Modhumoti Bank has signed an agreement on a long-term financing facility for export-oriented producers with the Bangladesh Bank at the latter’s office recently. In the presence of Ms. Nurun Nahar, deputy governor of the Bangladesh Bank, Md. Shafiul Azam, MD...
Dhaka Bank and Uttara Club launched an exclusive Dhaka Bank-Uttara Club Mastercard World Co-Branaded Credit Card for the members of Uttra Club. The launching ceremony was held on November 18 at the Tennis Ground, Uttara Club in the capital. Mr....
Pubali Bank and Astra Airways Limited (Air Astra) have signed an MoU recently at the bank's head office. N. M. Firoz Kamal, deputy general manager & head of card business division of Pubali Bank, and Mozammel Haque Bhuiya, head of...
Al-Arafah Islami Bank has signed an agreement with the Bangladesh Bank to avail of Bangladesh Bank-Long Term Financing Facility (BB-LTFF). Shabbir Ahmed, managing director (current charge) of AIBL, and Liza Fahmida, director at BB Financial Sector Support and Strategic Planning...
The election to Sonar-gaon Hotel Sromik O Karmachari Union was held at Sonargaon Hotel on Monday. Dulal Chandra Mazumder was elected president of the union and Md Shah Alam its general secretary, says a statement.Other elected members are Sr. Vice...
Walton Digi-Tech Industries Limited has awarded the winners of its creative campaign titled 'Walton Laptop Packaging Design Contest'. Cash rewards totalling Tk 380,000 were handed over to the top 13 contestants, says a statement. Scores of students, freelancers and professional...
The Food and Agriculture Organisation (FAO) of the United Nations held a closing workshop for a project titled 'Support to diversification of agriculture for improved nutrition and rural livelihoods i1n selected Covid-19 hotspot zones of Bangladesh' at Bangladesh Agricultural Research...
CAL Bangladesh, a financial services company, has recently signed a contract with MetLife to avail insurance facilities for its employees. As part of this contract, all employees of the CAL Bangladesh and their dependents will receive financial support for medical...
FE REPORT | 2023-12-13 00:00:00
Auditor has identified exaggerated figures of sales, assets, and inventories in the FY23 financial statements of Khan Brothers PP Woven Bag Industries. In a qualified opinion published on the Dhaka Stock Exchange's (DSE) website, the auditor said there were discrepancies...
FE REPORT | 2023-12-13 00:00:00
City Bank PLC signed a Memorandum of Understanding (MoU) with the National Pension Authority as the first private commercial bank to render services on opening and managing different universal pension schemes by both resident and non-resident Bangladeshis. Under this MoU,...
FE REPORT | 2023-12-13 00:00:00
The stock market regulator accepted Sinobangla Industries' proposal to raise nearly Tk 202 million by issuing rights shares for business expansion and loan repayments.As per the approval given at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) on...
DOULOT AKTER MALA | 2023-12-13 00:00:00
The government may consider offering incentives to commercial banks to encourage their loan disbursement to small and medium enterprises, particularly those led by women, said Rupali Chowdhury.In an exclusive interview with The Financial Express, Ms Chowdhury -- the managing director...
FE REPORT | 2023-12-13 00:00:00
The securities regulator has set a new deadline for companies to formulate their own guidelines on how and what to disclosure as price sensitive information (PSI).Most of the listed companies have failed to comply with a directive that asked them...
SEOUL, Dec 12 (Reuters): South Korea will extend tax breaks on oil products for two more months until the end of February, the finance minister said on Tuesday.Although oil prices fell recently, there are still uncertainties over the Middle East...
ISTANBUL, Dec 12 (Reuters): Istanbul-based tanker operator Palmali has become the top shipper for Ukraine's Black Sea-borne sunflower oil exports, one of the country's key export products, and plans to expand further, its chairman Mubariz Mansimov said.Azeri-born Mansimov said Palmali...
