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Rain/thunder showers likely today --

2023-10-26 00:00:00

Rain/thunder showers accompanied by temporary gusty wind is likely to occur at one or two places over Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Thursday), according to the Met Office. Weather may remain mainly...

99th birth anniv of Razia Sultana Ispahani observed

2023-10-26 00:00:00

The 99th birth anniversary of Razia Sultana Ispahani was observed at Mirza Ahmed Ispahani High School in Chattogram on Tuesday, says a statement. She was wife of Mirza Mehdi Ispahani, founder of Mirza Ahmed Ispahani High School and mother of...

BD Dairy Development Board Bill, 2023 passed in JS

2023-10-26 00:00:00

The Bangladesh Dairy Development Board Bill, 2023 was passed in Parliament to produce quality milk and milk products, reports UNB.Fisheries and Livestock Minister SM Rezaul Karim moved the Bill and it was passed by voice vote.As per the draft law,...

Country gets 'Zoo Act' for first time

2023-10-26 00:00:00

Any visitors of the zoo will face fines or imprisonment if they irritate and hurt any animals, according to the proposed Zoo Bill-2023 which was passed in Parliament on Wednesday, reports UNB.About Tk 2000 administrative compensation would be collected from...

It's designed to enhance poll time influence: GM Quader

2023-10-26 00:00:00

Jatiya Party Chairman GM Quader on Wednesday alleged that the government wanted to give Ansar battalion members policing powers to increase its influence further in the upcoming national election, reports UNB.In a statement, he also said it is an evil...

President performs official activities

2023-10-26 00:00:00

SINGAPORE, Oct 25 (BSS): President Mohammed Shahabuddin, now undergoing treatment in Singapore National University Hospital, returned to his hotel room from the hospital this morning and performed official activities there."President's health condition is quite good now . . . He...

If BNP's rally peaceful, govt will do nothing, says Kamal

2023-10-26 00:00:00

Home Minister Asaduzzaman Khan on Wednesday said that if the Bangladesh Nationalist Party (BNP) holds their anti-government rally peacefully at a certain place and their people leave accordingly authorities have nothing to do about that, reports UNB."We won't hinder," the...

BNP threatens to hold rally across Dhaka, if denied permission

FE REPORT | 2023-10-26 00:00:00

The Bangladesh Nationalist Party (BNP) has vowed to hold its grand rally in front of Naya Paltan party headquarters on October 28 despite not yet receiving permission from the police.Senior BNP leader Gayeshwar Chandra Roy on Wednesday warned that if...

AL remains alert to resist BNP's anarchy: Quader

2023-10-26 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday said the AL leaders and activists have remained vigilant to resist anarchy of BNP in the country, reports BSS."We will not attack anyone. We have...

India's blue-chips log worst losing streak in nearly eight months

2023-10-26 00:00:00

BENGALURU, Oct 25 (Reuters): Indian shares posted their longest daily losing run in nearly eight months on Wednesday as worries over the intensifying conflict in the Middle East and fluctuations in US bond yields hurt investor sentiment.The NSE Nifty 50...

Asia stocks helped by China spending plan

2023-10-26 00:00:00

HONG KONG, Oct 25 (AFP): Most markets rose Wednesday after China unveiled plans for $137 billion in extra debt to boost infrastructure spending, while oil extended losses on hopes that Israel will scale back its plans for a Gaza ground...

Southeast Bank launched two campaigns virtually

2023-10-26 00:00:00

Southeast Bank Limited launched two campaigns virtually: one dedicated to deposit mobilisation and dormant account activation, and the other focused on retail loan disbursement, named "Retail Star." These campaigns will continue until December 15, 2023. Both campaigns were inaugurated by...

Robi's profit jumps 200pc, on data revenue growth

FE REPORT | 2023-10-26 00:00:00

The country's second largest telecom operator, Robi Axiata reported a whopping 200 per cent year-on-year profit growth for Jan-Sept this year. Its consolidated net profit was Tk 1.72 billion for the nine months, driven by a revenue growth of 17.35...

MTB Foundation presented '13th Bravery and Courage Award'

2023-10-26 00:00:00

MTB Foundation has recently presented its '13th Bravery and Courage Award' to the families of late Abdul Jabbar Sheikh and Rajib Sheikh for protesting against the sexual harassment of a female madrasa student. The incident took place on May 05,...

Heidelberg persists on path of recovery, but with gradual fall in quarterly income

FE REPORT | 2023-10-26 00:00:00

Heidelberg Cement secured a profit of Tk 505.10 million in the nine months to September, a turnaround from a loss of Tk 241.31 million reported for the same period of the previous year. Higher selling prices "compared to the cost...

Apex launches country's largest omnichannel footwear platform

FE DESK | 2023-10-26 00:00:00

Apex, a Bangladesh-based footwear company, has revamped its website (apex4u.com) with enha-nced functionality and a superior user experience, the company said in a statement.All of Apex's stores will be connected to the website, making it the country's largest omnichannel platform.Apex...

