TURIN, Italy, Nov 12 (AP): Jannik Sinner was awarded the trophy for finishing the year at No. 1 in the rankings before his home fans at the ATP Finals on Monday.Sinner won the Australian Open and US Open for his...
LAHORE, Nov 12 (Geo Tv): The Pakistan Cricket Board (PCB) has written to the International Cricket Council (ICC) seeking reasons behind India's refusal to cross the border to play the Champions Trophy in Pakistan, sources told Geo News on Tuesday.The...
FIFA President Gianni Infantino has accepted an invitation from Chief Advisor Muhammad Yunus to join the Youth Festival in Bangladesh in January, reports bdnews24.com.Infantino is among several global leaders and key officials who met the chief advisor on the sidelines...
NEW YORK, Nov 12 (AFP): Beleaguered aviation giant Boeing reached a last-minute settlement Monday with the family of a woman killed in the crash of a 737 MAX jetliner in 2019, averting a federal civil trial.Three sources close to the...
Gold prices dipped 1 per cent to their lowest levels in nearly two months on Tuesday as the US dollar soared ahead of economic data and comments from Federal Reserve officials that could shed light on the interest-rate path under...
ZHUHAI, China, Nov 12 (Reuters): European planemaker Airbus defended free trade on Tuesday as the aerospace industry faces a growing cluster of economic tensions.The CEO of the planemaker's China operations said Airbus was "very much pro free trade" and its...
Dhaka Regional Committee of the Institute of Chartered Accountants of Bangladesh (DRC-ICAB) and the Bangladesh Chartered Accountancy Chhatra Parishad (BCACP) celebrated the International Accounting Day on November 10. On the occasion, a quiz contest was held for the students of...
The fifth meeting of the Board of Directors of Shippers' Council of Bangladesh (SCB) was held on Tuesday at its office at Dhanmondi in Dhaka, with its Chairman Md. Rezaul Karim in the chair. The meeting approved the minutes of...
Janata Bank Staff College, Dhaka organised a 30-day 'Foundation Course for Officers' that began on Monday. Managing Director of Janata Bank PLC Mazibur Rahman inaugurated the course. Some 50 officers of the bank are taking part in the course.
Oil prices steadied on Tuesday, recovering from a 5 per cent drop over the previous two sessions, as investors absorbed OPEC's latest downward revision for oil demand and market's disappointment over China's latest stimulus plan, reports Reuters.Brent crude futures rose...
MUMBAI, Nov 12 (Reuters): Indian wheat prices have jumped to a record high due to strong demand, limited supplies, and a delay in the government releasing stocks from its warehouses to augment supplies, industry officials said on Tuesday.The record prices...
Kazi Farms hosted its 28th Annual Agent Conference at Hotel Sea Palace in Cox's Bazar recently. Dr Mohammad Rezaul Haque, Director General, Department of Livestock Services, was present as the chief guest while Kazi Zahedul Hasan, Managing Director, Kazi Farms,...
AB Bank PLC recently organised a daylong training programme on 'Prevention of Trade Based Money Laundering' for its officials of AD Branches and Head Office. The training programme was attended by Mohammad Mokter Hossain, Additional Director of Bangladesh Financial Intelligence...
Eastern Bank PLC (EBL), a leading private sector financial institution, has secured a $35 million loan from the OPEC Fund for International Development, says a statement. The loan aims to strengthen Bangladesh's economic resilience by enhancing access to finance for...
PATUAKHALI, Nov 12 (UNB): One unit of the Payra 1320 MW Thermal Power Plant in Patuakhali will remain out of service for the next two months for essential maintenance, according to plant officials.The scheduled shutdown of Unit 2, which began...
BRAC Bank's consolidated net profit after tax (NPAT) registered a growth of 74 per cent year-on -year (YoY) to reach Tk 10.11 billion during the first nine months of 2024. On a standalone basis, the bank saw a NPAT growth...
FE REPORT | 2024-11-13 00:00:00
Newly-appointed Commerce Advisor Sk Bashir Uddin has expressed hope that the proposed Economic Partnership Agreement (EPA) will brighten trade prospects between Bangladesh and Japan. It would open new doors of opportunities for Bangladesh, he said during a courtesy meeting with...
The International Fund for Agricultural Development (IFAD), a UN specialised agency and international financial institution, has both increased and exceeded its goals in delivering financing to rural and vulnerable populations, reports UNB.This achievement comes at a time when the transformation...
The Bangladesh Microinsurance Market Development Programme (BMMDP), funded by the Embassy of Switzerland in Bangladesh and implemented by Swisscontact, has launched two key initiatives aimed at boosting climate resilience. The Udoy Climate Microinsurance Innovation Fund and the Abhoy Climate Risk...
FE REPORT | 2024-11-13 00:00:00
Bangladesh's informal textile waste management system must be formalised to align with the European Union's (EU) sustainable product regulations, experts said on Tuesday during a discussion aimed at improving the country's ready-made garment (RMG) industry.The discussion was titled to be...
Social Islami Bank's reconstituted board, under the guidance of Bangladesh Bank, has reformed the Shari'ah Supervisory Committee of the bank. The reformed committee held its first meeting at the bank's head office on Monday. At the meeting, Mufti Mahfuzul Haque...
The 401st Board Meeting of Shari'ah-based Standard Bank PLC was held at its Head Office in Dhaka on Tuesday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Director & Founder Vice Chairman Kamal Mostafa Chowdhury,...
NEW YORK, Nov 12 (Reuters): Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates.Payouts will probably rise after financiers...
NEW YORK, Nov 12 (Reuters): Investors are piling into bullish options bets on Tesla shares, with the stock hitting its highest level in more than two years on bets that CEO Elon Musk's close ties to President-elect Donald Trump may...
The Business Review Meeting-2024 for Barisal and Khulna regions of Mercantile Bank was held at Hotel Grand Park, Barisal recently. The heads of 17 branches, including sub-branches in Barisal and Khulna, participated in the conference. Md. Quamrul Islam Chowdhury, managing...
Southeast Bank recently conducted a capacity development workshop on retail products, marketing techniques and related risk management, aiming to ensure prompt and effective customer services. The bank launched its campaign 'Hit & Win' last month to attract deposits and provide...
FE REPORT | 2024-11-13 00:00:00
Pubali Bank got regulatory permission to issue subordinated bonds worth Tk 4 billion for strengthening its Tier- II capital base under Basel-III norms.The Bangladesh Securities and Exchange Commission (BSEC) gave its consent on Tuesday for the issuance of the bonds,...
FE REPORT | 2024-11-13 00:00:00
Despite a significant year-on-year jump in revenue, Olympic Industries' profit grew less than 1 per cent to Tk 565 million in the first quarter of FY25 amid much higher operating expenses.The country's leading biscuit manufacturer's earnings per share (EPS) stood...
FE REPORT | 2024-11-13 00:00:00
Meghna Petroleum secured a profit of Tk 5.42 billion in FY24, the highest since its 2007 listing and a 23 per cent increase year-on-year, as income from bank deposits escalated amid the rising interest rate.The state-run petroleum marketer's earnings per...
FAIRUZ BORSHA | 2024-11-13 00:00:00
The bakery market in Bangladesh has been experiencing a rapid transition over the years. Once, the industry used to be dominated by traditional sweet shops and family-run bakeries. Still, now it has evolved to meet the increasing demand for modern...
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