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Guardian Life partners with Grameen Digital Healthcare Solutions

2024-09-26 00:00:00

Guardian Life Insurance Ltd and Grameen Digital Healthcare Solutions have announced a strategic partnership to offer enhanced insurance coverage aimed at making healthcare more affordable and accessible to individuals across Bangla-desh, says a press release. By combining the medical services...

‘Govt’s objective is to ease trade, commerce’

FE REPORT | 2024-09-26 00:00:00

The objective of the present government is to ease and facilitate the country's trade and business.Finance and Commerce Adviser Salehuddin Ahmed said this at a meeting with the leaders of American Chamber of Commerce (AmCham) at the commerce ministry on...

Metro Spinning to keep factory shut for one more yr

FE REPORT | 2024-09-26 00:00:00

Metro Spinning Ltd, a concern of Makson Group, has announced to keep its factory closed for 12 more months for renovations aimed at enhancing production capacity. The spinning mill announced the closure of its factory through a stock exchange filing...

Islami Bank stock now under BSEC scanners for unusual price hike

FE REPORT | 2024-09-26 00:00:00

The securities regulator has asked the Dhaka Stock Exchange (DSE) to investigate the unusual price movements and trading volumes of shares in Islami Bank Bangladesh.Islami Bank stock price soared 116 per cent to Tk Tk 70.4 on Wednesday at the...

27 listed cos downgraded to 'Z' category

FE REPORT | 2024-09-26 00:00:00

In a major push to enforce compliance, Dhaka Stock Exchange (DSE) has downgraded 27 more listed companies to the 'junk' or 'Z' category as half of them failed to declare any dividends for two consecutive years and the others did...

UniCredit overtures hold few fears for Germany’s Mittelstand

2024-09-26 00:00:00

BERLIN, Sept 25 (Reuters): Germany's Commerzbank says its role as a key lender to the swathe of "Mittelstand" midsize companies that drive Europe's top economy is grounds to resist UniCredit's overtures. But Mittelstand leaders themselves are less convinced.Italy's UniCredit said...

China announces new measures to boost employment

2024-09-26 00:00:00

BEIJING, Sept 25 (AFP): China's leadership announced new measures to boost employment, state media reported on Wednesday, a day after Beijing unveiled a sweeping stimulus package to bolster its ailing economy.The world's number two economy has struggled to sustain a...

MIST signs MoU with Walton for research, innovation

2024-09-26 00:00:00

Walton Digi-Tech Industries Limited and Military Institute of Science and Technology (MIST) have signed a Memorandum of Understanding (MoU) for a three-year partnership aimed at promoting research, cooperation, innovation and technological advancement, reports BSS.According to an ISPR release issued in...

Attack, vandalism in Gazipur over control of 'cloth scrap' business

2024-09-26 00:00:00

An apparel factory in Garipur's Sreepur Upazila has been attacked and vandalised over the control of a business tied to cloth scraps and waste fabric, referred to locally as 'jhut', reports bdnews24.comPanic over the incident disrupted traffic on the Dhaka-Mymensingh...

OECD sees global growth stabilising at 3.2pc

2024-09-26 00:00:00

PARIS, Sept 25 (Reuters): Global growth is in the process of stabilising as the drag from central bank rate hikes fades and falling inflation boosts households' incomes, the OECD said on Wednesday, marginally raising its outlook for this year.The world...

Standard Bank Learning Centre Training begins

2024-09-26 00:00:00

To enhance banking knowledge & efficiency, Shari'ah-based Standard Bank organised a two-day training on investment for the selective officials of Head Office & Branches of the bank. Md. Habibur Rahman, Managing Director & CEO of the bank, inaugurated the training...

Nahid Afroz appointed as BCS administrator

FE REPORT | 2024-09-26 00:00:00

The government appointed Nahid Afroz as the administrator of Bangladesh Computer Samity (BCS), a trade organisation under the Ministry of Commerce, so that she can hold an election to form a committee for the trade body.The administrator has been given...

SHAHJALAL ISLAMI BANK PROVIDES SCHOLARSHIP TO 350 STUDENTS

2024-09-26 00:00:00

Shahjalal Islami Bank PLC has awarded scholarship to 350 poor and meritorious students who passed SSC exams across the country. Some 40 students received the scholarship cheques at a ceremony held at the Corporate Head Office of the bank on...

Official opening of Kalurghat bridge in Nov

NAZIMUDDIN SHYAMOL | 2024-09-26 00:00:00

Almost a century-old rail-road bridge, known as the Kalurghat bridge, over Chattogram's largest river Karnaphuli, is scheduled to be officially open within November as the renovation works are coming almost to an end with only bridge painting and street light...

BASIS seeks direct link in automation

FE REPORT | 2024-09-26 00:00:00

The Bangladesh Association of Software and Information Services (BASIS) has proposed its direct involvement in automating the tax-exemption certification and integrating VAT collection into the NBR system.It also called for the removal of the 100-per cent cashless transaction requirement for...

