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Banglalink and ICMAB host knowledge sharing session for accountants

2024-07-17 00:00:00

Banglalink, the country's leading digital operator, collaborated with the Institute of Cost and Management Accountants of Bangladesh (ICMAB) to organise a seminar aimed at sharing cross-industry best practices among professionals on ethics and compliance in business operations.This session contributed to...

Nagad's ED made Fintech standing committee chairman at BASIS

2024-07-17 00:00:00

Niaz Morshed Elite, executive director at Nagad Ltd., has been appointed as the chairman of the Standing Committee on FinTech and Digital Payment at Bangladesh Association of Software and Information Services (BASIS).This appointment reflects Nagad's key role in the fintech...

Trust Bank holds 25th AGM

2024-07-17 00:00:00

The 25th Annual General Meeting (AGM) of Trust Bank Limited was held on a digital platform on Tuesday. Maj Gen Md Jubayer Salehin, Vice Chairman of the bank, presided over the meeting. Among others, members of the Board Brig Gen...

Wobbly economy cuts by half profit of LafargeHolcim

FE REPORT | 2024-07-17 00:00:00

LafargeHolcim Bangladesh witnessed a 53 per cent year-on-year decline in profit in the second quarter through June (Q2) this year due to lower sales amid lingering macro-economic challenges.The cement manufacturer's sales dropped 8 per cent year-on-year to Tk 6.16 billion...

GP's profit shrinks in Q2, driven by higher costs, foreign exchange loss

FE REPORT | 2024-07-17 00:00:00

Grameenphone's profit dropped almost 28 per cent year-on-year to Tk 8.61 billion in the April-June quarter this year, owing to higher operational costs and foreign exchange loss.The leading telecom company's revenue, however, grew 5.6 per cent year-on-year to Tk 42.2...

US retail sales unchanged in June

2024-07-17 00:00:00

WASHINGTON, July 16 (Reuters): US retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by strength elsewhere, a show of consumer resilience that boosts economic growth prospects for the second quarter.The report from...

IBTRA INAUGURATES INTERNSHIP PROGRAMME

2024-07-17 00:00:00

Islami Bank Training and Research Academy (IBTRA) inaugurated the 159th Internship Programme on Monday. Mohammed Monirul Moula, Managing Director of the bank, inaugurated the programme as the chief guest. Md. Nazrul Islam, Principal of IBTRA, presided over the programme. A...

SHAHJALAL ISLAMI BANK'S TREE PLANTATION PROGRAMME

2024-07-17 00:00:00

As a part of its corporate social responsibility, Chuadanga branch, Kushtia branch, Meherpur branch and Moheshpur branch of Shahjalal Islami Bank PLC organised a tree plantation programme on the premises of Victoria Jubilee Government High School in Chuadanga recently. Managing...

UCB PLC ORGANISES TRAINING FOR AGRI-ENTREPRENEURS

2024-07-17 00:00:00

As part of its Corporate Social Responsibility (CSR) project 'Bhoroshar Notun Janala', the United Commercial Bank PLC (UCB) has organised a skill development training programme at the Town Club auditorium in Chapainawabganj recently to equip local agri-entrepreneurs with essential skills....

Thailand to help develop tourism sector in BD

2024-07-17 00:00:00

Dr Nalinee Taveesin, Advisor to Thai Prime Minister and Thailand Trade Representative, has said her country will provide necessary support to Bangladesh for the development of tourism sector, reports BSS.A high-level Thai delegation, led by Nalinee Taveesin visited Sabrang Tourism...

IFIC BANK WORKSHOP ON 'FAKE NOTE DETECTION AND PREVENTION' -

2024-07-17 00:00:00

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 a local auditorium in Khulna on Saturday. Md. Abdul...

ICC WORKSHOP ON 'DIGITALIZING INT'L TRADE (DSI) IN BANGLADESH'

2024-07-17 00:00:00

ICC Bangladesh and ICC-DSI of International Chamber of Commerce jointly organised a daylong workshop on 'Digitalizing International Trade (DSI) in Bangladesh' in Dhaka recently. State Minister for Finance Waseqa Ayesha Khan (6th from right), inaugurated the Workshop as the chief...

IMF maintains 2024 global growth forecast, warns of inflation risk

2024-07-17 00:00:00

WASHINGTON, July 16 (AFP): The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead.The International Monetary...

Aluminium hits 3-month low, copper slips

2024-07-17 00:00:00

LONDON, July 16 (Reuters): Aluminium prices dropped to the lowest in over three months on Tuesday on worries about oversupply, while copper also slumped in the wake of weak economic data from top metals consumer China.Three-month aluminium on the London...

Gold rises with US rate cut optimism

2024-07-17 00:00:00

LONDON, July 16 (Reuters): Gold prices rose on Tuesday as comments from Federal Reserve Chair Jerome Powell bolstered the case for a September rate cut, while investors awaited more U.S. economic data for further monetary policy cues.Spot gold gained 0.8...

