NEW YORK, Aug 10 (Reuters): US auto safety regulators said on Friday that it was opening a preliminary evaluation into approximately 332,288 Hyundai SUVs in the United States over a potentially faulty seat belt.The investigation focuses on certain Hyundai Palisade...
FRANKFURT, Aug 11 (Reuters): Thyssenkrupp said on Saturday its steel division must be restructured to fund investment needs with its own earnings, but that the parent company had provided financial security for the next two years.The comments from Thyssenkrupp CEO,...
RIYADH, Aug 11 (Arab News): Saudi utility giant ACWA Power has restructured debt and ownership in its Turkish affiliate, converting outstanding loans into equity following an agreement with major lenders and minority shareholders. ACWA Guc, which operates the 950-megawatt combined...
The 24th Annual General Meeting of Takaful Islami Insurance Ltd was held virtually on Saturday. Chairman of the company Tahmina Afroz presided over the meeting. Vice Chairman Emdadul Haque Chowdhury, Chairman of Audit Committee Md Mahedi Hasan, Chairman of Nomination...
Janata Bank PLC Managing Director Md Abdul Jabbar inaugurated a 30-day foundation course for its officers (batch 07/24) organised by Janata Bank Staff College (JBSC) in the capital on Sunday. Some 50 senior officers participated at the training course. JBSC...
The Bangladesh Economic Association (BEA) has extended congratulations to Nobel Laureate Prof Dr Muhammad Yunus as the Chief Adviser and other advisers for taking the charge of the interim government, reports BSS.The BEA believes that the interim government, under the...
Bangladesh Chamber of Industries (BCI) has greeted the Interim Government headed by Nobel Laureate Prof Dr Muhammad Yunus, reports BSS."BCI congratulates you (Dr Yunus) for becoming as the Chief Advisor of the Interim Government. The main policy of the independent...
Southeast Bank PLC organized a Foundation Training Course for its newly appointed 31 Trainee Assistant Officer (Gr.-II). Nuruddin Md Sadeque Hossain, the Managing Director of Southeast Bank made the closing remarks bringing the course to a conclusion.
FE REPORT | 2024-08-12 00:00:00
The stock market regulator cancelled the order to withdraw the floor price of six companies, including Salman F Rahman's Beximco, hours after the resignation of its chairman.Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat Ul Islam stepped down...
FE REPORT | 2024-08-12 00:00:00
The daily trade turnover on the Dhaka Stock Exchange (DSE) has exceeded Tk 20 billion-mark on Sunday after 23 months, buoyed by heightened optimism among investors.Investors are optimistic about a new beginning in the market as the securities regulator's Chairman...
Babul Barman and Mohammad Mufazzal | 2024-08-12 00:00:00
Professor Shibli Rubayat-Ul Islam resigned on Saturday night less than three months after his reappointment for the second term amid widespread criticism about his performance.During his tenure of four years and three months, the Bangladesh Securities and Exchange Commission's (BSEC)...
RIYADH, Aug 11 (Arab News): Qatar's construction sector is experiencing robust growth, with the nation documenting a 36 per cent month-on-month rise in building permits in July. This surge, highlighted in the latest data from the National Planning Council, reflects...
ISLAMABAD, Aug 11 (Express Tribune): Pakistan government has been able to achieve "positive development" in negotiations with China on debt re-profiling and conversion of power plants into local coal to pave the way for tariff reduction.Earlier, Prime Minister Shehbaz Sharif...
RIYADH, Aug 11 (Arab News): Expatriate remittances from Saudi Arabia reached $3.2 billion in June, reflecting an annual increase of 11.32 per cent, according to the latest data from the Saudi Central Bank, also known as SAMA.This figure underscores the...
Unilever Bangladesh Limited (UBL) has taken an emergency humanitarian initiative to provide essential support to more than 2,100 waste workers from 41 wards in Chattogram to mitigate their financial instability and improve livelihood condition. The support gesture comes as a...
LONDON, Aug 11 (Reuters): Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months, tracking European gains amid concerns over supply disruption.The average LNG price for September delivery into north-east Asia was at $12.90...
BRAC Bank and Gram Unnayan Karma (GUK) have again signed a strategic alliance to help farmers in remote char areas grow high-value crops using innovative agricultural technology and knowhow.The two organisations will work together as part of a specially designed...
ICC Bangladesh President Mahbubur Rahman hosted a farewell dinner in honour of Malaysian High Commissioner Haznah Binte Md. Hashim; Indonesian Ambassador Heru Hartanto Subolo and Head of the Mission of Singapore High Commission Sheela Pillai in Dhaka on Friday. Also...
FE REPORT | 2024-08-12 00:00:00
Loan disbursement by micro-finance institutions (MFIs) as well as the number of microcredit beneficiaries increased substantially across the country, thanks to a suitable policy and easy access to the loan, according to a latest report.Though the rate of interest is...
BEIJING, Aug 11 (Reuters): China's central bank will extend a programme providing financial institutions with low-cost loans intended to help companies to cut carbon emissions, the government said on Sunday.The People's Bank of China (PBOC) will extend the policy to...
ACCRA, Ghana, Aug 11 (Reuters): Ghana opened its first commercial gold refinery in which the state holds shares on Thursday as part of an effort by Africa's leading gold producer to add value and earn more from the precious metal,...
BEIJING, Aug 11 (AFP): Beijing said on Friday it had filed an appeal with the World Trade Organization over the European Union's imposition of additional tariffs on imports of electric vehicles from China.In July, the EU slapped extra provisional duties...
NEW DELHI/SEOUL, Aug 11 (Reuters): Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Europe have depressed margins for two consecutive years, forcing firms to...
PARIS, Aug 11 (AFP): The River Seine was the fickle star of the Paris Olympics, taking centre stage at the opening ceremony and open water swimming and triathlon events despite a running saga over water quality.It was under torrential rain...
PARIS, Aug 11 (AFP): From a colourful, sometimes controversial opening ceremony to boxers caught up in a gender row to respectful bows on the gymnastics podium, the 2024 Olympics served up many memorable moments.AFP Sport looks at 10 of the...
PARIS, Aug 11 (AFP): The Olympic cauldron rising over Paris beneath a huge balloon each night has become such a popular sight that it may become a permanent fixture in the City of Light.The unique version of the Olympic flame,...
Bangladesh Cricket Board (BCB) on Sunday announced a 16- member Bangladesh Test squad for the tour of Pakistan including Shakib Al Hasan to play a two- match Test Series, part of ICC World Test Championship against hosts Pakistan, reports UNB.Bangladesh...
Asif Mahmud, the youth and sports advisor of Bangladesh's interim government, said on Sunday that they have asked Bangladesh Cricket Board (BCB) to see if it can appoint an interim head under the ICC framework, reports Cricbuzz. Asif, who came...
PARIS, Aug 11 (Agencies): The spirit of the Olympics was on full display at the Paris Games on Sunday, the last day of competition. In the women's marathon race, Sifan Hassan created history with an Olympic record time for her...
CARACAS, Aug 11 (Reuters): Venezuela's supreme court on Saturday said that it had not received evidence from the opposition coalition in the disputed Jul 28 presidential elections and warned that its decision in determining the winner would be final.The South...
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