BENGALURU, July 24 (Reuters): India's Infosys Ltd on Sunday reported June-quarter profit that missed estimates, hurt by higher employee expenses, but the IT services company raised its annual revenue outlook, citing a strong demand outlook.Infosys' larger IT rival Tata Consultancy...
Bangladesh and Russia are exploring ways to strengthen cooperation in the tourism sector, reports UNB.A webinar titled "New horizons for Bangladesh-Russia Tourism Relationship through new dimensions of tourism cooperation with Murmansk Region" was held Saturday.The event was organised by the...
Standard Chartered Bangladesh has won the title of "Best International Bank" in Bangladesh at the Asiamoney Best Bank Awards 2022, reports BSS.Standard Chartered Bangladesh was recognised for its focus on sustainability, driving economic empowerment and greater financial inclusion, and for...
The Association of Chartered Certified Accountants (ACCA), Bangladesh organised a prize winner ceremony at a hotel in the capital recently for students who achieved good results in the four exam sessions held in 2021, says a press release. A total...
bKash has awarded nine publication houses for selling highest numbers of books through bKash payment at Ekushey Book Fair-2022. The awardees were selected from three categories of publication houses in the book fair, says a press release.'Anyaprokash' won an 'iPhone'...
The Water Resources Ministry has achieved the Bangabandhu Public Administration Padak-2022 for its commendable contribution to the development administration, says a press release. Liberation War Affairs Minister AKM Mozammel Haque handed over the award to Water Resources Ministry Senior Secretary...
The 77th meeting of the Shari'ah Council of Fareast Islami Life Insurance Company Limited was held at 'Fareast Tower' at Topkhana Road, Dhaka. The meeting was presided over by Mr. Syed Kamaluddin Abdullah Jafri, Chairman of Shari'ah Council of the...
FI’s EPSCity Bank(Q2 Un-audited): Consolidated EPS was Tk. 1.21 for April-June 2022 as against Tk. 1.19 for April-June 2021; Consolidated EPS was Tk. 2.04 for January-June 2022 as against Tk. 2.16 for January-June 2021. Consolidated NOCFPS was Tk. (7.58) for...
The board of directors of Community Bank Bangladesh Ltd greeted the newly-appointed Governor of Bangladesh Bank Abdur Rouf Talukder. Managing Director & CEO of Community Bank Bangladesh Ltd Mashiul Huq Chowdhury and directors of the bank were present on the...
Dhaka Central Zone & Corporate Branches of Islami Bank Bangladesh Limited organized half-yearly Business Development Conference on Sunday at Head Office. Mohammed Monirul Moula, Managing Director and CEO of the Bank addressed the conference as the Chief Guest.
The Half-Yearly Business Conference-2022 of the Premier Bank Limited was held on Sunday at Renaissance Dhaka Gulshan Hotel. Dr. H.B.M. Iqbal, Chairman, Board of Directors of Premier Bank Limited, graced the occasion as the Chief Guest. Mr. Moin Iqbal, Vice...
The 22nd Annual General Meeting of Takaful Islami Insurance Ltd. was held on Saturday on digital platform.Mr. Md. Abul Hashem, Chairman, presided over the meeting while Mr. Md. Humayun Kabir Patwary, Mr. Emdadul Hoque Chowdhury, Engr. Khandader Mesbahuddin Ahmed, Mr....
FE REPORT | 2022-07-25 00:00:00
Junk stocks continued their dominance on the top gainers' chart as four 'Z' category companies featured on the Sunday's top 10 gainers' list despite the market kept falling.Junk stocks have also frequently featured on the top gainers' list in recent...
FE REPORT | 2022-07-25 00:00:00
Stocks witnessed yet another massive fall on Sunday, with the key index of the prime bourse sinking below 6,100-mark, as the jittery investors continued their sell-off to exit from the market.The market saw a sharp decline from the beginning of...
