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11 organisations to receive awards

FE REPORT | 2024-02-27 00:00:00

The government will honour 10 trade organisations in the textile sector and an institution for their outstanding contribution to the growth of the country's textile sector on the occasion of the National Textile Day today (Tuesday).Textiles and Jute Minister Jahangir...

Mobile internet subscribers drop in Jan

FE REPORT | 2024-02-27 00:00:00

The mobile operators in the country witnessed a decline in January of over two million mobile internet users, as per the latest report from the Bangladesh Telecommunication Regulatory Commission (BTRC).According to BTRC data, the count of mobile internet subscribers decreased...

Priority to ‘LEED-certified RMG units ensures flow of work orders’

FE REPORT | 2024-02-27 00:00:00

Global apparel buyers give priority to the environment-friendly LEED-certified green factories that also ensures smooth flow of work orders throughout the year. "And flow of such all the year round work orders is more important than price as it offers...

Christian Dior postpones Hong Kong show

2024-02-27 00:00:00

HONG KONG, Feb 26 (Reuters): French fashion label Christian Dior has postponed its planned mega fashion show in Hong Kong due to be held in March, the government said on Monday, without giving a reason for the decision.The event was...

Japan's Kobe Steel eyes auto panel JV with Chinese firm

2024-02-27 00:00:00

TOKYO, Feb 26 (Reuters): Kobe Steel, Japan's third-biggest steelmaker, said it aimed to expand its automotive aluminium panel business in China through a joint venture with China Baowu Steel Group as a shift to electric vehicles drives demand for new...

Top global energy traders face multi-billion cash quandary

2024-02-27 00:00:00

LONDON, Feb 26 (Reuters): As the world's top global energy trading houses prepare for their biggest annual industry get-together this week in London they face a growing problem, what to do with their cash.Most trading houses, which are privately owned...

Alliance Finance's donation to BRAC University

2024-02-27 00:00:00

As part of its Corporate Social Responsibility (CSR), Alliance Finance PLC (AFPLC) made a donation to the Centre for Climate Change and Environmental Research (C3ER) of BRAC University to enhance the capacity-building of students in climate change adaptation and mitigation...

Expressions Ltd. marks 31st anniversary

2024-02-27 00:00:00

Expressions Limited, one of the leading advertising agencies in Bangladesh, celebrated its 31st anniversary by organising a trip to Nepal for all members of the organisation. The team left for Kathmandu on February 21 and returned on February 24. Syed...

IPDC Finance opens branch in Barishal

2024-02-27 00:00:00

IPDC Finance inaugurated a branch in Barishal on Sunday. Ariful Islam, Chairman, and Rizwan Dawood Shams, Acting Managing Director and CEO of IPDC Finance, Dr A S Quayum Uddin Ahmed, Acting Principal, Govt. BM College, Nazmul Nahar Rina, Director, Barishal...

Square Toiletries Holds Annual Sales Conference

2024-02-27 00:00:00

The annual sales conference of Square Toiletries Limited was held at a hotel in Cox's Bazar on Sunday. The conference was attended by almost 1500 members of the Square Toiletries team, led by Mr. Anjan Chowdhury, Managing Director of Square...

KBC of ICMAB Holds Fellowship Night

2024-02-27 00:00:00

The Khulna Branch Council (KBC) of ICMAB organised the Fellowship Night-2024 at a hotel in Khulna recently. President of ICMAB & Chairman of Bangladesh House Building Finance Corporation (BHBFC) Dr. Md Salim Uddin FCMA was present as the chief guest....

A day-long skill development training programme for agricultural entrepreneurs from 8 upazilas of Chandpur district

2024-02-27 00:00:00

A day-long skill development training programme for agricultural entrepreneurs from 8 upazilas of Chandpur district was conducted at Puran Bazar Degree College Auditorium in Chandpur. The programme was organised under the agricultural support scheme of United Commercial Bank (UCB), titled...

'IFIC largest banking network business conference'

2024-02-27 00:00:00

IFIC Bank organised a day-long programme titled 'IFIC largest banking network business conference' with the bank employees from Dhaka, Narayanganj and Narshingdi at a conference hall in Dhaka on Saturday. Managing Director & CEO of IFIC Bank Shah Alam Sarwar...

NCC Bank launched corporate internet banking services

2024-02-27 00:00:00

NCC Bank has launched corporate internet banking services 'NCC ICON (Interoperable Corporate Online Network)' recently. Chairman of the bank Md. Abul Bashar, Vice-Chairman Sohela Hossain, Past Chairman & Chairman of the Risk Management Committee Md. Nurun Newaz, Past Chairman &...

Detos Go-Kart Challenge sets the track ablaze with thrilling action

2024-02-27 00:00:00

In a showdown of speed and skill, Detos Go-Kart Challenge 2024 took place at Xtreme Racing Bangladesh recently. Amidst the roar of engines and the scent of burning rubber, participants from different universities and localities gathered to compete in one...

