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Bangladesh cruise into final

2024-06-03 00:00:00

As expected defending champions Bangladesh cruised in the final in the fourth edition of Bangabandhu Cup International Kabaddi Tournament beating Thailand by 41-18 points with three creditable lonas in the first semifinal held at Shaheed Suhrawardy Indoor Stadium in the...

Some snaps of the opening ceremony at the Grand Prairie Cricket Stadium in Texas, on Sunday

2024-06-03 00:00:00

Sri Lanka aim to tame South Africa today

2024-06-03 00:00:00

NEW DELHI, June 02 (PTI): Sri Lanka will rely on its exceptionally varied bowling attack to tame the unrestrained batting power of South Africa in its Group D T20 World Cup opener here on Monday.They will be eager to get...

Shoriful doubtful for match against Lanka

2024-06-03 00:00:00

Bangladesh pace spearhead Shoriful Islam is a doubt for the team's first match of the T20 World Cup after he split the webbing between his index and middle finger while fielding a warm-up in New York on Saturday, report agencies.The...

T20 WC to generate US$300m for CWI

2024-06-03 00:00:00

Cricket West Indies (CWI) is expecting a significant financial boost with the co-hosting of the ICC Men's T20 World Cup 2024. According to reports, the tournament is expected to generate a revenue of approximately US$300 million for the cricket board,...

Aaron Jones gets party started in USA

2024-06-03 00:00:00

DALLAS, June 02 (AFP): Aaron Jones struck an explosive unbeaten 94 from 40 balls as the USA beat Canada by seven wickets in the opening game of the T20 World Cup on Saturday.Jones, born in New York but raised in...

PRIME BANK SIGNS AGREEMENT WITH TAHOOR

2024-06-03 00:00:00

Prime Bank PLC., a top-tier second generation local commercial bank in Bangladesh, has signed an agreement with TAHOOR, one of the reputed and elegant Muslim apparel brands. According to the agreement, the bank's privilege customers will get a 10 per...

South Korea's exports rise

2024-06-03 00:00:00

SEOUL, June 2 (Reuters): South Korea's exports rose for an eighth straight month in May, led by robust chip sales though overall growth in shipments lagged market expectations, trade data showed on Saturday.Overseas sales by Asia's fourth-largest economy rose 11.7...

Plan to sell TCB essentials for middle-income group

FE REPORT | 2024-06-03 00:00:00

Besides selling essential commodities at subsidised rates to the 10 million card-holder families, the government is also contemplating making an almost similar arrangement for the middle-income group in the future.State Minister for Commerce Ahasanul Islam Titu, MP disclosed the government...

SHIMANTO BANK'S CONTRIBUTION TO 'PM'S EDN ASSISTANCE TRUST'

2024-06-03 00:00:00

Shimanto Bank has contributed 5 per cent of CSR Budget for 2024 to the 'Prime Minister's Education Assistance Trust' recently. Rafiqul Islam, Managing Director & CEO of the bank, handed over a cheque to Smrity Karmaker, Managing Director (Additional Secretary)...

Premier Bank relocates Mirpur Section-1 Branch

2024-06-03 00:00:00

The Premier Bank PLC has shifted its Mirpur Section-1 Branch to spacious new premises (Rabiul Plaza. 2nd floor, Plot No Shee-1/Kha, Road No 1, Section 1, Mirpur, Dhaka) to provide the most modern and the best-in-class customer service to the...

Saudi Arabia takes orders for new Aramco share sale

2024-06-03 00:00:00

DUBAI, June 2 (Reuters): Saudi Arabia added four more banks for its secondary share offering of oil giant Aramco, as the advisers began taking orders on Sunday for the sale that could eventually raise up to $13.1 billion, 4-1/2 years...

India election 2024: How markets may react to the outcome

2024-06-03 00:00:00

MUMBAI, June 2 (Reuters): India's six-week long national election is in its final phase, with voting concluding on Saturday, and financial markets are keenly awaiting the verdict after counting scheduled for June 4.Pollsters and political analysts differ on the possible...

CSE demands market supportive tax waivers

FE REPORT | 2024-06-03 00:00:00

The port city bourse of the Chittagong Stock Exchange (CSE) wants strategic tax exemptions in the upcoming budget to support product diversification in the capital market in Bangladesh.As an important stakeholder, the CSE held a press conference on Sunday to...

Hami Industries to expand fisheries

FE REPORT | 2024-06-03 00:00:00

After resuming business operations last year by moving to fisheries and tannery, Hami Industries, formerly known as Imam Button Industries, has now decided to expand its agro business.In this regard, the company has planned to lease ponds on 23.5 bighas...