Dutch-Bangla Bank achieves profit growth on cheaper cost of funds

FE REPORT | 2023-10-26 00:00:00

Dutch-Bangla Bank (DBBL) gained a marginal profit growth in the first nine months of 2023, taking advantage of inexpensive cost of funds.At a time of interest rate hikes, most banks are having to pay higher interest to depositors, but DBBL...

Nornickel starts sulphur dioxide capture in Russia's most polluted city

2023-10-26 00:00:00

MOSCOW (Reuters): Russian mining giant Nornickel launched a multi-billion dollar project on Wednesday aimed at reducing sulphur dioxide emissions by 45% in Norilsk, Russia's most polluted city, through a complex capture programme.Nornickel, the world's largest palladium producer and a major...

Zara-owner Inditex to buy recycled polyester from US start-up

2023-10-26 00:00:00

MADRID/LONDON, Oct 25 (Reuters): Zara-owner Inditex, the world's biggest clothing retailer, has agreed to buy recycled polyester from a US start-up as it aims for 25 per cent of its fibers to come from "next-generation" materials by 2030.As fast-fashion retailers...

Essar plans regional hub in S Arabia

2023-10-26 00:00:00

RIYADH, Oct 25 (Reuters): Indian conglomerate Essar Group plans to make Saudi Arabia a hub to drive its expansion locally and regionally, its chief executive Prashant Ruia said on Wednesday.The group, built by brothers Shashi and Ravi Ruia, is setting...

Weak euro zone lending adds to recession fears

2023-10-26 00:00:00

FRANKFURT, Oct 25 (Reuters): Bank lending across the euro zone came to a near standstill last month, European Central Bank data showed on Wednesday, providing further evidence that the 20-nation bloc was skirting a recession.Growth indicators from industrial output data...

China's bonds to 'help economic recovery'

2023-10-26 00:00:00

BEIJING, Oct 25 (Reuters): China's new sovereign bonds will help bolster the economic recovery, China's vice finance minister Zhu Zhongming said on Wednesday, as the government's stepped-up fiscal stimulus sharply raises its budget deficit.China's top parliament body has approved a...

IDLC Shariah Fund meeting held -

2023-10-26 00:00:00

The 15th Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held on Monday, with Maulana Sayed Kamaluddin Abdullah Zafree in the Chair, says a press release. Board members Dr. Syed Muhammed...

Swiss Ambassador Reto Siegfried Renggli calls on Commerce Minister

2023-10-26 00:00:00

Swiss Ambassador Reto Siegfried Renggli calls on Commerce Minister Tipu Munshi at his ministry office in Dhaka on Wednesday. — Focus Bangla

Ariful new chairman of IPDC Finance Limited

2023-10-26 00:00:00

IPDC Finance Limited has appointed Ariful Islam as the Chairman of its Board of Directors. The decision was made at the 213th meeting of the Board of Directors recently, says a press release.Mr. Islam is a seasoned professional with over...

Customers who recharged the highest amount from bKash to Grameenphone numbers won coupons

2023-10-26 00:00:00

Customers who recharged the highest amount from bKash to Grameenphone numbers won coupons for motorbike, AC, television, Dhaka-Bangkok-Dhaka and Dhaka-Cox's Bazar-Dhaka tour. Besides, 500 highest recharging customers have received cashback ranging between Tk 100 and Tk 50,000 every day during...

Dhaka Bank Ltd gave away prizes

2023-10-26 00:00:00

Dhaka Bank Ltd gave away the prizes of the 'Dhaka Bank Spend & Win Big-ICC Men's Cricket World Cup 2023' campaign, which was jointly organised by the bank and Mastercard. The 5-day card usage campaign ended on October 16. Emranul...

First Security Islami Bank PLC celebrated 24th anniversary

2023-10-26 00:00:00

First Security Islami Bank PLC celebrated its 24th anniversary at a simple ceremony at its Head Office in Dhaka on Wednesday. Managing Director of the bank Syed Waseque Md. Ali, Additional Managing Directors Abdul Aziz and Mumammad Mustafa Khair, Deputy...

Govt to import spot LNG, wheat, fertiliser

FE REPORT | 2023-10-26 00:00:00

The government on Wednesday approved proposals for importing liquefied natural gas (LNG) from spot market, wheat, fertiliser, and the procurement of electric poles, among others. The cabinet committee on government purchase approved the proposals at its virtually held meeting, with...

Starbucks launches smaller cup size in China

2023-10-26 00:00:00

BEIJING, Oct 25 (Reuters): US coffee chain Starbucks has rolled out a new smaller cup size in China, its second largest market, in an aim to attract customers as competition in the country intensifies.Rolled out across its 6,500 stores last...