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Dhaka Bank provided an ambulance to Hayatuzzaman-Ibrahim Healthcare Center

2022-09-13 00:00:00

The Dhaka Bank Limited has provided an ambulance to the Hayatuzzaman-Ibrahim Healthcare Center recently for providing emergency medical treatment to underprivileged sections of the society under its Corporate Social Responsibility. Nazrul Islam Babu MP, Narayanganj-2, was present as the chief...

Social Islami Bank arranged a discussion and views exchange meeting

2022-09-13 00:00:00

Social Islami Bank Limited arranged a discussion and views exchange meeting on Remittance at Baridhara in the city recently to create awareness about sending remittance through banking channel and its importance in the socio-economic condition of the country. Zafar Alam,...

346th board meeting of SJIBL held

2022-09-13 00:00:00

The 346th meeting of the board of directors of Shahjalal Islami Bank Limited (SJIBL) was held at its corporate head office in the city recently. SJIBL Chairman Mohammed Younus presided over the meeting. The board approved a number of investment...

IFIC Bank entered a partnership with Mastercard

2022-09-13 00:00:00

With a view to offering customers maximum utility from card products and services, IFIC Bank Limited has entered a partnership with Mastercard at a function held at IFIC Tower in the city on Monday. Mastercard Country Manager Syed Mohammad Kamal...

News Briefs (2022-09-13)

2022-09-13 00:00:00

Disbursement of dividend Prime Insurance Company Limited: The company has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Southeast Bank Limited: The company has disbursed the cash dividend for the year ended on December...

Mercantile Bank organised a virtual seminar

2022-09-13 00:00:00

Mercantile Bank recently organised a virtual seminar on "Sustainable Finance-Challenges and opportunities" conducted from its training institute in Dhaka. A total of 243 officials including the heads of various divisions, cells of Head Office and branches participated in the seminar...

Arif Quadri, inaugurating 219th branch at Norosinghopur

2022-09-13 00:00:00

Arif Quadri, Managing Director & CEO, United Commercial Bank Limited, inaugurating its 219th branch at Norosinghopur, Ashulia, Dhaka on Monday as the chief guest.

BGMEA, OCAIB keen to collaborate on supply chain training

2022-09-13 00:00:00

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Overseas Chinese Association in Bangladesh (OCAIB) are willing to collaborate in providing training to mid-level management in the RMG industry to improve their knowledge and skills in supply chain management,...

Govt releases Tk 19b in cash incentives for local exporters

FE REPORT | 2022-09-13 00:00:00

The government has released a sum of Tk 19 billion for the payment of cash incentives to local exporters on their export earnings, officials said.It is the first instalment of cash incentives for July-September period of the current fiscal year...

Trade Fair in New York begins from Sept 23

2022-09-13 00:00:00

A three-day Bangladeshi Immigrant Day and Trade Fair will start on September 23 in New York, reports BSS.Muktdhara New York and USA-Bangladesh Business Links in association with the Greater New York Chamber of Commerce are going to organise the day...

Foreign investors urged to expand businesses in BD

2022-09-13 00:00:00

Speakers at a tri-nation international seminar involving Indonesia, Malaysia and Bangladesh have urged foreign entrepreneurs to expand their businesses in Bangladesh by highlighting the investment facilities offered by the government, reports UNB.Cityscape International Ltd, a Dhaka-based leading construction and real...

MTB, Ispahani Eye Hospital team up on RMG eye care

2022-09-13 00:00:00

MTB Foundation recently signed an agreement with Ispahani Islamia Eye Institute and Hospital (IIEI&H) for the project titled, 'Eye Health Service for the Garment Workers, predominantly Female'. Under the agreement, MTB Foundation and Ispahani Islamia Eye Institute and Hospital (IIEI&H)...

JMI Hospital Requisite keeps rising sans PSI

FE REPORT | 2022-09-13 00:00:00

The stock price of JMI Hospital Requisite Manufacturing was rising 'abnormally' since its debut five months back amid an 'irrational hype' involving investors.The medical equipment manufacturer's share jumped 48 per cent in a month to close at Tk 104.80 on...

BSEC asks some merchant banks to explain

FE REPORT | 2022-09-13 00:00:00

The securities regulator has asked several merchant banks to explain why their issue management activities will not be suspended over their involvement in the listing of non-performing companies.The Bangladesh Securities and Exchange Commission (BSEC) on Monday asked the companies to...

Pharma shares pull stocks down

FE REPORT | 2022-09-13 00:00:00

Stocks passed another downbeat session on Monday as the jittery investors close to book profits on large-cap pharmaceuticals issues after the recent price surge.The market opened on a positive note and the key index rose about 23 points within the...

