FE Report | 2022-06-01 00:00:00
Exchange-Traded Fund (ETF) will finally be launched in September this year to facilitate diversification of the country's stock market.The managing director of Dhaka Stock Exchange (DSE) Tarique Amin Bhuiyan on Tuesday made the announcement at a press briefing held at...
Siddique Islam | 2022-06-01 00:00:00
Mercantile Bank Limited (MBL) has planned to bring more un-banked people into its network through setting up more sub-branches and agent banking outlets across the country, the bank's top executive has said. "We're giving priority to ensure achieving sustainable business...
FE Report | 2022-06-01 00:00:00
Dhaka bourse closed the Tuesday's session marginally higher amid day-long volatility following investors' cautious stance.On the day, the major sectors of listed securities performed mixed and Dhaka Stock Exchange (DSE) saw a decline in turnover as many remained silent in...
KUALA LUMPUR, Malaysia, May 31 (AP): Diners in Singapore are bracing for prices of their national chicken-and-rice dish to soar as neighbouring Malaysia prepares to block exports starting Wednesday to increase supplies in its own markets and hold down surging...
Indian house prices are set to accelerate this year to a pace not seen in half a decade, according to a Reuters poll of property analysts who also warned that higher interest rates will crimp affordability, especially for first-time buyers,...
LONDON, May 31 (Reuters): Copper prices touched their highest in over three weeks on Tuesday on hopes that lifting China's lockdown restrictions will boost demand, but a stronger dollar chipped away at the gains.Three-month copper on the London Metal Exchange...
COLOMBO, May 31 (Reuters): Sri Lanka wants farmers to plant more rice as part of plans to avert a severe food shortage, a top official said on Tuesday, as experts warned of a 50 per cent drop in production that...
Gold prices fell on Tuesday as an uptick in the dollar and U.S. bond yields overshadowed support from concerns over soaring inflation, with bullion on track to decline for a second straight month, reports Reuters.Spot gold fell 0.4% to $1,848.60...
Sonali Bank Limited CEO and Managing Director Md Ataur Rahman Prodhan inaugurated as chief guest a workshop on The Right to Information Act -2009 at the bank's Head Office in Dhaka on Tuesday. Mohammad Mamun Mia, Deputy Secretary of Financial...
LONDON, May 31 (Reuters): Oil prices extended a bull run on Tuesday after the EU agreed to a partial and phased ban on Russian oil and China decided to lift some coronavirus restrictions amid rising demand ahead of the peak...
JERUSALEM, May 31 (AP): Israel and the United Arab Emirates signed a free trade agreement on Tuesday, the first of its kind that Israel has concluded with an Arab country.The UAE agreed to normalize relations with Israel in a U.S.-brokered...
Sri Lanka's cash-strapped government on Tuesday announced a taxation overhaul to boost revenue amid the country's crippling economic crisis, hiking value added taxes and corporate income tax, and slashing the relief given to individual taxpayers, reports Reuters.Prime Minister Ranil Wickremesinghe,...
Islami Bank Bangladesh Limited organised a farewell reception for 15 retired senior executives at Islami Bank Tower in the city on Monday. Mohammed Monirul Moula, Managing Director & CEO of the bank, addressed the programme as the chief guest
ZURICH, May 31 (Reuters): Credit Suisse is in the early stages of weighing options to bolster its capital after a string of losses has eroded its financial buffers, two people with knowledge of the matter told Reuters.The size of the...
Indian automaker Tata Motors Ltd has signed an agreement to potentially buy a Ford Motor manufacturing facility in the western state of Gujarat as it looks to ramp up its production of electric vehicles, reports Reuters.The owner of Jaguar Land...
BBS Cables Limited arranged the 'Partners Meet 2022' at the International Convention City Bashundhara in Dhaka on Sunday. Chairman of BBS Cables Abu Noman Howlader, Managing Director Mohammad Badrul Hassan, directors Hasan Morshed Chowdhury and Mohammad Ruhul Majid, high officials,...
Dhaka Regency Hotel & Resort arranged a staff party recently on its premises in the capital recently to mark its 15th anniversary. Executive Director of Dhaka Regency Shahid Hamid inaugurated the programme with a cake-cutting ceremony. The associates were recognised...
OTTAWA, May 31 (AFP): The Canadian economy grew by 3.1 per cent in the first quarter at an annual rate, in a third consecutive quarterly gain, according to figures released Tuesday by the government statistical agency.The growth, led by higher...
Khulna, May 31 (UNB): The forest department has announced a three-month ban on tourism and fishing in the Sundarbans from Wednesday (June 1)."These three months are the breeding season for most of the species of fish and hence the imposition...
FE REPORT | 2022-06-01 00:00:00
Unnayan Shamannay (UnSy), a local think tank, on Sunday launched 'Digital Budget Information Helpdesk' to enhance connectivity between people and lawmakers for better implementation of the national budget.The organisation also unveiled a website named 'Amader Shangshad' (Our Parliament) where voters...
JTI Bangladesh has extended assistance to Kazuko Bhuiyan Welfare Trust to support and encourage Japanese language learning in Bangladesh. This initiative, involving native Japanese speakers, will provide training and create training materials, says a press release. Tareq Rafi Bhuiyan (Jun),...
Nazimuddin Shyamol | 2022-06-01 00:00:00
CHATTOGRAM, May 31: Chittagong Port Authority (CPA) has signed an agreement with two Korean companies for the final architectural and navigational design of the Bay Terminal Construction Project at Chittagong seaport. The Government Procurement Committee approved the Korean companies named...
OUR CORRESPONDENT | 2022-06-01 00:00:00
CHATTOGRAM, May 31: The month-long Chittagong International Trade Fair (CITF) 2022 kicked off in the port city's Railway Polo ground on Tuesday. Commerce minister Tipu Munshi inaugurated the 29th edition of the exposition as the chief guest while Chittagong Chamber...
FE REPORT | 2022-06-01 00:00:00
Speakers at a programme on Tuesday suggested replicating RMG model in the country's leather sector, decreasing import tax on its required chemicals, and providing long-term policy support to develop the industry further for global market.The industry owners should focus on...
63-year-old man commits suicide CHAPAINAWABGANJ, May 31: A 63-year-old man from Gomastapur upazila of C'nawabganj district committed suicide by shooting himself on Tuesday morning, police said. The victim was identified as Sharif Hossain, son of late Yahia of Deopura village...
JASHORE, May 31 (UNB): An inmate of Jashore Child Development Centre (CDC) has died while undergoing treatment at a hospital in the district, said officials on Tuesday.The deceased was identified as Siraj Islam, 16, son of Abdul Jalil of Nilphamari...
BRAHMANBARIA, May 31 (UNB): A young man was killed after his bike veered off the road and plunged into a roadside ditch in Nasirnagar upazila of Brahmanbaria on Monday night, police said.The deceased was identified as Billal Khandakar, 22, son...
BARISHAL, May 31 (UNB): Three people have been arrested in connection with the murder of an eight-year-old boy in Barishal's Ujirpur upazila, police said on Tuesday.The deceased was identified as Dipto Mandal, son of Dipak Mandal from Harta union. His...
KHULNA, May 31 (UNB): Bus, minibus owners and workers have called off their strike, in demand for a crackdown on vehicles, particularly three-wheelers, not authorised to ply on roads and highways.The decision to withdraw the strike was taken after assurance...
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