ZURICH, July 24 (Reuters): Credit Suisse is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung reported, citing senior sources."The numbers are catastrophic," an unnamed senior banker told the...
RIYADH, July 24 (Arab News): Bitcoin, the leading cryptocurrency internationally, traded lower on Sunday, falling by 0.65 per cent to $22,750.19.Ethereum, the second most traded cryptocurrency, was priced at $1,602.32 rising by 1.36 per cent, according to data from Coindesk.As...
MANILA, July 24 (AFP): As the war in Ukraine pushes up wheat prices and a weaker peso raises the cost of imported edible oil, many Philippine bakers are shrinking the size of a popular breakfast roll to cope with higher...
MUMBAI, July 24 (AFP): Indian oil-to-telecoms giant Reliance Industries reported earnings that missed analyst estimates Friday, despite a strong performance by its core oil-refining business.The conglomerate, which is owned by Asia's richest man Mukesh Ambani, reported a net profit of...
WASHINGTON, July 24, (AFP): US central bankers face an increasingly difficult balancing act as they struggle to douse scorching inflation while still keeping the economy growing, though they have made it clear they are willing to risk a recession.But with...
CAIRO, July 24 (AFP): Russia's top diplomat reassured Egyptian leaders Sunday that their orders for Russian grain would be met as he began a tour of African countries dependent on imports for their food supply."We confirmed the commitment of Russian...
The Half-Yearly Business Review Conference 2022 of the Institutional Banking and Treasury Divisions of Midland Bank Limited was held recently at the bank's Head Office at Gulshan in Dhaka. Ahsan-uz Zaman, Managing Director and CEO of the bank, inaugurated the...
RIYADH, July 24 (Arab News): Kazakhstan President Kassym-Jomart Tokayev has invited Saudi companies to invest in the central Asian country as it offers a lot of opportunities in the areas of energy, space, recycling, food and agriculture, and construction. While...
SYFUL ISLAM | 2022-07-25 00:00:00
The D-8 Chamber of Commerce and Industry (D-8 CCI) will propose alternative trade financing to address the pressure on the local currency and the foreign exchange (forex) reserve. The chamber will suggest three modes of alternative trade financing - block...
WASHINGTON, July 24, (AP): Soki Wu's food stall, tucked in a food court in a shopping mall in Singapore, is a crowd favorite for its fresh, juicy "chicken rice," a national dish. But customers recently began complaining that his chicken...
MONTREAL, July 24 (AFP): Canada, the world's fourth-largest oil producer, is considering pushing back its greenhouse gas reduction timeline for its oil industry, the environment minister told media Saturday.The government recognises that "some of the measures that will be needed...
RIYADH, July 24 (Arab News): Saudi Arabia plans SR17 billion ($5.0 billion) investment to boost poultry production as the Kingdom aims to achieve a poultry meat self-sufficiency rate of 80 per cent by 2025, Saudi Press Agency reported.By targeting 1.3...
KYIV, July 24 (Reuters): Ukraine pressed ahead on Sunday with efforts to restart grain exports from its Black Sea ports under a deal aimed at easing global food shortages but warned deliveries would suffer if Russia's strike on Odesa was...
Gold prices on Sunday in most Indian cities including Delhi, Patna, Lucknow, Kolkata, and Kanpur, among other cities, increased slightly, reports Zee News. The hike was seen in both the variants of the gold: 22 and 24-carat. For instance, the...
KHULNA, July 24 (BSS): The government has earned Tk 29.21 billion (2,921 crore) through exporting 88.81 tonnes of frozen shrimp white fish from Khulna district in the fiscal year 2021-2022.Khulna district has produced more than 31,849 tonnes of fish against...
CHUADANGA, July 24 (UNB): A 22-year-old worker was killed in a boiler explosion at a rice mill at Piaratala in Jibonnagar upazila of Chuadanga district on Sunday, said police.The dead is Foysal Hossain, son of Kamal Hossain of the area.
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