FE Today Logo

Search results for:


Al-Arafah Islami Bank opened 219th branch at Rowmari

2024-03-01 00:00:00

Al-Arafah Islami Bank (AIB) opened its 219th branch at Rowmari of Kurigram on Thursday. Managing Director and CEO of the bank Farman R Chowdhury inaugurated the branch as chief guest. Former State Minister of Primary and Mass Education Md Zakir...

Southeast Bank signed memorandum of understanding with Everbright Sweater

2024-03-01 00:00:00

Southeast Bank signed a memorandum of understanding with Everbright Sweater Ltd on payroll banking, ATM and other banking services. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank, and Tawfiq Quadir, chairman of Everbright Sweater, exchanged the signed documents.

Japanese investors allocate more to overseas equities than home

2024-03-01 00:00:00

Japanese investors are hesitant to own their home stock markets despite the Nikkei's recent surge above bubble-era peaks because of uncertainty about sustained corporate returns and lingering memories of the 1990s market crash, reports Reuters.Instead, they are allocating more money...

GP will have no floor from Sunday

FE REPORT | 2024-03-01 00:00:00

Floor price of the country's largest stock Grameenphone will be removed on Sunday, according to a stock exchange filing. Market value of Grameenphone or GP is currently Tk 387 billion, more than 5 per cent of the total market capitalisation....

LafargeHolcim sustains growth in 2023 overcoming economic adversities

FE REPORT | 2024-03-01 00:00:00

LafargeHolcim reported record sales and profit for 2023, backed by what the multinational cement maker said is diverse product portfolio and innovative building material solutions.The company's sales grew 20 per cent year-on-year to Tk 28.39 billion last year while profit...

JnU student Khadija freed from all DSA cases

2024-03-01 00:00:00

Jagannath University (JnU) student Khadijatul Kubra, who was released from Kashimpur Women's Jail in November last year after over 14 months of her arrest, was discharged from another case filed under the Digital Security Act (DSA) filed with the city's...

Draconian laws being enacted to hush up market syndication: BNP

FE REPORT | 2024-03-01 00:00:00

The Bangladesh Nationalist Party (BNP) said on Thursday that the government was enacting draconian laws one after another so that none could speak out against market syndicates."Basically the government is enacting draconian laws one by one so that none could...

Lalmonirhat road accident kills college student

2024-03-01 00:00:00

LALMONIRHAT, Feb 29 (BSS): A college student was killed and five others were injured in a head-on collision between a covered van and an auto-rickshaw on the Lalmonirhat-Burimari highway in Kakina Obda Bazar area under Kaliganj upazila of the district...

Narail, Lalmonirhat, Khulna farmers eye bumper mustard output

OUR CORRESPONDENTS | 2024-03-01 00:00:00

Farmers and agricultural officials in Narail, Lalmonirhat and Khulna districts are expecting a bumper production of mustard during the current season due to favourable weather.Now the growers are passing busy time taking care of the mustard fields in different areas.A...

Corporal punishment will become a relic of past ignorance

Frank Peters | 2024-03-01 00:00:00

One day, long after I've departed, those who inhabit this world will look back and shake their heads in utter disbelief and dismay at the pervasive ignorance that existed during this period of time. Hands will shoot up in classrooms...

Sakar Fish: A threat to native fish species

2024-03-01 00:00:00

The presence of non-native species in the environment can have devastating consequences for local aquatic lives. One such example is Sakar fish, a species that has become a significant threat to water ecosystems worldwide. Originally from the Amazon Basin, Sakar...

Necessity for skill development

2024-03-01 00:00:00

In Bangladesh, an increasing number of students are pursuing higher education without considering their future prospects. According to a survey by the Bangladesh Bureau of Statistics (BBS), over 12 per cent of highly educated individuals are officially unemployed, with unofficial...

Endemic indifference responsible for health sector's anarchy

Zahid Huq | 2024-03-01 00:00:00

Thorny issues are aplenty in this country and a good number of those deserve priority attention from the government. The authorities much to the disappointment of the sufferers, however, have been displaying gross indifference to many pressing problems for long....

US airman's self-immolation exposes raw sore in US policy

Nilratan Halder | 2024-03-01 00:00:00

A serviceman of the US Air Force named Aaron Bushnell epitomises the ultimate protest against the Biden administration's role in the Israeli war in the Palestinian enclave Gaza. The 25-year airman did not endorse the US support for the genocide...

The need for IP copyright registration

2024-03-01 00:00:00

The deficiency in copyright registration reported by this newspaper suggests a vexing inadequacy within the country's copyright system, which poses potential risks to safeguarding intellectual property. According to the report, registration of creative intellectual property (IP) falls below desired levels...

