Prime Minister Sheikh Hasina Tuesday invited the businessmen of the United States with the assurance of best possible policy framework to take up the investment friendly atmosphere here in Bangladesh, report agencies."With strong prospect, I will now assure you of...
MUNIMA SULTANA | 2022-05-11 00:00:00
Members of the parliamentary standing committee on railways ministry intend to visit different countries to see railway-sector development in order to play their roles as a watchdog.The proposal for the post-Eid visit to Korea, China or Japan was placed for...
Stocks fall after two-day riseStocks slipped into the red on Tuesday, snapping a two-day gaining streak, as the risk-averse investors opted for booking profit on quick-gaining issues in the final hour. Following the previous two days' gain, the market opened...
FE REPORT | 2022-05-11 00:00:00
Edible-oil supply increased to some extent, but its scarcity still prevailed in the city groceries on Tuesday - the sixth day since the government hiked soybean oil price by a record margin to Tk 198 a liter. Most of the...
SYFUL ISLAM | 2022-05-11 00:00:00
Price spiral and consequent hefty subsidy requirements turn a top concern for the authors of next fiscal budget, sources said, prompting thoughts on a fresh hike in key utilities' rates.Finance ministry officials Monday submitted a budget outline to Prime Minister...
COLOMBO, May 10 (Agencies): Sri Lanka gave emergency powers on Tuesday to its military and police to detain people without warrants, after a day of clashes that killed seven people and injured more than 200, in violence that prompted Prime...
JASIM UDDIN HAROON | 2022-05-11 00:00:00
Local exporters are worried over the latest political turmoil in Sri Lanka, as around 40 per cent of the country's apparel shipments use the port of Colombo as the key transshipment hub to reach the US and European ports. Curfew...
FE REPORT | 2022-05-11 00:00:00
A robust rebound from pandemic shocks powers Bangladesh's economy to grow 7.25 per cent in the outgoing fiscal year as per an official estimation shown Tuesday.The provisional data prepared by the Bangladesh Bureau of Statistics (BBS) also show a remarkable...
FE REPORT | 2022-05-11 00:00:00
The super cyclonic storm Asani was unlikely to hit Bangladesh directly but it started causing heavy to severe rainfall in the coastal regions which might continue for next three days.However, Bangladeshi and Indian Met offices predicted that the storm could...
Siddique Islam | 2022-05-11 00:00:00
The central bank tightens the letter of credit (LC) rules, doubling the margin for all imports, save some essentials, to ease import-payment pressure on the economy, officials say. Under the latest move, the Bangladesh Bank imposed a prohibitive 50-percent cash...
Light to moderate rain/thunder showers with lightning flashes and temporary gusty/squally wind is likely to occur at most places over Rajshahi, Mymensingh, Dhaka, Khulna, Barishal, Chattogram and Sylhet divisions in the next 24-hour from 06:00 am today (Wednesday), according to...
FE REPORT | 2022-05-11 00:00:00
The Anti-Corruption Commission (ACC) on Tuesday sued two other accomplices of former banker Prashanta Kumar (PK) Haldar separately for their alleged complicity in embezzling Tk 34.80 million.Cases were filed against Swapan Kumar Mistry, chairman of Neutral Ltd, and his wife...
FE Report | 2022-05-11 00:00:00
The Anti-Corruption Commission (ACC) on Tuesday filed two separate cases against 15 people including three government contractors for their involvement in embezzling over Tk 400 million from United Commercial Bank Ltd (UCBL) using work order of Chittagong City Corporation (CCC).According...
The 21st Convocation of the East West University (EWU) was held on its own campus in the city on Tuesday, says a statement. As the representative of the President, Education Minister Dr Dipu Moni, MP, conferred degrees on the students....
A US$20 million ecosystem project has been launched to protect critical forests and wetland areas in Bangladesh from degradation, reports UNB.Planning Minister MA Mannan and USAID Deputy Administrator for Policy and Programming Isobel Coleman jointly launched the new five-year project.The...
FE REPORT | 2022-05-11 00:00:00
The Appellate Division of the Supreme Court on Monday stayed a bail order granted by the High Court to Md Monir Hossain, known as Golden Monir, in a money laundering case. Chamber judge of the apex court Justice Borhanuddin passed...
A court in the city on Tuesday set June 5 for holding a hearing on charge- framing against BNP chairperson Begum Khaleda Zia and 17 others in Gatco graft case, reports UNB.Judge Ali Hossen of Dhaka Special Judge Court-3 re-fixed...
RANGPUR, May 10 (BSS): Information and Broadcasting Minister Dr. Hasan Mahmud today said the probe is going on into the incident of opening gunfire by Secretary General of Liberal Democratic Party (LDP) Dr. Redwan Ahmed in Cumilla."The incident should be...
Three associate and brotherly organisations -- Bangladesh Chhatra League, Jubo Mohila League and Mohila Awami League of ruling Awami League (AL) have been asked to hold councils as early as possible, reports BSS.AL General Secretary and Road Transport and Bridges...
BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday said the present Awami League government will end up facing even worse consequences than that of embattled Sri Lanka, reports UNB. "This government won't take a lesson from the persisting situation...
Awami League General Secretary Obaidul Quader on Tuesday reiterated that the next general elections would be held in line with the provisions of the Constitution, issuing a fresh warning to the BNP that there is no scope of bargaining to...
HONG KONG, May 10, 2022 (AFP) - Asian equities mostly sank Tuesday and oil prices tumbled following a rout on Wall Street as anxieties were fanned over rising US interest rates, surging inflation and the impact of China's prolonged Covid...
When Royal Dutch Shell sold off its stake in the Umuechem oil field in Nigeria last year, it was, on paper, a step forward for the company's climate ambitions: Shell could clean up its holdings, raise money to invest in...
Islami Bank Training and Research Academy (IBTRA) launched a month-long Entrepreneurship Development Program at Chattogram Regional Center on Tuesday. Mohammed Monirul Moula, Managing Director and CEO of the bank inaugurated the workshop virtually as chief guest. Arif Hossain Khan, General...
Reza Ahmad has been appointed as the Chief Investment Officer of IDLC Finance Limited and the Lead Director of IDLC Investments Limited. Reza Ahmad brings with him, an extensive experience in the Banking Industry, with over 22 years of corporate...
Mr. Rubayet-E-Ferdous has recently joined as the Chief Executive Officer (CEO) of Shanta Equity Limited (a full-fledged Merchant Bank),a concern of Shanta Group, said a statement.Prior to joining Shanta Equity, he worked for IDLC Investments Limited, a leading merchant bank...
Mr. Arif Quadri, Managing Director & CEO of United Commercial Bank Limited (UCB) handing over the Congratulations Crest to Mr. Abdul Haque, Managing Director of Haq's Bay Automobiles Ltd. and former president of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI)...
Mr. Mohd. Safwan Choudhury has been re-elected as Vice Chairman of Bank Asia Ltd., at the 473rd meeting of the Board of Directors of the Bank held recently. He is a former President of Sylhet Chamber of Commerce & Industry....
Shahjalal Islami Bank Limited celebrated its 21st anniversary Tuesday. On the occasion of 21st anniversary of the bank, special Doa mahfil & Quran Khatam was organized on the day at all branches and sub-branches including the corporate head office. Doa...
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