BRAC Bank has partnered with the Department of Agricultural Extension (DAE) to assist grassroots farmers in transitioning to high-yield crop varieties and sustainable cultivation techniques, says a press release.Structured as a special agriculture-focused Corporate Social Responsibility (CSR) endeavour, BRAC Bank...
Banga Building Materials Limited, a sister concern of the Pran-RFL Group, has successfully secured BDT 3.00 billion through the issuance of Bangladesh's second corporate Sukuk. The bonds were issued to reputed banks of Bangladesh, with City Bank Capital serving as...
FE REPORT | 2023-09-04 00:00:00
The stock market regulator has formed a two-member committee to find out any possible price manipulation of shares of the travel & leisure sector company --- Sea Pearl Beach Resort & Spa.The Bangladesh Securities and Exchange Commission (BSEC) seeks to...
FE REPORT | 2023-09-04 00:00:00
The securities regulator has been probing into the allegation that Rupali Insurance kept a deceased director's shares as guarantee while taking out a loan from another listed non-bank financial institution. The loan was allegedly secured from Uttara Finance & Investment,...
MOHAMMAD MUFAZZAL | 2023-09-04 00:00:00
Twenty-three listed companies have been ordered to appoint at least two independent directors within 15 days, who will ensure compliance with the regulatory requirement of minimum 30 per cent joint stake of sponsor-directors in the organisations. The firms will also...
PARIS, Sept 3 (Reuters): France is hoping to get up to 67 billion euros ($72.42 billion)worth of revenues from foreign tourists in 2023, beating last year's figure of 58 billion, said French Tourism Minister Olivia Gregoire.France is the world's most...
LONDON, Sept 3 (Reuters): The dollar is unlikely to lose its status as the global reserve currency anytime soon, even as the expansion of the BRICS group of developing nations signals another challenge to the dollar's dominance in the world...
ANAMADUWA, Sri Lanka, Sept 3 (Reuters): H.J.M Seneviratne, 63, slices through yellowed paddy stems dried out by a drought that has destroyed over 95 per cent of his crop and is threatening crisis-hit Sri Lanka's summer rice harvest.The island's economy...
HONG KONG/SINGAPORE/WASHINGTON, Sept 3 (Reuters): For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to US interests and technological supremacy.Two years after it stopped promoting the...
BEIJING, Sept 3 (Reuters): Tesla showed off its restyled, China-made Model 3 sedan for the first time to the public at a trade fair in Beijing, after launching it a day before in several countries.The US automaker displayed a flame...
Al-Arafah Islami Bank Limited (AIBL) held a daylong training workshop on 'Standard Operating Procedure (SOP) for handling readymade garment (RMG) business' for the officers working in International Business wing in various branches on Saturday. Managing Director and CEO Farman R....
Shari'ah-based Standard Bank has launched four new deposit schemes to meet the growing customer demand and expand its range of services. The products are Nobabi-Mudaraba Millionaire Plus, Ameer-Mudaraba Kotipoti Plus, Sohojei Digun-Mudaraba Double Scheme & Uparjon-Mudaraba Monthly Income. The new...
JAKARTA, Sept 3 (Reuters): Indonesia is introducing a golden visa scheme to attract foreign individual and corporate investors in an attempt to boost its national economy, a statement from the ministry of law and human rights distributed on Sunday said."The...
FE REPORT | 2023-09-04 00:00:00
The Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh launched the third edition of its flagship initiative, the 'HSBC Business Excellence Awards', on Sunday.The global bank, with a presence in 62 countries, will give the award in eight categories...
FE REPORT | 2023-09-04 00:00:00
The 6th Showcase Malaysia will begin in a Dhaka hotel on Wednesday to promote bilateral trade along with Malaysian investment in Bangladesh. The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI), in a press conference on Sunday, announced that the two-day...
NEW YORK, Sept 03 (AFP): World number one Carlos Alcaraz surged into the last 16 of the US Open on Saturday as Tunisia's Ons Jabeur kept her dream of a first Grand Slam title alive with victory in a three-set...
MANCHESTER, England, Sept 03 (Reuters): Erling Haaland netted a second-half hat-trick as pacesetters Manchester City maintained their 100 per cent record in the Premier League with a 5-1 thrashing of Fulham on Saturday.Julian Alvarez and Nathan Ake opened the scoring...
JOHANNESBURG, Sept 03 (Agencies): Heath Streak, one of Zimbabwe's greatest cricketers, died on Sunday aged 49, his wife said in a social media post. He had been battling colon and liver cancer.Streak had been a pivotal member of the coaching...
NEW DELHI, Sept 03 (The Times of India): Following the unfortunate washout of their opening Asia Cup match against Pakistan due to persistent rain, Team India faces yet another obstacle as their upcoming clash against Nepal is now under threat...
Cristiano Ronaldo celebrated his 850th career goal as Al Nassr won 5-1 at Al-Hazm in the Saudi Pro League on Saturday, report agencies.Ronaldo scored his sixth goal in his last three games and claimed two assists as Al-Nassr recorded a...
Bangladesh played to a goalless draw with visiting Afghanistan in the first match of two-match FIFA Tier-1 Int'l series held at Bashundhara King Arena in the city on Sunday, report agencies.The day's match was special in the football history of...
The average wait time for non-booked vessels at the Panama Canal jumped by between 44 per cent and 59 per cent last month as a prolonged drought led to restrictions on daily transits and ship drafts, reports Reuters.The Panama Canal...
US energy firms this week cut the number of active oil and natural gas rigs for an eighth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday, reports Reuters.The oil and gas...
BENGALURU/NEW DELHI, Sept 3 (Reuters): India's antitrust body on Friday approved the merger of Tata group-owned Air India with sister airline Vistara, subject to compliance with voluntary commitments made by the carriers.The approval comes amid growing concerns within the industry...
KARAWANG, Indonesia, Sep 03 (Reuters): Some rice plants with empty husks stand among the crop on Indonesian farmer Akma Rangga's fields in West Java, which has received barely any rain since April, and must rely on irrigation channels that have...
China's anger over Fukushima plant waterrelease fuelled by disinformationBEIJING, Sept 03: Rocks thrown at schools, threats of a boycott and hundreds of hostile phone calls - these are just some of the ways Chinese people have shown their displeasure with...
KANO, Sept 03 (AFP): Gunmen have killed seven Muslim worshippers and injured three others in two separate attacks on mosques in northwest Nigeria's Kaduna state, police said Saturday.Suspects from criminal gangs-referred to as bandits-opened fire Friday on worshippers in Saya-Saya...
LONDON, Sept 03 (AFP): The UK government vowed Sunday to "do what it takes" to ensure pupils' safety, after scores of schools were forced to shut buildings made with an aerated concrete prone to collapse.As many as 104 schools and...
WAD MADANI, Sept 03 (AFP): Residents of Khartoum awoke Sunday to artillery and rocket fire, hours after an air strike in the city's south killed at least 20 civilians including two children, according to Sudanese activists."The death toll from the...
BEIJING, Sept 03 (AP): Taiwan suspended flights, rail transport and ferry services along with classes and outdoor events and urged workers to stay home on Sunday as Typhoon Haikui churned across the southern part of the island.The typhoon made landfall...
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