BNP on Wednesday turned down the Election Commission's (EC's) decision to use Electronic Voting Machines (EVMs) in up to 150 seats in the next general election, saying the move was taken as per the government's desire to help it retain...
Awami League General Secretary Obaidul Quader on Wednesday welcomed the Election Commission's decision to use Electronic Voting Machines (EVMs) in up to 150 of the 300 parliamentary seats in the next general election, reports UNB.Quader was speaking at an event...
WASHINGTON, Aug 24 (AP): Millions of Americans were waiting to learn the fate of their federal student debt on Wednesday as President Joe Biden prepared to deliver on his campaign promise to provide up to $10,000 in debt cancellation.Details of...
COLOMBO, Aug 24 (AFP): Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an economic crisis that has created months of shortages and toppled a president refuses to abate.President Ranil Wickremesinghe, who replaced...
Global Islami Bank formally opened its four sub-branches at DC Road of Chattogram, Savar Bazar of Dhaka, Banti Bazar of Narayanganj and Chartola Mor of Rangpur on Wednesday. Md Golam Sarwar, Additional Managing Director of the bank, virtually inaugurated the...
MOSCOW, Aug 24 (Reuters): Russia's largest gold producer Polyus issued bonds denominated in the Chinese yuan worth 4.6 billion yuan ($670 million), it said on Wednesday, becoming the second Russian company to borrow in yuan within a month.Demand for the...
BENGALURU, Aug 24 (Reuters): Shares in India's NDTV Ltd jumped the maximum permitted 5 per cent to a 14-year high on Wednesday, after billionaire Gautam Adani's conglomerate moved to take a near 30 per cent stake in the media group...
SHANGHAI, Aug 24 (Reuters): China has raised the bar for issuances in the world's second-biggest green bond market, taking a major step towards adopting global standards and eliminating 'greenwashing'.Starting this month, the Shanghai Stock Exchange, China's premier bourse, requires 100...
LONDON, Aug 24 (AFP): Asian and European equities fell Wednesday as investors awaited news on the next US interest rate hikes.With the Jackson Hole meeting of central bankers this week, focus is on what US Federal Reserve chief Jerome Powell...
United Finance Limited signed a participation agreement with Bangladesh Bank under a new refinance facility to support CMSME borrowers. Kaiser Tamiz Amin, Managing Director of United Finance, and Jaker Hossain, Director, SMESPD, Bangladesh Bank, signed the agreement and exchanged documents...
LankaBangla Finance has recently signed an agreement with Bangladesh Bank under 'Refinance Scheme against Term Loan to the CMSME Sector'. Md. Jaker Hossain, Director of SME and Special Program Department, Bangladesh Bank, and Khwaja Shahriar, Managing Director and CEO of...
Disbursement of dividend Asia Insurance Limited: The company has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Central Insurance Co. Ltd: The company has disbursed the cash dividend for the year ended December 31,...
BRAC Bank signed an agreement with Bangladesh Bank on Wednesday to provide loan under refinancing facilities for the cottage, micro, small and medium enterprises (CMSMEs). Governor of Bangladesh Bank Abdur Rouf Talukder attended the signing ceremony at Bangladesh Bank as...
Mutual Trust Bank Limited (MTB) has signed an agreement with Bangladesh Bank to disburse loans at 7.0 per cent interest rate under the 'Refinance Scheme against Term Loans to Cottage, Micro, Small and Medium Enterprises (CMSME) Sectors'. Governor of Bangladesh...
Berger Paints Bangladesh Limited (BPBL) has been presented with Asia's Best Employer Brand 2022 by World HRD Congress at Singapore's Pan Pacific, Marina Square with global industry leaders and organisations. On behalf of Berger, Afrina Nazneen, Officer Culture & Employer...
OUR CORRESPONDENT | 2022-08-25 00:00:00
CHATTOGRAM, Aug 24: The deep seaport being constructed by the Chittagong Port Authority (CPA) in Matarbari of Cox's Bazar has handled 100 ships so far. MV Hosei Fortune, a Panama flag carrier ship, berthed at the jetty on Wednesday -...
As part of Corporate Social Responsibility (CSR) Summit, the largest infrastructure conglomerate of Bangladesh, has committed joint development of the 'Friendship-Summit Solar Village Project' ("Solar Village") with Friendship, an international social purpose organisation with a focus on climate change adaptation,...
Major General AKM Nazmul Hasan, Director General of Bangladesh Ansar and VDP, joined Ansar-VDP Unnayan Bank as its chairman on Tuesday. Maj Gen Nazmul was commissioned in the Infantry Corps of Bangladesh Army on June 24 in 1988 through the...
Bank Asia signed an agreement with WE (Women & e-Commerce) to ensure necessary support for women entrepreneurs of Cottage, Micro, Small & Medium Enterprises (CMSMEs) under ?Neelima?, Bank Asia's special service platform for women entrepreneurs, says a statement. Adil Chowdhury,...
Syful Islam | 2022-08-25 00:00:00
With very high duty and taxes in force, the Bangladesh Parjatan Corporation (BPC) is facing intense competition from grey market in liquor business, officials concerned say.Presently, 425-per cent duty and taxes are imposed on liquor imports, and 310 per cent...
FE REPORT | 2022-08-25 00:00:00
Metro Spinning, a listed company, has seen its share price rising 'abnormally' even though there was no undisclosed price sensitive information (PSI) behind such a price surge.The company's share price soared 39 per cent in just seven days on Dhaka...
FE REPORT | 2022-08-25 00:00:00
Ten most-traded firms accounted for 32 per cent of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with Orion Pharma dominating the turnover chart.Orion Pharma topped the turnover list after almost three months as investors were active in both...
FE REPORT | 2022-08-25 00:00:00
Stocks slipped into the red on Wednesday, snapping a six-day gaining streak, as cautious investors rushed to lock in profits on quick-gaining issues during revised market hours.As per the newly revised schedule, trading on the bourses started at 9:30am instead...
BANGKOK, Aug 24 (AFP): Thailand will raise the price of Thai instant noodles, the trade department said Wednesday, marking the first price increase on the must-have daily staple in 14 years.The kingdom's economy has not bounced back after fully re-opening...
OTTAWA, Aug 24 (AFP): The leaders of Canada and Germany signed a green hydrogen deal on Tuesday, laying a path for a transatlantic supply chain as Europe seeks to lessen its dependence on Russian energy."It's a vote of confidence for...
A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on Wednesday on a virtual platform with Prof Dr Mohammad Gias Uddin Talukder, Chairman of the Committee, in the chair
Gold prices inched lower on Wednesday on a firmer dollar and as investor focus shifted to the Jackson Hole central bankers event for more clues on rate hike plans, reports Reuters. Spot gold fell 0.2 per cent to $1,743.89 per...
WASHINGTON, Aug 24 (AFP): Ukraine is on course to ship nearly as much grain this month as it did before the Russian invasion, in a triumph for international efforts to ease food shortages, a US official said Tuesday.Ukraine is one...
Country's popular electronics brand Vision has introduced a campaign on the occasion of World Cup Football-2022. Some 200 customers will get the opportunity to travel to Qatar by purchasing certain products of Vision Electronics, says a press release.RN Paul, Managing...
Benchmark Brent oil held above $100 a barrel on Wednesday after Saudi Arabia suggested this week that OPEC could consider cutting output, though bearish economic signals from central bankers and falling equities weighed, reports Reuters. Brent crude for October settlement...
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