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MTB signed agreement with Loop Freight

2022-04-14 00:00:00

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Loop Freight Limited to finance suppliers of Loop to buy commercial vehicles. Md. Khalid Mahmood Khan, Deputy Managing Director, Corporate & Commercial Business of MTB, and Rajib Das, Managing...

CSE now 'Chittagong Stock Exchange PLC'

2022-04-14 00:00:00

Chittagong Stock Exchange has changed its name to "Chittagong Stock Exchange PLC" from "Chittagong Stock Exchange Ltd." The Registrar of Joint Stock Companies and Firms accorded approval to change the registered name of the company in compliance with the Companies...

Dhaka Bank signed two agreements

2022-04-14 00:00:00

Dhaka Bank Limited has signed two agreements recently for providing cash management services and payroll banking services to Coppertech Industries Limited at Dhaka Bank's head office. Mustafa Husain, SEVP & Manager, Gulshan Branch, Dhaka Bank, and Abbasi Adam Ali, Managing...

Imam Button's share keeps rising sans PSI

FE REPORT | 2022-04-14 00:00:00

Share price of Imam Button Industries, a junk stock, is rising on the Dhaka Stock Exchange (DSE) though the company incurred losses and not giving dividends for many years.Within 10 trading days, the company's share price jumped more than 31...

VCPEAB elects new EC

2022-04-14 00:00:00

Shameem Ahsan, Partner of Pegasus Tech Ventures has been re-elected as the President of the Venture Capital & Private Equity Association of Bangladesh (VCPEAB) for the term 2022-24. Shameem also served as President of Bangladesh Association of Software & Information...

City Bank EPS rises to Tk 5.15 in Q4

2022-04-14 00:00:00

Consolidated Earnings Per Share (EPS) of City Bank was recorded at BDT 5.15 for the period from January to December 2021 against that of BDT 4.09 during the same period last year. The bank also reported BDT 5,494 million consolidated...

Stocks snap two-day losing streak -

FE REPORT | 2022-04-14 00:00:00

Stocks bounced back in the gaining streak on Wednesday, snapping a two-day sharp fall, as bargain hunters went on late hours buying spree on lucrative issues.The market opened sharply lower and the key index lost 60 points in the first...

Ctg road accident kills biker

2022-04-14 00:00:00

CHATTOGRAM, Apr 13 (UNB): A 32-year-old biker died while his friend riding pillion was injured after being hit by a speeding bus in Chattogram on Tuesday night, police said.The deceased was identified as Mohammad Farhad, son of Abdul Malek of...

Two kids drown in Thakurgaon

2022-04-14 00:00:00

THAKURGAON, Apr 13 (UNB): Two children drowned in a river in Kohorpara village of the district's Sadar upazila on Tuesday, police said on Wednesday.The deceased were identified as Siam (9), son of Yunus Ali, and Masum Billah (11), son of...

Pahela Baishakh or Eid?

2022-04-14 00:00:00

Kamrul Islam, a caretaker of a residential building in Dhaka's Mirpur, always buys new clothes for his family, if not for himself, on Bengali New Year.But this year marks an exception as another major festival, Eid-ul-Fitr, looms. Mindful of the...

Onion price fall frustrates Magura farmers

OUR CORREPONDENT | 2022-04-14 00:00:00

MAGURA, Apr 13: The falling prices of onion have frustrated Magura growers. The farmers said they will not be able to meet even the production cost following the declining prices. Onion grower Jalil Mollah of Kalundi village under Sreepur upazila...

S Africa floods toll rises to 250

2022-04-14 00:00:00

DURBAN, Apr 13 (AFP): The death toll from floods and mudslides after rainstorms struck the South African port city of Durban and surrounding areas in KwaZulu-Natal province has climbed to 250, authorities said on Tuesday.The country's meteorologists forecasted more "disruptive"...

Manhunt after 10 shot in Brooklyn attack

2022-04-14 00:00:00

BROOKLYN, Apr 13 (AFP): A massive manhunt was underway Tuesday in New York for a man who shot 10 people on a packed subway train, donning a gas mask before setting off two smoke bombs and opening fire on terrified...

Driverless car puzzles cops

2022-04-14 00:00:00

SAN FRANCISCO, Apr 13 (AFP): San Francisco police faced an unprecedented problem recently when an officer stopped a car that was driving at night with no headlights on, only to discover there was no one inside.The vehicle, it turned out,...

