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BRAC Bank hosts discussion on Biswajit Chy's novel 'Nargis'

2023-12-25 00:00:00

Members of BRAC Bank Chattogram Reading Café gathered on Sunday for a discussion on Biswajit Chowdhury's captivating novel 'Nargis', said a press release. The novel artfully explores the life of Syeda Khatun, famously known as Nargis, the first wife of...

The 44th annual general meeting (AGM) of Olympic Industries Limited

2023-12-25 00:00:00

The 44th annual general meeting (AGM) of Olympic Industries Limited was held on Thursday virtually. The AGM was presided over by Aziz Mohammad Bhai, chairman of the company. At the AGM, the shareholders approved a 60 per cent cash dividend,...

Venture Capital & Private Equity Association holds 3rd AGM

2023-12-25 00:00:00

The Venture Capital & Private Equity Association of Bangladesh (VCPEAB) held its 3rd Annual General Meeting (AGM) virtually on Saturday. Shameem Ahsan, President of VCPEAB and Partner at Pegasus Tech Ventures, presided over the AGM. Zia U Ahmed, Senior Vice...

The 47th Annual General Meeting (AGM) of the Investment Corporation of Bangladesh (ICB)

2023-12-25 00:00:00

The 47th Annual General Meeting (AGM) of the Investment Corporation of Bangladesh (ICB) was held on a virtual platform on Saturday, with its Chairman Dr Suborna Barua in the chair. At the AGM, shareholders approved 2.5 per cent cash and...

To commemorate the month of victory and foster the smart Bangladesh target, ten Rupali Bank branches were converted into

2023-12-25 00:00:00

To commemorate the month of victory and foster the smart Bangladesh target, ten Rupali Bank branches were converted into model branches to facilitate tech-based modern banking. Rupali Bank Chairman Kazi Sanaul Hoq and Managing Director and CEO Mohammad Jahangir inaugurated...

The Sakhipur branch of Mercantile Bank in Tangail has been shifted to a new location on Sunday. Akram Hossain (Humayun),

2023-12-25 00:00:00

The Sakhipur branch of Mercantile Bank in Tangail has been shifted to a new location on Sunday. Akram Hossain (Humayun), chairman, executive committee; virtually launched the branch in the new location as the chief guest. Bank's Managing Director and CEO...

NCC Bank has opened its Bandarban sub-branch recently. Managing Director and CEO (Current Charge)

2023-12-25 00:00:00

NCC Bank has opened its Bandarban sub-branch recently. Managing Director and CEO (Current Charge) of NCC Bank M Shamsul Arefin inaugurated the sub-branch as the chief guest while Senior Executive Vice President and Company Secretary Md Monirul Alam presided over...

Modhumoti Bank Limited inaugurated its 50th branch at Barishal on Sunday. A Mannan Khan,

2023-12-25 00:00:00

Modhumoti Bank Limited inaugurated its 50th branch at Barishal on Sunday. A Mannan Khan, director of the bank, inaugurated the branch as the chief guest. Modhumoti Bank managing director and CEO Md Shafiul Azam presided over the ceremony. Kamrul Hasan...

DSE turnover hits three-week low--

FE REPORT | 2023-12-25 00:00:00

The daily turnover on the Dhaka Stock Exchange (DSE) tumbled to a three-week low on Sunday, slipping below Tk 5 billion-mark, as investors were reluctant to put fresh bets on stocks amid growing political tensions.The market has been in the...

Anwar Galvanizing to issue Tk 500m bonds

2023-12-25 00:00:00

FE REPORTAnwar Galvanizing Ltd, a listed engineering firm, has announced plans to raise Tk 500 million by issuing bonds, with a significant portion earmarked for conversion into shares.The company aims to secure the amount for business expansion and better profitability,...

SS Steel's Q1 profit doubles on subsidiaries

FE REPORT | 2023-12-25 00:00:00

Despite prevailing economic challenges, SS Steel Ltd. displayed a remarkable performance by doubling its profits year-on-year in the first quarter of this financial year, driven by increased earnings of its subsidiaries.The listed steel manufacturer reported a consolidated profit of Tk...

Saudi Arabia unveils nationalisation drive to boost local workforce

2023-12-25 00:00:00

RIYADH, Dec 24 (Arab News): Saudi local talent participation in the workforce will receive a boost as the Ministry of Human Resources and Social Development launched a new nationalization initiative.Effective Dec. 24, a decree has been detailed, outlining the nationalization...

ClearMotion to supply smooth suspension tech for Nio's ET9 EV

2023-12-25 00:00:00

LONDON, Dec 24 (Reuters): US startup ClearMotion will supply its active suspension technology for Chinese EV maker Nio's upcoming ET9 in a contract covering 750,000 cars over the lifetime of the luxury sedan model, the two companies said on Saturday.Nio...

Retailers dangle fewer discounts for inflation-weary shoppers

2023-12-25 00:00:00

WASHINGTON, Dec 24 (Reuters): Last-minute shoppers looking for late deals ahead of Christmas may find smaller discounts and fewer items marked down at major retailers including Macy's, Target and Ulta Beauty, according to an analyst and two datasets measuring retailers'...