BPDB likely to invite tender for setting up 10 solar power plants

2024-09-26 00:00:00

The Bangladesh Power Development Board (BPDB) is preparing to float tenders for development of 10 grid-connected solar power plants in the private sector, each with a capacity of 50 MW, totaling 500 MW, reports UNB.According to official sources, the move...

Air Astra operates five daily flights to Ctg from Oct 1

2024-09-26 00:00:00

Air Astra has decided to operate five daily flights on the Dhaka-Chattogram-Dhaka route from October 1 next in response to passenger demand.Since the commencement of its commercial operations, Air Astra has been providing daily flights to Chattogram and has gradually...

Ethiopian airlines' Dhaka flights from November 2

2024-09-26 00:00:00

The Ethiopian Airlines, Africa's leading carrier, has finally announced the commencement of its new five weekly direct flights on Addis Ababa-Dhaka-Addis Ababa route from November 2 next."Bangladesh is a dynamic and growing market, and we are confident that our modern...

RU signs MoU with Heifer Int’l for chicken production

2024-09-26 00:00:00

RAJSHAHI, Sept 25 (BSS): Rajshahi University (RU) has signed a Memorandum of Understanding (MoU) with Heifer International for improving village chicken production through boosting bilateral relations in the field of education and research.The MoU has been signed under the ongoing...

Oil declines as investors wary of China stimulus-led demand boost

2024-09-26 00:00:00

Oil prices fell more than 1 per cent on Wednesday as investors reassessed whether China's latest stimulus plans will be able to boost its economy and spur fuel demand in the world's largest crude importer, reports Reuters.Still, declining U.S. crude...

One arrested with five gold bars in Benapole: BGB

2024-09-26 00:00:00

BENAPOLE, Sept 25 (UNB): Members of the Border Guard Bangladesh (BGB) arrested a suspected smuggler along with five gold bars weighing 2.30 kg from the Kanchabazar area of Benapole while attempting to smuggle them to India on Wednesday afternoon.The arrestee...

Sirajganj, Gopalganj road crashes kill two

2024-09-26 00:00:00

Two persons were killed in separate road accidents in Sirajganj and Gopalganj districts on Wednesday and Tuesday night, report agencies.In Sirajganj, a school teacher died after a speeding bus ran over him on the Bogura-Nagarbari highway in Dadpur area of...

Man, daughter go missing in Dharla River while swimming

2024-09-26 00:00:00

MANIKGANJ, Sept 25 (UNB): A man and his daughter went missing in the Dharla River while he was teaching her how to swim in the Sadar upazila of Manikganj on Wednesday morning.The missing are Mahidul Rahman, 50, and his daughter...

Biplab dreams of huge profit from malta cultivation

OUR CORRESPONDENT | 2024-09-26 00:00:00

BENAPOLE, Sept 25: A farmer named Biplab Hossain dreams of making a huge profit by cultivating malta in Chougachha upazila of Jashore district.He also grows dragon, guava, oranges and Chinese lemon to make huge money every year by cultivating these...

Over 1300 hectares of crops damaged by river water surge

2024-09-26 00:00:00

CHAPAINAWABGANJ, Sept 25 (UNB): The low-lying areas and chars along three rivers, including Padma, in Chapainawabganj have been submerged after the water levels in those surged suddenly, causing damage to crops.Locals informed that some 4,585 farmers have suffered losses as...

New Zealand aim to bounce back after first Test defeat

2024-09-26 00:00:00

GALLE, Sri Lanka, Sept 25 (AFP): New Zealand must adapt to the tricky Galle surface if they are to avenge their hard-fought Test loss to Sri Lanka this week, coach Gary Stead said on Wednesday.Despite not having played a warm-up...

Real Madrid's Mbappe suffers muscle injury

2024-09-26 00:00:00

MADRID, Sept 25 (AFP): Real Madrid striker Kylian Mbappe has sustained a thigh injury ahead of this weekend's La Liga derby with Atletico, his club said on Wednesday.The French superstar was taken off during the 3-2 win over Alaves on...

Coach says Neymar is not ready for an imminent return to Al-Hilal

2024-09-26 00:00:00

RIYADH, Sep 25 (AP): Neymar is not ready for an imminent return to play for Al-Hilal, the head coach of the Saudi Arabian club has announced.The Brazilian star signed for the Riyadh team in August 2023 but played just five...

Part of Green Park stadium deemed unsafe before 2nd Test

2024-09-26 00:00:00

KANPUR, Sept 25 (Agencies): Three days before the second Test between India and Bangladesh at Kanpur's Green Park Stadium, the Uttar Pradesh Public Works Department (PWD) has deemed one of the stands dangerous.The government officials felt that the structure may...

Shakib available for 2nd India Test tomorrow

2024-09-26 00:00:00

KANPUR, India, Sept 25 (AFP): Star Bangladesh all-rounder Shakib Al Hasan has no injury concerns and remains in line to play the second Test against India, coach Chandika Hathurusinghe said on Wednesday.Media reports suggested Shakib played the first of two...