BERLIN, Oct 06 (Reuters): Volkswagen is planning a significant investment in a joint venture in China for software production, sources with knowledge of the matter said on Thursday.An official announcement is expected next week, one person close to negotiations said....
RIYADH, Oct 06 (Arab News): The Gulf region is the bright spot on the dark horizon at a time when the economies of several world countries are facing challenges, according to Kristalina Georgieva, secretary-general of the International Monetary Fund. In...
Declaration of dividend EGEN: The Board of Directors of eGeneration Limited has recommended 10 per cent cash dividend for general public shareholders other than sponsors and directors for the year ended on June 30, 2022. Date of AGM: 27.12.2022, Time:...
China Communication Construction Company Deputy Project Manager Xiong Kang and Seven Rings Cement General Manager and Head of Sales ABM Iftekher Alam Siddiqui signed the agreement on behalf of their respective organisations in the city recently
The closing ceremony of a month-long Foundation Training Course of Shahjalal Islami Bank Ltd. for newly recruited 36 Probationary Officers was held at the bank's Training Academy recently. Chairman of the Board of Directors of the bank Mohammed Younus was...
United Commercial Bank Limited has recently been awarded the ISO/IEC 27001 certification. ISO 27001 enables organisations to manage the security of assets such as financial information, intellectual property, employee details, or information entrusted by third parties. Suresh Dadlani, President of...
Islami Bank Bangladesh Limited opened its 389th Branch at Bhujpur in Fatikchhari, Chattogram, on Thursday. Prof Dr Md Salim Uddin, Chairman, Executive Committee of the bank, inaugurated the branch as the chief guest while Mohammed Monirul Moula, Managing Director &...
BIRMINGHAM, Oct 06 (AFP): British Prime Minister Liz Truss vowed to steer the UK "through the tempest" as she closed her party's tumultuous annual conference on Wednesday, making an unapologetic pitch for economic "growth, growth, growth".Since succeeding Boris Johnson, Truss...
NEW DELHI, Oct 06 (Reuters): Police in Mumbai said on Thursday they had detained one person from India's eastern state of Bihar after threat calls to billionaire Mukesh Ambani's family that controls the telecoms-to-clothes Reliance Industries conglomerate.In February last year,...
'BRAVIA K Series' Google TV started selling in Bangladesh's markets with fully-stacked features to suit the needs of the audience, said a press release. Sony's institutional distributor in Bangladesh - SMART Technologies (BD) Ltd (Sony-SMART) launched the new series of...
NAZIMUDDIN SHYAMOL | 2022-10-07 00:00:00
CHATTOGRAM, Oct 06: The construction work on setting up railway tracks on the underconstruction Chattogram-Dohazari-Cox's Bazar-Gumdhum train route is going on in full swing, an official said. Project Director (PD) of the multi-billion Taka rail line project Md Mofijur Rahman...
FE REPORT | 2022-10-07 00:00:00
Dhaka Bank got the regulatory approval to issue perpetual bonds worth Tk 2.0 billion to institutions and eligible investors.The Bangladesh Securities and Exchange Commission (BSEC) approved the bank's proposal regarding the perpetual bond at a meeting held at its office...
FE REPORT | 2022-10-07 00:00:00
The benchmark equity index rose on Thursday, boosted by pharmaceuticals and chemical sector stocks, even as cautious investors adopted wait-and-see policy amid no signs of improvement in economic outlook. However, the turnover on Dhaka Stock Exchange (DSE) posted a decline...
LONDON, Oct 06 (AFP): British finance minister Kwasi Kwarteng on Thursday met UK banks to discuss mortgage interest rates that are soaring following his heavily-criticised budget.The chancellor of the exchequer held talks with some of the country's biggest home loan...
NEW DELHI, Oct 06 (Reuters): The World Bank (WB) on Thursday slashed its growth forecast for India to 6.5 per cent year-on-year for 2022/23, from an earlier estimate of 7.5 per cent, while warning that spillovers from the Russia-Ukraine war...
RIYADH, Oct 06 (Arab News): ExxonMobil is planning to meet with Abu Dhabi National Oil Co. regarding the development of the $8 billion Upper Zakum oil field.The company is looking to expand the project further, according to a statement by...
THE HAGUE, Oct 06 (AFP): Dutch inflation hit a new record of 14.5 per cent in September due to soaring energy prices following Russia's invasion of Ukraine, official figures showed on Thursday.The Netherlands, the EU's fifth largest economy, now has...
RIYADH, Oct 06 (Arab News): The Saudi Central Bank has launched a public consultation on on draft amendments to the Finance Companies Control Law.In order to ensure transparency and wider participation, the bank, also known as SAMA, invited stakeholders and...
WASHINGTON, Oct 06 (AP): President Joe Biden is ready to celebrate a new $20 billion investment by IBM in New York's Hudson River Valley with two House Democrats running in competitive races in next month's critical midterm elections.Biden was set...
Managing Director & CEO of Dutch-Bangla Bank Abul Kashem Md Shirin inaugurated a branch of the bank at Lamabazar (Raja Mansion, 1st & 2nd floor, Holding No. Chayanir-35), Zindabazar Road, Sylhet on Thursday. Local dignitaries, entrepreneurs, industrialists and other guests...
Md Zubayed Ur Rahman, head of HR of Midland Bank, and Achinto Kumar Nag, assistant general manager, HR & Admin of Popular Diagnostic Centre, signed a memorandum of understanding (MoU) in a ceremony held at the bank's head office at...
Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) President Md Jashim Uddin inaugurated the five-day long 17th National Furniture Fair 2022 at International Convention City Bashundhara (ICCB) in Dhaka on Thursday. Bangladesh Furniture Industry Owners Association President Selim H...
Bangladesh government has earned 13.6 million US dollars from exporting 1,352 tonnes of hilsa fish to India this year so far, Fisheries and Livestock Minister SM Rezaul Karim said on Thursday, reports UNB.Hilsa production doubled in last 12 years and...
The World Health Organisation (WHO) has raised an alert over four fever, cold and cough syrups made by an Indian company, urging people not to use them after death of 66 children in the west African nation of Gambia, reports...
Chattogram, Oct 5, (UNB) - The Chattogram Customs House will see a 12-hour suspension of all activities, including taxation, and port delivery of goods from October 14 night to October 15 morning due to an upgrade in its customs management...
Despite Bangladesh Bank's measures to rein in forex spending, the crisis of US dollar drags on without any hint of ending anytime soon, experts say, reports UNB.Recent fall in inward remittances, earnings from exports, and a looming global recession are...
BARCELONA, Oct 06 (AFP): Barcelona on Thursday forecast profits of 274 million euros (270.7 million dollars) this season and record revenues of 1.255 billion euros."It's a conservative budget," Barca's financial vice-president Eduard Romeu said, as the club released figures for...
ZURICH, Oct 06 (AP): Brazil will go to this year's World Cup as the top-rated team after extending its lead over second-place Belgium in the latest FIFA rankings released Thursday.Brazil won its two warmup games in September - against Ghana...
TOKYO, Oct 06 (AFP): Nick Kyrgios roared back from a "frustrating" first set on Thursday to reach the quarter-finals of the Japan Open, defeating Polish player Kamil Majchrzak 3-6, 6-2, 6-2.Despite his slow start, the maverick Australian emerged victorious in...
Bangladesh will take on Pakistan in their opening match of the Tri-nation series at Hagley Oval in Christchurch, New Zealand today (Friday), reports BSS.The match will start at 8am (Bangladesh Time).Vice-captain Nurul Hasan Sohan said, "I think we should not...
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