Commerce Minister Tipu Munshi hands over subsidised food items to a family card holder after inaugurating the TCB sales programme at Mohammadpur in Dhaka on Sunday. — PID
COLOMBO, Aug 13 (PTI): The IMF will conduct the first review of the USD 2.9 billion bailout to Sri Lanka from September 11 to 19, State Minister for Finance Ranjith Siyambalapitiya said on Saturday and declared that the country has...
Country's first-ever industrial exposition titled 'International Advanced Components and Technology (ATS) Expo-2023', hosted by Walton, was wrapped up on Sunday with huge responses, reports UNB.Planning minister MA Mannan attended the closing ceremony of the 'ATS Expo' as the chief guest...
England haven't given up on the possibility of fielding two heroes from their ODI World Cup win from four years ago, Ben Stokes and Jofra Archer, during their title defence in India later this year, reports Cricbuzz. Stokes gave up...
ROME, Aug 13 (AP): Italy coach Roberto Mancini surprisingly resigned on Sunday, ending an an up-and-down tenure with the national team that included a European Championship title in 2021 but also a failed qualification for last year's World Cup.The Italian...
The Bangladesh national cricketers began a closed-door practice session as they gear up for the upcoming Asia Cup, reports BSS.They will continue the closed-door session, which doesn't allow any media or media session, till August 17.This is not the first...
UK's FTSE 100 fell on Friday in a broad-based selloff after data showing the British economy registered unexpected growth in the second quarter, raising speculation of more interest rate hikes from the Bank of England (BoE), reports Reuters.The export-oriented FTSE...
Analysts are raising earnings estimates for Asian companies for the first time in four months as easing price pressures boost consumption while receding fears of a recession in developed markets is expected to help to lift export revenues, reports Reuters.Equity...
BENGALURU, Aug 13 (Reuters): Indian shares slid on Friday, extending losses for the third week in a row, dragged by financials and consumer stocks.On Friday, the Nifty 50 index settled 0.59 per cent lower at 19,428.30, while the S&P BSE...
Stock markets in Dubai rose on Friday as upbeat demand growth forecasts from OPEC and the International Energy Agency (IEA) lifted oil prices, while lender FAB weighed on Abu Dhabi's index, reports Reuters.The IEA warned that global inventories could fall...
M Khorshed Anowar, DMD and head of retail and SME banking of Eastern Bank Ltd (EBL), and Mohamed El Emam, country manager - Bangladesh and Nepal, Qatar Airways, exchanged documents after signing an agreement in the capital. Under the arrangement,...
FE REPORTThree closed-end mutual funds, managed by RACE Management, have declared cash dividends amounting to Tk 583 million for FY23.RACE Management leads the closed-end mutual fund sector, managing 10 such funds with combined asset under management (AUM) of Tk 32.29...
FE ReportThe Dhaka bourse closed the Sunday's session marginally lower as most of the sectors experienced correction. Only five sectors comprising small cap companies, including jute, saw price appreciations by 0.1 per cent to 2.7 per cent on the Dhaka...
The 2nd Branch Managers' Conference-2023 of Pubali Bank Limited hosted by the Principal Office Sylhet was held at the Sylhet Station Club Limited recently. Mohammad Ali, managing director and chief executive officer of Pubali Bank, was present as the chief...
MTB Foundation recently signed an agreement with Footsteps Bangladesh for the project titled 'Building Community Water Point at Ayla Patakata, Barguna', to ensure sustainable access to Water, Sanitation and Hygiene (WASH) for marginalised communities. The agreement was signed by Shah...
BABUL BARMAN | 2023-08-14 00:00:00
Persistent macroeconomic challenges, strong dollar, and runaway inflation continued to hit hard the businesses of general insurance companies, dragging down profits of most of them in the first half of this year compared to the previous year. Twenty five of...
SINGAPORE/BEIJING, Aug 13 (Reuters): Floods have damaged corn and rice crops in China's key northern grain-producing belt, traders and analysts said, with more rain in the forecast as another typhoon approaches, threatening to add to global food inflation pressures.The hit...
Janata Bank Limited held a day-long business review meeting at Janata Bank Staff College in Dhaka on Saturday. Managing Director of the bank Md Abdul Jabber was present as the chief guest.
In a bid to boost supply chains and consolidate its position as a global logistics center, Saudi Ports Authority added 20 new shipping services in the first half of 2023, reports Arab News. Also referred to as Mawani, the authority...
Real estate trading in Oman is witnessing a boom as its value surged 18.9 per cent in June to hit 1.4 billion Omani rials ($3.6 billion), reports Arab News. This figure is up from the 1.1 billion rials recorded during...
SYDNEY, Aug 13 (Reuters): Australia's leading economists believe Australia can sustain an unemployment rate as low as 3.75 per cent - much lower than the latest Reserve Bank estimate of 4.25 per cent and the Treasury's latest estimate of 4.5...
WEBINER ON SRI LANKAN CRISISA webiner titled 'The Sri Lankan Crisis: Lessons for Developing Countries' was held in the port city at the initiative of Bureau of Business Research (BBR), Chittagong University (CU). Prof Dr Md Salim Uddin, Chairman of...
OTTAWA, Aug 13 (AP): Google said on Saturday it will remove links to Canadian news on its platforms across Canada over a new law that will require digital giants to compensate media outlets for content they share or otherwise repurpose.The...
SJIBL FORMALLY INAUGURATES 140TH BRANCH Shahjalal Islami Bank Limited (SJIBL) formally inaugurated its 140th branch at Meherpur on Sunday. Managing Director & CEO of the bank Mosleh Uddin Ahmed inaugurated the branch as the chief guest while Secretary of Meherpur...
FSIBL MARKS NAT'L MOURNING DAYFirst Security Islami Bank Limited (FSIBL) organised a discussion and doa mahfil recently on the occasion of the National Mourning Day, the 48th death anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Managing Director...
RIYADH, Ag 13 (Arab News): Saudi Arabia's Ministry of Environment, Water and Agriculture has launched an initiative to boot investments in organic poultry production and increase the sector's output to 5 per cent by 2030.According to Ahmed bin Saleh Al-Ayada,...
South Korean company Dongwoo BD Limited is going to set up a shoe accessories manufacturing industry in BEPZA Economic Zone (EZ) with an investment of $8.62 million, reports BSS.In this connection, Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement...
SYLHET, Aug 13 (UNB): A case was filed against 55 named and over 200 unnamed people over the attack on Sylhet Judge Court assistant public prosecutor Prabal Chowdhury Pujan on Thursday.The victim ,Prabal Chowdhury, filed the case naming 55 people...
Textile and Jute Minister Golam Dastagir Gazi speaks at a programme at Tarabo municipality under Rupganj upazila in Narayanganj on Sunday, marking the 48th death anniversary of Bangabandhu Sheikh Mujibur Rahman . Awami League and its associate organisations arranged the...
Inspector General of Police (IGP) Chowdhury Abdullah Al-Mamun on Sunday said Bangladesh Police always follow zero tolerance policy against corruption or misconduct of any policeman, as it is a service-oriented and people friendly organization, reports BSS."We have taken stern action...
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