Mercer receives advisory licence from CMA

2022-09-13 00:00:00

RIYADH, Sept 12 (Arab News): Global asset management firm Mercer has received its advisory investment licence from the Capital Market Authority to operate in Saudi Arabia.During the Euromoney Saudi Arabia Conference held in Riyadh, Mercer's President for Asia, the Middle...

Japan liquor businesses turn to non-alcoholic drinks

2022-09-13 00:00:00

TOKYO, Sept 12 (Reuters): Bucking the age-old stereotype of hard-drinking college students, Manaka Okamoto considers the next day's schedule before cracking open an alcoholic beverage."If I have to get up early, and I think 'Oh, I should hold off on...

J&J reaches $205m settlement in Australia

2022-09-13 00:00:00

SYDNEY, Sept 12 (Reuters): Johnson & Johnson (J&J) has reached a A$300 million ($204.90 million) settlement in two Australian class action suits filed by Shine Lawyers for selling defective pelvic mesh implants to Australian women, the law firm said on...

Biden to hit China with broader curbs on US chip, tool exports

2022-09-13 00:00:00

WASHINGTON, Sept 12 (Reuters): The Biden administration plans next month to broaden curbs on US shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said.The Commerce Depart-ment intends to publish new...

BoA enlists thousands of employees for wealth lending group

2022-09-13 00:00:00

NEW YORK, Sept 12 (Reuters): Bank of America (BoA) Corp created a new group in its global wealth and investment management division to focus on lending to rich clients, the company told Reuters on Monday.Chief Executive Officer Brian Moynihan tapped...

Amazon India to waive 50pc fee for new sellers

2022-09-13 00:00:00

BENGALURU, Sept 12 (Reuters): Amazon.com Inc's Indian arm said on Monday it will halve the fee for new sellers on its platform as the e-commerce giant gears up for the festive season in one of its key markets.All new sellers...

Germany paying billions for Russian imports

2022-09-13 00:00:00

BERLIN, Sept 12 (Reuters): Germany imported goods from Russia valued at 2.9 billion euros ($2.95 billion) in July, according to data released on Monday, as elevated energy costs frustrated German efforts to wind down trade with Russia.The value of German...

India may need up to 28GW in new coal-fired plants

2022-09-13 00:00:00

NEW DELHI, Sept 12 (Reuters): India may need up to 28 gigawatts of new coal-fired power plants by 2032 to meet power demand that is expected to more than double from the current 404.1 GW, a government advisory body said,...

Certificate Awarding Ceremony of two-day training programme

2022-09-13 00:00:00

Vice Chairman and CEO of Export Promotion Bureau (EPB) AHM Ahsan was present as the chief guest and Kazi Zinnat Ali, president, Gopalgonj Chamber of Commerce and Industry, as the special guest at the Certificate Awarding Ceremony of two-day training...

Khulna and Jashore zones of Islami Bank Bangladesh organised a webinar

2022-09-13 00:00:00

Khulna and Jashore zones of Islami Bank Bangladesh Limited organised a webinar on 'Compliance of Shari'ah in Banking Operations' recently on a virtual platform. Md Quamrul Hasan, director of the bank, addressed the webinar as the chief guest while Md...

Nagad offers Tk 50 instant bonus on 'Add Money' from banks

2022-09-13 00:00:00

Nagad brings an exclusive instant cashback of Tk 50 for its users on wallet loading from 'Bank to Nagad' option on the 'Nagad' app or the online banking/mobile app of the partner banks. The offer is aimed to facilitate simple...

Secy-level meeting begins today to boost BD-Bhutan trade

2022-09-13 00:00:00

The two-day secretary-level meeting between Bangladesh and Bhutan will begin today (Tuesday) at a hotel in the capital in order to make effective the Preferential Trade Agreement (PTA) signed earlier between the two countries and also to boost bilateral trade...

FBCCI chief mourns death of Sajeda Chowdhury

FE REPORT | 2022-09-13 00:00:00

FBCCI President Md Jashim Uddin has expressed deep grief and sorrow over the demise of the deputy leader of Jatiya Sangsad and Awami League Presidium Member Syeda Sajeda Chowdhury.In a condolence message on Monday, President of the Federation of Bangladesh...

BBG members discuss ways to overcome post-LDC challenges

2022-09-13 00:00:00

The British Business Group (BBG) Bangladesh organised an event to discuss "Overcoming Least Developed Countries (LDC) Graduation Challenge of Bangladesh recently to shed light on the preparation, planning, implementation, and monitoring of the possible challenges, says a press release. The...

Teenager Alcaraz wins US Open to earn first major

2022-09-13 00:00:00

NEW YORK, Sept 12 (AP): Walking out for his first Grand Slam final at age 19, Carlos Alcaraz bumped fists with fans leaning over a railing along the path leading to the Arthur Ashe Stadium court. Moments later, after the...