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DITF-2024 to begin in 3rd week of Jan

2023-12-25 00:00:00

The 'Dhaka International Trade Fair (DITF)-2024' is scheduled to begin in the 3rd week of January 2024 at the 'Bangabandhu Bangladesh-China Friendship Exhibition Centre,' in the Purbachal area of the capital, reports BSS.According to a senior official from the Commerce...

Salvaged bricks from construction waste almost clutter the train tracks in Dhaka's Khilgaon area, raising concerns about safety

2023-12-25 00:00:00

Salvaged bricks from construction waste almost clutter the train tracks in Dhaka's Khilgaon area, raising concerns about safety following recent rail derailments across the country. The makeshift brickbreaking operation, run illegally by the tracks, poses risks to both train passengers...

EC sends letter to declare Jan 7 as general holiday

2023-12-25 00:00:00

The Election Commission (EC) has requested Public Administration Ministry to declare January 7 as a general holiday on occasion of the 12th Parliamentary Election, reports UNB."As the 12th national election is scheduled to be held on January 7, it is...

BNP announces 3-day mass contact programme from tomorrow

FE REPORT | 2023-12-25 00:00:00

BNP announced Sunday the commencement of another three-day mass-contact programme starting from tomorrow (Tuesday). The purpose of this programme is to advocate for their single demand, which is the resignation of the Awami League government and the restoration of a...

Dependence on sub-agents pushes migrant workers into abuse risks

FE Report | 2023-12-25 00:00:00

A majority of the surveyed Bangladeshi migrant workers experience a recruitment system of severe problems due to large dependency on sub-agents that creates potential for abuse, according to a latest ITUC report. Many of them do not get pre-departure orientation...

Millers reap the rate hike benefits as farmers sit out

YASIR WARDAD | 2023-12-25 00:00:00

Rice procurement during the current Aman season is proceeding fast thanks to enthusiastic participation from millers attracted by the competitive government offer.In around one month since the procurement drive began in mid-November, the government has already purchased over 230,000 tonnes...

Briefing 2023-12-25

2023-12-25 00:00:00

SS Steel's Q1 profit doubles on subsidiaries Despite prevailing economic challenges, SS Steel Ltd. displayed a remarkable performance by doubling its profits year-on-year in the first quarter of this financial year, driven by increased earnings of its subsidiaries. The listed...

Dengue: Toll nears 1700

2023-12-25 00:00:00

The number of dengue cases in Bangladesh this year has increased by 188 to 320,460 in the latest daily count, reports bdnews24.com.The death toll from the mosquito-borne disease also rose by four to 1,697 in the 24 hours to Sunday...

Remittance rebound rekindles hope amid falling reserves

FE REPORT | 2023-12-25 00:00:00

An inward remittance rebound of late rekindles hope for Bangladesh's falling foreign-exchange reserves that cast adverse domino effect on overall economy and living, officials say.As the forex dealers and commercial banks continue raising value of the local currency against the...

People stand in a queue behind a Trading Corporation of Bangladesh (TCB) truck in Old Dhaka's

2023-12-25 00:00:00

People stand in a queue behind a Trading Corporation of Bangladesh (TCB) truck in Old Dhaka's Kamalbagh area. Rising prices of essential goods have driven more people to seek subsidised food items, stretching already long queues even longer. — FE...

Denim maker goes for massive expansion to seize new bonanza

Monira Munni | 2023-12-25 00:00:00

A denim maker undertakes a massive industrial expansion hoping to seize huge export prospects generated from western buyers' China-shift policy.Badsha Group of Industries has taken up the billions of taka worth of plan to set up two new factories in...

Xmas today

2023-12-25 00:00:00

Christmas, the biggest religious festival of the Christian community, will be celebrated in the country as elsewhere across the world today (Monday) commemorating the birth of Jesus Christ, reports UNB.Christmas is the celebration of rebirth, a new beginning, forgiveness and...

KSA’s Sudair Industrial inks deal with Japan

2023-12-25 00:00:00

RIYADH, Dec 24 (Arab News): Saudi-Japanese ties will continue to strengthen following the Middle East's first partnership agreement in the industrial sector between Sudair Industrial City and Japan.The collaboration is focused on producing and localizing concrete materials for 3D printing...

Nagad honoured as most ‘Emerging Brand of Bangladesh’

2023-12-25 00:00:00

Nagad, the country's leading mobile financial service provider, has been identified as the Most Emerging Brand of Bangladesh for an unprecedented rise in the brand equity index for three years in a row.This recognition was made in the 15th edition...

Microsoft ending support for Windows 10 system

2023-12-25 00:00:00

WASHINGTON, Dec 24 (Reuters): Microsoft Corp's plan to end support for Windows 10 operating system could result in about 240 million personal computers (PCs) being disposed, potentially adding to landfill waste, Canalys Research said.The electronic waste from these PCs could...

Islami Bank Hospital offers discounts on lab tests

2023-12-25 00:00:00

Islami Bank Hospital & Cardiac Centre Mirpur (IBHCCM) and Islami Bank Hospital Central Lab Nayapaltan (IBHCLN) have offered 45 per cent less on lab tests and 40 per cent discount on radiology and imaging tests for the Islami Bank Debit...

