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JU IBA, C & C-1 units' admission tests held

JU CORRESPONDENT | 2023-06-19 00:00:00

The admission tests for honours courses at Jahangirnagar University under the academic session 2022-23 were held on Sunday. The tests include entrance examinations of the Institute of Business Studies (IBA-JU), 'C-1' unit under the Department of Fine Arts and the...

BD logs 230 Covid cases, two deaths

2023-06-19 00:00:00

Bangladesh has recorded 230 new cases of COVID-19 in a day, taking the overall tally of infections to 2,041,470, reports benews24.com.The death toll from the disease rose by two to 29,457 over a 24-hour period, according to the latest government...

HC seeks list of country's top drug dealers

FE REPORT | 2023-06-19 00:00:00

The High Court on Sunday directed the Department of Narcotics Control to submit the list of the top drug dealers of the country, including their names and addresses within one month after receiving the HC order. The High Court (HC)...

37th founding anniversary of the Special Security Force

2023-06-19 00:00:00

Prime Minister Sheikh Hasina cutting a cake at her office, marking the 37th founding anniversary of the Special Security Force (SSF) on Sunday — PID

Nomination papers of Hero Alam, seven others scraped

2023-06-19 00:00:00

The Election Commission on Sunday cancelled the nomination papers of Ashraful Hossain Alam alias Hero Alam and seven others for the Dhaka-17 by-election, reports UNB.Returning Officer Md Munir Hossain Khan announced this after scrutinising nomination papers at the Election Training...

BCL activist shot dead in Ishwardi

2023-06-19 00:00:00

ISHWARDI, June 18 (UNB): An activist of Bangladesh Chhatra League (BCL) was shot dead by unidentified miscreants in Pabna's Iswardi on Saturday.The incident took place at the MP intersection in Lokkhikunda union under Ishwardi upazila around 11 pm last night.The...

We are ready to sacrifice anything for country's sake: GM Quader

2023-06-19 00:00:00

Declaring Bangladesh is now in dire straits, Jatiya Party chairman Ghulam Muhammad Quader has said that they are ready to sacrifice anything for the sake of the country and its people, reports UNB. Bangladesh is now on the edge of...

Foreigners call us to talk, we don’t go on our own: Fakhrul

FE REPORT | 2023-06-19 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Sunday said that they did not go to the foreigners rather they (foreigners) came to them (BNP) to know about the situation in the country.He came up with the assertion while unwrapping...

BNP goes to US embassy to lodge complaints: Quader

2023-06-19 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Sunday said BNP leaders wake up in the morning and go to the US embassy (in Dhaka) to lodge complaints against the government and the country, reports BSS."BNP leaders wake up in...

Coffee research group progresses on naturally decaffeinated varieties

2023-06-19 00:00:00

A Brazilian coffee research institute has started a decisive stage in a two-decade project to develop arabica coffee varieties that are naturally decaffeinated, a development the researchers think could have significant commercial potential, reports Reuters. The programme is being developed...

Delta Life Insurance Company organised a conference titled "Women Employee Conference-2023"

2023-06-19 00:00:00

Delta Life Insurance Company Limited organised a conference titled "Women Employee Conference-2023" at the auditorium of Institutions of Diploma Engineers Bangladesh (IDEB) in Dhaka on Saturday. Chairman of Insurance Development & Regulatory Authority (IDRA) Mohammad Jainul Bari attended the conference...

Microsoft says early June service outages were cyberattacks

2023-06-19 00:00:00

Microsoft said on Friday that the outages that affected certain services of the company through some of the earlier days of this month were the result of cyberattacks, but said it saw no evidence of any customer data being accessed...

Nikkei clinches fresh three-decade high as Bank of Japan stands pat

2023-06-19 00:00:00

Japan's Nikkei notched a fresh three-decade high and its 10th consecutive weekly gain on Friday, as investors cheered the central bank leaving its ultra-easy policy settings unchanged, reports Reuters.The Bank of Japan (BOJ) kept intact its pledge to "patiently" maintain...

UK's FTSE 100 logs weekly gains on defensive boost

2023-06-19 00:00:00

UK's FTSE 100 climbed on Friday, with defensive stocks such as utilities and healthcare leading the charge, while top building materials supplier Travis Perkins slumped after a profit warning, reports Reuters.The internationally-focused FTSE 100 gained 0.2 per cent, posting a...

Investor skepticism turns to optimism as US stock rally rolls on

2023-06-19 00:00:00

NEW YORK, June 18 (Reuters): A few months ago, most investors feared having too much exposure to equities. Now many are worried they may not have enough.The 15 per cent year-to-date rally in the S&P 500 is pulling once doubtful...

Fear of missing out on stocks' rally drives bullish options trading

2023-06-19 00:00:00

NEW YORK, June 18 (Reuters): Fear of missing out on the recent stock market rally is driving traders in the U.S. equity options market to lap up bullish derivative contracts at a hectic pace, further fueling gains for stocks, analysts...

