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Modhumoti Bank signed agreement with digital banking platform upay

2023-11-22 00:00:00

Modhumoti Bank Limited has recently signed an agreement with digital banking platform upay at the head office of the bank. Md Shafiul Azam, managing director and CEO of Modhumoti Bank, and ATM Tahmiduzzaman, member of the board of directors of...

A ceremony on "Debut Trading and Ring the Bell" & "Signing of Listing Agreement" of Mercantile Bank Perpetual Bond

2023-11-22 00:00:00

A ceremony on "Debut Trading and Ring the Bell" & "Signing of Listing Agreement" of Mercantile Bank Perpetual Bond of Tk.50.00 crore (Public Offer Portion) was held on Tuesday at the Training Academy of the DSE, Dhaka. Ashim Kumar Saha,...

Stabilisation Fund ponders taking help from bank

FE REPORT | 2023-11-22 00:00:00

Capital Market Stabilisation Fund (CMSF) has backtracked on its decision to disburse loans to market intermediaries in absence of any legal framework, but contemplates giving loans through a scheduled bank. In March, it made the decision to provide cheap loans...

Construction expo kicks off tomorrow

2023-11-22 00:00:00

The 7th edition of Bangladesh BUILDCON 2023, an international trade show for the building & construction industry, will kick off in Dhaka tomorrow (Thursday). ASK Trade & Exhibitions Pvt Ltd. jointly with Futurex Trade Fair & Events Pvt Ltd. has...

IFIC Bank hosts financial literacy programme

2023-11-22 00:00:00

IFIC Bank, the largest bank in the country with 1300+ branches and sub-branches, is actively fostering economic self-reliance among women through a range of multi-dimensional activities in their daily lives.IFIC Bank has recently conducted financial literacy programme at its Akahura,...

Traders seek buffalo meat imports from India despite red meat surplus

FE REPORT | 2023-11-22 00:00:00

Despite Bangladesh recording a surplus in red meat production in the last fiscal year, local importers and traders are pressing the authorities for buffalo meat imports from India.Over a dozen local importers, including Chasse Gallery, Agrol and Darbar Matsho Arot,...

Banglalink clocks double-digit growth

FE REPORT | 2023-11-22 00:00:00

Telecoms carrier Banglalink announced its sixth consecutive quarter of double-digit growth, solidifying its position as a credible national player.In Q3, Banglalink's year-on-year (YoY) revenue grew by 15.1 per cent to BDT 15.88 billion, indicating the trust and preference of its...

Prime Minister Sheikh Hasina visits stall of LHBL at Investment Expo

2023-11-22 00:00:00

Prime Minister Sheikh Hasina visits the stall of LafargeHolcim Bangladesh Limited (LHBL) at the Investment Expo organised by the FICCI on the occasion of its 60 years at a city hotel on November 19. During her visit, LHBL CEO Mohammad...

Helal Ahmed Chy elected chairman of BA Express USA

FE DESK | 2023-11-22 00:00:00

Bank Asia Limited Independent Director Helal Ahmed Chowdhury has recently been elected as the chairman of BA Express USA Inc, a money transfer company owned by the bank, according to a statement. Mr Chowdhury is a veteran banker with over...

Forex shock reduces United Power profit by 38pc in Q1

FE REPORT | 2023-11-22 00:00:00

United Power Generation & Distribution Company saw its profit plunge 38 per cent year-on-year to Tk 1.84 billion in the first quarter through September, mainly due to a significant loss in foreign currency transactions. The leading power generation company's revenue...

Square Pharma eyes expansion by setting up subsidiary in Philippines

FE REPORT | 2023-11-22 00:00:00

Square Pharmaceuticals is going to invest $2.5 million to set up a subsidiary in the Philippines to grab a higher share of the country's drug market. The subsidiary, Samson Pharma Inc is expected to begin its operations by April 2024,...

Umar Gul, Saeed Ajmal appointed Pakistan bowling coaches

2023-11-22 00:00:00

ISLAMABAD, Nov 21 (AP): The Pakistan Cricket Board appointed former international players Umar Gul and Saeed Ajmal as bowling coaches for the national team on Tuesday.Gul will be the fast bowling coach while Ajmal will handle the spin bowlers. Both...

Bangladesh's Sheikh Morsalin celebrating after scoring a goal

2023-11-22 00:00:00

Bangladesh's Sheikh Morsalin celebrating after scoring a goal against Lebanon in their World Cup Qualifiers match at the Bashundhara Kings Arena on Tuesday. Bangladesh hold Lebanon to a 1-1 draw — Collected

Holders Italy secure Euro 2024 place

2023-11-22 00:00:00

PARIS, Nov 21 (AFP): Reigning champions Italy secured their ticket for Euro 2024 on Monday after holding on for a nervy goalless draw against Ukraine in their final qualifier, while the Czech Republic and Slovenia also clinched places at next...

