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A Group Life and Health Takaful agreement was signed between Bengal Islami Life Insurance Limited and JCX

2023-12-29 00:00:00

Bengal Islami Life signs agreement with JCX DevelopmentA Group Life and Health Takaful agreement was signed between Bengal Islami Life Insurance Limited and JCX Development Limited at the head office of JCX Development in the city on Thursday. Managing Director...

Janata Bank PLC has received the South Asian Federation of Accountants (SAFA) Award-2022 for publishing

2023-12-29 00:00:00

Janata Bank receives SAFA International AwardJanata Bank PLC has received the South Asian Federation of Accountants (SAFA) Award-2022 for publishing the best financial report in the public sector bank category. Janata Bank PLC MD & CEO Md. Abdul Jabbar received...

ACI Formulations Ltd approves 25pc cash dividend

2023-12-29 00:00:00

ACI Formulations Limited approved a 25 per cent cash dividend for the shareholders, said a press release. The approval came at the 27th annual general meeting (AGM) of the company on a digital platform on Thursday.M Anis Ud Dowla, Chairman...

ICSB organises CPD seminar

2023-12-29 00:00:00

The Institute of Chartered Secretaries of Bangladesh (ICSB) organised a Continuing Professional Development (CPD) programme titled "Bangladesh Secretarial Standards (BSS): Essential Tools for Strengthening Corporate Governance" at the Samson H Chowdhury Centre, Dhaka Club Limited on Wednesday, said a press...

Biggest two-month rally in decades rescues beaten-up bond markets

2023-12-29 00:00:00

LONDON, Dec 28 (Reuters): A huge two-month rally in bond prices, powered by expectations that central banks will soon be cutting interest rates, has rescued fixed income markets from an almost unheard-of third straight year of declines.The US 10-year Treasury...

Adani Ports receives ratings for planned bond issue

2023-12-29 00:00:00

MUMBAI, Dec 28 (Reuters): India's largest private port operator Adani Ports and Special Economic Zone has moved one step closer to returning to the corporate bond market, as it has received ratings earlier this week for a planned debt issue.Rating...

NCC Bank distributed blankets among the cold-stricken people as a part of the bank's corporate social

2023-12-29 00:00:00

NCC Bank distributed blankets among the cold-stricken people as a part of the bank's corporate social responsibility. Chairman of the bank Md Abul Bashar inaugurated the blanket distribution in the city recently. Managing Director and CEO (Current Charge) M Shamsul...

Modhumoti Bank Limited donated Tk 0.2 million to Raz Textile High School at Abhaynagar upazila in Jashore

2023-12-29 00:00:00

Modhumoti Bank Limited donated Tk 0.2 million to Raz Textile High School at Abhaynagar upazila in Jashore under the bank's CSR programme on Thursday. Md Shafiul Azam, managing director and CEO of Modhumoti Bank, handed over the cheque to Mohammad...

Mutual Trust Bank (MTB) has signed an agreement for cash management services with Envoy Textiles Ltd and

2023-12-29 00:00:00

Mutual Trust Bank (MTB) has signed an agreement for cash management services with Envoy Textiles Ltd and Sheltech Ceramics Ltd recently at the bank's corporate head office in the city. Md Khalid Mahmood Khan, additional managing director and chief business...

The Premier Bank has won the 'Bilateral Business Excellence Award' from The Bangladesh-China Chamber of

2023-12-29 00:00:00

The Premier Bank has won the 'Bilateral Business Excellence Award' from The Bangladesh-China Chamber of Commerce & Industry (BCCCI) & China Enterprise Association Bangladesh (CEAB) jointly. At a city hotel recently, M Reazul Karim, managing director and CEO of Premier...

DBH Finance, Dutch Bangla Bank to issue bonds

FE REPORT | 2023-12-29 00:00:00

DBH Finance will raise Tk 3.5 billion by issuing bonds with a view to providing home loans for middle- and lower-income people.The Bangladesh Securities and Exchange Commission (BSEC) on Thursday approved the company's proposal for issuance of bonds.As per the...

Investors navigate another year of challenges and uncertainty

BABUL BARMAN | 2023-12-29 00:00:00

The stock market passed yet another gloomy year as the prevailing 'floor price' restrictions rendered the entire market illiquid and shattered investor confidence amid ongoing economic challenges.The bleak market conditions were exacerbated by the deterioration of macroeconomic indicators, driven by...

UAE unveils governance overhaul to boost family businesses

2023-12-29 00:00:00

RIYADH, Dec 28 (Arab News): Family businesses in the UAE are poised for a boost as the Ministry of Economy introduces a unified registry and implements four new cabinet resolutions to enhance governance and competitiveness. The initiative also aims to...

Argentines protest Milei's economic reforms

2023-12-29 00:00:00

BUENOS AIRES, Dec 28 (AFP): Thousands of Argentines took to the streets of Buenos Aires on Wednesday, clashing with police as they protested a decree of sweeping economic reform and deregulation published by President Javier Milei.Marching at the behest of...

The 371st meeting of the board of directors of Shahjalal Islami Bank PLC was held at the corporate head

2023-12-29 00:00:00

Shahjalal Islami Bank's 371st board meeting held The 371st meeting of the board of directors of Shahjalal Islami Bank PLC was held at the corporate head office of the bank in the city on Dec 27. The meeting was presided...

