A day-long workshop on 'Financial Reporting Act-2015' was held recently at the training and research academy of Exim Bank. Additional Managing Director of Exim Bank Md Humayun Kabir inaugurated it as the chief guest while the Principal of Exim Bank...
Mutual Trust Bank Ltd (MTB) has recently signed an agreement with Dotlines Bangladesh to provide payroll banking services to its employees. Syed Mahbubur Rahman, managing director and CEO of MTB, and Khandaker Mahamudur Azad, director of Dotlines, exchanged the signed...
BENGALURU, Oct 17 (Reuters): Indian shares closed higher on Tuesday as oil prices stabilised around $90 per barrel, while bank stocks were further propped up after analysts said top lender HDFC Bank would see margins improve going ahead.The NSE Nifty...
FE REPORT | 2023-10-18 00:00:00
The Board of Directors of Robi Axiata Limited (Robi) has appointed Vivek Sood as Chairman of the company, says a statement.He replaced Thayaparan Sangarapillai who had served as Chairman of Robi Axiata since 2021.Mr Vivek is currently serving as Axiata...
FE REPORT | 2023-10-18 00:00:00
Capitec Grameen Bank Growth Fund made a flying trade debut on Tuesday on the bourses as its unit price rose to hit the upper limit circuit breaker.The unit price jumped 10 per cent --- the highest allowable limit --- to...
FE REPORT | 2023-10-18 00:00:00
The scope of submitting fake financial statements has been reduced as the country's premier bourse gets access to statements submitted by listed companies to other authorities.There is a common practice of preparing separate financial statements by companies for separate authorities,...
FE REPORT | 2023-10-18 00:00:00
Midas Financing reported a 90 per cent year-on-year plunge in profit to Tk 8.63 million in 2022 due to higher provisioning against loans and advances coupled with shrinkage income from the stock market investment.As a result, the non-bank financial institution's...
MOHAMMAD MUFAZZAL | 2023-10-18 00:00:00
Both the securities regulator and asset managers see Systematic Investment Plan (SIP) as a tool to help grow the mutual fund sector, with the scheme showing some success by bringing in funds from small investors. The investment vehicle that encourages...
Lebanese carrier Middle East Airlines (MEA) will keep five of its 24 airplanes in Turkey as a precaution in case of conflict but its operations have not been affected by the decision and all flights continue as normal, an airlines...
Business heir Daniel Noboa will face significant challenges as he seeks to revive Ecuador's battered economy and tackle rising crime during a truncated 17-month presidential term, after winning the country's top job on Sunday, reports Reuters.The 35-year-old Noboa vowed in...
MARRAKECH (Morocco) (Reuters): Global finance leaders' paralysis in coming to grips with the fallout from the Hamas attack and Israel's response last week exposed deep geopolitical divisions hampering the International Monetary Fund and World Bank, even as they advanced new...
Commerce Minister Tipu Munshi is inaugurating the five-day 18th National Furniture Fair at the International Convention City Bashundhara in the capital on Tuesday. — PID
National Life Insurance Company Limited has won the Gold Medal at the 10th ICSB National Award for Corporate Governance Excellence. CEO of the company Md Kazim Uddin and CFO Prabir Chandra Das received the award at the award ceremony held...
OTTAWA, Oct 17 (AFP): Canada's inflation rate edged lower to 3.8 per cent in September-down from 4.0 per cent in the previous month amid broad-based price deceleration-the government statistical agency said on Tuesday.Prices for groceries continued to rise, according to...
LONDON, Oct 17 (Reuters): Almost one in three British adults expect to spend less on Christmas this year, with most blaming the rising cost of living, according to survey data published by PwC on Monday.It said just under 80 per...
Agriculture Minister and Awami League Presidium Member Dr Abdur Razzaque on Tuesday said the National Agriculture Policy 2018 is being implemented to make Bangladesh's agricultural production sustainable and transform the agriculture sector, reports UNB."As of July 2023, more than Tk...
FE REPORT | 2023-10-18 00:00:00
In an increasingly turbulent world, the continuity of cross-border trade has emerged as a critical challenge to sustaining global economic growth and prosperity. Chair of the International Chamber of Commerce (ICC) Ms Maria Fernanda Garza made the remark during a...
Gold prices ticked up on Tuesday as tensions in the Middle East buoyed safe-haven demand for the metal, while speech from Federal Reserve Chair Jerome Powell later this week will be eyed for more clarity on the rate path, reports...
In the hustle and bustle of daily life, juggling various responsibilities can sometimes make it challenging to remember essential tasks such as paying bills or sending money to loved ones. Recognising the need for greater convenience, bKash, a leading mobile...
Syngenta Bangladesh marked the World Food Day on Tuesday with the theme 'Water is Life, Water is Food. Leave No One Behind', says a press release. The company reinforced the importance of awareness about water at a gathering attended by...
OUR CORRESPONDENT | 2023-10-18 00:00:00
CHATTOGRAM, Oct 17: The Chittagong Chamber of Commerce and Industry (CCCI) held a view exchange meeting with Commercial Counselor of the US Embassy John Fay at the World Trade Centre (WTC) in the port city on Monday.Addressing the meeting, John...
LONDON, Oct 17 (Reuters): Oil steadied on Tuesday after sliding more than $1 the day before ahead of a trip by US President Joe Biden to the Middle East that is likely to involve balancing support for Israel with containing...
Five killed in Thai floods with more heavy rain expectedBANGKOK, Oct 17: Five people were killed in floods in Thailand's north this week, with authorities warning on Tuesday that more heavy rain was on the way. Since the beginning of...
NEW YORK, Oct 17 (AFP): Donald Trump was expected to attend his New York civil fraud trial when it reconvenes on Tuesday, a day after the former US president was slapped with a partial gag order in a separate criminal...
LUXEMBOURG, Oct 17 (AFP): The EU will seek a global phase-out of fossil fuels and for their use to reach a peak in this decade, according to the member states' common position adopted unanimously late Monday.At the COP28 UN climate...
WARSAW, Oct 17 (AFP): Polish pro-EU opposition parties have won a parliamentary majority in a tight general election, the poll commission said Tuesday announcing complete results.The nationalist Law and Justice (PiS) party, which has been ruling for the last eight...
MOSCOW, Oct 17 (AFP): Russian lawmakers voted on Tuesday to revoke Moscow's ratification of the Comprehensive Nuclear Test Ban Treaty, moving closer to abandoning a landmark agreement that outlaws the testing of nuclear weapons.The move comes after President Vladimir Putin...
BRUSSELS, Oct 17 (AFP): Two Swedish nationals were shot dead in Brussels late Monday by a suspect who remains at large, in an attack the Belgian prime minister described as "terrorism".The gunman fled on a scooter and Belgium's security observatory...
BEIJING, Oct 17 (AFP): Ten years after toasting a budding friendship with vodka and cake, Xi Jinping and Vladimir Putin will meet again in Beijing on Wednesday seeking to further deepen the "no-limits" partnership between their two countries.The two presidents...
DUBAI, Oct 17 (Agencies): Iran's Supreme Leader Ayatollah Ali Khamenei has described Israel's assault on Gaza as a genocide of Palestinians and said it must stop immediately, state TV reported on Tuesday.A senior commander of Iran's Revolutionary Guards (IRGC) also...
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