Chinese company YiXin Bangladesh Company Ltd will set up a shoe accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ), reports BSS.They will invest $ 7.45 million to produce annually 10 million pairs of footwear materials. The company will create...
In response to the devastating floods impacting northeastern and southeastern Bangladesh, Standard Chartered Bangladesh is delivering emergency relief to 100,000 flood-affected individuals. The bank is providing relief packages containing provisions for meals over seven days, reaching impacted communities across flood-impacted...
FE REPORTStagwell, a US-based technology marketing services company, has recently expanded its operations in Bangladesh affiliating with a local advertising agency Arena Media Bangladesh.Listed in NASDAQ or New York based stock exchange, Stagwell has partnership with the globally renowned brands...
Abul Quasem Haider has been elected as the Chairman of Islamic Finance and Investment Limited (IFIL), says a press release. The decision came during the 350th meeting of the Board of Directors of IFIL held on September 5. He is...
Brig Gen (retd) M Sakhawat Hossain, adviser to the Ministries of Shipping, and Textiles and Jute, visited the Sadarghat Terminal in Dhaka on Saturday afternoon, reports UNB.During the visit, Port Officer Kabir Hossain provided a brief overview of the various...
Zakaria Taher has been elected chairman of the risk management committee of National Bank Limited and a bank director. This decision was made recently during the bank's 505th Meeting of the Board of Directors.Mr. Zakaria is an entrepreneur and businessman...
"RAK Ceramics PJSC, headquartered in Ras Al Khaimah, UAE, is a multinational company with a strong reputation built over three decades. It operates in over 150 countries worldwide.RAK Ceramics Bangladesh Ltd, is a joint stock company, listed with both Dhaka...
First Security Islami Bank's Managers Conference heldA view exchange meeting of First Security Islami Bank's new Board of Directors was held virtually with the bank's Management, Divisional Heads, Zonal Heads and Branch Managers on Saturday. Chairman of the Board of...
FE REPORT Dhaka Chamber of Commerce and Industry (DCCI) said on Sunday that the Bangladesh Bank's (BB) decision on lifting the letter of credit (LC) margin will help stimulate trade and investment in the country.It also said that 'Revolving Refinancing...
Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed on Sunday said that the export prospect was comparatively better in the current fiscal year (FY25) as it would increase in the changing context, reports...
RIYADH, Sept 08 (Arab News): Saudi banks real estate loans reached SR816.83 billion ($217.82 billion) in the second quarter of 2024, marking an annual 12 per cent rise, according to official data.Figures from the Saudi Central Bank, also known as...
Daraz Bangladesh is set to commemorate its anniversary with a grand celebration, inviting shoppers nationwide to participate in an exclusive shopping event. The 9.9 Anniversary Sale, running from September 9 to September 15, transforms the online market place into a...
In response to the growing global demand for large-format tiles, Akij Ceramics introduces its new Kathena premium series, featuring 100x100 cm (1000x1000 mm) tiles, says a press release. These grand tiles are designed to deliver a seamless and luxurious aesthetic...
MetLife Bangladesh has received the "Great Place To Work" certification, making it the only insurance company in Bangladesh to earn this prestigious recognition, says a press release.The recognition is based entirely on what current employees say about their experience working...
ONE Bank distributes cooked food among flood-HIT peopleONE Bank PLC distributed cooked food among about 16,500 flood-affected people at 69 shelters for flood victims in severely affected Feni, Lakshmipur and Noakhali. Bank's Relief Coordination Committee along with the officers and...
Rupali Bank HOLDS Business Conference-2024 of Rajshahi DivisionA Business Conference-2024 of Rajshahi Division of Rupali Bank PLC was held at Nanki Darbar Hall in Rajshahi on Saturday. Managing Director of the bank Mohammad Jahangir was present at the conference as...
A delegation of Shippers' Council of Bangladesh (SCB) led by its Chairman Md Rezaul Karim paid a courtesy call on Shipping and Textiles & Jute Adviser Brigadier General (Retd) Dr M Sakhawat Hossain at the conference room of the Ministry...
FE REPORT | 2024-09-09 00:00:00
The USAID-funded Feed the Future Bangladesh Trade Activity held a validation workshop on the e-Appeal procedure, marking a pivotal advancement in the digitisation of Bangladesh's Customs Appeal system. The workshop brought together key figures from the National Board of Revenue...
Global equity funds experienced their first weekly outflow in four weeks in the week to September 4, as cautious investors pulled back on concerns about global economic growth and ahead of a data-heavy week culminating in the US jobs report,...
NEW YORK, Sept 8 (Reuters): Uncertainty over the US economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling with a shift in Federal Reserve policy, a tight US election and worries over stretched...
MIDLAND BANK, KOKOMO SUNSET RESORT SIGN MOUMidland Bank (MDB) signed a MoU with Kokomo Sunset Resort, a beautiful tourist destination located at Kapasia, Gazipur, just a 40-minutes drive from Dhaka. The resort is an enchanting blend of nature and luxury...
PROBASHI KALLYAN BANK PARTNERS WITH CITY BANK Probashi Kallyan Bank (PKB) and City Bank signed an agreement on Saturday at the Ministry of Expatriates' Welfare and Overseas Employment. Workers, who took loans from PKB, will now be able to send...
FE Report | 2024-09-09 00:00:00
The broad index of the Dhaka Stock Exchange (DSE) on Sunday experienced a sharp decline extending the losing streak for five consecutive sessions as a majority of the listed securities lost prices.Despite having a positive start, the DSEX failed to...
FE REPORT | 2024-09-09 00:00:00
SK Trims & Industries has announced closure of its factory, saying it is unable to continue operations with its bank accounts frozen since July this year.All nine bank accounts meant to facilitate exports, imports, daily transactions, and dividend distributions by...
NEW DELHI, Sept 08 (Reuters): Afghanistan captain Hashmatullah Shahidi finds himself in an unenviable position as his injury-ravaged side face a formidable New Zealand in a one-off test in Greater Noida, near New Delhi, on Monday.Afghanistan's hopes of pulling off...
LONDON, Sept 08 (AFP): England's World Cup-winner Moeen Ali has retired from international cricket, with the 37-year-old insisting: "I've done my part."The spin-bowling all-rounder, in an interview with Britain's Daily Mail, said he made the decision after he was overlooked...
Bangladesh players Hasan Mahmud (top), Liton Das (bottom left) and Mushfiqur Rahim training during team's practice session at the Sher-e-Bangla National Cricket Stadium in the city on Sunday, ahead of their India tour which will begin with the first Test...
Shakib Al Hasan will play a four-day County Championship game today (Monday) when his side Surrey will take on Somerset at Taunton, reports BSS.Allrounder is recruited for this game only in the County Championship. After the game, he will join...
LALMONIRHAT, Sept 08 (UNB): Consumers in Lalmonirhat are becoming increasingly frustrated as prices of essential commodities like rice, onions, garlic, and potatoes continue to rise. The soaring prices of daily necessities have left many, especially those with low or limited...
CHATTOGRAM, Sept 08 (UNB): Transport owners suspended bus movement on Chattogram-Cox Bazar route on Sunday morning in protest against attacks on some transport workers, resulting in immense suffering of commuters.Transport workers said they staged demonstrations in the Natun Bridge area,...
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