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Foreigners' open letter favouring Yunus a threat to rule of law: 14-party

2023-09-01 00:00:00

Central 14-party alliance leaders considered the open letter issued by some local and foreign persons to the Prime Minister with an illegal and illogical demand to stop the ongoing trial proceedings against Dr Yunus in Bangladesh's court as a threat...

BCL holds grand rally in city today

2023-09-01 00:00:00

Bangladesh Chhatra League (BCL), the student wing of ruling Awami League (AL), will hold the biggest-ever student rally at Suhrawardy Udyan today (Friday) in memory of Father of the Nation Bangabandhu Sheikh Mujibur Raman and Bangamata Sheikh Fazilatun Nesa Mujib,...

No election sans caretaker govt, reiterates BNP

FE REPORT | 2023-09-01 00:00:00

The Bangladesh Nationalist Party (BNP) has once again reiterated that it would not participate in the next general election without a neutral caretaker government."If anybody thinks that the next election will be held under the ruling Awami League, they're just...

BNP's 45th founding anniversary today

2023-09-01 00:00:00

BNP is set to celebrate its 45th founding anniversary across the country today (Friday). On September 1, 1978, late President Ziaur Rahman founded the party with a 19-point programme to build a self-reliant Bangladesh, reports UNB. BNP and its associate...

Obaidul Quader exchanging views with journalists

2023-09-01 00:00:00

Awami League General Secretary Obaidul Quader exchanging views with journalists after visiting the rally ground at Suhrawardy Udyan in the city on Thursday — Focus Bangla

Pernod Ricard shares drop on China and US sales warning

2023-09-01 00:00:00

PARIS, Aug 31 (Reuters): Pernod Ricard warned that sales would decline in Chinese and US markets in its first quarter to Sept. 30, sending shares in the drinks group down 4 per cent on Thursday despite forecast-beating annual results.The owner...

India's Adani hits back at new 'stock manipulation' report

2023-09-01 00:00:00

NEW DELHI, Aug 31 (AFP): India's Adani Group hit back Thursday at a new report investigating alleged manipulation of the conglomerate's share prices, accusing its authors of conspiring to drive down its stocks for profit.The globe-spanning ports-to-power conglomerate saw around...

UBS begins $10b cuts, axing 3,000 jobs after Credit Suisse deal

2023-09-01 00:00:00

ZURICH, Aug 31 (Reuters): UBS Group embarked on a sweeping plan to cut more than $10 billion in costs, saying on Thursday it will axe 3,000 jobs in Switzerland alone after it took over its stricken rival Credit Suisse.The plan...

Workers stage Japan’s first strike in decades over department store sale

2023-09-01 00:00:00

TOKYO, Aug 31 (Reuters): Workers at a major Tokyo department store went on strike on Thursday after talks with management over the planned sale of their company broke down, marking the first major walk-out the country has seen in decades.Some...

Engineer AHM Mohiuddin paid rich tributes to Father of the Nation Bangabandhu

2023-09-01 00:00:00

Newly appointed Managing Director of West Zone Power Distribution Company Ltd (WZPDCL) Engineer AHM Mohiuddin paid rich tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his mausoleum at Tungipara in Gopalganj on Wednesday....

23rd AGM of Desh General Insurance held

2023-09-01 00:00:00

The 23rd annual general meeting (AGM) of Desh General Insurance Company Limited was held on a virtual platform on Wednesday. Chairman of the company Md Jashim Uddin presided over the meeting. Chief Executive Officer Mohammadi Khanom was also present on...

EC, Microcredit Regulatory Authority sign deal

2023-09-01 00:00:00

Microcredit Regulatory Authority Executive Director Muhammad Majedul Haque and Election Commission Director Mohammad Azizul Islam signed an agreement in the city on Wednesday. The primary objective of the agreement is to facilitate the verification of data stored by the Election...

EBL and Renata introduced a co-brand payroll card for Renata employees

2023-09-01 00:00:00

Eastern Bank Limited (EBL) and Renata Limited have introduced a co-brand payroll card for Renata employees. Ahmed Shaheen, additional managing director and head of corporate banking, EBL, and Syed S Kaiser Kabir, CEO and managing director of Renata Limited, officially...

Trust Bank recognised as one of the top seven banks

2023-09-01 00:00:00

Trust Bank Ltd has been recognised as one of the top seven banks in the 'Sustainability Rating 2022' by the Bangladesh Bank. Abdur Rouf Talukder, governor of Bangladesh Bank, handed over the award to Humaira Azam, managing director and CEO...

Prime Bank acknowledged by Bangladesh Bank in 'Sustainability Rating 2022'

2023-09-01 00:00:00

Prime Bank has been acknowledged by the Bangladesh Bank in 'Sustainability Rating 2022' for actively driving sustainability initiatives. Prime Bank Managing Director and CEO Hassan O Rashid received the award from Bangladesh Bank Governor Abdur Rouf Talukder at the ceremony...

