Markets in Asia-Pacific were mixed on Thursday following Wall Street's solid rebound rally overnight in the best day since August 10 for all three averages, reports CNBC. Investors were also closely watching Federal Reserve Chair Jerome Powell's speech on the...
BERLIN/FRANKFURT, Sept 8 (Reuters): The planned listing of Porsche AG has generated huge investor interest, Volkswagen and Porsche Chief Executive Oliver Blume said on Thursday, playing down concerns over how he will manage both companies following the IPO.Attracting interest from...
Shahjalal Islami Bank Limited organised a month-long training course on 'Entrepreneurship Development' under the Skills for Employment Investment Programme (SEIP) tranche-3 Project under the supervision of SME & Special Programme Department of Bangladesh Bank. The SME & Agri. Investment Department...
UCB organised a series of outreach leadership intervention titled 'BOLD: Drive the Thrive' exclusively designed for all the Head of Branches of the bank. The last session was inaugurated by Arif Quadri, Managing Director & CEO of UCB, where he...
SINGAPORE, Sept 08 (Reuters): Apple Inc on Wednesday kept prices for its latest iPhone stable in the United States, but raised prices in some Asian countries where currencies have dropped against the dollar in the past year.Buyers of the basic...
TOKYO, Sept 08 (Reuters): Japanese automakers Toyota Motor Corp, Honda Motor Co and Nissan Motor CO ranked at the bottom of a new Greenpeace study on 10 automakers' decarbonisation efforts, the environmental group said on Thursday.Greenpeace ranked Toyota last out...
BEIJING, Sept 08 (AFP): Sales of passenger cars in China rose 28.9 per cent on-year in August-the most in a decade-driven by a surge in demand for electric vehicles, a trade body said Thursday.A total of 1.87 million vehicles were...
Prime Minister Sheikh Hasina left for Delhi on Monday on a four-day state visit at the invitation of Indian Prime Minister Narendra Modi, said a press release. 170 public and private sector individuals including chairman of the Minister Group and...
Meena Bazar opened its 17th outlet at Shanir Akhra in the city on Thursday, said a press release. CEO of Meena Bazar Shaheen Khan inaugurated the outlet.Social Worker of Shaheed Nagar MA Jalil High School Engineer Abdul Mannan Bhuiyan was...
Mediacom Limited has recently signed an agreement with the European Multinational Company Arla Foods Bangladesh Limited, said a press release.Peter Hallberg, managing director of Arla Foods Bangladesh Limited, and Ajoy Kumar Kundu, chief executive officer (CEO) of Mediacom Limited, signed...
FE REPORT The government has endorsed a roadmap to phase out single-use plastic in coastal areas to protect the environment from the deadly pollution and ensure a clean coastal environment. The environment ministry has issued a gazette notification to this...
FE REPORT | 2022-09-09 00:00:00
Orion Infusion and Orion Pharma are witnessing unprecedented price hikes and increased volume of share transactions in recent times despite having no undisclosed price sensitive information (PSI).Orion Pharma's shares jumped 49 per cent or Tk 41 each in a month...
FE REPORT | 2022-09-09 00:00:00
Stocks extended the gaining streak for the third straight session Thursday amid high volatility as some of the investors booked profit from the recent price surge.The market swung between gains and losses before closing marginally higher although prices of most...
COLOMBO, Sept 08 (AFP): Sri Lanka added 37 new senior posts to its government on Thursday, sparking a social media backlash over "useless" public spending in the middle of its worst economic crisis on record.The country of 22 million has...
FRANKFURT, Sept 08 (Reuters): The European Central Bank will raise interest rates again on Thursday to fight runaway inflation and, with a big move and a record one under consideration, the only question is by how much.Concerned that sky-high inflation...
Bangladesh has agreed to designate Indian Oil Corpo-ration Limited as a Government to Government or G2G supplier of refined petroleum products, according to Indian Foreign Secretary Vinay Kwatra, reports UNB."So that is very much there on the cards. The discussions...
Experts at an event recently said micro, small and medium enterprises (MSMEs) needed unified business development support services to become more mainstream and competitive, says a press release.It can play a greater role in the development of the ecosystem in...
Managing Director of Eastern Refinery Limited Md Lokman inaugurated the organisation's 'Tree Plantation 2022' event on Wednesday. Officials of the organisation along with leaders of Eastern Refinery Officers Association, Eastern Refinery Employees Union (CBA) and Eastern Refinery Employees Co-operative Society...
The Asian Development Bank (ADB) launched on Wednesday the Asia Clean Blue Skies Program (ACBSP) to scale up ADB's investments in improving air quality in Asia and the Pacific, reports BSS.Launched at the joint forum of the Fourth Asia Pacific...
FE REPORT | 2022-09-09 00:00:00
The Appellate Division of the Supreme Court has stayed the High Court (HC) order that asked authorities concerned to dispose of the application filed by 26 employees, who were reportedly forced to resign from the Federation of Bangladesh Chambers of...
Md Mazibur Rahman joined the state-run Probashi Kallyan Bank as its managing director on Tuesday. Prior to his new assignment, he served Sonali Bank Limited in the capacity of deputy managing director.He also worked as general manager at Rupali Bank...
Minister for Environment, Forest and Climate Change Md Shahab Uddin inaugurated a seven-day long fair styled 'Natural Rubber & Rubber Based First Industrial Products Fair' on Wednesday in Chattogram. Bangladesh Forest Industries Development Corporation (BFIDC) has arranged the fair, according...
FE REPORT | 2022-09-09 00:00:00
Bangladesh Economic Zones Authority (BEZA) on Thursday signed a memorandum of understanding (MoU) with the Bangladesh Fire Service and Civil Defence (BFSCD) to reduce the risk of fire accidents in the economic zones.The agreement also aims to deal with any...
State Minister for Civil Aviation and Tourism Md Mahbub Ali said on Wednesday the operation of Biman Bangladesh Airlines flights on the Dhaka-Rome-Dhaka route would begin very soon to ensure smooth travel for the Bangladeshi expatriates in Italy, reports BSS."The...
NEW DELHI, Sept 08 (The Economic Times): Gold prices remained subdued on Thursday as the dollar hovered near its recent peak on aggressive US Fed rate hike bets.Fed officials said on Wednesday that they are still not convinced that the...
MOSCOW, Sept 08 (The Financial Review): Wheat futures climbed as much as 6.9 per cent after Russian President Vladimir Putin criticised a recent grain deal with Ukraine, heightening attention on the sales outlook from the Black Sea region.The grain shipment...
LONDON, Sept 08 (Reuters): Oil prices fell on Thursday, extending sharp losses from the previous session, as China's extension of lockdown measures to curb the Covid-19 spread exacerbated concerns that a slowdown in economic activity globally would hit fuel demand.Brent...
LONDON, Sept 08 (AFP): Heavy rain meant no play was possible before lunch after England captain Ben Stokes opted to bowl first in the third and deciding Test against South Africa at The Oval on Thursday.Overnight downpours delayed the toss...
NEW YORK, Sept 08 (Reuters): Carlos Alcaraz saved a match point in the fourth set before digging deep in the decider to beat Jannik Sinner in a five-set thriller and reach the U.S. Open semi-finals in the early hours of...
DUBAI, Sept 08 (Agencies): Pakistan is fresh off a thrilling win against Afghanistan in Sharjah, while Sri Lanka is riding the crest of a confidence wave after beating India.In a dress rehearsal of the 2022 Asia Cup final, Pakistan and...
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