SOCIAL ISLAMI BANK HOLDS 29TH ANNUAL GENERAL MEETING The 29th Annual General Meeting of Social Islami Bank was held on a virtual platform on Wednesday. The meeting approved 10 per cent dividend (5% cash & 5% stock) for the year...
Japan has provided 495 million Japanese Yen or US $3.21 million for the human resources development in Bangladesh, reports UNB.Ambassador of Japan to Bangladesh Iwama Kiminori and Secretary, Economic Relations Division, Ministry of Finance Md Shahriar Kader Siddiky signed the...
Mohd. Safwan Choudhury has been re-elected as Vice Chairman of Bank Asia at the meeting of the board of directors on June 23, 2024. Mr. Choudhury is an eminent industrialist of Bangladesh. He is a former president of the Sylhet...
The board of directors of City Bank announced re-election of Aziz Al Kaiser as Chairman and Hossain Khaled as vice chairman. This marks their fourth consecutive term in these positions.Aziz Al Kaiser, a founding director of City Bank, first took...
UCB Investment, a wholly owned subsidiary of United Commercial Bank, has been awarded for the second time in a row the FinanceAsia Awards 2024 for Best Investment Bank in Bangladesh, according to a press release.Tanzim Alamgir, managing director and CEO...
FE REPORT | 2024-06-27 00:00:00
Sonali Life Insurance Company has failed to disclose financial results of 2023 within the stipulated three months after the year ended for the suspension of the board on allegations of fund embezzlement.The administrator, Brig General S M Ferdous appointed by...
MTB Foundation distributes free bicycles to girl students MTB Foundation distributed one hundred (100) 'Swapno Sarathi' (The Dream Chariot) bicycles to female underprivileged meritorious students of different schools in Thakurgaon. The aim of the campaign is to enable female students...
FE REPORT | 2024-06-27 00:00:00
The Ministry of Finance (MoF) has ordered the securities regulator to look into the allegations of share manipulation against an independent director of the Dhaka Stock Exchange.The directive was influenced by a report published recently by a Bangla national daily,...
FE REPORT | 2024-06-27 00:00:00
Stocks extended the rally on Wednesday, with the benchmark index of the Dhaka Stock Exchange (DSEX) exceeding the 5,300 mark after a month, as buoyant investors put fresh bets on large-cap stocks.Market experts said investors opted to take positions in...
KARACHI, June 26 (AFP): Rashid Khan's rise to become a multi-millionaire cricket superstar began in the most desperate of circumstances as a refugee living in the Pakistan city of Peshawar.However, as an in-demand franchise cricketer with his box of leg-spin...
TAROUBA, June 26 (AFP): South Africa coach Rob Walter believes his team will not be haunted by its embarrassing legacy of big-match stagefright when they take on Afghanistan for a place in the T20 World Cup final.Despite the Proteas' deep...
The Bangladesh national cricket team is set to return to the country tomorrow (Friday) after a disastrous T20 World Cup campaign in the USA and West Indies, reports BSS.Bangladesh won three matches, the highest number of matches they won in...
Shakib Al Hasan has moved down to his career low sixth spot in the ICC T20 rankings for the allrounder after a below-average performance in the ongoing World Cup for the shortest format of cricket, reports BSS. It's his lowest...
SINGAPORE, June 26 (Reuters): Indian imports of Russian coal have declined while US shipments have risen in the three months ending in May, data from coal consultancy Bigmint showed, which traders attributed to Russian supplies becoming less competitive.Russia's exports of...
MRA, MICROFINANCE INSTITUTIONS SIGN APA The Microcredit Regulatory Authority (MRA) and 20 microfinance institutions signed annual performance agreements (APAs) at the MRA conference room in Dhaka on Wednesday. MRA Executive Vice Chairman Md Fashiullah and the chief executives of the...
NRB BANK OPENS EIGHT SUB-BRANCHESNRB Bank Limited, a leading 4th generation bank of the country, opens eight sub-branches at Fenchuganj in Sylhet, Shantahar & Dhunat in Bogura, Batajor in Barishal, Gorai in Tangail, Kashiadanga in Rajshahi, Chhagolnaiya in Feni and...
SHIMANTO BANK HOLDS 8TH ANNUAL GENERAL MEETINGThe 8th Annual General Meeting (AGM) of Shimanto Bank PLC was held at Shahid Captain Ashraf Hall at the BGB HQs, Peelkhana, on Tuesday. The meeting was presided over by Director General of Border...
AL ARAFAH ISLAMI BANK OPENS RELOCATED UTTARA MODEL TOWN BRANCH Al-Arafah Islami Bank (AIB) PLC has shifted its Uttara Model Town Branch to a new premises to provide best and modern banking services to its customers. Chairman of the bank...
Wael Sabra, a seasoned professional serving BAT for 21 years, has been appointed as the Chairman of BAT Bangladesh, with effect from August 1, 2024, says a press release. He will succeed Golam Mainuddin as the Chairman of BAT Bangladesh....
DHAKA BANK HOLDS 29TH ANNUAL GENERAL MEETING The 29th Annual General Meeting of Dhaka Bank PLC was held on a digital platform at the Head Office of the bank on Tuesday. Abdul Hai Sarker, Chairman of the Board of Directors...
FE REPORTState minister for commerce Ahsanul Islam Titu has said the government is going to enter into an agreement with India with an eye to importing daily commodities so that their supplies in local market remain uninterrupted."We're also working to...
Qatar Airways is in talks to buy up to a 20 per cent stake in Bain Capital-owned Virgin Australia, the Australian Financial Review (AFR) reported on Wednesday, as carriers fight for more market share in the country against dominant airline...
LONDON, June 26 (Reuters): Cocoa prices on ICE steadied for a second day on Wednesday, with the recent price decent on hold amid improved weather, higher trade volumes, and with funds finished liquidating their long positions, for now.September London cocoa...
Gold prices fell to their lowest in nearly two weeks on Wednesday as the dollar firmed, while investors awaited a report on the Federal Reserve's preferred inflation gauge due later this week for the latest clues on the central bank's...
LONDON, June 26 (Reuters): Oil prices inched up on Wednesday nearing their highest level in almost two months, driven by forecasts for an eventual inventory drawdown during the third quarter peak summer demand season and geopolitical risks from the Middle...
A second-half strike from forward Jonathan David helped Canada secure a 1-0 victory over 10-man Peru in their Copa America Group A match in Kansas City on Tuesday, boosting their hopes of a top-two finish and a spot in the...
EAST RUTHERFORD, June 26 (AFP): Substitute Lautaro Martinez grabbed an 88th-minute winner as Argentina finally overcame Chile 1-0 to book their place in the quarter-finals of the Copa America on Tuesday.Lionel Messi hit the post for Argentina in the first...
GAZA STRIP, June 26 (AFP): Fighting raged Wednesday between Israeli troops and Palestinian militants in Gaza's southern city of Rafah, witnesses said, as fears grow of a wider regional war drawing in Lebanese Hamas ally Hezbollah.Israel's bombardment of the Gaza...
NAIROBI, June 26 (AFP): Kenyan protest organisers called Wednesday for fresh peaceful marches against controversial tax hikes, as the death toll from nationwide demonstrations climbed to 13, an official from the leading doctors' association told AFP.The mainly youth-led rallies began...
TEHRAN, June 26 (Reuters): Candidates in Friday's Iranian presidential election have vowed to revive the flagging economy, but voters see little prospect of relief from a cost of living squeeze without an end to sanctions and an easing of Iran's...
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