NEW YORK/LONDON, July 14 (Reuters): Private equity investor KKR said on Thursday that sustainable investing executive Elizabeth Seeger is leaving to join global standard-setter the International Sustainability Standards Board.Seeger, a 13-year veteran of the New York-based company who has co-led...
HONG KONG, July 14 (Reuters): The wealth management arm of Swiss bank Pictet Group is buying Chinese equities again more than 18 months after it shunned the asset class, joining other foreign investors dipping back in as they bet on...
BENGALURU, July 14 (Reuters): Indian shares closed lower for a fourth straight session as public sector banks and information technology companies fell on Thursday, while investors worried about aggressive interest rate hikes by the Federal Reserve after hot US inflation...
NEW YORK, July 14 (AFP): Wall Street stocks slumped early Thursday following another gloomy inflation report and disappointing bank results that set a gloomy tone at the start of the second-quarter corporate earnings season.About 25 minutes into trading, the Dow...
FE REPORTShare prices of two junk stocks -- Meghna Condensed Milk Industries and Meghna Pet Industries -- are soaring 'abnormally' despite incurring huge losses and non-payment of dividends for a long time.Junk stocks have also frequently featured on the top...
Disbursement of dividend Asia Pacific General Insurance Company Ltd: The cash dividend for the year ended on December 31, 2021 have been transferred to the respective shareholders bank account through Bangladesh Electronic Fund Transfer Network (BEFTN) system on July 05,...
S M Jakaria Huq, Commercial Counsellor of Bangladesh High Commission, London receives the Best Bank in Bangladesh 2022 Award trophy on behalf of Eastern Bank Limited (EBL) at the Euromoney Awards for Excellence ceremony held in London.
FE REPORTTrading of the shares of Achia Sea Foods will commence on Monday (July 18) on the SME Platforms of Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE).Achia Sea Foods will be the 14th listed firm in the DSE...
IHG®Hotels & Resorts has signed an agreement with Doreen Hotels & Resorts Limited, to open Crowne Plaza Dhaka Gulshan in Bangladesh by the end of 2022.IHG® currently has presence in Dhaka through hotels operating across its leading global brands, InterContinental...
FE REPORT | 2022-07-15 00:00:00
Turnover on Dhaka Stock Exchange (DSE) dropped below Tk 6.0 billion-mark Thursday, hitting a seven-week low, as investors were reluctant to put fresh funds in stocks amid persistent macroeconomic worries.Turnover, the crucial indicator of the market, fell 17 per cent...
Shihab Sarkar | 2022-07-15 00:00:00
As the Russia-Ukraine war rages unabated, with Ukraine abruptly turning real aggressive with its mortar shells fiercely hitting the enemy targets, the European flashpoint turns grimmer by the day. Regional watchers of the protracted conflict have at long last come...
An automated toll collection system is the need of the hour for the recently inaugurated Padma Bridge. For want of such a system and lack of adequate toll collection booths, people are experiencing long tailbacks on both the sides of...
During a recent visit to Cox's Bazar sea beach, I spotted some people, who were busy picking up empty plastic bottles, juice boxes, chip packs and other waste materials thrown on the beach by daily visitors. What caught my attention...
Bangladesh has recently ranked seventh among the world's angriest, saddest, and most stressed nations, according to the 2022 Global Emotions Report. Another survey conducted by Aanchal Foundation says that a total of 61.2 per cent of youths (aged between 18...
Zahid Huq | 2022-07-15 00:00:00
The edible oil prices in the international market after reaching their record levels in May last, started declining and those are now about to return to 2020 levels. Traders are hopeful about a further slide in edible oil prices in...
Nilratan Halder | 2022-07-15 00:00:00
Two flagship bridges of riverine Bangladesh, the Padma Bridge and Bangabandhu Setu, have revolutionised the country's communication. Of the two, the latest to have been opened to traffic is the bridge on the mighty river Padma known for its treacherous...
Amid gloomy developments such as high inflation, falling reserves and Covid resurgence, the workforce export has emerged as a silver lining on the horizon. Bangladesh, according to a report published in this paper on Thursday last, sent nearly 1.0 million...
FE Education Desk | 2022-07-14 12:00:00
Every year, during the winter and fall admission season, a swarm of Bangladeshi youngsters apply to pursue their undergraduate studies abroad. In 2019-2020, just before the pandemic- Covid-19 had hit the streets, around 8,800 students applied to the US alone....
Rassiq Aziz Kabir | 2022-07-14 12:00:00
Fulbright scholarships are regarded as prestigious global scholarship programmes. The scholarships do not represent a monolith and are of many different types, with FLTA or Foreign Language Teaching Assistant programme being notable among them. The FLTA programme is sponsored by...
Noshin Nawar | 2022-07-14 12:00:00
Given the need for problem-solving and automation across industries, business professionals are eager to learn coding to boost efficiency. Coding is no longer a skillset reserved only for professionals working in fields related to computer science. The integration of coding...
Russia and Myanmar are to deepen their defence cooperation after a meeting in Moscow between Myanmar's military leader, Min Aung Hlaing, and top Russian defence officials, Russia's Defence Ministry said on Tuesday, reports Reuters.The ministry said in a statement that...
The euro's tumble to parity against the dollar has pushed the European Central Bank back against a wall, leaving its policymakers with only painful and economically costly choices, reports Reuters.Letting the currency fall further would push up already record-high inflation,...
BEIJING, July 13 (AFP): China's export growth surged more than expected in June after its largest city eased lockdown rules, official data showed Wednesday, but imports fell while lingering Covid controls kept consumers jittery.Business hub Shanghai reopened in June after...
TOKYO, July 13 (Reuters): Japan's Fast Retailing, home of Uniqlo, is expected to report quarterly profit grew 11 per cent overall on Thursday, but investors' focus will be on whether China is recovering and how domestic consumers are faring with...
WASHINGTON, July 13 (Reuters): US consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the largest annual increase in inflation in 40-1/2 years and cementing the case for the Federal Reserve to hike interest rates...
A teenage boy has died after being crushed in a stampede triggered by a rush to collect the meat of sacrificial animals from a house in Dhaka's South Keraniganj, reports bdnews24.com.Several others were injured in the incident that took place...
MUNIMA SULTANABangladesh and Japan are set to sign a fresh memorandum of cooperation (MoC) for the next five years during the next joint platform meeting to carry out the development in investment opportunities of over US$ 8.0 billion created in...
FE REPORTDhaka metropolis remained in holiday mode on Wednesday with a poor presence of people at the workplace as many holidaymakers are yet to return from their roots after Eid-ul-Azha celebrations.Public, autonomous and private offices, including banks and financial institutions,...
FE REPORTThe daily Covid-19 caseload jumped to 1,027 in Bangladesh on Wednesday from the previous day's 656.On the other hand, the number of fatalities from the coronavirus declined to five on the day against nine on Tuesday, according to the...
FE REPORT | 2022-07-14 00:00:00
International cards (debit and prepaid) to be issued by the authorised dealers (ADs) can be used for online payments of visa- processing fees, the central bank said on Wednesday. The foreign exchange policy department of the Bangladesh Bank (BB) explained...
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