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Australian booters in city

2024-06-05 00:00:00

The 6th times World Cup playing Australian Football team arrived Dhaka on Tuesday noon to play their Group 1 away match of the Asian qualifiers for the 2026 FIFA World Cup against hosts Bangladesh tomorrow (Thursday), reports UNB.The match will...

India hope to make a statement in opener against Ireland today

2024-06-05 00:00:00

NEW YORK, June 04 (Agencies): A group of superstar Indian cricketers is determined to break away from their outdated approach as they face a spirited Ireland in their T20 World Cup opener in Group A on Wednesday, which will mark...

New York pitch sparks debate after low-scoring match

2024-06-05 00:00:00

Former cricketers lashed out at the 'terrible' Nassau County Cricket International Stadium in New York pitch as 157 runs were scored in 35.3 overs at a run rate of 4.4 during the Group D match between South Africa and Sri...

Afghanistan too strong for Uganda

2024-06-05 00:00:00

GEORGETOWN, Guyana, June 04 (Agencies): Afghanistan produced a dominant bowling and batting performance to thrash debutants Uganda by 125 runs in the T20 World Cup in Guyana on Tuesday (as per BST).Afghanistan openers Rahmanullah Gurbaz and Ibrahim Zadran laid the...

Tigers hopeful of 'fit' Taskin's availability for opener

2024-06-05 00:00:00

Bangladesh Cricket Board (BCB) officials said on Tuesday that they are hopeful Taskin Ahmed will be hundred percent fit before the opening game against Sri Lanka, but a final call will be made following his bowling session today (Wednesday), reports...

US LNG exports rise in May

2024-06-05 00:00:00

HOUSTON, June 4 (Reuters): US exports of liquefied natural gas (LNG) rebounded in May as Freeport LNG, the country's second-largest exporter of the superchilled gas, returned to full production and as more supplies flowed to Asia, preliminary data from LSEG...

Russian wheat export prices rise again

2024-06-05 00:00:00

MOSCOW, June 4 (Reuters): Russian wheat export prices rose again last week as harvest expectations continued to deteriorate, analysts said, while also noting high volatility and reduced demand.The price of 12.5 per cent protein Russian wheat scheduled for free-on-board (FOB)...

Oil drops more than $1 as OPEC+ decision spotlights shaky demand

2024-06-05 00:00:00

LONDON, June 4 (Reuters): Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.Extending losses from a four-month...

A1 POLYMER AND ANWAR GALVANIZING HOLD 'DEALER CONFERENCE'

2024-06-05 00:00:00

A1 Polymer Ltd. and Anwar Galvanizing Ltd. held 'Dealer Conference 2024' at Hotel Sea Palace in Cox's Bazar recently. Nearly 700 dealers from across the country attended the event. Deputy Managing Director of Anwar Group Waeez R. Hossain was present...

UNITED FINANCE SIGNS AGREEMENTS WITH BANGLADESH BANK

2024-06-05 00:00:00

United Finance Limited recently signed two participation agreements with Bangladesh Bank to provide credit guarantees for women entrepreneurs under a Refinance Scheme of Tk 30 billion and guarantee facilities for the agro-product processing sector under another Refinance Scheme of Tk...

MCRI, Incepta team up to protect children from rotavirus

2024-06-05 00:00:00

Murdoch Children's Research Institute (MCRI) and Incepta Pharmaceuticals have embarked on a collaboration aimed at bringing life-saving innovation to the global healthcare landscape, says a press release. MCRI has announced the signing of a non-exclusive licensing agreement with Incepta Pharmaceuticals,...

Global factory activity shows signs of recovery in May

2024-06-05 00:00:00

BENGALURU/TOKYO, June 4 (Reuters): Global factory activity offered signs of recovery last month as contraction slowed in the euro zone and manufacturing activity in most of Asia's largest economies picked up, although the US stood apart with output weakening for...

BARAKA FARMYARD AWARDED 'DAIRY ICON 2023'

2024-06-05 00:00:00

Baraka Farmyard was awarded the 'Dairy Icon 2023' for its special contributions to the dairy sector in Chattogram. Its owner Khurram Nayeem received the award at a programme marking the World Milk Day 2024 at Krishibid Institution Auditorium in the...

'helio 50' unveiled

2024-06-05 00:00:00

On the occasion of upcoming Eid-ul-Azha, helio has launched a new flagship smartphone called 'helio 50', targeting the young generation, says a press release. The smartphone has a 90Hz refresh rate, high brightness display, 12GB RAM (6GB Extended RAM) with...

NRB BANK SIGNS AGREEMENT WITH SENA KALYAN INSURANCE

2024-06-05 00:00:00

NRB Bank Limited signed an agreement with Sena Kalyan Insurance Company Limited (SKICL) on Bancassurance at the bank's Corporate Head Office in Dhaka on Tuesday. Md. Omar Faruk Khan, Managing Director & CEO (CC) of the bank, and Brig Gen...

