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Islamic Finance celebrates 24th anniversary

2025-02-28 00:00:00

Islamic Finance and Investment PLC (IFIPLC) celebrated its 24th anniversary on Thursday. Abul Quasem Haider, Chairman of the Board of Directors of IFIPLC, inaugurated the celebration programme as the chief guest by cutting a cake at its Head Office in...

Sonali Bank holds Business Conference in Sylhet -

2025-02-28 00:00:00

Sonali Bank PLC, General Manager's (GM) Office, Sylhet, arranged a Divisional Business Conference at a city hotel on Thursday. MD & CEO of the bank Md. Shawkat Ali Khan attended the conference as the chief guest. GM of GM office,...

Modhumoti Bank Risk Management Committee meeting held

2025-02-28 00:00:00

The 42nd meeting of the Risk Management Committee of the Board of Directors of Modhumoti Bank PLC was held on Thursday. The meeting was presided over by Mostafa Kamal, Chairman of the Risk Management Committee. Members of the committee Sultana...

MTB BANCASSURANCE HOSTS COMMUNITY ENGAGEMENT PROGRAM

2025-02-28 00:00:00

Mutual Trust Bank (MTB) Bancassurance organised a community engagement programme at Gulshan Society Lake Park on Sunday to promote bancassurance and health awareness. The initiative was aimed at raising awareness among morning joggers about life and non-life insurance products that...

UCB Investment secures The Asset Triple A Awards 2025

2025-02-28 00:00:00

UCB Investment Limited (UCBIL) has secured all five eligible awards at The Asset Triple A Awards for Sustainable Finance 2025, according to a statement.The company was recognised as Best Bond Advisor and Best Equity Advisor under the Best Advisor Awards,...

DCCI, Sharjah Chamber ink MoU for mutual benefits

FE REPORT | 2025-02-28 00:00:00

Dhaka Chamber of Commerce and Industry (DCCI) and Sharjah Chamber of Commerce and Industry (UAE) on Thursday signed a memorandum of understanding (MoU) for mutual benefits of Bangladesh and the United Arab Emirates (UAE). President of the DCCI Taskeen Ahmed...

EBL refutes customer's claim

FE REPORT | 2025-02-28 00:00:00

Eastern Bank has strongly refuted the allegation of fund embezzlement, which has been raised in a lawsuit filed by a customer, Murtoza Ali.The bank said Mr Ali unjustly implicated its board of directors and management committee, insisting that they had...

Zaheen Spinning sinks deeper into the red

FE REPORT | 2025-02-28 00:00:00

Zaheen Spinning showed a 10-time higher loss in the second quarter of FY25, compared to the same quarter of the previous year, as its production remained closed. Its losses amounted to nearly Tk 123 million in the October-December quarter of...

Titas to issue preferred stock amid record-breaking losses

FE REPORT | 2025-02-28 00:00:00

State-owned Titas Gas is going to issue preference shares worth nearly Tk 3.52 billion against funds received from the government to comply with a four-year-old regulatory order.In this regard, Titas Gas will hold a board meeting on March 6 for...

Islami Bank Jashore Zone holds agent banking conference

2025-02-28 00:00:00

Jashore Zone of Islami Bank Bangladesh PLC organised an Agent Banking Business Development Conference and a workshop on 'Prevention of Money Laundering & Terrorist Financing' on Thursday at Primary Teachers Training Institute Auditorium in Jashore. Obayed Ullah Al Masud, chairman...

First Security Islami Bank's 290th Board Meeting held

2025-02-28 00:00:00

The 290th meeting of the Board of Directors of First Security Islami Bank PLC was held on Wednesday at FSIB Head Office in Dhaka, with Mohammad Abdul Mannan, Chairman of the Board, in the chair. Md Azizur Rahman, Vice Chairman,...

Midland Bank opens relocated Noapara Sub-Branch in Jashore

2025-02-28 00:00:00

Midland Bank PLC (MDB) inaugurated its relocated Noapara Sub-Branch at 26 Buikara, Kalahata, Jashore-Khulna Highway, at Noapara in Jashore recently. Md. Ahsan-uz Zaman, Managing Director & CEO of the bank, inaugurated the relocated sub-branch as the chief guest along with...

Dates, an essential item for observant Muslims during Ramadan

2025-02-28 00:00:00

Dates, an essential item for observant Muslims during Ramadan, are now much in demand, as the holy month is set to begin soon. In the picture taken in Baitul Mukarram National Mosque area on Thursday, people gather at a stall...

Transport for London to provide technical assistance to DNCC

2025-02-28 00:00:00

Transport for London (TfL) will provide technical assistance to the Dhaka North City Corporation (DNCC) to enhance its transport system, reports UNB.A delegation from TfL met with DNCC Administrator Mohammad Azaz at his office in Gulshan Nagar Bhaban on Thursday.The...

