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BNP leader Khandaker Mosharraf off to Singapore for treatment

2023-06-28 00:00:00

BNP Standing Committee member Khandaker Mosharraf Hossain went to Singapore for better treatment on Tuesday. Mosharraf left Hazrat Shahjalal International Airport for Singapore on a flight of Biman Bangladesh Airlines at 8:30am, BNP media cell member Sayrul Kabir Khan told...

Polls to be held as per constitution, not BNP's outline, says Hasan

2023-06-28 00:00:00

Rejecting BNP's outline over polls-period government, Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud on Tuesday said the next general election will be held as per the constitution, reports BSS."As per the constitution, the incumbent...

CEC irked by AL candidate's absence from meeting on Dhaka-17 by-polls

2023-06-28 00:00:00

Chief Election Commissioner Kazi Habibul Awal expressed his frustration at the absence of Awami League candidate Mohammad Ali Arafat from a meeting on the upcoming Dhaka-17 parliamentary by-election, reports bdnews24.com.Awal urged the candidates to follow the code of conduct and...

BNP doesn't worry about country's welfare, its people: Quader

2023-06-28 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Tuesday said that BNP, born in the womb of dictatorship, never cares about the welfare of the country and the people, reports BSS."The non-political and evil...

Saudi cement firms may slash prices amid robust competition

2023-06-28 00:00:00

RIYADH, June 27 (Arab News): A price war between cement producers is likely to break out in Saudi Arabia's central region on the back of the giga-projects boom, according to a recent report from AlJazira Capital.Since the majority of the...

Meta launches virtual reality subscription service

2023-06-28 00:00:00

Facebook owner Meta has launched a virtual reality (VR) subscription service as it tries to make that part of its business profitable, reports BBC.Meta says paying users will get access to two new games a month.For the first three months...

Tesla on Autopilot crashes into stopped truck in Pennsylvania

2023-06-28 00:00:00

NEW YORK, June 27 (Reuters): A Tesla vehicle that was operating on its Autopilot software crashed into a stationary truck on a highway in Pennsylvania on Friday night, police said, adding to scrutiny of the automaker's driver assistance system.The Tesla...

Indictment details plan to steal Samsung secrets for Foxconn China project

2023-06-28 00:00:00

SEOUL, June 27 (Reuters): When former Samsung executive Choi Jinseog won a contract with Taiwan's Foxconn in 2018, he tapped his former employer's supplier network to steal secrets to help his new client set up a chip factory in China,...

Md Haronur Rashid Mullah poses with the Integrity Award recipients for 2022-23

2023-06-28 00:00:00

Managing Director of Titas Gas Transmission and Distribution Company Limited Md Haronur Rashid Mullah poses with the Integrity Award recipients for 2022-23 under National Integrity Strategy recently.

ICB awarded for securing the second position in evaluation of APA

2023-06-28 00:00:00

Investment Corporation of Bangladesh (ICB) has been awarded for securing the second position in the evaluation of Annual Performance Agreement (APA) among the non-bank financial institutions for the financial year of 2021-2022. Secretary of the Financial Institutions Division, Ministry of...

Fantasy Kingdom: Unforgettable Eid vacation

FE DESK | 2023-06-28 00:00:00

Fantasy Kingdom, the largest and only theme park of the country, offers a range of attractions and experiences for an unforgettable Eid-ul-Azha vacation, says a press release.The park has thrilling rides and captivating attractions, which make for immersive experiences. The...

EU urged to continue support for BD's economic growth

2023-06-28 00:00:00

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan urged the European Union (EU) to continue supporting Bangladesh in consolidating its economic growth momentum in the coming days, reports BSS.He made the call during a meeting with Charles Whiteley,...

Stocks mostly higher as investors track China, Russia news

2023-06-28 00:00:00

LONDON, June 27 (AFP): Major stock markets mostly rose Tuesday after recent losses, as China's growth reassurances helped to offset political turmoil in Russia.As investor anxiety over a global recession eased a little, haven currencies the dollar and yen pulled...

40th AGM of UCB held virtually

2023-06-28 00:00:00

United Commercial Bank PLC (UCB) held its 40th annual general meeting (AGM) virtually on Monday. The meeting was presided over by Rukhmila Zaman, chairman of the bank. In the AGM, shareholders have approved 5 per cent stock dividend and 5...

MOU signing ceremony held between MTB Privilege Banking and The Oberoi Group

2023-06-28 00:00:00

An MOU signing ceremony was held at MTB Center between MTB Privilege Banking and The Oberoi Group represented by AsiaNet Ltd. In presence of Syed Mahbubur Rahman, managing director & CEO of Mutual Trust Bank, and Asif Moyeen, MD &...

London stocks rise on China recovery optimism

2023-06-28 00:00:00

British equities rose on Tuesday as China-exposed stocks jumped after Beijing said domestic growth would be higher in the second quarter, while mining stocks rose on higher metal prices, reports Reuters.The blue-chip FTSE 100 rose 0.1 per cent, while the...

