PARIS, June 1 (Reuters): Airbus is facing new pressure on its planned production ramp-up for passenger jets as the world's largest planemaker struggles to overcome continued parts and labour shortages, industry sources said on Thursday.It was not immediately clear whether...
US Steel Corp and Japan's Nippon Steel have received all regulatory approvals outside of the United States for their proposed $14.9 billion merger, the companies said on Thursday, reports Reuters.Nippon had clinched the deal to buy US Steel last December,...
LAUNCESTON, Australia, June 1 (Reuters): Asia's imports of crude oil rose to the highest in 12 months in May, with the strength being driven by India as the region's second-biggest buyer is on track to see record arrivals.The world's top...
Bangladesh Industrial Technical Assistance Centre (BITAC) held a workshop titled 'Enhancing the capacity of irrigation pumps using impellers made with 3D printing technology' at its Bogura centre on Saturday. The workshop is aimed at introducing this technology to local pump...
A view-exchange meeting was held with the Branch Managers, Operations Managers and in-charges of sub-branches of National Bank Limited's Khulna region on Saturday. The meeting was held at Sheikh Hasina Software Technology Park in Jashore. Khalilur Rahman, Chairman of the...
Retail chain 'Daily Shopping' has launched a new outlet in Siddhirganj, Narayanganj, recently. The outlet is now open for customers at Bhumi Polli on Adamjee EPZ road in Siddhirganj. Firoz Alam, Deputy General Manager (Operation) of Daily Sopping, Omar Faruk,...
Citizens Bank PLC has recently signed a participatory agreement with Bangladesh Bank for availing pre-finance facility under the Credit Guarantee Scheme (CGS) launched by Bangladesh Bank with allocated fund to the extent of Tk 250 billion for the CMSME segment....
The Financial Integrity and Customer Services Department (FICSD) of Bangladesh Bank inaugurated the Customer Awareness Week-2024 for Rajshahi region, supported by Islami Bank Bangladesh PLC, in Chapainawabganj on Saturday. The Customer Awareness Week with the theme 'Build awareness for financial...
'Meril Baby Adore Gora Bhobissot 2023' concluded with a grand award ceremony at a city hotel recently. Five winners of the programme, organised by Meril Baby, a brand under Square Toiletries Limited, received a scholarship of Tk 100,000 each, says...
FE REPORT | 2024-06-02 00:00:00
Mohammad Shahriar, managing director of Adzi Trims Ltd, has been elected president of Bangladesh Garments Accessories & Packaging Manufacturers & Exporters Association (BGAPMEA) for the next two years.Also, Mohammad Shahidullah Chowdhury was elected First Vice President and Md Maniruzzaman Molla...
FE REPORT | 2024-06-02 00:00:00
Bangladesh Dairy Farmers Association (BDFA) has demanded of the authorities concerned to impose higher duties on imported powdered milk to protect the interest of local farmers.It also urged them to stop cattle smuggling ahead of the upcoming Eid-ul-Azha and sought...
FE REPORT | 2024-06-02 00:00:00
Bangladesh Garment Workers' Solidarity (BGWS) on Saturday demanded wage and festival allowance payment by June 10 ahead of Eid-ul-Azha.The rights group made the demand at a gathering in front of National Press Club. BGWS president Taslima Akhter alleged that though...
FE REPORT | 2024-06-02 00:00:00
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has called for several government measures to help the industry reach its $100 billion export target by 2030. The measures include a reduction in source tax to 0.50 per cent, continuation of...
Saied Mahmud Zubayer, head of issue marketing, promotion and debt market development, Dhaka Stock Exchange, has been appointed as a member of the Global Council of CGIA Institute, USA for three years.The CGIA Institute is a globally recognised professional organisation...
A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially...
Prime Bank conducted its 29th Annual General Meeting (AGM) on Thursday (May 30, 2024), attended by 312 registered shareholders. Shareholders passed all (six) ordinary resolutions presented for their approval, which included a 17.5 per cent cash dividend for 2023 and...
BRAC Bank has promoted its offshore banking deposit product 'Bondhon' among expatriate Bangladeshis in New York. At the Offshore Banking Fixed Deposit Outreach Program in New York City on May 24, Selim R. F. Hussain, managing director and CEO of...
MOHAMMAD MUFAZZAL | 2024-06-02 00:00:00
Mutual Funds (MFs) will hardly be able to recommend any dividend for FY24 as they have failed to gain any profit in the year up until now out of the gloomy market. To minimise investment risks, fund managers tend to...
Various universities, foundations, and organisations provide guidelines on the standards of diplomatic language and etiquette. For example, California State University, Pace University (New York), Azerbaijan University, and the Diplo-Foundation have all clarified this issue. Those who have written about diplomatic...
Writing the generic name of drugs in prescriptions has been customary in many developed countries for a long time. In India, it is compulsory for physicians to prescribe medicines by generic names rather than by brand names. However, no legal...
Atiqul Kabir Tuhin | 2024-06-02 00:00:00
The once majestic Gulshan-Baridhara Lake, sprawling over the diplomatic VIP area of Dhaka, has already lost its distinctive postcard attractiveness and is slowly but steadily decaying due to a two-pronged attack of pollution and encroachment. Over two decades ago, in...
Asjadul Kibria | 2024-06-02 00:00:00
When inflation overtakes growth, an economy generally comes under severe pressure. If unemployment also starts to rise, the economy moves toward stagflation. Theoretically, stagflation is the simultaneous appearance of slow growth, high unemployment, and increasing prices. Every country wants to...
The results of the latest survey jointly carried out by the Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, and the Policy Exchange Bangladesh (PEB) on the country's prevailing business climate are disconcerting. Business Climate, according to the survey, in...
Sayera Younus, Nurun Nahar Sultana, Md Abdul Karim, and Ripon Roy | 2024-06-02 00:00:00
Bangladesh Bank prioritises maintaining price stability as its primary goal. It is crucial for the development of monetary policy to observe and comprehend the root causes of fluctuations in consumer prices and wage levels. Bangladesh Bureau of Statistics (BBS) publishes...
ANINDETA CHOWDHURY | 2024-06-02 00:00:00
While growing up, almost all of us have written an ‘aim in my life’ essay. If not that, then the burning question of ‘what do you want to become in future?’ could not be escaped at all. Till we have...
TAHSEEN NOWER PRACHI | 2024-06-02 00:00:00
‘Career’ is a word that just sounds fancy to youngstars and a word that scares the freshly ‘out in the market’ youth. Today, the word holds more freight and anxious anticipation than ever for the vast and ever-evolving landscape in...
KHALID SAIFULLAH KHAN | 2024-06-02 00:00:00
Nowadays, studying abroad has become a popular choice for various reasons, be it the desire to thrive in a more competitive environment, be it succeeding in life with all the possible opportunities, or be it simply for a modern, tech-savvy,...
Joharin is the two-year old daughter of Reza and Khadija. She just loves to watch cartoons on smartphone. Whenever the baby cries, her parents immediately hand over their smartphone to her and it works like magic. Joharin stops crying as...
Foreign Minister Dr Hasan Mahmud has reaffirmed Bangladesh's steadfast support for UN peacekeeping missions in the coming days, reports BSS.He expressed this view while attending a joint reception by Bangladesh and Austria at the United Nations headquarters in New York...
FE REPORT | 2024-06-01 12:00:00
Some banks, including Janata, have lost their capability to disburse fresh loans as laid-out loans are not coming back to the lenders, according to Janata Bank chairman Prof Dr SM Mahfuzur Rahman.Instead of disbursing any fresh loan, they would rather...
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