Social Islami Bank achieved two awards 'Remittance Company of the Year-Bangladesh' and 'Senior Citizen Product Initiative of the Year- Bangladesh'. The awards were conferred by The Asian Banking and Finance, a renowned Singapore-based financial magazine. Zafar Alam, Managing Director &...
ACI Pharma Business held 'Annual Marketing & Sales Conference 2024-25' in Cox's Bazar on Sunday, says a press release. Sales and marketing personnel of the company from across the country attended the programme.M Mohibuz Zaman, Managing Director & CEO, ACI...
The 63rd Annual General Meeting (AGM) of the Bangladeshiyo Cha Sangsad (BCS) or Bangladesh Tea Association (BTA), the representative organisation of the owners of tea estates in Bangladesh, was held at Gulshan Club in Dhaka recently, says a press release.The...
FE REPORT | 2024-07-09 00:00:00
The struggling Samata Leather Complex has reported a loss of Tk 0.21 million for July-September last year amid a shortage of working capital.Samata Leather, a producer and exporter of crust and finished leather products, published its first quarter (Q1), FY24...
BABUL BARMAN | 2024-07-09 00:00:00
Foreign stakes in leading companies have continued falling as overseas investors have dumped their holdings since the removal of floor price in January mainly due to the sharp devaluation of the local currency against the dollar.The country's net foreign portfolio...
LONDON, July 8 (Reuters): Robusta coffee futures on ICE rose sharply on Monday, buoyed by supply tightness driven by slow exports from Vietnam and strong demand, while sugar prices were also higher.September robusta coffee rose 3.6 per cent to $4,334...
India's fuel consumption rose by 2.6 per cent year-on-year to 19.99 million metric tons in June from a year earlier, data from the Petroleum Planning and Analysis Cell of the oil ministry showed on Monday, reports Reuters.India is the world's...
HAMBURG, July 8 (Reuters): Chicago wheat futures fell on Monday on expectations that dry, hot weather will enable good US harvesting progress and a steadier dollar also generated bearish sentiment.Soybeans and corn also fell on expectations the US Department of...
LONDON, July 8 (Reuters): Oil prices edged lower on Monday after gaining for four weeks as supply disruption worries eased on hopes of a ceasefire deal in Gaza, but the potential impact of Hurricane Beryl on supplies kept the slide...
LISBON, July 8 (Reuters): The Portuguese government is planning to reintroduce tax breaks for foreign residents in an effort to attract skilled workers despite criticism in the past that the scheme stoked housing prices, the economy minister said on Thursday.The...
SEOUL, July 8 (AFP): Workers at South Korean tech giant Samsung began a general strike Monday, the head of a union representing tens of thousands of employees told AFP, after talks with management broke down. "The strike has started from...
BEIJING, July 8 (Reuters): The prospect of European tariffs cut 20-30 percentage points off China's growth in exports of electric and plug-in hybrid cars in recent months, an official at a leading Chinese auto industry body said on Monday.Last week,...
LONDON, July 8 (Reuters): Britain's renewables industry has called on the new Labour government to increase the country's renewable auction budget by hundreds of millions of pounds to help meet its offshore wind target and wider goal to decarbonise the...
MetLife Bangladesh has launched a new cashless outpatient service exclusively for organisations providing life & health insurance to their employees through MetLife. This new service enables employees to receive outpatient hospital services without paying any cash upfront at hospital counters,...
FE REPORT | 2024-07-09 00:00:00
The telecoms regulator has asked 58 TVAS licensees to share 5.5-per cent revenue in dues with it and pay 1.0 per cent of their revenue to Social Obligation Fund (SOF).The Bangladesh Telecommunication Regulatory Commission (BTRC) sent letters to the TVAS...
Midland Bank PLC formally opened its relocated Madhabdi Sub-Branch at Madhabdi in Narsingdi on Sunday. Md. Ahsan-uz Zaman, Managing Director & CEO of the bank, inaugurated the relocated Sub-Branch. The new Sub-Branch is equipped with modern banking facilities, including a...
BRAC Bank has formalised a partnership agreement with the Chinese Enterprise Association in Bangladesh (CEAB) to enhance service offerings for CEAB members. This strategic collaboration will allow CEAB members to access BRAC Bank's products and services at preferential rates, says...
FE REPORT | 2024-07-09 00:00:00
Developing the skills needed for paperless trade across borders is essential for professionals, according to speakers, as they said this could significantly cut costs, save time and increase exports.In this regard, they said building the necessary infrastructure, along with ensuring...
Biden faces crucial week in fight for his reelection bidWASHINGTON, July 08: US President Joe Biden faces a critical week Monday that will test his standing at home and abroad, as moves to force him to quit his fight for...
The United Kingdom’s new Prime Minister (PM) has emphasised the need for a ceasefire and a two-state solution in calls with Israeli and Palestinian leaders, as Israel has shown no inclination to stop its devastating war that has killed more...
MUMBAI, July 08 (Reuters): Heavy rains flooded roads and railway lines on Monday in India's financial capital Mumbai, disrupting flights and forcing the closure of schools and colleges.Just ahead of the morning rush hour, more than 300 mm (11.8 inches)...
MANILA, July 08 (AFP): The Philippines and Japan signed a key defence pact on Monday that will allow the deployment of troops on each other's territory, as they boost ties in the face of China's growing assertiveness.The Reciprocal Access Agreement...
CAIRO, July 08 (Reuters): Israeli forces bombarded Gaza City early on Monday and columns of tanks advanced into the heart of the city from different directions in what residents said was one of the heaviest attacks in the Palestinian territory...
MOSCOW, July 08 (TASS): Indian Prime Minister Narendra Modi arrived in Russia on an official visit, as his flight landed at Moscow's Vnukovo-2 airport, according to a TASS reporter.Exiting the plane, Modi greeted the welcoming party with the traditional Indian...
KYIV, July 08 (Agencies): Russia rained missiles down on cities across Ukraine in broad daylight on Monday morning, killing at least 29 civilians and badly damaging Kyiv's main children's hospital in the deadliest air strike in months, officials said.Hundreds of...
COLOMBO, July 08 (AFP): Former Sri Lanka skipper and one-time chief selector Sanath Jayasuriya was appointed Monday to replace head coach Chris Silverwood, who quit following the country's early exit from the T20 World Cup.Sri Lanka Cricket said Jayasuriya, 55,...
DORTMUND, Germany, July 08 (Reuters): Just like the five shots confidently dispatched to beat Switzerland on Sunday (as per BST), England's conversion from one of the worst-performing countries in penalty shootouts to the current, confident unit, has nothing to do...
Up to nine FC Barcelona players participated in the UEFA EURO 2024, with several of them playing important roles in their respective national teams' campaigns. Barca have also benefitted financially from having so many players do well in the Euros....
Real Madrid star Kylian Mbappe has admitted to feeling tired as France struggle for form at Euro 2024, report agencies.Les Bleus have laboured through the competition and they face a crunch semi final showdown against Spain tonight (Wednesday as per...
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