FE Report | 2022-04-25 00:00:00
Khulna Power Company Ltd. (KPCL), a listed power producer, will sell its 110MW barge mounted power plant at a value of US $15 million to a US-based company.The KPCL has signed an agreement with Excelerate Global Operations LLC of USA...
FE REPORT | 2022-04-25 00:00:00
The market witnessed yet another bullish session on Sunday while turnover rose to Tk 8.95 billion on the prime bourse, as institutional investors injected fresh funds into major sector stocks.The market opened higher and the key index rose about 58...
While the Kazakhstani government has pledged to supply regional markets with wheat, many flour millers have ceased operations due to a lack of imports from Russia, according to a report from the Foreign Agricultural Service of the US Department of...
TOKYO, Apr 24 (Reuters): Japan's crude steel output in March fell 4.3 per cent from a year earlier, the Japan Iron and Steel Federation said on Thursday, citing continued slow automobile production because of microchip and parts shortages.Output in Japan,...
The capital and the most populous city of Nepal is now connected to Saudi Arabia for the first time. Nepal Airlines Corporation, the flag carrier of the mountainous Asian region, launched its service from Nepal's Tribhuvan International Airport, reports simpleflying.com.The...
LONDON, Apr 24 (Reuters): Asian spot liquefied natural gas (LNG) prices were down last week on softer Spring demand but further downside is limited as Asian buyers are expected to start to return to the market.The average LNG price for...
CAIRO, Apr 24 (AFP): Young men on bikes and scooters zip through Cairo, Egypt's sprawling megalopolis, dodging cars to deliver more than a million orders each day, with little physical or legal protection.Egypt's digital gig economy is growing, as economic...
RIYADH, Apr 24 (Arab News): Saudi shipping firm Bahri saw its profit surge by 49 per cent to SR64.9 million ($17 million) during the first quarter of 2022 on higher oil revenues.The firm, which is a joint venture between the...
RIYADH, Apr 24 (Arab News): The UAE-based food packaging manufacturer Hotpack Global is planning to invest 350 million dirhams ($95 million) over the next 10 years to build 10 biodegradable packaging plants in Malaysia. This comes in partnership with a...
SHANGHAI, Apr 24 (Reuters): Some Chinese state banks, such as Bank of China and Bank of Communications, will cut deposit rate ceilings on Monday, joining smaller lenders, sources told Reuters.The planned cuts come a week after regulators encouraged smaller banks...
FE Report | 2022-04-25 00:00:00
The festive seasons remained cloaked in uncertainty due to the Covid-19 pandemic in recent years.Despite the ongoing concerns, the pandemic painted a positive picture of the digital payment ecosystem in the last two years, with buyers increasingly accepting cashless modes...
NEW DELHI, Apr 24 (Reuters): Softbank-backed Ola Electric said on Sunday it will recall 1,441 of its electric scooters, weeks after one of its vehicles caught fire, prompting a government probe into the incident.Scooters involving Indian start-ups Okinawa and PureEV...
Increased business interactions and collaboration between apparel and textile exporters of Bangladesh and India can open up new trade opportunities, said BGMEA President Faruque Hassan, reports BSS.It is important to explore more avenues and platforms to bring manufacturers and exporters...
ACI Motors has recently introduced brand new ambulance from Foton International in Bangladesh, says a press release.Imported with fully factory fitted accessories, the ambulance has unique features ensuring comforts of both patient and driver, which are not available in locally...
FE REPORT | 2022-04-25 00:00:00
Bangladesh Garment Manufactur-ers and Exporters Association (BGMEA) has urged the government to cut all illegal gas connections in the country to ensure smooth supply of gas to legal users, including industries.BGMEA President Faruque Hassan made the call on Sunday in...
Nine years have gone by, but the affected families and survivors of Rana Plaza collapse are still haunted by the memory of the worst-ever tragedy in the country's multi-billion-dollar ready-made garment (RMG) industry, reports UNB.Different rights bodies, workers' organisations and...
Counter Terrorism and Transnational Crime (CTTC) unit of Dhaka Metropolitan Police arrested a member of banned militant outfit Ansar Al Islam from Mohakhali area in the city on Saturday, reports UNB.The arrestee is Ujjal Mia alias Ujjal Khandaker, 23, son...
Satkhira district Jamaat Amir and former Jamaat lawmaker Abdul Khaleq Mondol, who has been sentenced to death by the International Crimes Tribunal (ICT) in a case of crimes against humanity, has filed an appeal against the conviction, reports BSS.Mujahidul Islam...
Turkish Ambassador in Bangladesh Mustafa Osman Turan on Sunday met BNP Secretary General Mirza Fakhrul Islam Alamgir and discussed various issues, including the next national election in Bangladesh, reports UNB.Turan along with Kemal Burak Temizel, deputy head of mission at...
NEW YORK, Apr 24 (AP): New Mexico faces a long and potentially devastating wildfire season, Gov. Michelle Lujan Grisham said Saturday, as Southwestern wildfires cause destruction and force people from their homes.Hundreds of structures were lost in a growing number...
WASHINGTON, Apr 24 (AFP): UN Secretary General Antonio Guterres discussed the ongoing flare-up of tensions around Jerusalem's holy sites in separate calls Saturday with the Israeli prime minister and Palestinian president.In statements released after both calls, the UN said Guterres...
PARIS, Apr 24 (AFP): Not even one in four people have completely recovered from Covid a full year after being hospitalised with the disease, a UK study indicated Sunday, warning that long Covid could become a common condition.The study involving...
BEIJING, Apr 24 (AP): China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings Beijing is setting back efforts to cut climate-changing carbon emissions from the biggest global source.Official plans call for...
TRIPOLI, Apr 24 (AFP): At least six people died, including a little girl, and almost 50 others were rescued after a migrant boat capsized off Lebanon, state media said, in the latest tragedy at sea off the crisis-hit country.The boat...
TOKYO, Apr 24 (AFP): At least 10 people were confirmed dead Sunday after a sightseeing boat sank in frigid waters off Japan's northeast, the coast guard said, with the search continuing for 16 others still missing."We have confirmed the deaths...
SRINAGAR, Apr 24 (AP): India's Prime Minister Narendra Modi visited Himalayan Kashmir for his first public event on Sunday since New Delhi stripped the disputed region's semi-autonomy and took direct control in 2019.Modi arrived amid massive security and is scheduled...
KYIV, Apr 24 (AFP): Ukrainian President Volodymyr Zelensky on Saturday called again for a meeting with Russian leader Vladimir Putin in an effort to "put an end to the war"."I think that whoever started this war will be able to...
MELBOURNE, Apr 24 (AFP): Players from Afghanistan's national women's football team competed in a local league match in Australia on Sunday for the first time since fleeing the hardline Islamist Taliban.The result was a scoreless draw after an Afghan goal...
The Indian Premier League (IPL) 2022 playoffs will be played in front of full capacity crowds in Kolkata and Ahmedabad, the Board of Control for Cricket in India (BCCI) has confirmed, reports ESPNcricinfo. Eden Gardens will host Qualifier 1 on...
PARIS, Apr 24 (AP): Boos at halftime were replaced by raucous cheering at fulltime when Paris Saint-Germain clinched a record-tying 10th French league title after drawing with Lens 1-1 on Saturday.Lionel Messi, in his first season with PSG, controlled a...
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