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TAKAFUL ISLAMI INS HOLDS BUSINESS REVIEW MEETING

2023-10-09 00:00:00

Takaful Islami Insurance Ltd. held its Dhaka Branch Managers' Business Review Meeting in Dhaka recently. Chief Executive Officer (C.C) Abul Kalam Azad presided over the meeting attended by Tahmina Afroz, Chairman of the company, as the chief guest and Executive...

FOOD FESTIVAL AT DHAKA REGENCY

2023-10-09 00:00:00

Dhaka Regency Hotel & Resort has organised a food festival titled 'The Local Culinary Heritage of Bangladesh 2023' that began on Thursday and will continue until October 30. The festival will showcase authentic local delicacies from all divisions of the...

ZENITH ISLAMI LIFE INS HOLDS ANNUAL CONFERENCE

2023-10-09 00:00:00

The Annual Conference-2023 of Zenith Islami Life Insurance Limited was held at a hotel in Cox's Bazar on Saturday. Chairman of the company and former MP Faridunnahar Laily was present as the chief guest at the conference while its Vice...

Union Bank Holds Business Review Meeting

2023-10-09 00:00:00

ABM Mokammel Hoque Chowdhury, Managing Director & CEO of Union Bank Limited, inaugurated the Khulna, Barishal, Sylhet, Mymensingh Division & Cumilla, Brahmanbaria, Feni, Noakhali, Laxmipur and Chandpur District 3rd Quarterly Business Review Meeting 2023 as the chief guest at the...

STANDARD BANK WORKSHOP ON REMITTANCE SERVICES

2023-10-09 00:00:00

Shari'ah-based Standard Bank organised a virtual workshop on 'Excellence in Remittance Services' recently. Md Habibur Rahman, Managing Director & CEO, inaugurated the workshop as the chief guest while Md Siddiqur Rahman, Deputy Managing Director &COO, presided over the event.

City Bank, in collaboration with Heifer International Bangladesh, distributed 600 tonnes of poultry and fish feed

2023-10-09 00:00:00

City Bank, in collaboration with Heifer International Bangladesh, recently distributed 600 tonnes of poultry and fish feed among more than 400 marginal farmers in Rajshahi as part of its corporate social responsibility. City Bank additional managing directors Sheikh Mohammad Maroof...

Exim Bank arranged a business development conference --

2023-10-09 00:00:00

Exim Bank arranged a business development conference with all branch managers, executives and officials of Sylhet region in Sylhet on Friday. Managing Director and CEO of Exim Bank Mohammad Feroz Hossain was present as the chief guest while Sylhet Regional...

Saudi Arabia pioneers the next era of food security innovation

2023-10-09 00:00:00

RIYADH, Oct 08 (Arab News): As the global population surges, securing a stable supply of food and water has become paramount for a sustainable future. Saudi Arabia, ever at the forefront of change, places this challenger at the centre of...

Walton to join Canton Fair

2023-10-09 00:00:00

Electronics brand Walton, for the third time, is going to take part in the world's largest trade 'China Import and Export Fair,' popularly known as 'Canton Fair', beginning on October 15 in Guangzhou, China, says a press release. Walton is...

MTB launches Retail Fest

FE DESK | 2023-10-09 00:00:00

Mutual Trust Bank Ltd (MTB) launched a week-long 'Retail Fest 2023' on Sunday. MTB Managing Director and CEO Syed Mahbubur Rahman announced the inauguration of the fest as the chief guest at MTB Tower in the capital. Themed 'Celebrate the...

Dhaka bourse hits two-month low, as investors absorb money tightening shock

FE REPORT | 2023-10-09 00:00:00

The key index of the Dhaka bourse hit two-month low on Sunday as jittery investors continued to dump holdings to exit the market.As the market absorbed the impact of US visa restrictions, it received another blow from the policy rate...

Moldova introduces free gas transit to Ukraine

2023-10-09 00:00:00

CHISINAU, Oct 8 (Reuters): Moldovan authorities have enacted regulations calling for free transport of European gas to and from storage facilities in neighbouring Ukraine to ensure the country's winter needs are met.The Commission on Emergency Regulations called on Moldova's gas...

Developing countries facing a debt crunch

2023-10-09 00:00:00

LONDON, Oct 8 (Reuters): High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in debt crises. Helping them claw out of this will be a key agenda...

China forex reserves fall to $3.115t

2023-10-09 00:00:00

SHANGHAI, Oct 8 (Reuters): China's foreign exchange reserves fell more than expected in September, official data showed on Saturday, as the US dollar rose against other major currencies.China's reserves - the world's largest - fell $45 billion to $3.115 trillion...

Asian spot LNG prices retreats from 7-month high

2023-10-09 00:00:00

LONDON, Oct 8 (Reuters): Asian spot liquefied natural gas (LNG) prices retreated from a seven-month high as demand remained muted due to warmer weather and as market players did not envisage production losses from the possible return of strikes in...

