The government approved on Tuesday separate proposals for procuring some 140 thousand (1.40 lakh) tonnes of fertilizer from various sources to meet the growing demand of the country, reports BSS.The approvals came from the 5th meeting of the Advisers' Council...
BRAC Bank has recently been honoured with three prestigious awards from the SME Finance Forum of the World Bank Group, including two top accolades in SME product innovation. The awards are Product Innovation of the Year -- Best Commercial Bank...
United Commercial Bank (UCB) PLC, a leading private bank, has signed a Memorandum of Understanding (MoU) with BUET Graduates Club Limited to enhance financial experience of club members. Under this agreement, UCB will introduce a co-branded credit card to make...
State-owned mobile phone operator Teletalk has launched "Gen-Z" packages with data for unlimited period and yearlong bundle offer for the young generation, reports BSS.Inspired by the much highlighted word "Generation Z" during the July's student-people mass uprising, Teletalk branded this...
FE REPORT | 2024-09-25 00:00:00
Equity benchmark index extended the winning streak for a second day on Tuesday, with turnover crossing Tk 7.0 billion-mark, driven by price appreciation in particular large-cap issues.Market experts said that stocks managed to stay positive riding on investors' interest in...
FE REPORT | 2024-09-25 00:00:00
The securities regulator has imposed penalties on seven individuals and companies, including cricketer Shakib Al Hasan, for their role in manipulating the share price of Paramount Insurance Company. At a meeting on Tuesday, the Bangladesh Securities and Exchange Commission (BSEC)...
BEIJING, Sept 24 (AFP): China's central bank on Tuesday unveiled a raft of measures to boost the country's struggling economy, cutting the amount of cash banks must hold in reserve and lowering a key interest rate.China's economy, the world's second-largest,...
An agreement was signed between South Asia Insurance Company Limited (SAICL) and Prime Finance Capital Management Limited (PFCML) on Tuesday for managing forthcoming IPO of the company. PFCML will act as the Issue manager of the proposed issue. The agreement...
Prime Bank PLC, a leading financial institution committed to innovation and customer-centric financial solutions, has recently signed a new payroll agreement with Dhaka Club Limited at Dhaka Club's office. This partnership marks a significant milestone in enhancing the financial management...
FE REPORT | 2024-09-25 00:00:00
Shwapno, Bangladesh's leading retail chain, launched its franchise model in 2017-2018 with just six outlets. Today, under the visionary leadership of Sabbir Hasan Nasir, the franchise model has become the primary growth engine for ACI Logistics Limited, with over 400...
OUR CORRESPONDENT | 2024-09-25 00:00:00
CHATTOGRAM, Sept 23: Industries ministry recently ordered the cessation of all operations of the SN Corporation Shipbreaking Yard for three months from today (Monday) following a tank blast on September 07.It also fined the yard, located at Sitakunda upazila in...
FE REPORT | 2024-09-25 00:00:00
The government is going to buy some commodities in advance for operating its essential sale drive for the upcoming Ramadan, sources said.As part of the move, the commerce ministry plans to purchase required chickpea and dates from the global market...
Challenging the central bank to go further if it truly wants to save troubled banks, prominent businessman and newly-installed chairman of National Bank Limited (NBL) Abdul Awal Mintoo has said merely restructuring the board of directors of these banks after...
LONDON, Sept 24 (Reuters): Coffee futures on ICE headed back towards multi-year highs on Tuesday as worries over the crop in top producer Brazil persisted, compounded by fears there will not be enough rains in the country in the weeks...
LONDON, Sept 24 (Reuters): A goal to triple global renewable energy capacity by 2030 and cut fossil fuel use is within reach, the International Energy Agency said in a report on Tuesday, but will require a huge push to unlock...
Gold prices steadied on Tuesday after hitting a record high on expectations for a further easing of US monetary policy and as tensions in the Middle East escalate, reports Reuters.Spot gold was little changed at $2,627.85 per ounce as of...
NEW DELHI/MUMBAI, Sept 24 (Reuters): India's decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping New Delhi to increase...
Oil prices jumped more than 2% on Tuesday on news of monetary stimulus from top importer China and concerns that conflict in the Middle East could hit regional supply while another hurricane threatened supply in the United States, the world's...
MEXICO CITY, Sept 24 (AFP): A tropical storm that slammed into Mexico's southern Pacific coast as a major hurricane weakened Tuesday, but forecasters warned of strong rains and flash floods inundating the coast for the next few days."Slow-moving John will...
VATICAN CITY, Sept 24 (AFP): Pope Francis has offered to give refuge on Vatican territory to Myanmar's detained former leader Aung San Suu Kyi, Italian media said on Tuesday."I asked for the release of Aung San Suu Kyi and I...
NEW DELHI, Sept 24 (BBC): India has reported its first case with the new mpox strain that has triggered a public health emergency alert by the World Health Organization (WHO), Reuters reports.Called clade 1b, the new variant is highly-transmissible and...
TEHRAN, Sept 24 (AFP): Iranian President Masoud Pezeshkian will hold talks with Vladimir Putin during a visit to Russia next month to attend the BRICS summit, a government spokeswoman said Tuesday.The visit to the BRICS summit in the Volga valley...
SINGAPORE, Sept 24 (AFP): The rare graft trial of a former Singaporean minister began on Tuesday, the first involving a political office holder for more than four decades in a nation often cited as one of the world's least corrupt.Ex-transport...
COLOMBO, Sept 24 (AFP): Sri Lanka's new leftist president appointed his cabinet Tuesday ahead of an expected snap parliamentary election as he prepares to renegotiate the bankrupt island nation's unpopular International Monetary Fund bailout programme.Self-avowed Marxist Dissanayake of the People's...
KANPUR, Sept 24 (Agencies): The second Test of the India-Bangladesh series will be held on a black soil pitch at the International Green Park stadium in Kanpur, contrasting with the red soil used in Chennai. The pitch is expected to...
BEIJING, Sept 24 (AFP): Aryna Sabalenka said Tuesday that she wants to cap off a stellar year by returning to the top of the world rankings.The world number two is the top seed at the China Open this week following...
Uncapped offspinner Nishan Peiris has been drafted into Sri Lanka's squad for the second and final Test against New Zealand after seamer Vishwa Fernando pulled up with an injury, reports ESPNcricinfo."Vishwa Fernando had developed a tightness in his right hamstring...
All-rounder Shakib Al Hasan will be part of the Bangladesh team for the home Test series against South Africa unless he faces an injury or selection issue, confirmed an official of Bangladesh Cricket Board (BCB), report agencies.Shakib, Bangladesh's most celebrated...
Despite a dismal record, Bangladeshi Captain Nigar Sultana Joty is hopeful of doing well in the upcoming Women's T20 World Cup to be held in the United Arab Emirates (UAE) in the next month, reports BSS.Due to the political unrest,...
HABIGANJ, Sept 24 (BSS): A man was killed in a clash between two rival groups over land dispute at Babnakandi village in Bahubol upazila of the district on Tuesday.The deceased was Wahid Mia, 32, hailed from the village.Police said the...
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