LONDON, June 3 (AFP): Shein, the Chinese-founded online fashion giant, is set to file in the coming days with regulators over a potential London stock market listing, UK media reported Monday.A float, which could value Shein at £50 billion ($64...
MUMBAI/SINGAPORE, June 3 (Reuters): Indian shares hit lifetime highs while the rupee gained and bond yields dropped with investor sentiment buoyed by expectations of sustained economic growth after exit polls indicated a decisive mandate and a third term for Prime...
STOCKHOLM, June 03 (AFP): Microsoft said Monday it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, its biggest investment in the country.The group will train 250,000 people by 2027 to...
A training programme on Bancassurance was conducted by the Bangladesh Insurance Academy at its office in Dhaka. The three-day training was especially arranged for the officials of Midland Bank. The closing ceremony of the training programme was held on Thursday,...
Md. Abul Hashem, Deputy Managing Director of Uttara Bank PLC, inaugurated the new premises of Halishahar Branch in Chattogram (Tamizur Rahman Plaza, Halishahar Road, Pahartali) and Reazuddin Bazar Branch (Karnophuli Tower, Jebunnesa Road (Faler Gali), Chattogram) on Sunday. Deputy Managing...
Rupali Bank opened its 31st sub-branch at Kewatkhali under Thanaghat Branch in Mymensingh Sadar to provide modern banking services. The bank's Managing Director & CEO Mohammad Jahangir inaugurated the sub-branch virtually on Monday. Acting Vice Chancellor of Bangladesh Agricultural University...
After completion of 25 years of glorious journey, Standard Bank PLC has stepped into the 26th year on Monday. On this occasion, a doa programme was held at the Board room of the bank's head office in Dhaka. Kazi Akram...
Standard Chartered Bangladesh has appointed Lutful Habib as Managing Director and Head of Wealth and Retail Banking. In this role, Habib will be responsible for leading the bank's Wealth and Retail Banking division. His appointment has been effective from June...
The 52nd Meeting of the Board of Directors of the Asian Clearing Union (ACU) was held at in Dhaka on May 30.Governor of Bangladesh Bank Abdur Rouf Talukder, the newly elected Chairman of the ACU for 2024, presided over the...
FE REPORT | 2024-06-04 00:00:00
China is planning to import mangoes from Bangladesh this year, Chinese Ambassador in Dhaka Mr Yao Wen said on Monday.Addressing a programme in the city, the envoy also said that talks are underway for launching direct flights between Dhaka and...
Syed Mansur Mustafa has been appointed as managing director of IFIC Bank.Prior to this appointment, he served as deputy managing director (DMD) & head of international division, chief credit officer, chief risk officer and chief anti-money laundering compliance officer (CAMLCO)...
The 25th annual general meeting (AGM) of Mutual Trust Bank was held on June 03, virtually. MTB Chairman Md. Abdul Malek presided over the meeting where the bank's board recommended 10 per cent cash divideds. MTB Vice Chairman & Founding...
FE REPORT | 2024-06-04 00:00:00
Loss-making companies kept their dominance on the Dhaka Stock Exchange's (DSE) chart of top gainers on Monday, while good performers witnessed no or very insignificant appreciation on the bourse. Seven out of the top 10 gainers have been in the...
Leaders of Bangladesh Insurance Association (BIA) led by its President Sheikh Kabir Hossain, executive committee members -- Mr Mahbubur Rahman, chairman of Eastland Insurance Company, and Mr Nizam Uddin Ahmed, chairman of Meghna Life Insurance Company, -- met Finance Minister...
FE REPORT | 2024-06-04 00:00:00
The state-owned Titas Gas Transmission & Distribution Company's fixed assets climbed more than five times to Tk 48.63 billion after a revaluation of its property, plant and equipment, done for the first time in six decades.A significant jump in the...
LONDON, June 3 (Reuters): Oil prices edged lower on Monday as investors digested the complex deal brokered by producer group OPEC+ to extend various layers of output cuts, much of them into 2025.Brent crude futures for August delivery were down...
Uttara Motors, the sole importer, manufacturer, and distributor of SML ISUZU commercial vehicles in Bangladesh, has launched two new models, namely SML ISUZU Executive LX AC Bus and S7 Non-AC Bus, for local market. Sheikh Md. Mahbub-E-Rabbani, Director (Road Safety),...
AB Bank has recently relocated its Momin Road Branch to CDPL-JM Levante, Jamal Khan Road, Chattogram. Tarique Afzal, Managing Director of AB Bank, formally inaugurated the new premises with all modern banking facilities. Officials of the bank were present on...
Jamuna Bank PLC steps into its 24th year, celebrating its commitment to modern and innovative banking services, risk-free investments, and economic stability. The anniversary was marked with a grand ceremony at the bank's corporate office on Monday. On this occasion,...
TAIPEI, June 03 (AFP): AMD on Monday announced its new artificial intelligence chips for everything from cutting-edge data centres to advanced laptops, ramping up its challenge to the runaway market leader Nvidia.Demand has exploded in the past two years for...
The Bangladesh Bank has granted the final licence to Nagad Digital Bank PLC, paving the way for commencing its operations as the country's first full-fledged digital bank. Mohammad Shahriar Siddiqui, director (BRPD) of Bangladesh Bank, handed over the copy of...
FE REPORT | 2024-06-04 00:00:00
Bangladesh Jeweller's Association (Bajus) revealed Monday that gold and diamond valued at Tk 2.5 billion are being smuggled into Bangladesh daily. Bajus disclosed this during a pre-budget press conference at their office in Dhaka's Bashundhara City Shopping Complex.The association also...
JASHORE, June 03 (UNB): A 38-year-old woman died in police custody at Abhaynagar upazila in Jashore district on Sunday.Deceased Afroza Begum's family claimed she was tortured and killed after being falsely implicated.Afroza was the wife of Jalil Molla from North...
CHATTOGRAM, June 03 (UNB): A 15-year-old schoolboy who was beaten allegedly by his neighbours in Boalkhali upazila of Chattogram died at CMCH on Sunday night.The deceased was identified as Md. Arif, a tenth grader, and son of Md. Zakir Hossain...
OUR CORRESPONDENT | 2024-06-04 00:00:00
SYLHET, June 03: Incessant rainfall on Sunday night and next morning caused inundation in Sylhet city and adjoining areas inflicting untold sufferings on the local residents. The downpour left a significant number of dwelling houses and the MAG Osmani Medical...
Narayanganj, a well-known historic city and district within the Dhaka division, is rich in trade, industry, history, and legacy. Known as the "Dundee of the East", Narayanganj is situated on the banks of the Shitalakshya River. This district lies southeast...
Let's walk with them. Who are they? They are the softest part of our society. They are beautiful, fragrant, and soft like flowers. They spread serenity and the fragrance of life. If we extend a helping hand to them, they...
Syed Fattahul Alim | 2024-06-04 00:00:00
How much devastation cyclone Remal has caused to life and property in Bangladesh will take some more time before it is fully comprehended and estimated. So far, as could be learnt, around 4.59 million people have been affected and some...
Zahid Huq | 2024-06-04 00:00:00
Last Friday, the outgoing passenger terminal of the Hazrat Shahjalal International Airport had turned into a sea of Malaysia-bound jobseekers. Hundreds of them carrying valid visas and no-objection certificates from appropriate government authorities thronged the airport but failed to fly...
While addressing the 2nd Dhaka Renewable Energy Financing Talk organised by Change Initiative at a venue in the city, Saber Hossain Chowdhury, Environment, Forest and Climate Change Minister, claimed that if the country's irrigation pumps can shift to solar power...
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