To amplify its commitment to inclusivity and sustainability, Prime Bank has entered into a strategic partnership with the Dutch entrepreneurial development bank FMO.The collaboration comes in the form of a term loan agreement, with FMO providing $50 million to Prime...
FE REPORT | 2024-01-16 00:00:00
Ratanpur Steel Re-Rolling Mills (RSRM) is out of operation for two years but its stock price has escalated by 48 per cent in the last two months. The stock jumped from Tk 16.30 to Tk 24.10 a share since November...
MOHAMMAD MUFAZZAL | 2024-01-16 00:00:00
Investors have begun to see redemption of a listed subordinated bond issued by Ashuganj Power Station Company, fueling optimism surrounding the secondary market of debt securities. This is the first time a listed bond floated by an energy company is...
DAVOS (Switzerland), Jan 15 (Reuters): Hitachi India expects to contribute $20 billion in revenue to its Japanese parent by 2030, its managing director said in an interview on the sidelines of the World Economic Forum annual meeting."India is being looked...
BERLIN, Jan 15 (Reuters): Thousands of tractors and trucks and about 10,000 people blocked the avenue leading to Berlin's Brandenburg Gate on Monday, capping a week of protests against higher taxes for farmers that have become a flashpoint for anti-government...
LONDON, Jan 15 (Reuters): The percentage of women appointed to board-level roles at large financial services firms in the European Union fell last year, making it harder for the sector to meet the bloc's looming diversity target, a survey from...
NEW YORK, Jan 15 (Reuters): Global banks could boost their valuations by a combined $7 trillion in the next five years if they take major steps to promote growth and boost productivity, the Boston Consulting Group said in a report...
FE REPORT | 2024-01-16 00:00:00
RFL, a leading business conglomerate, has started exporting PVC sanitary fittings to the United Kingdom (UK). The first consignment of sanitary fittings was sent to the UK from the RFL Pipe & Fittings factory at Habiganj Industrial Park in Habiganj...
Shimanto Bank has officially inaugurated Chirirbandar Branch and ATM recently. Sector Commander of Dinajpur Sector & Deputy Director General of Border Guard Bangladesh Col Rashed Asgar was present as the chief guest at the inaugural ceremony and Managing Director &...
Pragati Life Insurance recently signed a bancassurance agreement with Dutch-Bangla Bank. Under the agreement, the bank's customers can purchase various insurance products of the insurance company, such as health insurance, education insurance and other savings-oriented life insurance plans, through the...
Jamuna Bank Foundation held a free medical camp at Kashinathpur in Pabna recently. At the event, 7,036 people received free healthcare services and 947 individuals were listed for free eye operation. Also, 2500 blankets were distributed among cold-affected people. Nur...
BEIJING, Jan 15 (Reuters): China's economic growth is likely to slow to 4.6 per cent in 2024, and cool further to 4.5 per cent in 2025, a Reuters poll showed, raising the heat on policymakers to roll out more stimulus...
FE REPORT | 2024-01-16 00:00:00
The government is all set to launch a new hotline for consumers so they can share real-time information on the prices of essential commodities.An extra digit will be added to the national hotline number 333 to this end.Accordingly, the authorities...
REZAUL KARIM | 2024-01-16 00:00:00
The government has asked Janata Bank (JB) to provide a tentative schedule for winding up the operations of its subsidiary, Janata Exchange Company (JEC), in Italy.The state-owned bank has also been asked to explain whether the closure of the exchange...
BUDAPEST, Jan 15 (Reuters): The European Union's eastern states are demanding the EU impose import duties on Ukraine grains, citing unfair competition, Hungary's agricultural ministry said on Monday.The ministry said the farm ministers from Bulgaria, Poland, Hungary, Romania and Slovakia...
Gold prices advanced on Monday, as the metal's appeal was boosted by safe-haven demand owing to tensions in the Middle-East, while markets raised bets that the Federal reserve will cut rates sooner than expected, reports Reuters.Spot gold was up 0.2...
SAO PAULO, Jan 15 (Reuters): Brazilian planemaker Embraer expects its agricultural aircraft Ipanema to hit record deliveries this year after a positive 2023 driven by the strength of the country's farm sector, it told Reuters on Monday.Used in crop-dusting activities,...
DOHA/SINGAPORE, Jan 15 (Reuters): QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed Houthi...
Britain commits 20,000 military personnelfor NATO exercise in EuropeLONDON, Jan 15: Britain will commit 20,000 military personnel to serve across Europe in a major NATO exercise in the first half of this year, as well as warships and fighter jets,...
MALE, Jan 15 (BBC): Bilateral ties between the Maldives and India - that have hit rock-bottom in recent weeks - have taken another tumble after Male formally asked Delhi to withdraw its troops from the island nation by 15 March.The...
DAVOS, Jan 15 (AFP): More than 80 countries held talks on Sunday seeking common ground on Ukraine's peace formula, as the Swiss co-hosts admitted that including Russia in negotiations remains some way off.National security advisors from 83 countries held a...
INDIANOLA, Jan 15 (AFP): Several young protesters chanting "Trump, climate criminal" briefly disrupted an Iowa campaign event by the former US president on the eve of the state's first-in-nation vote in the Republican presidential nomination race.One protester held a black-and-yellow...
RIYADH, Saudi Arabia, Jan 15 (AP): Vinícius Júnior did his best Cristiano Ronaldo impression in Saudi Arabia, scoring a hat trick and leading Real Madrid to a 4-1 rout of Barcelona and the Spanish Super Cup trophy.Vinícius scored his three...
WELLINGTON, Jan 15, 2024 (AFP) - New Zealand captain Kane Williamson, who suffered a hamstring injury in the second Twenty20 against Pakistan, is unlikely to take any further part in the series, coach Gary Stead said Monday.Williamson was already set...
The mystery surrounding David Warner's missing Baggy Green caps seems to have finally been solved, according to British daily newspaper The Daily Mail.The veteran opener made a desperate plea for the return of his treasured caps after they were lost...
DOHA, Jan 15 (AFP): Paris Saint-Germain's Lee Kang-in upstaged Son Heung-min with two goals as South Korea began their bid for a first Asian Cup since 1960 with a 3-1 win over Bahrain on Monday.Lee has impressed at PSG since...
The Bangladesh Under-19 team slumped to a 112-run defeat to Sri Lanka youngsters on (Duckworth-Lewis-Stern) DLS method in their first practice game for the ICC Under-19 World Cup at Pretoria on Sunday, reports BSS.In the game, hit by rain, Sri...
MELBOURNE, Jan 15 (AFP): Two-time Australian Open champion Naomi Osaka's Grand Slam comeback ended abruptly Monday, crashing out to Caroline Garcia, but US Open winner Coco Gauff and men's third seed Daniil Medvedev surged on in Melbourne.On a baking-hot day...
Bangladesh Cricket Board (BCB) announced on Monday a 16-member final squad of the Bangladesh women's U-19 cricket team to play in the Under-19 Tri-nation T20 cricket tournament, beginning on January 24 in Cox's Bazar, reports UNB.The Tri-Nation Tournament involving hosts...
LAXMIPUR, Jan 14 (UNB): A drug addict reportedly stabbed his mother to death as she refused to give him money in Laxmipur sadar upazila on Sunday.The deceased was identified as Kiron Begum, wife of Abul Khair of Gangapur village of...
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