIA) for the term 2024-2027.And Mahbube Elahi Chowdhury, Managing Director of Mars Solutions Limited, was elected as senior...

Ensuring expats’ voting rights crucial as remittance inflow surges: Asif Nazrul

2024-12-19 00:00:00

Expatriates' Welfare and Overseas Employment Adviser Dr Asif Nazrul on Wednesday emphasised the importance of ensuring voting rights for expatriates, citing it as a critical step towards their greater inclusion in the nation's democratic processes.Speaking at the International Migrants Day...

MODHUMMOTI BANK HOSTS 41ST RISK COMMITTEE MEETING

2024-12-19 00:00:00

Modhumoti Bank hosted its 41st meeting of the risk management committee on Wednesday. Mostafa Kamal, chairman of the board's risk management committee, presided over the meeting. Md. Shafiul Azam, managing director and chief executive officer, and Arab Fazlur Rahman, deputy...

MIDLAND BANK, EXPOSE FURNITURE SIGN MOU TO CATER TO CUSTOMERS

2024-12-19 00:00:00

Midland Bank (MDB) recently signed a memorandum of understanding (MoU) with Expose Furniture. MDB Visa credit cardholders will enjoy EMI facility for up to 24 months at a zero per cent interest rate in furniture purchases from the outlets of...

METLIFE CEO MEETS SOUTHEAST BANK CHAIRMAN -

2024-12-19 00:00:00

Alauddin Ahmad, chief executive officer of MetLife Bangladesh, paid a courtesy visit to M.A. Kashem, chairman of Southeast Bank, at the bank's head office on Tuesday. Nuruddin Md. Sadeque Hussain, managing director of Southeast Bank, was also present at the...

Donald Trump will meet his match in bond markets

2024-12-19 00:00:00

WASHINGTON, Dec 18 (Reuters Breakingviews): Donald Trump has bullied and bluffed his way through boardrooms, backrooms, newsrooms, courtrooms and even the White House Situation Room. There's no room, however, for his blustering bravado in the bond market.The president-elect's policy agenda...

CCBL rejects Dhaka exchange's request for procurement suspension

FARHAN FARDAUS | 2024-12-19 00:00:00

Central Counterparty Bangladesh Limited (CCBL) has rejected the Dhaka Stock Exchange's (DSE) request to suspend procurement activities, saying the request is legally invalid.On December 10, the prime bourse, which owns a 45% stake in CCBL, expressed concerns over CCBL's procurement...

AFC predicts bullish Bangladesh stock market in H2 of 2025

BABUL BARMAN | 2024-12-19 00:00:00

Global fund manager Asia Frontier Capital (AFC) predicted a bullish outlook for Bangladesh's stock market towards the second half of the next year, driven by an economic turnaround.Although Asian frontier markets have significantly outperformed the region for a second year...

Banks honoured with Remittance Award 2024

2024-12-19 00:00:00

The Ministry of Expatriates' Welfare and Overseas Employment honoured several banks with the Remittance Award 2024 for collecting a significant amount of remittance in fiscal year 2023-2024. Expatriates' Welfare and Overseas Employment Adviser Asif Nazrul handed over the awards to...

Square Pharma AGM approves 110pc Cash Dividend

2024-12-19 00:00:00

Square Pharmaceuticals PLC declared a 110 per cent cash dividend for its shareholders for the year ended 30 June 2024 at its 58th Annual General Meeting held virtually on Wednesday. The AGM was presided over by Chairman of the company...

1,900 tonnes of Indian potatoes arrive to cool markets

2024-12-19 00:00:00

BENAPOLE, Dec 18 (UNB): Amid overheated local markets, another shipment of 1,900 tonnes of potatoes arrived in Bangladesh from neighbouring India, officials said on Wednesday.An Indian freight train, carrying the potatoes, arrived at Benapole Rail Station through the country's largest...

All overdue LC payments to be cleared within a month

2024-12-19 00:00:00

All overdue payments relating to Letters of Credit (LCs) will be cleared within one month, said Bangladesh Bank (BB) Governor Dr Ahsan H Mansur. "We've told the banks that since you've opened it, you will have to settle it. The...

ICT stakeholders urge Japan to open jobs for Bangladeshi youths

FE REPORT | 2024-12-19 00:00:00

ICT sector stakeholders have urged Japan to create employment opportunities for Bangladeshi youths in Japan.They made the call at an event titled 'BASIS Japan Day 2024' at a hotel in Dhaka on Tuesday. Japanese Ambassador IWAMA Kiminori was present as...

Post-LDC era: Dhaka seeks duty-free access for BD products in Sweden

FE REPORT | 2024-12-19 00:00:00

Dhaka has sought duty-free and quota-free access for Bangladeshi products in the Swedish market in the post-least developed country (LDC) period.This came when Swedish Ambassador to Bangladesh Nicolas Weeks paid a courtesy call on Commerce Adviser Sk Bashir Uddin at...

Two drug traders held with intoxicating tablets in Dinajpur

2024-12-19 00:00:00

DINAJPUR, Dec 18 (BSS): Police in a drive arrested two alleged drug peddlers with 22,000 pieces of smuggled intoxicating tablets worth about Taka 5 million (50 lakh) from Kamdia road area under Ghoragjat upazila of the district on Wednesday.The arrested...

Tangail road accident kills two

2024-12-19 00:00:00

TANGAIL, Dec 18 (BSS): Two people were killed as their motorcycle collided head-on with a pickup van in Borobaide area under Madhupur upazila of the district early Wednesday morning.The deceased were Hafej Habibur Rahman, 20, son of Jalal Uddin, a...

Kishoreganj farmers busy preparing Boro seedbeds

2024-12-19 00:00:00

KISHOREGANJ, Dec 18 (UNB): Farmers in Kishoreganj, the hub of agricultural activity in the region, are diligently preparing seedbeds for Boro paddy cultivation, as they anticipate a bumper harvest this year.Agriculture is the primary livelihood source for many in the...

Services stymied at understaffed Chandpur Head Post Office

OUR CORRESPONDENT | 2024-12-19 00:00:00

CHANDPUR, Dec 18: Chandpur Head Post Office in Chandpur district has been facing difficulties in delivering services to the townspeople for many years for want of required number of postmen.In the past, ten postmen used to deliver letters, parcels etc...