Levi's, an iconic denim lifestyle brand, has opened its first store in Bangladesh. Located at Banani Road in Dhaka, the Levi's store boasts an elevated brand and shopping experience as well as a diverse product assortment that is catered to...
ISMAIL HOSSAIN | 2024-04-22 00:00:00
A report by Indian think-tank CUTS International (Consumer Unity & Trust Society) has warned India about the possible impact of the proposed Bangladesh-Japan Free Trade Agreement (FTA) on its trade with Bangladesh.The report -- a quarterly analysis by CUTS Dossier...
WASHINGTON, Apr 21 (Reuters): The Inter-American Development Bank on Saturday said leaders of 10 multilateral development banks committed to take action in five critical areas, including additional lending headroom totaling $300-400 billion over the next decade.The effort comes amid growing...
NEW DELHI, Apr 21 (Reuters): Income tax receipts in India, comprising personal and corporate levies, rose 17.7 per cent year-on-year to nearly $235 billion in the 2023/24 financial year ending in March, reflecting the rising incomes of rich taxpayers and...
Concern about the rapidly rising US government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the country's fiscal path, market observers say, reports Reuters.The US budget...
LONDON, April 21 (Reuters): Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world markets with geopolitical risks that can swiftly change the direction of anything from oil to...
Most stock markets in the Gulf were subdued on Sunday amid geopolitical strife and uncertainties surrounding US Federal Reserve policy, reports Reuters.In its first ever direct attack on Israel, Iran sent a barrage of more than 300 missiles and drones...
MOSCOW, April 21 (Reuters): The Russian broker organising an asset swap scheme that could free up frozen funds for Russian and foreign investors would consider unblocking around $500 million worth of funds a good result, its head told Reuters on...
Chairman of the Board of Directors of ICB Prof Dr Suborna Barua and Managing Director Md Abul Hossain paid tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his mausoleum in Tungipara, Gopalganj, on...
A 30-day foundation training course in banking organised by Agrani Bank Training Institute (ABTI) began on Saturday. Managing Director and CEO of Agrani Bank PLC Md Murshedul Kabir inaugurated the course and also conducted a session. DMD Wahida Begum was...
The Embassy of Bangladesh in Washington DC, USA and Sonali Exchange Co. Inc. (SECI), a subsidiary of Sonali Bank PLC, jointly organised a customer gathering and SECI app campaign to raise awareness about sending remittance through legal channel to the...
The 14th International Women's SME Expo-2024 organised by the Chittagong Women Chamber of Commerce and Industry (CWCCI) began at the port city's Railway Pologround on Saturday. Foreign Minister Dr Hasan Mahmud attended the programme as the chief guest while CWCCI...
First Security Islami Bank (FSIB) has provided gift items to pre-registered hajj pilgrims for the upcoming hajj season. A ceremony was held at the FSIB head office to hand over the gifts to representatives of concerned hajj agencies. Muhammad Mustafa...
The Southeast Bank Training Institute recently organised a comprehensive in-house training programme on the principles of Islamic banking, product knowledge and marketing for the bank's Tijarah Islamic Banking Segment. Sixty participants from the bank's Islamic Banking Service Desks attended the...
Bangladesh and Nepal in a commerce secretary level meeting put emphasis on finalising the Preferential Trade Agreement (PTA), highlighting its significance in boosting bilateral trade between Bangladesh and Nepal, reports BSS.The 7th Commerce Secretary Level Meeting (7th CSLM) between Bangladesh...
FE REPORT | 2024-04-22 00:00:00
Walton Hi-Tech Industries secured a remarkable 79 per cent year-on-year growth in profit to Tk 4.22 billion in the third quarter through March this year, supported by a significant decrease in foreign currency transaction loss. Its earnings per share rose...
A panel titled 'Team Smart' led by Mostafizur Rahman Sohel has been formed to contest the upcoming election to the executive committee (2024-26) of Bangladesh Association of Software and Information Services (BASIS). The panel is now running its campaign in...
FE REPORT | 2024-04-22 00:00:00
The IBN Sina Pharmaceutical Industry posted a 44 per cent year-on-year growth in profit to Tk 135 million for the January-March quarter of FY24, riding on higher sales.The drug maker's consolidated earnings per share (EPS) stood at Tk 4.31 for...
BABUL BARMAN and FARHAN FARDAUS | 2024-04-22 00:00:00
Bank Asia's proposed acquisition of the Bangladesh chapter of Karachi-based Bank Alfalah seems to be a good deal, considering the financial performance of the latter over the years. Bank Alfalah Bangladesh's net interest income grew 34 per cent year-on-year to...
M M Mahbub Hasan | 2024-04-22 00:00:00
The whole world is now struggling to deal with climate change and environmental challenges. In particular, the current concentration of carbon dioxide in the atmosphere of 421 ppm is causing a major headache, which has almost doubled from 280 ppm...
The road connecting Rampura bridge to Demra staff quarter experiences heavy traffic flow, causing significant congestion. This issue leads to frequent and severe traffic jams, particularly during peak hours. Meanwhile, Aftab Nagar is emerging as a rapidly growing residential area...
The scorching summer heat, exacerbated by an agonising absence of rainfall, has made life unbearable for many and wreaked havoc on crops and livestock across Bangladesh. The economic repercussions of this heat wave are stark, with overall economic activity suffering...
Neil Ray | 2024-04-22 00:00:00
It was a pandemonium in, of all places, a hospital's intensive care unit (ICU). Parents and attendants rushing out of the room to save the lives of babies under treatment there for heart problems, a few of them recovering after...
Syed Fattahul Alim | 2024-04-22 00:00:00
Not many people nowadays are deeply moved by the heart-rending reports of avoidable road accidents that make families happy and together seconds before devastated in the blink of an eye. The public have accepted it as though it is something...
A severe heat wave now sweeping across the country has made life miserable. The latest update from the Bangladesh Meteorological Department offers little hope of respite and paints a foreboding picture of weather conditions across various regions. Khulna division together...
Muhammad Zamir | 2024-04-22 00:00:00
The European Union has finally initiated a comprehensive strategy pertaining to several dimensions related to human trafficking and seeking migration through asylum. The process has witnessed polarisation, strong debates and challenges. It may be recalled that a sort of political...
Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at one or two places over Sylhet divisions with hails at isolated places until 06:00 pm today (Monday ), according to the Met office.The prevailing heat wave may continue....
FE REPORT | 2024-04-22 00:00:00
Bangladesh Road Transport Authority (BRTA) has categorically contradicted the data of road accidents during the Eid vacation as reported by Bangladesh Jatri Kalyan Samity (BJKS).The information is misleading as 296 people were killed and 405 injured in 254 road accidents...
Prof Dr Kamrul Ehsan, chairman of Chemistry Department at Dhaka University, and Prof Dr Md Aftab Ali Sheikh, chairman of Bangladesh Council of Scientific and Industrial Research (BCSIR), have been elected president and general secretary of Dhaka University Chemistry Alumni...
NARAYANGANJ, Apr 21 (UNB): Thirty people were injured in a clash between police and garment workers in the BSCIC industrial area at Fatullah in Narayanganj district on Sunday.Quoting witnesses, police said a group of workers of Abanti Colour Tex Limited...
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