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Govt not embarrassed over Aziz-Benzir issue: Quader

2024-05-29 00:00:00

The government is not embarrassed about former Army chief Aziz Ahmed and former IGP Benzir Ahmed issue as the government has the courage to bring them to justice, said Awami League General Secretary and Road Transport and Bridges Minister Obaidul...

N Korean rocket carrying 2nd spy satellite explodes shortly after launch

2024-05-29 00:00:00

SEOUL, South Korea, May 28 (AP): A rocket launched by North Korea to deploy the country's second spy satellite exploded shortly after liftoff Monday, state media reported, in a setback for leader Kim Jong Un's hopes to operate multiple satellites...

Zelensky presses Biden to attend Ukraine peace summit

2024-05-29 00:00:00

BRUSSELS, Belgium, May 28 (AFP): Ukrainian President Volodymyr Zelensky on Tuesday urged US leader Joe Biden to attend a June peace summit in Switzerland, as he accused Russia's Vladimir Putin of trying to derail the gathering.Zelensky's appeal came as he...

Last year saw 26 extra days of extreme heat

2024-05-29 00:00:00

PARIS, May 28 (AFP): The world experience an average of 26 more days of extreme heat over the last 12 months that would probably not have occurred without climate change, a report said on Tuesday.Heat is the leading cause of...

Israel again bombs Rafah despite global outcry

2024-05-29 00:00:00

RAFAH, Palestinian Territories, May 28 (AFP): Israel again bombarded Gaza's far-southern Rafah area on Tuesday despite a global storm of outrage over a strike that set ablaze a crowded tent city, killing 45 people according to Palestinian officials.The strike, which...

Gold prices steady on lower dollar

2024-05-29 00:00:00

Gold prices held steady on Tuesday, buoyed by a slight pullback in the dollar as investors look forward to US inflation data due later this week for more clarity on interest rate cut timings, reports Reuters.Spot gold was flat at...

DMCB GETS BIZZ SIGNATURE AWARD 2024

2024-05-29 00:00:00

The Dhaka Mercantile Co-operative Bank Ltd. (DMCB) has been awarded 'The Bizz Signature Award 2024' in the category of 'Inspirational Company' in recognition of its excellent performance in the business sector (Microcredit) of Bangladesh. The World Confederation of Business (WORLDCOB),...

DHAKA WOMEN CHAMBER OF COMMERCE HOLDS AGM

2024-05-29 00:00:00

The Annual General Meeting-2023 of Dhaka Women Chamber of Commerce & Industry (DWCCI) was held at Gulshan North Club in Dhaka on Tuesday, with its President Naaz Farhana Ahmed in the chair. Sr. Vice President Sajeda Minhaz Mukul, General Secretary...

College admission: Students can pay fees via bKash

2024-05-29 00:00:00

Like previous years, students can pay application and registration fees of class XI and Technical curriculum for 2024-25 admission session through bKash conveniently, says a press release. Like application fee, the selected students will be able to pay registration fees...

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...