Agricultural microinsurance: Need of the time

Kazi Md. Mortuza Ali | 2024-03-01 00:00:00

On March 1, 1960, Father of the Nation, Bangabandhu Sheikh Mujibur Rahman, joined Alpha Insurance Co. Ltd. as the head of its then East Pakistan Operation. As such, the government has declared March 1 as National Insurance Day to commemorate...

State of politiconomy of Bangladesh

Abdullah A Dewan | 2024-03-01 00:00:00

The term politiconomy is coined by taking the first six letters “Politi” of the word political and stitching them to the last six letters “conomy” of the word economy, and hence the term politiconomy. It is a hybrid or fusion...

Japan’s inflation beats forecasts, end of negative rates in sight

2024-02-29 00:00:00

TOKYO, Feb 28 (Reuters): Japan's core consumer inflation slowed for a third straight month in January but beat forecasts and held at the central bank's 2 per cent target, keeping alive expectations it will end negative interest rates by April.The...

HK scraps property taxes to revive sluggish market

2024-02-29 00:00:00

HONG KONG, Feb 28 (AFP): Hong Kong has axed three major property transaction taxes in a bid to revive its depressed housing market, finance minister Paul Chan said in his annual budget speech Wednesday.The finance hub is among the world's...

Bitcoin scorches past $57,000 as big buyers flock in

2024-02-29 00:00:00

LONDON/SINGAPORE, Feb 28 (Reuters): Bitcoin hit a two-year high on Tuesday, on track for its biggest two-day rally this year, on signs large players were buying the cryptocurrency, while smaller rival ether topped $3,200 for the first time since 2022.Bitcoin...

China’s premier urges stronger economic, trade ties with US

2024-02-29 00:00:00

BEIJING, Feb 28 (Reuters): China and the United States should strengthen economic and trade ties and Washington should avoid decoupling from China, Chinese Premier Li Qiang said on Wednesday, during a meeting with a visiting US delegation, Chinese state radio...

BKB conducts view exchange meeting with customers

2024-02-29 00:00:00

Bangladesh Krishi Bank (BKB) conducted a view exchange meeting with customers titled "Banker-Customer Relations & Customer Service Development" on Wednesday at the premises of Nawabganj Branch in Dhaka. Chairman of the bank's Board of Directors Md. Nasiruzzaman was present in...

Meghna Bank opens Lalbagh sub-branch

2024-02-29 00:00:00

A sub-branch of Meghna Bank PLC was inaugurated recently at Hornath Ghosh Road, Lalbagh, Dhaka. Kimiwa Saddat, Managing Director & CEO (Current Charge) of the bank, inaugurated the sub-branch as the chief guest.

ONE Bank holds day-long training programme

2024-02-29 00:00:00

ONE Bank PLC recently arranged a day-long training on "Prevention of Money Laundering & Combating Financing of Terrorism" in Khulna for executives & officers of branches and sub-branches of the bank's Khulna and Barishal zones S.M. Hasan Reza, Executive Director,...

G20 finance ministers meet on world economy hit by crises, conflicts

2024-02-29 00:00:00

SAO PAULO, Feb 28 (AFP) : G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and...

Raisul Alam re-appointed RAKUB chairman

2024-02-29 00:00:00

Md Raisul Alam Mondal has been re-appointed as chairman and director of Board of Directors of Rajshahi Krishi Unnayan Bank (RAKUB) for third term.He has been re-appointed for the next two years, says a press release. The Financial Institutions Division...

ICC Bangladesh organised a day-long workshop for women entrepreneurs and bankers

2024-02-29 00:00:00

ICC Bangladesh organised a day-long workshop for women entrepreneurs and bankers with support of ICC HQs on Capacity building of MSMEs and Women Entrepreneurs for using ICC Rules in International Trade on Wednesday in Dhaka. ICC Bangladesh Vice President &...

Govt to consider cutting duties for cold chain equipment: Salman

2024-02-29 00:00:00

Prime Minister's Private Industry and Investment Adviser Salman F Rahman said on Wednesday the government would consider taking necessary initiatives to reduce advance income tax (AIT), value added tax (VAT), tax deducted at source (TDS) and convenient duty for cold...

Forum pledges SME sector’s growth

FE REPORT | 2024-02-29 00:00:00

Forum, a panel contesting the upcoming BGMEA election, made a flurry of promises on Wednesday with priority to develop small and medium enterprises, and push for a separate ministry.It has also pledged to take measures with an eye to diversifying...

Nurul Majid Mahmud Humayun hands over a piece of Nakshikatha to Prime Minister Sheikh Hasina

2024-02-29 00:00:00

Industries Minister Nurul Majid Mahmud Humayun hands over a piece of Nakshikatha, a product from Jamalpur, to Prime Minister Sheikh Hasina at her office in the city on Wednesday, as the product got the GI status — PID