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ICAB and NGO Affairs Bureau of Prime Minister's Office signed a MoU

2022-06-08 00:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) and the NGO Affairs Bureau of the Prime Minister's Office signed a Memorandum of Understanding (MoU) at a ceremony held at latter's premises on Tuesday. Under this MoU, NGO Affairs Bureau will...

Agreement signed between SBAC Bank and WALCART

2022-06-08 00:00:00

An agreement was signed between South Bangla Agriculture and Commerce (SBAC) Bank Limited and WALCART Limited on Monday. M Shamsul Arefin, Additional Managing Director of SBAC Bank, and Fahim Zaman Anik, CEO of WALCART Limited, signed the agreement on behalf...

Dhaka Bank and GPH Ispat signed agreement

2022-06-08 00:00:00

Dhaka Bank Limited and GPH Ispat Limited signed an agreement on Distributor Finance Programme at the Head Office of Dhaka Bank. Emranul Huq, Managing Director & CEO, Dhaka Bank, and Mohammad Jahangir Alam, Managing Director of GPH Ispat, were present...

Meghna Insurance makes debut today

FE Report | 2022-06-08 00:00:00

Meghna Insurance Company makes its debut trading today (Wednesday) under 'N' category, a disclosure said.The Bangladesh Securities and Exchange Commission (BSEC) approved the company's IPO (initial public offering) proposal on March 1 last under the fixed price method.As per the...

ICC-B Executive Board re-elected

2022-06-08 00:00:00

Mr. Mahbubur Rahman, Chairman & CEO of ETBL Holdings Limited, was re-elected as the President of International Chamber of Commerce (ICC) - Bangladesh, The world business organization while Ms. Rokia A. Rahman, former MCCI President & Chairman, Arlinks Limited and...

Dhaka stocks drift into dull trade

FE Report | 2022-06-08 00:00:00

Dhaka bourse ticked lower on Tuesday with a marginal loss both in broad index and turnover value extending losing streak for second consecutive session as major sectors saw minor price correction.Insiders said the market saw volatility as many investors offloaded...

German industrial orders fall again

2022-06-08 00:00:00

FRANKFURT, June 07 (AFP): German industrial orders fell for the third month in a row in April, official data published Tuesday showed, as Russia's war in Ukraine dampened the outlook for Europe's largest economy.New orders fell by 2.7 per cent...

South African economy grows to pre-pandemic levels

2022-06-08 00:00:00

JOHANNESBURG, June 07 (AFP): South Africa's gross domestic product grew by 1.9 per cent in the first quarter, returning the continent's most industrialised economy to pre-pandemic levels, official data showed Tuesday.It was the second consecutive quarter of upward growth, the...

S Arabia revises up Q1 growth to highest rate

2022-06-08 00:00:00

RIYADH, June 07 (Arab News): Saudi Arabia's gross domestic product growth has been revised up to 9.9 per cent from 9.6 per cent, according to a press release from the General Authority for Statistics, also known as GASTAT.The growth is...

S Lanka urgently seeks $6b to keep economy afloat

2022-06-08 00:00:00

COLOMBO, June 07 (AFP): Cash-strapped Sri Lanka on Tuesday asked the International Monetary Fund to arrange a creditor meeting for $6 billion in loans to help keep the country afloat during its unprecedented economic crisis.Months of daily blackouts, long queues...

'Bancassurance and Bancatakaful: Concepts, Products and Role of the Banks' organised by Al-Arafah Islami Bank

2022-06-08 00:00:00

A day-long Executive Development Programme (EDP) on 'Bancassurance and Bancatakaful: Concepts, Products and Role of the Banks' organised by Al-Arafah Islami Bank Limited Training and Research Institute (AIBTRI) was held at Al-Arafah Tower in Dhaka on Tuesday. Managing Director and...

Steel, raw materials confce begins September 20

FE REPORT | 2022-06-08 00:00:00

A two-day steel and raw materials conference will begin on September 20.Some 500 delegates from home and abroad, including America, Germany, Australia, Turkey, China, Japan, India, and Austria, are expected to take part in the mega event, said a press...

Dhaka Motor Show starts June 23

FE REPORT | 2022-06-08 00:00:00

The three-day '15th Dhaka Motor Show-2022' will kick off in the capital on June 23, after an interval of two years, to showcase the latest model of cars, bikes, auto parts, and commercial vehicles. Exhibitors from local and international automobile...

Meena Bazar opens outlet at NAM Bhaban

2022-06-08 00:00:00

Superstore brand Meena Bazar opened its 16th special outlet on at the Manik Miah Avenue's, NAM Bhaban 2 on Saturday, says a press release.The outlet was inaugurated by Speaker of Parliament Shirin Sharmin Chowdhury and Chief Whip Nur-e-Alam Chowdhury. On...

Standard Bank celebrates 23rd founding anniversary

2022-06-08 00:00:00

Standard Bank Limited celebrated its 23rd founding anniversary on June 05 last, says a press release.Chairman of the Board of Directors of the bank Kazi Akram Uddin Ahmed, Vice Chairman Ferdous Ali Khan, Directors Kamal Mostafa Chowdhury, Ashok Kumar Saha,...

