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‘Made in Bangladesh’ brand getting more popular

2023-08-09 00:00:00

World-class safety standards alongside major strides in responsible and sustainable business practices and enhanced capabilities for meeting the demand for diversified products have amplified the preference of international buyers for garments made in Bangladesh, said Faruque Hassan, BGMEA President of...

Metro Spinning expects to double production capacity in 6 months with new machinery

FE REPORT | 2023-08-09 00:00:00

Metro Spinning is all set to more than double its production capacity within six months as it has finally reached the culmination of a plan to import new machinery made two years ago. In October 2021, the company, which is...

SC clears way for trial against GP

FE REPORT | 2023-08-09 00:00:00

The Appellate Division of the Supreme Court (SC) has cleared the way for the labour court concerned to continue proceedings of the 22 cases, filed against Grameenphone Limited (GP) by its 22 former employees - who were retrenched from their...

Square Pharma discloses another outsourcing deal, dragging stock up

FE REPORT | 2023-08-09 00:00:00

Square Pharmaceuticals finalised another outsourcing contract with local drug maker Euro Pharma to meet the growing demand for its products.This is the second such deal to be made by the flagship company of Square Group in less than a month....

City Bank to join the club of digital bank sponsors

FE REPORT | 2023-08-09 00:00:00

The City Bank joins the queue to invest in a digital bank by becoming a sponsor shareholder as the country looks to accelerate financial inclusion with the help of technology. In a stock exchange filing on Tuesday, the first generation...

Hyundai to launch more EVs in India

2023-08-09 00:00:00

BENGALURU, Aug 8 (Reuters): South Korea's Hyundai Motor Group said on Tuesday it plans to launch more electric vehicles (EVs) under the Hyundai and Kia brands in India, in a sign that it is betting big on the world's third-largest...

Moody's downgrades US banks, warns of possible cuts to others

2023-08-09 00:00:00

Moody's cut credit ratings of several small to mid-sized US banks on Monday and said it may downgrade some of the nation's biggest lenders, warning that the sector's credit strength will likely be tested by funding risks and weaker profitability,...

PayPal launches dollar stablecoin

2023-08-09 00:00:00

Payments giant PayPal said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers, reports Reuters.While stablecoins - crypto tokens whose monetary value is pegged to...

BIMAN HOLDS PUBLIC HEARING

2023-08-09 00:00:00

Biman Bangladesh Airlines organised a public hearing at its district sales office at Motijheel in Dhaka on Monday, aiming to improve the quality of passenger service. Biman's Director (Administration and Human Resources) Siddiqur Rahman, Director (Customer Service) Md Motiul Islam...

FSIBL TRAINING PROGRAMME

2023-08-09 00:00:00

First Security Islami Bank Ltd. has arranged a training programme on 'General banking operations' for Sylhet and Cumilla Zone officials of the bank at the FSIBL Training Institute in Dhaka. Managing Director of the bank Syed Waseque Md Ali inaugurated...

SOUTHEAST BANK DISCUSSION ON NAT'L MOURNING DAY

2023-08-09 00:00:00

As part of its month-long programmes marking the National Mourning Day 2023, Southeast Bank Limited held a virtual discussion on Tuesday to pay tribute to Father of the Nation Bangabandhu Sheikh Mujibur Rahman, Bangamata Sheikh Fazilatunnesa Mujib and all the...

40th AGM of BGMEA held

2023-08-09 00:00:00

The 40th annual general meeting of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) was held at BGMEA Complex at Uttara in the capital on Tuesday, reports BSS. BGMEA Senior Vice President SM Mannan chaired the meeting.The accounts of BGMEA for...

12 units to get Bangabandhu Industrial Award

2023-08-09 00:00:00

The government has nominated 12 industrial units for 'Bangabandhu Sheikh Mujib Industrial Award-2022' for their outstanding contribution to the industrial sector, according to a recent notification issued by the Industries Ministry, reports BSS. In the large industries category, Runner Automobiles...

'Made in Bangladesh' to be showcased in Europe

2023-08-09 00:00:00

Best of Bangladesh, the first ever 'Made in Bangladesh' show in Europe, is going to be held on September 4-5 in Amsterdam, Netherlands, reports UNB. Organised by Bangladesh Apparel Exchange (BAE) and supported by the Bangladesh Embassy in the Netherlands,...

News in Brief(2023-08-09)

2023-08-09 00:00:00

Israel security forces demolishes home of alleged Palestinian attackerRAMALLAH, Aug 08: Israeli security forces on Tuesday demolished the West Bank home of a Palestinian man accused of carrying out a deadly shooting attack earlier this year, the military said, the...

