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Adequate data found to try Jamaat for war crimes: Anisul

2023-06-12 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Huq on Sunday said adequate data have been found to try Jamaat-e-Islami for war crimes, reports BSS."There are adequate data. The information that came to International Crimes Tribunal is enough to try Jamaat...

No compromise on caretaker government: Fakhrul

2023-06-12 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Sunday said that there will be no compromise on the question of neutral government, and it would be resolved on streets, if necessary. "The government has started shaking. They made one statement...

Obaidul Quader greets Prime Minister Sheikh Hasina with a bouquet

2023-06-12 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader greets Prime Minister Sheikh Hasina with a bouquet on behalf of the party at her official residence Ganobhaban in the city on Sunday, marking the anniversary of her...

BNP instructs Jamaat to resist polls: Hasan

2023-06-12 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud on Sunday said that BNP has instructed Jamaat-e-Islami to give statement about resisting the upcoming national election, reports UNB."The statement made during Jamaat's recent rally reflect BNP's stance. They advocated for resisting the...

Twitter refuses to pay its Google Cloud bills

2023-06-12 00:00:00

Twitter has refused to pay its Google Cloud bills as its contract comes up for renewal this month, which could result in the social media company's trust and safety teams being crippled, Platformer reported on Saturday, reports Reuters.Before Elon Musk's...

Saudi blockchain firm expands into Africa

2023-06-12 00:00:00

Saudi-based blockchain company IR4LAB is expanding its operations to Africa, seeking to be a key player in the burgeoning digital economy, report agencies.IR4LAB is a blockchain technology start-up whose solutions help corporations detect fraudulent resumes and professional qualifications.The company, which...

Toyota to invest $328m in Mexico hybrid pickup plant

2023-06-12 00:00:00

MEXICO CITY, June 11 (Reuters): Japanese carmaker Toyota will invest $328 million more in a plant in the central Mexican state of Guanajuato, as it looks to adapt its production processes for a new hybrid model of its Tacoma pickup...

Divided Fed expected to rally around a US interest rate pause

2023-06-12 00:00:00

WASHINGTON, June 11 (AFP): The US Federal Reserve is widely expected to pause its campaign of interest rate increases on Wednesday to give policymakers more time to assess the economic impact of existing hikes and recent banking stresses.But members of...

High inflation rattles UK home loan market

2023-06-12 00:00:00

LONDON, June 11 (AFP): Britain's retail lenders are withdrawing fixed home-loan products, as elevated inflation sparks fears of more Bank of England interest rate hikes and worsens the cost-of-living crisis.UK banks mostly offer mortgages with a fixed interest rate for...

US capital sputters as federal workers stay home

2023-06-12 00:00:00

WASHINGTON, June 11, 2023 (AFP): Washington's role as the US capital makes it reliant on government workers for its economic success -- and many are choosing to stay home, perhaps for good, leaving vast federal offices empty and the city...

Major Gulf bourses end lower on falling oil prices

2023-06-12 00:00:00

Major stock markets in the Gulf ended lower on Sunday in response to falling oil prices and weaker-than-expected Chinese economic data, reports Reuters. Oil prices - a key catalyst for the Gulf's financial markets - tumbled more than a dollar...

Standard Bank Learning Centre

2023-06-12 00:00:00

Standard Bank Learning Centre organises a two-day training on 'Development for Professional Excellence' with the participation of senior officials of Head Office and branches of the bank. Md Habibur Rahman, Managing Director & CEO of the bank, inaugurated the training...

BGDCL celebrated 43rd anniversary in Cumilla

2023-06-12 00:00:00

Bakhrabad Gas Distribution Company Limited (BGDCL) celebrated its 43rd anniversary in Cumilla on Saturday. A colourful procession led by BGDCL Managing Director Shankar Majumder was brought out in the morning and a discussion was held at the auditorium of the...

Inaugural ceremony of new office of Bangladesh Indenting Agents' Association held

2023-06-12 00:00:00

The inaugural ceremony of the new office of Bangladesh Indenting Agents' Association (BIAA) was held in Dhaka on Saturday. BIAA president M Nuruzzaman presided over the programme while former FBCCI president Shafiul Islam Mohiuddin, MP, was present as the chief...

Janata Capital and Investment

2023-06-12 00:00:00

Janata Capital and Investment Limited (JCIL), a subsidiary of Janata Bank Limited, was awarded as the highest trading organisation in the 'Merchant Bank' category by the ICB Securities Trading Company Limited for financial years of 2020-21 and 2021-22. Chief Executive...

Newly promoted 13 general managers of Rupali Bank paid homage to Father of the Nation

2023-06-12 00:00:00

Newly promoted 13 general managers of Rupali Bank Limited paid homage to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his mausoleum in Tungipara recently. They are GM Mohammad Safayet Hossain, Kamal Bhattacharjee, Md. Moinuddin...

