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Customs intelligence recovers 88 gold bars at Dhaka airport

FE REPORT | 2022-04-25 00:00:00

Customs intelligence on Sunday recovered 88 gold bars weighing around 10.2 kilograms from an aircraft at the Hazrat Shahjalal International Airport in Dhaka. The gold bars were recovered from an aircraft of Biman Bangladesh Airlines at around 10.00 am, the...

65-day fishing ban at Bay to begin May 20

FE REPORT | 2022-04-25 00:00:00

The government has imposed a 65-day ban on fishing off the Bay of Bengal, in order to preserve the fish stock and boost their breeding. In this regard, the Ministry of Fisheries and Livestock on Sunday issued a gazette, signed...

Jaishankar likely to visit Dhaka April 28

2022-04-25 00:00:00

India's External Affairs Minister S. Jaishankar is likely to visit Dhaka this week, most probably on April 28, says a diplomatic source on Sunday, reports UNB.He will be coming with the formal invitation for Prime Minister Sheikh Hasina on behalf...

Ukraine to call for heavy arms when top US officials visit Kyiv

2022-04-25 00:00:00

KYIV, April 24 (Agencies): US Secretary of State Antony Blinken and Defence Secretary Lloyd Austin were set to visit Kyiv on Sunday to discuss Ukraine's call for more powerful weapons, two months after Russia's invasion began.The trip, announced by Ukrainian...

Covid-19 wanes No death, 24 new cases

FE REPORT | 2022-04-25 00:00:00

The pandemic coronavirus is on the wane in Bangladesh as health authorities registered 24 new cases and found no death from the disease in latest 24 hours. The figures were 26 and zero respectively on Saturday, according to the Directorate...

2nd day of advance train ticket sale sees longer queues

FE REPORT | 2022-04-25 00:00:00

The crowd increased, so did sufferings, on the second day as sales of advance train tickets for the upcoming Eid-ul-Fitr continued at five railway stations in Dhaka on Sunday. The authorities started the sale of train tickets for April 28...

12 e-coms refund Tk 818m to clients

FE REPORT | 2022-04-25 00:00:00

Twelve crisis-ridden e-commerce companies refunded around Tk 818 million to their affected customers until date, according to the Ministry of Commerce (MoC) data.The platforms are: Qcoom, Alesha Mart, Dalal Plus, Boom Boom, Anander Bazaar, Tholey.com, Dhakamak.com, Shreshth.com, Alifworld, Bangladesh deal,...

Nigerian oil refinery blast claims 100 lives

2022-04-25 00:00:00

LAGOS, Apr 24 (AFP): An explosion at an illegal oil refinery in southern Nigeria has killed at least 100 people, the emergency services said Sunday, as calls grow for the government to clamp down on stealing.The blast occurred late Friday...

Govt forms nat'l body to oversee export activities

FE REPORT | 2022-04-25 00:00:00

The government has formed a high-powered 'National Committee on Export' to oversee the export activities and take necessary measures taking existing and possible crises and post-graduation challenges into consideration. The 44-member committee, headed by the Prime Minister, consists of 11...

No overloading, launches to make double trip

FE REPORT | 2022-04-25 00:00:00

Launch operators will not be allowed to carry passengers beyond capacities and there will be double trip (by each launch) to facilitate hassle-free journey for Eid holidaymakers, said State Minister for Shipping Khalid Mahmud Chowdhury on Sunday."The launch could take...

PM orders actions against hoarders of essential items

2022-04-25 00:00:00

Prime Minister Sheikh Hasina on Sunday said her government is doing its best to control the prices of daily essentials in the country amid the high global inflation rate, reports UNB."We've been trying our best to keep the prices of...

Floodwater breaches dam in Sunamganj's Chhayar Haor

2022-04-25 00:00:00

Floodwaters streamed into Chhayar Haor (wetlands) in Sunamganj's Shalla after the levee protecting crops broke as rivers and water bodies in the district continued to swell, reports bdnews24.com.The dam collapsed under pressure from the overflowing Darain River on Sunday.The vast...

Briefing 25-04-2022

2022-04-25 00:00:00

Core index adds 201 points in four sessionsThe market witnessed yet another bullish session on Sunday while turnover rose to Tk 8.95 billion on the prime bourse, as institutional investors injected fresh funds into major sector stocks. Page 9Modi addresses...

Sehri, Iftar & Prayer Timings (2022-04-25)

2022-04-25 00:00:00

Call money rate increases further

SIDDIQUE ISLAM | 2022-04-25 00:00:00

The inter-bank call money rate increased further on Sunday despite injecting fresh funds by the central bank into the money market to keep it stable before the upcoming Eid-ul-Fitr festival.The call money rate rose slightly, ranging between 3.50 per cent...

