MUNIMA SULTANA | 2023-08-11 00:00:00
The planned multimodal transport hub (MmTH) on Kamalapur rail station premises has made progress by finally appointing an Indian joint venture company as the transaction advisor (TA) to conduct an extensive study for the mega public-private partnership (PPP) project.The Public...
Home Minister Asaduzzaman Khan on Thursday pledged to 'do whatever it takes' to bring back BNP Acting Chairman Tarique Rahman and his wife Zubaida Rahman who were sentenced by a court recently, reports UNB.The minister made the remarks at the...
Awami League Presidium Member Dr Abdur Razzaque on Thursday said Bangladesh's relations with India has reached a new height now as bilateral visits make the ties more strengthened."Now our relationship with India is very deep. The relationships have been further...
Bangladesh Awami Jubo League, an associate body of the ruling party, has submitted a four-point memorandum to Home Minister Asaduzzaman Khan, Foreign Minister Dr AK Abdul Momen and the Election Commission demanding a ban on BNP-Jamaat politics, reports UNB.Jubo League...
BNP secretary general Mirza Fakhrul Islam Alamgir speaking at a meeting of the former Jubo Dal leaders at the party chairperson's office in city's Gulshan on Thursday — Photo: Collected
FE REPORT | 2023-08-11 00:00:00
Bangladesh Nationalist Party (BNP) will bring out its mass procession at 2:00 pm today (Friday) from two different places in the capital to drum up support to their one-point demand- immediate resignation of the government to pave the way for...
BENGALURU, Aug 10 (Reuters): Indian shares declined on Thursday, dragged by financials on the central bank's measures to reduce excess liquidity, and consumer stocks on inflation concerns, after the Reserve Bank of India held its key rates steady, as expected.The...
Major stock markets in the Gulf were mixed in early trade on Thursday ahead of a US inflation report that will likely influence the Federal Reserve's policy path, reports Reuters.The market is awaiting July Consumer Price Index (CPI) from the...
HONG KONG, Aug 10 (AFP): Stocks fell Thursday ahead of much-anticipated US inflation data, which comes against a backdrop of renewed concerns that the Federal Reserve could announce another interest rate hike before the end of the year.The feel-good factor...
FRANKFURT, Aug 10 (AFP): German industrial giant Siemens on Thursday said large orders for trains boosted earnings in the third quarter, helping to offset problems in its troubled wind energy business.Between April and June, the group said it booked a...
BEIJING, Aug 10 (AFP): Chinese e-commerce giant Alibaba announced an unexpected 14 per cent on-year increase in quarterly sales on Thursday, following several difficult years and in spite of a broader economic slowdown.Alibaba is a key player in China's expansive...
WASHINGTON, Aug 10 (AFP): US President Joe Biden on Wednesday issued an executive order aimed at restricting certain American investments in sensitive high-tech areas in China-a move that could further strain ties between the world's top two economies.The long-anticipated rules,...
Changes to India's withholding tax regime will increase borrowing costs for Indian companies raising money from foreign investors by about 30 to 40 basis points, analysts at J.P.Morgan said on Thursday, reports Reuters.Corporate Research analyst Aman Aggarwal said the change...
The 23rd annual general meeting (AGM) of Pragati Life Insurance Limited was held on a digital platform on Thursday. The chairman of the company Khalilur Rahman presided over the meeting. The shareholders unanimously approved 12 per cent cash dividend for...
United Commercial Bank PLC organised a skill development training for local agriculture entrepreneurs under Agri-CSR project 2023 'Voroshar Notun Janala' on Sirajganj NDP premises Thursday. The day-long training programme was attended by 300 entrepreneurs from nine upazilas of Sirajganj district....
Sajjadur Rahman and Nayem Sarfaraz, directors, Moulvibazar Chamber of Commerce and Industry, along with M. Khorshed Anowar, deputy managing director and head of retail and SME Banking, Eastern Bank Limited (EBL), inaugurated an EBL sub-branch at Sreemangal on Thursday. Abu...
A memorandum of understanding has been signed between the Bangladesh Foreign Trade Institute (BFTI) and Bangladesh Chamber of Industries (BCI) under the Ministry of Commerce to enhance trade skills, reports UNB. The MoU was signed on Thursday in the conference...
National Credit and Commerce Bank Ltd has approved a 10 per cent dividend (5 per cent cash + 5 per cent stock) for the year 2022. The approval was given in the bank's 38th annual general meeting (AGM) held virtually...
FE REPORT | 2023-08-11 00:00:00
The daily turnover on the Dhaka Stock Exchange tumbled below Tk 4 billion once again on Thursday as investors were reluctant to put fresh bets on stocks amid confidence crisis.Turnover, a crucial indicator of the market, fell to Tk 3.81...
FE REPORT | 2023-08-11 00:00:00
Prime Islami Life Insurance has decided to sell properties, including land and a building to settle policyholders' claims as it has been hit hard by a lack of liquidity. In a stock exchange filing on Thursday, it said the board...
MANILA, Aug 10 (AFP): Philippine economic growth slowed sharply in the second quarter, official data showed Thursday, as high inflation, a drop in government spending and interest rate hikes dampened activity.Gross domestic product expanded by 4.3 per cent from a...
RIYADH, Aug 10 (Arab News): Food price rises pushed Egypt's annual headline inflation to an all-time high of 38.2 per cent in July, in line with analysts' expectations, data from the country's statistics agency CAPMAS has revealed. This rise is...
MUMBAI, Aug 10 (AFP): India's central bank again left interest rates unchanged Thursday but warned that higher food prices, caused in part by extreme weather, had impacted household budgets and halted a downward inflation trend.The benchmark repurchase rate has remained...
WASHINGTON, Aug 10 (Reuters): The US Commerce Department said on Wednesday that more than 460 companies have expressed interested in winning government semiconductor subsidy funding in a bid to boost the country's competitiveness with China's science and technology efforts.The White...
JOHANNESBURG/SHANGHAI, Aug 10 (Reuters): Hobbled by the impact of sanctions against founding shareholder Russia, the New Development Bank (NDB) set up by the BRICS countries needs to increase its local currency fundraising and lending, South Africa's finance minister told Reuters.South...
LONDON, Aug 10 (AFP): Britain will host an international energy security summit next year, the government announced on Thursday, inviting big oil-producing nations and companies but focusing also on net zero.The London Energy Security Conference, set for early 2024, will...
Shahjalal Islami Bank Limited organised a discussion on the life and works of Bangabandhu Sheikh Mujibur Rahman on Wednesday to mark the National Mourning Day 2023. Chairman of the bank Mohammed Younus was present as the chief guest while Managing...
Millions of people in Chattogram are now marooned due to continuous rain and landslide in the past few days. Roads, alleys, and highways have been submerged due to floods and there has been a shortage of daily necessities. In such...
South Korean company Giant BD Footwear Limited is going to invest US$ 9.39 million to set up a shoe and shoe accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ), reports BSS. Bangladesh Export Processing Zones Authority (BEPZA) on Thursday...
FE REPORT | 2023-08-11 00:00:00
A three-day international industrial exposition kicked off in the city on Thursday, aiming to help the local industries to contribute more in their innovations.The expo titled 'International Advanced Components and Technology (ATS) Expo-2023' was organised by the country's leading electronics...
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