FE REPORT | 2022-06-13 00:00:00
Speakers at a seminar have emphasised standardising accreditation and certification authorities in compliance with the international standards for better acceptance of Bangladeshi products in the global market.Dhaka Chamber of Commerce and Industry (DCCI) and Bangladesh Accreditation Board (BAB) jointly organised...
FE REPORT | 2022-06-13 00:00:00
Japanese ambassador to Bangladesh Ito Naoki on Sunday said the under-construction Araihazar economic zone (EZ) will be a test case for Bangladesh to attract foreign investors at a large scale.Hailing development progress of the special economic zone (SEZ), especially for...
RIYADH, June 12 (Arab News): First Abu Dhabi (FAD) Bank has announced the completion of a legal merger with Bank Audi Egypt to operate as a single legal entity under the new name, First Abu Dhabi Bank Egypt.The full integration...
RIYADH, June 12 (Arab News): Saudi Arabia's logistics sector needs a combined government-private investment of over SR500 billion ($133 billion) by 2030, as the Kingdom aims to become a global logistic hub, said Sulaiman Al-Mazroua, CEO of the National Industrial...
Managing Director of Esquire Accessories Md Ehsanul Habib, and Chief Executive Officer of Lankan Alliance Finance Ltd (LAFL) Kanti Kumar Saha pose with others at a signing ceremony held at the corporate head office of Esquire Group in Dhaka recently....
Chairman of Eastern Refinery Limited (ERL) ABM Azad, also chairman (secretary) of Bangladesh Petroleum Corporation, presides over 45th annual general meeting of ERL on Friday at the office of the company at North Patenga, Chattogram. Managing Director of ERL Md...
The election of the executive committee of Karnaphuli Gas Distribution Company Limited Officers' Welfare Association to elect new leaders was held at the head office of the company in Chattogram on Saturday.The association members elected Anupam Datta as the president...
NAZIMUDDIN SHYAMOL | 2022-06-13 00:00:00
CHATTOGRAM, June 11: Karnaphuli tunnel is likely to be ready for inauguration by year-end, before the scheduled time of opening the multi-lane tunnel to public traffic, an official said. He said 86 per cent work of the multi-billion Taka Karnaphuli...
Private equity firm CVC Capital Partners is exploring a sale of VelocityEHS for as much as $2 billion, seeking to capitalize on a boom in demand for compliance software in the corporate world, three people familiar with the matter said,...
Gearing reinvestments of pandemic-era bond purchases back into stressed markets may not be enough to prevent unmanageable divergences in borrowing costs across the euro area as the ECB hopes after ending its bond buying, UBS warned on Friday, reports Reuters.So-called...
NEW DELHI, June 12 (NDTV): India's Insurance regulator (IRDAI) on Friday allowed insurers to launch new life insurance products without its prior approval. The move comes after similar relaxations were extended to health and general insurance products last week."This will...
IFIC Bank organised a day-long training on Awareness of Fake Note detection and prevention for its Officers which was held recently at IFIC Bank's head office. Deputy Managing Director and Chief of Operations & IT of IFIC Bank Ltd, Mr....
The 39th Annual General Meeting (AGM) of City Bank was held on Sunday on a virtual platform. Aziz Al Kaiser, Chairman of the Bank, presided over the meeting. Vice Chairman Hossain Khaled, Managing Director & CEO Mashrur Arefin and Additional...
Global Islami Bank formally relocated its Mohakhali Branch to 'Shamsuddin Manson, Mohakhali, Dhaka from the previous location Red Crescent Concord Tower, Mohakhali, Dhaka on Sunday. Syed Habib Hasnat, Managing Director of the Bank, inaugurated the operation of the branch as...
Disbursement of dividend Linde Bangladesh Lim-ited: The company has disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders.Bangladesh Finance and Investment Company Limited: The bonus shares of the company or the year ended...
Khairul Bashar Abu Taher Mohammad, a former official of the securities regulator, joined Dhaka Stock Exchange (DSE) as its chief regulatory officer (CRO) on Sunday. Earlier, the Bangladesh Securities and Exchange Commission (BSEC) approved his appointment on March 23. Mr....
FE REPORT | 2022-06-13 00:00:00
Prices of five junk stocks are rising 'abnormally' on the Dhaka Stock Exchange (DSE) despite these firms are incurring huge losses and not giving dividends for a long time.Junk stocks have also frequently featured on the top gainers' list in...
Rokia A. Rahman, former president of MCCI and A. K. Azad, former president of FBCCI were re-elected as Vice Presidents of International Chamber of Commerce (ICC) - Bangladesh, The world business organization for 2 years term from April 2022 to...
FE REPORT | 2022-06-13 00:00:00
Stocks ended lower on Sunday, the first session after unveiling the national budget, as the proposed budget appears to have failed to boost stock investors' confidence.The market index began to slide steeply from the beginning of the session, as large-cap...
FE Report | 2022-06-13 00:00:00
Stakeholders on Sunday signed a memorandum of understanding (MoU) to commence trading of Treasury Bonds (T-bonds) aiming to activate the country's bond market.The representatives of Bangladesh Bank (BB), Bangladesh Securities and Exchange Commission (BSEC), DSE, CSE and CDBL signed the...
McDonald's restaurants flung open their doors in Moscow once again on Sunday under new Russian ownership and a new name: Vkusno & tochka, which translates as "Tasty and that's it", reports Reuters.The new dawn for Russia's fast-food scene will initially...
COLOMBO, June 12 (Reuters): Sri Lanka may be compelled to buy more oil from Russia as the nation faces shortages amid an unprecedented economic crisis, its prime minister told the Associated Press.Prime Minister Ranil Wickremesinghe, in an interview with the...
Middle Eastern airlines witnessed a 265 per cent demand rise in April compared to April 2021, bettering the 252.7 per cent increase in March 2022, against the same month in 2021, according to a new report, reports zawya.com.The April capacity...
TOKYO, June 12 (Kyodo): More Japanese farmers are planning to lower their rice production and switch to wheat and soybean this year amid rising grain prices caused by Russia's war in Ukraine, according to a government survey.Among Japan's 47 prefectures,...
LONDON, June 12 (Reuters): Roger Federer has said he "definitely" intends to return to top-level tennis in 2023, but said he has made no concrete progress beyond his scheduled performances at the Laver Cup and his home tournaments in Basel....
NOTTINGHAM, United Kingdom, June 12 (AFP): Ollie Pope hit his highest Test score of 142 not out and Joe Root swaggered to an unbeaten 109 as England raced to 331-2 against New Zealand at tea on the third day of...
LONDON, June 12 (AP): It was a night of stalemates for the big teams in the Nations League on Saturday, including a drab scoreless draw in the rematch of last year's European Championship final.England was held 0-0 by Italy to...
DOHA, June 12 (Agencies): The use of five substitutes, introduced as a tweak to the rules because of the Covid-19 pandemic, will be formally written into the Laws of the Game at a meeting in Doha on Monday (June 13),...
MUMBAI, June 12 (AFP): Global media giants including Disney and Sony and Asia's richest man reportedly battled Sunday for the broadcast rights for the Indian Premier League cricket tournament, one of the world's most-watched sporting events.The winning bidders were expected...
Right-arm Bangladeshi pacer Ebadot Hossian scalped three wickets on the second day of the three-day practice match between Bangladesh XI and Cricket West Indies President XI in Antigua on Saturday, reports UNB.Bangladesh scored 310 for seven and declared their first...
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