FE REPORT | 2023-11-14 00:00:00
Olympic Industries has posted a double-digit profit growth for the July-September quarter this year, having reduced administrative costs substantially.The country's leading biscuit maker's profit soared to Tk 561 million in the quarter, despite a decline in revenue. The earnings per...
MOHAMMAD MUFAZZAL | 2023-11-14 00:00:00
Zaheen Spinning has recommended only 0.25 per cent cash dividend for FY23 so that it can retain its status as 'B' stock. Having invested Tk 10 per share in Zaheen Spinning, a shareholder would get Tk 0.025 from the investment....
MUMBAI, Nov 13 (Reuters): India's imports of palm oil and sunflower oil in 2022/23 surged by 24 per cent and 54 per cent, respectively, to record highs on a rebound in consumption and as both oils were available at a...
LONDON, Nov 13 (Reuters ): Oil prices held steady on Monday, with market caution heightened by waning demand in the United States and China as well as mixed signals from the US Federal Reserve.Brent crude futures for January were up...
DUBAI, Nov 13 (Reuters): Dubai's Emirates placed an order for 90 more Boeing 777X jets at the opening of the Dubai Airshow on Monday, including both variants of the future long-haul jet.The world's largest international carrier also added five more...
CAIRO, Nov 13 (Arab News): Egypt's annual urban consumer price inflation rate dropped to 35.8 per cent in October from a record high of 38 per cent in September, data from the country's statistics agency CAPMAS showed on Saturday, coming...
LONDON, Nov 13 (Reuters): The dollar climbed to its highest levels in over a year against the Japanese yen on Monday, supported by a scaling back of expectations for US Federal Reserve interest rate cuts next year.Japanese authorities were unusually...
RIYADH, Nov 13 (Arab News): Saudi Arabia has increased the disbursement of funds for various insurance benefits for the third consecutive month, with the spending surpassing SR10.7 billion ($2.8 billion) in October, according to recent data from the General Organisation...
TOKYO, Nov 13 (Reuters): Japanese wholesale inflation slowed below 1.0 per cent for the first time in just over 2-1/2-years in October, data showed on Monday, a sign that cost push pressures that had been driving up prices for a...
SEOUL, Nov 13 (Xinhua): Hyundai Motor, South Korea's biggest automaker, said Monday that it will build a plant dedicated to the production of electric vehicles (EVs) in its homeland in a bid to start mass production in 2026.Hyundai held a...
BEIJING, Nov 13 (Reuters): China's leaders, determined to upgrade manufacturing, are steering money toward makers of high-tech products, from semiconductors to EVs, raising fears that overcapacity will fuel a new wave of cheap exports.Lending data from China's central bank offers...
Uttara Motors Ltd., one of the leading and renowned automobile assembler and marketing company, held its Annual Dealer Conference '23 in Chattogram recently. Matiur Rahman, Chairman & Managing Director of Uttara Group of Companies, presided over the conference attended by...
Ansar-VDP Unnayan Bank held its Gazipur Region Managers' Conference-2023 at Bangladesh Agricultural Research Institute Auditorium in Gazipur recently. Managing Director of the bank Md. Mosaddake-Ul-Alam was present as the chief guest.
National Bank Limited opened its 39th and 40th sub-branches at Ranishankail in Thakurgaon and at Nama Bazar in Savar Bazar respectively recently. Head of Branches Operations Division & SEVP Nizam Ahmed was present as the chief guest at the inaugural...
Daraz officially launched its 11.11 Biggest Sale of the Year on November 11, giving it a more significant role this year to enhance the quality of life for both shoppers and sellers amidst challenging times, says a press release. In...
Meghna Group of Industries (MGI) Chairman & Managing Director Mostafa Kamal has been honoured with the 'Iconic Business Leader' award. Former Deputy Governor of Bangladesh Bank Muhammad A. (Rumee) Ali handed over the award to Mostafa Kamal at 'Bangladesh C-Suite...
The Financial Express Editor Shamsul Huq Zahid along with CEO of Chartered Life Insurance Company Ltd. SM Ziaul Hoque and other guests cuts a cake at the newspaper's office in Dhaka on Sunday, marking the 30th anniversary of the country's...
Dhaka Bank Limited donated blankets to the Prime Minister's Relief Fund for distribution among the poor and distressed people during the upcoming winter. Chairman of the bank Abdul Hai Sarker hands over a token blanket to Prime Minister Sheikh Hasina...
FE REPORT | 2023-11-14 00:00:00
The government has granted permission to an additional ten companies to import 50 million eggs as part of ongoing efforts to tame egg prices. With this recent approval, a total of 35 companies have been authorised to bring in 250...
FE REPORT | 2023-11-14 00:00:00
Bangladesh needs to lower its apparel-production margin costs through developing skills and manufacturing high-value-added items amid heightened competition in post-LDC period.The country's ready-made garment sector will lose trade preferences that offer substantial profit margins and government supports, like bonded warehouses...
ASJADUL KIBRIA | 2023-11-14 00:00:00
After a year of the worst economic crisis in history, Sri Lanka's economy is struggling hard to recover from its deep wounds. Though there are some signs of recovery, it will take more time for obvious reasons.A leading economist of...
Players of Laila Group celebrating with the champions trophy after winning the "GamesHour Corporate Premier League T20-Season 2" at the Police Staff College Cricket Ground in the city recently. They beat Mutual Trust Bank by 1 wicket. Bangladesh Cricket Board...
NEW DELHI, Nov 13 (Agencies): After 39 days and 45 matches, the long group stage of the Cricket World Cup is over and four teams remain in the running for the title.After almost six weeks of huge totals, shock wins,...
MUMBAI, India, Nov 13 (AP): Host India, five-time champion Australia and long-time title contenders South Africa and New Zealand navigated the five-week first phase of the Cricket World Cup to reach the semifinals.When the tournament got underway on October 05,...
Farmers harvesting Aman paddy at a field in a village of Feni district on Monday — Focus Bangla
RAJSHAHI, Nov 13 (BSS): A meritorious teacher and a student belonging to the Bioscience Faculty in Rajshahi University (RU) were given dean's award as recognition of their significant achievement in their respective academic fields.Abu Saleh, a teacher of the Department...
CHATTOGRAM, Nov 13 (UNB): Two minor children drowned in separate incidents in Banshkhali upazila of Chattogram district on Monday.The deceased were identified as Rifat Mia, one and half year old boy of Ahmed Shafi of Boirag Para under Shilkup union...
OUR CORRESPONDENT | 2023-11-14 00:00:00
RAJSHAHI, Nov 13: Tuli Begum, a resident of the Hargram Rail Crossing area of Rajshahi city, is struggling to survive with her daughter and infant grandson. She has chosen a difficult and risky profession like pulling rickshaw.She said, "When I...
A total of five people were killed in separate road accidents in Joypurhat and Chattogram districts on Monday and Sunday night, reports UNB.In Joypurhat, two motorcycle riders were killed in a head-on collision between two motorcycles at Durgadah Bazar in...
Cameron appointed UK foreign secretaryLONDON, Nov 13: Former UK prime minister David Cameron made a surprise return to frontline politics Monday after British leader Rishi Sunak appointed him foreign secretary in a government reshuffle. Cameron, who was Britain's leader from...
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