FE Today Logo

Search results for:


Clashes between police, Bihari camp residents in Siddhirganj, 15 injured

2022-06-14 00:00:00

At least 15 people have been injured in clashes between police and residents of a Bihari settlement in Narayanganj's Siddhirganj, reports bdnews24.com.On Monday, agitators took up positions in front of Siddhirganj Police Station to demand the release of 32 people...

Sabotage behind recent fire incidents: Hasan

2022-06-14 00:00:00

Information and Broadcasting Minister Hasan Mahmud said it is becoming clearer that sabotage was behind the recent fire incidents including at BM Container Depot and a moving train, reports UNB. The minister said this while replying to journalists at the...

SHUJAN asks EC to take action against MP staying in CCC poll area

FE REPORT | 2022-06-14 00:00:00

Shushashoner Jonnya Nagorik (SHUJAN) called upon the Election Commission (EC) on Monday to take legal action against those who violates election code of conduct during Cumilla City Corporation (CCC). "If anyone violates the code of conduct, the EC has the...

127th Board meeting of Union Insurance Co. held

2022-06-14 00:00:00

The 127th Board meeting of Union Insurance Co. Ltd. was held at own premises of Agrabad Branch, Chattogram. Founder Chairman Mr. Mozaffar Hossain Paltu presided over the meeting. Vice Chairman Mohammad Hasmot Ali, Chairman of Executive Committee Md. Azizur Rahman,...

Md Abdus Salam Azad speaks as the chief guest -

2022-06-14 00:00:00

Janata Bank Limited Managing Director and CEO Md Abdus Salam Azad speaks as the chief guest at the conference of Chattogram divisional branch managers of the bank held in the port city recently

Md Ataur Rahman Prodhan congratulates Abdur Rauf Talukder

2022-06-14 00:00:00

Md Ataur Rahman Prodhan, CEO & Managing Director of Sonali Bank Limited, congratulates Abdur Rauf Talukder, Senior Secretary of the Finance Ministry, with a bouquet on his appointment as the Governor of Bangladesh Bank, on Monday

Global advertising to grow by 8.4pc

2022-06-14 00:00:00

NEW YORK, June 13 (Reuters): The global advertising industry is expected to grow 8.4 per cent this year, despite ongoing geopolitical situations around the world and fears of a recession, a report on the sector said on Monday.That figure excludes...

Amazon offers to share data, boost rivals to dodge EU antitrust fines

2022-06-14 00:00:00

BRUSSELS, June 13 (Reuters): Amazon has offered to share marketplace data with sellers and boost the visibility of rival products on its platform, trying to persuade EU antitrust regulators to close their investigations without a fine by the end of...

Prime Bank revamped mobile banking app and launched MyPrime

2022-06-14 00:00:00

Prime Bank has revamped its mobile banking app and launched MyPrime. Hassan O. Rashid, Managing Director & CEO of Prime Bank, unveiled the UI of MyPrime app at an event held at a city hotel recently. Customers can enjoy banking...

National Life Insurance Company settled insurance claim worth Tk 27.80 million

2022-06-14 00:00:00

National Life Insurance Company Limited settled insurance claim worth Tk 27.80 million at Nanking Darbar Hall, Rajshahi recently. Chief Executive Officer of the company Md Kazim Uddin distributed cheques among the recipients as the chief guest.

Exim Bank provided an air-conditioned bus to Bangladesh Biman

2022-06-14 00:00:00

Exim Bank has provided an air-conditioned bus to Bangladesh Biman to facilitate transport for hajj pilgrims during Hajj season. Exim Bank's Managing Director and CEO Dr. Mohammad Haider Ali Miah handed over the dummy key to GM (Transport) of Bangladesh...

News Briefs (2022-06-14)

2022-06-14 00:00:00

Sell confirmationIntraco Refueling Station: Intraco CNG Ltd, a placement holder of the company where Mr. Mohammed Riyadh Ali, Monowara Hakim Ali and Mohammed Irad Ali are the sponsor directors and sponsors respectively of Intraco Refueling Station Limited and also the...

Public Relations Association of Banks organises summer festival

2022-06-14 00:00:00

Public Relations Association of Banks (PRAB) organised Summer Festival-1429 at a convention centre in the capital recently, says a press release.PRAB is an organisation consisting of officers working in the public relations, branding and communication departments of all the scheduled...

DBI-DIU course on 'Business Data Analysis' begins

2022-06-14 00:00:00

The inaugural ceremony of the first batch of an online certificate course on 'Business Data Analysis & Financial Forecasting', jointly organised by DCCI Business Institute (DBI) and Daffodil International University (DIU), was held virtually recently, says a press release.Speaking as...

Budget to encourage new investment in shipping business: SCB

2022-06-14 00:00:00

Md. Rezaul Karim, chairman of Shippers' Council of Bangladesh (SCB) said in the proposed budget for the fiscal 2022-2023, tax exemption has been extended till 2030 to encourage the movement of Bangladeshi flag ships. This will encourage new investment in...

