FE REPROTThe Bangladesh Economic Zones Authority (BEZA) looks to ensure social and environmental sustainability across a vast region surrounding its flagship economic zone (EZ) in Chattogram.It has been conducting a major study to understand the impact of vast industrial city...
BNP Acting Chairman Tarique Rahman turned 60.Tarique, the eldest son of BNP founder Ziaur Rahman and its Chairperson Khaleda Zia, was born on November 20, 1965 in Bogura, reports UNB.Following Tarique's instructions, the BNP has decided not to hold any...
Serajul I Bhuiyan | 2024-11-21 00:00:00
Dr Muhammad Yunus, the globally renowned Nobel Laureate and the head of Bangladesh’s interim government, recently delivered a historic speech commemorating the first 100 days of his administration. At the heart of his address was the contentious issue of the...
In Bangladesh, alongside banks, there exists a vast network of informal lenders who offer quick loans without the paperwork or restrictions that banks require. While convenient, these informal loans come with high-interest rates that can quickly trap borrowers in a...
The Indian stock exchange outperforms the Bangladeshi stock market in terms of scale, diversity, and investor trust. India's Bombay Stock market (BSE), Asia's oldest, currently has an index value of 77,580.31 points, whereas the Dhaka Stock Exchange (DSE) index is...
MIR MOSTAFIZUR RAHAMAN | 2024-11-21 00:00:00
Creating a business-friendly environment in Bangladesh has been a persistent challenge for decades. One does not need to be an expert to recognise the barriers, starting from pervasive corruption to bureaucratic inefficiencies, entrepreneurs face. Despite repeated promises made by successive...
Atiqul Kabir Tuhin | 2024-11-21 00:00:00
The US-based international credit rating agency, the Moody's on Monday lowered Bangladesh's long term credit rating from B1 to B2, citing lingering political uncertainty, deteriorating law and order and weak domestic demand. The B2 rating, classified as "highly speculative," signals...
The latest credit rating of Bangladesh — a demotion from B1to B2 — by the Moody's Investors Service (popularly known as Moody's) has indeed aroused some amount of concern in areas of investment, external trade and private sector foreign borrowing....
Syed Badrul Ahsan | 2024-11-21 00:00:00
President Biden's decision to supply long range missiles to Ukraine in its war with Russia is clearly a move toward an escalation of the conflict. The missiles, capable of hitting targets as far away as 190 miles, are a new...
AGRANI BANK HOLDS VIEW-EXCHANGE MEETING IN RAJSHAHI Agrani Bank PLC held a view-exchange meeting on 'Uddipta Jatra', a 58-day special campaign aimed at boosting loan recovery activities, at a convention hall in Rajshahi on Wednesday. The bank's Chief Executive Officer...
Trust Bank and Tropical Homes sign deal An agreement has been signed between Trust Bank PLC and Tropical Homes Limited to initiate Home Loan for customers of both parties. Md. Mahboob Hossain, SEVP of Business Division of Trust Bank, and...
Md Jashim Uddin Md Jashim Uddin, a reputed banker, has joined Bangladesh Development Bank PLC as Managing Director and CEO on Wednesday, says a statement. The Financial Institutions Division of the Ministry of Finance has recently appointed him. Prior...
Nazimuddin Shyamol | 2024-11-21 00:00:00
CHATTOGRAM, Nov 20: Chairman of the Chittagong Port Authority (CPA) Rear Admiral SM Moniruzzaman revealed that efforts are underway to eliminate the syndicate system and monopoly practices at the port. As part of the crackdown, 23 licences of operators had...
Kevin Bai, Assistant President of Gree Global, along with other delegates from Gree HQ, China, is scheduled to arrive in Bangladesh tomorrow, says a press release. Kevin BaiDuring his four-day stay, he will attend Gree Business Meet 2025 to...
MIRPUR WOMEN BRANCH of ISLAMI BANK EXPANDS PREMISES The Mirpur Women Branch of Islami Bank Bangladesh PLC inaugurated its expanded premises and hosted a client gathering at the branch on Wednesday. Md. Omar Faruk Khan, additional managing director of the...