Insure export bill funding against fraudulence

FE REPORT | 2022-04-25 00:00:00

The central bank asks authorised dealer (AD) bankers to insurance their export financing to cover risk of any deceitful dealings.As an extra comfort, the banks have been advised to safeguard their financing from default risk through insurance coverage under credit-...

'US won't take any side in BD polls'

FE Report | 2022-04-25 00:00:00

Peter Haas, the United States (US) Ambassador in Bangladesh, firmly said on Sunday that his government would not take any side in the upcoming general election here.Reiterating the US government's commitment across the world to help countries strengthen democracy, he...

Cut taxes on expensive cooking oils

DOULOT AKTER MALA | 2022-04-25 00:00:00

Bangladesh Trade and Tariff Commission (BTTC) suggests cuts in taxes on sunflower, olive and canola oils to help dilute dependence on widely consumed soybean and palm oils.Sunflower, olive and canola oils are expensive in Bangladesh because of higher duty and...

Shahjalal Islami Bank organised Ifter Mehfil and discussion

2022-04-25 00:00:00

Shahjalal Islami Bank Limited organised an Ifter Mehfil and discussion on "the Significance of Mahe Ramadan" Saturday at the Ramganj branch premises of Laxmipur district. The Director of Shahjalal Islami Bank Limited, Chairman of the bank foundation and member of...

26th AGM of Dutch-Bangla Bank held

2022-04-25 00:00:00

The 26th annual general meeting (AGM) of Dutch-Bangla Bank Limited was held on Sunday through a virtual platform under the Chairmanship of Sayem Ahmed, Chairman, the board of directors of the bank. In the AGM, the shareholders approved 27.5 per...

23rd Annual General Meeting of Nitol Insurance Company held

2022-04-25 00:00:00

The 23rd Annual General Meeting of Nitol Insurance Company Limited was held virtually on Sunday. Mr. A K M Monirul Hoque, Chairman of the Company, and Vice President of Bangladesh Insurance Association (BIA) presided over the meeting. Chief Executive Officer...

AB Bank organised awareness programme

2022-04-25 00:00:00

AB Bank recently organised an awareness programme in a local hotel at Bogura on A-Challan by which income tax, passport fees and other government revenue can be paid through AB Internet Banking. Tarique Afzal, President & Managing Director of AB...

Dhaka Bank and Ananta Real Estate signed MoU

2022-04-25 00:00:00

Dhaka Bank Limited and Ananta Real Estate Limited signed an MoU recently at the corporate head office premise of Dhaka Bank, Dhaka for offering home loan services to clients. Emranul Huq, Managing Director & CEO of Dhaka Bank, and Sharif...

News Briefs (2022-04-25)

2022-04-25 00:00:00

Disbursement of dividend The Dacca Dyeing & Manufacturing Co. Limited: The company has disbursed cash dividend for the year ended on June 30, 2021 to the respective shareholders through BEFTN and Warrant.Suspension of tradingUnited Commercial Bank: Trading of the shares...

Saudi stocks drop as energy prices move erratically

2022-04-25 00:00:00

RIYADH, Apr 24 (Arab News): Saudi stocks opened lower during the first trading session of the week following investors' confusion over price movements in the energy market.Both the main index, TASI, and the parallel market, Nomu, opened 0.58 percent lower...

HDFC Bank announces 1550pc dividend

2022-04-25 00:00:00

HDFC Bank on Saturday declared a 1550 per cent or 15.50 per share dividend to its shareholders for the financial year 2021-22, according to NDTV.The board at its meeting has recommended a dividend of Rs 15.50 per equity share of...

High volatility in Indian equities expected on derivatives expiry, earnings: Report

2022-04-25 00:00:00

NEW DELHI, Apr 24 (NDTV): Indian equity markets may face volatility this week amid monthly derivatives expiry, and global trends along with the ongoing quarterly earnings by corporates would continue to play a major role in trading movement, analysts said.Markets...

BRAC Bank contributes 5.0pc of its CSR allocation to PM Education Assistant Trust

2022-04-25 00:00:00

BRAC Bank has contributed 5 per cent of its total CSR budget for the year 2022 to the Prime Minister's Education Assistance Trust, said a statement.Prime Minister's Education Assistance Trust is a Bangladesh government trust fund under the Ministry of...

Record date for Sonali Paper rights May 23

FE REPORT | 2022-04-25 00:00:00

The record date for entitlement of Sonali Paper & Board Mills' rights share is set on May 23 while subscription will begin on June 7.The subscription period for the company's rights share will continue until June 28, aiming to raise...

MTB closes deal for US$ 15m term loan

2022-04-25 00:00:00

Mutual Trust Bank Ltd (MTB) recently closed term loan deal of US$ 15 million with four funds managed by responsAbility Investments AG. This is the first long term Secured Overnight Financing Rate (SOFR)-based borrowing for the Bank, said a statement....