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NBR studying way to boost furniture export

2022-04-11 00:00:00

FE REPORTThe National Board of Revenue (NBR) has started the process to conduct a feasibility study, aiming to find ways on how to boost export earnings from the country's furniture sector.The NBR has formed a high-powered committee to come up...

Mehidy escapes injury scare

2022-04-11 00:00:00

Bangladesh allrounder Mehidy Hasan Miraz was hit by a ball during the first over of the second innings of South Africa in the second Test in Port Elizabeth. He was stretchered off the field after being hit on the stomach,...

South Africa build on big lead against Tigers

2022-04-11 00:00:00

GQEBERHA, South Africa, Apr 10 (AFP): South Africa batted aggressively in their second innings after securing a 236-run first innings lead on the third day of the second Test against Bangladesh at St George's Park in Gqeberha on Sunday.Sarel Erwee...

BKB holds branch managers’ conference

2022-04-11 00:00:00

A day-long managers' conference and business review meeting for Barishal division of Bangladesh Krishi Bank (BKB) was held at a local hotel at Kuakata in Patuakhali on Saturday, said a press release.Managing Director of the bank Md Ismail Hossain addressed...

Sonali Bank Limited Deputy Managing Director Md Mazibur Rahman attended as the chief guest the special business conference of

2022-04-11 00:00:00

Sonali Bank Limited Deputy Managing Director Md Mazibur Rahman attended as the chief guest the special business conference of the bank at its head office conference room in the city on Saturday, with General Manager Md Rezaul Karim in the...

SAMA orders Saudi banks to stop opening accounts online

2022-04-11 00:00:00

RIYADH, Apr 10 (Gulf News): The Saudi Central Bank, SAMA, directed banks to halt the option of opening online accounts for individuals or institutions 'until further notice', local media reported.Under the new measures that will take effect starting April 10,...

Steepest weekly fall ever of nearly $12 billion to $606.425 billion

2022-04-11 00:00:00

India's forex reserves fell by $11.173 billion to $606.475 billion, dipping for the fourth straight week and it steepest weekly dip on record as the rupee came under pressure, reports NDTV. That was because the currency has taken a hit...

Global sustainable bond issuance takes Q1 hit on Ukraine crisis

2022-04-11 00:00:00

Global sustainable bond issuance slowed faster than the broader market in the first quarter, hit by a surge in market volatility after Russia invaded Ukraine and tightening monetary policy around the world, reports Reuters.The slowdown followed record issuance of bonds...

Islami Bank Training and Research Academy (IBTRA) inaugurated 150th internship programme recently. Mohammed Monirul Moula,

2022-04-11 00:00:00

Islami Bank Training and Research Academy (IBTRA) inaugurated 150th internship programme recently. Mohammed Monirul Moula, Managing Director & CEO of the Bank, inaugurated the programme virtually as the chief guest.

Euro zone bond yields rise

2022-04-11 00:00:00

Euro zone bond yields rose on Friday as traders further ramped up bets on European Central Bank rate hikes this year, reports Reuters.Minutes from the ECB's latest policy meeting, which were more hawkish than expected, had already pushed yields higher...

News Briefs (2022-04-11)

2022-04-11 00:00:00

Board meetingsDoreen Power Generations and Systems Limited: A board meeting of the company will be held on April 17, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the company for the third quarter period ended on...

The Premier Bank Limited and Fintech Innovations International DMCC signed an agreement whereby the bank can participate in

2022-04-11 00:00:00

The Premier Bank Limited and Fintech Innovations International DMCC signed an agreement whereby the bank can participate in the FI e-marketplace through TradeAssets portal for trade finance business using the Blockchain technology. M Reazul Karim, Managing Director and CEO of...

The Bashundhara Branch of First Security Islami Bank Ltd was relocated to new premises- Rams Chowdhury Tower, Bashundhara

2022-04-11 00:00:00

The Bashundhara Branch of First Security Islami Bank Ltd was relocated to new premises- Rams Chowdhury Tower, Bashundhara R/A, Dhaka on Sunday. Syed Waseque Md Ali, Managing Director of the Bank, inaugurated the activities of the relocated branch at new...

Pragati Ins recommends 35pc cash div

2022-04-11 00:00:00

Pragati Insurance Ltd recommended 35 per cent cash dividend for its shareholders for the year of 2021.A meeting presided over by Syed M. Altaf Hussain, Chairman of the company, recommended the dividend, said a statement.During the year Pragati declared the...

Mutual Trust Bank Ltd (MTB) in partnership with i-exceed technology solutions, a leading global FinTech company for rapid digital

2022-04-11 00:00:00

Mutual Trust Bank Ltd (MTB) in partnership with i-exceed technology solutions, a leading global FinTech company for rapid digital banking transformation, has recently launched the second phase of 'MEasy' service, a fully-digitized banking service that provides a cutting-edge, advanced, and...

