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Exim Bank signed a participation agreement with Bangladesh Bank

2024-01-25 00:00:00

Exim Bank signed a participation agreement with the Bangladesh Bank on Wednesday at the BB head office, to provide investment support to environment-friendly projects through a refinancing scheme of the Bangladesh Bank of Tk 4 billion. Managing Director and CEO...

City Bank received approval from Bangladesh Bank to start Bancassurance business with Guardian Life Insurance

2024-01-25 00:00:00

City Bank has received approval from the Bangladesh Bank on Wednesday to start Bancassurance business with Guardian Life Insurance Ltd. Mohammad Shahriar Siddiqui, director, Banking Regulation and Policy Department (BRPD) of Bangladesh Bank, handed over the approval document to Sheikh...

EBL launched Smart Interactive Voice Response service

2024-01-25 00:00:00

Ali Reza Iftekhar, managing director and CEO of Eastern Bank (EBL) launched the Smart Interactive Voice Response (Smart IVR) service at ZN Tower in the city's Gulshan area on Wednesday. Smart IVR is a platform that will enable customers to...

JMI Hospital to operate Apollo Clinic in Dhaka

FE REPORT | 2024-01-25 00:00:00

JMI Hospital Requisite Manufacturing has forged a partnership with India's renowned hospital chain brand Apollo for ensuring access to world-class treatment for patients in Bangladesh. JMI Group will establish and operate Apollo Clinic in Dhaka. A licence agreement has been...

Dr Salim new president of ICMAB

2024-01-25 00:00:00

Prof Dr Md Salim Uddin, chairman of Bangladesh House Building Finance Corporation (BHBFC), was elected the president of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) for 2024 on Sunday, says a statement.Besides, Mahtab Uddin Ahmed and Akhtaruzzaman...

Prime Minister Sheikh Hasina visited the premier pavilion of Minister Hi Tech Park Electronics

2024-01-25 00:00:00

Prime Minister Sheikh Hasina visited the premier pavilion of Minister Hi Tech Park Electronics Limited after inaugurating the 28th Dhaka International Trade Fair 2024 at Bangabandhu Bangladesh-China Friendship Exhibition Centre at Purbachal on Sunday. MA Razzaq Khan Raj, Chairman of...

Runner to cut loan burden to make its revamp plan a success

MOHAMMAD MUFAZZAL | 2024-01-25 00:00:00

Runner Automobiles has planned to cut down its short- and long-term loan burden by expanding its equity and focus on manufacturing electric vehicles to turn the losing concern into a profit-making business. Chairman of Runner Group Hafizur Rahman Khan revealed...

Eastern Housing's profit declines marginally amid flat sales plunge

FE REPORT | 2024-01-25 00:00:00

Eastern Housing's profit dropped slightly to Tk 194 million in the October-December quarter of FY24, as apartment sales fell sharply amid rising costs of building materials.The lone listed realtor's apartment sales dropped 62 per cent year-on-year to Tk 31 million...

Man sentenced to life in jail for raping girl in Natore

2024-01-25 00:00:00

NATORE, Jan 24 (BSS): A court has sentenced a man to life-term imprisonment for raping a a young girl after abduction in Bagatipara upazila of the district in 2010.The convict is Dulal Das (36), hailing from Chimnapur villege in the...

Four to die for killing autorickshaw puller

2024-01-25 00:00:00

A Munshiganj court has sentenced four people to death for murdering an autorickshaw driver in 2020, reports bdnews24.com.Additional District and Sessions Judge Yasmin Akhter Urmi delivered the verdict on Wednesday. She also imposed a fine of Tk 50,000 on each...

‘634 people held for robbery in 2023’

2024-01-25 00:00:00

Rapid Action Battalion (RAB) arrested 634 people for their alleged involvement in robbery by conducting raids across the country including Dhaka in 2023, reports UNB. Besides, the elite force members detained a total of 3,166 robbers by conducting regular operations...

Two UPDF men shot dead in Khagrachhari -

2024-01-25 00:00:00

Two members of United People's Democratic Front (UPDF) have allegedly been shot dead in Khagrachhari's Mohalchari upazila, reports bdnews24.com.One other member of the group went missing after the shooting that took place in the upazila's Durchhari village around 6:30 am...

NESCO staff formed a human chain

2024-01-25 00:00:00

Northern Electricity Supply Company Limited (NESCO) staff formed a human chain in front of the head office of the state-owned company in Rajshahi on Wednesday, demanding 5.0 per cent incentives declared by the Prime Minister — FE photo

Dhaka-Tangail highway sees 14 km tailback

2024-01-25 00:00:00

A combination of dense fog and the breakdown of two trucks on the Bangabandhu Bridge has triggered a lengthy tailback on the Dhaka-Tangail highway, reports bdnews24.com.The snarl-up began early Wednesday, stretching around 14 km from the east end of the...

Dhaka Advertising Assoc new committee formed

2024-01-25 00:00:00

The new committee of Dhaka Advertising Association has unanimously formed for a term of two years, says a press release.The committee was formed at a general meeting at its office in the city on Wednesday. SM Delwar Hossain, proprietor of...