Green Delta Insurance and United Aygaz LPG signed agreement

2023-06-19 00:00:00

Green Delta Insurance and United Aygaz LPG Ltd have recently signed an agreement. Additional Managing Director of Green Delta Insurance Syed Moinuddin Ahmed and CEO of United Aygaz LPG Ltd Ahmet Ercüment Polat signed the agreement. Through this partnership, Green...

Modhumoti Bank organised a workshop

2023-06-19 00:00:00

Modhumoti Bank Limited organised a workshop on 'Prevention of Trade Based Money Laundering (TBML) & Credit backed Money Laundering (CBML)' at its training centre in the capital on Saturday. Arab Fazlur Rahman, deputy managing director and chief anti-money laundering compliance...

EXIM Bank held a special business meeting

2023-06-19 00:00:00

EXIM Bank held a special business meeting at its head office on Saturday. EXIM Bank Chairman Md Nazrul Islam Mazumder was present as the chief guest, while Managing Director and CEO Mohammad Feroz Hossain presided it over.

Bajaj motorcycles service camp and fair begins

2023-06-19 00:00:00

Uttara Motors, the sole distributor of Bajaj motorcycles in Bangladesh, organised a five-day 'Bajaj Motorcycle Free Service Camp and Fair' that began on Saturday at Uttara Motors Service Centre at Tejgaon, Begunbari, in Dhaka. This service camp will continue until...

Takaful Islami Ins chairman, vice-chairman re-elected

FE DESK | 2023-06-19 00:00:00

Takaful Islami Insurance Limited unanimously re-elected Tahmina Afroz as its chairman and Emdadul Hoque Chowdhury (Emdad) as vice chairman (Chairman of Lucky Group) for the year 2023-24 in the 133rd meeting of the company's Board of Directors.The meeting was held...

CIS-BCCI holds 9th AGM

2023-06-19 00:00:00

The 9th Annual General Meeting (AGM) of Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) was held on Saturday at Gulshan Club in Dhaka, says a press release.At the AGM, CIS-BCCI President Md Habib Ullah Dawn presented the...

Parveen wins global award

2023-06-19 00:00:00

Parveen Mahmud, FCA, from Bangladesh won the 'Top50 Professional & Career Women Global Awards 2023' in the 'Leadership in Finance and Accounting' category. She received the award at a ceremony in Colombo, Sri Lanka, on Saturday, says a press release....

Swiss look set to back net-zero climate law

2023-06-19 00:00:00

GENEVA, June 18 (AFP): The Swiss, feeling the impact of global warming on their rapidly melting glaciers, on Sunday backed a new climate bill aimed at steering the country towards carbon neutrality by 2050, according to early estimates.The initial projections...

India's markets regulator asks top 100 listed firms to confirm or deny rumours from Oct 1

2023-06-19 00:00:00

NEW DELHI, June 18 (NDTV): To streamline the disclosure requirements, Sebi has notified rules asking the top 100 listed companies by market capitalisation to confirm, deny or clarify any market rumour reported in the mainstream media from October 1.Further, for...

GBB Power eyes "no power, no payment" deal to restart electricity plant

FE REPORT | 2023-06-19 00:00:00

GBB Power Ltd is likely to reopen its 20MW power plant on "no power, no payment" basis at the risk of a further cut in future profits. The plant, which was shut down on Friday upon expiry of a 15-year...

Banks, NBFIs heave a sigh of relief as lending rate cap goes

MOHAMMAD MUFAZZAL and BABUL BARMAN | 2023-06-19 00:00:00

The Monetary Policy Statement (MPS) unveiled on Sunday for the first six months of FY24 will increase the profitability of the lenders as the interest rate spread will widen following the removal of the lending rate cap.From now on, the...

Intel to invest $25bn in new Israel plant

2023-06-19 00:00:00

JERUSALEM, June 18 (AFP): US chip giant Intel will spend $25 billion on a new plant in Israel, officials said Sunday, with Prime Minister Benjamin Netanyahu calling it the country's single largest foreign investment.The "agreement in principle" would see the...

Amazon's $1.7b deal to buy iRobot gets US nod

2023-06-19 00:00:00

The UK's antitrust regulator has cleared Amazon's proposed $1.7 billion acquisition of iRobot, which designs and builds consumer robots, including robot vacuum cleaners sold under the 'Roomba' brand, reports IANS.The Competition and Markets Authority (CMA) found that iRobot's market position...

Global tax deal at risk as first pillar teeters

2023-06-19 00:00:00

PARIS, June 18 (Reuters): One of the two pillars of a global corporate tax overhaul due to come into force next year is at risk of collapsing as plans over how to share taxing rights on the 100 biggest, most...