OUR CORRESPONDENT | 2022-08-12 00:00:00
CHATTOGRAM, Aug 11: A Jubo League leader has filed a case accusing 23 people including the Chief Election Commissioner (CEC) for rigging vote by the Electronic Voting Machine (EVM) in Chattogram. The plaintiff named Nasir Uddin is a member of...
Awami League General Secretary Obaidul Quader on Thursday warned that if the Bangladesh Nationalist Party (BNP) resorts to any violence and arson terrorism in the name of movement, it will be handled with strong hand on the streets, reports BSS."If...
BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday urged the people, especially the youth, to get ready to intensify the movement against the current 'fascist regime' by taking control of the streets as their victory is inevitable, reports UNB."I...
LONDON, Aug 11 (AFP): European stock markets eased on Thursday as investors took profit from the gains notched up the previous day on better-than-expected inflation data in the US.But while overall sentiment was positive, investors remain on edge as officials...
BERLIN/LONDON, Aug 11 (Reuters): Zurich Insurance Group reported a better-than-expected 25 per cent rise in operating profit in the first half on strong performance across the board and announced a bumper 1.8 billion Swiss francs ($1.91 billion) share buyback on...
BENGALURU, Aug 11 (Reuters): Indian shares closed at four-month highs on Thursday, led by gains in technology and bank stocks, after a softer-than-expected US inflation data eased fears of aggressive rate hikes by the Federal Reserve.For domestic cues, investors are...
LONDON, Aug 11 (Reuters): Wall Street headed for another day of gains on Thursday as investors banked on peaking inflation persuading central banks to dial back on their anticipated interest rate hikes in September.The prospect of less aggressive tightening in...
SINGAPORE, Aug 11 (AFP) : Singapore on Thursday narrowed its economic growth forecast this year after the economy contracted in the second quarter compared to the previous three months due to rising inflation and tighter monetary policies, the government said.Moves...
Disbursement of dividend AB Bank Limited: The bank disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders.Desh General Insurance Company Limited: The company informed that it has disbursed the cash dividend for the...
HSBC Bangladesh has been awarded the "Asian Banking and Finance Awards 2022" as the international retail bank of the year for the second time in a row, reports UNB.The award is an acknowledgement of the strengths of the bank's personal...
SYLHET, Aug 11 (UNB): India has for the first time used a landport in Bangladesh to transport its goods in the northeastern state of Meghalaya from Kolkata as part of a bilateral accord.A goods-laden vehicle reached Meghalaya from Kolkata on...
Bangladesh Chamber of Industries (BCI) has tied up with SME Foundation to jointly work towards development and capacity building of the small and medium enterprises across the country, reports UNB.A memorandum of understanding (MoU) was signed between the two organizations...
MetLife Bangladesh customers have received Tk 12.79 billion (1279 crore) from their insurance policies in the first six months of 2022 (January - June), says a press release.This amount includes the amount received from policy maturity, and claims from loss...
Padma Bank and Flora Systems Ltd signed an agreement regarding the Digital Transformation of the bank at its Gulshan Corporate Head Office on Wednesday. Tarek Reaz Khan, managing director and CEO of Padma Bank, and Mustafa Rafiqul Islam, chairman and...
Signify (Euronext: LIGHT), the world leader in lighting, launched its EcoLink range of fans and lighting in Bangladesh on Thursday to cater to the growing demand in the country, says a press release. The company already has a significant presence...
FE REPORT | 2022-08-12 00:00:00
Bangladesh Telecommunication Regulatory Commission (BTRC) has directed the mobile network operators (MNOs) and internet service providers (ISPs) to provide information about how much they spent on digital advertisements on different social media platforms in 2021.The commission sent a letter on...
Pubali Bank Limited's 2nd Business Conference-2022 of Regional and Corporate Branch Managers was held at bank's head office on Thursday. Monzurur Rahman, Chairman of the board of directors of Pubali Bank, was the chief guest at the conference with the...
The 27th annual general meeting (AGM) of Al-Arafah Islami Bank Ltd. was held virtually on Thursday. The meeting was presided over by Salim Rahman, Chairman, Board of Directors of the bank. The meeting approved 15 per cent cash dividend for...
FE REPORT | 2022-08-12 00:00:00
The securities regulator says the 'floor price' imposed recently will remain effective until further order.The Bangladesh Securities and Exchange Commission (BSEC) made the announcement on its official facebook page on Thursday.The announcement came in the wake of rumours of possible...
BRAC Bank has organised a subscription closure ceremony for its Affordable Housing Bond subscribed by International Finance Corporation (IFC), says a statement. The Bangladesh's first-ever housing bond is aimed at providing affordable housing loans to low and middle-income urban and...
The 27th annual general meeting (AGM) of Southeast Bank Limited was held virtually on Thursday, with its Chairman Alamgir Kabir in the chair, says a statement. The bank's Vice-Chairperson Duluma Ahmed, Directors Jusna Ara Kashem, Md Akikur Rahman, M Maniruz...
FE REPORT | 2022-08-12 00:00:00
Stocks extended the losing streak for a fourth day in a row, as nervous investors continued their sell-offs amid growing macroeconomic worries.Dhaka Stock Exchange (DSE) opened the day's session in the red. Although the benchmark DSEX index made several recovery...
WASHINGTON, Aug 11 (AFP): A steep plunge in energy costs last month caused US wholesale prices to cool sharply in July, according to government data Thursday, a welcome sign that more relief is on the way for American families plagued...
Gasoline prices dipped to just under the $4 mark for the first time in more than five months - good news for consumers who are struggling with high prices for many other essentials, reports AP.AAA said the US national average...
FE REPORT | 2022-08-12 00:00:00
The former chairman of the controversial e-commerce platform Evaly Limited, Shamima Nasrin, has approached the court-appointed board of directors to include two relatives and her on the board.The two other proposed names are her mother Farida Talukder Lily and sister's...
Chairman of Chittagong Port Authority (CPA) Rear Admiral M Shahjahan is releasing carps into the pond of CPA as part of the national programme on Thursday — FE Photo
FE REPORT | 2022-08-12 00:00:00
The High Court on Wednesday ordered to form an investigation committee headed by a professor of Chemical Engineering Department of Bangladesh University of Engineering and Technology (BUET) in the incident of fire at BM Container Depot in Sitakunda of Chattogram....
Eastern Bank Limited (EBL) organised on Wednesday a virtual seminar titled 'Father of the Nation Bangabandhu Sheikh Mujibur Rahman's vision of sustainable development' in observance of the National Mourning Day. Planning Minister MA Mannan joined the seminar as the chief...
Pan Pacific Sonargaon appointed Robin James Edwardson as its new general manager on Wednes-day, says a statement.Mr Edwards has 43 years of experience in hospitality management. He worked with leading hotel and resort brands like InterContinental Hotels Group (IHG), Starwood...
Bangladesh China Cham-ber of Commerce and Industry (BCCCI) and Bangladesh International Arbitration Centre (BIAC) signed a memorandum of understanding (MoU) at BIAC Secretariat in the capital on Wednesday, says a statement. Chief Executive Officer of BIAC Kaiser A Chowdhury and...
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