RIYADH, June 06 (Arab News): Global investment group CDPQ has entered into an agreement to invest $5 billion in three of DP World's flagship UAE assets, including Jebel Ali Port, the Jebel Ali Free Zone, and the National Industries Park.The...
SYDNEY, June 06 (AFP): Australia's federal court ordered Google on Monday to pay more than $500,000 in damages to a politician after finding he had been defamed by a comedian's videos hosted on YouTube.John Barilaro was deputy premier of the...
Unilever Bangladesh, the country's one of the largest Fast Moving Consumer Goods (FMCG) companies, unveiled its sustainability Report for the year 2021, titled 'Partnering Bangladesh'. The report demonstrates the company's work and impact on the health, environment and society. Industries...
The Training and Communication Wing and Entomology Division of Bangladesh Agricultural Research Institute (BARI) jointly organised a trainers' training styled 'Invasive Pests Management of Pineapple and Allied Crops Environmentally' for the officers of the Society for Social Service (SSS) at...
Seven Rings Cement has organised the 'Seven Rings Cement Achiever's Night-2022' for dealers who won the VRM Package at a city hotel recently, says a press release.Tahmina Ahmed, Addi-tional Managing Director, Seven Rings Cement, S Raihan Ahmed, Director & CEO,...
The country's apparel industry is committed to carrying forward the achievements that have earned the sector global accolades as a safe and sustainable industry, said the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), reports BSS."While our achievements make us immensely...
Community Bank Training Academy organized a training workshop on 'Challenges and Readiness for the Fourth Industrial Revolution' recently. The Managing Director and CEO of the Bank, Mr. Masihul Huq Chowdhury, inaugurated the workshop as Session Chair. Mr. Mohammed Ishaque Miah,...
Shabab Azfar Ahmed, Executive Officer of Mercantile Bank Limited, secured 1st position in Certified Expert in E-Banking (CEEB) course of Bangladesh Institute of Bank management (BIBM). Fazle Kabir, Governor of Bangladesh Bank, handed over the certificate and trophy to the...
BRAC Bank is promoting eco-friendly induction cookers as part of its strong commitment to conserving the environment. As the world observes World Environment Day, BRAC Bank stands by an environment-friendly induction cooker that promises to change the cooking method forever...
Vice Chancellor of Bangabandhu Sheikh Mujib Medical University Prof. Dr. Sharfuddin Ahmed inaugurated a programme of tree plantation, arranged by Beacon Pharmaceuticals Limited on the occasion of World Enviornment Day.
AB Bank recently organized a daylong training programme on "Prevention of Trade Based Money Laundering (TBML)" for the Trade Officials of AD Branches at AB Bank Training Academy. Mahmudul Alam, Deputy Managing Director of AB Bank, inaugurated the training programme...
Mutual Trust Bank Ltd. (MTB), in its effort to promote quality education in the higher education level of the country, recently extended support to Geography and Environment Department of University of Dhaka to upgrade their Remote Sensing Laboratory. This support...
FE Report | 2022-06-07 00:00:00
The securities regular has asked issuer companies to transfer undistributed dividends into the account of Capital Market Stabilisation Fund (CMSF) within June 10.The Bangladesh Securities and Exchange Commission (BSEC) has delivered the order through the stock exchanges."Issuer companies were supposed...
FE Report | 2022-06-07 00:00:00
The securities regulator has moved to reduce the bourses' trading cycle to T+1 from T+2 for 'A' and 'B' category issues to pave the way of offloading such securities after a day of purchasing the securities.The Bangladesh Securities and Exchange...
FE Report | 2022-06-07 00:00:00
Dhaka bourse closed the Monday's session marginally lower after seven sessions of continuous rise following mixed performance of major sectors.Insiders said investors opted to book profits offloading their holdings matured in previous sessions.Of the major sectors, general insurance saw the...
MOSCOW, June 06 (AFP): New car sales in Russia sank by 83.5 per cent year-on-year in May, industry data showed on Monday, as the effects of unprecedented Western sanctions hit the country's economy and consumers.Only 24,268 cars and light commercial...
RIYADH, June 06 (Arab News): Egypt-based health insurance startup Nice Deer has raised $1 million in a pre-seed funding round, Magnitt reported. The round was led by DisrupTech Ventures."Nice Deer aims to become the helping arm of the insurance industry...
Mobile financial service provider upay has signed an agreement with Fashol Dotcom Limited, a fresh produce supply chain network, enabling the company to disburse monthly salaries to its employees through upay. Emon Kalyan Dutta, Chief Sales & Service Officer of...
Exim Bank has opened a service booth at the Ashkona Hajj Camp in the city recently to provide services for Hajj pilgrims. Managing Director and CEO of the bank Dr Mohammed Haider Ali Miah along with other high officials inaugurated...
Bengal Commercial Bank Limited and Bengal Islami life Insurance Limited signed a memorandum of understanding (MoU) over payroll service at the bank's head office in Dhaka on Monday. Tarik Morshed, Managing Director & CEO of the bank, and MM Monirul...
Energy Transfer LNG, a unit of US energy company Energy Transfer LP, entered into a deal to supply 0.7 million tonnes of liquefied natural gas a year to China Gas Holdings on a free-on-board basis for 25 years, the companies...
The government will revise the cost of various projects considering the rising cost of construction materials, including rod, said LGRD Minister Tajul Islam in parliament on Monday.He said this while replying to a supplementary question from independent lawmaker Rezaul Karim,...
FE REPORT | 2022-06-07 00:00:00
Despite Bangladesh's tremendous journey towards development since the independence, the country now requires taking rigorous approach to ease socioeconomic inequality for sustainable development, speakers said at a programme Monday. They opined for effective policy intervention to enhance investment-to-GDP ratio, export...
REZAUL KARIM | 2022-06-07 00:00:00
The government has taken an initiative to establish direct contact between its relevant agencies and Brazilian exporters of soybean, aimed at securing timely and periodic supply of the essential commodity.The Bangladesh Embassy in Brazil is exploring the possibilities of procuring...
FE Report | 2022-06-07 00:00:00
The country's small and medium enterprises (SMEs) get access to only one-third of the fund they need for running businesses, while rural entrepreneurs receive only 19 per cent of the funds disbursed.This was revealed at a national workshop - 'Rethinking...
LONDON, June 6 (Reuters): Oil prices dipped on Monday after topping $120 a barrel as Saudi Arabia raised crude prices for July.Crude moved lower amid doubts that last week's decision by OPEC+ oil producers to boost their monthly output target...
CHICAGO, June 6 (Reuters): A fifth-generation cattle rancher and consultant plans to build the country's largest beef plant in South Dakota with capacity to slaughter 8,000 head of cattle a day.The $1.1 billion project could help address the Biden administration's...
Gold inched up on Monday, led by a slight pullback in the dollar, with investors watching out for US inflation data and top central bank meetings to shed light on the path of interest rate hikes, reports Reuters.Spot gold rose...
SAO PAULO, June 6 (Reuters): Brazil is testing a variety of drought resistant, genetically modified wheat in a bid to become more self-sufficient in the staple crop as global supplies tighten.The move is the latest sign of increasing interest worldwide...
RANGPUR, June 06 (BSS): Farmers have completed harvesting onion producing 0.1 million tonnes of the spicy crop in all five districts of Rangpur agriculture region during the 2021-2022 Rabi season. Officials of the Department of Agricultural Extension (DAE) and market...
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