GLENDALE, Arizona, July 01 (Agencies): Ecuador secured a place in the Copa America quarter-finals on Sunday after grinding out a 0-0 draw with Mexico, who bowed out of the tournament after finishing third in Group B.Ecuador, who are looking to...
The players' draft of the 11th edition of the Bangladesh Premier League (BPL) is likely to be held in September this year, reports BSS.The Bangladesh Cricket Board (BCB) will finalise the timeframe of the BPL in their 'board of directors'...
CHARTERED LIFE SIGNS AGREEMENT WITH THAI HOSPITAL An agreement has been signed between Chartered Life Insurance Company Limited and Phyathai Phaholyothin Hospital, Thailand. S M Ziaul Hoque, FLMI, Chief Executive Officer of Chartered Life, and International Marketing Manager of Phyathai...
FRANKFURT, July 01 (AFP): Germany's inflation rate slowed more than expected in June, official data showed Monday, in welcome news for the European Central Bank following last month's first interest rate cut since 2019.Inflation in Europe's biggest economy edged back...
Sonali Bank holds Shariah supervisory committee meetingThe Shariah Supervisory Committee of Sonali Bank PLC held its 27th meeting at the bank's head office board room on Thursday. Chairman of the committee Dr Mohammad Abdur Rashid presided over the meeting. Among...
Mutual Trust Bank (MTB) proudly announces that Syed Mahbubur Rahman, our managing director and CEO, has been honored with the "Most Influential Banking Leader, Lifetime Achievement Award-Bangladesh" by Business Tabloid Magazine. This prestigious accolade underscores Rahman's decisive leadership and strategic...
Nilufer Zafarullah and Md. Shamsuzzaman have been re-elected chairman and vice chairman of Midland Bank for the next two years. The board of directors in its 155th meeting held on June 30, 2024 made the decision, according to a p[press...
FE REPORT | 2024-07-02 00:00:00
Islamic Finance & Investment Limited (IFIL) reported a loss for the first time for 2023 of Tk 230.23 million since inception, as borrowers, battered in sluggish business environment, have failed to pay back. Non-performing loans rose to an all-time high...
Babul Barman | 2024-07-02 00:00:00
The SME market index soared almost 13 per cent year-on-year in the just concluded financial year as it drew a significant number of investors at a time when the main market endured persistent price erosion.Substantial price hikes of most SME...
BEIJING, July 1 (Reuters): Iron ore futures prices rose on Monday to their highest levels in nearly two weeks, helped by better-than-expected factory data in top consumer China and hopes of more stimulus measures in the world's second-largest economy later...
SEOUL, July 1 (Reuters): Boeing has restarted wide-body jet deliveries to China that were halted in recent weeks due to a Chinese regulatory review which also stalled new narrow-body deliveries by the US planemaker, according to flight tracking data and...
CVO Petro-Chemical Refinery bade farewell to outgoing Commissioner of Chattogram Metropolitan Police (CMP) Krishna Pada Ray on Monday. Chairman of the company Shamsul Alam Shamim presented a bouquet to the outgoing CMP Commissioner at his office. Additional Commissioner A S...
Gold prices rose on Monday as the dollar softened, while investors turned cautious ahead of key economic data that could shed light on the Federal Reserve's potential rate cut trajectory, reports Reuters.Spot gold rose 0.4 per cent to $2,335.40 per...
Oil prices rose on Monday, helped by expected peak summer consumption and OPEC+ production cuts, though gains were capped by rising output from other producers and caution over potential market volatility ahead of pending elections, reports Reuters.Brent crude futures rose...
Muhammad Zamir | 2024-07-01 12:00:00
Freedom of information is an extension of freedom of speech, a fundamental human right recognised in international law, which is understood more generally as freedom of expression in any medium-- be it orally, in writing, print, through the internet or...
Prime Minister Sheikh Hasina exchanges pleasantries with guests during a post-budget dinner at the Bangabandhu International Conference Centre (BICC) on Sunday. — Photo Focus Bangla
FE REPORT The capital, Dhaka, and other areas of the country witnessed incessant rain on Sunday that disrupted normal public life and their daily routine activities.Rainfalls intensified due to the monsoon, with active condition prevailing over the country, particularly in...
Students sitting for the Higher Secondary Certificate and equivalent exams had to brave the heavy rain on Sunday morning to reach their exam centres.The rain dwindled the transports available on the roads and traffic congestion caused further delays for examinees...
FE REPORT | 2024-07-01 00:00:00
A Dhaka court on Sunday appointed a first-class magistrate to make an entry into the four confiscated flats owned by former Inspector General of Police (IGP) Benazir Ahmed and his family members.Judge of the Dhaka Metropolitan Senior Special Judge's Court...
FE REPORT The revenue board has transferred its First Secretary (current charge) Quazi Abu Mahmud Faisal to its Bogura office, following an allegation of accumulating wealth earned through illegal means. The Additional Commissioner at the tax legal and enforcement wing...
M AZIZUR RAHMAN | 2024-07-01 00:00:00
Government's subsidy for liquefied natural gas (LNG) procurement is set to surge 27.27 per cent year on year to Tk 70 billion in FY2024-25, starting from today (Monday). This comes despite the authorities raising gas tariffs at least five times...
All forms of bank transactions will be closed on Monday, as they are on July 1 every year.As banks are closed, there will be no transactions on the Dhaka Stock Exchange or the Chittagong Stock Exchange either, reports bdnews24.com.Though transactions...
FE REPORT | 2024-07-01 00:00:00
The government will launch a new pension scheme called 'Prottoy' today (Monday) for employees of self-governing, autonomous, state-owned, statutory or similar organisations and their subordinate bodies.New employees joining these organisations from 1 July will be mandatory members of the Prottoy...
JUBAIR HASAN | 2024-07-01 00:00:00
Bangladesh finally meets the IMF-set net international reserves (NIR) mark for the country's creditworthiness, days before the deadline expired, as the central bank adopted a waste-not, want-not strategy to boost dollar stock.As part of the lending package for stabilising the...
FE REPORT | 2024-07-01 00:00:00
Black money and stock investors' capital gains are equally taxed at 15 per cent while lawmakers can import cars tax-free as the government-crafted Tk 7.97-trillion budget got through the Jatiya Sangsad (JS) on Sunday.Overwhelming 'ayes' drowned out 'nays' by a...
FE REPORT | 2024-07-01 00:00:00
Fund feeding to commercial banks squeezes as the central bank lowers REPO-auction frequency to twice a week from five working days in a tight-fisting action evidently meant for inflation and NPL control. The Bangladesh Bank or BB has said this...
The Appellate Division of the Supreme Court (SC) will hear arguments from the Newspapers Owners Association of Bangladesh (NOAB) on a leave to appeal petition regarding the High Court's (HC) judgment on income tax of journalists and employees working in...
The National Committee to Protect Shipping, Roads and Railways (NCPSRR) on Sunday demanded the immediate removal of all structures, including dockyards, built on the banks of Buriganga River, reports UNB.Mohammad Shahid Mia, president of the organisation and its general secretary...
Bangladesh Air Force (BAF) received their fifth C-130J Super Hercules aircraft from the UK recently, reports UNB."We are delighted..," said the British High Commission in Dhaka on Sunday.The UK and Bangladesh share a strong defence relationship established at the time...
FE REPORT The High Court on Sunday ordered the agencies concerned of the government to inform it within seven days what steps have been taken against the persons responsible for the mismanagement that led to failure of a large number...
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