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All problems of health deptt not to be solved overnight: Minister

2024-07-14 00:00:00

THAKURGAON, July 13 (UNB): It is not possible to solve all the problems at the field level of the Health Department overnight, Health Minister Dr. Samanta Lal Sen said Saturday."The Health Department is working to solve these problems and whatever...

Battery-run rickshaws banned on capital's main roads: DMP

2024-07-14 00:00:00

The Traffic division of Dhaka Metropolitan Police (DMP) has announced that battery-run autorickshaws (locally made three-wheelers) and other slow-moving vehicles will no longer be allowed to operate on the main roads in Dhaka city, reports UNB.This decision is being implemented...

Delay in water drainage due to heavy rain in short time: DSCC

2024-07-14 00:00:00

Chief Executive Officer (CEO) of Dhaka South City Corporation (DSCC) Md. Mizanur Rahman said due to heavy rainfall in a short time, there has been some delay in the receding of water from the areas under the jurisdiction, reports UNB....

Shops owners kept quilt products and fabrics for drying on the rooftop

2024-07-14 00:00:00

Shops owners kept quilt products and fabrics for drying on the rooftop of the capital's New Market on Saturday that got wet in the incessant downpour on Friday — FE photo

Leaders of three major political parties voice against hydraulic horns

2024-07-14 00:00:00

BARISHAL, July 13 (UNB): Dignitaries in Barishal, including senior leaders for local units of three major political parties, have echoed raising social movement against hydraulic horns to protect people from health hazards.Speakers urged the authorities to address the issue of...

BCL launches door-to-door campaign to collect students’ views on quota

2024-07-14 00:00:00

Bangladesh Chhatra League (BCL) has started a 'Policy Advocacy' and 'Door to Door' campaign to understand what "general students think about quotas and what they want."This information was shared in a press release signed by Chhatra League President Saddam Hossain...

JaPa to observe Ershad's 5th death anniversary today

2024-07-14 00:00:00

The 5th death anniversary of former president and founder chairman of Jatiya Party (JaPa) Hussain Muhammad Ershad will be observed today (Sunday), reports BSS.JaPa and its associate organisations have taken elaborate programmes to observe the death anniversary in a befitting...

DB chief sounding satisfied with investigation so far

2024-07-14 00:00:00

Two individuals believed to be directly involved in the sensational murder of three-time MP from Jhenaidah-4 Anwarul Azim Anar, remain outside the custody of the Detective Branch of Dhaka Met Police, according to DMP additional commissioner Harun-or-Rashid, also the DB...

Govt trying to divert anti-quota movement into a different stream: Mirza Abbas

2024-07-14 00:00:00

FE REPORT Bangladesh Nationalist Party (BNP) alleged on Saturday that the government ware trying to divert the students' anti-quota movement into a different direction by using evil tricks.Standing committee member of BNP Mirza Abbas made the allegation after placing wreath...

Quota protesters' demands contradict Constitution, state principles: Quader

2024-07-14 00:00:00

Road Transport and Bridges Minister Obaidul Quader on Saturday said the demands and statements of the quota protesters contradict the constitution and the fundamental principles of state governance. He asserted the law regarding the quota system will proceed in its...

India's retail inflation reignites in June as food prices surge

2024-07-14 00:00:00

NEW DELHI, July 13 (Reuters): India's retail inflation rate rose for the first time in five months in June due to a sharp rise in food prices, government data showed on Friday.Annual retail inflation was 5.08 per cent in June,...

HUMAYUN KABIR JOINS MINISTER-MYONE AS DMD

2024-07-14 00:00:00

HUMAYUN KABIR JOINS MINISTER-MYONE AS DMD Humayun Kabir has joined the Minister-MyOne Group as Deputy Managing Director (DMD) recently. Previously, he served an electrical, electronics and home appliance company as its DMD and has been contributing significantly in this sector....

EMRD secretary visits Chevron gas plants in Sylhet

2024-07-14 00:00:00

EMRD secretary visits Chevron gas plants in Sylhet Secretary of Energy and Mineral Resources Division (EMRD) Md Nurul Alam visited the Bibiyana Gas Plant in Habiganj and the Jalalabad Gas Plant in Sylhet recently. Both of these state-of-the-art facilities are...

CBOT soybeans futures end down

2024-07-14 00:00:00

CHICAGO, July 13 (Reuters): Chicago Board of Trade soybean futures ended the week down on Friday despite turning positive following a US Department of Agriculture report that cut the US soybean production forecast.Multiple soybean contracts hit lifetime lows and fell...

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'..

2024-07-14 00:00:00

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'In collaboration with Shahjalal Islami Bank PLC, Bangladesh Financial Intelligence Unit (BFIU) organised a daylong workshop on 'Prevention of Money Laundering and Combating Financing of Terrorism' on Saturday with the participation of 65 branch representatives...

IDLC Shariah Fund meeting --

2024-07-14 00:00:00

The 19th Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held recently with Dr Syed Muhammed Emdad Uddin in the Chair, says a press release.Board members Maulana Sayed Kamaluddin Abdullah Zafree,...

NRBC Bank disburses loan cheques among CMSME entrepreneurs

2024-07-14 00:00:00

NRBC Bank organised a discussion with cluster-based industrial entrepreneurs to raise public awareness about the Tk 250 billion 'Pre-Finance Scheme' established by Bangladesh Bank for entrepreneurs in the Cottage, Micro, Small, and Medium Enterprises (CMSME) sector. During the event, loans...

Asia investors wager on region's rebound, China recovery

2024-07-14 00:00:00

SINGAPORE, July 13 (Reuters): Asia's rich and their bankers said they are backing an eventual recovery in China and betting exposure to a region that even in a slowdown is the fastest-growing in the world will pay off."You've got to...

Rumee re-elected executive committee chair of Bank Asia

FE Desk | 2024-07-14 00:00:00

Mr. Rumee A Hossain has been re-elected as chairman of the board executive committee of Bank Asia at a recent board meeting, according to a statement.He is one of the sponsor directors of the bank. Mr. Hossain is a graduate...

Ahsan Zaman new MD of Trust Bank

FE Desk | 2024-07-14 00:00:00

Ahsan Zaman Chowdhury has been appointed as managing director of Trust Bank, effective from July 10, 2024, according to a press statement. Prior to his new role, he served Trust Bank as deputy managing director & chief business officer from...

EBL inks MoU with Bangladesh Indenting Agents Association

2024-07-14 00:00:00

EBL inks MoU with Bangladesh Indenting Agents AssociationEastern Bank (EBL) will provide members of Bangladesh Indenting Agents Association (BIAA) with priority banking facilities. Ahmed Shaheen, additional managing director, EBL, and A. K. M. Azad, president, BIIA, signed a Memorandum of...

Eastland Insurance holds half-yearly biz conference

FE Desk | 2024-07-14 00:00:00

Eastland Insurance Company Limited held its half-yearly business conference to review the performance on Saturday at the DCCI Auditorium at Motijheel in Dhaka. Mahbubur Rahman, the company's chairman, inaugurated the event, according to a press release. Distinguished board members Kamal...

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...