BENGALURU/LONDON, Oct 10 (Reuters): Investors ditched renewable energy funds at the fastest rate on record in the three months to end-September as cleaner energy shares took a beating from higher interest rates and soaring material costs, which are squeezing profit...
Pragati Life Insurance Limited and the Ultra-Poor Graduation Programme (UPG) of BRAC have signed a MoU to jointly introduce a life and health insurance product for ultra-poor households. The agreement was signed by Md. Jalalul Azim, Chief Executive Officer of...
Rural people can now easily pay postpaid bills of Bangladesh Rural Electrification Board (BREB) through Nagad app.To this end, the country's leading mobile financial service provider signed an agreement with the BREB at a hotel in Dhaka on Monday, says...
To celebrate the milestone of 25,000 agricultural entrepreneurs, ACI Motors launched the Special Black Edition of Sonalika Tractor at a hotel in Cox's Bazar recently. Dr. FH Ansarey, Managing Director of ACI Motors, Subrata Ranjan Das, Executive Director, and other...
Union Bank Training Institute organised a workshop on 'Financial Reporting Act, 2015' recently. Deputy Managing Director of the bank Shafiuddin Ahmed was present at the inaugural session as the chief guest while Deputy Secretary of Ministry of Finance Md Jehad...
BRAC Bank has signed an Employee Banking agreement with Unilever Bangladesh Limited (UBL) and Unilever Consumer Care Limited (UCL). Under this agreement, employees of Unilever are set to enjoy a seamless and delightful banking experience, including salary accounts, multi-currency debit...
The Premier Bank Limited has won Visa's "Excellence In Consumer Cards - Travel Prepaid" award at the Visa Leadership Conclave 2023 - Towards a Cashless, Smart Bangladesh, recently held in Dhaka. Managing Director and CEO M Reazul Karim received the...
MARRAKECH, Morocco, Oct 10 (Reuters): The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said overall global growth remained low and uneven despite what it called the "remarkable strength" of the US...
FE REPORT | 2023-10-11 00:00:00
The stock market watchdog of Bangladesh has approved of Best Holdings' proposal to collect Tk 3.5 billion through an initial public offering. Best Holdings, the owning entity of Le Méridien Dhaka, will invest this money in extending hospitality business outside...
BABUL BARMAN | 2023-10-11 00:00:00
An inspection team of the Dhaka Stock Exchange (DSE) found Northern Jute Manufacturing Company shut in a recent visit and disclosed the information to investors through its website repeatedly.They went to the place where the company is located in Kushtia...
NEW DELHI, Oct 10 (Reuters): Russia has overtaken the United Arab Emirates (UAE) to become India's top naphtha supplier, data shows, as New Delhi takes advantage of discounted Russian oil products and the re-routing of trade flows in the aftermath...
PepsiCo Inc said on Tuesday it planned "modest" price hikes next year as demand held up despite multiple increases that prompted the snacks and beverages giant to raise its 2023 profit forecast for a third straight time, reports Reuters.PepsiCo, which...
Levi Strauss & Co cut its annual forecasts for the second time last week after missing third-quarter sales estimates, reeling from hefty promotions and falling demand at wholesale channels in North America, reports Reuters.Gloomy consumer spending has hit retailers like...
MARRAKECH, Morocco, Oct 10 (Reuters): Rising debt levels among "seemingly healthy" countries in Asia could drag growth in the region below currently forecast levels, World Bank Chief Economist Indermit Gill told Reuters in an interview on Monday.Gill said he remained...
Gold prices edged down on Tuesday after clocking a sharp rise in the last session as risk sentiment improved and bond yields rebounded, while investors awaited the US inflation data due later this week, reports Reuters.Spot gold climbed to $1,865.19...
KUALA LUMPUR, Oct 10 (Reuters): Malaysia's palm oil stockpiles hit an 11-month high at the end of September, data from the Malaysian Palm Oil Board (MPOB) showed on Tuesday, raising concerns about demand for the commodity.Inventories rose 9.6 per cent...
HOUSTON, Oct 10 (Reuters): Oil prices oil fell more than $1 a barrel on Tuesday, continuing a slide that began earlier in the day with traders focused on demand levels but still cautious as they watched for potential supply disruptions...
NEW YORK, Oct 10 (BBC): San Francisco police have shot and killed a man who crashed his car into the Chinese consulate on Monday. A police statement said the unidentified man was shot after officers arrived at the scene.Footage online...
WASHINGTON, Oct 10 (AFP): US President Joe Biden has been questioned as part of an investigation into the handling of classified documents found at his home and former private office, the White House said Monday.A furor over the secret papers...
BANGKOK, Oct 10 (BBC): At least 29 people, including children, have been killed in an artillery strike on a displaced persons camp in north-east Myanmar, near the Chinese border.The camp is in an area controlled by the Kachin Independence Organisation...
NEW YORK, Oct 10 (Reuters): Prominent Harvard University alumni on Monday denounced a pro-Palestinian statement from students that blamed Israel for violence engulfing the region and urged the university to take action against the signatories.The Islamist militant Hamas movement, which...
TAIPEI, Oct 10 (Reuters): Taiwan seeks "peaceful coexistence" with China with free and unrestricted interaction but the island will be democratic for generations to come, President Tsai Ing-wen said in her last national day speech on Tuesday.Taiwan, claimed by China...
CHUADANGA, Oct 10 (UNB): A Chuadanga court has sent the student of Victoria Jubilee Government High School over slapping a teacher to a government-run Child Development Centre in Jashore.The Chuadanga Women and Children Repression and Prevention Tribunal Judge Musrat Jerin...
NARAYANGANJ, Oct 10 (UNB): Two fish traders were killed and four others injured as a pickup van carrying them hit a stationary truck on Dhaka-Chattogram Highway at Shimrail intersection in Siddhirganj upazila of Narayaganj on Tuesday.The dead are Rampad Chandra...
OUR CORRESPONDENT | 2023-10-11 00:00:00
RAJSHAHI, Oct 10: Incessant rainfalls for several days have brought the fish farming sector in Rajshahi district to its knee causing extensive losses to those involved in it. Fish from 752 ponds got washed away due to heavy rains, causing...
NEW DELHI, Oct 10 (PTI): India opener Shubman Gill, who is currently down with dengue, was hospitalised in Chennai after his platelet count dropped below 100,000 but has been subsequently released as he still remains a doubtful starter for the...
The Bangladesh National Football Team safely reached the Maldives capital Male on Tuesday afternoon to play the Qualification Round-1 match of the FIFA World Cup 2026 against the hosts, the Maldives, reports UNB.A 32-member Bangladesh football team, without three key...
LONDON, Oct 10 (Agencies): Cricket's long Olympic exile could finally come to an end this week when Games chiefs meet in Mumbai to finalise the programme for Los Angeles 2028.Cricket was played at the Olympics only once, in Paris in...
NEW DELHI, Oct 10 (AP): Beating five-time champion Australia in its opening match has given India extra confidence for the rest of the group stage at the Cricket World Cup.The tournament hosts take on Afghanistan on Wednesday in the second...
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