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AL weaponising CSA to humiliate opposition, alleges Rizvi

2024-03-11 00:00:00

Bangladesh Nationalist Party (BNP) Senior Joint Secretary General Ruhul Kabir Rizvi on Sunday alleged that the Awami League government is using the Cyber Security Act (CSA) as a tool to suppress the opposition's leaders and activists, reports UNB.He made the...

BNP gets isolated from people in politics, says Quader

2024-03-11 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Sunday said BNP has become isolated from people in politics after failing to realise the public mindset, reports BSS."It has been proved in Bangladesh's politics that the...

China's lithium market set for long-term uptrend

2024-03-11 00:00:00

BEIJING, Mar 10 (Reuters): China's lithium industry would benefit from a stabilisation of prices of the battery metal, which is set for a long-term uptrend, said the chairman of Ganfeng Lithium, a major Chinese supplier of the battery metal.Lithium demand...

Aramco sees China oil demand growing, eyes more investments

2024-03-11 00:00:00

DUBAI, Mar 10 (Reuters): Saudi Aramco Chief Executive Amin Nasser said on Sunday the oil giant was looking at further opportunities to invest in China, where he said oil demand was robust and growing.State-owned Aramco has been ramping up its...

Apple retreats in Epic feud, allows Fortnite return in EU

2024-03-11 00:00:00

WASHINGTON, Mar 10 (Reuters): Under pressure from European regulators, Apple took a step back in its feud with Epic Games on Friday, clearing the way for Epic to put its own game store on iPhones and iPads in Europe.Earlier this...

US drillers cut oil and gas rigs for first time in three weeks

2024-03-11 00:00:00

US energy firms last week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday, reports Reuters.The oil and gas...

Thai food goes halal as Bangkok looks to attract more Muslim tourists

2024-03-11 00:00:00

BANGKOK, Mar 10 (Arab News): Thailand's aromatic, spicy cuisine has long been a huge draw for visitors. Now, the country is focusing on creating halal versions of popular dishes to attract more tourists from the Muslim world.Since predominantly Buddhist Thailand...

US bank profits drop 44pc in Q4 as big firms cover failed bank costs

2024-03-11 00:00:00

WASHINGTON, Mar 10 (Reuters): The US banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms began paying hefty fees to help recoup costs incurred by several bank failures last spring, the...

MIDLAND BANK CELEBRATES INT'L WOMEN'S DAY

2024-03-11 00:00:00

Midland Bank celebrated the International Women's Day 2024. On the occasion, a get-together was held on Saturday at the Board Room of the bank's Head Office at Gulshan in Dhaka. MD & CEO of the bank Md Ahsan-uz Zaman was...

ISLAMI BANK-WESTERN UNION SPECIAL REMITTANCE CAMPAIGN ENDS

2024-03-11 00:00:00

The prize distribution and closing ceremony of Islami Bank-Western Union Special Remittance Campaign was held at a city hotel on Saturday. Mohammed Monirul Moula, Managing Director and CEO of the bank, addressed the programme as the chief guest. Prem Sugunesh,...

SOCIAL ISLAMI BANK SIGNS MOU WITH BKASH

2024-03-11 00:00:00

A memorandum of understanding was signed between Social Islami Bank and bKash regarding linked account service. Zafar Alam, Managing Director & CEO of the bank, was present as the chief guest at the signing ceremony held at the bank's head...

Spot LNG prices inch up on Chinese demand

2024-03-11 00:00:00

LONDON, Mar 10 (Reuters): Asian spot liquefied natural gas (LNG) prices inched up last week as temperatures below seasonal normal levels in China pushed buyers back into the market, especially as prices had recently fallen below that of some oil-linked...

BSTI steps up efforts to ensure product quality and fair price

FE REPORT | 2024-03-11 00:00:00

The Bangladesh Standards and Testing Institution (BSTI) is going to conduct drives in the holy month of Ramadan, aiming at ensuring the quality of products and checking price manipulation.Industries Minister Nurul Majid Mahmud Humayun made the announcement at a press...

FBCCI calls for price stability, smooth supply in Ramadan

FE REPORT | 2024-03-11 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged traders on Sunday to keep prices of essential commodities stable and maintain a smooth supply chain during Ramadan, the month of fasting for the Muslim.The apex trade body made...

Aramco hikes dividend 30pc to $98b despite drop in profit

2024-03-11 00:00:00

DUBAI, March 10 (Reuters): Saudi Arabia's state-owned oil giant Aramco, opens new tab boosted its dividend despite net profit falling 24.7 per cent to $121.3 billion in 2023 on lower oil prices and volumes, showing the state's continued reliance on...

