Speakers at a roundtable on the country's energy security on Saturday emphasised exploring alternative energy sources to help address the looming crisis.Highlighting the use of liquefied natural gas (LNG), they called for promoting green energy and focusing more on electric...
Kazakhstan is expected to sell some of its crude oil through Azerbaijan's biggest oil pipeline from September, as the nation seeks alternatives to a route Russia threatened to shut, Reuters cited three sources familiar with the matter as saying, reports...
A deal was signed on Friday to transfer the responsibility of operating Cox's Bazar Air Port Aviation Depo from Standard Asiatic Oil Company Limited (SAOCL) to Padma Oil Company Limited (POCL), both subsidiaries of Bangladesh Petroleum Corporation (BPC). BPC Chairman...
FE ReportTwenty industrial units will get the President's Award for Industrial Development- 2020 for their outstanding contribution to the national economy by setting up industries in private sector and creating employment. Industries ministry on Wednesday issued a gazette notification in...
FE REPORT Around Tk 730 billion is being laundered from the country annually through gold smuggling, Bangladesh Jewellers' Association (BAJUS) claimed on Saturday, urging the government to take stern actions immediately to stop the illegal trading. They estimated that illegal...
Credit card debt has surged as consumers struggle to keep up with the high cost of living amid rising inflation, reports UNB.As the prices of all kinds of products including essentials are on the rise in the market people have...
A road show was held in Bogura on Thursday on the initial public offering (IPO) of the ICB AMCL CMSF Golden Jubilee Mutual Fund, says a press release.The mutual fund has been formed by the Capital Market Stabilisation Fund (CMSF)...
FE REPORT Speakers at a programme on Saturday urged the government to impose soft regulation on social media and over-the-top (OTT) platforms as the sector is still in the preliminary stage. They also suggested the authorities concerned to consult with...
WASHINGTON, Aug 13 (Reuters): US automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs), as Congress prepares for final votes today on a bill that includes...
Janata Insurance Company Limited (JICL) Chairman Zafrul Islam Chowdhury presiding over the 36th annual general meeting (AGM) of the company on a digital platform recently. The AGM has approved a 5.0 per cent bonus and 6.0 per cent cash dividends...
The three-day "Remitter's Festival" organised by an advertising and event management company "Idea Gallery", will be held on September 16-18, 2022 at the Expo Centre in Sharjah, the UAE, reports BSS.The festival is an annual event to promote remittance through...
Bangladesh Youth Leadership Centre (BYLC) launched a career expo in the city's Mohakhali area on Saturday, focusing on the development sector, reports UNB.With over 500 registered participants, more than 20 participating employer organisations, and 20-plus youth engagement and club partners,...
FE Report | 2022-08-14 00:00:00
A global impact analysis is required to assess whether the rule-based system of World Trade Organization (WTO) is properly functional, the secretary of the Economic Relations Division (ERD) said on Saturday.Sharifa Khan said it should be looked into whether there...
The Infrastructure Development Company Limited (IDCOL) has financed the first rooftop solar project of Hatil Complex Limited, said a press release. The 2.67 mw project would be implemented on the factory rooftops of Hatil Complex Limited, located at Kashimpur in...
SINGAPORE, Aug 13 (Reuters): Malaysian electricity utility Tenaga Nasional Bhd plans to begin the process next year for a potential $1 billion listing of its power generation business, sources close to the matter told Reuters.In what would be the country's...
Brazilian power company Eletrobras on Friday reported its second-quarter net income fell 45 per cent, hit by the provision for losses in investments, reports Reuters.In the first earnings report since its privatization, Centrais Eletricas Brasileiras SA, as the company is...
HONG KONG, Aug 13 (Reuters): China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed by Reuters, in what will be the largest...
LONDON Aug 13 (Reuters) :US stock index futures were indicating a positive start to Wall Street on Friday and world stocks headed for a fourth straight week of gains as investors scaled back views on how far US interest rates...
Board meetingFareast Finance & Investment Limited: A board meeting of the company will be held on August 21, 2022 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2020.Disbursement of...
First Security Islami Bank Ltd. and SHIFT Financial Services Ltd signed a Remittance Drawing Agreement recently at the Head Office of SHIFT Financial Services Ltd. located at Park Royal, London, United Kingdom. Syed Waseque Md. Ali, Managing Director of First...
NEW YORK, Aug 13 (Reuters): Wall Street closed higher on Friday as signs that inflation may have peaked in July increased investor confidence that a bull market could be under way and spurred the S&P 500 and the Nasdaq to...
Foreigners turned net buyers of Japanese stocks in the week ended August 5 as a batch of upbeat corporate earnings reports boosted sentiment, reports Reuters.Overseas investors bought Japanese stocks worth a net 336.86 billion yen ($2.53 billion) last week, after...
FE REPORT | 2022-08-14 00:00:00
Top 10 turnover leaders grabbed 29.05 per cent of the total value of issues traded on the Dhaka Stock Exchange (DSE) last week. In the week, shares worth Tk 35.84 billion changed hands on the country's premier bourse, of which...
The 23rd Annual General Meeting of ONE Bank Limited was held on a digital platform recently, says a press release.A.S.M Shahidullah Khan, Chairman of the Board of Directors, chaired the AGM. The shareholders of the bank as well as the...
FE REPORTSavar Refractories Ltd, a Z-category company, has started the process of voluntary delisting, being unable to carry on operation amid continued losses on account of shrinking demand for its products.Talking to the FE, the company's officials said Savar Refractories'...
Toddler drowns in Kurigram pondKURIGRAM, Aug 13: A one-and-a-half-year-old drowned in a pond near his house while playing there in Kurigram's Rowmari upazila on Friday. The deceased was identified as Abu Horayra, son of Samaun Islam of Uttarpara village of...
NAOGAON, Aug 13 (BSS): A man and his wife were killed as their car plunged into a ditch in Mohadevpur upazila of the district on Saturday noon.The deceased were identified as Shimul, 30, hailed from Manda upazila and his wife...
RAJSHAHI, Aug 13 (BSS): Surface water conservation, managed aquifer recharge and afforestation can be the best way of protecting climate and water in the Barind area from further degradation.Adverse impact of climate change and abnormal declining of groundwater are posing...
SATKHIRA, Aug 13 (UNB): Residents of the coastal areas of Satkhira formed a human chain in front of the press club on Saturday, demanding supply of pure drinking water in the district.Despite repeated requests, the protesters claimed, the authorities turned...
OUR CORRESPONDENT | 2022-08-14 00:00:00
CHANDPUR, Aug 13: At least one hundred poor and distressed families who were given shelter in new houses under the Ashrayan project have been rendered homeless again due to erosion by the mighty rivers Meghna and Padma.The Ashrayan project was...
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