FE REPORT | 2023-10-30 00:00:00
The external debt servicing shot up by more than 65 per cent year on year to US$ 870.5 million in the first quarter of the current fiscal year (FY 2023-24).Data issued by the Economic Relations Division (ERD) revealed that the...
YASIR WARDAD | 2023-10-30 00:00:00
The onion market has become volatile again as price of the key cooking ingredient shot up by Tk15-20 a kg overnight with neighbouring India's announcement to set its maximum export price (MEP) at US$ 800 a tonne.Price of the local-variety...
JUBAIR HASAN | 2023-10-30 00:00:00
Funds are getting costlier with the maximum rate of interest on bank credits set to be raised by 35 basis points from November as the central bank tightens fist to combat inflation, officials said.With the latest rise, the lending rate...
FE REPORT | 2023-10-30 00:00:00
Bangladesh's crisis-affected economy takes a further knock as a three-day blockade from Tuesday follows a daylong hartal enforced Sunday by BNP and its allies to protest their previous day's foiled anti-government demonstrations. At least three more people died amid violence...
Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Monday), according to the Met Office. The highest temperature in the country on Sunday was recorded at 33.3 degrees...
Sir Richard J Roberts, a distinguished Nobel Laureate in Physiology or Medicine, NSU Vice Chancellor Professor Atiqul Islam, Agriculture Ministry former secretary Anwar Faruque, among others, attended a seminar on 'GMO Crops in Bangladesh: Policies and Practices,' on the North...
The Asian Development Bank (ADB) and the Government of Bangladesh on Sunday signed a loan agreement for $106 million to improve water resources management and agricultural productivity in rural Bangladesh, reports UNB.An agreement for a grant of $17.80 million from...
Syed Zahurul Haq, an insurance specialist, passed away on Friday, says a statement.He started his career at the Muslim Insurance Company Limited in 1958. After Independence, he joined General Insurances Corporation.He served National and People's Insurance Corporation Ltd as the...
Journalist Rafiq Bhuiyan, who sustained injuries on Saturday during a clash between BNP men and police at Segunbagicha in the city, passed away on Sunday, reports UNB.He succumbed to his injuries on Sunday while undergoing treatment at Birdem General Hospital,...
MUNIMA SULTANA | 2023-10-30 00:00:00
The country's railway network is set to see a major breakthrough next month as three more newly-constructed rail tracks will be inaugurated from Akhaura to Agartala and Khulna to Mongla on November 1 along with the launch of the first...
Former State Minister and 1971 Liberation War veteran Zinatunnesa Talukder of Rajshahi passed away in the city's Ever care Hospital Sunday morning. She was 76, reports BSS.Family sources said Zinatunnesa was suffering from acute heart and lungs diseases.She left behind...
A meeting of Awami League's Parliamentary Nomination Board will be held at Leader of the House and Prime Minister Sheikh Hasina's office at Jatiya Sangsad Bhaban in the city at 7pm today (Monday), reports BSS.AL's Parliamentary Nomination Board President Sheikh...
Two people were arrested Sunday morning in connection with the killing of police constable Amirul Islam Parvez in the Saturday's clash between police and BNP activists, reports BSS.The detainees are- M. Sultan, convener of Palashbari Union Jubo Dal and Shamim...
Home Minister Asaduzzaman Khan on Sunday said that BNP leaders cannot deny their role in the daylong violence on Saturday that left a policeman dead, reports UNB.The minister said this while replying to a question from journalists at the minister's...
Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud on Sunday said BNP's attacks on hospital, pedestrians, journalists, police and other public establishments in the name of movement is barbaric as like assault of Israeli and...
FE REPORT | 2023-10-30 00:00:00
Attorney General AM Amin Uddin strongly condemned the attack on the official residence of the Chief Justice during the grand rally of Bangladesh Nationalist Party(BNP) in the Naya Paltan area of Dhaka.During a press briefing at his office, the Attorney...
The namaz-e-janaza of constable Md Amirul Islam Parvez, who was killed during a clash with BNP in Dhaka's Fakirapool on Saturday, took place at Shaheed SI Siru Mia Auditorium of Rajarbagh Police Lines in the city on Sunday. Bangladesh Police...
In the wake of Saturday's severe political violence, police have cordoned off the BNP's Nayapaltan central office with a crime scene yellow tape, reports UNB.Amid the party's hartal, the collapsible gate of the BNP central office was also found locked...
India's plan to allow the settlement of equity market trades within the same day is facing pushback from offshore investors who fear it will lead to a fragmented system and add to the cost of trading, said two people with...
Mercantile Bank launched four sub-branches on Sunday. Vice Chairman of the bank ASM Feroz Alam virtually inaugurated the sub-branches as the chief guest. Four sub-branches are Mirpur Section-6 sub-branch and Monipuripara sub-branch in Dhaka, Steel Mill sub-branch in Chattagram and...
Mutual Trust Bank Limited (MTB) celebrated its 24th anniversary by handing over sanction letters of loans to 24 women entrepreneurs at its corporate head office. As of September 30, 2023, MTB has distributed 16.72 per cent of its total CMSME...
FE REPORT | 2023-10-30 00:00:00
Eastern Bank Ltd. (EBL) gained a moderate 11.96 per cent year-on-year growth in profit in January-September this year, reaping benefits from increased investments in government securities.The lender bagged a consolidated net profit of Tk 4.21 billion in the nine months...
FE REPORT | 2023-10-30 00:00:00
Unilever Consumer Care secured a 25.49 per cent year-on-year profit growth in January-September this year, quite a feat when its revenue earnings declined, raw materials became costlier, and the local currency weakened against the dollar. In an earnings disclosure, the...
FE REPORT | 2023-10-30 00:00:00
Private power producers reliant on imported fuel as raw material experienced a sharp reduction in profit in FY23, compared to the previous fiscal year, as the taka continued to lose value against the dollar. Three out of six electricity generators...
LONDON, Oct 29 (Reuters): Virgin Media O2 is in exclusive talks to sell a slice of its shareholding in Britain's largest mobile tower network to GLIL Infrastructure, according to four sources familiar with the matter, in a deal that could...
RIYADH, Oct 29 (Arab News): Agreements worth more than SR3 billion ($800 million) were signed at a four-day gathering focused on food and agriculture in Riyadh.The Saudi Agriculture exhibition 2023 ran from Oct. 23 to 26, and saw more than...
A month-long foundation training course of the 39th batch of Rajshahi Krishi Unnayan Bank (RAKUB) began at its training institute on Sunday. RAKUB Managing Director Niranjan Chandra Debnath was present as the chief guest while General Managers Maksuda Nasrin and...
DBH Finance PLC has recently organised a discussion session on green affordable housing in Bangladesh. Chowdhury Liakat Ali, Director, Sustainable Finance Department of Bangladesh Bank, Md Ashraful Islam, Urban Planner of RAJUK, Md Rezaul Hoq, Director (Energy Audit) of SREDA,...
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