Community Bank gets new DMD

2023-09-01 00:00:00

Community Bank has promoted Md Abdul Qaium Khan to Deputy Managing Director and Chief Information Officer (CIO) recently. He has been working with the bank since its inception as SEVP and Chief Information Officer (CIO). He started off his banking...

Titas Gas MD reappointed

2023-09-01 00:00:00

Md Harunur Rashid Mollah has been reappointed as the managing director of Titas Gas Transmission and Distribution Company Limited, with effect from September 29, says a press release.He will serve in this role for the next one year from the...

Zaved Akhtar new chairman of Unilever Bangladesh

2023-09-01 00:00:00

Unilever Bangladesh Limited, the country's leading Fast Moving Consumer Goods company, has appointed Mr. Zaved Akhtar as the new Chairman of the Board of Directors, effective 28 August 2023. He has been unanimously elected as the Chairman of the Board...

World shares limp toward biggest monthly drop since February

2023-09-01 00:00:00

LONDON, Aug 31 (Reuters): World shares limped towards their worst month since February, with sentiment hurt by still-gloomy China factory readings on Thursday, as traders awaited European and US data that could add to bets that interest rates have peaked.Europe's...

DSE gains marginally, with buyers chasing selective stocks

FE REPORT | 2023-09-01 00:00:00

The Dhaka bourse on Thursday closed flat following a mixed performance of major sectors.A section of investors took positions in sector specific stocks while others exerted selling pressure, which led to a marginal rise both in daily turnover and the...

Himadri, Yousuf Flour beat most of expensive stocks on main board

BABUL BARMAN | 2023-09-01 00:00:00

Two SME stocks --- Himadri and Yousuf Flour Mills -- have become second and third most expensive stocks on the Dhaka Stock Exchange (DSE) without any justified reasons. That means the money injected into the stocks would hardly have any...

Switzerland drafts tighter rules to combat money laundering

2023-09-01 00:00:00

ZURICH, Aug 31 (Reuters): Switzerland on Wednesday said it had drafted new rules to tighten perceived cracks in its money laundering regulations, holding lawyers and consultants accountable for reporting risks and stepping up oversight of legal entities, such as trusts.The...

BHBFC takes lead in APA implementation

FE DESK | 2023-09-01 00:00:00

Bangladesh House Buil-ding Finance Corporation (BHBFC), a state-owned non-banking financial institution (NBFI), has secured the first position in implementing the Annual Performance Agreement (APA) for financial year 2022-23 among all state-owned banks and NBFIs for the fourth straight time, says...

Google unveils enterprise AI tools, new AI chip

2023-09-01 00:00:00

SAN FRANCISCO, Aug 31 (Reuters): Google unveiled a swath of fresh artificial-intelligence technology and partnerships on Tuesday that were geared toward bringing more of the growing technology to large businesses.The batch of announcements from its Google Next conference in San...

Karmasangsthan Bank first among specialised banks

2023-09-01 00:00:00

Karmasangsthan Bank secured the first position among state-owned specialised banks in implementing the Annual Performance Agreement (APA) in financial year 2022-23, says a press release. In the final assessment by the Financial Institutions Division of the Ministry of Finance, the...

Sonali Bank comes first

FE DESK | 2023-09-01 00:00:00

Sonali Bank PLC has secured the first position among the state-owned commercial banks in implementing the Annual Performance Agreement (APA) in fiscal year 2022-23 for the third consecutive year, says a press release. This is announced in a memo dated...

AGRANI SME FINANCE COMPANY EARNS ACCOLADE

2023-09-01 00:00:00

Agrani SME Finance Company Limited, a non-bank financial institution, fully owned by Agrani Bank Limited, has been recognised by Bangladesh Bank as a best sustainable financial institution for 2022. Managing Director of the company Md Rafiqul Islam and Head of...

Nagad now offers movie tickets

2023-09-01 00:00:00

Nagad, a popular mobile financial service provider, has come up with an exciting offer for its customers to win tickets for 'Jawan' movie starring Bollywood superstar Shahrukh Khan by doing Add-Money transaction of Tk 2,000 or more to their Nagad...

Islami Bank names five winners of remittance campaign

2023-09-01 00:00:00

Islami Bank Bangladesh PLC announced the names of the five winners of washing machines offered by Instant Cash in the first draw of the Islami Bank-Instant Cash remittance campaign, says a press release. The winners are Jamal Mia, a client...

BD to welcome France's plan to set up satellite factory: Momen

2023-09-01 00:00:00

Foreign Minister Dr AK Abdul Momen said on Thursday Bangladesh would welcome France's proposal to set up a satellite factory in the country, reports UNB."They (France) actually proposed setting up a satellite factory back in 2021. We would welcome it,"...