FE REPORT | 2023-08-24 00:00:00
Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir on Wednesday said that the struggle of the youths would help oust the government for holding a free, fair and participatory election under a neutral caretaker government. He also said,...
Awami League General Secretary Obaidul Quader on Wednesday alleged that BNP is instigating militant groups ahead of the upcoming national election, reports UNB."Today, when the country is progressing on the path of development and peace under the leadership of Bangabandhu's...
NEW YORK/LONDON, Aug 22 (Reuters): A comeback rally in global stocks fizzled on Tuesday as benchmark Treasury yields hit a near 16-year high on concerns that interest rates could stay higher for longer, which kept the safe-haven dollar firm near...
Mutual Trust Bank Limited (MTB) and Mastercard launched a business credit card solution on Tuesday, as Walmart Global Sourcing (WMGS) Bangladesh Private Limited was the first client to avail it, according to a statement.Designed to meet the unique challenges faced...
FE REPORT | 2023-08-24 00:00:00
The Dhaka bourse on Wednesday declined marginally extending the losing streak for the second session following corrections experienced by major sectors.A majority of the listed securities above the floor fell, triggering the correction of the broad index. DSEX, broad index...
MOHAMMAD MUFAZZAL | 2023-08-24 00:00:00
Many listed companies have decided to invest in fully-fledged digital banking operations considering the huge opportunity of generating profits in the era of digital transformation. Banks see it as a way of expanding their virtual services to remotest corners of...
JOHANNESBURG, Aug 23 (Reuters): The New Development Bank of the BRICS group of nations will not be announcing new members at the BRICS Summit in South Africa this week, its Chief Financial Officer Leslie Maasdorp told Reuters on Wednesday.The bank,...
MUMBAI/NEW DELHI, Aug 23 (Reuters): India is expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years, as a lack of rain has cut cane yields, three government...
RIYADH, Aug 23 (Arab News): Small and medium-sized enterprises in Saudi Arabia received a significant boost as the Kingdom's SME Bank earmarked more than SR10 billion ($2.66 billion) during the first half of the year, bolstering efforts to diversify the...
HONG KONG, Aug 23 (Reuters): Xiaomi Corp has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the matter, marking a major step towards the smartphone maker's goal of producing cars...
ISLAMABAD, Aug 23 (Xinhua): The Pakistani rupee continued its losing streaking against the US dollar, touching a record low as the greenback was traded at 299.01 rupees in the interbank market on Tuesday, according to the State Bank of Pakistan...
NEW DELHI, Aug 23 (Reuters): India's government is likely to announce fiscal incentives for the ailing textile and apparel industry by the end of this year, partly to stave of the impact of a fall in overseas orders, a trade...
US existing home sales dropped to a six month-low in July as home owners who are locked into cheap mortgages refrained from selling their properties with the cost of new mortgages for another home at the highest levels in decades,...
Estonian President Alar Karis lauded Bangladesh's recent economic advancements and expressed empathy for displaced Rohingyas, drawing comparisons to his county's experience with refugees from Ukraine, reports BSS. He emphasised a strong desire to enhance friendly relations, especially in the areas...
Walton Hi-Tech Industries PLC has been awarded the 'Super-Samakal Earthquake and Fire Preparedness Award-2023'. Walton received the award for ensuring fire safety and earthquake preparedness and maintaining compliance at its workplace. Walton Hi-Tech Industries' Additional Managing Director SM Shoyeb Hossain...
Jamuna Bank and Apollo Multispecialty Hospitals, Kolkata, signed an agreement at the bank's head office in Dhaka recently. Managing Director and CEO Mirza Elias Uddin Ahmed and Chief Executive Officer of Apollo Hospitals (Eastern Region) Rana Dasgupta signed the agreement....
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has arranged a Syndicated Murabaha Financing Facility of $40 million for Prime Bank Limited, says a press release. The financing facility will support the...
Biman Bangladesh Airlines is launching its Dhaka-Narita (Tokyo) direct flight from September 01, 2023, Shafiul Azim, managing director and CEO of the national flag carrier, told the UNB.The Biman CEO said that the inaugural flight will take off from Dhaka's...
With a view to implement the vision of the Prime Minister's SMART Bangladesh, Dhaka Chamber of Commerce and Industry (DCCI) organised a Multi stakeholders' roundtable on strengthening business-agency collaboration at DCCI in the city on Wednesday, reports BSS.Mayor of Dhaka...
FE REPORT | 2023-08-24 00:00:00
The mobile phone subscribers and netizens increased for the seventh consecutive month in July 2023 with 1.38 million new mobile phone users and 1.54 million new internet users, according to latest data released Wednesday.In the first seven months of this...
A Memorandum of Understanding (MoU) was signed between Bangladesh and the Kingdom of Saudi Arabia (KSA) for expanding bilateral cooperation in the aviation sector, reports UNB.State Minister for Civil Aviation and Tourism Md. Mahbub Ali and President of Saudi General...
KYIV, Aug 23 (Reuters): The European Commi-ssion's decision to compensate for the costs of delivering Ukrainian grain to European seaports will improve the ability to export Ukrainian food without interruption, a senior Ukrainian official said on Tuesday.Ukraine is a major...
SINGAPORE, Aug 23 (Reuters): Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to...
Gold extended gains above $1,900 on Wednesday, drawing support from a retreat in U.S. bond yields as investors positioned for guidance from monetary policymakers at the Jackson Hole symposium, reports Reuters.Spot gold firmed 0.3 per cent to $1,903.60 an ounce...
The Institute of Chartered Secretaries of Bangladesh (ICSB) held an orientation programme for the students of 52nd batch of Chartered Secretary (CS) course on Tuesday, says a press release.As many as 90 students attended the programme on the ICSB premises....
BERLIN, Aug 23 (Reuters): Ryanair expects traffic in August to "slightly" surpass the record 18.7 million passengers it flew in July, with bookings for September and October so far coming in exactly as expected, a senior executive told Reuters.The Irish...
LONDON, Aug 23 (Reuters): Oil prices slid almost 2 per cent on Wednesday as gloomy global manufacturing data grabbed attention ahead of an annual meeting of central bankers at Jackson Hole in the United States, with interest rates high on...
Afghanistan's relations with regionalcountries improving: Acting FMKABUL, Aug 23: The relations of the Afghan caretaker government with regional countries are on the track of strengthening, state media quoted Acting Foreign Minister Mawlawi Amir Khan Muttaqi as saying. According to the...
LONDON, Aug 23 (BBC): One of the children stuck in a cable car above a ravine in Pakistan has described the ordeal, saying he thought "it was my last day and it was over for me"."When the chairlift was halfway...
WASHINGTON, Aug 23 (AFP): Just three weeks old, a giraffe in the southern US state of Tennessee is already making headlines for its unique characteristics, or rather lack thereof: it has no spots.Described by Bright's Zoo director David Bright as...
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