FE REPORT | 2024-05-15 00:00:00
The Dhaka bourse on Tuesday experienced a sharp decline in the broad index as a majority of listed securities, including blue chips, saw correction.The Dhaka Stock Exchange (DSE) opened the day's session flat and soon the DSEX started to decline....
FE REPORT | 2024-05-15 00:00:00
Despite being efficient in management, British American Tobacco Bangladesh Company (BATBC) experienced a 9.41 per cent year-on-year decline in profit in the first quarter through March this year due to lower revenue. The company's management efficiency is reflected in the...
China's Alibaba Group Holding reported an 86 per cent plunge in fourth-quarter profit on Tuesday primarily due to valuation changes from equity investments, pushing its US-listed shares down 3 per cent in premarket trading though revenue beat analysts' estimates, reports...
Melinda French Gates is leaving the charitable foundation she co-founded with former spouse Bill Gates more than 20 years ago and will get $12.5 billion for her own work to uplift women and families, she said on Monday, reports Reuters.The...
The 21st Annual General Meeting (AGM) and 5th Extra Ordinary General Meeting (EGM) of National Finance Ltd (NFL) was held at a city hotel recently. Chairman of the Board Md. Abdul Mannan Bhuiyan presided over the meeting. The Board of...
Roads and Highways Department organised an 'Innovation Showcasing' at the Department in the city recently, aiming to promote e-governance and innovation activities. Secretary of the Road Transport and Highways Division ABM Amin Ullah Nuri inaugurated the event. At the event,...
Rupali Bank PLC held a meeting with the stakeholders on the national integrity strategy in Barishal on Monday. Joint Secretary of The Financial Institutions Division Badre Munir Ferdous was present as the chief guest and Joint Secretary of the same...
Selim Barkat, current Country Manager for Habib Bank Ltd. (HBL) Bangladesh, has been appointed as the Regional General Manager for HBL. With this appointment, Selim will cover HBL's operations in Sri Lanka and Maldives in addition to his current responsibility...
NEW DELHI, May 14 (Reuters): India's wholesale price-based inflation rose 1.26 per cent in April, the highest pace in a year, mainly driven by food and primary articles, government data showed on Tuesday.The April figures were higher than the 1...
FE REPORT | 2024-05-15 00:00:00
The government has expanded the coverage of the pilot employment injury scheme to include compensation for accidents that may occur when workers commute to and from their work.The eighth meeting of the Employment Injury Scheme (EIS) Pilot governance board on...
British International Investment (BII), the UK's development finance institution (DFI) and impact investor, has announced a loan commitment of 50 million US dollars to BRAC Bank, a leading SME bank in Bangladesh, to support small businesses and women entrepreneurs, reports...
Janata Capital and Investment Limited (JCIL), a subsidiary of Janata Bank PLC, launched a new product for stock market investors. MD and CEO of Janata Bank and Chairman of JCIL Md Abdul Jabbar along with JCIL CEO Shahidul Haq and...
Gold prices firmed on Tuesday as investors awaited the crucial inflation report this week, which can significantly influence the outlook on US interest rates, reports Reuters.Spot gold was up 0.4 per cent at $2,345.39 2 per ounce by 1209 GMT,...
The 18th Shariah Supervisory Board Meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held recently with Dr Syed Muhammed Emdad Uddin in the chair, says a press release. Board members Maulana Sayed Kamaluddin Abdullah...
The Ethical Committee of Sonali Bank PLC for Implementation of the National Integrity Strategy held its 4th meeting of fiscal year 2023-24 at the bank's head office conference room on Tuesday. Chief Executive Officer of Sonali Bank and Convener of...
LONDON, May 14 (Reuters): Oil prices edged lower on Tuesday, after US data suggested inflation remains sticky, while OPEC maintained its demand forecast for the year.Brent crude futures fell 55 cents to $82.81 a barrel at 1339 GMT, while US...
PARIS, May 14 (AFP): Kylian Mbappe was named France's player of the year on Monday at an awards ceremony in Paris, as he comes to the end of his seven-season stay with Paris Saint-Germain.Mbappe, 25, picked up the prize for...
The International Cricket Council (ICC) and Cricket West Indies (CWI) have allotted an additional time of 250 minutes for the second semifinal of the Twenty20 World Cup to ensure the match ends that day. There will be no receive day,...
Bashundhara Kings, which clinched BPL title for a record 5th times in a row with three matches spare last Saturday, smartly reached the final of the Federation Cup Football 2024 eliminating six-time BPL champions Dhaka Abahani Ltd by 3-0 goal...
Despite injury concerns, selectors have chosen pacer Taskin Ahmed for the Bangladesh squad heading to the 2024 ICC Men's T20 World Cup in the US and the West Indies, reports bdnews24.com.The bowler was also named as the vice-captain for the...
New Covid-19 sub-variant unlikely tocause infection peak in ChinaBEIJING, May 14: The KP.2 sub-variant of COVID-19, which has become increasingly prevalent on a global scale, is unlikely to cause a new infection peak in China in the near future, the...
MOSCOW, May 14 (AP): Russian authorities arrested another senior Defense Ministry official on charges of bribery, authorities said Tuesday, days after President Vladimir Putin replaced the defense minister in a Cabinet shake-up and amid expectations of further purges at the...
VARANASI, May 14 (AFP): India Prime Minister Narendra Modi on Tuesday formally submitted his candidacy to recontest the parliamentary seat for the Hindu holy city of Varanasi in a general election he is widely expected to win.The marathon six-week poll...
ISLAMABAD, May 14 (BBC): Four people have died and 100 others were left wounded after violent clashes with authorities in Pakistan-administered Kashmir. Thousands of people have been on the streets since Friday to protest rising prices of flour and electricity.Organisers...
JERUSALEM, May 14 (AFP/Reuters/AP): Human Rights Watch said Tuesday that Israel had repeatedly targeted known aid worker locations in Gaza, even after their coordinates were provided to Israeli authorities to ensure their protection.The rights watchdog said that it had identified...
MOSCOW, May 14 (Reuters/TASS): Russian President Vladimir Putin will visit China on May 16-17, his first foreign trip since his inauguration for a new term as president, the Kremlin said on Tuesday."At the invitation of Chinese President Xi Jinping, Vladimir...
BAGERHAT, May 14 (UNB): A conflict led to the death of a 25-year-old auto-rickshaw driver in the Amtala area of Morrelganj upazila in Bagerhat district on Monday night.The victim, identified as Al Imran Khan, was involved in a minor traffic...
KHULNA, May 14 (UNB): Bumper Boro production on the saline land in Khulna's Koyra upazila has brought smiles to farmers.The people of Koyra, which was devastated by cyclones including Sidr several times, have now started to turn around again with...
OUR CORRESPONDENT | 2024-05-15 00:00:00
SYLHET, May 14: Child patients are being reportedly deprived of medical services at Shantiganj Upazila Health Complex in Sunamganj district due to its staff shortage.Sources said there is no paediatrician at Shantiganj Upazila Health Complex, which compels the families of...
Brain drain, as we all know, is the emigration of highly skilled and qualified individuals from a particular country. If you ask people, especially students, about their future plans, at least 7.0 out of 10 will say that they plan...
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