Daraz becomes most beloved e-commerce brand in BD

2023-12-25 00:00:00

Daraz, the country's largest online marketplace, was recognised as Bangladesh's No. 1 E-commerce Brand, said a press release.From being the 12th most-loved brand last year, the company rose to be the 7th most-loved brand, overall in 2023, across all industries....

bKash, country's Best & Most Loved Brand for 5th consecutive year

2023-12-25 00:00:00

bKash was adjudged the country's 'Best Brand' for the 5th consecutive year in a consumer survey conducted by Bangladesh Brand Forum (BBF). Following the success of 2019 to 2022, the country's largest mobile financial services (MFS) provider, bKash, retains its...

Janata Bank PLC won the Gold Award given by SAFA (South Asian Federation of Accountants)

2023-12-25 00:00:00

Janata Bank gets SAFA Int'l Gold AwardJanata Bank PLC won the Gold Award given by SAFA (South Asian Federation of Accountants) for the best annual report in 2022. Janata Bank PLC Managing Director and CEO Md Abul Jabbar received the...

Putin clears Rosbank’s purchase of Societe Generale’s Russian assets

2023-12-25 00:00:00

MOSCOW, Dec 24 (Reuters): Russian President Vladimir Putin on Sunday signed a decree clearing the way for Rosbank to purchase stakes in leading Russian companies owned by Societe Generale.The decree said that Rosbank will be able to buy SocGen's stakes...

BRAC Bank hosts discussion on Biswajit Chy's novel 'Nargis'

2023-12-25 00:00:00

Members of BRAC Bank Chattogram Reading Café gathered on Sunday for a discussion on Biswajit Chowdhury's captivating novel 'Nargis', said a press release. The novel artfully explores the life of Syeda Khatun, famously known as Nargis, the first wife of...

The 44th annual general meeting (AGM) of Olympic Industries Limited

2023-12-25 00:00:00

The 44th annual general meeting (AGM) of Olympic Industries Limited was held on Thursday virtually. The AGM was presided over by Aziz Mohammad Bhai, chairman of the company. At the AGM, the shareholders approved a 60 per cent cash dividend,...

Venture Capital & Private Equity Association holds 3rd AGM

2023-12-25 00:00:00

The Venture Capital & Private Equity Association of Bangladesh (VCPEAB) held its 3rd Annual General Meeting (AGM) virtually on Saturday. Shameem Ahsan, President of VCPEAB and Partner at Pegasus Tech Ventures, presided over the AGM. Zia U Ahmed, Senior Vice...

The 47th Annual General Meeting (AGM) of the Investment Corporation of Bangladesh (ICB)

2023-12-25 00:00:00

The 47th Annual General Meeting (AGM) of the Investment Corporation of Bangladesh (ICB) was held on a virtual platform on Saturday, with its Chairman Dr Suborna Barua in the chair. At the AGM, shareholders approved 2.5 per cent cash and...

To commemorate the month of victory and foster the smart Bangladesh target, ten Rupali Bank branches were converted into

2023-12-25 00:00:00

To commemorate the month of victory and foster the smart Bangladesh target, ten Rupali Bank branches were converted into model branches to facilitate tech-based modern banking. Rupali Bank Chairman Kazi Sanaul Hoq and Managing Director and CEO Mohammad Jahangir inaugurated...

The Sakhipur branch of Mercantile Bank in Tangail has been shifted to a new location on Sunday. Akram Hossain (Humayun),

2023-12-25 00:00:00

The Sakhipur branch of Mercantile Bank in Tangail has been shifted to a new location on Sunday. Akram Hossain (Humayun), chairman, executive committee; virtually launched the branch in the new location as the chief guest. Bank's Managing Director and CEO...

NCC Bank has opened its Bandarban sub-branch recently. Managing Director and CEO (Current Charge)

2023-12-25 00:00:00

NCC Bank has opened its Bandarban sub-branch recently. Managing Director and CEO (Current Charge) of NCC Bank M Shamsul Arefin inaugurated the sub-branch as the chief guest while Senior Executive Vice President and Company Secretary Md Monirul Alam presided over...

Modhumoti Bank Limited inaugurated its 50th branch at Barishal on Sunday. A Mannan Khan,

2023-12-25 00:00:00

Modhumoti Bank Limited inaugurated its 50th branch at Barishal on Sunday. A Mannan Khan, director of the bank, inaugurated the branch as the chief guest. Modhumoti Bank managing director and CEO Md Shafiul Azam presided over the ceremony. Kamrul Hasan...

DSE turnover hits three-week low--

FE REPORT | 2023-12-25 00:00:00

The daily turnover on the Dhaka Stock Exchange (DSE) tumbled to a three-week low on Sunday, slipping below Tk 5 billion-mark, as investors were reluctant to put fresh bets on stocks amid growing political tensions.The market has been in the...

Anwar Galvanizing to issue Tk 500m bonds

2023-12-25 00:00:00

FE REPORTAnwar Galvanizing Ltd, a listed engineering firm, has announced plans to raise Tk 500 million by issuing bonds, with a significant portion earmarked for conversion into shares.The company aims to secure the amount for business expansion and better profitability,...