NEW YORK, June 18 (Reuters): Fear of missing out on the recent stock market rally is driving traders in the U.S. equity options market to lap up bullish derivative contracts at a hectic pace, further fueling gains for stocks, analysts...
Green Delta Insurance and United Aygaz LPG Ltd have recently signed an agreement. Additional Managing Director of Green Delta Insurance Syed Moinuddin Ahmed and CEO of United Aygaz LPG Ltd Ahmet Ercüment Polat signed the agreement. Through this partnership, Green...
Modhumoti Bank Limited organised a workshop on 'Prevention of Trade Based Money Laundering (TBML) & Credit backed Money Laundering (CBML)' at its training centre in the capital on Saturday. Arab Fazlur Rahman, deputy managing director and chief anti-money laundering compliance...
EXIM Bank held a special business meeting at its head office on Saturday. EXIM Bank Chairman Md Nazrul Islam Mazumder was present as the chief guest, while Managing Director and CEO Mohammad Feroz Hossain presided it over.
Uttara Motors, the sole distributor of Bajaj motorcycles in Bangladesh, organised a five-day 'Bajaj Motorcycle Free Service Camp and Fair' that began on Saturday at Uttara Motors Service Centre at Tejgaon, Begunbari, in Dhaka. This service camp will continue until...
Takaful Islami Insurance Limited unanimously re-elected Tahmina Afroz as its chairman and Emdadul Hoque Chowdhury (Emdad) as vice chairman (Chairman of Lucky Group) for the year 2023-24 in the 133rd meeting of the company's Board of Directors.The meeting was held...
The 9th Annual General Meeting (AGM) of Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) was held on Saturday at Gulshan Club in Dhaka, says a press release.At the AGM, CIS-BCCI President Md Habib Ullah Dawn presented the...
Parveen Mahmud, FCA, from Bangladesh won the 'Top50 Professional & Career Women Global Awards 2023' in the 'Leadership in Finance and Accounting' category. She received the award at a ceremony in Colombo, Sri Lanka, on Saturday, says a press release....
GENEVA, June 18 (AFP): The Swiss, feeling the impact of global warming on their rapidly melting glaciers, on Sunday backed a new climate bill aimed at steering the country towards carbon neutrality by 2050, according to early estimates.The initial projections...
NEW DELHI, June 18 (NDTV): To streamline the disclosure requirements, Sebi has notified rules asking the top 100 listed companies by market capitalisation to confirm, deny or clarify any market rumour reported in the mainstream media from October 1.Further, for...
FE REPORT | 2023-06-19 00:00:00
GBB Power Ltd is likely to reopen its 20MW power plant on "no power, no payment" basis at the risk of a further cut in future profits. The plant, which was shut down on Friday upon expiry of a 15-year...
MOHAMMAD MUFAZZAL and BABUL BARMAN | 2023-06-19 00:00:00
The Monetary Policy Statement (MPS) unveiled on Sunday for the first six months of FY24 will increase the profitability of the lenders as the interest rate spread will widen following the removal of the lending rate cap.From now on, the...
JERUSALEM, June 18 (AFP): US chip giant Intel will spend $25 billion on a new plant in Israel, officials said Sunday, with Prime Minister Benjamin Netanyahu calling it the country's single largest foreign investment.The "agreement in principle" would see the...
The UK's antitrust regulator has cleared Amazon's proposed $1.7 billion acquisition of iRobot, which designs and builds consumer robots, including robot vacuum cleaners sold under the 'Roomba' brand, reports IANS.The Competition and Markets Authority (CMA) found that iRobot's market position...
PARIS, June 18 (Reuters): One of the two pillars of a global corporate tax overhaul due to come into force next year is at risk of collapsing as plans over how to share taxing rights on the 100 biggest, most...
LONDON, June 18 (Reuters): Asian spot liquefied natural gas (LNG) prices reversed their multi-week downward trend and rose to a three-month high last week, tracking European gas gains and as high temperatures in north-east Asia increased cooling demand.The average LNG...
LONDON, June 18 (Reuters): The British government said on Sunday that tech entrepreneur Ian Hogarth would head its new taskforce to look at the safety risks posed by artificial intelligence.Last week, Prime Minister Rishi Sunak pitched London as a potential...
PARIS June 18 (Reuters): Boeing expects to increase production of its best-selling 737 MAX to 38 jets a month "pretty soon," but the company is likely to see supply chain instability at every rate increase, the head of Boeing Commercial...
The Asset Liability Management Committee meeting of Janata Bank Limited has recently been held at the head office of the bank in Dhaka. Managing Director and CEO of the bank Md Abdul Jabber presided over the meeting. Deputy Managing Directors...
National Bank Limited organised a town hall meeting in Sylhet for all the Branch managers and officers of the region on Saturday. Md Mehmood Husain, Managing Director & CEO of the bank, provided guidance to the bank's management and executive...
Pubali Bank Ltd. organised an outreach workshop on 'CMSME, Home Loan Products under CCD, Lease Financing Scheme, Card Business and ADC' at the Head office auditorium recently. Mohammad Ali, Managing Director and CEO of the bank, was present as the...
Mercantile Bank organised a workshop on a case study related to the RMG sector recently. Mati Ul Hasan, Additional Managing Director & CRO of the bank, inaugurated the workshop attended by officials from branches and the head office. Md Enayet...
The total RMG export during July-May period of fiscal year 2022-23 has reached $42.63 billion, registering a 10.67 per cent year-over-year growth, according to Export Promotion Bureau (EPB) data.Out of this total RMG export, $21.22 billion went to the EU...
The 28th Annual Council 2022 (AGM) of ICC Bangladesh was held at a hotel in Dhaka recently. Group picture of the delegates at the Council Meeting with ICC Bangladesh President Mahbubur Rahman, Vice President AK Azad and a few Executive...
FE REPORT | 2023-06-19 00:00:00
The National Board of Revenue (NBR) is going to install the much-desired Electronic Fiscal Device Management System (EFDMS) shortly with the support of Genex Infosys. A Memorandum of Understanding (MoU) was signed on November, 2022 to set up the automated...
PARIS, June 18 (Reuters): European energy ministers could strike a deal on Monday to adopt the outline of a reform of the bloc's electricity market, an official from France's energy ministry said Saturday.France hopes the deal will draw on the...
KUALA LUMPUR, June 18 (Reuters): Palm oil estates in Sabah, Malaysia's largest producing state of the commodity, are experiencing water stress from early signs of El Nino, cutting yields and exacerbating the impact of under-fertilising and labour shortages seen over...
A Twitter video app for smart TVs is in the social media company's plans, owner Elon Musk said in a tweet on Saturday, a move that would be in line with the company's new plans to focus on growing video...
PARIS, June 18 (AFP): Boeing expects the number of commercial planes in service around the world to double in the next 20 years, according to estimates published on Sunday, anticipating a slightly larger increase than competitor Airbus.The American aircraft manufacturer...
MOSCOW, June 18 (Reuters): Igor Sechin, head of Russian energy major Rosneft, said on Saturday that Russia is losing out to other OPEC+ countries due to a smaller share of its oil production being exported.Sechin, a longstanding ally of President...
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