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Nat’l Fisheries Week-2024 to begin on July 30

2024-07-12 00:00:00

A week-long 'National Fisheries Week-2024' will begin on July 30 across the country to promote sustainable development and expansion of fisheries resources, reports BSS."Prime Minister Sheikh Hasina is expected to inaugurate the 'National Fisheries Week-2024' at 10:30am on July 31...

Govt approves $1.65b refined fuel oil purchase from six countries

FE REPORT | 2024-07-12 00:00:00

The government will buy refined fuel oil from eight state-owned enterprises of six countries under the government-to-government (G2G) long-term deals at a cost of Tk 164.84 billion during the July-December period.In this regard, the Cabinet Committee on Government Purchase (CCGP)...

ICB Asset Management to sell 6m more units of Golden Jubilee MF

FE REPORT | 2024-07-12 00:00:00

ICB Asset Management Company plans to sell another 6 million units of "ICB AMCL CMSF Golden Jubilee Mutual Fund" at the prevailing market price within 30 working days from Thursday.The sponsor of the close-ended mutual fund wants to sell these...

'Summit-Friendship Solar Village' bags international laurels

2024-07-12 00:00:00

The 'Summit-Friendship Solar Village' project, located in Gaibandha, has received the prestigious Reuters' Global Energy Transition Awards 2024 under the 'Projects of Impact' category in New York, USA recently, says a press release.Among 500 entries this year from around the...

Techno Drugs makes share trading debut on Sunday

FE REPORT | 2024-07-12 00:00:00

Techno Drugs Ltd is set to make its share trading debut on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) Sunday under the 'N' category. It will become the 34th listed firm in the "pharmaceuticals & chemicals" sector...

Stocks plummet amid selling pressure

FE REPORT | 2024-07-12 00:00:00

Stocks plummeted on Thursday, extending the losing streak for the second day in a row, as the risk-averse investors continued to book profit on quick-gaining shares.The market opened on a positive note in the morning but failed to sustain the...

Brazil adopts free trade with Palestinian Authority in show of support

2024-07-12 00:00:00

BRASILIA (Reuters): Brazil has put into effect a free trade agreement with the Palestinian Authority that has been waiting for ratification for more than decade, in a show of support for the Palestinian people."The agreement is a concrete contribution to...

IPDC Finance in BB Sustainability Rating list for third time

2024-07-12 00:00:00

IPDC Finance has been recognized as top performing finance company in Bangladesh Bank's Sustainability Rating 2023, says a press release. The sustainability rating evaluates banks and financial institutions based on several components: sustainable finance, green finance, green refinance, core banking...

GLOBAL ISLAMI BANK OPENS BENAPOLE BRANCH

2024-07-12 00:00:00

Global Islami Bank opened its branch at Benapole in Jashore on Thursday. Syed Habib Hasnat, Managing Director of the bank, inaugurated the branch as the chief guest. Additional Managing Director Kazi Mashiur Rahman Jayhad, Mayor of Benapole Pouroshava Md. Nasir...

IDLC Finance in BB Sustainability Rating list: It's 4th in a row

2024-07-12 00:00:00

IDLC Finance was included in Bangladesh Bank's Sustainability Rating list for 2023. This marks the fourth consecutive year that IDLC Finance has been recognized for its outstanding commitment to sustainable practices and corporate responsibility, says a press release.Bangladesh Bank's Sustainability...

BRAC Bank posts Tk 55b net deposit growth in 6 months

2024-07-12 00:00:00

BRAC Bank PLC has achieved an unprecedented net deposit growth of BDT 55 billion (5,500 crore) in the first half of 2024, breaking all-time industry records in the past.This milestone reflects the increasing customer confidence, strong engagement, and robust relationships...

Patronise semiconductor industry to prevent brain drain, says MCCI

FE REPORT | 2024-07-12 00:00:00

The country should nurture its semiconductor industry to prevent the outflow of educated and skilled professionals, according to stakeholders, as they outlined a roadmap requiring investment, university partnerships, joint ventures and venture capital to help Bangladesh tap a market valued...

Wheat, corn and soybeans steady

2024-07-12 00:00:00

Chicago wheat, corn and soybean futures edged up in early trade on Thursday, steadying after losses in the previous session caused by favourable US crop conditions, but prevailing caution in the market capped further gains, reports Reuters.The most-active wheat contract...

Gold reclaims $2,400 mark after US inflation data lifts rate-cut bets

2024-07-12 00:00:00

Gold prices jumped more than 1.0 per cent on Thursday to break above the $2,400 per ounce level after data showed US consumer prices unexpectedly slipped last month, boosting bets for interest rate cuts by the Federal Reserve, reports Reuters.Spot...

