European shares firmed on Thursday on a boost from oil stocks ahead of minutes from the last policy meeting of the bloc's central bank, although gains were capped on mounting concerns of a recession induced by an energy crisis, reports...
SEOUL, Aug 25 (AFP): Asian markets rose Thursday after China unveiled fresh measures to boost its economy, while investors awaited a speech by the Fed chair that may hold clues about future rate hikes.Central bankers are meeting in Jackson Hole...
TOKYO, Aug 25 (Reuters): Honda Motor Co said on Thursday it would slash production plans by up to 40 per cent in Japan early in September due to persistent supply chain and logistical issues.The news comes even Japanese automakers have...
NEW DELHI, Aug 25 (Reuters): India's e-commerce companies are adding delivery personnel at a rapid pace, fearing a labour shortage might cause them to lose out in one of the biggest annual shopping seasons that begins in earnest next month.The...
Guardian Life Insurance Limited signed an agreement recently with Praava Health, a healthcare brand in Bangladesh which integrates digital health and in-clinic experience for its customers. Yeasin Arafat, head of Digital Channel & ADC of Guardian Life Insurance Limited, and...
Chairman of Exim Bank Md Nazrul Islam Mazumder inaugurated a tree plantation programme at the bank's newly-constructed head office premises recently as part of its various programmes marking the National Mourning Day. Managing Director and CEO of the bank Dr...
Prime Bank has recently signed an agreement with Robi Axiata Limited on a virtual event to offer its advanced digital services to the end beneficiaries of Robi. ANM Mahfuz, Deputy Managing Director & Chief Business Officer of Prime Bank, Shihab...
The 'Nikunja Branch' of Mercantile Bank Limited has extended its working space to ensure convenient customer services. Chairman of the bank Morshed Alam, MP, inaugurated the newly designed and expanded branch virtually while Md Quamrul Islam Chowdhury, MD & CEO...
Founder Chairman of Premier Bank Limited Dr HBM Iqbal receiving Mahatma Gandhi Peace Award 2022, a lifetime achievement award in recognition of his contribution to the banking sector, at India-Bangladesh Maitri Utshab-2022 in Kolkata recently. South Asia Social Cultural Forum...
Mutual Trust Bank Limited (MTB) has been named the winner of the prestigious 'Best Customer Service Bank (BCSB) -- Bangladesh in 2022' award by the UK-based premium business and finance magazine International Finance, says a statement. The bank received the...
Meghna Life Ins Board Meeting on Sept 4 The Board Meeting of Meghna Life Insurance Company Ltd. will be held on September 4 at 4:00pm to discuss and consider the audited accounts for the year ended on December 31, 2021...
Lalamove, one of the on-demand delivery platforms, has launched its operations in Bangladesh, reports UNB."Approaching our ninth anniversary in October, we are pleased to have arrived in Bangladesh," said Paul Loo, Chief Operating Officer (COO) at Lalamove on Thursday. The...
Online marketplace Daraz Bangladesh is celebrating its 8th anniversary with a special anniversary campaign, reports UNB.The campaign with the slogan "8 years of Unbound Joy Thank You, Bangladesh!" was inaugurated through a press conference at a city hotel on Thursday....
Russian Ambassador to Bangladesh Alexander Mantytskiy has said exploration of two more wells is expected to begin this year, noting that recently the Gazprom International Investments B.V. launched drilling of a new well in the gas fields of Bhola Island,...
FE REPORT | 2022-08-26 00:00:00
Bangladesh Securities and Exchange Commission (BSEC) has rejected the First Security Islami Bank's application for rights offer.The BSEC is not in a position to consider the application for approval of issuance of rights shares by First Security Islami Bank Ltd....
FE REPORT | 2022-08-26 00:00:00
The Board of Directors of Dhaka Stock Exchange (DSE) has accepted the resignation letter of its Managing Director (MD) Tarique Amin Bhuiyan.The board members accepted the resignation at a meeting held at the DSE office in the capital on Thursday."The...
FE REPORT | 2022-08-26 00:00:00
The stock market rebounded strongly on Thursday after a single-day break, with turnover crossing Tk 17 billion mark, as buoyant investors put fresh funds on major sector stocks amid high optimism.The benchmark equity index opened higher and the uptrend continued...
LONDON, Aug 25 (AFP): Energy giant EDF on Thursday urged the UK government to double its energy support package for Britons to help offset an expected steep hike in household bills.Regulator Ofgem is due to announce its latest energy price...
BANGKOK, Aug 25 (Reuters): Thai drugmaker Siam Bioscience, owned by the country's king, reported a near 50-fold increase in annual profit in 2021, when it began producing AstraZeneca Plc's Covid-19 vaccine, government data shows.The company is part of King Maha...
NEW YORK, Aug 25 (Reuters): Amazon.com Inc plans to shut down its virtual healthcare service by the end of this year, the retailer said on Wednesday, as a deal to buy a rival provider awaits regulatory approval.Company executive Neil Lindsay...
Janata Bank Limited Managing Director and CEO Md Abdus Salam Azad presides over a special meeting on deposit mobilisation and default loan collection at the bank's head office in the city on Thursday
Dhaka Power Distribution Company Limited (DPDC) signed two contracts on Wednesday to ensure uninterrupted power supply to its clients in Dhaka city. Six power substations and new power distribution lines will be installed under these agreements.The contracts were signed by...
The small entrepreneurs in the cluster-based manufacturing industries will get 5-year term loans with flexible conditions from the Tk250.00 billion special refinance scheme of Bangladesh Bank, reports UNB.The central bank signed a loan deal with 46 banks on Wednesday to...
FE REPORT | 2022-08-26 00:00:00
The Colombo Process (CP) member states emphasised the need for collaboration for promotion of fair and ethical recruitment to help ensure decent work and safe migration across South and Southeast Asia.During the 9th meeting of CP's Thematic Area Working Group...
FE REPORT | 2022-08-26 00:00:00
Bangladesh is unlikely to face any problem in importing food items from Russia and Ukraine or any other countries as the government is considering alternative payment arrangements, bypassing SWIFT."The government has no restrictions … there is no problem in importing...
OSLO, Aug 25 (Reuters): Norwegian Air reported a second-quarter net profit on Thursday amid a surge in demand for air travel in Europe after pandemic restrictions were lifted, and was helped by reversal of an impairment charge related to its...
NEW DELHI, Aug 25 (Hindustan Times): Gold prices on Thursday rose by Rs 402 to Rs 52,297 per 10 grams amid strong global cues, according to HDFC Securities.The yellow metal had closed at Rs 51,895 per 10 grams in the...
LONDON, Aug 25 (AFP): European natural gas prices climbed Thursday towards a record peak on heightened fears over Russian supplies, while global equities rose on the eve of a key speech from Federal Reserve chair Jerome Powell.Europe's benchmark Dutch TTF...
LONDON, Aug 25 (Reuters): Oil prices steadied on Thursday as producer group OPEC+ raised the prospects of curbing oil supplies while the prospect of an agreement that could return sanctioned Iranian oil exports to the market weighed.Brent crude eased 2...
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