TOKYO, May 13 (AFP): SoftBank Group reported Monday a sharply narrowed full-year net loss as the Japanese investment giant pivots into artificial intelligence technologies.For the year to April, SoftBank was 227.6 billion yen ($1.5 billion) in the red compared to...
NEW DELHI, May 13 (Reuters): India's retail inflation rate eased slightly in April, partly due to lower fuel prices, although food prices remained elevated, government data showed on Monday.Annual retail inflation in April was 4.83 per cent, down from 4.85...
ANKARA, May 13 (AFP): Turkey announced Monday a three-year austerity plan aimed at reducing public spending to calm inflation that reached heights of nearly 70 per cent year-on-year in April.The government said it will limit recruitment and transport spending for...
MOSCOW, May 13 (Reuters): Russian wheat export prices rose last week as the current crop was hit by unseasonal May frosts.The price of 12.5 per cent protein Russian wheat scheduled for free-on-board (FOB) delivery in June was $221 a tonne,...
NEW DELHI, May 13 (Reuters): India signed a 10-year contract with Iran on Monday to develop and operate the Iranian port of Chabahar, the Narendra Modi-led government said, strengthening relations with a strategic Middle Eastern nation.India has been developing the...
Standard Bank PLC has opened a Haj Booth at Haj Camp at Ashkona in Dhaka. Mohammad Mohon Miah, Managing Director & CEO (Current Charge) of the bank, and Muhammad Kamruzzaman, Deputy Secretary and Director of Haj Office, Ashkona, formally inaugurated...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) hosted a webinar on 'Sustainable Islamic Social Finance Ecosystem' recently, says a press release. Speaking at the webinar, ICMAB President Prof. Dr. Md. Salim Uddin underscored the importance of acquiring...
Bashundhara Cement, a concern of the country's largest business conglomerate Bashundhara Group, signed an agreement with Chinese construction company SDRB-Sinohydro JV which is a Joint Venture of "Shandong Hi-Speed Group & Sinohydro Corporation Limited" to supply exclusively Bashundhara Cement for...
Grameenphone, the country's smart connectivity provider, has partnered with bKash, the largest Mobile Financial Service (MFS) provider, for enabling its customers to seamlessly open bKash accounts directly within the MyGP app. This seamless account opening functionality integrated within the MyGP...
The 17th Dhaka Motor Show 2024 is set to begin at Bangabandhu Bangladesh-China Friendship Exhibition Centre in the capital's Purbachal on May 23.Organised by the CEMS Global USA, the three-day show will remain open from 11:00am to 9:00pm every day....
The Venture Capital and Private Equity Association of Bangladesh (VCPEAB) has announced the formation of the Election Board and Appeal Board for the upcoming Executive Council Election.The election to the nine posts of the Executive Council for the term of...
FE REPORT | 2024-05-14 00:00:00
The Foreign Direct Investment Promotion Project (FDIPP) has disbursed over Tk 3.64 billion in the form of loans to 19 eligible end borrowers.The project is supervised by the central bank. Funded by Japan International Cooperation Agency (JICA), the project aims...
FE REPORT | 2024-05-14 00:00:00
Apparel sector leaders on Monday demanded withdrawal of a central bank's circular regarding gas connections to industries located outside the economic zones, and the continuation of cash incentives until 2026. They also voiced grievances about non-cooperation from the customs and...
A corporate agreement was signed between Union Bank PLC and MedRabbits Health care at the bank's head office in Dhaka on Sunday. Under this agreement, the employees of Union Bank and cardholders will enjoy up to 50% discount on healthcare...
Gold prices declined on Monday as investors awaited key US inflation data, which could shed light on the timing of the Federal Reserve's first rate cut, reports Reuters.Spot gold was down 0.7 per cent at $2,344.53 per ounce by 1204...
Janata Bank PLC held a Divisional Branch Managers' Conference at the Conference Room of Bangladesh Agricultural University in Mymensingh on Saturday. MD and CEO of the bank Md Abdul Jabbar was present as the chief guest while General Manager at...
LONDON, May 13 (Reuters): Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that US policymakers are likely to keep interest rates higher for longer.Brent crude futures were up 55 cents...
BERLIN, May 13 (AFP): As Germany prepares to host Euro 2024, the 2006 World Cup -- the last major international football tournament on German soil -- still plays a formative role in the nation's collective consciousness.Now widely known as the...
ROME, May 13 (AFP): Naomi Osaka's return to the Rome Open ended at the last 16 on Monday after the four-time Grand Slam champion fell 6-2, 6-3 to seventh-seed Zheng Qinwen.Japan's Osaka was playing at the Foro Italico for the...
NEW DELHI, May 13 (AFP): England batsman Liam Livingstone has left the Indian Premier League early to get his knee "sorted" ahead of the T20 World Cup in June, the Punjab Kings player said.Livingstone, 30, played just seven of 12...
Squash players from Independent University, Bangladesh (IUB) posing with their champions trophy after winning the "1st Inter-University Squash Tournament 2024" at the Station Officers Mess Alpha in the city recently. The two-day long tournament was organised by the Bangladesh Squash...
PARIS, May 13 (AFP): Kylian Mbappe scored on his final home appearance as a Paris Saint-Germain player on Sunday but the French champions suffered a surprise 3-1 defeat against Toulouse on the night they picked up the Ligue 1 championship...
Taskin Ahmed, a key bowler for Bangladesh, suffered a side muscle injury during the fourth match of the Zimbabwe series, forcing him to miss the final match. This injury has contributed to a delay in announcing Bangladesh's squad for the...
GAIBANDHA, May 13 (BSS): Speakers in a function here underscored the need for checking child marriage, polygamy, preventing drug trading, and human trafficking to bring sustainable improvements to people's lives. People should come with a positive attitude to check child...
Farmers busy plucking carrots for selling in local markets. The photo was taken from Hazratpur area of Keraniganj on the capital’s outskirts — Focus Bangla
MAGURA, May 13 (UNB): A fire in Charpara village, Mohammadpur upazila of Magura district, claimed the life of a 75-year-old woman on Sunday night.The victim, identified as Piari Begum, was living with her daughter's family in Charpara village, where she...
OUR CORRESPONDENT | 2024-05-14 00:00:00
GAIBANDHA, May 13: Development work on Badiyakhali railway station in the district has finally started to boost quality passenger services.The development came after The Financial Express published a news report headlined 'British-era Badiyakhali railway station lies uncared for' on February...
OUR CORRESPONDENTS | 2024-05-14 00:00:00
Cultivation of Chia seed is gaining ground in Rajshahi, Magura and Lalmonirhat districts due to its name as a super food, nutrition values, easy cultivation method, high yield and low production cost. Experimental farming of the crop which is highly...
Foreign remittance has become a lifeline for our economy. It serves as a lifeline for many families, contributing to economic development and stability. The funds of foreign remittance support the provision of basic needs like food, education, and healthcare. Remittance...
Excessive flattery is not merely a phenomenon; it has become a pervasive issue worldwide. The adulation of individuals has assumed ominous proportions, and we must not underestimate its detrimental impact. Despite its severity, it is going unaddressed, which poses serious...
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