Shahadat appointed to CAPA Board

2023-10-09 00:00:00

Md Shahadat Hossain FCA, Past President and Council Member of ICAB, has been appointed as a member of the Board of Directors of Confederation of Asian and Pacific Accountants (CAPA) at the annual general meeting (Assembly of Delegates) of CAPA...

ONE Bank signs deal with Smart Technologies

2023-10-09 00:00:00

ONE Bank Limited signed an agreement with Smart Technologies (BD) Ltd (SONY-SMART) recently. Md Sarwar Jahan Chowdhury, General Manager of Smart Technologies and Md Kamruzzaman, Head of Retail Banking of ONE Bank, signed the agreement. Under this agreement, ONE Bank...

MIDLAND BANK'S DONATION TO RANGPUR CITY CORPORATION

2023-10-09 00:00:00

As part of its Corporate Social Responsibility (CSR), Midland Bank Limited donated Tk 200,000 as financial assistance to Rangpur City Corporation for healthcare purpose. Md Rezaul Haque, Head of Rangpur Branch of Midland Bank, handed over the cheque to Mayor...

BRAC BANK OPENS SUB-BRANCH IN CHATTOGRAM

2023-10-09 00:00:00

BRAC Bank has opened a new sub-branch at Khulsi in Chattogram. This is the first sub-branch of the bank in Chattogram. Chairperson of BRAC Bank Meheriar M Hasan formally inaugurated the sub-branch at Triangle Tower on Sunday. Selim R F...

StanChart introduces World Cup offers

2023-10-09 00:00:00

With the ICC Men's Cricket World Cup in full swing, Standard Chartered strives to help clients and customers make the most of the fun-filled cricket season and Standard Chartered Bangladesh has joined hands with several popular dining, lifestyle, and electronics...

Joint efforts of financial sector, media and regulators can tackle fake news

FE REPORT | 2023-10-09 00:00:00

Regular coordination among bankers, regulators and media personnel is needed to ensure authentic flow of information that will help avoid dissemination of fake or engineered news, experts said at a seminar on Sunday.They called upon reporters to play a role...

Matarbari power plant first unit goes online next month

NAZIMUDDIN SHYAMOL | 2023-10-09 00:00:00

CHATTOGRAM, Oct 08: The authorities have decided to start operation of the first unit of Matarbari Ultra Super Critical Coal Fired Power Plant next month (November). Work of the dream project at Matarbari in Maheshkhali upazila of Cox's Bazar has...

US drillers cut oil and gas rigs for third straight week

2023-10-09 00:00:00

US energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since early September, energy services firm Baker Hughes said in its closely followed report...

Indian steel firms plan price rises as coking coal costs surge

2023-10-09 00:00:00

NEW DELHI, Oct 8 (Reuters): Indian steel companies plan to raise prices of various grades of the alloy due to rising import costs of coking coal, especially from major producer Australia, officials at four domestic mills said.Steel mills are likely...

United Airlines orders 110 Airbus, Boeing jets

2023-10-09 00:00:00

United Airlines has announced an order for 110 aircraft from Boeing and Airbus for delivery beginning in 2028 as it seeks to expand its international network, reports Reuters.The Chicago-based carrier said its order is also intended to mitigate the persistent...

Asian wheat millers boosting imports on higher price expectations

2023-10-09 00:00:00

SINGAPORE, Oct 8 (Reuters): Asian flour millers are likely to step up purchases as global wheat supplies are forecast to tighten in the months ahead, with dry weather reducing production in some key exporting countries.Wheat importers, including from Indonesia, the...

Two children drown in B’baria pond

2023-10-09 00:00:00

BRAHMANBARIA, Oct 08 (BSS): Two children drowned in a pond in Sarailupazila of the district on Sunday.The dead are Ismail (6) and Sadia (5). They were the residents at Galania village in the upazila.Local people said the incident occurred when...

Fugitive convict held in Ctg after 20 years

2023-10-09 00:00:00

CHATTOGRAM, Oct 08 (BSS): The Rapid Action Battalion (RAB) has arrested a fugitive convict from Junighata Bazar area under Fatickchari upazila in Chittagong after 20 years.The RAB arrested Khurshed Alam Iqbal (45), son of late Ali Ahmed, hailing from Piondong...

Two illegally captured langurs of rare species

2023-10-09 00:00:00

Two illegally captured langurs of rare species and 16 tortoises kept in separate cages after their seizure from a man by the police in Feni on Sunday. Later, the tortoises were released in a pond of the forest department in...

Couple, minor son burnt in N'ganj gas blast

2023-10-09 00:00:00

Narayanganj, Oct 08 (UNB): A couple and their baby sustained severe burn injuries in an explosion, suspected to be caused by a gas leak, in Araihazar upazila of Narayanganj in the early early of Sunday.The burn victims are: Arijit, 35;...