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JANATA BANK ORGANIZES TRAINING COURSE

2024-09-04 00:00:00

Managing Director of Janata Bank PlC Md Abdul Jabbar inaugurated a 20-day training course on 'Managers' Induction' organised by Janta Bank Staff College in Dhaka recently. Some 25 officers participated in the training course.

Shahjalal Islami Bank signs DEAL with Placid Express

2024-09-04 00:00:00

Shahjalal Islami Bank has signed a remittance drawing agreement with USA based remittance company Placid Express, at the bank's corporate head office on September 3. Managing Director of Shahjalal Islami Bank Mosleh Uddin Ahmed and Director of Placid Express Mohammed...

Southeast Bank provides fund to Habiganj Agricultural University

2024-09-04 00:00:00

Southeast Bank has provided financial support to Habiganj Agricultural University for agricultural research under special CSR fund. Financial assistance has been handed over to Professor Md. Abdul Baset, vice-chancellor of the university in presence of Nuruddin Md. Sadeque Hossain, Managing...

IPDC Finance launches Tree Plantation Programme

2024-09-04 00:00:00

IPDC Finance Limited has partnered with Enroute Foundation as implementation partner for a tree plantation drive supervised by RAJUK, as this initiative aims to enhance the city's ecological balance and promote environmental sustainability, says a press release.Key representatives from both...

HSBC named International Retail Bank of the Year

2024-09-04 00:00:00

Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been awarded as the International Retail Bank of the Year for the fourth consecutive year, as well as the Best Marketing and Brand Initiative of the year for the second time...

IIDFC gets new DMD

2024-09-04 00:00:00

Abu Shadat Mohammad Shahin has recently joined as Deputy Managing Director (DMD) of IIDFC PLC, says a press release.Mr Shahin has more than 24 years of professional exposure in the banking industry in various capacities. He started off his career...

Alltex's land assets' worth up 59pc after re-evaluation

FE REPORT | 2024-09-04 00:00:00

Loss-making Alltex Industries has re-evaluated its land, resulting in the value of the assets going up by 59 per cent to Tk 2.19 billion.According to a stock exchange filing on Tuesday, the re-evaluation of the assets will be reflected in...

Crisis-ridden Sonali Life Insurance gets observer

FE REPORT | 2024-09-04 00:00:00

The Financial Institutions Division (FID) has appointed its additional secretary Md Shah Alam as an observer to the crisis-ridden Sonali Life Insurance Company to protect the interest of policyholders and address other issues.Besides, it instructed the Insurance Development and Regulatory...

Abdul Awal elected chair of Risk Management Committee of Mercantile Bank

2024-09-04 00:00:00

Mohammad Abdul Awal (Sumon) was been elected as chairman of the Risk Management Committee of Mercantile Bank at the 448th board meeting of the bank on September 1. Mr. Awal is managing director of Synthia Securities Ltd. He also worked...

DU teacher Farzana Lalarukh completes BSEC board

FE REPORT | 2024-09-04 00:00:00

Former Dhaka University teacher Farzana Lalarukh has been appointed as commissioner of the Bangladesh Securities and Exchange Commission (BSEC) for the next four years.The Financial Institutions Division of the Ministry of Finance (MoF) issued a notification in this regard on...

ICB left on its own as finance ministry rejects Tk 50b loan plea

MOHAMMAD MUFAZZAL | 2024-09-04 00:00:00

The interim government has turned down the ICB's plea for a loan worth Tk 50 billion sought to strengthen its financial base and support the country's capital market."The government now is not willing to disburse any loan. It would be...

A periodic approach to reduce rice consumption

NOWSHABA ACHAL | 2024-09-04 00:00:00

In Bengali culture, rice is more than simply food; it's a daily staple, a habit, and a source of comfort. However, many people are thinking about cutting back on their use of white rice as they become more aware of...

A monsoon travel guide

RISANAN NID | 2024-09-04 00:00:00

Rain has the magical power of romanticising nature-be it melancholic or joyful. Adventurers can't help themselves answering that call. In Bangladesh, the monsoon typically lasts from June to September. Drenching the greens and painting the sky with clouds, the monsoon...

Differences between entrepreneur and businessman

2024-09-04 00:00:00

Entrepreneurs and businessmen are both essential parts of the business world. They create two distinct but significant values in the market. Entrepreneurs are more likely involved in innovation by creating new business ideas. They are more interested in startups or...

Hold police personnel accountable for murder

2024-09-04 00:00:00

The entire nation remains acutely aware of the police brutality during the quota reform movement. Numerous individuals are currently fighting for life in hospitals, unsure whether they will ever reclaim a semblance of normalcy. Following the interim government's assumption of...

