MUMBAI, April 2 (Reuters): India's largest real estate investment trust, Embassy Office Parks, plans to raise up to $400 million from investors, two sources with direct knowledge said, as it looks to meet demand for office space from global and...
MOSCOW, Apr 2 (Reuters): Russian wheat export prices rose for the third week in a row, with analysts pointing to increased weather risks to the new crop.The price of 12.5 per cent protein Russian wheat scheduled for free-on-board (FOB) delivery...
Janata Bank PLC has distributed food items among underprivileged, helpless and poor people at Bara Harishpur in Natore recently on the occasion of Eid-ul-Fitr. Director of the bank Ajit Kumar Pal was present at the distribution programme as the chief...
TOKYO, Apr 2 (Reuters): Japan must shift its policy focus away from crisis-mode stimulus towards achieving private sector-driven economic growth, a government panel said on Tuesday in the wake of the central bank's decision to end eight years of negative...
Green Delta Insurance announced a 25 per cent cash dividend for its shareholders for the year ending December 31, 2023, at its 38th annual general meeting held virtually on Sunday. The meeting was chaired by Abul Hasan Chowdhury, chairman of...
Shahjalal Islami Bank has been awarded the title of 'strongest Shariah-based bank' by the Global Economist Forum. Mosleh Uddin Ahmed, managing director of Shahjalal Islami Bank, received the award from Dr Iftekhar Ahmed Chowdhury, former foreign affairs advisor of the...
In an effort to enhance the competitiveness of the garment industry, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) launched the 'Khalilur Rahman Knowledge Centre' at its headquarters in Dhaka on Tuesday, reports BSS.As the apex trade body representing the...
Md Mohsin Habib Chowdhury has been appointed a Director of Berger Paints Bangladesh Limited in addition to his role as the Chief Operating Officer (COO) of the company, says a press release. Mr Chowdhury's career spans over 29 years within...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a webinar on 'ChatGPT for Competitive Advantage' recently, says a press release. Founder & CEO of Thriving Skills Limited Md Abdullah Al Mahmud, the resource person of the webinar,...
FE REPORT | 2024-04-03 00:00:00
BRAC Bank has declared the highest dividends in six years for 2023 after securing a 35 per cent year-on-year growth in profit, supported by higher interest income.The bank's consolidated profit stood at Tk 8.275 billion for the year ended in...
BRAC Bank's mobile app, Astha, has achieved a record monthly transaction volume, manifesting the app's popularity among customers as a day-to-day digital banking platform. The mobile app has crossed Tk 100 billion monthly transaction in March 2024, which is a...
FE REPORT | 2024-04-03 00:00:00
The Capital Market Stabilisation Fund (CMSF) has finally decided to disburse low-cost loans worth Tk 1 billion to market intermediaries for liquidity support to the moribund stock market.The CMSF signed an agreement with Community Bank Bangladesh on Tuesday at the...
MOHAMMAD MUFAZZAL | 2024-04-03 00:00:00
The securities regulator considers some amendments to the recently approved REIT rules to pave the way for investments on development projects in "satellite cities". The rules were formulated, keeping in mind that funds will go in rental projects but now...
LONDON, April 2 (AFP): Gold prices nailed another historic peak Tuesday over the growing prospect of interest rate cuts later this year, while European equity markets wobbled as traders returned following the long Easter holiday weekend.The haven precious metal advanced...
IPDC Finance Limited has recently signed an MoU with BRAC Healthcare Limited to forge a collaboration aimed at providing exclusive healthcare benefits to IPDC employees at BRAC Healthcare centres. The signing ceremony was attended by Rizwan Dawood Shams, Managing Director...
National Bank Limited unveils its newly revamped website (www.nblbd.com), designed to elevate customer experiences. Featuring state-of-the-art security measures, it ensures a secure browsing environment. Managing Director & CEO of the bank Md Touhidul Alam Khan officially launched the revamped website...
KM Awlad Hossain has been promoted to Additional Managing Director (AMD) of Bengal Commercial Bank PLC recently, says a press release. He joined this bank as the Deputy Managing Director & Chief Business Officer. He played a vital role in...
BENGALURU, Apr 2 (Reuters): BMW Group and Tata Technologies will form a joint venture to develop automotive software for the German luxury carmaker, the Indian engineering services company said on Tuesday.India is a software development hub for global automakers and...
LONDON, Apr 2 (Reuters): The World Bank is looking to issue up to $1 billion in a debut hybrid note on capital markets this year, a senior executive told Reuters, as development banks face increasing pressure to find new ways...
The ESG First Fund, managed by Aavishkaar Capital, has announced its fifth investment of US$ 5 million in Midland Bank, says a press release. This fund, established in partnership with KfW, a German state-owned development bank, is dedicated to investing...
Eastern Refinery Limited (ERL) is going to sign another supplementary contract with its contractor China Petroleum Pipeline Engineering Co. Ltd (CPPEC) to complete the testing and commissioning of the country's first Single Point Mooring (SPM) with Double Pipeline project, reports...
OUR CORRESPONDENT | 2024-04-03 00:00:00
CHATTOGRAM, Apr 02: Local people are at odds with the Chattogram Development Authority (CDA) over its tree-felling plan for construction of ramps of Chattogram Elevated Expressway.The agitated people held a procession and rally on Monday and Tuesday in the Central...
Motiar Rahman | 2024-04-03 00:00:00
PABNA, Apr 02: Recognising the importance of palmyra palm (scientific name Borassus flabellifer) leaves as a life-saving, nutritive-delicious and valuable element, emphasis is now being placed on expansion of its plantation.The main feature of the palm tree is that it...
Child dead in Finland school shootingVANTAA, Apr 02: A child has died and two others have been seriously wounded in a shooting at a school in Finland, police say. Police said earlier that all three victims were 12 and that...
GAZA, Apr 02 (Reuters): Citizens from Australia, Britain and Poland were among seven people working for celebrity chef Jose Andres' World Central Kitchen who were killed in an Israeli airstrike in central Gaza on Monday, the NGO said.The workers, who...
DAMASCUS, Apr 02 (BBC/Reuters): Iran's Revolutionary Guards say seven officers have been killed in an Israeli strike on the Iranian consulate building in Syria's capital, Damascus.Brig-Gen Mohammad Reza Zahedi, a senior commander of the elite Quds Force, and Brig-Gen Mohammad...
PARIS, Apr 02 (AFP): Paris Saint-Germain (PSG) coach Luis Enrique said on Tuesday he was "very happy" with star attacker Kylian Mbappe during a press conference on the eve of his side's French Cup semi-final clash with Rennes, as he...
LONDON, Apr 02 (AFP): Test captain Ben Stokes has ruled himself out of England's T20 World Cup title defence, the England and Wales Cricket Board (ECB) announced Tuesday.The 32-year-old said he was skipping the tournament in the United States and...
Bangladesh left-arm medium pacer Fariha Trisna registered career-best 4-19, including a hat-trick but it was not enough to save her side from a 58-run defeat to Australian Women's team in the second T20 International at Sher-e-Bangla National Cricket Stadium in...
CHATTOGRAM, Apr 02 (Agencies): Prabath Jayasuriya, Lahiru Kumara and Kamindu Mendis each claimed two wickets as Sri Lanka came within grasp of another resounding victory in the second and final Test on Tuesday.Bangladesh were 268-7 at stumps on the fourth...
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