Agency : Xavi Hernandez ended his two-and-a-half years as coach of FC Barcelona ended with a win as goals from Robert Lewandowski and Fermin Lopez gave his side a 2-1 win away to Sevilla on Sunday evening in LaLiga. It was fitting that Lopez, who has been one of the successes of Xavi’s management this season, scored the winning goal just before the hour. Youssef En-Nesyri leveled for Sevilla after half and hour, but Lopez’s second-half strike meant Xavi could...
Day: May 28, 2024
Business Report : Canadian Deputy Minister of International Development Christopher MacLennan on Sunday highly appreciated Bangladesh’s economic progress over the...
Business Report : Aman Cotton Fibrous Ltd reported a 91 percent year-on-year decline in losses in January-March 2024. The loss stood at Tk 60.49 lakh in the third quarter of the financial year, down significantly from Tk 6.95 crore. As a result, the loss per share declined to Tk 0.06 from Tk 0.69. In a filing on the Dhaka Stock Exchange, the yarn manufacturer attributed an 11.13 percent price decline of raw cotton, the key production material, and a 3.4...
Business Report : Standard Ceramic Industries Ltd’s loss increased by 60 percent year-on-year in January-March of 2024 as higher production costs and the taka’s rapid deprecation weighed on its bottom line. The ceramic maker reported a loss of Tk 2.1 crore in the first quarter, up from Tk 1.31 crore. Thus, the loss per share was Tk 3.26 against Tk 2.03, according to a filing on the Dhaka Stock Exchange. Standard Ceramic said that an overall dull economic condition due...
Business Report : The government has appointed Md Jahidul Islam Bhuiyan, additional secretary to the Prime Minister’s Office, as the new Managing Director (MD) and CEO of Biman Bangladesh Airlines, a notification said. The public administration ministry issued the notification regarding this appointment on Sunday. After working in various positions at the field level, Bangladesh Civil Service-BCS (Administration) 18th batch officer, Bhuiyan has served in the industry, commerce and expatriate welfare ministry. He also served as the first secretary (Labor)...
UNB, Khulna : Over 100 shrimp enclosures in Khulna’s Koyra, Dacope and Paikgacha upazilas were washed away by tidal surges after cyclone Remal struck the Bangladesh coast on Sunday night . Besides, at least 30 villages were inundated after the collapse of dams in 9 places in these upazilas. Liaqat Ali, deputy assistant engineer of Water Development Board, said efforts were made to repair the vulnerable dams with the help of local people and contractors after receiving the warning signal...
Agency : Bangladesh leg-spinner Rishad Hossain has expressed his ambition to become the leading wicket-taker in the upcoming ICC T20 World Cup, starting on June 2. Rishad, poised to make his debut in the T20 World Cup, will serve as Bangladesh’s specialist leg-spinner, fulfilling a long-standing need for the team. At just 21 years old, Rishad has already taken 15 wickets in 17 T20Is, boasting an economy rate slightly above seven. “Of course, as a bowler I want to see...
Business Report : Pharma Aids, a pioneer in glass ampoule manufacturing for the pharmaceutical industry in Bangladesh, plans to set up a new facility on the outskirts of Dhaka to increase its production capacity. To facilitate this, the company plans to purchase 103 decimals of land adjacent to the Nabinagar-Chandra Highway in Gazipur, with an investment of Tk11.38 crore, excluding registration and related costs, according to a disclosure on Sunday. “There is a high market demand for these ampoules. However,...
Business Report : Bangladesh’s readymade garment (RMG) exports to the European Union reached $19.90 billion during July-April of FY24, marking a 3.66% increase compared to the same period in the previous fiscal year, according to the latest statistics from the Export Promotion Bureau (EPB). Mohiuddin Rubel, director of BGMEA, highlighted specific growth figures in various EU markets. Exports to Spain, France, the Netherlands, Poland, and Denmark saw increases of 6.07%, 3.42%, 17.51%, 20.65%, and 32% respectively. However, apparel exports to...
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