FE Today Logo

Search results for:


Rupali Bank holds business review meeting

2024-10-10 00:00:00

Rupali Bank PLC held its Business Review Meeting on Wednesday. Managing Director (Acting) Parsuma Alam was present as the chief guest at the meeting held at the conference room of the bank's Dhaka North Divisional Office. Deputy Managing Director Hasan...

Social Islami Bank Holds Board Meeting_

2024-10-10 00:00:00

Social Islami Bank held its 519th Board meeting at the bank's head office on Wednesday. Chairman of the bank Dr. M. Sadiqul Islam, presided over the meeting. Directors Major (Retd.) Dr. Md. Rezaul Haque, Maksuda Begum, Md. Morshed Alam Khondoker,...

Standard Bank holds Board Meeting _

2024-10-10 00:00:00

The 399th Board Meeting of Shari'ah based Standard Bank PLC was held at the Boardroom at the bank's Head Office in Dhaka on Wednesday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Director & Founder...

Samsung India workers reject settlement offer as strike enters 2nd month

2024-10-10 00:00:00

CHENNAI, Oct 9 (Reuters): A group of more than 1,000 striking workers at the Samsung Electronics factory in southern India has rejected a settlement offer made by the company on wage hikes, with the sit-in protest entering its second month...

MODHUMOTI BANK ACHIEVES ISO CERTIFICATION FOR ISMS

2024-10-10 00:00:00

Modhumoti Bank recently achieved a significant milestone by successfully obtaining ISO 27001: 2022 certification, a globally recognised standard for Information Security Management System (ISMS). By obtaining this certificate, the bank's information security management risen to a new height. To mark...

IFIC BANK CELEBRATES ITS 48TH FOUNDING ANNIVERSARY

2024-10-10 00:00:00

IFIC Bank celebrated its 48th anniversary on Tuesday with a grand celebration held at the Multipurpose Hall of IFIC Tower in Puran Paltan, Dhaka. The event was attended by Managing Director Syed Mansur Mustafa, along with deputy managing directors and...

BSTI and CLASP sign MoU

2024-10-10 00:00:00

A memorandum of understanding was signed between Bangladesh Standards and Testing Institution (BSTI) and US-based international organisation CLASP on Tuesday. The MoU was signed to develop standards for environmentally friendly and energy-efficient and long-lasting LED lights and to provide advanced...

Walton kicks off Digital Campaign Season-21

2024-10-10 00:00:00

Electronics brand Walton has launched "Digital Campaign Season-21" across the with "Double Million" offer, reports UNB.In Season-21, customers may get Tk 2.0 million on the purchase of Walton brand fridge, television, washing machine or BLDC fan from any Walton Plaza,...

Concord Entertainment, US-Bangla Airlines sign MoU

2024-10-10 00:00:00

Entertainment Industry giant Concord Entertainment Co. Ltd. and leading airlines service provider US-Bangla Airlines entered into a strategic cooperation agreement recently, to further enhance tourists' experience in the parks and properties, says a statement.Under the agreement, Concord Entertainment will provide...

AIUB student receives CAA Award

2024-10-10 00:00:00

Shahira Sarwat, a student in the Department of Architecture at the American International University-Bangladesh (AIUB), has received a Commendation at the Commonwealth Association of Architects (CAA) Awards 2024 in the 'CAA Presidents' Awards' category. This category recognises exceptional work by...

USAID to help strengthen agri marketing policy

2024-10-10 00:00:00

The Department of Agricultural Marketing (DAM) and USAID's Feed the Future Bangladesh Policy LINK Agricultural Policy Activity signed a Memorandum of Understanding (MoU) on Wednesday to strengthen agricultural marketing in Bangladesh. This collaboration focuses on developing a Plan of Action...

PUBALI BANK HONORED AS 'BEST FINANCIAL INSTITUTION'

2024-10-10 00:00:00

Pubali Bank was recognised as the "Best Financial Institution 2023" at the 22nd DHL-The Daily Star Bangladesh Business Awards. Mohammad Ali, managing director and CEO of Pubali Bank, received the crest from Salehuddin Ahmed, finance and commerce advisor, at a...

Runner moved to junk category as dividends remain unpaid

FE REPORT | 2024-10-10 00:00:00

Both the stock exchanges have downgraded Runner Automobiles to 'Z' category from 'A' category for the company's failure to pay off cash dividends approved for FY22 within the stipulated time.Dhaka and Chittagong stock exchanges on Wednesday confirmed this through separate...

Shipping Corporation's loss of 2 ships will not cause major revenue cut

FARHAN FARDAUS | 2024-10-10 00:00:00

State-run Bangladesh Shipping Corporation (BSC) encountered a sudden selling pressure on the bourses after two back-to-back fire incidents had destroyed two ships in its fleet. The vessels were bringing in 20 per cent of the revenue by transporting crude oil...

Tesla's China-made EV sales grow 19.2pc y/y in Sept

2024-10-10 00:00:00

BEIJING, Oct 09 (Reuters): Sales of US automaker Tesla's China-made electric vehicles rose 19.2 per cent in September from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday.Deliveries of China-made Model 3 and Model Y...

