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Mercantile Bank organised a workshop

2022-08-23 00:00:00

Mercantile Bank organised a workshop titled 'Internal Credit Risk Rating System (ICRRS) for Banks' at its training institute in Dhaka recently. A total of 50 officials participated in the workshop. Hasne Alam, Deputy Managing Director & CBO of the bank,...

News Briefs (2022-08-23)

2022-08-23 00:00:00

Board meetingInternational Leasing and Financial Services Limited: A board meeting of the company will be held on August 25, 2022 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.Spot...

Asia Life Ins Summit -2022

2022-08-23 00:00:00

Nasir Uddin Ahmed (Pavel), First Vice President of Bangladesh Insurance Association (BIA) and Vice Chairman of Meghna Life and Karnaphuli Insurance Company Ltd., will participate in the Asia Life Insurance Summit-2022 to be held in Singapore on August 24 and...

Canada-China-owned co to invest $91.15m in Ishwardi EPZ

2022-08-23 00:00:00

Big Dipper Textile Mills Ltd, a Canada-China-owned enterprise, is going to establish a Textile industry in Ishwardi Export Processing Zone (IEPZ) with an investment of $91.15 million, reports BSS. An agreement to this effect was signed between Bangladesh Export Processing...

Zainal Abedin joins BKB as GM

2022-08-23 00:00:00

Eminent banker Md Zainal Abedin joined Bangladesh Krishi Bank (BKB) as General Manager (GM) on August 17, says the bank in a statement.Prior to his joining BKB, he was the GM of Rajshahi Krishi Unnayan Bank. He started his banking...

Padma Bridge boosts Mongla Port activity

2022-08-23 00:00:00

KHULNA, Aug 22 (BSS): Mongla Port, country's second largest sea port, saw huge activities during the last two months, after the inauguration of the Padma Bridge.Huge machinery, equipment, raw materials of some mega projects including Ruppur Nuclear Power Plant, Rampal...

Sonali Bank Ltd to open call centre

2022-08-23 00:00:00

Sonali Bank Limited signed an agreement with a joint venture between Digicon Technologies Limited and Earth Next Technologies Limited to open a call centre to ensure better and uninterrupted customer service, says a statement. The agreement was signed on Monday...

BB seeks to salvage 10 weak banks, starts talks

2022-08-23 00:00:00

Bangladesh Bank (BB) has opened talks with the managing directors and the chief financial officers of 10 banks to try to finalise deals to save them from collapsing, reports UNB.The move got underway after the central bank's inspection found severe...

Union Capital share price soars 77pc in 14 days

FE REPORT | 2022-08-23 00:00:00

Share price of Union Capital continued to rise abnormally even though there is no undisclosed price sensitive information (PSI) behind such a price hike.The company's share price jumped 77.46 per cent in last 14 days on Dhaka Stock Exchange (DSE).In...

Bank Asia holds workshop

2022-08-23 00:00:00

Bank Asia has organised a training workshop on 'Trust Fund Management in Payment and Settlement Services' at Bank Asia Institute for Training and Development (BAITD) at Lalmatia in Dhaka recently, says a statement.More than 200 officers participated in the workshop...

Navana Pharma's IPO opens Sept 13

FE REPORT | 2022-08-23 00:00:00

The initial public offering (IPO) of Navana Pharma-ceuticals is set to open for subscription on September 13, aiming to raise Tk 750 million under the book-building method.The IPO can be subscribed through the electronic subscription system of the stock exchanges...

DSE turnover hits seven-month high -

FE REPORT | 2022-08-23 00:00:00

Stocks continued to rally on Monday, with the daily turnover on the prime bourse hitting a fresh seven-month high as investors put fresh bets on stocks amid growing confidence in the market.Turnover, a crucial indicator of the market, stood at...

Bogura Zone of Islami Bank Bangladesh organised a webinar

2022-08-23 00:00:00

Bogura Zone of Islami Bank Bangladesh Limited organised a webinar on 'Compliance of Shari'ah in Banking Operations' on Saturday on a virtual platform. Md. Khurshid-Ul-Alam, director of the bank, addressed the webinar as chief guest and Md. Omar Faruk Khan,...

Standard Chartered adjudged CSR market leader in BD

2022-08-23 00:00:00

The Standard Chartered Bangladesh was recently named the Market Leader in Bangladesh for CSR under the Euromoney Market Leaders survey, says the bank in a statement. The survey is an independent assessment conducted by Euromoney, a leading global financial publication....

Nagad brings 10-taka mobile recharge offer

2022-08-23 00:00:00

Along with other services, Nagad, the popular mobile financial service, has launched an exclusive 10-taka recharge offer to provide users with more profits on mobile recharge, says a statement. Under the campaign, customers who have not recharged after December 31,...

