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Excessive gastric pills lead to 45pc ulcer: BSMMU VC

FE REPORT | 2022-05-23 00:00:00

Intake of excessive gastric pills can cause gastric ulcer among 45 per cent of patients in the country, BSMMU Vice Chancellor Prof Dr Md Sharfuddin Ahmed said at a seminar on Sunday."Overuse of proton-pump inhibitors (PPIs) or commonly known as...

Two JMB men get 20 yrs imprisonment in Khulna

2022-05-23 00:00:00

KHULNA, May 22 (BSS): A court here today sentenced two militants of banned Jammatul Mujahiden Bangladesh (JMB) for 20 years of rigorous imprisonment (RI) in explosive case in Khulna.The court also fined them Taka 0.1 million each, in default they...

Dhaka court sends Haji Salim to jail

FE REPORT | 2022-05-23 00:00:00

A Dhaka court on Sunday sent Haji Mohammad Salim, a ruling party lawmaker from Dhaka-7 constituency who had been earlier sentenced to 10 years in prison in a corruption case, to jail after he surrendered before it.Judge Shahidul Islam of...

BNP to revoke DSA, all 'repressive' laws if it returns to power: Fakhrul

2022-05-23 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Sunday categorically said their party, if returns to power, will revoke all 'repressive' acts and ordinances, including the Digital Security Act (DSA), reports UNB. Speaking at a views-exchange meeting with journalists, he...

BNP will have to join polls under existing system

2022-05-23 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Sunday said BNP will have to join the next parliamentary polls under the existing electoral system, reports BSS."BNP will have to contest the polls abiding by...

US, S Korea sign pact on supply chain

2022-05-23 00:00:00

WASHINGTON, May 22 (AFP): The United States and South Korea have agreed to work more closely on crucial trade and supply-chain issues, the US Commerce Department announced Saturday.Establishing a US-Korea Supply Chain and Commercial Dialogue, the statement said, would "foster...

BDBL organised a month-long Foundation Course

2022-05-23 00:00:00

Bangladesh Development Bank Limited (BDBL) organised a month-long Foundation Course at its Training Institute at Karwan Bazar in the city. Chairman of the bank Shamima Nargis inaugurated the course as the chief guest and Managing Director and CEO Kazi Alamgir...

India trims tax on fuel, essential commodities

2022-05-23 00:00:00

NEW DELHI, May 22 (Reuters): India on Saturday announced a series of changes to the tax structure levied on crucial commodities in a bid to insulate consumers from rising prices amid high inflation.Finance Minister Nirmala Sitharaman announced a cut in...

Winners of the Chemical Metrology Olympiad pose with the guests

2022-05-23 00:00:00

Winners of the Chemical Metrology Olympiad pose with the guests at the closing ceremony of the Olympiad on the BRiCM premises on Saturday. Bangladesh Reference Institute for Chemical Measurements (BRiCM) organised the Olympiad on the occasion of the birth centenary...

Watch retailer Ethos IPO fully subscribed on last day

2022-05-23 00:00:00

NEW DELHI, May 22 (NDTV): The initial public offer of luxury and premium watch retail player Ethos got fully subscribed on Friday's last day of subscription.According to NSE data, the Rs 4.72 billion IPO received bids for 41,38,650 shares against...

A 9-member delegation from EPB

2022-05-23 00:00:00

A 9-member delegation from EPB, led by A. H. M. Ahsan, Vice-Chairman of Export Promotion Bureau (EPB), visited Walton Hi-Tech Industries PLC Headquarters at Chandra, Gazipur on Saturday.

36th meeting of the Shari'ah Supervisory Committee of Union Bank held

2022-05-23 00:00:00

The 36th meeting of the Shari'ah Supervisory Committee of Union Bank Limited was held at Head Office, Gulshan recently. Professor Mohammad Mozahidul Islam Chowdhury, Chairman of the Shari'ah Supervisory Committee, presided over the meeting. Mufti Mohammd Muhibbullahil Baqee, Member-Secretary of...

307th meeting of the board of directors of IFIL held

2022-05-23 00:00:00

The 307th meeting of the board of directors of Islamic Finance and Investment Limited (IFIL) was held on Sunday at its Head Office at Tejgaon. S. M. Bakhtiar Alam, Chairman of the board of directors of IFIL, presided over the...

As bear market looms, battered Wall St seeks elusive 'Fed put'

2022-05-23 00:00:00

NEW YORK, May 22 (Reuters): The Federal Reserve's determination to raise interest rates until it squashes the highest inflation in decades is darkening the outlook across Wall Street, as US stocks stand on the cusp of a bear market and...

News Briefs (2022-05-23)

2022-05-23 00:00:00

Disbursement of dividend Indo-Bangla Pharma-ceuticals Ltd: The company has disbursed the cash and stock dividend for the year ended June 30, 2021 to the respective shareholders.Board meetingsBerger Paints Bangladesh Ltd: A board meeting of the company will be held on...

