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Road accidents kill 468 in May

FE REPORT | 2023-06-15 00:00:00

At least 468 people were killed and 769 people were injured in some 496 road accidents in the outgoing month of May, according to a passenger rights organization on Wednesday.At the same time, 43 people were killed and 7 people...

DNCC mayor lays foundation stone of foot-over bridge near EWU

2023-06-15 00:00:00

Dhaka North City Corporation (DNCC) Mayor Md Atiqul Islam on Wednesday laid the foundation stone of a foot-over bridge adjacent to the East West University (EWU) campus at Aftabnagar in the capital, says a statement.The bridge will connect Aftabnagar with...

Funded by WB, dedicated road safety project launched

FE REPORT | 2023-06-15 00:00:00

With US$358 million in financing from the World Bank, a dedicated road safety project has been launched to reduce accidents on two national highways connected to five divisions and urban roads. According to officials, the road safety pilot project will...

UN High Commissioner for Refugees Filippo Grandi paid a courtesy call on Prime Minister Sheikh Hasina

2023-06-15 00:00:00

UN High Commissioner for Refugees Filippo Grandi paid a courtesy call on Prime Minister Sheikh Hasina at a hotel in Geneva, Switzerland on Wednesday — PID

Councillor’s candidacy cancelled in Sylhet

2023-06-15 00:00:00

SYLHET, June 14 (UNB): The Election Commission (EC) on Wednesday cancelled the candidacy of a general ward councillor for staging an armed showdown in front of an opponent ahead of the upcoming Sylhet City Corporation (SCC) election slated for June...

Dr Hasan Mahmud speaking at a coordination meeting

2023-06-15 00:00:00

Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud speaking at a coordination meeting at the conference room of the ministry on Wednesday — PID

Pro-BNP JU teachers stage demo for polls under caretaker govt

JU CORRESPONDENT | 2023-06-15 00:00:00

The Jatiyatabadi Shikkhak, Kamrmakarta O Karmachari Forum, an organisation for pro-BNP (Bangladesh Nationalist Party) teachers, officers and employees, formed a human chain on the Jahangirnagar University campus on Wednesday to press for holding the national election under a non-partisan and...

Khaleda Zia's condition stable

2023-06-15 00:00:00

The condition of BNP Chairperson Khaleda Zia, undergoing treatment at Evercare Hospital in the city, is now stable, said her personal physician AZM Zahid Hossain on Wednesday, reports UNB."Madam's physical condition is now stable and it has improved a little...

Five hurt as BCL, Jubo Dal activists clash in Ctg

2023-06-15 00:00:00

CHATTOGRAM, June 14 (UNB): At least five people were injured in a clash between Bangladesh Chhatra League (BCL) and Jubo Dal activists centering a youth rally organized by BNP's associate bodies on Wednesday.The clash erupted around 3:30 pm near Chattagram...

Government won't bow down to any pressure: Quader

2023-06-15 00:00:00

Awami League General Secretary Obaidul Quader, also the road transport and bridges minister, said on Wednesday that the government didn't bow down to any pressure and even won't do so in future, report agencies.He came up with the remark while...

Vodafone, Hutchison unveil $19b UK mobile merger

2023-06-15 00:00:00

LONDON/HONG KONG, June 14 (Reuters): Vodafone and CK Hutchison finally unveiled the 15 billion pound ($19 billion) merger of their British operations on Wednesday, saying the creation of the country's largest mobile operator would be good for the economy.The long-awaited...

Google faces EU break-up order over anti-competitive adtech practices

2023-06-15 00:00:00

BRUSSELS, June 14 (Reuters): Alphabet's Google was charged by EU antitrust regulators with anti-competitive practices in its digital advertising business on Wednesday, which it may now have to sell part of to address their concerns.The stakes are higher for Google...

Tesla slightly raises Model Y price in US

2023-06-15 00:00:00

BEIJING, June 14 (Reuters): Tesla Inc slightly increased the price of its Model Y electric vehicle in the United States on Tuesday, according to its website.The company increased the price of the variant by a mere $250, bringing it to...

London stocks listless as Fed decision on deck

2023-06-15 00:00:00

UK's main stock indexes were subdued on Wednesday as investors keenly awaited a crucial policy decision by the US Federal Reserve due later in the day, while assessing the growing likelihood of persistent rate hikes by the Bank of England,...

Most Gulf markets gain ahead of US Fed rate decision

2023-06-15 00:00:00

Most major stock markets in the Gulf rose in the early trade on Wednesday, tracking higher oil prices, while the major focus was on the outcome of the US Federal Reserve's June policy meeting, reports Reuters.The Fed is widely expected...

Global stocks edge higher, dollar sags eyeing Fed pause

2023-06-15 00:00:00

Global shares edged higher and the dollar held near three-week lows on Wednesday as traders were all but certain that the US Federal Reserve will refrain from hiking interest rates later in the session, reports Reuters.Overnight, the much-watched US CPI...

