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Business Desk :The stock market regulator has given consent to Intraco Refueling’s proposal to raise Tk50 crore through the issuance of a seven-year coupon-bearing bond. In an official consent letter, the Bangladesh Securities and Exchange Commission (BSEC) specified that the bond’s coupon rate is fixed at 7%, ensuring semiannual payouts to investors. Additionally, the bond carries the option for full conversion into the ordinary shares of the company at the discretion of the investor. Breaking down the allocation, BSEC earmarked...
Business Desk :DSEX, the key index of the Dhaka bourse, witnessed an upturn session as investors poured funds into the insurance shares on Monday. Although in the first hour of the day, the market observed sell pressure which plunged the key index of the Dhaka Stock Exchange (DSE). After that, bargain hunters came into the market and injected their funds into the insurance shares, which helped the index turn around from its downfall. Market insiders said, due to investors’ quick...
Business Report :Non-life insurance companies in Bangladesh will be able to collect premiums through mobile financial service (MFS) providers as the Insurance Development and Regulatory Authority (Idra) looks to facilitate the use of modern technologies in the industry. In a circular yesterday, the regulator said a company can use a maximum of 10 corporate SIMs registered in its name to collect premiums. And those SIMs must be approved by the Idra. Such premiums must be transferred to one of the...
Business Desk :Funds are set to be costlier as the regulator raises the benchmark rate Smart by 1.41- percentage points to 7.2% from July’s 7.1%, with large-scale industries having to pay the highest. Bangladesh Bank (BB) data published on Sunday show the latest benchmark lending rate. The central bank of Bangladesh prepares the Smart based on the treasury yields. Commercial banks use it as their benchmark rate or reference rate for fixing lending rates to be charged from borrowers. The...
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AFP  :California Governor Gavin Newsom on Sunday appointed women’s rights campaigner and former labor union leader Laphonza Butler to the United States Senate, filling the vacancy left by the death of Dianne Feinstein. “I’m proud to announce California’s new United States Senator-Laphonza Butler,” Newsom posted on social media platform X, lauding the new senator for her work “fighting for women and girls” and working people. Butler will make history by becoming the first Black lesbian to openly serve in the...
AFP  :Brazilian President Luiz Inacio Lula da Silva returned to his official residence on Sunday, just two days after a hip replacement operation, his office announced. Lula, 77, “is at the Alvorada Palace” where he will continue his recovery, the president’s office told AFP. The veteran leftist leader later posted on X, formerly Twitter, that he would “work for the next few weeks” from the residence. “Thank you for the prayers and messages of affection,” he said, adding jokingly that...
Reuters :British Prime Minister Rishi Sunak said on Sunday there were no immediate plans to deploy military instructors to Ukraine, rowing back from reported comments by his defence minister that he wanted to begin training Ukrainian troops in the country. To date, Britain and its allies have avoided a formal military presence in Ukraine to reduce the risk of a direct conflict with Russia. British defence minister Grant Shapps, who was appointed to the role last month, said in an...
Entertainment Desk :Yesterday was the 59th birthday of popular singer Faruq Mahfuz Anam James. His fans, friends, co-artistes and well-wishers sent their greetings to the artiste on occasion. James, also...
Sheikh Arif Bulbon  :Aysha Rahman Monica is at a time a presenter, model and TV actress. She has worked as a model in many TV commercials as well as acted...
Known for her roles in movies like ‘Jannat 2’, ‘Rustom’ and the web series ‘Aashram 3’, Esha Gupta, has bravely shared her distressing encounters with the casting couch in Bollywood,...
Entertainment Report :The gorgeous Sunerah Binte Kamal announced her next movie on her official Facebook account recently. She posted a picture of the script along with the caption, “My next...
AFP, Milan :Romelu Lukaku helped Roma to only their second win of the Serie A season as the Belgian striker scored in a 2-0 victory over Frosinone on Sunday, while Juventus laboured to a goalless draw at Atalanta. Lukaku grabbed his third goal in five league games for Roma after latching onto a clever pass from Paulo Dybala midway through...
Bangladesh captain Shakib Al Hasan is 100 percent fine and available to lead the side in their World Cup opening game against Afghanistan on October 7 at Dharamshala. Najmul Hossain Shanto, the vice-captain of the Tigers, disclosed the information during the toss of Bangladesh’s second and final warm-up game against England on Monday at Barsapara Cricket Stadium in Guwahati. “Shakib Al Hasan is 100 percent fine and ready to lead the side in the first game,” Shanto told the broadcaster...
Agency : Bangladesh are set to begin the 19th edition of the Asian Games cricket tournament with the quarterfinal match against Malaysia. Saif Hassan will lead the 14-member side which includes players like Afif Hossain, Yasir Ali Rabbi, Mahmudul Hasan Joy, and Mrittunjoy Chowdhury. Opening batter Saif also captained the Bangladesh team in the Emerging Asia Cup in Sri Lanka....
Agency :North Korea maintained an eye-catching display in weightlifting at the Hangzhou Asian Games on Monday (Oct 2) when Kim Il Gyong lifted 111kg, setting a world record for the snatch on her way to gold in the women’s 59kg category on day eight of competition. Kim’s lift, achieved with the 20-year-old’s third snatch of the women’s final, thus eclipsed...
Campus Life : Jointly organized by the NSU School of Health Science and the University of North Carolina (UNC), Chapel Hill, USA, a certificate course titled “Analytics & Machine Learning Techniques for Maternal and Health Interventions” was held at the NSU campus on 17 July, 2023. The event aimed to explore the applications of machine learning in improving maternal healthcare and brought together renowned experts and professionals in the field.The lead speaker at the event was Dr. Javed Mostafa, an...
Debbie Peterson :The idea that the choices leaders make will carry into...
Campus Report : The UAP Law Orators Debating Club (UAPLODC) is committed to the development of a debating community among the students of the Department of Law and Human Rights at the University of Asia Pacific (UAP). In addition to fostering creativity via debating, the club’s objectives include sharing and critiquing the work of peers; develop excellent oral and written communication skills, excellent critical thinking skills, and effective tools for research, organization and presentation. Debate helps students become more interested...
Campus Desk : Over 20 students of ULAB Radio CampBuzz of the University of Liberal Arts Bangladesh (ULAB) took part in a workshop on creating successful podcasts.Oleg Dmitriyev, an advisor at the Sputnik International News Agency and Radio, held the latest session of the SputnikPro project for future journalists in the online format, says a press release issued on Sunday.The participants thanked Sputnik for the relevant and diverse content.The students were interested in various issues, such as picking a subject,...
Campus Desk : A Memorandum of Understanding (MoU) between the Department of Geography and Environment of Dhaka University (DU) and Bangladesh Red Crescent Society (BDRCS) was signed today January 31, 2023 at the VC’s Lounge to share knowledge through research, innovation and training. Vice-Chancellor of DU Prof. Dr. Md. Akhtaruzzaman presided over the signing ceremony. Treasurer of DU Prof. Mamtaz Uddin Ahmed and Secretary General of BDRCS Kazi Shofiqul Azam signed the MoU on behalf of their respective institution. Chairman of...