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Salik sets IPO offer price

2022-09-14 00:00:00

Dubai's exclusive toll gate operator Salik Company on Tuesday said it will raise Dh3 billion through the initial public offering (IPO), reports Khaleej Times.The price for the IPO has been set at Dh2.0 per share.

News Briefs (2022-09-14)

2022-09-14 00:00:00

Disbursement of 1st Semi-annual Coupon amount CBLPBOND: The Issuer of City Bank Perpetual Bond informed that they have transferred the 1st semi-annual coupon amount to the respective bondholders for the period ended (March 01, 2022 to August 31, 2022).Credit ratingTakaful...

Branch Manager Conference-2022 of Federal Insurance Company held

2022-09-14 00:00:00

The Branch Manager Conference-2022 of Federal Insurance Company Ltd. was held recently at a hotel in Cox's Bazar. A M M Mohiuddin Chowdhury, Chief Executive Officer and Managing Director of the company, presided over the conference. Mohammad Abdul Khaleque, Chairman,...

IPDC to avail loan of 15m euros from German institution

FE REPORT | 2022-09-14 00:00:00

IPDC Finance has received the regulatory approval to avail long-term financing of 15.0 million euros from Deutsche Investitions-und Entwicklungsgesellschaft (DEG), a development finance institution of Germany.The company has informed that Bangladesh Bank has accorded its approval through Standard Chartered Bank,...

Genex Infosys, StanChart reach strategic partnership

FE REPORT | 2022-09-14 00:00:00

Genex Infosys Ltd, a leading IT service provider, has signed an agreement with Standard Chartered Bank to work as a strategic partner, assisting the bank with engaging with a wider client base.Under the agreement, the Genex Infosys will support Standard...

UCB Investment announces closure of EXIM Bank Bond

2022-09-14 00:00:00

UCB Investment Limited, as a placement agent, announced on Monday the closure of EXIM Bank Perpetual Bond worth of Tk 6,000 million, says a statement.The closing ceremony of the bond was held at EXIM Bank head office in the city....

MTB provides loans to marginal farmers

2022-09-14 00:00:00

Mutual Trust Bank Limited (MTB) arranged an open loan disbursement ceremony at Bagherpara, Jashore, on Tuesday for the marginal 10-Taka account holders, says a statement.In the event, marginal farmers were handed over loan disbursement cheques to finance their cow fattening...

Stocks struggle for direction -

FE REPORT | 2022-09-14 00:00:00

Stocks posted a moderate gain on Tuesday after a two-day correction, as the bargain hunters renewed their buying appetite for sector-specific issues. The market swung between positive and negative territories several times before closing marginally higher, as most investors traded...

IFIL Chairman Hossain Mahmud presiding over 316th board meeting

2022-09-14 00:00:00

Islamic Finance and Investment Limited (IFIL) Chairman Hossain Mahmud presiding over the 316th meeting of the board of directors of the company at its head office in the city on Tuesday. IFIL vice-chairmen SM Bakhtiar Alam and KBM Moin Uddin...

Agrani Bank closing ceremony of a training course on 'Development of Leadership Quality of Branch Management'

2022-09-14 00:00:00

Agrani Bank Limited Managing Director and CEO Md Murshedul Kabir attended as the chief guest the closing ceremony of a training course on 'Development of Leadership Quality of Branch Management' orgainsed by the bank's Training Institute in the city on...

Ctg businesses take hard line

NAZIMUDDIN SHYAMOL | 2022-09-14 00:00:00

CHATTOGRAM, Sept 13: The businessmen of Chattogram have declared that if the government does not withdraw the load control stations (LCS), set up on Dhaka-Chattogram Highway in June 2018, within next one month, they would take a tough stance. As...

BGMEA seeks Swedish support

FE REPORT | 2022-09-14 00:00:00

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought Swedish support to pursue its efforts towards ensuring sustainable growth through innovation, technology transfer, and diversifying products. The local export-oriented ready-made garment (RMG) industry is aspiring to enhance its competitiveness...

Why not try Bangladesh as investment destination?

FE REPORT | 2022-09-14 00:00:00

Commerce Minister Tipu Munshi has urged investors from Hong Kong to try Bangladesh for investment, in order to get benefits from the country's demographic dividend, skilled workforce and congenial investment environment."Bangladesh has a good demographic dividend, skilled workforce and congenial...

Woman, mother-in-law die from snake bite in Kushtia

2022-09-14 00:00:00

KUSHTIA, Sept 13 (UNB): A newly-wed woman and her mother-in-law died on Tuesday morning after being bitten by a snake.The dead are Kamru-nnahar (17) and her mother-in-law Zainab Begum (48), residents of Mamudanipur village in Jayanti Hazra union of Khoksha...

Khulna woman missing for 18 days, six held

2022-09-14 00:00:00

KHULNA, Sept 13 (UNB): Police on Tuesday claimed to have arrested six people in connection with the disappearance of a 55-year-old woman in Khulna on August 27.Rahima Khatun went missing after she had stepped out of her home to fetch...

