FE Today Logo

Search results for:


Govt trying to bring back fugitive Bangabandhu’s killers: Hasan

2022-08-16 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud said on Monday Ziaur Rahman and his family were the most beneficiaries of Bangabandhu killing and BNP is the byproduct of the incident, reports BSS."It is a matter of great regret that BNP's...

Conspiracies of 1971's evil forces still going on: Joy

2022-08-16 00:00:00

Bangabandhu Sheikh Mujibur Rahman's grandson Sajeeb Wazed Joy has said conspiracies of the evil forces, defeated in the Liberation War of 1971, are yet to come to an end, reports BSS. To avenge the defeat, they (evil forces) have hatched...

(Clockwise): President M Abdul Hamid offering munajat at Durbar Hall of Bangabhaban

2022-08-16 00:00:00

(Clockwise): President M Abdul Hamid offering munajat at Durbar Hall of Bangabhaban after Magrib prayers on Monday seeking eternal peace of the departed souls of Bangabandhu and his other family members, who faced martyrdom on August 15 in 1975. Prime...

PM struggling to fulfill Bangabandhu's dream, says Quader

2022-08-16 00:00:00

Awami League (AL) General Secretary Obaidul Quader has said Prime Minister Sheikh Hasina is struggling to fulfill the dream of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, reports BSS. "Prime Minister Sheikh Hasina is working relentlessly to materialise the...

Meal-kit firm HelloFresh still aiming for higher 2022 targets

2022-08-16 00:00:00

German meal-kit maker HelloFresh (HFGG.DE) said on Monday it could still achieve its earlier 2022 outlook despite cutting the forecast last month, sending its shares up by as much as 10 per cent, reports Reuters. The Berlin-based company, which delivers...

India's billionaire investor Rakesh Jhunjhunwala dies

2022-08-16 00:00:00

NEW DELHI, Aug 15 (UNB): India's first billionaire investor Rakesh Jhunjhunwala, who started his investing career with 100 US dollars, died at a hospital in Mumbai on Sunday morning. He was 62.Jhunjhunwala was rushed to Mumbai's Breach Candy Hospital around...

Volkswagen, Mahindra deepen electric vehicle component ties

2022-08-16 00:00:00

FRANKFURT, Aug 15 (Reuters): Volkswagen AG and Mahindra and Mahindra on Monday expanded their cooperation and signed a term sheet under which the German carmaker will supply electric components to its Indian peer.The agreement covers components of Volkswagen's open platform...

Wall Street revives Russian bond trading

2022-08-16 00:00:00

NEW YORK, Aug 15 (Reuters): Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days, according to bank documents seen by Reuters, giving investors another chance to dispose of assets widely seen in...

Chinese NYSE delistings could pave way for audit deal with US

2022-08-16 00:00:00

HONG KONG, Aug 15 (Reuters): The move to delist five Chinese state-owned enterprises (SOEs) from the New York Stock Exchange (NYSE) could pave the way for Beijing to strike an audit deal with the United States, ending a more than...

World stocks pause as faltering China knocks oil and copper

2022-08-16 00:00:00

LONDON, Aug 15 (Reuters): China's faltering consumer demand and factory activity sent copper and crude oil prices tumbling on Monday as investors worried about the condition of the world's second-largest economy.Weaker US stock index futures also sapped momentum on European...

US stocks lower

2022-08-16 00:00:00

NEW YORK, Aug 15 (AFP): Wall Street stocks opened lower on Monday, handing back a fraction of recent gains ahead of key US retail sales and earnings reports.Analysts cited weak Chinese industrial and retail sales data that prompted the People's...

Insurer Phoenix sees upbeat performance on demand

2022-08-16 00:00:00

Phoenix Group on Monday forecast annual cash generation at the top end of its expectations, as robust demand in pension-related policies and higher interest rates helped the insurer post a modestly better-than-expected half-year profit, reports Reuters.Insurers across the board have...

Khondoker Rashed Maqsood presents a bouquet to Prof Shibli Rubayat-Ul-Islam

2022-08-16 00:00:00

Managing Director & CEO of Standard Bank Khondoker Rashed Maqsood presents a bouquet to Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat-Ul-Islam recently, congratulating him on his being elected the vice chairman of the Asia Pacific Regional Committee...

Rupali Bank inaugurated 4th sub-branch at Austagram

2022-08-16 00:00:00

Rupali Bank Ltd. inaugurated its 4th sub-branch at Austagram upazila in Kishoreganj district on Sunday. Rezwan Ahmed Tawfiq, MP, inaugurated the branch as the chief guest. Chairman of Rupali Bank Kazi Sanaul Hoq presided over the event while Managing Director...

