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Taskin urges fans to keep faith in them

2024-06-29 00:00:00

Bangladesh fast bowler Taskin Ahmed urged the country's people not to see the just minus point as they are trying to get their feet in the T20 format of the cricket, reports BSS."We won three matches in the T20 World...

I prepare my side for the first ever final, says Walter

2024-06-29 00:00:00

BRIDGETOWN, June 28 (AFP): After years of high profile coaches, it is the relatively unknown Rob Walter who stands on the brink of South African cricket history as he prepares his side for their first ever World Cup final.The Proteas...

Unbeaten India and SA ready to end glory waits in T20 WC final today

2024-06-29 00:00:00

BRIDGETOWN, Barbados, June 28 (AFP): Unbeaten throughout almost a month of cricket across the USA and the Caribbean, India and South Africa will face off at the Kensington Oval today (Saturday) in the T20 World Cup final both looking to...

Top 5 Sonali Life execs get show-cause notices

2024-06-29 00:00:00

FE REPORTThe newly appointed administrator of Sonali Life Insurance Company Limited (SLICL) has served show-cause notices on its top five executives, including AMD and DMD, for making written complaints against him.According to sources, the administrator, Brig Gen (retd) SM Ferdous,...

BGIC's profit drops 17pc on sluggish business climate

FE REPORT | 2024-06-29 00:00:00

Bangladesh General Insurance Company (BGIC) reported a 17 per cent drop in profit to Tk 68.6 million for 2023, due to higher claim settlements and lower earnings from the stock market.In 2022, the country's first general insurer made a profit...

DSEX hits one-month high as large-cap stocks surge

FE REPORT | 2024-06-29 00:00:00

Stocks ended sharply higher in the outgoing week, with the benchmark equity index going past the 'psychological' threshold of 5,300 points after a month, largely driven by large-cap stocks.Market experts said the multinational and blue-chip stocks witnessed buying momentum after...

IUB, ICMAB forge partnership

2024-06-29 00:00:00

Independent University, Bangladesh (IUB) and the Institute of Cost and Management Accountants of Bangladesh (ICMAB) signed a Memorandum of Understanding (MoU) recently, marking a new era of collaboration and opportunity for students and professionals, says a press release.The agreement was...

China announces 1,000 scholarships for Global South

2024-06-29 00:00:00

Beijing, June 28 (UNB): President of China Xi Jinping on Friday announced 1,000 scholarships under the Five Principles of Peaceful Coexistence Scholarship of Excellence and 100,000 training opportunities to Global South countries in the coming five years.He said while delivering...

Union Bank training programme

2024-06-29 00:00:00

Union Bank Training Institute organised the inaugural ceremony of a 21-day long foundation training course on the premises of Union Bank PLC recently, says a press release. Managing Director and CEO of the bank ABM Mokammel Hoque Chowd-hury was present...

IMF lauds BD’s efforts to take forward forex reserves

2024-06-29 00:00:00

The International Monetary Fund (IMF) has lauded Bangladesh for recent introduction of the Crawling Peg Mid-Rate (CPMR) system which is helping foreign exchange reserves going forward, reports BSS."The transition to a crawling peg with the band exchange rate arrangement is...

Denmark launches Tk 254m dairy project in Bangladesh

2024-06-29 00:00:00

Danida Green Business Partnership (DGBP) under the Ministry of Foreign Affairs of Denmark has launched an innovative dairy project in Bangladesh. Titled 'Green Dairy Partnership in Bangladesh,' the scheme is aimed at creating a sustainable and productive dairy value chain...

US drone flights over Black Sea risk direct clash

2024-06-29 00:00:00

MOSCOW, June 28 (AFP): Russia warned the United States on Friday its reconnaissance drone flights over the Black Sea risked leading to a "direct" military clash, issuing the threat days after angrily blaming Washington for a missile strike on Crimea.Ukraine's...

Israeli forces push deeper into Gaza

2024-06-29 00:00:00

CAIRO, June 28 (Reuters): Israeli forces deepened their incursion into two northern and southern areas of the Gaza Strip on Friday, and Palestinian health officials said tank shelling in Rafah killed at least 11 people.Residents and Hamas media said tanks...

Former Cameroon international Nguemo dies in car crash

2024-06-29 00:00:00

YAOUNDE, June 28 (AFP): Landry Nguemo, the 38-year-old former Cameroon international, died in a traffic accident on Thursday, the Cameroon Football Federation (Fecafoot) said on its Facebook page."Fecafoot has just learned the news of the death of the former Indomitable...

Chess Championship FM Neer takes solo lead

2024-06-29 00:00:00

FIDE Master Manon Reja Neer of Bangladesh Navy took solo lead in the points table with four points after the fifth round of SAIF Powertec 48th Chess Championship held at Bangladesh Chess Federation Hall room on Thursday, reports BSS.GM Ziaur...

