Dhaka Metropolitan Police (DMP) has imposed some restrictions to maintain peace and discipline in areas surrounding the Jatiya Sangsad (JS) as the 12th parliament’s maiden session begins tomorrow (Tuesday).The restrictions will take effect from 12 midnight today, a release of...
RIYADH, Jan 28 (Arab News): The UAE is planning to issue sukuk and bonds worth 5 billion dirhams ($1.36 billion) in the first quarter of this year, revealed a top official. Talking to state news agency WAM on the sidelines...
DBH Finance PLC was recognised as one of the top taxpayers by the National Board of Revenue's (NBR) Large Taxpayer Unit (LTU) in the non-banking financial institution sector for financial year 2022-23. On behalf of the DBH Finance, Chief Finance...
The country's popular fast food retail brand 'Tasty Treat' has opened its outlet on the Faculty of Business Studies premises at the University of Dhaka. Prof Dr ASM Maksud Kamal, Vice-Chancellor of Dhaka University, inaugurated the outlet recently. Prof Dr...
Union Bank PLC organised its Annual Risk Management Conference 2024 in Dhaka recently. Managing Director & CEO of the bank ABM Mokammel Hoque Chowdhury inaugurated the conference as the chief guest.
The 927th branch of Janata Bank PLC opened at Kashiani Bazar in Gopalganj on Sunday. Managing Director and CEO of the bank Md Abdul Jabbar inaugurated the branch as the chief guest.
The Business Conference-2024 of Rajshahi Division of Rupali Bank PLC was held with the participation of branch managers at Rajshahi Postal Academy on Saturday. Mohammad Jahangir, Managing Director & CEO of the bank, was present as the chief guest with...
A delegation of CIS-BCCI (Commonwealth of Independent States-Bangladesh Chamber of Commerce & Industry) led by its President Mohammad Ali Deen called on State Minister for Commerce Ahsanul Islam Titu at the secretariat on Sunday. CIS-BCCI Vice President Jadab Debnath, Directors...
The Business Review Meeting of Islamic Finance and Investment Limited (IFIL) was held at its head office recently. KBM Moin Uddin Chisty, chairman of the Board of Directors of IFIL, AKM Shahidul Haque, Audit Committee Chairman, and Afzalur Rahman, Director,...
NEW YORK/LONDON, Jan 28 (Reuters): MSCI's global stock index barely rose on Friday while the US dollar edged down after the US Federal Reserve's favored inflation reading showed moderating prices and investors waited anxiously for clues on interest rate policy...
The 123rd meeting of the executive committee of Modhumoti Bank Limited was held virtually on Saturday. The meeting was presided over by EC Chairman, Barrister Sheikh Fazle Noor Taposh. Chairman of Labib Group Salahuddin Alamgir, Chairman of Meghna Group Mostafa...
Southeast Bank organised 'Agent Banking Conference' at its head office in the capital recently. Nuruddin Md Sadeque Hussain, managing director of Southeast Bank, nationwide agent outlet partners, divisional heads of the head office, head of branches and other officials participated...
Mercantile Bank donated fertiliser to 150 farmers at Keraniganj in Dhaka on Saturday from its special CSR fund. M Amanullah, director of the bank and chairman of Mercantile Exchange House (UK) Limited, handed over the fertiliser to the farmers as...
Mutual Trust Bank (MTB) held its 'Annual Town Hall 2024' in the capital on Friday. The programme was attended by MTB Chairman Md Abdul Malek, Vice Chairman and Founding Chairman Syed Manzur Elahi, directors Md Hedayetullah, Rashed Ahmed Chowdhury, Khwaja...
Textiles and Jute Minister Jahangir Kabir Nanak has said the government eyes to increase yearly export earnings from jute and jute goods to $2.0 billion within next two-three years, reports BSS."Every year, Bangladesh exports on an average jute and jute...
FE REPORT | 2024-01-29 00:00:00
Premier Cement’s profit soared 28.38 times in the second quarter of FY24 as revenue jumped 29 per cent and manufacturing cost came down significantly.The earnings per share stood at Tk 2.09 for the period, up from Tk .07 a year...
FE REPORT | 2024-01-29 00:00:00
Dhaka Electric Supply Company or DESCO plunged deep into the red for the fifth straight quarter through December last year, with its loss multiplying more than 13 times year-on-year to Tk 433 million. It began enduring losses since the government...
NEW DELHI, Jan 28 (Reuters): Indian thermal power producer Adani Power, opens new tab reported an increase in third-quarter profit on Thursday, as strong industrial demand drove a recovery from a massive slump in profit the previous year.The company reported...
MUMBAI, Jan 28 (Reuters): India's Yes Bank said net profit more than quadrupled in the October-December period, helped by a drop in loan-loss provisions and healthy growth in lending, but the result fell short of market expectations.Standalone net profit rose...
RIYADH, Jan 28 (Reuters): Localising vaccine manufacturing and improving the health of Saudi citizens are among the key goals of a new national biotechnology strategy, launched by Crown Prince Mohammed bin Salman on Thursday. The new initiative also aims to...
A 30-day banking foundation training course for the 80th and 81st batches organised by Agrani Bank Training Institute (ABTI) has started. Agrani Bank PLC Chairman Dr Zaid Bakht inaugurated the training course as the chief guest while Managing Director and...
DAKAR, Jan 28 (Reuters): The Democratic Republic of Congo and its Chinese investors have reached an agreement over their Sicomines copper and cobalt joint venture, they said in a statement on Saturday, with the Chinese investing up to $7 billion...
Colgate-Palmolive on Friday forecast fiscal 2024 sales below estimates, as higher prices of its oral and personal care products continue to weigh on volumes, reports Reuters.The toothpaste maker expects annual sales growth to be between 1 per cent and 4...
Bangladesh and Nepal on Sunday stressed the need for working together to address challenges they would face upon graduating from the Least Developed Country (LDC) status, reports UNB.Both sides agreed to strengthen their relations and promote regional cooperation.These issues were...
The Annual Business Development Conference 2024 of Al-Arafah Islami Bank PLC was held on Saturday at a city hotel. Chairman of the bank Abdus Samad Labu inaugurated the conference as the chief guest while Managing Director and CEO Farman R....
LONDON, Jan 28 (Reuters): Asian spot liquefied natural gas (LNG) prices remained below $10 per million British thermal units (mmBtu) for the second week, as solid inventories and mild weather continue to outweigh geopolitical risk related to the Red Sea...
Mitsubishi Heavy Industries Ltd, a renowned Japanese company, has expressed its keenness to cooperate in setting up a fertiliser factory in Bhola, reports BSS.A delegation of the Japanese company, led by Project Manager of the Ghorashal-Polash Urea Fertiliser Project Yuichi...
ICC Bangladesh Banking Commission Chairman Muhammad A. (Rumee) Ali (6th from left) presided over a meeting of the commission held at the ICC Bangladesh Secretariat recently. Commission Members discussed various activities of ICC Bangladesh and preparation of six policy papers...
BELGRADE, Jan 28 (Reuters): China has agreed to invest 2 billion euros ($2.18 billion) in Serbia to build wind and solar power plants and a hydrogen production facility, the biggest investment in renewable energy in the Balkan country to date,...
HANOI, Jan 28 (Reuters): Fifteen US companies, including semiconductors firms, have expressed interest in investing $8 billion in Vietnam in clean energy infrastructure, contingent on the country's progress on renewable energy rules, a senior US official said on Friday.Vietnam is...
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