FE Today Logo

Search results for:


Nagad declares half-day leave for all employees

2024-05-13 00:00:00

Nagad, the country's leading mobile financial service provider, has come up with a special arrangement on the occasion of Mother's Day, declaring a half-day leave to all its employees to spend more time with their mothers on this day, reports...

Meghna Bank celebrates 11th anniversary

2024-05-13 00:00:00

Meghna Bank PLC celebrated its 11th anniversary at the bank's head office in Dhaka on Thursday. Ashequr Rahman, Chairman and Founder of Meghna Bank, inaugurated the programme by cutting a cake. The bank's Vice Chairperson Imrana Zaman Chowdhury, Executive Committee...

RUPALI BANK OPENS GODAGARI SUB-BRANCH

2024-05-13 00:00:00

Rupali Bank PLC opened Godagari Sub-Branch under Kakonhat Branch of the bank at Godagari in Rajshahi on Sunday. Managing Director and CEO of the bank Monammad Jahangir inaugurated the sub-branch virtually. Deputy Managing Directors Parsuma Alam, Hasan Tanvir and Md...

SONALI BANK, BANGLADESH DEVELOPMENT BANK SIGNS MOU ON MERGER

2024-05-13 00:00:00

Bangladesh Development Bank PLC is going to be merged with Sonali Bank PLC. To this end, both the banks signed an MoU on Sunday. Bangladesh Bank Governor Abdur Rouf Talukdar was present as the chief guest at the signing ceremony....

PM invites Italian businesses to invest in economic zones

2024-05-13 00:00:00

Prime Minister Sheikh Hasina on Sunday urged Italian businesses to make investment in Bangladesh's special economic zones for the mutual benefits of the two countries, reports UNB."Businesses and investors can invest in Bangladesh in the special economic zones," she said...

March sees 4.0m more internet subscribers

FE REPORT | 2024-05-13 00:00:00

Both mobile and broadband internet users in Bangladesh witnessed a growth of more than 4.0 million month on month in March, predominantly attributed to the expansion of the country's mobile subscriber network.The rise has brought the cumulative count of internet...

BGMEA moves to build database to combat buyer fraud

MONIRA MUNNI | 2024-05-13 00:00:00

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) moves to build a database of global apparel buyers engaged in fraudulent activities or contractual breaches, causing financial losses for local exporters."A number of our members have been cheated by a small...

Elon Musk clearly sees AI hallucinations

2024-05-13 00:00:00

LOS ANGELES, May 12 (Reuters Breakingviews): Elon Musk's contrarian streak produced a subtle but devastating observation this week. Generative artificial intelligence, he told a crowd of high-powered executives, just isn't useful right now for some businesses he runs. He gave...

Saudi Arabia woos investors with lucrative business environment

2024-05-13 00:00:00

RIYADH, May 12 (Arab News): With an average growth rate of 4 percent over the past seven years and an upward trajectory buoyed by a pro-business environment, Saudi Arabia has demonstrated remarkable resilience amid global economic challenges.Given its strategic location,...

Dhaka bourse up, propelled by pharma stocks

FE REPORT | 2024-05-13 00:00:00

The Dhaka bourse closed the week's first session with a moderate gain in the broad index, overcoming the loss of the previous session.Companies of the pharmaceuticals & chemicals sector propelled the rise of the DSEX to 5696.72 points with a...

Social Islami Bank arranges remittance client get-together

2024-05-13 00:00:00

The Chandpur branch of Social Islami Bank arranged a get-together with its remittance clients on Saturday in a bid to raise awareness of the role remittances play in the socio-economic development of the country. Zafar Alam, the bank's managing director...

Shahjalal Islami Bank opens hajj booth, medical camp at Ashkona Hajj Camp

2024-05-13 00:00:00

Shahjalal Islami Bank inaugurated a hajj booth and a free medical camp at the Ashkona Hajj Camp in Dhaka on Saturday to provide hajj guidance and free health services to pilgrims. Anwer Khan Modern Medical College Hospital will be offering...

Re-labelling of stocks: Regulator to put emphasis on financial strength

MOHAMMAD MUFAZZAL | 2024-05-13 00:00:00

The regulator considers dividing listed securities into two categories -- one for non-performing stocks and the other for the remaining securities -- to encourage investors to assess them based on companies' fundamental strength. At present, stocks are labelled as 'A',...

Asian spot LNG prices rise on signs of stronger demand

2024-05-13 00:00:00

LONDON, May 12 (Reuters): Asian spot liquefied natural gas prices rose last week on stronger demand amid high temperatures in north and south China, pushing European buyers to bid at relatively narrow discounts to attract sellers.The average LNG price for...

BADC HOLDS 'CROP CAFETERIA EVALUATION EVENT'

2024-05-13 00:00:00

Bangladesh Agricultural Development Corporation (BADC) arranged a 'Crop Cafeteria Evaluation Event' at the BADC's seed farm in Madhupur on Saturday. BADC Chairman Abdullah Sazzad was present as the chief guest.

