The Awami League will mark the 42nd anniversary of the homecoming of Prime Minister Sheikh Hasina today (Tuesday) with discussion meetings and prayers and distribution of charities, reports UNB.On this day in 1981 Hasina returned home from six-year exile in...
LONDON, May 16 (Reuters): Euro zone government bond yields rose back towards recent multi-year highs on Monday, after European Central Bank policymaker Francois Villeroy de Galhau said a weak euro threatened price stability in the currency bloc.The euro's weakness on...
SHENZHEN, May 16 (Reuters): European businesses in China are awaiting the next wave of disruption from Covid-19 outbreaks and see little chance of improvement until the country increases vaccination rates, the European Chamber of Commerce in China said on Monday.Shanghai...
NEW YORK, May 16 (AFP): American fast-food giant McDonald's will exit the Russian market and sell its business in the increasingly isolated country, the company said Monday.Many Western businesses have pulled out of Russia since its invasion of Ukraine in...
WELLINGTON, May 16 (AFP): New Zealanders who trade in their gas-guzzling car will get financial aid towards buying a cleaner alternative, in one of a raft of climate change initiatives announced by Jacinda Ardern's government Monday.The country's first Emissions Reduction...
KATHMANDU, May 16 (Reuters): India and Nepal will build a 695 megawatt (MW) hydropower plant, officials said on Monday, as the Himalayan nation looks to exploit its abundant potential to generate clean energy to ease power shortages.India, which has an...
Khosru Dastagir Alam, deputy general manager of Sadharan Bima Corpo-ration, has been promoted to general manager of the organisation, according to a press release. The Board of Directors of the organisation decided on the promotion at its meeting recently. Mr...
Electronics giant Walton has launched the 'Digital Campaign Season-15' for upcoming Ei-ul-Azha, says a press release. During the campaign, customers might get sure cashback of up to Tk 2.0 million or free products worth millions of taka on purchasing Walton...
Bangladesh International Arbitration Centre (BIAC) has signed a Memorandum of Understanding (MoU) with Equity Suites for resolution of commercial dispute (if any) using ADR methods. The signing ceremony was held at the office of BIAC in Dhaka on Monday, says...
Our Correspondent | 2022-05-17 00:00:00
President of Chittagong Chamber of Commerce and Industry (CCCI) Mahbubul Alam has called upon the traders and businesspeople to sell essentials at lower prices and with very nominal profits.He said, "Some of our traders are tarnishing the image of the...
FE REPORT | 2022-05-17 00:00:00
The Citizen's Platform for SDGs, Bangladesh said on Monday that the country's inflation rate could be much higher than the official figure of 6.22 per cent until March this year as the official data are not always dependable. It also...
FE REPORT | 2022-05-17 00:00:00
Exporters Association of Bangladesh (EAB) on Monday urged the government to continue source tax for exporters at 0.50 per cent for the next five years to keep them competitive in the global market.The EAB also called for fixing 'no income...
Chinese iron ore futures rose on Monday, supported by supply concerns and shrinking portside inventories of the steelmaking ingredient, while the easing of some Covid-19 curbs in the world's top steel producer also lifted trader sentiment, reports Reuters.The most-traded September...
LONDON, May 16 (Reuters): Gold fell more than 1 per cent to its lowest in 3-1/2 months on Monday as elevated bond yields and overall strength in the dollar dampened bullion demand, even as riskier assets dropped after grim China...
LONDON, May 16 (Reuters): Oil prices fell on Monday as widespread lockdowns in China and weak Chinese economic data fuelled fears of a global recession, though the market found some support as the European Union stepped closer to an import...
HONG KONG, May 16 (AFP) : Asian equities retreated Monday following last week's temporary rally on Wall Street due to fears of surging inflation and supply chain woes inflicted by Beijing's punishing zero-Covid policy.World markets have been volatile for much...
SAN FRANCISCO, May 16 (AFP):- Facebook boss Mark Zuckerberg rang the opening bell remotely to cheers 10 years ago as the beloved social network made its stock market debut, culminating an all-night hackathon that included street hockey, costumes and music.The...
Deputy Managing Directors of Sonali Bank Limited Sanchia Binte Ali and Md. Murshedul Kabir handing over the Remittance Award in the year 2019 and 2020, presented by Bangladesh Bank to CEO and Managing Director Md Ataur Rahman Prodhan in his...
Islami Bank Bangladesh Limited (IBBL) has achieved Bangladesh Bank Remittance Award 2019 & 2020. Finance Minister A. H. M. Mustafa Kamal handed over the award to Mohammed Monirul Moula, Managing Director and CEO of IBBL at a program in Krishibid...
Md. Abdus Salam has been promoted as Additional Managing Director of Jamuna Bank Limited (JBL). He joined Jamuna Bank Limited as Executive Vice President in June of 2010, Mr. Salam started his banking career with Islami Bank Bangladesh Limited as...
Mr. Rumee A Hossain has been re-elected as the Chairman of the Executive Committee of the Board of Directors of Bank Asia Limited in the 473rd meeting of the Board of Directors held recently. He is one of the Sponsor...
FE REPORT | 2022-05-17 00:00:00
The share price of Shinepukur Ceramics, a 'B' category stock, is rising 'abnormally' as its share price rose 9.07 per cent further on Monday despite the sharp fall of the market.The ceramic maker's share price jumped about 85 per cent...
Siddique Islam | 2022-05-17 00:00:00
NCC Bank is going to introduce Islamic banking through setting up separate windows by the third quarter of this calendar year, the bank's top executive has said. "We're now taking preparations to launch the Islamic banking business within the deadline,"...
FE REPORT | 2022-05-17 00:00:00
Share prices of two scam-hit financial institutions, associated with Prashanta Kumar Halder, witnessed big jumps on Monday though the market dropped sharply.Soon after the trading opened, shares of these two companies hit upper limit circuit breakers. At one stage, the...
ROME, May 15 (AFP): Novak Djokovic won his sixth Italian Open title on Sunday after a straight-sets victory over Stefanos Tsitsipas, 6-0, 7-6 (7/5) in Rome.World number one Djokovic saw off Monte Carlo Masters champion Tsitsipas to claim the last...
Injured Bangladesh fast bowler Taskin Ahmed is unlikely to take part in the forthcoming two-match Test series against West Indies, reports Cricbuzz. He suffered a shoulder injury in the opening Test of the South Africa series, an injury that ruled...
MELBOURNE, May 16 (Reuters): China's withdrawal from hosting the 2023 Asian Cup could see the showpiece shift west to the Gulf, where new infrastructure and voracious demand for major events has made the region a magnet for international tournaments.Having planned...
MILAN, May 16 (Reuters): AC Milan closed in on their first Serie A title in 11 years on Sunday after targets from Rafael Leao and Theo (*11*) earned them a 2-0 win over Atalanta, a victory that moved them 5...
CHATTOGRAM, May 16 (AFP): Angelo Mathews missed out on his second double hundred by one run as Bangladesh bowled out Sri Lanka for 397 runs in the first Test in Chattogram on Monday.Bangladesh made a solid reply with the bat,...
BAGHDAD, May 16 (AFP): Another sandstorm descended Monday on Iraq forcing the closure of airports, schools, universities and public administrations across the country, officials said.It is the eighth duststorm since mid-April to hit Iraq, which has been battered by soil...
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