FE REPORT | 2024-09-03 00:00:00
Apparel-sector leaders Monday demanded tightened security at factories as production in nearly 100 units in the export industry halted amid labour unrest.They also sought necessary steps to address some issues related to banks and measures for fast release of containers...
Traditional fire-burnt clay bricks have been used in different countries around the world since ancient times. Their popularity and usage are the highest due to their availability and low cost. In Bangladesh, hundreds of hectares of agricultural land are being...
A new global report released recently has highlighted the dire cost of air pollution in Bangladesh, one of the world's most polluted countries. It says pollution from fine particulate matter (PM2.5) shortens the average Bangladeshi resident's life expectancy by 4.8...
Syed Fattahul Alim | 2024-09-03 00:00:00
Too many events have been taking place in recent weeks for the public to keep track of. Obviously, the most engaging among them were the violent political changes followed by the devastating flash floods in the northeastern and southeastern districts...
M Rokonuzzaman | 2024-09-03 00:00:00
We have been investing in education with the hope of building a better tomorrow. We expect graduates to be eligible for high-paying jobs than those who do not pursue education. Hence, once we face the growing number of jobless graduates,...
Under the monthly fuel adjustment introduced by the deposed government in March last, the first such revision to the relief of some has been effected by the interim government. The relief is because of the downward adjustment of fuel oil...
Helal Uddin Ahmed | 2024-09-03 00:00:00
People in the eastern region of Bangladesh, especially in mid-southeast, have not witnessed such a terrifying flood as seen in the second half of August this year, ever since the country's independence in 1971. Consequently, due to the unexpected nature...
FE REPORT | 2024-09-02 12:00:00
The agitating doctors of public and private hospitals have postponed their wildcat strike for 24 hours till 8:00pm today on assurance that the attackers on them would be arrested within the period.Dr Abdul Ahad, a resident surgeon of Dhaka Medical...
Syed Fattahul Alim | 2024-09-02 12:00:00
Though the Dr Yunus-led interim government is still in a nascent stage, yet expectations from it from the various disgruntled sections of administration and society seem to be unlimited. However, the methods being used to realise the demands are also...
US bond funds racked up solid inflows in the week to Aug. 28 thanks to a robust purchase in government bond funds, driven by bets of a Federal Reserve interest rate cut in September and investor caution over geopolitical tensions...
A golden era for cash may be winding down as the Federal Reserve gets ready to cut interest rates. Many fans of the investment class are staying put anyway, reports Reuters.Assets in US money markets hit a record $6.24 trillion...
Nvidia shares dropped more than 6 per cent on Thursday after its forecast fell short of lofty expectations, though some believe the modest sell-off showed investors still remain confident in the generative AI boom that has powered the chip giant's...
MUMBAI, Sept 1 (Reuters Breakingviews): India's largest company is biding its time. The annual shareholder meeting of $245 billion Reliance Industries was an unusually low-key affair. Chair Mukesh Ambani seems in no hurry to list his two consumer-facing businesses as...
BEIJING, Sept 01 (AFP): African leaders descend on China's capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent.China has expanded ties with African nations in the...
AB Bank provided relief materials to flood affected victims at Chandgaon, Chattogram. M. Morshed Khan, the Founder Chairman of AB Bank joined virtually the distribution programme. Tarique Afzal, Managing Director & CEO, and other members of the Senior Management Team...
A day long workshop on 'prevention of money laundering and financing of terrorism' was held at Janata Bank Staff College on Saturday with the participation of general managers of Janata Bank PLC. Managing Director of the bank Md Abdul Jabbar...
The Bitopi Group has donated a substantial sum of Tk 4,112,492 to the 'Chief Adviser's Relief and Welfare Fund,' which includes contributions from its own funds, and a day's salary from all employees, officers, and workers, says a press release.On...
Professor Abu Ahmed has joined as Director and Chairman of the Board of Directors of Investment Corporation of Bangladesh on Sunday, says a press release. He is a leading economist of the country and a capital market expert. He is...
ShopUp, Bangladesh's leading full-stack B2B commerce platform, recently hosted an insightful session titled "Leadership in Times of Crisis" at its headquarters. The event featured Kamal Quadir, Founder and CEO of bKash, as the guest of honour, who shared his expertise...
Prime Bank Foundation, the philanthropic wing of Prime Bank PLC, has awarded scholarships to 234 meritorious but unprivileged students under its Education Support Programme. The Foundation held its 17th Scholarship Awarding Ceremony at Golf Garden, Army Golf Club, in Dhaka...
Md Anwarul Haque has been elected as chairman of Mercantile Bank PLC at the 448th board meeting of the bank held on Sunday, says a statement. Previously he served as the Vice Chairman, Chairman of the Executive Committee and Risk...
The business climate in Bangladesh remains unstable following the fall of the Awami League government. Although an interim government led by Nobel Laureate Dr. Muhammad Yunus was formed on August 8, the return to normalcy in trade and commerce is...
FE REPORT | 2024-09-02 00:00:00
The securities regulator has appointed seven independent directors to the board of Dhaka Stock Exchange (DSE) following the recent resignation of all directors amid a change in the political regime.Their appointments were approved at a meeting held at the office...
MOHAMMAD MUFAZZAL | 2024-09-02 00:00:00
Experts have strongly criticised the DSE Brokers Association's (DBA) proposal to appoint the chairman of the Dhaka Stock Exchange (DSE) from among the shareholder directors. They argue that this move could undermine the demutualisation objectives of the exchange if it...
HANGZHOU (China), Sept 01 (AFP): Sweet, milky and colourful-bubble tea is wildly popular in China, where people sipping through straws from large plastic cups is a common sight in high streets and shopping malls across the country.But there's fresh competition...
SEOUL, Sept 01 (Reuters): South Korea's exports rose for an 11th straight month in August, but the pace of growth was weaker than the previous month and market expectations as demand for computer chips slowed, while auto sales remained sluggish.Overseas...
JEDDAH, Aug 01 (Arab News): The Kingdom of Saudi Arabia (KSA) has launched the seventh round of its subscription-based savings product, Sah, for September, offering a 5.31 per cent return to promote financial stability and growth among citizens.The issuance of...
ALGIERS, Sept 01 (AFP): Algeria has been approved for membership in the BRICS New Development Bank (NDB), the country's finance ministry has announced.The decision was taken on Saturday and announced by NDB chief Dilma Roussef at a meeting in Cape...
RIYADH, Aug 01 (Arab News): Saudi utility developer ACWA Power has signed financing agreements valued at SR9.7 billion ($2.58 billion) with a consortium of banks to develop three large-scale solar projects in the Kingdom. In a statement to Saudi stock...
The Yarn Expo & Intertextile Shanghai-Autumn 2024, the 30th anniversary edition of the fair, was held from 27th to 29th August, across nine halls of the National Exhibition and Convention Center (Shanghai), says a press release. Square Textiles from Bangladesh...
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