Spanish actor's son charged with murder in Thailand

2023-08-09 00:00:00

BANGKOK, Aug 08 (BBC): Renowned Spanish actor Rodolfo Sancho Aguirre's son has been charged with murder for killing and dismembering a man in Thailand. Daniel Sancho Bronchalo, 29, pleaded guilty to the murder of Edwin Arrieta Arteaga, 44, in a...

Sudan at 'risk of disease as corpses litter streets'

2023-08-09 00:00:00

CAIRO, Aug 08 (AFP): War-torn Sudan is at risk of major disease outbreaks, with thousands of unburied corpses remaining out in the open and the country's health and sanitation infrastructure destroyed, Save the Children warned Tuesday.Residents say Khartoum is littered...

Ukraine 'satisfied' with Saudi-led talks

2023-08-09 00:00:00

KYIV, Aug 08 (AFP): Ukraine on Monday said it was "satisfied" with a summit held in Saudi Arabia over the weekend on a peace settlement to end fighting, to which Moscow was not invited.Representatives from around 40 countries including China,...

Niger junta ask for help from Wagner

2023-08-09 00:00:00

NIAMEY, Aug 08 (BBC): The Niger junta has appointed the country's former finance minister, Ali Mahaman Lamine Zeine, as the country's new prime minister following the coup. Mr Zeine replaces Mahamadou Ouhoumoudou, who was in Europe during the coup.Russia's Wagner...

Myanmar solution needs 'political will': Indonesia

2023-08-09 00:00:00

JAKARTA, Aug 08 (AFP): Indonesian President Joko Widodo on Tuesday said a resolution to the Myanmar crisis that has dragged into its third year needed "political will" from all sides of the conflict, as divided Southeast Asian nations step up...

Neymar wants to leave PSG

2023-08-09 00:00:00

Paris Saint-Germain (PSG) forward Neymar has told his Qatari-owned club he wishes to leave this summer according to L'Equipe, in a development that facilitates a potential move to FC Barcelona, according to American global media Forbes.The French daily newspaper reports...

Colombia reach first quarterfinal

2023-08-09 00:00:00

MELBOURNE, Aug 08 (Reuters): A second-half goal by Catalina Usme fired Colombia to a 1-0 win over Jamaica on Tuesday and carried the South Americans to their first Women's World Cup quarter-final.The captain's 51st-minute strike sent Colombian fans into delirium...

Babar becomes 2nd in world to score 10 T20 hundreds

2023-08-09 00:00:00

Pakistan skipper Babar Azam achieved a rare feat by scoring the 10th century of his T20 career at Lanka Premier League (LPL) on Monday, becoming the second in the world to hit 10 tons in this format of the game...

France ease past Morocco to set up Australia clash

2023-08-09 00:00:00

ADELAIDE, Australia, Aug 08 (AFP): Eugenie Le Sommer scored twice as France eased to a 4-0 win over Morocco at the Women's World Cup on Tuesday and set up a quarter-final with co-hosts Australia.Morocco had upset the odds to qualify...

ICC World Cup Trophy sparks excitement among Tigers

2023-08-09 00:00:00

A radiant smile adorned Mushfiqur Rahim's face as he proudly presented the ICC World Cup trophy on a makeshift stage, exuding sheer joy, reports UNB.As part of the global tour leading up to the upcoming ICC World Cup, set to...

Captaincy conundrum persists at BCB

2023-08-09 00:00:00

The Bangladesh Cricket Board (BCB) convened an emergency board meeting on Tuesday to deliberate upon the selection of the next captain for the Bangladesh ODI team. However, the meeting concluded without a final decision being reached, reports UNB. The conundrum...

Two children die in Pabna as sand pile collapses on them

2023-08-09 00:00:00

PABNA, Aug 08 (UNB): Two children died as a sand pile collapsed on them at Jhaudia village in Pabna's Ishwardi on Monday.The dead are Himel Rana (9), son of Md Ashraful Islam of Blockpara area of the village, and Jihad...

Time-worn Teesta Railway Bridge turns vulnerable

2023-08-09 00:00:00

OUR CORRESPONDENTLalmonirhat, Aug 08: The century-old railway bridge over the Teesta River has turned vulnerable as its life expectancy expired more than two decades ago.Consequently, several hundred people have to cross the bridge daily, risking their lives.Four intercity trains including...

20 villages flooded in Feni as embankment collapses

2023-08-09 00:00:00

At least 20 villages in Phulgazi and Parshuram upazilas of Feni district have been flooded as the flood control embankment along the Muhuri River collapsed due to the onrush of water from upstream and heavy rainfall, report agencies.The local Weather...

Local residents shifting their dwelling houses to safer places

2023-08-09 00:00:00

Local residents shifting their dwelling houses to safer places as erosion by the Jamuna River has taken a severe turn at Munshiganj Bazar in Shaghata upazila of Gaibandha district. The picture was snapped on Tuesday — Focus Bangla