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PM pays tribute to Bangabandhu on Six-Point Day

2024-06-08 00:00:00

Prime Minister (PM) Sheikh Hasina paid tribute to Father of the Nation Bangabandhu Sheikh Mujibur Rahman on Friday on the occasion of the historic Six-Point Day, reports UNB.The premier placed a wreath at the portrait of Bangabandhu in front of...

China exports jump in May but imports slow

2024-06-08 00:00:00

BEIJING, June 7 (AFP): China's exports accelerated far more than expected in May but imports slowed, official figures showed Friday, infurther evidence of an uneven recovery for the world's number two economy.Overseas shipments surged 7.6 percent on-year in dollar terms,...

India central bank holds rates as inflation risks linger -

2024-06-08 00:00:00

MUMBAI, June 7 (AFP): India's central bank kept interest rates unchanged for the eighth time in a row on Friday, as inflation risks continue to linger in the world's fifth-largest economy.The Reserve Bank of India (RBI) said its benchmark repo...

Sharif Zahir new chairman of NFL, Maruf Akter VC

FE REPORT | 2024-06-08 00:00:00

Sharif Zahir has been elected chairman of the National Finance Ltd (NFL) and Maruf Akter Mannan vice chairman (VC) during the financial institution's 207th board meeting held recently.Sharif Zahir is the managing director of Ananta Group Ltd, a prominent name...

SADHARAN BIMA LAUNCHES FDR MANAGEMENT SOFTWARE

2024-06-08 00:00:00

Chairman of the Board of Directors of Sadharan Bima Corporation (SBC) Dulal Krishna Saha inaugurated 'SBC FDR Management System' software at the SBC Training Centre in Dhaka on Thursday. The software was developed by Sheikh Sadia Hasan, an assistant programmer...

Committed to making migration from BD safer: Italian envoy

2024-06-08 00:00:00

Italian Ambassador to Bangladesh Ambassador Antonio Alessandro has said visa applications accompanied by fake documents and illegal practice of paying hefty amount of money to middlemen are among the reasons that create problem in making smooth migration from Bangladesh to...

GPH to bear maintenance cost of 10 Ctg school buses

OUR CORRESPONDENT | 2024-06-08 00:00:00

CHATTOGRAM, June 07: GPH Ispat Limited has signed a Memorandum of Understanding (MoU) with Bangladesh Road Transport Corporation (BRTC) over bearing maintenance cost of the 10 smart school buses donated by the Prime Minister for Chattogram.BRTC Sub-depot Manager Zulfikar Ali...

Commoners in Ctg fear price escalation

NAZIMUDDIN SHYAMOL | 2024-06-08 00:00:00

CHATTOGRAM, June 07: Ordinary people in Chattogram are not bothered about the 2024-25 fiscal budget, but what concerns them is the price hike of commodities and rampant corruption in projects.The spending power of the common people has been decreasing under...

Global equity funds see robust weekly inflows

2024-06-08 00:00:00

Global investors returned to equity funds in the seven days to June 5, powered by optimism that major central banks would cut interest rates as inflation moderated, while a drop in US bond yields also lifted risk sentiment, reports Reuters.Investors...

Indian stocks recover from election slump to end at record level

2024-06-08 00:00:00

BENGALURU, June 7 (Reuters): Indian benchmarks closed at record highs on Friday, erasing election-day-related losses, on domestic inflows, political continuity and a projection of faster economic growth.The NSE Nifty 50 ended 2.05 per cent higher at 23,290.15 points while S&P...

Md Abul Hossain, congratulated Md Mohsin Chowdhury

2024-06-08 00:00:00

Md Abul Hossain, Managing Director of ICB, has recently congratulated Md Mohsin Chowdhury with a bouquet on his being appointed a Commissioner of Bangladesh Securities and Exchange Commission. Mahmuda Akhter, Chief Executive Officer of IAMCL, was also present.

UCB HOLDS TRAINING FOR AGRI ENTREPRENEURS IN MEHERPUR

2024-06-08 00:00:00

United Commercial Bank PLC (UCB) held a daylong training at the Shilpakala Academy Auditorium in Meherpur on Thursday to improve the skills of entrepreneurs working in the agriculture, livestock and fisheries sectors. A total of 135 entrepreneurs from three upazilas...

Techno Drugs IPO opens tomorrow

FE REPORT | 2024-06-08 00:00:00

The initial public offering (IPO) of Techno Drugs is set to open for subscription tomorrow (Sunday), aiming to raise Tk 1 billion from the stock market under the book-building method.General investors can apply for IPO shares through electronic subscription system...

Stocks extend losses amid cautious trading

FE REPORT | 2024-06-08 00:00:00

Stocks extended their losses for a fourth straight week, but marginally, as investors were mostly watchful throughout the week ahead of the national budget placed in parliament on Thursday.DSEX, the key index of Dhaka Stock Exchange (DSE), shed only 14.64...

