Standard Bank Limited celebrated its 24th anniversary recently. On this occasion, a programme was organised at the boardroom of the bank's head office in the capital. Chairman of the board of directors of the bank Kazi Akram Uddin Ahmed, Vice...
Jamuna Bank Limited celebrated its 23rd anniversary recently. On the occasion Chairman of Jamuna Bank Md. Saidul Islam, Chairman of Jamuna Bank Foundation Nur Mohammed and Managing Director and CEO of the bank Mirza Elias Uddin Ahmed were present.
Bank Asia Limited has organised a certificate awarding ceremony of the 60th foundation training course for its officers recently. Adil Chowdhury, president & managing director of the bank, awarded the certificates among 34 participants in the concluding ceremony of the...
LONDON, June 5 (Reuters): Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest US bank JPMorgan said on Monday, although the currency should maintain its long-held dominance for the foreseeable future.The impact of steep US interest...
FE REPORT | 2023-06-06 00:00:00
In a fresh move to increase supply of Treasury bonds in the secondary market, the securities regulator has allowed beneficiary owner (BO) account holders to purchase T-bonds in primary auctions conducted by the central bank. Investors, however, will have to...
Four new directors have been elected to the board of Meghna Bank Limited. They are Ishmam Raidah Rahman, Aresha Manami Shafiq, Javed Kaiser Ally and Md Mahamudul Alam. Bangladesh Bank has recently approved them as directors on the board of...
The 39th Annual General Meeting (AGM) of Saudi-Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO) was held at its Head Office in Dhaka recently, says a press release. The meeting approved a cash dividend of Tk 150 million for the...
MOHAMMAD MUFAZZAL | 2023-06-06 00:00:00
The securities regulator has asked both the stock exchanges to impose 2.5 per cent monthly surcharge on dividends or other dues that have remained unpaid for more than three years. The deadline is the last day of this month. Surcharge...
BENGALURU, June 5 (Reuters): Average home prices in Canada are set to fall around 9.0 per cent this year and then rise into 2024 and beyond as buyers bet interest rates have already peaked alongside strong demand for housing, according...
FRANKFURT, Germany, June 5 (AFP): New car sales in Germany rose strongly again in May as supply chain problems eased, official figures showed Monday, but analysts warned the weakening economy may weigh on the sector.A total of 246,966 new cars...
BEIJING, June 5 (Reuters): China's services activity picked up in May, a private-sector survey showed on Monday, as a rise in new orders shored up a consumption-led economic recovery in the second quarter.The Caixin/S&P Global services purchasing managers' index (PMI)...
WASHINGTON, June 5 (AFP): US services sector activity cooled last month to the lowest level since December, with growth in new orders slowing and employment contracting, according to survey data released on Monday.The Institute for Supply Management (ISM) services index,...
LONDON, June 5 (Reuters): Euro zone business activity was shored up last month by the bloc's dominant services industry offsetting a deepening decline in the manufacturing sector, according to a survey which also showed overall price pressures had abated.HCOB's final...
MetLife Bangladesh and Dhaka Bank Limited have announced a first-of-its-kind agreement in the financial sector to provide exclusive benefits to the agents (field forces) of MetLife on a range of Dhaka Bank's retail banking products. As a result, MetLife agents...
Md Rezaul Karim has been appointed as the Deputy Managing Director of Uttara Bank Limited. Prior to his new assaignment, he was the Executive General Manager of the bank, says a press release.Mr Karim started off his banking career in...
FE REPORT | 2023-06-06 00:00:00
Bangladesh Telecommunication Regulatory Commission (BTRC) cancelled licences of 228 internet service providers (ISPs) for not converting their licences in due time. Of the total, four ISPs were nationwide licence holders, 38 were zonal ISPs, and the rest were ISPs of...
AACCI Bangladesh Chapter President Md Mamunur Rahman, on behalf of its Board of Directors, congratulated the newly appointed President of SAARC Chamber of Commerce and Industry (SCCI) Md Jashim Uddin with a bouquet recently. AACCI Bangladesh Chapter Treasurer Md Zasim...
Ispahani's tea gardens have been honoured with awards in two categories at the first-ever National Tea Awards. The recognition was bestowed upon Ispahani during a special event held on the 'National Tea Day 2023', in appreciation of its significant contributions...
FE REPORT | 2023-06-06 00:00:00
The Bangladesh Jewellers’ Association (BAJUS) has urged the government to reduce the current 5 per cent value-added tax (VAT) on jewellery sales to 3 per cent. At a post-budget press conference in Dhaka on Monday, BAJUS said a bhori of...
Gold slipped on Monday as the dollar firmed after strong US payrolls data last week, offsetting some of the support for zero-yield bullion from bets that the Federal Reserve may pause rate hikes in June, reports Reuters. Spot gold fell...
KYIV, June 5 (Reuters): Ukraine would be ready to continue exporting grain across the Black Sea as part of a "plan B" without Russian backing if Moscow pulls the plug on the current grain export deal and it collapses, Ukraine's...
LONDON, June 5 (Reuters): Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by a further 1 million barrels per day (bpd) from July to counter macroeconomic headwinds...
MILAN, June 05 (AP): Veteran AC Milan forward Zlatan Ibrahimovic announced his immediate retirement from soccer at the end of an emotional night at San Siro on Sunday.Ibrahimovic was out of contract with the Serie A club at the end...
Principal Staff Officer of Armed Forces Division Lieutenant General Waker-Uz-Zaman delivering a welcome speech at a seminar titled on 'Grey Zone Activities and Challenges for Bangladesh' at Army Golf Club at Dhaka Cantonment in the city on Sunday — ISPR
PARIS, June 05 (AFP): Beatriz Haddad Maia battled from a set and 3-0 down to defeat Sara Sorribes Tormo in a three-hour 51-minute epic to reach a maiden Grand Slam quarter-final at the French Open on Monday.The 27-year-old Brazilian left-hander...
The 2022-23 season saw some extremely close matches in Europe, with Napoli, winning the Serie A title after 33 years.In England, Manchester City defended the throne, winning a hat-trick of Premier League title while Barcelona became La Liga champion for...
RIYADH, June 05 (AFP): Senior officials from Saudi Arabia's Al Hilal football club have flown to Paris to seal a mega-deal with departing superstar Lionel Messi, two sources with knowledge of the matter told AFP on Sunday.The Saudi delegation plans...
Bangladesh batter Shahadat Hossain Dipu during his first practice session with national team at the Sher-e-Bangla National Cricket Stadium in the city on Monday — BCB
Venezuela’s President visits Saudi ArabiaRIYADH, June 05: President of the Bolivarian Republic of Venezuela, Nicolas Maduro, arrived in Jeddah on Sunday. At King Abdulaziz International Airport, he was received by Deputy Governor of Makkah Region Prince Badr bin Sultan bin...
WEST BANK, June 05 (Arab News): A 3-year-old Palestinian boy who was shot by Israeli troops in the occupied West Bank last week died of his wounds, Israeli hospital officials said Monday.Mohammed Al-Tamimi was shot in the head last Thursday...
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