MUNIMA SULTANA | 2024-11-15 00:00:00
The Container Company of Bangladesh Ltd (CCBL) received no response to a bid invitation for investment and development of an inland container depot (ICD) at Ghorashal in Narsingdi, making the fate of the project uncertain.According to official sources, 12 private...
FE REPORT | 2024-11-15 00:00:00
A Dhaka court has imposed travel bans on Taqsem A Khan, former managing director (MD) of Dhaka Water Supply and Sewerage Authority (WASA), and A F M Bahauddin Nasim, former Member of Parliament (MP), along with his family members.Dhaka Metropolitan...
Dhaka University (DU) unit of Jatiyatabadi Chhatra Dal (JCD) has announced its full committee comprising 242 members, reports UNB.Ganesh Chandra Roy Sahos, a student from the 2010-11 session of the university, was made the President and Nahiduzzaman Shipon, a student...
FE REPORT | 2024-11-15 00:00:00
Bangladesh Nationalist Party (BNP) Senior Joint Secretary General Ruhul Kabir Rizvi has said deposed Sheikh Hasina turned Bangladesh into a crippled state."Sheikh Hasina during her tenure has misruled the country and frightened the people," he said. "Jubo League and Chhatra...
FE Report | 2024-11-15 00:00:00
BNP leaders including ecretary general Mirza Fakhrul Islam Alamgir went to the residence of the charge d' affairs of the United States (US) Embassy to Bangladesh Megan Boldin in the capital for having a cup of tea on Thursday. Member...
Two Dhaka courts have sent former Dhaka-7 lawmaker Solaiman Salim and former lawmaker for Bhola-2 Ali Azam Mukul to jail in separate murder cases, reports BSS.A Dhaka court sent to jail former lawmaker Solaiman Salim in a case lodged over...
BNP Secretary General Mirza Fakhrul Islam Alamgir speaking at a discussion on the party's 31-point state reform proposal, held at a city hotel on Thursday, where BNP Acting Chairman Tarique Rahman was virtually present. — Focus Bangla
LONDON, Nov 14 (Reuters): The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump's US election win raises the prospect of a hike in tariffs that could deal a fresh blow to...
NEW YORK, Nov 13 (Reuters): Hedge fund manager Nelson Peltz, who backed president-elect Donald Trump this year, said the election-fueled stock market rally cannot continue uninterrupted."Trees don't grow to the sky. Definitely not uninterrupted," Peltz said at the CNBC Delivering...
BRUSSELS, Nov 14 (Reuters): Cross-border challenges are widening the gap between the output of Europeans and Americans, who have been moving ahead since the 1990s, a study by the International Monetary Fund showed.The European Union's GDP per capita measured with...
MOSCOW, Nov 14 (Reuters): Russian farmers appear to be changing their habit of withholding excess grain for better times amid low global prices, as high interest rates make it attractive to cash in and deposit money in banks at home,...
Metrocem Cement Ltd. recently hosted over 500 top-performing retailers at a two-day event, 'Vromon Utsob-2024', held in Cox's Bazar, focusing on engagement and growth. Managing Director Md. Shahid Ullah welcomed the participants, emphasising Metrocem Cement's commitment to advancing Bangladesh's infrastructure...
ACI Power Solution, a leading business unit under ACI Motors Ltd, is participating in the 26th Power Bangladesh International Expo at the International Convention City Bashundhara (ICCB) in Dhaka. The expo, which began on Thursday, will run until November 16....
The 28th Annual General Meeting of MIDAS Financing PLC was held at MIDAS Convention Centre at Dhanmondi in Dhaka on Thursday. The meeting was presided over by Abdul Karim, Chairman of the Board of Directors. Members of the Board Gulam...
The highly anticipated Daraz 11.11 shopping festival -- the Biggest Sale of the Year -- kicked off with an overwhelming response, attracting excited shoppers from across the country. The shopping festival will run until November 21, says a statement. Top...
