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Sabbir H Nasir new MD of Shwapno

2024-05-09 00:00:00

ACI Limited has recently appointed Sabbir Hasan Nasir as the new Managing Director of Shwapno, says a press release. With over 28 years of professional experience, Mr Nasir has held various management roles in multinational companies as well as leading...

BD seeks preferential trade benefits in British market until 2032

2024-05-09 00:00:00

Bangladesh has sought preferential and duty-free, quota-free market access for Bangladeshi exports, including apparels, to the British market until 2032 in favour of sustainable graduation from the Least Development Country (LDC) club, reports UNB.Foreign Minister Hasan Mahmud discussed the issue...

MTB co-hosts event on climate finance

2024-05-09 00:00:00

Mutual Trust Bank (MTB) recently co-hosted an event on 'Fostering Climate Finance Partnership in Bangladesh' with the Global Climate Partnership Fund (GCPF) at a city hotel. The event featured a panel discussion titled 'Opportunities and Challenges in the Bangladesh Climate...

EBLConnect wins Digital CX award

2024-05-09 00:00:00

Eastern Bank (EBL) corporate online banking platform EBLConnect has been awarded the 'Outstanding Digital CX - Cash Management Platform 2024' by The Digital Banker. Md Jabedul Alam, head of Transaction Banking at EBL, received the award at a recent ceremony...

DSE seeks cooperation from Nasdaq Stockholm

2024-05-09 00:00:00

The Dhaka Stock Exchange (DSE) has sought strategic development collaboration with Sweden-based stock exchange Nasdaq Stockholm AB. DSE Chairman Prof Hafiz Muhammad Hasan Babu met with Nasdaq Stockholm Board Chair Fredrick Ekstrom on May 7 to discuss the partnership, according...

Uber shares tumble as 2nd-quarter forecast disappoints

2024-05-09 00:00:00

Uber forecast second-quarter gross bookings below expectations after missing the target for the first three months on Wednesday, sending it shares down nearly 7 per cent before the bell, reports Reuters.The weakness in a key metric that indicates the total...

BSEC gets 3 new commissioners

FE REPORT | 2024-05-09 00:00:00

The government appointed three commissioners to the Bangladesh Securities and Exchange Commission (BSEC) 10 days after the reappointment of its chairman for the second term.Of the three commissioners, Shaikh Shamsuddin Ahmed, a professor of finance at the University of Dhaka,...

BSEC slaps fines of Tk 20m on 8 manipulative investors

FE REPORT | 2024-05-09 00:00:00

The securities regulator has fined seven individual investors and one institution Tk 20 million in total for violating the securities rules and manipulating stock prices.The Bangladesh Securities and Exchange Commission (BSEC) slapped the fine on them upon completion of hearings...

BRAC Bank's profit doubles in Q1

FE REPORT | 2024-05-09 00:00:00

BRAC Bank witnessed its profit double year-on-year in the quarter through March as it strengthened its footing on the growth trajectory drawn last year. It achieved a remarkable 100 per cent growth in operating profit in the quarter, compared to...

Most general insurers see profit down for adverse business climate, gloomy stocks

BABUL BARMAN | 2024-05-09 00:00:00

A strong dollar and runaway inflation continued to hit the businesses of general insurers, dragging down profits of most of them in 2023, compared to the year before.Almost all business activities in the country remained sluggish in 2023, owing to...

Weather (2024-05-09)

2024-05-09 00:00:00

Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Rangpur, Rajshahi, Dhaka, Khulna, Barishal and Chattogram divisions and at a few places over Mymensingh and Sylhet divisions with hails at isolated places until 06:00...

Film director found dead in city

2024-05-09 00:00:00

Police have recovered the body of a film director from Dilu Road in the city's Moghbazar, reports bdnews24.com.The body of 55-year-old MA Awal was retrieved around 12:30am on Wednesday and sent to the Dhaka Medical College Hospital morgue.Awal's colleagues had...

Manda canal to get lush-greeen look soon: Taposh

FE REPORT | 2024-05-09 00:00:00

Greenery of Dhaka city will soon meet international standards, said Dhaka South City Corporation (DSCC) Mayor Sheikh Fazle Noor Taposh on Wednesday.The greenery of Dhaka city will be revived through completing ongoing 39.06 kilometre long (combined) plantation (forestation) projects on...

Rohingya have no intention to stay forever in BD

2024-05-09 00:00:00

Director General of the International Organisation for Migration (IOM) Amy Pope has said making the Rohingyas more self-reliant with a much more comprehensive approach does not mean that they will stay in Bangladesh forever, reports UNB. "I don't think this...

