The concept of the 'Blue Economy', though echoed profusely since the early years of this century, didn't gain momentum in Bangladesh until 2012 when Bangladesh settled the maritime boundary delimitation with Myanmar. With technological development and innovations, countries across the...
The much-appreciated community clinic project was initiated by Prime Minister Sheikh Hasina in 1996 to ensure healthcare facilities for all and provide healthcare directly to people at the grassroots level. Under this initiative, the government so far established around 17,000...
Atiqul Kabir Tuhin | 2024-02-04 00:00:00
The month-long Amar Ekushey Boi Mela 2024 - the landmark event of the Ekushey observances - was ceremoniously inaugurated on the Bangla Academy premises by Prime Minister Sheikh Hasina last Thursday. Book fairs are held in many countries with little...
Asjadul Kibria | 2024-02-04 00:00:00
As capital flight from Bangladesh has long been a reality, so has also been talk of bringing back or recovering the siphoned-off money, especially in the last couple of years. The feasibility of recovery is, however, remains a moot question...
The additional efforts that the National Board of Revenue (NBR) has been putting in to raise income tax revenues in recent years have started paying dividend albeit to a nominal extent. According to a report published in this newspaper, in...
ONE BANK SIGNS AGREEMENT WITH BEZAONE Bank PLC has signed an agreement with Bangladesh Economic Zones Authority (BEZA) for relocation of its existing branch at the Admin Building at Bangabandhu Sheikh Mujib Shilpa Nagar in Mirsarai, Chattogram. Managing Director of...
Walmart said on Wednesday it was planning to open more than 150 stores over the next five years, as it invests heavily in its operations to stay competitive in a fast-changing retail landscape, reports Reuters.The company said in October it...
MUMBAI, Feb 3 (Reuters): State Bank of India (SBI) the country's largest lender, on Saturday reported an unexpectedly steep 35 per cent drop in net profit for the October-December quarter, weighed down by higher pension costs and wage revisions.Net profit...
SHIMANTO BANK HOLDS ANNUAL BUSINESS CONFERENCEThe Annual Business Conference-2024 of Shimanto Bank was held at its Head Office recently. Rafiqul Islam, Managing Director & CEO of the bank, was present as the chief guest. The managers of Branches & Sub-Branches,...
SBAC BANK HOLDS BUSINESS DEV CONFERENCE SBAC Bank PLC held the Annual Business Development Conference 2024 at a city hotel on Saturday. Abu Zafar Mohammod Shofiuddin Shamim, MP, Chairman of the bank, inaugurated the conference as the chief guest while...
BMCCI DELEGATION CALLS ON FBCCI PRESIDENT The Newly elected Board of Directors of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) led by its President Shabbir A Khan pays a courtesy call on President of the Federation of Bangladesh Chambers of...
FE REPORT | 2024-02-04 00:00:00
A six-day fabric exhibition titled 'Winter Collection Fabrics Week', organised by the leading fabric manufacturer Paramount Textile PLC, kicked off in the city on Saturday.The fair, being held on the premises of Paramount Textile's head office at Gulshan in the...
Iqbal Parvez Chowdhury, Chief Credit Officer (CCO) of IFIC Bank PLC, has been promoted to Deputy Managing Director of the bank, says a statement. Mr. Chowdhury joined IFIC Bank on April 25, 2012. He started off his banking career in...
BOGOTA, Feb 03 (AFP): Three Panamanians who drifted in the Pacific for 11 days, surviving on rainwater and coconuts that floated by, have been rescued, the Colombian navy said Friday.The trio traveled about 600 kilometers (370 miles) on what was...
SANTIAGO, Feb 03 (AFP): Chile declared a state of emergency on Friday as officials said 10 people were feared dead in forest fires in the central Valparaiso region, where blazes are threatening hundreds of homes.Officials there gave the "preliminary" toll...
DAMASCUS, Feb 03 (AFP): Damascus said Saturday that US occupation of Syrian territory "cannot continue" after Washington carried out deadly strikes in retaliation for a drone attack that killed three US soldiers in Jordan.The overnight strikes killed "a number of...
BAGHDAD, Feb 03 (Reuters/AFP): The US military launched airstrikes on Friday in Iraq and Syria against more than 85 targets linked to Iran's Revolutionary Guard (IRGC) and the militias it backs, in retaliation for last weekend's attack in Jordan that...
BEIJING, Feb 03 (Reuters): Apple's weak China sales performance may have shocked investors, but customers and analysts have been noting the rising challenges the company faces in its third-largest market.Intensifying competition from domestic rivals, coupled with longer upgrade cycles as...
With a view to creating awareness among the students by engaging them in financial activities, Social Islami Bank PLC has launched a month-long "School Banking Campaign-2024."Zafar Alam, Managing Director & CEO of the bank, inaugurated the campaign at the bank's...
hinese internet giant Alibaba Group is looking to sell a number of consumer sector assets, including grocery business Freshippo and retailer RT-Mart, three sources with knowledge of the situation said.The sale plan comes as Alibaba, under chairman Joe Tsai and...
ALLIANCE FINANCE TO SUPPORT ACID VICTIMSAs part of its Corporate Social Responsibility (CSR), the Alliance Finance PLC has partnered with Acid Survivors Foundation to support the acid victims for their medical services, psychotherapy, physiotherapy, consultancy, etc and rehabilitate them in...
ISLAMABAD, Feb 03 (Arab News): Pakistan's top business body has said the South Asian country should aim to enhance its halal food exports to Saudi Arabia and other Gulf Cooperation Council countries - a region he believes holds the key...
CAPM Company Limited has declared a net asset value (NAV) of CAPM BDBL Mutual Fund 01, according to a press release. The total NAV of CAPM BDBL Mutual Fund 01 stood at Tk 545,657,959.07 on the basis of cost price...
SONALI BANK SIGNS DEAL WITH RAKUB Sonali Bank PLC and Rajshahi Krishi Unnayan Bank (RAKUB) signed an agreement on the use of the 'Sonali Payment Gateway' service. Under the agreement, RAKUB customers can pay their fees and charges of educational...
WASHINTON, Feb 03 (BBC): Officials at the US central bank have left interest rates at a 23-year high, and said rate cuts are coming - but not yet.The decision from the Federal Reserve again kept the target range for its...
Engr. Sangeeta Kaushik has joined Bangladesh-India Friendship Power Company (Pvt.) Limited (BIFPCL) as its Managing Director recently, says a press release. Prior to joining this position, she had been serving as Executive Director (Business Development, International Business Development & Consultancy)...
Dhaka central and Dhaka east zone of Islami Bank Bangladesh organised 'Agent banking business development conference and workshop on prevention of money laundering & terrorist financing' on Saturday at a local hotel in the capital. Mohammed Monirul Moula, managing director...
NEW YORK, Feb 3 (Reuters): Robust US economic data is confronting investors with an unexpected question: whether strong growth can keep driving stocks higher even if the Federal Reserve delivers less monetary-policy easing than the market had hoped.Expectations that the...
The 37th 'Annual branch managers' conference-2024' of Eastland Insurance Company Limited was held at DCCI Auditorium, Motijheel in the capital on Saturday. Mahbubur Rahman, chairman of the company, inaugurated the conference. Members of the board Kamal Uddin Ahmed, Rizwan-Ur Rahman,...
Mohammad Mufazzal | 2024-02-04 00:00:00
The outstanding negative equity against margin loans taken for investments in the country's capital market fell more than 18 per cent to Tk 66.3 billion between December 2020 and September 2023.Though market stakeholders say such a high volume of prevalent...
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