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Despite ban, cigarettes openly sold near schools

2024-02-08 00:00:00

The government must prioritise initiatives aimed at safeguarding the younger generation from the hazards of tobacco use. The High Court has mandated that cigarette vendors maintain a distance of at least 20 yards from educational institutions. However, there is a...

Plight of street children goes unnoticed

2024-02-08 00:00:00

Although various local and international organisations are vocal about the rights of the children, the plight of street children paints a starkly different reality. They face unimaginable hardship as they are denied basic necessities like food, shelter and education. The...

Will covert diplomacy help resolve Rohingya crisis?

Mir Mostafizur Rahaman | 2024-02-08 00:00:00

Instability never leaves Myanmar. Since its birth as an independent country, it has never been a stable democracy. The situation worsened when army started ruling the country. And right now, armed conflict is raging between the army government and pro-democratic...

Is population growth yesterday's problem?

Atiqul Kabir Tuhin | 2024-02-08 00:00:00

The over-population issue has been one of the most demanding and pressing concerns for a resource-constrained and geographically small Bangladesh since its birth in 1971. Since independence, successive governments have prioritised family planning programmes and achieved notable success. According to...

Revamping BRTC service

2024-02-08 00:00:00

The state-owned Bangladesh Road Transport Corporation (BRTC) is never found wanting in planning big. Once again it has unveiled its plan to improve its service by introducing compressed natural gas (CNG)-run air-conditioned (AC) buses followed by electric vehicles. The transport...

Feminist development policy for inclusive development

Matiur Rahman | 2024-02-08 00:00:00

In pursuing sustainable and inclusive development, Bangladesh stands at a crucial juncture where integrating feminist principles into development policies can catalyze transformative change. Feminist development policy represents a paradigm shift, advocating for gender equality, justice, and women empowerment as central...

e-GP: a major breakthrough in procurement reforms

Shafiul Alam | 2024-02-08 00:00:00

Built on the Digital Bangladesh vision, the implementation of electronic Government Procurement (e-GP) has marked a remarkable success. The e-GP system started its journey in Bangladesh with the Hon’ble Prime Minister inaugurating e-GP portal on June 2, 2011.Since 2012, the...

'Magnificent Seven' continued market dominance rests on sales growth, Goldman says

2024-02-07 00:00:00

NEW YORK, Feb 6 (Reuters): Strong sales growth will be the key to whether the "Magnificent Seven" group of US tech and growth stocks can continue outperforming following their explosive gains in 2023, Goldman Sachs equity strategists said.The Magnificent Seven-Apple,...

Beleaguered Chinese stocks surge on rescue efforts, Europe tags along

2024-02-07 00:00:00

SINGAPORE, Feb 6 (Reuters): World share indexes rose on Tuesday, boosted by a sharp rise in Chinese stocks as Beijing ramped up efforts to put a floor under its slumping market, while government bond yields in Europe and the US...

Inflation, US election to drive 2024 markets: JPMorgan trader survey

2024-02-07 00:00:00

Inflation and the US presidential election will be the biggest drivers of global markets this year, while liquidity challenges are a growing focus, according to traders surveyed by JPMorgan, reports Reuters.Some 27 per cent of traders see inflation as having...

Mercantile Bank organised a day-long training course titled 'Customer Service and Complaint Management'

2024-02-07 00:00:00

Mercantile Bank organised a day-long training course titled 'Customer Service and Complaint Management' at its training institute in the capital recently. Dr Tapash Chandra Paul, chief financial officer of the bank, inaugurated the training and conducted a session.

EBL ATMs to be set up at 16 metro rail stations

2024-02-07 00:00:00

Eastern Bank (EBL) will set up automated teller machines (ATMs) at all sixteen metro rail stations of MRT Line-6 from Diabari to Matijheel. In the presence of EBL Managing Director and CEO Ali Reza Iftekhar and Dhaka Mass Transit Company...

Commissioner of Customs House Dhaka AKM Nurul Huda Azad called on Biman Bangladesh Airlines Managing Director

2024-02-07 00:00:00

Commissioner of Customs House Dhaka AKM Nurul Huda Azad called on Biman Bangladesh Airlines Managing Director and CEO Shafiul Azim at Biman's head office in the city on Monday. The discussed the issue of cargo management at Hazrat Shahjalal International...

Secretary of the Financial Institutions Division, Sheikh Mohammad Salim Ullah

2024-02-07 00:00:00

Secretary of the Financial Institutions Division, Sheikh Mohammad Salim Ullah, Chairman of the Board of Directors of Ansar-VDP Unnayan Bank and Director General of Bangladesh Ansar and Village Defence Party Major General AKM Aminul Haque and Managing Director of the...

Fantasy Kingdom offers picnic packages

2024-02-07 00:00:00

Fantasy Kingdom, the pioneering entertainment destination, has announced its personalised picnic packages, allowing visitors to tailor their park experience to perfection. With a wide range of thrilling rides, a water park, a heritage corner, go-karting, and customizable picnic packages, Fantasy...