Time for universities to reorganise

2024-09-04 00:00:00

Universities serve as the meeting place of teachers and students, embodying the intellectual core of a nation. They play a pivotal role in cultivating the minds that will steer the country's future, providing an environment conducive to the exchange and...

Genuine data for sound planning

Syed Mansur Hashim | 2024-09-04 00:00:00

One of the most disturbing pieces of news of the year about economy was the revelation that there had been systematic distortion of data by government bodies, especially the Bangladesh Bureau of Statistics (BBS) followed by Export Promotion Bureau (EPB)....

No action plan yet to explore blue economy

Wasi Ahmed | 2024-09-04 00:00:00

Quite a few years have passed since the settlement of maritime disputes with neighbours in the designated international court. Still, there is nothing in view to suggest any mentionable work programme to explore the vast resources of the ocean- blue...

Earning remittance senders' trust

2024-09-04 00:00:00

Remittance, the second biggest source of Bangladesh's foreign currency earning after exports, the expatriate workers send home may vary in amounts from time to time. The variation depends on multiple factors. Last month, for instance, the homebound remittance recorded a...

Saudi oil tanker Amjad was not targeted in Red Sea

2024-09-04 00:00:00

Saudi shipping firm Bahri said on Tuesday its tanker Amjad was not targeted in a Red Sea attack, and that it had been spared any damage from the incident that hit another tanker that was sailing nearby, reports Reuters.The US...

Cathay Pacific inspections find 15 A350s need engine parts replaced

2024-09-04 00:00:00

Hong Kong's Cathay Pacific Airways said on Tuesday it had inspected its entire Airbus A350 fleet after the in-flight failure of an engine part and found 15 aircraft with components that needed replacement, reports Reuters.Cathay Pacific said three of the...

Gold gains as attention turns to US payrolls data

2024-09-04 00:00:00

Gold prices edged higher on Tuesday on optimism that the U.S. Federal Reserve will cut interest rates this month as attention shifted to upcoming jobs data which could provide more insights into the size of rate cuts, reports Reuters.Spot gold...

Oil falls as Chinese demand concerns overshadow Libyan export halt

2024-09-04 00:00:00

Brent oil prices declined 2 per cent on Tuesday as sluggish economic growth in China, the world's biggest crude importer, increased demand concerns that overshadowed the impact of halted production and exports from Libya, reports Reuters.Brent crude futures fell by...

Abducted mother, daughter found dead in Cox's Bazar

2024-09-04 00:00:00

CUMILLA, Sept 03 (BSS): Members of Rapid Action Battalion (RAB) recovered the bodies of a woman and her child, who were allegedly kidnapped from Padua area in Cumilla three days ago, from Cox's Bazaar town last night.The victims are Arifa...

Floods claim 71 lives so far

2024-09-04 00:00:00

The death toll from the recent catastrophic flood in 11 districts has risen to 71 with four more deaths reported on Tuesday, according to the report of Disaster Management and Relief Ministry, reports UNB.The fresh deaths were reported from worst-hit...

RMG workers block Dhaka-M'sing highway for job reinstatement

2024-09-04 00:00:00

GAZIPUR, Sept 03 (UNB): Vehicular movement on Dhaka-Mymensingh highway remained suspended for one hour on Tuesday as some retrenched garment workers staged demonstration blocking the highway demanding reinstatement of their jobs.The agitated garment workers, who were sacked from various factories...

Hilsa prices remain high in Chandpur despite peak season, supply still low

2024-09-04 00:00:00

CHANDPUR, Sept 03 (UNB): Despite the peak of the Hilsa season, the supply of the prized fish has not increased at Chandpur's renowned "Boro Station Fish Landing Centre" (Big Station Fish Ghat).Consequently, the price of Hilsa from the Padma-Meghna rivers...

Looted arms still belong to public

OUR CORRESPONDENT | 2024-09-04 00:00:00

RAJSHAHI, Sept 03: Public concern has been raised about the weapons looted from police just after the fall of Sheikh Hasina's government on August 05.Miscreants vandalised and torched police stations and outposts in Rajshahi, looting 207 weapons and 11,027 rounds...

Iran's top court backs death penalty for Guard volunteer over 2022 protest killing

2024-09-04 00:00:00

DUBAI, Sept 03 (AP): Iran's Supreme Court has upheld a death sentence imposed on a member of the all-volunteer wing of the country's paramilitary Revolutionary Guard who stormed a house during the 2022 protests over the death of Mahsa Amini...

India cops kill nine Maoist rebels

2024-09-04 00:00:00

RAIPUR, Sept 03 (AFP): Indian police killed at least nine Maoist rebels during a gunfight on Tuesday, officials said, with security forces still searching the forest for more remains and weapons.The clash is the latest in India's long-running Maoist insurgency...