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Pragati Life Insurance wins ICSB National Award

2024-10-09 00:00:00

Pragati Life Insurance Limited received the Best Corporate Governance Award in the life insurance company category at the 11th ICSB National Award ceremony. This prestigious recognition, presented by the Institute of Chartered Secretaries of Bangladesh (ICSB), highlights the company's commitment...

Office-bearers of PR Assoc's Ctg unit

OUR CORRESPONDENT | 2024-10-09 00:00:00

CHATTOGRAM, Oct 08: A 21-member committee of Bangladesh Public Relation Association's Chattogram unit was announced on Tuesday. Osman Gani Chowdhury (Media Advisor, GPH Ispat Ltd) and Saif Uddin Ahmed Saki (ex-public relations officer of Chattogram City Corporation) were elected president...

BSEC meets top conglomerates to enhance capital market

FE REPORT | 2024-10-09 00:00:00

The securities regulator on Tuesday held a meeting with the representatives of three top conglomerates to inspire the listing of their companies in a bid to enhance the depth of the capital market.The chairman of the Bangladesh Securities and Exchange...

Italy to clear 20,000 visas by Dec, says foreign adviser

2024-10-09 00:00:00

Italy has assured Bangladesh that it will clear 20,000 pending visa applications for Bangladeshi nationals by December, said Foreign Adviser Md. Touhid Hossain said on Tuesday, reports BSS. "As many as 20000 (visa) cases were cleared from Rome, but the...

MTB awarded Most Innovative Women Empowerment Initiatives in Bangladesh

2024-10-09 00:00:00

Mutual Trust Bank (MTB) was recognised with the "Most Innovative Women Empowerment Initiatives - Banking - Bangladesh 2024" award by Women's Tabloid, for its impactful and innovative women empowerment project.This flagship initiative under the bank's Corporate Social Responsibility was launched...

BRAC Bank signs deal with Radisson Blu Chattogram

2024-10-09 00:00:00

BRAC Bank has entered into a new partnership with Radisson Blu Chattogram Bay View, a hotel under the Radisson Hotel Group. This partnership will enable the Premium Banking Plus customers to enjoy complimentary benefits at the hotel during special occasions,...

Rehana Rahman elected Southeast bank VC

2024-10-09 00:00:00

Southeast Bank on Tuesday elected Rehana Rahman as the vice chairperson of the bank in its 744th board meeting held on 8 October 2024.Rehana Rahman, a prominent female entrepreneur in Bangladesh, held various key roles across several organisations, according to...

Bond market yet to be exploited to the benefit of economy: UCB Investment chief

BABUL BARMAN | 2024-10-09 00:00:00

The bond market plays a crucial role for economic development and has the potential to replace banks for long-term financing, but Bangladesh is yet to tap into the alternative source of funds, said UCB Investment chief.In a recent interview with...

Market bearing scars of corrective punitive actions

MOHAMMAD MUFAZZAL | 2024-10-09 00:00:00

Some regulatory actions, though mostly hailed as corrective measures, caused the market to take a U-turn to a persistent decline. Market experts say it is the doing of a handful of influential people who have been penalized. In the last...

PepsiCo trims sales forecast as consumers tighten purse strings

2024-10-09 00:00:00

PepsiCo cut its forecast for annual sales growth on Tuesday as picky consumers in North America limit their spending on savory snacks and sodas, while opting for cheaper private-label brands, reports Reuters.The packaged food giant now expects fiscal 2024 organic...

Trust Bank opens sub-branch in Ctg

2024-10-09 00:00:00

Trust Bank PLC has opened its new sub-branch at Dewanhat, Chattogram. Ahsan Zaman Chowdhury, Managing Director of the bank, inaugurated it recently. Renowned businessmen, industrialists, local dignitaries, and senior officials of the bank attended the programme.

SBAC BANK SIGNS AGREEMENT WITH ELITBUZZ

2024-10-09 00:00:00

SBAC Bank PLC and Elitbuzz signed an agreement recently. Head of Digital Banking Division of SBAC Bank Mohammad Shafiul Azam and Managing Director of Elitbuzz Md Abu Taleb signed the agreement. Md Sharif Al Kashem, Head of Card Division of...

MetLife's regional president visits Bangladesh

2024-10-09 00:00:00

MetLife Asia's regional president Lyndon Oliver has visited Bangladesh as he witnessed Bangladesh as an important market for their business, reports BSS.As part of his ongoing engagement with MetLife's diverse markets across the region, Oliver took the opportunity to meet...

Guardian Life declares 20pc dividend

2024-10-09 00:00:00

Guardian Life Insurance Limited has declared a 15 per cent stock dividend and a 5.0 per cent cash dividend for its shareholders for the year 2023 during its 11th Annual General Meeting (AGM), says a statement. This declaration reflects Guardian...

