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Islami Bank Bangladesh inaugurated 'Premier Stall' at Dhaka International Trade Fair

2024-01-24 00:00:00

Islami Bank Bangladesh inaugurated its 'Premier Stall' at the Dhaka International Trade Fair. Mohammed Monirul Moula, managing director and CEO of the bank, inaugurated the stall on Tuesday at Bangabandhu Bangladesh-China Friendship Exhibition Center, Purbachal. Md Maksudur Rahman, senior executive...

Bank Asia won the Sustainability Reporting Award 2023

2024-01-24 00:00:00

Bank Asia Limited has won the Sustainability Reporting Award 2023 from the National Center for Corporate Reporting, Indonesia. Romo Rouf Chowdhury, chairman and Zakia Rouf Chowdhury, vice chairman, along with Rumee A Hossain, chairman of the Board Executive Committee, Dilwar...

Modhumoti Bank held three-day-long 'Annual Business Conference 2024'

2024-01-24 00:00:00

Modhumoti Bank Limited held its three-day-long 'Annual Business Conference 2024' in Gazipur's Sarah Resort recently. Barrister Sheikh Fazle Noor Taposh, chairman of executive committee of the bank's board of directors was present as the chief guest. Md Shafiul Azam, managing...

340th Board meeting of IFIL held

2024-01-24 00:00:00

The 340th meeting of the Board of Directors of Islamic Finance and Investment Limited (IFIL) was held on Monday at its head office at Tejgaon, Dhaka. KBM Moin Uddin Chisty, chairman of the board, presided over the meeting. Among others,...

DSE, PBIL sign Shariah index data sharing deal

FE DESK | 2024-01-24 00:00:00

Prime Bank Investment Limited (PBIL) has entered into an agreement with the Dhaka Stock Exchange (DSE) for the sharing of DSEX Shariah Index data, according to a press release. PBIL is the first merchant bank in Bangladesh to subscribe to...

Shipping Corporation rises on DSE, defying 26pc profit decline in Q2

FE REPORT | 2024-01-24 00:00:00

The Bangladesh Shipping Corporation (BSC) saw its profit erode by 26 per cent year-on-year to Tk 502 million in the second quarter through December, FY24, owing to a decline in vessel fare internationally coupled with higher finance expenses. Subsequently, the...

Dhaka bourse fuelled by blue chips, showing signs of investor return

BABUL BARMAN and FARHAN FARDAUS | 2024-01-24 00:00:00

The stock market stayed upbeat on Tuesday effectively absorbing the floor price withdrawal shock, as buoyant investors injected fresh funds into fundamentally strong stocks.The exuberance was centred mostly on BRAC Bank, Square Pharmaceuticals, Reckitt Benckiser, Marico, and Unilever Consumer Care,...

Amid the dry weather, it becomes difficult to find freshwater to drink

2024-01-24 00:00:00

Amid the dry weather, it becomes difficult to find freshwater to drink and use for household chores. In many cases, the residents have to rely on stored rainwater. Coastal people use clay pots to preserve the rainwater to be used...

Braving freezing cold, day labourers eagerly wait for work

2024-01-24 00:00:00

Braving freezing cold, day labourers eagerly wait for work to make a living. Their income has largely fallen due to unavailability of work amid the prevailing chilly weather. The picture was taken from Pabna district town on Tuesday — Focus...

Four firearms recovered in C'nawabganj

2024-01-24 00:00:00

RAJSHAHI, Jan 23 (BSS): The elite force Rapid Action Battalion (RAB), in an anti-crime drive, recovered four one-shooter guns in an abandoned condition in Chapainawabganj district on Monday, said RAB sources on Tuesday.On a tip-off, a team of the elite...

Aricha-Kazirhat ferry services resume after 11 hours

2024-01-24 00:00:00

MANIKGANJ, Jan 23 (BSS): The ferry services between Aricha- Kazirhat route resumed after about 11 hours of suspension, Bangladesh Inland Water Transport Corporation Paturia Ghat sources said.BIWTC Deputy General Manager (DGM) Shah Mohammad Khaled Newaz said the ferry movement between...

Four murder accused held in Keraniganj, Gazipur

2024-01-24 00:00:00

Rapid Action Battalion (RAB) arrested four accused in a murder case from Keraniganj and Gazipur areas on Monday, reports UNB.The arrestees are Hiru Sardar (40), Babu Sardar (35), Alamgir Sardar (45) and Mukta Begum (35).Shihab Karim, senior assistant director of...

Road crashes leave six dead in two dists

2024-01-24 00:00:00

Six persons were killed in separate road accidents in Mymensingh and Jhenaidah on Tuesday, report agencies.In Mymensingh, three persons were killed in a collision between a truck and a pickup-van in Taldighi area on Mymensingh-Sherpur road under Tarakanda upazila of...

Sunamganj villages under threat for rampant river dredging

2024-01-24 00:00:00

Miscreants may have stopped excavating the banks of the Jadukata River for sand in the wake of protests, but dozens of villages in Sunamganj's Tahirpur remain at risk of losing land and homes due to illegal dredging activities, reports bdnews24.com.The...

