Green Delta Capital Limited (GDCL) has recently signed an issue management agreement with Thai Foils & Polymer Industries Limited, a concern of Al-Mostafa Group. Under this agreement, Green Delta Capital Limited has become the mandated Issue Manager for the upcoming...
FE REPORT | 2022-06-16 00:00:00
Stocks ended marginally higher on Wednesday, snapping a four-day losing streak, as bargain hunters showed their buying interest on lucrative issues after recent price erosion.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 13.12 points or...
FE REPORT | 2022-06-16 00:00:00
The stock market regulator has allowed Global Islami Bank to raise Tk 4.25 billion from the capital market, which will be the second largest initial public offering (IPO) in the banking sector.The approval came on Wednesday at a meeting held...
FE Report | 2022-06-16 00:00:00
The state minister for planning Dr. Shamsul Alam has supported merchant bankers' demand of whitening undisclosed money in the capital market.The state minister echoed the merchant bankers' demand on Wednesday at a post-budget press conference jointly held by Bangladesh Merchant...
FE REPORT | 2022-06-16 00:00:00
Participants at a workshop have sought a conducive atmosphere for better merger and acquisition (M&A) transactions of corporates. The stakeholders have also underscored the need for a greater and trustworthy role of the country's M&A intermediaries, to help improve practices...
SYDNEY, June 15 (AFP): Australia raised the minimum wage by over five per cent on Thursday, a slower-than-inflation increase as prices for basic goods soar.The Fair Work Commi-ssion set the new minimum rate at Aus$21.38 an hour, a 5.2 per...
LONDON, June 15 (Reuters): Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals.The world's largest cryptocurrency fell as much...
Central Committee of Swadhinata Bankers Parishad announced its Sonali Bank unit committee on Tuesday. Alauddin Tushar was named president and Mozammel Haque Lenin retained general secretary for the next two years, said a press release. Swadhinata Bankers Parishad Central Committee...
NEW YORK, June 15 (Reuters): The average interest rate on the most popular US home loan climbed to its highest level since the 2008 financial crisis and purchase applications were down more than 15 per cent from last year, Mortgage...
STOCKHOLM, June 15 (Reuters): IKEA said on Wednesday it would sell factories, close offices and reduce its nearly 15,000-strong workforce in Russia, the latest move by the world's biggest furniture brand to cut its operations there following Moscow's invasion of...
Randy Ali, Deputy Mission Director of USAID, recently visited the GLOBALG.A.P. recognised vegetable farms in Jashore. Sabbir Hasan Nasir, Executive Director of ACI Logistics (Shwapno), was also present at the event along with Business Director Sohel Tanvir Khan, and the...
FE REPORT | 2022-06-16 00:00:00
Brazil expressed a great interest on Wednesday to expand bilateral cooperation with Bangladesh in agriculture sector for mutual benefits of the two countries.The Brazilian authorities' interest came when its Charge d affaires in Bangladesh Sabime Nadja Popoff called on Textiles...
Sumaiya Tasnim Adiba | 2022-06-16 00:00:00
The goal of the IUT Career and Business Society (IUT CBS) has always been to create a firm platform for IUTians where they can evolve their individual entities with every concurring skill necessary to stand out from the crowd. Refining...
Samayla Mahjabin Koishy and Mehejabin Sultana Zaman Anika | 2022-06-16 00:00:00
Founded under the School of Business and Economics of North South University 27 years ago, North South Young Entrepreneurs Society (NSU YES!), rose to the top with its valiant efforts and ideas. This student-run organisation has devoted itself to spreading...
Anadil Maish | 2022-06-16 00:00:00
For many people, the opportunity to study abroad is a lifelong dream. For others, it happens more incidentally than they may have anticipated. Regardless of the events that lead up to it, people have their own unique experiences and anecdotes...
Fabiha Maimuna | 2022-06-16 00:00:00
Although she studied science till HSC, Maisha (pseudonym) always knew that she wanted to be a corporate leader, and her knack for managing people and situations made her aspire to apply for the best business school in the country, IBA,...
BELLINZONA, Switzerland, June 15 (AP): Prosecutors in the fraud trial of former FIFA president Sepp Blatter and vice president Michel Platini asked Wednesday for both men to get 20-month suspended prison sentences.Blatter and Platini, a former France national team captain...
WOLVERHAMPTON, England, June 15 (AP): England suffered its worst home defeat since 1928 with a 4-0 loss to Hungary in the Nations League on Tuesday.Less than a year after reaching the European Championship final on home soil to raucous celebrations,...
England batter Joe Root has replaced Australia's Marnus Labuschagne at the top of the ICC men's Test rankings, following his recent run of form, reports ESPNcricinfo.Root, who recently became only the second England batter to score more than 10,000 Test...
NORTH SOUND, Antigua and Barbuda, June 15 (AFP): All-rounder Shakib Al Hasan leads an unsettled Bangladesh side into the first Test against the West Indies on Thursday seeking to recapture the glory of his captaincy debut 13 years ago.In 2009,...
The two-match Test Series between Bangladesh and West Indies beginning today (Thursday) at the Sir Vivian Richards Stadium in Antigua, has been named as Padma Bridge Dream Fulfilled Friendship Test Series, reports UNB. Prime Minister Sheikh Hasina will inaugurate the...
MOSCOW, June 15 (Business Recorder): Russian wheat export prices were broadly flat last week, while exports declined, analysts said on Tuesday. Prices for wheat with 12.5 per cent protein content and for supply from Black Sea ports were stable around...
NEW DELHI, June 15 (The Times of India): Gold prices were lifted on Wednesday from near one-month lows by weaker Treasury yields, ahead of a potentially aggressive interest rate hike from the US Federal Reserve as it seeks to combat...
LONDON, June 15 (Reuters): Oil prices fell on Wednesday on concerns about fuel demand and global economic growth before an expected big hike in interest rates by the US Federal Reserve.Brent crude futures for August were down $1.27, or 1...
Liquefied Petroleum Gas (LPG) will be used in the apparel industry of the country for the first time as the Bashundhara LP Gas Limited has signed an agreement with the Apparels Wet Processing Ltd., says a press release issued on...
ATHENS, June 15 (AFP): Two people were hospitalised Wednesday after a fire broke out in an Athens migrant camp, officials said.The fire at the Eleonas camp near the centre of Athens-where over 1,100 people live, including many families with young...
JUBA, June 15 (AP): At least 1.7 million hungry people in South Sudan are losing humanitarian food aid "at the worst possible time" as the United Nations World Food Program suspends the help, blaming critical funding shortages.South Sudan faces unprecedented...
PARIS, June 15 (AFP): The depressing state of the world is leading people to switch off from the news, the Reuters Institute reported on Wednesday.The combined impact of the Covid-19 pandemic, Russia-Ukraine war and cost-of-living crisis have led to declining...
CAROLINA, June 15 (BBC): A Republican congressman has lost his bid to cling on to his seat, after a furious backlash to his vote to impeach former US President Donald Trump.Tom Rice, a five-term South Carolina incumbent, was beaten in...
LOS ANGELES, June 15 (AFP): Raging floods, devastating fires, powerful thunderstorms and a dangerous heat wave affecting a third of the population: the United States was being walloped Tuesday by climate-related catastrophes.A series of slow motion disasters is gripping the...
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