April 1 (Reuters): Turkish stocks rose on Monday and the lira weakened slightly after hitting its record low against the dollar after the political opposition logged a thumping victory over President Tayyip Erdogan's AK Party (AKP) in local elections.Analysts said...
TOKYO, April 1 (Reuters): Factory activity in many Asia economies weakened in March but there were some brighter signs in China and South Korea, surveys and data showed on Monday, offering a mixed picture on the once fast-expanding, key driver...
BENGALURU, Apr 01 (Reuters): India's benchmark indexes clocked record highs in the first session of fiscal year 2025, led by a surge in metal companies after upbeat data from top consumer China.The blue-chip NSE Nifty 50 index was up 0.61...
A Memorandum of Understanding (MoU) was inked between Department of Youth Development (DYD) and Plan International Bangladesh on Sunday, reports UNB.It signifies a concerted effort to foster comprehensive youth development, promote gender equality, enhance climate resilience, and secure sustainable funding...
BEIJING, Apr 01 (Reuters): China has criticised the tightening of US rules on semiconductor exports, saying they have created more hurdles to trade and more uncertainty in the chip industry.The Biden administration last week revised rules aimed at making it...
The official facebook page of Bangladesh Power Development Board (BPDB) was hacked on Monday, says a press release.The hackers also posted some undesirable contents on the page.The BPDB authority has already informed the Bangladesh Telecommu-nication Regulatory Commission of the incident...
Jharna Begum, a housewife from Daganbhuiyan Upazila of Feni district, got Tk 1.0 million after she had purchased a Marcel refrigerator. She got the benefit under the local brand's ongoing Digital Campaign Season-20. Marcel's Brand Ambassador film actor Amin Khan,...
Union Bank PLC has stepped into its 12th year. On the occasion, an anniversary celebration programme was held at its Head Office in Dhaka recently. Managing Director & CEO of the bank ABM Mokammel Hoque Chowdhury inaugurated the programme by...
The 389th Board Meeting of Standard Bank PLC was held at the bank's Head Office in Dhaka on Sunday. Chairman of the Board of Directors Kazi Akram Uddin Ahmed presided over the meeting. Vice Chairman Mohammad Manjur Alam, Directors Kamal...
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Faruque Hassan paid a courtesy call on Monirul Islam, Ambassador of Bangladesh to Italy, at the embassy in Rome, reports UNB.Embassy officials including Economic Counsellor Md Al Amin and First Secretary (Labour)...
NARAYANGANJ, Apr 01 (UNB): Jamdani weavers are working round the clock at Noapara Jamdani palli in Rupganj upazila of Narayanganj to make new and fashionable Jamdani sarees with hope of good sale during Eid.Visiting the Jamdani palli, the correspondent found...
Chinese company Taisheng (Bangladesh) Webbing Co Ltd is going to invest US$ 6.0 million to set up a Shoe, Bag and Garments Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ) located at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), Mirsharai,...
FE REPORT | 2024-04-02 00:00:00
The securities regulator has approved the application of Power Grid Company to issue 201.08 million ordinary shares and 7.64 billion irredeemable and non-cumulative preference shares in favour of the power division secretary.The state-run electricity transmission and distribution service provider will...
Southeast Bank distributed Special CSR Fund among farmers for cultivation and purchasing agricultural machinery. Nuruddin Md. Sadeque Hossain, managing director of the bank, handed over financial assistance to the farmers at the bank's head office on Monday. The financial assistance...
FE REPORT | 2024-04-02 00:00:00
The bidding for eligible investors (EIs) to explore the cut-off price of IPO shares of Techno Drugs will begin on April 21, aiming to raise Tk 1 billion from the primary market.The bidding, a requirement for going public under the...
FE REPORT | 2024-04-02 00:00:00
Stocks failed to sustain the revival spirit as rising interest rates and approval of a big amount of zero coupon bonds turned investor sentiment against the market.Substantial price erosion of large-cap stocks dragged the Dhaka Stock Exchange (DSE) down by...
BEIJING, Apr 1 (Reuters): Copper prices kick started April higher on Monday, as positive industrial data posted by China bolstered demand outlook from the world's top metal consumer.Three-month copper on the London Metal Exchange added 0.3 per cent to $8,872...
Gold prices extended their record run on Monday as the latest data showing a slowing US inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut in June, reports Reuters.Lower interest rates reduce the opportunity...
BEIJING, Apr 1 (Reuters): China Southern Airlines on Monday launched its first flight between Beijing and Macau and said it plans to add 17 international routes, in a sign it expects a pick-up in international travel this year.The airline said...
JAKARTA, Apr 1 (Reuters): Chicago Board of Trade (CBOT) corn inched lower on Monday, weighed by report of multi-year high stocks, despite expectation of lower planting in 2024.The CBOT corn fell 0.62 per cent to $4.39-1/4 a bushel by 0331...
LONDON, Apr 1 (Reuters): Oil prices stayed near five-month highs on Monday as markets expected tighter supply due to OPEC+ cuts and after attacks on Russian refineries, while Chinese manufacturing data supported a stronger demand outlook.Brent crude was 35 cents...
WASHINGTON, Apr 01 (Reuters): An investor scramble to lock in returns before the Federal Reserve cuts rates is expected to sustain a rally in the US corporate bond market into the second quarter, with one strategist saying it may touch...
MUMBAI, Apr 01 (Reuters): India's central bank must prioritise the country's economic growth and also ensure the rupee is made more accessible and acceptable globally, Prime Minister Narendra Modi said on Monday.The Reserve Bank of India must give top priority...
TOKYO, Apr 01 (Reuters): Factory activity in many Asia economies weakened in March but there were some brighter signs in China and South Korea, surveys and data showed on Monday, offering a mixed picture on the once fast-expanding, key driver...
Eastern Bank PLC organised a training session on sustainable finance for its employees at the bank's head office in Gulshan on Monday. Chowdhury Liakat Ali, Director; and Shakhawat Hossan, Ahmed Zubaer Mahbub and Md Abu Rayhan, Joint Directors of Sustainable...
Rupali Bank Training Academy has launched a website, aiming to share training-related information among officers and employees of the bank. Chairman of Rupali Bank PLC Kazi Sanaul Hoq inaugurated the website at a ceremony at its head office in Dhaka...
Mercantile Bank PLC distributed open agricultural loan among 47 farmers of Feni, Laxmipur and Noakhali districts at a ceremony held at an auditorium in Feni recently. Arif Hossain Khan, Executive Director of Bangladesh Bank, Chattogram Region, was present as the...
GULAM RABBANI | 2024-04-02 00:00:00
At least 80 per cent of domestic flight tickets of Biman Bangladesh Airlines and most private airlines have been sold out much ahead of the Eid-ul-Fitr festival.Most of the tickets for domestic flights to Jashore, Syedpur and Rajshahi from April...
IFIC Bank achieved a significant milestone with the inauguration of its 1200th sub-branch at Baitul Mukarram Market in the capital on Sunday. Shah Alam Sarwar, Managing Director and Chief Executive Officer of IFIC Bank, was present at the inaugural ceremony...
City Bank and bKash have jointly launched 'Pay-Later', a special collateral-free digital nano loan service that facilitates payments with interest-free loan through bKash app. Now customers can buy any product or services and pay directly with this special loan, even...
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