Mortuza Siddique Chowdhury, a well-known businessperson, has been elected chairman of Northern Islami Insurance Ltd. while Mostafizur Rahman, a versatile business personality, re-elected vice chairman of the company, says a statement. Presently, Mr Chowdhury, who hails from Chattogram, is serving...
FE REPORT | 2023-08-04 00:00:00
The Unilever International, a leading global FMCG company, has appointed local brand 'Artisan' as the authorised importer and master distributor for the company's extensive range of products.Artisan, a lifestyle retail chains in Bangladesh, gained charge of distribution, logistics, and marketing...
Mercantile Bank Limited (MBL) donated agri machinery at Kalaiya, Bauphal in Patuakhali on Thursday from the bank's special CSR fund. MBL Vice Chairman ASM Feroz Alam, and Additional Managing Director & CRO Mati Ul Hasan handed over the farming machinery...
FE REPORT | 2023-08-04 00:00:00
The daily turnover on the Dhaka Stock Exchange dropped to a eight-week low on Thursday as investors were reluctant to make fresh investments amid the confidence crisis.Turnover, a crucial indicator of the market, fell to Tk 4.85 billion, which was...
FE REPORT | 2023-08-04 00:00:00
MetLife Bangladesh has invested more than Tk 2.57 billion in the country's first-ever internationally certified sustainability bonds issued by Runner Automobiles.The investment is equivalent to more than 96 per cent of the total size of the bonds. Publicly traded Runner...
MOHAMMAD MUFAZZAL | 2023-08-04 00:00:00
The Dhaka Stock Exchange (DSE) has separated out 42 companies for inspection of physical entities for their failure to meet one or more obligations - holding annual general meetings, giving out dividends as declared, or paying listing fees. Inspections will...
NEW YORK, Aug 3 (Reuters): Wells Fargo on Wednesday said it may commit $60 million to Concordance, a nonprofit organization that helps workers with criminal records re-enter the workforce.The bank is focused on providing financial support to the programme, but...
BRASILIA, Aug 03 (AFP): Brazil's central bank slashed its key interest rate by a larger-than-expected half-point Wednesday, making its first rate cut in three years as emerging economies start to turn toward monetary easing.The bank's monetary policy committee said its...
FRANKFURT, Aug 03 (AFP): Adidas said Thursday it booked a profit in the second quarter, showing tentative signs of recovery as it sells off its huge inventory of rapper Kanye West's Yeezy merchandise.The German sportswear giant reported a net profit...
China's Ant Group and Standard Chartered said on Monday they will work together in green finance and global fund management, broadening their existing partnership, reports Reuters.The deal is the first high-profile tie-up between Ant and a major foreign bank since...
ISTANBUL, Aug 03 (AFP): Turkey's annual inflation climbed in July to 47.83 per cent, up sharply from 38.2 per cent, official data showed on Thursday.The new figure, in line with expectations, comes a week after the central bank more than...
BENGALURU, Aug 03 (Reuters): India's dominant services sector expanded at its fastest pace in 13 years last month as demand increased significantly despite elevated inflationary pressures, a business survey showed on Thursday.S&P Global's India services purchasing managers' index rose to...
FRANKFURT, Aug. 3 (Xinhua): A survey published on Wednesday showed that over ten per cent of German companies are using artificial intelligence (AI) technologies to their advantage.Up to 13.3 per cent of the 9,000-odd companies involved in the survey by...
WASHINGTON, Aug 3 (Reuters): Hyundai Motor and Kia said on Thursday they are recalling more than 91,000 newer vehicles in the United States because of fire risks and urged owners to park outside and away from structures pending repairs.The recall...
Prime Bank has announced a strategic partnership with Water Garden Resort & Spa. Deputy Managing Director of Prime Bank Nazeem A Choudhury and Chairman of Water Garden Resort & Spa Dr Ahsan H Mansur signed the memorandum of understanding in...
