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MTB expanded support to Proyash Institute of Special Education and Research for autistic children

2023-11-24 00:00:00

Mutual Trust Bank (MTB), in its effort to align its CSR initiatives with the Sustainable Development Goals (SDGs), recently expanded its support to Proyash Institute of Special Education and Research (PISER) for autistic children. Usman Rashed Muyeen, deputy managing director...

Concluding ceremony of 39th foundation training course

2023-11-24 00:00:00

Rajshahi Krishi Unnayan Bank (RAKUB) Managing Director Niranjan Chandra Debnath was present as the chief guest at the concluding ceremony of the 39th foundation training course for newly-recruited officials at the RAKUB training institute in Rajshahi on Thursday.

SHAHJALAL ISLAMI BANK 370TH BOARD MEETING

2023-11-24 00:00:00

The 370th meeting of the board of directors of Shahjalal Islami Bank PLC was held at its corporate head office in the city on Wednesday. Chairman of the bank Mohammed Younus presided over the meeting. The board approved a number...

DURGAPUR SUB-BRANCH OF NBL STARTS JOURNEY

2023-11-24 00:00:00

Durgapur sub-branch of National Bank Limited officially opened on Thursday. It is the 45th sub-branch under the Rajshahi branch. NBL Managing Director & CEO Md Mehmood Husain inaugurated the sub-branch as the chief guest.

Swiss envoy visits SBE in city

2023-11-24 00:00:00

Ambassador of Switzerland to Bangladesh Reto Renggli visited the head office of Swiss Biohygienic Equipments Ltd (SBE) of a joint venture of Incepta Pharmaceuticals Ltd at Tejgaon in the city on Thursday, said a press release.Head of Political, Economic &...

IPDC Finance, HNS Automobiles sign MoU

2023-11-24 00:00:00

With a view to enhancing car ownership experience, IPDC Finance Limited has signed an memorandum of understanding (MoU) with HNS Automobiles Limited, said a press release.Under the MoU, customers availing IPDC Auto loan for vehicles by HNS Automobiles will enjoy...

DBL Industrial Park hosts Jinnat Textile Mills

2023-11-24 00:00:00

DBL Group proudly announces the inauguration of Jinnat Textile Mills Limited, a significant addition to its portfolio and a testament to the group's commitment to excellence in the textile industry. The inaugural ceremony was held at DBL Industrial Park, Shreehatta...

Abul Quasem new chairman of BA Exchange Company, UK

2023-11-24 00:00:00

Md Abul Quasem, an independent director of Bank Asia Limited, has recently been elected as chairman of BA Exchange Company (UK) Limited, a fully-owned subsidiary of the bank, said a press release.Mr Quasem completed his BSS (Hons) and MSS in...

CSE AGM approves 5pc dividend

FE DESK | 2023-11-24 00:00:00

The Chittagong Stock Exchange (CSE) held its 28th annual general meeting (AGM) at the CSE Building in Chattogram on Thursday. Asif Ibrahim, chairman of CSE, presided over the AGM, according to a statement.At the AGM, CSE shareholders approved a 5...

Atlas's plan to make electric vehicles seems another version of failed deals

FARHAN FARDAUS | 2023-11-24 00:00:00

The chief of state-owned Atlas Bangladesh has been presenting a new plan at the annual general meeting every year for the last eight years to turn around the business, but not a single idea has been put into action. In...

Dubai's inflation moderates to 4.27pc in October

2023-11-24 00:00:00

RIYADH, Nov 23 (Arab News): Dubai's inflation rate slightly eased to 4.27 per cent in October, compared to 4.5 per cent in the previous year, the official data showed. The report from the Dubai Statistics Centre highlighted a 4.70 per...

Sweden central bank leaves rate unchanged

2023-11-24 00:00:00

STOCKHOLM, Nov 23 (AFP): Sweden's central bank on Thursday left its key rate unchanged at four per cent, after a year and a half of successive hikes aimed at reining in inflation. The Riksbank joins the US Federal Reserve and...

Turkey delivers another major interest rate hike

2023-11-24 00:00:00

ISTANBUL, Nov 23 (AFP): Turkey's central bank on Thursday surprised the market with a larger-than-expected interest hike as it ramped up its fight against inflation and efforts to support the slumping lira.The bank lifted its policy rate by 5.0 per...

Eurozone ‘stuck in mud’ despite slower business decline

2023-11-24 00:00:00

BRUSSELS, Nov 23 (AFP): Eurozone business activity fell in November for the sixth straight month, but the rate of decline slowed from October, a closely-watched showed Thursday.S&P Global's Purchasing Managers' Index (PMI) improved to 47.1 from 46.5 in October, but...

Amazon to win unconditional EU nod for iRobot deal

2023-11-24 00:00:00

BRUSSELS, Nov 23 (Reuters): Amazon is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O), three people familiar with the matter said on Thursday.Antitrust enforcers around the world have stepped up...

