FE Today Logo

Search results for:


Protection Fund to compensate clients of scam-hit brokers

MOHAMMAD MUFAZZAL | 2023-10-04 00:00:00

The Investors' Protection Fund (IPF) of the Dhaka Stock Exchange (DSE) will disburse for the first time Tk 250 million to compensate investors, who fell victim to scams committed by four brokers. In a directive signed on Sunday, the Bangladesh...

Ruble slumps again as Russia's economic woes mount

2023-10-04 00:00:00

MOSCOW, Oct 3 (AFP): Russia's currency fell against the dollar on Tuesday, continuing to weaken on signs the country's economy is facing slower growth and higher inflation as the fighting in Ukraine drags on.The ruble crossed the psychological threshold of...

Mohammad Jahangir Alam and Engineer Md Nurul Aktar elected chairman and vice chairman of Chartered Life Insurance Company

2023-10-04 00:00:00

Mohammad Jahangir Alam and Engineer Md Nurul Aktar have recently been elected chairman and vice chairman of Chartered Life Insurance Company Limited respectively. They were elected at the 74th meeting of the board of directors of the company. Mohammad Jahangir...

NRB BANK SIGNS AGREEMENT WITH ASTRA AIRWAYS

2023-10-04 00:00:00

NRB Bank Limited has signed an agreement with Astra Airways Limited. In presence of Mamoon Mahmood Shah, Managing Director & CEO of NRB Bank Limited, Md. Shaheen Howlader, Deputy Managing Director of the bank, and Mohammad Mozammel Haque Bhuiya, Head...

Dhaka Bank launches co-branded credit card with BIP

2023-10-04 00:00:00

Dhaka Bank Limited has launched an exclusive co-branded credit cards with Bangladesh Institute of Planners (BIP) in association with Visa. The credit card was jointly unveiled by Mohammad Abu Jafar, Acting Managing Director of Dhaka Bank, and Mohammad Fazle Reza...

Sri Lankan economy to grow by 1.7pc in 2024: World Bank

2023-10-04 00:00:00

COLOMBO, Oct 3 (Xinhua): Sri Lanka's economy is expected to grow by 1.7 percent in 2024 after contracting by 3.8 percent in 2023, the World Bank said in its twice-a-year update on Tuesday.The World Bank said that the outlook is...

Towfika Aftab re-elected chairperson of Citizens Bank

2023-10-04 00:00:00

Towfika Aftab has been unanimously re-elected the chairperson of the Board of Directors of Citizens Bank PLC recently. Mrs. Aftab, born in a respectable Muslim family of Cumilla district, obtained master's degree in political science and LLB from the University...

Garment factories going green, driven by buyers and competition

FE REPORT | 2023-10-04 00:00:00

Self-motivation, market-driven factors including buyer requirements, and sustaining competitiveness are the key factors that motivate the greening of garment and textile factories in the country, according to a new Centre for Policy Dialogue (CPD) study. It also found that government...

Soybeans at 3-month low

2023-10-04 00:00:00

PARIS/CANBERRA, Oct 3 (Reuters): Chicago soybean futures fell on Tuesday to a new three-month low as improving signs for the US harvest and a brisk start to planting in Brazil created supply pressure.Corn ticked lower as the US harvest also...

Boeing sets record 737 production goal for July 2025

2023-10-04 00:00:00

WASHINGTON, Oct 3 (Reuters): Boeing plans to push production of its bestselling 737 narrowbody jet to a record of at least 57 per month by July 2025, reflecting rising orders and the company's recovery after the 737 MAX crisis, according...

Gold down for 7th day

2023-10-04 00:00:00

Gold prices ticked lower for the seventh straight session on Tuesday, slipping to a seven-month low on a stronger dollar and prospects of a hawkish Federal Reserve stance, while attention turned to US job openings data, reports Reuters.Spot gold was...

Mitsubishi sees copper output up 34pc in H2

2023-10-04 00:00:00

TOKYO, Oct 3 (Reuters): Japan's Mitsu-bishi Materials Corp plans to produce 217,002 tonnes of refined copper in the second half of the 2023/24 financial year, it said on Monday, up 34 per cent from the same period a year earlier.The...

Ukraine's grain exports fall 10pc in Sept

2023-10-04 00:00:00

KYIV, Oct 03 (Reuters): Ukrainian grain exports fell 10 per cent to 2.1 million tonnes in September versus August due to difficulties in export logistics and Russian shelling on key export facilities, the UCAB agricultural business association said on Tuesday.Exports...

Oil prices dip on strong US dollar

2023-10-04 00:00:00

LONDON, Oct 3 (Reuters): Oil prices dipped on Tuesday, after falling to a three-week low in the previous session, on a stronger US dollar, a darkening global macroeconomic outlook and mixed supply signals.Brent futures crept 56 cents lower to $90.15...

News in Brief(2023-10-04)

2023-10-04 00:00:00

Nepal hit by two earthquakes, triggering landslideKATHMANDU, Oct 03: Two earthquakes rocked western Nepal on Tuesday, injuring 11 people, damaging homes and triggering a landslide that blocked a major highway, authorities said. The landslide after the quakes of magnitude 6.3...

