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Attack on CJ residence a 'staged drama' to deny BNP men justice

FE REPORT | 2023-10-31 00:00:00

The leaders of the Bangladesh Jatiyatabadi Ainjibi Forum (BJAF), a platform for pro-BNP lawyers, stated that the attack on the official residence of the Chief Justice (CJ) was a staged "drama" intended to deny justice to BNP leaders and activists.They...

No dialogue with a terrorist party like BNP: Hasan

2023-10-31 00:00:00

Claiming that the BNP has turned into a terrorist organisation under the leadership of its acting chairman Tarique Rahman, Information and Broadcasting Minister Hasan Mahmud has said there is no question of a dialogue with the BNP, reports UNB. "The...

German economy shrinks slightly in third quarter

2023-10-31 00:00:00

FRANKFURT, Oct 30 (AFP): German output shrank slightly in the third quarter, official data published Monday showed, as Europe's largest economy continued to battle high interest rates, elevated energy costs and a manufacturing slowdown.The economy contracted by 0.1 per cent...

Facebook, Instagram to offer ad-free Europe subscriptions

2023-10-31 00:00:00

BRUSSELS, Oct 30 (AFP): Meta announced on Monday that Facebook and Instagram users in Europe will be able to buy subscriptions to use the social networks without any advertising from next month."To comply with evolving European regulations, we are introducing...

Saudi investment ministry signs eight MoUs

2023-10-31 00:00:00

RIYADH, Oct 30 (Arab News): Almost 4,000 new healthcare jobs are set to be created in Saudi Arabia after the Ministry of Investment signed eight memorandums of understanding, valued at SR4 billion ($1.07 billion), with seven international and local companies....

ORYX Bangladesh celebrates 30th anniversary

2023-10-31 00:00:00

ORYX Bangladesh, a liaison office of Franko Ltd., a French buying house, celebrates the 30th anniversary of its operation in Bangladesh. Founder and Managing Director Corinne Dogra and Director Vishal Dogra pose with ORYX team, suppliers and buyers during the...

Pan Pacific Sonargaon Dhaka opened newly-renovated Airport Lounge

2023-10-31 00:00:00

Pan Pacific Sonargaon Dhaka opened its newly-renovated Airport Lounge at the Hazrat Shahjalal International Airport. Managing Director of Hotels International Limited AKM Benjamin Riazi and General Manager of Pan Pacific Sonargaon Dhaka Robin J Edwards inaugurated state-of-the-art facility on Sunday.

Takaful Insurance holds board meeting

2023-10-31 00:00:00

The 135th meeting of the board of directors of Takaful Islami Insurance Limited was held at Dhanmondi in the city recently. Chairman of the company Tahmina Afroz presided over the meeting. Chairman of Executive Committee Md Humayun Kabir Patwary, Chairman...

Walton Hi-Tech holds 17th AGM

2023-10-31 00:00:00

The 17th Annual General Meeting (AGM) of Walton Hi-Tech Industries PLC was held on a virtual platform on Sunday. Walton Hi-Tech Industries Chairman SM Shamsul Alam presided over the AGM. The shareholders and board of the company approved the company's...

30th Sub-Branch named 'Madanpur Sub-Branch' of Uttara Bank PLC opened

2023-10-31 00:00:00

The 30th Sub-Branch named 'Madanpur Sub-Branch' of Uttara Bank PLC was opened at Bandar Thana in Narayanganj on Monday. Managing Director and CEO of the bank Mohammed Rabiul Hossain inaugurated the Sub-Branch as the chief guest. Uttara Bank Deputy Managing...

EBL and FinCoach signed agreement

2023-10-31 00:00:00

M Khorshed Anowar, DMD and Head of Retail and SME Banking of Eastern Bank PLC. (EBL), and Sajjad Kabir Md. Shariful Alam, Managing Director of FinCoach, signed an agreement at the bank's head office in the city recently. Under the...

DHAKA BANK OPENS ASHULIA SUB-BRANCH

2023-10-31 00:00:00

Managing Director & CEO of Dhaka Bank Limited Emranul Huq along with other officials virtually inaugurated the Ashulia Sub-Branch of the bank under its Fantasy Kingdom Branch, located at Savar, recently from the Head Office of the bank in Dhaka.

Ctg-Cox's Bazar rail line to open Nov 12

OUR CORRESPONDENT | 2023-10-31 00:00:00

CHATTOGRAM, Oct 30: The trial run of a train and the inauguration of the newly constructed rail line from Chattogram to Cox's Bazar have been rescheduled.A test train comprising seven coaches and a new engine will depart from Dohazari station...

Seven BD firms on Bloomberg’s sustainability list

FE DESK | 2023-10-31 00:00:00

Seven Bangladeshi companies have earned spots on Bloomberg's sustainability list consisting of more than 16,000 global corporations.Their inclusion in the prestigious list is attributed to their strong performance in environmental, social and governance (ESG) initiatives. The companies are Grameenphone, British...

