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SOPs to be signed to bring back undocumented Bangladeshis from UK: Home minister

2023-11-02 00:00:00

Home Minister Asaduzzaman Khan has said steps will be taken to sign standard operating procedures (SOPs) soon to bring back undocumented Bangladeshi living in the UK, reports UNB.The minister was talking to reporters after a meeting with the British High...

President returns home after overseas treatment

2023-11-02 00:00:00

President Mohammed Shahabuddin on Wednesday returned home from Singapore after his medical treatment, reports UNB. The President's bypass surgery was successfully completed at the National University Hospital of Singapore on October 18.A VVIP aircraft of Biman Bangladesh Airlines carrying the...

Garment workers brought out a procession

2023-11-02 00:00:00

Garment workers brought out a procession at Mirpur-10 intersection in city on Wednesday, demanding a minimum wage — FE Phpto

WB grants $210m for early childhood development

FE REPORT | 2023-11-02 00:00:00

The World Bank has given its approval for a funding of US$210 million. This funding will be used to enhance the nutrition of around 1.7 million vulnerable pregnant women and mothers with children under the age of four.The World Bank's...

Perpetrators of Oct 28 incidents will face legal action: IGP

FE REPORT | 2023-11-02 00:00:00

Inspector General of Police (IGP) Chowdhury Abdullah Al Mamun warned on Wednesday that legal action will be taken against the persons involved in the incidents that happened on October 28 and afterwards. He voiced the warning while talking to the...

CEC seeks judges on duty on Dec vacation

FE REPORT | 2023-11-02 00:00:00

The chief election commissioner has requested the chief justice (CJ) to ensure that lower-court judges perform their duties even during the annual vacation this December to handle election matters.CEC Kazi Habibul Awal's request to CJ Obaidul Hassan was made to...

BNP men 'hurl petrol bombs' at Maitree Express train

2023-11-02 00:00:00

ISHWARDI, Pabna, Nov 01 (BSS): The BNP pickets hurled petrol bombs and stones at the moving Maitree Express train, traveling between India and Bangladesh on Kolkata-Dhaka route, near Ishwardi Loco Shed rail station area on Wednesday.Pakshi Divisional Railway Engineer Birbal...

Mirza Abbas, Alal, Hasan Sarwardy placed on remand

FE REPORT | 2023-11-02 00:00:00

A Dhaka court on Wednesday placed BNP's Standing Committee Member Mirza Abbas and Joint Secretary General Syed Moazzem Hossain Alal, and retired Lieutenant General Chowdhury Hasan Sarwardy on remand in three different cases. Judge of the Metropolitan Magistrate Court in...

Hasan urges editors to form opinion against anarchy

2023-11-02 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud on Wednesday urged editors to shape public opinion against extremism and anarchy, reports UNB.He said this in a meeting with editors of several national dailies at the Secretariat. He suggested taking legal action...

BNP takes path of terrorism in guise of movement: Quader

2023-11-02 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday said BNP has taken the path of terrorism in guise of its so-called systematic movement, reports BSS."Military dictator Ziaur Rahman formed BNP by destroying the...

Micro stocks shine in China's flagging share market

2023-11-02 00:00:00

SHANGHAI/HONG KONG, Nov 1 (Reuters): China's annus horribilis has seen its stock markets fall, funds run up losses and foreign investors run for the exit. But areas of the market dominated by small stocks and frequented by the country's retail...

China firm launches stock indices to tap into rush for safe-haven gold

2023-11-02 00:00:00

SHANGHAI, Nov 1 (Reuters): China's biggest index provider launched on Wednesday two gold-linked stock indices to cash in on surging demand for exposure to the safe-haven metal amid a slump in the local real estate market and volatile global markets.The...

Southeast Bank signed agreement with Water Garden Resort & Spa

2023-11-02 00:00:00

Southeast Bank Limited recently signed an agreement with Water Garden Resort & Spa, Tangail. Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank, and Md. Bayazid Bin Mahfuz, senior manager-sales & marketing (head of department) of Water Garden Resort &...

23rd ICAB National Award-

2023-11-02 00:00:00

Some 30 organisations won the 23rd ICAB National Award for their Best Presented Annual Reports, Integrated Reporting, and Corporate Governance Disclosures for 2022. Commerce Minister Tipu Munshi gave away the awards to the winners at the award giving ceremony organised...

Stock turnover hits one-month low amid blockade

FE REPORT | 2023-11-02 00:00:00

Stock turnover plunged to nearly one-month low to Tk 3.72 billion on Wednesday, as the nation-wide blockade enforced by the BNP and the Jamaat-e-Islami turned investors jittery. Most investors remained cautious while some rebalanced their portfolios based on latest earnings...

