Dhaka Metro continued its winning streak by securing a 19-run victory over Dhaka Division in their fourth match of the NCL T20 at Sylhet Academy Ground in Sylhet on Sunday, reports BSS.Skipper Naim Sheikh was instrumental in the victory yet...
Leaving aside their ODI disappointments, Bangladesh want to start afresh when they will take on West Indies in the three-match T20 International series opening match at Arnos Vale Ground in Kingstown, St Vincent today (Monday), report agencies.The match will start...
RIYADH, Dec 15 (Arab News): The global oil market is expected to be adequately supplied in 2025, even as OPEC+ extends its voluntary production cuts by an additional three months, according to the International Energy Agency.In its latest report, the...
LONDON, Dec 15 (Reuters): Asian spot liquefied natural gas (LNG) prices fell last week amid weak demand and the availability of more supply in the spot market.The average LNG price for January delivery into north-east Asia was at $14.50 per...
NEW DELHI, Dec 15 (Reuters): India's Reliance Industries said on Friday it has bought a 74 per cent stake in an industrial area developer, situated in the country's financial hub of Mumbai, for 16.28 billion rupees ($192 million).Navi Mumbai IIA...
JEDDAH, Dec 15 (Arab News): Oman's nominal gross domestic product grew by 2.6 per cent at the end of the second quarter of the year compared to the same period in 2023.The growth was primarily driven by a 5 per...
WASHINGTON, Dec 15 (AFP): The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency.The...
WASHINGTON, Dec 15 (BBC): ABC News has agreed to pay $15m (£12m) to US President-elect Donald Trump to settle a defamation lawsuit after its star anchor falsely said he had been found "liable for rape".George Stephanopoulos made the statements repeatedly...
SUZHOU (China), Dec 15 (AFP): Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the lesser-watched trucking scene-but foreign tariffs and a perceived quality gap could signal roadblocks ahead, experts warn.The domestic supply chain...
NEW YORK, Dec 15 (Reuters): US President-elect Donald Trump has in recent weeks expressed a keen interest in privatizing the US Postal Service, the Washington Post reported on Saturday, citing three people with knowledge of the matter.The US Postal Service,...
DUBAI, Dec 15 (Reuters): The Iranian currency extended its fall on Saturday, hitting a new all-time low against the US dollar amid uncertainties about Donald Trump's imminent arrival in the White House and tensions with the West over Tehran's nuclear...
NEW YORK, Dec 15 (Reuters): The US Treasury has informed Japan's Nippon Steel that the panel reviewing its proposed $14.9 billion purchase of US Steel has not yet come to an agreement on how to address security concerns, the Financial...
Residents of all unions in Gaibandha district can now digitally pay their holding tax and trade licence fees exclusively through Nagad, the digital financial service of the Bangladesh Postal Department, reports BSS.This service was formally inaugurated Saturday, said a press...
Pakistan has expressed interest in importing medicines from Bangladesh.Pakistan High Commissioner to Bangladesh Syed Ahmed Maroof conveyed this interest during a meeting with Health Adviser Nurjahan Begum at her office on Sunday, reports UNB. Bangladesh has made significant progress in...
RIYADH, Dec 15 (Arab News): Increasing the use of smart technology in farming is critical if the Middle East is going to truly achieve food security, experts have told Arab News.As agricultural productivity in the region remains vulnerable to supply...
Sarzil Sarwar, the Area Head of Information and Digital Technology at BAT Bangladesh, has been honoured as the 'Chief Digital Officer (CDO)/Digital Director of the Year' at the Bangladesh C-Suite Awards 2024 ceremony held at a city hotel recently. Bangladesh...
Midland Bank PLC and Sheba Fintech Limited have signed a Memorandum of Understanding (MOU) in a significant move aimed at advancing digital banking and financial inclusion. Md Zahid Hossain, Deputy Managing Director of Midland Bank, and Ilmul Haque Sajib, Managing...
FE REPORT | 2024-12-16 00:00:00
Taskeen Ahmed, Vice Chairman of IFAD Group, has been elected as the President of Dhaka Chamber of Commerce & Industry (DCCI) for the term 2025. In addition, Razeev H Chowdhury has been elected as the Senior Vice President and Md...
The government has signed a loan agreement with the Asian Infrastructure Investment Bank (AIIB), totalling US$109.78 million, EUR 29.42 million and RMB 132.49 million, for the implementation of the 'Southern Chattogram and Kaliakoir Transmission Infrastructure Development Project'.Mirana Mahrukh, Additional Secretary...
FE REPORT | 2024-12-16 00:00:00
The Kingdom of Saudi Arabia (KSA) will continue to recruit Bangladeshi workers, said Abdulaziz Fahad M Al Ibrahim, deputy head of Mission of the Saudi Embassy in Dhaka.Addressing a press briefing in the embassy, he said that they issue 4,000...
FHM HUMAYAN KABIR | 2024-12-16 00:00:00
The government plans to almost double power subsidies in the revised budget for FY 25 by diverting funds from its development part, finance ministry officials say.They say electricity subsidy allocations will be increased to around Tk 650 billion, up from...
SEOUL, Dec 15 (Reuters): South Korea's finance ministry vowed on Sunday to continue to swiftly deploy market stabilising measures as needed to support the economy after President Yoon Suk Yeol was impeached over his brief imposition of martial law.The ministry...
The 403rd Board Meeting of Shari'ah-based Standard Bank PLC was held at its Head Office in Dhaka on Sunday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Director & Founder Chairman Kazi Akram Uddin Ahmed,...
Islami Bank Training and Research Academy (IBTRA) organised the closing ceremony of its 160th Internship Programme at the IBTRA Auditorium in Dhaka recently. Mohammed Monirul Moula, managing director of Islami Bank Bangladesh PLC, was present as the chief guest while...
NEW YORK, Dec 15 (Reuters Breakingviews): Amid the many uncertainties in the artificial intelligence field, one thing has always seemed clear: bigger and more expensive systems produce better results. Hence the relentless fundraising of model developers like $157 billion OpenAI...
India's markets regulator on Friday proposed a framework to allow retail investors to participate in algorithmic trading through stock brokers, reports Reuters.In 2008, the Securities and Exchange Board of India (SEBI) had introduced algorithmic trading which provided facilities like faster...
Southeast Bank recently held its last 'Business Review Meeting' for the year 2024. Nuruddin Md. Sadeque Hossain, managing director of the bank, presided over the meeting. Executives from the head office, branch heads, operation managers, and officials of other units...
MTB recently organised its 'Service Champions Award 2024'to recognise officials who played the most significant roles in providing better services to its customers. The award ceremony was held in an event at MTB Centre in the capital. Syed Mahbubur Rahman,...
ORLANDO, Florida, Dec 15 (Reuters): One of the many curiosities of 2024 has been how global stocks have surged so strongly even as central banks have drained liquidity from the system. The question for markets is, if draining liquidity wasn't...
FE REPORT | 2024-12-16 00:00:00
The country's capital market strongly rebounded on Sunday, breaking away from a six-day losing streak, largely supported by the state-run Investment Corporation of Bangladesh (ICB).The ICB started putting in investments in the market on receipt of a fund worth Tk...
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