FE REPORTGlobal fashion company Phillips-Van Heusen (PVH) Corporation hosted a job fair recently in collaboration with US Agency for International Development (USAID) and Cooperative for Assistance and Relief Everywhere (CARE) to boost job opportunities for women in the country's readymade...
NCC BANK HOSTS FINANCIAL LITERACY TRAINING FOR WOMEN NCC Bank PLC in collaboration with the Department of Youth Development (DYD) organised a three-day training on 'Financial Literacy & Technical Skill Development for Women Empowerment' in Bogura recently. Dr Gazi Md...
A three-day Bangladesh Jewellers' Association (BAJUS) Fair-2025 will be held in the capital on February 6-8, 2025.A total of 50 jewellery houses are expected to take part in the 4th edition of the fair to be held at the International...
FE REPORTCommerce Adviser Sk Bashir Uddin is in favour of liberal trade policies aimed at maintaining a balance between the country's supply and demand."We want to build trade ties with all. Whether it is India or China or Pakistan, that...
Most stock markets in the Gulf were subdued on Wednesday as investors turned cautious amid simmering geopolitical tensions, although Dubai index hit an over 10-year high on finance and real estate sector gains, reports Reuters.The Abu Dhabi benchmark index eased...
Prime Bank signs agreement with Concord Architects Prime Bank PLC has recently signed an agreement with Concord Architects & Interior Decor Limited at the bank's corporate office. Under this agreement, Prime Bank cardholders are set to enjoy exclusive benefits on...
BRAC Bank's deposit grew by Tk 100 billion in the first 10 months of the year despite a challenging environment, showcasing the bank's strong market presence and customer trust, according to a press release.To celebrate this achievement, a special event...
SOUTHEAST BANK DISTRIBUTES FUND TO SUPPORT FARMERSSoutheast Bank extended financial support from its corporate social responsibility fund so that farmers can boost yields, purchase equipments and process their produce. Mr. Nuruddin Md. Sadeque Hossain, the bank's managing director, distributed the...
FE REPORT | 2024-11-21 00:00:00
Minhaz Mannan Emon, managing director of BLI Securities, has been elected uncontested as a shareholder-director of the Dhaka Stock Exchange (DSE) for the next three years.Mr Emon will be replaced by Sharif Anwar Hossain, managing director of Sahidullah Securities, who...
FE REPORT | 2024-11-21 00:00:00
BD Thai Food & Beverage has performed poorly since its listing in January 2022, with its profit plunging to rock bottom in FY24, thanks to an "unusual" loss in the final quarter. It reported a profit of Tk 38.88 million...
JUBAIR HASAN | 2024-11-21 00:00:00
Pubali Bank PLC has become successful in controlling the burden of non-performing loans (NPLs), thanks to its unique policy of robustly assessing the personal lives of borrowers apart from their business turnover before approving loans.This pre-loan approval measure worked well...
FE REPORT | 2024-11-21 00:00:00
The daily trade turnover on the Dhaka Stock Exchange (DSE) tumbled below Tk 4 billion on Wednesday after three weeks as investors were mostly reluctant to make fresh bets on stocks amid macroeconomic concerns.Turnover, a crucial indicator of the market,...
Bangladesh's newly appointed senior assistant coach Mohammad Salahuddin will look after the team's batting department in West Indies tour, reports BSS.He will replace David Hemp who did not travel with the team to the Caribbean Island.Hemp is in now Bangladesh...
Bangladesh tennis team got off to a losing start as they suffered a 3-0 defeat to host Bahrain in their opening group D match of the '2024 Davis Cup Asia/Oceania Group-5' tennis tournament held on Wednesday in Isa Town, Bahrain,...
The Bangladesh Cricket Board (BCB) President Faruque Ahmed on Wednesday handed over a cheque for Tk 2.0 million (20 lakh) to Bangladesh Women's football team, reports BSS.The cheque was given in recognition of the SAFF Women's Championship 2024 triumph. Captain...
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