Nilratan Halder | 2024-05-11 00:00:00
To say it was magical is an understatement. But when the rain came after the longest spell of blistering heat on record pushing the mercury down, it was unbelievable. No, the heavenly blessing did not soak parching Dhaka city all...
Kazi Tanvir Mahmud and Shejuti Haque | 2024-05-11 00:00:00
The fisheries sector holds significant importance in the economic advancement of Bangladesh, contributing substantially to the reduction of rural poverty and inequality. The contribution of the fisheries sector to the country's Gross Domestic Product (GDP) GDP is about 3.57 per...
There was a time when students used to begin the academic presentation with a predictable formal note. You know where to start and where to end. Imagine it is becoming fun! During the presentation, a student simply shows an image...
Bangladesh's garment industry is an apparel production powerhouse; but it has long been struggling with a pressing issue: how to protect workers' rights and safety without sacrificing its ability to compete economically. Millions of people, mainly women, are employed in...
Tanim Asjad | 2024-05-11 00:00:00
The country's central bank has restricted the entry of journalists into its premises. Officially, there is no bar, but the procedures that are now in place amount to gross restrictions. A special entry pass has been introduced for journalists to...
Consumer price index, inflation rate, GDP growth, unemployment rate, etc., are vital indicators of the performance of an economy. But these indicators could be misleading, if they are based on faulty data. So, ensuring accurate data, or for that matter,...
BENGALURU, May 9 (Reuters): Inflows into India's equity mutual funds moderated in April, while net assets under management (AUM) surpassed 57 trillion rupees for the first time ever during the month.After taking nearly five decades to build the first 10...
SHENZHEN/SHANGHAI, May 09 (Reuters): Huawei's latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making towards technology self-sufficiency.Online tech repair...
MELBOURNE/TOKYO, May 09 (Reuters): Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a takeover of Anglo American.Australia is the world's biggest...
LONDON, May 09 (AFP): The Bank of England (BoE) on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the country looks set to exit...
Bangladesh Krishi Bank (BKB) announced the approval of its Financial Statements for the fiscal year 2022-23 by the board of directors during the bank's 856th board meeting held on Wednesday. BKB chairman Md Nasiruzzaman, all directors Managing Director Md Shawkat...
The 28th Lalpur Bazar sub-branch of Rupali Bank PLC was opened in Natore on Thursday. Rupali Bank Chairman Kazi Sanaul Haque inaugurated the branch as the chief guest while its Managing Director and CEO Mohammad Jahangir presided over the function.
A workshop on E-Governance and Innovation Action-Plan organised by Janata Bank PLC was held in the city's Purbachal area on Wednesday. Janata Bank Deputy Managing Director Md Golam Mortuza was present at the workshop as the special guest while Innovation...
FE REPORT | 2024-05-10 00:00:00
The initial public offering (IPO) subscription of Techno Drugs is set to open June 9, aiming to raise Tk 1 billion from public investors under the book-building method.The IPO subscription of the company will continue until June 13, according to...
FE REPORT | 2024-05-10 00:00:00
Stocks extended the losing streak on Thursday as investor sentiment was affected by potential interest rate hikes in the money market following the latest increase in the policy rate.The latest policy rate hike by a further 50 basis points amid...
Unilever Bangladesh (UBL), the country's leading Fast Moving Consumer Goods (FMCG) company, and the Global Alliance for Improved Nutrition (GAIN) are collaborating on a pilot project aimed at enhancing the environmental sustainability and public health of Bangladesh's urban areas titled...
Ambassador of Germany to Bangladesh Achim Troster (7th from the right) met with ICC Bangladesh President Mahbubur Rahman (5th from the left) and several members of the executive board at the ICCB Secretariat in Dhaka's Gulshan on Thursday. They discussed...
FARHAN FARDAUS | 2024-05-10 00:00:00
Flexible exchange rate and market-driven interest rate that the Bangladesh Bank has adopted to help the economy heal brings no good news for the stock market for now but there is light at the end of the tunnel. If the...
MANILA, May 09 (AFP): The Philippine economy grew slightly less than expected in the first three months of the year, data showed Thursday, owing to persistent inflation and a widespread drought.The 5.7 per cent expansion in January-March was well down...
BEIJING, May 9 (AFP): Chinese exports returned to growth last month while imports smashed expectations, data showed Thursday, providing a much-needed boost to the country's leadership as it tries to steer the economy out of a long-running slump.Overseas shipments expanded...
Prime Minister's Energy Advisor Dr Tawfiq-e-Elahi Chowdhury has said all the economic challenges that the country has been facing came from other countries, reports UNB."The foreign countries are responsible for every problem and we're the victims. All the problems including...
Council members of the Institute of Chartered Secretaries of Bangladesh (ICSB) led by its president Mohammad Asad Ullah called on Prof Shibli Rubayat-Ul-Islam, Chairman of Bangladesh Securities and Exchange Commission (BSEC), at the latter's office at Sher-E-Bangla Nagar in the...
Al-Arafah Islami Bank PLC. opened at 'Hajj Booth' to provide services to Hajj pilgrims at Ashkona Hajj Camp in Dhaka on Thursday. Managing Director and CEO of the bank Farman R. Chowdhury inaugurated the booth as the chief guest. Presided...
Mutual Trust Bank PLC (MTB) and Dvive Financial Services Ltd marked a significant milestone with signing of a Remittance Disbursement Agreement for Wage Earners at the MTB Centre in the city recently, says a press release. Md. Shafquat Hossain, Deputy...
Shahjalal Islami Bank PLC. celebrated its 23rd anniversary at a function on Thursday. Vice-Chairman of the Board of Directors of the bank Mohammed Younus was present as the chief guest on the occasion while Vice-Chairman Mohiuddin Ahmed, Directors Md. Sanaullah...
FE REPORT | 2024-05-10 00:00:00
Women's digital literacy is crucial for tapping opportunities in the coming days, experts at a seminar Thursday observed.They also put emphasis on involvement of women in AI management to prevent gender bias in algorithms.They were speaking at a seminar titled...
The amount of deposits in NRBC Bank increased by nearly 17 per cent at the end of March 2024. Moreover, compared to the same period last year, the Net Asset Value (NAV) per share of the bank also increased. This...
FE REPORT | 2024-05-10 00:00:00
The government honoured as many as 184 businesspersons with CIP (commercially important person) status for the year 2022 at a ceremony on Thursday.The commerce ministry and the Export Promotion Bureau (EPB) jointly organized the programme at a city hotel.State Minister...
MUMBAI, May 09 (AFP): Air India's budget carrier subsidiary cancelled 85 flights on Thursday, a day after its operations were severely disrupted by dozens of cabin crew calling in sick at the last minute.The airline was taken over by Indian...
BEIJING, May 9 (AFP): China has released draft guidelines aimed at reining in the country's lithium battery industry, which has been in Western crosshairs over fears subsidised overproduction could flood global markets with cut-price exports.Lithium-ion batteries are a form of...
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