Pragati Life Insurance Limited and SSL Wireless have entered into a strategic partnership agreement to drive Insurtech innovation and expand access to micro insurance in Bangladesh. Md Jalalul Azim, Managing Director and CEO of Pragati Life Insurance, and Md Iftekhar...
Pubali Bank Retired Officers Welfare Association congratulated the bank's Managing Director and CEO Mohammad Ali and his team for achieving a record operating profit of Tk 1,756 crore in 2023. Advisors of Pubali Bank Retired Officers Welfare Association and former...
Romo Rouf Chowdhury, chairman of Bank Asia Limited, flanked by Farhana Karim, Zakia Rouf Chowdhury, vice chairman, Rumee A Hossain, chairman of the board executive committee, M A Baqui Khalily, chairman of the board risk management committee, and Shafiuzzaman, president...
Eastern Bank Limited (EBL) and MetLife signed a bancassurance agreement in Dhaka on Tuesday. Ali Reza Iftekhar, managing director and CEO, EBL, and Muhammad Ala Uddin Ahmad, chief executive officer, MetLife, signed the agreement.
Bangladesh Export Processing Zones Authority (BEPZA) has started paying salary arrears and other benefits to the workers of Scandex Knitwear Ltd. (Unit 2), a closed factory at Adamjee EPZ, reports BSS.Some 100 factory workers were given their dues at a...
BABUL BARMAN | 2024-01-03 00:00:00
The newly-listed securities saw a remarkable price surge in 2023, as opportunist investors chased after these stocks in anticipation of quick gains.In 2023, two firms and a mutual fund got listed in the main market of the Dhaka Stock Exchange...
MOHAMMAD MUFAZZAL | 2024-01-03 00:00:00
Many companies were already at an elevated level on the Dhaka Stock Exchange when the regulator imposed the price movement restriction on all stocks in July 2022, staving off any correction of those securities. For example, Monno Fabrics shot up...
MOSCOW, Jan 2 (Reuters): Russian exports of liquefied natural gas (LNG) to Europe fell 1.9 per cent to 15.8 million metric tons in 2023, and LNG exports to Asia fell 11 per cent to 14.9 million tons, LSEG data showed...
NEW DELHI, Jan 2 (Reuters): India increased imports of Saudi oil in December as payment problems drove its Russian oil buys to an 11-month low, with at least five cargoes of the sweet Sokol variant heading to other locations, data...
Gold prices gained on Tuesday, boosted by expectations of an easing of monetary policy by the US Federal Reserve in 2024 as investors look forward to a slew of economic data this week that could shed more light on the...
LONDON, Jan 2 (Reuters): Oil prices rose more than 2 per cent in the first session of the New Year, boosted by potential disruption to Middle East supply after the latest attack on a container ship in the Red Sea...
CAPE TOWN, Jan 02 (AFP): Dean Elgar will bid to bring the curtain down on his Test career by skippering South Africa to victory in the second and final Test against India on Wednesday.The tourists hopes of achieving their first...
SYDNEY, Jan 02 (AFP): Australia opted Tuesday against playing a second spinner in the final Test against Pakistan at the Sydney Cricket Ground on Wednesday, naming an unchanged line-up for David Warner's farewell match.Skipper Pat Cummins confirmed Australia's fast-bowling trio...
BRISBANE, Australia, Jan 2, 2024 (AFP): Rafael Nadal won his first match back from a year-long injury layoff when he defeated former US Open champion Dominic Thiem at the Brisbane International on Tuesday, calling it an "emotional and important day".The...
The newly formed Argentine club "Club Deportive Bangladesh," named after Bangladesh, started a good journey in Argentina, beating the All-Haz team by 3-2 goals in their first ever international friendly football match last Saturday (December 31), reports UNB.In the maiden...
SIRAJGANJ, Jan 02 (UNB): A Sirajganj court has sentenced a man to life imprisonment for the possession of 100 grammes of heroin.The court also fined him Tk 10,000, in default of which he has to suffer three months more in...
A total of six persons were killed in separate road accidents in Sylhet and Jamalpur districts on Tuesday, report agencies.In Sunamganj, three fish traders were killed and two were injured as a pickup van carrying them and fish crashed into...
KURIGRAM, Jan 02 (UNB): The northern district of Kurigram has been grappling with severe cold and dense fog over the past three days, significantly disrupting daily life and activities.The extreme weather conditions have particularly affected children, the elderly, day laborers,...
Chinese student found alive in USafter 'cyber kidnapping'UTAH, Jan 02: A Chinese foreign exchange student has been found freezing but alive in the US after his parents were extorted out of tens of thousands of dollars in a "cyber kidnapping"...
LONDON, Jan 02 (AFP): Nearly 30,000 migrants crossed the Channel from mainland Europe to Britain in small boats in 2023, an annual drop of more than a third, according to government figures released on Monday.But the unauthorised arrival of 29,437...
SEOUL, Jan 02 (Reuters): South Korea's opposition Democratic Party leader Lee Jae-myung was stabbed in the neck during a visit to the southern city of Busan on Tuesday and was airlifted to a university hospital for treatment, party and fire...
GAZA, Jan 02 (Reuters/AFP): Israel said on Tuesday its troops had killed dozens of militants in the north of the Gaza Strip in the past day, while its aircraft and tanks stepped up strikes in the south of the Palestinian...
IPSHITA MALIAT RAHMAN | 2024-01-03 00:00:00
Imagine waking up to the sharp wails of an unfamiliar rectangular box. For a moment, you remember falling into a peaceful slumber on a rainy afternoon in the early 2000's. You hurriedly wake up thinking you missed your favourite TV...
DR IMTIAZ AHMED | 2024-01-03 00:00:00
According to a study published in the Journal of the European Academy of Dermatology and Venereology (2019), about 30 per cent of people suffer from dry skin at a given time. This is a very common condition. While usually not...
ANINDETA CHOWDHURY | 2024-01-03 00:00:00
Festivals can be of any form, such as cultural or personal, and every festival opens the door to boredom-free enjoyment. Besides it being a childhood habit, grown-up people can have an escape from the hurdles of life. It gives a...
Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Towfiqul Islam Khan, Muntaseer Kamal, and Syed Yusuf Saadat | 2024-01-03 00:00:00
As a share of Gross Domestic Product (GDP), the country’s major public finance correlates were lower than the previous year. According to data from the Ministry of Finance (MoF), the revenue-GDP ratio of 8.2 per cent in FY2023 fell short...
The plastic industry in Bangladesh is not very large. The sector, however, has huge potential for growth in sales both in local and global markets. The current size of the global plastic market is $570 billion and is growing at...
One of the worst kinds of nuisance in today's Bangladesh is noise pollution. It is an irritant we begin and end our day with. Yet, hardly anyone seems to care how much it is affecting our life and health. A...
Syed Mansur Hashim | 2024-01-03 00:00:00
Market dynamics in Bangladesh are stranger than fiction. Whereas in most countries, demand and supply dictate what prices of goods will be, that universal law does not apply in Bangladesh, at least when it comes to fixing the price of...
M. Rokonuzzaman | 2024-01-03 00:00:00
Import substitution refers to making products to replace those being imported, notably by the less developed countries from advanced counterparts. It is a theory of economics of developing industries in less-developed countries. Notably, import substitution became a preferred approach for...
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