Bangladesh and Russia have expressed willingness to expand economic ties exploring potential areas and deepen the relations on all fronts, reports UNB.Foreign Minister Dr Hasan Mahmud discussed the issues when Russian Ambassador to Bangladesh Alexander Mantytsky met him at his...
President of the Shura Council of the Kingdom of Saudi Arabia Sheikh Dr Abdullah bin Mohammed bin Ibrahim Al Sheikh called on Prime Minister Sheikh Hasina at her official residence Ganabhaban in the city on Wednesday — PID
GAZIPUR, Jan 31 (UNB): There is no threat of militant attack centering the Biswa Ijtema, said M Khurshid Hossain, director general of the Rapid Action Battalion (RAB) on Wednesday."There is no specific threat of militant attack centering the Biswa Ijtema...
A Dhaka court on Wednesday set Thursday to hold hearing on bail pleas filed by BNP standing committee member Mirza Abbas in nine separate cases against him lodged with the capital's Paltan and Ramna Police Stations, reports BSS.The court is...
State Minister for Information and Broadcasting Mohammad Ali Arafat on Wednesday laid emphasis on bringing more professionalism and transparency in the media, saying misuse of mass media is not expected, reports BSS."Attention should be given immediately to the issues of...
Ethiopian Prime Minister Roman Abiy Ahmed Ali has congratulated Sheikh Hasina for being reelected as Prime Minister of Bangladesh, reports BSS.In a recent letter sent to Bangladesh Prime Minister, he said, "On behalf of the People and Government of the...
The government will not allow freestyle political programmes on the streets without permission, Awami League general secretary Obaidul Quader said on Wednesday, reports UNB."BNP's black-flag procession is illegal. There is no reason to think that they (BNP) will protest on...
India's markets regulator is looking at whether local mutual fund schemes investing in small and mid-cap stocks would be able to withstand sharp falls in stock prices or sudden outflows, according to two sources with direct knowledge of the matter,...
LONDON, Jan 30 (Reuters Breakingviews): Renault CEO Luca de Meo has just cancelled a public float he doesn't need in a market environment he doesn't like. The French carmaker's boss had hoped to clinch a valuation of up to 10...
SHANGHAI, Jan 31 (Reuters): Some Chinese automakers have had to delay deliveries of flagship models due to production issues with a computing unit made by tech giant Huawei, five people with knowledge of the matter said.Changan Auto and Chery Auto...
Nagad Limited and Prothoma, a subsidiary of MediaStar Limited (Prothom Alo), hosted a two-day book fair at Nagad head office on January 30 & 31 to offer Nagad employees an opportunity to buy their desired books. Tanvir A Mishuk, founder...
A delegation of representatives from the microcredit sector called on newly appointed Finance Minister Abul Hassan Mahmood Ali at his residence on Monday. Sector leaders, including Director-Finance of Buro Bangladesh Mosharrof Hossain, were present at the meeting. They discussed diverse...
A 15-day training on 'Foundation Course for Junior Officer (General) (Year-2023): Credit Operations Module' (1st Batch) of National Bank Ltd (NBL) ended at the National Bank Training Institute (NBTI) on Tuesday. The bank's Managing Director & CEO Md Touhidul Alam...
Kazi Food Industries Limited held a two-day Annual Business Conference 2024 at a hotel in Cox's Bazar recently. The theme of the conference was "Onwards and Upwards Together". Managing Director of Kazi Farms Group Kazi Zahedul Hasan; CEO of Kazi...
The 'Annual Sales & Marketing Conference 2023' of Square Pharmaceuticals PLC was held in Cox's Bazar on Tuesday. Managing Director of the company Tapan Chowdhury delivered the inaugural speech. The best performers of 2023 were awarded in the event. Samuel...
Prime Bank Investment Limited (PBIL), an investment bank and a wholly owned subsidiary of Prime Bank, launched its web portal 'PrimeInvest Portal' on Tuesday. Syed M Omar Tayub, managing director and CEO, of PBIL, attended the event. The newly launched...