Tragic deaths & Hajj management

Tanim Asjad | 2024-06-29 00:00:00

During the Hajj this year, the death of more than a thousand pilgrims was a shocking incident that also sparked criticism across the world. Death during the Hajj is not unusual, as a few pilgrims die every year due to...

Chairman and CEO of Korea Export-Import Bank YOON,

2024-06-28 00:00:00

Chairman and CEO of Korea Export-Import Bank YOON, Hee Sung called on Prime Minister Sheikh Hasina at her Sangsad Bhaban office on Thursday. —Focus Bangla

Bangladesh wins award for movie 'Mujib: the Making of a Nation'

2024-06-28 00:00:00

KUALA LUMPUR, June 27 (BSS): Bangladesh has won the 'Best Activities Award' for the screening of the movie 'Mujib: The Making of a Nation' at the International Expo (iExpo) held at the renowned Multimedia University of Malaysia (MMU), Cyberjaya, Selangor.Khalid...

Inflation to nudge 8.0pc in FY ’25: MEI

FE REPORT | 2024-06-28 00:00:00

Bangladesh's inflation rate may rise to 9.80 per cent at the end of June but decline to 8.0 per cent in fiscal year (FY) 2025, forecasts the Mastercard Economics Institute.It also projects that the country's GDP (gross domestic product) growth,...

42 dengue patients hospitalised

2024-06-28 00:00:00

Forty-two people were hospitalised with dengue fever in 24 hours till Thursday morning. Of them, 18 patients were hospitalised in Dhaka city, while the rest were outside the capital, according to the Directorate General of Health Services (DGHS), reports UNB....

A door on a Biman flight was left unlocked before take-off. What happened?

2024-06-28 00:00:00

A Biman Bangladesh Airlines flight was en route from Dhaka to Qatar's Doha via Chattogram on Wednesday afternoon when it suddenly slowed down on the runway and returned to the hangar.After the incident on Wednesday afternoon, authorities announced that the...

DMP's 'Quick Response Team' to help HSC examinees

2024-06-28 00:00:00

Quick Response Team (QRT) of the Dhaka Metropolitan Police (DMP) will be ready to help the examinees during their Higher Secondary Certificate (HSC) and equivalent examinations. Dhaka Metropolitan Police (DMP) Additional Commissioner (Traffic) Md Munibur Rahman shared the information at...

Petition seeks ACC inquiry into assets of ex-DMP chief Asaduzzaman Mia

FE REPORT | 2024-06-28 00:00:00

A petition has been filed seeking Anti-Corruption Commission's (ACC) inquiry into the allegations of accumulating illegal assets by former Dhaka Metropolitan Police (DMP) Commissioner Asaduzzaman Mia and his family members. Salah Uddin Reagan, a Supreme Court lawyer, submitted the petition...

Confiscate assets of NBR first secy Faisal: Court

FE REPORT | 2024-06-28 00:00:00

A Dhaka Court on Thursday ordered the government agencies concerned to confiscate all movable and immovable properties owned by Quazi Abu Mahmud Faisal, first secretary (taxes legal and enforcement) of the National Board of Revenue (NBR). It also asked the...

Court orders hiring receivers to manage Benazir's more assets

FE REPORT | 2024-06-28 00:00:00

A Dhaka court on Thursday allowed appointment of administrators (receivers) to look after the immovable properties of former Inspector General of Police (IGP) Benazir Ahmed and his family members. Judge of the Metropolitan Senior Special Judge's Court in Dhaka, Mohammed...

Develop children as worthy citizens with science knowledge: PM

2024-06-28 00:00:00

Prime Minister Sheikh Hasina on Thursday stressed the need for grooming up children with the knowledge of science and technology to make them worthy citizens as they may conquer the moon in the future."We have to go to the moon...

Fresh bidding for mid-July delivery

FE REPORT | 2024-06-28 00:00:00

The government has floated a new tender to buy a cargo of spot-market LNG (liquefied natural gas) for mid-July delivery after the cancellation of four such cargoes for June delivery.The state-backed Rupantarita Prakritik Gas Company Ltd (RPGCL) invited bidders on...

VAT exemptions cost Tk 1.29tn in 2022

Doulot Akter Mala | 2024-06-28 00:00:00

The country's value-added tax (VAT) revenue from domestic sources was reduced by an estimated 3.26 per cent of GDP in 2022 due to various waivers and exemptions, according to a study, calling the declining VAT flow "concerning".The study by the...

Briefing 2024-06-28

2024-06-28 00:00:00

Licence of Cosmopolitan Finance scrapped for bringing no IPO in a decadeThe securities regulator has scrapped the licence of Cosmopolitan Finance as the merchant bank failed to bring a single IPO since its inception in 2010. The sister concern of...

Parts of Sadeeq Agro farm demolished

FE REPORT | 2024-06-28 00:00:00

The Dhaka North City Corporation (DNCC) demolished illegal structures of Sadeeq Agro farm and its adjacent establishments in Mohammadpur area of the capital on Thursday.The animal farm was partly built on Ramchandrapur canal and the nearby road illegally, official sources...