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DMCB opens its 143rd branch in Pirganj

2024-02-13 00:00:00

The Dhaka Mercantile Co-operative Bank Limited (DMCB) has recently opened its 143rd branch at Mandal Plaza in Pirganj, Rangpur. Chief Advisor of DMCB Group Captain (Retd) Abu Zafar Chowdhury presided over the inaugural function. DMCB directors, advisors and senior officials,...

NBL holds Annual Business Conference

2024-02-13 00:00:00

The annual business conference for the Corporate Branches and Dhaka South Region of National Bank Limited was held at its training institute on Sunday. Dr Syed Ferhat Anwar, chairman of the bank, inaugurated the conference as the chief guest. Md...

BASIC Bank's holds Managers' Conference

2024-02-13 00:00:00

BASIC Bank Limited organised its 'Managers' Conference- 2024' at BCS Administration Academy Auditorium at Shahbagh in the city on Saturday. Prof Dr Abul Hashem, chairman of the bank, inaugurated the conference as the chief guest while Md Anisur Rahman, Managing...

Huawei wins Energy Globe World Award

2024-02-13 00:00:00

Huawei has received the Energy Globe World Award, one of the most prestigious environmental awards in the world, aimed at recognising projects focused on energy efficiency, sustainability, and the use of renewable energy sources, said a press release. It is...

50pc depreciation facility sought on reconditioned cars import

2024-02-13 00:00:00

The Bangladesh Recon-ditioned Vehicles Importers and Dealers Association (BARVIDA) has sought 50 per cent depreciation facility on import of reconditioned cars, reports BSS.Currently, the depreciation rate on reconditioned vehicles is 30 per cent.The association today made the demand at the...

Stocks snap 10-day rally on profit booking

FE REPORT | 2024-02-13 00:00:00

Stocks' 10-day rally came to an end on Monday as the risk-averse investors preferred to bag profit on quick-gaining shares. The market opened on a positive note, gaining 26 points within the first 20 minutes of the session. But profit-booking...

Here is why Minori's claim of Tk 4b foreign fund into Emerald Oil seems hollow

BABUL BARMAN AND FARAN FARDAUS | 2024-02-13 00:00:00

The struggling Emerald Oil Industries' ambitious plan to bring in a foreign investment of Tk 4 billion by selling its shares or placing a lien against them seems elusive as the data does not add up. Minori Bangladesh recently claimed...

Russian exports to Europe down two-thirds in 2023

2024-02-13 00:00:00

MOSCOW, Feb 12 (AFP): Russian exports to Europe dropped by more than two-thirds in 2023, as the EU drastically cut its purchases of Russian oil and gas, Russia's customs agency said Monday.EU countries have halted the vast majority of their...

France halts subsidised EV lease programme after strong demand

2024-02-13 00:00:00

PARIS, Feb 12 (Reuters): The French government said on Monday it was halting for the rest of this year a programme to subsidise low earners leasing an electric car, after demand far exceeded initial plans.Under the programme, people on less...

Indian police block roads to halt farmers marching to New Delhi

2024-02-13 00:00:00

NEW DELHI, Feb 12 (Reuters): Indian police on Monday blocked roads to halt farmers who were marching to New Delhi to press for the better crop prices promised to them in 2021 when thousands of growers camped out on major...

Egypt wants to boost investment cooperation with UAE

2024-02-13 00:00:00

DUBAI, Feb 12 (Arab News): During the annual Arab Fiscal Forum in Dubai, Egyptian Finance Minister Mohamed Maait emphasised his country's dedication to enhancing cooperation with the UAE in taxation, economy, finance, and investment areas.Maait told Emirates News Agency, also...

AIB PLC opens branch at Gobindaganj in Sunamganj

2024-02-13 00:00:00

Al-Arafah Islami Bank (AIB) PLC. has opened its 216th branch at Gobindaganj in Chhatak Upazila of Sunamganj on Monday. Managing Director and CEO of the bank Farman R. Chowdhury inaugurated the new branch as the chief guest. Sylhet Zonal Head...

Islami Bank's Noakhali Zone holds agent banking conference

2024-02-13 00:00:00

Islami Bank Bangladesh PLC's Noakhali Zone organised the Agent Banking Business Development Conference-2024 and Workshop on Prevention of Money Laundering & Terrorist Financing in Feni recently. Mohammed Monirul Moula, Managing Director and CEO of the bank addressed the conference on...

ICMAB team takes part in pre-budget discussion with NBR

2024-02-13 00:00:00

A delegation of The Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Prof Dr Md Salim Uddin FCMA, took part in a pre-budget discussion for the financial year 2024-25 at the National Board of Revenue,...

Int'l trade fair begins in Ctg on Thursday

NAZIMUDDIN SHYAMOL | 2024-02-13 00:00:00

CHATTOGRAM, Feb 12: A month-long Chattogram International Trade Fair (CITF) 2024 begins at Railway Polo Ground in the port city on Thursday (February 15).State Minister for Commerce Ahasanul Islam Titu will inaugurate the 31st CITF which will remain open to...

