Mahbubul Alam, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has emphatically called for the swift implementation of the Bangladesh Single Window (BSW) project to streamline trade processes in the country, reports UNB. He made the...
FE REPORT | 2024-07-16 00:00:00
Telecoms giant Grameenphone on Monday launched Bangladesh's first fixed wireless access (FWA) service named 'gpfi unlimited', marking a milestone in the path towards the country's digital transformation.Following the Unified Licensing Guideline, this innovative solution leverages FWA technology to deliver reliable...
Social media content creation is increasingly popular nowadays. Many people desire to excel in content creation but often fail to do so due to a lack of proper knowledge. To address this, Nagad Ltd., a popular MFS service provider, and...
A seminar on 'Trading in Local Currencies: Problems and Prospects for the SAARC Countries' was held at a hotel in Chattogram on Friday. SAARCFINANCE Wing, Research Department of Bangladesh Bank, organised the event. Abdur Rouf Talukder, Governor of Bangladesh Bank,...
Local electronics giant Walton Hi-Tech Industries PLC won the National Export Trophy (gold) in recognition of its outstanding contribution to the exports of electrical and electronics products during the financial year 2021-22. Prime Minister Sheikh Hasina handed over the award...
FE REPORT | 2024-07-16 00:00:00
Sena Kalyan Insurance Company Limited gained a 75 per cent higher profit to Tk 45.6 million in the second quarter through June this year, compared to the same quarter a year ago. In the first six months of the year,...
MOHAMMAD MUFAZZAL | 2024-07-16 00:00:00
The securities regulator has caught Tamijuddin Textile Mills having misappropriated undistributed stock dividends worth more than Tk 330.77 million by disbursing them to shareholders who were not entitled. The company has so far deposited about 1.06 million undistributed bonus shares...
MOSCOW/SINGAPORE, July 15 (Reuters): Russia has sent ultra-low sulphur diesel from its ports for storage in the regional hub of Singapore and in West Africa, traders and shipping data show, as ample supply has slowed demand.Since the full EU embargo...
LONDON, July 15 (Reuters): Aviva, Legal & General and M&G are ramping up investments in rental homes in Britain, betting on long-term returns in a market where housing demand far outstrips supply, even though the country's new Labour government could...
BEIJING, July 15 (Reuters): Chinese e-commerce vendors are struggling for survival as sales growth slows, price pressure rises and shopping platforms compete with ever-more aggressive policies to attract increasingly cost-conscious customers.A once-thriving e-commerce industry punctuated by shopping bonanzas featuring galas...
Global smartphone shipments rose 6.5 per cent in the second quarter, driven by Samsung Electronics and Apple, preliminary data from IDC showed on Monday, but a full recovery in demand is yet to come around as it remained challenged in...
Shoppers are likely to spend roughly $14 billion during Amazon's Prime Day two-day shopping event this week, according to projections from Adobe Analytics,a firm that studiese-commerce transaction data, reports Reuters.Spending at Amazon on Tuesday and Wednesday could rise 10.5 per...
Islami Bank Bangladesh PLC and Nagad Limited signed an agreement regarding remittance services. From now on, Nagad customers can connect with Islami Bank to collect remittances sent from over 200 countries around the world quickly and easily and withdraw money...
The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has recently signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to relocate its EPZ offices in Dhaka and Chattogram. Md. Ashraful Kabir, Member, (Investment Promotion), BEPZA; and Devesh Mathur,...
BRAC Bank TARA has partnered with MetLife to provide a Micro Deposit Insurance Facility at no cost to rural women through the BRAC Bank Agent Banking Channel. This initiative, funded by a grant from the Gates Foundation, aims to enhance...
Mohammad Shamsul Islam has been re-appointed as Managing Director of National Housing Finance PLC for three more years with effect from July 16, says a press release. Mr. Islam joined NHF PLC as Additional Managing Director in February 2021 and...
The Trophy and Certificate Distribution Ceremony for the BIAC International Inter-University Arbitration Contest 2023 was held at the BIAC office in Dhaka on Sunday, says a press release. This year marks the fourth consecutive year of the contest, which featured...
FE REPORT | 2024-07-16 00:00:00
Danish shipping and logistics company AP Moller-Maersk has launched a new ocean shipping service between China and Bangladesh to meet rising trade demand, especially in the retail sector.The new service, called SH3, began on 7 July 2024, increasing capacity on...
US energy firms this week cut the number of oil and natural gas rigs operating for the fifth time in six weeks, energy services firm Baker Hughes said in its report on Friday.The oil and gas rig count, an early...
LONDON, July 15 (Reuters): Robusta coffee futures on ICE rose on Monday, edging towards last week's record high as a drop in shipments from top robusta producer Vietnam keeps supplies tight.September robusta coffee rose 0.3 per cent to $4,631 a...
Gold prices were largely unchanged on Monday and held above the key mark of $2,400 per ounce, as traders awaited more US economic data and comments from Federal Reserve officials this week for clarity on the timeline for interest rate...
LONDON/ACCRA, July 15 (Reuters): Trading houses face losses of at least $1 billion on cocoa derivatives after major producer Ghana failed to deliver beans this year, forcing traders to liquidate short positions in a rallying market, six industry sources told...
LONDON, July 15 (Reuters): Oil held its ground on Monday as downward pressure from concern about demand in top importer China offset support from strong demand elsewhere, OPEC+ supply restraint and geopolitical tensions in the Middle East.The reaction of the...
BERLIN, July 15 (AP): England striker Harry Kane finished Euro 2024 in a six-way tie for the Golden Boot top scorer as his team lost the final 2-1 to Spain. It was another individual accolade for a player yet to...
BERLIN, July 15 (Agencies): England failed to end '58 years of hurt' as their Euro 2024 final defeat by Spain in Berlin meant the 1966 World Cup remains their only men's trophy.Gareth Southgate has transformed England's fortunes at major tournaments...
BAKU, July 15 (Agencies): Argentina's Lautaro Martinez sealed the Copa America's Golden Boot with his winner in the final as Colombia's James Rodriguez was named the best player.James Rodriguez and Lautaro Martinez scooped the top awards at the 2024 Copa...
Prime Minister Sheikh Hasina handing over the cheque of runners-up of the Sheikh Hasina Inter-bank Football Tournament-2024 to Standard Bank's Chairman Kazi Akram Uddin Ahmed and Managing Director & CEO (Acting) Mohammad Mohon Miah at a programme at Army Stadium...
LONDON, July 14 (Reuters): There was a moment of euphoria after Carlos Alcaraz finished off Novak Djokovic to retain his Wimbledon title on Sunday, the usual pumped fists and group hugs with his entourage in the players' box.But an hour...
MIAMI GARDENS, Florida, July 15 (Agencies): Argentina won a record 16th Copa America title by beating Colombia 1-0 thanks to an extra-time goal from Lautaro Martinez on Monday (as per BST) after the final was delayed for over an hour...
RAJSHAHI, July 15 (BSS): A skill development training programme was held at Shah Dine Community Center in Rajshahi Monday.On behalf of its agricultural support scheme 'Bhoroshar Notun Janala' United Commercial Bank PLC (UCB) organized the training for 240 agricultural entrepreneurs...
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