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JS body on info ministry holds meeting

2024-05-27 00:00:00

The third meeting of the Parliamentary Standing Committee on the Ministry of Information and Broadcasting of the 12th Jatiya Sangsad (JS) was held at the Sangsad Bhaban in the city on Sunday, reports BSS.Committee Chairman Kazi Keramat Ali chaired the...

History will attest to how Khaleda is being 'purposely killed': Abbas

2024-05-27 00:00:00

Accusing the government of pushing BNP Chairperson Khaleda Zia toward death, party senior leader Mirza Abbas said on Sunday that history will testify how a former prime minister is 'being intentionally killed' by depriving her of advanced treatment abroad, reports...

Jhenaidah-1 MP-elect Nayeb Ali Joarder takes oath

2024-05-27 00:00:00

Nayeb Ali Joarder, who was elected unopposed in the by-polls to Jhenaidah-1 constituency, on Sunday took oath of office as the Member of Parliament (MP) in the 12th Jatiya Sangsad (JS), reports BSS.JS Speaker Dr Shirin Sharmin Chaudhury administered the...

BCL men asked to stand by Remal-affected people

2024-05-27 00:00:00

Bangladesh Chhatra League (BCL) central committee has directed its leaders and activists to help the affected people of cyclonic storm Remal, reports BSS.BCL President Saddam Hossain and its General Secretary Sheikh Wali Asif Enan urged them through a statement.The leaders...

JS body recommends appointing medical technicians in three hill districts

2024-05-27 00:00:00

The Parliamentary Standing Committee on Chittagong Hill Tracts Affairs Ministry on Sunday recommended appointing medical technicians and necessary manpower in the clinic and hospitals in the three hill districts, reports UNB.It also suggested making the Rangamati Medical College functioning and...

Security of political dissidents' lives now at stake, says BNP

FE REPORT | 2024-05-27 00:00:00

Bangladesh Nationalist Party (BNP) said on Sunday that security of the political dissidents' lives is now at stake."Security of lives of the people who are vocal against the government's misrule is now at stake," secretary general of BNP Mirza Fakhrul...

Govt stays alert so no journo faces harassment: Quader

2024-05-27 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Sunday said the government remains alert so that no journalists face any harassment in the name of Digital Act, reports BSS.He said this while addressing the...

India's Adani Ports to replace Wipro in Sensex after BSE rejig

2024-05-27 00:00:00

BENGALURU, May 26 (Reuters): India's Adani Ports and Special Economic Zone will replace Wipro in the 30-stock blue-chip S&P BSE Sensex, the operator of the index said on Friday.The BSE, in its semi-annual rebalancing exercise, included the country's largest private...

Jio Financial plans $4.33b deal with Reliance Retail

2024-05-27 00:00:00

BENGALURU, May 26 (Reuters): Jio Financial Services (JFS) is seeking shareholder approval for its unit to acquire equipment worth 360 billion rupees ($4.33 billion) from the retail arm of Reliance Industries as the financial services provider plans to enter the...

Samsung encouraged to invest more in China

2024-05-27 00:00:00

BEIJING, May 26 (Reuters): Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment by the Korean conglomerate, state news agency Xinhua reported, as foreign businesses in the Chinese market struggle to navigate...

Dealers conference of Elco Wires held

2024-05-27 00:00:00

ELCO Wires & Cables Limited, an electric cables manufacturing company in Bangladesh, conducted its Dealers Conference-2024 at the Green Garden in the city on Saturday. Tarek Mahmud Matin, Managing Director of the company, was present at the event.

ABTI TRAINING ON ENTREPRENEURSHIP DEVELOPMENT

2024-05-27 00:00:00

Agrani Bank Training Institute (ABTI) began a three-day training workshop titled 'Entrepreneurship Development and CMSME Loan Management' at its office in Dhaka city on Sunday. Agrani Bank PLC CEO (current charge) and DMD Wahida Begum inaugurated the workshop. ABTI Director...

JANATA BANK'S ASSET LIABILITY MANAGEMENT COMMITTEE MEETING

2024-05-27 00:00:00

Janata Bank organised a meeting of the Asset Liability Management Committee at its head office in Dhaka recently. The bank's MD and CEO (current charge) Golam Mortuza presided over the meeting. DMDs Md Faiz Alam, Md Nurul Islam Majumder and...

Shanta launches 'Dhaka Tower'

2024-05-27 00:00:00

Shanta Holdings Limited, the country's leading real estate developer, launched 'Dhaka Tower', a 500 ft skyscraper designed by the Office of Metropolitan Architects (OMA), Netherlands, at a corporate Gala Night on Friday. Once built, this 1.5 million sq ft office...

ICMAB DELEGATES CALL ON FID SECRETARY

2024-05-27 00:00:00

A delegation of The Institute of Cost and Management Accountants of Bangladesh (ICMAB) led by its President Prof Dr Md Salim Uddin called on Md Abdur Rahman Khan, Secretary, Financial Institutions Division, Ministry of Finance, at his office on Sunday...

