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MODHUMOTI BANK HOLDS 80TH BOARD MEETING

2024-09-23 00:00:00

The 80th meeting of the board of directors of Modhumoti Bank was held on Sunday. Humayun Kabir, the chairman of the board of directors, was present at the meeting. Nemai Kumar Saha, Mostafa Kamal, Tanjima Binthe Mostafa, Humayun Kabir Bablu,...

AIB OPENS 225TH BRANCH IN BHERAMARA, KUSHTIA

2024-09-23 00:00:00

Al-Arafah Islami Bank (AIB) opened its 225th branch at Bheramara, Kushtia on Sunday. Managing Director and CEO Farman R. Chowdhury inaugurated the new branch as the chief guest. Senior Executive Vice President Md Habib Ullah and Professor of Bheramara Adarsha...

PRIME BANK SIGNS AGREEMENT WITH NIPPON SIGNAL BANGLADESH

2024-09-23 00:00:00

Prime Bank recently signed an agreement with Nippon Signal Bangladesh at the bank's corporate office. Under the agreement, Prime Bank will extend exclusive benefits to employees of Nippon Signal Bangladesh. The employees will be able to avail preferential banking service...

Sayeed new Cargo Vessel Owners Assoc president

2024-09-23 00:00:00

Bangladesh Cargo Vessel Owners Association has unanimously elected Sayeed Ahmed as its president and Mehboob Kabir as general secretary, says a press release.Members of the Executive Committee elected them at a meeting of the organisation at its office at Kakrail...

ICSB Chattogram branch opens

2024-09-23 00:00:00

The Institute of Chartered Secretaries of Bangladesh (ICSB) opened its Chattogram Branch and organised an orientation programme for the 1st Batch of Chartered Secretary (CS) Course in Chattogram on Saturday, says a press release.Md Delowar Hossain, Chairman of Chattogram Regional...

British-Irish co to invest $36m in BEPZA EZ

2024-09-23 00:00:00

British-Irish Company Deltaport Limited will invest US$36 million to set up a garment manufacturing industry in the BEPZA Economic Zone (BEPZA EZ), reports BSS. In this connection, Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company at...

Market-based IPO valuation need of the hour: CFA Society

FE REPORT | 2024-09-23 00:00:00

The CFA (Chartered Financial Analyst) Society Bangladesh demanded amendments to the IPO valuation method and promotion of institutional investments to improve the depth of the capital market.At a programme at the Economic Reporters' Forum (EFR) on Sunday, the association of...

GM to lay off about 1,700 workers at Kansas plant

2024-09-23 00:00:00

NEW YORK, Sept 22 (Reuters): General Motors will lay off 1,695 workers at its Fairfax Assembly plant in Kansas, the company said in a Worker Adjustment and Retraining Notification notice earlier this week.A GM spokesperson, confirming the layoffs initially reported...

Food-price volatility may pose risk to India's inflation: RBI

2024-09-23 00:00:00

MUMBAI, Sept 22 (Reuters): India's headline inflation may average 4.5 per cent in the second half of the fiscal year, aided by weaker crude oil prices, although volatility in food prices can pose a challenge, the central bank said in...

SAIC Volkswagen says adjusting plant base ‘necessary’

2024-09-23 00:00:00

HONG KONG, Sept 22 (Reuters): SAIC Volkswagen, responding to reports it would close its Nanjing plant, said on Saturday that adjusting its production base was "normal and necessary", Chinese media outlet Yicai reported.Reuters reported this week that Germany's Volkswagen plans...

US inflation data cemented big cut for one Fed official

2024-09-23 00:00:00

WASHINGTON, Sept 22 (Reuters): Federal Reserve officials, in their first public comments since the US central bank cut interest rates by half a per centage point, laid out on Friday the depth of the debate over the move, with one...

Asian spot LNG price little changed on muted demand

2024-09-23 00:00:00

LONDON, Sept 22 (Reuters): Asian spot liquefied natural gas (LNG) prices were little changed last week amid tepid demand and limited market activity with many traders attending an industry conference in the United States.The average LNG price for November delivery...

Standard Bank Training on 'Investment Operations & Management'

2024-09-23 00:00:00

To enhance knowledge and efficiency regarding investment, Shari'ah-Based Standard Bank organised a two-day training on 'Investment Operations & Management' for the Investment desk Officials of the bank. Md. Habibur Rahman, Managing Director & CEO, inaugurated the training as the chief...

DHAKA BANK SIGNS AGREEMENT WITH SHER-E-BANGLA AGRI UNIVERSITY

2024-09-23 00:00:00

As part of Dhaka Bank's CSR programme, an agreement was signed and executed between Dhaka Bank PLC and Sher-e-Bangla Agricultural University, under which seedlings of rice and other vegetable and fruit plants produced at Sher-e-Bangla Agricultural University will be distributed...