Islami Bank Training and Research Academy (IBTRA) organised a training programme titled 'Professional Awareness Program for Trainers' on Monday on a virtual platform. Mohammed Monirul Moula, Managing Director & CEO of the bank, addressed the event as the chief guest....
Rupali Bank Limited held a meeting with stakeholders on National Integrity Strategy at its Dhaka North Divisional Office on Tuesday. Joint Secretary of Financial Institutions Division Badre Munir Firdous was present as the chief guest while DMD of the bank...
Trust Bank Limited has relocated its Uttara Corporate Branch to a new address. Humaira Azam, Managing Director and CEO of the bank, along with other officials inaugurated the new office of Uttara Corporate Branch at 5 Masihata Business Tower, Sector-03,...
OUR CORRESPONDENT | 2023-12-13 00:00:00
CHATTOGRAM, Dec 12: The Bangladesh International Trade and Export Fair (BITEF) 2023 kicked off in Chattogram Tuesday. Hosted by the Chittagong Metropolitan Chamber of Commerce and Industry (CMCCI), this marks the 8th edition of the fair.Commissioner Krishnapad Roy of Chittagong...
FE REPORT | 2023-12-13 00:00:00
The central bank said the total deposits in the banking industry surged by 1.55 per cent to Tk 17.13 trillion at the end of September this year compared to the preceding quarter.This rise, as detailed in the Bangladesh Bank's quarterly...
ARAFAT ARA | 2023-12-13 00:00:00
Ami Probashi, a digital platform that simplifies the process of labour migration from Bangladesh, started life back in 2021.Aspiring migrants have since accessed an estimated 95 per cent of government services through the mobile app.Earlier, an individual had to take...
FE REPORT | 2023-12-13 00:00:00
Citing growing demand in Bangladesh, the India-Bangladesh Chamber of Commerce and Industry (IBCCI) has requested permission from the commerce ministry to import 75,000 tonnes of buffalo meat from India. IBCCI President Abdul Matlub Ahmad submitted a letter to Commerce Minister...
SANAA, Dec 12 (AFP): Yemen's Huthi rebels claimed responsibility on Tuesday for a missile strike on a Norwegian-flagged tanker, an attack the Iran-backed group said was part of its military campaign against Israel.Norwegian shipowner J. Ludwig Mowinckels Rederi said the...
GAZA STRIP, Dec 12 (AFP): The health ministry in the Hamas-run Gaza Strip said Israeli forces were raiding a hospital Tuesday in the north of the Palestinian territory."Israeli occupation forces are storming Kamal Adwan hospital after besieging and bombing it...
KUALA LUMPUR, Dec 12 (Reuters): Malaysian Prime Minister Anwar Ibrahim reshuffled his cabinet on Tuesday with multiple changes, including to the foreign, defence and energy portfolios and the return of a second finance minister, as he looks to rebuild trust...
MUMBAI, Dec 12 (BBC): New satellite images show the extent of the damage caused by deadly flash floods that hit a village in India's north-eastern state of Sikkim in October. The photos show how the Teesta river broke its banks...
LONDON, Dec 12 (Reuters): British Prime Minister Rishi Sunak faces the biggest parliamentary test of his premiership on Tuesday when lawmakers vote on his divisive plan to send asylum seekers to live in Rwanda.The UK Supreme Court ruled last month...
TEL AVIV, Dec 12 (BBC): Danielle Waldman danced the last dance of her young life some time before dawn on 7 October. Soon afterwards she and her friends had to run for their lives, but they never made it home.There...
HANOI, Dec 12 (Reuters): China's President Xi Jinping began a two-day visit to Vietnam on Tuesday to upgrade ties between the Communist countries three months after US President Joe Biden travelled to Hanoi, as the major powers vie for influence...
COLOMBO, Dec 12 (AFP): Sri Lanka's sports minister on Tuesday revoked the sacking of the country's cricket board over allegations of corruption, in an effort to end its suspension by the International Cricket Council (ICC).Harin Fernando's decision paves the way...
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