BEIJING, Sept 21 (Reuters): China's economic slowdown is polarising government advisers over the best way forward, with advocates of structural reforms now emerging from the shadows in a challenge to others calling for more state spending to shore up faltering...
The 27th Annual General Meeting of Prime Insurance Company Limited was held on Wednesday on a virtual platform. Suzadur Rahman, chairman of the company's board of directors, presided over the meeting. The meeting approved 10 per cent cash dividend for...
United Aygaz LPG Ltd. has signed a deal with SINGER Bangladesh to offer a special discount benefit to their distributors, retailers and delivery personnel. CEO of United Aygaz LPG Ahmet Ercüment Polat and Managing Director & CEO of SINGER Bangladesh...
JMI Group, one of the leading companies in the pharmaceutical and medical equipment manufacturing sector of the country, celebrated the 'World Peace Day-2023' with various programmes on Thursday. Founder and Managing Director of JMI Group Md Abdur Razzaq inaugurated the...
The Premier Bank Limited organised 'Excellence in Education' - a recognition and award ceremony - at a city hotel on Wednesday to honour English medium school teachers. M Reazul Karim, managing director and CEO of the bank, presided over the...
NCC Bank launched a reloadable Visa consumer prepaid card at its head office on Tuesday. Chairman of the bank Md Abul Bashar, Vice-Chairman Sohela Hossain, Managing Director and CEO Mohammad Mamdudur Rashid, Additional Managing Director M Shamsul Arefin, along with...
OpenAI on Wednesday unveiled Dall-E 3, the latest version of its text-to-image tool that uses its wildly popular AI chatbot ChatGPT to help fill in prompts, reports Reuters.Dall-E 3 will be available to ChatGPT Plus and Enterprise customers in October...
Bata Group, a renowned footwear brand, celebrated its Founder's Day on Thursday, says a press release.The Founder's Day marks the anniversary of the company's establishment back in 1894. To commemorate this event, Bata Children's Programme (BCP)'s Chairman Monica Pignal Bata...
Md Akikur Rahman has been elected vice chairman of the board of directors and chairman of the executive committee of Southeast Bank Limited, according to a statement.Mr Akikur Rahman was born on February 15, 1945 at Sunarpara, Nabarun, Sylhet. He...
Mutual Trust Bank Limited (MTB) announced the promotion of four of its senior executive vice presidents (SEVPs) to the posts of deputy managing director. The promoted persons are Md Bakhteyer Hossain, Md Shamsul Islam, Usman Rashed Muyeen and Md Shafquat...
FE REPORT | 2023-09-22 00:00:00
The Dhaka bourse failed to stay in the green territory for the second session on Thursday as cautious investors preferred to realize gains from the recent rallies.Green Delta Insurance, Pubali Bank, Pioneer Insurance Company, Bangladesh General Insurance Company and Gemini...
FE REPORT | 2023-09-22 00:00:00
SME company Mostafa Metal Industries is set to issue non-convertible, zero-coupon bonds worth Tk 180 million for business expansion.The issuance of the bonds was approved at the latest annual general meeting of the company, according to a stock exchange filing...
FE REPORT | 2023-09-22 00:00:00
Pharma Aids has planned to increase production by 20 per cent to meet the growing demand but through toll manufacturing. The company's capacity falls short to manufacture a higher volume of glass ampoules than what it produces now, and that...
Target, an American retail company, said on Tuesday it would hire nearly 100,000 employees for the holiday season, a number that has been consistent over the last two years, and offer discounts as early as October to attract inflation-weary shoppers,...
OTTAWA, Sept 21 (Reuters): Canada's annual inflation rate in August jumped to 4.0 per cent from 3.3 per cent in July on higher gasoline prices, while two of the three core inflation measures also rose, Statistics Canada said on Tuesday.Analysts...
LONDON, Sept 21 (Reuters): Carmakers, which have invested billions on electric vehicles, slammed Britain's move to delay a 2030 ban on the sale of new petrol and diesel cars, saying it would disrupt supply chains and slow the transition to...
HSBC Holdings said on Wednesday it plans to allocate $1 billion in financing to support emerging climate-tech companies around the world, in a push to help reduce carbon emissions, reports Reuters.The financing is expected to support start-ups in EV charging,...
M Khairul Bashar has been appointed Managing Director of MIDAS, says a press release.In its recent Board Meeting, MIDAS welcomed Mr Bashar as its new Managing Director. The Board of Directors expressed their trust in Mr Bashar to lead MIDAS...
WASHINGTON, Sept 21 (Reuters): The US Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job...
Nagad, a popular mobile financial service provider in Bangladesh, has achieved the Visa Excellence Awards 2023 for its outstanding contribution to boosting digital payments in the country, says a press release.Visa, a leading digital payment entity, recently felicitated its partner...
FE REPORT | 2023-09-22 00:00:00
A three-day regional tourism fair has kicked off in the capital, aiming to promote cross-border connection, enhance cultural exchange and drive economic growth.The fair styled '10th Asian Tourism Fair and Bangladesh Tourism Development Summit 2023' began at Bangabandhu International Conference...
FE REPORT | 2023-09-22 00:00:00
A number of disincentives are hindering the inflow of more investments from the United States, a US diplomat said on Thursday, stressing the need for improving Bangladesh's investment climate.He listed challenges of payment systems, inability to repatriate earnings and revenue,...
BEIJING, Sept 21 (Reuters): China's aluminium imports jumped 38.9% in August from a year earlier, customs data showed on Monday, boosted by more buying on the back of low domestic stocks and better demand prospects.China, the world's biggest consumer and...
LONDON, Sept 21 (Reuters): Oil prices rebounded from $1 down to $1 up in trading on Thursday, after a Russian ban on fuel exports snapped focus away from Western economic headwinds and back to throttled crude supply to the end...
Gold extended its decline for the third straight session on Thursday, as dollar and treasury yields rallied after the Federal Reserve reinforced its higher-for-longer strategy on interest rate hikes, reports Reuters.Spot gold shed 0.3 per cent to $1,923.26 per ounce...
LONDON, Sept 21 (Reuters): Shell said on Thursday it is seeking partners to invest in renewable assets developed and operated by its Indian business Sprng Energy as part of CEO Wael Sawan's effort to boost profits.Sprng, which Shell acquired from...
MOSCOW, Sept 21 (Reuters): Russia has introduced temporary restrictions on exports of gasoline and diesel in order to stabilise the domestic market, the government said on Thursday.It did not specify how the restrictions would work. The energy ministry said separately...
MOHALI, India, Sept 21 (Agencies): A three-match ODI series between India and Australia is all set to begin on Friday at the PCA stadium in Mohali. The series will be like a dress rehearsal for the two teams ahead of...
JOHANNESBURG, Sept 21 (AFP): Fast bowlers Anrich Nortje and Sisanda Magala have both been ruled out of the Cricket World Cup because of injury, Cricket South Africa announced on Thursday.They will be replaced by all-rounder Andile Phehlukwayo and fast bowler...
Argentina tightened its grip at the top spot of the FIFA World Ranking after the latest update was issued on Thursday by the game's governing body FIFA, report agencies.Argentina, who replaced Brazil at the summit in April, remained top after...
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