FE REPORT | 2024-07-15 00:00:00
The drafting of the Health Protection Act is now in the final stage. The ministry has held many meetings about the act, and it would be placed in the parliament soon, Health and Family Welfare Minister Dr. Samanta Lal Sen...
FE REPORT | 2024-07-15 00:00:00
Protectionism and sanctions, along with counter-sanctions, are damaging trade for countries like Bangladesh, said Prime Minister's Adviser on Private Industry and Investment Salman F Rahman."There is a concept that open markets would succeed and the best way for the world...
FE REPORT | 2024-07-15 00:00:00
The High Court (HC) on Sunday stayed the issuance of the notifications by newly appointed administrator of Sonali Life Insurance Company Ltd terminating five top executives.An HC bench comprising Justice Naima Haider and Justice Kazi Zinat Hoque passed the order...
FE REPORT | 2024-07-15 00:00:00
The High Court (HC) has released the full verdict that declared illegal the government circular issued in 2018 abolishing the all quotas, including the freedom fighter one, in class one and two government jobs.According to the 27-page HC verdict released...
FE REPORT | 2024-07-15 00:00:00
A special concession 'salami' (rent) rates are being considered for educational and religious institutions established on leased government properties under the Vested Property Return Act.Land Secretary Md Khalilur Rahman made the statement while presiding over a workshop on 'Allotment of...
FE REPORT | 2024-07-15 00:00:00
Responding to university teachers' demands, the government has decided to make the Prattay pension scheme effective from July next year.The decision has come as teachers of all public universities launched a strike on July 1, demanding their exclusion from the...
FE REPORT | 2024-07-15 00:00:00
The High Court has issued a rule asking the government to explain as to why the 40 per cent dependent quota provision for recruitment in Bangladesh Railway should not be declared illegal.An HC bench of Justice Mustafa Zaman Islam and...
FE REPORT | 2024-07-15 00:00:00
Students and job-aspirants Sunday marched through police cordons and submitted a memorandum to President Mohammed Shahabuddin with a timeline for recasting government-job quota.A mass march organised by the quota reformists was intercepted by police at different points on its way...
Prime Minister Sheikh Hasina on Sunday asked all concerned to target the markets of Middle East (ME), gulf countries, Africa, South Asia, South East Asia, East Asia and East Europe with innovative products to boost export earnings."We don't want to...
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...
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