WC in India sets all-time tournament attendance record of 1.25 million

2023-11-22 00:00:00

NEW DELHI, Nov 21 (Agencies): The Cricket World Cup attracted a tournament-record 1.25 million spectators during the 6 1-2-week event which ended Sunday with Australia beating India by six wickets for its sixth title.The ICC said on Tuesday that the...

Nafis Iqbal returns as BD team manager

2023-11-22 00:00:00

Former Bangladesh opener Nafis Iqbal is set to make a comeback as the national team manager during the home series against New Zealand later this month, reports UNB.He previously served as the team manager leading up to the World Cup.However,...

Dhaka Division emerge NCL Champions

2023-11-22 00:00:00

Dhaka Division clinched the title of the 25th National Cricket League (NCL) after their match against Dhaka Metro ended in a draw at Sheikh Kamal International Cricket Stadium in Cox's Bazar on Tuesday, reports BSS.The match in fact destined to...

ICC to introduce stop clock to regulate pace of play

2023-11-22 00:00:00

In a radical step to regulate the pace of play, the International Cricket Council (ICC) has said it will experiment with having a stop clock between overs, according to ESPNcricinfo. A penalty of five runs will be imposed on the...

EU backs fund focused on cutting energy wastage

2023-11-22 00:00:00

LONDON, Nov 21 (Reuters): A private fund that plans to build power projects on sites such as hospitals and data centres to reduce energy wastage has secured backing from the European Union's investment arm.The European Investment Fund (EIF) said it...

India says falling oil prices should ease inflation

2023-11-22 00:00:00

NEW DELHI, Nov 21 (Reuters): A decline in international crude oil prices will help control India's inflationary pressures going forward, the country's finance ministry said in a report on Tuesday.India's retail inflation eased in October to a four-month low of...

China's state banks are buying yuan, quickening its rally

2023-11-22 00:00:00

SHANGHAI, Nov 21 (Reuters): China's major state-owned banks have been active in the currency market this week, buying the yuan and helping hasten its recovery against a broadly weaker US dollar, two sources told Reuters on Tuesday.The big banks, which...

Man beaten to death, three held over robbery in Madaripur

2023-11-22 00:00:00

MADARIPUR, Nov 21 (bdnews24.com): A man has been beaten to death by a mob while attempting to escape after a robbery at Shibchar upazila in Madaripur district. Police have detained three other members of his gang.The incident occurred in the...

Call to create river-conscious generation to save rivers

2023-11-22 00:00:00

RANGPUR, Nov 21 (BSS): Educationists and experts at a seminar on Tuesday called for creating a river-conscious generation to save the rivers that are lifelines for the economy, environment, ecosystems and national heritage. They made the call at the school-level...

Workers busy drying fishes under the sun on the bank of the Meghna River

2023-11-22 00:00:00

Workers busy drying fishes under the sun on the bank of the Meghna River in Ashuganj upazila of Brahmanbaria district on Tuesday — Focus Bangla

Climate change poses threat to livelihood in Barind region

2023-11-22 00:00:00

RAJSHAHI, Nov 21 (BSS): Adverse impact of climate change caused by global warming has been posing a serious threat to the overall living and livelihood condition in the region, particularly in its vast Barind tract. Climate change has been acknowledged...

News in Brief (2023-11-22)

2023-11-22 00:00:00

US navy plane overshoots runwayand ends up in oceanHONOLULU, Nov 21: A Navy plane flying in rainy weather overshot a runway Monday at a military base in Hawaii and splashed into Kaneohe Bay, but all nine aboard were uninjured, authorities...

N Korea will launch spy satellite soon

2023-11-22 00:00:00

TOKYO, Nov 21 (BBC): North Korea may attempt a third spy satellite launch as early as midnight on Wednesday, Japanese media reported. Tokyo said Pyongyang has notified them of a nine-day window for the launch, which closes at 23:59 local...

Stampede kills 37 Congo youths at stadium during army recruitment

2023-11-22 00:00:00

BRAZZAVILLE, Nov 21 (AFP): Thirty-seven youths were killed in a stampede overnight during an army recruitment drive in a stadium in Brazzaville, the capital of the Republic of Congo, officials said on Tuesday.Last week, the army in the central African...

Hamas close to truce deal with Israel

2023-11-22 00:00:00

GAZA, Nov 21 (Reuters/AP/AFP): The chief of Hamas told Reuters on Tuesday that the Palestinian militant group was near a truce agreement with Israel, even as the deadly assault on Gaza continued and rockets were being fired into Israel.Hamas officials...

Copper hits 2-month high as yuan jumps against dollar

2023-11-22 00:00:00

LONDON, Nov 21 (Reuters): Copper rose on Tuesday to its highest in more than two months as the yuan rose against the dollar and on optimism for further stimulus measures for the property sector in China, the world's largest copper...