DOULOT AKTER MALA | 2023-12-14 00:00:00
In a do-over-again exercise, the revenue board considers a remake of the failed electronic fiscal device and spot cashback or lucrative lottery as new bets to make VAT attractive to consumers.The VAT authority's lottery programme, launched in 2020, could not...
OISHI KHAN | 2023-12-14 00:00:00
Bangladeshi-born American venture capitalist Sakib Jamal recently made headlines when he was included in ‘Forbes 30 Under 30’ list for 2024 in the Venture Capital category for the North American region. As the first employee at the venture capital firm...
ARNAB CHAKRABORTY | 2023-12-14 00:00:00
In a bid to empower its students with the essential skills and insights needed for success in the corporate realm, East West University recently hosted a series of transformative events titled, 'Career ToolKit' from November 14 to December 09. A...
ABDULLAH-AAT-TAHMIDUS SIDDIQUEE | 2023-12-14 00:00:00
Business competitions are the ultimate battleground for teams to showcase and test their strategic thinking and business acumen. In today's landscape, the growing appeal of business competitions has expanded the participation pool beyond individuals pursuing business degrees, intensifying the competition...
Md Touhidul Alam Khan | 2023-12-14 00:00:00
In a landmark move, Bangladesh Bank (BB) issued a pivotal circular, BRPD Circular No. 17 dated December 05, 2023, unveiling the Prompt Corrective Action (PCA) Framework for commercial banks. The initiative aims to bolster financial stability and instill public confidence...
Attestation of academic certificates and testimonials is a prerequisite for receiving an array of services including admission to educational institutions, job application process and obtaining license, among others. This seems to be an additional burden for many of us as...
Smartphones have made our life easy and comfortable. But their excessive use can bring more harm than good. According to an app analytics firm, people are spending an average of 4.8 hours a day on their smartphones, which is nearly...
Bangladesh is the fourth most lead-polluted country in the world and about 36 million, which is 60 per cent of the country's children population, are poisoned by lead with an average blood lead level of 6.8 ?g/dL, according to a...
Imam Hossain | 2023-12-14 00:00:00
While we deal with stray animals, mainly dogs and cats, horses appear to be a new addition to this list. Animal rights activists have recently rescued an ill and abandoned horse from Rangpur city's Modern Morh. After failing to find...
Syed Badrul Ahsan | 2023-12-14 00:00:00
They were led to their death fifty two years ago. Hands and eyes bound, prodded by the guns and knives of their abductors, accomplices of the Pakistan occupation army, they walked to an end that the killers made sure would...
The country's National Board of Revenue (NBR) has never been known for attainment of enough efficiency for collection of revenues ---direct or indirect. There has always been many a slip between the cup and the lip. It has gone for...
Bharath Rajeswaran | 2023-12-13 00:00:00
BENGALURU, Dec 12 (Reuters): India's Nifty 50 and Sensex fell on Tuesday, weighed by a pullback in energy shares ahead of inflation data from India and the United States, due later in the day.The NSE Nifty 50 index fell 0.43...
HONG KONG, Dec 12 (Reuters): JPMorgan Chase (JPM.N) is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup (C.N), HSBC (HSBA.L) and Standard Chartered (STAN.L) in the race for the mandate, two...
BEIJING, Dec 12 (Reuters): China will step up policy adjustments to support an economic recovery in 2024, state media said on Tuesday, following an agenda-setting meeting of the country's top leaders.Investors are closely watching for clues on next year's policy...
Renata Limited held its 50th Annual General Meeting (AGM) on a digital platform recently. Dr Sarwar Ali, Chairman of the Board, presided over the meeting attended by Renata's CEO and Managing Director Kaiser Kabir, as well as Directors Zahida Fizza...
AKS, one of the largest steel producers in the country, hosted a conference titled 'Engineering Xcellence' at a city hotel recently, with Prof. Dr. Md. Aminul Islam of MME, BUET, as the keynote speaker. He highlighted the critical link between...
Uttara Bank PLC held its 'Annual Risk Conference-2023' at the Head Office of the bank in the city on Monday. Mohammed Rabiul Hossain, Managing Director & CEO of the bank, was present as the chief guest while Deputy Managing Director...
Modhumoti Bank has signed an agreement on a long-term financing facility for export-oriented producers with the Bangladesh Bank at the latter’s office recently. In the presence of Ms. Nurun Nahar, deputy governor of the Bangladesh Bank, Md. Shafiul Azam, MD...
Dhaka Bank and Uttara Club launched an exclusive Dhaka Bank-Uttara Club Mastercard World Co-Branaded Credit Card for the members of Uttra Club. The launching ceremony was held on November 18 at the Tennis Ground, Uttara Club in the capital. Mr....
Pubali Bank and Astra Airways Limited (Air Astra) have signed an MoU recently at the bank's head office. N. M. Firoz Kamal, deputy general manager & head of card business division of Pubali Bank, and Mozammel Haque Bhuiya, head of...
Al-Arafah Islami Bank has signed an agreement with the Bangladesh Bank to avail of Bangladesh Bank-Long Term Financing Facility (BB-LTFF). Shabbir Ahmed, managing director (current charge) of AIBL, and Liza Fahmida, director at BB Financial Sector Support and Strategic Planning...
The election to Sonar-gaon Hotel Sromik O Karmachari Union was held at Sonargaon Hotel on Monday. Dulal Chandra Mazumder was elected president of the union and Md Shah Alam its general secretary, says a statement.Other elected members are Sr. Vice...
Walton Digi-Tech Industries Limited has awarded the winners of its creative campaign titled 'Walton Laptop Packaging Design Contest'. Cash rewards totalling Tk 380,000 were handed over to the top 13 contestants, says a statement. Scores of students, freelancers and professional...
The Food and Agriculture Organisation (FAO) of the United Nations held a closing workshop for a project titled 'Support to diversification of agriculture for improved nutrition and rural livelihoods i1n selected Covid-19 hotspot zones of Bangladesh' at Bangladesh Agricultural Research...
CAL Bangladesh, a financial services company, has recently signed a contract with MetLife to avail insurance facilities for its employees. As part of this contract, all employees of the CAL Bangladesh and their dependents will receive financial support for medical...
FE REPORT | 2023-12-13 00:00:00
Auditor has identified exaggerated figures of sales, assets, and inventories in the FY23 financial statements of Khan Brothers PP Woven Bag Industries. In a qualified opinion published on the Dhaka Stock Exchange's (DSE) website, the auditor said there were discrepancies...
FE REPORT | 2023-12-13 00:00:00
City Bank PLC signed a Memorandum of Understanding (MoU) with the National Pension Authority as the first private commercial bank to render services on opening and managing different universal pension schemes by both resident and non-resident Bangladeshis. Under this MoU,...
FE REPORT | 2023-12-13 00:00:00
The stock market regulator accepted Sinobangla Industries' proposal to raise nearly Tk 202 million by issuing rights shares for business expansion and loan repayments.As per the approval given at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) on...
DOULOT AKTER MALA | 2023-12-13 00:00:00
The government may consider offering incentives to commercial banks to encourage their loan disbursement to small and medium enterprises, particularly those led by women, said Rupali Chowdhury.In an exclusive interview with The Financial Express, Ms Chowdhury -- the managing director...
FE REPORT | 2023-12-13 00:00:00
The securities regulator has set a new deadline for companies to formulate their own guidelines on how and what to disclosure as price sensitive information (PSI).Most of the listed companies have failed to comply with a directive that asked them...
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