Jubo League (JL), Swechasebak League (SL) and Bangladesh Chhatra League (BCL), the associate wings of the ruling party Awami League, will jointly hold a massive peace rally in the capital on July 27 to protest against the violent activities of...
FE REPORT | 2023-07-25 00:00:00
The High Court on Monday rebuked Patuakhali Sadar Police Station Officer-in-Charge (OC) Md Moniruzzaman and Assistant Sub-Inspector (ASI) Mizanur Rahman in connection with the arrest of college student Md Ashraful Hawlader, who was on anticipatory bail in a case. They...
A group of freedom fighters staged a six-hour hunger strike on Monday in the capital to press home the opposition's one-point demand, reports UNB. The programme is also meant for mounting pressure on the government to unconditionally release BNP Chairperson...
FE REPORT | 2023-07-25 00:00:00
BNP secretary general Mirza Fakhrul Islam Alamgir says Jubo League's counter rally in sync with his party's grand rally on July 27 is an attempt to create violence."The ruling party evidently wants violence. If any violent incident happens, then the...
Awami League (AL) General Secretary Obaidul Quader has said there is no possibility of conflict from the party's side during the rally on July 27, report agencies."Awami League will not instigate any violence. However, the government will ensure the safety...
TOKYO, July 24 (AFP): Tokyo stocks ended higher on Monday after a mixed close on Wall Street, with investors shifting their focus to central bank meetings this week.The benchmark Nikkei 225 index was up 1.23 percent, or 396.69 points, to...
Beijing has asked law firms to tone down the language used to describe China-related business risks in Chinese companies' offshore listing documents, warning failure to do so could cost them regulatory green light for the IPOs, three people familiar with...
BENGALURU, July 24 (Reuters): Shares of Reliance Industries, India's largest company by market capitalisation, fell nearly 3 per cent on Monday, the most in nearly two weeks, after the conglomerate posted a bigger-than-expected drop in profit late.The stock also slid...
European equities touched five-week highs on Monday as upbeat earnings and hopes that the European Central Bank is near the end of its rate-hike cycle offset losses in Spanish stocks after the country's general election yielded no clear winner, reports...
BENGALURU, July 24 (Reuters): India's TVS Motor reported a bigger-than-expected rise in first-quarter profit on Monday, helped by strong demand for its two-wheelers, including its flagship electric scooter.The Apache motorbike maker reported a near 46 per cent jump in profit...
Pakistan has increased its power tariffs again under an International Monetary Fund deal, Prime Minister Shehbaz Sharif said on Monday, part of moves to reduce unsustainable public debt in the power and gas sector, reports Reuters.The price rises of up...
BEIJING, Jul 24 (AP): China's government appealed to Japan on Monday not to disrupt the semiconductor industry after curbs on exports of Japanese chip-making technology took effect, adding to technology restrictions Washington and its allies have imposed on China on...
Juned Ahmed was elected the chairman of Premier Leasing Securities Limited at the 71st meeting of the company's Board of Directors held recently, says a press release.Juned Ahmed, son of late Abdur Razzaque and Razia Begum, was born in 1977....
KBM Moin Uddin Chisty has been elected the chairman of Islamic Finance and Investment Limited (IFIL) at the 331st meeting of the Board of Directors of the company held on Sunday, says a press release.Mr Chisty was born in a...
BRAC Bank has entered into a partnership agreement with Bangladesh Agricultural University (BAU) to address the challenges posed by climate change in the coastal belt of southern Bangladesh. The collaboration aims to empower farmers in the region by promoting the...
Mercantile Bank Training Institute organised a two-week Foundation Training for its Trainee Assistant Officers (TAO) that began recently. A total of 38 officers participated in the training. Mati Ul Hasan, Additional Managing Director & CRO of the bank, inaugurated the...
Prime Bank has recently signed an agreement with Portonics Limited at the bank's head office in Dhaka. Portonics is one of the largest online payment aggregators in Bangladesh. Under the deal, Prime Bank internet banking user will be able to...
BGMEA president Faruque Hassan has called on Australian investors to explore business potentials and investment opportunities available in Bangladesh, reports UNB.With a young population, growing infrastructure, and favorable business policy and climate, Bangladesh is an attractive and ideal place for...
UCB Investment Limited, a leading investment bank in Bangladesh, has received three awards for being the 'Best Investment Bank' in the country.These accolades, presented by prominent international entities namely Finance Asia, Asiamoney and Euromoney 2023 Award, serve as a testament...
FE REPORT | 2023-07-25 00:00:00
Islamic Finance & Investment, a publicly traded non-bank financial institution, reported a loss of Tk 5.61 million in the April-June quarter this year, attributed to an increase in provisions and profit suspense against non-performing loans. According to the company's disclosure...
FE REPORT | 2023-07-25 00:00:00
The Dhaka Stock Exchange (DSE) posted a three-week low turnover on Monday as many investors opted for a cautious approach when considering fresh positions in stocks.Compared to the previous day, the turnover declined by 15 per cent to Tk 6.33...
FE REPORT | 2023-07-25 00:00:00
Despite earning higher gross revenue, British American Tobacco (BAT) Bangladesh experienced a marginal decline in net profit in the April-June quarter of this year due to higher production costs and increased operating expenses.The cigarette manufacturer's gross revenue rose 15 per...
US tech giants could signal an end to the nearly year-long slowdown in their cloud businesses as signs of economic resilience encourage clients to boost technology spending, while a pickup in digital ads will also aid profits, reports Reuters.Microsoft, Google-owner...
The National Bank Limited organised a half-yearly business review meeting with the Branch managers of bank's Rajshahi region at a hotel in Rajshahi city on Saturday. Md Mehmood Husain, Managing Director & CEO of the bank, provided guidance to the...
NEW DELHI, July 24 (Reuters): India's economy will grow at a solid pace for the rest of this fiscal year and next but well below its potential rate, according to a Reuters poll of economists who also said the employment...
Bengal Commercial Bank organised its Half-Yearly Business Review Meeting at the bank's head office in Gulshan, Dhaka, recently. Tarik Morshed, Managing Director and CEO of the bank, presided over the meeting. At the end of the meeting, the bank awarded...
ICC Bangladesh organised a daylong workshop on 'Managing Trade Payment and Trade Finance Risk: Operations, Compliance & Legal Analysis' held in Dhaka on Saturday. Participants of the workshop were seen with ICCB Banking Commission Chairman Muhammad A (Rumee) Ali (2nd...
Japan's Minister for Economy, Trade and Industry Nishimura Yasutoshi said his country would extend full cooperation to Bangladesh in its endeavor to become a high income country by 2041.The Japanese minister said this as he discussed areas of cooperation with...
Gold prices edged up on Monday after data showed a deeper downturn in euro zone business activity, but moves were limited as investors look ahead to a widely anticipated interest rate hike from the US Federal Reserve this week.Spot gold...
HOUSTON, July 24 (Reuters): Chevron Corp's second-quarter earnings topped Wall Street estimates, the company said on Sunday, and Chief Executive Michael Wirth also signaled the number two US oil company remains open to more acquisitions and to increasing shareholder distributions...
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