Groundbreaking ceremony for Jamuna Bank Foundation Hospital

2023-06-15 00:00:00

Jamuna Bank Foundation recently initiated the funding and groundbreaking ceremony for Jamuna Bank Foundation Hospital in Rupshi, Rupganj upazila of Narayanganj. Textiles and Jute Minister Golam Dastagir Gazi joined the event as the chief guest, while Jamuna Bank Foundation Chairman...

Modhumoti Bank donated Tk 2.0 million to Dhaka Mohanagar Mohila College

2023-06-15 00:00:00

Modhumoti Bank Limited donated Tk 2.0 million to Dhaka Mohanagar Mohila College as part of its CSR programme. Modhumoti Bank CEO Md Shafiul Azam on Wednesday presented the cheque to Dhaka Mohanagar Mohila College Acting Principal Prof Tahamina Haque at...

Mercantile Bank held 24th AGM virtually

2023-06-15 00:00:00

Mercantile Bank Limited held its 24th annual general meeting (AGM) virtually from its head office on Wednesday, with shareholders approving a 10 per cent cash and a 2 per cent bonus dividend. The meeting was chaired by Morshed Alam MP,...

Integrity Award (Fiscal Year: 2021-2022) programme

2023-06-15 00:00:00

The Integrity Award (Fiscal Year: 2021-2022) programme was organised on Tuesday at the Head Office of Investment Corporation of Bangladesh (ICB). Chairman of the Board of Directors of ICB Prof. Dr. Md. Kismatul Ahsan distributed the certificates, crests and cheques...

CITY BANK'S EXTRAORDINARY GENERAL MEETING HELD

2023-06-15 00:00:00

The extraordinary general meeting (EGM) of City Bank Limited was held on a virtual platform on Wednesday. Aziz Al Kaiser, chairman of the bank, presided over the meeting. Vice Chairman Hossain Khaled, directors Tabassum Kaiser, Savera H Mahmood, Hossain Mehmood,...

EBL OPENS A SUB-BRANCH

2023-06-15 00:00:00

Wahidul Hasan Milton, Ex- acting mayor, Dhaka South City Corporation, and M Khorshed Anowar, deputy managing director and head of retail and SME Banking, Eastern Bank Limited (EBL), inaugurated a sub-branch of the bank at Mughda in the city on...

Prime Bank, Holiday Inn introduce exclusive offers for customers

2023-06-15 00:00:00

Prime Bank has recently signed an agreement with Holiday Inn Dhaka City Centre on the Holiday Inn Dhaka City Centre premises, said a press release.Md Nazeem Anwar Choudhury, deputy managing director of Prime Bank, and Norizan Binti Yaacob, general manager...

BRAC Bank signs deal with Armana Group

2023-06-15 00:00:00

BRAC Bank has signed an employee banking agreement with Armana Group, said a press release.Md Mahiul Islam, head of retail banking at BRAC Bank, and Ankur Gupta, adviser at Armana Group, signed the agreement on behalf of their respective organisations...

Ctg Outer Ring Road opening not before June next year

NAZIMUDDIN SHYAMOL | 2023-06-15 00:00:00

CHATTOGRAM, June 12: The project schedule of Chittagong City Outer Ring Road has been extended and its estimated cost has also been increased as the authorities concerned are constructing a junction and other extension work in the project. The project...

Stocks continue to bleed ahead of monetary policy tightening

FE REPORT | 2023-06-15 00:00:00

Stocks suffered losses for the fourth straight session on Wednesday as jittery investors continued their sell-offs ahead of the monetary policy statement and Eid festival.The Bangladesh Bank is set to unveil its monetary policy on Sunday. Most investors preferred to...

ICB offloads entire stake of Islami Bank in May

FE REPORT | 2023-06-15 00:00:00

The state-run Investment Corporation of Bangladesh (ICB) has sold out its entire holding of Islami Bank Bangladesh Ltd. (IBBL).The ICB reportedly had 2.7 per cent or more than 33.40 million shares in the Islami Bank. It did the sell offs...

Power Grid to issue shares for accounting adjustment of long-held govt investment

BABUL BARMAN | 2023-06-15 00:00:00

To comply partially with a three-year-old order by the Financial Reporting Council (FRC), state-run electricity transmission and distribution service provider Power Grid Company has decided to issue shares against funds received from the government. At a meeting on Tuesday, it...

10th Annual General Meeting of Midland Bank held

2023-06-15 00:00:00

The 10th Annual General Meeting (AGM) of the shareholders of Midland Bank Limited (MDB) was held on a digital platform on Wednesday. Mrs. Nilufer Zafarullah, Chairperson of the Board of Directors of the Bank, presided over the meeting. Mr. Md....

ONE Bank arranged induction training programme for officials

2023-06-15 00:00:00

ONE Bank Limited arranged an induction training programme for its officials in Dhaka recently. Md Monzur Mofiz, managing director, John Sarkar, deputy managing director, and Mohammad Masudul Haque, Head of Training, spoke among others on the occasion.