FE Today Logo

Search results for:


ICB holds 56th fund related meeting

2024-09-13 00:00:00

ICB holds 56th fund related meetingThe 56th fund related meeting of the board of directors of Investment Corporation of Bangladesh (ICB) was held on Thursday. The meeting has approved dividend at the rate of Tk 35.00 per ICB Unit (face...

Chinese Company to invest $4m in Cumilla EPZ

2024-09-13 00:00:00

Chinese company Tianhui Button (BD) Company Limited will establish a garment accessories manufacturing industry in Cumilla Export Processing Zone (Cumilla EPZ), reports BSS.They will invest US$ 4 million to produce annually 700 million pcs of different kind of buttons like...

South Korea pension fund key to success of market reforms, says watchdog

2024-09-13 00:00:00

SEOUL, Sept 12 (Reuters): South Korea's market watchdog stressed on Thursday the role of the public pension fund to ensure the success of ongoing capital market reforms, as the fund which has been aggressively raising overseas investments pledged to look...

Trump trades roiled after fiery debate as investors weigh chance of Harris success

2024-09-13 00:00:00

NEW YORK, Sept 12 (Reuters): Investors scrambled to shift their positioning on Wednesday following a closely-watched debate between Republican Donald Trump and Democratic Vice President Kamala Harris, as betting markets swung in Harris' favor after the event.Shares of Trump Media...

Potential return of Trump fuels concern among emerging market investors

2024-09-13 00:00:00

A tight US presidential election race has unnerved investors in emerging markets, who fear a return of former President Donald Trump to the White House could hurt emerging markets just as they were poised to shine, reports Reuters.The prospect of...

UCB WINS JOINT BRONZE AWARD AT 24TH ICAB NATIONAL AWARD

2024-09-13 00:00:00

UCB WINS JOINT BRONZE AWARD AT 24TH ICAB NATIONAL AWARDUnited Commercial Bank won the "Joint Bronze Award" under the "Private Sector Banks" category in the 24th ICAB National Award for "Best Presented Annual Reports 2023". Syed Faridul Islam, acting managing...

MERCANTILE BANK ACHIEVES '24TH ICAB NATIONAL AWARD

2024-09-13 00:00:00

MERCANTILE BANK ACHIEVES '24TH ICAB NATIONAL AWARDMercantile Bank has achieved two "Certificate of Merit" awards under the "Private Sector Banks" and "Corporate Governance Disclosures" categories in the prestigious 24th ICAB National Award. Dr. Salehuddin Ahmed, the finance and commerce adviser...

BANK ASIA BECOMES THE "OVERALL WINNER" OF 24TH ICAB NATIONAL AWARD

2024-09-13 00:00:00

BANK ASIA BECOMES THE "OVERALL WINNER" OF 24TH ICAB NATIONAL AWARD Bank Asia received the prestigious "Overall Winner" of 24th ICAB National Award by winning 1st Position in all the three categories: "Private Sector Banks", "Corporate Governance Disclosures", and "Integrated...

National Tea soars on bourses for no fundamental gain

FE REPORT | 2024-09-13 00:00:00

The stock of National Tea Company has been flying high on the Dhaka Stock Exchange (DSE) without any reason for investors to be inclined to bet on its shares.The Sylhet-based tea producer is suffering losses for more than four years...

Reshuffles, inquiries leave BSEC in disarray

Mohammad Mufazzal | 2024-09-13 00:00:00

An eerie sense of unease hangs at the Bangladesh Securities and Exchange Commission (BSEC), with its staffers divided into groups fighting with each other and seeking protection from the wrath of the changing political landscape. Regular operations are hampered as...

Narrative that transcends the ordinary

Fatema Zohra Haque | 2024-09-13 00:00:00

Book REVIEW Welcome to “Dhaka Dynamics: Lensing through Journalism” by Avik Sanwar Rahman, a profound exploration of Bangladesh’s socio-economic landscape from 2003 to 2005.In this meticulously crafted anthology, Avik, a distinguished journalist whose insightful contributions have graced the pages of...

Redefining MSMEs for inclusive financing

2024-09-13 00:00:00

The identification of micro, small, and medium-sized enterprises (MSMEs) in Bangladesh, as in many other countries, is primarily based on criteria such as the number of employees, turnover, and assets. However, MSMEs encompass diverse business models and performance levels, which...

Reducing mobile call rate

2024-09-13 00:00:00

Mobile phones have now become essential to everyday life. Men, women, and even children use mobile phones requiring them to spend money. Some people manage these expenses from their limited incomes. Currently, the call rate for every operator exceeds Tk...

Nation must take victory to its logical conclusion

Shiabur Rahman | 2024-09-13 00:00:00

At a most critical time of the nation's history, the interim government, led by Nobel laureate Dr Muhammad Yunus, has taken over the de facto cabinet left vacant by the deposed Awami League government. It has got the onerous job...

Reform commissions on their salvaging mission

Nilratan Halder | 2024-09-13 00:00:00

In his second address to the nation, Chief Adviser Dr Muhammad Yunus has made the most important announcement of forming six reform commissions assigning those with the task of recommending amendments to provisions in their respective areas. The purpose is...

