LONDON/SYDNEY, July 4 (Reuters): World stocks clocked up more record highs on Thursday after U.S. data had narrowed the odds on a September Fed interest rate cut, while Europe was on politics watch again as UK voters headed to the...
FRANKFURT, July 04 (AFP): German factory orders fell for a fifth consecutive month in May, official data showed Thursday, the latest sign that the recovery in Europe's biggest economy was struggling to gain momentum.New orders, closely watched as an indicator...
BEIJING, July 04 (Reuters): China and Europe held several rounds of technical talks over tariffs on Chinese electric cars that the European Commission is set to confirm on Thursday, China's commerce ministry said at a regular news conference."To date, a...
Md Abdul Jabber, managing director of Janata Bank PLC, and Kabirul Ezdani Khan, executive chairman of National Pension Authority, shake hands after signing a memorandum of understanding in Dhaka on Wednesday.
'Duranta', a bicycle brand of the country's leading business conglomerate RFL, is participating in Eurobike, the international exhibition of bicycle. The five-day exhibition started in Frankfurt of Germany on July 03. About 1,800 companies from 60 countries across the globe...
Al-Arafah Islami Bank PLC opened its 220th branch at Atwari in Panchagarh district on Thursday. Managing Director and CEO of the bank Farman R Chowdhury inaugurated the branch as the chief guest while Bogura Zonal Head and Executive Vice President...
Islami Bank Bangladesh PLC opened its Bhatiary sub-branch under Pahartali Branch in Chattogram on Thursday. Miftah Uddin, Deputy Managing Director of the bank, inaugurated the sub-branch as the chief guest. Mohammad Nurul Hossain Kawsar, Executive Vice President & Head of...
Walton Hi-Tech Industries PLC, country's superbrand and leading electronics manufacturer, has paid around Tk 39.3 million (3.93 crore) to the Bangladesh Worker's Welfare Foundation under the Labour and Employment Ministry from the profit of the company in the fiscal year...
Prime Minister (PM) Sheikh Hasina emphasised the need for increased trade and commerce between Bangladesh and Spain to foster mutual cooperation and benefits, reports UNB."We want to increase the business between Bangladesh and Spain," she said.The Premier made the remark...
FE REPORT | 2024-07-05 00:00:00
The stock market regulator has finally penalised one individual investor, and three firms with fines of Tk 17 million in total for manipulating Himadri's stock price.The Bangladesh Securities and Exchange Commission (BSEC) also fined two other individual investors Tk 1.1...
FE REPORT | 2024-07-05 00:00:00
The securities regulator has suspended any type of transactions by an alternative fund run by RACE Asset Management after it found evidence of share trading between mutual funds and the alternative fund in violation of law. In a regulatory order...
Eastern Bank has commercially launched its revamped mobile banking app- EBL Skybanking with numerous new features, user friendliness, and robust security. The EBL Skybanking app was formally unveiled by Ali Reza Iftekhar, managing director of EBL at a ceremony held...
JUBAIR HASAN | 2024-07-05 00:00:00
Dhaka Bank PLC seeks to solidify its position within the country's banking sector by prioritising digital transformation and loan recovery efforts to bring down non-performing assets (NPAs).This vision steers the second-generation commercial bank towards increased focus on micro-banking operations, while...
FE REPORT | 2024-07-05 00:00:00
The prime index climbed 2.3 per cent on Thursday, the biggest single-day gain in more than 31 months, as buoyant investors made fresh bets on blue-chip shares, riding on renewed optimism.The market rally was largely supported by fundamentally-strong stocks that...
SHANGHAI, July 04 (Reuters): Tesla's best-selling Model Y was included in a list of electric and plug-in hybrid models that a local government in China can purchase as a service car, according to the official Chinese media outlet the Paper...
COPENHAGEN, July 04 (Reuters): Volvo Cars' sales in June rose 8 per cent to 71,514 cars from a year earlier, underpinned by strong performances in Europe and Latin America as well as for its new fully electric model EX30, the...
SHANGHAI, July 04 (AFP): Chinese Premier Li Qiang on Thursday called for global cooperation and a more open mindset in artificial intelligence, as a rivalry between Beijing and Washington heats up in the nascent tech field.China has raced to catch...
Concord Entertainment Co Ltd and Abul Khair Condensed Milk & Beverage Ltd have partnered to bring exceptional experiences to the visitors at the enchanting world of Foy's Lake Concord Amusement World in Chattogram, says a press release. The two companies...
The Board of Directors of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI), led by its President Shabbir A Khan, met Waseqa Ayesha Khan, State Minister for Finance, in her office on Thursday, says a press release.During the meeting, the BMCCI...
The 381st meeting of the Board of Directors of Shahjalal Islami Bank PLC held at its Corporate Head Office in Dhaka on Wednesday. The meeting was presided over by Chairman A. K. Azad. The Board approved a number of investment...
IFIC Bank has inaugurated its annual 'Modhumash Utshob 2024' at its Principal Branch in Dhaka on Wednesday. The month-long festivities will take place across all the 1400 branches and sun-branches of the bank. The bank's Additional Managing Director (AMD) Md....
Prime Minister Sheikh Hasina on Thursday highly praised the Bangladeshi workforce in Oman, saying they are contributing to the socioeconomic development of both the countries, reports BSS."Bangladeshi workers have contribution to your (Oman) economy as well as Bangladesh. Both economies...
The Bangladesh Telecommunication Regulatory Commission (BTRC) has issued a show cause notice on Grameenphone due to excessive call drops. If unable to provide a satisfactory explanation, the telco operator faces a fine of upto Tk 300 crore.The notice was issued...
Japanese Ambassador in Dhaka Iwama Kiminori on Thursday inaugurated a platform named Asian Skill Development Company Ltd (ASDCL) to support Bangladeshi students aspiring to work in Japan through providing education in the Japanese language, culture, and manners, reports BSS.Japanese companies...
Southeast Bank PLC organised a two-day in-house training programme on "Orientation Training on Agent Banking Operations" at its Training Institute recently. Agent Partners and Agent Staff from different Agent outlets participated in the training programme. Nuruddin Md Sadeque Hossain, Managing...
FE REPORT | 2024-07-05 00:00:00
A three-day international exhibition of jewellery machinery kicked off in Dhaka on Thursday to promote technology integration in the jewellery industry to make the country's gold industry an export-oriented one.Bashundhara Group Chairman Ahmed Akbar Sobhan inaugurated the country's first International...
The SME Foundation and Oxfam in Bangladesh have signed a Memorandum of Understanding (MoU) on SMEs to empower their businesses, promote and influence the ecosystem, and enhance financial inclusion to strengthen Bangladesh's SME sector, which covers 90 per cent of...
JAKARTA, July 4 (Reuters): Malaysian palm oil futures dropped on Thursday, tracking loss in the Dalian soyoil contract, while the market awaited for export and production data from the Malaysian Palm Oil Board (MPOB).The benchmark palm oil contract for September...
PARIS, July 4 (Reuters): Airbus delivered a preliminary total of around 67 airplanes in June, bringing the total for the first half of the year to around 323 aircraft, up 2 per cent from the same period last year, industry...
LONDON, July 4 (Reuters): Oil prices edged lower on Thursday, retreating from the previous session's multi-month highs, with investors taking profits as demand caution remained in focus despite last week's decline in US inventories.Brent crude futures were down 46 cents,...
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