RIYADH, June 22 (Arab News): French President Emmanuel Macron on Thursday said that the world should act urgently to change the operational model of the global financial system. Speaking at the Summit for a New Global Financial Pact in Paris,...
The 41st board meeting of Community Bank Bangladesh Limited was held at the Police Headquarters in Dhaka on Wednesday. Inspector General of Police, Bangladesh and Chairman of the bank Chowdhury Abdullah Al-Mamun presided over the meeting. During the meeting, important...
The 856th meeting of the executive committee (EC) of Shahjalal Islami Bank Limited (SJIBL) was held on Wednesday at its corporate head office. The meeting was presided over by Akkas Uddin Mollah, chairman of executive committee of the bank. SJIBL...
Dhaka Bank Limited inaugurated its 114th branch in Tangail's Karatia on Thursday. The bank Chairman Abdul Hai Sarker inaugurated the branch as the chief guest, while founder Vice Chairman ATM Hayatuzzaman Khan, Managing Director & CEO Emranul Huq and Dhaka...
The 40th annual general meeting of Islami Bank Bangladesh Limited (IBBL) was held on Thursday virtually. IBBL Vice Chairman Tanveer Ahmad presided over the meeting, while Vice Chairman Yousif Abdullah Al-Rajhi, IDB representative Areef Suleman, Managing Director & CEO Mohammed...
Md Moin Uddin Masud was promoted to general manager (GM) of Rupali Bank Limited recently, says a press release.In this regard, a circular was issued by the Financial Institutions Division of the Ministry of Finance.Upon being promoted, he joined Rupali...
A delegation of 10 members of the Agri-Business Trade Mission of the Netherlands visited Bangladesh Agricultural Research Institute (BARI) on Thursday, says a press release.BARI scientists and officers welcomed the delegation at the institute. During a meeting with the delegation,...
DU CORRESPONDENT | 2023-06-23 00:00:00
The Dhaka University (DU) authorities on Wednesday announced a Tk 9.1-billion budget for fiscal year (FY) 2023-24 during its annual senate session.The session was hosted at Nabab Nawab Ali Chowdhury Senate Bhaban on the DU campus with vice-chancellor (VC) Prof...
Sonali Bank PLC signed a deal with Islami Bank Bangladesh Limited to collect various fees and charges from from the customers of Islami Bank digital wallet service 'Cellfin' and mobile financial service 'Mcash' online by using 'Sonali Payment Gateway' service....
Ispahani emerged as the top beverage brand in Bangladesh, according to a recent study by Kantar Worldpanel that deals in consumer knowledge and insights based on continuous consumer panels. Kantar Worldpanel published the study titled 'Brand Footprint 2023' recently, says...
NAZIMUDDIN SHYAMOL | 2023-06-23 00:00:00
CHATTOGRAM, June 22: The Chittagong Port Authority is now set to lease out two container terminals, which include the New Mooring Container Terminal (NCT) and Patenga Container Terminal (PCT), to foreign operators. The move focuses on introducing competition among terminal...
WASHINGTON, June 22 (Reuters): US banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could prove too onerous, especially for lenders still reeling from the March banking crisis, according to six people briefed...
FE REPORT | 2023-06-23 00:00:00
Junk stock Imam Button Industries has been flying high on the Dhaka Stock Exchange for the last one month though the business has been in the red for a decade.Its financial indicators are in the negative. Losses have been piling...
FE REPORT | 2023-06-23 00:00:00
Loss-making companies kept their dominance on the Dhaka Stock Exchange (DSE) gainers' chart on Thursday, as a rumour spread on the trading floor that gamblers were putting bets on securities.Six out of top 10 market gainers have been suffering losses...
LONDON, June 22 (AFP): The Bank of England (BoE) Thursday lifted its key interest rate by a half-point to five per cent to tackle stubbornly high UK inflation despite such a move worsening a cost-of-living crisis.The higher-than-expected hike to a...
US-Bangla Airlines, one of the country's private airliners, has sealed the fifth position among the South Asian airlines in the Skytrax World Airline Awards 2023, reports BSS.US-Bangla hopes this prestigious achievement in the global aviation field will escalate Bangladesh aviation...
Mastercard has announced its collaboration with BRAC Bank Limited to launch World Credit Card, the country's first-ever wellbeing credit card focusing on health and wellness benefits. Selim R. F. Hussain, MD & CEO, BRAC Bank, and Syed Mohammad Kamal, Country...
The 38th annual general meeting (AGM) of Peoples Insurance Com-pany Limited was held on a digital platform on Wednesday, says a press release. The company's chairman Jafar Ahmed Patwari presided over the meeting. Adviser M. H. Khaled, and Chief Executive...
The Hongkong and Shanghai Banking Corporation Limited (HSBC) in collaboration with Dhaka North City Corporation (DNCC) organised the second edition n of their climate series events titled 'Together for Climate' on Wednesday as a part of HSBC's sustainability efforts. Mayor...
Representatives from the US Embassy, the Ministry of Agriculture, and the International Fertiliser Development Centre (IFDC) on Thursday launched the five-year, $35 million 'Feed the Future Bangladesh Climate Smart Agriculture Activity' to help farmers mitigate climate impacts and increase their...
FE REPORT | 2023-06-23 00:00:00
The government has formed four high-powered committees to oversee overall management, including purchase and sale, transportation and preservation of rawhide and skins of sacrificial animals during Eid-ul-Azha.The bodies are a commerce secretary-led central coordination committee, a 24-member monitoring team, a...
Nepalese Ambassador to Bangladesh Ghanshyam Bhandari on Thursday said his country sees huge potential to cooperate with Dhaka in five key areas, including the energy sector, setting milestones in bilateral and sub-regional cooperation, reports UNB."We are encouraged by the decision...
Gold hit a three-month low on Thursday as traders braced for the second day of U.S. Federal Reserve Chair Jerome Powell's testimony, with the possibility of more rate hikes overriding any support from signs of a softer labour market, reports...
LONDON, June 22 (Reuters): Oil futures fell on Thursday, with trader concern over the impact of a bigger-than-expected Bank of England rate hike outweighing potentially bullish U.S. oil inventory data after preliminary figures showed a fall in stocks.Brent futures dropped...
Ukraine strike damages Crimea bridgeMOSCOW, June 22: A strike has damaged a bridge linking the annexed Crimean peninsula to a region of southern Ukraine partially occupied by Russia, a Russian official said on Thursday. "During the night a strike hit...
COPENHAGEN, Jun 22 (AP): European Union officials warned Thursday there is a growing risk of mosquito-borne viral diseases such as dengue and chikungunya in Europe due to climate change.The European Center for Disease Prevention and Control said that because Europe...
JAKARTA, June 22 (Reuters): Indonesia has changed where it will host ASEAN's first-ever joint military exercise to a location away from the South China Sea where several countries including China have overlapping territorial claims, its military said on Thursday.The non-combat...
MADRID, June 22 (AFP): Thirty-nine migrants drowned when their dinghy sank in the Atlantic Ocean off the Canary Islands, Spanish non-profit group Walking Borders said on Wednesday.The coast guard said rescue workers had recovered the body of a minor on...
BRUSSELS, June 22 (AP): The European Union has summoned the leaders of Serbia and Kosovo for emergency talks on Thursday to try to bring an end to a series of violent clashes near their border that is fueling fears of...
BEIJING, June 22 (BBC/Reuters): Nine people have been detained over an explosion at a barbecue restaurant in north-west China which has killed at least 31 people. A gas leak is suspected to have caused the explosion in Yinchuan city on...
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