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US stresses labour law reforms, BD seeks fair prices

FE REPORT | 2024-12-11 00:00:00

The US Trade Representative (USTR) on Tuesday stressed labour law reforms as well as lowering the threshold requirement for trade union registration and bilateral trade between the two countries. On the other hand, Bangladeshi apparel makers pressed for fair prices...

India's market regulator warns against trading in unlisted securities via unauthorised platforms

2024-12-11 00:00:00

BENGALURU, Dec 10 (Reuters): India's markets regulator on Monday warned investors against making transactions with unauthorised electronic platforms offering unlisted securities of public companies.The Securities and Exchange Board of India (SEBI), in a press release, said certain electronic platforms and...

Hong Kong and Shanghai's China rally fades but Seoul rebounds

2024-12-11 00:00:00

HONG KONG, Dec 10 (AFP): An early rally in Hong Kong and Shanghai stocks evaporated Tuesday with traders tempering initial excitement about China's pledge to adopt a looser monetary policy as they awaited more details about the plan.Seoul, however, held...

China ready to go deeper into debt to counter Trump's tariffs

2024-12-11 00:00:00

BEIJING, Dec 10 (Reuters): In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is needed to counter the impact of expected US trade tariffs on...

Copper prices slip under pressure from China trade data

2024-12-11 00:00:00

LONDON, Dec 10 (Reuters): Copper prices in London eased on Tuesday, reversing part of Monday's 1.2% climb, under pressure from a slowdown in China's export growth and a stronger dollar, while the market awaits more clues on China's 2025 key...

US dollar rises

2024-12-11 00:00:00

The dollar rose on Tuesday ahead of US inflation data that could offer clues about the Federal Reserve's monetary-easing path, while analysts assess the likely impact of President-elect Donald Trump's policies when he begins his second term, reports Reuters.The Australian...

Sonali Bank holds view-exchange meeting on recovery of loans

2024-12-11 00:00:00

Sonali Bank PLC arranged a view-exchange meeting with its high officials on recovery of classified loans, disbursement of new loans and foreign remittance collection at the bank's head office on Tuesday. MD & CEO Md. Shawkat Ali Khan attended the...

RUPALI BANK OPENS 'BALUGHAT SUB-BRANCH'

2024-12-11 00:00:00

Rupali Bank PLC has opened its 34th sub-branch namely 'Balughat Sub-branch' at ECB Chattar adjacent to Dhaka Cantonment. This sub-branch is under the Dhaka Cantonment Corpotare Branch. Managing Director (acting) of the bank Parsuma Alam along with other officials inaugurated...

WALTON'S ATS EXPO CONCLUDES

2024-12-11 00:00:00

Commerce Adviser Sheikh Bashir Uddin, along with other guests, inaugurates Walton brand's new model VRF air conditioner at the 'Advanced Technology Solution - ATS Expo 2024' at International Convention City Bashundhara in the capital recently. Tech-giant Walton hosted the three-day...

CAAB AND LABAID GROUP SIGN MOU

2024-12-11 00:00:00

The Civil Aviation Authority of Bangladesh (CAAB) and LabAid Group signed a memorandum of understanding (MoU) at the CAAB headquarters on Monday. CAAB Chairman Air Vice Marshal Md Manjur Kabir Bhuiyan attended the signing ceremony as the chief guest. On...

'Hisense' consumer electronics in Bangladesh

2024-12-11 00:00:00

Fair Electronics organised the official launch of 'Hisense' consumer electronics in Bangladesh at a local hotel on Monday evening. Sheikh Bashir Uddin, Adviser, Ministries of Commerce, Textile and Jute; Mr Ruhul Alam Al Mahbub, Chairman, Fair Group; and Ms Catherine...

MODHUMOTI BANK HOLDS 129TH EC MEETING

2024-12-11 00:00:00

The 129th meeting of Modhumoti Bank's executive committee (EC) was held on Tuesday at the bank's head office in the capital. Salahuddin Alamgir, EC chairman of the bank, presided over the meeting. Senior officials of the bank exchanged their views...

NCCB INITIATES DIGITAL BANKING TRANSFORMATION

2024-12-11 00:00:00

National Credit and Commerce Bank PLC (NCCB) signed a partnership agreement with Flora Systems Limited, announcing a landmark digital transformation initiative. M Shamsul Arefin, Managing Director of the bank, and Mustafa Rafiqul Islam, Chairman & Managing Director, Flora Systems Limited,...

MTB INKS DEAL WITH AKIJ TAKAFUL LIFE INSURANCE FOR CASH MANAGEMENT SERVICES

2024-12-11 00:00:00

Mutual Trust Bank (MTB) and Akij Takaful Life Insurance recently signed an agreement for cash management services at MTB Centre in the capital's Gulshan. The deal enables Akij Takaful Life Insurance's policyholders to make payments from any MTB branch as...

New office-bearers of Muradnagar Upazila BCS Cadre Officers Forum

2024-12-11 00:00:00

Muradnagar Upazila BCS Cadre Officers Forum held its annual general meeting (AGM) at the Bananii Club in Dhaka on December 7.The President's Press Secretary Md Joynal Abedin presided over the meeting, says a statement. At the meeting, a new 21-member...

