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Well-off individuals, journos, police also involved in drug trade: Minister

2022-09-27 00:00:00

Home Minister Asaduzzaman Khan Kamal on Monday said well-off individuals as well as journalists and police are also involved in drug trade, and they too face justice without exception, reports UNB.The minister made the remark while speaking at a roundtable...

Award Centre Sub-Licence signing ceremony held in city

2022-09-27 00:00:00

An Award Centre Sub-Licence signing ceremony was held between the Duke of Edinburgh's Award Foundation Bangladesh and the Aga Khan Academy Dhaka in the city on Sunday, says a press release. William J O'Hearn III, Head of Academy of the...

UGC starts preparing guidelines for new public universities

FE REPORT | 2022-09-27 00:00:00

The University Grants Commission (UGC) has started formulating a policy regarding the commencement of educational programmes after the establishment of new public universities.A committee of five members has already been formed by convening UGC member Prof Muhammad Alamgir. The committee...

By-polls to Faridpur-2 JS seat Nov 5

2022-09-27 00:00:00

The by-election to Faridpur-2 constituency that fell vacant after the death of Awami League presidium member Syeda Sajeda Chowdhury will be held on November 5 this year, reports BSS.

BNP leader Hannan Shah's 6th death anniv today

2022-09-27 00:00:00

The sixth death anniversary of former BNP standing committee member ASM Hannan Shah will be observed today (Tuesday), reports UNB.BNP and ASM Hannan Shah Smriti Parishad have chalked out various programmes, including discussion and rally, to mark the day.Local BNP...

BCL suspends Eden College body over factional clash

DU Correspondent | 2022-09-27 00:00:00

Bangladesh Chhatra League (BCL) has suspended all activities of its Eden Mohila College unit and expelled 16 leaders of the unit permanently over a factional clash that took place on Sunday night.The decision of the BCL was announced in a...

BNP holds rally at Hazaribagh despite attacks by AL, 25 hurt

2022-09-27 00:00:00

The activists of BNP and the ruling party Awami League locked in a chase and counter-chase in the city's Hazaribagh area over holding rallies, leaving at least 25 people injured on Monday, reports UNB.Awami League also called a rally at...

There will be none to face if AL takes to streets: Hasan

2022-09-27 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud has said Awami League (AL) is a party of staging movements on streets and no one will be found if the leaders and activists of the party have been asked to take to...

Euro zone govt bond yields at multi-year highs

2022-09-27 00:00:00

Euro zone government bond yields jumped to multi-year highs amid expectations that central banks will keep tightening their monetary policy despite recession risks and a new sell-off in British gilts, reports Reuters.Meanwhile, the spread between Italian and German yields widened...

Porsche to race onto German stock exchange with mega IPO

2022-09-27 00:00:00

FRANKFURT, Sept 26 (AFP): Luxury sports carmaker Porsche will this week race onto the Frankfurt stock exchange in what is set to be one of Europe's biggest listings in years, seeking to defy recent market turbulence.While the listing comes at...

Asia-Pacific markets drop as negative sentiment remains

2022-09-27 00:00:00

Shares in the Asia-Pacific mostly fell sharply on Monday as negative sentiment continues to weigh in on markets, reports CNBC.The Nikkei 225 in Japan dropped 2.66 per cent to 26,431.55, and the Topix also slipped 2.71 per cent to 1,864.28....

News Briefs (2022-09-27)

2022-09-27 00:00:00

Board meetingeGeneration Limited: A board meeting of the company will be held on October 04 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended June 30, 2022.Query responseUnique Hotel & Resorts: In...

Egypt aims to raise $6b by selling stakes in state firms to revive economy

2022-09-27 00:00:00

RIYADH, Sept 26 (Arab News): Egypt is planning to raise $6.0 billion by June 2023 through selling stakes in government companies as the nation tries to revive an economy badly affected by Russia's invasion of Ukraine. Bloomberg, citing Egypt's planning...

BCBL signs "participation agreement" with BB

2022-09-27 00:00:00

Bangladesh Commerce Bank Limited (BCBL) has signed a "participation agreement" with Bangladesh Bank (BB) to participate in a refinancing scheme of Tk 10 billion (1,000 crore) to increase the production of wheat and maize under the chairmanship of AKM Sajedur...

Agrani Bank signed agreement with Bangladesh Bank -

2022-09-27 00:00:00

Agrani Bank Limited Managing Director and CEO Md Murshedul Kabir and Bangladesh Bank Agriculture Credit Department Director Md Abul Kalam Azad exchanging documents after signing the agreement on behalf of their respective organisations at Bangladesh Bank conference room on Sunday....

