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Transfer from OTC to SME board: Regulator has more things to fret about

Mohammad Mufazzal | 2024-07-14 00:00:00

Sponsor-directors of Wonderland Toys offloaded a significant amount of the company's shares within just two years and three months after listing on the SME board of the Dhaka Stock Exchange in September 2021. By December 2023, their stake in the...

VinFast delays US electric car plant amid market slowdown

2024-07-14 00:00:00

HANOI, July 13 (Reuters): Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the...

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'--

2024-07-14 00:00:00

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'Bangladesh Financial Intelligence Unit (BFIU), a key player in the fight against financial crimes, has organised a daylong training programme on 'Prevention of Money Laundering and Combating Financing of Terrorism' for bank officials of Pirojpur...

PepsiCo quarterly revenue disappoints on slowing sales of snacks, beverages

2024-07-14 00:00:00

PepsiCo missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from private-label brands slowed sales of its snacks and soda mainly in the United States, its largest market, reports Reuters.Analysts have said that product...

BB names Prime Bank as a top sustainable bank

2024-07-14 00:00:00

Bangladesh Bank has recognised Prime Bank PLC, for the second consecutive year, as one of the top banks in the latest Sustainable Rating for 2023. Sustainable Finance Department of the central bank announced the ratings on Wednesday, says a press...

SOUTHEAST BANK HOLDS HALF-YEARLY BUSINESS CONFERENCE

2024-07-14 00:00:00

SOUTHEAST BANK HOLDS HALF-YEARLY BUSINESS CONFERENCE Southeast Bank PLC recently conducted its ''Half-Yearly Business Conference 2024' virtually. Nuruddin Md. Sadeque Hossain, Managing Director of the bank, presided over the event. Participants included Deputy Managing Directors Md. Masum Uddin Khan and...

Emerging market capital inflows recover to 2018 levels: IMF

2024-07-14 00:00:00

WASHINGTON, July 13 (Reuters): The International Monetary Fund on Friday said gross capital inflows into emerging markets excluding China last year rose to $110 billion or 0.6 per cent of their economic output, the highest level since 2018.The findings, part...

Green jobs and future of work in Bangladesh

Maisha Zaahir | 2024-07-14 00:00:00

As global awareness about climate change and environmental sustainability grows, the concept of "green jobs" has gained significant traction. These jobs not only contribute to environmental protection but also promote economic growth and social equity. In Bangladesh, a country vulnerable...

Honing freshers’ skill through case competition

Mansura Islam Orthy & Mehrin Khan Medha | 2024-07-14 00:00:00

The IUT Career and Business Society (IUT CBS) has launched the sixth edition of 'INTERN,' an innovative and vibrant intra-IUT novice business case competition. Since 2018, the Islamic University of Technology (IUT) campus has hosted this flagship event for freshers.For...

Skills that schools do not teach us

Anindeta Chowdhury | 2024-07-14 00:00:00

From an early age, we enter the realm of education, continuing to learn through various phases of life. It is often believed that learning never ends, continuing from cradle to grave. However, there is a certain system and period of...

Former PMs, film and sports stars join Ambani wedding

2024-07-14 00:00:00

MUMBAI, July 13 (Reuters): Lavish wedding celebrations for the son of Asia's richest man resumed on Saturday with a star-studded guestlist including Hollywood celebrities, global business leaders and two former British prime ministers.Billionaire tycoon Mukesh Ambani's youngest son Anant and...

Iran president-elect ready for 'constructive dialogue' with Europe

2024-07-14 00:00:00

TEHRAN, July 13 (AFP): Iran's president-elect Masoud Pezeshkian said he looks forward to improved relations with European nations, even though he accused them of reneging on commitments to mitigate the impact of US sanctions.Pezeshkian on July 6 won a runoff...

North Korea denounces NATO summit declaration

2024-07-14 00:00:00

SEOUL, July 13 (AFP): North Korea has denounced a declaration at a recent NATO summit that condemned Pyongyang's weapons exports to Russia, calling the document "illegal", state media said Saturday.In a joint declaration this week, NATO leaders criticised North Korea...

China blasts US Tibet-China dispute bill, vows to defend its interests

2024-07-14 00:00:00

BEIJING, July 13 (Reuters): China expressed strong opposition on Saturday to a US law signed by President Joe Biden that presses Beijing to resolve a dispute over Tibet's demands for greater autonomy, vowing to "firmly defend" its interests.Biden signed into...

Israeli strikes on Gaza ‘safe zone’ kill 71, wound hundreds

2024-07-14 00:00:00

GAZA/JERUSALEM July 13 (Agencies): An Israeli airstrike targeted Hamas' military chief Mohammed Deif in Gaza on Saturday, a security official and Israel Army Radio said, in an attack that the enclave's health ministry said had killed at least 71 Palestinians.It...

