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Brig Gen Kazi Shamsul Islam hands over a prize to the top producer at the half-yearly Business Conference-2022

2022-07-22 00:00:00

MD and CEO of Astha Life Insurance Company Ltd Brig Gen Kazi Shamsul Islam hands over a prize to the top producer at the half-yearly Business Conference-2022 of the company at the Trust Auditorium at Dhaka Cantonment on Thursday —...

Union Bank signed agreement with Titas Gas

2022-07-22 00:00:00

Union Bank Limited has signed an agreement with Titas Gas Transmission & Distribution Company Limited on Thursday. Under this agreement, clients will be able to pay Titas Gas bills through all branches, sub-branches and iBanking of Union Bank. Md Nazrul...

IFIC Bank conducted an intensive awareness workshop

2022-07-22 00:00:00

IFIC Bank Ltd conducted an intensive awareness workshop on the 'Prevention of cervical and breast cancer' for its female employees on Wednesday. The workshop was organised in association with the Cervical and Breast Cancer Screening and Workshop Centre, Bangabandhu Sheikh...

Islami Bank Bangladesh organised a workshop -

2022-07-22 00:00:00

Islami Bank Bangladesh Limited organised a workshop on 'Automated Foreign Currency (FC) Clearing through RTGS System' on Thursday at Islami Bank Tower. Md Omar Faruk Khan, Additional Managing Director of the bank, inaugurated the workshop as the chief guest. Executives...

News Briefs (2022-07-22)

2022-07-22 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.Category...

Tesla keeps Nasdaq afloat, AT&T forecast weighs on S&P 500

2022-07-22 00:00:00

The Nasdaq rose on Thursday as electric automaker Tesla topped Wall Street's profit target, while the benchmark S&P 500 edged lower due to losses in telecom stocks after AT&T cut its cash flow forecast, reports Reuters.Tesla rose 5.5 per cent...

Toshiba selects Bain, CVC, Brookfield for second round

2022-07-22 00:00:00

TOKYO, July 21 (Reuters): Japan's Toshiba Corp has selected four bidders including private equity firms Bain Capital, CVC Capital Partners and Brookfield Asset Management to proceed to a second bidding round, people briefed on the matter said.The race for what...

Gulf bond hopefuls wait in the wings after first-half plunge in volumes

2022-07-22 00:00:00

DUBAI, July 21 (Reuters): Middle East companies waiting for a favourable window to sell bonds face some tough choices in terms of when to tap the market, a situation that has already contributed to an 80 per cent plunge in...

Hungary to buy more Russia gas

2022-07-22 00:00:00

BUDAPEST, July 21 (AFP): Hungarian Foreign Minister Peter Szijjarto travelled to Moscow on Thursday to discuss purchasing more Russian gas on behalf of his country, the ruling Fidesz party said."In order to ensure the security of Hungary's energy supply, the...

United Airlines 2Q profit of $329m misses Wall Street target

2022-07-22 00:00:00

NEW YORK, Jul 21 (AP): United Airlines said Wednesday that it earned $329 million in the second quarter as summer vacationers packed planes, but the results fell far short of Wall Street expectations due largely to soaring fuel prices.United said...

Pak rupee slides to Rs229 against dollar

2022-07-22 00:00:00

The Pakistani rupee further depreciated on Thursday as the US dollar rose above Rs229.98 in the inter-bank market, setting a new record, reports The Express Tribune.As economic challenges for the country increased, the dollar's meteoric rise continued as commercial banks...

Study finds ICDs' weaknesses

FE REPORT | 2022-07-22 00:00:00

There are institutional and operational weaknesses across the value chain in handling dangerous chemicals at Inland Container Depots (ICDs) - this needs to be addressed immediately, said a study of the Centre for Policy Dialogue (CPD).Therefore, CPD recommended that a...

JMI Hospital Requisite added to DSEX

FE REPORT | 2022-07-22 00:00:00

Dhaka Stock Exchange (DSE) has added JMI Hospital Requisite Manufacturing Ltd to its benchmark DSEX index on reviewing quarterly IPO addition, as it met all the criteria. The newly revised index will be effective from July 24 (Sunday), according to...

LafargeHolcim Q2 EPS jumps 10 per cent

FE Report | 2022-07-22 00:00:00

LafargeHolcim Bangladesh, a publicly listed company, has registered a 10 per cent growth in its EPS (earnings per share) for April-June (Q2) of 2022, compared to the same quarter of the previous year.The company has posted an EPS of Tk...

RAK Ceramics to set up bath fittings plant

FE REPORT | 2022-07-22 00:00:00

RAK Ceramics (Bangladesh), a UAE-Bangladesh joint venture company, is going to invest in faucets business by establishing a new plant at an estimated cost of Tk 950 million."The board of directors of the company has decided to invest in faucets...

Help revive market sentiment

FE REPORT | 2022-07-22 00:00:00

The securities regulator has asked the Asset Management Companies (AMCs) not to behave like retail investors, and instead play a supportive role to help revive the sluggish capital market.The Bangladesh Securities and Exchange Commission (BSEC) made the call on Thursday...

