Tour Operators Association of Bangladesh (TOAB) called on the government on Wednesday to cancel new deposit requirements and address inconsistencies in the 'Tour Operator and Tour Guide Act, 2024', warning that these measures could harm future of the tourism industry,...
BEIJING, Sept 25 (Reuters): Sales of foreign-branded smartphones, including Apple Inc's iPhone, in China fell 12.7 per cent in August year-on-year, according to data released on Wednesday from a government-affiliated research firm.Calculations based on the data from the China Academy...
NEW YORK, Sept 25 (Reuters): The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the US bond market, as some investors fear looser financial conditions could re-ignite price pressures.Yields on longer-dated Treasuries that are most...
NCC Bank organised a daylong training on 'CMSME, Sustainable Finance & Digital Financial Services (DFS)' recently in Chattogram for the CMSME Relationship Managers of that region. M. Shamsul Arefin, Managing Director & CEO of the bank, inaugurated the training programme...
The 29th Annual General Meeting of Southeast Bank PLC was held virtually on Wednesday. Alamgir Kabir, Chairman of the bank, presided over the meeting. Vice Chairman Md. Akikur Rahman, Founder Chairman and Sponsor Director M. A. Kashem, ex-Chairman and Sponsor...
The award ceremony of the Mastercard Summer Spend and Win Campaign, 'Stunning Sydney-2024' was held at a ceremony at a city hotel recently. Syed Mohammad Kamal, Country Manager of Mastercard Bangladesh, presented the 1st prize (a 3-night, 4-day round trip...
Industries Adviser Adilur Rahman Khan called for enhancing trade and investment between Bangladesh and South Korea, describing the country as one of the important development partners of his country, reports BSS."Bangladesh and South Korea signed a bilateral-trade agreement on June...
Shipping, Jute and Textiles Adviser Brig Gen (Retd) Dr M Sakhawat Hussain called upon on Wednesday the World Bank (WB) to invest in Bangladesh's jute and textiles sectors and shipbuilding industry, reports BSS."Jute and shipbuilding are enormously potential sectors ....
ACI Motors has organised a Sonalika Day - Annual Service Campaign and Feedback Sharing Session-2024 for its customers, says a press release. The campaign started on Tuesday with nine programmes at a time across the country. It was officially inaugurated...
Guardian Life Insurance Ltd and Grameen Digital Healthcare Solutions have announced a strategic partnership to offer enhanced insurance coverage aimed at making healthcare more affordable and accessible to individuals across Bangla-desh, says a press release. By combining the medical services...
FE REPORT | 2024-09-26 00:00:00
The objective of the present government is to ease and facilitate the country's trade and business.Finance and Commerce Adviser Salehuddin Ahmed said this at a meeting with the leaders of American Chamber of Commerce (AmCham) at the commerce ministry on...
FE REPORT | 2024-09-26 00:00:00
Metro Spinning Ltd, a concern of Makson Group, has announced to keep its factory closed for 12 more months for renovations aimed at enhancing production capacity. The spinning mill announced the closure of its factory through a stock exchange filing...
FE REPORT | 2024-09-26 00:00:00
The securities regulator has asked the Dhaka Stock Exchange (DSE) to investigate the unusual price movements and trading volumes of shares in Islami Bank Bangladesh.Islami Bank stock price soared 116 per cent to Tk Tk 70.4 on Wednesday at the...
FE REPORT | 2024-09-26 00:00:00
In a major push to enforce compliance, Dhaka Stock Exchange (DSE) has downgraded 27 more listed companies to the 'junk' or 'Z' category as half of them failed to declare any dividends for two consecutive years and the others did...
BERLIN, Sept 25 (Reuters): Germany's Commerzbank says its role as a key lender to the swathe of "Mittelstand" midsize companies that drive Europe's top economy is grounds to resist UniCredit's overtures. But Mittelstand leaders themselves are less convinced.Italy's UniCredit said...
BEIJING, Sept 25 (AFP): China's leadership announced new measures to boost employment, state media reported on Wednesday, a day after Beijing unveiled a sweeping stimulus package to bolster its ailing economy.The world's number two economy has struggled to sustain a...
Walton Digi-Tech Industries Limited and Military Institute of Science and Technology (MIST) have signed a Memorandum of Understanding (MoU) for a three-year partnership aimed at promoting research, cooperation, innovation and technological advancement, reports BSS.According to an ISPR release issued in...
An apparel factory in Garipur's Sreepur Upazila has been attacked and vandalised over the control of a business tied to cloth scraps and waste fabric, referred to locally as 'jhut', reports bdnews24.comPanic over the incident disrupted traffic on the Dhaka-Mymensingh...
PARIS, Sept 25 (Reuters): Global growth is in the process of stabilising as the drag from central bank rate hikes fades and falling inflation boosts households' incomes, the OECD said on Wednesday, marginally raising its outlook for this year.The world...
To enhance banking knowledge & efficiency, Shari'ah-based Standard Bank organised a two-day training on investment for the selective officials of Head Office & Branches of the bank. Md. Habibur Rahman, Managing Director & CEO of the bank, inaugurated the training...
FE REPORT | 2024-09-26 00:00:00
The government appointed Nahid Afroz as the administrator of Bangladesh Computer Samity (BCS), a trade organisation under the Ministry of Commerce, so that she can hold an election to form a committee for the trade body.The administrator has been given...
Shahjalal Islami Bank PLC has awarded scholarship to 350 poor and meritorious students who passed SSC exams across the country. Some 40 students received the scholarship cheques at a ceremony held at the Corporate Head Office of the bank on...
NAZIMUDDIN SHYAMOL | 2024-09-26 00:00:00
Almost a century-old rail-road bridge, known as the Kalurghat bridge, over Chattogram's largest river Karnaphuli, is scheduled to be officially open within November as the renovation works are coming almost to an end with only bridge painting and street light...
FE REPORT | 2024-09-26 00:00:00
The Bangladesh Association of Software and Information Services (BASIS) has proposed its direct involvement in automating the tax-exemption certification and integrating VAT collection into the NBR system.It also called for the removal of the 100-per cent cashless transaction requirement for...
The Bangladesh Power Development Board (BPDB) is preparing to float tenders for development of 10 grid-connected solar power plants in the private sector, each with a capacity of 50 MW, totaling 500 MW, reports UNB.According to official sources, the move...
Air Astra has decided to operate five daily flights on the Dhaka-Chattogram-Dhaka route from October 1 next in response to passenger demand.Since the commencement of its commercial operations, Air Astra has been providing daily flights to Chattogram and has gradually...
The Ethiopian Airlines, Africa's leading carrier, has finally announced the commencement of its new five weekly direct flights on Addis Ababa-Dhaka-Addis Ababa route from November 2 next."Bangladesh is a dynamic and growing market, and we are confident that our modern...
RAJSHAHI, Sept 25 (BSS): Rajshahi University (RU) has signed a Memorandum of Understanding (MoU) with Heifer International for improving village chicken production through boosting bilateral relations in the field of education and research.The MoU has been signed under the ongoing...
Oil prices fell more than 1 per cent on Wednesday as investors reassessed whether China's latest stimulus plans will be able to boost its economy and spur fuel demand in the world's largest crude importer, reports Reuters.Still, declining U.S. crude...
BENAPOLE, Sept 25 (UNB): Members of the Border Guard Bangladesh (BGB) arrested a suspected smuggler along with five gold bars weighing 2.30 kg from the Kanchabazar area of Benapole while attempting to smuggle them to India on Wednesday afternoon.The arrestee...
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