FE REPORT | 2024-09-12 00:00:00
The government has formed a committee to look into the labour issues amid the persisting workers' unrest in the country's important ready-made garment (RMG) belts at Savar, Ashulia and in Gazipur.Asif Mahmud Shojib Bhuiyan, adviser to the Ministry of Labour...
JUBAIR HASAN | 2024-09-12 00:00:00
Commercial banks having surplus funds are reluctant to invest in the collateral-free call money for prevailing trust deficit in their counterparts, and switching to secure state-guaranteed instruments. Officials and bankers have said despite higher bets offered on the call-money market,...
Mir Mostafizur Rahaman | 2024-09-12 00:00:00
Bangladesh and China plan to form a joint committee for river- water management, flood protection and river-infrastructure development.The two countries agreed Wednesday to enhance cooperation in river management and water preservation, officials said, adding that a high-level delegation of the...
FE REPORT | 2024-09-12 00:00:00
Acute countrywide power outages are getting cured with increased fuel supply as LNG regasification starts at a repaired floating storage unit in the bay, sources said. Energy-sector bigwig Summit's LNG Terminal (SLNG) started regasifying liquefied natural gas (LNG) on Wednesday...
FE REPORT | 2024-09-12 00:00:00
Six commissions for reforms in vital state institutions and the national constitution have been formed for rebuilding Bangladesh as a people's ownership-based equitable country, Chief Adviser Prof Muhammad Yunus said Wednesday. Making the announcement in his address to the nation,...
MUMBAI, Sept 11 (Reuters): India's central bank will stick to its plan to ask lenders to set aside more funds for digitally linked deposits, despite the industry's plea for a lower buffer to avoid a hit to their liquidity, three...
SAN FRANCISCO, Sept 11 (AFP): The International Monetary Fund (IMF) late Tuesday said it has reached an agreement with Ukraine on an aid programme review that could open the door to $1.1 billion for the war-battered country.A staff-level agreement on...
Terminated employees of IFIC Bank form a human chain in front of the IFIC Tower at Purana Paltan in Dhaka on Wednesday demanding their reinstatement. — FE Photo
Southeast Bank Hosts 'Business Review Meeting'Southeast Bank PLC. recently held its Monthly "Business Review Meeting," based on the performance in the month of August. Presided over by the bank's Managing Director Nuruddin Md. Sadeque Hossain, the meeting brought together Senior...
FE REPORT Biman Bangladesh Airlines has decided to increase the frequency of its flights from Dhaka to Toronto from October 31 this year. Currently, Biman runs two flights a week on the route -- one flight on Tuesday and the...
Shahjalal Islami Bank bags 3 ICAB awards Shahjalal Islami Bank PLC won awards in three categories at the 24th ICAB National Award for the Best Presented Annual Reports-2023. The bank won the 1st Position (Gold) for the fourth consecutive time...
FE REPORT Cold storage operators have sought an extension for the rescheduling of their bank loans until December 2024, industry sources said. The Bangladesh Cold Storage Association (BCSA) has recently wrote to the finance and commerce adviser to address this...
WASHINGTON, Sept 11 (Reuters): US bank investors, analysts and executives were trying to figure out on Wednesday how lenders would fare under revised hikes in capital requirements, with considerable uncertainty over what specifics will emerge from the Federal Reserve and...
Unilever achieves SDG Brand Champion AwardsUnilever Bangladesh Limited (UBL), the country's leading Fast-moving Consumer Goods (FMCG) company, was honoured with the SDG Brand Champion Awards 2024 in two categories for its impactful contributions: the 'Sustainable Partnerships & Institutions' award for...
Berger Paints gets two SDG Brand Champion Award Berger Paints Bangladesh Limited has been recognized at the SDG Brand Champion Awards 2024 in two categories: Winner in Sustainable Partnerships & Institutions and Honourable Mention in Equity, Diversity, and Inclusion. The...
