Mutual Trust Bank Ltd. (MTB) has recently signed an agreement with Rajdhani Unnayan Kartripakkha (RAJUK) for online fees collection of Electronic Construction Permitting System (ECPS). Under this agreement, clients of RAJUK will be able to pay ECPS fees through Online...
Investment Corporation of Bangladesh (ICB) handed over cheques to the affected small investors from Investment Fund. Managing Director of ICB Mr. Md. Abul Hossain, was present at the programme. On the occasion, BLI Capital Limited received Tk 70 million, IIDFC...
Disbursement of dividend IFIC Bank Limited: The company has credited the bonus shares for the year ended December 31, 2021 to the respective shareholders' BO accounts on May 29, 2022.Spot tradingPeninsula: Trading of the shares of The Peninsula Chittagong Limited...
FE Report | 2022-05-30 00:00:00
National Bank Ltd. (NBL), a first generation private commercial bank, will raise Tk 5.0 billion issuing subordinated bond to strengthen its capital base.The company's board of director has taken the decision of raising capital in a board meeting held recently,...
Nagad organised a get-together event recently with the Detective Branch of the Dhaka Metropolitan Police to discuss the customers' transactional security in the mobile financial sector. At the event arranged by the organisation's External Affairs Division, the speakers discussed various...
FE REPORT | 2022-05-30 00:00:00
The country, with its growth trajectory ahead, needs huge investment in logistics to ensure its sustainable development, speakers at a programme on Sunday said.Efficient logistics is also an important pre-requisite for export diversification and smooth supply chain across the country...
Pahartali Textile and Hosiery Mills, an export-oriented venture of M. M. Ispahani Limited won the National Productivity and Quality Excellence Award 2020. The Managing Director of Ispahani Group, Mr. Shakir Ispahani received the award from Minister of Industries, Mr. Nurul...
FE Report | 2022-05-30 00:00:00
Dhaka bourse on Sunday witnessed a robust rise in broad index extending gaining streak for the second consecutive session riding on investors' increased participation in transactions.On the day, most of the listed securities saw price appreciation and some major sectors...
NEW YORK, May 29 (AFP): Only time will tell how much record US prices at the pump will dent driving demand this summer, but don't expect a significant increase in gasoline supply from American refineries.The reason: Several US gasoline refineries...
SYDNEY, May 29 (Reuters): AGL Energy Limited could launch a strategic review as early as Monday as doubts grow over the Australian power producer's plans to split into two companies, the Australian newspaper reported.AGL was mulling its options on Sunday...
JEDDAH, May 29 (Arab News): The King Abdullah Economic City is all poised to become the automotive capital of the region, with car companies evincing interest in setting manufacturing facilities in the city, said its CEO Cyril Piaia.The megacity has...
RIYADH, May 29, (Arab News): Saudi Arabia's NEOM Green Hydrogen Co. is understood to have selected India's Larsen & Toubro to build solar and wind plants for supplying electricity to the city's $6.4-billion green hydrogen-based ammonia plant, MEED reported.ACWA Power,...
FE REPORT | 2022-05-30 00:00:00
Minister of Posts and Telecommunications Mustafa Jabbar Sunday said 5G network will be introduced in Bangladesh phase by phase and places when required rather than blanket activation of the fifth generation network. Calling on the mobile operators to implement quality...
As part of its ongoing aim to give customers a greater access, MetLife Bangladesh has introduced online enrolment for the EFT (Electronic Fund Transfer) Debit premium payment channel, says the company in a statement issued on Saturday. EFT Debit enables...
Dhaka Bank Limited signed an agreement recently at the bank's head office for providing cash management services to JK Group. Emranul Huq, Managing Director & CEO, Dhaka Bank Limited, and Md. Jahangir Alam Khan, Managing Director, JK Group, signed the...
OUR CORRESPONDENT | 2022-05-30 00:00:00
CHATTOGRAM, May 29: The month-long Chittagong international trade fair will start on Tuesday in the port city after two years as the annual event could not be held in 2020 and 2021 due to coronavirus outbreak. Chittagong Chamber of Commerce...
Zarin Daruwala, Cluster CEO, India & South Asia, Standard Chartered, arrived in Dhaka recently for her first official visit to Bangladesh. Zarin was accompanied by Heidi Toribio, Regional Co-Head, Client Coverage, Asia, Corporate, Commercial and Institutional Banking (CCIB), Standard Chartered,...
FE REPORT | 2022-05-30 00:00:00
A donor-aided study is being launched on Bangladesh's switch to non-cotton textiles and apparel from costly cotton-made exports, as a deal was signed Sunday to this end. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will conduct the study to explore...
BRADFORD, United Kingdom, May 29 (AFP): On an overcast morning in Bradford, northern England, a steady stream of locals arrive at a foodbank to collect produce parcels described as "a lifesaver" during the worst cost-of-living crisis in a generation.Bradford Central...
BELGRADE, May 29 (AFP): Serbia, which has been trying to tread a delicate balancing act between East and West since Moscow invaded Ukraine, said Sunday it has secured a new long-term contract with Russia to ensure that it has sufficient...
State-run Coal India, the world's largest coal miner, will import the fuel for use by utilities, a power ministry letter seen by Reuters showed on Saturday, as shortages raise concerns about renewed power outages, reports Reuters.It would be the first...
Food Minister Sadhan Chandra Majumder on Sunday warned that stern action would be taken against those who will try to destabilise the rice market in the country, reports UNB.The condition in the rice market must be monitored as well as...
FE REPORT | 2022-05-30 00:00:00
Four Indian public and private sector companies have expressed interest in exporting sugar and lentil to Bangladesh, officials said.Recently, they wrote to the Bangladesh High Commission in New Delhi conveying their interest in supplying the items.The High Commission forwarded the...
Grandmaster Ziaur Rahman of Bangladesh earned five and a half points in Category A Grand Masters Chess event of the 13th KIIT International Chess Festival after the 8th round matches held in the Indian city of Bhubaneswar, Odisha on Friday,...
PARIS, May 29 (AFP): Kylian Mbappe's decision to stay at Paris Saint-Germain rather than move to Real Madrid is very good news for French football, France coach Didier Deschamps said on Saturday.Mbappe surprised many and provoked stinging criticism from Spain...
PARIS, May 29 (AFP): French police arrested dozens of people in Paris during the Champions League final between Liverpool and Real Madrid, which was marked by scenes of chaos that delayed the kick-off.Liverpool said genuine ticket-holders had not been able...
PARIS, May 29 (AFP): Canadian teenager Leylah Fernandez reached the French Open quarter-finals for the first time on Sunday with a 6-3, 4-6, 6-3 win over 2019 semi-finalist Amanda Anisimova of the United States.Fernandez, seeded 17th, who was US Open...
PARIS, May 29 (Reuters): Real Madrid secured a record-extending 14th European Cup when they beat Liverpool 1-0 in a Champions League final delayed for more than half an hour after police tried to stop people trying to force their way...
Bangladesh beat hosts Indonesia by 4-2 goals in a classification match to secure the 6th place in the eight-nation Hero Men's Asia Cup Hockey-2022 at the GBK Hockey Field in Jakarta on Sunday afternoon, reports UNB.This was the 4th consecutive...
37 dead in heavy rains in BrazilRIO DE JANEIRO, May 29: At least 37 people were killed and about 5,000 others displaced in northeastern Brazil due to heavy rains, authorities said Saturday. Recife City, the capital of northeastern Pernambuco State,...
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