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Uttara Motors dealer opens showroom in city

2024-05-29 00:00:00

An authorised 3S dealer of Uttara Motors Ltd. has opened a showroom, 'Premium Bajaj', at Dhaniya, Jatrabari, in Dhaka. Matiur Rahman, Chairman & Managing Director of Uttara Motors, and Sameer Deshpande, Vice President of Bajaj Auto Limited, India, inaugurated the...

Southeast Bank distributes special CSR fund--

2024-05-29 00:00:00

Southeast Bank distributed special CSR fund among farmers for cultivation and purchasing agri-based machinery. The financial assistance was handed to Md. Yunus, executive director of PAGE Development Centre, in presence of Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank....

‘Indian stocks to rise another 7pc this year’

2024-05-29 00:00:00

BENGALURU, May 28 (Reuters): India's benchmark Nifty 50 stock index will rise a further 7 per cent over the rest of this year, irrespective of the outcome of the country's ongoing national elections, the chief investment officer of Emkay Investment...

Social media plays 'pivotal role in spreading health information'

2024-05-29 00:00:00

Prof Dr. Abul Basar Mohammad Khurshid Alam, the Director General of the Directorate General of Health Services (DGHS), said that social media is playing a pivotal role in disseminating health information and advice to the public. He made the comment...

Linde to sell hard goods business

FE REPORT | 2024-05-29 00:00:00

Having separated from the welding business last year, Linde Bangladesh has now decided to sell the unit to another multinational company ESAB Group.In a stock exchange filing on Tuesday, Linde Bangladesh disclosed that it wants to sell the entire holding...

Arup Haider new DMD of City Bank

FE DESK | 2024-05-29 00:00:00

City Bank has recently appointed Arup Haider as deputy managing director (DMD) within its top management team. Mr Arup previously played the role of head of retail banking as a senior executive vice president at the same bank, according to...

Mercantile Bank booms with customer-centric products, services

JASIM UDDIN HAROON | 2024-05-29 00:00:00

The Mercantile Bank PLC, a leading local privately-owned commercial bank, has created considerable vibes in the financial market and achieved customer trust and loyalty since its inception in 1999."Since our inception, we've created a credible brand impression in the market...

DSE puts demands on the table, drawing attention to gloomy market

FE REPORT | 2024-05-29 00:00:00

The Dhaka Stock Exchange (DSE) demands no capital gain tax in the upcoming national budget, saying the new tax burden would negatively impact the already gloomy market.The demand was put forward at a pre-budget press briefing on Tuesday at a...

Italy's solar power capacity rises to 32 GW

2024-05-29 00:00:00

MILAN, May 28 (Reuters): Italy's solar power capacity rose by 1.7 gigawatts (GW) in the first quarter to 32 GW, thanks to a jump in the development of large projects, the country's association for the photovoltaic sector said.Middle-sized photovoltaic projects...

Airfares peaking as travellers in Europe, Asia seek savings

2024-05-29 00:00:00

LONDON/SEOUL/CHICAGO, May 28 (Reuters): Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher costs and limited aircraft availability.A global...

ICB employees get Integrity Award 2022-23

2024-05-29 00:00:00

An award giving ceremony for "Integrity Award 2022-23" was held at the Head Office of Investment Corporation of Bangladesh (ICB) on Monday, with its Managing Director Md. Abul Hossain in the chair. The Managing Director of ICB handed over the...

AL-ARAFAH ISLAMI BANK SIGNS AGREEMENT WITH ECOTECH

2024-05-29 00:00:00

Al-Arafah Islami Bank PLC has signed an agreement with Ecotech Organic Garden to serve a substantial role in the country's agricultural growth in collaboration with farmers. Managing Director (Current Charge) of the bank Shabbir Ahmed was present as the chief...

Deputy CMO of Nagad wins BWIO award

2024-05-29 00:00:00

Muhammad Solaiman (Sukhon), deputy chief marketing officer (Deputy CMO) of Nagad Ltd., has been honoured with the 'BWIO Leadership Excellence Award' for his outstanding contributions to the country's fastest growing mobile financial service provider's business expansion and social change. The...

TRUST BANK TO SELL SENA KALYAN INSURANCE PRODUCTS

2024-05-29 00:00:00

Trust Bank has signed an agreement with Sena Kalyan Insurance Company PLC to commence the sale of insurance policies under Bancassurance. This agreement will enable Trust Bank customers to buy insurance products of Sena Kalyan Insurance Company directly from the...

