FE REPORT | 2022-09-02 00:00:00
The Bangladesh Garment Workers Solidarity (BGWS) staged a demonstration on Thursday, demanding Tk 25,000 monthly minimum wage for the country's ready-made garment (RMG) sector workers.They also criticised the government's decision of reducing fuel oil price only by Tk 5.0 per...
FE REPORT | 2022-09-02 00:00:00
Nearly 23-per cent urban population in four city corporations in Bangladesh suffers from hypertension, a common risk factor among city-dwellers that leads to several life-threatening complications, says a study.The four cities are Narayanganj, Cumilla, Mymensingh and Rangpur.The findings of the...
CHATTOGRAM, Sept 01 (UNB): A Jatiyatabadi Chhatra Dal (JCD) politician wanted in three criminal cases has been arrested, police said on Thursday.The arrestee has been identified as Shariful Islam Tuhin, member secretary of JCD's Chattogram metropolitan unit.A police team arrested...
Jatiya Party Parliamentary Party on Thursday handed over a letter to Speaker Shirin Sharmin Chaudhury requesting her to recognise party chairman GM Quader as the leader of opposition in the Parliament, reports UNB.Currently, Raushan Ershad is the opposition leader who...
FE REPORT | 2022-09-02 00:00:00
The High Court on Thursday granted anticipatory bail for six weeks to BNP vice-chairman and also former FBCCI President Abdul Awal Mintoo in two cases filed by the police with Sonagazi Police Station in Feni. Mintoo has also been asked...
UN Under-Secretary-General for Counterterrorism Vladimir Ivanovich Voronkov has appreciated the good practices of Bangladesh to counter-terrorism and prevent violent extremism, reports UNB.Voronkov invited Bangladesh to share their story of success in the upcoming high-level meeting of the heads of counter-terrorism...
FE REPORT | 2022-09-02 00:00:00
The Appellate Division Thursday stayed the High Court (HC) verdict that scrapped a provision of the Government Service Act, 2018 making it mandatory for law enforcers to take prior permission from higher authorities in arresting any civil servant on charges...
Information and Broadcasting Minister Dr Hasan Mahmud on Thursday said BNP has come in the field making a plan of creating chaos across the country, reports BSS."BNP has arranged different programmes with a plan of creating anarchy across the country....
BNP on Thursday announced a two-day programme protesting the killing of a Jubo Dal activist in Narayanganj and attacks on the party's 44th founding anniversary programmes in different parts of the country, reports UNB.BNP Secretary General Mirza Fakhrul Islam Alamgir...
Hedge funds that actively buy and sell stocks are set for their worst performance in 10 years, based on new data from Preqin, suggesting that the tide may be turning against stock picking strategies, reports Reuters.Globally, funds that buy and...
A new index that measures distress in the US corporate bond markets showed a slight improvement in August, data released on Wednesday showed, suggesting an uptick in investor sentiment heading into US Federal Reserve Chair Jerome Powell's Jackson Hole speech...
LONDON, Sept 1 (AFP): Global stock markets sank Thursday, propelled by rampant inflation and growing recession fears.Frankfurt, London and Paris equities each slid about 1.5 percent, while oil prices tumbled on demand worries.That followed losses across Asia as investors braced...
Change of AGM timeExpress Insurance Limited: The company informed that the 22nd AGM of the company will be held on September 01, 2022 at 11:00 AM instead of earlier declared time at 11.30 AM. Other information of the AGM will...
TOKYO, Sep 1 (Reuters): A new wave of big private equity players including KKR & Co is moving in on Japan's property market, drawn by attractive yield spreads with Japan's low interest rates and by prospective deals with companies that...
LONDON/TOKYO, Sept 01 (Reuters): Global factory activity slumped in August as Russia's war in Ukraine and China's zero Covid-19 curbs continued to hurt businesses, surveys showed on Thursday, although there were indications cost pressures were starting to ease.Manufacturing activity was...
HONOLULU, Sept 01 (AP): The last bits of ash and greenhouse gases from Hawaii's only remaining coal-fired power plant slipped into the environment this week when the state's dirtiest source of electricity burned its final pieces of fuel.The last coal...
NEW YORK, Sept 01 (Reuters): Chip designer Nvidia Corp said on Wednesday that US officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms' ability to carry...
BRUSSELS, Sept 01 (Reuters): Amazon and Alphabet unit Google criticised Microsoft's cloud computing changes on Tuesday, saying they limit competition and discourage customers from switching to rival cloud service providers.The US software giant on Monday announced amended licensing deals and...
Global Islami Bank signed an agreement with Bangladesh Bank (BB) to provide investment under refinancing facilities for cottage, micro, small and medium enterprises (CMSMEs) recently. The bank has become a participating financial institution of BB under the 'Refinance Scheme against...
NRBC Bank published a special edition of 'PLANET' magazine on Tuesday marking National Mourning Day. President of Bangabandhu Parishad of USA Dr Nuran Nabi unveiled this special edition of PLANET while SM Parvez Tamal, chairman of the bank presided over...
Bangladesh Development Bank Limited (BDBL) and Bank Asia Limited signed an agreement to provide remittance service as sub-agent of Western Union. Kazi Alamgir, managing director and CEO of BDBL and Areef Billah Adil Chowdhury, president and managing director (CC) of...
Rajshahi Zone of Islami Bank Bangladesh Limited organised a webinar on 'Compliance of Shari'ah in Banking Operations' recently on a virtual platform. Professor Dr Mohammad Saleh Jahur, Director of the bank, addressed the webinar as the chief guest while Md...
Midland Bank Limited (MDB) has recently signed a memorandum of understanding with UPAY, a leading mobile financial service provider in Bangladesh. Md Ahsan-uz Zaman, MD & CEO of Midland Bank, and Rezaul Hossain, MD & CEO of UPAY, signed the...
The half-yearly Business Review Meeting-2022 of National Bank limited was held at the National Bank Training Institute on Thursday. Md Mehmood Husain, Managing Director and CEO of the bank, presided over the meeting attended by the managers of all corporate...
Shimanto Bank Ltd. celebrated its 6th anniversary with a programme at its head office in Dhaka on Thursday, says a statement. On September 1 in 2016, Shimanto Bank was officially inaugurated by Prime Minister Sheikh Hasina. In the past six...
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought the support of the Netherlands through the extension of the transition period for Bangladesh's smooth LDC graduation, reports UNB.BGMEA President Faruque Hassan met with Birgitta Tazelaar, deputy director general for...
FE REPORT | 2022-09-02 00:00:00
Olympic Industries, a listed company, has taken a set of decisions, including imports of machinery, to boost its production capacity as the demand for its products is on the rise.The company will import production line accessories to increase the production...
FE REPORT | 2022-09-02 00:00:00
The board of directors of Nahee Aluminum Composite Panel has decided to invest Tk 270 million in a project to manufacture five types of products. The five products are cross tee, main tee, wall angle, runner for aluminum ceiling and...
FE REPORT | 2022-09-02 00:00:00
The benchmark index of the Dhaka Stock Exchange (DSE) crossed the 'psychological' threshold of 6,500 mark on Thursday after nearly four months as buoyant investors continued their buying spree on stocks amid high expectations. The market opened higher and the...
COLOMBO, Sept 01 (AP): The International Monetary Fund (IMF) said Thursday it has reached a staff-level agreement with Sri Lanka to provide $2.9 billion over four years to help salvage the country from its economic crisis.An IMF team visiting Sri...
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