President Mohammed Shahabuddin and Prime Minister Sheikh Hasina on Monday expressed profound shock at the death of Iranian President Dr. Seyyed Ebrahim Raisi, Foreign Minister Dr. Hossein Amir Abdollahian and members of the entourage in a helicopter crash.In a condolence...
FE REPORT | 2024-05-21 00:00:00
Australian Foreign Minister Penny Wong will arrive in Dhaka today (Tuesday) to 'advance Australia's interests in a peaceful, stable and prosperous Indian Ocean region'."As Australia enhances our engagement with the Indian Ocean region, I am pleased to undertake my first...
FE REPORT | 2024-05-21 00:00:00
It turns out as a high tragedy as Iranian president Ebrahim Raisi was found dead along with his foreign minister and others in a helicopter crash, necessitating a stand-in top order of the government. International media reports note that the...
JUBAIR HASAN | 2024-05-21 00:00:00
Bankers exasperate over deposit-stock depletion as bank-merger panic and treasuries bait drive away depositors and investors, leaving some of the lenders high and dry, sources say. The trend again leads to a rise in the volume of mattress money or...
HONG KONG, May 20 (Reuters): Shares of Chinese developers wobbled on Monday as investors fretted that China's "historic" steps to stabilise its crisis-hit property sector fell short of what is required to foster a sustainable turnaround in demand and confidence.Hong...
HELSINKI, May 20 (Reuters): Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI) business growth in Europe, it said in a statement...
A Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of Bangladesh (ICAB) and the Investment Corporation of Bangladesh (ICB) was signed at the CA Bhaban in the city on Monday. The objective of this MoU is to provide...
Nafiul Hasan, Director General-1 of Prime Minister's Office and Additional Secretary, joined the Agrani Bank PLC as a director recently. Agrani Bank Chairman Dr Zaid Bakht and CEO Md Murshedul Kabir along with other directors welcomed him with a bouquet....
Bangladesh Commerce Bank Limited (BCBL) opens a 'Laxmipur sub-branch'. Golam Farooq Pinku, MP inaugurated the sub-branch as the chief guest recently. Chairman of the Executive Committee of the bank Humayun Bokhteyar presided over the function. Managing Director and CEO of...
The opening ceremony of the Basic Chinese Language Course was held at BCCCI office in the city recently. The course was jointly conducted by Bangladesh China Chamber of Commerce & Industry (BCCCI) and the Confucius Institute at the University of...
Dhaka Power Distribution Company Limited's (DPDC) chatbot 'Vidyut Bandhu', an artificial intelligence-based smart customer assistant, won the 2nd position in the 'Innovation Showcasing' organised by the Power Division. Md Habibur Rahman, senior secretary of the Power Division, distributed crest and...
FE REPORT | 2024-05-21 00:00:00
The Ministry of Industries is poised to address issues surrounding battery-run rickshaws by establishing robust standards for their operation. Despite challenges, there is optimism that these vehicles could be made safer and more efficient.Senior Secretary of the Industries Ministry Zakia...
The 873rd meeting of Shahjalal Islami Bank's executive committee was held recently at the bank's corporate head office. The meeting was chaired by Akkas Uddin Mollah, chairman of the bank's executive committee. Managing Director Mosleh Uddin Ahmed and Company Secretary...
The MTB Foundation, in partnership with Bangladesh Thalassaemia Hospital, observed World Thalassaemia Day 2024 with a blood donation programme and awareness session. This year's theme was 'Empowering Lives, Embracing Progress: Equitable and Accessible Thalassaemia Treatment for All'. The event was...
Bank Asia has been awarded the prestigious title of 'Best Trade Partner Bank in South Asia' at the International Finance Corporation's (IFC) Global Trade Partners Meeting. The award was presented by an IFC representative to Zakia Rouf Chowdhury, vice chair...
BRAC Bank recently held a virtual earnings disclosure event to unveil its financial and operational performance for FY2023 and Q1 2024. The event, livestreamed on social media, attracted stakeholders including investment analysts, portfolio managers and capital market experts from local...
City Bank has announced the appointment of Kazi Azizur Rahman as its additional managing director (AMD). Prior to this promotion, Mr Rahman previously served as deputy managing director and chief information officer at the bank, according to a press statement.Mr...
FE REPORT | 2024-05-21 00:00:00
The prime index of the Dhaka bourse shed more than 300 points in just six days as jittery investors kept their sell-offs, fearing further fall of stock prices amid persistent economic worries.The market witnessed free fall from the beginning of...
FE Report | 2024-05-21 00:00:00
Both the stock exchanges have been given the authority to transfer any listed security to 'Z' category without permission from the securities regulator.To this effect, the Bangladesh Securities and Exchange Commission (BSEC) on Monday issued a directive.Previously, the bourses could...
MOHAMMAD MUFAZZAL | 2024-05-21 00:00:00
The Investment Corporation of Bangladesh and the Dhaka bourse have renewed efforts for the listing of state-run enterprises (SoEs), an issue that is dragged out of the forgotten stuff every now and then but to no avail. In the latest...
NEW DELHI, May 20 (BBC): Northern India, including capital Delhi, is reeling under a fierce heatwave with temperatures soaring above 45C over the weekend. On Sunday, Najafgarh district in Delhi recorded a temperature of 47.8C, the highest in the country...
TAIPEI, May 20 (BBC): Taiwan's newly inaugurated president William Lai has called on China to stop threatening the island and accept the existence of its democracy.He urged Beijing to replace confrontation with dialogue, shortly after being sworn in on Monday....
NEW DELHI, May 20 (AFP): Indian police on Monday detained an ineligible 17-year-old for voting eight times for Prime Minister Narendra Modi's ruling party, as rivals screamed voter fraud in the ongoing national polls.The Election Commission of India suspended poll...
BEIJING, May 20 (AFP): China's President Xi Jinping on Monday paid tribute to Iranian President Ebrahim Raisi, describing his "tragic death" in a helicopter crash as "a great loss to the Iranian people".Raisi was declared dead on Monday after rescue...
RAFAH, May 20 (Reuters/BBC): Israel made a new push in central Gaza on Monday, bombarded towns in the north of the Strip and said it intended to broaden its military operation in Rafah despite US warnings of the risk of...
ROME, May (Reuters): More than a third of Italian teenagers want to emigrate when they are older, according to a survey by national statistics institute Istat which also found that young people have become more anxious about the future.The findings...
LONDON, May 20 (AFP): Irish no-frills carrier Ryanair on Monday said group net profit jumped a third to 1.92 billion euros in its financial year as higher demand and fares offset ballooning fuel costs.Profit after tax climbed 34 per cent...
BEIJING, May 20 (Reuters): Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.The discounting comes as the U.S. tech giant seeks to defend...
Islami Bank Bangladesh PLC has opened a stall at the 11th National SME Product Fair-2024 at Bangabandhu International Conference Centre in Dhaka. Md Altaf Hossain, Additional Managing Director of the bank, inaugurated the stall on Sunday as the chief guest....
The 40th Annual General Meeting (AGM) of Saudi-Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO) was held at its Head Office at Nikunja in Dhaka recently. The meeting approved cash dividend of Tk 150 million for the year 2023. The...
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