FE REPORT | 2022-04-14 00:00:00
On the occasion of Bengali new year, the Bangladesh Small and Cottage Industries Corpo-ration (BSCIC) and Bangla Academy are jointly organising a fair, styled 'Boishahki Mela-1429, starting today (Thursday).The 15-day fair will be held at Bangla Academy in the city....
International Chamber of Commerce-Bangladesh (ICCB) has lauded Bangladesh's tremendous post-pandemic economic recovery and growth, reports BSS.The chamber said this in its current news bulletin for January to March, 2022 which was released on Wednesday.According to the bulletin, the economy of...
FE REPORT | 2022-04-14 00:00:00
The country's apex investment promotion agency and a platform of foreign investors join hands to promote and facilitate foreign investment in the country.To this end, the Bangladesh Investment Development Authority (BIDA) and the Foreign Investors' Chamber of Commerce and Industry...
FE REPORT | 2022-04-14 00:00:00
The government released Tk 23 billion for the payment of cash incentives to local exporters on their export earnings.It is the 4th installment of cash incentives for the April-June period of the current fiscal year (FY) 2021-2022.Export-oriented sectors including readymade...
Bangladesh International Arbitration Centre (BIAC) held a trophy and certificate distribution ceremony of the City Bank-BIAC International Inter University Arbitration Contest 2021 at the BIAC office in the city on Tuesday, says a press release. Dr Md Akhtaruzzaman, Vice Chancellor...
M AZIZUR RAHMAN | 2022-04-14 00:00:00
The government has issued request for proposals (RFPs) to eight previously short-listed global firms to build the country's maiden land-based LNG terminal with a capacity to handle 7.50 million tonnes per year (Mtpa), at Matarbari Island in the Bay of...
LONDON, Apr 13 (Reuters): Gold prices hit a one-month high on Wednesday, as the Russia-Ukraine conflict boosted demand for safe-haven bullion while investors also bought it as a cushion against soaring inflation.Spot gold rose 0.5 per cent at $1,977.24 per...
BEIJING, April 13 (Reuters): China imported fewer soybeans in March than a year earlier, customs data showed on Wednesday, as bad weather delayed exports from Brazil and poor crush margins curbed demand.The world's top importer of soybeans brought in 6.35...
ACI Motors has come forward to help farmers affected by recent flash floods in haor areas through ensuring timely Boro harvesting, says a press release.To this end, ACI Motors have already supplied more than 150 Yanmar harvesters in the haor-based...
LONDON, Apr 13 (Reuters): Oil prices rose by more than 2 per cent on Wednesday after Moscow said that peace talks with Ukraine had hit a dead end, fuelling supply worries, while weak economic data from China and Japan kept...
Shadya Naher Sheyam | 2022-04-14 00:00:00
Pahela Baishakh, the first day of the Bangla year, splashes the colour of festivity amidst the Bangalee souls. Dhaka also becomes crowded with the lush wedding of red and white. The city dances with the rhythm of colour, music and...
Noshin Nawar | 2022-04-14 00:00:00
Financial literacy refers to the knowledge and skill of effectively managing money. A financially literate person exhibits prudence while taking financial decisions by weighing the benefits, costs, and risks associated with the decision. Being equipped with the ability to manage...
SAMUEL MURSALIN | 2022-04-14 00:00:00
Anyone related to the job market of Bangladesh, be it job-seekers, employers, or merely followers, would notice a massive disparity in what the companies are looking for and what the candidate pool offers. That is why job-seekers complain that there...
Board meetingsFirst Security Islami Bank Ltd: A board meeting of the company will be held on April 20, 2022 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2021.Asia Pacific...
SEOUL, Apr 13 (Reuters): South Korea's finance minister will lobby for the country to be included in the Morgan Stanley Capital International (MSCI) developed market index when he meets the index provider next week, he said on Tuesday."Inclusion in the...
SHANGHAI/HONG KONG, Apr 13 (Reuters): Global index-tracking fund managers with exposure to US-listed Chinese firms are pushing index providers to swap into their Hong Kong-traded peers as delisting risks threaten to roil the $37 billion market for China-focused exchange-traded funds...
FRANKFURT, April 13 (Reuters): Volumes of EEX's flagship power and gas futures products rose sharply in the first quarter of 2022, the European Energy Exchange said on Wednesday, adding that it expected 2022 volume growth and financial results will exceedlast...
HONG KONG, Apr 13 (AFP): Many Asian markets made gains Wednesday, despite losses on Wall Street and across Europe sparked by data showing red-hot US inflation.The US consumer price index surged 8.5 percent in March compared with a year ago,...
Former Shipping Minister Shajahan Khan MP delivering his speech at an Iftar and Doa Mahfil organized by Shippers' Council of Bangladesh (SCB) as the chief guest at Dhaka Club Ltd on Tuesday. SCB Chairman Md. Rezaul Karim, Senior Vice Chairman...
The 123rd meeting of the board of directors of Takaful Islami Insurance Limited was held on Tuesday at Dhanmondi, Dhaka. Chairman of the company Anwer Hossain Khan, MP presided over the meeting which was attended by Vice Chairman Abul Hashem...
Mutual Trust Bank Limited (MTB) has recently signed an agreement with Loop Freight Limited to finance suppliers of Loop to buy commercial vehicles. Md. Khalid Mahmood Khan, Deputy Managing Director, Corporate & Commercial Business of MTB, and Rajib Das, Managing...
Chittagong Stock Exchange has changed its name to "Chittagong Stock Exchange PLC" from "Chittagong Stock Exchange Ltd." The Registrar of Joint Stock Companies and Firms accorded approval to change the registered name of the company in compliance with the Companies...
Dhaka Bank Limited has signed two agreements recently for providing cash management services and payroll banking services to Coppertech Industries Limited at Dhaka Bank's head office. Mustafa Husain, SEVP & Manager, Gulshan Branch, Dhaka Bank, and Abbasi Adam Ali, Managing...
FE REPORT | 2022-04-14 00:00:00
Share price of Imam Button Industries, a junk stock, is rising on the Dhaka Stock Exchange (DSE) though the company incurred losses and not giving dividends for many years.Within 10 trading days, the company's share price jumped more than 31...
Shameem Ahsan, Partner of Pegasus Tech Ventures has been re-elected as the President of the Venture Capital & Private Equity Association of Bangladesh (VCPEAB) for the term 2022-24. Shameem also served as President of Bangladesh Association of Software & Information...
Consolidated Earnings Per Share (EPS) of City Bank was recorded at BDT 5.15 for the period from January to December 2021 against that of BDT 4.09 during the same period last year. The bank also reported BDT 5,494 million consolidated...
FE REPORT | 2022-04-14 00:00:00
Stocks bounced back in the gaining streak on Wednesday, snapping a two-day sharp fall, as bargain hunters went on late hours buying spree on lucrative issues.The market opened sharply lower and the key index lost 60 points in the first...
CHATTOGRAM, Apr 13 (UNB): A 32-year-old biker died while his friend riding pillion was injured after being hit by a speeding bus in Chattogram on Tuesday night, police said.The deceased was identified as Mohammad Farhad, son of Abdul Malek of...
THAKURGAON, Apr 13 (UNB): Two children drowned in a river in Kohorpara village of the district's Sadar upazila on Tuesday, police said on Wednesday.The deceased were identified as Siam (9), son of Yunus Ali, and Masum Billah (11), son of...
Kamrul Islam, a caretaker of a residential building in Dhaka's Mirpur, always buys new clothes for his family, if not for himself, on Bengali New Year.But this year marks an exception as another major festival, Eid-ul-Fitr, looms. Mindful of the...
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