LONDON/PARIS, Oct 24 (Reuters): Consumer goods groups Unilever and Danone beat third-quarter sales estimates on Thursday as they slowed price hikes and invested in innovations to win back shoppers who had turned to cheaper brands during a surge in inflation.The...
The 14th outlet of Puro Pastry & Bakery was inaugurated at Waz Uddin Tower at Hatirpool in Dhaka on Thursday. Vice Chairman of Eon Group of Industries Major ABA Mesbah Ud Dowlah (Rtd.) was present as the chief guest at...
The 3rd meeting of the Risk Management Committee of Takaful Islami Insurance Limited was held at Dhanmondi in Dhaka recently. Chairman of the Risk Management Committee Md Humayun Kabir Patwary presided over the meeting attended by Tahmina Afroz, Md Abul...
The 884th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Akkas Uddin Mollah, the Chairman of Executive...
The 20th Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held recently, with Dr. Syed Muhammed Emdad Uddin in the Chair. Board members Maulana Sayed Kamaluddin Abdullah Zafree, Dr. M Mahabbat...
The Power Division seeks the reinstatement of tax exemption benefits for private investors in the renewable energy sector, particularly those investing in solar power projects, reports UNB.According to official sources, the Power Division has formally urged the National Board of...
SAN FRANCISCO, Oct 24 (Reuters): Tesla's stock jumped nearly 12 per cent before the bell on Thursday, a day after it forecast surging car sales growth, reassuring investors that CEO Elon Musk was still looking to expand the core business...
DUBAI, Oct 24 (Reuters): Abu Dhabi is emerging from Dubai's shadow as it attracts its own share of asset managers' and billionaires wealth, helping cement United Arab Emirates' role as an alternative to global financial hubs.Lacking rich oil reserves, Dubai...
Pubali Bank has been recognised as the Best Financial Institution at the 22nd DHL-The Daily Star Bangladesh Business Awards. The bank recently celebrated the achievement through a ceremony led by Monzurur Rahman, the chairman of the bank's board of directors....
DHAKA, Oct 24: BRAC Bank recently partnered with the Bangladesh Business and Disability Network (BBDN) to create opportunities for persons with disabilities through 'Aporajeyo Ami', the bank's flagship corporate social responsibility initiative dedicated to health.The agreement enables BRAC Bank to...
FE REPORT | 2024-10-25 00:00:00
Top merchant bankers and portfolio managers have urged the securities regulator to amend the IPO (initial public offering) valuation process to encourage listing of good companies.Companies with strong fundamentals usually go public, using the book building method to set the...
FE REPORT | 2024-10-25 00:00:00
Berger Paints secured a 21 per cent year-on-year growth in profit to Tk 566 million in the second quarter (Q2) through September this year, driven by higher sales.The consolidated earnings per share (EPS) of the multinational company, which follows the...
RAWALPINDI, Pakistan, Oct 24 (AFP): England fought back to reduce Pakistan to 73-3 at close on the opening day of the series-deciding third Test in Rawalpindi on Thursday, with home spinner Sajid Khan grabbing six wickets.Sajid finished with 6-128 and...
Deputy Managing Director of Meghna Bank PLC Kimiwa Saddat hands over a sponsorship cheque to Director and Head of Marketing of Bangladesh Cricket Board Fahim Sinha at a programme in the city recently. Head of Brand, Marketing & Communications of...
Ahead of the opening Test against South Africa, Bangladesh skipper Najmul Hossain had insisted that he was hoping that Mehidy Hasan Miraz would fill the void of Shakib Al Hasan in the coming days, reports Cricbuzz.In 2024, Mehedy is already...
SouthAfrica cruised to a seven-wicket win over Bangladesh in the first Test on Thursday with fast bowler Kagiso Rabada the star of the show in Mirpur, report agencies.Rabada took 6-46 as Bangladesh went from 283-7 overnight to 307 all out,...
Rice export rates dipped across major Asian hubs this week after India abolished export duty on the staple and raised fears of over-supplying the market, pushing rates in the top exporter and in Vietnam to their lowest levels in more...
Gold prices firmed on Thursday as the bullion remained in demand in the face of ongoing geopolitical risks, while palladium jumped 8 per cent to a near 10-month peak on fears of supply sanctions on top-producer Russia, reports Reuters.Spot gold...
PARIS/SINGAPORE, Oct 24 (Reuters): Chicago soybean and corn futures rose for a fourth consecutive session on Thursday as a wave of export sales offset supply pressure from a rapid US harvest and improved planting weather in South America.Wheat edged up,...
LONDON, Oct 24 (Reuters): Oil prices were broadly stable on Thursday as uncertainty around conflict in the Middle East and reports of North Korean troops ready to help Russia in Ukraine kept traders on edge ahead of the US presidential...
Subhash Mukhopadhyay | 2024-10-25 00:00:00
I have little trust in my memories. For instance, once, I was convinced that a closely related elder brother (not a sibling) of Sukanta first brought a manuscript of poems and later on introduced the teenage poet (Sukanta Bhattacharya) to...
Abu Mukhles Alamgir Hossain | 2024-10-25 00:00:00
To sustain the upward trajectory of exports, expanding the range of products in our export basket is essential. The country's foreign exchange reserves are under significant pressure due to inconsistencies in export earnings, which have a ripple effect on import...
Maintaining the integrity of hills is crucial for preserving environmental balance and biodiversity. Protecting these natural formations is also vital for the development of a country's natural heritage and tourism industry. However, in Bangladesh, the opposite is occurring as hills...
The National University serves as a vital means of higher education for many talented students from underprivileged backgrounds in the country. Established on October 21, 1992, the National University ranks fourth among the largest universities in the world in terms...
Shiabur Rahman | 2024-10-25 00:00:00
We often come upon news items on shocking abuse of minor domestic workers in the country. In an era where many consider domestic helps to be an essential part of households, cases of violence against them seem only to be...
Nilratan Halder | 2024-10-25 00:00:00
It is quite unsettling to know that 41.7 million people in Bangladesh live in extreme poverty with 6.5 per cent of them in critical conditions. The findings by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human...
The raising of policy rate, also known as interest rate, by the central bank as part of a belt-tightening move to tame inflation has produced reactions that are not unwarranted. This hike places the repo rate, the interest rate at...
Serajul I Bhuiyan | 2024-10-24 12:00:00
The year 2024 saw three Nobel laureates--Daron Acemoglu, Simon Johnson and James Robinson--receiving the Nobel Prize in Economic Sciences for their valuable research regarding the role of institutions in shaping economic prosperity. This seminal work underlined how political and economic...
Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at most places over Khulna, Barishal and Chattogram divisions and at many places over Rangpur, Rajshahi, Dhaka, Mymensingh and Sylhet divisions with moderately heavy falls at places over the...
Charge d'Affaires of the United States (US) Embassy Helen LaFave has called on Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna in the capital on Wednesday, reports BSS. They talked about issues of mutual interest and followed...
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