FE REPORT | 2023-10-14 00:00:00
Bangladesh is going to observe the World Standards Day 2023 today (Saturday) aiming to promote sustainable global standard. The day, observed on October 14 every year, serves as a global reminder of the importance of maintaining high standards for products...
Home Minister Asaduzzaman Khan Kamal on Friday 0said BNP Publicity Secretary Shahid Uddin Chowdhury Anni, who was arrested in two cases, was not tortured but he lied in the court, reports BSS."Anni did not take bail. So, he was arrested...
Saifuddin Ahmed Moni, the general secretary of the Democratic League (DL), passed away on Friday. He was 68, reports UNB.His elder brother Mainuddin Ahmed said Moni breathed his last around 12 noon while undergoing treatment at Birdem Hospital in Mirpur.
The much-anticipated biopic of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman 'Mujib: The Making of a Nation' was released on Friday at 153 theatres across the country, reports UNB.Crafted by renowned Bollywood filmmaker Shyam Benegal, the biographical film...
Several Islamic parties on Friday brought out protest rallies from the national mosque Baitul Mukarram condemning Israeli attack on Gaza, reports UNB.Protesters from Islami Oikya Jote, Islami Andolon Bangladesh, Khilafat Majlis and other like-minded parties brought out rallies after the...
FE REPORT | 2023-10-14 00:00:00
Bangladesh Nationalist Party (BNP) alleged on Friday that the country's economy has been depleted by unbridled corruption and siphoning off money abroad by the ruling class and mismanagement in the banking sector as well. BNP Secretary General Mirza Fakhrul Islam...
Awami League (AL) General Secretary Obaidul Quader on Friday said the ruling AL will not compromise with BNP, reports BSS."At the end of 36-day ultimatum, it will be seen who is stronger and who will paralyze whom. This crowd of...
Global equity funds observed huge outflows in the week to Oct. 11 on worries over higher interest rates and heightened geopolitical tensions in the Middle East, reports Reuters.Investors also showed caution in anticipation of a key report on U.S. inflation,...
Asia-Pacific markets fell on Friday, with Hong Kong stocks leading the losses, as investors digest China's inflation and trade data for September, reports CNBC.China's consumer price index for September came in flat, lower than a 0.2 per cent climb which...
Exim Bank has recently signed a participation agreement with the Financial Sector Support and Strategic Planning Department (FSSSPD) of Bangladesh Bank for availing refinances facility in US dollar. Managing Director and CEO of Exim Bank Mohammad Feroz Hossain and the...
Prime Bank Investment Limited (PBIL), a fully-fledged investment bank and a wholly-owned subsidiary of Prime Bank Limited, has launched PrimeInvest, a comprehensive discretionary product suite aiming to ease access to investment for individual and institutional investors, says a press release....
FE REPORT | 2023-10-14 00:00:00
Doreen Power Generations and Systems saw its lowest profit in seven years as the sharp devaluation of local currency against the US dollar squeezed margins.The power generation company made a consolidated profit of Tk 645 million in FY23, the lowest...
FE REPORT | 2023-10-14 00:00:00
Stocks bounced back in the outgoing week from a two-week losing streak, as bargain hunters put funds on selective small-cap shares, hoping to reap short-term gains.The investors continued to target low-cap stocks as many such companies, including Deshbandhu Polymer, Sonali...
SEOUL, Oct 13 (Reuters): Kia Corp on Thursday unveiled three new small-to-medium sized electric vehicles (EV) to try to attract a wider range of customers and accelerate its electrification drive.The South Korean automaker said it planned to offer two electric...
MUMBAI, Oct 13 (Reuters): The Indian rupee's valuation against currencies of major trading partners has surged to a near two-year high on central bank intervention and elevated domestic inflation.The rupee's 40-currency real effective exchange rate (REER) shows the rupee was...
RIYADH, Oct 13 (Arab News): Saudi Arabia is seeing steady growth in e-commerce businesses, with the total number of registered firms touching 36,330 in the third quarter of 2023 - an annual rise of 12 per cent. The latest data...
BUENOS AIRES, Oct 13 (AFP): Annual inflation in Argentina rose to 138 per cent in September, official figures showed Thursday, as economic woes mount ahead of a pivotal presidential election.Argentines are already struggling to make ends meet, with about 40...
SINGAPORE, Oct 13 (AFP): Singapore's economy grew faster than expected in the third quarter, preliminary government estimates showed Friday, as construction and services made up for a continued slump in manufacturing.Gross domestic product expanded 0.7 per cent year-on-year in the...
MARRAKESH (Morocco), Oct 13 (AFP): Zambia is close to signing a long-sought debt deal with its foreign creditors, an IMF spokesperson said Thursday after the institution's chief prematurely announced it was signed.Zambia reached an agreement in principle with creditors, which...
BEIJING, Oct 13 (Reuters): China released a mixed batch of economic data on Friday showing a slump in exports and imports was gradually easing, but lingering deflationary pressures underlined the challenges policymakers face in trying to engineer a stronger economic...
STOCKHOLM, Oct 13 (Reuters): Ericsson on Wednesday announced a 32 billion Swedish crown ($2.9 billion) impairment charge related to its acquisition last year of Vonage, and said core profits fell in the third quarter as demand tumbled in North America.The...
WASHINGTON, Oct 13 (Reuters): Electric vehicle (EV) sales in the United States jumped to more than 300,000 for the first time in the third quarter, but industry leader Tesla's market share slipped to the lowest on record, a report by...
The National Youth Entrepreneurship Summit- 2023 was held on Friday with the participation of aspiring young entrepreneurs across Bangladesh, reports UNB.In Association with the Society for Bangladesh Agricultural Extension Network (BAEN), the Agreen Foundation organised the event at the KIB...
First Security Islami Bank PLC organised a daylong meeting in Khulna on Friday with participation of managers, managers operations and sub-branch in-charges under the branches of Khulna and Barishal zone of the bank. Syed Waseque Md Ali, Managing Director of...
MARRAKESH (Morocco), Oct 13 (BSS): Mentioning various measures of the government to address macroeconomic challenges, the International Monetary Fund (IMF) has observed that Bangladesh economy is on the right track."I think, the economy is on right track in terms of...
European gas prices rallied in the week to Oct. 13 as geopolitical risk factors trumped supply and demand fundamentals with coal and carbon prices only registering moderate gains, reports The Economic Times.Gas price benchmark TTF front-month jumped 46 per cent...
LAUNCESTON, Australia, Oct 13 (Reuters): Iron ore investors appear to be taking the view that bad news is actually good news, bidding up the spot price even as the property woes afflicting top importer China appear to be worsening.The somewhat...
BERLIN, Oct 13 (AFP): Germany will avoid gas shortages in the coming winter, Berlin's economy minister said, dodging the worst scenarios predicted after Russian gas supplies to the country were cut last year."The (gas) reserves are full. If everything goes...
LONDON, Oct 13 (Reuters): Oil prices leapt $3 on Friday after the US tightened its sanctions programme against Russian crude exports, raising supply concerns in an already tight market, with global inventories forecast to decline through the fourth quarter.Brent futures...
SINGAPORE, Oct 13 (Reuters): Gold jumped more than 2 per cent and was set for its best week in seven months on Friday, as conflict in the Middle East lifted safe-haven demand for the metal, combined with expectations that the...
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