DCCI urges UK to import more from Bangladesh

FE REPORT | 2024-06-03 00:00:00

Dhaka Chamber of Commerce and Industry (DCCI) on Sunday urged the United Kingdom (UK) to import more from Bangladesh. The trade body made the appeal during a bilateral meeting between DCCI President Ashraf Ahmed and British High Commissioner to Bangladesh...

FTA imperative for boosting BD-China economic, trade cooperation

FE REPORT | 2024-06-03 00:00:00

The China-Bangladesh FTA is imperative for the enhancement of bilateral economic and trade cooperation, said Chinese Ambassador in Dhaka Mr Yao Wen on Sunday. The China-Bangladesh FTA serves as a guarantee for the healthy and stable development of bilateral economic...

ICCB president meets Finance minister

2024-06-03 00:00:00

ICC Bangladesh President Mahbubur Rahman, seated (2nd from left) and ICCB executive board members called on Finance Minister Abul Hasan Mahmood Ali, seated (2nd from right) and State Minister for Finance Waseqa Ayesha Khan, seated (extreme right) at Bangladesh Secretariaton...

Most chemical cos continue to ride a bumpy road

FE REPORT | 2024-06-03 00:00:00

Most listed chemical manufacturers are struggling to make profits since the pandemic while lingering macroeconomic challenges, stronger dollar and runaway inflation have continued to adversely affect their business.Among the six organisations listed in the stock market, only Kohinoor Chemicals maintained...

S Lankan procurement team in city to learn about e-GP

2024-06-03 00:00:00

A seven-member delegation from Sri Lanka arrived in Dhaka on Sunday on a 3-day experience-sharing visit to learn about and understand how Bangladesh has successfully implemented Government Procurement (e-GP) system, introduced by Bangladesh Public Procurement Authority (BPPA), reports UNB.The delegation...

Russia eases forex sales requirements for contracts in roubles

2024-06-03 00:00:00

MOSCOW, June 02 (Reuters): The Russian government has softened requirements for mandatory sales of foreign currency for exporters if more than half of the value of their contracts is paid in roubles, according to changes to a government decree.President Vladimir...

Marcel fridge buyer gets Tk 1.0m cashback

2024-06-03 00:00:00

Hazrat Ali from Dupchanchia upazila of Bogura has been awarded Tk 1.0 million cashback after he had purchased a Marcel-brand refrigerator. He got the benefit under the local brand's ongoing Digital Campaign Season-20. Marcel's Brand Ambassador film actor Amin Khan,...

Int'l webinar on 'Accounting in the Changing Environment'

2024-06-03 00:00:00

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) co-hosted an international webinar in association with the Asia Pacific Management Accounting Association (APMAA) and the Bangladesh Accounting Association (BAA) under the theme 'Accounting in The Changing Environment' on Saturday....

Upay hosts freelance meetup in Mymensingh

2024-06-03 00:00:00

Country's popular mobile financial service provider upay has organised a freelancer meetup in Mymensingh recently, says a press release. At the event, the freelancers discussed various challenges they face regularly, and the possible ways to overcome them. The session highlighted...

Mercantile Bank marks 25th anniversary

2024-06-03 00:00:00

Mercantile Bank PLC celebrated its 25th anniversary at its head office in the city on Sunday. Chairman of the bank Morshed Alam, MP, inaugurated the event by cutting a cake while Md Quamrul Islam Chowdhury, Managing Director of the bank,...

Kurigram, Gazipur road accidents kill three

2024-06-03 00:00:00

Three people killed in separate road accidents in Kurigram and Gazipur districts, reports UNB.In Kurigram, a Jubo League activist was crushed to death by a sand-laden truck early Sunday.The deceased was identified as Md Islam Bhuttu, 46, a resident of...

RU students busy with govt job-oriented studies

A CORRESPONDENT | 2024-06-03 00:00:00

RAJSHAHI UNIVERSITY, June 02: Rajshahi University (RU) students do not spend time on the subject-oriented studies in the RU Central Library, rather engage themselves in the government job-oriented studies.Students think that they will nothing good through subject-based studies as the...

Cyclone Remal leaves trail of devastation in Chandpur

OUR CORRESPONDENT | 2024-06-03 00:00:00

CHANDPUR, June 02: Cyclone Remal has left a trail of devastation in the agricultural landscape, road and housing infrastructures as well as homesteads in Chandpur district. The storm caused a massive damage to the town protection embankment. Besides, it blew...

Ishtiaque Abedin, speaking at an orientation

2024-06-03 00:00:00

Ishtiaque Abedin, founder member and chairman of the American International University-Bangladesh (AIUB) Board of Trustees, speaking at an orientation of the newly-enrolled students of the university in its city campus on Sunday

Weather (2024-06-03)

2024-06-03 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh, Sylhet, Dhaka, Rajshahi, Chattogram, Khulna and Barishal divisions in the next 24 hours from 06:am today (Monday), according to the...