Prime Bank recently signed a payroll agreement with Jalalabad Metal at the bank's corporate office. Under the agreement, employees of Jalalabad Metal will enjoy preferential banking services including credit card and loan facilities from the bank. They will also enjoy...
Shahjalal Islami Bank was given three prestigious awards from South Asian Federation of Accountants (SAFA). SAFA awarded the bank first prize (gold award) in the 'SAARC Anniversary Award in corporate governance category, second prize (silver award) in the 'Private Sector...
FE REPORT | 2024-11-15 00:00:00
Union Bank's overall performance has been steadily improving after the Bangladesh Bank (BB) restructured its board in August this year.The central bank on August 27 formed a five-member board of directors to operate the bank, with former Islami Bank's managing...
The government has asked the private sector to import 327,000 tonnes of rice within one month, aiming to further regulate the price of the staple food in the retail market, reports BSS.A total of 59 rice importers have already received...
Fisheries and Livestock Adviser Farida Akhter has laid emphasis on research to conserve the indigenous breeds. "Many of the indigenous breeds are now on the verge of extinction, and that is why attention should be given to prevent those from...
FE REPORT | 2024-11-15 00:00:00
Square Pharmaceuticals has experienced a marginal year-on-year decline in revenue in July-September (Q1), FY25 as sales dropped amid political unrest and floods during the period.The company's revenue fell 0.34 per cent year-on-year to Tk 17.75 billion in Q1, FY25.Still, Square...
FE REPORT | 2024-11-15 00:00:00
United Power Generation & Distribution Company posted an impressive 127 per cent year-on-year growth in profit to Tk 4.19 billion in the first quarter through September of FY25, driven by bulk power tariff hike and stable foreign exchange rates.The power...
BERLIN, Nov 14 (AFP): German industrial giant Siemens on Thursday posted a record net profit in the last fiscal year, but warned that global tariff conflicts could weigh on business in the coming 12 months.Siemens netted nine billion euros ($9.5...
US farmers struggling with slumping incomes and depressed grain prices have been switching to cheaper generic pesticides and fungicides as they plan for spring planting next year, which market analysts said could hit the bottom lines of agrichemical companies like...
Social Islami Bank held its 521st Board meeting at the bank's head office in Dhaka on Thursday. Chairman of the bank Dr M Sadiqul Islam presided over the meeting. Vice Chairman Maksuda Begum, and Directors Md Morshed Alam Khondoker and...
First Security Islami Bank PLC inaugurated Bakila Bazar Sub-Branch in Chandpur on Wednesday. Md. Abdus Salam, EVP and Head of General Services Division of the bank, inaugurated the Sub-Branch as the chief guest. Shamsul Karim Mazumder, Head of Cumilla Zone,...
Islami Bank Bangladesh PLC achieved Visa Payment Excellence Awards-2024 in three categories. The bank won the awards in 'Excellence in Consumer Cards-Debit', 'Excellence in Islamic Banking Cards' and 'Excellence in E-Commerce Payments' categories. Md Maznuzzaman, Mohammad Rezaul Karim and Md...
M Khorshed Anowar, DMD and Head of Retail and SME Banking, Eastern Bank PLC. (EBL), formally inaugurates a sub-branch of the bank at Lake Drive Road at Sector 7 of Uttara in the city on Thursday. EBL Branch Area Head-Dhaka...
The 128th meeting of the Executive Committee of Modhumoti Bank PLC was held at the bank's Head Office in Dhaka on Thursday. The meeting was presided over by EC Chairman Salahuddin Alamgir. Among others, Mohammad Ismail Hossain, Nemai Kumar Saha,...
Midland Bank has implemented a cutting-edge ATM & POS Reconciliation System in partnership with Flora Systems, based in Dhaka, and Thinkprise Solutions Pvt. Ltd., headquartered in Chennai, Tamil Nadu, India. This new system will streamline the bank's daily transaction reconciliation...
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