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State-run, loss-making sugar mills: What's the way out for retail investors?

MOHAMMAD MUFAZZAL | 2023-09-07 00:00:00

Two government sugar manufacturers' liabilities surpassed the value of their assets while the stocks on the Dhaka Stock Exchange have become tools of gamble. One of them, Shyampur Sugar Mills' net asset value per share dipped to Tk 1167.57 in...

Man found dead in Cox's Bazar river

2023-09-07 00:00:00

COX'S BAZAR, Sept 06 (UNB): A man was found dead under the bridge of Matamuhuri river in Chakaria upazila of Cox's Bazar district on Wednesday.The deceased was identified as Mahsin Bhutto (50), son of Khalilur Rahman of Chakaria municipality.

Traders pack hogplums for selling

2023-09-07 00:00:00

Traders pack hogplums for selling during the ongoing peak season stretching from mid-June to mid-September. The demand for the vitamin C-enriched fruit has increased over the time. The photo was snapped from Kawkhali upazila of Pirojpur on Wednesday — Focus...

A villager catching fish using nets from a wetland

2023-09-07 00:00:00

A villager catching fish using nets from a wetland. The picture was taken from Jangalbari village in in Karimganj upazila of Kishoreanj district on Wednesday — Focus Bangla

Trade through Hili land port halted for Janmashtami

2023-09-07 00:00:00

DINAJPUR, Sept 06 (UNB): Export-import activities between Bangladesh and India through the Hili land port in Dinajpur district was suspended since Wednesday morning due to Janmashtami, a major religious festival of the Hindu community. All activities at the land port...

Two held with 31 gold bars in Satkhira

2023-09-07 00:00:00

Members of Border Guard Bangladesh (BGB) detained two persons with 31 gold bars weighing 7.359 kilograms at the Baikari border in Satkhira on Wednesday, reports UNB.On intelligence information, an operation led by the Satkhira 33 BGB Battalion apprehended the two...

Road accidents claim five lives in two dists

2023-09-07 00:00:00

Five persons were killed in separate road accidents in Munshiganj and Savar on Wednesday, report agencies.In Munshiganj, three people were killed and 12 were injured when a speeding bus crashed into a broken-down truck on Dhaka-Mawa Expressway at Ramerkhola early...

Bangladesh wants to begin Rohingya return soon

2023-09-07 00:00:00

Bangladesh has conveyed to Myanmar that it wants to commence the repatriation of the Rohingyas to their homeland at the earliest in a safe, voluntary and sustainable manner, reports UNB.While presenting his credentials to the Chairman of the State Administration...

Caltex Lubricants partners with Avik Anwar

2023-09-07 00:00:00

Rock Energy Limited, the exclusive distributor of Caltex & Chevron Lubricants, has announced its brand partnership with Avik Anwar recently, says a press release. Mr. Anwar is one of Bangladesh's brightest talents, representing the country in motorsports on foreign terrain...

Biden to focus on World Bank reform, new funding

2023-09-07 00:00:00

WASHINGTON, Sept 6 (Reuters): US President Joe Biden will focus on reforming the World Bank and urging other multilateral development banks to boost lending for climate change and infrastructure projects during the G20 leaders summit in India, the White House...

ADB, Deutsche Bank ink deal to boost supply chain financing

2023-09-07 00:00:00

The Asian Development Bank (ADB) and Deutsche Bank signed a risk participation agreement to enhance access to financing for small and medium-sized enterprises (SMEs) in Asia and the Pacific, reports UNB.The agreement was signed between ADB's Trade and Supply Chain...

IAMCL SIGNS AGREEMENT WITH NRBC BANK

2023-09-07 00:00:00

ICB Asset Management Company Limited (IAMCL) has appointed NRBC Bank as a sales representative for 15 open-end mutual funds managed by the IAMCL. CEO of IAMCL Mahmuda Akhter and Managing Director and CEO of NRBC Bank Golam Awlia signed an...

Islami Bank holds discussion on Shari'ah Compliance

2023-09-07 00:00:00

Dhaka East, Dhaka South and Dhaka North Zones of Islami Bank Bangladesh PLC organised a discussion on 'Compliance of Shari'ah in Banking Operations' for its clients at the Islami Bank Tower on Tuesday. Dr. Muhammad Saifullah, member of the ShariÕah...

PRIME BANK SIGNS DEAL WITH STAR TECH

2023-09-07 00:00:00

Prime Bank recently signed an agreement with Star Tech Limited at the bank's head office in Dhaka. Star Tech is recognised as one of the leading computer and tech retailers in Bangladesh. Under this deal, Prime Bank credit cardholders will...

AB BANK TO PROVIDE TRAINING FOR WOMEN ENTREPRENEURS

2023-09-07 00:00:00

AB Bank Limited and Trinamul Nari Uddyakta Society (Grassroots) have signed an agreement whereby AB Bank will provide training and financing facility for women entrepreneurs. Iftekhar Enam Awal, Head of Corporate & SME of AB Bank, and Himangshu Mitra, CEO...