BD Paints makes debut on SME Platform today

FE REPORT | 2022-06-14 00:00:00

Trading of the shares of BD Paints will commence today (Tuesday) on the SME Platforms of Dhaka Stock Exchange and Chittagong Stock Exchange.BD Paints is the 13th listed firm in the DSE SME Platform. Only qualified investors (QI) are allowed...

Core index hits below 6400-mark

FE REPORT | 2022-06-14 00:00:00

Stocks tumbled further on Monday, with the key index of the prime bourse falling below 6,400-mark after eight sessions, as the proposed budget failed to meet investors expectations.Instability of exchange rate and worries on the runaway inflation due to the...

DSE for widening tax gap between listed, non-listed companies

FE Report | 2022-06-14 00:00:00

Dhaka Stock Exchange (DSE) has urged the government to widen the gap between the rates of corporate tax paid by listed and non-listed companies.The premier bourse DSE said the gap between the rates of corporate tax paid by listed and...

Cryptocurrency market value slumps under $1.0 trillion

2022-06-14 00:00:00

LONDON, June 13 (Reuters): The value of the cryptocurrency market on Monday fell below $1 trillion for the first time since January 2021, according to data site CoinMarketCap, reaching as low as $926 billion.The global cryptocurrency market peaked at $2.9...

BoE to raise rates 25 bps in June

2022-06-14 00:00:00

LONDON, June 13 (Reuters): The Bank of England (BoE) will raise interest rates in June by a modest 25 basis points and stick to those increments in coming meetings despite inflation running close to double-digits, a Reuters poll of economists...

112th meeting of the Executive Committee of Modhumoti Bank held

2022-06-14 00:00:00

The 112th meeting of the Executive Committee of Modhumoti Bank Limited was held using Zoom technology recently, with EC Chairman Barrister Sheikh Fazle Noor Taposh in the chair. Managing Director & CEO of the bank Md Shafiul Azam was also...

Bengal Commercial Bank opened a stall at 29th Chittagong International Trade Fair

2022-06-14 00:00:00

Bengal Commercial Bank has opened a stall at the 29th Chittagong International Trade Fair to serve the clients instantly. Mahbubul Alam, Vice Chairman of the bank and president of Chittagong Chamber of Commerce &Industry (CCCI), inaugurated the stall on Saturday.

Shakawath reappointed as CEO of Unique Hotel

2022-06-14 00:00:00

Shakawath Hossain has recently been reappointed as the Chief Executive Officer (CEO) of Unique Hotel & Resorts PLC, the owning company of The Westin Dhaka, Sheraton Dhaka and HANSA, a premium residence, says a press release.Shakawath is the youngest professional...

RMG packaging makers seek cash incentive

FE REPORT | 2022-06-14 00:00:00

The country's garment accessories and packaging makers and exporters urged the government to provide them with cash incentive and continue the existing 0.50 per cent source tax. Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association also demanded withdrawal of...

Raw jute exporters push to reduce source tax to 0.25pc

FE REPORT | 2022-06-14 00:00:00

Raw jute exporters have urged the government to reduce advance source tax to 0.25 per cent on their export earnings in the budget.Bangladesh Jute Association (BJA) made the demand through a statement on Monday.They also demanded a reduction in excise...

Special mango train service begins

2022-06-14 00:00:00

CHAPAINAWABGANJ, June 13 (UNB): The special mango train with 3,000 kgs of mangoes left for Dhaka from Rahanpur Rail Station in Chapainawabganj on Monday afternoon, railway authorities said.Chief Transportation Officer of Bangladesh Railway West zone Shahidul Islam inaugurated the special...

BIDA, BCCCI to help boost Chinese investments

FE REPORT | 2022-06-14 00:00:00

Bangladesh Investment Development Authority (BIDA) and Bangladesh China Chamber of Commerce and Industry (BCCCI) signed a Memorandum of Understanding (MoU) on Monday, aiming to work jointly to increase Chinese investment in Bangladesh. BIDA Executive Member Avijit Chowdhury and Acting General...

Migrant labour shortage weighs on Malaysian firms

2022-06-14 00:00:00

KUALA LUMPUR, June 13 (Reuters): Malaysian companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens the country's economic recovery.Despite lifting a...

Gold falls 1.0pc as rate hike bets bolster dollar

2022-06-14 00:00:00

LONDON, June 13 (Reuters): Gold fell 1 per cent on Monday after the dollar strengthened and Treasury yields rose as data showing surging inflation in the U.S. fuelled bets for steeper rate hikes from the Federal Reserve.Spot gold fell 0.9...

'SMART Bangladesh: Role of ICT Industry'

2022-06-14 00:00:00

Minister for Posts and Telecommunications Mustafa Jabbar, State Minister for Power, Energy and Mineral Resources Nasrul Hamid, State Minister for Information and Communication Technology Division Zunaid Ahmed Palak, former BGMEA president and Vice-Chancellor of Asian University for Women Dr Rubana...