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NITOL INS RECOMMENDS 10.50 CASH DIVIDEND

2024-04-29 00:00:00

The 174th board meeting of Nitol Insurance Company Limited was held on a virtual platform recently. The meeting was chaired by AKM Monirul Hoque, Chairman of Nitol Insurance Company Limited, and Vice-President of Bangladesh Insurance Association (BIA). The meeting recommended...

(BFIU) arranged a meeting with newly-established Insurance Companies CAMLCOs Association in Bangladesh (ICCAB)

2024-04-29 00:00:00

Bangladesh Financial Intelligence Unit (BFIU) arranged a meeting with the newly-established Insurance Companies CAMLCOs Association in Bangladesh (ICCAB) recently. The meeting of the executive committee of the chief anti-money laundering compliance officers (CAMLCOs) was held in the conference room of...

SONALI BANK DISTRIBUTES UMBRELLA TO LABOURERS

2024-04-29 00:00:00

Sonali Bank PLC started distributing two thousands umbrella among the day labourers, especially rickshaw pullers to reduce their suffering from current heat wave this summer across the country. Managing Director and CEO of the bank Md Afzal Karim inaugurated the...

Social Islami Bank sub-branch business conference

2024-04-29 00:00:00

Social Islami Bank arranged a business conference with the sub-branches at a hotel in Dhaka on Saturday. The bank's Managing Director & CEO Zafar Alam was present as the chief guest and Deputy Managing Director Mohammad Forkanullah presided over the...

DAE, BRAC Bank help uplift lives of 1,230 farmers

2024-04-29 00:00:00

In a pioneering move, the Department of Agricultural Extension (DAE), in partnership with BRAC Bank, has introduced a novel method that allows farmers in the country to cultivate crops and vegetables in land typically remaining unutilised due to climate-induced elongated...

29 entities receive Green Factory Award 2023

2024-04-29 00:00:00

Three tea gardens and one export-oriented textile mill of the Ispahani Group have received the Green Factory Award for 2023 for their commitment to providing workers and environment-friendly working environment, says a press release. In the tea category, 'Mirzapore Tea...

Rybakina, Rublev reach Madrid Open last 16

2024-04-29 00:00:00

MADRID, Apr 28 (AFP): Women's world number four Elena Rybakina eased to a 6-1, 6-4 win over Egypt's Mayar Sherif to reach the Madrid Open last 16 on Sunday.The Kazakh, who has a tour-leading three titles this season after triumphing...

PCB appoints Kirsten, Gillespie as cricket coaches

2024-04-29 00:00:00

LAHORE, Pakistan, Apr 28 (AFP): Pakistan Sunday announced former South African opener Gary Kirsten and ex-Australian paceman Jason Gillespie as head coaches for different formats ahead of the T20 World Cup in June this year.World Cup-winning coach Kirsten will take...

Bengaluru crush Gujarat in IPL

2024-04-29 00:00:00

AHMEDABAD, India, Apr 28 (AFP): England batsman Will Jacks smashed an unbeaten 41-ball 100 as Royal Challengers Bengaluru hammered Gujarat Titans by nine wickets in the Indian Premier League on Sunday.Jacks chalked up 10 sixes in his blitz as he...

Inter beat Torino to continue Serie A title party

2024-04-29 00:00:00

MILAN, Apr 28 (AFP): Inter Milan celebrated the Serie A title in front of their home fans on Sunday with a straightforward 2-0 win over 10-man Torino which will be followed by a parade and city centre party.Hakan Calhanoglu's second-half...

Sheikh Hasina Inter-Bank Football Tournament-2024

2024-04-29 00:00:00

Bangladesh Olympic Association president and Chief of Army Staff General SM Shafiuddin Ahmed delivering speech after inaugurating the Sheikh Hasina Inter-Bank Football Tournament-2024 at Army Stadium, Dhaka Cantonment in the city on Saturday — ISPR

Zimbabwe arrive in Bangladesh for T20 series

2024-04-29 00:00:00

Zimbabwe, led by Sikandar Raza, arrived in Bangladesh today for a five-match T20 International series against the Tigers, starting on May 03, reports BSS.They travelled to Chattogram straightway after landing in Dhaka as the port city will host first three...

Tamim to return to nat'l team next year, says Sports Minister

2024-04-29 00:00:00

Bangladesh's sports minister and Bangladesh Cricket Board (BCB) president Nazmul Hassan Papon hinted Tamim Iqbal's return to the national team next year during a media interaction in Savar on Monday, reports UNB. Tamim has been absent from the national team...

Tigresses suffer defeat in 1st T20I against India

2024-04-29 00:00:00

Captain Nigar Sultana Joty's half-century went in vain as Bangladesh Women's team suffered a 44-run defeat to India in the five-match T20I series opener at Sylhet International Cricket Stadium in Sylhet on Sunday, reports agencies.Electing to bat first, India posted...

Climate change a matter for politicians, not central banks: SNB

2024-04-29 00:00:00

BERN, April 28 (Reuters): Climate protection is very important for the Swiss National Bank, but the issue should be tackled by politicians rather than central banks, SNB Chairman Thomas Jordan said on Friday."It is also important... we are serious and...