India raises import duty on gold, silver jewellery findings

2024-01-24 00:00:00

NEW DELHI, Jan 23 (Reuters): The Indian government has increased the import duty on gold and silver findings, used in making jewellery, and on precious metal coins to 15 per cent from 11 per cent, effective from January 22, to...

Sayeed Ahmed, Chairman of Global Insurance handed over a marine claim cheque for Tk 8,100,000

2024-01-24 00:00:00

Sayeed Ahmed, Chairman of Global Insurance Limited, has recently handed over a marine claim cheque for Tk 8,100,000 to Md Mamunur Rahman, General Manager (Commercial) of Meghna Executive Holdings. ABM Nurul Haq, Senior Consultant; Mohammad Nooruddin, DMD & In-charge of...

Primark's sales growth slows in Christmas quarter

2024-01-24 00:00:00

LONDON, Jan 23 (Reuters): Associated British Foods said underlying sales growth slowed at its Primark clothing business in the Christmas quarter, hurt by unseasonal warm weather at the start of the period.The group also said on Tuesday it was monitoring...

Oil prices edge down -

2024-01-24 00:00:00

LONDON, Jan 23 (Reuters): Oil prices fell on Tuesday, handing back some of the previous day's gains, as traders weighed rising crude supply in Libya and Norway against production outages in the United States and geopolitical tensions.Brent crude futures were...

Businesses urged to help stabilise market

2024-01-24 00:00:00

State Minister for Commerce Ahsanul Islam on Tuesday sought cooperation from the business community to keep the market stable, reports BSS."There is no shortage of essential commodities in the country," he said.Ahsanul made the comment during a meeting with the...

Commerce ministry seeks duty waiver on oil, sugar, date

FE REPORT | 2024-01-24 00:00:00

Commerce ministry has sought a waiver of import duties on edible oil, sugar and dates with an eye to keeping market supply sufficient and prices stable during Ramadan.Sources said the ministry made the proposals to the National Board of Revenue...

News in Brief (2024-01-24)

2024-01-24 00:00:00

Wife of Malaysia's former finance minister charged by anti-graft body in assets caseKUALA LUMPUR, Jan 23: The wife of a former Malaysian finance minister who has close ties to a political rival of Prime Minister Anwar Ibrahim was charged Tuesday...

Chicago shooter sought for 8 deaths

2024-01-24 00:00:00

ILLINOIS, Jan 23 (Reuters): Authorities in Illinois searched on Monday for a man wanted as a suspect in the fatal shooting of eight people, including seven members of a family who were found inside two homes in the Chicago suburb...

24 Israeli troops killed in Gaza fighting

2024-01-24 00:00:00

GAZA, Jan 23 (Reuters/AP): Twenty-four Israeli soldiers were killed in Gaza, the military said on Tuesday, the biggest death toll in a single day since the war began in October, amid what Palestinians said was the most intense bombardment of...

7.1 magnitude quake jolts W China

2024-01-24 00:00:00

BEIJING, Jan 23 (AP): A magnitude 7.1 earthquake struck a sparsely populated western Xinjiang region part of China's early Tuesday, injuring six people and damaging or collapsing more than 120 homes in freezing cold weather, authorities said. The quake was...

Djokovic makes Australian Open semis

2024-01-24 00:00:00

MELBOURNE, Jan 23 (AFP): Top seed Novak Djokovic battled past Taylor Fritz into an 11th Australian Open semi-final and a record-extending 48th at Grand Slams on Tuesday, but a rampant Aryna Sabalenka had a much easier ride.The Serbian superstar came...

Minhaz Uddin takes solo lead securing 7 points

2024-01-24 00:00:00

IM Mohammad Minhaz Uddin of Bangladesh Navy took solo lead in the International Open Fide Rating Chess Tournament securing 7 points after the 8th or penultimate round matches held at Bangladesh Chess Federation Hall-Room on Monday, reports UNB.Five players are...

Bangladesh taste first victory beating Ireland by six wkts

2024-01-24 00:00:00

Former champions Bangladesh tasted their first victory in their second Group A match of the 16-team ICC U-19 Men's Cricket World Cup'24, beating Ireland by six wickets at the Mangaung Oval in Bloemfontein, South Africa, on Monday, reports UNB.Bangladesh, the...

Sheikh Jamal enter knock-out stage

2024-01-24 00:00:00

Former Champions Sheikh Jamal Dhabmondi Club assured the knock out stage from Group A of the 35th edition of the Federation Cup Football, outplaying Rahmatganj MFS by 4-1 goals in their first appearance at the Bashundhara Kings Arena in the...

PRAN-RFL-sponsored marathon held in Cox's Bazar

2024-01-24 00:00:00

The two-day marathon event titled 'Marine Drive-Ultra, Season Three' was held on Cox's Bazar Marine Drive recently with the slogan "Our Heritage, Our Glory", says a statement. PRAN-RFL Group, the country's leading conglomerate, was the main sponsor of the event.About...

Nahida in ICC Women's ODI team of the year

2024-01-24 00:00:00

Bangladesh left-arm spinner Nahida Akter found a place in the ICC Women's One Day International (ODI) Team of the Year for her stupendous performance in the last year, reports BSS.The Bangladesh spinner took 20 wickets in 11 matches in the...