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Orsaline taxed at 98pc in BD

DOULOT AKTER MALA | 2024-04-04 00:00:00

Oral saline is taxed at above 98 per cent in Bangladesh now due to the inclusion of its prime packaging material on a high import tariff list.Local manufacturers say that changes in HS code by the customs authority have led...

Students boycott BUET exams to keep campus free of politics

2024-04-04 00:00:00

Students at the Bangladesh University of Engineering and Technology (BUET) have boycotted their exams on Wednesday to push for their demand to keep the campus free of political activities, reports bdnews24.com.Students had previously boycotted exams on Mar 30 and Mar...

Take unfit vehicles off roads conduct mobile courts to prevent accidents

2024-04-04 00:00:00

The National Committee to Protect Shipping, Roads and Railways on Wednesday demanded the authorities concerned conduct drives against all types of illegal vehicles, including buses without route permits, and drivers without license to prevent road accidents and save lives during...

Chinese Ambassador to Bangladesh Yao Wen presenting a bouquet to Prime Minister Sheikh Hasina

2024-04-04 00:00:00

Chinese Ambassador to Bangladesh Yao Wen presenting a bouquet to Prime Minister Sheikh Hasina during his courtesy call on her at the latter's official residence Ganabhaban in the city on Wednesday — Focus Bangla

Amir Hamza, four others indicted on abetting militancy

2024-04-04 00:00:00

The Police Counter Terrorism Investigation Division has indicted five suspects, including religious orator Amir Hamza, for instigating militancy, reports bdnews24.com.They filed the case under the Anti-Terrorism Act with the Darus Salam Police Station.Amir Hamza used to travel across the country...

BD Bahrain to work together to strengthen existing bond: Anisul

2024-04-04 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Huq on Wednesday said Bangladesh has a strong relationship with Kingdom of Bahrain and would work together to strengthen this existing bond, reports UNB."We have a strong friendship and hope to take forward...

EC working to present free and fair UZ polls

2024-04-04 00:00:00

KHULNA, Apr 4 (BSS): Election Commissioner Brig General (Retd) Md Ahsan Habib Khan on Wednesday said the Election Commission is working tirelessly to present a free, fair and festive upazila election across the country."Election related government officials including the law...

Govt's pragmatic steps reduce child, maternal mortality rates, says PM

2024-04-04 00:00:00

Prime Minister Sheikh Hasina said on Wednesday that the government had been able to reduce the child and maternal mortality rates along with poverty rate in the country through various pragmatic steps, reports BSS."We've established community clinics across the country...

Govt seeking reason to annihilate BNP

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

Bangladesh Nationalist Party (BNP) standing committee member Dr Abdul Moyeen Khan said on Wednesday that the Awami League government was seeking a reason to annihilate their party."We (BNP) are on the movement for establishing people's rights," he said while visiting...

AL's tradition is to stand beside people: Quader

2024-04-04 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday said his party's tradition is to stand beside the people in any crisis, reports BSS."Those, who are used to arrange party in luxurious restaurants in...

Traditional pre-election rally eludes Indian stocks

2024-04-04 00:00:00

With weeks to go before India starts voting in a general election that the incumbent government is widely expected to win, Indian equity markets are uncharacteristically languid and not seeing the traditional pre-election rally, according to Reuters.Analysts say this time...

Stock market crashes are rare, equity bubbles even rarer

2024-04-04 00:00:00

ORLANDO, Florida, April 3 (Reuters): If you're sure we're in a mass-market equity bubble, you probably have to rely on instinct as to what happens next as there are precious few historical examples to guide you as to when, where...

JPMorgan Chase launches digital media business

2024-04-04 00:00:00

NEW YORK, Apr 03 (Reuters): JPMorgan Chase on Wednesday launched a new digital media business that would allow advertisers to target the Wall Street bank's 80 million customers based on their spending data.The new platform called Chase Media Solutions will...

Tesla to scout sites in India for $2b-$3b EV plant

2024-04-04 00:00:00

NEW YORK, Apr 03 (Reuters): Tesla will send a team to India this month to scout locations for a proposed $2 billion to $3 billion electric car plant, the Financial Times reported on Wednesday.Tesla's reported push into India comes at...

US private sector hiring picks up again in March

2024-04-04 00:00:00

WASHINGTON, Apr 03 (AFP): US private sector hiring came in well above expectations last month, payroll firm ADP said Wednesday, with construction, financial services and manufacturing all contributing to the increase.Private sector employment rose by 184,000 in March, ADP said...

Janata Bank distributes food items in Noakhali

2024-04-04 00:00:00

Janata Bank PLC distributed food items among the destitute in Lautali area of Beguamganj Upazila in Noakhali recently on the occasion of Eid-ul-Fitr. The bank's Director M Shamsul Alam was present as the chief guest and distributed the food items....

