Prime Minister Sheikh Hasina says she doesn't think current drives against corruption would tarnish her government's image, as the question came up during her press meet Sunday on her China tour. Talking to the journalists she reaffirmed her commitment to...
FE REPORT | 2024-07-15 00:00:00
Implementation of the proposed National Action Plan through revising labour laws for labour-sector reforms in Bangladesh is a must-do for availing GSP-Plus facility in export to the European Union market, says the EU envoy. "That's of course a work in...
BUTLER (Pennsylvania) (Reuters): Donald Trump survived a weekend assassination attempt days before he is due to accept the formal Republican presidential nomination, in an attack that will further inflame the U.S. political divide and has raised questions about the security...
SHANGHAI, July 14 (Reuters): Financial institutions snapping up Chinese government bonds are basically shorting the Chinese economy, China's central bank-backed Financial News reported on Saturday, citing what it said were the views of industry sources and experts.The report is the...
SINGAPORE, July 14 (Reuters): Saturday's shooting at US former President Donald Trump's election rally raises his odds of winning back the White House, and trades betting on his victory will increase this coming week, investors said on Sunday.Trump was shot...
NEW YORK, July 14 (Reuters): Looming US interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market...
MUMBAI, July 14 (Reuters): Indian banks are set to raise around 400 billion rupees ($4.79 billion) through infrastructure bonds in July and August, potentially setting a record for the second consecutive year, according to five merchant bankers on Friday.If successful,...
Bashundhara Cement, in association with the company's dealer M/s Arafat Trading at Kerinaganj, organised a business conference at a local party centre on Sunday. M Jahid Uddin, Deputy Managing Director, Cement Sector, Bashundhara Group, was present as the chief guest.
Meritorious children of the officers and employees of LGED Kalyan Samabay Samiti Ltd (LKSS) were accorded a reception at Local Government Engineering Department (LGED) headquarters in Dhaka on Saturday. The children, who obtained GPA-5 in SSC, HSC and equivalent examinations...
The Branch Managers' Conference of Janata Bank PLC was held in Madaripur on Saturday. The bank's MD and CEO Md Abdul Jabbar was present as the chief guest. General Manager of Barishal and Faridpur Divisional offices Mohammad Ali presided over...
Social Islami Bank arranged a daylong Half Yearly Business Conference at the bank's head office on Friday. Zafar Alam, Managing Director & CEO of the bank, was present as the chief guest and inaugurated the conference. Mohammad Forkanullah, Deputy Managing...
Sonali Bank PLC organised a workshop with focal point and alternative focal point of citizen's charter under the Financial Institutions Division (FID), Ministry of Finance. The workshop was held at the head office of the bank on Sunday. Chief Executive...
FE REPORT | 2024-07-15 00:00:00
Uttara Bank gained a 108 per cent year-on-year growth in profit to Tk 1.37 billion in the second quarter of FY24, according to its unaudited financial report published on Sunday. In the first six months of FY24, the lender earned...
DOULOT AKTER MALA | 2024-07-15 00:00:00
A revised protocol of the double taxation avoidance treaty between Bangladesh and Mauritius is set to check the scope of fiscal evasion with respect to taxes on income.Both the countries signed the protocol on February 5, 2024 and April 9,...
M Amanullah, Sponsor-Director of Mercantile Bank, has been elected as chairman of Mercantile Exchange House (UK) Limited at the MBL's 443rd Board Meeting held recently, says a press release. He was the former chairman of the bank and contributed significantly...
ServicEngine Limited, the first business process outsourcing company in Bangladesh, won the 'National Export Trophy' for the tenth consecutive time for financial year 2021-22. Prime Minister Sheikh Hasina handed over the award to ASM Mohiuddin Monem, Chairman of ServicEngine Limited...
Prime Bank PLC has signed a $90 million term loan agreement with the International Finance Corporation (IFC) -- a member of the World Bank Group -- to support export and import-based micro, small, and medium-sized enterprises (MSMEs) in Bangladesh, said...
FE REPORT | 2024-07-15 00:00:00
The central bank has frozen bank accounts of SK Trims on recommendation of the Anti-Corruption Commission (ACC) as part of an investigation into illegal means of wealth accumulation by former revenue official Md Matiur Rahman.Officials of SK Trims said they...
JPMorgan Chase beat estimates for second-quarter profit on Friday as a resurgence in dealmaking and strong capital markets fueled record results, reports Reuters.More companies are seeking to raise funds through debt or equity offerings and striking takeover deals as they...
LONDON, July 14 (Reuters): Asian spot liquefied natural gas (LNG) prices fell slightly last week, tracking European gas prices, amid muted Chinese demand but they remained above $12.00 for the eighth week running.The average LNG price for August delivery into...
Bengal Commercial Bank (BGCB) organised its Half Yearly Business Review Meeting at the bank's head office in Gulshan, Dhaka, on Thursday. Md. Jashim Uddin, Chairman of the bank and President of SAARC Chamber of Commerce & Industry (SCCI), and Tarik...
EXIM Bank organised Half Yearly Business Development Conference 2024 on Friday. Chairman of the bank Md. Nazrul Islam Mazumder was present as the chief guest while Managing Director and CEO Mohammad Feroz Hossain presided over the conference at Exim Bank...
PRAN-RFL Group won seven National Export Trophies, including three Gold, for its outstanding contribution to the export segment for FY 2021-22. Prime Minister Sheikh Hasina handed over the awards to PRAN-RFL Group at an award ceremony held at Osmani Memorial...
MONIRA MUNNI | 2024-07-15 00:00:00
Bangladesh and Vietnam are expected to experience the fastest growth in cotton consumption and trade in the next decade as their capacities are projected to witness significant growth due to competitive labour and production costs, according to a global outlook.The...
MILAN, July 14 (Reuters): Italy's gas grid group Snam said on Friday it expected a new liquefied natural gas (LNG) terminal to become operational by March 2025, allowing the country to diversify further its energy supplies.The floating terminal in the...
HANOI, July 14 (Reuters): Vietnam's national power grid operator EVN plans to buy excess power generated by solar panels on homes and offices to feed into its own supply, state media reported on Friday.Deputy Prime Minister Tran Hong Ha has...
BRUSSELS, July 14 (Reuters): The European Union will pressure other countries at this year's COP29 climate summit to follow through on their pledge to transition away from fossil fuels, a draft of the bloc's negotiating position seen by Reuters showed.This...
Dubai crown prince named UAE defence ministerDUBAI, July 14: Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum on Sunday announced he appointed his son, the emirate's crown prince, as defence minister of the United Arab Emirates in a cabinet reshuffle. "Sheikh...
KATHMANDU, July 14 (AFP): Tough-talking Nepali leader Khadga Prasad Sharma Oli has spent a lifetime in communist politics, becoming prime minister for a fourth time Sunday in the Himalayan republic's revolving-door leadership.The often outspoken 72-year-old, head of the Communist Party...
REHOBOTH BEACH, July 14 (Reuters): US President Joe Biden called for an end to political violence after Republican challenger Donald Trump was shot in the right ear during a rally on Saturday, and Biden's campaign suspended all political communication, including...
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