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Islami Bank organises food distribution programme

2024-04-05 00:00:00

Islami Bank Bangladesh organised a food distribution programme for fasting slum dwellers and rootless people at Rahmat-E- Alam Islam Mission Orphanage in the capital on Wednesday. Asaduzzaman Khan, MP, minister for home affairs, distributed food as the chief guest at...

Meghna Bank to use EBL payment gateway

2024-04-05 00:00:00

Users of MeghnaPay, digital banking wallet of Meghna Bank, will be able to add money to their wallet and transfer money to Visa, credit, and debit cards through EBL SKYPAY, the payment gateway of Eastern Bank (EBL). M. Khorshed Anowar,...

Meena Bazar spreads Eid joy among underprivileged

2024-04-05 00:00:00

In the spirit of Eid-ul-Fitr, Meena Bazar has generously provided Eid food packages to those less fortunate and underprivileged, ensuring that financial constraints do not hinder their celebration of this auspicious occasion, says a press release. The food packages contain...

Nafis Akhter appointed CEO of Shanta Life Insurance

2024-04-05 00:00:00

Shanta Life Insurance announces the appointment of Nafis Akhter Ahmed as its Chief Executive Officer (CEO), says a press release. With this strategic move, Shanta Holdings Ltd, a renowned conglomerate of the country, stepped into its fourth venture in the...

Zahedul new chairman of Standard Bank Executive Committee

2024-04-05 00:00:00

Md Zahedul Hoque has been elected the Chairman of the Executive Committee of the Board of Directors of Standard Bank PLC in its 389th Board Meeting held recently, says a press release.A promising and well established businessman, Mr Hoque was...

ACME Pesticides becomes worst loser after declaring nominal dividends

FE REPORT | 2024-04-05 00:00:00

A significant decline in profits and nominal cash dividends declared by ACME Pesticides frustrated investors, dragging the stock down on the Dhaka Stock Exchange to be the worst loser on Thursday. The company topped the day's chart of top 10...

DSEX gains for second straight day as pre-Eid sale pressure eases

FE REPORT | 2024-04-05 00:00:00

Stocks extended the recovery mode for the second straight session on Thursday as bargain hunters favored taking positions in lucrative issues in anticipation of a potential turnaround.Price hikes of sector specific stocks such as Beximco Pharma, Beacon Pharma, Pubali Bank,...

US layoffs reach 14-month high

2024-04-05 00:00:00

NEW YORK, Apr 04 (Reuters): US layoff announcements rose 7 per cent in March to the highest since January 2023, led by technology and government-sector job eliminations, though cuts announced year to date are down 5 per cent from a...

HDFC Bank's loans grow at slower pace sequentially

2024-04-05 00:00:00

BENGALURU/MUMBAI, Apr 04 (Reuters): HDFC Bank said on Thursday its gross loans grew 1.6 per cent sequentially in the January-March period, at a rate that was slower than the previous quarter, with the Indian private lender also reducing its loan-to-deposit...

Yellen in China to press officials on industrial subsidies

2024-04-05 00:00:00

GUANGZHOU, Apr 04 (AFP): US Treasury Secretary Janet Yellen arrived in China's Guangzhou on Thursday for meetings to press Beijing over fears the country's industrial subsidies for green energy, cars and batteries could flood global markets with cheap goods.Her second...

India gives over $1.02b incentives to private firms

2024-04-05 00:00:00

NEW DELHI, Apr 04 (Reuters): India has paid $1.02 billion as incentives to boost local manufacturing, following over $13 billion in investments from private firms under a scheme introduced in 2020, a top government official said on Wednesday.The 1.97-trillion-rupee ($24...

BANK ALFALAH SIGNS MOU ON GREEN FINANCING

2024-04-05 00:00:00

Bank Alfalah Bangladesh has recently signed an MoU with Bangladesh Bank for Green Financing. The MoU emphasizes Bank Alfalah's commitment to offering Green Financing to its clients at reduced rates, with the support from Bangladesh Bank. Adil Islam, Country Head...

BANGLALINK CUSTOMERS GET MORE FOR LESS AT SHWAPNO

2024-04-05 00:00:00

Banglalink, a leading innovative digital operator, has partnered with Shwapno, one of the largest retail chain store in Bangladesh, offering its Orange Club customers with ease and access to all the grocery needs this Ramadan. Orange Club is a loyalty...

US Feb trade deficit widens

2024-04-05 00:00:00

WASHINGTON, Apr 4 (Reuters): The US trade deficit widened for a second straight month in February as an increase in exports to a record high was offset by surging imports, suggesting trade could be a drag on economic growth in...

