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AL claims good ties with India, but fails to solve water problem

2024-07-03 00:00:00

BNP Chairperson's Advisory Council Member Zainul Abedin Farroque said on Tuesday despite the government's claims of having excellent relations with India, the people of Bangladesh are still deprived of their fair share of water from Teesta and other common rivers...

Rohingya youth shot dead at Ukhiya camp

2024-07-03 00:00:00

COX'S BAZAR, July 2 (UNB): An 18-year-old Rohingya man was shot dead during a violent clash between the Arakan Rohingya Salvation Army (ARSA) and the Rohingya Solidarity Organisation (RSO) at a camp in Ukhiya of Cox's Bazar.The dead, Md Delim,...

Dhaka University (DU) teachers observed a sit-in programme at the DU Arts Building

2024-07-03 00:00:00

Dhaka University (DU) teachers observed a sit-in programme at the DU Arts Building on Tuesday as part of the movement over pension scheme inclusion. — FE Photo

BD, KSA will jointly protect migrant workers from fraud

2024-07-03 00:00:00

Foreign Minister (FM) Hasan Mahmud has said Bangladesh and the Kingdom of Saudi Arabia (KSA) will work to protect Bangladeshi workers from fraud through a joint taskforce, reports UNB.He was speaking at an views-exchange meeting with expatriates at the Bangladesh...

Echoes of dotcom bubble haunt AI-driven US stock market

2024-07-03 00:00:00

NEW YORK, July 2 (Reuters): A US stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary...

Investors already look beyond first-round French election relief

2024-07-03 00:00:00

Investors are sceptical that the relief rally after France's first-round parliamentary election can last, wary that the outlook for the country's creaking public finances will remain in focus with several political hurdles ahead, reports Reuters.The closely-watched spread French government bonds...

Vietnam finalising plan for fund to attract foreign investment

2024-07-03 00:00:00

HANOI, July 2 (Reuters): Vietnam's Ministry of Planning and Investment is finalising a draft plan to set up a fund to help attract foreign investment and maintain the country's competitiveness, according to a ministry document reviewed by Reuters.The draft will...

Modhumoti Bank Celebrates International MSME

2024-07-03 00:00:00

Modhumoti Bank Celebrates International MSME Modhumoti Bank has recently celebrated International MSME day. On the day, the bank arranged a CMSME loan disbursement programme and open discussion session at the Mitford branch. Md. Shafiul Azam, managing director & chief executive...

MTB Foundation supports Flood Victims in Sylhet Region

2024-07-03 00:00:00

MTB Foundation supports Flood Victims in Sylhet RegionMTB Foundation, as part of its proactive emergency response towards the underprivileged community, has recently distributed relief materials to flood victims in Sylhet region, according to a press release. MTB Foundation believes that...

Each retail investor gets 11 IPO shares of Techno Drugs

FE REPORT | 2024-07-03 00:00:00

Each general investor will get 11 initial public offering (IPO) shares of Techno Drugs, while the non-resident Bangladeshis will receive 20 shares against submission of Tk 10,000.The Dhaka Stock Exchange (DSE) on Tuesday allocated the IPO shares of the drug...

BIFC cuts loss by not receiving fresh deposits

FE REPORT | 2024-07-03 00:00:00

Trouble-ridden Bangladesh Industrial Finance Company (BIFC) showed a slight reduction in its sky-high losses in a delayed financial statement published on Tuesday. The non-bank financial institution (NBFI) disclosed financial results for 2022, which it was supposed to make public by...

ICB adopts reforms to stem bad investments

Babul Barman | 2024-07-03 00:00:00

The Investment Corporation of Bangladesh (ICB) has reformed its portfolio management rules to avert bad investments and hold people behind them accountable "in the best interest of the institution".Until now, the country's largest investment bank, which has been criticised repeatedly...

Jewellery machinery expo begins tomorrow

2024-07-03 00:00:00

An international exhibition of jewellery machinery will begin in Dhaka on Thursday to promote technology integration in traditional jewellery-making to turn the country's gold industry into an export-oriented one, reports UNB. Bangladesh Jeweller's Association (BAJUS) in association with Indian partner...

Asia Pacific General Insurance chair, vice-chair re-elected

2024-07-03 00:00:00

The Board of Directors of the Asia Pacific General Insurance Company Limited has unanimously re-elected Aftabul Islam as Chairman and Kashfi Kamal as Vice-Chairman of the company for the next term.They were re-elected at a board meeting held on June...

SBI Regional Head arrives in Dhaka today

2024-07-03 00:00:00

Sushil Kumar, Regional Head (South Asia) of State Bank of India (SBI), will arrive in Dhaka today on a two-day visit to Bangladesh, says a press release. During his visit, Mr. Kumar will launch e-Remit (digital banking products) through YoNo,...

China Southern Airlines to launch Dhaka-Beijing direct flight on July 15

2024-07-03 00:00:00

China Southern Airlines is set to launch a direct flight route from Beijing Daxing International Airport to Dhaka, starting on July 15, in response to growing demand for travel between China and Bangladesh.The flight will be operated twice weekly, on...

