The court has sentenced 10 people to death and 6 to life imprisonment in the gang-rape incident that took place in Noakhali's Subarnachar on election day in 2018. District Judge Fatema Ferdous of Noakhali Women and Child Torture Prevention Tribunal-2...
Money laundering poses a significant obstacle to the economic development of Bangladesh. Major methods of money laundering include over and under-invoicing, hundi, and currency exchange. Various initiatives have been implemented to mitigate the prevalence of hundi, such as offering incentives...
Syed Fattahul Alim | 2024-02-13 00:00:00
It is about a week short of three months that the Iran-backed Houthi fighters of Yemen, the Ansar Allah, started to block movement of commercial ships in the Red Sea. How has the global maritime trade been faring since? Reports...
In his speech at the launching ceremony of the fifth edition of the Banking Almanac held at the National Press Club on Saturday, eminent economist Wahiduddin Mahmud made quite a few critical observations on the much hyped banking reform and...
Hasnat Abdul Hye | 2024-02-13 00:00:00
Bangladesh is fortunate to have a major power as a friendly country since its inception. India not only helped in the war of liberation with men and materials but have also assisted in its development efforts in a spirit of...
Prime Minister Sheikh Hasina has received the Geographical Indication (GI) certificates for three renowned Bangladeshi products-Tangail sari, Narsingdi's Sagar bananas, and Gopalganj's rosogolla, reports bdnews24.com.Industries Minister Nurul Majid Mahmud Humayun and Secretary Zakia Sultana handed over the certificates to the...
Numerous studies have highlighted an ever-widening disparity across the rich and poor, urban and rural divides. The latest demographic surveillance system released by the Bangladesh Bureau of Statistics (BBS) presents an altogether different form of disparity involving physical disability between...
NEW DELHI, Feb 11 (Reuters): China's Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by the government, according to a letter and a source with...
Mercantile Bank donated 1,700 bags of fertiliser at Daganbhuiyan in Feni on Saturday from its special CSR fund. Akram Hossain (Humayun), sponsor director and chairman of the executive committee of the bank, handed over the agri inputs to farmers as...
First Security Islami Bank organised a seminar on payment of school fees through the mobile financial service 'First Cash' at Keshabpur, Jashore. Teachers from 147 schools participated in the seminar, which demonstrated various features of 'First Cash'. Syed Waseque Md...
With the theme of 'Building Awareness for Financial Security', a meeting organised by the Bangladesh Bank and Exim Bank was held at Khulna Club in Khulna on Saturday. Bangladesh Bank Deputy Governor Nurun Nahar attended it as chief guest, while...
Partex Cables Limited, a sister concern of Partex Star Group, organised a dealer conference at a hotel in Dhaka recently. Aziz Al Kaiser, Vice Chairman of Partex Star Group, was present as the chief guest while Amman Al Aziz, Chairman...
The Branch Managers' Conference-2024 of Federal Insurance Company was held at Dhaka Club Ltd recently. Chairman of the company Enamul Hoq was present as the chief guest. The conference was presided over by its Managing Director AMM Mohiuddin Chowdhury. Among...
Akkas Uddin Mollah and Fakir Akhtaruzzaman have been unanimously re-elected as chairman and vice-chairman of the Executive Committee (EC) of Shahjalal Islami Bank PLC respectively. This was disclosed in the 373rd meeting of the board of directors of the bank...
Managing Director of Bangladesh Krishi Bank (BKB) Md Shawkat Ali Khan announced a special programme on improving work environment and intensifying banker-customer relations at a virtual meeting held at the bank's head office recently. BKB Deputy Managing Directors Chanu Gopal...
LankaBangla Finance PLC. introduced Convenient BEFTN Services for its credit card members to pay credit card bill in association with The Premier Bank PLC, says a press release. Through this partnership LankaBangla credit card members can now conveniently pay their...
FE REPORT | 2024-02-12 00:00:00
The PRAN-RFL company has started producing non-leather footwear for global brands like H&M while its export of the item grew over 50 per cent to USD 7.2 million in 2022-23. RFL began exporting non-leather footwear products in 2021 and now...
Sohail R K Hussain joined Bank Asia as president and managing director on 11 February. Prior to joining Bank Asia, Mr. Hussain led two leading private commercial banks in the country- Meghna Bank Limited as managing director & CEO since...
Prime Bank Investment Limited (PBIL) successfully completed two significant merger deals involving listed concerns for Magura Group, solidifying its position as a leading investment bank in Bangladesh.Pearl Paper and Board Mills Limited (transferor) merged with Bangladesh Monospool Paper Manufacturing Co....
FE REPORT | 2024-02-12 00:00:00
The banking sector emerged as the market-cap leader on Sunday after three years, replacing the pharmaceuticals, for continued rally of bank stocks on the Dhaka Stock Exchange (DSE) after the floor price removal.Having been undervalued for a long time, bank...
MOHAMMAD MUFAZZAL | 2024-02-12 00:00:00
Merchant banks pay tax at the same rate as banks despite playing different roles, and so they urge the National Board of Revenue to cut it down to what is applicable for market intermediaries. A merchant bank is required to...
LONDON, Feb 11 (Reuters): War underwriters have raised the premiums they charge to US, British and Israeli firms by as high as 50 per cent for ships transiting the Red Sea and some providers are avoiding such business due to...
Social Islami Bank held a business development meeting in Rajshahi on Saturday. Zafar Alam, Managing Director and CEO, was present as the chief guest. Deputy Managing Directors Abdul Hannan Khan and Mohammad Habibur Rahman, and Rajshahi Zonal Head Md Shahriar...
Leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) paid a courtesy call on Prime Minister Sheikh Hasina and greeted her with a bouquet at her office in the capital on Sunday. The delegation members included BGMEA President Faruque Hassan,...
Islami Bank Bangladesh PLC organised an Employee Conference for Chattogram South Zone, North Zone and Agrabad Corporate Branch at Navy Convention Centre in Chattogram on Sunday. Mohammed Monirul Moula, Managing Director and CEO of the bank, addressed the conference as...
Eminent banker ATM Tahmiduzzaman has been promoted to Additional Managing Director and Amalendu Roy to Deputy Managing Director of the United Commercial Bank PLC, says a statement. Prior to their new assignment, ATM Tahmiduzzaman was the Deputy Managing Director and...
BRAC Bank PLC has appointed Anita Ghazi Rahman as an Independent Director to its Board of Directors, effective from January 30, says a statement. Anita Ghazi Rahman is a distinguished young law professional with over 19 years of post-qualification experience...
Kimiwa Saddat has taken over as the Managing Director (Current Charge) of Meghna Bank PLC with effect from February 11. He has been serving the bank as the Deputy Managing Director, says a statement.Mr Saddat joined Meghna Bank PLC in...
REZAUL KARIM | 2024-02-12 00:00:00
The government plans to develop strategies to offset losses incurred due to India's imposition of anti-dumping duty (ADD) on jute goods, sources say.It also plans to take necessary steps against a possible imposition of countervailing duty (CVD) -- also known...
US energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday, reports Reuters.The oil and gas rig count, an early...
© 2024 - All Rights with The Financial Express