KUET student sued under DSA

2022-09-14 00:00:00

KHULNA, Sept 13, (UNB): A student of Khulna Engineering and Technology University (KUET) was sued in a case filed under the Digital Security Act (DSA) for his alleged anti-state posts through Telegram App.The varsity's Security Officer Md Sadek Hossain Promanik...

'Genuine landless people in Jungle Salimpur slums to be rehabilitated'

OUR CORRESPONDENT | 2022-09-14 00:00:00

CHATTOGRAM, Sept 13: A number of taskforce committees have been formed to create a master plan focused on eco-friendly development in the slums of Jungle Salimpur at Sitakunda in Chattogram. The committees held a high-level meeting at the Prime Minister's...

Commuters suffer for transport workers' strike in Sylhet

2022-09-14 00:00:00

SYLHET, Sept 13 (UNB): Thousands of commuters in Sylhet suffered immensely as buses stayed off the roads since Tuesday morning in the wake of an indefinite strike called by Sylhet district transport workers.Sylhet district road transport workers coordination council called...

Real Madrid closed financial year with $13.19m profit

2022-09-14 00:00:00

Real Madrid closed the 2021-22 financial year with a 13 million euros ($13.19 million) profit, the Spanish club said, with the Covid-19 pandemic still having an impact on revenues, reports Reuters.The club had managed to remain in profit over the...

Sri Lankan cricket team get heroes' welcome back home

2022-09-14 00:00:00

COLOMBO, Sept 13 (Agencies): Battered by the ongoing economic crisis, Sri Lankans gathered on the streets to welcome the Asia Cup-winning cricket team, who were paraded from the airport to capital Colombo on Tuesday.People flocked to the airport on Tuesday...

BCB ponders over Mahmudullah's selection for T20 WC

2022-09-14 00:00:00

Bangladesh selectors are in two minds regarding the inclusion of Mahmudullah Riyad in the T20 squad for the World Cup to be played in Australia in October-November, reports Cricbuzz.Mahmudullah, the former national skipper, and with the most number of caps...

BD eliminated with defeat against India

2022-09-14 00:00:00

Bangladesh U-17 team were eliminated from the six-nation SAFF U-17 Championship losing to defending champions India 2-1 in the first semifinal at the Racecourse International Stadium in Colombo, Sri Lanka on Monday, reports UNB.India will play the final today (Wednesday).After...

Hamza open to play for Bangladesh

2022-09-14 00:00:00

Bangladeshi-origin English footballer Hamza Choudhury is open to playing for Bangladesh, admitting he would be "more than proud" and "honoured" to represent the nation, according to British sports channels' website Sky Sports.In a wide-ranging interview with the first British-Bangladeshi to...

Bangladesh take solo lead beating Bhutan by 2-1

2022-09-14 00:00:00

Bangladesh took a solo lead in the five-nation Group B of the AFC U-20 Asian Cup Qualifiers beating Bhutan by 2-1 goal in their 2nd match at the Sheikh Ali Bin Mohammed Bin Khalifa Stadium in Bahrain on Monday night,...

Gold price remains flat, silver price inches up

2022-09-14 00:00:00

NEW DELHI, Sept 13 (Business Today): Gold and silver prices today inched up in the international market to $1,735.14 an ounce, near a two-week high hit in the previous session, helped by a subdued dollar.Gold prices remained flat in the...

Oil prices rise amid worries about tight fuel supplies

2022-09-14 00:00:00

LONDON, Sept 13 (Reuters): Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand in China, the world's biggest crude importer.Brent crude gained 78 cents, or 0.8 per cent, to...

Three layers of monitoring to curb rice prices: Minister

2022-09-14 00:00:00

Food Minister Sadhan Chandra Majumder reveals that the government is planning to launch a website that discloses price information on the rice market at three stages to regulate prices, reports bdnews24.com.Millers will use the site to announce the rice price...

Russia, Myanmar not invited to Queen's funeral

2022-09-14 00:00:00

LONDON, Sept 13 (Reuters): Britain has not invited representatives from Russia, Belarus and Myanmar to attend Queen Elizabeth's state funeral due to be held next Monday, a Whitehall source said on Tuesday.Britain, along with its Western allies, has sought to...

Police officer shot dead in Canada

2022-09-14 00:00:00

OTTAWA, Sept 13 (AFP): A police officer was killed when a shooter opened fire west of Toronto on Monday, an official said.One other person also died, according to local media, and at least three people were wounded in the violence."I'm...

Over 0.5m Somali children face acute malnutrition

2022-09-14 00:00:00

MOGADISHU, Sept 13 (Reuters): The number of young children in Somalia facing severe acute malnutrition (SAM) has increased to over half a million - a level higher than a 2011 famine in which tens of thousands of children died, UN...