Airbus delivers 142 planes

2024-04-05 00:00:00

PARIS, Apr 4 (Reuters): Airbus delivered 142 aircraft in the first quarter, up 12 per cent from the same period last year, industry sources said.The tally restored deliveries to the same level seen in the first quarter of 2022, following...

India rice export rates slide to 2-month low

2024-04-05 00:00:00

Prices of parboiled rice exported from top hub India slipped to their lowest level since early February this week, pressured by sluggish demand, while Thai rates declined for the fourth consecutive week due to a weaker baht, reports Reuters.Top exporter...

MMF garment market on track for $1.1tn by 2030

FE REPORT | 2024-04-05 00:00:00

Bangladesh needs to develop a man-made fibre (MMF) based value chain and introduce new product categories to capture a share of the global market for such garments, which is projected to reach 60 per cent by 2030, according to a...

Suryakumar set to join Mumbai Indians today

2024-04-05 00:00:00

Suryakumar Yadav is set to feature for the Mumbai Indians very soon in IPL 2024. Cricbuzz has learnt that he has been cleared by the National Cricket Academy and he will be with the team today (Friday).The No.1 ranked T20I...

Mbappe sends PSG into French Cup final

2024-04-05 00:00:00

PARIS, April 04 (Reuters): Kylian Mbappe's strike propelled Paris St Germain into the French Cup final with a comfortable 1-0 win over Stade Rennais on Wednesday, taking them one step closer to a 15th trophy. A dominant PSG looked set...

Oil-rich Saudi Arabia scoops up WTA Finals tennis

2024-04-05 00:00:00

RIYADH, April 04 (AFP): Saudi Arabia will host the WTA Finals for the next three editions, the Women's Tennis Association said on Thursday, following widespread speculation and criticism from some of the game's greats.In just the latest high-profile Saudi sporting...

BD drop to 184th in FIFA rankings

2024-04-05 00:00:00

Current World Cup Champions Lionel Messi's Argentina remained on top while Bangladesh dropped by one step to 184th in the latest FIFA World Rankings published by the World's apex body on Thursday, reports UNB.Argentina, which clinched the top position in...

Tigresses suffer yet another big defeat to Australia

2024-04-05 00:00:00

They came to this series accepting the reality that their Australian counterparts were far superior in every aspect of the game. And when the series ended, they faced the hard reality, losing all six matches without offering any kind of...

Minor boy electrocuted in Jamalpur

2024-04-05 00:00:00

JAMALPUR, Apr 04 (BSS): A minor boy was electrocuted after being touched with a switch of an easy bike battery charger under Islampur upazila of the district here on Thursday.The victim was identified as Md Pobitra, son of Zakiul Islam...

Covered van crushes BRT worker to death in Gazipur

2024-04-05 00:00:00

GAZIPUR, Apr 04 (bdnews24.com): A Bus Rapid Transit (BRT) worker has died after being struck by a covered van on the Dhaka-Mymensingh highway in Gazipur.The accident occurred at Jagrata Chowrangi area in Joydebpur upazila of the district around midnight on...

Fortune smiles on potato farmers in Chandpur

OUR CORRESPONDENT | 2024-04-05 00:00:00

CHANDPUR, Apr 04: Potato growers in the district are upbeat with an exquisitely massive yield of the crop this season and therewith a fair price as well.Despite an unwholesome weather condition, including untimely rainfalls, potato fields in the district had...

India aims to expand seafood exports to $12b in two years

2024-04-05 00:00:00

NEW DELHI, Apr 4 (Reuters): India is aiming to expand its seafood exports to around $12 billion in the next two years from $8 billion currently, mainly by focusing on high-end markets including the United States and Europe, two government...

Oil steady, bolstered by lower supply concerns

2024-04-05 00:00:00

LONDON, Apr 4 (Reuters): Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output cuts in place and geopolitical tensions add further risk.Brent futures for June rose by 3 cents, or 0.03...

Gold price hits fresh record above $2,300

2024-04-05 00:00:00

HONG KONG, Apr 4 (AFP): Gold broke above $2,300 for the first time Thursday as it continued to surge on the back of expectations that US interest rates will come down this year and high geopolitical tensions.The precious metal has...

A post-pandemic power shift in market

2024-04-05 00:00:00

The Covid-19 pandemic fundamentally altered consumer behaviour, propelling online businesses to the forefront. Brick-and-mortar stores, once the undisputed retail kings, scrambled to adapt to a world dominated by clicks and deliveries. As we transition into a post-pandemic era, a pivotal...

Urgent action against extra transport fare

2024-04-05 00:00:00

Eid holds immense significance for the Muslim Ummah, a time when families come together, and loved ones reunite to celebrate this auspicious occasion. The spirit of Eid, however, is tarnished for many due to the exploitative practices of unscrupulous traders...