RIYADH, Nov 16 (Arab News): Global credit agency Fitch Ratings has kept Saudi Arabia's Public Investment Fund's long-term foreign- and local-currency issuer default ratings at "A+" with a stable outlook. This reaffirmation comes as the fund continues to play a...
SHENZHEN, Nov 16 (Reuters): Tony Xiong is among the latest arrivals to the glitzy office towers in the newest part of Shenzhen, built to showcase China's economic miracle. He won't spend any personal time in the area.Most lunch breaks, he...
Muhammad Nurul Alam Chowdhury, Chief Executive Officer (CEO) of South Asia Insurance Company Ltd, and Muhammad Abdul Quader, Head of Branch and DMD of Elite Branch, visited a branch of the company in Chattogram recently. The CEO reviewed and evaluated...
Prime Minister Sheikh Hasina inaugurated and laid the foundation stones of 10041 pieces of infrastructure under 157 development projects through videoconferencing from her official residence Ganabhabon in the city recently. Of the development projects, 24 were under the Energy and...
BRAC Bank has won the Engagement Champion Award from the New York-based Financial Alliance for Women. The award was formally announced at the Champions of the Female Economy Awards at the 2023 Annual Summit in Santo Domingo, Dominican Republic recently....
Southeast Bank signed a memorandum of understanding (MoU) with Uttara High School and College at Uttara in the city recently. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, and Md Faridur Rahman, principal of Uttara High School and College,...
FE REPORT | 2023-11-17 00:00:00
Emerald Oil Industries will issue 31.56 million ordinary shares to Minori Bangladesh against its share money deposit worth Tk 315.58 million.Following the issuance of new shares at Tk 10 each, the company's paid-up capital will rise to Tk 912.72 million...
OUR CORRESPONDENT | 2023-11-17 00:00:00
Bangladesh Shipping Corporation (BSC) has taken steps to purchase 21 more ocean-going vessels to increase its fleet size to expand operation. State Minister for Shipping Khalid Mahmud Chowdhury unveiled the plan at the 46th annual general meeting of the BSC...
BABUL BARMAN | 2023-11-17 00:00:00
Kohinoor Chemical stands out among its peers, with a 19 per cent year-on-year profit growth in FY23 driven by sales of finished goods of its well-known brands of soaps, cosmetics, and toiletries. On the other hand, five other companies that...
PARIS, Nov 16 (AFP): Major oil and gas companies such as Aramco, ExxonMobil and Shell could have paid for their share of the damage caused by climate change and still earned trillions of dollars in profit, researchers said on Thursday.Their...
MUMBAI, Nov 16 (Reuters): The sharp widening in India's merchandise trade deficit in October to a record level, fuelled by a broad-based rise in imports, will likely be an outlier, analysts said.India's merchandise trade deficit rose to an all-time high...
CAIRO, Nov 16 (Arab News): Egypt has sold a stake in tobacco products maker Eastern Co. in its first foreign sale of a major state asset since it agreed to a privatization program with the International Monetary Fund last December....
ISLAMABAD, Nov 16 (AP): Pakistan and the International Monetary Fund reached a much-awaited preliminary agreement Wednesday for the release of $700 million from a $3 billion bailout fund approved by the international lender in July.The standby credit fund is meant...
OUR CORRESPONDENT | 2023-11-17 00:00:00
CHATTOGRAM, Nov 16: The Chittagong Chamber of Commerce and Industry (CCCI) and SMAC Advisory Services Ltd organised a view exchange meeting with young entrepreneurs on Thursday.The meeting titled 'Coffee With Chamber' was held at Bangabandhu Conference Hall of the World...
After the formal inauguration by the Prime Minister Sheikh Hasina, the country's first Single Point Mooring (SPM) is going to be commercially commissioned at the end of the current month of November, reports UNB.The PM inaugurated the SPM on November...
Community Bank Bangladesh Limited has opened a fee collection booth at Armed Police Battalion (APBn) School & College at Uttara in the city on Wednesday, which is to be operated under Uttara Branch of the bank. Md Fakhrul Islam, Additional...
The 864th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at its corporate head office in the city recently. Chairman of EC of the bank Akkas Uddin Mollah presided over the meeting. Managing...
Eskayef Pharmaceuticals Ltd. has set a milestone by stepping into the arena of global supply of high-tech biological vial products. An agreement was signed between Eskayef Pharmaceuticals Ltd, Bangladesh and a leading multinational biotech company on Thursday in Dhaka on...
Biman Bangladesh Airlines has decided to spread its wings to south Indian city Chennai from December 16, especially to facilitate Bangladeshi medical service seekers, reports BSS."It's a much demanded route for Bangladeshi nationals to India and we have decided to...
Unilever Bangladesh Limited (UBL), the country's Fast Moving Consumer Goods (FMCG) company, concluded the 14th edition of its flagship business competition 'BizMaestros,' at its grand finale in Dhaka on Thursday, said a press release.After a challenging contest among the top...
REZAUL KARIM | 2023-11-17 00:00:00
Local exporters have sought a special economic zone near the Hazrat Shahjalal International Airport (HSIA) for the sake of easier export of edible aquatic species such as live mud crab and eel fish, maintaining their standard and quality. The Bangladesh...
LONDON, Nov 16 (Reuters): Consumers can expect some relief from food inflation next year, with the price of key staples such as sugar, coffee, corn and soybeans set to ease as supplies adjust higher in response to three years of...
DUBAI, Nov 16 (Reuters): Airbus won a consolation order for 15 more A350-900 jets from Emirates on Thursday after a public row between the Mideast giant and engine maker Rolls-Royce (RR.L) prevented a deal for a larger model at the...
SINGAPORE, Nov 15 (Reuters): Gold steadied below one-week highs on Wednesday, weighed by a stronger dollar, but expectations that the US Federal Reserve is done with hiking interest rates put a floor under prices.Spot gold fell 0.1 per cent to...
NEW YORK, Nov 16 (Reuters): Oil prices edged lower on Thursday, extending losses from the previous session as signals of higher supply from the United States met concern over lacklustre energy demand from China.Brent futures were down 23 cents at...
ROME, Nov 16 (AFP): Inter Milan defender Alessandro Bastoni has withdrawn from Italy's last two Euro 2024 qualifiers and has been replaced by Roma's Gianluca Mancini, the Italian Football Federation (FIGC) announced on Thursday.Bastoni is suffering from a muscle strain...
ISLAMABAD, Nov 16 (Agencies): Pakistan's newly appointed T20I captain Shaheen Shah Afridi said on Thursday he was "thrilled and honored" to lead the country's national squad, a day after he took over the reins of the team from former skipper...
BUENOS AIRES, Nov 16 (Reuters): Lionel Messi will be fit for Argentina's World Cup qualifiers against Uruguay and Brazil despite his lack of game time, coach Lionel Scaloni said on Wednesday.Messi's Inter Miami side was eliminated before the MLS playoffs...
MUMBAI, Nov 16 (AFP): Virat Kohli and Mohammed Shami starred as India beat New Zealand to reach the World Cup final but Nasser Hussain believes captain Rohit Sharma has been their "real hero" of the tournament.Unbeaten hosts India defeated New...
In Khulna's Sheikh Abu Naser Stadium, echoes of the last international cricket match have faded, leaving local sports fans yearning, reports UNB.Despite its revered status as a Test venue and a host of the Bangladesh Premier League (BPL), Sheikh Abu...
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