BENGALURU, Nov 06 (Reuters): Growth in India's dominant services industry picked up last month after dipping to a 10-month low rate in September amid a marked expansion in demand, according to a business survey that also showed the sector's workforce...
WASHINGTON, Nov 06 (Reuters): The US Supreme Court is set on Wednesday to consider a bid by Meta's Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the...
BRUSSELS, Nov 6 (Reuters): The European Union is considering options to appease Donald Trump on his return to the White House as it braces for a resumption of US tariffs and other trade threats plus tough exchanges on how to...
Prime Islami Life Insurance Limited held its 24th Annual General Meeting at Bangalmotor in Dhaka on Wednesday. Chairman of the company Mohammad Akhter presided over the meeting. Members of the board of directors and Shari'ah Council, and CEO Md Shamsul...
Sheltech (Pvt.) Ltd has organised a month-long 'Sheltech Property Fair 2024' that began at its head office at Sheikh Russel Square, West Panthapath, in the capital on November 1. It will continue until November 30 and is open from 10:00am...
Sonali Bank PLC signed an agreement with Prime Bank PLC to collect chalan, utility bill, pension scheme instalments and various charges and fees from Prime Bank customers via mobile app and internet banking portal by using Sonali Payment Gateway service....
Southeast Bank recently organised the Branch Anti Money Laundering Compliance Officer (BAMLCO) Conference-2024 at the bank's head office. Mr. A. K. M. Ehsan, executive director, was present at the conference as the chief guest. He in his speech emphasised on...
Islami Bank Bangladesh inaugurated its 396th branch in Barguna's Pathorghata on Wednesday. Md Atlaf Hossain, additional managing director of the bank, inaugurated the branch as the chief guest. Md Shamsuddhoha and A.K.M Mahbub Morshed, senior executive vice presidents of the...
The Advertising Agencies Association of Bangladesh (AAAB) has formed its new seven-member executive committee, with Sanaul Arefeen as its president and Syed Ahsanul Apon as general secretary, says a statement. Other office-bearers include Nazim Farhan Chowdhury -- vice-president, Sarah Ali...
OUR CORRESPONDENT | 2024-11-07 00:00:00
CHATTOGRAM, Nov 06: The Chittagong Chamber of Commerce and Industry (CCCI) held a view-exchange meeting with Japanese Ambassador to Bangladesh IWAMA Kiminori at the World Trade Centre (WTC) in the port city on Wednesday.Addressing the meeting, Kiminori said Chattogram was...
Khairul Alam Chaklader was recently elected as the chairman of National Credit and Commerce (NCC) Bank's executive committee by its board of directors. He is currently the director and was a former vice chairman of the bank.Meanwhile, Meer Sajed-Ul-Bashar FCA...
FE REPORT | 2024-11-07 00:00:00
The state-run Padma Oil Company secured an almost 17 per cent year-on-year growth in profit to Tk 4.08 billion in FY24, driven by higher sales of petroleum products and increased non-operating income.The earnings per share (EPS) soared to Tk 41.59...
MOHAMMAD MUFAZZAL | 2024-11-07 00:00:00
Dhaka and Chittagong stock exchanges should display important financial information prominently on their websites to help investors make investment decisions.For example, price-to-earnings (P/E) ratio and dividend yields of stocks are two important indicators to consider before making equity investments. But...
FRANKFURT, Germany, Nov 06 (AFP): German lender Commerzbank raised its 2024 outlook Wednesday after better-than-expected quarterly results, as it seeks to fend off a potential takeover bid from Italy's UniCredit.It posted net profit from July to September of 642 million...
FRANKFURT, Nov 06 (AFP): German industrial orders rebounded more than expected in September, official data showed Wednesday, but analysts warned a Donald Trump victory in the United States could present a risk to the country's crucial exports.New orders, closely watched...
ISLAMABAD, Nov 06 (Arab News): Pakistan's foreign investment surged by 48 per cent in the first quarter of the current fiscal year, according to state-run media reports on Tuesday.Saudi Arabia and the UAE contributed a total of $26.8 million during...
WASHINGTON, Nov 06 (AFP): Donald Trump's victory in the 2024 US presidential election is likely to usher in a raft of economic changes at home and abroad, touching everything from foreign trade to the independence of the US central bank.He...
Italian luxury sports car maker Lamborghini posted on Wednesday nine-months revenue that was up by 20% to 2.43 billion euros ($2.60 billion), driven by a solid order backlog and high demand for all models, reports Reuters.The firm delivered 8,411 cars...
M. Khorshed Anowar, DMD and Head of Retail and SME Banking, Eastern Bank PLC. (EBL) inaugurated the 42nd sub-branch of the bank at Bantibazar of Araihazar upazila, Narayanganj on Tuesday. Opening of the sub-branch is a part of the bank's...
BRAC Bank signed a strategic partnership with Quality Feeds Limited to digitise their cash management process. This collaboration aims to enhance the collection & reconciliation experience for Quality Feeds Limited by leveraging BRAC Bank's extensive branch network and over-the-counter solution...
Exim Bank held an interactive meeting with the proprietors of Hajj agencies on Tuesday. Managing Director and CEO of the bank Mohammad Feroz Hossain presides over the meeting at the bank's Head Office. Independent Director of Exim Bank SM Rezaul...
Prime Bank PLC and Chaldal.com signed a partnership agreement at the bank's corporate office recently. Under this collaboration, Prime Bank credit and debit cardholders will receive exclusive discounts on purchases made through chaldal.com, both on their mobile app and website....
FE REPORT | 2024-11-07 00:00:00
The High Court has stayed the election schedule of the Bangladesh Association of International Recruiting Agencies (BAIRA), an association of manpower exporters. The bench of Justice Fahmida Quader and Justice Mubina Asaf passed the order on Tuesday (November 5) after...
FE REPORT | 2024-11-07 00:00:00
A has been sent to the Chairman of the Bangladesh Power Development Board (BPDB) has been served with a legal notice asking it to invite Adani (Jharkhand) Ltd. within three days to renegotiate the power purchase agreement (PPA).Supreme Court lawyer...
FE REPORT | 2024-11-07 00:00:00
The eighth Annual General Meeting (AGM) and Executive Committee Election of the Association of Television Channel Owners (ATCO) was held at a city hotel on Wednesday. No president, however, was elected as both the presidential candidates -- Chairman of NTV...
FE REPORT | 2024-11-07 00:00:00
Chief Adviser Prof Muhammad Yunus urged Brazil to work more closely with Bangladesh to enhance bilateral cooperation in various fields, including trade.The Chief Adviser made the call when Brazilian Ambassador to Bangladesh Paulo Feres called on him at his office...
SEATTLE, Nov 6 (Reuters): Boeing's US West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker.The union said members voted...
Donald Trump's return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the US...
SINGAPORE/LONDON, Nov 6 (Reuters): Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs and economic growth.Trump recaptured the...
MOSCOW, Nov 06 (AFP): Russia said Wednesday it had captured two Ukrainian villages near the town of Kurakhove, in southeast Ukraine, where Moscow has quickly advanced since seizing the city of Vugledar last month.Moscow's forces took the villages of Maksymivka...
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