Arla Foods: Transforming dairy industry through innovation and commitment

YASIR WARDAD | 2024-10-09 00:00:00

Bangladesh's dairy industry, one of the country's most promising sectors, has seen the involvement of a global dairy giant -- Arla Foods -- since the 1960s. Arla, known for its flagship brand Dano powdered milk, has played a pioneering role...

Govt to issue Tk 50b bonds to clear power sector dues

2024-10-09 00:00:00

The government is set to issue new bonds worth Tk 50 billion to address pending payments to private power producers, according to official sources.The move is currently awaiting final approval from the Finance Ministry."We've completed all the necessary processes from...

Copper hits two-week low

2024-10-09 00:00:00

LONDON, Oct 8 (Reuters): Copper prices fell on Tuesday to their lowest in two weeks, after top metal consumer China failed to convince investors on how its stimulus would get the economy back on track.Three-month copper on the London Metal...

Gold edges up due to Mideast conflict

2024-10-09 00:00:00

LONDON, Oct 8 (Reuters): Gold prices edged up on Tuesday after four consecutive sessions of fall as a weaker dollar and safe-haven demand coming from the geopolitical tensions in the Middle East provided support.Spot gold rose 0.3 per cent to...

Oil rally pauses as investors await Israeli response

2024-10-09 00:00:00

LONDON, Oct 8 (Reuters): Oil prices fell on Tuesday, breaking a five-day run of gains, as investors await Israel's response to last week's Iranian rocket attacks which prompted a price surge on concerns of a broader conflict in the Middle...

England battling in face of huge Pakistan total

2024-10-09 00:00:00

MULTAN, Pakistan, Oct 08 (AFP): England finished the second day of the first Test in Multan on a solid 96-1 on Tuesday in reply to Pakistan's mammoth 556 that was boosted by a fiery century from Agha Salman.The tourists lost...

BCB chief hints at Shakib's return for last Test match in Mirpur

2024-10-09 00:00:00

Bangladesh Cricket Board (BCB) President Faruque Ahmed has said that Shakib Al Hasan may play his final Test match at Mirpur in the city against South Africa, reports UNB.The question of Shakib's homecoming has been shrouded in uncertainty. Before the...

Mahmudullah to retire from T20Is after India series

2024-10-09 00:00:00

NEW DELHI, Oct 08 (Agencies): Former Bangladesh captain Mahmudullah Riyad said on Tuesday his remaining two T20 matches in India will be his last international appearance in the format, vowing to play out with a "good show".The 38-year-old Mahmudullah, who...

Tigers seek redemption to level T20 series against India today

2024-10-09 00:00:00

Bangladesh will face India in the second T20I today (Wednesday) in Delhi, hoping to bounce back and keep the series alive, reports UNB.The visitors lost the first match on October 06, failing to post a competitive total while batting first.They...

Persistent rain sees 25 more villages flooded in M'singh

2024-10-09 00:00:00

MYMENSINGH, Oct 08 (bdnews24.com): Persistent rain has caused the flooding situation in Mymensingh's Haluaghat, Dhobaura, and Phulpur upazilas to worsen. Another 25 villages have been inundated and some 200,000 people are trapped by the water.Rain from dawn to 8am on...

Incessant downpour wreaks havoc in Chandpur

OUR CORRESPONDENT | 2024-10-09 00:00:00

CHANDPUR, Oct 08: Farmers suffered irrevocable losses as downpour has left a trail of devastation in roads, culverts, houses, Aman paddy and vegetable fields in Chandpur district in recent days. Besides, a lot of playgrounds and premises of schools, colleges...

How to make all your food waste almost disappear

TAHMINA PRIA | 2024-10-09 00:00:00

Roughly a third of the world's food gets wasted, which is about 1.3 billion tons a year. And every year, 14.10 million tonnes of food is wasted by households in Bangladesh by research. It's not the lack of growing, enough...

Alternative to gold jewellery for your wedding

FIRUZ NAWER | 2024-10-09 00:00:00

One of the most important elements of a Bengali wedding is the bride's attire. Gold jewellery plays a significant role here. The emotional value of gold at weddings extends beyond aesthetics; it has long been seen as a symbol of...

Preparing for the winter

NOWSHABA ACHAL | 2024-10-09 00:00:00

Winter will soon arrive in Bangladesh as the days get shorter and the temperature lowers. Though not as severe as in other areas of the world, the winter season here nevertheless brings considerable weather changes and adjustments to everyday schedules...

News in Brief -2024-10-09

2024-10-09 00:00:00

If elected Harris would not meet Putin ifKyiv wasn't represented in peace talksWASHINGTON, Oct 08: Democratic White House hopeful Kamala Harris said in an interview broadcast Monday that if elected president she would not meet with Vladimir Putin for peace...

Iran warns Israel against attacks

2024-10-09 00:00:00

TEHRAN, Oct 08 (Reuters): Iran warned Israel on Tuesday against any attacks on the Islamic Republic a week after Tehran fired a barrage of missiles on it, putting the Middle East on edge.Any attack on Iran's infrastructure will be met...