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Participants of different educational institutions

2023-07-25 00:00:00

Participants of different educational institutions pose with other guests at a symposium and award-giving ceremony of the 'IUB Green Genius Season 04' on the Independent University, Bangladesh (IUB) campus in the city recently, organised by the IUB Green Plant Club

US, BD share similar ideals: Haas

2023-07-25 00:00:00

US Ambassador in Bangladesh Peter Haas has said the story of Bangladeshis in the United States carries significance, reports UNB."The strength of our democracy is in our people, and the strength of our people gets full expression in our democracy,"...

Contempt petition against Hafizuddin Khan, Badiul Alam

FE REPORT | 2023-07-25 00:00:00

A contempt of court petition has been filed with the Supreme Court against Shushashoner Jonno Nagorik (Shujan) president M Hafizuddin Khan and its secretary Dr Badiul Alam Majumder for their statement demanding withdrawal of all cases filed against Jagannath University...

M Nazmul Hassan takes charge as Naval Chief

2023-07-25 00:00:00

Newly appointed Chief of Naval Staff M Nazmul Hassan took charge on Monday, reports BSS.Vice Admiral M Nazmul Hassan has replaced Rear Admiral M Shaheen Iqbal, said an ISPR press release.A ceremony was held at Naval Headquarters marking the handing-over...

Youths for use of renewable resources

DU CORRESPONDENT | 2023-07-25 00:00:00

Renewable resources should be used as an alternative to non-renewable resources, youths said.They also said that renewable resources are endless while non-renewable resources are limited. They expressed their opinion at a seminar at Muzaffar Ahmed Chowdhury Auditorium of Dhaka University...

International polls observer team due in city July 28

2023-07-25 00:00:00

A team of international election observers will visit Bangladesh on July 28, Election Monitoring Forum (EMF) said on Monday. EMF came up with the announcement while speaking at a press briefing at Jatiya Press Club. A six-member delegation comprising representatives...

Jubo League to hold peace rally July 27

2023-07-25 00:00:00

Jubo League (JL), Swechasebak League (SL) and Bangladesh Chhatra League (BCL), the associate wings of the ruling party Awami League, will jointly hold a massive peace rally in the capital on July 27 to protest against the violent activities of...

HC rebukes OC, ASI for arresting student on bail

FE REPORT | 2023-07-25 00:00:00

The High Court on Monday rebuked Patuakhali Sadar Police Station Officer-in-Charge (OC) Md Moniruzzaman and Assistant Sub-Inspector (ASI) Mizanur Rahman in connection with the arrest of college student Md Ashraful Hawlader, who was on anticipatory bail in a case. They...

Pro-BNP FFs stage six-hour hunger strike at Nayapaltan

2023-07-25 00:00:00

A group of freedom fighters staged a six-hour hunger strike on Monday in the capital to press home the opposition's one-point demand, reports UNB. The programme is also meant for mounting pressure on the government to unconditionally release BNP Chairperson...

AL out to unleash violence with counter rally: Fakhrul

FE REPORT | 2023-07-25 00:00:00

BNP secretary general Mirza Fakhrul Islam Alamgir says Jubo League's counter rally in sync with his party's grand rally on July 27 is an attempt to create violence."The ruling party evidently wants violence. If any violent incident happens, then the...

No possibility of conflict from AL side on July 27 rally: Quader

2023-07-25 00:00:00

Awami League (AL) General Secretary Obaidul Quader has said there is no possibility of conflict from the party's side during the rally on July 27, report agencies."Awami League will not instigate any violence. However, the government will ensure the safety...

Tokyo stocks end higher

2023-07-25 00:00:00

TOKYO, July 24 (AFP): Tokyo stocks ended higher on Monday after a mixed close on Wall Street, with investors shifting their focus to central bank meetings this week.The benchmark Nikkei 225 index was up 1.23 percent, or 396.69 points, to...

Beijing pushes for toning down of China risks in IPO prospectuses

2023-07-25 00:00:00

Beijing has asked law firms to tone down the language used to describe China-related business risks in Chinese companies' offshore listing documents, warning failure to do so could cost them regulatory green light for the IPOs, three people familiar with...

India's Reliance eases off record highs as Q1 profit disappoints

2023-07-25 00:00:00

BENGALURU, July 24 (Reuters): Shares of Reliance Industries, India's largest company by market capitalisation, fell nearly 3 per cent on Monday, the most in nearly two weeks, after the conglomerate posted a bigger-than-expected drop in profit late.The stock also slid...

European stocks inch to five-week high, Spain lags on election jitters

2023-07-25 00:00:00

European equities touched five-week highs on Monday as upbeat earnings and hopes that the European Central Bank is near the end of its rate-hike cycle offset losses in Spanish stocks after the country's general election yielded no clear winner, reports...

