FE REPORT | 2024-05-28 00:00:00
The Anti-Corruption Commission (ACC) on Monday submitted a charge sheet against former BASIC Bank Chairman Sheikh Abdul Hye Bacchu and five others, including his wife and children, in connection with a case filed under the Money Laundering Prevention Act.The charge...
FE REPORT | 2024-05-28 00:00:00
After eight months since September last year, Fitch Ratings has again downgraded Bangladesh's long-term credit rating due mainly to a weakening of the country's external buffers.In its latest review released on Monday, Fitch has downgraded Bangladesh's Long-Term Foreign-Currency Issuer Default...
DOULOT AKTER MALA | 2024-05-28 00:00:00
Tax rates for publicly-listed companies may remain unchanged in the upcoming fiscal year while some changed parlances could make uncertain the availing of lower tax rates tagged with conditions, sources say.However, although the tax rate would remain same, in principle,...
FE REPORT | 2024-05-28 00:00:00
At least 10 people were killed and 3.8 million affected in inundation by tidal surge as the cyclone Remal lashed at Bangladesh with rainstorm since Sunday night, sources said Monday. The tropical storm especially battered coastal areas, also inundating shrimp...
Light to moderate rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at most places over Khulna, Barishal, Dhaka, Chattogram, Rajshahi, Rangpur, Mymensingh and Sylhet divisions in the next 24 hours today (Tuesday), according to the Met Office....
One more death was reported from dengue in 24 hours until Monday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 34 this year, reports UNB.During the period, 16 more patients were hospitalised with viral fever,...
Bangabandhu Sheikh Mujibur Rahman Aviation and Aerospace University Vice Chancellor Air Vice Marshal A K M Manirul Bahar and Director of Information Commission Dr Md Abdul Hakim, among others, attended a workshop on Right to Information Act on the university...
Chief of Army Staff General SM Shafiuddin Ahmed speaking at the inaugural session of the 12th Annual General Meeting and workshop of AAPTC at Bangladesh Institute of Peace Support Operation Training (BIPSOT) in Rajendrapur Cantonment, Gazipur on Monday — ISPR
FE REPORT | 2024-05-28 00:00:00
The Appellate Division of the Supreme Court on Monday refused to grant bail to Destiny Group Managing Director Rafiqul Amin in a case filed against him and others on charge of embezzling more than Tk22.57 billion through Destiny Tree Plantation...
FE REPORT | 2024-05-28 00:00:00
Transparency International Bangladesh (TIB) observed on Monday that just like the national elections, the local government body elections are also characterised by one-party dominance and growing influence of business interests.Besides, TIB called on the Election Commission (EC), National Board of...
FE REPORT | 2024-05-28 00:00:00
Civil society members have urged the government to refrain from giving commercial approval to all types of genetically modified crops and foodstuff, including golden rice and BT brinjal.They made the call on Monday by sending a letter to the secretaries...
CHATTOGRAM, May 27 (UNB): The Election Commission (EC) ordered Inspector General of Police (IGP) to withdraw four Officers-in-Charge (OCs) from Chattogram division due to their controversial records to ensure a free, fair and neutral election of the sixth upazila parishad...
The Election Commission on Monday postponed the elections to 19 out of 109 upazila parishads slated for tomorrow (Wednesday) due to the landfall of cyclone Remal on Sunday, report agencies.Election Commission Secretary Md Jahangir Alam said this at a press...
FE REPORT | 2024-05-28 00:00:00
Bangladesh Nationalist Party (BNP) reiterated on Monday its demand to the government for immediate release of detained party leaders including party chairperson Begum Khaleda Zia.Standing committee member of BNP Nazrul Islam Khan voiced the demand at a human chain programme...
Awami League (AL) General Secretary Obaidul Quader said on Monday that party President and Prime Minister Sheikh Hasina will visit the cyclone-hit areas once the weather situation improves, reports BSS."Prime Minister Sheikh Hasina monitored the situation of the cyclonic storm...