Mercantile Bank Training Institute started three week long Foundation Training for its newly recruited Management Trainee Officers

2022-04-11 00:00:00

Mercantile Bank Training Institute started three week long Foundation Training for its newly recruited Management Trainee Officers for the 2nd phase recently. Md. Quamrul Islam Chowdhury, Managing Director & CEO of the Bank, inaugurated the training while Mati Ul Hasan,...

Stocks snap four-day losing streak--

FE REPORT | 2022-04-11 00:00:00

Stocks ended marginally higher on Sunday, snapping a four-day losing streak, as bargain hunters showed their buying interest in the sector-wise issues at lucrative prices.The market witnessed see-saw movement several times before closing higher amid increased participation of investors.DSEX, the...

Brazil exports 200,000 tonnes of beef in March

2022-04-11 00:00:00

SAO PAULO, Apr 10 (Reuters): Brazil exported 203,490 tonnes of beef in March, a 28 per cent increase year-on-year and a new record for the month, industry group Abrafrigo said on Friday.Revenue from the sales rose 57 per cent in...

Indian rice export rates ease as supplies rise

2022-04-11 00:00:00

Export prices of rice in India dipped last week as supplies increased following the extension of a government scheme to provide subsidised grains, while rates in Vietnam and Thailand were mostly flat amid softer demand and rising output, reports Reuters.Top...

INEOS offers to develop test shale gas site in Britain

2022-04-11 00:00:00

LONDON, Apr 10 (Reuters): Chemicals and energy giant INEOS has offered to develop a shale gas test site in Britain to demonstrate to the government that extraction by fracking can be performed safely.The offer comes as Britain re-evaluates its energy...

Russian shelling traps residents of Mariupol

2022-04-11 00:00:00

MARIUPOL, Apr 10 (AP): Shelling by Russian forces of Ukraine's key port of Mariupol on the Sea of Azov has collapsed several humanitarian corridors and made conditions seldom right for people to leave.It was not clear Saturday how many people...

Pressure mounts on Lanka leader to quit

2022-04-11 00:00:00

COLOMBO, Apr 10 (AP): Thousands of Sri Lankans rallied in the country's main business district and Christian clergy marched in the capital to observe a day of protest on Saturday calling on the debt-ridden nation's president to resign, as anxiety...

16 killed in Burkina Faso army base attack

2022-04-11 00:00:00

OUAGADOUGOU, Apr 10 (Reuters): At least 12 soldiers and four paramilitary fighters were killed and 21 wounded in an attack on an army base in Burkina Faso's insurgent-hit centre-north on Friday, the army said in a statement.The attack took place...

Barishal University student gets job at Google

2022-04-11 00:00:00

BARISHAL, Apr 10 (UNB): A student of the Barishal University (BU) has recently been offered a job at Google, American company that is most commonly known as a search engine."Abu Sayem Sefatullah, a Computer Science and Engineering (CSE) department student...

Miscreants cut down 500 bottle gourd plants in Thakurgaon

2022-04-11 00:00:00

THAKURGAON, Apr 10 (UNB): Miscreants cut down 500 bottle gourd plants on one acre and five decimals of land at Nargun village in Haripur upazila of Thakurgaon district on Saturday.Md Biplab, son of Azizur Rahman, lodged a written complaint against...

Two die as truck collides with bike in Bogura

2022-04-11 00:00:00

BOGURA, Apr 10 (UNB): Two people were killed as a truck collided with a motorbike on the Naogaon-Bogura highway in Dupchachia upazila of Bogura on Sunday.The deceased were identified as Sakhawat Hossain Palash, 48, an electrician, and his friend Shoaib...

Patient's death 'for doctors' negligence' sparks protest at KMCH

2022-04-11 00:00:00

KHULNA, Apr 10 (UNB): The death of a 55-year-old woman due to alleged negligence of some doctors at Khulna Medical College and Hospital (KMCH) sparked protest on Sunday.A scuffle took place between the interns and two sons of the patient...

Fisherman killed in clash with police

2022-04-11 00:00:00

LAXMIPUR, Apr 10 (UNB): A fisherman was shot dead and five others injured in a clash between river police and fishermen who were allegedly fishing in the Meghna River defying a government ban in Sadar upazila of Laxmipur district early...

Medjool dates grown first in Bangladesh!

OUR CORRESPONDENT | 2022-04-11 00:00:00

CUMILLA, Apr 10: Medjool, a variety of large and sweet date, has been grown successfully for the first time in Bangladesh. Ahmed Jamil Selim of the Cumilla city is awaiting success in Medjool cultivation. "It all started in 2017. One...

Bangabandhu Live Mango Museum to boost mango economy in C'nawabganj

2022-04-11 00:00:00

RAJSHAHI, Apr 10 (UNB): The Chapainawabganj district administration has taken an initiative to transform a mango grove into 'Bangabandhu Live Mango Museum' in Kansat under Shibganj upazila for the conservation of mango varieties and to expand tourism in the district...