Bata Group, a renowned footwear brand, celebrated its Founder's Day on Thursday, says a press release.The Founder's Day marks the anniversary of the company's establishment back in 1894. To commemorate this event, Bata Children's Programme (BCP)'s Chairman Monica Pignal Bata...
Md Akikur Rahman has been elected vice chairman of the board of directors and chairman of the executive committee of Southeast Bank Limited, according to a statement.Mr Akikur Rahman was born on February 15, 1945 at Sunarpara, Nabarun, Sylhet. He...
Mutual Trust Bank Limited (MTB) announced the promotion of four of its senior executive vice presidents (SEVPs) to the posts of deputy managing director. The promoted persons are Md Bakhteyer Hossain, Md Shamsul Islam, Usman Rashed Muyeen and Md Shafquat...
FE REPORT | 2023-09-22 00:00:00
The Dhaka bourse failed to stay in the green territory for the second session on Thursday as cautious investors preferred to realize gains from the recent rallies.Green Delta Insurance, Pubali Bank, Pioneer Insurance Company, Bangladesh General Insurance Company and Gemini...
FE REPORT | 2023-09-22 00:00:00
SME company Mostafa Metal Industries is set to issue non-convertible, zero-coupon bonds worth Tk 180 million for business expansion.The issuance of the bonds was approved at the latest annual general meeting of the company, according to a stock exchange filing...
FE REPORT | 2023-09-22 00:00:00
Pharma Aids has planned to increase production by 20 per cent to meet the growing demand but through toll manufacturing. The company's capacity falls short to manufacture a higher volume of glass ampoules than what it produces now, and that...
Target, an American retail company, said on Tuesday it would hire nearly 100,000 employees for the holiday season, a number that has been consistent over the last two years, and offer discounts as early as October to attract inflation-weary shoppers,...
OTTAWA, Sept 21 (Reuters): Canada's annual inflation rate in August jumped to 4.0 per cent from 3.3 per cent in July on higher gasoline prices, while two of the three core inflation measures also rose, Statistics Canada said on Tuesday.Analysts...
LONDON, Sept 21 (Reuters): Carmakers, which have invested billions on electric vehicles, slammed Britain's move to delay a 2030 ban on the sale of new petrol and diesel cars, saying it would disrupt supply chains and slow the transition to...
HSBC Holdings said on Wednesday it plans to allocate $1 billion in financing to support emerging climate-tech companies around the world, in a push to help reduce carbon emissions, reports Reuters.The financing is expected to support start-ups in EV charging,...
M Khairul Bashar has been appointed Managing Director of MIDAS, says a press release.In its recent Board Meeting, MIDAS welcomed Mr Bashar as its new Managing Director. The Board of Directors expressed their trust in Mr Bashar to lead MIDAS...
WASHINGTON, Sept 21 (Reuters): The US Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job...
Nagad, a popular mobile financial service provider in Bangladesh, has achieved the Visa Excellence Awards 2023 for its outstanding contribution to boosting digital payments in the country, says a press release.Visa, a leading digital payment entity, recently felicitated its partner...
FE REPORT | 2023-09-22 00:00:00
A three-day regional tourism fair has kicked off in the capital, aiming to promote cross-border connection, enhance cultural exchange and drive economic growth.The fair styled '10th Asian Tourism Fair and Bangladesh Tourism Development Summit 2023' began at Bangabandhu International Conference...
FE REPORT | 2023-09-22 00:00:00
A number of disincentives are hindering the inflow of more investments from the United States, a US diplomat said on Thursday, stressing the need for improving Bangladesh's investment climate.He listed challenges of payment systems, inability to repatriate earnings and revenue,...
BEIJING, Sept 21 (Reuters): China's aluminium imports jumped 38.9% in August from a year earlier, customs data showed on Monday, boosted by more buying on the back of low domestic stocks and better demand prospects.China, the world's biggest consumer and...
LONDON, Sept 21 (Reuters): Oil prices rebounded from $1 down to $1 up in trading on Thursday, after a Russian ban on fuel exports snapped focus away from Western economic headwinds and back to throttled crude supply to the end...
Gold extended its decline for the third straight session on Thursday, as dollar and treasury yields rallied after the Federal Reserve reinforced its higher-for-longer strategy on interest rate hikes, reports Reuters.Spot gold shed 0.3 per cent to $1,923.26 per ounce...
LONDON, Sept 21 (Reuters): Shell said on Thursday it is seeking partners to invest in renewable assets developed and operated by its Indian business Sprng Energy as part of CEO Wael Sawan's effort to boost profits.Sprng, which Shell acquired from...
MOSCOW, Sept 21 (Reuters): Russia has introduced temporary restrictions on exports of gasoline and diesel in order to stabilise the domestic market, the government said on Thursday.It did not specify how the restrictions would work. The energy ministry said separately...
MOHALI, India, Sept 21 (Agencies): A three-match ODI series between India and Australia is all set to begin on Friday at the PCA stadium in Mohali. The series will be like a dress rehearsal for the two teams ahead of...
JOHANNESBURG, Sept 21 (AFP): Fast bowlers Anrich Nortje and Sisanda Magala have both been ruled out of the Cricket World Cup because of injury, Cricket South Africa announced on Thursday.They will be replaced by all-rounder Andile Phehlukwayo and fast bowler...
Argentina tightened its grip at the top spot of the FIFA World Ranking after the latest update was issued on Thursday by the game's governing body FIFA, report agencies.Argentina, who replaced Brazil at the summit in April, remained top after...
Managing Director and Chief Executive Officer of Janata Bank Md. Abdul Jabbar greets Principal Officer Arifur Rahman Belal presenting him with a bouquet in the city recently. Belal participated in the Ironman World Championship 2023 held in France
Former India all-rounder Sridharan Sriram has been reappointed as a technical consultant for the Bangladesh cricket team for the World Cup in India, the Bangladesh Cricket Board (BCB) said on Thursday, reports AFP.Sriram, who played eight one-day internationals for India...
Bangladesh team made a worse start in the six-nation South Asian Football Federation (SAFF) U-19 Championships after suffering a 0-3 goal defeat to their arch- rival India on Thursday afternoon, reports UNB.In the opening Group B match of the regional...
A late penalty goal by Sunil Chhetri keep India in the 19th Asian Games Men's Football race eliminating Bangladesh by 1-0 goal in a Group A match at the Xiaoshan Sports Center Stadium in Hangzhou, China on Thursday afternoon, reports...
Bangladesh Cricket Board is all set to abolish the two-tier National Cricket League, the country's traditional first-class tournament, from next season, according to Cricbuzz.BCB introduced the two-tier NCL in the 2015-16 season that involved promotion and relegation in order to...
DR Congo calls for swift withdrawal of UN peacekeepersUNITED NATIONS, Sept 21: The president of the Democratic Republic of Congo on Wednesday called for a speedy withdrawal of a key UN peacekeeping mission that has been in the nation for...
ISLAMABAD, Sept 21 (AFP): Pakistan will hold delayed national polls in January next year, the election commission announced Thursday, as the country grapples with overlapping political, economic and security crises.A caretaker government has been running the South Asian country since...
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