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Road accidents up by 59.30pc this Eid: RSF

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

Road accidents increased by 59.30 per cent and death tolls by 37.61 per cent during this Eid-ul-Azha holidays, compared to those of last year.During this year's Eid-ul-Azha celebration, some 26 people were killed in road accidents every day, according to...

MoR assures steps to remove irregularities in train services

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

The Ministry of Railways (MoR) assured on Thursday to take measures against alleged irregularities in railway services. The ministry gave the assurance in response to the six-point demand made by Dhaka University (DU) student Mohiuddin Roni that includes improvement of...

Demo staged at CU protesting assault on female student

2022-07-22 00:00:00

CHATTOGRAM, July 21 (UNB): Chattogram University (CU) students staged a protest on the varsity campus on Wednesday night, demanding justice for a female fellow who was allegedly harassed.Hundreds of students gathered outside the vice-chancellor's residence on the campus at 10.30...

'Those responsible for attacks on Narail Hindus to be punished'

2022-07-22 00:00:00

State Minister for Religious Affairs Md Faridul Haque Khan said attackers of the Hindu community in Lohagara upazila of Narail will get punishment under law, reports UNB.He came up with the assertion while briefing journalists after an agreement signing ceremony...

Journalist leaders handing over the written proposals

2022-07-22 00:00:00

Journalist leaders handing over the written proposals on amending the draft of Mass Media Employees Act (services condition) to Information and Broadcasting Minister Dr Hasan Mahmud at the minister's Secretariat office in the city on Thursday — PID Photo

Conspiracy being hatched to destroy communal harmony: Hanif

2022-07-22 00:00:00

NARAIL, July 21 (BSS): Awami League (AL) Joint General Secretary Mahbubul Alam Hanif on Thursday said conspiracies are being hatched by a vested quarter to destroy communal harmony in the country."Following the start of the trial of Khaleda Zia, communal...

Indictment hearing in two cases against Khaleda on Aug 17

2022-07-22 00:00:00

A court in the city on Thursday set August 17 for holding hearing on charge framing in two cases, one for observing fake birthday on National Mourning Day and another for stigmatising the War of Liberation, lodged against BNP chairperson...

People desperate to get rid of AL's misrule: Gayeshwar

2022-07-22 00:00:00

BNP Senior leader Gayeshwar Chandra Roy on Thursday said people have got desperate to get rid of the misrule of the Awami League government through a strong street movement, reports UNB."The bare face of the government has got exposed to...

AL always hopes for a participatory election

2022-07-22 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Thursday said the AL always hopes for a participatory and competitive election, reports BSS."We hope a participatory and competitive election will be held in time as per the constitutional procedures and with...

33rd Board Meeting of Community Bank Bangladesh held

2022-07-22 00:00:00

The 33rd Board Meeting of Community Bank Bangladesh Limited was held at the Police Headquarters in Dhaka on Thursday with Dr. Benazir Ahmed BPM (Bar), Inspector General of Police, Bangladesh, and Chairman of the bank in the chair.

Md. Obayed Ullah Al Masud presides over a meeting -

2022-07-22 00:00:00

Rupali Bank Limited Managing Director and CEO Md. Obayed Ullah Al Masud presides over a meeting at the bank's head office in the city on Thursday over the government's energy saving plan. The bank decided to cut electricity and energy...

Sonali Bank signed agreement with Begum Badrunnesa Government Girls' College

2022-07-22 00:00:00

Sonali Bank Limited signed an agreement with Begum Badrunnesa Government Girls' College on payment of students' fees and charges through the Sonali e-sheba services. Sonali Bank Limited CEO and Managing Director Md Ataur Rahman Prodhan and Begum Badrunnesa Govt Girls'...

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...