FE Today Logo

Search results for:


Interest rate and recession fears knock world stocks

2022-09-01 00:00:00

LONDON, Aug 31 (Reuters): Record-high inflation in the euro zone compounded recession fears stalking markets on Wednesday as central banks on both sides of the Atlantic prepared to raise borrowing costs for businesses and households again next month.Wall Street was...

News Briefs (2022-09-01)

2022-09-01 00:00:00

Disbursement of dividend Takaful Islami Insurance Ltd: The company has disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders.Board meetingApex Tannery Limited: A meeting of the board of directors will be held on...

836th meeting of EC of Shahjalal Islami Bank held

2022-09-01 00:00:00

The 836th meeting of the Executive Committee (EC) of Shahjalal Islami Bank Limited (SJIBL) was held at Corporate Head Office of the bank recently. The meeting was presided over by Akkas Uddin Mollah, Chairman of the Executive Committee (EC) of...

377th meeting of Al-Arafah Islami Bank held

2022-09-01 00:00:00

The 377th meeting of the board of directors of Al-Arafah Islami Bank Limited was held at Al-Arafah Tower in the city on Wednesday. Chairman of the board of directors Salim Rahman presided over the meeting. Managing Director and CEO Farman...

NCC Bank with cooperation of RRRC and Save the Children organised tree plantation activities at Rohingya Camps

2022-09-01 00:00:00

NCC Bank Ltd. with the cooperation of Refugee Relief & Repatriation Commissioner Office (RRRC) and Save the Children organised tree plantation activities at Rohingya Camps in Cox's Bazar recently to mark the 47th martyrdom anniversary of the Father of the...

Mutual Trust Bank celebrated 'Customer Service Week'

2022-09-01 00:00:00

Mutual Trust Bank Ltd. (MTB) recently celebrated 'Customer Service Week' in southwestern and northern regions of the country from August 21 to 25. Md Ahsan Adelur Rahman, an MP from Nilphamari-4, inaugurated the week in presence of distinguished customers of...

BGMEA, Jeanologia to collaborate on promoting green technologies

2022-09-01 00:00:00

Jeanologia, a globally renowned textile technology manufacturer, will join hands with BGMEA to support Bangladesh's RMG industry in adopting innovative technologies and processes to become more efficient and sustainable, reports UNB.The commitment to collaboration was expressed when the founder and...

Agreement on CMSME Refinance Scheme ---

2022-09-01 00:00:00

Confce on kidney disease and hemodialysis

2022-09-01 00:00:00

A daylong conference titled 'International CME on Kidney Disease and Hemodialysis' was held in Dhaka on Monday, organised by Bangladesh Renal Association and powered by NIPRO-JMI Medical Limited, a Japan-Bangladesh joint venture company, says a press release.Speakers at the conference...

Four-day Textech Bangladesh Int’l Expo begins in city

2022-09-01 00:00:00

The "21st Textech Bangladesh International Expo 2022", organised by "CEMS-Global USA" in association with "CEMS Bangladesh", kicked off in the city on Wednesday, says a press release.This iconic show is back after two years of COVID restrictions along with two...

New categories to honour small-scale farmers

2022-09-01 00:00:00

Standard Chartered and Channel i jointly announced the inauguration of the Standard Chartered - Channel i Agrow Award 2022, says a press release. Launched by Standard Chartered in 2014, this year's Agrow Award marks the eighth iteration of the event...

FBCCI seeks investment in economic zones

FE REPORT | 2022-09-01 00:00:00

The country's apex trade body has called for the local and foreign entrepreneurs to invest in the economic zones.It urged the local businesses to brand Bangladesh as the most favourable investment destination in this region through courting investment in the...

LafargeHolcim leads turnover chart -

FE REPORT | 2022-09-01 00:00:00

Ten most-traded firms accounted for 30 per cent of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with LafargeHolcim Bangladesh dominating the turnover chart.The multinational cement maker topped the prime bourse's turnover list after almost two months as investors...

BSEC approves IPO plan of Asiatic Laboratories

FE REPORT | 2022-09-01 00:00:00

Asiatic Laboratories Ltd. received the securities regulator's approval to raise a capital of Tk 950 million through initial public offering (IPO) under the book-building method. The drug maker will use the fund for various purposes, including business expansion, building construction...

Stocks rally as turnover tops Tk 20b again

FE REPORT | 2022-09-01 00:00:00

Stocks extended their winning streak on Wednesday, with turnover crossing Tk 20 billion mark once again, as smart investors continued to put fresh bets on major sector shares.Turnover, a crucial indicator of the market, stood at Tk 20.05 billion on...

Most base metals gain, but demand concerns linger

2022-09-01 00:00:00

BEIJING, Aug 31 (Reuters): Most base metals in London rose on Wednesday, after data showed China's factory activity contracted less than expected this month, although the overall sentiment was tense as manufacturing outlook protracted in the world's second-largest economy.Three-month copper...

