LAXMIPUR, July 26 (UNB): A Laxmipur court on Wednesday sentenced five people to death and 14 others to life imprisonment for killing a Jubo League leader in 2015.The condemned convicts are-Madhu, Mamun, Babu alias Galakata Babu, Shamim and Kawsar alias...
Newly elected Member of Parliament (MP) from the Dhaka-17 constituency Mohammad Ali Arafat took the oath at the Jatiya Sangsad Bhaban in the city on Wednesday, reports BSS.Jatiya Sangsad (JS) Speaker Dr Shirin Sharmin Chaudhury administered the oath to Arafat,...
Information and Broadcasting Minister Dr Hasan Mahmud, who is now in Kolkata to inaugurate the 5th Bangladesh Film Festival, visited 'Bangladesh Bhaban' at Visva-Bharati University in Santiniketan of West Bengal on Wednesday, reports BSS.Visva-Bharati University Registrar Ashok Kumar Mahato welcomed...
The 52nd birth anniversary of Bangabandhu's grandson and Prime Minister Sheikh Hasina's ICT Affairs Adviser Sajeeb Wazed Joy will be observed today (Thursday) in a befitting manner, reports BSS.Joy, son of Prime Minister Sheikh Hasina and eminent nuclear scientist Dr...
European Union's Special Representative for Human Rights Eamon Gilmore on Wednesday had a meeting with trade unions and labour rights experts. They discussed wages, working conditions and trade union recognition in the context of EU trade preferences, reports UNB. There...
Awami League General Secretary Obaidul Quader has warned that BNP will have to shoulder responsibility for any kind of terrorism and violence in the name of movement, reports UNB."If BNP creates any kind of terrorism and violence in the name...
State Minister for Foreign Affairs Md Shahriar Alam briefing journalists at the Foreign Service Academy emerging from a meeting with the envoys in the city on Wednesday — Focus Bangla
FRANKFURT, July 26 (AFP): Deutsche Bank reported Wednesday a heavy fall in second-quarter profits as Germany's biggest lender was hit by hefty charges related to legal disputes in the United States.Net profit came in at 763 million euros ($845 million)...
KUWAIT CITY, July 26 (AFP): Kuwait recorded its first surplus in nine years for the 2022-2023 fiscal year which ended in March, the finance ministry said on Wednesday, crediting last year's surge in oil prices.The Gulf emirate, whose revenues rely...
SAN FRANCISCO, July 26 (AFP): Four US leaders in artificial intelligence (AI) announced Wednesday the formation of an industry group devoted to addressing risks that cutting edge versions of the technology may pose.Anthropic, Google, Microsoft, and ChatGPT-maker OpenAI said the...
GANDHINAGAR, India July 26 (Reuters): Top executives from Foxconn and semiconductor firms Micron and AMD will this week attend a conference in Prime Minister Narendra Modi's home state, as the government tries to lure investments into India's nascent chip industry.India...
PacWest Bancorp's shares rose nearly 38 per cent in premarket trading on Wednesday, a day after smaller rival Banc of California agreed to buy the lender for $1.1 billion in an all-stock deal, reports Reuters.Banc of California's shares jumped nearly...
Most stock markets in the Gulf rose on Wednesday as strong corporate earnings and pledges by Chinese authorities to shore up the economy lifted investor sentiment, reports Reuters.In China, the world's second-largest economy and second-biggest oil consumer, leaders pledged to...
BENGALURU, July 26 (Reuters): Shares of Tata Motors rose as much as 4.1 per cent to a record high on Wednesday after the company reported a better-than-expected first-quarter profit and announced a plan to cancel its 'A' ordinary shares.The automaker...
LONDON/SYDNEY, July 26 (Reuters): Stocks around the world fell on Wednesday as caution reigned ahead of an expected US Federal Reserve interest rate rise later in the day that may see rates go up to their highest since the global...
