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New sub-branch of NBL: -

2022-09-12 00:00:00

 National Bank Limited opened a sub-branch in Tentulia on Sunday. Independent Director of the bank Md Naimuzzaman Bhuiyan Mukta along with Managing Director and CEO Md Mehmood Husain and other guests inaugurated the sub-branch as the chief guest.

AIBL training course:

2022-09-12 00:00:00

 Al-Arafah Islami Bank Limited organised a three-month special training course titled 'Certified AML & CFT Professional'. The closing ceremony of the course was held at the bank's head office on Saturday. Deputy Head of BFIU and Executive Director of Bangladesh...

FSIBL opens three sub-branches:

2022-09-12 00:00:00

 First Security Islami Bank Ltd. has opened three sub-branches -- Jugirhat Sub-branch at Younus Nagar, Hathazari, Chattogram; Kutubdia Sub-branch, Baroghop, Kutubdia, Cox's Bazar; and Moyendia Bazar Sub-Branch, Boalmari, Faridpur. Syed Waseque Md Ali, Managing Director of the bank, along with...

Prime Bank, Rupali Insurance team up:

2022-09-12 00:00:00

 Prime Bank and Rupali Insurance Company Limited have partnered to provide insurance facilities for Prime Bank car & home loan customers. ANM Mahfuz, DMD & CBO, Consumer Banking Division, Prime Bank, and Kazi Moniruzzaman, Director, Rupali Insurance Company, signed a...

News Briefs (2022-09-12)

2022-09-12 00:00:00

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

BPGMEA expects 20pc yearly growth in domestic sales

FE DESK | 2022-09-12 00:00:00

X-onics Ltd, a UK-Bangladesh joint venture company, organised a free workshop for engineers and technicians on digital manufacturing and digital reverse engineering for mold, dice and spare parts in Gazipur on Saturday.X-onics, which started its operations in August 2021 with...

‘Indonesian textile, BD RMG can thrive together by complementing each other’

FE REPORT | 2022-09-12 00:00:00

Bangladesh and Indonesia can complement each other for development of respective readymade garment (RMG) and textile sectors by exploring business potential in man-made fibre based garment items. The global demand for such products is increasing day by day, while Indonesia...

Navana Pharma launches IPO tomorrow

FE REPORT | 2022-09-12 00:00:00

The initial public offering (IPO) of Navana Pharmaceuticals will open for subscription tomorrow (Tuesday), aiming to raise Tk 750 million under the book-building method.The IPO subscription period will continue until September 19, officials said.Navana Pharma received the regulatory approval for...

NBL to issue $100m foreign bond

FE REPORT | 2022-09-12 00:00:00

National Bank Ltd (NBL) will issue foreign currency-dominated subordinated bond worth USD 100 million to strengthen its capital base under Basel-III guidelines.The company's board of directors has taken the decision to this end, according to a disclosure posted on the...

Stocks slip in volatile trading

FE REPORT | 2022-09-12 00:00:00

Stocks slipped into the red on Sunday, snapping a three-day rally, as Jittery investors rushed to book profits on major sector issues after the recent price surge.The market remained positive in the first three hours of the trading session amid...

Saudi IsDB approves $1.12b for dev projects in nine countries

2022-09-12 00:00:00

RIYADH, Sept 11 (Arab News): Saudi Arabia-based Islamic Development Bank has approved $1.12 billion for financing development projects for various sectors in nine member countries, according to a statement. It has also approved a grant worth $1.79 million for a...

SRC to raise $810m additional sukuk to boost home mortgages: CEO

2022-09-12 00:00:00

RIYADH, Sept 11 (Arab News): Saudi Real Estate Refinance Co. is raising SR3 billion ($810 million) additional sukuk to boost home mortgages in the Kingdom, according to a top official. In an exclusive with Arab News on the sidelines of...

British cinema chain Cineworld files for US bankruptcy

2022-09-12 00:00:00

LONDON, Sept 11 (AFP): Britain's Cineworld, the world's second biggest cinema chain, announced Wednesday that it has filed for bankruptcy protection in the United States as it seeks to restructure after facing low audience numbers.The group, which operates hundreds of...

Meeting on 'Phytosanitary Trade Compliance' held in city

2022-09-12 00:00:00

A steering committee meeting on "Phytosanitary Trade Compliance in Bangladesh", a project supported by APAARI, USDA and USAID, was held in a city hotel this week to set a complete and an independent "National Plant Protection Authority" in the country,...

Gas rationing risk means French yoghurt factory faces sour future

2022-09-12 00:00:00

JOUY, (France,) Sept 11 (AFP): Tanker trucks filled with milk collected from across northern France waited in line to unload their precious cargo at one of the country's biggest yoghurt factories on a recent morning, but this ritual is at...

