Rahim Steel has provided a Fatigue Testing machine for the Strength of Materials Lab of the BUET's Civil Engineering Department for the purpose of advanced research and testing. The machine was installed in the lab on Monday. Dr. Mohammed Mohsin,...
MUMBAI, June 21 (Reuters): Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of...
Most stock markets in the Gulf rose on Tuesday, rebounding from a recent selloff, with the Qatari index on track to snap four sessions of losses, reports Reuters.The markets also followed Asian shares higher. MSCI's broadest index of Asia-Pacific shares...
LONDON, June 21 (AFP): Asian and European stocks mostly rose Tuesday as calm returned following last week's rout, but analysts warned of more pain after central bank officials hinted at further interest rate hikes to tackle soaring inflation.Wall Street reopens...
Union Bank Training Institute organised concluding ceremony of Probationary Officers for 19-day Foundation Training Course recently. Managing Director of Union Bank A. B. M. Mokammel Hoque Chowdhury was present as the chief guest at the programme.
Disbursement of dividend Mutual Trust Bank Limited: The bonus shares of the company for the year ended on December 31, 2021 have already been credited through CDBL to the respective shareholders' BO accounts on June 20, 2022.Suspension of tradingBEXGSUKUK: Trading...
The 39th Annual General Meeting of Islami Bank Bangladesh Limited was held on Tuesday on a virtual platform. Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank, presided over the meeting. Yousif Abdullah Al-Rajhi of KSA and Md. Shahabuddin, Vice...
Shahjalal Islami Bank Ltd officially inaugurated bKash Fund Transfer Service at the bank's corporate head office on Tuesday. Managing Director & CEO of Shahjalal Islami Bank M. Shahidul Islam inaugurated the service as the chief guest. From now on, the...
Dhaka Bank Limited disbursed agriculture loan among flower farmers at Godkhali, Jhikorgacha, Jashore recently. Emranul Huq, Managing Director & CEO, Dhaka Bank, and Md. Rafiqul Hasan, Additional Deputy Commissioner, Jashore, were present in the ceremony. The loan was disbursed among...
MDs of some FIs representing Bangladesh Leasing and Finance Companies Association (BLFCA) congratulated Mr. Abdul Rauf Talukder, Senior Secretary of the Finance Ministry with a bouquet on his appointment as the Governor of Bangladesh Bank recently.
BRASILIA, June 21 (AFP): The CEO of Brazil's state-owned oil company Petrobras, who has stayed in his post despite being fired by Jair Bolsonaro in May, resigned Monday after a new fuel price hike that enraged the far-right president.Jose Mauro...
The Board of Directors of MIDAS Financing Limited in its 338th meeting held recently re-appointed Mr. Mustafizur Rahman as the Managing Director of the Company. Mr. Rahman joined MIDAS Financing Limited as the Managing Director on May 02, 2019. Mr....
FE REPORT | 2022-06-22 00:00:00
Share price of Imam Button Industries is rising 'abnormally, becoming the day's top gainer on Tuesday despite the company incurred huge losses and failed to declare dividends for a decade.The junk stock price climbed 72 per cent or Tk 44.70...
FE REPORT | 2022-06-22 00:00:00
The stock market regulator has approved ONE Bank's proposal to raise Tk 4.0 billion through issuance of seven years floating rate subordinated bonds to raise Tier-2 capital of the bank.The approval came at a meeting of Bangladesh Securities and Exchange...
FE REPORT | 2022-06-22 00:00:00
Stocks continued bleeding for the third straight day on Tuesday as cautious investors offloaded shares on major sector issues amid growing economic worries.The market opened on a negative note and the downturn continued until the end of the session, ultimately...
Standard Chartered Saadiq has organised a session titled 'Road to Kaaba -- Learn about the holy journey' at the Standard Chartered's head office in Dhaka recently. Md. Zahidur Rahman, Director, Quran Teaching, Research, and Training Centre, delivered the keynote speech....
Bengal Commercial Bank Limited has signed an agreement with Jamuna Bank Limited for joining the VISA International Associate Membership. Mirza Elias Uddin Ahmed, Managing Director & CEO, Jamuna Bank, and Tarik Morshed, Managing Director & CEO, Bengal Commercial Bank, signed...
A group of US power producers on Tuesday have formed a consortium to spend about $6 billion to support expansion of the domestic solar supply chain, reports Reuters.AES Corporation said it had joined Clearway Energy Group, Cypress Creek Renewables and...
PARIS, June 21 (Reuters): Sales of luxury goods are set to rise at least 5% this year as shoppers in the United States and Europe continue to snap up high-end watches, jewelry and shoes despite political uncertainty linked to conflict...
CAIRO, June 21 (AFP): Saudi and Egyptian companies signed agreements worth a total of $7.7 billion during a visit to Cairo by the Saudi crown prince.The deals were related to "infrastructure, logistical services, port management, agri-foods, the pharmaceutical industry, fossil...
Former Tesla Inc employees have filed a lawsuit against the US electric car company alleging its decision to carry out a "mass layoff" violated federal law as the company did not provide advance notice of the job cuts, reports Reuters.The...
Pabna Zila Bidi Mojdur Union formed a human chain to press home their four-point demand, including the enactment of a law for protecting the workers employed in bidi factories, says a press release. Around 200 bidi workers took part in...
KHULNA, June 21 (BSS): The keel laying ceremony of a 'Search and Rescue vessel' for the Mongla Port Authority (MPA) was held on the Khulna Shipyard premises on Tuesday.Speaking as the chief guest, MPA Chairman Rear Admiral Mohammad Musa said...
The United Arab Emirates will build a new Red Sea port in Sudan as part of a $6 billion investment package, DAL group chairman Osama Daoud Abdellatif, a partner in the deal, told Reuters.Abdellatif said the package includes a free...
Dhaka city's telecommunications with three districts of greater Sylhet, including Sylhet city, Habiganj and Sunamganj - has been restored on Tuesday following four days of disruption due to flood-triggered power disconnection to BTCL's telephone exchanges in the three northeastern districts....
MTB Foundation has recently signed an agreement with the Eye Care Programme of Manabik Shahajya Sangstha (ECP-MSS) to provide eye care facilities to the underprivileged segment of the country, says a press release. Under the agreement, MTB Foundation and Manabik...
Eastland Insurance Company Ltd. distributed cooked food among flood-affected people at the Mirzajangal Girls High School shelter in Sylhet city on Tuesday under instruction from Chairman of the company Mr Mahbubur Rahman and Managing Director Abdul Haque. Officials of the...
Checkpoint System Bangladesh Limited-Unit 2, a Netherlands-owned company, is going to establish a garments accessories manufacturing industry in the BEPZA Economic Zone, reports BSS. The company will invest US$ 10.52 million to produce 1,319 million units of different types of...
NEW DELHI, June 21 (Reuters): India's top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one government source said, weeks after pledging to stop doing business with...
Gold prices eased on Tuesday as headwinds from an uptick in US Treasury yields amid prospects of more interest rate hikes offset support from a retreat in the dollar, reports Reuters.Spot gold fell 0.1 per cent to $1,836.12 per ounce...
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