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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...

News in Brief(2023-08-30)

2023-08-30 00:00:00

Putin won't attend Prigozhin funeralMOSCOW, Aug 29: Russian President Vladimir Putin has no plans to attend the funeral of Wagner mercenary group leader Yevgeny Prigozhin, Kremlin spokesman Dmitry Peskov said on Tuesday. He told reporters the Kremlin did not know...

India sets Sept 2 for mission launch to study sun

2023-08-30 00:00:00

BENGALURU, Aug 29 (Reuters): India's first space-based observatory to study the sun will be launched on Sept. 2, the country's space agency said on Monday.The announcement, in a post on messaging platform X, formerly known as Twitter, comes days after...

Anti-govt protests in S Syria continue

2023-08-30 00:00:00

BEIRUT, Aug 29 (AP): Anti-government protests in southern Syria have stretched into a second week, with demonstrators waving the colorful flag of the minority Druze community, burning banners of President Bashar Assad's government and at one point raiding several offices...

His candidacy will split opposition votes

2023-08-30 00:00:00

TAIPEI, Aug 29 (BBC): Terry Gou, a 72-year-old billionaire and founder of iPhone maker Foxconn, has become the latest to join the race for Taiwan's presidency. Mr Gou is a charismatic businessman with a great rags-to-riches story, pots of cash,...

Judge sets Mar 4 for Trump trial

2023-08-30 00:00:00

WASHINGTON, Aug 29 (AFP): A judge on Monday set March 4, 2024 for former president Donald Trump's election subversion conspiracy trial-placing one of the biggest criminal cases in American history at the height of the next White House race.The date-a...

A trip to monsoon tourist heaven, Sreemangal

ZANJABIL MASHKURA | 2023-08-30 00:00:00

Bangladesh is a land of artistic beauty and enchanting sights, capable of alluring anyone who visits to release their exhaustion. The small city of Sreemangal in the Moulvibazar district in Sylhet division is one such destination in Bangladesh. Tourists consider...

Petting birds: our beloved feathery friends

ADIBA ISFARA | 2023-08-30 00:00:00

In the whirlwind of city living, where the hustle and bustle can sometimes be overwhelming, finding moments of serenity becomes essential for our well-being. Enter the world of pet birds - your feathered friends that promise to bring harmony, companionship,...

Gold subdued as dollar firms -

2023-08-30 00:00:00

Gold inched lower on Tuesday on a stronger dollar, although prices were stuck in a narrow range as investors looked forward to a series of US economic data this week for more clues on the Federal Reserve's interest rate path,...

US fines American Airlines for keeping passengers on tarmac

2023-08-30 00:00:00

The United States Transportation Department (USDOT) on Monday fined American Airlines $4.1 million for unlawfully keeping thousands of passengers on the tarmac for hours, the largest-ever penalty for violating the rule, reports Reuters.Of the $4.1 million assessed, $2.05 million will...

Oil steadies as supply concerns counter economic jitters

2023-08-30 00:00:00

LONDON, Aug 29 (Reuters): Oil prices were little changed on Tuesday as investors weighed supply concerns from a hurricane hurtling towards the US Gulf Coast against the enduring possibility of demand being dented by another increase to US interest rates.Brent...

Importance of vitamin D for dengue patients

2023-08-30 00:00:00

Bangladesh has already seen the highest number of dengue infections and deaths this year. This contagious disease is giving people nightmarish time. It is wreaking havoc not only in Dhaka city but also in other places of the country including...

Following earthquake-resistant building code

2023-08-30 00:00:00

Earthquake is such a natural disaster that cannot be predicted. It can happen in a second. If it is powerful, there is no escape from its destruction. Bangladesh is highly vulnerable to earthquakes. So, preparations for minimising the damage must...

Volatility of rice market on horizon!

Syed Mansur Hashim | 2023-08-30 00:00:00

As if things weren't hard enough for the average consumer in the retail market for staples, there are indications that the prices of rice may go up further. This comes against the backdrop of imposition of 20 per cent duty...

Nurturing growth of light engineering

Wasi Ahmed | 2023-08-30 00:00:00

Of the few prospective manufacturing sectors to emerge in the past two-three decades, light engineering stands out. Given the many hurdles this sector -- comprising a cluster of sub-sectors -- has to grapple with, its progress is quite impressive. At...