Sonagazi 75MW solar plant to come online in Dec

SYFUL ISLAM | 2023-09-07 00:00:00

The Sonagazi 75-megawatt solar power plant will start supplying electricity to the national grid in December, with the test run beginning this month, officials have said.They said the power plant in Feni district was initially planned for 50 MW. However,...

Messi back as 2026 World Cup qualifiers kick off

2023-09-07 00:00:00

MONTEVIDEO, Sept 06 (AFP): After a dazzling start to his career in Major League Soccer, Lionel Messi returns to international duty with Argentina this week as South America's long qualifying road to the 2026 World Cup kicks off on Thursday.Nine...

Spain women's soccer team appoints first female coach

2023-09-07 00:00:00

MADRID, Sept 06 (Agencies): Spain's soccer federation RFEF has appointed Montse Tome to succeed the fired Jorge Vilda as the women's national team coach, making her the first woman to manage the side, it said on Tuesday.The announcement that Vilda...

Australia's Abbott gets first World Cup call

2023-09-07 00:00:00

Sean Abbott has earned an opportunity to play in an ODI World Cup for the first time in his career after being picked in Australia's 15-man squad, according to Cricbuzz. Australia had already named an initial 18-member squad ahead of...

Olympic chief 'confident' for Seine swimming at 2024 Games

2023-09-07 00:00:00

VITRY-LE-FRANÇOIS, France, Sept 06 (AFP): Olympic chief Thomas Bach said Wednesday he was "confident" and "optimistic" swimming events in Paris's Seine River will go ahead at the 2024 Games despite recent cancellations due to pollution."We still have one year before...

Djokovic into record 47th Grand Slam semi-final

2023-09-07 00:00:00

NEW YORK, Sept 06 (AFP): Novak Djokovic charged into a record 47th Grand Slam semi-final on a steamy Tuesday at the US Open with a straight-sets win over Taylor Fritz, while home favourite Coco Gauff stayed on track for her...

Bangladesh start campaign with 0-2 defeat to Malaysia

2023-09-07 00:00:00

Bangladesh started their campaign in the AFC U-23 Asian Cup 2024 Qualifiers with 0-2 goal defeat to Malaysia in the opening Group H match at the Chonburi Stadium in Thailand on Wednesday afternoon, reports UNB.Bangladesh forced Malaysia to play goalless...

Kickstart study in the UK with PTE exams

GALIB HASNAT | 2023-09-07 00:00:00

The UK has been in the spotlight for Bangladeshi students looking to study abroad and immerse in diverse educational and cultural experiences. The country continues to offer incentives, scholarships, and friendlier visa policies to attract prospective students. Over 430,000 international...

What pharma industry expects from candidates

ROUNAK MARIUM | 2023-09-07 00:00:00

The pharmaceutical industry serves as a fiercely competitive professional arena, where aspiring talents and skilled candidates continuously strive to secure their positions. To discern the skills and qualities that can elevate a candidate above the rest, the writer turns to...

How to leverage our youth capital

MEHZABIN AHMED | 2023-09-07 00:00:00

When I graduated from a university in Bangladesh more than a decade ago, I didn't know how book-smart I was, but I was anything but street-smart. I not only did not know how to write a cover letter, but I...

News in Brief(2023-09-07)

2023-09-07 00:00:00

Falsehoods fuel racism ahead of Australia's Indigenous voteSYDNEY, Sept 06: "People have been let off the leash," Thomas Mayo says quietly, swiping through screenshots. Racist memes depicting First Nations Australians as "grifters", "wife beaters" and "primitives" flash across his phone....

Cancer surging among under-50s worldwide

2023-09-07 00:00:00

PARIS, Sept 06 (AFP): The number of people under 50 diagnosed with cancer has surged worldwide in the last three decades but it is not fully clear why, a study said on Wednesday.Cases of cancer among people aged 14 to...

UK will declare Russia's Wagner group a banned terrorist organisation

2023-09-07 00:00:00

LONDON, Sept 06 (AP): The U.K. announced Wednesday it will declare Russia's Wagner mercenary group a banned terrorist organization, saying it remains a threat to global security even after the death of leader Yevgeny Prigozhin.The government said an order will...

Modi uses G20 summit to advertise his global reach, court voters

2023-09-07 00:00:00

NEW DELHI, Sept 06 (AP): Major roads in New Delhi are teeming with giant posters and billboards announcing India's presidency of this week's summit of the Group of 20 nations. And one leader's picture - smiling benignly from every traffic...

'Address democracy' before membership

2023-09-07 00:00:00

ISTANBUL, Sept 06 (AFP): The European Union's enlargement commissioner told Turkey on Wednesday to address issues around democracy and the rule of law if it wants to boost its drive to join the bloc.Ankara secured a pledge from Brussels to...