FE Today Logo

Search results for:


Wheat prices fall, soybeans up

2023-12-12 00:00:00

HAMBURG, Dec 11 (Reuters): Chicago wheat slipped on Monday from last week's four-month highs as investment funds showed few signs of exiting bearish positions despite the biggest US wheat sales to China in years.Soybeans rose on concerns about Brazilian weather....

Oil prices edge down with investors still wary

2023-12-12 00:00:00

LONDON, Dec 11 (Reuters): Oil prices dipped on Monday as worries persisted around crude oversupply despite OPEC+ cuts and softer fuel demand growth next year.Brent crude futures fell 43 cents to $75.41 a barrel by 1221 GMT. US West Texas...

KOHINOOR CHEMICAL HOLDS 36TH AGM

2023-12-12 00:00:00

The 36th Annual General Meeting (AGM) of Kohinoor Chemical Company (Bangladesh) Limited was held on Sunday on a digital platform. Chairman of the company Mohammad Obaidul Karim, Managing Director Md. Rezaul Karim, Director Md Ebadul Karim, and Independent Directors Prof...

JANATA BANK NOW OFFERS SAVING CERTIFICATE SERVICE

2023-12-12 00:00:00

From now on, Janata Bank PLC will issue four types of savings certificates of the Department of National Savings. Managing Director and CEO of the bank Md Abdul Jabbar inaugurated the service as the chief guest while DMD Md Ramjan...

SONALI BANK HOLDS WORKSHOP

2023-12-12 00:00:00

A training workshop on 'Grievance Redress System (GRS) and using its Software' organised by Sonali Bank PLC was held at its head office in the city on Monday. Mafiz Uddin Ahmed, Additional Secretary of Financial Institutions Division, Ministry of Finance,...

News in Brief -2023-12-12)

2023-12-12 00:00:00

Russia targets Kyiv with ballistic missilesKYIV, Dec 11: Russia fired eight ballistic missiles at Kyiv early Monday, all of which were shot down, Ukraine's Air Force said. The thwarted attack still left one person injured by shrapnel and three more...

Kishida to sack key ministers for fraud

2023-12-12 00:00:00

TOKYO, Dec 11 (AFP): Japan's Prime Minister Fumio Kishida is set to fire several top ministers who are reportedly under investigation for alleged fraud, local media said Monday, in what would be the second reshuffle in three months.Those to be...

Israel to fight for months to defeat Hamas

2023-12-12 00:00:00

GAZA, Dec 11 (AP/AFP): Israel said it is prepared to fight for months or longer to defeat Gaza's Hamas rulers, as its ground offense intensifies with more airstrikes and artillery fire.Qatar, which has played a key mediating role, says efforts...

African mediators claim progress

2023-12-12 00:00:00

KHARTOUM, Dec 11 (Reuters): An African regional body involved in efforts to mediate over the war in Sudan says it has secured a commitment from warring parties to implement a ceasefire and to hold a political dialogue aimed at resolving...

Stop-clock trial begins with WI-England T20 series

2023-12-12 00:00:00

After the introduction of stop clocks was approved at an International Cricket Council (ICC) meeting in Ahmedabad recently, the world body is set to trial it in international cricket, starting with the opening T20 between West Indies and England in...

India to start U-19 WC campaign against BD

2023-12-12 00:00:00

Defending champions India will start their title defence in the 2024 U-19 World Cup by taking on Bangladesh, the 2020 champions, reports Cricbuzz. The tournament, which had to be shifted from Sri Lanka to South Africa, will be played from...

Nahida 1st B'deshi woman to win ICC 'player of the month' award

2023-12-12 00:00:00

Left-arm spinner Nahid Hasan scripted a history by becoming the first Bangladesh woman cricketer to win the ICC 'Player of the Month' award for her brilliant performance in November, reports BSS.She beat compatriot Fargana Hoque and Pakistan's Sadia Iqbal to...

Young Tigers advance to semifinals from Group B

2023-12-12 00:00:00

Bangladesh advanced to the semifinals of the ACC U-19 Asia Cup from Group B with one match to spare, outplaying Japan by nine wickets with 232 balls remaining in their second match at the ACC Academy Ground-2 in Dubai, UAE,...

Intense cold, fog grip Kurigram, Lalmonirhat disrupting daily life

2023-12-12 00:00:00

KURIGRAM, Dec 11 (UNB): Kurigram and Lalmonirhat districts have been grappling with severe cold and dense fog over the past few days, significantly disrupting daily life and activities.In Kurigram, the extreme weather conditions have particularly affected children, the elderly, day...

Auto-rickshaw driver found dead in Gazipur forest

2023-12-12 00:00:00

GAZIPUR, Dec 11 (UNB): Police recovered the body of a 25-year-old auto-rickshaw driver from a forest in Sreepur upazila of Gazipur district early Sunday.The deceased was identified as Md Hridoy, son of late Sujon Miah in Hatikhola village under Gafargaon...

