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N Korean nuke may target South

2022-06-24 00:00:00

SEOUL, June 23 (AP): North Korea discussed assigning additional duties to its frontline army units at a key military meeting, state media said Thursday, a suggestion the country may want to deploy battlefield nuclear weapons targeting South Korea along the...

Indian shares rise -

2022-06-24 00:00:00

BENGALURU, June 23 (Reuters): Indian shares bucked a broader downturn on Thursday as weak metal and oil prices drove beaten-down automakers to their best day since April 2020.The NSE Nifty 50 index rose 0.93 per cent to 15,556.65, while the...

News Briefs (2022-06-24)

2022-06-24 00:00:00

Disbursement of dividend United Finance Limited: The company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Suspension of tradingPremier Bank Perpetual Bond: Trading of the units of Premier Bank...

"SINGER Boro Eid Boro Offer"

2022-06-24 00:00:00

Abu Taher from Fazilpur, Feni, receiving a Singer refrigerator with 100 per cent discount through scratch card at Feni Shop recently. SINGER Bangladesh launched the campaign titled "SINGER Boro Eid Boro Offer" targeting the upcoming Eid. Nearly 100 refrigerator and...

Walton brand refrigerator Digital Campaign Season-15

2022-06-24 00:00:00

A tea seller of Feni Sadar Upazila, got Tk. 2.0 million cashback on the purchase of a Walton brand refrigerator under the company's ongoing Digital Campaign Season-15 which is being conducted on the occasion of Eid-ul-Azha. Feni Municipality Mayor Nazrul...

9th AGM of SBAC Bank held

2022-06-24 00:00:00

The 9th Annual General Meeting (AGM) of South Bangla Agriculture and Commerce (SBAC) Bank Limited was held through online platform on Thursday. Abdul Kadir Molla, Chairman of SBAC Bank, presided over the meeting. Bank's Vice Chairman Al-Haj Mizanur Rahman and...

Pubali Bank organised "Celebrating Partnership for Core Banking Infrastructure"

2022-06-24 00:00:00

Pubali Bank Limited recently organised "Celebrating Partnership for Core Banking Infrastructure", a special event at the bank's head office to commemorate their long-standing relationship with Oracle. Monzurur Rahman, Chairman, Board of Directors of Pubali Bank, Saiful Alam Khan Chowdhury, Managing...

Community Bank to issue subordinated bond

2022-06-24 00:00:00

Community Bank signed an agreement with City Bank Capital and Community Bank Investment on the issuance of Subordinated Bond for an amount of BDT 3,000 million, said a statement. Under this agreement, subject to the regulatory approvals, Community Bank will...

Malek Spinning to issue Tk 2.90b zero-coupon bond

FE REPORT | 2022-06-24 00:00:00

Malek Spinning Mills, a listed company, has planned to raise Tk 2.90 billion through a zero-coupon bond to finance its business expansion and reduce existing debts.The bond issue is subject to approval of the Bangladesh Securities & Exchange Commission, the...

DSE sees dull trading

FE REPORT | 2022-06-24 00:00:00

The stock market edged up for the second straight session on Thursday as investors put their funds on selective stocks cautiously amid lack of confidence.The market opened on an upbeat note and the key index soared 52 points within the...

Floods swoop on Bangladesh one more time

Shihab Sarkar | 2022-06-24 00:00:00

Since the devastating floods of 1987 and 1988, Bangladesh hasn't seen any great deluge. Those who were born later have little idea about what a massive flood is. The 1974 flood was of a lesser degree, though it swamped vast...

Bringing Dhaka under video surveillance

2022-06-24 00:00:00

In many countries in the world, people hardly can get away with crimes committed within the range of CCTV (close-circuit television) cameras. Following them, it was long expected that Dhaka city would go under video surveillance. However, bringing the entire...

Importance of booster dose

2022-06-24 00:00:00

Covid cases are gradually increasing again. The positivity rate has reportedly jumped over 13 per cent on Wednesday after a low prevalence for almost three months. The Directorate General of Health Services reported new 1,135 infections as well. We should...

Padma Bridge: end of sufferings at Mawa

2022-06-24 00:00:00

It feels good to think that finally we will be able to cross the Padma River by direct transport services once the bridge opens to traffic. With this, a long saga of southern district people's sufferings and hassles is going...

What's up the government's sleeve?

Zahid Huq | 2022-06-24 00:00:00

The budgetary proposal to allow repatriation of laundered money from abroad against the payment of tax at nominal rates has stirred up a hornet's nest. The criticism has subsided a little, as most attention is now concentrated on issues such...