Palm oil snaps two-day losing streak

2024-07-17 00:00:00

KUALA LUMPUR, July 16 (Reuters): Malaysian palm oil futures rose on Tuesday to snap a two-day decline, buoyed by stronger rival Dalian and Chicago contracts and higher export estimates.The benchmark palm oil contract for October delivery on the Bursa Malaysia...

Japan to boost jet fuel production and imports amid tourism boom

2024-07-17 00:00:00

TOKYO, July 16 (Reuters): Japan plans to increase jet fuel production and imports to address a pick up in demand from flights amid a boom in tourism, according to a draft government plan presented on Tuesday.The initiative aims to tackle...

Oil slips on demand concerns in China

2024-07-17 00:00:00

LONDON, July 16 (Reuters): Oil prices declined more than 1 per cent on Tuesday on worries of a slowing Chinese economy crimping demand and despite a growing consensus the U.S. Federal Reserve could begin cutting its key interest rate as...

Messi's injury update post Copa America

2024-07-17 00:00:00

MIAMI, July 16 (Xinhua): Argentina captain Lionel Messi expressed hope that he would recover quickly from an ankle sprain sustained during his team's 1-0 victory over Colombia in the Copa America final.The 37-year-old was forced off the pitch in the...

'I will give my all,' says Mbappe at Real Madrid unveiling

2024-07-17 00:00:00

MADRID, July 16 (AFP): French superstar Kylian Mbappe was officially unveiled as a Real Madrid player on Tuesday, telling 80,000 fans "my dream has come true".The striker, who had completed his medical earlier on Tuesday morning, signed a five-year contract...

Gareth Southgate resigns as England boss after Euros final defeat

2024-07-17 00:00:00

Gareth Southgate resigned from his role as England manager on Tuesday after yet another heartbreaking final loss at the European Championship, their second straight failure in the title decider of the continental tournament, report agencies.England lost 2-1 to Spain in...

Tigresses aim for a semifinal spot

2024-07-17 00:00:00

Bangladesh captain Nigar Sultana said that they are aiming for a semifinal spot in the ACC Women's Asia Cup T20, reports UNB.Bangladesh, the former champions, have experienced a mixed bag of results over the last couple of years. Last year,...

Rishad not ready for Test: Shanto

2024-07-17 00:00:00

Nazmul Hossain Shanto, Bangladesh's all-format captain, on Tuesday said that young leg-spinner Rishad Hossain is not ready for Test cricket yet, reports Cricbuzz.Rishad's name had come up in discussion for the upcoming two-match Test series against Pakistan following his remarkable...

Woman turns self-reliant thru flower gardening

OUR CORRESPONDENT | 2024-07-17 00:00:00

PABNA, July 16: A housewife has become a successful entrepreneur who earns a good sum of money every month from her flower garden she made on the rooftop of their house in Ishwardi municipality of the district.Jannatul Ferdous Juthi, wife...

Six get life-term for killing woman

2024-07-17 00:00:00

JOYPURHAT, July 16 (BSS): A court here today sentenced six people to life-term imprisonment for killing a woman in Sadar upazila of the district in 2008.Additional District and Sessions Judge Court-1 Judge Md. Nurul Islam pronounced the verdict this afternoon.The...

Mother, child hit by train die in Joypurhat

2024-07-17 00:00:00

JOYPURHAT, July 16 (bdnews24.com): A woman and her five-year-old son have died after being rammed by a train in the Pachbibi upazila in Joypurhat.The accident occurred on Monday evening, said Faisal Bin Ahsan, chief of Pachbibi Police Station. However, detailed...

1,200 families become homeless in Rajshahi

OUR CORRESPONDENT | 2024-07-17 00:00:00

RAJSHAHI, July 16: As many as 6,000 people from 1,200 families at Chakrajapur Union of Bagha Upazila of the district have become homeless as the Padma riverbank erosion has turned alarming.Locals said three government primary schools have been relocated to...

News in Brief -2024-07-17

2024-07-17 00:00:00

Four killed in shooting near Oman mosqueMUSCAT, July 16: Four people were killed and multiple others wounded in a shooting near a Shiite mosque in the Omani capital Muscat, police said Tuesday, a rare attack in the otherwise stable Gulf...

Trump named Republican candidate, picks right-wing Vance as VP

2024-07-17 00:00:00

MILWAUKEE, July 16 (Agencies): Donald Trump won the formal nomination Monday as the Republican presidential candidate and picked a right-wing loyalist for his running mate, kicking off a triumphalist party convention in the wake of the weekend's failed assassination attempt.The...

More than 10m people displaced by Sudan war: IOM

2024-07-17 00:00:00

CAIRO, July 16 (Reuters): More than 10 million Sudanese, or 20 per cent of the population, have been driven from their homes since the war there began, the International Organization for Migration (IOM) said on Tuesday, as the world's largest...