Nagad has come up with an attractive offer of cashback in the country, reports BSS.From now on, any new full-profile customer of Nagad will be able to get up to maximum Tk 1,000 cashback a month for mobile recharge.A newly...
BENGALURU, Oct 03 (Reuters): Indian shares fell on Monday, weighed by losses in metals, banks and auto companies, on renewed fears of spike in inflation on the back of surge in crude prices amid lingering concerns over global growth.The NSE...
Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to a prospectus filed with the US Securities and Exchange Commission (SEC) on Friday, reports CNBC.Mobileye's filling indicates strong revenue growth...
Germany's government bond yields edged lower on Monday, with gilts out of the spotlight, amid signals that the European Central Bank (ECB) might be on top of surging inflation, reports Reuters.Gilt 2-year yield was down 9 basis points (bps) to...
SINGAPORE, Oct 03 (Reuters): Buyout firms and asset managers are moving in on billions of dollars of infrastructure assets across Southeast Asia, lured by the sector's growth prospects and stable, long-term returns, bankers and analysts say.Merger and acquisition deal volume...
Shares in the Asia-Pacific were mixed on Monday as markets enter the last quarter of the year, reports CNBC.Hong Kong's Hang Seng index was 0.97 per cent down in the final hour of trade, after reaching the lowest levels since...
Recommendation of dividendKDSALTD: The Board of Directors has recommended 16 per cent cash dividend for the year ended on June 30, 2022. Date of AGM: 24.11.2022, Time: 11:00am, Venue: Digital platform. Record Date: 01.11.2022. The company has also reported EPS...
The 4th Shari'ah Supervisory Committee meeting of Aviva Finance Limited was held at its head office board room in Dhaka recently. The meeting was presided over by Mufti Sayeed Ahmed, Chairman of the Shari'ah Supervisory Committee. Members of the committee...
Southeast Bank Limited provided an ambulance to 'Professor Nazrul Rheumatology Foundation & Research (PNRFR)' as a part of its corporate social responsibility. M Kamal Hossain, Managing Director of Southeast Bank, handed over the key of the ambulance to Prof Md...
Arif Quadri, Managing Director & CEO of United Commercial Bank Limited, and Shahadat Musharraf Khan (Mukul), President of Cadet College Club Ltd., signed an agreement at the Cadet College Club in Dhaka on Sunday. Under this agreement, Cadet College Club...
A Chinese company will set up a garments factory in Chattogram Export Processing Zone (CEPZ) with an investment of $ 9.58 million, said a press release.Fully foreign owned this Chinese company-M/s. Intex Link Garments (BD) Limited will produce annually 61...
South Korean Ambassador to Bangladesh Lee Jang-keun has said Hyundai cars would be assembled in Bangladesh by the end of this year, reports UNB.At the Kaliakoir Hi-Tech Park, he said, local company Fair Technology is now preparing an assembly plant...
Bank Asia has recently organised a learning dissemination programme on improving access to formal financial package for aquaculture stakeholders in southern region of the country that was implemented by Bank Asia, funded by Feed the Future Bangladesh Aquaculture and Nutrition...
Mosleh Uddin Ahmed joined Shahjalal Islami Bank Limited as its Managing Director & CEO on Monday, says a statement. Prior to his joining Shahjalal Islami Bank, Mr Ahmed has served as Managing Director & CEO of National Credit & Commerce...
FE REPORT | 2022-10-04 00:00:00
The benchmark equity index ended in the red, snapping a three-day rally, as some major sectors witnessed price corrections amid sell-offs. In step with the index, the turnover of Dhaka Stock Exchange (DSE) also declined as investors stayed on the...
RIYADH, Oct 03 (Arab News): A UK delegation led by Lord Mayor of the City of London Alderman Vincent Keavney discussed trade and investment opportunities with Saudi Arabia's Minister of Investment Khalid Al-Falih during talks in Riyadh.After the meeting, part...
ISTANBUL, Oct 03 (AFP): Turkish inflation jumped to a new 24-year high exceeding 83 per cent in September, official data showed Monday, as President Recep Tayyip Erdogan presses for more interest rate cuts despite surging prices.Turkey's monetary policymakers are bucking...
RIYADH, Oct 03 (Arab News): Saudi Arabia's budgeted revenues for 2023 are likely to be based on the Brent price at $76 per barrel, said Al Rajhi Capital in its assessment of the Kingdom's budget figures. "For 2023, we believe...
KUALA LUMPUR, Oct 3 (Reuters): The weakening Malaysian ringgit, which is at its lowest since 1998, was not a reflection of the state of the nation's economy, its central bank governor said on Monday.Bank Negara Governer Nor Shamsiah Mohd Yunus...
NEW DELHI, Oct 03 (Reuters): Reliance Jio will soon launch a laptop priced at just 15,000 rupees ($184) - one of the cheapest on offer in India, aiming to replicate the success of its low-cost phone, said two sources with...
TOKYO, Oct 03 (AP): Business sentiment among large manufacturers worsened for the third straight quarter, a Bank of Japan survey showed Monday, as the nation grappled with rising costs, the dropping value of the yen and restrictions on economic activity...
BENGALURU, Oct 03 (Reuters): India's factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence, a private survey showed.The Manufacturing Purchasing Managers' Index, compiled by...
Head of Business of Eastern Bank Limited Syed Zulkar Nayen, and Director of Parkway Hospitals Bangladesh Office Zahid Hassan Khan are seen exchanging documents after signing an agreement on behalf of their organisations in Dhaka recently. Under the agreement, Eastern...
BRAC Bank has organised Agent Banking Conference for its Sylhet region, says a press release. The conference was organised to formulate a roadmap as the bank moves forward with the rapid network expansion drive of the alternate banking channel across...
Md Mohiuddin Khondaker joined Express Insurance Limited (EIL) as company secretary recently, according to a statement. Before joining EIL, he had been serving Islami Insurance Bangla-desh Limited as deputy company secretary since 2011. He obtained MA, MBA, and LLB degrees....
Rick Haque Sikder has become the director of National Bank Limited (NBL). The Banking Regulation and Policy Department (BRPD), Division-2, of Bangladesh Bank on Sunday gave an approval in this regard, says a press release. Earlier, the board of directors...
Robi Axiata has appointed Rajeev Sethi as the company's Chief Executive Officer (CEO), the company said in a statement on Monday, reports UNB.He will be replacing M Riyaaz Rasheed, who has been serving as Robi's Acting Chief Executive Officer since...
FE REPORT | 2022-10-04 00:00:00
A two-day international summit will begin in Dhaka on November 23 to promote women-led businesses and create a global matchmaking platform.The International Women Entrepreneurs' Summit (IWES) 2022, to be held at a city hotel, is expected to draw participants from...
MONIRA MUNNI | 2022-10-04 00:00:00
The light engineering sector may get a boost from a newly-framed policy with a time-bound action plan to address the challenges that are hindering its growth.Sources said an 11-point plan would help develop infrastructure, industrial park, easy financing and industrial...
GUWAHATI, India, Oct 03 (AFP): India survived an unbeaten 106 by David Miller to clinch their first ever Twenty20 series against South Africa at home with a 16-run victory in the second match on Sunday.Suryakumar Yadav smashed 61 off 22...
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