SYFUL ISLAM | 2022-08-23 00:00:00
Global crisis-driven austerity measures taken during last couple of months may save Bangladesh an estimated Tk 350 billion, thus cushioning the exchequer against the sort of severe financial crises facing many countries. The government had resorted to the cost-cutting action...
SIDDIQUE ISLAM | 2022-08-23 00:00:00
A special inspection begins to delve deep into alleged foreign-exchange misdealing by six more commercial banks that added fuel to volatility on the market, officials say.Six teams of Bangladesh Bank (BB) have been fielded to conduct the fresh inspections against...
ZURICH, Aug 22 (Reuters): Credit Suisse has hired Deutsche Bank's Dixit Joshi as chief financial officer and promoted Francesca McDonagh to chief operating officer as the Swiss lender's new boss overhauls the top ranks.Ulrich Koerner, the latest in a string...
SHANGHAI, Aug 22 (Reuters): United Imaging Healthcare Co's shares surged as much as 75 per cent in their Shanghai debut on Monday after the Chinese firm's $1.6 billion initial public offering (IPO), the biggest on China's tech-focused STAR Market so...
LONDON, Aug 22 (Reuters): Broker Marsh, a unit of Marsh & McLennan (MMC.N), said on Monday it was launching the world's first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight...
LONDON, Aug 22 (AFP): World stocks mostly sank Monday and the dollar rallied on concern the Federal Reserve will stick to its interest rate-hiking plans to combat runaway inflation.Eurozone equities also tanked as spiking natural gas prices sparked fears that...
LONDON, Aug 22 (Reuters): Britain's Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in cash to local IT company 4iG and the Hungarian state, consolidating the hold of Prime Minister Viktor Orban's government over the telecoms...
Mercantile Bank organised a workshop titled 'Internal Credit Risk Rating System (ICRRS) for Banks' at its training institute in Dhaka recently. A total of 50 officials participated in the workshop. Hasne Alam, Deputy Managing Director & CBO of the bank,...
Board meetingInternational Leasing and Financial Services Limited: A board meeting of the company will be held on August 25, 2022 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.Spot...
Nasir Uddin Ahmed (Pavel), First Vice President of Bangladesh Insurance Association (BIA) and Vice Chairman of Meghna Life and Karnaphuli Insurance Company Ltd., will participate in the Asia Life Insurance Summit-2022 to be held in Singapore on August 24 and...
Big Dipper Textile Mills Ltd, a Canada-China-owned enterprise, is going to establish a Textile industry in Ishwardi Export Processing Zone (IEPZ) with an investment of $91.15 million, reports BSS. An agreement to this effect was signed between Bangladesh Export Processing...
Eminent banker Md Zainal Abedin joined Bangladesh Krishi Bank (BKB) as General Manager (GM) on August 17, says the bank in a statement.Prior to his joining BKB, he was the GM of Rajshahi Krishi Unnayan Bank. He started his banking...
KHULNA, Aug 22 (BSS): Mongla Port, country's second largest sea port, saw huge activities during the last two months, after the inauguration of the Padma Bridge.Huge machinery, equipment, raw materials of some mega projects including Ruppur Nuclear Power Plant, Rampal...
Sonali Bank Limited signed an agreement with a joint venture between Digicon Technologies Limited and Earth Next Technologies Limited to open a call centre to ensure better and uninterrupted customer service, says a statement. The agreement was signed on Monday...
Bangladesh Bank (BB) has opened talks with the managing directors and the chief financial officers of 10 banks to try to finalise deals to save them from collapsing, reports UNB.The move got underway after the central bank's inspection found severe...
FE REPORT | 2022-08-23 00:00:00
Share price of Union Capital continued to rise abnormally even though there is no undisclosed price sensitive information (PSI) behind such a price hike.The company's share price jumped 77.46 per cent in last 14 days on Dhaka Stock Exchange (DSE).In...
Bank Asia has organised a training workshop on 'Trust Fund Management in Payment and Settlement Services' at Bank Asia Institute for Training and Development (BAITD) at Lalmatia in Dhaka recently, says a statement.More than 200 officers participated in the workshop...
FE REPORT | 2022-08-23 00:00:00
The initial public offering (IPO) of Navana Pharma-ceuticals is set to open for subscription on September 13, aiming to raise Tk 750 million under the book-building method.The IPO can be subscribed through the electronic subscription system of the stock exchanges...
FE REPORT | 2022-08-23 00:00:00
Stocks continued to rally on Monday, with the daily turnover on the prime bourse hitting a fresh seven-month high as investors put fresh bets on stocks amid growing confidence in the market.Turnover, a crucial indicator of the market, stood at...
Bogura Zone of Islami Bank Bangladesh Limited organised a webinar on 'Compliance of Shari'ah in Banking Operations' on Saturday on a virtual platform. Md. Khurshid-Ul-Alam, director of the bank, addressed the webinar as chief guest and Md. Omar Faruk Khan,...
The Standard Chartered Bangladesh was recently named the Market Leader in Bangladesh for CSR under the Euromoney Market Leaders survey, says the bank in a statement. The survey is an independent assessment conducted by Euromoney, a leading global financial publication....
Along with other services, Nagad, the popular mobile financial service, has launched an exclusive 10-taka recharge offer to provide users with more profits on mobile recharge, says a statement. Under the campaign, customers who have not recharged after December 31,...
Pubali Bank Limited has launched Shariah-based Islamic Banking Services online in all of its 491 branches and 93 sub-branches, says a press release. Safiul Alam Khan Chowdhury, Managing Director and CEO of the bank, was present as the Chief Guest...
MOULVIBAZAR, Aug 22 (UNB): The general tea garden workers and union leaders are now divided over continuing their indefinite strike for a hike in their daily wage to Tk 300 from Tk 120, after the leaders signed a deal with...
Qatar is going to take more workers from Bangladesh in the field of nursing, hospitality, construction, service and IT sectors, reports UNB.Qatari Labour Minister Dr Ali bin Saeed bin Al Samikh Al Marri said this during his meetings with Expatriates'...
The government has worked out a plan to send 0.81 million Bangladeshi workers abroad and provide skills development training to 0.52 million ones in the current fiscal year(2022-23), reports UNB.Besides, to train up more workers for meeting the demands overseas...
HARARE, Aug 22 (Agencies): Sikandar Raza's valiant knock of 115 failed to take Zimbabwe home as India edged past them by 13 runs in the third and final ODI at the Harare Sports Club on Monday to clean sweep the...
PARIS, Aug 22 (Reuters): Kylian Mbappe scored the fastest Ligue 1 goal for 30 years to set champions Paris St Germain on their way to a runaway 7-1 victory at Lille on Sunday as they kept up their 100 per...
Bangladesh T20 captain Shakib Al Hasan has asked the Bangladesh cricket community not to expect big things at the Asia Cup, starting August 27 in the UAE, reports UNB.Playing down his team's chances at the tournament, the all-rounder said Bangladesh...
Bangladesh stripped head coach Russell Domingo of his role overseeing the Twenty20 side and told him to focus on Test and one-day international (ODI) cricket, just days before the Asia Cup, reports AFP.Bangladesh Cricket Board (BCB) president Nazmul Hassan said...
© 2026 - All Rights with The Financial Express