BENGALURU, May 27 (Reuters): Indian stocks closed lower on Monday as an extended rally in financial stocks on the central bank's record dividend last week was offset by a drop in energy firms, with volatility remaining high on nerves around...
A four-member delegation of Huawei Technology (Bangladesh) led by Allen Liu, vice president of Huawei South Asia region, met Dhaka Stock Exchange (DSE) Chairman Prof Dr Hafiz Md Hasan Babu in Dhaka recently. During the visit, the DSE chairman saught...
SHANGHAI, May 27 (Reuters): AliExpress, an e-commerce site owned by Chinese giant Alibaba, has signed former England soccer captain David Beckham as a brand ambassador as it plays catch-up with rival PDD Holdings' Temu in a battle to sell cheap...
Software Shop Limited has issued a statement on its dues to Bangladesh Telecommunications Regulatory Commission. In the statement, the company said, "A news item on May 14, 2024, concerning Software Shop Limited's dues to the BTRC has come to our...
SEOUL, May 27 (AFP): China's Premier Li Qiang said his country will always be open to foreign companies and promised steps to boost their confidence in the world's second-largest economy, state media reported.Li made the comments during his meeting with...
The Institute of Chartered Accountants of Bangladesh (ICAB) organised a workshop on 'Implementation of Audit Practice Software for CA Firms in Bangladesh' at ICAB Auditorium on Monday. ICAB President Mohammed Forkan Uddin, Past President & Council Members Mohammed Humayun Kabir,...
Sonali Bank PLC organised a training workshop on 'Grievance Redress System (GRS) and its software' at the conference room of its head office on Monday. Chief Executive Officer of the bank Md. Afzal Karim attended the workshop as the chief...
Newly-elected board of directors of Shippers' Council of Bangladesh (SCB) for the term 2024 & 2025 led by its Chairman Md Rezaul Karim paid a courtesy call on State Minister for Commerce Ahasanul Islam Titu at his office in the...
Southeast Bank distributed special CSR fund among farmers for cultivation and purchasing agri-based machinery. The financial assistance was handed over to Mifta Naim Huda, executive director of the Centre for Development Innovation and Practices (CDIP), in presence of Nuruddin Md....
Pubali Bank launched co-branded Visa debit and credit cards with Bangabandhu Sheikh Mujib Medical University (BSMMU) at Shahid Dr. Milon Auditorium, BSMMU on Monday. Mohammad Ali, managing director & CEO of Pubali Bank, and Professor Dr. Deen Mohd. Noorul Huq,...
FE REPORT | 2024-05-28 00:00:00
The government will monitor the egg market amid a recent hike in the price of the widely consumed item following reports that vested quarters have stored a vast quantity of eggs in cold storages.Agriculture minister Dr Md Abdus Shahid told...
Industry leaders have highlighted critical challenges and promising prospects in the steel, cement, and energy sectors during the 4th International Trade Summit held at a city hotel recently. The summit with the theme 'Sustainable Future' was organised by BigMint, India,...
A five-member delegation from Venture Capital and Private Equity Association of Bangladesh (VCPEAB) led by its President Shameem Ahsan held a meeting with State Minister for Commerce Ahasanul Islam Titu at the Bangladesh Secretariat on Sunday, says a press release.During...
FE REPORT | 2024-05-28 00:00:00
BD Thai Food & Beverage has sought a 12-month extension to fully utilise its IPO (initial public offering) fund, having failed to import certain machines for the dollar crisis. It had been given 24 months' time that ended in January...
FE REPORT | 2024-05-28 00:00:00
Stocks rebounded on Monday snapping a nine-day losing streak, as a majority of the blue-chip stocks experienced appreciation. At the end of the session, the DSEX settled at 5310.51 points after a rise of 1.13 per cent or 59.66 points.Buoyed...
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