Bangladesh and Iraq are keen to achieve trade and investment potentials through deepening bilateral collaboration to bring benefits for both sides, report agencies.The interest was expressed when a delegation of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), headed by its...
Abdus Samad Labu has been elected as the chairman of Al-Arafah Islami Bank Limited (AIBL) unanimously at the 390th meeting of the board on Sunday, according to a statement.Mr Samad is one of the founding directors of AIBL. He is...
FE REPORT | 2023-08-22 00:00:00
The Dhaka bourse closed the Monday's session with a moderate gain both in broad index and turnover value riding on investors' increased participation in 'A' category companies.On the day, the Dhaka Stock Exchange (DSE) posted the highest turnover, Tk 4.96...
FE REPORT | 2023-08-22 00:00:00
Four more closed-end mutual funds, managed by RACE Management, declared cash dividends amounting to Tk 407.70 million for FY23 on Monday.The average cash dividends for the four MFs are 4.13 per cent, said an official of RACE Asset Management.With this,...
Green Delta Capital Limited (GDCL) successfully completed the issuance of Runner Auto Sustainability Bonds of Tk 2,675 million, according to a press release. The proceeds from the bonds, with seven years' tenure, will go towards enhancing the credit support facility...
FE REPORT | 2023-08-22 00:00:00
The Dhaka bourse has been making frantic moves to bring new companies to the capital market as the flow of initial public offerings (IPOs) has dried up this year. The aim is not only to help the market gain momentum...
HAMBANTOTA, Sri Lanka, Aug 21 (AFP): Pakistan face Afghanistan in a three-match one-day international series in Sri Lanka starting Tuesday, with skipper Babar Azam seeing it as good preparation for the Asia Cup and World Cup.The first bilateral ODI series...
MASON, Ohio, Aug 21 (Agencies): Novak Djokovic outlasted Carlos Alcaraz in a thrilling rematch of their Wimbledon final, winning 5-7, 7-6 (7), 7-6 (4) on Sunday to take the Western & Southern Open.In a match that lasted 3 hours, 49...
Bangladesh captain Shakib Al Hasan sought prayers from the expatriate Bangladeshis for their two important missions-Asia Cup and World Cup as he inaugurated a gold shop in Dubai, UAE, reports BSS.Another cricket star of Bangladesh Mohammad Ashraful was with him...
Najam Sethi, the former chairman of the PCB Management Committee, criticized the Board of Control for Cricket in India (BCCI) for another potential change in the schedule of the ICC World Cup 2023, according to Pakistani sports web portal Cricket...
NEW DELHI, Aug 21 (AFP): Indian seniors K.L. Rahul and Shreyas Iyer have returned from their injuries to make the Asia Cup squad on Monday as the cricketing powerhouse fine tune for the upcoming ODI World Cup.Both Rahul, who still...
The six times Bangladesh Premier League (BPL) champions and current runners-up Dhaka Abahani Limited will face Kolkata giant Mohun Bagan Super Giant today (Tuesday) at 7:30 pm Bangladesh time at the Salt Lake Stadium in Kolkata reports UNB.A 27-member Dhaka...
RIYADH, Aug 21 (Arab News): The Kingdom of Saudi Arabia (KSA) has achieved a firm grip on food security, with its open-field vegetable production touching 983,000 tonnes in 2021 compared to 904,000 tons in 2020, according to the latest data...
BANGKOK, Aug 21 (AFP): Thailand registered lower than expected economic growth of 1.8 per cent in the second quarter, official data released Monday showed.Officials blamed a slowdown in exports, which fell 5.7 per cent year-on-year, for the weak pace.The Office...
BENGALURU, Aug 21 (Reuters): Chinese smartphone brand Honor will relaunch in India through a licencing deal with a local company and is aiming to start domestic manufacturing by early next year, its country head told Reuters.Honor had stopped selling its...
NEW YORK, Aug 21 (Reuters): Goldman Sachs is weighing the sale of a part of its wealth business catering to high net worth clients, it said on Monday, as it shifts its focus back to serving the ultra-rich.The Wall Street...
TANGERANG, Indonesia, Aug 21 (Reuters): Indonesia's government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in Southeast Asia's largest auto market, but buyers are not sold yet.The price premium on...
LONDON, Aug 21 (Reuters): The dollar fell from a two-month high on Monday following five straight weeks of gains, as risk sentiment improved in Europe, with attention already turning to the Federal Reserve's Jackson Hole symposium which kicks off on...
KUALA LUMPUR, Aug 21 (Reuters): Malaysia may pursue lawsuits against Goldman Sachs over the US investment bank's role in the multi-billion dollar corruption scandal at state fund 1MDB, Prime Minister Anwar Ibrahim said in an interview with CNBC.Goldman settled with...
A training course on 'Foundation Training for Junior Officer & Junior Officer (Cash)' was held recently under the auspices of Pubali Bank Training Institute. Mohammad Ali, Managing Director and CEO of Pubali Bank, was present as the chief guest at...
Bank Asia Limited in association with Bangladesh Bank has organised a certificate awarding ceremony of a month-long training programme for 26 SME entrepreneurs in Cox's Bazar recently. The certificates were handed over to the participants at the closing ceremony. Some...
Dhaka Bank Limited distributed improved seeds, fertilisers and pesticides among 500 marginal farmers in Shailkupa upazila of Jhenaidah district recently as part of Corporate Social Responsibility (CSR) programme. Razia Akhter Chowdhury, UNO of Shailkupa upazila, was present as the chief...
FE REPORT | 2023-08-22 00:00:00
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Islamic Organisation for Food Security (IOFS) will work together for expansion of global halal market. As a part of the move, a memorandum of understanding (MoU) was signed between...
ISMAIL HOSSAIN | 2023-08-22 00:00:00
The telecom regulator has asked all the internet service providers (ISPs) to keep records of use history, system failure, SNMP traffic data and bandwidth utilisation of their individual users as live daily log for at least six months.The ISPs have...
REZAUL KARIM | 2023-08-22 00:00:00
The government is set to prepare a national comprehensive transit policy, giving priority to protecting the country's interests and securing potential gains from regional connectivity, sources said.An inter-ministerial meeting on trade transit and connectivity is scheduled to be held at...
HONG KONG/NEW YORK, Aug 21 (Reuters): US meat and processed food maker Tyson Foods plans to sell its China poultry business, three people with knowledge of the matter said, in the latest case of a multinational firm looking to divest...
NAIROBI, Aug 21 (Reuters): Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing at an initial cost of $15 million, the government's investment agency said on Friday.The state-owned carrier, which is the biggest in Africa, has already...
Gold prices held around five-month lows on Monday, pressured by higher bond yields as markets geared up for the Federal Reserve's Jackson Hole symposium for clues on where interest rates might settle, reports Reuters.Spot gold was largely flat at $1,888.60...
MUMBAI, Aug 21 (Reuters): India is heading for its driest August in more than a century, with scant rainfall likely to persist across large areas, partly because of the El Niño weather pattern, two weather department officials told Reuters last...
A bilateral agreement has been signed between Bangladesh Agricultural Development Corporation (BADC) and MA'ADEN, a Saudi state-owned mining company, aiming to import 600,000 tonnes of Di-ammonium Phosphate (DAP) fertiliser from Saudi Arabia. BADC Chairman Abdullah Sazzad and MA'ADEN Director Saud...
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