Eastern Bank PLC (EBL) has launched a new DPS product 'EBL Little Star', designed exclusively for the children under five. The new product proposition launched at the EBL Head Office in the city's Gulshan area on Sunday will offer families...
FE REPORT | 2024-11-11 00:00:00
Dhaka Chamber of Commerce and Industry (DCCI) on Sunday sought Argentine investment in the country's pharmaceuticals sector for mutual benefits of the two countries. The development came during a bilateral meeting between DCCI President Ashraf Ahmed and the Ambassador of...
NEW DELHI, Nov 10 (Reuters): India's rice inventories surged to an all-time high of 29.7 million metric tons in November, sources said on Friday, nearly three times the government's target, as export curbs imposed over the past two years bumped...
MILAN, Nov 10 (Reuters): Amazon's computing unit AWS on Thursday said it planned to invest 1.2 billion euros ($1.3 billion) in Italy over the next five years in a further expansion of its data centre business in the country.The plan...
RIYADH, Nov 10 (Arab News): Saudi Arabia's central bank has implemented its second interest rate reduction of 2024, lowering the benchmark by 25 basis points to 5.25 percent.This adjustment mirrors the recent US Federal Reserve decision, which also cut rates...
WASHINGTON/NEW YORK, Nov 10 (Reuters): The banking and finance industries are rapidly drawing up wish lists for lighter regulation under President Donald Trump's incoming administration as Wall Street sees a window of opportunity to influence policy.Numerous financial trade groups are...
Tesla's market value closed above the $1 trillion mark in a sharp rally on Friday, on expectations that CEO Elon Musk's companies will get favorable treatment under President-elect Donald Trump for his extensive support during the poll campaign, reports Reuters.The...
The swearing-in ceremony for newly elected executive council members of the Chittagong University Ex-Economics Students' Association (CUEESA) was held at its office in Dhaka recently. Chief Election Commissioner Mizanul Islam administered the oath to the newly elected members of the...
The 25th Meeting of the Board of Directors of Citizens Bank PLC was held at its head office recently, with its Chairman Chowdhury Mohammed Hanif Shoeb in the chair. Directors Masuduzzaman, Mohammed Iqbal, Mukhlesur Rahman, and S M Shofiqul Hoq,...
The 523rd meeting of the Board of Directors of NCC Bank was held at the bank's board room recently. Chairman of the bank Md Nurun Newaz Salim presided over the meeting attended by Vice-Chairman A.S.M Mainuddin Monem, Director & Past...
A gold medal award ceremony in the name of Emeritus Professor Dr. Sultan Ahmed Choudhury, an initiative of Bangladesh Academy of Sciences, was held on Saturday at the auditorium of the National Science and Technology Complex in the capital. Emeritus...
Southeast Bank recently announced its collaboration with Mastercard and vehicle maintenance startup, Zantrik, to launch a prepaid card. It will enable customers to manage car maintenance budget by setting spending limits and through special deals on Zantrik's platform. Cardholders will...
Bangladesh International Arbitration Centre (BIAC) recently conducted a two-day training programme on workplace conflict resolution recently at its venue in Dhaka. A total of 33 participants attended the training, representing a diverse group of professionals, including managers, HR professionals, credit...
OUR CORRESPONDENT | 2024-11-11 00:00:00
CHATTOGRAM, Nov 10: Evercare Hospital Chattogram has appointed Salahuddin Mamun as the head of its branding and public relations department. Previously, he served as the Assistant General Manager of the department.Salahuddin Mamun, a seasoned professional with extensive experience in public...
The interim government plans to increase gas production by 648 million cubic feet per day by December 2025 through the installation and workover of 50 wells, reports BSS.Besides, a work plan has been set to boost production by 1,500 million...
FE REPORT | 2024-11-11 00:00:00
Envoy Textiles has decided to increase its blended yarn production capacity by 4,550 metric tons annually by investing Tk 973 million.At present, it has a production capacity of 4,200 metric tons per year."We need more blended yarn for our denim...
To enhance customer service excellence and expand accessibility to comprehensive painting solutions, Berger Paints Bangladesh Limited (BPBL) inaugurated the 'Berger Experience Zone, Bashundhara' in Dhaka on Sunday.Managing Director of Berger Paints Rupali Chowdhury; COO and Director Mohsin Habib Chowdhury; Group...
FE REPORT | 2024-11-11 00:00:00
Bangladesh Submarine Cables' profit plummeted 25 per cent year-on-year to nearly Tk 476 million in the first quarter through September of FY25, mainly due to a reduction in revenue and higher operating expenses.Earnings per share (EPS) fell to Tk 2.57...
FE REPORT | 2024-11-11 00:00:00
In a major drive to enforce compliance, the securities regulator is going tough on errant companies that failed to complete the distribution of approved cash dividends.The Bangladesh Securities and Exchange Commission (BSEC) has decided to penalize directors and managing directors...
Winter has already begun, and the number of street children in our country exceeds 5.0 million. During this season, the condition of these children becomes particularly dire. Homelessness, lack of warm clothing, and the harsh cold make them vulnerable to...
Bangladesh is at a crucial juncture in its economic growth, yet there remains a significant mismatch between the qualifications of its young workforce and the needs of the labour market. This anomaly largely contributes to the alarming rise in youth...
Neil Ray | 2024-11-11 00:00:00
A certain quarter made its opposition to theatre staged at the Shilpakala Academy known by first forcing the scheduled performance of a drama and then attacking the protest rally held on Friday. Whether their objection is to the performance of...
Syed Fattahul Alim | 2024-11-11 00:00:00
In October, food inflation rose to 12.66 per cent from 10.44 in September 2024. According to the Bangladesh Bureau of Statistics (BBS), food inflation drove up general point-to-point inflation to 10.87 per cent in October from 9.92 per cent in...
In recent years, Bangladesh has been under a rising threat of food insecurity. This concern is not merely a matter of public perception; several international rankings that measure poverty and food security, such as the Global Food Security Index, Global...
Muhammad Zamir | 2024-11-11 00:00:00
The dimensions are dissimilar. So, the goals may also appear to be different. However, the way ahead is not about the false choice between incremental or radical change. At this point, change in the context of the evolving global political...
FE REPORT | 2024-11-10 12:00:00
Bangladesh Nationalist Party (BNP) acting chairman Tarique Rahman said on Saturday that his party, if voted to power, would re-introduce the canal digging programme to supply sufficient water for irrigation in order to help produce more food, considering the country's...
FE REPORT | 2024-11-10 12:00:00
Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir said on Saturday that no reforms would be meaningful without participation of the people.He also said that reforms could be done through parliamentary system and for this reason national election...
ROUNAK MARIUM | 2024-11-10 12:00:00
As a senior software engineer at Microsoft, Mohaimen Khan, with his Bangladeshi roots, isn't just witnessing AI's tectonic impact in tech and our lives-he's driving it with two patents that redefine how people use AI. His latest patent, a breakthrough...
Sheikh Yeasin Sharif | 2024-11-10 12:00:00
Equity investing can be a remarkably rewarding journey, yet it always carries the inherent risk of market unpredictability. Time and again, it has been proven that market fluctuations-whether justified or not-are inevitable, and a market can remain depressed for years....
Irtifa Raiyan | 2024-11-10 12:00:00
On 19th August 2024, Bangladesh found herself grappling with an unprecedented flood that caused widespread devastation in the eastern regions of the country. If we take a closer look, we will see that the flood did more than just disrupting...
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