Cashback on dengue tests thru bKash payment

2024-09-23 00:00:00

During the recent dengue outbreak, customers can get up to Tk. 100 cashback or discount on bKash payment for dengue tests at selected hospitals and diagnostic centres. The offer is valid till 6 November 2024 at Evercare Hospital, Labaid Diagnostics...

BD now has 229 green factories

2024-09-23 00:00:00

Bangladesh's garment industry has solidified its reputation as a global leader in sustainability, now boasting 229 certified eco-friendly factories, reports BSS.Director of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Mohiuddin Rubel confirmed that three more RMG factories in the...

CA seeks Danish support for labour reforms, research on mangroves

FE REPORT | 2024-09-23 00:00:00

Chief Adviser Dr Muhammad Yunus on Sunday sought Danish support for labour reforms and mangrove research, saying that these are among the top priorities of the interim government.He said labour reforms are essential for attracting investment from foreign investors, while...

A total of 42 BRAC Bank employees from various regions of Bangladesh

2024-09-23 00:00:00

A total of 42 BRAC Bank employees from various regions of Bangladesh, including Chattogram, Narayanganj, Rangpur, Jashore, and other districts, pose for a photograph at the indoor facility of the Dhanmondi Cricket Academy in the city recently during a talent...

Ravindra wages lone battle with Sri Lanka two wickets away

2024-09-23 00:00:00

GALLE, Sri Lanka, Sept 22 (AFP): Rookie left-hander Rachin Ravindra's unbeaten 91 gave New Zealand a slender chance against Sri Lanka, with two wickets remaining and another 68 runs needed after day four of the first Test on Sunday.Set a...

Haddad Maia roars back to beat Kasatkina

2024-09-23 00:00:00

SEOUL, Sept 22 (AFP): Brazil's Beatriz Haddad Maia won the fourth title of her career with a furious fightback to beat Russian top seed Daria Kasatkina 1-6, 6-4, 6-1 in Sunday's Korea Open final.Number three seed Haddad Maia lost the...

Real Madrid come back to extend unbeaten start

2024-09-23 00:00:00

BARCELONA, Spain, Sept 22 (AP): Joan García showed why he is an up-and-coming goalkeeper - until Vinícius Júnior got the Real Madrid scoring machine going.Vinícius went off the bench to assist Rodrygo and score one of his own and Kylian...

Shanto backs rusty Shakib to bounce back after Chennai failure

2024-09-23 00:00:00

Bangladesh skipper Najmul Hossain did not shy away from showing his surprise when he was asked whether he is feeling the heat of carrying an out-of-sort Shakib Al Hasan in the Test team, reports Cricbuzz.Shakib's performance in the series opener...

Tigers suffer a big defeat in 1st Test

2024-09-23 00:00:00

CHENNAI, India, Sept 22 (AFP): Ravichandran Ashwin claimed six wickets after a first-innings century with the bat to inspire India to a 280-run thrashing of Bangladesh in the first Test on Sunday.The visitors arrived in Chennai in confident mood following...

China dairy farms swim in milk as fewer babies, slow economy cut demand

2024-09-23 00:00:00

BEIJING, Sept 22 (Reuters): China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms expanded in recent years, forcing smaller farmers out of business and squeezing shipments into the world's...

Global refiners face profit slump as new plants come online

2024-09-23 00:00:00

LONDON/SINGAPORE/NEW YORK, Sept 22 (Reuters): Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows, marking a downturn for an industry that had enjoyed surging returns post-pandemic and underlining the extent of...

One to die for killing mother, daughter in Narayanganj

2024-09-23 00:00:00

NARAYANGANJ, Sept 22 (BSS): A court here on Sunday sentenced a man to death for killing a mother and her pregnant daughter in 2022.Additional District and Session Judge Ummey Sharaban Tahura pronounced the verdict in presence of convict - Al...

Lightning strike kills two in Sirajganj

2024-09-23 00:00:00

SIRAJGANJ, Sept 22 (UNB): Two day labourers were killed by lightning strike at Nagarouha village in Sirajganj's Ullapara upazila on Saturday evening.The victims were identified as Ruhul Islam, 28, son of Rafiqul Islam, and Ashraf Ali, 40, son of Belal...

Low-price green malta attracts consumers

OUR CORRESPONDENT | 2024-09-23 00:00:00

KHULNA, Sept 22: Locally-produced green malta fruit is being sold at a low price at Tk 60 to 70 per kg in fruit shops and vans on the streets of the capital.The green malta is attracting common consumers due to...

Sylhet farmers benefiting from grafted saplings in rough weather

OUR CORRESPONDENT | 2024-09-23 00:00:00

SYLHET, Sept 22: To avert consequences from inclement weather, farmers in Sylhet region, especially in Sunamganj district, are using grafted saplings in cultivation and are getting adequately benefited. A good number of farmers have started producing saplings by using grafting...

Macron appoints new govt in shift to right

2024-09-23 00:00:00

PARIS, Sept 22 (AFP): France finally got a new government Saturday in a shift to the right, as left-wing protesters took to the streets to denounce what they say is a denial of July's election results.The cabinet announced by French...