FE REPORT | 2023-08-08 00:00:00
The Dhaka Stock Exchange (DSE) formed a three-member committee to investigate the latest technical glitch in the prime bourse's server, which disrupted trading settlement of 63 stockbrokers on Sunday.The committee led by its independent director Rubaba Dowla, will submit its...
FE REPORT | 2023-08-08 00:00:00
The stock market regulator has approved the draft prospectus of an open-ended mutual fund named ICL INCTL Shairah Fund with an initial target size of Tk 250 million.The approval came on Monday at a meeting at the office of the...
Southeast Bank Training Institute organised a training programme titled "Ethics, integrity and morality practices in banks and consequences of its breach" on a virtual platform recently. Southeast Bank Managing Director Nuruddin Md Sadeque Hossain inaugurated the programme, which was attended...
BABUL BARMAN | 2023-08-08 00:00:00
Award winning Capitec Asset Management secured commendable returns at double-digit rates from investments out of its two open-ended mutual funds in FY22, which was much higher than from most other instrument vehicles. Its Shariah-based fund, Capitec Padma P.F. Shariah Unit...
FRANKFURT, Germany, Aug 7 (AFP): Siemens Energy reported a record third-quarter net loss Monday after taking a 1.6-billion euro ($1.7 billion) hit to fix technical problems with its onshore wind turbines.The group had warned in June that quality issues at...
TOKYO, Aug 7 (AFP): Toshiba said a previously announced scheme to take the troubled Japanese conglomerate private in a deal worth around $14 billion will launch on Tuesday.The move comes after years of turmoil for the company, which once symbolised...
HONG KONG, Aug 07 (Reuters): Around 80 per cent of Hong Kong-based investment banking staff at Credit Suisse will be made redundant starting this week, two people with knowledge of the matter said, as part of the bank's integration with...
BERLIN, Aug 7 (AFP): German industrial output plunged in June, official data showed Monday, with the economy ministry warning of a gloomy outlook as high energy prices and interest rates took their toll.Output fell for the second consecutive month, but...
Midland Bank Limited (MDB) collaborated with Placid NK Corporation, a global money transfer company, to establish remittance drawing arrangement. Through this arrangement, Midland Bank will be able to disburse remittances from its branches and Agent Banking Centres, sourced through Placid...
Prime Bank has recently signed a Memorandum of Understanding (MoU) with Bangladesh Investment Development Authority (BIDA) to provide a One-Stop Banking Service to foreign investors. BIDA Executive Chairman Lokman Hossain Miah was present as the chief guest at the signing...
Walton, a leading global electronics manufacturing company, will host the country's first-ever mega industrial fair titled 'International Advanced Components and Technology (ATS) Expo-2023' in Dhaka from August 10 to 12.The fair will be held at Hall-1 of the International Convention...
Adcomm Ltd., the country's leading creative and advertising agency, has stepped into its 50th year of operation. Since its start, Adcomm has been relentless in its pursuit of innovation in the communication field. Under the fearless leadership of Geeteara Choudhury,...
Bangladesh in the current season has exported 2,700 tonnes of mangoes to 34 countries so far this year, reports UNB. According to the Ministry of Agriculture, the mango export rose by 1,000 tonnes this year compared to the previous year....
FE REPORT | 2023-08-08 00:00:00
The American Apparel and Footwear Association (AAFA) called on Bangladesh government to address the issue of workers' welfare and raise minimum wages for garment workers.Expressing concern over the murder of union leader Shahidul Islam, the AAFA, in a letter to...
FE REPORT | 2023-08-08 00:00:00
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Indian Chamber of Commerce (ICC) have agreed to strengthen bilateral trade for the mutual benefit of Bangladesh and India. The development came during the two trade bodies' business-to-business...
HAMBURG, Aug 7 (Reuters): Chicago wheat rose around 2 per cent on Monday as global supply concerns intensified, spurred by fears of an escalation of attacks on Black Sea shipping after a Ukrainian strike on a Russian tanker.Chicago Board of...
Gold prices receded on Monday as the US dollar and Treasury yields gained after traders digested Friday's jobs report, with attention turning to US inflation data later this week, reports Reuters.Spot gold was down 0.4 per cent at $1,934.89 per...
LONDON, Aug 7 (Reuters): Oil prices edged lower following a protracted rally, but retained support from pledges by top producers Saudi Arabia and Russia to extend supply cuts through September.Both global benchmarks notched up their sixth consecutive weekly gains last...
Thai election runners-up agree coalitionBANGKOK, Aug 07: Thailand's election runners-up announced a fresh coalition with a government-aligned party on Monday as lawmakers attempt to overcome resistance from military and pro-royalist senators to break a political deadlock. The kingdom has been...
PHNOM PENH, Aug 07 (BBC): The eldest son of Cambodia's long-term ruler has been endorsed as the country's next premier in a formality confirming the transition of power. On Monday, Cambodia's king issued a decree stating Hun Manet will succeed...
JERUSALEM, Aug 07 (AP): Israeli troops on Sunday killed three alleged Palestinian militants in the northern West Bank, further escalating a wave of violence in which two other people, including a young Palestinian man believed to have been gunned down...
NUH, Aug 07 (Reuters): Hindus and Muslims have clashed in the Indian state of Haryana a week after violence erupted during a Hindu procession in a Muslim neighbourhood, with a tomb and several vehicles torched and shops ransacked, police said...
ISLAMABAD, Aug 07 (AP): Former Prime Minister Imran Khan's party said it will appeal what government critics describe as a flimsy case, aimed at removing the former cricket star from politics ahead of a general election meant to be held...
NEW DELHI, Aug 07 (BBC): Indian opposition leader Rahul Gandhi has returned to parliament for the first time since he was convicted in a criminal defamation case. The Congress party leader had lost his lawmaker status in March after he...
NIAMEY, Aug 07 (Reuters)): Niger closed its airspace on Sunday until further notice, citing the threat of military intervention from the West African regional bloc after coup leaders rejected a deadline to reinstate the country's ousted president.Earlier, thousands of junta...
ISLAMABAD, Aug 07 (Reuters): Pakistan has decided decided to send its cricket team to India to participate in this year's 50-over World Cup, the foreign office said on Sunday.The neighbouring countries have played each other only in multi-team events at...
BRISBANE, Australia, Aug 07 (AFP): England survived the sending-off of Lauren James to scrape past Nigeria in a penalty shoot-out on Monday and were joined in the Women's World Cup quarter-finals by co-hosts Australia.European champions England will play either Colombia...
MELBOURNE, Aug 07 (AFP): Mitchell Marsh was named Australia's new Twenty20 captain Monday for their tour of South Africa, as selectors revealed Test and one-day skipper Pat Cummins has a fractured wrist but should be fit for the World Cup.Marsh...
The Bangladesh Cricket Board (BCB) is likely to announce the captain for the ODI format when it will hold a board of directors' meeting today (Tuesday) at its headquarters at Sher-e-Bangla National Cricket Stadium in the city, reports BSS.The post...
FRISCO, United States, Aug 07 (AFP): Lionel Messi scored twice, including a brilliant late equaliser, as Inter Miami advanced past FC Dallas to the quarter-finals of the Leagues Cup on penalties after an enthralling 4-4 draw.A trademark curling free-kick in...
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