Pubali Bank launches online Islamic Banking

2022-08-23 00:00:00

Pubali Bank Limited has launched Shariah-based Islamic Banking Services online in all of its 491 branches and 93 sub-branches, says a press release. Safiul Alam Khan Chowdhury, Managing Director and CEO of the bank, was present as the Chief Guest...

Tea workers divided over strike

2022-08-23 00:00:00

MOULVIBAZAR, Aug 22 (UNB): The general tea garden workers and union leaders are now divided over continuing their indefinite strike for a hike in their daily wage to Tk 300 from Tk 120, after the leaders signed a deal with...

Qatar to hire more workers from BD

2022-08-23 00:00:00

Qatar is going to take more workers from Bangladesh in the field of nursing, hospitality, construction, service and IT sectors, reports UNB.Qatari Labour Minister Dr Ali bin Saeed bin Al Samikh Al Marri said this during his meetings with Expatriates'...

Govt plans to send 0.81m workers abroad this fiscal

2022-08-23 00:00:00

The government has worked out a plan to send 0.81 million Bangladeshi workers abroad and provide skills development training to 0.52 million ones in the current fiscal year(2022-23), reports UNB.Besides, to train up more workers for meeting the demands overseas...

India overcome Raza scare to seal 3-0 win

2022-08-23 00:00:00

HARARE, Aug 22 (Agencies): Sikandar Raza's valiant knock of 115 failed to take Zimbabwe home as India edged past them by 13 runs in the third and final ODI at the Harare Sports Club on Monday to clean sweep the...

Mbappe scores fastest goal for 30 years

2022-08-23 00:00:00

PARIS, Aug 22 (Reuters): Kylian Mbappe scored the fastest Ligue 1 goal for 30 years to set champions Paris St Germain on their way to a runaway 7-1 victory at Lille on Sunday as they kept up their 100 per...

Shakib seeks gradual progress to Tigers' T20 fortunes

2022-08-23 00:00:00

Bangladesh T20 captain Shakib Al Hasan has asked the Bangladesh cricket community not to expect big things at the Asia Cup, starting August 27 in the UAE, reports UNB.Playing down his team's chances at the tournament, the all-rounder said Bangladesh...

BCB brings in split coaching

2022-08-23 00:00:00

Bangladesh stripped head coach Russell Domingo of his role overseeing the Twenty20 side and told him to focus on Test and one-day international (ODI) cricket, just days before the Asia Cup, reports AFP.Bangladesh Cricket Board (BCB) president Nazmul Hassan said...

Unchanged temperature likely today

2022-08-23 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Mymensingh, Chattogram and Sylhet divisions in the next 24-hour from 06:00 am today (Tuesday), according to the Met Office.It may also occur...

Cabinet clears laws to establish two varsities in Meherpur, Naogaon

2022-08-23 00:00:00

The Cabinet on Monday cleared the draft laws for setting up two public varsities --'Mujibnagar University' in Meherpur and 'Bangabandhu Sheikh Mujibur Rahman University' in Naogaon, reports UNB.The approval came from the Cabinet meeting chaired by Prime Minister Sheikh Hasina...

BD reports another Covid death

2022-08-23 00:00:00

Bangladesh reported another death from Covid-19 and 178 new cases in the 24 hours until Monday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,316 while the caseload to 20,10,148, according to the Directorate General of...

PM seeks Qatar's investment in SEZ

2022-08-23 00:00:00

Prime Minister (PM) Sheikh Hasina on Monday urged Qatar's businesspeople and entrepreneurs to invest in Bangladesh's Special Economic Zones (SEZ). She also sought more cooperation of Qatar in importing LNGs and fertiliser from the Gulf country, reports UNB. The premier...

DMTCL readies 1.0m single-use cards for metro-rail users

MUNIMA SULTANA | 2022-08-23 00:00:00

After completing all necessary arrangements to use smart-cards in multi mass transport systems - including metro-rail - four years ago, the metro-rail company has prepared single-use cards - only for its passengers.As the Dhaka Mass Transit Company Limited (DMTCL) plans...

Suspended GCC mayor Zahangir gets HC bail in seven cases

FE REPORT | 2022-08-23 00:00:00

The High Court has granted anticipatory bail to suspended Gazipur City Corporation (GCC) Mayor Mohammad Zahangir Alam for six weeks in seven cases filed against him for his controversial comments on Bangabandhu and Liberation War martyrs. The High Court bench...

Main reason behind energy crisis is graft, alleges BNP

2022-08-23 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir has alleged that the Awami League government has been using the energy sector as a weapon to plunder public money, reports UNB."The main reason behind the current energy crisis is corruption. It (energy)...