Molasses industry is now enjoying a bonanza time

2024-01-25 00:00:00

Two people making liquid jiggery (molasses) by evaporating juice of sugarcane. The picture was snapped from Bishnapur village of bordering upazila Bijoynagar of Brahmanbaria district where the molasses industry is now enjoying a bonanza time — Focus Bangla

Mother turtles die in 'dog bite' on St. Martin's

OUR CORRESPONDENT | 2024-01-25 00:00:00

Cox's Bazar, Jan 24: Mother turtles which came to St. Martin's island from the Bay to lay eggs in winter were reportedly dying one after another in 'dog bites'.During a visit, the FE correspondent found some dead turtles lying on...

Man United's Martial out for 10 weeks

2024-01-25 00:00:00

LONDON, Jan 24 (AFP): Manchester United forward Anthony Martial has been ruled out until April following surgery on a groin injury, the Premier League giants announced Wednesday.The 28-year-old, out of contract at the end of the season, has managed just...

Japan FA condemns 'shameful' racist abuse of goalkeeper

2024-01-25 00:00:00

DOHA, Jan 24 (AFP): Japan's football association on Wednesday condemned the "shameful behaviour" of fans who racially abused Zion Suzuki online following the goalkeeper's performances at the Asian Cup.Pre-tournament favou-rites Japan were beaten 2-1 by Iraq in the group phase...

'Queen Wen' sets up Australian Open semi with Yastremska

2024-01-25 00:00:00

MELBOURNE, Jan 24 (AFP): Chinese 12th seed Zheng Qinwen came from a set down to beat unseeded Russian Anna Kalinskaya at the Australian Open on Wednesday, setting up a semi-final clash against Ukrainian qualifier Dayana Yastremska.The 21-year-old, known to her...

Heat crush Sixers to win Australia's BBL final

2024-01-25 00:00:00

SYDNEY, Jan 24 (AFP): Brisbane Heat crushed the Sydney Sixers by 54 runs to win their second Big Bash League (BBL) title and emphatically take the crown of being Australia's champion Twenty20 team in Sydney on Wednesday.The Heat posted a...

Air Vice Marshal Md Sharif Uddin Sarker, handing over Champion Trophy

2024-01-25 00:00:00

Air Vice Marshal Md Sharif Uddin Sarker, chairman of the governing body of BAF Shaheen English Medium College (SEMC) and Air Officer Commanding of BAF Base Bashar, Dhaka Cantonment handing over the Champion Trophy of the inter-house annual sports competition...

England's Bashir gets India visa

2024-01-25 00:00:00

HYDERABAD, Jan 24 (AFP): England spinner Shoaib Bashir has received his visa for India and will join the touring team this weekend, the country's cricket board said on Wednesday.Britain-born Bashir, a 20-year-old Muslim of Pakistani heritage, was unable to join...

Minhaz Uddin of Navy emerges champion

2024-01-25 00:00:00

IM Mohammad Minhaz Uddin of Bangladesh Navy emerged unbeaten champion in the International Open Fide Rating Chess Tournament 2024 securing 7. 5 points after the 9th and last round matches concluded at Bangladesh Chess Federation Hall-Room in the city on...

Bangladesh make flying start beating Sri Lanka by 5 wkts

2024-01-25 00:00:00

Hosts Bangladesh made a flying start in the Tri-nation U-19 Women' s T20 Series beating Sri Lanka by five wickets at the Sheikh Kamal International Cricket Stadium in Cox's Bazar on Wednesday, reports UNB.Sent in to bat first, Sri Lanka...

Euro zone business downturn eases in Jan

2024-01-25 00:00:00

LONDON, Jan 24 (Reuters): Euro zone businesses faced a tough start to 2024 with activity contracting again in January as demand continued to fall while price pressures rose due to tensions in the Red Sea, a survey showed.The manufacturing outlook...

Switzerland's UBS makes changes to executive board

2024-01-25 00:00:00

ZURICH, Jan 24 (Reuters): UBS announced changes to its executive board on Wednesday as the Swiss bank presses ahead with its integration of fallen rival Credit Suisse.Switzerland's biggest lender appointed Aleksandar Ivanovic to lead its $1.6 trillion asset management business,...

India bank liquidity deficit hits record high

2024-01-25 00:00:00

MUMBAI, Jan 24 (Reuters): India's banking system liquidity deficit hit a record high, data showed on Wednesday, amid outflows towards tax payments and limited government spending, with traders anticipating that the central bank will infuse more cash to address the...

Japan exports soar to record

2024-01-25 00:00:00

TOKYO, Jan 24 (Reuters): Japan's exports surged to record highs in December, with shipments to the US soaring to their strongest-ever level while those to China were also robust, logging their first rise in more than a year.The better-than-expected data...

Thailand aims for lithium output in two years, boosting EV ambitions

2024-01-25 00:00:00

BANGKOK, Jan 24 (Reuters): Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become a regional electric vehicle (EV) production hub, according to government and company officials involved in...