Bangladesh Industrial Finance Company (BIFC), a listed company, has again reported loss for the year 2020, the sixth straight year in a row. The non-bank financial institution posted a loss of Tk 8.10 per share for the year ended on...
Sonali Bank Limited signed an agreement with ICB Capital Management Limited, a subsidiary organisation of Investment Corporation of Bangladesh, to pay the customer and investors fees and charges through the Sonali Payment Gateway, said a statement. Sonali Bank Limited General...
Mercantile Bank Limited organised a virtual training on 'Prevention of Money Laundering and Combating Financing against Terrorism' recently. A total of 100 officials attended the programme. Shamim Ahmed, DMD and CAMLCO of the bank, inaugurated the virtual training. Md Moshaddeque...
Prime Bank's AML & CFT Division and Branches Distribution Network, Chattogram Region-1, jointly organised a daylong training programme on 'AML & CFT Compliance' at a conference hall in Chattogram recently. Md Nurul Amin, Executive Director of Bangladesh Bank, Chattogram Office,...
Islami Bank Bangladesh Limited launched three deposit products and two investment products on Tuesday, says a statement. The deposit products are Mudaraba Education Savings Scheme, Mudaraba Expatriate Housing Deposit Scheme and Mudaraba Senior Citizen Monthly Profit Deposit Scheme. And the...
FE REPORT | 2022-09-15 00:00:00
The initial public offering (IPO) of Global Islami Bank will open for subscription on October 16, aiming to raise Tk 4.25 billion from the capital market under fixed-price method.The IPO subscription will close on October 20, according to its abridged...
FE REPORT | 2022-09-15 00:00:00
The stock market ended sharply lower on Wednesday, with the benchmark index dipping below 6,500 mark, as jittery investors sold off major sector stocks amid the fall in value of local currency against dollar.The market managed to stay afloat until...
SEOUL, (South Korea, Sept 14 (AP): South Korea's privacy watchdog has fined Google and Meta a combined 100 billion won ($72 million) for tracking consumers' online behavior without their consent and using their data for targeted advertisements.South Korea's Personal Information...
Bangladesh Bank's Agriculture Loan Division Director Md. Abul Kalam Azad and Ansar-VDP Unnayan Bank Managing Director Md. Mosaddek-Ul-Alam signed an agreement on release of Tk 10.0 billion in the Agriculture and Rural Loan segment at the central bank in the...
EDISON REAL ESTATE is strengthened with the recent joining of Masud Alam and Engr. Md. Amenur Rashid, two highly skilled and experienced real estate professionals, says a press release. They are currently leading Supply Chain & Project Management and Construction...
OUR CORRESPONDENT | 2022-09-15 00:00:00
CHATTOGRAM, Sept 14: The Chittagong Chamber of Commerce and Industry (CCCI) called upon the state minister for civil aviation and tourism to introduce Chattogram-Kolkata and Chattogram-Bangkok routes of Biman Bangladesh Airlines. CCCI President Mahbubul Alam sent a letter to state...
A seminar was held recently on Role of the Establishing Digital Connectivity (EDC) Project in advancement of building a 'Smart Bangladesh', says a press release. Chief Guest of the seminar was Senior Secretary of ICT Division NM ZeaulAlam. Secial Assistant...
TOKYO, Sept 14 (AFP): Japan's central bank on Wednesday conducted an operation often seen as a precursor to currency intervention, local media said, as the yen continues to crater against a strengthening dollar.The financial daily Nikkei and other local media...
Shippers' Council of Bangladesh (SCB) , UN Global Compact Network (GCNB) and Maritime Anti-Corruption Network (MACN) jointly organised a conference on "Mitigating Corruption for Economic Growth in the Maritime Sector" at the SCB own office in the city on Tuesday....
OUR CORRESPONDENT | 2022-09-15 00:00:00
CHATTOGRAM, Sept 14: A court here has issued an arrest warrant against two owners of Nurjahan Group in a loan default case of Tk 2.68 billion. Judge Mujahidur Rahman of Chattogram Financial Debt Court issued the warrants on Tuesday in...