Md Abdus Salam Azad (second from left) attended as chief guest a Noakhali divisional conference

2022-09-27 00:00:00

Janata Bank Limited Managing Director and CEO Md Abdus Salam Azad (second from left) attended as the chief guest a Noakhali divisional conference of the bank at Chandpur Circuit House recently

Md Afzal Karim presiding over first meeting of National Integrity Strategy Implementation Ethical Committee

2022-09-27 00:00:00

Sonali Bank Limited Managing Director & CEO and Convener of Ethical Committee Md Afzal Karim presiding over the first meeting of National Integrity Strategy Implementation Ethical Committee for the 2022-2023 fiscal year at the bank's head office in the city...

Nagad offers up to 20 per cent cashback during Durga Puja

2022-09-27 00:00:00

Nagad has rolled out unique cashback and discount offers for its customers to shop during the festive season of Durga Puja, reports BSS.Customers can receive up to a 20 per cent cashback or discount when paying with Nagad in three...

CMSE Credit Disbursement Programme:

2022-09-27 00:00:00

 The Premier Bank Limited organised an 'Open Cottage, Micro & Small Enterprise Credit Disbursement Programme' at Dr HBM Iqbal Education City in Bhairab, Kishoreganj, on Saturday, with its Managing Director & CEO M Reazul Karim in the chair. Md Obaidul...

Exim Bank opens sub-branch at Netaiganj:

2022-09-27 00:00:00

 Exim Bank opened a sub-branch at Netaiganj under Exim Bank Narayanganj Branch on Monday to provide modern Shariah-Based banking services. Director of the bank Anjan Kumar Saha inaugurated the sub-branch as the chief guest while Managing Director and CEO Mohammad...

South Asian Business Excellence Award:

2022-09-27 00:00:00

 National Life Insurance has been awarded the South Asian Business Excellence Award-2022 as the 'Best Life Insurance in Private Sector' by the South Asian Partnership Summit. Managing Director and CEO of the company Md Kazim Uddin received the award from...

Southeast Bank signs agreement with Bangladesh Bank:

2022-09-27 00:00:00

 Southeast Bank Limited has recently signed a participation agreement with Agricultural Credit Department, Bangladesh Bank, for availing 'Refinance Scheme of Tk 10.00 billion for wheat and maize production'. M. Kamal Hossain, Managing Director of Southeast Bank, and Md Abul Kalam...

Abdul Kadir Molla re-elected SBAC Bank Chairman

2022-09-27 00:00:00

Abdul Kadir Molla has been re-elected as chairman of South Bangla Agriculture & Commerce Bank Ltd for a second term. He was unanimously re-elected as the chairman at the 148th Board meeting held at the Bank's Head Office recently. Abdul...

MTB Foundation comes to the aid of visually impaired girls

2022-09-27 00:00:00

MTB Foundation recently signed an agreement with the Centre for Services and Information on Disability (CSID) for a project titled 'Barrier-Free Education and Employment for Students with Visual Impairment', says a statement. Under the agreement, MTB Foundation will facilitate inclusion...

BD to explore trade opportunity in Türkiye

2022-09-27 00:00:00

An 86-member business delegation from Dhaka Chamber of Commerce and Industry (DCCI) will leave for Istanbul, Türkiye today (Tuesday) on a four-day visit, reports UNB.DCCI President Rizwan Rahman will be leading the business delegation.The purpose of the visit will be...

Doreen Power posts 42.6pc profit growth

FE REPORT | 2022-09-27 00:00:00

Doreen Power Genera-tions and Systems posted an increase of 42.6 per cent in its net profit for the year ended in June 2022, thanks to higher revenue earnings from its subsidiaries.In a filing with Dhaka Stock Exchange (DSE) on Monday,...

Stocks flat as investors take to sidelines

FE REPORT | 2022-09-27 00:00:00

Stocks posted a slight fall on Monday after the previous day's major correction, with turnover dropping sharply, as investors adopted a wait-and-see approach ahead of corporate declarations.The market opened on a slow trend and moved between positive and negative several...

Saudi banking sector's assets to reach $1.2tn by 2030

2022-09-27 00:00:00

RIYADH: Saudi Arabia's financial sector aims to increase the total assets of the banking sector to over SR4.5 trillion ($1.2 trillion) by 2030, the Kingdom's Minister of Finance said. During his speech on the occasion of the 92nd National Day,...

Chairman of Jamuna Bank inaugurated Patkelghata sub-branch

2022-09-27 00:00:00

Chairman of Jamuna Bank Limited and Fundation Nur Mohammed inaugurated the bank's Patkelghata sub-branch under Satkhira branch and Chuknagar sub-branch under Dumuria branch, Khulna recently. Managing Director and CEO of the bank Mirza Elias Uddin Ahmed presided over the event

LafargeHolcim Bangladesh -

2022-09-27 00:00:00

LafargeHolcim Bangladesh Ltd (LHBL), a building material solutions company in Bangladesh, organised a technical seminar on 'Disaster Resilient Building Materials' in Jashore recently. Professor Dr Jahangir Alam from Department of Civil Engineering of BUET, presented the keynote paper. Fakhruddin Md...