Towards the precipice

IG Chowdhury | 2024-06-08 00:00:00

In our younger years there was a television serial titled Logan's Run. Logan was a fugitive in tomorrow's world as he had turned 27. He was now expected to make room for the young, as the planet was over-populated. But...

Cattle farms defy all odds to provide for country

Nilratan Halder | 2024-06-08 00:00:00

Gone are the days when the Muslims with means willing to sacrifice animals had to wait anxious moments for days before the Eid-ul-Azha. Cattle brought in---legally or illegally --- from neighbouring India and Myanmar primarily decided the supply of sacrificial...

News in Brief-2024-06-08

2024-06-08 00:00:00

UN chief says 'deeply concerned' over escalating Myanmar violenceUNITED NATIONS, June 07: UN chief Antonio Guterres said Thursday he was "deeply concerned" by escalating violence in Myanmar, including reports of the military killing scores of civilians as it battles opponents...

'Up to 100' feared dead in Sudan village attack

2024-06-08 00:00:00

PORT SUDAN (Sudan), June 07 (AFP): A paramilitary attack on a central Sudan village has killed "up to 100" people, a local pro-democracy activists' committee said Thursday.The Rapid Support Forces (RSF), which have been at war with the regular army...

Global warming accelerating at 'unprecedented' pace: Study

2024-06-08 00:00:00

PARIS, June 07 (AFP): Global warming has accelerated at an "unprecedented" pace as the window to limit rising temperatures within internationally-set targets closes, over 50 leading scientists warned in a study published on Wednesday.Looking at decade averages, temperatures climbed 0.26...

China strongly opposes US arms sales to Taiwan, urges withdrawal

2024-06-08 00:00:00

BEIJING, June 07 (Reuters): China is strongly opposed to US arms sales to Taiwan and urges Washington to withdraw them immediately, the defence ministry said on Friday.The ministry said it had lodged a complaint to the United States over the...

Israel pounds Gaza refugee camp as war enters ninth month

2024-06-08 00:00:00

PALESTINIAN TERRITORIES, June 07 (AFP/Reuters): Israeli forces bombarded a Gaza refugee camp on Friday after a deadly strike on a UN-run school there, as the war sparked by Hamas's unprecedented attack on Israel entered its ninth month.The conflict has killed...

Italy riled up by stamp honouring Fascist football pioneer

2024-06-08 00:00:00

ROME, June 7 (AFP): The decision to honour the founder of the AS Roma football club on a postage stamp has caused a furore in Italy due to his Fascist past.The stamp issued on Thursday bears the face of Italo...

Swiatek, Paolini set up Paris final showdown

2024-06-08 00:00:00

Four-times Grand Slam champion Swiatek's 6-2, 6-4 semi-final win was her 11th victory in 12 meetings with Gauff Swiatek, Paolini set up Paris final showdown Iga Swiatek moved closer to a third successive French Open title by cruising past American...

Olympic torch lights up France ahead of Games

2024-06-08 00:00:00

PARIS, June 7 (AFP): If there was any doubt as to whether the French public would embrace the Olympics, the month of May gave a pretty clear indication, as over a million spectators turned out to watch the Olympic torch...

Nat’l Archery Championship inaugurated

2024-06-08 00:00:00

Teer 15th National Archery Championship began on Friday at Bangladesh Krira Shikkha Prothistan (BKSP) in Savar, reports BSS.A total of 126 archers (119 men) and 97 women) from 53 teams, including district sports associations, services associations, BKSP, and clubs are...

Ansar retain National Women's Handball title

2024-06-08 00:00:00

Bangladesh Ansar and VDP retained the title of EXIM Bank 35th National Women's Handball competition beating Bangladesh Police Handball Club by 33-24 goals in the final held at Shaheed Captain Mansur Ali National Handball Stadium on Friday, reports BSS.Alpona Akter...

Lanka complain to ICC over 'different treatment' at WC

2024-06-08 00:00:00

COLOMBO, June 07 (AFP): Sri Lanka said Friday they have complained to the International Cricket Council over their T20 World Cup team's treatment and conditions in co-host the United States.The sports minister Harin Fernando alleged other teams had it better...

Scotland beat Namibia by five wickets

2024-06-08 00:00:00

BRIDGETOWN, June 07 (AFP): Captain Richie Berrington hit an unbeaten 47 to guide Scotland to a five-wicket victory over Namibia in their T20 Cricket World Cup Group B game in Barbados on Thursday.Thwarted by the weather in their opening fixture...

ICC 'working hard' to fix New York T20 pitch

2024-06-08 00:00:00

NEW YORK, June 07 (AFP): Cricket's governing body, the International Cricket Council (ICC) say they are hoping for an improvement in the surfaces at the T20 World Cup venue in New York after widespread criticism of the pitch.The opening two...

United States beat Pakistan in Super Over thriller

2024-06-08 00:00:00

DALLAS, June 07 (AFP): The United States enjoyed arguably the greatest day in their cricket history as the non-Test nation beat Pakistan in a stunning Super Over upset at the T20 World Cup on Thursday.Both teams made 159 in their...