Awami League (AL) Joint General Secretary Mahbubul Alam Hanif on Wednesday said the ruling Awami League should come to power once again as it always works for the development of the country and the welfare of its people, reports BSS."Ziaur...
Prime Minister's ICT Affairs Adviser Sajeeb Wazed Joy has said Padma Bridge is not just an engineering masterpiece but a symbol of pride and dignity of Bangladesh as well, reports UNB."All the people of this country equally share this glory....
Chief Election Commissioner Kazi Habibul Awal on Wednesday said the elections to Cumilla City Corporation, five municipalities and more than 120 Union Parishads in different districts were held in a fair and peaceful manner, reports UNB."Our overall opinion is that...
BNP standing committee member Dr Khandaker Mosharraf Hossain speaking at a meeting demanding unconditional release and medical treatment of the party chairperson Khaleda Zia abroad, organised by the Jatiyatabadi Swechchhasebak Dal in front of the National Press Club in the...
BNP Chairperson Khaleda Zia, who is undergoing treatment at Evercare Hospital in the city, was shifted to a cabin from the Coronary Care Unit (CCU) on Wednesday, reports UNB."Madam (Khaleda) has been transferred to a cabin from the CCU in...
THAKURGAON, June 15 (UNB): BNP Secretary General Mirza Fakhrul Islam Alamgir on Wednesday alleged that many activities of Finance Minister AHM Mustafa Kamal have no link with the constitution and ethics."He (Kamal) proposed legalising the laundered money. His own firm...
Information and Broadcasting Minister Dr Hasan Mahmud on Wednesday said no new act is being adopted for journalists, reports BSS.The minister stated this while replying to a query from journalists at the meeting room of his ministry in the city.Earlier,...
Prime Minister Sheikh Hasina on Wednesday asked the security forces to be on alert saying that a quarter is targeting to thwart the much-awaited inauguration of Padma Bridge on June 25, reports UNB."We've completed the work (Padma Bridge construction) throwing...
The Premier Bank Limited has relocated Satarkul and Keraniganj SME branches. Mohammed Emtiaz Uddin, SEVP and Head of SME & Agriculture Division, inaugurated the relocated SME branch at Holding No. 238, 1st floor, Abdullabagh Mor, Satarkul Road, Badda, Dhaka. Mohd...
IFIC Bank Ltd, in association with the Bangladesh Financial Intelligence Unit (BFIU) recently organised a virtual training on prevention of "Trade-Based Money Laundering and Credit Backed Money Laundering". Syed Mansur Mustafa, Deputy Managing Director & Head of International Division and...
The 31st board meeting of Community Bank Bangladesh Limited was held at the Police Headquarters in Dhaka on Tuesday. The meeting was chaired by Dr. Benazir Ahmed BPM (Bar), Inspector General of Police, Bangladesh and Chairman, Community Bank Bangladesh Limited....
Disbursement of dividendThe Premier Bank Limited: The bonus shares of the company for the year ended on 31 December 2021 have already been credited through CDBL to the respective shareholders' BO A/Cs and it has also disbursed the cash dividend...
The 23rd Annual General Meeting of First Security Islami Bank Limited was held on Wednesday on digital platform. The meeting was presided over by Mr. Mohammed Abdul Maleque, Vice Chairman, Board of Directors of First Security Islami Bank Limited. Among...
Mercantile Bank Limited signed a Memorandum of Understanding (MoU) with Chemist Laboratories Limited for Salary Accounts and Cash Management Services on Tuesday. The MoU was signed by Adil Raihan, Deputy Managing Director and CSBO of the Bank, and Md. Lutfar...
The 21st Annual General Meeting of Jamuna Bank Limited was held at RAOWA Convention Hall, Mohakhali, Dhaka on Tuesday. Al-Haj Nur Mohammed, Chairman of the Board of Directors of Jamuna Bank and Chairman of Jamuna Bank Foundation, presided over the...
Md. Abul Hossain, Managing Director, Investment Corporation of Bangladesh (ICB), greeted Abdur Rouf Talukder, Senior Secretary, Department of Finance Division of Ministry of Finance, on his appointment as the Governor of Bangladesh Bank.
The Senior Management Team of AB Bank, the first private sector bank of the country, recently visited its Mymensingh Branch to oversee the Customer Support and Remittance Service of the branch which was relocated recently
Guardian Life has declared an attractive bonus of Tk 60 per 1000 Taka for its participatory policyholders for the year 2021, says the company in a statement. Guardian believes that consistency is the main basis of success, hence they have...
The mobile financial service provider 'upay' has signed an agreement with BURO Bangladesh, helping the 'not for profit' non-government organisation to collect loan instalments from their customers through 'upay', says a press release of UCB Fintech Company Ltd (upay).Besides, the...
FE Report | 2022-06-16 00:00:00
The country's private jute millers sought reduction of advance source tax on export earnings in the proposed budget. Currently, exporters pay 0.5 per cent advance source tax on their export earnings. However, the government has proposed for 1.0 per cent...
Green Delta Capital Limited (GDCL) has recently signed an issue management agreement with Thai Foils & Polymer Industries Limited, a concern of Al-Mostafa Group. Under this agreement, Green Delta Capital Limited has become the mandated Issue Manager for the upcoming...
FE REPORT | 2022-06-16 00:00:00
Stocks ended marginally higher on Wednesday, snapping a four-day losing streak, as bargain hunters showed their buying interest on lucrative issues after recent price erosion.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 13.12 points or...
FE REPORT | 2022-06-16 00:00:00
The stock market regulator has allowed Global Islami Bank to raise Tk 4.25 billion from the capital market, which will be the second largest initial public offering (IPO) in the banking sector.The approval came on Wednesday at a meeting held...
FE Report | 2022-06-16 00:00:00
The state minister for planning Dr. Shamsul Alam has supported merchant bankers' demand of whitening undisclosed money in the capital market.The state minister echoed the merchant bankers' demand on Wednesday at a post-budget press conference jointly held by Bangladesh Merchant...
FE REPORT | 2022-06-16 00:00:00
Participants at a workshop have sought a conducive atmosphere for better merger and acquisition (M&A) transactions of corporates. The stakeholders have also underscored the need for a greater and trustworthy role of the country's M&A intermediaries, to help improve practices...
SYDNEY, June 15 (AFP): Australia raised the minimum wage by over five per cent on Thursday, a slower-than-inflation increase as prices for basic goods soar.The Fair Work Commi-ssion set the new minimum rate at Aus$21.38 an hour, a 5.2 per...
LONDON, June 15 (Reuters): Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals.The world's largest cryptocurrency fell as much...
Central Committee of Swadhinata Bankers Parishad announced its Sonali Bank unit committee on Tuesday. Alauddin Tushar was named president and Mozammel Haque Lenin retained general secretary for the next two years, said a press release. Swadhinata Bankers Parishad Central Committee...
NEW YORK, June 15 (Reuters): The average interest rate on the most popular US home loan climbed to its highest level since the 2008 financial crisis and purchase applications were down more than 15 per cent from last year, Mortgage...
STOCKHOLM, June 15 (Reuters): IKEA said on Wednesday it would sell factories, close offices and reduce its nearly 15,000-strong workforce in Russia, the latest move by the world's biggest furniture brand to cut its operations there following Moscow's invasion of...
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