As Wall Street titans gather, finance museum searches for a home

2024-03-11 00:00:00

NEW YORK, March 10 (Reuters): Financial industry heavyweights convened in New York last week to raise funds for a finance museum that has lost its iconic Wall Street address.At the Museum of American Finance gala, billionaire Ken Griffin welcomed attendees...

US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes

2024-03-11 00:00:00

US bond funds racked up large inflows in the seven days to March 6 as weaker manufacturing data and dovish comments from Federal Reserve officials raised expectations for interest rate cuts later this year, reports Reuters.According to data from the...

Asian stocks draw massive foreign funds on China's reforms, AI surge -

2024-03-11 00:00:00

Foreign investors poured substantial money into Asian equities in February amid a rebound in Chinese stocks following Beijing's rollout of reform measures and a surge in technology shares, driven by the artificial intelligence (AI) boom, reports Reuters.Data from stock exchanges...

US small businesses struggle for credit, one year after regional turmoil

2024-03-11 00:00:00

NEW YORK, Mar 10 (Reuters): Small business owners in the US are struggling to get financing from traditional lenders as the impact of higher rates and bank failures of a year ago linger, holding back business growth for some.The difficulty...

India signs trade deal with 4 European nations for $100b investment

2024-03-11 00:00:00

NEW DELHI, Mar 10 (AP): India signed a trade agreement with Iceland, Liechtenstein, Norway and Switzerland on Sunday that includes a commitment of $100 billion investment and creating 1 million direct jobs in India in the next 15 years, officials...

IPDC Finance participates at 'Inspire Her Wellness' Festival

2024-03-11 00:00:00

IPDC Finance participated in the 'Inspire Her Wellness' festival organised by Dhaka Flow at Baridhara Lakeside RAJUK Park on Saturday. This event, commemorating International Women's Day, aimed to inspire, educate, and celebrate the essence of womanhood. IPDC showcased its commitment...

ICB AMCL celebrates Int’l Women's Day

2024-03-11 00:00:00

ICB Asset Management Company Ltd celebrated the International Women's Day with a cake-cutting ceremony at its office in Dhaka recently. The company's Managing Director's spouse Ferdousi Begum, CEO Mahmuda Akhter, ISTCL's CEO Md Mafizur Rahman, and ICML's CEO Majeda Khatun...

ICB celebrates International Women’s Day

2024-03-11 00:00:00

A special event was organised by Investment Corporation Bangladesh (ICB) at its head office in the city recently on the occasion of the International Women’s Day-2024. Managing Director of ICB Md Abul Hossain, Chief Executive Officers of the subsidiaries of...

Rupali Bank celebrates Int’l Women's Day

2024-03-11 00:00:00

Rupali Bank PLC celebrated the International Women's Day with various programmes, including a cultural show, at its head office in Dhaka on Sunday. Chairman of the bank Kazi Sanaul Haque and Managing Director and CEO Mohammad Jahangir inaugurated the programme...

Sonali Bank celebrates Int’l Women’s Day

2024-03-11 00:00:00

Sonali Bank PLC celebrated International Women's Day at its head office in the city on Sunday. CEO and Managing Director of the bank Md Afzal Karim attended the programme as the chief guest. All women executives and employees of the...

Karmasangsthan Bank holds Business Review Meeting -

2024-03-11 00:00:00

A Business Review Meeting-2024 of Karmasangsthan Bank was held at the Training Academy in Mymensingh on Sunday. Managing Director (Additional Charge) Meher Sultana was present as the chief guest in the meeting while DGM of Dhaka Divisional Office Md Mukhleshur...

BWDB Director General paid tribute to Bangabandhu

2024-03-11 00:00:00

The newly appointed Director General of Bangladesh Water Development Board (BWDB), Muhammad Amirul Haque Bhuiyan, paid rich tribute to Father of the Nation Bangabandhu Sheikh Mujibur Rahman. He placed a wreath at the grave of Bangabandhu at Tungipara in Gopalganj...

BKB marks Historic 7th March

2024-03-11 00:00:00

Bangladesh Krishi Bank (BKB) commemorated the Historic 7th March by paying heartfelt tributes to the Father of the Nation Bangabandhu Sheikh Mujibur Rahman. BKB Chairman Md Nasiruzzaman and Managing Director Md Shawkat Ali placed a wreath at the portrait of...

Janata Exchange Company holds AGM

2024-03-11 00:00:00

An annual general meeting (AGM) of Janata Exchange Company Srl, a subsidiary of Janata Bank PLC, was held in Italy recently. Chairman of the bank Md Abdul Jabbar was present in the meeting. Members of the board of Janata Exchange...

Upay hosts freelancer meetup

2024-03-11 00:00:00

Mobile financial service provider upay recently hosted a meetup for local freelancers and industry experts to explore the sector's potential and to support freelancers in overcoming the challenges. The meetup, held at the United Commercial Bank (UCB) head office in...