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This is high time to allow PhD degrees in pvt varsities: Dipu

2023-06-06 00:00:00

Education Minister Dr Dipu Moni on Monday said that the University Grant Commission (UGC) may now take into account allowing PhD degrees in those private universities which are at the forefront of education and research, reports UNB."There are some private...

Awaj Foundation formed a human chain

2023-06-06 00:00:00

Awaj Foundation formed a human chain in front of the National Press Club in the city on Monday, marking the World Environment Day 2023 — Focus Bangla

DU Science, Fine Arts admission test results published

DU CORRESPONDENT | 2023-06-06 00:00:00

The results of the admission tests for the undergraduate programme of 2022-23 academic session of Dhaka University's (DU's) Science and Fine Arts faculties were published on Monday with a pass rate of 9.43 and 4.49 per cent respectively.DU Vice-Chancellor (VC)...

BD sees two Covid deaths, 75 cases

2023-06-06 00:00:00

Bangladesh reported two more COVID-19-linked deaths and 75 fresh cases in 24 hours until Monday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,450 and caseload to 2,039,714, according to the Directorate General of Health Services...

Indian Army chief in city on two-day visit

2023-06-06 00:00:00

General Manoj Pande, Chief of Army Staff (COAS), Indian Army, is visiting Bangladesh from June 5-6 at the invitation of his counterpart, General SM Shafiuddin Ahmed, SBP (BAR), Chief of Army Staff (CAS), Bangladesh Army to review the Passing Out...

Over 7,000 cases filed under DSA, law minister tells JS

2023-06-06 00:00:00

Law Minister Anisul Haq said some 7,001 cases were filed across the country as of January 31 of this year under the Digital Security Act. The minister said this in reply to a tabled question from Gonoforum MP Mukabbir Khan...

US visa policy for Bangladesh an outcome of AL's misrule: Fakhrul

2023-06-06 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Monday alleged that the US visa policy for Bangladesh is the outcome of Awami League's misrule and mischievous activities, reports UNB. Speaking at a seminar, he also said that democratic countries are...

PM sees next election as a challenge

2023-06-06 00:00:00

Awami League president and Prime Minister Sheikh Hasina on Monday urged the party leaders and activists to take all out preparations for the next national polls saying it would be a challenge due to multifaceted conspiracies, reports BSS. "The next...

India's Byju's to list unit Aakash Education by mid-2024

2023-06-06 00:00:00

BENGALURU, June 5 (Reuters): Indian education startup Byju's on Monday said it will take its educational institute Aakash Education Services public through an initial public offering (IPO) by mid-2024.Aakash, which was acquired for $950 million by Byju's in 2021, had...

Japan's Nikkei closes at 33-year high

2023-06-06 00:00:00

TOKYO, June 5 (Reuters): Japan's Nikkei share average closed at its highest in 33 years on Monday as gains on Wall Street lifted risk appetite, while investors kept betting on domestic equities on expectations the Bank of Japan would retain...

Most Gulf markets gain on rising oil prices, Fed rate pause optimism

2023-06-06 00:00:00

Most stock markets in the Gulf rose in early trade on Monday on optimism the US Federal Reserve would pause its rate hikes this month, while rising oil prices cheered investors, reports Reuters.Currencies in most Gulf Cooperation Council countries, including...

Indian shares end higher on hopes of Fed rate hike pause

2023-06-06 00:00:00

BENGALURU, June 5 (Reuters): Indian shares settled higher on Monday, propped by sustained gains in auto stocks and on stronger bets that the Federal Reserve may skip an interest rate hike later this month.The blue-chip Nifty 50 index closed 0.32...

Stocks rise on 'Goldilocks' US jobs data, oil lifted by output cut

2023-06-06 00:00:00

HONG KONG, June 5 (AFP): Markets built on a global rally Monday after a mixed US jobs report lifted hopes the Federal Reserve will skip an interest rate hike this month, while oil extended gains after Saudi Arabia slashed output.The...

Financial Literacy Wing of Union Bank organised a programme

2023-06-06 00:00:00

Financial Literacy Wing of Union Bank Limited organised a programme titled 'Enhancing Social Awareness about Sending Remittance through Legal Channels' in Cox's Bazar recently. Vice President and Head of BOCD & Financial Literacy Wing of the bank Chowdhury SM Atiqur...

Tesla's China-made EV sales rise 2.4pc in May from April

2023-06-06 00:00:00

BEIJING, June 5 (Reuters): US automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, a 2.4 per cent jump from April, data from the China Passenger Car Association (CPCA) showed on Monday.On a yearly basis, sales rose 142...