NATIONAL LIFE INS APPROVES 38PC CASH DIVIDEND

2024-07-03 00:00:00

NATIONAL LIFE INS APPROVES 38PC CASH DIVIDENDThe 39th Annual General Meeting (AGM) of National Life Insurance Co. Ltd. was held virtually on Sunday. Morshed Alam, MP, Chairman of the company, presided over the meeting. Directors Matiur Rahman, ASM Mainuddin Monem,...

IFIC BANK WORKSHOP ON 'FAKE NOTE DETECTION AND PREVENTION'

2024-07-03 00:00:00

IFIC BANK WORKSHOP ON 'FAKE NOTE DETECTION AND PREVENTION' IFIC Bank PLC, the largest banking network in the country with more than 1,400 branches and sub-branches, organised a daylong workshop on 'Fake Note Detection and Prevention of its Circulation' at...

Digitisation to cut costs and enhance efficiency of businesses

2024-07-03 00:00:00

FE REPORTDigitisation will significantly cut costs and enhance efficiency of businesses, which is a requisite for Bangladesh's graduation from the LDC status.Bangladesh has so far made good progress but will lose some benefits when graduating from its LDC (least-developed country)...

What Brazil need to reach Copa America quarterfinals

Face Colombia today | 2024-07-03 00:00:00

Brazil and Colombia will play one of the most anticipated third-round matches of the tournament after their recent results, in a direct battle for the top spot of the group at Levi's Stadium in Santa Clara, California on Wednesday morning...

More changes to Mbappé face mask

2024-07-03 00:00:00

DUESSELDORF, Germany, July 02 (AP): Kylian Mbappé has had more masks than goals at the European Championship.The France captain is struggling with his peripheral vision in the masks that were fitted to protect his broken nose from his country's opening...

Redemption for tearful Ronaldo at 'last Euros'

2024-07-03 00:00:00

FRANKFURT, Germany, July 02 (Reuters): Goalkeeper Diogo Costa saved all three penalties as Portugal won 3-0 in a shootout against a brave Slovenia side who had held them to a 0-0 draw after Cristiano Ronaldo's extra-time miss from the spot...

Truck-private car collision leaves couple killed in Sylhet

2024-07-03 00:00:00

SYLHET, July 02 (UNB): A couple was killed and two others were injured in a collision between a truck and a private car in Dhopagul area in Sylhet on Monday evening.The deceased were identified as Abdus Sabur Mia, 27, son...

Physically challenged man killed after being hit by train in Natore

2024-07-03 00:00:00

NATORE, July 02 (UNB): A-40-year-old physically challenged man died after being struck by a train at Naldanga in Natore district on Tuesday morning.The deceased was identified as Rafiq Hossain, son of Jamal Hossain of Bhattapara village near the station.According to...

Sreepur zamindar estate on verge of ruination

2024-07-03 00:00:00

OUR CORRESPONDENTMAGURA, July 02: Sreepur zamindar estate, a historical relic that is situated in Sreepur upazila headquarters of the district, is on the verge of ruination for lack of years of maintenance.According to history, Sarada Ranjan Pal purchased landed property...

Landslide blocks road, disrupts traffic in Khagrachhari

2024-07-03 00:00:00

KHAGRACHHARI, July 02 (bdnews24.com): A landslide in Khagrachhari's Alutila Sapmara area has disrupted traffic between Dhaka and Chattogram.Many vehicles were stranded on the roads after the incident occurred around 5am on Tuesday.According to passengers, the Fire Service began to remove...

Vehicles ply precarious culvert in Gaibandha

OUR CORRESPONDENT | 2024-07-03 00:00:00

GAIBANDHA, July 02: Accident takes place frequently when vehicles ply on a precarious culvert built in Sardagari bill under Badiyakhali union of Sadar Upazila of the district.The culvert is well known to locals as 'Fachhir Gate' because after the construction...

UN adopts Chinese resolution with US support on closing gap in access to AI

2024-07-03 00:00:00

UNITED NATIONS, July 02 (AP): The United Nations General Assembly adopted a Chinese-sponsored resolution with U.S. support urging wealthy developed nations to close the widening gap with poorer developing countries and ensure that they have equal opportunities to use and...

Court verdict on Trump's immunity undermines rule of law, Biden says

2024-07-03 00:00:00

NEW YORK, July 02 (BBC): Joe Biden has described as a "dangerous precedent" a Supreme Court ruling giving former President Donald Trump partial immunity from criminal prosecution.The current US president said the judgement undermined the "rule of law" and was...

French polls candidates withdraw in bid to block far right

2024-07-03 00:00:00

PARIS, July 02 (BBC): French voters are waiting to see the full line-up for the second round of parliamentary elections, as scores of candidates stood aside in order to help defeat the far-right National Rally (RN).Parties have until 18:00 (17:00...