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Snehasish Mahmud & Co emerges as champion

2023-12-06 00:00:00

The debating team of Snehasish Mahmud & Co. Chartered Accountants emerged as the champion of DRC-ICAB Inter-Firm Debate Competition 2023, says a press release. The grand finale of the competition was held at the CA Bhaban in Dhaka recently.CA students...

TCB sales drive for low-income families begins today

FE REPORT | 2023-12-06 00:00:00

The government is set to launch a sales drive of essential commodities for around 10 million low-income families countrywide today (Wednesday), sources said.Currently, the drive is run by the state-run Trading Corporation of Bangladesh (TCB) every month. Commerce Minister Tipu...

MJL Bangladesh to buy tanker to transport LPG

FE REPORT | 2023-12-06 00:00:00

MJL Bangladesh, one of the leading private lubricant marketers, plans to invest $32.5 million to purchase a newly-built tanker and provide rental services to private liquefied petroleum gas (LPG) companies.The tanker, with a capacity of 11,000 cubic meters, a unit...

Web Coats to raise Tk 50m, get listed on SME platform

FE REPORT | 2023-12-06 00:00:00

The stock market regulator has given its permission to Web Coats PLC to raise Tk 50 million through a qualified investors offer (QIO).The approval came on Tuesday at a meeting at the office of the Bangladesh Securities and Exchange Commission...

Bonds' hedging against high interest rates: Weak market comes in the way

FARHAN FARDAUS | 2023-12-06 00:00:00

Fixed-interest corporate bonds can offer a good defence to corporate entities against rising lending rates if the debt market infrastructure is improved. Borrowing costs have risen sharply for the last few months due to measures taken by the Bangladesh Bank...

HSBC wins CT Awards

2023-12-06 00:00:00

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been recognised as the best bank in two categories at the CorporateTreasurer (CT) Awards 2023.The categories are 'Best Cash Management Bank' and 'Best Transaction Bank', says a statement.HSBC's dedicated coverage,...

Nagad emerges as top VAT payer

2023-12-06 00:00:00

Nagad, the fastest-growing mobile financial service provider, has once again emerged as a top VAT depositor, says a press release.The National Board of Revenue (NBR) has declared Nagad Limited as one of the top VAT-paying companies in the country for...

ICC Bangladesh Banking Commission Chairman Muhammad A. (Rumee) Ali (centre) chaired the closing session of the ICC Workshop

2023-12-06 00:00:00

ICC Bangladesh Banking Commission Chairman Muhammad A. (Rumee) Ali (centre) chaired the closing session of the ICC Workshop on 'Settlement of Documentary Credit Disputes through ADR: Review of ICC Arbitration & DOCDEX Cases' and distributed certificates among the participants of...

Experts push for crafting circular economy strategy

FE REPORT | 2023-12-06 00:00:00

Cumbersome regulatory hurdles and a lack of access to finance, among others, are the policy gaps that bar Bangladesh's transition to a circular economy.Informality of waste collection, lack of quality of collected post-industrial waste, limited technological capacity and infrastructure are...

Pakistan women clinch maiden T20 series win against New Zealand

2023-12-06 00:00:00

Pakistan women's cricket team created history in Dunedin on Tuesday by edging past New Zealand women and securing their first-ever series win against the White Ferns, according to Pakistani Tv channel Geo Tv.New Zealand women had a record of 8-0...

Tigers eye first-ever Test series win over New Zealand

2023-12-06 00:00:00

Bangladesh brimmed with confidence to seal its first ever series victory against New Zealand in the longer format as they take on the visitors in the second and final Test at Sher-e-Bangla National Cricket Stadium today (Wednesday), report agencies.The match...

Gold price rally loses steam

2023-12-06 00:00:00

Gold prices edged lower on Tuesday, trading $100 below the record high level hit in the last session, as the dollar held firm and investors awaited more US economic data this week that could influence the Federal Reserve's rate outlook,...

YADIA E-SCOOTER LAUNCHED

2023-12-06 00:00:00

Yadia e-scooter was launched at a grand ceremony at the Head Office of Runner Group on Tuesday. Currently, the brand offers two models --'Yadia T-Five' and 'Yadia M-Six'. Runner Automobiles is the sole distributor of Yadia e-scooter in Bangladesh. Runner...

Oil prices steady on OPEC+ cut uncertainty and ME tension

2023-12-06 00:00:00

London, Dec 5 (Reuters): Oil prices were little changed on Tuesday against a backdrop of uncertainty over voluntary output cuts by the OPEC+ group of producers, tensions in the Middle East and some encouraging economic signals in Europe.Brent crude futures...

