SHANGHAI, Jan 31 (Reuters): Some Chinese automakers have had to delay deliveries of flagship models due to production issues with a computing unit made by tech giant Huawei, five people with knowledge of the matter said.Changan Auto and Chery Auto...
Nagad Limited and Prothoma, a subsidiary of MediaStar Limited (Prothom Alo), hosted a two-day book fair at Nagad head office on January 30 & 31 to offer Nagad employees an opportunity to buy their desired books. Tanvir A Mishuk, founder...
A delegation of representatives from the microcredit sector called on newly appointed Finance Minister Abul Hassan Mahmood Ali at his residence on Monday. Sector leaders, including Director-Finance of Buro Bangladesh Mosharrof Hossain, were present at the meeting. They discussed diverse...
A 15-day training on 'Foundation Course for Junior Officer (General) (Year-2023): Credit Operations Module' (1st Batch) of National Bank Ltd (NBL) ended at the National Bank Training Institute (NBTI) on Tuesday. The bank's Managing Director & CEO Md Touhidul Alam...
Kazi Food Industries Limited held a two-day Annual Business Conference 2024 at a hotel in Cox's Bazar recently. The theme of the conference was "Onwards and Upwards Together". Managing Director of Kazi Farms Group Kazi Zahedul Hasan; CEO of Kazi...
The 'Annual Sales & Marketing Conference 2023' of Square Pharmaceuticals PLC was held in Cox's Bazar on Tuesday. Managing Director of the company Tapan Chowdhury delivered the inaugural speech. The best performers of 2023 were awarded in the event. Samuel...
Prime Bank Investment Limited (PBIL), an investment bank and a wholly owned subsidiary of Prime Bank, launched its web portal 'PrimeInvest Portal' on Tuesday. Syed M Omar Tayub, managing director and CEO, of PBIL, attended the event. The newly launched...
Southeast Bank Training Institute organised a day-long workshop titled 'Self-Mastery, Attunement, Rapport Building, Teamwork (SMART), and Leadership in the Workplace'. Managing Director of Southeast Bank Nuruddin Md Sadeque Hossain awarded certificates to the participants. Dr Kazi Mostak Gausul Hoq, professor,...
Dr Md Shadi-Uz-Zaman, Managing Director of Notundhora Group, has been nominated as Co-Chairman of the FBCCI Standing Committee on Land Developers for 2023-25 term, says a statement. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) issued a letter...
FE REPORT | 2024-02-01 00:00:00
Speakers at a discussion on Tuesday emphasised the urgent need for enhancing stakeholders' capacity to capitalise on the light engineering sector's potential in the global market. The roundtable, titled "Unleashing the Export Potential of Light Engineering in Bangladesh," was organised...
FE REPORT | 2024-02-01 00:00:00
Grameenphone (GP) inaugurated its first "Tier III Standard Data Center", a groundbreaking hi-tech initiative that sets a new benchmark for reliability, efficiency, and sustainability of the network in Sylhet.Yasir Azman, Chief Executive Officer (CEO) of GP, unveiled the data center...
A delegation of Shippers' Council of Bangladesh (SCB) led by its Chairman Md Rezaul Karim paid a courtesy call on Prime Minister Sheikh Hasina at Gonobhaban on Wednesday and congratulated her on her assumption of office for the fifth time....
FE REPORT | 2024-02-01 00:00:00
United Power Generation & Distribution Company's profit dropped 4 per cent year-on-year to Tk 2.78 billion in the second quarter of FY24, owing to high borrowing costs and foreign currency transaction loss.The profit decline was accompanied by an 18 per...
FE REPORT | 2024-02-01 00:00:00
The state-owned Titas Gas is going to issue preference shares worth nearly Tk 2.83 billion against funds received from the government to comply with a three-year-old regulatory order.Its board at a meeting on Tuesday decided to hold an extraordinary general...
