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MIDLAND BANK SIGNS MOU WITH ASCOTT

2024-03-04 00:00:00

Midland Bank (MDB) signed a Memorandum of Understanding (MoU) with Ascott The Residence Dhaka, a deluxe boutique hotel, at the bank's head office in Dhaka. Md Rashed Akter, Head of Retail Distribution of Midland Bank, and Nayeem Uddin Ahmed, Corporate...

UTTARA BANK DISBURSES LOAN AMONG JHUM FARMERS

2024-03-04 00:00:00

Mohammed Rabiul Hossain, Managing Director & CEO of Uttara Bank PLC, has recently handed over loan cheques among the underprivileged 'Jhum' farmers of hilly areas. Md Ashraf-uz-Zaman, Deputy Managing Director, Mohammad Liton Pasa Khan, Deputy General Manager & Zonal Head...

ISLAMI BANK HOLDS AGENT BANKING CONFCE -

2024-03-04 00:00:00

Rajshahi Zone of Islami Bank Bangladesh PLC organised an 'Agent Banking Business Development Conference' and a workshop on 'Prevention of Money Laundering & Terrorist Financing' on a virtual platform in Rajshahi recently. Mohammed Monirul Moula, Managing Director and CEO of...

NATIONAL BANK OPENS SUB-BRANCH IN BOGURA

2024-03-04 00:00:00

National Bank Limited inaugurated a new branch at Sherpur in Bogura recently. Md Rajunur Rashid, the Regional Head & Executive Vice President of Rajshahi Region, was present as the chief guest. Sherpur sub-branch in-charges and local businessmen attended the event.

Southeast Bank, ABC International signs loan deal

2024-03-04 00:00:00

Southeast Bank signed a master loan agreement with ABC International Bank at its head office. Under this agreement, ABC International Bank will provide trade loans to Southeast Bank for its offshore banking operation. Nuruddin Md. Sadeque Hossain, managing director of...

City Bank Launches Bancassurance Service

2024-03-04 00:00:00

City Bank proudly launched its bancassurance service on Sunday (March 3), marking its inaugural sale of a life insurance policy. The event was graced by Md. Mahbubur Rahman, chief financial officer; Mahia Juned, chief operating officer; Ashanur Rahman, chief economist...

First Security Islami Bank awarded for digital banking

2024-03-04 00:00:00

First Security Islami Bank achieved 'Most innovative Islami Bank-Excellence awarded in banking of Bangladesh International Fame Award-2024 organised by Global Brands. The award was given to First Security Islami Bank in recognition of its outstanding contribution to promoting the digital...

Ashim Kumar Saha promoted as DMD of Mercantile Bank

2024-03-04 00:00:00

Ashim Kumar Saha has been promoted as deputy managing director of Mercantile Bank. He was the senior executive vice president and head of treasury of the bank. Since his joining the bank in 2016. Ashim Kumar has been efficiently delivering...

Shahnawaj Chowdhury new AMD, Modhumoti Bank

2024-03-04 00:00:00

Shahnawaj Chowdhury has been promoted to the post of Additional Managing Director of Modhumoti Bank. Prior to the promotion, he was the deputy managing director of the bank. Mr. Chowdhury has 25 years of experience in diversified discipline in the...

Google restores Indian apps

2024-03-04 00:00:00

NEW DELHI, Mar 03 (Hidustan Times): Google has reinstated all Indian applications that were previously removed, according to sources.This development reportedly follows a meeting between Union Minister of Electronics, Information Technology, Ashwini Vaishnaw, and Google officials.Google had previously removed several...

6 more cos labelled as junk stock

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

Six more poor-performing companies were downgraded to 'Z' category, which comes into effect today (Monday), as they failed to hold annual general meeting (AGM) in time.The companies are Active Fine Chemicals, AFC Agro Biotech, Fareast Life Insurance, New Line Clothing,...

GP drives market down in predictable investor move

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

The stock of Grameenphone (GP) tumbled almost 9 per cent on the Dhaka Stock Exchange on Sunday, the first trading day after it got rid of the floor, as investors dumped their holdings fearing further erosion. As per a directive...

Philippines' top energy firms partner for $3.3b LNG facility

2024-03-04 00:00:00

MANILA, Mar 3 (Reuters): Three top Philippine energy firms have partnered for the first time to form a large-scale integrated liquefied natural gas (LNG) facility, the companies said on Sunday, in a deal two of them valued at $3.3 billion.Aboitiz...

2023 safest yr on record for airlines: IATA

2024-03-04 00:00:00

PARIS, Mar 3 (AFP): Last year was the safest ever for commercial air travel, despite a massive rebound in passenger flights, an airline industry group said last week.The only fatal accident of a passenger plane was the crash of an...

Record US oil and gas production keeps prices under pressure

2024-03-04 00:00:00

LONDON, Mar 3 (Reuters): US production of oil and gas set new seasonal records in December, capping off an unprecedented year, according to data published by the US Energy Information Administration (EIA) on Thursday.Production continued to climb even as prices...

