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Govt has no plan to raise age limit to enter govt jobs: Minister

2024-07-04 00:00:00

Public Administration Minister Farhad Hossain has said the government has no plan to raise the age limit to 35 years for entering government jobs, reports UNB."The number of candidates in different jobs will increase at a large extent. As a...

CU students block Ctg-Hathazari Road

Our Correspondent | 2024-07-04 00:00:00

QUOTA PROTEST, DAY 3: Thousands of students blocked Shahbag intersection in the capital for hours on Wednesday afternoon to protest quota reinstatement in the government jobs. — FE Photo by Asad-Uz-Zaman CHATTOGRAM, July 03: The Students of Chittagong University (CU)...

'BD should adopt unified approach, focus on some specialised sectors'

2024-07-04 00:00:00

FE REPORT Bangladesh should adopt a unified approach, focus on some specialised sectors, and properly engage its diasporas to promote and enhance the country's brand image in global forums, said speakers at a programme on Wednesday.When the stakeholders concerned communicate...

EBL inks MOU with National Pension Authority

2024-07-04 00:00:00

EBL inks MOU with National Pension AuthorityKabirul Ezdani Khan, executive chairman, National Pension Authority, and Ali Reza Iftekhar, managing director, Eastern Bank, exchanging documents after signing a Memorandum of Understanding in presence of Dr. Md. Khairuzzaman Mozumder, secretary, Finance Division,...

Modhumoti Bank donates Tk 5.5m to Prime Minister's Trust

2024-07-04 00:00:00

Modhumoti Bank donates Tk 5.5m to Prime Minister's TrustModhumoti Bank donated Tk.5.5 million to the Prime Minister's Education Assistance Trust on Wednesday, July 3, 2024 under the bank's CSR programme. Md. Shafiul Azam, managing director & CEO of Modhumoti Bank...

Energy transition and Chevron's role

2024-07-04 00:00:00

Eric M Walker President and Managing DirectorChevron Bangladesh As one of the world's leading integrated energy companies, Chevron is involved in virtually every aspect of the energy industry. At Chevron, we believe that access to energy helps improve lives by...

Khalily re-elected chair of risk management committee, Bank Asia

2024-07-04 00:00:00

Prof. M. A. Baqui Khalily has been re-elected as chairman of the Board Risk Management Committee of Bank Asia.He is one of the independent directors of the bank. Prof. Khalily joined as a faculty member at the Department of Finance...

Akram Hossain, Abdul Hannan elected vice chair of Mercantile Bank

2024-07-04 00:00:00

Al-Haj Akram Hossain (Humayun) & Md. Abdul Hannan have been elected as vice chairmen of the board of directors of Mercantile Bank in its 443rd board meeting held at the bank's head office.Mr. Hossain (Humayun) is the chairman & managing...

Prime index 1.5-month high on increased bets on beaten-down stocks

2024-07-04 00:00:00

FE REPORTStocks ended higher for the second consecutive day on Wednesday, with the prime index of the Dhaka Stock Exchange (DSEX) rising to one-and-a-half-month high, supported by a handful of stocks.Market experts said optimistic investors put fresh bets on lucrative...

BRAC Bank aspires to double SME portfolio in 3yrs, says SME chief

JUBAIR HASAN | 2024-07-04 00:00:00

BRAC Bank PLC plans to double its SME portfolio within the next three years by transforming the commercial lender into a complete financial partner for small and medium ventures. For the transformation, the country's most SME-focused commercial bank set the...

Tax generated in FY24 by Dhaka bourse hits flour-year low

FE REPORT | 2024-07-04 00:00:00

The government's tax revenue from the Dhaka Stock Exchange (DSE) hit a four-year low to Tk 2.44 billion in the just concluded financial year, thanks to lower turnover amid dwindling investor confidence.Market operators attributed the fall in tax collection to...

Internet user base sees a big boost

2024-07-04 00:00:00

FE ReportThe number of internet subscribers in Bangladesh surged by a massive 2.6 million in May, one of the biggest jumps in recent years, with mobile data users making up a bulk of the new customers.During this period, the total...

Chinese co to invest $21.8m in BEPZA EZ

2024-07-04 00:00:00

Chinese company Unicorn Handbag Limited will invest US $21.85 million to set up a carry bag and luggage manufacturing industry in the BEPZA Economic Zone (EZ).Bangladesh Export Processing Zones Authority (BEPZA) signed a deal with the company to this effect...

Trust Bank and ShareTrip sign MoU

2024-07-04 00:00:00

Trust Bank and ShareTrip sign MoUAn MoU has been signed between Trust Bank Limited and ShareTrip Limited recently. Md. Mostafa Musharrof, Head of Card Division, Trust Bank, and AKM Mahfuzul Alam, Chief Sales Officer, ShareTrip Limited, signed the MoU on...

