There are a few countries in the world, which have been successful in limiting the use of plastic bags significantly. Rwanda, a pioneer in banning single-use plastic bags, is now one of the cleanest nations on earth. This has been...
In today's fast-paced and competitive world, young men and women face a multitude of challenges that can take a toll on their mental well-being. The alarming rise in suicide rates among university students is a stark reminder of the need...
Zahid Huq | 2023-12-01 00:00:00
When the new income tax law made tax returns and payment of tax on their earnings at a rate of 27.5 per cent mandatory for the provident fund (PF) in the private sector, private sector employees vented their deep frustration....
The Population and Household Census Report 2022 released recently by the Bangladesh Bureau of Statistics (BBS) shows, among an array of curious findings, an upsetting picture too. Over a third of the country's current 169.828 million population has no education,...
Annalena Baerbock | 2023-11-30 12:00:00
A farmer in the Niger whose fields have dried up due to the heat. A father in Palau who does not know whether his house will still be standing when his children are grown up - or whether the rising...
TOKYO, Nov 29 (AFP): Tokyo stocks ended lower on Wednesday, as a higher yen against the dollar weighed on the market.The benchmark Nikkei 225 index was down 0.26 percent, or 87.17 points, to end at 33,321.22, while the broader Topix...
BENGALURU, Nov 29 (Reuters): India's blue-chip indexes logged their best day in two weeks on Wednesday, led by high weightage information technology (IT) and financials stocks, after comments from a US Federal Reserve official elevated bets of rate cuts to...
German shares led gains in Europe on Wednesday after data pointed to easing inflation in the most populous state in the country, boosting expectations that the European Central Bank will cut interest rates next year, reports Reuters.The German DAX rose...
HONG KONG, Nov 29 (Reuters): A new exchange-traded fund (ETF) tracking Saudi equities made its trading debut in Hong Kong on Wednesday, becoming the first product of its kind in Asia amid warming bilateral relations between China and Saudi Arabia.The...
LONDON, Nov 29 (Reuters): Treasury yields and the dollar hit multi-month lows on Wednesday after a US Federal Reserve official made fresh hints of interest rate cuts, while stocks gained ground on hopes of easing inflation.Fed funds futures rallied on...
J.P. Morgan expects economic uncertainty clouding the outlook for risky assets in the first half of next year as investors look for clarity on the direction of monetary policy, reports Reuters."Equities will likely need to negotiate earnings adjustment, as activity...
NEW YORK, Nov 29 (AFP): Wall Street stocks advanced early Wednesday, extending a positive run following updated US growth data and a hefty share buyback announcement from General Motors.The US economy saw GDP growth of 5.2 percent at an annual...
Chinese stock investors are ploughing money into exchange-traded funds (ETFs) this year at the fastest pace on record as they choose to play a languid stock market passively and wait for it to trough, reports Reuters.The trend has also caught...
Rupali Bank Limited opened its 23rd sub-branch at the Islamic Foundation Bhaban at Agargaon in the city under the Rokeya Sarani Branch of the bank. Dr Md Bashirul Alam, director general of Islamic Foundation Bangladesh, inaugurated the sub-branch while Rupali...
Prime Bank and iFarmer have signed an agreement to ease financing to farmers and agri entrepreneurs. Nazeem A Choudhury, deputy managing director of Prime Bank, and Fahad Ifaz, chief executive officer of iFarmer, exchanged the documents of the signed agreement...
Dhaka Bank launched a co-branded Mastercard World Credit Card exclusively for Gulshan Club members. Mohammad Abu Jafar, Additional Managing Director of Dhaka Bank, Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard, Rafiqul Alam (Helal), President of Gulshan Club, MA Quader (Anu),...
Southeast Bank won the Mastercard Excellence Awards 2023 in 'MasterCard Prepaid Business (International)' and 'MasterCard Online Acquiring Business' categories. Southeast Bank Managing Director Nuruddin Md Sadeque Hossain received the trophies from Helen LaFave, charge d'affaires at the US Embassy in...
FE REPORT | 2023-11-30 00:00:00
The cut-off price of initial public offering (IPO) shares of Best Holdings has been fixed at Tk 35 each through electronic bidding process involving eligible investors.The determination of this price took place over a 72-hour bidding window from November 20...
FE REPORT | 2023-11-30 00:00:00
The state-run Meghna Petroleum suffered a net operating cash crisis in the first quarter (Q1) of this fiscal year due to increased payments to suppliers, employees and others.The country's second largest petroleum marketer saw cash inflows of Tk 79.60 billion...
COLOMBO, Nov 29 (Reuters): Sri Lanka has been informed that a debt-restructuring agreement with creditor nations has been reached but is yet to receive a letter of confirmation from the official creditor committee, a government source told Reuters on Wednesday.Sri...
WASHINGTON, Nov 29 (AFP): Apple is set to end its credit card tie-up with Goldman Sachs, a US newspaper reported Tuesday, as the investment bank pulls back from consumer lending.Apple sent a proposal to Goldman Sachs to exit from their...
FRANKFURT (Germany), Nov 29 (AFP): German inflation slowed further in November, preliminary data showed Wednesday, offering a glimmer of hope for Europe's biggest economy as it struggles through a period of weakness.Consumer prices rose 3.2 percent year-on-year, down from a...
JOHANNESBURG, Nov 29 (Reuters): Impala Platinum on Tuesday temporarily halted operations at its Rustenburg mining complex in South Africa after 11 workers died and 75 were injured in what the CEO said was "the darkest day" in the company's history.Impala...
Bengal Commercial Bank (BGCB) inaugurated its Islami Banking sub-branch at Khatunganj in Chattogram. Mahbubul Alam, Vice Chairman of the Bank and President of Federation of Bangladesh Chambers of Commerce & Industry (FBCCI), inaugurated the branch, recently. K M Awlad Hossain,...
BASEL (Switzerland) Nov 29 (AFP): The international bank regulatory body on Wednesday launched a process to develop rules for lenders to report their climate-related risks in a bid to boost transparency and financial stability.The Basel Committee on Banking Supervision said...
The Hong kong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been voted as 'Market Leader' in Bangladesh for the 14th time and 'Best Service' in Bangladesh for the 6th time in a row, in the Euromoney Cash Management Survey...
Yamaha inaugurated two bikes including its premium sports segment scooter Aerox 155cc and new colour Dark Matt Blue of the FZ-X at the ACI Centre at Tejgaon in city on Tuesday, says a press release. Subrata Ranjan Das, Executive Director...
Recently an agreement was signed between GPH Ispat Limited and ABC Real Estates Limited for delivery of high-strength steel re-bar.The agreement was signed by Managing Director of GPH Ispat Mohammed Jahangir Alam and Chairman of ABC Real Estates Limited Mostaqur...
Abul Kalam Azad has taken over as Chief Executive Officer of Takaful Islami Insurance Limited with effect from November 26 as per approval of the Insurance Development and Regulatory Authority, says the company in a statement. He obtained his M.Com...
FE REPORT | 2023-11-30 00:00:00
The Bangladesh Investment Development Authority (BIDA) and Novo Freight Logistics Limited, a private organisation, joined hands on Wednesday to bolster logistics support for investors, thereby enhancing the country's investment landscape.Mohsina Yasmin, an executive member of BIDA, and Md Syed Mustafizur...
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