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709 killed in workplace accidents, 301 faced atrocities in 2023

2024-01-01 00:00:00

FE REPORTA total of 709 workers were killed and 482 were injured in workplace accidents in 2023, according to a survey titled "Newspaper based BILS survey on labour and workplace situations in Bangladesh-2023," The BILS survey also revealed that in...

Five hurt in clash over death of domestic help in city

2024-01-01 00:00:00

Five police personnel were injured and three vehicles were torched during a clash between police and locals after a domestic help found dead in front of a building at Banasree's D Block in the city on Sunday, reports UNB.Rampura police...

Downstream countries pay the price for pollution in marine areas

FE REPORT | 2024-01-01 00:00:00

Downstream countries like Bangladesh have to bear the brunt of continuous pollution in the adjacent marine areas, speakers observed at a workshop.Bangladesh is not on the top list of plastic producing and consuming countries but it is on the top...

Lieutenant General Waker-Uz-Zaman made CGS of Army

2024-01-01 00:00:00

Principal Staff Officer of the Armed Forces Division (AFD) Lieutenant General Waker-Uz-Zaman has been made new Chief of General Staff (CGS) of Bangladesh Army, reports UNB.He replaced Ataul Hakim Sarwar Hasan, who retired as a Lieutenant General of Bangladesh Army.At...

US overnight funding rate hits record high

2024-01-01 00:00:00

NEW YORK, Dec 31 (Reuters): A gauge measuring the borrowing costs on loans between banks and other participants in the US repurchase agreement (repo) market hit its highest level since it was launched about five years ago, New York Federal...

Maersk halts Red Sea sailing after attack on container ship

2024-01-01 00:00:00

COPENHAGEN/DUBAI, Dec 31 (Reuters): Iranian-backed Houthi militants attacked a Maersk container vessel with missiles and small boats, prompting the company to pause all sailing through the Red Sea for 48 hours, Maersk said on Sunday.The crew of the Maersk Hangzhou...

Best Buy awards winners of drawing contest

2024-01-01 00:00:00

Best Buy, a popular retail chain of RFL Group, has awarded the winners of 'Ako Bijoyer Anando', an art competition organised on the occasion of the Victory Day. The grand finale of the competition was held on the Gulshan Youth...

Tamijuddin Textile Mills Limited approved 20 per cent cash dividend for general shareholders, except sponsors

2024-01-01 00:00:00

TAMIJUDDIN TEXTILE AGM APPROVES 20PC CASH DIVIDENDTamijuddin Textile Mills Limited approved 20 per cent cash dividend for general shareholders, except sponsors and directors, at its 40th Annual General Meeting held on a digital platform on Sunday. Chairman, managing director, directors...

Nurul Azim promoted to AMD at SBAC Bank

2024-01-01 00:00:00

Md Nurul Azim has been promoted to Additional Managing Director (AMD) of South Bangla Agriculture and Commerce Bank (SBAC) Limited with effect from January 1, says a statement. Prior to his new assignment, Mr. Azim was the Deputy Managing Director...

The 16th Annual General Meeting of Energyprima Limited (EPL) was held at its HFO-based Power Plant at

2024-01-01 00:00:00

AGM OF ENERGYPRIMA LIMITED HELD The 16th Annual General Meeting of Energyprima Limited (EPL) was held at its HFO-based Power Plant at Begumganj in Noakhali recently. The meeting was presided over by Dr Kamaluddin Ahmed, a shareholder of the company....

Prime Bank PLC has recently signed a 'Prime Payroll' agreement with SQ Group, a leading apparel

2024-01-01 00:00:00

PRIME BANK PARTNERS WITH SQ GROUP Prime Bank PLC has recently signed a 'Prime Payroll' agreement with SQ Group, a leading apparel manufacturing companies in Bangladesh. Under the payroll agreement, the employees of SQ Group will be eligible for privileged...

Telecom sector thrives amid challenges

Ismail Hossain | 2024-01-01 00:00:00

Mobile telecom network expanded significantly in the outgoing year 2023 as well as leapfrogged to transforming from mere mobile network operators (MNOs) to telco-tech or digital service provider in comparison to the previous year.Despite the challenging macro-economic situation, currency devaluation,...

Global equity funds draw robust inflows on rate cut hopes

2024-01-01 00:00:00

Global equity funds attracted substantial inflows in the week through Dec. 27 as data showed US inflation cooled further in November, cementing expectations that the Federal Reserve would cut interest rates in March next year, reports Reuters.The MSCI All-World index...

Indian shares, bonds seen rallying in 2024 on continued foreign inflows

2024-01-01 00:00:00

MUMBAI, Dec 31 (Reuters): The bull-run in Indian financial markets is likely to continue in 2024 as foreign interest remains robust, with heavy buying expected in both equity and debt markets, several analysts and industry watchers said.India's inclusion in the...

Two sub-branches of National Bank Limited in the Chittagong region officially started their journey recently.

2024-01-01 00:00:00

Two sub-branches of National Bank Limited in the Chittagong region officially started their journey recently. The two sub-branches are 'Bonorupa' under the Rangamati Branch and 'Bandartila' under the Agrabad Branch. Prabir Kumar Bhowmik, SVP & NBL regional head of Chittagong,...

