Foreign Minister Hasan Mahmud said on Sunday that Bangladesh will discuss financial sector cooperation with the Kingdom of Saudi Arabia (KSA), focusing on attracting deposits from Saudi companies into offshore banking accounts, reports UNB."If they want to invest in the...
FRANKFURT, June 30 (Reuters): Swiss food giant Nestle is targeting stable growth in sales volumes from the second quarter throughout the remainder of the year as cost inflation eases, its CEO told Swiss weekend paper "Schweiz am Wochenende" on Saturday."From...
JANATA BANK GETS APA APPRECIATIONJanata Bank PLC has achieved the third position among the state-owned banks in the evaluation of Annual Performance Agreement (APA) for FY 2022-2023. Secretary of Financial Institutions Division (FID) Md Abdur Rahman Khan handed over an...
As part of efforts to attain SDG Goal 12 as well as Target 12.7, Bangladesh Public Procurement Authority (BPPA) mulls piloting of Sustainable Public Procurement (SPP) in the country from the financial year of 2024-25.Chief Executive Officer (CEO) of BPPA,...
FE REPORT | 2024-07-01 00:00:00
Newly-appointed Managing Director and Chief Executive Officer (CEO) of the Biman Bangladesh Airlines Zahidul Islam Bhuiyan on Sunday vowed to deal with ticket mismanagement in the national flag carrier."The Biman Bangladesh Airlines aims to be 100 per cent free from...
RIYADH, Jun 30 (Arab News): Raising SR29.95 billion ($8 billion) from sukuk and debt instruments and securing SR198 billion in foreign investments are some of Saudi Arabia's achievements underscored in the Kingdom's Capital Markets Authority's latest report.In an analysis of...
LONDON, June 30 (Reuters Breakingviews): Nvidia briefly became the most valuable company in the world last week after shares in the leading supplier of chips and networking infrastructure used to train artificial intelligence models nearly tripled since January. Yet the...
UCB holds 41st AGM Vice-Chairman of United Commercial Bank Bashir Ahmed along with other directors at the 41st Annual General Meeting of UCB, held on June 30. In the AGM, shareholders approved 5 per cent stock dividends and 5 per...
Abdul Hai Sarker has recently been re-elected for the next two years as chairman of the board of directors of Dhaka Bank. Mr. Sarker is the founder chairman of Dhaka Bank, former vice chairman of Bangladesh Association of Banks (BAB)...
Monzurur Rahman re-elected chairman of Pubali BankMonzurur Rahman has been re-elected chairman of the board of directors of Pubali Bank. Nuruddin M. Sadek Hossain, vice president of Chauddagram Banker's Society and managing director of South East Bank, congratulated him with...
Farhan Fardaus | 2024-07-01 00:00:00
Individual investors will be responsible for settling the payment of capital gain tax if their profits exceed Tk 5 million. The tax rate is fixed at 15 per cent on the excess amount earned from transactions of shares that the...
Babul BarmanCapital gain tax on individual investors that the parliament passed for FY25 will help streamline the equity market by encouraging long-term investments and deterring stock manipulations to some extent, experts say. The fear that the bearish market will be...
OUR CORRESPONDENTSYLHET, June: 30: The flood triggered by incessant rain in the district has caused losses of Tk 9.71 billion in different sectors.However, hundreds of dwelling houses in the low-lying areas have been inundated due to the heavy rain.However, heavy...
OUR CORRESPONDENT MAGURA, June 30: Once running forcefully, seven rivers in Magura district are now losing navigability for various reasons, especially lack of dredging. Even the water bodies have turned into croplands in some places, depriving the people, businesses and...
MIAMI, Florida, June 30 (Reuters): Lautaro Martinez struck twice in the second half to help Argentina's second string beat Peru 2-0 at the Copa America on Saturday and finish top of Group A, knocking Peru out of the tournament.Martinez, featuring...
India has lifted the T20 World Cup 2024 title after a thrilling victory by 7 runs against South Africa in the Final on Saturday (June 29).This was the 9th edition of the tournament and India won the title for the...
NEW DELHI, June 30 (AFP): India's T20 World Cup triumph was hailed by former cricketers on Sunday as inspiring the next generation, after Rohit Sharma and his team ended the country's global trophy drought.Virat Kohli hit a match-winning 76 to...
STOCKHOLM, June 30 (Reuters): H&M plans to offer more discounted fashions in the second half of this year as it tries to win back customers from the likes of Zara owner Inditex and Shein.H&M has over the past year or...
SINGAPORE, June 30 (Reuters): Asian spot liquefied natural gas (LNG) prices held steady last week as forecasts of higher temperatures during the summer months in the northern hemisphere kept demand elevated for electricity used for cooling purposes.The average LNG price...
AGRANI EXCHANGE HOUSE SINGAPORE HOLDS GENERAL MEETING Agrani Exchange House Private Limited, a subsidiary of Agrani Bank PLC, operating in Singapore, organised its 22nd General Meeting and the 37th Board Meeting at a hotel in Singapore recently. Dr. Zaid Bakht,...
SOCIAL ISLAMI BANK HOLDS BUSINESS REVIEW MEETING Social Islami Bank arranged a business review meeting with the branches and sub-branches of Cumilla Zone at Bangladesh Academy for Rural Development in Cumilla on Saturday. Zafar Alam, Managing Director and CEO of...
FE ReportKorea is going to fund the Karnaphuli Rail-road Bridge Project in Chattogram, the total cost of which has been estimated at Tk 1.24 billion.Bangladesh government will provide $0.43 billion to implement the project while the EDCF and the EDPF...
BRAC Bank has introduced a new 'VISA Platinum Flexi Credit Card' exclusively designed for the youth and young professionals aspiring to elevate their lifestyle, says a press release.The new credit card comes with a wide range of lifestyle, travel, hotel...
Bank Asia Organises AML & CFT ConferenceBank Asia PLC organised the annual 'AML & CFT conference 2024' at Bank Asia Tower in Dhaka on Saturday with the theme of “AML-CFT: Fostering & Enduring a Culture of Compliance” to enhance AML...
Our CorrespondentCHATTOGRAM, June 30: The Chattogram City Corporation (CCC) has launched a pilot paid-parking project in the Agrabad Commercial area with a view to alleviate traffic congestion in the port city.CCC Mayor M Rezaul Karim Chowdhury inaugurated the project, aimed...
KYIV, June 30 (AP): Russian attacks across eastern Ukraine killed at least 11 people Saturday, while rescuers in the city of Dnipro dug through rubble after a Russian strike ripped through a nine-story residential building, leaving one dead, officials said.The...
PYONGYANG, June 30 (Reuters): North Korea criticised a joint military exercise by South Korea, Japan and the United States held this month, state media said on Sunday, saying such drills show the relationship among three countries has developed into "the...
GAZA STRIP, June 30 (AFP): Heavy battles and bombardment hit Gaza City's Shujaiya district for a fourth day on Sunday, months after the Israeli army declared Hamas's command structure dismantled in the northern area.Tens of thousands of Palestinians have fled...
LONDON, June 30 (AFP): Britain's deputy prime minister warned Sunday that the country's upcoming general election faces threats from hostile actors such as Russia seeking to influence the UK's democratic process.The country will go to the polls on Thursday, in...
NEW YORK, June 30 (TASS/BBC): US President Joe Biden's future participation in the election race depends on his wife Jill Biden, NBC TV channel reported citing sources.Biden is expected to discuss the future of his re-election campaign with family at...
© 2024 - All Rights with The Financial Express
