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CBOT soybeans futures end down

2024-07-14 00:00:00

CHICAGO, July 13 (Reuters): Chicago Board of Trade soybean futures ended the week down on Friday despite turning positive following a US Department of Agriculture report that cut the US soybean production forecast.Multiple soybean contracts hit lifetime lows and fell...

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'..

2024-07-14 00:00:00

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'In collaboration with Shahjalal Islami Bank PLC, Bangladesh Financial Intelligence Unit (BFIU) organised a daylong workshop on 'Prevention of Money Laundering and Combating Financing of Terrorism' on Saturday with the participation of 65 branch representatives...

IDLC Shariah Fund meeting --

2024-07-14 00:00:00

The 19th Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held recently with Dr Syed Muhammed Emdad Uddin in the Chair, says a press release.Board members Maulana Sayed Kamaluddin Abdullah Zafree,...

NRBC Bank disburses loan cheques among CMSME entrepreneurs

2024-07-14 00:00:00

NRBC Bank organised a discussion with cluster-based industrial entrepreneurs to raise public awareness about the Tk 250 billion 'Pre-Finance Scheme' established by Bangladesh Bank for entrepreneurs in the Cottage, Micro, Small, and Medium Enterprises (CMSME) sector. During the event, loans...

Asia investors wager on region's rebound, China recovery

2024-07-14 00:00:00

SINGAPORE, July 13 (Reuters): Asia's rich and their bankers said they are backing an eventual recovery in China and betting exposure to a region that even in a slowdown is the fastest-growing in the world will pay off."You've got to...

Rumee re-elected executive committee chair of Bank Asia

FE Desk | 2024-07-14 00:00:00

Mr. Rumee A Hossain has been re-elected as chairman of the board executive committee of Bank Asia at a recent board meeting, according to a statement.He is one of the sponsor directors of the bank. Mr. Hossain is a graduate...

Ahsan Zaman new MD of Trust Bank

FE Desk | 2024-07-14 00:00:00

Ahsan Zaman Chowdhury has been appointed as managing director of Trust Bank, effective from July 10, 2024, according to a press statement. Prior to his new role, he served Trust Bank as deputy managing director & chief business officer from...

EBL inks MoU with Bangladesh Indenting Agents Association

2024-07-14 00:00:00

EBL inks MoU with Bangladesh Indenting Agents AssociationEastern Bank (EBL) will provide members of Bangladesh Indenting Agents Association (BIAA) with priority banking facilities. Ahmed Shaheen, additional managing director, EBL, and A. K. M. Azad, president, BIIA, signed a Memorandum of...

Eastland Insurance holds half-yearly biz conference

FE Desk | 2024-07-14 00:00:00

Eastland Insurance Company Limited held its half-yearly business conference to review the performance on Saturday at the DCCI Auditorium at Motijheel in Dhaka. Mahbubur Rahman, the company's chairman, inaugurated the event, according to a press release. Distinguished board members Kamal...

Transfer from OTC to SME board: Regulator has more things to fret about

Mohammad Mufazzal | 2024-07-14 00:00:00

Sponsor-directors of Wonderland Toys offloaded a significant amount of the company's shares within just two years and three months after listing on the SME board of the Dhaka Stock Exchange in September 2021. By December 2023, their stake in the...

VinFast delays US electric car plant amid market slowdown

2024-07-14 00:00:00

HANOI, July 13 (Reuters): Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the...

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'--

2024-07-14 00:00:00

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'Bangladesh Financial Intelligence Unit (BFIU), a key player in the fight against financial crimes, has organised a daylong training programme on 'Prevention of Money Laundering and Combating Financing of Terrorism' for bank officials of Pirojpur...

PepsiCo quarterly revenue disappoints on slowing sales of snacks, beverages

2024-07-14 00:00:00

PepsiCo missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from private-label brands slowed sales of its snacks and soda mainly in the United States, its largest market, reports Reuters.Analysts have said that product...

BB names Prime Bank as a top sustainable bank

2024-07-14 00:00:00

Bangladesh Bank has recognised Prime Bank PLC, for the second consecutive year, as one of the top banks in the latest Sustainable Rating for 2023. Sustainable Finance Department of the central bank announced the ratings on Wednesday, says a press...

SOUTHEAST BANK HOLDS HALF-YEARLY BUSINESS CONFERENCE

2024-07-14 00:00:00

SOUTHEAST BANK HOLDS HALF-YEARLY BUSINESS CONFERENCE Southeast Bank PLC recently conducted its ''Half-Yearly Business Conference 2024' virtually. Nuruddin Md. Sadeque Hossain, Managing Director of the bank, presided over the event. Participants included Deputy Managing Directors Md. Masum Uddin Khan and...

