FE Today Logo

Search results for:


City Bank to manage universal pension schemes

FE REPORT | 2023-12-13 00:00:00

City Bank PLC signed a Memorandum of Understanding (MoU) with the National Pension Authority as the first private commercial bank to render services on opening and managing different universal pension schemes by both resident and non-resident Bangladeshis. Under this MoU,...

Sinobangla gets regulatory nod for rights issues

FE REPORT | 2023-12-13 00:00:00

The stock market regulator accepted Sinobangla Industries' proposal to raise nearly Tk 202 million by issuing rights shares for business expansion and loan repayments.As per the approval given at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) on...

Businesswomen need better financial access: Rupali Chy

DOULOT AKTER MALA | 2023-12-13 00:00:00

The government may consider offering incentives to commercial banks to encourage their loan disbursement to small and medium enterprises, particularly those led by women, said Rupali Chowdhury.In an exclusive interview with The Financial Express, Ms Chowdhury -- the managing director...

Cos must have own rules by Jan to prevent insider trading: BSEC

FE REPORT | 2023-12-13 00:00:00

The securities regulator has set a new deadline for companies to formulate their own guidelines on how and what to disclosure as price sensitive information (PSI).Most of the listed companies have failed to comply with a directive that asked them...

S Korea to extend tax breaks on oil products

2023-12-13 00:00:00

SEOUL, Dec 12 (Reuters): South Korea will extend tax breaks on oil products for two more months until the end of February, the finance minister said on Tuesday.Although oil prices fell recently, there are still uncertainties over the Middle East...

Black Sea carrier Palmali to expand in Ukrainian sunflower oil shipping

2023-12-13 00:00:00

ISTANBUL, Dec 12 (Reuters): Istanbul-based tanker operator Palmali has become the top shipper for Ukraine's Black Sea-borne sunflower oil exports, one of the country's key export products, and plans to expand further, its chairman Mubariz Mansimov said.Azeri-born Mansimov said Palmali...

ISLAMI BANK HOLDS TRAINING PROGRAMME

2023-12-13 00:00:00

Islami Bank Training and Research Academy (IBTRA) organised a training programme titled 'Professional Awareness Program for Trainers' on Monday on a virtual platform. Mohammed Monirul Moula, Managing Director & CEO of the bank, addressed the event as the chief guest....

RUPALI BANK MEETING ON NATIONAL INTEGRITY STRATEGY

2023-12-13 00:00:00

Rupali Bank Limited held a meeting with stakeholders on National Integrity Strategy at its Dhaka North Divisional Office on Tuesday. Joint Secretary of Financial Institutions Division Badre Munir Firdous was present as the chief guest while DMD of the bank...

TRUST BANK OPENS RELOCATED UTTARA CORPORATE BRANCH

2023-12-13 00:00:00

Trust Bank Limited has relocated its Uttara Corporate Branch to a new address. Humaira Azam, Managing Director and CEO of the bank, along with other officials inaugurated the new office of Uttara Corporate Branch at 5 Masihata Business Tower, Sector-03,...

Month-long int'l trade fair starts in Ctg

OUR CORRESPONDENT | 2023-12-13 00:00:00

CHATTOGRAM, Dec 12: The Bangladesh International Trade and Export Fair (BITEF) 2023 kicked off in Chattogram Tuesday. Hosted by the Chittagong Metropolitan Chamber of Commerce and Industry (CMCCI), this marks the 8th edition of the fair.Commissioner Krishnapad Roy of Chittagong...

Bank deposits jump 1.55pc in Q3

FE REPORT | 2023-12-13 00:00:00

The central bank said the total deposits in the banking industry surged by 1.55 per cent to Tk 17.13 trillion at the end of September this year compared to the preceding quarter.This rise, as detailed in the Bangladesh Bank's quarterly...

'Ami Probashi' saves time and money of migrants

ARAFAT ARA | 2023-12-13 00:00:00

Ami Probashi, a digital platform that simplifies the process of labour migration from Bangladesh, started life back in 2021.Aspiring migrants have since accessed an estimated 95 per cent of government services through the mobile app.Earlier, an individual had to take...

IBCCI seeks import of 75,000 tonnes of buffalo meat from India

FE REPORT | 2023-12-13 00:00:00

Citing growing demand in Bangladesh, the India-Bangladesh Chamber of Commerce and Industry (IBCCI) has requested permission from the commerce ministry to import 75,000 tonnes of buffalo meat from India. IBCCI President Abdul Matlub Ahmad submitted a letter to Commerce Minister...

Norway-flagged tanker comes under attack by Huthi rebels

2023-12-13 00:00:00

SANAA, Dec 12 (AFP): Yemen's Huthi rebels claimed responsibility on Tuesday for a missile strike on a Norwegian-flagged tanker, an attack the Iran-backed group said was part of its military campaign against Israel.Norwegian shipowner J. Ludwig Mowinckels Rederi said the...

