The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a webinar on 'Understanding International Commercial Terms (Incoterms) and Cost Considerations for Importers and Exporters' recently, says a press release. It was the first of the four episodes of...
FE REPORT | 2024-03-21 00:00:00
Stock brokers of the Dhaka bourse suggest bringing changes in margin loan disbursement rules to avoid forced selling, which, according to them, is mostly responsible for market plunge time and again. Representatives of the DSE Brokers Association, Bangladesh (DBA) made...
BABUL BARMAN | 2024-03-21 00:00:00
Listed multinational companies' consistent business performance seems to have not been enough to keep foreign investors with them, let alone draw more foreign money. The reason is whimsical policies of the market regulator. When it comes to investing in stocks...
RIYADH, Mar 20 (Arab News): UAE Islamic banks saw their asset values rise to 703 billion dirhams ($191.4 billion) by the end of 2023 in what was an 11 per cent annual increase, official data showed. Figures released by the...
MUMBAI, Mar 20 (Reuters): The Indian rupee fell to its lowest level in two months on Wednesday, pressured by dollar demand from importers, including oil companies, debt repayment outflows and weakness in most Asian peers, traders said.The rupee closed at...
NEW DELHI, Mar 20 (Reuters): The wealth concentrated in the richest 1.0 per cent of India's population is at its highest in six decades and the per centage share of income exceeds that of countries including Brazil and the United...
LONDON, Mar 20 (AFP): Britain's annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates in the coming months.The Office for National Statistics said inflation...
ISLAMABAD, Mar 20 (AFP): Pakistan reached a tentative deal to unlock a $1.1 billion tranche of an International Monetary Fund (IMF) bailout deal, the global lender said Wednesday, giving much-needed respite to the South Asian nation.Last summer, cash-strapped Pakistan sketched...
Standard Bank has recently signed a participation agreement with Bangladesh Bank (BB) on providing credit guarantee facility against unsecured investment facility to women entrepreneurs. Mohammad Mohon Miah, Managing Director &CEO (Current Charge), Standard Bank, and Nahid Rahman, Director, Credit Guarantee...
Al-Arafah Islami Bank PLC signed an agreement with Bangladesh Bank (BB) on refinancing scheme for obtaining credit guarantee facilities aimed at supporting small-scale women entrepreneurs and agro-processing sector entrepreneurs. Deputy Managing Director of Al-Arafah Islami Bank Abed Ahmed Khan and...
Mercantile Bank PLC has signed a participation agreement with Bangladesh Bank (BB) on credit guarantee facility at the Jahangir Alam conference hall of the central bank recently. Md. Quamrul Islam Chowdhury, Managing Direcor & CEO of Mercantile Bank, and Nahid...
The 43rd Meeting of the Audit Committee of the Board of Directors of Modhumoti Bank PLC was held on Tuesday. The meeting was presided over by Shaikh Salahuddin, MP, Chairman Audit Committee and Vice-Chairman of the Board of Directors of...
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that despite several odds Bangladesh will generate 40 per cent of its electricity from renewable energy sources by 2041.He reiterated the country's target at a Ministerial-level multi-stakeholder roundtable...
bKash customers have taken out more than Tk 7.0 billion worth of 'nano loan' from City Bank using the bKash app since the 'digital nano loan' facility was commercially launched in 2021.This loan product was launched under a joint initiative...
FE REPORT | 2024-03-21 00:00:00
Japanese company Mitsui E&S has got the job of designing, manufacturing, supplying and installing container-handling equipment, terminal operation and security maintenance at the under-construction Matarbari deep-sea port in Chattogram.The cabinet committee on government purchase at a meeting gave the green...
LONDON, Mar 20 (Reuters): Copper prices retreated further from an 11-month peak on Wednesday, on worries about demand in top metals consumer China while lead slumped after a sharp rise in inventories.Three month copper on the London Metal Exchange (LME)...
Gold prices drifted lower on Wednesday as the US dollar firmed, while traders awaited the US Federal Reserve's monetary policy decision and Fed Chair Jerome Powell's remarks for more clues on prospects of rate cuts, reports Reuters.Spot gold dipped 0.2...
LONDON, Mar 20 (Reuters): Oil prices fell on Wednesday after hitting multi-month highs in the previous session, as investors braced for the US Federal Reserve's interest rate policy announcement later in the day.Brent crude futures for May were down 72...
QUETTA, Mar 20 (AFP): The bodies of ten more miners were pulled from a collapsed coal pit in southern Pakistan on Wednesday, officials said, bringing the death toll to 12 after the rescue bid ended.A gas explosion rocked the private...
PARIS, Mar 20 (AFP): When Herve found out he had glioblastoma-the most aggressive form of brain cancer-at the age of 40, he made a deal with himself."I said to myself: it is serious, but you are at war-and you're going...
BANGKOK, Mar 20 (AP): Military airstrikes in western Myanmar killed at least 25 members of the country's Muslim Rohingya minority, including children, local media reported, prompting the U.N. chief to express concerns over the escalating violence.According to the reports, the...
BEIJING, Mar 20 (AFP): Fourteen people were killed and 37 others injured after a bus crashed inside an expressway tunnel in northern China, state media reported Wednesday.The accident occurred shortly after 2:30 pm local time (0630 GMT) Tuesday, state broadcaster...
New delhi, Mar 20 (Reuters): India will bring in and prosecute 35 Somali pirates its navy captured on a hijacked ship off Somalia, a navy official said, in a departure from its recent practice of rescuing vessels and crew but...
BANGKOK, Mar 20 (Reuters/AP/AFP): Britain's Foreign Secretary David Cameron on Wednesday said it was vital for a pause in fighting between Israel and militant group Hamas to enable the release of hostages in Gaza, but a lot of conditions first...
KHARTOUM, Mar 20 (BBC): Top UN officials have said the Sudan's civil war conflict has plunged the country into "one of the worst humanitarian nightmares in recent history" and could trigger the world's largest hunger crisis.There are also fears that...
NEW DELHI, Mar 20 (AFP): Virat Kohli and Rishabh Pant will be under scrutiny on their return to action as the Indian Premier League (IPL) begins on Friday, with the T20 World Cup hot on its heels.The 17th edition of...
LONDON, Mar 20 (Reuters): Goals late in games have resulted in the biggest season-on-season scoring rate rise in England's top flight for nearly 100 years as Premier League defences take a hammering.With the season reaching its climax, the average goals...
MANCHESTER, United Kingdom, Mar 20 (AFP): Israel's footballers are aiming to make history by reaching the European Championship for the first time amid the ongoing conflict in the Middle East, with the final three places at Euro 2024 up for...
Bangladesh National Football team will play war-torn stronger Arabian nation Palestine in their 3nd Group I match of the FIFA World Cup Qualifier in Kuwait tonight (Thursday night), reports UNB.Bangladesh will play their 2nd round 2nd away group match of...
After becoming captain of the Bangladesh women's team, Nigar Sultana has attended countless press conferences. But Wednesday's one will surely stand out in her memory for a long time.She arrived with a broad smile, ready with her team to face...
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