To raise power tariff or float more bonds remains a tough choice

2024-02-13 00:00:00

The government is caught up in a dilemma in choosing the right option to reduce the gap between the cost of power production and revenues generated from sales."Top policymakers are divided over whether the government should go for increasing the...

BD geotextile mkt surpasses Tk 7.0b

FE REPORT | 2024-02-13 00:00:00

The country's geotextile market has crossed Tk 7.0-billion mark in recent years, ushering in possibility for massive extension of its export, according to agriculture minister Prof Dr Abdus Shahid.He said the market has been expanding as the use of the...

Factories do not update system, deprive workers of benefits

MONIRA MUNNI | 2024-02-13 00:00:00

Though there is a workers' biometric database system, majority members of the apparel apex body did not regularly update the required information, depriving the workers of financial benefits like insurance.The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on February 10...

Weather (2024-02-13)

2024-02-13 00:00:00

Weather may remain mainly dry with temporary partly cloudy sky over the country until 06:00 pm today (Tuesday), according to the Met Office.The highest temperature in the country on Monday was recorded at 30.5 degrees Celsius in Sitakunda of Chattogram...

Two SSC exam centres on BD-Myanmar border shifted

2024-02-13 00:00:00

COX'S BAZAR, Feb 12 (UNB): Following the unrest along Bangladesh-Myanmar border, the authorities concerned have relocated two centres for the Secondary School Certificate (SSC) examinations in Cox's Bazar, said Chattogram divisional commissioner Md Tofail Islam."The border situation is under control...

Disabled Rohingya youth shot dead in Cox's Bazar

2024-02-13 00:00:00

A physically disabled Rohingya youth has been hacked and shot to death in Cox's Bazar's Ukhiya upazila, reports bdnews24.com.The victim is Md Asadullah (35), a resident in Ukhiya's Rohingya camp no. 20.The incident took place on a bridge next to...

Dr Abdul Malek speaking at a workshop on 'Right to Information'

2024-02-13 00:00:00

Chief Information Commissioner Dr Abdul Malek speaking at a workshop on 'Right to Information' for the officials of Health, Education and Family Welfare Department at the Information Commission office in the city on Monday

Police taking 23 Rohingya men from refugee camps in Ukhiya

2024-02-13 00:00:00

Police taking 23 Rohingya men from refugee camps in Ukhiya, who crossed the border to Myanmar's Rakhine state and returned with weapons, to produce them before Cox's Bazar Judicial Magisrate Court that placed them on a three-day remand on Monday...

DU Prof Naadir Junaid sent on three months' forced leave

DU CORRESPONDENT | 2024-02-13 00:00:00

Naadir Junaid, a senior professor of the Mass Communication and Journalism Department of Dhaka University (DU), has been sent on three months' compulsory leave on charge of sexually harassing a female student.The university authorities informed this in a letter to...

Regulator to crack down on misleading info in food ads

FE REPORT | 2024-02-13 00:00:00

The food safety watchdog will take actions for using any kind of misleading information in advertisements of food products.Bangladesh Food Safety Authority (BFSA) will fine advertisers who will hurt emotions of any communities, use obscene or indecent phrases or claim...

BD’s tourism in trouble for Myanmar conflict

GULAM RABBANI | 2024-02-13 00:00:00

Winter is typically a time to break away from the urban routine and travel to the verdant hills of Chittagong, the sandy beaches of Cox's Bazar or the crystalline waters of Saint Martin's Island. In fact, the winter touring sentiment...

Three Sherpur war criminals jailed for life

2024-02-13 00:00:00

International Crimes Tribunal (ICT)-1 has sentenced life imprisonment to three war criminals from Sherpur's Nokla upazila for the crimes they committed during the Liberation War in 1971, reports BSS.A three-member judicial panel led by Justice Md Shahinur Islam, chairman of...

Manna blames govt syndicates for price surge

2024-02-13 00:00:00

Nagorik Oikya President Mahmudur Rahman Manna has blamed market syndicates for the increase in prices of commodities and alleged that the government itself is nurturing the market manipulators, reports UNB.Manna came up with the comments while speaking at a signature...

AL-backed syndicates out to make money hiking commodity prices: BNP

2024-02-13 00:00:00

FE REPORT The Bangladesh Nationalist Party (BNP) alleged on Monday that the Awami League-backed market syndicates are increasing the prices of essential commodities indiscriminately to make a quick buck.Member of the party chairperson's advisory council Zainul Abdin Farroque made the...

BNP stuck in quicksand of wrong politics: Quader

2024-02-13 00:00:00

Terming BNP a major political party until now, Awami League (AL) General Secretary Obaidul Quader has said they are inactive now and made mistakes, report agencies."They (BNP) are actually stuck in the quicksand of wrong politics," he said.The AL leader...