SYLHET: Geocycle and Sylhet City Corporation (SCC) signed a Memoran-dum of Understanding (MoU) on Wednesday for sustainable municipal waste management in the Sylhet municipality area, says a press release.Under this MoU, Geocycle will dispose of the solid waste of the...
A private firm, Genex Infosys Limited, will provide and install 300,000 VAT collecting machines in Dhaka city, adjoining areas and Chottagram city in the next three years, reports UNB.Cabinet Committee on Government Purchase (CCGP) at a meeting on Wednesday approved...
A free thalassemia carrier screening and awareness camp was held in association with First Security Islami Bank Ltd. and the Institute for Developing Science and Health Initiatives (ideSHi) at Matlab North Upazila Health Complex in Chandpur recently. Dr Firdausi Qadri,...
ONE Bank Limited recently signed an agreement with Momo Inn Limited and BCL Aviation Limited for customer privilege. Jewel Khan, Additional Managing Director of Momo Inn Limited and BCL Aviation Limited, and Md. Kamruzzaman, Head of Retail Banking of ONE...
The Palli Sanchay Bank has launched an exceptional loan program titled "Safe Food Sound Life".Under the programme the bank will provide loans at minimum service charges to produce safe food. The bank will sign a memorandum of understanding (MOU) with...
Midland Bank Limited (MDB) signed a memorandum of understanding (MoU) with Japan Bangladesh Friendship Hospital (JBFH), one of the joint venture specialised hospitals in Bangladesh, says a press release. Md Rashed Akter, Head of Retail Distribution of MDB, and Sarder...
Standard Chartered Bangladesh recently coordinated efforts with TMSS Medical College and Rafatullah Community Hospital (TMC & RCH) to make sure that patients have access to life-saving medical oxygen at all times. The onset and height of the Covid-19 pandemic highlighted...
Tk 10 and Tk 20 denomination notes signed by Bangladesh Bank Governor Abdur Rouf Talukder will be issued from the central bank's Motijheel office in the city beginning from today (Thursday). Later the notes will be issued from BB's other...
Bangladesh has asked for additional supplies of liquefied natural gas, or LNG, from Qatar to meet the increasing demands for industrial growth, reports bdnews24.com.The request was made by State Minister for Foreign Affairs Md Shahriar Alam, who led the Bangladesh...
FE REPORT | 2022-09-15 00:00:00
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government on Wednesday to set up testing labs at the country's sea-ports and land-ports for fast release of imported goods and maintaining uninterrupted production. It also demanded to...
Moazzem Hossain Khan | 2022-09-15 00:00:00
The ongoing economic and political instability that started during the Covid-19 pandemic, followed by the Russia-Ukraine war has caused a global economic slowdown. This has hugely affected Bangladesh, putting our economic stability under huge pressure. Moreover, multifarious issues have risen...
FE YOUTH DESK | 2022-09-15 00:00:00
RoboSUST, the only research-based robotics club of Shahjalal University of Science and Technology (SUST), has launched its month-long flagship event 'The Mythical RoboSUST Month'. RoboSUST aspires to teach the youth of Sylhet and Bangladesh robotics education, make robotics skills accessible...
BANGKOK, Sept 14 (Arab News): A Thai soldier killed two people and wounded one other in a shooting at a military facility in Bangkok on Wednesday, police and army officials said.Sergeant Major Yongyuth Mungkornkim, a clerk at the Royal Thai...
WASHINGTON, Sept 13 (Reuters): The United States (US) is considering options for a sanctions package against China to deter it from invading Taiwan, with the European Union coming under diplomatic pressure from Taipei to do the same, according to sources...
YEREVAN, Sept 14 (AFP): Armenia and Azerbaijan on Wednesday accused each other of violating a truce, after the worst clashes since a 2020 war put in doubt a halting peace process between the arch foes.Russia announced on Tuesday that it...
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