Meta Platforms added $196 billion in stock market value on Friday, marking the biggest one-day gain by any company in Wall Street history after the Facebook parent declared its first dividend and posted robust results, reports Reuters.Meta's, opens new tab...
BEIJING, Feb 4 (Reuters): Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the US Embassy in Beijing.A post on Friday on protecting wild giraffes...
RIYADH, Feb 04 (Arab News): Pakistan's maritime industry is set for expansion with AD Ports Group signing a deal to boost bulk and general cargo operations at Karachi Port Trust's East Wharf. The 25-year concession agreement with Pakistan's federal government...
NEW DELHI, Feb 04 (Reuters): A Singapore arbitrator agreed to let Zee Entertainment ask an Indian tribunal to enforce a $10 billion merger with Sony's India unit that was scrapped by the Japanese firm, Zee said on Sunday.The emergency arbitrator...
ROME, Feb 04 (Reuters): Italy will invest in Enel's photovoltaic panel factory in Sicily, supporting its plan to boost production and become Europe's main site for solar panels, Prime Minister Giorgia Meloni said on Saturday."There are 90 million euros ($97...
NEW DELHI, Feb 04 (Reuters): India's central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed the information on to the country's financial crime fighting agency, three sources familiar with...
A general meeting of the Bangladesh Motorcycle Assemblers and Manufacturers Association (BMAMA) was held at the Uttara Centre in the city on Sunday. Matiur Rahman, president of BMAMA, and the chairman and Managing Director of Uttara Motors Limited, presided over...
Meritorious children of the members of Local Government Engineering Department (LGED) Kollan Somobay Somiti Ltd. were honoured at a programme at the LGED headquarters in the city on Saturday. LGED Chief Engineer & the Somity President Md Ali Akhter Hossain...
United Healthcare services celebrated the World Cancer Day on Sunday offering free cancer screening and other month-long activities on the premises of United Hospital, MA Rashid Hospital (Jamalpur) and Medix (Dhanmondi). The screening program is a proactive approach to raise...
A 20-day managers' induction training course organised by Janata Bank Staff College began in the city on Sunday. Janata Bank PLC Managing Director & CEO Md Abdul Jabbar inaugurated the programme as the chief guest. Some 25 officers of the...
Textiles and Jute Minister Jahangir Kabir Nanok speaks at a views-exchange meeting with officials of the department at the Jute Directorate at Motijheel in the city on Sunday. Secretary of the Ministry of Textiles and Jute Md Abdur Rouf, Director...
Rupali Bank held the 'Business Conference-2024' of branch managers under the Cumilla division at Courtbari in Cumilla on Friday. Managing Director and CEO of the bank Mohammad Jahangir was present as the chief guest.
Dhaka north and Dhaka south zone of Islami Bank Bangladesh organised an agent banking business development conference and workshop on the prevention of money laundering and terror financing on Sunday at a hotel in Dhaka. Mohammed Monirul Moula, managing director...
Abdullah Noman has joined as Managing Director (MD) of Dhaka Power Distribution Company Limited (DPDC) under the Power Division of the Ministry of Power, Energy and Mineral Resources, says a press release.He took over the charge at a simple ceremony...
The Bangladesh Development Comm-unication Forum (BDCF) organised the first-ever Development Commun-ication Conclave at the British Council Bangladesh on Saturday. The day-long event, sponsored by Expressions Ltd, brought together over 200 communication professionals from over 120 international and national organizations across...
FE REPORT | 2024-02-05 00:00:00
An inspection team of the Dhaka Stock Exchange (DSE) found Khulna Printing & Packaging factory shut during a visit on Sunday.In a stock exchange filing, the premier bourse informed that a DSE team went to Khulna, where the company's factory...
FE REPORT | 2024-02-05 00:00:00
Turnover of the Dhaka bourse on Sunday hit a 16-month high, riding on investors' increased participation in stocks of the major sectors.On the day, investors' buying appetite was observed across the trading floor.The major sectors such as engineering, general insurance...
FE REPORT | 2024-02-05 00:00:00
Listed Paper Processing & Packaging is going to merge with its non-listed sister concern Magura Paper Mills, with shares of the latter to be exchanged at a 2:1 ratio. After the merger, the ownership stake of sponsor-directors will increase from...
BABUL BARMAN | 2024-02-05 00:00:00
Revenue jumped in the first half of FY24, compared to FY23, but it was accompanied by higher cost of sales in the turbulent macroeconomic scenario, depriving drug makers of the pleasure of attaining the expected profit growth. Higher raw material...
RIYADH, Feb 04 (Arab News): Saudi Arabia's program to support small and medium enterprises, Kafalah, allocated SR12.1 billion ($3.22 billion) to support 5,476 initiatives as of December 2023.The SMEs received funding exceeding SR15.6 billion, with the program granting guarantees for...
NEW DELHI, Feb 04 (Reuters): Indian expects to collect up to 140 billion rupees ($1.7 billion) in goods and services tax (GST) next financial year by taxing online gambling companies, Revenue Secretary Sanjay Malhotra told Reuters on Saturday.The government in...
COLOMBO, Feb 04 (AFP): Cash-strapped Sri Lanka is "gradually" emerging from its worst economic crisis after the austerity of an IMF bailout, the president said Sunday in a speech to mark independence day.Recalling the "indignity of being labelled a financially...
PARIS, Feb 4 (Reuters): Societe Generale, France's third-biggest listed bank, is set to cut about 900 jobs in its home country this year, two sources close to the matter said, as CEO Slawomir Krupa seeks to cut costs to boost...
Customers are getting a discount of up to Tk 9,000 on refrigerators, air-conditioners, laptops, home appliances, and electronic appliances at Singer with bKash Payment, says a statement. Additionally, 10 lucky couples will win a 4-day 3-night trip to Istanbul, Turkey....
MetLife announced that it has been named to the Fortune magazine's 2024 list of the "World's Most Admired Companies." This year's list included eight life insurers in the annual report card of the best-regarded companies, says a statement.Annually, Fortune partners...
BRAC Bank in partnership with Prothoma Publications, a concern of Bangla newsaper Prothom Alo, hosted a book fair at the bank's head office on January 29-30 on the eve of commemorative month of February. Faruq Mayeenuddin, Vice Chairperson, BRAC Bank;...
Chattogram Government Women's College has opened its new canteen building constructed with funding from Al-Arafah Islami Bank PLC. Chairman of the bank Abdus Samad Labu inaugurated the building as the chief guest on Sunday at a function held on the...
A five-day 'Orientation Programme' for newly recruited 290 Senior Officers and Officers of Pubali Bank PLC began on Sunday. Managing Director & CEO of the bank Mohammad Ali was present at the inaugural ceremony as the chief guest and Deputy...
FE REPORT | 2024-02-05 00:00:00
Three journalists of The Financial Express have won the Bangladesh China Chamber of Commerce and Industry and the Economic Reporters' Forum awards (BCCCI-ERF Journalism Award-2023).State Minister for Commerce Ahsanul Islam Titu handed over the awards at a ceremony at the...
FE REPORT | 2024-02-05 00:00:00
The government's ongoing sales drive of essential items to 10 million low-income families has encountered a setback due to a lack of smart cards, according to an official document.To address the issue, the government has instructed divisional commissioners (DCs) to...
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