The 24th Annual General Meeting (AGM) of Pragati Life Insurance Limited was held virtually on Thursday. Director of the company Syed M. Altaf Hussain presided over the meeting. The shareholders unanimously approved 14 per cent cash dividend for the year...
FE REPORT | 2024-08-26 00:00:00
Mohammad Hatem, Managing Director of MB Knit Fashion Ltd., has succeeded Salim Osman as the President of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).Mr. Osman resigned from the post of President due to health issues, according to a statement...
Nagad, one of the country's leading mobile financial service providers, has introduced a specialised account as directed by the government, aiming to facilitate easy contribution to the state relief fund for flood victims.Unlimited donations can be made via this newly...
NRBC Bank donated Tk 10 million under its Corporate Social Responsi-bility, along with donation from Directors and other donation equivalent to one-day salary of all levels of employees for the flood-affected people, says a press release. Out of the amount,...
FE REPORT | 2024-08-26 00:00:00
The tax authority plans to eliminate human intervention in the auditing of taxpayers' files by implementing an automated scrutiny system soon, the revenue board chief said on Sunday. This decision came in response to complaints from the Federation of Bangladesh...
ICE cotton futures rose more than 2 per cent on Friday, hitting their highest level in a month, on lower US dollar and upbeat sentiment in wider financial and commodity markets, reports Reuters.Cotton contracts for December CTZ4 rose 1.74 cent,...
NEW YORK, Aug 25 (Reuters): Swiss chocolate maker Barry Callebaut said on Friday it had halted operations at one of its plants in Mexico after tests found that production at that site did not meet the company's quality standards.A spokesperson...
MADRID, Aug 25 (Reuters): Sunflower oil has dethroned olive oil as king of the kitchen in Spain, the world´s largest olive oil producer, as rising prices force consumers to switch to cheaper options.Spaniards bought 107 million litres (28.3 million gallons)...
SHANGHAI/Beijing, Aug 25 (Reuters): E-commerce retailer JD.com needs to convince investors of its relevance amid a stagnant Chinese e-commerce market, aggressive price war and now, the departure of Walmart, its biggest shareholder.Walmart announced this week a full exit from the...
The political unrest in Bangladesh has, temporarily, left the country crippled. Just when it seemed Bangladesh has slumped to their lowest point, cricket has given them something to cheer for, in fact, plenty. Although their cricket has not quite grown...
On the final day of the Rawalpindi Test, Shakib Al Hasan remarkably found his lost bowling rhythm, achieving a significant milestone as the Bangladeshi all-rounder is now the most successful left-arm spinner in the history of international cricket, report agencies.Shakib...
KARACHI, Aug 25 (Geo Tv): Cricket experts on Sunday dissected Pakistan's dismal performance against Bangladesh in the Test match that the hosts lost by 10 wickets.Bangladesh registered their first ever Test win over Pakistan in the series opener in Rawalpindi...
Bangladesh beat Pakistan by 10 wickets in the first Test match at Rawalpindi. Mushfiqur Rahim starred for the visitors with a sensational 191 in the first innings of the game which helped Bangladesh topple the Pakistan side. Speaking after the...
RAWALPINDI, Pakistan, Aug 25 (Agencies): Bangladesh captain Najmul Hossain Shanto said his team's first win in Test cricket against Pakistan on Sunday was a tribute to people killed during protests that toppled former premier Sheikh Hasina.The South Asian nation endured...
PANCHAGARH, Aug 25 (BSS): Farmers are happy to see bumper production and fair price of pomelo in the district as the juicy delicious fruit selling is going on in full swing in Debiganj appearing to be its large selling center.Pomelo...
BARISAL, Aug 25 (BSS): Two people were killed and seven others injured in a head-on collision between a passenger bus and a Mahendra on Dhaka-Barisal Highway on Sunday.The deceased were identified as Masuma Akhter, 32, hailed from Islampur village and...
OUR CORRESPONDENT | 2024-08-26 00:00:00
PABNA, Aug 25: Farming of Avocado, a Mexican fruit that is enriched with different nutrients, has started in Jhenaidah and its nearby districts for its high demand and profits.Avocado looks like guava and its scientific name is persea americana. Mexico...
OUR CORRESPONDENT | 2024-08-26 00:00:00
RAJSHAHI, Aug 25: Following the ouster of the Sheikh Hasina-led government, mob vandalised and set fire to a library named 'Belgachi Library and Pathak Club' in Rajshahi's Mohanpur upazila.On August 5, a massive crowd exalted over Sheikh Hasina's resignation as...
JACKSON HOLE, Wyoming, Aug 25 (Reuters): The US Federal Reserve's dovish shift will likely give the Bank of Japan some respite in its battle to tame a weak yen, but could complicate its efforts to raise interest rates if the...
NEW DELHI, Aug 25 (Reuters): The Indian government approved on Saturday a pension scheme which will guarantee federal government employees 50 per cent of their base salary as a pension, moving away from a current scheme where the payout is...
LONDON, Aug 25 (Reuters): Investors poured $37 billion into cash-like money market funds (MMFs) in the week to Wednesday, Bank of America said on Friday, as they braced for the US Federal Reserve to cut interest rates in September.It put...
ZURICH/LONDON, Aug 25 (Reuters): Nestle CEO Mark Schneider was ousted in a sudden decision by the world's biggest foodmaker as a result of the group's underperformance, three sources familiar with the matter told Reuters on Friday.Nestle announced Schneider's departure late...
BEIJING, Aug 25 (Reuters): China's Sinopec posted a 2.6 per cent rise in net profit for the first half of the year, it said on Sunday, as rising oil prices boosted income.China Petroleum & Chemical Corp as Sinopec is officially...
SEOUL, Aug 25 (Reuters): South Korea's government and ruling party have agreed to move up an electric vehicle battery certification programme, the party said on Sunday, as authorities seek to alleviate public safety concerns after a series of fires involving...
Bangladesh Krishi Bank (BKB) decided to donate TK 10 million from the bank's staffs salaries equivalent to a day's one to the Chief Advisor's relief and welfare fund to help the continuous and devastating flood-affected people of the country. The...
The 66th meeting of the Risk Management Committee (RMC) of the Board of Directors of Shahjalal Islami Bank PLC was held at its Corporate Head Office in Dhaka recently. The meeting was presided over by Md. Towhidur Rahman, Chairman of...
Institute of Chartered Secretaries of Bangladesh (ICSB) organised a day-long training on 'Filing of income tax return for companies and individuals: focusing on compliance with the Income Tax Act-2023' held at a city hotel in Dhaka on Saturday. ICSB President...
The officials and employees of Power, Energy and Mineral Resources Ministry have decided to donate an amount equivalent to one day's salary to relief and welfare fund of the Chief Adviser to the interim government, reports BSS.In order to help...
The Bangladesh Association of Pharmaceutical Industry (BAPI) in collaboration with the 'Anti-Discrimination Student Movement,' organised a relief programme to provide medical and food support to flood-affected people of the country on Saturday. To mark this initiative, a meeting was held...
Janata Bank PLC has made a donation equivalent to one-day salary of all levels of employees to the Chief adviser's Relief and Welfare Fund for the flood-affected people, said a press release on Sunday.The recent devastating floods have caused immense...
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