FE Today Logo

Search results for:


Eid-time road crashes kill 440: JKS

FE REPORT | 2022-07-20 00:00:00

Accidents claimed 440 lives on highways, waterways, and railways during the vacation season ahead of Eid-ul-Azha, said Jatri Kallyan Samity (JKS), a platform for road safety, on Tuesday.Road accidents alone account for 398 deaths in 319 incidents, marking the highest...

Defeated party in next polls may get eliminated from politics: GM Quader

2022-07-20 00:00:00

Jatiya Party Chairman GM Quader on Tuesday feared that the losers in the next national elections may get wiped out because of the prevailing political reality in the country, reports UNB. "The political leaders of the country are responsible for...

PM receives report on Bangabandhu's birth centenary celebration

2022-07-20 00:00:00

Chief coordinator of Bangabandhu Sheikh Mujibur Rahman Birth Centenary Celebration National Implementation Committee Kamal Abdul Naser Chowdhury on Tuesday handed over its report to Prime Minister Sheikh Hasina, reports UNB.He handed over the 234-page report to the PM at her...

Talks about electricity don’t suit BNP: Quader

2022-07-20 00:00:00

Awami League General Secretary Obaidul Quader on Tuesday said talking about electricity does not suit the mouths of BNP leaders, reports BSS."How do the BNP leaders talk about electricity? Do they have any shame?" he questioned while speaking at a...

Load-shedding an early sign of economic crisis, says BNP

2022-07-20 00:00:00

Terming the countrywide load-shedding an early sign of grave economic crisis, BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday said the government will now find it very difficult to overcome the crisis and prevent its fall, reports UNB."The economists...

EU efforts insufficient to get through winter without Russian gas: IEA

2022-07-20 00:00:00

PARIS, July 19 (AFP): Europe's efforts to diversify suppliers will not be enough to get it through winter without Russian gas, the head of the International Energy Agency warned Monday, urging immediate efforts to cut demand.The comments by the IEA's...

US sustainable funds returned to inflows in June, report says

2022-07-20 00:00:00

Investors resumed deposits into US sustainable funds last month, marking a return to the norm after net withdrawals in May broke a three-year streak of monthly inflows, researcher Morningstar said on Monday, reports Reuters.Sustainable mutual funds and ETFs, including those...

India's PharmEasy plans $200 million fund raising at lower valuation

2022-07-20 00:00:00

MUMBAI, July 19 (Reuters): Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15 per cent or even 25 per cent lower than last year's $5.1...

Investor pessimism worst since 2008 crisis, Bank of America says

2022-07-20 00:00:00

LONDON, July 19 (Reuters): Expectations of global growth and corporate profits have plunged to a record low, according to a monthly BofA fund manager survey with cash levels rising to their highest in more than two decades as investors cut...

World stock markets drop

2022-07-20 00:00:00

HONG KONG, July 19 (AFP): Most stocks fell Tuesday after a Wall Street sell-off fuelled by fresh recession worries following a report that Apple planned to ease back on spending due to uncertainty over the economic outlook.The drop across most...

312th meeting of the Board of Directors of IFIL held

2022-07-20 00:00:00

The 312th meeting of the Board of Directors of Islamic Finance and Investment Limited (IFIL) was held on Tuesday at its Head Office at Tejgaon, with Hossain Mahmud, Chairman of the Board of Directors of IFIL, in the chair. Vice...

Md Abul Hossain greeted additional secretary Amal Krishna Mandal

2022-07-20 00:00:00

Additional Secretary Amal Krishna Mandal, Financial Institutions Division (FID), Ministry of Finance, visited the head office of the Investment Corporation of Bangladesh (ICB) along with Dr. Nahid Hossain, Joint Secretary, and Md Golam Mostofa, Deputy Secretary of FID. Md Abul...

Md Nurul Amin paid tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman

2022-07-20 00:00:00

Chairman of Karmasangsthan Bank and former senior secretary to the government Md Nurul Amin paid tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at the mausoleum of Bangabandhu at Tungipara in Gopalganj on Sunday...

News Briefs (2022-07-20)

2022-07-20 00:00:00

Disbursement of dividend Phoenix Insurance Company Ltd: The company disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders' bank account through BEFTN on July 17, 2022. The company has also informed that whose...

Mercantile Bank Training Institute began a two-week foundation training

2022-07-20 00:00:00

Mercantile Bank Training Institute began a two-week foundation training for its Trainee Assistant Officers (TAO) on Monday. A total of 45 officers participated in the training. Md Quamrul Islam Chowdhury, MD & CEO of the bank, inaugurated the training. The...