EBL, Mana Bay Water Park sign agreement

2024-05-27 00:00:00

Eastern Bank Limited (EBL) and Mana Bay Water Park have signed an agreement offering special benefits to EBL cardholders at the popular theme park near Dhaka. M Khorshed Anowar, DMD and head of Retail and SME Banking for EBL, and...

MTB partners with BIBM to offer cash management

2024-05-27 00:00:00

Mutual Trust Bank (MTB) has signed an agreement with the Bangladesh Institute of Bank Management (BIBM) to provide cash management and various digital payment services. The agreement was signed at a ceremony held recently at BIBM's head office. Dr Md...

Govt considering economic valuation of unpaid household work: Waseqa

2024-05-27 00:00:00

State Minister for Finance Waseqa Ayesha Khan said on Sunday the government is considering the economic value of unpaid household work done by women, reports BSS."It is important to evaluate the contribution of women, who are contributing to the economy...

Dhaka bourse turnover hits 5-month low

FE REPORT | 2024-05-27 00:00:00

Stocks suffered another blow on Sunday, as daily turnover on the Dhaka bourse plunged to a five-month low amid growing tension that kept investors reluctant to put fresh bets. The day's turnover, a crucial indicator of the market, fell to...

ICB gets court order to give Sea Pearl 10 years to clear dues

FE REPORT | 2024-05-27 00:00:00

The High Court has asked the Investment Corporation of Bangladesh (ICB) to give Sea Pearl Beach Resort & Spa an additional 10 years' time to pay off dues that piled up to Tk 4.38 billion until April. According to a...

Call to promote arbitration as courts buckle under caseload

FE REPORT | 2024-05-27 00:00:00

Experts at a seminar on Sunday emphasised the importance of promoting the use of alternative dispute resolution (ADR) and mediation, as they called for a comprehensive legal framework in this regard. They stressed on adopting a more open mindset towards...

Zero-coupon bonds come to the rescue of cos in keeping borrowing costs low

BABUL BARMAN | 2024-05-27 00:00:00

Amid monetary tightening, businesses have been inclined to issue zero-coupon bonds to collect necessary funds.In the five months to March this year, at least eight companies received regulatory approval to collect more than Tk 42 billion through zero-coupon bonds that...

G7 reaffirms warning against excess currency volatility in nod to Japan

2024-05-27 00:00:00

STRESA (Italy), May 26 (Reuters): Finance leaders of the Group of Seven (G7) advanced nations on Saturday reaffirmed their commitment to warn against excessively volatile currency moves, language Japan sees as a green light to intervene in the market to...

Shahjalal Islami Bank holds 874th EC meeting

2024-05-27 00:00:00

The 874th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at its Corporate Head Office in the city recently. The meeting was presided over by Akkas Uddin Mollah, Chairman of Executive Committee (EC)...

CITIZENS BANK HOLDS TRAINING PROGRAMME

2024-05-27 00:00:00

Citizens Bank organised a daylong training programme on 'Exploring Business through Vibrant Sales Team' at its head office recently. Mohammad Masoom, Managing Director & CEO of the bank, inaugurated the event. Md Akbar Hassan, CEO & Chief Resource Person, BRIDDHI...

NRB BANK SIGNS AGREEMENT WITH WATER GARDEN RESORT

2024-05-27 00:00:00

NRB Bank Limited has signed an agreement with Water Garden Resort & Spa recently. Md Shaheen Howlader, Deputy Managing Director of the bank, and Dr Ahsan H. Mansur, owner of Water Garden Resort, signed the agreement in presence of Md....

SOUTHEAST BANK PROVIDES SPECIAL CSR FUND TO HAJI MOHAMMAD DANESH UNIVERSITY

2024-05-27 00:00:00

Southeast Bank PLC has provided financial support to Haji Mohammad Danesh University of Science and Technology for the development of agricultural research sector under special CSR fund. Nuruddin Md Sadeque Hossain, Managing Director of Southeast Bank; Dr Begum Fatema Zohara,...

Spot LNG prices at 5-month high on firm demand

2024-05-27 00:00:00

LONDON, May 26 (Reuters): Asian spot liquefied natural gas (LNG) prices rose for the fourth straight week and hit its highest level in five months amid firm demand, tracking European gas market gains amid concerns over possible disruption to Russian...

FBCCI pushes for easier customs procedures

FE REPORT | 2024-05-27 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to ensure a more business-friendly environment and reduce the cost of doing business through the proper implementation of the Customs Act-2023.The apex trade body also requested necessary...

Extend continued support for export sector to ensure stronger graduation

FE REPORT | 2024-05-27 00:00:00

The government should continue its support, including cash incentives, to the export-oriented sectors for a few more years to help industries prepare adequately for a stronger graduation, former governor of Bangladesh Bank Dr Atiur Rahman said on Sunday.With the graduation...