CALI, Colombia, Oct 24 (AFP): The Colombian host and president of the UN's COP16 biodiversity summit said Wednesday she expected "major announcements" soon regarding negotiations to increase funding and political commitment against the destruction of nature.The 16th Conference of the...
NEW YORK, Oct 24 (AFP): Boeing reported a whopping $6.2 billion quarterly loss Wednesday as a nearly six-week labour strike weighed on its commercial plane division and costly problems dragged down its defense and space business.The embattled aviation giant, which...
PARIS, Oct 24 (Reuters): Euronext wheat fell on Thursday as a steadying euro and brisk shipments of Russian wheat weighed on export sentiment, tempering concern about Russian government intervention in wheat trade.December wheat BL2Z4, the most active position on Paris-based...
Sir Tim Clark | 2024-10-25 00:00:00
The Emirates Group, under the leadership of His Highness Sheikh Ahmed bin Saeed Al Maktoum, is without a doubt one of the most successful aviation entities on the planet. Emirates is the world's largest and most profitable all-international airline, and...
Rana Islam, a motor worker in Dinajpur Sadar, won Tk 2 million in Walton's 'Digital Campaign Season-21' as part of its Double Million offer. He qualified for the award after purchasing a Walton brand refrigerator recently. Walton Plaza Managing Director...
Social Islami Bank's Kakrail Branch inaugurated an 'Account Opening Campaign and Tree Plantation' programme at Habibullah Bahar University College in Dhaka on Thursday. The bank will observe this event from October 24-28, marking the International Day against Climate Change. Md....
Just like government employees, bank officials and staff in the four city corporations of Bangladesh are now required to submit their tax returns online, reports UNB.The Banking Regulations and Policy Department of Bangladesh Bank gave the instruction on Wednesday.Referring to...
FE REPORT | 2024-10-25 00:00:00
Bangladesh needs to take necessary preparation to qualify for the EU GSP plus scheme, a senior German diplomat has said.Ambassador Erik Kurzweil, the Commissioner for Indo-Pacific, South Asia and Afghanistan of the German Federal Foreign Office, visited Dhaka on an...
ISMAIL HOSSAIN | 2024-10-25 00:00:00
Starlink, SpaceX's satellite-based internet service, is poised to enter Bangladesh, which could significantly transform the country's digital landscape.To allow the satellite internet service, the Bangladesh Telecommunication Regulatory Commission (BTRC) is drafting guidelines, aiming to bridge the connectivity gap in remote...
KUALA LUMPUR, Oct 24 (Reuters): Malaysian palm oil jumped more than 2% on Thursday, supported by expectations of palm production declines and lower national stockpiles.The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 116...
NEW YORK, Oct 24( AFP): The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone-maker's credit card.Customer service breakdowns and misrepresentations affected hundreds of thousands of users...
LONDON/PARIS, Oct 24 (Reuters): Consumer goods groups Unilever and Danone beat third-quarter sales estimates on Thursday as they slowed price hikes and invested in innovations to win back shoppers who had turned to cheaper brands during a surge in inflation.The...
The 14th outlet of Puro Pastry & Bakery was inaugurated at Waz Uddin Tower at Hatirpool in Dhaka on Thursday. Vice Chairman of Eon Group of Industries Major ABA Mesbah Ud Dowlah (Rtd.) was present as the chief guest at...
The 3rd meeting of the Risk Management Committee of Takaful Islami Insurance Limited was held at Dhanmondi in Dhaka recently. Chairman of the Risk Management Committee Md Humayun Kabir Patwary presided over the meeting attended by Tahmina Afroz, Md Abul...
The 884th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by Akkas Uddin Mollah, the Chairman of Executive...
The 20th 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. Board members Maulana Sayed Kamaluddin Abdullah Zafree, Dr. M Mahabbat...
The Power Division seeks the reinstatement of tax exemption benefits for private investors in the renewable energy sector, particularly those investing in solar power projects, reports UNB.According to official sources, the Power Division has formally urged the National Board of...
SAN FRANCISCO, Oct 24 (Reuters): Tesla's stock jumped nearly 12 per cent before the bell on Thursday, a day after it forecast surging car sales growth, reassuring investors that CEO Elon Musk was still looking to expand the core business...
DUBAI, Oct 24 (Reuters): Abu Dhabi is emerging from Dubai's shadow as it attracts its own share of asset managers' and billionaires wealth, helping cement United Arab Emirates' role as an alternative to global financial hubs.Lacking rich oil reserves, Dubai...
Pubali Bank has been recognised as the Best Financial Institution at the 22nd DHL-The Daily Star Bangladesh Business Awards. The bank recently celebrated the achievement through a ceremony led by Monzurur Rahman, the chairman of the bank's board of directors....
DHAKA, Oct 24: BRAC Bank recently partnered with the Bangladesh Business and Disability Network (BBDN) to create opportunities for persons with disabilities through 'Aporajeyo Ami', the bank's flagship corporate social responsibility initiative dedicated to health.The agreement enables BRAC Bank to...
FE REPORT | 2024-10-25 00:00:00
Top merchant bankers and portfolio managers have urged the securities regulator to amend the IPO (initial public offering) valuation process to encourage listing of good companies.Companies with strong fundamentals usually go public, using the book building method to set the...
FE REPORT | 2024-10-25 00:00:00
Berger Paints secured a 21 per cent year-on-year growth in profit to Tk 566 million in the second quarter (Q2) through September this year, driven by higher sales.The consolidated earnings per share (EPS) of the multinational company, which follows the...
RAWALPINDI, Pakistan, Oct 24 (AFP): England fought back to reduce Pakistan to 73-3 at close on the opening day of the series-deciding third Test in Rawalpindi on Thursday, with home spinner Sajid Khan grabbing six wickets.Sajid finished with 6-128 and...
Deputy Managing Director of Meghna Bank PLC Kimiwa Saddat hands over a sponsorship cheque to Director and Head of Marketing of Bangladesh Cricket Board Fahim Sinha at a programme in the city recently. Head of Brand, Marketing & Communications of...
Ahead of the opening Test against South Africa, Bangladesh skipper Najmul Hossain had insisted that he was hoping that Mehidy Hasan Miraz would fill the void of Shakib Al Hasan in the coming days, reports Cricbuzz.In 2024, Mehedy is already...
SouthAfrica cruised to a seven-wicket win over Bangladesh in the first Test on Thursday with fast bowler Kagiso Rabada the star of the show in Mirpur, report agencies.Rabada took 6-46 as Bangladesh went from 283-7 overnight to 307 all out,...
Rice export rates dipped across major Asian hubs this week after India abolished export duty on the staple and raised fears of over-supplying the market, pushing rates in the top exporter and in Vietnam to their lowest levels in more...
Gold prices firmed on Thursday as the bullion remained in demand in the face of ongoing geopolitical risks, while palladium jumped 8 per cent to a near 10-month peak on fears of supply sanctions on top-producer Russia, reports Reuters.Spot gold...
PARIS/SINGAPORE, Oct 24 (Reuters): Chicago soybean and corn futures rose for a fourth consecutive session on Thursday as a wave of export sales offset supply pressure from a rapid US harvest and improved planting weather in South America.Wheat edged up,...
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