Major stock markets in the Gulf fell in early trade on Wednesday amid weak oil prices and as worries about the global growth outlook drove investors away from risky assets, reports Reuters.US manufacturing contracted at a moderate pace in August...
Overseas investors aggressively withdrew from Asian tech stocks in August, as they turned pricey after their recent rally and doubts emerged about the profitability of AI investments, reports Reuters.According to LSEG data, foreigners sold a net $3.8 billion worth of...
BERLIN, Sept 4 (Reuters): German measures to incentivize workers to retire later come as governments across Europe are turning to pension reforms to address worker shortages and ease the burden on their pension systems.Here is what other European countries are...
BENGALURU, Sept 04 (Reuters): Activity in India's dominant services sector rose at its fastest pace in five months in August as demand remained resilient amid easing inflationary pressures, a survey showed.The HSBC final India Services Purchasing Managers' Index, compiled by...
LUCKNOW (India), Sept 04 (Reuters): From Instagram ads to telesales, Japanese automakers Toyota and Maruti Suzuki are going all out to market their hybrid cars in the most populous Indian state of Uttar Pradesh, aiming to cash in on tax...
NEW YORK, Sept 04 (Reuters): Intel's contract manufacturing business has suffered a setback after tests with chipmaker Broadcom failed, three sources familiar with the matter told Reuters, dealing a blow to the company's turnaround efforts.The tests conducted by Broadcom involved...
Popular Fast Food chain brand 'Fry Bucket' has launched an outlet at Aftabnagar in Dhaka recently. Animesh Saha, Deputy Managing Director of Fry Bucket, inaugurated the outlet near the East West University. Anisul Islam, Head of Marketing of Fry Bucket,...
Abul Kalam Azad, Chief Executive Officer of Takaful Islami Insurance Limited, handed over a cheque for Tk 42,86,768 to Md Zillur Rahman Khan, Proprietor & Managing Director of Shugandha Feed Mills Ltd, a client of the IBBL, Barishal Branch, against...
Asset Developments & Holdings Ltd, a leading builder and developer company in Bangladesh, has donated Tk 2.0 million to the Chief Adviser's Relief and Welfare Fund for flood victims. The amount includes voluntary contribution of one day's salary from its...
FE REPORT | 2024-09-05 00:00:00
Just a few days after the reconstitution of the board, Social Islami Bank Ltd (SIBL) Managing Director Zafar Alam and Habibur Rahman and Khorshed Alam, both of whom are deputy managing directors (DMD), resigned from their positions.The top executives of...
Mutual Trust Bank (MTB) PLC. recently signed an agreement with Starpath Holdings Ltd. to provide payroll banking services to its employees. Md. Shafquat Hossain, deputy managing director & head of retail banking of MTB and Md. Wahiduzzaman, managing director &...
The International Division of Southeast Bank PLC has been awarded ISO 9001:2015 Certification from Bureau Veritas (Bangladesh) Pvt Ltd, a globally recognised certification body for establishing Quality Management System (QMS) in its operation. This is the first time the International...
FE REPORT | 2024-09-05 00:00:00
Stocks extended the losing streak for the third straight session on Wednesday, as jittery investors dumped their holdings to avoid further erosion of their portfolios amid concerns over the country's macroeconomic situation.The prime index of the Dhaka Stock Exchange (DSE)...
Modhumoti Bank donated Tk 5 million to Chief Advisor's Relief & Welfare Fund to support the people who have been suffering due to the devastating flood under the CSR activities of the bank. Besides, employees of the bank have contributed...
Sheikh Zahidul Islam was elected as the new Chairman of the Audit Committee of Union Bank PLC and Md Humayun Kabir as the new Chairman of the Risk Management Committee of the bank.They were elected at the first meeting of...
FE REPORT | 2024-09-05 00:00:00
ICT Adviser Nahid Islam has instructed the officials to scrap unnecessary projects under the 'Aspire to Innovate (a2i)' initiative, a special programme taken during the Sheikh Hasina-led government.He also said that several investigation committees have been formed to look into...