National Mourning Day in pictures

2022-08-16 00:00:00

Different banks and other organisations observed the National Mourning Day on Monday through different activities, as is seen in the pictures below, marking the 47th anniversary of martyrdom of Father of the Nation Bangabandhu Sheikh Mujibur Rahman

News Briefs (2022-08-16)

2022-08-16 00:00:00

Disbursementof Dividend Eastland Insurance Co Ltd: The company disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders' bank accounts through BEFTN system on 10 August 2022. The dividend warrants of the shareholders whose...

114th meeting of Executive Committee of Modhumoti Bank held

2022-08-16 00:00:00

The 114th meeting of the Executive Committee of Modhumoti Bank Limited was held recently with assistance of Zoom technology. The meeting was presided over by EC Chairman Barrister Sheikh Fazle Noor Taposh. Managing Director of Sharmin Group Mohammad Ismail Hossain,...

Pubali Bank opened sub-branch at Aftabnagar

2022-08-16 00:00:00

Pubali Bank Limited has recently opened its sub-branch at Aftabnagar in Dhaka under Rampura Branch having online banking facilities to provide modern and digital banking services. Managing Director & CEO Safiul Alam Khan Chowdhury formally inaugurated the sub-branch as the...

IAMCL, a subsidiary of ICB, signed agreement with ICB Securities Trading Company

2022-08-16 00:00:00

ICB Asset Management Company Ltd. (IAMCL), a subsidiary of ICB, signed an agreement with ICB Securities Trading Company Ltd., another subsidiary of ICB, as a sales representative for boosting the sales of its (IAMCL) mutual fund units. IAMCL CEO ATM...

Global Ins Ltd approves 12pc dividend

2022-08-16 00:00:00

The 22nd annual general meeting (AGM) of Global Insurance Limited was held on a digital platform recently, with Chairman of the company Sayeed Ahmed in the chair, says a press release. At the AGM, the Directors' Report and audited accounts...

BRAC Bank offers student banking benefits for DIU

2022-08-16 00:00:00

BRAC Bank has recently signed an agreement with Daffodil International University (DIU) to provide preferential benefits of Agami, a complete range of student banking services, says a statement.Currently, Daffodil University has 19,000 students enrolled and 4,000 resident students in its...

177,681 BO accounts closed in one month

FE REPORT | 2022-08-16 00:00:00

The number of active BO (beneficiary owner's) accounts has declined 8.82 per cent in the past one month mainly because of non-payment of account maintenance fees.A total of 177,681 active BO accounts were shut down during the period from July14...

NAVs of listed MFs decline as stock prices dip

FE REPORT | 2022-08-16 00:00:00

The listed mutual funds (MFs) saw a decline in their net asset values (NAVs) as the stocks lost their value following price corrections in all four trading days of the last week.The fund managers are required to invest at least...

News in Brief-(2022-08-16)

2022-08-16 00:00:00

Harry, Meghan to visit UK in September for charity eventsLONDON, Aug 15: The Duke and Duchess of Sussex are due to visit the UK next month to attend charity events "close to their hearts". They will be attending the One...

Taliban mark turbulent first year in power

2022-08-16 00:00:00

KABUL, Aug 15 (AFP): The Taliban marked the first anniversary of their return to power in Afghanistan with a national holiday Monday, following a turbulent year that saw women's rights crushed and a humanitarian crisis worsen.Exactly a year ago, the...

Muslims in fear as Indian democracy turns 75

2022-08-16 00:00:00

NEW DELHI, Aug 15 (Reuters/Al Jazeera): As India celebrates 75 years of independence, the country's Muslims and other minorities say they find themselves in a state of siege.Ruled by the Bharatiya Janata Party (BJP) since 2014, the South Asian nation...

Russian forces pound Ukraine's Donetsk

2022-08-16 00:00:00

KYIV, Aug 15 (Reuters/AFP): Ukrainian forces reported heavy Russian shelling and attempts to advance on several towns in the eastern region of Donetsk that has become a key focus of the near six-month war, but said they had repelled many...

Russia, N Korea will expand bilateral relations: Putin

2022-08-16 00:00:00

SEOUL, Aug 15 (Reuters): Russian President Vladimir Putin told North Korean leader Kim Jong Un the two countries will "expand the comprehensive and constructive bilateral relations with common efforts," Pyongyang's state media reported on Monday.In a letter to Kim for...

Suu Kyi jailed for six more years for corruption

2022-08-16 00:00:00

NAYPYITAW, Aug 15 (Reuters): A court in military-ruled Myanmar sentenced deposed leader Aung San Suu Kyi to six years in prison on Monday after finding her guilty in four corruption cases, a source with knowledge of the proceedings said.The 77-year-old...

China conducts fresh drills around Taiwan as US lawmakers visit

2022-08-16 00:00:00

BEIJING, Aug 15 (AFP): China staged fresh military drills around Taiwan on Monday, slamming a new visit by United States lawmakers to the island days after a similar trip by House Speaker Nancy Pelosi triggered a furious response from Beijing.The...