Experts push for comprehensive policy on renewable energy

2024-05-13 00:00:00

Experts at a programme have underscored the need for formulation of a comprehensive policy on renewable energy in order to meet the government's target of generating 40 per cent of electricity from the green sources.To meet the government's target of...

Gaibandha’s Balasighat holds huge tourism potential

OUR CORRESPONDENT | 2024-05-13 00:00:00

GAIBANDHA, May 12: Balasighat in Phulchhari upazila of the district has potential for becoming a tourism spot for the beauty of a marine terminal and an embankment on the Teesta riverbank.Gaibandha is an important district with a vast plain cropland...

Gas crisis puts Shahjalal Fertiliser Factory out of production

OUR CORRESPONDENT | 2024-05-13 00:00:00

SYLHET, May12: Production at Shahjalal Fertiliser Factory in Fenchuganj upazila of Sylhet has remained suspended since March 13 this year after Jalalabad Gas Transmission & Distribution Company Limited (JGTDCL) amid a severe crisis stopped gas supply to the state-run entity.The...

News in Brief -2024-05-13

2024-05-13 00:00:00

Canada arrests fourth Indian nationalIn 2023 killing of Sikh activistMONTREAL, May 12: A fourth Indian national was charged by Canadian authorities Saturday in the 2023 killing of a separatist Sikh leader in Vancouver. Amandeep Singh, 22, was already being held...

Rescuers struggle to reach Afghan flood-hit areas

2024-05-13 00:00:00

SHEIKH JALAL, May 12 (AFP): Emergency aid and rescue teams struggled on Sunday to reach areas of northern Afghanistan hardest hit by flash floods that killed hundreds, AFP journalists saw.Heavy rains caused flash flooding in several provinces in Afghanistan on...

Thai cops seize one tonne of crystal meth

2024-05-13 00:00:00

BANGKOK, May 12 (AFP): Thai authorities intercepted a tonne of crystal methamphetamine in one of the kingdom's biggest ever single seizures of the illegal drug, police said Sunday.The haul, with an estimated value of more than $25 million on the...

Ukrainian shelling kills seven in Russia

2024-05-13 00:00:00

MOSCOW, May 12 (Reuters/AFP): At least seven people were killed and 15 injured when a whole section of a multi-storey apartment block collapsed after a Ukrainian missile strike in the Russian city of Belgorod near the border with Ukraine, Russian...

First patient to get modified pig kidney transplant dies

2024-05-13 00:00:00

WASHINGTON, May 12 (AFP): The first living patient to receive a genetically modified pig kidney transplant has died two months after the procedure, the US hospital that carried it out said."Mass General is deeply saddened at the sudden passing of...

Israeli forces push deeper into Rafah

2024-05-13 00:00:00

RAFAH, May 12 (AP/AFP/Reuters): Israeli forces were battling Palestinian militants across the Gaza Strip on Sunday, including in parts of the devastated north that the military said it had cleared months ago, where Hamas has exploited a security vacuum to...

Chennai beat Rajasthan to boost IPL play-off hopes

2024-05-13 00:00:00

CHENNAI, May 12 (AFP): Skipper Ruturaj Gaikwad's unbeaten 42 and three wickets by Simarjeet Singh helped holders Chennai Super Kings move closer to an IPL play-off spot with a win over Rajasthan Royals on Sunday.Five-time champions Chennai restricted Rajasthan to...

Zimbabwe's Sean Williams retires from T20Is

2024-05-13 00:00:00

Zimbabwe all-rounder Sean Williams has retired from T20Is, reports Cricbuzz. The left-hander made his decision after the just-concluded five-match T20I series in Bangladesh. Bangladesh won the first four matches of the series before Zimbabwe got a consolation victory on Sunday...

Fast bowler Taskin suffers injury scare

2024-05-13 00:00:00

Bangladesh pace spearhead Taskin Ahmed missed the fifth and final T20 against Zimbabwe due to a side strain injury, reports BSS.He suffered the injury when he dived to save runs during the fourth T20I that Bangladesh eventually won by five...

Fragile top-order remains a concern ahead of World Cup

2024-05-13 00:00:00

Bangladesh captain Najmul Hossain Shanto led the Tigers to a 4-1 series win against Zimbabwe, but amidst the celebrations, he could not ignore the looming concerns ahead of his first World Cup as a full-time captain, reports UNB.Shanto admitted that...

Tigers fail to sweep T20 series against Zimbabwe

2024-05-13 00:00:00

Sikandar Raza and Brian Bennett hit half-centuries as Zimbabwe secured an eight-wicket consolation victory over Bangladesh in the final Twenty20 international in at Sher-e-Bangla National Cricket Stadium in the city on Sunday to avoid a 5-0 whitewash, reports AFP.Captain Raza...

Where are the missing children going?

2024-05-13 00:00:00

Every day, we come across news about missing children from media. We have almost become accustomed to encountering this issue across all forms of media in our country. Leaflets seeking information of 'missing child' are plastered all over, starting from...