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Zia did a job of Tk 400 under Mujibnagar govt: Hasan

2022-04-18 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud said on Sunday BNP does not observe the historic Mujibnagar Day though its founder Ziaur Rahman did a job of Tk 400 per month under the Mujibnagar government, reports BSS.The minister came up...

Sylhet BNP submits memo for Ilias Ali’s return

2022-04-18 00:00:00

SYLHET, Apr 17 (UNB): Sylhet district unit of BNP submitted on Sunday a memorandum to the home ministry demanding effective steps to trace the party's leader M Ilias Ali who went missing from the capital a decade ago.Leaders and activists...

Shrabon, Jewel new JCD president, secy

2022-04-18 00:00:00

BNP announced on Sunday a five-member partial committee of its student wing Jatiyatabadi Chhatra Dal (JCD), dissolving the organisation's existing body, reports UNB.Kazi Rawnaqul Islam Shrabon was made the president and Saif Mohammad Jewel the general secretary of the new...

Major General Mizanur Rahman Shamim paying tributes to the martyred freedom fighters

2022-04-18 00:00:00

Director General of Bangladesh Ansar and Village Defence Party Major General Mizanur Rahman Shamim paying tributes to the martyred freedom fighters by placing a wreath at the Mujibnagar Memorial in Meherpur district on Sunday, marking the Mujibnagar Day

Those who don't observe Mujibnagar Day are not true FFs: Quader

2022-04-18 00:00:00

Awami League (AL) General Secretary Obaidul Quader has questioned the loyalty of those who do not observe the historic Mujibnagar Day on April 17, describing them as chameleons, report agencies.Marking the Mujibnagar Day, the senior AL leader, flanked by other...

Diesel ship in distress off Tunisia risks 'environmental disaster'

2022-04-18 00:00:00

TUNIS, April 17 (AFP): A ship carrying diesel fuel from Egypt that ran into difficulty off Tunisia risks leaking and creating an "environmental disaster", authorities in Tunisia said Saturday.The merchant ship the Xelo, carrying "around 750 tonnes of diesel fuel",...

Shanghai lockdowns threaten China auto production

2022-04-18 00:00:00

BEIJING, April 17 (AFP): Chinese auto makers warned they may have to put the brakes on production if strict Covid-19 curbs in Shanghai persist, with a top Huawei executive also sounding the alarm Friday about snarled supply chains.The restrictions have...

A view exchange meeting --

2022-04-18 00:00:00

A view exchange meeting was held at BDS Auditorium in Barishal recently regarding Karmasangsthan Bank's services. Organised by Barishal, Patuakhali and Pirojpur region of Karmasangsthan Bank, Managing Director Shirin Akhter was present as the chief guest, General Manager Meher Sultana...

Jewellery retail chain Senco files draft papers for Rs 5.25b IPO

2022-04-18 00:00:00

KOLKATA, Apr 17 (NDTV): Eastern India's leading jewellery retail chain, Senco Gold Limited has filed a draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI) to raise Rs 5.25 billion through an initial...

Abu Dhabi's ADQ takes stakes in Egypt's Commercial International Bank through its $20b investment fund

2022-04-18 00:00:00

DUBAI, Apr 17 (Gulf News): The Abu Dhabi investment company is taking stakes in multiple publicly-listed companies in Egypt as part of its $20 billion 'joint strategic investment platform'. This includes stakes in Commercial International Bank - one of Egypt's...

Foreign investors sold Indian stocks worth Rs 45b last week

2022-04-18 00:00:00

Adopting a cautious stance, foreign investors pulled over Rs 45 billion from the Indian equity market last week on fears of an aggressive rate hike by the US Federal Reserve, reports NDTV.This comes following a net investment of Rs 77.07...

305th meeting of the board of directors of IFIL held

2022-04-18 00:00:00

The 305th meeting of the board of directors of Islamic Finance and Investment Limited (IFIL) was held at its head office at Tejgaon on Sunday. S. M. Bakhtiar Alam, Chairman of the board of directors of IFIL, presided over the...

LBFL signed MOU with Rangs

2022-04-18 00:00:00

LankaBangla Finance Limited (LBFL) recently signed an MOU with Rangs Limited for its customer privilege. Khurshed Alam, Head of Retail Finance of LBFL, and Mohammod Hamdur Rahaman Simon, Chief Executive Officer (CEO) of Rangs Limited, signed the MOU for their...

News Briefs (2022-04-18)

2022-04-18 00:00:00

Board meetingsMercantile Insurance Company Ltd: A board meeting of the company will be held on April 20, 2022 at 2:30 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.Rangpur Dairy &...

Md. Touhidul Alam Khan -

2022-04-18 00:00:00

Md. Touhidul Alam Khan, FCMA, CSRA, Additional Managing Director of Standard Bank Limited, addressing in the 2nd Virtual Roundtable with Reporters in Bangladesh recently organised by GRI South Asia in collaboration with Dhaka Stock Exchange (DSE) Limited. A good number...

