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Foundation stone laying ceremony of ITC Tower

2023-10-03 00:00:00

The foundation stone laying ceremony of ITC Tower took place at Tejgaon I/A, marking a significant milestone in the journey of IT Consultants Limited (ITC). Chairman of Labib Group and Vice Chairman of IT Consultants Limited Salahuddin Alamgir was present...

Day-long free eye camp organised by LafargeHolcim Bangladesh in association with Rotary Club Sylhet City

2023-10-03 00:00:00

A day-long free eye camp was organised by LafargeHolcim Bangladesh Limited (LHBL) in association with Rotary Club Sylhet City (RCSC) at LHBL's Chhatak plant for the local communities. The eye camp was inaugurated by Asif Bhuiyan, chief corporate affairs officer,...

Bengal Cement organised "Partners' Meet 2023"

2023-10-03 00:00:00

Bengal Cement organised a "Partners' Meet 2023" at a city hotel on Sunday. Chairman of Bengal Group of Industries Morshed Alam, MP, was present at the function as the chief guest while Vice Chairman of Bengal Group of Industries Bilkish...

55th Board and 74th Bi-monthly Meeting of PDBL held

2023-10-03 00:00:00

The 55th Board of Directors and 74th Bi-monthly Meeting of Primary Dealers Bangladesh Limited (PDBL) was held at a city hotel on Sunday. The meeting was organised by Janata Bank PLC. PDBL Chairman and Sonali Bank Limited Managing Director and...

FBCCI Research Centre starts its journey

2023-10-03 00:00:00

The FBCCI Innovation and Research Centre officially started its journey on Sunday, reports UNB.Prime Minister's Private Industry and Investment Adviser Salman F Rahman inaugurated the centre as the chief guest. This Initiative of FBCCI, the apex trade body of the...

Southeast Bank signed MoU with Akter Properties

2023-10-03 00:00:00

Southeast Bank Limited has signed a memorandum of understanding (MoU) with Akter Properties Ltd. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, and Md Akter Biswas, managing director and CEO of Akter Properties, signed the deal, under which Akter...

MTB Foundation teams up with ActionAid to help indigenous people

FE DESK | 2023-10-03 00:00:00

MTB Foundation has recently entered into an agreement with ActionAid International Bangladesh Society for a project titled 'Community Strengthening Project for Indigenous Community in Bandarban'.The collaborative effort aims to bring about positive transformation in the lives of marginalised indigenous communities...

City Bank wins ITFC Award for Shariah financing

FE DESK | 2023-10-03 00:00:00

City Bank has recently received the 'ITFC Trade Finance Deal of the Year' award from the International Islamic Trade Finance Corporation (ITFC) -- a member of the Islamic Development Bank (IsDBG) Group.City Bank is the first bank to have won...

Intech crushed under a pile of losses for ‘fictitious assets’ shown by former board

FE REPORT | 2023-10-03 00:00:00

Nearly two years after the new management took over Intech, it made earnings disclosure for FY22 to the despair of shareholders. The IT firm said it made a loss of Tk 36 million in the year for having to comply...

Regulator to take action if brokers do not use tamper-proof software

FE REPORT | 2023-10-03 00:00:00

The exchanges must ensure by March 2024 that brokers deploy back-office software that cannot be tampered with, said the securities regulator. If TREC (trading right entitlement certificate) holders of the bourses do not do so within the given time, they...

China new home prices tick up in Sept, ending four-month decline: Survey

2023-10-03 00:00:00

SHANGHAI, Oct 2 (Reuters): China's new home prices rose slightly in September, breaking a four-month decline, data showed on Sunday, as developers sped up launches to take advantage of a recent slew of support measures.Prices rose 0.05 per cent on...

Japan puts brakes on lucrative used-car trade with Russia

2023-10-03 00:00:00

TOKYO, Oct 02 (Reuters): Japan's move to bar most used-car sales to Russia slammed the brakes on a trade nearing $2 billion annually that had boomed in the shadow of sanctions over Ukraine elsewhere, according to trade data and market...

EU factory activity stuck in steep downturn

2023-10-03 00:00:00

LONDON, Oct 2 (Reuters): Euro zone manufacturing activity remained mired in a deep and broad-based downturn last month, according to a survey which showed on Monday that demand kept shrinking at a pace rarely surpassed since the data was first...

NCC BANK DISTRIBUTES AGRI INPUTS -

2023-10-03 00:00:00

As part of its corporate social responsibility, NCC Bank distributed agricultural materials free of cost among 500 marginal farmers of Kushtia on Saturday in order to increase agricultural production. Deputy Commissioner of Kushtia Md Ehetsham Reza attended the ceremony as...

IBTRA organised workshop on 'Auditing for achieving excellence in banking operations'

2023-10-03 00:00:00

Islami Bank Training and Research Academy (IBTRA) organised a workshop on 'Auditing for achieving excellence in banking operations' on Monday at Islami Bank Tower. Mohammed Monirul Moula, Managing Director & CEO of the bank, inaugurated the workshop as the chief...

