The Awami League's nomination form collection and submission for the 12th Jatiya Sangsad election ended on Tuesday amid festivity and enthusiasm, reports BSS.Aspirant candidates submitted their forms after filling up those at the party's Bangabandhu Avenue central office here.The entire...
DUBAI, Nov 21 (Reuters): Dubai Taxi Company (DTC) on Tuesday kicked off the subscription period for its upcoming initial public offering (IPO), and announced a price range for the offering, which would value it at up to 4.6 billion dirhams...
LONDON/TOKYO, Nov 21 (Reuters): Global inflationary forces are finally seeping into Japan's economy after decades of falling prices, forcing investors to radically rethink their Japan bets as the Bank of Japan considers a major policy shift.International investors, who have long...
European shares were subdued on Tuesday as declines in telecom and energy stocks offset gains in materials, while investors awaited minutes from the Federal Reserve's latest meeting to support bets that policymakers are done with interest rate hikes, reports Reuters.The...
Mumbai, Nov 21 (Reuters): India's Reliance Industries plans to invest 200 billion rupees ($2.40 billion) in eastern state of West Bengal over next three years to expand Reliance's telecom, retail, energy businesses in the state, Chairman Mukesh Ambani said on...
NEW YORK, Nov 21 (Reuters): Demand for new credit in the US over the last year has declined and will likely stay soft in the future, according to a survey released on Monday by the New York Federal Reserve.There was...
Islami Bank Bangladesh PLC organised a training workshop titled 'Cyber Security Protection' for agent banking officials on a virtual platform on Monday. Additional Managing Director of the bank Muhammad Qaisar Ali addressed the programme as the chief guest while Senior...
The 12th AGM of the Switzerland-Bangladesh Chamber of Commerce and Industry (SBCCI) was held recently. SBCCI President Engr. Abdur Rashid presided over the AGM while Swiss Ambassador Reto Renggli was present as the chief guest. Vice President of SBCCI Vidiya...
The 226th Matlab Uttar, Chandpur branch of United Commercial Bank (UCB) was inaugurated on Tuesday. Arif Quadri, managing director and CEO of UCB, inaugurated the branch as the chief guest.
Modhumoti Bank Limited has recently signed an agreement with digital banking platform upay at the head office of the bank. Md Shafiul Azam, managing director and CEO of Modhumoti Bank, and ATM Tahmiduzzaman, member of the board of directors of...
A ceremony on "Debut Trading and Ring the Bell" & "Signing of Listing Agreement" of Mercantile Bank Perpetual Bond of Tk.50.00 crore (Public Offer Portion) was held on Tuesday at the Training Academy of the DSE, Dhaka. Ashim Kumar Saha,...
FE REPORT | 2023-11-22 00:00:00
Capital Market Stabilisation Fund (CMSF) has backtracked on its decision to disburse loans to market intermediaries in absence of any legal framework, but contemplates giving loans through a scheduled bank. In March, it made the decision to provide cheap loans...
The 7th edition of Bangladesh BUILDCON 2023, an international trade show for the building & construction industry, will kick off in Dhaka tomorrow (Thursday). ASK Trade & Exhibitions Pvt Ltd. jointly with Futurex Trade Fair & Events Pvt Ltd. has...
IFIC Bank, the largest bank in the country with 1300+ branches and sub-branches, is actively fostering economic self-reliance among women through a range of multi-dimensional activities in their daily lives.IFIC Bank has recently conducted financial literacy programme at its Akahura,...
FE REPORT | 2023-11-22 00:00:00
Despite Bangladesh recording a surplus in red meat production in the last fiscal year, local importers and traders are pressing the authorities for buffalo meat imports from India.Over a dozen local importers, including Chasse Gallery, Agrol and Darbar Matsho Arot,...
FE REPORT | 2023-11-22 00:00:00
Telecoms carrier Banglalink announced its sixth consecutive quarter of double-digit growth, solidifying its position as a credible national player.In Q3, Banglalink's year-on-year (YoY) revenue grew by 15.1 per cent to BDT 15.88 billion, indicating the trust and preference of its...
Prime Minister Sheikh Hasina visits the stall of LafargeHolcim Bangladesh Limited (LHBL) at the Investment Expo organised by the FICCI on the occasion of its 60 years at a city hotel on November 19. During her visit, LHBL CEO Mohammad...
Bank Asia Limited Independent Director Helal Ahmed Chowdhury has recently been elected as the chairman of BA Express USA Inc, a money transfer company owned by the bank, according to a statement. Mr Chowdhury is a veteran banker with over...
FE REPORT | 2023-11-22 00:00:00
United Power Generation & Distribution Company saw its profit plunge 38 per cent year-on-year to Tk 1.84 billion in the first quarter through September, mainly due to a significant loss in foreign currency transactions. The leading power generation company's revenue...
FE REPORT | 2023-11-22 00:00:00
Square Pharmaceuticals is going to invest $2.5 million to set up a subsidiary in the Philippines to grab a higher share of the country's drug market. The subsidiary, Samson Pharma Inc is expected to begin its operations by April 2024,...
ISLAMABAD, Nov 21 (AP): The Pakistan Cricket Board appointed former international players Umar Gul and Saeed Ajmal as bowling coaches for the national team on Tuesday.Gul will be the fast bowling coach while Ajmal will handle the spin bowlers. Both...
Bangladesh's Sheikh Morsalin celebrating after scoring a goal against Lebanon in their World Cup Qualifiers match at the Bashundhara Kings Arena on Tuesday. Bangladesh hold Lebanon to a 1-1 draw — Collected
PARIS, Nov 21 (AFP): Reigning champions Italy secured their ticket for Euro 2024 on Monday after holding on for a nervy goalless draw against Ukraine in their final qualifier, while the Czech Republic and Slovenia also clinched places at next...
NEW DELHI, Nov 21 (Agencies): The Cricket World Cup attracted a tournament-record 1.25 million spectators during the 6 1-2-week event which ended Sunday with Australia beating India by six wickets for its sixth title.The ICC said on Tuesday that the...
Former Bangladesh opener Nafis Iqbal is set to make a comeback as the national team manager during the home series against New Zealand later this month, reports UNB.He previously served as the team manager leading up to the World Cup.However,...
Dhaka Division clinched the title of the 25th National Cricket League (NCL) after their match against Dhaka Metro ended in a draw at Sheikh Kamal International Cricket Stadium in Cox's Bazar on Tuesday, reports BSS.The match in fact destined to...
In a radical step to regulate the pace of play, the International Cricket Council (ICC) has said it will experiment with having a stop clock between overs, according to ESPNcricinfo. A penalty of five runs will be imposed on the...
LONDON, Nov 21 (Reuters): A private fund that plans to build power projects on sites such as hospitals and data centres to reduce energy wastage has secured backing from the European Union's investment arm.The European Investment Fund (EIF) said it...
NEW DELHI, Nov 21 (Reuters): A decline in international crude oil prices will help control India's inflationary pressures going forward, the country's finance ministry said in a report on Tuesday.India's retail inflation eased in October to a four-month low of...
SHANGHAI, Nov 21 (Reuters): China's major state-owned banks have been active in the currency market this week, buying the yuan and helping hasten its recovery against a broadly weaker US dollar, two sources told Reuters on Tuesday.The big banks, which...
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