TOKYO, Sept 22 (Reuters): Toyota Motor Corp said on Thursday it plans to produce about 800,000 vehicles worldwide in October, about 100,000 short of its average monthly production plan, due to semiconductor shortages.The reduction could be seen as a worrisome...
BENGALURU, Sept 22 (Reuters): The head of WhatsApp's India payment business, Manesh Mahatme, has quit after more than a year with the Meta Platforms-owned company to join Amazon India, a source told Reuters on Thursday.Mahatme's exit comes at a critical...
LONDON, Sept 22 (Reuters): Britain's financial watchdog set out plans on Thursday to clarify which operators must be licensed to trade stocks and bonds in its latest post-Brexit move to keep London's capital market competitive.Britain's new Prime Minister Liz Truss...
Disbursement of dividend Bangladesh General Ins Co. Ltd: The company has disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders.Board meetingKDS Accessories Limited: A meeting of the board of directors will be held...
A business review meeting with the participation of regional managers and branch managers under the Rajshahi Division of Karmasangsthan Bank was held on Thursday at Postal Academy, Naodapara, Rajshahi. Managing Director Shirin Akhter was present as the chief guest in...
The Bangladesh Garments Manufacturers and Exporters Association (BGMEA) and upay, one of the fastest growing mobile financial service providers in the country, entered into an agreement to disburse stipends through upay. BGMEA President Faruque Hassan and upay Managing Director and...
South Bangla Agriculture & Commerce (SBAC) Bank Ltd. and The Institute of Chartered Accountants of Bangladesh (ICAB) signed an MoU on Documents Verifications System (DVS). Habibur Rahman, Managing Director & CEO (CC) of SBAC Bank, and Md Shahadat Hossain, President...
Mercantile Bank Limited opened Shariah-based complete 'Islamic Banking Branch' at Dilkusha in the capital on Thursday. The bank's Chairman Morshed Alam, MP, inaugurated the branch by cutting a ribbon as the chief guest while Managing Director & CEO Md Quamrul...
Two Bangladesh projects, are amongst six winners of the 2022 Aga Khan Award for Architecture (AKAA), reports UNB.A monograph that includes essays on issues raised by the Master Jury's selections of the shortlist and the winners for the 2022 Award...
Women own only 6.89 percent of agricultural land in the climate-vulnerable areas of Bangladesh while men own 93.11 per cent, according to a pilot survey by the Bangladesh Bureau of Statistics (BBS), reports UNB.The findings of the survey on sex,...
A total of 101 amendments have been made in the Labour Rules-2015 with the aim of establishing the rights and welfare of the working class people of the country and facilitating the greater enforcement and implementation of the Bangladesh Labour...
NAZIMUDDIN SYAMOL | 2022-09-23 00:00:00
CHATTOGRAM, Sept 22: Korean consulting firms Kunhwa Engineering & Consulting Company Limited and Deyen Yang (DY) Engineering Company Limited on Wednesday submitted the master plan of Bay Terminal to the Chittagong Port Authority (CPA), source said. The Republic of Korea...
FE REPORT | 2022-09-23 00:00:00
The stock market regulator has granted approval to a proposal of Eastern Bank Limited to issue a seven-year non-convertible 3rd subordinated bond worth Tk 5.0 billion for raising 'Tier-II Capital Base' of the bank."Bangladesh Securities and Exchange Commission (BSEC) has...
FE REPORT | 2022-09-23 00:00:00
The stock market regulator has formed a three-member committee to investigate the financial statements of Bay Leasing & Investment for the year ended on December 31, 2021 as the company reported a loss for the first time.The three-member committee, led...
FE REPORT | 2022-09-23 00:00:00
Stocks ended marginally higher on Thursday, after a two-day correction, as bargain hunters showed their buying interest in selective issues.The market swung between positive and negative territories before closing marginally higher although prices of most stocks remained unchanged.DSEX, the benchmark...