Irteza Ahmed Khan new MD of NFL

2023-10-31 00:00:00

Irteza Ahmed Khan has recently been appointed as the Managing Director (MD) of National Finance Limited (NFL), said a press release. Irteza started his career in NBFI fraternity with DBH PLC where he was lastly the Head of Motijheel Branch....

DCCI, Riyadh chamber agree to boost biz cooperation

FE REPORT | 2023-10-31 00:00:00

The Dhaka Chamber of Commerce and Industry (DCCI) and the Riyadh Chamber of Commerce (RCC) have agreed to enhance bilateral business cooperation between Bangladesh and Saudi Arabia for mutual benefits.To this effect, the DCCI and the Riyadh chamber signed a...

StanChart and BRAC to provide livelihood support for fishermen

2023-10-31 00:00:00

Standard Chartered Bangladesh and BRAC have launched a joint initiative to help improve the livelihoods of 350 fishermen based in the Sundarbans, says a press release. This initiative provides essential supplies such as boats and nets to support small-scale fishermen...

30 entities honoured with ICAB Award

FE REPORT | 2023-10-31 00:00:00

A total of 30 organisations have received the 23rd ICAB National Award for their best presented Annual Reports, Integrated Reporting, and Corporate Governance Disclosures for 2022.Listed and non-listed entities in 15 different sectors, including banks, non-bank financial institutions, insurance, energy,...

GIFS delegation visits BARI

2023-10-31 00:00:00

A delegation from Global Institute For Food Security (GIFS), Canada, visited Bangladesh Agricultural Research Institute (BARI) and held a meeting with BARI officials on Monday. BARI scientists and officers welcomed the GIFS delegation members. BARI Director General Dr. Debasish Sarker...

Oil falls over 1pc as Mideast supply concerns ease

2023-10-31 00:00:00

LONDON, Oct 30 (Reuters): Oil slipped more than 1 per cent on Monday as concern eased about the Israel-Hamas war affecting supply from the region and as investors adopted caution ahead of this week's US Federal Reserve meeting and other...

India's Reliance climbs on Q2 profit jump

2023-10-31 00:00:00

BENGALURU, Oct 30 (Reuters): Shares of India's most valuable company Reliance Industries rose as much as 2 per cent on Monday after it reported a bigger second-quarter profit late on Friday.The billionaire Mukesh Ambani-led company's consolidated profit rose 27.4 per...

Siemens Energy shares recover further as guarantee talks continue

2023-10-31 00:00:00

FRANKFURT/BERLIN, Oct 30 (Reuters): Shares in Siemens Energy continued their recovery on Monday, topping Germany's blue-chip index as concerns over the group's ability to post guarantees for big industrial projects eased.Shares in the company, the world's largest maker offshore wind...

Earnings-led boost lifts India's blue-chips higher

2023-10-31 00:00:00

BENGALURU, Oct 30 (Reuters): India's blue-chip indexes recovered from a lackluster start to end Monday with gains, helped by a results-led boost to key constituents after heavyweight Reliance posted a bigger quarterly profit late last week.The NSE Nifty 50 index...

European stocks gain, investors focus on central bank meetings

2023-10-31 00:00:00

LONDON, Oct 30 (Reuters): European stock indexes opened a touch higher on Monday as investors focused on the outlook for interest rates ahead of a busy week of central bank meetings and economic data.Investors are waiting for the outcome of...

More China cos buyback shares as Beijing seeks to stabilise market

2023-10-31 00:00:00

SHANGHAI, Oct 30 (Reuters): More than 30 Chinese listed companies unveiled share buyback and purchase plans over the weekend while major mutual fund house E Fund Management Co said it would invest in its own product as Beijing steps up...

Mercantile Bank held business review conference of Chattogram region

2023-10-31 00:00:00

Mercantile Bank recently held the business review conference of Chattogram region in the port city. Md Quamrul Islam Chowdhury, managing director and CEO of the bank, was present at the conference as the chief guest, while Deputy Managing Director and...

Southeast Bank launched six agent banking outlets

2023-10-31 00:00:00

Southeast Bank Limited launched six agent banking outlets. As the chief guest, Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, inaugurated the outlets virtually. The outlets are Khokon Enterprise, Sagar Traders, Sardar Sawmill, Fatik Mondol Super Market, Master Library,...

LafargeHolcim profit jumps 54pc on higher sales revenue

FE REPORT | 2023-10-31 00:00:00

LafargeHolcim registered a 58 per cent year-on-year growth in profit to Tk 5.21 billion for January-September this year.The profit growth was backed by a 55 per cent growth in operating profit to Tk 6.63 billion in the nine months to...

City Bank reports 15pc profit growth in Q3

FE DESK | 2023-10-31 00:00:00

City Bank held its earnings disclosure event virtually on Monday and announced its Q3, 2023, results. Existing and potential investors from across the globe and researchers, analysts and many individuals involved in the capital market joined the event, said a...

Reckitt Benckiser profit rises 21pc on higher revenue, finance income

FE REPORT | 2023-10-31 00:00:00

Reckitt Benckiser (Bangladesh) has reported a 21 per cent year-on-year growth in profit to Tk 0.52 billion for January-September this year, driven by higher revenue and a significant jump in finance income. The rise in profit helped the company to...