TOKYO, July 26 (AFP): Nissan said Wednesday that its net profit more than doubled in the three months to June, as a weaker yen and improving sales in Japan and North America offset declines in China.The news came as the...
The 42nd Board Meeting of Community Bank Bangladesh Limited was held at the Police Headquarters in Dhaka on Tuesday. The meeting was chaired by Inspector General of Police and Chairman of the bank Chowdhury Abdullah Al-Mamun. Managing Director & CEO...
The eighth extra-ordinary general meeting (EGM) and 37th annual general meeting (AGM) of Rupali Bank Limited was held on a virtual platform at the bank's head office in the city on Wednesday. Chairman of the board of directors of the...
Social Islami Bank won an award in the category of 'Financial Inclusion Initiative of the Year-Bangladesh' at the ABF Retail Banking Awards Summit 2023 held in Singapore. Zafar Alam, Managing Director & CEO of SIBL, received the award at the...
A daylong training on 'Prevention of Money Laundering & Combating The Financing of Terrorism' was held at a Hotel & Resort in Manikganj recently. Officials of different scheduled banks operating in Manikganj district participated in the training. Mercantile Bank Limited...
Southeast Bank Limited organised a workshop titled 'Transitioning to ISO 20022' at its Training Institute in Dhaka on Tuesday with the support of J.P. Morgan Chase Bank N.A., USA. Shibu Thomas, Executive Director & Head of APAC Product Solutions Specialist...
The Trustee of IDLC Income Fund declared a 3.0 per cent final cash dividend recently. This is in addition to the interim Cash Dividend of 3.9 per cent disbursed in January 2023. So, the total cash dividend of IDLC Income...
FE REPORT | 2023-07-27 00:00:00
The 19.73-km Dhaka Elevated Expressway is set to open partially to traffic soon.The expressway stretching from Hazrat Shahjalal International Airport (HSIA) to Farmgate via Kuril, Banani, Mohakhali and Tejgaon awaits inauguration, reads a press release issued on Tuesday.Dr Md Mushfiqur...
FE REPORT | 2023-07-27 00:00:00
Heidelberg Cement Bangladesh appears to have put its agonising days behind, as the multinational cement maker posted profits for the second consecutive quarter, thanks to higher net sales.The German-based cement manufacturer recorded profits of Tk 91 million in the April-June...
Mutual Trust Bank (MTB) has announced its remarkable achievement as the recipient of the esteemed 'Performance on Profitability -- The Best Bangladeshi Bank' award, conferred by the renowned Indian Chamber of Commerce (ICC). This prestigious recognition reflects MTB's unwavering commitment...
FE REPORT | 2023-07-27 00:00:00
South Bangla Agriculture and Commerce (SBAC) Bank's profits in the April-June quarter of this year more than doubled compared to the same period last year, due to lower provisions against loans and higher interest income.The private lender reported a net...
FE REPORT | 2023-07-27 00:00:00
The broad index of the Dhaka Stock Exchange (DSE), DSEX, managed to close flat on Wednesday, breaking a streak of marginal losses experienced in the previous four consecutive sessions. The index saw a rise of 1.49 points to close at...
FE REPORT | 2023-07-27 00:00:00
Robi Axiata, the second largest telecom operator in Bangladesh, registered a net profit of Tk 244 million in the April-June quarter this year, driven by higher revenue and a significant reduction in foreign exchange loss.The telecom operator had incurred a...
NEW DELHI, July 26 (Reuters): India's pharmaceutical exports this fiscal year are set to grow nearly twice as fast as last year to hit sales of $27 billion, driven by strong US buying, a government-backed trade body told Reuters, despite...
The 10th Annual General Meeting (AGM) of Global Islami Bank PLC was held virtually on Tuesday. Nizam Chowdhury, Chairman of the bank, presided over the meeting. Vice Chairperson Maimuna Khanam, directors, shareholders and Managing Director Syed Habib Hasnat were present...
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