YASIR WARDAD | 2024-11-04 00:00:00
Consumer spending on liquid milk has increased by Tk 10 a litre as market leader Aarong has increased maximum retail price to Tk 100 a pack.A half litre pack of Aarong milk, a product of Brac Dairy, has been set...
FE REPORT | 2024-11-04 00:00:00
The Department of Environment seized 746kg polythene bags and disconnected utility lines of factories on Sunday, the first day of the countrywide drives against illegal polythene manufacturers. During a raid in the capital's Kamrangirchar area, utility connections, including gas, electricity,...
FE REPORT | 2024-11-04 00:00:00
The government has lifted the maximum investment ceiling on Wage Earner Development (WED) bonds to encourage expatriates in investing in the country.The Internal Resources Division (IRD) has also permitted expatriate mariners, pilots and cabin crew employed by foreign shipping and...
FE REPORT | 2024-11-04 00:00:00
Prof Dr Muhammad Yunus, chief adviser of the interim government, has sought Indonesia's support for Bangladesh's membership in the ASEAN (Association of Southeast Asian Nations) regional economic bloc.He also exhorted the Southeast Asian country to create more opportunities for Bangladesh's...
FE REPORT | 2024-11-04 00:00:00
At least 16 readymade garment (RMG) factories in the country's major industrial belts, including Ashulia and Gazipur, suspended their operations on Sunday amid labour unrest over demands for increasing wages and other allowances. According to Bangladesh Garment Manufacturers and Exporters...
FE REPORT | 2024-11-04 00:00:00
The High Court on Sunday directed the government bodies concerned to investigate former Bangladesh Bank governor Abdur Rouf Talukder and the National Bank management for rescheduling loans of Bashundhara Group.It instructed the authorities to probe the National Bank chairman and...
FE REPORT | 2024-11-04 00:00:00
The inflow of foreign remittance continued to register robust growth since the end of the ousted Sheikh Hasina's government, thanks to gradually improving governance in the banking system that is considered to have rebuilt remitters' confidence in the formal channel.In...
FE REPORT | 2024-11-04 00:00:00
Senior government officials have admitted that the development administration played a major role in shaping the development narrative over the past decade during the Awami League regime as well as widened various shortcomings and deviations due to its complete subservience...
JUBAIR HASAN | 2024-11-04 00:00:00
The government seems to be tightening fist on rising yields from treasury bills in a bid to rein in bank-lending rates and price-fuelling inflation, after having offered generous bets.Officials and experts say the strategy change of the government on interest...
M AZIZUR RAHMAN | 2024-11-04 00:00:00
Halving cross-border electricity supply to Bangladesh by India's Adani despite getting the highest-ever monthly payment in October has shocked the current interim government, officials say.The Indian conglomerate shut one of its two power units in Jharkhand on November 1, which...
FE REPORT | 2024-11-04 00:00:00
Constitution Reform Commission head Professor Ali Riaz on Sunday said that they would request the political parties to submit written and concrete proposals for constitutional reforms. He further said that the commission would also seek insights from a broad range...
SINGAPORE, Nov 3 (Reuters): Asian spot liquefied natural gas (LNG) prices held steady last week as forecasts of warmer-than-average temperatures in both northeast Asia and northwest Europe capped demand expectations.The average LNG price for December delivery into north-east Asia was...
Not only 10 projects, now the Power Division is contemplating to set up many more solar power plants as it received the NBR's notification for reinstating the tax exemption on such private investment, reports UNB.Power Division officials said it is...
Customers failing to pay on time was the leading factor hampering Russian businesses in the third quarter, major business union RSPP said on Friday, as companies grapple with high interest rates and logistics challenges, reports Reuters.The Bank of Russia last...
BEIJING, Nov 3 (Reuters): China issued revised regulations on Friday for foreign investors in its listed companies, expanding eligibility criteria and easing financial requirements in a bid to attract more foreign investment.Under the new regulations, China will allow foreign individuals...
RIYADH, Nov 3 (Arab News): The financial industry is undergoing a seismic transformation, with artificial intelligence and fintech reshaping everything from regulatory compliance and customer experience to counter-fraud measures.Across the globe, banks are adopting generative AI and machine learning to...
RIYADH, Nov 03 (Arab News): Credit card loans by Saudi banks hit a record high of SR30.27 billion ($8.07 billion) in the third quarter of 2024, according to recent data.Figures by the Saudi Central Bank, also known as SAMA, showed...
Sri Lanka Bangladesh Chamber of Commerce and Industry (SLBCCI) celebrated its Annual Members Night at the International Club recently. The event brought together influential leaders and members to strengthen ties and reflect on the Chamber's progress. Dharmapala Weerakkody, High Commissioner...
400thBoard Meeting of Shari`ah based bank, Standard Bank PLC. was held on 31 October 2024 at Boardroom,Head Office, Dhaka. Honorable Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. It was attended by Director & Founder...
Nitol Insurance Company Limited recently signed a Memorandum of Understanding (MOU) with Guardian Life Insurance Limited for strategic partnership and business collaboration. This partnership between Guardian Life and Nitol Insurance will enable them to better support their customers by offering...
Al-Arafah Islami Bank PLC held a Business Development conference with the Managers of Chattogram Zone at a hotel in Chattogram on Saturday. Chairman of the bank Khwaja Shahriar was present as the chief guest while Managing Director and CEO Farman...
M/s Xingchen Textile Co Ltd, a Chinese company, will invest US$ 35.03 million to establish a textile industry in the Mongla Export Processing Zone (Mongla EPZ), reports BSS. The company will produce 20,000 tonnes of yarn and 12,000 tonnes of...
Air Vice Marshal Monjur Kabir Bhuiyan, chairman of the Civil Aviation Authority of Bangladesh (CAAB), has revealed that it will take a few more months for Shahjalal International Airport's third terminal to become operational."Passenger services at the third terminal might...
Ethiopian Airlines has launched direct flights between Addis Ababa and Dhaka, making it the 40th airline to operate in Bangladesh.Its inaugural flight, a Boeing 787-9 Dreamliner aircraft, touched down at Hazrat Shahjalal International Airport at 8:30am on Sunday, reports bdnews24.com.The...
M. A. Jabbar, Managing Director of DBL Group, has become the President of the Bangladesh Economic Zones Investors' Association (BEZIA), says a statement.Mr Jabbar, a computer science graduate from the University of Texas at Dallas, USA, has been instrumental in...
Md. Anwarul Islam officially took over as the Chief Executive Officer (CEO) of Agrani Bank PLC on Sunday. He was appointed as the CEO for a three-year term, says a statement. Anwarul Islam stared off his career as a senior...
Veteran banker Ahmed Ismet has joined Bangladesh Development Bank PLC. as its chairman on Sunday, says a statement. The Financial Institutions Division of the Ministry of Finance recently appointed him as chairman of the Bank. Prior to joining the bank,...
United Commercial Bank (UCB) partnered with Visa to bring CyberSource, a payment gateway solution, aimed at improving payment management for businesses and merchants. The service offers secure and efficient payments, tailored to diverse clients' needs. The launching event at UCB's...
Mutual Trust Bank (MTB) recently signed an agreement with Mirpur Agricultural Workshop and Training School for providing payroll banking services to its employees. Syed Mahbubur Rahman, managing director, MTB; Md. Shafquat Hossain, deputy managing director, MTB, and James Gomes, director...
© 2026 - All Rights with The Financial Express
