SINGAPORE, Feb 15 (AFP): Singapore's economy grew less than expected last year, the government said Thursday as it warned geopolitical risks would continue to cause headwinds this year.The city-state's economic performance is often seen as a barometer of the global...
TOKYO, Feb 15 (Reuters): Japan's Renesas Electronics on Thursday said it would buy electronics design firm Altium for $5.9 billion in cash, as the acquisitive automotive chipmaker looks to offer digital device design to customers.The acquisition places Renesas at the...
The 40th foundation training course for newly recruited officers of Rajshahi Krishi Unnayan Bank (RAKUB) concluded at the RAKUB Training Institute in Rajshahi on Thursday. Managing Director of the bank Niranjan Chandra Debnath was present as the chief guest while...
Meghna Bank PLC opened its Noajishpur Sub-Branch at Raozan in Chattogram on Monday. ABM Fazle Karim Chowdhury, MP, inaugurated the sub-branch as the chief guest while Kimiwa Saddat, Managing Director & CEO (Current Charge) of the bank, presided over the...
With a view to creating skilled manpower, National Human Resource Development Fund (NHRDF) has recently signed agreements with six government and private institutes in the city. Rehana Parveen, Managing Director and CEO of the Fund, and the heads of the...
President of Dhaka Chamber of Commerce & Industry (DCCI) Ashraf Ahmed (third from left) paid a courtesy call on Governor of Bangladesh Bank Abdur Rouf Talukder (fifth from right) at Bangladesh Bank on Thursday. DCCI Senior Vice President Malik Talha...
Shahjalal Islami Bank signed a Memorandum of Understanding (MoU) with International Standard University (ISU) on February 15 at the bank's corporate head office. In presence of the managing director & CEO of Shahjalal Islami Bank, Mosleh Uddin Ahmed, the Additional...
The second special general meeting of Bangladesh Submarine Cable Company Limited was held virtually on Thursday. The meeting was chaired by Posts and Telecommunications Department Secretary and Company Chairman Abu Hena Morshed Zaman, while Company Director Md Abdul Momin, Mohammad...
Mercantile Bank Training Institute started two week long foundation training for its trainee assistant officers in phase four recently. A total number of 37 officers participated in the training. Md. Quamrul Islam Chowdhury, managing director & CEO of the bank,...
FE REPORT | 2024-02-16 00:00:00
Sprezzatura, a local clothing brand, started its journey in the capital on Thursday with a view to catering to the demand for high-end garments.Located at Banani, the outlet offers a wide range of men's wear ranging from shirts basic and...
Muhammad Nazrul Islam and Shahana Parvin have been elected chairman and secretary of Dhaka Branch Council (DBC) of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) for 2024, says a press release. Besides, Mannan Bapari and Md Zakaria...
FE REPORT | 2024-02-16 00:00:00
Stocks extended the losing streak for the fourth straight day on Thursday, accompanied by a decline in turnover, as risk-averse investors continued to bag profits on quick-gaining shares.Following the previous three days' downturn, the market opened on a positive note,...
FE REPORT | 2024-02-16 00:00:00
Robi Axiata has reported a record profit for 2023, supported by a robust revenue growth on inclusion of a record number of new subscribers.The country's second-largest telecom operator registered nearly a 16 per cent growth in revenue to Tk 99.42...
FE REPORT | 2024-02-16 00:00:00
The securities regulator has paved the way of avoiding junk status until the companies make their next dividend declarations. The Bangladesh Securities and Exchange Commission (BSEC) on Thursday issued a directive, saying companies will be transferred to 'Z' category if...
LONDON, Feb 15 (Reuters): Saudi state oil company Aramco has started trading a US crude oil grade that underpins the global Brent benchmark in a process run by oil-index publisher S&P Global Commodity Insights, the publisher said.Aramco on Monday sold...
NEW YORK, Feb 15 (Reuters): The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge in cocoa prices, even as inflation-hit consumers curb their purchases and company profits face a hit.Cocoa prices...
BRUSSELS, Feb 15 (AFP): The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024, as it warned geopolitical tensions spelled rising uncertainty for the single-currency area's economy.The forecasts by the EU's executive arm...
LONDON, Feb 15 (Reuters): Britain's economy fell into a recession in the second half of 2023, a tough backdrop ahead of this year's expected election for Prime Minister Rishi Sunak who has promised to boost growth.Gross domestic product (GDP) contracted...
RIYADH, Feb 15 (Arab News): Saudi Arabia's inflation remained stable at 1.6 per cent in January, compared to 1.5 per cent in December 2023, official data showed. According to the latest report from the General Authority for Statistics, the monthly...
TOKYO, Feb 15 (AFP): Once forecast to become the world's biggest economy, Japan slipped below Germany last year to fourth place, official data showed Thursday, although India is projected to leapfrog both later this decade.Despite growing 1.9 per cent, Japan's...
NRBC Bank PLC organised 'Falgun Utsob' on Wednesday to welcome the season of spring. The employees of the bank, dressed in traditional outfit, celebrated the Bengali cultural heritage with flowers and decorations at the bank's head office, branches and sub-branches....
SBAC Bank PLC opened its Sub-Branch at Sherpur in Bogura on Thursday. Director of the bank Mohammad Mahbubor Rahman inaugurated the Sub-Branch while Managing Director & CEO Habibur Rahman presided over the event. Jane Alam, Mayor of Sherpur Municipality, Sarwar...
President of CIS-BCCI (Commonwealth of Independent States-Bangladesh Chamber of Commerce & Industry) Mohammad Ali Deen had a meeting with Russian Ambassador Alexander Vikentyevich Mantytskiy at the embassy office in Dhaka on Wednesday. CIS-BCCI Vice President Jadab Debnath, Director Salma Hossain...
FE REPORT | 2024-02-16 00:00:00
World-renowned retail chain Walmart has expressed interest in deepening its engagement with Bangladesh, according to Prime Minister's Private Industry and Investment Adviser Salman F Rahman.Mr Rahman said the country's garment and other industries are experiencing a swift turnaround after weathering...
FE REPORT | 2024-02-16 00:00:00
The Appellate Division of the Supreme Court (SC) on Thursday upheld a High Court (HC) order that issued a status quo on January 29 over the demand for transfer of shares of the Dhaka Elevated Expressway project from the Italian-Thai...
The HSBC Bangladesh and Hirdaramani Group have recently signed an agreement to offer Host-to-Host payment solutions for Hirdaramani Group Bangladesh, one of the largest readymade garment manufacturers in the country, says a ststemnet. This digital service will enable Hirdaramani Group...
FE REPORT | 2024-02-16 00:00:00
Chairman of the Bangladesh Telecommunication Regulatory Commission (BTRC) Md Mohiuddin Ahmed on Thursday announced that a new registration process will begin on July 1 to stop sale of illegal mobile phones in the market. "Until June 30, any unofficial phones...
Rain/Thunders showers is likely to occur at one two places over Khulna, Barishal & Dhaka divisions and the regions of Noakhali and Cumilla until 06:00 pm today (Friday), according to the Met Office.The highest temperature in the country on Thursday...
North South University (NSU) celebrates Bashanta Utshab to welcome the first day of spring on its Bashundhara campus in the city on Wednesday. Prof Atiqul Islam, vice chancellor of university, inaugurates the programme
Public Administration Minister Farhad Hossain speaking at a meeting on 'Progress of Development Projects' at the Local Government Engineering Department (LGED) Headquarters in the city on Wednesday
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