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Nat'l Fisheries Week begins in Bandarban

2024-07-31 00:00:00

BANDARBAN, July 30 (BSS): A week-long 'National Fisheries Week-2024' began on Tuesday in the district to promote sustainable development and expansion of fisheries resources.This year, the theme of the week is "Nirapad Machee Varbo Desh, Garbo Smart Bangladesh".On the occasion,...

Severe erosion continues in Teesta

2024-07-31 00:00:00

KURIGRAM, July 30 (UNB): As floodwaters recede, the Teesta River in Kurigram is witnessing severe erosion, devastating approximately 200 homes in the Rajarhat and Ulipur upazilas along a 40-kilometre stretch.The ongoing erosion at 10 different spots is causing the river's...

Illegal catching of fry goes on in Sylhet region

OUR CORRESPONDENT | 2024-07-31 00:00:00

SYLHET, July 30: Local species of sweet water fish are declining in Sylhet region due to lack of proper monitoring on the illegal catching of fry.Sources said some organised groups of fishermen and influential quarters are allegedly engaged in indiscriminate...

CRYSTAL INSURANCE COMPANY BOARD MEETING HELD

2024-07-31 00:00:00

The 108th meeting of the Board of Directors of Crystal Insurance Company Limited was held in the Board Room of Company's Corporate Office in Dhaka on Sunday. Abdullah Al-Mahmud (Mahin), Chairman of the company, presided over the meeting. Directors AHM...

SONALI BANK DONATES MICROBUS TO RELIGIOUS AFFAIRS MINISTRY

2024-07-31 00:00:00

Sonali Bank PLC donated a microbus to the Hajj wing of the Ministry of Religious Affairs as part of its corporate social responsibility. Sonali Bank CEO & Managing Director Md. Afzal Karim handed over a dummy key of the microbus...

Success of Agrani Bank in Annual Performance Agreement

2024-07-31 00:00:00

Agrani Bank PLC was ranked second among state-owned commercial banks in the final assessment of the Annual Performance Agreement (APA) for the financial year 2022-2023 by the Financial Institutions Division of the Ministry of Finance. In recognition of this success,...

Palm oil futures edge up

2024-07-31 00:00:00

JAKARTA, July 30 (Reuters): Malaysian palm oil futures rose on Tuesday, supported by a stronger palm oil contract on the Dalian Commodity Exchange, and the Chicago soyoil.The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange...

Oil drops to two-month low as China concerns weigh

2024-07-31 00:00:00

LONDON, July 30 (Reuters): Oil traded at its lowest levels since early June on Tuesday as worries about demand in China offset the prospect of lower US crude and product inventories.Brent crude fell by 77 cents, or 0.97 per cent,...

Gold drifts upwards

2024-07-31 00:00:00

Gold prices edged higher on Tuesday as investors awaited the Federal Reserve's commentary on its monetary policy and a deluge of US economic data due later in the week for more clues on the pace and scale of the Fed's...

Singapore's Temasek plans to invest $30b in US over next five years

2024-07-31 00:00:00

NEW YORK, July 30 (Reuters): Singapore state investor Temasek plans to invest up to $30 billion over the next five years in the US in sectors such as healthcare, financial services and technology."It's an incredibly deep and broad capital market...

Islamic Finance and Investment Limited holds Board meeting

2024-07-31 00:00:00

The 348th meeting of the Board of Directors of Islamic Finance and Investment Limited (IFIL) was held at its Head Office in Dhaka on Tuesday. K. B. M. Moin Uddin Chisty, Chairman of the Board of Directors of IFIL, presided...

BGIC, ONE BANK SIGN BANCASSURANCE AGREEMENT

2024-07-31 00:00:00

Bangladesh General Insurance Company PLC (BGIC) and ONE Bank PLC signed a Corporate Agent (Bancassurance) Agreement recently. CEO of BGIC Ahmed Saifuddin Chowdhury and Managing Director of ONE Bank Md. Monzur Mofiz signed the agreement at the Head office of...

NAVAL BASE BRANCH OF TRUST BANK RELOCATED

2024-07-31 00:00:00

Rear Admiral Khondkar Misbah-ul-Azim, Commander, Chattogram Naval Area, inaugurated the relocated Naval Base Branch of Trust Bank PLC in Chattogram on Monday. Ahsan Zaman Chowdhury, Managing Director of Trust Bank, was also present.

Jamuna Bank holds 23rd Annual General Meeting

2024-07-31 00:00:00

The 23rd Annual General Meeting of Jamuna Bank PLC was held virtually at the Corporate Office of the bank on Tuesday. Md. Saidul Islam, Chairman of the Board of Directors of the bank, presided over the meeting. All other Directors,...

