Mohammed bin Salman, the crown prince of Saudi Arabia, may visit Bangladesh in the second half of 2024, according to Foreign Minister Hasan Mahmud, reports bdnews24.com.Mahmud revealed the planned visit of the crown prince in a press briefing in Dhaka...
FE REPORT | 2024-03-12 00:00:00
The Editors' Council has condemned the process of sentencing journalist, Shafiuzzaman Rana, to six-month jail by setting up a mobile court.The platform of editors in a statement issued on Monday also expressed concern over spoiling free and independent journalism and...
FE REPORT | 2024-03-12 00:00:00
The Bangladesh Telecommunication Regulatory Commission (BTRC) on Monday issued unified licenses to the country's three major mobile-phone operators- Grameenphone Limited, Robi Axiata Limited and Teletalk Bangladesh Limited- with the goal of advancing the telecommunications sector, expanding information technology (IT), and...
FE REPORT | 2024-03-12 00:00:00
The country's top economists have advised the government against preparing an expansionary budget for the next fiscal year, citing external and internal economic stresses. They also suggested prioritising macroeconomic stability over growth and taking effective measures to achieve it. The...
Prime Minister Sheikh Hasina on Monday asked the doctors in the country to devote more time to research in medical science burying the mentality of doing private practice to just earn money, reports UNB."We are lagging behind in one sector...
Prime Minister's Energy Adviser Dr Tawfiq-e-Elahi Chowdhury has said that the international bidding for offshore oil and gas exploration will draw a huge response. "This round, we have introduced some new aspects like linking gas price with Brent and per...
FE REPORT | 2024-03-12 00:00:00
Bangladesh needs to adopt a proactive approach, rather than a defensive one, to trade preferences during the transition period after graduating from the least-developed-country club, according to economists. This shift will help support the development of new and diversified industries,...
FHM HUMAYAN KABIR | 2024-03-12 00:00:00
Current development budget of the country may be downsized by 7.0 per cent to Tk 2.45 trillion today amid slow-paced implementation of projects.Officials said Monday the National Economic Council (NEC), headed by Prime Minister Sheikh Hasina, would sit at the...
YASIR WARDAD | 2024-03-12 00:00:00
A fresh spiral in prices of foodstuffs people eat after breaking fast, 30-50-percent pricier on average this year, marks the start of holy Ramadan. People's expenses get another spurt for swelling costs of sugar, pulses, potatoes, onions and other spices,...
JUBAIR HASAN | 2024-03-12 00:00:00
Bangladesh's private-sector foreign borrowings seem squeezing, with short-term debt stock having dropped to US$11.25 billion until last January, prompting economists to predict further adverse impact on economic activity. Latest analyses of the state of financing exposes two cardinal factors: corporates...
Muslims in Bangladesh will commence the observance of Ramadan, a lunar month, marked by self-purification through fasting and abstinence, today (March 12). The sighting of the moon on Monday confirmed the commencement of Ramadan.Lailatul Qadr, the night of divine blessing...
HONG KONG/SHANGHAI/BEIJING, March 11 (Reuters): China has asked banks to enhance financing support for state-backed China Vanke and called on creditors to consider private debt maturity extension, in a rare intervention from central government to help an embattled property firm,...
BENGALURU, March 11 (Reuters): There may be pockets of irrational exuberance in the Indian equity markets, the markets regulator said on Monday, referring to concerns over stretched valuations of small-, opens new tab and mid-cap, opens new tab stocks and...
SEOUL, March 11 (Reuters): South Korea's financial market watchdog said on Monday it has found wrongdoings by financial firms selling derivatives linked to a Hong Kong stock market index."The inspection result shows there was poor management of sales policy and...
LONDON, March 11 (Reuters): European stock indexes were mostly in the red in early trading on Monday, falling from last week's record highs as traders grappled with uncertainty over the economic outlook and waited for US inflation data later in...
The 869th meeting of the executive committee (EC) of Shahjalal Islami Bank was held on Sunday at the bank's corporate head office. Akkas Uddin Mollah, chairman of the EC, presided over the meeting. Mosleh Uddin Ahmed, managing director of the...
Nvidia, opens new tab, whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without permission to train its NeMo, opens new tab AI platform, reports Reuters.Brian Keene, Abdi Nazemian and Stewart...
FRANKFURT, Mar 11 (Reuters): Tesla's German gigafactory near Berlin could be supplied with electricity again from Monday, the power firm in charge of fixing the outage, which began on March 5, said.E.dis, a division of German energy network firm E.ON,...
NEW YORK, Mar 11 (Reuters): HSBC is planning to recruit about 50 more bankers in its U.S. commercial bank to lend to startup companies, mainly in the technology and healthcare sectors, according to a senior executive.The London-headquartered bank hired about...
Investment Corporation of Bangladesh (ICB) has congratulated newly appointed State Minister for Finance Waseqa Ayesha Khan. Prof Dr. Suborna Barua, Chairman of Board of Directors of ICB, and Md. Abul Hossain, Managing Director of ICB, greeted her with a bouquet...
ICB Capital Management Limited (ICML) celebrated the International Women's Day with a view-exchange meeting with women entrepreneurs and investors at the head office of ICML on Sunday. Chief Executive Officer of ICML Mazeda Khatun was present at the event. ICML...
Agrani Bank PLC celebrated the International Women's Day 2024 with a cake-cutting ceremony at its head office in Dhaka recently. Managing Director and CEO of the bank Md Murshedul Kabir was present as the chief guest. Deputy Managing Director Wahida...
Trust Bank celebrated the International Women's Day 2024 with a cake-cutting ceremony recently. Managing Director & CEO Humaira Azam, DMD & COO Hasna Hena Chowdhury, Head of SME Fatema Kabir and other female leaders of Trust Bank attended the ceremony....
On the occasion of the International Women's Day 2024, Shimanto Bank has recently organised a programe attended by female officers of the bank. Rafiqul Islam, Managing Director & CEO of the bank, was present as the chief guest.
The 'MAGGI presents DPS STS Chef Minister 2024', a culinary competition, ended with a gala event in Dhaka recently. Ishrat Jabin received the winner's trophy along with a professional certificate and the grand prize money of Tk 100,000. The unique...
Union Bank Training Institute organised the closing ceremony of a 15-day Foundation Training Course on Sunday. Managing Director & CEO of the bank A BM Mokammel Hoque Chowdhury was present as the chief guest and Deputy Managing Director Shafiuddin Ahmed...
Bangladesh Small and Cottage Industries Corporation (BSCIC) Chairman Sanjay Kumar Bhowmik inaugurated a six-month training on Jamdani weaving as the chief guest at its Jamdani Shilpa Nagari in Tarab, Narayanganj, on Monday. Quamrun Naher Siddiqua, Additional Secretary, Ministry of Industries,...
The 24th Annual General Meeting of Infrastructure Investment Facilitation Company (IIFC) was held at the IIFC Conference Room, JDPC Bhaban, in Dhaka, with Md Shahriar Kader Siddiky, Chairman, IIFC , and Secretary, Economic Relations Division, Ministry of Finance, in the...
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