Stocks succumb to profit takingThe benchmark equity index dropped further on Monday, extending the losing streak for a second straight session as shaky investors rushed to lock in profits from quick-gaining stocks. The market witnessed see-saw trading right from the...
SYFUL ISLAM | 2022-09-06 00:00:00
BASIC Bank, the scam-hit government bank, considers creating more than a thousand new posts in its organogram, but the finance ministry has found the recruitment plan "not feasible", considering its overall state of affairs.The bank has recently sought 'no objection'...
The Secondary School Certificate (SSC) exams will start at 11 am instead of 10 am and the duration of the tests will be two hours instead of three, according to Education Minister Dipu Moni, report agencies."Due to the COVID-19 pandemic,...
FHM HUMAYAN KABIR | 2022-09-06 00:00:00
India has yet to relax terms and conditions binding use of its US$7.862 billion line of credit (LoC) which affected execution of over 30 projects ongoing, insiders have said.New Delhi has disbursed only $1.32 billion worth of funds in 12...
FE REPORT | 2022-09-06 00:00:00
Energy trading and cooperation in absorbing shocks from the Ukraine war may figure high during a summit meeting between Prime Minister Sheikh Hasina and Indian premier Narendra Modi today (Tuesday).Bangladesh foreign secretary Masud Bin Momen said so while talking to...
SIDDIQUE ISLAM | 2022-09-06 00:00:00
Austerity works as Bangladesh's import orders dropped nearly 24 per cent or US$1.77 billion in August following regulatory measures to ease pressure on the economy from forex crunch, officials said.The opening of letters of credit (LCs), generally known as import...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rajshahi, Rangpur, Dhaka, Mymen-singh and Sylhet divisions in the next 24-hour from 06:00 am today (Tuesday), according to the met Office.Day and...
Bangladesh reported zero Covid-linked death and 333 cases in 24-hour until Monday morning, reports UNB.With the new numbers, the country's total fatalities remained unchan-ged at 29,328 while the caseload rose to 2,013,094, according to the Directorate General of Health Services...
Three more Dengue patients died in 24 hours until Monday morning, raising this year's death toll from the mosquito-borne disease to 26, reports UNB.During this period, 208 more people were hospitalised with the viral fever as cases have continued to...
State Minister for Shipping Khalid Mahmud Chowdhury said three more marine academies will be established alongside the existing five to create skilled marine cadets, reports UNB.Khalid said this at a meeting of the marine academies in the city on Monday."There...
MUNIMA SULTANA | 2022-09-06 00:00:00
Metro-rail fare has been set at Tk 5.0 per kilometre per ride, more than double the bus fare and less than half the fare declared for auto-rickshaws.Prime Minister Sheikh Hasina approved the fare policy for Mass Rapid Transit Line-06 (MRT-06)...
PABNA, Sept 05 (UNB): Local administration imposed restrictions on public assembly at Pabna's Bhangura upazila to avert any untoward incident as two rival political parties announced simultaneous rallies at the same venue.The restrictions applied under Section 144 of the CrPc...
FE REPORT | 2022-09-06 00:00:00
The High Court on Monday granted anticipatory bail for eight weeks to suspended Mayor of the Gazipur City Corporation (GCC) Mohammad Zahangir Alam in a defamation case filed in Faridpur. The HC bench of Justice Md Rezaul Hasan and Justice...
Education Minister Dipu Moni said on Monday the educational institutions will decide whether or not to allow student politics on the campus, reports UNB."The outcome of banning student politics in educational institutions is not usually good. This should also be...
Stating that the outcomes of Prime Minister Sheikh Hasina's previous India tours were disappointing for the nation, BNP Secretary General Mirza Fakhrul Islam Alamgir has said they want to see what she achieves this time during her four-day visit, reports...
BENGALURU, Sept 5 (Reuters): Indian shares closed higher on Monday on gains in metals and banking stocks after logging their second straight weekly loss in the previous session. The NSE Nifty 50 index was up 0.72 per cent at 17,665.80...
LONDON, Sept 5 (Reuters): UK-based investors pulled a record net 1.93 billion pounds ($2.23 billion) from equity funds last month, surpassing records set in the aftermath of Britain's vote to leave the European Union in 2016, fund network Calastone said...
LONDON, Sept 5 (AFP): European stocks tumbled Monday and the euro hit a new 20-year dollar low on energy crisis fears, after Russia said it would not restart gas flows to Germany and effectively most of the continent.Natural gas prices...
Disbursement of dividend Krishibid Feed Limited: The company has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.Suspension of tradingTrading of the units of AB Bank 1st Mutual Fund, EBL NRB Mutual Fund, PHP...
RIYADH, Sept 05 (Arab News): Saudi Arabia is working to localize 18 professions over the next year, as the Kingdom steadily progresses in its efforts to create more jobs in line with Vision 2030, according to Saudi Transport Minister Saleh...
BEIJING, Sept 05 (Reuters): Woes in China's residential property market are expected to deepen this year as homebuyers remain cautious, with economists now expecting home prices to fall in 2022 and betting on a faster drop in property sales than...
Janata Bank Limited Managing Director and CEO Md Abdus Salam presiding over the Task Force meeting of the bank at its head office in the city on Monday
Uttara Motors Limited, the sole distributor of Japanese Commercial Vehicle Brand, has recently launched the all-new N-Series models of Isuzu trucks with latest Japanese technology in Bangladessh, said a press release. Chief Operating Officer (Isuzu) of Uttara Motors Ltd Col...
The 97th meeting of the Board of Directors of Crystal Insurance Company Limited was held at the Board Room of company's corporate office in Dhaka on Sunday. Chairman of the company Abdullah Al-Mahmud (Mahin) presided over the meeting. Diorectors AHM...
Al-Arafah Islami Bank Limited (AIBL) has opened its 202nd branch at Bagerhat Sadar on Monday. The bank's Board Executive Committee Chairman Abdus Samad Labu inaugurated the new branch as the chief guest while Director Md Anowar Hossain and CEO of...
Islami Bank Bangladesh Limited organised a views-exchange meeting with Bangladeshi expatriates in Abu Dhabi, UAE, recently. Mohammed Monirul Moula, Managing Director and CEO of the bank was present as the chief guest. Muhammad Mizanur Rahman, Deputy Chief of Mission, and...
IFIC Bank has launched the 'IFIC Freelancer Service Package' for freelancers working in Bangladesh to bring their income earned from abroad into their bank accounts quickly and provide them with all kinds of banking services. Chairman of IFIC Bank and...
NAZIMUDDIN SHYAMOL | 2022-09-06 00:00:00
CHATTOGRAM, Sept 05: The World Bank has expressed its interest to invest in the under-construction multi-billion taka Bay Terminal project, an official at the Chittagong Port Authority (CPA) said on Monday. The official seeking anonymity as he was not authorised...
FE REPORT | 2022-09-06 00:00:00
Ten most-traded stocks accounted for one-third transactions of the Dhaka Stock Exchange (DSE) on Monday, with JMI Hospital Requisite Manufacturing Ltd. dominating the turnover list.The medical equipment manufacturer topped the prime bourse's turnover list after almost two months as investors...
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