Engineer Md. Moklesur Rahman, one of the sponsor directors of SBAC Bank, was elected as the chairman of the board of directors of the bank on Monday, according to a press release. The board unanimously selected him for the post...
FE REPORT | 2024-10-01 00:00:00
The government has formed a high-powered panel to ensure the management of the Capital Market Stabilization Fund (CMSF), sources said.It has given 10 days to the panel to prepare and submit a report with a set of recommendations.The Financial Institutions...
FE REPORT | 2024-10-01 00:00:00
Beacon Pharmaceuticals will pay a 20 per cent cash dividend for the year ended in June this year, the highest since its listing on the stock exchanges in 2010.The drug maker's profit grew 2.3 per cent year-on-year to Tk 522...
FE REPORT | 2024-10-01 00:00:00
It is not the job of the securities regulator to take measures to influence the index of the secondary market, said the chief of the market watchdog.Khondoker Rashed Maqsood, chairman of the Bangladesh Securities and Exchange Commission (BSEC) said this...
PARIS, Sept 30 (Reuters): France midfielder Antoine Griezmann announced the end of his international career on Monday after being coach Didier Deschamps's most important player for a decade, during which he won a World Cup title.The 33-year-old, who struggled at...
BEIJING, Sept 30 (AP): Third-ranked Carlos Alcaraz advanced to the China Open semifinals for the second straight year after an impressive 7-5, 6-2 victory against Karen Khachanov on Monday.The 21-year-old Spaniard was characteristically relentless from the baseline and ground down...
KARACHI, Sept 30 (AFP): Pakistan captain Shan Masood on Monday backed Babar Azam to find his batting touch as his side look to end their win drought in the three-match Test series against England starting next week.Pakistan have gone winless...
South Africa have brought back Senuran Muthusamy to the Test fold for the upcoming two-match tour of Bangladesh in October, reports Cricbuzz. The all-rounder, who bowls left-arm orthodox., is part of a spin troika that includes Keshav Maharaj and Dane...
KANPUR, India, Sept 30 (Agencies): Records tumbled as India launched a batting blitz to overtake Bangladesh's first innings total of 233 in 28 overs, injecting fresh life into the rain-marred second Test in Kanpur on Monday.On a frenetic day four,...
FRANKFURT, Germany, Sept 30 (AFP): German inflation slowed in September to its lowest level since early 2021, official data showed Monday, sliding further below the European Central Bank's two-per cent target rate.The annual inflation rate in Europe's biggest economy declined...
JEDDAH, Sept 30 (Arab News): Egypt's central bank has issued treasury bills worth 50 billion Egyptian pounds ($1.06 billion) as the country seeks to manage liquidity and support government financing amid rising inflation. One tranche offers 30 billion pounds in...
The 13th Annual General Meeting (AGM) of Agrani SME Financing Company Limited, a wholly-owned non-banking financial institution of Agrani Bank PLC, was held at the bank's head office in the city on Sunday. Chairman of the company and Chief Executive...
LONDON, Sept 30 (Reuters): European carmaker Stellantis joined on Monday bigger rival Volkswagen and others in warning about the worsening outlook for auto demand and rising costs, wiping billions of euros off the sector's market value.The automakers are struggling with...
FE REPORT | 2024-10-01 00:00:00
The Dhaka North City Corporation (DNCC) has extended the deadline for renewal of trade licence fee without surcharge until November 30 in a bid to facilitate the process for the traders.The city authority has also extended the 10 per cent...
FE REPORT | 2024-10-01 00:00:00
Boishamma Birodhi Sanskar Parishad or Anti-Discrimination Reform Council on Monday called for significant reforms in the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to address what it describes as long-standing inefficiencies, political influence, and neglect of small and...
Shanta Equity, a leading player in the capital market, has earned recognition as 'Best for Equities in Bangladesh' at the prestigious Euromoney Securities Houses Awards 2024. This accolade underscores Shanta Equity's significant impact in advancing the country's capital markets and...
The 398th Board meeting of Shari'ah-based Standard Bank PLC was held at its Head Office in Dhaka on Monday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Directors Kazi Akram Uddin Ahmed, Kamal Mostafa Chowdhury,...
FE REPORT | 2024-10-01 00:00:00
The government has decided to raise the Probashi Kalyan Bank's authorised and paid-up capital to Tk 20 billion and Tk 13 billion respectively, aiming to bolster its financial base and enhance the loan disbursement capacity.The volume of the authorised capital...
Like previous years, bKash has brought attractive discount and cashback offers for online and offline shopping to make Durga Puja shopping easier, affordable and exciting for customers, says a statement. These offers can be enjoyed on bKash payment at online...
FE REPORT | 2024-10-01 00:00:00
A delegation of the Foreign Investors' Chamber of Commerce and Industry (FICCI) on Sunday met finance and commerce adviser Dr Salehuddin Ahmed and underscored necessary reforms in the financial sector.FICCI president Zaved Akhtar led the delegation at the meeting hosted...
FE REPORT | 2024-10-01 00:00:00
Bangladesh is increasing drawing attention from Saudi businessmen and investors who are keen on investing here, said Foreign Affairs Adviser Md Touhid Hossain.Leading Saudi companies like ACWA Power and SABIC are exploring opportunities in the renewable energy, logistics and infrastructure...
Australian miner BHP expects the world to consume an extra 1 million metric tons of copper per year on average until 2035 due to the adoption of copper-intensive technologies, double the annual volume growth in the past 15 years, reports...
KUALA LUMPUR, Sept 30 (Reuters): Malaysian palm oil futures ended the month with overall gains, but declined on Monday, marking the second consecutive session of losses as a stronger ringgit weighed on sentiment and traders remained cautious as palm continues...
Gold eased from its recent record high on Monday, but was still set for its biggest quarterly gain in more than eight years on the back of geopolitics and the U.S. Federal Reserve's rate cut, reports Reuters. Spot gold was...
LONDON, Sept 30 (Reuters): Britain's biggest steelworks will end production later on Monday, when the final blast furnace at Port Talbot in Wales will close after more than 100 years of steelmaking, at a cost of almost 3,000 jobs.The closure...
LONDON, Sept 30 (Reuters): Oil prices declined on Monday and were on track to fall for the third month in a row as a strong supply outlook and questions around demand outweighed fears that Israeli strikes in Lebanon and Yemen...
Far right wins Austria electionVIENNA, Sept 30: Austrian voters handed a first-ever general election victory to the far-right Freedom Party on Sunday, preliminary results showed, illustrating rising support for hard-right parties in Europe fuelled by concern over immigration levels. The...
BREST, Sept 30 (AFP): The pace at which oceans are warming has almost doubled since 2005 as global temperatures rise because of human-caused climate change, a report from the EU monitor Copernicus said Monday.The findings by the Copernicus Marine Service...
BEIRUT, Sept 30 (AFP/AP): Hezbollah's deputy leader Naim Qassem said Monday the Iran-backed group was ready to face any Israeli ground operation, warning that the battle could last a long time.In a televised address, Qassem also said Hezbollah would choose...
TOKYO, Sept 30 (BBC): A mere three days after being elected as the new leader of Japan's ruling party, incoming Prime Minister Shigeru Ishiba has announced plans for a snap election on 27 October.Ishiba, 67, replaced outgoing prime minister, Fumio...
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