A day-long Zonal Business Development Meeting held

2022-05-23 00:00:00

A day-long Zonal Business Development Meeting was held with the branch managers, eminent businessmen and lawyers of Dhaka Region and adjoining branches of Jamuna Bank recently. Al-Haj Nur Mohammed, Chairman, Jamuna Bank Limited and Jamuna Bank Foundation, was present as...

Annual Conference 2021 of Pragati Life Insurance held

2022-05-23 00:00:00

The Annual Conference 2021 of Pragati Life Insurance Limited was held at Long Beach Hotel in Cox's Bazar recently. Chairman of the company Khalilur Rahman inaugurated the conference as the chief guest. Md. Jalalul Azim, CEO of the company, presided...

Konapara Branch of First Security Islami Bank relocated to new premises

2022-05-23 00:00:00

The Konapara Branch of First Security Islami Bank Ltd was relocated to new premises- Sarkar Plaza, Konapara, Demra, Dhaka on Sunday. Syed Waseque Md Ali, Managing Director of the Bank, inaugurated the activities of relocated branch at new premises.

MTB arranged a Post Eid Reunion

2022-05-23 00:00:00

Mutual Trust Bank Limited (MTB) has recently arranged a Post Eid Reunion for the bank's privileged clients at the Gulshan Privileged Center of the Bank. Syed Mahbubur Rahman, Managing Director & CEO was present, among others, at the programme.

Govt urged to reopen closed jute, sugar mills

FE REPORT | 2022-05-23 00:00:00

Speakers at a seminar on Saturday urged the government to reopen the closed state-run jute mills and pay all dues of the sacked workers.They also demanded reopening the six state-run closed sugar mills, expediting the ongoing modernisation work of the...

Two Yamaha models launched

2022-05-23 00:00:00

ACI Motors, the sole distributor of Yamaha Motorcycle in Bangladesh, unveiled the Yamaha R15 V4, a motorcycle in the premium sports segment, and the FZ-X at a ceremony at the International Conven-tion City Bashundhara (ICCB) in the capital on Saturday,...

BRAC Bank creates opportunity for higher education

2022-05-23 00:00:00

BRAC Bank has launched 'Agami Personal Loan' - a new customized product to help parents and guardians with their children's higher education.This is the first such loan product of BRAC Bank for facilitating higher studies of students in Bangladesh and...

Southeast Bank leads turnover chart

FE REPORT | 2022-05-23 00:00:00

Ten-most traded stocks grabbed 39 per cent transaction of Dhaka Stock Exchange (DSE) Sunday while Southeast Bank topped the turnover list after a long time.Southeast Bank became the top turnover leader as some investors showed their buying appetite on its...

UK may impose duties on Chinese aluminium extrusions

2022-05-23 00:00:00

LONDON, May 22 (Reuters): Britain may impose anti-dumping duties of up to 29 per cent on aluminium extrusions from China to protect domestic producers, a trade agency said on Friday.Aluminium extrusions - widely used in the transport, construction and electronics...

Iran to revive gas pipeline project to Oman

2022-05-23 00:00:00

DUBAI, May 22 (Reuters): Iran's oil minister has agreed to revive a long-stalled project to lay an undersea pipeline to carry gas to Oman, the Iranian state news agency IRNA reported on Saturday.Iran sits on one of the world's largest...

Coffee demand up but below pre-Covid levels

2022-05-23 00:00:00

NEW YORK, May 22 (Reuters): Demand for coffee in non-producing countries showed a healthy recovery in the first quarter, although there are signs of possible slowdowns in demand in Russia and China for the coming quarters, analysts from Rabobank said...

BSTI Divisional Office of Mymensingh observed World Metrology Day-2022

2022-05-23 00:00:00

Bangladesh Standards and Testing Institution (BSTI), Divisional Office of Mymensingh, observed the World Metrology Day-2022 with a discussion at Bhasha Shahid Abdul Jabbar Auditorium in Mymensingh on Sunday. Additional Divisional Commissioner of Mymensingh Mohammad Anwar Hossain was present as the...

S Arabia's first all-female crew takes flight

2022-05-23 00:00:00

Saudi Arabia's first flight with an all-female crew took off this weekend, completing a short domestic journey and passing a milestone for women's empowerment, officials said.The flight was operated by flyadeal, the budget subsidiary of flag carrier Saudia, reports the...

Asian LNG prices fall as market awaits China buying rebound

2022-05-23 00:00:00

LONDON, May 22 (Reuters): Asian spot liquefied natural gas (LNG) prices were down last week despite news of potential COVID lockdown easing in China as players await an actual rebound in procurement activity to meet Autum-Winter seasonal demand.Meanwhile, in Europe,...

India considering spending additional $26 billion to fight inflation

2022-05-23 00:00:00

NEW DELHI, May 22 (Reuters): The Indian government is considering spending an additional 2 trillion rupees ($26 billion) in the 2022/23 fiscal year to cushion consumers from rising prices and fight multi-year high inflation, two government officials told Reuters.The new...