FE Today Logo

Search results for:


Trust Bank signs Payroll Agreement with Leading University

2024-12-03 00:00:00

Trust Bank PLC has recently entered into a payroll banking agreement with Leading University, Sylhet, facilitating enhanced banking services. The agreement was formalised at a ceremony held at a hotel in Sylhet. Ahsan Zaman Chowdhury, Managing Director of the bank,...

Islami Bank holds board meeting __

2024-12-03 00:00:00

A meeting of the Board of Directors of Islami Bank Bangladesh PLC was held on Monday at Islami Bank Tower. Obayed Ullah Al Masud, Chairman of the bank, presided over the meeting. Md. Abdul Jalil, Chairman, Executive Committee, Dr. M....

First Security Islami Bank training on Managerial Functions

2024-12-03 00:00:00

First Security Islami Bank PLC organised a two-day training course on 'Managerial Functions and Leadership' recently at the bank's Training Institute to develop professional skills and leadership qualities of its officials. Mohammad Abdul Mannan, Chairman of the bank, was present...

CAB demands action against unscrupulous traders

2024-12-03 00:00:00

Consumers Association of Bangladesh (CAB), a platform of consumer rights protection, on Monday formed a human chain in the capital protesting price hike of essentials and placed an 8-point demand including one to ensure exemplary punishment of unscrupulous traders.The human...

Countries fail to reach agreement in UN plastic talks

2024-12-03 00:00:00

BUSAN, South Korea, Dec 2 (Reuters): Countries negotiating a global treaty to curb plastic pollution failed to reach agreement on Monday, with more than 100 nations wanting to cap production while a handful of oil producers were prepared only to...

CA invites more Swedish investment

2024-12-03 00:00:00

Chief Adviser Prof Muhammad Yunus on Monday invited more Swedish investment, saying the interim government is carrying out vital reforms to ensure ease in doing business in the country.Dr Yunus made the request when Swedish Ambassador to Bangladesh Nicolas Weeks...

Lenovo launches Ideapad Slim 3i laptop

2024-12-03 00:00:00

Lenovo has recently launched high-performance Lenovo ideapad Slim 3i laptop with Military Grade-STD-810H certifications in the local market, says a statement.This 13th generation laptop is powered by the Intel Core i7-13620H processor, with a clock speed ranging from 3.6 to...

Syngenta Asia head Paul visits Bangladesh

2024-12-03 00:00:00

Paul Luxton, head of Asia at Syngenta, arrived in Bangladesh on Monday, says a statement. With a distinguished 30-year career, Paul has held key leadership roles at Syngenta, where he has driven growth by aligning Syngenta global R&D strategies with...

Chinese co to invest $19.5m in Mongla EPZ for textile manufacturing facility

2024-12-03 00:00:00

Bangladesh BaoRui Textile Co. Ltd., a Chinese company, is set to invest US$ 19.53 million in Mongla Export Processing Zone (Mongla EPZ) to establish a composite textile manufacturing industry, reports BSS. To this end, the Bangladesh Export Processing Zones Authority...

BAIRA polls: HC orders appointment of administrator

FE REPORT | 2024-12-03 00:00:00

The High Court (HC) on Monday ordered the government bodies concerned to appoint an administrator to the Bangladesh Association of International Recruiting Agencies (BAIRA) to hold elections for the manpower exporters' organisation. The commerce secretary was asked to appoint the...

KEPZ to fast-track land regi, ease bond licensing to attract foreign investment

2024-12-03 00:00:00

The governing body of the Korean Export Processing Zone (KEPZ), headed by the Chief Adviser of the interim government, decided on Monday to fast-track its land registration and ease its bond licensing procedure to turn the key industrial park into...

UCB HOSTS SKILLS DEV TRAINING FOR AGRI ENTREPRENEURS

2024-12-03 00:00:00

United Commercial Bank PLC's (UCB) agricultural support scheme 'Bhoroshar Notun Janala' has conducted its 57th skill-development training session in Munshiganj recently. A total of 150 agricultural entrepreneurs from six upazilas participated in the session held at the Zara Convention Centre....

Malaysia urges Chinese firms to avoid using it to dodge U.S. tariffs

2024-12-03 00:00:00

KUALA LUMPUR, Dec 2 (Reuters): Malaysia has urged Chinese companies to refrain from using it as a base to "rebadge" products to avoid US tariffs, its deputy trade minister said on Monday, amid increasing export restrictions and concerns of a...

Indonesia's headline inflation eases to 1.55 per cent in Nov

2024-12-03 00:00:00

JAKARTA, Dec 2 (Reuters): Indonesia's annual inflation eased to 1.55 per cent in November, official data showed on Monday, for the slowest rate since July 2021 amid lower prices of some food items.November's reading eased from 1.71 per cent in...

SOUTHEAST BANK HOSTS SWIFT AWARENESS WORKSHOP

2024-12-03 00:00:00

Southeast Bank recently organised a workshop titled 'Transitioning to ISO 20022 & Awareness on SWIFT Security' at its training institute with the participation of 55 officials from the bank's different branches and divisional head offices. Guest facilitators, Md. Abul Bashar,...