The Daily Gonokantha celebrated 53rd anniversary

2024-06-05 00:00:00

The Daily Gonokantha has celebrated its 53rd anniversary at a hotel in Dhaka recently. Speaker of the Jatiya Sangsad Shirin Sharmin Chaudhury, who was the chief guest at the event, presented an honorary crest to Dr. Md. Shadi-Uz-Zaman, managing director...

WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING' IN KHAGRACHARI

2024-06-05 00:00:00

A daylong workshop was arranged by Trust Bank in collaboration with Bangladesh Financial Intelligence Unit (BFIU) on 'Prevention of Money Laundering & Combating Financing of Terrorism' under lead bank programme in Khagrachari recently. Imtiaz Ahmad Masum, Director, BFIU, was present...

Govt appoints EY India to develop strategic foresight for SLA

2024-06-05 00:00:00

The government has appointed Ernst and Young (EY) India to develop strategic foresight for the Smart Leadership Academy (SLA), which was set up to create smart leaders and promote a citizen-centric culture to navigate the Fourth Industrial Revolution, reports UNB.The...

BEZA teams up with BSEZ, Sumitomo, BRAC

FE REPORT | 2024-06-05 00:00:00

Bangladesh Economic Zones Authority (BEZA), with the support of local and international agencies, looks to improve living standard of people residing nearby a special economic zone at Araihazar upazila in Narayanganj.To this effect, BEZA has inked a memorandum of understanding...

Ispahani Tea shines again

2024-06-05 00:00:00

Zareen Tea Garden of Ispahani Tea Limited, a reputable company in Bangladesh, has won the 'National Tea Award' in the 'Best Tea Garden' category for the second consecutive time, based on worker welfare.Additionally, Jasmine Akhter, a tea worker from Ispahani-owned...

CEOs made nearly 200 times what their workers got paid last year

2024-06-05 00:00:00

NEW YORK (AP): The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' budgets.The...

PRIME BANK SIGNS PAYROLL AGREEMENT WITH RISINGTEX FASHION

2024-06-05 00:00:00

Prime Bank PLC, a leading second generation local commercial bank in Bangladesh, has recently signed a Payroll Banking agreement with Risingtex Fashion Ltd in the bank's Gulshan corporate office. Under the agreement, employees of Risingtex Fashion will enjoy preferential banking...

SOUTHEAST BANK SIGNS TRADE LOAN AGREEMENT WITH MASHREQ BANK

2024-06-05 00:00:00

Southeast Bank PLC recently signed a Master Trade Loan Agreement with Mashreq Bank PSC at its Head Office. Under this agreement, Mashreq Bank will provide Trade Loan to Southeast Bank for its Offshore Banking Operation. Nuruddin Md Sadeque Hossain, Managing...

Islami Bank raises Shariah Awareness

2024-06-05 00:00:00

Mymensingh, Barishal, Sylhet & Rangpur zone offices of Islami Bank Bangladesh organised a webinar on 'Compliance of Shariah in Banking Operations' recently. Mohammad Quamrul Hasan, director of the bank, addressed the webinar as chief guest while J Q M Habibullah,...

Pubali Bank signs Agreement with UCB Fintech Company

2024-06-05 00:00:00

Pubali Bank and UCB Fintech Company have signed an agreement for fund transfer between Pubali Bank's mobile banking apps (PI) and UCB Fintech's (Upay Wallet). Md. Rabiul Alam, DGM & head of alternative delivery channel (ADC) division of Pubali Bank...

Modhumoti Bank celebrates 11th anniversary

2024-06-05 00:00:00

The 11th anniversary of Modhumoti Bank was celebrated on Tuesday (June 4, 2024) at the bank's head office, Gulshan, Dhaka by extending sincere gratitude and felicitations to all of its customers and well-wishers. Md. Shafiul Azam, managing director & chief...

Dhaka bourse sees highest turnover in 3 weeks

FE REPORT | 2024-06-05 00:00:00

Dhaka stocks posted marginal gains on Tuesday, although the blue chip index fell, as bargain hunters put fresh bets on sector specific shares expecting quick gains.Market analysts said the recent free fall of the market attracted fresh investments as many...

Al-Arafah Islami Bank gets 3 new DMDS

2024-06-05 00:00:00

Md. Asaduzzaman Bhuiyan, Mohammed Hossain and Md. Aminul Islam Bhuiyan have recently been promoted to Deputy Managing Director (DMD) of Al-Arafah Islami Bank PLC, says a press release. Prior to their promotion, Md. Asaduzzaman Bhuiyan was serving as Senior Executive...

Tanjil Chowdhury re-elected chairman of Prime Bank -

2024-06-05 00:00:00

The board of directors of Prime Bank has unanimously re-elected Tanjil Chowdhury as chairman for the third consecutive term (2024-26).He first assumed the office of the chairman of the board in 2020. During his two tenures, the bank received multiple...

Debt funds to pay dividends for FY24, having enjoyed favourable climate

MOHAMMAD MUFAZZAL | 2024-06-05 00:00:00

Funds designed to invest in risk-free securities have generated positive returns for FY24 while other mutual funds having a larger share of the money in equity securities endured erosion of assets in the year. Hence, the MFs that concentrate investments...