The family of BNP chairperson Khaleda Zia on Sunday sought further extension of her suspended prison sentence, reports UNB.On behalf of Khaleda Zia's younger brother Shamim Iskander, the BNP chief's adviser Bijon Kanti Sarker and her personal secretary Abdus Sattar...
The Election Commission (EC) has sought the provision of giving fine and sentencing a maximum three-year jail term for obstructing media workers from gathering news during the time of elections, reports BSS.In continuation of this, the EC has proposed to...
Prime Minister Sheikh Hasina is likely to attend the state funeral of Queen Elizabeth II on September 19 for which her stay in London may be extended by one day, said a reliable source on Sunday, reports UNB.On September 19,...
FRANKFURT, Sept 11 (Reuters): Munich Re said reinsurance rates were set to rise across the industry, caused by inflation, higher interest rates and a decline in capital to underpin underwriting activity.In a statement on Sunday, the German group said reinsurance...
MEXICO CITY, Sept 11 (Reuters): Apple and Alphabet's Google are facing a probe over anti-competitive practices in Mexico after the country's former telecommunications chief filed a complaint, he said in a statement on Twitter on Sunday.The complaint was brought to...
JEDDAH, Sept 11 (Arab News): Cadillac, a division of the US automobile manufacturer General Motors Corp., is planning to launch its first electric vehicle in Saudi Arabia during the first half of 2023.The automobile major will launch Cadillac Lyriq in...
OTTAWA, Sept 11 (Reuters): More than a year after the Great Resignation took hold in the United States, Canada is grappling with its own greyer version: The Great Retirement.Canada's labor force grew in August, but it fell the previous two...
RIYADH, Sept 11 (Arab News): Saudi Arabia's Industrial Production Index increased by 17.7 per cent in July compared to the same period a year ago. The growth was primarily driven by high production in the three subsectors - mining and...
NEW DELHI, Sept 11 (NDTV): Harsha Engineers International, manufacturer of precision bearing cages, on Friday said it has fixed a price band of Rs 314-330 per share for its Rs 7.55-billion initial public offering (IPO).The initial share-sale will open for...
MEXICO CITY, Sept 11 (Reuters): Mexico's government and financial institutions will propose a bill this month to change current rules, aiming to attract companies to the country's stock exchange by making it easier to access debt and equities markets, the...
A tentative return of risk appetite to global stock markets and rebound in oil prices at the end of last week helped lift major Gulf equities, though they remained vulnerable to rate hikes and demand outlook worries, reports Reuters.Oil prices,...
Comilla & Noakhali Zones of Islami Bank Bangladesh Limited organised a webinar on 'Compliance of Shari'ah in Banking Operations' on a virtual platform on Saturday. Sayed Abu Asad, director of the bank, addressed the webinar as the chief guest while...
Financial Reporting Council (FRC) Chairman Prof Dr Md Hamid Ullah Bhiyan and executive directors Md Syed Ahmed and Dr Ahmeduzzaman placing a wreath at the graveyard of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Tungipara in Gopalganj on...
The Dhaka Mercantile Co-operative Bank Ltd (DMCB) opened its 139th branch at Saiham Future Complex, 2nd floor, Madhabpur in Habiganj on Saturday. Freedom Fighter SM Muslim, former Upazila Muktijodha Commandar & former Municipality mayor of Madhabpur in Habiganj, attended the...
Md Abdul Mannan, an experienced and prominent banker, joined Bangladesh House Building Finance Corporation (BHBFC) as Managing Director (MD) on Sunday, said a press release. Prior to joining BHBFC, Mannan had been working at Rajshahi Krishi Unnayan Bank (RAKUB) and...
NEW YORK, Sept 11 (Reuters): Rockefeller Capital Management is aiming to double its assets under management to about $200 billion in three to five years as it expands into new US cities and hires more wealth managers, its chief executive...
National Bank Limited opened a sub-branch in Tentulia on Sunday. Independent Director of the bank Md Naimuzzaman Bhuiyan Mukta along with Managing Director and CEO Md Mehmood Husain and other guests inaugurated the sub-branch as the chief guest.
Al-Arafah Islami Bank Limited organised a three-month special training course titled 'Certified AML & CFT Professional'. The closing ceremony of the course was held at the bank's head office on Saturday. Deputy Head of BFIU and Executive Director of Bangladesh...
First Security Islami Bank Ltd. has opened three sub-branches -- Jugirhat Sub-branch at Younus Nagar, Hathazari, Chattogram; Kutubdia Sub-branch, Baroghop, Kutubdia, Cox's Bazar; and Moyendia Bazar Sub-Branch, Boalmari, Faridpur. Syed Waseque Md Ali, Managing Director of the bank, along with...
Prime Bank and Rupali Insurance Company Limited have partnered to provide insurance facilities for Prime Bank car & home loan customers. ANM Mahfuz, DMD & CBO, Consumer Banking Division, Prime Bank, and Kazi Moniruzzaman, Director, Rupali Insurance Company, signed a...
Disbursement of dividend Pragati Life Insurance Limited: The company has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Southeast Bank Ltd: The company has disbursed the cash dividend for the year ended December 31,...
X-onics Ltd, a UK-Bangladesh joint venture company, organised a free workshop for engineers and technicians on digital manufacturing and digital reverse engineering for mold, dice and spare parts in Gazipur on Saturday.X-onics, which started its operations in August 2021 with...
FE REPORT | 2022-09-12 00:00:00
Bangladesh and Indonesia can complement each other for development of respective readymade garment (RMG) and textile sectors by exploring business potential in man-made fibre based garment items. The global demand for such products is increasing day by day, while Indonesia...
FE REPORT | 2022-09-12 00:00:00
The initial public offering (IPO) of Navana Pharmaceuticals will open for subscription tomorrow (Tuesday), aiming to raise Tk 750 million under the book-building method.The IPO subscription period will continue until September 19, officials said.Navana Pharma received the regulatory approval for...
FE REPORT | 2022-09-12 00:00:00
National Bank Ltd (NBL) will issue foreign currency-dominated subordinated bond worth USD 100 million to strengthen its capital base under Basel-III guidelines.The company's board of directors has taken the decision to this end, according to a disclosure posted on the...
FE REPORT | 2022-09-12 00:00:00
Stocks slipped into the red on Sunday, snapping a three-day rally, as Jittery investors rushed to book profits on major sector issues after the recent price surge.The market remained positive in the first three hours of the trading session amid...
RIYADH, Sept 11 (Arab News): Saudi Arabia-based Islamic Development Bank has approved $1.12 billion for financing development projects for various sectors in nine member countries, according to a statement. It has also approved a grant worth $1.79 million for a...
RIYADH, Sept 11 (Arab News): Saudi Real Estate Refinance Co. is raising SR3 billion ($810 million) additional sukuk to boost home mortgages in the Kingdom, according to a top official. In an exclusive with Arab News on the sidelines of...
LONDON, Sept 11 (AFP): Britain's Cineworld, the world's second biggest cinema chain, announced Wednesday that it has filed for bankruptcy protection in the United States as it seeks to restructure after facing low audience numbers.The group, which operates hundreds of...
A steering committee meeting on "Phytosanitary Trade Compliance in Bangladesh", a project supported by APAARI, USDA and USAID, was held in a city hotel this week to set a complete and an independent "National Plant Protection Authority" in the country,...
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