Ambassador of Finland to Bangladesh Kimmo Lahdevirta speaking

2024-05-29 00:00:00

Ambassador of Finland to Bangladesh Kimmo Lahdevirta speaking at a reception, hosted by Muhammad Aziz Khan, Honorary Consul General of Finland in Bangladesh and Chairman of Summit Group of Companies, at Hotel Sheraton in Dhaka on Tuesday. — FE photo

Reliance to buy Russian oil in roubles

2024-05-29 00:00:00

NEW DELHI, May 28 (Reuters) - India's Reliance Industries, operator of the world's biggest refining complex, has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware...

Zahidul Islam appointed Biman MD

FE REPORT | 2024-05-29 00:00:00

Zahidul Islam Bhuiyan has been appointed as the new managing director (MD) and Chief Executive Officer (CEO) of Biman Bangladesh Airlines.A notification regarding his appointment has been issued recently by the Ministry of Public Administration.An additional secretary to the Prime...

DCCI urges Russia to invest more in power & energy sector

2024-05-29 00:00:00

The Dhaka Chamber of Commerce and Industry (DCCI) on Tuesday invited more Russian investment in the power and energy sectors, reports BSS."More Russian investment, especially in the power and energy sectors, could play a pivotal role in steady economic progress...

Ronaldo breaks Saudi League's single-season scoring record

2024-05-29 00:00:00

Al-Nasr's Cristiano Ronaldo capped his first full Saudi Pro League season in style as he broke the record for the most goals scored in one campaign on Monday, report agencies.The Portuguese 39-year-old scored a brace in his side's 4-2 win...

US MLC secures List A status, plans expansion to 10 teams

2024-05-29 00:00:00

Major League Cricket (MLC), a one season-old T20 tournament in the US, has secured official List A status from the International Cricket Council in a major boost for the sport in North America, reports Reuters.MLC plans to expand from six...

Rafael Nadal out of possible last French Open

2024-05-29 00:00:00

PARIS, May 28 (AFP): Rafael Nadal's illustrious French Open career came to a likely end with his first ever defeat in the opening round by Alexander Zverev on Monday, after Iga Swiatek made a winning start in her bid for...

Bangladesh face Indonesia today

2024-05-29 00:00:00

After a thumping victory over South Korea and Malaysia, Bangladesh will face Indonesia in their third match of the fourth edition of Bangabandhu Cup International Kabaddi tournament scheduled to be held today (Wednesday) at Shaheed Suhrawardy Indoor Stadium in the...

Gazipur road crash kills one

2024-05-29 00:00:00

GAZIPUR, May 28 (BSS): A man was killed and five others were injured being hit by a covered van on the Kaliakair-Maona regional road in Chapair Bridge area under Kaliakair upazila of the district on Tuesday.The deceased was identified as...

Fire service worker electrocuted while clearing debris from Cyclone Remal

2024-05-29 00:00:00

KHAGRACHARI, May 28 (UNB): A fire service worker lost his life while cutting uprooted trees on a road in the Alutila area of Khagrachari on Monday night.The deceased, identified as Rasel Hossain, 20, was the son of Abdul Razzak, and...

Two of a family hacked to death in Chandpur

2024-05-29 00:00:00

CHANDPUR, May 28 (bdnews24.com): The mother and son of a Bangladeshi expatriate have been hacked to death inside their house at Hajiganj upazila in Chandpur district on Monday night.Locals said they heard news that the house was robbed. Later, the...

Remal wreaks havoc on mangoes in Rajshahi

OUR CORRESPONDENT | 2024-05-29 00:00:00

RAJSHAHI, May 28: Cyclone Remal has caused huge damage for mangoes in Rajshahi region, leaving growers and traders in great trouble.Just before the harvest of mangoes, the storm has dealt a big blow to the growers and the traders who...

Export trends and dynamics in BD

Mohammad Abdur Razzaque, Barun Kumar Dey and Rabiul Islam Rabi | 2024-05-29 00:00:00

Despite the success in garments exports, the overall export size in Bangladesh remains modest and is characterized by a staggering concentration. Among the Least Developed Countries (LDCs), Bangladesh is often regarded as an example of export-led growth and development. Over...

Let's make the world tobacco-free

2024-05-29 00:00:00

May 31st is the international 'Tobacco-Free Day.' The tobacco plant's dry leaves are commonly known as tobacco, and when ignited, these leaves become drug substances. Cigarettes, bidis, hookahs, and weed are made from tobacco leaves. Additionally, drugs such as heroin,...

Domino effect of brain drain

2024-05-29 00:00:00

Greater challenges are facing low- and middle-income countries around the globe, particularly in filtering of talent. This phenomenon is not new; it has existed since ancient times. However, the scale and impact have changed. Nowadays, many parents first think of...

Implementation remains a low priority

Syed Mansur Hashim | 2024-05-29 00:00:00

One of the strange practices in annual development planning (ADP) is the apparent lack of foresight that goes into overseeing whether it can or cannot be implemented by existing ministries, departments and agencies. There is great enthusiasm in planning thousands...