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FM urges Bangladeshi diaspora to counter propaganda with facts

2023-09-26 00:00:00

Foreign Minister (FM) Dr AK Abdul Momen has called upon the Bangladeshi diaspora to play an active role for the country, urging them to counter misinformation and propaganda with facts and figures, reports UNB.He also praised their role in connecting...

Chief Justice rails against US visa policy on his last working day

2023-09-26 00:00:00

Outgoing Chief Justice Hasan Foez Siddique has said the country became independent at the cost of blood and not at the mercy of anyone, reports UNB."Those who had opposed at the time of independence are also opposing now. So we...

Adilur, Nasiruddin appeal against jail sentence

FE REPORT | 2023-09-26 00:00:00

Rights body Odhikar's Secretary Adilur Rahman Khan and its Director ASM Nasiruddin Elan on Monday filed appeal petition with the High Court against their jail sentence in a case filed under Section 57 of Information and Communication Technology (ICT) Act....

BD’s 1.1m dementia cases may soar to 2.4m by 2041

JU CORRESPONDENT | 2023-09-26 00:00:00

There are at least 1.1 million people in Bangladesh suffering from dementia - a general term for loss of memory, language, problem-solving, and other thinking abilities. The caseload may increase to 2.4 million by 2041, according to public health activists...

Doa mahfil seeking early recovery of Khaleda held

FE REPORT | 2023-09-26 00:00:00

BNP leaders said on Monday the government must take the responsibility if anything untoward happens to ailing Khaleda Zia.BNP standing committee member Mirza Abbas said Khaleda Zia is seriously ill and she immediately needs to go abroad for liver transplant....

Govt has nothing to do about Khaleda's treatment abroad

2023-09-26 00:00:00

Law Minister Anisul Huq has said the government has nothing to do about BNP Chairperson Khaleda Zia's treatment abroad considering the legal aspect, reports UNB. "I have told it earlier that the BNP chief got the conditional release as per...

Govt annulled caretaker govt provision to remain in power: Fakhrul

FE REPORT | 2023-09-26 00:00:00

Bangladesh Nationalist Party (BNP) said on Monday that the government was destroying country's politics in a planned way. "You (people) should remember that Awami League was in power in 1975 and Sheikh Mujibur Rahman was the prime minister and president....

Shun 'negative politics' within 36 days

2023-09-26 00:00:00

The Awami League (AL) has issued a 36-day ultimatum to BNP to leave the path of negative politics on Monday, reports UNB. "Within 36 days, BNP should leave its arson terrorism, sabotage and conspiring against the democracy, otherwise people will...

Big media rallies on signs of end to Hollywood writers' strike

2023-09-26 00:00:00

Hollywood studios heaved a sigh of relief on Monday as a tentative deal with striking screenwriters raised hopes of business returning to normal after five months of disruption, reports Reuters.Those expectations lifted the shares of studio owners Warner Bros Discovery,...

Global shares drop, dollar rises ahead of make-or-break inflation data

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Global shares fell on Monday, extending last week's slide as central banks reinforced the message that interest rates would stay higher for longer, while investors braced for high-stakes US inflation data on Friday.Last week brought a...

Hong Kong crypto firm hit by $200m hack

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Hackers stole around $200 million from crypto firm Mixin early on Saturday, the company said on social media platform X on Monday, in what researchers say is the largest crypto theft so far this year.Mixin, which...

ICB HOLDS STAKEHOLDERS' MEETING

2023-09-26 00:00:00

With a view to establishing good governance, Investment Corporation of Bangladesh (ICB) and its three subsidiaries -- ICB Capital Management Ltd, ICB Asset Management Company Ltd and ICB Securities Trading Company Ltd -- held a stakeholders' meeting at a hotel...

CHARTERED LIFE HOLDS AGM

2023-09-26 00:00:00

Chartered Life Insurance Company Limited held its 10th Annual General Meeting, the first since it became a public listed company, virtually on Monday. Director of the company Md Noor Ali presided over the AGM. It approved 2 per cent cash...

UNION BANK OPENS NOBODOY SUB-BRANCH

2023-09-26 00:00:00

Deputy Managing Director of Union Bank Limited Shafiuddin Ahmed along with other guests inaugurated Nobodoy Sub-Branch of the bank at Adabor in Dhaka as the chief guest through videoconferencing from its Head Office at Gulshan recently.

Matiur Rahman elected BTMA Director

2023-09-26 00:00:00

Chairman and Managing Director of Uttara Group of Companies Matiur Rahman has been elected a director of the Bangladesh Textile Mills Association (BTMA) unopposed for the terms of 2023-24 and 2024-25, says a press release.Mr. Rahman is actively involved in...

