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Retail investors to buy NRB Bank IPO shares from Jan 28

FE REPORT | 2024-01-17 00:00:00

General investors will be able to subscribe IPO shares of NRB Bank Limited from January 28.The fourth-generation private commercial bank got regulatory permission to collect capital from the primary market in November last year. It will raise Tk 1 billion...

Dhaka stocks soar to more than five-month high

FE REPORT | 2024-01-17 00:00:00

The Dhaka bourse on Tuesday witnessed a four-month-high turnover, riding on investors' enthusiasm over four major sectors, including pharmaceuticals & chemicals.The broad index also extended its gaining streak for the fifth straight day and secured the highest position in five...

Counterfeits cost Europe 16b year

2024-01-17 00:00:00

PARIS, Jan 16 (AFP): Counterfeit products-mainly clothes- cost the European economy 16 billion euros a year and result in nearly 200,000 lost jobs, the EU's Intellectual Property Office said Tuesday.The findings, based on data from 2018 to 2021, show that...

Tobacco use shrinking worldwide: WHO

2024-01-17 00:00:00

GENEVA, Jan 16 (AFP): The number of adult tobacco users has dropped steadily in recent years, the World Health Organization said on Tuesday but it warned Big Tobacco was working hard to reverse that trend.In 2022, about one in five...

OpenAI to launch anti-disinformation tools for 2024 elections

2024-01-17 00:00:00

SAN FRANCISCO, Jan 16 (AFP): ChatGPT maker OpenAI has said it will introduce tools to combat disinformation ahead of the dozens of elections this year in countries that are home to half the world's population.The explosive success of text generator...

BMAMA top brass greet Industries Minister

2024-01-17 00:00:00

President of Bangladesh Motorcycle Assemblers and Manufacturers Association (BMAMA) and Chairman and Managing Director of Uttara Motors Limited, Matiur Rahman, congratulated newly-appointed Industries Minister Nurul Majid Mahmud Humayun MP with a bouquet recently. Biplob Kumar Roy, CEO of TVS Auto...

ICMAB team meet State Minister for Commerce

2024-01-17 00:00:00

A delegation of ICMAB, headed by its President, Md Abdur Rahman Khan FCMA, met Ahsanul Islam (Titu), State Minister for Commerce, on Tuesday. Mr Khan shared the core competencies of the CMAs and shared how this skill could come into...

Khadi Fest 2024 scheduled for Jan 19-20

2024-01-17 00:00:00

The Fashion Design Council of Bangladesh (FDCB) has announced that Khadi Fest 2024, an annual celebration of Bangladesh's rich cultural heritage, is set to take center stage once again with its upcoming edition themed "Khadi: The Future Fabric Show."It is...

Bengal Commercial Bank achieves "Global Brand Award 2023"

2024-01-17 00:00:00

Bengal Commercial Bank PLC (BGCB) achieved "Global Brand Award 2023" as the "Best New Customer-Centric Banking Brand" in Bangladesh, says a press release received on Tuesday. The UK based "Global Brands Magazine" announced this award on their website recently as...

Midland Bank and ZHIBCL sign a MOU

2024-01-17 00:00:00

A Memorandum of Understanding (MoU) was signed between Midland Bank and Zoomlion Heavy Industry Bangladesh Co Ltd (ZHIBCL) at the bank's corporate head office in the city on Jan 15, says a press release. Zoomlion Heavy Industry Science & Technology...

Lafarge can be charged with complicity in crimes against humanity: French court

2024-01-17 00:00:00

PARIS, Jan 16 (Reuters): France's highest court on Tuesday rejected a request from French cement maker Lafarge that it dismiss charges of complicity in crimes against humanity as part of an enquiry into how the group kept its factory running...

Jewellers seek ministry task force on-boarding

FE REPORT | 2024-01-17 00:00:00

The Bangladesh Jewellers Association (BAJUS) called on the government on Wednesday to include their representatives in the home ministry's anti-gold smuggling task force, citing concerns over alleged harassment by law enforcement officials.BAJUS leaders made the request during a meeting with...

Peter Haas calls on Palak at secretariat office

2024-01-17 00:00:00

The United States (US) Ambassador to Bangladesh Peter Haas today paid a courtesy call on State Minister for Posts, Telecommunications and Information Technology Zunaid Ahmed Palak at his office at the secretariat in Dhaka on Tuesday, reports BSS.During the meeting,...

TCB sales drive starts tomorrow

FE REPORT | 2024-01-17 00:00:00

The government is set to launch a month-long sales drive of essential items for around 10 million low-income families countrywide tomorrow (Thursday), sources said.Currently, the state-run Trading Corporation of Bangladesh (TCB) runs the drive at subsidised rates every month. The...

Korean Air, Cathay Pacific aircraft clip wings at Japan airport; no injuries

2024-01-17 00:00:00

TOKYO/SEOUL, Jan 16 (Reuters): Two aircraft belonging to Korean Air Lines and Cathay Pacific Airways clipped wings at New Chitose Airport on Japan's northern island of Hokkaido on Tuesday amid wintry conditions, a Korean Air official said.No injuries were reported...

