Awami League (AL) General Secretary Obaidul Quader has said the government is working to make the country's electoral system more democratic and modernised, reports BSS."The best way to express the people's opinion is election, and the Awami League government is...
WASHINGTON, July 06 (AFP): The massive US services sector saw growth hold mostly steady in June, while price gains pulled back from their blistering pace but remained high, according to an industry survey released Wednesday.Although business activity increased, new orders...
MUMBAI, July 6 (Reuters): India's palm oil imports in July are set to jump to the highest in 10 months because of a hefty correction in prices and as Indonesia allows more exports of the tropical oil, four dealers told...
PARIS, July 6 (Reuters): Shares in French power group EDF spiked by as much as 8% on Wednesday after French Prime Minister Elisabeth Borne told parliament the state aimed to fully nationalise the debt-laden utility in which it already holds...
HONG KONG, July 6 (AFP): Equities mostly fell in Asia on Wednesday and the euro wallowed at a 20-year low as recession fears flowed through markets, while political uncertainty hit the pound as UK Prime Minister Boris Johnson suffered a...
HONG KONG, July 5 (Reuters): Taiwan's largest pension fund is seeking to hire global asset managers to run a bond portfolio totalling $3 billion.The Bureau of Labour Funds, administering $5.8 trillion ($190 billion) worth of Taiwanese pension assets, started to...
NEW YORK, July 6 (Reuters): Hedge fund manager Bridgewater Associates' flagship Pure Alpha 18 per cent volatility fund gained 32.2 per cent in the first half of the year, according to a source familiar with the matter, beating sharp market...
The Money Laundering and Counter Terrorism Financing Division of Jamuna Bank Limited, Head Office, organised a workshop titled 'Effective Compliance of Money Laundering and Terrorist Financing Risk' at the bank's training academy recently. Muhammad Mohsin Hossaini, Additional Director, BFIU, and...
Citizens Bank PLC signed an agreement with Credit information Bureau (CIB) of Bangladesh Bank for registration in CIB Online System recently. Mohammad Masoom, Managing Director and CEO of Citizens Bank, and Anis Ur Rahman, Director of Credit Information Bureau, Bangladesh...
Eastern Bank Limited (EBL) and Labaid Limited signed an agreement at EBL head office in Dhaka recently. M. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking, Nahid Farzana, Head of Cards of Eastern Bank, Manish Mishra,...
The 27th annual general meeting (AGM) of Social Islami Bank Limited (SIBL) was held on Wednesday on a virtual platform. Dr. Md. Mahbub Ul Alam, Chairman of the board of directors, presided over the meeting. Managing Director & CEO Zafar...
The 40th annual general meeting (AGM) of AB Bank Limited was held on Wednesday. Chairman of the board Muhammad A. (Rumee) Ali, presided over the meeting. Tarique Afzal, President & Managing Director, directors of the board and a good number...
Sustainable Waste Management has become a major concern throughout the world today and as Asia's leading bank for sustainable finance, HSBC is focused on continuously supporting its customers in transitioning towards a circular economy and adopting best practices, reports BSS.In...
On the occasion of Eid-ul-Azha, Mutual Trust Bank Limited (MTB) in association with Bangladesh Bank and Dhaka North City Corporation (DNCC) has recently inaugurated Smart Haat at Aftabnagar in Dhaka to facilitate digital payment in cattle purchase, says a press...
Mobile financial service provider upay has started disbursement of education stipends to the nominated upay accounts of the students/ parents or guardians, said a statement.The primary school children have received stipends in their nominated upay accounts under the Primary Education...
Disbursement of dividend Pubali Bank Ltd: The company has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.National Housing Finance & Investment Ltd: The company has disbursed the cash dividend for the year ended...
CFA Society Bangladesh elected new office bearers for 2022-2024. Mr. Md. Shaheen Iqbal, CFA has been appointed as the President of the Society; Mr. Md. Moniruzzaman, CFA as Vice-President; Mr. Ali Imam, CFA as the Treasurer and Mr. Md. Iqbal...
Rukhmila Zaman, Managing Director of Aramit Group, was unanimously re-elected as the Chairman of United Commercial Bank Limited in the 472nd Board Meeting held on Wednesday at the Corporate Office of UCB, said a statement. Bashir Ahmed has been elected...
eGeneration, only Gold partner of SAP in the country, has been awarded the "Bangladesh Partner of the Year 2021" by SAP at the SAP Partner Success Summit 2022 held on Tuesday in Goa, India.The award was given in recognition of...
FE Report | 2022-07-07 00:00:00
Jewellers on Wednesday reduced the gold price on the local market in alignment with the global market.The highest standard or 22-carat per 10 gram gold will be sold at Tk67,200 which was Tk 68,200 previously.The new price will be effective...
FE REPORT | 2022-07-07 00:00:00
The government has fixed Tk 77,990 as the cost of migration for each worker bound for Malaysia, said expatriates' welfare and overseas employment minister Imran Ahmad on Wednesday.The cost covers the recruiting agency's service charge (equivalent to one month's wage...
FE REPORT | 2022-07-07 00:00:00
The stock market regulator has approved the initial public offering (IPO) proposal of Chartered Life Insurance Company which will raise a capital worth Tk 150 million under the fixed price method.The approval came Wednesday at a meeting held at the...
FE REPORT | 2022-07-07 00:00:00
Stocks slipped into the red on Wednesday, after a single-day break, amid bearish sentiment of investors due to global fuel price hike and possible impact on the country's economy.The market opened on a positive note and the key index rose...
The 10th Shariah Supervisory Board meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held on Tuesday. The meeting, presided over by Maulana Sayed Kamaluddin Abdullah Zafree, has reviewed the Shariah-related activities for the last...
ONE Bank Limited signed an agreement with ShareTrip Limited recently. Under the agreement, both parties will work together to facilitate customers to purchase air ticket and book hotels conveniently. OK Wallet customers can enjoy up to 10 per cent discount...
PARIS, July 6 (Reuters): Europe's Airbus has raised the stakes in a dispute with Qatar Airways over damage to the painted surface of long-haul A350 jets by revoking the contract for a fourth airplane, three people familiar with the matter...
Hossain Mahmud has been elected Chairman of Islamic Finance and Investment Limited (IFIL) while SM Bakhtiar Alam and KBM Moin Uddin Chisty have been elected Vice Chairmen of the company, says a press release. They were elected at the 311th...
Switzerland has shown its keen interest to invest in the climate-vulnerable areas of Bangladesh to reduce the risk of natural disasters, reports UNB. Ambassador of Switzerland to Bangladesh Nathalie Chuard conveyed the interest during a courtesy call on Fisheries and...
Continuing struggle for the top form has meant that former Team India skipper Virat Kohli has dropped out of Top 10 in ICC Test Rankings for the first time in 6 years, report agencies.Virat Kohli only managed to score only...
BIRMINGHAM, United Kingdom, July 06 (Agencies): England have seen massive growth in Test cricket since the reconstruction of their think tank. England, who had won just one of seventeen games since their India tour in 2021, have emerged victorious in...
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