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Security tightened in Khulna for Eid

2024-04-02 00:00:00

KHULNA, Apr 1 (BSS): Police have taken three-tier security measures in the city on the holy Eid-ul-Fitr, one of the biggest religious festivals of the Muslims, an official source said Monday."We have taken adequate security measures throughout the city ahead...

Court takes graft charge against ex-DGHS chief, five others into cognizance

2024-04-02 00:00:00

A court in the city on Monday took charge-sheet filed in a graft case lodged by the Anti-Corruption Commission (ACC) against former director general (DG) of Directorate General of Health Services (DGHS) Abul Kalam Azad and five others, into cognizance,...

Knit workers block road in Gazipur for wage, Eid bonus

2024-04-02 00:00:00

GAZIPUR, Apr 01 (UNB): Demanding wage and Eid bonus, workers of Keya Knit Composite Limited in Konabari Jarun area of Gazipur blocked a road on Monday.Sumon Mia, administrative officer of the factory, said the workers' salary for the month of...

Polls to 161 upazila councils on May 21

2024-04-02 00:00:00

The second phase of Upazila council elections is set to be held on May 21, with 161 of the local government bodies going to the polls, bdnews24.com.The Election Commission finalised the schedule on Monday. The deadline for nomination submissions is...

BCL's contributions to '71 war undeniable: Quader

2024-04-02 00:00:00

Awami League (AL) General Secretary Obaidul Quader said on Monday that the contributions of Bangladesh Chhatra League (BCL) to the country's Liberation War was undeniable was around 17,000 BCL men sacrificed their lives in the war."Under the undisputed leadership of...

Fakhrul, Abbas visit Khaleda Zia at hospital

FE REPORT | 2024-04-02 00:00:00

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir and standing committee member Mirza Abbas visited on Monday ailing party chairperson Begum Khaleda Zia at Evercare Hospital in the capital. The two party high-ups went to the hospital at...

Prime Minister Sheikh Hasina presiding over a Cabinet meeting

2024-04-02 00:00:00

Prime Minister Sheikh Hasina presiding over a Cabinet meeting at her office in the city on Monday — PID

Turkey stocks climb, lira at low after opposition election win

2024-04-02 00:00:00

April 1 (Reuters): Turkish stocks rose on Monday and the lira weakened slightly after hitting its record low against the dollar after the political opposition logged a thumping victory over President Tayyip Erdogan's AK Party (AKP) in local elections.Analysts said...

Asia factory activity slumps, brighter signs emerge in China -

2024-04-02 00:00:00

TOKYO, April 1 (Reuters): Factory activity in many Asia economies weakened in March but there were some brighter signs in China and South Korea, surveys and data showed on Monday, offering a mixed picture on the once fast-expanding, key driver...

Metals fuel India's blue-chips to record highs to start fiscal year 2025

2024-04-02 00:00:00

BENGALURU, Apr 01 (Reuters): India's benchmark indexes clocked record highs in the first session of fiscal year 2025, led by a surge in metal companies after upbeat data from top consumer China.The blue-chip NSE Nifty 50 index was up 0.61...

DYD, Plan Int'l inks MoU for cooperation

2024-04-02 00:00:00

A Memorandum of Understanding (MoU) was inked between Department of Youth Development (DYD) and Plan International Bangladesh on Sunday, reports UNB.It signifies a concerted effort to foster comprehensive youth development, promote gender equality, enhance climate resilience, and secure sustainable funding...

China criticises US tightening of chip export rules

2024-04-02 00:00:00

BEIJING, Apr 01 (Reuters): China has criticised the tightening of US rules on semiconductor exports, saying they have created more hurdles to trade and more uncertainty in the chip industry.The Biden administration last week revised rules aimed at making it...

BPDB facebook page hacked

2024-04-02 00:00:00

The official facebook page of Bangladesh Power Development Board (BPDB) was hacked on Monday, says a press release.The hackers also posted some undesirable contents on the page.The BPDB authority has already informed the Bangladesh Telecommu-nication Regulatory Commission of the incident...

MARCEL FRIDGE BUYER GETS TK 1.0M

2024-04-02 00:00:00

Jharna Begum, a housewife from Daganbhuiyan Upazila of Feni district, got Tk 1.0 million after she had purchased a Marcel refrigerator. She got the benefit under the local brand's ongoing Digital Campaign Season-20. Marcel's Brand Ambassador film actor Amin Khan,...

UNION BANK STEPS INTO 12TH YEAR

2024-04-02 00:00:00

Union Bank PLC has stepped into its 12th year. On the occasion, an anniversary celebration programme was held at its Head Office in Dhaka recently. Managing Director & CEO of the bank ABM Mokammel Hoque Chowdhury inaugurated the programme by...