JAKARTA, Sept 22 (AFP): Indonesia's central bank hiked its key interest rate for the second month in a row Thursday to combat rising inflation stoked by fuel prices and the war in Ukraine.Bank Indonesia pushed the policy rate to 4.25...
LONDON, Sept 22 (Reuters): The Bank of England (BoE) raised its key interest rate to 2.25 per cent from 1.75 per cent on Thursday and said it would continue to "respond forcefully, as necessary" to inflation, despite the economy entering...
WASHINGTON, Sept 22 (AFP): The International Monetary Fund (IMF) on Wednesday gave Moldova access to about $27 million, after the crisis lender deemed that Ukraine's neighbor had taken strong steps on fiscal governance and anti-corruption.The loan is part of a...
ISTANBUL, Sept 22 (AFP): Turkey's central bank on Thursday cut its policy rate for the second straight month despite an annual inflation rate that has reached 80 per cent and still moving higher.The central bank said it was cutting its...
Sonali Bank Limited signed an agreement with One Bank Limited to use its mobile financial service 'OK Wallet' by integrating it into Sonali Payment Gateway launching a link account service with Sonali Bank customer accounts. Sonali Bank CEO and Managing...
Hundreds of lenders have gathered outside the Evaly office in Dhaka's Dhanmondi following the transfer of the e-commerce platform's responsibility to the family of Mohammad Rassel, former managing director of the company, reports bdnews24.com.Rassel's wife Shamima Nasrin, a co-founder and...
Our Correspondent | 2022-09-23 00:00:00
CHATTOGRAM, Sept 22: The Chittagong Chamber of Commerce and Industry (CCCI) and Bangabandhu Sheikh Mujibur Rahman Maritime University (BSMRMU) signed a Memorandum of Understanding (MoU) on "Academia Industries Relationship" to create skilled manpower for the blue economy in Bangladesh. After...
The government has taken a number of measures including exploring new gas wells along with digging the existing ones to meet the increasing demand of energy, reports BSS."We've taken steps to dig different existing gas wells along with discovering new...
With the slogan 'Odommo Guardian' (Indomitable Guardian), Guardian Life Insurance Limited organised their Annual Sales Conference 2022 at a hotel in Cox's Bazar recently, according to a statement. Sponsors and patrons of the company Tapan Chowdhury, Syed Nasim Manzur, and...
FE REPORT | 2022-09-23 00:00:00
Government will not allow import of eggs in order to protect interests of the local poultry farmers, Agriculture Minister Dr Mohammad Abdur Razzaque said on Thursday."We (the government) will not allow import of eggs. Let us have some patience as...
SYDNEY, Sept 22 (ABC NEWS): By all metrics, Australia is set for another monster year of cropping.With harvest starting in the coming weeks in Queensland, Australian Bureau for Agricultural Resource Economics and Sciences (ABARES) this month estimated a winter crop...
FE REPORT | 2022-09-23 00:00:00
The High Court on Thursday rejected a writ petition challenging the legality of a government decision to appoint an administrator for the Bangladesh Cold Storage Association (BCSA). The High Court bench of Justice Md Rezaul Haque and Justice K M...
NEW DELHI, Sept 22 (The Economic Times): Gold and silver prices in India fell today in tandem with a drop in international prices. On MCX, gold futures were near 7-month lows of Rs 49,321, down 0.25 per cent while silver...
LONDON, Sept 22 (Reuters): Oil prices rose on Thursday as the prospect of higher Chinese demand and heightened geopolitical risks outweighed recession fears after a flurry of central bank interest rate hikes, including from the Bank of England.Brent crude futures...
HYDERABAD, India, Sept 22 (AP): Twenty people were injured in a stampede when thousands of people thronged counters selling tickets for an India-Australia Twenty20 cricket match in southern India, police said on Thursday.The crush of cricket enthusiasts occurred as the...
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