NEW YORK, Sept 23 (Reuters): US-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel, Bloomberg News reported on Sunday.Apollo has indicated in recent days it would be willing...
LONDON, Sept 23 (Reuters): British investment managers Legal & General and Schroders are to invest hundreds of millions of dollars in commercial property in the United States, but are largely steering clear of the hard-hit office sector, the companies told...
GENEVA, Sept 23 (AFP): The World Trade Organization agreed Monday to establish an expert panel to examine US subsidies for electric vehicles after Beijing accused Washington of unfair competition.The United States slammed China's complaint, insisting the country was seeking "to...
The Branch Manager Conferences of Union Bank PLC was held at the bank's Head Office in Dhaka to achieve the business target 2024. Chairman of the Board of Directors of Union Bank Md. Fariduddin Ahmad was present as the chief...
International Cotton Association (ICA) President Kim Hanna and its Managing Director Bill Kingdon met with BTMA President Showkat Aziz Russell at the BTMA's Gulshan office in Dhaka on Monday. BTMA Vice Presidents Md. Shamim Islam, Md. Abul Kalam, and Saleudh...
Local Government Division (LGD) held an emergency meeting on Monday to discuss ways to combat dengue effectively across the country. The division's Secretary Abu Hena Morshed Zaman presided over the meeting held at its conference room. Additional Secretaries of LGD...
Millennium Information Solution Ltd has achieved the prestigious ISO/IEC 27001:2022 certification, the latest global standard for Information Security Management Systems (ISMS), says a statement. This accomplishment underscores the company's commitment to safeguarding sensitive information and adhering to the highest international...
FE REPORT | 2024-09-24 00:00:00
A visiting high-profile delegation from the Global Confederation of Belt and Road Economic Cooperation (OBOR) has shown interest in supporting Bangladesh for advancing its long-term goals for a prosperous and green future.The delegation members, who arrived in Dhaka on a...
A five-day long orientation programme was arranged for Pubali Bank's 146 newly recruited junior officers. The course is designed aiming to familiarise participants with the concepts, principles, rules, regulations, laws, and practices of the bank. Managing Director and Chief Executive...
Dhaka Bank on Sunday relocated its DEPZ branch to a spacious new premises at the Commercial Complex, in ward No. 6, of Ashulia's Dhamshona, Dhaka-1341, to provide advanced customer services. A K M Shahnawaj, managing director of Dhaka Bank, inaugurated...
The newly-appointed chairman of IFIC Bank, Md Mehmood Husain, addressed colleagues at a "Meet the Chairman" event held at the IFIC Tower in Purana Paltan on Sunday. Managing Director Syed Mansur Mustafa delivered the introductory speech and welcomed the chairman...
FE REPORT | 2024-09-24 00:00:00
SK Trims & Industries resumed operation on Saturday after two weeks' suspension as its bank accounts have been unblocked following a High Court stay order.The High Court on September 18 overruled the order passed by the Judge Court asking the...
FE REPORT | 2024-09-24 00:00:00
Bangladesh Stock market watchdog has ordered the premier bourse to find out reasons behind the 250 per cent increase in the share price of Taufika Foods and Lovello Ice-cream in less than six months to July 15.The stock of Taufika...
FE REPORT | 2024-09-24 00:00:00
Sonali Aansh Industries has been flying high on the Dhaka Stock Exchange (DSE) in the last two weeks but the company representatives say no undisclosed price-sensitive information is behind it. The export-oriented jute goods manufacturer's stock price climbed 37 per...
SYDNEY, Sept 23 (BBC): Australia's consumer watchdog is suing the country's two biggest supermarket chains, alleging they falsely claimed to have permanently dropped the prices of hundreds of items.The Australian Compe-tition and Consumer Commission (ACCC) claims Coles and Woolworths broke...
RIYADH, Sept 23 (Arab News): Cement sales in Saudi Arabia saw an annual increase of 1.8 per cent in the second quarter of 2024, reaching 10.85 million tonnes, according to recent data. Figures released by Al-Yamama Cement showed that 95...
NEW DELHI, Sept 23 (Reuters): China's Xiaomi has asked India's antitrust body to recall its report that found the company and Walmart's Flipkart breached competition laws, arguing it contains commercial secrets, two people familiar with the matter said.Any recall of...
WASHINGTON, Sept 23 (Reuters): US Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources...
Midland Bank PLC. (MDB) signed an MoU with ACE Autos and ACE Workshop, one of the renowned car importer and modern motor workshop in Bangladesh. Under the terms of this MoU, MDB Visa Debit, Credit and Prepaid cardholders will enjoy...
BRAC Bank is offering big discounts, lucrative cashback, and reward points to add more joy to the Durga Puja celebration.The bank has offered up to 50 per cent discounts with more than 300 top brands, enabling customers to make the...
Abu Reza Md Yeahia has joined First Security Islami Bank PLC (FSIB) as Additional Managing Director, says a statement. Previously, he served as Additional Managing Director of Social Islami Bank PLC and Deputy Managing Director of Islami Bank PLC. During...
Md Omar Faruk Khan and Mohammad Jamal Uddin Mazumder joined Islami Bank Bangladesh PLC as Additional Managing Directors (AMDs), says a statement. Omar Faruk Khan previously served as Managing Director (Current Charge) at NRB Bank Limited. He first joined Islami...
A new e-Return Service Centre was inaugurated at the NBR Bhaban in the capital's Agargaon area on Monday.The Service Centre, operated by NBR officials who are trained in e-Return system intricacies, is funded by the European Union (EU) as part...
FE REPORT | 2024-09-24 00:00:00
In a significant push for reforms within the telecommunications sector, the Bangladesh Mobile Consumers Association (BMCA) submitted 17 proposals to the Bangladesh Telecommunication Regulatory Commission (BTRC) at its office in the city on Sunday.A delegation of BMCA, led by its...
The US Embassy Charge d'Affaires Helen LaFave calls on Planning and Education Adviser Wahiduddin Mahmud at the latter's office at his ministry in the city on Monday. — PID
NAZIMUDDIN SHYAMOL | 2024-09-24 00:00:00
CHATTOGRAM, Sept 23: Importers have shown less interest in transporting cargo from Chattogram Port to Pangaon Inland Container Depot (ICD) via waterways, as they find it more expensive than road or rail options.As a result, importers in Dhaka and other...
MANCHESTER, England, Sept 23 (AP): Erling Haaland scored his 100th goal for Manchester City in his team's 2-2 draw with Arsenal in the Premier League on Sunday.The Norway international reached the landmark figure on his 105th appearance for the defending...
Prominent businessman Tajwar Mohammad Awal has been elected as the new president of Arambagh Krira Sangha, one of the oldest sports organisations in Bangladesh, reports UNB.Tajwar is the son of Abdul Awal Mintoo, a vice chairman of the BNP, and...
Former vice-president of Bangladesh Football Federation (BFF), renowned politician and businessman Tabith Awal will contest for the hot seat of BFF president in the upcoming election scheduled for October 26, reports UNB.Tabith Awal made this announcement officially at a press...
BERLIN, Sept 23 (Reuters): Carlos Alcaraz beat Taylor Fritz 6-2 7-5 to hand Team Europe a 13-11 victory over Team World in the Laver Cup in the last session of the tournament on Sunday.Four-time Grand Slam champion Alcaraz romped through...
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