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Mohsin Habib appointed Director of Berger Paints

2024-04-03 00:00:00

Md Mohsin Habib Chowdhury has been appointed a Director of Berger Paints Bangladesh Limited in addition to his role as the Chief Operating Officer (COO) of the company, says a press release. Mr Chowdhury's career spans over 29 years within...

ICMAB webinar on ChatGPT

2024-04-03 00:00:00

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a webinar on 'ChatGPT for Competitive Advantage' recently, says a press release. Founder & CEO of Thriving Skills Limited Md Abdullah Al Mahmud, the resource person of the webinar,...

BRAC Bank to provide highest dividends in 6 years for 2023

FE REPORT | 2024-04-03 00:00:00

BRAC Bank has declared the highest dividends in six years for 2023 after securing a 35 per cent year-on-year growth in profit, supported by higher interest income.The bank's consolidated profit stood at Tk 8.275 billion for the year ended in...

BRAC Bank's Astha app crosses Tk100b monthly transaction milestone

FE DESK | 2024-04-03 00:00:00

BRAC Bank's mobile app, Astha, has achieved a record monthly transaction volume, manifesting the app's popularity among customers as a day-to-day digital banking platform. The mobile app has crossed Tk 100 billion monthly transaction in March 2024, which is a...

Stabilization Fund releases Tk 1b for low-cost loans to market intermediaries

FE REPORT | 2024-04-03 00:00:00

The Capital Market Stabilisation Fund (CMSF) has finally decided to disburse low-cost loans worth Tk 1 billion to market intermediaries for liquidity support to the moribund stock market.The CMSF signed an agreement with Community Bank Bangladesh on Tuesday at the...

REIT rules to be revised to facilitate development of satellite cities

MOHAMMAD MUFAZZAL | 2024-04-03 00:00:00

The securities regulator considers some amendments to the recently approved REIT rules to pave the way for investments on development projects in "satellite cities". The rules were formulated, keeping in mind that funds will go in rental projects but now...

Gold hits record peak

2024-04-03 00:00:00

LONDON, April 2 (AFP): Gold prices nailed another historic peak Tuesday over the growing prospect of interest rate cuts later this year, while European equity markets wobbled as traders returned following the long Easter holiday weekend.The haven precious metal advanced...

IPDC SIGNS AGREEMENT WITH BRAC HEALTHCARE

2024-04-03 00:00:00

IPDC Finance Limited has recently signed an MoU with BRAC Healthcare Limited to forge a collaboration aimed at providing exclusive healthcare benefits to IPDC employees at BRAC Healthcare centres. The signing ceremony was attended by Rizwan Dawood Shams, Managing Director...

NBL LAUNCHES REVAMPED WEBSITE

2024-04-03 00:00:00

National Bank Limited unveils its newly revamped website (www.nblbd.com), designed to elevate customer experiences. Featuring state-of-the-art security measures, it ensures a secure browsing environment. Managing Director & CEO of the bank Md Touhidul Alam Khan officially launched the revamped website...

Awlad Hossain new Bengal Commercial Bank AMD

2024-04-03 00:00:00

KM Awlad Hossain has been promoted to Additional Managing Director (AMD) of Bengal Commercial Bank PLC recently, says a press release. He joined this bank as the Deputy Managing Director & Chief Business Officer. He played a vital role in...

BMW, Tata Tech to jointly develop auto software

2024-04-03 00:00:00

BENGALURU, Apr 2 (Reuters): BMW Group and Tata Technologies will form a joint venture to develop automotive software for the German luxury carmaker, the Indian engineering services company said on Tuesday.India is a software development hub for global automakers and...

WB set to issue up to $1b in debut hybrid note

2024-04-03 00:00:00

LONDON, Apr 2 (Reuters): The World Bank is looking to issue up to $1 billion in a debut hybrid note on capital markets this year, a senior executive told Reuters, as development banks face increasing pressure to find new ways...

Aavishkaar Capital invests $5m in Midland Bank

2024-04-03 00:00:00

The ESG First Fund, managed by Aavishkaar Capital, has announced its fifth investment of US$ 5 million in Midland Bank, says a press release. This fund, established in partnership with KfW, a German state-owned development bank, is dedicated to investing...

ERL to sign another deal with Chinese company

2024-04-03 00:00:00

Eastern Refinery Limited (ERL) is going to sign another supplementary contract with its contractor China Petroleum Pipeline Engineering Co. Ltd (CPPEC) to complete the testing and commissioning of the country's first Single Point Mooring (SPM) with Double Pipeline project, reports...

Residents threaten movement if CDA's move to fell trees not withdrawn

OUR CORRESPONDENT | 2024-04-03 00:00:00

CHATTOGRAM, Apr 02: Local people are at odds with the Chattogram Development Authority (CDA) over its tree-felling plan for construction of ramps of Chattogram Elevated Expressway.The agitated people held a procession and rally on Monday and Tuesday in the Central...

