Prime Minister Sheikh Hasina asked the authorities concerned to gradually come out of the trend of subsidies initially on utilities like electricity and water to reduce burden on the state coffer, reports BSS.The Premier gave the directive while chairing the...
Investors at risk of losing out of ICB, Sea Pearl bond-share transfer deal Investors of Sea Pearl Beach Resort & Spa may lose their profit partially, as the company is going to convert 20 per cent of its bonds worth...
MUNIMA SULTANA | 2023-11-10 00:00:00
Daily passengers have averaged over 100,000 on the entire Uttara-Motijheel metro-rail corridor since the opening of the Agargaon-Motijheel part on Sunday.According to official data of Dhaka Mass Transit Company Ltd (DMTCL), ridership on the MRT 6 was 93,104 on the...
JASIM UDDIN HAROON | 2023-11-10 00:00:00
Banks will sell insurance products shortly as the much-hyped 'bancassurance' is set to get government nod this month, for giving the industry a shot in the arm in a secure way. A refurbished model of the bank-channeled insurance is believed...
FE REPORT | 2023-11-10 00:00:00
The US State Department has expressed concern about the deaths and ongoing “repression” of apparel workers and trade-union activists demonstrating for a review of the recently announced wage hikes.The State Department also called on the government to ensure that workers...
Shamsul Huq Zahid | 2023-11-10 00:00:00
The Financial Express (FE), Bangladesh's oldest and largest-circulated business daily, steps into the 31st year of its publication today with a renewed commitment to fair and objective journalism.The FE has been fortunate to receive unwavering support and patronage from its...
Mary Syndonia Hubbard, geologist of department of Earth Sciences of Montana State University of the USA, presenting a keynote paper ' Orogenic Origins: Himalayan Tectonics, Hazards, and Climate at a seminar organised by Open School of Bangladesh Open University on...
FE REPORTDhaka South City Corporation (DSCC) Mayor Sheikh Fazle Noor Taposh called upon on Thursday the commerce minister to break the market syndicates to contain the price spiral of essential commodities considering the woes of the consumers."I call upon the...
A student receives a medal from Convocation Speaker Selina Hossain, president of Bangla Academy, at the 24th Convocation of Independent University, Bangladesh (IUB) at the Bangabandhu Bangladesh-China Friendship Exhibition Centre in Rupganj of Narayanganj on Wednesday
President Mohammed Shahabuddin holding talks with Chief Election Commissioner Kazi Habibul Awal at Bangabhaban in the city on Thursday — PID
FE REPORTForty per cent of parents still do not seek medicare when their children display pneumonia symptoms, pushing pneumonia as the leading cause of child mortality in Bangladesh and globally.Globally, the risk of death is five times higher if children...
Three separate courts in the city on Thursday sent BNP vice chairmen Shahjahan Omar and Shamsuzzaman Dudu, standing committee member Amir Khasru Mahmud Chowdhury and convener of its media cell Jahir Uddin Swapan, to jail in three different cases filed...
A joint meeting of Bangladesh Awami League (AL) Dhaka city south and north units of the party as well as its associate bodies' presidents and general secretaries will be held at the party's central Bangabandhu Avenue office at 10am today...
TANGAIL, Nov 09 (UNB): Police arrested a local BNP leader from Tangail's Beparipara area in a case filed under the Explosives Substances Act.Farhad Iqbal, general secretary of BNP's Tangail district unit, was arrested on Thursday afternoon, said Mohammad Abu Salam...
JU CORRESPONDENTLeaders and activists of the Jahangirnagar University unit of Bangladesh Chhatra League (BCL) brought out a procession and held a rally on the campus on Thursday protesting the nationwide blockade enforced by the BNP. Speakers at the rally warned...
Shaheed Nur Hossain Day, a red-letter day to restore democracy in the country, will be observed tin a befitting manner, reports BSS.On this day in 1987, Awami Jubo League leader Nur Hossain, who imprinted his bare chest and back with...
NATORE, Nov 09 (UNB): Home Minister Asaduzzaman Khan Kamal on Thursday said they are still trying to hold the upcoming national election with participation of all parties as the Prime Minister wants it."We are still trying to hold the election...
WASHINGTON, Nov 09 (Reuters): The interest rate on the most common type of US residential mortgage plunged last week by the most in nearly 16 months on the back of a rally in the Treasury market that drove down the...
LUXEMBOURG, Nov 09 (Reuters): An EU tribunal made legal errors when it ruled in favour of Apple over a 13-billion-euro ($14 billion) tax order and should review the case again, an adviser to Europe's top court said on Thursday, in...
Dhaka Power Distribution Company (DPDC) won the prestigious Asian Power Award-2023 for the first time in Malaysia on Wednesday. In the 19th edition of "Asian Power Award-2023", DPDC won awards in two categories - “Power Utility of the Year-Bangladesh” and...
Concord Entertainment Company Ltd and Transcom Beverages Ltd have announced the renewal of their longstanding partnership, marking an incredible 22 years of collaboration. The renewal agreement was officially signed at a ceremony in the city recently by Anup Kumar Sarker,...
cWalton receives 'National Export Trophy'Walton, country's capital market electronics giant, has received the 'National Export Trophy' in recognition of its outstanding contribution to the export of electrical and electronic products from Bangladesh during the fiscal year 2020-2021. Walton's Additional Managing...
MUMBAI, Nov 9 (Reuters): Reliance Industries raised 200 billion rupees ($2.40 billion) on Thursday, in the largest bond issue by a non-financial Indian firm, by paying 40 basis points more than the government's borrowing cost.The company's 10-year bonds were sold...
NCC Bank distributed agri inputs including seeds, fertiliser and pesticides among 1,600 marginal farmers of Rangpur, Dinajpur, Sayedpur and Rajarhat of Kurigram as part of its corporate social responsibility. Md Zakir Anam, deputy managing director of NCC Bank, presided over...
Prime Bank's 'Neera' has recently signed an agreement with Konna Well-being Ltd at Prime Bank head office in the city. Nazeem A Choudhury, deputy managing director of Prime Bank, and Kanij Fatima, executive director of Konna Well-being, signed the agreement....
Trust Bank Limited and CA Property Development Limited (CPDL) signed a deal to facilitate housing loans for CPDL customers. Trust Bank Deputy Managing Director and Chief Business Officer Ahsan Zaman Chowdhury and CPDL President Iftekhar Hosen signed the agreement in...
FE Report | 2023-11-10 00:00:00
NRB Bank will raise Tk 1 billion from the primary market by offloading 1 million shares at Tk 10 each under the fixed price method.It will utilise the IPO fund to invest in government and listed securities. The Bangladesh Securities...
FE REPORTPetroleum marketer Meghna Petroleum's profit jumped 40 per cent year-on-year to Tk 4.42 billion in FY23, as income from bank deposits escalated during the period. "We had a big gain in non-operating income in FY23, as we had huge...
Babul Barman | 2023-11-10 00:00:00
Investors of Sea Pearl Beach Resort & Spa may lose their profit partially, as the company is going to convert 20 per cent of its bonds worth Tk 3.25 billion into ordinary shares.The Investment Corporation of Bangladesh (ICB), which had...
CUMILLA, Oct 09 (UNB): Two women were killed as a truck hit them while crossing the road on the Dhaka-Chattogram highway in the Shabdalpur area of Daudkandi upazila of Cumilla on Wednesday.
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