Chinese firm to invest $1.26m in new manufacturing facility

2024-07-31 00:00:00

Baida Industrial Company Limited, a Chinese company, is going to invest $1.26 million to set up a Printed Materials and Packaging Products manufacturing industry at Uttara Export Processing Zone (UEPZ) in Nilphamari, reports UNB.A deal was signed in this regard...

REHAB to train 10,000 construction workers

FE REPORT | 2024-07-31 00:00:00

The country's realtors aim to train 10,000 additional professional construction workers to meet the growing demand for skilled human resources. To this end, the Real Estate and Housing Association of Bangladesh (REHAB) signed an agreement with a skills development project...

Govt plans to boost fish production by using technology

2024-07-31 00:00:00

The government will take initiative to increase fish productivity at every stage by adopting modern, automated fish farming technologies and farm mechanisation, aiming to achieve a target of 8.5 million tonnes of fish production by 2041. Fisheries and Livestock Minister...

Foreign investors unhappy after India restores curbs on some bond purchases

2024-07-31 00:00:00

MUMBAI, July 30 (Reuters): Foreign investors see India's decision to return to curbs on purchases of some government securities as a flip-flop in policy that may force them to redraw investment strategies, global fund managers said on Tuesday.Such limits were...

Russia will launch cross-border crypto payments before end-2024

2024-07-31 00:00:00

MOSCOW, July 30 (Reuters): Russia will carry out its first international payments in cryptocurrencies before the end of this year in order to overcome difficulties created by Western sanctions, the central bank's governor, Elvira Nabiullina, said on Tuesday.Russia has faced...

MTB Foundation distributes grants TO fishing communities

2024-07-31 00:00:00

MTB Foundation, as part of its project titled 'Creating Alternative Livelihood for Vulnerable Fishing Communities through Income Generating Activities (IGAs)' distributed livelihood assets grant to a large number of households (HHs) of the vulnerable fishing communities at Patharghata sadar and...

Modhumoti Bank holds 11th AGM

2024-07-31 00:00:00

Modhumoti Bank held the 11th Annual General Meeting at Sheraton Dhaka on Tuesday, July 30, 2024. Humayun Kabir, chairman of the board of directors of the bank, presided over the meeting. The meeting approved audited financial statements along with directors'...

Cos seek more time to submit Q2 reports

FE REPORT | 2024-07-31 00:00:00

A significant number of listed companies that follow the calendar year in preparing financial statements have sought a time extension by 15 days to submit their second quarter (Q2) reports to the stock exchanges and the securities commission.They say they...

Linde's profit surges 46pc in Q2

FE REPORT | 2024-07-31 00:00:00

Linde Bangladesh's profit surged 46 per cent year-on-year to Tk 101 million in the April-June quarter this year, riding on higher sales even after the sale of its hard goods business.The company's cost of goods sold was reduced by 9...

Equity market sinks as unrest, nation's credit rating erode confidence

FE REPORT | 2024-07-31 00:00:00

Clouds of concern over the equity market became heavier after days of violence and curfew, prompting investors to sell off their assets to avoid further losses driving down the key index of the prime bourse below 5,300 points. Adding to...

Weather (2024-07-31)

2024-07-31 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Khulna, Barishal, Chattogram and Sylhet divisions; at many places over Mymensingh and Dhaka divisions and at a few places over Rangpur and...

One more dies of dengue _

2024-07-31 00:00:00

One more person died of dengue in the last 24 hours until Tuesday morning, according to the daily statement of the Directorate General of Health Services (DGHS), reports BSS.During the period, 45 dengue patients were hospitalised in Dhaka city, while...

Shafin Ahmed laid to rest

2024-07-31 00:00:00

Rock icon Shafin Ahmed was laid to rest atop his father's burial site at Banani Graveyard in the capital on Tuesday, report agencies.His first namaz-e-janaza was held at Dar al Noor Islamic Community Mosque in Virginia on Saturday at 1...

Nine new HC judges take oath

2024-07-31 00:00:00

Nine new High Court (HC) judges have taken the oath of office, reports UNB.Chief Justice Obaidul Hassan administered the oaths to the nine judges at the Judges' Lounge of the Supreme Court on Tuesday morning, said Shafiqul Islam, public relations...

Grameen Kalyan has to pay Tk 6.66b: HC

FE REPORT | 2024-07-31 00:00:00

The High Court (HC) on Tuesday indicated that Grameen Kalyan (GK), an organisation headed by Noble Laureate Prof Dr Muhammad Yunus, has to pay Tk 6.66 billion as income tax for five assessment years - from 2012-2013 to 2016-2017. The...

'March for justice' today

2024-07-31 00:00:00

The agitating students under the banner of the Anti-discrimination Student Movement will hold a 'march for justice' programme in all campuses, courts and roads across the country today (Wednesday).Abdul Hannan Masud, a coordinator for the movement, announced the programme on...