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Saiful Islam new DMD of Shahjalal Islami Bank

FE DESK | 2023-05-31 00:00:00

Prominent Banker M M Saiful Islam joined Shahjalal Islami Bank Limited as deputy managing director (DMD) on Monday. Prior to joining Shahjalal Islami Bank, he served Al-Arafah Islami Bank Limited as senior executive vice president and head of corporate investment,...

Mercantile Bank aims to strengthen footprint by balancing risk & profit

JUBAIR HASAN | 2023-05-31 00:00:00

Mercantile Bank Limited (MBL) plans to further strengthen its footprint in the banking industry through up-skilling human resources while maintaining a balance between risks and profits, said the bank's Managing Director (MD) and Chief Executive Officer (CEO) Md. Quamrul Islam...

Kohinoor Chemicals rides on brand value to take the lead among peers

BABUL BARMAN | 2023-05-31 00:00:00

Kohinoor Chemicals stands out among six chemical manufacturers by securing a growth in profit in the nine months to March while the rest either saw profit decline or endured a loss. The success story of Kohinoor is a very predictable...

FSIBL opens two agent banking outlets

2023-05-31 00:00:00

First Security Islami Bank Ltd. inaugurated two agent banking outlets at Jirongacha Bazar in Kaliganj, Satkhira, and at Shahbazpur Bazar in Barlekha, Moulvibazar, on Tuesday. Abdul Aziz, Additional Managing Director of the bank, inaugurated the outlets through videoconferencing.

Shimanto Bank's contribution to PM's Education Assistance Trust

2023-05-31 00:00:00

Shimanto Bank has contributed 5 per cent of its CSR budget for 2023 to the Prime Minister's Education Assistance Trust recently. Rafiqul Islam, Managing Director & CEO of the bank, handed over a cheque to Smrity Karmaker, Managing Director (Additional...

Goods up for CCH auction on Jun 8

OUR CORRESPONDENT | 2023-05-31 00:00:00

CHATTOGRAM, May 30: The Chattogram Customs House (CCH) called an auction for the public sale of 121 types of goods to clear the jetties of Chittagong seaport.The auction will be held on June 08.Sources said the CCH would hold an...

BTMA urges exporters to source yarn locally

FE REPORT | 2023-05-31 00:00:00

Leaders of the country's primary textile mills requested the ready-made garment (RMG) exporters on Tuesday to source yarn from local market through opening back-to-back letters of credit (L/Cs) to help the backward linkage industry, which has unsold stock of yearn,...

Refiners seek specific duty on sugar import

REZAUL KARIM | 2023-05-31 00:00:00

Local refiners have demanded that the government withdraw all duties on sugar import and instead introduce specific duty per tonne as the price of the commodity is soaring in the local market.The Bangladesh Sugar Refiners Association (BSRA) on May 29...

Covid: Top Chinese scientist says don't rule out lab leak

2023-05-31 00:00:00

BEIJING, May 30 (BBC): The possibility the Covid virus leaked from a laboratory should not be ruled out, a former top Chinese government scientist has told BBC News.As head of China's Centre for Disease Control (CDC), Prof George Gao played...

News in Brief (2023-05-31)

2023-05-31 00:00:00

China declines meeting with USdefense chief: PentagonWASHINGTON, May 30: Beijing has declined a US invitation for a meeting in Singapore between Defense Secretary Lloyd Austin and his Chinese counterpart Li Shangfu, the Pentagon said. "Overnight, the PRC informed the US...

Israelis revive West Bank settlement

2023-05-31 00:00:00

BURQAH, May 30 (AFP): Israelis started reviving a flashpoint outpost settlement in the occupied West Bank on Monday, AFP journalists said, constructing a building at the site which has drawn international attention.Using a truck, diggers and an earth roller, work...

Sudan truce extended by 5 days

2023-05-31 00:00:00

KHARTOUM, May 30 (AFP): The United States and Saudi Arabia said late Monday that a humanitarian truce, repeatedly violated by warring sides in Sudan, has been extended by five days.The mediators "welcome agreement by the Sudanese Armed Forces and the...

Ukraine launches biggest drone attack on Moscow

2023-05-31 00:00:00

MOSCOW, May 30 (Reuters): Ukraine launched its biggest ever drone attack on Moscow on Tuesday but air defences destroyed all eight of the drones, bringing the 15-month war in Ukraine to the heart of the Russian capital.Drone attacks deep inside...

Imran gets bail on new charge of abetting violence

2023-05-31 00:00:00

ISLAMABAD, May 30 (Reuters): Pakistani former prime minister Imran Khan was on Tuesday granted bail on a new charge of abetting violence against the military by his protesting supporters after he was arrested and detained on May 9 in a...