Provide equal policy support to non-RMG sectors

FE REPORT | 2022-06-08 00:00:00

The government should provide equal policy support to all export-oriented sectors as given to the readymade garment (RMG) sector, in order to ensure product diversification and reduce dependency on a particular sector for foreign currency earning. Plastic sector along with...

Pragati Ins approves 35pc dividend

2022-06-08 00:00:00

Pragati Insurance Ltd. Approved 35% cash dividend for the year 2021 in its 36th Annual General Meeting held on Monday on a digital platform. This was the highest cash dividend since inception of the company. The meeting was presided over...

Mobile operators owe Tk 130.68b to govt, Jabbar tells JS

2022-06-08 00:00:00

Country's mobile operators owe a total Tk 130.68 billion(13,068 crore) to the government, Posts, Telecommunications and Information Technology Minister Mustafa Jabbar said in Parliament on Tuesday, reports UNB.In reply to a query from Jatiya Party MP Syed Abu Hossain Babla,...

MTB holds AML & CFT Awareness Week-2022

2022-06-08 00:00:00

The year 2022 marked 20 years of AML & CFT compliance in Bangladesh and pursuant to the Bangladesh Financial Intelligence Unit (BFIU) directive at CAMLCO Conference 2022 towards creating customer awareness, MTB organized "MTB AML & CFT Awareness Week-2022" from...

BD may lift double fumigation after field-level report

FE REPORT | 2022-06-08 00:00:00

Bangladesh will consider lifting the requirement of double fumigation in importing cotton from the United States (US) on case-to-case basis - only after getting field-level inspection report from agri officials, sources said.A team of the Ministry of Agriculture (MoA) officials...

Gold firms as economic jitters take centre stage

2022-06-08 00:00:00

Gold prices rose on Tuesday on investor concern over the economic fallout of aggressive policy tightening by major central banks, although gains were limited as elevated U.S. Treasury yields supported the dollar, reports Reuters.Spot gold rose 0.2% to $1,845.20 per...

Oil prices stable as market juggles risk sentiment with tight supplies

2022-06-08 00:00:00

LONDON, June 7 (Reuters): Oil prices were stable on Tuesday as the market balanced risk sentiment with supply concerns and the prospect of higher demand as China relaxes its COVID curbs.Brent crude futures were down 44 cents, or 0.3%, at...

Electro Mart launches sales centre in Bhola

2022-06-08 00:00:00

Md Nurul Afser, DMD of Electro Mart Ltd, inaugurated the sales & display centre of KONKA, GREE & HAIKO brand electronics & home appliances at the historical city of Bhola recently, says a press release.Senior Manager-Retail Sales Md Julhak Hossain...

Duranta Bicycle launches no-honking campaign

2022-06-08 00:00:00

Duranta, a bicycle brand of the country's leading business conglomerate RFL Group, has launched a campaign called 'ShobdoTraash' to create public awareness about unnecessary honking. RN Paul, Managing Director of RFL Group, inaugurated the campaign at a function held at...

Blatter, Platini go to court in FIFA fraud trial, finally

2022-06-08 00:00:00

GENEVA, June 07 (AP): Sepp Blatter and Michel Platini's 11-day trial on charges of defrauding FIFA starts Wednesday - finally bringing the epic downfall of soccer's former world leaders into criminal court.The fallout from the case ousted Blatter ahead of...

FIFA World Cup trophy arrives in city today

2022-06-08 00:00:00

The FIFA World Cup trophy will arrive in Dhaka today (Wednesday) giving Bangladeshi fans the chance to experience football's most coveted prize, reports BSS.A chartered flight, carrying the original FIFA World Cup trophy, which will tour Bangladesh from June 8-11,...

'Mbappe most valuable player in world'

2022-06-08 00:00:00

Paris Saint-Germain (PSG) forward Kylian Mbappe is the most valuable football player in the world, according to Swiss research group CIES Football Observatory, followed by Real Madrid's Vinicius Jr and new Manchester City recruit Erling Haaland, according to BBC Sports.Mbappe,...

Tamim clarifies his T20 stance

2022-06-08 00:00:00

Tamim Iqbal, the opener, cleared his stance regarding his T20 international future. He took a six-month break from T20s on January 27 but confusion started on June 05 when Tamim stated that he was not given any chance to speak...

Bangladesh face Bahrain today

2022-06-08 00:00:00

Bangladesh will start their AFC Asian Cup -2023 qualifiers campaign as they face upper- ranked Bahrain in their opening group E match scheduled to be held at the Bukit Jalil National Stadium in Kuala Lumpur, Malaysia today (Wednesday), reports BSS.The...

Strengthening role of religious leaders for safe motherhood stressed

2022-06-08 00:00:00

RANGPUR, June 07 (BSS): Experts at a discussion stressed the need for strengthening role of religious leaders in improving the maternal health situation through creating social awareness and changing positive attitudes of the people.Rangpur Divisional Office of Islamic Foundation, with...