Despite a normal flow in the country's major rivers, the Bangladesh Meteorological Department, or BMD, has warned of short-term flood situations in some parts of the nation's northern, northeastern and southeastern hilly basins owing to heavy rains in October, reports...
The Khagrachhari district administration has imposed Section 144 amid tensions between Bengalis and hill peoples after a schoolteacher was beaten to death, reports bdnews24.com.A teacher from Khagrachhari Government Technical School and College was beaten to death, Khagrachhari Deputy Commissioner Md...
FE REPORT | 2024-10-02 00:00:00
Germany plans to provide 600 million euros to Bangladesh in development aid under its agenda on climate development, German Ambassador Achim Tröster said Tuesday and also spoke about trade facilities on the European market.This forthcoming amount will be in addition...
FE REPORT | 2024-10-02 00:00:00
The overall labour situation in Ashulia and Gazipur industrial belts improved on Tuesday as most of garment factories, except a few, reopened with workers joining the workplace.Workers of some factories, however, blocked two highways due to non-payment of wages and...
FE REPORT | 2024-10-02 00:00:00
The Anti-Corruption Commission (ACC) has sent 71 letters to various foreign entities and authorities, seeking their cooperation in tracing and repatriating money laundered abroad.Md Akhtar Hossain, director general of the watchdog, revealed the information at a meeting between ACC officials...
JUBAIR HASAN | 2024-10-02 00:00:00
A rebound in remittance brought Bangladesh US$2.40 billion in September, accounting for a hope-raising second-highest monthly inflow in 39 months. The upturn in remittance earnings provides much-needed respite for the economy facing multiple macroeconomic strains in recent times amid a...
FE REPORT | 2024-10-02 00:00:00
A much-hyped meeting between the head of interim government of Bangladesh, Dr Muhammad Yunus, and Indian Prime Minister Narendra Modi may take place on the sidelines of BIMSTEC summit scheduled for November.Foreign adviser Md Touhid Hossain made the comment Tuesday...
Shares of Indian non-bank gold lenders Manappuram Finance and Muthoot Finance dropped 2.9 per cent and 3.6 per cent early on Tuesday due to growth concerns, a day after the central bank found "several irregular practices" in the industry, reports...
LONDON, Oct 1 (Reuters): Global investors are preparing to stake bets on China again, in a major sentiment shift sparked by Beijing's drive to reverse its economic slowdown and revive long term interest in its stock markets.It is early days...
The 940th Board Meeting of Agrani Bank PLC was held at the boardroom of the bank's head office in Dhaka on Tuesday. Chairman of the bank Syed Abu Naser Bukhtear Ahmed presided over the meeting. At the beginning of the...
With the theme: 'ICB comes to the aid in times of crisis in the capital market', the Investment Corporation of Bangladesh (ICB) celebrated its 48th founding anniversary on Tuesday. On the occasion, a cake-cutting ceremony, doa and milad mahfil was...
Southeast Bank PLC recently conducted a daylong comprehensive workshop covering retail product knowledge, credit assessment tools, and marketing strategies. The event was organised for 59 Associate Relationship Officers at the bank's training institute. Nuruddin Md. Sadeque Hossain, Managing Director of...
FE REPORT | 2024-10-02 00:00:00
Capital market stakeholders have urged the securities regulator to avoid making policies that favour any vested interests or influential individuals, in order to protect the overall capital market and the interests of investors.The call came at a view-exchange meeting organised...
FE REPORT | 2024-10-02 00:00:00
The stock market regulator has decided to scrutinise the utilisation of proceeds from initial public offerings (IPOs) and repeat public offerings (RPOs) issued by nine companies, to see whether the funds are being used properly.The decision was taken at a...
FE REPORT | 2024-10-02 00:00:00
The securities regulator has imposed an aggregate penalty of Tk 4.28 billion on five companies and four individuals for manipulating the share price of Beximco in violation of regulations.Most of the offenders have been fined twice for manipulating the company's...
The 26th Annual General Meeting of Union Capital Limited was held on Monday at Gulshan Shooting Club, Gulshan-1, Dhaka through hybrid (physicals presence and virtual) mode. Chairman and Independent Director of Union Capital Limited Munshi Shafiul Haque presided over the...
The 83rd meeting of Shari'ah Supervisory Committee of Shahjalal Islami Bank PLC (SJIBPLC) was held on Monday at the Corporate Head Office of the Bank. The Chairman of Shari'ah Supervisory Committee of Shahjalal Islami Bank PLC Hazrat Maulana Mufti Shahed...
Social Islami Bank Limited (SIBL) Securities Ltd held its 59th board meeting at the bank's head office in Dhaka on Sunday. Md. Morshed Alam Khondoker, Director of the bank & Chairman of SIBL Securities, presided over the meeting. Director of...
Prime Bank PLC, a leading financial institution committed to innovation and customer-focused solutions, has opened its sub-branch at Prime Tower in Nikunja, Dhaka. "We are excited to open our doors in Nikunja as part of our broader strategy to bring...
The International Monetary Fund (IMF) has praised Bangladesh's measures, taken by the interim government, to overcome economic challenges due to the recent turbulence and major floods."In response to the challenging circumstances, the authorities' efforts to initiate adjustments, including continued monetary...
Eastern Bank PLC. (EBL), a leading private commercial bank in Bangladesh, and the Embassy of the Federal Republic of Germany, have entered into a partnership to collaborate on the 'EBL Climate Change Action Award' with the common goal of promoting...
A discussion was held recently at the Bangladesh International Arbitration Centre (BIAC), bringing together key stakeholders, including senior officials from various banks, legal experts, and financial analysts. The discussion centred on the implications of Bangladesh Bank's BRPD Circular No. 11,...
FE REPORT | 2024-10-02 00:00:00
The computer and ICT sector is suffering from customs policy-related anomalies in releasing their import consignments of components, industry insiders alleged, seeking government intervention to remove the complexities."We hope the present government will take proper action to resolve our problems,"...
The Convening Committee of Dhaka WASA Contractors Association was formed at a meeting on Wednesday at Jatiya Sahitya Kendra Auditorium.Md. Awlad Hossain has been made its convener.Other members of the committee are:Joint convener: Md. Saifur Rahman Babul, engineer. Chadekur Rahman,...
Alliance Finance PLC (AFPLC), a joint venture finance company with foreign collaboration, convened its sixth Board Meeting of this year at its head office in the city recently through hybrid mode. Members of the Board joined the meeting from Sri...
ISLAMABAD, Oct 1 (Reuters): Pakistan's annual consumer price inflation slowed to 6.9 per cent in September, data showed on Tuesday, the lowest in more than three years, as the government seeks to implement IMF conditions that many households fear will...
Gold prices jumped 1 per cent on Tuesday as safe-haven demand spurred by an escalation in the Middle East conflict, along with lower US bond yields pushed back prices near last week's record highs, reports Reuters.Spot gold was up 1.1...
Starcom Bangladesh enters into an agreement with Grameen Healthcare Digital Solutions for managing 360-degree marketing services, says a statement. Grameen Digital Healthcare Solutions is a social business focused on improving healthcare in Bangladesh for low-income and underprivileged people. Starcom Bangladesh...
Oil prices edged lower on Tuesday as a stronger supply outlook and tepid global demand growth outweighed fears over escalating conflict in the Middle East and its impact on crude exports from the region, reports Reuters.Brent crude futures for December...
Two persons were killed in separate road accidents in Madaripur and Gaibandha districts on Tuesday, reports BSS.In Madaripur, an elderly man was killed in a road accident after being hit by an ambulance in Thantali area of Madaripur municipality on...
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