Southeast Bank has held its business review meeting recently. The bank's Managing Director Nuruddin Md. Sadeque Hossain presided over the meeting. Executives from the head office, head of branches, operation managers, in-charges of sub-branches and offshore banking units participated in...
Mutual Trust Bank PLC (MTB) recently announced its unaudited financial results for the third quarter of 2024, showcasing remarkable resilience and growth. Amid an industry-wide struggle with customer confidence, MTB has demonstrated strong financial performance, driven by record breaking growth...
FE REPORT | 2024-11-08 00:00:00
Pharma Aids made a remarkable turnaround in FY24 after suffering a moderate loss in the previous year, riding on higher sales and increased selling prices.The pioneer ampoules manufacturer reported a profit of Tk 61 million in FY24, as against a...
FE REPORT | 2024-11-08 00:00:00
Premier Cement Mills is planning to issue preference shares to raise Tk 1.61 billion for prepayment of high-cost debts.The board of directors has decided to issue only 322 shares at a face value/issue price of Tk 5 million each, said...
PARIS, Nov 07 (AFP): European auto giant Stellantis said Thursday it would lay off 1,100 workers at its Jeep factory in Toledo, Ohio, in an effort to "regain its competitive edge" as it struggles with falling sales.Stellantis, a 14-brand group...
STOCKHOLM, Nov 07 (AFP): Sweden's central bank made its biggest interest rate cut since 2014 on Thursday and signalled more reductions were forthcoming to kickstart the Nordic country's economy.The Riksbank lowered its policy rate by 0.5 per centage points-twice the...
MOSCOW, Nov 07 (TASS): The price of bitcoin rose by 9.30 per cent to $76,400, updating the previous all-time high, according to Binance.However, as of 0:22 Moscow time, Bitcoin's price slowed down and stood at $75,900 (+9.24 per cent).Bitcoin is...
NEW YORK, Nov 07 (Reuters): Volkswagen will recall 114,478 vehicles in the United States on concerns over the driver-side airbag, the National Highway Traffic Safety Administration said on Thursday.The recall consists of some Beetle and Passat vehicles from model years...
The world's biggest food and beverage companies on average sell products in low-income countries that are less healthy than what they sell in high-income countries, according to a new report, reports Reuters.Products sold by companies including Nestle, Pepsico and Unilever...
Shimanto Bank signed an MoU with The Westin Dhaka recently. Under this MoU, Shimanto Bank Visa Gold and Visa Platinum Credit cardholders will enjoy 'Buy One Get One (BOGO)' on buffet menu at The Westin. Rafiqul Islam, Managing Director &...
AB Bank PLC has inaugurated a newly renovated collection booth at the National Institute of Cardiovascular Diseases (NICVD), providing a full range of modern banking services. The booth, which is under the bank's Karwan Bazar Branch, will handle all of...
ADN DigiNet Limited has launched ROBOKET, Bangladesh's first AI-powered marketing platform designed for both local and global clients. ROBOKET transforms customer engagement and campaign management through its innovative features, says a statement. A scalable solution, ROBOKET integrates marketing automation, CRM,...
FE REPORT | 2024-11-08 00:00:00
The International Internet Gateway Association of Bangladesh (IIGAB) has proposed a new tariff cut to the telecom regulator to expand Internet access. The proposal submitted recently to the Bangladesh Telecommunication Regulatory Commission (BTRC) outlines reductions across price tiers, setting a...
FE REPORT | 2024-11-08 00:00:00
The UN Trade and Development (UNCTAD) has said it will support Bangladesh's reform drive. This came as Chief Advisor's Special Envoy Lutfey Siddiqi held a series of bilateral meetings in Switzerland's Geneva this week.He met UN Trade and Development (UNCTAD)...
MONIRA MUNNI | 2024-11-08 00:00:00
Bangladesh's apparel exports to the United States during the first nine months of 2024 sustained a negative growth compared to the major competitors that are improving fast including China, Vietnam and India. The country's readymade garment exports to the US-its...
LONDON, Nov 7 (Reuters): Global solar capacity has reached a record 2 terawatts (TW) of capacity, with more added in the last two years than the previous 68 combined, exclusive data from the sector's global industry group shared with Reuters...
Gold prices rose on Thursday but traded near a three-week low, as market participants awaited an expected rate cut decision by the US Federal Reserve, reports Reuters.Spot gold gained 0.3 per cent to $2,668.23 per ounce, as of 1238 GMT,...
PARIS, Nov 7 (Reuters): Airbus delivered 62 jets in October to bring this year's total to 559, the company said on Thursday, as it chases an increasingly challenging year-end target.The latest deliveries leave Airbus with more than 200 more to...
Bangladesh Krishi Bank (BKB) Jatiyatabadi Forum paid tribute to Shaheed President Ziaur Rahman by placing a wreath at his grave in the city on Thursday on the occasion of the National Revolution and Solidarity Day. A Doa session was also...
LONDON, Nov 7 (Reuters): Oil slipped on Thursday, extending a sell-off triggered by the US presidential election, as a strong dollar and lower crude imports in China outweighed supply risks from a Trump presidency and output cuts caused by Hurricane...
KYIV, Nov 07 (AFP): Russia on Thursday demanded that Kyiv's allies enter into negotiations with Moscow in order to halt its brutish attacks on Ukrainians, as the capital fended off a large-scale drone barrage overnight.AFP journalists in Kyiv heard Ukrainian...
BEIJING, Nov 07 (Reuters): China's Premier Li Qiang expressed support for Myanmar's political reconciliation and 2025 election plans in a meeting with Myanmar junta leader Min Aung Hlaing on Wednesday, according to state media outlets.Li met army chief Min Aung...
TOKYO, Nov 07 (Reuters): Japanese Prime Minister Shigeru Ishiba hopes to meet US President-elect Donald Trump in the United States this month, four sources said, in an attempt to emulate then-Prime Minister Shinzo Abe's close ties during Trump's first term.The...
WASHINGTON, Nov 07 (BBC): Nearly a month ago, Kamala Harris appeared on ABC's The View in what was expected to be a friendly interview aimed at pitching herself to Americans who wanted to know more about her.But the sit-down was...
BERLIN, Nov 07 (BBC): Germany's governing coalition has collapsed after Chancellor Olaf Scholz fired a key minister and said he would call a vote of confidence in his government early next year.The chancellor said he had no trust in Finance...
DURBAN, South Africa, Nov 07 (AFP): South Africa start a four-match Twenty20 international series against India at Kingsmead on Friday, just over four months after the visitors beat them in the T20 World Cup final.Both squads show significant changes from...
BRIDGETOWN, Barbados, Nov 07 (AFP): Brandon King and Keacy Carty blasted centuries as the West Indies scored a series-clinching eight-wicket victory over England in the third and final game of their One-Day International series at Kensington Oval on Wednesday.Replying to...
The legendary England batsman Graham Thorpe, who died this summer, is set to be honoured through the naming of a new trophy for the winner of Test series between England and New Zealand.The two nations first played Test cricket against...
PARIS, Nov 07 (AFP): Kylian Mbappe has been left out of the France squad for their upcoming UEFA Nations League matches against Israel and Italy after coach Didier Deschamps omitted the Real Madrid superstar from his list of players named...
PARIS, Nov 07 (Reuters): French Interior Minister Bruno Retailleau on Thursday criticised the unfurling of a giant "Free Palestine" banner at a Paris Saint-Germain (PSG) soccer match, saying it was "unacceptable".However, European soccer's governing body UEFA said the club would...
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