Emerging market capital inflows recover to 2018 levels: IMF

2024-07-14 00:00:00

WASHINGTON, July 13 (Reuters): The International Monetary Fund on Friday said gross capital inflows into emerging markets excluding China last year rose to $110 billion or 0.6 per cent of their economic output, the highest level since 2018.The findings, part...

Green jobs and future of work in Bangladesh

Maisha Zaahir | 2024-07-14 00:00:00

As global awareness about climate change and environmental sustainability grows, the concept of "green jobs" has gained significant traction. These jobs not only contribute to environmental protection but also promote economic growth and social equity. In Bangladesh, a country vulnerable...

Honing freshers’ skill through case competition

Mansura Islam Orthy & Mehrin Khan Medha | 2024-07-14 00:00:00

The IUT Career and Business Society (IUT CBS) has launched the sixth edition of 'INTERN,' an innovative and vibrant intra-IUT novice business case competition. Since 2018, the Islamic University of Technology (IUT) campus has hosted this flagship event for freshers.For...

Skills that schools do not teach us

Anindeta Chowdhury | 2024-07-14 00:00:00

From an early age, we enter the realm of education, continuing to learn through various phases of life. It is often believed that learning never ends, continuing from cradle to grave. However, there is a certain system and period of...

Former PMs, film and sports stars join Ambani wedding

2024-07-14 00:00:00

MUMBAI, July 13 (Reuters): Lavish wedding celebrations for the son of Asia's richest man resumed on Saturday with a star-studded guestlist including Hollywood celebrities, global business leaders and two former British prime ministers.Billionaire tycoon Mukesh Ambani's youngest son Anant and...

Iran president-elect ready for 'constructive dialogue' with Europe

2024-07-14 00:00:00

TEHRAN, July 13 (AFP): Iran's president-elect Masoud Pezeshkian said he looks forward to improved relations with European nations, even though he accused them of reneging on commitments to mitigate the impact of US sanctions.Pezeshkian on July 6 won a runoff...

North Korea denounces NATO summit declaration

2024-07-14 00:00:00

SEOUL, July 13 (AFP): North Korea has denounced a declaration at a recent NATO summit that condemned Pyongyang's weapons exports to Russia, calling the document "illegal", state media said Saturday.In a joint declaration this week, NATO leaders criticised North Korea...

China blasts US Tibet-China dispute bill, vows to defend its interests

2024-07-14 00:00:00

BEIJING, July 13 (Reuters): China expressed strong opposition on Saturday to a US law signed by President Joe Biden that presses Beijing to resolve a dispute over Tibet's demands for greater autonomy, vowing to "firmly defend" its interests.Biden signed into...

Israeli strikes on Gaza ‘safe zone’ kill 71, wound hundreds

2024-07-14 00:00:00

GAZA/JERUSALEM July 13 (Agencies): An Israeli airstrike targeted Hamas' military chief Mohammed Deif in Gaza on Saturday, a security official and Israel Army Radio said, in an attack that the enclave's health ministry said had killed at least 71 Palestinians.It...

Argentina seek 'triple crown' tomorrow

2024-07-14 00:00:00

MIAMI, July 13 (AFP): Argentina can become the first South American team to win the 'triple crown' of three straight major tournament titles if they can overcome a formidable Colombia in (Monday, as per BST) Copa America final.Lionel Messi and...

BD high-performance team depart for Australia tour

2024-07-14 00:00:00

Bangladesh Cricket's high-performance unit departed for Australia on Saturday. This marks the first tour of Australia by a Bangladeshi cricket team in over 15 years, reports UNB.National team selector Hanan Sarkar is accompanying the team. He expressed confidence that the...

Photo shows Shuvadya canal, next to the Buriganga river in Dhaka's Keraniganj,

2024-07-14 00:00:00

Photo shows Shuvadya canal, next to the Buriganga river in Dhaka's Keraniganj, is filled with waste from small garment factories — bdnews24.com

Patient's body recovered from hospital bathroom two days after he went missing

2024-07-14 00:00:00

SHARIATPUR, July 13 (UNB): Police recovered the body of a 40-year-old patient from the bathroom of the medicine ward of Shariatpur Sadar Hospital on Saturday morning after he had been missing for two days.Additional Supe_rintendent of Shariatpur Police, Ahsan Habib,...

Scanty hilsa catches disappoint Bhola fishermen

2024-07-14 00:00:00

BHOLA, July 13 (UNB): More than five weeks have passed since the authorities lifted the ban on hilsa fishing, but the poor catch of the delicious fish from the Meghna-Tetulia River in Bhola district frustrated the fishermenFishermen are returning from...

7-day tree fair begins in Bogura

2024-07-14 00:00:00

BOGURA, July 13 (BSS): A seven-day long tree fair and tree plantation programme began in the district town on Saturday.Ragebul Ahsan Ripu, MP, inaugurated the fair in the town's Edward Park on Saturday morning. Later a discussion was held at...