The 887th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Akkas Uddin Mollah, Chairman of the Executive...
BRAC Bank recently conducted two sessions of its signature career guidance initiative, CAREERtalk, at two universities in Sylhet. The Leading University and Metropolitan University consultation session in Sylhet aimed to inspire and guide students in planning their careers and preparing...
FE REPORT | 2024-12-13 00:00:00
Twenty-five factories have been awarded for significant achievements in training female garment workers through the implementation of Personal Advancement and Career Enhancement (PACE), a training initiative of the USAID's Women Thrive in Bangladesh Activity project.The ready-made garment (RMG) factories, all...
OUR CORRESPONDENT | 2024-12-13 00:00:00
CHATTOGRAM, Dec 12: The 18th Annual General Meeting (AGM) of GPH lspat Limited was held virtually on Thursday. The AGM approved 10% cash dividend for the shareholders. The AGM was presided over by Md. Alamgir Kabir, Chairman of the GPH...
The government has exempted VAT, and advance tax on import of capital machinery for ship-recycling yards to promote environmentally sustainable practices in line with global standards, reports UNB.The order comes into immediate effect and will remain valid until 26 June...
Gold prices edged down on Thursday, but held near a five-week peak, as risk appetite increased ahead of a European Central Bank monetary policy decision and investors awaited US PPI data for signals on the Federal Reserve's interest rate outlook,...
LONDON, Dec 12 (Reuters): Oil prices were little changed on Thursday as a forecast for ample supply in the oil market offset optimism stemming from rising expectations of a U.S. interest rate cut.Brent crude futures were down 8 cents at...
Sonali Bank PLC organised a training workshop on 'Grievance Redress System (GRS)’ using its software at the head office IT lab on Thursday. Deputy General Manager Md. Khairul Aalm presided over the workshop while Md. Shafi Ullah, Senior Assistant Secretary...
NEW DELHI/MOSCOW, Dec 12 (Reuters): Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries, three sources familiar...
NEW DELHI, Dec 12 (Reuters): Samsung has accused India's competition watchdog of unlawfully detaining its employees and seizing data in a raid carried out in connection with an antitrust investigation on Amazon and Walmart's Flipkart, a legal filing shows.Samsung is...
The 33rd Annual General Meeting (AGM) of KDS Accessories Ltd. was held virtually on Thursday. The meeting was presided over by Khalilur Rahman, chairman of the company. Among others, Managing Director Salim Rahman, , members of the Board Tahsina Rahman,...
National Finance Limited held its 215th board meeting at the company's head office in Dhaka on Wednesday. Fahima Mannan, Chairman of the company, presided over the meeting in presence of Arifa Kabir, Vice Chairman; Ridwan Zahir Khan, Director; Abu Shamsul...
The shareholders of Chittagong Stock Exchange PLC (CSE) have approved a 5.0 per cent dividend for the fiscal year 2023-2024. The approval was given in the 29th Annual General Meeting (AGM) of CSE held at its building in Chattogram on...
Bank Asia PLC has organised a seminar on 'Identification of Women Entrepreneurs and Loan Disbursement' in the CMSE sector at Jhenaidah Sishu Academy recently. SM Hasan Reza, Executive Director of Bangladesh Bank, Khulna Office, was present as the chief guest...
Eastern Bank PLC (EBL) in collaboration with Payment Network Partner MasterCard has relaunched the bank's widely popular Mastercard Aqua Prepaid Card at the bank's head office in the city on Thursday. Apart from regular features, the relaunched ergonomic vertical card...
Southeast Bank PLC hosted an engagement programme for representatives from leading Hajj agencies with MA Kashem, Chairman of the bank, at the bank's Head Office in Dhaka on Thursday, reaffirming its commitment to fostering strong partnerships and providing tailored financial...
Minister for Sustainability and Environment and Trade of Singapore Grace Fu Hai Yien has said many Singaporean companies have interest in investment in Bangladesh, reports BSS. Grace Fu said this in a meeting with Lutfey Siddiqi, Bangladesh Special Envoy for...
A ship, carrying 52,500 tonnes of wheat imported from Ukraine reached Chattogram, the first consignment of food grains imported under the interim government, reports UNB.The ship, 'MV Enjoy Prosperity', anchored at Kutubdia, the outer anchorage of Chittagong Port on Thursday,...
United Commercial Bank PLC (UCB), under the agricultural support scheme 'Bhoroshar Notun Janala', has recently organized a skill development training program for agri-entrepreneurs hailing from Sherpur.This is the 59th district where UCB conducted this skill development program. The day-long programme...
The Bangladesh Mobile Phone Consumers' Association (BMPCA) has urged the government and the Bangladesh Telecommunication Regulatory Commission (BTRC) to revise policies to reduce the floor price for voice calls, aiming to make communication more affordable, reports UNB.The BMPCA has called...
Feroz Ahmed and Md Fazlur Rahman have been elected vice chairmen of the Board of Directors of AB Bank PLC at the 802nd board meeting held on December 10, says a statement.Firoz Ahmed served as a director of the bank's...
NEW YORK/LONDON, Dec 12 (Reuters): Global stocks were down and major Wall Street indexes fell on Thursday after the European Central Bank cut interest rates for a fourth time this year, and gold prices dropped.European stocks pared losses after the...
ORLANDO, Florida, Dec 12 (Reuters): One of the many curiosities of 2024 has been how global stocks have surged so strongly even as central banks have drained liquidity from the system. The question for markets is, if draining liquidity wasn't...
FE REPORT | 2024-12-13 00:00:00
The audit firm of Premier Leasing & Finance Limited have raised serious concerns about the company's ability to continue operations, as its key financial indicators have been in the negative over the past four consecutive years.The negative financial indicators of...
Mushfiqur Rahman | 2024-12-13 00:00:00
International Oil Companies (IOCs) did not respond to Petrobangla's invitation for participation in oil and gas exploration bidding in the Bay of Bengal offshore blocks. Earlier Petrobangla floated open tender for bidding on March 10, 2024. The deadline for submission...
Bangladesh's economy is heavily reliant on the ready-made garment (RMG) industry, which accounts for 82 per cent of its total export earnings. However, overreliance on this sector poses risks, especially during global disruptions. To ensure sustainable growth, Bangladesh must diversify...
The growing skill gap in the job market has become critical. The country may have a young, vibrant population, but many businesses are having trouble finding workers with the necessary skills to fill vacant positions.In a recent research, the Bangladesh...
Shiabur Rahman | 2024-12-13 00:00:00
The sight of long queues trailing behind trucks that sell essential commodities at subsidised prices has become a common sight on streets of Dhaka and other major cities. These trucks, operated by the state-run Trading Corporation of Bangladesh (TCB), serve...
Nilratan Halder | 2024-12-13 00:00:00
In a global village, Bangladesh is certainly not a dream destination for migrant workers from around the world. Actually, the reverse is the case. A small country with an oversize population, has to look for works for the inflating ranks...
FE REPORT | 2024-12-12 12:00:00
A fast-delivery credit of US$600 million has been approved by the Asian Development Bank (ADB) for budget and reform supports to enable Bangladesh weather transitional economic impacts and boost forex reserves.The Board of the Manila-based lender endorsed Wednesday the assistance...
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