COLOMBO, April 18 (Reuters): The International Monetary Fund (IMF) stands ready to support Sri Lanka's discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday."We hope an...
BEIJING, Apr 18 (Reuters): Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher than expected, CEO Lei Jun said on Thursday, as the company began delivering standard versions of the so-called SU7 to buyers ahead...
RIYADH, Apr 18 (Arab News): Spanish investments in Saudi Arabia have surpassed $3 billion in the last 10 years, with bilateral relations contributing to the development of vital sectors, according to a top official.The Kingdom's Minister of Municipal, Rural Affairs,...
NEW DELHI, Apr 18 (Reuters): Tesla chief Elon Musk is set to announce an investment in India of $2-$3 billion, mainly for building a new factory, when he visits New Delhi next week to meet Prime Minister Narendra Modi, two...
The 14th Annual General Meeting (AGM) of Pubali Bank Securities Limited was held at the bank's head office in the city Wednesday. Moniruddin Ahmed, Chairman of the board of directors of Pubali Bank Securities Limited, presided over the meeting. Directors...
The audit committee of the board of directors of Modhumoti Bank convened its 44th meeting on Thursday. Shaikh Salahuddin, MP, chairman of the audit committee and vice-chairman of the board, presided over the meeting. A Mannan Khan, Mojibul Islam Panna,...
Mutual Trust Bank (MTB) recently inaugurated a new sub-branch in Dhaka's Khilkhet area. Syed Mahbubur Rahman, managing director and CEO of MTB, inaugurated the branch opening ceremony. Abdul Mannan, head of MTB's branch banking division, and Azam Khan, head of...
Aiming to enhance passenger services and ground handling capacity, Biman Bangladesh Airlines has recruited 84 ground service assistants, reports UNB.Biman Bangladesh Airlines Managing Director and CEO Shafiul Azim officially issued the appointment letter to 84 new ground service assistants at...
A hefty amount of Mohor is stipulated in marriage, but it becomes difficult for the groom to fulfill the financial commitment (Mohor) to his wife while simultaneously meeting the family's expenses. Islami Bank Bangladesh PLC has launched Mudaraba Mohor Savings...
RIYADH, Apr 18 (Arab News): Saudi EXIM Bank and its Swiss counterpart have signed an agreement to boost the Kingdom's non-oil exports, enhancing their global market competitiveness. In an X post following the deal, the Saudi lender stated that the...
ADN Telecom has signed an agreement with Bangladesh Hi-Tech Park Authority on allotment of land in favour of the company.The agreement was signed on the premises of Hi-Tech Park Authority, Dhaka on Tuesday, says a press release.In presence of GSM...
Speakers at a discussion on Thursday laid emphasis on taking immediate preparations and necessary actions to sustain the country's ship recycling industry, reports BSS.They mentioned that if the Treatment Storage and Disposal Facility (TSDF) in all yards are not compliant...
FE REPORT | 2024-04-19 00:00:00
Dutch-Bangla Bank Ltd (DBBL) rose 7.20 per cent on the Dhaka Stock Exchange (DSE) on Thursday as investors were buoyed by its 42 per cent year-on-year profit growth in 2023. DBBL secured a profit of Tk 8.02 billion last year,...
FE REPORT | 2024-04-19 00:00:00
The stock market witnessed yet another massive setback on Thursday, with the key index of the Dhaka bourse sinking below 5,700-mark for the first time in nearly three years.The market has already been bearish since the removal of the floor...
LONDON, Apr 18 (Reuters): The US dollar's dominant reserve currency status is likely to endure partly because even the most talked about alternative the Chinese yuan falls short as a credible challenger, Morgan Stanley said in a report on Thursday.Rivalry...
RIYADH, Apr 18 (Arab News): The UAE recorded an annual 64 per cent surge in trademark registrations, amounting to 4,610 in the first quarter of 2024, official data showed.The figures, released by the nation's Ministry of Economy, reveal the notable...
RIYADH, Apr 18 (Arab News): Egypt's foreign debt increased by $3.5 billion in the fourth quarter of 2023, reaching a total of $168 billion, as reported by the nation's planning ministry. This marks a climb from the $164.5 billion recorded...
BENGALURU, Apr 18 (Reuters): The Indian food regulator has started an enquiry into Nestle India over the alleged use of sugar in baby food products in low-income countries, including India, by its Swiss parent, the Economic Times (ET) reported on...
BRUSSELS, Apr 18 (AFP): The European Union's economy is falling further behind China and the United States, a major headache that will dominate leaders' talks on Thursday as they discuss how to stem the bloc's economic decline and bounce back.From...
LONDON, April 18 (AFP): Patients in the UK and European Union are facing shortages of vital medicines such as antibiotics and epilepsy medication, research published Thursday found.
Chartered Life Insurance Company Limited's Annual Awards Night Program-2023 was held at a city hotel in Dhaka on Wednesday, says a press release. 'Chartered Annual Award-2023' was given in various categories to those who achieved their respective targets during the...
Md. Momin Ullah Patwary, BP joined the Board of Meghna Bank PLC. on April 08, 2024 as an Independent Director.Recently, Bangladesh Bank approved his appointment as an Independent Director on the board of Meghna Bank PLC.Md. Momin Ullah Patwary, BP...
BAIRA Life Insurance Company Limited, a third generation life insurer, has recently confirmed appointment of Md. Jaynal Abedin Bhuiyan as its Chief Executive Officer (CEO), the company said in a statement received on Thursday. Abedin has been in the life...
The 377th meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at the bank's corporate head office on Wednesday. The meeting was presided over by Chairman of the Board of Directors A. K. Azad. Among others,...
NRBC Bank has celebrated its 12 years of operation in its commercial activities, Bangla New Year, and Eid reunion festival with enthusiasm. On the occasion of these three festivals, meetings and "One Dish Party" were organised in all divisions of...
FE REPORT | 2024-04-19 00:00:00
The use of environment-friendly and cost-effective building materials like autoclaved aerated concrete (AAC) blocks instead of burnt bricks can play an effective role in reducing pollution.The observations were made at the inaugural ceremony of 'Commercial Production of Maxcrete AAC Blocks...
NAZIMUDDIN SHYAMOL | 2024-04-19 00:00:00
CHATTOGRAM, Apr 18: The evaluation of three shortlisted foreign firms for a consultant on the Chattogram-Cox's Bazar Highway Improvement Project is expected to be completed by June this year, according to officials. The consultant will oversee the construction of four...
Fast bowler Jofra Archer said he cannot endure another year disrupted by injuries as he looks to secure a spot in England's Twenty20 World Cup squad, reports Reuters.The 29-year-old's career has been plagued by injuries and he has not played...
LONDON, Apr 18 (AFP): FA Cup replays will be scrapped from the first round onwards from next season as part of an agreement with the Premier League, the Football Association announced on Thursday.The FA had already dropped replays from the...
India captain Rohit Sharma has said that he is not a big fan of the Impact Player Rule in the Indian Premier League (IPL). Speaking on the Club Prairie Podcast ahead of Mumbai's match against Punjab, the former MI captain...
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