Israeli troops storm north Gaza hospital

2023-12-13 00:00:00

GAZA STRIP, Dec 12 (AFP): The health ministry in the Hamas-run Gaza Strip said Israeli forces were raiding a hospital Tuesday in the north of the Palestinian territory."Israeli occupation forces are storming Kamal Adwan hospital after besieging and bombing it...

Malaysia PM makes multiple changes in cabinet

2023-12-13 00:00:00

KUALA LUMPUR, Dec 12 (Reuters): Malaysian Prime Minister Anwar Ibrahim reshuffled his cabinet on Tuesday with multiple changes, including to the foreign, defence and energy portfolios and the return of a second finance minister, as he looks to rebuild trust...

Satellite images show devastating Himalayan floods

2023-12-13 00:00:00

MUMBAI, Dec 12 (BBC): New satellite images show the extent of the damage caused by deadly flash floods that hit a village in India's north-eastern state of Sikkim in October. The photos show how the Teesta river broke its banks...

Sunak faces parliamentary showdown over Rwanda asylum plan

2023-12-13 00:00:00

LONDON, Dec 12 (Reuters): British Prime Minister Rishi Sunak faces the biggest parliamentary test of his premiership on Tuesday when lawmakers vote on his divisive plan to send asylum seekers to live in Rwanda.The UK Supreme Court ruled last month...

Israeli billionaire for peace despite daughter's killing

2023-12-13 00:00:00

TEL AVIV, Dec 12 (BBC): Danielle Waldman danced the last dance of her young life some time before dawn on 7 October. Soon afterwards she and her friends had to run for their lives, but they never made it home.There...

Xi visits Vietnam to cement ties

2023-12-13 00:00:00

HANOI, Dec 12 (Reuters): China's President Xi Jinping began a two-day visit to Vietnam on Tuesday to upgrade ties between the Communist countries three months after US President Joe Biden travelled to Hanoi, as the major powers vie for influence...

Sri Lanka revokes sacking of cricket board

2023-12-13 00:00:00

COLOMBO, Dec 12 (AFP): Sri Lanka's sports minister on Tuesday revoked the sacking of the country's cricket board over allegations of corruption, in an effort to end its suspension by the International Cricket Council (ICC).Harin Fernando's decision paves the way...

ICC rates Mirpur pitch as ‘unsatisfactory’

2023-12-13 00:00:00

The International Cricket Council (ICC) has declared the pitch for the second Test of the ICC World Test Championship series between Bangladesh and New Zealand at Sher-e-Bangla National Cricket Stadium in Mirpur as "unsatisfactory" under the ICC Pitch and Outfield...

BD, SL clash today for semifinal berth

2023-12-13 00:00:00

Bangladesh will play Sri Lanka today (Wednesday) to decide the semifinalists of the Asian Cricket Council (ACC) Under-19s Asia Cup from Group B, reports UNB.The match will kick off at 11:30 am today (Wednesday) at the ACC Academy ground in...

Swiatek emulates Williams with back-to-back WTA award win

2023-12-13 00:00:00

Iga Swiatek's second consecutive season-ending No. 1 ranking helped her collect a second consecutive WTA Player of the Year award, making her the first woman since Serena Williams to claim that honor twice in a row, report agencies.Williams, who retired...

Three B’deshi pacers potential candidates for upcoming season

2023-12-13 00:00:00

With three Bangladeshi pacers set to face the gavel on December 19, the question of who will represent Bangladesh in the upcoming Indian Premier League (IPL) season hangs in the balance, reports UNB.Despite the withdrawal of Shakib Al Hasan and...

Cricket Australia requests BCB to reschedule 2027 Test series

2023-12-13 00:00:00

Cricket Australia (CA) has requested the Bangladesh Cricket Board (BCB) to reschedule the two-match Test series currently pencilled in for the 2027 season, according to Cricbuzz.According to Future Tour Program, Bangladesh were scheduled to travel to Australia in March 2027...

Turkish football on hold after club president punches referee

2023-12-13 00:00:00

ANKARA, Turkey, Dec 12 (AP): The Turkish Football Federation has suspended all league games in the country after a club president punched the referee in the face at the end of a top-flight match.MKE Ankaragucu president Faruk Koca attacked referee...

Shakib to continue as Tigers' captain, confirms BCB

2023-12-13 00:00:00

Following Shakib Al Hasan's recent remarks to prioritise playing for the Bangladesh national team over franchise leagues, Jalal Younus, chairman of the cricket operation at the Bangladesh Cricket Board (BCB), affirmed that Shakib will retain his role as captain, reports...

Palm oil falls on slowing exports

2023-12-13 00:00:00

MUMBAI, Dec 12 (Reuters): Malaysian palm oil futures gave up opening gains on Tuesday to trade lower on slowing exports, with the market eagerly awaiting inventory data for the end of November.The benchmark palm oil contract for February delivery on...

Copper rises on weaker dollar

2023-12-13 00:00:00

LONDON, Dec 12 (Reuters): Copper prices rose in London on Tuesday, supported by a weaker dollar, the prospect of tighter supply next year and hopes of more economic stimulus from top metals consumer China.Three-month copper on the London Metal Exchange...