Expansion of palmyra palm plantation in the spotlight

Motiar Rahman | 2024-04-03 00:00:00

PABNA, Apr 02: Recognising the importance of palmyra palm (scientific name Borassus flabellifer) leaves as a life-saving, nutritive-delicious and valuable element, emphasis is now being placed on expansion of its plantation.The main feature of the palm tree is that it...

News in Brief2024-04-03)

2024-04-03 00:00:00

Child dead in Finland school shootingVANTAA, Apr 02: A child has died and two others have been seriously wounded in a shooting at a school in Finland, police say. Police said earlier that all three victims were 12 and that...

Israeli airstrike on Gaza kills 7 food aid NGO workers

2024-04-03 00:00:00

GAZA, Apr 02 (Reuters): Citizens from Australia, Britain and Poland were among seven people working for celebrity chef Jose Andres' World Central Kitchen who were killed in an Israeli airstrike in central Gaza on Monday, the NGO said.The workers, who...

Seven Revolutionary Guards officers killed in Syria attack

2024-04-03 00:00:00

DAMASCUS, Apr 02 (BBC/Reuters): Iran's Revolutionary Guards say seven officers have been killed in an Israeli strike on the Iranian consulate building in Syria's capital, Damascus.Brig-Gen Mohammad Reza Zahedi, a senior commander of the elite Quds Force, and Brig-Gen Mohammad...

PSG coach Enrique 'very happy' with Mbappe ahead of French Cup semi

2024-04-03 00:00:00

PARIS, Apr 02 (AFP): Paris Saint-Germain (PSG) coach Luis Enrique said on Tuesday he was "very happy" with star attacker Kylian Mbappe during a press conference on the eve of his side's French Cup semi-final clash with Rennes, as he...

Stokes opts out of T20 World Cup

2024-04-03 00:00:00

LONDON, Apr 02 (AFP): Test captain Ben Stokes has ruled himself out of England's T20 World Cup title defence, the England and Wales Cricket Board (ECB) announced Tuesday.The 32-year-old said he was skipping the tournament in the United States and...

Trisna's record hat-trick goes in vain

2024-04-03 00:00:00

Bangladesh left-arm medium pacer Fariha Trisna registered career-best 4-19, including a hat-trick but it was not enough to save her side from a 58-run defeat to Australian Women's team in the second T20 International at Sher-e-Bangla National Cricket Stadium in...

Spinners put Sri Lanka on verge of series sweep

2024-04-03 00:00:00

CHATTOGRAM, Apr 02 (Agencies): Prabath Jayasuriya, Lahiru Kumara and Kamindu Mendis each claimed two wickets as Sri Lanka came within grasp of another resounding victory in the second and final Test on Tuesday.Bangladesh were 268-7 at stumps on the fourth...

Injecting goodness in lifestyle from an early age

TAHSEEN NOWER PRACHI | 2024-04-03 00:00:00

As a parent, one wears many hats: supporter, advocate, cheerleader, and advisor. Regardless of their child's age, they fret and hope they're steering them right. Every action, tear, heartache, obstacle, and ailment their child faces, they feel it tenfold.Whether your...

Are you indulging in daily life virality?

MEHENAZ SULTANA TISHA | 2024-04-03 00:00:00

Every day, you wake up to look at your screen, and there is a new drama on Facebook. Some dramas even last for two or three days. Whether it is simply another memetic catchphrase resurfacing from an old TV show...

Embracing the future of marketing

2024-04-03 00:00:00

In the constantly evolving marketing world, Bangladesh is at a crossroads where established techniques meet disruptive new advances. As AI influencers emerge as strong players in global brand advertising, Bangladesh's marketing industry is on the verge of confronting something extraordinary....

Salary of imams and muezzins

2024-04-03 00:00:00

At the end of each month, the imams and muezzins of the mosque receive a salary of Tk7,000. However, amidst the current rampant increase in commodity prices, this amount is paltry. Despite this, these individuals, who belong to low-income brackets,...

Tackling vehicle pollution

Syed Mansur Hashim | 2024-04-03 00:00:00

The Environment, Forest and Climate Change minister, reportedly, has asked the relevant authorities to furnish a list of public buses "having over 20 years (of) their economic life, in an effort to control air pollution in the capital." Could this...

Decision on vehicle parking shelved!

Wasi Ahmed | 2024-04-03 00:00:00

The Dhaka Transport Coordination Authority (DTCA) made a significant decision years ago, approving a proposal to establish 64 parking lots within the capital. This decision ignited hope among city dwellers and those concerned about addressing the persistent issue of vehicular...

Helping growth of a healthy next generation

2024-04-03 00:00:00

Bangladesh has been a global model for family planning, as the use of family planning methods increased from around 8.0 per cent per eligible couple in 1975 to 64 per cent in 2022. According to the Bangladesh Bureau of Statistics...