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...
European Union's Special Representative for Human Rights Eamon Gilmore had a meeting with trade unions and labour rights experts in Dhaka on Wednesday, reports UNB. They discussed wages, working conditions and trade union recognition in the context of EU trade...
FE REPORT | 2023-07-27 00:00:00
The cabinet committee on government purchase on Wednesday approved a number of proposals, including import of nearly 1.7 million tonnes of refined fuel oil from five countries.Finance Minister AHM Mustafa Kamal chaired the meeting. Cabinet division additional secretary Sayed Mahbub...
JASIM UDDIN HAROON, back from Kunming, Yunnan, China | 2023-07-27 00:00:00
Transactions at Asia's largest flower market in Kunming, China, have witnessed a rapid growth, surging to double digits in recent times, thanks to the adoption of cutting-edge digital technology.Known as Kunming International Flora Auction Trading Centre (KIFA), the market, situated...
ISMAIL HOSSAIN | 2023-07-27 00:00:00
"Volvo Eicher bus is the number one in Bangladesh market, and it will remain the number one here," said SS Gill, a top executive of VE Commercial Vehicles Ltd (VECV), a joint venture of Volvo Group and Eicher Motors Ltd....
TAZIN SUMAYA | 2023-07-27 00:00:00
Sumaya, an ambitious undergraduate student in the BBA programme of East West University (EWU), always used to score well in her academic studies. However as the course work diverged in senior years, she realised that her lack of proficiency in...
MAYESHA MOMTAZ | 2023-07-27 00:00:00
The Dhaka University National Model United Nations (DUNMUN) 2023, conference that started on July 19, concluded with its inspiring closing ceremony on July 22. The event served as a catalyst, uniting delegates from Bangladesh and beyond, providing them an invaluable...
Afra Ibnat | 2023-07-27 00:00:00
SAT (Scholastic Assessment Test) is a standardised test to test a student's reading, writing and mathematical ability. The questions spark analytical and critical thinking in a student and bring out aspects like the ability to work under pressure. The universities...
Modi to face no-confidence vote in parliament over Manipur violence NEW DELHI, July 26: Indian Prime Minister Narendra Modi's government will face a no-confidence vote in parliament amid deadlock with the opposition over violence in the state of Manipur. A...
ISLAMABAD, July 26 (AP): The Taliban announced Tuesday that all beauty salons in Afghanistan must now close as a one-month deadline ended, despite rare public opposition to the edict.Sadiq Akif Mahjer, spokesman for the Taliban-run Virtue and Vice Ministry, did...
ISLAMABAD, July 26 (AP): Pakistan's election oversight body said on Tuesday it would indict the country's former Prime Minister Imran Khan next week on charges of publicly insulting its officials last year.Khan appeared before a special tribunal of t Election...
PHNOM PENH, July 26 (BBC): Cambodia's Prime Minister Hun Sen, one of the world's longest-serving leaders, has announced he will resign and hand over to his son in early August. The anticipated announcement came three days after his party again...
PYONGYANG, July 26 (BBC): A Russian delegation led by Defence Minister Sergei Shoigu has arrived in North Korea, to be joined by a Chinese delegation later on Wednesday.They will attend Pyongyang's celebrations of the 70th anniversary of the end of...
The use of gas for various purposes is increasing day by day. However, gas reserves in Bangladesh are not increasing proportionately. One of the main causes for gas crisis in the country is the misuse of gas. It is sad...
We know that we cannot eat money. But we are running after it, and for this we are destroying our natural environment. Thousands of trees are cut down each day in Bangladesh and only a few are being planted. Trees...
As most of our rural people have financial constraints, it is difficult for them to go to district or divisional hospitals to get medical treatment. They need health care facilities at their doorsteps. In this case, upazila health complex (UHC)...
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