Adani to build 10 GW solar manufacturing capacity by 2027

2023-10-03 00:00:00

BENGALURU, Oct 02 (Reuters): India's Adani Group plans to build 10 gigawatts (GW) of integrated solar manufacturing by 2027, more than double its current capacity, the Economic Times reported, citing news agency PTI.The conglomerate owned by Indian billionaire Gautam Adani...

South Asian telecom regulators' conference begins in city today

FE REPORT | 2023-10-03 00:00:00

The 24th conference of the South Asian Telecommunication Regulators Council (SATRC-24) is set to begin in Dhaka today (Tuesday) to discuss regulatory and other related issues of the telecommunication and ICT sector.Bangladesh Telecommunication Regulatory Commission (BTRC) and Asia-Pacific Telecommunication Community...

BB to form Escrow committee with e-commerce stakeholders

2023-10-03 00:00:00

Bangladesh Bank (BB) has taken an initiative to form an Escrow implementation committee with the inclusion of e-commerce stakeholders in order to oversee the newly introduced Escrow Service. This development was revealed at a meeting between the central bank and...

Malaysia moves to tame rice prices

2023-10-03 00:00:00

KUALA LUMPUR, Oct 02 (Reuters): Malaysia on Monday announced a subsidy and other measures to try to cool rice prices amid concern over rising costs and supply shortages.Countries across Asia have seen lower supplies and climbing prices for rice in...

Gold at 7-month low on surging dollar

2023-10-03 00:00:00

Gold fell 1 per cent on Monday, starting the last quarter of the year languishing near seven-month lows as a stronger US dollar and prospects of interest rates staying higher for longer eroded bullion's appeal, reports Reuters.Spot gold was down...

Asia's crude oil imports slip in Sept as price hike bites

2023-10-03 00:00:00

LAUNCESTON, Australia, Oct 02 (Reuters): Asia's crude oil imports slipped for a second consecutive month in September as refinery maintenance trimmed demand and the impact of higher prices started to weigh.The world's top importing region saw arrivals of 24.95 million...

Beckham reveals 1998 World Cup red card still hurts

2023-10-03 00:00:00

LONDON, Oct 02 (AFP): David Beckham has laid bare the lingering pain he felt he caused to his family following the red card he received at the 1998 World Cup, saying his dismissal left him a "mess".The revelation is contained...

Medvedev, Swiatek both through at China Open

2023-10-03 00:00:00

BEIJING, Oct 02 (AFP): World number three Daniil Medvedev booked his place in the China Open men's semi-finals with a 6-4, 3-6, 6-1 victory over France's Ugo Humbert in Beijing on Monday.An error-strewn first set saw a combined five breaks...

Deshi Ballers, a female-led sports development organisation

2023-10-03 00:00:00

Deshi Ballers, a female-led sports development organisation, promoting women's basketball in Bangladesh, observed their 5th year through a basketball tournament in the banner of "5 Year Legacy Hoopfest Powered by IUB". The two-day tournament hosted by Independent University, Bangladesh (IUB)...

Shakib '100pc fit', set to play against Afghanistan

2023-10-03 00:00:00

Shakib Al Hasan is "100 per cent fine" and "will be available" for Bangladesh's first match of the ODI World Cup proper, against Afghanistan on October 07 in Dharamsala, said Najmul Hossain Shanto, the team's stand-in captain for the warm-up...

BD wrap up with humiliating 0-12 goals defeat to India

2023-10-03 00:00:00

Bangladesh Men's Hockey team completed the 12-nation 19th Asian Games Men's Hockey assignment with a humiliating 0-12 goals defeat to India in their last Pool A match at the Gongshu Canal Sports Park Stadium in Hangzhou on Monday, reports UNB.Bangladesh...

Bangladesh Men win against Japan, Women lose to Nepal

2023-10-03 00:00:00

Former silver medalist of Asian Games Bangladesh Men's Kabaddi team made a flying start in the 19th Asian Games Kabaddi outplaying Japan by 52-17 points in Group A opener at Court-1 of the Xiaoshan Guali Sports Center in Hangzhou on...

Woman held with 205 gram heroin in C'nawabganj

2023-10-03 00:00:00

CHAPAINAWABGANJ, Oct 02 (BSS): Members of Rapid Action Battalion (RAB) arrested a woman with 205 grams of heroin from Chapainawabganj sadar upazila on Sunday afternoon.The arrested woman was identified as Mst. Lusiara Begum, 45 of Sarjon Mohipur under Chapainawabganj sadar...

12-year-old crushed under truck in Magura

2023-10-03 00:00:00

MAGURA, Oct 02 (UNB): A sixth grader was crushed to death under the wheels of a truck and another was injured at Vabanhati in Magura on Sunday.The deceased, Shakib Hossain, 12, was a resident of Sadar upazila's Kapashati village, and...

Eight rivers in southern region flowing above danger mark

2023-10-03 00:00:00

BARISHAL, Oct 02 (UNB): Due to the full moon and onrush of water from upstream, water of eight rivers in the southern region of the country is flowing above the danger mark. In addition, the water of several other important...