GPH ispat wins SDG Brand Champion Award GPH ispat, one of the leading steel manufacturers in the country, won the prestigious SDG Brand Champion Award for the second consecutive year. The award, presented in the Responsible Production and Consumption category,...
FE REPORTLeaders of the Bangladesh Textile Mills Association (BTMA) on Wednesday called for an uninterrupted gas supply and a revision of previously set prices, saying that mills are currently operating at only 30 to 40 per cent of their capacity...
BEIJING, Sept 11 (Reuters): China's state council on Wednesday said it will issue concrete guidelines to strengthen supervision and prevent risks in the country's insurance industry, according to a statement.The broad move will strictly approve the establishment of new insurance...
NEW DELHI, Sept 11 (Reuters): India's push to become a factory titan has hit a snag: to become a credible alternative to China for global firms, it first needs to warm up to its long-time rival.Ties between the world's two...
BCB BOARD MEETING HELDThe newly formed Board of Directors of Bangladesh Commerce Bank Limited (BCB) held its meeting at the bank's head office on Tuesday. Chairman of the Board of Directors Md Ataur Rahman presided over the meeting. Directors Md...
SMC Enterprise Limited, one of the leading social business enterprises in the country, is set to use bKash's B2B (business to business) cash collection solution. The strategic move enables SMC to convert their cash into electronic money (e-money) from designated...
RUPALI BANK BUSINESS CONFERENCE HELD IN BARISHAL Rupali Bank PLC organised Business conference-2024 of Barishal Division at Bangladesh Rice Research Institute in Barishal on Tuesday. The bank's Managing Director Mohammad Jahangir was present as the chief guest. The bank's Barishal...
BRAC Bank inaugurates renovated Sylhet BranchBRAC Bank has inaugurated a renovated Sylhet Branch to provide more convenience and amenities to the customers. Meheriar M. Hasan, Chairperson, BRAC Bank, formally inaugurated the branch at Pallabi Trade Centre on Sunamganj Road, Subid...
ZURICH, Sept 11 (Reuters): UBS will continue to provide around 350 billion Swiss francs ($414 billion) of loans to its home market, a senior executive at the Swiss bank said on Wednesday, countering speculation it could trim domestic loan volumes.UBS'...
ALLIANCE FINANCE SUPPORTS SAJIDA FOUNDATION FOR FLOOD VICTIMS Alliance Finance PLC (AFPLC) made a donation as part of its Corporate Social Responsibility (CSR) to SAJIDA Foundation to support flood victims. SAJIDA Foundation has been running a project called ‘Emergency Flood...
Community Bank donates Tk 3m for flood victimsCommunity Bank Bangladesh PLC has contributed Tk 3.0 million to the Chief Advisor's Relief and Welfare Fund to stand by the flood-affected people under its corporate social responsibility (CSR) programme. Faruk-e-Azam, Adviser to...
Food and Agriculture Organization (FAO) of the United Nations is keen to enhance support in exporting mangoes from Bangladesh to promote the product at global, regional and local levels, reports BSS."FAO will help Bangladesh to export its different seasonal fruits...
HONG KONG, Sept 11 (AFP): Equities slipped Wednesday following a mixed day on Wall Street, as worries about the world's top two economies offset optimism that the Federal Reserve will start cutting interest rates next week.Meanwhile, the yen hit its...
Tarek Reaz Khan has recently joined NRB Bank as the managing director (MD) for a 3-years tenure. Prior to joining NRB Bank, Mr Tarek served as MD and chief executive officer of Padma Bank.After completing Masters in Marketing from the...
PRIME BANK, DOTLINES TO IMPROVE PAYROLL BANKING SERVICESPrime Bank recently signed an agreement with Dotlines, a renowned tech company, aimed at enhancing banking services for Dotlines's employees. Employees will be able to avail of various benefits including preferential offers in...
© 2026 - All Rights with The Financial Express