Ctg, Tangail road crashes kill four

2023-12-06 00:00:00

Four persons were killed in separate road accidents in Chattogram and Tangail districts on Tuesday and Monday night, report agencies.In Chattogram, two people have died and another has been injured after a head-on collision between two trucks in Chattogram district.The...

Gowainghat Health Complex limping with inadequate staff

OUR CORRESPONDENT | 2023-12-06 00:00:00

SYLHET, Dec 05. Medicare service at the frontier Gowainghat Upazila Health Complex in Sylhet has been hamstrung by a severe shortage of staff, including physicians, for a long time. The authorities have recently restarted X-ray, ultrasonography and other services, but...

Make efforts to retain GSP facility

2023-12-06 00:00:00

We rely heavily on the European Union for apparel exports. According to the EU data, Bangladesh's exports to the economic bloc stood 23.9 billion euro in 2022, which was 53.5 per cent higher compared with 2021. However, a recently published...

Shaping a society sensitive to the disabled

2023-12-06 00:00:00

Just a few days ago, Bangladesh with the rest of the world observed the International Day of Persons with Disabilities on December 3. This day was all about promoting the rights and abilities of disabled people. I, however, believe that...

Alarm bell sounded about falling inward remittance

Syed Mansur Hashim | 2023-12-06 00:00:00

The inward remittance figures are in for the month of November as the year draws to a close. The picture is far from rosy, and the data point to a monthly fall of 2.4 per cent in remittance from October...

At last the long awaited halal certification is there

Wasi Ahmed | 2023-12-06 00:00:00

The formulation of the halal certification policy for specific export products, particularly meat, has addressed a longstanding demand from exporters. Businesses engaged in the marketing of domestically consumed and export-bound halal products will now be required to obtain certification and...

Making use of climate funds to address health issues

2023-12-06 00:00:00

The general public is well aware of the fact that the increasing number of natural calamities like cyclones, floods, downpours, droughts, heat waves and forest fires are what climate change is about and that global warming is the culprit. Also,...

Can we use medicated shampoo daily?

DR IMTIAZ AHMED | 2023-12-06 00:00:00

The main function of traditional shampoos is to clean the hair and make it look polished. They are not meant for treating diseases. However, there are specialized ones containing active pharmaceutical compounds. These are called medicated shampoos. Their main role...

Adapting to fluctuating weather

FIRUZ NAWER | 2023-12-06 00:00:00

November and December were traditionally supposed to be cold and freezing. We cannot, however, declare that winter has arrived this year. There is a big jump or temperature drop in the weather forecast daily. Even if we may need to...

Know these wedding etiquettes to avoid embarrassment!

MEGH RAHMAN | 2023-12-06 00:00:00

Bangladesh is in its wedding season, and according to a survey, there will be approximately 38 lakh weddings during this season. So, get geared up for a flood of "Alhamdulillah, we both said Qubool." But did you notice there is...

Mawa Ghat: The cosiest day-tour destination for Dhakaites

KHALID SAIFULLAH KHAN | 2023-12-06 00:00:00

In an era where Dhaka's only tourist places are 'restaurants,' Mawa has become one of the most popular spots for a day tour with sudden plans for refreshment; even if it is about 40 km from the centre of Dhaka,...

News in Brief -2023-12-06)

2023-12-06 00:00:00

UK announces stricter visa measures LONDON, Dec 05: Britain announced plans to slash the number of migrants arriving by legal routes on Monday, raising the minimum salary they must earn in a skilled job by a third, amid pressure on...

Russian women demand return of their men from Ukraine war

2023-12-06 00:00:00

MOSCOW, Dec 05 (Reuters): Maria Andreeva, whose husband has been fighting in Ukraine for more than a year, is also waging a battle in Moscow: to get him home. She is not alone.A growing movement of Russian women is demanding...

Manipur gunfight leaves 13 dead

2023-12-06 00:00:00

CHURACHANDPUR, Dec 05 (Reuters): At least 13 people were killed in a gunfight between two unknown militant groups in India's restive Manipur state on Monday, a police official said, seven months after ethnic clashes in the border state killed at...

Rebels must solve problems politically, Myanmar junta leader says

2023-12-06 00:00:00

YANGON, Dec 05 (Reuters): Myanmar's junta leader Min Aung Hlaing has called on armed ethnic groups involved in an offensive against the country's ruling military to solve their problems "politically", state media reported on Tuesday."(He) warned that if armed organisations...

Impossible to create safe zones in Gaza amid Israeli bombing: UN

2023-12-06 00:00:00

GENEVA, Dec 05 (AFP): The United Nations warned Tuesday that it was impossible to create so-called safe zones for civilians to flee to inside the Gaza Strip amid Israel's bombing campaign.Israel had initially focused its offensive on the north of...