Conference of branch managers of Janata Bank in Rangpur

2022-09-12 00:00:00

A conference of branch managers of Janata Bank in Rangpur, Kurigram and Gaibandha districts was held at RDRS auditorium in Rangpur on Saturday. Managing Director and CEO of the bank Md Abdus Salam Azad was present as the chief guest

‘Govt to build int'l standard shipyard in Patuakhali’

2022-09-12 00:00:00

Industries Secretary Zakia Sultana said on Saturday that an initiative has been taken to build an international standard shipyard near Payra port in Patuakhali district, reports BSS."The shipbuilding and repair factory will be set up under the management of Bangladesh...

Md Zahidul Haque new MD of RAKUB

2022-09-12 00:00:00

RAJSHAHI, Sept 11 (BSS): Md Zahidul Haque has joined Rajshahi Krishi Unnayan Bank (RAKUB) as its managing director.Prior to the new assignment, he was the Managing Director of Probashi Kallyan Bank.During his long banking career, he served as Deputy Managing...

TCB starts selling products among low-income families

2022-09-12 00:00:00

The state-run Trading Corporation of Bangladesh (TCB) started on Sunday selling its products for the month of September among some 10 million (one crore) TCB card holder low-income families, reports BSS.Senior Secretary of the Ministry of Commerce Tapan Kanti Ghosh...

Rupali Bank launches 100-day special programme to achieve business targets

2022-09-12 00:00:00

Rupali Bank Limited has announced a 100-day special action plan in order to create major breakthroughs in all business indicators and achieve business targets.Managing Director and CEO of the bank Moha-mmad Jahangir made this announcement on Sunday.The bank's Chairman Kazi...

Govt plans to set up food labs in eight divisions: Sadhan

2022-09-12 00:00:00

Food Minister Sadhan Chandra Majumder said on Sunday the government was planning to set up food laboratories in eight divisions across the country for ensuring hygienic food in the market, reports BSS."In order to test the quality of food, the...

News in Brief -(2022-09-12)

2022-09-12 00:00:00

Tidal surges likely to inundate low-lying areas of coastal districtsLow-lying areas of coastal districts and their offshore islands and chars are likely to be inundated by tidal surges, the weather department said on Sunday. The districts are Satkhira, Khulna, Bagerhat,...

Four missing as two boats sink in Padma River

2022-09-12 00:00:00

RAJSHAHI, Sept 11 (BSS): Four people were missing as a boat capsized in the river Padma due to its strong current near Satbaria area in the city on Sunday morning.The identity of the missing people couldn't be known immediately as...

Couple found dead in Narayanganj flat

2022-09-12 00:00:00

NARAYANGANJ, Sept 11 (UNB): Police recovered the half-decomposed bodies of a man and his wife from a multi-storey building in Siddhirganj area of Narayanganj on Saturday.The deceased were identified as Rabiul, son of Abu Taleb of Nilphamari district and Lucky...

Husband, wife killed in Chandpur road accident

2022-09-12 00:00:00

CHANDPUR, Sept 11 (UNB): A man and his eight-month pregnant wife were killed in a collision between a speeding truck and a CNG-run-auto rickshaw in Kachua upazila of the district on Saturday.The deceased were identified as Waz Uddin (30) and...

People affected by Dharla river erosion formed a human chain

2022-09-12 00:00:00

People affected by Dharla river erosion formed a human chain in front of Kurigram Press Club on Sunday, demanding immediate steps to protect their homesteads and agriculture land — bdnews24.com

New tech makes onion growers happy

2022-09-12 00:00:00

FARIDPUR, Sept 11 (UNB): Every year, it is said that almost a quarter of the country's total output of onions - which in 2020-21 stood at 3.3 million metric tonnes - ends up wasted, going rotten due to bacterial infection,...

Swiatek swats aside Jabeur

2022-09-12 00:00:00

NEW YORK, Sept 11 (Reuters): World number one Iga Swiatek swept to a 6-2 7-6(5) victory over Tunisia's Ons Jabeur in the US Open final on Saturday to clinch her maiden trophy at Flushing Meadows and third Grand Slam crown.Poland's...

South Africa build a slender lead against England in 3rd Test

2022-09-12 00:00:00

LONDON, Sept 11 (AFP): South Africa captain Dean Elgar led from the front as the tourists built a slender lead in the third and deciding Test against England at the Oval on Sunday.The Proteas were 70-1 in their second innings,...

Bangladesh hold stronger Bahrain to a goalless draw

2022-09-12 00:00:00

Bangladesh U-20 Football team made a good start in the five-nation AFC U-20 Asian Cup Qualifiers after playing goalless draw with stronger Bahrain in one of the two opening day matches at Sheikh Ali Bin Mohammed Bin Khalifa Stadium in...