National Bank Ltd forms three separate committees

FE REPORT | 2023-12-29 00:00:00

The recently formed board of directors of National Bank Limited in its first meeting made three separate committees as part of the revival of the first generation bank.The bank in a press release issued on Thursday stated that the formation...

AGM of GPH Ispat approves 10pc dividend

2023-12-29 00:00:00

OUR CORRESPONDENTCHATTOGRAM, Dec 28: The 17th Annual General Meeting of GPH Ispat Limited held on Thursday on a digital platform approved a 10 per cent dividend -- 5.0 per cent cash dividend for general shareholders and 5.0 per cent stock...

CCCI holds annual general meeting

OUR CORRESPONDENT | 2023-12-29 00:00:00

CHATTOGRAM, Dec 28: The Annual General Meeting (AGM) of Chittagong Chamber of Commerce and Industry (CCCI) was held at the World Trade Centre (WTC) in the port city on Thursday.The Chamber approved the annual budget and took some important decisions...

As a part of social responsibility shariah-based Union Bank PLC donated Tk 2.5 million to an institute of

2023-12-29 00:00:00

Union Bank donation to institute of special education 'Proyash'As a part of social responsibility shariah-based Union Bank PLC donated Tk 2.5 million to an institute of education 'Proyash', for children with special needs under the supervision of the Bangladesh Army....

BD leads with 24 new LEED green RMG factories in 2023

2023-12-29 00:00:00

In 2023, Bangladesh's readymade garment (RMG) industry marked a significant stride in sustainable fashion, with 24 of its factories achieving LEED certification, reports UNB.LEED (Leadership in Energy and Environmental Design), the globally recognized green building rating system, underscores a commitment...

Four killed as tourist bus collides with pickup van in Cox’s Bazar

2023-12-29 00:00:00

Four people have been killed and four others injured after a head-on collision between a tourist bus and a pickup van in Cox's Bazar's Chakaria upazila, reports bdnews24.com.The incident took place on the Chattogram-Cox's Bazar highway in north Harbang's Kalabagan...

Two held with heroin in C'nawabganj

2023-12-29 00:00:00

CHAPAINAWABGANJ, Dec 28 (BSS): Rapid Action Battalion (RAB) arrested two ‘drug peddlers’ with 100 grams of heroin from Godagari in Rajshahi on Thursday.The arrestees are Md. Mizanur Rahman (22) of Diar Manikchak village under Ashariadah union and Md.Yusuf Ali (35)...

Probe body formed over death in Habiganj police custody

2023-12-29 00:00:00

HABIGANJ, Dec 28 (UNB): A three-member probe committee has been formed over the death of Golam Rabbani, an accused in a theft case, who died at Baniachong thana in Habiganj on Tuesday.Habiganj Additional Superinten-dent of Police (admin and finance) Hasibul...

Allegation of HSC results rigging comes up

2023-12-29 00:00:00

OUR CORRESPONDENTCHATTOGRAM, Dec 28: A result-tampering allegation against a high official of the Chattogram Board of Secondary and Higher Secondary Education has given birth to controversy.Accusations have been levelled against Narayan Chandra Nath, former controller of examinations and incumbent secretary...

Construction work of MA Wadud Bridge drags on for seven years

OUR CORRESPONDENT | 2023-12-29 00:00:00

CHANDPUR, Dec 24: The authorities could not build the bridge linking Chandpur Sadar to Faridganj upazila over the Dakatia River at Chhoto Shoondar village in Rampur union of Chandpur Sadar even after long seven years. The foundation stone for the...

US announces new weapons package for Ukraine

2023-12-29 00:00:00

WASHINGTON, Dec 28 (AP): The U.S. on Wednesday announced what officials say could be the final package of military aid to Ukraine unless Congress approves supplemental funding legislation that is stalled on Capitol Hill.The weapons, worth up to $250 million,...

Israel warns Lebanon over border fighting

2023-12-29 00:00:00

GAZA, Dec 28 (AP/BBC/AFP): Israel's military will act to remove Hezbollah from the border with Lebanon if its attacks continue, an Israeli minister has warned. Benny Gantz said the military would intervene if militants do not stop firing on northern...

US allies reluctant on Red Sea task force

2023-12-29 00:00:00

NEW YORK, Dec 28 (Reuters):US President Joe Biden hoped to present a firm international response to Yemen's Houthi attacks on Red Sea shipping by launching a new maritime force, but a week after its launch many allies don't want to...

EC to take action against anti-poll activities: Hasan

2023-12-29 00:00:00

Information and Broadcasting Minister and Awami League (AL) Joint General Secretary Dr Hasan Mahmud on Thursday hoped that the Election Commission (EC) would take actions against the persons who are involved in anti-poll activities, reports BSS."The Election Commission has announced...

Judgment in graft case against Mirza Abbas on Jan 24

2023-12-29 00:00:00

A court in the city on Thursday set January 24 for pronouncing judgment in a case filed against BNP standing committee member Mirza Abbas for amassing illegal wealth and concealing the information, reports BSS.Judge Manjurul Imam of Dhaka Special Judge...