ICAB President joins ICAI discussion

2024-07-04 00:00:00

ICAB President joins ICAI discussion ICAB President Mohammed Forkan Uddin, as a distinguished guest, participated in a discussion on 'Digital Governance' organised by the Institute of Chartered Accountants of India (ICAI) marking its 75 years of Foundation Chartered Accountancy Day...

SBI provides RO water systems

2024-07-04 00:00:00

SBI provides RO water systemsState Bank of India (SBI) recently provided Reverse Osmosis (RO) water systems in salinity-prone areas of Bangladesh through Shakti Foundation, a leading non-government organisation, aiming to address the critical issue of saline water in coastal areas...

RAKUB makes turnaround with Tk 29.8m net profit

Rajshahi Correspondent | 2024-07-04 00:00:00

RAJSHAHI, July 3: Rajshahi Krishi Unna-yan Bank (RAKUB) has made a complete turnaround by posting a net profit of Tk 29.8 million (Tk 2.98 crore) in financial year 2023-24. In FY 2022-23, the bank incurred a loss of Tk 2.24...

First Security Islami Bank hands over Investment Cheques

2024-07-04 00:00:00

First Security Islami Bank hands over Investment Cheques First Security Islami Bank handed over investment cheques to clients on the occasion of the International SME Day. Syed Waseque Md Ali, Managing Director of the bank, handed over the cheques to...

AB Bank training for women entrepreneurs

2024-07-04 00:00:00

AB Bank training for women entrepreneursAB Bank PLC organised a daylong training programme for women entrepreneurs in Barishal on Wednesday, aiming to develop their business skills. After successful completion of the training, the Bank awarded certificates and disbursed Sohoj Loans...

AWE alumni fair begins

2024-07-04 00:00:00

The first-ever fair for Academy for Women Entrepreneurs (AWE) alumni in Bangladesh began on the BRAC University campus on Wednesday, reports UNB.Bren Flanigan, acting Counselor for Public Affairs of the U.S. Embassy, inaugurated the two-day fair.AWE, a global initiative led...

LNG cargo, 70,000 tonnes of fertilisers to be procured

2024-07-04 00:00:00

FE REPORTThe state-run Petrobangla will buy one cargo of liquefied natural gas (LNG) from US-based Excelerate Energy to meet the domestic demand due to supply crunch from local gas fields.The cabinet committee on government purchase approved a proposal to this...

Taskin denies being dropped from India game for missing team bus

2024-07-04 00:00:00

Bangladesh bowler Taskin Ahmed admitted to missing the team bus before a crucial T20 World Cup match against India. However, he denied that this incident was the reason he was not selected to play in the match, reports UNB.Earlier this...

Shakib unsure about India tour participation

2024-07-04 00:00:00

Bangladesh all-rounder Shakib Al Hasan is unsure if he'll be part of the upcoming tour of India. Bangladesh are scheduled to play two Tests and three T20Is against India from September 19 to October 12 following their tour of Pakistan...

BCB boss struggles to explain Tigers’ T20 World Cup failures

2024-07-04 00:00:00

Following Bangladesh's disappointing T20 World Cup campaign, Bangladesh Cricket Board (BCB) President Nazmul Hasan met the media, struggling to explain the national team's failures. Initially saying the board was pleased with reaching the second round, he later admitted uncertainty about...

Four killed in road accidents

2024-07-04 00:00:00

A total of four persons were killed in separate road accidents in Tangail, Gaibandha and Meherpur districts on Wednesday and Tuesday night, report agencies. In Tangail, two people were killed and two others injured in a road accident on the...

133 educational instts in Moulvibazar, 59 schools in Netrakona inundated

2024-07-04 00:00:00

A total of 133 educational institutions in Moulvibazar district and 59 schools in Netrakona district were inundated by floodwater, report agencies. In Moulvibazar, around 0.3 million (three lakh) people have been stranded in five upazilas of Moulvibazar district due to...

Civic amenities elude Pabna townies

OUR CORRESPONDENT | 2024-07-04 00:00:00

PABNA, July 03: Residents of Pabna town have long been deprived of the basic civic amenities since it started functioning as the municipality. Built at the confluence of the Padma and Jamuna rivers, the town is the fourth largest in...

Gold at near 2-week high

2024-07-04 00:00:00

Gold prices rose more than 1 per cent to a near two-week high on Wednesday, driven by increased bets for a September interest rate cut by the Federal Reserve after recent U.S. data suggested that the labor market was softening,...

BKB Signs MoU with National Pension Authority

2024-07-04 00:00:00

BKB Signs MoU with National Pension AuthorityBangladesh Krishi Bank (BKB) signed a MoU with National Pension Authority under Finance Division, Ministry of Finance, on Wednesday at the Finance Secretary's conference room. Finance Secretary Dr. Md. Khairuzzaman Mozumder was present in...

Oil prices steady --..

2024-07-04 00:00:00

Oil prices steadied on Wednesday after trading higher on a bigger than expected drawdown in US crude stockpiles while economic headwinds from China and the euro zone capped gains.Brent crude futures edged up 14 cents, or 0.16 per cent, to...