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...
A contract has been signed between Bangladesh Gas Fields Company Limited (BGFCL) and the Consortium of Zicom Equipment Pte. Ltd. Singapore & AG Equipment Company, USA on Wednesday on Turnkey-EPC Engineering, Procurement, Construction, Testing and Commissioning including one-year joint operation...
For the first time in Europe, Bangladeshi manufacturers and entrepreneurs will be present at the prestigious #DDW2022 in Eindhoven, Netherlands, reports UNB.Every year, hundreds of designers, innovators converge at the largest design event in Europe where emerging trends in design,...
The stock market regulatory body, Bangladesh Securities and Exchange Commission (BSEC), has awarded 11 institutions the 'Golden Jubilee Award of Freedom' for best performance as capital market stakeholders for last year, reports UNB.Among the institutions, BSEC itself got the best...
FE REPORT | 2022-10-13 00:00:00
The securities regulator has approved the proposed Tk 5.0-billion subordinated bond issuance of the Mutual Trust Bank (MTB). The Bangladesh Secu-rities and Exchange Commission (BSEC), at a meeting on Wednesday, approved the MTB's proposal of raising a fund of Tk...
FE REPORT | 2022-10-13 00:00:00
Speakers at a webinar suggested updating the existing rules and regulations to build a robust startup ecosystem in the country.They also called for providing support for the start-ups, saying that the country's maturing startup hotspot has started drawing international attention.The...
FE REPORT | 2022-10-13 00:00:00
The 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 index of Dhaka Stock Exchange (DSE)...
BANGKOK, Oct 12 (AP): A court in military-ruled Myanmar convicted the country's ousted leader, Aung San Suu Kyi, on two more corruption charges Wednesday, with two three-year sentences to be served concurrently, adding to previous convictions that now leave her...
DUBAI, Oct 12 (AP): Iran intensified its crackdown Tuesday on Kurdish areas in the country's west amid protests sparked by the death of a 22-year-old woman detained by the morality police as oil workers demonstrated at a key refinery, activists...
TOKYO, Oct 12 (AFP): Japan's space agency said it sent a self-destruct order to its Epsilon rocket after a failed launch on Wednesday because of a problem that meant the craft could not safely fly.The unmanned rocket, on its sixth...
KYIV, Oct 12 (AP/AFP): Russian forces strafed Ukraine with a fresh barrage of missiles and munition-carrying drones Tuesday, a day after widespread strikes killed at least 19 people in what the U.N. human rights office described as a "particularly shocking"...
KATHMANDU, Oct 12 (Reuters): At least 33 people have died and 22 are missing due to floods and landslides across western Nepal last week, BBC reports citing the country's local media.Scores of others sustained injuries and thousands were evacuated in...
SEOUL, Oct 12 (AFP) : South Korea's central bank on Wednesday hikes its key interest rate by half a percentage point to a decade high as it tries to tackle surging inflation and support the plunging won.The Bank of Korea...
As part of Corporate Social Responsibility (CSR), Pubali Bank Limited has donated Tk 1.0 million to World Literature Centre (Bishwo Shahitto Kendro) for Mobile Book Fair programme. Immediate Past Managing Director and CEO of Pubali Bank Limited Safiul Alam Khan...
Oil-rich Saudi Arabia's Red Sea Gateway Terminal Company has shown interest to invest in Bangladesh for the operation, maintenance and modernisation of the country's Patenga container terminal in Chattogram, reports UNB.Vice Chairman of the Red Sea Gateway Terminal Board of...
Bangladesh Export Processing Zones Authority (BEPZA), the leading investment promotional agency of the country, has hit all-time high growth in its journey of 40 years, reports BSS.In the recently ended fiscal year 2021-22, the authority witnessed a significant rise in...
MONIRA MUNNI | 2022-10-13 00:00:00
Global apparel manufacturers need to develop new capabilities in both pre-and post-production stages to remain competitive and profitable, and thus ensure decent work and protect the environment.The pre-manufacturing areas included research and development, design, product development, material sourcing and logistics...
WARSAW, Oct 12 (AFP): The Druzhba oil pipeline linking Russia and Germany has been partly shut after a leak was discovered in Poland, the Polish PERN operator said on Wednesday."The cause of the incident is not known for the moment....
Agriculture Minister Md Abdur Razzaque speaks at the inauguration ceremony of the foundation training course for 38 officials recruited in the 9th grade for the Bangladesh Agricultural Development Corporation on Wednesday. BADC Chairman AFM Hayatullah was present at the ceremony...
MEXICO CITY, Oct 12 (Reuters): Mexico fans have been advised by their government not to wear their colourful 'Lucha Libre' wrestling masks at World Cup matches in Qatar to comply with local rules.Alfonso Zegbe of the country's Ministry of Foreign...
BUENOS AIRES, Oct 13 (AP): The 10 national soccer associations that form the South American confederation CONMEBOL having given their backing to Gianni Infantino's bid for re-election as FIFA president."After a conversation about the current reality and the future scenario...
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