Rising Treasury yields pose a test for richly valued US stocks

2024-04-04 00:00:00

NEW YORK, April 3 (Reuters): Rising Treasury yields could provide the latest test for a rally that has made US stocks increasingly expensive while taking them to fresh record highs.Expectations that the Federal Reserve will cut interest rates this year...

NCC Bank signs research agreement with Dhaka University

2024-04-04 00:00:00

NCC Bank will provide financial assistance of Tk 9.5 million to a jute retting research project undertaken by the Department of Biochemistry & Molecular Biology of Dhaka University as part of its CSR programme in the farming sector. An agreement...

MTB receives bancassurance business commencement approval

2024-04-04 00:00:00

Mutual Trust Bank (MTB) has received bancassurance business commencement approval from Bangladesh Bank. Mohammad Shahriar Siddiqui, director, BRPD, Bangladesh Bank, presented the approval letter to Md Shafquat Hossain, deputy managing director and head of Retail Banking Division of MTB, at...

Southeast Bank distributes special CSR fund-

2024-04-04 00:00:00

Southeast Bank distributed a special CSR fund to help farmers with cultivation and purchasing agri machinery. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, handed over financial assistance to grassroots farmers at the bank's head office on Monday. The...

PRAN-RFL’s ‘Eid for All’ campaign for underprivileged children

2024-04-04 00:00:00

PRAN-RFL Group, a leading business conglomerate, has launched an 'Eid for All' campaign for underprivileged children on the occasion of Eid-ul-Fitr. The aim of the campaign is to bring joy and happiness to underprivileged children during Eid by providing clothing...

Shabab Ahmed appointed Head of Corporate & Regulatory Affairs at BATB

2024-04-04 00:00:00

Shabab Ahmed Choudhury has been appointed as the Head of Corporate & Regulatory Affairs at BAT Bangladesh (BATB), with effect from April 1, says press release.Shabab has recently completed 15 years with BAT Group, during which he has assumed various...

'Subid Ali Digital Plenary' opens at BGMEA Complex

2024-04-04 00:00:00

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) launched a 'Subid Ali Digital Plenary' at its headquarters in Dhaka, reports BSS.BGMEA president Faruque Hassan inaugurated the Subid Ali Digital Plenary.This digital plenary is named in honour of Subid Ali, the...

Sea Pearl Beach Resort risks being defaulter if regulator rejects ICB condition

MOHAMMAD MUFAZZAL | 2024-04-04 00:00:00

Sea Pearl Beach Resort & Spa is at the risk of being labelled as defaulter if it fails to covert bonds worth Tk 1.2 billion into shares meeting the conditions put forth by the bondholder, state-run Investment Corporation of Bangladesh...

Curious trading makes Yusuf Flour most pricey stock

BABUL BARMAN | 2024-04-04 00:00:00

Yusuf Flour Mills, a little known SME stock, exceeded Tk 5,000 on the Dhaka Stock Exchange's SME platform on Wednesday, becoming the most-expensive share in the stock market. The stock more than doubled to Tk 5,183.5 per share in the...

Saudi Arabia sees 59pc surge in commercial registrations

2024-04-04 00:00:00

RIYADH, Apr 03 (Arab News): Saudi Arabia's trade industry witnessed 104,000 commercial registrations in the first quarter of 2024, marking a 59 per cent year-on-year growth, according to official data. This comes as the Ministry of Commerce issued 65,363 permits...

Turkish inflation inches up in March to 68.5pc

2024-04-04 00:00:00

ISTANBUL, Apr 03 (AFP): Price growth in inflation-plagued Turkey gathered pace in March, rising to 68.5 per cent year-on-year, the country's statistics agency TUIK said Wednesday.The increased reading followed a Sunday municipal election drubbing for President Recep Tayyip Erdogan's party...

Biden, China’s Xi hold phone call on Taiwan, AI, trade

2024-04-04 00:00:00

BEIJING, Apr 03 (AP): In a phone call Tuesday, US President Joe Biden discussed AI, counternarcotics and Russian access to technology with Chinese Premier Xi Jinping, the White House said.President Biden held a phone call with Chinese President Xi Jinping...

ESSENTIAL DRUGS COMPANY TO GET INSURANCE SERVICES FROM METLIFE

2024-04-04 00:00:00

Essential Drugs Company Limited (EDCL), a renowned Bangladeshi pharmaceuticals company, signed a contract with MetLife to provide insurance facilities to their employees in Bangladesh. As part of this contract, around 4,500 employees of EDCL will receive insurance support for Death...

UCB ASSET PRIVILEGE CARD LAUNCHED WITH SPECIAL BENEFITS

2024-04-04 00:00:00

UCB Asset Management Limited, in association with its parent company, United Commercial Bank PLC, has launched a loyalty programme -- UCB Asset Privilege -- the first-ever initiative in the investment management industry for specific high-valued investors. UCB Asset Privilege investors...