FE REPORT | 2024-07-12 00:00:00
A Dhaka court on Thursday ordered the authorities concerned to confiscate all moveable and immoveable assets of former NBR official Matiur Rahman and his family members on charges of corruption.Mohammad Ash-Shams Joglul Hossain, judge of the Metropolitan Senior Special Judge's...
M AZIZUR RAHMAN | 2024-07-12 00:00:00
Summit LNG Terminal reached Moheshkhali mooring facility on Wednesday night following the fixing of the damage done during the recent cyclone Remal."The floating, storage and regasification unit (FSRU) will resume liquefied natural gas (LNG) regasification next week," Summit Corporation Managing...
JASIM UDDIN HAROON | 2024-07-12 00:00:00
Interbank foreign-exchange turnover that declined nearly 9.0 per cent during the first nine months of the last fiscal, year on year, is on a recovery path following the introduction of the crawling-peg system.The forex turnover during July-March period of FY...
FE REPORT | 2024-07-12 00:00:00
In its full verdict on the contentious job quota system, the High Court has directed the government to maintain quota of all types in public service.At the same time, it has given an option to reform or revise the quota...
FE REPORT | 2024-07-12 00:00:00
Sporadic clashes between cops and quota protesters occurred in different places as the demonstrators Thursday scaled police cordons to continue street squatting to press for an executive order recasting the quota system in government recruitment. Several protesters were injured during...
FE REPORT | 2024-07-12 00:00:00
Bangladesh and China have decided to elevate bilateral ties to "comprehensive strategic cooperative partnership", says a joint statement issued Thursday on agreed points reached during Prime Minister Sheikh Hasina's Beijing trip.At the invitation of Chinese premier Li Qiang, Sheikh Hasina...
MONIRA MUNNI | 2024-07-12 00:00:00
Around US$20-billion shortfall in Bangladesh's export proceeds for last two fiscal years has been detected initially as the Export Promotion Bureau started a recheck of shipments following a miscalculation row, sources said.Following the finding of the faux pas in export...
Most major stock markets in the Gulf were little changed in early trade on Thursday, while the Saudi market was slightly lower, as traders counted down to US data later in the day that is expected to show inflation easing...
SINGAPORE, July 11 (Reuters): Taiwan's TSMC scaled a record high on Thursday after posting strong second-quarter revenue on booming demand for AI applications, cementing its position as Asia's most valuable company.TSMC also topped a trillion dollar market value this week.The...
HONG KONG, July 11 (AFP): Asian stocks on Thursday tagged along with a Wall Street rally that saw another round of record highs as bets on a September interest rate hike surged following comments by Federal Reserve boss Jerome Powell.The...
FRANKFURT, Germany, July 11 (AFP): The number of ECB staff suffering from burnout has risen steadily in recent years to reach nearly four in ten, according to an internal study seen by AFP Thursday.The number of employees at the European...
Pfizer plans to move a reworked, once-a-day version of its weight-loss pill danuglipron into clinical trials later this year, the company said on Thursday, after scrapping a twice- daily version of the drug late last year, reports Reuters. The new...
Foreign investors made hefty investments in Japanese stocks in the week ended July 5, driven by a market rally and optimism over the outlook for solid corporate earnings in the second half of the year, reports Reuters.According to exchange data,...
Barobi Design, the exclusive distributor of luxury and innovation in bathware, hosted the launch of Jomoo's latest collection of intelligent and luxury bathware solutions at their flagship store at Banani in Dhaka recently. The successful launch underscores Barobi Design's commitment...
A Memorandum of Understanding (MoU) has been signed between Bangladesh House Building Finance Corporation (BHBFC) and Rajdhani Unnayan Kartripakkha (RAJUK) regarding BHBFC's home loan for flat and apartments built by RAJUK. The MoU was signed on Thursday at RAJUK Bhavan...
The 877th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at the Corporate Head Office of the Bank on Wednesday. The meeting was presided over by Akkas Uddin Mollah, Chairman of Executive Committee...
Four new factories in Bangladesh have recently been certified as LEED Platinum-rated, marking a significant achievement in the country's sustainable industrial growth over the years, reports BSS. The factories of the companies are Shirts Limited, Aptech Caswier Ltd, Ananta Jeanswear...
Prime Bank PLC. has signed a payroll banking agreement with REVE Group. Under the agreement, Prime Bank will extend exclusive benefits to REVE Group employees, including preferential offers in Accounts, Credit Cards, loans, and digital banking solutions. These offerings are...
The Premier Bank PLC has shifted its Islami Banking Branch, Mohakhali, to spacious new premises (MS Center, Mohakhali C/A, Dhaka-1212) to provide the most modern and the best-in-class customer service. Managing Director & CEO of the Bank Mohammad Abu Jafar...
Mutual Trust Bank PLC (MTB) has been honoured as one of the top ten sustainable banks in Bangladesh by the central bank of Bangladesh, reflecting its commendable performance in 2023. This prestigious recognition, awarded by the Sustainable Finance Department (SFD)...
A week-long 'National Fisheries Week-2024' will begin on July 30 across the country to promote sustainable development and expansion of fisheries resources, reports BSS."Prime Minister Sheikh Hasina is expected to inaugurate the 'National Fisheries Week-2024' at 10:30am on July 31...
FE REPORT | 2024-07-12 00:00:00
The government will buy refined fuel oil from eight state-owned enterprises of six countries under the government-to-government (G2G) long-term deals at a cost of Tk 164.84 billion during the July-December period.In this regard, the Cabinet Committee on Government Purchase (CCGP)...
FE REPORT | 2024-07-12 00:00:00
ICB Asset Management Company plans to sell another 6 million units of "ICB AMCL CMSF Golden Jubilee Mutual Fund" at the prevailing market price within 30 working days from Thursday.The sponsor of the close-ended mutual fund wants to sell these...
The 'Summit-Friendship Solar Village' project, located in Gaibandha, has received the prestigious Reuters' Global Energy Transition Awards 2024 under the 'Projects of Impact' category in New York, USA recently, says a press release.Among 500 entries this year from around the...
FE REPORT | 2024-07-12 00:00:00
Techno Drugs Ltd is set to make its share trading debut on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) Sunday under the 'N' category. It will become the 34th listed firm in the "pharmaceuticals & chemicals" sector...
FE REPORT | 2024-07-12 00:00:00
Stocks plummeted on Thursday, extending the losing streak for the second day in a row, as the risk-averse investors continued to book profit on quick-gaining shares.The market opened on a positive note in the morning but failed to sustain the...
BRASILIA (Reuters): Brazil has put into effect a free trade agreement with the Palestinian Authority that has been waiting for ratification for more than decade, in a show of support for the Palestinian people."The agreement is a concrete contribution to...
IPDC Finance has been recognized as top performing finance company in Bangladesh Bank's Sustainability Rating 2023, says a press release. The sustainability rating evaluates banks and financial institutions based on several components: sustainable finance, green finance, green refinance, core banking...
Global Islami Bank opened its branch at Benapole in Jashore on Thursday. Syed Habib Hasnat, Managing Director of the bank, inaugurated the branch as the chief guest. Additional Managing Director Kazi Mashiur Rahman Jayhad, Mayor of Benapole Pouroshava Md. Nasir...
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