Walton awards 381 employees

2024-02-07 00:00:00

Electronics giant Walton Hi-Tech Industries PLC. has honoured a total of 381 officials and sales executives with 'Best Employee Award' for their outstanding performance to boost the company's sales during the months of December 2023 and January 2024, press release.The...

Tasty Treat, Mithai, Fry Bucket offer special foods at DITF

2024-02-07 00:00:00

Tasty Treat, Mithai and Fry Bucket, the popular retail food chain of PRAN Group, are offering a diverse range of ready-to-eat food items with affordable prices at the 28th Dhaka International Trade Fair (DITF) in Purbachal,says a statement. Tasty Treat...

Jiban Bima stops offering personal pension policy for lack of profitability

2024-02-07 00:00:00

The personal pension policy, once a popular insurance scheme offered by the state-owned Jiban Bima Corporation, has been scrapped for not being sufficiently profitable. The corporation issued a circular on Dec 1 last year halting further sales of the policy...

International tourism fair starts tomorrow

2024-02-07 00:00:00

A three-day international tourism fair styled 'Biman-Dhaka Travel Mart 2024' will begin at the Pan Pacific Sonargaon Hotel Dhaka on Thursday (tomorrow).The Bangladesh Monitor, a travel and tourism publication, organised the fair with the support of Biman Bangladesh Airlines as...

Regulator orders inquiry into Khulna Printing

FE REPORT | 2024-02-07 00:00:00

The stock market watchdog has ordered the Dhaka Stock Exchange (DSE) to look into the unusual price movement of Khulna Printing & Packaging Limited on the bourse.The company, which once manufactured packaging items, such as cartons and poly sheet bags,...

92pc of registered companies did not file tax returns: NBR

2024-02-07 00:00:00

The number of (Tax Identification Number) TIN holders in the country is increasing, but the return submission has not increased proportionately, said the National Board of Revenue (NBR), reports UNB.According to NBR, at the end of the deadline for returns...

GP to share smaller profit pie with investors, after high spending on dispute resolutions

BABUL BARMAN | 2024-02-07 00:00:00

Despite a 10 per cent profit increase year-on-year to Tk 33.06 billion in 2023, Grameenphone's dividend payout ratio for the year will be the lowest in four years.One factor that stands out as the primary reason is a spending of...

GP, Robi, BAT to have floor until record date

FE REPORT | 2024-02-07 00:00:00

Floor price of the largest listed company Grameenphone will be withdrawn on March 3, 19 months after the imposition of the price restriction.The floor price of another two market leaders -- British American Tobacco Company Bangladesh (BATBC) and Robi Axiata...

Rupali Bank distributes blankets in Chandpur

2024-02-07 00:00:00

Rupali Bank PLC Deputy Managing Director Tahmina Akhter distributed blankets among cold-stricken patients at Faridganj Upazila Health Complex (Chatura Hospital) in Chandpur on recently. Residential Medical Officer of the hospital Dr Mozammel Hossain, Medical Officer (Disease Control) Dr Maksudul Hasan...

Sonali Bank renovates its custom house branch

2024-02-07 00:00:00

Sonali Bank PLC transformed its Customs House branch in Dhaka into Model branch after renovation. Managing Director and CEO of the bank Md Afzal Karim inaugurated the newly renovated branch as the chief guest on Sunday while Commissioner of customs,...

Shahjalal Islami Bank signs agreement with Air Astra

2024-02-07 00:00:00

Shahjalal Islami Bank PLC signed an agreement with Astra Airways Limited (Air Astra) at the bank's corporate head office on Tuesday. In the presence of Mosleh Uddin Ahmed, Managing Director & CEO of the bank, Md Riad Hossain, SAVP &...

Steel producers seek bond facility

FE REPORT | 2024-02-07 00:00:00

Domestic steel makers have sought bond facility like the RMG sector with an eye to expanding export earnings, investment and production in the sector, industry insiders said.Backward- and forward-linkage industries like engineering materials, iron and steel products, furniture, chemical products,...

KBCCI holds 'Meet the Delegates'

2024-02-07 00:00:00

Korea-Bangladesh Chamber of Commerce and Industry (KBCCI) organised the "Meet The Delegates" event at a city hotel recently. The event aimed to create different business opportunities for the members of KBCCI as well as for other prominent business individuals from...

Anil Kejriwal new CFO of StanChart Bangladesh

2024-02-07 00:00:00

Standard Chartered Bangladesh has appointed Anil Kejriwal as Chief Financial Officer. Anil will also join Standard Chartered Bangladesh's Country Management Team. He will continue on in his role as Global Head of New Financial Reporting for the bank, says a...

BD-Denmark jt venture co launches juice plant

FE REPORT | 2024-02-07 00:00:00

ACI CO-RO Bangladesh, a Bangladesh-Denmark joint venture company, on Tuesday launched its juice processing plant aiming to cater to the growing demand for beverage products in the country.The plant, located in Araihazar upazila of Narayanganj, will produce different types of...