Dhaka Bank looks to issue bonds to strengthen shield against shocks

FE REPORT | 2023-06-28 00:00:00

Dhaka Bank Ltd wants to raise Tk 6 billion by issuing 4th subordinated bonds to enhance its Tier-II capital base in line with Bangladesh Bank's guidelines on risk-based capital adequacy.The decision was taken at a meeting of the board of...

Khan Brother PP Woven Bag joins the bandwagon of market-dominating junk stocks

FE REPORT | 2023-06-28 00:00:00

Khan Brother PP Woven Bag Industries has joined the drama of low performers dominating the market, while better companies are on the backstage -- forgotten. The stock price more than doubled in the two months to Monday on the Dhaka...

EU agrees deal on final leg of Basel bank capital rules

2023-06-28 00:00:00

LONDON, June 27 (Reuters): The European Union on Tuesday reached a deal to implement the final batch of tougher bank capital rules agreed internationally following the global financial crisis over a decade ago, with additions to contain risks from the...

Community Bank inks deal with Guardian Life

2023-06-28 00:00:00

Community Bank Bangladesh Limited and Guardian Life Insurance Limited signed an agreement under which Guardian Life will provide a comprehensive life and health insurance benefits to the employees of the bank and their immediate family members. Masihul Huq Chowdhury, Managing...

BRAC BANK OPENS NEW PANTHAPATH BRANCH OFFICE

2023-06-28 00:00:00

BRAC Bank has opened its Panthapath Branch at the spacious new location. Meheriar M. Hasan, Chairperson, BRAC Bank, formally inaugurated the branch at Union Heights (2nd Floor), Bir Uttam Kazi Nuruzzaman Road, West Panthapath, in Dhaka on Monday. Selim RF...

STANDARD BANK HOLDS 24TH AGM

2023-06-28 00:00:00

The 24th Annual General Meeting (AGM) of Standard Bank Limited was held on a digital platform on Monday. Kazi Akram Uddin Ahmed, Chairman of the Board of Directors of the bank, presided over the meeting where Managing Director & CEO...

Canada's inflation rate slows

2023-06-28 00:00:00

OTTAWA, June 27 (Reuters): Canada's annual inflation rate came in at 3.4 per cent in May, its slowest pace in two years, data showed on Tuesday, weakening the case for another hike next month.Analysts polled by Reuters had expected annual...

BD, French Dev Agency sign $303m credit deals for 3 crucial projects

2023-06-28 00:00:00

Bangladesh and Agence Française de Développement (AFD) or the French Development Agency have entered into credit facility agreements (CFA) for three crucial development projects involving 277 million euros (approximately USD 303 million), reports UNB.The agreements were signed by Sharifa Khan,...

Over 77pc construction work complete

2023-06-28 00:00:00

Over 77 per cent of the construction work on the third terminal at Hazrat Shahjalal International Airport in Dhaka has been completed, and it is expected to be operational next year.Chairman of the Civil Aviation Authority Bangladesh (CAAB) Air Vice...

England call up Tongue in all-pace attack for 2nd Ashes Test

2023-06-28 00:00:00

LONDON, June 27 (AFP): Seamer Josh Tongue has replaced Moeen Ali in England's team for the second Ashes Test against Australia at Lord's.Spinning all-rounder Moeen suffered a burst blister on his right index finger in the narrow two-wicket defeat in...

Denis Suarez rejoins Villarreal at end of Celta Vigo deal

2023-06-28 00:00:00

BARCELONA, June 27 (AFP): Villarreal sealed the signing of midfielder Denis Suarez from Celta Vigo on Tuesday at the end of his contract."(Suarez) will wear the yellow shirt for the next three seasons," said Villarreal in a statement, confirming his...

Britain's Liam Broady (L) shaking hands with Britain's Jan Choinski

2023-06-28 00:00:00

Britain's Liam Broady (L) shaking hands with Britain's Jan Choinski after winning their men's singles round of 32 tennis match at the Rothesay Eastbourne International tennis tournament in Eastbourne, southern England, on Tuesday — AFP

Every match is tough in World Cup: Tamim

2023-06-28 00:00:00

Tamim Iqbal, the ODI captain of Bangladesh, has expressed that the upcoming World Cup in India will pose a tough challenge for his team, as there are no easy games in such an event, reports UNB. Tamim, who is likely...

Martinique edge El Salvador, Panama win in Gold Cup

2023-06-28 00:00:00

FORT LAUDERDALE, United States, June 27 (AFP): Ten-man Martinique, sparked by nine saves from goalkeeper Yannis Clementia, held off El Salvador for a 2-1 Group C victory in the CONCACAF Gold Cup on Monday.Martinique, eliminated in the group stage in...