RIYADH, Jan 15 (Arab News): Some 56 per cent of chief economists expect the global economy to slow down in 2024 along with an acceleration in geo-economic fragmentation, a survey showed. The latest Chief Economists Outlook from the World Economic...
HONG KONG, Jan 15 (Reuters): Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world's biggest smartphone market.The US tech giant cut prices...
DAVOS (Switzerland), Jan 15 (AFP): The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich's influence over tax policy.A report from the...
The British Standards Institution (BSI) has organised a five-day 'Lead Auditor Training on Energy Management Systems (ISO 500001:2018)' in the capital. Director General (Grade-1) of the Bangladesh Standards and Testing Institution (BSTI) SM Ferdous Alam was present as the chief...
Entomology Division of Bangladesh Agricultural Research Institute (BARI) held a workshop on 'Up-scaling of BARI-developed biorational-based insect pest management technologies for safe vegetables production' at the BARI Seminar Room on Monday. The project was funded by the United Commercial Bank....
A new Sony-Smart showroom has opened its doors at Shyamoli in Dhaka. Genuine electronics products of Japanese world-famous brand Sony and related services are available in this showroom. Smart Technologies (BD) Ltd. is the official distributor of Sony in Bangladesh....
Rupali Bank PLC has congratulated newly-appointed Road Transport and Bridges Minister Obaidul Quader. Rupali Bank Managing Director and CEO Mohammad Jahangir greeted Mr Quader with a bouquet in the city on Sunday.
National flag carrier Biman Bangladesh Airlines joined the international tourism fair 'Dhaka Travel Mart 2024' as the title sponsor. To this effect, Biman Director of Marketing and Sales (Acting) Mohammed Salahuddin and Bangladesh Monitor Editor Kazi Wahidul Alam signed an...
Modhumoti Bank Limited inaugurated revenue collection booths in Dhaka South City Corporation areas on Monday for the collection of holding taxes and trade licence fees. In the presence of Modhumoti Bank Managing Director and CEO Md Shafiul Azam, Dhaka South...
Industries Minister Nurul Majid Mahmud Humayun has laid emphasis on formulating proper planning to best utilise the country's internal resources, reports BSS."In the context of existing global and regional geo-economic volatility, we have to concentrate on formulating a proper planning...
To amplify its commitment to inclusivity and sustainability, Prime Bank has entered into a strategic partnership with the Dutch entrepreneurial development bank FMO.The collaboration comes in the form of a term loan agreement, with FMO providing $50 million to Prime...
FE REPORT | 2024-01-16 00:00:00
Ratanpur Steel Re-Rolling Mills (RSRM) is out of operation for two years but its stock price has escalated by 48 per cent in the last two months. The stock jumped from Tk 16.30 to Tk 24.10 a share since November...
MOHAMMAD MUFAZZAL | 2024-01-16 00:00:00
Investors have begun to see redemption of a listed subordinated bond issued by Ashuganj Power Station Company, fueling optimism surrounding the secondary market of debt securities. This is the first time a listed bond floated by an energy company is...
DAVOS (Switzerland), Jan 15 (Reuters): Hitachi India expects to contribute $20 billion in revenue to its Japanese parent by 2030, its managing director said in an interview on the sidelines of the World Economic Forum annual meeting."India is being looked...
BERLIN, Jan 15 (Reuters): Thousands of tractors and trucks and about 10,000 people blocked the avenue leading to Berlin's Brandenburg Gate on Monday, capping a week of protests against higher taxes for farmers that have become a flashpoint for anti-government...
LONDON, Jan 15 (Reuters): The percentage of women appointed to board-level roles at large financial services firms in the European Union fell last year, making it harder for the sector to meet the bloc's looming diversity target, a survey from...
NEW YORK, Jan 15 (Reuters): Global banks could boost their valuations by a combined $7 trillion in the next five years if they take major steps to promote growth and boost productivity, the Boston Consulting Group said in a report...
FE REPORT | 2024-01-16 00:00:00
RFL, a leading business conglomerate, has started exporting PVC sanitary fittings to the United Kingdom (UK). The first consignment of sanitary fittings was sent to the UK from the RFL Pipe & Fittings factory at Habiganj Industrial Park in Habiganj...
Shimanto Bank has officially inaugurated Chirirbandar Branch and ATM recently. Sector Commander of Dinajpur Sector & Deputy Director General of Border Guard Bangladesh Col Rashed Asgar was present as the chief guest at the inaugural ceremony and Managing Director &...
Pragati Life Insurance recently signed a bancassurance agreement with Dutch-Bangla Bank. Under the agreement, the bank's customers can purchase various insurance products of the insurance company, such as health insurance, education insurance and other savings-oriented life insurance plans, through the...
Jamuna Bank Foundation held a free medical camp at Kashinathpur in Pabna recently. At the event, 7,036 people received free healthcare services and 947 individuals were listed for free eye operation. Also, 2500 blankets were distributed among cold-affected people. Nur...
BEIJING, Jan 15 (Reuters): China's economic growth is likely to slow to 4.6 per cent in 2024, and cool further to 4.5 per cent in 2025, a Reuters poll showed, raising the heat on policymakers to roll out more stimulus...
FE REPORT | 2024-01-16 00:00:00
The government is all set to launch a new hotline for consumers so they can share real-time information on the prices of essential commodities.An extra digit will be added to the national hotline number 333 to this end.Accordingly, the authorities...
REZAUL KARIM | 2024-01-16 00:00:00
The government has asked Janata Bank (JB) to provide a tentative schedule for winding up the operations of its subsidiary, Janata Exchange Company (JEC), in Italy.The state-owned bank has also been asked to explain whether the closure of the exchange...
BUDAPEST, Jan 15 (Reuters): The European Union's eastern states are demanding the EU impose import duties on Ukraine grains, citing unfair competition, Hungary's agricultural ministry said on Monday.The ministry said the farm ministers from Bulgaria, Poland, Hungary, Romania and Slovakia...
Gold prices advanced on Monday, as the metal's appeal was boosted by safe-haven demand owing to tensions in the Middle-East, while markets raised bets that the Federal reserve will cut rates sooner than expected, reports Reuters.Spot gold was up 0.2...
SAO PAULO, Jan 15 (Reuters): Brazilian planemaker Embraer expects its agricultural aircraft Ipanema to hit record deliveries this year after a positive 2023 driven by the strength of the country's farm sector, it told Reuters on Monday.Used in crop-dusting activities,...
DOHA/SINGAPORE, Jan 15 (Reuters): QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed Houthi...
Britain commits 20,000 military personnelfor NATO exercise in EuropeLONDON, Jan 15: Britain will commit 20,000 military personnel to serve across Europe in a major NATO exercise in the first half of this year, as well as warships and fighter jets,...
MALE, Jan 15 (BBC): Bilateral ties between the Maldives and India - that have hit rock-bottom in recent weeks - have taken another tumble after Male formally asked Delhi to withdraw its troops from the island nation by 15 March.The...
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