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BNP demands withdrawal of all cases against Yunus

2023-08-30 00:00:00

In the wake of an open letter of global leaders and Nobel laureates urging Prime Minister Sheikh Hasina to halt the current trial proceedings against Dr Muhammad Yunus, BNP on Tuesday demanded the immediate withdrawal of all cases filed against...

Parash urges people to cast vote for AL

2023-08-30 00:00:00

Awami Jubo League Chairman Sheikh Fazle Shams Parash on Tuesday urged the people to cast votes in favor of Awami League in the next general election to continue development spree of the country, reports BSS."If people vote for Awami League...

BTRC starts removing Tarique's speeches from social media

FE REPORT | 2023-08-30 00:00:00

The Bangladesh Telecommunication Regulatory Commission (BTRC) has started removing the statements of BNP acting chairman Tarique Rahman from all social media, including YouTube and Facebook. Barrister Khandker Reza-E-Raquib, a counsel for the BTRC, told the High Court (HC) on Tuesday...

S.Korea's LG Energy Solution aims to raise about $1b in green bonds

2023-08-30 00:00:00

Sydney, Aug 29 (Reuters): South Korea's LG Energy Solution is aiming to raise about $1 billion from the sale of two, dollar-denominated green bonds, according to two sources with direct knowledge of the matter.The sources could not be identified as...

FTSE 100 hits 2-week high, outpaces STOXX 600 on Bunzl, mining boost

2023-08-30 00:00:00

The exporter-heavy FTSE 100 index hit a two-week high on Tuesday, following an extended weekend as miners rose on optimism over fresh policy support from top consumer China, while Bunzl advanced on upbeat annual profit outlook, reports Reuters.The blue-chip index...

Chinese investors rush to offshore funds to offset domestic risks

2023-08-30 00:00:00

HONG KONG/SHANGHAI, Aug 29 (Reuters): Disillusioned with a weak stock market at home, geopolitical risks and a falling currency, Chinese investors are pouring money into investment products with exposure to overseas assets that will also help diversify their portfolios.Retail money...

BYD H1 profit triples as deliveries break record

2023-08-30 00:00:00

BEIJING, Aug 29 (Reuters): China's BYD Co Ltd on Monday said first-half profit jumped 204.7 per cent as the new energy vehicle maker broke its delivery record and retained its crown as China's biggest-selling auto brand.Net earnings for the six-months...

Big discount offer on Minister TV

2023-08-30 00:00:00

The 24'' Deluxe LED TV of the Minister brand is now available at only Tk 9,999. This television, originally priced at Tk 13,441, is currently being offered at a discount of almost Tk 3,000, says a press release. The standout...

GPH ISPAT ORGANISES FREE MEDICAL CAMP

2023-08-30 00:00:00

GPH Ispat Limited organised a day-long free medical camp on Sunday for the women of Kumira, Sitakunda, and its adjoining areas to mark the National Mourning Day. Hundreds of helpless and poor women have been given free treatment and medicine...

LAFARGEHOLCIM holds TECHNICAL SEMINAR

2023-08-30 00:00:00

LafargeHolcim Bangladesh Ltd (LHBL) organised a technical seminar titled 'Sustainable Structural & Foundation Design' in Mymensingh recently. Dr Mohammad Jahangir Alam, Professor (retd), Civil Engineering Department, BUET, was present as the keynote speaker at the seminar while Fakhruddin Md. Khan,...

ICB Asset Management Company Mrs Mahmuda Akhter handed over a cheque of Tk 50 million to Managing Director of Agrani Bank Murshedul Kabir

2023-08-30 00:00:00

Chief Executive Officer of ICB Asset Management Company Mrs Mahmuda Akhter handed over a cheque of Tk 50 million on Tuesday to Managing Director of Agrani Bank Murshedul Kabir from profits out of investments from Bangladesh Fund managed by the...

Mercantile Bank Training Institute started two-week foundation training

2023-08-30 00:00:00

Mercantile Bank Training Institute has started a two-week foundation training for its trainee assistant officers in phase two recently. Mati Ul Hasan, additional managing director and chief risk officer of the bank, inaugurated the training, while Tapash Chandra Paul, chief...

DSE Chairman Professor Dr Hafiz Md Hasan Babu planted trees on DSE plots at Kapasia

2023-08-30 00:00:00

As part of the month-long programmes to commemorate August, the month of mourning, Dhaka Stock Exchange Chairman Professor Dr Hafiz Md Hasan Babu planted trees on DSE plots at Kapasia, Gazipur on Monday. DSE Director Md Shakil Rizvi, Managing Director...

Bangladesh Bank awarded Shahjalal Islami Bank for sustainable rating

2023-08-30 00:00:00

The Bangladesh Bank awarded Shahjalal Islami Bank Limited for sustainable rating. Managing Director & CEO of Shahjalal Islami Bank Limited Mosleh Uddin Ahmed received the award from Bangladesh Bank Governor Abdur Rouf Talukder on Tuesday. Deputy Governor of Bangladesh Bank...