Habibur Rahman, Managing Director & CEO of South Bangla Agriculture and Commerce (SBAC) Bank Limited

2023-12-25 00:00:00

SBAC Bank relocates Bashundhara branch Habibur Rahman, Managing Director & CEO of South Bangla Agriculture and Commerce (SBAC) Bank Limited, inaugurated its branch relocated (changing its name from Bashundhara Women's Branch) to the new address (Ranks Business Centre, Progati Sarani...

The Eastern Bank PLC (EBL) opened its 85th branch at Bangabandhu Sheikh Mujib Shilpa Nagar, Mirsarai,

2023-12-25 00:00:00

EBL opens its 85th branch at Bangabandhu Sheikh Mujib Shilpa NagarThe Eastern Bank PLC (EBL) opened its 85th branch at Bangabandhu Sheikh Mujib Shilpa Nagar, Mirsarai, Chattogram recently. Dr. Shaikh Mohammad Jobayed Hossain, Joint Secretary and General Manager (Finance and...

Midland Bank signs MoU with Voltech Bangladesh

2023-12-25 00:00:00

A Memorandum of Understanding (MoU) was signed between Midland Bank and Voltech Bangladesh Private Limited at the corporate head office of the bank at Gulshan 2 recently, said a press release.Mohammad Javed Tarek Khan, Head of Institutional Banking Division of...

First Security Islami Bank launches digital financial service 'dCloud'

2023-12-25 00:00:00

First Security Islami Bank PLC launched its mobile app 'dCloud' for extended digital financial services in a simple ceremony organized at FSIB Head Office on Sunday, says a press release.The dCloud app contains services such as new account opening, fund...

Prime Bank offers mortgage-free loan for PRAN-RFL suppliers

2023-12-25 00:00:00

PRAN-RFL suppliers would enjoy mortgage-free overdraft loans up to Tk 100 million (10 crore), a statement said. The Prime Bank PLC and the PRAN-RFL Group signed a Memorandum of Understanding (MoU) at Prime Bank head office in Dhaka recently on...

Shahjalal Islami Bank bags 3 prestigious SAFA awards

2023-12-25 00:00:00

Shahjalal Islami Bank PLC got three prestigious awards from the South Asian Federation of Accountants (SAFA) for its best presented Annual Report-2022, says a press release. The bank bagged the Gold Award (1st Prize) in the Private Sector Banking Institutions...

Ispahani Mirzapore best tea brand again

2023-12-25 00:00:00

Ispahani Mirzapore has won the 'Best Hot Beverage Brand (Tea) Award 2023' for the ninth consecutive year. Along with this, it won the top five in the 'Overall Best Brand' category among all local and multinational brands in the 'Best...

Japan to release 3rd tranche of $540m

FE REPORT | 2023-12-25 00:00:00

Japan will provide a third tranche of 76,635 million yen or approximately $540 million for the third terminal at the Hazrat Shahjalal International Airport the construction of which already reached 90 per cent.With this, the Japanese loan for it stood...

CMP announces anti-arms drive before elections

Our Correspondent | 2023-12-25 00:00:00

CHATTOGRAM, Dec 24: The Election Commission (EC) has directed law enforcement agencies to recover illegal weapons and prepare a list of terrorists before the 12th parliamentary elections on January 7, 2024. Following these directives, the Chattogram Metropolitan Police (CMP) headquarters...

Ruling Awami League-fielded Dhaka-06 constituency candidate Sayeed Khokon carrying

2023-12-25 00:00:00

Ruling Awami League-fielded Dhaka-06 constituency candidate Sayeed Khokon carrying out mass contact under the election symbol 'boat' at Gendaria in the city on Sunday — Focus Bangla

CPD press briefing to divert people's attention before polls: Hasan

2023-12-25 00:00:00

Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud on Sunday said the Centre for Policy Dialogue (CPD) held a press conference based on false information to divert people's attention before the elections, reports BSS."I read...

AL Ctg-3 candidate served show-cause notice

2023-12-25 00:00:00

The Electoral Enquiry Committee on Sunday served a show-cause notice on Awami League (AL) nominated candidate of Chattogram-3 (Sandwip upazila) Mahfuzur Rahman Mita for the second time for allegedly breaching the electoral code of conduct, reports UNB.According to the notice,...

Leaders of the 12-party alliance brought out a precession in the city's Bijoy Nagar area on Sunday demanding resignation of the

2023-12-25 00:00:00

Leaders of the 12-party alliance brought out a precession in the city's Bijoy Nagar area on Sunday demanding resignation of the government to pave the way for holding the 12th parliamentary election under a non-party neutral administration — Focus Bangla

AL wants peaceful election, says Quader

2023-12-25 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Sunday said the ruling party wants a peaceful election, so it will not tolerate any kind of anti-poll violence, reports BSS. "Actions will be taken against those found guilty," he said at...

Khawaja denied permission to have peace symbol on bat

2023-12-25 00:00:00

MELBOURNE, Dec 24 (AFP): Australia's Usman Khawaja has been denied permission to place a peace symbol on his bat and shoes for the Boxing Day Test against Pakistan, reports said Sunday.A sticker showing a black dove and the words 01:UDHR...

India beat Australia in women's Test for 1st time

2023-12-25 00:00:00

MUMBAI, Dec 24 (AFP): India's women's cricket team cruised to their first-ever win against Australia in Test cricket Sunday, beating the visitors by eight wickets in a one-off match in Mumbai.India dominated play in the four-day match at the Wankhede...