FE Today Logo

Search results for:


Hearing on ACC official's termination adjourned until May 19

2022-04-12 00:00:00

The hearing of the writ petition seeking reinstatement of Mohammad Sharif Uddin, an officer removed from the Anti-Corruption Commission (ACC), has been adjourned till May 19, reports BSS.A High Court division bench comprising Justice Md Nazrul Islam Talukder and Justice...

BNP never wants corruption-free Bangladesh, says Bahauddin Nasim

2022-04-12 00:00:00

Awami League Joint General Secretary AFM Bahauddin Nasim Monday alleged that BNP never wants that the country would be free from corruption, reports BSS."BNP never actually wants that the country would be free from graft as the party itself is...

Syed Moazzem Hossain Alal talking to journalists

2022-04-12 00:00:00

BNP joint secretary general Syed Moazzem Hossain Alal talking to journalists after handing over letter to the Anti-Corruption Commission demanding investigation into the allegations of corruption against the ruling party leaders in the city on Monday — Focus Bangla

Samrat secures bail in yet another case

2022-04-12 00:00:00

Ismail Hossain Chowdhury Samrat, the former Jubo League leader known for allegedly establishing a massive illegal gambling racket, seems close to securing his release from jail as he was granted bail in a third case against him on Monday, reports...

Many BNP leaders directly-indirectly involved in militancy: Inu

2022-04-12 00:00:00

KUSHTIA, Apr 11 (BSS): Jatiya Samajtantrik Dal (JaSad) President Hasanul Haq Inu on Monday said many BNP leaders were directly-indirectly involved in the crimes relating to militancy."Cracking down on the perpetrators of arson and militant attacks does not mean political...

BNP passing hard times

2022-04-12 00:00:00

Awami League general secretary Obaidul Quader said on Monday that it's BNP that is going through bad times, not the country, reports UNB."Mirza Fakhrul Islam Alamgir is trying to scare the people of the country by talking about bad times....

China auto sales slump in March on Covid curbs

2022-04-12 00:00:00

SHANGHAI, Apr 11 (Reuters): China auto sales plunged in March as the country's curbs to rein in Covid-19 outbreaks took their toll, while Tesla Inc was among automakers feeling the pain of limits on production.Sales in the world's biggest car...

Musk drops plans to join Twitter board

2022-04-12 00:00:00

NEW YORK, Apr 11 (Reuters): Elon Musk rejected Twitter Inc's offer to join its board, an abrupt turn even as he suggested ideas in a barrage of tweets ranging from removing advertisements to dropping the letter "w" in the social...

Apple begins manufacturing iPhone 13 in India

2022-04-12 00:00:00

NEW DELHI, April 11 (Reuters): Apple Inc has started making the iPhone 13 in India, the company said on Monday, as the U.S tech giant tries to reduce reliance on its Chinese supply chain.The phone is being produced at a...

Stockbrokers monitor

2022-04-12 00:00:00

Stockbrokers monitor the latest share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on Monday. — AFP

Union Bank Training Institute organised the concluding ceremony of Foundation Training Course

2022-04-12 00:00:00

Union Bank Training Institute organised the concluding ceremony of Foundation Training Course of Probationary Officers recently. Additional Managing Director of Union Bank Md. Habibur Rahman was present as the chief guest.

Shahjalal Islami Bank organized Ifter Mehfil and discussion

2022-04-12 00:00:00

Shahjalal Islami Bank Limited organized an Ifter Mehfil and discussion on "the Significance of Mahe Ramadan" recently at the Radisson Blu Chattogram. Managing Director & CEO of the Bank Mr. M. Shahidul Islam presided over the ceremony while the Chairman...

Inauguration ceremony of HSBC's newly relocated Uttara Branch

2022-04-12 00:00:00

Faruque Hassan, President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Rupali Chowdhury, Managing Director of Berger Paints Bangladesh Ltd. cutting the inauguration ribbon with presence of Bahsar M Tareq, Acting CEO, HSBC Bangladesh; at the inauguration ceremony of...

New DMD of City Bank

2022-04-12 00:00:00

Faruk Ahmed has been recently promoted as the DMD of City Bank. Previously he was serving with the same bank as SEVP and Head of Trade Services. Faruk started his career with IFIC Bank in 1994 after completing his M.Com....

New AMD of Bank Asia

2022-04-12 00:00:00

Mr. Adil Chowdhury has recently been promoted as AMD of Bank Asia Ltd. Prior to his promotion, Mr. Chowdhury was DMD of the Bank. Mr. Chowdhury has over two decades of banking experience with more than 15 years of international...