Akij Plastics holds distributors' confce

FE REPORT | 2023-08-30 00:00:00

Akij Plastics Limited, a subsidiary of Akij Group, recently hosted a distributors' conference in Nepal, which brought together more than 700 delegates, including around 500 distributors along with sales and marketing professionals.The Achievers Summit 2023 took place at Royal Grand...

BD biggest cotton apparel exporter to UK: Study

FE REPORT | 2023-08-30 00:00:00

Bangladesh is the largest cotton-based apparel exporter to the United Kingdom, grabbing over 21 per cent of its market share in that particular category, according to a latest study report.In 2021, Bangladesh exported cotton-based garment worth $1.95 billion having 21.9-per...

IBN SINA Pharma's profit growth takes a pause in FY23

FE REPORT | 2023-08-30 00:00:00

The profit of IBN SINA Pharmaceutical Industry remained almost unchanged for FY23 as it recorded no notable rise in revenue compared to the previous fiscal year.Its consolidated profit was Tk 605.50 million in FY23, which was Tk 605.81 million in...

Bangladesh Submarine Cable to give 51pc dividend for FY23 on record profit

FE REPORT | 2023-08-30 00:00:00

Bangladesh Submarine Cable Company (BSCC) announced on Tuesday highest ever profit and dividend for FY23, riding on increased revenue. The news, however, failed to stir the blue-chip stock on the Dhaka bourse, thanks to the bearish sentiment hanging over the...

BRAC BANK NAMED TOP SUSTAINABLE BANK

2023-08-30 00:00:00

BRAC Bank has been named as one of the top sustainable banks for the third consecutive year. Bangladesh Bank conferred this coveted recognition as part of its Sustainability Rating of 2022. BRAC Bank's Deputy Managing Director & Head of Corporate...

StanChart facilitates LC application via H2H connectivity

2023-08-30 00:00:00

Standard Chartered Bangladesh has provided Genesis Fashions Limited, a leading ready-made garments manufacturer, with the resources needed to submit trade applications via Host-to-Host (H2H) connectivity, says a press release. The bank and the Genesis Fashions, a sister concern of the...

Startup Bangladesh to invest Tk 50m in Bongo

2023-08-30 00:00:00

Startup Bangladesh Limited, the pioneering venture capital company under the ICT Division, has announced a strategic investment in Bongo, one of the leading digital entertainment platforms in Bangladesh, reports UNB.This collaborative endeavor aims to increase the landscape of online entertainment...

Guardian Life wins two FinTech Awards

2023-08-30 00:00:00

Guardian Life Insurance, a pioneering leader in the insurance sector, has once again demonstrated its commitment to innovation and financial inclusion by clinching two prestigious awards at the 2023 Fintech Awards. The company won the 'Best Fintech Innovation of the...

Dhaka, Colombo to swap revised product lists next month

FE REPORT | 2023-08-30 00:00:00

Dhaka and Colombo are set to exchange revised lists of requested products by September to sign a proposed preferential trade agreement (PTA) shortly, with the aim of boosting bilateral trade between Bangladesh and Sri Lanka.To this effect, the 4th Trade...

India's Rahul out of Asia Cup clash with Pakistan

2023-08-30 00:00:00

NEW DELHI, Aug 29 (AFP): Wicketkeeper-batsman K.L. Rahul will miss India's opening two games of the Asia Cup, including the clash with arch-rivals Pakistan, because of injury, coach Rahul Dravid said on Tuesday.India open their campaign in the 50-over championship...

Djokovic back on top after US Open return

2023-08-30 00:00:00

NEW YORK, Aug 29 (AFP): Novak Djokovic ensured he will return to the top of tennis's world rankings with an emphatic first round victory at the US Open on Monday as women's world number one Iga Swiatek and American rival...

Liton ruled out of first match due to fever

2023-08-30 00:00:00

The Bangladesh national cricket team has encountered a significant setback just before their opening Asia Cup match against Sri Lanka, as their opener, Liton Das, has been ruled out of the first match due to fever, reports UNB.Liton has been...

Asia Cup kicks off today -

2023-08-30 00:00:00

The Asia Cup will roll on to the ground today (Wednesday) with the match between Pakistan and Nepal in Multan.Who will be the best Asian team in cricket, will be defined by this tournament. At the same time, the tournament...

M'singh, N'ganj road accidents kill two

2023-08-30 00:00:00

Two people were killed in separate road accidents in Narayanganj and Mymensingh districts on Tuesday, report agencies.In Narayanganj, an unidentified man was killed as a vehicle knocked him down in the Siddhirganj area of Narayanganj district early hours of Tuesday.Md...

'Organic fertilisers can increase crop production'

2023-08-30 00:00:00

NARSINGDI, Aug 29 (BSS): Application of organic and compost fertilisers can increase crop productions, reducing use of chemical fertilisers side by side with substantially improving soil health.Use of organic fertilisers also help maintain ecology, bio-diversity and environment and reduces the...

Magura villagers suffer as bridge collapses

OUR CORRESPONDENT | 2023-08-30 00:00:00

MAGURA, Aug 29: Villagers have been suffering a lot as a bridge over a canal in Magura sadar upazila collapsed recently.The bridge, constructed in 1988 over a canal connecting two villages Kharda Kachundi and Keshtapur under Magura sadar upazila, collapsed...