China building more wind, solar capacity than rest of world combined

2024-07-12 00:00:00

BEIJING, July 11 (AFP): China is building almost twice as much wind and solar energy capacity as every other country combined, research published Thursday showed.The world's second-largest economy is the biggest emitter of the greenhouse gases that drive climate change.China...

Air Astra launches frequent flyer programme 'ORBIT'

FE REPORT | 2024-07-12 00:00:00

Air Astra, the newest airline in Bangladesh, launched its frequent flyer programme 'ORBIT' on Thursday. The launching event organised at a Dhaka hotel was inaugurated by Rubaba Dowla, prominent corporate personality and country Managing Director of Oracle Bangladesh. Imran Asif,...

Oil edges up as US inflation data raises rate cut hopes

2024-07-12 00:00:00

LONDON, July 11 (Reuters): Oil prices rose on Thursday with the Brent benchmark holding above $85 a barrel, as hopes rose for rate cuts in the United States after data showed a slowdown in inflation.Brent futures were up 27 cents,...

England 371 all out against West Indies in 1st Test

2024-07-12 00:00:00

LONDON, July 11 (AFP): England were dismissed for 371 in reply to West Indies' first innings 121, a lead of 250 runs, on the second day of the first Test at Lord's on Thursday.Debutant wicketkeeper Jamie Smith made an impressive...

Colombia upend Uruguay a man down in tense semis

2024-07-12 00:00:00

CHARLOTTE, N.C., July 11 (Agencies): Playing shorthanded for more than a half, Colombia upended Uruguay, 1-0 in a tense Copa América semifinal on Thursday (as per BST) that ended with a postgame scuffle on the field and a brawl in...

India unlikely to travel to Pakistan

2024-07-12 00:00:00

NEW DELHI, July 11 (IANS): Team India is unlikely to travel to Pakistan for the 2025 Champions Trophy as the Board of Control for Cricket in India (BCCI) will propose a hybrid model to International Cricket Council (ICC), the sources...

Final, Third-place schedule for Euro & Copa America

2024-07-12 00:00:00

BD to start their campaign taking on SL on Aug 20

2024-07-12 00:00:00

Bangladesh will start their campaign in the South Asian Football Federation (SAFF) U-20 Championship' 2024 taking on Sri Lanka at the Dashrath Stadium in the Nepalese capital Kathmandu on August 20, reports UNB.The six-nation regional youth soccer meet will kick...

Ollie Watkins England's unlikely toast after Euro 2024's last-gasp winner

2024-07-12 00:00:00

DORTMUND, Germany, July 11 (Agencies): Ollie Watkins is, in his own words, a realist.He has never pictured himself playing at a major tournament for England - especially when, as a teenager learning his trade as a striker, he was sent...

Two workers killed in B'baria landslide

2024-07-12 00:00:00

BRAHMANBARIA, July 11 (UNB): Two workers were killed when a chunk of mud collapsed on them while excavating a pond with dredger at Bishutara village in Sarail upazila of Brahmanbaria district on Thursday.The deceased were identified as Delwar, 25, son...

Relief 'scanty' for Kurigram flood victims

2024-07-12 00:00:00

KURIGRAM, July 11 (UNB): The flood victims in Kurigram have been struggling being stranded in flood water and many of them are yet get the government relief.The flood situation in the district has worsened as water levels of 16 rivers,...

Magura eyes bumper jute production

OUR CORRESPONDENT | 2024-07-12 00:00:00

MAGURA, July 11: Local farmers are expecting bumper production of jute as heavy rain has occurred recently as a boon for the farming of the "golden fibre".A drought-like situation was prevailing in the district a few days ago, but at...

Cox's Bazar grinds to a halt after monsoon flooding

OUR CORRESPONDENT | 2024-07-12 00:00:00

COX'S BAZAR, July 11: Heavy rainfall continuing from early Thursday till morning has paralysed low-lying areas of the district as well as the tourist town Cox's Bazar, causing inundation that triggered immense suffering for the public.Nonstop downpour also induced two...

News in Brief 2024-07-12

2024-07-12 00:00:00

S Korea to deploy 'StarWars' laser weapons targeting N Korean dronesSEOUL, July 11: South Korea will deploy laser weapons to shoot down North Korean drones this year, becoming the world's first country to deploy and operate such weapons in the...

French left blasts Macron, demands keys to govt

2024-07-12 00:00:00

PARIS, July 11 (AFP): French left-wingers attacked President Emmanuel Macron on Thursday after he called for a broad coalition government, demanding that their movement alone should propose a prime minister.No single force won Sunday's second-round vote outright, though a broad...

Every day is a test for Joe Biden with his presidential campaign in question

2024-07-12 00:00:00

WASHINGTON, July 11 (Reuters): Every word he utters, every step he takes, President Joe Biden now has the eyes of a worried world on him, watching for another faltering performance like his June debate that sparks fresh calls for him...