Emerald Oil relegated to junk status

FE REPORT | 2024-12-03 00:00:00

The Dhaka Stock Exchange (DSE) downgraded Emerald Oil Industries to 'Z' category from 'A' category, effective from today (Tuesday), as its production has remained suspended since January this year.According to a recent directive of the Bangladesh Securities and Exchange Commission,...

BANK ASIA, SHARETRIP INK DEAL TO OFFER DISCOUNTS

2024-12-03 00:00:00

Bank Asia signed an agreement with ShareTrip to provide the bank's credit card holders with monthly instalment facilities and discounts on flight and domestic hotel bookings from the travel agency's outlets and website. Zishan Ahammad, the head of cards of...

Jamuna Oil makes record profit, buoyed by interest income

FE REPORT | 2024-12-03 00:00:00

Jamuna Oil Company's profit jumped almost 30 per cent year-on-year to Tk 4.42 billion in FY24, as income from bank deposits escalated amid rising interest rates.The state-run oil distributor's earnings per share (EPS) stood at Tk 40 for FY24, increased...

Kattali Textile to face the music for money laundering

BABUL BARMAN and FARHAN FARDAUS | 2024-12-03 00:00:00

Kattali Textile has laundered money from the funds raised through its 2018 IPO, and now the stock market regulator has handed its investigation report to the CID for actions under the Money Laundering Prevention Act 2012.A primary investigation by the...

News in Brief -2024-12-03

2024-12-03 00:00:00

Biden gives son 'unconditional' pardonNEW YORK, Dec 02 : US President Joe Biden has issued an official pardon for his son Hunter, who was facing sentencing for two criminal cases, despite previously ruling it out. In a statement, the president...

25 die as Russia, Syria bomb rebel areas

2024-12-03 00:00:00

IDLIB, Dec 02 (Reuters): At least 25 people were killed in northwestern Syria in air strikes carried out by the Syrian government and Russia, the Syrian opposition-run rescue service known as the White Helmets said early on Monday.Russian and Syrian...

Gaza situation appalling, apocalyptic, says Guterres

2024-12-03 00:00:00

CAIRO, Dec 02 (AFP): The United Nations chief said Monday the situation in war-torn Gaza was "appalling and apocalyptic", warning conditions faced by Palestinians in the territory may amount to the "gravest international crimes".In remarks read out on his behalf...

Clashes leave 56 dead in Guinea football match

2024-12-03 00:00:00

CONAKRY, Dec 02 (BBC): At least 56 people have been killed in clashes at a football match in Guinea's second-largest city, Nzérékoré, the government says.Some reports indicate that it was sparked by a referee sending off two players from the...

Wheat falls on supply pressure -

2024-12-03 00:00:00

SINGAPORE/HAMBURG, Dec 2 (Reuters): Chicago wheat fell on Monday, pressured by low prices in export markets offered for wheat from Argentina, Russia and other Black Sea producers, with dealers shrugging off new Russian export quotas.Soybeans were slightly weaker, with expectations...

Palm oil snaps five-day rally

2024-12-03 00:00:00

JAKARTA, Dec 2 (Reuters): Malaysian palm oil futures fell on Monday, snapping a run of five consecutive sessions of gain, dragged down by weakness in Dalian and Chicago soyoil prices and lower exports in November.The benchmark palm oil contract for...

Airbus deliveries top 80 aircraft in November

2024-12-03 00:00:00

PARIS, Dec 2 (Reuters): Airbus deliveries rose sharply in November to more than 80 jets as the planemaker recovered from a downturn and made progress towards year-end targets, industry sources said.The world's largest planemaker declined comment on the monthly deliveries,...

Gold drops 1pc after four sessions of gains as dollar strengthens

2024-12-03 00:00:00

Gold dropped 1 per cent on Monday, ending a four-session winning streak, weighed down by a robust US dollar, as investors eyed upcoming economic data and remarks from Federal Reserve officials for clues on the future of US interest rates,...

Oil rises on upbeat China data, Middle East tensions

2024-12-03 00:00:00

Oil prices rose more than 1 per cent on Monday, supported by strong factory activity in China, the world's second-largest oil consumer, and escalating tensions in the Middle East, where Israel resumed attacks on Lebanon despite a ceasefire deal, reports...

Curse of unemployment

2024-12-03 00:00:00

Unemployment in Bangladesh significantly impacts both individuals and the economy. It contributes to an economic slowdown by reducing overall national productivity, as fewer people are employed to generate income. This limits the country's GDP growth and stifles economic development. The...

Taking a break from daily grind

2024-12-03 00:00:00

In today's fast-paced world, the pressure of work and constant stress are taking a toll on mental health. Long working hours, heavy workloads, and the lack of proper breaks contribute to anxiety, depression, and extreme stress, impacting both mind and...