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Social Islami Bank has opened five sub-branches through a virtual platform from its head office recently. Zafar Alam, Managing Director and CEO,

2023-10-01 00:00:00

Social Islami Bank has opened five sub-branches through a virtual platform from its head office recently. Zafar Alam, Managing Director and CEO, inaugurated the sub-branches while Mohammad Forkanullah, Deputy Managing Director, presided over the event. The sub-branches are Nazipur Sub-branch...

Nike shares jump on leaner inventory, better margins outlook

2023-10-01 00:00:00

Nike shares climbed as much as 11 per cent on Friday as the company further trimmed its inventory ahead of the all-important holiday shopping season and forecast improved second-quarter gross margin due to fewer discounts, reports Reuters.The world's largest sportswear...

Southeast Bank Training Institute organised a two-day in-house training programme titled "Agent banking operation of SEBL"

2023-10-01 00:00:00

Southeast Bank Training Institute organised a two-day in-house training programme titled "Agent banking operation of SEBL" wherein agent partners and agent staffs from different agent outlets joined as participants. Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank, after the...

ICB Capital's new product: It is to secure high return tapping into bonds

Mohammad Mufazzal | 2023-10-01 00:00:00

ICB Capital Management has designed an investment product, in which individuals, institutions, and registered funds will be able to inject money to get, as it has forecast, an annual return of more than 8 per cent. Anyone willing to make...

China powers global aluminium output to record high

2023-10-01 00:00:00

LONDON, Sept 30 (Reuters): Global production of primary aluminium hit an all-time high in August, with the world's smelters running at an annualised rate of 71.2 million tonnes.It was the second consecutive month that run-rates were above the 70-million tonne...

Huawei sets up commodities hedging team in Singapore, HK

2023-10-01 00:00:00

Huawei Technologies is building a commodities team to hedge and trade metals and energy products, according to the Chinese technology company's job posts on professional social network LinkedIn, reports Reuters.The company was looking for a commodity trader and a commodity...

Ivory Coast cocoa farmers hope for sunny spells in October

2023-10-01 00:00:00

ABIDJAN, Sept 30 (Reuters): A sunny spell would be needed next month to strengthen the October-to-March main crop and help fight the fungal black pod disease, farmers from Ivory Coast's main cocoa growing regions said on Monday.Ivory Coast, the world's...

Chicago wheat hits 3-year low, soy drops after US grain data

2023-10-01 00:00:00

Chicago wheat futures cratered more than 6 per cent on Friday, hitting a three-year low after US government data pegged wheat production above analysts' expectations, reports Reuters.Soybean futures also closed sharply lower on larger-than-forecast domestic stockpiles, and the drop in...

US plans sharp reduction in offshore oil, gas auctions

2023-10-01 00:00:00

The Biden administration on Friday unveiled a plan to phase down oil and gas auctions in federal waters with the release of a long-awaited leasing schedule that includes a maximum of three sales in the Gulf of Mexico through 2029,...

Over 220 people, 25 organizations worldwide face reprisals for cooperating with UN on HR

2023-09-30 00:00:00

GENEVA, 29 Sept (UNB): Over 220 individuals and 25 organizations in 40 countries* across the world faced threats and retaliation from State and non-State actors for cooperating with the UN on human rights.The information is in the UN Secretary-General's report...

Mayor Atiqul Islam nominated as UNACLA member

2023-09-30 00:00:00

Dhaka North City Corporation (DNCC) Mayor Md Atiqul Islam has been nominated as a member of the United Nations Advisory Committee of Local Authorities (UNACLA), reports UNB.On September 25, 2023, a letter signed by UN Secretary-General Antonio Guterres informed about...

Greece to tap into undocumented migrants to curb labour squeeze

2023-09-30 00:00:00

ATHENS, Sept 29 (Reuters) - Greece's conservative government is working on a plan to integrate hundreds of thousands of undocumented migrants to fill worker shortages in agriculture, construction and tourism, ministry officials said on Wednesday.Like other European countries, Greece faced...

Dengue cases cross 200,000 mark this year

FE REPORT | 2023-09-30 00:00:00

The total dengue cases this year crossed the 200,000 mark with 1,793 new cases of hospitalization across the country on Friday.Meanwhile, the health authority registered 8 new deaths due to the mosquito borne dengue fever, including 4 from the capital...

Tanzid Hasan plays a shot during a warm-up match

2023-09-30 00:00:00

Tanzid Hasan plays a shot during a warm-up match between Bangladesh and Sri Lanka ahead of the ICC Men's Cricket World Cup, at the Assam Cricket Association Stadium in Guwahati on Friday. Chasing a target of 264, Bangladesh won the...