Tourism Day festival begins tomorrow

2023-09-26 00:00:00

A four-day 'Bangladesh Festival' will be held in the capital on September 27-30 to showcase the country's tourism products and services, reports BSS. "This festival will be a platform to showcase all untapped tourist attractions of Bangladesh to boost the...

Minori to lend support to Emerald to produce oil at a third company

FE REPORT | 2023-09-26 00:00:00

Emerald Oil and Minori Bangladesh have come up with working capital to produce rice bran oil at the factory of Jamuna Edible Oil Industries to boost profits.As per an agreement, Minori Bangladesh, owner of Emerald Oil, will provide working capital...

Alif Industries to merge with Alif Manufacturing

FE REPORT | 2023-09-26 00:00:00

Alif Industries is going to merge with Alif Manufacturing Company as the board of directors of both companies unanimously approved of the decision of amalgamation.Both are concerns of Alif Group and are listed on the Dhaka Stock Exchange and the...

Investors forging a way to bypass floor price to encash assets

FARHAN FARDAUS | 2023-09-26 00:00:00

Mohammad Juel Rana [not the real name] grew impatient as he could not encash his stock investments even in three months in absence of buyers. Having been cash-strapped for a while, he called up his broker to inquire if there...

All new models coming to Europe will be fully electric

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Nissan Motor Co said on Monday that as of now all new models it launches in Europe will be fully electric and it plans to sell only electric vehicles on the continent by 2030."There is no...

China bans Nomura senior investment banker

2023-09-26 00:00:00

HONG KONG, Sept 25 (Reuters): Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm's investment banking operations there not to leave the mainland, two sources with knowledge of the matter said.The ban comes as concerns grow...

Goldman, HSBC join forces with other banks on client disclosures

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Goldman Sachs and HSBC are among a group of five banks adopting a common global approach to disclosing clients' stock positions, a move which participants say could help cut costs and bolster transparency.The group, which also...

NCC BANK PROVIDES AGRI INPUTS TO FARMERS

2023-09-26 00:00:00

NCC Bank has distributed agricultural materials (seeds, fertiliser & pesticides) free of cost among 1,155 marginal farmers at Nangolkot, Cumilla Sadar and Gouri upazilas of Cumilla recently as part of its corporate social responsibility. Chairman of Nangolkot upazila Md Shamsuddin...

BANK ASIA HOLDS 'AGENT BUSINESS MEET'

2023-09-26 00:00:00

Bank Asia Limited organised a daylong 'Agent Business Meet-2023' at Bangladesh Academy for Rural Development (BARD) in Cumilla recently. Chairman of the bank Rumee A Hossain was present as the chief guest and Chairman of Board Risk Management Committee Prof....

ICCB WORKSHOP ON 'COMBATING FINANCIAL CRIMES'

2023-09-26 00:00:00

ICC Bangladesh organised a daylong workshop on 'Combating Financial Crimes: Means, Ways & Redress' in Chattogram on Saturday. A total of 58 participants, including 50 from 20 banks, four from KAFCO and four clients of Eastern Bank, attended the workshop....

Nagad pivots towards meeting all your banking needs

FE REPORT | 2023-09-26 00:00:00

Nagad, the country's leading mobile financial service provider, is on the cusp of setting up the much-hyped digital bank, promising to redefine convenience and accessibility in financial services.With all necessary preparations already done, the MFS operator is now waiting for...

Saudi economy joins trillion dollar club

2023-09-26 00:00:00

RIYADH, Sept 25 (Arab News): Saudi Arabia has reached a significant milestone as its gross domestic product crossed the coveted 1 trillion-dollar mark for the first time, revealed the umbrella body of the Kingdom's business community. The Federation of Saudi...

Hortex unveils value chain strategy

FE REPORT | 2023-09-26 00:00:00

Hortex Foundation has unveiled an ambitious five-year strategy aimed at fortifying value and cool chains to propel exports through enhancing quality and consumer satisfaction of fresh agro-products.It aimed at developing value chains, a comprehensive approach that involves improving quality of...

US cotton GSP prospect 'could boost apparel exports by $800m a year'

FE REPORT | 2023-09-26 00:00:00

A potential US Generalised System of Preference (GSP) for duty-free facility to apparel made of American cotton can immensely increase imports of cotton from the USA and exports from Bangladesh.Such a move can trigger additional apparel export earnings up to...

India could sell more wheat in open market to calm prices

2023-09-26 00:00:00

NEW DELHI, Sept 25 (Reuters): The Indian government could sell more wheat on the open market to control prices that have reached their highest in nearly eight months, the country's food secretary said on Monday.India, the world's second-biggest producer and...