Mexico president slams US military support for Ukraine

2023-10-04 00:00:00

MEXICO CITY, Oct 03 (Reuters): Mexican President Andres Manuel Lopez Obrador on Monday panned US military aid to Ukraine, suggesting it was "irrational," and stepped up criticism of the war effort as he urged Washington to devote more resources to...

Putin may hint he will run in Russia’s 2024 election

2023-10-04 00:00:00

MOSCOW, Oct 03 (Arab News): Russian President Vladimir Putin may soon indicate he will take part in a 2024 presidential election, Kommersant newspaper reported on Tuesday, paving the way for the Kremlin chief to stay in power until 2030.As part...

29 Niger soldiers killed by militants

2023-10-04 00:00:00

NIAMEY (Niger), Oct 03 (AFP): Twenty-nine soldiers were killed in western Niger in an attack by suspected jihadists, the defence ministry said on Monday night, declaring a three-day national mourning period.The soldiers were targeted using "improvised explosive devices and kamikaze...

'Probable' Israel strike kills six Syria fighters

2023-10-04 00:00:00

BEIRUT, Oct 03 (AFP): A "probable Israeli air strike" on Syria killed six pro-Iranian fighters in the eastern province of Deir Ezzor near the border with Iraq, a war monitor said Tuesday.Separately, the Syrian defence ministry said an Israeli strike...

Indian police launch raids on journalists, activists

2023-10-04 00:00:00

NEW DELHI, Oct 03 (AFP): Indian police raided the homes of at least eight journalists and activists on Tuesday, local media reported, deepening concerns over a crackdown in a country where media freedom has nosedived.Those raided are reported to be...

Three killed in shooting in Bangkok Major Shopping Mall

2023-10-04 00:00:00

BANGKOK, Oct 03 (AP): A shooter opened fire inside a major shopping mall in the centre of Thailand’s capital Tuesday afternoon, killing three people before being apprehended, authorities said.Police said a suspect was apprehended less than an hour after the...

India tells Canada to withdraw 41 diplomats over Sikh murder rift

2023-10-04 00:00:00

NEW DELHI, Oct 03 (Al Jazeera): India has told Canada that it must repatriate 41 diplomats by October 10, according to The Financial Times newspaper.Ties between India and Canada have become strained over Canadian suspicion that Indian government agents had...

Ronaldo gets first Asian Champions League goal

2023-10-04 00:00:00

Cristiano Ronaldo scored his first goal in the Asian Champions League in Al-Nassr's 3-1 win over Istiklol on Monday to shift attention back to soccer after an earlier match between Sepahan of Iran and Saudi Arabia's Al-Ittihad was controversially canceled,...

BD concede 18-55 point defeat to India

2023-10-04 00:00:00

Three-time silver medalists of Asian Games Bangladesh Men's Kabaddi team suffered 18-55 point defeat to India in their 2nd Group A match of the 19th Asian Games Kabaddi at the Xiaoshan Guali Sports Center in Hangzhou on Tuesday, reports UNB.India...

Hawkers busy brisk business as stage set for World Cup opener

2023-10-04 00:00:00

AHMEDABAD, India, Oct 03 (AFP): If you can judge a tournament by the number of replica tops sold, the Cricket World Cup in India opening this week already has a winner -- home superstar batsman Virat Kohli.On the crowded streets...

Is World Cup 2023 opening ceremony being called off?

2023-10-04 00:00:00

The opening ceremony of the much-anticipated ICC Men's ODI World Cup 2023 has been postponed for unexplained reasons.In a report on Rev Sports (Indian Sports portal), it's been disclosed that the traditionally held opening ceremony for this grandest cricketing event...

Bangladesh reach Dharamsala for their 1st WC encounter

2023-10-04 00:00:00

The Bangladesh cricket team has reached Dharamshala, the designated venue for their first ICC World Cup against Afghanistan match, scheduled for October 07, reports UNB.Their second match will also be held in Dharamshala against England on October 10. However, Bangladesh...

Man gets life in drug case in Joypurhat

2023-10-04 00:00:00

JOYPURHAT, Oct 03 (BSS): A court has sentenced a man to life-term imprisonment in a drug case filed with Panchbibi thana of the district in 2021.The convict is to Harunur Rashid Tutul (42), hailing from Bogura Sadar upazila Judge of...

College student stabbed by mugger in Rajshahi dies

2023-10-04 00:00:00

RAJSHAHI, Oct 03 (UNB): A college student who was injured in an attack by snatcher on September 17 succumbed to his injuries at Rajshahi Medical College Hospital (RMCH) on Tuesday.The dead, Nishad Akram (24), was a third-year student of Statistics...

Fugitive convict held in Fatikchhari

2023-10-04 00:00:00

LAKSHMIPUR, Oct 03 (BSS): Members of Rapid Action Battalion (RAB) in a drive arrested a fugitive convict from Fatikchhari upazila in Chattogram district on Tuesday. The convict, Ibrahim Khalil (40), hailed from Charlakshmi village in Ramgati upazila.Lieutenant Commander Mahmudul Hasan...