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GPH, PARKVIEW HOSPITAL SIGN MOU

2023-08-10 00:00:00

GPH Ispat Limited and Parkview Hospital Chattogram signed a Memorandum of Understanding (MoU) on Tuesday. As per the MOU, GPH employees and their families will receive priority services from the hospital. The MoU was signed by Shobhon Mahbub Shahabuddin, Chief...

Republic Insurance chairman, vice chairman re-elected

2023-08-10 00:00:00

Mohd. Hanif Chowdhury and SM Shafiul Hoque have been re-elected chairman and vice chairman of the Republic Insurance Company Limited respectively at the 145th meeting of the company's Board of Directors recently, says a press release.Hanif Chowdhury, a renowned businessman,...

JANATA BANK HOLDS DOA MAHFIL

2023-08-10 00:00:00

Janata Bank Limited held a discussion and doa mahfil at the head office of the bank on Tuesday, marking the 93rd birth anniversary of Bangamata Sheikh Fazilatunnesa Mujib. Chairman of the bank Dr SM Mahfuzur Rahman, Managing Director and CEO...

SONALI BANK SIGNS MOU WITH NATIONAL PENSION AUTHORITY

2023-08-10 00:00:00

Sonali Bank PLC has signed a Memorandum of Understanding (MOU) with National Pension Authority to collect all types of fees, charges and monthly installment through Sonali payment gateway. Sonali Bank CEO & Managing Director Md. Afzal Karim and Executive Chairman...

United Commercial Bank PLC organised a skill development training -

2023-08-10 00:00:00

United Commercial Bank PLC organised a skill development training for agri entrepreneurs under Agri-CSR project 2023 'Voroshar Notun Janala' at Bogura Rural Development Academy Auditorium on Wednesday. Some 300 entrepreneurs from 12 upazilas of Bogura district joined the programme. Director...

Mercantile Bank organised a condolence meeting

2023-08-10 00:00:00

Mercantile Bank Limited organised a condolence meeting to commemorate the 48th martyrdom anniversary of Bangabandhu Sheikh Mujibur Rahman. The event took place during the 427th meeting of the board of directors at the bank's head office on Wednesday. Chairman of...

City Bank revises down digital bank investment to Tk 138.8m

FE REPORT | 2023-08-10 00:00:00

The City Bank Ltd has revised its investment amount in a proposed digital bank named "Digi10 Bank".The private lender said in a stock exchange filing on Wednesday that the board revised down the size of the investment from Tk 277.80...

Prime Finance dives into the red again

FE REPORT | 2023-08-10 00:00:00

Prime Finance & Investment suffered a loss of Tk 341 million in the nine months through September 2022, due to what the company claims is huge provisioning against loans and advances.The non-bank financial institution (NBFI) recorded a profit of Tk...

Why positive half-yearly earnings reports not reflected on the market?

BABUL BARMAN | 2023-08-10 00:00:00

Large-cap stocks, such as Grameenphone, British American Tobacco Bangladesh, and Robi Axiata, have failed to draw investors though they posted remarkable profit growths for the first half of this year.Almost all the top 10 large-cap stocks, including some renowned local...

Honda posts 78pc rise in Q1 profit

2023-08-10 00:00:00

TOKYO, Aug 9 (Reuters): Japan's Honda Motor reported a 78 per cent rise in quarterly profit on Wednesday, boosted by increased sales, especially in the North American market, and a weaker yen.Japan's second-biggest automaker by sales said its operating profit...

SHAHJALAL ISLAMI BANK LAUNCHES CONTACTLESS CARD SERVICE

2023-08-10 00:00:00

Shahjalal Islami Bank Limited launched contactless Debit, Credit and Prepaid cards on Wednesday, aiming to provide banking services to the customers at the fastest and safest time. The contactless cards not only provide convenience of contactless payment but also offer...

Biman, Gulf Air enter into code-share agreement

2023-08-10 00:00:00

Biman Bangladesh Airlines and Gulf Air signed a strategic code-share agreement on Wednesday, aiming to enhance travel connectivity, convenience, and accessibility for passengers travelling between Bangladesh and the Gulf region, says a press release.The signing ceremony was held virtually at...

Walton's ATS Expo begins in city today

FE REPORT | 2023-08-10 00:00:00

Bangladesh's leading electronics manufacturer Walton will host a mega industrial fair in the city from August 10 to 12.At the event, Walton will showcase its homemade machineries to catch new foreign investment and product orders.The fair titled 'International Advanced Components...

Unilever cuts prices of its products

FE REPORT | 2023-08-10 00:00:00

Unilever Bangladesh Ltd (UBL), a leading Fast Moving Consumer Goods (FMCG) company of Bangladesh, has recently brought down prices of some of its products used by families everyday.The products include soaps, shampoos and handwash. The UBL has cut the prices...

