Concord Architects & Interior Decor Limited, a leading interior solutions company, has signed an agreement with Mutual Trust Bank PLC (MTB) at Concord Group's corporate office in the city recently. Under this agreement, MTB clients are set to enjoy exclusive...
UCB Investment Limited (UCBIL), a wholly owned subsidiary of United Commercial Bank PLC, has achieved a milestone by securing six prestigious awards at the FinanceAsia Achievement Awards 2024, says a statement.UCB Investment won two Best House Awards in the Asia...
LONDON, Dec 8 (Reuters): Asian spot liquefied natural gas (LNG) prices edged down last week as high inventories depressed demand, but prices remained near their highest level this year, tracking European gas prices which have risen on supply concerns.The average...
Bangladesh anticipates that the ongoing trade slowdown with India, which has persisted over the past two to three months, will be resolved soon, Foreign Adviser Md Touhid Hossain said on Sunday. "The slowdown is impacting not just Bangladesh but also...
FE REPORT | 2024-12-09 00:00:00
Readymade garment exporters in Bangladesh are facing banking-related challenges, particularly in cases of raw material imports and product exports, according to a latest study by the Bangladesh Institute of Development Studies (BIDS). The most pressing concerns included delays in opening...
NEW YORK, Dec 08 (Reuters): The president and financial chief of China's Ant Group, Cyril Han, will take over from Eric Jing as chief executive from March 1, showed an internal memo seen by Reuters which was confirmed by a...
HANOI, Dec 08 (Reuters): Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production plant that will double its output capacity, saying it is needed to meet increased demand for its small and...
Community Bank Bangladesh PLC hosted its Annual Risk Conference 2024 at the bank's Head Office recently. The conference was chaired by Mohammad Abdul Qaium Khan, Managing Director (Current Charge) of Community Bank. Saiful Alam, Chief Risk Officer (CRO); Mohammad Khairul...
The 119th meeting of the Audit Committee of the Board of Directors of Standard Bank PLC was held at the bank's Head Office in Dhaka on Sunday. Chairman of the committee Golam Hafiz Ahmed presided over the meeting attended by...
An extraordinary meeting of the Board of Directors of Janata Bank PLC was held at its head office in Dhaka on Saturday to discuss ways to recover loans from top defaulters in collaboration with the government and Bangladesh Bank. Chairman...
NRB Bank PLC, a leading emerging bank of the country, opens its Maijdee Branch in Noakhali recently. Tarek Reaz Khan, Managing Director of NRB Bank, formally inaugurated the branch as the chief guest. Deputy Managing Director Anwar Uddin, SEVP &...
NEW YORK, Dec 08 (Reuters): The US government has approved the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab Emirates as part of the company's highly-scrutinized partnership with Emirati AI firm G42, Axios reported...
The Institute of Chartered Secretaries of Bangladesh (ICSB) organised a reception programme for newly registered members of the Institute at Holiday Inn in Dhaka on Saturday. Md Selim Uddin, Secretary, Ministry of Commerce, was present as the chief guest. Thirty-Seven...
To enhance access to books for readers of all backgrounds, bKash, in partnership with Prothom Alo Trust, has distributed 120,000 books to 393 libraries established by different individuals, organisations, or collaborative initiative across 28 districts of the country, says a...
FE REPORT | 2024-12-09 00:00:00
Moynul Islam, vice chairman of Monno Ceramic Ind Ltd, has been selected as the President (acting) of Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) in absence of incumbent President Md Shirajul Islam Mollah.Moynul was selected in the 51st board meeting...
Savvata By Rifah, a new symbol of elegance and luxury in Bangladesh's fashion industry, was officially launched in Dhaka recently, marking the debut of the brand's exclusive bridal and luxurious fashion collections.The brand offers fashion enthusiasts an array of exclusive...
TIRUNELVELI, India, Dec 6 (Reuters): Tata Power's, newly built 4.3 gigawatt (GW) solar module and cell manufacturing facility in southern India will largely cater to domestic markets, its chief executive said, even as exports from the country have grown exponentially.Tata...
Prime Bank PLC has recently signed a payroll agreement with AkijBashir Group at their corporate office. Under this agreement, employees of AkijBashir Group will enjoy preferential banking service, including Credit Card and loan facilities, from Prime Bank. They will also...
Modhumoti Bank on Saturday organised a meeting to raise awareness on anti-money laundering and countering the financing of terrorism in the capital's International Conference Center, Police Staff College, Mirpur. A.K.M. Ehsan, the head of Bangladesh Financial Intelligence Unit, delivered his...
The business leaders strongly urged the government to take immediate action to facilitate the economic growth, maintain a stable law-and-order situation in industrial areas, and ensure the safety and security of all factories, including those in the garment sector, reports...
Mutual Trust Bank has recently published the official version of its '10th Annual Sustainability Report 2023' following the Global Reporting Initiative (GRI) standards. The report highlights MTB's efforts to address environmental, social, and governance (ESG) priorities while delivering long-term value...
NEW YORK, Dec 6 (Reuters): The US dollar rose on Friday, as earlier selling, amid a jobs report showing higher unemployment and modest job gains overall, lost momentum ahead of an inflation report next week that could either reinforce or...
FE REPORT | 2024-12-09 00:00:00
The daily trade turnover on the Dhaka Stock Exchange (DSE) tumbled to four-month low on Sunday as investors were reluctant to make fresh investments in stocks due to the bleak market outlook.Turnover, a crucial indicator of the market, stood at...
HABIGANJ, Dec 08 (bdnews24.com): Over 100 people, including police, have reportedly been injured when a massive clash broke out between the residents of four villages at Bahubal upazila in Habiganj district over an autorickshaw fare.The clash continued from 10am to...
CHANDPUR, Dec 08 (UNB): Residents of five to six villages under Paikpara union in Faridganj upazila have been suffering for years due to the hazardous condition of a locally-built wooden bridge, their lone means of communication.The wooden bridge, connecting East...
TAHJIBUL ANAM | 2024-12-09 00:00:00
COX'S BAZAR, Nov 08: Dilapidated condition of the Saint Martin Island's jetty resulting from unremitting soil erosion has made movement of tourists and local residents of the island very much risky. Tourists as well as local residents have to make...
ADELAIDE, Australia, Dec 08 (AFP): A resurgent Australia thumped India by 10 wickets to win the second Test on Sunday and level their blockbuster five-match series 1-1 after a batting and bowling masterclass at fortress Adelaide Oval.Chasing just 19 for...
WELLINGTON, Dec 08 (AFP): An aggressive England dominated almost from start to finish to thrash New Zealand by 323 runs on Sunday in the second Test and emphatically win the series with a match to go.Joe Root scored a century...
In a bid to avoid a series sweep in the T20 format, the Bangladesh Women's team will take on Ireland in the third and final match at the Sylhet International Cricket Stadium today (Monday). The match will start at 10am,...
Players of Bangladesh's Under-19 cricket team celebrating with the 2024 U-19 Asia Cup trophy after winning against India in Dubai on Sunday -BCB (Story on page 1)
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