STANDARD BANK HOLDS 389TH BOARD MEETING

2024-04-02 00:00:00

The 389th Board Meeting of Standard Bank PLC was held at the bank's Head Office in Dhaka on Sunday. Chairman of the Board of Directors Kazi Akram Uddin Ahmed presided over the meeting. Vice Chairman Mohammad Manjur Alam, Directors Kamal...

BGMEA seeks embassy's support in attracting Italy's investment

2024-04-02 00:00:00

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Faruque Hassan paid a courtesy call on Monirul Islam, Ambassador of Bangladesh to Italy, at the embassy in Rome, reports UNB.Embassy officials including Economic Counsellor Md Al Amin and First Secretary (Labour)...

Rupganj Jamdani weavers, traders eye Tk 1.5b-1.6b Eid sale

2024-04-02 00:00:00

NARAYANGANJ, Apr 01 (UNB): Jamdani weavers are working round the clock at Noapara Jamdani palli in Rupganj upazila of Narayanganj to make new and fashionable Jamdani sarees with hope of good sale during Eid.Visiting the Jamdani palli, the correspondent found...

Chinese co to invest $6m in BEPZA EZ

2024-04-02 00:00:00

Chinese company Taisheng (Bangladesh) Webbing Co Ltd is going to invest US$ 6.0 million to set up a Shoe, Bag and Garments Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ) located at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), Mirsharai,...

BSEC permits Power Grid to issue shares against govt funds

FE REPORT | 2024-04-02 00:00:00

The securities regulator has approved the application of Power Grid Company to issue 201.08 million ordinary shares and 7.64 billion irredeemable and non-cumulative preference shares in favour of the power division secretary.The state-run electricity transmission and distribution service provider will...

SOUTHEAST BANK DISTRIBUTES SPECIAL CSR FUND

2024-04-02 00:00:00

Southeast Bank distributed Special CSR Fund among farmers for cultivation and purchasing agricultural machinery. Nuruddin Md. Sadeque Hossain, managing director of the bank, handed over financial assistance to the farmers at the bank's head office on Monday. The financial assistance...

Techno Drugs bidding begins April 21 to decide cut-off price

FE REPORT | 2024-04-02 00:00:00

The bidding for eligible investors (EIs) to explore the cut-off price of IPO shares of Techno Drugs will begin on April 21, aiming to raise Tk 1 billion from the primary market.The bidding, a requirement for going public under the...

DSEX at 3-year low, influenced by interest rate rise, Beximco bonds

FE REPORT | 2024-04-02 00:00:00

Stocks failed to sustain the revival spirit as rising interest rates and approval of a big amount of zero coupon bonds turned investor sentiment against the market.Substantial price erosion of large-cap stocks dragged the Dhaka Stock Exchange (DSE) down by...

Copper prices climb on positive China industrial data

2024-04-02 00:00:00

BEIJING, Apr 1 (Reuters): Copper prices kick started April higher on Monday, as positive industrial data posted by China bolstered demand outlook from the world's top metal consumer.Three-month copper on the London Metal Exchange added 0.3 per cent to $8,872...

Gold hits all-time high as US data lifts June rate cut hopes

2024-04-02 00:00:00

Gold prices extended their record run on Monday as the latest data showing a slowing US inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut in June, reports Reuters.Lower interest rates reduce the opportunity...

China Southern Airlines to add 17 international routes

2024-04-02 00:00:00

BEIJING, Apr 1 (Reuters): China Southern Airlines on Monday launched its first flight between Beijing and Macau and said it plans to add 17 international routes, in a sign it expects a pick-up in international travel this year.The airline said...

Corn, wheat futures fall

2024-04-02 00:00:00

JAKARTA, Apr 1 (Reuters): Chicago Board of Trade (CBOT) corn inched lower on Monday, weighed by report of multi-year high stocks, despite expectation of lower planting in 2024.The CBOT corn fell 0.62 per cent to $4.39-1/4 a bushel by 0331...

Oil stays near 5-month high as tighter supply looms

2024-04-02 00:00:00

LONDON, Apr 1 (Reuters): Oil prices stayed near five-month highs on Monday as markets expected tighter supply due to OPEC+ cuts and after attacks on Russian refineries, while Chinese manufacturing data supported a stronger demand outlook.Brent crude was 35 cents...

Relentless US credit demand seen driving Q2 rally

2024-04-02 00:00:00

WASHINGTON, Apr 01 (Reuters): An investor scramble to lock in returns before the Federal Reserve cuts rates is expected to sustain a rally in the US corporate bond market into the second quarter, with one strategist saying it may touch...

Modi says central bank must prioritise growth, ensure rupee’s global appeal

2024-04-02 00:00:00

MUMBAI, Apr 01 (Reuters): India's central bank must prioritise the country's economic growth and also ensure the rupee is made more accessible and acceptable globally, Prime Minister Narendra Modi said on Monday.The Reserve Bank of India must give top priority...