Rupali Bank declared 2022 as CMSME Year

2022-04-18 00:00:00

The board of directors of Rupali Bank Limited declared 2022 as CMSME Year. As part of the programme a meeting was held for increasing the flow of loan in CMSME sector. Kazi Sanaul Haque, Chairman of Rupali Bank, was present...

PRAN-RFL Group signed Supply Chain Financing Agreement

2022-04-18 00:00:00

Arif Quadri, Managing Director & CEO of United Commercial Bank Limited (UCB), and Ms. Uzma Chowdhury, Director of PRAN-RFL Group, signed Supply Chain Financing Agreement on behalf of respective organizations at the Corporate Office of bank on Sunday. Under the...

IBCF organised a national seminar

2022-04-18 00:00:00

Islamic Banks Consultative Forum (IBCF) organised a national seminar Saturday on "Islamic Banking System: with Reference to National Integrity and Ethical Banking". Deputy Governor of Bangladesh Bank Abu Farah Md. Nasser was the chief guest and the Chairman of IBCF,...

StanChart showcases BD's compelling growth story to global investors

2022-04-18 00:00:00

Standard Chartered Bangladesh hosted an International Investors and Lenders Roadshow to help Bangladesh businesses build lasting relationships with leading investment and lending institutions from the Middle East, Europe, and Asia, reports UNB.The roadshow was organised in collaboration with Standard Chartered's...

11 JBL officials promoted

2022-04-18 00:00:00

Nearly half a dozen senior officers of Janata Bank Limited (JBL) who were serving as deputy general managers (DGM) of the bank have been promoted to the posts of general manager (GM), says a statement.Following are the newly-promoted officers and...

BASIS institute partners with JCI Dhaka West

FE REPORT | 2022-04-18 00:00:00

BASIS Institute of Technology & Management (BITM) in partnership with JCI Dhaka West has recently launched a project to enhance the ICT skill of underprivileged Madrasha students in the country.To this effect, both the organisations have signed a Memorandum of...

Symphony will help raise tech exports, says Palak

2022-04-18 00:00:00

Due to the decision of Prime Minister Sheikh Hasina, Bangladesh has now established itself as a digitally recognised country in the world as an exporter of digital devices through the production of smartphones. Symphony will lead the mission of building...

Despite BB instruction, banks are shy of capital market investment

2022-04-18 00:00:00

Though the investment volume of banks in the capital market has increased, many are still far away from their investment limit, reports UNB.Despite the policy relaxation and enforcement of Bangladesh Bank (BB), 36 out of 61 scheduled banks of the...

Bengal Islami Life Ins to use bKash Payroll Solution

2022-04-18 00:00:00

Bengal Islami Life Insurance Ltd will use bKash payroll solution to disburse salaries, commissions and other allowances to their employees.An agreement has been signed between bKash and Bengal Islami Life Insurance Ltd in this regard recently. M M Monirul Alam,...

DBH shareholders approve 25pc dividend and name change proposal

2022-04-18 00:00:00

The shareholders of Delta Brac Housing Finance Corporation Ltd. (DBH) unanimously approved 25 per cent dividend (15% cash & 10% Stock) for the year ended December 31, 2021 as proposed by the Board of Directors, says a press release.In addition,...

Jute Spinner's price keeps rising despite huge losses

FE REPORT | 2022-04-18 00:00:00

Jute Spinners, a junk stock, incurred a net loss of Tk 55.25 million in nine months for July 2021 to March 2022 while the company's accumulated loss stood at Tk 741 million.The company has reported loss of Tk 32.50 per...

DSE turnover tumbles below Tk 4.0b mark

FE REPORT | 2022-04-18 00:00:00

Stocks slipped into the red on Sunday, after a single-day break, with turnover on the Dhaka Stock Exchange tumbling below Tk 4.0 billion-mark, as prolonged pessimism kept investors inactive.Turnover, the crucial indicator of the market, came down to Tk 3.94...

News in Brief --(2022-04-18)

2022-04-18 00:00:00

Migrants' boat capsizes off Libyan coastTRIPOLI, Apr 17: A small wooden boat carrying about 35 migrants capsized off the Libyan coast and six bodies have been retrieved, the International Organisation for Migration (IOM) said on Saturday. The 29 others are...

Migrant dead after shooting at Turkey border

2022-04-18 00:00:00

ATHENS, Apr 17 (AFP): A woman migrant has been found dead after shooting erupted as she and others tried to cross into Greece from Turkey by boat, Greek police told AFP on Sunday.The incident occurred late on Saturday on the...

Political prisoners not included

2022-04-18 00:00:00

YANGON, Apr 17 (AFP): Families of detained Myanmar protesters had their hopes dashed Sunday after political prisoners were not included in some 1,600 people released by the junta to mark the Buddhist new year.The Southeast Asian country has been in...