Unilever crowns champions of 'BizMaestros'

2024-12-11 00:00:00

Unilever Bangladesh Limited (UBL) concluded the 15th edition of its flagship business competition, 'BizMaestros,' with a grand finale held in Dhaka recently, says a statement. Following a challenging contest among the top five finalist teams, the team from the Institute...

Fazlul Kader appointed PKSF MD

FE REPORT | 2024-12-11 00:00:00

Md Fazlul Kader has been appointed as the managing director of Palli Karma-Sahayak Foundation (PKSF). The PKSF governing body appointed him as the 12th managing director on Tuesday for a three-year term.Kader started his career at PKSF on October 1,...

Chinese firm to set up battery plates plant at BEPZA EZ

2024-12-11 00:00:00

The Bangladesh Export Processing Zones Authority (BEPZA) has signed a lease agreement with Bangladesh Prothoma Power Supply Ltd., a Chinese company, which will set up a battery plates manufacturing plant in the BEPZA Economic Zone (EZ). The agreement was signed...

Regulator fines individuals, cos Tk 1.34b for manipulation

FE REPORT | 2024-12-11 00:00:00

The securities regulator fined 13 individuals and six companies Tk 1.34 billion in total for manipulating share prices of Orion Infusion, Orion Pharma and Bangladesh Finance.The Bangladesh Securities and Exchange Commission (BSEC) decided the action on Tuesday at a meeting...

Berger revises down rights share price

FE REPORT | 2024-12-11 00:00:00

Berger Paints has revised the offer price of its proposed right shares in line with regulatory instructions, aimed at increasing its free float. The previous offer price was Tk 1,376 per share, which has been revised down to Tk 1,110...

Faridpur, Kishoreganj road accidents kill five

2024-12-11 00:00:00

A total of five persons were killed in separate road accidents in Faridpur and Kishoreganj on Tuesday and Monday night, reports UNB.In Kishoreganj, two people died and three other injured in Kishoreganj's Kuliarchar Upazila on Tuesday.The deceased were identified as...

Two killed under train wheels in Gazipur

2024-12-11 00:00:00

GAZIPUR, Dec 10 (UNB): Two people were killed after being run over by a speeding train in Gazipur's Tongi on Monday .Their identities could not be known yet but it is suspected that they were father and son, police said...

Kurigram battles intense winter

2024-12-11 00:00:00

KURIGRAM, Dec 10 (UNB): Kurigram is currently under the grip of an intense winter, with temperatures plummeting and fog covering roads and fields from midnight until morning. The chill is so severe that it has disrupted normal life and left...

'Saint Martin Environmental Conservation and Sustainable Economy'

2024-12-11 00:00:00

PRAN-RFL and the United Nations Development Programme (UNDP) brought out a rally titled 'Saint Martin Environmental Conservation and Sustainable Economy' in Saint Martin on Monday. The initiative was inaugurated by Director of the Department of Environment Muhammad Solaiman Haider. Under...

Gopalganj eyes massive Boro farming

OUR CORRESPONDENT | 2024-12-11 00:00:00

GOPALGANJ, Dec 10: Boro farmers in five upazilas of the district are now busy preparing their cropland to cultivate the paddy.According to the Department of Agricultural Extension (DAE), Gopalganj farmers have taken a programme for Boro farming.Nearly 81,663 hectares of...

Bagerhat sees bumper betel-nut production

OUR CORRESPONDENT | 2024-12-11 00:00:00

KHULNA, Dec 10: The farmers of Kachua and its adjacent areas in Bagerhat district have achieved a bumper production of betel nut.But, they have alleged that they are not getting fare price of their betel nut due to the import...

SAFF champion women footballers join USAID's Healthier in Motion campaign

2024-12-11 00:00:00

The US Embassy in Dhaka joined Bangladesh national women's football team captain Sabina Khatun and her fellow SAFF Champions Maria Manda, Ritu Porna Chakma, and Masura Parvin, for an event to promote the USAID Healthier in Motion Wellness campaign at...

Young Tigers look for WC laurel after consecutive 2nd time Asia Cup triumph

2024-12-11 00:00:00

The Bangladesh Under-19 team now set its target to win the World Cup after becoming the best of Asia for the consecutive second time, reports BSS.The team's Captain Azizul Hakim Tamim detailed the plan after returning to the country to...

FIFA to confirm 2030 World Cup hosts

2024-12-11 00:00:00

LAUSANNE, Dec 10 (AFP): FIFA will confirm the hosts of the 2030 and 2034 World Cups on Wednesday, with a joint bid led by Morocco, Spain and Portugal set to be awarded the former, and the latter being handed to...

National Cricket League (NCL) captains pose for a photograph

2024-12-11 00:00:00

National Cricket League (NCL) captains pose for a photograph during the league's T20 jersey launch and captains' meet programme at Sylhet International Cricket Stadium in Sylhet on Tuesday- BCB