Archer Ruman announces retirement from nat'l team

2024-03-04 00:00:00

Country's celebrated Olympian archer Ruman Shana announced his retirement from the Bangladesh national archery team recently, reports UNB.Ruman Shana sent a letter to the Bangladesh Archery Federation (BAF) in this regard showing "personal reasons".General secretary of BAF Kazi Rajibuddin Ahmed...

OXFAM Run marathon held

2024-03-04 00:00:00

OXFAM Run marathon was held with the participation of more than 1,000 men and women at Hatirjheel in the city recently, according to a press release.The event aimed to create awareness against inequalities including wage discrimination, workplace violence, and job...

Lyon spins Australia to victory over New Zealand in first Test

2024-03-04 00:00:00

WELLINGTON, Mar 03 (AFP): Nathan Lyon spun Australia to a 172-run win over New Zealand in the first Test on Sunday, taking six wickets as the hosts collapsed to 196 all out.The home side crumbled on the fourth morning in...

Tigers ready for series eying World Cup

2024-03-04 00:00:00

SYLHET, Bangladesh, Mar 03 (Agencies): Bangladesh captain Najmul Hossain Shanto said Sunday he wanted his team to use the three-match Twenty20 series against Sri Lanka to perfect the format ahead of the World Cup in June.The series, which opens tomorrow...

Madrasa principal jailed for providing written answer scripts

2024-03-04 00:00:00

CHANDPUR, Mar 03 (UNB): A mobile court sentenced a madrasa principal to two years in jail on charge of providing examinees with answer scripts of English-I paper test in the ongoing Dakhil examinations at an exam centre in Shahrasti upazila...

Crab collection resumes in Sundarbans after 2-month ban ends

2024-03-04 00:00:00

KHULNA, Mar 03 (UNB): Fishermen have resumed collecting crabs in the Sundarbans following the conclusion of a two-month government-enforced ban designed to safeguard the breeding season of crabs.The ban, aimed at ensuring the sustainability of the crab population, ended last...

Boro farming goes on in full swing

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

Boro paddy cultivation is going on in full swing in different districts of the country with an eye to a bumper production of the staple crop this season.A report from Oue Sylhet Correspondent says, the farmers of the division are...

Turtles washing up dead on Cox's Bazar beach

TAHJIBUL ANAM | 2024-03-04 00:00:00

COX'S BAZAR, Mar 03: Turtles are floating dead frequently on the Cox's Bazar beach much to the concern of the oceanographers and environmentalists. Carcasses of 95 turtles with eggs have been spotted in the coastal area of Cox's Bazar in...

Trump closer to Republican nomination

2024-03-04 00:00:00

VIRGINIA, Mar 03 (BBC): Donald Trump won a string of Republican presidential contests on Saturday, edging closer to becoming the party's candidate in November's election as he attacked his likely opponent Joe Biden.The former president won the Missouri, Michigan and...

Ship earlier hit by Houthi rebels sinks in Red Sea

2024-03-04 00:00:00

DUBAI, Mar 03 (AP): A ship attacked by Yemen's Houthi rebels has sunk in the Red Sea after days of taking on water, officials said Saturday, the first vessel to be fully destroyed as part of their campaign over Israel's...

India navy to open strategic base near Maldives

2024-03-04 00:00:00

NEW DELHI, Mar 03 (AFP): India's navy has said it is bolstering forces on "strategically important" islands close to the Maldives, with a new base set to open just days before Male starts sending home Indian forces.Relations between India and...

Impossible to discuss Ukraine deal ‘sans Moscow's role’

2024-03-04 00:00:00

MOSCOW, Mar 03 (Reuters): Russian Deputy Foreign Minister Mikhail Galuzin and China's special representative for Eurasian affairs, Li Hui, said it is impossible to discuss a Ukraine settlement without Moscow's participation, the Russian foreign ministry said on Sunday.The Chinese envoy...

Winter rains leave 29 dead in Pakistan

2024-03-04 00:00:00

PESHAWAR, Mar 03 (AP): Pakistani authorities said Sunday at least 29 people died and 50 others injured due to heavy rains that swept across the country in the past 48 hours, causing several houses to collapse and landslides to block...

Hamas, Qatari, US envoys in Cairo for truce talks

2024-03-04 00:00:00

CAIRO, Mar 03 (AFP): Delegations from Hamas, Qatar and the United States have arrived in Egypt for "a new round of negotiations" toward a truce in the Gaza war, state-linked Al-Qahera News reported Sunday.Cairo, Doha and Washington have mediated in...

We urgently need a Geographical Indication (GI) Policy

Kakoly Talokder | 2024-03-04 00:00:00

Over the past month, there has been significant uproar nationwide after the Government of West Bengal in India acquired Geographical Indication (GI) rights for the renowned Tangail saree of Bangladesh. Notably, 'Tangail' is not a place in India but one...