SINGAPORE, Apr 16 (Reuters): South East Asia is "woefully off track" on green investments to reduce emissions and needs new policies and financial mechanisms to help bridge the gap, the global consultancy Bain & Company said on Monday.With energy consumption...
PARIS, Apr 16 (Reuters): Amundi, Europe's largest asset manager, said on Tuesday it was making its biggest foray into the United States by selling its US arm to Victory Capital in exchange for a 26per cent stake in the US...
Paritosh Sarker, General Manager of Bangladesh Development Bank PLC, has recently been promoted to Deputy Managing Director (DMD) of the same bank, says a press release.Paritosh Sarker started off his career at the then Arab Bangladesh Bank Limited (now AB...
Shamim Uddin Ahmed has been promoted to Deputy Managing Director of Agrani Bank PLC as per a notification dated April 9 of the finance ministry's Financial Institutions Division, says a press release.Prior to the promotion, he served as general manager...
Md Foyez Alam and Md Harunur Rashid, the newly promoted Deputy Managing Directors (DMDs) of Rupali Bank PLC, pay tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his portrait at Dhanmondi Road-32 in...
FE REPORT | 2024-04-17 00:00:00
Foreign Minister Dr Hassan Mahmud and his Greek counterpart George Gerapetritis on Tuesday expressed commitment to forge bilateral cooperation in different areas, including migration and mobility, trade and investment, shipping, manpower and recruitment.They also discussed ways to step up cooperation...
HONG KONG, Apr 16 (Reuters): HSBC is laying off more than a dozen of its investment banking staff in Asia as dealmaking in the region slows, three people with knowledge of the matter told Reuters on Tuesday.Bankers in Hong Kong...
Bangla Noboborsho 1431 was celebrated in the United States with grandeur and enthusiasm. Hosted by IFIC Bank and organised by NRB Worldwide, the celebrations began with a 'Mangal Sobhajatra' at the Times Square in New York City on Saturday. Bengalis...
SAJIBUR RAHMAN | 2024-04-17 00:00:00
Transactions through agent banking accounts dropped by 6.34 per cent in February to Tk 692.95 billion, compared to the previous month, according to Bangladesh Bank (BB) data. In January, Tk 739.83 billion was transacted through such banking.Also, inward remittances collected...
SINGAPORE, April 16 (Reuters): Asian stocks fell and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected US retail sales for March further reinforced expectations that the Federal Reserve is unlikely to be in a rush to...
Most major stock markets in the Gulf were subdued in early trade on Tuesday, tracking Asian shares lower as stronger-than-expected US retail sales for March further reinforced expectations that the Federal Reserve is unlikely to be in a rush to...
DUBAI April 16 (Reuters): Microsoft is investing $1.5 billion in United Arab Emirates-based artificial intelligence firm G42, giving the US giant a minority stake and a board seat, allowing the two to deepen ties amid the global battle for tech...
Morgan Stanley's profit rose in the first quarter, lifted by a resurgence in investment banking led by equity underwriting where revenue more than doubled, reports Reuters.The Wall Street bank on Tuesday reported net income of $3.4 billion, or $2.02 per...
Premier Bank has signed a remittance disbursement agreement with the mobile financial service provider Nagad Limited recently for the distribution of wage earners' foreign remittance directly to the beneficiaries' e-wallet. Additional Managing Director of Premier Bank Shamsuddin Chowdhury and Executive...
Eastern Bank cardholders will enjoy special benefits at Unimart Limited, one of the premium super shops of Bangladesh. M. Khorshed Anowar, deputy managing director and head of retail and SME banking, EBL, and Shahin Mahmud, chief operating officer, Unimart Ltd,...
COLOMBO, April 16 (Reuters): Sri Lanka on Tuesday rejected international bondholders' proposal to restructure more than $12 billion in debt, putting at risk critical International Monetary Fund support and delaying its efforts to resolve a two-year-long debt crisis.Some of the...
FE REPORT | 2024-04-17 00:00:00
Lovello Ice-cream posted an impressive 73 per cent year-on-year growth in profit to Tk 61.44 million for the third quarter of FY24, riding on higher sales.Accordingly, earnings per share jumped to Tk 0.71 for the January-March quarter from Tk 0.41...
FE REPORT | 2024-04-17 00:00:00
Prime Bank and Uttara Bank have posted a double-digit profit growth for 2023, riding on higher interest income along with significant earnings from the government securities.The exchange gain was not as overwhelming during the year, but interest income, the core...
MELBOURNE, Apr 16 (Reuters): Former Australia batsman Michael Slater was refused bail by a court in Queensland state on Tuesday after being remanded in police custody and charged with multiple domestic violence offences including stalking and intimidation.Slater, 54, faces 19...
Bangladesh named former Pakistan leg-spinner and World Cup winner Mushtaq Ahmed on Tuesday as the spin-bowling coach for the men's national cricket team, reports AFP.Mushtaq will join the side before a preparation camp for next month's five-match Twenty20 international series...
NEW DELHI, Apr 16 (AFP): Better use of the Indian Premier League's impact substitute rule has been the big factor behind this season's run spree in the high-octane Twenty20 competition which has seen multiple scoring records smashed, say experts.Sunrisers Hyderabad...
MUMBAI, Apr 16 (IANS): Top-order batter Jemimah Rodrigues is a prominent player who misses out due to an injury as the Women's Selection Committee picked the Team India (Senior Women) squad for the upcoming tour of Bangladesh comprising five T20Is.The...
OLYMPIA, Greece, Apr 16 (AFP): The torch relay for the Paris 2024 Olympics set off Tuesday from Olympia, the birthplace of the ancient Games, after the flame was lit in a ritual inspired by antiquity and marked by messages of...
Bangladesh skipper Najmul Hossain said on Tuesday that experienced opener Tamim Iqbal requested some time to make up his mind regarding making a national comeback. Najmul sat with Tamim on April 15 (Monday) at the Sher-e-Bangla National Stadium to talk...
Fast bowler Nahid Rana, considered as the fastest bowler of the country at this moment, claimed his List A career-best 5-45 as Shinepukur Cricket Club secured a six-wicket win over Mohammedan Sporting Club by DLS method in the Dhaka Premier...
A 14-year-old school student died after an electric pole fell on his head in the Raisbagh area of Aditmari upazila of Lalmonirhat on Tuesday, reports UNB.The deceased, Al-Amin Islam, was a class 10 student at Raisbagh Haridas High School.Mahmud-un-Nabi, officer-in-charge...
OUR CORRESPONDENT | 2024-04-17 00:00:00
SYLHET, Apr 16: The people of remote villages in Sachna Bazaar Union under Jamalganj upazila of the district have been suffering much while crossing the Piain river as there is no concrete bridge over the river.During a rainy season, public...
OUR CORRESPONDENT | 2024-04-17 00:00:00
HABIGANJ, Apr: 16: Every year, farmers become anxious about Boro paddy in haor areas of the district due to flooding in the beginning of Baishakh.Local farmers' hopes for Boro crop are shattered by global climate change.In this climate situation, the...
OUR CORRESPONDENT | 2024-04-17 00:00:00
GAIBANDHA, Apr 16: The Gaibandha Fire Service and Civil Defense Station that was established in 1962 is now plagued with various problems, including a manpower crisis.The station has remained as a second-class one since its inception, sources said.The fire station...
Woman, five children dead after boatcapsizes in Indian Kashmir SRINAGAR, Apr 16: A woman and five children were killed after a boat ferrying them across a swollen river capsized in Indian-administered Kashmir on Tuesday, officials said. Rescuers in rubber boats...
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