NEW YORK, Apr 18 (Reuters): Bank of America (BoA) Corp reported a smaller-than-expected 13 per cent fall in first-quarter profit on Monday, as strong growth in its consumer lending business helped cushion the blow from a slowdown in global deal-making.The...
RIYADH, Apr 18 (Arab News): Saudi supermarket chain Tamimi Markets formed a joint venture with Japan's Mitsui & Co. and Italian agricultural technology provider Zero SRL to develop the Kingdom's first smart farms. The three partners aim to develop the...
RIYADH: The Islamic Development Bank (IsDB) has signed four financing agreements worth a total of $390 million to build development infrastructure for the Senegalese economy.The agreements were signed by the bank's president Muhammad Sulaiman Al Jasser and Senegal's minister of...
Meena Bazar, a concern of the Gemcon Group, signed its first franchise agreement at its head office in Dhanmondi on Sunday. The franchisee outlet is going to start operation soon at Shanir Akhra in Dhaka city. The agreement was signed...
Mahmudun Nabi Chowdhury, General Manager (Sales & Marketing) of Electro Mart Group, along with renowned local businessmen inaugurates a sales & display centre of world No. 1 KONKA, GREE & HAIKO brand electronics and home appliances in Dinajpur recently. This...
ACI Motors has come forward to help farmers affected by flash floods in haor areas. They have supplied more than 180 Yanmar Harvesters in the haor-based districts to ensure on-time Boro harvesting. The photo shows Agriculture Minister Dr Md Abdur...
MetLife announced a broad set of 2030 diversity, equity and inclusion (DEI) commitments designed to address the needs of the underserved and underrepresented through a mix of investments, products and services, supply chain, volunteering, and community efforts, says a press...
FE REPORT | 2022-04-19 00:00:00
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has launched a five-day course for capacity-building of Anti-Corruption Commission (ACC) officials.The course titled 'Financial Accounting Course (FAC)' was inaugurated by AKM Sohel, director general (ICT, Training and Prevention) of...
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has stressed intensifying cooperation and collaboration to realise trade potential between Bangladesh and South Korea, reports BSS."Huge opportunities lie ahead for Bangladesh and South Korea that could be seized through...
BEIJING, Apr 18 (Reuters): China will step up financial support for industries, firms and people affected by Covid-19 outbreaks, the central bank said on Monday, as part of steps to cushion economic slowdown.Authorities will guide financial institutions to expand lending...
MEXICO CITY, Apr 18 (Reuters): A Mexican union said on Monday it will ask the US government to investigate a Panasonic plant for alleged worker rights abuses, the latest in a series of disputes seeking to leverage a new trade...
WASHINGTON, Apr 18 (AP): The Biden administration is taking a key step toward ensuring that federal dollars will support US manufacturing - issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure package source their construction material.The guidance...
Social Islami Bank Limited (SIBL) arranged a discussion on 'Taqwa-Based Banking & Economy' followed by Iftar at a city hotel on Sunday. Dr. Md. Mahbub Ul Alam, Chairman of the bank, was present as the chief guest while Zafar Alam,...
Yasir Wardad | 2022-04-19 00:00:00
Flour became further pricier in the country amid gradual surge in its global market prices, raising sufferings of the commoners, who are already battered with the rocketing price trend of essentials.Prices of coarse flour (atta) and finer flour (maida), both...
Premier Bank and TVS Auto Bangladesh signed a Memorandum of Understanding (MoU) to promote newly launched motorbike product. As per the agreement, both the bank and TVS will work jointly to create more business opportunities. Besides, the bank's client can...
ARAFAT ARA | 2022-04-19 00:00:00
The outflow of migrant workers surged by more than double in the first three months of the current year, boosting the country's employment growth and remittance earnings.Official data showed a total of 322,583 workers flew to different countries during the...
BEIJING, Apr 18 (Reuters): China's crude steel output fell more than 6 per cent in March from the same month a year earlier, data from the statistics bureau showed on Monday, as production at mills was crimped by Covid-19 outbreaks...
LONDON, Apr 18 (Reuters): Gold prices jumped about 1 per cent to a more than one-month high on Monday as concerns over the economic fallout from the Russia-Ukraine war and surging inflation drove investors to the safe-haven asset.Spot gold rose...
BEIJING, Apr 18 (Reuters): China Eastern Airlines has started putting its Boeing 737-800 jetliners back in use for commercial flights less than a month since a crash killed 132 people and led the company to ground 223 of the aircraft,...
NEW YORK, Apr 18 (Reuters): Wall Street banks' commodities trading exposures are rising, which could leave them vulnerable to large swings in asset values following Russia's invasion of Ukraine, first quarter earnings disclosures showed.Goldman Sachs Group Inc and JPMorgan Chase...
LONDON, Apr 18 (Reuters): Oil prices rose on Monday in choppy trade, with Brent crude topping $112 a barrel, as outages in Libya deepened concern over tight global supply and the Ukraine crisis dragged on, offsetting concern over slowing Chinese...
HONG KONG, Apr 18 (AFP): Asian stocks closed lower on Monday in cautious trade, as figures showed China's economic growth accelerated in the first quarter of the year, but the government warned of "significant challenges" ahead.Tokyo's benchmark Nikkei 225 ended...
BEIJING, Apr 18 (AFP): Shares in one of China's largest traditional medicine producers plunged on Monday after reports questioned the efficacy of pills approved by the government as a coronavirus treatment.Shanghai authorities have joined their Hong Kong counterparts in handing...
Global bond funds witnessed massive money outflows in the week to April 13, as investors were worried that the Federal Reserve would start tightening its policy more aggressively to contain rising price pressures, which could slow economic growth, reports Reuters.According...
Board meetingsThe Peninsula Chittagong Limited: A board meeting of the company will be held on April 23, 2022 at 11:00 AM to consider, among others, un-audited financial statements of the company for the third quarter period ended on March 31,...
The 123rd meeting of the board of directors of Takaful Islami Insurance Limited was held in the city recently. Chairman of the company Anwer Hossain Khan MP presided over the meeting which was attended by Vice Chairman Abul Hashem and...
The 40th Annual General Meeting (AGM) of IPDC Finance Ltd was held through a videoconference on Sunday. The meeting was presided over by Kazi Mahmood Sattar, Chairman of IPDC Finance, while Mominul Islam, Managing Director and CEO, was present. In...
Community Bank Bangladesh Limited held its 3rd Annual General Meeting (AGM) on Monday at the Police Headquarters, Dhaka. The meeting was chaired by Dr. Benazir Ahmed BPM (Bar), Inspector General of Police, Bangladesh and Chairman, Community Bank Bangladesh Limited. Members...
BRAC Bank is offering discounts at more than 1,100 partner outlets during the ongoing Ramadan. The bank's credit and debit cardholders will enjoy B1G1, B1G2, B1G3, B2G1 for iftar/sehri and special discounts at dining places, lifestyle, jewellery, sweet shops, hotels...
A new executive committee of Association of Anti-Money Laundering Compliance Officers of Banks in Bangladesh (AACOBB) for 2022-2023 has been elected unanimously at the CAMLCO Conference held in Cox's Bazar recently.Mohammad Ziaul Hasan Molla, Deputy Managing Director of Bank Asia...
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