360th Board meeting of SJIBL held

2023-06-12 00:00:00

The 360th meeting of the Board of Directors of Shahjalal Islami Bank Limited (SJIBL) was held recently at the Corporate Head Office of the bank. Presided over by its Chairman Mohammed Younus, the Board approved a number of investment proposal.

A free thalassemia carrier screening and awareness camp

2023-06-12 00:00:00

A free thalassemia carrier screening and awareness camp was held at Asian University for Women, Chattogram in association with First Security Islami Bank Ltd and Institute for Developing Science and Health Initiatives (ideSHi). Dr Firdausi Qadri, laureate of Ramon Magsaysay...

Eastern Bank senior officials at launching of 'EBL Super Saver'

2023-06-12 00:00:00

M Khorshed Anowar, deputy managing director and head of Retail and SME Banking; Syed Zulkar Nayen, head of business; Sarmin Atik, head of Liability and Wealth Management and other Eastern Bank senior officials at the launching of 'EBL Super Saver'...

Premier Leasing chair, vice-chair re-elected

2023-06-12 00:00:00

The Board of Directors of Premier Leasing & Finance Limited in its 262nd meeting re-elected Abu Sadek Md Sohel and M Rabiul Huq as the company's chairman and vice-chairman respectively, says a press release.Abu Sadek Md Sohel was born in...

MTB earns global recognition as top wholesale bank

FE REPORT | 2023-06-12 00:00:00

Mutual Trust Bank Limited (MTB) has announced its latest accomplishment of being named the "Best Wholesale Bank of the Year Bangladesh 2023" by the World Economic Magazine. This prestigious accolade acknowledges MTB's exceptional performance in corporate banking, specifically recognising its...

Navana Pharma to raise Tk 1.5b through bonds

FE REPORT | 2023-06-12 00:00:00

Navana Pharmaceuticals has decided to raise Tk 1.5 billion by issuing unsecured, partially convertible and redeemable bonds through private placement.The decision was taken at a meeting of the board of directors on Sunday, according to a statement issued by the...

Life insurance cos drag down prime index as policyholders' complaints come to the fore

FE REPORT | 2023-06-12 00:00:00

Stocks failed to stay afloat as investors preferred to book profit on quick-gaining stocks, particularly of the life insurance sector.Life insurance companies that had soared in recent weeks were eroded 5 percent in a single day after the news that...

Apple, Amazon must face consumer lawsuit, US judge rules

2023-06-12 00:00:00

Apple and Amazon.com must face a consumer antitrust lawsuit in US court accusing them of conspiring to artificially inflate the price of iPhones and iPads sold on Amazon's platform, a federal judge in Seattle ruled last week.In his ruling, US...

EU offers aid to Tunisia to boost economy, reduce migrant flows

2023-06-12 00:00:00

TUNIS, June 11 (AFP): The European Union on Sunday offered major financial support to crisis-hit Tunisia, to boost its economy and reduce the flow of irregular migrants across the Mediterranean Sea.The North African country, highly indebted and in talks for...

DHAKA BANK CONDUCTS FIRE DRILL

2023-06-12 00:00:00

Dhaka Bank Limited conducted a fire drill in cooperation with the Fire Service and Civil Defence Authority at the bank's Corporate Office recently. In the presence of all the employees of the Corporate Office, the Fire Service personnel provided training...

NCC Bank distributes free agricultural inputs

2023-06-12 00:00:00

NCC Bank has distributed agricultural materials free of cost to the marginal farmers of Feni Sadar and Chhagalnaiya as part of its corporate social responsibility to increase agricultural production, and also conducted financial literacy activities. Deputy Commissioner of Feni Abu...

MetLife offers free extra insurance coverage

2023-06-12 00:00:00

MetLife Bangladesh is providing additional life insurance coverage of up to Tk 50,000 completely free of charge for customers travelling within Bangladesh during Eid-ul Azha.Such an initiative has been undertaken for the first time in the country, says a press...

SMAC ASL holds event on Income Tax Act

FE REPORT | 2023-06-12 00:00:00

SMAC Advisory Services Ltd (ASL) hosted an event highlighting salient features of the Income Tax Act 2023 and Finance Bill 2023 at a city hotel on Sunday.The event aimed at providing insights into significant changes in the tax landscape of...

Private sector urged to invest in R&D for ensuring food safety

FE REPORT | 2023-06-12 00:00:00

To ensure food safety and its nutritional value, speakers at a conference on Sunday urged the private sector to invest in research and development (R&D) besides the public sector.The big companies in the food business are making a huge amount...