LONDON, Sept 11 (AFP): German car giant BMW on Monday said it would invest more than £600 million ($751 million) in its UK plants making the Mini, with the Oxford site producing only electric vehicles from 2030.British media said the...
Chinese home appliance brand Konka has been honoured with a prestigious award at the Internationale Funkausstellung Berlin (IFA) 2023, the world's largest consumer electronics and home appliances trade show. Konka has emerged victorious in the Home Audio-Visual Experience Gold category,...
Yamaha's biggest showroom in the southern region -- 'Prestige Motors' -- unveiled its new look in Satkhira recently. Customers can avail 'after-sales service' for their motorcycles on the ground floor of the two-storey showroom built over a large area. On...
Community Bank Bangladesh Limited has celebrated its glorious achievement of four years and stepped into the fifth year. To celebrate its 4th anniversary, an event was organised at the Hall of Pride of Police Headquarters on Monday. The event was...
Mercantile Bank organised a conference on the prevention of money laundering and terror financing in Feni recently for agent outlets of the Cumilla-Noakhali region. Md Enayet Ullah, executive vice president and head of the audit unit, discussed legal and regulatory...
Southeast Bank Limited organised a virtual training programme titled 'Communication Skills, Teamwork, Problem Solving, Conflict Management, and Emotional Intelligence'. Nuruddin Md Sadeque Hossain, managing director of the bank, addressed the programme, while Dhaka University Prof Dr Kazi Mostak Gausul Hoq...
BRAC Bank has launched the first female-only scholarship - 'Aporajeyo TARA' - for students of Dhaka University and BRAC University. The inaugural ceremony of 'Aporajeyo TARA' for the students of Dhaka University was held at the Faculty of Business Studies...
DOULOT AKTER MALA | 2023-09-12 00:00:00
Standard Chartered Bank has introduced 20-week paid parental leave for its employees to put forward the philosophy that child rearing is a responsibility for both parents to share. The objective is to help parents of the newborns rear a new...
FE REPORT | 2023-09-12 00:00:00
The High Court has kept Tk 3 million as minimum investment to qualify for trading on the SME platform of the stock exchanges.Now, an investor, who has been maintaining a portfolio of at least Tk 3 million in listed securities...
FARHAN FARDAUS and BABUL BARMAN | 2023-09-12 00:00:00
Beximco Pharmaceuticals faces a ban on export of eye drops for glaucoma to the European market over concerns tied to the manufacturing plant in Bangladesh. The drug maker listed in Bangladesh's stock market and London Stock Exchange should be barred...
BRUSSELS, Sept 11 (AFP): The European Commission cut its 2023 and 2024 eurozone economic growth forecasts on Monday, with the single currency area weighed down by Germany's poor performance.The EU's executive arm predicted the German economy would contract by 0.4...
ONTARIO, Sept 11 (Reuters): Canada's Housing Minister Sean Fraser is evaluating a wide range of options as he looks to ease the housing crisis in the country, CBC reported on Sunday."There's a range (of incentives) that we're considering right now....
KUALA LUMPUR, Sept 11 (Reuters): Malaysia will develop a policy to ban exports of rare earth raw materials to avoid exploitation and loss of resources, Prime Minister Anwar Ibrahim said on Monday, making it the latest country to restrict shipments...
BELGRADE, Sept 11 (AFP): China is set to pour billions into a copper and gold mine in eastern Serbia, marking another dramatic increase in investment in the Balkan country by Beijing.According to a memorandum of understanding signed over the weekend...
Qualcomm on Monday said it had signed a deal with Apple to supply 5G chips until at least 2026, at a time when the iPhone maker faces increased challenges in China and looks to reinforce its supply chains elsewhere, reports...
Pubali Bank Limited conducted a comprehensive orientation programme at its head office auditorium on Monday to welcome newly recruited 188 officials of the Alternative Delivery Channel (ADC) Division. Managing Director & CEO of the bank Mohammad Ali was present as...
Trust Bank Limited held a conference on 'Prevention of Money Laundering & Combating Financing of Terrorism' for Cumilla Region at BURO Bangladesh office in Cumilla recently. Head of Bangladesh Financial Intelligence Unit Md Masud Biswas was present as the chief...
Jamuna Bank Limited organised a daylong 'Town Hall Meeting' of Chattogram Zone in the port city, aiming to enhance augmented customer service and expand banking services with due diligence. Md Saidul Islam, Chairman of the bank, was present as the...
NEW DELHI, Sept 11 (Reuters): Saudi Arabia could set up an office of its sovereign wealth fund in India's Gujarat International Finance Tec-City (GIFT), its investment minister said in New Delhi on Monday.GIFT City is India's tax-neutral financial services centre...
The Hongkong and Shanghai Banking Corporation Limited (HSBC) has recently signed an agreement with Ha-Meem Group, one of the country's top Readymade Garments (RMG) manufacturer, to process their transactions through online platform HSBCnet, says a press release. The agreement signing...
FE REPORT | 2023-09-12 00:00:00
Bangladesh and Türkiye have reaffirmed their commitment to strengthening bilateral trade ties for mutual benefits of the two countries.This was told during a courtesy meeting between Turkish ambassador Ramis Sen in Dhaka and the Federation of Bangladesh Chambers of Commerce...
Summit Alliance Port Ltd (SAPL) has partnered with Pristine Logistics & Infraprojects Ltd (PLIL), one of the largest integrated Rail Terminal Operators in India, to develop rail-linked inland container depots (ICDs), container freight stations (CFS) and multi-modal logistics parks (MMLPs)...
Prime Minister Sheikh Hasina and French President Emmanuel Macron witness the exchange of documents of two agreements signed between Bangladesh and France at the Prime Minister's Office in Dhaka on Monday. — PID
FE REPORT | 2023-09-12 00:00:00
To protect the country's jute market, the Bangladesh Jute Growers and Traders Association urged the government on Monday to reopen at least 10 jute mills among the production units that were closed around three years ago due to recurring losses."Nearly...
PANAMA CITY, Sept 11 (Reuters): The Panama Canal's water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft will stay in place for the rest of the year...
LONDON, Sept 11 (Reuters): Copper prices rose on Monday as a stronger Chinese currency, a weaker dollar and buoyant loan data from top consumer China fuelled purchases by traders that use algorithms to generate buy and sell signals.Becnhmark copper on...
JAKARTA, Sept 11 (Reuters): President Joko Widodo on Monday said Indonesia has sufficient rice stock at home, seeking to allay concerns about supplies as prices of the staple hit multi-year highs due to periods of drought and low output.Rice prices...
LONDON, Sept 11 (Reuters): The benchmark oil price stabilised on Monday, holding above $90 a barrel reached last week for the first time in 10 months following fresh Saudi and Russian crude output cuts.Saudi Arabia and Russia last week announced...
Biden raises human rights in India with ModiNEW DELHI, Sept 11: US President Joe Biden has said that he raised issues of human rights in India and the importance of a free press with Prime Minister Narendra Modi in Delhi....
NEW DELHI, Sept 11 (AFP): Canadian Prime Minister Justin Trudeau and his entire delegation were forced to extend their stay in New Delhi for the G20 summit by an extra day Sunday when his aircraft broke down.Trudeau arrived in India...
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