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November 10, 2022 - Sharfuddin Iqbal, Chief Commercial Officer (CCO) of Swish Global, inaugurates its first shower enclosure with smart door technology at a function held at Bangabandhu International Conference Centre (BICC) on Tuesday. Other senior officials of the company were present.
November 10, 2022 - Coca-Cola (BD) gets new MD
November 10, 2022 - Zabed Amin, DMD of Padma Bank Limited and Md. Rafiqul Islam, CEO of Rico International, exchange documents after sign an agreement at the consultancy office in the capital on Tuesday. Under the deal, Rico International students shall be served with priority services ranging from account opening to remittance and beyond at the bank’s specialized Student Care Centers and branches through dedicated relationship managers. Top officials from both sides were present.
November 10, 2022 - Kali Cheron, Chief Financial Officer of Rangs Electronics Limited (REL) andFarzana Sharmeen, Head of IPDC Finance Limited, exchange documents after signing an agreement at IPDC’s corporate head office in the capital recently. Under the deal, consumers across the country will have the facility to purchase electronics products with installments facility of up to 12 months under IPDC Easy. Top officials from both sides were present.
October 29, 2022 - Shahriyar made CEO of PICL
October 29, 2022 - Dr. H.B.M. Iqbal, Chairman of Premier Bank Limited, celebrates the bank’s 23th founding anniversary programme by cutting a cake at its head office in the capital on Wednesday. M Reazul Karim, Managing Director & CEO, BH Haroon, MP, M Imran Iqbal, Jamal G Ahmed, Nahyan Haroon, Directors, Kaiser A. Chowdhury, Naba Gopal Banik, Independent Directors and Muhammed Ali, Advisor of the bank were present.
October 29, 2022 - AB Bank Limited signed an agreement with Jamuna Electronics and Automobiles Limited under which AB Bank cardholders will enjoy EMI facilities @0% up to 36 months. Syed Mizanur Rahman, DMD of AB Bank Limited and Md. Sazzadul Islam, Head of Business, Jamuna Electronics and Automobiles Limited signed the agreement on behalf of their respective organisations. Senior officials of both the organisations were also present at the ceremony.
September 29, 2022 - Sheikh Hasina is now world leader: Hasan
September 29, 2022 - PM’s 76th birthday celebrated amid festivity, enthusiasm
September 29, 2022 - Emranul Huq, Managing Director and CEO of Dhaka Bank Limited along with Professor Niaz Ahmed Khan, Ph.D, Pro-Vice Chancellor of Independent University, Bangladesh (IUB), launches a prepaid card product called Aspire Student Prepaid Card in association with VISA at IUB campus in the city recently. The Aspire Student Prepaid Card can be availed by any students of Bangladesh having a valid Student ID supported by Guardian Documents from any branches, online application and student banking unit of the bank.
September 29, 2022 - Noor -E- Hafza, Chairman, Board of Directors of Sonali Life Insurance Company Limited (SLICL), presides over its 9th AGM held on Wednesday. The AGM approved 15 percent cash dividend for its shareholders year ended on December 31, 2021. Directors and senior officials of the company were present.
September 29, 2022 - Noor-E-Alam Chowdhury, Chief Whip of Bangladesh Parliament, inaugurates the 386th branch of Islami Bank Bangladesh Limited as chief guest at Shibchar in Madaripur on Wednesday. Mohammed Monirul Moula, Managing Director & CEO, Md. Altaf Hossain, DMD, Miftah Uddin, SEVP and Md. Abdus Sobhan, EVP of the bank, were present.
September 29, 2022 - Sumon Morshed, Managing Director of Finery Group, inaugurates its 20th anniversary at its office in the capital on Wednesday. Officials and employees of the company were present.
September 29, 2022 - NFBIs demand withdrawal of cap on deposit interest
September 25, 2022 - PM calls ‘tragic’ rich nations response to climate issue
September 25, 2022 - World Bank to publicise Bangladesh’s dev success
September 25, 2022 - ‘Time is up’: Countries trapped in climate crisis raise alarm at UN
September 25, 2022 - Rising risk of global recession
September 25, 2022 - Energypac win RESCM award
September 25, 2022 - UFIL gets new DMD
September 25, 2022 - NRBC Bank wins six prizes as best bank in South Asian Business Excellence Awards
September 25, 2022 - GP trials 5G in all divisional cities
September 25, 2022 - Extend tenure of trade licences to 5 years: MCCI
September 25, 2022 - City Bank Capital moves to its new corporate head office
September 19, 2022 - Free, fair polls only held in AL govt periods, PM tells BBC
September 19, 2022 - Feroz Hossain made Exim Bank MD
September 19, 2022 - Nasimul Baten, Managing Director and CEO of DBH Finance PLC, inaugurates its 14th branch at Station Road in Rangpur city recently. AKM Tanvir Kamal, DMD and Head of Credit, Saiyaf Ejaz, Head of Administration and Recovery, Md Zakaria Eusuf, Head of Loan Operations, Sabed Bin Ahsan, Head of Deposits, Business Planning and Alternate Channels and other officials of the company, were present.
September 19, 2022 - Ruhul Amin re-elected as Risk Management Committee chairman of NRB Bank
September 19, 2022 - Niranjan Chandra Debnath, DMD of Sonali Bank Limited, Dr. Dewan Muhammad Humayun Kabir, Project Director of Aspire to innovate and Md. Samawat Ullah, Managing Director of Olivine Limited, exchange document after signing a tri partisan deal to collect the citizens fees and charges under Online Councilor Certificate System through the Sonali Payment Gateway at the bank’s head office in the capital on Sunday. Other senior officials from respective sides were present.
September 19, 2022 - Showing trade license not mandatory for small traders to open bank accounts
Britain votes to leave EU, PM resigns

Britain votes to leave EU, PM resigns

LONDON: Britain voted to break away from the European Union, toppling Prime Minister David Cameron and dealing a thunderous blow to the 60-year-old bloc that sent world markets plummeting on Friday.