Global airlines more than double 2023 profit outlook

2023-06-06 00:00:00

ISTANBUL, June 5 (Reuters): Global airlines on Monday more than doubled their forecast for the industry's 2023 profit but warned delays in getting planes to cope with rising demand could dampen their post-pandemic recovery."The pandemic years are behind us and...

Standard Bank celebrated 24th anniversary

2023-06-06 00:00:00

Standard Bank Limited celebrated its 24th anniversary recently. On this occasion, a programme was organised at the boardroom of the bank's head office in the capital. Chairman of the board of directors of the bank Kazi Akram Uddin Ahmed, Vice...

Jamuna Bank celebrated 23rd anniversary

2023-06-06 00:00:00

Jamuna Bank Limited celebrated its 23rd anniversary recently. On the occasion Chairman of Jamuna Bank Md. Saidul Islam, Chairman of Jamuna Bank Foundation Nur Mohammed and Managing Director and CEO of the bank Mirza Elias Uddin Ahmed were present.

Bank Asia organised 60th foundation training course for officers

2023-06-06 00:00:00

Bank Asia Limited has organised a certificate awarding ceremony of the 60th foundation training course for its officers recently. Adil Chowdhury, president & managing director of the bank, awarded the certificates among 34 participants in the concluding ceremony of the...

Signs of de-dollarisation emerging, Wall Street giant JPMorgan says

2023-06-06 00:00:00

LONDON, June 5 (Reuters): Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest US bank JPMorgan said on Monday, although the currency should maintain its long-held dominance for the foreseeable future.The impact of steep US interest...

Regulator to increase supply of T-bonds in secondary market

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

In a fresh move to increase supply of Treasury bonds in the secondary market, the securities regulator has allowed beneficiary owner (BO) account holders to purchase T-bonds in primary auctions conducted by the central bank. Investors, however, will have to...

Meghna Bank gets four new directors

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

Four new directors have been elected to the board of Meghna Bank Limited. They are Ishmam Raidah Rahman, Aresha Manami Shafiq, Javed Kaiser Ally and Md Mahamudul Alam. Bangladesh Bank has recently approved them as directors on the board of...

SABINCO approves Tk 150m cash div

2023-06-06 00:00:00

The 39th Annual General Meeting (AGM) of Saudi-Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO) was held at its Head Office in Dhaka recently, says a press release. The meeting approved a cash dividend of Tk 150 million for the...

2.5pc surcharge next weapon to make issuers pay dues to Stabilisation Fund

MOHAMMAD MUFAZZAL | 2023-06-06 00:00:00

The securities regulator has asked both the stock exchanges to impose 2.5 per cent monthly surcharge on dividends or other dues that have remained unpaid for more than three years. The deadline is the last day of this month. Surcharge...

Canada home prices set to recover as demand stays strong

2023-06-06 00:00:00

BENGALURU, June 5 (Reuters): Average home prices in Canada are set to fall around 9.0 per cent this year and then rise into 2024 and beyond as buyers bet interest rates have already peaked alongside strong demand for housing, according...

German car sales rise strongly in May

2023-06-06 00:00:00

FRANKFURT, Germany, June 5 (AFP): New car sales in Germany rose strongly again in May as supply chain problems eased, official figures showed Monday, but analysts warned the weakening economy may weigh on the sector.A total of 246,966 new cars...

China's services activity picks up in May on improved demand

2023-06-06 00:00:00

BEIJING, June 5 (Reuters): China's services activity picked up in May, a private-sector survey showed on Monday, as a rise in new orders shored up a consumption-led economic recovery in the second quarter.The Caixin/S&P Global services purchasing managers' index (PMI)...

US services activity eases in May

2023-06-06 00:00:00

WASHINGTON, June 5 (AFP): US services sector activity cooled last month to the lowest level since December, with growth in new orders slowing and employment contracting, according to survey data released on Monday.The Institute for Supply Management (ISM) services index,...

Euro zone business growth slows in May as factories struggle

2023-06-06 00:00:00

LONDON, June 5 (Reuters): Euro zone business activity was shored up last month by the bloc's dominant services industry offsetting a deepening decline in the manufacturing sector, according to a survey which also showed overall price pressures had abated.HCOB's final...

MetLife Bangladesh and Dhaka Bank

2023-06-06 00:00:00

MetLife Bangladesh and Dhaka Bank Limited have announced a first-of-its-kind agreement in the financial sector to provide exclusive benefits to the agents (field forces) of MetLife on a range of Dhaka Bank's retail banking products. As a result, MetLife agents...