Industries Minister Nurul Majid Mahmud Humayun visits a stall at a trade fair titled 'Top Thai Brands 2024' after its inaugural ceremony at Pan Pacific Sonargaon Dhaka on Wednesday. The Royal Thai Embassy and Thai Trade Centre organised the four-day...
Marriott International's Renaissance Dhaka Gulshan Hotel has been hosting a South Indian Food Fest at the Bahar Multicuisine Restaurant, says a press release.The festival that began July 3 will run through July 13. This festival features an exquisite culinary journey...
Energypac Power Generation PLC has celebrated its 20 years of meaningful partnership with UK-based Perkins, one of the world's leading providers of diesel engines. This marks a significant step towards the mutual relationship between them, says a press release. Perkins...
Mutual Trust Bank (MTB) is proud to announce its recognition as the "Best Bank in Diversity and Inclusion Bangladesh 2024" by Global Business Magazine, according to a press release. This prestigious award highlights MTB's commitment to fostering a diverse and...
Zakia Rouf Chowdhury has been re-elected as vice chairman of Bank Asia at the board of directors' meeting held recently, according to a press release.She has an illustrious business career of more than 35 years in the private sector of...
FE REPORT | 2024-07-11 00:00:00
Stocks slipped into the red on Wednesday, snapping a six-day rally, as cautious investors opted for booking profit.Market insiders said stocks that had seen significant price appreciation in the last few trading days underwent correction on Wednesday. Price erosion of...
FE REPORT | 2024-07-11 00:00:00
Trouble-ridden People's Leasing and Financial Services Ltd. showed a slight reduction in its sky-high losses in a delayed financial statement published on Wednesday.The non-bank financial institution (NBFI) disclosed financial results for 2022, which it was supposed to make public by...
FE REPORT | 2024-07-11 00:00:00
After Power Grid, the stock market regulator has given permission to the Dhaka Electric Supply Company (DESCO) to issue preference shares to the government against share money deposits. The preference shares will not be incorporated into the paid-up capital and...
DUBAI, July 10 (Reuters): Abu Dhabi National Oil Company on Wednesday awarded stakes in its Ruwais liquefied natural gas (LNG) expansion project to four international companies, as competition intensifies among Gulf states to produce the fuel.Energy companies are betting on...
WASHINGTON, July 10 (AFP): The United States unveiled stricter rules Wednesday on steel and aluminum imports from Mexico, moving to prevent China-origin goods from avoiding tariffs.The election-season actions by President Joe Biden's administration mark the latest in a series of...
NEW DELHI/LUCKNOW, July 10 (Reuters): A move by India's Uttar Pradesh state to waive some levies on hybrid cars will make them 10 per cent cheaper, delivering Japan's Toyota Motor a big win in lobbying efforts and raising industry and...
Dhaka Regency Hotel & Resort and NRB Bank have signed a Memorandum of Understanding (MoU) to introduce exclusive offer on various outlets. Shahid Hamid FIH, Executive Director of Dhaka Regency Hotel & Resort, and Md. Shaheen Howlader, Deputy Managing Director...
Community Bank Bangladesh PLC, as a participant in the Bangladesh Bank-Long Term Financing Facility (BB-LTFF), has signed a participating agreement with Bangladesh Bank. In presence of Dr. Md. Habibur Rahman, Deputy Governor of Bangladesh Bank, the agreement was signed by...
Shimanto Bank has recently signed an agreement with Bangladesh Bank to participate in Long Term Financing Facility (LTFF) in foreign currency (USD). The agreement signing ceremony was presided over by Dr. Md. Habibur Rahman, Deputy Governor, Bangladesh Bank. Rafiqul Islam,...
Bank Asia, a leading private sector bank, has commenced the process of acquiring the Bangladesh operations of Pakistan-based Bank Alfalah. This marks the third foreign bank acquisition by Bank Asia, reports UNB.In 2001, Bank Asia acquired the Bangladesh operations of...
FE REPORT | 2024-07-11 00:00:00
Japan is reviewing the Country Assistance Plan for Bangladesh, taking into account the nation's upcoming graduation from Least Developed Country status and its Ninth Five-Year Plan, Japanese Ambassador to Bangladesh Iwama Kiminori said."We are considering Bangladesh's needs against its development...
FE REPORT | 2024-07-11 00:00:00
The percentage of internet users making online purchases in Bangladesh is one of the lowest in the world. The ratio was below 10 per cent in the last year, reflecting the need for more substantive progress in e-commerce.The share is...
PARIS/JAKARTA, July 10 (Reuters): Chicago corn and wheat futures edged down on Wednesday as favourable crop conditions kept a lid on prices, while soybeans steadied after hitting another near four-year low.Rapid wheat harvest progress and good growing conditions for corn...
Boeing said on Tuesday it delivered more commercial jets in June than in any other month this year, but the total of 44 planes represented a 27 per cent drop on an annual basis amid a whirlwind of legal and...
LONDON, July 10 (Reuters): Oil prices steadied on Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) kept its growth forecast for oil demand unchanged for this year and next, while U.S. crude and gasoline inventories likely fell last...
CHARLOTTE, N.C., July 10 (Agencies): Uruguay and Colombia will be chasing their own slice of history when they meet in Thursday's (as per BST) Copa America semi-final in Charlotte, North Carolina.Colombia enter the semi-final having avoided defeat in 27 consecutive...
Lamine Yamal delivered a dose of footballing justice as his record-breaking stunner sent Spain to their first final in 12 years and France home, report agencies.The entertainers defied the pragmatists in Munich as Yamal became the youngest goalscorer in Euros...
LONDON, July 10 (AFP): England debutant Gus Atkinson upstaged James Anderson's farewell by taking a sensational seven wickets as the West Indies collapsed to 121 all out on Wednesday's opening day of the first Test at Lord's.The build-up to the...
Lionel Messi helped guide Argentina to this year's Copa América final after scoring in his nation's 2-0 win against Canada in the semifinals on Wednesday's (as per BST), report agencies.The 37-year-old scored early in the second half to double Argentina's...
Twelve children killed in S African school minibus crashJOHANNESBURG, July 10: Twelve children were killed in South Africa early Wednesday when a minibus taking them to school near Johannesburg overturned and caught fire after being hit by another vehicle, the...
YANGON, July 10 (AFP): Myanmar ethnic minority fighters said on Wednesday they have seized a town along a key trade highway to China following days of clashes with junta troops.The town of Naungcho "is totally ours," General Tar Bhone Kyaw...
PARIS, July 10 (AFP): Dozens of freshly-elected French far-right lawmakers visited parliament Wednesday, as the left-wing alliance who beat them in the polls scrambled for a viable candidate to lead the government.A broad coalition of Greens, Socialists, Communists and the...
MUMBAI, July 10 (Reuters): When the son of Asia's richest person Mukesh Ambani gets married in Mumbai this week, traffic in a key part of the city will literally stop for the four-day extravaganza to be attended by celebrities, business...
WASHINGTON, July 10 (AFP): NATO leaders meet Wednesday for their 75th anniversary, seeking ways to ramp up support for Ukraine as deadly Russian strikes and political uncertainties in the West stir new concerns.With the pomp of a summit in Washington,...
GAZA, July 10 (Agencies): Israeli forces launched more deadly strikes across Gaza on Wednesday, according to medical sources and the military, which said it targeted Hamas militants operating from inside a UN agency building.The Israeli army also said it was...
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