BD defers decision until mid-January

FE REPORT | 2023-09-30 00:00:00

The government has once again deferred a decision to use taka as headline currency in fixing airfares in Bangladesh until next January 16.According to officials, this is for the second time the deadline has been extended due to "procedural delays".In...

Ctg elevated expressway set for Nov opening

OUR CORRESPONDENT | 2023-09-30 00:00:00

CHATTOGRAM, Sept 29: The first elevated expressway in the port city of Chattogram, spanning from Lalkhan Bazar to Chittagong Shah Amanat International Airport, is now 80-percent complete. According to officials, a segment of the elevated expressway is scheduled to open...

50 killed in Pakistan blasts

2023-09-30 00:00:00

QUETTA, Sept 29 (AFP): More than 50 people were killed and dozens more wounded in Pakistan's Balochistan province on Friday by a suicide bomber targeting a procession marking the birthday of Islam's Prophet Mohammed, officials said.A second suicide attack by...

Green chilli prices heating up again

FE REPORT | 2023-09-30 00:00:00

After an unusual hike in July and subsequent return to normalcy, green-chilli prices have started to rise again, reaching Tk 250 a kg on Friday. This marks a Tk 100-to Tk 120-per-kg increase in just three days. Onion, fish and...

Briefing 2023-09-30

2023-09-30 00:00:00

Prayer Timings (2023-09-30)

2023-09-30 00:00:00

New law permits taxmen to disclose undeclared assets

DOULOT AKTER MALA | 2023-09-30 00:00:00

Taxmen now have the authority to disclose information about undeclared assets and income of tax-evaders in the current financial year, as the restrictions on taxpayer-information privacy have been eased under the new tax law.This new provision, integrated into the Income...

First batch of uranium for RNPP reaches Rooppur

2023-09-30 00:00:00

PABNA, Sep 29 (UNB): The first consignment of uranium, the nuclear fuel for Rooppur Nuclear Power Plant, has arrived in Pabna's Rooppur under special security arrangement.Akbar Ali Munsi, superintendent of Pabna police, confirmed the development, saying that the first consignment...

US to impose visa curbs on others anytime appropriate

MIR MOSTAFIZUR RAHAMAN | 2023-09-30 00:00:00

Washington keeps option open to impose visa restrictions on other individuals if and when the administration believes "it's appropriate", a US mission spokesperson says about their hold-all sanctions policy. "The United States has taken steps to impose visa restrictions under...

Largest pvt data centre for financial sector opens today

ISMAIL HOSSAIN | 2023-09-30 00:00:00

Felicity IDC Limited (FIDC) -- a tier 3, PCI-DSS-certified internet data centre (IDC) -- is going to open for cloud service today (Saturday). It is specially designed for the country's financial sector. The data centre, located in Bangabandhu Hi-Tech City...

Inflation inexplicable as prices manifold over production cost

JASIM UDDIN HAROON | 2023-09-30 00:00:00

Inflation in Bangladesh seems inexplicable with prices stubbornly staying manifold over production costs while it eases worldwide, a situation which some economists describe as 'greedflation' created by profiteers. Prices of some prime essentials, for example, potatoes, chickens, eggs, and onions...

Weather (2023-09-30)

2023-09-30 00:00:00

Light to moderate rain/ thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rajshahi, Khulna and Barishal divisions until 06:00 pm today (Saturday) according to the Met Office. Mild heat wave is sweeping over...

News in Brief(2023-09-30)

2023-09-30 00:00:00

Two killed in Gopalganj road accidentTwo people were killed and five others injured in a collision between a passenger bus and a battery-run easy bike on the Dhaka-Khulna highway in Daserhat area under Muksudpur upazila of Goplaganj on Friday. The...

Eid-e-Miladunnabi observed -

2023-09-30 00:00:00

The holy Eid-e-Miladunnabi was observed in the country with due religious fervor and festivity on Thursday, marking the anniversary of the birth and demise of Prophet Hazrat Muhammad (peace be upon him), reports BSS. In separate messages, President Mohammed Shahabuddin...

Sabrang tourism park to have hotels, resorts soon

SAIF UDDIN | 2023-09-30 00:00:00

Installation of key infrastructure, including hotels and resorts, at Sabrang Tourism Park (STP) will begin soon as land development has been done, people familiar with this matter have said.The Bangladesh Economic Zones Authority (BEZA) is also awaiting a project's approval...

Work to brighten country's image further: PM

2023-09-30 00:00:00

WASHINGTON DC, Sept 29 (BSS): Prime Minister Sheikh Hasina has asked officials of the Bangladesh embassy in Washington DC to work with sincerity and patriotism to further enhance the country's image."Discharge duties with utmost sincerity, professionalism, honesty and patriotism to...