The 20th Annual General Meeting (AGM) of ADN Telecom Limited, a leading company in the information technology and telecommunication sector, was held on Monday virtually, with Asif Mahmood, Chairman of the Board of Directors of the company, in the chair....
Southeast Bank has recently signed a Master Trade Loan agreement with Commercial Bank of Dubai PSC at the bank's head office. Under this agreement, Commercial Bank of Dubai will provide trade loans to Southeast Bank for its offshore banking operations....
Mr. Emranul Huq, managing director & CEO of Dhaka Bank limited, received the ''Excellence in Mastercard Business (Innovation) 2022-23' award at a ceremony recently held at Radisson Blu, Dhaka. The award ceremony was graced by Dr. Atiur Rahman, former governor...
DUBAI, Dec 4 (Reuters): Money pledges grabbed the spotlight again at COP28 in Dubai on Monday as delegates turned their focus to the yawning gap in the need for climate finance and what's on offer.The United Arab Emirates, the host...
Nestle Bangladesh, the Swiss-originated food and beverage company, has been serving as a beacon for foreign investors in Bangladesh for the last 30 years. Recently, the organisation had a leading participation in the 'FICCI 60 Years Celebration & Investment Expo...
Eastern Bank (EBL) has been awarded ''Bank of the Year 2023" of Bangladesh by the renowned London-based international financial analysis and intelligence publication, The Banker. EBL becomes the first local bank to receive the coveted award for the third time.This...
FE REPORT | 2023-12-05 00:00:00
A good number of stocks are going to be downgraded to Z category from February 28 next year for failing to give dividend to shareholders on a yearly basis.Companies unable to hold annual general meetings on time and out of...
BABUL BARMAN | 2023-12-05 00:00:00
Some low-performing stocks have been flying high on the Dhaka Stock Exchange (DSE) in the last few months without any reason for investors to be keen on betting their money on those.Most of these small-cap companies have not paid dividends...
BEIJING/SHANGHAI, Dec 4 (Reuters): Sales of US automaker Tesla's China-made electric vehicles (EVs) skidded 17.8 per cent in November from the same month a year earlier, to 82,432 cars, China Passenger Car Association (CPCA) data showed on Monday.That marked the...
LONDON, Dec 4 (Reuters): US crude oil production set a record for the second month running in September, highlighting the challenge to Saudi Arabia and its OPEC? partners as they cut their own production to boost prices.Repeated OPEC? output cuts...
DUBAI, Dec 4 (Reuters): Bill Gates' advanced nuclear reactor company TerraPower LLC and the United Arab Emirates' state owned nuclear company ENEC said on Monday they have agreed to study the potential development of advanced reactors in the UAE and...
Rupali Bank Limited has opened its 22nd sub-branch in Jamalpur recently. Managing Director and CEO of the bank Mohammad Jahangir inaugurated the Madarganj Sub-branch under Koira Bazar Branch.
LONDON, Dec 4 (Reuters): Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on profitability mean that banks face a negative outlook in 2024, credit rating agency Moody's said on Monday.Prior rate hikes by central banks...
Islami Bank Bangladesh PLC organised a training workshop titled 'Cyber Security Protection' for agent banking officials of Dhaka Central, Cumilla, Khulna and Sylhet zones on Monday on a virtual platform. Mohammad Jamal Uddin Majumder, Deputy Managing Director of the bank,...
FE REPORT | 2023-12-05 00:00:00
BGMEA, the apex trade body in the apparel sector, has formed a board to conduct its election due in March next year, according to a statement. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will elect new directors for the...
bKash app has introduced biometric 'Face ID' and 'Fingerprint' login features to make users' daily transactions easier and safer, says a statement. Alongside, exciting new features -- 'Group Send Money', 'Request Money', 'Savings Marketplace' and selecting 'Default Card' to use...
BRAC Bank has expanded its international remittance network by adding nine more world-renowned exchange companies to its rapidly growing global footprint to cater to Bangladeshi wage earners, says a press release.Of the new exchange companies, three are in the United...
FE REPORT | 2023-12-05 00:00:00
Speakers at a meeting underscored the importance of attracting new investment, fostering technological advancement and promoting exports of diversified products, especially in key markets where market access benefits are available.They also stressed the need for simplifying business processes and documentation...
JOHANNESBURG, Dec 04 (AFP): World Cup captain Temba Bavuma will miss two white-ball series against India, Cricket South Africa announced on Monday in naming squads for the multi-format tour.Bavuma as well as fast bowler Kagiso Rabada will play no part...
New Zealand leg spinner Ish Sodhi said his side hoped to finish their long season away from home on a high by beating Bangladesh in the upcoming second Test, reports AFP."It's been a really, really long time away," Sodhi told...
Hosts Bangladesh Women's Team smartly clinched two-match FIFA Tier-1 Women's International Friendly Football Series 2-0 crushing touring Singapore Women's Team by 8-0 goals in the final match at the Bir Shrestha Shaheed Shipahi Mustofa Kamal Stadium in Kamalapur in Dhaka...
Bangladesh emerged triumphant against New Zealand in the recently concluded Sylhet Test, propelled by captain Najmul Hossain Shanto's stellar century in the second innings-a historic feat as the first Bangladeshi cricketer to achieve such a milestone in Test cricket in...
BEIJING, Dec 4 (Reuters): London copper prices slipped from a near four-month high on Monday as the US dollar strengthened but supply worries amid production disruption in the Cobre mine in Panama capped further losses.Three-month copper on the London Metal...
MUMBAI, Dec 04 (Reuters): India's palm oil imports in November jumped more than a fifth from the previous month as refiners favoured the tropical oil due to steep discounts compared with rival soyoil and sunflower oil, five dealers told Reuters...
BEIIJNG, Dec 4 (Reuters): Chicago soybean futures ticked down on Monday as traders monitored the prospects of showers in drought-stricken Brazil, the biggest global supplier, while corn and wheat lost steam after a brief rally last week.The most-active soybean contract...
Alaska Air Group Inc said on Sunday it would acquire Hawaiian Holdings Inc for $1.9 billion, including debt, placing a bet on a troubled airline with lucrative routes as US antitrust regulators fight consolidation in the sector, reports Reuters.Alaska Air...
LONDON, Dec 4 (Reuters): Oil prices extended declines on Monday, pressured by investor scepticism over the latest OPEC+ decision on supply cuts and uncertainty surrounding global fuel demand, though the risk of supply disruptions from the Middle East conflict limited...
JOYPURHAT, Dec 04 (BSS): Smuggled drugs and narcotics substances worth about Taka 200 million (20 crore) were destroyed in a function held at the training ground of Border Guard Bangladesh (BGB)-20 battalion of the district on Monday.BGB sources said the...
RAJBARI, Dec 04 (UNB): Two people died after being crushed under the wheels of a train in Kalukhali upazila of Rajbari district on Monday morning.One of the deceased was identified as Khayer Kha, 60, hailing from Ratandiya union of the...
GAIBANDHA, Dec 04 (BSS): Speakers at a function here on Monday underscored the need for empowering and strengthening the youths to advance the country towards its desired development."If we all work together, the youth and teenagers of the society will...
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