Colombo port sees jump in traffic amid Red Sea tensions

2024-01-17 00:00:00

COLOMBO, Jan 16 (Reuters): Sri Lanka's Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea have found it a convenient transit point, officials said on...

Palak asks BTRC to take steps to block unregistered mobile phones

2024-01-17 00:00:00

State Minister for Posts, Telecommunications and ICT Zunaid Ahmed Palak today directed the Bangladesh Telecommunication Regulatory Commission (BTRC) authorities to take steps to block all unregistered mobile phones, reports BSS.He issued the directive at a meeting with senior officials of...

Biman Bangladesh Airlines joins as title sponsor

2024-01-17 00:00:00

Biman Bangladesh Airlines has become the title sponsor of the 19th edition of the upcoming international tourism fair styled "Biman-Dhaka Travel Mart 2024". The fair will be held at Pan Pacific Sonargaon Hotel in the capital on 8-10 February, organized...

Export earnings to reach higher level: Nanak

FE REPORT | 2024-01-17 00:00:00

Textiles and jute minister Jahangir Kabir Nanak has announced the government's commitment to boosting export earnings from jute and jute goods to an extraordinary level.Addressing a meeting with officials from the Bangladesh Textile Mills Corporation (BTMC) in Dhaka on Tuesday,...

News in Brief (2024-01-17)

2024-01-17 00:00:00

US co's lunar lander will burn up in earth's atmosphere after failed moonshotCAPE CANAVERAL, Jan 16: A U.S. company's lunar lander will soon burn up in Earth's atmosphere after a failed moonshot. Astrobotic Technology said its lander is now headed...

Trump set to face jury

2024-01-17 00:00:00

NEW YORK, Jan 16 (AP): After a big victory in the Iowa caucus, former President Donald Trump is expected in court Tuesday to face another legal challenge: a trial to determine how much more he owes the writer E. Jean...

Iran's Guards attack Israel's 'espionage centres' in Iraq

2024-01-17 00:00:00

TEHRAN, Jan 16 (Reuters): Iran's Revolutionary Guards said they attacked the "espionage headquarters" of Israel in Iraq's semi-autonomous Kurdistan region, state media reported late on Monday, while the elite force said they also struck in Syria against the Islamic State."Ballistic...

Cathay Pacific plane 'struck' by Korean aircraft at Japan airport, no injuries

2024-01-17 00:00:00

TOKYO, Jan 16 (AFP): A Korean Air airliner "struck" a Cathay Pacific plane while taxiing at a Japanese airport on Tuesday, with both airlines saying there were no injuries.The incident comes two weeks after a near-catastrophic collision at Tokyo's Haneda...

Israel pounds Gaza as fears grow of widening war

2024-01-17 00:00:00

GAZA STRIP, Jan 16 (AFP): Israel pummelled southern Gaza on Tuesday, killing dozens, even as authorities announced the winding down of the intense phase of the war that has inflamed tensions across the Middle East.The government of Israeli Prime Minister...

N Korea scraps agencies managing ties with South

2024-01-17 00:00:00

SEOUL, Jan 16 (AP): North Korea has abolished key government organizations tasked with managing relations with South Korea, state media said Tuesday, as authoritarian leader Kim Jong Un said he would no longer pursue reconciliation with his rival.North Korea's official...

Australia face West Indies in 1st Test today

2024-01-17 00:00:00

ADELAIDE, Australia, Jan 16 (AFP): Australia head into the two-Test series against the West Indies beginning in Adelaide Wednesday as the hottest of favourites, but the visitors insist they are ready to shock the reigning world Test champions.For the Australians,...

Scaloni to remain as Argentina coach for Copa America

2024-01-17 00:00:00

MEXICO CITY, Jan 16 (Reuters): Lionel Scaloni will stay on as Argentina's coach at least until the end of this summer's Copa America, where the country will defend its title, local media reported on Monday.The news comes after the Argentina...

Cummins trumps Taijul to win ICC player of the month award

2024-01-17 00:00:00

Bangladesh left-arm spinner Taijul Islam's aspiration to win his maiden ICC award was dashed when Australian captain Pat Cummins won the player of the month award for December, reports BSS.Following his excellent performance in December that helped Bangladesh win its...

Roma sack Mourinho

2024-01-17 00:00:00

ROME, Jan 16 (AFP): Jose Mourinho's time at Roma came to an end on Tuesday after the Serie A club sacked the "Special One" midway through what has been a deeply disappointing third season in the Italian capital.Mourinho departs Roma...

Messi named FIFA player of 2023

2024-01-17 00:00:00

LONDON, Jan 16 (Agencies): Argentine Lionel Messi retained the FIFA men's player of the year trophy on Monday, beating Manchester City's treble-winning Norwegian striker Erling Haaland and France's Paris St Germain forward Kylian Mbappe to the award.Spain's 2023 World Cup...