EPA can boost Bangladesh-Korea trade

FE REPORT | 2025-02-28 00:00:00

An economic partnership agreement (EPA) between South Korea and Bangladesh can boost bilateral trade, Korean Ambassador to Bangladesh Park Young-sik said in Dhaka on Thursday, stressing the need for additional efforts by both countries to revive and accelerate trade growth.It...

Economy passing thru critical juncture: ICAB president

DOULOT AKTER MALA | 2025-02-28 00:00:00

The country's economy is passing through a critical juncture, struggling with both long-standing structural problems and emerging issues, Maria Howlader FCA, president of the Institute of Chartered Accountants of Bangladesh (ICAB), has said. "Though exports and remittances have shown improvements...

ADB reaffirms support for BD's sustainable development

FE REPORT | 2025-02-28 00:00:00

Country Director of Asian Development Bank (ADB) Hoe Yun Jeong reiterated the ADB's commitment to supporting Bangladesh in its journey towards sustainable development. He also said that the ADB will continue to work with International Chamber of Commerce, Bangladesh (ICCB)...

Palm oil falls on weak rival oils

2025-02-28 00:00:00

JAKARTA, Feb 27 (Reuters): Malaysian palm oil futures plunged on Thursday, snapping two sessions of gains, as weakness in rival oils and abearish outlook from industry analysts weighed down the contract.The benchmark palm oil contract for May delivery on the...

Gold falls more than 1pc as dollar firms

2025-02-28 00:00:00

Gold prices fell over 1 per cent to their lowest level in more than a week on Thursday, as the US dollar firmed, while investors awaited a key inflation print that could offer clues on the Federal Reserve's monetary policy,...

EU steel industry needs more protection

2025-02-28 00:00:00

PARIS, Feb 27 (Reuters): Europe's ailing steel sector needs to be better protected from cheap imports as current measures are insufficient, French industry minister Marc Ferracci said on Thursday.European steel producers are struggling to cope with depressed demand and an...

Oil climbs after Trump cancels Chevron's Venezuela licence

2025-02-28 00:00:00

Oil prices rose more than 1 per cent on Thursday as supply concerns resurfaced after US President Donald Trump's revoked a licence granted to US oil major Chevron to operate in Venezuela, reports Reuters.Gains were capped, however, by signs of...

Today's Matches (2025-02-28)

2025-02-28 00:00:00

More India-Pakistan games on horizon as Asia Cup gets Sept window

2025-02-28 00:00:00

India and Pakistan could be up for potentially three more clashes later in the year, possibly in the UAE again as the Asian Cricket Council (ACC) has tentatively scheduled the Asia Cup for September, reports Cricbuzz. The continental tournament, set...

BD-Pak match washed out

2025-02-28 00:00:00

RAWALPINDI, Pakistan, Feb 27 (AFP): Pakistan's last Champions Trophy group match with Bangladesh on Thursday was abandoned without a ball being bowled in Rawalpindi because of rain, ensuring the host country's title defence ended with a wet whimper.Pakistan, who won...

Skipper Shanto hopes to resolve strike rotation issue

2025-02-28 00:00:00

Bangladesh captain Najmul Hossain Shanto laid emphasis on resolving the strike rotation issue as early as possible in a bid to regain their giant tag in ODI cricket once again, reports BSS.The strike rotation issue is believed to script Bangladesh's...

Tangail, Kurigram road crashes kill two

2025-02-28 00:00:00

Two persons were killed in separate road accidents in Tangail and Kurigram districts on Thursday, reports BSSIn Tangail, a man was killed and three others were injured in a head-on collision between a truck and a battery-run auto rickshaw near...

Seven get life term for murder

2025-02-28 00:00:00

MOULVIBAZAR, Feb 27 (UNB): A Moulvibazar court on Thursday convicted seven people and sentenced them to life imprisonment for killing a man in 2021.Moulvibazar District and Session Judge Khadem Ul Kayes handed down the punishment.The lifers are-Riad Mia, Rabindra Deb,...

Flower production, sales boom in Rangpur

OUR CORRESPONDENT | 2025-02-28 00:00:00

RANGPUR, Feb 27: Ample production and sale of flowers have brought smiles to the farmers as well as traders of Rangur district this year as their income witnessed a boom in February, a month which holds special features centring round...

Japan births fall to new historic low

2025-02-28 00:00:00

TOKYO, Feb 27 (AFP): Births in Japan hit another record low in 2024, falling for the ninth-straight year as young people delay marriage while the elderly population rises, government data showed Thursday.The numbers highlight the dramatic demographic challenges facing the...

Eight perish in Philippine bldg fire

2025-02-28 00:00:00

MANILA, Feb 27 (AP): Eight people were killed in a nighttime fire in the Philippine capital region that gutted a three-story residential building early Thursday in less than an hour, officials said.The fire, which also injured at least one resident,...