Argentina seek 'triple crown' tomorrow

2024-07-14 00:00:00

MIAMI, July 13 (AFP): Argentina can become the first South American team to win the 'triple crown' of three straight major tournament titles if they can overcome a formidable Colombia in (Monday, as per BST) Copa America final.Lionel Messi and...

BD high-performance team depart for Australia tour

2024-07-14 00:00:00

Bangladesh Cricket's high-performance unit departed for Australia on Saturday. This marks the first tour of Australia by a Bangladeshi cricket team in over 15 years, reports UNB.National team selector Hanan Sarkar is accompanying the team. He expressed confidence that the...

Photo shows Shuvadya canal, next to the Buriganga river in Dhaka's Keraniganj,

2024-07-14 00:00:00

Photo shows Shuvadya canal, next to the Buriganga river in Dhaka's Keraniganj, is filled with waste from small garment factories — bdnews24.com

Patient's body recovered from hospital bathroom two days after he went missing

2024-07-14 00:00:00

SHARIATPUR, July 13 (UNB): Police recovered the body of a 40-year-old patient from the bathroom of the medicine ward of Shariatpur Sadar Hospital on Saturday morning after he had been missing for two days.Additional Supe_rintendent of Shariatpur Police, Ahsan Habib,...

Scanty hilsa catches disappoint Bhola fishermen

2024-07-14 00:00:00

BHOLA, July 13 (UNB): More than five weeks have passed since the authorities lifted the ban on hilsa fishing, but the poor catch of the delicious fish from the Meghna-Tetulia River in Bhola district frustrated the fishermenFishermen are returning from...

7-day tree fair begins in Bogura

2024-07-14 00:00:00

BOGURA, July 13 (BSS): A seven-day long tree fair and tree plantation programme began in the district town on Saturday.Ragebul Ahsan Ripu, MP, inaugurated the fair in the town's Edward Park on Saturday morning. Later a discussion was held at...

8-yr-old student dies as truck runs over him in Sylhet

2024-07-14 00:00:00

SYLHET, July 13 (UNB): An eight-year-old madrasa student died after being run over by a pickup truck in Gowainghat upazila of Sylhet on Saturday afternoon.Gowainghat Police Station Inspector (investigation) Mehedi Hasan Sumon confirmed the matter.The deceased, Zobayer Ahmed, was the...

Two die of suffocation in septic tank

2024-07-14 00:00:00

KUSHTIA, July 13 (UNB): Two people died of suffocation and another fell sick inside a septic tank at Daulatpur upazila of Kushtia on Saturday.Mahabubur Rahman, officer-in-charge of Daulatpur Police Station, confirmed the matter.The deceased were identified as Liton Hossain, 30,...

Gopalganj eyes bumper snake gourd yield

OUR CORRESPONDENT | 2024-07-14 00:00:00

GOPALGANJ, July 13: Snake gourd farming is gaining popularity among farmers under Sadar Upazila of the district as they are getting lucrative profit from the cultivation of the agri produce.A total of 40 acres of land have been brought into...

Woes mount as rainfall, runoff deluge vast areas

OUR CORRESPONDENT | 2024-07-14 00:00:00

RANGPUR, July 13: Flash floods triggered by heavy rainfall and water from the upstream have inundated vast areas in Gangachara and Kaunia upazilas of Rangpur district during last couple of weeks, multiplying sufferings of the local people. Several thousand families...

Robusta coffee gains 10pc this week

2024-07-14 00:00:00

NEW YORK, July 13 (Reuters): Robusta coffee futures on ICE closed up on Friday, just shy of a record high set on Thursday, gaining 10 per cent in the week amid lower exports from Vietnam and news of diminishing Brazil...

Gold ETFs saw second month of inflows

2024-07-14 00:00:00

LONDON, July 13 (Reuters): Global physically backed gold exchange traded funds (ETFs) saw the second consecutive month of inflows in June due to additions to holdings by Europe- and Asia-listed funds, the World Gold Council (WGC) said on Tuesday.Gold ETFs,...

Wheat futures slips to lowest since April as supply pressure persists

2024-07-14 00:00:00

PARIS, July 13 (Reuters): European wheat futures fell on Friday to their lowest since April, as widely followed US government forecasts underscored ample global supply including a bigger than expected US crop.September wheat on Euronext settled 1.5 per cent down...

Japan builds gas markets in Asia to boost LNG trading, energy security

2024-07-14 00:00:00

TOKYO, July 13 (Reuters): Japanese companies foreseeing a growing surplus in stocks of liquefied natural gas (LNG) as their demand for the fuel wanes in coming years, are scrambling to invest in regional markets to provide potential outlets to sell...

Bangladesh's economic outlook for 2024-25

Muhammad Mahmood | 2024-07-14 00:00:00

Even in the very recent past Bangladesh was hailed as a great success story for achieving rapid economic growth and raising millions of people out of poverty. A World Bank (WB) report published in last October wrote, "From being one...