NRB Bank's debut trading today

FE REPORT | 2024-02-27 00:00:00

NRB Bank will make its share trading debut on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) today (Tuesday) under the 'N' category.The fourth-generation private commercial bank will be the 36th listed bank on the Dhaka bourse....

Burnt with high tax, mobile operators become unable to pay good dividends: Robi chief

ISMAIL HOSSAIN | 2024-02-27 00:00:00

Telecommunication industry is highly capital intensive, on top of which huge tax burden remains a barrier to ensuring a good return to shareholders, said the head of Robi Axiata. In an interview with The FE, Robi Chief Executive Officer Rajeev...

Ring Shine's ownership transfer fails

BABUL BARMAN | 2024-02-27 00:00:00

The troubled Ring Shine Textiles has finally scrapped the share purchase agreement (SPA) with Wise Star Textile Mills and five other Singapore-based firms, citing their failure to fulfill the terms of conditions.It recently sent a letter, notifying the managing director...

Aluminium hits one-month low

2024-02-27 00:00:00

LONDON, Feb 26 (Reuters): Aluminium prices hit a one-month low on Monday after inventories in Shanghai jumped and the United States did not impose sanctions on Russian metal.Benchmark aluminium on the London Metal Exchange rose 0.3 per cent to $8,495...

Dry, hot weather worries Ivory Coast cocoa farmers

2024-02-27 00:00:00

ABIDJAN, Feb 26 (Reuters): Dry weather and high temperatures continued last week in most of Ivory Coast's cocoa-growing regions, raising concerns for the size and quality of the April-to-September mid-crop, farmers said on Monday. Ivory Coast, the world's top cocoa...

Gold trips as mkts scale back US rate cut bets

2024-02-27 00:00:00

Gold slipped on Monday as markets pared back expectations of the Federal Reserve's easing cycle and cautiously awaited a key inflation reading this week, which is likely to provide an updated view on the timing of interest rate cuts, reports...

Corn, wheat, soy fall as focus returns to big supplies

2024-02-27 00:00:00

HAMBURG, Feb 26 (Reuters): Chicago corn, wheat and soybeans fell on Monday, giving up early gains as focus returned to large world supplies and expectations of bumper South American harvests which last week pushed corn to its lowest in around...

Oil extends losses on cautious interest rate outlook

2024-02-27 00:00:00

LONDON, Feb 26 (Reuters): Oil prices fell on Monday, extending losses on market views that higher than expected inflation could delay cuts to high interest rates that have been capping growth in global fuel demand.Brent crude futures fell 46 cents,...

Messi scores stunning equaliser for Miami

2024-02-27 00:00:00

CARSON, Calif., Feb 27 (AP): Anyone who thought Lionel Messi and Inter Miami would steamroll over the rest of Major League Soccer this year has already been proven wrong by the upstart LA Galaxy.Messi was still brilliant enough to keep...

Mbappe will play 'when I want him',

2024-02-27 00:00:00

PARIS, Feb 26 (AFP): After taking off Kylian Mbappe as Paris Saint-Germain struggled to a home draw with Rennes on Sunday, coach Luis Enrique said the soon-to-leave superstar will play "when I want him".Luis Enrique took off France captain Mbappe...

Smart Bangladesh Run 2024

2024-02-27 00:00:00

Additional Managing Director & Chief Business Officer (CBO) of Mutual Trust Bank PLC (MTB) Md. Khalid Mahmood Khan, Head of Digital Banking Division of MTB Khalid Hossin receiving a crest of honor from Minister of State for Ministry of Posts,...

'EBL 32nd Amateur Golf Chamionship 2024'

2024-02-27 00:00:00

Vice President of Bhatiyary Golf and Country Club (BGCC) Brig. Gen. Rezaul Karim, ndc, psc, Director of Eastern Bank PLC (EBL) Mufakkharul Islam Khasru and Additional Managing Director of EBL Ahmed Shaheen inaugurating a two-day golf tournament titled as 'EBL...

India hold off England fightback to win Test series

2024-02-27 00:00:00

RANCHI, India, Feb 26 (AFP): Shubman Gill and Dhruv Jurel guided India to a series-clinching five-wicket win over England on day four of the fourth Test on Monday.Chasing 192 for victory, India slipped to 120-5 but Gill (52) and Jurel...

Dhaka Wanderers Club, PWD SC wins

2024-02-27 00:00:00

Dhaka Wanderers Club and PWD Sporting Club --won their respective matches in the eight-team Bangladesh Championship League (BCL) Football' 2023-24 at Bir Shrestha Shaheed Shipahi Mustofa Kamal Stadium at Kamalapur in city on Monday, reports UNB.Dhaka Wanderers Club outplayed Fakirerpool...

Barishal eliminate Chattogram to keep BPL final hopes alive

2024-02-27 00:00:00

Fortune Barishal delivered a dominant performance against the Chattogram Challengers in the Bangladesh Premier League (BPL) Eliminator on Monday, securing a place in the second Qualifier, reports UNB.They will now face the winner of the first Qualifier between Rangpur Riders...