FE REPORT | 2024-10-28 00:00:00
Bangladesh has ranked 127th out of 142 countries in global law-and-order index in 2024, according to a survey report, evidently as the year sees political upheavals. This ranking has, however, remained unchanged since 2022. In 2021, the country ranked 124th.The...
FE REPORT | 2024-10-28 00:00:00
The key index of the Dhaka Stock Exchange (DSE) tumbled below 5,000 points on Sunday after four years amidst political uncertainties and an increase in the policy rate designed to tame soaring inflation. Market analysts also blame regulatory measures taken...
SHANGHAI/SINGAPORE, Oct 27 (Reuters): Shanghai Power Asset Management Co has apologised to investors and shut its arbitrage strategy after heavy losses, the latest China hedge fund bruised by wild gyrations in the market since authorities vowed to support the economy...
RIYADH, Oct 27 (Arab News): Saudi Arabia's $500 million venture capital fund, Wa'ed Ventures, a wholly-owned subsidiary of Aramco, has earmarked $100 million to invest in artificial intelligence startups. The initiative aligns with the Kingdom's ambition to position itself as...
LONDON, Oct 27 (Reuters): If markets are correct, inflation-adjusted European Central Bank interest rates could be back negative by the middle of next year - and a return to zero policy rates cannot now be dismissed.The sands under ECB easing...
UBS Global Wealth Management has raised its stance on global equities to "attractive" from "neutral", citing resilient US economic growth, monetary policy easing by major central banks and an artificial intelligence (AI) boom, reports Reuters."Economic growth is remarkably resilient and...
Pubali Bank recently organised a tree plantation programme at Dhaka University (DU) as part of its corporate social responsibility. Professor Dr. Niaz Ahmed Khan, vice-chancellor of DU, was present as the chief guest. Mohammad Ali, managing director of the bank,...
Mutual Trust Bank (MTB) signed a tripartite agreement with WeGro and Syngenta to scale up lending to marginal farmers. Farmers will be allowed to borrow through the bank's mobile app to procure inputs from designated outlets of Syngenta for farming....
Southeast Bank conducted a day-long capacity development programme on sustainable finance on Sunday at the bank's training institute in collaboration with the Bangladesh Bank (BB). Divisional heads, executives, and officials from relevant head office divisions, along with all branch heads,...
FE REPORT | 2024-10-28 00:00:00
Motorcycle manufacturer Runner Automobiles secured a huge recovery in FY24 from last year's heavy loss as the sales of three wheelers picked up.It is, however, still in the red.Runner made a loss of Tk 61 million in the year through...
SAARC Arbitration Council (SARCO), in collaboration with Bangladesh International Arbitration Centre (BIAC), held a seminar recently on strengthening partnerships and navigating disputes at the InterContinental Dhaka.The programme was titled "Elevating Bangladesh's Trade and Commerce: ADR's Role in Navigating Disputes and...
FE REPORT | 2024-10-28 00:00:00
LankaBangla Finance posted an impressive 605 per cent year-on-year growth in profit to Tk 261 million in the third quarter (Q3) this year, riding on higher net interest income and investment income.The non-bank financial institution's consolidated earnings per share (EPS)...
FE REPORT | 2024-10-28 00:00:00
Olympic Industries secured an 18 per cent growth in profit to Tk 1.83 billion in FY24 over the previous year, riding on higher sales and efficient cost management.Despite the profit growth, the board of directors recommended a 10 per cent...
Nitol Insurance Company Ltd celebrated its 25th anniversary with a programme at the Nirapad Auditorium of the Head Office in Dhaka recently. Chairman A K M Monirul Hoque, Vice Chairman Zobair Humayun Khandaker, EC Chairman & Director Naeema Hoque, Director...
Bangladesh Commerce Bank Limited held a Business Review Meeting-2024 for Rajshahi, Rangpur, Khulna and Barishal Divisions in Rajshahi on Sunday. Chairman of the Board of Directors Md Ataur Rahman was present as the chief guest while Chairman of the Board...