Muslim countries' united work can reduce misery of Palestinians: PM

2024-05-09 00:00:00

Prime Minister (PM) Sheikh Hasina has said united work of Muslim countries can bring better and dignified position for the Muslim community in the world along with reducing misery of the Palestinians, report agencies."Today, if all the Muslim countries worked...

Fakhrul returns home after performing Umrah

2024-05-09 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir returned home on Wednesday after performing the holy Umrah in Saudi Arabia, reports UNB.The BNP secretary general and his wife Rahat Ara Begum arrived at Hazrat Shahjalal International Airport on a flight of...

SC clears way for holding Jhenaidah-1 by-election

FE REPORT | 2024-05-09 00:00:00

The Appellate Division of the Supreme Court on Wednesday cleared the way for the Election Commission (EC) for holding the by-election to the Jhenaidah-1 constituency, which was scheduled to be held on June 5 this year. The chamber judge of...

Presiding officer held

2024-05-09 00:00:00

Police have arrested the presiding officer of a polling centre in Bogura's Gabtoli upazila and the agent of a candidate running for the chairman's seat for trying to commit forgery by stamping paper ballots, reports bdnews24.com.The incident occurred at the...

Media’s access to info to be ensured under RTI Act

2024-05-09 00:00:00

State Minister for Information and Broadcasting Mohammad Ali Arafat on Wednesday said his ministry will work proactively to ensure mass media's access to all types of information the people deserve to know under the Right to Information (RTI) Act, reports...

Upazila election results all preset, says BNP

FE REPORT | 2024-05-09 00:00:00

Bangladesh Nationalist Party (BNP) said on Wednesday that the results of the ongoing upazila elections are all preset that are just waiting for declaration.Senior joint secretary general of BNP Ruhul Kabir Rizvi made the comment at a regular press briefing...

Election fear engulfs BNP

2024-05-09 00:00:00

Foreign Minister Hasan Mahmud on Wednesday said fear about election has engulfed BNP and the party is getting smaller with continuous election boycott, reports UNB."It has become a rule now that you cannot take part in elections if you do...

First phase UP polls held as CEC claims turnout 30-40pc

2024-05-09 00:00:00

Barring some isolated incidents, the first phase of the sixth Upazila Parishad elections ended on Wednesday with no major irregularities or incidents of violence, report agencies.Chief Election Commissioner (CEC) Kazi Habibul Awal said the voter turnout in the first phase...

Journos boycott BB press confce over entry ban

2024-05-09 00:00:00

In protest against the recent ban on journalists' access to Bangladesh Bank, journalists from print, electronic, and online media boycotted a press conference of the central bank scheduled for Wednesday afternoon, reports UNB.The central bank issued a notice at a...

Malgovernance, impunity key factors

FE REPORT | 2024-05-09 00:00:00

Malgovernance and improper management, fuelled by political interventions, are the factors behind the present sorry state of the banking sector of Bangladesh, a former central bank governor has said.A culture of impunity and undue benefits to loan defaulters and their...

Indian foreign secy in city, meets PM today

2024-05-09 00:00:00

Indian Foreign Secretary Vinay Mohan Kwatra arrived in Dhaka on Wednesday as part of "high-level exchanges" between the two countries.He arrived by a special flight in the evening for a short trip, reports UNB.He will meet Prime Minister Sheikh Hasina,...

Europe student Gaza protests spread

2024-05-09 00:00:00

AMSTERDAM, May 8 (AFP): Protests by students demanding universities sever ties with Israel over the Gaza war spread across western Europe on Tuesday, sparking clashes and dozens of fresh arrests.Students at various European universities, inspired by ongoing demonstrations at US...

New challenges over accidents

FE REPORT | 2024-05-09 00:00:00

A new challenge will arise over control of accidents in roads, highways and expressways as the first-ever guideline determines maximum speed limits for all motor vehicles from 20 to 80 kph.However, the guideline, published on Tuesday, has not mentioned vehicles'...

Users raise slew of allegations against mobile, net operators

FE REPORT | 2024-05-09 00:00:00

Telecommunication services recipients raised a slew of allegations against the operators at a public hearing on Wednesday, revealing a sorry state of services and irrational means of charging fees.Thousands of individuals took part in the hearing and complained about poor...

BD lures oil majors with flexible bidding for multiple blocks

FE REPORT | 2024-05-09 00:00:00

International oil companies (IOCs) have the opportunity to bid for any number of blocks in Bangladesh's ongoing offshore bidding round for hydrocarbon exploration in the Bay of Bengal, officials said on Wednesday."We are very flexible in the bidding round to...

ME conflict may affect BD economy

2024-05-09 00:00:00

Prime Minister Sheikh Hasina Wednesday said in parliament that the conflicting situation in the Middle East may affect the economy of Bangladesh."It can be presumed that the brunt of the conflicting situation in the Middle East may affect the social,...