MANILA, March 11 (Reuters): American companies are set to announce investments amounting to more than $1 billion in the Philippines, US Commerce Secretary Gina Raimondo said during an official visit to Manila on Monday.Raimondo is heading a two-day trade and...
Mercantile Bank on Monday donated fertiliser to marginal farmers at Chhagalnaiya in Feni from the bank's special CSR fund. Mosharref Hossain, director of the bank, was the chief guest at the ceremony. Farid Uddin Ahmed Bhuiyan, SVP and head of...
Dhaka Bank held its annual managers conference for 2024 at a city hotel on Saturday. Abdul Hai Sarker, chairman of the Board of Directors of Dhaka Bank, inaugurated the meeting as the chief guest. Emranul Huq, managing director and CEO...
Southeast Bank secured third place among 40 banks for collecting Dhaka Wasa's bills in the financial year 2022-2023. The award ceremony was held on Sunday at a city hotel. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, received the...
The a2i, in partnership with GiveDirectly, a nonprofit organisation that delivers unconditional cash transfers to impoverished communities, hosted an international learning event in the capital recently, says a statement. The a2i and GiveDirectly have been working closely together with funding...
FE REPORT | 2024-03-12 00:00:00
Eastern Bank has reported a 19.53 per cent year-on-year growth in consolidated profit to Tk 6.12 billion for 2023. With the latest data, it shows a steady profit growth for the last five years.At a board meeting on Sunday, the...
FARHAN FARDAUS | 2024-03-12 00:00:00
Beximco has decided to raise Tk 15 billion by issuing zero-coupon bonds at a higher-than-market rate to invest in the sluggish housing business. In a stock exchange filing on Tuesday, Beximco said the bonds would have an annual yield of...
LONDON, Mar 11 (Reuters): Bitcoin hit a record high on Monday above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down.Britain's financial watchdog on Monday became the latest regulator to pave the way for digital...
FRANKFURT, Mar 11 (AFP): Germany, Europe's largest economy, voiced its backing Monday for a second term for International Monetary Fund chief Kristalina Georgieva, with finance minister Christian Lindner calling her "exactly the right person".Georgieva has navigated the IMF "through difficult...
BEIJING, Mar 11 (AFP): China's leaders on Monday wrapped up a week-long key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record-high youth unemployment.Top officials...
TOKYO, Mar 11 (Reuters): Japan's economy avoided a technical recession, revised government data showed on Monday, even though the upward change in the fourth quarter was weaker than expected and highlighted concerns about the sluggish economic recovery.Japan's revised gross domestic...
ISTANBUL, Mar 11 (Arab News): The Turkish government will continue to tighten fiscal policy to help the central bank reduce inflation, Finance Minister Mehmet Simsek said on Monday, also highlighting the agency Fitch's upgrade of the country/s sovereign rating. In...
RIYADH, Mar 11 (Arab News): Qatar's international reserves increased by 4.91 per cent annually to 246.49 billion Qatari riyals ($67.69 billion) in February, driven by higher balances in foreign banks.According to the country's official news agency, balances held in foreign...
Fashion brand Gap beat Wall Street expectations for fourth-quarter results on Thursday, buoyed by strong demand on improved product offerings at its Old Navy and namesake brands during the holiday season and lower markdowns, reports Reuters.CEO Richard Dickson's plans to...
Minister for Social Welfare Dr Dipu Moni seen (middle) at an AmCham seminar held at a hotel in Dhaka on Sunday. From left are Al-Mamun M Rashel, Treasurer-AmCham, Mirza Shajib Raihan, EC member-AmCham, Rubaba Dowla, EC member-AmCham, Syed Ershad Ahmed,...
The Hongkong and Shanghai Banking Corporation Limited (HSBC) has collaborated with Maersk Bangladesh Limited, one of the leading companies in the shipping industry, to digitalise their freight collection via the state-of-the-art Omni Collect solution of HSBC. Amor Bin Nasir, Head...
FE REPORT | 2024-03-12 00:00:00
Drawing increased foreign direct investment (FDI) is essential for Bangladesh to cope with the existing and imminent challenges that might emerge from the country's LDC graduation, speakers at a programme on Monday said.They suggested further improving the investment climate through...
FRANKFURT, Mar 11 (Reuters): European Central Bank policymakers on Friday lined up in support of an interest rate cut in the coming months as inflation in the euro zone falls faster than they had anticipated.Central bank governors from Germany, France,...
UN Resident Coordinator Ms Gwyn Lewis had a meeting with ICC Bangladesh President Mahbubur Rahman at ICC Bangladesh Secretariat on Sunday, says a statement.At the meeting, Ms Lewis was briefed about the activities of ICC HQs and ICC Bangladesh. They...
FE REPORT | 2024-03-12 00:00:00
Bangladesh has become a frontrunner in Malaysia for student enrolment and health tourism, according to business leaders, as Dhaka shows further opportunities for Kuala Lumpur in those sectors.The country secured second place behind China for student enrolment and ranked third...
BEIJING, Mar 11 (Reuters): China Copper, one of the country's leading producers of the metal, wants to acquire overseas mineral resources amid tight mined copper supply and rising demand, the company's chairman told Reuters on Monday.A lack of rich copper...
Gold prices held steady on Monday after hitting a series of record highs last week, while investors waited for US inflation data for insights into the Federal Reserve's rate cut timeline, reports Reuters.Spot gold was little changed at $2,176.30 per...
HAMBURG, Mar 11 (Reuters): Chicago soybeans, wheat and corn fell on Monday, reversing Friday's strength, as market attention returned to large global supplies and low demand.Chicago Board of Trade most-active soybeans fell 0.5 per cent to $11.77-1/2 a bushel at...
SINGAPORE, Mar 11 (Reuters): Saudi Aramco, the world's top crude exporter, plans to reduce Arab Heavy crude supply to term customers in Asia in April due to oilfield maintenance, two sources with knowledge of the matter said on Monday.The producer...
BARCELONA, March 11, 2024 (AFP) - Barcelona coach Xavi Hernandez said his team's injury woes are no excuse ahead of the clash with Napoli on Tuesday night in the Champions League.The Catalans are aiming to reach the quarter-finals of the...
MANCHESTER, United Kingdom, Mar 11(AFP): Rodri says Manchester City will embrace the challenge of having to be almost perfect in their remaining 10 matches to win a record-breaking fourth straight Premier League title.Sunday's thrilling 1-1 draw at Anfield left Pep...
MIAMI, Mar 11 (AFP): Inter Miami slumped to their first defeat of the Major League Soccer season on Sunday, losing 3-2 at home to Montreal after the Herons opted to rest Argentine superstar Lionel Messi.Fernando Alvarez, Matias Coccaro and Sunusi...
Players of "NIDO Royal" posing with the winner trophy of a cricket tournament titled "Nestlé Premier League-2024" recently. Nestlé Bangladesh organised the day-long cricket tournament for its employees across the country
Champions (male and female) posing with the trophies after winning the inter-department handball competition of Bangladesh University of Professionals (BUP) in the city on Monday. Vice Chancellor of BUP Major General Md Mahbub-ul Alam, BSP, ndc, afwc, psc, MPhil, PhD...
The Bangladesh Cricket Board (BCB) has appointed Nathan Kiely as the national cricket team's strength & conditioning coach on Monday. The Australian joins on a two-year contract beginning April 15, 2024, reports BSS.Kiely holds an Australian Strength & Conditioning Association...
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