Derailment halts train movement on Pabna-Ishwardi route

2023-12-12 00:00:00

PABNA, Dec 11 (UNB): Train communication on Pabna-Ishwardi route has remained suspended since Monday morning as two bogies of Rajshahi-bound 'Dhalarchar Express Train' derailed in Ranigram area of Pabna district.Train operator Hafizul Islam said that the derailment occurred around 7:20...

Pricey fodder a concern for northern dairy industry

OUR CORRESPONDENT | 2023-12-12 00:00:00

BOGURA, Dec 11: Dairy farm owners in the northern region, especially in Sirajganj, Pabna and Bogura districts, are now facing trouble due to surging prices of fodder.Farmers attributed the Russia-Ukraine war to the scarce supply of raw materials that hits...

Nvidia wants to set up Vietnam semiconductor base

2023-12-12 00:00:00

HANOI, Dec 11 (AFP): US chip giant Nvidia wants to set up a base in Vietnam to develop its semiconductor industry, its CEO was quoted as saying by the Vietnamese government.Jensen Huang, chairman and CEO of the Silicon Valley chip...

Global trade to contract by 5pc in 2023, says UN body

2023-12-12 00:00:00

GENEVA, Dec 11 (Reuters): Global trade is set to contract by 5 per cent in 2023 compared to last year, the United Nations trade body said on Monday, with an overall pessimistic forecast for 2024.In its Global Trade Update, the...

NRBC BANK TO PROVIDE LONG-TERM LOANS TO EXPORTERS

2023-12-12 00:00:00

NRBC Bank PLC will offer long-term loans at low interest rates to contribute to the economic development of the country. This loan will be in US dollars for investment in export-oriented industries. The 'Long Term Financing Facility (LTFF)' by Bangladesh...

30th AGM of BAB held

2023-12-12 00:00:00

The 30th Annual General Meeting (AGM) of Bangladesh Association of Banks (BAB) was held on Monday. BAB Chairman Md Nazrul Islam Mazumder presided over the meeting. Chairman of City Bank Aziz Al Kaiser, Chairman of Dhaka Bank Abdul Hai Sarker,...

BRAC Bank secures grant from Gates Foundation for banking inclusion for CMSEs, women

2023-12-12 00:00:00

The Bill & Melinda Gates Foundation has approved a grant for BRAC Bank to leverage the digitalisation of banking products and services to bring a significant number of cottage micro and small enterprises (CMSEs) and women into the banking system.The...

TCB seeks Tk 16b in six-month trade gap subsidy

FE REPORT | 2023-12-12 00:00:00

The Trading Corporation of Bangladesh (TCB) has sought over Tk 16 billion as a subsidy to cover the financial loss incurred due to selling essential commodities at subsidised rates for six months, according to officials.In a recent letter to the...

S Alam Group set to invest Tk 580b in two special industrial zones

2023-12-12 00:00:00

S Alam Group, a leading business conglomerates in the country, is in the process of investing over Tk 580 billion in two special industrial zones approved by Bangladesh Economic Zones Authority (BEZA). Within this substantial investment, the company earmarks Tk...

JAMUNA BANK UNVEILS NEW LOGO

2023-12-12 00:00:00

In line with an ever-changing world, Jamuna Bank is constantly moving forward with the trust and confidence of its customers. A new chapter has begun with the unveiling of a fresh logo, with a promise of more advanced and smart...

Secondary trading of treasury bill, bonds surges 90pc in five months

FE REPORT | 2023-12-12 00:00:00

Trading in the secondary market of the government's fixed income securities has surged by 90 per cent in the first five months of the current fiscal year (FY'24), compared to the same period of the previous fiscal (FY'23).According to the...

European shares listless ahead of cenbank rate decisions; miners fall

Ankika Biswas and Khushi Singh | 2023-12-12 00:00:00

Dec 11 (Reuters): European shares were lacklustre at the start of an event-heavy week as investors buckled up for key U.S. inflation print and interest rate decisions from major global central banks, while weakness in metal prices knocked down miners.The...

Agreement signed between Investment Corporation of Bangladesh and Public Works Department

2023-12-12 00:00:00

An agreement was signed between the Investment Corporation of Bangladesh and the Public Works Department of the government for construction of ICB bhaban. The deal was signed by project director Engineer Md. Arifur Rahaman of the ICB, and Executive Engineer...

First Security Islami Bank inaugurated training programme on internal auditor's

2023-12-12 00:00:00

First Security Islami Bank inaugurated a training programme on internal auditor's and muraquib's role towards universal and Shariah banking with the participation of executives of the bank at FSIB training institute, Dhaka. Mr. Syed Waseque Md Ali, managing director of...

IFIC Bank PLC signed agreement with Bangladesh Bank

2023-12-12 00:00:00

IFIC Bank PLC signed an agreement with Bangladesh Bank to avail loan facility under Long Term Financing Facility (BB-LTFF). Mohammad Shah Alam Sarwar, managing director and CEO of IFIC Bank and Liza Fahmida, director at BB Financial Sector Support and...