Actor Nisho becomes brand ambassador for Mr White

2022-04-12 00:00:00

Renowned TV actor Ahmed Fazle Rabbi, popularly known as Afran Nisho, has become the brand ambassador for Mr. White Detergent Powder, a brand of Quazi Enterprises Ltd., says a press release. He signed a contract to this end at the...

Krishibid Seed makes debut on SME Platform today

FE REPORT | 2022-04-12 00:00:00

Trading of the shares of Krishibid Seed --- a concern of Krishibid Group --- will commence today (Tuesday) on the SME Platform of Dhaka Stock Exchange and Chittagong Stock Exchange.The company's profit after tax jumped 88.35 per cent to Tk...

BSTI starts issuing halal certificates

FE REPORT | 2022-04-12 00:00:00

Bangladesh Standard and Testing Institution (BSTI) started issuing halal certificates for products from Monday. As part of the move, the BSTI issued halal certificates for nine products of three organisations under Olympic Industries on the first day. The Arabic word...

'ICB AMCL CMSF Golden Jubilee MF' trust deed signed

FE REPORT | 2022-04-12 00:00:00

Capital Market Stabilisation Fund (CMSF) is set to launch a new closed-end mutual fund titled "ICB AMCL CMSF Golden Jubilee Mutual Fund".In this regard, a trust deed signing ceremony was held at Investment Corporation of Bangladesh (ICB) head office on...

Stocks slip into red after single-day break --

FE REPORT | 2022-04-12 00:00:00

Stocks slipped into the red on Monday, after a single-day break, as the risk-averse investors sold shares amid lack of clear market direction. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 23.88 points or 0.35...

Palladium jumps 5pc on supply fears, inflation risks lift gold

2022-04-12 00:00:00

LONDON, Apr 11 (Reuters): Palladium prices jumped 5 per cent on Monday to a more than two-week high propelled by supply concerns following a recent ban on trading of the metal sourced from Russia in the London hub.Safe-haven gold, meanwhile,...

Japan tops up LNG reserves as Russian gas cutoff looms

2022-04-12 00:00:00

TOKYO, Apr 11 (Reuters): Japan's government has asked power companies to top up their liquefied natural gas (LNG) reserves and share energy resources, a person familiar with the contingency plan said, as civilian deaths in Ukraine push Tokyo to halt...

China needs own seeds to achieve food security: Xi

2022-04-12 00:00:00

BEIJING, Apr 11 (Reuters): Chinese President Xi Jinping said the country needs to be independent in seeds to achieve food security, state media reported on Monday, reiterating growing concerns about China's reliance on imports of food.Xi made the remarks on...

21 Russian airlines banned from operating in EU

2022-04-12 00:00:00

BRUSSELS, Apr 11 (Reuters): The European Commission has added 21 Russian airlines to a list of carriers banned from operating in the 27-nation bloc because they do not meet international safety standards, the EU executive arm said on Monday."The Russian...

Oil drops below $100 on reserves release

2022-04-12 00:00:00

LONDON, Apr 11 (Reuters): Oil prices dropped by $4 a barrel on Monday, with Brent crude tumbling below $100 on plans to release record volumes of crude and oil products from strategic stocks and on continuing coronavirus lockdowns in China.Brent...

Goldman acquires Dutch asset manager for $1.9b

2022-04-12 00:00:00

LONDON, Apr 11 (Reuters): Goldman Sachs has acquired Netherlands-based asset manager NN Investment Partners for 1.7 billion euros ($1.9 billion) to expand its asset management footprint in Europe and increase its sustainable investment capabilities.NN Investment Partners, formerly part of NN...

Food prices likely pushed India inflation to 16-mth high

2022-04-12 00:00:00

BENGALURU, Apr 11 (Reuters): India's retail inflation likely sped up to a 16-month high of 6.35 per cent in March, well above the Reserve Bank of India's upper tolerance band for a third straight month, in part due to a...

Fed to raise rates aggressively

2022-04-12 00:00:00

BENGALURU, Apr 11 (Reuters): The Federal Reserve is expected to deliver two back-to-back half-point interest rate hikes in May and June to tackle runaway inflation, according to economists polled by Reuters who also say the probability of a recession next...

Chip shortage to last into 2023, says BMW CEO

2022-04-12 00:00:00

BERLIN, April 11 (Reuters): A shortage of semiconductors is likely to remain a problem for the auto industry into 2023, German carmaker BMW's Chief Executive Oliver Zipse said in an interview with newspaper Neue Zuercher Zeitung (NZZ) published on Monday."We...

WEAB fair begins in city

2022-04-12 00:00:00

A three-day Baishakhi Fair began at Gulshan Ladies Community Club in the capital on Monday, marking Pahela Baishakh, the first day of the Bangla New Year, reports UNB.Women Entrepreneur Association of Bangladesh (WEAB) arranged the fair at the club, said...