Robi Axiata Limited and BRAC Bank have signed a memorandum of understanding (MoU) to offer value-added services to small and medium enterprises (SMEs). Robi's Executive Vice President (EVP), VAS & New Business, Ahmed Armaan Siddiqui and BRAC Bank's Deputy Managing...
PANCHAGARH, Aug 3 (UNB): The country's third tea auction centre is likely to start its operation in Panchagarh in September.This was disclosed at a two-day training workshop on 'Online Tea Auction' that began on Thursday at the Panchagarh Chamber hall...
Community Bank Bangladesh Limited achieved 'Emerging Asia Banking Award' presented by the Indian Chamber of Commerce (ICC) recently, says a press release.The bank was recognised as the Best Bangladeshi Bank in three significant categories -- Performance on Asset Quality, Performance...
FE REPORT | 2023-08-04 00:00:00
The US-based company VISA aims to support Bangladesh to minimise its huge volume of informal economy through ensuring cashless transactions. The country's GDP could be boosted by 1.5-3.0 per cent through digital payment system, said Sandeep Ghosh, VISA Group Country...
FE REPORT | 2023-08-04 00:00:00
The country's mobile and internet subscribers set a new record in June, reaching the highest-ever numbers of 186.10 million and 129.40 million, respectively, according to the telecom regulator.The number of mobile SIM users increased by 0.97 million in June compared...
Green Delta Insurance Company (GDIC) has signed a memorandum of understanding with Power Cell of the Ministry of Power, Energy & Mineral Resources (MoPEMR) and Young Bangla to launch the second edition of nationwide idea hunt competition for renewable energy...
Prime Minister Sheikh Hasina on Thursday offered lands to the Netherlands for investments in the shipbuilding sector of Bangladesh, reports UNB. "If you (Netherlands) wish, we can give you places for drydocks (in Bangladesh)," she told outgoing Netherlands Ambassador to...
Gold was near a more than three-week low on Thursday, dragged by a robust dollar and elevated bond yields, while investors remained cautious ahead of July U.S. nonfarm payrolls data, reports Reuters.Spot gold was little changed at $1,932.29 per ounce...
PARIS/SINGAPORE, Aug 3 (Reuters): Chicago wheat futures edged higher on Thursday, steadying after hitting a three-week low, as the market assessed global supply prospects marked by large Russian exports and war-curtailed shipments from Ukraine.Corn was little changed after also touching...
East-West Seed Knowledge Transfer Foundation (EWS-KT), a nonprofit foundation established by East-West Seed Group, launched a new pesticide selection tool for the vegetable farming community of Bangladesh. Country Manager Mostafa Kamal of East West Seed Bangladesh Private Limited officially launched...
SINGAPORE, Aug 3 (Reuters): Saudi Arabia, the world's biggest oil exporter, may raise its price for Arab Light crude for sale to Asian refiners for a third month as its voluntary output cuts may be extended, further tightening the supply...
N Korea confirms custody of US soldierSEOUL, Aug 03: North Korea has confirmed custody of Travis King in its first response to requests for information on the US soldier's whereabouts, the UN Command has said. The 23-year-old private dashed across...
BRASILIA, Aug 03 (Reuters): Police in Rio de Janeiro killed at least nine people in a raid on Wednesday, in the latest example of deadly violence by Brazil's security officials after 16 people died at the hands of Sao Paulo...
UNITED NATIONS, Aug 03 (AP): The Security Council on Wednesday unanimously authorized the U.N. political mission in Colombia to help verify implementation of a cease-fire agreement between the government and the country's largest remaining guerrilla group, the National Liberation Army.The...
TORONTO, Aug 03 (AP): Canadian Prime Minister Justin Trudeau and his wife, Sophie Gregoire Trudeau, announced Wednesday that they are separating after 18 years of marriage.The two said in statements posted on Instagram that they made the decision after "many...
© 2026 - All Rights with The Financial Express