Southeast Bank Training Institute organised a day-long workshop titled 'Self-Mastery, Attunement, Rapport Building, Teamwork (SMART), and Leadership in the Workplace'. Managing Director of Southeast Bank Nuruddin Md Sadeque Hossain awarded certificates to the participants. Dr Kazi Mostak Gausul Hoq, professor,...
Dr Md Shadi-Uz-Zaman, Managing Director of Notundhora Group, has been nominated as Co-Chairman of the FBCCI Standing Committee on Land Developers for 2023-25 term, says a statement. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) issued a letter...
FE REPORT | 2024-02-01 00:00:00
Speakers at a discussion on Tuesday emphasised the urgent need for enhancing stakeholders' capacity to capitalise on the light engineering sector's potential in the global market. The roundtable, titled "Unleashing the Export Potential of Light Engineering in Bangladesh," was organised...
FE REPORT | 2024-02-01 00:00:00
Grameenphone (GP) inaugurated its first "Tier III Standard Data Center", a groundbreaking hi-tech initiative that sets a new benchmark for reliability, efficiency, and sustainability of the network in Sylhet.Yasir Azman, Chief Executive Officer (CEO) of GP, unveiled the data center...
A delegation of Shippers' Council of Bangladesh (SCB) led by its Chairman Md Rezaul Karim paid a courtesy call on Prime Minister Sheikh Hasina at Gonobhaban on Wednesday and congratulated her on her assumption of office for the fifth time....
FE REPORT | 2024-02-01 00:00:00
United Power Generation & Distribution Company's profit dropped 4 per cent year-on-year to Tk 2.78 billion in the second quarter of FY24, owing to high borrowing costs and foreign currency transaction loss.The profit decline was accompanied by an 18 per...
FE REPORT | 2024-02-01 00:00:00
The state-owned Titas Gas is going to issue preference shares worth nearly Tk 2.83 billion against funds received from the government to comply with a three-year-old regulatory order.Its board at a meeting on Tuesday decided to hold an extraordinary general...
FE REPORT | 2024-02-01 00:00:00
ACI Limited has reported a loss of Tk 350 million for the second quarter of FY24, more than 90 per cent of which was borne as additional finance cost for higher interest rates. Its assets worth Tk 97.44 billion are...
FE REPORT | 2024-02-01 00:00:00
Square Pharmaceuticals gained a 6.43 per cent year-on-year growth in profit to Tk 10.23 billion in July-December, FY24.Its revenue was up 15 per cent year-on-year during the period but higher operating expenses and cost of goods sold narrowed the profit...
Visa, the global leader in digital payments, on Wednesday announced the launch of the fourth edition of Visa Accelerator Programme with an open call for applications, says a statement. The initiative aims to enable startups in Bangladesh to unlock growth...
SYLHET, Jan 31 (UNB): The import of stone through land ports in Sylhet divisions, which remained suspended since January 7, resumed on Wednesday.Md Atik Hossain, president of Sylhet District Stone Importer Group, said the importers halted the import of stone...
BRAC Bank has recently honoured its top business performers of SME Banking for their outstanding business performance in 2023.The bank organised the recognition ceremony styled "SME Champions' Meet 2023" in Dhaka to acknowledge and celebrate the tremendous success of the...
JUBAIR HASAN | 2024-02-01 00:00:00
Bangladesh's largest commercial bank Sonali Bank PLC sets sights on solidifying its financial footing by bringing down non-performing loans (NPLs) to single digits and completely eliminating capital and provisional shortfalls by the end of 2026.This ambitious target rests on the...
DOULOT AKTER MALA | 2024-02-01 00:00:00
Bangladesh Export Processing Zones Authority (BEPZA) has moved to transition from fossil fuel to renewable energy and sought fiscal support for its industries like that of being provided to the ones located outside the export processing zones (EPZs).It found existing...
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