CAIRO, Mar 06 (AP): The Egyptian pound slipped sharply against the dollar on Wednesday after Egypt's central bank raised its main interest rate and said it would allow the currency's exchange rate to be set by market forces.The measures by...
SYDNEY, Mar 06 (AFP): Australia's economy grew just 0.2 per cent in the last quarter of 2023, official data showed Wednesday, as cost of living pressures weighed on Australian households.The Australian Bureau of Statistics said growth had hit 1.5 per...
LONDON/SINGAPORE, Mar 06 (Reuters): Bitcoin rallied again on Wednesday in volatile trade, while ether jumped almost 10 per cent as crypto mania continued to sweep through the investment community.Bitcoin rose by as much as 6.8 per cent to a session...
BEIJING, March 6 (AFP): China's top economic policymakers expressed confidence Wednesday that the country could achieve a strong recovery this year, despite persistent headwinds that continue to hinder growth.Thousands of delegates are convening this week in Beijing for the "Two...
MUMBAI, Mar 06 (Reuters): India's central bank on Wednesday said issuers of credit cards cannot enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks."On a review, it is observed that...
COLOMBO, Mar 06 (AFP): Sri Lankan President Ranil Wickremesinghe said Wednesday he was seeking a moratorium on foreign debt repayments until 2028, following a government default during the island nation's unprecedented economic crisis two years ago.A collapse in foreign exchange...
RIYADH, Mar 06 (Arab News): Qatar's trade balance showed a surplus of $14.9 billion in the fourth quarter of 2023, marking an annual 31.5 per cent decrease, according to official data.The figures released by the Planning and Statistics Authority highlighted...
Managing Director & CEO of Shimanto Bank Rafiqul Islam congratulates newly appointed Deputy Governors of Bangladesh Bank Md Khurshid Alam and Dr Md Habibur Rahman at their offices recently.
Sonali Bank PLC has teamed up with Meghna Bank PLC to launch a service enabling Meghna Bank customers to pay their chalan, utility bill, pension scheme installments and various charges and fees through 'MeghnaPay Wallet' by using Sonali Bank payment...
Bogura Zone of Islami Bank Bangladesh PLC organised an Agent Banking Business Development Conference and Workshop on 'Prevention of money laundering & terrorist financing' recently at a conference hall in Bogura recently. Mohammed Monirul Moula, Managing Director and CEO of...
Two more factories in Bangladesh have received Leadership in Energy and Environmental Design (LEED) certification from the United States Green Building Council (USGBC), reports BSS.With this, the number of green factories in the country rose to 211, according to Bangladesh...
Bangladesh will invite international bidding for oil and gas exploration in 24 blocks in the Bay of Bengal on March 10 in an effort to boost domestic energy production, the chairman of state-owned Petrobangla told Reuters on Tuesday.Bangladesh has been...
National Bank Limited has appointed Md Abdul Matin as the Deputy Managing Director (DMD), effective from March 5, says a statement. Prior to joining NBL, Mr Matin served as the Deputy Managing Director of South Bangla Agriculture and Commerce (SBAC)...
FE REPORT | 2024-03-07 00:00:00
The Civil Aviation Authority of Bangladesh (CAAB) moves to renew the aviation agreement signed with Vietnam to facilitate direct air links between the two countries. A consultation meeting will be held to this end soon. This issue was discussed at...
FE REPORT | 2024-03-07 00:00:00
Gold prices hit all-time high, at Tk112,908 per bhori (11.664 grams), in the country as local jewellers revised the rate of the precious metal upward on Wednesday.The new rate will come into effect today (Thursday), says a press release issued...
FE REPORT | 2024-03-07 00:00:00
Bangladesh Customs will have to be transformed with state-of-the-art technology to streamline its services suitable for handling a huge volume of cargo at a time when the country's export earnings are expected to cross US$ 100 billion, experts said at...
TOKYO, Mar 06 (AFP): Japanese auto giant Toyota said Wednesday that it plans to invest 11 billion reais ($2.2 billion) in beefing up production of hybrid vehicles in Brazil through 2030.Despite the boom in electric cars, Japan's automakers have long...
BEIJING, Mar 06 (BBC): Sales in China of Apple's iPhone fell by 24 per cent in the first six weeks of 2024 compared to a year earlier, according to research firm Counterpoint.It comes as the US technology giant is facing...
HONG KONG, Mar 06 (Reuters): Morgan Stanley has laid off about 9 per cent of its staff at its asset management business unit in China, two people with direct knowledge of the matter said, as the country's spiralling stock market...
BENGALURU, March 6 (Reuters): India's blue-chip indexes, Nifty 50 and Sensex hit fresh all-time highs on Wednesday, led by financials, while the broader and more domestically focussed small- and mid-caps declined.The blue-chip NSE Nifty 50, opens new tab rose 0.53...
Major stock markets in the Gulf fell in early trade on Wednesday ahead of congressional testimony from Federal Reserve Chair Jerome Powell to gauge the interest rate cut cycle, reports Reuters.Traders are scouring US economic data and policymakers' speeches to...
OSLO, March 6 (Reuters): Norway's $1.6 trillion sovereign wealth fund, the world's largest, will call on emerging market companies in which it invests to appoint more women to their boards, top officials told Reuters, making the policy global for the...
HONG KONG/SHANGHAI, March 6 (Reuters): Chinese money is pouring into funds invested in offshore assets at breakneck speed, butting up against outbound investment limits and complicating Beijing's efforts to revive domestic markets and stabilise the yuan. The rush to invest...
BEIJING, March 6 (Reuters): Chinese Premier Li Qiang's vision for the country contains an inherent contradiction: his aim to "transform" the economic model may be incompatible with keeping growth rates steady at around 5 per cent.In his maiden work report...
National Finance Limited (NFL) observed the Financial Literacy Day 2024. On the occasion, a discussion programme was organised with the customers at the NFL Principal Branch in the city on Wednesday.
The first meeting of the Investment Committee of Takaful Islami Insurance Limited was held in the city on Tuesday. Chairman of the investment committee Khandaker Mesbahuddin Ahmed presided over the meeting. Members of the investment committee of the company Tahmina...
Sadharan Bima Corporation (SBC) has congratulated the newly appointed State Minister for Finance Waseqa Ayesha Khan at her ministry in the city recently. Chairman of the Board of Directors of Sadharan Bima Corporation Dulal Krishna Saha and Managing Director Md...
Karnaphuli Gas Distribution Co. Ltd. (KGDCL) inaugurated the data centre of ' Prepaid Gas Meter Installation Project' at Sholashahar in Chattogram on Wednesday. Minister of State for Power, Energy and Mineral Resources Nasrul Hamid was present as the chief guest...
The United Commercial Bank (UCB) recently held a skill development training programme for 240 selected agricultural entrepreneurs from Natore district. ATM Tahmiduzzaman, additional managing director and company secretary of UCB, attended the event as the chief guest. The training session,...
Eastern Bank Limited (EBL) has launched a dedicated Korea Business Desk at its head office in Gulshan, Dhaka. The desk was inaugurated by Park Young-sik, the Ambassador of the Republic of Korea to Bangladesh, during a seminar co-sponsored by EBL...
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