FE REPORT | 2024-02-01 00:00:00
ACI Limited has reported a loss of Tk 350 million for the second quarter of FY24, more than 90 per cent of which was borne as additional finance cost for higher interest rates. Its assets worth Tk 97.44 billion are...
FE REPORT | 2024-02-01 00:00:00
Square Pharmaceuticals gained a 6.43 per cent year-on-year growth in profit to Tk 10.23 billion in July-December, FY24.Its revenue was up 15 per cent year-on-year during the period but higher operating expenses and cost of goods sold narrowed the profit...
Visa, the global leader in digital payments, on Wednesday announced the launch of the fourth edition of Visa Accelerator Programme with an open call for applications, says a statement. The initiative aims to enable startups in Bangladesh to unlock growth...
SYLHET, Jan 31 (UNB): The import of stone through land ports in Sylhet divisions, which remained suspended since January 7, resumed on Wednesday.Md Atik Hossain, president of Sylhet District Stone Importer Group, said the importers halted the import of stone...
BRAC Bank has recently honoured its top business performers of SME Banking for their outstanding business performance in 2023.The bank organised the recognition ceremony styled "SME Champions' Meet 2023" in Dhaka to acknowledge and celebrate the tremendous success of the...
JUBAIR HASAN | 2024-02-01 00:00:00
Bangladesh's largest commercial bank Sonali Bank PLC sets sights on solidifying its financial footing by bringing down non-performing loans (NPLs) to single digits and completely eliminating capital and provisional shortfalls by the end of 2026.This ambitious target rests on the...
DOULOT AKTER MALA | 2024-02-01 00:00:00
Bangladesh Export Processing Zones Authority (BEPZA) has moved to transition from fossil fuel to renewable energy and sought fiscal support for its industries like that of being provided to the ones located outside the export processing zones (EPZs).It found existing...
Gold prices were set to end January in negative territory, snapping a three-month gaining streak on Wednesday, following lowered expectations of early interest rate cuts ahead of the US central bank's outlook on policy rates later in the day, reports...
ONE Bank PLC organised two separate daylong trainings on 'Financial Skills Development for Non-Commerce Students' under its CSR activities at the bank's Training Institute at Kaliakair in Gazipur recently. Students from the Department of International Relations and Department of Journalism...
LONDON, Jan 31 (Reuters): Oil prices fell on Wednesday, pressured by lacklustre economic activity in leading crude importer China, but a first monthly gain since September remained in sight as flaring tensions in the Middle East heightened supply concerns.Brent crude...
Fantasy Kingdom Complex is set to organise a kite festival titled "Polar Ice Cream Presents Moner Shukhe Urai Ghuri" to be held tomorrow (Friday), according to a press release.The festival is open for all ages of people.The thrilling experience of...
ZURICH, Jan 31 (AP): Soccer clubs worldwide spent a record $9.63 billion last year buying players in international transfer deals processed by FIFA, soccer's governing body said in research published on Tuesday.Ahead of a slow January trading window closing in...
Mitchell Marsh's one-day international dominance in the year Australia won the 50-over World Cup in India lifted him to a popular victory in the Allan Border Medal count in Melbourne on Wednesday, according to Australia's daily newspaper The Sydney Morning...
VISAKHAPATNAM, India, Jan 31 (AFP): India will bank on a traditional approach to bounce back in their second home Test against England, the team's batting coach said Wednesday, despite the tourists finding success with their attacking "Bazball" strategy.England trumped the...
Former Bangladesh captain Mashrafe Bin Mortaza has decided to take a break from the ongoing Bangladesh Premier League (BPL) season after facing five consecutive defeats with his team, Sylhet Strikers, report agencies.Sylhet Strikers, under Mashrafe's leadership, endured a challenging start...
Bangladesh Under-19 Women's team stayed unbeaten in the group phase of Women's U-19 Tri nation T20 tournament after beating Pakistan by four wickets at Sheikh Kamal International Cricket Stadium in Cox's Bazar on Wednesday, reports BSS.This was the second time...
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