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179 Myanmar border guards take shelter in Bangladesh

2024-03-13 00:00:00

COX'S BAZAR, Mar 12 (UNB): Amidst the conflict over control of the border in Myanmar's Rakhine State, 179 armed members of the Border Guard Police (BGP), Myanmar's equivalent of the BGB, took refuge in Bangladesh with their lives at stake...

Bangabandhu's visionary leadership ensured quick withdrawal of Indian troops, says Asaduzzaman

2024-03-13 00:00:00

Home Minister Asaduzzaman Khan Kamal on Tuesday said withdrawal of the Indian army from the soil of independent Bangladesh within shortest time was possible because of Father of the Nation Bangabandhu Sheikh Mujibur Rahman's foresighted leadership, towering personality and deep...

Stern action to be taken against extortionists: IGP

2024-03-13 00:00:00

Inspector General of Police (IGP) Chowdhury Abdullah Al-Mamun on Tuesday said that stern action would be taken against all forms of extortion during the Eid, reports BSS."We will not tolerate any sort of extortion in any sector including the transport...

US values its ties with BD, India

2024-03-13 00:00:00

The United States has said they value their relationship with both Bangladesh and India and they will continue to work together on the shared interests, reports UNB. "We value our relationship with both Bangladesh and India. We will continue to...

BNP stands against religious sentiment throwing prog in Ramadan: Quader

2024-03-13 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Tuesday said BNP has taken stance against the people's religious sentiment and values by declaring to continue programme during the month of Ramadan, reports BSS."Ramadan is a...

Stable rupee boosts foreign fund managers' appetite for Indian government debt

2024-03-13 00:00:00

MUMBAI, March 12 (Reuters): India's stable exchange rate has been a key factor boosting foreign flows into its government bond market, and such investments are expected to persist as the South Asian country's debt gets added to global indexes.Foreign portfolio...

Most Asian markets push higher as US inflation data looms

2024-03-13 00:00:00

HONG KONG, March 12 (AFP): Asian markets mostly rose Tuesday following the previous day's sell-off, with focus on the release of US inflation data that could play a key role in the Federal Reserve's decision-making on cutting interest rates.The broadly...

BOJ to offer guidance on bond buying pace upon ending YCC

2024-03-13 00:00:00

TOKYO, March 12 (Reuters): The Bank of Japan will likely offer numerical guidance on how much government bonds it will buy upon ending negative interest rates and yield curve control (YCC), to avoid causing market disruptions, said four sources familiar...

European shares rise on earnings support; US inflation data in focus

2024-03-13 00:00:00

European shares moved higher on Tuesday, bolstered by upbeat corporate updates and strength in miners, while investors awaited key US inflation data for clues on the interest rate cut trajectory, reports Reuters.The pan-European STOXX 600, opens new tab was up...

Volkswagen Group China plans to boost investment in majority-controlled JV

2024-03-13 00:00:00

BEIJING, March 12 (Reuters): Volkswagen Group China plans to boost investment in its only majority-controlled joint venture, according to a Tuesday stock filing by its Chinese partner, as the German automaker expands its business in the world's largest auto market.Anhui...

France plans new measures to lure private equity, bankers to Paris

2024-03-13 00:00:00

PARIS, Mar 12 (Reuters): France wants to make it easier for private equity funds to invest in listed companies and less costly for finance firms to let go of traders, part of a new push to make Paris more appealing...

BREB CELEBRATES INT'L WOMEN'S DAY

2024-03-13 00:00:00

Bangladesh Rural Electrification Board (BREB) celebrated the International Women's Day recently. On the occasion, WePOWER committee of the BREB organised a workshop, with BREB member (admin) Md Hasan Maruf in the chair. BREB Chairman Ajay Kumar Chakrabarty was present as...

JANATA BANK CELEBRATES INT'L WOMEN'S DAY

2024-03-13 00:00:00

Janata Bank PLC celebrated the International Women's Day with a cake-cutting ceremony at its head office in Dhaka recently. The bank's MD & CEO Md Abdul Jabbar along with women employees cuts a cake. DMDs of the bank Golam Mortuza...

NEW OUTLET OF 'PURO PASTRY & BAKERY'

2024-03-13 00:00:00

Puro Foods Ltd has opened a new outlet of 'Puro Pastry & Bakery' at Landmark Shopping Centre, Gulshan-2, in Dhaka on Sunday. Managing Director of Puro Foods Momin Ud Dowlah was present as the chief guest at the inaugural ceremony....

ORIENTATION PROGRAMME ON BAPA FUNCTIONS

2024-03-13 00:00:00

Bangladesh Public Procurement Authority (BPPA), formerly CPTU, held an orientation programme on Monday for the prime stakeholders on the establishment of BPPA and its functions. Abul Kashem Md. Mohiuddin, Secretary, Implementation Monitoring and Evaluation Division under the Ministry of Planning,...

