Newly appointed Chief of Air Staff Air Marshal Hasan Mahmood Khan paid tributes to the Father of the Nation Bangabandhu Sheikh Mujibur Rahman laying a wreath at the mausoleum of Bangabandhu in Tungipara of Gopalganj on Wednesday, reports UNB.During the...
Law Minister Anisul Huq has said Dr Yunus is being tried in the same way as any citizen of the country who breaches the law but what he (Yunus) is saying is untrue and insulting to the people of Bangladesh,...
Stating that all opposition parties are now united against the current government, BNP Secretary General Mirza Fakhrul Islam Alamgir has said the ongoing movement for the restoration of democracy will be intensified very soon.The BNP leader came up with the...
Shares in some of Europe's biggest automakers dropped on Wednesday on fears of Chinese retaliation after the European Commission said it would impose duties on imported Chinese electric vehicles, reports Reuters.The Commission said it would apply provisional duties of up...
BERLIN, June 12 (AFP): German energy giant Uniper said Wednesday a tribunal had awarded it over 13 billion euros ($14 billion) in damages from Russian state energy company Gazprom for its failure to deliver gas.The ruling gave Uniper "the right...
June 12 (Reuters): Apple has become the first brand to cross $1 trillion in brand value, a 15 per cent jump from last year, while chipmaker Nvidia's value has nearly tripled, a global ranking by Kantar's BrandZ showed on Wednesday.The...
SHANGHAI/BEIJING, June 12 (Reuters): China's securities regulator said on Wednesday that it welcomes foreign financial institutions and investors, including those from the Middle East, to expand investment in China.The statement was made in response to a Reuters request seeking comment...
Agrani Bank PLC opened its 978th branch in Nasirnagar upazila, Brahmanbaria, on Wednesday. Mofiz Uddin Ahmed, Additional Secretary of the Financial Institutions Division attended the event as the chief guest. The branch was officially inaugurated by Kazi Abdur Rahman, Deputy...
Janata Bank PLC organised Branch Managers' Conference under Dhaka South Divisional Office at its head office on Monday. Md Abdul Jabbar, MD & CEO of the bank, was present as the chief guest.
A seven-member delegation from the Bangladesh Economic Zones Investors Association (BEZIA) called on Finance Minister Abul Hasan Mahmud Ali on Wednesday to discuss modifications and deletions to certain budget proposals pertaining to BEZIA in the proposed budget for fiscal year...
MTB Foundation has recently been honored by the Upazila Nirbahi Officer (UNO) of Patharghata Upaliza, Barguna, Barishal for its pioneering role and passionate commitment to Corporate Social Responsibility (CSR) in Barguna region under the 'Environment' sector. To mark the World...
Southeast Bank signed a Memorandum of Understanding (MOU) with SNOWTEX Group at Savar, Dhaka for providing Payroll Banking Service, ATM Service & Corporate Payment Module. Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank, and S.M. Khaled, managing director of...
Premier Bank held its 25th annual general meeting virtually on Wednesday (June 12, 2024). Heroic Freedom Fighter Dr. H.B.M. Iqbal, honorable chairman, board of directors of Premier Bank, presided over the meeting. The participants and shareholders present at the AGM...
Two more readymade garment (RMG) factories of the country have achieved the recognition of the LEED certification this month, raising the number of the LEED certified factories to 220, reports UNB.As of May this year, the number of the LEED...
Ambassador of Bangladesh to Japan Shahabuddin Ahmed urged Japanese investors to invest in special and other Economic Zones (EZs) of Bangladesh as Bangladesh has offered fiscal and non-fiscal incentives to foreign investors, reports UNB.Shahabuddin Ahmed came up with the call...
ACI Marine & Riverine Technologies Ltd., a concern of ACI Limited, a leading conglomerate in Bangladesh, has signed a contract agreement with Khulna Shipyard Limited for the supply of Mitsubishi marine engines. The contract signing ceremony, held at the office...
FE REPORT | 2024-06-13 00:00:00
The securities regulator has issued a directive making it compulsory for market intermediaries to choose auditors from the auditor panel for higher accountability. All issuer companies have already been bound to hire auditors from a list of auditors made by...
Bangladesh Foreign Trade Institute (BFTI) and Business Initiative Leading Development (BUILD) jointly hosted a focus group discussion on 'Stewardship towards Sustainable Agriculture' at the BUILD Conference Room in Dhaka on Wednesday.The programme aimed to engage stakeholders in a meaningful dialogue...
Apex Footwear Limited was recognised at the Retail Asia Awards 2024 in the 'Footwear Retailer of the Year (Bangladesh)' and 'Sustainability Initiative of the Year' categories in Singapore on Tuesday, according to a press release.The Retail Asia Awards, now in...
MOHAMMAD MUFAZZAL | 2024-06-13 00:00:00
Berger Paints purchased land in Bangabandhu Sheikh Mujib Shilpa Nagar as part of an expansion plan drawn up after it felt encouraged by tax exemptions promised on profits from operations in the special economic zone. Not only Berger but also...
First Security Islami Bank PLC opened two Agent Banking outlets on Wednesday. These outlets are located at Gharmora Bazar, Homna, Cumilla, and at Sonali Bazar, Rupnagar, Dhaka. Syed Waseque Md. Ali, Managing Director of the bank, along with other officials...
IFIC Bank PLC, the largest bank in the country in terms of maximum branches and sub-branches, inaugurated its 188th branch in Rajbari, recently. The new branch is located at Harun Complex, Khalifapatti Road, Sadar city. Abu Kaisar Khan, Deputy Commissioner...
Fantasy Kingdom is set to elevate the joy of Eid with its latest attraction, the Tornado 360 VR ride, just in time for the upcoming Eid-ul-Adha festival, says a press release. Originating from Turkey and built to the latest international...
FE REPORT | 2024-06-13 00:00:00
The probe committee, formed by expatriates' welfare ministry, has been given five more working days to find the reasons why a large number of workers could not go to Malaysia.A six-member investigation committee was formed on June 02 to inspect...
A cattle market for Eid-ul-Azha has been set up in Natore's Singra upazila with the slogan 'Transactions are going cashless, Bangladesh is becoming smart' and the buying and selling of sacrificial animals at the market is being conducted through Nagad,...
FE REPORT | 2024-06-13 00:00:00
The SME Foundation will provide another Tk 4.5 billion in loans to small and medium-sized enterprises (SMEs) from its 'Revolving Fund' at an interest of 6.0 per cent, aiming to help expand their businesses.The entrepreneurs can avail loans ranging between...
FE REPORT | 2024-06-13 00:00:00
The Department of Agricultural Marketing (DAM) has taken a project to enhance capacity of 81 grain warehouses across the country, aiming to turn marginal farmers into agri entrepreneurs.Farmers could deposit above 17,710 tonnes of their crops like paddy, maize, wheat...
LONDON, June 12 (Reuters): Europe's gas storage has got off to an unusually slow start to the refill season, narrowing the record seasonal surplus inherited from last winter and boosting prices back well above the long-term average.Inventories in the European...
BEIJING, June 12 (Reuters): China on Tuesday issued draft rules to promote construction of overseas warehouses and expand cross-border e-commerce businesses, which have become a vital force in its foreign trade, according to the Chinese commerce ministry.Companies including Shein, PDD...
Gold prices rose 1 per cent on Wednesday after a surprisingly soft US consumer inflation report raised hopes for an interest rate cut in 2024, while investors awaited the release of the Federal Reserve's latest policy statement and economic projections,...
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