India central bank leaves interest rates unchanged

2024-10-10 00:00:00

MUMBAI, Oct 09 (AFP): India's central bank held interest rates steady on Wednesday but left the door open for future cuts, as growth moderates in the world's fifth largest economy.The Reserve Bank of India said the benchmark repo rate-the short-term...

Sony rolls out new entertainment products

2024-10-10 00:00:00

Sony announced its latest home and personal entertainment products at a programme at a city hotel on Wednesday. These products include BRAVIA TVs, ULT Power Sound series and SRS-XV500, a speaker. The new BRAVIA TV models, the ULT TOWER 10,...

Exim Bank holds Shari'ah Supervisory Committee meeting

2024-10-10 00:00:00

The 126th Shari'ah Supervisory Committee meeting of Exim Bank was held in the board room of the bank's head office on Wednesday. Chairman of the committee Dr Abu Noman Md Rafiqur Rahman presided over the meeting. Chairman of Exim Bank...

UCB signs MoU with Gono Bishwabidyalay

2024-10-10 00:00:00

United Commercial Bank PLC (UCB) and Gono Bishwabidyalay have signed a Memorandum of Understanding (MoU) to provide a range of banking services, including tuition fee collection and other banking facilities. The signing ceremony took place at the Corporate Office of...

Southeast Bank holds Annual Risk Conference

2024-10-10 00:00:00

Southeast Bank PLC held its "Annual Risk Conference 2024" via hybrid mode at the bank's Head Office in Dhaka on Wednesday. Nuruddin Md Sadeque Hossain, Managing Director of Southeast Bank, inaugurated the conference. In his speech, Hossain emphasised the importance...

ECB policymakers press case for October rate cut

2024-10-10 00:00:00

FRANKFURT, Oct 09 (Reuters): Several European Central Bank policymakers argued their case on Wednesday for another interest rate cut next week, even if some of their colleagues remained unconvinced as turmoil in the Middle East fuels volatility in energy costs.The...

Grameenphone launches limitless internet pack

FE REPORT | 2024-10-10 00:00:00

Grameenphone has made a significant leap forward in enhancing digital connectivity by launching the country's first-ever speed-based limitless internet packs. The new packs were launched at a function at a city hotel on Tuesday night. These new offerings are designed...

Address unrest in RMG sector urgently

FE REPORT | 2024-10-10 00:00:00

Tapan Chowdhury, former advisor to the caretaker government and CEO of Square Group, has emphasised on the urgent need for ensuring stability in Bangladesh's readymade garment sector as escalating unrest is driving away international buyers. Speaking at a dialogue organised...

SE Asian summit seeks progress on Myanmar civil war

2024-10-10 00:00:00

VIENTIANE, Oct 09 (AFP): Southeast Asian leaders met for talks with a Myanmar junta representative at a regional summit Wednesday as they try to kickstart faltering diplomatic efforts to broker an end to the country's civil war.The disputed South China...

'Catastrophic'hurricane approaches Florida

2024-10-10 00:00:00

TAMPA, Oct 09 (AFP): A "catastrophic" Hurricane Milton was closing in on the storm-battered state of Florida on Wednesday as US officials pleaded with residents to flee or risk dying.President Joe Biden warned that the Category 5 storm could be...

Three million UK children living below poverty line

2024-10-10 00:00:00

LONDON, Oct 09 (AFP): A record 9.3 million people, including three million children, are facing hunger and hardship in the UK, a study said Wednesday, with the new Labour government under pressure to do more to tackle child poverty.The findings...

Hezbollah drops Gaza truce as condition for Lebanon ceasefire

2024-10-10 00:00:00

BEIRUT, Oct 09 (Reuters): Hezbollah officials are no longer demanding a truce in Gaza as a condition for reaching a ceasefire in Lebanon, rowing back from an oft-repeated promise to keep fighting until Israel halts its offensive against Hezbollah's Iran-backed...

Ukrainian drone hits Russian arms depot

2024-10-10 00:00:00

KYIV, Oct 09 (AP/AFP): A Ukrainian drone struck an important arms depot inside Russia, the Ukraine military said Wednesday, three weeks after another drone blasted a major Russian armory and three days after a drone smashed into a key oil...

Nepali teenager breaks record by climbing Earth's highest peaks

2024-10-10 00:00:00

KATHMANDU, Oct 09 (BBC): A Nepalese teenager has broken the world record for the youngest mountaineer to summit Earth's 14 highest peaks. Nima Rinji Sherpa, 18, stood atop Tibet's Mount Shishapangma at about 06:05 local time on Wednesday.In doing so,...

Israeli attacks in N Gaza kill, hurt dozens

2024-10-10 00:00:00

GAZA, Oct 09 (AP/AFP): A large-scale Israeli operation in northern Gaza has killed and wounded dozens of people and threatens to shut down three hospitals over a year into the war with Hamas, Palestinian officials and residents said Wednesday.Heavy fighting...