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Weather (2024-04-26)

2024-04-26 00:00:00

Very Severe heatwave is sweeping over the districts of Chuadanga and Jashore and severe heat wave is sweeping over rest part of the Khulna division and the districts of Tangail, Faridpur, Gopalgonj, Manikgonj, Rajshahi, Pabna, Dinajpur and Sayedpur and mild...

16 Covid-19 cases reported

2024-04-26 00:00:00

Bangladesh reported 16 more Covid-19 cases in the 24 hours until Thursday morning, reports UNB..With the new numbers, the country's total COVID-19 caseload rose to 2,049,931, according to the Directorate General of Health Services (DGHS).The official death toll from the...

CUET shut sine die for protest over two students’ death

OUR CORRESPONDENT | 2024-04-26 00:00:00

CHATTOGRAM, Apr 25: The Chittagong University of Engineering and Technology (CUET) has been closed for an indefinite period following the fourth day of protest over two students' death in a road accident.The decision was made in an emergency meeting convened...

Muslim devotees offer a special prayer seeking rain

2024-04-26 00:00:00

Muslim devotees offer a special prayer seeking rain at the Baitul Mukarram National Mosque in the city on Thursday as scorching heat continues to batter public life across the country — FE photo

New US policies to boost BD private sector

FE REPORT | 2024-04-26 00:00:00

Two departments of the United States are giving final touches to policies which will benefit Bangladesh private sector under the much-talked-about US Indo-Pacific Strategy, says a diplomatic source.A senior official of the US Embassy in Dhaka said Thursday the US...

Three new apex court judges take oath

FE REPORT | 2024-04-26 00:00:00

Three newly appointed judges to the Appellate Division of the Supreme Court took their oath on Thursday. The judges are -- Justice Muhammad Abdul Hafiz, Justice Md Shahinur Islam and Justice Kashefa Hussain. Chief Justice Obaidul Hassan administered the oath...

Allegations against BD unfounded: MoFA

FE REPORT | 2024-04-26 00:00:00

Dhaka on Thursday said isolated and unfounded allegations has been flagged in the recently published 'Bangladesh 2023 Human Rights Report' of the US State Department.Addressing a press briefing convened in reaction to the report, foreign ministry spokesperson Seheli Sabrina said...

Govt now trying to hold dummy UZ polls: BNP

FE REPORT | 2024-04-26 00:00:00

Bangladesh Nationalist Party (BNP) said on Thursday that the government was trying to hold dummy upazila elections this time. "The Prime Minister (PM) is now going to hold dummy upazila elections. And this time even Awami League (AL) leaders won't...

288 Myanmar security personnel sent back from Bangladesh

2024-04-26 00:00:00

COX'S BAZAR, Apr 25 (BSS): A total of 288 members of Myanmar's army and Border Guard Police (BGP), who fled to Bangladesh amid ongoing conflicts in their country, were repatriated on Thursday.The handover took place at Bangladesh Inland Water Transport...

BNP now desperate to assume power: Quader

2024-04-26 00:00:00

Awami League (AL) general secretary Obaidul Quader on Thursday said BNP has become desperate to capture state power by any means, while its leaders have lost their sense, reports BSS."BNP leaders could not understand that the Awami League does politics...

Pulled real estate deals highest in Europe since global financial crisis, says MSCI

2024-04-26 00:00:00

LONDON, April 25 (Reuters): Real estate deals in Europe fell through in their highest numbers since the global financial crisis in the first quarter of 2024, data firm MSCI Real Assets said on Thursday, as economic uncertainty in the region...

India central bank scrutiny of financial firms leads to restrictions

2024-04-26 00:00:00

MUMBAI, April 25 (Reuters): The Reserve Bank of India's (RBI) increased scrutiny of banks and other financial firms has resulted in a spate of supervisory restrictions, most recently on Kotak Mahindra Bank, India's fourth largest private lender by assets.On Wednesday...

Asian markets mixed as global rally stalls, eyes on yen

2024-04-26 00:00:00

HONG KONG, April 25 (AFP): Equities were mixed on Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning that it will spend far more than expected this year fuelling worries that the latest tech-led...

Delegates from Malawi visits IDCOL

2024-04-26 00:00:00

An eleven-member delegation from the Government of Malawi is currently visiting Bangladesh to gain firsthand knowledge on IDCOL's renewable energy activities. IDCOL is facilitating in-house sessions at its head office and arranging site visits to various IDCOL financed renewable energy...

BCSIR Receives International ISO/IEC - 17025:2017

2024-04-26 00:00:00

National Analytical Research and Services (INARS) of BCSIR has achieved Water Quality parameter International Certificate ISO/IEC - 17025:2017 for testing water worldwide Bangladesh Accreditation Board (BAB) Director General (Additional Secretary) Md. Anwarul Alam handed over the Accreditation Certificate to BCSIR...