National Bank, Mastercard launch Prepaid Umrah Card

2024-03-13 00:00:00

National Bank Limited (NBL) and Mastercard launched the country's first Multi-Currency Prepaid Umrah Card in Bangladesh at a hotel in Dhaka recently. Chairman of the bank Syed Ferhat Anwar unveiled the card. The bank's EC Committee Chairman and Director Parveen...

Dhaka Bank signs participation agreements with BB

2024-03-13 00:00:00

Dhaka Bank has signed two participation agreements with the Bangladesh Bank (BB). These agreements will provide credit guarantees for women entrepreneurs under a Tk 30 billion refinance scheme and for the agro-product processing sector under a Tk 14 billion refinance...

Modhumoti Bank signs participation agreement with BB

2024-03-13 00:00:00

Modhumoti Bank recently signed a participation agreement with the Bangladesh Bank (BB) for a credit guarantee facility. This facility will support women entrepreneurs in small enterprises and the agro-processing industry under a central bank refinance scheme. The signing ceremony was...

Sonargaon Hotel's arrangement for Ramadan

2024-03-13 00:00:00

To commemorate the holy month of Ramadan, the Pan Pacific Sonargaon Hotel has been decorated in gorgeous way, with Islami Bank Bangladesh Limited standing as the Exclusive Brand Partner, says a statement. This year, maintaining the proper tradition, culture and...

Omera hosts LPG safety training

2024-03-13 00:00:00

Omera Petroleum Limited organised a comprehensive LPG safety training session for hotels, restaurants, cafes and corporate clients at its head office in Dhaka on Sunday. The training programme was aimed at educating participants on the safe usage and storage of...

CSE blue-chip, Shariah index reviewed

FE REPORT | 2024-03-13 00:00:00

The blue-chip index and Shariah index of the Chittagong Stock Exchange (CSE) were revised on Tuesday.The CSE 30 Index has been revised on the basis of the performance of the companies listed on the bourse. The new index will be...

Sponsor of Runner Automobiles to sell 0.12m shares

FE REPORT | 2024-03-13 00:00:00

One of the founders of Runner Automobile has decided to sell 4.76 per cent of his holdings, bringing his stake down to 2.11 per cent in the company. Mohammad Ali Deen, who has 2.52 million shares of Runner Automobiles, disclosed...

Market's weaknesses, regulatory conflict cut short post floor momentum

MOHAMMAD MUFAZZAL | 2024-03-13 00:00:00

Tension has been heightened among investors as they saw one after another an operational failure wiping out most of the prime index and a conflict between two regulatory bodies over the Ramadan trade schedule. That made a huge impact on...

Is cycling your solution to traffic jams?

RASSIQ AZIZ KABIR | 2024-03-13 00:00:00

Megacity Dhaka is the seventh most populous city in the world and the slowest city in terms of average vehicle speed. To make life a bit faster here, you might need to find an analogue solution: bicycle. Using cycles in...

Beat the rush by shopping early for Eid

TAHSEEN NOWER PRACHI | 2024-03-13 00:00:00

The holy month of Ramadan has just started, and before long, Eid will be celebrated. The biggest religious festival for Muslim Ummah is an auspicious day and a day of sharing happiness with loved ones. Eid offers us the time...

Becoming a people-pleaser lest they say something!

Mehenaz Sultana Tisha | 2024-03-13 00:00:00

Kamini Roy's poem "Pachhe Loke Kichhu Bole" (Lest they say something) might be written with female oppression as a theme; however, in this age of curated lifestyles, everyone can relate to those carefully crafted words. We constantly feel that the...

Ford to pay $365m in US import tariff evasion case

2024-03-13 00:00:00

WASHINGTON, Mar 12 (Reuters): Ford Motor will pay $365 million to resolve US allegations it violated a federal tariff law by misclassifying and understating the value of hundreds of thousands of its Transit Connect vehicles.The Justice Department said the settlement...

Dhaka Regency Hotel offers discounts in Ramadan

2024-03-13 00:00:00

Dhaka Regency Hotel & Resort has offered special discounts on every service in the month of Ramadan, says a press release. The hotel also invites guests to join in for an exquisite Buffet Iftar + Dinner, featuring a diverse selection...

Daraz unveils Grand Eid Fest

2024-03-13 00:00:00

Daraz Bangladesh has come up with much-anticipated 3.3-4.4 Grand Eid Fest that began on March 10 and will continue up to April 4, says a press release. Under the tagline 'Bhalobasha Pouche Jai Daraz Theke Dorjai', the Grand Eid Fest...

Bengal Commercial Bank celebrates third anniversary

2024-03-13 00:00:00

Bengal Commercial Bank celebrated its third anniversary with a cake-cutting ceremony at its head office in Dhaka on Sunday. Chairman of the bank and President of SAARC Chamber of Commerce & Industry Md Jashim Uddin and the chairman of Bengal...