Indonesia road crash kills 16

2022-04-14 00:00:00

JAKARTA, Apr 13 (AFP): At least 16 people were killed and more than a dozen others injured when a truck descending a remote mountain in Indonesia's West Papua province crashed into a cliff on Wednesday, police said.The truck, carrying 28...

Lanka opposition threatens no-confidence vote

2022-04-14 00:00:00

COLOMBO, Apr 13 (Reuters): Sri Lanka's prime minister offered talks on Wednesday with protesters calling for the government to step down over its handling of an economic crisis as the opposition threatened to bring a no-confidence motion against it in...

Philippines storm death toll hits 67: Scores missing

2022-04-14 00:00:00

MANILA, Apr 13 (AFP/BBC): The death toll from landslides and floods in the Philippines rose to 67 on Wednesday with scores missing and feared dead, officials said, as rescuers dug up more bodies with bare hands and backhoes in crushed...

Presidents of four countries visit Kyiv

2022-04-14 00:00:00

KYIV, Apr 13 (BBC/Reuters):The presidents of four countries on Russia's doorstep visited Ukraine on Wednesday in a show of support for the embattled country, after Russian President Vladimir Putin vowed to continue his bloody offensive until its "full completion."The presidents...

Rehman Sobhan's 'Dawn to Darkness'

Abdul Bayes | 2022-04-14 00:00:00

Rehman Sobhan's memoir centring on the short-lived second phase of his life is now in the market (UPL, March 2022). It is the second volume in the Untranquil Recollections series. The very title speaks of some events signalling the dawn...

Making Eid holidaymakers' journey safe

2022-04-14 00:00:00

Spending Eid holidays with near and dear ones has been a tradition in Bangladesh. And every year, we witness a mad rush of people towards their hometowns on the eve of Eid. The sufferings on their way home are sometimes...

Children need more parental attention

2022-04-14 00:00:00

Life is busy, especially for working parents. As the days go by, our other priorities seem to take precedence over quality family time. We are now engaged with so many tasks, deadlines, stresses and anxieties that we can no longer...

Heart's brain?

2022-04-14 00:00:00

The heart is not just a pump. It possesses its own neural network system which is known as "little brain" or "heart brain". It is a network of neurons known as the intrinsic cardiac nervous system (ICNS). ICNS plays a...

Making City Corporation effective

Dr Mohammad Tarikul Islam | 2022-04-14 00:00:00

Generally, urban governance involves various actors and organistions. The relationship between them determines what happens in the city. In managing urban transformation, the government (at all levels) has to play a strategic role in building partnerships with and among key...

Many-splendoured Pahela Baishakh

2022-04-14 00:00:00

For consecutive two years, the celebration of the Pahela Baishakh, Bangla New Year, had to be postponed amid a raging coronavirus pandemic. If anything of this order ever happens, the psychological impact weighs heavily on the people. This time things...

Addressing the rises in the prices of essentials

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2022-04-14 00:00:00

As the low-income and vulnerable population groups in Bangladesh were struggling to recover from the adverse impacts of the Covid-19 pandemic, the unabated rise in the prices of essentials has put them into further misery. Over the last two years,...

It is 'now or never' for capping global warming

Hasnat Abdul Hye | 2022-04-14 00:00:00

International Panel on Climate change (IPCC), a body of climate scientists appointed by the UN to provide scientific facts and figures on climate change to government policymakers for taking necessary actions, has been producing six yearly assessment reports (AR) since...

Budget FY23: In search of a credible fiscal framework

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2022-04-13 12:00:00

The national budget for FY2022-23 (FY23) is going to be placed before the National Parliament in the backdrop of a number of unprecedented challenges that reflect Bangladesh's macroeconomic management in the prevailing context. The country is still in the phase...

Multiple people shot in NY subway station, explosives found

2022-04-13 00:00:00

Multiple people were shot and at least 13 were injured on Tuesday in a New York City subway station where authorities found undetonated explosive devices, the Fire Department said, in the latest spasm of violence in the city's transit system,...

BD logs 22 more Covid cases as none dies in 24 hrs

FE REPORT | 2022-04-13 00:00:00

Both the daily Covid-19 cases and the virus test positivity rate declined in Bangladesh on Tuesday.The Directorate General of Health Services (DGHS) reported 22 coronavirus cases and 0.38 per cent infection rate on the day against the previous day's 44...

Farmers harvesting their half-ripe paddy

2022-04-13 00:00:00

Farmers harvesting their half-ripe paddy from an already-inundated field as standing crops are at a high risk of getting completely damaged due to onrush of upstream water. The photo was taken at Sarail upazila in Brahmanbaria on Tuesday — Focus...