US delegation's upcoming visit

2024-09-13 00:00:00

Since the interim government assumed office, the first foreign delegation set to visit Bangladesh -- a high-profile one at that -- will be a US inter-agency team on September 14-15. According to media reports that cited top sources in Washington,...

Protecting healthcare workers from hazardous exposures

Afrin Noor and Hasnat M Alamgir | 2024-09-13 00:00:00

Little research in occupational health and safety has been done to date in Bangladesh to identify the types of events, causes, or the specific groups of workers at risk of developing allergies or irritations at work, despite the persistent and...

Harris, Trump battle for swing states

2024-09-13 00:00:00

WASHINGTON, Sept 12 (AFP): Kamala Harris and Donald Trump return to the campaign trail Thursday, with the Democrat hoping her dominant display in their first presidential debate will boost her chances in the knife-edge US election.The rivals are heading to...

Detained MPs of Imran's party allowed to join parliament

2024-09-13 00:00:00

ISLAMABAD, Sept 12 (AFP): Several Pakistan MPs detained under new protest laws after demonstrating in support of jailed former premier Imran Khan were allowed to attend parliament Thursday.Ten MPs were arrested this week, some from their offices in the National...

Race to become Japan's next PM kicks off

2024-09-13 00:00:00

TOKYO, Sept 12 (AFP): The race to become Japan's next prime minister kicked off Thursday with a record nine candidates including the son of a former premier and a nationalist vying to be the country's first woman leader.Whoever wins the...

Six UN staffers among 18 killed in Israeli strike

2024-09-13 00:00:00

GAZA, Sept 12 (BBC): The UN agency for Palestinian refugees (Unrwa) says six of its employees have been killed in an Israeli air strike on a school it runs in central Gaza.Gaza's Hamas-run Civil Defence agency said a total of...

Bodies of three missing children recovered from Brahmaputra

2024-09-13 00:00:00

KURIGRAM, Sept 12 (BSS): The bodies of three children, who went missing while taking bath in the Brahmaputra river on Wednesday in Nageshwari upazila of the district, were recovered from the river on Thursday.The deceased were Atik Hasan, son of...

Kopotakkho erosion threatens embankment in Khulna

2024-09-13 00:00:00

KHULNA, Sept 12 (UNB): Severe erosion is threatending an embankment along the Kopotakkho River in Paikgachha upazila of Khulna triggering fear of flooding in vast areas.Locals urged the authorities concerned to take measures to renovate the embankment as a large...

Tahirpur-Badaghat frontier road turns dilapidated

OUR CORRESPONDENT | 2024-09-13 00:00:00

SYLHET, Sept 12: The much-talked-about Tahirpur-Badaghat frontier road in Sunamganj district has been run-down and usable for 30 years, leaving commuters in trouble.The road constructed in 1993 from Tahirpur upazila headquarters to Badaghat border has badly been hit by floods...

Govt changeover after-effects Vandalism prompts closure of Chandpur Shilpakala Academy

2024-09-13 00:00:00

OUR CORRESPONDENTCHANDPUR, Sept 12: Chandpur Shilpakala Academy, the district-level state-sponsored cultural centre, has been kept shuttered down over one and a half months ago following vandalism in the aftermath of the changeover of the Sheikh Hasina-led autocratic regime. Non-functioning of...

Miraz hands prize money to family of martyred rickshaw puller

2024-09-13 00:00:00

Bangladesh allrounder Mehidy Hasan Miraz handed his 'man of the series' prize money for the Pakistan Test series to the family of a rickshaw puller who was martyred during the student-led Anti-Discrimination movement, report agencies.Miraz was key behind Bangladesh's landmark...

Uncapped Jaker replaces injured Shoriful for Tigers' Tests squad against India

2024-09-13 00:00:00

Bangladesh paceman Shoriful Islam will miss the two-Test series in India this month with a groin injury he suffered in Pakistan, the country's cricket board said on Thursday, report agencies.Shoriful had suffered a groin injury during the first Test against...

Chief Adviser accords reception to national cricket team

2024-09-13 00:00:00

FE REPORTChief Adviser (CA) Professor Muhammad Yunus on Thursday accorded a reception to the Bangladesh cricket team at his office in Tejgaon, Dhaka, following their 2-0 Test series victory against Pakistan in August-September 2024.Welcoming the cricketers at the reception, the...

India's palm oil imports plunge as buyers shift to soyoil

2024-09-13 00:00:00

MUMBAI, Sept 12 (Reuters): India's palm oil imports in August fell more than a quarter from a month ago, primarily driven by sufficient domestic stocks and negative margins that discouraged refiners from purchasing more of the tropical oil, a leading...

Wheat hits two-month high on tighter supply outlook

2024-09-13 00:00:00

PARIS/BEIJING, Sept 12 (Reuters): Chicago wheat futures extended gains on Thursday to a two-month high as news that Egypt bought a large amount of Russian wheat this week reinforced expectations that supplies in the Black Sea export zone are ebbing...