NCC Bank distributed agri inputs including seeds, fertiliser and pesticides among 1,600 marginal farmers of Rangpur, Dinajpur, Sayedpur and Rajarhat of Kurigram as part of its corporate social responsibility. Md Zakir Anam, deputy managing director of NCC Bank, presided over...
Prime Bank's 'Neera' has recently signed an agreement with Konna Well-being Ltd at Prime Bank head office in the city. Nazeem A Choudhury, deputy managing director of Prime Bank, and Kanij Fatima, executive director of Konna Well-being, signed the agreement....
Trust Bank Limited and CA Property Development Limited (CPDL) signed a deal to facilitate housing loans for CPDL customers. Trust Bank Deputy Managing Director and Chief Business Officer Ahsan Zaman Chowdhury and CPDL President Iftekhar Hosen signed the agreement in...
FE Report | 2023-11-10 00:00:00
NRB Bank will raise Tk 1 billion from the primary market by offloading 1 million shares at Tk 10 each under the fixed price method.It will utilise the IPO fund to invest in government and listed securities. The Bangladesh Securities...
FE REPORTPetroleum marketer Meghna Petroleum's profit jumped 40 per cent year-on-year to Tk 4.42 billion in FY23, as income from bank deposits escalated during the period. "We had a big gain in non-operating income in FY23, as we had huge...
Babul Barman | 2023-11-10 00:00:00
Investors of Sea Pearl Beach Resort & Spa may lose their profit partially, as the company is going to convert 20 per cent of its bonds worth Tk 3.25 billion into ordinary shares.The Investment Corporation of Bangladesh (ICB), which had...
CUMILLA, Oct 09 (UNB): Two women were killed as a truck hit them while crossing the road on the Dhaka-Chattogram highway in the Shabdalpur area of Daudkandi upazila of Cumilla on Wednesday.
CHANDPUR, Nov 09 (UNB): A 60-year-old man died after a tree fell on his head while he was cutting it at Charfatejangpur village in Ibrahimpur union of Chandpur Sadar on Wednesday afternoon.The deceased was identified as Rahim Bepari of the...
LALMONIRHAT, Nov 09 (UNB): A concrete bridge, built at a cost of Tk 70 million (7 crore), over Kesharghat Soti River in Sadar upazila of Lalmonirhat district cannot be used for lack of approach roads.Locals, however, made a bamboo bridge...
RIYADH, Nov 09 (Arab News): Saudi Arabia is set to sign SR2 billion ($533 million) worth of agreements with African countries, the Kingdom's finance minister has announced.Speaking during the Saudi-Arab-African Economic Conference in Riyadh, Mohammed Al-Jadaan said the deals would...
BEIJING, Nov 09 (Reuters): China's consumer prices swung lower in October, as key gauges of domestic demand pointed to weakness not seen since the pandemic, while factory-gate deflation deepened, casting doubts over the chances of a broad-based economic recovery.The consumer...
BERLIN, Nov 09 (AFP): Germany announced Thursday a huge relief package including tax cuts on electricity for the manufacturing sector, as Berlin seeks to shore up an economy that many fear could end the year in recession."Alone in the coming...
MANILA, Nov 09 (AFP): The Philippines' economy grew faster than expected in the third quarter, official data showed Thursday, but the government warned inflation remained a "major challenge".The 5.9 per cent on-year expansion was well up from the 4.3 per...
Muhammad Harun Bhuiya has been elected president and Md. Rafikul Islam Nantu general secretary of the Chittagong Port Diploma Engineers' Associ-ation (CPDEA), according to a press release issued on Thursday. Other elected members of the executive committee were Vice President...
Biman Bangladesh Airlines' acting Managing Director and CEO Md. Siddikur Rahman receives prizes from Civil Aviation and Tourism Minister Md. Mahbub Ali and secretary Md. Mokammel Hossain at a function recently as the national carrier was adjudged champion among the...
MOSCOW, Nov 09 (TASS): The value of bitcoin rose above $36,000 on Thursday for the first time since May 6, 2022, the Coindesk platform said at 2:47 a.m. Moscow time.As of 2:47 a.m. Thursday Moscow time [11:47 p.m. GMT on...
NBL Taltola sub-branch opensThe Taltola sub-branch of National Bank Limited officially started its journey on Thursday. The 41st sub-branch under the bank's Malibagh branch was inaugurated by NBL Managing Director & CEO Md Mehmood Husain as the chief guest.
Community Bank's financial support for Sajeda Foundation Masihul Huq Chowdhury, Managing Director and CEO of Community Bank Bangladesh Limited, handed over a pay order to Zaheda Fizza Kabir, Chief Executive Officer of Sajeda Foundation at the latter's office in Dhaka...
MetLife Bangladesh has successfully retained the AAA credit rating for its strong financial capability to operate smoothly and pay insurance claims without any financial difficulty. AAA is the highest rating available for an organisation, says the insurer in a statement....
CIRATA, Nov 09 (AFP): Indonesia inaugurated a $100 million floating solar farm on Thursday, the largest in Southeast Asia, as it seeks more opportunities to transition to green, renewable energy.The Cirata floating solar farm, which is expected to generate enough...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) recognised recently 53 listed and non-listed organisations in 17 categories for their best corporate practices based on financial parameters and non-financial indicators, said the ICMAB in a statement.Winners of the...
FE REPORTThe apparel apex body, BGMEA, has urged the global brands, retailers and their representatives in Bangladesh to adjust the prices of all goods to be shipped from December next commensurate with the wage hike announced on Tuesday.On the following...
M KabirHassan and José Antonio Pérez Amuedo | 2023-11-10 00:00:00
In the last month, October 2023 to be specific, Claudia Goldin, the American Professor of Economics at Harvard University, was awarded the 2023 Nobel Memorial Prize in Economic Sciences for her comprehensive research on women’s history in the labour market....
Afsan Chowdhury | 2023-11-10 00:00:00
The 1971 Liberation war documents project didn't produce narrative and opinions, but documents. There are however, three volumes where interviews and remembrances can be found but basically they are documentary in nature. The volumes don't carry any opinions, no matter...
Bangladesh reportedly spends nearly Tk 100 billion every year on social media-based digital marketing. Foreign companies such as Facebook and Google have become main beneficiaries of these expenses. To contain this, we must rethink about social media advertisement and find...
We have more than 160 public and private universities. But their failure in securing a respectable position in global university rankings has long been frustrating for educationists, teachers and students. This year, only three Bangladeshi universities found place at the...
Zahid Huq | 2023-11-10 00:00:00
That the National Board of Revenue (NBR) cannot hit the annual tax revenue earning targets set in the national budgets is no secret. The failure, though unintentional, makes the estimated budget deficits bigger, leading to higher bank or non-bank borrowing...
Nilratan Halder | 2023-11-10 00:00:00
The academic year 2023 for schools ---both primary and secondary---is drawing to a close. But how this will end is of serious concern. Confrontational politics apart, the new school curriculum introduced post-haste has presented unforeseen problems for evaluation of student...
It is pretty well known that although Bangladesh as a least developed country (LDC) has been a beneficiary of the EU Generalised System of Preferences (GSP) by way of zero duty, continuation of the benefit under the new version of...
SYDNEY, Nov 09 (AFP): Record-breaking Australian women's captain Meg Lanning said she had "nothing left to achieve" after retiring on Thursday from international cricket.The 31-year-old top-order batter led Australia to four Twenty20 World Cup titles, one 50-over World Cup triumph...
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