LafargeHolcim BD receives Green Factory Award

2024-04-29 00:00:00

LafargeHolcim Bangladesh Limited (LHBL) has been awarded the 'Green Factory Award 2023' by the government. The Ministry of Labour and Employment presented the award in recognition of LHBL's efforts towards implementing eco-friendly technologies and maintaining a safe workplace at its...

EBL launches first medical tourism card

2024-04-29 00:00:00

Eastern Bank Limited (EBL), in collaboration with Mastercard, has launched Bangladesh's first-ever prepaid card dedicated to medical tourism. Vikas Varma, South Asia's chief operating officer for Mastercard, and Syed Mohammad Kamal, Bangladesh country manager, joined Ahmed Shaheen, EBL's additional managing...

Walton honoured with 'Green Factory Award-2023'

2024-04-29 00:00:00

Country's electronics giant 'Walton Hi-Tech Industries PLC' has been honoured with 'Green Factory Award-2023' for enhancing productivity through the use of skilled workforce and eco-friendly technology in safe environments. The Ministry of Labour and Employment gave the award to Walton...

Runner's losses drop on cost cutting, subsidiary returning to profit

FE REPORT | 2024-04-29 00:00:00

Runner Automobiles managed to reduce losses in the third quarter of FY24, compared to the same period a year ago, riding on higher revenue and a higher operating profit. The company's consolidated loss fell 19 per cent year-on-year to Tk...

Islami Bank wins int'l finance award

FE DESK | 2024-04-29 00:00:00

Islami Bank Bangladesh has been awarded the 'International Finance Award 2023' in the category of 'Most Innovative Private Commercial Bank in Bangladesh'. The award was presented by International Finance Magazine -- a UK-based publication, according to a statement.Islami Bank Bangladesh...

National Bank's 54pc cut in losses offers a glimmer of hope

FE REPORT | 2024-04-29 00:00:00

National Bank continued to be in the red in 2023, weighed down by default loans and higher interest payments against borrowed funds and deposits. However, the amount of losses incurred last year was 54 per cent less to Tk 14.97...

Stocks make a comeback as recent news boosts investor confidence

FE REPORT | 2024-04-29 00:00:00

Stocks rebounded strongly on Sunday, snapping out of a three-day plunge, as bargain hunters put fresh bets on lucrative shares in anticipation of potential turnaround after reappointment of the securities regulator chairman.Professor Shibli Rubayat-Ul Islam has been reappointed as chairman...

News in Brief (2024-04-29)

2024-04-29 00:00:00

Schools closed, warnings issued asAsia swelters in heatwaveMANILA, Apr 28: South and Southeast Asia braced for more extreme heat on Sunday as authorities across the region issued health warnings and residents fled to parks and air-conditioned malls for relief. The...

Fresh blow for Sunak as party MP defects

2024-04-29 00:00:00

LONDON, Apr 28 (AFP): Conservative MP Dan Poulter has defected to the Labour Party, opposition leader Keir Starmer confirmed Saturday, dealing another blow to embattled prime minister Rishi Sunak.Poulter, a former health minister, told the Observer newspaper that he was...

Airline mistakes 101-year-old woman for baby

2024-04-29 00:00:00

NEW YORK, Apr 28 (BBC): A 101-year-old woman keeps getting mistaken for a baby because of an error with an airline's booking system.The problem occurs because American Airlines' systems apparently cannot compute that Patricia, who did not want to share...

Israel may be violating int'l law in Gaza

2024-04-29 00:00:00

RAFAH, Apr 28 (Reuters/AFP/BBC): Some senior US officials have advised Secretary of State Antony Blinken that they do not find "credible or reliable" Israel's assurances that it is using US-supplied weapons in accordance with international humanitarian law, according to an...

Drug peddler jailed for four years in city

2024-04-29 00:00:00

A Dhaka court has sentenced a drug peddler to four years in imprisonment in a narcotics case in 2016, reports BSS. Dhaka Special Judge Court No-9 Judge Sheikh Hafizur Rahman pronounced the verdict on Sunday. The convict is M Palash...

Boro harvest goes into full gear in Sylhet

OUR CORRESPONDENT | 2024-04-29 00:00:00

SYLHET, Apr 28: Farmers in Sylhet region have embarked on the season's Boro paddy harvest in full swing. In some of the haor areas of Sunamganj and Habiganj districts, where early varieties of the paddy were cultivated, some farmers began...

Two held with forged notes in Khulna

2024-04-29 00:00:00

KHULNA, April 28 (BSS): Rapid Action Battalion (RAB) arrested two youths with counterfeit notes of Tk 1.66 lakh from the city on Saturday. The arrestees were identified as Md Rubel Biswas, and Akash Biswas, residents of Abhaynagar upazila in Jashore...

Three killed in Sylhet road accident

2024-04-29 00:00:00

At least three persons were killed after a truck rammed a motorcycle at Barothakuri village in Jokiganj upazila of Sylhet, report agencies.The accident took place around 11:45pm on Saturday near a brickfield in Barothakuri village on the Sylhet-Jokiganj highway, said...