TVS Motor beats Q1 profit view on two-wheeler demand

2023-07-25 00:00:00

BENGALURU, July 24 (Reuters): India's TVS Motor reported a bigger-than-expected rise in first-quarter profit on Monday, helped by strong demand for its two-wheelers, including its flagship electric scooter.The Apache motorbike maker reported a near 46 per cent jump in profit...

Pakistan raises power tariffs under IMF deal

2023-07-25 00:00:00

Pakistan has increased its power tariffs again under an International Monetary Fund deal, Prime Minister Shehbaz Sharif said on Monday, part of moves to reduce unsustainable public debt in the power and gas sector, reports Reuters.The price rises of up...

China urges Japan not to disrupt chip industry

2023-07-25 00:00:00

BEIJING, Jul 24 (AP): China's government appealed to Japan on Monday not to disrupt the semiconductor industry after curbs on exports of Japanese chip-making technology took effect, adding to technology restrictions Washington and its allies have imposed on China on...

Premier Leasing Securities gets new chairman

2023-07-25 00:00:00

Juned Ahmed was elected the chairman of Premier Leasing Securities Limited at the 71st meeting of the company's Board of Directors held recently, says a press release.Juned Ahmed, son of late Abdur Razzaque and Razia Begum, was born in 1977....

Moin Uddin elected IFIL chairman

2023-07-25 00:00:00

KBM Moin Uddin Chisty has been elected the chairman of Islamic Finance and Investment Limited (IFIL) at the 331st meeting of the Board of Directors of the company held on Sunday, says a press release.Mr Chisty was born in a...

BRAC BANK PARTNERS WITH BAU

2023-07-25 00:00:00

BRAC Bank has entered into a partnership agreement with Bangladesh Agricultural University (BAU) to address the challenges posed by climate change in the coastal belt of southern Bangladesh. The collaboration aims to empower farmers in the region by promoting the...

Mercantile Bank Training Institute organised two-week Foundation Training

2023-07-25 00:00:00

Mercantile Bank Training Institute organised a two-week Foundation Training for its Trainee Assistant Officers (TAO) that began recently. A total of 38 officers participated in the training. Mati Ul Hasan, Additional Managing Director & CRO of the bank, inaugurated the...

Prime Bank signed agreement with Portonics

2023-07-25 00:00:00

Prime Bank has recently signed an agreement with Portonics Limited at the bank's head office in Dhaka. Portonics is one of the largest online payment aggregators in Bangladesh. Under the deal, Prime Bank internet banking user will be able to...

Australian businesses urged to invest more in Bangladesh

2023-07-25 00:00:00

BGMEA president Faruque Hassan has called on Australian investors to explore business potentials and investment opportunities available in Bangladesh, reports UNB.With a young population, growing infrastructure, and favorable business policy and climate, Bangladesh is an attractive and ideal place for...

UCB Investment named 'Best Investment Bank'

2023-07-25 00:00:00

UCB Investment Limited, a leading investment bank in Bangladesh, has received three awards for being the 'Best Investment Bank' in the country.These accolades, presented by prominent international entities namely Finance Asia, Asiamoney and Euromoney 2023 Award, serve as a testament...

Islamic Finance suffers loss of Tk 5.61m in Q2

FE REPORT | 2023-07-25 00:00:00

Islamic Finance & Investment, a publicly traded non-bank financial institution, reported a loss of Tk 5.61 million in the April-June quarter this year, attributed to an increase in provisions and profit suspense against non-performing loans. According to the company's disclosure...

DSE turnover hits three-week low as investors tread cautiously

FE REPORT | 2023-07-25 00:00:00

The Dhaka Stock Exchange (DSE) posted a three-week low turnover on Monday as many investors opted for a cautious approach when considering fresh positions in stocks.Compared to the previous day, the turnover declined by 15 per cent to Tk 6.33...

Quarterly profit of BAT Bangladesh declines despite higher revenue

FE REPORT | 2023-07-25 00:00:00

Despite earning higher gross revenue, British American Tobacco (BAT) Bangladesh experienced a marginal decline in net profit in the April-June quarter of this year due to higher production costs and increased operating expenses.The cigarette manufacturer's gross revenue rose 15 per...

Big Tech looks to turn the corner on cloud as AI focus stays strong

2023-07-25 00:00:00

US tech giants could signal an end to the nearly year-long slowdown in their cloud businesses as signs of economic resilience encourage clients to boost technology spending, while a pickup in digital ads will also aid profits, reports Reuters.Microsoft, Google-owner...

NBL BUSINESS REVIEW MEETING-

2023-07-25 00:00:00

The National Bank Limited organised a half-yearly business review meeting with the Branch managers of bank's Rajshahi region at a hotel in Rajshahi city on Saturday. Md Mehmood Husain, Managing Director & CEO of the bank, provided guidance to the...