Man City set to earn whopping £270m if they complete treble

2023-05-31 00:00:00

Another Premier League season has drawn to a close with more than £2.5 billion in prize money and broadcast revenue being split between the 20 clubs.Champions Manchester City received more than £160 million for completing the first part of a...

Dhoni looks to return to IPL next year

2023-05-31 00:00:00

AHMEDABAD, India, May 30 (AFP): Indian cricket superstar M.S. Dhoni said he will look to return for the next IPL season after he led Chennai Super Kings to a record-equalling fifth title over Gujarat Titans in what many believed to...

Mohammedan win Federation Cup title after 14 years

2023-05-31 00:00:00

Mohammedan Sporting Club finally broke the jinx as they won the title of Federation Cup Football after 14 years. They beat their arch-rival Abahani Limited by 4-2 goals in penalty shootout in the nerve-wrecking final at Shaheed Dhirendranath Datta Stadium...

Worker dies at Ctg ship breaking yard

OUR CORRESPONDENT | 2023-05-31 00:00:00

CHATTOGRAM, May 30: A worker of a ship breaking yard was killed and another was injured in an accident at Sitakunda in Chattogram on Monday. The deceased was identified as Mohammed Shahab Uddin, a worker of Four Star Ship Breaking...

Tangail, Bhola road accidents kill three

2023-05-31 00:00:00

A total of three people were killed in separate road accidents in Tangail and Bhola districts on Tuesday, reports BSS.In Tangail, a woman and her daughter were killed and her husband was injured as a covered van entered their house...

Four children drown in Chuadanga, Rajshahi ponds

2023-05-31 00:00:00

A total of four children drowned in separate incidents in Chuadanga and Rajshahi districts on Tuesday, report agencies.In Chuadanga, two minor boys drowned in a water body in Damurhuda upazila of Chuadanga district on Tuesday noon.The deceased were identified as...

Joint water resource management being implemented in Rajshahi Barind region

2023-05-31 00:00:00

RAJSHAHI, May 30 (BSS): Integrated water resource management method is being promoted as special initiatives in the vast high Barind tract aimed at reducing its existing water-stressed condition.Swiss Red Cross has been implementing the project titled 'Integrated Water Resource Management...

Budget FY24 and the exchange rate-inflation connection

Zaidi Sattar | 2023-05-31 00:00:00

The FY2024 Budget is almost there, to be signed, sealed, and delivered. Yet, the scope for some adjustments here and there remains until final approval by the Parliament, which is expected to happen around the last week of June. For...

Living closer to green space

2023-05-31 00:00:00

Stroke is a leading cause of death in Bangladesh. The best way to help prevent a stroke, however, is to follow a healthy lifestyle. These lifestyle changes can reportedly reduce the risk of problems like stroke and cardiac issues. Scientists...

Keep paper price under control

2023-05-31 00:00:00

The prices of education materials, especially all kind of papers, are increasing alarmingly in Bangladesh. In just a span of one year, the prices of paper have become more than double in the local market. It has created an additional...

Challenging time for economy

Syed Mansur Hashim | 2023-05-31 00:00:00

Bangladesh economy is facing a trial by fire. Multiple issues are taking a toll on it, particularly the seemingly unstoppable food inflation that is taking a toll on the majority people. The inward foreign remittance and export earnings have remained...

Role of repair and maintenance in scaling up economy

M Rokonuzzaman | 2023-05-31 00:00:00

Irrespective of the development status, every country shows increasing consumption of technology products. But in less developed countries this has resulted in growing imports. These countries have been using their foreign currency earned through labour and natural resource export to...

Agents to help file tax returns

2023-05-31 00:00:00

Meeting each financial year's revenue earning target has traditionally been a huge challenge before the country's top tax administrator, the National Board of Revenue (NBR). Of a host of factors that lie behind non-fulfilment of the revenue targets, non-payment of...

Are we aware of the time we waste on social media?

AHNAF TAHMID FAHID | 2023-05-31 00:00:00

Social media has become essential to our daily lives, providing a platform for us to interact, share, and discover. However, the growing amount of time we spend on social media platforms raises worries about its influence on our everyday lives....

What's in a name ?

SAUME SAPTAPARNA NATH | 2023-05-31 00:00:00

Imagine you have a friend named Sadia or Sadman Sakib, and you call them by their names in the crowded New Market Avenue. Just pause and think how many people will respond to these names! We are familiar with at...

NBR officer first among overseas trainees

FE REPORT | 2023-05-30 12:00:00

An official of the National Board of Revenue (NBR) ranked first among overseas fellows in the 2022-23 JETRO-IDEAS training programme.Md Tarek Mahmud, NBR deputy director, Central Intelligence Cell, participated in the training of the Institute of Deve-loping Economies Advan-ced School...