BEIJING/HONG KONG, Aug 29 (Reuters): China's local governments have fallen behind on their debt issuance plans as scrutiny mounts over potentially wasteful infrastructure investment, fuelling talk that such funds could be used in other areas to stimulate growth back towards...
RIYADH, Aug 29 (Arab News): More than 48,000 hotel rooms are set to be added to Egypt's hospitality industry as part of 84 investment opportunities unveiled by the General Authority for Tourism Development.The expansion, which will also see an additional...
BENGALURU, Aug 29 (Reuters): India's Paytm has received an approval from the country's finance ministry to invest in its payment services business, the fintech firm said on Wednesday.One 97 Communications, popularly known as Paytm, has been under the scrutiny of...
SHENZHEN, Aug 29 (Reuters): Chinese tech giant Huawei reported hefty jumps in first-half revenue and net profit on Thursday, with smartphone sales robust and its smart car components business also doing well despite US sanctions.Net profit for January to June...
BEIJING/LONDON, Aug 29 (Reuters): China has opened an anti-subsidy probe into imported dairy products from the European Union, stepping up tension with the bloc a day after Brussels released its revised draft decision related to tariffs on China-made electric vehicles.Below...
Officials and Consultants of the Skills for Industry Competitiveness and Innovation Programme (SICIP) of Finance Division, Ministry of Finance have donated Tk 0.3 million to the Chief Adviser’s Relief Fund for flood victims in the city recently, says a press...
SYDNEY, Aug 29 (AFP): Australian airline Qantas reported on Thursday a slide in net profit as post-Covid fares dropped, and said it was working to rebuild its reputation after a string of public scandals.Net profit fell 28 per cent to...
BENGALURU, Aug 29 (Reuters): Apple is tying up with India's Bharti Airtel to offer the telecom firm's premium customers its music and video streaming services for free, giving the US giant access to thousands of consumers in the world's most...
Jamuna Bank Foundation has been actively supporting flood-affected communities across the country since the onset of the devastating floods. Demonstrating its unwavering commitment to social responsibility, the foundation has undertaken several initiatives to provide relief to those in need. In...
Al-Arafah Islami Bank (AIB) PLC has opened its 223rd branch at Shibu Market in Narayanganj on Thursday. Director of the bank Hafez Md Enayet Ullah inaugurated the new branch as the chief guest. Deputy Managing Director Md Abdullah Al Mamun...
Humaira Azam has recently joined as Managing Director (MD) of LankaBangla Finance PLC, says a press release.Humaira Azam, a distinguished leader with 34 years of experience in the financial industry, is known for her exceptional ability to drive business turnarounds...
BRAC Bank disbursed Tk 10m to 414 individuals who had been injured in the recent Anti-Discrimination Student Movement.Earlier, the bank announced a Tk 20 million from its Corporate Social Responsibility funds to support the treatment of the injured. The recent...
Standard Chartered Saadiq, which provides a wide range of Shariah compliant Islamic banking solutions in Bangladesh, has been recognised as Bangladesh's "Islamic Bank of the Year", along with "Best Islamic SME Bank" and "Best Islamic Retail Bank" at The Asset...
Premier Bank, with participation from its employees, has donated Tk 10 million to the chief adviser's Relief and Welfare Fund formed to assist the victims of severe floods in various districts of Bangladesh. This assistance to the flood victims reflects...
Mutual Trust Bank (MTB), as a part of its proactive emergency response towards the underprivileged community, has recently collaborated with Bangladesh Red Crescent Society (BDRCS) to help flood-affected people in the eastern part of the country. With the situation worsening...
Social Islami Bank recently formed a new board and its first meeting was held on Wednesday at the bank's head office to safeguard depositors' interest and ensure good governance. Dr. M. Sadiqul Islam, professor of the Department of Finance at...
President Mohammed Shahabuddin urged Kuwait to take more skilled and semi-skilled manpower from Bangladesh, reports UNB.He made the call when Kuwaiti Ambassador in Bangladesh Faisal Mutlaq H Al Adwani met the President at Bangabhaban on Thursday.During the meeting, the President...
FE REPORT | 2024-08-30 00:00:00
The ceramic sector has the highest P/E (price earnings) ratio among all sectors listed on the bourses, with latest financial results and stock prices taken into consideration.The P/E ratio, which measures stock price relative to earnings per share (EPS), is...
FE REPORT | 2024-08-30 00:00:00
The securities regulator has ordered freezing of BO (beneficiary owner's) accounts of five former cabinet members, a lawmaker and their family members.The individuals, whose BO accounts will be frozen, include former home minister Asaduzzaman Khan Kamal, his wife Lutful Tahmina...
FE REPORT | 2024-08-30 00:00:00
Stocks moved up on Thursday, with the prime index of the Dhaka bourse crossing the 5,800 mark after two weeks, despite the removal of all special measures to control price movement. The Bangladesh Securities and Exchange Commission (BSEC) changed the...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Rangpur, Mymensingh, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the Met Office.It...
Newly-appointed Vice-Chancellor (VC) of National University (NU) Professor ASM Amanullah has ordered the teachers, officers and employees of the university and all its affiliated colleges and institutions to be present at their respective workplaces by September 01, reports UNB.Departmental action...
International Council of Museums (ICOM) has expressed deep concern over the ongoing crisis in Bangladesh, which has led to the destruction of invaluable cultural heritage sites and museums, reports UNB.Reports from ICOM-Bangladesh of arson, vandalism, and deliberate damage to significant...
The UK government is providing an additional £450,000 of vital humanitarian assistance to support more than 36,000 people affected by flooding in eastern Bangladesh, where five million people have been impacted, reports UNB. This builds on the £33,000 of initial...
FE REPORT | 2024-08-30 00:00:00
A new complaint has been filed with the investigation agency of the International Crimes Tribunal (ICT) against ousted Prime Minister Sheikh Hasina, 29 senior journalists and 22 other individuals on charge of committing crimes against humanity and genocide during the...
More than 1,000 people have been killed during the protests by the Anti-discrimination Student Movement while over 400 have been blinded by police fire, reports bdnews24.com.Health Adviser Nurjahan Begum made the statement during a visit to the Central Police Hospital...
FE REPORT | 2024-08-30 00:00:00
Democratic exercises within political parties are a must to ensure political good will and educate voters for making elections meaningful in Bangladesh.It is also vital to do major reforms in election and government systems, including bicameralism, setting a minimum percentage...
Chief Adviser Dr Muhammad Yunus showing the document after signing the Instrument of Accession to the International Convention for the Protection of All Persons from enforced disappearances at the state guest house Jamuna in the capital on Thursday. — PID
Jatiya Party (JP) Chairman Ghulam Muhamed Quader has met Acting Australian High Commissioner Nardia Simpson at her Gulshan residence in the capital on Thursday, reports BSS.In the meeting held in between 12:20 pm and 2:20 pm, they discussed the current...
Son of former prime minister Sheikh Hasina, Sajeeb Wazed Joy, has alleged that BNP cadres torched Gazi Tyre factory and all such crimes are going on with complete impunity, reports UNB."BNP cadres torched it. Nobody brought to book; all these...
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