City of gardens vs city of rickshaws

Nilratan Halder | 2022-06-24 00:00:00

In the Ease of Living Index, Bangalore officially Bengaluru ranked number one in 2020 and 2021 among the Indian cities with a population of over 1.0 million. There may be other contenders with sparse population, where people go for a...

Children's concern about their education, healthcare

2022-06-24 00:00:00

Children have now spoken out in favour of more government spending to address their most vital needs like education and healthcare. Children's view about issues as serious as what the government's priorities should be regarding its allocation in the national...

Monsoon rain not only reason for devastating floods

Mushfiqur Rahman | 2022-06-24 00:00:00

It was but a foregone conclusion that there could be flood onslaughts on the north. And the foreboding became a stark reality. A sudden spell of cataclysmic monsoon flood in Bangladesh's northern and north-eastern parts drowned vast swathes in Sylhet,...

Progress made in IMF-Pakistan talks on bailout programme

2022-06-23 12:00:00

Important progress has been made in talks between the International Monetary Fund and Pakistan to revive the country's bailout programme, the lender's resident representative in Islamabad said on Wednesday, reports Reuters.The statement comes as Pakistan's economy teeters on the brink...

Yashwant Sinha is Indian opposition's presidential pick

2022-06-23 12:00:00

NEW DELHI, June 22 (UNB): India's opposition parties on Tuesday named Yashwant Sinha, a former Finance Minister, as their joint candidate for the presidential polls slated for next month."In the forthcoming Presidential elections, we have decided to elect a common...

Ukraine on course for EU candidacy at summit, EU says

2022-06-23 12:00:00

Ukraine is set to become an official candidate for European Union membership today (Thursday) in a symbolic but morale-boosting decision following Russia's invasion, ministers and diplomats said on Tuesday, reports Reuters.EU leaders in Brussels are expected to sign off on...

Belgium auctions 5G licences for 1.2 billion euros

2022-06-23 12:00:00

AMSTERDAM, June 22 (Reuters): Mobile operators in Belgium have bid 1.2 billion euros ($1.26 billion) for fifth-generation (5G) mobile licences, the telecoms regulator said on Tuesday.Proceeds from the auction, which attracted bids from five operators, were 468.5 million euros higher...

Philippines warns on sugar shortages on low output

2022-06-23 12:00:00

MANILA, June 22 (Reuters): A sugar shortage in the Philippines has worsened as local production missed forecasts and due to a delay in planned imports of up to 200,000 tonnes of the refined sweetener, the Sugar Regulatory Administration (SRA) said...

Fed to lift rates by 75 basis points in July, 50 bps in Sept: Poll

2022-06-23 12:00:00

BENGALURU, June 22 (Reuters) - The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September, and won't scale back to quarter-percentage-point moves until November at the earliest, according to economists polled...

LAFL implemented CBS for business operation

2022-06-23 12:00:00

Lankan Alliance Finance Ltd (LAFL) has implemented Core Banking Solutions (CBS) for its business operation which will give a facelift to its system and replace present solutions. LAFL partnered with Era Infotech, a leading fintech solution provider, for installation, implementation,...

World Motorcycle Day

2022-06-23 12:00:00

On the occasion of the World Motorcycle Day, a views-exchange meeting was held at Mohakhali Bus Terminal in Dhaka on Tuesday under the auspices of Yamaha Riders Club (YRC) to find out how to reduce road accidents and how to...

A relief team of Shwapno

2022-06-23 12:00:00

A relief team of Shwapno distributes dry food, water and medicines among the flood victims in Sylhet. Shwapno's staff members are trying to provide relief to the helpless people in Sunamganj, Chhatak, Dolar Haor's Chechan School, Senupar, Chander Bari, Bholaganj...

SMEVai

2022-06-23 12:00:00

SMEVai, a leading digital platform for SMEs, offers special discount on one-stop business solutions, including training, accounting, marketing and legal services for Eastern Bank Ltd. (EBL) customers. M Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking...

ICSB organised a discussion on 'Budget 2022-23'

2022-06-23 12:00:00

The Institute of Chartered Secretaries of Bangladesh (ICSB) organised a discussion on 'Budget 2022-23' at a city hotel on Tuesday. The programme was chaired by Md Azizur Rahman, Senior Vice President of ICSB. Md Shafiqul Alam, Council Member of ICSB,...

Global food makers in crisis mode

2022-06-23 12:00:00

DUBLIN/LONDON, June 22 (Reuters): Global retailers and consumer goods makers remain in crisis mode and expect consumer behaviour to remain unpredictable for the foreseeable future, top industry executives told a conference in Dublin this week.Since the start of 2020, the...