Chairman of Parliamentary Standing Committee on Foreign Affairs and former Foreign Minister Dr AK Abdul Momen has stressed the need for intensifying economic relations and connectivity, both physical and people-to-people to build confidence among the nations which would pave the...
E-commerce brings enormous business opportunities for women as it makes 24/7 business possible. The growth of e-commerce helps the women entrepreneur to generate new ideas and work from home. There is tremendous growth of women entrepreneurs in e-commerce sector, reports...
LafargeHolcim Bangladesh Limited (LHBL), one of the leading building material manufacturers of the country, recently organised a two-day workshop on environment-friendly blocks in Dhaka. A total of 30 engineers participated in the workshop. The workshop was inaugurated by Fakhruddin Mohammad...
The 25thAnnual General Meeting (AGM) of Shari`ah based Standard Bank was held on Monday, 29 July, 2024 at Police Convention Hall, Eskaton Garden Road, Ramna, Dhaka. Mr. Kazi Akram Uddin Ahmed, chairman of the bank presided over the meeting. Vice...
Eastern Bank (EBL), wins Euromoney Best Bank award in two categories: 'Best Bank' and 'Best Bank for Corporate Responsibility' at the prestigious Euromoney Awards for Excellence 2024 held in London recently. EBL is the first Bangladeshi bank to receive the...
FE REPORT | 2024-07-30 00:00:00
Heidelberg Cement's profit plummeted 69 per cent year-on-year to Tk 28 million in April-June quarter this year, thanks to lower sales amid lingering macro-economic challenges.During the time, the Germany-based cement manufacturer's sales plunged 25 per cent year-on-year to Tk 3.41...
FE REPORT | 2024-07-30 00:00:00
DBH Finance's profit rose 3.5 per cent year-on-year to Tk 237 million in the second quarter this year, on the back of the removal of interest rate cap.Earnings per share (EPS) stood at Tk 1.19 for April-June this year, up...
FE REPORT | 2024-07-30 00:00:00
Robi Axiata posted a remarkable 341 per cent year-on-year growth in profit to Tk 1.07 billion in the second quarter this year, supported by higher revenue growth coupled with efficient cost management.The second largest telecom operator registered more than 2.5...
BERLIN, July 29 (Reuters): Germany's Volkswagen and US electric car maker Rivian Automotive may form a joint venture, the German competition authority said on Monday. There are "no serious competition problems to be feared", Andreas Mundt, head of the Bundeskartellamt,...
MUMBAI, July 29 (Reuters): The Indian rupee fell to a record low on Monday, pressured by month-end corporate dollar demand, although likely intervention from the Reserve Bank of India helped avert further losses.The rupee closed at 83.7275 against the US...
WASHINGTON, July 29 (Reuters): Microsoft investors will have one big question when the tech giant reports earnings on Tuesday: has growth in its Azure cloud-computing business picked up enough to justify the billions of dollars being spent on artificial intelligence...
McDonald's reported a surprise drop in sales worldwide, its first decline in 13 quarters, as the higher cost of Big Macs kept cash-conscious customers away from the burger giant's outlets, reports Reuters.Persistent inflation has forced lower-income consumers to shift to...
BENGALURU, July 29 (Reuters): Optimism about global growth prospects this year and next is building among hundreds of economists polled by Reuters, with risks still tilted toward higher inflation even as they cling on to their forecasts for interest rate...
People wait in a queue to buy subsidised commodities – only rice and atta – from an OMS point in the city's Abdul Gani Road area on Monday. — FE Photo
Benapole, July 29 (UNB): Some 2,000 goods-laden trucks have been stuck at the Petrapole land port in India's West Bengal for the past eight days due to suspension of export-import activities between the two countries after 6:30 pm.A terrible tailback...
State Minister for Power, Energy, and Mineral Resources Nasrul Hamid has called on power sector entities to develop their own communication systems to ensure uninterrupted bill payments and other operations during emergencies, reports UNB.Addressing a progress meeting of the Revised...
KHULNA, July 29 (BSS): Around 41,000 tonnes of fish and fisheries goods worth about Tk 21.46 billion were exported from Khulna during the 2023-24 fiscal year.Of the fish and fisheries products exported, around 16,000 tonnes were shrimp valued at around...
MIR MOSTAFIZUR RAHAMAN | 2024-07-30 00:00:00
Dhaka has secured certification from Beijing to export fresh mangoes to China, which spent $172 billion on fruit imports in the first six months of 2021."With this decision, a huge Chinese consumer market will be opened up to Bangladeshi high-quality...
JAKARTA, July 29 (Reuters): Malaysian palm oil futures fell on Monday, weighed down by weakness in rival vegetable oils on the Dalian Commodity Exchange and a firm ringgit.The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives...
LONDON, July 29 (Reuters): Gold prices edged up on Monday on heightened geopolitical tensions in the Middle East and expectations of a US rate cut in September, with the focus on this week's Federal Reserve policy meeting.Spot gold rose 0.3...
LONDON, July 29 (Reuters): Copper prices slid on Monday on Chinese demand concerns and high inventories, while market participants awaited a Federal Reserve policy meeting and U.S. data releases this week for further direction.Three-month copper on the London Metal Exchange...
LONDON, July 29 (Reuters): Oil prices were stable on Monday as fears of a widening conflict in the Middle East after a rocket strike in the Israeli-occupied Golan Heights balanced demand concerns to put a floor under last week's price...
BIRMINGHAM, England, July 29 (Reuters): West Indies suffered a whitewash in their Test series against England, which ended in a heavy defeat in the third match at Edgbaston on Sunday, but coach Andre Coley said there were significant positives to...
PARIS, July 29 (AFP): Novak Djokovic defeated Rafael Nadal at the Olympic Games on Monday, claiming a 6-1, 6-4 victory in the pair's 60th and potentially last meeting.It was 24-time Grand Slam champion Djokovic's 31st win in a rivalry which...
PARIS, July 29 (Reuters): France's David Aubry felt a wave of relief wash over him after he scraped through to the Olympics men's 800 metres freestyle final at La Defense Arena on Monday in a brutal heats session where some...
An all-round performance from captain Mahmudul Hasan Joy helped Bangladesh A secure a thrilling 5-run victory over Pakistan A in the second and final four-day game at Darwin in Australia on Monday, reports BSS.Having done so, Bangladesh A, originally the...
PARIS, July 29 (Xinhua): At the opening ceremony of the Paris Olympics last Friday evening, the main cauldron, lifted by a balloon, slowly ascended in the Tuileries Garden. The warm glow of the "flame" illuminated the surrounding Louvre Pyramid and...
NEW DELHI, July 29 (Agencies): Bangladesh will host 2027 Men's Asia Cup in 50-over version, while India would stage the 2025 edition of the tournament, which will be played in the T20 format, while The 2023 Men's Asia Cup was...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Khulna, Barishal and Chattogram divisions; at many places over Mymensingh and Sylhet divisions and at a few places over Rajshahi, Dhaka and...
Bangladesh Awami League (AL) will hold a joint meeting with the presidents and the general secretaries of the Dhaka North and south units, Dhaka district unit, all associate bodies and mayors of Dhaka North and South city corporations at the...
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