FE REPORT | 2024-04-05 00:00:00
China and Bangladesh are at a critical stage of development and revitalisation, says Chinese Ambassador in Dhaka Yao Wen."China and Bangladesh have set a good example of mutual respect and win-win cooperation," he said.The envoy said this while inaugurating the...
FE REPORT | 2024-04-05 00:00:00
The University Grants Commission (UGC) has issued cautions about student admission to 35 private universities running without approved vice-chancellors and permanent campuses despite repeated warnings.Of them, 30 private universities are running without any appointed vice-chancellors.Three are operating illegal campuses, one...
A court in in the citry on Thursday sentenced former Jatiya Party lawmaker of Gaibandha-1 constituency Col (retd) Dr Abdul Kader Khan to four years imprisonment in a case filed for amassing wealth beyond known sources of income and concealing...
India has reaffirmed the strength and depth of its relationship with Bangladesh, characterising the bilateral ties as robust and multifaceted. This statement was made by Randhir Jaiswal, the spokesperson for the Indian Ministry of External Affairs, in response to inquiries...
A group of students of Bangladesh University of Engineering and Technology (BUET) have appealed to Prime Minister Sheikh Hasina to have a safe and secure campus with politics at BUET.They held a press conference at the Shaheed Minar of BUET...
FE REPORT | 2024-04-05 00:00:00
A spate of recent bank robberies and looting by a group of terrorists in the hilly region is just a reflection of mega looting happening across the country.Bangladesh Nationalist Party (BNP) senior joint secretary general Ruhul Kabir Rizvi made the...
BNP standing committee member Dr Abdul Moyeen Khan on Thursday said that the Awami League government had only two success stories: the oppression of the opposition parties and laundering the poor people's money abroad, reports UNB."It has failed in every...
Prime Minister Sheikh Hasina on Thursday asked the public representatives of the local government bodies to work with utmost sincerity for the welfare of the people, reports UNB."Don't lose public trust and confidence in any way. So, work for the...
BENGALURU, April 4 (Reuters): Indian metals-to-oil conglomerate Vedanta will raise up to 25 billion rupees ($299.6 million) through debt securities, the company said on Thursday.The fundraise will take place through the issue of non-convertible debentures on a private placement basis....
LONDON, April 4 (Reuters): British companies' expectations for selling prices and wage increases in the year ahead cooled in March, adding to signs of easing inflation pressure, a Bank of England survey showed on Thursday.Wage growth expectations for the coming...
NEW YORK, April 4 (Reuters): Strong economic data and worries over sticky inflation are pushing investors to reassess how deeply the Federal Reserve will be able to cut interest rates this year, fueling weakness in the US government bond market.Yields...
HONG KONG, April 4 (AFP): Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year.An equities rally...
LONDON, April 4 (Reuters): Traders and investors are looking to global interest rate cuts and a closely-fought US election to drag the world's currency markets from their deepest lull in almost four years.Measures of historical and expected volatility - how...
MUMBAI, Apr 04 (Reuters): Blackstone will invest at least $2.0 billion a year in India for the next five years, a top company executive said, citing the country's fast-growing economy and booming capital markets.The US investment firm counts India among...
RIYADH, Apr 04 (Arab News): Iraq's maritime industry is poised for expansion after a UAE logistics and trade firm signed a deal aimed at developing Al-Faw Grand Port and its associated economic zone.Abu Dhabi Ports Group entered into a preliminary...
RIYADH, Apr 04 (Arab News): Bonds and sukuk maturing for Qatar's government during 2024 have amounted to 20.3 billion riyals ($5.5 billion), according to the central bank.Data from the nation's financial institution showed that this year's government bond repayments amount...
LONDON, Apr 04 (Reuters): Switzerland kickstarted the rate cutting cycle among major central banks in March while the easing push re-accelerated across emerging economies.The Swiss National Bank became the first central bank overseeing one of the 10 most heavily traded...
National Finance Ltd has signed a memorandum of understanding (MoU) with Ace Autos Pvt Ltd, an authorized distributor of Haval sport utility vehicles (SUV) in Bangladesh, to provide attractive auto loan package for its customers. Irteza Ahmed Khan, Managing Director,...
A Memorandum of Understanding (MoU) was signed between Bangladesh Water Development Board (BWDB) and Dhaka WASA on the work of Automation, Construction and Regeneration of Monitoring Well under the jurisdiction of Dhaka WASA and exchange data of Monitoring Well. The...
The 38th meeting of the risk management committee of the board of directors of Modhumoti Bank was held virtually on Wednesday. The meeting was presided over by Mostafa Kamal, chairman of the board's risk management committee of Modhumoti Bank. Among...
Islami Bank Bangladesh organised a food distribution programme for fasting slum dwellers and rootless people at Rahmat-E- Alam Islam Mission Orphanage in the capital on Wednesday. Asaduzzaman Khan, MP, minister for home affairs, distributed food as the chief guest at...
Users of MeghnaPay, digital banking wallet of Meghna Bank, will be able to add money to their wallet and transfer money to Visa, credit, and debit cards through EBL SKYPAY, the payment gateway of Eastern Bank (EBL). M. Khorshed Anowar,...
In the spirit of Eid-ul-Fitr, Meena Bazar has generously provided Eid food packages to those less fortunate and underprivileged, ensuring that financial constraints do not hinder their celebration of this auspicious occasion, says a press release. The food packages contain...
Shanta Life Insurance announces the appointment of Nafis Akhter Ahmed as its Chief Executive Officer (CEO), says a press release. With this strategic move, Shanta Holdings Ltd, a renowned conglomerate of the country, stepped into its fourth venture in the...
Md Zahedul Hoque has been elected the Chairman of the Executive Committee of the Board of Directors of Standard Bank PLC in its 389th Board Meeting held recently, says a press release.A promising and well established businessman, Mr Hoque was...
FE REPORT | 2024-04-05 00:00:00
A significant decline in profits and nominal cash dividends declared by ACME Pesticides frustrated investors, dragging the stock down on the Dhaka Stock Exchange to be the worst loser on Thursday. The company topped the day's chart of top 10...
FE REPORT | 2024-04-05 00:00:00
Stocks extended the recovery mode for the second straight session on Thursday as bargain hunters favored taking positions in lucrative issues in anticipation of a potential turnaround.Price hikes of sector specific stocks such as Beximco Pharma, Beacon Pharma, Pubali Bank,...
NEW YORK, Apr 04 (Reuters): US layoff announcements rose 7 per cent in March to the highest since January 2023, led by technology and government-sector job eliminations, though cuts announced year to date are down 5 per cent from a...
BENGALURU/MUMBAI, Apr 04 (Reuters): HDFC Bank said on Thursday its gross loans grew 1.6 per cent sequentially in the January-March period, at a rate that was slower than the previous quarter, with the Indian private lender also reducing its loan-to-deposit...
GUANGZHOU, Apr 04 (AFP): US Treasury Secretary Janet Yellen arrived in China's Guangzhou on Thursday for meetings to press Beijing over fears the country's industrial subsidies for green energy, cars and batteries could flood global markets with cheap goods.Her second...
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