Cameron announced he would step down to make way for a new leader by early October after voters opted to exit the 28-nation alliance in defiance of his predictions of economic disaster and isolation.

Britons, many of them worried by immigration, decided 52 percent to 48 percent in favour of quitting the bloc, a margin of more than one million votes, according to final results from Thursday’s referendum.

“The British people have voted to leave the European Union and their will must be respected,” Cameron said, as the shockwave of their decision sent sterling, global stocks and oil prices plummeting.

Britain will be the first country to leave in the history of the EU, the culmination of decades of suspicion over European aims of creating an ever-closer political union.

The result — after a deeply polarising and often vitriolic campaign — also threatens the very unity of the United Kingdom, with Scotland unwilling to follow the rest of the country out of the EU.

The Conservative prime minister promised to try to “steady the ship” over the next few months but said a new leader should be installed by early October.

“I do not think it would be right for me to try to be the captain that steers our country to its next destination,” he said outside his official Downing Street residence in London.

The bookmakers’ favourite to replace him is former London mayor Boris Johnson, a rival from within his ruling Conservative Party who was the “Leave” camp figurehead.

– ‘Independence day’ –

“Let June 23 go down in our history as our independence day,” said top anti-EU campaigner Nigel Farage, leader of the UK Independence Party, who had promised Britons the chance to retake power from Brussels and rein in high immigration.

“We’ve done it! We’ve won!” anti-EU campaigners shouted at the festivities in an office block in Westminster, popping open champagne bottles as “Leave” victories flowed in. “Out! Out! Out!”, they chanted as dawn broke.

Immigration and an erosion of financial security have become rallying cries for populists across Europe, just as they have for Donald Trump’s campaign in the US presidential election.

Trump hailed the British vote as he arrived in Scotland to unveil a refurbishment of his Trump Turnberry golf course, shortly after the results became clear. “I think it’s a great thing. I think it’s a fantastic thing,” he told reporters.

– ‘Madhouse’ –

The result of the vote sent sterling collapsing 10 percent to touch a 31-year low of $1.3229. European stock markets dropped around eight percent at the opening bell. British banking shares lost a quarter of their value in morning trade.

The Bank of England promised to take “all necessary steps” to secure market stability.

“It’s a madhouse in here. It has been a bloodbath. Carnage,” said David Papier, head of sales trading at foreign exchange house ETX Capital in London.

Voters appeared to have to shrugged off warnings that a Brexit would create a budget hole requiring spending cuts and tax increases once they lose unfettered trade access to the EU.

Their decision will reawaken fears of a domino-effect ripple of exit votes in eurosceptic member state that could imperil the integrity of the bloc, already struggling with twin economic and refugee crises.

Dutch far-right MP Geert Wilders and French National Front leader Marine Le Pen immediately called for referendums on EU membership in their own countries.

“The eurosceptic genie is out of the bottle and it will now not be put back,” Farage said.

The referendum means the world’s fifth-largest economy must now go it alone in the global economy, launching lengthy exit negotiations with the bloc and brokering new deals with all the countries it now trades with under the EU’s umbrella.

– ‘Sad day’ –

European Commission chief Jean-Claude Juncker has warned the EU will “not be bending over backwards” to help Britain in those negotiations. Analysts say it could take the island nation a decade to secure new trade accords worldwide.

“It looks like a sad day for Europe and the United Kingdom,” German Foreign Minister Frank-Walter Steinmeier said on Twitter.

In a worst-case scenario, the International Monetary Fund has warned that the British economy could sink into recession next year and overall economic output would be 5.6 percent lower than otherwise forecast by 2019, with unemployment rising back above six percent.

Thousands of jobs in the City could be transferred to Frankfurt or Paris, top companies have warned. The Brexit camp argued that the business world will adapt quickly, however, with Britain’s flexible and dynamic economy buoyed by new economic partners and selective immigration.

– Split in two –

The campaign has left Britain riven in two, marked by the brutal murder of pro-“Remain” British lawmaker Jo Cox, a mother of two who was stabbed, shot and left bleeding to death on the pavement a week ahead of the vote.

Two years after Scotland voted in a referendum to remain in the United Kingdom, its political leader First Minister Nicola Sturgeon has said a new independence vote is “definitely on the table” after Britain voted against the majority will expressed by Scots.

“Scotland sees its future as part of the EU,” Sturgeon told television news after the vote.

Northern Ireland, which is part of the United Kingdom, is now faced with the prospect of customs barriers for trade with EU-member the Republic of Ireland. Irish republicans Sinn Fein called for a vote on Irish unity following the referendum.

Leaders of the European Union, a bloc born out of a determination to forge lasting peace after two world wars, will open a two-day summit on Tuesday to grapple with the British decision.

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