Chief of Naval Staff, M Nazmul Hassan, has been promoted to the rank of Admiral, reports UNB.The navy chief was conferred the new rank in the presence of Prime Minister Sheikh Hasina at the latter's official residence Ganabhaban on Sunday,...
FE REPORT | 2023-09-04 00:00:00
Bangladesh needs to adopt a holistic strategy with clear directions and framework to formalise textile waste collection and policy support to address the challenges to build a thriving circular ecosystem in the country. The country's textile and garment industry annually...
A Dhaka court on Sunday sent Sabera Aman, wife of BNP leader Aman Ullah Aman, in a case filed over acquiring wealth beyond known income source, reports UNB.Judge of Dhaka Special Judge Court-1 Abul Kashem passed the order when she...
NATORE, Sep 03 (UNB): A local Awami League (AL) leader was stabbed to death in an attack by miscreants in Lalpur upazila of Natore Sunday morning.The deceased, Osman Goni (40) was general secretary of ward-5 unit of AL, in Kadimchilan...
Agriculture Minister and Awami League (AL) Presidium Member Dr Abdur Razzaque on Sunday said the people of the country will never bring BNP to power, reports BSS."The people of the country are not with the BNP. People will never bring...
Information and Broadcasting Minister and Awami League (AL) Joint General Secretary Dr Hasan Mahmud on Sunday said BNP's main intention is to undermine and destroy the constitutional continuity and democracy, reports BSS."BNP made the ill attempts in 2014. They had...
A Dhaka court on Sunday framed charges against seven BNP and Jamaat-e-Islami leaders including BNP Secretary General Mirza Fakhrul Islam Alamgir in a vandalism case filed around 11 years back, reports UNB.Dhaka's Additional Chief Metropolitan Magistrate Tofazzal Hossain passed the...
Awami League (AL) General Secretary Obaidul Quader on Sunday said BNP leaders are making statements with intent about the announcement of the next parliamentary election schedule, reports BSS."BNP's continuous plots and ill-effort to capture the state power through backdoor have...
NEW YORK, Sept 03 (AFP): Toothpaste, chocolate, washing powder and deodorant-everyday products are increasingly under lock and key at US retailers, as petty theft and organized shoplifting rise while consumers grapple with costs of living.Major retailers Walmart and Target, drugstore...
RIYADH, Sept 03 (Arab News): The Public Investment Fund on Sunday announced the signing of a share purchase agreement to acquire a 100 percent shareholding in the Saudi Iron & Steel Co., also known as Hadeed, from the Saudi Basic...
RIYADH, Sept 03 (Arab News): In a significant development, Oman's refinery and petroleum production saw a 13.5 percent uptick at the end of July 2023, according to a report by the country's National Centre for Statistics and Information. The data...
Denmark's Novo Nordisk on Friday briefly overtook French luxury goods behemoth LVMH to become Europe's most valuable company as investors bet on the potential of its weight loss drugs, according to CNBC.Novo Nordisk's market capitalization was $421 billion including unlisted...
NEW YORK, Sept 3 (Reuters): Six private equity and hedge fund trade groups on Friday sued the US Securities and Exchange Commission (SEC), arguing the agency overstepped its statutory authority when adopting sweeping new expense and disclosure rules last week.SEC...
An Amazon shareholder lawsuit says the company snubbed SpaceX for valuable satellite launch contracts because of Jeff Bezos' personal rivalry with Elon Musk, who has taunted his fellow billionaire's space ambitions for years, according to CNBC.Cleveland Bakers and Teamsters Pension...
Saudi Aramco is considering selling a stake worth as much as $50 billion through a secondary share offering on the Riyadh bourse after consultations with advisers, the Wall Street Journal reported on Friday, reports Reuters.The sale could happen before the...
NEW YORK, Sept 3 (Reuters): Signs of rising consumer stress are prompting some fund managers to grow more conservative in their outlooks, even as the broad stock market continues to rally.While unemployment remains near historic lows, the Federal Reserve's inflation-fighting...
