Stocks bounce back from sharp selloffsThe benchmark equity index rebounded on Wednesday from heavy selling in the previous two sessions, with major sectors playing the market-supportive role. Some selective stocks saw increased participation of investors, which drove the key DSEX...
FE REPORT | 2022-10-13 00:00:00
Commerce minister Tipu Munshi on Wednesday said the process of purchasing an estimated 500-megawatt power produced at a hydraulic plant in Nepal has been finalised.He said this at a view-exchange meeting with Ghanshyam Bhandari, the Nepalese ambassador in Dhaka, at...
FE REPORT | 2022-10-13 00:00:00
Stakeholders Wednesday stressed big-budget institutional investment for progress of the country's capital market, as PM’s adviser Salman F. Rahman said retail ones reigned on the bourses. "Our market is dominated by retail investors, there is a severe lack of institutional...
SAIF UDDIN | 2022-10-13 00:00:00
Bangladesh has scored the lowest in the first-ever Health Inclusivity Index 2022 that measures progress in 40 countries towards the provision of good physical, mental and social health for all.Bangladesh secured 30.8 points on a scale of 100 points, according...
Prime Minister Sheikh Hasina on Wednesday called for boosting the country's farm products to help diversify the export basket and earn more in foreign exchange, report agencies. "I think agricultural products can play a vital role in diversifying export basket....
MIR MOSTAFIZUR RAHAMAN | 2022-10-13 00:00:00
Bangladesh's automobile industry is set to get a boost with the beginning of production of Hyundai passenger vehicles in a local assembling plant, which is also expected to further cut car imports.Sources say two popular brands of motorcars of the...
Light to moderate rain/thunder showers accompanied by temporary gusty wind and lightning flashes is likely to occur at many places over five divisions until 6:00 pm today (Thursday), according to Met office.Day and night temperature may remain nearly unchanged over...
The 15th death anniversary of veteran journalist Obaidul Huq will be observed today (Thursday), says a statement. Obaidul Huq, the editor of the now-defunct The Bangladesh Observer from 1972-84 when it was the largest circulated English daily in Bangladesh and...
FE REPORT | 2022-10-13 00:00:00
The High Court on Wednesday upheld the death sentence of five persons for killing Ekushey Padak recipient photojournalist Aftab Ahmed in 2013. It also upheld the trial court verdict that sentenced another accused to seven years' imprisonment in this case.The...
FE REPORT | 2022-10-13 00:00:00
Experts on Wednesday urged to make climate data accessible as it is crucial for resilient development and creating a path for transformative and integrated collaboration in the Hindu Kush-Himalaya region. They made the call at a two-day regional conference, titled...
Home Minister Asaduzzaman Khan and Senior Secretary of the Public Security Division under the Ministry of Home Affairs Md Akhtar Hossain adorn Chowdhury Abdullah Al Mamun with the IGP Rank Badge in presence of Prime Minister Sheikh Hasina at her...
FE REPORT | 2022-10-13 00:00:00
Cosmetics importers on Wednesday suggested brining a change in the duty structure that, according to them, has been encouraging many traders for adulteration.They cited the 'minimum value' provision of the authorities to levy VAT and taxes on imported beauty products...
The 20th session of the 11th Jatiya Sangsad (JS) will begin on October 30, reports BSS. President Md Abdul Hamid convened the session exercising the power bestowed upon him as per the Clause (1) of Article 72 of the Constitution,...
FENI, Oct 12 (UNB): At least 30 people suffered injuries after unidentified assailants attacked a motorcade of the Bangladesh Nationalist Party (BNP) that was heading towards Chattogram to take part in a much-hyped divisional rally on Wednesday.Akbar Hossain, president of...
Information and Broadcasting Minister Dr Hasan Mahmud on Wednesday said the propaganda of BNP and anti-country forces was proved false since Bangladesh has been reelected as a member of the United Nations Human Rights Council (UNHRC) with a huge margin,...
CHATTOGRAM, Oct 12 (UNB): Accusing the government of turning Bangladesh into a crematorium, BNP leaders on Wednesday said removing the ruling Awami League from power was the only option to restore democracy in the country."We fought the War of Liberation...
Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Wednesday warned BNP leaders that the consequences of playing with fire will not be good, reports BSS.He issued the warning while speaking at a briefing at...
BENGALURU, Oct 12 (Reuters): Indian shares ended higher on Wednesday, snapping a three-session losing streak, as bank and energy stocks gained ahead of domestic retail inflation data release that will be key to gauge interest rate outlook.The NSE Nifty 50...
BEIJING, Oct 12 (Reuters): TikTok's Chinese owner ByteDance is initiating a second stock option buyback for employees this year at a higher price than the previous one to try and motivate staff amid slowing growth and uncertainty over a plan...
LONDON, Oct 12 (Reuters): Britain's financial watchdog told pension funds on Wednesday to "really focus" on building up liquidity in their liability-driven investment (LDI) strategies before the Bank of England ends support for the government bond market on Friday.UK government...
ZURICH, Oct 12 (AFP): Credit Suisse shares tumbled again on Wednesday following a report of a US investigation into whether Switzerland's second-biggest bank continued to help clients evade taxes after a 2014 settlement deal.Just after 0900 GMT, shares were down...
LONDON, Oct 12 (Reuters): Global equity markets have fallen sharply on Wendesday in recent sessions, hurt by heightened fears about an economic slowdown amid warnings from the International Monetary Fund and World Bank.European stock markets struggled to recover from recent...
Board meetingsZahintex Industries Ltd: A board meeting of the company will be held on October 27, 2022 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended June 30, 2022.Matin Spinning Mills Ltd:...
AB Bank recently inaugurated its 177th Agent Banking Outlet at Chattogram IT Village Kashiaish in Patiya, Chattogram. Whip and Member of Parliament from Patiya Shamsul Haque Chowdhury, Upazila Parishad Chairman, AB Bank CDA Avenue Branch Officials and local dignitaries were...
ICB Capital Management Limited won the first prize in 'Merchant Banker' category at the 'Golden Jubilee of Independence Award-2021' ceremony organised by Bangladesh Securities and Exchange Commission recently. LGRD Minister Md Tajul Islam, BSEC Chairman Prof Shibli Rubayat-Ul-Islam, Chairman of...
Bank Asia has opened the country's first women-only ATM booth in Keraniganj on the outskirts of the capital city, aiming to encourage women's access to digital transactions and improve financial management. Adil Chowdhury, President & Managing Director (CC) of the...
Oil futures fell on Wednesday as a gloomy economic outlook and a strong dollar outweighed supply concerns stemming from last week's OPEC+ cut to its production target, reports Reuters.Brent crude futures were down $1.42, or 1.5 %, at $92.87 a...
Sri Lanka will remain a middle-income country but request the World Bank to grant it some loans generally offered to poorer nations, the president's office said on Tuesday, clarifying a cabinet spokesperson's earlier comments on the matter, report agencies.The island...
In the wake of some undesirable incidents involving online business firms, the Commerce Ministry took up an initiative to bring discipline in the e-commerce sector and create a credible atmosphere between sellers and buyers through Digital Business Identification Registration, says...
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