Islami Bank Bangladesh PLC inaugurated its 399th branch namely 'Gangni Branch' in Meherpur on Thursday. Mohammed Monirul Moula, managing director of the bank, inaugurated the branch as the chief guest. Md Altaf Hossain, additional managing director, and Md Maksudur Rahman,...
Mercantile Bank PLC inaugurated a state-of-the-art CRM Booth on its Head Office premises Thursday, offering 24/7 cash deposit and withdrawal service through a single machine. Mati Ul Hasan, Managing Director of the bank, along with other officials launched the facility....
Bangladesh must meet strict conditions if it wants to get budget support from various partner organisations, including the International Monetary Fund (IMF), and, as a result, the current tax exemptions in industry and trade will be reduced 'drastically', according to...
LONDON, Dec 5 (Reuters): Qatar will invest 1 billion pounds ($1.3 billion) in climate technology in the United Kingdom, with engineering company Rolls-Royce set to benefit from some of the cash to support its energy transition, the British government said...
FE REPORT | 2024-12-06 00:00:00
A three-day fair styled 'MIDAS Winter SME Fair - 2024' began at the MIDAS Centre in the city on Thursday hosting youth and women entrepreneurs to encourage further employment and promote women's empowerment.As many as 70 youth and women entrepreneurs...
FE REPORT | 2024-12-06 00:00:00
The Asian Development Bank (ADB) and the Meghna Group of Industries have signed a $20-million loan agreement to support the construction of a greenfield, state-of-the-art, energy-efficient flour-milling plant in Bangladesh.This new facility will double the group's wheat flour output and...
WASHINGTON, Dec 05 (Reuters): The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the labor market continued to steadily cool.Initial claims for state unemployment benefits rose 9,000 to a seasonally adjusted 224,000 for...
LONDON, Dec 05 (Reuters): Broadcom said on Thursday its custom chip unit, which makes AI processors for cloud providers, has developed new technology to enhance semiconductor speeds amid escalating demand for generative artificial intelligence infrastructure.Palo Alto, California-based Broadcom is among...
HANOI, Dec 05 (AFP): Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday.Goods ordered on Temu were no longer being cleared through customs in...
Dec 5: Asian stocks were under selling pressure from foreign investors for a second consecutive month in November amid worries over potential US tariff hikes on regional exports under the incoming Donald Trump administration next year, reports Reuters.Foreigners net withdrew...
MUMBAI, Dec 5 (Reuters): Nomura stuck by its contrarian call that the Reserve Bank of India will lower interest rates on Friday as concerns over economic growth overshadow worries about high inflation and the rupee's weakness.Nomura is one of the...
ONDON, Dec 5 (Reuters): Business leaders globally are worried about the risk of recession, labour shortages and rising inflation, despite some signs of improvement in economic conditions, a World Economic Forum survey said on Thursday.Extreme weather events are an increasing...
Dec 5: European stocks hovered near one-month highs on Thursday as investors shrugged off concerns about political instability in France after lawmakers voted to topple Prime Minister Michel Barnier's government in a widely expected move, reports Reuters.The pan-European STOXX 600...
Dec 5: The risk premium investors demand to hold French debt rather than German Bunds dropped on Thursday after the widely expected collapse of the French government, reports Reuters.Far-right and left-wing lawmakers joined forces early this week to back a...
Sonali Bank Staff College organised a five-week foundation course for newly appointed senior officers and other officers. A certificate award ceremony was held at the end of the course on Thursday. Sonali Bank MD & CEO Md Shawkat Ali Khan...
The 4th meeting of the Policyholder Protection & Compliance Committee of Takaful Islami Insurance Limited was held at Dhanmondi in the city on Wednesday. Chairman of the Committee Khorshed Alam Khan presided over the meeting attended by Tahmina Afroz, Abul...
The 22nd Annual General Meeting (AGM) of Matin Spinning Mills PLC was held virtually on Wednesday. Abdul Wahed, Chairman of the company, presided over the meeting. Vice Chairman MA Rahim, Managing Director MA Jabbar, and Directors MA Quader, Selina Perveen,...
Social Welfare, Women and Children Affairs Adviser Sharmeen S Murshid visiting a stall after inaugurating the Ananda Mela-2024 organised by Mohila Committee of Dhaka Officers' Club on the club premises on Thursday. —PID
EXIM Bank on Thursday inaugurated its 153rd branch in Borguna. Mohammad Feroz Hossain, managing director and chief executive officer, was the chief guest at the event. Md. Anisul Alam, regional manager for the bank's Dhaka South zone, presided over the...
Southeast Bank extended financial support from its special corporate social responsibility (CSR) fund to Sylhet Agricultural University to facilitate research. A cheque was handed over to Professor Dr. Md. Alimul Islam, vice chancellor; Sylhet Agricultural University (SAU). Nuruddin Md. Sadeque...
Saudi Arabia’s Public Investment Fund and Bpifrance Assurance Export have signed a memorandum of understanding valued at $10 billion to enhance financial cooperation between the two nations, reports Arab News.The agreement, announced in a press release, will provide financing support...
President Mohammed Shahabuddin on Thursday called on Malaysian investors to invest in Bangladesh's various sectors, including special economic zones, reports UNB.The President made the call when newly appointed Malaysian High Commissioner to Bangladesh Mohd Shuhada Othman presented his credentials to...
Shell, BP, Aramco and Glencore are among nearly two dozen firms Bangladesh has approved as suppliers of spot liquefied natural gas (LNG) as it seeks to boost competition and cut costs, the country's top energy official told Reuters.Bangladesh's spot market...
FE REPORT | 2024-12-06 00:00:00
Jute Spinners has been flying high on the Dhaka Stock Exchange (DSE) while the company has been counting losses for more than a decade without any chance of recovery.The factory has produced nothing since 2016. Revenue is zero. Other financial...
FE REPORT | 2024-12-06 00:00:00
Department of Cooperatives official Md Abul Khayer and his associates have been slammed with fines worth more than Tk 1.35 billion for manipulating share prices of four listed companies.This is not the first time he has been found guilty of...
Two cosmetic manufacturing companies were fined Tk 70,000 on charges of illegal manufacturing and selling items in the district on Thursday, reports BSS. The divisional office of BSTI, Rajshahi conducted the drive at different areas at Charghat upazila in Rajshahi....
NARAYANGANJ, Dec 05 (bdnews24.com): A high school headmaster has died while trying to get on board a moving train in Narayanganj.The accident occurred at the Narayanganj Central Rail Station at 7:20pm on Wednesday, said Inspector Mokhlesur Rahman, chief of Narayanganj...
OUR CORRESPONDENT | 2024-12-06 00:00:00
PABNA, Dec 05: Local farmers have taken initiative to grow eggplant aplenty in all nine upazilas of the district as vegetables sell at the skyrocketing prices in the markets.However, Ishwardi and Pabna Sadar upazilas of the district are the largest...
OUR CORRESPONDENT | 2024-12-06 00:00:00
COX'S BAZAR, Dec 05: Not in the sea, but on the top of a green hill, a ship lies conspicuously stationary. Its name is Swapnatori. The nearly 5,000 square-foot Swapnatori Park developed in the surroundings of the ship in Ramu...
Boland back with pride at stake ADELAIDE, Australia, Dec 05 (AFP): Australia head into the second Test against India in Adelaide fired up by pride, captain Pat Cummins said Thursday, as his team seek to bounce back from a crushing...
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