TOKYO, June 26 (Reuters): Toyota Motor shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range.Toyota,...
RIYADH, June 26 (Arab News): Saudi Venture Investment Co. has invested in a global specialty lending fund that focuses on offering venture debt instruments to high-growth startups, small and medium enterprises in sectors, such as technology, fintech, healthcare and life...
The 22nd AGM of the Asia Pacific General Insurance Co. Ltd was held virtually on a digital platform recently. Chairman of the company Aftabul Islam, FCA presided over the meeting. Chief Executive Officer Bidhu Bhuson Chakraborty and Company Secretary Md....
BRAC Bank organised a customer meet at BRAC Learning Center in Rajshahi recently. Kazi Sayedur Rahman, Deputy Governor, Bangladesh Bank, attended the programme as the chief guest. Jiban Krishno Roy, Executive Director, Bangladesh Bank; and Md. Shaheen Iqbal, CFA, Deputy...
Spot tradingMIDAS Financing: Trading of the shares of MIDAS Financing Ltd will be allowed only in the spot market from today (Monday) to June 28, 2022 as the record date of the company is on June 29, 2022.Board meetingTallu Spinning...
A group of teachers from Chittagong University of Engineering and Technology (CUET) visited GPH Ispat plant situated at Kumira, Chittagong on Saturday. Mohammad Almas Shimul, Additional Managing Director, GPH Ispat, seen with the CUET teacher delegation.
The 23rd Annual General Meeting (AGM) of Exim Bank was held on Sunday on virtual platform from the head office of the Bank. Chairman of the Board of Directors of the Bank Md. Nazrul Islam Mazumder presided over the meeting....
Mr. Habibur Rahman has recently joined South Bangla Agriculture and Commerce (SBAC) Bank Limited as the AMD. Prior to joining SBAC Bank, he was DMD of United Commercial Bank (UCBL). He started his banking career in 1996 by joining Grindlays...
Midland Bank Limited (MBL), a 4th generation private commercial bank in the country, completed nine years of its commercial operation.On the occasion, the bank introduced a two new deposit schemes for its customers through a simple ceremony at the bank's...
Abdul Haque, a pioneer businessman of the country's reconditioned car imports trade, has been conferred 'The Order of the Rising Sun, Gold Rays with Rosette' at a conferral ceremony held at Japan Embassy in Dhaka, says a press release.Ito Naoki,...
First Security Islami Bank Limited (FSIBL) has recently organised a programme on 'SME, Agriculture and Women Entrepreneur Investment Distribution and Assistance' under the corporate social responsibility (CSR) at the Bangabandhu International Conference Centre in the city, said a press release.Bangladesh...
Arla Foods Bangladesh Limited, the local subsidiary of European dairy cooperative Arla Foods, extends their support to aid to the flood-affected people. Arla Foods Bangladesh Limited has recently donated Dano powder milk for 0.3 million (three lakh) flood-affected people, said...
FE Report | 2022-06-27 00:00:00
State-owned commercial bank Janata Bank Limited (JBL) looks to adopt a higher cautious policy while selecting borrowers in the coming days to help increase profitability.The bank will also prioritise agriculture, power and CMSME sectors to provide with loans in line...
FE REPORT | 2022-06-27 00:00:00
UK-based Dawn Global Management Ltd has expressed its interest to provide necessary technical support and training in knowledge transfer for launching the country's first exchange-traded funds (ETFs).A five-member team led by Maurits Pot, founder & CEO of Dawn Global Management,...
FE REPORT | 2022-06-27 00:00:00
The stock market slipped into the red on Sunday, with turnover hitting 30-day low, as most investors were reluctant to put fresh funds in stocks amid persistent macroeconomic worries.Turnover, a crucial indicator of the market, stood at Tk 5.94 billion...
As part of its mission to help flood victims, a team of Yamaha Riders Club distributed cooked food, dry food and emergency medicines among 2,000 people in different areas of Sunamganj recently. At the same time, a medical team also...
M Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of Eastern Bank Ltd. (EBL), and Keshav Gupta, Senior Vice President of Yashoda Group of Hospitals, Hyderabad, India, exchange documents after signing an agreement in Dhaka recently....
The Barishal Branch of Shahjalal Islami Bank Ltd. started banking activities at the new address -- Younus Plaza, 444 KB Hemayet Uddin Road, Barishal sadar -- on Sunday. Managing Director & CEO of the bank M Shahidul Islam along with...
Modhumoti Bank Limited opened its 47th branch at Bogura on Sunday. Md Shafiul Azam, Managing Director & CEO of the bank, inaugurated the branch as the chief guest. Md Masudur Rahman Milon, President of Bogura Chamber of Commerce & Industry...
RIYADH, June 26 (Arab News): Egypt has launched a digital platform for petroleum products and natural gas, as the country moves ahead on the path toward digital transformation, Daily News Egypt reported. Announcing the launch of the initiative, Tarek El...
KUALA LUMPUR, June 26 (Reuters): Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help temper the effects of rising prices, its finance minister said on...
The first ever Mobile Congress Bangladesh (MCB) will be held at the International Convention City Bashundhara (ICCB) in the capital from September 29 to October 1, reports UNB.The Association of Mobile Telecom Operators of Bangladesh (AMTOB) and RedCarpet365 Ltd. will...
To help the people affected by the devastating flood, bKash has set up free health camps in 10 areas of Sylhet Sadar, Sunamganj Sadar, Gowainghat, Chhatak, Derai, Nabiganj, Bishwanath, and Baniachong. In these camps, a large number of people are...
NAZIMUDDIN SHYAMOL | 2022-06-27 00:00:00
CHATTOGRAM, June 26: The Chattogram City Corporation (CCC) has announced an over Tk 21.61 billion (Tk 2,161 crore) budget for the next financial year (fiscal year 2022-23 or FY '23). Announcing the budget on Sunday, the CCC mayor stated that...
The participation of Bangladeshi companies in 'Techtextil 2022' for the first time has opened the door to export high-value technical textile products in the US$200 billion global technical textile market, reports BSS.Techtextil and Heimtextil fairs were held from June 21...
FE Report | 2022-06-27 00:00:00
Holistic reform of the National Board of Revenue (NBR), appointing knowledgeable persons, is needed to earn mammoth targeted revenue to finance Tk6.78-trillion national budget for the financial year (FY) 2022-2023, experts observed. They viewed that such constructive change will not...
QUITO, June 26 (AP): Ecuadorian President Guillermo Lasso on Saturday lifted a state of emergency he'd imposed in six provinces amid an Indigenous-led strike, a surprise move that came as lawmakers in the National Assembly heard an opposition petition to...
PARIS, June 26 (AFP): French President Emmanuel Macron on Saturday "confirmed" his confidence in Prime Minister Elisabeth Borne in an interview with AFP, after the premier came under fire for a wooden performance in an election that saw her boss...
TEL AVIV, June 26 (AP): Israeli Prime Minister Naftali Bennett convened what is likely his last Cabinet meeting as premier on Sunday, with parliament expected to dissolve itself this week, triggering new elections in the fall.Bennett's decision to head to...
ISTANBUL, June 26 (AFP): Turkey's President Recep Tayyip Erdogan signalled on Saturday that no progress had been made in Sweden's bid to join NATO, urging Stockholm to take "concrete actions" to meet Ankara's concerns, his office said.In a phone call...
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