United Finance gets new MD

2023-11-02 00:00:00

Mr. Mohammad Rafiqul Islam has been appointed as the Managing Director of United Finance Limited with effect from November 01, 2023. Prior to his appointment, he served as Deputy Managing Director and Chief Operating Officer of Standard Bank Limited, said...

Bata Shoe's profit swells 53pc, on cost cutting, selling price hikes

FE REPORT | 2023-11-02 00:00:00

Bata Shoe's profit jumped 53 per cent year-on-year to Tk 422 million in the nine months through September this year, as it brought down cost of sales and hiked selling prices. During the period, the multinational footwear maker's revenue rose...

BOJ intervenes as JGB yields hit fresh decade highs

2023-11-02 00:00:00

TOKYO, Nov 01 (Reuters): The Bank of Japan intervened in the government bond market on Wednesday to rein in a jump in yields to fresh decade highs, underlining the challenge for the central bank a day after loosening its grip...

WeWork plans to file for bankruptcy

2023-11-02 00:00:00

NEW YORK, Nov 01 (Reuters): WeWork plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, as the SoftBank Group-backed company struggles with a massive debt pile and hefty losses.Shares of...

Saudi Central Bank’s total assets rise to $490b

2023-11-02 00:00:00

RIYADH, Nov 01 (Arab News): The Saudi Central Bank, also known as SAMA, reported a 3.4 per cent increase in total assets to SR1.82 trillion ($490 billion) in September, up from SR1.76 trillion in August, according to official data. The...

Europe's economic powerhouse tests a shorter working week

2023-11-02 00:00:00

BERLIN, Nov 01 (AFP): Maximilian Hermann's weekend starts on Friday morning, when he puts his motorcycle helmet on and takes his bike out for a ride to the southern German Alps.Like all his colleagues, the 29-year-old project manager shifted to...

Asia's factories squeezed

2023-11-02 00:00:00

TOKYO, Nov 1 (Reuters): Asia's manufacturers faced worsening pressure in October with factory activity in China slipping back into decline, clouding recovery prospects for the region's major exporters already squeezed by weaker global demand and higher prices.Purchasing managers' indexes (PMIs)...

Pragati Life Insurance signed MoU with Instasure

2023-11-02 00:00:00

Pragati Life Insurance Limited has recently signed a memorandum of understanding (MoU) with Instasure Limited in the city. Md Jalalul Azim, Managing Director and CEO of Pragati Life Insurance Limited, and Engr Rafel Kabir, Managing Director of Instasure Limited, signed...

319th board meeting of Pragati Insurance held

2023-11-02 00:00:00

The 319th meeting of the board of directors of Pragati Insurance Limited was held at its head office in the city on Monday. Syed M Altaf Hussain, Chairman of the company, presided over the meeting.

BRAC BANK LAUNCHES 'TAKAPAY' CARD

2023-11-02 00:00:00

BRAC Bank has launched the 'TakaPay' card as a part of the National Card Scheme under the initiative of Bangladesh Bank. Prime Minister Sheikh Hasina officially inaugurated this National Card Scheme at her official residence Ganobhaban on Wednesday. Managing Director...

SONALI BANK LAUNCHES 'TAKAPAY' CARD

2023-11-02 00:00:00

Sonali Bank PLC has launched the 'TakaPay' card as a part of the National Card Scheme under the initiative of Bangladesh Bank. Prime Minister Sheikh Hasina officially inaugurated this National Card Scheme at her official residence Ganobhaban on Wednesday. CEO...

Cyble recognises eGeneration for contributions to cybersecurity

2023-11-02 00:00:00

eGeneration Ltd, a prominent system integration firm renowned for its unwavering commitment to digital security, has been acknowledged and commended by Cyble, a global leader in comprehensive digital risk profiling and threat intelligence. This recognition was presented at the GrowCon...

Walton Digital Campaign Season 19 kicks off

2023-11-02 00:00:00

Walton has launched Season 19 of its digital campaign across the country, reports UNB.Customers are offered a maximum 200 percent cash voucher or sure cashback on the purchase of any model of Walton fridge from any Walton Plaza, distributor outlet,...

Some Chinese institutions borrow at 50pc rate amid liquidity crunch

2023-11-02 00:00:00

SHANGHAI, Nov 01 (Reuters): Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50 per cent on Tuesday, as a month-end scramble for cash squeezed liquidity and stressed money markets.In addition to seasonal factors, the cash...

Bill passed to get funds from NDB of BRICS

2023-11-02 00:00:00

The New Development Bank Bill (NDB), 2023 was passed in Parliament on Wednesday to welcome funds from the lending arm of BRICS, reports UNB.Law Minister Anisul Huq, in absence of Finance Minister AHM Mustafa Kamal, moved the Bill in Parliament....