Prime Bank teams up with Green Delta Insurance

2022-07-20 00:00:00

Prime Bank has partnered with Green Delta Insurance Company Limited (GDIC), one of the leading insurance providers in the country, to provide insurance facilities for Prime Bank Car & Home Loan customers, says a press release.With this partnership, Prime Bank's...

Experts push for inclusive insurance, risk finance

2022-07-20 00:00:00

Experts at a workshop called upon the government, development partners and private sector for enabling an environment for inclusive insurance and risk financing for the country's sustainable development, leaving no one behind. The event titled 'Inception workshop on Country Diagnostic...

Ten most-traded stocks grab 25pc of turnover on DSE

FE REPORT | 2022-07-20 00:00:00

The ten most-traded stocks grabbed one-fourth of transactions of the Dhaka Stock Exchange (DSE) on Tuesday, with British American Tobacco Bangladesh (BATBC) leading the turnover chart.The total turnover, however, dropped to Tk 3.19 billion on the DSE, hitting a 16-month...

82,668 BO accounts closed in one and a half months

FE Report | 2022-07-20 00:00:00

A total of 82,668 active BO (beneficiary owner) accounts were shut down in nearly one and a half months due to multiple reasons, including non-payment of account maintenance fee.The number of active BO accounts came down to around 1.99 million...

Stocks keep bleeding as economic worry grows

FE REPORT | 2022-07-20 00:00:00

Stocks suffered another big fall on Tuesday as edgy investors continued to sell off their positions in a bid to exit the market, fearing that economic uncertainty would deepen in coming months. The benchmark DSEX index of Dhaka Stock Exchange...

Greece protests to Serbia, Ukraine over cargo plane crash

2022-07-20 00:00:00

Greece has protested to Serbia and Ukraine for not being timely informed about the munitions cargo on board a Ukrainian aircraft which crashed near the northern city of Kavala on Saturday night, Greek diplomatic sources said on Monday, reports Reuters.The...

UK unemployment steady, as wages erode at record pace

2022-07-20 00:00:00

LONDON, July 19, (AFP): Britain's unemployment rate remains close to a 50-year low, but decades-high inflation is causing the value of wages to fall at a record pace, official data showed on Tuesday.Unemployment stood at 3.8 percent in the three...

UAE inks energy deal with France as Macron hosts MBZ

2022-07-20 00:00:00

PARIS, July 19, (AFP): France secured promises of new energy supplies from the United Arab Emirates on Monday after talks between President Emmanuel Macron and UAE leader Sheikh Mohamed bin Zayed Al-Nahyan in Paris.The UAE has emerged as a key...

Indian rupee breaches 80 per dollar

2022-07-20 00:00:00

MUMBAI, July 19 (AFP) :The Indian rupee fell below 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.The rupee sank to 80.0600 against the dollar soon after...

Australia to continue duty-free market access for Bangladesh

2022-07-20 00:00:00

Australia will continue to provide Bangladesh with duty-free access in its market after the country's graduation from the LDC category, reports UNB.High Commissioner of Australia to Bangladesh Jeremy Bruer informed BGMEA President Faruque Hassan about the Australian government's decision when...

Md Ismail Hossain greeted the newly-appointed Senior Secretary of the Finance Division

2022-07-20 00:00:00

Managing Director of Bangladesh Krishi Bank Limited Md Ismail Hossain greeted the newly-appointed Senior Secretary of the Finance Division under the Ministry of Finance Fatima Yasmin on Tuesday. Additional Secretary of Finance Division and Director of Bangladesh Krishi Bank Tahmid...

UN chief calls for bold, coordinated responses to global food crisis

2022-07-20 00:00:00

UNITED NATIONS, July 19 (XINHUA): United Nations Secretary-General Antonio Guterres on Monday called for bold and coordinated responses to slove the ongoing global food crisis."We face a real risk of multiple famines this year. And next year could be even...

Court battle to open in Musk, Twitter buyout fight

2022-07-20 00:00:00

WASHINGTON, July 19 (AFP): Elon Musk and Twitter will face off Tuesday in the first court hearing over the Tesla chief's move to abandon their $44 billion buyout deal, a case with massive stakes for both sides.Twitter wants a judge...

StanChart, Medix Dhanmondi to make healthcare more affordable

2022-07-20 00:00:00

Standard Chartered Bangladesh (SCB) recently signed a deal with Medix Dhanmondi Centre, a concern of United Hospital Limited, says a press release.As a part of the agreement, Medix Dhanmondi Centre will offer free registration, 20 per cent discounts on pathological...

Campaign launched for living wage

FE REPORT | 2022-07-20 00:00:00

A campaign, titled 'Good Clothes, Fair Pay', was launched on Tuesday, aiming to secure payment of living wages for workers in global garment supply chains.Clean Clothes Campaign (CCC) and other campaign organisations aim to collect 1.0 million signatures from European...