Corn set for gain

2022-09-01 00:00:00

SINGAPORE, Aug 31 (Reuters): Chicago corn edged lower on Wednesday amid a broad decline in world markets, although the grain was poised for its biggest monthly climb in six months as declining U.S. and European crop prospects supported prices.Wheat and...

Gold faces longest monthly losing streak since 2018 on rate hikes

2022-09-01 00:00:00

Gold prices fell on Wednesday and were on track to post their longest streak of monthly losses since 2018 as traders anticipated more interest rate increases by central banks to combat red-hot inflation, reports Reuters.Spot gold fell 0.8% to $1,710.70...

Core Banking Solution (CBS) for four UAE-based branches of Janata Bank

2022-09-01 00:00:00

Bangladesh envoy to the United Arab Emirates (UAE) Mohammad Abu Jafar launching the Core Banking Solution (CBS) for the four UAE-based branches of Janata Bank Ltd at a function at the bank's Abu Dhabi branch on Wednesday. Janata Bank Managing...

Oil prices fall 3pc on recession fears

2022-09-01 00:00:00

LONDON, Aug 31 (Reuters): Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy, bearish oil demand signals from OPEC+ and increased restrictions to curb COVID-19 in China.Brent crude futures for October,...

Ronaldo won't leave Man Utd: Ten Hag

2022-09-01 00:00:00

MANCHESTER, England, Aug 31 (AP): Manchester United manager Erik ten Hag reiterated Wednesday that Cristiano Ronaldo will not be leaving the team in the final days of the transfer window.The uncertainty around Ronaldo's future at United only increased following the...

US Open Nadal survives as Raducanu, Osaka fall

2022-09-01 00:00:00

NEW YORK, Aug 31 (Reuters): Second seed Rafael Nadal faced a surprise test in his first US Open appearance since winning the 2019 title, as he overcame 21-year-old Australian wildcard Rinky Hijikata 4-6 6-2 6-3 6-3 on Tuesday in the...

ICC Women's T20 WC Qualifier to be held in Abu Dhabi from Sept 18

2022-09-01 00:00:00

DUBAI, Aug 31 (IANS): The ICC Women's T20 World Cup Qualifier will be held at Zayed Cricket Stadium and Tolerance Oval in Abu Dhabi from September 18 to 25, the world cricket body announced on Wednesday.During the Qualifier, a total...

Afghanistan ready for big guns: Nabi

2022-09-01 00:00:00

SHARJAH, United Arab Emirates, Aug 31 (AFP): Skipper Mohammad Nabi said Afghanistan is ready for the big guns after they became the first team to qualify for the Super Four stage of the Asia Cup following victories over Bangladesh and...

Tigers face Lions in must-win match today

2022-09-01 00:00:00

Bangladesh are set to meet Sri Lanka in their second Group 'B' match in T20 Asia Cup at the Dubai International Stadium today (Thursday).The match has now turned into a do-or-die situation for both Bangladesh and Sri Lanka after they...

News in Brief (2022-09-01)

2022-09-01 00:00:00

Indigenous man shot dead in BandarbanAn indigenous man was allegedly shot dead by some miscreants at Taracha union in Rowangchhari upazila of Bandarban on Tuesday. The dead is Mangsai Marma, a local ayurvedic practitioner of the upazila. The miscreants shot...

Jhumon Das arrested again in DSA case

2022-09-01 00:00:00

SUNAMGANJ, August 31, (UNB): Police have once again arrested Jhumon Das in a new case filed under the Digital Security Act (DSA) over inciting violence through sharing a Facebook post.Officer-in-charge (OC) of Sunamga-nj's Shalla thana Aminul Islam confirmed the matter,...

Illegal arms factory spotted in Ctg forest, one held

2022-09-01 00:00:00

CHATTOGRAM, Aug 31 (UNB): Members of Rapid Action Battalion (RAB) unearthed an illegal arms factory in a drive through a dense forested hill in Banshkhali upazila of Chattogram district on Tuesday.The elite force also detained one person identified as Zakir...

Sundarbans reopens to tourists today

2022-09-01 00:00:00

BAGERHAT, Aug 31 (UNB): After nearly three months of closure, the Forest Department will reopen the Sundarbans, the world's largest mangrove forest and a Unesco world heritage site, for tourists today (Thursday).The Forest Department had imposed a three-month ban on...

US, S Korea hold largest jt military drills

2022-09-01 00:00:00

SEOUL, Aug 31 (Reuters): Less than 20 miles from the fortified border with North Korea, a combined force of South Korean and US troops held a major live-fire exercise on Wednesday with artillery, tanks and other weapons as the allies...