Indian High Commissioner in Bangladesh Pranay Verma visited Tungipara on Wednesday and paid his rich tributes to the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, reports UNB.He laid a wreath at the mausoleum of Bangabandhu, honouring his enduring legacy...
FE REPORT | 2023-08-10 00:00:00
Bangladesh Nationalist Party (BNP) will bring out mass processions in the capital tomorrow (Friday) simultaneously with other like-minded parties and allies to drum up support to their one-point demand - immediate resignation of the government to pave the way for...
BNP senior leader Ruhul Kabir Rizvi on Wednesday said the office of the Detective Branch (DB) of the Dhaka Metropolitan Police has now become a restaurant to have rice, reports UNB."The DB office has now become a hotel (restaurant) for...
Election Commissioner Anisur Rahman on Wednesday said the schedule of the 12th parliamentary election may be announced in November, reports UNB.Ballot papers will be sent to the polling stations on the morning of the election day except those in the...
WeWork on Tuesday warned of a possible bankruptcy after reporting yet another quarterly loss, in a stunning reversal of fortune for the shared workspace provider that was valued at $47 billion in 2019, reports Reuters.The SoftBank-backed firm is worth just...
BENGALURU, Aug 9 (Reuters): Inflows into Indian equity mutual funds rose for the 29th month in a row, but the inflows remain volatile as investors preferred small- and mid-cap funds due to stretched valuations in large-caps, data from the Association...
TOKYO, Aug 9 (Reuters): Apple and Samsung Electronics will invest in SoftBank Group -owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on Tuesday.Reuters reported in June that Arm was in talks...
Most major stock markets in the Gulf fell in early trade on Wednesday after data showed that China slipped into deflation in July, a negative sign for the world economic growth outlook, reports Reuters.Closely watched China data on Wednesday showed...
LONDON, Aug 9 (AFP): Global stock markets were mixed on Wednesday with Wall Street opening flat after European bourses rebounded with a mixed showing by Asia.Data revealed China slipped into deflation, compounding worries about the world's second biggest economy after...
TOKYO, Aug 09 (AFP): Japanese electronics giant Sony on Wednesday upgraded its annual sales and net profit forecasts, driven by strength in its music business and favourable foreign exchange rates.The conglomerate said its annual net profit for the year to...
BEIJING, Aug 09 (AFP): China slipped into deflation for the first time in more than two years in July, official data showed Wednesday, as slowing domestic spending weighs on the post-Covid economic recovery.The reading comes a day after news that...
NEW YORK, Aug 9 (Reuters): Rising US bond yields are unnerving investors and worsening stocks turbulence as markets confront a pileup of unwelcome news, from last week's downgrade of the US credit rating to revived worries over regional banks.Surging yields...
LONDON, Aug 9 (Reuters): Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global decoupling in the direction of interest rates.While the US Federal Reserve has delivered aggressive interest rate hikes since...
The country's popular fast food retail brand 'Tasty Treat' has started its operation in Pabna by opening two outlets. Ibrahim Khalil, Chief Operating Officerof Tasty Treat, inaugurated the outlet at Dilalpur and Shalgaria areas on Monday.
GPH Ispat Limited and Parkview Hospital Chattogram signed a Memorandum of Understanding (MoU) on Tuesday. As per the MOU, GPH employees and their families will receive priority services from the hospital. The MoU was signed by Shobhon Mahbub Shahabuddin, Chief...
Mohd. Hanif Chowdhury and SM Shafiul Hoque have been re-elected chairman and vice chairman of the Republic Insurance Company Limited respectively at the 145th meeting of the company's Board of Directors recently, says a press release.Hanif Chowdhury, a renowned businessman,...
Janata Bank Limited held a discussion and doa mahfil at the head office of the bank on Tuesday, marking the 93rd birth anniversary of Bangamata Sheikh Fazilatunnesa Mujib. Chairman of the bank Dr SM Mahfuzur Rahman, Managing Director and CEO...
Sonali Bank PLC has signed a Memorandum of Understanding (MOU) with National Pension Authority to collect all types of fees, charges and monthly installment through Sonali payment gateway. Sonali Bank CEO & Managing Director Md. Afzal Karim and Executive Chairman...
United Commercial Bank PLC organised a skill development training for agri entrepreneurs under Agri-CSR project 2023 'Voroshar Notun Janala' at Bogura Rural Development Academy Auditorium on Wednesday. Some 300 entrepreneurs from 12 upazilas of Bogura district joined the programme. Director...
Mercantile Bank Limited organised a condolence meeting to commemorate the 48th martyrdom anniversary of Bangabandhu Sheikh Mujibur Rahman. The event took place during the 427th meeting of the board of directors at the bank's head office on Wednesday. Chairman of...
FE REPORT | 2023-08-10 00:00:00
The City Bank Ltd has revised its investment amount in a proposed digital bank named "Digi10 Bank".The private lender said in a stock exchange filing on Wednesday that the board revised down the size of the investment from Tk 277.80...
FE REPORT | 2023-08-10 00:00:00
Prime Finance & Investment suffered a loss of Tk 341 million in the nine months through September 2022, due to what the company claims is huge provisioning against loans and advances.The non-bank financial institution (NBFI) recorded a profit of Tk...
BABUL BARMAN | 2023-08-10 00:00:00
Large-cap stocks, such as Grameenphone, British American Tobacco Bangladesh, and Robi Axiata, have failed to draw investors though they posted remarkable profit growths for the first half of this year.Almost all the top 10 large-cap stocks, including some renowned local...
TOKYO, Aug 9 (Reuters): Japan's Honda Motor reported a 78 per cent rise in quarterly profit on Wednesday, boosted by increased sales, especially in the North American market, and a weaker yen.Japan's second-biggest automaker by sales said its operating profit...
Shahjalal Islami Bank Limited launched contactless Debit, Credit and Prepaid cards on Wednesday, aiming to provide banking services to the customers at the fastest and safest time. The contactless cards not only provide convenience of contactless payment but also offer...
Biman Bangladesh Airlines and Gulf Air signed a strategic code-share agreement on Wednesday, aiming to enhance travel connectivity, convenience, and accessibility for passengers travelling between Bangladesh and the Gulf region, says a press release.The signing ceremony was held virtually at...
FE REPORT | 2023-08-10 00:00:00
Bangladesh's leading electronics manufacturer Walton will host a mega industrial fair in the city from August 10 to 12.At the event, Walton will showcase its homemade machineries to catch new foreign investment and product orders.The fair titled 'International Advanced Components...
FE REPORT | 2023-08-10 00:00:00
Unilever Bangladesh Ltd (UBL), a leading Fast Moving Consumer Goods (FMCG) company of Bangladesh, has recently brought down prices of some of its products used by families everyday.The products include soaps, shampoos and handwash. The UBL has cut the prices...
FE REPORT | 2023-08-10 00:00:00
A three-day trade and investment exposition will be held in Canada this November with an eye to promoting Bangladesh as a potential investment destination for Canadian businesses and help boost bilateral trade.The expo styled 'CBCCI Trade and Investment Expo 2023'...
FE REPORT | 2023-08-10 00:00:00
Failure of the incumbent board of the apparel sector apex body - BGMEA -- to create ground for holding fresh election with an extended timeframe has given rise to discontent among a section of its members, insiders said. Now the...
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