NAZIMUDDIN SHYAMOL | 2024-03-19 00:00:00
CHATTOGRAM, Mar 18: Law enforcers from various corners were reportedly trying to take action against the Somalian pirates to rescue the abducted seamen of Bangladeshi flag carrier-ship MV Abdullah.However, SR Shipping, a concern of KSRM Group and the owner of...
YASIR WARDAD | 2024-03-19 00:00:00
Traders have lost interest in importing onions from neighbouring India due to a recent dramatic fall in domestic prices of the kitchen staple. The price fall in the local market coincides with the harvest season beginning across the country's onion-growing...
CHITTAGONG, Mar 18 (AFP): Rishad Hossain played an attacking innings of 48 after substitute Tanzid Hasan Tamim hit 84 off 81 balls Monday, steering Bangladesh into a four-wicket win and a 2-1 ODI series victory over Sri Lanka.Set a modest...
JASIM UDDIN HAROON | 2024-03-19 00:00:00
Fitch Solutions Company BMI predicts that the economic growth in Bangladesh is likely to remain steady in the current fiscal."We hold our short-term forecast for economic growth in Bangladesh steady, as we expect the country's real GDP to grow by...
FE REPORT | 2024-03-19 00:00:00
Depositors won't lose out and staff members will retain their jobs as the crisis-stricken Padma Bank merges with Exim Bank through a deal signed Monday, the host assures.But the directors of the defunct bank all get their marching orders from...
M AZIZUR RAHMAN | 2024-03-19 00:00:00
Gas supply across Bangladesh may increase next week as another private-sector floating LNG-regasification unit looks all but ready to resume operation after an overhaul, sources say about a respite from fuel crunch. Summit LNG Terminal Co Ltd, a subsidiary of...
OTTAWA, Mar 18 (Reuters): Canada, citing the need to shun Russian energy, on Monday signed an agreement with Germany that it said would accelerate work towards the commercial-scale trade of clean hydrogen fuel.The two nations inked a memorandum of understanding...
LONDON, Mar 18 (Reuters): Industry group European Aluminium wants the European Union to impose sanctions on aluminium supplied from Russia but not EU-based companies owned by Rusal which produces bauxite and alumina outside Russia some of it imported by Europe.The...
STANCHART, APOLLO MULTISPECIALTY HOSPITALS SIGN MOU Standard Chartered Bangladesh recently signed a Memorandum of Understanding (MoU) with Apollo Multispecialty Hospitals, Kolkata. As a part of the agreement, Apollo Multispecialty Hospitals will offer special discounts on health check-up packages, outdoor investigations,...
FE REPORTBangladesh proposed that Ireland set up a Special Economic Zone (SEZ) in the country for investment by Irish companies, Prime Minister's Private Industries and Investment Adviser Salman F Rahman said on Monday.A memorandum of understanding (MoU) will also be...
BKASH TO DISTRIBUTE 20,000 'MUJIB' GRAPHIC NOVELS To spread the ideals of the great leader Bangabandhu Sheikh Mujibur Rahman among the students, bKash has taken an initiative to distribute 20,000 copies of graphic novel 'Mujib' in 500 Bengali and English...
FE REPORT | 2024-03-19 00:00:00
The country's private jute millers sought a 30 per cent cash subsidy on machinery modernisation due to outdated units that expired decades ago.As a machine has a lifespan of 10 to 15 years, they claimed that roughly 80 per cent...
TOKYO, Mar 18 (Reuters): Japanese auto rivals Nissan Motor and Honda Motor are considering a strategic partnership to collaborate on producing key components for electric vehicles and artificial intelligence in automotive software platforms, the companies said Friday.The potential partnership could...
To learn about the successful implementation of the electronic government procurement (e-GP) system in Bangladesh, a 12-member delegation from the Republic of Tanzania is now in Dhaka and visited the office of Bangladesh Public Procurement Authority (BPPA) on Monday.During their...
LONDON, March 18 (Reuters): European venture capital-backed companies are signing up to increasingly complex convertible debt deals which risk giving investors more control or bigger payouts further down the road, people involved in the deals told Reuters.Ultra-low interest rates allowed...
Some major brokerages expect the US Federal Reserve to lower interest rates in June, months later than what markets had predicted earlier this year, as sticky inflation fanned concerns of cutting rates too soon, reports Reuters.Fed minutes of the Jan....
LONDON/SYDNEY, March 18 (Reuters): World shares firmed on Monday as Chinese data beat expectations, while investors looked to navigate a minefield of central bank meetings this week that could see the end of free money in Japan and a slower...
Padma Bank merges with Exim BankExim Bank and Padma Bank signed a memorandum of understanding (MoU) on Monday to initiate a merger. The signing ceremony was held at the Bangladesh Bank, as the central bank Governor Abdur Rouf Talukdar was...
Major stock markets in the Gulf rose on Monday led by the Abu Dhabi benchmark on higher oil prices, while shares in Egypt continued to ease for a second straight session, reports Reuters.Oil prices - a catalyst for the Gulf's...
Modhumoti Bank holds executive committee meetingThe 124th meeting of Modhumoti Bank's executive committee (EC) was held virtually on Saturday. EC Chairman Barrister Sheikh Fazle Noor Taposh chaired the meeting. Managing Director of Sharmin Group Mohammad Ismail Hossain, Chairman of Labib...
Bank Asia signs participation agreement with BB Bank Asia Limited signed a participation agreement with the Bangladesh Bank to access the central bank's refinance scheme offering a credit guarantee facility. This facility aims to support women entrepreneurs in small businesses...
Mohammad Mufazzal | 2024-03-19 00:00:00
Years of non-payment by Sea Pearl Beach Resort & Spa to the state-run Investment Corporation of Bangladesh (ICB) against bonds worth Tk 3.25 billion has led to a legal tussle between the parties. To help recover the money, the securities...
Babul Barman and Farhan Fardaus | 2024-03-19 00:00:00
Although the prime index of the Dhaka bourse plummeted 70 points, or 1.17 per cent, the market cap surged by Tk 277 billion or 4 per cent on Monday, from the day before. Analysts described the data as "unusual" and...
Rain/thunder showers accompanied by temporary gusty wind is likely to occur at one or two places over Rajshahi Khulna and Barishal divisions in the next 24 hours from 06:00 am today (Tuesday), according to the Met Office. Day temperature may...
Bangladesh reported 33 Covid-19 cases in 24 hours until Monday morning, reports UNB.With the new numbers, the country's total Covid-19 caseload rose to 2,049,188, according to the Directorate General of Health Services.The official death toll from the disease remained unchanged...
A 17-year-old boy killed himself by jumping off the roof of a 7-storey building in the capital's Bangshal area on Monday, police said.Ariful Islam Rifat, a salesman at Nawabpur market, lived with his parents in Bangshal, reports UNB.Md Alauddin, sub-inspector...
DU CORRESPONDENT A total of 40 under-graduate meritorious students of Dhaka University (DU) have received the Sumitomo Corporation Scholarship of Japan on Monday.The scholarship was given to the students of different academic years at a programme at Nabab Nawab Ali...
JASHORE, Mar 18 (UNB): Detectives in a drive arrested two people along with 32 gold bars, weighing 3.35 kg, from Khajura Bus Stand in Jashore New Market area on Monday.The arrestees were identified as Shahidul islam, 30, son of Imanur...
Crown Princess Victoria of Sweden, during her visit to Bangladesh as a Goodwill Ambassador for the UNDP, observed the significant strides made by the country in achieving digital transformation in an event titled 'Innovate Together for #ZeroDigitalDivide'.The event was organised...
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