Ali Reza Iftekhar, managing director and CEO of Eastern Bank (EBL), and Farzanah Chowdhury, managing

2024-01-01 00:00:00

Ali Reza Iftekhar, managing director and CEO of Eastern Bank (EBL), and Farzanah Chowdhury, managing director and CEO of Green Delta Insurance Company, signed a bancassurance agreement at the bank's head office in the capital on Sunday. Wafi Shafique Menhaz...

Islami Bank achieves strongest Islamic retail banking award

2024-01-01 00:00:00

FE DeskIslami Bank Bangladesh achieved 'The Strongest Islamic Retail Bank in Bangladesh 2023' award conferred by UK-based Cambridge IFA, according to a statement. Professor Humayon Dar, founder of Islamic retail banking awards, formally declared the award recently. The accolade was...

MTB Foundation, as part of its corporate social responsibility (CSR) initiatives, has recently handed over

2024-01-01 00:00:00

MTB Foundation, as part of its corporate social responsibility (CSR) initiatives, has recently handed over blankets to Cadet College Club Limited (CCCL) for distribution among the poor. Rashed Ahmed Chowdhury, director and chairman of MTB Board Risk Management Committee (BRMC)...

DSE gives nod to six back-office software vendors

2024-01-01 00:00:00

The Dhaka Stock Exchange (DSE) has awarded certificates of enlistment to six back-office software vendors, according to a press release, bringing much-needed accountability and transparency to the Bangladeshi capital market. The ceremony, held at the DSE Tower, saw the presence...

Block board kept DSE turnover inflated in 2023

Mohammad Mufazzal | 2024-01-01 00:00:00

The block board contributed more than 10 per cent to the annual market turnover featured by the Dhaka bourse in 2023, as it offered the scope of offloading shares at lower than floor prices.The Dhaka Stock Exchange (DSE) posted a...

The allure of fixed-income mutual funds to investors in 2024

Farhan Fardaus | 2024-01-01 00:00:00

Fixed-income mutual funds have the potential to become a preferable and smart investment tool now, with the advantage of the rising interest rates and floor price frustrating investors over equity investments. A handful of open-ended mutual funds are designed to...

Two bees sucking nectar from a flower at a blooming mustard field. The photo was taken from Shorugram

2024-01-01 00:00:00

Two bees sucking nectar from a flower at a blooming mustard field. The photo was taken from Shorugram village in Dhunat upazila of Bogura district — Focus Bangla

Two brothers killed over land dispute in Magura

2024-01-01 00:00:00

MAGURA, Dec 31 (UNB): Miscreants killed two brothers allegedly over land dispute in Mohammadpur upazila of Magura district on Saturday night, said police.The deceased were identified as Sabur Ali, 30, and his younger brother Hridoy Ali, sons of Manjur Ali...

Tourists flock to Cox's Bazar on New Year's Eve

OUR CORRESPONDENT | 2024-01-01 00:00:00

COX'S BAZAR, Dec 31: Hundreds of thousands of tourists are thronging Cox's Bazar sea beach to welcome the New Year-2024 through merrymaking in different ways. Many visit the world's longest sea beach this time to share joys with their loved...

Tigers end 2023 with a T20 defeat

2024-01-01 00:00:00

MOUNT MAUNGANUI, New Zealand, Dec 31 (Agencies): Bangladesh bowed out of 2023 with a 17-run loss (via D/L method) to New Zealand in the final T20 of the series in Mount Maunganui.Bangladesh won the first match of the series in...

Nadal loses comeback doubles match in Brisbane

2024-01-01 00:00:00

BRISBANE, Australia, Dec 31 (AFP): Spanish superstar Rafael Nadal's first match back after a 12-month injury layoff ended in defeat when he and doubles partner Marc Lopez went down to Australian pair Jordan Thompson and Max Purcell on Sunday.The Australian...

BD head coach endorses Shanto for long-term captaincy

2024-01-01 00:00:00

Bangladesh head coach Chandika Hathurusingha said on Sunday that stand-in skipper Najmul Hossain Shanto had given enough evidence to take up the leadership role on a long-term basis, according to Cricbuzz. Under his captaincy, Bangladesh earned their maiden ODI and...

Warner set for Sydney farewell as Australia name unchanged squad

2024-01-01 00:00:00

David Warner has been given the hometown farewell from Test cricket he craved after the opening batsman was named in an unchanged Australia line-up for the third and final Test against Pakistan in Sydney next week (January 03), reports Reuters.Warner...

US Navy helicopters destroy Houthi boats in Red Sea

2024-01-01 00:00:00

NEW YORK, Dec 31 (BBC): The US Navy has destroyed Houthi "small boats" attempting to board a container ship in the Red Sea. Four vessels from Houthi-controlled areas in Yemen fired upon the Maersk Hangzhou and got to within metres...

Ties with Moscow became stronger in 2023: Xi

2024-01-01 00:00:00

BEIJING, Dec 31 (AFP): Chinese President Xi Jinping on Sunday said the foundation of Sino-Russian ties had grown stronger in 2023, as he exchanged New Year greetings with his counterpart Vladimir Putin, state media reported.Beijing and Moscow are staunch allies...