DOULOT AKTER MALA | 2024-01-10 00:00:00
Bangladesh's merchandise exports through its largest seaport registered a double-digit increase in both volume and value during the first half of the current fiscal year, except for the United States and the European Union.Export volume surged by 21.75 per cent,...
The envoys of different countries on Tuesday congratulated Prime Minister Sheikh Hasina on her party's victory in the 12th parliament election as they paid a courtesy call at her official Ganabhaban residence, reports BSS.The envoys were of Japan, Thailand, Vietnam,...
Awami League President and Prime Minister Sheikh Hasina waves to supporters at Ganabhaban on Tuesday, celebrating her party's victory in the 12th national elections. Her sister Sheikh Rehana was by her side. — PID
ARAFAT ARA | 2024-01-10 00:00:00
Jordan's apparel units, which rely heavily on foreign workers, are witnessing a rise in demand for manpower as they begin to recover from the effects of the Russia-Ukraine war.However, Bangladesh, the largest labour-supplying country for the Jordanian garment sector, cannot...
FE REPORT | 2024-01-10 00:00:00
The United States and the United Kingdom, in their similar critical observations on Bangladesh's parliament election, said the polls lacked fairness and democratic standards.Bangladesh's elections were not free and fair, US State Department spokesperson Matthew Miller said in a press...
Newly elected Members of Parliament are scheduled to take oath today and a new cabinet is set to be sworn in tomorrow (Thursday), following the ruling Awami League-dominated polls.Officials said the MPs will take oath in a ceremony at 10am,...
Awami League President and Prime Minister Sheikh Hasina on Tuesday said Sunday's parliamentary election would go down in letters of gold in the history of Bangladesh."A free, fair, neutral and participatory election was held with spontaneous participation of the people,"...
FE REPORT | 2024-01-10 00:00:00
Reaching the IMF-set targets for Bangladesh on net foreign-exchange reserves is not possible, Finance Minister AHM Mustafa Kamal observed on Tuesday, after the forex coffer took another knock. "Compared to other countries, Bangladesh's forex reserves are in a good position...
Most major stock markets in the Gulf rose in early trade on Tuesday tracking Asian shares, as investors look to US inflation numbers due this week, which could provide clarity on when the Federal Reserve might start cutting interest rates.Overnight,...
TOKYO, Jan 9 (AFP): Tokyo stocks closed higher on Tuesday on the back of gains in US tech stocks, pushing the Nikkei index to a 33-year high.The benchmark Nikkei 225 index climbed 1.16 percent, or 385.76 points, to end at...
BENGALURU, Jan 9 (Reuters): Indian shares closed higher on Tuesday, led by a jump in auto stocks, but surrendered a lot of their gains in the final hour of trade due to a drop in financials on concerns of moderating...
LONDON, Jan 9 (Reuters): The end of cheap money and its impact on private equity and private credit warrants "particular focus" given these areas' crucial role in funding companies, Bank of England regulator Nathanael Benjamin said on Tuesday.A decade of...
NEW DELHI, Jan 9 (Reuters): Two Indian state refiners are seeking to boost imports of Saudi crude oil after the kingdom cut the official selling price of its key export grade for February to the lowest in 27 months, company...
BOSTON, Jan 9 (Reuters): Alphabet's Google is set to go before a federal jury in Boston on Tuesday in a trial over accusations that processors it uses to power artificial intelligence technology in key products infringe a computer scientist's patents.Singular...
BEIJING, Jan 9 (Reuters): At an "Invest Maldives" forum in a southern Chinese port city, Maldivian President Mohamed Muizzu shook hands and exchanged words with smiling local officials on a China visit set to deepen bilateral ties as the archipelagic...
Md Nasiruzzaman, chairman of the Board of Directors of Bangladesh Krishi Bank (BKB), paid tribute to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his grave at Tungipara in Gopalganj on Tuesday. Md Nasiruzzaman took...
Agrani Bank Training Institute (ABTI) has organised a three-day training workshop on 'Risk-Based Internal Audit'. Md Murshedul Kabir, Managing Director & CEO of Agrani Bank PLC, inaugurated the workshop on Tuesday. Md Rezaul Karim, Director and Deputy General Manager of...
Mohammad Sayduzzaman, Deputy Managing Director of Phoenix Finance and Investments Limited, took over as Managing Director (Current Charge) of the company with effect from January 01, says a statement. The Board of Directors of the company made the decision regarding...
The 16th annual general meeting (AGM) of Shahjibazar Power Company Ltd was held virtually on Tuesday. Anis Salahuddin Ahmad, chairperson; Faridul Alam, managing director, and Yeasin Ahmed, company secretary, attended the meeting. The AGM approved 11 per cent cash dividend...
LISBON, Jan 9 (Reuters): Buying property in Portugal is no longer a route to a "golden visa" giving residency rights but foreigners who want to secure one can still put their money into investment funds, which now anticipate a boom...
FE REPORT | 2024-01-10 00:00:00
Eastern Lubricants has shown a 47 per cent lower profit to Tk 4.74 million in the second quarter through December last year, compared to the same period a year earlier, as its revenue fell.In a stock exchange filing on Tuesday,...
MOHAMMAD MUFAZZAL | 2024-01-10 00:00:00
Two listed cement makers have been adopting technologies in moving towards high production at an expense of less energy and less emission of dust. Though the primary motive in this is to scale up production, energy efficiency has encouraged Crown...
WASHINGTON, Jan 9 (Reuters): The US trade deficit narrowed in November as imports of consumer goods fell to a one-year low amid slowing domestic demand, a trend that, if it persists in December, could result in trade having no impact...
FE REPORT | 2024-01-10 00:00:00
The Bangladesh Telecommunication Regulatory Commission (BTRC) has lifted the limit on unused mobile data to be carried forward to the next purchase of the same pack.Previously, if a data pack expired, mobile subscribers could carry forward up to 50 GB...
Garment Technology Bangladesh (GTB) 2024, an international trade show focused on garment machinery and allied products, will be held in Dhaka on January 11-14, alongside GAP Expo showcasing garment accessories and packaging.The 21st edition of GTB 2024 and the 12th...
Novoair, the leading private airline of the country, celebrated its 11th anniversary with various programmes on Tuesday, says a statement. On the occasion, Mofizur Rahman, Managing Director of Novoair, said, "We give equal importance to two main mantras -- safety...
Akhtar Group and Universal Medical College Hospital signed a corporate health agreement recently. General Manager at the Human Resources and Supply Chain Department of the hospital Wing Commander Md Abdul Hafiz Sarker (Retd.), the hospital's Assistant General Manager (Business Development)...
WASHINGTON, Jan 9 (Reuters): The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year in a row, prolonging poverty and debilitating debt levels in many developing countries.Hamstrung by the COVID-19 pandemic,...
Gold prices rose on Tuesday after touching a three-week low in the previous session as traders reassessed interest rate cut expectations from the Federal Reserve after a report showed consumers expect lower inflation this year, reports Reuters.Spot gold was up...
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