FE REPORT | 2023-06-22 00:00:00
Last-minute strokes raise bank directors' tenure to 12 years from nine and allow a sister concern of a defaulting business group or a person to borrow from banks as the much-hyped Bank Company (amendment) Act 2023 was passed in parliament...
FE REPORT | 2023-06-22 00:00:00
The country’s foreign-currency reserves crossed $30-billion mark on Wednesday, according to the central bank data.The forex reserves stood at $30.016 billion as on June 21, which was $29.958 billion a day ago, the Bangladesh Bank (BB) statistics showed.Seeking anonymity, a...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Mymensingh, Sylhet, Rajshahi, Dhaka, Khulna, Barishal, Chattogram divisions in the next 24 hours from 06:00 am today (Thursday), according to the...
JU CORRESPONDENT | 2023-06-22 00:00:00
Honours course admission test for the first four shifts of 'D' unit under the Faculty of Biological Sciences of Jahangirnagar University (JU) for the academic year of 2022-2023 was held on Wednesday. Only the girl candidates participated in the test...
Bangladesh has become one of members of the International Conference of Information Commissioners (ICIC) executive committee (EC), reports BSS.Bangladesh got elected through the voting of 83 member states at the 14th ICIC conference held in Manila, Philippines on Wednesday.The nine-member...
Two more deaths were reported from dengue in 24 hours until Wednesday morning, raising the fatalities from the mosquito-borne disease in Bangladesh to 38 this year, reports UNB.During the period, 360 more patients were hospitalised with the viral fever, according...
FE REPORT | 2023-06-22 00:00:00
Some 822 industrial units, including readymade garment factories, across the country under the jurisdiction of Industrial Police (IP) did not pay wages for the month of May until Wednesday.A total of 9,915 units, including textile, garment and jute, located in...
Prime Minister (PM) Sheikh Hasina on Wednesday said Bangladesh Coast Guard (BCG) will be developed as a modern and time-fitting force to carry out its growing responsibility, reports UNB."Our (its) responsibility will go up in future. Keeping eyes on it,...
FE REPORT | 2023-06-22 00:00:00
Head-on emission in the country witnessed a 31.48 per cent rise - from 0.98 tonnes of carbon dioxide equivalent in 2012 to 1.29 tonnes in 2019, revealed a government report.The Ministry of Environment, Forest and Climate Change, however, said the...
A meeting of Awami League (AL) Central Working Committee will be held at Ganabhaban, the official residence of Prime Minister Sheikh Hasina, at 10.30 am today (Thursday, reports BSS.Awami League (AL) President and Prime Minister Sheikh Hasina will preside over...
Two more prosecution witnesses (PWs) on Wednesday testified in a graft case against BNP acting chairman Tarique Rahman and his wife Zubaida Rahman, reports BSS.Afzal and Shanto appeared as PW-30 and 31 and submitted their depositions as seizure list witnesses...
A petition has been filed with the High Court, seeking the quashing of charges framed against Nobel laureate Dr Muhammad Yunus in a case lodged over violation of labour laws, reports UNB.Barrister Abdullah Al Mamun filed the petition on behalf...
RAJSHAHI, June 21 (BSS): AHM Khairuzzaman Liton, one of the three mayor candidates in Wednesday's election of Rajshahi City Corporation (RCC), has said the decision of Bangladesh Nationalist Party (BNP) to boycott the election is not right."BNP should take part...
SYLHET, June 21 (UNB): Jatiya Party's mayoral candidate for Sylhet City Corporation election, Nazrul Islam Babul, has alleged that BCL and Jubo League leaders and activists are booting out agents for the 'plough' symbol from various centres."I have been getting...
Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday said the undemocratic political evil-forces centering BNP is the main obstacle to country's democracy and fair elections, reports BSS.He said this in a statement sent...
BENGALURU, June 21 (Reuters): India's benchmark Sensex stock index hit a record on Wednesday, while the Nifty 50 logged a new closing high amid sustained foreign inflows into Indian equities backed by the country's strong growth prospects.The S&P BSE Sensex...
LONDON, June 21 (Reuters): Investors on Wednesday ramped up bets on the Bank of England raising interest rates by a hefty half a percentage point on Thursday as inflation failed to fall in May, sending Britain's two-year borrowing costs to...
Asian bonds attracted their highest monthly foreign inflows in about two years in May, boosted by hopes of less aggressive monetary tightening measures from the US Federal Reserve, reports Reuters.Foreigners purchased a net $10.1 billion worth of bonds in India,...
BEIJING/SHANGHAI, June 21 (Reuters): China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package of tax breaks over four years for electric vehicles (EVs) and other green cars, its biggest yet for the industry as it seeks to boost...
WASHINGTON, June 21 (BBC): Tesla CEO Elon Musk has said the electric carmaker will be in India "as soon as humanly possible".His comments followed a meeting with Indian Prime Minister Narendra Modi, who is on a state visit to the...
The 330th meeting of the board of directors of Islamic Finance and Investment Limited (IFIL) was held at its head office in the city on Wednesday. Hossain Mahmud, chairman of the board of directors of IFIL, presided over the meeting....
Sonali Bank PLC has opened its 200th ATM booth. The bank's CEO and Managing Director Md Afzal Karim along with other high officials inaugurated the booth as the chief guest at the Wage Earners Corporate Branch in the capital on...
Shikho, an education technology start-ups, recently joined hands with MetLife Bangladesh to provide insurance facilities to its employees. As part of this, more than 300 employees of Shikho will receive financial protection for medical treatments, accident and loss of life....
ICT Division and Ami Probashi Limited signed a Memorandum of Understanding (MoU) Limited at the BCC auditorium in the ICT Tower in Dhaka on Wednesday. This MoU signifies a collaborative effort between them to advance the 'Ami Probashi' app platform,...
Bangladesh Economic Zones Authority (BEZA) inked a land allotment deal with Ayurvedia Pharmacy (Dacca) Ltd AP on Wednesday to allocate three acres of land at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), reports BSS.Ayurvedia Pharmacy (Dacca) Ltd AP plans to invest...
Monzurur Rahman has been re-elected as chairman of the board of directors of Pubali Bank Limited. Habibur Rahman, advisor of Chauddagram Bankers' Society and also managing director of South Bangla Agriculture and Commerce Bank, congratulated him with flowers on behalf...
Eastern Bank Limited (EBL) and Institute of Architects, Bangladesh (IAB) with the support of Visa have launched a co-brand credit card recently. Dr. Khandaker Shabbir Ahmed, president of IAB, M. Khorshed Anowar, DMD and head of retail and SME banking...
As part of corporate social responsibility, Prime Bank recently signed an agreement with Footstep Bangladesh to establish water filtration systems in government public schools and hospitals in Dhaka, Sunamganj and Kushtia. Faisal Rahman, additional managing director of Prime Bank, and...
FE REPORT | 2023-06-22 00:00:00
Evince Textiles has decided to issue 0.79 million ordinary shares to the shareholders of non-listed Evitex Fashions as part of a merger plan.The listed company will issue shares at a ratio of 1:1.80 at a face value of Tk 10...
The 24th annual general meeting (AGM) of Mutual Trust Bank Limited (MTB) was held virtually on Wednesday. MTB Chairman Md. Abdul Malek presided over the meeting. The AGM approved a 10 per cent stock dividend. MTB Vice Chairman and Founding...
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