MIDAS arranged a five-day training course on 'Women Entrepreneurship Development Training' in the capital from July 12 to 18. Twenty women entrepreneurs participated in the training course. Chairman of MIDAS Zahida Ispahani handed over the certificate to the participants. Dr...
Initiated and supervised by the Bangladesh Financial Intelligence Unit (BFIU), Prime Bank Limited held a day-long training on "Prevention of Money Laundering and Combating the Financing of Terrorism" for commercial banks in Sherpur district recently. The training programme was inaugurated...
RFL, the country's leading business conglomerate, has introduced a line of motorcycle helmets to the market with the aim of delivering high-quality product within the purchasing power of people. RN Paul, Managing Director of RFL Group, unveiled the cover of...
The United Nations Development Programme (UNDP) and the Small and Medium Enterprise (SME) Foundation have signed a Memorandum of Understanding (MoU) to jointly promote entrepreneurship development, green production, and employment generation in Bangladesh, reports UNB.Van Nguyen, Resident Representative, UNDP Bangladesh,...
FE REPORT | 2023-07-21 00:00:00
LafargeHolcim Bangladesh gained a 39 per cent year-on-year growth in profit to Tk 1.71 billion in the three months to June, thanks to increased sales of aggregates and cement price hike.The multinational cement maker's earnings jumped as sales revenue rose...
Eastern Bank Limited (EBL) won the International Finance Banking Awards 2023 under the category of 'Most Innovative Retail Bank in Bangladesh'. The accolade was conferred upon EBL by renowned London-based International Finance Magazine - known for its comprehensive coverage of...
FE REPORT | 2023-07-21 00:00:00
As many as 11 companies, including the second largest telecom operator Robi Axiata, have been dropped from the DS30 index after they endured a steep, persistent fall in transaction volumes for months. Daily average turnover volumes worth less than Tk...
China left its lending benchmarks unchanged on Thursday, after the central bank stood pat on a key policy rate earlier this week even as signs of a faltering economic recovery called for more stimulus, reports Reuters.China's economy grew at a...
Volvo Cars forecasts solid sales | 2023-07-21 00:00:00
STOCKHOLM, July 20 (AFP): Volvo Cars posted a drop in profits in the second quarter on Thursday, but the Swedish automaker forecast double-digit sales for the year despite high inflation and rising interest rates.Volvo Cars, which is majority owned by...
WASHINGTON, July 20 (AFP): US sales of existing homes have fallen to the slowest rate since January, said industry data released Thursday, with the median sales price hitting the second-highest on record while inventory remains tight.The housing market has taken...
TOKYO, July 20 (Reuters): Current investments in gas infrastructure are falling short of what is needed, officials at an industry conference in Japan said on Wednesday, citing the role they say the fuel has to play in both global energy...
The 24th Annual General Meeting (AGM) of Trust Bank Limited was held virtually on Thursday. Maj Gen Md Nazrul Islam, Vice Chairman of the bank, presided over the meeting. Humaira Azam, MD & CEO of the bank, was also present....
Turkey's central bank on Thursday hiked its key interest rate by 250 basis points to 17.5 per cent, as the country's monetary policymakers embark on a long and painful mission to tackle double-digit inflation, reports CNBC."Monetary tightening will be further...
The 27th annual general meeting (AGM) of the International Leasing and Financial Services Limited (ILFSL) was held virtually at its head office in Dhaka on Monday, says a press release.Md Nazrul Islam Khan, chairman of the Board of Directors of...
South Asia is one of the least integrated regions in the world in terms of trade and people-to-people contact, observed the International Chamber of Commerce Bangladesh (ICCB). According to World Bank, regional cooperation has the potential to produce significant gains...
FE REPORT | 2023-07-21 00:00:00
The Bangladesh Jewellers' Association (BAJUS) has imposed a complete prohibition on the manufacture and sale of traditional gold and silver ornaments. The association said only 18, 21, 22, and 24 carat ornaments crafted using the cadmium method will be permitted...
The International Energy Agency (IEA) expects global demand for electricity to increase by just under 2 per cent this year, it said in its latest electricity market report on Wednesday.The reasons are the continuing economic slowdown and the effects of...
Gold prices advanced to their highest in about two months on Thursday, driven by US dollar's weakness and growing expectations that the Federal Reserve would conclude its aggressive rate-hiking cycle at its meeting next week, reports Reuters. Spot gold gained...
A field visit and a seminar on 'Feasibility study of the IoT-Based precision agriculture for sustainable crop production in Bangladesh' was held at BARI in Gazipur on Tuesday. The event was held as part of a project that investigates the...
LONDON, July 20 (Reuters): Oil prices crept higher on Thursday as a lower-than-expected drop in US crude inventories and a weaker demand outlook kept investors cautious.September Brent futures climbed 24 cents, or 0.3 per cent, to $79.70 a barrel by...
Judge nixes Trump's bid to move hush-money criminal caseNEW YORK, July 20: A federal judge on Wednesday rejected Donald Trump's bid to move his hush-money criminal case from New York state court to federal court, ruling that the former president...
ZAGREB, July 20 (AFP): At least five people were killed after violent thunderstorms swept across Bosnia, Croatia and Slovenia following days of scorching temperatures in the Balkans.The storm's strong winds brought down power lines and flooded streets with at least...
JERUSALEM, July 20 (AP): Cracks are emerging in Israel's military. The Middle East's best equipped and most powerful force is under one of the worst assaults it has encountered - a battle within its own ranks.A contentious government plan to...
LAHORE, July 20 (Reuters): Pakistan will open criminal proceedings against former prime minister Imran Khan on charges of exposing official secrets, Interior Minister Rana Sanaullah said on Wednesday, the latest in a string of cases the former premier has been...
BANGKOK, July 20 (AFP): Thai caretaker prime minister Prayut Chan-o-cha called for calm Thursday after a popular progressive candidate's bid to succeed him was thwarted by military and pro-royalist lawmakers.Pita Limjaroenrat's party won the most seats in May elections, but...
BEIJING, July 20 (BBC): Chinese president Xi Jinping has given a warm welcome to former top diplomat Henry Kissinger, as the US pursues closer ties with China. Mr Kissinger's surprise trip to the Chinese capital comes amid a flurry of...
MANCHESTER, United Kingdom, July 20 (AFP): Mitchell Starc struck an early blow before England's Zak Crawley and Moeen Ali denied Australia another breakthrough on the second day of the fourth Test at Old Trafford on Thursday.England were 61-1 in reply...
The fixtures of the Asia Cup was announced on Wednesday with the much anticipated India vs Pakistan encounter scheduled for September 02 at Kandy in Sri Lanka. The arch rivals, who've slotted in Group A alongside Nepal may possibly face...
GALLE, Sri Lanka, July 20 (Agencies): Opening batsman Imam-ul-Haq hit an unbeaten 50 to steer Pakistan home in the first Test against Sri Lanka on Thursday, passing their tricky target of 131 with four wickets to spare.It also gives them...
FORT LAUDERDALE, Fla., July 20 (AP): The seats at DRV PNK Stadium filled up quickly with fans eager to get a glimpse at Inter Miami's new superstar.Lionel Messi - arguably the greatest soccer player ever - stood on a runway...
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