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One more dies of dengue --

2023-06-14 00:00:00

One more person died from dengue in the 24 hours until Tuesday morning, reports UNB.With the new number, the official death toll from dengue rose to 27 this year, according to the Directorate General of Health Services (DGHS).Also, 211 more...

HC asks to complete probe into Jasmine's death in custody in two months

FE REPORT | 2023-06-14 00:00:00

The High Court on Tuesday directed the government-formed committee to complete in two months the probe into the death of Naogaon land office employee Sultana Jasmine in Rapid Action Battalion (RAB) custody. The HC bench of Justice Farah Mahbub and...

Settle stake with Borak Real Estate, HC asks DNCC

FE REPORT | 2023-06-14 00:00:00

The High Court on Monday directed the Dhaka North City Corporation (DNCC) to take possession of their stake in the building on 44 Kemal Ataturk Avenue from Borak Real Estate Ltd within the next two months.It directed the authorities concerned...

71 more Covid cases reported

2023-06-14 00:00:00

Bangladesh reported 71 more Covid-19 cases in the 24 hours until Tuesday morning, reports UNB.With the new numbers, the country's total caseload rose to 20,40,681, according to the Directorate General of Health Services (DGHS).However, the official death toll from the...

Business Plan Competition organised by BSMRMU Business Incubator 'Startup BLUE'

2023-06-14 00:00:00

Chief of Naval Staff Admiral M Shaheen Iqbal, Bangabandhu Sheikh Mujibur Rahman Maritime University, Bangladesh (BSMRMU) Vice-Admiral Mohammad Musa, among others, pose for photograph at a Business Plan Competition organised by BSMRMU Business Incubator 'Startup BLUE' on its campus in...

General SM Shafiuddin Ahmed paid a courtesy call on Gambian Defence Minister Sheikh Omar Faye

2023-06-14 00:00:00

Chief of Army Staff of Bangladesh Army General SM Shafiuddin Ahmed paid a courtesy call on Gambian Defence Minister Sheikh Omar Faye in Gambia on Monday — ISPR

Govt to explore more global funds to execute climate projects

SYFUL ISLAM | 2023-06-14 00:00:00

The government wants ministries and departments to explore ways to get foreign financing - instead of local funds - to implement climate change (CC)-related projects, as foreign currency reserve is under pressure and macro economy is facing stresses.The Cabinet Division...

BNP was right to boycott BCC polls, admits defeated candidate Taposh

2023-06-14 00:00:00

BARISHAL, June 13 (UNB): BNP made the right decision by boycotting the election as the result was fixed behind the scene, said Jatiya Party's defeated candidate in Barishal City Corporation (BCC) election Engineer Iqbal Hossain Taposh on Tuesday.He termed the...

US visa policy to help Bangladesh hold fair elections: GM Quader

2023-06-14 00:00:00

SHERPUR, June 13 (UNB): Jatiya Party chairman Ghulam Muhammad Quader on Tuesday said that the new US visa policy for Bangladesh will be helpful in holding the next general election in a free, fair and credible manner."The United States expects...

Khaleda fighting for life at hospital with serious illness: Fakhrul

2023-06-14 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday said their party Chairperson Khaleda Zia has been fighting for life at Evercare Hospital in the city where she underwent medical tests after falling sick seriously, reports UNB."Our leader (Khaleda) has...

HC defers hearing on Khaleda's plea over indictment

FE REPORT | 2023-06-14 00:00:00

The High Court on Tuesday deferred till July 16 the hearing on a petition filed by BNP Chairperson Khaleda Zia, challenging a lower court order that framed charges against her and seven others in the Niko corruption case. The High...

Voters didn't boycott city polls despite BNP's call: Hasan

2023-06-14 00:00:00

Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud on Tuesday said the two city corporations elections have proved that voters didn't boycott the polls despite BNP's call, rather exercised their voting rights spontaneously, reports BSS....

Asian markets struggle to match Wall St as inflation data looms

2023-06-14 00:00:00

HONG KONG, June 13 (AFP): Markets were mixed in Asia on Tuesday, with investors awaiting the release of key US inflation data later in the day that could play a big role in the Federal Reserve's keenly anticipated interest rate...

Gulf bourses gain on rising oil prices, Fed rate pause optimism

2023-06-14 00:00:00

Most stock markets in the Gulf rose in early trade on Tuesday, tracking oil prices higher, while investors remained cautious ahead of key policy decisions by the US Federal Reserve and other central banks, reports Reuters.Crude prices - a key...

Indian shares rise as easing inflation boosts gains

2023-06-14 00:00:00

BENGALURU, June 13 (Reuters): Indian shares closed higher on Tuesday as cooling inflation helped lift stocks across sectors, while broader risk sentiment improved on hopes of an upcoming pause in rate hikes by the US Federal Reserve.The blue-chip Nifty 50...

Toyota unveils plans for new battery tech, EV innovation

2023-06-14 00:00:00

TOKYO, June 13 (Reuters): Toyota will introduce high-performance, solid-state batteries and other technologies to improve the driving range and cut costs of future electric vehicles (EVs), the automaker said on Tuesday, a strategic pivot that sent its shares higher.The Japanese...

