FE REPORT | 2023-07-28 00:00:00
Chairmen of scheduled banks in Bangladesh can now remain member of governing bodies of any subsidiaries or funded companies abroad, as the regulator reverses restrictions particularly regarding remittance-earning outfits. Also at greater liberty are bank directors, too, in the latest...
FE REPORT | 2023-07-28 00:00:00
Within a month of introducing the reference rate-based new interest-rate regime, the Bangladesh Bank has made a major change by relaxing the rate for pre-shipment export loans.According to the latest development, the central bank has asked commercial banks to add...
FE REPORT | 2023-07-28 00:00:00
The country's two main political parties are set to hold their respective rallies in the capital today (Friday) at cross-purposes, which has created tension among the city-dwellers. Bangladesh Nationalist Party (BNP) will hold a grand rally in front of its...
DOULOT AKTER MALA | 2023-07-28 00:00:00
Bangladesh customs has locked the business-identification number (BIN) of the United Nations refugee agency for alleged deviations regarding imported cars, thus suspending its goods-release permission. Senior customs officials said they detected irregularities involving the use of 46 vehicles the United...
Veteran journalist and valiant freedom fighter M Shahjahan Miah passed away Wednesday due to old age complications. He was 82, reports UNB.He died at his Rampura residence, according to family sources.He left behind his wife, two sons, a daughter and...
Newly-appointed Chief of Naval Staff Vice Admiral M Nazmul Hassan paid tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his mausoleum in Tungipara, Gopalganj on Thursday — ISPR
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Mymensingh and Sylhet divisions in the next 24 hours from 06:00 am today (Friday), according to the Met Office.The highest temperature in...
The results of the Secondary School Certificate (SSC) and equivalent examinations-2023 will be published across the country today (Friday), reports BSS.Education Minister Dipu Moni will hand over a summary of the results to Prime Minister Sheikh Hasina at around 10:99...
Bangladesh will observe World Hepatitis Day-23 today (Friday) aiming to raise awareness against the deadly virus, with the theme 'We are not waiting', reports BSS.The day is observed every year on July 28 to increase awareness of different forms of...
As the dengue cases surge, government hospitals in the capital are facing shortage of beds and staff to provide adequate care for patients, reports UNB.Visiting various hospitals in the city, the news agency found hospitals including Mugda Medical College Hospital,...
Home Minister Asaduzz-aman Khan Kamal on Thursday said the government will not allow rallies on roads creating public sufferings, reports BSS."Large political parties have been requested to avoid rallies on roads along with violence and vandalism centering the meetings. If...
FE REPORT | 2023-07-28 00:00:00
A Dhaka Court on Thursday fixed August 2 to deliver its verdict in a graft case against BNP acting Chairman Tarique Rahman and his wife Zubaida Rahman over illicit wealth accumulation.The case filed by the Anti-Corruption Commission (ACC) accused them...
Awami League (AL) General Secretary Obaidul Quader on Thursday said technology-based economy is progressing in the country under the leadership of Bangabandhu's grandson Sajeeb Wazed Joy, who is dubbed as the architect of Digital Bangladesh, reports BSS."Materialisation of Digital Bangladesh...
LONDON, July 27 (Reuters): World shares were at a 15-month high and the euro climbed on Thursday as focus shifted from a widely-expected nudge up in US interest rates to what is almost certain to be a similar move shortly...
Meta shares surged nearly 9 per cent on Thursday as a rosy revenue forecast showed that artificial intelligence was helping the social media giant boost engagement and ad sales even in an uncertain economy, reports Reuters.The Facebook owner was set...
MUMBAI, July 27 (Reuters): India's private lenders are contending with soaring attrition amid strong demand for loans and the rush to capture a larger share of the crowded market.Credit demand grew 15 per cent last financial year and is seen...
NEW YORK, July 27 (AFP): Coca-Cola lifted its full-year earnings targets Wednesday after second-quarter results topped estimates as it described plans to limit additional price hikes to emerging markets with the most intense inflation.The soda giant reported profits of $2.5...
WASHINGTON, July 27 (Reuters): US Commerce Secretary Gina Raimondo said on Wednesday the Biden administration is seeking to carefully target US controls on exports to China, but rules will cost firms some revenue.Restrictions should not be so broad "that you...
AKM Salim Osman, MP has been re-elected (unopposed) president of the Bangladesh Knitwear Man-ufacturers and Exporters Association (BKMEA) for the tenure of 2023-25, reports UNB.With this, he has been elected president of BKMEA's board of directors for the seventh consecutive...
Benazir Ahmed, MP, Walton's Deputy Managing Director Humayun Kabir, Senior Executive Director and popular film actor Amin Khan inaugurated Walton Plaza's new branch at Kawalipara in Dhamrai, Dhaka, on Wednesday.
Sony and Smart Electronics Limited signed a contract with InterContinental Dhaka in the capital on Tuesday. Sony South East Asia (RMDC) President Jeremy Heng Choon Guan, Director of SMART Electronics Tanvir Hossain and General Manager of InterContinental Dhaka Ashwani Nayar...
The 363rd meeting of the Board of Directors of Shahjalal Islami Bank Limited (SJIBL) was held at the Corporate Head Office of the bank on Wednesday. The meeting was presided over by the Chairman of the Board of Directors Mohammed...
State Minister for Public Administration Farhad Hossain and Managing Director and CEO of Janata Bank Limited Md Abdul Jabber inaugurated the 926th Mujibnagar branch of the bank at Kedarganj Bazar, Mujibnagar, in Meherpur on Thursday.
The 27th annual general meeting (AGM) of Northern Islami Insurance Ltd. was held on a digital platform recently, with Director Nasiruddin in the chair. Vice Chairman Md Mostafizur Rahman, Directors Jawadul Alam Chowdhury, Mohammad Azam, Barrister Faysal Ahmed Patwary, Abdullah...
HONG KONG, July 27 (Reuters): Global hedge funds snapped up Chinese equities following the politburo meeting this week, buying on Tuesday at their fastest pace since October 2022, Goldman Sachs said in report.The higher inflows were led by mainland A-shares...
NEW YORK, July 27 (Reuters): US bond investors were gauging how to navigate a prolonged period of higher interest rates that some expect to weigh on US growth, after the Federal Reserve on Wednesday left open the possibility of more...
Islami Bank Securities Limited (IBSL) won the Independence Golden Jubilee Award-2022 conferred by Bangladesh Securities and Exchange Commission (BSEC). Home Minister Asaduzzaman Khan Kamal handed over the award to Managing Director & CEO of IBSL Md Jahidul Islam at a...
CAIRO/DUBAI, July 27 (Reuters): Most Gulf central banks increased their key interest rates on Wednesday after the Federal Reserve raised rates by an expected quarter of a percentage point, citing still-elevated inflation as a rationale for the latest hike.The Fed...
FE REPORT | 2023-07-28 00:00:00
The Bangladesh Securities and Exchange Commission (BSEC) has ordered the board of directors of First Finance Limited to reconstitute its board by appointing five independent directors nominated by the regulator.The regulatory order came this week in the backdrop of the...
FE REPORT | 2023-07-28 00:00:00
Advanced Chemical Industries (ACI), one of the leading conglomerates in Bangladesh, has decided to diversify into aviation business by forming a subsidiary company, according to the company's board meeting held on Wednesday. The company will also invest Tk 100 million...
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