FE REPORT | 2022-07-20 00:00:00
The visiting European Union parliamentary delegation on Tuesday made it clear that Bangladesh must implement the Labour Roadmap and amend the EPZ labour rules to get the GSP plus facilities from EU. They also tagged improving human rights and elimination...
FE REPORT | 2022-07-20 00:00:00
A fresh loan-rescheduling and- restructuring policy the central bank has just issued would help raise recovery of huge unpaid loans and facilitate overall economic activities amid the exigencies of pandemic and war. A spokesperson for the Bangladesh Bank came up...
FHM Humayan Kabir | 2022-07-20 00:00:00
Bangladeshis also feel bitter bite of inflation as its point-to-point rate climbed to 7.56 per cent last month, a nine-year high, amid erratic price rises.Meanwhile, the average inflation rate in the last fiscal year (FY), 2021-22, was recorded at 6.15...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh, Chattogram and Sylhet divisions in the next 24-hour from 06:00 am today (Wednesday), according to the Met Office.It may also...
Munima Sultana | 2022-07-20 00:00:00
Bangladesh Railway (BR) has started carrying out a fresh feasibility study on the development of a dual-gauge double line rail track on the Joydebpur-Ishwardi section for the third time.The state-owned rail operator has taken the initiative as Japan has shown...
A Bangladeshi national has died during his Hajj pilgrimage to Saudi Arabia, according to the Ministry of Religious Affairs, reports bdnews24-com.This year, 23 Bangladeshis have died during the religious journey--16 men and seven women.The latest victim was 62-year-old Md Kamal...
FE REPORT | 2022-07-20 00:00:00
With the record-highest single-month spending, government agencies implemented 92.79 per cent of the Annual Development Programme (ADP) in fiscal year (FY) 2021-22, officials said on Tuesday.In the single month of June, the agencies spent 27.23 per cent of the Tk...
Naval Chief Admiral M Shaheen Iqbal handing over a cheque to Prime Minister Sheikh Hasina for the flood-affected people in Sylhet and other parts of the country at the PM's official residence Ganobhaban in the city on Tuesday. The fund...
FE REPORT | 2022-07-20 00:00:00
Accidents claimed 440 lives on highways, waterways, and railways during the vacation season ahead of Eid-ul-Azha, said Jatri Kallyan Samity (JKS), a platform for road safety, on Tuesday.Road accidents alone account for 398 deaths in 319 incidents, marking the highest...
Jatiya Party Chairman GM Quader on Tuesday feared that the losers in the next national elections may get wiped out because of the prevailing political reality in the country, reports UNB. "The political leaders of the country are responsible for...
Chief coordinator of Bangabandhu Sheikh Mujibur Rahman Birth Centenary Celebration National Implementation Committee Kamal Abdul Naser Chowdhury on Tuesday handed over its report to Prime Minister Sheikh Hasina, reports UNB.He handed over the 234-page report to the PM at her...
Awami League General Secretary Obaidul Quader on Tuesday said talking about electricity does not suit the mouths of BNP leaders, reports BSS."How do the BNP leaders talk about electricity? Do they have any shame?" he questioned while speaking at a...
Terming the countrywide load-shedding an early sign of grave economic crisis, BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday said the government will now find it very difficult to overcome the crisis and prevent its fall, reports UNB."The economists...
PARIS, July 19 (AFP): Europe's efforts to diversify suppliers will not be enough to get it through winter without Russian gas, the head of the International Energy Agency warned Monday, urging immediate efforts to cut demand.The comments by the IEA's...
Investors resumed deposits into US sustainable funds last month, marking a return to the norm after net withdrawals in May broke a three-year streak of monthly inflows, researcher Morningstar said on Monday, reports Reuters.Sustainable mutual funds and ETFs, including those...
MUMBAI, July 19 (Reuters): Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15 per cent or even 25 per cent lower than last year's $5.1...
LONDON, July 19 (Reuters): Expectations of global growth and corporate profits have plunged to a record low, according to a monthly BofA fund manager survey with cash levels rising to their highest in more than two decades as investors cut...
HONG KONG, July 19 (AFP): Most stocks fell Tuesday after a Wall Street sell-off fuelled by fresh recession worries following a report that Apple planned to ease back on spending due to uncertainty over the economic outlook.The drop across most...
The 312th meeting of the Board of Directors of Islamic Finance and Investment Limited (IFIL) was held on Tuesday at its Head Office at Tejgaon, with Hossain Mahmud, Chairman of the Board of Directors of IFIL, in the chair. Vice...
Additional Secretary Amal Krishna Mandal, Financial Institutions Division (FID), Ministry of Finance, visited the head office of the Investment Corporation of Bangladesh (ICB) along with Dr. Nahid Hossain, Joint Secretary, and Md Golam Mostofa, Deputy Secretary of FID. Md Abul...
Chairman of Karmasangsthan Bank and former senior secretary to the government Md Nurul Amin paid tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at the mausoleum of Bangabandhu at Tungipara in Gopalganj on Sunday...
Disbursement of dividend Phoenix Insurance Company Ltd: The company disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders' bank account through BEFTN on July 17, 2022. The company has also informed that whose...
Mercantile Bank Training Institute began a two-week foundation training for its Trainee Assistant Officers (TAO) on Monday. A total of 45 officers participated in the training. Md Quamrul Islam Chowdhury, MD & CEO of the bank, inaugurated the training. The...
Prime Bank has partnered with Green Delta Insurance Company Limited (GDIC), one of the leading insurance providers in the country, to provide insurance facilities for Prime Bank Car & Home Loan customers, says a press release.With this partnership, Prime Bank's...
Experts at a workshop called upon the government, development partners and private sector for enabling an environment for inclusive insurance and risk financing for the country's sustainable development, leaving no one behind. The event titled 'Inception workshop on Country Diagnostic...
FE REPORT | 2022-07-20 00:00:00
The ten most-traded stocks grabbed one-fourth of transactions of the Dhaka Stock Exchange (DSE) on Tuesday, with British American Tobacco Bangladesh (BATBC) leading the turnover chart.The total turnover, however, dropped to Tk 3.19 billion on the DSE, hitting a 16-month...
FE Report | 2022-07-20 00:00:00
A total of 82,668 active BO (beneficiary owner) accounts were shut down in nearly one and a half months due to multiple reasons, including non-payment of account maintenance fee.The number of active BO accounts came down to around 1.99 million...
FE REPORT | 2022-07-20 00:00:00
Stocks suffered another big fall on Tuesday as edgy investors continued to sell off their positions in a bid to exit the market, fearing that economic uncertainty would deepen in coming months. The benchmark DSEX index of Dhaka Stock Exchange...
Greece has protested to Serbia and Ukraine for not being timely informed about the munitions cargo on board a Ukrainian aircraft which crashed near the northern city of Kavala on Saturday night, Greek diplomatic sources said on Monday, reports Reuters.The...
LONDON, July 19, (AFP): Britain's unemployment rate remains close to a 50-year low, but decades-high inflation is causing the value of wages to fall at a record pace, official data showed on Tuesday.Unemployment stood at 3.8 percent in the three...
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