Md Mohsin Habib Chowdhury, Chief Operating Officer and Director of Berger Paints Bangladesh Limited, has been honoured with the prestigious Chief Operating Officer (COO)/Operation Director of Year 2024 award at the Bangladesh C-Suite Awards ceremony held at a hotel in...
Ahsan Khan Chowdhury, Chairman and CEO of PRAN-RFL Group, received the 'Bangladesh C-Suite Awards 2024' for his outstanding contribution to the corporate sector. He was awarded in the 'Chief Executive Officer of the Year' category (FMCG). Also, RFL Group Managing...
The Farm Machinery and Postharvest Process Engineering Division (FMPE) of Bangladesh Agricultural Research Institute (BARI) hosted a workshop for agricultural machinery stakeholders at the FMPE Seminar Room on Saturday. The programme was funded by FMD project. Director General of BARI...
NRB Bank PLC organised an 'AML & CFT Conference 2024' at the bank's Corporate Head Office in Dhaka on Friday to raise awareness among employees about prevention of money laundering & combating terrorism financing. Head of BFIU (Acting) A.K.M. Ehsan...
FE REPORT | 2024-12-15 00:00:00
The new governing body of Credit and Development Forum (CDF) for 2024-2027 has been elected with Executive Director of Peoples Oriented Programme Implementation Murshed Alam Sarkar as its chairman and Chief Operating Officer of BIZ Iqbal Ahammad as vice chairman.On...
NARSINGDI, Dec 14 (UNB): No effort was made in the past 15 and a half years to explore new gas sources and Bapex (Bangladesh Petroleum Exploration and Production Company ) was kept idle , said Industries adviser Adilur Rahman Khan...
Gold could extend its record run into 2025 as further interest rate cuts from major central banks and the prospect of a weaker dollar will boost demand for the safe-haven asset, according to Heraeus Precious Metals, reports Reuters.Heraeus, a global...
Shimanto Bank has arranged a "Branch Anti-Money Laundering Compliance Officers and Departmental Anti-Money Laundering Compliance Officers Conference 2024" recently. AKM Ehsan, Acting Head of Bangladesh Financial Intelligence Unit (BFIU), was present as the chief guest and Rafiqul Islam, Managing Director...
NRBC Bank is supporting the development of disadvantaged communities in char and haor areas by offering financial services aimed at improving their lifestyles. As part of its initiative, the bank is providing collateral-free loans to women, enabling them to become...
Obayed Ullah Al Masud, Chairman of Islami Bank Bangladesh PLC (IBBPLC), visited the Bangladesh Consulate General in Jeddah on Thursday and held discussions with Miah Md Mainul Kabir, Consul General of Bangladesh. They discussed the challenges facing the expatriates in...
Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32% year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday, reports Reuters.China...
Commerce Adviser Sk. Bashir Uddin has urged the Institute of Chartered Accountants of Bangladesh (ICAB) to put forward specific policy reform proposals for the country's financial sector, particularly focusing on the direct and indirect tax regimes.The call came during his...
FE REPORT | 2024-12-15 00:00:00
The government has fixed Tk 14,000 as a minimum monthly wage for workers of the country's cold storage sector, which marks an increase of over 131 per cent.It has also incorporated a provision of a 5.0-percent annual increment.To this effect,...
National Bank hosted its regional business conference on Saturday at Hotel Grand Park in Barishal. Abdul Awal Mintoo, chairman of National Bank, attended the event as the chief guest. Moazzam Hossain, vice chairman and sponsor director, and Md. Abdus Satter...
Prime Bank recently signed an agreement with SIMPLETREE, at the bank's corporate office. SIMPLETREE is a brand of the real estate developer, Spacezero. Prime Bank's customers will enjoy attractive offers and discounts by Spacezero under this agreement, while receiving special...
Exim Bank inaugurated its 154th branch at Tongibari in Munshiganj on Saturday. Md Feroz Hossain, managing director and chief executive officer of the bank, inaugurated the branch as the chief guest while Md. Anisul Alam, regional manager of Dhaka South,...
ORLANDO, Florida, Dec 14 (Reuters): A strong US dollar and high Treasury yields are posing significant challenges for emerging economies, and policymakers have no easy way to counter this powerful one-two punch.With American exceptionalism casting a shadow over the rest...
Asian debt markets witnessed foreign outflows in November for the first time in seven months as expectations of changes in US trade policies under the forthcoming Trump administration and a strengthening dollar dampened investor appetite, reports Reuters.Non-native investors withdrew a...
MOHAMMAD MUFAZZAL | 2024-12-15 00:00:00
A majority of the financial institutions are reluctant to play the role of a trustee of mutual funds as they say they do not have the power to check scams committed by asset management companies (AMCs). Trustees have been blamed...
Serajul I Bhuiyan | 2024-12-15 00:00:00
China's foreign policy has emerged as a three-pronged multidimensional framework anchored by three ambitious global initiatives: the Global Development Initiative, the Global Security Initiative, and the Global Civilisational Initiative. These strategic frameworks aim at reshaping global governance by strengthening China's...
In light of recent events following the fall of the Awami League government during the student uprising, it is deeply concerning to observe the spread of fake news and rumours about Bangladesh by various Indian media outlets. A report by...
Sri Lanka's economic crisis and negative inflation have drawn global attention. As of November, the country's annual inflation rate dropped to minus 2.1 per cent, the lowest since 1961. This negative trend is attributed to economic contraction and a decline...
Atiqul Kabir Tuhin | 2024-12-15 00:00:00
It is alarming that what initially appeared to be a gesture of goodwill towards farmers has in the end turned out to be a threat to their livelihoods in particular and national onion production as a whole. Recent media reports...
Asjadul Kibria | 2024-12-15 00:00:00
There is a growing demand for bonds in the country's financial market, and the existing tiny corporate bond market has still a long way to go to meet demand. Government bonds are also inadequate in meeting the growing appetite for...
Adhering to the basic principles of flexibility and adjustability, the interim government is mulling over a substantial cut in the annual development budget for the current fiscal year by a big margin of Tk 500 billion from the local-resources part...
One dead, 40 people missing inGreece migrant boat sinkingATHENS, Dec 14: One man died early Saturday when a migrant boat sank off Crete, Greece's coastguard said, leaving 40 people reportedly missing while 39 survivors were rescued. The boat sank 12...
TEHRAN, Dec 14 (AFP): Iran confirmed Saturday that it has allowed watchdog the International Atomic Energy Agency (IAEA) to increase the number of inspections it carries out into Tehran's nuclear programme, state media reported."We have increased capacity -- it is...
BANGKOK, Dec 14 (AFP/BBC): Authorities in Thailand have arrested two men following a bomb blast at a festival near the border with Myanmar that killed three people and wounded dozens, police said on Saturday.An improvised explosive device went off on...
GENEVA, Dec 14 (AFP): Syria's new interim authorities have asked the United Nations refugee agency to remain in the country following the ouster of president Bashar al-Assad, sending a "constructive" signal, the organisation said Friday.Assad fled Syria on Sunday after...
TBILISI, Dec 14 (AFP): Georgian ex-footballer turned far-right politician Mikheil Kavelashvili is set to become Tbilisi's next figurehead president in an indirect election Saturday, denounced as "illegitimate" by the current pro-EU leader.Picked by the governing Georgian Dream party as a...
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