A Memorandum of Understanding (MoU) on research cooperation was signed between Bangladesh Council of Scientific & Industrial Research (BCSIR) and Sylhet Agricultural University at the meeting room of Bangladesh Council of Scientific and Industry Research (BCSIR) on Sunday. Chairman of...
Alliance Finance PLC (formerly Lankan Alliance Finance Ltd) has achieved Bangladesh Bank's Sustainability Rating for 2022. Kanti Kumar Saha, Chief Executive Officer of Alliance Finance PLC, received the appreciation letter from Abdur Rouf Talukdar, Governor of Bangladesh Bank, at the...
BEIJING/SHANGHAI, Sept 3 (Reuters): Chinese President Xi Jinping said on Saturday that China would widen market access in the service industry and promote cross-border services trade.Speaking via video at the China International Fair for Trade in Services (CIFTIS) in Beijing,...
Prime Bank has recently signed an agreement with Grand Sylhet Hotel & Resort at the bank's head office. Nazeem A Choudhury, deputy managing director of Prime Bank, and Syed Yameenul Huq, executive assistant manager and in-charge of sales & marketing,...
Bank Asia Limited organised a day-long 'Managers' Meet 2023' with the motto of 'Time for Transformation' in Dhaka on Saturday. Rumee A Hossain, chairman of the board executive committee, Dilwar H Choudhury, chairman of the board audit committee, and Shafiuzzaman,...
A Four-Member delegation led by Md Rezaul Karim, chairman, Shippers' Council of Bangladesh (SCB), and Vice-Chairman, Asian Shippers' Alliance, will attend the Asian Shippers' Alliance (ASA) and Global Shippers' Alliance (GSA) Annual Meeting beginning today in Petaling Jaya, Malaysia, says...
BRAC Bank has partnered with the Department of Agricultural Extension (DAE) to assist grassroots farmers in transitioning to high-yield crop varieties and sustainable cultivation techniques, says a press release.Structured as a special agriculture-focused Corporate Social Responsibility (CSR) endeavour, BRAC Bank...
Banga Building Materials Limited, a sister concern of the Pran-RFL Group, has successfully secured BDT 3.00 billion through the issuance of Bangladesh's second corporate Sukuk. The bonds were issued to reputed banks of Bangladesh, with City Bank Capital serving as...
FE REPORT | 2023-09-04 00:00:00
The stock market regulator has formed a two-member committee to find out any possible price manipulation of shares of the travel & leisure sector company --- Sea Pearl Beach Resort & Spa.The Bangladesh Securities and Exchange Commission (BSEC) seeks to...
FE REPORT | 2023-09-04 00:00:00
The securities regulator has been probing into the allegation that Rupali Insurance kept a deceased director's shares as guarantee while taking out a loan from another listed non-bank financial institution. The loan was allegedly secured from Uttara Finance & Investment,...
MOHAMMAD MUFAZZAL | 2023-09-04 00:00:00
Twenty-three listed companies have been ordered to appoint at least two independent directors within 15 days, who will ensure compliance with the regulatory requirement of minimum 30 per cent joint stake of sponsor-directors in the organisations. The firms will also...
PARIS, Sept 3 (Reuters): France is hoping to get up to 67 billion euros ($72.42 billion)worth of revenues from foreign tourists in 2023, beating last year's figure of 58 billion, said French Tourism Minister Olivia Gregoire.France is the world's most...
LONDON, Sept 3 (Reuters): The dollar is unlikely to lose its status as the global reserve currency anytime soon, even as the expansion of the BRICS group of developing nations signals another challenge to the dollar's dominance in the world...
ANAMADUWA, Sri Lanka, Sept 3 (Reuters): H.J.M Seneviratne, 63, slices through yellowed paddy stems dried out by a drought that has destroyed over 95 per cent of his crop and is threatening crisis-hit Sri Lanka's summer rice harvest.The island's economy...
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