SAIF UDDIN | 2023-06-13 00:00:00
A good number of micro and small entrepreneurs in the villages across Narayanganj have become self-reliant through their hard work and efforts, also creating opportunities for others, with easy microcredit from the Grameen Bank (GB).Earlier, many of these entrepreneurs were...
A Dhaka court on Monday placed BNP's Dhaka south city unit member secretary Rafiqul Alam Majnu and Jubo Dal general secretary Monayem Munna one-day remand each in two separate cases, reports BSS.Dhaka Metropolitan Magistrate Farah Diba Chanda passed the order...
A Dhaka court on Monday set July 20 for submitting the probe report in a case lodged over the murder of Colonel Khandaker Nazmul Huda, Bir Bikram, who was killed on November 7, 1975, reports BSS.Dhaka Metropolitan Magistrate Ali Haider...
Awami League (AL) General Secretary Obaidul Quader on Monday said the ruling AL will never betray the country's people, reports BSS."With the decrease in temperature, load-shedding has dwindled and there will be no longer load-shedding in the country," he told...
Prime Minister Sheikh Hasina on Monday unveiled a book containing 200 speeches of the greatest Bangalee of all time Father of the Nation Bangabandhu Sheikh Mujibur Rahman.The book titled 'Bhayera Amar' was unveiled at the beginning of the cabinet meeting...
FE REPORT | 2023-06-13 00:00:00
BNP senior joint secretary general Ruhul Kabir Rizvi on Monday claimed that there are many countries around the world where the youths played a vital role to free their respective countries. The fascist falls by the slogans and strengths of...
Prime Minister and Awami League president Sheikh Hasina on Tuesday asked Awami League leaders and workers to work together to bring her ruling party back to power to sustain the momentum of development, reports UNB. "If any party other than...
BENGALURU, June 12 (Reuters): Indian shares held firm on Monday, while investors awaited directions from key central bank meetings in a data-heavy week, starting with the domestic retail inflation reading later in the day.The blue-chip Nifty 50 index closed 0.21...
LONDON, June 12 (AFP): Asia-focused bank giant HSBC on Monday relaunched the recently-acquired UK arm of collapsed US lender Silicon Valley Bank as part of a major push into technology and life sciences.It rebranded SVB UK as HSBC Innovation Banking,...
WINNIPEG, Manitoba, June 12 (Reuters): Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean fuel and stay competitive, a move that could cost Canada C$10 billion ($7.5...
PARIS, June 12 (AFP): Silvio Berlusconi's career may have been dogged by scandal but he showed genuine innovation in building his real estate and media empires -- even if the late billionaire missed out on the digital revolution.Before reaching high...
ZURICH, June 12 (AFP): Swiss pharmaceutical giant Novartis said Monday that it had reached a deal to buy US kidney treatment developer Chinook Therapeutics for up to $3.5 billion.Chinook Therapeutics, which is based in the northwestern city of Seattle, is...
Pakistan paid for its first government-to-government import of Russian crude in Chinese currency, the South Asian country's petroleum minister said on Monday, a significant shift in its US dollar-dominated export payments policy, reports Reuters.The first cargo of discounted Russian crude...
Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said on Sunday, reports Reuters.The spokesperson confirmed the details from an interview with Soros published in The Wall Street Journal on Sunday....
ZURICH, June 12 (Reuters): UBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss bank with a balance sheet of $1.6 trillion and greater muscle in wealth management.Announcing the biggest...
Prime Bank has recently partnered with Jatri Service to offer exclusive pricing on bus tickets to its credit card holders and employees during Eid-ul-Adha. Md Nazeem Anwar Choudhury, deputy managing director of Prime Bank Ltd, and Zayan Fida Noor, director...
Bank Asia Limited signed an agreement with AIW Works India, a leading AI-based automation firm. Adil Chowdhury, president & managing director of Bank Asia and Sohaib Siddiqui, founder of AIW Works, signed the agreement on behalf of their respective organisations...
BENGALURU, June 12 (Reuters): India's outsourcing giants are slashing hiring and getting projects done with existing workers, a rare pullback that could weigh on the economy and affect engineering students who have seen information technology as the sector of choice...
Transcom Digital, the largest partner of Japanese electronics company- Arcelik, has launched new series of Hitachi washing machine.Officials of the company introduced two models of Eclipse washer at a function at Transcom Digital Showroom in the capital on Monday, says...
Abul Khair Steel, a prominent player in the steel industry, recently organised a factory visit titled 'AKS World of Steel' to the largest integrated steel making plant in the country.The event attracted 110 final-year engineering students from renowned universities such...
The country's leading online marketplace, Daraz Bangladesh, has launched its Grand Eid Fest campaign, offering exciting deals and a joyful shopping experience for Eid-ul-Azha, says a press release. With discounts of up to 60 per cent, 30,000 hot deals, and...
FE REPORT | 2023-06-13 00:00:00
Stocks witnessed a yet another major fall on Monday, with the benchmark index of the Dhaka bourse dipping to three-week low, as jittery investors went on a late-hour selling spree.Although the market showed a positive trend initially, the indices failed...
MOHAMMAD MUFAZZAL and BABUL BARMAN | 2023-06-13 00:00:00
The highest annual tax rebate on investments in listed securities of the capital market will be reduced by one-third, or 33 per cent, to Tk 1 million if the draft income tax act 2023 is approved by parliament. In that...
LONDON, June 12 (Reuters): The value of global advertising revenue from retailer-owned e-commerce sites is growing so fast that the medium, known as retail media, is forecast to exceed television revenue by 2028.GroupM, the world's biggest media buyer, said it...
WASHINGTON, June 12 (Reuters): The World Bank must use "informed risk-taking" to encourage private investors to get more engaged in helping developing countries deal with climate change and leapfrog fossil-fuel energy sources, its new president, Ajay Banga, said on Sunday.Banga...
LONDON, June 12 (Reuters): Members of the largest investor coalition focused on convincing the corporate world to act on climate change rarely flex their muscles to pressure the worst polluters, an analysis of shareholder voting records and interviews with members...
RIYADH, June 12 (Arab News): The first day of the 10th Arab-China Business Conference saw the signing of 30 investment agreements worth $10 billion across various sectors including technology, renewables, agriculture, real estate, minerals, supply chains, tourism, and healthcare.According to...
Islami Bank Training and Research Academy (IBTRA) organised Foundation Training Course for probationary officers on Monday. Muhammad Qaisar Ali, Additional Managing Director of the bank, was present as the chief guest while KM Munirul Alam Al-Mamoon, Principal (Current Charge) of...
Pubali Bank Limited and Dutch-Bangla Bank Limited signed an agreement for fund transfer between Pubali Bank's mobile banking app (PI) and Dutch-Bangla Bank's mobile banking app (Rocket) recently. Md Rabiul Alam, DGM & Head of Alternative Delivery Channel (ADC) Division...
Sadia Rayen Ahmed was elected the Chairman of Dutch-Bangla Bank Ltd. at the 267th meeting of the Board of Directors of the bank on Monday. She succeeds Sayem Ahmed, says a press release. Sadia Rayen Ahmed has been serving as...
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