First Security Islami Bank inaugurated Chinatola Bazar Agent Banking Outlet under Keshabpur branch, Jashore, on Sunday with a view to providing Shariah-based modern banking services to rural clients. Ahmed Ashique Raazi, Head of Khulna Zonal Office, along with other officials...
Prime Bank PLC has introduced a new feature allowing payroll banking customers to withdraw 'salary in advance'. Prime Bank PLC and Dutch-Bangla Pack Limited has recently signed an agreement under which employees of Dutch-Bangla Pack can withdraw salary in advance...
Mohammad Shahjalal was unanimously elected the Chairman of eGeneration PLC at a meeting of its Board of Directors held recently, says a statement.Shahjalal, known as a country branding specialist and digital transformation strategist, has played a crucial role in technological...
The Hongkong and Shanghai Banking Corpo-ration Limited (HSBC) Bangladesh has been voted as the 'Best Cash Management Bank' in Bangladesh for the 15th time and as the 'Best Cash Management Bank for Client Service' in Bangladesh for the 7th time...
FE REPORT | 2024-10-28 00:00:00
A set of trade shows focused on construction and energy will begin at the International Convention City, Bashundhara (ICCB) in Dhaka on November 14, aiming to give an impetus to the country's economy. The three-day expositions will feature six simultaneous...
FE REPORT | 2024-10-28 00:00:00
Economist Dr Debapriya Bhattacharya on Sunday stressed the need for ensuring accountability in the implementation of Sustainable Development Goals (SDGs), saying that a mere announcement of the goals is not enough."Just announcing the SDGs and assigning responsibility to the state...
SINGAPORE/LONDON, Oct 27 (Reuters): Oil prices are expected to fall when trading resumes on Monday as Israel's retaliatory strike on Iran over the weekend bypassed Tehran's oil and nuclear infrastructure and did not disrupt energy supplies, analysts said. Brent and...
LONDON, Oct 27 (Reuters): Asian spot liquefied natural gas (LNG) recorded its second weekly gain since the end of August, amid concerns over supply disruptions due to geopolitical tensions and lower feedgas volumes at US terminals undergoing planned maintenances.The average...
Bangladesh Krishi Bank (BKB) Jatiyatabadi Forum distributed gift items among flood-affected people as humanitarian assistance at Rangamatia village under Jheenaigati upazila of Sherpur district on Saturday. Former MP Dr. Mahmudul Haque Rubel was present at the event as the chief...
Maksudul Hasan, Deputy Managing Director of Uttara Bank PLC, has inaugurated the 44th Sub-Branch of the bank named 'Elenga Sub-Branch' at Kalihati in Tangail on Sunday. Md. Rezaul Karim, Deputy Managing Director, was present as special guest.
A new campaign promoting jute bags in the country has led to a marked increase in jute prices, according to Jute Adviser Brig Gen (retd) Dr M Sakhawat Hossain.Speaking at the grand finale of the 8th season of the Textile...
BARCELONA, Spain, Oct 27 (AP): Robert Lewandowski scored twice and Lamine Yamal piled on to ruin Kylian Mbappé's first clasico as Barcelona routed Real Madrid 4-0 on Saturday.The lopsided victory in Spain's capital ended the host's unbeaten run in La...
LAHORE, Pakistan, Oct 27 (AFP): Pakistan appointed on Sunday Mohammad Rizwan as skipper for the white-ball tours of Australia and Zimbabwe, replacing Babar Azam who stepped down this month.Rizwan, 32, had led Pakistan in two Tests on the tour of...
TOKYO, Oct 27 (Reuters): China's Zheng Qinwen produced near-flawless serves to defeat American Sofia Kenin 7-6(5) 6-3 and capture the Pan Pacific Open title on Sunday for her third trophy this season.Zheng hit 33 winners and fired off 16 aces...
The second one day match of the four-game series between Bangladesh Under-19 and UAE was moved to Sher-e-Bangla National Cricket Stadium, Mirpur and will be held tomorrow (Tuesday), reports BSS.The match, which was slated to be held on Sunday was...
© 2026 - All Rights with The Financial Express
