KUSHTIA, Aug 29 (UNB): At least twenty people sustained injuries in a clash between two factions of the ruling Awami League (AL) in Goswami Durgapur union of Kushtia Sadar upazila on Sunday.Of the injured, ten were admitted to the Kushtia...
Awami League (AL) Advisory Council Member and spokesperson of 14-party alliance Amir Hossain Amu said on Monday the next general election will be held in line with the constitution, reports BSS."The countrymen will give their mandate in favour of Prime...
BNP Secretary General Mirza Fakhrul Islam Alamgir has alleged the government is trying to create anarchy in the country by attacking opposition leaders and activists and their houses in different parts of the country, reports UNB."The Awami League cadres have...
BENGALURU, Aug 29 (Reuters): Indian shares fell on Monday to close at their lowest in a month, weighed down by losses in information technology and banking stocks after US Federal Reserve signalled aggressive rate hikes.Fed Chair Jerome Powell's promise of...
Disbursement of dividend Standard Bank Limited: The company has credited the bonus shares to the respective shareholders' BO accounts and it has also disbursed cash dividend to the respective shareholders for the year ended December 31, 2021.ONE Bank Ltd: The...
TOKYO, Aug 29 (Reuters): Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios for an undisclosed amount as part of a major push by the Japanese conglomerate beyond console gaming.Sony's gaming...
NEW YORK, Aug 29 (Reuters): North American companies snapped up a record number of robots in the first half of this year as they struggled to keep factories and warehouses humming in the face of an extremely tight labor market...
SEOUL, Aug 29 (Reuters): South Korean officials will meet US counterparts this week to express "concerns" about the Inflation Reduction Act, which restricts who can receive US subsidies for the production of electric vehicles and where firms can source battery...
A training programme on "Automated FC Clearing Through RTGS" was held at the National Bank of Pakistan (NBP) controlling office in the city recently. The session was conducted by Md Shahinuzzaman, joint director (G), PSD, and Aminul Islam, deputy director,...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB), Khulna Branch, held an orientation programme for newly admitted students in July-December session. ICMAB President Md Mamunur Rashid was present as the chief guest while Ashok Kumar Debnath, Chairman of...
The 345th meeting of the board of directors of Shahjalal Islami Bank Limited (SJIBL) was held at Corporate Head Office of the bank recently. The meeting was presided over by Mohammed Younus, Chairman of the board of directors. M. Shahidul...
FE REPORT | 2022-08-30 00:00:00
Two more companies -- Eastern Housing Ltd. and Far East Knitting & Dyeing Industries -- saw their share prices rising 'abnormally' without any price sensitive information (PSI).Share price of Eastern Housing jumped 54 per cent or Tk 28 each in...
A high level delegation of Insurance Companies of Bangladesh led by AKM Monirul Hoque, vice president of Bangladesh Insurance Association (BIA), and chairman of Nitol Insurance Company Limited, participated in the 4th Global Takaful and Re-Takaful Forum-2022" in Dubai, United...
RAJSHAHI, Aug 29 (BSS): Rajshahi Krishi Unnayan Bank (RAKUB) has been infusing dynamism into the agro-based economy of the country's northwest region for the last couple of years.The specialised state-owned commercial bank has been providing loans to the grassroots farmers...
Pubali Bank Limited and Dhaka Electric Supply Company (DESCO) Limited recently signed an agreement for DESCO Bill (Prepaid & Postpaid) payment through internet banking/PI banking apps, said a press release. Md Rabiul Alam, DGM & head of ADC Division, Pubali...
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Vice President Shahidullah Azim said the RMG industry of Bangladesh envisions pursuing growth in a sustainable manner that takes care of people and the planet, reports BSS."The RMG industry of Bangladesh has many...
Bangladesh Institute of Bank Management (BIBM) and German development agency GIZ have awarded Exim Bank as top performing bank in the sustainability rating. Dr Mohammed Haider Ali Miah, Managing Director and CEO of Exim Bank, received the award from Florian...
BRAC Bank has become the first bank in the Bangladesh banking industry to introduce toll-free number at call centre, says a statement. The charge-free number will bring convenience to the customers as they do not have to worry about phone...
Mutual Trust Bank Ltd. (MTB) has recently been rated 'Market Leader' in the 'Diversity and Inclusion' category and 'Highly Regarded' in two categories such as CSR and Digital Solution of Market Leaders 2022 by Euromoney, says a statement. MTB has...
FE REPORT | 2022-08-30 00:00:00
Golden Harvest Agro Industries, a publicly traded company, has decided to shut down its e-commerce business a year after its launching, citing unstable economic outlook for the country.The board of directors of the food processing company decided not to run...
FE REPORT | 2022-08-30 00:00:00
The stock market managed to stay afloat on Monday, after witnessing high volatility, as investors opted to lock in profit from the recent price surge.The market opened higher and the key equity index rose about 40 points within the first...
STOCKHOLM/MOSCOW, Aug 29 (Reuters): Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecoms equipment maker completes its obligations to customers.The company, which suspended its business in Russia indefinitely...
NEW DELHI, Aug 29 (Reuters): Reliance Industries Ltd, operator of the world's biggest refining complex, will invest 750 billion rupees ($9.38 billion) over 5 years to expand its oil to chemical business, its chairman Mukesh D Ambani said."We are committed...
MUMBAI, Aug 29 (Reuters): The Indian rupee dropped to an all-time low versus the dollar on Monday on bets the Federal Reserve will keep a restrictive stance for longer, prompting the Reserve Bank of India to step in.The rupee closed...
HONG KONG, Aug 29 (Reuters): Investors have cheered a breakthrough deal that promises US regulators access to Chinese companies' accounting paperwork but say markets will need to see successful inspections and economic recovery before much more money can be expected...
PARIS, Aug 29 (AFP): A carbon storage project owned by three major European oil firms has secured its first commercial deal in what they billed Monday as a "major milestone" in the decarbonisation of heavy industry.Northern Lights-owned by France's TotalEnergies,...
TOKYO, Aug 29, 2022 (BSS/AFP) - Japanese auto giant Honda and South Korean battery maker LG Energy Solution announced a joint venture Monday to invest $4.4 billion in a new US electric car battery plant.The move comes after California last...
Bengal Commercial Bank held its second annual general meeting (AGM) on Sunday at a hotel in the capital. Md Jasim Uddin, chairman of the bank and president of FBCCI, presided over the meeting. Vice chairmen of the bank Mahbubul Alam...
Planning Minister MA Mannan thinks development should take top priority in Bangladesh now followed by governance, which he defines as "justice".Speaking in a BIDS workshop at the Lakeshore Hotel on Sunday, Mannan said the two aspects were not in conflict,...
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