SIBL launches e-account service for NRBs

2022-07-22 00:00:00

Non-resident Bangladeshis (NRBs) can now open e-account through 'SIBL NOW' mobile app from abroad. Zafar Alam, Managing Director & CEO of Social Islami Bank Limited (SIBL), inaugurated the service 'e-Account for Non-resident Bangladeshis' as the chief guest at the bank's...

DSEX hits one-year low as sell-off continues

FE REPORT | 2022-07-22 00:00:00

Stocks extended the losing streak for an eighth consecutive day on Thursday, with the key index of the prime bourse hitting a one-year low, as nervous investors continued their sell-offs amid confidence crisis.The market opened higher and the benchmark equities...

China's Bin Feng wins world women's discus gold

2022-07-22 00:00:00

EUGENE, United States, July 21 (AFP): China's Feng Bin threw a massive personal best of 69.12m on her first visit to the ring to claim world discus gold on Wednesday.It improved by more than three metres her previous best of...

Juve complete deal for Torino defender Bremer

2022-07-22 00:00:00

Torino defender Gleison Bremer has joined Juventus on a five-year deal, the 36-times Serie A champions said on Wednesday, reports Reuters.Juventus agreed to pay Torino 41 million euros ($41.73 million) for the Brazilian, as well as up to eight million...

England women rally to reach Euro 2022 semi-finals

2022-07-22 00:00:00

BRIGHTON, United Kingdom, July 21 (AFP): England rallied from the brink of elimination to beat Spain 2-1 after extra time and reach the semi-finals of Euro 2022 thanks to Georgia Stanway's stunning strike.Ether Gonzalez's opener had the hosts heading for...

Real Betis' new Italian-Brazilian defender Luiz Felipe

2022-07-22 00:00:00

Real Betis' new Italian-Brazilian defender Luiz Felipe controls the ball during his official presentation at the Benito Villamarin stadium in Seville on Thursday — AFP

Sri Lanka unable to host Asia Cup 2022

2022-07-22 00:00:00

The ongoing political and economic crisis in Sri Lanka has compelled the island nation to excuse itself from hosting upcoming regional cricket event, Asia Cup 2022, reports sportsritenow.com.The Sri Lanka Cricket (SLC) has informed the Asian Cricket Council (ACC) about...

Muktijoddha Sangsad beat Mohammedan

2022-07-22 00:00:00

Muktijoddha Sangsad upset Dhaka Mohammedan 2-1 in the 20th round match of the 12-team Bangladesh Premier League (BPL) Football at the Sheikh Fazlul Haque Moni Stadium in Gopalganj on Thursday, reports UNB.Burundian forward Sudi Abdullah scored both goals for Muktijoddha...

U-20 football team leave for India today

2022-07-22 00:00:00

A 23-member of Bangladesh U-20 national football team will leave for India today (Friday) to take part in the SAFF U-20 Championship scheduled to be held in Bhubaneswar, an ancient city in India's eastern state of Odisha from July 25...

Sunday's hat-trick secures Rahmatganj's emphatic victory

2022-07-22 00:00:00

Nigerian forward Sunday Chizoba slammed a brilliant hat-trick saw Rahmatganj Muslim and Friends Society registered an overwhelming 5-1 goal victory over Swadhinata Krira Sangha in the TVS Bangladesh Premier League football held on Thursday at Muktijoddha Smrity Stadium in Rajshahi,...

Day-long National Ranking Open tournament held

2022-07-22 00:00:00

National Ranking Open Tournament-3 was held on Thursday at Shaheed Ahsan Ullah Master Stadium in Tongi, reports BSS. In the recurve men's singles event, Ruman Sana emerged top position while Mohammad Faisal finished the second position in this event.In the...

BCB likely to adopt rotation policy to cope with tight FTP

2022-07-22 00:00:00

The Bangladesh Cricket Board (BCB) might adopt a rotation policy for the players to cope with a busy schedule for 2023-2027 Future Tour Programme (FTP) cycle.In these four years Bangladesh will play 144 matches-34 Tests, 59 ODIs and 51 T20...

Md. Abdul Mannan greeted newly-appointed Senior Secretary of Finance Division Fatima Yasmin

2022-07-22 00:00:00

Managing Director of Rajshahi Krishi Unnayan Bank (RAKUB) Md. Abdul Mannan greeted newly-appointed Senior Secretary of Finance Division under the Ministry of Finance Fatima Yasmin with a bouquet on Thursday. Md. Mukhleshur Rahman, Assistant General Manager (in charge of Deputy...

Bangladesh Commerce Bank inaugurated two new sub-branches

2022-07-22 00:00:00

Bangladesh Commerce Bank Ltd. inaugurated its two new sub-branches recently at Jalalpur Bazar and Robirbazar with all the latest banking facilities. The inauguration programme was presided over by Md Tajul Islam, Managing Director & CEO. Chairman of the Board of...