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Standard Bank holds AGM

2022-07-24 00:00:00

The 23rd Annual General Meeting (AGM) of Standard Bank Limited was held through videoconferencing on Thursday, says a press release. Kazi Akram Uddin Ahmed, the Chairman of the Board of Directors of the bank, presided over the meeting. Vice Chairman...

BGMEA, fashion designer Kuhu to take Bangladeshi culture to global arena with garments

2022-07-24 00:00:00

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has signed a memorandum of understanding (MoU) with noted fashion designer Kuhu Plamondon to explore the opportunity of exporting garments linking rich culture and heritage of Bangladesh with fashion, reports UNB.On behalf...

DSE/CSE News in Brief (2022-07-24)

2022-07-24 00:00:00

Disbursement of dividend Peoples Insurance Co. Limited: The company informed that the cash dividend for the year ended on December 31, 2021 has already been distributed to the respective shareholder's bank account and margin loan account on July 20, 2022.Sale...

Metal holds annual meet

2022-07-24 00:00:00

The Annual Meet of Metal, the country's largest agricultural technology product manufacturing and marketing company -was organized on Saturday in the city with the participation of all employees of the company. Engineer Sadid Jamil, Managing Director of Metal, Mr. AMM...

Recently Jamuna Bank Limited organized Chattogram Zone Half Yearly Business Conference 2022.

2022-07-24 00:00:00

Recently Jamuna Bank Limited organized Chattogram Zone Half Yearly Business Conference 2022. Chairman of Jamuna Bank Ltd and Jamuna Bank Foundation, Al-Haj Nur Mohammed was present as the chief guest in the conference. Special guests were Bank Directors Md. Redwan-ul...

The 9th Annual General Meeting (AGM) of NRB Bank Limited was held recently at Bank's Corporate Head

2022-07-24 00:00:00

The 9th Annual General Meeting (AGM) of NRB Bank Limited was held recently at Bank's Corporate Head Office, Dhaka. The Bank has declared 5 per cent cash dividend for the year 2021. Mr. Mohammed Mahtabur Rahman, Chairman of the Bank,...

Subscription of ICB AMCL CMSF Golden Jubilee MF opens August 17

FE Report | 2022-07-24 00:00:00

Public subscription of ICB AMCL CMSF Golden Jubilee Mutual Fund, an open-end mutual fund, will open on August 17 and to be continued till August 24, 2022, according to information of Dhaka Stock Exchange (DSE).The Bangladesh Securities and Exchange Commission...

IDCOL wins IJ Global Awards 2021

2022-07-24 00:00:00

Infrastructure Development Company Limited (IDCOL) has won the prestigious "IJ Global Awards 2021" in the "Public Sector Institution" category. The award was announced by IJ Global, a part of the Euromoney Institutional Investor business, which provides access to data, news,...

SJIBL's half-yearly confce held

2022-07-24 00:00:00

Shahjalal Islami Bank Limited (SJIBL) organized "Half-Yearly Business Conference-2022" Saturday through digital platform. The inaugural ceremony of the Conference was presided over by Managing Director & CEO of the Bank Mr. M. Shahidul Islam, while the Chairman of the Board...

Stakeholders must ensure their due roles: BSEC

Mohammad Mufazzal | 2022-07-24 00:00:00

The securities regulator will sit with various stakeholders to listen to their observations about the market and encourage them to play a proactive role in revamping it.As part of the move, the Bangladesh Securities and Exchange Commission (BSEC) will sit...

ONE Bank Limited recently signed an agreement with Green and Red Technologies Limited. Under the

2022-07-24 00:00:00

ONE Bank Limited recently signed an agreement with Green and Red Technologies Limited. Under the Agreement, both parties will work together towards removing cash friction and building a digital eco system while OK Wallet customers can enjoy 'add money' and...

EBL partners German bank for trade financing

2022-07-24 00:00:00

Eastern Bank Limited (EBL) signed a Trade Facility Agreement with KfW IPEX-Bank, Germany. Funding under this agreement will be used to expand trade between Bangladesh and Germany and other European countries, says a press release.Mehdi Zaman, Deputy Managing Director and...

FBCCI looks to boost trade ties with Brazil

2022-07-24 00:00:00

FE REPORT Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has expressed keen interest to boost trade relations with Brazil.To this effect, the apex trade body has signed two memoranda of understanding (MoUs) with the Rio de Janeiro Chamber...

Fishermen getting prepared to fish in the Bay of Bengal as fishing ban will end today (Sunday).

2022-07-24 00:00:00

Fishermen getting prepared to fish in the Bay of Bengal as fishing ban will end today (Sunday). The photo was taken from the Mongla coastal area on Saturday — Focus Bangla

Ansar member killed in Manikganj

2022-07-24 00:00:00

MANIKGANJ, July 23 (BSS): An Ansar member, who engaged in working at Ghior Upazila Family Planning Office as a night guard, was killed by one of his associates. The deceased was identified as Abdul Kuddus, 40, a resident of Boro...