FE REPORT | 2024-09-05 00:00:00
Brokers have raised questions about the recent appointment of seven independent directors to the board of the Dhaka Stock Exchange (DSE), saying they have been chosen without consultation with the bourse. The new appointees do not have any female representation,...
JUBAIR HASAN | 2024-09-05 00:00:00
National Credit and Commerce (NCC) Bank PLC is expected to strengthen its focus on Islamic banking services to meet demand of its growing number of Shariah-based clients, and to transform the bank into their reliable Islamic partner.As part of the...
FE REPORT | 2024-09-05 00:00:00
Walton Hi-Tech Industries secured a remarkable 73 per cent year-on-year growth in profit to Tk 13.57 billion in FY24, overcoming high inflation and other macroeconomic challenges.The electronic and home appliance giant's earnings per share (EPS) jumped to Tk 44.78 in...
The Awami League (AL) has welcomed the joint operation to recover weapons and ammunition, but urged the authorities to ensure the innocents are not harassed, reports UNB."We welcome the joint operation to recover weapons and ammunition. As criminals are wreaking...
NARAYANGANJ, Sept 4 (BSS): Two separate murder cases have been filed against former minister Obaidul Quader, former Narayanganj city mayor Selina Hayat Ivy and former MP Shamim Osman with Siddhirganj thana.A murder case was filed on Tuesday evening against 130...
FE REPORT | 2024-09-05 00:00:00
Bangladesh Nationalist Party (BNP) Senior Joint Secretary General Ruhul Kabir Rizvi demanded trials of the persons involved in the mass killings during the anti-Hasina movement. "It will be a treacherous act against the martyred, if the killers, who have killed...
FE REPORT | 2024-09-05 00:00:00
Former inspector general of police (IGP) Chowdhury Abdullah Al-Mamun has been place on eight-day remand and another former IGP AKM Shahidul Hoque placed on seven-day remand in two murder cases.Judge of the Metropolitan Magistrate court in Dhaka, Md Akteruzzaman, passed...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Rangpur and Mymensingh divisions and at one or two places over Rajshahi, Dhaka, Khulna, Barishal, Chattogram and Sylhet divisions with moderately...
The 12th death anniversary of Dr Anwarul Abedin, founder chairman of American International University-Bangladesh (AIUB), will be observed today (Thursday), says a press release.On this occasion, his family and the AIUB community will hold a Qurankhwani and milad mahfil on...
Members of Bangladesh Coast Guard rescued three crew members of vessel Tasmiara-1, taken hostage by miscreants. They were rescued from Aliganj Madrasa Ghat in Narayanganj's Fatullah area on Wednesday. – Coast Guard
MOULVIBAZAR, Sept 4 (UNB): The Indian Border Security Force (BSF) handed over the body of a 13-year-old Bangladeshi girl, who was shot and killed in BSF firing, to the Border Guard Bangladesh (BGB) on Tuesday night-45 hours after the incident...
GAZIPUR, Sept 4 (BSS): One of the 23 top listed terrorists, Sheikh Mohamad Aslam alias Sweden Aslam, was released on bail from the Kashimpur jail on Tuesday night after 19 years of his captivity as an accused in 22 criminal...
The outpatient services at Dhaka Medical College Hospital (DMCH) and Suhrawardy Medical College Hospital resumed in full swing on Wednesday, reports UNB.DMCH director Brigadier General Asaduzzaman Khan confirmed the resumption of outpatient services. Visiting the hospital, it was found that...
FE REPORT | 2024-09-05 00:00:00
A Dhaka court on Wednesday placed Diamond World Limited Managing Director (MD) Dilip Kumar Agarwala on a three-day remand in a case filed over killing BNP activist Ridoy Ahmed during recent Anti-Discrimination Movement. Judge of the Chief Metropolitan Magistrate Court...
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