India asks Myanmar to expedite trade through rupee: Exporters

2023-06-14 00:00:00

NEW DELHI, June 13 (Reuters): India has urged Myanmar's administration to speed up the process of trade settlements through mutual currencies, a mechanism that was earlier agreed, an exporters' body official said on Monday.A delegation of Indian exporters met Myanmar's...

LankaBangla Finance signed agreement with Aamartaka

2023-06-14 00:00:00

LankaBangla Finance Limited (LBFL) has recently signed an agreement with Aamartaka for its customer privilege. Head of Retail Business of LBFL Khurshed Alam and Managing Director of Aamartaka Md Mahmud Al Maruf Toufiq signed the agreement on behalf of their...

TASTY TREAT OPENS OUTLET AT NBR BHABAN

2023-06-14 00:00:00

PRAN-RFL Group's fast food retail brand 'Tasty Treat' has opened its outlet on the premises of the National Board of Revenue (NBR) at Agargaon in Dhaka. The special feature of the outlet is that the showroom will be run by...

Southeast Bank and Nagad signed remittance disbursement agreement

2023-06-14 00:00:00

Southeast Bank Limited and Nagad Ltd signed a remittance disbursement agreement at the bank's headquarters on Tuesday, aiming to facilitate inward remittances through mobile financial services. Nuruddin Md Sadeque Hussain, the managing director of Southeast Bank, and Maruful Islam Jhalak,...

Mutual Trust Bank introduced 'M Auto Lead' app

2023-06-14 00:00:00

Mutual Trust Bank Ltd (MTB) has introduced the 'M Auto Lead' app, aimed at empowering enlisted auto vendors and gearing up the generation of auto sales leads. MTB Managing Director & CEO Syed Mahbubur Rahman officially announced the app's launch...

Free service camp for Suzuki cars in Dhaka

2023-06-14 00:00:00

Uttara Motors Limited launched a 'Suzuki Service Carnival' at Uttara Motors Service Centre at Tejgaon, Begun Bari, in Dhaka on June 11 and it will continue June 14, says a press release.Under the overall supervision of Mashfiqur Rahman, Planning and...

ICSB, EWU sign MoU

FE DESK | 2023-06-14 00:00:00

Institute of Chartered Secretaries of Bangladesh (ICSB) signed a Memoran-dum of Understanding (MoU) with East West University (EWU) at East West University campus at Aftabnagar in Dhaka on Monday. Mohammad Asad Ullah FCS, President of ICSB, and Dr Muhammad Ziaulhaq...

Express Insurance's profit plunges to 3-year low on shrinking marine business

FE REPORT | 2023-06-14 00:00:00

Profit of Express Insurance Ltd hit a three-year low in 2022 mainly due to a significant fall in its premium income from the marine segment as import fell. The general insurer reported a profit of Tk 86.71 million for 2022,...

JBL boosts lending to SME, agriculture sectors

FE REPORT | 2023-06-14 00:00:00

State-owned Janata Bank Limited (JBL) has increased its lending to SME and agriculture sectors considering their vital role in the economy.The JBL disbursed loans amounting to Tk 29.35 billion to small and medium enterprises (SMEs) and Tk 24.37 billion to...

National Housing approves 15pc cash dividend

FE REPORT | 2023-06-14 00:00:00

National Housing Finance and Investments Limited conducted its 24th Annual General Meeting (AGM) on Sunday on the virtual platform, with shareholders approving a 15 per cent cash dividend for the year 2022. Chairman of the company Mr Mahbubur Rahman presided...

DSE sinks below 6,300 on corrections of stocks behind rally

FE REPORT | 2023-06-14 00:00:00

The broad index of the Dhaka Stock Exchange on Tuesday sank below 6,300 points after 14 sessions as a section of jittery investors executed sell-offs while others remained silent in the absence of any specific market direction.Amid the selling pressure...

Padma Bank launches FD and DPS

2023-06-14 00:00:00

Padma Bank formally launched Fixed Deposits (FD) and Deposit Pension Schemes (DPS) for its customers at the bank's headquarters in Dhaka on Tuesday. The minimum amount for digital DPS is Tk 50 and that of FD is Tk 5,000. The...

BENGAL COMMERCIAL BANK STARTS DISBURSING REMITTANCE LOAN

2023-06-14 00:00:00

Bengal Commercial Bank is providing loan facility for remittance earners and their families under newly launched 'Bengal Remittance Loan' service aimed at encouraging remittance inflows through banking channel. Tarik Morshed, Managing Director & CEO of the bank, handed over loan...

Nagad shifts focus to skill-based recruitment instead of certificates

FE REPORT | 2023-06-14 00:00:00

Nagad, a leading mobile financial service provider in Bangladesh, has adopted a skill-based approach to employee recruitment, rather than relying solely on educational qualifications or academic certificates.This new recruitment strategy, introduced in March of this year, opened doors to numerous...