US mortgage interest rates fall

2023-11-24 00:00:00

WASHINGTON, Nov 23 (Reuters): The average interest rate on the most popular US home loan fell last week to its lowest level in two months as Treasury market yields, which act as a benchmark for mortgage rates, continued to move...

Saudi EXIM Bank, Thai counterpart sign MoU to propel trade exchange

2023-11-24 00:00:00

RIYADH, Nov 23 (Arab News): Trade exchange between Saudi Arabia and Thailand is on track to flourish following a new agreement signed by the Saudi EXIM Bank. Inked with its counterpart, the EXIM Bank of Thailand, the memorandum of understanding...

Dhaka Bank secures Data Centre certification

2023-11-24 00:00:00

Dhaka Bank PLC. secured the prestigious Data Centre certification with an impressive ANSI/TIA-942-B-2017 rating of 3 on October 20, says the bank in a statement. The certification was presented to Emranul Huq, Managing Director & CEO of Dhaka Bank PLC...

Islami Bank launches remittance lounge

2023-11-24 00:00:00

Islami Bank Bangladesh PLC has inaugurated a remittance lounge at the Head Office Complex Corporate Branch, says a press release. The customers can receive better and faster remittance services through this lounge. Remittance lounges will be introduced in all branches...

Buildcon expo kicks off in Dhaka

FE REPORT | 2023-11-24 00:00:00

The 7th Bangladesh Buildcon, Wood and Electrical International Expo kicked off in Dhaka city on Thursday to showcase construction, wood and electrical products.The hybrid fair with more than 150 exhibitors offers exciting sourcing options with a wide variety on display...

Prime Bank signs agreement with MetLife

2023-11-24 00:00:00

Prime Bank, a leading private commercial bank, recently signed an agreement with MetLife Bangladesh at the Prime Bank head office premises in Dhaka, says the bank in a statement.Under this agreement, customers whose salaries are processed with Prime Bank, will...

Trade, investment expected to get momentum after election

FE REPORT | 2023-11-24 00:00:00

Country's trade and investment sectors would get momentum after the upcoming general election, a top central banker has said, expecting that the new administration would help boost investors' confidence. Bangladesh Bank Deputy Governor Abu Farah Md. Nasser made the observation...

Weather (2023-11-24)

2023-11-24 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Friday), according to the Met Office.Night and day temperature may remain nearly unchanged over the countryThe highest temperature in...

Students protest as JU opts for online classes for freshers

JU CORRESPONDENT | 2023-11-24 00:00:00

Progressive student bodies on the Jahangirnagar University (JU) campus have opposed online classes for first-year students instead of in-person academic activities.To this end, they staged a protest rally in front of the new administrative building of the university on Thursday.On...

Romania confers 'Nat'l Order For Merit' award on Enayetullah Khan

2023-11-24 00:00:00

Enayetullah Khan, Honorary Consul of Romania in the People's Republic of Bangladesh, has been awarded the "National Order For Merit" in the rank of Knight, reports UNB.He has been honoured with the prestigious award as a sign of high appreciation...

Govt issues cyber-attack alert

SAJIBUR RAHMAN | 2023-11-24 00:00:00

The government on Thursday alerted both public and private organisations, including critical information infrastructures (CIIs), about a potential cyber-attack. This alert follows the recent identification of critical vulnerabilities in information infrastructure, Sukanta Chakraborty, public relations officer of BGD e-GOV Computer...

Six-member full bench of SC can hear review on 16th amendment

FE REPORT | 2023-11-24 00:00:00

The Appellate Division of the Supreme Court on Thursday opined that a six-member full bench of the apex court is competent to hold hearing on the review petition filed challenging its earlier verdict that upheld the cancellation of the 16th...

Call for yr-long anti-mosquito campaign

FE REPORT | 2023-11-24 00:00:00

Speakers at a programme on Thursday called for a year-long anti mosquito activities as mosquito-borne diseases, including dengue, prevail in every season.They said this at the launch of a community-level dengue awareness programme hosted by the National Institute of Preventive...

BARI experiments with late blight-resistant 3R gene potato

2023-11-24 00:00:00

BARI Director General Dr. Debasish Sarker and scientists from the Biotech Division inaugurated trial with a late blight-resistant variety of potato at the Biotechnology Research Field on Wednesday. Director (Research) Dr. Md. Abdullah Yousuf Akhond, Director (Support & Services) Dr....

Gold up on weaker dollar ----

2023-11-24 00:00:00

Gold prices edged up on Thursday as the US dollar ticked lower, but bullion lacked impetus as investors remained on the sidelines in holiday-thinned trading with uncertainty around the Federal Reserve's rate path, reports Reuters.Spot gold was 0.1 per cent...