CBCCI to host trade expo in Canada

FE REPORT | 2023-08-10 00:00:00

A three-day trade and investment exposition will be held in Canada this November with an eye to promoting Bangladesh as a potential investment destination for Canadian businesses and help boost bilateral trade.The expo styled 'CBCCI Trade and Investment Expo 2023'...

Uncertainty looms over next BGMEA election

FE REPORT | 2023-08-10 00:00:00

Failure of the incumbent board of the apparel sector apex body - BGMEA -- to create ground for holding fresh election with an extended timeframe has given rise to discontent among a section of its members, insiders said. Now the...

Gold struggles for traction

2023-08-10 00:00:00

Gold prices fought for traction on Wednesday as investors stayed on the sidelines ahead of key US inflation data that could offer more cues on the Federal Reserve's stance on monetary policy, reports Reuters.Spot gold was flat at $1,924.39 per...

Tyson Foods to shut four more US chicken plants

2023-08-10 00:00:00

CHICAGO, Aug 9 (Reuters): Tyson Foods said on Monday it is closing four more US chicken plants in its latest effort to cut costs.The meat company has grappled with declining profits and struggled to improve results in its chicken business.Tyson...

Pakistan to privatise loss-making airline

2023-08-10 00:00:00

ISLAMABAD, Aug 9 (Reuters): Pakistan plans to privatise its loss-making national carrier Pakistan International Airlines, the government said on Monday, as the country also seeks to outsource its airport operations in line with an IMF deal.The privatisation decision was taken...

Oil hits new highs as tighter supply offsets China demand concern

2023-08-10 00:00:00

LONDON, Aug 9 (Reuters): Oil hit new peaks on Wednesday with Brent crude touching the highest price since April, as tighter supply owing to Saudi and Russian output cuts offset concerns over slow demand from China and a report showing...

Road crashes kill two girls in two dists

2023-08-10 00:00:00

NETRAKONA, Aug 09 (BSS): A girl was crushed under the wheels of a truck in Kurpar Masterbari area in the district town on Wednesday.The dead is Jasmine Akter Panna, hailed from Kandi village in Sadar upazila. She was a Dakhil...

Man gets death penalty for murder in Ctg

2023-08-10 00:00:00

CHITTAGONG, Aug 09 (UNB): A Chattogram court has sentenced a man to death for killing a day labourer in Chattogram six years ago.The convict is Md Hossain (29), son of Rafiqul Islam.Sixth Additional Chatto-gram Metropolitan Sessions Judge Sirajam Munira pronounced...

0.7m yaba tablets seized in Teknaf

2023-08-10 00:00:00

Members of the Bangladesh Coast Guard have seized 700,000 (0.7 million) pieces of yaba pills in Teknaf of Cox's Bazar, reports UNB.Lt Commander Abdur Rahman, media officer of the Coast Guard Headqu-arters, said this on Wednesday afternoon.On a tip-off that...

Composite farming brings smile to Rajshahi fish cultivators

2023-08-10 00:00:00

RAJSHAHI, Aug 09 (BSS): Composite farming of fish with poultry birds, vegetables and fruits has become a boon for many people in the region contributing a lot towards meeting the gradually increasing demands for animal protein and other nutrition. Gradual...

Bitter gourd field damaged

2023-08-10 00:00:00

The photo taken on Wednesday from Kumirmara village in Patuakhali's Kalapara upazila shows a large bitter gourd field damaged by a five-day torrential rain, causing huge loss to farmers — Focus Bangla

Habiganj road damaged within four months of construction

OUR CORRESPONDENT | 2023-08-10 00:00:00

SYLHET. Aug 09: A road from Ajmiriganj upazila headquarters to Bodolpur in Habiganj district has got badly damaged within four months after completion of the construction work. Part of the newly-constructed road also caved in due to heavy rains.Locals criticised...

India cricket board makes $1.5b surplus in five years

2023-08-10 00:00:00

NEW DELHI, Aug 09 (AFP): India's cricket board earned a surplus of around $1.5 billion in the five years to 2021-22, the country's parliament heard during a rare look into the sporting body's finances.The Board of Control for Cricket in...

Saudi spending no one-off, says top league official

2023-08-10 00:00:00

The vast sums invested to entice some of the world's top players to Saudi Arabia this season is no one-off, but part of a long-term strategy to make the Saudi Pro League one of the best in the world, its...

It's Women's World Cup, so where are woman coaches?

2023-08-10 00:00:00

AUCKLAND, Aug 09 (AFP): The World Cup in Australia and New Zealand has showcased the strides made in women's football on the field in recent years -- while exposing the lack of woman coaches at all levels of the sport.As...

Ashraf recalled to Pak squad for Afghan series, Asia Cup

2023-08-10 00:00:00

LAHORE, Pakistan, Aug 09 (AFP): Allrounder Faheem Ashraf has been recalled to a strong Pakistan squad for the three-match series against Afghanistan and subsequent Asia Cup, selectors announced Wednesday.The 29-year-old played the last of his 31 one-day internationals in England...