Miracle!

2022-07-24 00:00:00

BRAHMANBARIA, July 23 (UNB): A housewife escaped almost unhurt when a commuter train went over her in the Akhaura Bypass area of Brahmanbaria on Friday evening. A video clip containing the incident went viral on social media instantly. The teenager...

Experts endorse polymer tech to minimise road construction cost

2022-07-24 00:00:00

Road building experts expect to drastically minimise time and cost in constructing durable roads and highways across Bangladesh with introduction of a new technology, opening up a new horizon for the country's fast growing communication sector."We can build 100 kilometres...

Lightning stirkes kill two in Magura

2022-07-24 00:00:00

MAGURA, July 23 (UNB): Two people were killed and at least four others injured after being struck by lightning in Raghobdair and Kuchiamora unions of the district's Sadar upazila on Friday. In Raghobdair, a school girl died on the spot...

Rajshahi attains surplus fish production

2022-07-24 00:00:00

RAJSHAHI, July 23 (BSS): Rajshahi district produced more than 84,000 tonnes of fish last fiscal year against the demand for 66,000 tonnes.The district has also attained significant success in fish spawn and fish fingerling production which are also surplus than...

Mixed fish farming goes on in full swing in Cox's Bazar

Our Correspondent | 2022-07-24 00:00:00

COX'S BAZAR, July 22: At the end of the salt season, cultivation of black tiger shrimp (bagda) and other fishes is going on in full swing on the same land in the coastal areas of Cox's Bazar district. Farmers have...

Aluminium producers feel the margin pain as price slumps

2022-07-24 00:00:00

LONDON, July 23 (Reuters): Aluminium producers are facing a hard landing after the bonanza pricing seen in the first half of 2022.US producer Alcoa reported an average realised price on third-party sales of $3,864 per tonne in the second quarter,...

China's home-grown C919 jet nears certification

2022-07-24 00:00:00

SHANGHAI, July 23 (Reuters): China's homegrown C919 narrow-body jet, designed to challenge the Airbus-Boeing duopoly, is nearing certification as its test planes completed all of the test flight tasks, the company said on Saturday.The state-owned manufacturer Commercial Aircraft Corp of...

Zimbabwe braces for new gold coin as hedge against inflation

2022-07-24 00:00:00

HARARE, July 23 (AFP): Zimbabwe is going to introduce a gold coin aimed at battling a resurgence in inflation and easing the public's thirst for US dollars.The 22-carat coins, each weighing one Troy ounce (31.1 grammes) and individually numbered, have...

HSBC agrees deal to sell Russian unit to Expobank

2022-07-24 00:00:00

LONDON, July 23 (Reuters): HSBC has agreed to sell its Russia business to Expobank, signing a deal shortly before Moscow said it would move to block the sale of foreign banks' Russian businesses in retaliation for restrictions imposed on its...

Fertiliser cargo from Russia heads to US as many worry about food shortages

2022-07-24 00:00:00

HOUSTON/WASHINGTON, July 23 (Reuters): A tanker carrying a liquid fertiliser product from Russia is about to arrive in the United States, sources and vessel tracking data showed in recent days, at a time of widespread worry that sky-high global fertiliser...

Google fires software engineer

2022-07-24 00:00:00

Alphabet Inc's Google said on Friday it has dismissed a senior software engineer who claimed the company's artificial intelligence (AI) chatbot LaMDA was a self-aware person, reports Reuters.Google, which placed software engineer Blake Lemoine on leave last month, said he...

Asian spot LNG prices ease as Nord Stream 1 flows resume

2022-07-24 00:00:00

LONDON, July 23 (Reuters): Asian spot liquefied natural gas (LNG) prices eased last week as concerns about a tight market eased after the resumption of Russian gas flows via Nord Stream 1 after its 10-day maintenance.The average LNG price for...

McLaughlin breaks 400m hurdles world record

2022-07-24 00:00:00

American Sydney McLaughlin shattered her own 400 metres hurdles world record to clinch her first individual World Championships gold, while compatriot Michael Norman claimed the men's 400m crown and Bahamian Shaunae Miller-Uibo won the women's event.McLaughlin blazed home in 50.68...

Mashrafe, Mushfiq congratulate new T20 captain Sohan

2022-07-24 00:00:00

Former national team captains Mashrafe Bin Mortaza and Mushfiqur Rahim have congratulated Nurul Hasan Sohan on becoming Bangladesh's T20 captain for the upcoming Zimbabwe tour, reports UNB. The Bangladesh Cricket Board (BCB) Friday announced the squads for the tour where...

Junior Badminton Championship begins today

2022-07-24 00:00:00

The 37th National Junior Badminton Championship begins today (Sunday) at Shaheed Tajuddin Ahmed Indoor Stadium in the city, said a press release.State Minister for Youth and Sports Mohammad Zahid Ahsan Russel, MP, will inaugurate the meet as the chief guest,...