Anhui Provincial People's Congress TEAM visits BCCCI

2024-04-26 00:00:00

A 17-member delegation of Anhui Provincial People's Congress from China led by Wei Xiaoming, Vice Chairman of the Anhui Provincial People's Congress, visited Bangladesh China Chamber of Commerce & Industry (BCCCI) office in Dhaka on Tuesday and discussed trade and...

CHATTOGRAM PORT DAY OBSERVED

2024-04-26 00:00:00

The Chittagong Port Authority (CPA) observed the 137th Chattogram Port Day on Thursday, marking the 137th founding anniversary of the Chittagong seaport, one of the oldest natural ports in the subcontinent and also the prime one in the country. On...

Unilever BD collaborates with IBA for research on plastic circularity

2024-04-26 00:00:00

Unilever Bangladesh (UBL), the country's leading Fast Moving Consumer Goods (FMCG) company, is collaborating with the Institute of Business Administration (IBA), University of Dhaka, on two new areas under its industry-academia partnership. The initiatives include commissioning research to increase understanding...

Tahmina Akhter joins Agrani Bank as DMD

2024-04-26 00:00:00

Tahmina Akhter joined as a Deputy Managing Director (DMD) at the state-owned Agrani Bank PLC on Thursday, says a press release. She was assigned to this post through a circular of the Financial Institutions Division of the Ministry of Finance...

ICCAB gets new leaders for 2024-25

2024-04-26 00:00:00

Probir Chandra Das, Deputy Managing Director & CFO of National Life Insurance Co. Ltd., and Moinul Hye Asif, EVP and Head of Risk & Compliance of Metlife, have been elected Chairman and General Secretary of the Insurance Companies CAMLCOs Association...

Startup BD to invest Tk 10m in Pulse Tech

FE REPORT | 2024-04-26 00:00:00

Startup Bangladesh Limited, a government-backed venture capital (VC) firm, is set to make a strategic investment worth Tk 10 million in Pulse Tech, a local healthcare venture, to expand retail pharmaceutical operation in the country.To this effect, the Startup BD...

UCB opens sub-branch at Lalbagh

2024-04-26 00:00:00

United Commercial Bank (UCB) recently opened a new sub-branch in Dhaka's Lalbagh area. The inauguration ceremony was held at the new branch and attended by Md Sekander-E-Azam, senior executive vice president and head of Transaction Banking & Head of Branch...

EBL-merchant mariners co-branded cards launched

2024-04-26 00:00:00

Eastern Bank Limited (EBL) and the Bangladesh Merchant Marine Officers' Association (BMMOA) recently launched co-branded VISA Signature and VISA Platinum credit and debit cards, in collaboration with VISA. A formal launch event was held at the BMMOA office in the...

MTB wholesale banking recognised as BD's best in 2024

FE DESK | 2024-04-26 00:00:00

Mutual Trust Bank's (MTB) Wholesale Banking Division has been named 'Best in Wholesale Banking' for 2024 by International Business Magazine, according to a statement. The award recognises the division's commitment to providing exceptional banking services to Bangladesh's corporate sector.MTB's success...

Subscription of Beximco zero coupon bonds opens April 28

FE REPORT | 2024-04-26 00:00:00

Bangladesh Export Import Company (BEXIMCO) has announced to commence subscription of 'Beximco 1st Unsecured Zero Coupon Bond' on Sunday (April 28), aiming to collect Tk 15 billion.The bond subscription will continue until May 15, according to a statement published on...

Reckitt Benckiser stagnates for high finance cost

FE REPORT | 2024-04-26 00:00:00

Reckitt Benckiser (Bangladesh) reported a profit of Tk 151.7 million for January-March this year, almost the same as for the same quarter last year, despite a decline in sales revenue.The UK-based multinational company that sells health and hygiene-related products earned...

Investors keen on GP in depressed market after 72pc profit growth disclosure

FE REPORT | 2024-04-26 00:00:00

Grameenphone (GP) rose more than 1 per cent to Tk 235 per share on the Dhaka bourse on Thursday after it reported a 72 per cent year-on-year profit growth for the first quarter this year.The leading telecom operator secured a...

Why IFIC Bank shelves plan to leave Nepal

FARHAN FARDAUS | 2024-04-26 00:00:00

IFIC Bank backtracked on its two-year plan to sell its stake in Nabil Bank of Nepal as policy changes in the South Asian country diminished the possibility of gaining the expected profit from the deal. Instead, it considers keeping its...

DSEX keeps sliding on adverse reaction to policy intervention

FE REPORT | 2024-04-26 00:00:00

The Dhaka bourse on Thursday failed to break out of losing streak despite the regulatory move limiting stocks' daily allowable correction to 3 per cent from 10 per cent. In a market review, EBL Securities said the depressed market observed...

KSA braced for heavy rainfall from today

2024-04-26 00:00:00

RIYADH: Saudi Arabia is set to receive more rainfall toward the weekend, with Riyadh and its outskirts likely to witness heavy rains from Friday to next Tuesday, according to a report published on www.arabnews.com.In addition, the National Center for Meteorology...